FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-05742

BlackRock Funds

(Exact name of registrant as specified in charter)

100 Bellevue Parkway, Wilmington, DE 19809

(Address of principal executive offices) (Zip Code)

Brian Kindelan

100 Bellevue Parkway, Wilmington, DE 19809

(Name and address of agent for service)

Registrant’s telephone number, including area code: 800-441-7762

Date of fiscal year-end: September 30

Date of reporting period: 7/1/2003-6/30/2004

<PRE>
=================== BLACKROCK ASIA PACIFIC EQUITY PORTFOLIO ====================

ITEM 1 PROXY VOTING RECORD

ADVANCED INFO SERVICE PCL

Ticker:       AVIFY          Security ID:  Y0014U183
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

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


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AIFUL CORP.

Ticker:                      Security ID:  J00557108
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor
6     Approve Executive Stock Option Plan       For       For        Management


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AMADA CO. LTD.

Ticker:                      Security ID:  J01218106
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 0,              Vote
      Final JY 5, Special JY 0
2     Amend Articles to: Authorize Share        For       Did Not    Management
      Repurchases at Board's Discretion                   Vote
3     Approve Executive Stock Option Plan       For       Did Not    Management
                                                          Vote
4     Approve Retirement Bonus for Director     For       Did Not    Management
                                                          Vote


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ASAHI KASEI CORP. (FRM. ASAHI CHEMICAL INDUSTRY)

Ticker:                      Security ID:  J0242P110
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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AUSTRALIA & NZ BANKING GROUP LTD. (FORMERLY AUSTRALIA & NEW

Ticker:       ANZ            Security ID:  Q09504137
Meeting Date: AUG 13, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Confirm Member Approval to the Buy-Back   For       For        Management
      Agreement Relating to the Redeemable
      Preference Shares Issued by the Company
      in 1998
2     Amend Constitution                        For       For        Management
3     Approve Issuance of 12.5 Million Reset    For       For        Management
      Convertible Preference Shares


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BHP BILLITON LIMITED (FORMERLY BHP LTD.)

Ticker:       BHP            Security ID:  Q1498M100
Meeting Date: NOV 13, 2003   Meeting Type: Annual
Record Date:  NOV 11, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements for BHP       For       For        Management
      Billiton Ltd and Statutory Reports for
      the Year Ended  June 30, 2003
2     Accept Financial Statements and Statutory For       For        Management
      Reports for BHP Billiton Plc for the Year
      Ended June 30, 2003
3     Elect D C Brink as Director of BHP        For       For        Management
      Billiton Ltd
4     Elect D C Brink as Director of BHP        For       For        Management
      Billiton Plc
5     Elect M A Chaney as Director of BHP       For       For        Management
      Billiton Ltd
6     Elect M A Chaney as Director of BHP       For       For        Management
      Billiton Plc
7     Elect Lord Renwick of Clifton as Director For       For        Management
      of BHP Billiton Ltd
8     Elect Lord Renwick of Clifton as Director For       For        Management
      of BHP Billitoon Plc  as Director
9     Elect M Salamon as Director of BHP        For       For        Management
      Billiton Ltd
10    Elect M Salamon as Director of BHP        For       For        Management
      Billiton Plc
11    Elect J G Buchanan as Director of BHP     For       For        Management
      Billiton Ltd
12    Elect J G Buchanan as Director of BHP     For       For        Management
      Billiton Plc
13    Approve KPMG Audit Plc and                For       For        Management
      PricewaterhouseCoopers LLP as Auditors
      and Authorize Board to Fix Their
      Remuneration
14    Approve Authority to Allot Shares in BHP  For       For        Management
      Billiton Plc
15    Approve Renewal of Authority to Allot     For       For        Management
      Equity Securities for Cash
16    Authorize Share Repurchase Program        For       For        Management
17    Approve Remuneration Report for the Year  For       For        Management
      Ended June 30, 2003
18    Approve the Grant of Deferred Shares,     For       For        Management
      Options and Performance Shares to
      Executive Director and Chief Executive
      Officer, C W Goodyear Under the BHP
      Billiton Limited Group Incentive Scheme
19    Approve the Grant of Deferred Shares,     For       For        Management
      Options and Performance Shares to
      Executive Director and Senior Minerals
      Executive, M Salamon Under the BHP
      Billiton Plc Group Incentive Scheme


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BOC HONG KONG (HOLDINGS) LTD

Ticker:                      Security ID:  Y0920U103
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.32 Per     For       For        Management
      Share
3a    Reelect ZHOU Zaiqun as Director           For       For        Management
3b    Reelect TUNG Chee Chen as Director        For       For        Management
3c    Reelect YANG Linda Tsao as Director       For       For        Management
4     Approve Remuneration to Non-Executive     For       For        Management
      Directors and Senior Adviser Who Serve as
      Board Committee Chairman or Members of
      HK$100,000 Per Annum Per Board Committee
      to Each Committee Chairman and HK$50,000
      Per Annum Per Board Committee to Each
      Member
5     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Retirement and Nomination of
      Directors, Material Interest of Directors
      in Contracts Entered into by the Company
7     Approve Payment of Fees Amounting to      For       For        Management
      HK$50,000 Per Annum to Each Member and
      Secretary of Board Committees Who Are Not
      Directors or Salaried Employees of the
      Group
8     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
9     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
10    Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

BRIDGESTONE CORP.

Ticker:                      Security ID:  J04578126
Meeting Date: MAR 30, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 8,              Vote
      Final JY 8, Special JY 0
2     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
3     Amend Articles to: Authorize Share        For       Did Not    Management
      Repurchases at Board's Discretion                   Vote
4     Elect Director                            For       Did Not    Management
                                                          Vote
5.1   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
5.2   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
6     Approve Retirement Bonuses for Director   For       Did Not    Management
      and Statutory Auditor                               Vote
7     Approve Executive Stock Option Plan       For       Did Not    Management
                                                          Vote


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CHEUNG KONG HOLDINGS

Ticker:       CHEUY          Security ID:  Y13213106
Meeting Date: MAY 20, 2004   Meeting Type: Special
Record Date:  MAY 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Nomination of          For       For        Management
      Directors, Voting at Meetings, Issuance
      of Share Certificate, Removal of Director
      by Ordinary Resolution


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CHEUNG KONG HOLDINGS

Ticker:       CHEUY          Security ID:  Y13213106
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAY 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$1.30 Per     For       For        Management
      Share
3a    Reelect Chung Sun Keung, Davy as Director For       For        Management
3b    Reelect Ip Tak Chuen, Edmond as Director  For       For        Management
3c    Reelect Chiu Kwok Hung, Justin as         For       For        Management
      Director
3d    Reelect Chow Kun Chee, Roland as Director For       For        Management
3e    Reelect Wong Yick-ming, Rosanna as        For       For        Management
      Director
3f    Reelect Yeh Yuan Chang, Anthony as        For       For        Management
      Director
4     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5a    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5b    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


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CHINA STEEL CORPORATION

Ticker:                      Security ID:  Y15041109
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Endorsements and        None      None       Management
      Guarantees
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
2.3   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
2.4   Amend Articles of Association             For       For        Management
2.5   Amend Rules and Procedures of             For       For        Management
      Shareholders Meeting
2.6   Amend Nomination Procedures for the       For       For        Management
      Board
2.7   Amend Procedures Governing the            For       For        Management
      Acquisition or Disposal of Assets
2.8   Elect Directors and Supervisors           For       For        Management
3     Other Business                            For       Against    Management


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CHINA TRUST FINANCIAL HOLDINGS COMPANY LTD.

Ticker:                      Security ID:  Y15093100
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Execution of Treasury   None      None       Management
      Stocks
1.4   Receive Report on Execution of Unsecured  None      None       Management
      Subordinate Corporate Bonds
2.1   Accept the Revision of Plan for           For       Against    Management
      Utilization of 2002 Euro Convertible
      Bonds Funds
2.2   Accept Financial Statements and Statutory For       For        Management
      Reports
2.3   Approve Allocation of Income and          For       For        Management
      Dividends
3.1   Amend Operating Procedures for the Loan   For       For        Management
      of Funds and Guarantees to Other  Parties
3.2   Approve Capitalization of Capital Reserve For       For        Management
3.3   Amend Articles of Association             For       For        Management
4     Other Business                            None      None       Management


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

CHUGAI PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  J06930101
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 13, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
5     Approve Executive Stock Option Plan       For       For        Management
6     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion


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DAIWA HOUSE INDUSTRY CO. LTD.

Ticker:                      Security ID:  J11508124
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 15, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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DENTSU INC.

Ticker:                      Security ID:  J1207N108
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 500,
      Final JY 500, Special JY 0
2     Amend Articles to: Amend Business Lines - For       Against    Management
      Authorize Appointment of Alternate
      Statutory Auditors - Reduce Directors
      Term in Office - Authorize Share
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
4.4   Appoint Internal Statutory Auditor        For       Against    Management
5     Appoint External Auditors                 For       For        Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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EAST JAPAN RAILWAY CO

Ticker:                      Security ID:  J1257M109
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3000,
      Final JY 3000, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
4.14  Elect Director                            For       For        Management
4.15  Elect Director                            For       For        Management
4.16  Elect Director                            For       For        Management
4.17  Elect Director                            For       For        Management
4.18  Elect Director                            For       For        Management
4.19  Elect Director                            For       For        Management
4.20  Elect Director                            For       For        Management
4.21  Elect Director                            For       For        Management
4.22  Elect Director                            For       For        Management
4.23  Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


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ESPRIT HOLDINGS

Ticker:                      Security ID:  G3122U129
Meeting Date: NOV 26, 2003   Meeting Type: Annual
Record Date:

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


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GAS AUTHORITY OF INDIA LIMITED

Ticker:                      Security ID:  Y2682X135
Meeting Date: SEP 30, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 7 Per Share      For       For        Management
3     Reappoint S. Vijayaraghavan as Director   For       For        Management
4     Reappoint A. Mitra as Director            For       For        Management
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Approve Appointment and Remuneration of   For       For        Management
      B.S. Negi, Executive Director
7     Approve Appointment and Remuneration of   For       For        Management
      M.R. Hingnikar, Executive Director
8     Appoint R.K. Pachauri as Director         For       For        Management
9     Appoint A.K. Kundra as Director           For       For        Management
10    Appoint B.C. Bora as Director             For       For        Management


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GEO CO., LTD.

Ticker:                      Security ID:  J1710A106
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY                 Vote
      5,000, Final JY 2,500, Special JY 500
2     Amend Articles to: Expand Business Lines  For       Did Not    Management
      - Increase Authorized Capital from                  Vote
      500,000 shares to 1,000,000 Shares -
      Authorize Share Repurchases at Board's
      Discretion
3     Elect Director                            For       Did Not    Management
                                                          Vote
4.1   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
4.2   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
5     Approve Executive Stock Option Plan       For       Did Not    Management
                                                          Vote
6     Approve Special Bonus for Family of       For       Did Not    Management
      Deceased Directors and Approve Retirement           Vote
      Bonuses for Director and Statutory
      Auditor


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HINDUSTAN PETROLEUM

Ticker:                      Security ID:  Y3224R123
Meeting Date: SEP 24, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 18 Per Share     For       For        Management
3     Reappoint S. Vijayaraghavan as Director   For       For        Management
4     Reappoint B. Mohanty as Director          For       For        Management
5     Reappoint R.V. Shah as Director           For       For        Management
6     Reappoint N.K. Puri as Director           For       For        Management
7     Approve Batliboi & Purohit as Auditors    For       For        Management
      and Authorize Board to Fix Their
      Remuneration
8     Appoint M.S. Srinivasan as Director       For       For        Management
9     Appoint C. Ramulu as Director             For       For        Management
10    Amend Corporate Purpose                   For       For        Management


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HITACHI LTD.

Ticker:       HIT            Security ID:  J20454112
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


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

HON HAI PRECISION INDUSTRY

Ticker:       HNHXY          Security ID:  Y36861105
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Indirect Investment     None      None       Management
1.4   Receive Report on Overseas Convetible     None      None       Management
      Bonds
1.5   Receive Report on Mergers and Acquisition None      None       Management
1.6   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
2.3   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
2.4   Approve New Rights Issue to Sponsor       For       For        Management
      Depository Receipts Offering
2.5   Amend Articles of Association             For       For        Management
2.6   Elect Directors and Supervisors           For       For        Management
2.7   Approve Release of Restrictions of        For       For        Management
      Competitive Activities  of  Directors
3     Other Business                            None      None       Management


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

HON HAI PRECISION INDUSTRY

Ticker:       HNHXY          Security ID:  Y36861105
Meeting Date: DEC 24, 2003   Meeting Type: Special
Record Date:  NOV 24, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with Ambit       For       For        Management
      Microsystem Corp. Agreement
2     Issue Shares in Connection with Merger    For       For        Management
      with Ambit Microsystem Corp.
3     Amend Articles of Association Re: Changes For       For        Management
      in Articles to Reflect Merger


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

HONAM PETROCHEMICAL CORPORATION

Ticker:                      Security ID:  Y3280U101
Meeting Date: MAR 26, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 500 Per Share
2     Elect Directors                           For       Against    Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors
4     Approve Limit on Remuneration of Auditors For       For        Management


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

INI STEEL CO. (FRMRLY. INCHON IRON STEEL)

Ticker:                      Security ID:  Y3904R104
Meeting Date: MAY 28, 2004   Meeting Type: Special
Record Date:  APR 30, 2004

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


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

JOINT CORPORATION

Ticker:                      Security ID:  J28384105
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion -
      Abolish Retirement Bonus System
3     Approve Executive Stock Option Plan       For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


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

KASIKORNBANK PCL (FORMERLY THAI FARMERS BANK)

Ticker:                      Security ID:  Y4591R118
Meeting Date: APR 2, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       Did Not    Management
                                                          Vote
2     Accept Directors' Report                  For       Did Not    Management
                                                          Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Compensation of the Accumulated   For       Did Not    Management
      Losses of the Company                               Vote
5     Elect Directors                           For       Did Not    Management
                                                          Vote
6     Amend Articles of Association Re: Board   For       Did Not    Management
      of Directors                                        Vote
7     Approve Names and Number of Directors Who For       Did Not    Management
      Have Signing Authority                              Vote
8     Approve Auditors and Authorize Board to   For       Did Not    Management
      Fix Their Remuneration                              Vote
9     Amend Memorandum and Articles of          For       Did Not    Management
      Association                                         Vote
10    Approve Reduction in Registered Capital   For       Did Not    Management
      to Baht 24 Billion                                  Vote
11    Approve Increase in Registered Capital to For       Did Not    Management
      Baht 30.5 Billion                                   Vote
12    Other Business                            For       Did Not    Management
                                                          Vote


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

KAYABA INDUSTRY CO. LTD.

Ticker:                      Security ID:  J31803109
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

KEPPEL CORPORATION LTD

Ticker:                      Security ID:  V53838112
Meeting Date: APR 28, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Distribution to           For       For        Management
      Shareholders of SGD 0.18 in Cash for
      Every Share Held


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

KEPPEL CORPORATION LTD

Ticker:                      Security ID:  V53838112
Meeting Date: MAY 26, 2004   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Reduction of SGD 110      For       For        Management
      Million and a Maximum of Up to SGD 32.16
      Million Standing to the Credit of the
      Company's Special Reserve Account and
      Share Premium Account, Respectively,
      Which is to be Effected by a Cash
      Distribution to Shareholders


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

KEPPEL CORPORATION LTD

Ticker:                      Security ID:  V53838112
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.11 Per    For       For        Management
      Share
3     Reelect Choo Chiau Beng as Director       For       For        Management
4     Reelect Lim Hock San as Director          For       For        Management
5     Reelect Lee Soo Ann Tsao Yuan as Director For       For        Management
6     Reelect Leung Chun Ying as Director       For       For        Management
7     Approve Directors' Fees of SGD 492,000    For       For        Management
8     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
9     Authorize Share Repurchase Program        For       For        Management
10    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
11    Approve Mandate for Transactions with     For       For        Management
      Related Parties


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

KOMATSU LTD.

Ticker:                      Security ID:  J35759125
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 4, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors and
      Statutory Auditors
7     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


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

KONICA MINOLTA HOLDINGS INC. (FORMERLY KONICA CORP.)

Ticker:                      Security ID:  J36060119
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director                            For       For        Management
1.2   Elect Director                            For       For        Management
1.3   Elect Director                            For       For        Management
1.4   Elect Director                            For       For        Management
1.5   Elect Director                            For       For        Management
1.6   Elect Director                            For       For        Management
1.7   Elect Director                            For       For        Management
1.8   Elect Director                            For       For        Management
1.9   Elect Director                            For       For        Management
1.10  Elect Director                            For       For        Management
1.11  Elect Director                            For       For        Management
1.12  Elect Director                            For       For        Management
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion


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

KOOKMIN BANK

Ticker:       KKBKY          Security ID:  Y4822W100
Meeting Date: MAR 23, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Non-Consolidated Financial        For       For        Management
      Statements and Disposition of Deficit,
      with No Dividends
2     Amend Articles of Incorporation           For       For        Management
3     Elect Directors                           For       For        Management
4     Elect Members of Audit Committee          For       For        Management
5     Approve Stock Option Grants               For       For        Management


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

KT&G CORP. (FORMERLY KOREA TOBACCO & GINSENG)

Ticker:                      Security ID:  KR7033780008
Meeting Date: MAR 18, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1600 Per Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Electronic Distribution of Meeting
      Notices, Create Position of Lead
      Director, Allow Participation in Board
      Meetings by Teleconference
3     Appoint President (Kwak Young-Kyoon)      For       For        Management
4     Elect Two Executive Directors (Lee        For       For        Management
      Kwang-Youl and Min Young-Jin)
5     Elect One Outside Director (Cha Sun-Gak)  For       For        Management
6     Elect Five Members of Audit Committee     For       For        Management
7     Approve Limit on Remuneration of          For       For        Management
      Directors
8     Amend Terms of Severance Payments to      For       For        Management
      Executive Directors
9     Amend Terms of Severance Payments to      For       For        Management
      Managerial Officers


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

KYOCERA CORP.

Ticker:       KYO            Security ID:  J37479110
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor
5     Approve Executive Stock Option Plan       For       For        Management


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

LEND LEASE CORPORATION LTD.

Ticker:                      Security ID:  Q55368114
Meeting Date: NOV 12, 2003   Meeting Type: Annual
Record Date:  NOV 10, 2003

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


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

MARUI CO. LTD.

Ticker:                      Security ID:  J40089104
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

MATSUSHITA ELECTRIC INDUSTRIAL CO. LTD.

Ticker:       MCCM           Security ID:  J41121104
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

MILLEA HOLDINGS INC.

Ticker:                      Security ID:  J4276P103
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

MITSUBISHI CHEMICAL CORP.

Ticker:                      Security ID:  J4368U101
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

MITSUBISHI CORP.

Ticker:                      Security ID:  J43830116
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

MITSUBISHI ESTATE CO. LTD.

Ticker:                      Security ID:  J43916113
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

MITSUBISHI TOKYO FINANCIAL GROUP INC

Ticker:                      Security ID:  J44497105
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

MITSUI FUDOSAN CO. LTD.

Ticker:                      Security ID:  J4509L101
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

MIZUHO FINANCIAL GROUP INC.

Ticker:                      Security ID:  J4599L102
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends on Ordinary                 Vote
      Shares: Interim JY 0, Final JY 3000,
      Special JY 0
2     Approve Reduction in Legal Reserves       For       Did Not    Management
                                                          Vote
3     Authorize Repurchase of Preferred Shares  For       Did Not    Management
                                                          Vote
4     Amend Articles to: Decrease Authorized    For       Did Not    Management
      Preferred Share Capital to Reflect                  Vote
      Conversion of Preferred to Ordinary
      Shares
5.1   Elect Director                            For       Did Not    Management
                                                          Vote
5.2   Elect Director                            For       Did Not    Management
                                                          Vote
5.3   Elect Director                            For       Did Not    Management
                                                          Vote
6.1   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
6.2   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
7     Approve Retirement Bonuses for Directors  For       Did Not    Management
      and Statutory Auditors                              Vote
8     Amend Articles to Require Disclosure of   Against   Did Not    Shareholder
      Retirement Bonuses Paid to Each Retiring            Vote
      Director and Statutory Auditor
9     Amend Articles to Require Disclosure of   Against   Did Not    Shareholder
      Individual Compensation Levels of Each              Vote
      Director and Statutory Auditor


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

NEC CORP.

Ticker:       NIPNY          Security ID:  J48818124
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

NISSAN MOTOR CO. LTD.

Ticker:       NSANY          Security ID:  J57160129
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

NOMURA HOLDINGS INC.

Ticker:       NSLJ10         Security ID:  J59009159
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

NOMURA RESEARCH INSTITUTE

Ticker:                      Security ID:  J5900F106
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 40, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor
7     Approve Executive Stock Option Plan       For       For        Management


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

NSK LTD.

Ticker:                      Security ID:  J55505101
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

NTT DOCOMO INC.

Ticker:                      Security ID:  J59399105
Meeting Date: JUN 18, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

OPTIMAX TECHNOLOGY CORP

Ticker:                      Security ID:  Y64956108
Meeting Date: JUN 9, 2004    Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Amendment of        None      None       Management
      Employee Stock Option Plan
1.4   Receive Report on Issuance of Convertible None      None       Management
      Bonds
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
3.1   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
3.2   Amend Articles of Association             For       Against    Management
4     Elect Directors and Supervisors           For       For        Management
5     Other Business                            None      None       Management


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

ORICA LTD. (FORMERLY ICI AUSTRALIA)

Ticker:                      Security ID:  Q7160T109
Meeting Date: DEC 17, 2003   Meeting Type: Annual
Record Date:

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


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

PROMINA GROUP LTD

Ticker:                      Security ID:  Q7751M109
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect Leo Tutt as Director                For       For        Management
2b    Elect Allan Diplock as Director           For       For        Management


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

PT BANK MANDIRI (PERSERO) TBK

Ticker:                      Security ID:  Y7123S108
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income              For       For        Management
3     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
4     Approve Remuneration of Commissioners     For       For        Management
5     Elect Commissioners                       For       For        Management
6     Report on Structure of Audit Committee    For       For        Management


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

PT INDOSAT, INDONESIAN SATELLITE CORPORATION

Ticker:       IIT            Security ID:  Y7130D110
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAY 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors and Commissioners
2     Approve Allocation of Income              For       For        Management
3     Approve Remuneration of Commissioners     For       For        Management
4     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
5     Approve Second Phase Exercise Price of    For       Against    Management
      Options Pursuant to Employee Stock Option
      Program
6     Elect Directors and Commissioners         For       For        Management


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

PT INDOSAT, INDONESIAN SATELLITE CORPORATION

Ticker:       IIT            Security ID:  Y7130D102
Meeting Date: MAR 8, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 5-for-1 Stock Split               For       For        Management
2     Approve Remuneration of Directors         For       For        Management


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

PUBLIC BANK BERHAD

Ticker:                      Security ID:  Y71497112
Meeting Date: APR 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Consolidation and Division of For       For        Management
      the Entire Share Capital of Public Bank
      Bhd into Ordinary Shares of Par Value of
      MYR1.00 Each from the Existing Ordinary
      Shares of Par Value MYR0.50 Each
2     Approve Proposed Extension of the Public  For       Against    Management
      Bank Bhd Employees Share Option Scheme
3     Approve Proposed Amendments to the        For       Against    Management
      Bye-Laws of the Public Bank Bhd ESOS
4     Approve Grant of Options to Teh Hong      For       Against    Management
      Piow, Director
5     Approve Grant of Options to Thong Yaw     For       Against    Management
      Hong
6     Approve Grant of Options to Yeoh Chin Kee For       Against    Management
7     Approve Grant of Options to Tengku Abdul  For       Against    Management
      Rahman Ibni Sultan Haji Ahmad Shah
      Al-Mustain Billah
8     Approve Grant of Options to Haji Abdul    For       Against    Management
      Aziz Bin Omar
9     Approve Grant of Options to Haji Mohamed  For       Against    Management
      Ishak Bin Haji Mohamed Ariff
10    Approve Grant of Options to Lee Chin Guan For       Against    Management
11    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions as Stated in Section 1.1.1
      Part C of the Circular to Shareholders
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
1     Approve Proposed Amendments to the        For       Against    Management
      Memorandum of Association of Public Bank
      Bhd as Set Out in Section 1.2(a), Part A
      of the Circular to Shareholders Dated
      Mar. 29, 2004
2     Amend Article 2 of the Articles of        For       For        Management
      Association of Public Bank Bhd
3     Amend Article 3 of the Articles of        For       For        Management
      Association of Public Bank Bhd
4     Amend Article 8 of the Articles of        For       Against    Management
      Association of Public Bank Bhd


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

PUBLIC BANK BERHAD

Ticker:                      Security ID:  Y71497112
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Financial Year Ended Dec.
      31, 2003
2     Approve Final Dividend of 22 Percent Less For       For        Management
      28 Percent Income Tax for the Financial
      Year Ended Dec. 31, 2003
3     Elect Tay Ah Lek as Director              For       For        Management
4     Elect Haji Mohamed Ishak bin Haji Mohamed For       For        Management
      Ariff as Director
5     Elect Teh Hong Piow as Director           For       Against    Management
6     Elect Thong Yaw Hong as Director          For       For        Management
7     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR580,000 for the Financial
      Year Ended Dec. 31, 2003
8     Approve KPMG as Auditors and Authorize    For       For        Management
      Board to Fix Their Remuneration
9     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


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

SAMSUNG ELECTRONICS CO. LTD.

Ticker:       SSNHY          Security ID:  Y74718100
Meeting Date: FEB 27, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Appropriation of Income, with Total
      Dividend of KRW 5500 Per Share
2.1   Elect Two Outside Directors               For       For        Management
2.2   Appoint One Member of Audit Committee     For       For        Management
2.3   Elect One Executive Director              For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors


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

SEKISUI HOUSE LTD.

Ticker:                      Security ID:  J70746136
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  JAN 31, 2004

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


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

SIAM CEMENT CO. LTD.

Ticker:                      Security ID:  Y7866P147
Meeting Date: MAR 24, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

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


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

SONY CORP.

Ticker:       SNE            Security ID:  J76379106
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

SUN HUNG KAI PROPERTIES LTD.

Ticker:                      Security ID:  Y82594121
Meeting Date: NOV 18, 2003   Meeting Type: Annual
Record Date:  NOV 10, 2003

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


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

SWIRE PACIFIC

Ticker:                      Security ID:  Y83310105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:

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


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

TAISHIN FINANCIAL HOLDINGS CO LTD

Ticker:                      Security ID:  Y84086100
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Corporate Debt
2.1   Approve Change of Usage of Proceeds from  For       For        Management
      Domestic and Overseas Convertible Bond
      Issuance
2.2   Accept Financial Statements and Statutory For       For        Management
      Reports
2.3   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.20 per Share and Stock
      Dividend of 60 Shares per 1000 Shares
3.1   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
3.2   Amend Procedures Governing the            For       For        Management
      Acquisition or Disposal of Assets
3.3   Amend Articles of Association             For       For        Management
4     Other Business                            None      None       Management


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

TELECOM CORP. OF NEW ZEALAND

Ticker:       NZT            Security ID:  Q89499109
Meeting Date: OCT 9, 2003    Meeting Type: Annual
Record Date:  OCT 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Board to the Auditors'          For       For        Management
      Remuneration
2     Elect Roderick Deane as Director          For       For        Management
3     Elect Paul Baines as Director             For       For        Management
4     Approve Remuneration of Directors in the  For       For        Management
      Amount of NZD 1.5 Million Per Annum for
      the Directors of the Company and Its
      Subsidiaries
5     Elect Lindsay Pyne as Director            For       For        Management
6     Approve Issuance by the Board to Theresa  For       For        Management
      Gattung, Chief Executive Officer and
      Managing Director, During the Period to
      Sept. 30, 2006 of Up to 500,000 Ordinary
      Shares in the Company Under the
      Performance Incentive Scheme
7     Approve Issuance by the Board to Theresa  For       For        Management
      Gattung, Chief Executive and Managing
      Director, During the Period to Sept. 30,
      2006 of Up to 1.5  Million Options in the
      Company Under the Performance Option
      Scheme


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

TOKYO STEEL MFG. CO. LTD.

Ticker:                      Security ID:  J88204110
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Amend Articles to: Authorize Appointment  For       Against    Management
      of Alternate Statutory Auditors -
      Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Alternate Statutory Auditor       For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


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

TOYOTA MOTOR CORP.

Ticker:       TM             Security ID:  J92676113
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Against    Management
      the Following Dividends: Interim JY 20,
      Final JY 25, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
3.27  Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management
5     Authorize Share Repurchase Program        For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
      and Special Bonus for Family of Deceased
      Director
7     Approve Alternate Allocation of Income,   Against   For        Shareholder
      with a Final Dividend of JY 40 Per Share
8     Amend Articles of Incorporation to        Against   For        Shareholder
      Require Disclosure of Individual
      Compensation Levels of Directors and
      Statutory Auditors
9     Amend Articles of Incorporation to        Against   Against    Shareholder
      Prohibit Corporate Donations to Political
      Parties and Political Fundraising Groups


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

UFJ HOLDINGS INC.

Ticker:                      Security ID:  J9400N106
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Retained Earnings,  For       For        Management
      with No Dividends on Ordinary Shares
2     Amend Articles to: Decrease Authorized    For       For        Management
      Preferred Share Capital to Reflect
      Conversion of Preferred to Ordinary
      Shares - Authorize Share Repurchases at
      Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management


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

WMC RESOURCES LTD

Ticker:                      Security ID:  Q9737U106
Meeting Date: APR 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Elect P J Knight as Director              For       For        Management
1b    Elect I E Webber as Director              For       For        Management
1c    Elect G W McGregor as Director            For       For        Management
1d    Elect G J Pizzey as Director              For       For        Management


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

YAMADA DENKI CO.

Ticker:                      Security ID:  J95534103
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

YANZHOU COAL MINING COMPANY LIMITED

Ticker:                      Security ID:  Y97417102
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAY 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Supervisors' Report                For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Approve Remuneration of Directors and     For       For        Management
      Supervisors
6     Elect Wang Xin, Wang XinKun, and Wang     For       For        Management
      Quanxi as Directors
7     Approve Deloitte Touche Tohmatsu in Hong  For       For        Management
      Kong and Deloitte Touche Tohmatsu CPAs in
      PRC as International and Domestic
      Auditors Respectively and Authorize Board
      to Fix Their Remuneration
8     Amend Articles of Association             For       For        Management
9     Approve Issuance of New Shares            For       Against    Management
10    Other Business                            For       Against    Management




========================= BLACKROCK BALANCED PORTFOLIO =========================

ITEM 1 PROXY VOTING RECORD

ACE LTD.

Ticker:       ACE            Security ID:  G0070K103
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Brian Duperreault         For       For        Management
1.2   Elect  Director Robert M. Hernandez       For       For        Management
1.3   Elect  Director Peter Menikoff            For       For        Management
1.4   Elect  Director Robert Ripp               For       For        Management
1.5   Elect  Director Dermot F. Smurfit         For       For        Management
2     PROPOSAL TO APPROVE THE ACE LIMITED 2004  For       For        Management
      LONG-TERM INCENTIVE PLAN.
3     PROPOSAL TO RATIFY THE APPOINTMENT OF     For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS THE
      INDEPENDENT ACCOUNTANTS OF ACE LIMITED
      FOR THE FISCAL YEAR ENDING DECEMBER 31,
      2004.


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

ALCOA INC.

Ticker:       AA             Security ID:  013817101
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alain J.P. Belda          For       For        Management
1.2   Elect  Director Carlos Ghosn              For       For        Management
1.3   Elect  Director Henry B. Schacht          For       For        Management
1.4   Elect  Director Franklin A. Thomas        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Report on Pay Disparity                   Against   Against    Shareholder
4     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


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

ALLSTATE CORP., THE

Ticker:       ALL            Security ID:  020002101
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     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     Amend Executive Incentive Bonus Plan      For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Provide for Cumulative Voting             Against   Against    Shareholder


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

ALTRIA GROUP, INC.

Ticker:       MO             Security ID:  02209S103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Elizabeth E. Bailey       For       For        Management
1.2   Elect  Director Mathis Cabiallavetta      For       For        Management
1.3   Elect  Director Louis C. Camilleri        For       For        Management
1.4   Elect  Director J. Dudley Fishburn        For       For        Management
1.5   Elect  Director Robert E. R. Huntley      For       For        Management
1.6   Elect  Director Thomas W. Jones           For       For        Management
1.7   Elect  Director Lucio A. Noto             For       For        Management
1.8   Elect  Director John S. Reed              For       For        Management
1.9   Elect  Director Carlos Slim Helu          For       For        Management
1.10  Elect  Director Stephen M. Wolf           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Product Warnings for Pregnant   Against   Against    Shareholder
      Women
4     Report on Health Risks Associated with    Against   Against    Shareholder
      Cigarette Filters
5     Political Contributions/Activities        Against   Against    Shareholder
6     Cease Use of Light and Ultra Light in     Against   Against    Shareholder
      Cigarette Marketing
7     Place Canadian Style Warnings on          Against   Against    Shareholder
      Cigarette Packaging
8     Separate Chairman and CEO Positions       Against   For        Shareholder


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

AMERICAN INTERNATIONAL GROUP, INC.

Ticker:       AIG            Security ID:  026874107
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director M. Bernard Aidinoff       For       For        Management
1.2   Elect  Director Pei-Yuan Chia             For       For        Management
1.3   Elect  Director Marshall A. Cohen         For       For        Management
1.4   Elect  Director Willaim S. Cohen          For       For        Management
1.5   Elect  Director Martin S. Feldstein       For       For        Management
1.6   Elect  Director Ellen V. Futter           For       For        Management
1.7   Elect  Director Maurice R. Greenberg      For       For        Management
1.8   Elect  Director Carla A. Hills            For       For        Management
1.9   Elect  Director Frank J. Hoenemeyer       For       For        Management
1.10  Elect  Director Richard C. Holbrooke      For       For        Management
1.11  Elect  Director Donald P. Kanak           For       For        Management
1.12  Elect  Director Howard I. Smith           For       For        Management
1.13  Elect  Director Martin J. Sullivan        For       For        Management
1.14  Elect  Director Edmund S.W. Tse           For       For        Management
1.15  Elect  Director Frank G. Zarb             For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Divest from Tobacco Equities              Against   Against    Shareholder
7     Link Executive Compensation to Predatory  Against   Against    Shareholder
      Lending


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

AMGEN, INC.

Ticker:       AMGN           Security ID:  031162100
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank J. Biondi, Jr.      For       For        Management
1.2   Elect  Director Jerry D. Choate           For       For        Management
1.3   Elect  Director Frank C. Herringer        For       For        Management
1.4   Elect  Director Gilbert S. Omenn          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prepare Glass Ceiling Report              Against   Against    Shareholder
4     Expense Stock Options                     Against   For        Shareholder


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

ANTHEM INC.

Ticker:       ATH            Security ID:  03674B104
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Victor S. Liss            For       For        Management
1.2   Elect  Director James W. McDowell, Jr.    For       For        Management
1.3   Elect  Director George A. Schaefer, Jr.   For       For        Management
1.4   Elect  Director Jackie M. Ward            For       For        Management


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

ANTHEM INC.

Ticker:       ATH            Security ID:  03674B104
Meeting Date: JUN 28, 2004   Meeting Type: Special
Record Date:  MAY 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Change Company Name                       For       For        Management


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

ARROW ELECTRONICS, INC.

Ticker:       ARW            Security ID:  042735100
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel W. Duval           For       For        Management
1.2   Elect  Director John N. Hanson            For       For        Management
1.3   Elect  Director Roger King                For       For        Management
1.4   Elect  Director Karen Gordon Mills        For       For        Management
1.5   Elect  Director William E. Mitchell       For       For        Management
1.6   Elect  Director Stephen C. Patrick        For       For        Management
1.7   Elect  Director Barry W. Perry            For       For        Management
1.8   Elect  Director Richard S. Rosenbloom     For       For        Management
1.9   Elect  Director John C. Waddell           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


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

BANK OF AMERICA CORP.

Ticker:       BAC            Security ID:  060505104
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 7, 2004

#     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 Donald E. Guinn           For       For        Management
1.8   Elect  Director James H. Hance, Jr.       For       For        Management
1.9   Elect  Director Kenneth D. Lewis          For       For        Management
1.10  Elect  Director Walter E. Massey          For       For        Management
1.11  Elect  Director Thomas J. May             For       For        Management
1.12  Elect  Director C. Steven McMillan        For       For        Management
1.13  Elect  Director Eugene M. McQuade         For       For        Management
1.14  Elect  Director Patricia E. Mitchell      For       For        Management
1.15  Elect  Director Edward L. Romero          For       For        Management
1.16  Elect  Director Thomas M. Ryan            For       For        Management
1.17  Elect  Director O. Temple Sloan, Jr.      For       For        Management
1.18  Elect  Director Meredith R. Spangler      For       For        Management
1.19  Elect  Director Jackie M. Ward            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Change Date of Annual Meeting             Against   Against    Shareholder
4     Adopt Nomination Procedures for the Board Against   Against    Shareholder
5     Charitable Contributions                  Against   Against    Shareholder
6     Establish Independent Committee to Review Against   Against    Shareholder
      Mutual Fund Policy
7     Adopt Standards Regarding Privacy and     Against   Against    Shareholder
      Information Security


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

BANK ONE CORP.

Ticker:       ONE            Security ID:  06423A103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director John H. Bryan             For       For        Management
2.2   Elect  Director Stephen B. Burke          For       For        Management
2.3   Elect  Director James S. Crown            For       For        Management
2.4   Elect  Director James Dimon               For       For        Management
2.5   Elect  Director Maureen A. Fay            For       For        Management
2.6   Elect  Director Laban P. Jackson, Jr.     For       For        Management
2.7   Elect  Director John W. Kessler           For       For        Management
2.8   Elect  Director Robert I. Lipp            For       For        Management
2.9   Elect  Director Richard A. Manoogian      For       For        Management
2.10  Elect  Director David C. Novak            For       For        Management
2.11  Elect  Director John W. Rogers, Jr.       For       For        Management
2.12  Elect  Director Frederick P. Stratton,    For       For        Management
      Jr.
3     Ratify Auditors                           For       For        Management


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

BEAR STEARNS COMPANIES INC., THE

Ticker:       BSC            Security ID:  073902108
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James E. Cayne            For       For        Management
1.2   Elect  Director Carl D. Glickman          For       For        Management
1.3   Elect  Director Alan C. Greenberg         For       For        Management
1.4   Elect  Director Donald J. Harrington      For       For        Management
1.5   Elect  Director William L. Mack           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
2     Amend the Capital Accumulation Plan for   For       Against    Management
      Senior Managing Directors
3     Amend Stock Option Plan                   For       Against    Management
4     Approve Restricted Stock Plan             For       Against    Management
5     Ratify Auditors                           For       For        Management


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

BECKMAN COULTER, INC.

Ticker:       BEC            Security ID:  075811109
Meeting Date: APR 1, 2004    Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald W. Dollens         For       For        Management
1.2   Elect  Director Charles A. Haggerty       For       For        Management
1.3   Elect  Director William N. Kelley, M.D.   For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

BECTON, DICKINSON AND COMPANY

Ticker:       BDX            Security ID:  075887109
Meeting Date: FEB 11, 2004   Meeting Type: Annual
Record Date:  DEC 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Henry P. Becton, Jr.       For       For        Management
1.2   Elect Director Edward F. DeGraan          For       For        Management
1.3   Elect Director James F. Orr               For       For        Management
1.4   Elect Director Margaretha af Ugglas       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Provide for Cumulative Voting             Against   Against    Shareholder


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

BELLSOUTH CORP.

Ticker:       BLS            Security ID:  079860102
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James H. Blanchard        For       For        Management
1.2   Elect  Director Armando M. Codina         For       For        Management
1.3   Elect  Director Leo F. Mullin             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Limit Executive Compensation              Against   Against    Shareholder
6     Limit Executive Compensation              Against   Against    Shareholder
7     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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

BORDERS GROUP, INC.

Ticker:       BGP            Security ID:  099709107
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joel J. Cohen             For       For        Management
1.2   Elect  Director Robert F. Diromualdo      For       For        Management
1.3   Elect  Director Gregory P. Josefowicz     For       For        Management
1.4   Elect  Director Amy B. Lane               For       For        Management
1.5   Elect  Director Victor L. Lund            For       For        Management
1.6   Elect  Director Dr. Edna Greene Medford   For       For        Management
1.7   Elect  Director George R. Mrkonic         For       For        Management
1.8   Elect  Director Lawrence I. Pollock       For       For        Management
1.9   Elect  Director Beth M. Pritchard         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

BOSTON SCIENTIFIC CORP.

Ticker:       BSX            Security ID:  101137107
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ursula M. Burns           For       For        Management
1.2   Elect  Director Marye Anne Fox            For       For        Management
1.3   Elect  Director N.J. Nicholas, Jr.        For       For        Management
1.4   Elect  Director John E. Pepper            For       For        Management
2     Ratify Auditors                           For       For        Management


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

BRUNSWICK CORP.

Ticker:       BC             Security ID:  117043109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nolan D. Archibald        For       For        Management
1.2   Elect  Director Jeffrey L. Bleustein      For       For        Management
1.3   Elect  Director Graham H. Phillips        For       For        Management
2     Ratify Auditors                           For       For        Management


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

BURLINGTON NORTHERN SANTA FE CORP.

Ticker:       BNI            Security ID:  12189T104
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan L. Boeckmann         For       For        Management
1.2   Elect  Director Vilma S. Martinez         For       For        Management
1.3   Elect  Director Marc F. Racicot           For       For        Management
1.4   Elect  Director Roy S. Roberts            For       For        Management
1.5   Elect  Director Matthew K. Rose           For       For        Management
1.6   Elect  Director Marc J. Shapiro           For       For        Management
1.7   Elect  Director J.C. Watts, Jr.           For       For        Management
1.8   Elect  Director Robert H. West            For       For        Management
1.9   Elect  Director J. Steven Whisler         For       For        Management
1.10  Elect  Director Edward E. Whitacre, Jr.   For       For        Management
1.11  Elect  Director Michael B. Yanney         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

CENDANT CORPORATION

Ticker:       CD             Security ID:  151313103
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director The Right Honourable      For       For        Management
      Brian Mulroney
1.2   Elect  Director Ronald L. Nelson          For       For        Management
1.3   Elect  Director Robert W. Pittman         For       For        Management
1.4   Elect  Director Myra J. Biblowit          For       For        Management
1.5   Elect  Director Sheli Z. Rosenberg        For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Separate Chairman and CEO Positions       Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder


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

CENTEX CORP.

Ticker:       CTX            Security ID:  152312104
Meeting Date: FEB 25, 2004   Meeting Type: Special
Record Date:  JAN 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management
2     Approve Merger Agreement                  For       For        Management
3     Approve Merger Agreement                  For       For        Management


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

CENTEX CORP.

Ticker:       CTX            Security ID:  152312104
Meeting Date: JUL 17, 2003   Meeting Type: Annual
Record Date:  MAY 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dan W. Cook III            For       For        Management
1.2   Elect Director Thomas J. Falk             For       For        Management
1.3   Elect Director Laurence E. Hirsch         For       For        Management
1.4   Elect Director Thomas M. Schoewe          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


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

CHEVRONTEXACO CORP.

Ticker:       CVX            Security ID:  166764100
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     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 J. Bennett Johnston       For       For        Management
1.8   Elect  Director Sam Nunn                  For       For        Management
1.9   Elect  Director David J. O'Reilly         For       For        Management
1.10  Elect  Director Peter J. Robertson        For       For        Management
1.11  Elect  Director Charles R. Shoemate       For       For        Management
1.12  Elect  Director Carl Ware                 For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt Shareholder Rights Plan (Poison     For       For        Management
      Pill) Policy
4     Amend Omnibus Stock Plan                  For       For        Management
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Require Affirmative Vote of a Majority of Against   Against    Shareholder
      the Shares to Elect Directors
8     Report on Health and Environmental        Against   Against    Shareholder
      Initiatives in Ecuador
9     Report on Renewable Energy                Against   Against    Shareholder


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

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R102
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Carol A. Bartz             For       For        Management
1.2   Elect Director Larry R. Carter            For       For        Management
1.3   Elect Director John T. Chambers           For       For        Management
1.4   Elect Director Dr. James F. Gibbons       For       For        Management
1.5   Elect Director Dr. John L. Hennessy       For       For        Management
1.6   Elect Director Roderick C. McGeary        For       For        Management
1.7   Elect Director James C. Morgan            For       For        Management
1.8   Elect Director John P. Morgridge          For       For        Management
1.9   Elect Director Donald T. Valentine        For       For        Management
1.10  Elect Director Steven M. West             For       For        Management
1.11  Elect Director Jerry Yang                 For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Company Products Used by the    Against   Against    Shareholder
      Government to Monitor the Internet
5     Report on Pay Disparity                   Against   Against    Shareholder


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

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Michael Armstrong      For       For        Management
1.2   Elect  Director Alain J.P. Belda          For       For        Management
1.3   Elect  Director George David              For       For        Management
1.4   Elect  Director Kenneth T. Derr           For       For        Management
1.5   Elect  Director John M. Deutch            For       For        Management
1.6   Elect  Director Roberto Hernandez Ramirez For       For        Management
1.7   Elect  Director Ann Dibble Jordan         For       For        Management
1.8   Elect  Director Dudley C. Mecum           For       For        Management
1.9   Elect  Director Richard D. Parsons        For       For        Management
1.10  Elect  Director Andrall E. Pearson        For       For        Management
1.11  Elect  Director Charles Prince            For       For        Management
1.12  Elect  Director Robert E. Rubin           For       For        Management
1.13  Elect  Director Franklin A. Thomas        For       For        Management
1.14  Elect  Director Sanford I. Weill          For       For        Management
1.15  Elect  Director Robert B. Willumstad      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Separate Chairman and CEO Positions       Against   Against    Shareholder


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

CNF INC.

Ticker:       CNF            Security ID:  12612W104
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Keith Kennedy, Jr.     For       For        Management
1.2   Elect  Director John C. Pope              For       For        Management
1.3   Elect  Director Gregory L. Quesnel        For       For        Management
1.4   Elect  Director Peter W. Stott            For       For        Management
2     Ratify Auditors                           For       For        Management


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

COCA-COLA COMPANY, THE

Ticker:       KO             Security ID:  191216100
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     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
1.5   Elect  Director Douglas N. Daft           For       For        Management
1.6   Elect  Director Barry Diller              For       For        Management
1.7   Elect  Director Donald R. Keough          For       For        Management
1.8   Elect  Director Susan Bennett King        For       For        Management
1.9   Elect  Director Maria Elena Lagomasino    For       For        Management
1.10  Elect  Director Donald F. Mchenry         For       For        Management
1.11  Elect  Director Robert L. Nardelli        For       For        Management
1.12  Elect  Director Sam Nunn                  For       For        Management
1.13  Elect  Director J. Pedro Reinhard         For       For        Management
1.14  Elect  Director James D. Robinson III     For       For        Management
1.15  Elect  Director Peter V. Ueberroth        For       For        Management
1.16  Elect  Director James B. Williams         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Operational Impact of HIV/AIDS  For       For        Shareholder
      Pandemic
4     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Submit Executive Compensation to Vote     Against   For        Shareholder
7     Submit Executive Compensation to Vote     Against   Against    Shareholder
8     Implement China Principles                Against   Against    Shareholder
9     Separate Chairman and CEO Positions       Against   For        Shareholder


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

COCA-COLA ENTERPRISES INC.

Ticker:       CCE            Security ID:  191219104
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John R. Alm               For       For        Management
1.2   Elect  Director J. Trevor Eyton           For       For        Management
1.3   Elect  Director Gary P. Fayard            For       For        Management
1.4   Elect  Director L. Phillip Humann         For       For        Management
1.5   Elect  Director Paula G. Rosput           For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Deferred Compensation Plan          For       For        Management
5     Approve Employee Stock Purchase Plan      For       For        Management
6     Approve Employee Stock Purchase Plan      For       For        Management
7     Ratify Auditors                           For       For        Management
8     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
9     Report on Recycling Policy                Against   Against    Shareholder


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

COMCAST CORP.

Ticker:       CMCSA          Security ID:  20030N101
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director S. Decker Anstrom         For       For        Management
1.2   Elect  Director C. Michael Armstrong      For       For        Management
1.3   Elect  Director Kenneth J. Bacon          For       For        Management
1.4   Elect  Director Sheldon M. Bonovitz       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 J. Michael Cook           For       For        Management
1.8   Elect  Director Brian L. Roberts          For       For        Management
1.9   Elect  Director Ralph J. Roberts          For       For        Management
1.10  Elect  Director Dr. Judith Rodin          For       For        Management
1.11  Elect  Director Michael I. Sovern         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Restricted Stock Plan               For       For        Management
4     Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
5     Require Two-Thirds Majority of            Against   For        Shareholder
      Independent Directors on Board
6     Political Contributions/Activities        Against   Against    Shareholder
7     Nominate Two Directors for every open     Against   Against    Shareholder
      Directorships
8     Limit Executive Compensation              Against   Against    Shareholder
9     Adopt a Recapitalization Plan             Against   For        Shareholder


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

COMPUTER SCIENCES CORPORATION

Ticker:       CSC            Security ID:  205363104
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Irving W. Bailey, II       For       For        Management
1.2   Elect Director Stephen L. Baum            For       For        Management
1.3   Elect Director Rodney F. Chase            For       For        Management
1.4   Elect Director Van B. Honeycutt           For       For        Management
1.5   Elect Director William R. Hoover          For       For        Management
1.6   Elect Director Leon J. Level              For       For        Management
1.7   Elect Director Thomas A. McDonnell        For       For        Management
1.8   Elect Director F. Warren McFarlan         For       For        Management
1.9   Elect Director James R. Mellor            For       For        Management
1.10  Elect Director William P. Rutledge        For       For        Management


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

CONOCOPHILLIPS

Ticker:       COP            Security ID:  20825C104
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Boren            For       For        Management
1.2   Elect  Director James E. Copeland, Jr.    For       For        Management
1.3   Elect  Director Kenneth M. Duberstein     For       For        Management
1.4   Elect  Director Ruth R. Harkin            For       For        Management
1.5   Elect  Director William R. Rhodes         For       For        Management
1.6   Elect  Director J. Stapleton Roy          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder
6     Report on Drilling in the Arctic National Against   Against    Shareholder
      Wildlife Refuge


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

CONSTELLATION BRANDS, INC.

Ticker:       STZ.B          Security ID:  21036P108
Meeting Date: JUL 15, 2003   Meeting Type: Annual
Record Date:  MAY 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas C. McDermott as     For       For        Management
      Class A Stock Director
1.2   Elect Director Paul L. Smith as Class A   For       For        Management
      Stock Director
1.3   Elect Director George Bresler as Class B  For       For        Management
      Stock Director
1.4   Elect Director Jeananne K. Hauswald as    For       For        Management
      Class B Stock Director
1.5   Elect Director James A. Locke III as      For       For        Management
      Class B Stock Director
1.6   Elect Director Richard Sands, Ph.D. as    For       For        Management
      Class B Stock Director
1.7   Elect Director Robert Sands as Class B    For       For        Management
      Stock Director
2     Ratify Auditors                           For       For        Management


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

COUNTRYWIDE FINANCIAL CORP.

Ticker:       CFC            Security ID:  222372104
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Henry G. Cisneros         For       For        Management
1.2   Elect  Director Robert J. Donato          For       For        Management
1.3   Elect  Director Michael E. Dougherty      For       For        Management
1.4   Elect  Director Martin R. Melone          For       For        Management
1.5   Elect  Director Harley W. Snyder          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


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

COUNTRYWIDE FINANCIAL CORP.

Ticker:       CFC            Security ID:  222372104
Meeting Date: JAN 9, 2004    Meeting Type: Special
Record Date:  NOV 28, 2003

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


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

DEERE & CO.

Ticker:       DE             Security ID:  244199105
Meeting Date: FEB 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert W. Lane            For       For        Management
1.2   Elect  Director Antonio Madero B.         For       For        Management
1.3   Elect  Director Aulana L. Peters          For       For        Management
1.4   Elect  Director John R. Walter            For       For        Management


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

DELL INC.

Ticker:       DELL           Security ID:  247025109
Meeting Date: JUL 18, 2003   Meeting Type: Annual
Record Date:  MAY 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael A. Miles           For       For        Management
1.2   Elect Director Alex J. Mandl              For       For        Management
1.3   Elect Director Morton L. Topfer           For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Change Company Name                       For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management


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

EATON CORP.

Ticker:       ETN            Security ID:  278058102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Critelli       For       For        Management
1.2   Elect  Director Ernie Green               For       For        Management
1.3   Elect  Director Kiran M. Patel            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

ENERGIZER HOLDINGS, INC.

Ticker:       ENR            Security ID:  29266R108
Meeting Date: JAN 26, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John R. Roberts            For       For        Management
1.2   Elect Director John E. Klein              For       For        Management
1.3   Elect Director R. David Hoover            For       For        Management
1.4   Elect Director W. Patrick McGinnis        For       For        Management


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

ENGELHARD CORP.

Ticker:       EC             Security ID:  292845104
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Burner           For       For        Management
1.2   Elect  Director James V. Napier           For       For        Management


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

EXELON CORP.

Ticker:       EXC            Security ID:  30161N101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nicholas DeBenedictis     For       For        Management
1.2   Elect  Director G. Fred Dibona, Jr.       For       For        Management
1.3   Elect  Director Sue L. Gin                For       For        Management
1.4   Elect  Director Edgar D. Jannotta         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


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

EXXON MOBIL CORP.

Ticker:       XOM            Security ID:  30231G102
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Boskin         For       For        Management
1.2   Elect  Director James R. Houghton         For       For        Management
1.3   Elect  Director William R. Howell         For       For        Management
1.4   Elect  Director Reatha Clark King         For       For        Management
1.5   Elect  Director Philip E. Lippincott      For       For        Management
1.6   Elect  Director Harry J. Longwell         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     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
4     Affirm Political Nonpartisanship          Against   Against    Shareholder
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Report on Equatorial Guinea               Against   Against    Shareholder
7     Separate Chairman and CEO Positions       Against   For        Shareholder
8     Prohibit Awards to Executives             Against   Against    Shareholder
9     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
10    Amend EEO Statement to Include Reference  Against   Against    Shareholder
      to Sexual Orientation
11    Report on Climate Change Research         Against   Against    Shareholder


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

FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC.

Ticker:       FCS            Security ID:  303726103
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kirk P. Pond              For       For        Management
1.2   Elect  Director Joseph R. Martin          For       For        Management
1.3   Elect  Director Charles P. Carinalli      For       For        Management
1.4   Elect  Director Richard M. Cashin, Jr.    For       For        Management
1.5   Elect  Director Charles M. Clough         For       For        Management
1.6   Elect  Director Robert F. Friel           For       For        Management
1.7   Elect  Director Thomas L. Magnanti        For       For        Management
1.8   Elect  Director Bryan R. Roub             For       For        Management
1.9   Elect  Director Paul C. Schorr IV         For       For        Management
1.10  Elect  Director Ronald W. Shelly          For       For        Management
1.11  Elect  Director William N. Stout          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

FEDERATED DEPARTMENT STORES, INC.

Ticker:       FD             Security ID:  31410H101
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sara Levinson             For       For        Management
1.2   Elect  Director Joseph Neubauer           For       For        Management
1.3   Elect  Director Joseph A. Pichler         For       For        Management
1.4   Elect  Director Karl M. von der Heyden    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


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

FEDEX CORPORATION

Ticker:       FDX            Security ID:  31428X106
Meeting Date: SEP 29, 2003   Meeting Type: Annual
Record Date:  AUG 4, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director August A. Busch IV         For       For        Management
1.2   Elect Director John A. Edwardson          For       For        Management
1.3   Elect Director George J. Mitchell         For       For        Management
1.4   Elect Director Joshua I. Smith            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


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

FIRST HORIZON NATIONAL CORP

Ticker:       FHN            Security ID:  337162101
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert C. Blattberg       For       For        Management
1.2   Elect  Director J. Kenneth Glass          For       For        Management
1.3   Elect  Director Michael D. Rose           For       For        Management
1.4   Elect  Director Luke Yancy III            For       For        Management
1.5   Elect  Director Mary F. Sammons           For       For        Management
2     Change Company Name                       For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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

FORTUNE BRANDS, INC.

Ticker:       FO             Security ID:  349631101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anne M. Tatlock           For       For        Management
1.2   Elect  Director Norman H. Wesley          For       For        Management
1.3   Elect  Director Peter M. Wilson           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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

FOX ENTERTAINMENT GROUP, INC.

Ticker:       FOX            Security ID:  35138T107
Meeting Date: NOV 25, 2003   Meeting Type: Annual
Record Date:  SEP 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director K. Rupert Murdoch, AC      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 Thomas W. Jones            For       For        Management
1.8   Elect Director Peter Powers               For       For        Management
2     Ratify Auditors                           For       For        Management


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

FREDDIE MAC

Ticker:       FRE            Security ID:  313400301
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joan E. Donoghue          For       For        Management
1.2   Elect  Director Michelle Engler           For       For        Management
1.3   Elect  Director Richard Karl Goeltz       For       For        Management
1.4   Elect  Director George D. Gould           For       For        Management
1.5   Elect  Director Henry Kaufman             For       For        Management
1.6   Elect  Director John B. Mccoy             For       For        Management
1.7   Elect  Director Shaun F. O'Malley         For       For        Management
1.8   Elect  Director Ronald F. Poe             For       For        Management
1.9   Elect  Director Stephen A. Ross           For       For        Management
1.10  Elect  Director Donald J. Schuenke        For       For        Management
1.11  Elect  Director Christina Seix            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


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

GENERAL ELECTRIC CO.

Ticker:       GE             Security ID:  369604103
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James I. Cash, Jr.        For       For        Management
1.2   Elect  Director Dennis D. Dammerman       For       For        Management
1.3   Elect  Director Ann M. Fudge              For       For        Management
1.4   Elect  Director Claudio X. Gonzalez       For       For        Management
1.5   Elect  Director Jeffrey R. Immelt         For       For        Management
1.6   Elect  Director Andrea Jung               For       For        Management
1.7   Elect  Director Alan G. Lafley            For       For        Management
1.8   Elect  Director Kenneth G. Langone        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     Amend Omnibus Stock Plan                  For       For        Management
4     Provide for Cumulative Voting             Against   Against    Shareholder
5     Eliminate Animal Testing                  Against   Against    Shareholder
6     Report on Nuclear Fuel Storage Risks      Against   Against    Shareholder
7     Report on PCB Clean-up                    Against   Against    Shareholder
8     Report on Foreign Outsourcing             Against   Against    Shareholder
9     Prepare Sustainability Report             Against   Against    Shareholder
10    Limit Composition of Management           Against   For        Shareholder
      Development and Compensation Committee to
      Independent Directors
11    Report on Pay Disparity                   Against   Against    Shareholder
12    Limit Awards to Executives                Against   Against    Shareholder
13    Limit Board Service for Other Companies   Against   For        Shareholder
14    Separate Chairman and CEO Positions       Against   For        Shareholder
15    Hire Advisor/Maximize Shareholder Value   Against   Against    Shareholder
16    Adopt a Retention Ratio for Executives    Against   Against    Shareholder
      and Directors
17    Require 70% to 80% Independent Board      Against   Against    Shareholder
18    Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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

GENERAL MOTORS CORP.

Ticker:       GM             Security ID:  370442105
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Percy N. Barnevik         For       For        Management
1.2   Elect  Director John H. Bryan             For       For        Management
1.3   Elect  Director Armando M. Codina         For       For        Management
1.4   Elect  Director George M.C. Fisher        For       For        Management
1.5   Elect  Director Karen Katen               For       For        Management
1.6   Elect  Director Kent Kresa                For       For        Management
1.7   Elect  Director Alan G. Lafley            For       For        Management
1.8   Elect  Director Philip A. Laskawy         For       For        Management
1.9   Elect  Director E.Stanley O'Neal          For       For        Management
1.10  Elect  Director Eckhard Pfeiffer          For       For        Management
1.11  Elect  Director G.Richard Wagoner, Jr.    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prohibit Awards to Executives             Against   Against    Shareholder
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Limit Composition of Committees to        Against   For        Shareholder
      Independent Directors
7     Report on Greenhouse Gas Emissions        Against   Against    Shareholder
8     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
9     Establish Executive and Director Stock    Against   Against    Shareholder
      Ownership Guidelines


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

GENERAL MOTORS CORP.

Ticker:       GM             Security ID:  370442105
Meeting Date: OCT 3, 2003    Meeting Type: Written Consent
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles                            For       For        Management
2     Amend Articles                            For       For        Management
3     Approve Hughes Split-Off                  For       For        Management
4     Approve GM/News Stock Sale                For       For        Management
5     Approve News Stock Acquisition            For       For        Management
6     Amend Articles                            For       For        Management


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

GOLDMAN SACHS GROUP, INC., THE

Ticker:       GS             Security ID:  38141G104
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lloyd C. Blankfein        For       For        Management
1.2   Elect  Director Lord Browne Of Madingley  For       For        Management
1.3   Elect  Director Claes Dahlback            For       For        Management
1.4   Elect  Director James A. Johnson          For       For        Management
1.5   Elect  Director Lois D. Juliber           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder


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

GREENPOINT FINANCIAL CORP.

Ticker:       GPT            Security ID:  395384100
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bharat B. Bhatt           For       For        Management
1.2   Elect  Director J. Thomas Presby          For       For        Management
1.3   Elect  Director Robert F. Vizza           For       For        Management
2     Ratify Auditors                           For       For        Management


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

HOME DEPOT, INC. (THE)

Ticker:       HD             Security ID:  437076102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     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 Kenneth G. Langone        For       For        Management
1.9   Elect  Director Robert L. Nardelli        For       For        Management
1.10  Elect  Director Roger S. Penske           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Establish Term Limits for Directors       Against   Against    Shareholder
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Performance- Based/Indexed Options        Against   For        Shareholder
6     Adopt ILO Based Code of Conduct           Against   Against    Shareholder
7     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
8     Require Affirmative Vote of the Majority  Against   Against    Shareholder
      of the Shares to Elect Directors


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

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     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 Andrew S. Grove           For       For        Management
1.5   Elect  Director D. James Guzy             For       For        Management
1.6   Elect  Director Reed E. Hundt             For       For        Management
1.7   Elect  Director Paul S. Otellini          For       For        Management
1.8   Elect  Director David S. Pottruck         For       For        Management
1.9   Elect  Director Jane E. Shaw              For       For        Management
1.10  Elect  Director John L. Thornton          For       For        Management
1.11  Elect  Director David B. Yoffie           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder
5     Limit/Prohibit Awards to Executives       Against   For        Shareholder
6     Performance- Based/Indexed Options        Against   For        Shareholder


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

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Carlos Ghosn              For       For        Management
1.4   Elect  Director Nannerl O. Keohane        For       For        Management
1.5   Elect  Director Charles F. Knight         For       For        Management
1.6   Elect  Director Lucio A. Noto             For       For        Management
1.7   Elect  Director Samuel J. Palmisano       For       For        Management
1.8   Elect  Director John B. Slaughter         For       For        Management
1.9   Elect  Director Joan E. Spero             For       For        Management
1.10  Elect  Director Sidney Taurel             For       For        Management
1.11  Elect  Director Charles M. Vest           For       For        Management
1.12  Elect  Director Lorenzo H. Zambrano       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Ratify Auditors for the Company's         For       For        Management
      Business Consulting Services Unit
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Provide for Cumulative Voting             Against   Against    Shareholder
6     Amend Pension and Retirement Medical      Against   Against    Shareholder
      Insurance Plans
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Expense Stock Options                     Against   For        Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    China Principles                          Against   Against    Shareholder
11    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
12    Report on Executive Compensation          Against   Against    Shareholder


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

JABIL CIRCUIT, INC.

Ticker:       JBL            Security ID:  466313103
Meeting Date: JAN 13, 2004   Meeting Type: Annual
Record Date:  NOV 14, 2003

#     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     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

JOHN HANCOCK FINANCIAL SERVICES, INC.

Ticker:       JHF            Security ID:  41014S106
Meeting Date: FEB 24, 2004   Meeting Type: Special
Record Date:  JAN 2, 2004

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


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

JOHNSON & JOHNSON

Ticker:       JNJ            Security ID:  478160104
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gerard N. Burrow          For       For        Management
1.2   Elect  Director Mary S. Coleman           For       For        Management
1.3   Elect  Director James G. Cullen           For       For        Management
1.4   Elect  Director Robert J. Darretta        For       For        Management
1.5   Elect  Director M. Judah Folkman          For       For        Management
1.6   Elect  Director Ann D. Jordan             For       For        Management
1.7   Elect  Director Arnold G. Langbo          For       For        Management
1.8   Elect  Director Susan L. Lindquist        For       For        Management
1.9   Elect  Director Leo F. Mullin             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 Henry B. Schacht          For       For        Management
1.13  Elect  Director William C. Weldon         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Cease Charitable Contributions            Against   Against    Shareholder


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

JPMORGAN CHASE & CO.

Ticker:       JPM            Security ID:  46625H100
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director Hans W. Becherer          For       For        Management
2.2   Elect  Director Frank A. Bennack, Jr.     For       For        Management
2.3   Elect  Director John H. Biggs             For       For        Management
2.4   Elect  Director Lawrence A. Bossidy       For       For        Management
2.5   Elect  Director Ellen V. Futter           For       For        Management
2.6   Elect  Director William H. Gray, III      For       For        Management
2.7   Elect  Director William B. Harrison, Jr   For       For        Management
2.8   Elect  Director Helene L. Kaplan          For       For        Management
2.9   Elect  Director Lee R. Raymond            For       For        Management
2.10  Elect  Director John R. Stafford          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Adjourn Meeting                           For       For        Management
6     Establish Term Limits for Directors       Against   Against    Shareholder
7     Charitable Contributions                  Against   Against    Shareholder
8     Political Contributions                   Against   Against    Shareholder
9     Separate Chairman and CEO Positions       Against   For        Shareholder
10    Provide Adequate Disclosure for over the  Against   Against    Shareholder
      counter Derivatives
11    Auditor Independence                      Against   Against    Shareholder
12    Submit Non-Employee Director Compensation Against   Against    Shareholder
      to Vote
13    Report on Pay Disparity                   Against   Against    Shareholder


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

KIMBERLY-CLARK CORP.

Ticker:       KMB            Security ID:  494368103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pastora San Juan Cafferty For       For        Management
1.2   Elect  Director Claudio X. Gonzalez       For       For        Management
1.3   Elect  Director Linda Johnson Rice        For       For        Management
1.4   Elect  Director Marc J. Shapiro           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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

L-3 COMMUNICATIONS HOLDINGS, INC.

Ticker:       LLL            Security ID:  502424104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Claude R. Canizares       For       For        Management
1.2   Elect  Director Thomas A. Corcoran        For       For        Management
1.3   Elect  Director Alan H. Washkowitz        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


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

LEAR CORPORATION

Ticker:       LEA            Security ID:  521865105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Larry W. McCurdy          For       For        Management
1.2   Elect  Director Roy E. Parrott            For       For        Management
1.3   Elect  Director Richard F. Wallman        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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

LEXMARK INTERNATIONAL, INC.

Ticker:       LXK            Security ID:  529771107
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank T. Cary             For       For        Management
1.2   Elect  Director Paul J. Curlander         For       For        Management
1.3   Elect  Director Martin D. Walker          For       For        Management
1.4   Elect  Director James F. Hardymon         For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


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

LOUISIANA-PACIFIC CORP

Ticker:       LPX            Security ID:  546347105
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dustan E. McCoy           For       For        Management
1.2   Elect  Director Lee C. Simpson            For       For        Management
1.3   Elect  Director Colin D. Watson           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Amend Executive Incentive Bonus Plan      For       For        Management
6     Ratify Auditors                           For       For        Management
7     Separate Chairman and CEO Positions       Against   For        Shareholder
8     Report on Greenhouse Gas Emissions        Against   Against    Shareholder


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

LSI LOGIC CORP.

Ticker:       LSI            Security ID:  502161102
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Wilfred J. Corrigan       For       For        Management
1.2   Elect  Director James H. Keyes            For       For        Management
1.3   Elect  Director Malcolm R. Currie         For       For        Management
1.4   Elect  Director T.Z. Chu                  For       For        Management
1.5   Elect  Director R. Douglas Norby          For       For        Management
1.6   Elect  Director Matthew J. O'Rourke       For       For        Management
1.7   Elect  Director Gregorio Reyes            For       For        Management
1.8   Elect  Director Larry W. Sonsini          For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan
5     Ratify Auditors                           For       For        Management


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

MANPOWER INC.

Ticker:       MAN            Security ID:  56418H100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephanie A. Burns        For       For        Management
1.2   Elect  Director Willie D. Davis           For       For        Management
1.3   Elect  Director Jack M. Greenberg         For       For        Management
1.4   Elect  Director Terry A. Hueneke          For       For        Management
2     Ratify Auditors                           For       For        Management


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

MAY DEPARTMENT STORES CO., THE

Ticker:       MAY            Security ID:  577778103
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eugene S. Kahn            For       For        Management
1.2   Elect  Director Helene L. Kaplan          For       For        Management
1.3   Elect Director  James M. Kilts            For       For        Management
1.4   Elect Director Russell E. Palmer          For       For        Management
1.5   Elect Director William P. Stiritz         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management
5     Declassify the Board of Directors         Against   Against    Shareholder


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

MBNA CORP.

Ticker:       KRB            Security ID:  55262L100
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  FEB 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James H. Berick           For       For        Management
1.2   Elect  Director Benjamin R. Civiletti     For       For        Management
1.3   Elect  Director Bruce L. Hammonds         For       For        Management
1.4   Elect  Director William L. Jews           For       For        Management
1.5   Elect  Director Randolph D. Lerner        For       For        Management
1.6   Elect  Director Stuart L. Markowitz       For       For        Management
1.7   Elect  Director William B. Milstead       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Require Majority of Independent Directors Against   For        Shareholder
      on Board


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

MCDONALD'S CORP.

Ticker:       MCD            Security ID:  580135101
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward A. Brennan         For       For        Management
1.2   Elect  Director Walter E. Massey          For       For        Management
1.3   Elect  Director John W. Rogers, Jr.       For       For        Management
1.4   Elect  Director Anne-Marie Slaughter      For       For        Management
1.5   Elect  Director Roger W. Stone            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan


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

MCGRAW-HILL COMPANIES, INC., THE

Ticker:       MHP            Security ID:  580645109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pedro Aspe                For       For        Management
1.2   Elect  Director Robert P. McGraw          For       For        Management
1.3   Elect  Director Hilda Ochoa-Brillembourg  For       For        Management
1.4   Elect  Director Edward B. Rust, Jr.       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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

MCKESSON CORP.

Ticker:       MCK            Security ID:  58155Q103
Meeting Date: JUL 30, 2003   Meeting Type: Annual
Record Date:  JUN 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alton F. Irby III          For       For        Management
1.2   Elect Director James V. Napier            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


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

MERCK & CO., INC.

Ticker:       MRK            Security ID:  589331107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter C. Wendell          For       For        Management
1.2   Elect  Director William G. Bowen          For       For        Management
1.3   Elect  Director William M. Daley          For       For        Management
1.4   Elect  Director Thomas E. Shenk           For       For        Management
1.5   Elect  Director Wendell P. Weeks          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Develop Ethical Criteria for Patent       Against   Against    Shareholder
      Extension
6     Link Executive Compensation to Social     Against   Against    Shareholder
      Issues
7     Report on Political Contributions         Against   Against    Shareholder
8     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


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

MERRILL LYNCH & CO., INC.

Ticker:       MER            Security ID:  590188108
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David K. Newbigging       For       For        Management
1.2   Elect  Director Joseph W. Prueher         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Separate Chairman and CEO Positions       Against   For        Shareholder


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

MGM MIRAGE

Ticker:       MGG            Security ID:  552953101
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James D. Aljian           For       For        Management
1.2   Elect  Director Robert H. Baldwin         For       For        Management
1.3   Elect  Director Terry N. Christensen      For       For        Management
1.4   Elect  Director Willie D. Davis           For       For        Management
1.5   Elect  Director Alexander M. Haig, Jr.    For       For        Management
1.6   Elect  Director Alexis M. Herman          For       For        Management
1.7   Elect  Director Roland Hernandez          For       For        Management
1.8   Elect  Director Gary N. Jacobs            For       For        Management
1.9   Elect  Director Kirk Kerkorian            For       For        Management
1.10  Elect  Director J. Terrence Lanni         For       For        Management
1.11  Elect  Director George J. Mason           For       For        Management
1.12  Elect  Director James J. Murren           For       For        Management
1.13  Elect  Director Ronald M. Popeil          For       For        Management
1.14  Elect  Director John T. Redmond           For       For        Management
1.15  Elect  Director Daniel M. Wade            For       For        Management
1.16  Elect  Director Melvin B. Wolzinger       For       For        Management
1.17  Elect  Director Alex Yemenidjian          For       For        Management
2     Ratify Auditors                           For       For        Management


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

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     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 Wm. G. Reed, Jr.           For       For        Management
1.10  Elect Director Jon A. Shirley             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Refrain from Giving Charitable            Against   Against    Shareholder
      Contributions


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

MID ATLANTIC MEDICAL SERVICES, INC.

Ticker:       MME            Security ID:  59523C107
Meeting Date: FEB 10, 2004   Meeting Type: Special
Record Date:  JAN 15, 2004

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


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

NEWFIELD EXPLORATION CO.

Ticker:       NFX            Security ID:  651290108
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joe B. Foster             For       For        Management
1.2   Elect  Director David A. Trice            For       For        Management
1.3   Elect  Director David F. Schaible         For       For        Management
1.4   Elect  Director Charles W. Duncan, Jr.    For       For        Management
1.5   Elect  Director Howard H. Newman          For       For        Management
1.6   Elect  Director Thomas G. Ricks           For       For        Management
1.7   Elect  Director Dennis R. Hendrix         For       For        Management
1.8   Elect  Director C.E. (chuck) Shultz       For       For        Management
1.9   Elect  Director Philip J. Burguieres      For       For        Management
1.10  Elect  Director Claire S. Farley          For       For        Management
1.11  Elect  Director John Randolph Kemp III    For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management


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

NEXTEL COMMUNICATIONS, INC.

Ticker:       NXTL           Security ID:  65332V103
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Keith J. Bane             For       For        Management
1.2   Elect  Director V. Janet Hill             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management


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

NORDSTROM, INC.

Ticker:       JWN            Security ID:  655664100
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director D. Wayne Gittinger        For       For        Management
1.2   Elect  Director Enrique Hernandez, Jr.    For       For        Management
1.3   Elect  Director Jeanne P. Jackson         For       For        Management
1.4   Elect  Director Bruce A. Nordstrom        For       For        Management
1.5   Elect  Director John N. Nordstrom         For       For        Management
1.6   Elect  Director Alfred E. Osborne, Jr.,   For       For        Management
      Ph.D.
1.7   Elect  Director William D. Ruckelshaus    For       For        Management
1.8   Elect  Director Alison A. Winter          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


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

NORTHROP GRUMMAN CORP.

Ticker:       NOC            Security ID:  666807102
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lewis W. Coleman          For       For        Management
1.2   Elect  Director J. Michael Cook           For       For        Management
1.3   Elect  Director Philip A. Odeen           For       For        Management
1.4   Elect  Director Aulana L. Peters          For       For        Management
1.5   Elect  Director Kevin W. Sharer           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
4     Declassify the Board of Directors         Against   Against    Shareholder


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

OCCIDENTAL PETROLEUM CORP.

Ticker:       OXY            Security ID:  674599105
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald W. Burkle          For       For        Management
1.2   Elect  Director John S. Chalsty           For       For        Management
1.3   Elect  Director Edward P. Djerejian       For       For        Management
1.4   Elect  Director R. Chad Dreier            For       For        Management
1.5   Elect  Director John E. Feick             For       For        Management
1.6   Elect  Director Ray R. Irani              For       For        Management
1.7   Elect  Director Dale R. Laurance          For       For        Management
1.8   Elect  Director Irvin 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     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan
4     Prohibit Awards to Executives             Against   Against    Shareholder


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

ORACLE CORP.

Ticker:       ORCL           Security ID:  68389X105
Meeting Date: OCT 13, 2003   Meeting Type: Annual
Record Date:  AUG 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lawrence J. Ellison        For       For        Management
1.2   Elect Director Donald L. Lucas            For       For        Management
1.3   Elect Director Michael J. Boskin          For       For        Management
1.4   Elect Director Jeffrey O. Henley          For       For        Management
1.5   Elect Director Jack F. Kemp               For       For        Management
1.6   Elect Director Jeffrey 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
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
5     Implement China Principles                Against   Against    Shareholder


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

PEPSIAMERICAS, INC.

Ticker:       PAS            Security ID:  71343P200
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Brenda C. Barnes          For       For        Management
1.2   Elect  Director Herbert M. Baum           For       For        Management
1.3   Elect  Director Richard G. Cline          For       For        Management
1.4   Elect  Director Pierre S. Du Pont         For       For        Management
1.5   Elect  Director Archie R. Dykes           For       For        Management
1.6   Elect  Director Jarobin Gilbert, Jr.      For       For        Management
1.7   Elect  Director Matthew M. Mckenna        For       For        Management
1.8   Elect  Director Lionel L. Nowell, III     For       For        Management
1.9   Elect  Director Robert C. Pohlad          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Limit Awards to Executives                Against   For        Shareholder
5     Report on Recycling Policy                Against   Against    Shareholder


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

PEPSICO, INC.

Ticker:       PEP            Security ID:  713448108
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     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 Franklin D. Raines        For       For        Management
1.7   Elect  Director Steven S. Reinemund       For       For        Management
1.8   Elect  Director Sharon Percy Rockefeller  For       For        Management
1.9   Elect  Director James J. Schiro           For       For        Management
1.10  Elect  Director Franklin A. Thomas        For       For        Management
1.11  Elect  Director Cynthia M. Trudell        For       For        Management
1.12  Elect  Director Solomon D. Trujillo       For       For        Management
1.13  Elect  Director Daniel Vasella            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


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

PFIZER INC.

Ticker:       PFE            Security ID:  717081103
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Franklin D. Raines        For       For        Management
1.13  Elect  Director Ruth J. Simmons           For       For        Management
1.14  Elect  Director William C. Steere, Jr.    For       For        Management
1.15  Elect  Director Jean-Paul Valles          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
5     Cease Political Contributions/Activities  Against   Against    Shareholder
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Establish Term Limits for Directors       Against   Against    Shareholder
8     Report on Drug Pricing                    Against   Against    Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    Amend Animal Testing Policy               Against   Against    Shareholder


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

PPL CORP.

Ticker:       PPL            Security ID:  69351T106
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Hecht          For       For        Management
1.2   Elect  Director Stuart Heydt              For       For        Management
1.3   Elect  Director W. Keith Smith            For       For        Management
2     Ratify Auditors                           For       For        Management


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

PRAXAIR, INC.

Ticker:       PX             Security ID:  74005P104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alejandro Achaval         For       For        Management
1.2   Elect  Director Ronald L. Kuehn, Jr.      For       For        Management
1.3   Elect  Director H. Mitchell Watson, Jr.   For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Approve Stockholder Protection Rights     For       For        Management
      Agreement


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

PROCTER & GAMBLE COMPANY, THE

Ticker:       PG             Security ID:  742718109
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Norman R. Augustine        For       For        Management
1.2   Elect Director A.G. Lafley                For       For        Management
1.3   Elect Director Johnathan A. Rodgers       For       For        Management
1.4   Elect Director John F. Smith, Jr.         For       For        Management
1.5   Elect Director Margaret C. Whitman        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Declassify the Board of Directors         Against   Against    Shareholder
5     Label Genetically Engineered Foods        Against   Against    Shareholder


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

PRUDENTIAL FINANCIAL INC

Ticker:       PRU            Security ID:  744320102
Meeting Date: JUN 8, 2004    Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arthur F. Ryan            For       For        Management
1.2   Elect  Director Gaston Caperton           For       For        Management
1.3   Elect  Director Gilbert F. Casellas       For       For        Management
1.4   Elect  Director Karl J. Krapek            For       For        Management
1.5   Elect  Director Ida F.S. Schmertz         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Cease Charitable Contributions            Against   Against    Shareholder
4     Declassify the Board of Directors         Against   Against    Shareholder


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

QLOGIC CORP.

Ticker:       QLGC           Security ID:  747277101
Meeting Date: AUG 26, 2003   Meeting Type: Annual
Record Date:  JUL 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director H.K. Desai                 For       For        Management
1.2   Elect Director Larry R. Carter            For       For        Management
1.3   Elect Director James R. Fiebiger          For       For        Management
1.4   Elect Director Balakrishnan S. Iyer       For       For        Management
1.5   Elect Director Carol L. Miltner           For       For        Management
1.6   Elect Director George D. Wells            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

RYDER SYSTEM, INC.

Ticker:       R              Security ID:  783549108
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John M. Berra             For       For        Management
1.2   Elect  Director David I. Fuente           For       For        Management
1.3   Elect  Director Eugene A. Renna           For       For        Management
1.4   Elect  Director Abbie J. Smith            For       For        Management
1.5   Elect  Director Christine A. Varney       For       For        Management
2     Ratify Auditors                           For       For        Management


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

SCHLUMBERGER LTD.

Ticker:       SLB            Security ID:  806857108
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  FEB 25, 2004

#     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 D. Primat                 For       For        Management
1.8   Elect  Director T. Sandvold               For       For        Management
1.9   Elect  Director N. Seydoux                For       For        Management
1.10  Elect  Director L.G. Stuntz               For       For        Management
2     ADOPTION AND APPROVAL OF FINANCIALS AND   For       For        Management
      DIVIDENDS
3     APPROVAL OF ADOPTION OF THE 2004 STOCK    For       For        Management
      AND DEFERRAL PLAN FOR NON-EMPLOYEE
      DIRECTORS
4     APPROVAL OF AUDITORS                      For       For        Management


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

SCIENTIFIC-ATLANTA, INC.

Ticker:       SFA            Security ID:  808655104
Meeting Date: NOV 7, 2003    Meeting Type: Annual
Record Date:  SEP 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Marion H. Antonini         For       For        Management
1.2   Elect Director David J. McLaughlin        For       For        Management
1.3   Elect Director James V. Napier            For       For        Management
1.4   Elect Director Sam Nunn                   For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

SHERWIN-WILLIAMS CO., THE

Ticker:       SHW            Security ID:  824348106
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James C. Boland           For       For        Management
1.2   Elect  Director John G. Breen             For       For        Management
1.3   Elect  Director Duane E. Collins          For       For        Management
1.4   Elect  Director Christopher M. Connor     For       For        Management
1.5   Elect  Director Daniel E. Evans           For       For        Management
1.6   Elect  Director Susan J. Kropf            For       For        Management
1.7   Elect  Director Robert W. Mahoney         For       For        Management
1.8   Elect  Director Gary E. McCullough        For       For        Management
1.9   Elect  Director A. Malachi Mixon, III     For       For        Management
1.10  Elect  Director Curtis E. Moll            For       For        Management
1.11  Elect  Director Joseph M. Scaminace       For       For        Management
1.12  Elect  Director Richard K. Smucker        For       For        Management
2     Amend Bylaws                              For       Against    Management
3     Amend Bylaws                              For       For        Management
4     Amend Nomination Procedures for the Board For       For        Management
5     Ratify Auditors                           For       For        Management


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

STANLEY WORKS, THE

Ticker:       SWK            Security ID:  854616109
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John G. Breen             For       For        Management
1.2   Elect  Director Virgis W. Colbert         For       For        Management
1.3   Elect  Director John F. Lundgren          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder


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

SUPERVALU INC.

Ticker:       SVU            Security ID:  868536103
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Charles M. Lillis          For       For        Management
1.2   Elect Director Jeffrey Noodle             For       For        Management
1.3   Elect Director Steven S. Rogers           For       For        Management
1.4   Elect Director Ronald E. Daly             For       For        Management
1.5   Elect Director Marissa Peterson           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require Affirmative Vote of the Majority  Against   Against    Shareholder
      of the Shares to Elect Directors


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

TIME WARNER INC

Ticker:       TWX            Security ID:  887317105
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     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 Miles R. Gilburne         For       For        Management
1.7   Elect  Director Carla A. Hills            For       For        Management
1.8   Elect  Director Reuben Mark               For       For        Management
1.9   Elect  Director Michael A. Miles          For       For        Management
1.10  Elect  Director Kenneth J. Novack         For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director R. E. Turner              For       For        Management
1.13  Elect  Director Francis T. Vincent, Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt China Principles                    Against   Against    Shareholder
4     Report on Pay Disparity                   Against   Against    Shareholder


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

TXU CORP.

Ticker:       TXU            Security ID:  873168108
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Derek C. Bonham           For       For        Management
1.2   Elect  Director E. Gail de Planque        For       For        Management
1.3   Elect  Director William M. Griffin        For       For        Management
1.4   Elect  Director Kerney Laday              For       For        Management
1.5   Elect  Director Jack E. Little            For       For        Management
1.6   Elect  Director Erle Nye                  For       For        Management
1.7   Elect  Director J.E. Oesterreicher        For       For        Management
1.8   Elect  Director Michael W. Ranger         For       For        Management
1.9   Elect  Director Herbert H. Richardson     For       For        Management
1.10  Elect  Director C. John Wilder            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder


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

TYCO INTERNATIONAL LTD.

Ticker:       TYC            Security ID:  902124106
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  MAR 25, 2004

#     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 John A. Krol              For       For        Management
1.7   Elect  Director Mackey J. Mcdonald        For       For        Management
1.8   Elect  Director H. Carl Mccall            For       For        Management
1.9   Elect  Director Brendan R. O'Neill        For       For        Management
1.10  Elect  Director Sandra S. Wijnberg        For       For        Management
1.11  Elect  Director Jerome B. York            For       For        Management
2     Ratify Auditors                           For       For        Management
3     ADOPTION OF THE AMENDED AND RESTATED      For       For        Management
      BYE-LAWS.
4     APPROVAL OF TYCO 2004 STOCK AND INCENTIVE For       For        Management
      PLAN.
5     SHAREHOLDER PROPOSAL REGARDING            For       For        Shareholder
      ENVIRONMENTAL REPORTING.
6     SHAREHOLDER PROPOSAL TO CHANGE TYCO S     Against   Against    Shareholder
      JURISDICTION OF INCORPORATION FROM
      BERMUDA TO A U.S. STATE.
7     SHAREHOLDER PROPOSAL ON  COMMON SENSE     Against   Against    Shareholder
      EXECUTIVE COMPENSATION.


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

TYSON FOODS, INC.

Ticker:       TSN            Security ID:  902494103
Meeting Date: FEB 6, 2004    Meeting Type: Annual
Record Date:  DEC 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Don Tyson                  For       For        Management
1.2   Elect Director John Tyson                 For       For        Management
1.3   Elect Director Leland E. Tollett          For       For        Management
1.4   Elect Director Barbara A. Tyson           For       For        Management
1.5   Elect Director Lloyd V. Hackley           For       For        Management
1.6   Elect Director Jim Kever                  For       For        Management
1.7   Elect Director David A. Jones             For       For        Management
1.8   Elect Director Richard L. Bond            For       For        Management
1.9   Elect Director Jo Ann R. Smith            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Employee Stock Purchase Plan      For       For        Management
4     Ratify Auditors                           For       For        Management
5     Remove Supervoting Rights for Class B     Against   For        Shareholder
      Common Stock
6     Separate Chairman and CEO Positions       Against   For        Shareholder


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

U.S. BANCORP

Ticker:       USB            Security ID:  902973304
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Victoria Buyniski         For       For        Management
      Gluckman
1.2   Elect  Director Arthur D. Collins, Jr.    For       For        Management
1.3   Elect  Director Jerry W. Levin            For       For        Management
1.4   Elect  Director Thomas E. Petry           For       For        Management
1.5   Elect  Director Richard G. Reiten         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Submit Executive Compensation to Vote     Against   For        Shareholder
5     Amend Vote Requirements to Amend          Against   For        Shareholder
      Articles/Bylaws/Charter


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

UNITED PARCEL SERVICE, INC.

Ticker:       UPS            Security ID:  911312106
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Calvin Darden             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 Robert M. Teeter          For       For        Management
1.9   Elect  Director John W. Thompson          For       For        Management
1.10  Elect  Director Carol B. Tome             For       For        Management
2     Ratify Auditors                           For       For        Management


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

UNITED TECHNOLOGIES CORP.

Ticker:       UTX            Security ID:  913017109
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Betsy J. Bernard          For       For        Management
1.2   Elect  Director George David              For       For        Management
1.3   Elect  Director Jean-Pierre Garnier       For       For        Management
1.4   Elect  Director Jamie S. Gorelick         For       For        Management
1.5   Elect  Director Charles R. Lee            For       For        Management
1.6   Elect  Director Richard D. McCormick      For       For        Management
1.7   Elect  Director Harold McGraw III         For       For        Management
1.8   Elect  Director Frank P. Popoff           For       For        Management
1.9   Elect  Director H. Patrick Swygert        For       For        Management
1.10  Elect  Director Andre Villeneuve          For       For        Management
1.11  Elect  Director H. A. Wagner              For       For        Management
1.12  Elect  Director Christine Todd Whitman    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Disclosure of Executive Compensation      Against   Against    Shareholder
4     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
5     Performance-Based/Indexed Options         Against   For        Shareholder
6     Separate Chairman and CEO Positions       Against   For        Shareholder


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

UNITEDHEALTH GROUP INCORPORATED

Ticker:       UNH            Security ID:  91324P102
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William C. Ballard, Jr.   For       For        Management
1.2   Elect  Director Richard T. Burke          For       For        Management
1.3   Elect  Director Stephen J. Hemsley        For       For        Management
1.4   Elect  Director Donna E. Shalala          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Limit Awards to Executives                Against   Against    Shareholder


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

VERIZON COMMUNICATIONS

Ticker:       VZ             Security ID:  92343V104
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     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       For        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     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Require Majority of Independent Directors Against   Against    Shareholder
      on Board
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Prohibit Awards to Executives             Against   Against    Shareholder
9     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
10    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
11    Cease Charitable Contributions            Against   Against    Shareholder


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

W. R. BERKLEY CORP.

Ticker:       BER            Security ID:  084423102
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Berkley, Jr.   For       For        Management
1.2   Elect  Director Ronald E. Blaylock        For       For        Management
1.3   Elect  Director Mark E. Brockbank         For       For        Management
1.4   Elect  Director Rodney A. Hawes, Jr.      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


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

WACHOVIA CORP.

Ticker:       WB             Security ID:  929903102
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James S. Balloun          For       For        Management
1.2   Elect  Director John T. Casteen, III      For       For        Management
1.3   Elect  Director Joseph Neubauer           For       For        Management
1.4   Elect  Director Lanty L. Smith            For       For        Management
1.5   Elect  Director Dona Davis Young          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require Two Candidates for Each Board     Against   Against    Shareholder
      Seat
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Separate Chairman and CEO Positions       Against   For        Shareholder


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

WAL-MART STORES, INC.

Ticker:       WMT            Security ID:  931142103
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     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 Thomas M. Coughlin        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 Dawn G. Lepore            For       For        Management
1.7   Elect  Director John D. Opie              For       For        Management
1.8   Elect  Director J. Paul Reason            For       For        Management
1.9   Elect  Director H. Lee Scott, Jr.         For       For        Management
1.10  Elect  Director Jack C. Shewmaker         For       For        Management
1.11  Elect  Director Jose H. Villarreal        For       For        Management
1.12  Elect  Director John T. Walton            For       For        Management
1.13  Elect  Director S. Robson Walton          For       For        Management
1.14  Elect  Director Christopher J. Williams   For       For        Management
2     Approve Stock Option Plan                 For       For        Management
3     Approve Stock Option Plan                 For       For        Management
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management
6     Separate Chairman and CEO Positions       Against   For        Shareholder
7     Prepare Sustainability Report             Against   Against    Shareholder
8     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
9     Report on Genetically Modified Organisms  Against   Against    Shareholder
      (GMO)
10    Prepare Diversity Report                  Against   Against    Shareholder
11    Submit Executive Compensation to Vote     Against   For        Shareholder


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

WALT DISNEY COMPANY, THE

Ticker:       DIS            Security ID:  254687106
Meeting Date: MAR 3, 2004    Meeting Type: Annual
Record Date:  JAN 16, 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 Aylwin B. Lewis           For       For        Management
1.7   Elect  Director Monica C. Lozano          For       For        Management
1.8   Elect  Director Robert W. Matschullat     For       For        Management
1.9   Elect  Director George J. Mitchell        For       For        Management
1.10  Elect  Director Leo J. O'Donovan, S.J.    For       For        Management
1.11  Elect  Director Gary L. Wilson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     China Principles                          Against   Against    Shareholder
4     Report on Supplier Labor Standards in     Against   Against    Shareholder
      China
5     Report on Amusement Park Safety           Against   Against    Shareholder


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

WATSON PHARMACEUTICALS, INC.

Ticker:       WPI            Security ID:  942683103
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Allen Chao, Ph.D.         For       For        Management
1.2   Elect  Director Michel J. Feldman         For       For        Management
1.3   Elect  Director Fred G. Weiss             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Review Executive Compensation             Against   Against    Shareholder




================== BLACKROCK CORE BOND TOTAL RETURN PORTFOLIO ==================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.



================== BLACKROCK CORE PLUS TOTAL RETURN PORTFOLIO ==================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


================= BLACKROCK DELAWARE TAX-FREE INCOME PORTFOLIO =================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


===================== BLACKROCK ENHANCED INCOME PORTFOLIO ======================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.



===================== BLACKROCK EUROPEAN EQUITY PORTFOLIO ======================

ITEM 1 PROXY VOTING RECORD

ABB LTD. ZUERICH

Ticker:                      Security ID:  H0010V101
Meeting Date: NOV 20, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Creation of CHF 3 Billion Pool of For       Did Not    Management
      Conditional Capital with Preemptive                 Vote
      Rights


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

ABB LTD. ZUERICH

Ticker:                      Security ID:  H0010V101
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
5     Reelect Roger Agnelli, Juergen Dormann,   For       Did Not    Management
      Louis Hughes, Hans Maerki, Michel de                Vote
      Rosen, Michael Treschow, Bernd Voss, and
      Jacob Wallenberg as Directors
6     Ratify Ernst & Young AG as Auditors       For       Did Not    Management
                                                          Vote


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

ABBEY NATIONAL PLC

Ticker:       ABYNY          Security ID:  G0016Z107
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 16.67 Pence Per For       For        Management
      Share
4.1   Elect Priscilla Vacassin as Director      For       For        Management
4.2   Elect Angus Porter as Director            For       For        Management
4.3   Elect Tony Wyatt as Director              For       For        Management
4.4   Elect Gerard Murphy as Director           For       For        Management
4.5   Elect Geoffrey Cooper as Director         For       For        Management
5.1   Re-elect Yasmin Jetha as Director         For       For        Management
5.2   Re-elect Mark Pain as Director            For       For        Management
5.3   Re-elect Leon Allen as Director           For       For        Management
6     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Authorise EU Political Donations up to    For       For        Management
      GBP 150,000 and EU Political Expenditure
      up to GBP 150,000
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to GBP 703,722,815; USD
      9,820,000; and EUR 10,000,000
10    Approve Abbey Performance Share Plan      For       For        Management
11    Authorise 146,277,184 Ordinary Shares for For       For        Management
      Market Purchase
12.1  Authorise 125,000,000 8.625% Sterling     For       For        Management
      Preference Shares for Market Purchase
12.2  Authorise 200,000,000 10.375% Sterling    For       For        Management
      Preference Shares for Market Purchase
12.3  Authorise 18,000,000 Series B Dollar      For       For        Management
      Preference Shares for Market Purchase
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,313,859


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

AHOLD KON NV

Ticker:       AHO            Security ID:  N0139V100
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Report Regarding Company Strategy None      Did Not    Management
      ('Road to Recovery')                                Vote
3.1   Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
3.2   Receive Explanation of Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
3.3   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
3.4   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4.1   Elect Rene Dahan to Supervisory Board     For       Did Not    Management
                                                          Vote
4.2   Elect Karen de Segundo to Supervisory     For       Did Not    Management
      Board                                               Vote
5     Ratify Deloitte & Touche as Auditors      For       Did Not    Management
                                                          Vote
6     Authorize Board to Change Official        For       Did Not    Management
      Language of the Annual Report to English            Vote
7     Close Meeting                             None      Did Not    Management
                                                          Vote


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

AHOLD KON NV

Ticker:       AHO            Security ID:  N0139V100
Meeting Date: MAR 3, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Discussion of Company's Corporate         None      None       Management
      Governance Structure
3     Amend Articles Re: Changes to Company's   For       For        Management
      Corporate Governance Structure to Reflect
      Recommendations by Dutch Corporate
      Governance Code
4     Approve Terms Governing Conversion of     For       For        Management
      Cumulative Preferred Financing Shares
      into Common Shares
5     Approve Remuneration Policy of Executive  For       For        Management
      Board
6     Receive Information on Current            None      None       Management
      Investigations and Lawsuits
7     Adjourn Meeting                           None      None       Management


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

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

Ticker:                      Security ID:  E0432C106
Meeting Date: JUN 14, 2004   Meeting Type: Annual
Record Date:

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


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

ATLAS COPCO AB

Ticker:       AZKB60         Security ID:  W10020118
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Chairman of Meeting   For       For        Management
2     Prepare and Approve List of Shareholders  For       For        Management
3     Approve Agenda of Meeting                 For       For        Management
4     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
5     Acknowledge Proper Convening of Meeting   For       For        Management
6     Receive Financial Statements and          None      None       Management
      Statutory Reports
7     Receive President's Report                None      None       Management
8     Receive Board and Committee Reports       None      None       Management
9.1   Accept Financial Statements and Statutory For       For        Management
      Reports
9.2   Approve Discharge of Board and President  For       For        Management
9.3   Approve Allocation of Income and          For       For        Management
      Dividends of SEK 7.50 Per Share
9.4   Approve Record Date (April 30) for        For       For        Management
      Dividend
10    Determine Number of Members (9) and       For       For        Management
      Deputy Members (0) of Board
11    Reelect Sune Carlsson, Jacob Wallenberg,  For       For        Management
      Gunnar Brock, Staffan Boman, Kurt
      Hellstroem, Thomas Leysen, Ulla Litzen,
      and Anders Ullberg as Directors; Elect
      Grace Reksten Skaugen as New Director
12    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 3 Million;
      Approve Remuneration of SEK 500,000 for
      Committee Work
13    Approve Stock Option and Stock            For       For        Management
      Appreciation Rights Plan for Key
      Employees; Approve Reissuance of 950,000
      Repurchased Shares to Guarantee
      Conversion Rights
14.1  Shareholder Proposal: Approve Unification Against   For        Shareholder
      of Capital Structure without Compensation
      to Class A Shareholders
14.2  Shareholder Proposal: Approve (Voluntary) Against   Against    Shareholder
      Conversion of Class B Shares into Class A
      Shares
15.1  Shareholder Proposal: Authorize General   Against   For        Shareholder
      Meeting to Elect Members of Nominating
      Committee
15.2  Authorize Chairman of Board to Appoint    For       Against    Management
      Four Representatives of Company's Largest
      Shareholders to Serve on Nominating
      Committee
16    Close Meeting                             None      None       Management


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

AXA (FORMERLY AXA-UAP)

Ticker:       AXA            Security ID:  F06106102
Meeting Date: APR 21, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.57 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Claude Bebear as Supervisory      For       Against    Management
      Board Member
6     Ratify Mazars & Guerard as Auditors       For       For        Management
7     Ratify Jean Louis Simon as Alternate      For       For        Management
      Auditor
8     Elect Willy Avereyn as Representative of  None      Against    Management
      Employee Shareholders to the Supervisory
      Board, Pending Approval of Item 13
9     Elect Cees de Jong as Representative of   None      Against    Management
      Employee Shareholders to the Supervisory
      Board, Pending Approval of Item 13
10    Elect Jacques Tabourot as Representative  For       For        Management
      of Employee Shareholders to the
      Supervisory Board, Pending Approval of
      Item 13
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Allow Board to Issue Shares in the Event  For       Against    Management
      of a Public Tender Offer or Share
      Exchange Offer
13    Amend Article 10 Re: Appointment of       For       For        Management
      Representative of Employee Shareholders
      to the Supervisory Board
14    Amend Article 10 Re: Appointment of       Against   Against    Management
      Employee Representative to the
      Supervisory Board
15    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
16    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

BANCO BILBAO VIZCAYA ARGENTARIA

Ticker:       BBV            Security ID:  E11805103
Meeting Date: FEB 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income and Distribution of Dividend,
      and Discharge Directors
2     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with or without
      Preemptive Rights
3     Authorize Issuance of Bonds up to         For       For        Management
      Aggregate Nominal Amount of EUR 71.8
      Billion
4     Amend Articles 24, 29, 31, 34, 35, 37,    For       For        Management
      38, 45 Re: Attendance Rights, Shareholder
      Information Rights, Adoption of
      Agreements, Board Election and Size,
      Board Member Requirements, Board
      Vacancies, Chairman and Secretary,
      Creation and Composition of Board
5     Approve General Meeting Guidelines;       For       For        Management
      Information Re: Board Guidelines
6     Approve Listing (or Delisting) of Shares  For       For        Management
      on Secondary/Foreign Exchanges
7     Authorize Repurchase of Shares and        For       For        Management
      Subsequent Cancellation of Repurshased
      Shares
8     Reelect Deloitte & Touche Espana, S.L. as For       For        Management
      Auditors
9     Elect Jose Antonio Fernandez Rivero and   For       For        Management
      Carlos Loring as New Directors; Reelect
      Directors
10    Approve Fund Transfer to Employee         For       For        Management
      Retirement Fund
11    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

BANK AUSTRIA CREDITANSTALT

Ticker:                      Security ID:  A07933129
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.02 per Share                     Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital for                 Vote
      Trading Purposes
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

BANK OF IRELAND GROUP

Ticker:       IRE            Security ID:  G49374146
Meeting Date: JUL 9, 2003    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and Consider Financial Statements For       For        Management
      and Statutory Reports
2     Confirm and Declare a Final Dividend      For       For        Management
3a    Reelect Roy Bailie as a Director          For       For        Management
3b    Reelect Laurence Crowley as a Director    For       For        Management
3c    Reelect Donal Geaney as a Director        For       For        Management
3d    Reelect Denis O'Brien as a Director       For       For        Management
3e    Reelect John O'Donovan as a Director      For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
5     Authorize Repurchase 98,493,220 Ordinary  For       For        Management
      Shares; 1,876,090 Sterling Preference
      Shares; and 3,026,598 Euro Preference
      Shares
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Authorize Board to Allot Up to EUR 31.84  For       For        Management
      million in Equity Securities for Cash
      without Preemptive Rights
8     Authorize Board to Allot Equity           For       For        Management
      Securities Representing 15 Percent of the
      Issued Share Capital, without Preemptive
      Rights, For Purposes Other Than Cash


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

BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.PP          Security ID:  G12793181
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect The Lord Browne of Madingley as  For       For        Management
      Director
2     Re-elect Byron Grote as Director          For       For        Management
3     Re-elect Michael Miles as Director        For       For        Management
4     Re-elect Sir Robin Nicholson as Director  For       For        Management
5     Re-elect Dick Olver as Director           For       For        Management
6     Re-elect Sir Ian Prosser as Director      For       For        Management
7     Elect Antony Burgmans as Director         For       For        Management
8     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Amend Articles of Association Re:         For       For        Management
      Treasury Shares and Annual Retirement of
      Directors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,820 Million
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 273 Million
12    Authorise 2.2 Billion Shares for Market   For       For        Management
      Purchase
13    Authorise the Company to use Treasury     For       For        Management
      Shares for the Purpose of the Employee
      Share Schemes Operated by the Company
14    Approve Remuneration Report               For       For        Management
15    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 1.5
      Million to GBP 2.5 Million
16    Accept Financial Statements and Statutory For       For        Management
      Reports
17    Require the Company to Prepare a Report   Against   Against    Shareholder
      Re: Mitigating Risks to Shareholder Value
      when Operating in Protected and Sensitive
      Areas


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

BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.            Security ID:  G12793181
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lord Browne               For       Did Not    Management
                                                          Vote
1.2   Elect  Director Dr B E Grote              For       Did Not    Management
                                                          Vote
1.3   Elect  Director Mr H M P Miles            For       Did Not    Management
                                                          Vote
1.4   Elect  Director Sir Robin Nicholson       For       Did Not    Management
                                                          Vote
1.5   Elect  Director Mr R L Olver              For       Did Not    Management
                                                          Vote
1.6   Elect  Director Sir Ian Prosser           For       Did Not    Management
                                                          Vote
2     TO ELECT MR A BURGMANS AS A DIRECTOR      For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote
4     TO AMEND THE ARTICLES OF ASSOCIATION OF   For       Did Not    Management
      THE COMPANY                                         Vote
5     TO GIVE AUTHORITY TO ALLOT SHARES UP TO A For       Did Not    Management
      SPECIFIED AMOUNT                                    Vote
6     SPECIAL RESOLUTION: TO GIVE AUTHORITY TO  For       Did Not    Management
      ALLOT A LIMITED NUMBER OF SHARES FOR CASH           Vote
      WITHOUT MAKING AN OFFER TO SHAREHOLDERS
7     SPECIAL RESOLUTION: TO GIVE LIMITED       For       Did Not    Management
      AUTHORITY FOR THE PURCHASE OF ITS OWN               Vote
      SHARES BY THE COMPANY
8     TO AUTHORISE THE USE OF TREASURY SHARES   For       Did Not    Management
      FOR EMPLOYEE SHARE SCHEMES                          Vote
9     TO APPROVE THE DIRECTORS  REMUNERATION    For       Did Not    Management
      REPORT                                              Vote
10    TO DETERMINE THE LIMIT FOR THE AGGREGATE  For       Did Not    Management
      REMUNERATION OF THE NON-EXECUTIVE                   Vote
      DIRECTORS
11    TO RECEIVE THE DIRECTORS  ANNUAL REPORT   For       Did Not    Management
      AND THE ACCOUNTS                                    Vote
12    SPECIAL SHAREHOLDER RESOLUTION: TO        Against   Did Not    Shareholder
      INSTRUCT THE COMPANY TO PREPARE A REPORT            Vote
      MAKING CERTAIN DISCLOSURES ON MATTERS OF
      CONTROL AND RISK IN PROTECTED AND
      SENSITIVE AREAS


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

BRITISH SKY BROADCASTING PLC

Ticker:       BSY            Security ID:  G15632105
Meeting Date: NOV 14, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect Lord Wilson as Director             For       For        Management
3     Elect James Murdoch as Director           For       For        Management
4     Elect Chase Carey as Director             For       For        Management
5     Reelect David Evans as Director           For       For        Management
6     Reelect Lord St John as Director          For       Against    Management
7     Reelect Martin Stewart as Director        For       For        Management
8     Approve Deloitte and Touche LLP as        For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Approve Remuneration Report               For       Against    Management
10    Authorize EU Political Donations up to    For       For        Management
      GBP 200,000
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 319,000,000
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 48,000,000
13    Approve Reduction of GBP 1.120 Billion    For       For        Management
      from Share Premium Account


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

CARREFOUR S.A.

Ticker:                      Security ID:  F13923119
Meeting Date: APR 19, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Acquisition of Societe Financiere For       For        Management
      Labruyere Eberle and Issuance of 6.46
      Million Shares in Connection with
      Acquisition
4     Approve Allocation of Income and Net      For       For        Management
      Dividends of EUR 0.74 per Share
5     Amend Articles of Association to Reduce   For       For        Management
      Terms of Board Members from Six Years to
      Four Years
6     Ratify Cooptation of Luc Vandevelde as    For       For        Management
      Director
7     Reelect Daniel Bernard as Director        For       For        Management
8     Reelect Carlos March as Director          For       For        Management
9     Reelect Jacques Badin as Director         For       For        Management
10    Reelect Francois Henrot as Director       For       For        Management
11    Reelect Christian Blanc as Director       For       For        Management
12    Elect Jose-Luis Leal-Maldonado as         For       For        Management
      Director
13    Authorize Repurchase of Up to 71,614,230  For       For        Management
      Shares
14    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
15    Approve Stock Option Plan Grants          For       Against    Management
16    Amend Articles of Association Re: Board   For       For        Management
      Representation, Auditor Participation at
      Board Meetings, and Use of Electronic
      Media at Shareholder Meetings


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

CENTRICA PLC

Ticker:                      Security ID:  G2018Z127
Meeting Date: MAY 10, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 3.7 Pence Per   For       For        Management
      Share
4     Re-elect Phil Bentley as Director         For       For        Management
5     Re-elect Mark Clare as Director           For       For        Management
6     Re-elect Roger Carr as Director           For       For        Management
7     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 37,993,659
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 11,850,317
11    Authorise 426,611,414 Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 125,000


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

COMPAGNIE DE SAINT GOBAIN

Ticker:                      Security ID:  F80343100
Meeting Date: JUN 10, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.725 per Share                    Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
6     Reelect Jean-Louis Beffa as Director      For       Did Not    Management
                                                          Vote
7     Reelect Isabelle Bouillot as Director     For       Did Not    Management
                                                          Vote
8     Reelect Sylvia Jay as Director            For       Did Not    Management
                                                          Vote
9     Reelect Jose Luis Leal as Director        For       Did Not    Management
                                                          Vote
10    Ratify Appointment of Gian Paolo Caccini  For       Did Not    Management
      as Director                                         Vote
11    Ratify PricewaterhouseCoopers Audit as    For       Did Not    Management
      Auditors                                            Vote
12    Ratify KPMG Audit as Auditors             For       Did Not    Management
                                                          Vote
13    Ratify Yves Nicolas as Alternate Auditor  For       Did Not    Management
                                                          Vote
14    Ratify Jean-Paul Vellutini as Alternate   For       Did Not    Management
      Auditor                                             Vote
15    Amend Articles of Association to Reflect  For       Did Not    Management
      2003 Legal Changes Re: Shareholding                 Vote
      Disclosure Requirement, Access to Company
      Information, and Responsibilities of the
      Chairman
16    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

CREDIT SUISSE GROUP (FORMERLY CS HOLDING)

Ticker:       CSR            Security ID:  H3698D419
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3.1   Approve Allocation of Income and Omission For       For        Management
      of Dividends
3.2   Approve CHF 597.5 Million Reduction in    For       For        Management
      Share Capital via Reduction in Par Value
      and Repayment to Shareholders
4.1   Reelect Thomas Bell and Aziz Syriani as   For       For        Management
      Directors; Elect Peter Weibel, Noreen
      Doyle, and David Syz as Directors
4.2   Reelect KPMG Klynveld Peat Marwick        For       For        Management
      Goerdeler SA as Auditors
4.3   Reelect BDO Sofirom as Special Auditors   For       For        Management
5.1   Amend Articles Re: Submission of          For       For        Management
      Shareholder Proposals
5.2   Amend Articles Re: Delete Provisions      For       For        Management
      Concerning Contributions In Kind


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

DEUTSCHE BOERSE AG

Ticker:                      Security ID:  D1882G119
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAY 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.55 per Share                     Vote
3     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Elect Peter Levene and Alessandro Profuma For       Did Not    Management
      to the Supervisory Board                            Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Approve Affiliation Agreements with       For       Did Not    Management
      Subsidiaries (Deutsche Boerse IT Holding            Vote
      GmbH)
8     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors                Vote


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

ENI SPA

Ticker:       E              Security ID:  T3643A145
Meeting Date: MAY 28, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       Did Not    Management
      Accounts, and Statutory Reports                     Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
4     Elect External Auditors for the           For       Did Not    Management
      Three-Year Term 2004-2006 and Fix                   Vote
      Remuneration of Auditors
5     Amend Article 2 of the Set of Rules       For       Did Not    Management
      Governing General Meetings of Eni Spa               Vote
6     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
1     Amend Articles To Reflect New Italian     For       Did Not    Management
      Company Law Regulations                             Vote
2     Amend Articles 17, 19, and 28 of the      For       Did Not    Management
      Company's Bylaws                                    Vote


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

ENI SPA

Ticker:       E              Security ID:  T3643A145
Meeting Date: MAY 25, 2004   Meeting Type: Annual/Special
Record Date:  MAY 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       Did Not    Management
      Accounts, and Statutory Reports                     Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
4     Elect External Auditors for the           For       Did Not    Management
      Three-Year Term 2004-2006 and Fix                   Vote
      Remuneration of Auditors
5     Amend Article 2 of the Set of Rules       For       Did Not    Management
      Governing General Meetings of Eni Spa               Vote
6     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
1     Amend Articles To Reflect New Italian     For       Did Not    Management
      Company Law Regulations                             Vote
2     Amend Articles 17, 19, and 28 of the      For       Did Not    Management
      Company's Bylaws                                    Vote


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

ESSILOR INTERNATIONAL

Ticker:                      Security ID:  F31668100
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       Did Not    Management
      Reports, Consolidated Financial                     Vote
      Statements, and Discharge Directors
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.84 per Share                     Vote
3     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Reelect Xavier Fontanet as Director       For       Did Not    Management
                                                          Vote
5     Elect Louis Lesperance as Director        For       Did Not    Management
                                                          Vote
6     Elect Jean-Pierre Martin as Director      For       Did Not    Management
                                                          Vote
7     Elect Yves Chevillotte as Director        For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 165,000                     Vote
9     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
10    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GSK            Security ID:  G3910J112
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Lawrence Culp as Director           For       For        Management
4     Elect Crispin Davis as Director           For       For        Management
5     Elect Sir Robert Wilson as Director       For       For        Management
6     Elect Tachi Yamada as Director            For       For        Management
7     Re-elect Sir Christopher Hogg as Director For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 100,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 74,330,954
12    Authorise 594,647,632 Ordinary Shares for For       For        Management
      Market Purchase


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

ING GROEP NV

Ticker:       ING            Security ID:  N4578E413
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2.1   Receive Reports of Management and         None      None       Management
      Supervisory Boards
2.2   Receive Explanation of Reserves and       None      None       Management
      Dividend Policy
3.1   Approve Financial Statements of 2003      For       For        Management
3.2   Approve Dividends                         For       For        Management
4     Ratify Ernst & Young Accountants as       For       For        Management
      Auditors
5.1   Approve Discharge of Management Board     For       For        Management
5.2   Approve Discharge of Supervisory Board    For       For        Management
6     Discussion about Company's Corporate      None      None       Management
      Governance Report
7.1   Approve Remuneration Policy of Management For       For        Management
      Board
7.2   Approve Long-Term Incentive Plan (50      For       For        Management
      Percent Stock Options and 50 Percent
      Performance Shares)
8     Amend Articles Re: Binding Director       For       For        Management
      Nominations; Establish Profile on
      Expertise and Ethical Standards for
      Directors; Approve Remuneration Policy
      for Management Board; Threshold for
      Submitting Shareholder Proposals; Reduce
      Par Value of B Preference Share
9.1   Elect E. Boyer de la Giroday as New       For       For        Management
      Member of Management Board
9.2   Elect E. Leenaars as New Member of        For       For        Management
      Management Board
9.3   Elect H. Verkoren as New Member of        For       For        Management
      Management Board
10    Elect E. Bourdais de Charbonniere as New  For       For        Management
      Member of Supervisory Board
11    Grant Board Authority to Issue Ordinary   For       Against    Management
      Shares Restricting/Excluding Preemptive
      Rights Up to 20 Percent of Issued Capital
      and All Authorized Yet Unissued B
      Preference Shares Restricting/Excluding
      Preemptive Rights
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
13    Other Business                            None      None       Management


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

KINGFISHER PLC

Ticker:       KGFHY          Security ID:  G5256E359
Meeting Date: JUL 4, 2003    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger of Kingfisher Plc's      For       For        Management
      Electrical Business to Kesa Electricals
      Plc By Way of Dividend in Specie
2     Approve Capital Reorganization            For       For        Management
3     Approve Kesa Group Sharesave Scheme and   For       For        Management
      Kesa Group International Sharesave Plan
      and Authorize Directors to Modify and
      Establish Such Plans
4     Approve Kesa Group Demerger Award Plan    For       For        Management
      and Authorize Directors to Modify and
      Establish Such Plans
5     Approve Kesa Group Incentive Compensation For       For        Management
      Plan and Authorize Directors to Modify
      and Establish Such Plans
6     Approve Kesa Group Employee Benefit Trust For       For        Management
      and Authorize Directors to Modify and
      Establish Such Plans


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

KINGFISHER PLC

Ticker:       KGFHY          Security ID:  G5256E441
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 6.15 Pence Per  For       For        Management
      Ordinary Share
4     Elect Duncan Tatton-Brown as Director     For       For        Management
5     Re-elect Sir Francis Mackay as Director   For       For        Management
6     Re-elect Michael Hepher as Director       For       For        Management
7     Re-elect Margaret Salmon as Director      For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 108,526,099
10    Approve Scrip Dividend                    For       For        Management
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to a Nominal Value
      of 5 Percent of the Issued Share Capital
      of the Company
12    Authorise 233,210,664 Ordinary Shares for For       For        Management
      Market Purchase


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

LAFARGE

Ticker:       LFGCY          Security ID:  F54432111
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income, Dividends   For       For        Management
      of EUR 3.45 per Share, and Stock Dividend
      Program
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Ratify Cooptation of Juan Gallardo as     For       For        Management
      Director
6     Reelect Jean Keller as Director           For       For        Management
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital and Reissunace of
      Repurchased Shares
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

NOKIA CORP.

Ticker:       NKCAF          Security ID:  X61873133
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

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


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

NOVARTIS AG

Ticker:       NVS            Security ID:  H5820Q150
Meeting Date: FEB 24, 2004   Meeting Type: Annual
Record Date:  FEB 4, 2004

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


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

RAS (RIUNIONE ADRIATICA DI SICURTA)

Ticker:                      Security ID:  T79470109
Meeting Date: APR 28, 2004   Meeting Type: Annual/Special
Record Date:  APR 23, 2004

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


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

REED ELSEVIER NV (FORMERLY ELSEVIER NV)

Ticker:       ELNVY          Security ID:  N73430105
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  APR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Documents Received                        None      Did Not    Management
                                                          Vote
3     Receive Report of Management Board        None      Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
5     Approve Dividends of EUR 0.30 per         For       Did Not    Management
      Ordinary Share                                      Vote
6     Discussion about Company's Corporate      None      Did Not    Management
      Governance Report                                   Vote
7.1   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
7.2   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
8     Reelect Deloitte Accountants as Auditors  For       Did Not    Management
                                                          Vote
9.1   Reelect Lord Sharman as Member of         For       Did Not    Management
      Supervisory Board                                   Vote
9.2   Reelect R. Stomberg as Member of          For       Did Not    Management
      Supervisory Board                                   Vote
9.3   Reelect M. Tabaksblat as Member of        For       Did Not    Management
      Supervisory Board                                   Vote
10    Reelect G. van de Aast as Member of       For       Did Not    Management
      Management Board                                    Vote
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12.1  Grant Board Authority to Issue Shares Up  For       Did Not    Management
      to Ten Percent of Issued Share Capital              Vote
12.2  Grant Board Authority to Restrict/Exclude For       Did Not    Management
      Preemptive Rights for Share Issuance                Vote
      under Item 12.1
13    Other Business                            None      Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

ROYAL BANK OF SCOTLAND GROUP PLC

Ticker:       RBS            Security ID:  G76891111
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

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


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

SCOTTISH & NEWCASTLE PLC

Ticker:                      Security ID:  G79269117
Meeting Date: AUG 28, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 20 Pence Per    For       For        Management
      Share
4     Reelect Henry Fairweather as Director     For       For        Management
5     Reelect Angus Grossart as Director        For       For        Management
6     Reelect John Nicolson as Director         For       For        Management
7     Reelect Brian Stewart as Director         For       For        Management
8     Reelect John Dunsmore as Director         For       For        Management
9     Reelect Tony Froggatt as Director         For       For        Management
10    Ratify Ernst and Young LLP as Auditors    For       For        Management
11    Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 34,000,000
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 8,700,000
14    Authorize 87,000,000 Shares for Share     For       For        Management
      Repurchase Program


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

SCOTTISH & NEWCASTLE PLC

Ticker:                      Security ID:  G79269117
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 13.41 Pence Per For       For        Management
      Share
4     Re-elect Iain Anderson as Director        For       For        Management
5     Re-elect Erik Hartwall as Director        For       For        Management
6     Re-elect Neville Isdell as Director       For       For        Management
7     Re-elect Ian McAllister as Director       For       For        Management
8     Re-elect Ian McHoul as Director           For       For        Management
9     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 280,000
      to GBP 310,000
12    Adopt New Articles of Association         For       For        Management
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 34 Million
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 8,900,000
15    Authorise 89 Million Ordinary Shares for  For       For        Management
      Market Purchase
16    Approve Scottish and Newcastle            For       For        Management
      Performance Share Plan


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

SCOTTISH & NEWCASTLE PLC

Ticker:                      Security ID:  G79269117
Meeting Date: OCT 29, 2003   Meeting Type: Special
Record Date:

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


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

SECURITAS AB

Ticker:                      Security ID:  W7912C118
Meeting Date: APR 6, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting                 For       For        Management
3     Prepare and Approve List of Shareholders  For       For        Management
4     Approve Agenda of Meeting                 For       For        Management
5     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
6     Acknowledge Proper Convening of Meeting   For       For        Management
7     Receive President's Report                None      None       Management
8     Receive Financial Statements and          None      None       Management
      Statutory Reports
9.1   Accept Financial Statements and Statutory For       For        Management
      Reports
9.2   Approve Allocation of Income and          For       For        Management
      Dividends of SEK 2 Per Share
9.3   Approve Record Date (April 13, 2004) for  For       For        Management
      Dividend
9.4   Approve Discharge of Board and President  For       For        Management
10    Determine Number of Members (8) and       For       For        Management
      Deputy Members (0) of Board
11    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 3 Million;
      Approve Remuneration of Auditors
12    Reelect Thomas Berglund, Annika Bolin,    For       For        Management
      Carl Douglas, Gustaf Douglas, Anders
      Frick, Berthold Lindqvist, Fredrik
      Palmstierna, and Melker Schoerling as
      Directors; Ratify PricewaterhouseCoopers
      AB as Auditors
13.1  Shareholder Proposal: Authorize General   Against   For        Shareholder
      Meeting to Elect Members of Nominating
      Committee
13.2  Reelect Gustaf Douglas and Melker         For       Against    Management
      Schoerling as Members of Nominating
      Committee
14    Close Meeting                             None      None       Management


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

SIEMENS AG

Ticker:       SMAG40         Security ID:  D69671218
Meeting Date: JAN 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.10 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2002/2003                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2002/2003                                Vote
5     Ratify KPMG as Auditors                   For       Did Not    Management
                                                          Vote
6     Elect Jerry Speyer to the Supervisory     For       Did Not    Management
      Board; Elect Hans-Dieter Wiedig as a                Vote
      Deputy Supervisory Board Member
7     Authorize Repurchase of up to Ten Percent For       Did Not    Management
      of Issued Share Capital; Authorize Board            Vote
      to Issue Repurchased Shares
8     Approve Creation of EUR 600 Million Pool  For       Did Not    Management
      of Conditional Capital with Preemptive              Vote
      Rights
9     Approve Issuance of Convertible Bonds     For       Did Not    Management
      and/or Bonds with Warrants Attached up to           Vote
      Aggregate Nominal Amount of EUR 11.3
      Billion with Preemptive Rights; Approve
      Creation of EUR 600  Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights


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

STATOIL ASA

Ticker:                      Security ID:  R17207102
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:

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


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

SYNGENTA AG

Ticker:                      Security ID:  H84140112
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:

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


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

TELEFONICA  S.A. (FORMERLY TELEFONICA DE ESPANA, S.A.)

Ticker:       TEF            Security ID:  E90183182
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income, and Discharge Directors
2     Approve Dividend Per Share                For       For        Management
3     Approve Auditors                          For       For        Management
4     Authorize Repurchase of Shares            For       For        Management
5     Approve General Meeting Guidelines        For       For        Management
6     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

TELEFONICA  S.A. (FORMERLY TELEFONICA DE ESPANA, S.A.)

Ticker:       TEF            Security ID:  E90183182
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income, and Discharge Directors
2     Approve Dividend Per Share                For       For        Management
3     Approve Auditors                          For       For        Management
4     Authorize Repurchase of Shares            For       For        Management
5     Approve General Meeting Guidelines        For       For        Management
6     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

TOTAL S.A. (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  F92124100
Meeting Date: MAY 14, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income and Net      For       Did Not    Management
      Dividends of EUR 4.70 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Reissuance of           Vote
      Repurchased Shares
6     Authorize Issuance of Bonds/Debentures    For       Did Not    Management
                                                          Vote
7     Reelect Thierry Desmarest as Director     For       Did Not    Management
                                                          Vote
8     Reelect Thierry de Rudder as Director     For       Did Not    Management
                                                          Vote
9     Reelect Serge Tchuruk as Director         For       Did Not    Management
                                                          Vote
10    Elect Daniel Boeuf as Representative of   For       Did Not    Management
      Employee Shareholders to the Board                  Vote
11    Elect Philippe Marchandise as             Against   Did Not    Management
      Representative of Employee Shareholders             Vote
      to the Board
12    Elect Cyril Mouche as Representative of   Against   Did Not    Management
      Employee Shareholders to the Board                  Vote
13    Elect Alan Cramer as Representative of    Against   Did Not    Management
      Employee Shareholders to the Board                  Vote
14    Ratify Ernst & Young Audit as Auditors    For       Did Not    Management
                                                          Vote
15    Ratify KPMG Audit as Auditors             For       Did Not    Management
                                                          Vote
16    Ratify Pierre Jouanne as Alternate        For       Did Not    Management
      Auditor                                             Vote
17    Ratify Jean-Luc Decornoy as Alternate     For       Did Not    Management
      Auditor                                             Vote
18    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 900,000                     Vote
19    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
20    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 4 Billion
21    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 2 Billion
22    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan


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

TPG NV (FORMERLY TNT POST GROUP NV)

Ticker:       TP             Security ID:  N31143105
Meeting Date: APR 7, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Presentation by M. Bakker         None      None       Management
3     Receive Report of Management Board        None      None       Management
4     Discussion about Company's Corporate      None      None       Management
      Governance Policy
5.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
5.2   Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
5.3   Approve Discharge of Management Board     For       For        Management
5.4   Approve Discharge of Supervisory Board    For       For        Management
5.5   Authorize Board to Prepare Annual Report  For       For        Management
      in English
6.1   Ratify Previous Appointment of D. Kulik   For       For        Management
      and M. Lombard as New Members to the
      Management Board
6.2   Reelect M. Bakker to Management Board     For       For        Management
7     Approve Remuneration Policy for           For       For        Management
      Management Board
8.1   Opportunity for General Meeting to Make   None      None       Management
      Recommendations for Appointment Member of
      Supervisory Board
8.2   Reelect R. Abrahamsen to Supervisory      For       For        Management
      Board
8.3   Receive Announcement of Resignation of J. None      None       Management
      Hommem from Supervisory Board
9.1   Grant Board Authority to Issue All        For       Against    Management
      Preference B Shares as well as Ordinary
      Shares Up to 20 Percent of Issued Share
      Capital
9.2   Grant Board Authority to Restrict/Exclude For       Against    Management
      Preemptive Rights from Ordinary Share
      Issuance Under Item 9.1
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
11    Receive Announcement on the Conclusions   None      None       Management
      of Three-Year Assessment of the
      Functioning of the External Auditor
12    Amend Articles Re: Add Indemnity Clause   For       For        Management
      to Indemnify Members of Management Board
      and Supervisory Board
13    Allow Questions                           None      None       Management
14    Close Meeting                             None      None       Management


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

UBS AG

Ticker:                      Security ID:  H8920M855
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     ANNUAL REPORT, GROUP AND PARENT COMPANY   For       For        Management
      ACCOUNTS FOR 2003. REPORTS OF THE GROUP
      AND STATUTORY AUDITORS
2     APPROPRIATION OF RETAINED EARNINGS.       For       For        Management
      DIVIDEND FOR FINANCIAL YEAR 2003
3     DISCHARGE OF THE MEMBERS OF THE BOARD OF  For       For        Management
      DIRECTORS AND THE GROUP EXECUTIVE BOARD
4     RE-ELECTION OF BOARD MEMBER: SIR PETER    For       For        Management
      DAVIS
5     ELECTION OF NEW BOARD MEMBER: STEPHAN     For       For        Management
      HAERINGER
6     ELECTION OF NEW BOARD MEMBER: HELMUT      For       For        Management
      PANKE
7     ELECTION OF NEW BOARD MEMBER: PETER       For       For        Management
      SPUHLER
8     RE-ELECTION OF GROUP AND STATUTORY        For       For        Management
      AUDITORS ERNST & YOUNG LTD., BASEL
9     CAPITAL REDUCTION: CANCELLATION OF SHARES For       For        Management
      REPURCHASED UNDER THE 2003/2004 SHARE
      BUYBACK PROGRAM AND RESPECTIVE AMENDMENT
      OF ARTICLE 4 OF THE ARTICLES OF
      ASSOCIATION
10    CAPITAL REDUCTION: APPROVAL OF A NEW      For       For        Management
      2004/2005 SHARE BUYBACK PROGRAM
11    IN CASE OF AD-HOC SHAREHOLDERS MOTIONS    For       Against    Management
      DURING THE ANNUAL GENERAL MEETING, I/WE
      AUTHORIZE MY/OUR PROXY TO VOTE IN
      ACCORDANCE WITH THE BOARD OF DIRECTORS


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

UBS AG

Ticker:                      Security ID:  H8920M855
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 2.60 per Share
3     Approve Discharge of Board and Senior     For       For        Management
      Management
4.1   Reelect Peter Davis as Director           For       For        Management
4.2.1 Elect Stephan Haeringer as Director       For       For        Management
4.2.2 Elect Helmut Panke as Director            For       For        Management
4.2.3 Elect Peter Spuhler as Director           For       For        Management
4.3   Ratify Ernst and Young as Auditors        For       For        Management
5.1   Approve CHF 47.6 Million Reduction in     For       For        Management
      Share Capital via Cancellation of Shares
5.2   Authorize Repurchase of Issued Share      For       For        Management
      Capital


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

UNILEVER PLC

Ticker:       UL             Security ID:  G92087124
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 11.92 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Niall Fitzgerald as Director     For       For        Management
5     Re-elect Antony Burgmans as Director      For       For        Management
6     Re-elect Clive Butler as Director         For       For        Management
7     Re-elect Patrick Cescau as Director       For       For        Management
8     Re-elect Keki Dadiseth as Director        For       For        Management
9     Re-elect Andre baron van Heemstra as      For       For        Management
      Director
10    Re-elect Rudy Markham as Director         For       For        Management
11    Elect Kees van der Graaf as Director      For       For        Management
12    Re-elect Lord Brittan of Spennithorne as  For       For        Management
      Director
13    Re-elect Baroness Chalker of Wallasey as  For       For        Management
      Director
14    Re-elect Bertrand Collomb as Director     For       For        Management
15    Re-elect Wim Dik as Director              For       For        Management
16    Re-elect Oscar Fanjul as Director         For       For        Management
17    Re-elect Claudio Gonzalez as Director     For       For        Management
18    Re-elect Hilmar Kopper as Director        For       For        Management
19    Re-elect The Lord Simon of Highbury as    For       For        Management
      Director
20    Re-elect Jeroen van der Veer as Director  For       For        Management
21    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
22    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
23    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 13,450,000
24    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2 Million
25    Authorise 290 Million Ordinary Shares for For       For        Management
      Market Purchase
26    Amend Articles of Association Re: New     For       For        Management
      Corporate Governance Arrangements
27    Amend Articles of Association Re:         For       For        Management
      Treasury Shares


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

VODAFONE GROUP PLC

Ticker:                      Security ID:  G93882101
Meeting Date: JUL 30, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Reelect Lord MacLaurin of Knebworth as    For       For        Management
      Director
4     Reelect Kenneth Hydon as Director         For       For        Management
5     Reelect Thomas Geitner as Director        For       For        Management
6     Reelect Alec Broers as Director           For       For        Management
7     Reelect Juergen Schrempp as Director      For       For        Management
8     Elect John Buchanan as Director           For       For        Management
9     Approve Final Dividend of 0.8983 Pence    For       For        Management
      Per Share
10    Ratify Deloitte and Touche as Auditors    For       For        Management
11    Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
12    Authorize EU Political Donations up to    For       For        Management
      GBP 100,000
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      USD 900,000,000
14    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of USD 340,000,000
15    Authorize 6,800,000,000 Shares for Share  For       For        Management
      Repurchase Program


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

ZURICH FINANCIAL SERVICES AG (FORMERLY ZURICH ALLIED AG)

Ticker:                      Security ID:  H9870Y105
Meeting Date: APR 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and Omission For       For        Management
      of Dividends
3     Approve CHF 360 Million Reduction in      For       For        Management
      Share Capital
4     Approve Discharge of Board and Senior     For       For        Management
      Management
5.1.1 Elect Thomas Escher as Director           For       For        Management
5.1.2 Reelect Lodewijk van Wachem as Director   For       For        Management
5.1.3 Reelect Philippe Pidoux as Director       For       For        Management
5.1.4 Reelect Armin Meyer as Director           For       For        Management
5.1.5 Reelect Rolf Watter as Director           For       For        Management
5.2   Reelect PricewaterhouseCoopers AG as      For       For        Management
      Auditors




============= BLACKROCK GLOBAL SCIENCE & TECHNOLOGY OPPORTUNITIES ==============
=============                      PORTFOLIO                      ==============

ITEM 1 PROXY VOTING RECORD

ACCENTURE LTD BERMUDA

Ticker:       ACN            Security ID:  G1150G111
Meeting Date: FEB 5, 2004    Meeting Type: Annual
Record Date:  DEC 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Appoint Dennis F. Hightower, William L.   For       For        Management
      Kimsey, Robert I. Lipp, and Wulf von
      Schimmelmann as Directors
2     Approve KPMG LLP as Independent Auditors  For       For        Management
      and Authorize Board to Fix Their
      Remuneration
3     Transact Other Business (Non-Voting)      None      None       Management


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

ADC TELECOMMUNICATIONS, INC.

Ticker:       ADCT           Security ID:  000886101
Meeting Date: MAR 2, 2004    Meeting Type: Annual
Record Date:  JAN 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Annunziata         For       For        Management
1.2   Elect  Director John J. Boyle III         For       For        Management
1.3   Elect  Director Larry W. Wangberg         For       For        Management
1.4   Elect  Director Robert E. Switz           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management


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

AETNA INC.

Ticker:       AET            Security ID:  00817Y108
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Jack D. Kuehler           For       For        Management
1.9   Elect  Director Edward J. Ludwig          For       For        Management
1.10  Elect  Director Joseph P. Newhouse        For       For        Management
1.11  Elect  Director Judith Rodin              For       For        Management
1.12  Elect  Director John W. Rowe, M.D.        For       For        Management
1.13  Elect  Director Ronald A. Williams        For       For        Management
1.14  Elect  Director R. David Yost             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   Against    Shareholder
4     Limit Executive Compensation              Against   Against    Shareholder


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

AFFILIATED COMPUTER SERVICES, INC.

Ticker:       ACS            Security ID:  008190100
Meeting Date: OCT 30, 2003   Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Darwin Deason              For       For        Management
1.2   Elect Director Jeffrey A. Rich            For       For        Management
1.3   Elect Director Mark A. King               For       For        Management
1.4   Elect Director Joseph P. O'Neill          For       For        Management
1.5   Elect Director Frank A. Rossi             For       For        Management
1.6   Elect Director J. Livingston Kosberg      For       For        Management
1.7   Elect Director Dennis McCuistion          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


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

AGERE SYSTEMS INC

Ticker:       AGR.A          Security ID:  00845V100
Meeting Date: FEB 19, 2004   Meeting Type: Annual
Record Date:  DEC 22, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard L. Clemmer        For       For        Management
1.2   Elect  Director John T. Dickson           For       For        Management


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

ALKERMES, INC.

Ticker:       ALKS           Security ID:  01642T108
Meeting Date: SEP 9, 2003    Meeting Type: Annual
Record Date:  JUL 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dr. Floyd E. Bloom         For       For        Management
1.2   Elect Director Robert A. Breyer           For       For        Management
1.3   Elect Director Gerri Henwood              For       For        Management
1.4   Elect Director Paul J. Mitchell           For       For        Management
1.5   Elect Director Richard F. Pops            For       For        Management
1.6   Elect Director Dr. Alexander Rich         For       For        Management
1.7   Elect Director Dr. Paul Schimmel          For       For        Management
1.8   Elect Director Michael A. Wall            For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


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

AMKOR TECHNOLOGY, INC.

Ticker:       AMKR           Security ID:  031652100
Meeting Date: JUL 30, 2003   Meeting Type: Annual
Record Date:  JUN 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James J. Kim               For       Did Not    Management
                                                          Vote
1.2   Elect Director John N. Boruch             For       Did Not    Management
                                                          Vote
1.3   Elect Director Winston J. Churchill       For       Did Not    Management
                                                          Vote
1.4   Elect Director Thomas D. George           For       Did Not    Management
                                                          Vote
1.5   Elect Director Gregory K. Hinckley        For       Did Not    Management
                                                          Vote
1.6   Elect Director Juergen Knorr              For       Did Not    Management
                                                          Vote
1.7   Elect Director John B. Neff               For       Did Not    Management
                                                          Vote
1.8   Elect Director James W. Zug               For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

AMTRAN TECHNOLOGY

Ticker:                      Security ID:  Y0124Y109
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  APR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
2.3   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
2.4   Amend Articles of Association             For       Against    Management
2.5   Amend Nomination Procedures for the       For       Against    Management
      Board
2.6   Amend Rules and Procedures on Board       For       Against    Management
      Meeting
3     Other Business                            None      None       Management


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

AMYLIN PHARMACEUTICALS, INC.

Ticker:       AMLN           Security ID:  032346108
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Vaughn D. Bryson          For       For        Management
1.2   Elect  Director Joseph C. Cook, Jr.       For       For        Management
1.3   Elect  Director Ginger L. Graham          For       For        Management
1.4   Elect  Director Howard E. Greene, Jr.     For       For        Management
1.5   Elect  Director Terrence H. Gregg         For       For        Management
1.6   Elect  Director Jay S. Skyler             For       For        Management
1.7   Elect  Director Joseph P. Sullivan        For       For        Management
1.8   Elect  Director Thomas R. Testman         For       For        Management
1.9   Elect  Director James N. Wilson           For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


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

ANDRX CORP.

Ticker:       ADRX           Security ID:  034553107
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lawrence J. DuBow         For       For        Management
1.2   Elect  Director Elliot F. Hahn, Ph.D.     For       For        Management
1.3   Elect  Director Thomas P. Rice            For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


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

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JAN 20, 2004   Meeting Type: Special
Record Date:  DEC 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2:1 Stock Split                   For       For        Management
2     Approve 2004 Stock Option Plan            For       For        Management
3     Other Business (Voting)                   For       For        Management


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

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JUN 10, 2004   Meeting Type: Annual/Special
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       For        Management
2.1   Elect  Director William L. Hunter         For       For        Management
2.2   Elect  Director David T. Howard           For       For        Management
2.3   Elect  Director Hartley T. Richardson     For       For        Management
2.4   Elect  Director Edward M. Brown           For       For        Management
2.5   Elect  Director Arthur H. Willms          For       For        Management
2.6   Elect  Director Glen D. Nelson            For       For        Management
3     Ratify Auditors                           For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
5     Amend Articles Re: Remove Pre-Existing    For       For        Management
      Company Provisions
6     Approve Unlimited Capital Authorization   For       Against    Management
7     Adopt New Articles                        For       For        Management
8     Other Business                            For       For        Management


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

ANTIGENICS, INC.

Ticker:       AGEN           Security ID:  037032109
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Noubar Afeyan             For       Did Not    Management
                                                          Vote
1.2   Elect  Director Frank V. Atlee III        For       Did Not    Management
                                                          Vote
1.3   Elect  Director Pramod K. Srivastava      For       Did Not    Management
                                                          Vote
2     Amend Omnibus Stock Plan                  For       Did Not    Management
                                                          Vote


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

APPLIED MATERIALS, INC.

Ticker:       AMAT           Security ID:  038222105
Meeting Date: MAR 24, 2004   Meeting Type: Annual
Record Date:  JAN 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael H. Armacost       For       For        Management
1.2   Elect  Director Deborah A. Coleman        For       For        Management
1.3   Elect  Director Herbert M. Dwight, Jr.    For       For        Management
1.4   Elect  Director Philip V. Gerdine         For       For        Management
1.5   Elect  Director Paul R. Low               For       For        Management
1.6   Elect  Director Dan Maydan                For       For        Management
1.7   Elect  Director Steven L. Miller          For       For        Management
1.8   Elect  Director James C. Morgan           For       For        Management
1.9   Elect  Director Gerhard H. Parker         For       For        Management
1.10  Elect  Director Michael R. Splinter       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


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

APPLIED MICRO CIRCUITS CORP.

Ticker:       AMCC           Security ID:  03822W109
Meeting Date: AUG 27, 2003   Meeting Type: Annual
Record Date:  JUL 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David M. Rickey            For       For        Management
1.2   Elect Director Roger A. Smullen, Sr.      For       For        Management
1.3   Elect Director Cesar Cesaratto            For       For        Management
1.4   Elect Director Franklin P. Johnson, Jr.   For       For        Management
1.5   Elect Director Kevin N. Kalkhoven         For       For        Management
1.6   Elect Director L. Wayne Price             For       For        Management
1.7   Elect Director Douglas C. Spreng          For       For        Management
1.8   Elect Director Arthur B. Stabenow         For       For        Management
1.9   Elect Director Harvey P. White            For       For        Management
2     Ratify Auditors                           For       For        Management


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

AQUANTIVE, INC.

Ticker:       AQNT           Security ID:  03839G105
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter M. Neupert          For       For        Management
1.2   Elect  Director Linda J. Srere            For       For        Management
1.3   Elect  Director Jaynie M. Studenmund      For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

ARQULE, INC.

Ticker:       ARQL           Security ID:  04269E107
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Laura Avakian             For       For        Management
1.2   Elect  Director Werner Cautreels, Ph.D.   For       For        Management
1.3   Elect  Director Tuan Ha-Ngoc              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


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

ATMI, INC.

Ticker:       ATMI           Security ID:  00207R101
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert S. Hillas          For       For        Management
1.2   Elect  Director Michael J. Yomazzo        For       For        Management
2     Ratify Auditors                           For       For        Management


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

AUGUST TECHNOLOGY CORPORATION

Ticker:       AUGT           Security ID:  05106U105
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       For        Management
2.1   Elect  Director Jeff L. O'Dell            For       For        Management
2.2   Elect  Director Michael W. Wright         For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Ratify Auditors                           For       For        Management


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

AVAYA INC

Ticker:       AV             Security ID:  053499109
Meeting Date: FEB 26, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joseph P. Landy           For       For        Management
1.2   Elect  Director Mark Leslie               For       For        Management
1.3   Elect  Director Donald K. Peterson        For       For        Management
1.4   Elect  Director Anthony P. Terracciano    For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Limit Awards to Executives                Against   Against    Shareholder


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

BARR PHARMACEUTICALS INC

Ticker:       BRL            Security ID:  068306109
Meeting Date: OCT 23, 2003   Meeting Type: Annual
Record Date:  SEP 2, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Bruce L. Downey            For       Did Not    Management
                                                          Vote
1.2   Elect Director Paul M. Bisaro             For       Did Not    Management
                                                          Vote
1.3   Elect Director Carole S. Ben-Maimon       For       Did Not    Management
                                                          Vote
1.4   Elect Director George P. Stephan          For       Did Not    Management
                                                          Vote
1.5   Elect Director Jack M. Kay                For       Did Not    Management
                                                          Vote
1.6   Elect Director Harold N. Chefitz          For       Did Not    Management
                                                          Vote
1.7   Elect Director Richard R. Frankovic       For       Did Not    Management
                                                          Vote
1.8   Elect Director Peter R. Seaver            For       Did Not    Management
                                                          Vote
1.9   Elect Director James S. Gilmore, III      For       Did Not    Management
                                                          Vote
2     Change State of Incorporation from New    For       Did Not    Management
      York to Delaware                                    Vote
3     Increase Authorized Common Stock          For       Did Not    Management
                                                          Vote


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

BEA SYSTEMS, INC.

Ticker:       BEAS           Security ID:  073325102
Meeting Date: JUL 11, 2003   Meeting Type: Annual
Record Date:  MAY 27, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William T. Coleman III     For       For        Management
1.2   Elect Director Dale Crandall              For       For        Management
1.3   Elect Director William H. Janeway         For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


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

BIACORE INTERNATIONAL AB

Ticker:       BCOR           Security ID:  W1594P109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting                 For       For        Management
3     Prepare and Approve List of Shareholders  For       For        Management
4     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
5     Approve Agenda of Meeting                 For       For        Management
6     Acknowledge Proper Convening of Meeting   For       For        Management
7     Receive President's and Committee Reports None      None       Management
8     Receive Financial Statements and          None      None       Management
      Statutory Reports
9.1   Accept Financial Statements and Statutory For       For        Management
      Reports
9.2   Approve Allocation of Income and          For       For        Management
      Dividends of SEK 3 Per Share
9.3   Approve Discharge of Board and President  For       For        Management
10    Determine Number of Members (8) and       For       For        Management
      Deputy Members (0) of Board
11    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 2 Million
12    Reelect Lars-Goeran Andren, Gordon Edge,  For       For        Management
      Tom Erixon, Ulf Joensson, Donald Parfet,
      Mats Pettersson, and Marc van Regenmortel
      as Directors; Elect Donna Janson as New
      Director
13    Determine Number of Auditors (One Audit   For       For        Management
      Firm)
14    Approve Remuneration of Auditors          For       For        Management
15    Ratify PricewaterhouseCoopers AB as       For       For        Management
      Auditors
16.1  Authorize Chairman of Board to Appoint at For       Against    Management
      Least Three Representatives of Company's
      Largest Shareholders to Serve on
      Nominating Committee
16.2  Shareholder Proposal: Authorize General   Against   For        Shareholder
      Meeting to Elect Members of Nominating
      Committee


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

BIOGEN, INC.

Ticker:                      Security ID:  090597105
Meeting Date: NOV 12, 2003   Meeting Type: Special
Record Date:  SEP 25, 2003

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


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

BOOKHAM TECHNOLOGY

Ticker:                      Security ID:  09856Q108
Meeting Date: MAR 5, 2004    Meeting Type: Special
Record Date:  JAN 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THAT THE ACQUISITION BY WAY OF MERGER OF  For       For        Management
      NEW FOCUS, INC. (THE  ACQUISITION ) UPON
      THE TERMS AND CONDITIONS OF THE AGREEMENT
      DATED 21 SEPTEMBER 2003 BE AND IS HEREBY
      APPROVED.
2     SUBJECT TO THE PASSING OF RESOLUTION 1,   For       For        Management
      THAT THE AUTHORISED SHARE CAPITAL OF THE
      COMPANY BE AND IS HEREBY INCREASED FROM
      1,000,000 POUNDS TO 1,500,000 POUNDS BY
      THE CREATION OF 150,000,000 ADDITIONAL
      ORDINARY SHARES OF 1/3P EACH IN THE
      CAPITAL OF THE COM
3     SUBJECT TO THE PASSING OF RESOLUTION 2,   For       For        Management
      THAT THE DIRECTORS BE AND ARE HEREBY
      GENERALLY AND UNCONDITIONALLY AUTHORISED
      TO EXERCISE ALL THE POWERS OF THE COMPANY
      TO ALLOT RELEVANT SECURITIES.
4     TO AUTHORISE THE DIRECTORS GENERALLY AND  For       For        Management
      UNCONDITIONALLY TO EXERCISE THE POWERS OF
      THE COMPANY TO ALLOT RELEVANT SECURITIES.
5     SUBJECT TO THE PASSING OF RESOLUTION 4,   For       For        Management
      THAT THE DIRECTORS BE AND ARE HEREBY
      EMPOWERED TO ALLOT EQUITY SECURITIES.


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

BOOKHAM TECHNOLOGY

Ticker:                      Security ID:  09856Q108
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE THE ACCOUNTS, TOGETHER WITH    For       For        Management
      THE DIRECTORS  REPORT, THE DIRECTORS
      REMUNERATION REPORT AND AUDITORS  REPORT.
2     TO APPROVE THE DIRECTOR S REMUNERATION    For       For        Management
      REPORT AS SET OUT IN THE ANNUAL REPORT
      AND ACCOUNTS FOR THE FINANCIAL YEAR ENDED
      31 DECEMBER 2003.
3     TO RE-ELECT ROBERT RICKMAN AS A DIRECTOR  For       For        Management
      OF THE COMPANY.
4     TO ELECT DR. PETER BORDUI AS A DIRECTOR   For       For        Management
      OF THE COMPANY.
5     TO ELECT DR. WINSTON FU AS A DIRECTOR OF  For       For        Management
      THE COMPANY.
6     Ratify Auditors                           For       For        Management
7     TO AUTHORISE THE DIRECTORS GENERALLY AND  For       For        Management
      UNCONDITIONALLY PURSUANT TO SECTION 80 OF
      THE COMPANIES ACT 1985 TO EXERCISE ALL
      THE POWERS OF THE COMPANY TO ALLOT
      RELEVANT SECURITIES.
8     SUBJECT TO THE PASSING OF RESOLUTION 7    For       For        Management
      ABOVE, THAT THE DIRECTORS BE AND ARE
      HEREBY EMPOWERED TO ALLOT EQUITY
      SECURITIES.
9     THAT THE COMPANY IS GENERALLY AND         For       For        Management
      UNCONDITIONALLY HEREBY AUTHORISED TO MAKE
      MARKET PURCHASES OF ANY OF ITS ORDINARY
      SHARES.


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

BOSTON SCIENTIFIC CORP.

Ticker:       BSX            Security ID:  101137107
Meeting Date: OCT 6, 2003    Meeting Type: Special
Record Date:  AUG 27, 2003

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


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

BROOKS AUTOMATION, INC.

Ticker:       BRKS           Security ID:  114340102
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Therrien        For       For        Management
1.2   Elect  Director Roger D. Emerick          For       For        Management
1.3   Elect  Director Amin J. Khoury            For       For        Management
1.4   Elect  Director Joseph R. Martin          For       For        Management
1.5   Elect  Director Edward C. Grady           For       For        Management
1.6   Elect  Director A. Clinton Allen          For       For        Management
1.7   Elect  Director John K. McGillicuddy      For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management


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

CALIPER LIFE SCIENCES INC.

Ticker:       CALP           Security ID:  130872104
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Van Billet                For       For        Management
1.2   Elect  Director Robert C. Bishop, Ph.D.   For       For        Management
1.3   Elect  Director David V. Milligan, Ph.D.  For       For        Management
2     Ratify Auditors                           For       For        Management


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

CAREMARK RX, INC.

Ticker:       CMX            Security ID:  141705103
Meeting Date: MAR 22, 2004   Meeting Type: Special
Record Date:  FEB 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management
2     Approve Issuance of Stock in Connection   For       For        Management
      with Merger Agreement
3     Increase Authorized Preferred Stock       For       Against    Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Allow Postponement or Adjournment of      For       For        Management
      Special Meeting


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

CENTILLIUM COMMUNICATIONS, INC.

Ticker:       CTLM           Security ID:  152319109
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Irwin Federman            For       For        Management
1.2   Elect  Director Robert C. Hawk            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


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

CHI MEI OPTOELECTRONIC CORP

Ticker:                      Security ID:  Y1371Q104
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  MAY 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO AUTHORIZE THE CAPITALIZATION OF STOCK  For       Did Not    Management
      DIVIDENDS AND EMPLOYEE BONUSES.                     Vote
2     TO AUTHORIZE THE PRIVATE PLACEMENT OF     For       Did Not    Management
      PREFERRED SHARES.                                   Vote
3     TO AUTHORIZE THE AMENDMENT TO THE         For       Did Not    Management
      ARTICLES OF INCORPORATION.                          Vote
4     TO AUTHORIZE THE RE-ELECTION OF THE       For       Did Not    Management
      DIRECTORS AND SUPERVISORS.                          Vote
5     TO AUTHORIZE THE RELEASE OF THE           For       Did Not    Management
      DIRECTORS(S)  LIABILITY FOR COMPETING               Vote
      WITH THE COMPANY.


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

CHUGAI PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  J06930101
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 13, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
5     Approve Executive Stock Option Plan       For       For        Management
6     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion


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

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R102
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Carol A. Bartz             For       For        Management
1.2   Elect Director Larry R. Carter            For       For        Management
1.3   Elect Director John T. Chambers           For       For        Management
1.4   Elect Director Dr. James F. Gibbons       For       For        Management
1.5   Elect Director Dr. John L. Hennessy       For       For        Management
1.6   Elect Director Roderick C. McGeary        For       For        Management
1.7   Elect Director James C. Morgan            For       For        Management
1.8   Elect Director John P. Morgridge          For       For        Management
1.9   Elect Director Donald T. Valentine        For       For        Management
1.10  Elect Director Steven M. West             For       For        Management
1.11  Elect Director Jerry Yang                 For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Company Products Used by the    Against   Against    Shareholder
      Government to Monitor the Internet
5     Report on Pay Disparity                   Against   Against    Shareholder


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

CITRIX SYSTEMS, INC.

Ticker:       CTXS           Security ID:  177376100
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark B. Templeton         For       For        Management
1.2   Elect  Director Kevin R. Compton          For       For        Management
1.3   Elect  Director Stephen M. Dow            For       For        Management
2     Expense Stock Options                     Against   For        Shareholder


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

COMPUTER SCIENCES CORPORATION

Ticker:       CSC            Security ID:  205363104
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Irving W. Bailey, II       For       For        Management
1.2   Elect Director Stephen L. Baum            For       For        Management
1.3   Elect Director Rodney F. Chase            For       For        Management
1.4   Elect Director Van B. Honeycutt           For       For        Management
1.5   Elect Director William R. Hoover          For       For        Management
1.6   Elect Director Leon J. Level              For       For        Management
1.7   Elect Director Thomas A. McDonnell        For       For        Management
1.8   Elect Director F. Warren McFarlan         For       For        Management
1.9   Elect Director James R. Mellor            For       For        Management
1.10  Elect Director William P. Rutledge        For       For        Management


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

CORGENTECH INC.

Ticker:       CGTK           Security ID:  21872P105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Victor J. Dzau, M.D.       For       For        Management
1.2   Elect Director John P. Mclaughlin         For       For        Management
2     Ratify Auditors                           For       For        Management


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

DENDREON CORP.

Ticker:       DNDN           Security ID:  24823Q107
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gerardo Canet             For       For        Management
1.2   Elect  Director Bogdan Dziurzynski        For       For        Management
1.3   Elect  Director Douglas Watson            For       For        Management


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

DIGITAS INC

Ticker:       DTAS           Security ID:  25388K104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert R. Glatz           For       For        Management
1.2   Elect  Director David W. Kenny            For       For        Management


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

EARTHLINK, INC.

Ticker:       ELNK           Security ID:  270321102
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Linwood A. Lacy, Jr.      For       For        Management
1.2   Elect  Director Terrell B. Jones          For       For        Management
1.3   Elect  Director William H. Harris, Jr.    For       For        Management
1.4   Elect  Director Thomas E. Wheeler         For       For        Management
2     Ratify Auditors                           For       For        Management


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

EMULEX CORP.

Ticker:       ELX            Security ID:  292475209
Meeting Date: NOV 20, 2003   Meeting Type: Annual
Record Date:  OCT 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Fred B. Cox                For       For        Management
1.2   Elect Director Michael P. Downey          For       For        Management
1.3   Elect Director Bruce C. Edwards           For       For        Management
1.4   Elect Director Paul F. Folino             For       For        Management
1.5   Elect Director Robert H. Goon             For       For        Management
1.6   Elect Director Don M. Lyle                For       For        Management
2     Approve Option Exchange Program           For       For        Management
3     Ratify Auditors                           For       For        Management


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

EYETECH PHARMACEUTICALS, INC.

Ticker:       EYET           Security ID:  302297106
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John P. Mclaughlin        For       For        Management
1.2   Elect  Director Srinivas Akkaraju         For       For        Management
1.3   Elect  Director Michael G. Mullen         For       For        Management
2     Ratify Auditors                           For       For        Management


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

FLAMEL TECHNOLOGIES S.A.

Ticker:       FLML           Security ID:  338488109
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAY 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THE SHAREHOLDERS  MEETING, AFTER HAVING   For       For        Management
      TAKEN COGNIZANCE OF THE FINANCIAL
      STATEMENTS FOR THE FINANCIAL YEAR ENDED
      ON 2003
2     THE SHAREHOLDERS MEETING DECIDES TO       For       For        Management
      ALLOCATE THE PROFITS FOR THE FINANCIAL
      YEAR ENDED ON DECEMBER 31, 2003
3     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      GERARD SOULA EXPIRES AT THIS MEETING
4     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      STEVE WILLARD EXPIRES AT THIS MEETING
5     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      RAUL CESAN EXPIRES AT THIS MEETING
6     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      WILLIAM DEARSTYNE EXPIRES AT THIS MEETING
7     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      MICHEL GRECO EXPIRES AT THIS MEETING
8     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      JEAN NOEL TREILLES EXPIRES AT THIS
      MEETING
9     IN ACCORDANCE WITH SECTION 223 QUATER OF  For       For        Management
      THE GENERAL TAX CODE WERE INCURRED DURING
      THE FINANCIAL YEAR
10    THE STATUTORY AUDITOR S SPECIAL REPORT    For       For        Management
      REGARDING THE AGREEMENTS REFERRED TO IN
      SECTIONS L. 225-38
11    THE STATUTORY AUDITOR S SPECIAL REPORT    For       For        Management
      REGARDING THE AGREEMENTS REFERRED TO IN
      SECTIONS L. 225-38
12    THE BOARD OF DIRECTORS  REPORT AND OF THE For       For        Management
      STATUTORY AUDITOR S SPECIAL REPORT THE
      GENERAL SHAREHOLDERS  MEETING
13    THE PRECEDING RESOLUTION AND HAVING THE   For       For        Management
      BOARD OF DIRECTORS REPORT AND OF THE
      STATUTORY AUDITOR S SPECIAL REPORT
14    THE ADOPTION OF THE TWO PRECEDING         For       For        Management
      RESOLUTIONS
15    THE SHAREHOLDERS MEETING GRANTS A POWER   For       For        Management
      OF ATTORNEY


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

FLAMEL TECHNOLOGIES S.A.

Ticker:       FLML           Security ID:  338488109
Meeting Date: NOV 7, 2003    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan to
      Regularize Failure to Submit this Capital
      Increase to Shareholder Vote in
      Accordance with Legal Requirements at
      Company's July 19, 2001, EGM0
2     Confirm Capital Increase in Item 1 and    For       For        Management
      Authorize Board to Make Necessary Changes
      to Reflect Above Resolution
3     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan to
      Regularize Failure to Submit this Capital
      Increase to Shareholder Vote in
      Accordance with Legal Requirements at
      Company's Dec. 19, 2001, EGM
4     Confirm Capital Increase in Item 3 and    For       For        Management
      Authorize Board to Make Necessary Changes
      to Reflect Above Resolution
5     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan to
      Regularize Failure to Submit this Capital
      Increase to Shareholder Vote in
      Accordance with Legal Requirements at
      Company's June 20, 2002, EGM
6     Confirm Capital Increase in Item 3 and    For       For        Management
      Authorize Board to Make Necessary Changes
      to Reflect Above Resolution
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan to
      Regularize Failure to Submit this Capital
      Increase to Shareholder Vote in
      Accordance with Legal Requirements at
      Company's Sept. 19, 2002, EGM
8     Confirm Capital Increase in Item 7 and    For       For        Management
      Authorize Board to Make Necessary Changes
      to Reflect Above Resolution
9     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan to
      Regularize Failure to Submit this Capital
      Increase to Shareholder Vote in
      Accordance with Legal Requirements at
      Company's Feb. 18, 2003, EGM
10    Confirm Capital Increase in Item 9 and    For       For        Management
      Authorize Board to Make Necessary Changes
      to Reflect Above Resolution
11    Approve Issuance of 120,000 Warrants to   For       Against    Management
      Raul Cesan, Michel Greco, and William
      Deastyne
12    Confirm That Issuance in Item 11 Does Not For       Against    Management
      Respect Preemptive Rights
13    Approve Issuance of 120,000 Shares to     For       Against    Management
      Allow for Conversion of 120,000 Warrants
      Reserved to Raul Cesan, Michel Greco, and
      William Dearstyne (Item 11)
14    Approve Issuance of 80,000 Warrants to    For       Against    Management
      Raul Cesan, Michel Greco, William
      Dearstyne, and Jean-Noel Treilles
15    Confirm That Issuance in Item 14 Does Not For       Against    Management
      Respect Preemptive Rights
16    Approve Issuance of 80,000 Shares to      For       Against    Management
      Allow for Conversion of 80,000 Warrants
      Reserved to Raul Cesan, Michel Greco,
      William Dearstyne, and Jean-Noel Treilles
      (Item 14)
17    Approve Stock Option Plan Grants; Reserve For       Against    Management
      One Million Shares for Grants
18    Approve Capital Increase Reserved for     For       Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
19    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

FLEXTRONICS INTERNATIONAL LTD.

Ticker:       FLEX           Security ID:  Y2573F102
Meeting Date: SEP 30, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Reelect Richard Sharp as Director         For       For        Management
2a    Reelect James Davidson as Director        For       For        Management
2b    Reelect Lip-Bu Tan as Director            For       For        Management
3     Reelect Patrick Foley as Director         For       For        Management
4     Reappoint Deloitte & Touche as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
5     Amend 1997 Employee Share Purchase Plan   For       For        Management
6     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
7     Approve Nonexecutive Directors' Fees      For       For        Management
8     Authorize Share Repurchase Program        For       For        Management


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

FOREST LABORATORIES, INC.

Ticker:       FRX            Security ID:  345838106
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 20, 2003

#     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, M.D.     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     Ratify Auditors                           For       For        Management


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

GENERAL CABLE CORP.

Ticker:       BGC            Security ID:  369300108
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeffrey Noddle            For       For        Management
1.2   Elect  Director John E. Welsh, III        For       For        Management
2     Ratify Auditors                           For       For        Management


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

GILEAD SCIENCES, INC.

Ticker:       GILD           Security ID:  375558103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     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
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     Approve Omnibus Stock Plan                For       For        Management
4     Increase Authorized Common Stock          For       For        Management


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

GLOBESPANVIRATA INC.

Ticker:       GSPN           Security ID:  37957V106
Meeting Date: OCT 16, 2003   Meeting Type: Annual
Record Date:  AUG 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Armando Geday              For       For        Management
1.2   Elect Director Bami Bastani               For       For        Management
1.3   Elect Director Steven J. Bilodeau         For       For        Management
1.4   Elect Director Gary Bloom                 For       For        Management
1.5   Elect Director Dipanjan Deb               For       For        Management
1.6   Elect Director John Marren                For       For        Management
1.7   Elect Director Garry K. McGuire, Sr.      For       For        Management
1.8   Elect Director Giuseppe Zocco             For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
4     Ratify Auditors                           For       For        Management


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

GUILFORD PHARMACEUTICALS INC.

Ticker:       GLFD           Security ID:  401829106
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Craig R. Smith, M.D.      For       For        Management
1.2   Elect  Director George L. Bunting, Jr.    For       For        Management
1.3   Elect  Director Joseph R. Chinnici        For       For        Management
1.4   Elect  Director Barry M. Fox              For       For        Management
1.5   Elect  Director Elizabeth M. Greetham     For       For        Management
1.6   Elect  Director Joseph Klein, III         For       For        Management
1.7   Elect  Director Ronald M. Nordmann        For       For        Management
1.8   Elect  Director Solomon H. Snyder, M.D.   For       For        Management
1.9   Elect  Director David C. U'Prichard,      For       For        Management
      Ph.D.
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management


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

HARRIS CORP.

Ticker:       HRS            Security ID:  413875105
Meeting Date: OCT 24, 2003   Meeting Type: Annual
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph L. Dionne           For       For        Management
1.2   Elect Director David B. Rickard           For       For        Management
1.3   Elect Director Gregory T. Swienton        For       For        Management
2     Ratify Auditors                           For       For        Management


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

HEWLETT-PACKARD CO.

Ticker:       HPQ            Security ID:  428236103
Meeting Date: MAR 17, 2004   Meeting Type: Annual
Record Date:  JAN 20, 2004

#     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 C.S. Fiorina              For       For        Management
1.4   Elect  Director R.A. Hackborn             For       For        Management
1.5   Elect  Director G.A. Keyworth II          For       For        Management
1.6   Elect  Director R.E. Knowling, Jr.        For       For        Management
1.7   Elect  Director S.M. Litvack              For       For        Management
1.8   Elect  Director R.L. Ryan                 For       For        Management
1.9   Elect  Director L.S. Salhany              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder


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

HON HAI PRECISION INDUSTRY

Ticker:       HNHXY          Security ID:  Y36861105
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Indirect Investment     None      None       Management
1.4   Receive Report on Overseas Convetible     None      None       Management
      Bonds
1.5   Receive Report on Mergers and Acquisition None      None       Management
1.6   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
2.3   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
2.4   Approve New Rights Issue to Sponsor       For       For        Management
      Depository Receipts Offering
2.5   Amend Articles of Association             For       For        Management
2.6   Elect Directors and Supervisors           For       For        Management
2.7   Approve Release of Restrictions of        For       For        Management
      Competitive Activities  of  Directors
3     Other Business                            None      None       Management


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

INTEGRATED CIRCUIT SYSTEMS, INC.

Ticker:       ICST           Security ID:  45811K208
Meeting Date: OCT 29, 2003   Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Hock E. Tan                For       For        Management
1.2   Elect Director Nam P. Suh, Ph.D.          For       For        Management


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

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     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 Andrew S. Grove           For       For        Management
1.5   Elect  Director D. James Guzy             For       For        Management
1.6   Elect  Director Reed E. Hundt             For       For        Management
1.7   Elect  Director Paul S. Otellini          For       For        Management
1.8   Elect  Director David S. Pottruck         For       For        Management
1.9   Elect  Director Jane E. Shaw              For       For        Management
1.10  Elect  Director John L. Thornton          For       For        Management
1.11  Elect  Director David B. Yoffie           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder
5     Limit/Prohibit Awards to Executives       Against   For        Shareholder
6     Performance- Based/Indexed Options        Against   For        Shareholder


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

INTERNATIONAL RECTIFIER CORP.

Ticker:       IRF            Security ID:  460254105
Meeting Date: JAN 26, 2004   Meeting Type: Special
Record Date:  DEC 19, 2003

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


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

INTERNATIONAL RECTIFIER CORP.

Ticker:       IRF            Security ID:  460254105
Meeting Date: NOV 24, 2003   Meeting Type: Annual
Record Date:  SEP 26, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James D. Plummer           For       For        Management
1.2   Elect Director Minoru Matsuda             For       For        Management
1.3   Elect Director Robert S. Attiyeh          For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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

INTERSIL CORPORATION

Ticker:       ISIL           Security ID:  46069S109
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gregory L. Williams       For       For        Management
1.2   Elect  Director Richard M. Beyer          For       For        Management
1.3   Elect  Director Dr. Robert W. Conn        For       For        Management
1.4   Elect  Director James V. Diller           For       For        Management
1.5   Elect  Director Gary E. Gist              For       For        Management
1.6   Elect  Director Jan Peeters               For       For        Management
1.7   Elect  Director Robert N. Pokelwaldt      For       For        Management
1.8   Elect  Director James A. Urry             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


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

INVERESK RESEARCH GROUP, INC

Ticker:       IRGI           Security ID:  461238107
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John T. Henderson         For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


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

INVITROGEN CORP.

Ticker:       IVGN           Security ID:  46185R100
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Raymond V. Dittamore      For       For        Management
1.2   Elect  Director Bradley G. Lorimier       For       For        Management
1.3   Elect  Director David U'Prichard, Ph.D.   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


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

JUNIPER NETWORKS, INC.

Ticker:       JNPR           Security ID:  48203R104
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pradeep Sindhu            For       For        Management
1.2   Elect  Director Robert M. Calderoni       For       For        Management
1.3   Elect  Director Kenneth Levy              For       For        Management
2     Ratify Auditors                           For       For        Management


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

JUNIPER NETWORKS, INC.

Ticker:       JNPR           Security ID:  48203R104
Meeting Date: APR 16, 2004   Meeting Type: Special
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition


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

KLA-TENCOR CORP.

Ticker:       KLAC           Security ID:  482480100
Meeting Date: NOV 5, 2003    Meeting Type: Annual
Record Date:  SEP 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.a   Elect Director H. Raymond Bingham         For       For        Management
1.b   Elect Director Robert T. Bond             For       For        Management
1.c   Elect Director Richard J. Elkus, Jr.      For       For        Management
1.d   Elect Director Michael E. Marks           For       For        Management
2     Ratify Auditors                           For       For        Management


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

LEXICON GENETICS, INC.

Ticker:       LEXG           Security ID:  528872104
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Lefkowitz, M.D. For       For        Management
1.2   Elect  Director Alan S. Nies, M.D.        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

LINEAR TECHNOLOGY CORP.

Ticker:       LLTC           Security ID:  535678106
Meeting Date: NOV 5, 2003    Meeting Type: Annual
Record Date:  SEP 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert H. Swanson, Jr.     For       For        Management
1.2   Elect Director David S. Lee               For       For        Management
1.3   Elect Director Leo T. McCarthy            For       For        Management
1.4   Elect Director Richard M. Moley           For       For        Management
1.5   Elect Director Thomas S. Volpe            For       For        Management
2     Ratify Auditors                           For       For        Management


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

LITE-ON TECHNOLOGY CORP.

Ticker:                      Security ID:  Y5313K109
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Mergers and Acquisition None      None       Management
1.4   Amend Endorsement and Guarantee Operating None      None       Management
      Guidelines
1.5   Receive Report on Issuance of Domestic    None      None       Management
      Convertible Bonds
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
2.3   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
2.4   Amend Operating Procedures for the Loan   For       For        Management
      of Funds to Other  Parties, and
      Endorsement and Guarantee
2.5   Amend Articles of Association             For       For        Management
3     Elect Directors and Supervisors           For       For        Management
4     Approve Release of Restrictions of        For       For        Management
      Competitive Activities  of  Directors
5     Other Business                            None      None       Management


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

MASTEC, INC.

Ticker:       MTZ            Security ID:  576323109
Meeting Date: DEC 10, 2003   Meeting Type: Special
Record Date:  NOV 5, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Omnibus Stock Plan                  For       For        Management


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

MAXIM INTEGRATED PRODUCTS, INC.

Ticker:       MXIM           Security ID:  57772K101
Meeting Date: NOV 13, 2003   Meeting Type: Annual
Record Date:  SEP 15, 2003

#     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 Stock Option Plan                   For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Ratify Auditors                           For       For        Management


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

MAXTOR CORP.

Ticker:       MXO            Security ID:  577729205
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Paul J. Tufano            For       For        Management
1.2   Elect  Director Charles M. Boesenberg     For       For        Management
1.3   Elect  Director Michael R. Cannon         For       For        Management
2     Ratify Auditors                           For       For        Management


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

MEDIACOM COMMUNICATIONS CORP.

Ticker:       MCCC           Security ID:  58446K105
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Rocco B. Commisso         For       For        Management
1.2   Elect  Director Craig S. Mitchell         For       For        Management
1.3   Elect  Director William S. Morris III     For       For        Management
1.4   Elect  Director Thomas V. Reifenheiser    For       For        Management
1.5   Elect  Director Natale S. Ricciardi       For       For        Management
1.6   Elect  Director Mark E. Stephan           For       For        Management
1.7   Elect  Director Robert L. Winikoff        For       For        Management
2     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
3     Ratify Auditors                           For       For        Management


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

MEDICIS PHARMACEUTICAL CORP.

Ticker:       MRX            Security ID:  584690309
Meeting Date: NOV 19, 2003   Meeting Type: Annual
Record Date:  OCT 10, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arthur G. Altschul, Jr.    For       For        Management
1.2   Elect Director Philip S. Schein, M.D.     For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


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

MEDIMMUNE, INC.

Ticker:       MEDI           Security ID:  584699102
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Wayne T. Hockmeyer        For       For        Management
1.2   Elect  Director David M. Mott             For       For        Management
1.3   Elect  Director David Baltimore           For       For        Management
1.4   Elect  Director M. James Barrett          For       For        Management
1.5   Elect  Director Melvin D. Booth           For       For        Management
1.6   Elect  Director James H. Cavanaugh        For       For        Management
1.7   Elect  Director Barbara Hackman Franklin  For       For        Management
1.8   Elect  Director Gordon S. Macklin         For       For        Management
1.9   Elect  Director Elizabeth H. S. Wyatt     For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

MEMC ELECTRONIC MATERIALS, INC.

Ticker:       WFR            Security ID:  552715104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John Marren               For       For        Management
1.2   Elect  Director William E. Stevens        For       For        Management
1.3   Elect  Director William D. Watkins        For       For        Management
1.4   Elect  Director James B. Williams         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management
5     Amend Omnibus Stock Plan                  For       For        Management


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

MICRON TECHNOLOGY, INC.

Ticker:       MU             Security ID:  595112103
Meeting Date: NOV 21, 2003   Meeting Type: Annual
Record Date:  SEP 22, 2003

#     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
1.3   Elect Director Robert A. Lothrop          For       For        Management
1.4   Elect Director Thomas T. Nicholson        For       For        Management
1.5   Elect Director Gordon C. Smith            For       For        Management
1.6   Elect Director William P. Weber           For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Ratify Auditors                           For       For        Management


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

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     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 Wm. G. Reed, Jr.           For       For        Management
1.10  Elect Director Jon A. Shirley             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Refrain from Giving Charitable            Against   Against    Shareholder
      Contributions


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

MKS INSTRUMENTS, INC.

Ticker:       MKSI           Security ID:  55306N104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James G. Berges           For       For        Management
1.2   Elect  Director Richard S. Chute          For       For        Management
1.3   Elect  Director Owen W. Robbins           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Amend Employee Stock Purchase Plan        For       For        Management
6     Ratify Auditors                           For       For        Management


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

MOLINA HEALTHCARE, INC.

Ticker:       MOH            Security ID:  60855R100
Meeting Date: DEC 4, 2003    Meeting Type: Annual
Record Date:  NOV 7, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director George S. Goldstein, Ph.D. For       For        Management
1.2   Elect Director Ronald Lossett, CPA,       For       For        Management
      D.B.A.
2     Ratify Auditors                           For       For        Management


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

MOTOROLA, INC.

Ticker:       MOT            Security ID:  620076109
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward Zander             For       For        Management
1.2   Elect  Director H. Laurence Fuller        For       For        Management
1.3   Elect  Director Judy Lewent               For       For        Management
1.4   Elect  Director Walter Massey             For       For        Management
1.5   Elect  Director Nicholas Negroponte       For       For        Management
1.6   Elect  Director Indra Nooyi               For       For        Management
1.7   Elect  Director John Pepper, Jr.          For       For        Management
1.8   Elect  Director Samuel Scott III          For       For        Management
1.9   Elect  Director Douglas Warner III        For       For        Management
1.10  Elect  Director John White                For       For        Management
1.11  Elect  Director Mike Zafirovski           For       For        Management
2     Limit Executive Compensation              Against   Against    Shareholder
3     Limit Awards to Executives                Against   Against    Shareholder


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

NATIONAL SEMICONDUCTOR CORP.

Ticker:       NSM            Security ID:  637640103
Meeting Date: SEP 26, 2003   Meeting Type: Annual
Record Date:  AUG 14, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Brian L. Halla             For       For        Management
1.2   Elect Director Steven R. Appleton         For       For        Management
1.3   Elect Director Gary P. Arnold             For       For        Management
1.4   Elect Director Richard J. Danzig          For       For        Management
1.5   Elect Director Robert J. Frankenberg      For       For        Management
1.6   Elect Director E. Floyd Kvamme            For       For        Management
1.7   Elect Director Modesto A. Maidique        For       For        Management
1.8   Elect Director Edward R. Mccracken        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Employee Stock Purchase Plan      For       For        Management


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

NEKTAR THERAPEUTICS

Ticker:       NKTR           Security ID:  640268108
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Christopher A. Kuebler    For       For        Management
1.2   Elect  Director Irwin Lerner              For       For        Management
1.3   Elect  Director John S. Patton, Ph.D.     For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

NETSCREEN TECHNOLOGIES, INC.

Ticker:       NSCN           Security ID:  64117V107
Meeting Date: MAR 5, 2004    Meeting Type: Annual
Record Date:  JAN 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael L. Goguen         For       Did Not    Management
                                                          Vote
1.2   Elect  Director Robert D. Thomas          For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

NIPPON ELECTRIC GLASS CO. LTD.

Ticker:                      Security ID:  J53247110
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

NITROMED, INC.

Ticker:       NTMD           Security ID:  654798503
Meeting Date: JUN 14, 2004   Meeting Type: Annual
Record Date:  MAY 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. Karabelas, Ph.D.       For       For        Management
1.2   Elect  Director M.D. Loberg, Ph.D.        For       For        Management
1.3   Elect  Director Robert S. Cohen           For       For        Management
1.4   Elect  Director Zola Horovitz, Ph.D.      For       For        Management
1.5   Elect  Director Mark Leschly              For       For        Management
1.6   Elect  Director John W. Littlechild       For       For        Management
1.7   Elect  Director J. Loscalzo, Md, Ph.D     For       For        Management
1.8   Elect  Director Davey Scoon               For       For        Management
2     Ratify Auditors                           For       For        Management


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

NOKIA CORP.

Ticker:       NOK            Security ID:  654902204
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  JAN 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE INCOME STATEMENTS AND THE For       For        Management
      BALANCE SHEETS.
2     APPROVAL OF A DIVIDEND OF EUR 0.30 PER    For       For        Management
      SHARE.
3     APPROVAL OF THE DISCHARGE OF THE          For       For        Management
      CHAIRMAN, THE MEMBERS OF THE BOARD OF
      DIRECTORS AND THE PRESIDENT FROM
      LIABILITY.
4.1   Elect  Director Paul J. Collins           For       For        Management
4.2   Elect  Director Georg Ehrnrooth           For       For        Management
4.3   Elect  Director Bengt Holmstrom           For       For        Management
4.4   Elect  Director Per Karlsson              For       For        Management
4.5   Elect  Director Jorma Ollila              For       For        Management
4.6   Elect  Director Marjorie Scardino         For       For        Management
4.7   Elect  Director Vesa Vainio               For       For        Management
4.8   Elect  Director Arne Wessberg             For       For        Management
5     Ratify Auditors                           For       For        Management
6     APPROVAL OF THE PROPOSAL OF THE BOARD TO  For       For        Management
      REDUCE THE SHARE CAPITAL THROUGH
      CANCELLATION OF NOKIA SHARES HELD BY THE
      COMPANY
7     APPROVAL OF THE AUTHORIZATION TO THE      For       For        Management
      BOARD TO INCREASE THE SHARE CAPITAL OF
      THE COMPANY.
8     APPROVAL OF THE AUTHORIZATION TO THE      For       For        Management
      BOARD TO REPURCHASE NOKIA SHARES.
9     APPROVAL OF THE AUTHORIZATION TO THE      For       For        Management
      BOARD TO DISPOSE NOKIA SHARES HELD BY THE
      COMPANY.
10    APPROVAL OF THE PROPOSAL OF THE BOARD TO  For       For        Management
      INCREASE THE CAPITAL OF THE FOUNDATION OF
      NOKIA CORPORATION.
11    MARK THE  FOR  BOX IF YOU WISH TO         None      For        Management
      INSTRUCT THE DEPOSITARY TO GIVE A PROXY
      TO ANY ONE OF MARIANNA UOTINEN-TARKOMA,
      ESA KAUNISTOLA, BOTH LEGAL COUNSELS OF
      NOKIA CORPORATION, TO AUTHORIZE ANY OF
      THEM (WITH FULL POWER OF SUBSTITUTION) TO
      VOTE, IN THEIR DISCR


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

NPS PHARMACEUTICALS, INC.

Ticker:       NPSP           Security ID:  62936P103
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  APR 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Santo J. Costa            For       For        Management
1.2   Elect  Director John R. Evans             For       For        Management
1.3   Elect  Director James G. Groninger        For       For        Management
1.4   Elect  Director Hunter Jackson            For       For        Management
1.5   Elect  Director Joseph Klein III          For       For        Management
1.6   Elect  Director Donald E. Kuhla           For       For        Management
1.7   Elect  Director Thomas N. Parks           For       For        Management
1.8   Elect  Director Calvin R. Stiller         For       For        Management
1.9   Elect  Director Peter G. Tombros          For       For        Management
2     Ratify Auditors                           For       For        Management


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

NPS PHARMACEUTICALS, INC.

Ticker:       NPSP           Security ID:  62936P103
Meeting Date: AUG 21, 2003   Meeting Type: Annual
Record Date:  JUL 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Santo J. Costa, J.D.       For       For        Management
1.2   Elect Director John R. Evans, M.D.        For       For        Management
1.3   Elect Director James G. Groninger         For       For        Management
1.4   Elect Director Hunter Jackson, Ph.D.      For       For        Management
1.5   Elect Director Joseph Klein, III          For       For        Management
1.6   Elect Director Donald E. Kuhla, Ph.D.     For       For        Management
1.7   Elect Director Thomas N. Parks, Ph.D.     For       For        Management
1.8   Elect Director Calvin R. Stiller, M.D.    For       For        Management
1.9   Elect Director Peter G. Tombros           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management


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

NUVELO, INC.

Ticker:       NUVO           Security ID:  67072M301
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark L. Perry             For       For        Management
1.2   Elect  Director Barry L. Zubrow           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

ON SEMICONDUCTOR CORPORATION

Ticker:       ONNN           Security ID:  682189105
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Daniel McCranie        For       For        Management
1.2   Elect  Director Kevin Burns               For       For        Management
1.3   Elect  Director Justin T. Chang           For       For        Management
1.4   Elect  Director Emmanuel T. Hernandez     For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Amend Certificate of Designation of       For       For        Management
      Preferred Stock
5     Ratify Auditors                           For       For        Management


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

OPENTV CORP.

Ticker:                      Security ID:  G67543101
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAY 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert R. Bennett         For       For        Management
1.2   Elect  Director J. Timothy Bryan          For       For        Management
1.3   Elect  Director James A. Chiddix          For       For        Management
1.4   Elect  Director Jerry Machovina           For       For        Management
1.5   Elect  Director J. David Wargo            For       For        Management
1.6   Elect  Director Anthony G. Werner         For       For        Management
1.7   Elect  Director Michael Zeisser           For       For        Management
2     RATIFY OUR BOARD OF DIRECTORS  SELECTION  For       For        Management
      OF KPMG LLP AS OUR INDEPENDENT
      ACCOUNTANTS FOR OUR 2004 FISCAL YEAR.


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

ORACLE CORP.

Ticker:       ORCL           Security ID:  68389X105
Meeting Date: OCT 13, 2003   Meeting Type: Annual
Record Date:  AUG 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lawrence J. Ellison        For       For        Management
1.2   Elect Director Donald L. Lucas            For       For        Management
1.3   Elect Director Michael J. Boskin          For       For        Management
1.4   Elect Director Jeffrey O. Henley          For       For        Management
1.5   Elect Director Jack F. Kemp               For       For        Management
1.6   Elect Director Jeffrey 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
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
5     Implement China Principles                Against   Against    Shareholder


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

OSI PHARMACEUTICALS, INC.

Ticker:       OSIP           Security ID:  671040103
Meeting Date: MAR 17, 2004   Meeting Type: Annual
Record Date:  JAN 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert A. Ingram          For       For        Management
1.2   Elect  Director Colin Goddard, Ph.D.      For       For        Management
1.3   Elect  Director Edwin A. Gee, Ph.D.       For       For        Management
1.4   Elect  Director Michael Atieh             For       For        Management
1.5   Elect  Director G. Morgan Browne          For       For        Management
1.6   Elect  Director Daryl K. Granner, M.D.    For       For        Management
1.7   Elect  Director Walter M Lovenberg, Phd   For       For        Management
1.8   Elect  Director Viren Mehta               For       For        Management
1.9   Elect  Director Sir Mark Richmond, Phd    For       For        Management
1.10  Elect  Director John P. White             For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


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

PACKETEER, INC.

Ticker:       PKTR           Security ID:  695210104
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dave Cote                 For       For        Management
2     Ratify Auditors                           For       For        Management


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

PHOENIX PRECISION

Ticker:                      Security ID:  Y6973J101
Meeting Date: APR 5, 2004    Meeting Type: Annual
Record Date:  FEB 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2003
2     Receive Supervisors' Report               None      None       Management
3     Receive Report on the Execution of        None      None       Management
      Treasury Shares
4     Receive Report on the Amendment of        None      None       Management
      Employee Stock Option Plan
5     Receive Report on Issuance of Unsecured   None      None       Management
      Corporate Bonds
6     Accept Financial Statements and Statutory For       For        Management
      Reports
7     Approve Allocation of Income and          For       For        Management
      Dividends
8     Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
9     Amend Procedures on Shareholders' Meeting For       For        Management
10    Amend Board Meeting Procedures            For       For        Management
11    Amend Articles of Association             For       For        Management
12    Amend Endorsement and Guarantee Operating For       For        Management
      Guidelines
13    Amend Procedures Governing the Acqusition For       For        Management
      or Disposal of Assets
14    Amend Operating Procedures for the Loan   For       For        Management
      of Funds to Other  Parties
15    Approve Release of Restrictions of        For       For        Management
      Competitive Activities  of  Directors


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

PMC-SIERRA, INC.

Ticker:       PMCS           Security ID:  69344F106
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Bailey             For       For        Management
1.2   Elect  Director Alexandre Balkanski       For       For        Management
1.3   Elect  Director Richard Belluzzo          For       For        Management
1.4   Elect  Director James Diller              For       For        Management
1.5   Elect  Director Jonathan Judge            For       For        Management
1.6   Elect  Director William Kurtz             For       For        Management
1.7   Elect  Director Frank Marshall            For       For        Management
1.8   Elect  Director Lewis Wilks               For       For        Management
2     Ratify Auditors                           For       For        Management


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

POWERCHIP SEMICOND

Ticker:                      Security ID:  Y70810109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2003
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Unsecured Corporate Debt of Year 2003
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
3.1   Amend Procedures Governing the            For       For        Management
      Acquisition or Disposal of Assets
3.2   Amend Bylaws Re: Registered Capital       For       For        Management
3.3   Amend Bylaws Re: Registered Capital       For       For        Management
3.4   Amend Bylaws Re: Registered Capital       For       For        Management
3.5   Approve Increase of Registered Capital    For       For        Management
      and Issuance of Ordinary Shares to
      Participate the Issuance of Global
      Depository Receipt or Domestic Right
      Issue
3.6   Amend Bylaws Re: Registered Capital       For       For        Management
4     Other Business                            None      None       Management


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

QUALCOMM INC.

Ticker:       QCOM           Security ID:  747525103
Meeting Date: MAR 2, 2004    Meeting Type: Annual
Record Date:  JAN 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Adelia A. Coffman         For       For        Management
1.2   Elect  Director Raymond V. Dittamore      For       For        Management
1.3   Elect  Director Irwin Mark Jacobs         For       For        Management
1.4   Elect  Director Richard Sulpizio          For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


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

QUANTA COMPUTER INC.

Ticker:                      Security ID:  Y7174J106
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operating None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of Global  None      None       Management
      Depository Receipts (GDR)
1.4   Receive Report on Overseas Convetible     None      None       Management
      Bonds
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
3.1   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
3.2   Amend Articles of Association             For       For        Management
3.3   Elect Directors and Supervisors           For       For        Management
3.4   Approve Release of Restrictions of        For       For        Management
      Competitive Activities  of  Directors
4     Other Business                            None      None       Management


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

SAFENET, INC.

Ticker:       SFNT           Security ID:  78645R107
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  MAY 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anthony A. Caputo         For       For        Management
1.2   Elect  Director Walter W. Straub          For       For        Management
1.3   Elect  Director Arthur L. Money           For       For        Management
1.4   Elect  Director Thomas A. Brooks          For       For        Management
1.5   Elect  Director Andrew E. Clark           For       For        Management
1.6   Elect  Director Shelley A. Harrison       For       For        Management
1.7   Elect  Director Ira A. Hunt, Jr.          For       For        Management
1.8   Elect  Director Bruce R. Thaw             For       For        Management
2     Ratify Auditors                           For       For        Management


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

SAMPO CORPORATION

Ticker:                      Security ID:  Y74706105
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2003
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Endorsments and         None      None       Management
      Guarantees
1.4   Receive Report on Execution of Treasury   None      None       Management
      Stocks
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
3.1   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
3.2   Amend Articles of Association             For       For        Management
4     Other Business                            None      None       Management


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

SAMSUNG ELECTRONICS CO. LTD.

Ticker:       SSNHY          Security ID:  Y74718100
Meeting Date: FEB 27, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Appropriation of Income, with Total
      Dividend of KRW 5500 Per Share
2.1   Elect Two Outside Directors               For       For        Management
2.2   Appoint One Member of Audit Committee     For       For        Management
2.3   Elect One Executive Director              For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors


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

SCANSOFT, INC.

Ticker:       SSFT           Security ID:  80603P107
Meeting Date: AUG 11, 2003   Meeting Type: Special
Record Date:  JUN 30, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management


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

SEOUL SEMICONDUCTOR CO LTD

Ticker:                      Security ID:  Y7666J101
Meeting Date: JUL 11, 2003   Meeting Type: Special
Record Date:  JUN 14, 2003

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


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

SEOUL SEMICONDUCTOR CO LTD

Ticker:                      Security ID:  Y7666J101
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 250 Per Share
2     Amend Articles of Incorporation to Adjust For       For        Management
      Authorized Capital
3     Elect Director(s)                         For       For        Management
4     Appoint Auditor(s)                        For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors
6     Approve Limit on Remuneration of Auditors For       For        Management


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

SHIRE PHARMACEUTICALS GROUP PLC

Ticker:                      Security ID:  82481R106
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  MAY 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE AND CONSIDER THE DIRECTORS     For       For        Management
      REPORT AND ACCOUNTS FOR THE YEAR ENDED
      DECEMBER 31, 2003.
2     TO RE-ELECT DR JAMES HENRY CAVANAUGH AS A For       For        Management
      DIRECTOR.
3     TO RE-ELECT DR BARRY JOHN PRICE AS A      For       For        Management
      DIRECTOR.
4     TO ELECT MR ROBIN WILLIAM TURNBULL        For       For        Management
      BUCHANAN AS A DIRECTOR.
5     TO ELECT MR DAVID JOHN KAPPLER AS A       For       For        Management
      DIRECTOR.
6     Ratify Auditors                           For       For        Management
7     TO APPROVE THE DIRECTORS  REMUNERATION    For       For        Management
      REPORT.
8     TO AUTHORIZE THE ALLOTMENT OF SHARES.     For       For        Management
9     TO AUTHORIZE THE DISAPPLICATION OF        For       For        Management
      PRE-EMPTION RIGHTS.
10    TO AUTHORIZE MARKET PURCHASES.            For       For        Management
11    TO AUTHORIZE DONATIONS TO EU POLITICAL    For       For        Management
      ORGANIZATIONS AND EU POLITICAL
      EXPENDITURE.


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

SIEBEL SYSTEMS, INC.

Ticker:       SEBL           Security ID:  826170102
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  APR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Scott Hartz            For       For        Management
1.2   Elect  Director Charles R. Schwab         For       For        Management
1.3   Elect  Director George T. Shaheen         For       For        Management
1.4   Elect  Director John W. White             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Abstain   For        Shareholder


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

SIRIUS SATELLITE RADIO, INC.

Ticker:       SIRI           Security ID:  82966U103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Leon D. Black             For       For        Management
1.2   Elect  Director Joseph P. Clayton         For       For        Management
1.3   Elect  Director Lawrence F. Gilberti      For       For        Management
1.4   Elect  Director James P. Holden           For       For        Management
1.5   Elect  Director Warren N. Lieberfarb      For       For        Management
1.6   Elect  Director Michael J. McGuiness      For       For        Management
1.7   Elect  Director James F. Mooney           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Employee Stock Purchase Plan      For       For        Management


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

SIRIUS SATELLITE RADIO, INC.

Ticker:       SIRI           Security ID:  82966U103
Meeting Date: NOV 25, 2003   Meeting Type: Annual
Record Date:  OCT 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Leon D. Black              For       For        Management
1.2   Elect Director Joseph P. Clayton          For       For        Management
1.3   Elect Director Lawrence F. Gilberti       For       For        Management
1.4   Elect Director James P. Holden            For       For        Management
1.5   Elect Director Warren N. Lieberfarb       For       For        Management
1.6   Elect Director Michael J. McGuiness       For       For        Management
1.7   Elect Director James F. Mooney            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


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

SKYWORKS SOLUTIONS, INC.

Ticker:       SWKS           Security ID:  83088M102
Meeting Date: MAR 30, 2004   Meeting Type: Annual
Record Date:  JAN 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kevin L. Beebe            For       For        Management
1.2   Elect  Director Timothy R. Furey          For       For        Management
1.3   Elect  Director David J. Mclachlan        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


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

SOMERA COMMUNICATIONS, INC.

Ticker:       SMRA           Security ID:  834458101
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Barry Phelps              For       For        Management
1.2   Elect  Director Charles E. Levine         For       For        Management
2     Ratify Auditors                           For       For        Management


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

SONICWALL, INC.

Ticker:       SNWL           Security ID:  835470105
Meeting Date: DEC 12, 2003   Meeting Type: Annual
Record Date:  OCT 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Establish Range For Board Size            For       For        Management
2.1   Elect Director David W. Garrison          For       For        Management
2.2   Elect Director Charles D. Kissner         For       For        Management
2.3   Elect Director Matthew Medeiros           For       For        Management
2.4   Elect Director Sreekanth Ravi             For       For        Management
2.5   Elect Director David A. Shrigley          For       For        Management
2.6   Elect Director Cary H. Thompson           For       For        Management
2.7   Elect Director Robert M. Williams         For       For        Management
2.8   Elect Director Edward F. Thompson         For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Ratify Auditors                           For       For        Management
5     Other Business                            For       For        Management


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

SONICWALL, INC.

Ticker:       SNWL           Security ID:  835470105
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David Garrison            For       For        Management
1.2   Elect  Director Charles D. Kissner        For       For        Management
1.3   Elect  Director Matthew Medeiros          For       For        Management
1.4   Elect  Director Cary H. Thompson          For       For        Management
1.5   Elect  Director Robert M. Williams        For       For        Management
1.6   Elect  Director Edward F. Thompson        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


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

TEKELEC

Ticker:       TKLC           Security ID:  879101103
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert V. Adams           For       For        Management
1.2   Elect  Director Jean-Claude Asscher       For       For        Management
1.3   Elect  Director Daniel L. Brenner         For       For        Management
1.4   Elect  Director Martin A. Kaplan          For       For        Management
1.5   Elect  Director Frederick M. Lax          For       For        Management
1.6   Elect  Director Jon F. Rager              For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Ratify Auditors                           For       For        Management


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

TESTECH INC.

Ticker:                      Security ID:  Y8591F107
Meeting Date: MAR 19, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Appropriation of Income
2     Amend Articles of Incorporation           For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors
4     Approve Limit on Remuneration of Auditors For       For        Management
5     Approve Stock Option Grants               For       For        Management


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

TEXAS INSTRUMENTS INC.

Ticker:       TXN            Security ID:  882508104
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     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 Thomas J. Engibous        For       For        Management
1.5   Elect  Director Gerald W. Fronterhouse    For       For        Management
1.6   Elect  Director David R. Goode            For       For        Management
1.7   Elect  Director Wayne R. Sanders          For       For        Management
1.8   Elect  Director Ruth J. Simmons           For       For        Management
1.9   Elect  Director Richard K. Templeton      For       For        Management
1.10  Elect  Director Christine Todd Whitman    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder


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

TIBCO SOFTWARE, INC.

Ticker:       TIBX           Security ID:  88632Q103
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Vivek Y. Ranadive         For       For        Management
1.2   Elect  Director Naren Gupta               For       For        Management
1.3   Elect  Director Peter Job                 For       For        Management
1.4   Elect  Director William A. Owens          For       For        Management
1.5   Elect  Director Philip K. Wood            For       For        Management
1.6   Elect  Director Eric Dunn                 For       For        Management
2     Ratify Auditors                           For       For        Management


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

TISCALI SPA

Ticker:                      Security ID:  T93541117
Meeting Date: MAY 6, 2004    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors
1     Amend Articles To Reflect New Italian     For       For        Management
      Company Law Regulations
2     Approve Issuance of Shares for a Private  For       For        Management
      Placement To Be Paid With The Opening of
      a Line of Credit of GBP 3.3 Million Over
      Net. Works Limited


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

TISCALI SPA

Ticker:                      Security ID:  T93541117
Meeting Date: APR 30, 2004   Meeting Type: Annual/Special
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors
1     Amend Articles To Reflect New Italian     For       For        Management
      Company Law Regulations
2     Approve Issuance of Shares for a Private  For       For        Management
      Placement To Be Paid With The Opening of
      a Line of Credit of GBP 3.3 Million Over
      Net. Works Limited


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

TISCALI SPA

Ticker:                      Security ID:  T93541117
Meeting Date: OCT 26, 2003   Meeting Type: Special
Record Date:  OCT 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Two New Directors                   For       For        Management
1     Amend Article 2 Re: Company's Registered  For       For        Management
      Office
2     Amend Article 5 Re: Share Capital         For       For        Management
3     Approve Issuance of Shares for a Private  For       For        Management
      Placement To Be Paid in Shares of EUnet
      EDV und Internet Dienstleistungs AG
4     Approve Issuance of Shares for a Private  For       For        Management
      Placement To Be Paid in Shares of Home.se
      AB


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

VANGUARD INTERNATIONAL SEMICONDUCTOR CORP

Ticker:                      Security ID:  Y9353N106
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on 2003 Business Operation None      None       Management
      Results
2     Receive Supervisors' Report               None      None       Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Approve Reduction in Stated  Capital      For       Against    Management
6     Approve 5-Year Income Tax Exemption       For       For        Management
      Regarding Rights Offering in 2003 Under
      Statute for Upgrading Industry
7     Amend Articles of Association             For       Against    Management
8     Amend Procedures Governing the Acquistion For       Against    Management
      or Disposal of Assets
9     Amend Procedures Governing Financial      For       Against    Management
      Derivative Transactions
10    Amend Operating Procedures for the Loan   For       Against    Management
      of Funds to Other  Parties
11    Amend Endorsement and Guarantee Operating For       Against    Management
      Guidelines
12    Other Business                            None      None       Management


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

VERISIGN INC

Ticker:       VRSN           Security ID:  92343E102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director D. James Bidzos           For       For        Management
1.2   Elect  Director William L. Chenevich      For       For        Management
1.3   Elect  Director Gregory L. Reyes          For       For        Management
2     Ratify Auditors                           For       For        Management


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

WEBMETHODS, INC.

Ticker:       WEBM           Security ID:  94768C108
Meeting Date: AUG 26, 2003   Meeting Type: Annual
Record Date:  JUL 10, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director R. James Green             For       For        Management
1.2   Elect Director William A. Halter          For       For        Management
1.3   Elect Director Robert Vasan               For       For        Management
2     Ratify Auditors                           For       For        Management


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

WESTELL TECHNOLOGIES, INC.

Ticker:       WSTL           Security ID:  957541105
Meeting Date: SEP 25, 2003   Meeting Type: Annual
Record Date:  AUG 4, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John W. Seazholtz          For       For        Management
1.2   Elect Director Paul A. Dwyer, Jr.         For       For        Management
1.3   Elect Director E. Van Cullens             For       For        Management
1.4   Elect Director Robert C. Penny III        For       For        Management
1.5   Elect Director Roger L. Plummer           For       For        Management
1.6   Elect Director Bernard F. Sergesketter    For       For        Management
1.7   Elect Director Melvin J. Simon            For       For        Management
2     Permit Stockholders Holding 25% or more   For       Against    Management
      of the Companies Voting Power to Call a
      Special Meeting
3     Amend Bylaws to Eliminate Provisions from For       For        Management
      Selling Securities Having Forward Pricing
      Provisions


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

YOU EAL ELECTRONICS CO. LTD.

Ticker:                      Security ID:  Y98531109
Meeting Date: MAR 19, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements              For       For        Management
2     Approve Appropriation of Income           For       For        Management
3     Amend Articles of Incorporation to        For       For        Management
      Introduce Audit Committee, Allow Payment
      of Quarterly Dividends, Increase Number
      of Directors, Clarify Director
      Authorities
4     Elect Directors                           For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors
6     Approve Stock Option Grants               For       For        Management




=========================== BLACKROCK GNMA PORTFOLIO ===========================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


==================== BLACKROCK GOVERNMENT INCOME PORTFOLIO =====================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


======================== BLACKROCK HIGH YIELD PORTFOLIO ========================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


======================= BLACKROCK INDEX EQUITY PORTFOLIO =======================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at any
shareholder meeting held during the period ended June 30, 2004 with respect
to which the registrant was entitled to vote. The BlackRock Index Equity
Portfolio invests all of its assets in The U.S. Large Company Series, a
series of The DFA Investment Trust Company. For information on the voting
record of the The U.S. Large Company Series, please refer to Form N-PX
filed with the Securities & Exchange Commission for The U.S. Large Company
Series, a series of The DFA Investment Trust Company as filed on, or shortly
before, August 31, 2004. (CIK # 0000896162, SEC File # 811-07436).


==================== BLACKROCK INTERMEDIATE BOND PORTFOLIO =====================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


=============== BLACKROCK INTERMEDIATE GOVERNMENT BOND PORTFOLIO ===============

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


==================== BLACKROCK INTERNATIONAL BOND PORTFOLIO ====================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


=================== BLACKROCK INTERNATIONAL EQUITY PORTFOLIO ===================

ITEM 1 PROXY VOTING RECORD

ABB LTD. ZUERICH

Ticker:                      Security ID:  CH0012221716
Meeting Date: NOV 20, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Creation of CHF 3 Billion Pool of For       For        Management
      Conditional Capital with Preemptive
      Rights


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

ABB LTD. ZUERICH

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

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


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

ABBEY NATIONAL PLC

Ticker:       ABYNY          Security ID:  GB0000044551
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 16.67 Pence Per For       For        Management
      Share
4.1   Elect Priscilla Vacassin as Director      For       For        Management
4.2   Elect Angus Porter as Director            For       For        Management
4.3   Elect Tony Wyatt as Director              For       For        Management
4.4   Elect Gerard Murphy as Director           For       For        Management
4.5   Elect Geoffrey Cooper as Director         For       For        Management
5.1   Re-elect Yasmin Jetha as Director         For       For        Management
5.2   Re-elect Mark Pain as Director            For       For        Management
5.3   Re-elect Leon Allen as Director           For       For        Management
6     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Authorise EU Political Donations up to    For       For        Management
      GBP 150,000 and EU Political Expenditure
      up to GBP 150,000
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to GBP 703,722,815; USD
      9,820,000; and EUR 10,000,000
10    Approve Abbey Performance Share Plan      For       For        Management
11    Authorise 146,277,184 Ordinary Shares for For       For        Management
      Market Purchase
12.1  Authorise 125,000,000 8.625% Sterling     For       For        Management
      Preference Shares for Market Purchase
12.2  Authorise 200,000,000 10.375% Sterling    For       For        Management
      Preference Shares for Market Purchase
12.3  Authorise 18,000,000 Series B Dollar      For       For        Management
      Preference Shares for Market Purchase
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,313,859


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

AHOLD KON NV

Ticker:       AHO            Security ID:  NL0000331817
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report Regarding Company Strategy None      None       Management
      ('Road to Recovery')
3.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
3.2   Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
3.3   Approve Discharge of Management Board     For       For        Management
3.4   Approve Discharge of Supervisory Board    For       For        Management
4.1   Elect Rene Dahan to Supervisory Board     For       For        Management
4.2   Elect Karen de Segundo to Supervisory     For       For        Management
      Board
5     Ratify Deloitte & Touche as Auditors      For       For        Management
6     Authorize Board to Change Official        For       For        Management
      Language of the Annual Report to English
7     Close Meeting                             None      None       Management


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

AHOLD KON NV

Ticker:       AHO            Security ID:  NL0000331817
Meeting Date: MAR 3, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Discussion of Company's Corporate         None      None       Management
      Governance Structure
3     Amend Articles Re: Changes to Company's   For       For        Management
      Corporate Governance Structure to Reflect
      Recommendations by Dutch Corporate
      Governance Code
4     Approve Terms Governing Conversion of     For       For        Management
      Cumulative Preferred Financing Shares
      into Common Shares
5     Approve Remuneration Policy of Executive  For       For        Management
      Board
6     Receive Information on Current            None      None       Management
      Investigations and Lawsuits
7     Adjourn Meeting                           None      None       Management


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

ALLIANZ AG (FORMERLY ALLIANZ HOLDING AG)

Ticker:                      Security ID:  DE0008404005
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  APR 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.50 per Share                     Vote
3     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Approve Creation of EUR 450 Million Pool  For       Did Not    Management
      of Conditional Capital with Preemptive              Vote
      Rights
6     Approve Employee Stock Purchase Plan      For       Did Not    Management
                                                          Vote
7     Approve Issuance of Convertible Bonds     For       Did Not    Management
      and/or Bonds with Warrants Attached up to           Vote
      Aggregate Nominal Amount of EUR 10
      Billion with Preemptive Rights; Approve
      Creation of EUR 250 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights
8     Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital for Trading Purposes                        Vote
9     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
10    Approve Affiliation Agreements with       For       Did Not    Management
      Subsidiaries                                        Vote
      (Jota-Vermoegensverwaltungsgesellschaft
      mbH)


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

AXA (FORMERLY AXA-UAP)

Ticker:       AXA            Security ID:  FR0000120628
Meeting Date: APR 21, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.57 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Claude Bebear as Supervisory      For       Against    Management
      Board Member
6     Ratify Mazars & Guerard as Auditors       For       For        Management
7     Ratify Jean Louis Simon as Alternate      For       For        Management
      Auditor
8     Elect Willy Avereyn as Representative of  None      Against    Management
      Employee Shareholders to the Supervisory
      Board, Pending Approval of Item 13
9     Elect Cees de Jong as Representative of   None      Against    Management
      Employee Shareholders to the Supervisory
      Board, Pending Approval of Item 13
10    Elect Jacques Tabourot as Representative  For       For        Management
      of Employee Shareholders to the
      Supervisory Board, Pending Approval of
      Item 13
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Allow Board to Issue Shares in the Event  For       Against    Management
      of a Public Tender Offer or Share
      Exchange Offer
13    Amend Article 10 Re: Appointment of       For       For        Management
      Representative of Employee Shareholders
      to the Supervisory Board
14    Amend Article 10 Re: Appointment of       Against   Against    Management
      Employee Representative to the
      Supervisory Board
15    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
16    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

BANCO BILBAO VIZCAYA ARGENTARIA

Ticker:       BBV            Security ID:  ES0113211835
Meeting Date: FEB 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income and Distribution of Dividend,
      and Discharge Directors
2     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with or without
      Preemptive Rights
3     Authorize Issuance of Bonds up to         For       For        Management
      Aggregate Nominal Amount of EUR 71.8
      Billion
4     Amend Articles 24, 29, 31, 34, 35, 37,    For       For        Management
      38, 45 Re: Attendance Rights, Shareholder
      Information Rights, Adoption of
      Agreements, Board Election and Size,
      Board Member Requirements, Board
      Vacancies, Chairman and Secretary,
      Creation and Composition of Board
5     Approve General Meeting Guidelines;       For       For        Management
      Information Re: Board Guidelines
6     Approve Listing (or Delisting) of Shares  For       For        Management
      on Secondary/Foreign Exchanges
7     Authorize Repurchase of Shares and        For       For        Management
      Subsequent Cancellation of Repurshased
      Shares
8     Reelect Deloitte & Touche Espana, S.L. as For       For        Management
      Auditors
9     Elect Jose Antonio Fernandez Rivero and   For       For        Management
      Carlos Loring as New Directors; Reelect
      Directors
10    Approve Fund Transfer to Employee         For       For        Management
      Retirement Fund
11    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

BANK AUSTRIA CREDITANSTALT

Ticker:                      Security ID:  AT0000995006
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.02 per Share                     Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital for                 Vote
      Trading Purposes
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.PP          Security ID:  GB0007980591
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect The Lord Browne of Madingley as  For       For        Management
      Director
2     Re-elect Byron Grote as Director          For       For        Management
3     Re-elect Michael Miles as Director        For       For        Management
4     Re-elect Sir Robin Nicholson as Director  For       For        Management
5     Re-elect Dick Olver as Director           For       For        Management
6     Re-elect Sir Ian Prosser as Director      For       For        Management
7     Elect Antony Burgmans as Director         For       For        Management
8     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Amend Articles of Association Re:         For       For        Management
      Treasury Shares and Annual Retirement of
      Directors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,820 Million
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 273 Million
12    Authorise 2.2 Billion Shares for Market   For       For        Management
      Purchase
13    Authorise the Company to use Treasury     For       For        Management
      Shares for the Purpose of the Employee
      Share Schemes Operated by the Company
14    Approve Remuneration Report               For       For        Management
15    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 1.5
      Million to GBP 2.5 Million
16    Accept Financial Statements and Statutory For       For        Management
      Reports
17    Require the Company to Prepare a Report   Against   Against    Shareholder
      Re: Mitigating Risks to Shareholder Value
      when Operating in Protected and Sensitive
      Areas


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

BRITISH SKY BROADCASTING PLC

Ticker:       BSY            Security ID:  GB0001411924
Meeting Date: NOV 14, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect Lord Wilson as Director             For       For        Management
3     Elect James Murdoch as Director           For       For        Management
4     Elect Chase Carey as Director             For       For        Management
5     Reelect David Evans as Director           For       For        Management
6     Reelect Lord St John as Director          For       Against    Management
7     Reelect Martin Stewart as Director        For       For        Management
8     Approve Deloitte and Touche LLP as        For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
9     Approve Remuneration Report               For       Against    Management
10    Authorize EU Political Donations up to    For       For        Management
      GBP 200,000
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 319,000,000
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 48,000,000
13    Approve Reduction of GBP 1.120 Billion    For       For        Management
      from Share Premium Account


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

CARREFOUR S.A.

Ticker:                      Security ID:  FR0000120172
Meeting Date: APR 19, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors                                 Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Acquisition of Societe Financiere For       Did Not    Management
      Labruyere Eberle and Issuance of 6.46               Vote
      Million Shares in Connection with
      Acquisition
4     Approve Allocation of Income and Net      For       Did Not    Management
      Dividends of EUR 0.74 per Share                     Vote
5     Amend Articles of Association to Reduce   For       Did Not    Management
      Terms of Board Members from Six Years to            Vote
      Four Years
6     Ratify Cooptation of Luc Vandevelde as    For       Did Not    Management
      Director                                            Vote
7     Reelect Daniel Bernard as Director        For       Did Not    Management
                                                          Vote
8     Reelect Carlos March as Director          For       Did Not    Management
                                                          Vote
9     Reelect Jacques Badin as Director         For       Did Not    Management
                                                          Vote
10    Reelect Francois Henrot as Director       For       Did Not    Management
                                                          Vote
11    Reelect Christian Blanc as Director       For       Did Not    Management
                                                          Vote
12    Elect Jose-Luis Leal-Maldonado as         For       Did Not    Management
      Director                                            Vote
13    Authorize Repurchase of Up to 71,614,230  For       Did Not    Management
      Shares                                              Vote
14    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
15    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
16    Amend Articles of Association Re: Board   For       Did Not    Management
      Representation, Auditor Participation at            Vote
      Board Meetings, and Use of Electronic
      Media at Shareholder Meetings


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

CENTRICA PLC

Ticker:                      Security ID:  GB0005734388
Meeting Date: MAY 10, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 3.7 Pence Per   For       For        Management
      Share
4     Re-elect Phil Bentley as Director         For       For        Management
5     Re-elect Mark Clare as Director           For       For        Management
6     Re-elect Roger Carr as Director           For       For        Management
7     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 37,993,659
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 11,850,317
11    Authorise 426,611,414 Ordinary Shares for For       For        Management
      Market Purchase
12    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 125,000


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

CHUGAI PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  JP3519400000
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 13, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
5     Approve Executive Stock Option Plan       For       For        Management
6     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion


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

COMPAGNIE DE SAINT GOBAIN

Ticker:                      Security ID:  FR0000125007
Meeting Date: MAY 10, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.725 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Reelect Jean-Louis Beffa as Director      For       For        Management
7     Reelect Isabelle Bouillot as Director     For       For        Management
8     Reelect Sylvia Jay as Director            For       For        Management
9     Reelect Jose Luis Leal as Director        For       For        Management
10    Ratify Appointment of Gian Paolo Caccini  For       For        Management
      as Director
11    Ratify PricewaterhouseCoopers Audit as    For       For        Management
      Auditors
12    Ratify KPMG Audit as Auditors             For       For        Management
13    Ratify Yves Nicolas as Alternate Auditor  For       For        Management
14    Ratify Jean-Paul Vellutini as Alternate   For       For        Management
      Auditor
15    Amend Articles of Association to Reflect  For       Against    Management
      2003 Legal Changes Re: Shareholding
      Disclosure Requirement, Access to Company
      Information, and Responsibilities of the
      Chairman
16    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

COMPANHIA VALE DO RIO DOCE

Ticker:                      Security ID:  US2044121000
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPRECIATION OF THE MANAGEMENT S REPORT   For       For        Management
      AND ANALYSIS, DISCUSSION AND VOTE ON THE
      FINANCIAL STATEMENTS FOR THE FISCAL YEAR
      ENDING DECEMBER 31, 2003.
2     PROPOSAL FOR THE DESTINATION OF THE       For       For        Management
      PROFITS OF THE SAID FISCAL YEAR.
3     ESTABLISHMENT OF THE TOTAL AND ANNUAL     For       For        Management
      REMUNERATION OF THE MEMBERS OF THE
      COMPANY S MANAGEMENT.
4     ELECTION OF THE MEMBERS OF THE FISCAL     For       For        Management
      COUNCIL AND ESTABLISHMENT OF THEIR
      REMUNERATION.
5     PROPOSAL OF CAPITAL INCREASE, THROUGH THE For       For        Management
      CAPITALIZATION OF RESERVES, WITHOUT THE
      ISSUANCE OF SHARES, AND THE CONSEQUENT
      CHANGE OF THE HEAD SECTION OF ARTICLE 5
      OF THE COMPANY S BY-LAWS.


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

DAIWA HOUSE INDUSTRY CO. LTD.

Ticker:                      Security ID:  JP3505000004
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 15, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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

DENTSU INC.

Ticker:                      Security ID:  JP3551520004
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 500,
      Final JY 500, Special JY 0
2     Amend Articles to: Amend Business Lines - For       Against    Management
      Authorize Appointment of Alternate
      Statutory Auditors - Reduce Directors
      Term in Office - Authorize Share
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
4.4   Appoint Internal Statutory Auditor        For       Against    Management
5     Appoint External Auditors                 For       For        Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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

DEUTSCHE BOERSE AG

Ticker:                      Security ID:  DE0005810055
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAY 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.55 per Share                     Vote
3     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Elect Peter Levene and Alessandro Profuma For       Did Not    Management
      to the Supervisory Board                            Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Approve Affiliation Agreements with       For       Did Not    Management
      Subsidiaries (Deutsche Boerse IT Holding            Vote
      GmbH)
8     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors                Vote


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

EAST JAPAN RAILWAY CO

Ticker:                      Security ID:  JP3783600004
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3000,
      Final JY 3000, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
4.12  Elect Director                            For       For        Management
4.13  Elect Director                            For       For        Management
4.14  Elect Director                            For       For        Management
4.15  Elect Director                            For       For        Management
4.16  Elect Director                            For       For        Management
4.17  Elect Director                            For       For        Management
4.18  Elect Director                            For       For        Management
4.19  Elect Director                            For       For        Management
4.20  Elect Director                            For       For        Management
4.21  Elect Director                            For       For        Management
4.22  Elect Director                            For       For        Management
4.23  Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


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

EFG EUROBANK S.A.

Ticker:                      Security ID:  GRS323013003
Meeting Date: SEP 11, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue 8.3 Million Shares in Connection    For       For        Management
      with Acquisition of Invest Development
      S.A.
2     Amend Articles to Reflect Changes in      For       For        Management
      Capital (Item 1)
3     Authorize Share Repurchase Program        For       For        Management


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

EFG EUROBANK S.A.

Ticker:                      Security ID:  GRS323013003
Meeting Date: APR 5, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income
2     Authorize Share Capital Increase via      For       For        Management
      Capitalization of Profits to Service
      Employee Share Distribution Plan
3     Approve Stock Option Plan for Directors   For       Against    Management
      and Employees
4     Approve Discharge of Board and Auditors   For       For        Management
5     Approve Auditors and Fix Their            For       For        Management
      Remuneration
6     Elect Management Board Members Including  For       For        Management
      Two Independent Directors
7     Approve Remuneration of Directors         For       For        Management
8     Authorize Share Repurchase Program        For       For        Management
9     Approve Reduction in Share Capital Via    For       For        Management
      Cancellation of Shares; Amend Article 5
      Accordingly
10    Authorize Directors to Participate in the For       For        Management
      Board of Companies with Similar Corporate
      Purpose


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

ENI SPA

Ticker:       E              Security ID:  IT0003132476
Meeting Date: MAY 25, 2004   Meeting Type: Annual/Special
Record Date:  MAY 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       Did Not    Management
      Accounts, and Statutory Reports                     Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
4     Elect External Auditors for the           For       Did Not    Management
      Three-Year Term 2004-2006 and Fix                   Vote
      Remuneration of Auditors
5     Amend Article 2 of the Set of Rules       For       Did Not    Management
      Governing General Meetings of Eni Spa               Vote
6     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
1     Amend Articles To Reflect New Italian     For       Did Not    Management
      Company Law Regulations                             Vote
2     Amend Articles 17, 19, and 28 of the      For       Did Not    Management
      Company's Bylaws                                    Vote


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

ESSILOR INTERNATIONAL

Ticker:                      Security ID:  FR0000121667
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       Did Not    Management
      Reports, Consolidated Financial                     Vote
      Statements, and Discharge Directors
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.84 per Share                     Vote
3     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Reelect Xavier Fontanet as Director       For       Did Not    Management
                                                          Vote
5     Elect Louis Lesperance as Director        For       Did Not    Management
                                                          Vote
6     Elect Jean-Pierre Martin as Director      For       Did Not    Management
                                                          Vote
7     Elect Yves Chevillotte as Director        For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 165,000                     Vote
9     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
10    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GSK            Security ID:  GB0009252882
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Lawrence Culp as Director           For       For        Management
4     Elect Crispin Davis as Director           For       For        Management
5     Elect Sir Robert Wilson as Director       For       For        Management
6     Elect Tachi Yamada as Director            For       For        Management
7     Re-elect Sir Christopher Hogg as Director For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 100,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 74,330,954
12    Authorise 594,647,632 Ordinary Shares for For       For        Management
      Market Purchase


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

GOLD FIELDS LIMITED

Ticker:       DRFNY          Security ID:  ZAE000018123
Meeting Date: NOV 18, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2003
2.1   Reelect J.M. McMahon as Director          For       For        Management
2.2   Reelect B.R. Van Rooyen as Director       For       For        Management
2.3   Reelect C.I. Von Christierson as Director For       For        Management
2.4   Reelect A.J. Wright as Director           For       For        Management
3     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
4     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
5     Authorize the Company and Any of Its      For       For        Management
      Subsidiaries to Repurchase Up to 20
      Percent of the Company's Issued Share
      Capital


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

ING GROEP NV

Ticker:       ING            Security ID:  NL0000303600
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2.1   Receive Reports of Management and         None      Did Not    Management
      Supervisory Boards                                  Vote
2.2   Receive Explanation of Reserves and       None      Did Not    Management
      Dividend Policy                                     Vote
3.1   Approve Financial Statements of 2003      For       Did Not    Management
                                                          Vote
3.2   Approve Dividends                         For       Did Not    Management
                                                          Vote
4     Ratify Ernst & Young Accountants as       For       Did Not    Management
      Auditors                                            Vote
5.1   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
5.2   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
6     Discussion about Company's Corporate      None      Did Not    Management
      Governance Report                                   Vote
7.1   Approve Remuneration Policy of Management For       Did Not    Management
      Board                                               Vote
7.2   Approve Long-Term Incentive Plan (50      For       Did Not    Management
      Percent Stock Options and 50 Percent                Vote
      Performance Shares)
8     Amend Articles Re: Binding Director       For       Did Not    Management
      Nominations; Establish Profile on                   Vote
      Expertise and Ethical Standards for
      Directors; Approve Remuneration Policy
      for Management Board; Threshold for
      Submitting Shareholder Proposals; Reduce
      Par Value of B Preference Share
9.1   Elect E. Boyer de la Giroday as New       For       Did Not    Management
      Member of Management Board                          Vote
9.2   Elect E. Leenaars as New Member of        For       Did Not    Management
      Management Board                                    Vote
9.3   Elect H. Verkoren as New Member of        For       Did Not    Management
      Management Board                                    Vote
10    Elect E. Bourdais de Charbonniere as New  For       Did Not    Management
      Member of Supervisory Board                         Vote
11    Grant Board Authority to Issue Ordinary   For       Did Not    Management
      Shares Restricting/Excluding Preemptive             Vote
      Rights Up to 20 Percent of Issued Capital
      and All Authorized Yet Unissued B
      Preference Shares Restricting/Excluding
      Preemptive Rights
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Other Business                            None      Did Not    Management
                                                          Vote


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

ITO-YOKADO CO. LTD.

Ticker:       ITOYO          Security ID:  JP3142800006
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  FEB 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 16,
      Final JY 18, Special JY 0
2     Amend Articles to: Change Location of     For       For        Management
      Head Office - Authorize Share Repurchases
      at Board's Discretion - Limit Directors'
      and Internal Auditors' Legal Liability
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


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

KASIKORNBANK PCL (FORMERLY THAI FARMERS BANK)

Ticker:                      Security ID:  TH0016010017
Meeting Date: APR 2, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous AGM           For       For        Management
2     Accept Directors' Report                  For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Compensation of the Accumulated   For       For        Management
      Losses of the Company
5     Elect Directors                           For       For        Management
6     Amend Articles of Association Re: Board   For       For        Management
      of Directors
7     Approve Names and Number of Directors Who For       For        Management
      Have Signing Authority
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Amend Memorandum and Articles of          For       For        Management
      Association
10    Approve Reduction in Registered Capital   For       For        Management
      to Baht 24 Billion
11    Approve Increase in Registered Capital to For       For        Management
      Baht 30.5 Billion
12    Other Business                            For       Against    Management


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

KEPPEL CORPORATION LTD

Ticker:                      Security ID:  SG1E04001251
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.11 Per    For       For        Management
      Share
3     Reelect Choo Chiau Beng as Director       For       For        Management
4     Reelect Lim Hock San as Director          For       For        Management
5     Reelect Lee Soo Ann Tsao Yuan as Director For       For        Management
6     Reelect Leung Chun Ying as Director       For       For        Management
7     Approve Directors' Fees of SGD 492,000    For       For        Management
8     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
9     Authorize Share Repurchase Program        For       For        Management
10    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
11    Approve Mandate for Transactions with     For       For        Management
      Related Parties


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

KEPPEL CORPORATION LTD

Ticker:                      Security ID:  SG1E04001251
Meeting Date: MAY 26, 2004   Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Reduction of SGD 110      For       For        Management
      Million and a Maximum of Up to SGD 32.16
      Million Standing to the Credit of the
      Company's Special Reserve Account and
      Share Premium Account, Respectively,
      Which is to be Effected by a Cash
      Distribution to Shareholders


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

KEPPEL CORPORATION LTD

Ticker:                      Security ID:  SG1E04001251
Meeting Date: APR 28, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Distribution to           For       For        Management
      Shareholders of SGD 0.18 in Cash for
      Every Share Held


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

KINGFISHER PLC

Ticker:       KGFHY          Security ID:  GB0033195214
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 6.15 Pence Per  For       For        Management
      Ordinary Share
4     Elect Duncan Tatton-Brown as Director     For       For        Management
5     Re-elect Sir Francis Mackay as Director   For       For        Management
6     Re-elect Michael Hepher as Director       For       For        Management
7     Re-elect Margaret Salmon as Director      For       For        Management
8     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 108,526,099
10    Approve Scrip Dividend                    For       For        Management
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to a Nominal Value
      of 5 Percent of the Issued Share Capital
      of the Company
12    Authorise 233,210,664 Ordinary Shares for For       For        Management
      Market Purchase


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

KINGFISHER PLC

Ticker:       KGFHY          Security ID:  GB0030738503
Meeting Date: JUL 4, 2003    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Demerger of Kingfisher Plc's      For       For        Management
      Electrical Business to Kesa Electricals
      Plc By Way of Dividend in Specie
2     Approve Capital Reorganization            For       For        Management
3     Approve Kesa Group Sharesave Scheme and   For       For        Management
      Kesa Group International Sharesave Plan
      and Authorize Directors to Modify and
      Establish Such Plans
4     Approve Kesa Group Demerger Award Plan    For       For        Management
      and Authorize Directors to Modify and
      Establish Such Plans
5     Approve Kesa Group Incentive Compensation For       For        Management
      Plan and Authorize Directors to Modify
      and Establish Such Plans
6     Approve Kesa Group Employee Benefit Trust For       For        Management
      and Authorize Directors to Modify and
      Establish Such Plans


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

KOMATSU LTD.

Ticker:                      Security ID:  JP3304200003
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 4, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors and
      Statutory Auditors
7     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


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

KOOKMIN BANK

Ticker:       KKBKY          Security ID:  US50049M1099
Meeting Date: MAR 23, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Non-Consolidated Financial        For       For        Management
      Statements and Disposition of Deficit,
      with No Dividends
2     Amend Articles of Incorporation           For       For        Management
3     Elect Directors                           For       For        Management
4     Elect Members of Audit Committee          For       For        Management
5     Approve Stock Option Grants               For       For        Management


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

KYOCERA CORP.

Ticker:       KYO            Security ID:  JP3249600002
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor
5     Approve Executive Stock Option Plan       For       For        Management


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

LAFARGE

Ticker:       LFGCY          Security ID:  FR0000120537
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income, Dividends   For       For        Management
      of EUR 3.45 per Share, and Stock Dividend
      Program
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Ratify Cooptation of Juan Gallardo as     For       For        Management
      Director
6     Reelect Jean Keller as Director           For       For        Management
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital and Reissunace of
      Repurchased Shares
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

LEND LEASE CORPORATION LTD.

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

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


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

MARUI CO. LTD.

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

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


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

MATSUSHITA ELECTRIC INDUSTRIAL CO. LTD.

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

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


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

MILLEA HOLDINGS INC.

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

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


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

MITSUBISHI CORP.

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

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


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

MITSUBISHI TOKYO FINANCIAL GROUP INC

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

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


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

MITSUI FUDOSAN CO. LTD.

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

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


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

MMO2 PLC

Ticker:                      Security ID:  GB0030872716
Meeting Date: JUL 30, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect David Chance as Director            For       For        Management
4     Elect David Arculus as Director           For       For        Management
5     Elect Rudolf Groger as Director           For       Against    Management
6     Elect David McGlade as Director           For       For        Management
7     Elect Kent Thexton as Director            For       For        Management
8     Reelect Peter Erskine as Director         For       For        Management
9     Reelect Neelie Kroes as Director          For       For        Management
10    Reelect Paul Myners as Director           For       For        Management
11    Ratify PricewaterhouseCoopers LLP as      For       For        Management
      Auditors
12    Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,890,000
14    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 433,500
15    Authorize 867,000,000 Shares for Share    For       For        Management
      Repurchase Program


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

NOKIA CORP.

Ticker:       NKCAF          Security ID:  FI0009000681
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

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


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

NTT DOCOMO INC.

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

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


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

OBAYASHI CORP.

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

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


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

OPAP (GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA )

Ticker:                      Security ID:  GRS419003009
Meeting Date: OCT 29, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Apporval of the Contract for 2003 with    For       Did Not    Management
      Labor Union of Opap                                 Vote
2     Approval of Sponsorship Plan for 2003 and For       Did Not    Management
      Preapproval for 2004                                Vote
3     Approval of Employee Compensation from    For       Did Not    Management
      March to July 2003                                  Vote
4     Elect Directors; Amendment to Bylaws      For       Did Not    Management
                                                          Vote
5     Approve Qualification of Board Members    For       Did Not    Management
                                                          Vote
6     Approve Employment Contract of Managing   For       Did Not    Management
      Director                                            Vote
7     Amend Articles Re: Management             For       Did Not    Management
                                                          Vote
8     Other Business                            For       Did Not    Management
                                                          Vote


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

OPAP (GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA )

Ticker:                      Security ID:  GRS419003009
Meeting Date: DEC 23, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Location of Registered             For       Did Not    Management
      Office/Headquarters                                 Vote
2     Approve Final Terms of 2003 Collective    For       Did Not    Management
      Labor Agreement Between Opap SA and                 Vote
      Employee Union
3     Transact Other Business                   None      Did Not    Management
                                                          Vote


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

OPAP (GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA )

Ticker:                      Security ID:  GRS419003009
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income              For       For        Management
3     Approve Discharge of Management and       For       For        Management
      Auditors
4     Approve Two Auditors and Two Alternates   For       For        Management
5     Approve Remuneration of Directors and     For       For        Management
      Secretary of the Board
6     Approve of Board Members In Committees    For       For        Management
      and Fix Their Remuneration for 2004
7     Ratify Previous Election of Board Members For       For        Management
      and Elect Directors
8     Authorize Board of Directors to Sign      For       For        Management
      Contract and Definition of Monthly
      Compensation of Chairman and New Managers
      of the Company
9     Other Business (Non-Voting)               None      None       Management


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

OPAP (GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA )

Ticker:                      Security ID:  GRS419003009
Meeting Date: FEB 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management Board and For       Did Not    Management
      Auditors                                            Vote
4     Approve Two Ordinary, Two Deputy Chart    For       Did Not    Management
      Auditors and Determination of Their                 Vote
      Remuneration
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Participation of Board Members in         For       Did Not    Management
      Committees and Approval of Remuneration             Vote
      for the Fiscal Year of 2004
7     Ratify Appointment of Directors           For       Did Not    Management
                                                          Vote
8     Approve Acquisitions of Gaming Companies  For       Did Not    Management
      and Companies Related to Technological              Vote
      Development in Cyprus
9     Allow Questions                           For       Did Not    Management
                                                          Vote


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

ORICA LTD. (FORMERLY ICI AUSTRALIA)

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

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


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

PROMINA GROUP LTD

Ticker:                      Security ID:  AU000000PMN9
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect Leo Tutt as Director                For       For        Management
2b    Elect Allan Diplock as Director           For       For        Management


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

PT INDOSAT, INDONESIAN SATELLITE CORPORATION

Ticker:       IIT            Security ID:  ID1000057102
Meeting Date: MAR 8, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 5-for-1 Stock Split               For       For        Management
2     Approve Remuneration of Directors         For       For        Management


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

PT INDOSAT, INDONESIAN SATELLITE CORPORATION

Ticker:       IIT            Security ID:  ID1000097405
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAY 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors and Commissioners
2     Approve Allocation of Income              For       For        Management
3     Approve Remuneration of Commissioners     For       For        Management
4     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
5     Approve Second Phase Exercise Price of    For       Against    Management
      Options Pursuant to Employee Stock Option
      Program
6     Elect Directors and Commissioners         For       For        Management


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

REED ELSEVIER NV (FORMERLY ELSEVIER NV)

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

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Documents Received                        None      Did Not    Management
                                                          Vote
3     Receive Report of Management Board        None      Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
5     Approve Dividends of EUR 0.30 per         For       Did Not    Management
      Ordinary Share                                      Vote
6     Discussion about Company's Corporate      None      Did Not    Management
      Governance Report                                   Vote
7.1   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
7.2   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
8     Reelect Deloitte Accountants as Auditors  For       Did Not    Management
                                                          Vote
9.1   Reelect Lord Sharman as Member of         For       Did Not    Management
      Supervisory Board                                   Vote
9.2   Reelect R. Stomberg as Member of          For       Did Not    Management
      Supervisory Board                                   Vote
9.3   Reelect M. Tabaksblat as Member of        For       Did Not    Management
      Supervisory Board                                   Vote
10    Reelect G. van de Aast as Member of       For       Did Not    Management
      Management Board                                    Vote
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12.1  Grant Board Authority to Issue Shares Up  For       Did Not    Management
      to Ten Percent of Issued Share Capital              Vote
12.2  Grant Board Authority to Restrict/Exclude For       Did Not    Management
      Preemptive Rights for Share Issuance                Vote
      under Item 12.1
13    Other Business                            None      Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

ROYAL BANK OF SCOTLAND GROUP PLC

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

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


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

SANOFI-SYNTHELABO (FORMERLY SANOFI)

Ticker:                      Security ID:  FR0000120578
Meeting Date: JUN 23, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.53 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of EUR 7 Billion
7     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 750 Million; Set Global Limit for
      Capital Increase to Result from Issuance
      Requests in Items 7-10 at EUR 1.25
      Billion
8     Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 750 Million
9     Allow Board to Issue Shares in the Event  For       Against    Management
      of a Public Tender Offer or Share
      Exchange Offer
10    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 500 Million for Bonus Issue or
      Increase in Par Value
11    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
12    Approve Stock Option Plan Grants          For       Against    Management
13    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
14    Authorize Capital Increase of Up to EUR   For       For        Management
      1.429 Billion for Aventis Exchange Offer
15    Change Company Name to Sanofi-Aventis     For       For        Management
16    Amend Articles of Association to Reduce   For       For        Management
      Term of Board Members from Five to Four
      Years
17    Amend Articles to Reflect 2003 Legal      For       For        Management
      Changes Re: Powers of the Chairman
18    Reelect Jean-Francois Dehecq as Director  For       For        Management
      (Representing Sanofi-Synthelabo)
19    Reelect Rene Barbier de la Serre as       For       For        Management
      Director (Representing Sanofi-Synthelabo)
20    Reelect Robert Castaigne as Director      For       For        Management
      (Representing Sanofi-Synthelabo)
21    Reelect Thierry Desmarest as Director     For       For        Management
      (Representing Sanofi-Synthelabo)
22    Reelect Lindsay Owen-Jones as Director    For       For        Management
      (Representing Sanofi-Synthelabo)
23    Reelect Bruno Weymuller as Director       For       For        Management
      (Representing Sanofi-Synthelabo)
24    Confirm Appointment of Lord Douro as      For       For        Management
      Director (Representing Sanofi-Synthelabo)
25    Confirm Appointment of Gerard Van Kemmel  For       For        Management
      as Director (Representing
      Sanofi-Synthelabo)
26    Elect Christian Mulliez as Director       For       For        Management
      (Representing Sanofi-Synthelabo)
27    Elect Jean-Marc Bruel as Director         For       For        Management
      (Representing Aventis)
28    Elect Jurgen Dormann as Director          For       For        Management
      (Representing Aventis)
29    Elect Jean-Rene Fourtou as Director       For       For        Management
      (Representing Aventis)
30    Elect Serge Kampf as Director             For       For        Management
      (Representing Aventis)
31    Elect Igor Landau as Director             For       For        Management
      (Representing Aventis)
32    Elect Hubert Markl as Director            For       For        Management
      (Representing Aventis)
33    Elect Klaus Pohle as Director             For       For        Management
      (Representing Aventis)
34    Elect Hermann Scholl as Director          For       For        Management
      (Representing Aventis)
35    Confirm End of Term of Permanent          For       For        Management
      Representative of Elf Aquitaine, L'Oreal,
      Pierre Castres Saint-Martin,
      Pierre-Gilles de Gennes, and Herve Guerin
      as Directors
36    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of Up to EUR 1 Million
37    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

SCOTTISH & NEWCASTLE PLC

Ticker:                      Security ID:  GB0007839698
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 13.41 Pence Per For       For        Management
      Share
4     Re-elect Iain Anderson as Director        For       For        Management
5     Re-elect Erik Hartwall as Director        For       For        Management
6     Re-elect Neville Isdell as Director       For       For        Management
7     Re-elect Ian McAllister as Director       For       For        Management
8     Re-elect Ian McHoul as Director           For       For        Management
9     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 280,000
      to GBP 310,000
12    Adopt New Articles of Association         For       For        Management
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 34 Million
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 8,900,000
15    Authorise 89 Million Ordinary Shares for  For       For        Management
      Market Purchase
16    Approve Scottish and Newcastle            For       For        Management
      Performance Share Plan


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

SECURITAS AB

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

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


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

SIAM CEMENT CO. LTD.

Ticker:                      Security ID:  TH0003010Z12
Meeting Date: MAR 24, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

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


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

STATOIL ASA

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

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


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

SUN HUNG KAI PROPERTIES LTD.

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

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


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

SUNCOR ENERGY INC

Ticker:       SU.            Security ID:  CA8672291066
Meeting Date: APR 29, 2004   Meeting Type: Annual/Special
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mel E. Benson             For       For        Management
1.2   Elect  Director Brian A. Canfield         For       For        Management
1.3   Elect  Director Susan E. Crocker          For       For        Management
1.4   Elect  Director Bryan P. Davies           For       For        Management
1.5   Elect  Director Brian A. Felesky          For       For        Management
1.6   Elect  Director John T. Ferguson          For       For        Management
1.7   Elect  Director W. Douglas Ford           For       For        Management
1.8   Elect  Director Richard L. George         For       For        Management
1.9   Elect  Director John R. Huff              For       For        Management
1.10  Elect  Director Robert W. Korthals        For       For        Management
1.11  Elect  Director M. Ann McCaig             For       For        Management
1.12  Elect  Director Michael W. O'Brien        For       For        Management
1.13  Elect  Director JR Shaw                   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit New Participants in the Senior     Against   Against    Shareholder
      Executive Retirement Plan to a
      Shareholder Vote


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

SWIRE PACIFIC

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

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


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

SYNGENTA AG

Ticker:                      Security ID:  CH0011037469
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
3     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
4     Approve CHF 191.4 Million Reduction in    For       Did Not    Management
      Share Capital via Reduction in Par Value            Vote
      and Repayment to Shareholders
5     Amend Articles Re: Submission of          For       Did Not    Management
      Shareholder Proposals                               Vote
6     Authorize Repurchase of up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
7     Reelect Rupert Gasser, Heinz Imhof, and   For       Did Not    Management
      Michael Pragnell as Directors                       Vote
8     Reelect Ernst and Young AG as Auditors    For       Did Not    Management
                                                          Vote


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

TAISHIN FINANCIAL HOLDINGS CO LTD

Ticker:                      Security ID:  TW0002887007
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Corporate Debt
2.1   Approve Change of Usage of Proceeds from  For       For        Management
      Domestic and Overseas Convertible Bond
      Issuance
2.2   Accept Financial Statements and Statutory For       For        Management
      Reports
2.3   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.20 per Share and Stock
      Dividend of 60 Shares per 1000 Shares
3.1   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
3.2   Amend Procedures Governing the            For       For        Management
      Acquisition or Disposal of Assets
3.3   Amend Articles of Association             For       For        Management
4     Other Business                            None      None       Management


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

TELEFONICA  S.A. (FORMERLY TELEFONICA DE ESPANA, S.A.)

Ticker:       TEF            Security ID:  ES0178430E18
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income, and Discharge Directors
2     Approve Dividend Per Share                For       For        Management
3     Approve Auditors                          For       For        Management
4     Authorize Repurchase of Shares            For       For        Management
5     Approve General Meeting Guidelines        For       For        Management
6     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

TOKYO STEEL MFG. CO. LTD.

Ticker:                      Security ID:  JP3579800008
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Amend Articles to: Authorize Appointment  For       Against    Management
      of Alternate Statutory Auditors -
      Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Appoint Alternate Statutory Auditor       For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management


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

TOYOTA MOTOR CORP.

Ticker:       TM             Security ID:  JP3633400001
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Against    Management
      the Following Dividends: Interim JY 20,
      Final JY 25, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
3.27  Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management
5     Authorize Share Repurchase Program        For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management
      and Special Bonus for Family of Deceased
      Director
7     Approve Alternate Allocation of Income,   Against   For        Shareholder
      with a Final Dividend of JY 40 Per Share
8     Amend Articles of Incorporation to        Against   For        Shareholder
      Require Disclosure of Individual
      Compensation Levels of Directors and
      Statutory Auditors
9     Amend Articles of Incorporation to        Against   Against    Shareholder
      Prohibit Corporate Donations to Political
      Parties and Political Fundraising Groups


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

TPG NV (FORMERLY TNT POST GROUP NV)

Ticker:       TP             Security ID:  NL0000009058
Meeting Date: APR 7, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Presentation by M. Bakker         None      None       Management
3     Receive Report of Management Board        None      None       Management
4     Discussion about Company's Corporate      None      None       Management
      Governance Policy
5.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
5.2   Receive Explanation of Company's Reserves None      None       Management
      and Dividend Policy
5.3   Approve Discharge of Management Board     For       For        Management
5.4   Approve Discharge of Supervisory Board    For       For        Management
5.5   Authorize Board to Prepare Annual Report  For       For        Management
      in English
6.1   Ratify Previous Appointment of D. Kulik   For       For        Management
      and M. Lombard as New Members to the
      Management Board
6.2   Reelect M. Bakker to Management Board     For       For        Management
7     Approve Remuneration Policy for           For       For        Management
      Management Board
8.1   Opportunity for General Meeting to Make   None      None       Management
      Recommendations for Appointment Member of
      Supervisory Board
8.2   Reelect R. Abrahamsen to Supervisory      For       For        Management
      Board
8.3   Receive Announcement of Resignation of J. None      None       Management
      Hommem from Supervisory Board
9.1   Grant Board Authority to Issue All        For       Against    Management
      Preference B Shares as well as Ordinary
      Shares Up to 20 Percent of Issued Share
      Capital
9.2   Grant Board Authority to Restrict/Exclude For       Against    Management
      Preemptive Rights from Ordinary Share
      Issuance Under Item 9.1
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
11    Receive Announcement on the Conclusions   None      None       Management
      of Three-Year Assessment of the
      Functioning of the External Auditor
12    Amend Articles Re: Add Indemnity Clause   For       For        Management
      to Indemnify Members of Management Board
      and Supervisory Board
13    Allow Questions                           None      None       Management
14    Close Meeting                             None      None       Management


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

UBS AG

Ticker:                      Security ID:  CH0012032030
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of CHF 2.60 per Share                     Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4.1   Reelect Peter Davis as Director           For       Did Not    Management
                                                          Vote
4.2.1 Elect Stephan Haeringer as Director       For       Did Not    Management
                                                          Vote
4.2.2 Elect Helmut Panke as Director            For       Did Not    Management
                                                          Vote
4.2.3 Elect Peter Spuhler as Director           For       Did Not    Management
                                                          Vote
4.3   Ratify Ernst and Young as Auditors        For       Did Not    Management
                                                          Vote
5.1   Approve CHF 47.6 Million Reduction in     For       Did Not    Management
      Share Capital via Cancellation of Shares            Vote
5.2   Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital                                             Vote


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

UFJ HOLDINGS INC.

Ticker:                      Security ID:  JP3944300007
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Retained Earnings,  For       For        Management
      with No Dividends on Ordinary Shares
2     Amend Articles to: Decrease Authorized    For       For        Management
      Preferred Share Capital to Reflect
      Conversion of Preferred to Ordinary
      Shares - Authorize Share Repurchases at
      Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management


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

VIVENDI UNIVERSAL SA (FORMERLY VIVENDI)

Ticker:       V              Security ID:  FR0000127771
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and Omission For       For        Management
      of Dividends
5     Reelect Jean-Rene Fourtou as Director     For       For        Management
6     Reelect Claude Bebear as Director         For       For        Management
7     Reelect Gerard Bremond as Director        For       For        Management
8     Reelect Bertrand Collomb as Director      For       For        Management
9     Reelect Paul Fribourg as Director         For       For        Management
10    Reelect Gerard Kleisterlee as Director    For       For        Management
11    Reelect Henri Lachmann as Director        For       For        Management
12    Elect Karel Van Miert as Director         For       For        Management
13    Elect Pierre Rodocanachi as Director      For       For        Management
14    Ratify Cooptation of Gabriel Hawawini as  For       For        Management
      Director
15    Authorize Issuance of Bonds/Debentures in For       For        Management
      the Aggregate Value of Up to EUR 7
      Billion
16    Authorize Repurchase of Up to Five        For       For        Management
      Percent of Issued Share Capital
17    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

WMC RESOURCES LTD

Ticker:                      Security ID:  AU000000WMR6
Meeting Date: APR 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Elect P J Knight as Director              For       For        Management
1b    Elect I E Webber as Director              For       For        Management
1c    Elect G W McGregor as Director            For       For        Management
1d    Elect G J Pizzey as Director              For       For        Management




=============== BLACKROCK INTERNATIONAL OPPORTUNITIES PORTFOLIO ================

ITEM 1 PROXY VOTING RECORD

AB LINDEX

Ticker:                      Security ID:  W0166N104
Meeting Date: JAN 15, 2004   Meeting Type: Annual
Record Date:  JAN 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting                 For       For        Management
3     Prepare and Approve List of Shareholders  For       For        Management
4     Approve Agenda of Meeting                 For       For        Management
5     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
6     Acknowledge Proper Convening of Meeting   For       For        Management
7     Receive Financial Statements and          None      None       Management
      Statutory Reports
8     Accept Financial Statements and Statutory For       For        Management
      Reports
9     Approve Allocation of Income and          For       For        Management
      Dividends of SEK 12 Per Share
10    Approve Discharge of Board and President  For       For        Management
11    Determine Number of Members (7) and       For       For        Management
      Deputy Members (0) of Board
12    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 1.1 Million
13    Reelect Birgitta Johansson-Hedberg,       For       For        Management
      Gerard De Geer, Joergen Johansson, Bengt
      Larsson, and Lars Otterbeck as Directors;
      Elect Christer Gardell and Conny Karlsson
      as New Directors
14    Determine Number of Auditors and Deputy   For       For        Management
      Auditors
15    Approve Remuneration of Auditors          For       For        Management
16    Ratify Auditors                           For       For        Management
17    Authorize Election of Election Committee  For       For        Management
18    Elect Members of Election Committee       For       For        Management
19    Other Business (Non-Voting)               None      None       Management
20    Close Meeting                             None      None       Management


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

ACS, ACTIVIDADES DE CONSTRUCCIONES (FORMERLY GINES NAVARRO C

Ticker:                      Security ID:  E7813W106
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:

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


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

ACS, ACTIVIDADES DE CONSTRUCCIONES (FORMERLY GINES NAVARRO C

Ticker:                      Security ID:  E7813W106
Meeting Date: OCT 13, 2003   Meeting Type: Special
Record Date:

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


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

ACS, ACTIVIDADES DE CONSTRUCCIONES (FORMERLY GINES NAVARRO C

Ticker:                      Security ID:  E7813W106
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:

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


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

ADVANCED INFO SERVICE PCL

Ticker:       AVIFY          Security ID:  Y0014U183
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

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


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

AEGIS GROUP PLC

Ticker:       AEGSY          Security ID:  G0105D108
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:

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


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

AICA KOGYO CO. LTD.

Ticker:                      Security ID:  J00252106
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 8,
      Final JY 11, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management


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

AIR FRANCE

Ticker:                      Security ID:  F1768D113
Meeting Date: JUL 10, 2003   Meeting Type: Annual/Special
Record Date:  JUL 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Treatment of Losses and Dividends For       For        Management
      of EUR 0.09 per Share
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Authorize Repurchase of Up to Five        For       For        Management
      Percent of Issued Share Capital
6     Amend Articles of Association Re:         For       Against    Management
      Conformity with Law of Apr. 9, 2003
7     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

ALFA LAVAL A B

Ticker:                      Security ID:  W04008152
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting                 For       For        Management
3     Prepare and Approve List of Shareholders  For       For        Management
4     Approve Agenda of Meeting                 For       For        Management
5     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
6     Acknowledge Proper Convening of Meeting   For       For        Management
7     Receive President's Report                None      None       Management
8     Receive Financial Statements and          None      None       Management
      Statutory Reports
9     Receive Board and Committee Reports       None      None       Management
10.1  Accept Financial Statements and Statutory For       For        Management
      Reports
10.2  Approve Allocation of Income and          For       For        Management
      Dividends of SEK 4 Per Share
10.3  Approve Discharge of Board and President  For       For        Management
11    Recievie Nomination Committee Report      None      None       Management
12    Determine Number of Members (8) and       For       For        Management
      Deputy Members (0) of Board; Determine
      Number of Auditors (2) and Deputy
      Auditors (2)
13    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 2.5 Million;
      Approve Remuneration of Auditors
14    Reelect Lena Olving, Anders Narvinger,    For       For        Management
      Finn Rausing, Joern Rausing, Christian
      Salomon, Bjoern Saven, and Waldemar
      Schmidt as Directors; Elect Gunilla Berg
      as New Director; Ratify Ganestam and
      Mouchard as Auditors and Olsson and
      Swenson as Deputy Auditors
15.1A Shareholder Proposal: Authorize General   Against   For        Shareholder
      Meeting to Elect Members of Nominating
      Committee
15.1B Authorize Chairman of Board to Appoint    For       Against    Management
      Members of Nominating Committee
15.2  Shareholder Proposal: Authorize Board to  Against   For        Shareholder
      Establish an Audit Committee
16    Other Business (Non-Voting)               None      None       Management
17    Close Meeting                             None      None       Management


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

ALLIANCE UNICHEM PLC (FRM.UNICHEM PLC)

Ticker:                      Security ID:  G0182K124
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 11 Pence Per    For       For        Management
      Share
4     Re-elect Jeff Harris as Director          For       For        Management
5     Re-elect Ken Clarke as Director           For       For        Management
6     Re-elect Geoff Cooper as Director         For       For        Management
7     Re-elect George Fairweather as Director   For       For        Management
8     Elect Per Utnegaard as Director           For       For        Management
9     Elect Adrian Loader as Director           For       For        Management
10    Elect Manfred Stach as Director           For       For        Management
11    Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
12    Approve Waiver on Tender-Bid Requirement  For       For        Management
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,222,518.90
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,753,505.50
15    Approve Scrip Dividend                    For       For        Management
16    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 300,000
      to GBP 500,000
17    Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 75,000


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

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  X1687N119
Meeting Date: SEP 26, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Draft Merger Contract for         For       For        Management
      Acquisition of Alpha Investments; Approve
      Merger Balance Sheet and Directors'
      Report; Grant Authorization to Sign
      Notary Papers Regarding Acquisition
2     Approve Acquisition of Alpha Investments  For       For        Management
3     Approve Issue of Shares for Acquisition   For       For        Management
      of Alpha Investments; Decrease in Share
      Capital Pursuant to Cancellation of Cross
      Holdings; Increase in Par Value from EUR
      4.15 to EUR 4.87 Per Share; Amend Article
      No. 5 Re: Fractional Shares
4     Approve Actions of Board Concerning       For       For        Management
      Aquisition


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

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  X1687N119
Meeting Date: OCT 14, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Draft Merger Contract for         For       For        Management
      Acquisition of Alpha Investments; Approve
      Merger Balance Sheet and Directors'
      Report; Grant Authorization to Sign
      Notary Papers Regarding Acquisition
2     Approve Acquisition of Alpha Investments  For       For        Management
3     Approve Issue of Shares for Acquisition   For       For        Management
      of Alpha Investments; Decrease in Share
      Capital Pursuant to Cancellation of Cross
      Holdings; Increase in Par Value from EUR
      4.15 to EUR 4.87 Per Share; Amend Article
      No. 5 Re: Fractional Shares
4     Approve Actions of Board Concerning       For       For        Management
      Aquisition


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

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  X1687N119
Meeting Date: OCT 30, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Draft Merger Contract for         For       For        Management
      Acquisition of Alpha Investments; Approve
      Merger Balance Sheet and Directors'
      Report; Grant Authorization to Sign
      Notary Papers Regarding Acquisition
2     Approve Acquisition of Alpha Investments  For       For        Management
3     Approve Issue of Shares for Acquisition   For       For        Management
      of Alpha Investments; Decrease in Share
      Capital Pursuant to Cancellation of Cross
      Holdings; Increase in Par Value from EUR
      4.15 to EUR 4.87 Per Share; Amend Article
      No. 5 Re: Fractional Shares
4     Approve Actions of Board Concerning       For       For        Management
      Aquisition


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

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  X1687N119
Meeting Date: MAR 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board of Directors   For       For        Management
      and Chartered Accountants
3     Approve Chartered Accountants and         For       For        Management
      Substitutes For Fiscal Year 2004 and Fix
      Their Remuneration
4     Approve Transformation of Balance Sheets  For       Against    Management
      Dated March 2003 and June 2003 of ALPHA
      HOLDINGS ROMANIA and ALPHA INVEST
      respectively
5     Approve Discharge of Board of Directors   For       For        Management
      and Chartered  Accountants of ALPHA
      HOLDINGS ROMANIA and ALPHA INVEST
6     Amend Article 5 Re: Preemptive Rights     For       Against    Management
7     Authorize Capitalization of Reserves for  For       For        Management
      Bonus Issue or Increase in Par Value
8     Amend Articles to Reflect Changes in      For       For        Management
      Capital
9     Authorize Share Repurchase Program        For       For        Management
10    Amend Articles 15.17 and 20 to Authorize  For       Against    Management
      Board to Issue Corporate Bonds in
      Compliance With Greek Law 3156/2003
11    Approve Remuneration of Directors         For       For        Management
12    Authorize Directors to Participate in the For       For        Management
      Board of Companies with Similar Corporate
      Purpose


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

AMEC PLC

Ticker:                      Security ID:  G02604117
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:

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


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

ANDRITZ AG

Ticker:                      Security ID:  A11123105
Meeting Date: MAR 30, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.00 per Share
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Approve Remuneration for Supevisory Board For       For        Management
      Members
6     Ratify Auditors                           For       For        Management
7     Elect Supervisory Board Members           For       For        Management
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital; Authorize Board
      to Issue Repurchased Shares as New Shares
      without Preemptive Rights
9     Approve Stock Option Plan for Key         For       For        Management
      Employees


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

ANTOFAGASTA PLC. (FRM. ANTOFAGASTA HOLDINGS)

Ticker:                      Security ID:  G0398N128
Meeting Date: OCT 1, 2003    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Declare Special Dividend of USD           For       For        Management
      15,960,589 in Respect of Ordinary Shares
      of the Company Pursuant to Demerger of
      Andsberg Ltd.


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

ANTOFAGASTA PLC. (FRM. ANTOFAGASTA HOLDINGS)

Ticker:                      Security ID:  G0398N128
Meeting Date: JUN 9, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of USD 0.24 Per    For       For        Management
      Ordinary Share
4     Re-elect Charles Bailey as Director       For       For        Management
5     Re-elect Gonzalo Menendez as Director     For       For        Management
6     Re-elect Philip Adeane as Director        For       For        Management
7     Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
8     Elect Daniel Yarur as Director            For       For        Management
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 492,928
10    Amend Articles of Association Re:         For       For        Management
      Electronic Communications


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

ARNOLDO MONDADORI EDITORE

Ticker:                      Security ID:  T6901G126
Meeting Date: JUL 29, 2003   Meeting Type: Special
Record Date:  JUL 24, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Appoint Internal Statutory Auditors       For       For        Management
1     Approve Mandatory Conversion of 151,412   For       For        Management
      Savings Shares into Ordinary Shares


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

AUTOLIV INC.

Ticker:       ALV            Security ID:  052800109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Per-Olof Aronson          For       For        Management
1.2   Elect  Director Walter Kunerth            For       For        Management
1.3   Elect  Director Lars Westerberg           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

AUTOSTRADA TORINO MILANO

Ticker:                      Security ID:  T06552102
Meeting Date: NOV 21, 2003   Meeting Type: Special
Record Date:  NOV 14, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Dividend Distribution             For       For        Management
1     Amend Articles of Association Also To     For       Against    Management
      Reflect Changes in Company Law Effective
      Jan. 2004


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

AUTOSTRADA TORINO MILANO

Ticker:                      Security ID:  T06552102
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  APR 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       For        Management
      Accounts, and Statutory Reports
2     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors for the Three-Year Term
      2004-2006
3     Approve Annual Remuneration of Directors  For       For        Management
4     Accept a Report Concerning the Company's  For       For        Management
      Corporate Governance Practices


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

AUTOSTRADA TORINO MILANO

Ticker:                      Security ID:  T06552102
Meeting Date: SEP 29, 2003   Meeting Type: Special
Record Date:  SEP 24, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect One Director                        For       For        Management
2     Authorize Board to Repurchase Shares;     For       For        Management
      Cancel Repurchased Shares
1     Amend Corporate Purpose                   For       For        Management


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

BANCO POPOLARE DI VERONA E NOVARA SCRL (FRMLY BANCA POPOLARE

Ticker:                      Security ID:  T1866D101
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' and Auditors' Reports  None      None       Management
2     Approve Financial Statements and          For       For        Management
      Allocation of Income
3     Approve Renunciation of Legal Action      For       For        Management
      Against Manager of Former Banca Popolare
      di Novara S.c.a.r.l
4     Elect Six Directors for the Three-Year    For       For        Management
      Term 2004-2006
5     Elect One Director for the Two-Year Term  For       For        Management
      2004-2005


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

BANK OF BARODA

Ticker:                      Security ID:  Y06451119
Meeting Date: JUL 29, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Reduction in Share Capital        For       For        Management


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

BANK OF YOKOHAMA LTD.

Ticker:                      Security ID:  J04242103
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends on Ordinary
      Shares: Interim JY 0, Final JY 5, Special
      JY 0
2     Authorize Repurchase of Preferred Shares  For       For        Management
3     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion -
      Create Position of Vice-Chairman
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor
7     Approve Executive Stock Option Plan       For       For        Management


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

BHARAT HEAVY ELECTRICALS LTD.

Ticker:                      Security ID:  Y0882L117
Meeting Date: SEP 30, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 4 Per Share      For       For        Management
3     Reappoint A.C. Wadhawan as Director       For       For        Management
4     Reappoint A. Patkar as Director           For       For        Management
5     Reappoint G.P. Gupta as Director          For       For        Management
6     Approve Shiromany Tyagi & Co. as Auditors For       For        Management
      and Authorize Board to Fix Their
      Remuneration
7     Appoint I. Shankar as Director            For       For        Management
8     Appoint A.D. Sing as Director             For       For        Management


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

BHARTI TELE-VENTURES LTD

Ticker:                      Security ID:  Y0885K108
Meeting Date: MAY 8, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Issuance of Convertible Bonds   For       Against    Management
      without Preemptive Rights
2     Approve Investment in Hexacom India Ltd.  For       Against    Management
3     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities to Shareholders
      to Hexacom India Ltd.


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

BILFINGER & BERGER BAU-AG

Ticker:                      Security ID:  D11648108
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.65 per Share
3     Approve Discharge of Management Board     For       For        Management
4     Approve Discharge of Supervisory Board    For       For        Management
5     Elect Hermut Kormann to the Supervisory   For       For        Management
      Board; Elect Juergen Than and Peter
      Thomsen as Alternate Supervisory Board
      Members
6     Approve Creation of EUR 20 Million Pool   For       For        Management
      of Conditional Capital with Preemptive
      Rights
7     Approve Creation of EUR 10 Million Pool   For       For        Management
      of Conditional Capital without Preemptive
      Rights
8     Approve Cancellation of 2000 Stock Option For       For        Management
      Plan
9     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
10    Ratify PwC Deutsche Revision AG as        For       For        Management
      Auditors


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

BLUESCOPE STEEL LTD (FORMERLY BHP STEEL LTD)

Ticker:                      Security ID:  Q1498R109
Meeting Date: NOV 12, 2003   Meeting Type: Annual
Record Date:  NOV 10, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports for the Year Ended June 30, 2003
2a    Elect H K McCann as Director              For       For        Management
2b    Elect P Rizzo as Director                 For       For        Management
2c    Elect Y P Tan as Director                 For       For        Management
3     Change Company Name to BlueScope Steel    For       For        Management
      Limited
4     Approve Participation by Kirby Adams,     For       For        Management
      Managing Director and Chief Executive
      Officer in the Employee Share Purchase
      Plan
5     Approve Grant of Share Rights to Managing For       For        Management
      Director and Chief Executive Officer,
      Kirby Adams, Under the Long Term
      Incentive Plan
6     Approve Non-Executive Director Share Plan For       For        Management


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

BOOKHAM TECHNOLOGY

Ticker:                      Security ID:  09856Q108
Meeting Date: MAR 5, 2004    Meeting Type: Special
Record Date:  JAN 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THAT THE ACQUISITION BY WAY OF MERGER OF  For       For        Management
      NEW FOCUS, INC. (THE  ACQUISITION ) UPON
      THE TERMS AND CONDITIONS OF THE AGREEMENT
      DATED 21 SEPTEMBER 2003 BE AND IS HEREBY
      APPROVED.
2     SUBJECT TO THE PASSING OF RESOLUTION 1,   For       For        Management
      THAT THE AUTHORISED SHARE CAPITAL OF THE
      COMPANY BE AND IS HEREBY INCREASED FROM
      1,000,000 POUNDS TO 1,500,000 POUNDS BY
      THE CREATION OF 150,000,000 ADDITIONAL
      ORDINARY SHARES OF 1/3P EACH IN THE
      CAPITAL OF THE COM
3     SUBJECT TO THE PASSING OF RESOLUTION 2,   For       For        Management
      THAT THE DIRECTORS BE AND ARE HEREBY
      GENERALLY AND UNCONDITIONALLY AUTHORISED
      TO EXERCISE ALL THE POWERS OF THE COMPANY
      TO ALLOT RELEVANT SECURITIES.
4     TO AUTHORISE THE DIRECTORS GENERALLY AND  For       For        Management
      UNCONDITIONALLY TO EXERCISE THE POWERS OF
      THE COMPANY TO ALLOT RELEVANT SECURITIES.
5     SUBJECT TO THE PASSING OF RESOLUTION 4,   For       For        Management
      THAT THE DIRECTORS BE AND ARE HEREBY
      EMPOWERED TO ALLOT EQUITY SECURITIES.


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

BOOKHAM TECHNOLOGY

Ticker:                      Security ID:  09856Q108
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE THE ACCOUNTS, TOGETHER WITH    For       For        Management
      THE DIRECTORS  REPORT, THE DIRECTORS
      REMUNERATION REPORT AND AUDITORS  REPORT.
2     TO APPROVE THE DIRECTOR S REMUNERATION    For       For        Management
      REPORT AS SET OUT IN THE ANNUAL REPORT
      AND ACCOUNTS FOR THE FINANCIAL YEAR ENDED
      31 DECEMBER 2003.
3     TO RE-ELECT ROBERT RICKMAN AS A DIRECTOR  For       For        Management
      OF THE COMPANY.
4     TO ELECT DR. PETER BORDUI AS A DIRECTOR   For       For        Management
      OF THE COMPANY.
5     TO ELECT DR. WINSTON FU AS A DIRECTOR OF  For       For        Management
      THE COMPANY.
6     Ratify Auditors                           For       For        Management
7     TO AUTHORISE THE DIRECTORS GENERALLY AND  For       For        Management
      UNCONDITIONALLY PURSUANT TO SECTION 80 OF
      THE COMPANIES ACT 1985 TO EXERCISE ALL
      THE POWERS OF THE COMPANY TO ALLOT
      RELEVANT SECURITIES.
8     SUBJECT TO THE PASSING OF RESOLUTION 7    For       For        Management
      ABOVE, THAT THE DIRECTORS BE AND ARE
      HEREBY EMPOWERED TO ALLOT EQUITY
      SECURITIES.
9     THAT THE COMPANY IS GENERALLY AND         For       For        Management
      UNCONDITIONALLY HEREBY AUTHORISED TO MAKE
      MARKET PURCHASES OF ANY OF ITS ORDINARY
      SHARES.


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

BRISA (AUTO-ESTRADA)

Ticker:                      Security ID:  X07448107
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income              For       For        Management
4     Approve Discharge of Management and       For       For        Management
      Supervisory Boards
5     Present Report Re: Execution of           None      None       Management
      Management Incentive Plan
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Elect Nominating Committee                None      Against    Shareholder


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

BULGARI SPA

Ticker:                      Security ID:  T23079113
Meeting Date: NOV 24, 2003   Meeting Type: Special
Record Date:  NOV 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Dismiss Current External Auditors Re:     For       Did Not    Management
      Fiscal Year 2003                                    Vote
2     Appoint New External Auditors for Bulgari For       Did Not    Management
      Spa And All Subsidiaries Except Bulgari             Vote
      Italia Spa, Bulgari Gioielli Spa, And
      Bulgari Parfums Italia Spa
3     Authorize Board to Repurchase Shares And  For       Did Not    Management
      Re-Issue Repurchased Shares Including the           Vote
      Use of Financial Instruments Such As Put
      or Call Options
4     Adopt Rules Governing General Meetings    For       Did Not    Management
                                                          Vote


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

CAIRN ENERGY PLC

Ticker:                      Security ID:  G64399101
Meeting Date: OCT 6, 2003    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Shell's Interests  For       For        Management
      in the Sangu Development Area and in
      Bangladesh Exploration Blocks 5 and 10


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

CANARA BANK

Ticker:                      Security ID:  Y1081F109
Meeting Date: JUL 16, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports


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

CHI MEI OPTOELECTRONIC CORP

Ticker:                      Security ID:  Y1371Q104
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  MAY 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO AUTHORIZE THE CAPITALIZATION OF STOCK  For       Did Not    Management
      DIVIDENDS AND EMPLOYEE BONUSES.                     Vote
2     TO AUTHORIZE THE PRIVATE PLACEMENT OF     For       Did Not    Management
      PREFERRED SHARES.                                   Vote
3     TO AUTHORIZE THE AMENDMENT TO THE         For       Did Not    Management
      ARTICLES OF INCORPORATION.                          Vote
4     TO AUTHORIZE THE RE-ELECTION OF THE       For       Did Not    Management
      DIRECTORS AND SUPERVISORS.                          Vote
5     TO AUTHORIZE THE RELEASE OF THE           For       Did Not    Management
      DIRECTORS(S)  LIABILITY FOR COMPETING               Vote
      WITH THE COMPANY.


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

CHINA MERCHANTS HOLDINGS (INTERNATIONAL) LTD.

Ticker:                      Security ID:  Y1489Q103
Meeting Date: OCT 17, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Shekou Land        For       For        Management
2     Approve Acquisition of Zhangzhou Joint    For       For        Management
      Venture Company
3     Approve Sale of 17.32 Percent Interest in For       For        Management
      China Merchants Shekou Hldgs. Co., Ltd.


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

CHINA MOTOR CO LTD

Ticker:                      Security ID:  Y1499J107
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results of FY 2003
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Unsecured Corporate Bonds
1.4   Receive Report on Endorsement Guaranty to None      None       Management
      Third Party
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
3     Amend Articles of Association             For       Against    Management
4     Elect Directors and Supervisors           For       For        Management
5     Other Business                            None      None       Management


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

CHINA RESOURCES POWER HOLDINGS CO LTD

Ticker:                      Security ID:  Y1503A100
Meeting Date: MAY 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Reelect Song Lin as Director              For       For        Management
2b    Reelect Wang Shuai Ting as Director       For       For        Management
2c    Reelect Shen Zhong Min as Director        For       For        Management
2d    Reelect Tang Cheng as Director            For       For        Management
2e    Reelect Zhang Shen Wen as Director        For       For        Management
2f    Reelect Ning Gao Ning as Director         For       For        Management
2g    Reelect Jiang Wei as Director             For       For        Management
2h    Reelect Wu Jing Ru as Director            For       For        Management
2i    Reelect Fong Ching, Eddy as Director      For       For        Management
2j    Reelect Anthony Adams as Director         For       For        Management
2k    Approve Remuneration of Directors         For       For        Management
3     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
4     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Adopt Amended Articles of Association     For       For        Management


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

CHINA TRUST FINANCIAL HOLDINGS COMPANY LTD.

Ticker:                      Security ID:  Y15093100
Meeting Date: AUG 20, 2003   Meeting Type: Special
Record Date:  JUL 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Issuance of 2003        None      None       Management
      Corporate Bonds
2.1   Approve Equity Swap to Acquire Grand      For       For        Management
      Commercial Bank
2.2   Amend Articles of Association             For       For        Management
3.1   Other Business                            None      None       Management


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

CHRISTIAN DIOR

Ticker:                      Security ID:  F26334106
Meeting Date: MAY 13, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.305 per Share
5     Reelect Antoine Bernheim as Director      For       For        Management
6     Reelect Raymond Wibaux as Director        For       For        Management
7     Authorize Repurchase of Up to 0.5 Percent For       For        Management
      of Issued Share Capital
8     Amend Articles of Asociation Re:          For       For        Management
      Shareholding Disclosure Requirement,
      Board Size and Terms of Directors,
      Minimum Share Ownership by Board Members,
      Role of Chairman, and Auditor Attendance
      at Board Meetings


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

CHUGAI PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  J06930101
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 13, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
5     Approve Executive Stock Option Plan       For       For        Management
6     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion


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

COCA-COLA HELLENIC BOTTLING CO.

Ticker:                      Security ID:  X1435J105
Meeting Date: OCT 31, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve EUR 473.3 Million Reduction in    For       For        Management
      Share Capital via Decrease in Par Value
      from EUR 2.50 to EUR 0.50 Per Share for
      Bonus Payment to Shareholders; Amend
      Article 3 Accordingly
2     Approve Repricing of Options              For       Against    Management
3     Elect Director to Replace Director That   For       For        Management
      Has Resigned


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

COCA-COLA HELLENIC BOTTLING CO.

Ticker:                      Security ID:  X1435J105
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board and Auditors' Statutory      For       For        Management
      Reports
2     Accept Individual and Group Financial     For       For        Management
      Statements
3     Approve Discharge of Directors and        For       For        Management
      Auditors
4     Approve Remuneration of Directors for     For       For        Management
      2003 and 2004
5     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
6     Approve Allocation of Income and          For       For        Management
      Dividends
7     Elect Directors                           For       For        Management
8     Amend Article 7 Re: Board Elections       For       For        Management


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

COCA-COLA HELLENIC BOTTLING CO.

Ticker:                      Security ID:  X1435J105
Meeting Date: SEP 15, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize EUR 518.3 Million               For       For        Management
      Capitalization of Reserves for Increase
      in Par Value from EUR 0.31 to EUR 2.50
      Per Share; Amend Article No. 3
      Correspondingly


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

COLT TELECOM GROUP PLC

Ticker:       COLT           Security ID:  G22944121
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Re-elect Barry Bateman as Director        For       For        Management
3     Re-elect Steven Akin as Director          For       For        Management
4     Elect Andreas Barth as Director           For       For        Management
5     Re-elect Paul Chisholm as Director        For       For        Management
6     Re-elect James Curvey as Director         For       For        Management
7     Re-elect Vincenzo Damiani as Director     For       For        Management
8     Elect Hans Eggerstedt as Director         For       For        Management
9     Re-elect Robert Hawley as Director        For       For        Management
10    Re-elect Timothy Hilton as Director       For       For        Management
11    Re-elect Helmert van den Hoven as         For       For        Management
      Director
12    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 14,104,915
14    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,888,504
15    Authorise 150 Million Shares for Market   For       For        Management
      Purchase
16    Approve Remuneration Report               For       For        Management


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

COSCO PACIFIC LIMITED

Ticker:                      Security ID:  G2442N104
Meeting Date: OCT 29, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Increase and Transfer     For       For        Management
      Agreement, Joint Venture Contract,
      Non-Competition Deed and Letter of
      Guarantee


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

COSCO PACIFIC LIMITED

Ticker:                      Security ID:  G2442N104
Meeting Date: MAY 21, 2004   Meeting Type: Special
Record Date:  MAY 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
2     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
3     Authorize Reissuance of Repurchased       For       For        Management
      Shares
1     Amend Bylaws Re: Voting at Meetings,      For       For        Management
      Nomination of Directors, Material
      Interest of Directors in Contracts
      Entered into by the Company


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

COSCO PACIFIC LIMITED

Ticker:                      Security ID:  G2442N104
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAY 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.18 Per     For       For        Management
      Share
3a1   Reelect Zhang Fusheng as Director         For       For        Management
3a2   Reelect Wang Futian as Director           For       For        Management
3a3   Reelect Gao Weijie as Director            For       For        Management
3a4   Reelect Chen Hongsheng as Director        For       For        Management
3a5   Reelect Ma Zehua as Director              For       For        Management
3a6   Reelect Ma Guichuan as Director           For       For        Management
3a7   Reelect Li Yunpeng as Director            For       For        Management
3a8   Reelect He Jiale as Director              For       For        Management
3a9   Reelect Liu Guoyuan as Director           For       For        Management
3a10  Reelect Li Jianhong as Director           For       For        Management
3a11  Reelect Sun Yueying as Director           For       For        Management
3a12  Reelect Qin Fuyan as Director             For       For        Management
3a13  Reelect Li Kwok Po, David as Director     For       For        Management
3b    Approve Remuneration of Directors         For       For        Management
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration


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

DAEWOO SHIPBUILDING & MARINE ENGINEERING CO.

Ticker:                      Security ID:  Y1916Y117
Meeting Date: MAR 12, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 350 Per Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Additional Business Objectives, Written
      Exercise of Voting Rights
3     Elect Directors                           For       For        Management
4     Elect Member of Audit Committee           For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors


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

DAEWOO SHIPBUILDING & MARINE ENGINEERING CO.

Ticker:                      Security ID:  Y1916Y117
Meeting Date: OCT 21, 2003   Meeting Type: Special
Record Date:  SEP 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Incorporation to        For       For        Management
      Increase Maximum Board Size
2     Elect Director                            For       For        Management
3.1   Elect Member of Audit Committee           For       For        Management
3.2   Elect Member of Audit Committee           For       For        Management
3.3   Elect Member of Audit Committee           For       For        Management


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

DAH SING FINANCIAL HOLDINGS LTD.

Ticker:                      Security ID:  Y19182107
Meeting Date: JUN 21, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Nomination of Directors,
      Material Interest of Directors in
      Contracts Entered into by the Company,
      Purchase of Liability Insurance for Any
      Director, Manager, Officer or Auditor of
      the Company


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

DAH SING FINANCIAL HOLDINGS LTD.

Ticker:                      Security ID:  Y19182107
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.81 Per     For       For        Management
      Share
3     Elect Directors                           For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
7     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

DAIKYO INC.

Ticker:                      Security ID:  J10164119
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, with No     For       For        Management
      Dividends for Ordinary Shares
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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

DAIWA HOUSE INDUSTRY CO. LTD.

Ticker:                      Security ID:  J11508124
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 15, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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

DELHAIZE GROUP (FORMERLY DELHAIZE LE LION)

Ticker:                      Security ID:  B33432129
Meeting Date: MAY 27, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
2     Authorize Board to Implement Approved     For       For        Management
      Resolutions


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

DELHAIZE GROUP (FORMERLY DELHAIZE LE LION)

Ticker:                      Security ID:  B33432129
Meeting Date: APR 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect William Roper as Director           For       For        Management
2     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
3     Authorize Board to Implement Approved     For       For        Management
      Resolutions


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

DEPFA BANK PLC

Ticker:                      Security ID:  G27230104
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Declare Final Dividend                    For       For        Management
3a    Reelect Reinhare Grzesik as Director      For       For        Management
3b    Reelect Thomas Kolbeck as Director        For       For        Management
3c    Reelect Jacques Poos as Director          For       For        Management
3d    Reelect Hans Reich as Director            For       For        Management
3e    Reelect Jurgen Karcher as Director        For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
5     Approve Sub-division of Ordinary Share    For       For        Management
      Capital
6     Approve Increase in Authorized Capital    For       For        Management
      and Authorize New Class of Preferred
      Stock


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

DON QUIJOTE

Ticker:                      Security ID:  J1235L108
Meeting Date: SEP 25, 2003   Meeting Type: Annual
Record Date:  JUN 30, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 15, Special JY 0
2     Amend Articles to: Lower Quorum           For       Against    Management
      Requirement for Special Business
3     Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


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

ENTERPRISE INNS PLC

Ticker:                      Security ID:  G3070T108
Meeting Date: JAN 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 11.4 Pence Per  For       For        Management
      Share
3     Elect David Harding as Director           For       For        Management
4     Reelect Michael Garner as Director        For       For        Management
5     Reelect Simon Townsend as Director        For       For        Management
6     Approve Ernst and Young LLP as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
7     Approve Remuneration Report               For       For        Management
8     Approve Sub-Division of Each Issued and   For       For        Management
      Unissued Ordinary Share of Ten Pence Each
      into Two Ordinary Shares of Five Pence
      Each
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,680,832
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 852,124
11    Authorize 51,093,410 Ordinary Shares for  For       For        Management
      Share Repurchase Program
12    Adopt New Articles of Association         For       For        Management


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

ENTERPRISE INNS PLC

Ticker:                      Security ID:  G3070Z146
Meeting Date: MAR 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Outstanding Equity For       For        Management
      in The Unique Pub Company Limited;
      Procurement by the Company of Funding to
      Enable Unique Pub Holding Company Limited
      (UPH), a Subsidiary of Unique, to Redeem
      all Outstanding Deep Discount Bonds in
      UPH's Capital


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

ERSTE BANK DER OESTER SPARK

Ticker:                      Security ID:  A19494102
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income              For       For        Management
3.a   Approve Discharge of Management Board     For       For        Management
3.b   Approve Discharge of Supervisory Board    For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Elect Supervisory Board Members           For       For        Management
6     Ratify Auditors                           For       For        Management
7     Approve Spin-Off Agreement of             For       For        Management
      FINAG-Holding AG
8     Approve EUR 43.9 Million Capitalization   For       For        Management
      of Reserves
9     Approve 4:1 Stock Split                   For       For        Management
10    Approve Creation of EUR 16.7 Million Pool For       For        Management
      of Conditional Capital with Preemptive
      Rights
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital for Trading
      Purposes
12    Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
13    Amend Articles                            For       For        Management


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

EURONEXT

Ticker:                      Security ID:  N3113K108
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAY 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Secretary of Meeting                For       For        Management
3.1   Receive Report of Management Board        None      None       Management
3.2   Approve Financial Statements and          For       For        Management
      Statutory Reports
3.3   Approve Dividend in the Amount of EUR     For       For        Management
      0.50 Per Share; Receive Explanation of
      Reserves and Dividend Policy
3.4   Approve Discharge of Management Board     For       For        Management
3.5   Approve Discharge of Supervisory Board    For       For        Management
4     Discussion about Company's Corporate      None      None       Management
      Governance Report
5     Receive Explanation of Remuneration       None      None       Management
      Policy of Management Board
6.1   Approve Stock Option Plan (Conditional    For       For        Management
      Upon Approval of Items 6.2 and 6.3)
6.2   Approve Grant of 760,000 Stock Options to For       For        Management
      Key Employees and Management Board
      Members (Conditional Upon Approval of
      Items 6.1 and 6.3)
6.3   Approve Performance Criteria of Stock     For       For        Management
      Option Plan (Conditional Upon Approval of
      Items 6.1 and 6.2)
6.4   Approve Grant of Stock Options to         For       For        Management
      Individual Management Board Members
      (Included in the 760,000 Stock Options
      Under Item 6.2)
7.1   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7.2   Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
8     Reelect J. Hessels, D. Hoenn, and J.      For       For        Management
      Peterbroeck to Supervisory Board; Elect
      P. Houel to Supervisory Board
9     Approve Remuneration of Supervisory Board For       For        Management
      Committee Members (EUR 7,500 for Audit
      Committee Members; EUR 5,000 for
      Remuneration/Nomination Committee
      Members; EUR 3,000 for IT Committee
      Members)
10    Ratify Ernst & Young as Auditors          For       For        Management
11    Other Business (Non-Voting)               None      None       Management
12    Close Meeting                             None      None       Management


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

EXEL PLC

Ticker:       NFC            Security ID:  G3242Y100
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 16.8 Pence Per  For       For        Management
      Ordinary Share
4     Elect Dennis Millard as Director          For       For        Management
5     Elect John McDonough as Director          For       For        Management
6     Re-elect John Allan as Director           For       For        Management
7     Re-elect Mick Fountain as Director        For       For        Management
8     Re-elect Ian Smith as Director            For       For        Management
9     Re-appoint Ernst and Young LLP Auditors   For       For        Management
      and Authorise Board to Fix Remuneration
      of Auditors
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 23,831,000
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,141,000
12    Authorise 29,820,000 Ordinary Shares for  For       For        Management
      Market Purchase


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

FAST RETAILING

Ticker:                      Security ID:  J1346E100
Meeting Date: NOV 26, 2003   Meeting Type: Annual
Record Date:  AUG 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 20,
      Final JY 35, Special JY 0
2     Amend Articles to: Increase Number of     For       Against    Management
      Internal Auditors - Reduce Directors'
      Term in Office - Extend Internal
      Auditors' Term in Office - Lower Quorum
      Requirement for Special Business - Allow
      Share Repurchases at Discretion of Board
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


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

FLAMEL TECHNOLOGIES S.A.

Ticker:       FLML           Security ID:  338488109
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAY 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THE SHAREHOLDERS  MEETING, AFTER HAVING   For       For        Management
      TAKEN COGNIZANCE OF THE FINANCIAL
      STATEMENTS FOR THE FINANCIAL YEAR ENDED
      ON 2003
2     THE SHAREHOLDERS MEETING DECIDES TO       For       For        Management
      ALLOCATE THE PROFITS FOR THE FINANCIAL
      YEAR ENDED ON DECEMBER 31, 2003
3     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      GERARD SOULA EXPIRES AT THIS MEETING
4     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      STEVE WILLARD EXPIRES AT THIS MEETING
5     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      RAUL CESAN EXPIRES AT THIS MEETING
6     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      WILLIAM DEARSTYNE EXPIRES AT THIS MEETING
7     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      MICHEL GRECO EXPIRES AT THIS MEETING
8     THE SHAREHOLDERS  MEETING, ACKNOWLEDGING  For       For        Management
      THAT THE TERM OF THE DIRECTOR S OFFICE OF
      JEAN NOEL TREILLES EXPIRES AT THIS
      MEETING
9     IN ACCORDANCE WITH SECTION 223 QUATER OF  For       For        Management
      THE GENERAL TAX CODE WERE INCURRED DURING
      THE FINANCIAL YEAR
10    THE STATUTORY AUDITOR S SPECIAL REPORT    For       For        Management
      REGARDING THE AGREEMENTS REFERRED TO IN
      SECTIONS L. 225-38
11    THE STATUTORY AUDITOR S SPECIAL REPORT    For       For        Management
      REGARDING THE AGREEMENTS REFERRED TO IN
      SECTIONS L. 225-38
12    THE BOARD OF DIRECTORS  REPORT AND OF THE For       For        Management
      STATUTORY AUDITOR S SPECIAL REPORT THE
      GENERAL SHAREHOLDERS  MEETING
13    THE PRECEDING RESOLUTION AND HAVING THE   For       For        Management
      BOARD OF DIRECTORS REPORT AND OF THE
      STATUTORY AUDITOR S SPECIAL REPORT
14    THE ADOPTION OF THE TWO PRECEDING         For       For        Management
      RESOLUTIONS
15    THE SHAREHOLDERS MEETING GRANTS A POWER   For       For        Management
      OF ATTORNEY


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

GERDAU S.A.

Ticker:                      Security ID:  P2867P113
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends
3     Elect Directors and Fix Their             For       For        Management
      Remuneration
4     Elect Supervisory Board Members and       For       For        Management
      Alternates; Fix Their Respective
      Remuneration
5     Ratify Remuneration of Supervisory Board  For       For        Management
      for Fiscal Year Ended in 12-31-03
6     Authorize Capitalization of Investment    For       For        Management
      and Working Capital Reserves of BRL 1.7
      Billion for a Bonus Issue of 51.5 Million
      Ordinary Shares and 96.9 Million
      Preference Shares
7     Amend Article 4 to Reflect Changes in     For       For        Management
      Capital
8     Amend Incentive Stock Option Plan         For       Against    Management
      'Programa de Incentivo de Longo Prazo'
      Approved at 4-30-03 EGM
9     Cancel 42,000 Debentures (4th Series) and For       For        Management
      6,450 Debentures (10th Series) in
      Treasury Approved at 6-10-83 EGM and
      2-27-81 EGM Respectively
10    Approve 3:1 Class A and B Debenture Split For       Against    Management
      for Series 3, 7, 8, 9 and 11
11    Re-ratify Incorporation of Assets of      For       Against    Management
      Meirelles, Carvalho, Bartilotti SA
      Comercio e Industria Approved at 2-26-99
      EGM
12    Re-ratify Incorporation of Assets of      For       Against    Management
      Gerdau Participacoes Ltda and CEA
      Participacoes
13    Codify Amendment to Articles              For       For        Management


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

GERMANOS SA

Ticker:                      Security ID:  X3201S103
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       For        Management
      Statutory Reports
2     Accept Individual and Consolidated        For       For        Management
      Financial Statements
3     Approve Discharge of Board and Auditors   For       For        Management
4     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5     Approve Remuneration of Directors         For       For        Management
      Excluding Salary for 2003 and Pre-approve
      Their Remuneration Excluding Salary for
      2004
6     Elect Directors and Approve Designations  For       For        Management
      of Independence
7     Allow Board Members and Managers of the   For       For        Management
      Company to Participate in the Boards and
      Management of Affiliated Companies; Allow
      Board President and Founder of the
      Company to Form a Company Locally or
      Abroad Jointly with Germanos S.A.
8     Other Business (Non-Voting)               None      None       Management


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

GOLDCREST CO. LTD.

Ticker:                      Security ID:  J17451105
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 40, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor


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

GRUPO FERROVIAL S.A

Ticker:                      Security ID:  E5701R106
Meeting Date: MAR 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Information Re: Board Guidelines          None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.60 Per Share
5     Approve Discharge of Management Board     For       For        Management
6     Amend Articles 11, 14, 15 and 20  Re:     For       For        Management
      General Meeting
7     Approve General Meeting Guidelines        For       For        Management
8     Approve Stock Option Plan                 For       For        Management
9     Authorize Share Repurchase Program        For       For        Management
10    Authorize Issuance of Convertible or      For       For        Management
      Non-Convertible Bonds and/or Warrants
      without Preemptive Rights
11    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

GWR GROUP PLC

Ticker:                      Security ID:  G4209L123
Meeting Date: JUL 31, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 3.5 Pence Per   For       For        Management
      Share
3     Reelect Ralph Bernard as Director         For       For        Management
4     Reelect Steve Orchard as Director         For       For        Management
5     Reelect Roger Lewis as Director           For       For        Management
6     Reelect Peter Williams as Director        For       For        Management
7     Elect Mair Barnes as Director             For       For        Management
8     Approve Deloitte and Touche as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
9     Approve Remuneration Report               For       For        Management
10    Approve GWR Group plc Equity              For       For        Management
      Participation Plan
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,174,376
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 326,281.20
13    Other Business (Non-Voting)               None      None       Management


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

HANJIN HEAVY INDUSTRIES CO LTD

Ticker:                      Security ID:  Y3053D104
Meeting Date: MAR 19, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 300 Per Share
2     Elect Directors                           For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors


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

HANJIN SHIPPING

Ticker:                      Security ID:  Y3053K108
Meeting Date: MAR 19, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 750 Per Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Payment of Quarterly Dividends
3     Elect Directors                           For       For        Management
4     Elect Member of Audit Committee           For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors


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

HARBIN POWER EQUIPMENT CO.

Ticker:                      Security ID:  Y30683109
Meeting Date: JUN 18, 2004   Meeting Type: Annual
Record Date:  MAY 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Report of the Directors            For       For        Management
2     Accept Report of the Supervisory          For       For        Management
      Committee
3     Accept Financial Statements and Auditors' For       For        Management
      Report
4     Reappoint Deloitte Touche Tohmatsu and    For       For        Management
      Deloitte Touche Tohmatsu Certified Public
      Accountants Limited as Auditors and
      Authorize Board to Fix Their Remuneration
5     Approve Final Dividend of RMB0.008 Per    For       For        Management
      Share
6     Authorize Board to Fill Vacancies or      For       For        Management
      Appoint Additional Directors
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights


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

HASEKO CORP.

Ticker:                      Security ID:  J18984104
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss with, No     For       For        Management
      Dividends
2     Amend Articles to: Provide for Sale of    For       For        Management
      Supplemental Shares to Odd-Lot Holders
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management


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

HILTON GROUP PLC (FRM.LADBROKE GROUP PLC)

Ticker:                      Security ID:  G45098103
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 5.52 Pence Per  For       For        Management
      10p Ordinary Share
3.1   Re-elect Sir Ian Robinson as Director     For       For        Management
3.2   Re-elect Patrick Lupo as Director         For       For        Management
3.3   Elect Ian Livingston as Director          For       For        Management
3.4   Elect Christopher Rodrigues as Director   For       For        Management
4     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
5.1   Approve Remuneration Report               For       For        Management
5.2   Approve Donations by the Company to EU    For       For        Management
      political Orgs. up to GBP 15,000 and to
      Incur EU Political Exp. up to GBP 15,000;
      and Approve Ladbrokes Ltd. to Make
      Donations to EU Political Orgs. up to GBP
      35,000 and Incur EU Political Exp. up to
      GBP 35,000
5.3   Approve Increase in Authorised Capital    For       For        Management
      from GBP 216,000,000 to GBP 226,000,000
      by the Creation of 100,000,000 Additional
      Ordinary Shares of 10 Pence Each
5.4   Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 52,700,000
5.5   Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to an Aggregate
      Nominal Amount of GBP 7,911,979 and up to
      Aggregate Nominal Amount of GBP
      52,700,000 in Connection with a Rights
      Issue
5.6   Authorise 158,239,580 Ordinary Shares for For       For        Management
      Market Purchase


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

HYSAN DEVELOPMENT CO. LTD.

Ticker:                      Security ID:  Y38203124
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:

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


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

IBERIA LINEAS AEREAS DE ESPANA

Ticker:                      Security ID:  E6167M102
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income, and Discharge Directors
2     Reelect Deloitte & Touche Espana S.L. as  For       For        Management
      Auditors
3     Amend Articles 27, 28, 36, 37, 38, 40,    For       For        Management
      and 41 Re: General Meeting, Attendance,
      Representation at the Meetings, Approval
      of Resolutions, Access to Information
4     Approve General Meeting Guidelines        For       For        Management
5     Approve Stock Option Plan for Chairman of For       For        Management
      Board
6     Approve Remuneration of Directors         For       For        Management
7     Authorize Repurchase of Shares            For       For        Management
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

IBERIA LINEAS AEREAS DE ESPANA

Ticker:                      Security ID:  E6167M102
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements, Allocation of
      Income, and Discharge Directors
2     Reelect Deloitte & Touche Espana S.L. as  For       For        Management
      Auditors
3     Amend Articles 27, 28, 36, 37, 38, 40,    For       For        Management
      and 41 Re: General Meeting, Attendance,
      Representation at the Meetings, Approval
      of Resolutions, Access to Information
4     Approve General Meeting Guidelines        For       For        Management
5     Approve Stock Option Plan for Chairman of For       For        Management
      Board
6     Approve Remuneration of Directors         For       For        Management
7     Authorize Repurchase of Shares            For       For        Management
8     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

ICAP PLC  (FORMERLY GARBAN-INTERCAPITAL PLC )

Ticker:                      Security ID:  G46981109
Meeting Date: FEB 4, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sub-Division of Each Issued and   For       For        Management
      Unissued Ordinary Share of 50 Pence Each
      into Five Ordinary Shares of Ten Pence
      Each


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

ICAP PLC  (FORMERLY GARBAN-INTERCAPITAL PLC )

Ticker:                      Security ID:  G46981109
Meeting Date: JUL 16, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 23 Pence Per    For       For        Management
      Ordinary Share
3     Reelect David Gelber as Director          For       For        Management
4     Reelect Michael Spencer as Director       For       For        Management
5     Approve PricewaterhouseCoopers LLP as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Remuneration Report               For       For        Management
7     Approve Each Redeemable Preference Share  For       For        Management
      of One Pound Each Be Subdivided Into Two
      Redeemable Preference Shares of 50 Pence
      Each; Each Redeemable Preference Shares
      So Created Be Redesignated as an Ordinary
      Share of 50 Pence; Amend Articles of
      Association
8     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 19,156,073
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 2,573,051
10    Authorize 11,493,644 Ordinary Shares for  For       For        Management
      Share Repurchase Program
11    Authorize the Company to Make EU          For       For        Management
      Political Donations up to GBP 100,000
12    Authorize Garban-Intercapital Management  For       For        Management
      Services Limited to Make EU Political
      Donations up to GBP 100,000
13    Approve Increase in Remuneration of       For       For        Management
      Non-executive Directors to GBP 600,000
14    Approve 2003 Bonus Share Matching Plan    For       For        Management


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

INCEPTA GROUP

Ticker:                      Security ID:  G6177Q109
Meeting Date: JUL 4, 2003    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Reelect Richard Nichols as Director       For       For        Management
2     Reelect Mike Butterworth as Director      For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Remuneration Report               For       For        Management
5     Approve KPMG Audit Plc as Auditors and    For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Final Dividend of 0.2 Pence Per   For       For        Management
      Ordinary Share
7     Authorize EU Political Donations up to    For       For        Management
      GBP 50,000
8     Approve US Sharesave Scheme               For       For        Management
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 3,239,820
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 293,008
11    Authorize 87,896,829 Ordinary Shares for  For       For        Management
      Share Repurchase Program


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

INDUSTRIAL & COMMERCIAL BANK OF CHINA (UNION BANK HK)

Ticker:                      Security ID:  Y3991T104
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3     Elect Directors                           For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
7     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares
9     Approve Increase in Authorized Capital    For       For        Management
      From HK$3.2 Billion to HK$5.2 Billion by
      the Creation of One Billion Additional
      Ordinary Shares of HK$2.0 Each
1     Amend Memorandum of Association Re:       For       For        Management
      Authorized Share Capital
2     Amend Articles Re: Authorized Share       For       For        Management
      Capital, Voting at General Meetings,
      Material Interest of Directors in
      Contracts Entered into by the Company


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

JAPAN AIRLINES SYSTEM CORP.

Ticker:                      Security ID:  J26006106
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, with No     For       For        Management
      Dividends
2     Amend Articles to: Change Company Name to For       Against    Management
      Japan Airlines Corp. - Create Position of
      Group CEO - Authorize Share Repurchases
      at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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

JCDECAUX SA

Ticker:                      Security ID:  F5333N100
Meeting Date: MAY 12, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
4     Approve Allocation of Income and Omission For       For        Management
      of Dividends
5     Approve Non-Tax Deductible Expenses       For       For        Management
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Authorize Issuance of Bonds/Debentures    For       For        Management
8     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 2.35 Million
9     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 2.35 Million
10    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 2.35 Million for Bonus Issue or
      Increase in Par Value
11    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
12    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
13    Amend Articles of Association to Reflect  For       Against    Management
      2003 Legal Changes to French Commercial
      Code Re: Related-Party Transactions,
      Shareholding Disclosure Requirement,
      Powers of Management Board, Term of
      Supervisory Board Members, and Changes to
      Capital
14    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

JOHNSON MATTHEY PLC

Ticker:                      Security ID:  G51604109
Meeting Date: JUL 16, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 17.7 Pence Per  For       For        Management
      Share
4     Elect A Thomson as Director               For       For        Management
5     Elect R Walvis as Director                For       For        Management
6     Reelect H Miles as Director               For       For        Management
7     Reelect N Carson as Director              For       For        Management
8     Reelect D Morgan as Director              For       For        Management
9     Approve KPMG Audit Plc as Auditors and    For       For        Management
      Authorize Board to Fix Their Remuneration
10    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 72,508,907
11    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 10,974,555
12    Authorize 21,949,109 Shares for Share     For       For        Management
      Repurchase Program
13    Adopt New Articles of Association         For       For        Management


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

JOINT CORPORATION

Ticker:                      Security ID:  J28384105
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion -
      Abolish Retirement Bonus System
3     Approve Executive Stock Option Plan       For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Continuing
      Directors and Statutory Auditors in
      Connection with Abolition of Retirement
      Bonus System


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

JOYO BANK LTD.

Ticker:                      Security ID:  J28541100
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2.5,
      Final JY 2.5, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
3.3   Appoint Internal Statutory Auditor        For       For        Management
3.4   Appoint Internal Statutory Auditor        For       For        Management
3.5   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Statutory  For       Against    Management
      Auditors


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

LG CHEM LTD.

Ticker:                      Security ID:  Y52758102
Meeting Date: MAR 17, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1750 Per Ordinary Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Separation of Posts of Representative
      Director and Chairman of the Board
3     Elect Directors                           For       For        Management
4     Elect Members of Audit Committee          For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors


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

LI & FUNG

Ticker:                      Security ID:  G5485F144
Meeting Date: SEP 22, 2003   Meeting Type: Special
Record Date:

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


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

LONZA GROUP LTD.

Ticker:                      Security ID:  H50524133
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:

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


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

LOTTOMATICA SPA

Ticker:                      Security ID:  T64383101
Meeting Date: JUN 24, 2004   Meeting Type: Special
Record Date:  JUN 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors on the Board;     For       For        Management
      Elect Directors
1     Amend Articles Partially To Reflect New   For       Against    Management
      Italian Company Law Regulations


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

LUPIN LTD. ( FRMRLY. LUPIN LABORATORIES)

Ticker:                      Security ID:  Y5360Z140
Meeting Date: DEC 5, 2003    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appointment and Remuneration of   For       For        Management
      K.K. Sharma, Managing Director
2     Approve Remuneration of D.B Gupta,        For       For        Management
      Executive Director
3     Amend Articles of Association Re:         For       For        Management
      Definition and Clarification of Terms
      Used in Articles of Association


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

MAGNA INTERNATIONAL INC.

Ticker:       MG.A           Security ID:  559222401
Meeting Date: AUG 19, 2003   Meeting Type: Special
Record Date:  JUL 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Spin-Off Agreement                For       For        Management
1     Approve Spin-Off Agreement                For       For        Management


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

MATRIX LABORATORIES(FRMLY HERREN DRUGS & PHARMACEUTICALS LTD)

Ticker:                      Security ID:  Y31803110
Meeting Date: JAN 16, 2004   Meeting Type: Special
Record Date:

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


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

MATRIX LABORATORIES(FRMLY HERREN DRUGS & PHARMACEUTICALS LTD)

Ticker:                      Security ID:  Y31803110
Meeting Date: JAN 28, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Limit on Foreign      For       For        Management
      Shareholding
2     Approve Issuance of 2.25 Million Shares   For       For        Management
      to Newbridge Capital and Temasek Holdings
      (Private) Ltd. for Private Placement


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

MATRIX LABORATORIES(FRMLY HERREN DRUGS & PHARMACEUTICALS LTD)

Ticker:                      Security ID:  Y31803110
Meeting Date: MAR 26, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of 2.25 Million Shares   For       For        Management
      to Newbridge Capital and Temasek Holdings
      (Private) Ltd. for Private Placement


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

MATRIX LABORATORIES(FRMLY HERREN DRUGS & PHARMACEUTICALS LTD)

Ticker:                      Security ID:  Y31803110
Meeting Date: MAY 15, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of 2.25 Million Shares   For       For        Management
      to Newbridge Capital and Temasek Holdings
      (Private) Ltd. for Private Placement
2     Amend Articles of Association Re:         For       For        Management
      Definitions of Technical Terms
3     Amend Articles of Association Re:         For       For        Management
      Promoter Directors' Share Ownership
4     Amend Articles of Association Re: Casting For       For        Management
      Vote of Chairman in the Event of Deadlock
5     Amend Articles of Association Re: Removal For       For        Management
      of Article 33, sub-clauses (a) and (c)
6     Amend Articles of Association Re: Editing For       For        Management
      Change in Article 33
7     Amend Articles of Association Re:         For       For        Management
      Shareholder Representation on the Board
8     Amend Articles of Association Re:         For       For        Management
      Appointment of Alternate Directors
9     Amend Articles of Association Re: Board   For       For        Management
      Meetings and Board Committees
10    Amend Articles of Association Re: Power   For       For        Management
      of Board of Directors
11    Amend Articles of Association Re:         For       For        Management
      Director Confidentiality Agreements


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

MAXIS COMMUNICATIONS BHD

Ticker:                      Security ID:  Y5903J108
Meeting Date: JUN 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Final Gross Dividend of MYR0.14   For       For        Management
      Per Share Less Malaysian Tax at 28
      Percent for the Financial Year Ended Dec.
      31, 2003
2     Elect Tan Poh Ching as Director           For       For        Management
3     Elect Megat Zaharuddin bin Megat Mohd Nor For       For        Management
      as Director
4     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital
6     Amend Article 170 of the Articles of      For       For        Management
      Association Re: Payment of Dividends or
      Any Other Sum Payable by the Company in
      Respect of Shares by Bank or Other Funds
      Transfer Systems or Other Means to or
      Through Such Person as the Shareholder
      May Direct


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

MAXIS COMMUNICATIONS BHD

Ticker:                      Security ID:  Y5903J108
Meeting Date: JUN 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Implementation of Shareholders'   For       Against    Management
      Mandate for Recurrent Related Party
      Transactions with MEASAT Broadcast
      Network Systems Sdn Bhd and Multimedia
      Interactive Technologies Sdn Bhd '
2     Approve Implementation of Shareholders'   For       Against    Management
      Mandate for Recurrent Related Party
      Transactions with SRG Asia Pacific Sdn
      Bhd and UT Projects Sdn Bhd
3     Approve Implementation of Shareholders'   For       Against    Management
      Mandate for Recurrent Related Party
      Transactions with Binariang Satellite
      Systems Sdn Bhd
4     Approve Implementation of Shareholders'   For       Against    Management
      Mandate for Recurrent Related Party
      Transactions with Tanjong Golden Village
      Sdn Bhd and Tanjong City Centre Property
      Management Sdn Bhd
5     Approve Implementation of Shareholders'   For       Against    Management
      Mandate for Recurrent Related Party
      Transactions with Arena Johnson Sdn Bhd
      and Asas Klasik Sdn Bhd
6     Approve Implementation of Shareholders'   For       Against    Management
      Mandate for Recurrent Related Party
      Transactions with Companies Specified in
      Sections 2.4 (I) and 2.4 (II) of Part A
      of the Company's Circular to Shareholders
      Dated  May 21, 2004
7     Approve Implementation of Shareholders'   For       Against    Management
      Mandate for Recurrent Related Party
      Transactions with HeiTech Padu Bhd
8     Amend Existing Bye-Laws Governing the     For       Against    Management
      Employee Share Option Scheme
9     Approve Grant of Options to Jamaludin Bin For       Against    Management
      Ibrahim, Chief Executive Officer and an
      Executive Director of Maxis
      Communications Bhd Pursuant to the
      Employee Share Option Scheme and Contract
      of Service


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

MERLONI ELETTRODOMESTICI

Ticker:                      Security ID:  T67078104
Meeting Date: JUL 21, 2003   Meeting Type: Special
Record Date:  JUL 16, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Merger by Absorption of Two   For       For        Management
      Companies Into the Merloni
      Elettrodomestici Fold


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

METSO CORPORATION (FORMERLYVALMET-RAUMA CORPORATION)

Ticker:       MX             Security ID:  X53579102
Meeting Date: APR 6, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

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


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

MICRONAS SEMICONDUCTOR

Ticker:                      Security ID:  H5439Q120
Meeting Date: MAR 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Allocation of Income and Omission For       For        Management
      of Dividends
3     Approve Discharge of the Board and Senior For       For        Management
      Management
4     Ratify Ernst und Young AG as Auditors     For       For        Management


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

MOBISTAR SA

Ticker:                      Security ID:  B60667100
Meeting Date: DEC 17, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Brigitte Bourgoin as Director;      For       For        Management
      Confirm Resignation of Former Directors;
      Elect S. Ahuja, T. Lowry, R. Brennan, L.
      Tordeurs, and A. Neyts as Directors;
      Reelect A. Brabers and Sparaxis SA as
      Directors
2     Other Business                            For       For        Management


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

NEOPOST

Ticker:                      Security ID:  F65196119
Meeting Date: JUN 30, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.875 per Share
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of EUR 250,000
6     Reelect Jean-Paul Villot as Director      For       For        Management
7     Reelect Michel Guillet as Director        For       For        Management
8     Reelect Jacques Clay as Director          For       For        Management
9     Ratify Peronnet & Associes SA as Auditors For       For        Management
10    Ratify Cabinet Duvernois & Associes as    For       For        Management
      Alternate Auditor
11    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 7.5 Million
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 7.5 Million
14    Authorize Capital Increase of Up to EUR   For       For        Management
      7.5 Million for Future Exchange Offers
15    Set Global Limit for Capital Increase to  For       For        Management
      Result from Issuance Requests in Items
      12-14 at EUR 7.5 Million
16    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 30 Million for Bonus Issue or
      Increase in Par Value
17    Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
18    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
19    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

NEW WORLD DEVELOPMENT CO. LTD.

Ticker:                      Security ID:  Y63084126
Meeting Date: MAR 22, 2004   Meeting Type: Special
Record Date:

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


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

NH HOTELS SA (FRM.CORPORACION FINANCIERA REUNIDA)

Ticker:                      Security ID:  E7650R103
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       For        Management
      of Income and Distribution of Dividend of
      EUR 0.25 Per Share, and Discharge
      Directors
2     Elect Members to Management Board         For       For        Management
3     Authorize Repurchase of Shares            For       For        Management
4     Approve Auditors                          For       For        Management
5     Approve General Meeting Guidelines;       For       For        Management
      Accept Report Re: Board of Directors'
      Guidelines
6     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

NICHOLAS PIRAMAL INDIA LTD

Ticker:                      Security ID:  Y6348Y122
Meeting Date: MAR 9, 2004    Meeting Type: Court
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement with Canere      For       Did Not    Management
      Actives & Fine Chemicals Private Ltd.               Vote


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

NICHOLAS PIRAMAL INDIA LTD

Ticker:                      Security ID:  Y6348Y122
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends of INR 15 Per Share     For       For        Management
3     Reappoint N. Vaghul as Director           For       For        Management
4     Approve Retirement of S. Venkitaramanan   For       For        Management
      as Director
5     Approve Retirement of C.M. Hattangdi as   For       For        Management
      Director
6     Approve Retirement of W. Jenkins as       For       For        Management
      Director
7     Approve P.N. Ghatalia as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
8     Approve Reappointment and Remuneration of For       For        Management
      V. Shah, Executive Director
9     Approve Stock Option Plan Grants to       For       For        Management
      Employees of the Company's Subsidiaries


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

NICHOLAS PIRAMAL INDIA LTD

Ticker:                      Security ID:  Y6348Y122
Meeting Date: MAR 8, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Authorized Capital    For       For        Management
2     Approve Issuance of Preference Shares for For       For        Management
      a Private Placement
3     Approve Reduction of Share Premium        For       For        Management
      Account in Connection with Scheme of
      Amalgamation of Canere Actives and Fine
      Chemicals Private Ltd.


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

NII HOLDINGS, INC.

Ticker:       NIHD           Security ID:  62913F201
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven P. Dussek          For       For        Management
1.2   Elect  Director Steven M. Shindler        For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Adjourn Meeting                           For       For        Management


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

NIPPON ELECTRIC GLASS CO. LTD.

Ticker:                      Security ID:  J53247110
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

NIPPON THOMPSON CO. LTD.

Ticker:                      Security ID:  J56257116
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4.5,
      Final JY 4.5, Special JY 0
2     Amend Articles to: Authorize Share        For       For        Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditor


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

NISSAN SHATAI CO. LTD.

Ticker:                      Security ID:  J57289100
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 3, Special JY 0
2     Amend Articles to: Amend Business Lines - For       Against    Management
      Reduce Board Size - Authorize Share
      Repurchases at Board's Discretion -
      Clarify Director Authorities in
      Connection with Introduction of Executive
      Officer System
3     Approve Executive Stock Option Plan       For       For        Management
4     Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       Against    Management
5.3   Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditor


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

NITORI CO.

Ticker:                      Security ID:  J58214107
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7,
      Final JY 8, Special JY 0
2     Amend Articles to: Extend Internal        For       For        Management
      Auditors' Term in Office
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
4.4   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditors and Approve
      Special Payments to Directors and
      Statutory Auditor in Connection with the
      Abolition of Retirement Bonus System


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

NITTO DENKO CORP.

Ticker:                      Security ID:  J58472119
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

NOK CORP.

Ticker:                      Security ID:  J54967104
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 8, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
3.3   Appoint Internal Statutory Auditor        For       For        Management
3.4   Appoint Internal Statutory Auditor        For       Against    Management
3.5   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditors


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

OIL SEARCH LTD.

Ticker:                      Security ID:  Y64695110
Meeting Date: MAY 28, 2004   Meeting Type: Annual
Record Date:  MAY 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.1   Elect Clive Hildebrand as Director        For       For        Management
2.2   Elect Martin Kriewaldt as Director        For       For        Management
2.3   Elect John Stitt as Director              For       For        Management
3     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
1     Approve Performance Rights Plan           For       For        Management
2     Approve Employee Share Option Plan        For       For        Management
3     Approve Issue of a Maximum of 550,000     For       For        Management
      Performance Rights to Peter Botten,
      Managing Director Pursuant to the
      Performance Rights Plan
4     Approve Remuneration of Directors in the  For       For        Management
      Amount of US$800,000


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

ORIX CORP.

Ticker:                      Security ID:  J61933123
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Expand Business Lines  For       For        Management
      - Authorize Share Repurchases at Board's
      Discretion - Limit Legal Liability of
      Directors and Executive Officers
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
2.12  Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management


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

PACIFIC METALS CO. LTD.

Ticker:                      Security ID:  J63481105
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss, with No     For       For        Management
      Dividends
2     Approve Capital Reduction                 For       For        Management
3     Amend Articles to: Expand Business Lines  For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


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

PHOENIXTEC POWER

Ticker:                      Security ID:  Y6973W102
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2003
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Status of the       None      None       Management
      Indirect Investment of the Company
1.4   Receive Report on Endorsments and         None      None       Management
      Guarantees
1.5   Receive Report on the Amendment of        None      None       Management
      Employee Stock Option Plan
1.6   Receive Report on the Execution of        None      None       Management
      Treasury Shares
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
2.3   Amend Articles of Association             For       For        Management
4     Elect Directors and Supervisors           For       For        Management
5     Approve Release of Restrictions of        For       For        Management
      Competitive Activities  of  Directors
6     Other Business                            None      None       Management


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

PORTS DESIGN LTD

Ticker:                      Security ID:  G71848108
Meeting Date: MAY 31, 2004   Meeting Type: Annual
Record Date:  MAY 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of RMB0.23 Per     For       For        Management
      Share
3     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
4     Reelect Directors and Authorize Board to  For       For        Management
      Fix Their Remuneration
5a    Elect Additional Independent              For       For        Management
      Non-Executive Director
5b    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5d    Authorize Reissuance of Repurchased       For       For        Management
      Shares
5e    Amend Bylaws Re: Voting at General        For       For        Management
      Meetings, Material Interest of Directors
      in Contracts Entered into by the Company


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

POWERCHIP SEMICOND

Ticker:                      Security ID:  Y70810109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2003
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Unsecured Corporate Debt of Year 2003
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
3.1   Amend Procedures Governing the            For       For        Management
      Acquisition or Disposal of Assets
3.2   Amend Bylaws Re: Registered Capital       For       For        Management
3.3   Amend Bylaws Re: Registered Capital       For       For        Management
3.4   Amend Bylaws Re: Registered Capital       For       For        Management
3.5   Approve Increase of Registered Capital    For       For        Management
      and Issuance of Ordinary Shares to
      Participate the Issuance of Global
      Depository Receipt or Domestic Right
      Issue
3.6   Amend Bylaws Re: Registered Capital       For       For        Management
4     Other Business                            None      None       Management


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

PROSAFE ASA

Ticker:                      Security ID:  R74327108
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       For        Management
2     Approve Notice of Meeting and Agenda      For       For        Management
3     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
4     Approve Financial Statements, Allocation  For       For        Management
      of Income and Dividends of NOK 4 Per
      Share
5     Approve Remuneration of Directors in the  For       For        Management
      Amount of NOK 350,000 for Chairman, NOK
      250,000 for Vice Chairman, and NOK
      200,000 for Other Board Members
6     Approve Remuneration of Auditors          For       For        Management
7     Reelect Christian Brinch, Ronny           For       For        Management
      Langeland, and Brit Rugland as Directors;
      Elect Anne Grethe Dalane and One More
      Person (Name Has Not Been Disclosed Yet)
      as New Directors
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


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

PT MULTIMEDIA SERVICOS DE TELECOMUNICACOES E MULTIMEDIA SGPS

Ticker:                      Security ID:  X70127109
Meeting Date: MAR 26, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Allocation of Income              For       For        Management
4     Approve Discharge of Management and       For       For        Management
      Supervisory Boards
5     Ratify Appointment of Directors to        For       For        Management
      Management Board
6     Elect Board Committee Members             For       For        Management
7     Authorize Repurchase of Shares            For       For        Management


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

PT TELEKOMUNIKASI INDONESIA

Ticker:       TLK            Security ID:  Y71474129
Meeting Date: MAR 10, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Replacement of Annual Report and  For       Against    Management
      Consolidated Financial Statements for FY
      2002
2     Approve Annual Report 2002 and            For       Against    Management
      Ratification of Consolidated Financial
      Statement 2002
3     Ratify Restated Consolidated Financial    For       Against    Management
      Statement for FY 2000 and FY 2001
4     Approve Restatement of Net Income         For       Against    Management
      Allocation for FY 2000, FY 2001 and FY
      2002
5     Elect Directors and Commissioners         For       For        Management


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

PUBLIC POWER CORP OF GREECE

Ticker:                      Security ID:  X7023M103
Meeting Date: DEC 22, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect 2 Directors to Represent Minority   For       For        Management
      Shareholders


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

PUBLIC POWER CORP OF GREECE

Ticker:                      Security ID:  X7023M103
Meeting Date: DEC 10, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect 2 Directors to Represent Minority   For       For        Management
      Shareholders


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

PUBLIGROUPE S.A. (FORMERLY PUBLICITAS HOLDING AG)

Ticker:                      Security ID:  H64716147
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Discharge of Board and Senior     For       For        Management
      Management
3     Approve Allocation of Income and          For       For        Management
      Dividends of CHF 8 per Share
4.1   Reelect Fritz Schuhmacher as Director     For       For        Management
4.2   Elect Eliane Borter and Michaela Stoeckli For       For        Management
      as Directors
5     Ratify Ernst and Young as Auditors        For       For        Management


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

PUNJAB NATIONAL BANK

Ticker:                      Security ID:  Y7162Z104
Meeting Date: AUG 4, 2003    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Reduction in Share Capital        For       For        Management


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

QUANTA COMPUTER INC.

Ticker:                      Security ID:  Y7174J106
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operating None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of Global  None      None       Management
      Depository Receipts (GDR)
1.4   Receive Report on Overseas Convetible     None      None       Management
      Bonds
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and          For       For        Management
      Dividends
3.1   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
3.2   Amend Articles of Association             For       For        Management
3.3   Elect Directors and Supervisors           For       For        Management
3.4   Approve Release of Restrictions of        For       For        Management
      Competitive Activities  of  Directors
4     Other Business                            None      None       Management


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

RANDSTAD HOLDING NV

Ticker:                      Security ID:  N7291Y137
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3.1   Approve Financial Statements and          For       For        Management
      Statutory Reports
3.2   Approve Allocation of Income              For       For        Management
4.1   Approve Discharge of Management Board     For       For        Management
4.2   Approve Discharge of Supervisory Board    For       For        Management
5     Elect J. van den Broek to Management      For       For        Management
      Board
6.1   Reelect K. Vuursteen as Member of         For       For        Management
      Supervisory Board
6.2   Reelect R. Zwartendijk as Member of       For       For        Management
      Supervisory Board
7     Reelect A. Anbeek van der Meijden as      For       For        Management
      Director A of Administratiekantoor
      Preferente Aandelen Randstad Holding
8     Discussion about Company's Corporate      None      None       Management
      Governance Report
9     Ratify Auditors                           For       For        Management
10    Other Business                            None      None       Management


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

SAIPEM

Ticker:                      Security ID:  T82000117
Meeting Date: APR 29, 2004   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements,             For       For        Management
      Consolidated Accounts, Statutory Reports,
      and Allocation of Income
2     Authorize Board to Repurchase Up To 2.46  For       For        Management
      Million Shares
3     Authorize Board to Reissue Repurchased    For       For        Management
      Shares in Connection with Stock Grants
      and Stock Options Plans to Employees
4     Elect External Auditors for the           For       For        Management
      Three-Year Term 2004-2006 and Fix
      Remuneration of Auditors
5     Amend Rules Governing General Meetings    For       For        Management
1     Amend Articles of Association, In Part To For       Against    Management
      Reflect New Italian Company Law
      Regulations


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

SAIPEM

Ticker:                      Security ID:  T82000117
Meeting Date: APR 28, 2004   Meeting Type: Annual/Special
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements,             For       For        Management
      Consolidated Accounts, Statutory Reports,
      and Allocation of Income
2     Authorize Board to Repurchase Up To 2.46  For       For        Management
      Million Shares
3     Authorize Board to Reissue Repurchased    For       For        Management
      Shares in Connection with Stock Grants
      and Stock Options Plans to Employees
4     Elect External Auditors for the           For       For        Management
      Three-Year Term 2004-2006 and Fix
      Remuneration of Auditors
5     Amend Rules Governing General Meetings    For       For        Management
1     Amend Articles of Association, In Part To For       Against    Management
      Reflect New Italian Company Law
      Regulations


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

SAURER AG ARBON

Ticker:                      Security ID:  H71945119
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Receive Auditors Report                   None      None       Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Discharge of Board and Senior     For       For        Management
      Management
5     Approve Allocation of Income and Omission For       For        Management
      of Dividends
6     Authorize Share Repurchase Program and    For       For        Management
      Cancellation of Repurchased Shares
7     Extend Terms of Conditional Pool          For       For        Management
      Authorization
8     Reelect Giorgio Behr, Ulrich Schmidt,     For       For        Management
      Heinrich Fischer, Heinz Bachmann, Alexis
      Fries, Hans-George Haerter, and Guenter
      Schuh as Directors
9     Reelect PricewaterhouseCoopers AG as      For       For        Management
      Auditors
10    Transact Other Business (Non-Voting)      None      None       Management


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

SCANIA AB

Ticker:       SCVAY          Security ID:  W76082119
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting                 For       For        Management
3     Prepare and Approve List of Shareholders  For       For        Management
4     Approve Agenda of Meeting                 For       For        Management
5     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
6     Acknowledge Proper Convening of Meeting   For       For        Management
7     Receive Financial Statements and          None      None       Management
      Statutory Reports
8     Receive Board and Committee Reports       None      None       Management
9     Receive President's Report                None      None       Management
10    Accept Financial Statements and Statutory For       For        Management
      Reports
11    Approve Allocation of Income and          For       For        Management
      Dividends of SEK 6 Per Share
12    Approve Discharge of Board and President  For       For        Management
13    Determine Number of Members (9) and       For       For        Management
      Deputy Members (0) of Board
14    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 3.5 Million;
      Approve Remuneration of SEK 300,000 for
      Committee Work
15    Approve Remuneration of Auditors          For       For        Management
16    Reelect Peggy Bruzelius, Andreas          For       For        Management
      Deumeland, Bernd Pischetsrieder, Lothar
      Sander, Rolf Stomberg, Marcus Wallenberg,
      and Leif Oestling as Directors; Elect
      Vito Baumgartner and Sune Carlsson as New
      Directors
17    Receive Information about Auditors        None      None       Management
18.1  Shareholder Proposal: Authorize General   Against   For        Shareholder
      Meeting to Elect Members of Nominating
      Committee
18.2  Authorize Chairman of Board to Appoint    For       Against    Management
      Four Representatives of Company's Largest
      Shareholders to Serve on Nominating
      Committee


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

SEB SA

Ticker:                      Security ID:  F82059100
Meeting Date: MAY 6, 2004    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 3.405 per Share
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
4     Approve Special Auditors' Report          For       For        Management
      Regarding Related-Party Transactions
5     Reelect Actiref as Director               For       For        Management
6     Reelect Thierry De La Tour D'Artaise as   For       For        Management
      Director
7     Reelect Philippe Lenain as Director       For       For        Management
8     Elect Jerome Wittlin as Director          For       For        Management
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Repurchased Shares
11    Approve Stock Option Plan Grants          For       For        Management
12    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      EUR 10 Million
13    Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 10 Million
14    Authorize Capitalization of Reserves of   For       For        Management
      Up to EUR 4.7 Million for Bonus Issue or
      Increase in Par Value
15    Set Global Limit for Capital Increase to  For       For        Management
      Result from All Issuance Requests at EUR
      10 Million
16    Amend Articles 27 and 28 of Bylaws Re:    For       For        Management
      Related-Party Transactions and Auditors
17    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

SGS SOCIETE GENERALE DE SURVEILLANCE HOLDING SA

Ticker:                      Security ID:  H7484G106
Meeting Date: DEC 9, 2003    Meeting Type: Special
Record Date:

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


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

SGS SOCIETE GENERALE DE SURVEILLANCE HOLDING SA

Ticker:                      Security ID:  H7484G106
Meeting Date: MAR 23, 2004   Meeting Type: Annual
Record Date:

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


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

SHINKO ELECTRIC INDUSTRIES CO. LTD.

Ticker:                      Security ID:  J73197105
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12,
      Final JY 12, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonus for Director     For       For        Management


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

SHINSEGAE CO. (FORMERLY SHINSEGAE DEPARTMENT STORE)

Ticker:                      Security ID:  Y77538109
Meeting Date: MAR 5, 2004    Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1000 Per Share
2     Elect Director                            For       For        Management
3     Elect Member of Audit Committee           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors


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

SMEDVIG AS

Ticker:       SMV.A          Security ID:  R80454102
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
2     Approve Notice of Meeting and Agenda      For       For        Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports; Approve Allocation of Income and
      Dividends of NOK 1.25 Per Share
4     Approve Remuneration of Directors         For       For        Management
5     Approve Remuneration of Auditors          For       For        Management
6     Reelect Raymond De Smedt, Larry Nichols,  For       For        Management
      and Andrew Salvesen as Directors
7     Approve Stock Option Plan for Key         For       For        Management
      Employees; Approve Creation of NOK 10
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Approve NOK 7 Million Reduction in Share  For       For        Management
      Capital via Share Cancellation of Class A
      Shares


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

SUMITOMO HEAVY INDUSTRY LTD.

Ticker:                      Security ID:  J77497113
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss, with No     For       For        Management
      Dividends
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management


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

SUMITOMO METAL MINING CO. LTD.

Ticker:                      Security ID:  J77712123
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

SUZUKI MOTOR CORP.

Ticker:                      Security ID:  J78529138
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4,
      Final JY 5, Special JY 0
2     Amend Articles to: Allow Appointment of   For       Against    Management
      Alternate Statutory Auditors - Authorize
      Share Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
3.27  Elect Director                            For       For        Management
3.28  Elect Director                            For       For        Management
3.29  Elect Director                            For       For        Management
3.30  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
4.4   Appoint Internal Statutory Auditor        For       For        Management
4.5   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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

TAISHIN FINANCIAL HOLDINGS CO LTD

Ticker:                      Security ID:  Y84086100
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on the Issuance of         None      None       Management
      Corporate Debt
2.1   Approve Change of Usage of Proceeds from  For       For        Management
      Domestic and Overseas Convertible Bond
      Issuance
2.2   Accept Financial Statements and Statutory For       For        Management
      Reports
2.3   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 1.20 per Share and Stock
      Dividend of 60 Shares per 1000 Shares
3.1   Approve Capitalization of 2003 Dividends  For       For        Management
      and Employee  Profit  Sharing
3.2   Amend Procedures Governing the            For       For        Management
      Acquisition or Disposal of Assets
3.3   Amend Articles of Association             For       For        Management
4     Other Business                            None      None       Management


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

TAIWAN STYRENE MONOMER

Ticker:                      Security ID:  Y84630105
Meeting Date: JUN 18, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2003 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Report on Endorsement and         None      Did Not    Management
      Guarantees                                          Vote
2.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2.2   Approve Allocation of Income and Cash     For       Did Not    Management
      Dividend of NTD 0.65 per Share                      Vote
3     Elect Directors and Supervisors           For       Did Not    Management
                                                          Vote
4     Other Business                            None      Did Not    Management
                                                          Vote


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

TATA MOTORS LTD.

Ticker:                      Security ID:  Y85740143
Meeting Date: APR 8, 2004    Meeting Type: Extraordinary Shareholders
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights and Authorize Board to
      Pledge Assets to Secure Issuance of
      Securities


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

TATA MOTORS LTD.

Ticker:                      Security ID:  Y85740143
Meeting Date: JAN 19, 2004   Meeting Type: Special
Record Date:

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


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

TAYLOR NELSON SOFRES PLC

Ticker:                      Security ID:  G8693M109
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 2.05 Pence Per  For       For        Management
      Ordinary Share
3     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
4     Elect Andy Boland as Director             For       For        Management
5     Re-elect Tony Cowling as Director         For       For        Management
6     Elect Sharon Studer as Director           For       For        Management
7     Approve Remuneration Report               For       For        Management
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,597,551
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,111,150
10    Authorise 22,223,000 Ordinary Shares for  For       For        Management
      Market Purchase
11    Approve the The Taylor Nelson Sofres plc  For       For        Management
      Employee Stock Purchase Plan
12    Approve the Use of Treasury Shares for    For       For        Management
      the Exercise of Options or the Vesting of
      Other Share Awards Under the Company's
      Share Schemes


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

TAYLOR NELSON SOFRES PLC

Ticker:                      Security ID:  G8693M109
Meeting Date: JUL 4, 2003    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of NFO WorldGroup,    For       For        Management
      Inc.; and Approve Increase in Borrowing
      Powers to 2.25 Times Adjusted Capital and
      Reserves


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

TECHNIP (FORMERLY TECHNIP-COFLEXIP)

Ticker:       TNHPY          Security ID:  F90676101
Meeting Date: JUL 3, 2003    Meeting Type: Special
Record Date:  JUN 26, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Coflexip  For       For        Management
      and Issuance of 330,332 Technip-Coflexip
      Shares
2     Approve Accounting Treatment of           For       For        Management
      Absorption
3     Approve Terms of Conversion of Coflexip   For       For        Management
      Stock Options
4     Approve Dissolution of Coflexip without   For       For        Management
      Liquidation
5     Amend Articles to Reflect Changes in      For       For        Management
      Capital
6     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in International
      Stock Purchase Plan
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
9     Elect Olivier Appert as Director          For       For        Management
10    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

TECHNIP (FORMERLY TECHNIP-COFLEXIP)

Ticker:       TNHPY          Security ID:  F90676101
Meeting Date: JUL 11, 2003   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Coflexip  For       For        Management
      and Issuance of 330,332 Technip-Coflexip
      Shares
2     Approve Accounting Treatment of           For       For        Management
      Absorption
3     Approve Terms of Conversion of Coflexip   For       For        Management
      Stock Options
4     Approve Dissolution of Coflexip without   For       For        Management
      Liquidation
5     Amend Articles to Reflect Changes in      For       For        Management
      Capital
6     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in International
      Stock Purchase Plan
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities
9     Elect Olivier Appert as Director          For       For        Management
10    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

TEXWINCA HOLDINGS LIMITED

Ticker:                      Security ID:  G8770Z106
Meeting Date: AUG 28, 2003   Meeting Type: Special
Record Date:  AUG 20, 2003

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


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

TEXWINCA HOLDINGS LIMITED

Ticker:                      Security ID:  G8770Z106
Meeting Date: AUG 28, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.14 Per     For       For        Management
      Share
3     Elect Directors and Authorize Board to    For       For        Management
      Fix Their Remuneration
4     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration


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

THYSSENKRUPP AG (FORMERLY THYSSEN AG )

Ticker:                      Security ID:  D8398Q119
Meeting Date: JAN 23, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.50 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2002/2003
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2002/2003
5     Ratify KPMG as Auditors                   For       For        Management
6     Amend Articles Re: Allow for the Issuance For       For        Management
      of Dividends in Kind
7     Authorize Repurchase of up to Ten Percent For       For        Management
      of Issued Share Capital; Authorize Board
      to Issue Repurchased Shares as New Shares
      without Preemptive Rights
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares from its 2003 AGM Scheme
9     Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 500
      Million with Preemptive Rights


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

TOSOH CORP.

Ticker:                      Security ID:  J90096116
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

TOYO RADIATOR CO. LTD.

Ticker:                      Security ID:  J92074129
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

TRINITY MIRROR PLC (FORMERLY TRINITY PLC)

Ticker:                      Security ID:  G90637102
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.8 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Peter Birch as Director          For       For        Management
5     Elect David Ross as Director              For       For        Management
6     Elect Vijay Vaghela as Director           For       For        Management
7     Authorise EU Political Donations by MGN   For       For        Management
      Limited up to Aggregate Nominal Amount of
      GBP 150,000
8     Authorise EU Political Donations by       For       For        Management
      Scottish Daily Record and Sunday Mail
      Limited up to Aggregate Nominal Amount of
      GBP 150,000
9     Authorise EU Political Donations by       For       For        Management
      Trinity Mirror Regionals plc up to
      Aggregate Nominal Amount of GBP 150,000
10    Re-appoint Deloitte and Touche LLP as     For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
11    Approve the Trinity Mirror Long-Term      For       For        Management
      Incentive Plan 2004
12    Approve the Trinity Mirror Employees'     For       For        Management
      Benefit Trust
13    Approve the Trinity Mirror Share          For       For        Management
      Incentive Plan
14    Approve the Extension of the Employees'   For       For        Management
      Share Schemes to  Overseas Employees
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 9,820,000
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,472,500
17    Authorise 29,450,000 Ordinary Shares for  For       For        Management
      Market Purchase
18    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 200,000
      to GBP 500,000


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

TSINGTAO BREWERY CO

Ticker:                      Security ID:  Y8997D102
Meeting Date: AUG 13, 2003   Meeting Type: Special
Record Date:  JUL 24, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       For        Management
2     Elect a Non-Executive Director            For       For        Management
3     Elect a Supervisor                        For       For        Management
4     Elect an Independent Director             For       For        Management


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

TSINGTAO BREWERY CO

Ticker:                      Security ID:  Y8997D102
Meeting Date: JUN 8, 2004    Meeting Type: Annual
Record Date:  MAY 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Supervisors' Report                For       For        Management
3     Accept Financial Statements               For       For        Management
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Approve PricewaterhouseCoopers Zhong Tian For       For        Management
      and PricewaterhouseCoopers in Hong Kong
      as Domestic and Internatinal Auditors
      Respectively and Authorize Board to Fix
      Their Remuneration
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights of Not More than 20
      Percent
7     Amend Articles of Association             For       For        Management


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

UMICORE(FRMLY UNION MINIERE S.A.)

Ticker:                      Security ID:  B95505119
Meeting Date: MAR 19, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


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

UMICORE(FRMLY UNION MINIERE S.A.)

Ticker:                      Security ID:  B95505119
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report Governing Stock Option     None      None       Management
      Plan of French Subsidiaries
2     Receive Directors' Report on 2003 Fiscal  None      None       Management
      Year
3     Receive Auditors' Report on 2003 Fiscal   None      None       Management
      Year
4.1   Accept Financial Statements and Statutory For       For        Management
      Reports
4.2   Approve Appropriation of the Loss for     For       For        Management
      2003 Including the Dividend
5.1   Approve Discharge of Directors            For       For        Management
5.2   Approve Discharge of Auditors             For       For        Management
6.1   Accept Resignation of Jean-Pierre         For       For        Management
      Standaert as Director and Leave Vacant
      His Mandate
6.2   Elect Director Following Resignation of   For       For        Management
      Jean-Pierre Standaert
6.3   Approve Renumeration of Directors in      For       For        Management
      Aggregate Amount of EUR 330,000
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Transact Other Business                   None      None       Management


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

UNIDEN CORP.

Ticker:                      Security ID:  J94148103
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12.5,
      Final JY 12.5, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
2.9   Elect Director                            For       For        Management
2.10  Elect Director                            For       For        Management
2.11  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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

UNILABS S.A.

Ticker:                      Security ID:  H89483145
Meeting Date: NOV 27, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Receive Consolidated Financial Statements None      None       Management
      and Statutory Reports (Non-Voting)
3     Accept Financial Statements and Statutory For       For        Management
      Reports; Accept Consolidated Financial
      Statements and Statutory
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Approve Discharge of Management Board     For       For        Management
6     Reelect Jean Buhler, Alessandra Gherardi, For       For        Management
      Alex Hoffmann, Patrick Schellenberg,
      Pierre Schifferli, and Edgard Zwirn as
      Directors
7     Ratify Ernst and Young SA as Auditors     For       For        Management
8     Other Business (Non-Voting)               None      None       Management


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

VA TECHNOLOGIE

Ticker:                      Security ID:  A8868F109
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Discharge of Management Board     For       For        Management
3     Approve Discharge of Supervisory Board    For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Ratify Auditors                           For       For        Management
6     Elect Supervisory Board Members           For       For        Management
7     Approve Creation of EUR 49,073 Pool of    For       For        Management
      Conditional Capital with Preemptive
      Rights
8     Approve Issuance of 750,000 Bearer Shares For       For        Management
      to Fulfil Option for Allotment of
      Additional Shares Granted to Consortium
      of Banks (Greenshoe)
9     Amend Articles                            For       For        Management
10    Authorize Repurchase of 780,000 Shares    For       For        Management
      for Issuance to Management Board Members
      and Key Employees


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

VANGUARD INTERNATIONAL SEMICONDUCTOR CORP

Ticker:                      Security ID:  Y9353N106
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on 2003 Business Operation None      None       Management
      Results
2     Receive Supervisors' Report               None      None       Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Allocation of Income and          For       For        Management
      Dividends
5     Approve Reduction in Stated  Capital      For       Against    Management
6     Approve 5-Year Income Tax Exemption       For       For        Management
      Regarding Rights Offering in 2003 Under
      Statute for Upgrading Industry
7     Amend Articles of Association             For       Against    Management
8     Amend Procedures Governing the Acquistion For       Against    Management
      or Disposal of Assets
9     Amend Procedures Governing Financial      For       Against    Management
      Derivative Transactions
10    Amend Operating Procedures for the Loan   For       Against    Management
      of Funds to Other  Parties
11    Amend Endorsement and Guarantee Operating For       Against    Management
      Guidelines
12    Other Business                            None      None       Management


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

VEDIOR NV

Ticker:                      Security ID:  N9202Y107
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Financial Statements, Allocation  For       For        Management
      of Income and Dividends of EUR 0.16 Per
      Share
3     Approve Discharge of Management and       For       For        Management
      Supervisory Boards
4     Discussion about Company's Corporate      None      None       Management
      Governance Report
5     Grant Board Authority to Issue All        For       For        Management
      Authorized Yet Unissued Shares
      Restricting/Excluding Preemptive Rights
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Reelect R. Laan to Supervisory Board      For       For        Management
8     Reelect Deloitte & Accountants as         For       For        Management
      Auditors
9     Amend Articles Re: Amendments to Comply   For       For        Management
      with Dutch Corporate Governance Code
10    Approve Remuneration Policy for           For       For        Management
      Management Board Members
11    Approve Stock Option Plan and Restricted  For       For        Management
      Share Plan for Management Board Members;
      Approve Employee Stock Purchase Plan for
      U.S. Based Employees
12    Other Business                            None      None       Management
13    Close Meeting                             None      None       Management


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

VERSATEL TELECOM INTERNATIONAL

Ticker:                      Security ID:  N93195100
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Approve Financial Statements and          For       For        Management
      Statutory Reports
4     Approve Discharge of Management Board     For       For        Management
5     Approve Discharge of Supervisory Board    For       For        Management
6     Approve Decrease in Size of Supervisory   For       For        Management
      Board
7     Approve Discharge of Retiring Members of  For       For        Management
      Supervisory Board for 2003
8     Elect Boudewijn Beerkens, Loek Heermans,  For       For        Management
      and Hans Huber to Supervisory Board
9     Approve Remuneration of Supervisory Board For       For        Management
10    Ratify Auditors                           For       For        Management
11    Discussion about Company's Corporate      None      None       Management
      Governance Report
12    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
13    Allow Questions                           None      None       Management
14    Close Meeting                             None      None       Management


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

VIMPEL COMMUNICATIONS AO

Ticker:       VIP            Security ID:  68370R109
Meeting Date: OCT 24, 2003   Meeting Type: Special
Record Date:  SEP 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of VimpelCom-R        For       For        Management
2     Approve Acquisition of VimpelCom-R as an  For       For        Management
      Interested Party Transaction
3     Issue Shares in Connection with           For       For        Management
      Acquisition of VimpelCom-R
4     Approve Conversion of 3,320 VimpelCom-R   For       For        Management
      Shares Owned by Eco Telecom Ltd. into 7.3
      Million VimpelCom Shares as an Interested
      Party Transaction
5     Approve Conversion of 1,659 VimpelCom-R   For       For        Management
      Shares Owned by Telenor East Invest AS
      into 3.6 Million VimpelCom Shares as an
      Interested Party Transaction


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

WING HANG BANK LTD

Ticker:                      Security ID:  Y9588K109
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:

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


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

WMC RESOURCES LTD

Ticker:                      Security ID:  Q9737U106
Meeting Date: APR 6, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Elect P J Knight as Director              For       For        Management
1b    Elect I E Webber as Director              For       For        Management
1c    Elect G W McGregor as Director            For       For        Management
1d    Elect G J Pizzey as Director              For       For        Management


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

YAMADA DENKI CO.

Ticker:                      Security ID:  J95534103
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

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


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

YASKAWA ELECTRIC CORP.

Ticker:                      Security ID:  J9690T102
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  MAR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 3, Special JY 0
2     Amend Articles to: Authorize Share        For       Against    Management
      Repurchases at Board's Discretion
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
4.4   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Special Bonus for Family of       For       Against    Management
      Deceased Director and Retirement Bonuses
      for Directors and Statutory Auditor




================= BLACKROCK KENTUCKY TAX-FREE INCOME PORTFOLIO =================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


================= BLACKROCK LARGE CAP GROWTH EQUITY PORTFOLIO ==================

ITEM 1 PROXY VOTING RECORD

3M CO

Ticker:       MMM            Security ID:  88579Y101
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward A. Brennan         For       For        Management
1.2   Elect  Director Michael L. Eskew          For       For        Management
1.3   Elect  Director W. James McNerney, Jr.    For       For        Management
1.4   Elect  Director Kevin W. Sharer           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Separate Chairman and CEO Positions       Against   For        Shareholder


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

ABBOTT LABORATORIES

Ticker:       ABT            Security ID:  002824100
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Roxanne S. Austin         For       For        Management
1.2   Elect  Director H.Laurance Fuller         For       For        Management
1.3   Elect  Director Richard A. Gonzalez       For       For        Management
1.4   Elect  Director Jack M. Greenberg         For       For        Management
1.5   Elect  Director Jeffrey M. Leiden         For       For        Management
1.6   Elect  Director David A. Lord Owen        For       For        Management
1.7   Elect  Director Boone Powell Jr.          For       For        Management
1.8   Elect  Director Addison Barry Rand        For       For        Management
1.9   Elect  Director W.Ann Reynolds            For       For        Management
1.10  Elect  Director Roy S. Roberts            For       For        Management
1.11  Elect  Director William D. Smithburg      For       For        Management
1.12  Elect  Director John R. Walter            For       For        Management
1.13  Elect  Director Miles D. White            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Drug Pricing                              Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Report on Operational Imact of HIV/AIDS,  Against   Against    Shareholder
      TB, and Malaria Pandemic


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

AFFILIATED COMPUTER SERVICES, INC.

Ticker:       ACS            Security ID:  008190100
Meeting Date: OCT 30, 2003   Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Darwin Deason              For       For        Management
1.2   Elect Director Jeffrey A. Rich            For       For        Management
1.3   Elect Director Mark A. King               For       For        Management
1.4   Elect Director Joseph P. O'Neill          For       For        Management
1.5   Elect Director Frank A. Rossi             For       For        Management
1.6   Elect Director J. Livingston Kosberg      For       For        Management
1.7   Elect Director Dennis McCuistion          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


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

ALLIANCE DATA SYSTEMS CORP

Ticker:       ADS            Security ID:  018581108
Meeting Date: JUN 8, 2004    Meeting Type: Annual
Record Date:  APR 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lawrence M. Benveniste    For       For        Management
1.2   Elect  Director D. Keith Cobb             For       For        Management
1.3   Elect  Director Kenneth R. Jensen         For       For        Management


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

ALTRIA GROUP, INC.

Ticker:       MO             Security ID:  02209S103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Elizabeth E. Bailey       For       For        Management
1.2   Elect  Director Mathis Cabiallavetta      For       For        Management
1.3   Elect  Director Louis C. Camilleri        For       For        Management
1.4   Elect  Director J. Dudley Fishburn        For       For        Management
1.5   Elect  Director Robert E. R. Huntley      For       For        Management
1.6   Elect  Director Thomas W. Jones           For       For        Management
1.7   Elect  Director Lucio A. Noto             For       For        Management
1.8   Elect  Director John S. Reed              For       For        Management
1.9   Elect  Director Carlos Slim Helu          For       For        Management
1.10  Elect  Director Stephen M. Wolf           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Product Warnings for Pregnant   Against   Against    Shareholder
      Women
4     Report on Health Risks Associated with    Against   Against    Shareholder
      Cigarette Filters
5     Political Contributions/Activities        Against   Against    Shareholder
6     Cease Use of Light and Ultra Light in     Against   Against    Shareholder
      Cigarette Marketing
7     Place Canadian Style Warnings on          Against   Against    Shareholder
      Cigarette Packaging
8     Separate Chairman and CEO Positions       Against   For        Shareholder


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

AMERICAN EXPRESS CO.

Ticker:       AXP            Security ID:  025816109
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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     Establish Term Limits for Directors       Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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

AMERICAN INTERNATIONAL GROUP, INC.

Ticker:       AIG            Security ID:  026874107
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director M. Bernard Aidinoff       For       For        Management
1.2   Elect  Director Pei-Yuan Chia             For       For        Management
1.3   Elect  Director Marshall A. Cohen         For       For        Management
1.4   Elect  Director Willaim S. Cohen          For       For        Management
1.5   Elect  Director Martin S. Feldstein       For       For        Management
1.6   Elect  Director Ellen V. Futter           For       For        Management
1.7   Elect  Director Maurice R. Greenberg      For       For        Management
1.8   Elect  Director Carla A. Hills            For       For        Management
1.9   Elect  Director Frank J. Hoenemeyer       For       For        Management
1.10  Elect  Director Richard C. Holbrooke      For       For        Management
1.11  Elect  Director Donald P. Kanak           For       For        Management
1.12  Elect  Director Howard I. Smith           For       For        Management
1.13  Elect  Director Martin J. Sullivan        For       For        Management
1.14  Elect  Director Edmund S.W. Tse           For       For        Management
1.15  Elect  Director Frank G. Zarb             For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Divest from Tobacco Equities              Against   Against    Shareholder
7     Link Executive Compensation to Predatory  Against   Against    Shareholder
      Lending


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

AMERICAN STANDARD COMPANIES, INC.

Ticker:       ASD            Security ID:  029712106
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven E. Anderson        For       For        Management
1.2   Elect  Director James F. Hardymon         For       For        Management
1.3   Elect  Director Ruth Ann Marshall         For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


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

AMGEN, INC.

Ticker:       AMGN           Security ID:  031162100
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank J. Biondi, Jr.      For       For        Management
1.2   Elect  Director Jerry D. Choate           For       For        Management
1.3   Elect  Director Frank C. Herringer        For       For        Management
1.4   Elect  Director Gilbert S. Omenn          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prepare Glass Ceiling Report              Against   Against    Shareholder
4     Expense Stock Options                     Against   For        Shareholder


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

ANTHEM INC.

Ticker:       ATH            Security ID:  03674B104
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Victor S. Liss            For       For        Management
1.2   Elect  Director James W. McDowell, Jr.    For       For        Management
1.3   Elect  Director George A. Schaefer, Jr.   For       For        Management
1.4   Elect  Director Jackie M. Ward            For       For        Management


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

ANTHEM INC.

Ticker:       ATH            Security ID:  03674B104
Meeting Date: JUN 28, 2004   Meeting Type: Special
Record Date:  MAY 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Change Company Name                       For       For        Management


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

BALL CORP.

Ticker:       BLL            Security ID:  058498106
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Hanno C. Fiedler          For       For        Management
1.2   Elect  Director John F. Lehman            For       For        Management
1.3   Elect  Director George A. Sissel          For       For        Management
1.4   Elect  Director Erik H. van der Kaay      For       For        Management
2     Ratify Auditors                           For       For        Management


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

BECKMAN COULTER, INC.

Ticker:       BEC            Security ID:  075811109
Meeting Date: APR 1, 2004    Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald W. Dollens         For       For        Management
1.2   Elect  Director Charles A. Haggerty       For       For        Management
1.3   Elect  Director William N. Kelley, M.D.   For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

BECTON, DICKINSON AND COMPANY

Ticker:       BDX            Security ID:  075887109
Meeting Date: FEB 11, 2004   Meeting Type: Annual
Record Date:  DEC 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Henry P. Becton, Jr.       For       For        Management
1.2   Elect Director Edward F. DeGraan          For       For        Management
1.3   Elect Director James F. Orr               For       For        Management
1.4   Elect Director Margaretha af Ugglas       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Provide for Cumulative Voting             Against   Against    Shareholder


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

BIOGEN IDEC INC

Ticker:       BIIB           Security ID:  09062X103
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan Belzer               For       For        Management
1.2   Elect  Director Mary L. Good              For       For        Management
1.3   Elect  Director James C. Mullen           For       For        Management
1.4   Elect  Director Bruce R. Ross             For       For        Management
2     Ratify Auditors                           For       For        Management


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

BLACK & DECKER CORP., THE

Ticker:       BDK            Security ID:  091797100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     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
2     Ratify Auditors                           For       For        Management
3     Approve Restricted Stock Plan             For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder


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

BORDERS GROUP, INC.

Ticker:       BGP            Security ID:  099709107
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joel J. Cohen             For       For        Management
1.2   Elect  Director Robert F. Diromualdo      For       For        Management
1.3   Elect  Director Gregory P. Josefowicz     For       For        Management
1.4   Elect  Director Amy B. Lane               For       For        Management
1.5   Elect  Director Victor L. Lund            For       For        Management
1.6   Elect  Director Dr. Edna Greene Medford   For       For        Management
1.7   Elect  Director George R. Mrkonic         For       For        Management
1.8   Elect  Director Lawrence I. Pollock       For       For        Management
1.9   Elect  Director Beth M. Pritchard         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

BOSTON SCIENTIFIC CORP.

Ticker:       BSX            Security ID:  101137107
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ursula M. Burns           For       For        Management
1.2   Elect  Director Marye Anne Fox            For       For        Management
1.3   Elect  Director N.J. Nicholas, Jr.        For       For        Management
1.4   Elect  Director John E. Pepper            For       For        Management
2     Ratify Auditors                           For       For        Management


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

BRISTOL-MYERS SQUIBB CO.

Ticker:       BMY            Security ID:  110122108
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter R. Dolan            For       For        Management
1.2   Elect  Director Louis V. Gerstner, Jr.    For       For        Management
1.3   Elect  Director Leif Johansson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
4     Cease Political Contributions/Activities  Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
7     Require Affirmative Vote of a Majority of Against   Against    Shareholder
      the Shares to Elect Directors


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

BROADCOM CORP.

Ticker:       BRCM           Security ID:  111320107
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director George L. Farinsky        For       For        Management
1.2   Elect  Director John Major                For       For        Management
1.3   Elect  Director Alan E. Ross              For       For        Management
1.4   Elect  Director Henry Samueli, Ph.D.      For       For        Management
1.5   Elect  Director Robert E. Switz           For       For        Management
1.6   Elect  Director Werner F. Wolfen          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

CENDANT CORPORATION

Ticker:       CD             Security ID:  151313103
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director The Right Honourable      For       For        Management
      Brian Mulroney
1.2   Elect  Director Ronald L. Nelson          For       For        Management
1.3   Elect  Director Robert W. Pittman         For       For        Management
1.4   Elect  Director Myra J. Biblowit          For       For        Management
1.5   Elect  Director Sheli Z. Rosenberg        For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Separate Chairman and CEO Positions       Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder


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

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R102
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Carol A. Bartz             For       For        Management
1.2   Elect Director Larry R. Carter            For       For        Management
1.3   Elect Director John T. Chambers           For       For        Management
1.4   Elect Director Dr. James F. Gibbons       For       For        Management
1.5   Elect Director Dr. John L. Hennessy       For       For        Management
1.6   Elect Director Roderick C. McGeary        For       For        Management
1.7   Elect Director James C. Morgan            For       For        Management
1.8   Elect Director John P. Morgridge          For       For        Management
1.9   Elect Director Donald T. Valentine        For       For        Management
1.10  Elect Director Steven M. West             For       For        Management
1.11  Elect Director Jerry Yang                 For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Company Products Used by the    Against   Against    Shareholder
      Government to Monitor the Internet
5     Report on Pay Disparity                   Against   Against    Shareholder


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

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Michael Armstrong      For       For        Management
1.2   Elect  Director Alain J.P. Belda          For       For        Management
1.3   Elect  Director George David              For       For        Management
1.4   Elect  Director Kenneth T. Derr           For       For        Management
1.5   Elect  Director John M. Deutch            For       For        Management
1.6   Elect  Director Roberto Hernandez Ramirez For       For        Management
1.7   Elect  Director Ann Dibble Jordan         For       For        Management
1.8   Elect  Director Dudley C. Mecum           For       For        Management
1.9   Elect  Director Richard D. Parsons        For       For        Management
1.10  Elect  Director Andrall E. Pearson        For       For        Management
1.11  Elect  Director Charles Prince            For       For        Management
1.12  Elect  Director Robert E. Rubin           For       For        Management
1.13  Elect  Director Franklin A. Thomas        For       For        Management
1.14  Elect  Director Sanford I. Weill          For       For        Management
1.15  Elect  Director Robert B. Willumstad      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Separate Chairman and CEO Positions       Against   Against    Shareholder


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

CLAIRE

Ticker:       CLE            Security ID:  179584107
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  APR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marla L. Schaefer         For       For        Management
1.2   Elect  Director E. Bonnie Schaefer        For       For        Management
1.3   Elect  Director Ira D. Kaplan             For       For        Management
1.4   Elect  Director Bruce G. Miller           For       For        Management
1.5   Elect  Director Steven H. Tishman         For       For        Management
1.6   Elect  Director Todd D. Jick              For       For        Management
1.7   Elect  Director Ann Spector Leiff         For       For        Management
2     Adopt MacBride Principles                 Against   Against    Shareholder


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

COCA-COLA ENTERPRISES INC.

Ticker:       CCE            Security ID:  191219104
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John R. Alm               For       For        Management
1.2   Elect  Director J. Trevor Eyton           For       For        Management
1.3   Elect  Director Gary P. Fayard            For       For        Management
1.4   Elect  Director L. Phillip Humann         For       For        Management
1.5   Elect  Director Paula G. Rosput           For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Deferred Compensation Plan          For       For        Management
5     Approve Employee Stock Purchase Plan      For       For        Management
6     Approve Employee Stock Purchase Plan      For       For        Management
7     Ratify Auditors                           For       For        Management
8     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
9     Report on Recycling Policy                Against   Against    Shareholder


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

COMCAST CORP.

Ticker:       CMCSA          Security ID:  20030N101
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director S. Decker Anstrom         For       For        Management
1.2   Elect  Director C. Michael Armstrong      For       For        Management
1.3   Elect  Director Kenneth J. Bacon          For       For        Management
1.4   Elect  Director Sheldon M. Bonovitz       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 J. Michael Cook           For       For        Management
1.8   Elect  Director Brian L. Roberts          For       For        Management
1.9   Elect  Director Ralph J. Roberts          For       For        Management
1.10  Elect  Director Dr. Judith Rodin          For       For        Management
1.11  Elect  Director Michael I. Sovern         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Restricted Stock Plan               For       For        Management
4     Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
5     Require Two-Thirds Majority of            Against   For        Shareholder
      Independent Directors on Board
6     Political Contributions/Activities        Against   Against    Shareholder
7     Nominate Two Directors for every open     Against   Against    Shareholder
      Directorships
8     Limit Executive Compensation              Against   Against    Shareholder
9     Adopt a Recapitalization Plan             Against   For        Shareholder


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

COMPUTER SCIENCES CORPORATION

Ticker:       CSC            Security ID:  205363104
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Irving W. Bailey, II       For       For        Management
1.2   Elect Director Stephen L. Baum            For       For        Management
1.3   Elect Director Rodney F. Chase            For       For        Management
1.4   Elect Director Van B. Honeycutt           For       For        Management
1.5   Elect Director William R. Hoover          For       For        Management
1.6   Elect Director Leon J. Level              For       For        Management
1.7   Elect Director Thomas A. McDonnell        For       For        Management
1.8   Elect Director F. Warren McFarlan         For       For        Management
1.9   Elect Director James R. Mellor            For       For        Management
1.10  Elect Director William P. Rutledge        For       For        Management


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

CONSTELLATION BRANDS, INC.

Ticker:       STZ.B          Security ID:  21036P108
Meeting Date: JUL 15, 2003   Meeting Type: Annual
Record Date:  MAY 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas C. McDermott as     For       For        Management
      Class A Stock Director
1.2   Elect Director Paul L. Smith as Class A   For       For        Management
      Stock Director
1.3   Elect Director George Bresler as Class B  For       For        Management
      Stock Director
1.4   Elect Director Jeananne K. Hauswald as    For       For        Management
      Class B Stock Director
1.5   Elect Director James A. Locke III as      For       For        Management
      Class B Stock Director
1.6   Elect Director Richard Sands, Ph.D. as    For       For        Management
      Class B Stock Director
1.7   Elect Director Robert Sands as Class B    For       For        Management
      Stock Director
2     Ratify Auditors                           For       For        Management


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

CORNING INC.

Ticker:       GLW            Security ID:  219350105
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeremy R. Knowles         For       Did Not    Management
                                                          Vote
1.2   Elect  Director Eugene C. Sit             For       Did Not    Management
                                                          Vote
1.3   Elect  Director William D. Smithburg      For       Did Not    Management
                                                          Vote
1.4   Elect  Director Hansel E. Tookes II       For       Did Not    Management
                                                          Vote
1.5   Elect  Director Wendell P. Weeks          For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote
3     Submit Severance Agreement                Against   Did Not    Shareholder
      (Change-in-Control) to Shareholder Vote             Vote


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

DANAHER CORP.

Ticker:       DHR            Security ID:  235851102
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director  Steven M. Rales          For       For        Management
1.2   Elect  Director  John T. Schwieters       For       For        Management
1.3   Elect  Director  Alan G. Spoon            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Develop Charter Language on Board         Against   Against    Shareholder
      Diversity


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

DELL INC.

Ticker:       DELL           Security ID:  247025109
Meeting Date: JUL 18, 2003   Meeting Type: Annual
Record Date:  MAY 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael A. Miles           For       For        Management
1.2   Elect Director Alex J. Mandl              For       For        Management
1.3   Elect Director Morton L. Topfer           For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Change Company Name                       For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management


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

DORAL FINANCIAL CORP.

Ticker:       DRL            Security ID:  25811P100
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard F. Bonini         For       For        Management
1.2   Elect  Director Edgar M. Cullman, Jr      For       For        Management
1.3   Elect  Director John L. Ernst             For       For        Management
1.4   Elect  Director Peter A. Hoffman          For       For        Management
1.5   Elect  Director Efraim Kier               For       For        Management
1.6   Elect  Director Salomon Levis             For       For        Management
1.7   Elect  Director Zoila Levis               For       For        Management
1.8   Elect  Director Harold D. Vicente         For       For        Management
1.9   Elect  Director John B. Hughes            For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Increase Authorized Preferred Stock       For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Ratify Auditors                           For       For        Management


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

ELECTRONIC ARTS, INC.

Ticker:       ERTS           Security ID:  285512109
Meeting Date: JUL 31, 2003   Meeting Type: Annual
Record Date:  JUN 4, 2003

#     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 Lawrence F. Probst III     For       For        Management
1.8   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     Ratify Auditors                           For       For        Management


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

ENERGIZER HOLDINGS, INC.

Ticker:       ENR            Security ID:  29266R108
Meeting Date: JAN 26, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John R. Roberts            For       For        Management
1.2   Elect Director John E. Klein              For       For        Management
1.3   Elect Director R. David Hoover            For       For        Management
1.4   Elect Director W. Patrick McGinnis        For       For        Management


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

FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC.

Ticker:       FCS            Security ID:  303726103
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kirk P. Pond              For       For        Management
1.2   Elect  Director Joseph R. Martin          For       For        Management
1.3   Elect  Director Charles P. Carinalli      For       For        Management
1.4   Elect  Director Richard M. Cashin, Jr.    For       For        Management
1.5   Elect  Director Charles M. Clough         For       For        Management
1.6   Elect  Director Robert F. Friel           For       For        Management
1.7   Elect  Director Thomas L. Magnanti        For       For        Management
1.8   Elect  Director Bryan R. Roub             For       For        Management
1.9   Elect  Director Paul C. Schorr IV         For       For        Management
1.10  Elect  Director Ronald W. Shelly          For       For        Management
1.11  Elect  Director William N. Stout          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

FIRST DATA CORP.

Ticker:       FDC            Security ID:  319963104
Meeting Date: OCT 28, 2003   Meeting Type: Special
Record Date:  SEP 8, 2003

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


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

FIRST DATA CORP.

Ticker:       FDC            Security ID:  319963104
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Henry C. Duques           For       For        Management
1.2   Elect  Director Charles T. Fote           For       For        Management
1.3   Elect  Director Richard P. Kiphart        For       For        Management
1.4   Elect  Director Joan E. Spero             For       For        Management
2     Ratify Auditors                           For       For        Management


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

FOOT LOCKER INC

Ticker:       FL             Security ID:  344849104
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James E. Preston          For       For        Management
1.2   Elect  Director Matthew D. Serra          For       For        Management
1.3   Elect  Director Christopher A. Sinclair   For       For        Management
1.4   Elect  Director Dona D. Young             For       For        Management
2     Ratify Auditors                           For       For        Management


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

FOREST LABORATORIES, INC.

Ticker:       FRX            Security ID:  345838106
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 20, 2003

#     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, M.D.     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     Ratify Auditors                           For       For        Management


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

FOX ENTERTAINMENT GROUP, INC.

Ticker:       FOX            Security ID:  35138T107
Meeting Date: NOV 25, 2003   Meeting Type: Annual
Record Date:  SEP 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director K. Rupert Murdoch, AC      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 Thomas W. Jones            For       For        Management
1.8   Elect Director Peter Powers               For       For        Management
2     Ratify Auditors                           For       For        Management


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

FREDDIE MAC

Ticker:       FRE            Security ID:  313400301
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joan E. Donoghue          For       For        Management
1.2   Elect  Director Michelle Engler           For       For        Management
1.3   Elect  Director Richard Karl Goeltz       For       For        Management
1.4   Elect  Director George D. Gould           For       For        Management
1.5   Elect  Director Henry Kaufman             For       For        Management
1.6   Elect  Director John B. Mccoy             For       For        Management
1.7   Elect  Director Shaun F. O'Malley         For       For        Management
1.8   Elect  Director Ronald F. Poe             For       For        Management
1.9   Elect  Director Stephen A. Ross           For       For        Management
1.10  Elect  Director Donald J. Schuenke        For       For        Management
1.11  Elect  Director Christina Seix            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


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

HALLIBURTON CO.

Ticker:       HAL            Security ID:  406216101
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     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 Charles J. DiBona         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 Aylwin B. Lewis           For       For        Management
1.8   Elect  Director J. Landis Martin          For       For        Management
1.9   Elect  Director Jay A. Precourt           For       For        Management
1.10  Elect  Director Debra L. Reed             For       For        Management
1.11  Elect  Director C. J. Silas               For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Review/Report on Operations in Iran       Against   Against    Shareholder
4     Require Affirmative Vote of a Majority of Against   Against    Shareholder
      the Shares to Elect Directors
5     Separate Chairman and CEO Positions       Against   For        Shareholder


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

HENRY SCHEIN, INC.

Ticker:       HSIC           Security ID:  806407102
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stanley M. Bergman         For       For        Management
1.2   Elect Director Gerald A. Benjamin         For       For        Management
1.3   Elect Director James P. Breslawski        For       For        Management
1.4   Elect Director Mark E. Mlotek             For       For        Management
1.5   Elect Director Steven Paladino            For       For        Management
1.6   Elect Director Barry J. Alperin           For       For        Management
1.7   Elect Director Pamela Joseph              For       For        Management
1.8   Elect Director Donald J. Kabat            For       For        Management
1.9   Elect Director Marvin H. Schein           For       For        Management
1.10  Elect Director Irving Shafran             For       For        Management
1.11  Elect Director Philip A. Laskawy          For       For        Management
1.12  Elect Director Norman S. Matthews         For       For        Management
1.13  Elect Director Louis W. Sullivan          For       For        Management
1.14  Elect Director Margaret A. Hamburg        For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
4     Approve Employee Stock Purchase Plan      For       For        Management
5     Ratify Auditors                           For       For        Management


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

HOME DEPOT, INC. (THE)

Ticker:       HD             Security ID:  437076102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     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 Kenneth G. Langone        For       For        Management
1.9   Elect  Director Robert L. Nardelli        For       For        Management
1.10  Elect  Director Roger S. Penske           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Establish Term Limits for Directors       Against   Against    Shareholder
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Performance- Based/Indexed Options        Against   For        Shareholder
6     Adopt ILO Based Code of Conduct           Against   Against    Shareholder
7     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
8     Require Affirmative Vote of the Majority  Against   Against    Shareholder
      of the Shares to Elect Directors


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

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     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 Andrew S. Grove           For       For        Management
1.5   Elect  Director D. James Guzy             For       For        Management
1.6   Elect  Director Reed E. Hundt             For       For        Management
1.7   Elect  Director Paul S. Otellini          For       For        Management
1.8   Elect  Director David S. Pottruck         For       For        Management
1.9   Elect  Director Jane E. Shaw              For       For        Management
1.10  Elect  Director John L. Thornton          For       For        Management
1.11  Elect  Director David B. Yoffie           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder
5     Limit/Prohibit Awards to Executives       Against   For        Shareholder
6     Performance- Based/Indexed Options        Against   For        Shareholder


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

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Carlos Ghosn              For       For        Management
1.4   Elect  Director Nannerl O. Keohane        For       For        Management
1.5   Elect  Director Charles F. Knight         For       For        Management
1.6   Elect  Director Lucio A. Noto             For       For        Management
1.7   Elect  Director Samuel J. Palmisano       For       For        Management
1.8   Elect  Director John B. Slaughter         For       For        Management
1.9   Elect  Director Joan E. Spero             For       For        Management
1.10  Elect  Director Sidney Taurel             For       For        Management
1.11  Elect  Director Charles M. Vest           For       For        Management
1.12  Elect  Director Lorenzo H. Zambrano       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Ratify Auditors for the Company's         For       For        Management
      Business Consulting Services Unit
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Provide for Cumulative Voting             Against   Against    Shareholder
6     Amend Pension and Retirement Medical      Against   Against    Shareholder
      Insurance Plans
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Expense Stock Options                     Against   For        Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    China Principles                          Against   Against    Shareholder
11    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
12    Report on Executive Compensation          Against   Against    Shareholder


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

INTERNATIONAL RECTIFIER CORP.

Ticker:       IRF            Security ID:  460254105
Meeting Date: NOV 24, 2003   Meeting Type: Annual
Record Date:  SEP 26, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James D. Plummer           For       For        Management
1.2   Elect Director Minoru Matsuda             For       For        Management
1.3   Elect Director Robert S. Attiyeh          For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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

INTERNATIONAL RECTIFIER CORP.

Ticker:       IRF            Security ID:  460254105
Meeting Date: JAN 26, 2004   Meeting Type: Special
Record Date:  DEC 19, 2003

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


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

J. B. HUNT TRANSPORT SERVICES, INC.

Ticker:       JBHT           Security ID:  445658107
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John A. Cooper, Jr.       For       For        Management
1.2   Elect  Director Wayne Garrison            For       For        Management
1.3   Elect  Director Bryan Hunt                For       For        Management
2     Ratify Auditors                           For       For        Management


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

JABIL CIRCUIT, INC.

Ticker:       JBL            Security ID:  466313103
Meeting Date: JAN 13, 2004   Meeting Type: Annual
Record Date:  NOV 14, 2003

#     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     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

JOHNSON & JOHNSON

Ticker:       JNJ            Security ID:  478160104
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gerard N. Burrow          For       For        Management
1.2   Elect  Director Mary S. Coleman           For       For        Management
1.3   Elect  Director James G. Cullen           For       For        Management
1.4   Elect  Director Robert J. Darretta        For       For        Management
1.5   Elect  Director M. Judah Folkman          For       For        Management
1.6   Elect  Director Ann D. Jordan             For       For        Management
1.7   Elect  Director Arnold G. Langbo          For       For        Management
1.8   Elect  Director Susan L. Lindquist        For       For        Management
1.9   Elect  Director Leo F. Mullin             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 Henry B. Schacht          For       For        Management
1.13  Elect  Director William C. Weldon         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Cease Charitable Contributions            Against   Against    Shareholder


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

KELLOGG CO.

Ticker:       K              Security ID:  487836108
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Benjamin S. Carson, Sr.   For       For        Management
1.2   Elect  Director Gordon Gund               For       For        Management
1.3   Elect  Director Dorothy A. Johnson        For       For        Management
1.4   Elect  Director Ann Mclaughlin Korologos  For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Genetically Modified Organisms  Against   Against    Shareholder
      (GMO)


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

KIMBERLY-CLARK CORP.

Ticker:       KMB            Security ID:  494368103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pastora San Juan Cafferty For       For        Management
1.2   Elect  Director Claudio X. Gonzalez       For       For        Management
1.3   Elect  Director Linda Johnson Rice        For       For        Management
1.4   Elect  Director Marc J. Shapiro           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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

L-3 COMMUNICATIONS HOLDINGS, INC.

Ticker:       LLL            Security ID:  502424104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Claude R. Canizares       For       For        Management
1.2   Elect  Director Thomas A. Corcoran        For       For        Management
1.3   Elect  Director Alan H. Washkowitz        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


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

LENNAR CORP.

Ticker:       LEN            Security ID:  526057104
Meeting Date: MAR 30, 2004   Meeting Type: Annual
Record Date:  FEB 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Irving Bolotin            For       For        Management
1.2   Elect  Director R. Kirk Landon            For       For        Management
1.3   Elect  Director Donna E. Shalala          For       For        Management
2     Other Business                            For       For        Management


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

LEXMARK INTERNATIONAL, INC.

Ticker:       LXK            Security ID:  529771107
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank T. Cary             For       For        Management
1.2   Elect  Director Paul J. Curlander         For       For        Management
1.3   Elect  Director Martin D. Walker          For       For        Management
1.4   Elect  Director James F. Hardymon         For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


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

LSI LOGIC CORP.

Ticker:       LSI            Security ID:  502161102
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Wilfred J. Corrigan       For       For        Management
1.2   Elect  Director James H. Keyes            For       For        Management
1.3   Elect  Director Malcolm R. Currie         For       For        Management
1.4   Elect  Director T.Z. Chu                  For       For        Management
1.5   Elect  Director R. Douglas Norby          For       For        Management
1.6   Elect  Director Matthew J. O'Rourke       For       For        Management
1.7   Elect  Director Gregorio Reyes            For       For        Management
1.8   Elect  Director Larry W. Sonsini          For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan
5     Ratify Auditors                           For       For        Management


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

MBNA CORP.

Ticker:       KRB            Security ID:  55262L100
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  FEB 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James H. Berick           For       For        Management
1.2   Elect  Director Benjamin R. Civiletti     For       For        Management
1.3   Elect  Director Bruce L. Hammonds         For       For        Management
1.4   Elect  Director William L. Jews           For       For        Management
1.5   Elect  Director Randolph D. Lerner        For       For        Management
1.6   Elect  Director Stuart L. Markowitz       For       For        Management
1.7   Elect  Director William B. Milstead       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Require Majority of Independent Directors Against   For        Shareholder
      on Board


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

MCGRAW-HILL COMPANIES, INC., THE

Ticker:       MHP            Security ID:  580645109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pedro Aspe                For       For        Management
1.2   Elect  Director Robert P. McGraw          For       For        Management
1.3   Elect  Director Hilda Ochoa-Brillembourg  For       For        Management
1.4   Elect  Director Edward B. Rust, Jr.       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


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

MEDTRONIC, INC.

Ticker:       MDT            Security ID:  585055106
Meeting Date: AUG 28, 2003   Meeting Type: Annual
Record Date:  JUL 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard H. Anderson        For       For        Management
1.2   Elect Director Michael R. Bonsignore      For       For        Management
1.3   Elect Director Gordon M. Sprenger         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


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

MERCK & CO., INC.

Ticker:       MRK            Security ID:  589331107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter C. Wendell          For       For        Management
1.2   Elect  Director William G. Bowen          For       For        Management
1.3   Elect  Director William M. Daley          For       For        Management
1.4   Elect  Director Thomas E. Shenk           For       For        Management
1.5   Elect  Director Wendell P. Weeks          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Develop Ethical Criteria for Patent       Against   Against    Shareholder
      Extension
6     Link Executive Compensation to Social     Against   Against    Shareholder
      Issues
7     Report on Political Contributions         Against   Against    Shareholder
8     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


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

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     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 Wm. G. Reed, Jr.           For       For        Management
1.10  Elect Director Jon A. Shirley             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Refrain from Giving Charitable            Against   Against    Shareholder
      Contributions


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

MID ATLANTIC MEDICAL SERVICES, INC.

Ticker:       MME            Security ID:  59523C107
Meeting Date: FEB 10, 2004   Meeting Type: Special
Record Date:  JAN 15, 2004

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


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

MILLENNIUM PHARMACEUTICALS, INC.

Ticker:       MLNM           Security ID:  599902103
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles J. Homcy, M.D.    For       For        Management
1.2   Elect  Director Raju S. Kucherlapati,     For       For        Management
      Ph.D.
1.3   Elect  Director Eric S. Lander, Ph.D.     For       For        Management
2     Ratify Auditors                           For       For        Management


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

NEXTEL COMMUNICATIONS, INC.

Ticker:       NXTL           Security ID:  65332V103
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Keith J. Bane             For       For        Management
1.2   Elect  Director V. Janet Hill             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management


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

NORTH FORK BANCORPORATION, INC.

Ticker:       NFB            Security ID:  659424105
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James F. Reeve            For       For        Management
1.2   Elect  Director George H. Rowsom          For       For        Management
1.3   Elect  Director Dr. Kurt R. Schmeller     For       For        Management
2     Ratify Auditors                           For       For        Management


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

NVIDIA CORPORATION

Ticker:       NVDA           Security ID:  67066G104
Meeting Date: JUL 10, 2003   Meeting Type: Annual
Record Date:  MAY 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Tench Coxe                 For       For        Management
1.2   Elect Director Mark A. Stevens            For       For        Management
2     Ratify Auditors                           For       For        Management


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

ORACLE CORP.

Ticker:       ORCL           Security ID:  68389X105
Meeting Date: OCT 13, 2003   Meeting Type: Annual
Record Date:  AUG 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lawrence J. Ellison        For       For        Management
1.2   Elect Director Donald L. Lucas            For       For        Management
1.3   Elect Director Michael J. Boskin          For       For        Management
1.4   Elect Director Jeffrey O. Henley          For       For        Management
1.5   Elect Director Jack F. Kemp               For       For        Management
1.6   Elect Director Jeffrey 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
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
5     Implement China Principles                Against   Against    Shareholder


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

PEPSI BOTTLING GROUP, INC., THE

Ticker:       PBG            Security ID:  713409100
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Linda G. Alvarado         For       For        Management
1.2   Elect  Director Barry H. Beracha          For       For        Management
1.3   Elect  Director John T. Cahill            For       For        Management
1.4   Elect  Director Ira D. Hall               For       For        Management
1.5   Elect  Director Thomas H. Kean            For       For        Management
1.6   Elect  Director Susan D. Kronick          For       For        Management
1.7   Elect  Director Blythe J. McGarvie        For       For        Management
1.8   Elect  Director Margaret D. Moore         For       For        Management
1.9   Elect  Director Rogelio Rebolledo         For       For        Management
1.10  Elect  Director Clay G. Small             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

PEPSICO, INC.

Ticker:       PEP            Security ID:  713448108
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     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 Franklin D. Raines        For       For        Management
1.7   Elect  Director Steven S. Reinemund       For       For        Management
1.8   Elect  Director Sharon Percy Rockefeller  For       For        Management
1.9   Elect  Director James J. Schiro           For       For        Management
1.10  Elect  Director Franklin A. Thomas        For       For        Management
1.11  Elect  Director Cynthia M. Trudell        For       For        Management
1.12  Elect  Director Solomon D. Trujillo       For       For        Management
1.13  Elect  Director Daniel Vasella            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


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

PFIZER INC.

Ticker:       PFE            Security ID:  717081103
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Franklin D. Raines        For       For        Management
1.13  Elect  Director Ruth J. Simmons           For       For        Management
1.14  Elect  Director William C. Steere, Jr.    For       For        Management
1.15  Elect  Director Jean-Paul Valles          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
5     Cease Political Contributions/Activities  Against   Against    Shareholder
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Establish Term Limits for Directors       Against   Against    Shareholder
8     Report on Drug Pricing                    Against   Against    Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    Amend Animal Testing Policy               Against   Against    Shareholder


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

POGO PRODUCING CO.

Ticker:       PPP            Security ID:  730448107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jerry M. Armstrong        For       For        Management
1.2   Elect  Director Paul G. Van Wagenen       For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

PROCTER & GAMBLE COMPANY, THE

Ticker:       PG             Security ID:  742718109
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Norman R. Augustine        For       For        Management
1.2   Elect Director A.G. Lafley                For       For        Management
1.3   Elect Director Johnathan A. Rodgers       For       For        Management
1.4   Elect Director John F. Smith, Jr.         For       For        Management
1.5   Elect Director Margaret C. Whitman        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Declassify the Board of Directors         Against   Against    Shareholder
5     Label Genetically Engineered Foods        Against   Against    Shareholder


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

PROGRESSIVE CORP., THE

Ticker:       PGR            Security ID:  743315103
Meeting Date: APR 16, 2004   Meeting Type: Annual
Record Date:  FEB 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter B. Lewis            For       For        Management
1.2   Elect  Director Glenn M. Renwick          For       For        Management
1.3   Elect  Director Donald B. Shackelford     For       For        Management
2     Amend Articles to Issue Shares without    For       For        Management
      Issuing Physical Certificates
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management


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

QLOGIC CORP.

Ticker:       QLGC           Security ID:  747277101
Meeting Date: AUG 26, 2003   Meeting Type: Annual
Record Date:  JUL 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director H.K. Desai                 For       For        Management
1.2   Elect Director Larry R. Carter            For       For        Management
1.3   Elect Director James R. Fiebiger          For       For        Management
1.4   Elect Director Balakrishnan S. Iyer       For       For        Management
1.5   Elect Director Carol L. Miltner           For       For        Management
1.6   Elect Director George D. Wells            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

RENT-A-CENTER, INC.

Ticker:       RCII           Security ID:  76009N100
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mitchell E. Fadel         For       For        Management
1.2   Elect  Director Peter P. Copses           For       For        Management
1.3   Elect  Director Mary Elizabeth Burton     For       For        Management
2     Increase Authorized Common Stock          For       For        Management


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

STORAGE TECHNOLOGY CORP.

Ticker:       STK            Security ID:  862111200
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Adams            For       For        Management
1.2   Elect  Director Charles E. Foster         For       For        Management
1.3   Elect  Director Mercedes Johnson          For       For        Management
1.4   Elect  Director William T. Kerr           For       For        Management
1.5   Elect  Director Robert E. Lee             For       For        Management
1.6   Elect  Director Patrick J. Martin         For       For        Management
1.7   Elect  Director Judy C. Odom              For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Provide for Cumulative Voting             Against   Against    Shareholder


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

SYMANTEC CORP.

Ticker:       SYMC           Security ID:  871503108
Meeting Date: AUG 21, 2003   Meeting Type: Annual
Record Date:  JUL 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Tania Amochaev             For       For        Management
1.2   Elect Director William Coleman            For       For        Management
1.3   Elect Director Dr. Per-Kristian Halvorsen For       For        Management
1.4   Elect Director David Mahoney              For       For        Management
1.5   Elect Director Robert S. Miller           For       For        Management
1.6   Elect Director Bill Owens                 For       For        Management
1.7   Elect Director George Reyes               For       For        Management
1.8   Elect Director Daniel H. Schulman         For       For        Management
1.9   Elect Director John W. Thompson           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Ratify Auditors                           For       For        Management


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

TEXAS INSTRUMENTS INC.

Ticker:       TXN            Security ID:  882508104
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     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 Thomas J. Engibous        For       For        Management
1.5   Elect  Director Gerald W. Fronterhouse    For       For        Management
1.6   Elect  Director David R. Goode            For       For        Management
1.7   Elect  Director Wayne R. Sanders          For       For        Management
1.8   Elect  Director Ruth J. Simmons           For       For        Management
1.9   Elect  Director Richard K. Templeton      For       For        Management
1.10  Elect  Director Christine Todd Whitman    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder


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

TIME WARNER INC

Ticker:       TWX            Security ID:  887317105
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     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 Miles R. Gilburne         For       For        Management
1.7   Elect  Director Carla A. Hills            For       For        Management
1.8   Elect  Director Reuben Mark               For       For        Management
1.9   Elect  Director Michael A. Miles          For       For        Management
1.10  Elect  Director Kenneth J. Novack         For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director R. E. Turner              For       For        Management
1.13  Elect  Director Francis T. Vincent, Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt China Principles                    Against   Against    Shareholder
4     Report on Pay Disparity                   Against   Against    Shareholder


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

UNITED PARCEL SERVICE, INC.

Ticker:       UPS            Security ID:  911312106
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Calvin Darden             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 Robert M. Teeter          For       For        Management
1.9   Elect  Director John W. Thompson          For       For        Management
1.10  Elect  Director Carol B. Tome             For       For        Management
2     Ratify Auditors                           For       For        Management


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

UNITED TECHNOLOGIES CORP.

Ticker:       UTX            Security ID:  913017109
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Betsy J. Bernard          For       For        Management
1.2   Elect  Director George David              For       For        Management
1.3   Elect  Director Jean-Pierre Garnier       For       For        Management
1.4   Elect  Director Jamie S. Gorelick         For       For        Management
1.5   Elect  Director Charles R. Lee            For       For        Management
1.6   Elect  Director Richard D. McCormick      For       For        Management
1.7   Elect  Director Harold McGraw III         For       For        Management
1.8   Elect  Director Frank P. Popoff           For       For        Management
1.9   Elect  Director H. Patrick Swygert        For       For        Management
1.10  Elect  Director Andre Villeneuve          For       For        Management
1.11  Elect  Director H. A. Wagner              For       For        Management
1.12  Elect  Director Christine Todd Whitman    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Disclosure of Executive Compensation      Against   Against    Shareholder
4     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
5     Performance-Based/Indexed Options         Against   For        Shareholder
6     Separate Chairman and CEO Positions       Against   For        Shareholder


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

UNITEDHEALTH GROUP INCORPORATED

Ticker:       UNH            Security ID:  91324P102
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William C. Ballard, Jr.   For       For        Management
1.2   Elect  Director Richard T. Burke          For       For        Management
1.3   Elect  Director Stephen J. Hemsley        For       For        Management
1.4   Elect  Director Donna E. Shalala          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Limit Awards to Executives                Against   Against    Shareholder


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

VERISIGN INC

Ticker:       VRSN           Security ID:  92343E102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director D. James Bidzos           For       For        Management
1.2   Elect  Director William L. Chenevich      For       For        Management
1.3   Elect  Director Gregory L. Reyes          For       For        Management
2     Ratify Auditors                           For       For        Management


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

W. R. BERKLEY CORP.

Ticker:       BER            Security ID:  084423102
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Berkley, Jr.   For       For        Management
1.2   Elect  Director Ronald E. Blaylock        For       For        Management
1.3   Elect  Director Mark E. Brockbank         For       For        Management
1.4   Elect  Director Rodney A. Hawes, Jr.      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


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

WAL-MART STORES, INC.

Ticker:       WMT            Security ID:  931142103
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     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 Thomas M. Coughlin        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 Dawn G. Lepore            For       For        Management
1.7   Elect  Director John D. Opie              For       For        Management
1.8   Elect  Director J. Paul Reason            For       For        Management
1.9   Elect  Director H. Lee Scott, Jr.         For       For        Management
1.10  Elect  Director Jack C. Shewmaker         For       For        Management
1.11  Elect  Director Jose H. Villarreal        For       For        Management
1.12  Elect  Director John T. Walton            For       For        Management
1.13  Elect  Director S. Robson Walton          For       For        Management
1.14  Elect  Director Christopher J. Williams   For       For        Management
2     Approve Stock Option Plan                 For       For        Management
3     Approve Stock Option Plan                 For       For        Management
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management
6     Separate Chairman and CEO Positions       Against   For        Shareholder
7     Prepare Sustainability Report             Against   Against    Shareholder
8     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
9     Report on Genetically Modified Organisms  Against   Against    Shareholder
      (GMO)
10    Prepare Diversity Report                  Against   Against    Shareholder
11    Submit Executive Compensation to Vote     Against   For        Shareholder


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

WATSON PHARMACEUTICALS, INC.

Ticker:       WPI            Security ID:  942683103
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Allen Chao, Ph.D.         For       For        Management
1.2   Elect  Director Michel J. Feldman         For       For        Management
1.3   Elect  Director Fred G. Weiss             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Review Executive Compensation             Against   Against    Shareholder


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

WELLPOINT HEALTH NETWORKS INC.

Ticker:       WLP            Security ID:  94973H108
Meeting Date: JUN 28, 2004   Meeting Type: Special
Record Date:  MAY 10, 2004

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


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

WENDY'S INTERNATIONAL, INC.

Ticker:       WEN            Security ID:  950590109
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Janet Hill                For       For        Management
1.2   Elect  Director Paul D. House             For       For        Management
1.3   Elect  Director John R. Thompson          For       For        Management
1.4   Elect  Director J. Randolph Lewis         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


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

WYETH

Ticker:       WYE            Security ID:  983024100
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Clifford L. Alexander,    For       For        Management
      Jr.
1.2   Elect  Director Frank A. Bennack, Jr.     For       For        Management
1.3   Elect  Director Richard L. Carrion        For       For        Management
1.4   Elect  Director Robert Essner             For       For        Management
1.5   Elect  Director John D. Feerick           For       For        Management
1.6   Elect  Director Robert Langer             For       For        Management
1.7   Elect  Director John P. Mascotte          For       For        Management
1.8   Elect  Director Mary Lake Polan           For       For        Management
1.9   Elect  Director Ivan G. Seidenberg        For       For        Management
1.10  Elect  Director Walter V. Shipley         For       For        Management
1.11  Elect  Director John R. Torell III        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Drug Pricing                    Against   Against    Shareholder
4     Amend Animal Testing Policy               Against   Against    Shareholder


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

ZALE CORP.

Ticker:       ZLC            Security ID:  988858106
Meeting Date: NOV 6, 2003    Meeting Type: Annual
Record Date:  SEP 16, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert J. DiNicola         For       For        Management
1.2   Elect Director Mary L. Forte              For       For        Management
1.3   Elect Director J. Glen Adams              For       For        Management
1.4   Elect Director A. David Brown             For       For        Management
1.5   Elect Director Mary E. Burton             For       For        Management
1.6   Elect Director Peter P. Copses            For       For        Management
1.7   Elect Director Richard C. Marcus          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


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

ZIMMER HOLDINGS INC

Ticker:       ZMH            Security ID:  98956P102
Meeting Date: JUL 22, 2003   Meeting Type: Special
Record Date:  JUN 16, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition




================== BLACKROCK LARGE CAP VALUE EQUITY PORTFOLIO ==================

ITEM 1 PROXY VOTING RECORD

ACE LTD.

Ticker:       ACE            Security ID:  G0070K103
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Brian Duperreault         For       For        Management
1.2   Elect  Director Robert M. Hernandez       For       For        Management
1.3   Elect  Director Peter Menikoff            For       For        Management
1.4   Elect  Director Robert Ripp               For       For        Management
1.5   Elect  Director Dermot F. Smurfit         For       For        Management
2     PROPOSAL TO APPROVE THE ACE LIMITED 2004  For       For        Management
      LONG-TERM INCENTIVE PLAN.
3     PROPOSAL TO RATIFY THE APPOINTMENT OF     For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS THE
      INDEPENDENT ACCOUNTANTS OF ACE LIMITED
      FOR THE FISCAL YEAR ENDING DECEMBER 31,
      2004.


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

ALCOA INC.

Ticker:       AA             Security ID:  013817101
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alain J.P. Belda          For       For        Management
1.2   Elect  Director Carlos Ghosn              For       For        Management
1.3   Elect  Director Henry B. Schacht          For       For        Management
1.4   Elect  Director Franklin A. Thomas        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Report on Pay Disparity                   Against   Against    Shareholder
4     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


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

ALLSTATE CORP., THE

Ticker:       ALL            Security ID:  020002101
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     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     Amend Executive Incentive Bonus Plan      For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Provide for Cumulative Voting             Against   Against    Shareholder


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

ALLTEL CORP.

Ticker:       AT             Security ID:  020039103
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Scott T. Ford             For       For        Management
1.2   Elect  Director Lawrence L. Gellerstedt,  For       For        Management
      III
1.3   Elect  Director Emon A. Mahony, Jr.       For       For        Management
1.4   Elect  Director Ronald Townsend           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Ammend EEO - Sexual Orientation           Against   Against    Shareholder


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

ALTRIA GROUP, INC.

Ticker:       MO             Security ID:  02209S103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Elizabeth E. Bailey       For       For        Management
1.2   Elect  Director Mathis Cabiallavetta      For       For        Management
1.3   Elect  Director Louis C. Camilleri        For       For        Management
1.4   Elect  Director J. Dudley Fishburn        For       For        Management
1.5   Elect  Director Robert E. R. Huntley      For       For        Management
1.6   Elect  Director Thomas W. Jones           For       For        Management
1.7   Elect  Director Lucio A. Noto             For       For        Management
1.8   Elect  Director John S. Reed              For       For        Management
1.9   Elect  Director Carlos Slim Helu          For       For        Management
1.10  Elect  Director Stephen M. Wolf           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Product Warnings for Pregnant   Against   Against    Shareholder
      Women
4     Report on Health Risks Associated with    Against   Against    Shareholder
      Cigarette Filters
5     Political Contributions/Activities        Against   Against    Shareholder
6     Cease Use of Light and Ultra Light in     Against   Against    Shareholder
      Cigarette Marketing
7     Place Canadian Style Warnings on          Against   Against    Shareholder
      Cigarette Packaging
8     Separate Chairman and CEO Positions       Against   For        Shareholder


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

AMERICAN AXLE & MANUFACTURING HOLDINGS, INC.

Ticker:       AXL            Security ID:  024061103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director B. G. Mathis              For       For        Management
1.2   Elect  Director Thomas L. Martin          For       For        Management
1.3   Elect  Director Dr. Henry T. Yang         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


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

AMERICAN INTERNATIONAL GROUP, INC.

Ticker:       AIG            Security ID:  026874107
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director M. Bernard Aidinoff       For       For        Management
1.2   Elect  Director Pei-Yuan Chia             For       For        Management
1.3   Elect  Director Marshall A. Cohen         For       For        Management
1.4   Elect  Director Willaim S. Cohen          For       For        Management
1.5   Elect  Director Martin S. Feldstein       For       For        Management
1.6   Elect  Director Ellen V. Futter           For       For        Management
1.7   Elect  Director Maurice R. Greenberg      For       For        Management
1.8   Elect  Director Carla A. Hills            For       For        Management
1.9   Elect  Director Frank J. Hoenemeyer       For       For        Management
1.10  Elect  Director Richard C. Holbrooke      For       For        Management
1.11  Elect  Director Donald P. Kanak           For       For        Management
1.12  Elect  Director Howard I. Smith           For       For        Management
1.13  Elect  Director Martin J. Sullivan        For       For        Management
1.14  Elect  Director Edmund S.W. Tse           For       For        Management
1.15  Elect  Director Frank G. Zarb             For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Divest from Tobacco Equities              Against   Against    Shareholder
7     Link Executive Compensation to Predatory  Against   Against    Shareholder
      Lending


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

AMERICAN STANDARD COMPANIES, INC.

Ticker:       ASD            Security ID:  029712106
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven E. Anderson        For       For        Management
1.2   Elect  Director James F. Hardymon         For       For        Management
1.3   Elect  Director Ruth Ann Marshall         For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


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

ARCHER-DANIELS-MIDLAND COMPANY

Ticker:       ADM            Security ID:  039483102
Meeting Date: NOV 6, 2003    Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director G. Allen Andreas           For       Did Not    Management
                                                          Vote
1.2   Elect Director Mollie Hale Carter         For       Did Not    Management
                                                          Vote
1.3   Elect Director Roger S. Joslin            For       Did Not    Management
                                                          Vote
1.4   Elect Director D.J. Mimran                For       Did Not    Management
                                                          Vote
1.5   Elect Director Patrick J. Moore           For       Did Not    Management
                                                          Vote
1.6   Elect Director M. Brian Mulroney          For       Did Not    Management
                                                          Vote
1.7   Elect Director J. K. Vanier               For       Did Not    Management
                                                          Vote
1.8   Elect Director O. G. Webb                 For       Did Not    Management
                                                          Vote
1.9   Elect Director Kelvin R. Westbrook        For       Did Not    Management
                                                          Vote


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

BANK OF AMERICA CORP.

Ticker:       BAC            Security ID:  060505104
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 7, 2004

#     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 Donald E. Guinn           For       For        Management
1.8   Elect  Director James H. Hance, Jr.       For       For        Management
1.9   Elect  Director Kenneth D. Lewis          For       For        Management
1.10  Elect  Director Walter E. Massey          For       For        Management
1.11  Elect  Director Thomas J. May             For       For        Management
1.12  Elect  Director C. Steven McMillan        For       For        Management
1.13  Elect  Director Eugene M. McQuade         For       For        Management
1.14  Elect  Director Patricia E. Mitchell      For       For        Management
1.15  Elect  Director Edward L. Romero          For       For        Management
1.16  Elect  Director Thomas M. Ryan            For       For        Management
1.17  Elect  Director O. Temple Sloan, Jr.      For       For        Management
1.18  Elect  Director Meredith R. Spangler      For       For        Management
1.19  Elect  Director Jackie M. Ward            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Change Date of Annual Meeting             Against   Against    Shareholder
4     Adopt Nomination Procedures for the Board Against   Against    Shareholder
5     Charitable Contributions                  Against   Against    Shareholder
6     Establish Independent Committee to Review Against   Against    Shareholder
      Mutual Fund Policy
7     Adopt Standards Regarding Privacy and     Against   Against    Shareholder
      Information Security


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

BANK OF AMERICA CORP.

Ticker:       BAC            Security ID:  060505104
Meeting Date: MAR 17, 2004   Meeting Type: Special
Record Date:  JAN 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Adjourn Meeting                           For       For        Management


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

BANK ONE CORP.

Ticker:       ONE            Security ID:  06423A103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director John H. Bryan             For       For        Management
2.2   Elect  Director Stephen B. Burke          For       For        Management
2.3   Elect  Director James S. Crown            For       For        Management
2.4   Elect  Director James Dimon               For       For        Management
2.5   Elect  Director Maureen A. Fay            For       For        Management
2.6   Elect  Director Laban P. Jackson, Jr.     For       For        Management
2.7   Elect  Director John W. Kessler           For       For        Management
2.8   Elect  Director Robert I. Lipp            For       For        Management
2.9   Elect  Director Richard A. Manoogian      For       For        Management
2.10  Elect  Director David C. Novak            For       For        Management
2.11  Elect  Director John W. Rogers, Jr.       For       For        Management
2.12  Elect  Director Frederick P. Stratton,    For       For        Management
      Jr.
3     Ratify Auditors                           For       For        Management


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

BELLSOUTH CORP.

Ticker:       BLS            Security ID:  079860102
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James H. Blanchard        For       For        Management
1.2   Elect  Director Armando M. Codina         For       For        Management
1.3   Elect  Director Leo F. Mullin             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Limit Executive Compensation              Against   Against    Shareholder
6     Limit Executive Compensation              Against   Against    Shareholder
7     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


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

BLACK & DECKER CORP., THE

Ticker:       BDK            Security ID:  091797100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     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
2     Ratify Auditors                           For       For        Management
3     Approve Restricted Stock Plan             For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder


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

BORDERS GROUP, INC.

Ticker:       BGP            Security ID:  099709107
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joel J. Cohen             For       For        Management
1.2   Elect  Director Robert F. Diromualdo      For       For        Management
1.3   Elect  Director Gregory P. Josefowicz     For       For        Management
1.4   Elect  Director Amy B. Lane               For       For        Management
1.5   Elect  Director Victor L. Lund            For       For        Management
1.6   Elect  Director Dr. Edna Greene Medford   For       For        Management
1.7   Elect  Director George R. Mrkonic         For       For        Management
1.8   Elect  Director Lawrence I. Pollock       For       For        Management
1.9   Elect  Director Beth M. Pritchard         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


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

BURLINGTON NORTHERN SANTA FE CORP.

Ticker:       BNI            Security ID:  12189T104
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan L. Boeckmann         For       For        Management
1.2   Elect  Director Vilma S. Martinez         For       For        Management
1.3   Elect  Director Marc F. Racicot           For       For        Management
1.4   Elect  Director Roy S. Roberts            For       For        Management
1.5   Elect  Director Matthew K. Rose           For       For        Management
1.6   Elect  Director Marc J. Shapiro           For       For        Management
1.7   Elect  Director J.C. Watts, Jr.           For       For        Management
1.8   Elect  Director Robert H. West            For       For        Management
1.9   Elect  Director J. Steven Whisler         For       For        Management
1.10  Elect  Director Edward E. Whitacre, Jr.   For       For        Management
1.11  Elect  Director Michael B. Yanney         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

CAESAR'S ENTERTAINMENT

Ticker:       CZR            Security ID:  700690100
Meeting Date: SEP 10, 2003   Meeting Type: Special
Record Date:  JUL 24, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name                       For       For        Management


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

CAESAR'S ENTERTAINMENT

Ticker:       CZR            Security ID:  127687101
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. Steven Crown           For       For        Management
1.2   Elect  Director Gilbert L. Shelton        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

CAPITAL ONE FINANCIAL CORP.

Ticker:       COF            Security ID:  14040H105
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  FEB 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Ronald Dietz           For       For        Management
1.2   Elect  Director Lewis Hay, III            For       For        Management
1.3   Elect  Director Mayo A. Shattuck, III     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


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

CENDANT CORPORATION

Ticker:       CD             Security ID:  151313103
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director The Right Honourable      For       For        Management
      Brian Mulroney
1.2   Elect  Director Ronald L. Nelson          For       For        Management
1.3   Elect  Director Robert W. Pittman         For       For        Management
1.4   Elect  Director Myra J. Biblowit          For       For        Management
1.5   Elect  Director Sheli Z. Rosenberg        For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Separate Chairman and CEO Positions       Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder


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

CENTEX CORP.

Ticker:       CTX            Security ID:  152312104
Meeting Date: FEB 25, 2004   Meeting Type: Special
Record Date:  JAN 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management
2     Approve Merger Agreement                  For       For        Management
3     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

CENTEX CORP.

Ticker:       CTX            Security ID:  152312104
Meeting Date: JUL 17, 2003   Meeting Type: Annual
Record Date:  MAY 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dan W. Cook III            For       For        Management
1.2   Elect Director Thomas J. Falk             For       For        Management
1.3   Elect Director Laurence E. Hirsch         For       For        Management
1.4   Elect Director Thomas M. Schoewe          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CHEVRONTEXACO CORP.

Ticker:       CVX            Security ID:  166764100
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     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 J. Bennett Johnston       For       For        Management
1.8   Elect  Director Sam Nunn                  For       For        Management
1.9   Elect  Director David J. O'Reilly         For       For        Management
1.10  Elect  Director Peter J. Robertson        For       For        Management
1.11  Elect  Director Charles R. Shoemate       For       For        Management
1.12  Elect  Director Carl Ware                 For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt Shareholder Rights Plan (Poison     For       For        Management
      Pill) Policy
4     Amend Omnibus Stock Plan                  For       For        Management
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Require Affirmative Vote of a Majority of Against   Against    Shareholder
      the Shares to Elect Directors
8     Report on Health and Environmental        Against   Against    Shareholder
      Initiatives in Ecuador
9     Report on Renewable Energy                Against   Against    Shareholder


--------------------------------------------------------------------------------

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Michael Armstrong      For       For        Management
1.2   Elect  Director Alain J.P. Belda          For       For        Management
1.3   Elect  Director George David              For       For        Management
1.4   Elect  Director Kenneth T. Derr           For       For        Management
1.5   Elect  Director John M. Deutch            For       For        Management
1.6   Elect  Director Roberto Hernandez Ramirez For       For        Management
1.7   Elect  Director Ann Dibble Jordan         For       For        Management
1.8   Elect  Director Dudley C. Mecum           For       For        Management
1.9   Elect  Director Richard D. Parsons        For       For        Management
1.10  Elect  Director Andrall E. Pearson        For       For        Management
1.11  Elect  Director Charles Prince            For       For        Management
1.12  Elect  Director Robert E. Rubin           For       For        Management
1.13  Elect  Director Franklin A. Thomas        For       For        Management
1.14  Elect  Director Sanford I. Weill          For       For        Management
1.15  Elect  Director Robert B. Willumstad      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Separate Chairman and CEO Positions       Against   Against    Shareholder


--------------------------------------------------------------------------------

COCA-COLA ENTERPRISES INC.

Ticker:       CCE            Security ID:  191219104
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John R. Alm               For       For        Management
1.2   Elect  Director J. Trevor Eyton           For       For        Management
1.3   Elect  Director Gary P. Fayard            For       For        Management
1.4   Elect  Director L. Phillip Humann         For       For        Management
1.5   Elect  Director Paula G. Rosput           For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Deferred Compensation Plan          For       For        Management
5     Approve Employee Stock Purchase Plan      For       For        Management
6     Approve Employee Stock Purchase Plan      For       For        Management
7     Ratify Auditors                           For       For        Management
8     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
9     Report on Recycling Policy                Against   Against    Shareholder


--------------------------------------------------------------------------------

COMCAST CORP.

Ticker:       CMCSA          Security ID:  20030N101
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director S. Decker Anstrom         For       For        Management
1.2   Elect  Director C. Michael Armstrong      For       For        Management
1.3   Elect  Director Kenneth J. Bacon          For       For        Management
1.4   Elect  Director Sheldon M. Bonovitz       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 J. Michael Cook           For       For        Management
1.8   Elect  Director Brian L. Roberts          For       For        Management
1.9   Elect  Director Ralph J. Roberts          For       For        Management
1.10  Elect  Director Dr. Judith Rodin          For       For        Management
1.11  Elect  Director Michael I. Sovern         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Restricted Stock Plan               For       For        Management
4     Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
5     Require Two-Thirds Majority of            Against   For        Shareholder
      Independent Directors on Board
6     Political Contributions/Activities        Against   Against    Shareholder
7     Nominate Two Directors for every open     Against   Against    Shareholder
      Directorships
8     Limit Executive Compensation              Against   Against    Shareholder
9     Adopt a Recapitalization Plan             Against   For        Shareholder


--------------------------------------------------------------------------------

CONOCOPHILLIPS

Ticker:       COP            Security ID:  20825C104
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Boren            For       For        Management
1.2   Elect  Director James E. Copeland, Jr.    For       For        Management
1.3   Elect  Director Kenneth M. Duberstein     For       For        Management
1.4   Elect  Director Ruth R. Harkin            For       For        Management
1.5   Elect  Director William R. Rhodes         For       For        Management
1.6   Elect  Director J. Stapleton Roy          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder
6     Report on Drilling in the Arctic National Against   Against    Shareholder
      Wildlife Refuge


--------------------------------------------------------------------------------

CONSTELLATION BRANDS, INC.

Ticker:       STZ.B          Security ID:  21036P108
Meeting Date: JUL 15, 2003   Meeting Type: Annual
Record Date:  MAY 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas C. McDermott as     For       For        Management
      Class A Stock Director
1.2   Elect Director Paul L. Smith as Class A   For       For        Management
      Stock Director
1.3   Elect Director George Bresler as Class B  For       For        Management
      Stock Director
1.4   Elect Director Jeananne K. Hauswald as    For       For        Management
      Class B Stock Director
1.5   Elect Director James A. Locke III as      For       For        Management
      Class B Stock Director
1.6   Elect Director Richard Sands, Ph.D. as    For       For        Management
      Class B Stock Director
1.7   Elect Director Robert Sands as Class B    For       For        Management
      Stock Director
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CONSTELLATION ENERGY GROUP, INC.

Ticker:       CEG            Security ID:  210371100
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James T. Brady            For       For        Management
1.2   Elect  Director James R. Curtiss          For       For        Management
1.3   Elect  Director Edward J. Kelly, III      For       For        Management
1.4   Elect  Director Robert J. Lawless         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COOPER INDUSTRIES LTD

Ticker:       CBE            Security ID:  G24182100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director S.G. Butler               For       For        Management
1.2   Elect  Director D.F. Smith                For       For        Management
1.3   Elect  Director G.B. Smith                For       For        Management
2     Ratify Auditors                           For       For        Management
3     APPROVE THE AMENDED AND RESTATED STOCK    For       For        Management
      INCENTIVE PLAN.
4     SHAREHOLDER PROPOSAL RELATING TO SOCIAL   Against   Against    Shareholder
      AND ENVIRONMENTAL ISSUES RELATED TO
      SUSTAINABILITY.
5     SHAREHOLDER PROPOSAL RELATING TO          Against   Against    Shareholder
      EXECUTIVE EQUITY COMPENSATION PLANS.


--------------------------------------------------------------------------------

COUNTRYWIDE FINANCIAL CORP.

Ticker:       CFC            Security ID:  222372104
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Henry G. Cisneros         For       For        Management
1.2   Elect  Director Robert J. Donato          For       For        Management
1.3   Elect  Director Michael E. Dougherty      For       For        Management
1.4   Elect  Director Martin R. Melone          For       For        Management
1.5   Elect  Director Harley W. Snyder          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

COUNTRYWIDE FINANCIAL CORP.

Ticker:       CFC            Security ID:  222372104
Meeting Date: JAN 9, 2004    Meeting Type: Special
Record Date:  NOV 28, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

COVENTRY HEALTH CARE INC.

Ticker:       CVH            Security ID:  222862104
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director L. Dale Crandall          For       For        Management
1.2   Elect  Director Robert W. Morey           For       For        Management
1.3   Elect  Director Elizabeth E. Tallett      For       For        Management
1.4   Elect  Director Allen F. Wise             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CYTEC INDUSTRIES INC.

Ticker:       CYT            Security ID:  232820100
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Chris A. Davis            For       For        Management
1.2   Elect  Director William P. Powell         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DEERE & CO.

Ticker:       DE             Security ID:  244199105
Meeting Date: FEB 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert W. Lane            For       For        Management
1.2   Elect  Director Antonio Madero B.         For       For        Management
1.3   Elect  Director Aulana L. Peters          For       For        Management
1.4   Elect  Director John R. Walter            For       For        Management


--------------------------------------------------------------------------------

EATON CORP.

Ticker:       ETN            Security ID:  278058102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Critelli       For       For        Management
1.2   Elect  Director Ernie Green               For       For        Management
1.3   Elect  Director Kiran M. Patel            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ENERGIZER HOLDINGS, INC.

Ticker:       ENR            Security ID:  29266R108
Meeting Date: JAN 26, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John R. Roberts            For       For        Management
1.2   Elect Director John E. Klein              For       For        Management
1.3   Elect Director R. David Hoover            For       For        Management
1.4   Elect Director W. Patrick McGinnis        For       For        Management


--------------------------------------------------------------------------------

ENTERGY CORP.

Ticker:       ETR            Security ID:  29364G103
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Maureen Scannell Bateman  For       For        Management
1.2   Elect  Director W. Frank Blount           For       For        Management
1.3   Elect  Director Simon D. deBree           For       For        Management
1.4   Elect  Director Claiborne P. Deming       For       For        Management
1.5   Elect  Director Alexis M. Herman          For       For        Management
1.6   Elect  Director Donald C. Hintz           For       For        Management
1.7   Elect  Director J. Wayne Leonard          For       For        Management
1.8   Elect  Director Robert v.d. Luft          For       For        Management
1.9   Elect  Director Kathleen A. Murphy        For       For        Management
1.10  Elect  Director Paul W. Murrill           For       For        Management
1.11  Elect  Director James R. Nichols          For       For        Management
1.12  Elect  Director William A. Percy, II      For       For        Management
1.13  Elect  Director Dennis H. Reilley         For       For        Management
1.14  Elect  Director Wm. Clifford Smith        For       For        Management
1.15  Elect  Director Bismark A. Steinhagen     For       For        Management
1.16  Elect  Director Steven V. Wilkinson       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
4     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
5     Prohibit Awards to Executives             Against   Against    Shareholder


--------------------------------------------------------------------------------

EXELON CORP.

Ticker:       EXC            Security ID:  30161N101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nicholas DeBenedictis     For       For        Management
1.2   Elect  Director G. Fred Dibona, Jr.       For       For        Management
1.3   Elect  Director Sue L. Gin                For       For        Management
1.4   Elect  Director Edgar D. Jannotta         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

EXXON MOBIL CORP.

Ticker:       XOM            Security ID:  30231G102
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Boskin         For       For        Management
1.2   Elect  Director James R. Houghton         For       For        Management
1.3   Elect  Director William R. Howell         For       For        Management
1.4   Elect  Director Reatha Clark King         For       For        Management
1.5   Elect  Director Philip E. Lippincott      For       For        Management
1.6   Elect  Director Harry J. Longwell         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     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
4     Affirm Political Nonpartisanship          Against   Against    Shareholder
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Report on Equatorial Guinea               Against   Against    Shareholder
7     Separate Chairman and CEO Positions       Against   For        Shareholder
8     Prohibit Awards to Executives             Against   Against    Shareholder
9     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
10    Amend EEO Statement to Include Reference  Against   Against    Shareholder
      to Sexual Orientation
11    Report on Climate Change Research         Against   Against    Shareholder


--------------------------------------------------------------------------------

FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC.

Ticker:       FCS            Security ID:  303726103
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kirk P. Pond              For       For        Management
1.2   Elect  Director Joseph R. Martin          For       For        Management
1.3   Elect  Director Charles P. Carinalli      For       For        Management
1.4   Elect  Director Richard M. Cashin, Jr.    For       For        Management
1.5   Elect  Director Charles M. Clough         For       For        Management
1.6   Elect  Director Robert F. Friel           For       For        Management
1.7   Elect  Director Thomas L. Magnanti        For       For        Management
1.8   Elect  Director Bryan R. Roub             For       For        Management
1.9   Elect  Director Paul C. Schorr IV         For       For        Management
1.10  Elect  Director Ronald W. Shelly          For       For        Management
1.11  Elect  Director William N. Stout          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FEDERATED DEPARTMENT STORES, INC.

Ticker:       FD             Security ID:  31410H101
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sara Levinson             For       For        Management
1.2   Elect  Director Joseph Neubauer           For       For        Management
1.3   Elect  Director Joseph A. Pichler         For       For        Management
1.4   Elect  Director Karl M. von der Heyden    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

FEDEX CORPORATION

Ticker:       FDX            Security ID:  31428X106
Meeting Date: SEP 29, 2003   Meeting Type: Annual
Record Date:  AUG 4, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director August A. Busch IV         For       For        Management
1.2   Elect Director John A. Edwardson          For       For        Management
1.3   Elect Director George J. Mitchell         For       For        Management
1.4   Elect Director Joshua I. Smith            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

FIDELITY NATIONAL FINANCIAL, INC.

Ticker:       FNF            Security ID:  316326107
Meeting Date: SEP 29, 2003   Meeting Type: Annual
Record Date:  AUG 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management
2.1   Elect Director Terry N. Christensen       For       For        Management
2.2   Elect Director John F. Farrell, Jr.       For       For        Management
2.3   Elect Director Philip G. Heasley          For       For        Management
2.4   Elect Director Daniel D. (Ron) Lane       For       For        Management
2.5   Elect Director J. Thomas Talbot           For       For        Management


--------------------------------------------------------------------------------

FIRST HORIZON NATIONAL CORP

Ticker:       FHN            Security ID:  337162101
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert C. Blattberg       For       For        Management
1.2   Elect  Director J. Kenneth Glass          For       For        Management
1.3   Elect  Director Michael D. Rose           For       For        Management
1.4   Elect  Director Luke Yancy III            For       For        Management
1.5   Elect  Director Mary F. Sammons           For       For        Management
2     Change Company Name                       For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FLEETBOSTON FINANCIAL CORP.

Ticker:       FLT            Security ID:  339030108
Meeting Date: MAR 17, 2004   Meeting Type: Special
Record Date:  JAN 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


--------------------------------------------------------------------------------

FORTUNE BRANDS, INC.

Ticker:       FO             Security ID:  349631101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anne M. Tatlock           For       For        Management
1.2   Elect  Director Norman H. Wesley          For       For        Management
1.3   Elect  Director Peter M. Wilson           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

FOX ENTERTAINMENT GROUP, INC.

Ticker:       FOX            Security ID:  35138T107
Meeting Date: NOV 25, 2003   Meeting Type: Annual
Record Date:  SEP 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director K. Rupert Murdoch, AC      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 Thomas W. Jones            For       For        Management
1.8   Elect Director Peter Powers               For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FREDDIE MAC

Ticker:       FRE            Security ID:  313400301
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joan E. Donoghue          For       For        Management
1.2   Elect  Director Michelle Engler           For       For        Management
1.3   Elect  Director Richard Karl Goeltz       For       For        Management
1.4   Elect  Director George D. Gould           For       For        Management
1.5   Elect  Director Henry Kaufman             For       For        Management
1.6   Elect  Director John B. Mccoy             For       For        Management
1.7   Elect  Director Shaun F. O'Malley         For       For        Management
1.8   Elect  Director Ronald F. Poe             For       For        Management
1.9   Elect  Director Stephen A. Ross           For       For        Management
1.10  Elect  Director Donald J. Schuenke        For       For        Management
1.11  Elect  Director Christina Seix            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


--------------------------------------------------------------------------------

GENERAL GROWTH PROPERTIES, INC.

Ticker:       GGP            Security ID:  370021107
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John Bucksbaum            For       For        Management
1.2   Elect  Director Alan Cohen                For       For        Management
1.3   Elect  Director Anthony Downs             For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GENERAL GROWTH PROPERTIES, INC.

Ticker:       GGP            Security ID:  370021107
Meeting Date: NOV 20, 2003   Meeting Type: Special
Record Date:  OCT 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Common Stock and a    For       For        Management
      Stock Split


--------------------------------------------------------------------------------

GENERAL MOTORS CORP.

Ticker:       GM             Security ID:  370442105
Meeting Date: OCT 3, 2003    Meeting Type: Written Consent
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles                            For       For        Management
2     Amend Articles                            For       For        Management
3     Approve Hughes Split-Off                  For       For        Management
4     Approve GM/News Stock Sale                For       For        Management
5     Approve News Stock Acquisition            For       For        Management
6     Amend Articles                            For       For        Management


--------------------------------------------------------------------------------

GENERAL MOTORS CORP.

Ticker:       GM             Security ID:  370442105
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Percy N. Barnevik         For       For        Management
1.2   Elect  Director John H. Bryan             For       For        Management
1.3   Elect  Director Armando M. Codina         For       For        Management
1.4   Elect  Director George M.C. Fisher        For       For        Management
1.5   Elect  Director Karen Katen               For       For        Management
1.6   Elect  Director Kent Kresa                For       For        Management
1.7   Elect  Director Alan G. Lafley            For       For        Management
1.8   Elect  Director Philip A. Laskawy         For       For        Management
1.9   Elect  Director E.Stanley O'Neal          For       For        Management
1.10  Elect  Director Eckhard Pfeiffer          For       For        Management
1.11  Elect  Director G.Richard Wagoner, Jr.    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prohibit Awards to Executives             Against   Against    Shareholder
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Limit Composition of Committees to        Against   For        Shareholder
      Independent Directors
7     Report on Greenhouse Gas Emissions        Against   Against    Shareholder
8     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
9     Establish Executive and Director Stock    Against   Against    Shareholder
      Ownership Guidelines


--------------------------------------------------------------------------------

GEORGIA-PACIFIC CORP.

Ticker:       GP             Security ID:  373298108
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Barbara L. Bowles         For       For        Management
1.2   Elect  Director Donald V. Fites           For       For        Management
1.3   Elect  Director David R. Goode            For       For        Management
1.4   Elect  Director Karen N. Horn             For       For        Management
1.5   Elect  Director William R. Johnson        For       For        Management
1.6   Elect  Director James B. Williams         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


--------------------------------------------------------------------------------

GOLDMAN SACHS GROUP, INC., THE

Ticker:       GS             Security ID:  38141G104
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lloyd C. Blankfein        For       For        Management
1.2   Elect  Director Lord Browne Of Madingley  For       For        Management
1.3   Elect  Director Claes Dahlback            For       For        Management
1.4   Elect  Director James A. Johnson          For       For        Management
1.5   Elect  Director Lois D. Juliber           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

GREENPOINT FINANCIAL CORP.

Ticker:       GPT            Security ID:  395384100
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bharat B. Bhatt           For       For        Management
1.2   Elect  Director J. Thomas Presby          For       For        Management
1.3   Elect  Director Robert F. Vizza           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HEWLETT-PACKARD CO.

Ticker:       HPQ            Security ID:  428236103
Meeting Date: MAR 17, 2004   Meeting Type: Annual
Record Date:  JAN 20, 2004

#     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 C.S. Fiorina              For       For        Management
1.4   Elect  Director R.A. Hackborn             For       For        Management
1.5   Elect  Director G.A. Keyworth II          For       For        Management
1.6   Elect  Director R.E. Knowling, Jr.        For       For        Management
1.7   Elect  Director S.M. Litvack              For       For        Management
1.8   Elect  Director R.L. Ryan                 For       For        Management
1.9   Elect  Director L.S. Salhany              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder


--------------------------------------------------------------------------------

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Carlos Ghosn              For       For        Management
1.4   Elect  Director Nannerl O. Keohane        For       For        Management
1.5   Elect  Director Charles F. Knight         For       For        Management
1.6   Elect  Director Lucio A. Noto             For       For        Management
1.7   Elect  Director Samuel J. Palmisano       For       For        Management
1.8   Elect  Director John B. Slaughter         For       For        Management
1.9   Elect  Director Joan E. Spero             For       For        Management
1.10  Elect  Director Sidney Taurel             For       For        Management
1.11  Elect  Director Charles M. Vest           For       For        Management
1.12  Elect  Director Lorenzo H. Zambrano       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Ratify Auditors for the Company's         For       For        Management
      Business Consulting Services Unit
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Provide for Cumulative Voting             Against   Against    Shareholder
6     Amend Pension and Retirement Medical      Against   Against    Shareholder
      Insurance Plans
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Expense Stock Options                     Against   For        Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    China Principles                          Against   Against    Shareholder
11    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
12    Report on Executive Compensation          Against   Against    Shareholder


--------------------------------------------------------------------------------

J. B. HUNT TRANSPORT SERVICES, INC.

Ticker:       JBHT           Security ID:  445658107
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John A. Cooper, Jr.       For       For        Management
1.2   Elect  Director Wayne Garrison            For       For        Management
1.3   Elect  Director Bryan Hunt                For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

JABIL CIRCUIT, INC.

Ticker:       JBL            Security ID:  466313103
Meeting Date: JAN 13, 2004   Meeting Type: Annual
Record Date:  NOV 14, 2003

#     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     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

JOHN HANCOCK FINANCIAL SERVICES, INC.

Ticker:       JHF            Security ID:  41014S106
Meeting Date: FEB 24, 2004   Meeting Type: Special
Record Date:  JAN 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

JPMORGAN CHASE & CO.

Ticker:       JPM            Security ID:  46625H100
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director Hans W. Becherer          For       For        Management
2.2   Elect  Director Frank A. Bennack, Jr.     For       For        Management
2.3   Elect  Director John H. Biggs             For       For        Management
2.4   Elect  Director Lawrence A. Bossidy       For       For        Management
2.5   Elect  Director Ellen V. Futter           For       For        Management
2.6   Elect  Director William H. Gray, III      For       For        Management
2.7   Elect  Director William B. Harrison, Jr   For       For        Management
2.8   Elect  Director Helene L. Kaplan          For       For        Management
2.9   Elect  Director Lee R. Raymond            For       For        Management
2.10  Elect  Director John R. Stafford          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Adjourn Meeting                           For       For        Management
6     Establish Term Limits for Directors       Against   Against    Shareholder
7     Charitable Contributions                  Against   Against    Shareholder
8     Political Contributions                   Against   Against    Shareholder
9     Separate Chairman and CEO Positions       Against   For        Shareholder
10    Provide Adequate Disclosure for over the  Against   Against    Shareholder
      counter Derivatives
11    Auditor Independence                      Against   Against    Shareholder
12    Submit Non-Employee Director Compensation Against   Against    Shareholder
      to Vote
13    Report on Pay Disparity                   Against   Against    Shareholder


--------------------------------------------------------------------------------

KIMBERLY-CLARK CORP.

Ticker:       KMB            Security ID:  494368103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pastora San Juan Cafferty For       For        Management
1.2   Elect  Director Claudio X. Gonzalez       For       For        Management
1.3   Elect  Director Linda Johnson Rice        For       For        Management
1.4   Elect  Director Marc J. Shapiro           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

L-3 COMMUNICATIONS HOLDINGS, INC.

Ticker:       LLL            Security ID:  502424104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Claude R. Canizares       For       For        Management
1.2   Elect  Director Thomas A. Corcoran        For       For        Management
1.3   Elect  Director Alan H. Washkowitz        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

LEHMAN BROTHERS HOLDINGS INC.

Ticker:       LEH            Security ID:  524908100
Meeting Date: APR 2, 2004    Meeting Type: Annual
Record Date:  FEB 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Roger S. Berlind          For       For        Management
1.2   Elect  Director Marsha Johnson Evans      For       For        Management
1.3   Elect  Director Sir Christopher Gent      For       For        Management
1.4   Elect  Director Dina Merrill              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LEXMARK INTERNATIONAL, INC.

Ticker:       LXK            Security ID:  529771107
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank T. Cary             For       For        Management
1.2   Elect  Director Paul J. Curlander         For       For        Management
1.3   Elect  Director Martin D. Walker          For       For        Management
1.4   Elect  Director James F. Hardymon         For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LOUISIANA-PACIFIC CORP

Ticker:       LPX            Security ID:  546347105
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dustan E. McCoy           For       For        Management
1.2   Elect  Director Lee C. Simpson            For       For        Management
1.3   Elect  Director Colin D. Watson           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Amend Executive Incentive Bonus Plan      For       For        Management
6     Ratify Auditors                           For       For        Management
7     Separate Chairman and CEO Positions       Against   For        Shareholder
8     Report on Greenhouse Gas Emissions        Against   Against    Shareholder


--------------------------------------------------------------------------------

MARATHON OIL CORP

Ticker:       MRO            Security ID:  565849106
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles F. Bolden, Jr.    For       For        Management
1.2   Elect  Director Charles R. Lee            For       For        Management
1.3   Elect  Director Dennis H. Reilley         For       For        Management
1.4   Elect  Director Thomas J. Usher           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Greenhouse Gas Emissions        Against   Against    Shareholder
4     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

MBNA CORP.

Ticker:       KRB            Security ID:  55262L100
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  FEB 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James H. Berick           For       For        Management
1.2   Elect  Director Benjamin R. Civiletti     For       For        Management
1.3   Elect  Director Bruce L. Hammonds         For       For        Management
1.4   Elect  Director William L. Jews           For       For        Management
1.5   Elect  Director Randolph D. Lerner        For       For        Management
1.6   Elect  Director Stuart L. Markowitz       For       For        Management
1.7   Elect  Director William B. Milstead       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Require Majority of Independent Directors Against   For        Shareholder
      on Board


--------------------------------------------------------------------------------

MCDONALD'S CORP.

Ticker:       MCD            Security ID:  580135101
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward A. Brennan         For       For        Management
1.2   Elect  Director Walter E. Massey          For       For        Management
1.3   Elect  Director John W. Rogers, Jr.       For       For        Management
1.4   Elect  Director Anne-Marie Slaughter      For       For        Management
1.5   Elect  Director Roger W. Stone            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan


--------------------------------------------------------------------------------

MCGRAW-HILL COMPANIES, INC., THE

Ticker:       MHP            Security ID:  580645109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pedro Aspe                For       For        Management
1.2   Elect  Director Robert P. McGraw          For       For        Management
1.3   Elect  Director Hilda Ochoa-Brillembourg  For       For        Management
1.4   Elect  Director Edward B. Rust, Jr.       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

MCKESSON CORP.

Ticker:       MCK            Security ID:  58155Q103
Meeting Date: JUL 30, 2003   Meeting Type: Annual
Record Date:  JUN 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alton F. Irby III          For       For        Management
1.2   Elect Director James V. Napier            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

MERCK & CO., INC.

Ticker:       MRK            Security ID:  589331107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter C. Wendell          For       For        Management
1.2   Elect  Director William G. Bowen          For       For        Management
1.3   Elect  Director William M. Daley          For       For        Management
1.4   Elect  Director Thomas E. Shenk           For       For        Management
1.5   Elect  Director Wendell P. Weeks          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Develop Ethical Criteria for Patent       Against   Against    Shareholder
      Extension
6     Link Executive Compensation to Social     Against   Against    Shareholder
      Issues
7     Report on Political Contributions         Against   Against    Shareholder
8     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


--------------------------------------------------------------------------------

MERRILL LYNCH & CO., INC.

Ticker:       MER            Security ID:  590188108
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David K. Newbigging       For       For        Management
1.2   Elect  Director Joseph W. Prueher         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

METLIFE, INC

Ticker:       MET            Security ID:  59156R108
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Curtis H. Barnette        For       For        Management
1.2   Elect  Director John C. Danforth          For       For        Management
1.3   Elect  Director Burton A. Dole, Jr.       For       For        Management
1.4   Elect  Director Harry P. Kamen            For       For        Management
1.5   Elect  Director Charles M. Leighton       For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
5     Ratify Auditors                           For       For        Management
6     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

NATIONAL CITY CORP.

Ticker:       NCC            Security ID:  635405103
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John E. Barfield          For       For        Management
1.2   Elect  Director James S. Broadhurst       For       For        Management
1.3   Elect  Director John W. Brown             For       For        Management
1.4   Elect  Director Christopher M. Connor     For       For        Management
1.5   Elect  Director David A. Daberko          For       For        Management
1.6   Elect  Director Joseph T. Gorman          For       For        Management
1.7   Elect  Director Bernadine P. Healy        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     Approve Omnibus Stock Plan                For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NISOURCE INC.

Ticker:       NI             Security ID:  65473P105
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven C. Beering         For       For        Management
1.2   Elect  Director Dennis E. Foster          For       For        Management
1.3   Elect  Director Richard L. Thompson       For       For        Management
1.4   Elect  Director Carolyn Y. Woo            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NORDSTROM, INC.

Ticker:       JWN            Security ID:  655664100
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director D. Wayne Gittinger        For       For        Management
1.2   Elect  Director Enrique Hernandez, Jr.    For       For        Management
1.3   Elect  Director Jeanne P. Jackson         For       For        Management
1.4   Elect  Director Bruce A. Nordstrom        For       For        Management
1.5   Elect  Director John N. Nordstrom         For       For        Management
1.6   Elect  Director Alfred E. Osborne, Jr.,   For       For        Management
      Ph.D.
1.7   Elect  Director William D. Ruckelshaus    For       For        Management
1.8   Elect  Director Alison A. Winter          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


--------------------------------------------------------------------------------

NORTHROP GRUMMAN CORP.

Ticker:       NOC            Security ID:  666807102
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lewis W. Coleman          For       For        Management
1.2   Elect  Director J. Michael Cook           For       For        Management
1.3   Elect  Director Philip A. Odeen           For       For        Management
1.4   Elect  Director Aulana L. Peters          For       For        Management
1.5   Elect  Director Kevin W. Sharer           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

OCCIDENTAL PETROLEUM CORP.

Ticker:       OXY            Security ID:  674599105
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald W. Burkle          For       For        Management
1.2   Elect  Director John S. Chalsty           For       For        Management
1.3   Elect  Director Edward P. Djerejian       For       For        Management
1.4   Elect  Director R. Chad Dreier            For       For        Management
1.5   Elect  Director John E. Feick             For       For        Management
1.6   Elect  Director Ray R. Irani              For       For        Management
1.7   Elect  Director Dale R. Laurance          For       For        Management
1.8   Elect  Director Irvin 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     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan
4     Prohibit Awards to Executives             Against   Against    Shareholder


--------------------------------------------------------------------------------

PIPER JAFFRAY COS

Ticker:       PJC            Security ID:  724078100
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Andrew S. Duff            For       Did Not    Management
                                                          Vote
1.2   Elect  Director Samuel L. Kaplan          For       Did Not    Management
                                                          Vote
1.3   Elect  Director Frank L. Sims             For       Did Not    Management
                                                          Vote
2     Approve Omnibus Stock Plan                For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

PPL CORP.

Ticker:       PPL            Security ID:  69351T106
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Hecht          For       For        Management
1.2   Elect  Director Stuart Heydt              For       For        Management
1.3   Elect  Director W. Keith Smith            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PROCTER & GAMBLE COMPANY, THE

Ticker:       PG             Security ID:  742718109
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Norman R. Augustine        For       For        Management
1.2   Elect Director A.G. Lafley                For       For        Management
1.3   Elect Director Johnathan A. Rodgers       For       For        Management
1.4   Elect Director John F. Smith, Jr.         For       For        Management
1.5   Elect Director Margaret C. Whitman        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Declassify the Board of Directors         Against   Against    Shareholder
5     Label Genetically Engineered Foods        Against   Against    Shareholder


--------------------------------------------------------------------------------

PRUDENTIAL FINANCIAL INC

Ticker:       PRU            Security ID:  744320102
Meeting Date: JUN 8, 2004    Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arthur F. Ryan            For       For        Management
1.2   Elect  Director Gaston Caperton           For       For        Management
1.3   Elect  Director Gilbert F. Casellas       For       For        Management
1.4   Elect  Director Karl J. Krapek            For       For        Management
1.5   Elect  Director Ida F.S. Schmertz         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Cease Charitable Contributions            Against   Against    Shareholder
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

ROUSE CO., THE

Ticker:       RSE            Security ID:  779273101
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeremiah E. Casey         For       For        Management
1.2   Elect  Director Roger W. Schipke          For       For        Management
2     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

SBC COMMUNICATIONS INC.

Ticker:       SBC            Security ID:  78387G103
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James E. Barnes           For       For        Management
1.2   Elect  Director James A. Henderson        For       For        Management
1.3   Elect  Director John B. McCoy             For       For        Management
1.4   Elect  Director S. Donley Ritchey         For       For        Management
1.5   Elect  Director Joyce M. Roche            For       For        Management
1.6   Elect  Director Patricia P. Upton         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Bylaws                              For       For        Management
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Change Size of Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

SCIENTIFIC-ATLANTA, INC.

Ticker:       SFA            Security ID:  808655104
Meeting Date: NOV 7, 2003    Meeting Type: Annual
Record Date:  SEP 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Marion H. Antonini         For       For        Management
1.2   Elect Director David J. McLaughlin        For       For        Management
1.3   Elect Director James V. Napier            For       For        Management
1.4   Elect Director Sam Nunn                   For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

SHERWIN-WILLIAMS CO., THE

Ticker:       SHW            Security ID:  824348106
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James C. Boland           For       For        Management
1.2   Elect  Director John G. Breen             For       For        Management
1.3   Elect  Director Duane E. Collins          For       For        Management
1.4   Elect  Director Christopher M. Connor     For       For        Management
1.5   Elect  Director Daniel E. Evans           For       For        Management
1.6   Elect  Director Susan J. Kropf            For       For        Management
1.7   Elect  Director Robert W. Mahoney         For       For        Management
1.8   Elect  Director Gary E. McCullough        For       For        Management
1.9   Elect  Director A. Malachi Mixon, III     For       For        Management
1.10  Elect  Director Curtis E. Moll            For       For        Management
1.11  Elect  Director Joseph M. Scaminace       For       For        Management
1.12  Elect  Director Richard K. Smucker        For       For        Management
2     Amend Bylaws                              For       Against    Management
3     Amend Bylaws                              For       For        Management
4     Amend Nomination Procedures for the Board For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SUPERVALU INC.

Ticker:       SVU            Security ID:  868536103
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Charles M. Lillis          For       For        Management
1.2   Elect Director Jeffrey Noodle             For       For        Management
1.3   Elect Director Steven S. Rogers           For       For        Management
1.4   Elect Director Ronald E. Daly             For       For        Management
1.5   Elect Director Marissa Peterson           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require Affirmative Vote of the Majority  Against   Against    Shareholder
      of the Shares to Elect Directors


--------------------------------------------------------------------------------

TIME WARNER INC

Ticker:       TWX            Security ID:  887317105
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     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 Miles R. Gilburne         For       For        Management
1.7   Elect  Director Carla A. Hills            For       For        Management
1.8   Elect  Director Reuben Mark               For       For        Management
1.9   Elect  Director Michael A. Miles          For       For        Management
1.10  Elect  Director Kenneth J. Novack         For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director R. E. Turner              For       For        Management
1.13  Elect  Director Francis T. Vincent, Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt China Principles                    Against   Against    Shareholder
4     Report on Pay Disparity                   Against   Against    Shareholder


--------------------------------------------------------------------------------

TXU CORP.

Ticker:       TXU            Security ID:  873168108
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Derek C. Bonham           For       For        Management
1.2   Elect  Director E. Gail de Planque        For       For        Management
1.3   Elect  Director William M. Griffin        For       For        Management
1.4   Elect  Director Kerney Laday              For       For        Management
1.5   Elect  Director Jack E. Little            For       For        Management
1.6   Elect  Director Erle Nye                  For       For        Management
1.7   Elect  Director J.E. Oesterreicher        For       For        Management
1.8   Elect  Director Michael W. Ranger         For       For        Management
1.9   Elect  Director Herbert H. Richardson     For       For        Management
1.10  Elect  Director C. John Wilder            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

U.S. BANCORP

Ticker:       USB            Security ID:  902973304
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Victoria Buyniski         For       For        Management
      Gluckman
1.2   Elect  Director Arthur D. Collins, Jr.    For       For        Management
1.3   Elect  Director Jerry W. Levin            For       For        Management
1.4   Elect  Director Thomas E. Petry           For       For        Management
1.5   Elect  Director Richard G. Reiten         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Submit Executive Compensation to Vote     Against   For        Shareholder
5     Amend Vote Requirements to Amend          Against   For        Shareholder
      Articles/Bylaws/Charter


--------------------------------------------------------------------------------

UNITED TECHNOLOGIES CORP.

Ticker:       UTX            Security ID:  913017109
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Betsy J. Bernard          For       For        Management
1.2   Elect  Director George David              For       For        Management
1.3   Elect  Director Jean-Pierre Garnier       For       For        Management
1.4   Elect  Director Jamie S. Gorelick         For       For        Management
1.5   Elect  Director Charles R. Lee            For       For        Management
1.6   Elect  Director Richard D. McCormick      For       For        Management
1.7   Elect  Director Harold McGraw III         For       For        Management
1.8   Elect  Director Frank P. Popoff           For       For        Management
1.9   Elect  Director H. Patrick Swygert        For       For        Management
1.10  Elect  Director Andre Villeneuve          For       For        Management
1.11  Elect  Director H. A. Wagner              For       For        Management
1.12  Elect  Director Christine Todd Whitman    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Disclosure of Executive Compensation      Against   Against    Shareholder
4     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
5     Performance-Based/Indexed Options         Against   For        Shareholder
6     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

VERIZON COMMUNICATIONS

Ticker:       VZ             Security ID:  92343V104
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     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       For        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     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Require Majority of Independent Directors Against   Against    Shareholder
      on Board
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Prohibit Awards to Executives             Against   Against    Shareholder
9     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
10    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
11    Cease Charitable Contributions            Against   Against    Shareholder


--------------------------------------------------------------------------------

W. R. BERKLEY CORP.

Ticker:       BER            Security ID:  084423102
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Berkley, Jr.   For       For        Management
1.2   Elect  Director Ronald E. Blaylock        For       For        Management
1.3   Elect  Director Mark E. Brockbank         For       For        Management
1.4   Elect  Director Rodney A. Hawes, Jr.      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


--------------------------------------------------------------------------------

WACHOVIA CORP.

Ticker:       WB             Security ID:  929903102
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James S. Balloun          For       For        Management
1.2   Elect  Director John T. Casteen, III      For       For        Management
1.3   Elect  Director Joseph Neubauer           For       For        Management
1.4   Elect  Director Lanty L. Smith            For       For        Management
1.5   Elect  Director Dona Davis Young          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require Two Candidates for Each Board     Against   Against    Shareholder
      Seat
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

WALT DISNEY COMPANY, THE

Ticker:       DIS            Security ID:  254687106
Meeting Date: MAR 3, 2004    Meeting Type: Annual
Record Date:  JAN 16, 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 Aylwin B. Lewis           For       For        Management
1.7   Elect  Director Monica C. Lozano          For       For        Management
1.8   Elect  Director Robert W. Matschullat     For       For        Management
1.9   Elect  Director George J. Mitchell        For       For        Management
1.10  Elect  Director Leo J. O'Donovan, S.J.    For       For        Management
1.11  Elect  Director Gary L. Wilson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     China Principles                          Against   Against    Shareholder
4     Report on Supplier Labor Standards in     Against   Against    Shareholder
      China
5     Report on Amusement Park Safety           Against   Against    Shareholder


--------------------------------------------------------------------------------

WASHINGTON MUTUAL, INC

Ticker:       WM             Security ID:  939322103
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anne V. Farrell           For       For        Management
1.2   Elect  Director Stephen E. Frank          For       For        Management
1.3   Elect  Director Margaret Osmer Mcquade    For       For        Management
1.4   Elect  Director William D. Schulte        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

WINN-DIXIE STORES, INC.

Ticker:       WIN            Security ID:  974280109
Meeting Date: OCT 8, 2003    Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Tillie K. Fowler as Class  For       Did Not    Management
      II Director                                         Vote
1.2   Elect Director Frank Lazaran as Class II  For       Did Not    Management
      Director                                            Vote
1.3   Elect Director Edward W. Mehrer, Jr. as   For       Did Not    Management
      Class II Director                                   Vote
1.4   Elect Director Ronald Townsend as Class   For       Did Not    Management
      II Director                                         Vote
1.5   Elect Director John E. Anderson as Class  For       Did Not    Management
      III Director                                        Vote
2     Approve Executive Incentive Bonus Plan    For       Did Not    Management
                                                          Vote
3     Amend Stock Option Plan                   For       Did Not    Management
                                                          Vote
4     Ratify Auditors                           For       Did Not    Management
                                                          Vote




==================== BLACKROCK LOW DURATION BOND PORTFOLIO =====================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


====================== BLACKROCK MANAGED INCOME PORTFOLIO ======================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


================== BLACKROCK MID-CAP GROWTH EQUITY PORTFOLIO ===================

ITEM 1 PROXY VOTING RECORD

ABERCROMBIE & FITCH CO.

Ticker:       ANF            Security ID:  002896207
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John A. Golden            For       For        Management
1.2   Elect  Director Seth R. Johnson           For       For        Management
1.3   Elect  Director Edward F. Limato          For       For        Management


--------------------------------------------------------------------------------

ALCON INC

Ticker:       ACL            Security ID:  H01301102
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE 2003 ANNUAL REPORT AND    For       For        Management
      ACCOUNTS OF ALCON, INC. AND THE 2003
      CONSOLIDATED FINANCIAL STATEMENTS OF
      ALCON, INC. AND SUBSIDIARIES
2     APPROPRIATION OF AVAILABLE EARNINGS AND   For       For        Management
      PROPOSED DIVIDEND TO SHAREHOLDERS FOR THE
      FINANCIAL YEAR 2003
3     DISCHARGE OF THE MEMBERS OF THE BOARD OF  For       For        Management
      DIRECTORS
4     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      WERNER J. BAUER
5     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      FRANCISCO CASTANER
6     ELECTION TO THE BOARD OF DIRECTORS OF:    For       For        Management
      LODEWIJK J.R. DE VINK
7     ELECTION OF KPMG KLYNVELD PEAT MARWICK    For       For        Management
      GOERDELER SA, ZURICH, AS GROUP AND PARENT
      COMPANY AUDITORS
8     ELECTION OF ZENSOR REVISIONS AG, ZUG, AS  For       For        Management
      SPECIAL AUDITORS


--------------------------------------------------------------------------------

ALLERGAN, INC.

Ticker:       AGN            Security ID:  018490102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Handel E. Evans           For       For        Management
1.2   Elect  Director Michael R. Gallagher      For       For        Management
1.3   Elect  Director Gavin S. Herbert          For       For        Management
1.4   Elect  Director Stephen J. Ryan           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

AMDOCS LIMITED

Ticker:       DOX            Security ID:  G02602103
Meeting Date: JAN 22, 2004   Meeting Type: Annual
Record Date:  NOV 28, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Bruce Anderson as Director          For       Withhold   Management
1.2   Elect Avinoam Naor as Director            For       Withhold   Management
1.3   Elect Adrian Gardner as Director          For       For        Management
1.4   Elect Dov Baharav as Director             For       Withhold   Management
1.5   Elect Julian Brodsky as Director          For       For        Management
1.6   Elect Eli Gelman as Director              For       For        Management
1.7   Elect Charles Foster as Director          For       For        Management
1.8   Elect James Kahan as Director             For       For        Management
1.9   Elect Nehemia Lemelbaum as Director       For       For        Management
1.10  Elect John McLennan as Director           For       For        Management
1.11  Elect Robert Minicucci as Director        For       Withhold   Management
1.12  Elect Mario Segal as Director             For       For        Management
2     Accept Financial Statements For Fiscal    For       For        Management
      Year 2003
3     Amend 1998 Stock Option and Incentive     For       For        Management
      Plan
4     Approve Ernst & Young Auditors and        For       For        Management
      Authorize Audit Committee of Board to Fix
      Their Remuneration


--------------------------------------------------------------------------------

AMERISOURCEBERGEN CORP

Ticker:       ABC            Security ID:  03073E105
Meeting Date: MAR 5, 2004    Meeting Type: Annual
Record Date:  JAN 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward E. Hagenlocker     For       For        Management
1.2   Elect  Director Kurt J. Hilzinger         For       For        Management


--------------------------------------------------------------------------------

AMIS HOLDINGS INC

Ticker:       AMIS.2         Security ID:  031538101
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dipanjan Deb              For       For        Management
1.2   Elect  Director Christine King            For       For        Management
1.3   Elect  Director David M. Rickey           For       For        Management
1.4   Elect  Director Paul C. Schorr Iv         For       For        Management
1.5   Elect  Director Colin L. Slade            For       For        Management
1.6   Elect  Director David Stanton             For       For        Management
1.7   Elect  Director James A. Urry             For       For        Management
1.8   Elect  Director Gregory L. Williams       For       For        Management
1.9   Elect  Director S. Atiq Raza              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ANDREW CORP.

Ticker:       ANDW           Security ID:  034425108
Meeting Date: FEB 10, 2004   Meeting Type: Annual
Record Date:  DEC 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John G. Bollinger, Ph.D.   For       For        Management
1.2   Elect Director Philip Wm. Colburn         For       For        Management
1.3   Elect Director Thomas A. Donahoe          For       For        Management
1.4   Elect Director Ralph E. Faison            For       For        Management
1.5   Elect Director Jere D. Fluno              For       For        Management
1.6   Elect Director William O. Hunt            For       For        Management
1.7   Elect Director Charles R. Nicholas        For       For        Management
1.8   Elect Director Robert G. Paul             For       For        Management
1.9   Elect Director Gerald A. Poch             For       For        Management
1.10  Elect Director Glen O. Toney, Ph.D.       For       For        Management
1.11  Elect Director Dennis L. Whipple          For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ANTHEM INC.

Ticker:       ATH            Security ID:  03674B104
Meeting Date: JUN 28, 2004   Meeting Type: Special
Record Date:  MAY 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Change Company Name                       For       For        Management


--------------------------------------------------------------------------------

AXIS CAPITAL HOLDINGS LTD

Ticker:       AXS            Security ID:  G0692U109
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jurgen Grupe              For       For        Management
1.2   Elect  Director Maurice A. Keane          For       For        Management
1.3   Elect  Director Edward J. Kelly, III      For       For        Management
1.4   Elect  Director Andrew H. Rush            For       For        Management
1.5   Elect  Director Henry Smith               For       For        Management
1.6   Elect  Director Jeffrey C. Walker         For       For        Management
1.7   Elect  Director Michael A. Butt           For       For        Management
1.8   Elect  Director John R. Charman           For       For        Management
1.9   Elect  Director Andrew Cook               For       For        Management
1.10  Elect  Director John R. Charman*          For       For        Management
1.11  Elect  Director Andrew Cook*              For       For        Management
1.12  Elect  Director Michael J. Weetch         For       For        Management
2     TO AMEND THE BY-LAWS OF AXIS CAPITAL      For       For        Management
      HOLDINGS LIMITED
3     Ratify Auditors                           For       For        Management
4     Ratify Auditors                           For       For        Management
5     TO AUTHORIZE THE BOARD OF DIRECTORS OF    For       For        Management
      AXIS SPECIALTY HOLDINGS IRELAND LIMITED
      TO SET THE FEES FOR DELOITTE & TOUCHE
6     TO APPROVE THE FINANCIAL STATEMENTS OF    For       For        Management
      AXIS SPECIALTY HOLDINGS IRELAND LIMITED
7     TO AUTHORIZE AXIS SPECIALTY HOLDINGS      For       For        Management
      IRELAND LIMITED TO AUTHORIZE THE BOARD OF
      AXIS SPECIALTY EUROPE LIMITED TO SET THE
      FEES FOR DELOITTE & TOUCHE, INDEPENDENT
      AUDITORS
8     TO AUTHORIZE AXIS SPECIALTY HOLDINGS      For       For        Management
      IRELAND LIMITED TO VOTE TO APPROVE THE
      FINANCIAL STATEMENTS OF AXIS SPECIALTY
      EUROPE LIMITED
9     TO AUTHORIZE AXIS SPECIALTY HOLDINGS      For       For        Management
      IRELAND LIMITED TO AUTHORIZE THE BOARD OF
      AXIS RE LIMITED TO SET THE FEES FOR
      DELOITTE & TOUCHE, INDEPENDENT AUDITORS
10    TO AUTHORIZE AXIS SPECIALTY HOLDINGS      For       For        Management
      IRELAND LIMITED TO VOTE TO APPROVE THE
      FINANCIAL STATEMENTS OF AXIS RE LIMITED
11    Ratify Auditors                           For       For        Management
12    TO APPROVE THE FINANCIAL STATEMENTS OF    For       For        Management
      AXIS SPECIALTY UK LIMITED
13    Ratify Auditors                           For       For        Management
14    TO APPROVE THE FINANCIAL STATEMENTS OF    For       For        Management
      AXIS SPECIALTY UK HOLDINGS LIMITED
15    Ratify Auditors                           For       For        Management
16    TO APPROVE THE FINANCIAL STATEMENTS OF    For       For        Management
      AXIS SPECIALTY (BARBADOS) LIMITED


--------------------------------------------------------------------------------

BEA SYSTEMS, INC.

Ticker:       BEAS           Security ID:  073325102
Meeting Date: JUL 11, 2003   Meeting Type: Annual
Record Date:  MAY 27, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William T. Coleman III     For       For        Management
1.2   Elect Director Dale Crandall              For       For        Management
1.3   Elect Director William H. Janeway         For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BISYS GROUP, INC., THE

Ticker:       BSG            Security ID:  055472104
Meeting Date: NOV 13, 2003   Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lynn J. Mangum             For       For        Management
1.2   Elect Director Denis A. Bovin             For       For        Management
1.3   Elect Director Robert J. Casale           For       For        Management
1.4   Elect Director Thomas A. Cooper           For       For        Management
1.5   Elect Director Paula G. McInerney         For       For        Management
1.6   Elect Director Thomas E. McInerney        For       For        Management
1.7   Elect Director Joseph J. Melone           For       For        Management
1.8   Elect Director Dennis R. Sheehan          For       For        Management
2     Approve Employee Stock Purchase Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BJ SERVICES COMPANY

Ticker:       BJS            Security ID:  055482103
Meeting Date: JAN 22, 2004   Meeting Type: Annual
Record Date:  DEC 5, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Don D. Jordan              For       For        Management
1.2   Elect Director William H. White           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Report on Foreign Operations Risk         Against   Against    Shareholder


--------------------------------------------------------------------------------

BRINKER INTERNATIONAL, INC.

Ticker:       EAT            Security ID:  109641100
Meeting Date: NOV 13, 2003   Meeting Type: Annual
Record Date:  SEP 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ronald A. McDougall        For       For        Management
1.2   Elect Director Douglas H. Brooks          For       For        Management
1.3   Elect Director Dan W. Cook, III           For       For        Management
1.4   Elect Director Robert M. Gates            For       For        Management
1.5   Elect Director Marvin J. Girouard         For       For        Management
1.6   Elect Director Ronald Kirk                For       For        Management
1.7   Elect Director George R. Mrkonic          For       For        Management
1.8   Elect Director Erle Nye                   For       For        Management
1.9   Elect Director James E. Oesterreicher     For       For        Management
1.10  Elect Director Cece Smith                 For       For        Management
1.11  Elect Director Roger T. Staubach          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on the Impact of Genetically       Against   Against    Shareholder
      Engineered Products


--------------------------------------------------------------------------------

BRUNSWICK CORP.

Ticker:       BC             Security ID:  117043109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nolan D. Archibald        For       For        Management
1.2   Elect  Director Jeffrey L. Bleustein      For       For        Management
1.3   Elect  Director Graham H. Phillips        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

C. R. BARD, INC.

Ticker:       BCR            Security ID:  067383109
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anthony Welters           For       For        Management
1.2   Elect  Director Tony L. White             For       For        Management
1.3   Elect  Director Theodore E. Martin        For       For        Management
1.4   Elect  Director Timothy M. Ring           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


--------------------------------------------------------------------------------

CAREER EDUCATION CORP.

Ticker:       CECO           Security ID:  141665109
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas B. Lally           For       For        Management
1.2   Elect  Director John M. Larson            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CELGENE CORP.

Ticker:       CELG           Security ID:  151020104
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John W. Jackson           For       For        Management
1.2   Elect  Director Sol J. Barer, Ph.D.       For       For        Management
1.3   Elect  Director Robert J. Hugin           For       For        Management
1.4   Elect  Director Jack L. Bowman            For       For        Management
1.5   Elect  Director Frank T. Cary             For       For        Management
1.6   Elect  Director Michael D. Casey          For       For        Management
1.7   Elect  Director A. Hull Hayes, Jr, M.D.   For       For        Management
1.8   Elect  Director Gilla Kaplan, Ph.D.       For       For        Management
1.9   Elect  Director Richard C.E. Morgan       For       For        Management
1.10  Elect  Director Walter L. Robb, Ph.D.     For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CERIDIAN CORPORATION

Ticker:       CEN            Security ID:  156779100
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William J. Cadogan        For       For        Management
1.2   Elect  Director Nicholas D. Chabraja      For       For        Management
1.3   Elect  Director Robert H. Ewald           For       For        Management
1.4   Elect  Director Ronald T. LeMay           For       For        Management
1.5   Elect  Director George R. Lewis           For       For        Management
1.6   Elect  Director Ronald L. Turner          For       For        Management
1.7   Elect  Director Carole J. Uhrich          For       For        Management
1.8   Elect  Director Alan F. White             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management


--------------------------------------------------------------------------------

CHOICEPOINT INC.

Ticker:       CPS            Security ID:  170388102
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John B. Mccoy             For       For        Management
1.2   Elect  Director Thomas M. Coughlin        For       For        Management
1.3   Elect  Director Derek V. Smith            For       For        Management
2     Approve Deferred Compensation Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COGNIZANT TECHNOLOGY SOLUTIONS CORP.

Ticker:       CTSH           Security ID:  192446102
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lakshmi Narayanan         For       For        Management
1.2   Elect  Director John E. Klein             For       For        Management
2     Increase Authorized Common Stock and      For       For        Management
      Eliminate Class of Common Stock
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Employee Stock Purchase Plan      For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DEAN FOODS COMPANY

Ticker:       DF             Security ID:  242370104
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan J. Bernon            For       For        Management
1.2   Elect  Director Gregg L. Engles           For       For        Management
1.3   Elect  Director Joseph S. Hardin, Jr.     For       For        Management
1.4   Elect  Director Ronald Kirk               For       For        Management
1.5   Elect  Director John S. Llewellyn, Jr.    For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DOLLAR GENERAL CORP.

Ticker:       DG             Security ID:  256669102
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Bere             For       For        Management
1.2   Elect  Director Dennis C. Bottorff        For       For        Management
1.3   Elect  Director Barbara L. Bowles         For       For        Management
1.4   Elect  Director James L. Clayton          For       For        Management
1.5   Elect  Director Reginald D. Dickson       For       For        Management
1.6   Elect  Director E. Gordon Gee             For       For        Management
1.7   Elect  Director Barbara M. Knuckles       For       For        Management
1.8   Elect  Director David A. Perdue           For       For        Management
1.9   Elect  Director J. Neal Purcell           For       For        Management
1.10  Elect  Director James D. Robbins          For       For        Management
1.11  Elect  Director David M. Wilds            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DST SYSTEMS, INC.

Ticker:       DST            Security ID:  233326107
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. Edward Allinson        For       For        Management
1.2   Elect  Director Michael G. Fitt           For       For        Management
2     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

DST SYSTEMS, INC.

Ticker:       DST            Security ID:  233326107
Meeting Date: NOV 28, 2003   Meeting Type: Special
Record Date:  NOV 10, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reorganization Plan               For       For        Management


--------------------------------------------------------------------------------

ENERGIZER HOLDINGS, INC.

Ticker:       ENR            Security ID:  29266R108
Meeting Date: JAN 26, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John R. Roberts            For       For        Management
1.2   Elect Director John E. Klein              For       For        Management
1.3   Elect Director R. David Hoover            For       For        Management
1.4   Elect Director W. Patrick McGinnis        For       For        Management


--------------------------------------------------------------------------------

ENSCO INTERNATIONAL, INC.

Ticker:       ESV            Security ID:  26874Q100
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David M. Carmichael       For       For        Management
1.2   Elect  Director Thomas L. Kelly II        For       For        Management
1.3   Elect  Director Rita M. Rodriguez         For       For        Management


--------------------------------------------------------------------------------

FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC.

Ticker:       FCS            Security ID:  303726103
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kirk P. Pond              For       For        Management
1.2   Elect  Director Joseph R. Martin          For       For        Management
1.3   Elect  Director Charles P. Carinalli      For       For        Management
1.4   Elect  Director Richard M. Cashin, Jr.    For       For        Management
1.5   Elect  Director Charles M. Clough         For       For        Management
1.6   Elect  Director Robert F. Friel           For       For        Management
1.7   Elect  Director Thomas L. Magnanti        For       For        Management
1.8   Elect  Director Bryan R. Roub             For       For        Management
1.9   Elect  Director Paul C. Schorr IV         For       For        Management
1.10  Elect  Director Ronald W. Shelly          For       For        Management
1.11  Elect  Director William N. Stout          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FLUOR CORP.

Ticker:       FLR            Security ID:  343412102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James T. Hackett          For       For        Management
1.2   Elect  Director Kent Kresa                For       For        Management
1.3   Elect  Director Robin W. Renwick          For       For        Management
1.4   Elect  Director Martha R. Seger           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan


--------------------------------------------------------------------------------

GILEAD SCIENCES, INC.

Ticker:       GILD           Security ID:  375558103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     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
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     Approve Omnibus Stock Plan                For       For        Management
4     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

GLOBAL SANTA FE CORP.(FORMERLY SANTA FE INTERNATIONAL CORP)

Ticker:       GSF            Security ID:  G3930E101
Meeting Date: JUN 9, 2004    Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ferdinand A. Berger       For       Did Not    Management
                                                          Vote
1.2   Elect  Director Khaled R. Al-Haroon       For       Did Not    Management
                                                          Vote
1.3   Elect  Director Edward R. Muller          For       Did Not    Management
                                                          Vote
1.4   Elect  Director Paul J. Powers            For       Did Not    Management
                                                          Vote
1.5   Elect  Director John L. Whitmire          For       Did Not    Management
                                                          Vote
2     PROPOSAL TO APPROVE A SPECIAL RESOLUTION  For       Did Not    Management
      TO AMEND THE COMPANY S AMENDED AND                  Vote
      RESTATED ARTICLES OF ASSOCIATION TO
      PERMIT TELEPHONIC AND INTERNET VOTING BY
      RECORD SHAREHOLDERS.
3     PROPOSAL TO APPROVE A SPECIAL RESOLUTION  For       Did Not    Management
      TO AMEND THE COMPANY S AMENDED AND                  Vote
      RESTATED ARTICLES OF ASSOCIATION TO
      REMOVE THE LANGUAGE  NO SHARE OWNERSHIP
      QUALIFICATION FOR DIRECTORS SHALL BE
      REQUIRED.
4     PROPOSAL TO RATIFY THE APPOINTMENT OF     For       Did Not    Management
      PRICEWATERHOUSECOOPERS LLP AS THE                   Vote
      INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
      OF THE COMPANY AND ITS SUBSIDIARIES FOR
      THE YEAR ENDING DECEMBER 31, 2004.


--------------------------------------------------------------------------------

HALLIBURTON CO.

Ticker:       HAL            Security ID:  406216101
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     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 Charles J. DiBona         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 Aylwin B. Lewis           For       For        Management
1.8   Elect  Director J. Landis Martin          For       For        Management
1.9   Elect  Director Jay A. Precourt           For       For        Management
1.10  Elect  Director Debra L. Reed             For       For        Management
1.11  Elect  Director C. J. Silas               For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Review/Report on Operations in Iran       Against   Against    Shareholder
4     Require Affirmative Vote of a Majority of Against   Against    Shareholder
      the Shares to Elect Directors
5     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

HARRIS CORP.

Ticker:       HRS            Security ID:  413875105
Meeting Date: OCT 24, 2003   Meeting Type: Annual
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph L. Dionne           For       For        Management
1.2   Elect Director David B. Rickard           For       For        Management
1.3   Elect Director Gregory T. Swienton        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HILTON HOTELS CORP.

Ticker:       HLT            Security ID:  432848109
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. Steven Crown           For       For        Management
1.2   Elect  Director David Michels             For       For        Management
1.3   Elect  Director John H. Myers             For       For        Management
1.4   Elect  Director Donna F. Tuttle           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Incentive Bonus Plan              For       For        Management
5     Declassify the Board of Directors         Against   Against    Shareholder
6     Require Majority of Independent Directors Against   For        Shareholder
      on Board


--------------------------------------------------------------------------------

INTERSIL CORPORATION

Ticker:       ISIL           Security ID:  46069S109
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gregory L. Williams       For       For        Management
1.2   Elect  Director Richard M. Beyer          For       For        Management
1.3   Elect  Director Dr. Robert W. Conn        For       For        Management
1.4   Elect  Director James V. Diller           For       For        Management
1.5   Elect  Director Gary E. Gist              For       For        Management
1.6   Elect  Director Jan Peeters               For       For        Management
1.7   Elect  Director Robert N. Pokelwaldt      For       For        Management
1.8   Elect  Director James A. Urry             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

JABIL CIRCUIT, INC.

Ticker:       JBL            Security ID:  466313103
Meeting Date: JAN 13, 2004   Meeting Type: Annual
Record Date:  NOV 14, 2003

#     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     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LABORATORY CORPORATION OF AMERICA HOLDINGS

Ticker:       LH             Security ID:  50540R409
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas P. Mac Mahon       For       For        Management
1.2   Elect  Director Jean-Luc Belingard        For       For        Management
1.3   Elect  Director Wendy E. Lane             For       For        Management
1.4   Elect  Director R.E. Mittelstaedt, Jr.    For       For        Management
1.5   Elect  Director Andrew G. Wallace, M.D.   For       For        Management
1.6   Elect  Director M. Keith Weikel           For       For        Management
1.7   Elect  Director Craig M. Watson           For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LAMAR ADVERTISING COMPANY

Ticker:       LAMR           Security ID:  512815101
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     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 Charles W. Lamar, III     For       For        Management
1.5   Elect  Director Stephen P. Mumblow        For       For        Management
1.6   Elect  Director Thomas V. Reifenheiser    For       For        Management
1.7   Elect  Director Kevin P. Reilly, Jr.      For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

LEAPFROG ENTERPRISES INC

Ticker:       LF             Security ID:  52186N106
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven B. Fink            For       For        Management
1.2   Elect  Director Paul A. Rioux             For       For        Management
1.3   Elect  Director Michael C. Wood           For       For        Management
1.4   Elect  Director Thomas J. Kalinske        For       For        Management
1.5   Elect  Director Jeremy J. Perez           For       For        Management
1.6   Elect  Director Jeffrey Berg              For       For        Management
1.7   Elect  Director Stanley E. Maron          For       For        Management
1.8   Elect  Director E. Stanton McKee, Jr.     For       For        Management
1.9   Elect  Director Barry Munitz              For       For        Management
1.10  Elect  Director Stewart A. Resnick        For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LIMITED BRANDS

Ticker:       LTD            Security ID:  532716107
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eugene M. Freedman        For       For        Management
1.2   Elect  Director V. Ann Hailey             For       For        Management
1.3   Elect  Director David T. Kollat           For       For        Management
1.4   Elect  Director Leslie H. Wexner          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

MANPOWER INC.

Ticker:       MAN            Security ID:  56418H100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephanie A. Burns        For       For        Management
1.2   Elect  Director Willie D. Davis           For       For        Management
1.3   Elect  Director Jack M. Greenberg         For       For        Management
1.4   Elect  Director Terry A. Hueneke          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MCAFEE INC.

Ticker:       MFE            Security ID:  640938106
Meeting Date: DEC 16, 2003   Meeting Type: Annual
Record Date:  NOV 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Leslie Denend              For       For        Management
1.2   Elect Director George Samenuk             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MCAFEE INC.

Ticker:       MFE            Security ID:  640938106
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Dutkowsky          For       For        Management
1.2   Elect  Director Denis O'Leary             For       For        Management
1.3   Elect  Director Robert Pangia             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NABORS INDUSTRIES, LTD.

Ticker:       NBR            Security ID:  G6359F103
Meeting Date: JUN 1, 2004    Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James L. Payne            For       For        Management
1.2   Elect  Director Hans W. Schmidt           For       For        Management
2     Ratify Auditors                           For       For        Management
3     SHAREHOLDER PROPOSAL TO CHANGE NABORS     Against   Against    Management
      JURISDICTION OF INCORPORATION FROM
      BERMUDA TO DELAWARE.


--------------------------------------------------------------------------------

NATIONAL SEMICONDUCTOR CORP.

Ticker:       NSM            Security ID:  637640103
Meeting Date: SEP 26, 2003   Meeting Type: Annual
Record Date:  AUG 14, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Brian L. Halla             For       For        Management
1.2   Elect Director Steven R. Appleton         For       For        Management
1.3   Elect Director Gary P. Arnold             For       For        Management
1.4   Elect Director Richard J. Danzig          For       For        Management
1.5   Elect Director Robert J. Frankenberg      For       For        Management
1.6   Elect Director E. Floyd Kvamme            For       For        Management
1.7   Elect Director Modesto A. Maidique        For       For        Management
1.8   Elect Director Edward R. Mccracken        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Employee Stock Purchase Plan      For       For        Management


--------------------------------------------------------------------------------

NOVELLUS SYSTEMS, INC.

Ticker:       NVLS           Security ID:  670008101
Meeting Date: APR 16, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard S. Hill           For       For        Management
1.2   Elect  Director Neil R. Bonke             For       For        Management
1.3   Elect  Director Youssef A. El-Mansy       For       For        Management
1.4   Elect  Director J. David Litster          For       For        Management
1.5   Elect  Director Yoshio Nishi              For       For        Management
1.6   Elect  Director Glen G. Possley           For       For        Management
1.7   Elect  Director Ann D. Rhoads             For       For        Management
1.8   Elect  Director William R. Spivey         For       For        Management
1.9   Elect  Director Delbert A. Whitaker       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provision of Non-Audit Services by        Against   Against    Shareholder
      Independent Auditors
4     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

NVIDIA CORPORATION

Ticker:       NVDA           Security ID:  67066G104
Meeting Date: JUL 10, 2003   Meeting Type: Annual
Record Date:  MAY 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Tench Coxe                 For       For        Management
1.2   Elect Director Mark A. Stevens            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OMNICARE, INC.

Ticker:       OCR            Security ID:  681904108
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward L. Hutton          For       For        Management
1.2   Elect  Director Joel F. Gemunder          For       For        Management
1.3   Elect  Director Charles H. Erhart, Jr.    For       For        Management
1.4   Elect  Director David W. Froesel, Jr.     For       For        Management
1.5   Elect  Director Sandra E. Laney           For       For        Management
1.6   Elect  Director Andrea R. Lindell, DNSc,  For       For        Management
      RN
1.7   Elect  Director Sheldon Margen, M.D.      For       For        Management
1.8   Elect  Director John H. Timoney           For       For        Management
1.9   Elect  Director Amy Wallman               For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OUTBACK STEAKHOUSE, INC.

Ticker:       OSI            Security ID:  689899102
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John A. Brabson, Jr.      For       For        Management
1.2   Elect  Director Lee Roy Selmon            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Other Business                            For       For        Management


--------------------------------------------------------------------------------

PACTIV CORP.

Ticker:       PTV            Security ID:  695257105
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     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


--------------------------------------------------------------------------------

PATTERSON-UTI  ENERGY INC.

Ticker:       PTEN           Security ID:  703481101
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAY 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark S. Siegel            For       For        Management
1.2   Elect  Director Cloyce A. Talbott         For       For        Management
1.3   Elect  Director A. Glenn Patterson        For       For        Management
1.4   Elect  Director Kenneth N. Berns          For       For        Management
1.5   Elect  Director Robert C. Gist            For       For        Management
1.6   Elect  Director Curtis W. Huff            For       For        Management
1.7   Elect  Director Terry H. Hunt             For       For        Management
1.8   Elect  Director Kenneth R. Peak           For       For        Management
1.9   Elect  Director Nadine C. Smith           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PIONEER NATURAL RESOURCES CO.

Ticker:       PXD            Security ID:  723787107
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Hartwell Gardner       For       For        Management
1.2   Elect  Director James L. Houghton         For       For        Management
1.3   Elect  Director Linda K. Lawson           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

REGAL ENTERTAINMENT GROUP

Ticker:       RGC            Security ID:  758766109
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas D. Bell, Jr.       For       For        Management
1.2   Elect  Director Craig D. Slater           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SEI INVESTMENT COMPANY

Ticker:       SEIC           Security ID:  784117103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alfred P. West, Jr.       For       For        Management
1.2   Elect  Director William M. Doran          For       For        Management
1.3   Elect  Director Howard D. Ross            For       For        Management
1.4   Elect  Director Thomas W. Smith           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SHIRE PHARMACEUTICALS GROUP PLC

Ticker:                      Security ID:  82481R106
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  MAY 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE AND CONSIDER THE DIRECTORS     For       For        Management
      REPORT AND ACCOUNTS FOR THE YEAR ENDED
      DECEMBER 31, 2003.
2     TO RE-ELECT DR JAMES HENRY CAVANAUGH AS A For       For        Management
      DIRECTOR.
3     TO RE-ELECT DR BARRY JOHN PRICE AS A      For       For        Management
      DIRECTOR.
4     TO ELECT MR ROBIN WILLIAM TURNBULL        For       For        Management
      BUCHANAN AS A DIRECTOR.
5     TO ELECT MR DAVID JOHN KAPPLER AS A       For       For        Management
      DIRECTOR.
6     Ratify Auditors                           For       For        Management
7     TO APPROVE THE DIRECTORS  REMUNERATION    For       For        Management
      REPORT.
8     TO AUTHORIZE THE ALLOTMENT OF SHARES.     For       For        Management
9     TO AUTHORIZE THE DISAPPLICATION OF        For       For        Management
      PRE-EMPTION RIGHTS.
10    TO AUTHORIZE MARKET PURCHASES.            For       For        Management
11    TO AUTHORIZE DONATIONS TO EU POLITICAL    For       For        Management
      ORGANIZATIONS AND EU POLITICAL
      EXPENDITURE.


--------------------------------------------------------------------------------

SIEBEL SYSTEMS, INC.

Ticker:       SEBL           Security ID:  826170102
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  APR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Scott Hartz            For       For        Management
1.2   Elect  Director Charles R. Schwab         For       For        Management
1.3   Elect  Director George T. Shaheen         For       For        Management
1.4   Elect  Director John W. White             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Abstain   For        Shareholder


--------------------------------------------------------------------------------

SMITH INTERNATIONAL, INC.

Ticker:       SII            Security ID:  832110100
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James R. Gibbs             For       For        Management
1.2   Elect Director Jerry W. Neely             For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SMURFIT - STONE CONTAINER CORP.

Ticker:       SSCC           Security ID:  832727101
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Boris            For       For        Management
1.2   Elect  Director Alan E. Goldberg          For       For        Management
1.3   Elect  Director William T. Lynch, Jr.     For       For        Management
1.4   Elect  Director Patrick J. Moore          For       For        Management
1.5   Elect  Director James J. O'Connor         For       For        Management
1.6   Elect  Director Jerry K. Pearlman         For       For        Management
1.7   Elect  Director Thomas A. Reynolds, III   For       For        Management
1.8   Elect  Director William D. Smithburg      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Deferred Compensation Plan        For       For        Management
5     Submit Executive Compensation to Vote     Against   Against    Shareholder


--------------------------------------------------------------------------------

ST. JUDE MEDICAL, INC.

Ticker:       STJ            Security ID:  790849103
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael A. Rocca          For       For        Management
1.2   Elect  Director David A. Thompson         For       For        Management
1.3   Elect  Director Stefan K. Widensohler     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Increase Authorized Common Stock          For       For        Management
5     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

STAPLES, INC.

Ticker:       SPLS           Security ID:  855030102
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arthur M. Blank           For       For        Management
1.2   Elect  Director Gary L. Crittenden        For       For        Management
1.3   Elect  Director Martin Trust              For       For        Management
1.4   Elect  Director Paul F. Walsh             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management
6     Submit Shareholder Rights Plan (Poison    Against   Against    Shareholder
      Pill) to Shareholder Vote
7     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
8     Limit Executive Compensation              Against   Against    Shareholder
9     Prohibit Auditor from Providing Non-Audit Against   Against    Shareholder
      Services


--------------------------------------------------------------------------------

STATION CASINOS, INC.

Ticker:       STN            Security ID:  857689103
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lorenzo J. Fertitta       For       For        Management
1.2   Elect  Director Blake L. Sartini          For       For        Management
1.3   Elect  Director James E. Nave, D.V.M.     For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


--------------------------------------------------------------------------------

STERICYCLE, INC.

Ticker:       SRCL           Security ID:  858912108
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jack W. Schuler           For       For        Management
1.2   Elect  Director Mark C. Miller            For       For        Management
1.3   Elect  Director John P. Connaughton       For       For        Management
1.4   Elect  Director Rod F. Dammeyer           For       For        Management
1.5   Elect  Director Patrick F. Graham         For       For        Management
1.6   Elect  Director John Patience             For       For        Management
1.7   Elect  Director Thomas R. Reusche         For       For        Management
1.8   Elect  Director Peter Vardy               For       For        Management
1.9   Elect  Director L. John Wilkerson, Ph.D.  For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Waste Incineration              Against   Against    Shareholder


--------------------------------------------------------------------------------

STORAGE TECHNOLOGY CORP.

Ticker:       STK            Security ID:  862111200
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Adams            For       For        Management
1.2   Elect  Director Charles E. Foster         For       For        Management
1.3   Elect  Director Mercedes Johnson          For       For        Management
1.4   Elect  Director William T. Kerr           For       For        Management
1.5   Elect  Director Robert E. Lee             For       For        Management
1.6   Elect  Director Patrick J. Martin         For       For        Management
1.7   Elect  Director Judy C. Odom              For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Provide for Cumulative Voting             Against   Against    Shareholder


--------------------------------------------------------------------------------

TALISMAN ENERGY INC.

Ticker:       TLM.           Security ID:  87425E103
Meeting Date: MAY 4, 2004    Meeting Type: Annual/Special
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Douglas D. Baldwin, James W.        For       For        Management
      Buckee, Kevin S. Dunne, Al L. Flood, Dale
      G. Parker, Lawrence G. Tapp, Stella M.
      Thompson, Robert G. Welty, Charles W.
      Wilson as Directors
2     Ratify Auditors                           For       For        Management
3     Approve 3:1 Stock Split                   For       For        Management


--------------------------------------------------------------------------------

TENET HEALTHCARE CORP.

Ticker:       THC            Security ID:  88033G100
Meeting Date: JUL 23, 2003   Meeting Type: Annual
Record Date:  JUN 2, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lawrence Biondi, S.J.      For       Did Not    Management
                                                          Vote
1.2   Elect Director Van B. Honeycutt           For       Did Not    Management
                                                          Vote
1.3   Elect Director Edward A. Kangas           For       Did Not    Management
                                                          Vote
2     Declassify the Board of Directors         For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote
4     Require Majority of Independent Directors Against   Did Not    Shareholder
      on Board                                            Vote


--------------------------------------------------------------------------------

TERADYNE, INC.

Ticker:       TER            Security ID:  880770102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John P. Mulroney          For       For        Management
1.2   Elect  Director Patricia S. Wolpert       For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TRIAD HOSPITALS, INC.

Ticker:       TRI            Security ID:  89579K109
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James D. Shelton          For       For        Management
1.2   Elect  Director Thomas F. Frist III       For       For        Management
1.3   Elect  Director Gale E. Sayers            For       For        Management
1.4   Elect  Director Nancy-Ann DeParle         For       For        Management
1.5   Elect  Director Michael K. Jhin           For       For        Management
1.6   Elect  Director Harriet R. Michel         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

UNIVERSAL HEALTH SERVICES, INC.

Ticker:       UHS            Security ID:  913903100
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert H. Hotz            For       For        Management
2     Amend Restricted Stock Plan               For       For        Management


--------------------------------------------------------------------------------

VARIAN MEDICAL SYSTEMS INC

Ticker:       VAR            Security ID:  92220P105
Meeting Date: FEB 19, 2004   Meeting Type: Annual
Record Date:  DEC 22, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John Seely Brown           For       For        Management
1.2   Elect Director Samuel Hellman             For       For        Management
1.3   Elect Director Terry R. Lautenbach        For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management


--------------------------------------------------------------------------------

VARIAN MEDICAL SYSTEMS INC

Ticker:       VAR            Security ID:  92220P105
Meeting Date: JUN 10, 2004   Meeting Type: Special
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

WILLIS GROUP HOLDINGS LTD

Ticker:       WSH            Security ID:  G96655108
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William W. Bradley        For       For        Management
1.2   Elect  Director Joseph A. Califano, Jr.   For       For        Management
1.3   Elect  Director James R. Fisher           For       For        Management
1.4   Elect  Director Perry Golkin              For       For        Management
1.5   Elect  Director Paul M. Hazen             For       For        Management
1.6   Elect  Director Wendy E. Lane             For       For        Management
1.7   Elect  Director James F. Mccann           For       For        Management
1.8   Elect  Director Scott C. Nuttall          For       For        Management
1.9   Elect  Director Joseph J. Plumeri         For       For        Management
1.10  Elect  Director Douglas B. Roberts        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ZIMMER HOLDINGS INC

Ticker:       ZMH            Security ID:  98956P102
Meeting Date: MAY 10, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Larry C. Glasscock        For       For        Management
1.2   Elect  Director John L. McGoldrick        For       For        Management
2     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
3     Ratify Auditors                           Against   For        Shareholder


--------------------------------------------------------------------------------

ZIMMER HOLDINGS INC

Ticker:       ZMH            Security ID:  98956P102
Meeting Date: JUL 22, 2003   Meeting Type: Special
Record Date:  JUN 16, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition




=================== BLACKROCK MID-CAP VALUE EQUITY PORTFOLIO ===================

ITEM 1 PROXY VOTING RECORD

ABERCROMBIE & FITCH CO.

Ticker:       ANF            Security ID:  002896207
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John A. Golden            For       For        Management
1.2   Elect  Director Seth R. Johnson           For       For        Management
1.3   Elect  Director Edward F. Limato          For       For        Management


--------------------------------------------------------------------------------

ALLMERICA FINANCIAL CORP.

Ticker:       AFC            Security ID:  019754100
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael P. Angelini       For       For        Management
1.2   Elect  Director Edward J. Parry, III      For       For        Management
1.3   Elect  Director Herbert M. Varnum         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

AMETEK, INC.

Ticker:       AME            Security ID:  031100100
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lewis G. Cole             For       For        Management
1.2   Elect  Director Charles D. Klein          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AXCELIS TECHNOLOGIES INC

Ticker:       ACLS           Security ID:  054540109
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gary L. Tooker            For       For        Management
1.2   Elect  Director Patrick H. Nettles        For       For        Management
1.3   Elect  Director Alexander M. Cutler       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BANKNORTH GROUP, INC.

Ticker:       BNK            Security ID:  06646R107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dana S. Levenson          For       For        Management
1.2   Elect  Director John M. Naughton          For       For        Management
1.3   Elect  Director Angelo Pizzagalli         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BANTA CORP.

Ticker:       BN             Security ID:  066821109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jameson A. Baxter         For       For        Management
1.2   Elect  Director John F. Bergstrom         For       For        Management
1.3   Elect  Director Henry T. DeNero           For       For        Management
1.4   Elect  Director Paul C. Reyelts           For       For        Management
1.5   Elect  Director Ray C. Richelsen          For       For        Management
1.6   Elect  Director Stephanie A. Streeter     For       For        Management
1.7   Elect  Director Michael J. Winkler        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BEAR STEARNS COMPANIES INC., THE

Ticker:       BSC            Security ID:  073902108
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James E. Cayne            For       For        Management
1.2   Elect  Director Carl D. Glickman          For       For        Management
1.3   Elect  Director Alan C. Greenberg         For       For        Management
1.4   Elect  Director Donald J. Harrington      For       For        Management
1.5   Elect  Director William L. Mack           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
2     Amend the Capital Accumulation Plan for   For       Against    Management
      Senior Managing Directors
3     Amend Stock Option Plan                   For       Against    Management
4     Approve Restricted Stock Plan             For       Against    Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BJ

Ticker:       BJ             Security ID:  05548J106
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director S. James Coppersmith      For       For        Management
1.2   Elect  Director Thomas J. Shields         For       For        Management
1.3   Elect  Director Herbert J. Zarkin         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BLACK & DECKER CORP., THE

Ticker:       BDK            Security ID:  091797100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     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
2     Ratify Auditors                           For       For        Management
3     Approve Restricted Stock Plan             For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

BOWATER INC.

Ticker:       BOW            Security ID:  102183100
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arnold M. Nemirow         For       For        Management
1.2   Elect  Director Arthur R. Sawchuk         For       For        Management
1.3   Elect  Director Gordon D. Giffin          For       For        Management
1.4   Elect  Director Douglas A. Pertz          For       For        Management


--------------------------------------------------------------------------------

BRUNSWICK CORP.

Ticker:       BC             Security ID:  117043109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nolan D. Archibald        For       For        Management
1.2   Elect  Director Jeffrey L. Bleustein      For       For        Management
1.3   Elect  Director Graham H. Phillips        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BUNGE LIMITED

Ticker:       BG             Security ID:  G16962105
Meeting Date: MAY 28, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO ELECT JORGE BORN, JR., AS A MEMBER OF  For       For        Management
      THE BOARD OF DIRECTORS TO SERVE UNTIL THE
      2007 ANNUAL GENERAL MEETING OF
      SHAREHOLDERS.
2     TO ELECT OCTAVIO CARABALLO, AS A MEMBER   For       For        Management
      OF THE BOARD OF DIRECTORS TO SERVE UNTIL
      THE 2007 ANNUAL GENERAL MEETING
      SHAREHOLDERS.
3     TO ELECT BERNARD DE LA TOUR D AUVERGNE    For       For        Management
      LAURAGUAIS, AS A MEMBER OF THE BOARD OF
      DIRECTORS TO SERVE UNTIL THE 2007 ANNUAL
      GENERAL MEETING OF SHAREHOLDERS.
4     TO ELECT WILLIAM ENGELS, AS A MEMBER OF   For       For        Management
      THE BOARD OF DIRECTORS TO SERVE UNTIL THE
      2007 ANNUAL GENERAL MEETING OF
      SHAREHOLDERS.
5     Ratify Auditors                           For       For        Management
6     TO APPROVE THE TERMS OF BUNGE LIMITED S   For       For        Management
      AMENDED AND RESTATED NON-EMPLOYEE
      DIRECTORS  EQUITY INCENTIVE PLAN.


--------------------------------------------------------------------------------

CHARTER ONE FINANCIAL, INC.

Ticker:       CF             Security ID:  160903100
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Patrick J. Agnew          For       For        Management
1.2   Elect  Director Denise Marie Fugo         For       For        Management
1.3   Elect  Director Charles John Koch         For       For        Management
1.4   Elect  Director Ronald F. Poe             For       For        Management
1.5   Elect  Director Jerome L. Schostak        For       For        Management
1.6   Elect  Director Mark Shaevsky             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CIRCUIT CITY STORES, INC.

Ticker:       CC             Security ID:  172737108
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director E.V. Goings               For       For        Management
1.2   Elect  Director James F. Hardymon         For       For        Management
1.3   Elect  Director Allen B. King             For       For        Management
1.4   Elect  Director J. Patrick Spainhour      For       For        Management
1.5   Elect  Director Carolyn Y. Woo            For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CLEVELAND-CLIFFS INC.

Ticker:       CLF            Security ID:  185896107
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John S. Brinzo            For       For        Management
1.2   Elect  Director Ronald C. Cambre          For       For        Management
1.3   Elect  Director Ranko Cucuz               For       For        Management
1.4   Elect  Director David H. Gunning          For       For        Management
1.5   Elect  Director James D. Ireland III      For       For        Management
1.6   Elect  Director Francis R. McAllister     For       For        Management
1.7   Elect  Director John C. Morley            For       For        Management
1.8   Elect  Director Stephen B. Oresman        For       For        Management
1.9   Elect  Director Roger Phillips            For       For        Management
1.10  Elect  Director Richard K. Riederer       For       For        Management
1.11  Elect  Director Alan Schwartz             For       For        Management


--------------------------------------------------------------------------------

CNA FINANCIAL CORP.

Ticker:       CNA            Security ID:  126117100
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Walter L. Harris          For       For        Management
1.2   Elect  Director Stephen W. Lilienthal     For       For        Management
1.3   Elect  Director Paul J. Liska             For       For        Management
1.4   Elect  Director Don M. Randel             For       For        Management
1.5   Elect  Director Joseph Rosenberg          For       For        Management
1.6   Elect  Director James S. Tisch            For       For        Management
1.7   Elect  Director Preston R. Tisch          For       For        Management
1.8   Elect  Director Marvin Zonis              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CONSTELLATION BRANDS, INC.

Ticker:       STZ.B          Security ID:  21036P108
Meeting Date: JUL 15, 2003   Meeting Type: Annual
Record Date:  MAY 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas C. McDermott as     For       For        Management
      Class A Stock Director
1.2   Elect Director Paul L. Smith as Class A   For       For        Management
      Stock Director
1.3   Elect Director George Bresler as Class B  For       For        Management
      Stock Director
1.4   Elect Director Jeananne K. Hauswald as    For       For        Management
      Class B Stock Director
1.5   Elect Director James A. Locke III as      For       For        Management
      Class B Stock Director
1.6   Elect Director Richard Sands, Ph.D. as    For       For        Management
      Class B Stock Director
1.7   Elect Director Robert Sands as Class B    For       For        Management
      Stock Director
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CROWN HOLDINGS, INC.

Ticker:       CCK            Security ID:  228368106
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jenne K. Britell          For       For        Management
1.2   Elect  Director John W. Conway            For       For        Management
1.3   Elect  Director G. Fred DiBona, Jr.       For       For        Management
1.4   Elect  Director Arnold W. Donald          For       For        Management
1.5   Elect  Director Marie L. Garibaldi        For       For        Management
1.6   Elect  Director William G. Little         For       For        Management
1.7   Elect  Director Hans J. Loliger           For       For        Management
1.8   Elect  Director Thomas A. Ralph           For       For        Management
1.9   Elect  Director Hugues du Rouret          For       For        Management
1.10  Elect  Director Alan W. Rutherford        For       For        Management
1.11  Elect  Director Harold A. Sorgenti        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

EATON CORP.

Ticker:       ETN            Security ID:  278058102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Critelli       For       For        Management
1.2   Elect  Director Ernie Green               For       For        Management
1.3   Elect  Director Kiran M. Patel            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EVEREST RE GROUP LTD

Ticker:       RE             Security ID:  G3223R108
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kenneth J. Duffy          For       For        Management
1.2   Elect  Director Joseph V. Taranto         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FEDERATED DEPARTMENT STORES, INC.

Ticker:       FD             Security ID:  31410H101
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sara Levinson             For       For        Management
1.2   Elect  Director Joseph Neubauer           For       For        Management
1.3   Elect  Director Joseph A. Pichler         For       For        Management
1.4   Elect  Director Karl M. von der Heyden    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

FOOT LOCKER INC

Ticker:       FL             Security ID:  344849104
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James E. Preston          For       For        Management
1.2   Elect  Director Matthew D. Serra          For       For        Management
1.3   Elect  Director Christopher A. Sinclair   For       For        Management
1.4   Elect  Director Dona D. Young             For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HARRIS CORP.

Ticker:       HRS            Security ID:  413875105
Meeting Date: OCT 24, 2003   Meeting Type: Annual
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph L. Dionne           For       For        Management
1.2   Elect Director David B. Rickard           For       For        Management
1.3   Elect Director Gregory T. Swienton        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HELIX TECHNOLOGY CORP.

Ticker:       HELX           Security ID:  423319102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gideon Argov              For       For        Management
1.2   Elect  Director Frank Gabron              For       For        Management
1.3   Elect  Director Robert H. Hayes           For       For        Management
1.4   Elect  Director Robert J. Lepofsky        For       For        Management
1.5   Elect  Director Marvin G. Schorr          For       For        Management
1.6   Elect  Director Alfred Woollacott, III    For       For        Management
1.7   Elect  Director Mark S. Wrighton          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

HILTON HOTELS CORP.

Ticker:       HLT            Security ID:  432848109
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. Steven Crown           For       For        Management
1.2   Elect  Director David Michels             For       For        Management
1.3   Elect  Director John H. Myers             For       For        Management
1.4   Elect  Director Donna F. Tuttle           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Incentive Bonus Plan              For       For        Management
5     Declassify the Board of Directors         Against   Against    Shareholder
6     Require Majority of Independent Directors Against   For        Shareholder
      on Board


--------------------------------------------------------------------------------

HUDSON UNITED BANCORP

Ticker:       HU             Security ID:  444165104
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Burke           For       For        Management
1.2   Elect  Director Joan David                For       For        Management
2     Amend Restricted  Stock Plan              For       For        Management
3     Limit Awards to Executives                Against   Against    Shareholder


--------------------------------------------------------------------------------

INVISION TECHNOLOGIES, INC.

Ticker:       INVN           Security ID:  461851107
Meeting Date: JUN 25, 2004   Meeting Type: Special
Record Date:  MAY 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


--------------------------------------------------------------------------------

ITT INDUSTRIES, INC.

Ticker:       ITT            Security ID:  450911102
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Ratify Auditors                           For       For        Management
2.1   Elect  Director Louis J. Giuliano         For       For        Management
2.2   Elect  Director Curtis J. Crawford        For       For        Management
2.3   Elect  Director Christina A. Gold         For       For        Management
2.4   Elect  Director Ralph F. Hake             For       For        Management
2.5   Elect  Director John J. Hamre             For       For        Management
2.6   Elect  Director Raymond W. LeBoeuf        For       For        Management
2.7   Elect  Director Frank T. MacInnis         For       For        Management
2.8   Elect  Director Linda S. Sanford          For       For        Management
2.9   Elect  Director Markos I. Tambakeras      For       For        Management


--------------------------------------------------------------------------------

JARDEN CORP.

Ticker:       JAH            Security ID:  471109108
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ian G.H. Ashken           For       For        Management
1.2   Elect  Director Richard L. Molen          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


--------------------------------------------------------------------------------

LAFARGE NORTH  AMERICA INC.

Ticker:       LAF            Security ID:  505862102
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marshall A. Cohen         For       Did Not    Management
                                                          Vote
1.2   Elect  Director Bertrand P. Collomb       For       Did Not    Management
                                                          Vote
1.3   Elect  Director Philippe P. Dauman        For       Did Not    Management
                                                          Vote
1.4   Elect  Director Bernard L. Kasriel        For       Did Not    Management
                                                          Vote
1.5   Elect  Director Bruno Lafont              For       Did Not    Management
                                                          Vote
1.6   Elect  Director Claudine B. Malone        For       Did Not    Management
                                                          Vote
1.7   Elect  Director Blythe J. McGarvie        For       Did Not    Management
                                                          Vote
1.8   Elect  Director James M. Micali           For       Did Not    Management
                                                          Vote
1.9   Elect  Director Gwyn Morgan               For       Did Not    Management
                                                          Vote
1.10  Elect  Director Robert W. Murdoch         For       Did Not    Management
                                                          Vote
1.11  Elect  Director Bertin F. Nadeau          For       Did Not    Management
                                                          Vote
1.12  Elect  Director John D. Redfern           For       Did Not    Management
                                                          Vote
1.13  Elect  Director Philippe R. Rollier       For       Did Not    Management
                                                          Vote
1.14  Elect  Director Michel Rose               For       Did Not    Management
                                                          Vote
1.15  Elect  Director Lawrence M. Tanenbaum     For       Did Not    Management
                                                          Vote
1.16  Elect  Director Gerald H. Taylor          For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

LIFEPOINT HOSPITALS, INC.

Ticker:       LPNT           Security ID:  53219L109
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director DeWitt Ezell, Jr.         For       For        Management
1.2   Elect  Director William V. Lapham         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LOUISIANA-PACIFIC CORP

Ticker:       LPX            Security ID:  546347105
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dustan E. McCoy           For       For        Management
1.2   Elect  Director Lee C. Simpson            For       For        Management
1.3   Elect  Director Colin D. Watson           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Amend Executive Incentive Bonus Plan      For       For        Management
6     Ratify Auditors                           For       For        Management
7     Separate Chairman and CEO Positions       Against   For        Shareholder
8     Report on Greenhouse Gas Emissions        Against   Against    Shareholder


--------------------------------------------------------------------------------

MATTEL, INC.

Ticker:       MAT            Security ID:  577081102
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eugene P. Beard           For       For        Management
1.2   Elect  Director Michael J. Dolan          For       For        Management
1.3   Elect  Director Robert A. Eckert          For       For        Management
1.4   Elect  Director Tully M. Friedman         For       For        Management
1.5   Elect  Director Ronald M. Loeb            For       For        Management
1.6   Elect  Director Andrea L. Rich            For       For        Management
1.7   Elect  Director Ronald L. Sargent         For       For        Management
1.8   Elect  Director Christopher A. Sinclair   For       For        Management
1.9   Elect  Director G. Craig Sullivan         For       For        Management
1.10  Elect  Director John L. Vogelstein        For       For        Management
1.11  Elect  Director Kathy Brittain White      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Awards to Executives                Against   Against    Shareholder
4     Prohibit Auditor from Providing Non-Audit Against   Against    Shareholder
      Services


--------------------------------------------------------------------------------

MAX RE CAPITAL LTD HAMILTON

Ticker:       MXRE           Security ID:  G6052F103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO ELECT JOHN R. BARBER TO THE BOARD OF   For       For        Management
      DIRECTORS OF MAX RE CAPITAL LTD.
2     TO ELECT W. MARSTON BECKER TO THE BOARD   For       For        Management
      OF DIRECTORS OF MAX RE CAPITAL LTD.
3     TO ELECT ROBERT J. COONEY TO THE BOARD OF For       For        Management
      DIRECTORS OF MAX RE CAPITAL LTD.
4     TO ELECT MARIO P. TORSIELLO TO THE BOARD  For       For        Management
      OF DIRECTORS OF MAX RE CAPITAL LTD.
5     Ratify Auditors                           For       For        Management
6     TO ELECT JOHN R. BARBER TO THE BOARD OF   For       For        Management
      DIRECTORS OF MAX RE LTD.
7     TO ELECT W. MARSTON BECKER TO THE BOARD   For       For        Management
      OF DIRECTORS OF MAX RE LTD.
8     TO ELECT ROBERT J. COONEY TO THE BOARD OF For       For        Management
      DIRECTORS OF MAX RE LTD.
9     TO ELECT MARIO P. TORSIELLO TO THE BOARD  For       For        Management
      OF DIRECTORS OF MAX RE LTD.
10    Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MCAFEE INC.

Ticker:       MFE            Security ID:  640938106
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Dutkowsky          For       For        Management
1.2   Elect  Director Denis O'Leary             For       For        Management
1.3   Elect  Director Robert Pangia             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NBTY, INC.

Ticker:       NTY            Security ID:  628782104
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arthur Rudolph            For       For        Management
1.2   Elect  Director Glenn Cohen               For       For        Management
1.3   Elect  Director Michael L. Ashner         For       For        Management
1.4   Elect  Director Michael C. Slade          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NISOURCE INC.

Ticker:       NI             Security ID:  65473P105
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven C. Beering         For       For        Management
1.2   Elect  Director Dennis E. Foster          For       For        Management
1.3   Elect  Director Richard L. Thompson       For       For        Management
1.4   Elect  Director Carolyn Y. Woo            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PACCAR INC.

Ticker:       PCAR           Security ID:  693718108
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David K. Newbigging       For       For        Management
1.2   Elect  Director Harry C. Stonecipher      For       For        Management
1.3   Elect  Director Harold A. Wagner          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Deferred Compensation Plan          For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Limit Awards to Executives                Against   Against    Shareholder


--------------------------------------------------------------------------------

PEABODY ENERGY CORP.

Ticker:       BTU            Security ID:  704549104
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William A. Coley          For       For        Management
1.2   Elect  Director Irl F. Engelhardt         For       For        Management
1.3   Elect  Director William C. Rusnack        For       For        Management
1.4   Elect  Director Alan H. Washkowitz        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Require Majority of Independent Directors Against   Against    Shareholder
      on Board


--------------------------------------------------------------------------------

PENN NATIONAL GAMING, INC.

Ticker:       PENN           Security ID:  707569109
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert P. Levy            For       For        Management
1.2   Elect  Director Barbara Z. Shattuck       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PENTAIR, INC.

Ticker:       PNR            Security ID:  709631105
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Glynis A. Bryan           For       For        Management
1.2   Elect  Director David A. Jones            For       For        Management
1.3   Elect  Director William T. Monahan        For       For        Management
1.4   Elect  Director Karen E. Welke            For       For        Management
2     Approve Outside Director Stock Options in For       For        Management
      Lieu of Cash
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Employee Stock Purchase Plan      For       For        Management
5     Approve Employee Stock Purchase Plan      For       For        Management
6     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PEPSI BOTTLING GROUP, INC., THE

Ticker:       PBG            Security ID:  713409100
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Linda G. Alvarado         For       For        Management
1.2   Elect  Director Barry H. Beracha          For       For        Management
1.3   Elect  Director John T. Cahill            For       For        Management
1.4   Elect  Director Ira D. Hall               For       For        Management
1.5   Elect  Director Thomas H. Kean            For       For        Management
1.6   Elect  Director Susan D. Kronick          For       For        Management
1.7   Elect  Director Blythe J. McGarvie        For       For        Management
1.8   Elect  Director Margaret D. Moore         For       For        Management
1.9   Elect  Director Rogelio Rebolledo         For       For        Management
1.10  Elect  Director Clay G. Small             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PIONEER NATURAL RESOURCES CO.

Ticker:       PXD            Security ID:  723787107
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Hartwell Gardner       For       For        Management
1.2   Elect  Director James L. Houghton         For       For        Management
1.3   Elect  Director Linda K. Lawson           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

POLO RALPH LAUREN CORP.

Ticker:       RL             Security ID:  731572103
Meeting Date: AUG 14, 2003   Meeting Type: Annual
Record Date:  JUN 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arnold H. Aronson as Class For       For        Management
      A Director
1.2   Elect Director Dr. Joyce F. Brown as      For       For        Management
      Class A Director
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

POPULAR INC.

Ticker:       BPOP           Security ID:  733174106
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jose B. Carrion Jr.       For       For        Management
1.2   Elect  Director Manuel Morales Jr.        For       For        Management
1.3   Elect  Director Jose R. Vizcarrondo       For       For        Management
1.4   Elect  Director Maria Luisa Ferre         For       For        Management
1.5   Elect  Director Frederic V. Salerno       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Increase Authorized Preferred Stock       For       For        Management
5     Amend Articles                            For       For        Management
6     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

PPG INDUSTRIES, INC.

Ticker:       PPG            Security ID:  693506107
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James G. Berges           For       Did Not    Management
                                                          Vote
1.2   Elect  Director Erroll B. Davis, Jr.      For       Did Not    Management
                                                          Vote
1.3   Elect  Director Victoria F. Haynes        For       Did Not    Management
                                                          Vote
1.4   Elect  Director Allen J. Krowe            For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

RADIAN GROUP INC.

Ticker:       RDN            Security ID:  750236101
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James W. Jennings         For       For        Management
1.2   Elect  Director Roy J. Kasmar             For       For        Management
1.3   Elect  Director Herbert Wender            For       For        Management
1.4   Elect  Director Jan Nicholson             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Articles                            For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

RENAISSANCERE HOLDINGS LTD.

Ticker:       RNR            Security ID:  G7496G103
Meeting Date: MAY 28, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Hecht          For       For        Management
1.2   Elect  Director William I. Riker          For       For        Management
1.3   Elect  Director Nicholas L. Trivisonno    For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ROHM AND HAAS CO.

Ticker:       ROH            Security ID:  775371107
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William J. Avery          For       Did Not    Management
                                                          Vote
1.2   Elect  Director J. Michael Fitzpatrick    For       Did Not    Management
                                                          Vote
1.3   Elect  Director Earl G. Graves, Sr.       For       Did Not    Management
                                                          Vote
1.4   Elect  Director Raj L. Gupta              For       Did Not    Management
                                                          Vote
1.5   Elect  Director David W. Haas             For       Did Not    Management
                                                          Vote
1.6   Elect  Director Thomas W. Haas            For       Did Not    Management
                                                          Vote
1.7   Elect  Director James A. Henderson        For       Did Not    Management
                                                          Vote
1.8   Elect  Director Richard L. Keyser         For       Did Not    Management
                                                          Vote
1.9   Elect  Director Jorge P. Montoya          For       Did Not    Management
                                                          Vote
1.10  Elect  Director Sandra O. Moose           For       Did Not    Management
                                                          Vote
1.11  Elect  Director Gilbert S. Omenn          For       Did Not    Management
                                                          Vote
1.12  Elect  Director Gary L. Rogers            For       Did Not    Management
                                                          Vote
1.13  Elect  Director Ronaldo H. Schmitz        For       Did Not    Management
                                                          Vote
1.14  Elect  Director Marna C. Whittington      For       Did Not    Management
                                                          Vote
2     Approve Executive Incentive Bonus Plan    For       Did Not    Management
                                                          Vote
3     Approve Executive Incentive Bonus Plan    For       Did Not    Management
                                                          Vote
4     Amend Omnibus Stock Plan                  For       Did Not    Management
                                                          Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6     Other Business                            For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ROSLYN BANCORP, INC.

Ticker:       RSLN           Security ID:  778162107
Meeting Date: OCT 29, 2003   Meeting Type: Special
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

SAFECO CORP.

Ticker:       SAFC           Security ID:  786429100
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert S. Cline           For       For        Management
1.2   Elect  Director G. Thompson Hutton        For       For        Management
1.3   Elect  Director William W. Krippaehne,    For       For        Management
      Jr.
1.4   Elect  Director Michael S. McGavick       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

SCANA CORPORATION

Ticker:       SCG            Security ID:  80589M102
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William B. Bookhart, Jr   For       For        Management
1.2   Elect  Director W. Hayne Hipp             For       For        Management
1.3   Elect  Director Harold C. Stowe           For       For        Management
1.4   Elect  Director G. Smedes York            For       For        Management
2     Approve Outside Director Stock Awards in  For       For        Management
      Lieu of Cash
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SELECT MEDICAL CORP.

Ticker:       SEM            Security ID:  816196109
Meeting Date: MAY 10, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Russell L. Carson         For       For        Management
1.2   Elect  Director Rocco A. Ortenzio         For       For        Management
1.3   Elect  Director Leopold Swergold          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SERVICE CORPORATION INTERNATIONAL

Ticker:       SRV            Security ID:  817565104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan R. Buckwalter III    For       For        Management
1.2   Elect  Director S. Malcolm Gillis         For       For        Management
1.3   Elect  Director B.D. Hunter               For       For        Management
1.4   Elect  Director Victor L. Lund            For       For        Management
1.5   Elect  Director John W. Mecom, Jr.        For       For        Management
1.6   Elect  Director Thomas L. Ryan            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

SOVEREIGN BANCORP, INC.

Ticker:       SOV            Security ID:  845905108
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Andrew C. Hove, Jr.       For       For        Management
1.2   Elect  Director Daniel K. Rothermel       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Approve Stock Plan and Employee Stock     For       For        Management
      Purchase Plan
5     Approve Bonus Plan                        For       For        Management


--------------------------------------------------------------------------------

STORAGE TECHNOLOGY CORP.

Ticker:       STK            Security ID:  862111200
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Adams            For       For        Management
1.2   Elect  Director Charles E. Foster         For       For        Management
1.3   Elect  Director Mercedes Johnson          For       For        Management
1.4   Elect  Director William T. Kerr           For       For        Management
1.5   Elect  Director Robert E. Lee             For       For        Management
1.6   Elect  Director Patrick J. Martin         For       For        Management
1.7   Elect  Director Judy C. Odom              For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Provide for Cumulative Voting             Against   Against    Shareholder


--------------------------------------------------------------------------------

TALBOTS, INC., THE

Ticker:       TLB            Security ID:  874161102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arnold B. Zetcher         For       For        Management
1.2   Elect  Director John W. Gleeson           For       For        Management
1.3   Elect  Director Elizabeth T. Kennan       For       For        Management
1.4   Elect  Director Yoichi Kimura             For       For        Management
1.5   Elect  Director Motoya Okada              For       For        Management
1.6   Elect  Director Gary M. Pfeiffer          For       For        Management
1.7   Elect  Director Susan M. Swain            For       For        Management
1.8   Elect  Director Toshiji Tokiwa            For       For        Management
1.9   Elect  Director Isao Tsuruta              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TALISMAN ENERGY INC.

Ticker:       TLM.           Security ID:  87425E103
Meeting Date: MAY 4, 2004    Meeting Type: Annual/Special
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Douglas D. Baldwin, James W.        For       For        Management
      Buckee, Kevin S. Dunne, Al L. Flood, Dale
      G. Parker, Lawrence G. Tapp, Stella M.
      Thompson, Robert G. Welty, Charles W.
      Wilson as Directors
2     Ratify Auditors                           For       For        Management
3     Approve 3:1 Stock Split                   For       For        Management


--------------------------------------------------------------------------------

TOMMY HILFIGER CORP.

Ticker:       TOM            Security ID:  G8915Z102
Meeting Date: NOV 3, 2003    Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect David F. Dyer and Clinton V. Silver For       For        Management
      as a Directors
2     Approve 2003 Incentive Compensation Plan  For       For        Management
3     Ratify PricewaterhouseCoopers LLC as      For       For        Management
      Auditors
4     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

TXU CORP.

Ticker:       TXU            Security ID:  873168108
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Derek C. Bonham           For       For        Management
1.2   Elect  Director E. Gail de Planque        For       For        Management
1.3   Elect  Director William M. Griffin        For       For        Management
1.4   Elect  Director Kerney Laday              For       For        Management
1.5   Elect  Director Jack E. Little            For       For        Management
1.6   Elect  Director Erle Nye                  For       For        Management
1.7   Elect  Director J.E. Oesterreicher        For       For        Management
1.8   Elect  Director Michael W. Ranger         For       For        Management
1.9   Elect  Director Herbert H. Richardson     For       For        Management
1.10  Elect  Director C. John Wilder            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

VALEANT PHARMACEUTICALS INTL.

Ticker:       VRX            Security ID:  91911X104
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward A. Burkhardt       For       For        Management
1.2   Elect  Director Timothy C. Tyson          For       For        Management
1.3   Elect  Director Elaine S. Ullian          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WASHINGTON GROUP INTERNATIONAL INC

Ticker:       WGII           Security ID:  938862208
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Declassify the Board of Directors         For       Against    Management
2.1   Elect  Director Stephen G. Hanks          For       For        Management
2.2   Elect  Director Michael P. Monaco         For       For        Management
2.3   Elect  Director Cordell Reed              For       For        Management
2.4   Elect  Director Bettina M. Whyte          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

WISCONSIN ENERGY CORP.

Ticker:       WEC            Security ID:  976657106
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  FEB 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert A. Cornog          For       For        Management
1.2   Elect  Director Gale E. Klappa            For       For        Management
1.3   Elect  Director Frederick P. Stratton,    For       For        Management
      Jr.
2     Declassify the Board of Directors         For       Against    Management




======================= BLACKROCK MONEY MARKET PORTFOLIO =======================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


================== BLACKROCK MUNICIPAL MONEY MARKET PORTFOLIO ==================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


============ BLACKROCK NEW JERSEY MUNICIPAL MONEY MARKET PORTFOLIO =============

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


================ BLACKROCK NEW JERSEY TAX-FREE INCOME PORTFOLIO ================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


========== BLACKROCK NORTH CAROLINA MUNICIPAL MONEY MARKET PORTFOLIO ===========

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


=============== BLACKROCK OHIO MUNICIPAL MONEY MARKET PORTFOLIO ================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


=================== BLACKROCK OHIO TAX-FREE INCOME PORTFOLIO ===================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


=========== BLACKROCK PENNSYLVANIA MUNICIPAL MONEY MARKET PORTFOLIO ============

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


=============== BLACKROCK PENNSYLVANIA TAX-FREE INCOME PORTFOLIO ===============

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


====================== BLACKROCK SELECT EQUITY PORTFOLIO =======================

ITEM 1 PROXY VOTING RECORD

ACE LTD.

Ticker:       ACE            Security ID:  G0070K103
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Brian Duperreault         For       For        Management
1.2   Elect  Director Robert M. Hernandez       For       For        Management
1.3   Elect  Director Peter Menikoff            For       For        Management
1.4   Elect  Director Robert Ripp               For       For        Management
1.5   Elect  Director Dermot F. Smurfit         For       For        Management
2     PROPOSAL TO APPROVE THE ACE LIMITED 2004  For       For        Management
      LONG-TERM INCENTIVE PLAN.
3     PROPOSAL TO RATIFY THE APPOINTMENT OF     For       For        Management
      PRICEWATERHOUSECOOPERS LLP AS THE
      INDEPENDENT ACCOUNTANTS OF ACE LIMITED
      FOR THE FISCAL YEAR ENDING DECEMBER 31,
      2004.


--------------------------------------------------------------------------------

ALCOA INC.

Ticker:       AA             Security ID:  013817101
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alain J.P. Belda          For       For        Management
1.2   Elect  Director Carlos Ghosn              For       For        Management
1.3   Elect  Director Henry B. Schacht          For       For        Management
1.4   Elect  Director Franklin A. Thomas        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Report on Pay Disparity                   Against   Against    Shareholder
4     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

ALLSTATE CORP., THE

Ticker:       ALL            Security ID:  020002101
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     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     Amend Executive Incentive Bonus Plan      For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Provide for Cumulative Voting             Against   Against    Shareholder


--------------------------------------------------------------------------------

ALTRIA GROUP, INC.

Ticker:       MO             Security ID:  02209S103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Elizabeth E. Bailey       For       For        Management
1.2   Elect  Director Mathis Cabiallavetta      For       For        Management
1.3   Elect  Director Louis C. Camilleri        For       For        Management
1.4   Elect  Director J. Dudley Fishburn        For       For        Management
1.5   Elect  Director Robert E. R. Huntley      For       For        Management
1.6   Elect  Director Thomas W. Jones           For       For        Management
1.7   Elect  Director Lucio A. Noto             For       For        Management
1.8   Elect  Director John S. Reed              For       For        Management
1.9   Elect  Director Carlos Slim Helu          For       For        Management
1.10  Elect  Director Stephen M. Wolf           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Product Warnings for Pregnant   Against   Against    Shareholder
      Women
4     Report on Health Risks Associated with    Against   Against    Shareholder
      Cigarette Filters
5     Political Contributions/Activities        Against   Against    Shareholder
6     Cease Use of Light and Ultra Light in     Against   Against    Shareholder
      Cigarette Marketing
7     Place Canadian Style Warnings on          Against   Against    Shareholder
      Cigarette Packaging
8     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

AMERICAN INTERNATIONAL GROUP, INC.

Ticker:       AIG            Security ID:  026874107
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director M. Bernard Aidinoff       For       For        Management
1.2   Elect  Director Pei-Yuan Chia             For       For        Management
1.3   Elect  Director Marshall A. Cohen         For       For        Management
1.4   Elect  Director Willaim S. Cohen          For       For        Management
1.5   Elect  Director Martin S. Feldstein       For       For        Management
1.6   Elect  Director Ellen V. Futter           For       For        Management
1.7   Elect  Director Maurice R. Greenberg      For       For        Management
1.8   Elect  Director Carla A. Hills            For       For        Management
1.9   Elect  Director Frank J. Hoenemeyer       For       For        Management
1.10  Elect  Director Richard C. Holbrooke      For       For        Management
1.11  Elect  Director Donald P. Kanak           For       For        Management
1.12  Elect  Director Howard I. Smith           For       For        Management
1.13  Elect  Director Martin J. Sullivan        For       For        Management
1.14  Elect  Director Edmund S.W. Tse           For       For        Management
1.15  Elect  Director Frank G. Zarb             For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Divest from Tobacco Equities              Against   Against    Shareholder
7     Link Executive Compensation to Predatory  Against   Against    Shareholder
      Lending


--------------------------------------------------------------------------------

AMGEN, INC.

Ticker:       AMGN           Security ID:  031162100
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank J. Biondi, Jr.      For       For        Management
1.2   Elect  Director Jerry D. Choate           For       For        Management
1.3   Elect  Director Frank C. Herringer        For       For        Management
1.4   Elect  Director Gilbert S. Omenn          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prepare Glass Ceiling Report              Against   Against    Shareholder
4     Expense Stock Options                     Against   For        Shareholder


--------------------------------------------------------------------------------

ANTHEM INC.

Ticker:       ATH            Security ID:  03674B104
Meeting Date: JUN 28, 2004   Meeting Type: Special
Record Date:  MAY 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Change Company Name                       For       For        Management


--------------------------------------------------------------------------------

ARROW ELECTRONICS, INC.

Ticker:       ARW            Security ID:  042735100
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel W. Duval           For       For        Management
1.2   Elect  Director John N. Hanson            For       For        Management
1.3   Elect  Director Roger King                For       For        Management
1.4   Elect  Director Karen Gordon Mills        For       For        Management
1.5   Elect  Director William E. Mitchell       For       For        Management
1.6   Elect  Director Stephen C. Patrick        For       For        Management
1.7   Elect  Director Barry W. Perry            For       For        Management
1.8   Elect  Director Richard S. Rosenbloom     For       For        Management
1.9   Elect  Director John C. Waddell           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


--------------------------------------------------------------------------------

BANK OF AMERICA CORP.

Ticker:       BAC            Security ID:  060505104
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 7, 2004

#     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 Donald E. Guinn           For       For        Management
1.8   Elect  Director James H. Hance, Jr.       For       For        Management
1.9   Elect  Director Kenneth D. Lewis          For       For        Management
1.10  Elect  Director Walter E. Massey          For       For        Management
1.11  Elect  Director Thomas J. May             For       For        Management
1.12  Elect  Director C. Steven McMillan        For       For        Management
1.13  Elect  Director Eugene M. McQuade         For       For        Management
1.14  Elect  Director Patricia E. Mitchell      For       For        Management
1.15  Elect  Director Edward L. Romero          For       For        Management
1.16  Elect  Director Thomas M. Ryan            For       For        Management
1.17  Elect  Director O. Temple Sloan, Jr.      For       For        Management
1.18  Elect  Director Meredith R. Spangler      For       For        Management
1.19  Elect  Director Jackie M. Ward            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Change Date of Annual Meeting             Against   Against    Shareholder
4     Adopt Nomination Procedures for the Board Against   Against    Shareholder
5     Charitable Contributions                  Against   Against    Shareholder
6     Establish Independent Committee to Review Against   Against    Shareholder
      Mutual Fund Policy
7     Adopt Standards Regarding Privacy and     Against   Against    Shareholder
      Information Security


--------------------------------------------------------------------------------

BANK ONE CORP.

Ticker:       ONE            Security ID:  06423A103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director John H. Bryan             For       For        Management
2.2   Elect  Director Stephen B. Burke          For       For        Management
2.3   Elect  Director James S. Crown            For       For        Management
2.4   Elect  Director James Dimon               For       For        Management
2.5   Elect  Director Maureen A. Fay            For       For        Management
2.6   Elect  Director Laban P. Jackson, Jr.     For       For        Management
2.7   Elect  Director John W. Kessler           For       For        Management
2.8   Elect  Director Robert I. Lipp            For       For        Management
2.9   Elect  Director Richard A. Manoogian      For       For        Management
2.10  Elect  Director David C. Novak            For       For        Management
2.11  Elect  Director John W. Rogers, Jr.       For       For        Management
2.12  Elect  Director Frederick P. Stratton,    For       For        Management
      Jr.
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BEAR STEARNS COMPANIES INC., THE

Ticker:       BSC            Security ID:  073902108
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James E. Cayne            For       For        Management
1.2   Elect  Director Carl D. Glickman          For       For        Management
1.3   Elect  Director Alan C. Greenberg         For       For        Management
1.4   Elect  Director Donald J. Harrington      For       For        Management
1.5   Elect  Director William L. Mack           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
2     Amend the Capital Accumulation Plan for   For       Against    Management
      Senior Managing Directors
3     Amend Stock Option Plan                   For       Against    Management
4     Approve Restricted Stock Plan             For       Against    Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BECKMAN COULTER, INC.

Ticker:       BEC            Security ID:  075811109
Meeting Date: APR 1, 2004    Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald W. Dollens         For       For        Management
1.2   Elect  Director Charles A. Haggerty       For       For        Management
1.3   Elect  Director William N. Kelley, M.D.   For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

BECTON, DICKINSON AND COMPANY

Ticker:       BDX            Security ID:  075887109
Meeting Date: FEB 11, 2004   Meeting Type: Annual
Record Date:  DEC 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Henry P. Becton, Jr.       For       For        Management
1.2   Elect Director Edward F. DeGraan          For       For        Management
1.3   Elect Director James F. Orr               For       For        Management
1.4   Elect Director Margaretha af Ugglas       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Provide for Cumulative Voting             Against   Against    Shareholder


--------------------------------------------------------------------------------

BELLSOUTH CORP.

Ticker:       BLS            Security ID:  079860102
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James H. Blanchard        For       For        Management
1.2   Elect  Director Armando M. Codina         For       For        Management
1.3   Elect  Director Leo F. Mullin             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Limit Executive Compensation              Against   Against    Shareholder
6     Limit Executive Compensation              Against   Against    Shareholder
7     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


--------------------------------------------------------------------------------

BORDERS GROUP, INC.

Ticker:       BGP            Security ID:  099709107
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joel J. Cohen             For       For        Management
1.2   Elect  Director Robert F. Diromualdo      For       For        Management
1.3   Elect  Director Gregory P. Josefowicz     For       For        Management
1.4   Elect  Director Amy B. Lane               For       For        Management
1.5   Elect  Director Victor L. Lund            For       For        Management
1.6   Elect  Director Dr. Edna Greene Medford   For       For        Management
1.7   Elect  Director George R. Mrkonic         For       For        Management
1.8   Elect  Director Lawrence I. Pollock       For       For        Management
1.9   Elect  Director Beth M. Pritchard         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BOSTON SCIENTIFIC CORP.

Ticker:       BSX            Security ID:  101137107
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ursula M. Burns           For       For        Management
1.2   Elect  Director Marye Anne Fox            For       For        Management
1.3   Elect  Director N.J. Nicholas, Jr.        For       For        Management
1.4   Elect  Director John E. Pepper            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BRUNSWICK CORP.

Ticker:       BC             Security ID:  117043109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nolan D. Archibald        For       For        Management
1.2   Elect  Director Jeffrey L. Bleustein      For       For        Management
1.3   Elect  Director Graham H. Phillips        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BURLINGTON NORTHERN SANTA FE CORP.

Ticker:       BNI            Security ID:  12189T104
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan L. Boeckmann         For       For        Management
1.2   Elect  Director Vilma S. Martinez         For       For        Management
1.3   Elect  Director Marc F. Racicot           For       For        Management
1.4   Elect  Director Roy S. Roberts            For       For        Management
1.5   Elect  Director Matthew K. Rose           For       For        Management
1.6   Elect  Director Marc J. Shapiro           For       For        Management
1.7   Elect  Director J.C. Watts, Jr.           For       For        Management
1.8   Elect  Director Robert H. West            For       For        Management
1.9   Elect  Director J. Steven Whisler         For       For        Management
1.10  Elect  Director Edward E. Whitacre, Jr.   For       For        Management
1.11  Elect  Director Michael B. Yanney         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CAPITAL ONE FINANCIAL CORP.

Ticker:       COF            Security ID:  14040H105
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  FEB 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Ronald Dietz           For       For        Management
1.2   Elect  Director Lewis Hay, III            For       For        Management
1.3   Elect  Director Mayo A. Shattuck, III     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

CENDANT CORPORATION

Ticker:       CD             Security ID:  151313103
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director The Right Honourable      For       For        Management
      Brian Mulroney
1.2   Elect  Director Ronald L. Nelson          For       For        Management
1.3   Elect  Director Robert W. Pittman         For       For        Management
1.4   Elect  Director Myra J. Biblowit          For       For        Management
1.5   Elect  Director Sheli Z. Rosenberg        For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Separate Chairman and CEO Positions       Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

CENTEX CORP.

Ticker:       CTX            Security ID:  152312104
Meeting Date: JUL 17, 2003   Meeting Type: Annual
Record Date:  MAY 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dan W. Cook III            For       For        Management
1.2   Elect Director Thomas J. Falk             For       For        Management
1.3   Elect Director Laurence E. Hirsch         For       For        Management
1.4   Elect Director Thomas M. Schoewe          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CENTEX CORP.

Ticker:       CTX            Security ID:  152312104
Meeting Date: FEB 25, 2004   Meeting Type: Special
Record Date:  JAN 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management
2     Approve Merger Agreement                  For       For        Management
3     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

CHEVRONTEXACO CORP.

Ticker:       CVX            Security ID:  166764100
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     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 J. Bennett Johnston       For       For        Management
1.8   Elect  Director Sam Nunn                  For       For        Management
1.9   Elect  Director David J. O'Reilly         For       For        Management
1.10  Elect  Director Peter J. Robertson        For       For        Management
1.11  Elect  Director Charles R. Shoemate       For       For        Management
1.12  Elect  Director Carl Ware                 For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt Shareholder Rights Plan (Poison     For       For        Management
      Pill) Policy
4     Amend Omnibus Stock Plan                  For       For        Management
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Require Affirmative Vote of a Majority of Against   Against    Shareholder
      the Shares to Elect Directors
8     Report on Health and Environmental        Against   Against    Shareholder
      Initiatives in Ecuador
9     Report on Renewable Energy                Against   Against    Shareholder


--------------------------------------------------------------------------------

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R102
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Carol A. Bartz             For       For        Management
1.2   Elect Director Larry R. Carter            For       For        Management
1.3   Elect Director John T. Chambers           For       For        Management
1.4   Elect Director Dr. James F. Gibbons       For       For        Management
1.5   Elect Director Dr. John L. Hennessy       For       For        Management
1.6   Elect Director Roderick C. McGeary        For       For        Management
1.7   Elect Director James C. Morgan            For       For        Management
1.8   Elect Director John P. Morgridge          For       For        Management
1.9   Elect Director Donald T. Valentine        For       For        Management
1.10  Elect Director Steven M. West             For       For        Management
1.11  Elect Director Jerry Yang                 For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Company Products Used by the    Against   Against    Shareholder
      Government to Monitor the Internet
5     Report on Pay Disparity                   Against   Against    Shareholder


--------------------------------------------------------------------------------

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director C. Michael Armstrong      For       For        Management
1.2   Elect  Director Alain J.P. Belda          For       For        Management
1.3   Elect  Director George David              For       For        Management
1.4   Elect  Director Kenneth T. Derr           For       For        Management
1.5   Elect  Director John M. Deutch            For       For        Management
1.6   Elect  Director Roberto Hernandez Ramirez For       For        Management
1.7   Elect  Director Ann Dibble Jordan         For       For        Management
1.8   Elect  Director Dudley C. Mecum           For       For        Management
1.9   Elect  Director Richard D. Parsons        For       For        Management
1.10  Elect  Director Andrall E. Pearson        For       For        Management
1.11  Elect  Director Charles Prince            For       For        Management
1.12  Elect  Director Robert E. Rubin           For       For        Management
1.13  Elect  Director Franklin A. Thomas        For       For        Management
1.14  Elect  Director Sanford I. Weill          For       For        Management
1.15  Elect  Director Robert B. Willumstad      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Separate Chairman and CEO Positions       Against   Against    Shareholder


--------------------------------------------------------------------------------

CNF INC.

Ticker:       CNF            Security ID:  12612W104
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Keith Kennedy, Jr.     For       For        Management
1.2   Elect  Director John C. Pope              For       For        Management
1.3   Elect  Director Gregory L. Quesnel        For       For        Management
1.4   Elect  Director Peter W. Stott            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COCA-COLA COMPANY, THE

Ticker:       KO             Security ID:  191216100
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     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
1.5   Elect  Director Douglas N. Daft           For       For        Management
1.6   Elect  Director Barry Diller              For       For        Management
1.7   Elect  Director Donald R. Keough          For       For        Management
1.8   Elect  Director Susan Bennett King        For       For        Management
1.9   Elect  Director Maria Elena Lagomasino    For       For        Management
1.10  Elect  Director Donald F. Mchenry         For       For        Management
1.11  Elect  Director Robert L. Nardelli        For       For        Management
1.12  Elect  Director Sam Nunn                  For       For        Management
1.13  Elect  Director J. Pedro Reinhard         For       For        Management
1.14  Elect  Director James D. Robinson III     For       For        Management
1.15  Elect  Director Peter V. Ueberroth        For       For        Management
1.16  Elect  Director James B. Williams         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Operational Impact of HIV/AIDS  For       For        Shareholder
      Pandemic
4     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
5     Prohibit Awards to Executives             Against   Against    Shareholder
6     Submit Executive Compensation to Vote     Against   For        Shareholder
7     Submit Executive Compensation to Vote     Against   Against    Shareholder
8     Implement China Principles                Against   Against    Shareholder
9     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

COCA-COLA ENTERPRISES INC.

Ticker:       CCE            Security ID:  191219104
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John R. Alm               For       For        Management
1.2   Elect  Director J. Trevor Eyton           For       For        Management
1.3   Elect  Director Gary P. Fayard            For       For        Management
1.4   Elect  Director L. Phillip Humann         For       For        Management
1.5   Elect  Director Paula G. Rosput           For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Deferred Compensation Plan          For       For        Management
5     Approve Employee Stock Purchase Plan      For       For        Management
6     Approve Employee Stock Purchase Plan      For       For        Management
7     Ratify Auditors                           For       For        Management
8     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
9     Report on Recycling Policy                Against   Against    Shareholder


--------------------------------------------------------------------------------

COMCAST CORP.

Ticker:       CMCSA          Security ID:  20030N101
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director S. Decker Anstrom         For       For        Management
1.2   Elect  Director C. Michael Armstrong      For       For        Management
1.3   Elect  Director Kenneth J. Bacon          For       For        Management
1.4   Elect  Director Sheldon M. Bonovitz       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 J. Michael Cook           For       For        Management
1.8   Elect  Director Brian L. Roberts          For       For        Management
1.9   Elect  Director Ralph J. Roberts          For       For        Management
1.10  Elect  Director Dr. Judith Rodin          For       For        Management
1.11  Elect  Director Michael I. Sovern         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Restricted Stock Plan               For       For        Management
4     Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
5     Require Two-Thirds Majority of            Against   For        Shareholder
      Independent Directors on Board
6     Political Contributions/Activities        Against   Against    Shareholder
7     Nominate Two Directors for every open     Against   Against    Shareholder
      Directorships
8     Limit Executive Compensation              Against   Against    Shareholder
9     Adopt a Recapitalization Plan             Against   For        Shareholder


--------------------------------------------------------------------------------

COMPUTER SCIENCES CORPORATION

Ticker:       CSC            Security ID:  205363104
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Irving W. Bailey, II       For       For        Management
1.2   Elect Director Stephen L. Baum            For       For        Management
1.3   Elect Director Rodney F. Chase            For       For        Management
1.4   Elect Director Van B. Honeycutt           For       For        Management
1.5   Elect Director William R. Hoover          For       For        Management
1.6   Elect Director Leon J. Level              For       For        Management
1.7   Elect Director Thomas A. McDonnell        For       For        Management
1.8   Elect Director F. Warren McFarlan         For       For        Management
1.9   Elect Director James R. Mellor            For       For        Management
1.10  Elect Director William P. Rutledge        For       For        Management


--------------------------------------------------------------------------------

CONOCOPHILLIPS

Ticker:       COP            Security ID:  20825C104
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Boren            For       For        Management
1.2   Elect  Director James E. Copeland, Jr.    For       For        Management
1.3   Elect  Director Kenneth M. Duberstein     For       For        Management
1.4   Elect  Director Ruth R. Harkin            For       For        Management
1.5   Elect  Director William R. Rhodes         For       For        Management
1.6   Elect  Director J. Stapleton Roy          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder
5     Limit Executive Compensation              Against   Against    Shareholder
6     Report on Drilling in the Arctic National Against   Against    Shareholder
      Wildlife Refuge


--------------------------------------------------------------------------------

CONSTELLATION BRANDS, INC.

Ticker:       STZ.B          Security ID:  21036P108
Meeting Date: JUL 15, 2003   Meeting Type: Annual
Record Date:  MAY 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas C. McDermott as     For       For        Management
      Class A Stock Director
1.2   Elect Director Paul L. Smith as Class A   For       For        Management
      Stock Director
1.3   Elect Director George Bresler as Class B  For       For        Management
      Stock Director
1.4   Elect Director Jeananne K. Hauswald as    For       For        Management
      Class B Stock Director
1.5   Elect Director James A. Locke III as      For       For        Management
      Class B Stock Director
1.6   Elect Director Richard Sands, Ph.D. as    For       For        Management
      Class B Stock Director
1.7   Elect Director Robert Sands as Class B    For       For        Management
      Stock Director
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COUNTRYWIDE FINANCIAL CORP.

Ticker:       CFC            Security ID:  222372104
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Henry G. Cisneros         For       For        Management
1.2   Elect  Director Robert J. Donato          For       For        Management
1.3   Elect  Director Michael E. Dougherty      For       For        Management
1.4   Elect  Director Martin R. Melone          For       For        Management
1.5   Elect  Director Harley W. Snyder          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

COUNTRYWIDE FINANCIAL CORP.

Ticker:       CFC            Security ID:  222372104
Meeting Date: JAN 9, 2004    Meeting Type: Special
Record Date:  NOV 28, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

DEERE & CO.

Ticker:       DE             Security ID:  244199105
Meeting Date: FEB 25, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert W. Lane            For       For        Management
1.2   Elect  Director Antonio Madero B.         For       For        Management
1.3   Elect  Director Aulana L. Peters          For       For        Management
1.4   Elect  Director John R. Walter            For       For        Management


--------------------------------------------------------------------------------

DELL INC.

Ticker:       DELL           Security ID:  247025109
Meeting Date: JUL 18, 2003   Meeting Type: Annual
Record Date:  MAY 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael A. Miles           For       For        Management
1.2   Elect Director Alex J. Mandl              For       For        Management
1.3   Elect Director Morton L. Topfer           For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Change Company Name                       For       For        Management
4     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

EATON CORP.

Ticker:       ETN            Security ID:  278058102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Critelli       For       For        Management
1.2   Elect  Director Ernie Green               For       For        Management
1.3   Elect  Director Kiran M. Patel            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ELECTRONIC ARTS, INC.

Ticker:       ERTS           Security ID:  285512109
Meeting Date: JUL 31, 2003   Meeting Type: Annual
Record Date:  JUN 4, 2003

#     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 Lawrence F. Probst III     For       For        Management
1.8   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     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ENERGIZER HOLDINGS, INC.

Ticker:       ENR            Security ID:  29266R108
Meeting Date: JAN 26, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John R. Roberts            For       For        Management
1.2   Elect Director John E. Klein              For       For        Management
1.3   Elect Director R. David Hoover            For       For        Management
1.4   Elect Director W. Patrick McGinnis        For       For        Management


--------------------------------------------------------------------------------

ENGELHARD CORP.

Ticker:       EC             Security ID:  292845104
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Burner           For       For        Management
1.2   Elect  Director James V. Napier           For       For        Management


--------------------------------------------------------------------------------

EXELON CORP.

Ticker:       EXC            Security ID:  30161N101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nicholas DeBenedictis     For       For        Management
1.2   Elect  Director G. Fred Dibona, Jr.       For       For        Management
1.3   Elect  Director Sue L. Gin                For       For        Management
1.4   Elect  Director Edgar D. Jannotta         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

EXXON MOBIL CORP.

Ticker:       XOM            Security ID:  30231G102
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael J. Boskin         For       For        Management
1.2   Elect  Director James R. Houghton         For       For        Management
1.3   Elect  Director William R. Howell         For       For        Management
1.4   Elect  Director Reatha Clark King         For       For        Management
1.5   Elect  Director Philip E. Lippincott      For       For        Management
1.6   Elect  Director Harry J. Longwell         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     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
4     Affirm Political Nonpartisanship          Against   Against    Shareholder
5     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
6     Report on Equatorial Guinea               Against   Against    Shareholder
7     Separate Chairman and CEO Positions       Against   For        Shareholder
8     Prohibit Awards to Executives             Against   Against    Shareholder
9     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
10    Amend EEO Statement to Include Reference  Against   Against    Shareholder
      to Sexual Orientation
11    Report on Climate Change Research         Against   Against    Shareholder


--------------------------------------------------------------------------------

FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC.

Ticker:       FCS            Security ID:  303726103
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kirk P. Pond              For       For        Management
1.2   Elect  Director Joseph R. Martin          For       For        Management
1.3   Elect  Director Charles P. Carinalli      For       For        Management
1.4   Elect  Director Richard M. Cashin, Jr.    For       For        Management
1.5   Elect  Director Charles M. Clough         For       For        Management
1.6   Elect  Director Robert F. Friel           For       For        Management
1.7   Elect  Director Thomas L. Magnanti        For       For        Management
1.8   Elect  Director Bryan R. Roub             For       For        Management
1.9   Elect  Director Paul C. Schorr IV         For       For        Management
1.10  Elect  Director Ronald W. Shelly          For       For        Management
1.11  Elect  Director William N. Stout          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FEDERATED DEPARTMENT STORES, INC.

Ticker:       FD             Security ID:  31410H101
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sara Levinson             For       For        Management
1.2   Elect  Director Joseph Neubauer           For       For        Management
1.3   Elect  Director Joseph A. Pichler         For       For        Management
1.4   Elect  Director Karl M. von der Heyden    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

FEDEX CORPORATION

Ticker:       FDX            Security ID:  31428X106
Meeting Date: SEP 29, 2003   Meeting Type: Annual
Record Date:  AUG 4, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director August A. Busch IV         For       For        Management
1.2   Elect Director John A. Edwardson          For       For        Management
1.3   Elect Director George J. Mitchell         For       For        Management
1.4   Elect Director Joshua I. Smith            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

FIRST HORIZON NATIONAL CORP

Ticker:       FHN            Security ID:  337162101
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert C. Blattberg       For       For        Management
1.2   Elect  Director J. Kenneth Glass          For       For        Management
1.3   Elect  Director Michael D. Rose           For       For        Management
1.4   Elect  Director Luke Yancy III            For       For        Management
1.5   Elect  Director Mary F. Sammons           For       For        Management
2     Change Company Name                       For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FORTUNE BRANDS, INC.

Ticker:       FO             Security ID:  349631101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anne M. Tatlock           For       For        Management
1.2   Elect  Director Norman H. Wesley          For       For        Management
1.3   Elect  Director Peter M. Wilson           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

FOX ENTERTAINMENT GROUP, INC.

Ticker:       FOX            Security ID:  35138T107
Meeting Date: NOV 25, 2003   Meeting Type: Annual
Record Date:  SEP 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director K. Rupert Murdoch, AC      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 Thomas W. Jones            For       For        Management
1.8   Elect Director Peter Powers               For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FREDDIE MAC

Ticker:       FRE            Security ID:  313400301
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joan E. Donoghue          For       For        Management
1.2   Elect  Director Michelle Engler           For       For        Management
1.3   Elect  Director Richard Karl Goeltz       For       For        Management
1.4   Elect  Director George D. Gould           For       For        Management
1.5   Elect  Director Henry Kaufman             For       For        Management
1.6   Elect  Director John B. Mccoy             For       For        Management
1.7   Elect  Director Shaun F. O'Malley         For       For        Management
1.8   Elect  Director Ronald F. Poe             For       For        Management
1.9   Elect  Director Stephen A. Ross           For       For        Management
1.10  Elect  Director Donald J. Schuenke        For       For        Management
1.11  Elect  Director Christina Seix            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


--------------------------------------------------------------------------------

GENERAL ELECTRIC CO.

Ticker:       GE             Security ID:  369604103
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James I. Cash, Jr.        For       For        Management
1.2   Elect  Director Dennis D. Dammerman       For       For        Management
1.3   Elect  Director Ann M. Fudge              For       For        Management
1.4   Elect  Director Claudio X. Gonzalez       For       For        Management
1.5   Elect  Director Jeffrey R. Immelt         For       For        Management
1.6   Elect  Director Andrea Jung               For       For        Management
1.7   Elect  Director Alan G. Lafley            For       For        Management
1.8   Elect  Director Kenneth G. Langone        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     Amend Omnibus Stock Plan                  For       For        Management
4     Provide for Cumulative Voting             Against   Against    Shareholder
5     Eliminate Animal Testing                  Against   Against    Shareholder
6     Report on Nuclear Fuel Storage Risks      Against   Against    Shareholder
7     Report on PCB Clean-up                    Against   Against    Shareholder
8     Report on Foreign Outsourcing             Against   Against    Shareholder
9     Prepare Sustainability Report             Against   Against    Shareholder
10    Limit Composition of Management           Against   For        Shareholder
      Development and Compensation Committee to
      Independent Directors
11    Report on Pay Disparity                   Against   Against    Shareholder
12    Limit Awards to Executives                Against   Against    Shareholder
13    Limit Board Service for Other Companies   Against   For        Shareholder
14    Separate Chairman and CEO Positions       Against   For        Shareholder
15    Hire Advisor/Maximize Shareholder Value   Against   Against    Shareholder
16    Adopt a Retention Ratio for Executives    Against   Against    Shareholder
      and Directors
17    Require 70% to 80% Independent Board      Against   Against    Shareholder
18    Report on Political                       Against   Against    Shareholder
      Contributions/Activities


--------------------------------------------------------------------------------

GENERAL MOTORS CORP.

Ticker:       GM             Security ID:  370442105
Meeting Date: OCT 3, 2003    Meeting Type: Written Consent
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles                            For       For        Management
2     Amend Articles                            For       For        Management
3     Approve Hughes Split-Off                  For       For        Management
4     Approve GM/News Stock Sale                For       For        Management
5     Approve News Stock Acquisition            For       For        Management
6     Amend Articles                            For       For        Management


--------------------------------------------------------------------------------

GENERAL MOTORS CORP.

Ticker:       GM             Security ID:  370442105
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Percy N. Barnevik         For       For        Management
1.2   Elect  Director John H. Bryan             For       For        Management
1.3   Elect  Director Armando M. Codina         For       For        Management
1.4   Elect  Director George M.C. Fisher        For       For        Management
1.5   Elect  Director Karen Katen               For       For        Management
1.6   Elect  Director Kent Kresa                For       For        Management
1.7   Elect  Director Alan G. Lafley            For       For        Management
1.8   Elect  Director Philip A. Laskawy         For       For        Management
1.9   Elect  Director E.Stanley O'Neal          For       For        Management
1.10  Elect  Director Eckhard Pfeiffer          For       For        Management
1.11  Elect  Director G.Richard Wagoner, Jr.    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Prohibit Awards to Executives             Against   Against    Shareholder
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Limit Composition of Committees to        Against   For        Shareholder
      Independent Directors
7     Report on Greenhouse Gas Emissions        Against   Against    Shareholder
8     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
9     Establish Executive and Director Stock    Against   Against    Shareholder
      Ownership Guidelines


--------------------------------------------------------------------------------

GOLDMAN SACHS GROUP, INC., THE

Ticker:       GS             Security ID:  38141G104
Meeting Date: MAR 31, 2004   Meeting Type: Annual
Record Date:  FEB 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lloyd C. Blankfein        For       For        Management
1.2   Elect  Director Lord Browne Of Madingley  For       For        Management
1.3   Elect  Director Claes Dahlback            For       For        Management
1.4   Elect  Director James A. Johnson          For       For        Management
1.5   Elect  Director Lois D. Juliber           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

GREENPOINT FINANCIAL CORP.

Ticker:       GPT            Security ID:  395384100
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bharat B. Bhatt           For       For        Management
1.2   Elect  Director J. Thomas Presby          For       For        Management
1.3   Elect  Director Robert F. Vizza           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HOME DEPOT, INC. (THE)

Ticker:       HD             Security ID:  437076102
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     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 Kenneth G. Langone        For       For        Management
1.9   Elect  Director Robert L. Nardelli        For       For        Management
1.10  Elect  Director Roger S. Penske           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Establish Term Limits for Directors       Against   Against    Shareholder
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Performance- Based/Indexed Options        Against   For        Shareholder
6     Adopt ILO Based Code of Conduct           Against   Against    Shareholder
7     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
8     Require Affirmative Vote of the Majority  Against   Against    Shareholder
      of the Shares to Elect Directors


--------------------------------------------------------------------------------

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     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 Andrew S. Grove           For       For        Management
1.5   Elect  Director D. James Guzy             For       For        Management
1.6   Elect  Director Reed E. Hundt             For       For        Management
1.7   Elect  Director Paul S. Otellini          For       For        Management
1.8   Elect  Director David S. Pottruck         For       For        Management
1.9   Elect  Director Jane E. Shaw              For       For        Management
1.10  Elect  Director John L. Thornton          For       For        Management
1.11  Elect  Director David B. Yoffie           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Expense Stock Options                     Against   For        Shareholder
5     Limit/Prohibit Awards to Executives       Against   For        Shareholder
6     Performance- Based/Indexed Options        Against   For        Shareholder


--------------------------------------------------------------------------------

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Carlos Ghosn              For       For        Management
1.4   Elect  Director Nannerl O. Keohane        For       For        Management
1.5   Elect  Director Charles F. Knight         For       For        Management
1.6   Elect  Director Lucio A. Noto             For       For        Management
1.7   Elect  Director Samuel J. Palmisano       For       For        Management
1.8   Elect  Director John B. Slaughter         For       For        Management
1.9   Elect  Director Joan E. Spero             For       For        Management
1.10  Elect  Director Sidney Taurel             For       For        Management
1.11  Elect  Director Charles M. Vest           For       For        Management
1.12  Elect  Director Lorenzo H. Zambrano       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Ratify Auditors for the Company's         For       For        Management
      Business Consulting Services Unit
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Provide for Cumulative Voting             Against   Against    Shareholder
6     Amend Pension and Retirement Medical      Against   Against    Shareholder
      Insurance Plans
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Expense Stock Options                     Against   For        Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    China Principles                          Against   Against    Shareholder
11    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
12    Report on Executive Compensation          Against   Against    Shareholder


--------------------------------------------------------------------------------

JABIL CIRCUIT, INC.

Ticker:       JBL            Security ID:  466313103
Meeting Date: JAN 13, 2004   Meeting Type: Annual
Record Date:  NOV 14, 2003

#     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     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

JOHN HANCOCK FINANCIAL SERVICES, INC.

Ticker:       JHF            Security ID:  41014S106
Meeting Date: FEB 24, 2004   Meeting Type: Special
Record Date:  JAN 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

JOHNSON & JOHNSON

Ticker:       JNJ            Security ID:  478160104
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gerard N. Burrow          For       For        Management
1.2   Elect  Director Mary S. Coleman           For       For        Management
1.3   Elect  Director James G. Cullen           For       For        Management
1.4   Elect  Director Robert J. Darretta        For       For        Management
1.5   Elect  Director M. Judah Folkman          For       For        Management
1.6   Elect  Director Ann D. Jordan             For       For        Management
1.7   Elect  Director Arnold G. Langbo          For       For        Management
1.8   Elect  Director Susan L. Lindquist        For       For        Management
1.9   Elect  Director Leo F. Mullin             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 Henry B. Schacht          For       For        Management
1.13  Elect  Director William C. Weldon         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Cease Charitable Contributions            Against   Against    Shareholder


--------------------------------------------------------------------------------

JPMORGAN CHASE & CO.

Ticker:       JPM            Security ID:  46625H100
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director Hans W. Becherer          For       For        Management
2.2   Elect  Director Frank A. Bennack, Jr.     For       For        Management
2.3   Elect  Director John H. Biggs             For       For        Management
2.4   Elect  Director Lawrence A. Bossidy       For       For        Management
2.5   Elect  Director Ellen V. Futter           For       For        Management
2.6   Elect  Director William H. Gray, III      For       For        Management
2.7   Elect  Director William B. Harrison, Jr   For       For        Management
2.8   Elect  Director Helene L. Kaplan          For       For        Management
2.9   Elect  Director Lee R. Raymond            For       For        Management
2.10  Elect  Director John R. Stafford          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Adjourn Meeting                           For       For        Management
6     Establish Term Limits for Directors       Against   Against    Shareholder
7     Charitable Contributions                  Against   Against    Shareholder
8     Political Contributions                   Against   Against    Shareholder
9     Separate Chairman and CEO Positions       Against   For        Shareholder
10    Provide Adequate Disclosure for over the  Against   Against    Shareholder
      counter Derivatives
11    Auditor Independence                      Against   Against    Shareholder
12    Submit Non-Employee Director Compensation Against   Against    Shareholder
      to Vote
13    Report on Pay Disparity                   Against   Against    Shareholder


--------------------------------------------------------------------------------

KIMBERLY-CLARK CORP.

Ticker:       KMB            Security ID:  494368103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pastora San Juan Cafferty For       For        Management
1.2   Elect  Director Claudio X. Gonzalez       For       For        Management
1.3   Elect  Director Linda Johnson Rice        For       For        Management
1.4   Elect  Director Marc J. Shapiro           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

L-3 COMMUNICATIONS HOLDINGS, INC.

Ticker:       LLL            Security ID:  502424104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Claude R. Canizares       For       For        Management
1.2   Elect  Director Thomas A. Corcoran        For       For        Management
1.3   Elect  Director Alan H. Washkowitz        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

LEAR CORPORATION

Ticker:       LEA            Security ID:  521865105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Larry W. McCurdy          For       For        Management
1.2   Elect  Director Roy E. Parrott            For       For        Management
1.3   Elect  Director Richard F. Wallman        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

LEXMARK INTERNATIONAL, INC.

Ticker:       LXK            Security ID:  529771107
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank T. Cary             For       For        Management
1.2   Elect  Director Paul J. Curlander         For       For        Management
1.3   Elect  Director Martin D. Walker          For       For        Management
1.4   Elect  Director James F. Hardymon         For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LOUISIANA-PACIFIC CORP

Ticker:       LPX            Security ID:  546347105
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dustan E. McCoy           For       For        Management
1.2   Elect  Director Lee C. Simpson            For       For        Management
1.3   Elect  Director Colin D. Watson           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Amend Executive Incentive Bonus Plan      For       For        Management
6     Ratify Auditors                           For       For        Management
7     Separate Chairman and CEO Positions       Against   For        Shareholder
8     Report on Greenhouse Gas Emissions        Against   Against    Shareholder


--------------------------------------------------------------------------------

LSI LOGIC CORP.

Ticker:       LSI            Security ID:  502161102
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Wilfred J. Corrigan       For       For        Management
1.2   Elect  Director James H. Keyes            For       For        Management
1.3   Elect  Director Malcolm R. Currie         For       For        Management
1.4   Elect  Director T.Z. Chu                  For       For        Management
1.5   Elect  Director R. Douglas Norby          For       For        Management
1.6   Elect  Director Matthew J. O'Rourke       For       For        Management
1.7   Elect  Director Gregorio Reyes            For       For        Management
1.8   Elect  Director Larry W. Sonsini          For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MANPOWER INC.

Ticker:       MAN            Security ID:  56418H100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephanie A. Burns        For       For        Management
1.2   Elect  Director Willie D. Davis           For       For        Management
1.3   Elect  Director Jack M. Greenberg         For       For        Management
1.4   Elect  Director Terry A. Hueneke          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MAY DEPARTMENT STORES CO., THE

Ticker:       MAY            Security ID:  577778103
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eugene S. Kahn            For       For        Management
1.2   Elect  Director Helene L. Kaplan          For       For        Management
1.3   Elect Director  James M. Kilts            For       For        Management
1.4   Elect Director Russell E. Palmer          For       For        Management
1.5   Elect Director William P. Stiritz         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management
5     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

MBNA CORP.

Ticker:       KRB            Security ID:  55262L100
Meeting Date: MAY 3, 2004    Meeting Type: Annual
Record Date:  FEB 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James H. Berick           For       For        Management
1.2   Elect  Director Benjamin R. Civiletti     For       For        Management
1.3   Elect  Director Bruce L. Hammonds         For       For        Management
1.4   Elect  Director William L. Jews           For       For        Management
1.5   Elect  Director Randolph D. Lerner        For       For        Management
1.6   Elect  Director Stuart L. Markowitz       For       For        Management
1.7   Elect  Director William B. Milstead       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Require Majority of Independent Directors Against   For        Shareholder
      on Board


--------------------------------------------------------------------------------

MCDONALD'S CORP.

Ticker:       MCD            Security ID:  580135101
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward A. Brennan         For       For        Management
1.2   Elect  Director Walter E. Massey          For       For        Management
1.3   Elect  Director John W. Rogers, Jr.       For       For        Management
1.4   Elect  Director Anne-Marie Slaughter      For       For        Management
1.5   Elect  Director Roger W. Stone            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan


--------------------------------------------------------------------------------

MCGRAW-HILL COMPANIES, INC., THE

Ticker:       MHP            Security ID:  580645109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pedro Aspe                For       For        Management
1.2   Elect  Director Robert P. McGraw          For       For        Management
1.3   Elect  Director Hilda Ochoa-Brillembourg  For       For        Management
1.4   Elect  Director Edward B. Rust, Jr.       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


--------------------------------------------------------------------------------

MCKESSON CORP.

Ticker:       MCK            Security ID:  58155Q103
Meeting Date: JUL 30, 2003   Meeting Type: Annual
Record Date:  JUN 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Alton F. Irby III          For       For        Management
1.2   Elect Director James V. Napier            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

MEDTRONIC, INC.

Ticker:       MDT            Security ID:  585055106
Meeting Date: AUG 28, 2003   Meeting Type: Annual
Record Date:  JUL 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard H. Anderson        For       For        Management
1.2   Elect Director Michael R. Bonsignore      For       For        Management
1.3   Elect Director Gordon M. Sprenger         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


--------------------------------------------------------------------------------

MERCK & CO., INC.

Ticker:       MRK            Security ID:  589331107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter C. Wendell          For       For        Management
1.2   Elect  Director William G. Bowen          For       For        Management
1.3   Elect  Director William M. Daley          For       For        Management
1.4   Elect  Director Thomas E. Shenk           For       For        Management
1.5   Elect  Director Wendell P. Weeks          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Prohibit Awards to Executives             Against   Against    Shareholder
5     Develop Ethical Criteria for Patent       Against   Against    Shareholder
      Extension
6     Link Executive Compensation to Social     Against   Against    Shareholder
      Issues
7     Report on Political Contributions         Against   Against    Shareholder
8     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


--------------------------------------------------------------------------------

MERRILL LYNCH & CO., INC.

Ticker:       MER            Security ID:  590188108
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David K. Newbigging       For       For        Management
1.2   Elect  Director Joseph W. Prueher         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

MGM MIRAGE

Ticker:       MGG            Security ID:  552953101
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James D. Aljian           For       For        Management
1.2   Elect  Director Robert H. Baldwin         For       For        Management
1.3   Elect  Director Terry N. Christensen      For       For        Management
1.4   Elect  Director Willie D. Davis           For       For        Management
1.5   Elect  Director Alexander M. Haig, Jr.    For       For        Management
1.6   Elect  Director Alexis M. Herman          For       For        Management
1.7   Elect  Director Roland Hernandez          For       For        Management
1.8   Elect  Director Gary N. Jacobs            For       For        Management
1.9   Elect  Director Kirk Kerkorian            For       For        Management
1.10  Elect  Director J. Terrence Lanni         For       For        Management
1.11  Elect  Director George J. Mason           For       For        Management
1.12  Elect  Director James J. Murren           For       For        Management
1.13  Elect  Director Ronald M. Popeil          For       For        Management
1.14  Elect  Director John T. Redmond           For       For        Management
1.15  Elect  Director Daniel M. Wade            For       For        Management
1.16  Elect  Director Melvin B. Wolzinger       For       For        Management
1.17  Elect  Director Alex Yemenidjian          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     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 Wm. G. Reed, Jr.           For       For        Management
1.10  Elect Director Jon A. Shirley             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Refrain from Giving Charitable            Against   Against    Shareholder
      Contributions


--------------------------------------------------------------------------------

MID ATLANTIC MEDICAL SERVICES, INC.

Ticker:       MME            Security ID:  59523C107
Meeting Date: FEB 10, 2004   Meeting Type: Special
Record Date:  JAN 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


--------------------------------------------------------------------------------

NEWFIELD EXPLORATION CO.

Ticker:       NFX            Security ID:  651290108
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joe B. Foster             For       For        Management
1.2   Elect  Director David A. Trice            For       For        Management
1.3   Elect  Director David F. Schaible         For       For        Management
1.4   Elect  Director Charles W. Duncan, Jr.    For       For        Management
1.5   Elect  Director Howard H. Newman          For       For        Management
1.6   Elect  Director Thomas G. Ricks           For       For        Management
1.7   Elect  Director Dennis R. Hendrix         For       For        Management
1.8   Elect  Director C.E. (chuck) Shultz       For       For        Management
1.9   Elect  Director Philip J. Burguieres      For       For        Management
1.10  Elect  Director Claire S. Farley          For       For        Management
1.11  Elect  Director John Randolph Kemp III    For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NEXTEL COMMUNICATIONS, INC.

Ticker:       NXTL           Security ID:  65332V103
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Keith J. Bane             For       For        Management
1.2   Elect  Director V. Janet Hill             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management


--------------------------------------------------------------------------------

NORDSTROM, INC.

Ticker:       JWN            Security ID:  655664100
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director D. Wayne Gittinger        For       For        Management
1.2   Elect  Director Enrique Hernandez, Jr.    For       For        Management
1.3   Elect  Director Jeanne P. Jackson         For       For        Management
1.4   Elect  Director Bruce A. Nordstrom        For       For        Management
1.5   Elect  Director John N. Nordstrom         For       For        Management
1.6   Elect  Director Alfred E. Osborne, Jr.,   For       For        Management
      Ph.D.
1.7   Elect  Director William D. Ruckelshaus    For       For        Management
1.8   Elect  Director Alison A. Winter          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


--------------------------------------------------------------------------------

NORTHROP GRUMMAN CORP.

Ticker:       NOC            Security ID:  666807102
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lewis W. Coleman          For       For        Management
1.2   Elect  Director J. Michael Cook           For       For        Management
1.3   Elect  Director Philip A. Odeen           For       For        Management
1.4   Elect  Director Aulana L. Peters          For       For        Management
1.5   Elect  Director Kevin W. Sharer           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

OCCIDENTAL PETROLEUM CORP.

Ticker:       OXY            Security ID:  674599105
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald W. Burkle          For       For        Management
1.2   Elect  Director John S. Chalsty           For       For        Management
1.3   Elect  Director Edward P. Djerejian       For       For        Management
1.4   Elect  Director R. Chad Dreier            For       For        Management
1.5   Elect  Director John E. Feick             For       For        Management
1.6   Elect  Director Ray R. Irani              For       For        Management
1.7   Elect  Director Dale R. Laurance          For       For        Management
1.8   Elect  Director Irvin 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     Amend Non-Employee Director Restricted    For       For        Management
      Stock Plan
4     Prohibit Awards to Executives             Against   Against    Shareholder


--------------------------------------------------------------------------------

ORACLE CORP.

Ticker:       ORCL           Security ID:  68389X105
Meeting Date: OCT 13, 2003   Meeting Type: Annual
Record Date:  AUG 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lawrence J. Ellison        For       For        Management
1.2   Elect Director Donald L. Lucas            For       For        Management
1.3   Elect Director Michael J. Boskin          For       For        Management
1.4   Elect Director Jeffrey O. Henley          For       For        Management
1.5   Elect Director Jack F. Kemp               For       For        Management
1.6   Elect Director Jeffrey 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
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
5     Implement China Principles                Against   Against    Shareholder


--------------------------------------------------------------------------------

PEPSIAMERICAS, INC.

Ticker:       PAS            Security ID:  71343P200
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Brenda C. Barnes          For       For        Management
1.2   Elect  Director Herbert M. Baum           For       For        Management
1.3   Elect  Director Richard G. Cline          For       For        Management
1.4   Elect  Director Pierre S. Du Pont         For       For        Management
1.5   Elect  Director Archie R. Dykes           For       For        Management
1.6   Elect  Director Jarobin Gilbert, Jr.      For       For        Management
1.7   Elect  Director Matthew M. Mckenna        For       For        Management
1.8   Elect  Director Lionel L. Nowell, III     For       For        Management
1.9   Elect  Director Robert C. Pohlad          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Limit Awards to Executives                Against   For        Shareholder
5     Report on Recycling Policy                Against   Against    Shareholder


--------------------------------------------------------------------------------

PEPSICO, INC.

Ticker:       PEP            Security ID:  713448108
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     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 Franklin D. Raines        For       For        Management
1.7   Elect  Director Steven S. Reinemund       For       For        Management
1.8   Elect  Director Sharon Percy Rockefeller  For       For        Management
1.9   Elect  Director James J. Schiro           For       For        Management
1.10  Elect  Director Franklin A. Thomas        For       For        Management
1.11  Elect  Director Cynthia M. Trudell        For       For        Management
1.12  Elect  Director Solomon D. Trujillo       For       For        Management
1.13  Elect  Director Daniel Vasella            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic


--------------------------------------------------------------------------------

PFIZER INC.

Ticker:       PFE            Security ID:  717081103
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Franklin D. Raines        For       For        Management
1.13  Elect  Director Ruth J. Simmons           For       For        Management
1.14  Elect  Director William C. Steere, Jr.    For       For        Management
1.15  Elect  Director Jean-Paul Valles          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Report on Operational Impact of HIV/AIDS, Against   Against    Shareholder
      TB, and Malaria Pandemic
5     Cease Political Contributions/Activities  Against   Against    Shareholder
6     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
7     Establish Term Limits for Directors       Against   Against    Shareholder
8     Report on Drug Pricing                    Against   Against    Shareholder
9     Limit Awards to Executives                Against   Against    Shareholder
10    Amend Animal Testing Policy               Against   Against    Shareholder


--------------------------------------------------------------------------------

PPL CORP.

Ticker:       PPL            Security ID:  69351T106
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Hecht          For       For        Management
1.2   Elect  Director Stuart Heydt              For       For        Management
1.3   Elect  Director W. Keith Smith            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PRAXAIR, INC.

Ticker:       PX             Security ID:  74005P104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alejandro Achaval         For       For        Management
1.2   Elect  Director Ronald L. Kuehn, Jr.      For       For        Management
1.3   Elect  Director H. Mitchell Watson, Jr.   For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Approve Stockholder Protection Rights     For       For        Management
      Agreement


--------------------------------------------------------------------------------

PROCTER & GAMBLE COMPANY, THE

Ticker:       PG             Security ID:  742718109
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Norman R. Augustine        For       For        Management
1.2   Elect Director A.G. Lafley                For       For        Management
1.3   Elect Director Johnathan A. Rodgers       For       For        Management
1.4   Elect Director John F. Smith, Jr.         For       For        Management
1.5   Elect Director Margaret C. Whitman        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Declassify the Board of Directors         Against   Against    Shareholder
5     Label Genetically Engineered Foods        Against   Against    Shareholder


--------------------------------------------------------------------------------

PRUDENTIAL FINANCIAL INC

Ticker:       PRU            Security ID:  744320102
Meeting Date: JUN 8, 2004    Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arthur F. Ryan            For       For        Management
1.2   Elect  Director Gaston Caperton           For       For        Management
1.3   Elect  Director Gilbert F. Casellas       For       For        Management
1.4   Elect  Director Karl J. Krapek            For       For        Management
1.5   Elect  Director Ida F.S. Schmertz         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Cease Charitable Contributions            Against   Against    Shareholder
4     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

QLOGIC CORP.

Ticker:       QLGC           Security ID:  747277101
Meeting Date: AUG 26, 2003   Meeting Type: Annual
Record Date:  JUL 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director H.K. Desai                 For       For        Management
1.2   Elect Director Larry R. Carter            For       For        Management
1.3   Elect Director James R. Fiebiger          For       For        Management
1.4   Elect Director Balakrishnan S. Iyer       For       For        Management
1.5   Elect Director Carol L. Miltner           For       For        Management
1.6   Elect Director George D. Wells            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

RYDER SYSTEM, INC.

Ticker:       R              Security ID:  783549108
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John M. Berra             For       For        Management
1.2   Elect  Director David I. Fuente           For       For        Management
1.3   Elect  Director Eugene A. Renna           For       For        Management
1.4   Elect  Director Abbie J. Smith            For       For        Management
1.5   Elect  Director Christine A. Varney       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SCHLUMBERGER LTD.

Ticker:       SLB            Security ID:  806857108
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  FEB 25, 2004

#     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 D. Primat                 For       For        Management
1.8   Elect  Director T. Sandvold               For       For        Management
1.9   Elect  Director N. Seydoux                For       For        Management
1.10  Elect  Director L.G. Stuntz               For       For        Management
2     ADOPTION AND APPROVAL OF FINANCIALS AND   For       For        Management
      DIVIDENDS
3     APPROVAL OF ADOPTION OF THE 2004 STOCK    For       For        Management
      AND DEFERRAL PLAN FOR NON-EMPLOYEE
      DIRECTORS
4     APPROVAL OF AUDITORS                      For       For        Management


--------------------------------------------------------------------------------

SCIENTIFIC-ATLANTA, INC.

Ticker:       SFA            Security ID:  808655104
Meeting Date: NOV 7, 2003    Meeting Type: Annual
Record Date:  SEP 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Marion H. Antonini         For       For        Management
1.2   Elect Director David J. McLaughlin        For       For        Management
1.3   Elect Director James V. Napier            For       For        Management
1.4   Elect Director Sam Nunn                   For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

SHERWIN-WILLIAMS CO., THE

Ticker:       SHW            Security ID:  824348106
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James C. Boland           For       For        Management
1.2   Elect  Director John G. Breen             For       For        Management
1.3   Elect  Director Duane E. Collins          For       For        Management
1.4   Elect  Director Christopher M. Connor     For       For        Management
1.5   Elect  Director Daniel E. Evans           For       For        Management
1.6   Elect  Director Susan J. Kropf            For       For        Management
1.7   Elect  Director Robert W. Mahoney         For       For        Management
1.8   Elect  Director Gary E. McCullough        For       For        Management
1.9   Elect  Director A. Malachi Mixon, III     For       For        Management
1.10  Elect  Director Curtis E. Moll            For       For        Management
1.11  Elect  Director Joseph M. Scaminace       For       For        Management
1.12  Elect  Director Richard K. Smucker        For       For        Management
2     Amend Bylaws                              For       Against    Management
3     Amend Bylaws                              For       For        Management
4     Amend Nomination Procedures for the Board For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

STANLEY WORKS, THE

Ticker:       SWK            Security ID:  854616109
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John G. Breen             For       For        Management
1.2   Elect  Director Virgis W. Colbert         For       For        Management
1.3   Elect  Director John F. Lundgren          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

SUPERVALU INC.

Ticker:       SVU            Security ID:  868536103
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Charles M. Lillis          For       For        Management
1.2   Elect Director Jeffrey Noodle             For       For        Management
1.3   Elect Director Steven S. Rogers           For       For        Management
1.4   Elect Director Ronald E. Daly             For       For        Management
1.5   Elect Director Marissa Peterson           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require Affirmative Vote of the Majority  Against   Against    Shareholder
      of the Shares to Elect Directors


--------------------------------------------------------------------------------

TIME WARNER INC

Ticker:       TWX            Security ID:  887317105
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     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 Miles R. Gilburne         For       For        Management
1.7   Elect  Director Carla A. Hills            For       For        Management
1.8   Elect  Director Reuben Mark               For       For        Management
1.9   Elect  Director Michael A. Miles          For       For        Management
1.10  Elect  Director Kenneth J. Novack         For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director R. E. Turner              For       For        Management
1.13  Elect  Director Francis T. Vincent, Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt China Principles                    Against   Against    Shareholder
4     Report on Pay Disparity                   Against   Against    Shareholder


--------------------------------------------------------------------------------

TYCO INTERNATIONAL LTD.

Ticker:       TYC            Security ID:  902124106
Meeting Date: MAR 25, 2004   Meeting Type: Annual
Record Date:  MAR 25, 2004

#     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 John A. Krol              For       For        Management
1.7   Elect  Director Mackey J. Mcdonald        For       For        Management
1.8   Elect  Director H. Carl Mccall            For       For        Management
1.9   Elect  Director Brendan R. O'Neill        For       For        Management
1.10  Elect  Director Sandra S. Wijnberg        For       For        Management
1.11  Elect  Director Jerome B. York            For       For        Management
2     Ratify Auditors                           For       For        Management
3     ADOPTION OF THE AMENDED AND RESTATED      For       For        Management
      BYE-LAWS.
4     APPROVAL OF TYCO 2004 STOCK AND INCENTIVE For       For        Management
      PLAN.
5     SHAREHOLDER PROPOSAL REGARDING            For       For        Shareholder
      ENVIRONMENTAL REPORTING.
6     SHAREHOLDER PROPOSAL TO CHANGE TYCO S     Against   Against    Shareholder
      JURISDICTION OF INCORPORATION FROM
      BERMUDA TO A U.S. STATE.
7     SHAREHOLDER PROPOSAL ON  COMMON SENSE     Against   Against    Shareholder
      EXECUTIVE COMPENSATION.


--------------------------------------------------------------------------------

TYSON FOODS, INC.

Ticker:       TSN            Security ID:  902494103
Meeting Date: FEB 6, 2004    Meeting Type: Annual
Record Date:  DEC 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Don Tyson                  For       For        Management
1.2   Elect Director John Tyson                 For       For        Management
1.3   Elect Director Leland E. Tollett          For       For        Management
1.4   Elect Director Barbara A. Tyson           For       For        Management
1.5   Elect Director Lloyd V. Hackley           For       For        Management
1.6   Elect Director Jim Kever                  For       For        Management
1.7   Elect Director David A. Jones             For       For        Management
1.8   Elect Director Richard L. Bond            For       For        Management
1.9   Elect Director Jo Ann R. Smith            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Employee Stock Purchase Plan      For       For        Management
4     Ratify Auditors                           For       For        Management
5     Remove Supervoting Rights for Class B     Against   For        Shareholder
      Common Stock
6     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

U.S. BANCORP

Ticker:       USB            Security ID:  902973304
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Victoria Buyniski         For       For        Management
      Gluckman
1.2   Elect  Director Arthur D. Collins, Jr.    For       For        Management
1.3   Elect  Director Jerry W. Levin            For       For        Management
1.4   Elect  Director Thomas E. Petry           For       For        Management
1.5   Elect  Director Richard G. Reiten         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Submit Executive Compensation to Vote     Against   For        Shareholder
5     Amend Vote Requirements to Amend          Against   For        Shareholder
      Articles/Bylaws/Charter


--------------------------------------------------------------------------------

UNITED PARCEL SERVICE, INC.

Ticker:       UPS            Security ID:  911312106
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Calvin Darden             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 Robert M. Teeter          For       For        Management
1.9   Elect  Director John W. Thompson          For       For        Management
1.10  Elect  Director Carol B. Tome             For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

UNITED TECHNOLOGIES CORP.

Ticker:       UTX            Security ID:  913017109
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Betsy J. Bernard          For       For        Management
1.2   Elect  Director George David              For       For        Management
1.3   Elect  Director Jean-Pierre Garnier       For       For        Management
1.4   Elect  Director Jamie S. Gorelick         For       For        Management
1.5   Elect  Director Charles R. Lee            For       For        Management
1.6   Elect  Director Richard D. McCormick      For       For        Management
1.7   Elect  Director Harold McGraw III         For       For        Management
1.8   Elect  Director Frank P. Popoff           For       For        Management
1.9   Elect  Director H. Patrick Swygert        For       For        Management
1.10  Elect  Director Andre Villeneuve          For       For        Management
1.11  Elect  Director H. A. Wagner              For       For        Management
1.12  Elect  Director Christine Todd Whitman    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Disclosure of Executive Compensation      Against   Against    Shareholder
4     Develop Ethical Criteria for Military     Against   Against    Shareholder
      Contracts
5     Performance-Based/Indexed Options         Against   For        Shareholder
6     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

UNITEDHEALTH GROUP INCORPORATED

Ticker:       UNH            Security ID:  91324P102
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William C. Ballard, Jr.   For       For        Management
1.2   Elect  Director Richard T. Burke          For       For        Management
1.3   Elect  Director Stephen J. Hemsley        For       For        Management
1.4   Elect  Director Donna E. Shalala          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder
4     Limit Awards to Executives                Against   Against    Shareholder


--------------------------------------------------------------------------------

VERIZON COMMUNICATIONS

Ticker:       VZ             Security ID:  92343V104
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     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       For        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     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Require Majority of Independent Directors Against   Against    Shareholder
      on Board
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
7     Submit Executive Compensation to Vote     Against   For        Shareholder
8     Prohibit Awards to Executives             Against   Against    Shareholder
9     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
10    Report on Political                       Against   Against    Shareholder
      Contributions/Activities
11    Cease Charitable Contributions            Against   Against    Shareholder


--------------------------------------------------------------------------------

W. R. BERKLEY CORP.

Ticker:       BER            Security ID:  084423102
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Berkley, Jr.   For       For        Management
1.2   Elect  Director Ronald E. Blaylock        For       For        Management
1.3   Elect  Director Mark E. Brockbank         For       For        Management
1.4   Elect  Director Rodney A. Hawes, Jr.      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


--------------------------------------------------------------------------------

WACHOVIA CORP.

Ticker:       WB             Security ID:  929903102
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James S. Balloun          For       For        Management
1.2   Elect  Director John T. Casteen, III      For       For        Management
1.3   Elect  Director Joseph Neubauer           For       For        Management
1.4   Elect  Director Lanty L. Smith            For       For        Management
1.5   Elect  Director Dona Davis Young          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require Two Candidates for Each Board     Against   Against    Shareholder
      Seat
4     Report on Political                       Against   Against    Shareholder
      Contributions/Activities
5     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

WAL-MART STORES, INC.

Ticker:       WMT            Security ID:  931142103
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     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 Thomas M. Coughlin        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 Dawn G. Lepore            For       For        Management
1.7   Elect  Director John D. Opie              For       For        Management
1.8   Elect  Director J. Paul Reason            For       For        Management
1.9   Elect  Director H. Lee Scott, Jr.         For       For        Management
1.10  Elect  Director Jack C. Shewmaker         For       For        Management
1.11  Elect  Director Jose H. Villarreal        For       For        Management
1.12  Elect  Director John T. Walton            For       For        Management
1.13  Elect  Director S. Robson Walton          For       For        Management
1.14  Elect  Director Christopher J. Williams   For       For        Management
2     Approve Stock Option Plan                 For       For        Management
3     Approve Stock Option Plan                 For       For        Management
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management
6     Separate Chairman and CEO Positions       Against   For        Shareholder
7     Prepare Sustainability Report             Against   Against    Shareholder
8     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender
9     Report on Genetically Modified Organisms  Against   Against    Shareholder
      (GMO)
10    Prepare Diversity Report                  Against   Against    Shareholder
11    Submit Executive Compensation to Vote     Against   For        Shareholder


--------------------------------------------------------------------------------

WALT DISNEY COMPANY, THE

Ticker:       DIS            Security ID:  254687106
Meeting Date: MAR 3, 2004    Meeting Type: Annual
Record Date:  JAN 16, 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 Aylwin B. Lewis           For       For        Management
1.7   Elect  Director Monica C. Lozano          For       For        Management
1.8   Elect  Director Robert W. Matschullat     For       For        Management
1.9   Elect  Director George J. Mitchell        For       For        Management
1.10  Elect  Director Leo J. O'Donovan, S.J.    For       For        Management
1.11  Elect  Director Gary L. Wilson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     China Principles                          Against   Against    Shareholder
4     Report on Supplier Labor Standards in     Against   Against    Shareholder
      China
5     Report on Amusement Park Safety           Against   Against    Shareholder


--------------------------------------------------------------------------------

WATSON PHARMACEUTICALS, INC.

Ticker:       WPI            Security ID:  942683103
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Allen Chao, Ph.D.         For       For        Management
1.2   Elect  Director Michel J. Feldman         For       For        Management
1.3   Elect  Director Fred G. Weiss             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Review Executive Compensation             Against   Against    Shareholder




================== BLACKROCK SMALL CAP CORE EQUITY PORTFOLIO ===================

ITEM 1 PROXY VOTING RECORD

1-800-FLOWERS.COM INC.

Ticker:       FLWS           Security ID:  68243Q106
Meeting Date: DEC 2, 2003    Meeting Type: Annual
Record Date:  OCT 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jeffrey C. Walker          For       For        Management
1.2   Elect Director Kevin J. O'Connor          For       For        Management
1.3   Elect Director Lawrence V. Calcano        For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AARON RENTS, INC.

Ticker:       RNT.A          Security ID:  002535201
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R Charles Loudermilk Sr   For       For        Management
1.2   Elect  Director Robert C. Loudermilk Jr   For       For        Management
1.3   Elect  Director Gilbert L. Danielson      For       For        Management
1.4   Elect  Director Earl Dolive               For       For        Management
1.5   Elect  Director Ronald W. Allen           For       For        Management
1.6   Elect  Director Leo Benatar               For       For        Management
1.7   Elect  Director Ingrid Saunders Jones     For       For        Management
1.8   Elect  Director William K. Butler, Jr.    For       For        Management
1.9   Elect  Director Ray M. Robinson           For       For        Management
1.10  Elect  Director David L. Kolb             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

ADVANCIS PHARMACEUTICAL CORP.

Ticker:       AVNC           Security ID:  00764L109
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Gordon Douglas, M.D.   For       For        Management
1.2   Elect  Director Harold R. Werner          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

ALBANY INTERNATIONAL CORP.

Ticker:       AIN            Security ID:  012348108
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank R. Schmeler         For       For        Management
1.2   Elect  Director Thomas R. Beecher, Jr.    For       For        Management
1.3   Elect  Director Francis L. McKone         For       For        Management
1.4   Elect  Director Barbara P. Wright         For       For        Management
1.5   Elect  Director Joseph G. Morone          For       For        Management
1.6   Elect  Director Christine L. Standish     For       For        Management
1.7   Elect  Director Erland E. Kailbourne      For       For        Management
1.8   Elect  Director John C. Standish          For       For        Management
1.9   Elect  Director Hugh J. Murphy            For       For        Management
2     Approve Outside Director Stock Awards in  For       For        Management
      Lieu of Cash


--------------------------------------------------------------------------------

AMC ENTERTAINMENT, INC.

Ticker:       AEN            Security ID:  001669100
Meeting Date: SEP 18, 2003   Meeting Type: Annual
Record Date:  AUG 11, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Peter C. Brown             For       For        Management
1.2   Elect Director Charles J. Egan, Jr.       For       For        Management
1.3   Elect Director Charles S. Sosland         For       For        Management
1.4   Elect Director Paul E. Vardeman           For       For        Management
1.5   Elect Director Michael N. Garin           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JUN 10, 2004   Meeting Type: Annual/Special
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       For        Management
2.1   Elect  Director William L. Hunter         For       For        Management
2.2   Elect  Director David T. Howard           For       For        Management
2.3   Elect  Director Hartley T. Richardson     For       For        Management
2.4   Elect  Director Edward M. Brown           For       For        Management
2.5   Elect  Director Arthur H. Willms          For       For        Management
2.6   Elect  Director Glen D. Nelson            For       For        Management
3     Ratify Auditors                           For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
5     Amend Articles Re: Remove Pre-Existing    For       For        Management
      Company Provisions
6     Approve Unlimited Capital Authorization   For       Against    Management
7     Adopt New Articles                        For       For        Management
8     Other Business                            For       For        Management


--------------------------------------------------------------------------------

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JAN 20, 2004   Meeting Type: Special
Record Date:  DEC 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2:1 Stock Split                   For       For        Management
2     Approve 2004 Stock Option Plan            For       For        Management
3     Other Business (Voting)                   For       For        Management


--------------------------------------------------------------------------------

ANSWERTHINK CONSULTING GROUP, INC.

Ticker:       ANSR           Security ID:  036916104
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ted A. Fernandez          For       For        Management
1.2   Elect  Director Alan T.G. Wix             For       For        Management


--------------------------------------------------------------------------------

APPLIED FILMS CORP.

Ticker:       AFCO           Security ID:  038197109
Meeting Date: OCT 22, 2003   Meeting Type: Annual
Record Date:  SEP 5, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Thomas T. Edman            For       For        Management
2     Elect Director Vincent Sollitto, Jr.      For       For        Management
3     Elect Company Secretary                   For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

APTARGROUP, INC.

Ticker:       ATR            Security ID:  038336103
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alain Chevassus           For       For        Management
1.2   Elect  Director Stephen J. Hagge          For       For        Management
1.3   Elect  Director Carl A. Siebel            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan


--------------------------------------------------------------------------------

ARBITRON, INC.

Ticker:       ARB            Security ID:  03875Q108
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alan Aldworth             For       For        Management
1.2   Elect  Director Erica Farber              For       For        Management
1.3   Elect  Director Kenneth F. Gorman         For       For        Management
1.4   Elect  Director Philip Guarascio          For       For        Management
1.5   Elect  Director Larry E. Kittelberger     For       For        Management
1.6   Elect  Director Stephen B. Morris         For       For        Management
1.7   Elect  Director Luis G. Nogales           For       For        Management
1.8   Elect  Director Lawrence Perlman          For       For        Management
1.9   Elect  Director Richard A. Post           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

ARRIS GROUP INC

Ticker:       ARRS           Security ID:  04269Q100
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alex B. Best              For       For        Management
1.2   Elect  Director Harry L. Bosco            For       For        Management
1.3   Elect  Director John (Ian) Anderson Craig For       For        Management
1.4   Elect  Director Matthew B. Kearney        For       For        Management
1.5   Elect  Director William H. Lambert        For       For        Management
1.6   Elect  Director John R. Petty             For       For        Management
1.7   Elect  Director Robert J. Stanzione       For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

AVIALL, INC.

Ticker:       AVL            Security ID:  05366B102
Meeting Date: JUN 18, 2004   Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Donald R. Muzyka          For       For        Management
1.2   Elect  Director Jonathan M. Schofield     For       For        Management
1.3   Elect  Director Peter J. Clare            For       For        Management
2     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

AXCELIS TECHNOLOGIES INC

Ticker:       ACLS           Security ID:  054540109
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gary L. Tooker            For       For        Management
1.2   Elect  Director Patrick H. Nettles        For       For        Management
1.3   Elect  Director Alexander M. Cutler       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BANTA CORP.

Ticker:       BN             Security ID:  066821109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jameson A. Baxter         For       For        Management
1.2   Elect  Director John F. Bergstrom         For       For        Management
1.3   Elect  Director Henry T. DeNero           For       For        Management
1.4   Elect  Director Paul C. Reyelts           For       For        Management
1.5   Elect  Director Ray C. Richelsen          For       For        Management
1.6   Elect  Director Stephanie A. Streeter     For       For        Management
1.7   Elect  Director Michael J. Winkler        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BORLAND SOFTWARE CORP.

Ticker:       BORL           Security ID:  099849101
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Miller         For       For        Management
1.2   Elect  Director Laura S. Unger            For       For        Management
1.3   Elect  Director T. Michael Nevens         For       For        Management
2     Declassify the Board of Directors         Against   Against    Shareholder
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BROOKLINE BANCORP, INC.

Ticker:       BRKL           Security ID:  11373M107
Meeting Date: AUG 27, 2003   Meeting Type: Special
Record Date:  JUL 9, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Omnibus Stock Plan                For       For        Management
2     Approve Restricted Stock Plan             For       For        Management


--------------------------------------------------------------------------------

CHARMING SHOPPES, INC.

Ticker:       CHRS           Security ID:  161133103
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joseph L. Castle, Ii      For       For        Management
1.2   Elect  Director Katherine M. Hudson       For       For        Management
1.3   Elect  Director Pamela S. Lewis           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

CHICAGO BRIDGE & IRON CO.

Ticker:       CBI            Security ID:  167250109
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     FIRST POSITION: BALLENGEE                 For       For        Management
2     FIRST POSITION: BORDAGES                  Against   Abstain    Management
3     SECOND POSITION: SIMPSON                  For       For        Management
4     SECOND POSITION: LEVENTRY                 Against   Abstain    Management
5     TO AUTHORIZE THE PREPARATION OF THE       For       For        Management
      ANNUAL ACCOUNTS AND ANNUAL REPORT IN THE
      ENGLISH LANGUAGE AND ADOPT DUTCH
      STATUTORY ANNUAL ACCOUNTS
6     TO DISCHARGE MANAGEMENT BOARD AND         For       For        Management
      SUPERVISORY BOARD FROM LIABILITY IN
      EXERCISE OF THEIR DUTIES
7     TO RESOLVE THE FINAL DIVIDEND             For       For        Management
8     TO REPURCHASE UP TO 30% OF THE ISSUED     For       For        Management
      SHARE CAPITAL
9     TO CANCEL SHARES TO BE ACQUIRED BY THE    For       For        Management
      COMPANY IN ITS OWN SHARE CAPITAL
10    TO APPROVE THE EXTENSION OF THE AUTHORITY For       For        Management
      TO ISSUE AND/OR GRANT RIGHTS ON SHARES
      AND TO LIMIT OR EXCLUDE PREEMPTIVE RIGHTS
11    TO INCREASE THE AMOUNT OF THE AUTHORIZED  For       For        Management
      SHARE CAPITAL
12    TO APPOINT DELOITTE & TOUCHE AS THE       For       For        Management
      COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS


--------------------------------------------------------------------------------

COMMSCOPE, INC.

Ticker:       CTV            Security ID:  203372107
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Boyd L. George            For       For        Management
1.2   Elect  Director George N. Hutton, Jr.     For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COPART, INC.

Ticker:       CPRT           Security ID:  217204106
Meeting Date: DEC 8, 2003    Meeting Type: Annual
Record Date:  OCT 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Willis J. Johnson          For       Did Not    Management
                                                          Vote
1.2   Elect Director A. Jayson Adair            For       Did Not    Management
                                                          Vote
1.3   Elect Director Harold Blumenstein         For       Did Not    Management
                                                          Vote
1.4   Elect Director James Grosfeld             For       Did Not    Management
                                                          Vote
1.5   Elect Director James E. Meeks             For       Did Not    Management
                                                          Vote
1.6   Elect Director Marvin L. Schmidt          For       Did Not    Management
                                                          Vote
1.7   Elect Director Jonathan Vannini           For       Did Not    Management
                                                          Vote
2     Amend Employee Stock Purchase Plan        For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CTI MOLECULAR IMAGING, INC.

Ticker:       CTMI           Security ID:  22943D105
Meeting Date: APR 6, 2004    Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Wolf-Ekkehard Blanz        For       For        Management
1.2   Elect Director Hamilton Jordan            For       For        Management
1.3   Elect Director Michael E. Phelps          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

CUBIC CORP.

Ticker:       CUB            Security ID:  229669106
Meeting Date: FEB 10, 2004   Meeting Type: Annual
Record Date:  DEC 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Walter J. Zable            For       For        Management
1.2   Elect Director Walter C. Zable            For       For        Management
1.3   Elect Director William W. Boyle           For       For        Management
1.4   Elect Director Dr. Richard C. Atkinson    For       For        Management
1.5   Elect Director Raymond L. deKozan         For       For        Management
1.6   Elect Director Robert T. Monagan          For       For        Management
1.7   Elect Director Raymond E. Peet            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


--------------------------------------------------------------------------------

CUMULUS MEDIA INC.

Ticker:       CMLS           Security ID:  231082108
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eric P. Robison           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DELTA & PINE LAND COMPANY

Ticker:       DLP            Security ID:  247357106
Meeting Date: JAN 15, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph M. Murphy           For       For        Management
1.2   Elect Director Rudi E. Scheidt            For       For        Management
2     Ratify Auditor                            For       For        Management


--------------------------------------------------------------------------------

DIGITAS INC

Ticker:       DTAS           Security ID:  25388K104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert R. Glatz           For       For        Management
1.2   Elect  Director David W. Kenny            For       For        Management


--------------------------------------------------------------------------------

DIRECT GENERAL CORP.

Ticker:       DRCT           Security ID:  25456W204
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William C. Adair, Jr.     For       For        Management


--------------------------------------------------------------------------------

EARTHLINK, INC.

Ticker:       ELNK           Security ID:  270321102
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Linwood A. Lacy, Jr.      For       For        Management
1.2   Elect  Director Terrell B. Jones          For       For        Management
1.3   Elect  Director William H. Harris, Jr.    For       For        Management
1.4   Elect  Director Thomas E. Wheeler         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EDO CORP.

Ticker:       EDO            Security ID:  281347104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director George M. Ball            For       For        Management
1.2   Elect  Director Leslie F. Kenne           For       For        Management
1.3   Elect  Director James Roth                For       For        Management
1.4   Elect  Director James M. Smith            For       For        Management
1.5   Elect  Director Robert S. Tyrer           For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan


--------------------------------------------------------------------------------

EDWARDS LIFESCIENCES CORPORATION

Ticker:       EW             Security ID:  28176E108
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert A. Ingram          For       Did Not    Management
                                                          Vote
1.2   Elect  Director Vernon R. Loucks Jr.      For       Did Not    Management
                                                          Vote
2     Amend Non-Employee Director Omnibus Stock For       Did Not    Management
      Plan                                                Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

EGL, INC.

Ticker:       EAGL           Security ID:  268484102
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Crane            For       For        Management
1.2   Elect  Director Frank J. Hevrdejs         For       For        Management
1.3   Elect  Director Paul William Hobby        For       For        Management
1.4   Elect  Director Michael K. Jhin           For       For        Management
1.5   Elect  Director Milton Carroll            For       For        Management
1.6   Elect  Director Neil E. Kelley            For       For        Management
1.7   Elect  Director Rebecca A. McDonald       For       For        Management
1.8   Elect  Director James C. Flagg            For       For        Management
1.9   Elect  Director Elijio V. Serrano         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ENERGEN CORP.

Ticker:       EGN            Security ID:  29265N108
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephen D. Ban            For       For        Management
1.2   Elect  Director Julian W. Banton          For       For        Management
1.3   Elect  Director T. Michael Goodrich       For       For        Management
1.4   Elect  Director Wm. Michael Warren Jr.    For       For        Management
1.5   Elect  Director David W. Wilson           For       For        Management


--------------------------------------------------------------------------------

ETHAN ALLEN INTERIORS INC.

Ticker:       ETH            Security ID:  297602104
Meeting Date: NOV 17, 2003   Meeting Type: Annual
Record Date:  SEP 26, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Frank G. Wisner            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GENERAL COMMUNICATION, INC.

Ticker:       GNCMA          Security ID:  369385109
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Donne F. Fisher           For       For        Management
1.2   Elect  Director William P. Glasgow        For       For        Management
1.3   Elect  Director James M. Schneider        For       For        Management
2     Amend Stock Option Plan                   For       For        Management


--------------------------------------------------------------------------------

GRAY TELEVISION INC.

Ticker:       GTN.A          Security ID:  389375106
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Mack Robinson          For       For        Management
1.2   Elect  Director Robert S. Prather, Jr.    For       For        Management
1.3   Elect  Director Hilton H. Howell, Jr.     For       For        Management
1.4   Elect  Director William E. Mayher, III    For       For        Management
1.5   Elect  Director Richard L. Boger          For       For        Management
1.6   Elect  Director Ray M. Deaver             For       For        Management
1.7   Elect  Director T.L. Elder                For       For        Management
1.8   Elect  Director Howell W. Newton          For       For        Management
1.9   Elect  Director Hugh E. Norton            For       For        Management
1.10  Elect  Director Harriet J. Robinson       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

HARVEST NATURAL RESOURCE, INC

Ticker:       HNR            Security ID:  41754V103
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephen D. Chesebro'      For       For        Management
1.2   Elect  Director John U. Clarke            For       For        Management
1.3   Elect  Director Byron A. Dunn             For       For        Management
1.4   Elect  Director H.H. Hardee               For       For        Management
1.5   Elect  Director Peter J. Hill             For       For        Management
1.6   Elect  Director Patrick M. Murray         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

HEALTH CARE REIT, INC.

Ticker:       HCN            Security ID:  42217K106
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas J. DeRosa          For       Did Not    Management
                                                          Vote
1.2   Elect  Director Jeffrey H. Donahue        For       Did Not    Management
                                                          Vote
1.3   Elect  Director Bruce G. Thompson         For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

HEIDRICK & STRUGGLES INTERNATIONAL, INC.

Ticker:       HSII           Security ID:  422819102
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard I. Beattie        For       For        Management
1.2   Elect  Director John A. Fazio             For       For        Management
1.3   Elect  Director Thomas J. Friel           For       For        Management
1.4   Elect  Director Antonio Borges            For       For        Management


--------------------------------------------------------------------------------

HERCULES INC.

Ticker:       HPC            Security ID:  427056106
Meeting Date: JUL 25, 2003   Meeting Type: Proxy Contest
Record Date:  JUN 6, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Harry Fields               For       Did Not    Management
                                                          Vote
1.2   Elect Director Anthony Kronman            For       Did Not    Management
                                                          Vote
1.3   Elect Director Vincent Tese               For       Did Not    Management
                                                          Vote
1.4   Elect Director Gerald Tsai, Jr.           For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           None      Did Not    Management
                                                          Vote
3     Approve Non-Employee Director Omnibus     Against   Did Not    Management
      Stock Plan                                          Vote
4     Redemption of the company's Rights        For       Did Not    Shareholder
      Agreement                                           Vote
5     Amend Articles to reinstate the rights of For       Did Not    Shareholder
      the shareholders -- Call Special Meetings           Vote
      and Act by Written Consent
1.1   Elect Director Patrick Duff               For       For        Management
1.2   Elect Director Thomas P. Gerrity          For       For        Management
1.3   Elect Director John K. Wulff              For       For        Management
1.4   Elect Director Joe B. Wyatt               For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Redemption of the company's Rights        Against   For        Shareholder
      Agreement
5     Amend Articles to reinstate the rights of Against   For        Shareholder
      the shareholders -- Call Special Meetings
      and Act by Written Consent


--------------------------------------------------------------------------------

HERLEY INDUSTRIES, INC.

Ticker:       HRLY           Security ID:  427398102
Meeting Date: JAN 15, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lee N. Blatt as Class I    For       For        Management
      Director
1.2   Elect Director Admiral Edward K. Walker,  For       For        Management
      Jr. (Ret.) as Class I Director
1.3   Elect Director Dr. Edward A. Bogucz as    For       For        Management
      Class II Director
1.4   Elect Director Admiral Robert M. Moore    For       For        Management
      (Ret.) as Class III Director


--------------------------------------------------------------------------------

HOLOGIC, INC.

Ticker:       HOLX           Security ID:  436440101
Meeting Date: MAR 1, 2004    Meeting Type: Annual
Record Date:  JAN 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John W. Cumming           For       For        Management
1.2   Elect  Director Irwin Jacobs              For       For        Management
1.3   Elect  Director David R. LaVance, Jr.     For       For        Management
1.4   Elect  Director Nancy L. Leaming          For       For        Management
1.5   Elect  Director Glenn P. Muir             For       For        Management
1.6   Elect  Director William A. Peck           For       For        Management
1.7   Elect  Director Jay A. Stein              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

INGRAM MICRO, INC.

Ticker:       IM             Security ID:  457153104
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Orrin H. Ingram II        For       For        Management
1.2   Elect  Director Michael T. Smith          For       For        Management
1.3   Elect  Director Joe B. Wyatt              For       For        Management
1.4   Elect  Director Howard I. Atkins          For       For        Management


--------------------------------------------------------------------------------

INTERNET SECURITY SYSTEMS, INC.

Ticker:       ISSX           Security ID:  46060X107
Meeting Date: MAY 24, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert E. Davoli          For       For        Management
1.2   Elect  Director Christopher W. Klaus      For       For        Management


--------------------------------------------------------------------------------

INVERESK RESEARCH GROUP, INC

Ticker:       IRGI           Security ID:  461238107
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John T. Henderson         For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INVISION TECHNOLOGIES, INC.

Ticker:       INVN           Security ID:  461851107
Meeting Date: JUN 25, 2004   Meeting Type: Special
Record Date:  MAY 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


--------------------------------------------------------------------------------

JARDEN CORP.

Ticker:       JAH            Security ID:  471109108
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ian G.H. Ashken           For       For        Management
1.2   Elect  Director Richard L. Molen          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


--------------------------------------------------------------------------------

JEFFERIES GROUP, INC

Ticker:       JEF            Security ID:  472319102
Meeting Date: MAY 24, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Patrick Campbell       For       For        Management
1.2   Elect  Director Richard G. Dooley         For       For        Management
1.3   Elect  Director Richard B. Handler        For       For        Management
1.4   Elect  Director Frank J. Macchiarola      For       For        Management
1.5   Elect  Director John C. Shaw, Jr.         For       For        Management
2     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

K2 INC.

Ticker:       KTO            Security ID:  482732104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Wilford D. Godbold, Jr.   For       For        Management
1.2   Elect  Director Lou L. Holtz              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


--------------------------------------------------------------------------------

KERZNER INTERNATIONAL LTD

Ticker:       KZL            Security ID:  P6065Y107
Meeting Date: SEP 23, 2003   Meeting Type: Annual
Record Date:  AUG 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Ratify Deloitte & Touche LLP as Auditors  For       For        Management


--------------------------------------------------------------------------------

KORN FERRY INTERNATIONAL

Ticker:       KFY            Security ID:  500643200
Meeting Date: SEP 10, 2003   Meeting Type: Annual
Record Date:  JUL 22, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Patti S. Hart              For       For        Management
1.2   Elect Director Paul C. Reilly             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Employee Stock Purchase Plan      For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

LANDSTAR SYSTEM, INC.

Ticker:       LSTR           Security ID:  515098101
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William S. Elston         For       Did Not    Management
                                                          Vote
1.2   Elect  Director Merritt J. Mott           For       Did Not    Management
                                                          Vote
1.3   Elect  Director Diana M. Murphy           For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote
3     Increase Authorized Common Stock          For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

LAUREATE EDUCATION INC.

Ticker:       PR             Security ID:  871399101
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Douglas L. Becker         For       Did Not    Management
                                                          Vote
1.2   Elect  Director James H. McGuire          For       Did Not    Management
                                                          Vote
1.3   Elect  Director Richard W. Riley          For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

MASSEY ENERGY COMPANY

Ticker:       MEE            Security ID:  576206106
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Grant          For       For        Management
1.2   Elect  Director Dan R. Moore              For       For        Management
1.3   Elect  Director Martha R. Seger           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

MAX RE CAPITAL LTD HAMILTON

Ticker:       MXRE           Security ID:  G6052F103
Meeting Date: JUL 30, 2003   Meeting Type: Special
Record Date:  JUN 16, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Bylaws Re: Shareholder Vote on      For       Against    Management
      Proposals Voted on by Shareholders of Max
      Re Ltd.; Delete References to Non-Voting
      Common Shares; Reduce Limitation on
      Voting Rights of Common Shares; Reduce
      Percentage of Common Shares One Person
      May Own
2     Amend Bylaws Re: Prohibit a Director from For       For        Management
      Appointing Alternate Directors to Perform
      His or Her Duties or Act as a Non-Voting
      Observer
3     Amend Bylaws Re: Reduce from 60 Percent   For       Against    Management
      to 50 Percent the Total Issued and
      Outstanding Common Shares Required for a
      Quorum at a General Meeting of the
      Company
4     Amend Bylaws Re: Make Future Amendments   For       Against    Management
      of the Bylaws Subject to the Approval of
      a Majority of the Votes Cast Instead of
      the Majority of the Shares Entitled to
      Vote
5     Amend Bylaws Re: Make Certain Changes to  For       For        Management
      Update the Provisions of the Bylaws
6     Transact Other Business (Non-Voting)      None      None       Management


--------------------------------------------------------------------------------

MAX RE CAPITAL LTD HAMILTON

Ticker:       MXRE           Security ID:  G6052F103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO ELECT JOHN R. BARBER TO THE BOARD OF   For       For        Management
      DIRECTORS OF MAX RE CAPITAL LTD.
2     TO ELECT W. MARSTON BECKER TO THE BOARD   For       For        Management
      OF DIRECTORS OF MAX RE CAPITAL LTD.
3     TO ELECT ROBERT J. COONEY TO THE BOARD OF For       For        Management
      DIRECTORS OF MAX RE CAPITAL LTD.
4     TO ELECT MARIO P. TORSIELLO TO THE BOARD  For       For        Management
      OF DIRECTORS OF MAX RE CAPITAL LTD.
5     Ratify Auditors                           For       For        Management
6     TO ELECT JOHN R. BARBER TO THE BOARD OF   For       For        Management
      DIRECTORS OF MAX RE LTD.
7     TO ELECT W. MARSTON BECKER TO THE BOARD   For       For        Management
      OF DIRECTORS OF MAX RE LTD.
8     TO ELECT ROBERT J. COONEY TO THE BOARD OF For       For        Management
      DIRECTORS OF MAX RE LTD.
9     TO ELECT MARIO P. TORSIELLO TO THE BOARD  For       For        Management
      OF DIRECTORS OF MAX RE LTD.
10    Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MEDICIS PHARMACEUTICAL CORP.

Ticker:       MRX            Security ID:  584690309
Meeting Date: NOV 19, 2003   Meeting Type: Annual
Record Date:  OCT 10, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arthur G. Altschul, Jr.    For       For        Management
1.2   Elect Director Philip S. Schein, M.D.     For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MODEM MEDIA , INC.

Ticker:       MMPT           Security ID:  607533106
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert H. Beeby           For       For        Management
1.2   Elect  Director Gerald M. O'Connell       For       For        Management
1.3   Elect  Director Marc C. Particelli        For       For        Management
1.4   Elect  Director Don Peppers               For       For        Management
1.5   Elect  Director Joseph Zimmel             For       For        Management
1.6   Elect  Director Donald L. Seeley          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MOTHERS WORK, INC.

Ticker:       MWRK           Security ID:  619903107
Meeting Date: JAN 22, 2004   Meeting Type: Annual
Record Date:  DEC 9, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dan W. Matthias            For       For        Management
1.2   Elect Director Elam M. Hitchner, III      For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MPS GROUP INC

Ticker:       MPS            Security ID:  553409103
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Derek E. Dewan            For       For        Management
1.2   Elect  Director Timothy D. Payne          For       For        Management
1.3   Elect  Director Peter J. Tanous           For       For        Management
1.4   Elect  Director T. Wayne Davis            For       For        Management
1.5   Elect  Director John R. Kennedy           For       For        Management
1.6   Elect  Director Michael D. Abney          For       For        Management
1.7   Elect  Director William M. Isaac          For       For        Management
1.8   Elect  Director Darla D. Moore            For       For        Management
1.9   Elect  Director Arthur B. Laffer          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

MULTIMEDIA GAMES, INC.

Ticker:       MGAM           Security ID:  625453105
Meeting Date: FEB 2, 2004    Meeting Type: Annual
Record Date:  DEC 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas W. Sarnoff          For       For        Management
1.2   Elect Director Clifton E. Lind            For       For        Management
1.3   Elect Director Gordon T. Graves           For       For        Management
1.4   Elect Director Robert D. Repass           For       For        Management
1.5   Elect Director Martin A. Keane            For       For        Management
1.6   Elect Director John M. Winkelman          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NABI BIOPHARMACEUTICALS

Ticker:       NABI           Security ID:  629519109
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Castaldi         For       For        Management
1.2   Elect  Director Geoffrey F. Cox, Ph.D.    For       For        Management
1.3   Elect  Director George W. Ebright         For       For        Management
1.4   Elect  Director Richard A. Harvey, Jr.    For       For        Management
1.5   Elect  Director Linda Jenckes             For       For        Management
1.6   Elect  Director Thomas H. McLain          For       For        Management
1.7   Elect  Director Stephen G. Sudovar        For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Non-Employee Director Stock       For       For        Management
      Option Plan


--------------------------------------------------------------------------------

NAVIGANT CONSULTING INC.

Ticker:       NCI            Security ID:  63935N107
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Thompson         For       For        Management
1.2   Elect  Director Samuel K. Skinner         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NBTY, INC.

Ticker:       NTY            Security ID:  628782104
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arthur Rudolph            For       For        Management
1.2   Elect  Director Glenn Cohen               For       For        Management
1.3   Elect  Director Michael L. Ashner         For       For        Management
1.4   Elect  Director Michael C. Slade          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NU SKIN ENTERPRISES INC.

Ticker:       NUS            Security ID:  67018T105
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Blake M. Roney            For       For        Management
1.2   Elect  Director M. Truman Hunt            For       For        Management
1.3   Elect  Director Sandra N. Tillotson       For       For        Management
1.4   Elect  Director E.J. 'Jake' Garn          For       For        Management
1.5   Elect  Director Paula F. Hawkins          For       For        Management
1.6   Elect  Director Daniel W. Campbell        For       For        Management
1.7   Elect  Director Andrew D. Lipman          For       For        Management
1.8   Elect  Director Jose Ferreira, Jr.        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PAR PHARMACEUTICAL COS INC

Ticker:       PRX            Security ID:  717125108
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter W. Williams         For       For        Management
1.2   Elect  Director Mark Auerbach             For       For        Management
1.3   Elect  Director John D. Abernathy         For       For        Management
2     Change Company Name                       For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

PINNACLE ENTERTAINMENT, INC.

Ticker:       PNK            Security ID:  723456109
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel R. Lee             For       For        Management
1.2   Elect  Director John V. Giovenco          For       For        Management
1.3   Elect  Director Richard J. Goeglein       For       For        Management
1.4   Elect  Director Bruce A. Leslie           For       For        Management
1.5   Elect  Director James L. Martineau        For       For        Management
1.6   Elect  Director Michael Ornest            For       For        Management
1.7   Elect  Director Timothy J. Parrott        For       For        Management
1.8   Elect  Director Lynn P. Reitnouer         For       For        Management


--------------------------------------------------------------------------------

PROVIDENT BANKSHARES CORP.

Ticker:       PBKS           Security ID:  743859100
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Melvin A. Bilal           For       For        Management
1.2   Elect  Director Ward B. Coe, III          For       For        Management
1.3   Elect  Director William J. Crowley, Jr.   For       For        Management
1.4   Elect  Director Gary N. Geisel            For       For        Management
1.5   Elect  Director Bryan J. Logan            For       For        Management
1.6   Elect  Director Frederick W. Meier, Jr.   For       For        Management
2     Approve Merger Agreement                  For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PROVINCE HEALTHCARE CO.

Ticker:       PRV            Security ID:  743977100
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin S. Rash            For       For        Management
1.2   Elect  Director Joseph P. Nolan           For       For        Management
1.3   Elect  Director Winfield C. Dunn          For       For        Management
1.4   Elect  Director Paul J. Feldstein         For       For        Management
1.5   Elect  Director David R. Klock            For       For        Management
1.6   Elect  Director Michael P. Haley          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PULITZER INC.

Ticker:       PTZ            Security ID:  745769109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Susan T. Congalton        For       Did Not    Management
                                                          Vote
1.2   Elect  Director Ken J. Elkins             For       Did Not    Management
                                                          Vote
1.3   Elect  Director Alice B. Hayes            For       Did Not    Management
                                                          Vote
1.4   Elect  Director Richard W. Moore          For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote
3     Adopt New Listing Standards to Improve    Against   Did Not    Shareholder
      Corporate Governance                                Vote


--------------------------------------------------------------------------------

PXRE GROUP (FRM. PXRE CORP.)

Ticker:       PXT            Security ID:  G73018106
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gerald L. Radke           For       For        Management
1.2   Elect  Director F. Sedgwick Browne        For       For        Management
2     Ratify Auditors                           For       For        Management
3     TO APPROVE THE ADOPTION OF THE PXRE 2004  For       For        Management
      INCENTIVE BONUS COMPENSATION PLAN.
4     TO APPROVE THE ADOPTION OF AMENDMENTS TO  For       For        Management
      THE PXRE DIRECTOR STOCK PLAN.


--------------------------------------------------------------------------------

QUIXOTE CORP.

Ticker:       QUIX           Security ID:  749056107
Meeting Date: NOV 13, 2003   Meeting Type: Annual
Record Date:  SEP 16, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James H. DeVries           For       For        Management
1.2   Elect Director Lawrence C. McQuade        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

RANGE RESOURCES CORPORATION

Ticker:       RRC            Security ID:  75281A109
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert E. Aikman          For       For        Management
1.2   Elect  Director Charles L. Blackburn      For       For        Management
1.3   Elect  Director Anthony V. Dub            For       For        Management
1.4   Elect  Director V. Richard Eales          For       For        Management
1.5   Elect  Director Allen Finkelson           For       For        Management
1.6   Elect  Director Jonathan S. Linker        For       For        Management
1.7   Elect  Director John H. Pinkerton         For       For        Management
2     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
3     Amend Stock Option Plan                   For       For        Management


--------------------------------------------------------------------------------

REHABCARE GROUP, INC.

Ticker:       RHB            Security ID:  759148109
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William G. Anderson, CPA  For       For        Management
1.2   Elect  Director Colleen Conway-Welch,     For       For        Management
      Ph.D.
1.3   Elect  Director C. Ray Holman             For       For        Management
1.4   Elect  Director John H. Short, Ph.D.      For       For        Management
1.5   Elect  Director H. Edwin Trusheim         For       For        Management
1.6   Elect  Director Theodore M. Wight         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ROPER INDUSTRIES, INC.

Ticker:       ROP            Security ID:  776696106
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Brian D. Jellison         For       For        Management
1.2   Elect  Director W. Lawrence Banks         For       For        Management
1.3   Elect  Director David W. Devonshire       For       For        Management
1.4   Elect  Director John F. Fort III          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

ROWAN COMPANIES, INC.

Ticker:       RDC            Security ID:  779382100
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William T. Fox III        For       Did Not    Management
                                                          Vote
1.2   Elect  Director Sir Graham Hearne         For       Did Not    Management
                                                          Vote
1.3   Elect  Director H. E. Lentz               For       Did Not    Management
                                                          Vote
1.4   Elect  Director P. Dexter Peacock         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SKILLSOFT PLC [FORMERLY SMARTFORCE PLC (FRM.CBT GROUP PLC)]

Ticker:       SKIL           Security ID:  830928107
Meeting Date: OCT 31, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and Consider Financial Statements For       For        Management
      and Statutory Reports
2     Reelect G. Priest as a Director           For       For        Management
3a    Elect C. Moran as a Director              For       For        Management
3b    Elect W. Coleman as a Director            For       For        Management
3c    Elect S. Gross as a Director              For       For        Management
3d    Elect P. Edelstein as a Director          For       For        Management
4     Authorize Audit Committee to Fix          For       For        Management
      Remuneration of the Auditors
5     Amend 1995 Employee Share Purchase Plan   For       For        Management
      to Increase the Number of Shares
      Available for Issuance Under the Plan by
      800,000 Ordinary Shares of EUR 0.11 Each
6     Transact Other Business (Non-Voting)      None      For        Management


--------------------------------------------------------------------------------

STAGE STORES, INC.

Ticker:       STGS           Security ID:  85254C305
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Scott Davido              For       For        Management
1.2   Elect  Director Alan Gilman               For       For        Management
1.3   Elect  Director Michael Glazer            For       For        Management
1.4   Elect  Director Michael McCreery          For       For        Management
1.5   Elect  Director John Mentzer              For       For        Management
1.6   Elect  Director Margaret Monaco           For       For        Management
1.7   Elect  Director William Montgoris         For       For        Management
1.8   Elect  Director Walter Salmon             For       For        Management
1.9   Elect  Director James Scarborough         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

STEIN MART, INC.

Ticker:       SMRT           Security ID:  858375108
Meeting Date: JUN 8, 2004    Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alvin R. Carpenter        For       For        Management
1.2   Elect  Director Linda McFarland Farthing  For       For        Management
1.3   Elect  Director Michael D. Fisher         For       For        Management
1.4   Elect  Director Mitchell W. Legler        For       For        Management
1.5   Elect  Director Michael D. Rose           For       For        Management
1.6   Elect  Director Richard L. Sisisky        For       For        Management
1.7   Elect  Director Jay Stein                 For       For        Management
1.8   Elect  Director Martin E. Stein, Jr.      For       For        Management
1.9   Elect  Director J. Wayne Weaver           For       For        Management
1.10  Elect  Director John H. Williams, Jr.     For       For        Management
1.11  Elect  Director James H. Winston          For       For        Management


--------------------------------------------------------------------------------

STERIS CORP.

Ticker:       STE            Security ID:  859152100
Meeting Date: JUL 25, 2003   Meeting Type: Annual
Record Date:  MAY 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stephen R. Hardis          For       For        Management
1.2   Elect Director Raymond A. Lancaster       For       For        Management
1.3   Elect Director J.B. Richey                For       For        Management
1.4   Elect Director Les C. Vinney              For       For        Management
2     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

STERLING FINANCIAL CORP.

Ticker:       STSA           Security ID:  859319105
Meeting Date: DEC 11, 2003   Meeting Type: Special
Record Date:  OCT 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

STERLING FINANCIAL CORP.

Ticker:       STSA           Security ID:  859319105
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ned M. Barnes             For       For        Management
1.2   Elect  Director James P. Fugate           For       For        Management
1.3   Elect  Director Robert D. Larrabee        For       For        Management
1.4   Elect  Director Donald N. Bauhofer        For       For        Management
1.5   Elect  Director W.'Ike' L. Eisenhart      For       For        Management


--------------------------------------------------------------------------------

TEREX CORP.

Ticker:       TEX            Security ID:  880779103
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald M. DeFeo           For       For        Management
1.2   Elect  Director G. Chris Andersen         For       For        Management
1.3   Elect  Director Don DeFosset              For       For        Management
1.4   Elect  Director William H. Fike           For       For        Management
1.5   Elect  Director Dr. Donald P. Jacobs      For       For        Management
1.6   Elect  Director David A. Sachs            For       For        Management
1.7   Elect  Director J. C. Watts, Jr.          For       For        Management
1.8   Elect  Director Helge H. Wehmeier         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     Approve Employee Stock Purchase Plan      For       For        Management
6     Approve Deferred Compensation Plan        For       For        Management
7     Approve Outside Director Stock Options in For       For        Management
      Lieu of Cash


--------------------------------------------------------------------------------

TIBCO SOFTWARE, INC.

Ticker:       TIBX           Security ID:  88632Q103
Meeting Date: APR 15, 2004   Meeting Type: Annual
Record Date:  FEB 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Vivek Y. Ranadive         For       For        Management
1.2   Elect  Director Naren Gupta               For       For        Management
1.3   Elect  Director Peter Job                 For       For        Management
1.4   Elect  Director William A. Owens          For       For        Management
1.5   Elect  Director Philip K. Wood            For       For        Management
1.6   Elect  Director Eric Dunn                 For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TLC VISION CORP

Ticker:       TLC            Security ID:  872549100
Meeting Date: JUN 14, 2004   Meeting Type: Annual/Special
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2004 Employee Stock Purchase Plan For       For        Management
2     Amend 1997 Employee Share Purchase Plan   For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4.1   Elect Director Elias Vamvakas             For       For        Management
4.2   Elect Director John J. Klobnak            For       For        Management
4.3   Elect Director Thomas N. Davidson         For       For        Management
4.4   Elect Director Toby S. Wilt               For       For        Management
4.5   Elect Director Dr. William D. Sullins,    For       For        Management
      Jr.
4.6   Elect Director Warren S. Rustand          For       For        Management
4.7   Elect Director Dr. Richard Lindstrom      For       For        Management
5     Appoint Ernst & Young LLP as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors


--------------------------------------------------------------------------------

TOO, INC.

Ticker:       TOO            Security ID:  890333107
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David A. Krinsky          For       For        Management
1.2   Elect  Director Kenneth J. Strottman      For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management


--------------------------------------------------------------------------------

VALEANT PHARMACEUTICALS INTL.

Ticker:       VRX            Security ID:  91911X104
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward A. Burkhardt       For       For        Management
1.2   Elect  Director Timothy C. Tyson          For       For        Management
1.3   Elect  Director Elaine S. Ullian          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WSFS FINANCIAL CORP.

Ticker:       WSFS           Security ID:  929328102
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John F. Downey            For       For        Management
1.2   Elect  Director Thomas P. Preston         For       For        Management
1.3   Elect  Director Marvin N. Schoenhals      For       For        Management
1.4   Elect  Director R. Ted Weschler           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

YANKEE CANDLE COMPANY, INC., THE

Ticker:       YCC            Security ID:  984757104
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dale F. Frey              For       For        Management
1.2   Elect  Director Michael F. Hines          For       For        Management
1.3   Elect  Director Ronald L. Sargent         For       For        Management
2     Ratify Auditors                           For       For        Management




================= BLACKROCK SMALL CAP GROWTH EQUITY PORTFOLIO ==================

ITEM 1 PROXY VOTING RECORD

ACCREDO HEALTH, INC.

Ticker:       ACDO           Security ID:  00437V104
Meeting Date: NOV 25, 2003   Meeting Type: Annual
Record Date:  SEP 30, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dick R. Gourley as Class   For       For        Management
      II Director
1.2   Elect Director Thomas G. Rotherham as     For       For        Management
      Class II Director
1.3   Elect Director William Edward Evans as    For       For        Management
      Class III Director
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ACTUANT CORP

Ticker:       ATU            Security ID:  00508X203
Meeting Date: JAN 9, 2004    Meeting Type: Annual
Record Date:  NOV 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert C. Arzbaecher       For       For        Management
1.2   Elect Director Gustav H.P. Boel           For       For        Management
1.3   Elect Director Bruce S. Chelberg          For       For        Management
1.4   Elect Director H. Richard Crowther        For       For        Management
1.5   Elect Director Thomas J. Fischer          For       For        Management
1.6   Elect Director William K. Hall            For       For        Management
1.7   Elect Director Kathleen J. Hempel         For       For        Management
1.8   Elect Director Robert A. Peterson         For       For        Management
1.9   Elect Director William P. Sovey           For       For        Management
2     Approve Employee Stock Purchase Plan      For       For        Management
3     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

ADVANCED ENERGY INDUSTRIES, INC.

Ticker:       AEIS           Security ID:  007973100
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Douglas S. Schatz         For       For        Management
1.2   Elect  Director Richard P. Beck           For       For        Management
1.3   Elect  Director Robert L. Bratter         For       For        Management
1.4   Elect  Director Arthur A. Noeth           For       For        Management
1.5   Elect  Director Elwood Spedden            For       For        Management
1.6   Elect  Director Gerald M. Starek          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ADVANCIS PHARMACEUTICAL CORP.

Ticker:       AVNC           Security ID:  00764L109
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Gordon Douglas, M.D.   For       For        Management
1.2   Elect  Director Harold R. Werner          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

AGCO CORP.

Ticker:       AG             Security ID:  001084102
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Wayne Booker           For       For        Management
1.2   Elect  Director Gerald B. Johanneson      For       For        Management
1.3   Elect  Director Curtis E. Moll            For       For        Management
1.4   Elect  Director Robert J. Ratliff         For       For        Management
2     Prepare Sustainability Report             Against   Against    Shareholder


--------------------------------------------------------------------------------

AGRIUM INC.

Ticker:       AGU.           Security ID:  008916108
Meeting Date: APR 28, 2004   Meeting Type: Annual/Special
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Neil Carragher            For       For        Management
1.2   Elect  Director Ralph S. Cunningham       For       For        Management
1.3   Elect  Director D. Grant Devine           For       For        Management
1.4   Elect  Director Susan A. Henry            For       For        Management
1.5   Elect  Director Frank W. King             For       For        Management
1.6   Elect  Director Frank W. Proto            For       For        Management
1.7   Elect  Director Harry G. Schaefer         For       For        Management
1.8   Elect  Director Michael M. Wilson         For       For        Management
1.9   Elect  Director Victor J. Zaleschuk       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Amend Shareholder Rights Plan (Poison     For       For        Management
      Pill)


--------------------------------------------------------------------------------

AIRGAS, INC.

Ticker:       ARG            Security ID:  009363102
Meeting Date: JUL 29, 2003   Meeting Type: Annual
Record Date:  JUN 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James W. Hovey             For       For        Management
1.2   Elect Director Paula A. Sneed             For       For        Management
1.3   Elect Director David M. Stout             For       For        Management
1.4   Elect Director William O. Albertini       For       For        Management
2     Approve Employee Stock Purchase Plan      For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ANAREN INC.

Ticker:       ANEN           Security ID:  032744104
Meeting Date: NOV 6, 2003    Meeting Type: Annual
Record Date:  SEP 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dale F. Eck                For       For        Management
1.2   Elect Director Carl W. Gerst, Jr.         For       For        Management
1.3   Elect Director James G. Gould             For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JUN 10, 2004   Meeting Type: Annual/Special
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       For        Management
2.1   Elect  Director William L. Hunter         For       For        Management
2.2   Elect  Director David T. Howard           For       For        Management
2.3   Elect  Director Hartley T. Richardson     For       For        Management
2.4   Elect  Director Edward M. Brown           For       For        Management
2.5   Elect  Director Arthur H. Willms          For       For        Management
2.6   Elect  Director Glen D. Nelson            For       For        Management
3     Ratify Auditors                           For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
5     Amend Articles Re: Remove Pre-Existing    For       For        Management
      Company Provisions
6     Approve Unlimited Capital Authorization   For       Against    Management
7     Adopt New Articles                        For       For        Management
8     Other Business                            For       For        Management


--------------------------------------------------------------------------------

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JAN 20, 2004   Meeting Type: Special
Record Date:  DEC 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2:1 Stock Split                   For       For        Management
2     Approve 2004 Stock Option Plan            For       For        Management
3     Other Business (Voting)                   For       For        Management


--------------------------------------------------------------------------------

ANSWERTHINK CONSULTING GROUP, INC.

Ticker:       ANSR           Security ID:  036916104
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ted A. Fernandez          For       For        Management
1.2   Elect  Director Alan T.G. Wix             For       For        Management


--------------------------------------------------------------------------------

ARGOSY GAMING CO.

Ticker:       AGY            Security ID:  040228108
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lance Callis               For       For        Management
1.2   Elect Director John B. Pratt, Sr.         For       For        Management
1.3   Elect Director Edward F. Brennan          For       For        Management
2     Other Business                            For       For        Management


--------------------------------------------------------------------------------

BOOKHAM TECHNOLOGY

Ticker:                      Security ID:  09856Q108
Meeting Date: MAR 5, 2004    Meeting Type: Special
Record Date:  JAN 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THAT THE ACQUISITION BY WAY OF MERGER OF  For       For        Management
      NEW FOCUS, INC. (THE  ACQUISITION ) UPON
      THE TERMS AND CONDITIONS OF THE AGREEMENT
      DATED 21 SEPTEMBER 2003 BE AND IS HEREBY
      APPROVED.
2     SUBJECT TO THE PASSING OF RESOLUTION 1,   For       For        Management
      THAT THE AUTHORISED SHARE CAPITAL OF THE
      COMPANY BE AND IS HEREBY INCREASED FROM
      1,000,000 POUNDS TO 1,500,000 POUNDS BY
      THE CREATION OF 150,000,000 ADDITIONAL
      ORDINARY SHARES OF 1/3P EACH IN THE
      CAPITAL OF THE COM
3     SUBJECT TO THE PASSING OF RESOLUTION 2,   For       For        Management
      THAT THE DIRECTORS BE AND ARE HEREBY
      GENERALLY AND UNCONDITIONALLY AUTHORISED
      TO EXERCISE ALL THE POWERS OF THE COMPANY
      TO ALLOT RELEVANT SECURITIES.
4     TO AUTHORISE THE DIRECTORS GENERALLY AND  For       For        Management
      UNCONDITIONALLY TO EXERCISE THE POWERS OF
      THE COMPANY TO ALLOT RELEVANT SECURITIES.
5     SUBJECT TO THE PASSING OF RESOLUTION 4,   For       For        Management
      THAT THE DIRECTORS BE AND ARE HEREBY
      EMPOWERED TO ALLOT EQUITY SECURITIES.


--------------------------------------------------------------------------------

BOOKHAM TECHNOLOGY

Ticker:                      Security ID:  09856Q108
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE THE ACCOUNTS, TOGETHER WITH    For       For        Management
      THE DIRECTORS  REPORT, THE DIRECTORS
      REMUNERATION REPORT AND AUDITORS  REPORT.
2     TO APPROVE THE DIRECTOR S REMUNERATION    For       For        Management
      REPORT AS SET OUT IN THE ANNUAL REPORT
      AND ACCOUNTS FOR THE FINANCIAL YEAR ENDED
      31 DECEMBER 2003.
3     TO RE-ELECT ROBERT RICKMAN AS A DIRECTOR  For       For        Management
      OF THE COMPANY.
4     TO ELECT DR. PETER BORDUI AS A DIRECTOR   For       For        Management
      OF THE COMPANY.
5     TO ELECT DR. WINSTON FU AS A DIRECTOR OF  For       For        Management
      THE COMPANY.
6     Ratify Auditors                           For       For        Management
7     TO AUTHORISE THE DIRECTORS GENERALLY AND  For       For        Management
      UNCONDITIONALLY PURSUANT TO SECTION 80 OF
      THE COMPANIES ACT 1985 TO EXERCISE ALL
      THE POWERS OF THE COMPANY TO ALLOT
      RELEVANT SECURITIES.
8     SUBJECT TO THE PASSING OF RESOLUTION 7    For       For        Management
      ABOVE, THAT THE DIRECTORS BE AND ARE
      HEREBY EMPOWERED TO ALLOT EQUITY
      SECURITIES.
9     THAT THE COMPANY IS GENERALLY AND         For       For        Management
      UNCONDITIONALLY HEREBY AUTHORISED TO MAKE
      MARKET PURCHASES OF ANY OF ITS ORDINARY
      SHARES.


--------------------------------------------------------------------------------

BORLAND SOFTWARE CORP.

Ticker:       BORL           Security ID:  099849101
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Miller         For       For        Management
1.2   Elect  Director Laura S. Unger            For       For        Management
1.3   Elect  Director T. Michael Nevens         For       For        Management
2     Declassify the Board of Directors         Against   Against    Shareholder
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CEC ENTERTAINMENT, INC.

Ticker:       CEC            Security ID:  125137109
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael H. Magusiak       For       For        Management
1.2   Elect  Director Walter Tyree              For       For        Management
2     Approve Restricted Stock Plan             For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


--------------------------------------------------------------------------------

CENTILLIUM COMMUNICATIONS, INC.

Ticker:       CTLM           Security ID:  152319109
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Irwin Federman            For       For        Management
1.2   Elect  Director Robert C. Hawk            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

CHENIERE ENERGY, INC.

Ticker:       LNG            Security ID:  16411R208
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nuno Brandolini           For       For        Management
1.2   Elect  Director Keith F. Carney           For       For        Management
1.3   Elect  Director Paul J. Hoenmans          For       For        Management
1.4   Elect  Director David B. Kilpatrick       For       For        Management
1.5   Elect  Director Charif Souki              For       For        Management
1.6   Elect  Director J. Robinson West          For       For        Management
1.7   Elect  Director Walter L. Williams        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


--------------------------------------------------------------------------------

CRYOLIFE, INC.

Ticker:       CRY            Security ID:  228903100
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAY 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Steven G. Anderson         For       For        Management
1.2   Elect Director Thomas F. Ackerman         For       For        Management
1.3   Elect Director Daniel J. Bevevino         For       For        Management
1.4   Elect Director John M. Cook               For       For        Management
1.5   Elect Director Ronald C. Elkins, M.D.     For       For        Management
1.6   Elect Director Virginia C. Lacy           For       For        Management
1.7   Elect Director Randy D. McCall, Esq       For       For        Management
1.8   Elect Director Bruce J. Van Dyne, M.D.    For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan


--------------------------------------------------------------------------------

CSK AUTO CORP.

Ticker:       CAO            Security ID:  125965103
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Maynard Jenkins           For       For        Management
1.2   Elect  Director James G. Bazlen           For       For        Management
1.3   Elect  Director Morton Godlas             For       For        Management
1.4   Elect  Director Terilyn A. Henderson      For       For        Management
1.5   Elect  Director Charles K. Marquis        For       For        Management
1.6   Elect  Director Charles J. Philippin      For       For        Management
1.7   Elect  Director William A. Shutzer        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


--------------------------------------------------------------------------------

CUMULUS MEDIA INC.

Ticker:       CMLS           Security ID:  231082108
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eric P. Robison           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DIGITALNET HOLDINGS, INC.

Ticker:       DNET           Security ID:  25389B103
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ken S. Bajaj              For       For        Management
1.2   Elect  Director Craig A. Bondy            For       For        Management
1.3   Elect  Director Philip A. Canfield        For       For        Management
1.4   Elect  Director Alan G. Merten            For       For        Management
1.5   Elect  Director Edward C. Meyer           For       For        Management
1.6   Elect  Director Richard N. Perle          For       For        Management
1.7   Elect  Director Bruce V. Rauner           For       For        Management
1.8   Elect  Director Stuart J. Yarbrough       For       For        Management


--------------------------------------------------------------------------------

DIGITAS INC

Ticker:       DTAS           Security ID:  25388K104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert R. Glatz           For       For        Management
1.2   Elect  Director David W. Kenny            For       For        Management


--------------------------------------------------------------------------------

EDUCATION MANAGEMENT CORP.

Ticker:       EDMC           Security ID:  28139T101
Meeting Date: NOV 20, 2003   Meeting Type: Annual
Record Date:  SEP 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert H. Atwell           For       For        Management
1.2   Elect Director William M. Campbell, III   For       For        Management
1.3   Elect Director Friedrich Teroerde         For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EXACT SCIENCES CORP.

Ticker:       EXAS           Security ID:  30063P105
Meeting Date: JUN 9, 2004    Meeting Type: Annual
Record Date:  APR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Don M. Hardison           For       For        Management
1.2   Elect  Director Connie Mack, III          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EXAR CORPORATION

Ticker:       EXAR           Security ID:  300645108
Meeting Date: SEP 4, 2003    Meeting Type: Annual
Record Date:  JUL 11, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Dr. Frank P. Carrubba      For       For        Management
2     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


--------------------------------------------------------------------------------

EXTREME NETWORKS, INC.

Ticker:       EXTR           Security ID:  30226D106
Meeting Date: DEC 3, 2003    Meeting Type: Annual
Record Date:  OCT 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Bob L. Corey               For       For        Management
1.2   Elect Director Peter Wolken               For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FILENET CORP.

Ticker:       FILE           Security ID:  316869106
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director L. George Klaus           For       For        Management
1.2   Elect  Director William P. Lyons          For       For        Management
1.3   Elect  Director Lee D. Roberts            For       For        Management
1.4   Elect  Director John C. Savage            For       For        Management
1.5   Elect  Director Roger S. Siboni           For       For        Management
1.6   Elect  Director Theodore J. Smith         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FLOWSERVE CORP.

Ticker:       FLS            Security ID:  34354P105
Meeting Date: JUN 22, 2004   Meeting Type: Annual
Record Date:  APR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Christopher A. Bartlett   For       For        Management
1.2   Elect  Director Hugh K. Coble             For       For        Management
1.3   Elect  Director George T. Haymaker, Jr.   For       For        Management
1.4   Elect  Director William C. Rusnack        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

FOREST OIL CORP.

Ticker:       FST            Security ID:  346091705
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Cortlandt S. Dietler      For       For        Management
1.2   Elect  Director Dod A. Fraser             For       For        Management
1.3   Elect  Director Patrick R. McDonald       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GAMESTOP CORP

Ticker:       GME            Security ID:  36466R101
Meeting Date: JUN 29, 2004   Meeting Type: Annual
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Richard Fontaine       For       For        Management
1.2   Elect  Director Stephanie M. Shern        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GARTNER , INC.

Ticker:       IT             Security ID:  366651107
Meeting Date: JUN 30, 2004   Meeting Type: Annual
Record Date:  MAY 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Maynard G. Webb, Jr.      For       For        Management


--------------------------------------------------------------------------------

GLOBESPANVIRATA INC.

Ticker:       GSPN           Security ID:  37957V106
Meeting Date: OCT 16, 2003   Meeting Type: Annual
Record Date:  AUG 20, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Armando Geday              For       For        Management
1.2   Elect Director Bami Bastani               For       For        Management
1.3   Elect Director Steven J. Bilodeau         For       For        Management
1.4   Elect Director Gary Bloom                 For       For        Management
1.5   Elect Director Dipanjan Deb               For       For        Management
1.6   Elect Director John Marren                For       For        Management
1.7   Elect Director Garry K. McGuire, Sr.      For       For        Management
1.8   Elect Director Giuseppe Zocco             For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GRANT PRIDECO INC

Ticker:       GRP            Security ID:  38821G101
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David J. Butters          For       For        Management
1.2   Elect  Director Eliot M. Fried            For       For        Management
1.3   Elect  Director Dennis R. Hendrix         For       For        Management
1.4   Elect  Director Harold E. Layman          For       For        Management
1.5   Elect  Director Sheldon B. Lubar          For       For        Management
1.6   Elect  Director Michael Mcshane           For       For        Management
1.7   Elect  Director Robert K. Moses, Jr.      For       For        Management
1.8   Elect  Director Joseph E. Reid            For       For        Management
1.9   Elect  Director David A. Trice            For       For        Management


--------------------------------------------------------------------------------

GRAY TELEVISION INC.

Ticker:       GTN.A          Security ID:  389375106
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Mack Robinson          For       For        Management
1.2   Elect  Director Robert S. Prather, Jr.    For       For        Management
1.3   Elect  Director Hilton H. Howell, Jr.     For       For        Management
1.4   Elect  Director William E. Mayher, III    For       For        Management
1.5   Elect  Director Richard L. Boger          For       For        Management
1.6   Elect  Director Ray M. Deaver             For       For        Management
1.7   Elect  Director T.L. Elder                For       For        Management
1.8   Elect  Director Howell W. Newton          For       For        Management
1.9   Elect  Director Hugh E. Norton            For       For        Management
1.10  Elect  Director Harriet J. Robinson       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

HEIDRICK & STRUGGLES INTERNATIONAL, INC.

Ticker:       HSII           Security ID:  422819102
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard I. Beattie        For       For        Management
1.2   Elect  Director John A. Fazio             For       For        Management
1.3   Elect  Director Thomas J. Friel           For       For        Management
1.4   Elect  Director Antonio Borges            For       For        Management


--------------------------------------------------------------------------------

HENRY SCHEIN, INC.

Ticker:       HSIC           Security ID:  806407102
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stanley M. Bergman         For       For        Management
1.2   Elect Director Gerald A. Benjamin         For       For        Management
1.3   Elect Director James P. Breslawski        For       For        Management
1.4   Elect Director Mark E. Mlotek             For       For        Management
1.5   Elect Director Steven Paladino            For       For        Management
1.6   Elect Director Barry J. Alperin           For       For        Management
1.7   Elect Director Pamela Joseph              For       For        Management
1.8   Elect Director Donald J. Kabat            For       For        Management
1.9   Elect Director Marvin H. Schein           For       For        Management
1.10  Elect Director Irving Shafran             For       For        Management
1.11  Elect Director Philip A. Laskawy          For       For        Management
1.12  Elect Director Norman S. Matthews         For       For        Management
1.13  Elect Director Louis W. Sullivan          For       For        Management
1.14  Elect Director Margaret A. Hamburg        For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
4     Approve Employee Stock Purchase Plan      For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HERLEY INDUSTRIES, INC.

Ticker:       HRLY           Security ID:  427398102
Meeting Date: JAN 15, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lee N. Blatt as Class I    For       For        Management
      Director
1.2   Elect Director Admiral Edward K. Walker,  For       For        Management
      Jr. (Ret.) as Class I Director
1.3   Elect Director Dr. Edward A. Bogucz as    For       For        Management
      Class II Director
1.4   Elect Director Admiral Robert M. Moore    For       For        Management
      (Ret.) as Class III Director


--------------------------------------------------------------------------------

HOLOGIC, INC.

Ticker:       HOLX           Security ID:  436440101
Meeting Date: MAR 1, 2004    Meeting Type: Annual
Record Date:  JAN 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John W. Cumming           For       For        Management
1.2   Elect  Director Irwin Jacobs              For       For        Management
1.3   Elect  Director David R. LaVance, Jr.     For       For        Management
1.4   Elect  Director Nancy L. Leaming          For       For        Management
1.5   Elect  Director Glenn P. Muir             For       For        Management
1.6   Elect  Director William A. Peck           For       For        Management
1.7   Elect  Director Jay A. Stein              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

INET TECHNOLOGIES, INC.

Ticker:       INET           Security ID:  45662V105
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Adams            For       Did Not    Management
                                                          Vote
1.2   Elect  Director M. Samuel Self            For       Did Not    Management
                                                          Vote
2     Amend Employee Stock Purchase Plan        For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

INSIGHT COMMUNICATIONS COMPANY, INC.

Ticker:       ICCI           Security ID:  45768V108
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sidney R. Knafel          For       For        Management
1.2   Elect  Director Michael S. Willner        For       For        Management
1.3   Elect  Director Dinni Jain                For       For        Management
1.4   Elect  Director Thomas L. Kempner         For       For        Management
1.5   Elect  Director Geraldine B. Laybourne    For       For        Management
1.6   Elect  Director James S. Marcus           For       For        Management
1.7   Elect  Director Daniel S. O'Connell       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INTEGRATED DEVICE TECHNOLOGY, INC.

Ticker:       IDTI           Security ID:  458118106
Meeting Date: SEP 12, 2003   Meeting Type: Annual
Record Date:  JUL 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Gregory S. Lang            For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INVERESK RESEARCH GROUP, INC

Ticker:       IRGI           Security ID:  461238107
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John T. Henderson         For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

IOMEGA CORP.

Ticker:       IOM            Security ID:  462030305
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert P. Berkowitz       For       For        Management
1.2   Elect  Director Bruce B. Darling          For       For        Management
1.3   Elect  Director Stephen N. David          For       For        Management
1.4   Elect  Director Margaret L. Hardin        For       For        Management
1.5   Elect  Director Werner T. Heid            For       For        Management
1.6   Elect  Director John E. Nolan             For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


--------------------------------------------------------------------------------

JACOBS ENGINEERING GROUP INC.

Ticker:       JEC            Security ID:  469814107
Meeting Date: FEB 10, 2004   Meeting Type: Annual
Record Date:  JAN 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert C. Davidson, Jr.   For       For        Management
1.2   Elect  Director Edward V. Fritzky         For       For        Management
1.3   Elect  Director Robert B. Gwyn            For       For        Management
1.4   Elect  Director Linda K. Jacobs           For       For        Management
1.5   Elect  Director Benjamin F. Montoya       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

JOY GLOBAL, INC.

Ticker:       JOYG           Security ID:  481165108
Meeting Date: FEB 24, 2004   Meeting Type: Annual
Record Date:  JAN 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven L. Gerard          For       For        Management
1.2   Elect  Director John Nils Hanson          For       For        Management
1.3   Elect  Director Ken C. Johnsen            For       For        Management
1.4   Elect  Director James R. Klauser          For       For        Management
1.5   Elect  Director Richard B. Loynd          For       For        Management
1.6   Elect  Director P. Eric Siegert           For       For        Management
1.7   Elect  Director James H. Tate             For       For        Management


--------------------------------------------------------------------------------

LABOR READY, INC.

Ticker:       LRW            Security ID:  505401208
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Sullivan        For       For        Management
1.2   Elect  Director Carl W. Schafer           For       For        Management
1.3   Elect  Director William W. Steele         For       For        Management
1.4   Elect  Director Joseph P. Sambataro, Jr.  For       For        Management
1.5   Elect  Director Gates McKibbin            For       For        Management
1.6   Elect  Director Thomas E. McChesney       For       For        Management
1.7   Elect  Director Mark R. Beatty            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LAIDLAW INTERNATIONAL, INC.

Ticker:       LI             Security ID:  50730R102
Meeting Date: FEB 10, 2004   Meeting Type: Annual
Record Date:  DEC 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John F. Chlebowski         For       For        Management
1.2   Elect Director James H. Dickerson, Jr.    For       For        Management
1.3   Elect Director Maria A. Sastre            For       For        Management


--------------------------------------------------------------------------------

LAUREATE EDUCATION INC.

Ticker:       PR             Security ID:  871399101
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Douglas L. Becker         For       Did Not    Management
                                                          Vote
1.2   Elect  Director James H. McGuire          For       Did Not    Management
                                                          Vote
1.3   Elect  Director Richard W. Riley          For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

LAWSON SOFTWARE INC

Ticker:       LWSN           Security ID:  520780107
Meeting Date: OCT 30, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John J. Coughlan           For       For        Management
1.2   Elect Director David J. Eskra             For       For        Management
1.3   Elect Director David R. Hubers            For       For        Management
1.4   Elect Director Thomas G. Hudson           For       For        Management
1.5   Elect Director Richard D. Kreysar         For       For        Management
1.6   Elect Director David S. B. Lang           For       For        Management
1.7   Elect Director H. Richard Lawson          For       For        Management
1.8   Elect Director Michael A. Rocca           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LEAPFROG ENTERPRISES INC

Ticker:       LF             Security ID:  52186N106
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven B. Fink            For       For        Management
1.2   Elect  Director Paul A. Rioux             For       For        Management
1.3   Elect  Director Michael C. Wood           For       For        Management
1.4   Elect  Director Thomas J. Kalinske        For       For        Management
1.5   Elect  Director Jeremy J. Perez           For       For        Management
1.6   Elect  Director Jeffrey Berg              For       For        Management
1.7   Elect  Director Stanley E. Maron          For       For        Management
1.8   Elect  Director E. Stanton McKee, Jr.     For       For        Management
1.9   Elect  Director Barry Munitz              For       For        Management
1.10  Elect  Director Stewart A. Resnick        For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LINENS 'N THINGS, INC.

Ticker:       LIN            Security ID:  535679104
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stanley P. Goldstein      For       For        Management
1.2   Elect  Director Robert Kamerschen         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

MASSEY ENERGY COMPANY

Ticker:       MEE            Security ID:  576206106
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Grant          For       For        Management
1.2   Elect  Director Dan R. Moore              For       For        Management
1.3   Elect  Director Martha R. Seger           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

MEDICIS PHARMACEUTICAL CORP.

Ticker:       MRX            Security ID:  584690309
Meeting Date: NOV 19, 2003   Meeting Type: Annual
Record Date:  OCT 10, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arthur G. Altschul, Jr.    For       For        Management
1.2   Elect Director Philip S. Schein, M.D.     For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MESA AIR GROUP, INC.

Ticker:       MESA           Security ID:  590479101
Meeting Date: MAR 2, 2004    Meeting Type: Annual
Record Date:  JAN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jonathan G. Ornstein      For       For        Management
1.2   Elect  Director Daniel J. Altobello       For       For        Management
1.3   Elect  Director Robert Beleson            For       For        Management
1.4   Elect  Director Ronald R. Fogleman        For       For        Management
1.5   Elect  Director Joseph L. Manson          For       For        Management
1.6   Elect  Director Maurice A. Parker         For       For        Management
1.7   Elect  Director Julie Silcock             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MICREL, INC.

Ticker:       MCRL           Security ID:  594793101
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Raymond D. Zinn           For       For        Management
1.2   Elect  Director Warren H. Muller          For       For        Management
1.3   Elect  Director Larry L. Hansen           For       For        Management
1.4   Elect  Director George Kelly              For       For        Management
1.5   Elect  Director Donald Livingstone        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MICROSEMI CORP.

Ticker:       MSCC           Security ID:  595137100
Meeting Date: FEB 25, 2004   Meeting Type: Annual
Record Date:  JAN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James J. Peterson          For       For        Management
1.2   Elect Director Nick E. Yocca              For       For        Management
1.3   Elect Director Thomas R. Anderson         For       For        Management
1.4   Elect Director Dennis  R. Leibel          For       For        Management
1.5   Elect Director William E. Bendush         For       For        Management
1.6   Elect Director William L. Healey          For       For        Management
1.7   Elect Director Harold A. Blonquist        For       For        Management


--------------------------------------------------------------------------------

MINDSPEED TECHNOLOGIES, INC.

Ticker:       MSPD           Security ID:  602682106
Meeting Date: FEB 26, 2004   Meeting Type: Annual
Record Date:  DEC 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Director D.R. Beall       For       For        Management
1.2   Elect  Director Director J.L. Stead       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MKS INSTRUMENTS, INC.

Ticker:       MKSI           Security ID:  55306N104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James G. Berges           For       For        Management
1.2   Elect  Director Richard S. Chute          For       For        Management
1.3   Elect  Director Owen W. Robbins           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Amend Employee Stock Purchase Plan        For       For        Management
6     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MODEM MEDIA , INC.

Ticker:       MMPT           Security ID:  607533106
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert H. Beeby           For       For        Management
1.2   Elect  Director Gerald M. O'Connell       For       For        Management
1.3   Elect  Director Marc C. Particelli        For       For        Management
1.4   Elect  Director Don Peppers               For       For        Management
1.5   Elect  Director Joseph Zimmel             For       For        Management
1.6   Elect  Director Donald L. Seeley          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MPS GROUP INC

Ticker:       MPS            Security ID:  553409103
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Derek E. Dewan            For       For        Management
1.2   Elect  Director Timothy D. Payne          For       For        Management
1.3   Elect  Director Peter J. Tanous           For       For        Management
1.4   Elect  Director T. Wayne Davis            For       For        Management
1.5   Elect  Director John R. Kennedy           For       For        Management
1.6   Elect  Director Michael D. Abney          For       For        Management
1.7   Elect  Director William M. Isaac          For       For        Management
1.8   Elect  Director Darla D. Moore            For       For        Management
1.9   Elect  Director Arthur B. Laffer          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

MULTIMEDIA GAMES, INC.

Ticker:       MGAM           Security ID:  625453105
Meeting Date: FEB 2, 2004    Meeting Type: Annual
Record Date:  DEC 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas W. Sarnoff          For       For        Management
1.2   Elect Director Clifton E. Lind            For       For        Management
1.3   Elect Director Gordon T. Graves           For       For        Management
1.4   Elect Director Robert D. Repass           For       For        Management
1.5   Elect Director Martin A. Keane            For       For        Management
1.6   Elect Director John M. Winkelman          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NABI BIOPHARMACEUTICALS

Ticker:       NABI           Security ID:  629519109
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David L. Castaldi         For       For        Management
1.2   Elect  Director Geoffrey F. Cox, Ph.D.    For       For        Management
1.3   Elect  Director George W. Ebright         For       For        Management
1.4   Elect  Director Richard A. Harvey, Jr.    For       For        Management
1.5   Elect  Director Linda Jenckes             For       For        Management
1.6   Elect  Director Thomas H. McLain          For       For        Management
1.7   Elect  Director Stephen G. Sudovar        For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Non-Employee Director Stock       For       For        Management
      Option Plan


--------------------------------------------------------------------------------

NAVIGANT CONSULTING INC.

Ticker:       NCI            Security ID:  63935N107
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Thompson         For       For        Management
1.2   Elect  Director Samuel K. Skinner         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NDCHEALTH CORP

Ticker:       NDC            Security ID:  639480102
Meeting Date: OCT 23, 2003   Meeting Type: Annual
Record Date:  AUG 27, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Walter M. Hoff             For       For        Management
1.2   Elect Director Neil Williams              For       For        Management


--------------------------------------------------------------------------------

NEKTAR THERAPEUTICS

Ticker:       NKTR           Security ID:  640268108
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Christopher A. Kuebler    For       For        Management
1.2   Elect  Director Irwin Lerner              For       For        Management
1.3   Elect  Director John S. Patton, Ph.D.     For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OCEANEERING INTERNATIONAL, INC.

Ticker:       OII            Security ID:  675232102
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David S. Hooker           For       For        Management
1.2   Elect  Director Harris J. Pappas          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PANERA BREAD COMPANY

Ticker:       PNRA           Security ID:  69840W108
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Larry J. Franklin         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PAR PHARMACEUTICAL COS INC

Ticker:       PRX            Security ID:  717125108
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter W. Williams         For       For        Management
1.2   Elect  Director Mark Auerbach             For       For        Management
1.3   Elect  Director John D. Abernathy         For       For        Management
2     Change Company Name                       For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

PARKER DRILLING CO.

Ticker:       PKD            Security ID:  701081101
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bernard Duroc-Danner      For       For        Management
1.2   Elect  Director James E. Barnes           For       For        Management
1.3   Elect  Director Robert M. Gates           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PIER 1 IMPORTS, INC

Ticker:       PIR            Security ID:  720279108
Meeting Date: JUN 25, 2004   Meeting Type: Annual
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marvin J. Girouard        For       For        Management
1.2   Elect  Director James M. Hoak, Jr.        For       For        Management
1.3   Elect  Director Tom M. Thomas             For       For        Management
1.4   Elect  Director John H. Burgoyne          For       For        Management
1.5   Elect  Director Michael R. Ferrari        For       For        Management
1.6   Elect  Director Karen W. Katz             For       For        Management
1.7   Elect  Director Terry E. London           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management


--------------------------------------------------------------------------------

PLATINUM UNDERWRITERS HOLDINGS LTD

Ticker:       PTP            Security ID:  G7127P100
Meeting Date: SEP 17, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect H. Baldwin, J. Bank, D. Carmichael, For       For        Management
      N. Currie, J. Fishman, G. Morrison, S.
      Newman, and P. Pruitt as Directors
2a    Elect G. Morrison as Director of Platinum For       For        Management
      Underwriters Bermuda, Ltd.
2b    Elect M. Price as Director of Platinum    For       For        Management
      Underwriters Bermuda, Ltd.
2c    Elect W. Robble as Director of Platinum   For       For        Management
      Underwriters Bermuda, Ltd.
3a    Elect G. Morrison as Director of Platinum For       For        Management
      Re (UK) Ltd.
3b    Elect C. Pettengell as Director of        For       For        Management
      Platinum Re (UK) Ltd.
3c    Elect R. Porter as Director of Platinum   For       For        Management
      Re (UK) Ltd.
4     Approve Section 162(m) Performance        For       For        Management
      Incentive Plan
5     Ratify KPMG as Auditors                   For       For        Management


--------------------------------------------------------------------------------

PLATINUM UNDERWRITERS HOLDINGS LTD

Ticker:       PTP            Security ID:  G7127P100
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director H. Furlong Baldwin        For       For        Management
1.2   Elect  Director Jonathan F. Bank          For       For        Management
1.3   Elect  Director Dan R. Carmichael         For       For        Management
1.4   Elect  Director Neill A. Currie           For       For        Management
1.5   Elect  Director Jay S. Fishman            For       For        Management
1.6   Elect  Director Gregory E.A. Morrison     For       For        Management
1.7   Elect  Director Steven H. Newman          For       For        Management
1.8   Elect  Director Peter T. Pruitt           For       For        Management
2     THE PROPOSAL TO ELECT GREGORY E.A.        For       For        Management
      MORRISON TO THE BOARD OF DIRECTORS OF
      PLATINUM UNDERWRITERS BERMUDA, LTD.
3     THE PROPOSAL TO ELECT MICHAEL D. PRICE TO For       For        Management
      THE BOARD OF DIRECTORS OF PLATINUM
      UNDERWRITERS BERMUDA, LTD.
4     THE PROPOSAL TO ELECT WILLIAM A. ROBBIE   For       For        Management
      TO THE BOARD OF DIRECTORS OF PLATINUM
      UNDERWRITERS BERMUDA, LTD.
5     THE PROPOSAL TO RATIFY THE APPOINTMENT OF For       For        Management
      WILLIAM A. ROBBIE TO THE BOARD OF
      DIRECTORS OF PLATINUM RE (UK) LIMITED.
6     THE PROPOSAL TO RATIFY THE APPOINTMENT OF For       For        Management
      RUSSELL WORSLEY TO THE BOARD OF DIRECTORS
      OF PLATINUM RE (UK) LIMITED.
7     THE PROPOSAL TO AMEND BYE-LAWS OF THE     For       For        Management
      COMPANY BY REMOVING SECTION 44(2), WHICH
      REQUIRES THE SHAREHOLDERS OF THE COMPANY
      TO CONSIDER MATTERS THAT ARE SUBMITTED TO
      THE SHAREHOLDERS OF THE COMPANY S
      NON-U.S. SUBSIDIARIES.
8     THE PROPOSAL TO APPROVE THE COMPANY S     For       For        Management
      2002 SHARE INCENTIVE PLAN.
9     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PLAYBOY ENTERPRISES, INC.

Ticker:       PLA.A          Security ID:  728117300
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

POPE & TALBOT, INC.

Ticker:       POP            Security ID:  732827100
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles Crocker           For       For        Management
1.2   Elect  Director Michael Flannery          For       For        Management
1.3   Elect  Director Robert G. Funari          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

POWERWAVE TECHNOLOGIES, INC.

Ticker:       PWAV           Security ID:  739363109
Meeting Date: JUL 16, 2003   Meeting Type: Annual
Record Date:  MAY 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Daniel A. Artusi           For       For        Management
1.2   Elect Director Gregory M. Avis            For       For        Management
1.3   Elect Director John L. Clendenin          For       For        Management
1.4   Elect Director Bruce C. Edwards           For       For        Management
1.5   Elect Director David L. George            For       For        Management
1.6   Elect Director Eugene L. Goda             For       For        Management
1.7   Elect Director Carl W. Neun               For       For        Management
1.8   Elect Director Safi U. Qureshey           For       For        Management
1.9   Elect Director Andrew J. Sukawaty         For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PRIDE INTERNATIONAL, INC.

Ticker:       PDE            Security ID:  74153Q102
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert L. Barbanell       For       Did Not    Management
                                                          Vote
1.2   Elect  Director Paul A. Bragg             For       Did Not    Management
                                                          Vote
1.3   Elect  Director David A.B. Brown          For       Did Not    Management
                                                          Vote
1.4   Elect  Director J.C. Burton               For       Did Not    Management
                                                          Vote
1.5   Elect  Director Jorge E. Estrada          For       Did Not    Management
                                                          Vote
1.6   Elect  Director William E. Macaulay       For       Did Not    Management
                                                          Vote
1.7   Elect  Director Ralph D. Mcbride          For       Did Not    Management
                                                          Vote
1.8   Elect  Director David B. Robson           For       Did Not    Management
                                                          Vote
2     Approve Non-Employee Director Stock       For       Did Not    Management
      Option Plan                                         Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

RARE HOSPITALITY INTERNATIONAL, INC.

Ticker:       RARE           Security ID:  753820109
Meeting Date: MAY 10, 2004   Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James D. Dixon            For       For        Management
1.2   Elect  Director Eugene I. Lee, Jr.        For       For        Management
1.3   Elect  Director Ronald W. San Martin      For       For        Management
1.4   Elect  Director Roger L. Boeve            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

REALNETWORKS, INC.

Ticker:       RNWK           Security ID:  75605L104
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eric A. Benhamou          For       For        Management
1.2   Elect  Director Edward Bleier             For       For        Management
1.3   Elect  Director Kalpana Raina             For       For        Management
2     Approve Outside Director Stock            For       For        Management
      Awards/Options in Lieu of Cash


--------------------------------------------------------------------------------

REEBOK INTERNATIONAL LTD.

Ticker:       RBK            Security ID:  758110100
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Norman Axelrod            For       For        Management
1.2   Elect  Director Paul R. Duncan            For       For        Management
1.3   Elect  Director Richard G. Lesser         For       For        Management
1.4   Elect  Director Deval L. Patrick          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

REMINGTON OIL & GAS CORP.

Ticker:       REM            Security ID:  759594302
Meeting Date: MAY 24, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John E. Goble, Jr.        For       For        Management
1.2   Elect  Director William E. Greenwood      For       For        Management
1.3   Elect  Director Robert P. Murphy          For       For        Management
1.4   Elect  Director David E. Preng            For       For        Management
1.5   Elect  Director Thomas W. Rollins         For       For        Management
1.6   Elect  Director Alan C. Shapiro           For       For        Management
1.7   Elect  Director James A. Watt             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

RESOURCES CONNECTION, INC.

Ticker:       RECN           Security ID:  76122Q105
Meeting Date: OCT 17, 2003   Meeting Type: Annual
Record Date:  AUG 22, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Donald B. Murray           For       For        Management
1.2   Elect Director Gerald Rosenfeld           For       For        Management
1.3   Elect Director A. Robert Pisano           For       For        Management


--------------------------------------------------------------------------------

RESPIRONICS, INC.

Ticker:       RESP           Security ID:  761230101
Meeting Date: NOV 18, 2003   Meeting Type: Annual
Record Date:  OCT 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph C. Lawyer           For       For        Management
1.2   Elect Director Sean McDonald              For       For        Management
1.3   Elect Director John C. Miles II           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

RUDOLPH TECHNOLOGIES, INC.

Ticker:       RTEC           Security ID:  781270103
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel H. Berry           For       For        Management
1.2   Elect  Director Thomas G. Greig           For       For        Management
1.3   Elect  Director Richard F. Spanier        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SAPIENT CORPORATION

Ticker:       SAPE           Security ID:  803062108
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Darius W. Gaskins, Jr.    For       Did Not    Management
                                                          Vote
1.2   Elect  Director Gary S. McKissock         For       Did Not    Management
                                                          Vote
1.3   Elect  Director J. Stuart Moore           For       Did Not    Management
                                                          Vote
2     Declassify the Board of Directors         For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

SINCLAIR BROADCAST GROUP, INC.

Ticker:       SBGI           Security ID:  829226109
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David D. Smith            For       For        Management
1.2   Elect  Director Frederick G. Smith        For       For        Management
1.3   Elect  Director J. Duncan Smith           For       For        Management
1.4   Elect  Director Robert E. Smith           For       For        Management
1.5   Elect  Director Basil A. Thomas           For       For        Management
1.6   Elect  Director Lawrence E. Mccanna       For       For        Management
1.7   Elect  Director Daniel C. Keith           For       For        Management
1.8   Elect  Director Martin R. Leader          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SKILLSOFT PLC [FORMERLY SMARTFORCE PLC (FRM.CBT GROUP PLC)]

Ticker:       SKIL           Security ID:  830928107
Meeting Date: OCT 31, 2003   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and Consider Financial Statements For       For        Management
      and Statutory Reports
2     Reelect G. Priest as a Director           For       For        Management
3a    Elect C. Moran as a Director              For       For        Management
3b    Elect W. Coleman as a Director            For       For        Management
3c    Elect S. Gross as a Director              For       For        Management
3d    Elect P. Edelstein as a Director          For       For        Management
4     Authorize Audit Committee to Fix          For       For        Management
      Remuneration of the Auditors
5     Amend 1995 Employee Share Purchase Plan   For       For        Management
      to Increase the Number of Shares
      Available for Issuance Under the Plan by
      800,000 Ordinary Shares of EUR 0.11 Each
6     Transact Other Business (Non-Voting)      None      For        Management


--------------------------------------------------------------------------------

SKYWEST, INC.

Ticker:       SKYW           Security ID:  830879102
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jerry C. Atkin            For       For        Management
1.2   Elect  Director J. Ralph Atkin            For       For        Management
1.3   Elect  Director Steven F. Udvar-Hazy      For       For        Management
1.4   Elect  Director Ian M. Cumming            For       For        Management
1.5   Elect  Director W. Steve Albrecht         For       For        Management
1.6   Elect  Director Mervyn K. Cox             For       For        Management
1.7   Elect  Director Sidney J. Atkin           For       For        Management
1.8   Elect  Director Hyrum W. Smith            For       For        Management
1.9   Elect  Director Robert G. Sarver          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SONIC CORP.

Ticker:       SONC           Security ID:  835451105
Meeting Date: JAN 21, 2004   Meeting Type: Annual
Record Date:  NOV 28, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J. Clifford Hudson         For       For        Management
1.2   Elect Director Robert M. Rosenberg        For       For        Management
1.3   Elect Director Federico F. Pena           For       For        Management
2     Other Business                            For                  Management


--------------------------------------------------------------------------------

SONICWALL, INC.

Ticker:       SNWL           Security ID:  835470105
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David Garrison            For       For        Management
1.2   Elect  Director Charles D. Kissner        For       For        Management
1.3   Elect  Director Matthew Medeiros          For       For        Management
1.4   Elect  Director Cary H. Thompson          For       For        Management
1.5   Elect  Director Robert M. Williams        For       For        Management
1.6   Elect  Director Edward F. Thompson        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


--------------------------------------------------------------------------------

SONICWALL, INC.

Ticker:       SNWL           Security ID:  835470105
Meeting Date: DEC 12, 2003   Meeting Type: Annual
Record Date:  OCT 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Establish Range For Board Size            For       For        Management
2.1   Elect Director David W. Garrison          For       For        Management
2.2   Elect Director Charles D. Kissner         For       For        Management
2.3   Elect Director Matthew Medeiros           For       For        Management
2.4   Elect Director Sreekanth Ravi             For       For        Management
2.5   Elect Director David A. Shrigley          For       For        Management
2.6   Elect Director Cary H. Thompson           For       For        Management
2.7   Elect Director Robert M. Williams         For       For        Management
2.8   Elect Director Edward F. Thompson         For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Ratify Auditors                           For       For        Management
5     Other Business                            For       For        Management


--------------------------------------------------------------------------------

SPANISH BROADCASTING SYSTEM, INC.

Ticker:       SBSA           Security ID:  846425882
Meeting Date: JUN 30, 2004   Meeting Type: Annual
Record Date:  JUN 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Raul Alarcon, Jr.          For       For        Management
1.2   Elect Director Pablo Raul Alarcon, Sr.    For       For        Management
1.3   Elect Director Dan Mason                  For       For        Management
1.4   Elect Director Jason L. Shrinsky          For       For        Management
1.5   Elect Director Antonio S. Fernandez       For       For        Management
1.6   Elect Director Jose A. Villamil           For       For        Management


--------------------------------------------------------------------------------

SPANISH BROADCASTING SYSTEM, INC.

Ticker:       SBSA           Security ID:  846425882
Meeting Date: JUL 10, 2003   Meeting Type: Annual
Record Date:  MAY 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Raul Alarcon, Jr.          For       For        Management
1.2   Elect Director Pablo Raul Alarcon, Sr.    For       For        Management
1.3   Elect Director Jason L. Shrinsky          For       For        Management
1.4   Elect Director Carl Parmer                For       For        Management
1.5   Elect Director Jack Langer                For       For        Management
1.6   Elect Director Dan Mason                  For       For        Management


--------------------------------------------------------------------------------

TAKE-TWO INTERACTIVE SOFTWARE, INC.

Ticker:       TTWO           Security ID:  874054109
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  MAY 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard W. Roedel         For       For        Management
1.2   Elect  Director Paul Eibeler              For       For        Management
1.3   Elect  Director Oliver R. Grace, Jr.      For       For        Management
1.4   Elect  Director Robert Flug               For       For        Management
1.5   Elect  Director Todd Emmel                For       For        Management
1.6   Elect  Director Mark Lewis                For       For        Management
1.7   Elect  Director Steven Tisch              For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

TETRA TECH, INC.

Ticker:       TTEK           Security ID:  88162G103
Meeting Date: FEB 26, 2004   Meeting Type: Annual
Record Date:  DEC 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Li-San Hwang               For       For        Management
1.2   Elect Director James M. Jaska             For       For        Management
1.3   Elect Director J. Christopher Lewis       For       For        Management
1.4   Elect Director Patrick C. Haden           For       For        Management
1.5   Elect Director James J. Shelton           For       For        Management
1.6   Elect Director Daniel A. Whalen           For       For        Management
1.7   Elect Director Hugh M. Grant              For       For        Management
1.8   Elect Director Richard H. Truly           For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TETRA TECHNOLOGIES, INC.

Ticker:       TTI            Security ID:  88162F105
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ralph S. Cunningham       For       For        Management
1.2   Elect  Director Tom H. Delimitros         For       For        Management
1.3   Elect  Director Geoffrey M. Hertel        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


--------------------------------------------------------------------------------

THERASENSE, INC.

Ticker:       THER           Security ID:  883381105
Meeting Date: APR 5, 2004    Meeting Type: Special
Record Date:  FEB 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

THQ INC.

Ticker:       THQI           Security ID:  872443403
Meeting Date: AUG 12, 2003   Meeting Type: Annual
Record Date:  JUN 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Brian J. Farrell           For       For        Management
1.2   Elect Director Lawrence Burstein          For       For        Management
1.3   Elect Director Brian Dougherty            For       For        Management
1.4   Elect Director James L. Whims             For       For        Management
1.5   Elect Director L. Gregory Ballard         For       For        Management
1.6   Elect Director Henry T. DeNero            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Approve Option Exchange Program           For       For        Management


--------------------------------------------------------------------------------

TIMCO AVIATION SEVICES INC.

Ticker:       TMAS           Security ID:  887151108
Meeting Date: JAN 13, 2004   Meeting Type: Annual
Record Date:  DEC 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Roy T. Rimmer, Jr.         For       For        Management
1.2   Elect Director Jack J. Hersch             For       For        Management
1.3   Elect Director Philip B. Schwartz         For       For        Management
1.4   Elect Director Steven L. Gerard           For       For        Management
1.5   Elect Director Stephen E. Gorman          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


--------------------------------------------------------------------------------

TLC VISION CORP

Ticker:       TLC            Security ID:  872549100
Meeting Date: JUN 14, 2004   Meeting Type: Annual/Special
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2004 Employee Stock Purchase Plan For       For        Management
2     Amend 1997 Employee Share Purchase Plan   For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4.1   Elect Director Elias Vamvakas             For       For        Management
4.2   Elect Director John J. Klobnak            For       For        Management
4.3   Elect Director Thomas N. Davidson         For       For        Management
4.4   Elect Director Toby S. Wilt               For       For        Management
4.5   Elect Director Dr. William D. Sullins,    For       For        Management
      Jr.
4.6   Elect Director Warren S. Rustand          For       For        Management
4.7   Elect Director Dr. Richard Lindstrom      For       For        Management
5     Appoint Ernst & Young LLP as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors


--------------------------------------------------------------------------------

TOM BROWN, INC.

Ticker:       TBI            Security ID:  115660201
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David M. Carmichael       For       Did Not    Management
                                                          Vote
1.2   Elect  Director Henry Groppe              For       Did Not    Management
                                                          Vote
1.3   Elect  Director Edward W. LeBaron, Jr.    For       Did Not    Management
                                                          Vote
1.4   Elect  Director James D. Lightner         For       Did Not    Management
                                                          Vote
1.5   Elect  Director John C. Linehan           For       Did Not    Management
                                                          Vote
1.6   Elect  Director Wayne W. Murdy            For       Did Not    Management
                                                          Vote
1.7   Elect  Director James B. Wallace          For       Did Not    Management
                                                          Vote
1.8   Elect  Director Robert H. Whilden, Jr.    For       Did Not    Management
                                                          Vote
2     Increase Authorized Common Stock          For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TUESDAY MORNING CORP.

Ticker:       TUES           Security ID:  899035505
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Benjamin D. Chereskin     For       For        Management
1.2   Elect  Director Kathleen Mason            For       For        Management
1.3   Elect  Director W. J. Hunckler, III       For       For        Management
1.4   Elect  Director Robin P. Selati           For       For        Management
1.5   Elect  Director Sally Frame Kasaks        For       For        Management
1.6   Elect  Director Henry F. Frigon           For       For        Management
1.7   Elect  Director Giles H. Bateman          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

UNITED NATURAL FOODS, INC.

Ticker:       UNFI           Security ID:  911163103
Meeting Date: DEC 3, 2003    Meeting Type: Annual
Record Date:  OCT 9, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard Antonelli          For       For        Management
1.2   Elect Director Joseph M. Cianciolo        For       For        Management
1.3   Elect Director Steven H. Townsend         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

UNOVA, INC.

Ticker:       UNA            Security ID:  91529B106
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Larry D. Brady            For       For        Management
1.2   Elect  Director Joseph T. Casey           For       For        Management
1.3   Elect  Director Allen J. Lauer            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

VERITY, INC.

Ticker:       VRTY           Security ID:  92343C106
Meeting Date: OCT 23, 2003   Meeting Type: Annual
Record Date:  AUG 26, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Anthony J. Bettencourt     For       For        Management
1.2   Elect Director Stephen A. MacDonald       For       Withhold   Management
2     Ratify Auditors                           For       Against    Management


--------------------------------------------------------------------------------

VISX, INC.

Ticker:       EYE            Security ID:  92844S105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Elizabeth H. Davila       For       For        Management
1.2   Elect  Director Laureen De Buono          For       For        Management
1.3   Elect  Director Glendon E. French         For       For        Management
1.4   Elect  Director John W. Galiardo          For       For        Management
1.5   Elect  Director Jay T. Holmes             For       For        Management
1.6   Elect  Director Gary S. Petersmeyer       For       For        Management
1.7   Elect  Director Richard B. Sayford        For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WABASH NATIONAL CORP.

Ticker:       WNC            Security ID:  929566107
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David C. Burdakin         For       For        Management
1.2   Elect  Director William P. Greubel        For       For        Management
1.3   Elect  Director John T. Hackett           For       For        Management
1.4   Elect  Director Martin C. Jischke         For       For        Management
1.5   Elect  Director Ludvik F. Koci            For       For        Management
1.6   Elect  Director Stephanie K. Kushner      For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

WATSON WYATT & COMPANY HOLDINGS

Ticker:       WW             Security ID:  942712100
Meeting Date: NOV 17, 2003   Meeting Type: Annual
Record Date:  OCT 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Gilbert T. Ray             For       For        Management
1.2   Elect Director John B. Shoven             For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
4     Other Business                            For       Against    Management


--------------------------------------------------------------------------------

WERNER ENTERPRISES, INC.

Ticker:       WERN           Security ID:  950755108
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Curtis G. Werner          For       For        Management
1.2   Elect  Director Gerald H. Timmerman       For       For        Management
1.3   Elect  Director Kenneth M. Bird           For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Board Diversity                           Against   Against    Shareholder


--------------------------------------------------------------------------------

WEST MARINE, INC.

Ticker:       WMAR           Security ID:  954235107
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Randolph K. Repass        For       For        Management
1.2   Elect  Director John Edmondson            For       For        Management
1.3   Elect  Director Richard E. Everett        For       For        Management
1.4   Elect  Director Geoffrey A. Eisenberg     For       For        Management
1.5   Elect  Director David Mccomas             For       For        Management
1.6   Elect  Director Peter Roy                 For       For        Management
1.7   Elect  Director Daniel J. Sweeney         For       For        Management
1.8   Elect  Director William U. Westerfield    For       For        Management
1.9   Elect  Director Diane Greene              For       For        Management


--------------------------------------------------------------------------------

WHITING PETROLEUM CORP.

Ticker:       WLL            Security ID:  966387102
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas L. Aller           For       For        Management
1.2   Elect  Director J.B. Ladd                 For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WILSON GREATBATCH TECHNOLOGIES, INC.

Ticker:       GB             Security ID:  972232102
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward F. Voboril         For       For        Management
1.2   Elect  Director Pamela G. Bailey          For       For        Management
1.3   Elect  Director Joseph A. Miller, Jr.     For       For        Management
1.4   Elect  Director Bill R. Sanford           For       For        Management
1.5   Elect  Director Peter H. Soderberg        For       For        Management
1.6   Elect  Director Thomas S. Summer          For       For        Management
1.7   Elect  Director William B. Summers, Jr.   For       For        Management
1.8   Elect  Director John P. Wareham           For       For        Management


--------------------------------------------------------------------------------

WIND RIVER SYSTEMS, INC.

Ticker:       WIND           Security ID:  973149107
Meeting Date: DEC 19, 2003   Meeting Type: Special
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

WRIGHT MED GROUP INC

Ticker:       WMGI           Security ID:  98235T107
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James T. Treace           For       For        Management
1.2   Elect  Director F. Barry Bays             For       For        Management
1.3   Elect  Director Richard B. Emmitt         For       For        Management
1.4   Elect  Director Laurence Y. Fairey        For       For        Management
1.5   Elect  Director David D. Stevens          For       For        Management
1.6   Elect  Director James E. Thomas           For       For        Management
1.7   Elect  Director Thomas E. Timbie          For       For        Management
1.8   Elect  Director Elizabeth H. Weatherman   For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

YANKEE CANDLE COMPANY, INC., THE

Ticker:       YCC            Security ID:  984757104
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dale F. Frey              For       For        Management
1.2   Elect  Director Michael F. Hines          For       For        Management
1.3   Elect  Director Ronald L. Sargent         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ZORAN CORP.

Ticker:       ZRAN           Security ID:  98975F101
Meeting Date: JUN 18, 2004   Meeting Type: Annual
Record Date:  APR 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Levy Gerzberg, Ph.D.      For       For        Management
1.2   Elect  Director Uzia Galil                For       For        Management
1.3   Elect  Director James D. Meindl           For       For        Management
1.4   Elect  Director James B. Owens, Jr.       For       For        Management
1.5   Elect  Director David Rynne               For       For        Management
1.6   Elect  Director Arthur B. Stabenow        For       For        Management
1.7   Elect  Director Philip M. Young           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management




================== BLACKROCK SMALL CAP VALUE EQUITY PORTFOLIO ==================

ITEM 1 PROXY VOTING RECORD

3COM CORP.

Ticker:       COMS           Security ID:  885535104
Meeting Date: SEP 23, 2003   Meeting Type: Annual
Record Date:  JUL 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Bruce L. Claflin           For       For        Management
1.2   Elect Director Paul G. Yovovich           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AGL RESOURCES INC.

Ticker:       ATG            Security ID:  001204106
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas D. Bell, Jr.       For       For        Management
1.2   Elect  Director Michael J. Durham         For       For        Management
1.3   Elect  Director D. Raymond Riddle         For       For        Management
1.4   Elect  Director Felker W. Ward, Jr.       For       For        Management
1.5   Elect  Director Henry C. Wolf             For       For        Management


--------------------------------------------------------------------------------

ALLMERICA FINANCIAL CORP.

Ticker:       AFC            Security ID:  019754100
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael P. Angelini       For       For        Management
1.2   Elect  Director Edward J. Parry, III      For       For        Management
1.3   Elect  Director Herbert M. Varnum         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

APRIA HEALTHCARE GROUP, INC.

Ticker:       AHG            Security ID:  037933108
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Vicente Anido, Jr.        For       For        Management
1.2   Elect  Director I.T. Corley               For       For        Management
1.3   Elect  Director David L. Goldsmith        For       For        Management
1.4   Elect  Director Lawrence M. Higby         For       For        Management
1.5   Elect  Director Richard H. Koppes         For       For        Management
1.6   Elect  Director Philip R. Lochner, Jr.    For       For        Management
1.7   Elect  Director Jeri L. Lose              For       For        Management
1.8   Elect  Director Beverly Benedict Thomas   For       For        Management
1.9   Elect  Director Ralph V. Whitworth        For       For        Management


--------------------------------------------------------------------------------

APTARGROUP, INC.

Ticker:       ATR            Security ID:  038336103
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Alain Chevassus           For       For        Management
1.2   Elect  Director Stephen J. Hagge          For       For        Management
1.3   Elect  Director Carl A. Siebel            For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan


--------------------------------------------------------------------------------

AXCELIS TECHNOLOGIES INC

Ticker:       ACLS           Security ID:  054540109
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gary L. Tooker            For       For        Management
1.2   Elect  Director Patrick H. Nettles        For       For        Management
1.3   Elect  Director Alexander M. Cutler       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BANTA CORP.

Ticker:       BN             Security ID:  066821109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jameson A. Baxter         For       For        Management
1.2   Elect  Director John F. Bergstrom         For       For        Management
1.3   Elect  Director Henry T. DeNero           For       For        Management
1.4   Elect  Director Paul C. Reyelts           For       For        Management
1.5   Elect  Director Ray C. Richelsen          For       For        Management
1.6   Elect  Director Stephanie A. Streeter     For       For        Management
1.7   Elect  Director Michael J. Winkler        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BJ

Ticker:       BJ             Security ID:  05548J106
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director S. James Coppersmith      For       For        Management
1.2   Elect  Director Thomas J. Shields         For       For        Management
1.3   Elect  Director Herbert J. Zarkin         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BORLAND SOFTWARE CORP.

Ticker:       BORL           Security ID:  099849101
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Miller         For       For        Management
1.2   Elect  Director Laura S. Unger            For       For        Management
1.3   Elect  Director T. Michael Nevens         For       For        Management
2     Declassify the Board of Directors         Against   Against    Shareholder
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BROOKLINE BANCORP, INC.

Ticker:       BRKL           Security ID:  11373M107
Meeting Date: AUG 27, 2003   Meeting Type: Special
Record Date:  JUL 9, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Omnibus Stock Plan                For       For        Management
2     Approve Restricted Stock Plan             For       For        Management


--------------------------------------------------------------------------------

BRUNSWICK CORP.

Ticker:       BC             Security ID:  117043109
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nolan D. Archibald        For       For        Management
1.2   Elect  Director Jeffrey L. Bleustein      For       For        Management
1.3   Elect  Director Graham H. Phillips        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CARAUSTAR INDUSTRIES, INC.

Ticker:       CSAR           Security ID:  140909102
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel P. Casey           For       For        Management
1.2   Elect  Director Robert J. Clanin          For       For        Management
1.3   Elect  Director James E. Rogers           For       For        Management
1.4   Elect  Director L. Celeste Bottorff       For       For        Management
2     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CHAMPION ENTERPRISES, INC.

Ticker:       CHB            Security ID:  158496109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert W. Anestis         For       For        Management
1.2   Elect  Director Eric S. Belsky            For       For        Management
1.3   Elect  Director Selwyn Isakow             For       For        Management
1.4   Elect  Director Brian D. Jellison         For       For        Management
1.5   Elect  Director Albert A. Koch            For       For        Management
1.6   Elect  Director G. Michael Lynch          For       For        Management


--------------------------------------------------------------------------------

CHIQUITA BRANDS INTERNATIONAL, INC.

Ticker:       CQB            Security ID:  170032809
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fernando Aguirre          For       Did Not    Management
                                                          Vote
1.2   Elect  Director Morten Arntzen            For       Did Not    Management
                                                          Vote
1.3   Elect  Director Jeffrey D. Benjamin       For       Did Not    Management
                                                          Vote
1.4   Elect  Director Robert W. Fisher          For       Did Not    Management
                                                          Vote
1.5   Elect  Director Roderick M. Hills         For       Did Not    Management
                                                          Vote
1.6   Elect  Director Durk I. Jager             For       Did Not    Management
                                                          Vote
1.7   Elect  Director Jaime Serra               For       Did Not    Management
                                                          Vote
1.8   Elect  Director Steven P. Stanbrook       For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CHITTENDEN CORP.

Ticker:       CHZ            Security ID:  170228100
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles W. Smith          For       For        Management
1.2   Elect  Director Pall D. Spera             For       For        Management
1.3   Elect  Director Owen  W. Wells            For       For        Management


--------------------------------------------------------------------------------

CLEVELAND-CLIFFS INC.

Ticker:       CLF            Security ID:  185896107
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John S. Brinzo            For       For        Management
1.2   Elect  Director Ronald C. Cambre          For       For        Management
1.3   Elect  Director Ranko Cucuz               For       For        Management
1.4   Elect  Director David H. Gunning          For       For        Management
1.5   Elect  Director James D. Ireland III      For       For        Management
1.6   Elect  Director Francis R. McAllister     For       For        Management
1.7   Elect  Director John C. Morley            For       For        Management
1.8   Elect  Director Stephen B. Oresman        For       For        Management
1.9   Elect  Director Roger Phillips            For       For        Management
1.10  Elect  Director Richard K. Riederer       For       For        Management
1.11  Elect  Director Alan Schwartz             For       For        Management


--------------------------------------------------------------------------------

CROWN HOLDINGS, INC.

Ticker:       CCK            Security ID:  228368106
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jenne K. Britell          For       For        Management
1.2   Elect  Director John W. Conway            For       For        Management
1.3   Elect  Director G. Fred DiBona, Jr.       For       For        Management
1.4   Elect  Director Arnold W. Donald          For       For        Management
1.5   Elect  Director Marie L. Garibaldi        For       For        Management
1.6   Elect  Director William G. Little         For       For        Management
1.7   Elect  Director Hans J. Loliger           For       For        Management
1.8   Elect  Director Thomas A. Ralph           For       For        Management
1.9   Elect  Director Hugues du Rouret          For       For        Management
1.10  Elect  Director Alan W. Rutherford        For       For        Management
1.11  Elect  Director Harold A. Sorgenti        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

DEL MONTE FOODS CO.

Ticker:       DLM            Security ID:  24522P103
Meeting Date: SEP 12, 2003   Meeting Type: Annual
Record Date:  JUL 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Samuel H. Armacost         For       For        Management
1.2   Elect Director Terence D. Martin          For       For        Management
1.3   Elect Director Richard G. Wolford         For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

DIRECT GENERAL CORP.

Ticker:       DRCT           Security ID:  25456W204
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William C. Adair, Jr.     For       For        Management


--------------------------------------------------------------------------------

EAGLE MATERIALS INC.

Ticker:       EXP            Security ID:  15231R109
Meeting Date: JAN 8, 2004    Meeting Type: Special
Record Date:  NOV 28, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Reclassification                  For       For        Management
2     Classify the Board of Directors           For       For        Management
3     Eliminate Right to Act by Written Consent For       Against    Management
4     Eliminate Right to Call Special Meeting   For       Against    Management
5     Adopt Supermajority Vote Requirement for  For       For        Management
      Amendments
6     Increase Authorized Preferred and Common  For       For        Management
      Stock
7     Change Company Name                       For       For        Management
8     Adopt Shareholder Rights Plan (Poison     For       Against    Management
      Pill)
9     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

EDO CORP.

Ticker:       EDO            Security ID:  281347104
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director George M. Ball            For       For        Management
1.2   Elect  Director Leslie F. Kenne           For       For        Management
1.3   Elect  Director James Roth                For       For        Management
1.4   Elect  Director James M. Smith            For       For        Management
1.5   Elect  Director Robert S. Tyrer           For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan


--------------------------------------------------------------------------------

ETHAN ALLEN INTERIORS INC.

Ticker:       ETH            Security ID:  297602104
Meeting Date: NOV 17, 2003   Meeting Type: Annual
Record Date:  SEP 26, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Frank G. Wisner            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EXTENDED STAY AMERICA, INC.

Ticker:       ESA            Security ID:  30224P101
Meeting Date: MAY 7, 2004    Meeting Type: Special
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

FLOWERS FOODS, INC.

Ticker:       FLO            Security ID:  343498101
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Franklin L. Burke         For       For        Management
1.2   Elect  Director George E. Deese           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GENERAL COMMUNICATION, INC.

Ticker:       GNCMA          Security ID:  369385109
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Donne F. Fisher           For       For        Management
1.2   Elect  Director William P. Glasgow        For       For        Management
1.3   Elect  Director James M. Schneider        For       For        Management
2     Amend Stock Option Plan                   For       For        Management


--------------------------------------------------------------------------------

GENESEE & WYOMING INC.

Ticker:       GWR            Security ID:  371559105
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Louis S. Fuller           For       For        Management
1.2   Elect  Director Philip J. Ringo           For       For        Management
1.3   Elect  Director Mark A. Scudder           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GOLD BANC CORPORATION, INC.

Ticker:       GLDB           Security ID:  379907108
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Allen D. Petersen          For       For        Management
1.2   Elect Director J. Gary Russ               For       For        Management
1.3   Elect Director Donald C. McNeill          For       For        Management


--------------------------------------------------------------------------------

HANDLEMAN CO.

Ticker:       HDL            Security ID:  410252100
Meeting Date: OCT 14, 2003   Meeting Type: Annual
Record Date:  AUG 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James B. Nicholson         For       For        Management
1.2   Elect Director Lloyd E. Reuss             For       For        Management
1.3   Elect Director Stephen Strome             For       For        Management


--------------------------------------------------------------------------------

HARRIS CORP.

Ticker:       HRS            Security ID:  413875105
Meeting Date: OCT 24, 2003   Meeting Type: Annual
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph L. Dionne           For       For        Management
1.2   Elect Director David B. Rickard           For       For        Management
1.3   Elect Director Gregory T. Swienton        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HARSCO CORP.

Ticker:       HSC            Security ID:  415864107
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director G.D.H. Butler             For       For        Management
1.2   Elect  Director J.I. Scheiner             For       For        Management
1.3   Elect  Director R.C. Wilburn              For       For        Management
2     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

HEADWATERS INCORPORATED

Ticker:       HDWR           Security ID:  42210P102
Meeting Date: MAR 12, 2004   Meeting Type: Annual
Record Date:  JAN 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Sam Christensen        For       For        Management
1.2   Elect  Director William S. Dickinson      For       For        Management
1.3   Elect  Director Malyn K. Malquist         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

HELIX TECHNOLOGY CORP.

Ticker:       HELX           Security ID:  423319102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gideon Argov              For       For        Management
1.2   Elect  Director Frank Gabron              For       For        Management
1.3   Elect  Director Robert H. Hayes           For       For        Management
1.4   Elect  Director Robert J. Lepofsky        For       For        Management
1.5   Elect  Director Marvin G. Schorr          For       For        Management
1.6   Elect  Director Alfred Woollacott, III    For       For        Management
1.7   Elect  Director Mark S. Wrighton          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

HERCULES INC.

Ticker:       HPC            Security ID:  427056106
Meeting Date: JUL 25, 2003   Meeting Type: Proxy Contest
Record Date:  JUN 6, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Harry Fields               For       Did Not    Management
                                                          Vote
1.2   Elect Director Anthony Kronman            For       Did Not    Management
                                                          Vote
1.3   Elect Director Vincent Tese               For       Did Not    Management
                                                          Vote
1.4   Elect Director Gerald Tsai, Jr.           For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           None      Did Not    Management
                                                          Vote
3     Approve Non-Employee Director Omnibus     Against   Did Not    Management
      Stock Plan                                          Vote
4     Redemption of the company's Rights        For       Did Not    Shareholder
      Agreement                                           Vote
5     Amend Articles to reinstate the rights of For       Did Not    Shareholder
      the shareholders -- Call Special Meetings           Vote
      and Act by Written Consent
1.1   Elect Director Patrick Duff               For       For        Management
1.2   Elect Director Thomas P. Gerrity          For       For        Management
1.3   Elect Director John K. Wulff              For       For        Management
1.4   Elect Director Joe B. Wyatt               For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Redemption of the company's Rights        Against   For        Shareholder
      Agreement
5     Amend Articles to reinstate the rights of Against   For        Shareholder
      the shareholders -- Call Special Meetings
      and Act by Written Consent


--------------------------------------------------------------------------------

HERLEY INDUSTRIES, INC.

Ticker:       HRLY           Security ID:  427398102
Meeting Date: JAN 15, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lee N. Blatt as Class I    For       For        Management
      Director
1.2   Elect Director Admiral Edward K. Walker,  For       For        Management
      Jr. (Ret.) as Class I Director
1.3   Elect Director Dr. Edward A. Bogucz as    For       For        Management
      Class II Director
1.4   Elect Director Admiral Robert M. Moore    For       For        Management
      (Ret.) as Class III Director


--------------------------------------------------------------------------------

HUB INTERNATIONAL LIMITED

Ticker:       HBG.           Security ID:  44332P101
Meeting Date: MAY 11, 2004   Meeting Type: Annual/Special
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Continuation of Company Under     For       Did Not    Management
      Canadian Business Corporation Act                   Vote
2     Adopt New By-Laws                         For       Did Not    Management
                                                          Vote
3     If the Continuance Becomes Effective,     For       Did Not    Management
      Elect Martin Hughes, Richard Gulliver,              Vote
      Bruce Guthart, Anthony Griffiths, Paul
      Murray, Bradley Martin, Frank Wilkinson,
      Stuart Ross, Edward Lyman Jr as Directors
4     If the Continuance Does Not Become        For       Did Not    Management
      Effective, Elect Martin Hughes, Richard             Vote
      Gulliver, Bruce Guthart, Anthony
      Griffiths, Paul Murray, Bradley Martin,
      Frank Wilkinson, Scott Ross, Gil Broome
      as Directors
5     Approve Auditors and Authorize Board to   For       Did Not    Management
      Fix Remuneration of Auditors                        Vote


--------------------------------------------------------------------------------

HUDSON UNITED BANCORP

Ticker:       HU             Security ID:  444165104
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Burke           For       For        Management
1.2   Elect  Director Joan David                For       For        Management
2     Amend Restricted  Stock Plan              For       For        Management
3     Limit Awards to Executives                Against   Against    Shareholder


--------------------------------------------------------------------------------

INVISION TECHNOLOGIES, INC.

Ticker:       INVN           Security ID:  461851107
Meeting Date: JUN 25, 2004   Meeting Type: Special
Record Date:  MAY 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Adjourn Meeting                           For       For        Management


--------------------------------------------------------------------------------

JARDEN CORP.

Ticker:       JAH            Security ID:  471109108
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ian G.H. Ashken           For       For        Management
1.2   Elect  Director Richard L. Molen          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


--------------------------------------------------------------------------------

JOURNAL COMMUNICATIONS, INC.

Ticker:       JRN            Security ID:  481130102
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Don H. Davis, Jr.         For       For        Management
1.2   Elect  Director David G. Meissner         For       For        Management
2     Amend Articles to Allow Transfer of Class For       For        Management
      B Common Stock to certain charities
3     Amend Articles to Convert Class B Common  For       For        Management
      Stock into Class A Common Stock held by
      certain charities


--------------------------------------------------------------------------------

K2 INC.

Ticker:       KTO            Security ID:  482732104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Wilford D. Godbold, Jr.   For       For        Management
1.2   Elect  Director Lou L. Holtz              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


--------------------------------------------------------------------------------

KADANT INC

Ticker:       KAI            Security ID:  48282T104
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William A. Rainville      For       For        Management


--------------------------------------------------------------------------------

KELLWOOD CO.

Ticker:       KWD            Security ID:  488044108
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin Bloom              For       For        Management
1.2   Elect  Director Martin Granoff            For       For        Management
1.3   Elect  Director Robert Skinner, Jr.       For       For        Management
1.4   Elect  Director Hal Upbin                 For       For        Management
2     Report on Compliance Standards for Code   Against   Against    Shareholder
      of Conduct


--------------------------------------------------------------------------------

KROLL INC.

Ticker:       KROL           Security ID:  501049100
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael G. Cherkasky      For       For        Management
1.2   Elect  Director Simon V. Freakley         For       For        Management
1.3   Elect  Director Raymond E. Mabus          For       For        Management
1.4   Elect  Director Joseph R. Wright          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LIFEPOINT HOSPITALS, INC.

Ticker:       LPNT           Security ID:  53219L109
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director DeWitt Ezell, Jr.         For       For        Management
1.2   Elect  Director William V. Lapham         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MASSEY ENERGY COMPANY

Ticker:       MEE            Security ID:  576206106
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Grant          For       For        Management
1.2   Elect  Director Dan R. Moore              For       For        Management
1.3   Elect  Director Martha R. Seger           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

MAX RE CAPITAL LTD HAMILTON

Ticker:       MXRE           Security ID:  G6052F103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO ELECT JOHN R. BARBER TO THE BOARD OF   For       For        Management
      DIRECTORS OF MAX RE CAPITAL LTD.
2     TO ELECT W. MARSTON BECKER TO THE BOARD   For       For        Management
      OF DIRECTORS OF MAX RE CAPITAL LTD.
3     TO ELECT ROBERT J. COONEY TO THE BOARD OF For       For        Management
      DIRECTORS OF MAX RE CAPITAL LTD.
4     TO ELECT MARIO P. TORSIELLO TO THE BOARD  For       For        Management
      OF DIRECTORS OF MAX RE CAPITAL LTD.
5     Ratify Auditors                           For       For        Management
6     TO ELECT JOHN R. BARBER TO THE BOARD OF   For       For        Management
      DIRECTORS OF MAX RE LTD.
7     TO ELECT W. MARSTON BECKER TO THE BOARD   For       For        Management
      OF DIRECTORS OF MAX RE LTD.
8     TO ELECT ROBERT J. COONEY TO THE BOARD OF For       For        Management
      DIRECTORS OF MAX RE LTD.
9     TO ELECT MARIO P. TORSIELLO TO THE BOARD  For       For        Management
      OF DIRECTORS OF MAX RE LTD.
10    Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MENTOR GRAPHICS CORP.

Ticker:       MENT           Security ID:  587200106
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter L. Bonfield         For       For        Management
1.2   Elect  Director Marsha B. Congdon         For       For        Management
1.3   Elect  Director James R. Fiebiger         For       For        Management
1.4   Elect  Director Gregory K. Hinckley       For       For        Management
1.5   Elect  Director Kevin C. McDonough        For       For        Management
1.6   Elect  Director Patrick B. McManus        For       For        Management
1.7   Elect  Director Walden C. Rhines          For       For        Management
1.8   Elect  Director Fontaine K. Richardson    For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Approve Employee Stock Purchase Plan      For       For        Management
4     Amend Stock Option Plan                   For       For        Management
5     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

MESA AIR GROUP, INC.

Ticker:       MESA           Security ID:  590479101
Meeting Date: MAR 2, 2004    Meeting Type: Annual
Record Date:  JAN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jonathan G. Ornstein      For       For        Management
1.2   Elect  Director Daniel J. Altobello       For       For        Management
1.3   Elect  Director Robert Beleson            For       For        Management
1.4   Elect  Director Ronald R. Fogleman        For       For        Management
1.5   Elect  Director Joseph L. Manson          For       For        Management
1.6   Elect  Director Maurice A. Parker         For       For        Management
1.7   Elect  Director Julie Silcock             For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MOOG INC.

Ticker:       MOG.A          Security ID:  615394202
Meeting Date: JAN 14, 2004   Meeting Type: Annual
Record Date:  DEC 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Range for Size of the Board        For       For        Management
2.1   Elect Director Robert R. Banta as Class A For       For        Management
      Director
2.2   Elect Director Kraig H. Kayser as Class B For       For        Management
      Director
2.3   Elect Director Robert H. Maskrey as Class For       For        Management
      B Director
2.4   Elect Director Albert F. Myers as Class B For       For        Management
      Director
2.5   Elect Director Raymond W. Boushie as      For       For        Management
      Class B Director
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MULTIMEDIA GAMES, INC.

Ticker:       MGAM           Security ID:  625453105
Meeting Date: FEB 2, 2004    Meeting Type: Annual
Record Date:  DEC 18, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas W. Sarnoff          For       For        Management
1.2   Elect Director Clifton E. Lind            For       For        Management
1.3   Elect Director Gordon T. Graves           For       For        Management
1.4   Elect Director Robert D. Repass           For       For        Management
1.5   Elect Director Martin A. Keane            For       For        Management
1.6   Elect Director John M. Winkelman          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NBTY, INC.

Ticker:       NTY            Security ID:  628782104
Meeting Date: APR 26, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Arthur Rudolph            For       For        Management
1.2   Elect  Director Glenn Cohen               For       For        Management
1.3   Elect  Director Michael L. Ashner         For       For        Management
1.4   Elect  Director Michael C. Slade          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NEW CENTURY FINANCIAL CORP.

Ticker:       NCEN           Security ID:  64352D101
Meeting Date: SEP 10, 2003   Meeting Type: Special
Record Date:  JUL 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NU SKIN ENTERPRISES INC.

Ticker:       NUS            Security ID:  67018T105
Meeting Date: MAY 17, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Blake M. Roney            For       For        Management
1.2   Elect  Director M. Truman Hunt            For       For        Management
1.3   Elect  Director Sandra N. Tillotson       For       For        Management
1.4   Elect  Director E.J. 'Jake' Garn          For       For        Management
1.5   Elect  Director Paula F. Hawkins          For       For        Management
1.6   Elect  Director Daniel W. Campbell        For       For        Management
1.7   Elect  Director Andrew D. Lipman          For       For        Management
1.8   Elect  Director Jose Ferreira, Jr.        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OCULAR SCIENCES INC.

Ticker:       OCLR           Security ID:  675744106
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edgar J. Cummins          For       For        Management
1.2   Elect  Director Stephen J. Fanning        For       For        Management
1.3   Elect  Director John D. Fruth             For       For        Management
1.4   Elect  Director Terence M. Fruth          For       For        Management
1.5   Elect  Director William R. Grant          For       For        Management
1.6   Elect  Director Terrance H. Gregg         For       For        Management
1.7   Elect  Director Howard P. Liszt           For       For        Management
1.8   Elect  Director Mary Jo Potter            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OVERNITE CORP.

Ticker:       OVNT           Security ID:  690322102
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas N. Allen           For       For        Management
1.2   Elect  Director Thomas J. Donohue, Jr.    For       For        Management
1.3   Elect  Director Charles H. Foster, Jr.    For       For        Management
1.4   Elect  Director Patrick D. Hanley         For       For        Management
1.5   Elect  Director Michael D. Jordan         For       For        Management
1.6   Elect  Director Harold D. Marshall        For       For        Management
1.7   Elect  Director George J. Matkov, Jr.     For       For        Management
1.8   Elect  Director Leo H. Suggs              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PAR PHARMACEUTICAL COS INC

Ticker:       PRX            Security ID:  717125108
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter W. Williams         For       For        Management
1.2   Elect  Director Mark Auerbach             For       For        Management
1.3   Elect  Director John D. Abernathy         For       For        Management
2     Change Company Name                       For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
5     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

PINNACLE ENTERTAINMENT, INC.

Ticker:       PNK            Security ID:  723456109
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel R. Lee             For       For        Management
1.2   Elect  Director John V. Giovenco          For       For        Management
1.3   Elect  Director Richard J. Goeglein       For       For        Management
1.4   Elect  Director Bruce A. Leslie           For       For        Management
1.5   Elect  Director James L. Martineau        For       For        Management
1.6   Elect  Director Michael Ornest            For       For        Management
1.7   Elect  Director Timothy J. Parrott        For       For        Management
1.8   Elect  Director Lynn P. Reitnouer         For       For        Management


--------------------------------------------------------------------------------

PLATINUM UNDERWRITERS HOLDINGS LTD

Ticker:       PTP            Security ID:  G7127P100
Meeting Date: SEP 17, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect H. Baldwin, J. Bank, D. Carmichael, For       For        Management
      N. Currie, J. Fishman, G. Morrison, S.
      Newman, and P. Pruitt as Directors
2a    Elect G. Morrison as Director of Platinum For       For        Management
      Underwriters Bermuda, Ltd.
2b    Elect M. Price as Director of Platinum    For       For        Management
      Underwriters Bermuda, Ltd.
2c    Elect W. Robble as Director of Platinum   For       For        Management
      Underwriters Bermuda, Ltd.
3a    Elect G. Morrison as Director of Platinum For       For        Management
      Re (UK) Ltd.
3b    Elect C. Pettengell as Director of        For       For        Management
      Platinum Re (UK) Ltd.
3c    Elect R. Porter as Director of Platinum   For       For        Management
      Re (UK) Ltd.
4     Approve Section 162(m) Performance        For       For        Management
      Incentive Plan
5     Ratify KPMG as Auditors                   For       For        Management


--------------------------------------------------------------------------------

PLATINUM UNDERWRITERS HOLDINGS LTD

Ticker:       PTP            Security ID:  G7127P100
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director H. Furlong Baldwin        For       For        Management
1.2   Elect  Director Jonathan F. Bank          For       For        Management
1.3   Elect  Director Dan R. Carmichael         For       For        Management
1.4   Elect  Director Neill A. Currie           For       For        Management
1.5   Elect  Director Jay S. Fishman            For       For        Management
1.6   Elect  Director Gregory E.A. Morrison     For       For        Management
1.7   Elect  Director Steven H. Newman          For       For        Management
1.8   Elect  Director Peter T. Pruitt           For       For        Management
2     THE PROPOSAL TO ELECT GREGORY E.A.        For       For        Management
      MORRISON TO THE BOARD OF DIRECTORS OF
      PLATINUM UNDERWRITERS BERMUDA, LTD.
3     THE PROPOSAL TO ELECT MICHAEL D. PRICE TO For       For        Management
      THE BOARD OF DIRECTORS OF PLATINUM
      UNDERWRITERS BERMUDA, LTD.
4     THE PROPOSAL TO ELECT WILLIAM A. ROBBIE   For       For        Management
      TO THE BOARD OF DIRECTORS OF PLATINUM
      UNDERWRITERS BERMUDA, LTD.
5     THE PROPOSAL TO RATIFY THE APPOINTMENT OF For       For        Management
      WILLIAM A. ROBBIE TO THE BOARD OF
      DIRECTORS OF PLATINUM RE (UK) LIMITED.
6     THE PROPOSAL TO RATIFY THE APPOINTMENT OF For       For        Management
      RUSSELL WORSLEY TO THE BOARD OF DIRECTORS
      OF PLATINUM RE (UK) LIMITED.
7     THE PROPOSAL TO AMEND BYE-LAWS OF THE     For       For        Management
      COMPANY BY REMOVING SECTION 44(2), WHICH
      REQUIRES THE SHAREHOLDERS OF THE COMPANY
      TO CONSIDER MATTERS THAT ARE SUBMITTED TO
      THE SHAREHOLDERS OF THE COMPANY S
      NON-U.S. SUBSIDIARIES.
8     THE PROPOSAL TO APPROVE THE COMPANY S     For       For        Management
      2002 SHARE INCENTIVE PLAN.
9     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PLAYBOY ENTERPRISES, INC.

Ticker:       PLA.A          Security ID:  728117300
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

POLO RALPH LAUREN CORP.

Ticker:       RL             Security ID:  731572103
Meeting Date: AUG 14, 2003   Meeting Type: Annual
Record Date:  JUN 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arnold H. Aronson as Class For       For        Management
      A Director
1.2   Elect Director Dr. Joyce F. Brown as      For       For        Management
      Class A Director
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PROVIDENT BANKSHARES CORP.

Ticker:       PBKS           Security ID:  743859100
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Melvin A. Bilal           For       For        Management
1.2   Elect  Director Ward B. Coe, III          For       For        Management
1.3   Elect  Director William J. Crowley, Jr.   For       For        Management
1.4   Elect  Director Gary N. Geisel            For       For        Management
1.5   Elect  Director Bryan J. Logan            For       For        Management
1.6   Elect  Director Frederick W. Meier, Jr.   For       For        Management
2     Approve Merger Agreement                  For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PROVINCE HEALTHCARE CO.

Ticker:       PRV            Security ID:  743977100
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin S. Rash            For       For        Management
1.2   Elect  Director Joseph P. Nolan           For       For        Management
1.3   Elect  Director Winfield C. Dunn          For       For        Management
1.4   Elect  Director Paul J. Feldstein         For       For        Management
1.5   Elect  Director David R. Klock            For       For        Management
1.6   Elect  Director Michael P. Haley          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

QUIKSILVER, INC.

Ticker:       ZQK            Security ID:  74838C106
Meeting Date: MAR 26, 2004   Meeting Type: Annual
Record Date:  FEB 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William M. Barnum, Jr.    For       For        Management
1.2   Elect  Director Charles E. Crowe          For       For        Management
1.3   Elect  Director Michael H. Gray           For       For        Management
1.4   Elect  Director Robert G. Kirby           For       For        Management
1.5   Elect  Director Bernard Mariette          For       For        Management
1.6   Elect  Director Robert B. McKnight, Jr.   For       For        Management
1.7   Elect  Director Franck Riboud             For       For        Management
1.8   Elect  Director Tom Roach                 For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approval of the Terms of the Executive    For       For        Management
      Incentive Plan


--------------------------------------------------------------------------------

REGIS CORP.

Ticker:       RGS            Security ID:  758932107
Meeting Date: OCT 30, 2003   Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Rolf E. Bjelland           For       For        Management
1.2   Elect Director Paul D. Finkelstein        For       For        Management
1.3   Elect Director Thomas L. Gregory          For       For        Management
1.4   Elect Director Van Zandt Hawn             For       For        Management
1.5   Elect Director Susan S. Hoyt              For       For        Management
1.6   Elect Director David B. Kunin             For       For        Management
1.7   Elect Director Myron Kunin                For       For        Management


--------------------------------------------------------------------------------

REHABCARE GROUP, INC.

Ticker:       RHB            Security ID:  759148109
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William G. Anderson, CPA  For       For        Management
1.2   Elect  Director Colleen Conway-Welch,     For       For        Management
      Ph.D.
1.3   Elect  Director C. Ray Holman             For       For        Management
1.4   Elect  Director John H. Short, Ph.D.      For       For        Management
1.5   Elect  Director H. Edwin Trusheim         For       For        Management
1.6   Elect  Director Theodore M. Wight         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ROSLYN BANCORP, INC.

Ticker:       RSLN           Security ID:  778162107
Meeting Date: OCT 29, 2003   Meeting Type: Special
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

SCOTTISH RE GROUP LTD

Ticker:       SCT            Security ID:  G7885T104
Meeting Date: AUG 28, 2003   Meeting Type: Special
Record Date:  JUL 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to Scottish Re Group  For       For        Management
      Limited
2     Amend Bylaws Re:  Change of Company Name  For       For        Management
3     Other Business (Voting)                   For       For        Management


--------------------------------------------------------------------------------

SELECT MEDICAL CORP.

Ticker:       SEM            Security ID:  816196109
Meeting Date: MAY 10, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Russell L. Carson         For       For        Management
1.2   Elect  Director Rocco A. Ortenzio         For       For        Management
1.3   Elect  Director Leopold Swergold          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SINCLAIR BROADCAST GROUP, INC.

Ticker:       SBGI           Security ID:  829226109
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David D. Smith            For       For        Management
1.2   Elect  Director Frederick G. Smith        For       For        Management
1.3   Elect  Director J. Duncan Smith           For       For        Management
1.4   Elect  Director Robert E. Smith           For       For        Management
1.5   Elect  Director Basil A. Thomas           For       For        Management
1.6   Elect  Director Lawrence E. Mccanna       For       For        Management
1.7   Elect  Director Daniel C. Keith           For       For        Management
1.8   Elect  Director Martin R. Leader          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SINCLAIR BROADCAST GROUP, INC.

Ticker:       SBGI           Security ID:  829226109
Meeting Date: AUG 7, 2003    Meeting Type: Annual
Record Date:  JUN 2, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David D. Smith             For       For        Management
1.2   Elect Director Frederick G. Smith         For       Against    Management
1.3   Elect Director J. Duncan Smith            For       Against    Management
1.4   Elect Director Robert E. Smith            For       Against    Management
1.5   Elect Director Basil A. Thomas            For       Against    Management
1.6   Elect Director Lawrence E. McCanna        For       For        Management
1.7   Elect Director Daniel C. Keith            For       For        Management
1.8   Elect Director Martin R. Leader           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SKY FINANCIAL GROUP, INC.

Ticker:       SKYF           Security ID:  83080P103
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Fred H. Johnson, III      For       For        Management
1.2   Elect  Director James C. McBane           For       For        Management
1.3   Elect  Director Gerard P. Mastroianni     For       For        Management
1.4   Elect  Director Robert E. Spitler         For       For        Management
1.5   Elect  Director Joseph N. Tosh, II        For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Restricted Stock Plan             For       For        Management


--------------------------------------------------------------------------------

STAGE STORES, INC.

Ticker:       STGS           Security ID:  85254C305
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Scott Davido              For       For        Management
1.2   Elect  Director Alan Gilman               For       For        Management
1.3   Elect  Director Michael Glazer            For       For        Management
1.4   Elect  Director Michael McCreery          For       For        Management
1.5   Elect  Director John Mentzer              For       For        Management
1.6   Elect  Director Margaret Monaco           For       For        Management
1.7   Elect  Director William Montgoris         For       For        Management
1.8   Elect  Director Walter Salmon             For       For        Management
1.9   Elect  Director James Scarborough         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

STERLING FINANCIAL CORP.

Ticker:       STSA           Security ID:  859319105
Meeting Date: DEC 11, 2003   Meeting Type: Special
Record Date:  OCT 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management


--------------------------------------------------------------------------------

STERLING FINANCIAL CORP.

Ticker:       STSA           Security ID:  859319105
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ned M. Barnes             For       For        Management
1.2   Elect  Director James P. Fugate           For       For        Management
1.3   Elect  Director Robert D. Larrabee        For       For        Management
1.4   Elect  Director Donald N. Bauhofer        For       For        Management
1.5   Elect  Director W.'Ike' L. Eisenhart      For       For        Management


--------------------------------------------------------------------------------

SYBRON DENTAL SPECIALTIES, INC.

Ticker:       SYD            Security ID:  871142105
Meeting Date: FEB 6, 2004    Meeting Type: Annual
Record Date:  DEC 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James R. Parks             For       For        Management
1.2   Elect Director Floyd W. Pickrell, Jr.     For       For        Management
1.3   Elect Director William E. B. Siart        For       For        Management


--------------------------------------------------------------------------------

TIMKEN CO. (THE)

Ticker:       TKR            Security ID:  887389104
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James W. Griffith         For       For        Management
1.2   Elect  Director Jerry J. Jasinowski       For       For        Management
1.3   Elect  Director John A. Luke, Jr.         For       For        Management
1.4   Elect  Director Frank C. Sullivan         For       For        Management
1.5   Elect  Director Ward J. Timken            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

TOMMY HILFIGER CORP.

Ticker:       TOM            Security ID:  G8915Z102
Meeting Date: NOV 3, 2003    Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect David F. Dyer and Clinton V. Silver For       For        Management
      as a Directors
2     Approve 2003 Incentive Compensation Plan  For       For        Management
3     Ratify PricewaterhouseCoopers LLC as      For       For        Management
      Auditors
4     Other Business (Voting)                   For       Against    Management


--------------------------------------------------------------------------------

TOO, INC.

Ticker:       TOO            Security ID:  890333107
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David A. Krinsky          For       For        Management
1.2   Elect  Director Kenneth J. Strottman      For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management


--------------------------------------------------------------------------------

VALEANT PHARMACEUTICALS INTL.

Ticker:       VRX            Security ID:  91911X104
Meeting Date: MAY 25, 2004   Meeting Type: Annual
Record Date:  APR 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward A. Burkhardt       For       For        Management
1.2   Elect  Director Timothy C. Tyson          For       For        Management
1.3   Elect  Director Elaine S. Ullian          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

VECTREN CORP.

Ticker:       VVC            Security ID:  92240G101
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John D. Engelbrecht       For       For        Management
1.2   Elect  Director William G. Mays           For       For        Management
1.3   Elect  Director J. Timothy Mcginley       For       For        Management
1.4   Elect  Director Richard P. Rechter        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Expense Stock Options                     Against   For        Shareholder


--------------------------------------------------------------------------------

VIAD CORP.

Ticker:       VVI            Security ID:  92552R109
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jess Hay                  For       For        Management
1.2   Elect  Director Linda Johnson Rice        For       For        Management
1.3   Elect  Director Albert M. Teplin          For       For        Management
1.4   Elect  Director Timothy R. Wallace        For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Approve Reverse Stock Split               For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WASHINGTON GROUP INTERNATIONAL INC

Ticker:       WGII           Security ID:  938862208
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Declassify the Board of Directors         For       Against    Management
2.1   Elect  Director Stephen G. Hanks          For       For        Management
2.2   Elect  Director Michael P. Monaco         For       For        Management
2.3   Elect  Director Cordell Reed              For       For        Management
2.4   Elect  Director Bettina M. Whyte          For       For        Management
3     Ratify Auditors                           For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

WD-40 COMPANY

Ticker:       WDFC           Security ID:  929236107
Meeting Date: DEC 16, 2003   Meeting Type: Annual
Record Date:  OCT 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John C. Adams, Jr.         For       For        Management
1.2   Elect Director Giles H. Bateman           For       For        Management
1.3   Elect Director Richard A. Collato         For       For        Management
1.4   Elect Director Mario L. Crivello          For       For        Management
1.5   Elect Director Daniel W. Derbes           For       For        Management
1.6   Elect Director Gary L. Luick              For       For        Management
1.7   Elect Director Kenneth E. Olson           For       For        Management
1.8   Elect Director Garry O. Ridge             For       For        Management
1.9   Elect Director Gerald C. Schleif          For       For        Management
1.10  Elect Director Neal E. Schmale            For       For        Management
1.11  Elect Director Edward J. Walsh            For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Approve Non-Employee Director Restricted  For       For        Management
      Stock Plan
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WEBSTER FINANCIAL CORP.

Ticker:       WBS            Security ID:  947890109
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joel S. Becker            For       For        Management
1.2   Elect  Director William T. Bromage        For       For        Management
1.3   Elect  Director James C. Smith            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WET SEAL, INC., THE

Ticker:       WTSLA          Security ID:  961840105
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director George H. Benter, Jr.     For       Did Not    Management
                                                          Vote
1.2   Elect  Director Barry J. Entous           For       Did Not    Management
                                                          Vote
1.3   Elect  Director Stephen Gross             For       Did Not    Management
                                                          Vote
1.4   Elect  Director William F. Loeb           For       Did Not    Management
                                                          Vote
1.5   Elect  Director Wilfred Posluns           For       Did Not    Management
                                                          Vote
1.6   Elect  Director Alan Siegel               For       Did Not    Management
                                                          Vote
1.7   Elect  Director Irving Teitelbaum         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

WHITING PETROLEUM CORP.

Ticker:       WLL            Security ID:  966387102
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas L. Aller           For       For        Management
1.2   Elect  Director J.B. Ladd                 For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

YELLOW ROADWAY CORP.

Ticker:       YELL           Security ID:  985509108
Meeting Date: DEC 9, 2003    Meeting Type: Special
Record Date:  OCT 16, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Change Company Name                       For       For        Management
3     Adjourn Meeting                           For       For        Management




===================== BLACKROCK TAX-FREE INCOME PORTFOLIO ======================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


==================== BLACKROCK U.S. OPPORTUNITIES PORTFOLIO ====================

ITEM 1 PROXY VOTING RECORD

A. SCHULMAN, INC.

Ticker:       SHLM           Security ID:  808194104
Meeting Date: DEC 4, 2003    Meeting Type: Annual
Record Date:  OCT 14, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James S. Marlen            For       For        Management
1.2   Elect Director Ernest J. Novak, Jr.       For       For        Management
1.3   Elect Director Robert A. Stefanko         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ABERCROMBIE & FITCH CO.

Ticker:       ANF            Security ID:  002896207
Meeting Date: MAY 20, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John A. Golden            For       For        Management
1.2   Elect  Director Seth R. Johnson           For       For        Management
1.3   Elect  Director Edward F. Limato          For       For        Management


--------------------------------------------------------------------------------

ADC TELECOMMUNICATIONS, INC.

Ticker:       ADCT           Security ID:  000886101
Meeting Date: MAR 2, 2004    Meeting Type: Annual
Record Date:  JAN 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Annunziata         For       For        Management
1.2   Elect  Director John J. Boyle III         For       For        Management
1.3   Elect  Director Larry W. Wangberg         For       For        Management
1.4   Elect  Director Robert E. Switz           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AETNA INC.

Ticker:       AET            Security ID:  00817Y108
Meeting Date: APR 30, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     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 Jack D. Kuehler           For       For        Management
1.9   Elect  Director Edward J. Ludwig          For       For        Management
1.10  Elect  Director Joseph P. Newhouse        For       For        Management
1.11  Elect  Director Judith Rodin              For       For        Management
1.12  Elect  Director John W. Rowe, M.D.        For       For        Management
1.13  Elect  Director Ronald A. Williams        For       For        Management
1.14  Elect  Director R. David Yost             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   Against    Shareholder
4     Limit Executive Compensation              Against   Against    Shareholder


--------------------------------------------------------------------------------

AFFILIATED COMPUTER SERVICES, INC.

Ticker:       ACS            Security ID:  008190100
Meeting Date: OCT 30, 2003   Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Darwin Deason              For       For        Management
1.2   Elect Director Jeffrey A. Rich            For       For        Management
1.3   Elect Director Mark A. King               For       For        Management
1.4   Elect Director Joseph P. O'Neill          For       For        Management
1.5   Elect Director Frank A. Rossi             For       For        Management
1.6   Elect Director J. Livingston Kosberg      For       For        Management
1.7   Elect Director Dennis McCuistion          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AGERE SYSTEMS INC

Ticker:       AGR.A          Security ID:  00845V100
Meeting Date: FEB 19, 2004   Meeting Type: Annual
Record Date:  DEC 22, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard L. Clemmer        For       For        Management
1.2   Elect  Director John T. Dickson           For       For        Management


--------------------------------------------------------------------------------

ALBERTSON'S INC.

Ticker:       ABS            Security ID:  013104104
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Pamela G. Bailey          For       For        Management
1.2   Elect  Director Teresa Beck               For       For        Management
1.3   Elect  Director Beth M. Pritchard         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  Against   Against    Shareholder
      of Directors
5     Amend Vote Requirements to Amend          Against   For        Shareholder
      Articles/Bylaws/Charter
6     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote
7     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

ALKERMES, INC.

Ticker:       ALKS           Security ID:  01642T108
Meeting Date: SEP 9, 2003    Meeting Type: Annual
Record Date:  JUL 23, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dr. Floyd E. Bloom         For       For        Management
1.2   Elect Director Robert A. Breyer           For       For        Management
1.3   Elect Director Gerri Henwood              For       For        Management
1.4   Elect Director Paul J. Mitchell           For       For        Management
1.5   Elect Director Richard F. Pops            For       For        Management
1.6   Elect Director Dr. Alexander Rich         For       For        Management
1.7   Elect Director Dr. Paul Schimmel          For       For        Management
1.8   Elect Director Michael A. Wall            For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


--------------------------------------------------------------------------------

ALLIANCE GAMING CORP.

Ticker:       AGI            Security ID:  01859P609
Meeting Date: DEC 10, 2003   Meeting Type: Annual
Record Date:  NOV 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert Miodunski           For       For        Management
1.2   Elect Director David Robbins              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AMERICAN EQUITY INVT LIFE HLDG

Ticker:       AEL            Security ID:  025676206
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John C. Anderson          For       For        Management
1.2   Elect  Director Robert L. Hilton          For       For        Management
1.3   Elect  Director John M. Matovina          For       For        Management
1.4   Elect  Director Kevin R. Wingert          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

AMERITRADE HOLDINGS CORP.

Ticker:       AMTD           Security ID:  03074K100
Meeting Date: FEB 10, 2004   Meeting Type: Annual
Record Date:  DEC 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Peter Ricketts         For       For        Management
1.2   Elect  Director C. Kevin Landry           For       For        Management
1.3   Elect  Director Mark L. Mitchell          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       For        Management


--------------------------------------------------------------------------------

AMPHENOL CORP.

Ticker:       APH            Security ID:  032095101
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Andrew E. Lietz           For       For        Management
1.2   Elect  Director Martin H. Loeffler        For       For        Management
1.3   Elect  Director Michael W. Michelson      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Approve Non-Employee Director Stock       For       For        Management
      Option Plan
5     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

ANDRX CORP.

Ticker:       ADRX           Security ID:  034553107
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lawrence J. DuBow         For       For        Management
1.2   Elect  Director Elliot F. Hahn, Ph.D.     For       For        Management
1.3   Elect  Director Thomas P. Rice            For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JAN 20, 2004   Meeting Type: Special
Record Date:  DEC 17, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2:1 Stock Split                   For       For        Management
2     Approve 2004 Stock Option Plan            For       For        Management
3     Other Business (Voting)                   For       For        Management


--------------------------------------------------------------------------------

ANGIOTECH PHARMACEUTICALS INC.

Ticker:       ANP.           Security ID:  034918102
Meeting Date: JUN 10, 2004   Meeting Type: Annual/Special
Record Date:  MAY 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       For        Management
2.1   Elect  Director William L. Hunter         For       For        Management
2.2   Elect  Director David T. Howard           For       For        Management
2.3   Elect  Director Hartley T. Richardson     For       For        Management
2.4   Elect  Director Edward M. Brown           For       For        Management
2.5   Elect  Director Arthur H. Willms          For       For        Management
2.6   Elect  Director Glen D. Nelson            For       For        Management
3     Ratify Auditors                           For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      the Auditors
5     Amend Articles Re: Remove Pre-Existing    For       For        Management
      Company Provisions
6     Approve Unlimited Capital Authorization   For       Against    Management
7     Adopt New Articles                        For       For        Management
8     Other Business                            For       For        Management


--------------------------------------------------------------------------------

ANNTAYLOR STORES CORP.

Ticker:       ANN            Security ID:  036115103
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert C. Grayson         For       For        Management
1.2   Elect  Director Rochelle B. Lazarus       For       For        Management
1.3   Elect  Director J. Patrick Spainhour      For       For        Management
1.4   Elect  Director Michael W. Trapp          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ANTIGENICS, INC.

Ticker:       AGEN           Security ID:  037032109
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Noubar Afeyan             For       Did Not    Management
                                                          Vote
1.2   Elect  Director Frank V. Atlee III        For       Did Not    Management
                                                          Vote
1.3   Elect  Director Pramod K. Srivastava      For       Did Not    Management
                                                          Vote
2     Amend Omnibus Stock Plan                  For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

AQUANTIVE, INC.

Ticker:       AQNT           Security ID:  03839G105
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter M. Neupert          For       For        Management
1.2   Elect  Director Linda J. Srere            For       For        Management
1.3   Elect  Director Jaynie M. Studenmund      For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

ARCH COAL, INC.

Ticker:       ACI            Security ID:  039380100
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven F. Leer            For       Did Not    Management
                                                          Vote
1.2   Elect  Director Robert G. Potter          For       Did Not    Management
                                                          Vote
1.3   Elect  Director Theodore D. Sands         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ARQULE, INC.

Ticker:       ARQL           Security ID:  04269E107
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Laura Avakian             For       For        Management
1.2   Elect  Director Werner Cautreels, Ph.D.   For       For        Management
1.3   Elect  Director Tuan Ha-Ngoc              For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


--------------------------------------------------------------------------------

ASTEC INDUSTRIES, INC.

Ticker:       ASTE           Security ID:  046224101
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Don Brock              For       Did Not    Management
                                                          Vote
1.2   Elect  Director Albert E. Guth            For       Did Not    Management
                                                          Vote
1.3   Elect  Director W. Norman Smith           For       Did Not    Management
                                                          Vote
1.4   Elect  Director William B. Sansom         For       Did Not    Management
                                                          Vote
2     Elect  Director R. Douglas Moffat         For       Did Not    Management
                                                          Vote
3     Other Business                            For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

AVAYA INC

Ticker:       AV             Security ID:  053499109
Meeting Date: FEB 26, 2004   Meeting Type: Annual
Record Date:  DEC 31, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joseph P. Landy           For       For        Management
1.2   Elect  Director Mark Leslie               For       For        Management
1.3   Elect  Director Donald K. Peterson        For       For        Management
1.4   Elect  Director Anthony P. Terracciano    For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Limit Awards to Executives                Against   Against    Shareholder


--------------------------------------------------------------------------------

BEA SYSTEMS, INC.

Ticker:       BEAS           Security ID:  073325102
Meeting Date: JUN 11, 2004   Meeting Type: Annual
Record Date:  APR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dean O. Morton            For       For        Management
1.2   Elect  Director George Reyes              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

BEST BUY CO., INC.

Ticker:       BBY            Security ID:  086516101
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  APR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bradbury H. Anderson      For       For        Management
1.2   Elect  Director K.J. Higgins Victor       For       For        Management
1.3   Elect  Director Allen U. Lenzmeier        For       For        Management
1.4   Elect  Director Frank D. Trestman         For       For        Management
1.5   Elect  Director James C. Wetherbe         For       For        Management
1.6   Elect  Director Ronald James              For       For        Management
1.7   Elect  Director Matthew H. Paull          For       For        Management
1.8   Elect  Director Mary A. Tolan             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

BJ SERVICES COMPANY

Ticker:       BJS            Security ID:  055482103
Meeting Date: JAN 22, 2004   Meeting Type: Annual
Record Date:  DEC 5, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Don D. Jordan              For       For        Management
1.2   Elect Director William H. White           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Report on Foreign Operations Risk         Against   Against    Shareholder


--------------------------------------------------------------------------------

BOOKHAM TECHNOLOGY

Ticker:                      Security ID:  09856Q108
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE THE ACCOUNTS, TOGETHER WITH    For       For        Management
      THE DIRECTORS  REPORT, THE DIRECTORS
      REMUNERATION REPORT AND AUDITORS  REPORT.
2     TO APPROVE THE DIRECTOR S REMUNERATION    For       For        Management
      REPORT AS SET OUT IN THE ANNUAL REPORT
      AND ACCOUNTS FOR THE FINANCIAL YEAR ENDED
      31 DECEMBER 2003.
3     TO RE-ELECT ROBERT RICKMAN AS A DIRECTOR  For       For        Management
      OF THE COMPANY.
4     TO ELECT DR. PETER BORDUI AS A DIRECTOR   For       For        Management
      OF THE COMPANY.
5     TO ELECT DR. WINSTON FU AS A DIRECTOR OF  For       For        Management
      THE COMPANY.
6     Ratify Auditors                           For       For        Management
7     TO AUTHORISE THE DIRECTORS GENERALLY AND  For       For        Management
      UNCONDITIONALLY PURSUANT TO SECTION 80 OF
      THE COMPANIES ACT 1985 TO EXERCISE ALL
      THE POWERS OF THE COMPANY TO ALLOT
      RELEVANT SECURITIES.
8     SUBJECT TO THE PASSING OF RESOLUTION 7    For       For        Management
      ABOVE, THAT THE DIRECTORS BE AND ARE
      HEREBY EMPOWERED TO ALLOT EQUITY
      SECURITIES.
9     THAT THE COMPANY IS GENERALLY AND         For       For        Management
      UNCONDITIONALLY HEREBY AUTHORISED TO MAKE
      MARKET PURCHASES OF ANY OF ITS ORDINARY
      SHARES.


--------------------------------------------------------------------------------

BOOKHAM TECHNOLOGY

Ticker:                      Security ID:  09856Q108
Meeting Date: MAR 5, 2004    Meeting Type: Special
Record Date:  JAN 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THAT THE ACQUISITION BY WAY OF MERGER OF  For       For        Management
      NEW FOCUS, INC. (THE  ACQUISITION ) UPON
      THE TERMS AND CONDITIONS OF THE AGREEMENT
      DATED 21 SEPTEMBER 2003 BE AND IS HEREBY
      APPROVED.
2     SUBJECT TO THE PASSING OF RESOLUTION 1,   For       For        Management
      THAT THE AUTHORISED SHARE CAPITAL OF THE
      COMPANY BE AND IS HEREBY INCREASED FROM
      1,000,000 POUNDS TO 1,500,000 POUNDS BY
      THE CREATION OF 150,000,000 ADDITIONAL
      ORDINARY SHARES OF 1/3P EACH IN THE
      CAPITAL OF THE COM
3     SUBJECT TO THE PASSING OF RESOLUTION 2,   For       For        Management
      THAT THE DIRECTORS BE AND ARE HEREBY
      GENERALLY AND UNCONDITIONALLY AUTHORISED
      TO EXERCISE ALL THE POWERS OF THE COMPANY
      TO ALLOT RELEVANT SECURITIES.
4     TO AUTHORISE THE DIRECTORS GENERALLY AND  For       For        Management
      UNCONDITIONALLY TO EXERCISE THE POWERS OF
      THE COMPANY TO ALLOT RELEVANT SECURITIES.
5     SUBJECT TO THE PASSING OF RESOLUTION 4,   For       For        Management
      THAT THE DIRECTORS BE AND ARE HEREBY
      EMPOWERED TO ALLOT EQUITY SECURITIES.


--------------------------------------------------------------------------------

BORG-WARNER, INC.

Ticker:       BWA            Security ID:  099724106
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jere A. Drummond          For       For        Management
1.2   Elect  Director Timothy M. Manganello     For       For        Management
1.3   Elect  Director Ernest J. Novak, Jr.      For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CACHE, INC.

Ticker:       CACH           Security ID:  127150308
Meeting Date: NOV 11, 2003   Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Andrew M. Saul             For       For        Management
1.2   Elect Director Joseph E. Saul             For       For        Management
1.3   Elect Director Brian Woolf                For       For        Management
1.4   Elect Director Thomas E. Reinckens        For       For        Management
1.5   Elect Director Arthur S. Mintz            For       For        Management
1.6   Elect Director Morton J. Schrader         For       For        Management
2     Approve Stock Option Plan                 For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CAPITAL ONE FINANCIAL CORP.

Ticker:       COF            Security ID:  14040H105
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  FEB 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director W. Ronald Dietz           For       For        Management
1.2   Elect  Director Lewis Hay, III            For       For        Management
1.3   Elect  Director Mayo A. Shattuck, III     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

CAPITALSOURCE, INC

Ticker:       CSE            Security ID:  14055X102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Andrew B. Fremder         For       For        Management
1.2   Elect  Director Tully M. Friedman         For       For        Management
1.3   Elect  Director Paul R. Wood              For       For        Management


--------------------------------------------------------------------------------

CAREMARK RX, INC.

Ticker:       CMX            Security ID:  141705103
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edwin M. Banks            For       For        Management
1.2   Elect  Director Colleen C. Welch, Ph.D.   For       For        Management
1.3   Elect  Director Roger L. Headrick         For       For        Management
1.4   Elect  Director Jean-Pierre Millon        For       For        Management


--------------------------------------------------------------------------------

CAREMARK RX, INC.

Ticker:       CMX            Security ID:  141705103
Meeting Date: MAR 22, 2004   Meeting Type: Special
Record Date:  FEB 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management
2     Approve Issuance of Stock in Connection   For       For        Management
      with Merger Agreement
3     Increase Authorized Preferred Stock       For       Against    Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Allow Postponement or Adjournment of      For       For        Management
      Special Meeting


--------------------------------------------------------------------------------

CARMIKE CINEMAS, INC.

Ticker:       CKEC           Security ID:  143436400
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael W. Patrick        For       For        Management
1.2   Elect  Director Elizabeth C. Fascitelli   For       For        Management
1.3   Elect  Director Richard A. Friedman       For       For        Management
1.4   Elect  Director Alan J. Hirschfield       For       For        Management
1.5   Elect  Director John W. Jordan II         For       For        Management
1.6   Elect  Director S. David Passman III      For       For        Management
1.7   Elect  Director Carl L. Patrick, Jr.      For       For        Management
1.8   Elect  Director Kenneth A. Pontarelli     For       For        Management
1.9   Elect  Director Roland C. Smith           For       For        Management
1.10  Elect  Director Patricia A. Wilson        For       For        Management
1.11  Elect  Director David W. Zalaznick        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

CARTER

Ticker:       CRI            Security ID:  146229109
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ross M. Jones             For       Did Not    Management
                                                          Vote
1.2   Elect  Director David Pulver              For       Did Not    Management
                                                          Vote
2     Amend Omnibus Stock Plan                  For       Did Not    Management
                                                          Vote
3     Amend Executive Incentive Bonus Plan      For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CENTEX CORP.

Ticker:       CTX            Security ID:  152312104
Meeting Date: JUL 17, 2003   Meeting Type: Annual
Record Date:  MAY 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dan W. Cook III            For       For        Management
1.2   Elect Director Thomas J. Falk             For       For        Management
1.3   Elect Director Laurence E. Hirsch         For       For        Management
1.4   Elect Director Thomas M. Schoewe          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CHARLES RIVER ASSOCIATES INC.

Ticker:       CRAI           Security ID:  159852102
Meeting Date: APR 16, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Basil L. Anderson*        For       For        Management
1.2   Elect  Director Nancy L. Rose*            For       For        Management
1.3   Elect  Director James C. Burrows**        For       For        Management
1.4   Elect  Director Franklin M. Fisher**      For       For        Management
1.5   Elect  Director Carl Shapiro**            For       For        Management


--------------------------------------------------------------------------------

CHESAPEAKE ENERGY CORP.

Ticker:       CHK            Security ID:  165167107
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank A. Keating          For       For        Management
1.2   Elect  Director Tom L. Ward               For       For        Management
1.3   Elect  Director Frederick B. Whittemore   For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Increase Authorized Preferred Stock       For       For        Management


--------------------------------------------------------------------------------

CHICAGO BRIDGE & IRON CO.

Ticker:       CBI            Security ID:  167250109
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     FIRST POSITION: BALLENGEE                 For       For        Management
2     FIRST POSITION: BORDAGES                  Against   Abstain    Management
3     SECOND POSITION: SIMPSON                  For       For        Management
4     SECOND POSITION: LEVENTRY                 Against   Abstain    Management
5     TO AUTHORIZE THE PREPARATION OF THE       For       For        Management
      ANNUAL ACCOUNTS AND ANNUAL REPORT IN THE
      ENGLISH LANGUAGE AND ADOPT DUTCH
      STATUTORY ANNUAL ACCOUNTS
6     TO DISCHARGE MANAGEMENT BOARD AND         For       For        Management
      SUPERVISORY BOARD FROM LIABILITY IN
      EXERCISE OF THEIR DUTIES
7     TO RESOLVE THE FINAL DIVIDEND             For       For        Management
8     TO REPURCHASE UP TO 30% OF THE ISSUED     For       For        Management
      SHARE CAPITAL
9     TO CANCEL SHARES TO BE ACQUIRED BY THE    For       For        Management
      COMPANY IN ITS OWN SHARE CAPITAL
10    TO APPROVE THE EXTENSION OF THE AUTHORITY For       For        Management
      TO ISSUE AND/OR GRANT RIGHTS ON SHARES
      AND TO LIMIT OR EXCLUDE PREEMPTIVE RIGHTS
11    TO INCREASE THE AMOUNT OF THE AUTHORIZED  For       For        Management
      SHARE CAPITAL
12    TO APPOINT DELOITTE & TOUCHE AS THE       For       For        Management
      COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS


--------------------------------------------------------------------------------

CHURCH & DWIGHT CO., INC.

Ticker:       CHD            Security ID:  171340102
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert H. Beeby           For       For        Management
1.2   Elect  Director Dwight C. Minton          For       For        Management
1.3   Elect  Director J. Richard Leaman, Jr.    For       For        Management
1.4   Elect  Director John O. Whitney           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CITADEL BROADCASTING CORP

Ticker:       CDL            Security ID:  17285T106
Meeting Date: MAY 24, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David W. Checketts        For       Did Not    Management
                                                          Vote
1.2   Elect  Director J. Anthony Forstmann      For       Did Not    Management
                                                          Vote
1.3   Elect  Director Charles P. Rose, Jr.      For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

CITY NATIONAL CORP.

Ticker:       CYN            Security ID:  178566105
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Russell Goldsmith         For       For        Management
1.2   Elect  Director Michael L. Meyer          For       For        Management
1.3   Elect  Director Ronald L. Olson           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management


--------------------------------------------------------------------------------

COLONIAL BANCGROUP, INC., THE

Ticker:       CNB            Security ID:  195493309
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert S. Craft           For       For        Management
1.2   Elect  Director Hubert L. Harris, Jr.     For       For        Management
1.3   Elect  Director Clinton O. Holdbrooks     For       For        Management
1.4   Elect  Director Harold D. King            For       For        Management
1.5   Elect  Director Robert E. Lowder          For       For        Management
1.6   Elect  Director John C.H. Miller, Jr.     For       For        Management
1.7   Elect  Director James W. Rane             For       For        Management


--------------------------------------------------------------------------------

COMPUTER ASSOCIATES INTERNATIONAL, INC.

Ticker:       CA             Security ID:  204912109
Meeting Date: AUG 27, 2003   Meeting Type: Annual
Record Date:  JUL 2, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Russell M. Artzt           For       For        Management
1.2   Elect Director Kenneth Cron               For       For        Management
1.3   Elect Director Alfonse M. D'Amato         For       For        Management
1.4   Elect Director Gary J. Fernandes          For       For        Management
1.5   Elect Director Sanjay Kumar               For       For        Management
1.6   Elect Director Robert E. La Blanc         For       For        Management
1.7   Elect Director Jay W. Lorsch              For       For        Management
1.8   Elect Director Lewis S. Ranieri           For       For        Management
1.9   Elect Director Walter P. Schuetze         For       For        Management
1.10  Elect Director Alex Serge Vieux           For       For        Management
2     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

COMPUTER SCIENCES CORPORATION

Ticker:       CSC            Security ID:  205363104
Meeting Date: AUG 11, 2003   Meeting Type: Annual
Record Date:  JUN 13, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Irving W. Bailey, II       For       For        Management
1.2   Elect Director Stephen L. Baum            For       For        Management
1.3   Elect Director Rodney F. Chase            For       For        Management
1.4   Elect Director Van B. Honeycutt           For       For        Management
1.5   Elect Director William R. Hoover          For       For        Management
1.6   Elect Director Leon J. Level              For       For        Management
1.7   Elect Director Thomas A. McDonnell        For       For        Management
1.8   Elect Director F. Warren McFarlan         For       For        Management
1.9   Elect Director James R. Mellor            For       For        Management
1.10  Elect Director William P. Rutledge        For       For        Management


--------------------------------------------------------------------------------

COMVERSE TECHNOLOGY, INC.

Ticker:       CMVT           Security ID:  205862402
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 27, 2004

#     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
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


--------------------------------------------------------------------------------

COMVERSE TECHNOLOGY, INC.

Ticker:       CMVT           Security ID:  205862402
Meeting Date: DEC 16, 2003   Meeting Type: Annual
Record Date:  OCT 28, 2003

#     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
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     Amend Employee Stock Purchase Plan        For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CORGENTECH INC.

Ticker:       CGTK           Security ID:  21872P105
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Victor J. Dzau, M.D.       For       For        Management
1.2   Elect Director John P. Mclaughlin         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

CSX CORP.

Ticker:       CSX            Security ID:  126408103
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director E.E. Bailey               For       For        Management
1.2   Elect  Director R.L. Burrus, Jr.          For       For        Management
1.3   Elect  Director E.J. Kelly, III           For       For        Management
1.4   Elect  Director R.D. Kunisch              For       For        Management
1.5   Elect  Director S.J. Morcott              For       For        Management
1.6   Elect  Director D.M. Ratcliffe            For       For        Management
1.7   Elect  Director C.E. Rice                 For       For        Management
1.8   Elect  Director W.C. Richardson           For       For        Management
1.9   Elect  Director F.S. Royal, M.D.          For       For        Management
1.10  Elect  Director D.J. Shepard              For       For        Management
1.11  Elect  Director M.J. Ward                 For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit Executive Compensation              Against   Against    Shareholder
4     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
5     Limit Awards to Executives                Against   For        Shareholder


--------------------------------------------------------------------------------

DENDREON CORP.

Ticker:       DNDN           Security ID:  24823Q107
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gerardo Canet             For       For        Management
1.2   Elect  Director Bogdan Dziurzynski        For       For        Management
1.3   Elect  Director Douglas Watson            For       For        Management


--------------------------------------------------------------------------------

DIGITALNET HOLDINGS, INC.

Ticker:       DNET           Security ID:  25389B103
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ken S. Bajaj              For       For        Management
1.2   Elect  Director Craig A. Bondy            For       For        Management
1.3   Elect  Director Philip A. Canfield        For       For        Management
1.4   Elect  Director Alan G. Merten            For       For        Management
1.5   Elect  Director Edward C. Meyer           For       For        Management
1.6   Elect  Director Richard N. Perle          For       For        Management
1.7   Elect  Director Bruce V. Rauner           For       For        Management
1.8   Elect  Director Stuart J. Yarbrough       For       For        Management


--------------------------------------------------------------------------------

DIGITAS INC

Ticker:       DTAS           Security ID:  25388K104
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert R. Glatz           For       For        Management
1.2   Elect  Director David W. Kenny            For       For        Management


--------------------------------------------------------------------------------

DOUBLECLICK INC.

Ticker:       DCLK           Security ID:  258609304
Meeting Date: JUN 7, 2004    Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas S. Murphy          For       For        Management
1.2   Elect  Director Mark E. Nunnelly          For       For        Management
1.3   Elect  Director Kevin J. O'Connor         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EGL, INC.

Ticker:       EAGL           Security ID:  268484102
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Crane            For       For        Management
1.2   Elect  Director Frank J. Hevrdejs         For       For        Management
1.3   Elect  Director Paul William Hobby        For       For        Management
1.4   Elect  Director Michael K. Jhin           For       For        Management
1.5   Elect  Director Milton Carroll            For       For        Management
1.6   Elect  Director Neil E. Kelley            For       For        Management
1.7   Elect  Director Rebecca A. McDonald       For       For        Management
1.8   Elect  Director James C. Flagg            For       For        Management
1.9   Elect  Director Elijio V. Serrano         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ELKCORP

Ticker:       ELK            Security ID:  287456107
Meeting Date: OCT 28, 2003   Meeting Type: Annual
Record Date:  SEP 2, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas D. Karol            For       Did Not    Management
                                                          Vote
1.2   Elect Director Dale V. Kesler             For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

ENSCO INTERNATIONAL, INC.

Ticker:       ESV            Security ID:  26874Q100
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David M. Carmichael       For       For        Management
1.2   Elect  Director Thomas L. Kelly II        For       For        Management
1.3   Elect  Director Rita M. Rodriguez         For       For        Management


--------------------------------------------------------------------------------

EQUITABLE RESOURCES, INC.

Ticker:       EQT            Security ID:  294549100
Meeting Date: APR 14, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lee T. Todd, Jr., Ph.D.   For       For        Management
1.2   Elect  Director Murry S. Gerber           For       For        Management
1.3   Elect  Director George L. Miles, Jr.      For       For        Management
1.4   Elect  Director James W. Whalen           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

ESTEE LAUDER COMPANIES INC., THE

Ticker:       EL             Security ID:  518439104
Meeting Date: NOV 5, 2003    Meeting Type: Annual
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Irvine O. Hockaday, Jr.    For       For        Management
1.2   Elect Director Fred H. Langhammer         For       For        Management
1.3   Elect Director Rose Marie Bravo           For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

EXAR CORPORATION

Ticker:       EXAR           Security ID:  300645108
Meeting Date: SEP 4, 2003    Meeting Type: Annual
Record Date:  JUL 11, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Dr. Frank P. Carrubba      For       For        Management
2     Amend Non-Employee Director Stock Option  For       For        Management
      Plan


--------------------------------------------------------------------------------

EYETECH PHARMACEUTICALS, INC.

Ticker:       EYET           Security ID:  302297106
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John P. Mclaughlin        For       For        Management
1.2   Elect  Director Srinivas Akkaraju         For       For        Management
1.3   Elect  Director Michael G. Mullen         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FILENET CORP.

Ticker:       FILE           Security ID:  316869106
Meeting Date: MAY 7, 2004    Meeting Type: Annual
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director L. George Klaus           For       For        Management
1.2   Elect  Director William P. Lyons          For       For        Management
1.3   Elect  Director Lee D. Roberts            For       For        Management
1.4   Elect  Director John C. Savage            For       For        Management
1.5   Elect  Director Roger S. Siboni           For       For        Management
1.6   Elect  Director Theodore J. Smith         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FMC TECHNOLOGIES, INC.

Ticker:       FTI            Security ID:  30249U101
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Asbjorn Larsen            For       For        Management
1.2   Elect  Director Joseph H. Netherland      For       For        Management
1.3   Elect  Director James R. Thompson         For       For        Management


--------------------------------------------------------------------------------

FORRESTER RESEARCH INC.

Ticker:       FORR           Security ID:  346563109
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Henk W. Broeders          For       For        Management
1.2   Elect  Director George R. Hornig          For       For        Management


--------------------------------------------------------------------------------

FRANKLIN BANK CORP.

Ticker:       FBTX           Security ID:  352451108
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lawrence Chimerine, Ph.D. For       For        Management
1.2   Elect  Director James A. Howard           For       For        Management
1.3   Elect  Director Anthony J. Nocella        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

FREEPORT-MCMORAN COPPER & GOLD INC.

Ticker:       FCX            Security ID:  35671D857
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director  Robert J. Allison, Jr.   For       For        Management
1.2   Elect  Director  R. Leigh Clifford        For       For        Management
1.3   Elect  Director  James R. Moffett         For       For        Management
1.4   Elect  Director  B. M. Rankin, Jr.        For       For        Management
1.5   Elect  Director  J. Taylor Wharton        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Halt Payments to Indonesian Military      Against   Against    Shareholder


--------------------------------------------------------------------------------

GARTNER , INC.

Ticker:       IT             Security ID:  366651107
Meeting Date: JUN 30, 2004   Meeting Type: Annual
Record Date:  MAY 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Maynard G. Webb, Jr.      For       For        Management


--------------------------------------------------------------------------------

GEMSTAR - TV GUIDE INTERNATIONAL, INC.

Ticker:       GMST           Security ID:  36866W106
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nicholas Donatiello, Jr.  For       Did Not    Management
                                                          Vote
1.2   Elect  Director James E. Meyer            For       Did Not    Management
                                                          Vote
1.3   Elect  Director Lachlan K. Murdoch        For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

GENERAL CABLE CORP.

Ticker:       BGC            Security ID:  369300108
Meeting Date: MAY 11, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeffrey Noddle            For       For        Management
1.2   Elect  Director John E. Welsh, III        For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

GENESCO INC.

Ticker:       GCO            Security ID:  371532102
Meeting Date: JUN 23, 2004   Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director L.L. Berry                For       For        Management
1.2   Elect  Director W.F. Blaufuss, Jr.        For       For        Management
1.3   Elect  Director R.V. Dale                 For       For        Management
1.4   Elect  Director W.L. Davis, Jr.           For       For        Management
1.5   Elect  Director M.C. Diamond              For       For        Management
1.6   Elect  Director M.G. Dickens              For       For        Management
1.7   Elect  Director B.T. Harris               For       For        Management
1.8   Elect  Director K. Mason                  For       For        Management
1.9   Elect  Director H.N. Pennington           For       For        Management
1.10  Elect  Director W.A. Williamson, Jr.      For       For        Management
1.11  Elect  Director W.S. Wire II              For       For        Management


--------------------------------------------------------------------------------

GEORGIA GULF CORP.

Ticker:       GGC            Security ID:  373200203
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jerry R. Satrum           For       For        Management
1.2   Elect  Director Edward A. Schmitt         For       For        Management
1.3   Elect  Director Yoshi Kawashima           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


--------------------------------------------------------------------------------

GRAFTECH INTERNATIONAL, LTD.

Ticker:       GTI            Security ID:  384313102
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gilbert E. Playford       For       For        Management
1.2   Elect  Director R. Eugene Cartledge       For       For        Management
1.3   Elect  Director Mary B. Cranston          For       For        Management
1.4   Elect  Director John R. Hall              For       For        Management
1.5   Elect  Director Harold E. Layman          For       For        Management
1.6   Elect  Director Ferrell P. McClean        For       For        Management
1.7   Elect  Director Michael C. Nahl           For       For        Management
1.8   Elect  Director Craig S. Shular           For       For        Management
2     Amend Pension and Retirement Medical      Against   Against    Shareholder
      Insurance Plan


--------------------------------------------------------------------------------

HARMAN INTERNATIONAL INDUSTRIES, INC.

Ticker:       HAR            Security ID:  413086109
Meeting Date: NOV 12, 2003   Meeting Type: Annual
Record Date:  SEP 15, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Edward H. Meyer            For       For        Management
1.2   Elect Director Gregory P. Stapleton       For       For        Management
1.3   Elect Director Stanley A. Weiss           For       For        Management
2     Approve Stock Split                       For       For        Management


--------------------------------------------------------------------------------

HEALTH MANAGEMENT ASSOCIATES, INC.

Ticker:       HMA            Security ID:  421933102
Meeting Date: FEB 17, 2004   Meeting Type: Annual
Record Date:  DEC 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William J. Schoen          For       For        Management
1.2   Elect Director Joseph V. Vumbacco         For       For        Management
1.3   Elect Director Kent P. Dauten             For       For        Management
1.4   Elect Director Donald E. Kiernan          For       For        Management
1.5   Elect Director Robert A. Knox             For       For        Management
1.6   Elect Director William E. Mayberry, M.D.  For       For        Management
1.7   Elect Director William C. Steere, Jr.     For       For        Management
1.8   Elect Director Randolph W. Westerfield,   For       For        Management
      Ph.D.


--------------------------------------------------------------------------------

HEARST-ARGYLE TELEVISION, INC.

Ticker:       HTV            Security ID:  422317107
Meeting Date: MAY 5, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Caroline L. Williams      For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


--------------------------------------------------------------------------------

HILTON HOTELS CORP.

Ticker:       HLT            Security ID:  432848109
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. Steven Crown           For       For        Management
1.2   Elect  Director David Michels             For       For        Management
1.3   Elect  Director John H. Myers             For       For        Management
1.4   Elect  Director Donna F. Tuttle           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Incentive Bonus Plan              For       For        Management
5     Declassify the Board of Directors         Against   Against    Shareholder
6     Require Majority of Independent Directors Against   For        Shareholder
      on Board


--------------------------------------------------------------------------------

INCO LTD.

Ticker:       N.             Security ID:  453258402
Meeting Date: APR 21, 2004   Meeting Type: Annual/Special
Record Date:  MAR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Bylaws Re:Declassify the Board      For       Did Not    Management
                                                          Vote
2.1   Elect  Directors Ronald C. Cambre         For       Did Not    Management
                                                          Vote
2.2   Elect  Directors Scott M. Hand            For       Did Not    Management
                                                          Vote
2.3   Elect  Directors Chaviva M. Hosek         For       Did Not    Management
                                                          Vote
2.4   Elect  Directors David P. O'Brien         For       Did Not    Management
                                                          Vote
2.5   Elect  Directors Glen A. Barton           For       Did Not    Management
                                                          Vote
2.6   Elect  Directors Angus A. Bruneau         For       Did Not    Management
                                                          Vote
2.7   Elect  Directors Peter C. Jones           For       Did Not    Management
                                                          Vote
2.8   Elect  Directors John T. Mayberry         For       Did Not    Management
                                                          Vote
2.9   Elect  Directors Roger Phillips           For       Did Not    Management
                                                          Vote
2.10  Elect  Directors James M. Stanford        For       Did Not    Management
                                                          Vote
3     Approve Auditors and Authorize Board to   For       Did Not    Management
      Fix Remuneration of Auditors                        Vote
4     Other Business (Voting)                   For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

INTEGRATED CIRCUIT SYSTEMS, INC.

Ticker:       ICST           Security ID:  45811K208
Meeting Date: OCT 29, 2003   Meeting Type: Annual
Record Date:  SEP 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Hock E. Tan                For       For        Management
1.2   Elect Director Nam P. Suh, Ph.D.          For       For        Management


--------------------------------------------------------------------------------

INTERNATIONAL RECTIFIER CORP.

Ticker:       IRF            Security ID:  460254105
Meeting Date: NOV 24, 2003   Meeting Type: Annual
Record Date:  SEP 26, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James D. Plummer           For       For        Management
1.2   Elect Director Minoru Matsuda             For       For        Management
1.3   Elect Director Robert S. Attiyeh          For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INTERNATIONAL RECTIFIER CORP.

Ticker:       IRF            Security ID:  460254105
Meeting Date: JAN 26, 2004   Meeting Type: Special
Record Date:  DEC 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

INTERPUBLIC GROUP OF COMPANIES, INC., THE

Ticker:       IPG            Security ID:  460690100
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David A. Bell              For       For        Management
1.2   Elect Director Frank J. Borell            For       For        Management
1.3   Elect Director Reginald K. Brack          For       For        Management
1.4   Elect Director Jill M. Considine          For       For        Management
1.5   Elect Director Christopher J. Coughlin    For       For        Management
1.6   Elect Director John J. Donner, Jr.        For       For        Management
1.7   Elect Director Richard A. Goldstein       For       For        Management
1.8   Elect Director H. John Greenlaus          For       For        Management
1.9   Elect Director Michael I. Roth            For       For        Management
1.10  Elect Director J. Phillip Samper          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
4     Ratify Auditors                           For       For        Management
5     MacBride Principles                       Against   Against    Shareholder


--------------------------------------------------------------------------------

INTERSIL CORPORATION

Ticker:       ISIL           Security ID:  46069S109
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gregory L. Williams       For       For        Management
1.2   Elect  Director Richard M. Beyer          For       For        Management
1.3   Elect  Director Dr. Robert W. Conn        For       For        Management
1.4   Elect  Director James V. Diller           For       For        Management
1.5   Elect  Director Gary E. Gist              For       For        Management
1.6   Elect  Director Jan Peeters               For       For        Management
1.7   Elect  Director Robert N. Pokelwaldt      For       For        Management
1.8   Elect  Director James A. Urry             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

INTERWOVEN, INC.

Ticker:       IWOV           Security ID:  46114T508
Meeting Date: JUN 10, 2004   Meeting Type: Annual
Record Date:  APR 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frank J. Fanzilli, Jr.    For       For        Management
1.2   Elect  Director Thomas L. Thomas          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INVERESK RESEARCH GROUP, INC

Ticker:       IRGI           Security ID:  461238107
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John T. Henderson         For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

INVITROGEN CORP.

Ticker:       IVGN           Security ID:  46185R100
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Raymond V. Dittamore      For       For        Management
1.2   Elect  Director Bradley G. Lorimier       For       For        Management
1.3   Elect  Director David U'Prichard, Ph.D.   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


--------------------------------------------------------------------------------

JOY GLOBAL, INC.

Ticker:       JOYG           Security ID:  481165108
Meeting Date: FEB 24, 2004   Meeting Type: Annual
Record Date:  JAN 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven L. Gerard          For       For        Management
1.2   Elect  Director John Nils Hanson          For       For        Management
1.3   Elect  Director Ken C. Johnsen            For       For        Management
1.4   Elect  Director James R. Klauser          For       For        Management
1.5   Elect  Director Richard B. Loynd          For       For        Management
1.6   Elect  Director P. Eric Siegert           For       For        Management
1.7   Elect  Director James H. Tate             For       For        Management


--------------------------------------------------------------------------------

KADANT INC

Ticker:       KAI            Security ID:  48282T104
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William A. Rainville      For       For        Management


--------------------------------------------------------------------------------

KELLWOOD CO.

Ticker:       KWD            Security ID:  488044108
Meeting Date: JUN 3, 2004    Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin Bloom              For       For        Management
1.2   Elect  Director Martin Granoff            For       For        Management
1.3   Elect  Director Robert Skinner, Jr.       For       For        Management
1.4   Elect  Director Hal Upbin                 For       For        Management
2     Report on Compliance Standards for Code   Against   Against    Shareholder
      of Conduct


--------------------------------------------------------------------------------

LABOR READY, INC.

Ticker:       LRW            Security ID:  505401208
Meeting Date: JUN 2, 2004    Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Sullivan        For       For        Management
1.2   Elect  Director Carl W. Schafer           For       For        Management
1.3   Elect  Director William W. Steele         For       For        Management
1.4   Elect  Director Joseph P. Sambataro, Jr.  For       For        Management
1.5   Elect  Director Gates McKibbin            For       For        Management
1.6   Elect  Director Thomas E. McChesney       For       For        Management
1.7   Elect  Director Mark R. Beatty            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

LEXICON GENETICS, INC.

Ticker:       LEXG           Security ID:  528872104
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Lefkowitz, M.D. For       For        Management
1.2   Elect  Director Alan S. Nies, M.D.        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MAF BANCORP, INC.

Ticker:       MAFB           Security ID:  55261R108
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Terry A. Ekl              For       For        Management
1.2   Elect  Director Kenneth R. Koranda        For       For        Management
1.3   Elect  Director Thomas R. Perz            For       For        Management
1.4   Elect  Director Lois B. Vasto             For       For        Management
1.5   Elect  Director Jerry A. Weberling        For       For        Management


--------------------------------------------------------------------------------

MANPOWER INC.

Ticker:       MAN            Security ID:  56418H100
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephanie A. Burns        For       For        Management
1.2   Elect  Director Willie D. Davis           For       For        Management
1.3   Elect  Director Jack M. Greenberg         For       For        Management
1.4   Elect  Director Terry A. Hueneke          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MASSEY ENERGY COMPANY

Ticker:       MEE            Security ID:  576206106
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William R. Grant          For       For        Management
1.2   Elect  Director Dan R. Moore              For       For        Management
1.3   Elect  Director Martha R. Seger           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


--------------------------------------------------------------------------------

MASTEC, INC.

Ticker:       MTZ            Security ID:  576323109
Meeting Date: DEC 10, 2003   Meeting Type: Special
Record Date:  NOV 5, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

MDU RESOURCES GROUP, INC.

Ticker:       MDU            Security ID:  552690109
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dennis W. Johnson         For       For        Management
1.2   Elect  Director John L. Olson             For       For        Management
1.3   Elect  Director Martin A. White           For       For        Management
1.4   Elect  Director John K. Wilson            For       For        Management
2     Amend Non-Employee Director Omnibus Stock For       For        Management
      Plan


--------------------------------------------------------------------------------

MEDIA GENERAL, INC.

Ticker:       MEG            Security ID:  584404107
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles A. Davis          For       For        Management
1.2   Elect  Director C. Boyden Gray            For       For        Management
1.3   Elect  Director Walter E. Williams        For       For        Management


--------------------------------------------------------------------------------

MEDIA GENERAL, INC.

Ticker:       MEG            Security ID:  584404107
Meeting Date: MAY 28, 2004   Meeting Type: Special
Record Date:  APR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Director & Officer                  For       For        Management
      Indemnification/Liability Provisions
2     Amend Bylaws Eliminating Personal         For       For        Management
      Liability of Officers and Directors
3     Adopt Amended and Restated Supplemental   For       For        Management
      401(k) Plan


--------------------------------------------------------------------------------

MEDIACOM COMMUNICATIONS CORP.

Ticker:       MCCC           Security ID:  58446K105
Meeting Date: JUN 17, 2004   Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Rocco B. Commisso         For       For        Management
1.2   Elect  Director Craig S. Mitchell         For       For        Management
1.3   Elect  Director William S. Morris III     For       For        Management
1.4   Elect  Director Thomas V. Reifenheiser    For       For        Management
1.5   Elect  Director Natale S. Ricciardi       For       For        Management
1.6   Elect  Director Mark E. Stephan           For       For        Management
1.7   Elect  Director Robert L. Winikoff        For       For        Management
2     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MEDICIS PHARMACEUTICAL CORP.

Ticker:       MRX            Security ID:  584690309
Meeting Date: NOV 19, 2003   Meeting Type: Annual
Record Date:  OCT 10, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arthur G. Altschul, Jr.    For       For        Management
1.2   Elect Director Philip S. Schein, M.D.     For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MEREDITH CORP.

Ticker:       MDP            Security ID:  589433101
Meeting Date: NOV 10, 2003   Meeting Type: Annual
Record Date:  SEP 11, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Herbert M. Baum            For       For        Management
1.2   Elect Director Frederick B. Henry         For       For        Management
1.3   Elect Director William T. Kerr            For       For        Management
1.4   Elect Director Nicholas L. Reding         For       For        Management
2     Amend Director & Officer                  For       For        Management
      Indemnification/Liability Provisions


--------------------------------------------------------------------------------

MINDSPEED TECHNOLOGIES, INC.

Ticker:       MSPD           Security ID:  602682106
Meeting Date: FEB 26, 2004   Meeting Type: Annual
Record Date:  DEC 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Director D.R. Beall       For       For        Management
1.2   Elect  Director Director J.L. Stead       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

MOLINA HEALTHCARE, INC.

Ticker:       MOH            Security ID:  60855R100
Meeting Date: DEC 4, 2003    Meeting Type: Annual
Record Date:  NOV 7, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director George S. Goldstein, Ph.D. For       For        Management
1.2   Elect Director Ronald Lossett, CPA,       For       For        Management
      D.B.A.
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NABORS INDUSTRIES, LTD.

Ticker:       NBR            Security ID:  G6359F103
Meeting Date: JUN 1, 2004    Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James L. Payne            For       For        Management
1.2   Elect  Director Hans W. Schmidt           For       For        Management
2     Ratify Auditors                           For       For        Management
3     SHAREHOLDER PROPOSAL TO CHANGE NABORS     Against   Against    Management
      JURISDICTION OF INCORPORATION FROM
      BERMUDA TO DELAWARE.


--------------------------------------------------------------------------------

NATIONAL-OILWELL, INC.

Ticker:       NOI            Security ID:  637071101
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Roger L. Jarvis           For       For        Management
1.2   Elect  Director Merrill A. Miller, Jr.    For       For        Management
1.3   Elect  Director Frederick W. Pheasey      For       For        Management


--------------------------------------------------------------------------------

NAVIGANT CONSULTING INC.

Ticker:       NCI            Security ID:  63935N107
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Thompson         For       For        Management
1.2   Elect  Director Samuel K. Skinner         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NAVISTAR INTERNATIONAL CORP.

Ticker:       NAV            Security ID:  63934E108
Meeting Date: FEB 17, 2004   Meeting Type: Annual
Record Date:  JAN 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael N. Hammes         For       For        Management
1.2   Elect  Director James H. Keyes            For       For        Management
1.3   Elect  Director Southwood J. Morcott      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

NEIGHBORCARE INC.

Ticker:       NCRX           Security ID:  64015Y104
Meeting Date: JUN 15, 2004   Meeting Type: Annual
Record Date:  APR 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John J. Arlotta           For       Did Not    Management
                                                          Vote
1.2   Elect  Director Robert H. Fish            For       Did Not    Management
                                                          Vote
1.3   Elect  Director Arthur J. Reimers         For       Did Not    Management
                                                          Vote
2     Approve Omnibus Stock Plan                For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

NETWORK APPLIANCE, INC.

Ticker:       NTAP           Security ID:  64120L104
Meeting Date: SEP 2, 2003    Meeting Type: Annual
Record Date:  JUL 7, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Daniel J. Warmenhoven      For       For        Management
1.2   Elect Director Donald T. Valentine        For       For        Management
1.3   Elect Director Sanjiv Ahuja               For       For        Management
1.4   Elect Director Carol A. Bartz             For       For        Management
1.5   Elect Director Michael R. Hallman         For       For        Management
1.6   Elect Director Nicholas G. Moore          For       For        Management
1.7   Elect Director Dr. Sachio Semmoto         For       For        Management
1.8   Elect Director Robert T. Wall             For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Ratify Auditors                           For       For        Management
5     Other Business                            For       For        Management


--------------------------------------------------------------------------------

NEW YORK COMMUNITY BANCORP, INC.

Ticker:       NYB            Security ID:  649445103
Meeting Date: OCT 29, 2003   Meeting Type: Special
Record Date:  SEP 12, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

NEW YORK COMMUNITY BANCORP, INC.

Ticker:       NYB            Security ID:  649445103
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Donald M. Blake           For       For        Management
1.2   Elect  Director Thomas A. Doherty         For       For        Management
1.3   Elect  Director Michael J. Levine         For       For        Management
1.4   Elect  Director Guy V. Molinari           For       For        Management
1.5   Elect  Director John A. Pileski           For       For        Management
1.6   Elect  Director John M. Tsimbinos         For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NEXTEL PARTNERS, INC.

Ticker:       NXTP           Security ID:  65333F107
Meeting Date: MAY 18, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     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 Caroline H. Rapking       For       For        Management
1.6   Elect  Director James N. Perry, Jr.       For       For        Management
1.7   Elect  Director Dennis M. Weibling        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Increase Authorized Common Stock          For       For        Management
5     Permit Board to Amend Bylaws Without      For       Against    Management
      Shareholder Consent


--------------------------------------------------------------------------------

NII HOLDINGS, INC.

Ticker:       NIHD           Security ID:  62913F201
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven P. Dussek          For       For        Management
1.2   Elect  Director Steven M. Shindler        For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Adjourn Meeting                           For       For        Management


--------------------------------------------------------------------------------

NITROMED, INC.

Ticker:       NTMD           Security ID:  654798503
Meeting Date: JUN 14, 2004   Meeting Type: Annual
Record Date:  MAY 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. Karabelas, Ph.D.       For       For        Management
1.2   Elect  Director M.D. Loberg, Ph.D.        For       For        Management
1.3   Elect  Director Robert S. Cohen           For       For        Management
1.4   Elect  Director Zola Horovitz, Ph.D.      For       For        Management
1.5   Elect  Director Mark Leschly              For       For        Management
1.6   Elect  Director John W. Littlechild       For       For        Management
1.7   Elect  Director J. Loscalzo, Md, Ph.D     For       For        Management
1.8   Elect  Director Davey Scoon               For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NOBLE ENERGY, INC.

Ticker:       NBL            Security ID:  655044105
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael A. Cawley         For       For        Management
1.2   Elect  Director Edward F. Cox             For       For        Management
1.3   Elect  Director Charles D. Davidson       For       For        Management
1.4   Elect  Director Kirby L. Hedrick          For       For        Management
1.5   Elect  Director Dale P. Jones             For       For        Management
1.6   Elect  Director Bruce A. Smith            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

NORDSON CORP.

Ticker:       NDSN           Security ID:  655663102
Meeting Date: MAR 11, 2004   Meeting Type: Annual
Record Date:  JAN 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William D. Ginn           For       For        Management
1.2   Elect  Director Stephen R. Hardis         For       For        Management
1.3   Elect  Director William L. Robinson       For       For        Management
1.4   Elect  Director Benedict P. Rosen         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

NOVA CHEMICALS CORP. (FORMERLY NOVA CORP.)

Ticker:       NCX.           Security ID:  66977W109
Meeting Date: APR 14, 2004   Meeting Type: Annual/Special
Record Date:  MAR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J.A. Blumberg             For       For        Management
1.2   Elect  Director F.P. Boer                 For       For        Management
1.3   Elect  Director J. Bougie                 For       For        Management
1.4   Elect  Director J.V. Creighton            For       For        Management
1.5   Elect  Director R.E. Dineen, Jr.          For       For        Management
1.6   Elect  Director L.Y. Fortier              For       For        Management
1.7   Elect  Director K.L. Hawkins              For       For        Management
1.8   Elect  Director J.M. Lipton               For       For        Management
1.9   Elect  Director A.M. Ludwick              For       For        Management
1.10  Elect  Director J.E. Newall               For       For        Management
1.11  Elect  Director J.G. Rennie               For       For        Management
1.12  Elect  Director J.M. Stanford             For       For        Management
2     Approve Auditors and Authorize Board to   For       For        Management
      Fix Remuneration of Auditors
3     Approve Continuation of Company Under     For       For        Management
      Canadian Business Corporation Act
4     Adopt New By-Laws                         For       For        Management


--------------------------------------------------------------------------------

NPS PHARMACEUTICALS, INC.

Ticker:       NPSP           Security ID:  62936P103
Meeting Date: AUG 21, 2003   Meeting Type: Annual
Record Date:  JUL 21, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Santo J. Costa, J.D.       For       For        Management
1.2   Elect Director John R. Evans, M.D.        For       For        Management
1.3   Elect Director James G. Groninger         For       For        Management
1.4   Elect Director Hunter Jackson, Ph.D.      For       For        Management
1.5   Elect Director Joseph Klein, III          For       For        Management
1.6   Elect Director Donald E. Kuhla, Ph.D.     For       For        Management
1.7   Elect Director Thomas N. Parks, Ph.D.     For       For        Management
1.8   Elect Director Calvin R. Stiller, M.D.    For       For        Management
1.9   Elect Director Peter G. Tombros           For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Stock Option Plan                   For       For        Management
4     Amend Employee Stock Purchase Plan        For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

NUVELO, INC.

Ticker:       NUVO           Security ID:  67072M301
Meeting Date: MAY 6, 2004    Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark L. Perry             For       For        Management
1.2   Elect  Director Barry L. Zubrow           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OFFICEMAX, INC.

Ticker:       OMX            Security ID:  67622M108
Meeting Date: DEC 9, 2003    Meeting Type: Special
Record Date:  NOV 3, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

OLIN CORP.

Ticker:       OLN            Security ID:  680665205
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael Coleman           For       For        Management
1.2   Elect  Director Donald W. Griffin         For       For        Management
1.3   Elect  Director Randall W. Larrimore      For       For        Management
1.4   Elect  Director Anthony W. Ruggiero       For       For        Management
1.5   Elect  Director Philip J. Schulz          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

OVERNITE CORP.

Ticker:       OVNT           Security ID:  690322102
Meeting Date: JUN 24, 2004   Meeting Type: Annual
Record Date:  APR 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Thomas N. Allen           For       For        Management
1.2   Elect  Director Thomas J. Donohue, Jr.    For       For        Management
1.3   Elect  Director Charles H. Foster, Jr.    For       For        Management
1.4   Elect  Director Patrick D. Hanley         For       For        Management
1.5   Elect  Director Michael D. Jordan         For       For        Management
1.6   Elect  Director Harold D. Marshall        For       For        Management
1.7   Elect  Director George J. Matkov, Jr.     For       For        Management
1.8   Elect  Director Leo H. Suggs              For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PALL CORP.

Ticker:       PLL            Security ID:  696429307
Meeting Date: NOV 19, 2003   Meeting Type: Annual
Record Date:  OCT 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Daniel J. Carroll, Jr.     For       Did Not    Management
                                                          Vote
1.2   Elect Director Eric Krasnoff              For       Did Not    Management
                                                          Vote
1.3   Elect Director Dr. Edward L. Snyder       For       Did Not    Management
                                                          Vote
1.4   Elect Director Dr. James D. Watson        For       Did Not    Management
                                                          Vote
1.5   Elect Director Marcus Wilson              For       Did Not    Management
                                                          Vote
2     Approve Executive Incentive Bonus Plan    For       Did Not    Management
                                                          Vote
3     Amend Restricted Stock Plan               For       Did Not    Management
                                                          Vote
4     Amend Employee Stock Purchase Plan        For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

PARKER-HANNIFIN CORP.

Ticker:       PH             Security ID:  701094104
Meeting Date: OCT 22, 2003   Meeting Type: Annual
Record Date:  AUG 29, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Duane E. Collins           For       For        Management
1.2   Elect Director Robert J. Kohlhepp         For       For        Management
1.3   Elect Director Giulio Mazzalupi           For       For        Management
1.4   Elect Director Klaus-Peter Muller         For       For        Management
1.5   Elect Director Allan L. Rayfield          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management


--------------------------------------------------------------------------------

PENN NATIONAL GAMING, INC.

Ticker:       PENN           Security ID:  707569109
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  APR 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert P. Levy            For       For        Management
1.2   Elect  Director Barbara Z. Shattuck       For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PEPCO HOLDINGS, INC.

Ticker:       POM            Security ID:  713291102
Meeting Date: MAY 21, 2004   Meeting Type: Annual
Record Date:  MAR 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jack B. Dunn, IV          For       For        Management
1.2   Elect  Director Richard B. McGlynn        For       For        Management
1.3   Elect  Director Peter F. O'Malley         For       For        Management
1.4   Elect  Director Frank K. Ross             For       For        Management
1.5   Elect  Director William T. Torgerson      For       For        Management
2     Declassify the Board of Directors         Against   Against    Shareholder


--------------------------------------------------------------------------------

PERFORMANCE FOOD GROUP CO.

Ticker:       PFGC           Security ID:  713755106
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mary C. Doswell           For       For        Management
1.2   Elect  Director Fred C. Goad, Jr.         For       For        Management
1.3   Elect  Director Robert C. Sledd           For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management


--------------------------------------------------------------------------------

PHELPS DODGE CORP.

Ticker:       PD             Security ID:  717265102
Meeting Date: MAY 28, 2004   Meeting Type: Annual
Record Date:  APR 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Marie L. Knowles          For       For        Management
1.2   Elect  Director Jon C. Madonna            For       For        Management
1.3   Elect  Director Gordon R. Parker          For       For        Management
1.4   Elect  Director Robert D. Johnson         For       For        Management
2     Cease Charitable Contributions            Against   Against    Shareholder


--------------------------------------------------------------------------------

PINNACLE ENTERTAINMENT, INC.

Ticker:       PNK            Security ID:  723456109
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel R. Lee             For       For        Management
1.2   Elect  Director John V. Giovenco          For       For        Management
1.3   Elect  Director Richard J. Goeglein       For       For        Management
1.4   Elect  Director Bruce A. Leslie           For       For        Management
1.5   Elect  Director James L. Martineau        For       For        Management
1.6   Elect  Director Michael Ornest            For       For        Management
1.7   Elect  Director Timothy J. Parrott        For       For        Management
1.8   Elect  Director Lynn P. Reitnouer         For       For        Management


--------------------------------------------------------------------------------

PIONEER NATURAL RESOURCES CO.

Ticker:       PXD            Security ID:  723787107
Meeting Date: MAY 13, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Hartwell Gardner       For       For        Management
1.2   Elect  Director James L. Houghton         For       For        Management
1.3   Elect  Director Linda K. Lawson           For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PITNEY BOWES INC.

Ticker:       PBI            Security ID:  724479100
Meeting Date: MAY 10, 2004   Meeting Type: Annual
Record Date:  MAR 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Linda G. Alvarado         For       For        Management
1.2   Elect  Director Ernie Green               For       For        Management
1.3   Elect  Director John S. McFarlane         For       For        Management
1.4   Elect  Director Eduardo R. Menasce        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Political                       Against   Against    Shareholder
      Contributions/Activities


--------------------------------------------------------------------------------

PLATINUM UNDERWRITERS HOLDINGS LTD

Ticker:       PTP            Security ID:  G7127P100
Meeting Date: SEP 17, 2003   Meeting Type: Annual
Record Date:  AUG 1, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect H. Baldwin, J. Bank, D. Carmichael, For       For        Management
      N. Currie, J. Fishman, G. Morrison, S.
      Newman, and P. Pruitt as Directors
2a    Elect G. Morrison as Director of Platinum For       For        Management
      Underwriters Bermuda, Ltd.
2b    Elect M. Price as Director of Platinum    For       For        Management
      Underwriters Bermuda, Ltd.
2c    Elect W. Robble as Director of Platinum   For       For        Management
      Underwriters Bermuda, Ltd.
3a    Elect G. Morrison as Director of Platinum For       For        Management
      Re (UK) Ltd.
3b    Elect C. Pettengell as Director of        For       For        Management
      Platinum Re (UK) Ltd.
3c    Elect R. Porter as Director of Platinum   For       For        Management
      Re (UK) Ltd.
4     Approve Section 162(m) Performance        For       For        Management
      Incentive Plan
5     Ratify KPMG as Auditors                   For       For        Management


--------------------------------------------------------------------------------

PMC-SIERRA, INC.

Ticker:       PMCS           Security ID:  69344F106
Meeting Date: MAY 14, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert Bailey             For       For        Management
1.2   Elect  Director Alexandre Balkanski       For       For        Management
1.3   Elect  Director Richard Belluzzo          For       For        Management
1.4   Elect  Director James Diller              For       For        Management
1.5   Elect  Director Jonathan Judge            For       For        Management
1.6   Elect  Director William Kurtz             For       For        Management
1.7   Elect  Director Frank Marshall            For       For        Management
1.8   Elect  Director Lewis Wilks               For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

PMI GROUP, INC., THE

Ticker:       PMI            Security ID:  69344M101
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mariann Byerwalter        For       For        Management
1.2   Elect  Director James C. Castle           For       For        Management
1.3   Elect  Director Carmine Guerro            For       For        Management
1.4   Elect  Director W. Roger Haughton         For       For        Management
1.5   Elect  Director Wayne E. Hedien           For       For        Management
1.6   Elect  Director Louis G. Lower II         For       For        Management
1.7   Elect  Director Raymond L. Ocampo Jr.     For       For        Management
1.8   Elect  Director John D. Roach             For       For        Management
1.9   Elect  Director Kenneth T. Rosen          For       For        Management
1.10  Elect  Director Steven L. Scheid          For       For        Management
1.11  Elect  Director L. Stephen Smith          For       For        Management
1.12  Elect  Director Richard L. Thomas         For       For        Management
1.13  Elect  Director Mary Lee Widener          For       For        Management
1.14  Elect  Director Ronald H. Zech            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Deferred Compensation Plan        For       For        Management
5     Approve Executive Incentive Bonus Plan    For       For        Management


--------------------------------------------------------------------------------

POLO RALPH LAUREN CORP.

Ticker:       RL             Security ID:  731572103
Meeting Date: AUG 14, 2003   Meeting Type: Annual
Record Date:  JUN 19, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arnold H. Aronson as Class For       For        Management
      A Director
1.2   Elect Director Dr. Joyce F. Brown as      For       For        Management
      Class A Director
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

POWERWAVE TECHNOLOGIES, INC.

Ticker:       PWAV           Security ID:  739363109
Meeting Date: APR 27, 2004   Meeting Type: Special
Record Date:  MAR 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Board to Issue Shares in the    For       For        Management
      Event of a Public Tender Offer or Share
      Exchange Offer
2     Increase Authorized Common Stock          For       For        Management


--------------------------------------------------------------------------------

PPL CORP.

Ticker:       PPL            Security ID:  69351T106
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William F. Hecht          For       For        Management
1.2   Elect  Director Stuart Heydt              For       For        Management
1.3   Elect  Director W. Keith Smith            For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

RALCORP HOLDINGS, INC.

Ticker:       RAH            Security ID:  751028101
Meeting Date: FEB 5, 2004    Meeting Type: Annual
Record Date:  NOV 28, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard A. Liddy           For       For        Management
1.2   Elect Director William P. Stiritz         For       For        Management


--------------------------------------------------------------------------------

ROCKWELL AUTOMATION INC

Ticker:       ROK            Security ID:  773903109
Meeting Date: FEB 4, 2004    Meeting Type: Annual
Record Date:  DEC 8, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
A.1   Elect Director Don H. Davis, Jr.          For       For        Management
A.2   Elect Director William H. Gray, III       For       For        Management
A.3   Elect Director William T. McCormick, Jr.  For       For        Management
A.4   Elect Director Keith D. Nosbusch          For       For        Management
B     Ratify Auditors                           For       For        Management
C     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

ROWAN COMPANIES, INC.

Ticker:       RDC            Security ID:  779382100
Meeting Date: APR 23, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William T. Fox III        For       Did Not    Management
                                                          Vote
1.2   Elect  Director Sir Graham Hearne         For       Did Not    Management
                                                          Vote
1.3   Elect  Director H. E. Lentz               For       Did Not    Management
                                                          Vote
1.4   Elect  Director P. Dexter Peacock         For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

RSA SECURITY INC.

Ticker:       RSAS           Security ID:  749719100
Meeting Date: MAY 27, 2004   Meeting Type: Annual
Record Date:  APR 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gloria C. Larson          For       For        Management
1.2   Elect  Director Joseph B. Lassiter, III   For       For        Management
1.3   Elect  Director Charles R. Stuckey, Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SCOTTISH RE GROUP LTD

Ticker:       SCT            Security ID:  G7885T104
Meeting Date: AUG 28, 2003   Meeting Type: Special
Record Date:  JUL 25, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to Scottish Re Group  For       For        Management
      Limited
2     Amend Bylaws Re:  Change of Company Name  For       For        Management
3     Other Business (Voting)                   For       For        Management


--------------------------------------------------------------------------------

SEMPRA ENERGY

Ticker:       SRE            Security ID:  816851109
Meeting Date: MAY 4, 2004    Meeting Type: Annual
Record Date:  MAR 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephen L. Baum           For       For        Management
1.2   Elect  Director Wilford D. Godbold, Jr.   For       For        Management
1.3   Elect  Director Richard G. Newman         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   Against    Shareholder
5     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote
6     Prohibit Auditor from Providing Non-Audit Against   Against    Shareholder
      Services
7     Separate Chairman and CEO Positions       Against   For        Shareholder


--------------------------------------------------------------------------------

SHIRE PHARMACEUTICALS GROUP PLC

Ticker:                      Security ID:  82481R106
Meeting Date: JUN 16, 2004   Meeting Type: Annual
Record Date:  MAY 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE AND CONSIDER THE DIRECTORS     For       For        Management
      REPORT AND ACCOUNTS FOR THE YEAR ENDED
      DECEMBER 31, 2003.
2     TO RE-ELECT DR JAMES HENRY CAVANAUGH AS A For       For        Management
      DIRECTOR.
3     TO RE-ELECT DR BARRY JOHN PRICE AS A      For       For        Management
      DIRECTOR.
4     TO ELECT MR ROBIN WILLIAM TURNBULL        For       For        Management
      BUCHANAN AS A DIRECTOR.
5     TO ELECT MR DAVID JOHN KAPPLER AS A       For       For        Management
      DIRECTOR.
6     Ratify Auditors                           For       For        Management
7     TO APPROVE THE DIRECTORS  REMUNERATION    For       For        Management
      REPORT.
8     TO AUTHORIZE THE ALLOTMENT OF SHARES.     For       For        Management
9     TO AUTHORIZE THE DISAPPLICATION OF        For       For        Management
      PRE-EMPTION RIGHTS.
10    TO AUTHORIZE MARKET PURCHASES.            For       For        Management
11    TO AUTHORIZE DONATIONS TO EU POLITICAL    For       For        Management
      ORGANIZATIONS AND EU POLITICAL
      EXPENDITURE.


--------------------------------------------------------------------------------

SIGMATEL INC.

Ticker:       SGTL           Security ID:  82661W107
Meeting Date: APR 21, 2004   Meeting Type: Annual
Record Date:  MAR 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald P. Edgerton        For       For        Management
1.2   Elect  Director William P. Osborne        For       For        Management
2     Elect Director Robert T. Derby            For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SILICON STORAGE TECHNOLOGY, INC.

Ticker:       SSTI           Security ID:  827057100
Meeting Date: JUN 4, 2004    Meeting Type: Annual
Record Date:  APR 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bing Yeh                  For       For        Management
1.2   Elect  Director Yaw Wen Hu                For       For        Management
1.3   Elect  Director Tsuyoshi Taira            For       For        Management
1.4   Elect  Director Yasushi Chikagami         For       For        Management
1.5   Elect  Director Ronald Chwang             For       For        Management
2     Approve Increase in Size of Board         For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

SMURFIT - STONE CONTAINER CORP.

Ticker:       SSCC           Security ID:  832727101
Meeting Date: MAY 12, 2004   Meeting Type: Annual
Record Date:  MAR 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James R. Boris            For       For        Management
1.2   Elect  Director Alan E. Goldberg          For       For        Management
1.3   Elect  Director William T. Lynch, Jr.     For       For        Management
1.4   Elect  Director Patrick J. Moore          For       For        Management
1.5   Elect  Director James J. O'Connor         For       For        Management
1.6   Elect  Director Jerry K. Pearlman         For       For        Management
1.7   Elect  Director Thomas A. Reynolds, III   For       For        Management
1.8   Elect  Director William D. Smithburg      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Deferred Compensation Plan        For       For        Management
5     Submit Executive Compensation to Vote     Against   Against    Shareholder


--------------------------------------------------------------------------------

SPRINT CORP.

Ticker:       FON            Security ID:  852061506
Meeting Date: APR 20, 2004   Meeting Type: Annual
Record Date:  FEB 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gordon M. Bethune         For       For        Management
1.2   Elect  Director E. Linn Draper, Jr.       For       For        Management
1.3   Elect  Director Deborah A. Henretta       For       For        Management
1.4   Elect  Director Linda Koch Lorimer        For       For        Management
2     Ratify Auditors                           For       For        Management
3     Performance- Based/Indexed Options        Against   For        Shareholder
4     Limit Executive Compensation              Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Report on Foreign Outsourcing             Against   Against    Shareholder


--------------------------------------------------------------------------------

STATION CASINOS, INC.

Ticker:       STN            Security ID:  857689103
Meeting Date: MAY 19, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lorenzo J. Fertitta       For       For        Management
1.2   Elect  Director Blake L. Sartini          For       For        Management
1.3   Elect  Director James E. Nave, D.V.M.     For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


--------------------------------------------------------------------------------

SYCAMORE NETWORKS, INC.

Ticker:       SCMR           Security ID:  871206108
Meeting Date: DEC 18, 2003   Meeting Type: Annual
Record Date:  OCT 22, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Timothy A. Barrows         For       For        Management
1.2   Elect Director John W. Gerdelman          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

T. ROWE PRICE GROUP, INC.

Ticker:       TROW           Security ID:  74144T108
Meeting Date: APR 8, 2004    Meeting Type: Annual
Record Date:  FEB 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Edward C. Bernard         For       For        Management
1.2   Elect  Director James T. Brady            For       For        Management
1.3   Elect  Director D. William J. Garrett     For       For        Management
1.4   Elect  Director Donald B. Hebb, Jr.       For       For        Management
1.5   Elect  Director James A.C. Kennedy        For       For        Management
1.6   Elect  Director James S. Riepe            For       For        Management
1.7   Elect  Director George A. Roche           For       For        Management
1.8   Elect  Director Brian C. Rogers           For       For        Management
1.9   Elect  Director Dr. Alfred Sommer         For       For        Management
1.10  Elect  Director Dwight S. Taylor          For       For        Management
1.11  Elect  Director Anne Marie Whittemore     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Other Business                            For       For        Management


--------------------------------------------------------------------------------

TCF FINANCIAL CORP.

Ticker:       TCB            Security ID:  872275102
Meeting Date: APR 28, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Luella G. Goldberg        For       For        Management
1.2   Elect  Director George G. Johnson         For       For        Management
1.3   Elect  Director Lynn A. Nagorske          For       For        Management
1.4   Elect  Director Ralph Strangis            For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management
5     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

TIDEWATER INC.

Ticker:       TDW            Security ID:  886423102
Meeting Date: JUL 31, 2003   Meeting Type: Annual
Record Date:  JUN 2, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arthur R. Carlson          For       Did Not    Management
                                                          Vote
1.2   Elect Director Jon C. Madonna             For       Did Not    Management
                                                          Vote
1.3   Elect Director William C. O'Malley        For       Did Not    Management
                                                          Vote


--------------------------------------------------------------------------------

TRINITY INDUSTRIES, INC.

Ticker:       TRN            Security ID:  896522109
Meeting Date: MAY 10, 2004   Meeting Type: Annual
Record Date:  MAR 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director David W. Biegler          For       For        Management
1.2   Elect  Director Craig J. Duchossois       For       For        Management
1.3   Elect  Director Ronald J. Gafford         For       For        Management
1.4   Elect  Director Barry J. Galt             For       For        Management
1.5   Elect  Director Clifford J. Grum          For       For        Management
1.6   Elect  Director Jess T. Hay               For       For        Management
1.7   Elect  Director Diana S. Natalicio        For       For        Management
1.8   Elect  Director Timothy R. Wallace        For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

UNITED STATES STEEL CORP.

Ticker:       X              Security ID:  912909108
Meeting Date: APR 27, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Darnall         For       For        Management
1.2   Elect  Director Roy G. Dorrance           For       For        Management
1.3   Elect  Director Charles R. Lee            For       For        Management
1.4   Elect  Director John G. Drosdick          For       For        Management
2     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

UNITEDGLOBAL.COM INC

Ticker:       UCOMA          Security ID:  913247508
Meeting Date: FEB 11, 2004   Meeting Type: Special
Record Date:  JAN 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Stock Option Plan                   For       For        Management


--------------------------------------------------------------------------------

UNITEDGLOBAL.COM INC

Ticker:       UCOMA          Security ID:  913247508
Meeting Date: DEC 17, 2003   Meeting Type: Special
Record Date:  NOV 14, 2003

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Amend Omnibus Stock Plan                  For       For        Management


--------------------------------------------------------------------------------

VALERO ENERGY CORP.

Ticker:       VLO            Security ID:  91913Y100
Meeting Date: APR 29, 2004   Meeting Type: Annual
Record Date:  MAR 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director E. Glenn Biggs            For       For        Management
1.2   Elect  Director Ruben M. Escobedo         For       For        Management
1.3   Elect  Director Bob Marbut                For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Greenhouse Gas Emissions        Against   Against    Shareholder


--------------------------------------------------------------------------------

WASTE CONNECTIONS, INC.

Ticker:       WCN            Security ID:  941053100
Meeting Date: MAY 26, 2004   Meeting Type: Annual
Record Date:  MAR 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ronald J. Mittelstaedt    For       For        Management
2     Increase Authorized Common Stock and      For       For        Management
      Eliminate Class of Preferred Stock
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


--------------------------------------------------------------------------------

WEBSTER FINANCIAL CORP.

Ticker:       WBS            Security ID:  947890109
Meeting Date: APR 22, 2004   Meeting Type: Annual
Record Date:  FEB 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joel S. Becker            For       For        Management
1.2   Elect  Director William T. Bromage        For       For        Management
1.3   Elect  Director James C. Smith            For       For        Management
2     Ratify Auditors                           For       For        Management




================ BLACKROCK U.S. TREASURY MONEY MARKET PORTFOLIO ================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


=================== BLACKROCK ULTRASHORT MUNICIPAL PORTFOLIO ===================

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.


============= BLACKROCK VIRGINIA MUNICIPAL MONEY MARKET PORTFOLIO ==============

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.

============= BLACKROCK STRATEGIC PORTFOLIO I ==============

ITEM 1 PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at
any shareholder meeting held during the period ended June 30, 2004 with
respect to which the registrant was entitled to vote.
</PRE>

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.

BlackRock Funds

By	/s/ Larry Fink
	Larry Fink, Principal Executive Officer

Date August 25, 2004