-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, I2NQyqIPh8N4HScFywKHuQZEj+50HJsLaGFzUruleVB83KsBTncjWwO8aYHj4TWN HNd5cXMVDR2dL20rTwtTOA== 0000891804-04-001847.txt : 20040825 0000891804-04-001847.hdr.sgml : 20040825 20040825100219 ACCESSION NUMBER: 0000891804-04-001847 CONFORMED SUBMISSION TYPE: N-PX PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040630 FILED AS OF DATE: 20040825 DATE AS OF CHANGE: 20040825 EFFECTIVENESS DATE: 20040825 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST ISRAEL FUND INC CENTRAL INDEX KEY: 0000865277 IRS NUMBER: 061302759 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: N-PX SEC ACT: 1940 Act SEC FILE NUMBER: 811-06120 FILM NUMBER: 04995474 BUSINESS ADDRESS: STREET 1: C/O CREDIT SUISSE ASSET MGMT, LLC STREET 2: 466 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128753500 MAIL ADDRESS: STREET 1: CREDIT SUISSE ASSET MGMT, LLC STREET 2: 466 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: ISRAEL CAPITAL FUND INC DATE OF NAME CHANGE: 19900826 N-PX 1 cs32395body.txt THE FIRST ISRAEL FUND, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number: 811-6120 The First Israel Fund, Inc. - ------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) c/o Credit Suisse Asset Management, LLC 466 Lexington Avenue New York, New York 10017 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Hal Liebes, Esq. 466 Lexington Avenue New York, New York 10017 - ------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (212) 875-3500 Date of fiscal year end: 09/30 Date of reporting period: July 1, 2003 - June 30, 2004 ITEM 1. PROXY VOTING RECORD THE FIRST ISRAEL FUND, INC. =========================== FIRST ISRAEL FUND, INC. ============================ AGIS INDUSTRIES LTD. Ticker: Security ID: M0229E100 Meeting Date: JUL 15, 2003 Meeting Type: Annual Record Date: JUN 8, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Receive and Discuss Financial Statements None None Management and Directors' Report for the Year Ended December 31, 2002 2 Appoint Members of the Board of Directors For For Management 3 Approve Remuneration of Non-employee For For Management Directors 4 Approve Auditors and Authorize Board to For For Management Determine Their Remuneration - -------------------------------------------------------------------------------- AGIS INDUSTRIES LTD. Ticker: Security ID: M0229E100 Meeting Date: MAR 10, 2004 Meeting Type: Special Record Date: MAR 3, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Increase Annual Compensation of Director For For Management and CEO Raphael Lebel, Amend Process for Calculating Bonus, and Extend Contract Until Dec. 31, 2006 - -------------------------------------------------------------------------------- ALADDIN KNOWLEDGE SYSTEMS Ticker: ALDN Security ID: M0392N101 Meeting Date: DEC 16, 2003 Meeting Type: Annual Record Date: NOV 7, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Y. Margalit, D. Margalit, and D. For For Management Assia as Directors 2 Ratify Y. Margalit as CEO of the Company For For Management for the Upcoming Three Years 3 Reelect M. Gutterman as an Outside For For Management Director 4 Approve Compensation of Directors For Against Management 5 Ratify an Option Grant to EVP and For Against Management Director D. Margalit 6 Approve the Worldwide 2003 Share Option For Against Management Plan 7 Ammend and Replace the Company's Articles For Against Management of Association 8 Approve Director/Officer Indemnification For Against Management Agreements 9 Approve Kost, Forer & Gabbay as Auditors For For Management and Authorize Board to Fix Their Remuneration 10 Indicate Here if you have a Personal None None Management Interest in Proposal No. 5 11 Indicate Here if you have a Personal None None Management Interest in Proposal No. 7 12 Indicate Here if you have a Personal None None Management Interest in Proposal No. 8 - -------------------------------------------------------------------------------- ALVARION LTD. (FORMERLY BREEZECOM LTD) Ticker: Security ID: M0861T100 Meeting Date: SEP 30, 2003 Meeting Type: Annual Record Date: AUG 27, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Articles Re: Set Maximum Board Size For Against Management at Ten, Classify Board, Set Majority Required for Removal of Directors at 75 Percent, and Set Majority Required to Amend the Articles Amended by this Amendment at 75 Percent 2 Provided Item 1 Is Approved, Reelect For For Management Directors to Three Seperate Classes, to Serve Terms of One, Two, and Three Years; If Item 1 is not Approved, Reelect Directors to a One Year Term 3 Elect R. Amit as Director, and Grant Amit For For Management Options to Purchase 40,000 Ordinary Shares 4 Approve 2003 Bonus Plan Objectives for For For Management director and CEO Z. Slonimsky 5 Approve Grant of Options to Purchase For Against Management 300,000 Shares to director and VP A. Maher 6 Approve Grant of Options to Purchase For Against Management 20,000 Shares to director and A. Yacoby 7 Approve Grant of Options to Purchase For Against Management 40,000 Shares to director Candidate O. Eran if Elected 8 Approve Kost Forer & Gabbay as Auditors For For Management and Authorize Board to Fix Their Remuneration - -------------------------------------------------------------------------------- AMPAL-AMERICAN ISRAEL CORP. Ticker: AMPL Security ID: 032015109 Meeting Date: SEP 16, 2003 Meeting Type: Annual Record Date: JUL 28, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Yosef A. Maiman For For Management 1.2 Elect Director Leo Malamud For For Management 1.3 Elect Director Michael Arnon For Withhold Management 1.4 Elect Director E. Haber For For Management 1.5 Elect Director Jack Bigio For Withhold Management 1.6 Elect Director Joseph Yerushalmi For For Management 1.7 Elect Director Yehuda Karni For For Management 2 Ratify Auditors For For Management - -------------------------------------------------------------------------------- AUDIOCODES LTD Ticker: Security ID: M15342104 Meeting Date: OCT 29, 2003 Meeting Type: Annual Record Date: SEP 23, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Shabati Adlersberg as a Director For For Management 2 Authorize Chairman of the Board to For For Management Continue Serving as President and CEO for a Three Year Term 3 Approve Stock Option Grant to Shabtai For Against Management Aldersberg 4 Elect Joseph Tenne as a Director to Serve For For Management Until 2005 AGM 5 Approve Stock Option Grant to Joseph For Against Management Tenne, a Non-employee Director 6 Elect Doron Nevo as an Independent For For Management Director to Serve for a Three Year Term 7 Approve Auditors and Authorize Board to For For Management Fix Their Remuneration 8 Approve Stock Option Grants to For Against Management Non-Employee Directors 9 Approve Director andOfficer For Against Management Indemnification Provisions - -------------------------------------------------------------------------------- BANK HAPOALIM B.M. Ticker: Security ID: M1586M115 Meeting Date: SEP 30, 2003 Meeting Type: Annual Record Date: SEP 23, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Discuss Financial Statements and For For Management Statutory Reports (Voting) 2a Approve Terms of Tenure of Directors For Against Management 2b Approve Terms of Tenure of Board Chairman For Against Management 3a Approve Auditors and Authorize Board to For For Management Fix Their Remuneration 3b Report on Auditors' Remuneration For For Management 4 Renew Director/Officer Liability and For Against Management Indemnification Insurance - -------------------------------------------------------------------------------- BANK HAPOALIM B.M. Ticker: Security ID: M1586M115 Meeting Date: NOV 17, 2003 Meeting Type: Special Record Date: NOV 10, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement with Mishkan, a For For Management Wholly-Owned Subsidiary of the Company - -------------------------------------------------------------------------------- BANK LEUMI LE-ISRAEL Ticker: Security ID: M16043107 Meeting Date: JUN 28, 2004 Meeting Type: Annual Record Date: JUN 14, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Approve Final Dividend for 2003 For For Management 3a Reelect Eitan Raff as Director For For Management 3b Reelect Chaim Yaron as Director For For Management 3c Reelect Vered Raichman as Director For For Management 4a Elect Moshe Vidman as Director For For Management 4b Elect Shlomo Yanai as Director For For Management 5 Approve Compensation of Directors For For Management 6 Reelect Somekh Chaikin and Kost Forer For For Management Gabbay & Kasierer as Auditors and Authorize Board to Fix Their Remuneration 7 Approve Resolutions Concerning Approval For Against Management of Holding Positions and Disclosure by Officers - -------------------------------------------------------------------------------- BANK LEUMI LE-ISRAEL Ticker: Security ID: M16043107 Meeting Date: JUL 24, 2003 Meeting Type: Annual Record Date: JUL 14, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Receive and Discuss Financial Statements For For Management and Statutory Reports for the Year Ending December 31, 2002 (Voting) 2 Refrain from Distrubution of Final For For Management Dividend 3 Elect Meir Dayan as External Director For For Management 4a Re-elect Barouch Bahat as Director For For Management 4b Re-elect Renana Gutman as Director For For Management 4c Re-elect Rena Shashua-Hasson as Director For For Management 5a Elect Yaakov Goldman as Director For For Management 5b Elect Nurit Segal as Director For For Management 6 Approve Remuneration of Directors and For For Management External Directors in the Amount of NIS 1,785 ($417) Per Meeting and NIS 46,536 ($10,872) Per Year 7 Approve Luboshitz Kasierer and Somekh For For Management Chaikin as Auditors and Authorize Board to Fix Their Remuneration 8 Approve Resolutions Concerning Approval For Against Management of Holding Positions and Disclosures by Officers, According to Text Presented to the General Meeting - -------------------------------------------------------------------------------- BANK LEUMI LE-ISRAEL Ticker: Security ID: M16043107 Meeting Date: FEB 15, 2004 Meeting Type: Special Record Date: FEB 5, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Dividend of NIS 0.225 Per Share For For Management on February 18, 2004 2 Approve Exemption for the Directors of For Against Management the Bank 3 Approve Director/Officer Indemnification For Against Management Agreements 4 Approve Director/Officer Liability and For Against Management Indemnification Insurance, with Cover of an Amount up to $200 Million 5 Approve Amendment to Employment Agreement For For Management of the Board Chairman - -------------------------------------------------------------------------------- BEZEQ THE ISRAELI TELECOM CORP Ticker: Security ID: M2012Q100 Meeting Date: AUG 6, 2003 Meeting Type: Special Record Date: JUN 24, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Approval of the Company's Contracting For For Management with the Government of Israel 2 Approve Compensation of Adv. Miriam For Against Management Mazar, Chairperson of the Board of Directors - -------------------------------------------------------------------------------- BEZEQ THE ISRAELI TELECOM CORP Ticker: Security ID: M2012Q100 Meeting Date: SEP 25, 2003 Meeting Type: Annual Record Date: SEP 15, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Approve Somekh Chaikin as Auditors and For For Management Authorize Board to Fix Their Remuneration 3 Reelect Y. Aridor, A. Assad, A. Barak, D. For For Management Braun, I. Dissentshik, B. Kaye, S. Levi, S. Lifshitz, M. Mazar, R. Kremmerman-Meridor, R. Nomkin, M. Perry, H. Shecter, A. Shloss, B. Vaknin, and S. Weinshal as Directors 4 Approve Increase in Registered Capital by For For Management 250 Million Shares of a Par Value of NIS 1 Each - -------------------------------------------------------------------------------- BEZEQ THE ISRAELI TELECOM CORP Ticker: Security ID: M2012Q100 Meeting Date: MAY 13, 2004 Meeting Type: Special Record Date: MAY 6, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Director/Officer Indemnification For Against Management Agreements 2 Approve Bonus for Board Chairman of NIS For For Management 49,385 ($11,206) 3 Authorize Allocation of Shares and/or For For Management Convertible Securities up to Company's Registered Capital for an Issue According to a Prospectus to Be Published in May, 2004 - -------------------------------------------------------------------------------- BEZEQ THE ISRAELI TELECOM CORP Ticker: Security ID: M2012Q100 Meeting Date: DEC 8, 2003 Meeting Type: Special Record Date: NOV 26, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Replacement of the Existing Certificate For Against Management of Incorporation and Amendments to the Company's Memorandum. 2 Approve Director/Officer Indemnification For Against Management - -------------------------------------------------------------------------------- BEZEQ THE ISRAELI TELECOM CORP Ticker: Security ID: M2012Q100 Meeting Date: JAN 26, 2004 Meeting Type: Special Record Date: AUG 1, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Appoint Blanshe Key and Ygal Cohen-Orgad For For Management as External Directors 2 Appoint Directors For For Management - -------------------------------------------------------------------------------- CAMTEK LTD Ticker: CAMT Security ID: M20791105 Meeting Date: JUL 24, 2003 Meeting Type: Annual Record Date: JUL 1, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Statements and None Did Not Management Statutory Reports Vote 2 Reelect R. Amit, Y. Stern, and E. Bendoly For Did Not Management as Directors Vote 3 Reelect M. Ben-Shoshan and H. Horowitz as For Did Not Management Outside Directors Vote 4 Authorize Chairman to Serve as General For Did Not Management Manager of the Company Vote 5 Appoint Goldstein Sabo Tevet CPA and For Did Not Management Deloitte & Touche as Joint Auditors Vote - -------------------------------------------------------------------------------- CAMTEK LTD Ticker: CAMT Security ID: M20791105 Meeting Date: OCT 28, 2003 Meeting Type: Special Record Date: SEP 28, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Grant of Options to Purchase For Against Management 410,200 Ordinary Shares to Certain Employees and Directors, Including Option Grants for 2,400 Ordinary Shares to Each of Directors H. Horowitz, M. Ben-Shoshan, and E. Bendoly 2 Approve Grant of Options to Purchase For Against Management 55,000 Ordinary Shares to Chairman and CEO R. Amit, and an Option Grant to Purchase 36,000 Ordinary Shares to Director and Executive VP Y. Stern 3 Approve 2003 Share Option Plan and its For Against Management U.S. Sub-Plan for Grantees Subject to U.S. Taxation - -------------------------------------------------------------------------------- CHECK POINT SOFTWARE TECHNOLOGIES INC Ticker: CHKP Security ID: M22465104 Meeting Date: JUL 31, 2003 Meeting Type: Annual Record Date: JUN 23, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Gil Shwed, Marius Nacht, David For For Management Rubner, Alex Serge Vieux, and Dr. Tal Shavit as Directors 2 Elect Irwin Federman and Ray Rothrock as For For Management External Directors 3 Authorization for Chairman of the Board For For Management to Serve as Chairman of the Board and Cheif Executive Officer 4 Accept Financial Statements for the Year For For Management Ended December 31, 2002 5 Approve Kost Forer & Gabbay as Auditors For For Management and Authorize Board to Fix Their Remuneration 6 Approve Options to Purchase Two Million For Against Management Shares to Gil Shwed, Director and Officer, and One Million Shares to Marius Nacht, Director and Officer - -------------------------------------------------------------------------------- DAN VEHICLE & TRANSPORTATION (FORMERLY DAN RENT A CAR) Ticker: Security ID: M2720K106 Meeting Date: JUN 3, 2004 Meeting Type: Annual Record Date: MAY 30, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Reappoint Kesselman & Kesselman as For For Management Auditors 3 Approve Final Dividend of NIS 18,000 For For Management - -------------------------------------------------------------------------------- DAN VEHICLE & TRANSPORTATION (FORMERLY DAN RENT A CAR) Ticker: Security ID: M2720K106 Meeting Date: MAR 22, 2004 Meeting Type: Special Record Date: MAR 18, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Israel Amir and Talma Barzani as For For Management External Directors - -------------------------------------------------------------------------------- ECI TELECOM LTD. Ticker: ECIL Security ID: 268258100 Meeting Date: JUL 30, 2003 Meeting Type: Annual Record Date: JUN 22, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Reelect D. Biran, C. Green, J. Kolber, M. For For Management Laiser, R. Liebhaber, K. Prabhu, M. Shannie, and C. Skrzypczak as Directors 2 Elect A. Naveh as External Director For For Management 3 Amend Articles Re: Transmission of Notice For For Management of General Meeting Shall Take Place at Least 21 Days prior to the Meeting, Without Regard to the Date upon such Notice Is Received 4 Approve New Terms of Compensation for For For Management External Directors 5 Approve New Terms of Compensation for K. For For Management Prabhu 6 Approve Procurement of Directors and For Against Management Officers Liability Insurance 6a If You Do Not Have a Personal Interest, None None Management Vote FOR. If You Have a Personal Interest, Vote AGAINST 7 Amend ECI Telecom Ltd. Employee Share For Against Management Incentive Plan 2002 by Increasing the Number of Shares Reserved for the Plan from 26,760,700 to 29,760,700 8 Reappoint Somekh Chaikin as Independent For For Management Auditors and Authorize Board to Fix Their Remuneration 9 Discuss Financial Statements and None None Management Statutory Reports 10 Transact Other Business ( Non-Voting) None None Management - -------------------------------------------------------------------------------- ELBIT MEDICAL IMAGING Ticker: Security ID: M37605108 Meeting Date: DEC 24, 2003 Meeting Type: Annual Record Date: NOV 24, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Reelect M. Zisser, S. Yitzhaki, R. For For Management Lavine, A. Firer, J. Forer, and D. Rubner as Directors 2 Approve Brightman Almagor as Auditors and For For Management Authorize Board to Fix Their Remuneration 3 Approve Coverage of Executive Board For Against Management Chairman and Indirect Controlling Shareholder Mordechay Zisser Under the Company's General Liability and Indemnification Insurance Policy 4 Approve Stock Option Plan Grants to For Against Management Purchase a Total of 150,000 Ordinary Shares of Company Subsidiary Insightec to President and Director Shimon Yitzhaki and Director Elimelech Firer 5 Approve Liability and Indemnification For Against Management Insurance Policies for Directors and Officers of the Company and Company Subsidiaries 6 Approve Annual Bonus for President and For For Management Director Shimon Yitzhaki - -------------------------------------------------------------------------------- ELBIT SYSTEMS LTD Ticker: Security ID: M3760D101 Meeting Date: APR 20, 2004 Meeting Type: Special Record Date: MAR 28, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Articles Re: Enhance Consistency For For Management with Sarbanes-Oxley Corporate Compliance and Nasdaq Listing Requirements 2 Approve Framework Resolution for Purchase For Against Management of Director/Officer Liability and Indemnification Insurance 3 Approve Three-Year Contract Extension for For For Management President and CEO Joseph Ackerman, and Increase Monthly Salary from $24,000 to $30,000 - -------------------------------------------------------------------------------- ELBIT SYSTEMS LTD Ticker: Security ID: M3760D101 Meeting Date: AUG 6, 2003 Meeting Type: Annual Record Date: JUL 10, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect M. Federmann, J. Ackerman, A. For For Management Asheri, R. Baum, A. Beth-Halachmi, D. Birger, A. Erel, A. Fischer, and D. Ninveh as Directors, and Y. Lifshitz as External Director 2 Appoint Luboshitz Kasierer as Auditors For For Management - -------------------------------------------------------------------------------- ELCO HOLDINGS Ticker: Security ID: M3787F105 Meeting Date: SEP 16, 2003 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Director/Officer Indemnification For Against Management Agreements 2 Approve Indemnification Agreements for For Against Management the Following Three Office Holders: Controlling Shareholder G. Zelkind and his Two Sons 3 Approve Director/Officer Liability and For Against Management Indemnification Insurance for all Directors and Officers, Including Zelkind and his Two Sons - -------------------------------------------------------------------------------- ELCO INDUSTRIES, INC. Ticker: Security ID: M37849102 Meeting Date: FEB 2, 2004 Meeting Type: Special Record Date: JAN 22, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Eliezer Berkowitz as External For Against Management Director and Grant him Indemnification and Liability Insurance - -------------------------------------------------------------------------------- ELCO INDUSTRIES, INC. Ticker: Security ID: M37849102 Meeting Date: SEP 16, 2003 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Director/Officer Indemnification For Against Management Agreements - -------------------------------------------------------------------------------- ELCO INDUSTRIES, INC. Ticker: Security ID: M37849102 Meeting Date: SEP 16, 2003 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Statements and For For Management Statutory Reports (Voting) 2 Ratify Auditor For For Management 3 Elect Directors For For Management 4 Approve Director/Officer Liability and For Against Management Indemnification Insurance - -------------------------------------------------------------------------------- ELCO INDUSTRIES, INC. Ticker: Security ID: M37849102 Meeting Date: APR 29, 2004 Meeting Type: Annual/Special Record Date: APR 18, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Reappoint Rozinksi, Halipi, Meiri & Co. For For Management as Auditors 3 Appoint Michael Zelkind, Shlomo Sharf, For For Management and Daniel Zelkind as Directors 4 Change Company Name to Enerco Enterprises For For Management Ltd. or a Name Authorized by Registrar of Companies - -------------------------------------------------------------------------------- ELECTRA CONSUMER PRODUCTS Ticker: Security ID: M3796Y103 Meeting Date: MAY 31, 2004 Meeting Type: Annual Record Date: MAY 20, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Statements and None None Management Statutory Reports 2 Reappoint Brightman Almagor & Co. as For For Management Auditors 3 Reappoint Gershon Zalkind, Eliezer For For Management Ben-Moshe, Michael Zalkind, and Dana Margalit as Directors 4 Appoint Gavriella Heller and Shaul Amit For For Management as External Directors for Three-Year Terms 5 Approve Director/Officer Liability and For Management Indemnification Insurance - -------------------------------------------------------------------------------- ELECTRA CONSUMER PRODUCTS Ticker: Security ID: M3796Y103 Meeting Date: SEP 16, 2003 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Statements and For For Management Statutory Reports (Voting) 2 Ratify Auditor For For Management 3 Elect Directors For For Management 4 Approve Director/Officer Liability and For Against Management Indemnification Insurance - -------------------------------------------------------------------------------- ELECTRA ISRAEL LTD. Ticker: Security ID: M38004103 Meeting Date: SEP 16, 2003 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Director/Officer Liability and For Against Management Indemnification Insurance - -------------------------------------------------------------------------------- ELITE INDUSTRIES LIMITED Ticker: Security ID: M3965H113 Meeting Date: MAR 22, 2004 Meeting Type: Special Record Date: MAR 15, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger by Absorption Whereby For For Management Majority Shareholder Strauss-Elite Will Transfer Control of Strauss Dairy and Strauss Salads in Exchange for 49.2 Million Ordinary Shares 2 Change Company Name to Strauss-Elite, For For Management Ltd. - -------------------------------------------------------------------------------- ELITE INDUSTRIES LIMITED Ticker: Security ID: M3965H113 Meeting Date: MAR 22, 2004 Meeting Type: Special Record Date: MAR 15, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Increase of Director/Officer For Against Management Liability and Indemnification Insurance up to $40 Million at an Annual Premium of up to $325,000, Which May Be Renewed Annually at a Premium of up to $500,000 2 Approve Undertaking to Indemnify For Against Management Directors and Officers up to 25 Percent of Shareholders' Equity 3 Approve $50,000 Payment to a Director for For For Management Efforts Regarding Proposed Merger with Strauss - -------------------------------------------------------------------------------- ELITE INDUSTRIES LIMITED Ticker: Security ID: M3965H113 Meeting Date: FEB 17, 2004 Meeting Type: Special Record Date: FEB 10, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Consolidation through Conversion For For Management of Each Par 5 NIS Ordinary Share Into Five Par 1 NIS Ordinary Shares, For a Total of 56,135,687 Issued Par 1 NIS Ordinary Shares, and a Total of 130 Million Authorized Par 1 NIS Ordinary Shares 2 Amend Article 4 of Memorandum and For For Management Articles 14 and 17 of Articles of Association to Reflect Changes in Capital - -------------------------------------------------------------------------------- FIRST INTERNATIONAL BANK ISRAEL,(FIBI )(FORMERLY FIBI HOLDI Ticker: Security ID: M4252W102 Meeting Date: DEC 17, 2003 Meeting Type: Annual Record Date: DEC 10, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports at the Year Ended December 31, 2002 2 Fix Number of Directors and Elect For For Management Directors 3 Approve the Terms of Employment of the For For Management Chairman of the Board of Directors 4 Approve Remuneration of Directors For Against Management 5 Report on the Remuneration of the For For Management Auditors for the Year 2002 6 Approve Somekh Chaikin as Auditors and For For Management Authorize Board to Fix Their Remuneration - -------------------------------------------------------------------------------- FORMULA SYSTEMS (1985) Ticker: Security ID: M46518102 Meeting Date: FEB 29, 2004 Meeting Type: Annual Record Date: FEB 2, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect D. Goldstein, G. Goldstein, S. For For Management Beilis, and S. Nass as Directors 2 Approve Remuneration of Director Shlomo For For Management Nass in the Amount of NIS 35,000 ($7,942) Per Year and NIS 1,500 ($340) Per Meeting Attended 3 Accept Financial Statements and Statutory For For Management Reports (Voting) 4 Ratify BDO Ziv & Haft as Auditors For For Management 5 Approve Director/Officer Liability and For Against Management Indemnification Insurance 6 Other Business (Voting) For Against Management - -------------------------------------------------------------------------------- GACHELET Ticker: Security ID: M4714A102 Meeting Date: JUL 8, 2003 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Reports and the For For Management Directors' Report 2.1 Re-elect David Weisberg as Directors For For Management 2.2 Re-elect Zvi Lubertzky as Directors For For Management 2.3 Re-elect Emanuel Kook as Directors For For Management 2.4 Re-elect Gideon Freitag as Directors For For Management 3 Approve Compensation for Outside For For Management Directors and the Fee Paid to Non-employee Directors 4 Approve Ziv Haft Accountants as For For Management Accountants and Comptroller of the Company and Authorize Board to Fix Their Remuneration - -------------------------------------------------------------------------------- GAN SHMUEL FOODS Ticker: Security ID: M4742R101 Meeting Date: MAR 25, 2004 Meeting Type: Special Record Date: MAR 18, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Shaul Ashkenazi and Eliahu For For Management Goldshmidt External Directors 2 Approve Consolidation of Rental Agreement For For Management with Limited Partnership Gam Shmuel Haroshet Shimurim in which Controlling Shareholder Gan Shmuel is a Partner - -------------------------------------------------------------------------------- HAREL INSURANCE INVESTMENT (FORMERLY HAREL HAMISHMAR) Ticker: Security ID: M52635113 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 (Voting) 2 Reappoint Current Directors For For Management 3 Reappoint Somech Haikin as Auditors For For Management 4 Receive Report on Auditors' Fees None None Management - -------------------------------------------------------------------------------- IDB DEVELOPMENT CORP Ticker: Security ID: M2798P102 Meeting Date: MAY 4, 2004 Meeting Type: Annual Record Date: APR 22, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Statements and None None Management Statutory Reports 2 Reappoint N. Dankner, R. Bisker, S. For For Management Ben-Zeev, A. Ben Josef, S. Bergman, D. Horvat, E. Cohen, Z. Livnat, D. Manor, Y. Manor, A. Fischer, and Y. Schimmel as Directors 3 Reappoint Somech Haikin as Auditors and For For Management Authorize Board to Fix Their Remuneration 4 Approve Remuneration of Directors and For For Management External Directors for 2003 - 2007 Inclusive - -------------------------------------------------------------------------------- IDB DEVELOPMENT CORP Ticker: Security ID: M2798P102 Meeting Date: JAN 20, 2004 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Bonus Compensation and For Against Management Reimbursement to Chairman of the Board Nochi Dankner 2 Approve Bonus Compensation and For Against Management Reimbursement to Deputy Chairmen Zvi Livnat and Avi Fischer 3 Approve Related Party Transaction with For Against Management IDB Holding Corporation Re: Azrieli Center Office Rental - -------------------------------------------------------------------------------- IDB DEVELOPMENT CORP Ticker: Security ID: M2798P102 Meeting Date: OCT 22, 2003 Meeting Type: Annual Record Date: OCT 9, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Reelect N. Dankner, R. Bisker, S. For For Management Ben-Zeev, A. Ben Joseph, S. Dankner-Bergman, D. Horvat, L. Hannes, E. Cohen, Z. Livnat, D. Manor, I. Manor, and J. Schimmel as Directors 3 Approve Somekh Chaikin as Auditors and For For Management Authorize Board to Fix Their Remuneration - -------------------------------------------------------------------------------- IDB HOLDINGS CORP Ticker: Security ID: M5338Y111 Meeting Date: OCT 22, 2003 Meeting Type: Annual Record Date: OCT 9, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Reelect N. Dankner, R. Bisker, S. For For Management Ben-Zeev, S. Dankner-Bergman, D. Horvat, L. Hannes, E. Cohen, Z. Livnat, D. Manor, I. Manor, A. Fischer, M. Rosenne, and J. Schimmel as Directors 3 Approve Ziv-Haft as Auditors and For For Management Authorize Board to Fix Their Remuneration - -------------------------------------------------------------------------------- IDB HOLDINGS CORP Ticker: Security ID: M5338Y111 Meeting Date: AUG 4, 2003 Meeting Type: Special Record Date: JUL 24, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Appoint Rolando Eisen as Independent For For Management Director 2 Appoint Shmuel Lachman as Independent For For Management Director - -------------------------------------------------------------------------------- IDB HOLDINGS CORP Ticker: Security ID: M5338Y111 Meeting Date: MAY 4, 2004 Meeting Type: Annual Record Date: APR 22, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Statements and None None Management Statutory Reports 2 Reappoint N. Dankner, R. Bisker, S. For For Management Ben-Zeev, S. Bergman, D. Horvat, L. Haness, E. Cohen, Z. Livnat, D. Manor, Y. Manor, M. Rosenne, and Y. Schimmel as Directors 3 Reappoint Ziv Haft as Auditors and For For Management Authorize Board to Fix Their Remuneration 4 Approve Remuneration of Directors and For For Management External Directors for 2003 - 2007 Inclusive - -------------------------------------------------------------------------------- IDB HOLDINGS CORP Ticker: Security ID: M5338Y111 Meeting Date: JAN 20, 2004 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1a Authorize Board to Approve Terms of For Against Management Employment of Nochi Dankner to Serve as Chairman of the Board and Chief Executive Officer 1b Authorize Terms of Employment of Zvi For Against Management Livnat and Avi Fischer to Serve as Deputy CEO 1c Approve Related Party Transaction with For Against Management Clal Industries 1d Approve Related Party Transaction with For Against Management IDB Development Corporation Limited - -------------------------------------------------------------------------------- IDB HOLDINGS CORP Ticker: Security ID: M5338Y111 Meeting Date: OCT 22, 2003 Meeting Type: Special Record Date: OCT 9, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Giving of an Undertaking by the For For Management Company to the Supervisor of Insurance at the Ministry of Finance - -------------------------------------------------------------------------------- IDB HOLDINGS CORP Ticker: Security ID: M5338Y111 Meeting Date: JUL 29, 2003 Meeting Type: Special Record Date: JUL 20, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Appoint D. Doron as an Independent For For Management Director - -------------------------------------------------------------------------------- IDB HOLDINGS CORP Ticker: Security ID: M5338Y111 Meeting Date: DEC 24, 2003 Meeting Type: Special Record Date: DEC 18, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Chairman of the Board, Nochi For For Management Dankner, to Serve Also as CEO - -------------------------------------------------------------------------------- INDUSTRIAL BUILDINGS CORP. Ticker: Security ID: M5514Q106 Meeting Date: OCT 22, 2003 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Unspecified Management Proposal For Against Management 2 Unspecified Non-Voting Proposal None None Management - -------------------------------------------------------------------------------- INDUSTRIAL BUILDINGS CORP. Ticker: Security ID: M5514Q106 Meeting Date: JUN 30, 2004 Meeting Type: Annual Record Date: JUN 24, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Reappoint E. Fishman, R. Even, Y. For For Management Ziskind, S. Milo, R. Fishman Ofir, Y. Steinman, Y. Elinav, A. Kelner, and J. Bichio as Directors and Appoint A. Manipaz as a Director 3 Reappoint Kost Forer Gabbay & Kasierer as For For Management Auditors and Authorize Board to Fix Their Remuneration 4 Approve Director/Officer Indemnification For Against Management Agreements - -------------------------------------------------------------------------------- INDUSTRIAL BUILDINGS CORP. Ticker: Security ID: M5514Q106 Meeting Date: JUL 8, 2003 Meeting Type: Annual Record Date: JUL 3, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Statements, and the None None Management Auditors' and Directors' Reports for the Year Ended December 31, 2002 2 Re-appoint Kost, Forer and Gabbay as For For Management Auditors 3 Re-appoint Directors For For Management 4 Change Company Name to Industrial For For Management Buildings Corporation Ltd. - -------------------------------------------------------------------------------- ISRAEL CHEMICALS LIMITED Ticker: Security ID: M5920A109 Meeting Date: MAY 25, 2004 Meeting Type: Annual Record Date: MAY 18, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Receive Financial Statements and None None Management Statutory Reports 2 Reelect Y. Rosen, I. Ofer, C. Erez, M. For For Management Dachla, M. Vidman, N. Yatziv, A. Paz, and A. Sadeh as Directors, and Approve Directors' Compensation 3 Approve Kesselman & Kesselman as Auditors For For Management and Authorize Board to Fix Their Remuneration - -------------------------------------------------------------------------------- ISRAEL DISCOUNT BANK Ticker: Security ID: 465074201 Meeting Date: JUN 14, 2004 Meeting Type: Special Record Date: JUN 7, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Director/Officer Liability and For Against Management Indemnification Insurance 2 Approve 10 Percent Pay Increase and Bonus For Against Management of NIS 575,000 ($130,500) for Board Chairman 3 Approve Severance Agreement for Board For Against Management Chairman - -------------------------------------------------------------------------------- ISRAEL DISCOUNT BANK Ticker: Security ID: 465074201 Meeting Date: NOV 24, 2003 Meeting Type: Annual Record Date: NOV 17, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Approve as Final Dividend the Interim For For Management Dividend of 6 Percent Paid on Dec. 31, 2002, to Shareholders of 40,000, 6 Percent Cumulative Preference Shares, Nominal Value of NIS 0.00504 Per Share 3 Reappoint Ziv Haft and Somekh Chaikin as For For Management Auditors and Authorize Board to Fix Their Remuneration 4 Elect Y. Lifshitz as a Director For For Management 5 Approve Director/Officer Liability and For Against Management Indemnification Insurance 6 Approve Remuneration of Chairman for 1999 For Against Management - -------------------------------------------------------------------------------- MAKHTESHIM - AGAN INDUSTRIES LTD Ticker: Security ID: M67888103 Meeting Date: DEC 17, 2003 Meeting Type: Special Record Date: DEC 2, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Appoint Avishai Braverman as External For For Management Director 2 Appoint Ephraim Halevy as External For For Management Director - -------------------------------------------------------------------------------- MIND CTI LTD Ticker: MNDO Security ID: M70240102 Meeting Date: AUG 27, 2003 Meeting Type: Annual Record Date: JUL 22, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Reappoint K. Mohan as Class III Director For For Management 2 Reappoint Kesselman & Kesselman as For For Management Auditors and Authorize Board to Fix Their Remuneration 3 Approve Continuing Service of M. Eisinger For For Management as President, Chief Executive Officer, and Chairperson of the Board of Directors and of the Company 4 Discuss Financial Statements and None None Management Statutory Reports 5 Transact Other Business (Non-Voting) None None Management - -------------------------------------------------------------------------------- NICE-SYSTEMS LTD. Ticker: Security ID: 653656108 Meeting Date: DEC 2, 2003 Meeting Type: Annual Record Date: OCT 24, 2003 # Proposal Mgt Rec Vote Cast Sponsor A Elect J. Atsmon, R. Ben-Shaoul, Y. For For Management Dauber, R. Gutler, J. Hughes, D. Kostman, and T. Robinson as Directors B Approve Directors' Remuneration of NIS For Against Management 42,681 Per Year and NIS 1,642 Per Meeting Attended C Approve Employee Stock Option Plan For Against Management D Approve Employee Stock Purchase Plan For Against Management E Approve Stock Option Plan Grants to For Against Management Directors R. Gutler and J. Atsmon F Reappoint Kost, Forer & Gabay as Auditors For For Management and Authorize Board to Fix Their Remuneration G Receive Financial Statements and None None Management Statutory Reports - -------------------------------------------------------------------------------- RAPAC TECHNOLOGIES 2000 LTD Ticker: Security ID: M8198A108 Meeting Date: DEC 16, 2003 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Services Agreement with CEO and For Against Management Director Alex Milner and M.S. Miran Ltd. - -------------------------------------------------------------------------------- SUPER-SOL LTD Ticker: SUPLF Security ID: M8710D119 Meeting Date: NOV 27, 2003 Meeting Type: Special Record Date: NOV 11, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Appoint M. Amit as Director For For Management - -------------------------------------------------------------------------------- SUPER-SOL LTD Ticker: SUPLF Security ID: M8710D119 Meeting Date: FEB 24, 2004 Meeting Type: Special Record Date: FEB 11, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Yehezkiel Offir as External For For Management Director - -------------------------------------------------------------------------------- SUPER-SOL LTD Ticker: SUPLF Security ID: M8710D119 Meeting Date: APR 20, 2004 Meeting Type: Annual Record Date: APR 1, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Reappoint Ido Bergman, Rafi Bisker, and For For Management Zehavit Yosef as Directors 3 Reappoint KPMG Somech Haik as Auditors For For Management and Authorize Board to Fix Their Remuneration 4 Approve Bonus/Compensation/Remuneration For For Management of Directors 5 Approve Management Contract with Biger For For Management Investment Company, a Private Company Owned by Board Chairman Avraham Biger - -------------------------------------------------------------------------------- TEVA PHARMACEUTICAL INDUSTRIES Ticker: TEVA Security ID: 881624209 Meeting Date: OCT 27, 2003 Meeting Type: Special Record Date: SEP 18, 2003 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect G. Shalev as an External Director For For Management 2 Approve Increase in Remuneration of For For Management Directors other than the Chairman - -------------------------------------------------------------------------------- UNITED MIZRAHI BANK Ticker: Security ID: M9540S110 Meeting Date: JAN 27, 2004 Meeting Type: Special Record Date: JAN 18, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement between United For For Management Mizrahi Bank Ltd. and United Mizrahi Investment Co. - -------------------------------------------------------------------------------- UNITED MIZRAHI BANK Ticker: Security ID: M9540S110 Meeting Date: JUN 1, 2004 Meeting Type: Annual Record Date: MAY 20, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports (Voting) 2 Reappoint Y. Perry, Y. Ofer, I. Ofer, M. For For Management Vartheim, L. Ofer, Z. Efrat, R. Israel, R. Gazit, Y. Bahat, and G. Siterman as Directors 3 Reappoint Brightman Almagor & Co. as For For Management Auditors 4 Approve Bonus of $250,000 for Board For For Management Chairman 5 Approve Remuneration of External For For Management Directors - -------------------------------------------------------------------------------- UNITED MIZRAHI BANK Ticker: Security ID: M9540S110 Meeting Date: JUL 31, 2003 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and Statutory For For Management Reports 2 Appoint External Auditor For For Management - -------------------------------------------------------------------------------- UNITED MIZRAHI BANK Ticker: Security ID: M9540S110 Meeting Date: MAR 29, 2004 Meeting Type: Special Record Date: MAR 24, 2004 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Director/Officer Liability and For Against Management Indemnification Insurance to Be Shared by the Company and Affiliates Tefahot Mortgage Bank and Bank Adanin, with a Limit of $50 Million Per Incident and $50 Million Cumulative - -------------------------------------------------------------------------------- UNITED MIZRAHI BANK Ticker: Security ID: M9540S110 Meeting Date: JAN 29, 2004 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement between United For For Management Mizrahi Bank Ltd. and United Mizrahi Investment Co. - -------------------------------------------------------------------------------- UNITED MIZRAHI BANK Ticker: Security ID: M9540S110 Meeting Date: OCT 8, 2003 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Bonus of $180,000 for Former For Against Management Chairman I. Ofer - -------------------------------------------------------------------------------- UNITED MIZRAHI BANK Ticker: Security ID: M9540S110 Meeting Date: OCT 22, 2003 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Bonus to Previous Board Chairman For Against Management 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. THE FIRST ISRAEL FUND, INC. By: /s/ Hal Liebes ---------------------------- Hal Liebes Vice President and Secretary Date: August 25, 2004 -----END PRIVACY-ENHANCED MESSAGE-----