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    811-6247
                                   ---------------------------------------------


                    AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
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               (Exact name of registrant as specified in charter)


4500 MAIN STREET, KANSAS CITY, MISSOURI                             64111
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(Address of principal executive offices)                         (Zip code)


DAVID C. TUCKER, ESQ., 4500 MAIN STREET, 9TH FLOOR, KANSAS CITY, MISSOURI  64111
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                     (Name and address of agent for service)


Registrant's telephone number, including area code:   816-531-5575
                                                    ----------------------------

Date of fiscal year end:   11/30
                           -------------------------

Date of reporting period:  07/01/2004 - 06/30/2005
                           -------------------------



Item 1.  Proxy Voting Record.



===================== AMERICAN CENTURY INTERNATIONAL STOCK =====================


ACCOR

Ticker:                      Security ID:  FR0000120404
Meeting Date: MAY 3, 2005    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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.30 per Share                     Vote
5     Reelect Renau d'Elissagaray as            For       Did Not    Management
      Supervisory Board Member                            Vote
6     Reelect Franck Riboud as Supervisory      For       Did Not    Management
      Board Member                                        Vote
7     Elect Paul Dubrule as Supervisory Board   For       Did Not    Management
      Member                                              Vote
8     Elect Thomas J. Barrack as Supervisory    For       Did Not    Management
      Board Member                                        Vote
9     Elect Sebastien Bazin as Supervisory      For       Did Not    Management
      Board Member                                        Vote
10    Elect Dominique Marcel as Supervisory     For       Did Not    Management
      Board Member                                        Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 305,000                     Vote
12    Authorize Repurchase of Up to 19 Million  For       Did Not    Management
      Shares                                              Vote
13    Authorize Issuance of 116,279 Convertible For       Did Not    Management
      Bonds to ColLife SARL                               Vote
14    Authorize Issuance of 128,205 Convertible For       Did Not    Management
      Bonds to ColLife SARL                               Vote
15    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
16    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
17    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 100 Million
18    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Acquisitions
19    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Items 16 and 17
20    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 200 Million for Bonus Issue or            Vote
      Increase in Par Value
21    Set Global Limit for Capital Increase to  For       Did Not    Management
      Result from All Issuance Requests at EUR            Vote
      300 Million
22    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
23    Authorize Up to Eight Percent of Issued   For       Did Not    Management
      Capital for Restricted Stock Plan                   Vote
24    Amend Articles of Association to Reflect  For       Did Not    Management
      Recent Legal Changes                                Vote
25    Amend Articles to Reduce Board Terms From For       Did Not    Management
      Six to Four Years                                   Vote
26    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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ADIDAS-SALOMON AG

Ticker:       ADDDY          Security ID:  DE0005003404
Meeting Date: MAY 4, 2005    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 1.30 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Approve Creation of EUR 41 Million Pool   For       Did Not    Management
      of Conditional Capital with Preemptive              Vote
      Rights
6     Approve Creation of EUR 4 Million Pool of For       Did Not    Management
      Conditional Capital without Preemptive              Vote
      Rights
7     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
8     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft as Auditors for               Vote
      Fiscal Year 2005


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ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  GRS015013006
Meeting Date: MAY 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan for Directors   For       Did Not    Management
      and Employees of the Company and Company            Vote
      Subsidiaries


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ARCELOR S.A.

Ticker:                      Security ID:  LU0140205948
Meeting Date: APR 29, 2005   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               For       Did Not    Management
                                                          Vote
3     Accept Consolidated Financial Statements  For       Did Not    Management
                                                          Vote
4     Approve Allocation of Income, Directors'  For       Did Not    Management
      Fees, and Dividend                                  Vote
5     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
6     Elect Directors                           For       Did Not    Management
                                                          Vote
7     Authorize Repurchase of Company's Shares  For       Did Not    Management
                                                          Vote


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ASTRAZENECA PLC (FORMERLY ZENECA PLC)

Ticker:       ZEN            Security ID:  GB0009895292
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Confirm First Interim Dividend of USD     For       For        Management
      0.295 Per Share and Confirm as Final
      Dividend the Second Interim Dividend of
      USD 0.645 Per Share
3     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
4     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
5a    Re-elect Louis Schweitzer as Director     For       For        Management
5b    Re-elect Hakan Mogren as Director         For       For        Management
5c    Re-elect Sir Tom McKillop as Director     For       For        Management
5d    Re-elect Jonathan Symonds as Director     For       For        Management
5e    Elect John Patterson as Director          For       For        Management
5f    Elect David Brennan as Director           For       For        Management
5g    Re-elect Sir Peter Bonfield as Director   For       For        Management
5h    Re-elect John Buchanan as Director        For       For        Management
5i    Re-elect Jane Henney as Director          For       For        Management
5j    Re-elect Michele Hooper as Director       For       For        Management
5k    Re-elect Joe Jimenez as Director          For       For        Management
5l    Re-elect Erna Moller as Director          For       For        Management
5m    Re-elect Dame Bridget Ogilvie as Director For       For        Management
5n    Re-elect Marcus Wallenberg as Director    For       Against    Management
6     Approve Remuneration Report               For       For        Management
7     Approve AstraZeneca Performance Share     For       For        Management
      Plan
8     Approve EU Political Donations and EU     For       Against    Management
      Political Expenditure up to USD 150,000
9     Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 136,488,521
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 20,473,278
11    Authorise up to Ten Percent of the Issued For       For        Management
      Share Capital for Market Purchase


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AXA (FORMERLY AXA-UAP)

Ticker:       AXA            Security ID:  FR0000120628
Meeting Date: APR 20, 2005   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 0.61 per Share                     Vote
4     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Account to                  Vote
      Ordinary Reserve
5     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
6     Confirm Resignation and Non-Reelection of For       Did Not    Management
      Thierry Breton as Supervisory Board                 Vote
      Member
7     Reelect Anthony Hamilton as Supervisory   For       Did Not    Management
      Board Member                                        Vote
8     Reelect Henri Lachmann as Supervisory     For       Did Not    Management
      Board Member                                        Vote
9     Reelect Michel Pebereau as Supervisory    For       Did Not    Management
      Board Member                                        Vote
10    Ratify Appointment of Leo Apotheker as    For       Did Not    Management
      Supervisory Board Member                            Vote
11    Elect Jacques de Chateauvieux as          For       Did Not    Management
      Supervisory Board Member                            Vote
12    Elect Dominique Reiniche as Supervisory   For       Did Not    Management
      Board Member                                        Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 1 Million                   Vote
14    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 1 Billion for Bonus Issue or              Vote
      Increase in Par Value
16    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 1.5 Billion
17    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1 Billion
18    Authorize Management Board to Set Issue   For       Did Not    Management
      Price for Ten Percent of Issued Capital             Vote
      Pursuant to Issue Authority without
      Preemptive Rights
19    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Submitted to Shareholder Vote Above
20    Authorize Capital Increase of Up to EUR 1 For       Did Not    Management
      Billion for Future Exchange Offers                  Vote
21    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Exchange Offers
22    Authorize Issuance of Equity Upon         For       Did Not    Management
      Conversion of a Subsidiary's                        Vote
      Equity-Linked Securities
23    Approve Issuance of Securities            For       Did Not    Management
      Convertible into Debt                               Vote
24    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
25    Authorize Up to 0.5 Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
26    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
27    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
28    Amend Articles of Association Re:         For       Did Not    Management
      Definition of Related-Party Transactions            Vote
29    Amend Articles Re: Stock Option and       For       Did Not    Management
      Restricted Stock Plans                              Vote
30    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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BANCO POPULAR ESPANOL

Ticker:                      Security ID:  ES0113790234
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       Did Not    Management
      of Income, and Discharge Directors for              Vote
      Fiscal Year 2004
2     Elect Director                            For       Did Not    Management
                                                          Vote
3     Approve Auditors                          For       Did Not    Management
                                                          Vote
4     Amend Articles 15 of the Bylaws           For       Did Not    Management
                                                          Vote
5     Approve Reduction of Par Value from EUR   For       Did Not    Management
      0.50 to EUR 0.10 and Consequent Increase            Vote
      in Number of Shares
6     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
7     Approve Increase in Capital Via Increase  For       Did Not    Management
      of Par Value and/or Issuance of Equity or           Vote
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Issuance of Non-convertible     For       Did Not    Management
      Bonds/Debentures                                    Vote
9     Authorize Issuance of Convertible Bonds   For       Did Not    Management
      without Preemptive Rights                           Vote
10    Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions                                Vote


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BASF AG

Ticker:                      Security ID:  DE0005151005
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports for Fiscal Year 2004              Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.70 per Share                     Vote
3     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
4     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
5     Ratify Deloitte & Touche GmbH as Auditors For       Did Not    Management
      for Fiscal Year 2005                                Vote
6     Authorize Repurchase of up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
7     Authorize Use of Financial Derivatives    For       Did Not    Management
      when Repurchasing Shares                            Vote
8     Amend Articles Re: Calling of and         For       Did Not    Management
      Registration for Shareholder Meetings due           Vote
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)


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BG GROUP PLC (FRM. BG PLC)

Ticker:                      Security ID:  GB0008762899
Meeting Date: MAY 4, 2005    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 2.08 Pence Per  For       For        Management
      Ordinary Share
4     Elect Baroness Hogg as Director           For       For        Management
5     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Approve EU Political Donations up to GBP  For       Against    Management
      25,000 and EU Political Expenditure up to
      GBP 25,000
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP  123,368,432
9     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 1,000,000
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 17,692,165
11    Authorise 353,843,302 Ordinary Shares for For       For        Management
      Market Purchase
12    Amend Articles of Association Re:         For       For        Management
      Indemnities and Defence Funding
13    Amend Articles of Association Re:         For       For        Management
      Treasury Shares and CREST


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BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.            Security ID:  GB0007980591
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect David Allen as Director          For       For        Management
2     Re-elect Lord Browne of Madingley as      For       For        Management
      Director
3     Re-elect John Bryan as Director           For       For        Management
4     Re-elect Antony Burgmans as Director      For       For        Management
5     Elect Iain Conn as Director               For       For        Management
6     Re-elect Erroll Davis, Jr. as Director    For       For        Management
7     Elect Douglas Flint as Director           For       For        Management
8     Re-elect Byron Grote as Director          For       For        Management
9     Re-elect Tony Hayward as Director         For       For        Management
10    Re-elect DeAnne Julius as Director        For       For        Management
11    Elect Sir Tom McKillop as Director        For       For        Management
12    Re-elect John Manzoni as Director         For       For        Management
13    Re-elect Walter Massey as Director        For       For        Management
14    Re-elect Michael Miles as Director        For       For        Management
15    Re-elect Sir Ian Prosser as Director      For       For        Management
16    Re-elect Michael Wilson as Director       For       For        Management
17    Re-elect Peter Sutherland as Director     For       For        Management
18    Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
19    Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,770 Million
20    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 256 Million
21    Authorise 2.1 Billion Ordinary Shares for For       For        Management
      Market Purchase
22    Approve Remuneration Report               For       For        Management
23    Approve Share Incentive Plan              For       For        Management
24    Accept Financial Statements and Statutory For       For        Management
      Reports


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CLP HOLDINGS (FORMERLY CHINA LIGHT & POWER)

Ticker:                      Security ID:  HK0002007356
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Approve Final Dividend of HK$0.73 Per     For       For        Management
      Share
2b    Approve Special Final Dividend of HK$0.15 For       For        Management
      Per Share
3a    Reelect Andrew Clifford Winawer Brandler  For       For        Management
      as Director
3b    Reelect Michael David Kadoorie as         For       For        Management
      Director
3c    Reelect Chung Sze Yuen as Director        For       For        Management
3d    Reelect John Andrew Harry Leigh as        For       For        Management
      Director
3e    Reelect Kan Man Lok Paul as Director      For       For        Management
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Term of Appointment for           For       For        Management
      Non-Executive Directors
6     Amend Articles Re: Editing Change         For       For        Management
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
8     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
9     Authorize Reissuance of Repurchased       For       For        Management
      Shares


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CONTINENTAL  AG

Ticker:       CTTAY          Security ID:  DE0005439004
Meeting Date: MAY 12, 2005   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 0.80 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors for            Vote
      Fiscal 2005
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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DEUTSCHE TELEKOM AG

Ticker:       DT             Security ID:  DE0005557508
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports for Fiscal Year 2004              Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.62 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Ratify PwC Deutsche Revision AG as        For       Did Not    Management
      Auditors for Fiscal Year 2005                       Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Elect Volker Halsch to the Supervisory    For       Did Not    Management
      Board                                               Vote
8     Elect Wolfgang Reitzle to the Supervisory For       Did Not    Management
      Board                                               Vote
9     Authorize Issuance of Convertible Bonds   For       Did Not    Management
      without Preemptive Rights up to Sum of              Vote
      EUR 5 Billion; Approve Creation of EUR
      600 Million Pool of Conditional Capital
      without Preemptive Rights to Guarantee
      Conversion Rights
10    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (MagyarCom Holding GmbH)                 Vote
11    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DeTeFleetServices GmbH)                 Vote
12    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DFMG Holding GmbH)                      Vote
13    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DeTe Immobilien, Deutsche               Vote
      Telekom Immobilien und Service GmbH)
14    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DeTeAssukuranz-Deutsche                 Vote
      Telekom
      Assekuranz-Vermittlungsgesellschaft mbH)
15    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (T-Punkt Vertriebsgesellschaft           Vote
      mbH)
16    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (Deutsche Telekom Training               Vote
      GmbH)
17    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (T-Systems International GmbH)           Vote
18    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DeTeMedien, Deutsche Telekom            Vote
      Medien GmbH)
19    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (Carmen                                  Vote
      Telekommunikationsdienste GmbH)
20    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (Norma                                   Vote
      Telekommunikationsdienste GmbH)
21    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (Traviata                                Vote
      Telekommunikationsdienste GmbH)
22    Approve Profit and Loss Transfer          For       Did Not    Management
      Agreement with Subsidiary (MagyarCom                Vote
      Holding GmbH)
23    Amend Articles Re: Time Designation at    For       Did Not    Management
      Shareholder Meetings due to Proposed                Vote
      Changes in German Law (Company Integrity
      and Modernization of Shareholder Lawsuits
      Regulation)


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DNB NOR ASA(FRMLY DNB HOLDING ASA (FORMERLY DEN NORSKE BANK  AS))

Ticker:                      Security ID:  NO0010031479
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Relect Andersen, Froestrup, Johannson,    For       For        Management
      Larre, Leroey, Mohn, Roarsen, and
      Schilbred as Members of Supervisory
      Board; Elect Graendsen and Toemeraas as
      New Members of Supervisory Board; Elect
      20 Deputy Members of Supervisory Board
2     Elect Helge Andresen, Frode Hassel,       For       For        Management
      Kristin Normann, and Thorstein Oeverland
      as Members of Control Committee; Elect
      Svein Brustad and Anita Roarsen as Deputy
      Members of Control Committee
3     Elect Per Moeller and Benedicte Schilbred For       For        Management
      as Members of Nominating Committee
4     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income and Dividends of NOK 2.55 Per
      Share
5     Approve Remuneration of Auditors in the   For       For        Management
      Amount of NOK 450,000 for 2004
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Amend Articles Re: Editorial Changes;     For       For        Management
      Establish Term of Board of Directors (One
      Year)
8     Establish Work Description for Nominating For       For        Management
      Committee
9     Receive Company Report on Corporate       None      None       Management
      Governance


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

E.ON AG (FORMERLY VEBA AG)

Ticker:                      Security ID:  DE0007614406
Meeting Date: APR 27, 2005   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 2.35 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Approve Creation of EUR 540 Million Pool  For       Did Not    Management
      of Conditional Capital with Preemptive              Vote
      Rights
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                                        Vote
8     Amend Articles Re: Changes to the         For       Did Not    Management
      Remuneration of the Supervisory Board               Vote
      Members
9     Amend Articles Re: Calling of and         For       Did Not    Management
      Registration for Shareholder Meetings due           Vote
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
10    Ratify PwC Deutsche Revision AG as        For       Did Not    Management
      Auditors                                            Vote


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

ENI SPA

Ticker:       E              Security ID:  IT0003132476
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2005

#     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     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares To Service Stock Option Plan in              Vote
      Favor of Group Management
5     Fix Number of Directors                   For       Did Not    Management
                                                          Vote
6     Set Directors' Term of Office             For       Did Not    Management
                                                          Vote
7.1   Elect Directors - Slate 1 Submitted by    None      Did Not    Management
      the Ministry of Economy and Finance                 Vote
7.2   Elect Directors - Slate 2 Submitted by a  None      Did Not    Management
      Group of Institutional Investors                    Vote
      (Minority Slate)
8     Elect Chairman of the board of Directors  For       Did Not    Management
                                                          Vote
9     Approve Remuneration of Chairman of the   For       Did Not    Management
      Board and of Directors                              Vote
10.1  Elect Internal Statutory Auditors - Slate None      Did Not    Management
      1 Submitted by the Ministry of Economy              Vote
      and Finance
10.2  Elect Internal Statutory Auditors - Slate None      Did Not    Management
      1 Submitted by a Group of Institutional             Vote
      Investors (Minority Slate)
11    Appoint Chairman of the Internal          For       Did Not    Management
      Statutory Auditors' Board                           Vote
12    Approve Remuneration of Chairman of       For       Did Not    Management
      Internal Statutory Auditors' Board and of           Vote
      Primary Internal Statutory Auditors


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

ERSTE BANK DER OESTER SPARK

Ticker:                      Security ID:  AT0000652011
Meeting Date: MAY 11, 2005   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              For       Did Not    Management
                                                          Vote
3a    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
3b    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital for Trading Purposes                        Vote
8     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
9     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
10    Adopt New Articles of Association         For       Did Not    Management
                                                          Vote


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

ESSILOR INTERNATIONAL

Ticker:                      Security ID:  FR0000121667
Meeting Date: MAY 13, 2005   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 Discharge Directors                             Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.76 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Philippe Alfroid as Director      For       Did Not    Management
                                                          Vote
6     Reelect Alain Aspect as Director          For       Did Not    Management
                                                          Vote
7     Reelect Jean-Pierre Martin as Director    For       Did Not    Management
                                                          Vote
8     Reelect Bertrand Roy as Director          For       Did Not    Management
                                                          Vote
9     Elect Dominique Reiniche as Director      For       Did Not    Management
                                                          Vote
10    Elect Michel Rose as Director             For       Did Not    Management
                                                          Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 225,000                     Vote
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         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    Approve of Up to One Percent of Issued    For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
17    Set Global Limit for Stock Option and     For       Did Not    Management
      Restricted Plan at Three Percent of                 Vote
      Issued Capital
18    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 25 Million
19    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 7 Million
20    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Items 18 and 19
21    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 300 Million for Bonus Issue or            Vote
      Increase in Par Value
22    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
23    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

FRESENIUS MEDICAL CARE AG

Ticker:       FMSPR          Security ID:  DE0005785802
Meeting Date: MAY 24, 2005   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 1.12 per Common Share              Vote
      and EUR 1.18 per Preference Share
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors for            Vote
      Fiscal 2005
6     Elect John Kringel to the Supervisory     For       Did Not    Management
      Board                                               Vote
7     Amend Articles Re: Supervisory Board      For       Did Not    Management
      Remuneration                                        Vote
8     Approve Creation of EUR 30.7 Million Pool For       Did Not    Management
      of Conditional Capital; Authorize                   Vote
      Management Board to Decide Whether to
      Exclude Preemptive Rights of Shareholders


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

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GSK            Security ID:  GB0009252882
Meeting Date: MAY 25, 2005   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 Sir Christopher Gent as Director    For       For        Management
4     Elect Sir Deryck Maughan as Director      For       For        Management
5     Elect Julian Heslop as Director           For       For        Management
6     Re-elect Jean-Pierre Garnier as Director  For       For        Management
7     Re-elect Sir Ian Prosser as Director      For       For        Management
8     Re-elect Ronaldo Schmitz as Director      For       For        Management
9     Re-elect Lucy Shapiro as Director         For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
11    Authorise the Audit Committee to Fix      For       For        Management
      Remuneration of the Auditors
12    Approve EU Political Donations up to GBP  For       Against    Management
      50,000 and Incur EU Political Expenditure
      up to GBP 50,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 73,301,955
14    Authorise 586,415,642 Ordinary Shares for For       For        Management
      Market Purchase
15    Amend Articles of Association Re:         For       For        Management
      Shareholder Resolutions
16    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
17    Amend Articles of Association Re:         For       For        Management
      Participation of a Proxy in a Meeting


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

GROUPE DANONE

Ticker:       DA             Security ID:  FR0000120644
Meeting Date: APR 22, 2005   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 1.35 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Bruno Bonnell as Director         For       Did Not    Management
                                                          Vote
6     Reelect Michel David-Weill as Director    For       Did Not    Management
                                                          Vote
7     Reelect Jacques Nahmias as Director       For       Did Not    Management
                                                          Vote
8     Reelect Jacques Vincent as Director       For       Did Not    Management
                                                          Vote
9     Reelect Hirokatsu Hirano as Director      For       Did Not    Management
                                                          Vote
10    Reelect Jean Laurent as Director          For       Did Not    Management
                                                          Vote
11    Elect Bernard Hours as Director           For       Did Not    Management
                                                          Vote
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Authorize Issuance of Bonds/Debentures in For       Did Not    Management
      the Aggregate Value of EUR 2 Billion                Vote
14    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 45 Million
15    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 33 Million
16    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Items 14 and 15
17    Authorize Capital Increase of Up to EUR   For       Did Not    Management
      33 Million for Future Exchange Offers               Vote
18    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Exchange Offers
19    Authorize Issuance of Securities          For       Did Not    Management
      Convertible Into Debt                               Vote
20    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 33 Million for Bonus Issue or             Vote
      Increase in Par Value
21    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
22    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
23    Authorize Issuance of Up to 0.4 Percent   For       Did Not    Management
      of Issued Capital For Restricted Stock              Vote
      Plan
24    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
25    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

HSBC HOLDINGS PLC

Ticker:                      Security ID:  GB0005405286
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.a   Re-elect Sir John Bond as Director        For       For        Management
2.b   Re-elect R Ch'ien as Director             For       For        Management
2.c   Re-elect J Coombe as Director             For       For        Management
2.d   Re-elect Baroness Dunn as Director        For       For        Management
2.e   Re-elect D Flint as Director              For       For        Management
2.f   Re-elect J Hughes-Hallet as Director      For       For        Management
2.g   Re-elect Sir Brian Moffat as Director     For       For        Management
2.h   Re-elect S Newton as Director             For       For        Management
2.i   Re-elect H Sohmen as Director             For       For        Management
3     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
4     Approve Remuneration Report               For       For        Management
5     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 100,000 (Preference Shares); USD
      100,000 (Preference Shares); EUR 100,000
      (Preference Shares); and USD
      1,119,000,000 (Oridnary Shares)
6     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 279,750,000
7     Authorise 1,119,000,000 Ordinary Shares   For       For        Management
      for Market Purchase
8     Amend HSBC Holdings Savings-Related Share For       For        Management
      Option Plan
9     Amend HSBC Holdings Savings-Related Share For       For        Management
      Option Plan: International
10    Approve the HSBC US Employee Stock Plan   For       For        Management
11    Approve the HSBC Share Plan               For       For        Management
12    Amend Articles of Association Re:         For       For        Management
      Statutory and Best Practice Changes


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

INFOSYS TECHNOLOGIES LTD

Ticker:                      Security ID:  456788108
Meeting Date: JUN 11, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO RECEIVE, CONSIDER AND ADOPT THE        For       For        Management
      BALANCE SHEET AND THE PROFIT & LOSS
      ACCOUNT AND THE REPORT OF THE DIRECTORS.
2     TO DECLARE A FINAL DIVIDEND.              For       For        Management
3     TO APPOINT A DIRECTOR IN PLACE OF MR. N.R For       For        Management
      NARAYANA MURTHY, WHO RETIRES BY ROTATION
      AND OFFERS HIMSELF FOR RE-ELECTION.
4     TO APPOINT A DIRECTOR IN PLACE OF MR.     For       For        Management
      NANDAN M. NILEKANI, WHO RETIRES BY
      ROTATION AND OFFERS HIMSELF FOR
      RE-ELECTION.
5     TO APPOINT A DIRECTOR IN PLACE OF MR. K.  For       For        Management
      DINESH, WHO RETIRES BY ROTATION AND
      OFFERS HIMSELF FOR RE-ELECTION.
6     TO APPOINT A DIRECTOR IN PLACE OF MR.     For       For        Management
      CLAUDE SMADJA, WHO RETIRES BY ROTATION
      AND OFFERS HIMSELF FOR RE-ELECTION.
7     TO RESOLVE NOT TO FILL THE VACANCY FOR    For       For        Management
      THE TIME BEING IN THE BOARD, DUE TO THE
      RETIREMENT OF MR. PHILIP YEO.
8     Ratify Auditors                           For       For        Management
9     TO APPROVE THE RE-APPOINTMENT OF MR. T.V. For       For        Management
      MOHANDAS PAI AS DIRECTOR IN THE
      WHOLE-TIME EMPLOYMENT OF THE COMPANY.
10    TO APPROVE THE RE-APPOINTMENT OF MR.      For       For        Management
      SRINATH BATNI AS DIRECTOR IN THE
      WHOLE-TIME EMPLOYMENT OF THE COMPANY.
11    TO APPROVE KEEPING OF REGISTER OF         For       For        Management
      MEMBERS, INDEX OF MEMBERS, RETURNS AND
      COPIES OF CERTIFICATES AND DOCUMENTS IN
      THE OFFICE OF KARVY COMPUTERSHARE PRIVATE
      LIMITED, THE COMPANY S REGISTRAR AND
      SHARE TRANSFER AGENTS.


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

ING GROEP NV

Ticker:       ING            Security ID:  NL0000303600
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Reports of Executive and          None      None       Management
      Supervisory Boards
2b    Discussion on Profit Retention and        None      None       Management
      Distribution Policy
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Approve Allocation of Income and Total    For       For        Management
      Dividends of EUR 1.07 Per Share
4a    Approve Discharge of Executive Board      For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5a    Discuss and Approve Implementation of     For       For        Management
      Dutch Corporate Governance Code by
      Company
5b    Discuss Executive Board Profile           None      None       Management
5c    Discuss Supervisory Board Profile         None      None       Management
6a    Reelect Luella Gross Goldberg to          For       For        Management
      Supervisory Board
6b    Reelect Godfried van der Lugt to          For       For        Management
      Supervisory Board
6c    Elect Jan Hommen to Supervisory Board     For       For        Management
6d    Elect Christine Lagarde to Supervisory    For       For        Management
      Board
7     Approve Stock Option and Incentive Stock  For       For        Management
      Grants for Members of Executive Board
8a    Grant Board Authority to Issue 220        For       For        Management
      Million Ordinary Shares
      Restricting/Excluding Preemptive Rights
      (Plus 220 Million Ordinary Shares in
      Connection with Merger)
8b    Grant Board Authority to Issue 10 Million For       For        Management
      Preference B Shares in Connection with
      Conversion of ING Perpetuals III
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management


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

KBC GROUPE (FRM. KBC BANK AND INSURANCE HOLDING COMPANY)

Ticker:                      Security ID:  BE0003565737
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Discuss Consolidated Financial Statements None      Did Not    Management
      Received by Almanij SA Board                        Vote
2     Discuss Auditor Reports on Almanij SA     None      Did Not    Management
      Consolidated and Non-Consolidated                   Vote
      Financial Statements
3     Accept Almanij SA Consolidated Financial  None      Did Not    Management
      Statements                                          Vote
4     Accept Almanij SA Financial Statements    For       Did Not    Management
                                                          Vote
5     Discuss Consolidated Financial Statements None      Did Not    Management
      Received by KBC Bancassurance Holding SA            Vote
      Board
6     Discuss Auditor Reports on KBC            None      Did Not    Management
      Bancassurance Holding SA Consolidated and           Vote
      Non-Consolidated Financial Statements
7     Receive KBC Bancassurance Holding SA.     None      Did Not    Management
      Consolidated Financial Statements                   Vote
8     Accept KBC Bancassurance Holding SA       For       Did Not    Management
      Financial Statements                                Vote
9     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.84 per Share                     Vote
10    Approve Discharge of Almanaji SA          For       Did Not    Management
      Directors                                           Vote
11    Approve Discharge of KBC Bancassurance    For       Did Not    Management
      Holding SA Directors                                Vote
12    Approve Discharge of Almanaji SA Auditors For       Did Not    Management
                                                          Vote
13    Approve Discharge of KBC Bancassurance    For       Did Not    Management
      Holding SA Auditors                                 Vote
14    Reelect Luc Philips as Director           For       Did Not    Management
                                                          Vote
15    Approve Renumeration of Auditors of EUR   For       Did Not    Management
      60,000                                              Vote
16    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
17    Discuss Corporate Governance              None      Did Not    Management
                                                          Vote
18    Transact Other Business                   None      Did Not    Management
                                                          Vote


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

LAFARGE

Ticker:       LFGCY          Security ID:  FR0000120537
Meeting Date: MAY 25, 2005   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                                           Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Helene Ploix as Director          For       Did Not    Management
                                                          Vote
6     Reelect Michel Bon as Director            For       Did Not    Management
                                                          Vote
7     Reelect Bertrand Collomb as Director      For       Did Not    Management
                                                          Vote
8     Reelect Juan Gallardo as Director         For       Did Not    Management
                                                          Vote
9     Reelect Alain Joly as Director            For       Did Not    Management
                                                          Vote
10    Elect Jean-Pierre Boisivon as Director    For       Did Not    Management
                                                          Vote
11    Elect Philippe Charrier as Director       For       Did Not    Management
                                                          Vote
12    Elect Oscar Fanjul as Director            For       Did Not    Management
                                                          Vote
13    Elect Bruno Lafont as Director            For       Did Not    Management
                                                          Vote
14    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15    Authorize Issuance of Bonds/Debentures in For       Did Not    Management
      the Aggregate Value of EUR 5 Billion                Vote
16    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
17    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
18    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 135 Million
19    Authorize Capital Increase of Up to EUR   For       Did Not    Management
      68 Million for Future Acquisitions                  Vote
20    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 100 Million for Bonus Issue or            Vote
      Increase in Par Value
21    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
22    Authorize Up to One Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
23    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
A     Shareholder Proposal: Remove Voting Right Against   Did Not    Shareholder
      Limitation                                          Vote
24    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

LEGAL & GENERAL GROUP PLC

Ticker:                      Security ID:  GB0005603997
Meeting Date: APR 27, 2005   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 3.45 Pence Per  For       For        Management
      Ordinary Share
3     Re-elect Tim Breedon as Director          For       For        Management
4     Re-elect Frances Heaton as Director       For       For        Management
5     Re-elect Rob Margetts as Director         For       For        Management
6     Elect Henry Staunton as Director          For       For        Management
7     Re-elect Sir David Walker as Director     For       For        Management
8     Reappoint PricewaterhouseCoopers 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 Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,132,449
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 8,132,449
13    Authorise 325,297,974 Ordinary Shares for For       For        Management
      Market Purchase
14    Adopt New Articles of Association         For       For        Management


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

METRO AG

Ticker:                      Security ID:  DE0007257503
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          For       Did Not    Management
      Statutory Reports; Approve Allocation of            Vote
      Income and Dividends of EUR 1.02 per
      Common Share and EUR 1.12 per Preference
      Share
2     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
3     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
4     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG and Fasselt &              Vote
      Partner as Auditors for Fiscal 2005
5     Elect Theo Siegert to the Supervisory     For       Did Not    Management
      Board                                               Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Amend Articles Re: Calling of,            For       Did Not    Management
      Registration for, and Time Designation at           Vote
      Shareholder Meetings Due to Proposed
      Changes in German Law (Law on Company
      Integrity and Modernization of
      Shareholder Lawsuits)


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

NATIONAL BANK OF GREECE

Ticker:                      Security ID:  GRS003013000
Meeting Date: JUN 3, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan for Company's   For       Did Not    Management
      Executive Directors, Management Officers,           Vote
      and Staff


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

NATIONAL BANK OF GREECE

Ticker:                      Security ID:  GRS003013000
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Statutory Reports for Year Ended   For       Did Not    Management
      December31, 2004                                    Vote
2     Accept Financial Statements for Year      For       Did Not    Management
      Ended December 31, 2004                             Vote
3     Approve Discharge of Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
4     Approve Remuneration of Directors for     For       Did Not    Management
      2004 and Preapprove Directors'                      Vote
      Remuneration for 2005
5     Approve Remuneration of Directors Who Are For       Did Not    Management
      Members of the Audit Committee for 2005             Vote
6     Authorize Board and Management of the     For       Did Not    Management
      Company to Participate in Boards and                Vote
      Management of Similar Companies
7     Approve One Principal and One Substitute  For       Did Not    Management
      Auditor and Authorize Board to Fix Their            Vote
      Remuneration
8     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
9     Elect Directors and Designate Independent For       Did Not    Management
      Members                                             Vote
10    Approve Stock Option Program              For       Did Not    Management
                                                          Vote
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

NEXT PLC

Ticker:                      Security ID:  GB0032089863
Meeting Date: MAY 18, 2005   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 28 Pence Per    For       For        Management
      Ordinary Share
4     Elect Jonathan Dawson as Director         For       For        Management
5     Elect Christine Cross as Director         For       For        Management
6     Re-elect Simon Wolfson as Director        For       For        Management
7     Re-elect Andrew Varley as Director        For       For        Management
8     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
9     Approve Next Management Share Option Plan For       For        Management
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,500,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,300,000
12    Authorise 39,000,000 Ordinary Shares for  For       For        Management
      Market Purchase
13    Authorise the Company to Enter Into       For       For        Management
      Contingent Share Purchase Contracts with
      Each of Goldman Sachs International, UBS
      AG and Deutsche Bank AG.
14    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


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

NUMICO N.V.(FORMERLY NUTRICIA N.V.)

Ticker:                      Security ID:  NL0000375616
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Report of Supervisory Board and   None      Did Not    Management
      Executive Board                                     Vote
3a    Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
3b    Approve Discharge of Executive Board      For       Did Not    Management
                                                          Vote
3c    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4     Receive Explanation of Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
5     Ratify PricewaterhouseCoopers Accountants For       Did Not    Management
      N.V. as Auditors                                    Vote
6     Receive Explanation of Corporate          None      Did Not    Management
      Governance Statement                                Vote
7     Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
8a    Reelect Chris Britton to Executive Board  For       Did Not    Management
                                                          Vote
8b    Reelect Rudy Mareel to Executive Board    For       Did Not    Management
                                                          Vote
8c    Reelect Niraj Mehra to Executive Board    For       Did Not    Management
                                                          Vote
9a    Elect Steven Schuit to Supervisory Board  For       Did Not    Management
                                                          Vote
9b    Elect Marco Fossati to Supervisory Board  For       Did Not    Management
                                                          Vote
10a   Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Shares Up to Ten Percent of            Vote
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition)
10b   Authorize Board to Exclude Preemptive     For       Did Not    Management
      Rights from Issuance Under Item 10a                 Vote
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
13    Close Meeting                             None      Did Not    Management
                                                          Vote


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

OPAP (GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA )

Ticker:                      Security ID:  GRS419003009
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  MAY 25, 2005

#     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 Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
4     Approve One Principal and One Substitute  For       Did Not    Management
      Auditor and Authorize Board to Fix Their            Vote
      Remuneration
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Approve Remuneration of Directors Who Are For       Did Not    Management
      Members of Company's Board Committees               Vote
7     Elect Director in Replacement of Resigned For       Did Not    Management
      Board Member                                        Vote
8     Approve Monthly Remuneration of to        For       Did Not    Management
      Company's President for the Period                  Vote
      Between March 23, 2005 to May 31, 2005;
      Determine Monthly Remuneration Starting
      On June 1, 2005
9     Approve Contract Agreement Between New    For       Did Not    Management
      Managing Director and the Company                   Vote
10    Amend Article 5 of Company's Articles of  For       Did Not    Management
      Association Re: Share Capital and                   Vote
      Shareholding Structure
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

PERNOD RICARD

Ticker:                      Security ID:  FR0000120693
Meeting Date: JUN 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Allied Domecq B    For       Did Not    Management
      Shares in the Aggregate Amount of EUR               Vote
      2.05 Billion Pending Approval of Scheme
      of Arrangement
2     Authorize Issuance of 17.7 Million Pernod For       Did Not    Management
      Ricard Shares in Connection with                    Vote
      Acquisition of Allied Domecq B Shares
3     Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital                                             Vote
4     Mandate Chairman/CEO to Confirm Execution For       Did Not    Management
      of Approved Resolutions                             Vote
5     Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

PINAULT-PRINTEMPS-REDOUTE

Ticker:                      Security ID:  FR0000121485
Meeting Date: MAY 19, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 2.52 per Share                     Vote
5     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Account to                  Vote
      Ordinary Reserve Account
6     Confirm Name Change of Auditor to         For       Did Not    Management
      Deloitte & Associes                                 Vote
7     Ratify Societe BEAS as Alternate Auditor  For       Did Not    Management
                                                          Vote
8     Change Company Name to PPR; Amend         For       Did Not    Management
      Articles Accordingly                                Vote
9     Adopt Unitary Board Structure             For       Did Not    Management
                                                          Vote
10    Adopt New Articles of Asscociation        For       Did Not    Management
                                                          Vote
11    Elect Francois-Henri Pinault as Director  For       Did Not    Management
                                                          Vote
12    Elect Patricia Barbizet as Director       For       Did Not    Management
                                                          Vote
13    Elect Rene Barbier de la Serre as         For       Did Not    Management
      Director                                            Vote
14    Elect Pierre Bellon as Director           For       Did Not    Management
                                                          Vote
15    Elect Allan Chapin as Director            For       Did Not    Management
                                                          Vote
16    Elect Luca Cordero di Montezemolo as      For       Did Not    Management
      Director                                            Vote
17    Elect Anthony Hamilton as Director        For       Did Not    Management
                                                          Vote
18    Elect Philippe Lagayette as Director      For       Did Not    Management
                                                          Vote
19    Elect Baudouin Prot as Director           For       Did Not    Management
                                                          Vote
20    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 570,000                     Vote
21    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
22    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
23    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million; Authorize Issuance of
      Securities Convertible into Debt
24    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 200 Million; Authorize
      Issuance of Securities Convertible Into
      Debt
25    Authorize Capitalization of Reserves for  For       Did Not    Management
      Bonus Issue or Increase in Par Value                Vote
26    Authorize Board to Set Issue Price for Up For       Did Not    Management
      to Ten Percent of Capital Increase                  Vote
      Without Preemptive Rights
27    Set Global Limit for Capital Increase to  For       Did Not    Management
      Result from All Issuance Requests at EUR            Vote
      6 Billion
28    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Acquisitions
29    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
30    Authorize Up to 0.5 Percent of Issued     For       Did Not    Management
      Capital For Use in Restricted Stock Plan            Vote
31    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
32    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

RECKITT BENCKISER PLC (FORMERLY RECKITT & COLMAN PLC )

Ticker:                      Security ID:  GB0007278715
Meeting Date: MAY 5, 2005    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       Against    Management
3     Approve Final Dividend of 18 Pence Per    For       For        Management
      Share
4     Re-elect Adrian Bellamy as Director       For       For        Management
5     Re-elect George Greener as Director       For       For        Management
6     Elect Graham Mackay as Director           For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 25,438,000
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,815,000
10    Authorise 72,500,000 Shares for Market    For       For        Management
      Purchase
11    Approve Reckitt Benckiser 2005            For       Against    Management
      Savings-Related Share Option Plan
12    Approve Reckitt Benckiser 2005 Global     For       Against    Management
      Stock Profit Plan
13    Approve Reckitt Benckiser 2005 USA        For       Against    Management
      Savings-Related Share Option Plan
14    Amend Reckitt Benckiser Senior Executive  For       For        Management
      Share Ownership Policy Plan


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

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:                      Security ID:  GB0007308355
Meeting Date: APR 27, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Strauss Zelnick as Director         For       Did Not    Management
                                                          Vote


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

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:                      Security ID:  GB0007308355
Meeting Date: APR 27, 2005   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 Remuneration Report               For       Did Not    Management
                                                          Vote
3     Approve Final Dividend of 9.6 Pence Per   For       Did Not    Management
      Share                                               Vote
4     Reappoint Deloitte & Touche LLP as        For       Did Not    Management
      Auditors of the Company                             Vote
5     Authorise Board to Fix Remuneration of    For       Did Not    Management
      the Auditors                                        Vote
6     Elect Jan Hommen as Director              For       Did Not    Management
                                                          Vote
7     Elect Erik Engstrom as Director           For       Did Not    Management
                                                          Vote
8     Re-elect Mark Armour as Director          For       Did Not    Management
                                                          Vote
9     Re-elect Sir Crispin Davis as Director    For       Did Not    Management
                                                          Vote
10    Re-elect Andrew Prozes as Director        For       Did Not    Management
                                                          Vote
11    Authorise Issue of Equity or              For       Did Not    Management
      Equity-Linked Securities with Pre-emptive           Vote
      Rights up to Aggregate Nominal Amount of
      GBP 24,700,000
12    Authorise Issue of Equity or              For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,900,000
13    Authorise 127,000,000 Ordinary Shares for For       Did Not    Management
      Market Purchase                                     Vote


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

ROYAL BANK OF SCOTLAND GROUP PLC (THE)

Ticker:       RBSPRE         Security ID:  GB0007547838
Meeting Date: APR 20, 2005   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 41.2 Pence Per  For       For        Management
      Share
4     Re-elect Jim Currie as Director           For       For        Management
5     Re-elect Sir Fred Goodwin as Director     For       For        Management
6     Re-elect Sir Steve Robson as Director     For       For        Management
7     Elect Archie Hunter as Director           For       For        Management
8     Elect Charles Koch as Director            For       For        Management
9     Elect Joe MacHale as Director             For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Share      For       For        Management
      Capital; Authorise Issue of Equity or
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 264,579,936
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 39,686,990
14    Authorise 317,495,924 Shares for Market   For       For        Management
      Purchase
15    Approve 71 M Category II Non-Cumulative   For       For        Management
      US$ Pref. Shares; Allot the Newly Created
      and 179.5 M Unissued Category II
      Non-Cumulative US$ Pref. Shares, the
      64.75 M Unissued Non-Cumulative Euro
      Pref. Shares and 300 M Unissued
      Non-Cumulative GBP Pref. Shares
16    Approve Citizens Financial Group, Inc.    For       For        Management
      Long Term Incentive Plan


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

SAIPEM

Ticker:                      Security ID:  IT0000068525
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       Did Not    Management
      Reports, and Allocation of Income                   Vote
2     Authorize Repurchase of Up to 2.0 Million For       Did Not    Management
      Treasury Shares, In Any Case Within the             Vote
      Maximum Amount of EUR 24.0 Million
3     Authorize Reissuance of Up to 2.o Million For       Did Not    Management
      Treasury Shares to Service Stock Option             Vote
      Plan and Stock Grants
4.1   Fix Number of Directors                   For       Did Not    Management
                                                          Vote
4.2   Elect Directors - Majority Slate          None      Did Not    Management
                                                          Vote
4.3   Elect Directors - Minority Shareholders   None      Did Not    Management
      Slate                                               Vote
4.4   Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
5.1   Appoint Internal Statutory Auditors and   None      Did Not    Management
      its Chairman - Majority Slate                       Vote
5.2   Appoint Internal Statutory Auditors -     None      Did Not    Management
      Minority Slate                                      Vote
5.3   Approve Remuneration of Internal          For       Did Not    Management
      Statutory Auditors                                  Vote


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

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: MAY 31, 2005   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 1.20 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Ratify PricewaterhouseCoopers Audit as    For       Did Not    Management
      Auditor                                             Vote
6     Ratify Pierre Coll as Alternate Auditor   For       Did Not    Management
                                                          Vote
7     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
8     Cancel Outstanding Debt Issuance          For       Did Not    Management
      Authority                                           Vote
9     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 1.4 Billion; Authorize Global Limit
      of EUR 1.6 Billion
10    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 840 Million
11    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 500 Million for Bonus Issue or            Vote
      Increase in Par Value
12    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authorities Above
13    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
14    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
15    Authorize Up to 1 Percent of Issued       For       Did Not    Management
      Capital For Use in Restricted Stock Plan            Vote
16    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
17    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

SCHNEIDER ELECTRIC SA (FORMERLY SCHNEIDER SA)

Ticker:                      Security ID:  FR0000121972
Meeting Date: MAY 12, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party  Transactions               Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.80 per Share                     Vote
5     Elect Serge Weinberg as Director          For       Did Not    Management
                                                          Vote
6     Acknowledge the Resignation of Caisse des For       Did Not    Management
      Depots et Consignations and Appoint                 Vote
      Jerome Gallot as Director
7     Reelect Henri Lachmann as Director        For       Did Not    Management
                                                          Vote
8     Reelect Rene Barbier de La Serre as       For       Did Not    Management
      Director                                            Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 800,000                     Vote
10    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
11    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 500 Million
12    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 300 Million
13    Authorize Capital Increase for Future     For       Did Not    Management
      Exchange Offers/Acquisitions                        Vote
14    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
15    Authorize Up to Three Percent of Issued   For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
16    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

SMITH & NEPHEW PLC

Ticker:                      Security ID:  GB0009223206
Meeting Date: MAY 5, 2005    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 3.2 Pence Per   For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect John Buchanan as Director        For       For        Management
5     Re-elect Brian Larcombe as Director       For       For        Management
6     Re-elect Pamela Kirby as Director         For       For        Management
7     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 32,717,742
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,728,869
11    Authorise 93,745,121 Ordinary Shares for  For       For        Management
      Market Purchase


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

SOCIETE GENERALE

Ticker:       SCGLY          Security ID:  FR0000130809
Meeting Date: MAY 9, 2005    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     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 3.3 per Share                      Vote
3     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Absence Related-Party                     Vote
      Transactions
5     Reelect Jean Azema as Director            For       Did Not    Management
                                                          Vote
6     Reelect Elisabeth Lulin as Director       For       Did Not    Management
                                                          Vote
7     Reelect Patrick Ricard as Director        For       Did Not    Management
                                                          Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
9     Reduce Range of Board Size from 15 to 13  For       Did Not    Management
      Board Members; Reduce Number of                     Vote
      Representatives of Employee Shareholders
      From 3 to 2, and Allow Use of Electronic
      Voting for Elections of Representatives
      of Employee Shareholders
10    Amend Articles to Increase Shareholding   For       Did Not    Management
      Disclosure Threshold from 0.5 Percent to            Vote
      1.5 Percent
11    Authorize Up to One Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
12    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent Of Issued Capital for Future                Vote
      Acquisitions
A     Shareholder Proposal: Amend Articles of   Against   Did Not    Shareholder
      Association to Remove Voting Right                  Vote
      Limitation of 15 Percent
13    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

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

Ticker:       TEF            Security ID:  ES0178430E18
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       Did Not    Management
      Financial Statements, Allocation of                 Vote
      Income, and Discharge Directors
2     Approve Dividend                          For       Did Not    Management
                                                          Vote
3     Approve Merger by Absorption of Terra     For       Did Not    Management
      Networks                                            Vote
4     Elect Directors                           For       Did Not    Management
                                                          Vote
5     Approve Auditors                          For       Did Not    Management
                                                          Vote
6     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
7     Approve Reduction in Stated Capital       For       Did Not    Management
                                                          Vote
8     Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions                                Vote


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

TELENOR ASA

Ticker:                      Security ID:  NO0010063308
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Notice of Meeting                 For       For        Management
2     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
3     Approve Financial Statements, Allocation  For       For        Management
      of Income and Dividends of NOK 1.50 Per
      Share
4     Approve Remuneration of Auditors          For       For        Management
5     Approve NOK 263.2 Million Reduction in    For       For        Management
      Share Capital via Share Cancellation;
      Approve Repurchase of 23.7 Million Shares
      from the Kingdom of Norway; Approve
      Transfer of NOK 893 Million from Share
      Premium Reserve to Other Equity
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Elect Jan-Erik Korssjoen, Randi Braathe,  For       For        Management
      Jostein Devold, Rune Selmar, Hans Olav
      Karde, Nils-Edvard Olsen, Signe
      Ritterberg, Stener Lium, Hanne Harlem,
      and Marianne Lie as Members of Corporate
      Assembly; Elect Three Deputy Members of
      Corporate Assembly
8     Approve Remuneration of Members of        For       For        Management
      Corporate Assembly in the Amount of NOK
      75,000 for Chairman, NOK 35,000 for
      Deputy Chairman, NOK 25,000 for Other
      Members Per Year, and NOK 6,000 for
      Deputy Members Per Meeting
9     Reelect Reier Soeberg and Erik Must as    For       For        Management
      Members of Nominating Committee


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

TESCO PLC

Ticker:                      Security ID:  GB0008847096
Meeting Date: JUN 24, 2005   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 5.27 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Rodney Chase as Director         For       For        Management
5     Re-elect Sir Terry Leahy as Director      For       For        Management
6     Re-elect Tim Mason as Director            For       For        Management
7     Re-elect David Potts as Director          For       For        Management
8     Elect Karen Cook as Director              For       For        Management
9     Elect Carolyn McCall as Director          For       For        Management
10    Reappoint PricewaterhouseCooopers LLP as  For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Capital    For       For        Management
      from GBP 530,000,000 to GBP 535,000,000
13    Approve Scrip Dividend Program            For       For        Management
14    Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 129,200,000
15    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 19,470,000
16    Authorise 778,700,000 Ordinary Shares for For       For        Management
      Market Purchase
17    Authorise the Company to Make EU          For       Against    Management
      Political Organisation Donations up to
      GBP 100,000 and to Incur EU Political
      Expenditure up to GBP 100,000
18    Authorise Tesco Stores Ltd. to Make EU    For       Against    Management
      Political Organisation Donations up to
      GBP 100,000 and Incur EU Political
      Expenditure up to GBP 100,000
19    Authorise Tesco Ireland Ltd. to Make EU   For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
20    Authorise Tesco Vin Plus S.A. to Make EU  For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
21    Authorise Tesco Stores CR a.s. to Make EU For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
22    Authorise Tesco Stores SR a.s. to Make EU For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
23    Authorise Tesco Global Rt to Make EU      For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
24    Authorise Tesco Polska Sp z.o.o. to Make  For       Against    Management
      EU Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000


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

TOTAL SA (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  FR0000120271
Meeting Date: MAY 17, 2005   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 5.40 per Share of which            Vote
      EUR 3.00 Remains to be Distributed
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Authorize Repurchase of Up to 24.4        For       Did Not    Management
      Million Shares                                      Vote
6     Reelect Paul Desmarais Jr as Director     For       Did Not    Management
                                                          Vote
7     Reelect Bertrand Jacquillat as Director   For       Did Not    Management
                                                          Vote
8     Reelect Maurice Lippens as Director       For       Did Not    Management
                                                          Vote
9     Elect Lord Levene of Portsoken KBE as     For       Did Not    Management
      Director                                            Vote
10    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
11    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1.8 Billion
12    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
13    Authorize Up to One Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
A     Shareholder Proposal: Authorize Up to One Against   Did Not    Shareholder
      Percent of Issued Capital for Use in                Vote
      Restricted Stock Plan


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

UNILEVER PLC

Ticker:       UL             Security ID:  GB0005748735
Meeting Date: MAY 11, 2005   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       Abstain    Management
3     Approve Final Dividend of 12.82 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Patrick Cescau as Director       For       For        Management
5     Re-elect Kees Van Der Graaf as Director   For       For        Management
6     Re-elect Rudy Markham as Director         For       For        Management
7     Elect Ralph Kugler as Director            For       For        Management
8     Elect Anthony Burgmans as Director        For       For        Management
9     Re-elect Lord Brittan as Director         For       For        Management
10    Re-elect Baroness Chalker as Director     For       For        Management
11    Re-elect Bertrand Collomb as Director     For       For        Management
12    Re-elect Wim Dik as Director              For       For        Management
13    Re-elect Oscar Fanjul as Director         For       For        Management
14    Re-elect Hilmar Kopper as Director        For       For        Management
15    Re-elect Lord Simon as Director           For       For        Management
16    Re-elect Jeroen Van Der Veer as Director  For       For        Management
17    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
18    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
19    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 13,450,000
20    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,000,000
21    Authorise 290,000,000 Ordinary Shares for For       For        Management
      Market Purchase
22    Amend Articles of Association Re:         For       For        Management
      Delegation to Chief Executive
23    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
24    Approve Unilever Global Performance Share For       For        Management
      Plan 2005
25    Approve Unilever PLC 2005 ShareSave Plan  For       For        Management


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

VINCI (FORMERLY SOCIETE GENERALE D'ENTREPRISES)

Ticker:                      Security ID:  FR0000125486
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
2     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors                                 Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.2 per Share                      Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Patrick Faure as Director         For       Did Not    Management
                                                          Vote
6     Reelect Bernard Huvelin as Director       For       Did Not    Management
                                                          Vote
7     Confirm Name Change of Auditor to         For       Did Not    Management
      Deloitte & Associes                                 Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
9     Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
10    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 400 Million
11    Authorize Issuance of Convertible Bonds   For       Did Not    Management
      with Preemptive Rights                              Vote
12    Authorize Issuance of Convertible Bonds   For       Did Not    Management
      without Preemptive Rights                           Vote
13    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authorities
14    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent for Future Acquisitions                     Vote
15    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
16    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
17    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees of Vinci International                    Vote
      Subsidiaries Participating in
      Savings-Related Share Purchase Plan
18    Authorize up to Ten Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
19    Approve 2-for-1 Stock Split and Reduce    For       Did Not    Management
      Par Value from EUR 10 to EUR 5; Amend               Vote
      Articles 6 and 11 Accordingly
20    Authorize Issuance of Securities          For       Did Not    Management
      Convertible into Debt                               Vote
21    Amend Article 11 to Reduce Board Term     For       Did Not    Management
      From Six to Four Years                              Vote
22    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

VIVENDI UNIVERSAL SA (FORMERLY VIVENDI)

Ticker:                      Security ID:  FR0000127771
Meeting Date: APR 28, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.60 per Share                     Vote
5     Adopt Two-Tiered Board Structure          For       Did Not    Management
                                                          Vote
6     Adopt New Articles of Asscociation        For       Did Not    Management
                                                          Vote
7     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 1 Billion
8     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 500 Million
9     Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authority Above
10    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 500 Million for Bonus Issue or            Vote
      Increase in Par Value
11    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
12    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
13    Authorize Up to 0.5 Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
14    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
15    Elect Jean-Rene Fourtou as Supervisory    For       Did Not    Management
      Board Member                                        Vote
16    Elect Claude Bebear as Supervisory Board  For       Did Not    Management
      Member                                              Vote
17    Elect Gerard Bremond  as Supervisory      For       Did Not    Management
      Board Member                                        Vote
18    Elect Fernando Falco as Supervisory Board For       Did Not    Management
      Member                                              Vote
19    Elect Paul Fribourg as Supervisory Board  For       Did Not    Management
      Member                                              Vote
20    Elect Gabriel Hawawini as Supervisory     For       Did Not    Management
      Board Member                                        Vote
21    Elect Henri Lachmann as Supervisory Board For       Did Not    Management
      Member                                              Vote
22    Elect Pierre Rodocanachi as Supervisory   For       Did Not    Management
      Board Member                                        Vote
23    Elect Karel Van Miert as Supervisory      For       Did Not    Management
      Board Member                                        Vote
24    Elect Sarah Frank as Supervisory Board    For       Did Not    Management
      Member                                              Vote
25    Elect Patrick Kron as Supervisory Board   For       Did Not    Management
      Member                                              Vote
26    Elect Andrzej Olechowski as Supervisory   For       Did Not    Management
      Board Member                                        Vote
27    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 1.2 Million                 Vote
28    Ratify Salustro-Reydel as Auditor         For       Did Not    Management
                                                          Vote
29    Ratify Jean-Claude Reydel as Alternate    For       Did Not    Management
      Auditor to Replace Hubert Luneau                    Vote
30    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
31    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote
32-6A Amend Articles of Association Re: Voting  For       Did Not    Management
      Right Limitations                                   Vote




=============================== EMERGING MARKETS ===============================


ADVANCED SEMICONDUCTOR ENGINEERING

Ticker:       ADVA10         Security ID:  TW0002311008
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results for Fiscal Year 2004
1.2   Receive Supervisors' Report for Year 2004 None      None       Management
1.3   Receive Report on Status of Endorsements  None      None       Management
      and Guarantees
1.4   Receive Report on the Indirect Investment None      None       Management
      to China
1.5   Receive Report on Merger                  None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 0.10 per Share and Stock
      Dividend of 100 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Articles of Association             For       Against    Management
3.3   Approve Increase of Registered Capital    For       Against    Management
      and Issuance of Ordinary Shares to
      Participate the Issuance of Global
      Depository Receipt or Domestic Right
      Issue, or of Domestic Convertible Bonds
3.4   Approve Issuance of Ordinary Shares in    For       Against    Management
      Private Placement to Participate the
      Issuance of Global Depository Receipt or
      Domestic Right Issue, or Issuance of
      Convertible Bonds
3.5   Approve Investment in People's Republic   For       For        Management
      of China
4     Elect a Director                          For       For        Management
5     Other Business                            None      None       Management


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

AFRICAN BANK INVESTMENTS (FORMERLY THETA GROUP )

Ticker:                      Security ID:  ZAE000030060
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Reelect A.S. Mabogoane as Director        For       For        Management
1.2   Reelect L. Kirkinis as Director           For       For        Management
1.3   Reelect G. Schachat as Director           For       For        Management
1.4   Reelect D.F.G. Tembe as Director          For       For        Management
1.5   Reelect J.A. de Ridder as Director        For       For        Management
1.6   Reelect D.F. Woollam as Director          For       For        Management
1.7   Reelect M.L.D. Marole as Director         For       For        Management
2     Place Authorized But Unissued Shares      For       Against    Management
      under Control of Directors for Use
      Pursuant to ABIL Employee Share
      Participation Scheme
3     Approve Deloitte and Touche as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration
4     Authorize New Class of Preferred Stock    For       For        Management
      Re: 5 Million Nonredeemable,
      Noncumulative, Nonparticipating
      Preference Shares
5     Amend Articles Re: Terms and Conditions   For       For        Management
      of Nonredeemable, Noncumulative,
      Nonparticipating Preference Shares
6     Amend Article 3.2                         For       For        Management
7     Place Authorized But Unissued Preference  For       For        Management
      Shares under Control of Directors
8     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


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

AGORA SA

Ticker:                      Security ID:  PLAGORA00067
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  JUN 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman; Approve Meeting   For       Did Not    Management
      Procedures                                          Vote
3     Receive Financial Statements and          None      Did Not    Management
      Management Board Report on Company's                Vote
      Activities in 2004; Receive Consolidated
      Financial Statements and Management Board
      Report on Agora Group's Activities in
      2004
4     Approve Financial Statements and          For       Did Not    Management
      Management Board Report on Company's                Vote
      Activities in 2004
5     Approve Consolidated Financial Statements For       Did Not    Management
      and Management Board Report on Agora                Vote
      Group's Activities in 2004
6     Approve Allocation of Income and          For       Did Not    Management
      Dividends of PLN 0.50 Per Share                     Vote
7     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital for Cancellation            Vote
8.1   Approve Discharge of Wanda Rapaczynski    For       Did Not    Management
      (Management Board)                                  Vote
8.2   Approve Discharge of Piotr Niemczycki     For       Did Not    Management
      (Management Board)                                  Vote
8.3   Approve Discharge of Helena Luczywo       For       Did Not    Management
      (Management Board)                                  Vote
8.4   Approve Discharge of Zbigniew Bak         For       Did Not    Management
      (Management Board)                                  Vote
8.5   Approve Discharge of Jaroslaw Szalinski   For       Did Not    Management
      (Management Board)                                  Vote
9.1   Approve Discharge of Anna Fornalczyk      For       Did Not    Management
      (Supervisory Board)                                 Vote
9.2   Approve Discharge of Stanislaw            For       Did Not    Management
      Soltysinski (Supervisory Board)                     Vote
9.3   Approve Discharge of Tomasz Sielicki      For       Did Not    Management
      (Supervisory Board)                                 Vote
9.4   Approve Discharge of Louis Zachary        For       Did Not    Management
      (Supervisory Board)                                 Vote
9.5   Approve Discharge of Sanford Schwartz     For       Did Not    Management
      (Supervisory Board)                                 Vote
10    Elect Chairman of Supervisory Board       For       Did Not    Management
                                                          Vote
11    Amend Rules of Remuneration of            For       Did Not    Management
      Supervisory Board                                   Vote
12    Amend Statute Re: Editorial Changes       For       Did Not    Management
                                                          Vote
13    Adopt Unified Text of Statute             For       Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

AGORA SA

Ticker:                      Security ID:  PLAGORA00067
Meeting Date: OCT 20, 2004   Meeting Type: Special
Record Date:  OCT 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman; Other Procedural  For       Did Not    Management
      Items                                               Vote
3.1   Amend Statute Re: Increase in Share       For       Did Not    Management
      Capital                                             Vote
3.2   Amend Statute Re: Share Cancellation      For       Did Not    Management
                                                          Vote
3.3   Amend Statute Re: Sale or Conversion of   For       Did Not    Management
      Preferred Series A and C Shares                     Vote
3.4   Amend Statute Re: Sale of Series B Shares For       Did Not    Management
                                                          Vote
3.5   Amend Statute Re: General Meeting         For       Did Not    Management
      Authority on Real Estate Transactions               Vote
3.6   Amend Statute Re: Foreign Entities Voting For       Did Not    Management
      at General Meetings                                 Vote
3.7   Amend Statute Re: Board Committees        For       Did Not    Management
                                                          Vote
3.8   Amend Statute Re: Supervisory Board       For       Did Not    Management
      Authority on Agreements with Company's              Vote
      Affiliates
3.9   Amend Statute Re: Term of Office of       For       Did Not    Management
      Supervisory Board Members                           Vote
3.10  Amend Statute Re: Editorial Change        For       Did Not    Management
                                                          Vote
3.11  Amend Statute Re: Editorial Change        For       Did Not    Management
                                                          Vote
3.12  Amend Statute Re: Election of Management  For       Did Not    Management
      Board Members via Cooptation                        Vote
3.13  Amend Statute Re: Term of Office of       For       Did Not    Management
      Management Board Members                            Vote
3.14  Amend Statute Re: Nomination of           For       Did Not    Management
      Candidates to Management Board                      Vote
3.15  Amend Statute Re: Dividend Payout         For       Did Not    Management
                                                          Vote
3.16  Amend Statute Re: Editorial Change        For       Did Not    Management
                                                          Vote
4     Approve Unified Text of Statute           For       Did Not    Management
                                                          Vote
5     Accept International Financial Reporting  For       Did Not    Management
      Standards for Preparing Financial                   Vote
      Statements of Agora Group
6     Close Meeting                             None      Did Not    Management
                                                          Vote


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

AMATA CORPORATION PUBLIC CO LTD

Ticker:                      Security ID:  TH0617A10Z16
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     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 Allocation of Income and Dividend For       For        Management
      of Baht 0.30 per Share
5     Elect Directors                           For       For        Management
6     Approve Remuneration of Directors         For       For        Management
7     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
8     Other Business                            For       Against    Management


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

ANGLO AMERICAN PLC (FORMERLY ANGLO AME. CORP. OF S. AFRICA L

Ticker:                      Security ID:  GB0004901517
Meeting Date: APR 20, 2005   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 51 US Cents Per For       For        Management
      Share
3     Elect R Medori as Director                For       For        Management
4     Elect R Alexander as Director             For       For        Management
5     Elect D Hathorn as Director               For       For        Management
6     Elect S Thompson as Director              For       For        Management
7     Re-elect R Godsell as Director            For       For        Management
8     Re-elect A Trahar as Director             For       For        Management
9     Re-elect K Van Miert as Director          For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Remuneration Report               For       For        Management
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 248,500,000
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 37,250,000
15    Authorise 149,000,000 Shares for Market   For       For        Management
      Purchase


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

ANTOFAGASTA PLC. (FRM. ANTOFAGASTA HOLDINGS)

Ticker:                      Security ID:  GB0000456144
Meeting Date: JUN 14, 2005   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
      Share
4     Re-elect Jean-Paul Luksic as Director     For       For        Management
5     Re-elect Charles Bailey as Director       For       Against    Management
6     Re-elect Philip Adeane as Director        For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Re-elect Gonzalo Menendez as Director     For       For        Management
9     Elect Guillermo Luksic as Director        For       For        Management
10    Elect Jozsef Ambrus as Director           For       For        Management
11    Elect Juan Claro as Director              For       For        Management
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 492,928


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

BANK LEUMI LE-ISRAEL

Ticker:                      Security ID:  IL0006046119
Meeting Date: FEB 1, 2005    Meeting Type: Special
Record Date:  JAN 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Dividend of 65.6 Percent of Net   For       For        Management
      Profit for Nine Month Period Ending Sep.
      30, 2004
2     Approve Director/Officer Liability and    For       Against    Management
      Indemnification Insurance
3     Elect Israel Gilad as External Director   For       For        Management


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

BANK LEUMI LE-ISRAEL

Ticker:                      Security ID:  IL0006046119
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  JUN 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports (Voting)
2     Reelect I. Hoffi as External Director     For       For        Management
3a    Elect R. Guzman as Director               For       For        Management
3b    Elect Y. Mashal as Director               For       For        Management
3c    Elect Z. Koren as Director                For       For        Management
4     Approve Compensation of Directors         For       For        Management
5     Approve Kost Forer Gabbay & Kasierer and  For       For        Management
      Somekh Chaikin as Joint Auditors and
      Authorize Board to Fix Their Remuneration
6a    Amend Articles of Association             For       For        Management
6b    Amend Articles of Association             For       For        Management
6c    Amend Articles of Association             For       For        Management
6d    Amend Articles of Association             For       For        Management
6e    Amend Articles of Association             For       For        Management
6f    Amend Articles of Association             For       Against    Management
6g    Amend Articles of Association             For       For        Management
7     Approve Resolutions Concerning Approval   For       For        Management
      of Holding of Positions and Disclosure by
      Officers
8     Approve Bonus for Board Chairman Eitan    For       Against    Management
      Raff
9     Renew Director/Officer Liability and      For       Against    Management
      Indemnification Insurance


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

BANPU PUBLIC COMPANY LTD.

Ticker:                      Security ID:  TH0148010018
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     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 Allocation of Income and Final    For       For        Management
      Dividend of Baht 3.25 per Share
5.1   Elect Directors                           For       For        Management
5.2   Approve Remuneration of Directors         For       For        Management
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Other Business                            For       Against    Management


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

BOYNER BUYUK MAGAZACILIK (FORMERLY CARSI BUYUK MAGAZACILIK).

Ticker:                      Security ID:  TRACARSI91J0
Meeting Date: APR 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
5     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
6     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
7     Elect Directors; Determine Their Terms of For       Did Not    Management
      Office and Elect Independent External               Vote
      Auditors
8     Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
9     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
10    Wishes                                    None      Did Not    Management
                                                          Vote


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

CATHAY FINANCIAL HOLDING COMPANY

Ticker:                      Security ID:  TW0002882008
Meeting Date: JUN 3, 2005    Meeting Type: Annual
Record Date:  APR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.50 per Share
3.1   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
3.2   Amend Articles of Association             For       Against    Management
4     Other Business                            For       Against    Management


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

CATHAY PACIFIC AIRWAYS

Ticker:                      Security ID:  HK0293001514
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Final Dividends                   For       Did Not    Management
                                                          Vote
2a    Reelect Martin CUBBON as Director         For       Did Not    Management
                                                          Vote
2b    Reelect James Wyndham John HUGHES-HALLETT For       Did Not    Management
      as Director                                         Vote
2c    Reelect YUEN Lik Hang Raymond as Director For       Did Not    Management
                                                          Vote
3     Reappoint KPMG as Auditors and Authorize  For       Did Not    Management
      Board to Fix Their Remuneration                     Vote
4     Approve Repurchase of Up to 10 Percent of For       Did Not    Management
      Issued Capital                                      Vote
5     Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights
6     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


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

CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:       CZME70         Security ID:  BRCMIGACNPR3
Meeting Date: APR 29, 2005   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 Payment of Interest Over Capital  For       Did Not    Management
      and Dividends                                       Vote
4     Elect Supervisory Board Members, Their    For       Did Not    Management
      Alternates and Fix their Remuneration               Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote


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

CEMIG, COMPANHIA ENERGETICA DE MINAS GERAIS

Ticker:       CZME70         Security ID:  BRCMIGACNPR3
Meeting Date: JAN 18, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
2     Modification of Board Composition and     None      Did Not    Shareholder
      Subsequent Election of  Directors and               Vote
      Alternates Through Cumulative Voting in
      Light of Resignation of Board Member


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

COLBUN S.A. (FRMRLY. EMPRESA ELECTRICA COLBUN MACHICURA)

Ticker:                      Security ID:  CLP3615W1037
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Present Auditor's and Supervisory's       For       For        Management
      Reports
2     Accept Financial Statements and Statutory For       For        Management
      Reports for Fiscal Year Ended 12-31-04
3     Approve Allocation of Income and          For       For        Management
      Dividends
4     Approve Investment and Financing Policy   For       For        Management
5     Approve Dividend and Income Allocation    For       For        Management
      PolicyDividend Policy
6     Approve Auditors for 2005                 For       For        Management
7     Elect Supervisory Board and Fix Their     For       For        Management
      Remuneration
8     Elect Directors                           For       For        Management
9     Approve Remuneration of Directors         For       For        Management
10    Accept Report on Audit Committee's        For       For        Management
      Performance
11    Approve Budget and Remuneration for       For       For        Management
      Directors' Committee (Audit Committee)
12    Approve Special Auditors' Report          None      None       Management
      Regarding Related-Party Transactions
13    Other Business (Voting)                   For       Against    Management


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

COMMERCE ASSET-HOLDING BERHAD

Ticker:                      Security ID:  MYL1023OO000
Meeting Date: APR 18, 2005   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, 2004
2     Approve First and Final Dividend of MYR   For       For        Management
      0.10 Per Share Less Income Tax and
      Special Dividend of MYR 0.05 Per Share
      Less Income Tax for the Financial Year
      Ended Dec. 31, 2004
3     Elect Mohd Desa Pachi as Director         For       For        Management
4     Elect Anwar Aji as Director               For       For        Management
5     Elect Roslan A. Ghaffar as Director       For       For        Management
6     Elect Izlan Izhab as Director             For       For        Management
7     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR 60,000 Per Director Per
      Annum for the Financial Year Ended Dec.
      31, 2004
8     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize 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
10    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


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

COMMERCE ASSET-HOLDING BERHAD

Ticker:                      Security ID:  MYL1023OO000
Meeting Date: AUG 23, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt New Memorandum of Association and   For       For        Management
      Articles of Association
1     Approve Issuance of Up To $125 Million    For       For        Management
      Nominal Value 5-Year Guaranteed
      Redeemable Convertible Bonds by a Special
      Purpose Vehicle to be a Wholly-Owned
      Subsidiary of the Company which would be
      Incorporated in the Federal Territory of
      Labuan
2     Amend Bye Laws Re: Increase in Maximum    For       Against    Management
      Number of New CAHB Shares to be Made
      Available Under the Scheme from 10
      Percent to 15 Percent of Total Issued and
      Paid-Up Capital at the Time of the Offer
      and Participation of Non-Executive
      Directors in the Scheme
3     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Mohd Desa Pachi
4     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Anwar Aji
5     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Mohd Salleh Mahmud
6     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Asmat Kamaludin
7     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Roslan A Ghaffar
8     Approve Employees Share Option Scheme     For       Against    Management
      Grants to Izlan bin Izhab


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

COMPANHIA VALE DO RIO DOCE

Ticker:       RIO.PR         Security ID:  204412209
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 29, 2005

#     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, 2004.
2     PROPOSAL FOR THE DESTINATION OF THE       For       For        Management
      PROFITS OF THE SAID FISCAL YEAR AND
      APPROVAL OF THE INVESTMENT BUDGET OF THE
      COMPANY.
3     ELECTION OF THE MEMBERS OF THE BOARD OF   For       For        Management
      DIRECTORS.
4     ELECTION OF THE MEMBERS OF THE FISCAL     For       For        Management
      COUNCIL.
5     ESTABLISHMENT OF THE REMUNERATION OF THE  For       For        Management
      SENIOR MANAGEMENT AND FISCAL COUNCIL
      MEMBERS.
6     PROPOSAL FOR THE INCREASE OF CAPITAL, VIA For       For        Management
      CAPITALIZATION OF RESERVES, WITHOUT ISSUE
      OF SHARES, AND WITH THE CONSEQUENT
      ALTERATION OF THE MAIN SECTION OF ARTICLE
      5 OF THE COMPANY BYLAWS.
7     NEW VERSION OF CVRD S DIVIDEND POLICY.    For       For        Management


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

COMPANIA DE MINAS BUENAVENTURA S.A.

Ticker:       BVN            Security ID:  204448104
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE ANNUAL REPORT, BALANCE    For       For        Management
      SHEET, PROFIT AND LOSS STATEMENT AND
      OTHER FINANCIAL STATEMENTS OF THE YEAR
      ENDED DECEMBER 31, 2004.
2     DELEGATION TO THE AUDIT COMMITTEE OF THE  For       For        Management
      DESIGNATION OF THE EXTERNAL AUDITORS FOR
      THE YEAR 2005.
3     DISTRIBUTION OF DIVIDENDS.                For       For        Management
4     AMENDMENT TO THE ARTICLE 33 OF THE        For       For        Management
      COMPANY S BY-LAWS IN ORDER TO HOLD
      VIRTUAL MEETINGS.
5     ELECTION OF THE BOARD OF DIRECTORS FOR    For       For        Management
      THE PERIOD 2005-2007.


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

COSCO PACIFIC LIMITED

Ticker:                      Security ID:  BMG2442N1048
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAY 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a1   Reelect XU Lirong as Director             For       For        Management
3a2   Reelect WONG Tin Yau, Kelvin as Director  For       For        Management
3a3   Reelect LIU Lit Man as Director           For       For        Management
3a4   Reelect KWONG Che Keung, Gordon as        For       For        Management
      Director
3b    Authorize Board to Fix Their Remuneration For       For        Management
4     Reappoint PricewaterhouseCoopers 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
6     Amend Bylaws Re: Use by Directors of      For       For        Management
      Conference Telephone, Electronic or Other
      Communications Equipment at General
      Meetings, Retirement by Rotation of
      Directors


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

COSCO PACIFIC LIMITED

Ticker:                      Security ID:  BMG2442N1048
Meeting Date: OCT 5, 2004    Meeting Type: Special
Record Date:  SEP 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Approximately      For       For        Management
      163.7 Million Non-Publicly Tradeable
      State-Owned Legal Person Shares in the
      Capital of China Intl. Marine Containers
      (Group) Co. Ltd. by COSCO Container
      Industries Ltd. from China Ocean Shipping
      (Group) Co. Ltd.


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

DENIZBANK A.S.

Ticker:                      Security ID:  TREDZBK00015
Meeting Date: DEC 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Authorize Increase in Capital from TRL    For       Did Not    Management
      290 Trillion to TRL 316 Trillion                    Vote
4     Approve Discharge of Board                For       Did Not    Management
                                                          Vote
5     Fix Number of Directors at Seven; Elect   For       Did Not    Management
      Directors; Determine Their Terms of                 Vote
      Office
6     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
7     Grant Permission for Board Members to     For       Did Not    Management
      Individually Sign on Behalf of Company              Vote
      and Be Involved with Companies with
      Similar Corporate Purpose
8     Wishes                                    None      Did Not    Management
                                                          Vote


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

DENIZBANK A.S.

Ticker:                      Security ID:  TREDZBK00015
Meeting Date: MAR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
5     Elect Internal Auditors and Determine     For       Did Not    Management
      Their Terms of Office                               Vote
6     Approve Remuneration of Internal Auditors For       Did Not    Management
                                                          Vote
7     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8     Ratify KPMG - Akis Serbest Muhasebeci     For       Did Not    Management
      Mali Musavirlik A.S. as Independent                 Vote
      External Auditors
9     Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
10    Authorize Issuance of Bonds and/or        For       Did Not    Management
      Commercial Papers                                   Vote
11    Wishes                                    None      Did Not    Management
                                                          Vote


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

DENWAY MOTORS LTD. (FORMERLY DENWAY INVESTMENT)

Ticker:                      Security ID:  HK0203009524
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:  MAY 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a    Reelect ZHANG Baoqing as Director         For       For        Management
3b    Reelect LEE Ka Lun as Director            For       For        Management
3c    Reelect CHEUNG Doi Shu as Director        For       For        Management
3d    Reelect FUNG Ka Pun as Director           For       For        Management
3e    Authorize Board to Fix the Remuneration   For       For        Management
      of the Directors
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       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Amend Articles Re: Retirement by Rotation For       For        Management
      of Directors


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

DIAGNOSTICOS DA AMERICA SA

Ticker:                      Security ID:  BRDASAACNOR1
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
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     Elect Members to the Board of Directors   For       Did Not    Management
                                                          Vote
4     Approve Aggregate Annual Remuneration of  For       Did Not    Management
      Directors                                           Vote


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

DIGI.COM BERHAD (FORMERLY DIGI SWISSCOM)

Ticker:                      Security ID:  MYL6947OO005
Meeting Date: MAY 10, 2005   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, 2004
2     Elect Arve Johansen as Director           For       For        Management
3     Elect Christian Storm as Director         For       For        Management
4     Elect Ragnar Holmen Korsaeth as Director  For       For        Management
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     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
7     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Telenor ASA and Persons
      Connected with Telenor
8     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Persons Connected with
      Seri Vincent Tan Chee Yioun


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

DOGAN SIRKETLER GRUBU

Ticker:                      Security ID:  TRADOHOL91Q8
Meeting Date: DEC 21, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Increase Authorized Capital from TRL 600  For       Did Not    Management
      Trillion to TRL 2 Quadrillion                       Vote
4     Wishes                                    None      Did Not    Management
                                                          Vote


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

DONGKUK STEEL MILL CO. LTD.

Ticker:                      Security ID:  KR7001230002
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     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 to Expand For       Against    Management
      Permitted Lines of Business
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


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

E&O PROPERTY DEVELOPMENT BHD (FRMLY KAMUNTING CORP)

Ticker:                      Security ID:  MYL3468OO005
Meeting Date: SEP 29, 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 Mar.
      31, 2004
2     Approve Remuneration of Directors in the  For       For        Management
      Amount of MYR168,241 for the Financial
      Year Ended Mar. 31, 2004
3     Elect Ong Aun Kung as Director            For       For        Management
4     Elect Kamil Ahmad Merican as Director     For       For        Management
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     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
7     Amend the Following Articles of the       For       For        Management
      Articles of Association: Article 2 Re:
      Definition of Subsidiaries of Bursa
      Malaysia Bhd; and Articles 102, 102A,
      102B and 120 Re: Participation of
      Directors in Meetings Through Any
      Instantaneous Telecommunication Device


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

E&O PROPERTY DEVELOPMENT BHD (FRMLY KAMUNTING CORP)

Ticker:                      Security ID:  MYL3468OO005
Meeting Date: SEP 29, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Proposed Special Issue of an      For       Against    Management
      Aggregate of 95 Million New Ordinary
      Shares of MYR0.50 Each in E&O Property
      Development Bhd to Identified Bumiputera
      Investors
2     Approve Proposed Allotment and Issuance   For       Against    Management
      of Up to 55.7 Million Special Issue
      Shares to Kamil Ahmad Merican
3     Approve Proposed Allotment and Issuance   For       Against    Management
      of Up to 55 .7 Million Special Issue
      Shares to Nik Mohd Zain bin Nik Yusof
4     Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions


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

EDGARS CONSOLIDATED STORES (FORMERLY EDGARS STORES LTD.)

Ticker:                      Security ID:  ZAE000018388
Meeting Date: JUL 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Mar. 27, 2004
2.1   Approve Remuneration of Chairman in the   For       For        Management
      Amount of ZAR 250,000
2.2   Approve Remuneration of Chairman of Audit For       For        Management
      and Risk Committee in the Amount of ZAR
      100,000
2.3   Approve Remuneration of Chairman of       For       For        Management
      Remuneration and Nominations Committee in
      the Amount of ZAR 50,000
2.4   Approve Remuneration of Directors in the  For       For        Management
      Amount of ZAR 90,000
2.5   Approve Remuneration of Members of Audit  For       For        Management
      and Risk Committee in the Amount of ZAR
      40,000
2.6   Approve Remuneration of Members of        For       For        Management
      Remuneration and Nominations Committee in
      the Amount of ZAR 20,000
2.7   Approve Remuneration of Members of        For       For        Management
      Customer Service Committee in the Amount
      of ZAR 20,000
2.8   Approve Remuneration of Members of        For       For        Management
      Transformation Committee in the Amount of
      ZAR 20,000
3.1   Reelect Z.B. Ebrahim as Director          For       For        Management
3.2   Reelect T.N. Eboka as Director            For       For        Management
3.3   Reelect A.J. Aaron as Director            For       For        Management
3.4   Reelect P.L. Wilmot as Director           For       For        Management
3.5   Reelect J.L. Spotts as Director           For       For        Management
3.6   Reelect S.D.M. Zungu as Director          For       For        Management
      Appointed During the Year
4     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
5     Amend Articles of Association Re:         For       For        Management
      Increase Quorum for Board Decisions to
      Seven Directors
6     Amend Articles of Association Re: Annual  For       For        Management
      Reelection of Chairman


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

EGYPTIAN COMPANY FOR  MOBILE SERVICES-MOBINIL

Ticker:                      Security ID:  EGS48011C018
Meeting Date: DEC 16, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Decisions Inherent to Dividends           For       Did Not    Management
      Distribution to be Paid Out of Legal                Vote
      Reserves
2     Approve Changes to Board                  For       Did Not    Management
                                                          Vote


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

EGYPTIAN COMPANY FOR  MOBILE SERVICES-MOBINIL

Ticker:                      Security ID:  EGS48011C018
Meeting Date: JUL 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       Did Not    Management
                                                          Vote
2     Accept Auditors Report                    For       Did Not    Management
                                                          Vote
3     Approve Financial Statement and           For       Did Not    Management
      Allocation of Income for Period Ended               Vote
      6-30-04


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

EMPRESA NACIONAL DE ELECTRICIDAD S.A. ENDESA

Ticker:       EOC            Security ID:  CLP3710M1090
Meeting Date: APR 8, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Article 1 Regarding the Change in   For       For        Management
      Company's Name to Endesa Chile from
      Endesa
2     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

EMPRESA NACIONAL DE ELECTRICIDAD S.A. ENDESA

Ticker:       EOC            Security ID:  CLP3710M1090
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Annual Report, Financial           For       Did Not    Management
      Statements and Report of Independent                Vote
      Accountants and Inspectors of Accounts
      for Year Ended 12-31-04
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
3     Approve Dividend Policy                   For       Did Not    Management
                                                          Vote
4     Approve Investment and Financing Policy   For       Did Not    Management
      Proposed by Board of Directors                      Vote
5     Approve Remuneration of Board of          For       Did Not    Management
      Directors                                           Vote
6     Approve Remuneration and Budget of        For       Did Not    Management
      Committee of Directors                              Vote
7     Present Report from the Committee of      For       Did Not    Management
      Directors                                           Vote
8     Approve External Auditors                 For       Did Not    Management
                                                          Vote
9     Elect Two Supervisory Board Members and   For       Did Not    Management
      Their Alternates; Approve Remuneration              Vote
10    Approve Special Auditors' Report          None      Did Not    Management
      Regarding Related-Party Transactions                Vote
      Pursuant to Article 44 Law 18
11    Amend Article 1 of the Company's Bylaws   For       Did Not    Management
      to Reflect the Acceptance of ENDESA or              Vote
      ENDESA Chile as the Company's Short Name
12    Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions With Respect to Item           Vote
      11


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

EMPRESAS ICA S. A.

Ticker:       ICA            Security ID:  MXP371491046
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Present Report on Financial Statements    For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 12-31-04
2     Accept Supervisory Board's Report         For       For        Management
3     Accept Audit Committee's Report           For       For        Management
4     Accept Financial Statements and Statutory For       For        Management
      Reports for Fiscal Year Ended 12-31-04
5     Approve Allocation of Income and          For       For        Management
      Dividends
6     Elect Members to the Board of Directos,   For       For        Management
      Supervisory Board, Board Secretary and
      Their Respective Alternates
7     Approve Remuneration for Directors and    For       For        Management
      Supervisory Board Members
8     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

EMPRESAS ICA S. A.

Ticker:       ICA            Security ID:  MXP371491046
Meeting Date: APR 21, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: (1)Prevention of       For       Against    Management
      Acquisition of Shares that Would Lead to
      Control of Company without Board Approval
      and (2) Necessary Actions to Provide
      Opinions of Audit Committee and Approval
      of Board Regarding Actions by
      Subsidiaries
2     Cancel Shares in Circulation, Issue and   For       Against    Management
      Exchange New Titles of Shares
      Representing Capital
3     Approve Revised Bylaws to Incorporate New For       Against    Management
      Changes
4     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

EMPRESAS ICA S. A.

Ticker:       ICA            Security ID:  MXP371491046
Meeting Date: NOV 19, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles                            For       Did Not    Management
                                                          Vote
2     Consolidate Amendments to Articles        For       Did Not    Management
                                                          Vote
3     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote


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

FORMOSA PETROCHEMICAL CORP

Ticker:                      Security ID:  TW0006505001
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
2     Approve Financial Statements, Allocation  For       Did Not    Management
      of Income and Cash Dividend of NTD 3.6              Vote
      per Share and Stock Dividend of 60 Shares
      per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
3.2   Amend Articles of Association             For       Did Not    Management
                                                          Vote
4     Other Business                            For       Did Not    Management
                                                          Vote


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

FOXCONN INTERNATIONAL HOLDINGS LTD

Ticker:                      Security ID:  KYG365501041
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:  JUN 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Reelect Dai Feng Shuh as Director and     For       For        Management
      Authorize Board to Fix His Remuneration
2b    Reelect Chang Ban Ja, Jimmy as Director   For       For        Management
      and Authorize Board to Fix His
      Remuneration
2c    Reelect Gou Hsiao Ling as Director and    For       For        Management
      Authorize Board to Fix Her Remuneration
2d    Reelect Lee Jin Ming as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
2e    Reelect Lu Fang Ming as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
2f    Reelect Lau Siu Ki as Director and        For       For        Management
      Authorize Board to Fix His Remuneration
2g    Reelect Edward Fredrick Pensel as         For       For        Management
      Director and Authorize Board to Fix His
      Remuneration
2h    Reelect Mao Yu Lang as Director and       For       For        Management
      Authorize Board to Fix His Remuneration
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       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Share Scheme
8     Amend Articles Re: Reelection of          For       For        Management
      Directors


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

GEM TEK TECHNOLOGY CO LTD

Ticker:                      Security ID:  TW0004906003
Meeting Date: JUN 20, 2005   Meeting Type: Annual
Record Date:  APR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Report on Code of Ethics for      None      Did Not    Management
      Directors and Supervisors                           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 3.3387 per Share and                Vote
      Stock Dividend of 184.2 Shares per 1000
      Shares
3     Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
4     Other Business                            For       Did Not    Management
                                                          Vote


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

GOLD FIELDS LIMITED

Ticker:       DRFNY          Security ID:  ZAE000018123
Meeting Date: DEC 7, 2004    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Gold Fields' Non-South    For       For        Management
      African Development Community Assets to
      IAMGold Group
2     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

GOLD FIELDS LIMITED

Ticker:       DRFNY          Security ID:  ZAE000018123
Meeting Date: NOV 16, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2     Reelect K. Ansah as Director              For       For        Management
3     Reelect G.R. Parker as Director           For       For        Management
4     Reelect T.M.G. Sexwale as Director        For       For        Management
5     Reelect C.M.T. Thompson as Director       For       For        Management
6     Reelect P.J. Ryan as Director             For       For        Management
7     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
9     Approve Increase of Directors Fees        For       For        Management
10    Approve Special Fee for Chairman In the   For       For        Management
      Amount of ZAR 167,000 for Period of March
      1, 2004 to December 31, 2004
11    Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
12    Amend Article 33 of Company's Articles of For       For        Management
      Association Re: Indemnity


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

GRUPO MEXICO SA DE CV (FM. NUEVA GR. MEXICO SACV)

Ticker:                      Security ID:  MXP370841019
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       For        Management
      Financial Statements and Statutory
      Reports for Grupo Mexico and its
      Subsidiaries for Fiscal Year Ended
      12-31-04; Accept Report From Supervisory
      Board
2     Accept Audit Committee Report             For       For        Management
3     Approve Allocation of Income              For       For        Management
4     Approve Share Repurchase Plan and Set     For       For        Management
      Aggregate Nominal Amount of Share
      Repurchase Reserve
5     Elect Members to the Board, Supervisory   For       For        Management
      Board, Executive Committee, and
      Remuneration Committee
6     Approve Remuneration of Directors, Board  For       For        Management
      Committees and Supervisory Board
7     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

GRUPO MEXICO SA DE CV (FM. NUEVA GR. MEXICO SACV)

Ticker:                      Security ID:  MXP370841019
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 1:3 Stock Split of Series B       For       For        Management
      Shares
2     Amend Article6 of the Bylaws to Reflect   For       For        Management
      the Split
3     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

HANA BANK

Ticker:                      Security ID:  KR7002860005
Meeting Date: MAR 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements              For       For        Management
2     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 750 Per Share
3     Amend Articles of Incorporation Re:       For       For        Management
      Methods of Notification of Shareholder
      Meetings, Payment of Quarterly Dividends
4.1   Elect Directors                           For       For        Management
4.2   Elect Members of Audit Committee          For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors
6     Approve Stock Option Grants               For       For        Management


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

HANMI PHARM CO.

Ticker:                      Security ID:  KR7008930000
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 500 Per Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Permitted Business Objectives
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


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

HIGH TECH COMPUTER CORP

Ticker:                      Security ID:  TW0002498003
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results of FY 2004
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Indirect Investments in None      None       Management
      Mainland China
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 5 per Share and Stock
      Dividend of 200 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
3     Other Business                            For       Against    Management


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

HONAM PETROCHEMICAL CORPORATION

Ticker:                      Security ID:  KR7011170008
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1000 Per Share
2     Amend Articles of Incorporation to        For       For        Management
      Replace Internal Auditor with Audit
      Committee
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


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

HYNIX SEMICONDUCTOR INC. (FRMRLY. HYUNDAI ELECTRONIC IND.)

Ticker:                      Security ID:  KR7000660001
Meeting Date: JUL 23, 2004   Meeting Type: Special
Record Date:  JUN 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Company's System IC       For       For        Management
      Business Unit to System Semiconductor
      Ltd.


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

HYNIX SEMICONDUCTOR INC. (FRMRLY. HYUNDAI ELECTRONIC IND.)

Ticker:                      Security ID:  KR7000660001
Meeting Date: MAR 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income, with No  For       For        Management
      Dividends
2     Elect Directors                           For       For        Management
3     Elect Members of Audit Committee          For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors


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

HYUNDAI MERCHANT MARINE

Ticker:                      Security ID:  KR7011200003
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income, with No  For       For        Management
      Dividends
2     Amend Articles of Incorporation to        For       Against    Management
      Increase Authorized Preferred Share
      Capital, Authorize Issuance of Warrants
      and Convertible Bonds, Require Majority
      of Directors to Be Outsiders
3.1   Elect Outside Directors                   For       For        Management
3.2   Elect Member of Audit Committee           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors


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

IMPALA PLATINUM HOLDINGS LTD.

Ticker:                      Security ID:  ZAE000003554
Meeting Date: OCT 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2.1   Reelect R.S.N. Dabengwa as Director       For       For        Management
      Appointed During the Year
2.2   Reelect K. Mokhele as Director Appointed  For       For        Management
      During the Year
2.3   Reelect N.D.B. Orleyn as Director         For       For        Management
      Appointed During the Year
2.4   Reelect F.J.P. Roux as Director Appointed For       For        Management
      During the Year
2.5   Reelect L.C. van Vught as Director        For       For        Management
      Appointed During the Year
3.1   Reelect C.R. Markus as Director           For       For        Management
3.2   Reelect J.M. McMahon as Director          For       For        Management
3.3   Reelect J.V. Roberts as Director          For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
6     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
7     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


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

ITISSALAT AL-MAGHRIB (MAROC TELECOM)

Ticker:                      Security ID:  MA0000011371
Meeting Date: APR 8, 2005    Meeting Type: Annual
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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends in the Amount of DH 5 Per Share           Vote
5     Ratify Appointment of Jean-Rene Fourtou   For       Did Not    Management
      as Director                                         Vote
6     Ratify Appointment of Frank Esser as      For       Did Not    Management
      Director                                            Vote
7     Ratify Appointment of Abdelaziz Talbi as  For       Did Not    Management
      Director                                            Vote
8     Ratify M. Abdelaziz Almechatt as Auditor  For       Did Not    Management
                                                          Vote
9     Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: JAN 20, 2005   Meeting Type: Special
Record Date:  DEC 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Consolidated Industrial Services  For       For        Management
      Agreement Between Jiangxi Copper Corp.
      (JCC) and Jiangxi Copper Co. Ltd. (the
      Company) for the Provision of Various
      Industrial Services
2     Approve Consolidated Supply Agreement     For       For        Management
      Between JCC and the Company for the
      Supply of Materials, Raw Materials and
      Parts
3     Approve Consolidated Miscellaneous        For       For        Management
      Services Agreement Between JCC and the
      Company for the Provision of Various
      Social, Medical and Education Services
      and Pension Scheme


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

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: JUL 29, 2004   Meeting Type: Special
Record Date:  JUN 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve New Processing Agreement Entered  For       For        Management
      into Between the Company and Jiangxi
      Copper Corporation
2     Approve the Copper Cathode Supply         For       For        Management
      Agreement Entered into Between the
      Company, Jiangxi Copper Products Co. Ltd.
      and Jiangxi Copper Corporation
3     Amend Articles Re: Voting at General      For       For        Management
      Meetings, Material Interest of Directors
      in Contracts Entered into by the Company,
      Nomination of Directors


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

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: NOV 26, 2004   Meeting Type: Special
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in A Shares Equal to the For       For        Management
      Number of A Shares to be Issued Pursuant
      to the Conversion of the Convertible
      Bonds and Issue of Not More than RMB2
      Billion Convertible Bonds Convertible
      into New A Shares


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

JIANGXI COPPER

Ticker:                      Security ID:  CN0009070615
Meeting Date: NOV 26, 2004   Meeting Type: Special
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in A Shares Equal to the For       For        Management
      Number of A Shares to be Issued Pursuant
      to the Conversion of the Convertible
      Bonds and Issue of Not More than RMB2
      Billion Convertible Bonds Convertible
      into New A Shares
2     Approve Use of Previous Proceeds from the For       For        Management
      Issue of 230 Million A Shares
3     Approve Use of Proceeds from the Issue of For       For        Management
      Up to RMB2 Billion Convertible Bonds
      Convertible into New A Shares
4     Approve Agreement between Jiangxi Copper  For       For        Management
      Company Ltd. and Jiangxi Copper
      Corporation for the Acquisition of the
      Operating Assets, Related Liabilities and
      Mining Right of Chengmenshan Mine at a
      Consideration of RMB378.2 Million


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

KGHM POLSKA MIEDZ S.A.

Ticker:                      Security ID:  PLKGHM000017
Meeting Date: JUL 1, 2004    Meeting Type: Special
Record Date:  JUN 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Receive Consolidated Financial Statements None      Did Not    Management
      and Management Board Report                         Vote
6     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
7     Approve Supervisory Board Report          For       Did Not    Management
                                                          Vote
8a    Approve Management Board Report           For       Did Not    Management
                                                          Vote
8b    Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
9     Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
10    Close Meeting                             None      Did Not    Management
                                                          Vote


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

KGHM POLSKA MIEDZ S.A.

Ticker:                      Security ID:  PLKGHM000017
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:  JUN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Receive Financial Statements and          None      Did Not    Management
      Management Board Report on Company's                Vote
      Activities in 2004
6     Receive Management Board Proposal on      None      Did Not    Management
      Allocation of 2004 Income and Covering of           Vote
      Losses from Previous Years
7     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
8     Approve Supervisory Board Report          For       Did Not    Management
                                                          Vote
9.1   Approve Management Board Report on        For       Did Not    Management
      Company's Activities in 2004                        Vote
9.2   Approve Financial Statements              For       Did Not    Management
                                                          Vote
9.3   Approve Allocation of Income and Covering For       Did Not    Management
      of Losses from Previous Years                       Vote
10.1  Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
10.2  Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
11    Receive Consolidated Financial Statements None      Did Not    Management
      and Management Board Report on KGHM                 Vote
      Polska Miedz S.A. Group's Activities in
      2004
12    Receive Supervisory Board Report Re:      None      Did Not    Management
      Evaluation of Consolidated Financial                Vote
      Statements and Management Board Report on
      KGHM Polska Miedz S.A. Group's Activities
      in 2004
13    Approve Supervisory Board Report Re:      For       Did Not    Management
      Evaluation of Consolidated Financial                Vote
      Statements and Management Board Report on
      KGHM Polska Miedz S.A. Group's Activities
      in 2004
14.1  Approve Management Board Report on KGHM   For       Did Not    Management
      Polska Miedz S.A. Group's Activities in             Vote
      2004
14.2  Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
15    Approve Settlement of Effects of          For       Did Not    Management
      Hyperinflationary Revaluation of Share              Vote
      Capital (to Be Presented in Consolidated
      Financial Statements)
16    Approve Sale of Zaklad Gospodarki Woda w  For       Did Not    Management
      Lublinie                                            Vote
17    Accept Company's Annual Statement to      For       Did Not    Management
      Warsaw Stock Exchange Re: Acceptance by             Vote
      Company of 'Best Practices in Public
      Companies in 2005'
18    Amend Statute Re: Independent Board       For       Did Not    Management
      Members; Removal of Agenda Items from               Vote
      Meeting Agenda
19    Amend Regulations on General Meetings     For       Did Not    Management
                                                          Vote
20.1  Fix Number of Supervisory Board Members   For       Did Not    Management
                                                          Vote
20.2  Confim Validity of Election of            For       Did Not    Management
      Supervisory Board Members Elected by                Vote
      Company Employees
20.3  Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
21    Close Meeting                             None      Did Not    Management
                                                          Vote


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

KIMBERLY CLARK DE MEXICO S.A. DE C.V.

Ticker:                      Security ID:  MXP606941179
Meeting Date: MAR 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Statutory
      Report; Approve Allocation of Income
2     Approve Series A, B, and Special Series T For       For        Management
      Cash Dividend of MXN 2.08 Per Share
3     Elect Members to Management Board,        For       For        Management
      Supervisory Board, and Their Respective
      Alternates
4     Approve Remuneration of Mangement Board,  For       For        Management
      Supervisory Board, and Alternates
5     Accept Report Regarding Share Repurchase; For       For        Management
      Approve MXN 147,186.35 Reduction in
      Variable Portion of Capital Through
      Cancellation of 17.9 Million Ordinary
      Class II Shares; Set Aggregate Nominal
      Amount of Share Repurchase Program
6     Amend Employee and Executive Stock Option For       Against    Management
      Plan
7     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

KING YUAN ELECTRONICS CO LTD

Ticker:                      Security ID:  TW0002449006
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Report on Status of Endorsements  None      Did Not    Management
      and Guarantees                                      Vote
1.4   Receive Report on the Execution of        None      Did Not    Management
      Treasury Shares                                     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 1 per Share and Stock               Vote
      Dividend of 150 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
3.2   Amend Articles of Association             For       Did Not    Management
                                                          Vote
3.3   Approve Increase of Registered Capital    For       Did Not    Management
      and Issuance of Ordinary Shares to                  Vote
      Participate the Issuance of Global
      Depository Receipt
3.4   Amend Articles of Association             For       Did Not    Management
                                                          Vote
4.1   Elect Lee Chin Kung as Director with ID   For       Did Not    Management
      No. 2                                               Vote
4.2   Elect Lin Diann Fang as Director with ID  For       Did Not    Management
      No. 357                                             Vote
4.3   Elect Hsiao Jui Ming as Director with ID  For       Did Not    Management
      No. 9                                               Vote
4.4   Elect  Lin Wen Po as Director with ID No. For       Did Not    Management
      40152                                               Vote
4.5   Elect a Representative from Siliconware   For       Did Not    Management
      Precision Industries as Director with ID            Vote
      No. 35784
4.6   Elect Lin Shin Tsai as Director with ID   For       Did Not    Management
      No. 90                                              Vote
4.7   Elect Yang Hui Shuan  as Independent      For       Did Not    Management
      Director with ID No. A203967701                     Vote
4.8   Elect Shen Hsi She as independent         For       Did Not    Management
      Director with ID No. 25747                          Vote
4.9   Elect a Representative from China         For       Did Not    Management
      Depelopment Industrial Bank as Director             Vote
      with ID No. 1753
4.10  Elect Hsieh Chi Chun as Supervisor with   For       Did Not    Management
      ID No. 263                                          Vote
4.11  Elect Huang Chien Teng as Supervisor with For       Did Not    Management
      ID No. 55281                                        Vote
4.12  Elect a Representative from Silicon       For       Did Not    Management
      Storage Technology Inc as Supervisor with           Vote
      ID No. 4639
5     Approve Release of Restrictions of        For       Did Not    Management
      Competitive Activities of Directors                 Vote


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

LIFESTYLE INTERNATIONAL HOLDINGS LTD

Ticker:                      Security ID:  KYG548561029
Meeting Date: APR 28, 2005   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 with Special       For       For        Management
      Dividend
3a    Reelect Cheng Yu-tung as Non-Executive    For       For        Management
      Director
3b    Reelect Lau Luen-hung, Thomas as          For       For        Management
      Executive Director
3c    Reelect Doo Wai-hoi, William as Executive For       For        Management
      Director
3d    Reelect Cheng Kar-shun, Henry as          For       For        Management
      Non-Executive Director
3e    Reelect Lau Luen-hung, Joseph as          For       For        Management
      Non-Executive Director
3f    Reelect Lau Yuk-wai, Amy as Non-Executive For       For        Management
      Director
3g    Reelect Lam Siu-lun, Simon as Independent For       For        Management
      Non-Executive Director
3h    Reelect Cheung Yuet-man, Raymond as       For       For        Management
      Independent Non-Executive Director
3i    Reelect Shek Lai-him, Abraham as          For       For        Management
      Independent Non-Executive Director
3j    Authorize Board to Fix the Remuneration   For       For        Management
      of Directors
4     Reappoint Deloitte Touche Tohmatsu as     For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5a    Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
5b    Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

LIFESTYLE INTERNATIONAL HOLDINGS LTD

Ticker:                      Security ID:  KYG548561029
Meeting Date: DEC 30, 2004   Meeting Type: Special
Record Date:  DEC 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Tenancy Agreement and Proposed    For       For        Management
      Caps
2     Approve Improvement Works and Proposed    For       For        Management
      Caps
3     Approve Shareholder's Loan                For       For        Management


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

LIFESTYLE INTERNATIONAL HOLDINGS LTD

Ticker:                      Security ID:  KYG548561029
Meeting Date: MAR 29, 2005   Meeting Type: Special
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Connected Transaction with a      For       For        Management
      Related Party and Proposed Cap


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

LUKOIL OAO

Ticker:       LUKOY          Security ID:  RU0009024277
Meeting Date: JAN 24, 2005   Meeting Type: Special
Record Date:  DEC 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Shareholder Proposal: Approve Early       None      Against    Shareholder
      Termination of Powers of Board of
      Directors
1.2a  Elect Vagit Alekperov as Director         None      Against    Shareholder
1.2b  Elect Mikhail Berejnoy as Director        None      Against    Shareholder
1.2c  Elect Valery Grayfer as Director          None      Against    Shareholder
1.2d  Elect Tatiana Yesaoulkova as Director     None      Against    Shareholder
1.2e  Elect Oleg Kutafin as Director            None      For        Shareholder
1.2f  Elect Ravil Maganof as Director           None      Against    Shareholder
1.2g  Elect Richard Matske as Director          None      For        Shareholder
1.2h  Elect Kevin Maers as Director             None      Against    Shareholder
1.2i  Elect Sergei Mikhailov as Director        None      Against    Shareholder
1.2j  Elect Nikolai Tsvetkov as Director        None      Against    Shareholder
1.2k  Elect Igor Sherkunov as Director          None      Against    Shareholder
1.2l  Elect Alexander Shokhin as Director       None      Against    Shareholder
2     Shareholder Proposal: Amend Charter       For       For        Shareholder


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

LUKOIL OAO

Ticker:       LUKOY          Security ID:  RU0009024277
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report, Financial          For       For        Management
      Statements, and Allocation of Income,
      Including Dividends of RUB 28 Per
      Ordinary Share
2.1   Elect Vagit Alekperov as Director         For       Against    Management
2.2   Elect Mikhail Berezhnoi as Director       For       Against    Management
2.3   Elect Valeri Graifer as Director          For       Against    Management
2.4   Elect Tatiana Yesaulkova as Director      For       Against    Management
2.5   Elect Oleg Kutafin as Director            For       For        Management
2.6   Elect Ravil Maganov as Director           For       Against    Management
2.7   Elect Richard Matske as Director          For       For        Management
2.8   Elect Sergei Mikhailov as Director        For       For        Management
2.9   Elect Kevin Myers as Director             For       Against    Management
2.10  Elect Nikolai Tsvetkov as Director        For       Against    Management
2.11  Elect Igor Sherkunov as Director          For       Against    Management
2.12  Elect Alexander Shokhin as Director       For       For        Management
3     Elect Members of Inspection Committee     For       For        Management
      (Audit Commission)
4     Approve Remuneration of Board of          For       For        Management
      Directors and Inspection Committee (Audit
      Commission)
5     Ratify CJSC KPMG as Auditor               For       For        Management
6     Amend Charter                             For       For        Management
7     Approve Regulations on General Meetings   For       For        Management
8     Amend Regulations on Board of Directors   For       For        Management
9     Approve Related Party Transactions        For       For        Management


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

MITTAL STEEL SOUTH AFRICA(FRM ISPAT ISCOR(FRMLY ISCOR LTD.))

Ticker:                      Security ID:  ZAE000037453
Meeting Date: AUG 17, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Change Company Name to Ispat Iscor Ltd.   For       For        Management


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

ORASCOM TELECOM  HOLDING

Ticker:                      Security ID:  EGS74081C018
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       Did Not    Management
                                                          Vote
2     Accept Financial Statements               For       Did Not    Management
                                                          Vote
3     Accept Statutory Reports                  For       Did Not    Management
                                                          Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5     Approve Changes to Board                  For       Did Not    Management
                                                          Vote
6     Approve Discharge of Board                For       Did Not    Management
                                                          Vote
7     Approve Attendance Allowances and         For       Did Not    Management
      Transportation Expenses of Directors                Vote
8     Approve Auditors and Authorize Board to   For       Did Not    Management
      Fix Their Remuneration                              Vote
9     Authorize Board to Draw Compensation      For       Did Not    Management
      Contracts                                           Vote
10    Authorize Board to Draw Loans and         For       Did Not    Management
      Mortgages and Issue Loan Guarantees for             Vote
      Company and Subsidiaries
11    Approve Donations Made in Financial Year  For       Did Not    Management
      2004 and Authorize Board to Make                    Vote
      Donations in 2005


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

ORASCOM TELECOM  HOLDING

Ticker:                      Security ID:  EGS74081C018
Meeting Date: SEP 1, 2004    Meeting Type: Special
Record Date:  AUG 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Bonds                 For       Did Not    Management
                                                          Vote
2     Change Location of Registered             For       Did Not    Management
      Office/Headquarters                                 Vote
3     Amend Articles of Association Re: Board   For       Did Not    Management
      Formulation                                         Vote
4     Approve Delisting of Commercial Register  For       Did Not    Management
      Regarding Company's Branch                          Vote
5     Approve Loan Conversion to Equity         For       Did Not    Management
      Agreement Entered into Between Company              Vote
      and CDC Ltd.


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

PETRA FOODS LTD

Ticker:                      Security ID:  SG1Q25921608
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       Did Not    Management
      and Auditors' Reports                               Vote
2     Declare Final Tax-Exempt Dividend of      For       Did Not    Management
      $0.0056 or SGD 0.0092 Per Share for the             Vote
      Year Ended Dec 31, 2004
3     Reelect Josephine Price as                For       Did Not    Management
      Non-Independent Director                            Vote
4     Reappoint PricewaterhouseCoopers as       For       Did Not    Management
      Auditors and Authorize Board to Fix Their           Vote
      Remuneration
5     Approve Issuance of Shares without        For       Did Not    Management
      Preemptive Rights                                   Vote
6     Approve Issuance of Shares and Grant of   For       Did Not    Management
      Options Pursuant to the Petra Foods Share           Vote
      Option Scheme and Petra Foods Share
      Incentive Plan
7     Approve Mandate for Transactions with     For       Did Not    Management
      Related Parties                                     Vote


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

PETROKAZAKHSTAN INC (FORMERLY HURRICANE HYDROCARBONS LTD)

Ticker:       PKZ.           Security ID:  71649P102
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Bernard F. Isautier, Louis W.       For       For        Management
      MacEachern, James B.C Doak, Jacques
      Lefevre, Nurlan J. Kapparov and Jan Bonde
      Nielsen as Directors
2     Approve TOO Deloitte & Touche, Almaty,    For       For        Management
      Kazakhstan as Auditors and Authorize
      Board to Fix Remuneration of Auditors


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

PHOENIX PDE CO.

Ticker:                      Security ID:  KR7050090000
Meeting Date: FEB 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Appropriation of Retained Earnings, with
      No Dividend on Ordinary Shares
2     Elect Director                            For       For        Management
3     Appoint Auditor                           For       Against    Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Approve Limit on Remuneration of Auditors For       For        Management
6     Amend Articles of Incorporation to        For       For        Management
      Increase Authorized Capital and Decrease
      Par Value in Connection with Stock Split,
      Eliminate Voting Rights on Preferred
      Shares
7     Amend Terms of Severance Payments to      For       For        Management
      Executives


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

POSCO (FORMERLY POHANG IRON & STEEL)

Ticker:       PKX            Security ID:  KR7005490008
Meeting Date: FEB 25, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income, with a   For       For        Management
      Final Dividend of KRW 6500 Per Share
2.1   Elect Outside Director                    For       For        Management
2.2.1 Elect Member of Audit Committee           For       For        Management
2.2.2 Elect Member of Audit Committee           For       For        Management
2.3   Elect Executive Director                  For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors


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

POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI S.A.

Ticker:                      Security ID:  PLPKO0000016
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Approve Meeting Procedures                For       Did Not    Management
                                                          Vote
6     Receive Management Board Report on        None      Did Not    Management
      Company's Activities in 2004                        Vote
7     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
8.1   Approve Management Board Report on        For       Did Not    Management
      Company's Activities in 2004                        Vote
8.2   Approve Financial Statements              For       Did Not    Management
                                                          Vote
8.3   Approve Supervisory Board Report          For       Did Not    Management
                                                          Vote
8.4   Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8.5   Approve Dividends                         For       Did Not    Management
                                                          Vote
8.6   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
8.7   Approve Annual Bonus for CEO for His Work For       Did Not    Management
      in 2004                                             Vote
8.8   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
8.9   Approve Increase in Reserve Capital       For       Did Not    Management
                                                          Vote
8.10  Transfer Funds from Reserve Capital to    For       Did Not    Management
      Increase Company's Brokerage Activity               Vote
      Fund
9.1   Approve Consolidated Statutory Reports    For       Did Not    Management
                                                          Vote
9.2   Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
10    Accept International Accounting Standards For       Did Not    Management
      as Official Accounting Standards for                Vote
      Preparing Company's Financial Statements
11    Amend Statute Re: Convert Series B and C  For       Did Not    Management
      Registered Shares into Bearer Shares                Vote
12    Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
13    Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

PT BANK RAKYAT INDONESIA (PERSERO) TBK

Ticker:                      Security ID:  ID1000096001
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income              For       For        Management
4     Approve Prasetio, Sarwoko & Sandjaja as   For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Elect Directors and Commissioners         For       For        Management
6     Approve Remuneration of Directors and     For       For        Management
      Commissioners
7     Approve Stock Option Plan                 For       Against    Management
8     Approve Write-off of Non-Perfoming Loans  For       Against    Management


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

PT BUMI RESOURCES TBK

Ticker:                      Security ID:  ID1000068703
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  JUN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Doli, Bambang Sudarmadji & Co.    For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration


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

PT BUMI RESOURCES TBK

Ticker:                      Security ID:  ID1000068703
Meeting Date: JUN 28, 2005   Meeting Type: Special
Record Date:  JUN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors and Commissioners         For       For        Management
2     Approve Pledging of Assets for Debt       For       Against    Management


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

PT INDOCEMENT TUNGGAL PRAKARSA

Ticker:                      Security ID:  ID1000061302
Meeting Date: DEC 2, 2004    Meeting Type: Special
Record Date:  NOV 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Directors and Commissioners         For       For        Management


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

PT INDOCEMENT TUNGGAL PRAKARSA

Ticker:                      Security ID:  ID1000061302
Meeting Date: FEB 23, 2005   Meeting Type: Special
Record Date:  FEB 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Refinancing Agreement             For       For        Management
2     Approve Transaction with a Related Party  For       For        Management
3     Elect Commissioners                       For       For        Management


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

PT INDOSAT, INDONESIAN SATELLITE CORPORATION

Ticker:       IIT            Security ID:  ID1000097405
Meeting Date: SEP 30, 2004   Meeting Type: Special
Record Date:  SEP 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       Did Not    Management
                                                          Vote
2     Elect Directors                           For       Did Not    Management
                                                          Vote


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

REGAL HOTELS INTERNATIONAL HOLDINGS LTD.

Ticker:                      Security ID:  BMG7475M1212
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  JUN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Final Dividend of HK$0.005 Per    For       Did Not    Management
      Share                                               Vote
3a    Reelect Lo Yuk Sui as Director            For       Did Not    Management
                                                          Vote
3b    Reelect Francis Choi Chee Ming as         For       Did Not    Management
      Director                                            Vote
3c    Reelect Alice Kan Lai Kuen as Director    For       Did Not    Management
                                                          Vote
3d    Reelect Lo Po Man as Director             For       Did Not    Management
                                                          Vote
3e    Reelect Kenneth Ng Kwai Kai as Director   For       Did Not    Management
                                                          Vote
3f    Reelect Ng Siu Chan as Director           For       Did Not    Management
                                                          Vote
3g    Reelect Wong Chi Keung as Director        For       Did Not    Management
                                                          Vote
4     Reappoint Ernst & Young as Auditors and   For       Did Not    Management
      Authorize Board to Fix Their Remuneration           Vote
5a    Approve Repurchase of Up to 10 Percent of For       Did Not    Management
      Issued Capital                                      Vote
5b    Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights
5c    Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


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

REGAL HOTELS INTERNATIONAL HOLDINGS LTD.

Ticker:                      Security ID:  BMG7475M1212
Meeting Date: JUN 16, 2005   Meeting Type: Special
Record Date:  JUN 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Share Option Scheme and Authorize For       Did Not    Management
      Board to Grant Options Under the Scheme             Vote
      and Issue New Shares Upon Exercise of Any
      Options Granted Under the Scheme
2     Approve Grant of Options in Respect of    For       Did Not    Management
      200 Million Shares at an Exercise Price             Vote
      of HK$0.75 Per Share Under the Scheme to
      Lo Yuk Sui


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

RELIANCE ENERGY LTD. (FRMRLY. BSES LIMITED)

Ticker:                      Security ID:  INE036A01016
Meeting Date: JAN 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association Re:         For       Against    Management
      Director Representation on the Board


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

RICHTER GEDEON RT

Ticker:                      Security ID:  HU0000067624
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Board of Directors Report;        For       Did Not    Management
      Approve Annual Report                               Vote
2     Approve Auditor's Report                  For       Did Not    Management
                                                          Vote
3     Approve Supervisory Committee Report      For       Did Not    Management
                                                          Vote
4     Approve Allocation of Income, Including   For       Did Not    Management
      Dividends                                           Vote
5     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
6     Approve Consolidated Financial Statements For       Did Not    Management
      and Statutory Reports                               Vote
7     Approve Auditor's Report on Consolidated  For       Did Not    Management
      Financial Statements                                Vote
8     Approve Supervisory Committe Report on    For       Did Not    Management
      Consolidated Financial Statements                   Vote
9     Approve Consolidated Report               For       Did Not    Management
                                                          Vote
10    Approve 2004 Financial Statements and     For       Did Not    Management
      Consolidated Financial Statements                   Vote
      Prepared in Accordance with IFRS
      Standards
11    Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
12    Authorize Board of Directors to Increase  For       Did Not    Management
      Share Capital                                       Vote
13    Approve Applications Submitted to Company For       Did Not    Management
      by Preference Shareholders for Conversion           Vote
      of Preference Shares into Ordinary Shares
14    Approve Introduction of Ordinary Shares   For       Did Not    Management
      Converted from Preference Shares to                 Vote
      Budapest Stock Exchange and Luxembourg
      Stock Exchange (In Connection with Item
      13)
15    Amend Articles of Association             For       Did Not    Management
                                                          Vote
16    Approve Unified Text of Articles of       For       Did Not    Management
      Association                                         Vote
17    Elect Board of Directors                  For       Did Not    Management
                                                          Vote
18    Approve Remuneration of Board of          For       Did Not    Management
      Directors                                           Vote
19    Approve Discharge of Board of Directors   For       Did Not    Management
                                                          Vote
20    Approve Remuneration of Supervisory       For       Did Not    Management
      Committee Members                                   Vote
21    Elect Auditor                             For       Did Not    Management
                                                          Vote
22    Approve Auditor Remuneration              For       Did Not    Management
                                                          Vote
23    Transact Other Business (Voting)          For       Did Not    Management
                                                          Vote


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

SABMILLER PLC (FORMERLY SOUTH AFRICAN BREWERIES LTD.)

Ticker:       SBWRY          Security ID:  GB0004835483
Meeting Date: JUL 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     Re-elect Meyer Kahn as Director           For       For        Management
4     Re-elect John Manser as Director          For       For        Management
5     Re-elect Miles Morland as Director        For       For        Management
6     Re-elect Malcolm Wyman as Director        For       For        Management
7     Approve Final Dividend of 22.5 US Cents   For       For        Management
      Per Share
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 Issuance of Equity with         For       Against    Management
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 6,919,217.20 to
      Satisfy the Conversion Rights of the
      Holders of USD 600 Million Guaranteed
      Convertible Bonds Due 2006
11    Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 15,007,992
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 5,002,664
13    Authorise 100,053,279 Ordinary Shares for For       For        Management
      Market Purchase
14    Authorise the Directors to Use Shares     For       For        Management
      Held in Treasury for the Purposes of or
      Pursuant to Employee Share Schemes
15    Authorise up to 77,368,338 Non-voting     For       For        Management
      Convertible Shares for Purchase in
      Conjunction with Contingent Purchase
      Contract between the Company and
      SABMiller Jersey Ltd.
16    Amend Articles of Association Re:         For       For        Management
      Treasury Shares


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

SHINHAN FINANCIAL GROUP CO. LTD.

Ticker:                      Security ID:  KR7055550008
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 750 Per Share
2     Elect Directors                           For       For        Management
3     Elect Members of Audit Committee          For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Approve Stock Option Grants               For       For        Management


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

SINOPEC ZHENHAI REFINING & CHEMICAL CO LTD (FORMERLY ZHENHAI

Ticker:                      Security ID:  CN0008934001
Meeting Date: FEB 18, 2005   Meeting Type: Special
Record Date:  JAN 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Continuing Connected Transactions For       For        Management
      with a Related Party
2     Authorize the Executive Directors to Sign For       For        Management
      and Prepare All Necessary Documents and
      Take All Necessary Actions to Fulfill
      Obligations in Relation to the Connected
      Transactions Proposed Above


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

SINOPEC ZHENHAI REFINING & CHEMICAL CO LTD (FORMERLY ZHENHAI

Ticker:                      Security ID:  CN0008934001
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Accept Report of the Supervisory          For       Did Not    Management
      Committee                                           Vote
3     Approve Profit Appropriation Proposal for For       Did Not    Management
      2004                                                Vote
4     Approve Resignation of Zhao Jinxuan as    For       Did Not    Management
      Executive Director of the Fourth Board of           Vote
      Directors
5     Approve Remuneration of Directors and     For       Did Not    Management
      Supervisors Representing Shareholders for           Vote
      the Year 2005
6     Approve KPMG as Auditors and Authorize    For       Did Not    Management
      Board to Fix Their Remuneration                     Vote


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

SISTEMA AFK

Ticker:                      Security ID:  48122U105
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     RESOLUTION: Elect 4 Members to Counting   For       For        Management
      Commission
2     RESOLUTION: Elect Alexander Semenov,      For       For        Management
      Evgeny Tulupov, Andrey Bonsovich, Larisa
      Lapteva as Members of Counting Commission
3     RESOLUTION: Amend Charter: Increase in    For       For        Management
      Share Capital
4     RESOLUTION: Approve Regulations on Board  For       For        Management
      of Directors Re: Liability of Board of
      Directors


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

SISTEMA AFK

Ticker:                      Security ID:  48122U105
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:  MAY 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE COMPANY S ANNUAL REPORT   For       For        Management
      AND ANNUAL ACCOUNTING STATEMENTS,
      INCLUDING THE PROFIT AND LOSS ACCOUNT
2     APPROVAL OF THE DISBURSEMENT OF PROFITS,  For       For        Management
      THE SUM OF DIVIDENDS FOR THE YEAR 2004
      AND THE MODE, FORM AND TERM OF PAYMENT
      THEREOF
3     APPROVAL OF THE AMOUNT AS WELL AS THE     For       For        Management
      MODE, FORM AND TERM OF PAYMENT OF
      REMUNERATION OF THE MEMBERS OF THE BOARD
      OF DIRECTORS
4     APPROVAL TO FORM THE BOARD OF DIRECTORS   For       For        Management
      OF THE COMPANY THAT SHALL CONSIST OF 11
      (ELEVEN) MEMBERS
5     ELECTION OF DIRECTORS. IF YOU WISH TO     For       For        Management
      VOTE SELECTIVELY OR CUMULATE, PLEASE SEE
      ATTACHED INSTRUCTIONS
6     ELECTION OF THE FOLLOWING PERSON TO THE   For       For        Management
      INTERNAL AUDIT COMMISSION: INOZEMTSEV,
      VJACHESLAV IVANOVICH
7     ELECTION OF THE FOLLOWING PERSON TO THE   For       For        Management
      INTERNAL AUDIT COMMISSION: RUDOVA, ELENA
      VIKTOROVNA
8     ELECTION OF THE FOLLOWING PERSON TO THE   For       For        Management
      INTERNAL AUDIT COMMISSION: SIDORENKOVA,
      NATALIA ANATOLIEVNA
9     Ratify Auditors                           For       For        Management
10    APPROVAL OF AMENDMENTS OF THE CLAUSE 14.8 For       Against    Management
      OF THE CHARTER
11    APPROVAL TO RATIFY THE REGULATION         For       Against    Management
      (BY-LAWS) ON THE GENERAL MEETING OF
      SHAREHOLDERS


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

TATA TEA

Ticker:                      Security ID:  INE192A01017
Meeting Date: MAR 21, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of South India Plantation    For       For        Management
      Operations within Concession Areas
2     Approve Sale of Remaining South India     For       For        Management
      Plantation Operations


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

TELEKOM MALAYSIA BERHAD

Ticker:                      Security ID:  MYL4863OO006
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for the Financial Year Ended Dec.           Vote
      31, 2004
2     Approve Tax Exempt Final Dividend of MYR  For       Did Not    Management
      0.20 Per Share for the Financial Year               Vote
      Ended Dec. 31, 2004
3     Elect Nur Jazlan Tan Sri Mohamed as       For       Did Not    Management
      Director                                            Vote
4     Elect Azman Mokhtar as Director           For       Did Not    Management
                                                          Vote
5     Elect Abdul Wahid Omar as Director        For       Did Not    Management
                                                          Vote
6     Elect Haji Abd. Rahim Haji Abdul as       For       Did Not    Management
      Director                                            Vote
7     Elect Abdul Rahim Haji Daud as Director   For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Directors for the For       Did Not    Management
      Financial Year Ended Dec. 31, 2004                  Vote
9     Approve PricewaterhouseCoopers as         For       Did Not    Management
      Auditors and Authorize Board to Fix Their           Vote
      Remuneration
10    Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights in Any Amount Up to Ten
      Percent of Issued Share Capital


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

TELEKOM MALAYSIA BERHAD

Ticker:                      Security ID:  MYL4863OO006
Meeting Date: MAY 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Call and Put Option Which         For       Did Not    Management
      Requires or Entitles the Acquisition by             Vote
      TM International (L) Ltd of Up to an
      Additional 52.7 Percent Equity Interest
      in PT Excelcomindo Pratama for a Cash
      Consideration of Up to $606.1 Million
2     Approve Listing of MTM Networks (Private) For       Did Not    Management
      Ltd, the Company's Wholly-Owned                     Vote
      Subsidiary, on the the Colombo Stock
      Exchange
3     Amend the Existing Bye-Laws Governing the For       Did Not    Management
      Company's Employees' Share Option Scheme            Vote
      in the Form and Manner as Set Out in
      Appendix IV of the Circular to
      shareholders Dated April 25, 2005
4     Approve Grant of Options to Abdul Wahid   For       Did Not    Management
      Omar to Subscribe for Up to 1.2 Million             Vote
      Ordinary Shares in Telekom Malaysia Bhd
1     Amend Articles of Association in the Form For       Did Not    Management
      and Manner as Set Out in Appendix VI of             Vote
      the Circular to Shareholders Dated April
      25, 2005


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

TENAGA NASIONAL

Ticker:                      Security ID:  MYL5347OO009
Meeting Date: DEC 23, 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 Aug.
      31, 2004
2     Approve Final Dividend of MYR0.10 Per     For       For        Management
      Share and Special Dividend of MYR0.04 for
      the Financial Year Ended Aug. 31, 2004
3     Approve Remuneration of Directors for the For       For        Management
      Financial Year Ended Aug. 31, 2004
4     Elect Hari Narayanan a/l Govindasamy as   For       For        Management
      Director
5     Elect Amar Leo Moggie as Director         For       For        Management
6     Elect Azman bin Mokhtar as Director       For       For        Management
7     Elect Mohd Zaid bin Ibrahim as Director   For       Against    Management
8     Elect Che Khalib bin Mohamad Noh as       For       For        Management
      Director
9     Elect Abdul Rahim bin Mokti as Director   For       For        Management
10    Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
11    Approve Issuance of Shares Pursuant to    For       Against    Management
      Employees' Share Option Scheme II
12    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
13    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with YTL Power International
      Bhd
14    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Ranhill Power Bhd
15    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Edaran Otomobil
      Nasional Bhd
16    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Gas Bhd
17    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Dagangan Bhd
18    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Malaysia International
      Shipping Corporation Bhd
19    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Petronas Carigali Sdn
      Bhd
20    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Misc Trucking &
      Warehousing Sdn Bhd
21    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Gas District Cooling
      Sdn Bhd
22    Approve Implementation of Shareholders'   For       For        Management
      Mandate for Recurrent Related Party
      Transactions with Polyethylene Malaysia
      Sdn Bhd


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

TRANSMILE GROUP

Ticker:                      Security ID:  MYL7000OO002
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for the Financial Year Ended Dec.           Vote
      31, 2004
2     Approve Final Dividend of 3 Percent Less  For       Did Not    Management
      28 Percent Income Tax for the Financial             Vote
      Year Ended Dec. 31, 2004
3     Elect Gan Boon Aun as Director            For       Did Not    Management
                                                          Vote
4     Elect Chin Keem Feung as Director         For       Did Not    Management
                                                          Vote
5     Elect A. Razak Bin Ramli as Director      For       Did Not    Management
                                                          Vote
6     Elect Abu Huraira bin Abu Yazid as        For       Did Not    Management
      Director                                            Vote
7     Elect Mohamed Adnan bin Ali as Director   For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Directors for the For       Did Not    Management
      Financial Year Ended Dec. 31, 2004                  Vote
9     Approve Deloitte & Touche as Auditors and For       Did Not    Management
      Authorize Board to Fix Their Remuneration           Vote
10    Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights in Any Amount Up to 10
      Percent of Issued Share Capital
11    Approve Issuance of Shares Pursuant to    For       Did Not    Management
      Employees' Share Option Scheme                      Vote
12    Approve Implementation of Shareholders'   For       Did Not    Management
      Mandate for Recurrent Related Party                 Vote
      Transactions


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

TRANSMILE GROUP

Ticker:                      Security ID:  MYL7000OO002
Meeting Date: MAR 25, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Issue of Up to $150 Million   For       For        Management
      Nominal Value of Five-Year Guaranteed
      Redeemable Convertible Bonds by TGB (SPV)
      Ltd, a Wholly-Owned Subsidiary of TGB Inc
      and that the Convertible Bonds Shall be
      Convertible into Shares of MYR1.00 Each
      in the Co.


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

TRANSMILE GROUP

Ticker:                      Security ID:  MYL7000OO002
Meeting Date: NOV 25, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Subscription by Pos Malaysia Bhd  For       For        Management
      of 24.8 Million New Ordinary Shares of
      MYR1.00 Each in Transmile Group Bhd
2     Approve Subscription by Pos Malaysia &    For       For        Management
      Services Holdings Bhd of 15.7 Million New
      Ordinary Shares of MYR1.00 Each in
      Transmile Group Bhd


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

TVN S.A.

Ticker:                      Security ID:  PLTVN0000017
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Elect Members of Vote Counting Commission For       Did Not    Management
                                                          Vote
6     Receive and Approve Financial Statements  For       Did Not    Management
                                                          Vote
7     Receive and Approve Management Board      For       Did Not    Management
      Report on Company's Activities in 2004              Vote
8     Receive and Approve Consolidated          For       Did Not    Management
      Financial Statements                                Vote
9     Receive and Approve Supervisory Board     For       Did Not    Management
      Report                                              Vote
10    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
11    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
12    Approve Allocation of Income              For       Did Not    Management
                                                          Vote
13    Approve Allocation of Funds from Reserve  For       Did Not    Management
      Capital for Share Repurchase                        Vote
14    Accept International Accounting Standards For       Did Not    Management
      as Official Accounting Standards for                Vote
      Preparing Company's Financial Statements
15    Amend Statute Re: Independent Supervisory For       Did Not    Management
      Board Members; Increase Maximum Number of           Vote
      Management Board Members from 7 to 8
16    Fix Number of Supervisory Board Members   For       Did Not    Management
                                                          Vote
17    Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
18    Amend Regulations on Supervisory Board    For       Did Not    Management
                                                          Vote
19    Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
20    Amend Regulations on General Meetings     For       Did Not    Management
                                                          Vote
21    Incorporate Any Approved Amendments into  For       Did Not    Management
      Text of Statute and Approve Unified Text            Vote
      of Statute
22    Close Meeting                             None      Did Not    Management
                                                          Vote


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

UNITED MIZRAHI BANK

Ticker:                      Security ID:  IL0006954379
Meeting Date: MAR 22, 2005   Meeting Type: Special
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Director/Officer Liability and    For       For        Management
      Indemnification Insurance


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

URBI DESARROLLOS URBANOS S ADE C V

Ticker:                      Security ID:  MX01UR000007
Meeting Date: APR 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       For        Management
      Financial Statements and Statutory
      Reports for Fiscal Year Ended 12-31-04
2     Approve Allocation of Income              For       For        Management
3     Elect Directors, Supervisory Board        For       For        Management
      Members, and Respective Alternates;
      Approve Their Remuneration
4     Set Aggregate Nominal Amount of Share     For       For        Management
      Repurchase Reserve
5     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting


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

URBI DESARROLLOS URBANOS S ADE C V

Ticker:                      Security ID:  MX01UR000007
Meeting Date: JUL 19, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Resignation, Elect and Ratify     For       For        Management
      Directors
2     Designate Shareholder Representatives of  For       For        Management
      Minutes of Meeting


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

VODAFONE EGYPT LTD

Ticker:                      Security ID:  EGS48001C019
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       Did Not    Management
                                                          Vote
2     Accept Statutory Report                   For       Did Not    Management
                                                          Vote
3     Accept Financial Statements               For       Did Not    Management
                                                          Vote
4     Approve Dividends                         For       Did Not    Management
                                                          Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6     Approve Discharge of Board                For       Did Not    Management
                                                          Vote
7     Elect Directors                           For       Did Not    Management
                                                          Vote
8     Approve Attendance Allowances and         For       Did Not    Management
      Transportation Expenses of Directors                Vote
9     Authorize Board to Fix Remuneration of    For       Did Not    Management
      Auditors                                            Vote
10    Authorize Board to Make Donations in 2005 For       Did Not    Management
                                                          Vote


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

VOLGATELECOM (FRMRLY. NIZHNOSVYZINFORM)

Ticker:                      Security ID:  RU0009058234
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report, Financial          For       For        Management
      Statements, and Allocation of Income
2     Approve Dividends of RUB 1.38 Per         For       For        Management
      Ordinary Share and RUB 2.06 Per Preferred
      Share
3.1   Amend Charter                             For       For        Management
3.2   Amend Charter                             For       For        Management
3.3   Amend Charter                             For       For        Management
3.4   Amend Charter                             For       For        Management
3.5   Amend Charter                             For       For        Management
3.6   Amend Charter                             For       For        Management
3.7   Amend Charter                             For       For        Management
3.8   Amend Charter                             For       For        Management
3.9   Amend Charter                             For       For        Management
4     Amend Regulations on Board of Directors   For       For        Management
5.1   Amend Regulations of General Meetings     For       For        Management
5.2   Amend Regulations of General Meetings     For       For        Management
6.1   Elect Vladimir Andreev as Director        For       Abstain    Management
6.2   Elect Konstantin Beliaev as Director      For       Abstain    Management
6.3   Elect Maxim Bobin as Director             For       For        Management
6.4   Elect Sergei Bulancha as Director         For       Abstain    Management
6.5   Elect Alla Grigorieva as Director         For       Abstain    Management
6.6   Elect Ludmila Deviatkina as Director      For       Abstain    Management
6.7   Elect Valery Degtiarev as Director        For       Abstain    Management
6.8   Elect Sergei Kuznetsov as Director        For       Abstain    Management
6.9   Elect Denis Kulikov as Director           For       For        Management
6.10  Elect Georgy Romsky as Director           For       Abstain    Management
6.11  Elect Vitaly Slizen as Director           For       Abstain    Management
6.12  Elect Oleg Fedorov as Director            For       For        Management
6.13  Elect Michael Haywood as Director         For       Abstain    Management
6.14  Elect Sergei Chernogrodsky as Director    For       Abstain    Management
6.15  Elect Evgeny Chechelnitsky as Director    For       Abstain    Management
7.1   Elect Bogdan Golubitsky as Member of      For       For        Management
      Inspection Committee (Audit Commission)
7.2   Elect Tatiana Zubova as Member of         For       For        Management
      Inspection Committee (Audit Commission)
7.3   Elect Alexander Kachurin as Member of     For       For        Management
      Inspection Committee (Audit Commission)
7.4   Elect Olga Koroleva as Member of          For       For        Management
      Inspection Committee (Audit Commission)
7.5   Elect Natalia Feoktistova as Member of    For       For        Management
      Inspection Committee (Audit Commission)
8     Ratify Ernst and Young Vneshaudit as      For       For        Management
      Auditor
9     Approve Remuneration of Board of          For       For        Management
      Directors
10    Teminate Company's Membership in          For       For        Management
      Association of Operators of Federal
      Network of Business Servicing 'Iskra'
11    Teminate Company's Membership in          For       For        Management
      Association of Operators of Federal
      Cellular Newtork NMT-450
12    Teminate Company's Membership in Union of For       For        Management
      Manufacturers and Consumers of
      Communication Facilities Equipment


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

WAL-MART DE MEXICO S.A. DE C.V. (FRMRLY. CIFRA S.A.)

Ticker:                      Security ID:  MXP810081010
Meeting Date: FEB 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Chairman's Report                  For       For        Management
2     Accept Audit Committee's Report           For       For        Management
3     Accept Supervisory Board Report           For       For        Management
4     Accept Financial Statements for Fiscal    For       For        Management
      Year Ended December 2004
5     Present Report on the Share Repurchase    For       For        Management
      Reserves
6     Approve Cancellation of 105.3 Million     For       For        Management
      Company Treasury Shares
7     Approve Allocation of Income              For       For        Management
8     Approve Dividend With Payout of  MXN 0.63 For       For        Management
      Per Share or Stock in the Company Whose
      Value Will Be Determined on The Closing
      Day of March 15, 2005
9     Approve Variable Capital Increase Through For       For        Management
      Issuance of 137.6 Million Common Shares
      To Be Paid Back as Dividends at MXN 0.63
      Per Share; The Targeted Increase in
      Capital is MXN 2.8 Billion
10    Approve Modifications to Article 5 in the For       For        Management
      Bylaws
11    Accept Report Re: Employee Stock Option   For       Against    Management
      Plan
12    Accept Report Re: Wal-Mart de Mexico      For       For        Management
      Foundation
13    Approve Discharge of the Board of         For       For        Management
      Directors
14    Elect or Approve Members of the Board of  For       For        Management
      Directors and  Supervisory Board
15    Approve Minutes of Meeting                For       For        Management


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

WAN HAI LINES LIMITED

Ticker:                      Security ID:  TW0002615002
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Report on 2004 Consolidated       None      Did Not    Management
      Business Operation Results                          Vote
1.3   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.4   Receive Financial Report                  None      Did Not    Management
                                                          Vote
1.5   Receive Report on the Issuance of         None      Did Not    Management
      Overseas Unsecured Convertible Corporate            Vote
      Bonds
1.6   Receive Report on Indirect Investments in None      Did Not    Management
      Mainland China                                      Vote
2.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2.2   Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
2.3   Approve Allocation of Income and Cash     For       Did Not    Management
      Dividend NTD 2.5 per Share and Stock                Vote
      Dividend of 100 Shares per 1000 Shares
2.4   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
2.5   Amend Procedures Governing Financial      For       Did Not    Management
      Derivative Transactions                             Vote
2.6   Amend Operating Procedures for            For       Did Not    Management
      Endorsement and Guarantee                           Vote
3     Elect Directors and Supervisors           For       Did Not    Management
                                                          Vote
4     Other Business                            None      Did Not    Management
                                                          Vote


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

WINTEK CORPORATION

Ticker:                      Security ID:  TW0002384005
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Endorsement Guaranty to None      None       Management
      Third Party
1.4   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 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
3     Other Business                            For       Against    Management


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

WUMART STORES INC

Ticker:                      Security ID:  CN0005900757
Meeting Date: SEP 24, 2004   Meeting Type: Special
Record Date:  SEP 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


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

WUMART STORES INC

Ticker:                      Security ID:  CN0005900757
Meeting Date: SEP 24, 2004   Meeting Type: Special
Record Date:  SEP 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Li Lu-an as an Independent          For       For        Management
      Non-Executive Director and Authorize
      Board to Fix His Remuneration
2     Elect Lu Jiang as an Independent          For       For        Management
      Non-Executive Director and Authorize
      Board to Fix His Remuneration
3     Approve Connected Transaction with a      For       For        Management
      Related Party
4     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights


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

ZENTIVA NV

Ticker:                      Security ID:  NL0000405173
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Announcements (Non-Voting)        None      Did Not    Management
                                                          Vote
3.1   Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
3.2   Discuss and Approve IFRS Accounts         For       Did Not    Management
                                                          Vote
3.3   Receive Report of Executive and           None      Did Not    Management
      Non-Executive Directors                             Vote
4     Discussion about Company's Corporate      None      Did Not    Management
      Governance Report                                   Vote
5.1   Approve Discharge of Executive Directors  For       Did Not    Management
                                                          Vote
5.2   Approve Discharge of Non-Executive        For       Did Not    Management
      Directors                                           Vote
6     Appoint Urs Kamber as Director B of       For       Did Not    Management
      Company                                             Vote
7     Receive Explanation of Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
8     Approve Proposal to Pay Dividends         For       Did Not    Management
                                                          Vote
9     Approve Remuneration Report Containing    For       Did Not    Management
      Remuneration Policy for Executive                   Vote
      Directors
10    Approve Remuneration of Non-Executive     For       Did Not    Management
      Directors                                           Vote
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12    Approve Employee Stock Option Plan        For       Did Not    Management
                                                          Vote
13    Authorization of Board to Enable Proxy    For       Did Not    Management
      Solicitation                                        Vote
14    Reappoint Auditors                        For       Did Not    Management
                                                          Vote
15    Close Meeting                             None      Did Not    Management
                                                          Vote


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

ZTE CORPORATION (FORMERLY SHENZHEN ZHONGXING TELECOM CO LTD)

Ticker:                      Security ID:  CN000A0DNMQ9
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  APR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Accept Report of the Board of Directors   For       For        Management
3     Accept Report of the Supervisory          For       For        Management
      Committee
4     Accept Report of the President of the     For       For        Management
      Company
5     Accept Annual Report of the Company       For       For        Management
6     Approve Profit Distribution Plan          For       For        Management
7a    Approve 2005 Framework Purchase Agreement For       Against    Management
      Entered into Between ZTE Kangxun Telecom
      Company Limited and Shenzhen Zhongxingxin
      Telecommunications Equipment Company,
      Limited
7b    Approve 2005 Framework Purchase Agreement For       Against    Management
      Entered into Between ZTE Kangxun Telecom
      Company Limited and Xi'an
      Microelectronics Technology Research
      Institute
7c    Approve 2005 Framework Purchase Agreement For       Against    Management
      Entered into Between ZTE Kangxun Telecom
      Company Limited and Chung Hing (Hong
      Kong) Development Limited
7d    Approve 2005 Framework Purchase Agreement For       Against    Management
      Entered into Between Shenzhen Lead
      Communications Company Limited and
      Shenzhen Zhongxing Xinyu FPC Company
      Limited
7e    Approve 2005 Framework Purchase Agreement For       Against    Management
      Entered into Between ZTE Kangxun Telecom
      Company Limited and Shenzhen Zhongxing
      WXT Equipment Company Limited
8a    Approve Appointment of Ernst & Young as   For       For        Management
      International Auditors for the Year Ended
      December 31, 2004 and Their Remuneration
      of HK$3.5 Million
8b    Reappoint Ernst & Young as International  For       For        Management
      Auditors for the Year Ending December 31,
      2005 and Authorize Board to Fix Their
      Remuneration
8c    Approve Appointment of Shenzhen Da Hua    For       For        Management
      Tian Cheng Certified Public Accountants
      as Domestic Auditors and Their
      Remuneration of RMB 480,000 for the Year
      Ended December 31, 2004
9a    Approve Resignation of Tan Shanyi as      For       For        Management
      Director
9b    Approve Resignation of Tan Zhenhui as     For       For        Management
      Independent Director
10a   Approve Resignation Li Huanru as          For       For        Management
      Supervisor
10b   Approve Resignation Cui Hongwei as        For       For        Management
      Supervisor
10c   Approve Resignation of Cao Quansheng as   For       For        Management
      Supervisor
10d   Approve Resignation of Li Jinhu as        For       For        Management
      Supervisor
10e   Elect Qu Deqian as Supervisor             For       For        Management
10f   Elect Wang Yan as Supervisor              For       For        Management
11    Amend Articles Re: Meeting and Voting     For       For        Management
      Procedures, Board Matters, Related Party
      Transactions and Distribution of Profits
      to Shareholders
12    Approve Amendments to the Rules of        For       For        Management
      Procedure for Shareholders General
      Meetings of ZTE Corporation
13    Approve Amendments to the Rules of        For       For        Management
      Procedure for Board of Directors Meetings
      of ZTE Corporation
14    Approve Amendments to the Rules of        For       For        Management
      Procedure for Supervisory Committee
      Meetings of ZTE Corporation




================================ GLOBAL GROWTH =================================


AETNA INC.

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

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


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

AMDOCS LIMITED

Ticker:       DOX            Security ID:  G02602103
Meeting Date: JAN 20, 2005   Meeting Type: Annual
Record Date:  NOV 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bruce K. Anderson         For       For        Management
1.2   Elect  Director Adrian Gardner            For       For        Management
1.3   Elect  Director Dov Baharav               For       For        Management
1.4   Elect  Director Julian A. Brodsky         For       For        Management
1.5   Elect  Director Charles E. Foster         For       For        Management
1.6   Elect  Director Eli Gelman                For       For        Management
1.7   Elect  Director James S. Kahan            For       For        Management
1.8   Elect  Director Nehemia Lemelbaum         For       For        Management
1.9   Elect  Director John T. Mclennan          For       For        Management
1.10  Elect  Director Robert A. Minicucci       For       For        Management
1.11  Elect  Director Simon Olswang             For       For        Management
1.12  Elect  Director Mario Segal               For       For        Management
2     APPROVAL OF CONSOLIDATED FINANCIAL        For       For        Management
      STATEMENTS FOR FISCAL YEAR 2004.
3     RATIFICATION AND APPROVAL OF ERNST &      For       For        Management
      YOUNG LLP AND AUTHORIZATION OF AUDIT
      COMMITTEE OF BOARD TO FIX REMUNERATION.


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

AMERICAN EXPRESS CO.

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

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


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

AXA (FORMERLY AXA-UAP)

Ticker:       AXA            Security ID:  FR0000120628
Meeting Date: APR 20, 2005   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 0.61 per Share                     Vote
4     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Account to                  Vote
      Ordinary Reserve
5     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
6     Confirm Resignation and Non-Reelection of For       Did Not    Management
      Thierry Breton as Supervisory Board                 Vote
      Member
7     Reelect Anthony Hamilton as Supervisory   For       Did Not    Management
      Board Member                                        Vote
8     Reelect Henri Lachmann as Supervisory     For       Did Not    Management
      Board Member                                        Vote
9     Reelect Michel Pebereau as Supervisory    For       Did Not    Management
      Board Member                                        Vote
10    Ratify Appointment of Leo Apotheker as    For       Did Not    Management
      Supervisory Board Member                            Vote
11    Elect Jacques de Chateauvieux as          For       Did Not    Management
      Supervisory Board Member                            Vote
12    Elect Dominique Reiniche as Supervisory   For       Did Not    Management
      Board Member                                        Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 1 Million                   Vote
14    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 1 Billion for Bonus Issue or              Vote
      Increase in Par Value
16    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 1.5 Billion
17    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1 Billion
18    Authorize Management Board to Set Issue   For       Did Not    Management
      Price for Ten Percent of Issued Capital             Vote
      Pursuant to Issue Authority without
      Preemptive Rights
19    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Submitted to Shareholder Vote Above
20    Authorize Capital Increase of Up to EUR 1 For       Did Not    Management
      Billion for Future Exchange Offers                  Vote
21    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Exchange Offers
22    Authorize Issuance of Equity Upon         For       Did Not    Management
      Conversion of a Subsidiary's                        Vote
      Equity-Linked Securities
23    Approve Issuance of Securities            For       Did Not    Management
      Convertible into Debt                               Vote
24    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
25    Authorize Up to 0.5 Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
26    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
27    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
28    Amend Articles of Association Re:         For       Did Not    Management
      Definition of Related-Party Transactions            Vote
29    Amend Articles Re: Stock Option and       For       Did Not    Management
      Restricted Stock Plans                              Vote
30    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

BANCO DE SABADELL

Ticker:                      Security ID:  ES0113860532
Meeting Date: APR 20, 2005   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 Distribution of Dividend for
      Fiscal Year 12-31-04; Approve Discharge
      of Directors
2     Fix Number of Directors to 13 Members and For       For        Management
      Elect Directors to the Board
3     Authorize Share Repurchase Program and    For       For        Management
      Cancellation of Repurchased Shares
4     Authorize Issuance of Debt Instruments    For       For        Management
      for a Three-Year Term
5     Reelect PricewaterhouseCoopers Auditores  For       For        Management
      SL as Auditors for a Period of One Year
6     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

BOEING CO., THE

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

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


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

CANON INC.

Ticker:       CANON          Security ID:  JP3242800005
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 40, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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

CHUGAI PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  JP3519400000
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:  DEC 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: Allow Company to Limit For       For        Management
      Legal Liability of Outside Directors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


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

CINTRA CONCESIONES DE INFRAESTRUCTURAS DE TRANSPORTE SA

Ticker:                      Security ID:  ES0118900010
Meeting Date: MAR 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual Financial Statements    For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 2004
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 2004
3     Approve Allocation of Income for Fiscal   For       For        Management
      Year Ended 2004
4     Approve Discharge of Management Board     For       For        Management
      During Fiscal Year 2004
5     Elect Members to the Board of Directors   For       For        Management
6     Approve Stock Option Plan for Executives  For       Against    Management
      and Directors
7     Authorize Share Repurchase Program        For       Against    Management
8     Authorize Board to Approve Resolutions;   For       For        Management
      Authorize Filing of Required Documents


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

CISCO SYSTEMS, INC.

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

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


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

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:  FEB 25, 2005

#     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 Klaus Kleinfeld           For       For        Management
1.9   Elect  Director Dudley C. Mecum           For       For        Management
1.10  Elect  Director Anne Mulcahy              For       For        Management
1.11  Elect  Director Richard D. Parsons        For       For        Management
1.12  Elect  Director Charles Prince            For       For        Management
1.13  Elect  Director Judith Rodin              For       For        Management
1.14  Elect  Director Robert E. Rubin           For       For        Management
1.15  Elect  Director Franklin A. Thomas        For       For        Management
1.16  Elect  Director Sanford I. Weill          For       For        Management
1.17  Elect  Director Robert B. Willumstad      For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Limit/Prohibit Awards to Executives       Against   Against    Shareholder
5     Report on Political Contributions         Against   Against    Shareholder
6     Prohibit Chairman From Management Duties, Against   Against    Shareholder
      Titles or Responsibilities
7     Limit Executive Compensation              Against   Against    Shareholder
8     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
9     Review/Limit Executive Compensation       Against   Against    Shareholder
10    Adopt Simple Majority Vote                Against   For        Shareholder


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

CLOROX COMPANY, THE

Ticker:       CLX            Security ID:  189054109
Meeting Date: NOV 17, 2004   Meeting Type: Annual
Record Date:  SEP 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel Boggan, Jr.        For       For        Management
1.2   Elect  Director Tully M. Friedman         For       For        Management
1.3   Elect  Director Christoph Henkel          For       For        Management
1.4   Elect  Director William R. Johnson        For       For        Management
1.5   Elect  Director Gerald E. Johnston        For       For        Management
1.6   Elect  Director Robert W. Matschullat     For       For        Management
1.7   Elect  Director Gary G. Michael           For       For        Management
1.8   Elect  Director Klaus Morwind             For       For        Management
1.9   Elect  Director Jan L. Murley             For       For        Management
1.10  Elect  Director Lary R. Scott             For       For        Management
1.11  Elect  Director Michael E. Shannon        For       For        Management
2     Approve Outside Director Stock            For       For        Management
      Awards/Options in Lieu of Cash
3     Ratify Auditors                           For       For        Management


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

COMCAST CORP.

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

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


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

COMPAGNIE FINANCIERE RICHEMONT SA

Ticker:                      Security ID:  CH0012731458
Meeting Date: SEP 16, 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 Omission For       Did Not    Management
      of Dividends                                        Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4     Relect Johann Rupert, Jean-Paul           For       Did Not    Management
      Aeschimann, Franco Cologni, Leo                     Vote
      Deschuyteneer, Douro, Yves-Andre Istel,
      Simon Murray, Alain Perrin, Alan Quasha,
      Renwick of Clifton, Juergen Schrempp, and
      Ernst Verloop as Directors; Elect Richard
      Lepeu as Director
5     Ratify PricewaterhouseCoopers as Auditors For       Did Not    Management
                                                          Vote


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

CONTINENTAL  AG

Ticker:       CTTAY          Security ID:  DE0005439004
Meeting Date: MAY 12, 2005   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 0.80 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors for            Vote
      Fiscal 2005
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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

CORNING INC.

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

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


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

CORPORATE EXECUTIVE BOARD CO. (THE)

Ticker:       EXBD           Security ID:  21988R102
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:  JUN 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James J. Mcgonigle        For       For        Management
1.2   Elect  Director Robert C. Hall            For       For        Management
1.3   Elect  Director Nancy J. Karch            For       For        Management
1.4   Elect  Director David W. Kenny            For       For        Management
1.5   Elect  Director Daniel O. Leemon          For       For        Management
1.6   Elect  Director Thomas L. Monahan III     For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Ratify Auditors                           For       For        Management


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

DANAHER CORP.

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

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


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

DIGITAL RIVER, INC.

Ticker:       DRIV           Security ID:  25388B104
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect  Director Thomas F. Madison         For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


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

EBAY INC.

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

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


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

EFG EUROBANK S.A.

Ticker:                      Security ID:  GRS323013003
Meeting Date: APR 18, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan for Directors   For       Did Not    Management
      and Employees of the Company and Company            Vote
      Subsidiaries


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

EFG EUROBANK S.A.

Ticker:                      Security ID:  GRS323013003
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports For Fiscal Year Ended             Vote
      December 31, 2004; Approve Allocation of
      Income
2     Approve Stock Option Plan for Directors   For       Did Not    Management
      and Employees                                       Vote
3     Approve Discharge Of Board and Auditors   For       Did Not    Management
      for Fiscal Year Ended December 31, 2004             Vote
4     Approve Auditors for Fiscal Year Ending   For       Did Not    Management
      Dec. 31, 2005 and Authorize Board to Fix            Vote
      Their Remuneration
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
7     Authorize Board and Managers of the       For       Did Not    Management
      Company to Participate in Boards and                Vote
      Management of Similar Companies


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

EFG EUROBANK S.A.

Ticker:                      Security ID:  GRS323013003
Meeting Date: NOV 15, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Interim Dividend Distribution For For       Did Not    Management
      2004                                                Vote
2     Authorize Capitalization of Reserves for  For       Did Not    Management
      Bonus Issue; Amend Article Accordingly              Vote
3     Amend Decision of the Annual General      For       Did Not    Management
      Meeting on April 4, 2004 Regarding the              Vote
      Stock Option Plan
4     Approve List of Shareholders From Whom    For       Did Not    Management
      Company Repurchased Shares                          Vote


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

EMC CORP.

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

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael J. Cronin          For       For        Management
1.2   Elect Director W. Paul Fitzgerald         For       Withhold   Management
1.3   Elect Director Joseph M. Tucci            For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Performance- Based/Indexed Options        Against   For        Shareholder
5     Creation of an Independent Audit          Against   Against    Shareholder
      Committee


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

EMI GROUP PLC (FORMERLY THORN EMI)

Ticker:                      Security ID:  GB0000444736
Meeting Date: JUL 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6 Pence Per     For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Martin Bandier as Director       For       For        Management
5     Re-elect Kathleen O'Donovan as Director   For       For        Management
6     Elect John Gildersleeve as Director       For       For        Management
7     Elect Sly Bailey as Director              For       For        Management
8     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 42,090,018
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,520,198
12    Authorise 78,859,975 Ordinary Shares for  For       For        Management
      Market Purchase
13    Amend the EMI Group Savings-Related Share For       For        Management
      Option Scheme
14    Approve the EMI Group Share Incentive     For       For        Management
      Plan
15    Authorise EMI Group plc to Make EU        For       Against    Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur EU
      Political Expenditure up to GBP 50,000
16    Authorise EMI Music Ltd. to Make EU       For       Against    Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000
17    Authorise EMI Records Ltd. to Make EU     For       Against    Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000
18    Authorise EMI Music Publishing Ltd. to    For       Against    Management
      Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 50,000
      and Incur Political Expenditure up to GBP
      50,000
19    Authorise Virgin Records Ltd. to Make EU  For       Against    Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000


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

ENCANA CORP[FORMERLY PANCANADIAN ENERGY CORP

Ticker:       ECA.           Security ID:  CA2925051047
Meeting Date: APR 27, 2005   Meeting Type: Annual/Special
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael N. Chernoff        For       For        Management
1.2   Elect Director Ralph S. Cunningham        For       For        Management
1.3   Elect Director Patrick D. Daniel          For       For        Management
1.4   Elect Director Ian W. Delaney             For       For        Management
1.5   Elect Director William R. Fatt            For       For        Management
1.6   Elect Director Michael A. Grandin         For       For        Management
1.7   Elect Director Barry W. Harrison          For       For        Management
1.8   Elect Director Dale A. Lucas              For       For        Management
1.9   Elect Director Ken F. McCready            For       For        Management
1.10  Elect Director Gwyn Morgan                For       For        Management
1.11  Elect Director Valerie A.A. Nielsen       For       For        Management
1.12  Elect Director David P. O'Brien           For       For        Management
1.13  Elect Director Jane L. Peverett           For       For        Management
1.14  Elect Director Dennis A. Sharp            For       For        Management
1.15  Elect Director James M. Stanford          For       For        Management
2     Approve Auditors and Authorize Board to   For       For        Management
      Fix Remuneration of Auditors
3     Amend Employee Stock Option Plan          For       Against    Management
4     Approve 2:1 Stock Split                   For       For        Management


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

ERICSSON (TELEFONAKTIEBOLAGET L M ERICSSON)

Ticker:       ERICZ          Security ID:  SE0000108656
Meeting Date: APR 6, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
6.2   Receive Board and Committee Reports       None      Did Not    Management
                                                          Vote
6.3   Receive President's Report; Allow         None      Did Not    Management
      Questions                                           Vote
6.4   Receive Presentation of Audit Work in     None      Did Not    Management
      2004                                                Vote
7.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
7.2   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
7.3   Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 0.25 Per Share                     Vote
8     Determine Number of Members (9) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 3 Million for Chairman and            Vote
      SEK 600,000 for Other Directors; Approve
      Remuneration of Committee Members
10    Reelect Michael Treschow, Arne            For       Did Not    Management
      Maartensson, Marcus Wallenberg, Peter               Vote
      Bonfield, Sverker Martin-Loef, Nancy
      McKinstry, Eckhard Pfeiffer, and
      Carl-Henrik Svanberg as Directors;
      Election Ulf Johansson as New Director
11    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
12    Elect Bjoern Svedberg, Bengt Belfrage,    For       Did Not    Management
      Christer Elmehagen, Michael Treschow, and           Vote
      Curt Kaellstroemer as Members of
      Nominating Committee
13.1  Approve Implementation of 2005 Long-Term  For       Did Not    Management
      Incentive Plan                                      Vote
13.2  Authorize Reissuance of 39.3 Million      For       Did Not    Management
      Repurchased Class B Shares for 2005                 Vote
      Long-Term Incentive Plan for Key
      Employees
14    Authorize Reissuance of 60 Million        For       Did Not    Management
      Repurchased Class B Shares in Connection            Vote
      with 2001 Global Stock Incentive Program,
      2003 Stock Purchase Plan, and 2004
      Long-Term Incentive Plan
15    Close Meeting                             None      Did Not    Management
                                                          Vote


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

ERICSSON (TELEFONAKTIEBOLAGET L M ERICSSON)

Ticker:       ERIAF          Security ID:  SE0000108656
Meeting Date: AUG 31, 2004   Meeting Type: Special
Record Date:  AUG 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Approve Increase in Voting Rights Per     For       Did Not    Management
      Class B Share From 1/1000 to 1/10 of a              Vote
      Vote; Approve Issuance of Conversion
      Rights to Class A Shareholders (Each
      Conversion Right Entitles Holder to
      Convert One Class B Share into One Class
      A Share)
7     Shareholder Proposal: Provide All Shares  Against   Did Not    Shareholder
      with Equal Voting Rights with                       Vote
      Compensation to Class A Shareholders in
      the Form of Class B Shares
8     Close Meeting                             None      Did Not    Management
                                                          Vote


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

ERSTE BANK DER OESTER SPARK

Ticker:                      Security ID:  AT0000652011
Meeting Date: MAY 11, 2005   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              For       Did Not    Management
                                                          Vote
3a    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
3b    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital for Trading Purposes                        Vote
8     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
9     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
10    Adopt New Articles of Association         For       Did Not    Management
                                                          Vote


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

EXXON MOBIL CORP.

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

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


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

FAST RETAILING

Ticker:                      Security ID:  JP3802300008
Meeting Date: NOV 25, 2004   Meeting Type: Annual
Record Date:  AUG 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 50,
      Final JY 65, 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
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


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

GENENTECH, INC.

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

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


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

GENERAL ELECTRIC CO.

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

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


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

GILEAD SCIENCES, INC.

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

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Paul Berg                  For       For        Management
1.2   Elect Director Etienne F. Davignon        For       For        Management
1.3   Elect Director James M. Denny             For       For        Management
1.4   Elect Director John C. Martin             For       For        Management
1.5   Elect Director Gordon E. Moore            For       For        Management
1.6   Elect Director Nicholas G. Moore          For       For        Management
1.7   Elect Director George P. Shultz           For       For        Management
1.8   Elect Director Gayle E. Wilson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management
4     Report on Impact of HIV/AIDS, TB, and     Against   Against    Shareholder
      Malaria Pandemics


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

GILLETTE CO., THE

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

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


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

GOLDMAN SACHS GROUP, INC., THE

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

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


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

HARRAH'S ENTERTAINMENT, INC.

Ticker:       HET            Security ID:  413619107
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Barbara T. Alexander      For       For        Management
1.2   Elect  Director Frank J. Biondi, Jr.      For       For        Management
1.3   Elect  Director Robert G. Miller          For       For        Management
1.4   Elect  Director Christopher J. Williams   For       For        Management
2     Ratify Auditors                           For       For        Management


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

HARRAH'S ENTERTAINMENT, INC.

Ticker:       HET            Security ID:  413619107
Meeting Date: MAR 11, 2005   Meeting Type: Special
Record Date:  JAN 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Issue Shares in Connection with an        For       For        Management
      Acquisition
2     Increase Authorized Common Stock          For       For        Management


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

HONEYWELL INTERNATIONAL, INC.

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

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


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

HOYA CORP.

Ticker:                      Security ID:  JP3837800006
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase and
      Cancellation
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management
4     Appoint External Audit Firm               For       For        Management


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

HYUNDAI MOTOR CO.

Ticker:       HYMPY          Security ID:  KR7005380001
Meeting Date: MAR 4, 2005    Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1150 Per Ordinary Share
2     Elect Directors                           For       For        Management
3     Elect Member of Audit Committee           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Amend Articles of Incorporation Re:       For       For        Management
      Additional Business Objectives


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

ING GROEP NV

Ticker:       ING            Security ID:  NL0000303600
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Reports of Executive and          None      None       Management
      Supervisory Boards
2b    Discussion on Profit Retention and        None      None       Management
      Distribution Policy
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Approve Allocation of Income and Total    For       For        Management
      Dividends of EUR 1.07 Per Share
4a    Approve Discharge of Executive Board      For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5a    Discuss and Approve Implementation of     For       For        Management
      Dutch Corporate Governance Code by
      Company
5b    Discuss Executive Board Profile           None      None       Management
5c    Discuss Supervisory Board Profile         None      None       Management
6a    Reelect Luella Gross Goldberg to          For       For        Management
      Supervisory Board
6b    Reelect Godfried van der Lugt to          For       For        Management
      Supervisory Board
6c    Elect Jan Hommen to Supervisory Board     For       For        Management
6d    Elect Christine Lagarde to Supervisory    For       For        Management
      Board
7     Approve Stock Option and Incentive Stock  For       For        Management
      Grants for Members of Executive Board
8a    Grant Board Authority to Issue 220        For       For        Management
      Million Ordinary Shares
      Restricting/Excluding Preemptive Rights
      (Plus 220 Million Ordinary Shares in
      Connection with Merger)
8b    Grant Board Authority to Issue 10 Million For       For        Management
      Preference B Shares in Connection with
      Conversion of ING Perpetuals III
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management


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

JCDECAUX SA

Ticker:                      Security ID:  FR0000077919
Meeting Date: MAY 11, 2005   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 Omission For       Did Not    Management
      of Dividends                                        Vote
4     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Account to Other            Vote
      Reserves
5     Approve Non-Tax Deductible Expenses       For       Did Not    Management
                                                          Vote
6     Approve Related-Party Transaction Re:     For       Did Not    Management
      Acquisition of Brands, Models, and                  Vote
      Patents from Jean-Claude Decaux
7     Approve Related-Party Transaction Re:     For       Did Not    Management
      Severance Package to Robert Caudron                 Vote
8     Approve Related-Party Transaction Re:     For       Did Not    Management
      Acquisition of Patent from Jean-Charles             Vote
      Decaux, Jean-Francois Decaux, and
      Jean-Sebastien Decaux
9     Approve Related-Party Transaction Between For       Did Not    Management
      the Company and JCDecaux Deutschland                Vote
10    Approve Related-Party Transaction Re:     For       Did Not    Management
      Transfer of Assets to Aussenwerbung                 Vote
      Tschechien-Slowakei Beteilingungs GmbH
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12    Cancel Debt Issuance Authority Submitted  For       Did Not    Management
      to Shareholder Vote at May 12, 2004 AGM             Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 168,760                     Vote
14    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 2 Million; Authorize Issuance of
      Securities Convertible into Debt
15    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 2 Million; Authorize
      Issuance of Securities Convertible into
      Debt
16    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Acquisitions
17    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 2 Million for Bonus Issue or              Vote
      Increase in Par Value
18    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authority Above
19    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
20    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
21    Authorize Up to 0.5 Percent of Issued     For       Did Not    Management
      Capital For Use in Restricted Stock Plan            Vote
22    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Up to Ten Percent of                Vote
      Treasury Shares
23    Amend Articles of Association Re: Form of For       Did Not    Management
      Shares, Identification of Shareholders,             Vote
      Shareholding Thresholds, Organization and
      Powers of Management Board, Related-Party
      Transactions, and AGMs
24    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

JOHNSON & JOHNSON

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

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


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

JSR CORP.

Ticker:                      Security ID:  JP3385980002
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7,
      Final JY 7, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Deep Discount Stock Option Plan   For       Against    Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors
7     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors and Special
      Payments to Continuing Directors and
      Statutory Auditors in Connection with
      Abolition of Retirement Bonus System


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

KBC GROUPE (FRM. KBC BANK AND INSURANCE HOLDING COMPANY)

Ticker:                      Security ID:  BE0003565737
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Discuss Consolidated Financial Statements None      Did Not    Management
      Received by Almanij SA Board                        Vote
2     Discuss Auditor Reports on Almanij SA     None      Did Not    Management
      Consolidated and Non-Consolidated                   Vote
      Financial Statements
3     Accept Almanij SA Consolidated Financial  None      Did Not    Management
      Statements                                          Vote
4     Accept Almanij SA Financial Statements    For       Did Not    Management
                                                          Vote
5     Discuss Consolidated Financial Statements None      Did Not    Management
      Received by KBC Bancassurance Holding SA            Vote
      Board
6     Discuss Auditor Reports on KBC            None      Did Not    Management
      Bancassurance Holding SA Consolidated and           Vote
      Non-Consolidated Financial Statements
7     Receive KBC Bancassurance Holding SA.     None      Did Not    Management
      Consolidated Financial Statements                   Vote
8     Accept KBC Bancassurance Holding SA       For       Did Not    Management
      Financial Statements                                Vote
9     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.84 per Share                     Vote
10    Approve Discharge of Almanaji SA          For       Did Not    Management
      Directors                                           Vote
11    Approve Discharge of KBC Bancassurance    For       Did Not    Management
      Holding SA Directors                                Vote
12    Approve Discharge of Almanaji SA Auditors For       Did Not    Management
                                                          Vote
13    Approve Discharge of KBC Bancassurance    For       Did Not    Management
      Holding SA Auditors                                 Vote
14    Reelect Luc Philips as Director           For       Did Not    Management
                                                          Vote
15    Approve Renumeration of Auditors of EUR   For       Did Not    Management
      60,000                                              Vote
16    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
17    Discuss Corporate Governance              None      Did Not    Management
                                                          Vote
18    Transact Other Business                   None      Did Not    Management
                                                          Vote


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

KOHL'S CORP.

Ticker:       KSS            Security ID:  500255104
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James D. Ericson           For       For        Management
1.2   Elect Director William S. Kellogg         For       For        Management
1.3   Elect Director Arlene Meier               For       For        Management
1.4   Elect Director R. Elton White             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   For        Shareholder
4     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote


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

MAN GROUP PLC  (FORMERLY ED & F MAN GROUP PLC)

Ticker:                      Security ID:  GB0002944055
Meeting Date: JUL 7, 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 18.6 Pence Per  For       For        Management
      Ordinary Share
4     Elect Jon Aisbitt as Director             For       For        Management
5     Elect Chris Chambers as Director          For       For        Management
6     Elect Jonathan Nicholls as Director       For       For        Management
7     Re-elect Alison Carnwath as Director      For       For        Management
8     Re-elect Harvey McGrath as Director       For       For        Management
9     Re-elect Glen Moreno as Director          For       For        Management
10    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Scrip Dividend                    For       For        Management
13    Approve Capital Reorganisation Re:        For       For        Management
      Cancellation of Ordinary Share Capital,
      Capital Increase and Redenomination of
      Share Capital into US Dollars
14    Amend Articles of Association Re: The     For       For        Management
      Redenomination of Share Capital
15    Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to 103,434,640 Ordinary Shares
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to 15,515,190
      Ordinary Shares
17    Authorise 31,030,393 Ordinary Shares for  For       For        Management
      Market Purchase
18    Approve Increase in the Aggregate         For       For        Management
      Remuneration of Non-Executive Directors
      from GBP 500,000 to GBP 1,000,000


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

MCAFEE INC.

Ticker:       MFE            Security ID:  579064106
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mr. Robert Bucknam        For       For        Management
1.2   Elect  Director Ms. Liane Wilson          For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


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

MEDICIS PHARMACEUTICAL CORP.

Ticker:       MRX            Security ID:  584690309
Meeting Date: NOV 17, 2004   Meeting Type: Annual
Record Date:  OCT 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jonah Shacknai             For       For        Management
1.2   Elect Director Michael A. Pietrangelo     For       For        Management
1.3   Elect Director Lottie H. Shackelford      For       For        Management
2     Approve Stock Option Plan                 For       Against    Management
3     Ratify Auditors                           For       For        Management


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

MEDTRONIC, INC.

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

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


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

MONSANTO CO.

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

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John W. Bachmann          For       For        Management
1.2   Elect  Director William U. Parfet         For       Withhold   Management
1.3   Elect  Director George H. Poste           For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       Against    Management
4     Report on Genetically Modified Organisms  Against   Against    Shareholder
5     Report on Export of Hazardous Pesticides  Against   Against    Shareholder
6     Adopt Human Rights Policy                 Against   Against    Shareholder
7     Eliminate Animal Testing                  Against   Against    Shareholder


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

MONSTER WORLDWIDE, INC.

Ticker:       MNST           Security ID:  611742107
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Andrew J. McKelvey         For       Did Not    Management
                                                          Vote
1.2   Elect Director George R. Eisele           For       Did Not    Management
                                                          Vote
1.3   Elect Director John Gaulding              For       Did Not    Management
                                                          Vote
1.4   Elect Director Michael Kaufman            For       Did Not    Management
                                                          Vote
1.5   Elect Director Ronald J. Kramer           For       Did Not    Management
                                                          Vote
1.6   Elect Director David A. Stein             For       Did Not    Management
                                                          Vote
1.7   Elect Director John Swann                 For       Did Not    Management
                                                          Vote
2     Amend Non-Employee Director Omnibus Stock For       Did Not    Management
      Plan                                                Vote


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

MOTOROLA, INC.

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

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


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

NABORS INDUSTRIES, LTD.

Ticker:       NBR            Security ID:  G6359F103
Meeting Date: JUN 7, 2005    Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Anthony G. Petrello       For       For        Management
1.2   Elect  Director Myron M. Sheinfeld        For       For        Management
1.3   Elect  Director Martin J. Whitman         For       For        Management
2     Ratify Auditors                           For       For        Management
3     AMENDMENT TO AMENDED AND RESTATED         For       For        Management
      BYE-LAWS TO REQUIRE SHAREHOLDER APPROVAL
      OF CERTAIN DISPOSITIONS OF COMPANY S
      ASSETS.
4     AMENDMENT TO 2003 EMPLOYEE STOCK PLAN TO  For       Against    Management
      MAKE NONEMPLOYEE DIRECTORS ELIGIBLE
      PARTICIPANTS.
5     SHAREHOLDER PROPOSAL TO REQUIRE THE       Against   Against    Shareholder
      COMPANY TO ADOPT A POLICY THAT A
      SIGNIFICANT AMOUNT OF FUTURE STOCK GRANTS
      TO SENIOR EXECUTIVES BE PERFORMANCE
      BASED.


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

NASPERS LTD (FORMERLY NASIONALE PERS BEPERK)

Ticker:                      Security ID:  ZAE000015889
Meeting Date: SEP 3, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Mar. 31, 2004
2     Approve Dividends                         For       For        Management
3     Approve Remuneration of Directors         For       For        Management
4     Ratify PricewaterhouseCoopers as Auditors For       For        Management
5     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
6     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
7.1   Reelect N.P. van Heerden as Director      For       For        Management
7.2   Reelect L.N. Jonker as Director           For       For        Management
7.3   Reelect G.J. Gerwel as Director           For       For        Management
8.1   Reelect F. du Pleassis as Director        For       For        Management
      Appointed During the Year
8.2   Reelect R.C.C. Rafta as Director          For       For        Management
      Appointed During the Year
8.3   Reelect F.T.M. Phaswana as Director       For       For        Management
      Appointed During the Year
9     Place Authorized But Unissued Shares      For       Against    Management
      under Control of Directors Pursuant to
      Share Incentive Schemes
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
11    Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
12    Amend Articles of Association Re:         For       For        Management
      Appointment of Directors During the Year


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

NATIONAL FINANCIAL PARTNERS CORP.

Ticker:       NFP            Security ID:  63607P208
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephanie W. Abramson     For       For        Management
1.2   Elect  Director Arthur S. Ainsberg        For       For        Management
1.3   Elect  Director Marc E. Becker            For       For        Management
1.4   Elect  Director Jessica M. Bibliowicz     For       For        Management
1.5   Elect  Director John A. Elliott           For       For        Management
1.6   Elect  Director Shari Loessberg           For       For        Management
1.7   Elect  Director Marc J. Rowan             For       For        Management
2     Ratify Auditors                           For       For        Management


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

NOBEL BIOCARE HOLDING AG

Ticker:                      Security ID:  CH0014030040
Meeting Date: APR 28, 2005   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 2.65 per Share                     Vote
3     Approve Standard Accounting Transfers     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
5.1   Reelect Jane Royston, Rolf Soiron, Michel For       Did Not    Management
      Orsinger, and Ernst Zaengerle as                    Vote
      Directors
5.2   Elect Antoine Firmenich and Robert Lilja  For       Did Not    Management
      as Directors                                        Vote
5.3   Ratify KPMG Fides Peat as Auditors        For       Did Not    Management
                                                          Vote
6.1   Change Location of Registered Office to   For       Did Not    Management
      Kloten, Switzerland                                 Vote
6.2   Amend Articles Re: Submission of          For       Did Not    Management
      Shareholder Proposals                               Vote


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

NOBLE CORP

Ticker:       NE             Security ID:  G65422100
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lawrence J. Chazen        For       For        Management
1.2   Elect  Director Mary P. Ricciardello      For       For        Management
1.3   Elect  Director William A. Sears          For       For        Management
2     APPROVAL OF ADOPTION OF SPECIAL           For       For        Management
      RESOLUTION OF MEMBERS TO AMEND ARTICLES
      OF ASSOCIATION TO INCREASE DIRECTOR
      RETIREMENT AGE.
3     APPROVAL OF THE PROPOSAL REGARDING THE    For       For        Management
      AMENDED AND RESTATED NOBLE CORPORATION
      1992 NONQUALIFIED STOCK OPTION PLAN FOR
      NON-EMPLOYEE DIRECTORS.
4     APPROVAL OF THE PROPOSAL TO AMEND THE     For       For        Management
      NOBLE CORPORATION EQUITY COMPENSATION
      PLAN FOR NON-EMPLOYEE DIRECTORS.
5     Ratify Auditors                           For       For        Management


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

NOVARTIS AG

Ticker:       NVS            Security ID:  CH0012005267
Meeting Date: MAR 1, 2005    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          For       Did Not    Management
      Dividends of CHF 1.05 per Share                     Vote
4     Approve CHF 19 Million Reduction in Share For       Did Not    Management
      Capital via Share Cancellation                      Vote
5     Authorize Repurchase of up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
6.1   Reelect Birgit Breuel as Director         For       Did Not    Management
                                                          Vote
6.2   Reelect Peter Burckhardt as Director      For       Did Not    Management
                                                          Vote
6.3   Reelect Alexandre Jetzer as Director      For       Did Not    Management
                                                          Vote
6.4   Reelect Pierre Landolt as Director        For       Did Not    Management
                                                          Vote
6.5   Reelect Ulrich Lehner as Director         For       Did Not    Management
                                                          Vote
7     Ratify PricewaterhouseCoopers AG as       For       Did Not    Management
      Auditors                                            Vote


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

OPAP (GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA )

Ticker:                      Security ID:  GRS419003009
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  MAY 25, 2005

#     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 Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
4     Approve One Principal and One Substitute  For       Did Not    Management
      Auditor and Authorize Board to Fix Their            Vote
      Remuneration
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Approve Remuneration of Directors Who Are For       Did Not    Management
      Members of Company's Board Committees               Vote
7     Elect Director in Replacement of Resigned For       Did Not    Management
      Board Member                                        Vote
8     Approve Monthly Remuneration of to        For       Did Not    Management
      Company's President for the Period                  Vote
      Between March 23, 2005 to May 31, 2005;
      Determine Monthly Remuneration Starting
      On June 1, 2005
9     Approve Contract Agreement Between New    For       Did Not    Management
      Managing Director and the Company                   Vote
10    Amend Article 5 of Company's Articles of  For       Did Not    Management
      Association Re: Share Capital and                   Vote
      Shareholding Structure
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

ORIX CORP.

Ticker:                      Security ID:  JP3200450009
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Expand Business Lines  For       For        Management
      - Cancel Year-End Closure of Shareholder
      Register and Clarify Board's Authority to
      Vary AGM Record Date
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


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

POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI S.A.

Ticker:                      Security ID:  PLPKO0000016
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Meeting Chairman                    For       Did Not    Management
                                                          Vote
3     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Approve Meeting Procedures                For       Did Not    Management
                                                          Vote
6     Receive Management Board Report on        None      Did Not    Management
      Company's Activities in 2004                        Vote
7     Receive Supervisory Board Report          None      Did Not    Management
                                                          Vote
8.1   Approve Management Board Report on        For       Did Not    Management
      Company's Activities in 2004                        Vote
8.2   Approve Financial Statements              For       Did Not    Management
                                                          Vote
8.3   Approve Supervisory Board Report          For       Did Not    Management
                                                          Vote
8.4   Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8.5   Approve Dividends                         For       Did Not    Management
                                                          Vote
8.6   Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
8.7   Approve Annual Bonus for CEO for His Work For       Did Not    Management
      in 2004                                             Vote
8.8   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
8.9   Approve Increase in Reserve Capital       For       Did Not    Management
                                                          Vote
8.10  Transfer Funds from Reserve Capital to    For       Did Not    Management
      Increase Company's Brokerage Activity               Vote
      Fund
9.1   Approve Consolidated Statutory Reports    For       Did Not    Management
                                                          Vote
9.2   Approve Consolidated Financial Statements For       Did Not    Management
                                                          Vote
10    Accept International Accounting Standards For       Did Not    Management
      as Official Accounting Standards for                Vote
      Preparing Company's Financial Statements
11    Amend Statute Re: Convert Series B and C  For       Did Not    Management
      Registered Shares into Bearer Shares                Vote
12    Elect Supervisory Board                   For       Did Not    Management
                                                          Vote
13    Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

PROCTER & GAMBLE COMPANY, THE

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

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director R. Kerry Clark            For       For        Management
1.2   Elect  Director Joseph T. Gorman          For       For        Management
1.3   Elect  Director Lynn M. Martin            For       For        Management
1.4   Elect  Director Ralph Snyderman, M.D.     For       For        Management
1.5   Elect  Director Robert D. Storey          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Declassify the Board of Directors         Against   For        Management
5     Implement/ Report on Animal Welfare       Against   Against    Shareholder
      Standards


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

PRUDENTIAL FINANCIAL INC

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

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


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

RANDSTAD HOLDING NV

Ticker:                      Security ID:  NL0000379121
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Report of Executive Board         None      Did Not    Management
                                                          Vote
3a    Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
3b    Receive Explanation on Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
3c    Approve Dividend                          For       Did Not    Management
                                                          Vote
4a    Approve Discharge of Executive Board      For       Did Not    Management
                                                          Vote
4b    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Reelect J.C.M. Hovers to Supervisory      For       Did Not    Management
      Board                                               Vote
6     Reelect A.H.J. Risseeuw as Director of    For       Did Not    Management
      'Stichting Administratiekantoor                     Vote
      Preferente Aandelen Randstad Holding'
7     Discussion on Corporate Governance        None      Did Not    Management
                                                          Vote
8a    Approve Remuneration Report Containing    For       Did Not    Management
      Remuneration Policy for Executive Board             Vote
      Members
8b    Approve Performance-Related Remuneration  For       Did Not    Management
      of Executive Board in Shares and Share              Vote
      Options
9     Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
10    Amend Articles                            For       Did Not    Management
                                                          Vote
11    Ratify Auditors                           For       Did Not    Management
                                                          Vote
12    Close Meeting                             None      Did Not    Management
                                                          Vote


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

RCS MEDIAGROUP SPA (FORMERLY HOLDING DI PARTECIPAZIONI INDUSTRIALI SPA)

Ticker:                      Security ID:  IT0003039010
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       Did Not    Management
      Reports, and Allocation of Income;                  Vote
      Authorize Bonus Issue of Treasury Shares
      To Shareholders
2     Fix Number of Directors on the Board;     For       Did Not    Management
      Elect Directors;  Determine Directors'              Vote
      Term and Remuneration
3     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares; Cancel            Vote
      Outstanding Authorization Approved on
      April 29, 2004
1     Approve Issuance of Up to 25.74 Million   For       Did Not    Management
      Shares Pursuant to Share Option Scheme in           Vote
      Favor of Group Employees
2     Amend Article 8 of the Bylaws             For       Did Not    Management
                                                          Vote


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

RECKITT BENCKISER PLC (FORMERLY RECKITT & COLMAN PLC )

Ticker:                      Security ID:  GB0007278715
Meeting Date: MAY 5, 2005    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       Against    Management
3     Approve Final Dividend of 18 Pence Per    For       For        Management
      Share
4     Re-elect Adrian Bellamy as Director       For       For        Management
5     Re-elect George Greener as Director       For       For        Management
6     Elect Graham Mackay as Director           For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 25,438,000
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,815,000
10    Authorise 72,500,000 Shares for Market    For       For        Management
      Purchase
11    Approve Reckitt Benckiser 2005            For       Against    Management
      Savings-Related Share Option Plan
12    Approve Reckitt Benckiser 2005 Global     For       Against    Management
      Stock Profit Plan
13    Approve Reckitt Benckiser 2005 USA        For       Against    Management
      Savings-Related Share Option Plan
14    Amend Reckitt Benckiser Senior Executive  For       For        Management
      Share Ownership Policy Plan


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

RESMED, INC.

Ticker:       RMD            Security ID:  761152107
Meeting Date: NOV 18, 2004   Meeting Type: Annual
Record Date:  SEP 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael A. Quinn           For       For        Management
1.2   Elect Director Christopher Bartlett       For       For        Management
2     Ratify Auditors                           For       For        Management


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

ROYAL BANK OF SCOTLAND GROUP PLC (THE)

Ticker:       RBSPRE         Security ID:  GB0007547838
Meeting Date: APR 20, 2005   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 41.2 Pence Per  For       For        Management
      Share
4     Re-elect Jim Currie as Director           For       For        Management
5     Re-elect Sir Fred Goodwin as Director     For       For        Management
6     Re-elect Sir Steve Robson as Director     For       For        Management
7     Elect Archie Hunter as Director           For       For        Management
8     Elect Charles Koch as Director            For       For        Management
9     Elect Joe MacHale as Director             For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Share      For       For        Management
      Capital; Authorise Issue of Equity or
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 264,579,936
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 39,686,990
14    Authorise 317,495,924 Shares for Market   For       For        Management
      Purchase
15    Approve 71 M Category II Non-Cumulative   For       For        Management
      US$ Pref. Shares; Allot the Newly Created
      and 179.5 M Unissued Category II
      Non-Cumulative US$ Pref. Shares, the
      64.75 M Unissued Non-Cumulative Euro
      Pref. Shares and 300 M Unissued
      Non-Cumulative GBP Pref. Shares
16    Approve Citizens Financial Group, Inc.    For       For        Management
      Long Term Incentive Plan


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

SAMSUNG ELECTRONICS CO. LTD.

Ticker:       SSNHY          Security ID:  KR7005930003
Meeting Date: FEB 28, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income, with a   For       For        Management
      Final Dividend of KRW 5000 Per Common
      Share
2     Elect One Director                        For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors


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

SAP AG

Ticker:       SAP            Security ID:  DE0007164600
Meeting Date: MAY 12, 2005   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 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors                Vote
6     Elect Erhard Schipporeit to the           For       Did Not    Management
      Supervisory Board                                   Vote
7     Amend Articles Re: Share Capital;         For       Did Not    Management
      Conditional Captial IIa; Conditional                Vote
      Capital IIIa
8     Change Company Name to SAP AG             For       Did Not    Management
                                                          Vote
9     Amend Articles Re: Calling of and         For       Did Not    Management
      Registration for Shareholder Meetings due           Vote
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
10    Approve Creation of EUR 60 Million Pool   For       Did Not    Management
      of Conditional Capital with Preemptive              Vote
      Rights; Approve Creation of EUR 60
      Million Pool of Conditional Capital
      without Preemptive Rights
11    Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
12    Authorize Use of Financial Derivatives    For       Did Not    Management
      Method when Repurchasing Shares                     Vote


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

SCHLUMBERGER LTD.

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

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Deutch                 For       Did Not    Management
                                                          Vote
1.2   Elect  Director J.S. Gorelick             For       Did Not    Management
                                                          Vote
1.3   Elect  Director A. Gould                  For       Did Not    Management
                                                          Vote
1.4   Elect  Director T. Isaac                  For       Did Not    Management
                                                          Vote
1.5   Elect  Director A. Lajous                 For       Did Not    Management
                                                          Vote
1.6   Elect  Director A. Levy-Lang              For       Did Not    Management
                                                          Vote
1.7   Elect  Director M.E. Marks                For       Did Not    Management
                                                          Vote
1.8   Elect  Director D. Primat                 For       Did Not    Management
                                                          Vote
1.9   Elect  Director T.I. Sandvold             For       Did Not    Management
                                                          Vote
1.10  Elect  Director N. Seydoux                For       Did Not    Management
                                                          Vote
1.11  Elect  Director L.G. Stuntz               For       Did Not    Management
                                                          Vote
1.12  Elect  Director R. Talwar                 For       Did Not    Management
                                                          Vote
2     ADOPTION AND APPROVAL OF FINANCIALS AND   For       Did Not    Management
      DIVIDENDS                                           Vote
3     ADOPTION OF MANDATORY AMENDMENTS TO THE   For       Did Not    Management
      ARTICLES OF INCORPORATION                           Vote
4     ADOPTION OF VOLUNTARY AMENDMENTS TO THE   For       Did Not    Management
      ARTICLES OF INCORPORATION                           Vote
5     APPROVAL OF ADOPTION OF THE SCHLUMBERGER  For       Did Not    Management
      2005 OPTION PLAN                                    Vote
6     APPROVAL OF ADOPTION OF AN AMENDMENT TO   For       Did Not    Management
      THE SCHLUMBERGER DISCOUNTED STOCK                   Vote
      PURCHASE PLAN
7     APPROVAL OF INDEPENDENT REGISTERED PUBLIC For       Did Not    Management
      ACCOUNTING FIRM                                     Vote


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

SCHNEIDER ELECTRIC SA (FORMERLY SCHNEIDER SA)

Ticker:                      Security ID:  FR0000121972
Meeting Date: MAY 12, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party  Transactions               Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.80 per Share                     Vote
5     Elect Serge Weinberg as Director          For       Did Not    Management
                                                          Vote
6     Acknowledge the Resignation of Caisse des For       Did Not    Management
      Depots et Consignations and Appoint                 Vote
      Jerome Gallot as Director
7     Reelect Henri Lachmann as Director        For       Did Not    Management
                                                          Vote
8     Reelect Rene Barbier de La Serre as       For       Did Not    Management
      Director                                            Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 800,000                     Vote
10    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
11    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 500 Million
12    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 300 Million
13    Authorize Capital Increase for Future     For       Did Not    Management
      Exchange Offers/Acquisitions                        Vote
14    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
15    Authorize Up to Three Percent of Issued   For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
16    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

SHARP CORP.

Ticker:       SHCAY          Security ID:  JP3359600008
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 10, Special JY 0
2     Amend Articles to Delete Obsolete         For       For        Management
      Language Relating to Conversion of
      Convertible Bonds
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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

SHINSEI BANK LTD.

Ticker:                      Security ID:  JP3729000004
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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       Against    Management
1.9   Elect Director                            For       Against    Management
1.10  Elect Director                            For       For        Management
1.11  Elect Director                            For       For        Management
1.12  Elect Director                            For       For        Management
1.13  Elect Director                            For       For        Management
1.14  Elect Director                            For       For        Management
1.15  Elect Director                            For       For        Management
1.16  Elect Director                            For       For        Management
1.17  Elect Director                            For       For        Management
2     Amend Articles to: Clarify Director       For       For        Management
      Authorities - Limit Directors' Legal
      Liability
3     Approve Executive Stock Option Plan       For       For        Management
4     Authorize Share Repurchase Program        For       For        Management


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

SLM CORP.

Ticker:       SLM            Security ID:  78442P106
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles L. Daley          For       For        Management
1.2   Elect  Director William M. Diefenderfer,  For       For        Management
      III
1.3   Elect  Director Thomas J. Fitzpatrick     For       For        Management
1.4   Elect  Director Diane Suitt Gilleland     For       For        Management
1.5   Elect  Director Earl A. Goode             For       For        Management
1.6   Elect  Director Ann Torre Grant           For       For        Management
1.7   Elect  Director Ronald F. Hunt            For       For        Management
1.8   Elect  Director Benjamin J. Lambert, III  For       For        Management
1.9   Elect  Director Albert L. Lord            For       For        Management
1.10  Elect  Director Barry A. Munitz           For       For        Management
1.11  Elect  Director A. Alexander Porter, Jr.  For       For        Management
1.12  Elect  Director Wolfgang Schoellkopf      For       For        Management
1.13  Elect  Director Steven L. Shapiro         For       For        Management
1.14  Elect  Director Barry L. Williams         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

SOCIETE GENERALE

Ticker:       SCGLY          Security ID:  FR0000130809
Meeting Date: MAY 9, 2005    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     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 3.3 per Share                      Vote
3     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Absence Related-Party                     Vote
      Transactions
5     Reelect Jean Azema as Director            For       Did Not    Management
                                                          Vote
6     Reelect Elisabeth Lulin as Director       For       Did Not    Management
                                                          Vote
7     Reelect Patrick Ricard as Director        For       Did Not    Management
                                                          Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
9     Reduce Range of Board Size from 15 to 13  For       Did Not    Management
      Board Members; Reduce Number of                     Vote
      Representatives of Employee Shareholders
      From 3 to 2, and Allow Use of Electronic
      Voting for Elections of Representatives
      of Employee Shareholders
10    Amend Articles to Increase Shareholding   For       Did Not    Management
      Disclosure Threshold from 0.5 Percent to            Vote
      1.5 Percent
11    Authorize Up to One Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
12    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent Of Issued Capital for Future                Vote
      Acquisitions
A     Shareholder Proposal: Amend Articles of   Against   Did Not    Shareholder
      Association to Remove Voting Right                  Vote
      Limitation of 15 Percent
13    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

STADA ARZNEIMITTEL AG

Ticker:                      Security ID:  DE0007251803
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  JUN 7, 2005

#     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 0.39 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify TREUROG GmbH as Auditors           For       For        Management
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Approve Creation of EUR 69.4 Million Pool For       Against    Management
      of Conditional Capital with a Partial
      Exclusion of Preemptive Rights
8     Amend Corporate Purpose                   For       For        Management


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

SUMITOMO CHEMICAL CO. LTD.

Ticker:                      Security ID:  JP3401400001
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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 2
2     Amend Articles to: Reduce Directors Term  For       For        Management
      in Office - Streamline Board Structure
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


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

SUMITOMO MITSUI FINANCIAL GROUP INC.

Ticker:                      Security ID:  JP3890350006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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 3000,
      Special JY 0
2     Authorize Repurchase of Preferred Shares  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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

SUMITOMO REALTY & DEVELOPMENT CO. LTD.

Ticker:                      Security ID:  JP3409000001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 9, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 780 Million Shares to 1.9
      Billion Shares - Set Maximum Board Size -
      Authorize Payment of Interim Dividends
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
4.3   Appoint Internal Statutory Auditor        For       For        Management


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

TESCO PLC

Ticker:                      Security ID:  GB0008847096
Meeting Date: JUN 24, 2005   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 5.27 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Rodney Chase as Director         For       For        Management
5     Re-elect Sir Terry Leahy as Director      For       For        Management
6     Re-elect Tim Mason as Director            For       For        Management
7     Re-elect David Potts as Director          For       For        Management
8     Elect Karen Cook as Director              For       For        Management
9     Elect Carolyn McCall as Director          For       For        Management
10    Reappoint PricewaterhouseCooopers LLP as  For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Capital    For       For        Management
      from GBP 530,000,000 to GBP 535,000,000
13    Approve Scrip Dividend Program            For       For        Management
14    Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 129,200,000
15    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 19,470,000
16    Authorise 778,700,000 Ordinary Shares for For       For        Management
      Market Purchase
17    Authorise the Company to Make EU          For       Against    Management
      Political Organisation Donations up to
      GBP 100,000 and to Incur EU Political
      Expenditure up to GBP 100,000
18    Authorise Tesco Stores Ltd. to Make EU    For       Against    Management
      Political Organisation Donations up to
      GBP 100,000 and Incur EU Political
      Expenditure up to GBP 100,000
19    Authorise Tesco Ireland Ltd. to Make EU   For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
20    Authorise Tesco Vin Plus S.A. to Make EU  For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
21    Authorise Tesco Stores CR a.s. to Make EU For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
22    Authorise Tesco Stores SR a.s. to Make EU For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
23    Authorise Tesco Global Rt to Make EU      For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
24    Authorise Tesco Polska Sp z.o.o. to Make  For       Against    Management
      EU Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000


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

TEXTRON INC.

Ticker:       TXT            Security ID:  883203101
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director H. Jesse Arnelle          For       For        Management
1.2   Elect  Director Paul E. Gagne             For       For        Management
1.3   Elect  Director Dain M. Hancock           For       For        Management
1.4   Elect  Director Thomas B. Wheeler         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Separate Chairman and CEO Positions       Against   Against    Shareholder
4     Performance- Based/Indexed Options        Against   For        Shareholder


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

TOTAL SA (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  FR0000120271
Meeting Date: MAY 17, 2005   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 5.40 per Share of which            Vote
      EUR 3.00 Remains to be Distributed
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Authorize Repurchase of Up to 24.4        For       Did Not    Management
      Million Shares                                      Vote
6     Reelect Paul Desmarais Jr as Director     For       Did Not    Management
                                                          Vote
7     Reelect Bertrand Jacquillat as Director   For       Did Not    Management
                                                          Vote
8     Reelect Maurice Lippens as Director       For       Did Not    Management
                                                          Vote
9     Elect Lord Levene of Portsoken KBE as     For       Did Not    Management
      Director                                            Vote
10    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
11    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1.8 Billion
12    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
13    Authorize Up to One Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
A     Shareholder Proposal: Authorize Up to One Against   Did Not    Shareholder
      Percent of Issued Capital for Use in                Vote
      Restricted Stock Plan


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

TYCO INTERNATIONAL LTD.

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

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


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

UBS AG

Ticker:                      Security ID:  CH0012032030
Meeting Date: APR 21, 2005   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 3.00 per Share                     Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4.1.1 Reelect Marcel Ospel as Director          For       Did Not    Management
                                                          Vote
4.1.2 Reelect Lawrence Weinbach as Director     For       Did Not    Management
                                                          Vote
4.2.1 Elect Marco Suter as Director             For       Did Not    Management
                                                          Vote
4.2.2 Elect Peter Voser as Director             For       Did Not    Management
                                                          Vote
4.3   Ratify Ernst & Young Ltd. as Auditors     For       Did Not    Management
                                                          Vote
5.1   Approve CHF 31.9 Million Reduction in     For       Did Not    Management
      Share Capital via Cancellation of                   Vote
      Repurchased Shares
5.2   Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital                                             Vote


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

UNITED PARCEL SERVICE, INC.

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

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


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

UNITEDHEALTH GROUP INCORPORATED

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

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


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

VERIZON COMMUNICATIONS

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

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


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

VINCI (FORMERLY SOCIETE GENERALE D'ENTREPRISES)

Ticker:                      Security ID:  FR0000125486
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
2     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors                                 Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.2 per Share                      Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Patrick Faure as Director         For       Did Not    Management
                                                          Vote
6     Reelect Bernard Huvelin as Director       For       Did Not    Management
                                                          Vote
7     Confirm Name Change of Auditor to         For       Did Not    Management
      Deloitte & Associes                                 Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
9     Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
10    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 400 Million
11    Authorize Issuance of Convertible Bonds   For       Did Not    Management
      with Preemptive Rights                              Vote
12    Authorize Issuance of Convertible Bonds   For       Did Not    Management
      without Preemptive Rights                           Vote
13    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authorities
14    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent for Future Acquisitions                     Vote
15    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
16    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
17    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees of Vinci International                    Vote
      Subsidiaries Participating in
      Savings-Related Share Purchase Plan
18    Authorize up to Ten Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
19    Approve 2-for-1 Stock Split and Reduce    For       Did Not    Management
      Par Value from EUR 10 to EUR 5; Amend               Vote
      Articles 6 and 11 Accordingly
20    Authorize Issuance of Securities          For       Did Not    Management
      Convertible into Debt                               Vote
21    Amend Article 11 to Reduce Board Term     For       Did Not    Management
      From Six to Four Years                              Vote
22    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

WACHOVIA CORP.

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

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


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

WACHOVIA CORP.

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

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


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

WILLIAM DEMANT HOLDINGS

Ticker:                      Security ID:  DK0010268440
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Discharge of Management and Board For       For        Management
4     Approve Allocation of Income and Omission For       For        Management
      of Dividends
5     Reelect Lars Johansen and Michael         For       For        Management
      Rasmussen as Directors
6     Ratify Deloitte and KPMG C. Jespersen as  For       For        Management
      Auditors
7.1   Approve Reduction in Share Capital via    For       For        Management
      Share Cancellation
7.2   Amend Articles Re: Remove Discharge of    For       Against    Management
      Directors as an Agenda Item at the AGM
7.3   Change Location of Registered Office from For       For        Management
      Municipality of Gentofte to Municipality
      of Ledoeje-Smoerum
7.4   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7.5   Authorize Chairman of Meeting to Make     For       For        Management
      Editorial Changes to Adopted Resolutions
      in Connection with Registration
8     Other Business (Non-Voting)               None      None       Management


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

XM SATELLITE RADIO HOLDINGS INC.

Ticker:       XMSR           Security ID:  983759101
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Gary M. Parsons           For       For        Management
1.2   Elect  Director Hugh Panero               For       For        Management
1.3   Elect  Director Nathaniel A. Davis        For       For        Management
1.4   Elect  Director Thomas J. Donohue         For       For        Management
1.5   Elect  Director Eddy W. Hartenstein       For       For        Management
1.6   Elect  Director George W. Haywood         For       For        Management
1.7   Elect  Director Chester A. Huber, Jr.     For       For        Management
1.8   Elect  Director John Mendel               For       For        Management
1.9   Elect  Director Jarl Mohn                 For       For        Management
1.10  Elect  Director Pierce J. Roberts, Jr.    For       For        Management
1.11  Elect  Director Jack Shaw                 For       For        Management
2     Ratify Auditors                           For       For        Management


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

XTO ENERGY INC

Ticker:       XTO            Security ID:  98385X106
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Herbert D. Simons          For       For        Management
1.2   Elect Director William A. Adams, III      For       For        Management
1.3   Elect Director Keith A. Hutton            For       For        Management
1.4   Elect Director Jack P. Randall            For       For        Management


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

XTO ENERGY INC

Ticker:       XTO            Security ID:  98385X106
Meeting Date: NOV 16, 2004   Meeting Type: Special
Record Date:  SEP 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Omnibus Stock Plan                For       For        Management


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

YAHOO!, INC.

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

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


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

ZIMMER HOLDINGS INC

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

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




=========================== INTERNATIONAL DISCOVERY ============================


ACTELION LTD.

Ticker:                      Security ID:  CH0010532478
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Receive Auditor's Report                  None      Did Not    Management
                                                          Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
5     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
6     Reelect Rob Cawthorn and Jean-Paul Clozel For       Did Not    Management
      as Directors; Elect Juhani Anttila as               Vote
      Director
7     Ratify PricewaterhouseCoopers AG as       For       Did Not    Management
      Auditors                                            Vote
8.1   Amend Incentive Stock Option Plan         For       Did Not    Management
                                                          Vote
8.2   Approve Creation of 17.5 Million Pool of  For       Did Not    Management
      Capital with Preemptive Rights                      Vote


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

AEON MALL CO. LTD.

Ticker:                      Security ID:  JP3131430005
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  FEB 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 30, 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
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
3.3   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Statutory  For       Against    Management
      Auditors


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

AKER KVAERNER OGEP ASA

Ticker:                      Security ID:  NO0010215684
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting and Designate Inspector or   For       For        Management
      Shareholder Representative(s) of Minutes
      of Meeting
2.1   Receive Information about Company         None      None       Management
      Business
2.2   Approve Financial Statements, Allocation  For       For        Management
      of Income, and Omission of Dividends
2.3   Approve Remuneration of Directors in the  For       For        Management
      Amount of NOK 400,000 For Chairman, NOK
      300,000 For Vice Chairman, and NOK
      250,000 For Other Board Members
2.4   Approve Remuneration of Members of        For       For        Management
      Nominating Committee in the Amount of NOK
      20,000 For Chairman and NOK 15,000 For
      Other Members
2.5   Approve Remuneration of Auditors          For       For        Management
2.6   Elect Martinus Brandal, Siri Fuerst, and  For       For        Management
      Vibeke Madsen as Directors; Appoint
      Bjoern Flatgaard (Current Member Not Up
      For Reelection) as Vice Chairman of Board
2.7   Elect Rune Bjerke as Member of Nominating For       For        Management
      Committee


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

ANGLO IRISH BANK CORPORATION PLC

Ticker:                      Security ID:  IE0001987894
Meeting Date: JAN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3a    Reelect Michael Jacob as Director         For       For        Management
3b    Reelect William McAteer as Director       For       For        Management
3c    Reelect Ned Sullivan as Director          For       For        Management
3d    Reelect Lar Bradshaw as Director          For       For        Management
3e    Reelect Thomas Browne as Director         For       For        Management
3f    Reelect David Drumm as Director           For       For        Management
3g    Reelect Gary McGann as Director           For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors


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

ANGLO IRISH BANK CORPORATION PLC

Ticker:                      Security ID:  IE0001987894
Meeting Date: JAN 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Split                       For       For        Management
2     Approve Increase in Authorized Capital to For       For        Management
      Faciliate Creation of Non-Cumulative
      Preference Shares
3     Authorize Share Repurchase Program        For       For        Management
4     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights
5     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
6     Amend Articles Re: Electronic             For       For        Management
      Communications; Director/Officer
      Liability Insurance


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

ANSELL LTD

Ticker:                      Security ID:  AU000000ANN9
Meeting Date: OCT 14, 2004   Meeting Type: Annual
Record Date:  OCT 12, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect Michael J McConell as Director      For       For        Management
2b    Elect Peter L Barnes as Director          For       For        Management
3     Renew Partial Takeover Provision          For       For        Management
4     Authorize Off-Market Share Repurchase     For       For        Management
      Program
5     Authorize On-Market Share Repurchase      For       For        Management
      Program


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

ASM BRESCIA SPA

Ticker:                      Security ID:  IT0003275200
Meeting Date: MAR 7, 2005    Meeting Type: Special
Record Date:  MAR 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Bergamo Ambiente e For       Did Not    Management
      Servizi Spa; Approve Capital Increase in            Vote
      the Aggregate Nominal Amount of EUR 38.7
      Million In Connection To the Acquisition
2     Amend Articles of Association             For       Did Not    Management
                                                          Vote


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

ASM BRESCIA SPA

Ticker:                      Security ID:  IT0003275200
Meeting Date: SEP 27, 2004   Meeting Type: Special
Record Date:  SEP 22, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles To Reflect New Italian     For       Did Not    Management
      Company Law Regulations                             Vote
1     Elect External Auditors                   For       Did Not    Management
                                                          Vote


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

AUTOSTRADA TORINO MILANO

Ticker:                      Security ID:  IT0000084027
Meeting Date: APR 29, 2005   Meeting Type: Annual/Special
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       Did Not    Management
                                                          Vote
1     Accept Financial Statements, Consolidated For       Did Not    Management
      Accounts, and Statutory Reports                     Vote
2     Appoint Internal Statutory Auditors;      For       Did Not    Management
      Approve Remuneration of Auditors                    Vote
3     Acknowledge Board Report Re: Corporate    For       Did Not    Management
      Governance Practices                                Vote


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

AWG PLC ( FORMERLY ANGLIAN WATER PLC)

Ticker:                      Security ID:  GB0033126615
Meeting Date: JUL 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     Re-elect Peter Hickson as Director        For       For        Management
4     Re-elect Frances Heaton as Director       For       For        Management
5     Elect Jonson Cox as Director              For       For        Management
6     Elect Andrew Carr-Locke as Director       For       For        Management
7     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
8     Approve the AWG Plc Long-Term Incentive   For       For        Management
      Plan 2004
9     Authorise EU Political Donations and      For       Against    Management
      Incur EU Political Expenditure up to
      Aggregate Nominal Amount of GBP 150,000
10    Approve Capitalisation up to GBP          For       For        Management
      510,121,459, the Amount Standing in the
      Merger Reserve; Allot Ordinary Shares
      Credited as Fully Paid up to the Holders
      of Ordinary Shares of 19 and 181/201
      Pence Each and Approve Reduction in Share
      Capital
11    Authorise 14,327,896 Ordinary Shares for  For       For        Management
      Market Purchase
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,425,661
13    Amend Articles of Association Re:         For       For        Management
      Treasury Shares
14    Amend Articles of Association Re:         For       For        Management
      Non-Executives' Fees
15    Amend Articles of Association Re:         For       For        Management
      Directors' Retirement
16    Amend Articles of Association Re:         For       For        Management
      Electronic Communication
17    Amend Articles of Association Re:         For       For        Management
      Electronic Communication
18    Amend Articles of Association Re: CREST   For       For        Management
      Proxy Voting Services


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

AXIS CAPITAL HOLDINGS LTD

Ticker:       AXS            Security ID:  G0692U109
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert L. Friedman        For       For        Management
1.2   Elect  Director Donald J. Greene          For       For        Management
1.3   Elect  Director Juergen Grupe             For       For        Management
1.4   Elect  Director Frank J. Tasco            For       For        Management
2     Ratify Auditors                           For       For        Management
3     TO AUTHORIZE THE ELECTION OF THREE        For       For        Management
      NOMINEES AS DIRECTORS OF AXIS SPECIALTY
      LIMITED.
4     TO AUTHORIZE THE LIQUIDATION OF AXIS      For       For        Management
      SPECIALTY UK LIMITED.


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

BALFOUR BEATTY PLC (FORMERLY BICC PLC)

Ticker:                      Security ID:  GB0000961622
Meeting Date: MAY 12, 2005   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 3.75 Pence Per  For       For        Management
      Share
4     Re-elect Jim Cohen as Director            For       For        Management
5     Re-elect Richard Delbridge as Director    For       For        Management
6     Re-elect Anthony Rabin as Director        For       For        Management
7     Re-elect Alistair Wivell as Director      For       For        Management
8     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 70,662,113
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 10,599,316
11    Authorise 42,397,267 Ordinary Shares and  For       For        Management
      20,204,566 Convertible Preference Shares
      for Market Purchase
12    Approve EU Political Donations and        For       Against    Management
      Expenditure up to GBP 25,000 Per Annum
13    Amend Articles of Association Re:         For       For        Management
      Treasury Shares and Borrowing Powers
14    Amend Memorandum and Articles of          For       For        Management
      Association Re: Indemnification of
      Directors and Re-election of Directors


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

BANK LEUMI LE-ISRAEL

Ticker:                      Security ID:  IL0006046119
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  JUN 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports (Voting)
2     Reelect I. Hoffi as External Director     For       For        Management
3a    Elect R. Guzman as Director               For       For        Management
3b    Elect Y. Mashal as Director               For       For        Management
3c    Elect Z. Koren as Director                For       For        Management
4     Approve Compensation of Directors         For       For        Management
5     Approve Kost Forer Gabbay & Kasierer and  For       For        Management
      Somekh Chaikin as Joint Auditors and
      Authorize Board to Fix Their Remuneration
6a    Amend Articles of Association             For       For        Management
6b    Amend Articles of Association             For       For        Management
6c    Amend Articles of Association             For       For        Management
6d    Amend Articles of Association             For       For        Management
6e    Amend Articles of Association             For       For        Management
6f    Amend Articles of Association             For       Against    Management
6g    Amend Articles of Association             For       For        Management
7     Approve Resolutions Concerning Approval   For       For        Management
      of Holding of Positions and Disclosure by
      Officers
8     Approve Bonus for Board Chairman Eitan    For       Against    Management
      Raff
9     Renew Director/Officer Liability and      For       Against    Management
      Indemnification Insurance


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

BANK OF KYOTO LTD.

Ticker:                      Security ID:  JP3251200006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 3.50, 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
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  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


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

BANK OF PIRAEUS S.A.

Ticker:                      Security ID:  GRS014013007
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports for Fiscal Year Ended Dec. 31,              Vote
      2004
2     Approve Discharge of Board and Auditors   For       Did Not    Management
      for Fiscal Year Ended Dec. 31, 2004                 Vote
3     Approve Remuneration of Directors and     For       Did Not    Management
      Executive Bank Officers                             Vote
4     Preapprove Remuneration of Directors for  For       Did Not    Management
      2005                                                Vote
5     Approve Principal and Substitute Auditors For       Did Not    Management
      for Fiscal Year Ending Dec. 31, 2005                Vote
6     Ratify Election of Members of the Board   For       Did Not    Management
      in Replacement of Resinged Directors                Vote
7     Elect Directors; Designate Independent    For       Did Not    Management
      Board Members                                       Vote
8     Codification of Company's Articles of     For       Did Not    Management
      Association                                         Vote
9     Approve Stock Option Plan At Exercise     For       Did Not    Management
      Price of EUR 15.44 Per Share                        Vote
10    Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
11    Authorize Board and Managers of the       For       Did Not    Management
      Company to Participate in Boards and                Vote
      Management of Similar Companies
12    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

BANK OF PIRAEUS S.A.

Ticker:                      Security ID:  GRS014013007
Meeting Date: MAY 16, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan at Exercise     For       Did Not    Management
      Price of EUR 15.44 per Share                        Vote


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

BANPU PUBLIC COMPANY LTD.

Ticker:                      Security ID:  TH0148010018
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 7, 2005

#     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 Allocation of Income and Final    For       For        Management
      Dividend of Baht 3.25 per Share
5.1   Elect Directors                           For       For        Management
5.2   Approve Remuneration of Directors         For       For        Management
6     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Other Business                            For       Against    Management


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

BAYCORP ADVANTAGE LTD (FORMERLY DATA ADVANTAGE LIMITED)

Ticker:                      Security ID:  AU000000BCA7
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Ralph Peter Sorice as Director      For       For        Management
2     Elect Gavin Ronald Walker as Director     For       For        Management
3     Elect Bruce Gerard Beeren as Director     For       For        Management
4     Approve the Participation of Andrew Want, For       For        Management
      Managing Director in the Company's
      Executive Performance Share Plan
5     Approve Reduction in Share Capital to AUD For       For        Management
      378 Million


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

BEKAERT S.A.

Ticker:                      Security ID:  BE0003780948
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors'Report                  None      Did Not    Management
                                                          Vote
2     Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
3     Approve Financial Statements, Allocation  For       Did Not    Management
      of Income and Dividends of EUR 1.50 per             Vote
      Share
4a    Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
4b    Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
5     Reappoint Gary Allen and Baron Georges    For       Did Not    Management
      Jacobs as Directors                                 Vote
6     Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
7     Receive Consolidated Financial Statements None      Did Not    Management
      and Statutory Reports (Non-Voting)                  Vote
8     Receive Information on Corporate          None      Did Not    Management
      Governance                                          Vote
9     Transact Other Business                   None      Did Not    Management
                                                          Vote


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

BEKAERT S.A.

Ticker:                      Security ID:  BE0003780948
Meeting Date: MAY 11, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Amend Article           Vote
      12 Accordingly
2     Amend Articles Re: Editorial Changes      For       Did Not    Management
                                                          Vote
3     Authorize Merger by Absorption Immobilien For       Did Not    Management
      Munkendoorn and Imaware; Authorize Board            Vote
      to Fulfill Publication Formalities
      Relating to Merger
4     Amend Articles to Allow the Board to      For       Did Not    Management
      Replace Interim Provisions Regarding                Vote
      Share Repurchases


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

BIOCON LTD

Ticker:                      Security ID:  INE376G01013
Meeting Date: JUL 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 Dividends of INR 1 Per Share      For       For        Management
3     Reappoint C. Cooney as Director           For       For        Management
4     Reappoint K.M. Shaw as Director           For       For        Management
5     Approve KPMG LLP as Auditors and          For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Appointment and Remuneration of   For       For        Management
      J. Shaw, Executive Director
7     Approve Revision in Remuneration of K.M.  For       For        Management
      Shaw, Managing Director


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

BURREN ENERGY PLC

Ticker:                      Security ID:  GB0033942946
Meeting Date: MAY 25, 2005   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 Remuneration Report               For       Did Not    Management
                                                          Vote
3     Approve Final Dividend of 3 Pence Per     For       Did Not    Management
      Share                                               Vote
4     Re-elect Atul Gupta as Director           For       Did Not    Management
                                                          Vote
5     Re-elect Alan Cole as Director            For       Did Not    Management
                                                          Vote
6     Re-elect Andrei Pannikov as Director      For       Did Not    Management
                                                          Vote
7     Elect Keith Henry as Director             For       Did Not    Management
                                                          Vote
8     Reappoint Deloitte & Touche LLP as        For       Did Not    Management
      Auditors of the Company                             Vote
9     Authorise Board to Fix Remuneration of    For       Did Not    Management
      the Auditors                                        Vote
10    Authorise Issue of Equity or              For       Did Not    Management
      Equity-Linked Securities with Pre-emptive           Vote
      Rights up to Aggregate Nominal Amount of
      GBP 10,200,000
11    Authorise Issue of Equity or              For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,389,000
12    Authorise 13,896,000 Ordinary Shares for  For       Did Not    Management
      Market Purchase                                     Vote
13    Authorise the Company to Transfer or Sell For       Did Not    Management
      Shares Held in Treasury for Cash for the            Vote
      Purposes of Employee Share Schemes
14    Amend Articles of Association Re:         For       Did Not    Management
      Indemnification of Directors                        Vote


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

CHRISTIAN HANSEN HOLDING A/S

Ticker:                      Security ID:  DK0010264290
Meeting Date: MAY 31, 2005   Meeting Type: Special
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Company's Food            For       Did Not    Management
      Ingredients Activities to PAI Partners              Vote
2     Authorize Board to Distribute Special     For       Did Not    Management
      Dividends Until Next AGM                            Vote
3     Authorize Chairman of Meeting to Make     For       Did Not    Management
      Editorial Changes to Adopted Resolutions            Vote
      in Connection with Registration


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

COLRUYT SA

Ticker:                      Security ID:  BE0003775898
Meeting Date: OCT 15, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Approve Report of Board of Directors on   For       Did Not    Management
      Issuance of Shares Pursuant to Employee             Vote
      Stock Purchase Plan
1.2   Approve Report of Auditor on Issuance of  For       Did Not    Management
      Shares Pursuant to Employee Stock                   Vote
      Purchase Plan in Accordance with Article
      596 of the Companies Act
1.3   Approve Issuance of 200,000 New Shares    For       Did Not    Management
      (See Agenda Item 1.1)                               Vote
1.4   Approve Issue Price                       For       Did Not    Management
                                                          Vote
1.5   Approve Proposal to Waive Preemptive      For       Did Not    Management
      Subscription Rights in Accordance with              Vote
      Article 595 and Onwards of the Companies
      Code, in Favor of Employees (See Agenda
      Item 1.1)
1.6   Approve Issuance of Shares Pursuant to    For       Did Not    Management
      Employee Stock Purchase Plan (See                   Vote
      Previous Items)
1.7   Approve Subscription Period               For       Did Not    Management
                                                          Vote
1.8   Authorize Board of Directors to Ratify    For       Did Not    Management
      and Execute Approved Resolutions                    Vote
2.1   Approve Report of Board of Directors on   For       Did Not    Management
      Repurchase of Own Shares by the Company             Vote
      and Subsidiaries
2.2   Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
3.1   Authorize Board to Issue Shares in the    For       Did Not    Management
      Event of a Public Tender Offer or Share             Vote
      Exchange Offer
3.2   Authorize Board to Repurchase Shares in   For       Did Not    Management
      the Event of a Public Tender Offer or               Vote
      Share Exchange Offer
3.3.1 Authorize Board of Directors to Extend    For       Did Not    Management
      the Ability to Dispose of Acquired                  Vote
      Company Shares (See Item 3.2) With Three
      More Years Without Prior Approval of
      General Meeting
3.3.2 Authorize Board of Directors to Extend    For       Did Not    Management
      the Ability to Dispose of Acquired                  Vote
      Company Shares (See Item 3.2) With Three
      More Years in Order to Prevent the
      Company from Suffering Imminent and
      Serious Prejudice


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

COLRUYT SA

Ticker:                      Security ID:  BE0003775898
Meeting Date: SEP 15, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' and Auditors' Reports;  For       Did Not    Management
      Approve Report of Business Council                  Vote
2.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2.2   Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3.1.A Approve June 28, 2004, Directors' Report  For       Did Not    Management
      on Allocation of Dividends in the Form of           Vote
      S.A. Dolmen Computer Applications Stock
3.1.B Approve Allocation of One Share of S.A.   For       Did Not    Management
      Dolmen Computer Applications Against Nine           Vote
      Coupons Held
3.2   Approve Dividends in the Amount of EUR 2  For       Did Not    Management
      per Ordinary Share                                  Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5     Approve Profit Participation of Employees For       Did Not    Management
      Through Allotment of Repurchased Shares             Vote
      of S.A. Ets Fr. Colruyt
6     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
7     Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
8     Ratify Auditors                           For       Did Not    Management
                                                          Vote
9     Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
10    Reelect Jef Colruyt as Director           For       Did Not    Management
                                                          Vote
11    Allow Questions                           None      Did Not    Management
                                                          Vote


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

CONTINENTAL  AG

Ticker:       CTTAY          Security ID:  DE0005439004
Meeting Date: MAY 12, 2005   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 0.80 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors for            Vote
      Fiscal 2005
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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

DENIZBANK A.S.

Ticker:                      Security ID:  TREDZBK00015
Meeting Date: MAR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
5     Elect Internal Auditors and Determine     For       Did Not    Management
      Their Terms of Office                               Vote
6     Approve Remuneration of Internal Auditors For       Did Not    Management
                                                          Vote
7     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8     Ratify KPMG - Akis Serbest Muhasebeci     For       Did Not    Management
      Mali Musavirlik A.S. as Independent                 Vote
      External Auditors
9     Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
10    Authorize Issuance of Bonds and/or        For       Did Not    Management
      Commercial Papers                                   Vote
11    Wishes                                    None      Did Not    Management
                                                          Vote


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

DONGKUK STEEL MILL CO. LTD.

Ticker:                      Security ID:  KR7001230002
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     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 to Expand For       Against    Management
      Permitted Lines of Business
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


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

EIFFAGE

Ticker:                      Security ID:  FR0000130452
Meeting Date: APR 20, 2005   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     Approve Consolidated Financial Statements For       Did Not    Management
      and Discharge Directors                             Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.50 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Ratify Bernard Paulet as Auditor          For       Did Not    Management
                                                          Vote
6     Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 120 Million for 1-for-2 Bonus             Vote
      Issue
7     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
8     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
9     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 200 Million
10    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authority Above
11    Set Global Limit for Capital Increases at For       Did Not    Management
      EUR 200 Million, or EUR 300 Million                 Vote
      Subject to Approval of Item 6
12    Authorize Use of Up to 250,000 Shares,    For       Did Not    Management
      375,000 Shares Subject to Approval of               Vote
      Item 6, for Use in Restricted Stock Plan
13    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
14    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
15    Grant Board of Directors Authority to     For       Did Not    Management
      Issue Debt Instruments; Cancel Article 16           Vote
16    Reelect Amaury-Daniel de Seze as Director For       Did Not    Management
                                                          Vote
17    Reelect Bruno Flichy as Director          For       Did Not    Management
                                                          Vote
18    Reelect Bernard Vadon as Director         For       Did Not    Management
                                                          Vote
19    Reelect Veronique Morali as Director      For       Did Not    Management
                                                          Vote
20    Reelect Jean-Paul Vettier as Director     For       Did Not    Management
                                                          Vote
21    Reelect Jean-Francois Roverato as         For       Did Not    Management
      Director                                            Vote
22    Reelect Jean-Jacques Lefebvre as Director For       Did Not    Management
                                                          Vote
23    Reelect Jean-Marie Fabre as Director      For       Did Not    Management
                                                          Vote
24    Reelect Serge Michel as Director          For       Did Not    Management
                                                          Vote
25    Reelect Aimery Langlois-Meurinne as       For       Did Not    Management
      Director                                            Vote
26    Reelect Dominique Megret as Director      For       Did Not    Management
                                                          Vote
27    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 350,000                     Vote
28    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

EIRCOM GROUP PLC

Ticker:                      Security ID:  GB0034341890
Meeting Date: OCT 13, 2004   Meeting Type: Annual
Record Date:  OCT 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive and Adopt Directors' Report,      For       For        Management
      Financial Statements, and Independent
      Auditors' Report
2     Approve Director Remuneration Report      For       For        Management
3     Reelect A.J.F O'Reilly as Director        For       For        Management
4     Reelect C. Scanlon as Director            For       For        Management
5     Reelect P. Nolan as Director              For       For        Management
6     Reelect J. Conroy as Director             For       For        Management
7     Reelect P.E. Lynch as Director            For       For        Management
8     Reelect D.A. Roche as Director            For       For        Management
9     Reelect D.J.C Delephine as Director       For       For        Management
10    Reelect K.C. Melia as Director            For       For        Management
11    Reelect M.A. Pratt as Director            For       For        Management
12    Reelect P.J. O'Connor as Director         For       For        Management
13    Reelect D.F. McRedmond as Director        For       For        Management
14    Reelect C.G. Magee as Director            For       For        Management
15    Reelect I. Finan as Director              For       For        Management
16    Ratify PricewaterhouseCoopers as Auditors For       For        Management
17    Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
18    Authorize Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Preemptive
      Rights up to the Aggregate Nominal Amount
      of EUR 24,763,388
19    Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities for Cash without
      Preemptive Rights up to Five Percent of
      the Issued Share Capital
20    Authorize Share Repurchase Program        For       For        Management


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

EMI GROUP PLC (FORMERLY THORN EMI)

Ticker:                      Security ID:  GB0000444736
Meeting Date: JUL 13, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6 Pence Per     For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Martin Bandier as Director       For       For        Management
5     Re-elect Kathleen O'Donovan as Director   For       For        Management
6     Elect John Gildersleeve as Director       For       For        Management
7     Elect Sly Bailey as Director              For       For        Management
8     Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors of the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 42,090,018
11    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,520,198
12    Authorise 78,859,975 Ordinary Shares for  For       For        Management
      Market Purchase
13    Amend the EMI Group Savings-Related Share For       For        Management
      Option Scheme
14    Approve the EMI Group Share Incentive     For       For        Management
      Plan
15    Authorise EMI Group plc to Make EU        For       Against    Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur EU
      Political Expenditure up to GBP 50,000
16    Authorise EMI Music Ltd. to Make EU       For       Against    Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000
17    Authorise EMI Records Ltd. to Make EU     For       Against    Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000
18    Authorise EMI Music Publishing Ltd. to    For       Against    Management
      Make EU Political Donations up to
      Aggregate Nominal Amount of GBP 50,000
      and Incur Political Expenditure up to GBP
      50,000
19    Authorise Virgin Records Ltd. to Make EU  For       Against    Management
      Political Donations up to Aggregate
      Nominal Amount of GBP 50,000 and Incur
      Political Expenditure up to GBP 50,000


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

ENAGAS SA

Ticker:                      Security ID:  ES0130960018
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual and Consolidated        For       For        Management
      Financial Statements and Statutory
      Reports for Fiscal Year 2004
2     Approve Allocation of Income for Fiscal   For       For        Management
      Year 2004
3     Approve Discharge of Management Board     For       For        Management
      Corresponding to Fiscal Year 2004'
4     Elect Directors to the Board              For       For        Management
5     Amend Company's Bylaws                    For       For        Management
6     Approve Remuneration of Directors for     For       For        Management
      Fiscal Year 2005
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

ENIRO AB

Ticker:                      Security ID:  SE0000718017
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 24, 2005

#     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; Receive Board Report             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 2.20 Per Share                     Vote
9.3   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
10    Determine Number of Members and Deputy    For       Did Not    Management
      Members of Board                                    Vote
11    Elect Lars Berg (Chairman), Per Bystedt,  For       Did Not    Management
      Barbara Donoghue, Erik Engstrom, Urban              Vote
      Jansson, Birgitta Klasen, and Tomas
      Franzen as Directors
12    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 750,000 for Chairman and              Vote
      SEK 300,000 for Other Directors; Approve
      Remuneration for Committee Work
13    Approve Use of SEK 830.2 Million of       For       Did Not    Management
      Unrestricted Shareholders' Equity Reserve           Vote
      for Repurchase of Share Capital (Item 14)
14    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15    Approve Employee Stock Purchase Plan      For       Did Not    Management
                                                          Vote
16    Authorize Chairman of Board to Appoint    For       Did Not    Management
      Four Representatives of Company's Largest           Vote
      Shareholders to Serve on Nominating
      Committee
17    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
18    Close Meeting                             None      Did Not    Management
                                                          Vote


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

ENTERPRISE INNS PLC

Ticker:                      Security ID:  GB0033872275
Meeting Date: JAN 20, 2005   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 8.4 Pence Per   For       For        Management
      Share
3     Re-elect Ted Tuppen as Director           For       For        Management
4     Re-elect David George as Director         For       For        Management
5     Re-elect Jo Stewart as Director           For       For        Management
6     Elect Susan Murray as Director            For       For        Management
7     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise Board to Fix Remuneration
      of Auditors
8     Approve Remuneration Report               For       For        Management
9     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 200,000
      to GBP 500,000 Per Annum
10    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,825,084
11    Approve Enterprise Inns 2005 Annual Bonus For       For        Management
      Plan
12    Approve Enterprise Inns 2005 Long-Term    For       For        Management
      Incentive Plan
13    Approve Enterprise Inns 2005 Employee     For       For        Management
      Share Option Scheme
14    Approve Enterprise Inns 2005 Save as You  For       For        Management
      Earn Scheme
15    Approve Enterprise Inns 2005 Share        For       For        Management
      Incentive Plan
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 873,763
17    Authorise 52,390,857 Shares for Market    For       For        Management
      Purchase


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

EREGLI DEMIR VE CELIK FABRIKALARI

Ticker:                      Security ID:  TRAEREGL91G3
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
5     Ratify Directors Appointed During the     For       Did Not    Management
      Year                                                Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
8     Elect Directors                           For       Did Not    Management
                                                          Vote
9     Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
10    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
11    Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
12    Amend Articles Re: Company Name and       For       Did Not    Management
      General Meeting Announcement and Voting             Vote
      Producedures
13    Wishes                                    None      Did Not    Management
                                                          Vote


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

ESPRIT HOLDINGS

Ticker:                      Security ID:  BMG3122U1291
Meeting Date: DEC 3, 2004    Meeting Type: Annual
Record Date:  NOV 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend of HK$0.48 Per     For       For        Management
      Share for the Year Ended June 30, 2004
3     Approve Special Dividend of HK$0.50 Per   For       For        Management
      Share for the Year Ended June 30, 2004
4a    Reelect John Poon Cho Ming as Director    For       For        Management
4b    Reelect Alexander Reid Hamilton as        For       For        Management
      Director
4c    Reelect Simon Lai Sau Cheong as Director  For       For        Management
4d    Reelect Jerome Squire Griffith as         For       For        Management
      Director
5     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to 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
9     Amend Bylaws of the Company               For       For        Management


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

FALCK A/S

Ticker:                      Security ID:  DK0010305317
Meeting Date: OCT 11, 2004   Meeting Type: Special
Record Date:  SEP 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve DKK 35.5 Million Reduction in     For       Did Not    Management
      Share Capital via Lowering of Par Value             Vote
      to DKK 0.60 Each
2     Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

FINNING INTERNATIONAL INC.(FORMERLYFINNING LTD. )

Ticker:       FTT            Security ID:  CA3180714048
Meeting Date: MAY 11, 2005   Meeting Type: Annual/Special
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Ricardo Bacarreza as Director       For       For        Management
1.2   Elect James F. Dinning as Director        For       For        Management
1.3   Elect Timothy S. Howden Marlow as         For       For        Management
      Director
1.4   Elect Jefferson J. Mooney as Director     For       For        Management
1.5   Elect Donald S. O'Sullivan as Director    For       For        Management
1.6   Elect Conrad A. Pinette as Director       For       For        Management
1.7   Elect Andrew H. Simon as Director         For       For        Management
1.8   Elect Michael T. Waites as Director       For       For        Management
1.9   Elect Douglas W.G. Whitehead as Director  For       For        Management
1.10  Elect John M. Willson as Director         For       For        Management
2     Appoint Deloitte & Touche LLP as Auditors For       For        Management
      and Authorize Board to Fix Their
      Remuneration
3     Amend and Extend Shareholder Rights Plan  For       For        Management
      (Poison Pill)
4     Approve Stock Option Plan                 For       For        Management


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

FORDING CANADIAN COAL TRUST (FORMERLY FORDING INC)

Ticker:       FDG.U          Security ID:  CA3454251024
Meeting Date: MAY 4, 2005    Meeting Type: Annual/Special
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Lloyd I. Barber as Trustee          For       For        Management
2     Elect Michael A. Grandin as Trustee       For       For        Management
3     Elect Michael S. Parrett as Trustee       For       For        Management
4     Elect Harry G. Schaefer as Trustee        For       For        Management
5     Elect Peter Valentine as Trustee          For       For        Management
6     Elect Robert J. Wright as Trustee         For       For        Management
7     Elect John B. Zaozirny as Trustee         For       For        Management
8.1   Elect as Director of Fording Inc, Dawn L. For       For        Management
      Farrell
8.2   Elect as Director of Fording Inc,         For       For        Management
      Director Michael A. Grandin
8.3   Elect as Director of Fording Inc,         For       For        Management
      Director Donald R. Lindsay
8.4   Elect as Director of Fording Inc,         For       For        Management
      Director Richard T. Mahler
8.5   Elect as Director of Fording Inc,         For       For        Management
      Director Thomas J. O'Neil
8.6   Elect as Director of Fording Inc,         For       For        Management
      Director Michael S. Parrett
8.7   Elect as Director of Fording Inc,         For       For        Management
      Director Harry G. Schaefer
8.8   Elect as Director of Fording Inc,         For       For        Management
      Director William W. Stinson
8.9   Elect as Director of Fording Inc,         For       For        Management
      Director David A. Thompson
9     Approve PricewaterhouseCoopers as         For       For        Management
      Auditors and Authorize Board to Fix
      Remuneration of Auditors
10    Approve Arrangement resolution            For       For        Management
11    Approve Subdivision resolution            For       For        Management
12    Approve Proposed Amendment to Articles    For       For        Management


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

FOXCONN INTERNATIONAL HOLDINGS LTD

Ticker:                      Security ID:  KYG365501041
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:  JUN 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Reelect Dai Feng Shuh as Director and     For       For        Management
      Authorize Board to Fix His Remuneration
2b    Reelect Chang Ban Ja, Jimmy as Director   For       For        Management
      and Authorize Board to Fix His
      Remuneration
2c    Reelect Gou Hsiao Ling as Director and    For       For        Management
      Authorize Board to Fix Her Remuneration
2d    Reelect Lee Jin Ming as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
2e    Reelect Lu Fang Ming as Director and      For       For        Management
      Authorize Board to Fix His Remuneration
2f    Reelect Lau Siu Ki as Director and        For       For        Management
      Authorize Board to Fix His Remuneration
2g    Reelect Edward Fredrick Pensel as         For       For        Management
      Director and Authorize Board to Fix His
      Remuneration
2h    Reelect Mao Yu Lang as Director and       For       For        Management
      Authorize Board to Fix His Remuneration
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       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Reissuance of Repurchased       For       For        Management
      Shares
7     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Share Scheme
8     Amend Articles Re: Reelection of          For       For        Management
      Directors


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

FRED OLSEN ENERGY ASA

Ticker:                      Security ID:  NO0003089005
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting; Designate      For       Did Not    Management
      Inspector or Shareholder                            Vote
      Representative(s) of Minutes of Meeting;
      Approve Notice of Meeting and Agenda
2     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
5     Approve Creation of Pool of Conditional   For       Did Not    Management
      Capital for Issuance of 30 Million Shares           Vote
      without Preemptive Rights
6     Reelect Anette Olsen, John Wallace, and   For       Did Not    Management
      Ivar Saunes as Directors                            Vote


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

FUGRO NV

Ticker:                      Security ID:  NL0000352532
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Reports of Management Board and   None      Did Not    Management
      Supervisory Board                                   Vote
3     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
4     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
5     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
6     Approve Dividend of EUR 1.90 Per Share    For       Did Not    Management
                                                          Vote
7     Reelect P.J. Crawford to Supervisory      For       Did Not    Management
      Board; Elect F.J.G.M. Cremers to                    Vote
      Supervisory Board
8     Approve Proposal to Combine Remuneration  For       Did Not    Management
      and Nomination Committees; Elect Mr.                Vote
      Schreve as Chairman of Committee
9     Amend Articles Re: Indemnification of     For       Did Not    Management
      Managing and Supervisory Directors;                 Vote
      Submission of Shareholder Proposals
10    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
12    Close Meeting                             None      Did Not    Management
                                                          Vote


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

FUJI HEAVY INDUSTRIES LTD.

Ticker:       FUJHY          Security ID:  JP3814800003
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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
2.1   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
3     Approve Retirement Bonuses for Directors  For       For        Management


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

GAMBRO AB

Ticker:                      Security ID:  SE0000164477
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Claes Dahlbaeck as Chairman of      For       Did Not    Management
      Meeting                                             Vote
3     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
4     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
7     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive President's,             Vote
      Board, and Committee Reports
8     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
9     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 1.30 Per Share                     Vote
10    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
11    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
12    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 3.6 Million                 Vote
13    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
14    Receive Information about Director        For       Did Not    Management
      Nominees Other Board Memberships; Reelect           Vote
      Claes Dahlbaeck, Sandra Austin Crayton,
      Wilbur Gantz, Peter Grassman, Adine Grate
      Axen, Soeren Mellstig, Haakan Mogren, and
      Lena Torell as Directors
15    Ratify Haakan Malmstroem as Auditor and   For       Did Not    Management
      Johan Engstam as Deputy Auditor                     Vote
16    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
17    Approve Distribution of SEK 10 Billion to For       Did Not    Management
      Shareholders through Mandatory Redemption           Vote
      of Shares
18.1  Approve Remuneration Policy And Other     For       Did Not    Management
      Terms of Employment For Executive                   Vote
      Management
18.2  Approve Long-Term Incentive Plans         For       Did Not    Management
                                                          Vote
19    Close Meeting                             None      Did Not    Management
                                                          Vote


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

GEOX SPA

Ticker:                      Security ID:  IT0003697080
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Rules Governing General Meetings    For       Did Not    Management
                                                          Vote
2     Accept Financial Statements, Consolidated For       Did Not    Management
      Accounts, and Statutory Reports                     Vote
3     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote


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

GN STORE NORD

Ticker:                      Security ID:  DK0010272632
Meeting Date: MAR 14, 2005   Meeting Type: Annual
Record Date:  FEB 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Approve Financial Statements and          For       For        Management
      Discharge Directors
3     Approve Allocation of Income and          For       For        Management
      Dividends of DKK 0.60 Per Share
4     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
5     Extend Authorization to Create DKK 205    For       Against    Management
      Million Pool of Conditional Capital
      without Preemptive Rights; Approve
      Creation of DKK 8 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights for Stock Option
      Program; Approve Special Dividends
6     Elect Directors                           For       Against    Management
7     Ratify Auditors                           For       For        Management
8     Other Business (Non-Voting)               None      None       Management


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

HANKOOK TIRE CO.

Ticker:                      Security ID:  KR7000240002
Meeting Date: MAR 11, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 250 Per Share
2     Elect Director                            For       For        Management
3     Elect Outside Director as Member of Audit For       For        Management
      Committee
4     Elect Insider as Member of Audit          For       Against    Management
      Committee
5     Approve Limit on Remuneration of          For       For        Management
      Directors


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

HANWHA CHEMICAL

Ticker:                      Security ID:  KR7009830001
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 300 Per Common Share
2     Amend Articles of Incorporation Re:       For       For        Management
      Business Objectives, Stock Options
3     Elect Directors                           For       For        Management
4     Elect Member of Audit Committee           For       Against    Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors


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

HARDMAN RESOURCES LTD.

Ticker:                      Security ID:  AU000000HDR6
Meeting Date: NOV 25, 2004   Meeting Type: Annual
Record Date:  NOV 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Scott Spencer as Director           For       For        Management
2     Elect Robert Carroll as Director          For       For        Management
3     Approve Remuneration of Directors in the  For       For        Management
      Amount of AUD 600,000
4     Ratify Past Issuance of 72,000,000 Shares For       For        Management
      for a Private Placement


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

HERA SPA

Ticker:                      Security ID:  IT0001250932
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Statutory   For       Did Not    Management
      Reports, and Allocation of Income                   Vote
2     Acknowledge Member of the Board of        For       Did Not    Management
      Directors Elected by Local Authorities              Vote
3     Elect Remaining Board Members             For       Did Not    Management
                                                          Vote
4     Appoint Board of Internal Statutory       For       Did Not    Management
      Auditors and its Chairman                           Vote
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Approve Remuneration of Internal Auditors For       Did Not    Management
                                                          Vote


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

HERA SPA

Ticker:                      Security ID:  IT0001250932
Meeting Date: OCT 4, 2004    Meeting Type: Special
Record Date:  SEP 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Agea Spa; Approve  For       Did Not    Management
      Total Spin Off of Acosea Spa in favor of            Vote
      Hera Spa and of a Newly Constituted
      Company, Acosea Impianti Srl; Approve
      Capital Increase in the Maximum Amount of
      EUR 47 Million To Service the Acquisition
      of Agea Spa
2     Amend Article 16 of the Bylaws            For       Did Not    Management
                                                          Vote
3     Amend Article 17 of the Bylaws            For       Did Not    Management
                                                          Vote


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

HIGH TECH COMPUTER CORP

Ticker:                      Security ID:  TW0002498003
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results of FY 2004
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Indirect Investments in None      None       Management
      Mainland China
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 5 per Share and Stock
      Dividend of 200 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
3     Other Business                            For       Against    Management


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

HONAM PETROCHEMICAL CORPORATION

Ticker:                      Security ID:  KR7011170008
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1000 Per Share
2     Amend Articles of Incorporation to        For       For        Management
      Replace Internal Auditor with Audit
      Committee
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


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

HUTCHISON TELECOMMUNICATIONSINTL LTD

Ticker:                      Security ID:  KYG467141043
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports (Voting)
2.1   Elect Dennis Pok Man Lui as Director      For       For        Management
2.2   Elect T.L. Pennington as Director         For       For        Management
2.3   Elect Chan Ting Yu as Director            For       For        Management
2.4   Elect Cliff Woo Chiu Man as Director      For       For        Management
2.5   Elect Chow Woo Mo Fong as Director        For       For        Management
2.6   Elect Frank John Sixt as Director         For       For        Management
2.7   Elect Kwan Kai Cheong as Director         For       For        Management
2.8   Elect John W. Stanton as Director         For       For        Management
2.9   Elect Kevin Westley as Director           For       For        Management
2.10  Fix Remuneration of Directors             For       For        Management
3     Ratify Auditors                           For       For        Management
4.1   Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
4.2   Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
4.3   Authorize Reissuance of Repurchased       For       For        Management
      Shares
5     Amend Articles of Association Re:         For       For        Management
      Retirement by Rotation


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

HYPO REAL ESTATE HOLDING AG

Ticker:                      Security ID:  DE0008027707
Meeting Date: MAY 20, 2005   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 0.35 per Common Share              Vote
      and 0.35 per Preferred Share
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
6     Convert Preferred Shares Without Voting   For       Did Not    Management
      Rights into Common Shares With Voting               Vote
      Rights
7     Special Resolution for Common             For       Did Not    Management
      Shareholders: Convert Preferred Shares              Vote
      Without Voting Rights into Common Shares
      With Voting Rights
8     Amend Corporate Purpose to Reflect        For       Did Not    Management
      Pending Changes in German Banking Law               Vote
9     Amend Articles Re: Calling of,            For       Did Not    Management
      Registration for, and Conduct of                    Vote
      Shareholder Meetings due to Pending
      Changes in German Law (Law on Company
      Integrity and Modernization of
      Shareholder Lawsuits)
10    Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft as Auditors for               Vote
      Fiscal 2005


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

ILUKA RESOURCES LTD. (FORMERLY WESTRALIAN SANDS)

Ticker:                      Security ID:  AU000000ILU1
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Grahame D. Campbell as Director     For       Did Not    Management
                                                          Vote
1.2   Elect Valerie A. Davies as Director       For       Did Not    Management
                                                          Vote
2     Amend Constitution Re: Definiton of Terms For       Did Not    Management
      and Interpretation, Lien for Calls, and             Vote
      Retirement of Directors at Annual General
      Meetings


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

INDRA SISTEMAS SA

Ticker:                      Security ID:  ES0118594417
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual Financial Statements   For       For        Management
      and Allocation of Income
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Discharge of Management           For       For        Management
4.1   Reelect for a Three-Year Term Mr. Manuel  For       For        Management
      Azpilicueta Ferrer
4.2   Reelect for a Three-Year Term Mr.         For       For        Management
      Francisco Constans Ros
4.3   Reelect for a Three-Year Term Mr.         For       For        Management
      Humberto Figarola Plaja
4.4   Reelect for a Three-Year Term Mediacion y For       For        Management
      Diagnosticos SA
4.5   Reelect for a Three-Year Term Mr. Javier  For       For        Management
      Monzon de Caceres
4.6   Reelect for a Three-Year Term Mr. Regino  For       For        Management
      Moranchel Fernandez
4.7   Reelect for a Three-Year Term Mr. Joaquin For       For        Management
      Moya-Angeler Cabrera
4.8   Reelect for a Three-Year Term Mr.         For       For        Management
      Participaciones y Cartera de Inversion SL
4.9   Reelect for a Three-Year Term Mr. Pedro   For       For        Management
      Ramon y Cajal Agueras
4.10  Reelect for a Three-Year Term Mr. Manuel  For       For        Management
      Soto Serrano
4.11  Reelect for a Three-Year Term Mr. Juan    For       For        Management
      Carlos Ureta Domingo
4.12  Elect for a Three-Year Term Mrs. Isabel   For       For        Management
      Aguilera Navarro
5     Approve Remuneration of Directors         For       For        Management
6     Approve Reduction in Stated Capital       For       For        Management
      Through Amortization of 513,927 Class B
      Shares
7     Approve Reduction in Stated Capital       For       For        Management
      Through Amortization of 7,694,101 Class A
      Shares
8     Authorize Repurchase of Shares            For       For        Management
9     Approve Auditors for Fiscal Year 2005     For       For        Management
10    Approve Stock Option Plan                 For       For        Management
11    Allow Questions                           For       For        Management
12    Approve Minutes of Meeting                For       For        Management


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

INTERNATIONAL POWER PLC (FORMERLY NATIONAL POWER PLC)

Ticker:       NP.P           Security ID:  GB0006320161
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Re-elect Struan Robertson as Director     For       For        Management
3     Re-elect Phil Cox as Director             For       For        Management
4     Re-elect Adri Baan as Director            For       For        Management
5     Approve Final Dividend of 2.5 Pence Per   For       For        Management
      Ordinary Share
6     Approve Remuneration Report               For       For        Management
7     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 245,559,084
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 36,833,862
10    Authorise 147,335,450 Ordinary Shares for For       For        Management
      Market Purchase


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

INTERNATIONAL POWER PLC (FORMERLY NATIONAL POWER PLC)

Ticker:       NP.P           Security ID:  GB0006320161
Meeting Date: NOV 25, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of MEC International  For       For        Management
      B.V. and Rapid Energy Limited
2     Approve Increase in Authorised Capital    For       For        Management
      from GBP 850,000,001.21 to GBP
      1,133,00,001.21
3     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 245,000,000


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

INTERTEK GROUP PLC (FORMERLY INTERTEK TESTING SERVICES PLC)

Ticker:                      Security ID:  GB0031638363
Meeting Date: MAY 6, 2005    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 7 Pence Per     For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Elect Raymond Kong as Director            For       For        Management
5     Re-elect Vanni Treves as Director         For       For        Management
6     Re-elect Richard Nelson as Director       For       For        Management
7     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Approve Intertek Deferred Bonus Plan      For       For        Management
10    Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 515,926.02
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 77,388.90
12    Authorise 15,477,780 Shares for Market    For       For        Management
      Purchase


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

ITALIAN-THAI DEVELOPMENT PUB LTD

Ticker:                      Security ID:  TH0438010Z10
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  APR 8, 2005

#     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 Allocation of Income              For       For        Management
5     Approve Allocation Dividend of Baht 0.07  For       For        Management
      per Share
6     Elect Directors and Fix Their             For       For        Management
      Remuneration
7     Elect Audit Committee Members and Fix     For       For        Management
      Their Remuneration
8     Approve Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
9     Approve Reduction in Registered Capital   For       For        Management
      to Baht 4.19 Billion
10    Amend Memorandum of Association to        For       For        Management
      Reflect Decrease in Registered Capital
11.1  To Ratify the Purchase of 16 Million      For       Against    Management
      Italthai Marine Co, Ltd's Ordinary Shares
      Totaling Baht 80 Million
11.2  To Ratify the Investment in Thai Pride    For       Against    Management
      Cement Co, Ltd
11.3  To Ratify the Investment  in  Skanska     For       Against    Management
      Cementation  India  Limited
12    Other Business                            For       Against    Management


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

IVANHOE MINES LTD. (FORMERLY INDOCHINA GOLDFIELDS LTD)

Ticker:       IVN.           Security ID:  CA46579N1033
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert M. Friedland       For       For        Management
1.2   Elect  Director R. Edward Flood           For       For        Management
1.3   Elect  Director Kjeld Thygesen            For       For        Management
1.4   Elect  Director Robert Hanson             For       For        Management
1.5   Elect  Director John Weatherall           For       For        Management
1.6   Elect  Director Markus Faber              For       Withhold   Management
1.7   Elect  Director John Macken               For       For        Management
1.8   Elect  Director David Huberman            For       For        Management
1.9   Elect  Director John Bruk                 For       For        Management
1.10  Elect  Director Howard Balloch            For       For        Management
1.11  Elect  Director Peter Meredith            For       For        Management
2     Appoint Deloitte & Touche LLP as Auditors For       For        Management
      and Authorize Board to Fix Remuneration
      of Auditors
3     Amend Equity Incentive Plan               For       Against    Management


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

JD GROUP LTD.

Ticker:                      Security ID:  ZAE000030771
Meeting Date: FEB 9, 2005    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 Aug. 31, 2004
2.1   Reelect I.S. Levy as Director             For       For        Management
2.2   Reelect M. Lock as Director               For       For        Management
2.3   Reelect M.J. Shaw as Director             For       For        Management
2.4   Reelect J.H.C. Kok as Director            For       For        Management
3     Place Authorized but Unissued Shares      For       For        Management
      under Control of Directors
4     Reappoint Deloitte & Touche as Auditors   For       For        Management
      and Authorize Board to Fix Their
      Remuneration for the Past Year
5     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital
6     Authorize Repurchase of up to 20 Percent  For       For        Management
      of Issued Share Capital


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

JOHN FAIRFAX HOLDINGS LTD.

Ticker:                      Security ID:  AU000000FXJ5
Meeting Date: OCT 29, 2004   Meeting Type: Annual
Record Date:  OCT 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Joan Withers as Director            For       Did Not    Management
                                                          Vote
2     Elect Dean Willis as Director             For       Did Not    Management
                                                          Vote
3     Elect Julia King as Director              For       Did Not    Management
                                                          Vote
4     Approve Aggregate Remuneration of         For       Did Not    Management
      Directors in the Amount of AUD 1,500,000            Vote


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

JOYO BANK LTD.

Ticker:                      Security ID:  JP3394200004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 2.5,            Vote
      Final JY 2.5, Special JY 1
2.1   Elect Director                            For       Did Not    Management
                                                          Vote
2.2   Elect Director                            For       Did Not    Management
                                                          Vote
2.3   Elect Director                            For       Did Not    Management
                                                          Vote
2.4   Elect Director                            For       Did Not    Management
                                                          Vote
2.5   Elect Director                            For       Did Not    Management
                                                          Vote
2.6   Elect Director                            For       Did Not    Management
                                                          Vote
2.7   Elect Director                            For       Did Not    Management
                                                          Vote
2.8   Elect Director                            For       Did Not    Management
                                                          Vote
2.9   Elect Director                            For       Did Not    Management
                                                          Vote
2.10  Elect Director                            For       Did Not    Management
                                                          Vote
2.11  Elect Director                            For       Did Not    Management
                                                          Vote
3     Approve Retirement Bonuses for Directors  For       Did Not    Management
                                                          Vote


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

KING YUAN ELECTRONICS CO LTD

Ticker:                      Security ID:  TW0002449006
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          Vote
1.3   Receive Report on Status of Endorsements  None      Did Not    Management
      and Guarantees                                      Vote
1.4   Receive Report on the Execution of        None      Did Not    Management
      Treasury Shares                                     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 1 per Share and Stock               Vote
      Dividend of 150 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
3.2   Amend Articles of Association             For       Did Not    Management
                                                          Vote
3.3   Approve Increase of Registered Capital    For       Did Not    Management
      and Issuance of Ordinary Shares to                  Vote
      Participate the Issuance of Global
      Depository Receipt
3.4   Amend Articles of Association             For       Did Not    Management
                                                          Vote
4.1   Elect Lee Chin Kung as Director with ID   For       Did Not    Management
      No. 2                                               Vote
4.2   Elect Lin Diann Fang as Director with ID  For       Did Not    Management
      No. 357                                             Vote
4.3   Elect Hsiao Jui Ming as Director with ID  For       Did Not    Management
      No. 9                                               Vote
4.4   Elect  Lin Wen Po as Director with ID No. For       Did Not    Management
      40152                                               Vote
4.5   Elect a Representative from Siliconware   For       Did Not    Management
      Precision Industries as Director with ID            Vote
      No. 35784
4.6   Elect Lin Shin Tsai as Director with ID   For       Did Not    Management
      No. 90                                              Vote
4.7   Elect Yang Hui Shuan  as Independent      For       Did Not    Management
      Director with ID No. A203967701                     Vote
4.8   Elect Shen Hsi She as independent         For       Did Not    Management
      Director with ID No. 25747                          Vote
4.9   Elect a Representative from China         For       Did Not    Management
      Depelopment Industrial Bank as Director             Vote
      with ID No. 1753
4.10  Elect Hsieh Chi Chun as Supervisor with   For       Did Not    Management
      ID No. 263                                          Vote
4.11  Elect Huang Chien Teng as Supervisor with For       Did Not    Management
      ID No. 55281                                        Vote
4.12  Elect a Representative from Silicon       For       Did Not    Management
      Storage Technology Inc as Supervisor with           Vote
      ID No. 4639
5     Approve Release of Restrictions of        For       Did Not    Management
      Competitive Activities of Directors                 Vote


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

KINGSPAN GROUP PLC

Ticker:                      Security ID:  IE0004927939
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Final Dividend of 6.2 Cents per   For       Did Not    Management
      Share                                               Vote
3.a   Elect David Bryne as Director             For       Did Not    Management
                                                          Vote
3.b   Re-elect Eugene Murtagh as Director       For       Did Not    Management
                                                          Vote
3.c   Re-elect Russell Shiels as Director       For       Did Not    Management
                                                          Vote
3.d   Re-elect Peter Wilson as Director         For       Did Not    Management
                                                          Vote
3.e   Re-elect Eoin McCarthy as Director        For       Did Not    Management
                                                          Vote
3.f   Re-elect Kevin O'Connell as Director      For       Did Not    Management
                                                          Vote
4     Authorize Board to Fix Remuneration of    For       Did Not    Management
      Auditors                                            Vote
5     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Amount Equal to the
      Authorized but Unissues Share Capital
6     Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Five Percent of
      the Issued Share Capital
7     Authorize Share Repurchase Program of up  For       Did Not    Management
      to 10 Percent of the Aggregate Nominal              Vote
      Value of the Issued Share Capital
8     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote
9     Transact Other Business (Voting)          For       Did Not    Management
                                                          Vote


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

KINGSPAN GROUP PLC

Ticker:                      Security ID:  IE0004927939
Meeting Date: MAY 26, 2005   Meeting Type: Special
Record Date:  MAY 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Waive Requirement for Mandatory Offer to  None      Did Not    Management
      All Shareholders                                    Vote


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

KITZ CORP.

Ticker:                      Security ID:  JP3240700009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3,
      Final JY 7, Special JY 0
2     Approve Payment of Annual Bonuses to      For       For        Management
      Directors
3     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 186.41 Million to 400
      Million shares - Reduce Maximum Board
      Size
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


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

KLEPIERRE

Ticker:                      Security ID:  FR0000121964
Meeting Date: APR 7, 2005    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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Accounting Transfers From         For       Did Not    Management
      Long-Term Capital Gains Account to                  Vote
      Ordinary Reserve
5     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 2.30 per Share                     Vote
6     Elect Alain Papiasse as Supervisory Board For       Did Not    Management
      Member                                              Vote
7     Elect Francois Demon as Supervisory Board For       Did Not    Management
      Member                                              Vote
8     Reelect Jerome Bedier as Supervisory      For       Did Not    Management
      Board Member                                        Vote
9     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
10    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
11    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 60 Million
12    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 60 Million
13    Authorize Board to Set Issue Price for    For       Did Not    Management
      Ten Percent of Issued Capital Pursuant to           Vote
      Issue Authority without Preemptive Rights
14    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Submitted to Shareholder Vote Above
15    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent for Future Exchange Offers                  Vote
16    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 60 Million for Bonus Issue or             Vote
      Increase in Par Value
17    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
18    Authorize Restricted Stock Plan;          For       Did Not    Management
      Authorize Use of Up to Ten Percent of               Vote
      Issued Capital in Restricted Stock Plan
19    Set Global Limit for Capital Increase to  For       Did Not    Management
      Result from All Issuance Requests at EUR            Vote
      70 Million
20    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

KONE CORPORATION

Ticker:                      Security ID:  FI0009013403
Meeting Date: JUN 17, 2005   Meeting Type: Special
Record Date:  JUN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors at 8; Elect Reino For       Did Not    Management
      Hanhinen as Director                                Vote
2     Authorize Repurchase of Up to 6.4 Million For       Did Not    Management
      Shares                                              Vote
3     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


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

KONE CORPORATION

Ticker:                      Security ID:  FI0009000566
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
5     Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
6     Fix Number of Directors: Approve Their    For       Did Not    Management
      Remuneration                                        Vote
7     Fix Number of Auditors: Approve Their     For       Did Not    Management
      Remuneration                                        Vote
8     Elect Directors                           For       Did Not    Management
                                                          Vote
9     Appoint Auditors and Deputy Auditors      For       Did Not    Management
                                                          Vote


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

KONINKLIJKE BAM GROEP NV (FORMERLY KONINKLIJKE BAM NBM)

Ticker:                      Security ID:  NL0000337244
Meeting Date: MAY 9, 2005    Meeting Type: Annual
Record Date:  MAY 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2a    Receive Report of Executive Board         None      Did Not    Management
                                                          Vote
2b    Receive Report of Supervisory Board       None      Did Not    Management
                                                          Vote
2c    Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
3     Discussion about Company's Corporate      None      Did Not    Management
      Governance Report                                   Vote
4     Approve Discharge of Executive Board      For       Did Not    Management
                                                          Vote
5     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
6     Receive Explanation on Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
7     Approve Dividend of EUR 1.55 Per Share    For       Did Not    Management
                                                          Vote
8a    Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Shares Restricting/Excluding           Vote
      Preemptive Rights
8b    Authorize Board to Exclude Preemptive     For       Did Not    Management
      Rights from Issuance Under Item 8a                  Vote
9     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
10    Amend Articles to Reflect Recommendations For       Did Not    Management
      of Dutch Corporate Governance Code and              Vote
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
11    Approve Cancellation of 1.6 Million       For       Did Not    Management
      Non-Convertible Cumulative Preference               Vote
      Shares F
12a   Discussion on Supervisory Board Profile   None      Did Not    Management
                                                          Vote
12b1  Reelect A. Baar to Supervisory Board      For       Did Not    Management
                                                          Vote
12b2  Reelect H. van Rompuy to Supervisory      For       Did Not    Management
      Board                                               Vote
12c   Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
13    Approve Remuneration Report Containing    For       Did Not    Management
      Remuneration Policy for Executive Board             Vote
      Members
14    Ratify PricewaterhouseCoopers as Auditors For       Did Not    Management
                                                          Vote
15    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
16    Close Meeting                             None      Did Not    Management
                                                          Vote


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

KURARAY CO. LTD.

Ticker:                      Security ID:  JP3269600007
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5.5,
      Final JY 6.5, 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
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonus for Director     For       For        Management


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

KYOWA EXEO CORP.

Ticker:                      Security ID:  JP3254200003
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 5,              Vote
      Final JY 6, Special JY 0
2.1   Elect Director                            For       Did Not    Management
                                                          Vote
2.2   Elect Director                            For       Did Not    Management
                                                          Vote
2.3   Elect Director                            For       Did Not    Management
                                                          Vote
2.4   Elect Director                            For       Did Not    Management
                                                          Vote
2.5   Elect Director                            For       Did Not    Management
                                                          Vote
2.6   Elect Director                            For       Did Not    Management
                                                          Vote
2.7   Elect Director                            For       Did Not    Management
                                                          Vote
2.8   Elect Director                            For       Did Not    Management
                                                          Vote
2.9   Elect Director                            For       Did Not    Management
                                                          Vote
2.10  Elect Director                            For       Did Not    Management
                                                          Vote
2.11  Elect Director                            For       Did Not    Management
                                                          Vote
2.12  Elect Director                            For       Did Not    Management
                                                          Vote
2.13  Elect Director                            For       Did Not    Management
                                                          Vote
2.14  Elect Director                            For       Did Not    Management
                                                          Vote
2.15  Elect Director                            For       Did Not    Management
                                                          Vote
2.16  Elect Director                            For       Did Not    Management
                                                          Vote
2.17  Elect Director                            For       Did Not    Management
                                                          Vote
2.18  Elect Director                            For       Did Not    Management
                                                          Vote
2.19  Elect Director                            For       Did Not    Management
                                                          Vote
2.20  Elect Director                            For       Did Not    Management
                                                          Vote
3     Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
4     Approve Retirement Bonuses for Directors  For       Did Not    Management
      and Statutory Auditor                               Vote
5     Approve Executive Stock Option Plan       For       Did Not    Management
                                                          Vote


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

LION NATHAN LTD.

Ticker:                      Security ID:  AU000000LNN6
Meeting Date: DEC 15, 2004   Meeting Type: Annual
Record Date:  DEC 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2a    Elect Naomichi Asano as Director          For       For        Management
2b    Elect Andrew Maxwell Reeves as Director   For       For        Management
2c    Elect Geoffrey Thomas Ricketts as         For       For        Management
      Director
2d    Elect Gavin Ronald Walker as Director     For       For        Management
3     Approve Grant of Achievement Rights to    For       For        Management
      Robert Andrew Murray Under the Company's
      Achievement Rights Plan
4     Approve Grant of Achievement Rights to    For       For        Management
      Andrew Maxwell Reeves Under the Company's
      Achievement Rights Plan


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

LOGITECH INTERNATIONAL SA

Ticker:                      Security ID:  CH0012607195
Meeting Date: JUN 16, 2005   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 2:1 Stock Split                   For       Did Not    Management
                                                          Vote
4     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
5     Amend Articles to Lower Minimum           For       Did Not    Management
      Shareholding Requirement for Submitting             Vote
      Shareholder Proposals
6     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
7.1.1 Elect Matthew Bousquette as Director      For       Did Not    Management
                                                          Vote
7.1.2 Reelect Frank Gill as Director            For       Did Not    Management
                                                          Vote
7.1.3 Reelect Gary Beninger as Director         For       Did Not    Management
                                                          Vote
7.2   Ratify PricewaterhouseCoopers SA as       For       Did Not    Management
      Auditors                                            Vote


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

LONZA GROUP LTD.

Ticker:                      Security ID:  CH0013841017
Meeting Date: APR 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      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 CHF 1.30 per Share                     Vote
4     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
5     Approve Creation of CHF 2.5 Million Pool  For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
6     Reelect Peter Kalantzis, Bernard Mach,    For       Did Not    Management
      Richard Sykes, and Peter Wilden as                  Vote
      Directors; Elect Rolf Soiron as Director
7     Ratify KPMG Fides Peat as Auditors        For       Did Not    Management
                                                          Vote


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

MARUBENI CORP.

Ticker:                      Security ID:  JP3877600001
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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 4,
      Special JY 0
2     Approve Reduction in Capital Reserves     For       For        Management
3     Amend Articles to: Expand Business Lines  For       Against    Management
      - Authorize Share Repurchases at Board's
      Discretion - Streamline Board Structure
      in Connection with Introduction of
      Executive Officer System
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
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors and
      Statutory Auditors
7     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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

MILLENNIUM & COPTHORNE HOTELS PLC

Ticker:       MLCZY          Security ID:  GB0005622542
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Directors' Report                  For       For        Management
2     Accept the Accounts and the Auditors'     For       For        Management
      Report on Those Accounts
3     Approve Final Dividend of 10.42 Pence Per For       For        Management
      Share
4     Re-elect Kwek Leng Beng as Director       For       For        Management
5     Re-elect Kwek Leng Joo as Director        For       For        Management
6     Re-elect Kwek Leng Peck as Director       For       For        Management
7     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
8     Approve Remuneration Report               For       For        Management
9     Approve Extension of the Provisions of    For       For        Management
      the Co-operation Agreement Enabling City
      Developments Ltd. to Maintain its
      Percentage Shareholding in the Company
10    Approve EU Political Donations and        For       Against    Management
      Expenditure up to GBP 100,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 28,645,938
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,296,891
13    Authorise 28,645,938 Shares for Market    For       For        Management
      Purchase


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

MLP AG(FRMLY MARSCHOLLEK, LAUTENSCHLAEGER UND PARTNER AG)

Ticker:                      Security ID:  DE0006569908
Meeting Date: JUN 21, 2005   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 0.22 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Ratify Ernst & Young AG as Auditors for   For       Did Not    Management
      Fiscal Year 2005                                    Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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

MONEX BEANS HOLDINGS INC.,

Ticker:                      Security ID:  JP3869970008
Meeting Date: JUN 25, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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 500, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Did Not    Management
      - Authorize Appointment of Alternate                Vote
      Statutory Auditors - Authorize Payment of
      Interim Dividends
3.1   Elect Director                            For       Did Not    Management
                                                          Vote
3.2   Elect Director                            For       Did Not    Management
                                                          Vote
3.3   Elect Director                            For       Did Not    Management
                                                          Vote
3.4   Elect Director                            For       Did Not    Management
                                                          Vote
3.5   Elect Director                            For       Did Not    Management
                                                          Vote
3.6   Elect Director                            For       Did Not    Management
                                                          Vote
3.7   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
4.3   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
4.4   Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
5     Appoint Alternate Internal Statutory      For       Did Not    Management
      Auditor                                             Vote
6     Approve Adjustment to Aggregate           For       Did Not    Management
      Compensation Ceiling for Directors and              Vote
      Statutory Auditors


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

MOTECH INDUSTRIES CO LTD

Ticker:                      Security ID:  TW0006244007
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          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 2.8 per Share and Stock             Vote
      Dividend of 620 Shares per 1000 Shares
3.1   Amend Articles of Association             For       Did Not    Management
                                                          Vote
3.2   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
3.3   Approve Investment in People's Republic   For       Did Not    Management
      of China                                            Vote
4     Other Business                            For       Did Not    Management
                                                          Vote


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

MYTRAVEL GROUP PLC (FORMERLY AIRTOURS PLC)

Ticker:                      Security ID:  GB00B054QP30
Meeting Date: MAR 31, 2005   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 Michael Beckett as Director         For       For        Management
4     Elect Sam Weihagen as Director            For       For        Management
5     Re-elect Peter McHugh as Director         For       For        Management
6     Re-elect Sir Tom Farmer as Director       For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Adopt New Articles of Association         For       For        Management


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

MYTRAVEL GROUP PLC (FORMERLY AIRTOURS PLC)

Ticker:                      Security ID:  GB00B054QP30
Meeting Date: MAR 31, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sub-Division of Each Issued       For       For        Management
      Ordinary Share of 10p into 1 Ordinary
      Share of 1p and 1 Deferred Share of 9p;
      Sub-Division of Each Authorised but
      Unissued Share of 10p into 10 Ordinary
      Shares of 1p; and Adopt New Articles
2     Approve Reduction in Share Capital by     For       For        Management
      Cancelling and Extinguishing all of the
      Deferred Shares
3     Approve Capitalisation of up to 58 Pence  For       For        Management
      Standing to the Share Premium Account and
      Utilise Such Sum in Paying up in Full and
      Issuing up to 29 Ordinary Shares and up
      to 29 One Percent Non-Voting
      Non-Cumulative Preference Shares
4     Approve Consolidation of Every 30 Issued  For       For        Management
      and Authorised but Unissued Ordinary
      Shares of One Pence Each into One
      Ordinary Share of 30 Pence Each
5     Approve Consolidation of Every 30 Issued  For       For        Management
      One Percent Non-Voting Non-Cumulative
      Preference Shares of One Pence Each into
      One 1 Percent Non-Voting Non-Cumulative
      Preference Share of 30 Pence Each


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

NEOMAX CO. LTD. (FRM. SUMITOMO SPECIAL METALS CO. LTD.)

Ticker:                      Security ID:  JP3408600009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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: Delete Reference to    For       For        Management
      Dividend Payment Schedule for New Shares
      Issued Upon Conversion of Convertible
      Bonds
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Appoint External Auditors                 For       For        Management
6     Approve Special Bonus for Family of       For       For        Management
      Deceased Director and Retirement Bonus
      for Director


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

NETELLER PLC

Ticker:                      Security ID:  GB0034264548
Meeting Date: APR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Re-elect John Lefebvre as Director        For       For        Management
3     Reappoint Deloitte & Touche as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
4     To Defer Until the Next AGM all Matters   For       For        Management
      Relating to the Company's Activities for
      2004 Calendar Year


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

NETELLER PLC

Ticker:                      Security ID:  GB0034264548
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Re-elect Donald Lindsay as Director       For       For        Management
3     Re-elect Gordon Herman as Director        For       For        Management
4     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
5     Amend Neteller plc Share Option Plan      For       For        Management


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

NII HOLDINGS, INC.

Ticker:       NIHD           Security ID:  62913F201
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Neal P. Goldman           For       For        Management
1.2   Elect  Director Charles M. Herington      For       For        Management
1.3   Elect  Director John W. Risner            For       For        Management
2     Ratify Auditors                           For       For        Management


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

NIPPON ELECTRIC GLASS CO. LTD.

Ticker:                      Security ID:  JP3733400000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6,
      Final JY 3.50, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - 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
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management


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

NISSIN CO. LTD.

Ticker:                      Security ID:  JP3674410000
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 1.38,
      Final JY 2.5, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
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
5     Appoint Internal Statutory Auditor        For       For        Management


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

NORTHUMBRIAN WATER LIMITED

Ticker:                      Security ID:  GB0033029744
Meeting Date: AUG 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 Final Dividend of 4.63 Pence Per  For       For        Management
      Ordinary Share
3     Elect John Cuthbert as Director           For       For        Management
4     Elect Chris Green as Director             For       For        Management
5     Elect Sir Patrick Brown as Director       For       For        Management
6     Elect Martin Negre as Director            For       For        Management
7     Elect Derek Wanless as Director           For       For        Management
8     Elect Jenny Williams as Director          For       For        Management
9     Elect Alain Chaigneau as Director         For       For        Management
10    Elect Bernard Guirkinger as Director      For       For        Management
11    Elect Sir Fred Holliday as Director       For       For        Management
12    Re-appoint Ernst and Young LLP as         For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
13    Approve Remuneration Report               For       For        Management
14    Authorise 5,186,238 Ordinary Shares for   For       For        Management
      Market Purchase


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

NOVA CHEMICALS CORP. (FORMERLY NOVA CORP.)

Ticker:       NCX.           Security ID:  CA66977W1095
Meeting Date: APR 6, 2005    Meeting Type: Annual/Special
Record Date:  FEB 25, 2005

#     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.M. Stanford              For       For        Management
2     Approve Ernst & Young LLP as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors
3     Amend Shareholder Rights Plan (Poison     For       For        Management
      Pill)


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

NOVATEK MICROELECT              TWD10

Ticker:                      Security ID:  TW0003034005
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 5.4 per Share and Stock
      Dividend of 135 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Articles of Association             For       Against    Management
4     Other Business                            None      None       Management


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

OBAYASHI CORP.

Ticker:                      Security ID:  JP3190000004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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       For        Management
      - Reduce Maximum  Board Size - Authorize
      Public Announcements in Electronic Format
      - Introduce Executive Officer System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Special Payments to Continuing
      Directorsand Statutory Auditors in
      Connection with Abolition of Retirement
      Bounu System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors


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

OMC CARD, INC.(FORMERLY DAIEI OMC INC. )

Ticker:                      Security ID:  JP3480400005
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     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 10, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Did Not    Management
      - Reduce Directors' Term in Office -                Vote
      Authorize Share Repurchases at Board's
      Discretion
3.1   Elect Director                            For       Did Not    Management
                                                          Vote
3.2   Elect Director                            For       Did Not    Management
                                                          Vote
3.3   Elect Director                            For       Did Not    Management
                                                          Vote
3.4   Elect Director                            For       Did Not    Management
                                                          Vote
3.5   Elect Director                            For       Did Not    Management
                                                          Vote
3.6   Elect Director                            For       Did Not    Management
                                                          Vote
3.7   Elect Director                            For       Did Not    Management
                                                          Vote
3.8   Elect Director                            For       Did Not    Management
                                                          Vote
3.9   Elect Director                            For       Did Not    Management
                                                          Vote
3.10  Elect Director                            For       Did Not    Management
                                                          Vote
3.11  Elect Director                            For       Did Not    Management
                                                          Vote
3.12  Elect Director                            For       Did Not    Management
                                                          Vote
3.13  Elect Director                            For       Did Not    Management
                                                          Vote
4     Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
5     Approve Retirement Bonuses for Directors  For       Did Not    Management
      and Statutory Auditor                               Vote


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

ORION-YHTYMA OY

Ticker:                      Security ID:  FI0009800346
Meeting Date: MAR 22, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors Report                   None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.55 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Fix Number of Directors at 7              For       Did Not    Management
                                                          Vote
1.7   Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
1.8   Reelect Erkki Etola, Eero Karvonen, Matti For       Did Not    Management
      Kavetvuo, Leena Palotie, Vesa Puttonen,             Vote
      and Heikki Vapaatalo as Directors; Elect
      Olli Riikkala as a New Director
1.9   Reelect Matti Kavetvuo as Chairman of the For       Did Not    Management
      Board                                               Vote
1.10  Reelect Pekka Luoma, APA as Auditor and   For       Did Not    Management
      Paeivi Virtanen, APA as Deputy Auditor              Vote
1.11  Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
2     Amend Articles Re: Simplify Structure of  For       Did Not    Management
      Section 5                                           Vote
3     Approve EUR 3.04 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
      (417,864 A-Shares and 1.37 Million
      B-Shares)
4     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital                     Vote
5     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote
6     Fix the Number of Directors at 7; Reelect For       Did Not    Management
      Erkki Etola, Eero Karvonen, Matti                   Vote
      Kavetvuo, Leena Palotie, Vesa Puttonen,
      and Heikki Vapaatalo as Directors; Elect
      Olli Riikkala as a New Director; Reelect
      Matti Kavetvuo as Chairman of the Board
7     Reelect Pekka Luoma, APA as Auditor and   For       Did Not    Management
      Paeivi Virtanen, APA as Deputy Auditor              Vote


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

ORION-YHTYMA OY

Ticker:                      Security ID:  FI0009800346
Meeting Date: SEP 14, 2004   Meeting Type: Special
Record Date:  SEP 3, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Special Dividends of EUR 2.14 Per For       Did Not    Management
      Share for Fiscal Year 2003                          Vote
2     Authorize Capitalization of Reserves for  For       Did Not    Management
      1:1 (One New Share for Every One                    Vote
      Currently Held) Bonus Issue or Increase
      in Par Value
3     Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital (Item 2): Set Range for Minimum             Vote
      (EUR 127.5 Million) and Maximum (EUR 510
      Million) Issued Share Capital; Set New
      Maximum Number of Issued Class A Shares
      (120 Million) and Class B Shares (180
      Million)


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

PAPERLINX LIMITED

Ticker:                      Security ID:  AU000000PPX1
Meeting Date: OCT 26, 2004   Meeting Type: Annual
Record Date:  OCT 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.a   Elect DE Meiklejohn as Director           For       For        Management
2.b   Elect TP Park as Director                 For       For        Management
2.c   Elect NL Scheinkestel as Director         For       For        Management
3     Approve Stock Option Grants to TP Park    For       For        Management
      and DG Abotomey


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

PENNON GROUP PLC (FRM.SOUTH WEST WATER)

Ticker:                      Security ID:  GB0031800955
Meeting Date: JUL 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 Final Dividend of 27.8 Pence Per  For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Elect Gerard Connell as Director          For       For        Management
5     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 36,070,000
8     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,946,000
9     Authorise 12,516,000 Ordinary Shares for  For       For        Management
      Market Purchase
10    Amend the Pennon Group Restricted Share   For       Against    Management
      Plan
11    Authorise the Company to Make EU          For       Against    Management
      Political Donations and Incur Political
      Expenditure up to Aggregate Nominal
      Amount of GBP 100,000


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

PETROKAZAKHSTAN INC (FORMERLY HURRICANE HYDROCARBONS LTD)

Ticker:       PKZ.           Security ID:  71649P102
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Bernard F. Isautier, Louis W.       For       For        Management
      MacEachern, James B.C Doak, Jacques
      Lefevre, Nurlan J. Kapparov and Jan Bonde
      Nielsen as Directors
2     Approve TOO Deloitte & Touche, Almaty,    For       For        Management
      Kazakhstan as Auditors and Authorize
      Board to Fix Remuneration of Auditors


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

PHONAK HOLDING AG

Ticker:                      Security ID:  CH0012549785
Meeting Date: JUL 8, 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          For       Did Not    Management
      Dividends of CHF 0.20 per Share                     Vote
4     Ratify PricewaterhouseCoopers AG as       For       Did Not    Management
      Auditors                                            Vote


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

PIRELLI & C.REAL ESTATE SPA

Ticker:                      Security ID:  IT0003270615
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Fix Number of Directors on the Board;     For       Did Not    Management
      Elect Directors;  Determine Directors'              Vote
      Term and Remuneration
3     Approve Remuneration of Members of the    For       Did Not    Management
      Controlling Board Constituted According             Vote
      to the 2001 Law n.231
4     Elect External Auditors for the           For       Did Not    Management
      Three-Year Term 2005-2007; Fix Auditors'            Vote
      Remuneration
5     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares; Cancel            Vote
      Previously Approved Resolution


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

PRECISION DRILLING CORPORATION

Ticker:       PD.            Security ID:  CA74022D1006
Meeting Date: MAY 10, 2005   Meeting Type: Annual/Special
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect W.C. Dunn, R.J.S. Gibson, P.M.      For       For        Management
      Murray, F.W. Pheasey, R.L. Phillips, H.B.
      Swartout, H.G. Wiggins as Directors
2     Ratify KPMG LLP as Auditors               For       For        Management
3     Approve 2:1 Stock Split                   For       For        Management
4     Approve 2005 Stock Option Plan            For       For        Management


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

PT BUMI RESOURCES TBK

Ticker:                      Security ID:  ID1000068703
Meeting Date: OCT 6, 2004    Meeting Type: Special
Record Date:  SEP 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Pledging of Assets for Debt       For       Against    Management


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

PT INDOSAT, INDONESIAN SATELLITE CORPORATION

Ticker:       IIT            Security ID:  ID1000097405
Meeting Date: SEP 30, 2004   Meeting Type: Special
Record Date:  SEP 14, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association             For       Did Not    Management
                                                          Vote
2     Elect Directors                           For       Did Not    Management
                                                          Vote


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

RED ELECTRICA DE ESPANA

Ticker:                      Security ID:  ES0173093115
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual Financial Statements    For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 12-31-04
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 12-31-04
3     Approve Allocation of Income and          For       For        Management
      Dividends for Fiscal Year Ended 12-31-04
4     Approve Discharge of Directors            For       For        Management
5     Elect Directors                           For       For        Management
6     Amend Articles 2, 5, and 17 of the Bylaws For       For        Management
7     Approve Auditors                          For       For        Management
8     Present Corporate Governance Report for   For       For        Management
      Fiscal Year 2004
9     Authorize Share Repurchase Program        For       For        Management
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

RESEARCH IN MOTION LTD

Ticker:       RIM            Security ID:  760975102
Meeting Date: JUL 12, 2004   Meeting Type: Annual
Record Date:  JUN 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Michael Lazaridis, James Balsillie, For       For        Management
      Douglas Fregin, Kendall Cork, James
      Estill, John Richardson, Douglas Wright
      as Directors
2     Approve Ernst & Young LLP as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors
3     Make Greater Effort to Locate Women for   Against   Against    Shareholder
      Board Nomination and Senior Officer
      Positions


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

SATYAM COMPUTER SERVICES

Ticker:                      Security ID:  INE275A01028
Meeting Date: JAN 7, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Issuance of 30 Million American   For       For        Management
      Depository Shares


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

SCHWARZ PHARMA AG

Ticker:                      Security ID:  DE0007221905
Meeting Date: MAY 11, 2005   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 0.20 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify Ernst & Young AG as Auditors for   For       Did Not    Management
      Fiscal 2005                                         Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance or Cancellation of Repurchased           Vote
      Shares
7     Amend Authorized Capital by Extending     For       Did Not    Management
      Date of Expiration                                  Vote
8     Amend Articles Re: Calling of and         For       Did Not    Management
      Registration for Shareholder Meetings due           Vote
      to Pending Changes in German Law (Law on
      Company Integrity and Modernization of
      Shareholder Lawsuits)


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

SENSHU BANK LTD.

Ticker:                      Security ID:  JP3424200008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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 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
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       For        Management
      and Statutory Auditor


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

SHIONOGI & CO. LTD.

Ticker:                      Security ID:  JP3347200002
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 4.25,
      Final JY 7.75, 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
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor


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

SMEDVIG AS

Ticker:       SMV.A          Security ID:  NO0003390205
Meeting Date: MAY 11, 2005   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
4     Approve Remuneration of Directors         For       For        Management
5     Approve Remuneration of Auditors          For       For        Management
6     Reelect Peter Smedvig and Siri Hatlen as  For       For        Management
      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 5.5 Million Reduction in      For       For        Management
      Share Capital via Share Cancellation
10    Amend Corporate Purpose                   For       For        Management


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

SOLARWORLD AG

Ticker:                      Security ID:  DE0005108401
Meeting Date: MAY 25, 2005   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 0.36 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     Amend Articles Re: Supervisory Board      For       Did Not    Management
      Remuneration Scheme                                 Vote
6     Ratify BDO Deutsche Warentreuhand AG as   For       Did Not    Management
      Auditors                                            Vote
7     Approve EUR 6.4 Million Capitalization of For       Did Not    Management
      Reserves                                            Vote
8     Approve Creation of EUR 2.1 Million Pool  For       Did Not    Management
      of Conditional Capital without 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 400
      Million with Preemptive Rights; Approve
      Creation of EUR 3.2 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights


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

SPORTINGBET PLC

Ticker:                      Security ID:  GB0009516252
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Cancellation of the Amount        For       For        Management
      Standing to the Credit of the Share
      Premium Account
2     Adopt New Articles of Association         For       For        Management
3     Authorise Issue of Equity with            For       For        Management
      Pre-emptive Rights up to GBP 6,693
      (Bayard Mgmt. Agreement); GBP 83,172 (DBS
      Advisors Loan Note); GBP 9,772 (Share
      Purchase Agreement); and Otherwise up to
      GBP 108,714.85
4     Authorise Issue of Equity without         For       For        Management
      Pre-emptive Rights up to GBP 6,693
      (Bayard Mgmt. Agreement); GBP 83,172 (DBS
      Advisors Loan Note); GBP 9,772 (Share
      Purchse Agreement); and Otherwise up to
      GBP 10,617


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

STADA ARZNEIMITTEL AG

Ticker:                      Security ID:  DE0007251803
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  JUN 7, 2005

#     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 0.39 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
5     Ratify TREUROG GmbH as Auditors           For       For        Management
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Approve Creation of EUR 69.4 Million Pool For       Against    Management
      of Conditional Capital with a Partial
      Exclusion of Preemptive Rights
8     Amend Corporate Purpose                   For       For        Management


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

STOREBRAND ASA (FORMERLY UNI STOREBRAND)

Ticker:                      Security ID:  NO0003053605
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Approve Notice of Meeting and Agenda      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     Receive Management Report                 None      None       Management
6     Receive and Approve Financial Statements  For       For        Management
      and Statutory Reports; Approve Allocation
      of Income and Dividends of NOK 7 Per
      Share
7     Approve NOK 88.5 Million Reduction in     For       For        Management
      Share Capital via Share Cancellation
8     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
9     Elect Eli Saetersmoen, Johan Andresen,    For       For        Management
      Rune Selmar, Vibeke Madsen, Merete
      Valderhaug, and Roar Engeland as Members
      and Terje Venold, Lars Tronsgaard, Marius
      Steen, and Anders Berggren as Deputy
      Members of Corporate Assembly
10    Elect Rune Selmar, Dag Opedal, and Johan  For       For        Management
      Andresen as Members of Nominating
      Committee
11    Elect Harald Moen and Carl Graff-Wang as  For       For        Management
      Members and Jon Ansteinsson as Deputy
      Member of Control Committee
12    Approve Remuneration of Auditors; Receive For       For        Management
      Report of Board Regarding Composition of
      Audit Fees and Fees for Other Services
13    Close Meeting                             None      None       Management


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

SULZER AG

Ticker:                      Security ID:  CH0002376454
Meeting Date: APR 15, 2005   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 9.00 per Share                     Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4     Reelect Leonardo Vannotti and Thor        For       Did Not    Management
      Hakstad as Directors                                Vote
5     Ratify PricewaterhouseCoopers AG as       For       Did Not    Management
      Auditors                                            Vote


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

SWISS LIFE HOLDING

Ticker:                      Security ID:  CH0014852781
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2.1   Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
2.2   Approve CHF 141.2 Million Reduction in    For       Did Not    Management
      Share Capital via Repayment of CHF 4 to             Vote
      Shareholders
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4     Reelect Gerold Buehrer, Paul Embrechts,   For       Did Not    Management
      and Franziska Tschudi as Directors                  Vote
5     Ratify PricewaterhouseCoopers AG as       For       Did Not    Management
      Auditors                                            Vote


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

T&F INFORMA PLC

Ticker:                      Security ID:  GB0002625654
Meeting Date: JUL 14, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Elect David Smith as Director             For       For        Management
3     Elect Anthony Foye as Director            For       For        Management
4     Elect Derek Mapp as Director              For       For        Management
5     Elect Don Cruickshank as Director         For       For        Management
6     Re-elect Sean Watson as Director          For       For        Management
7     Approve Remuneration Report               For       For        Management
8     Re-appoint KPMG Audit Plc as Auditors of  For       For        Management
      the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Amend the T&F Informa plc Share Matching  For       For        Management
      Plan


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

TANDBERG TELEVISION ASA

Ticker:                      Security ID:  NO0003070906
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Prepare and Approve List of For       For        Management
      Shareholders
2     Elect Chairman of Meeting; Designate      For       For        Management
      Inspector or Shareholder
      Representative(s) of Minutes of Meeting
3     Approve Notice of Meeting and Agenda      For       For        Management
4     Receive Management's Report               None      None       Management
5     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income
6     Amend Articles Re: Stipulate that a       For       For        Management
      Nominating Committee Consisting of
      Between Two and Four Members Be Elected
      by General Meeting
7     Approve Remuneration of Directors in the  For       For        Management
      Amount of NOK 600,000 (Chairman), NOK
      330,000 (Deputy Chairman), NOK 275,000
      (Non-Executive Directors), NOK 165,000
      (Executive Directors) and NOK 20,000
      (Committee Members); Approve Remuneration
      of Auditors
8     Reelect Jan Opsahl, Bengt Thuresson, and  For       For        Management
      Arne Jensen as Directors; Elect Toril Nag
      as New Director; Elect Eric Cooney and
      Reggie Bradford as Deputy Directors;
      Elect Stein Annexstad, Rolf Nilsen, and
      Jan Opsahl as Members of Nominating
      Committee
9.1   Approve Creation of NOK 13 Million Pool   For       For        Management
      of Conditional Capital without Preemptive
      Rights
9.2   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


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

TIS INC. (FRM. TOYO INFORMATION  SYSTEMS)

Ticker:                      Security ID:  JP3612800007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 17, Special JY 0
2     Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor
5     Approve Executive Stock Option Plan       For       Against    Management


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

TODA CORP.

Ticker:                      Security ID:  JP3627000007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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: Reduce Maximum Board   For       For        Management
      Size - 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
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
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


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

TOKUYAMA CORPORATION

Ticker:                      Security ID:  JP3625000009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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
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 Bonus for Statutory    For       Against    Management
      Auditor


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

TOLL HOLDINGS LIMITED

Ticker:                      Security ID:  AU000000TOL1
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  OCT 26, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2     Elect Neil Chatfield as Director          For       For        Management
3     Elect Ross Dunning as Director            For       For        Management
4     Ratify Past Issuance of Two Million       For       For        Management
      Ordinary Shares at AUD9.45 Per Share Last
      Mar. 18, 2004
5     Approve Amendments to Company's           For       For        Management
      Constitution
6     Approve Grant of Options to Paul Little   For       Against    Management
      Under the Senior Executive Option Plan
7     Approve Grant of Options to Mark          For       Against    Management
      Rowsthorn Under the Senior Executive
      Option Plan
8     Approve Grant of Options to Neil          For       Against    Management
      Chatfield Under the Senior Executive
      Option Plan
9     Approve Benefits Payable on Termination   For       Against    Management
      Under a New Executive Service Deed for
      Paul Little


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

TOSOH CORP.

Ticker:                      Security ID:  JP3595200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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 1
2     Amend Articles to: Increase Number of     For       For        Management
      Internal Auditors - Authorize Public
      Announcements in Electronic Format
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       Against    Management
4.3   Appoint Internal Statutory Auditor        For       Against    Management
5.1   Appoint Alternate Internal Statutory      For       For        Management
      Auditor
5.2   Appoint Alternate Internal Statutory      For       Against    Management
      Auditor
6     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor


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

TRADER CLASSIFIED MEDIA (FORMERLY TRADER.COM NV)

Ticker:                      Security ID:  NL0000233187
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Discuss Annual Report                     None      Did Not    Management
                                                          Vote
3     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
4     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
5     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
6     Ratify PricewaterhouseCoopers N.V. as     For       Did Not    Management
      Auditors                                            Vote
7.1   Elect William Altman to Supervisory Board For       Did Not    Management
                                                          Vote
7.2   Elect Robert Fetherstonhaugh to           For       Did Not    Management
      Supervisory Board                                   Vote
7.3   Elect Barry Nalebuff to Supervisory Board For       Did Not    Management
                                                          Vote
7.4   Elect Rene Rijntjes to Supervisory Board  For       Did Not    Management
                                                          Vote
7.5   Elect Sean Riley to Supervisory Board     For       Did Not    Management
                                                          Vote
7.6   Elect Donald Sobey to Supervisory Board   For       Did Not    Management
                                                          Vote
7.7   Elect Eric Teyssonniere de Gramont to     For       Did Not    Management
      Supervisory Board                                   Vote
7.8   Elect Christian Antonius Van den Berg to  For       Did Not    Management
      Supervisory Board                                   Vote
8     Amend Articles                            For       Did Not    Management
                                                          Vote
9     Authorize Board to Exclude Preemptive     For       Did Not    Management
      Rights from Issuance of Shares for Five             Vote
      Years
10    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
11    Authorize Board to Set Record Date        For       Did Not    Management
                                                          Vote
12    Approve Remuneration of Supervisory Board For       Did Not    Management
      and Committees Members                              Vote
13    Approve Remuneration Policy for           For       Did Not    Management
      Management Board Members                            Vote
14    Discussion on Corporate Governance        None      Did Not    Management
      (Non-Voting)                                        Vote
15    Discussion on Dividend Policy             None      Did Not    Management
      (Non-Voting)                                        Vote
16    Allow Questions                           None      Did Not    Management
                                                          Vote
17    Close Meeting                             None      Did Not    Management
                                                          Vote


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

TRADER CLASSIFIED MEDIA (FORMERLY TRADER.COM NV)

Ticker:                      Security ID:  NL0000233187
Meeting Date: JUN 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Amend Articles                            For       Did Not    Management
                                                          Vote
3     Allow Questions                           None      Did Not    Management
                                                          Vote
4     Close Meeting                             None      Did Not    Management
                                                          Vote


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

TRANSURBAN GROUP

Ticker:                      Security ID:  AU000000TCL6
Meeting Date: NOV 10, 2004   Meeting Type: Annual
Record Date:  NOV 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Geoffrey Owen Cosgriff as Director  For       For        Management
2b    Elect Jeremy Davis as Director            For       For        Management
3     Approve Renaming Company to 'Transburban  For       For        Management
      Limited'


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

TRAVIS PERKINS PLC

Ticker:                      Security ID:  GB0007739609
Meeting Date: FEB 2, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Wickes Limited     For       For        Management


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

TULLOW OIL PLC

Ticker:                      Security ID:  GB0001500809
Meeting Date: JUL 7, 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 1 Pence Per     For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Aidan Heavey as Director         For       For        Management
5     Re-elect Patrick Plunkett as Director     For       Against    Management
6     Re-elect Rohan Courtney as Director       For       Against    Management
7     Re-appoint Robert J. Kidney and Co. and   For       For        Management
      Deloitte and Touche LLP as Auditors and
      Authorise Board to Fix Remuneration of
      Auditors


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

TULLOW OIL PLC

Ticker:                      Security ID:  GB0001500809
Meeting Date: JUN 29, 2005   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 1.25 Pence Per  For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Elect David Bamford as Director           For       For        Management
5     Elect Adrian Nel as Director              For       For        Management
6     Re-elect Graham Martin as Director        For       For        Management
7     Re-elect Steven McTiernan as Director     For       For        Management
8     Re-elect Clare Spottiswoode as Director   For       For        Management
9     Re-elect Rohan Courtney as Director       For       Against    Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,232,410
12    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 250,000
      to GBP 400,000
13    Approve Tullow Oil 2005 Performance Share For       For        Management
      Plan


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

UNITED INTERNET AG (FORMERLY 1 & 1 AG )

Ticker:                      Security ID:  DE0005089031
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAY 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports for Fiscal 2004                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.20 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify Ernst & Young AG as Auditors for   For       Did Not    Management
      Fiscal 2005                                         Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Approve Creation of EUR 29 Million Pool   For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
8     Approve Issuance of Convertible Bonds     For       Did Not    Management
      and/or Bonds with Warrants Attached up to           Vote
      Aggregate Nominal Amount of EUR 500
      Million with Preemptive Rights; Approve
      Creation of EUR 23 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights
9     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees; Approve Creation of EUR                  Vote
      750,000 Pool of Conditional Capital to
      Guarantee Conversion Rights
10    Reelect Kurt Dobitsch, Bernhard Dorn, and For       Did Not    Management
      Michael Scheeren to the Supervisory Board           Vote
11    Amend Articles Re: Performance-Based      For       Did Not    Management
      Remuneration Plan for Supervisory Board             Vote
      Members
12    Amend Articles Re: Registration for       For       Did Not    Management
      Shareholder Meetings and Voting                     Vote
      Procedures


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

UTSTARCOM, INC.

Ticker:       UTSI           Security ID:  918076100
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Allen Lenzmeier           For       For        Management
1.2   Elect  Director Larry D. Horner           For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Ratify Auditors                           For       For        Management


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

VEDIOR NV

Ticker:                      Security ID:  NL0000390854
Meeting Date: APR 29, 2005   Meeting Type: Special
Record Date:  APR 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Opportunity to Make Recommendations for   None      Did Not    Management
      Appointment of Member of the Board of the           Vote
      Stichting Administratiekantoor of
      Ordinary Shares
3     Allow Questions                           None      Did Not    Management
                                                          Vote
4     Close Meeting                             None      Did Not    Management
                                                          Vote


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

VEDIOR NV

Ticker:                      Security ID:  NL0000390854
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2a    Receive Report of Management Board        None      Did Not    Management
                                                          Vote
2b    Receive Report of 'Stichting              None      Did Not    Management
      Administratiekantoor van gewone aandelen            Vote
      Vedior'
2c    Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2d    Approve Dividend of EUR 0.20 per Ordinary For       Did Not    Management
      Share                                               Vote
3a    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
3b    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4     Discussion about Company's Corporate      None      Did Not    Management
      Governance                                          Vote
5     Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Ordinary Shares Up to 10               Vote
      Percent Restricting/Excluding  Preemptive
      Rights (25 Percent in Connection with
      Merger of Acquisition)
6     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
7     Reelect D. Sinninghe Damste to            For       Did Not    Management
      Supervisory Board                                   Vote
8     Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
9a    Approve Cancellation of Class of          For       Did Not    Management
      Preference Shares A                                 Vote
9b    Approve Cancellation of Class of          For       Did Not    Management
      Preference Shares B                                 Vote
10    Amend Articles to Delete Reference to     For       Did Not    Management
      Preference Shares A and Holders of These            Vote
      Shares
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
12    Close Meeting                             None      Did Not    Management
                                                          Vote


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

VODAFONE EGYPT LTD

Ticker:                      Security ID:  EGS48001C019
Meeting Date: JAN 31, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles of Association Re:         For       Did Not    Management
      Reappointment of Board of Directors                 Vote


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

VODAFONE EGYPT LTD

Ticker:                      Security ID:  EGS48001C019
Meeting Date: JAN 31, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Dividends to be Distributed from  For       Did Not    Management
      2004 Profits                                        Vote
2     Approve Increase in Number of Board       For       Did Not    Management
      Members to 13                                       Vote


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

VODAFONE EGYPT LTD

Ticker:                      Security ID:  EGS48001C019
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Board Report                       For       Did Not    Management
                                                          Vote
2     Accept Statutory Report                   For       Did Not    Management
                                                          Vote
3     Accept Financial Statements               For       Did Not    Management
                                                          Vote
4     Approve Dividends                         For       Did Not    Management
                                                          Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6     Approve Discharge of Board                For       Did Not    Management
                                                          Vote
7     Elect Directors                           For       Did Not    Management
                                                          Vote
8     Approve Attendance Allowances and         For       Did Not    Management
      Transportation Expenses of Directors                Vote
9     Authorize Board to Fix Remuneration of    For       Did Not    Management
      Auditors                                            Vote
10    Authorize Board to Make Donations in 2005 For       Did Not    Management
                                                          Vote


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

WESSANEN (FORMERLY BOLSWESSANEN)

Ticker:                      Security ID:  NL0000395309
Meeting Date: OCT 1, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2.1   Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2.2   Approve Discharge of Concerndirectie      For       Did Not    Management
                                                          Vote
2.3   Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
3     Ratify KPMG Accountants as Auditors       For       Did Not    Management
                                                          Vote
4     Reelect K. Storm and Elect J. Hautvast to For       Did Not    Management
      Supervisory Board                                   Vote
5     Allow Questions                           None      Did Not    Management
                                                          Vote
6     Close Meeting                             None      Did Not    Management
                                                          Vote


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

WIENERBERGER  AG (FM. WIENERBERGER BAUSTOFFINDUSTRIE AG)

Ticker:                      Security ID:  AT0000831706
Meeting Date: MAY 12, 2005   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              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Ratify Auditors                           For       Did Not    Management
                                                          Vote
5     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance or Cancellation of Repurchased           Vote
      Shares


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

YASKAWA ELECTRIC CORP.

Ticker:                      Security ID:  JP3932000007
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  MAR 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Handling of Net Loss, with No     For       For        Management
      Dividends
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


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

ZODIAC SA

Ticker:                      Security ID:  FR0000125684
Meeting Date: DEC 16, 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 Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.65 per Share                     Vote
4     Approve Stock Dividend Program            For       Did Not    Management
                                                          Vote
5     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
6     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
7     Reelect Melchior d'Aramon as Supervisory  For       Did Not    Management
      Board Member                                        Vote
8     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 5 Million
9     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 5 Million
10    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 5 Million for Bonus Issue or              Vote
      Increase in Par Value
11    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
12    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
13    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
14    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote




============================= INTERNATIONAL GROWTH =============================


ACCENTURE LTD BERMUDA

Ticker:       ACN            Security ID:  G1150G111
Meeting Date: FEB 2, 2005    Meeting Type: Annual
Record Date:  DEC 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Joe W. Forehand           For       For        Management
1.2   Elect  Director Blythe J. Mcgarvie        For       For        Management
1.3   Elect  Director Sir Mark Moody-Stuart     For       For        Management
2     APPROVAL OF BYE-LAW AMENDMENTS TO         For       For        Management
      RELOCATE INTO THE BYE-LAWS EXISTING
      CONTRACTUAL RESTRICTIONS APPLICABLE TO
      CLASS A COMMON SHARES OF PARTNERS AND
      FORMER PARTNERS BENEFICIALLY OWNED BY
      THEM PRIOR TO ACCENTURE S INITIAL PUBLIC
      OFFERING.
3     Ratify Auditors                           For       For        Management


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

ACCOR

Ticker:                      Security ID:  FR0000120404
Meeting Date: MAY 3, 2005    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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.30 per Share                     Vote
5     Reelect Renau d'Elissagaray as            For       Did Not    Management
      Supervisory Board Member                            Vote
6     Reelect Franck Riboud as Supervisory      For       Did Not    Management
      Board Member                                        Vote
7     Elect Paul Dubrule as Supervisory Board   For       Did Not    Management
      Member                                              Vote
8     Elect Thomas J. Barrack as Supervisory    For       Did Not    Management
      Board Member                                        Vote
9     Elect Sebastien Bazin as Supervisory      For       Did Not    Management
      Board Member                                        Vote
10    Elect Dominique Marcel as Supervisory     For       Did Not    Management
      Board Member                                        Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 305,000                     Vote
12    Authorize Repurchase of Up to 19 Million  For       Did Not    Management
      Shares                                              Vote
13    Authorize Issuance of 116,279 Convertible For       Did Not    Management
      Bonds to ColLife SARL                               Vote
14    Authorize Issuance of 128,205 Convertible For       Did Not    Management
      Bonds to ColLife SARL                               Vote
15    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
16    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
17    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 100 Million
18    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Acquisitions
19    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Items 16 and 17
20    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 200 Million for Bonus Issue or            Vote
      Increase in Par Value
21    Set Global Limit for Capital Increase to  For       Did Not    Management
      Result from All Issuance Requests at EUR            Vote
      300 Million
22    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
23    Authorize Up to Eight Percent of Issued   For       Did Not    Management
      Capital for Restricted Stock Plan                   Vote
24    Amend Articles of Association to Reflect  For       Did Not    Management
      Recent Legal Changes                                Vote
25    Amend Articles to Reduce Board Terms From For       Did Not    Management
      Six to Four Years                                   Vote
26    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

ADIDAS-SALOMON AG

Ticker:       ADDDY          Security ID:  DE0005003404
Meeting Date: MAY 4, 2005    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 1.30 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Approve Creation of EUR 41 Million Pool   For       Did Not    Management
      of Conditional Capital with Preemptive              Vote
      Rights
6     Approve Creation of EUR 4 Million Pool of For       Did Not    Management
      Conditional Capital without Preemptive              Vote
      Rights
7     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
8     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft as Auditors for               Vote
      Fiscal Year 2005


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

AEON CREDIT SERVICE LTD.

Ticker:                      Security ID:  JP3131400008
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  FEB 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 40, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       For        Management


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

AJINOMOTO CO. INC.

Ticker:       AJINY          Security ID:  JP3119600009
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 6,
      Final JY 7, 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
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management


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

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  GRS015013006
Meeting Date: APR 19, 2005   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 Auditors   For       Did Not    Management
                                                          Vote
3     Approve Principal and Substitute Auditors For       Did Not    Management
      for 2005 and Authorize Board to Fix Their           Vote
      Remuneration
4     Ratify Election of a Director in          For       Did Not    Management
      Replacement of Resigned Board Member                Vote
5     Elect Directors; Designate Independence   For       Did Not    Management
      of Members                                          Vote
6     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
7     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
8     Authorize Capitalization of Reserves for  For       Did Not    Management
      Bonus Issue; Amend Article Accordingly              Vote
9     Approve Stock Option Plan                 For       Did Not    Management
                                                          Vote
10    Authorize Board and Managers of the       For       Did Not    Management
      Company to Participate in Boards and                Vote
      Management of Similar Companies


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

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  GRS015013006
Meeting Date: MAR 1, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Draft Merger Agreement and Deed   For       Did Not    Management
      Contract For the Merger of the Company              Vote
      With 'Delta Singular S.A.' by Absorption
      of the Latter; Grant Authorization to
      Board to Sign Notary Papers Regarding the
      Merger
2     Authorize Increase in Capital Due to      For       Did Not    Management
      Merger; Amend Article 5 Accordingly                 Vote
3     Approve Actions, Statements and           For       Did Not    Management
      Announcements of the Board, Their                   Vote
      Substitutes and Proxies As They Relate to
      the Merger


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

ALPHA BANK (FORMERLY ALPHA CREDIT BANK )

Ticker:                      Security ID:  GRS015013006
Meeting Date: MAY 24, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan for Directors   For       Did Not    Management
      and Employees of the Company and Company            Vote
      Subsidiaries


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

AMDOCS LIMITED

Ticker:       DOX            Security ID:  G02602103
Meeting Date: JAN 20, 2005   Meeting Type: Annual
Record Date:  NOV 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bruce K. Anderson         For       For        Management
1.2   Elect  Director Adrian Gardner            For       For        Management
1.3   Elect  Director Dov Baharav               For       For        Management
1.4   Elect  Director Julian A. Brodsky         For       For        Management
1.5   Elect  Director Charles E. Foster         For       For        Management
1.6   Elect  Director Eli Gelman                For       For        Management
1.7   Elect  Director James S. Kahan            For       For        Management
1.8   Elect  Director Nehemia Lemelbaum         For       For        Management
1.9   Elect  Director John T. Mclennan          For       For        Management
1.10  Elect  Director Robert A. Minicucci       For       For        Management
1.11  Elect  Director Simon Olswang             For       For        Management
1.12  Elect  Director Mario Segal               For       For        Management
2     APPROVAL OF CONSOLIDATED FINANCIAL        For       For        Management
      STATEMENTS FOR FISCAL YEAR 2004.
3     RATIFICATION AND APPROVAL OF ERNST &      For       For        Management
      YOUNG LLP AND AUTHORIZATION OF AUDIT
      COMMITTEE OF BOARD TO FIX REMUNERATION.


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

ANGLO IRISH BANK CORPORATION PLC

Ticker:                      Security ID:  IE0001987894
Meeting Date: JAN 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3a    Reelect Michael Jacob as Director         For       For        Management
3b    Reelect William McAteer as Director       For       For        Management
3c    Reelect Ned Sullivan as Director          For       For        Management
3d    Reelect Lar Bradshaw as Director          For       For        Management
3e    Reelect Thomas Browne as Director         For       For        Management
3f    Reelect David Drumm as Director           For       For        Management
3g    Reelect Gary McGann as Director           For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors


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

ANGLO IRISH BANK CORPORATION PLC

Ticker:                      Security ID:  IE0001987894
Meeting Date: JAN 28, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Split                       For       For        Management
2     Approve Increase in Authorized Capital to For       For        Management
      Faciliate Creation of Non-Cumulative
      Preference Shares
3     Authorize Share Repurchase Program        For       For        Management
4     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights
5     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
6     Amend Articles Re: Electronic             For       For        Management
      Communications; Director/Officer
      Liability Insurance


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

ARCELOR S.A.

Ticker:                      Security ID:  LU0140205948
Meeting Date: APR 29, 2005   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               For       Did Not    Management
                                                          Vote
3     Accept Consolidated Financial Statements  For       Did Not    Management
                                                          Vote
4     Approve Allocation of Income, Directors'  For       Did Not    Management
      Fees, and Dividend                                  Vote
5     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
6     Elect Directors                           For       Did Not    Management
                                                          Vote
7     Authorize Repurchase of Company's Shares  For       Did Not    Management
                                                          Vote


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

ASTELLAS PHARMA INC. (FRMLY. YAMANOUCHI PHARMACEUTICAL CO. LTD.)

Ticker:                      Security ID:  JP3942400007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 16, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
3     Approve Retirement Bonuses for Directors  For       For        Management
      and Statutory Auditors, and Special
      Payments to Continuing Directors and
      Statutory Auditor in Connection with
      Abolition of Retirement Bonus System
4     Approve Deep Discount Stock Option Plan   For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors


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

ASTRAZENECA PLC (FORMERLY ZENECA PLC)

Ticker:       ZEN            Security ID:  GB0009895292
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Confirm First Interim Dividend of USD     For       For        Management
      0.295 Per Share and Confirm as Final
      Dividend the Second Interim Dividend of
      USD 0.645 Per Share
3     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
4     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
5a    Re-elect Louis Schweitzer as Director     For       For        Management
5b    Re-elect Hakan Mogren as Director         For       For        Management
5c    Re-elect Sir Tom McKillop as Director     For       For        Management
5d    Re-elect Jonathan Symonds as Director     For       For        Management
5e    Elect John Patterson as Director          For       For        Management
5f    Elect David Brennan as Director           For       For        Management
5g    Re-elect Sir Peter Bonfield as Director   For       For        Management
5h    Re-elect John Buchanan as Director        For       For        Management
5i    Re-elect Jane Henney as Director          For       For        Management
5j    Re-elect Michele Hooper as Director       For       For        Management
5k    Re-elect Joe Jimenez as Director          For       For        Management
5l    Re-elect Erna Moller as Director          For       For        Management
5m    Re-elect Dame Bridget Ogilvie as Director For       For        Management
5n    Re-elect Marcus Wallenberg as Director    For       Against    Management
6     Approve Remuneration Report               For       For        Management
7     Approve AstraZeneca Performance Share     For       For        Management
      Plan
8     Approve EU Political Donations and EU     For       Against    Management
      Political Expenditure up to USD 150,000
9     Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 136,488,521
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 20,473,278
11    Authorise up to Ten Percent of the Issued For       For        Management
      Share Capital for Market Purchase


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

AUTOLIV INC.

Ticker:       ALV            Security ID:  SE0000382335
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  MAR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Sune Carlsson             For       Against    Management
1.2   Elect  Director S. Jay Stewart            For       Against    Management
2     Ratify Auditors                           For       For        Management


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

AXA (FORMERLY AXA-UAP)

Ticker:       AXA            Security ID:  FR0000120628
Meeting Date: APR 20, 2005   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 0.61 per Share                     Vote
4     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Account to                  Vote
      Ordinary Reserve
5     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
6     Confirm Resignation and Non-Reelection of For       Did Not    Management
      Thierry Breton as Supervisory Board                 Vote
      Member
7     Reelect Anthony Hamilton as Supervisory   For       Did Not    Management
      Board Member                                        Vote
8     Reelect Henri Lachmann as Supervisory     For       Did Not    Management
      Board Member                                        Vote
9     Reelect Michel Pebereau as Supervisory    For       Did Not    Management
      Board Member                                        Vote
10    Ratify Appointment of Leo Apotheker as    For       Did Not    Management
      Supervisory Board Member                            Vote
11    Elect Jacques de Chateauvieux as          For       Did Not    Management
      Supervisory Board Member                            Vote
12    Elect Dominique Reiniche as Supervisory   For       Did Not    Management
      Board Member                                        Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 1 Million                   Vote
14    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 1 Billion for Bonus Issue or              Vote
      Increase in Par Value
16    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 1.5 Billion
17    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1 Billion
18    Authorize Management Board to Set Issue   For       Did Not    Management
      Price for Ten Percent of Issued Capital             Vote
      Pursuant to Issue Authority without
      Preemptive Rights
19    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Submitted to Shareholder Vote Above
20    Authorize Capital Increase of Up to EUR 1 For       Did Not    Management
      Billion for Future Exchange Offers                  Vote
21    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Exchange Offers
22    Authorize Issuance of Equity Upon         For       Did Not    Management
      Conversion of a Subsidiary's                        Vote
      Equity-Linked Securities
23    Approve Issuance of Securities            For       Did Not    Management
      Convertible into Debt                               Vote
24    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
25    Authorize Up to 0.5 Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
26    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
27    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
28    Amend Articles of Association Re:         For       Did Not    Management
      Definition of Related-Party Transactions            Vote
29    Amend Articles Re: Stock Option and       For       Did Not    Management
      Restricted Stock Plans                              Vote
30    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

BANCO POPULAR ESPANOL

Ticker:                      Security ID:  ES0113790234
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements, Allocation  For       Did Not    Management
      of Income, and Discharge Directors for              Vote
      Fiscal Year 2004
2     Elect Director                            For       Did Not    Management
                                                          Vote
3     Approve Auditors                          For       Did Not    Management
                                                          Vote
4     Amend Articles 15 of the Bylaws           For       Did Not    Management
                                                          Vote
5     Approve Reduction of Par Value from EUR   For       Did Not    Management
      0.50 to EUR 0.10 and Consequent Increase            Vote
      in Number of Shares
6     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
7     Approve Increase in Capital Via Increase  For       Did Not    Management
      of Par Value and/or Issuance of Equity or           Vote
      Equity-Linked Securities without
      Preemptive Rights
8     Authorize Issuance of Non-convertible     For       Did Not    Management
      Bonds/Debentures                                    Vote
9     Authorize Issuance of Convertible Bonds   For       Did Not    Management
      without Preemptive Rights                           Vote
10    Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions                                Vote


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

BANK OF YOKOHAMA LTD.

Ticker:                      Security ID:  JP3955400001
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7, Special JY 1.5
2     Amend Articles to: Set Maximum Board Size For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Directors  For       For        Management
6     Approve Executive Stock Option Plan       For       For        Management


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

BASF AG

Ticker:                      Security ID:  DE0005151005
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports for Fiscal Year 2004              Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.70 per Share                     Vote
3     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
4     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
5     Ratify Deloitte & Touche GmbH as Auditors For       Did Not    Management
      for Fiscal Year 2005                                Vote
6     Authorize Repurchase of up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
7     Authorize Use of Financial Derivatives    For       Did Not    Management
      when Repurchasing Shares                            Vote
8     Amend Articles Re: Calling of and         For       Did Not    Management
      Registration for Shareholder Meetings due           Vote
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)


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

BG GROUP PLC (FRM. BG PLC)

Ticker:                      Security ID:  GB0008762899
Meeting Date: MAY 4, 2005    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 2.08 Pence Per  For       For        Management
      Ordinary Share
4     Elect Baroness Hogg as Director           For       For        Management
5     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
6     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
7     Approve EU Political Donations up to GBP  For       Against    Management
      25,000 and EU Political Expenditure up to
      GBP 25,000
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP  123,368,432
9     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 1,000,000
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 17,692,165
11    Authorise 353,843,302 Ordinary Shares for For       For        Management
      Market Purchase
12    Amend Articles of Association Re:         For       For        Management
      Indemnities and Defence Funding
13    Amend Articles of Association Re:         For       For        Management
      Treasury Shares and CREST


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

BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BP.            Security ID:  GB0007980591
Meeting Date: APR 14, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Re-elect David Allen as Director          For       For        Management
2     Re-elect Lord Browne of Madingley as      For       For        Management
      Director
3     Re-elect John Bryan as Director           For       For        Management
4     Re-elect Antony Burgmans as Director      For       For        Management
5     Elect Iain Conn as Director               For       For        Management
6     Re-elect Erroll Davis, Jr. as Director    For       For        Management
7     Elect Douglas Flint as Director           For       For        Management
8     Re-elect Byron Grote as Director          For       For        Management
9     Re-elect Tony Hayward as Director         For       For        Management
10    Re-elect DeAnne Julius as Director        For       For        Management
11    Elect Sir Tom McKillop as Director        For       For        Management
12    Re-elect John Manzoni as Director         For       For        Management
13    Re-elect Walter Massey as Director        For       For        Management
14    Re-elect Michael Miles as Director        For       For        Management
15    Re-elect Sir Ian Prosser as Director      For       For        Management
16    Re-elect Michael Wilson as Director       For       For        Management
17    Re-elect Peter Sutherland as Director     For       For        Management
18    Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
19    Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,770 Million
20    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 256 Million
21    Authorise 2.1 Billion Ordinary Shares for For       For        Management
      Market Purchase
22    Approve Remuneration Report               For       For        Management
23    Approve Share Incentive Plan              For       For        Management
24    Accept Financial Statements and Statutory For       For        Management
      Reports


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

CHUGAI PHARMACEUTICAL CO. LTD.

Ticker:                      Security ID:  JP3519400000
Meeting Date: MAR 23, 2005   Meeting Type: Annual
Record Date:  DEC 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: Allow Company to Limit For       For        Management
      Legal Liability of Outside Directors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonus for Statutory    For       For        Management
      Auditor


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

CINTRA CONCESIONES DE INFRAESTRUCTURAS DE TRANSPORTE SA

Ticker:                      Security ID:  ES0118900010
Meeting Date: MAR 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Individual Financial Statements    For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 2004
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports for Fiscal Year
      Ended 2004
3     Approve Allocation of Income for Fiscal   For       For        Management
      Year Ended 2004
4     Approve Discharge of Management Board     For       For        Management
      During Fiscal Year 2004
5     Elect Members to the Board of Directors   For       For        Management
6     Approve Stock Option Plan for Executives  For       Against    Management
      and Directors
7     Authorize Share Repurchase Program        For       Against    Management
8     Authorize Board to Approve Resolutions;   For       For        Management
      Authorize Filing of Required Documents


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

CLP HOLDINGS (FORMERLY CHINA LIGHT & POWER)

Ticker:                      Security ID:  HK0002007356
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Approve Final Dividend of HK$0.73 Per     For       For        Management
      Share
2b    Approve Special Final Dividend of HK$0.15 For       For        Management
      Per Share
3a    Reelect Andrew Clifford Winawer Brandler  For       For        Management
      as Director
3b    Reelect Michael David Kadoorie as         For       For        Management
      Director
3c    Reelect Chung Sze Yuen as Director        For       For        Management
3d    Reelect John Andrew Harry Leigh as        For       For        Management
      Director
3e    Reelect Kan Man Lok Paul as Director      For       For        Management
4     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
5     Approve Term of Appointment for           For       For        Management
      Non-Executive Directors
6     Amend Articles Re: Editing Change         For       For        Management
7     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights
8     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
9     Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

COMPAGNIE FINANCIERE RICHEMONT SA

Ticker:                      Security ID:  CH0012731458
Meeting Date: SEP 16, 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 Omission For       Did Not    Management
      of Dividends                                        Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4     Relect Johann Rupert, Jean-Paul           For       Did Not    Management
      Aeschimann, Franco Cologni, Leo                     Vote
      Deschuyteneer, Douro, Yves-Andre Istel,
      Simon Murray, Alain Perrin, Alan Quasha,
      Renwick of Clifton, Juergen Schrempp, and
      Ernst Verloop as Directors; Elect Richard
      Lepeu as Director
5     Ratify PricewaterhouseCoopers as Auditors For       Did Not    Management
                                                          Vote


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

CONTINENTAL  AG

Ticker:       CTTAY          Security ID:  DE0005439004
Meeting Date: MAY 12, 2005   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 0.80 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors for            Vote
      Fiscal 2005
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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

DAIKIN INDUSTRIES LTD.

Ticker:                      Security ID:  JP3481800005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7,
      Final JY 9, Special JY 2
2     Authorize Share Repurchase Program        For       For        Management
3.1   Appoint Internal Statutory Auditor        For       Against    Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Executive Stock Option Plan       For       For        Management


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

DENSO CORP.

Ticker:                      Security ID:  JP3551500006
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 13,             Vote
      Final JY 19, Special JY 0
2     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
3     Amend Articles to: Authorize Public       For       Did Not    Management
      Announcements in Electronic Format                  Vote
4.1   Elect Director                            For       Did Not    Management
                                                          Vote
4.2   Elect Director                            For       Did Not    Management
                                                          Vote
4.3   Elect Director                            For       Did Not    Management
                                                          Vote
4.4   Elect Director                            For       Did Not    Management
                                                          Vote
4.5   Elect Director                            For       Did Not    Management
                                                          Vote
4.6   Elect Director                            For       Did Not    Management
                                                          Vote
4.7   Elect Director                            For       Did Not    Management
                                                          Vote
4.8   Elect Director                            For       Did Not    Management
                                                          Vote
4.9   Elect Director                            For       Did Not    Management
                                                          Vote
4.10  Elect Director                            For       Did Not    Management
                                                          Vote
4.11  Elect Director                            For       Did Not    Management
                                                          Vote
4.12  Elect Director                            For       Did Not    Management
                                                          Vote
4.13  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 Executive Stock Option Plan       For       Did Not    Management
                                                          Vote
7     Approve Retirement Bonuses for Directors  For       Did Not    Management
      and Statutory Auditor                               Vote


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

DEUTSCHE TELEKOM AG

Ticker:       DT             Security ID:  DE0005557508
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports for Fiscal Year 2004              Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.62 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Ratify PwC Deutsche Revision AG as        For       Did Not    Management
      Auditors for Fiscal Year 2005                       Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Elect Volker Halsch to the Supervisory    For       Did Not    Management
      Board                                               Vote
8     Elect Wolfgang Reitzle to the Supervisory For       Did Not    Management
      Board                                               Vote
9     Authorize Issuance of Convertible Bonds   For       Did Not    Management
      without Preemptive Rights up to Sum of              Vote
      EUR 5 Billion; Approve Creation of EUR
      600 Million Pool of Conditional Capital
      without Preemptive Rights to Guarantee
      Conversion Rights
10    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (MagyarCom Holding GmbH)                 Vote
11    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DeTeFleetServices GmbH)                 Vote
12    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DFMG Holding GmbH)                      Vote
13    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DeTe Immobilien, Deutsche               Vote
      Telekom Immobilien und Service GmbH)
14    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DeTeAssukuranz-Deutsche                 Vote
      Telekom
      Assekuranz-Vermittlungsgesellschaft mbH)
15    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (T-Punkt Vertriebsgesellschaft           Vote
      mbH)
16    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (Deutsche Telekom Training               Vote
      GmbH)
17    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (T-Systems International GmbH)           Vote
18    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (DeTeMedien, Deutsche Telekom            Vote
      Medien GmbH)
19    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (Carmen                                  Vote
      Telekommunikationsdienste GmbH)
20    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (Norma                                   Vote
      Telekommunikationsdienste GmbH)
21    Approve Affiliation Agreement with        For       Did Not    Management
      Subsidiary (Traviata                                Vote
      Telekommunikationsdienste GmbH)
22    Approve Profit and Loss Transfer          For       Did Not    Management
      Agreement with Subsidiary (MagyarCom                Vote
      Holding GmbH)
23    Amend Articles Re: Time Designation at    For       Did Not    Management
      Shareholder Meetings due to Proposed                Vote
      Changes in German Law (Company Integrity
      and Modernization of Shareholder Lawsuits
      Regulation)


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

DNB NOR ASA(FRMLY DNB HOLDING ASA (FORMERLY DEN NORSKE BANK  AS))

Ticker:                      Security ID:  NO0010031479
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Relect Andersen, Froestrup, Johannson,    For       For        Management
      Larre, Leroey, Mohn, Roarsen, and
      Schilbred as Members of Supervisory
      Board; Elect Graendsen and Toemeraas as
      New Members of Supervisory Board; Elect
      20 Deputy Members of Supervisory Board
2     Elect Helge Andresen, Frode Hassel,       For       For        Management
      Kristin Normann, and Thorstein Oeverland
      as Members of Control Committee; Elect
      Svein Brustad and Anita Roarsen as Deputy
      Members of Control Committee
3     Elect Per Moeller and Benedicte Schilbred For       For        Management
      as Members of Nominating Committee
4     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income and Dividends of NOK 2.55 Per
      Share
5     Approve Remuneration of Auditors in the   For       For        Management
      Amount of NOK 450,000 for 2004
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Amend Articles Re: Editorial Changes;     For       For        Management
      Establish Term of Board of Directors (One
      Year)
8     Establish Work Description for Nominating For       For        Management
      Committee
9     Receive Company Report on Corporate       None      None       Management
      Governance


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

E.ON AG (FORMERLY VEBA AG)

Ticker:                      Security ID:  DE0007614406
Meeting Date: APR 27, 2005   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 2.35 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Approve Creation of EUR 540 Million Pool  For       Did Not    Management
      of Conditional Capital with Preemptive              Vote
      Rights
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                                        Vote
8     Amend Articles Re: Changes to the         For       Did Not    Management
      Remuneration of the Supervisory Board               Vote
      Members
9     Amend Articles Re: Calling of and         For       Did Not    Management
      Registration for Shareholder Meetings due           Vote
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)
10    Ratify PwC Deutsche Revision AG as        For       Did Not    Management
      Auditors                                            Vote


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

EAST JAPAN RAILWAY CO

Ticker:                      Security ID:  JP3783600004
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 3000,
      Final JY 3500, Special JY 0
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       Against    Management


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

EISAI CO. LTD.

Ticker:       ESALY          Security ID:  JP3160400002
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 700 Million to 1.1 Billion
      Shares - Clarify Director Authorities -
      Authorize Public Announcements in
      Electronic Format - Introduce Statement
      of Corporate Philosophy
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       Against    Management


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

ENCANA CORP[FORMERLY PANCANADIAN ENERGY CORP

Ticker:       ECA.           Security ID:  CA2925051047
Meeting Date: APR 27, 2005   Meeting Type: Annual/Special
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael N. Chernoff        For       For        Management
1.2   Elect Director Ralph S. Cunningham        For       For        Management
1.3   Elect Director Patrick D. Daniel          For       For        Management
1.4   Elect Director Ian W. Delaney             For       For        Management
1.5   Elect Director William R. Fatt            For       For        Management
1.6   Elect Director Michael A. Grandin         For       For        Management
1.7   Elect Director Barry W. Harrison          For       For        Management
1.8   Elect Director Dale A. Lucas              For       For        Management
1.9   Elect Director Ken F. McCready            For       For        Management
1.10  Elect Director Gwyn Morgan                For       For        Management
1.11  Elect Director Valerie A.A. Nielsen       For       For        Management
1.12  Elect Director David P. O'Brien           For       For        Management
1.13  Elect Director Jane L. Peverett           For       For        Management
1.14  Elect Director Dennis A. Sharp            For       For        Management
1.15  Elect Director James M. Stanford          For       For        Management
2     Approve Auditors and Authorize Board to   For       For        Management
      Fix Remuneration of Auditors
3     Amend Employee Stock Option Plan          For       Against    Management
4     Approve 2:1 Stock Split                   For       For        Management


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

ENI SPA

Ticker:       E              Security ID:  IT0003132476
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  MAY 24, 2005

#     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     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares To Service Stock Option Plan in              Vote
      Favor of Group Management
5     Fix Number of Directors                   For       Did Not    Management
                                                          Vote
6     Set Directors' Term of Office             For       Did Not    Management
                                                          Vote
7.1   Elect Directors - Slate 1 Submitted by    None      Did Not    Management
      the Ministry of Economy and Finance                 Vote
7.2   Elect Directors - Slate 2 Submitted by a  None      Did Not    Management
      Group of Institutional Investors                    Vote
      (Minority Slate)
8     Elect Chairman of the board of Directors  For       Did Not    Management
                                                          Vote
9     Approve Remuneration of Chairman of the   For       Did Not    Management
      Board and of Directors                              Vote
10.1  Elect Internal Statutory Auditors - Slate None      Did Not    Management
      1 Submitted by the Ministry of Economy              Vote
      and Finance
10.2  Elect Internal Statutory Auditors - Slate None      Did Not    Management
      1 Submitted by a Group of Institutional             Vote
      Investors (Minority Slate)
11    Appoint Chairman of the Internal          For       Did Not    Management
      Statutory Auditors' Board                           Vote
12    Approve Remuneration of Chairman of       For       Did Not    Management
      Internal Statutory Auditors' Board and of           Vote
      Primary Internal Statutory Auditors


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

ERICSSON (TELEFONAKTIEBOLAGET L M ERICSSON)

Ticker:       ERIAF          Security ID:  SE0000108656
Meeting Date: AUG 31, 2004   Meeting Type: Special
Record Date:  AUG 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
6     Approve Increase in Voting Rights Per     For       Did Not    Management
      Class B Share From 1/1000 to 1/10 of a              Vote
      Vote; Approve Issuance of Conversion
      Rights to Class A Shareholders (Each
      Conversion Right Entitles Holder to
      Convert One Class B Share into One Class
      A Share)
7     Shareholder Proposal: Provide All Shares  Against   Did Not    Shareholder
      with Equal Voting Rights with                       Vote
      Compensation to Class A Shareholders in
      the Form of Class B Shares
8     Close Meeting                             None      Did Not    Management
                                                          Vote


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

ERSTE BANK DER OESTER SPARK

Ticker:                      Security ID:  AT0000652011
Meeting Date: MAY 11, 2005   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              For       Did Not    Management
                                                          Vote
3a    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
3b    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital for Trading Purposes                        Vote
8     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
9     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
10    Adopt New Articles of Association         For       Did Not    Management
                                                          Vote


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

ESPRIT HOLDINGS

Ticker:                      Security ID:  BMG3122U1291
Meeting Date: DEC 3, 2004    Meeting Type: Annual
Record Date:  NOV 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for the Year Ended June 30, 2004
2     Approve Final Dividend of HK$0.48 Per     For       For        Management
      Share for the Year Ended June 30, 2004
3     Approve Special Dividend of HK$0.50 Per   For       For        Management
      Share for the Year Ended June 30, 2004
4a    Reelect John Poon Cho Ming as Director    For       For        Management
4b    Reelect Alexander Reid Hamilton as        For       For        Management
      Director
4c    Reelect Simon Lai Sau Cheong as Director  For       For        Management
4d    Reelect Jerome Squire Griffith as         For       For        Management
      Director
5     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to 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
9     Amend Bylaws of the Company               For       For        Management


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

ESSILOR INTERNATIONAL

Ticker:                      Security ID:  FR0000121667
Meeting Date: MAY 13, 2005   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 Discharge Directors                             Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.76 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Philippe Alfroid as Director      For       Did Not    Management
                                                          Vote
6     Reelect Alain Aspect as Director          For       Did Not    Management
                                                          Vote
7     Reelect Jean-Pierre Martin as Director    For       Did Not    Management
                                                          Vote
8     Reelect Bertrand Roy as Director          For       Did Not    Management
                                                          Vote
9     Elect Dominique Reiniche as Director      For       Did Not    Management
                                                          Vote
10    Elect Michel Rose as Director             For       Did Not    Management
                                                          Vote
11    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 225,000                     Vote
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         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    Approve of Up to One Percent of Issued    For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
17    Set Global Limit for Stock Option and     For       Did Not    Management
      Restricted Plan at Three Percent of                 Vote
      Issued Capital
18    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 25 Million
19    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 7 Million
20    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Items 18 and 19
21    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 300 Million for Bonus Issue or            Vote
      Increase in Par Value
22    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
23    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

FAST RETAILING

Ticker:                      Security ID:  JP3802300008
Meeting Date: NOV 25, 2004   Meeting Type: Annual
Record Date:  AUG 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 50,
      Final JY 65, 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
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


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

FRESENIUS MEDICAL CARE AG

Ticker:       FMSPR          Security ID:  DE0005785802
Meeting Date: MAY 24, 2005   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 1.12 per Common Share              Vote
      and EUR 1.18 per Preference Share
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors for            Vote
      Fiscal 2005
6     Elect John Kringel to the Supervisory     For       Did Not    Management
      Board                                               Vote
7     Amend Articles Re: Supervisory Board      For       Did Not    Management
      Remuneration                                        Vote
8     Approve Creation of EUR 30.7 Million Pool For       Did Not    Management
      of Conditional Capital; Authorize                   Vote
      Management Board to Decide Whether to
      Exclude Preemptive Rights of Shareholders


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

FUJI PHOTO FILM CO. LTD.

Ticker:       FUJIY          Security ID:  JP3814000000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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
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 Retirement Bonuses for Directors  For       For        Management
4     Approve Retirement Bonus for Statutory    For       Against    Management
      Auditor


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

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GSK            Security ID:  GB0009252882
Meeting Date: MAY 25, 2005   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 Sir Christopher Gent as Director    For       For        Management
4     Elect Sir Deryck Maughan as Director      For       For        Management
5     Elect Julian Heslop as Director           For       For        Management
6     Re-elect Jean-Pierre Garnier as Director  For       For        Management
7     Re-elect Sir Ian Prosser as Director      For       For        Management
8     Re-elect Ronaldo Schmitz as Director      For       For        Management
9     Re-elect Lucy Shapiro as Director         For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
11    Authorise the Audit Committee to Fix      For       For        Management
      Remuneration of the Auditors
12    Approve EU Political Donations up to GBP  For       Against    Management
      50,000 and Incur EU Political Expenditure
      up to GBP 50,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 73,301,955
14    Authorise 586,415,642 Ordinary Shares for For       For        Management
      Market Purchase
15    Amend Articles of Association Re:         For       For        Management
      Shareholder Resolutions
16    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
17    Amend Articles of Association Re:         For       For        Management
      Participation of a Proxy in a Meeting


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

GROUPE DANONE

Ticker:       DA             Security ID:  FR0000120644
Meeting Date: APR 22, 2005   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 1.35 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Bruno Bonnell as Director         For       Did Not    Management
                                                          Vote
6     Reelect Michel David-Weill as Director    For       Did Not    Management
                                                          Vote
7     Reelect Jacques Nahmias as Director       For       Did Not    Management
                                                          Vote
8     Reelect Jacques Vincent as Director       For       Did Not    Management
                                                          Vote
9     Reelect Hirokatsu Hirano as Director      For       Did Not    Management
                                                          Vote
10    Reelect Jean Laurent as Director          For       Did Not    Management
                                                          Vote
11    Elect Bernard Hours as Director           For       Did Not    Management
                                                          Vote
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Authorize Issuance of Bonds/Debentures in For       Did Not    Management
      the Aggregate Value of EUR 2 Billion                Vote
14    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 45 Million
15    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 33 Million
16    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Items 14 and 15
17    Authorize Capital Increase of Up to EUR   For       Did Not    Management
      33 Million for Future Exchange Offers               Vote
18    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Exchange Offers
19    Authorize Issuance of Securities          For       Did Not    Management
      Convertible Into Debt                               Vote
20    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 33 Million for Bonus Issue or             Vote
      Increase in Par Value
21    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
22    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
23    Authorize Issuance of Up to 0.4 Percent   For       Did Not    Management
      of Issued Capital For Restricted Stock              Vote
      Plan
24    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
25    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

GRUPO FERROVIAL S.A

Ticker:                      Security ID:  ES0162601019
Meeting Date: MAR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report Re: Amendments to Board    None      None       Management
      Guidelines
2     Accept Individual Financial Statements    For       For        Management
      and Statutory Reports for Fiscal Year
      Ended December 31, 2004
3     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports for Fiscal Year
      Ended December 31, 2004
4     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 0.82 Per Share
5     Approve Discharge of Board of Directors   For       For        Management
6     Reelect Members to the Board of Directors For       For        Management
7     Approve Stock Option Plan for Members of  For       Against    Management
      the Executive Officer Including Executive
      Members on the Management Board
8     Authorize Share Repurchase and Subsequent For       Against    Management
      Allocation of Repurchased Shares to
      Service Stock Option Plan
9     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

HONDA MOTOR CO. LTD.

Ticker:       HMC            Security ID:  JP3854600008
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 28,
      Final JY 37, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size - Decrease Authorized Capital to
      Reflect Share Repurchase
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     Appoint Internal Statutory Auditor        For       For        Management
5     Appoint External Auditors                 For       For        Management
6     Approve Reduction in Aggregate            For       For        Management
      Compensation Ceiling for Directors
7     Approve Payment of Annual Bonuses to      For       For        Management
      Directors and Statutory Auditors
8     Approve Retirement Bonuses for Directors  For       For        Management


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

HOYA CORP.

Ticker:                      Security ID:  JP3837800006
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase and
      Cancellation
2.1   Elect Director                            For       For        Management
2.2   Elect Director                            For       For        Management
2.3   Elect Director                            For       For        Management
2.4   Elect Director                            For       For        Management
2.5   Elect Director                            For       For        Management
2.6   Elect Director                            For       For        Management
2.7   Elect Director                            For       For        Management
2.8   Elect Director                            For       For        Management
3     Approve Executive Stock Option Plan       For       For        Management
4     Appoint External Audit Firm               For       For        Management


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

HSBC HOLDINGS PLC

Ticker:                      Security ID:  GB0005405286
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2.a   Re-elect Sir John Bond as Director        For       For        Management
2.b   Re-elect R Ch'ien as Director             For       For        Management
2.c   Re-elect J Coombe as Director             For       For        Management
2.d   Re-elect Baroness Dunn as Director        For       For        Management
2.e   Re-elect D Flint as Director              For       For        Management
2.f   Re-elect J Hughes-Hallet as Director      For       For        Management
2.g   Re-elect Sir Brian Moffat as Director     For       For        Management
2.h   Re-elect S Newton as Director             For       For        Management
2.i   Re-elect H Sohmen as Director             For       For        Management
3     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
4     Approve Remuneration Report               For       For        Management
5     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 100,000 (Preference Shares); USD
      100,000 (Preference Shares); EUR 100,000
      (Preference Shares); and USD
      1,119,000,000 (Oridnary Shares)
6     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 279,750,000
7     Authorise 1,119,000,000 Ordinary Shares   For       For        Management
      for Market Purchase
8     Amend HSBC Holdings Savings-Related Share For       For        Management
      Option Plan
9     Amend HSBC Holdings Savings-Related Share For       For        Management
      Option Plan: International
10    Approve the HSBC US Employee Stock Plan   For       For        Management
11    Approve the HSBC Share Plan               For       For        Management
12    Amend Articles of Association Re:         For       For        Management
      Statutory and Best Practice Changes


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

HUANENG POWER INTERNATIONAL INC.

Ticker:       HNP            Security ID:  CN0009115410
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  AUG 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1a    Approve Overseas Issuance of Bonds in the For       Against    Management
      Principal Amount of Up to $300 Million
      Convertible to Overseas Listed Foreign
      Shares within Twelve Months from Approval
1b    Authorize Board to Determine the Terms    For       Against    Management
      and Conditions of the Convertible Bonds
      and Relevant Matters Including the Amount
      of Convertible Bonds and Authorize the
      Board to Sign All Necessary Legal
      Documents for Such Purpose
1c    Approve Issuance of Such Number of New    For       Against    Management
      Overseas Listed Foreign Shares as may be
      Required to be Issued Pursuant to the
      Application for Conversion of Shares Made
      by Bond Holders
1d    Approve Increase in Registered Capital    For       Against    Management


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

HUANENG POWER INTERNATIONAL INC.

Ticker:       HNP            Security ID:  CN0009115410
Meeting Date: SEP 28, 2004   Meeting Type: Special
Record Date:  AUG 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Capital Structure,     For       For        Management
      Composition of the Board and Supervisory
      Committee, Responsibilities of the Board
2a    Elect Huang Yongda as Director            For       For        Management
2b    Elect Liu Shuyuan as Director             For       For        Management
2c    Elect Liu Jipeng as Director              For       For        Management
3a    Approve Overseas Issuance of Bonds in the For       Against    Management
      Principal Amount of Up to $300 Million
      Convertible to Overseas Listed Foreign
      Shares within Twelve Months from Approval
3b    Authorize Board to Determine the Terms    For       Against    Management
      and Conditions of the Convertible Bonds
      and Relevant Matters Including the Amount
      of Convertible Bonds and Authorize the
      Board to Sign All Necessary Legal
      Documents for Such Purpose
3c    Approve Issuance of Such Number of New    For       Against    Management
      Overseas Listed Foreign Shares as may be
      Required to be Issued Pursuant to the
      Application for Conversion of Shares Made
      by Bond Holders
3d    Approve Increase in Registered Capital    For       Against    Management


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

HYUNDAI MOTOR CO.

Ticker:       HYMPY          Security ID:  KR7005380001
Meeting Date: MAR 4, 2005    Meeting Type: Annual
Record Date:  DEC 31, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1150 Per Ordinary Share
2     Elect Directors                           For       For        Management
3     Elect Member of Audit Committee           For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Amend Articles of Incorporation Re:       For       For        Management
      Additional Business Objectives


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

ING GROEP NV

Ticker:       ING            Security ID:  NL0000303600
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  APR 19, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2a    Receive Reports of Executive and          None      None       Management
      Supervisory Boards
2b    Discussion on Profit Retention and        None      None       Management
      Distribution Policy
3a    Approve Financial Statements and          For       For        Management
      Statutory Reports
3b    Approve Allocation of Income and Total    For       For        Management
      Dividends of EUR 1.07 Per Share
4a    Approve Discharge of Executive Board      For       For        Management
4b    Approve Discharge of Supervisory Board    For       For        Management
5a    Discuss and Approve Implementation of     For       For        Management
      Dutch Corporate Governance Code by
      Company
5b    Discuss Executive Board Profile           None      None       Management
5c    Discuss Supervisory Board Profile         None      None       Management
6a    Reelect Luella Gross Goldberg to          For       For        Management
      Supervisory Board
6b    Reelect Godfried van der Lugt to          For       For        Management
      Supervisory Board
6c    Elect Jan Hommen to Supervisory Board     For       For        Management
6d    Elect Christine Lagarde to Supervisory    For       For        Management
      Board
7     Approve Stock Option and Incentive Stock  For       For        Management
      Grants for Members of Executive Board
8a    Grant Board Authority to Issue 220        For       For        Management
      Million Ordinary Shares
      Restricting/Excluding Preemptive Rights
      (Plus 220 Million Ordinary Shares in
      Connection with Merger)
8b    Grant Board Authority to Issue 10 Million For       For        Management
      Preference B Shares in Connection with
      Conversion of ING Perpetuals III
9     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
10    Other Business (Non-Voting)               None      None       Management


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

KAO CORP.

Ticker:                      Security ID:  JP3205800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 19,
      Final JY 19, Special JY 0
2     Authorize Share Repurchase Program        For       For        Management
3     Amend Articles to: Expand Business Lines  For       For        Management
      - Restore Previous Level of Authorized
      Capital Following Share Repurchase and
      Cancellation
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


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

KBC GROUPE (FRM. KBC BANK AND INSURANCE HOLDING COMPANY)

Ticker:                      Security ID:  BE0003565737
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Discuss Consolidated Financial Statements None      Did Not    Management
      Received by Almanij SA Board                        Vote
2     Discuss Auditor Reports on Almanij SA     None      Did Not    Management
      Consolidated and Non-Consolidated                   Vote
      Financial Statements
3     Accept Almanij SA Consolidated Financial  None      Did Not    Management
      Statements                                          Vote
4     Accept Almanij SA Financial Statements    For       Did Not    Management
                                                          Vote
5     Discuss Consolidated Financial Statements None      Did Not    Management
      Received by KBC Bancassurance Holding SA            Vote
      Board
6     Discuss Auditor Reports on KBC            None      Did Not    Management
      Bancassurance Holding SA Consolidated and           Vote
      Non-Consolidated Financial Statements
7     Receive KBC Bancassurance Holding SA.     None      Did Not    Management
      Consolidated Financial Statements                   Vote
8     Accept KBC Bancassurance Holding SA       For       Did Not    Management
      Financial Statements                                Vote
9     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.84 per Share                     Vote
10    Approve Discharge of Almanaji SA          For       Did Not    Management
      Directors                                           Vote
11    Approve Discharge of KBC Bancassurance    For       Did Not    Management
      Holding SA Directors                                Vote
12    Approve Discharge of Almanaji SA Auditors For       Did Not    Management
                                                          Vote
13    Approve Discharge of KBC Bancassurance    For       Did Not    Management
      Holding SA Auditors                                 Vote
14    Reelect Luc Philips as Director           For       Did Not    Management
                                                          Vote
15    Approve Renumeration of Auditors of EUR   For       Did Not    Management
      60,000                                              Vote
16    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
17    Discuss Corporate Governance              None      Did Not    Management
                                                          Vote
18    Transact Other Business                   None      Did Not    Management
                                                          Vote


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

KBC GROUPE (FRM. KBC BANK AND INSURANCE HOLDING COMPANY)

Ticker:                      Security ID:  BE0003565737
Meeting Date: MAR 2, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements, Annual      None      Did Not    Management
      Reports, and Auditors' Reports For Past             Vote
      Three Fiscal Years for Almanij and KBC
      Bancassurance Holding S.A.; Receive
      Directors' and Auditors' Reports on
      Merger Agreement between Almanij and KBC
      Bancassurance Holding S.A.
2     Receive Communication Concerning          None      Did Not    Management
      Significant Changes to the Situation of             Vote
      the Assets and Liabilities of each
      Merging Company
3     Approve Merger By Absorption of Almanij   For       Did Not    Management
      by KBC Bancassurance Holding S.A.                   Vote
4     Issue 264.4 Million Shares in Connection  For       Did Not    Management
      with Acquisition                                    Vote
5     Authorize Cancellation of Shares          For       Did Not    Management
      Repurchased Pursuant to the Merger                  Vote
6     Amend Articles/Charter to Reflect Changes For       Did Not    Management
      in Capital                                          Vote
7     Change Company Name to KBC Group          For       Did Not    Management
                                                          Vote
8     Allow Board to Use All Outstanding        For       Did Not    Management
      Capital Authorizations in the Event of a            Vote
      Public Tender Offer or Share Exchange
      Offer
9     Amend Articles Re: Composition of         For       Did Not    Management
      Executive Committee, Interest of                    Vote
      Executive Committee Members in
      Transactions, Representation of Executive
      Committee and Board of Directors, and
      Procedure for Shareholder Proposals
10    Approve Changes in Board Re: Confirm      For       Did Not    Management
      Resignations and Approve Election of                Vote
      Directors
11    Authorize the Board to Implement Approved For       Did Not    Management
      Resolutions                                         Vote
12    Authorize Christel Haverans to File       For       Did Not    Management
      Amended Articles of Association                     Vote
13    Authorize Peggy De Bock and Christel      For       Did Not    Management
      Haverans to File Required                           Vote
      Documents/Formalities at Relevant
      Authorities


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

KDDI CORPORATION (FRM. DDI CORP.)

Ticker:                      Security ID:  JP3496400007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 2400,
      Interim Special JY 1000, Final JY 3500
2     Amend Articles to: Reduce Directors' Term For       For        Management
      in Office - Authorize Public
      Announcements in Electronic Format
3     Approve Executive Stock Option Plan       For       Against    Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
4.9   Elect Director                            For       For        Management
4.10  Elect Director                            For       For        Management
4.11  Elect Director                            For       For        Management
5     Appoint Internal Statutory Auditor        For       Against    Management


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

KOMATSU LTD.

Ticker:                      Security ID:  JP3304200003
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 6, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format -
      Reduce Maximum Board Size - 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
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Approve Retirement Bonuses for Directors  For       For        Management


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

LAFARGE

Ticker:       LFGCY          Security ID:  FR0000120537
Meeting Date: MAY 25, 2005   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                                           Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Helene Ploix as Director          For       Did Not    Management
                                                          Vote
6     Reelect Michel Bon as Director            For       Did Not    Management
                                                          Vote
7     Reelect Bertrand Collomb as Director      For       Did Not    Management
                                                          Vote
8     Reelect Juan Gallardo as Director         For       Did Not    Management
                                                          Vote
9     Reelect Alain Joly as Director            For       Did Not    Management
                                                          Vote
10    Elect Jean-Pierre Boisivon as Director    For       Did Not    Management
                                                          Vote
11    Elect Philippe Charrier as Director       For       Did Not    Management
                                                          Vote
12    Elect Oscar Fanjul as Director            For       Did Not    Management
                                                          Vote
13    Elect Bruno Lafont as Director            For       Did Not    Management
                                                          Vote
14    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15    Authorize Issuance of Bonds/Debentures in For       Did Not    Management
      the Aggregate Value of EUR 5 Billion                Vote
16    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
17    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million
18    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 135 Million
19    Authorize Capital Increase of Up to EUR   For       Did Not    Management
      68 Million for Future Acquisitions                  Vote
20    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 100 Million for Bonus Issue or            Vote
      Increase in Par Value
21    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
22    Authorize Up to One Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
23    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
A     Shareholder Proposal: Remove Voting Right Against   Did Not    Shareholder
      Limitation                                          Vote
24    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

LEGAL & GENERAL GROUP PLC

Ticker:                      Security ID:  GB0005603997
Meeting Date: APR 27, 2005   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 3.45 Pence Per  For       For        Management
      Ordinary Share
3     Re-elect Tim Breedon as Director          For       For        Management
4     Re-elect Frances Heaton as Director       For       For        Management
5     Re-elect Rob Margetts as Director         For       For        Management
6     Elect Henry Staunton as Director          For       For        Management
7     Re-elect Sir David Walker as Director     For       For        Management
8     Reappoint PricewaterhouseCoopers 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 Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,132,449
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 8,132,449
13    Authorise 325,297,974 Ordinary Shares for For       For        Management
      Market Purchase
14    Adopt New Articles of Association         For       For        Management


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

MAN GROUP PLC  (FORMERLY ED & F MAN GROUP PLC)

Ticker:                      Security ID:  GB0002944055
Meeting Date: JUL 7, 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 18.6 Pence Per  For       For        Management
      Ordinary Share
4     Elect Jon Aisbitt as Director             For       For        Management
5     Elect Chris Chambers as Director          For       For        Management
6     Elect Jonathan Nicholls as Director       For       For        Management
7     Re-elect Alison Carnwath as Director      For       For        Management
8     Re-elect Harvey McGrath as Director       For       For        Management
9     Re-elect Glen Moreno as Director          For       For        Management
10    Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Scrip Dividend                    For       For        Management
13    Approve Capital Reorganisation Re:        For       For        Management
      Cancellation of Ordinary Share Capital,
      Capital Increase and Redenomination of
      Share Capital into US Dollars
14    Amend Articles of Association Re: The     For       For        Management
      Redenomination of Share Capital
15    Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to 103,434,640 Ordinary Shares
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to 15,515,190
      Ordinary Shares
17    Authorise 31,030,393 Ordinary Shares for  For       For        Management
      Market Purchase
18    Approve Increase in the Aggregate         For       For        Management
      Remuneration of Non-Executive Directors
      from GBP 500,000 to GBP 1,000,000


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

MATSUSHITA ELECTRIC INDUSTRIAL CO. LTD.

Ticker:       MCCM           Security ID:  JP3866800000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 7.5,
      Final JY 7.5, 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
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
3     Approve Special Bonus for Family of       For       Against    Management
      Deceased Director and Retirement Bonuses
      for Directors


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

METRO AG

Ticker:                      Security ID:  DE0007257503
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          For       Did Not    Management
      Statutory Reports; Approve Allocation of            Vote
      Income and Dividends of EUR 1.02 per
      Common Share and EUR 1.12 per Preference
      Share
2     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
3     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
4     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG and Fasselt &              Vote
      Partner as Auditors for Fiscal 2005
5     Elect Theo Siegert to the Supervisory     For       Did Not    Management
      Board                                               Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Amend Articles Re: Calling of,            For       Did Not    Management
      Registration for, and Time Designation at           Vote
      Shareholder Meetings Due to Proposed
      Changes in German Law (Law on Company
      Integrity and Modernization of
      Shareholder Lawsuits)


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

MITSUBISHI TOKYO FINANCIAL GROUP INC

Ticker:                      Security ID:  JP3902900004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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: Increase Authorized    For       For        Management
      Preferred Share Capital - Delete
      References to Cancelled Preferred Shares
      and Add References to New Classes of
      Preferred Shares
3     Approve Merger Agreement with UFJ         For       For        Management
      Holdings Inc.
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       Against    Management
6     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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

MMO2 PLC

Ticker:                      Security ID:  GB0030872716
Meeting Date: JUL 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 Remuneration Report               For       For        Management
3     Re-elect David Finch as Director          For       For        Management
4     Re-elect Stephen Hodge as Director        For       For        Management
5     Re-elect Andrew Sukawaty as Director      For       For        Management
6     Re-appoint PricewaterhouseCoopers LLP as  For       For        Management
      Auditors of the Company
7     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
8     Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,891,000
9     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 433,700
10    Authorise 867,400,000 Ordinary Shares for For       For        Management
      Market Purchase
11    Approve the mm02 Deferred Equity          For       For        Management
      Incentive Plan


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

MTN GROUP LTD.(FORMERLY M-CELL)

Ticker:                      Security ID:  ZAE000042164
Meeting Date: AUG 18, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Mar. 31, 2004
2     Approve Simultaneous Re-Appointment of    For       Against    Management
      Retiring Directors
3.1   Reelect M.C. Ramaphosa as Director        For       For        Management
3.2   Reelect I. Charnley as Director           For       For        Management
3.3   Reelect Z.N.A. Cindi as Director          For       For        Management
3.4   Reelect S.N. Mabaso as Director           For       For        Management
4.1   Elect J.H.N. Strydom as Director          For       For        Management
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of Ten
      Percent of Issued Capital
8     Approve Remuneration of Directors         For       For        Management
9     Amend Incentive Share Option Scheme Re:   For       Against    Management
      Allocation to Employees of Non-South
      African Companies in which MTN has
      Significant Stake
10    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

NATIONAL BANK OF GREECE

Ticker:                      Security ID:  GRS003013000
Meeting Date: JUN 3, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Stock Option Plan for Company's   For       Did Not    Management
      Executive Directors, Management Officers,           Vote
      and Staff


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

NATIONAL BANK OF GREECE

Ticker:                      Security ID:  GRS003013000
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Statutory Reports for Year Ended   For       Did Not    Management
      December31, 2004                                    Vote
2     Accept Financial Statements for Year      For       Did Not    Management
      Ended December 31, 2004                             Vote
3     Approve Discharge of Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
4     Approve Remuneration of Directors for     For       Did Not    Management
      2004 and Preapprove Directors'                      Vote
      Remuneration for 2005
5     Approve Remuneration of Directors Who Are For       Did Not    Management
      Members of the Audit Committee for 2005             Vote
6     Authorize Board and Management of the     For       Did Not    Management
      Company to Participate in Boards and                Vote
      Management of Similar Companies
7     Approve One Principal and One Substitute  For       Did Not    Management
      Auditor and Authorize Board to Fix Their            Vote
      Remuneration
8     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
9     Elect Directors and Designate Independent For       Did Not    Management
      Members                                             Vote
10    Approve Stock Option Program              For       Did Not    Management
                                                          Vote
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

NEXT PLC

Ticker:                      Security ID:  GB0032089863
Meeting Date: MAY 18, 2005   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 28 Pence Per    For       For        Management
      Ordinary Share
4     Elect Jonathan Dawson as Director         For       For        Management
5     Elect Christine Cross as Director         For       For        Management
6     Re-elect Simon Wolfson as Director        For       For        Management
7     Re-elect Andrew Varley as Director        For       For        Management
8     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
9     Approve Next Management Share Option Plan For       For        Management
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 8,500,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,300,000
12    Authorise 39,000,000 Ordinary Shares for  For       For        Management
      Market Purchase
13    Authorise the Company to Enter Into       For       For        Management
      Contingent Share Purchase Contracts with
      Each of Goldman Sachs International, UBS
      AG and Deutsche Bank AG.
14    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


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

NEXT PLC

Ticker:                      Security ID:  GB0032089863
Meeting Date: NOV 29, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise 6 Million Shares Representing   For       Did Not    Management
      2.3 Percent of the Company's Issued Share           Vote
      Capital for Off-Market Purchase Pursuant
      to a Programme Agreement between the
      Company and Goldman Sachs International


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

NINTENDO CO. LTD.

Ticker:       NTDOY          Security ID:  JP3756600007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 70,
      Final JY 200, 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
2.12  Elect Director                            For       For        Management
3     Approve Retirement Bonus for Director and For       Against    Management
      Special Payments to Continuing Directors
      and Statutory Auditors in Cennection with
      Abolition of Retirment Bonus System


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

NOVARTIS AG

Ticker:       NVS            Security ID:  CH0012005267
Meeting Date: MAR 1, 2005    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          For       Did Not    Management
      Dividends of CHF 1.05 per Share                     Vote
4     Approve CHF 19 Million Reduction in Share For       Did Not    Management
      Capital via Share Cancellation                      Vote
5     Authorize Repurchase of up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
6.1   Reelect Birgit Breuel as Director         For       Did Not    Management
                                                          Vote
6.2   Reelect Peter Burckhardt as Director      For       Did Not    Management
                                                          Vote
6.3   Reelect Alexandre Jetzer as Director      For       Did Not    Management
                                                          Vote
6.4   Reelect Pierre Landolt as Director        For       Did Not    Management
                                                          Vote
6.5   Reelect Ulrich Lehner as Director         For       Did Not    Management
                                                          Vote
7     Ratify PricewaterhouseCoopers AG as       For       Did Not    Management
      Auditors                                            Vote


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

NOVO NORDISK A/S

Ticker:       NVO            Security ID:  DK0010280817
Meeting Date: MAR 9, 2005    Meeting Type: Annual
Record Date:  FEB 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Receive and Accept Financial Statements   For       For        Management
      and Statutory Reports; Approve
      Remuneration of Directors
3     Approve Allocation of Income              For       For        Management
4.1   Reelect Mads Oevlisen as Director         For       For        Management
4.2   Reelect Sten Scheibye as Director         For       For        Management
4.3   Reelect Kurt Briner as Director           For       For        Management
4.4   Reelect Niels Jacobsen as Director        For       For        Management
4.5   Reelect Kurt Anker Nielsen as Director    For       For        Management
4.6   Reelect Joergen Wedel as Director         For       For        Management
4.7   Elect Henrik Guertler as Director         For       For        Management
4.8   Elect Goeran Ando as Director             For       For        Management
5     Ratify PricewaterhouseCoopers as Auditors For       For        Management
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Other Business (Non-Voting)               None      None       Management


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

NUMICO N.V.(FORMERLY NUTRICIA N.V.)

Ticker:                      Security ID:  NL0000375616
Meeting Date: MAR 18, 2005   Meeting Type: Special
Record Date:  MAR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Approve Acquisition of Mellin S.p.A.      For       Did Not    Management
      (Baby Food Business in Italy)                       Vote
3.a   Authorize Management Board to Issue       For       Did Not    Management
      6,711,409 Shares in Connection with                 Vote
      Acquisition of Mellin S.p.A.
3.b   Authorize Management Board to Exclude     For       Did Not    Management
      Preemptive Rights from Issuance Under               Vote
      Item 3.a
4     Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
5     Close Meeting                             None      Did Not    Management
                                                          Vote


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

NUMICO N.V.(FORMERLY NUTRICIA N.V.)

Ticker:                      Security ID:  NL0000375616
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Report of Supervisory Board and   None      Did Not    Management
      Executive Board                                     Vote
3a    Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
3b    Approve Discharge of Executive Board      For       Did Not    Management
                                                          Vote
3c    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4     Receive Explanation of Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
5     Ratify PricewaterhouseCoopers Accountants For       Did Not    Management
      N.V. as Auditors                                    Vote
6     Receive Explanation of Corporate          None      Did Not    Management
      Governance Statement                                Vote
7     Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
8a    Reelect Chris Britton to Executive Board  For       Did Not    Management
                                                          Vote
8b    Reelect Rudy Mareel to Executive Board    For       Did Not    Management
                                                          Vote
8c    Reelect Niraj Mehra to Executive Board    For       Did Not    Management
                                                          Vote
9a    Elect Steven Schuit to Supervisory Board  For       Did Not    Management
                                                          Vote
9b    Elect Marco Fossati to Supervisory Board  For       Did Not    Management
                                                          Vote
10a   Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Shares Up to Ten Percent of            Vote
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition)
10b   Authorize Board to Exclude Preemptive     For       Did Not    Management
      Rights from Issuance Under Item 10a                 Vote
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
13    Close Meeting                             None      Did Not    Management
                                                          Vote


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

OMRON CORP.

Ticker:                      Security ID:  JP3197800000
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 14, Special JY 0
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
3     Authorize Share Repurchase Program        For       For        Management
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Executive Stock Option Plan       For       Against    Management


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

OPAP (GREEK ORGANISATION OF FOOTBALL PROGNOSTICS SA )

Ticker:                      Security ID:  GRS419003009
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  MAY 25, 2005

#     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 Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
4     Approve One Principal and One Substitute  For       Did Not    Management
      Auditor and Authorize Board to Fix Their            Vote
      Remuneration
5     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
6     Approve Remuneration of Directors Who Are For       Did Not    Management
      Members of Company's Board Committees               Vote
7     Elect Director in Replacement of Resigned For       Did Not    Management
      Board Member                                        Vote
8     Approve Monthly Remuneration of to        For       Did Not    Management
      Company's President for the Period                  Vote
      Between March 23, 2005 to May 31, 2005;
      Determine Monthly Remuneration Starting
      On June 1, 2005
9     Approve Contract Agreement Between New    For       Did Not    Management
      Managing Director and the Company                   Vote
10    Amend Article 5 of Company's Articles of  For       Did Not    Management
      Association Re: Share Capital and                   Vote
      Shareholding Structure
11    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

ORIX CORP.

Ticker:                      Security ID:  JP3200450009
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Expand Business Lines  For       For        Management
      - Cancel Year-End Closure of Shareholder
      Register and Clarify Board's Authority to
      Vary AGM Record Date
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


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

OSAKA GAS CO. LTD.

Ticker:                      Security ID:  JP3180400008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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: Decrease Authorized    For       For        Management
      Capital to Reflect Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


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

PINAULT-PRINTEMPS-REDOUTE

Ticker:                      Security ID:  FR0000121485
Meeting Date: MAY 19, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 2.52 per Share                     Vote
5     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Account to                  Vote
      Ordinary Reserve Account
6     Confirm Name Change of Auditor to         For       Did Not    Management
      Deloitte & Associes                                 Vote
7     Ratify Societe BEAS as Alternate Auditor  For       Did Not    Management
                                                          Vote
8     Change Company Name to PPR; Amend         For       Did Not    Management
      Articles Accordingly                                Vote
9     Adopt Unitary Board Structure             For       Did Not    Management
                                                          Vote
10    Adopt New Articles of Asscociation        For       Did Not    Management
                                                          Vote
11    Elect Francois-Henri Pinault as Director  For       Did Not    Management
                                                          Vote
12    Elect Patricia Barbizet as Director       For       Did Not    Management
                                                          Vote
13    Elect Rene Barbier de la Serre as         For       Did Not    Management
      Director                                            Vote
14    Elect Pierre Bellon as Director           For       Did Not    Management
                                                          Vote
15    Elect Allan Chapin as Director            For       Did Not    Management
                                                          Vote
16    Elect Luca Cordero di Montezemolo as      For       Did Not    Management
      Director                                            Vote
17    Elect Anthony Hamilton as Director        For       Did Not    Management
                                                          Vote
18    Elect Philippe Lagayette as Director      For       Did Not    Management
                                                          Vote
19    Elect Baudouin Prot as Director           For       Did Not    Management
                                                          Vote
20    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 570,000                     Vote
21    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
22    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
23    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 200 Million; Authorize Issuance of
      Securities Convertible into Debt
24    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 200 Million; Authorize
      Issuance of Securities Convertible Into
      Debt
25    Authorize Capitalization of Reserves for  For       Did Not    Management
      Bonus Issue or Increase in Par Value                Vote
26    Authorize Board to Set Issue Price for Up For       Did Not    Management
      to Ten Percent of Capital Increase                  Vote
      Without Preemptive Rights
27    Set Global Limit for Capital Increase to  For       Did Not    Management
      Result from All Issuance Requests at EUR            Vote
      6 Billion
28    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Acquisitions
29    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
30    Authorize Up to 0.5 Percent of Issued     For       Did Not    Management
      Capital For Use in Restricted Stock Plan            Vote
31    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
32    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

PUMA AG RUDOLF DASSLER SPORT

Ticker:       PMMRY          Security ID:  DE0006969603
Meeting Date: MAR 30, 2005   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 1.00 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Ratify PricewaterhouseCoopers GmbH as     For       Did Not    Management
      Auditors                                            Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees; Approve Creation of EUR 2.4              Vote
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
8     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
9     Amend Articles Re: Designate Electronic   For       Did Not    Management
      Publications for Meeting Announcements              Vote
      and Invitation to Shareholder Meetings


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

QBE INSURANCE GROUP LTD.

Ticker:                      Security ID:  AU000000QBE9
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:  APR 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          For       For        Management
      Statutory Reports
2     Elect C. L. A. Irby as Director           For       For        Management
3     Approve Grant of a Maximum of 46,000      For       For        Management
      Conditional Rights and a Maximum of
      122,000 Options to F. M. O'Halloran,
      Chief Executive Officer


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

RAKUTEN CO.

Ticker:                      Security ID:  JP3967200001
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 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 250, Special JY 0
2     Approve Reduction in Capital Reserves     For       Against    Management
3     Amend Articles to: Expand Business Lines  For       For        Management
      - Amend Board Size
4.1   Elect Director                            For       For        Management
4.2   Elect Director                            For       For        Management
4.3   Elect Director                            For       For        Management
4.4   Elect Director                            For       For        Management
4.5   Elect Director                            For       For        Management
4.6   Elect Director                            For       For        Management
4.7   Elect Director                            For       For        Management
4.8   Elect Director                            For       For        Management
5.1   Appoint Internal Statutory Auditor        For       For        Management
5.2   Appoint Internal Statutory Auditor        For       For        Management
6     Approve Executive Stock Option Plan       For       Against    Management


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

RECKITT BENCKISER PLC (FORMERLY RECKITT & COLMAN PLC )

Ticker:                      Security ID:  GB0007278715
Meeting Date: MAY 5, 2005    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       Against    Management
3     Approve Final Dividend of 18 Pence Per    For       For        Management
      Share
4     Re-elect Adrian Bellamy as Director       For       For        Management
5     Re-elect George Greener as Director       For       For        Management
6     Elect Graham Mackay as Director           For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 25,438,000
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,815,000
10    Authorise 72,500,000 Shares for Market    For       For        Management
      Purchase
11    Approve Reckitt Benckiser 2005            For       Against    Management
      Savings-Related Share Option Plan
12    Approve Reckitt Benckiser 2005 Global     For       Against    Management
      Stock Profit Plan
13    Approve Reckitt Benckiser 2005 USA        For       Against    Management
      Savings-Related Share Option Plan
14    Amend Reckitt Benckiser Senior Executive  For       For        Management
      Share Ownership Policy Plan


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

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:                      Security ID:  GB0007308355
Meeting Date: APR 27, 2005   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 Remuneration Report               For       Did Not    Management
                                                          Vote
3     Approve Final Dividend of 9.6 Pence Per   For       Did Not    Management
      Share                                               Vote
4     Reappoint Deloitte & Touche LLP as        For       Did Not    Management
      Auditors of the Company                             Vote
5     Authorise Board to Fix Remuneration of    For       Did Not    Management
      the Auditors                                        Vote
6     Elect Jan Hommen as Director              For       Did Not    Management
                                                          Vote
7     Elect Erik Engstrom as Director           For       Did Not    Management
                                                          Vote
8     Re-elect Mark Armour as Director          For       Did Not    Management
                                                          Vote
9     Re-elect Sir Crispin Davis as Director    For       Did Not    Management
                                                          Vote
10    Re-elect Andrew Prozes as Director        For       Did Not    Management
                                                          Vote
11    Authorise Issue of Equity or              For       Did Not    Management
      Equity-Linked Securities with Pre-emptive           Vote
      Rights up to Aggregate Nominal Amount of
      GBP 24,700,000
12    Authorise Issue of Equity or              For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,900,000
13    Authorise 127,000,000 Ordinary Shares for For       Did Not    Management
      Market Purchase                                     Vote


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

REED ELSEVIER PLC(FORMERLY REED INTERNATIONAL PLC)

Ticker:                      Security ID:  GB0007308355
Meeting Date: APR 27, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Strauss Zelnick as Director         For       Did Not    Management
                                                          Vote


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

ROYAL BANK OF SCOTLAND GROUP PLC (THE)

Ticker:       RBSPRE         Security ID:  GB0007547838
Meeting Date: APR 20, 2005   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 41.2 Pence Per  For       For        Management
      Share
4     Re-elect Jim Currie as Director           For       For        Management
5     Re-elect Sir Fred Goodwin as Director     For       For        Management
6     Re-elect Sir Steve Robson as Director     For       For        Management
7     Elect Archie Hunter as Director           For       For        Management
8     Elect Charles Koch as Director            For       For        Management
9     Elect Joe MacHale as Director             For       For        Management
10    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Share      For       For        Management
      Capital; Authorise Issue of Equity or
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 264,579,936
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 39,686,990
14    Authorise 317,495,924 Shares for Market   For       For        Management
      Purchase
15    Approve 71 M Category II Non-Cumulative   For       For        Management
      US$ Pref. Shares; Allot the Newly Created
      and 179.5 M Unissued Category II
      Non-Cumulative US$ Pref. Shares, the
      64.75 M Unissued Non-Cumulative Euro
      Pref. Shares and 300 M Unissued
      Non-Cumulative GBP Pref. Shares
16    Approve Citizens Financial Group, Inc.    For       For        Management
      Long Term Incentive Plan


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

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  FR0000120578
Meeting Date: MAY 31, 2005   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 1.20 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Ratify PricewaterhouseCoopers Audit as    For       Did Not    Management
      Auditor                                             Vote
6     Ratify Pierre Coll as Alternate Auditor   For       Did Not    Management
                                                          Vote
7     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
8     Cancel Outstanding Debt Issuance          For       Did Not    Management
      Authority                                           Vote
9     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 1.4 Billion; Authorize Global Limit
      of EUR 1.6 Billion
10    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 840 Million
11    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 500 Million for Bonus Issue or            Vote
      Increase in Par Value
12    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authorities Above
13    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
14    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
15    Authorize Up to 1 Percent of Issued       For       Did Not    Management
      Capital For Use in Restricted Stock Plan            Vote
16    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
17    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

SCHNEIDER ELECTRIC SA (FORMERLY SCHNEIDER SA)

Ticker:                      Security ID:  FR0000121972
Meeting Date: MAY 12, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party  Transactions               Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.80 per Share                     Vote
5     Elect Serge Weinberg as Director          For       Did Not    Management
                                                          Vote
6     Acknowledge the Resignation of Caisse des For       Did Not    Management
      Depots et Consignations and Appoint                 Vote
      Jerome Gallot as Director
7     Reelect Henri Lachmann as Director        For       Did Not    Management
                                                          Vote
8     Reelect Rene Barbier de La Serre as       For       Did Not    Management
      Director                                            Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 800,000                     Vote
10    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
11    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 500 Million
12    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 300 Million
13    Authorize Capital Increase for Future     For       Did Not    Management
      Exchange Offers/Acquisitions                        Vote
14    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
15    Authorize Up to Three Percent of Issued   For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
16    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

SEVEN-ELEVEN JAPAN CO. LTD.

Ticker:                      Security ID:  JP3423000003
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       Did Not    Management
      the Following Dividends: Interim JY 21.5,           Vote
      Final JY 21.5, Special JY 0
2     Approve Formation of Joint Holding        For       Did Not    Management
      Company with Ito-Yokado Co. and Denny's             Vote
      Japan Co.
3     Amend Articles to Change Record Date for  For       Did Not    Management
      Payment of Interim Dividends                        Vote
4.1   Elect Director                            For       Did Not    Management
                                                          Vote
4.2   Elect Director                            For       Did Not    Management
                                                          Vote
4.3   Elect Director                            For       Did Not    Management
                                                          Vote
4.4   Elect Director                            For       Did Not    Management
                                                          Vote
4.5   Elect Director                            For       Did Not    Management
                                                          Vote
4.6   Elect Director                            For       Did Not    Management
                                                          Vote
4.7   Elect Director                            For       Did Not    Management
                                                          Vote
4.8   Elect Director                            For       Did Not    Management
                                                          Vote
4.9   Elect Director                            For       Did Not    Management
                                                          Vote
4.10  Elect Director                            For       Did Not    Management
                                                          Vote
4.11  Elect Director                            For       Did Not    Management
                                                          Vote
4.12  Elect Director                            For       Did Not    Management
                                                          Vote
4.13  Elect Director                            For       Did Not    Management
                                                          Vote
4.14  Elect Director                            For       Did Not    Management
                                                          Vote
4.15  Elect Director                            For       Did Not    Management
                                                          Vote
4.16  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 Directors  For       Did Not    Management
      and Statutory Auditor                               Vote


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

SHIN-ETSU CHEMICAL CO. LTD.

Ticker:                      Security ID:  JP3371200001
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 10, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital - Cancel Year-End Closure of
      Shareholder Register - Amend Board Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
6     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor
7     Approve Executive Stock Option Plan       For       Against    Management


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

SHOPPERS DRUG MART CORP

Ticker:       SC.            Security ID:  CA82509W1032
Meeting Date: MAY 11, 2005   Meeting Type: Annual/Special
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Glenn K. Murphy            For       For        Management
1.2   Elect Director Joshua Bekenstein          For       For        Management
1.3   Elect Director Kim Davis                  For       For        Management
1.4   Elect Director James H. Greene, Jr.       For       For        Management
1.5   Elect Director Eva L. Kwok                For       For        Management
1.6   Elect Director Dean Metcalf               For       For        Management
1.7   Elect Director Paul E. Raether            For       For        Management
1.8   Elect Director Leslee J. Thompson         For       For        Management
1.9   Elect Director David M. Williams          For       For        Management
2     Ratify Deloitte & Touche LLP as Auditors  For       For        Management
3     Adopt Shareholder Rights Plan (Poison     For       For        Management
      Pill)
4     Amend Bylaw No. 2B Re: Executive          For       For        Management
      Committee


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

SMITH & NEPHEW PLC

Ticker:                      Security ID:  GB0009223206
Meeting Date: MAY 5, 2005    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 3.2 Pence Per   For       For        Management
      Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect John Buchanan as Director        For       For        Management
5     Re-elect Brian Larcombe as Director       For       For        Management
6     Re-elect Pamela Kirby as Director         For       For        Management
7     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 32,717,742
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,728,869
11    Authorise 93,745,121 Ordinary Shares for  For       For        Management
      Market Purchase


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

SOCIETE GENERALE

Ticker:       SCGLY          Security ID:  FR0000130809
Meeting Date: MAY 9, 2005    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     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 3.3 per Share                      Vote
3     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Absence Related-Party                     Vote
      Transactions
5     Reelect Jean Azema as Director            For       Did Not    Management
                                                          Vote
6     Reelect Elisabeth Lulin as Director       For       Did Not    Management
                                                          Vote
7     Reelect Patrick Ricard as Director        For       Did Not    Management
                                                          Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
9     Reduce Range of Board Size from 15 to 13  For       Did Not    Management
      Board Members; Reduce Number of                     Vote
      Representatives of Employee Shareholders
      From 3 to 2, and Allow Use of Electronic
      Voting for Elections of Representatives
      of Employee Shareholders
10    Amend Articles to Increase Shareholding   For       Did Not    Management
      Disclosure Threshold from 0.5 Percent to            Vote
      1.5 Percent
11    Authorize Up to One Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
12    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent Of Issued Capital for Future                Vote
      Acquisitions
A     Shareholder Proposal: Amend Articles of   Against   Did Not    Shareholder
      Association to Remove Voting Right                  Vote
      Limitation of 15 Percent
13    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

STORA ENSO OYJ (FORMERLY ENSO OY)

Ticker:                      Security ID:  FI0009005961
Meeting Date: MAR 22, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditor's Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.45 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Fix Number of Directors                   For       Did Not    Management
                                                          Vote
1.7   Fix Number of Auditors                    For       Did Not    Management
                                                          Vote
1.8   Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
1.9   Elect Gunnar Brock, Birgitta Kantola, and For       Did Not    Management
      Matti Vuoria as New Directors                       Vote
1.10  Ratify Auditors                           For       Did Not    Management
                                                          Vote
1.11  Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
2     Shareholder Proposal: Establish a         None      Did Not    Shareholder
      Nominating Committee                                Vote
3     Approve EUR 70.9 Million Reduction in     For       Did Not    Management
      Share Capital via Share Cancellation                Vote
4     Authorize Repurchase of Shares            For       Did Not    Management
                                                          Vote
5     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote
6     Shareholder Proposal: Wood Procurement    None      Did Not    Shareholder
      Policy                                              Vote


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

SUMITOMO METAL MINING CO. LTD.

Ticker:                      Security ID:  JP3402600005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 8, Special JY 0
2     Amend Articles to: Abolish Retirement     For       For        Management
      Bonus System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


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

SUMITOMO MITSUI FINANCIAL GROUP INC.

Ticker:                      Security ID:  JP3890350006
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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 3000,
      Special JY 0
2     Authorize Repurchase of Preferred Shares  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Directors  For       Against    Management
      and Statutory Auditors


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

SYNTHES INC

Ticker:       ICR            Security ID:  US87162M4096
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Report on the Business Year   For       For        Management
      2004
2.1   Elect Director  Robert Bland              For       For        Management
2.2   Elect Director  Roland Bronnimann         For       For        Management
2.3   Elect Directors Allen Misher              For       For        Management
3     Ratify Auditors                           For       For        Management
4     Amend Certificate to Establish            For       Against    Management
      Restrictions on Stock Issuance


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

TAISEI CORP.

Ticker:                      Security ID:  JP3443600006
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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: Increase Authorized    For       For        Management
      Capital from 1.145 Billion to 2.2 Billion
      Shares
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director     For       For        Management


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

TAKEFUJI CORP.

Ticker:                      Security ID:  JP3463200000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 50,
      Final JY 50, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Reduce Maximum  Board Size - Clarify
      Director Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       Against    Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management


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

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

Ticker:       TEF            Security ID:  ES0178430E18
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       Did Not    Management
      Financial Statements, Allocation of                 Vote
      Income, and Discharge Directors
2     Approve Dividend                          For       Did Not    Management
                                                          Vote
3     Approve Merger by Absorption of Terra     For       Did Not    Management
      Networks                                            Vote
4     Elect Directors                           For       Did Not    Management
                                                          Vote
5     Approve Auditors                          For       Did Not    Management
                                                          Vote
6     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote
7     Approve Reduction in Stated Capital       For       Did Not    Management
                                                          Vote
8     Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions                                Vote


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

TELENOR ASA

Ticker:                      Security ID:  NO0010063308
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Notice of Meeting                 For       For        Management
2     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
3     Approve Financial Statements, Allocation  For       For        Management
      of Income and Dividends of NOK 1.50 Per
      Share
4     Approve Remuneration of Auditors          For       For        Management
5     Approve NOK 263.2 Million Reduction in    For       For        Management
      Share Capital via Share Cancellation;
      Approve Repurchase of 23.7 Million Shares
      from the Kingdom of Norway; Approve
      Transfer of NOK 893 Million from Share
      Premium Reserve to Other Equity
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Elect Jan-Erik Korssjoen, Randi Braathe,  For       For        Management
      Jostein Devold, Rune Selmar, Hans Olav
      Karde, Nils-Edvard Olsen, Signe
      Ritterberg, Stener Lium, Hanne Harlem,
      and Marianne Lie as Members of Corporate
      Assembly; Elect Three Deputy Members of
      Corporate Assembly
8     Approve Remuneration of Members of        For       For        Management
      Corporate Assembly in the Amount of NOK
      75,000 for Chairman, NOK 35,000 for
      Deputy Chairman, NOK 25,000 for Other
      Members Per Year, and NOK 6,000 for
      Deputy Members Per Meeting
9     Reelect Reier Soeberg and Erik Must as    For       For        Management
      Members of Nominating Committee


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

TERNA  - TRASMISSIONE ELETTRICITA

Ticker:                      Security ID:  IT0003242622
Meeting Date: APR 1, 2005    Meeting Type: Annual/Special
Record Date:  MAR 25, 2005

#     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.a   Appoint Internal Statutory Auditors -     None      Did Not    Management
      Majority Shareholder Slate                          Vote
3.b   Appoint Internal Statutory Auditors -     None      Did Not    Management
      Minority Shareholder(s) Slate                       Vote
4     Approve Remuneration of Primary Internal  For       Did Not    Management
      Statutory Auditors                                  Vote
1     Approve Capital Increase in the Maximum   For       Did Not    Management
      Amount of EUR 2.2 Million Through                   Vote
      Issuance of Shares Pursuant to Share
      Option Scheme in Favor of Company and
      Group Employees


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

TERNA  - TRASMISSIONE ELETTRICITA

Ticker:                      Security ID:  IT0003242622
Meeting Date: JAN 31, 2005   Meeting Type: Special
Record Date:  JAN 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles To Reflect New Provisions  For       Did Not    Management
      Set Forth By Italian Government Re:                 Vote
      Proprietary Structure And Management Of
      The National Electricity Grid


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

TESCO PLC

Ticker:                      Security ID:  GB0008847096
Meeting Date: JUN 24, 2005   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 5.27 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Rodney Chase as Director         For       For        Management
5     Re-elect Sir Terry Leahy as Director      For       For        Management
6     Re-elect Tim Mason as Director            For       For        Management
7     Re-elect David Potts as Director          For       For        Management
8     Elect Karen Cook as Director              For       For        Management
9     Elect Carolyn McCall as Director          For       For        Management
10    Reappoint PricewaterhouseCooopers LLP as  For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
12    Approve Increase in Authorised Capital    For       For        Management
      from GBP 530,000,000 to GBP 535,000,000
13    Approve Scrip Dividend Program            For       For        Management
14    Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 129,200,000
15    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 19,470,000
16    Authorise 778,700,000 Ordinary Shares for For       For        Management
      Market Purchase
17    Authorise the Company to Make EU          For       Against    Management
      Political Organisation Donations up to
      GBP 100,000 and to Incur EU Political
      Expenditure up to GBP 100,000
18    Authorise Tesco Stores Ltd. to Make EU    For       Against    Management
      Political Organisation Donations up to
      GBP 100,000 and Incur EU Political
      Expenditure up to GBP 100,000
19    Authorise Tesco Ireland Ltd. to Make EU   For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
20    Authorise Tesco Vin Plus S.A. to Make EU  For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
21    Authorise Tesco Stores CR a.s. to Make EU For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
22    Authorise Tesco Stores SR a.s. to Make EU For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
23    Authorise Tesco Global Rt to Make EU      For       Against    Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
24    Authorise Tesco Polska Sp z.o.o. to Make  For       Against    Management
      EU Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000


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

THOMSON CORP.

Ticker:       TOC.           Security ID:  CA8849031056
Meeting Date: MAY 4, 2005    Meeting Type: Annual/Special
Record Date:  MAR 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David K.R. Thomson         For       For        Management
1.2   Elect Director W. Geoffrey Beattie        For       For        Management
1.3   Elect Director Richard J. Harrington      For       For        Management
1.4   Elect Director Ron D. Barbaro             For       For        Management
1.5   Elect Director Mary A. Cirillo            For       For        Management
1.6   Elect Director Robert D. Daleo            For       For        Management
1.7   Elect Director Steven A. Denning          For       For        Management
1.8   Elect Director V.M. Kempston Darkes       For       For        Management
1.9   Elect Director Roger L. Martin            For       For        Management
1.10  Elect Director Vance K. Opperman          For       For        Management
1.11  Elect Director David H. Shaffer           For       For        Management
1.12  Elect Director John M. Thompson           For       For        Management
1.13  Elect Director Kenneth R. Thomson         For       For        Management
1.14  Elect Director Peter J. Thomson           For       For        Management
1.15  Elect Director Richard M. Thomson         For       For        Management
1.16  Elect Director John A. Tory               For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve 2005 Employee Stock Purchase Plan For       For        Management
4     Amend 2000 Stock Incentive Plan           For       For        Management


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

TORAY INDUSTRIES INC.

Ticker:                      Security ID:  JP3621000003
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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
2.1   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       Against    Management
      and Statutory Auditors


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

TOTAL SA (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TOT            Security ID:  FR0000120271
Meeting Date: MAY 17, 2005   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 5.40 per Share of which            Vote
      EUR 3.00 Remains to be Distributed
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Authorize Repurchase of Up to 24.4        For       Did Not    Management
      Million Shares                                      Vote
6     Reelect Paul Desmarais Jr as Director     For       Did Not    Management
                                                          Vote
7     Reelect Bertrand Jacquillat as Director   For       Did Not    Management
                                                          Vote
8     Reelect Maurice Lippens as Director       For       Did Not    Management
                                                          Vote
9     Elect Lord Levene of Portsoken KBE as     For       Did Not    Management
      Director                                            Vote
10    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
11    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 1.8 Billion
12    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
13    Authorize Up to One Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
A     Shareholder Proposal: Authorize Up to One Against   Did Not    Shareholder
      Percent of Issued Capital for Use in                Vote
      Restricted Stock Plan


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

TOTO LTD.

Ticker:                      Security ID:  JP3596200000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5.5,
      Final JY 6, 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
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     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors
5     Approve Special Bonus for Family of       For       Against    Management
      Deceased Director and Retirement Bonuses
      for Director and Statutory Auditor


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

TOYOTA MOTOR CORP.

Ticker:       TM             Security ID:  JP3633400001
Meeting Date: JUN 23, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 40, 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
2.12  Elect Director                            For       For        Management
2.13  Elect Director                            For       For        Management
2.14  Elect Director                            For       For        Management
2.15  Elect Director                            For       For        Management
2.16  Elect Director                            For       For        Management
2.17  Elect Director                            For       For        Management
2.18  Elect Director                            For       For        Management
2.19  Elect Director                            For       For        Management
2.20  Elect Director                            For       For        Management
2.21  Elect Director                            For       For        Management
2.22  Elect Director                            For       For        Management
2.23  Elect Director                            For       For        Management
2.24  Elect Director                            For       For        Management
2.25  Elect Director                            For       For        Management
2.26  Elect Director                            For       For        Management
3     Appoint Internal Statutory Auditor        For       Against    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
7     Amend Articles of Incorporation to        Against   For        Shareholder
      Require Disclosure of Individual
      Compensation Levels of Directors and
      Statutory Auditors
8     Amend Articles of Incorporation to        Against   Against    Shareholder
      Require Reporting of Contributions to
      Political Parties and Political
      Fundraising Organizations


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

TREND MICRO INC.

Ticker:       TMIC           Security ID:  JP3637300009
Meeting Date: MAR 25, 2005   Meeting Type: Annual
Record Date:  DEC 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 36, Special JY 0
2     Amend Articles to: Clarify Director       For       For        Management
      Authorities
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
4.4   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       Against    Management


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

TYCO INTERNATIONAL LTD.

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

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


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

UBS AG

Ticker:                      Security ID:  CH0012032030
Meeting Date: APR 21, 2005   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 3.00 per Share                     Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4.1.1 Reelect Marcel Ospel as Director          For       Did Not    Management
                                                          Vote
4.1.2 Reelect Lawrence Weinbach as Director     For       Did Not    Management
                                                          Vote
4.2.1 Elect Marco Suter as Director             For       Did Not    Management
                                                          Vote
4.2.2 Elect Peter Voser as Director             For       Did Not    Management
                                                          Vote
4.3   Ratify Ernst & Young Ltd. as Auditors     For       Did Not    Management
                                                          Vote
5.1   Approve CHF 31.9 Million Reduction in     For       Did Not    Management
      Share Capital via Cancellation of                   Vote
      Repurchased Shares
5.2   Authorize Repurchase of Issued Share      For       Did Not    Management
      Capital                                             Vote


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

UNILEVER PLC

Ticker:       UL             Security ID:  GB0005748735
Meeting Date: MAY 11, 2005   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       Abstain    Management
3     Approve Final Dividend of 12.82 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Patrick Cescau as Director       For       For        Management
5     Re-elect Kees Van Der Graaf as Director   For       For        Management
6     Re-elect Rudy Markham as Director         For       For        Management
7     Elect Ralph Kugler as Director            For       For        Management
8     Elect Anthony Burgmans as Director        For       For        Management
9     Re-elect Lord Brittan as Director         For       For        Management
10    Re-elect Baroness Chalker as Director     For       For        Management
11    Re-elect Bertrand Collomb as Director     For       For        Management
12    Re-elect Wim Dik as Director              For       For        Management
13    Re-elect Oscar Fanjul as Director         For       For        Management
14    Re-elect Hilmar Kopper as Director        For       For        Management
15    Re-elect Lord Simon as Director           For       For        Management
16    Re-elect Jeroen Van Der Veer as Director  For       For        Management
17    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
18    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
19    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 13,450,000
20    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,000,000
21    Authorise 290,000,000 Ordinary Shares for For       For        Management
      Market Purchase
22    Amend Articles of Association Re:         For       For        Management
      Delegation to Chief Executive
23    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors
24    Approve Unilever Global Performance Share For       For        Management
      Plan 2005
25    Approve Unilever PLC 2005 ShareSave Plan  For       For        Management


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

VINCI (FORMERLY SOCIETE GENERALE D'ENTREPRISES)

Ticker:                      Security ID:  FR0000125486
Meeting Date: APR 28, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
2     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors                                 Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.2 per Share                      Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Patrick Faure as Director         For       Did Not    Management
                                                          Vote
6     Reelect Bernard Huvelin as Director       For       Did Not    Management
                                                          Vote
7     Confirm Name Change of Auditor to         For       Did Not    Management
      Deloitte & Associes                                 Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
9     Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
10    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 400 Million
11    Authorize Issuance of Convertible Bonds   For       Did Not    Management
      with Preemptive Rights                              Vote
12    Authorize Issuance of Convertible Bonds   For       Did Not    Management
      without Preemptive Rights                           Vote
13    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authorities
14    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent for Future Acquisitions                     Vote
15    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
16    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
17    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees of Vinci International                    Vote
      Subsidiaries Participating in
      Savings-Related Share Purchase Plan
18    Authorize up to Ten Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
19    Approve 2-for-1 Stock Split and Reduce    For       Did Not    Management
      Par Value from EUR 10 to EUR 5; Amend               Vote
      Articles 6 and 11 Accordingly
20    Authorize Issuance of Securities          For       Did Not    Management
      Convertible into Debt                               Vote
21    Amend Article 11 to Reduce Board Term     For       Did Not    Management
      From Six to Four Years                              Vote
22    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

VIVENDI UNIVERSAL SA (FORMERLY VIVENDI)

Ticker:                      Security ID:  FR0000127771
Meeting Date: APR 28, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.60 per Share                     Vote
5     Adopt Two-Tiered Board Structure          For       Did Not    Management
                                                          Vote
6     Adopt New Articles of Asscociation        For       Did Not    Management
                                                          Vote
7     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 1 Billion
8     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 500 Million
9     Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Proposed in Issuance Authority Above
10    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 500 Million for Bonus Issue or            Vote
      Increase in Par Value
11    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
12    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
13    Authorize Up to 0.5 Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
14    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
15    Elect Jean-Rene Fourtou as Supervisory    For       Did Not    Management
      Board Member                                        Vote
16    Elect Claude Bebear as Supervisory Board  For       Did Not    Management
      Member                                              Vote
17    Elect Gerard Bremond  as Supervisory      For       Did Not    Management
      Board Member                                        Vote
18    Elect Fernando Falco as Supervisory Board For       Did Not    Management
      Member                                              Vote
19    Elect Paul Fribourg as Supervisory Board  For       Did Not    Management
      Member                                              Vote
20    Elect Gabriel Hawawini as Supervisory     For       Did Not    Management
      Board Member                                        Vote
21    Elect Henri Lachmann as Supervisory Board For       Did Not    Management
      Member                                              Vote
22    Elect Pierre Rodocanachi as Supervisory   For       Did Not    Management
      Board Member                                        Vote
23    Elect Karel Van Miert as Supervisory      For       Did Not    Management
      Board Member                                        Vote
24    Elect Sarah Frank as Supervisory Board    For       Did Not    Management
      Member                                              Vote
25    Elect Patrick Kron as Supervisory Board   For       Did Not    Management
      Member                                              Vote
26    Elect Andrzej Olechowski as Supervisory   For       Did Not    Management
      Board Member                                        Vote
27    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 1.2 Million                 Vote
28    Ratify Salustro-Reydel as Auditor         For       Did Not    Management
                                                          Vote
29    Ratify Jean-Claude Reydel as Alternate    For       Did Not    Management
      Auditor to Replace Hubert Luneau                    Vote
30    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
31    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote
32-6A Amend Articles of Association Re: Voting  For       Did Not    Management
      Right Limitations                                   Vote


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

VOLVO AB

Ticker:       VOLVY          Security ID:  SE0000115446
Meeting Date: APR 12, 2005   Meeting Type: Annual
Record Date:  APR 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Elect Claes Beyer as 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 Board and Committee Reports       None      Did Not    Management
                                                          Vote
8     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports; Receive President's              Vote
      Report
9     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
10    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 12.50 Per Share                    Vote
11    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
12    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
13    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 4.8 Million                 Vote
14    Reelect Per-Olof Eriksson, Patrick Faure, For       Did Not    Management
      Haruko Fukuda, Tom Hedelius, Leif                   Vote
      Johansson, Finn Johnsson (Chairman),
      Louis Schweitzer, and Ken Whipple as
      Directors
15    Adopt Revised Instructions for Nominating For       Did Not    Management
      Committee; Elect Finn Johnsson, Lars                Vote
      Idermark, Marianne Nilsson, Curt
      Kaellstroemer, and Thierry Moulonguet as
      Members of Nominating Committee
16.1  Shareholder Proposal: Provide All Shares  None      Did Not    Shareholder
      with Equal Voting Rights                            Vote
16.2  Shareholder Proposal: Allow Voluntary     None      Did Not    Shareholder
      Conversion of Class A Shares into Class B           Vote
      Shares
17    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Reissuance of           Vote
      Repurchased Shares
18.1  Approve SEK 95 Million Reduction in Share For       Did Not    Management
      Capital via Share Cancellation                      Vote
18.2  Authorize a New Class of Common Stock     For       Did Not    Management
      (Class C Shares) to Facilitate Reduction            Vote
      in Share Capital
18.3  Approve Creation of SEK 95 Million Pool   For       Did Not    Management
      of Conditional Capital via Issuance of              Vote
      Class C Shares to Facilitate Reduction in
      Share Capital
18.4  Approve SEK 95 Million Reduction in Share For       Did Not    Management
      Capital via Cancellation of Class C                 Vote
      Shares
18.5  Authorize CEO to Make Editorial Changes   For       Did Not    Management
      to Adopted Resolutions in Connection with           Vote
      Registration with Swedish Authorities
19.1  Approve Incentive Plan for Key Employees  For       Did Not    Management
                                                          Vote
19.2  Approve Reissuance of 185,000 Repurchased For       Did Not    Management
      Class B Shares for Incentive Plan (Item             Vote
      19.1)


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

WOLSELEY PLC

Ticker:                      Security ID:  GB0009764027
Meeting Date: NOV 18, 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 Pence Per    For       For        Management
      Share
4     Elect Nigel Stein as Director             For       For        Management
5     Elect Andy Duff as Director               For       For        Management
6     Re-elect Charles Banks as Director        For       For        Management
7     Re-elect Chip Hornsby as Director         For       For        Management
8     Re-elect James Murray as Director         For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
11    Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 50,000,000
12    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 7,313,728
13    Authorise 58,509,827 Shares for Market    For       For        Management
      Purchase
14    Amend Wolseley plc 2002 Long-Term         For       For        Management
      Incentive Scheme
15    Authorise EU Political Donations up to    For       Against    Management
      Aggregate Nominal Amount of GBP 125,000
16    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors from GBP 500,000
      to GBP 750,000


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

YAMADA DENKI CO.

Ticker:                      Security ID:  JP3939000000
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 20, Special JY 1
2     Amend Articles to: Expand Business Lines  For       For        Management
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Increase in Aggregate             For       For        Management
      Compensation Ceiling for Directors
6     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor, and Special Bonus
      for Family of Deceased Director


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

YAMAHA MOTOR CO. LTD.

Ticker:                      Security ID:  JP3942800008
Meeting Date: MAR 29, 2005   Meeting Type: Annual
Record Date:  DEC 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 14, Special JY 0
2     Amend Articles to: Reduce Directors' Term For       For        Management
      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
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       For        Management
      and Statutory Auditor
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors




========================= INTERNATIONAL OPPORTUNITIES ==========================


AALBERTS INDUSTRIES

Ticker:                      Security ID:  NL0000331346
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Report of Management Board        None      Did Not    Management
                                                          Vote
3     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
4     Receive Explanation of Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
5     Approve Dividend of EUR 0.70 Per Ordinary For       Did Not    Management
      Share                                               Vote
6     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
7     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
8     Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
9     Approve Remuneration Report Containing    For       Did Not    Management
      Remuneration Policy for Management Board            Vote
      Members
10    Authorize Repurchase of Ordinary and      For       Did Not    Management
      Financing Preference Shares Up to Ten               Vote
      Percent of Issued Share Capital
11    Ratify PricewaterhouseCoopers Accountants For       Did Not    Management
      N.V as Auditors                                     Vote
12    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
13    Close Meeting                             None      Did Not    Management
                                                          Vote


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

AGGREKO PLC

Ticker:                      Security ID:  GB0001478998
Meeting Date: APR 27, 2005   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 3.57 Pence Per  For       For        Management
      Share
4     Re-elect Philip Rogerson as Director      For       For        Management
5     Re-elect Nigel Northridge as Director     For       For        Management
6     Re-elect Derek Shepherd as Director       For       For        Management
7     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 2,680,000
9     Authorise 26,800,000 Shares for Market    For       For        Management
      Purchase


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

AKTIV KAPITAL ASA

Ticker:                      Security ID:  NO0003075004
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting; Designate      For       For        Management
      Inspector or Shareholder
      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
4     Approve Allocation of Income and          For       For        Management
      Dividends of NOK 3.50 Per Share
5     Approve Remuneration of Directors in the  For       For        Management
      Amount of NOK 300,000 for Chairman and
      NOK 150,000 for Other Directors; Approve
      Remuneration of Auditors in the Amount of
      NOK 432,133 for 2004
6     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
7     Approve Creation of NOK 2.4 Million Pool  For       Against    Management
      of Conditional Capital without Preemptive
      Rights
8     Amend Corporate Purpose                   For       For        Management
9     Elect Directors                           For       For        Management


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

ALGOMA STEEL INC.

Ticker:       AGA            Security ID:  CA01566M2040
Meeting Date: MAY 11, 2005   Meeting Type: Annual/Special
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Establish Range for Board Size (3 to 12   For       For        Management
      Directors)
2     Elect Steven Bowsher, Alex Davidson,      For       Abstain    Management
      Benjamin Duster, John Kallio, Marie
      Kelly, Patrick Lavelle, James Lawson,
      Charles Masson, Murray Nott, Francis
      Petro and Denis Turcotte as Directors
3     Ratify KPMG LLP as Auditors               For       For        Management
4     Approve Shareholder Rights Plan (Poison   For       Against    Management
      Pill)


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

ALTEN

Ticker:                      Security ID:  FR0000071946
Meeting Date: JUN 22, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
5     Reelect Laurent Schwarz as Director       For       Did Not    Management
                                                          Vote
6     Authorize Repurchase of Up to Four        For       Did Not    Management
      Percent of Issued Share Capital                     Vote
7     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 15.5 Million
8     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 15.5 Million
9     Authorize Board to Increase Capital in    For       Did Not    Management
      the Event Demand Exceeds Amounts Proposed           Vote
      in Items 7 and 8
10    Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent for Future Acquisitions                     Vote
11    Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
12    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
13    Authorize Up to 3 Percent of Issued       For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
14    Amend Articles Legal Changes Introduced   For       Did Not    Management
      by June 24, 2004 Legislation                        Vote
15    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

AM NV (FRMELY AMSTELLAND N.V. (FORMERLY NBM AMSTELLAND NV))

Ticker:                      Security ID:  NL0000389799
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Announcements                     None      Did Not    Management
                                                          Vote
3     Approve Minutes of Previous Meeting       For       Did Not    Management
                                                          Vote
4     Receive Report of Management Board        None      Did Not    Management
                                                          Vote
5     Discussion on Company's Corporate         None      Did Not    Management
      Governance                                          Vote
6     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
7     Receive Explanation on Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
8     Approve Dividend of EUR 0.43 Per Share    For       Did Not    Management
                                                          Vote
9a    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
9b    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
10    Consideration of Supervisory Board        None      Did Not    Management
      Profile                                             Vote
11    Approve Remuneration Report Containing    For       Did Not    Management
      Remuneration Policy for Management Board            Vote
      Members
12    Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
13    Ratify KPMG as Auditors                   For       Did Not    Management
                                                          Vote
14    Approve Increase in Size of Management    For       Did Not    Management
      Board                                               Vote
15    Amend Articles to Reflect Recommendations For       Did Not    Management
      of Dutch Corporate Governance Code and              Vote
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
16    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
17    Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Ordinary Shares Up to Ten              Vote
      Percent of Issued Share Capital
      Restricting/Excluding Preemptive Rights
18    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
19    Close Meeting                             None      Did Not    Management
                                                          Vote


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

AMANO CORP.

Ticker:                      Security ID:  JP3124400007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 13, Special JY 0
2     Amend Articles to: Reduce Maximum Board   For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management


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

AMINO TECHNOLOGIES PLC

Ticker:                      Security ID:  GB00B013SN63
Meeting Date: APR 22, 2005   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     Re-elect Stuart Darling as Director       For       For        Management
4     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
5     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 170,000
6     Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 50,000


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

AMINO TECHNOLOGIES PLC

Ticker:                      Security ID:  GB00B013SN63
Meeting Date: MAY 16, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise Issue of Equity or              For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 265,000
2     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 72,000 Pursuant to
      the Placing; and Otherwise up to GBP
      7,200


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

ANDRITZ AG

Ticker:                      Security ID:  AT0000730007
Meeting Date: MAR 30, 2005   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              For       Did Not    Management
                                                          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 Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote


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

APRIL GROUP

Ticker:                      Security ID:  FR0004037125
Meeting Date: APR 28, 2005   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     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.22 per Share                     Vote
4     Confirm Dividend Distributions for Past   For       Did Not    Management
      Three Fiscal Years                                  Vote
5     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
6     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 63,000                      Vote
7     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
8     Ratify Jean-Claude Augros as Supervisory  For       Did Not    Management
      Board Member                                        Vote
9     Appoint Gilles Pardi as Supervisory Board For       Did Not    Management
      Member                                              Vote
10    Appoint Vanessa Rousset as Supervisory    For       Did Not    Management
      Board Member                                        Vote
11    Reappoint Bruno Rousset as Supervisory    For       Did Not    Management
      Board Member                                        Vote
12    Reappoint Xavier Coquard as Supervisory   For       Did Not    Management
      Board Member                                        Vote
13    Reappoint Sylvie Roussillon as            For       Did Not    Management
      Supervisory Board Member                            Vote
14    Reappoint Bernard Belletante as           For       Did Not    Management
      Supervisory Board Member                            Vote
15    Reappoint Guy Rigaud as Supervisory Board For       Did Not    Management
      Member                                              Vote
16    Reappoint Federation Continentale as      For       Did Not    Management
      Supervisory Board Member                            Vote
17    Reappoint Philippe Marcel as Supervisory  For       Did Not    Management
      Board Member                                        Vote
18    Reappoint Jean Gatty as Supervisory Board For       Did Not    Management
      Member                                              Vote
19    Reappoint Gilles Dupin as Supervisory     For       Did Not    Management
      Board Member                                        Vote
20    Reappoint Jean-Claude Augros as           For       Did Not    Management
      Supervisory Board Member                            Vote
21    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote
22    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
23    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 10 Million
24    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 10 Million
25    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amount                Vote
      Proposed Above
26    Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 30 Million for Bonus Issue or             Vote
      Increase in Par Value
27    Allow Board to Issue Shares in the Event  For       Did Not    Management
      of a Public Tender Offer or Share                   Vote
      Exchange Offer
28    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
29    Authorize Up to Five Percent of Issued    For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote


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

ARBEIT-TIMES CO. LTD.

Ticker:                      Security ID:  JP3126180003
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     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 31, Special JY 0
2     Amend Articles to: Increase Authorized    For       Did Not    Management
      Capital from 44.9 Million to 136.7                  Vote
      Million Shares - Authorize Appointment of
      Alternate Statutory Auditors
3.1   Elect Director                            For       Did Not    Management
                                                          Vote
3.2   Elect Director                            For       Did Not    Management
                                                          Vote
3.3   Elect Director                            For       Did Not    Management
                                                          Vote
3.4   Elect Director                            For       Did Not    Management
                                                          Vote
3.5   Elect Director                            For       Did Not    Management
                                                          Vote
4     Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
5     Appoint Alternate Internal Statutory      For       Did Not    Management
      Auditor                                             Vote
6     Approve Deep Discount Stock Option Plan   For       Did Not    Management
                                                          Vote


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

AREALINK CO. LTD.

Ticker:                      Security ID:  JP3167620008
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 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 500, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Did Not    Management
      - Increase Authorized Capital from                  Vote
      222,720 to 447,000 Shares - Reduce
      Directors' Term in Office
3.1   Elect Director                            For       Did Not    Management
                                                          Vote
3.2   Elect Director                            For       Did Not    Management
                                                          Vote
3.3   Elect Director                            For       Did Not    Management
                                                          Vote
4     Appoint Internal Statutory Auditor        For       Did Not    Management
                                                          Vote
5     Approve Executive Stock Option Plan       For       Did Not    Management
                                                          Vote


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

ASHTEAD GROUP PLC

Ticker:                      Security ID:  GB0000536739
Meeting Date: SEP 20, 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 George Burnett  as Director      For       For        Management
3     Re-elect Sat Dhaiwal as Director          For       For        Management
4     Elect A Stenham as Director               For       For        Management
5     Elect Cliff Miller as Director            For       For        Management
6     Elect Hugh Etheridge as Director          For       For        Management
7     Elect Gary Iceton as Director             For       For        Management
8     Reappoint Deloitte and Touche LLP as      For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
9     Approve Remuneration Report               For       For        Management
10    Approve Ashtead Group Performance Share   For       For        Management
      Plan 2004
11    Approve Increase in Authorised Share      For       For        Management
      Capital to 9,000,000 Shares of 10 Pence
      Each
12    Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Preemptive
      Rights up to Aggregate Nominal Amount of
      GBP 10,855,218
13    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Preemptive Rights up to Aggregate Nominal
      Amount of GBP 1,628,282
14    Authorize 16,282,828 Shares for Market    For       For        Management
      Purchase


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

ASSOCIATED CEMENT COS., LTD.

Ticker:                      Security ID:  INE012A01025
Meeting Date: FEB 23, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Sale of Mancherial Cement Works   For       For        Management


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

AXALTO HOLDING NV

Ticker:                      Security ID:  NL0000400653
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Announcements                     None      Did Not    Management
                                                          Vote
3     Receive Report of Board of Directors      None      Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
5     Receive Explanation on Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
6a    Approve Discharge of Chief Executive      For       Did Not    Management
      Officer                                             Vote
6b    Approve Discharge of Non-Executive        For       Did Not    Management
      Members of Board of Directors                       Vote
7     Discussion on Corporate Governance        None      Did Not    Management
                                                          Vote
8     Approve Chief Executive Officer's         For       Did Not    Management
      Remuneration Policy                                 Vote
9     Approve Remuneration of Non-Executive     For       Did Not    Management
      Members of Board of Directors                       Vote
10    Elect K. Atkinson to Board of Directors   For       Did Not    Management
                                                          Vote
11    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
12    Reappoint PricewaterhouseCoopers          For       Did Not    Management
      Accountants N.V. as Auditors                        Vote
13    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

BANG & OLUFSEN A/S  (FORMERLY BANG & OLUFSEN HOLDING)

Ticker:                      Security ID:  DK0010218429
Meeting Date: SEP 29, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Receive Report of Board                   None      Did Not    Management
                                                          Vote
3     Receive and Accept Financial Statements   For       Did Not    Management
      and Statutory Reports                               Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5.1   Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
5.2   Approve Dividends of DKK 7 Per Share      For       Did Not    Management
                                                          Vote
6     Reelect Torsten Erik Rasmussen as         For       Did Not    Management
      Director; Elect Preben Damgaard Nielsen             Vote
      as New Director
7     Ratify PricewaterhouseCoopers and         For       Did Not    Management
      Deloitte as Auditors                                Vote
8     Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

BEIJING YANHUA PETROCHEMICAL

Ticker:       BYH            Security ID:  CN0009076349
Meeting Date: MAR 4, 2005    Meeting Type: Special
Record Date:  FEB 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement and Related      For       For        Management
      Amendment Agreement Between Sinopec
      Beijing Yanhua Petrochemical Co. Ltd. and
      Beijing Feitian Petrochemical Co. Ltd.,
      Execution of the Merger and Related
      Amendment Agreement and Transactions
      Contemplated Thereunder


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

BOYNER BUYUK MAGAZACILIK (FORMERLY CARSI BUYUK MAGAZACILIK).

Ticker:                      Security ID:  TRACARSI91J0
Meeting Date: APR 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
5     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
6     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
7     Elect Directors; Determine Their Terms of For       Did Not    Management
      Office and Elect Independent External               Vote
      Auditors
8     Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
9     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
10    Wishes                                    None      Did Not    Management
                                                          Vote


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

CHC HELICOPTER CORP.

Ticker:       FLY.SV.A       Security ID:  CA12541C2031
Meeting Date: MAR 28, 2005   Meeting Type: Special
Record Date:  FEB 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve 2:1 Stock Split of the Class A,   For       For        Management
      Class B and Ordinary Shares
2     Elect Guylaine Saucier as a Director      For       For        Management


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

CHINA TRAVEL INTERNATIONAL INVESTMENT HK LTD.

Ticker:                      Security ID:  HK0308001558
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAY 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       For        Management
3a1   Reelect Che Shujian as Director           For       For        Management
3a2   Reelect Lo Sui On as Director             For       For        Management
3a3   Reelect Chen Shoujie as Director          For       For        Management
3a4   Reelect Liu Li as Director                For       For        Management
3a5   Reelect Wong Man Kong, Peter as Director  For       For        Management
3a6   Reelect Sze, Robert Tsai To as Director   For       For        Management
3b    Authorize Board to Fix the Remuneration   For       For        Management
      of the Directors
4     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

CIMSA CIMENTO SANAYI VE TICARET AS

Ticker:                      Security ID:  TRACIMSA91F9
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
5     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Ratify Directors Appointed During the     For       Did Not    Management
      Year                                                Vote
8     Elect Internal Auditors, and Determine    For       Did Not    Management
      Their Terms of Office and Remuneration              Vote
9     Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
10    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose


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

COMPAGNIE INDUSTRIELLE ET FINANCIERE D'INGENIERIE (INGENICO)

Ticker:                      Security ID:  FR0000125346
Meeting Date: OCT 18, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
      Pursuant to Resolutions 11, 14, 21, and
      22 Approved at the April 20, 2004 Special
      Meeting
2     Authorize Capitalization of Reserves of   For       Did Not    Management
      Up to EUR 5 Million for Bonus Issue or              Vote
      Increase in Par Value
3     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 50 Million
4     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 50 Million
5     Authorize Capital Increase of Up to Ten   For       Did Not    Management
      Percent of Issued Share Capital for                 Vote
      Future Exchange Offers
6     Approve Capital Increase Reserved for     For       Did Not    Management
      Employees Participating in                          Vote
      Savings-Related Share Purchase Plan
7     Reserve Capital Increase to Employees and For       Did Not    Management
      Officers                                            Vote
8     Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
9     Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
10    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote
11    Elect Allan Green as Director             For       Did Not    Management
                                                          Vote
12    Elect Societe de Tayninh as Director      For       Did Not    Management
                                                          Vote


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

CORPORACION GEO S A DE CV

Ticker:                      Security ID:  MXP3142C1177
Meeting Date: APR 22, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Compliance with        For       Against    Management
      Corporate Governance Guidelines
2     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
3     Approve Minutes of Meeting                For       For        Management


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

CORPORACION GEO S A DE CV

Ticker:                      Security ID:  MXP3142C1177
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Present Financial Statements and          For       For        Management
      Statutory Reports Including Audit
      Committee's Report for Fiscal Year Ended
      12-31-04
2     Approve Financial Statements and          For       For        Management
      Statutory Reports
3     Approve Discharge of Management           For       For        Management
4     Approve Allocation of Income              For       For        Management
5     Set Aggregate Nominal Amount of Share     For       For        Management
      Repurchase Reserve
6     Elect Directors, Supervisory Board, and   For       For        Management
      Board Secretary
7     Approve Remuneration of Directors,        For       For        Management
      Supervisory Board, and Board Secretary
8     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
9     Approve Minutes of Meeting                For       For        Management


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

COSCO CORP (SINGAPORE) LTD (FRMLYCOSCO INVESTMENT (SINGAPORE

Ticker:                      Security ID:  SG1I12878506
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports for the Year Ended
      December 31, 2004
2     Declare Final Dividend of SGD 0.02 Per    For       For        Management
      Share
3     Approve Directors' Fees of SGD 140,000    For       For        Management
      for the Year Ended December 31, 2004
      (2003: SGD 140,000)
4     Reelect Sun Yueying as Director           For       Against    Management
5     Reelect Yao Hong as Director              For       For        Management
6     Reelect Tom Yee Lat Shing as Director     For       For        Management
7     Reappoint PricewaterhouseCoopers as       For       For        Management
      Auditors and Authorize Board to Fix Their
      Remuneration
8     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
9     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Cosco Group
      Employees Share Option Scheme 2002
10    Approve Mandate for Transactions with     For       For        Management
      Related Parties


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

COSCO CORP (SINGAPORE) LTD (FRMLYCOSCO INVESTMENT (SINGAPORE

Ticker:                      Security ID:  SG1I12878506
Meeting Date: NOV 18, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of a 51 Percent       For       For        Management
      Interest in Cosco Shipyard (group) Co.
      Ltd.


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

CSR PLC

Ticker:                      Security ID:  GB0034147388
Meeting Date: MAY 4, 2005    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 Ron Mackintosh as Director          For       For        Management
4     Elect John Scarisbrick as Director        For       For        Management
5     Re-elect James Collier as Director        For       For        Management
6     Re-elect Glenn Collinson as Director      For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Approve CSR Share Award Plan              For       For        Management
9     Amend CSR Plc Share Option Plan           For       For        Management
10    Authorise Directors to Establish Plans    For       For        Management
      Equivalent to CSR Share Award Plan for
      Overseas Employees
11    Approve EU Political Organisation         For       For        Management
      Donations and Incur EU Political
      Expenditure up to GBP 25,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 40,911.64
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,137.36
14    Authorise 6,137,360 Ordinary Shares for   For       For        Management
      Market Purchase


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

CYBER AGENT LTD

Ticker:                      Security ID:  JP3311400000
Meeting Date: DEC 18, 2004   Meeting Type: Annual
Record Date:  SEP 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 1400, Special JY 0
2     Amend Articles to: Expand Business Lines  For       For        Management
      - Decrease Authorized Capital to Reflect
      Share Repurchase
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
4     Approve Executive Stock Option Plan       For       For        Management


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

DENIZBANK A.S.

Ticker:                      Security ID:  TREDZBK00015
Meeting Date: MAR 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
5     Elect Internal Auditors and Determine     For       Did Not    Management
      Their Terms of Office                               Vote
6     Approve Remuneration of Internal Auditors For       Did Not    Management
                                                          Vote
7     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
8     Ratify KPMG - Akis Serbest Muhasebeci     For       Did Not    Management
      Mali Musavirlik A.S. as Independent                 Vote
      External Auditors
9     Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
10    Authorize Issuance of Bonds and/or        For       Did Not    Management
      Commercial Papers                                   Vote
11    Wishes                                    None      Did Not    Management
                                                          Vote


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

DEUTSCHE EUROSHOP AG

Ticker:                      Security ID:  DE0007480204
Meeting Date: JUN 23, 2005   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 1.92 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2004                                Vote
5     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members in the Amount of EUR 30,000 for             Vote
      Chairman, EUR 22,500 for Vice-Chairman,
      and EUR 15,000 for Remaining Board
      Members
6     Ratify BDO Deutsche Warentreuhand AG as   For       Did Not    Management
      Auditors for 2005                                   Vote


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

DIS DEUTSCHER INDUSTRIE SERVICE AG

Ticker:                      Security ID:  DE0005016901
Meeting Date: MAY 3, 2005    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 0.80 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify PwC Deutsche Revision AG as        For       Did Not    Management
      Auditors for Fiscal 2005                            Vote
6     Elect Martin Hennerici to the Supervisory For       Did Not    Management
      Board                                               Vote
7     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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

DOGAN YAYIN HOLDING

Ticker:                      Security ID:  TRADYHOL91Q7
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Authorize Board To Increase Authorized    For       Did Not    Management
      Capital To TRL 550 Trillion; Amend                  Vote
      Articles 2-4, 7-35 Accordingly; Add
      Articles 37-39 To Company Bylaws
4     Receive Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
5     Ackowledge Donations Made in Financial    For       Did Not    Management
      Year 2003                                           Vote
6     Ratify Balance Sheet and Income Statement For       Did Not    Management
      for Fiscal Year 2003                                Vote
7     Approve Discharge of Board And Auditors   For       Did Not    Management
                                                          Vote
8     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
9     Elect Directors For Fiscal Year 2004      For       Did Not    Management
                                                          Vote
10    Elect Board of Auditors For Fiscal Year   For       Did Not    Management
      2004                                                Vote
11    Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
12    Ratify Appointment of Independent         For       Did Not    Management
      External Auditors                                   Vote
13    Authorize Issuance of Bonds/Debentures    For       Did Not    Management
      Within the Limit Set By Turkish Capital             Vote
      Market Law and Article 10 of the
      Company's Bylaws
14    Grant Permission for Board Members to     For       Did Not    Management
      Individually Sign on Behalf of Company              Vote
      and Be Involved with Companies with
      Similar Corporate Purpose
15    Wishes                                    None      Did Not    Management
                                                          Vote


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

DOGAN YAYIN HOLDING

Ticker:                      Security ID:  TRADYHOL91Q7
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Amend Articles Re: Issued Capital         For       Did Not    Management
                                                          Vote
4     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
5     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
6     Accept Financial Statements               For       Did Not    Management
                                                          Vote
7     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
8     Approve Dividends                         For       Did Not    Management
                                                          Vote
9     Elect Directors                           For       Did Not    Management
                                                          Vote
10    Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
11    Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
12    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
13    Approve Board Powers Re: Exchange of      For       Did Not    Management
      Shares and Assets                                   Vote
14    Authorize Issuance of Bonds and/or        For       Did Not    Management
      Commercial Papers                                   Vote
15    Approve Distribution of Advance Dividends For       Did Not    Management
                                                          Vote
16    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
17    Accept Disclosure Report                  For       Did Not    Management
                                                          Vote
18    Wishes                                    None      Did Not    Management
                                                          Vote


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

DOMINO PRINTING SCIENCES PLC

Ticker:                      Security ID:  GB0002748050
Meeting Date: MAR 17, 2005   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 Peter Byrom as Director          For       For        Management
5     Re-elect Jerry Smith as Director          For       For        Management
6     Re-elect Peter Jensen as Director         For       For        Management
7     Re-elect Nigel Bond as Director           For       For        Management
8     Re-elect William Everitt as Director      For       For        Management
9     Re-elect Philip Ruffles as Director       For       For        Management
10    Re-elect David Cope as Director           For       For        Management
11    Re-elect Garry Havens as Director         For       For        Management
12    Re-elect Andrew Herbert as Director       For       For        Management
13    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
14    Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 1,645,477
15    Authorise 15,906,284 Shares for Market    For       For        Management
      Purchase
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 274,246


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

ECI TELECOM LTD.

Ticker:       ECIL           Security ID:  268258100
Meeting Date: APR 11, 2005   Meeting Type: Special
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE COMPENSATION OF MR. CRAIG For       Did Not    Management
      EHRICH                                              Vote
2     APPROVAL OF THE SALE TO ABN AMRO BANK     For       Did Not    Management
      N.V. OF LONG-TERM NOTES (NO PERSONAL                Vote
      INTEREST)
3     APPROVAL OF THE SALE TO ABN AMRO BANK     For       Did Not    Management
      N.V. OF LONG-TERM NOTES (HAVE A PERSONAL            Vote
      INTEREST)


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

EKORNES ASA

Ticker:                      Security ID:  NO0003035305
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Prepare List of Shareholders; Approve     For       Did Not    Management
      Notice of Meeting and Agenda                        Vote
2     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
3.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3.2   Approve Allocation of Income and          For       Did Not    Management
      Dividends of NOK 7.50 Per Share                     Vote
4     Approve Remuneration of Directors (NOK    For       Did Not    Management
      200,000 for Chairman and NOK 100,000 for            Vote
      Other Board Members); Approve
      Remuneration of Nominating Committee (NOK
      30,000 for Chairman and NOK 20,000 For
      Other Members); Approve Remuneration of
      Auditors (NOK 566,000)
5     Reelect Torger Reve and Berit Svendsen as For       Did Not    Management
      Directors                                           Vote
6     Authorize Repurchase of Up to 1 Percent   For       Did Not    Management
      of Issued Share Capital For 2005 Employee           Vote
      Bonus Plan and For 2000 Stock Option Plan


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

ELEKTA AB

Ticker:                      Security ID:  SE0000163628
Meeting Date: SEP 21, 2004   Meeting Type: Annual
Record Date:  SEP 10, 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 Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
8     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
9     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
10    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
11    Determine Number of Members (6) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
12    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 500,000 for Chairman and              Vote
      SEK 220,000 for Each Other Director;
      Approve Remuneration of Auditors
13    Reelect Akbar Seddigh, Magnus Schmidt,    For       Did Not    Management
      Carl Palmstierna, Tommy Karlsson, Laurent           Vote
      Leksell, and Hans Barella as Directors
14    Ratify Deloitte & Touche as Auditors      For       Did Not    Management
                                                          Vote
15    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital and Reissuance of           Vote
      Repurchased Shares
16    Approve Stock Option Plan for Key         For       Did Not    Management
      Employees; Approve Creation of SEK 3.7              Vote
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
17.1  Shareholder Proposal: Authorize General   Against   Did Not    Shareholder
      Meeting to Elect Members of Nominating              Vote
      Committee
17.2  Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Three to Five of                 Vote
      Company's Largest Shareholders to Serve
      on Nominating Committee
18    Shareholder Proposal: Question to Board   None      Did Not    Shareholder
      Concerning Remuneration Committee Report            Vote
19    Shareholder Proposal: Authorize Board to  None      Did Not    Shareholder
      Establish an Audit Committee                        Vote


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

ELLERINE HOLDINGS LTD.

Ticker:                      Security ID:  ZAE000022752
Meeting Date: DEC 10, 2004   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended Aug. 31, 2004
2     Ratify Reappointment of Grant Thornton as For       For        Management
      Auditors
3.1   Reelect T.J. Chalmers as Director         For       Against    Management
3.2   Reelect D.S. McGlashan as Director        For       Against    Management
3.3   Reelect P.J.C. Squires as Director        For       Against    Management
3.4   Reelect S. Zungu as Director              For       Against    Management
4     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital
5     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
6     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 15
      Percent of Issued Capital


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

EN-JAPAN INC.

Ticker:                      Security ID:  JP3168700007
Meeting Date: MAR 29, 2005   Meeting Type: Annual
Record Date:  DEC 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 1500, Special JY 0
2     Amend Articles to: Increase Maximum Board For       For        Management
      Size
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management


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

EPS CO. LTD.

Ticker:                      Security ID:  JP3130770005
Meeting Date: DEC 22, 2004   Meeting Type: Annual
Record Date:  SEP 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 500,
      Final JY 1000, Special JY 0
2     Amend Articles to: Delete Obsolete        For       For        Management
      Language Inserted into Articles in
      Connection with Extension of Statutory
      Auditors' Term in Office
3     Appoint Internal Statutory Auditor        For       Against    Management
4     Approve Executive Stock Option Plan       For       For        Management


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

EREGLI DEMIR VE CELIK FABRIKALARI

Ticker:                      Security ID:  TRAEREGL91G3
Meeting Date: AUG 24, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Amend Articles Re: Production of Energy   For       Did Not    Management
                                                          Vote
4     Wishes                                    None      Did Not    Management
                                                          Vote


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

EREGLI DEMIR VE CELIK FABRIKALARI

Ticker:                      Security ID:  TRAEREGL91G3
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
3     Accept Board and Statutory Reports        For       Did Not    Management
                                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Allocation of Income                                Vote
5     Ratify Directors Appointed During the     For       Did Not    Management
      Year                                                Vote
6     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
8     Elect Directors                           For       Did Not    Management
                                                          Vote
9     Elect Internal Auditors                   For       Did Not    Management
                                                          Vote
10    Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
11    Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
12    Amend Articles Re: Company Name and       For       Did Not    Management
      General Meeting Announcement and Voting             Vote
      Producedures
13    Wishes                                    None      Did Not    Management
                                                          Vote


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

EVS BROADCAST EQUIPMENT SA

Ticker:                      Security ID:  BE0003738524
Meeting Date: APR 22, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Five-for-One Stock Split and      For       Did Not    Management
      Amend Article 5 Accordingly                         Vote
2     Authorize Implementation of Approved      For       Did Not    Management
      Resolutions and Filing of Required                  Vote
      Documents/Formalities at Trade Registry


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

EVS BROADCAST EQUIPMENT SA

Ticker:                      Security ID:  BE0003738524
Meeting Date: JAN 14, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Information on Profit Sharing     None      Did Not    Management
      Plan                                                Vote
2     Approve Profit Sharing Plan Benefitting   For       Did Not    Management
      Up to 130 Company Employees; Fix Number             Vote
      of Shares That Could Be Allocated to Each
      Beneficiary at 40


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

EVS BROADCAST EQUIPMENT SA

Ticker:                      Security ID:  BE0003820371
Meeting Date: JUN 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorize Board to Repurchase Shares in   For       Did Not    Management
      the Event of a Public Tender Offer or               Vote
      Share Exchange Offer
2     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
3     Amend Articles of Associations To Reflect For       Did Not    Management
      Above Changes                                       Vote
4     Authorize Implementation of Share         For       Did Not    Management
      Repurchase Authorities and Related                  Vote
      Formalities


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

EVS BROADCAST EQUIPMENT SA

Ticker:                      Security ID:  BE0003738524
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' Reports                For       Did Not    Management
                                                          Vote
2     Receive Auditors' Reports                 For       Did Not    Management
                                                          Vote
3     Approve Financial Statements, Allocation  For       Did Not    Management
      of Income and Dividends of EUR 1 per                Vote
      Share
4     Approve Discharge of Directors and        For       Did Not    Management
      Auditors                                            Vote
5     Reelect Jean Dumbruch as Director         For       Did Not    Management
                                                          Vote
1a    Authorize Board to Repurchase Shares in   For       Did Not    Management
      the Event of a Public Tender Offer or               Vote
      Share Exchange Offer
1b    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
1c    Amend Articles to Reflect Above Changes   For       Did Not    Management
                                                          Vote
1d    Authorize Implementation of Share         For       Did Not    Management
      Repurchase Authorities and Related                  Vote
      Formalities


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

EXCEL COAL LTD

Ticker:                      Security ID:  AU000000EXL4
Meeting Date: NOV 4, 2004    Meeting Type: Annual
Record Date:  NOV 2, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2     Elect JC Conde as Director                For       For        Management
3     Elect TW Williamson as Director           For       Against    Management
4     Reelect RB Massy-Greene as Director       For       For        Management
5     Reelect AH Plummer as Director            For       For        Management


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

EXTENDICARE INC.

Ticker:       EXE.SV         Security ID:  CA30224T8712
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Derek H.L. Buntain         For       For        Management
1.2   Elect Director H. Michael Burns           For       For        Management
1.3   Elect Director Malen S. Ng                For       For        Management
1.4   Elect Director Michael J.L. Kirby         For       For        Management
1.5   Elect Director Alvin G. Libin             For       For        Management
1.6   Elect Director Charles H. Roadman II      For       For        Management
2     Approve KPMG LLP as Auditors and          For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors


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

FIRST CHOICE HOLIDAYS PLC

Ticker:                      Security ID:  GB0006648827
Meeting Date: MAR 10, 2005   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 3.75 Pence Per  For       For        Management
      Share
4     Re-elect Peter Long as Director           For       For        Management
5     Re-elect Tony Campbell as Director        For       For        Management
6     Re-elect Simon Barcelo as Director        For       For        Management
7     Elect Paul Bowtell as Director            For       For        Management
8     Elect William Dalton as Director          For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise Board to Fix Remuneration of
      Auditors
10    Approve First Choice Performance Share    For       For        Management
      Plan
11    Approve Deferred Annual Bonus Scheme      For       For        Management
12    Amend Senior Executive Plan Re:           For       Against    Management
      Performance Targets
13    Amend Restricted Share Plan Re:           For       Against    Management
      Performance Targets
14    Approve Five-Year Performance Bonus for   For       For        Management
      the Chief Executive
15    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 5,278,408.50 in Addition to the
      Authority in Respect of 105,000,000
      Ordinary Shares Passed by Resolution at
      the EGM on 10 July 2000
16    Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 791,761.26 in
      Addition to the Authority in Respect of
      105,000,000 Ordinary Shares Passed by
      Resolution at the EGM on 10 July 2000


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

FIRST JUKEN CO. LTD.

Ticker:                      Security ID:  JP3802230007
Meeting Date: JAN 28, 2005   Meeting Type: Annual
Record Date:  OCT 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 14, Special JY 0
2     Amend Articles to: Increase Authorized    For       For        Management
      Capital from 64 Million to 67.6 Million
      Shares
3.1   Appoint Internal Statutory Auditor        For       For        Management
3.2   Appoint Internal Statutory Auditor        For       For        Management


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

FOURLIS SA(FORMERLY FOURLIS BROTHERS CORP)

Ticker:                      Security ID:  GRS096003009
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Receive Consolidated Financial Statements None      Did Not    Management
      and Statutory Reports                               Vote
3     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
4     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
5     Approve Dividends for Year Ended December For       Did Not    Management
      31, 2004                                            Vote
6     Approve Discharge of Board and Auditors   For       Did Not    Management
      for 2004                                            Vote
7     Approve Principal and Substitute Auditors For       Did Not    Management
      and Authorize Board to Fix Their                    Vote
      Remuneration
8     Ratify Election of Directors in           For       Did Not    Management
      Replacement of Resigned Members of the              Vote
      Board
9     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
10    Authorize Issuance of Bonds Up to EUR 15  For       Did Not    Management
      Million                                             Vote
11    Approve Transfer of Company's             For       Did Not    Management
      Headquarters; Amend Article Accordingly             Vote
12    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

FRED OLSEN ENERGY ASA

Ticker:                      Security ID:  NO0003089005
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting; Designate      For       Did Not    Management
      Inspector or Shareholder                            Vote
      Representative(s) of Minutes of Meeting;
      Approve Notice of Meeting and Agenda
2     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3     Approve Remuneration of Directors         For       Did Not    Management
                                                          Vote
4     Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
5     Approve Creation of Pool of Conditional   For       Did Not    Management
      Capital for Issuance of 30 Million Shares           Vote
      without Preemptive Rights
6     Reelect Anette Olsen, John Wallace, and   For       Did Not    Management
      Ivar Saunes as Directors                            Vote


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

FUNKWERK AG

Ticker:                      Security ID:  DE0005753149
Meeting Date: MAY 18, 2005   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 0.35 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify Roedl & Partner GmbH as Auditors   For       Did Not    Management
      for Fiscal 2005                                     Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
7     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees; Approve Creation of EUR                  Vote
      367,965 Pool of Conditional Capital to
      Guarantee Conversion Rights
8     Amend Articles Re: Calling of,            For       Did Not    Management
      Registration for, and Conducting of                 Vote
      Shareholder Meetings due to Pending
      Changes in German Law (Law on Company
      Integrity and Modernization of
      Shareholder Lawsuits)


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

GALENICA AG (FOMERLY GALENICA HOLDING AG)

Ticker:                      Security ID:  CH0015536466
Meeting Date: MAY 19, 2005   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 25.4 Million Reduction in     For       Did Not    Management
      Share Capital Via Reduction in Par Value            Vote
      and Repayment of CHF 3.90 to Shareholders
5     Amend Articles Re: Threshold for          For       Did Not    Management
      Submitting Shareholder Proposals                    Vote
6.1   Reelect Paul Fasel and Etienne Jornod as  For       Did Not    Management
      Directors                                           Vote
6.2   Ratify Ernst & Young Ltd. as Auditors     For       Did Not    Management
                                                          Vote


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

GRENKELEASING AG

Ticker:                      Security ID:  DE0005865901
Meeting Date: MAY 3, 2005    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 0.40 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify Ernst & Young as Auditors for      For       Did Not    Management
      Fiscal 2005                                         Vote
6     Reelect Brigitte Straeter and Dieter      For       Did Not    Management
      Muench to the Supervisory Board; Elect              Vote
      Erwin Staudt and Oliver Nass to the
      Supervisory Board
7     Approve Creation of EUR 8.5 Million Pool  For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
8     Amend Articles Re: Calling of and         For       Did Not    Management
      Registration for Shareholder Meetings due           Vote
      to Proposed Changes in German Law
      (Company Integrity and Modernization of
      Shareholder Lawsuits Regulation)


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

GRUPO AEROPORTUARIO DEL SURESTE, S.A. DE C.V.

Ticker:                      Security ID:  40051E202
Meeting Date: FEB 7, 2005    Meeting Type: Special
Record Date:  JAN 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF FERNANDO CHICO PARDO S        For       Against    Management
      REQUEST TO ACQUIRE 25.5% OF THE EQUITY OF
      INVERSIONES Y TECNICAS AEROPORTUARIAS,
      S.A. DE C.V. (ITA), ASUR S STRATEGIC
      PARTNER, CURRENTLY OWNED BY NACIONAL
      FINANCIERA (NAFIN), THEREBY SUBSTITUTING
      NAFIN AS THE MEXICAN PA
2     APPOINTMENT OF DELEGATES IN ORDER TO      For       For        Management
      FORMALIZE THE RESOLUTIONS ADOPTED IN THIS
      GENERAL SHAREHOLDERS  MEETING.


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

HEIJMANS

Ticker:                      Security ID:  NL0000341931
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Announcements                     None      Did Not    Management
                                                          Vote
3a    Clarification by Executive Board on       None      Did Not    Management
      Annual Report                                       Vote
3b    Discussion about Supervisory Board's      None      Did Not    Management
      Report                                              Vote
4a    Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
4b    Receive Explanation on Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
4c    Approve Allocation of Income and          For       Did Not    Management
      Dividends                                           Vote
4d    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4e    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Receive Explanation of Company's          None      Did Not    Management
      Corporate Governance Structure                      Vote
6     Amend Articles to Reflect Recommendations For       Did Not    Management
      of Dutch Corporate Governance Code and              Vote
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
7     Approve Cancellation of Cumulative        For       Did Not    Management
      Preference Shares A                                 Vote
8     Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
9     Discussion on Supervisory Board Profile   None      Did Not    Management
                                                          Vote
10    Reelect J.L. Brentjens and N.H. Douben to For       Did Not    Management
      Supervisory Board                                   Vote
11    Authorize Executive Board to Set Record   For       Did Not    Management
      Date for a Period of Five Years                     Vote
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Ordinary and Financing                    Vote
      Preference Shares
13a   Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued  Financing Preference and              Vote
      Ordinary Shares Up to 10 Percent of
      Issued Share Capital (20 Percent in
      Connection with Merger or Acquisition);
      Authorize Board to Issue Preference
      Shares
13b   Authorize Board to Exclude Preemptive     For       Did Not    Management
      Rights from Issuance of Ordinary and                Vote
      Financing Preference Shares Under Item
      13a
14    Close Meeting                             None      Did Not    Management
                                                          Vote


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

HIQ INTERNATIONAL AB

Ticker:                      Security ID:  SE0000461709
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting                 For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
4     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
5     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
6     Receive Report by President               None      Did Not    Management
                                                          Vote
7     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
8a    Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8b    Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 1.30 Per Share                     Vote
8c    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
9     Determine Number of Members and Deputy    For       Did Not    Management
      Members of Board                                    Vote
10    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 1.05 Million                Vote
11    Reelect Ken Gerhardsen, Lars Stugemo,     For       Did Not    Management
      Carl Bildt, Anders Ljungh, Leija Swaerd,            Vote
      Christina Ragsten Pettersson, and Jukka
      Norokorpi as Directors
12    Approve Stock Option Plan for Key         For       Did Not    Management
      Employees; Approve Creation of SEK                  Vote
      125,000 Pool of Conditional Capital to
      Guarantee Conversion Rights
13    Approve Creation of Pool of Conditional   For       Did Not    Management
      Capital Consisting of 4.9 Million Shares            Vote
      without Preemptive Rights
14    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of the Company's Largest            Vote
      Shareholders to Serve on Nominating
      Committee
15    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote


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

HITACHI KOKI CO. LTD.

Ticker:                      Security ID:  JP3787400005
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 9,
      Final JY 10, Special JY 1
2     Amend Articles to: Cancel Year-End        For       For        Management
      Closure of Shareholder Register -
      Authorize Public Announcements in
      Electronic Format
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       Against    Management
4.2   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Retirement Bonuses for Statutory  For       Against    Management
      Auditors
6     Approve Executive Stock Option Plan       For       For        Management


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

HOME CAPITAL GROUP INC

Ticker:       HCG            Security ID:  CA4369131079
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Norman F. Angus            For       For        Management
1.2   Elect Director William G. Davis           For       For        Management
1.3   Elect Director William A. Dimma           For       For        Management
1.4   Elect Director Janet L. Ecker             For       For        Management
1.5   Elect Director Harvey F. Kolodny          For       For        Management
1.6   Elect Director John M.E. Marsh            For       Withhold   Management
1.7   Elect Director Robert A. Mitchell         For       For        Management
1.8   Elect Director Gerald M. Soloway          For       For        Management
2     Approve Ernst & Young LLP as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors


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

HUGO BOSS AG

Ticker:                      Security ID:  DE0005245534
Meeting Date: MAY 11, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Special Resolution for Preferred          For       Did Not    Management
      Shareholders: Authorize Share Repurchase            Vote
      Program and Reissuance of Repurchased
      Shares


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

HYFLUX

Ticker:                      Security ID:  SG1J47889782
Meeting Date: APR 28, 2005   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 First and Final Dividend of SGD   For       Against    Management
      0.0127 Per Share for the Year Ended Dec
      31, 2004
3     Reelect Teo Kiang Kok as Director         For       For        Management
4     Reelect Christopher Murugasu as Director  For       For        Management
5     Approve Directors' Fees of SGD 235,000    For       For        Management
      for the Year Ended Dec 31, 2004 (2003:
      SGD 242,500)
6     Reappoint Ernst & Young as Auditors and   For       For        Management
      Authorize Board to Fix Their Remuneration
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8     Approve Issuance of Shares and Grant of   For       Against    Management
      Options Pursuant to the Hyflux Employees
      Share Option Scheme
9     Approve Stock Option Plan Grants to       For       Against    Management
      Olivia Lum


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

HYFLUX

Ticker:                      Security ID:  SG1J47889782
Meeting Date: APR 8, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Share Subscription Agreement and  For       Did Not    Management
      Side Letter for the Subscription by                 Vote
      Istithmar PJSC (Istithmar) of
      Approximately 23.7 Million New Ordinary
      Shares in the Capital of the Company at a
      Cash Subscription Price of SGD 1.5 per
      Subscription Share
2     Approve Warrant Subscription Agreement    For       Did Not    Management
      and Side Letter for the Subscription by             Vote
      Istithmar of Approximately 42.4 Million
      Warrants


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

IMPRESA SGPS SA

Ticker:                      Security ID:  PTIPR0AM0000
Meeting Date: APR 20, 2005   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 and       For       Did Not    Management
      Supervisory Boards                                  Vote
4     Ratify the Appointment of a Director      For       Did Not    Management
                                                          Vote
5     Approve an Alternate Official Revisor of  For       Did Not    Management
      Accounts                                            Vote


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

INTERPUMP GROUP SPA

Ticker:       IPGLY          Security ID:  IT0001078911
Meeting Date: OCT 16, 2004   Meeting Type: Special
Record Date:  OCT 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Cancellation of 4.1 Million       For       Did Not    Management
      Company Treasury Shares and Reduce                  Vote
      Outstanding Capital Accordingly
1     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
2     Fix Number of Directors on the Board;     For       Did Not    Management
      Elect Directors;  Determine Directors'              Vote
      Term


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

J-OIL MILLS INC. (FORMERLY HONEN AJINOMOTO OIL MILLS)

Ticker:                      Security ID:  JP3840000008
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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 1
2     Amend Articles to: Amend 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
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       For        Management
4.4   Appoint Internal Statutory Auditor        For       Against    Management
4.5   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Retirement Bonuses for Director   For       For        Management
      and Statutory Auditor


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

JAYA HOLDINGS LTD.

Ticker:                      Security ID:  SG1I07878305
Meeting Date: JUN 17, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Mandate for Transactions with     For       For        Management
      Related Parties


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

JAYA HOLDINGS LTD.

Ticker:                      Security ID:  SG1I07878305
Meeting Date: OCT 29, 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 0.025 Per   For       For        Management
      Share
3     Approve Directors' Fees of SGD 237,500    For       For        Management
      for the Year Ended June 30, 2004
4     Reelect Khong Lai Cheong as Director      For       For        Management
5     Reelect Yip Jon Khiam as Director         For       For        Management
6     Reelect Ahmad Zubair @ Ahmad Zubir bin    For       For        Management
      Haji Murshid as Director
7     Reelect Martin Giles Manen as Director    For       For        Management
8     Reelect Ahmad Tajuddin bin Ali as         For       For        Management
      Director
9     Reappoint Ernst & Young Auditors and      For       For        Management
      Authorize Board to Fix Their Remuneration
10    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights


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

JM AB

Ticker:                      Security ID:  SE0000806994
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Elect Chairman of Meeting   For       Did Not    Management
                                                          Vote
2     Prepare and Approve List of Shareholders  For       Did Not    Management
                                                          Vote
3     Designate Inspector or Shareholder        For       Did Not    Management
      Representative(s) of Minutes of Meeting             Vote
4     Acknowledge Proper Convening of Meeting   For       Did Not    Management
                                                          Vote
5     Approve Agenda of Meeting                 For       Did Not    Management
                                                          Vote
6     Receive Board and President's Reports;    None      Did Not    Management
      Receive Financial Statements and                    Vote
      Statutory Reports
7     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8     Approve Allocation of Income and          For       Did Not    Management
      Dividends of SEK 7 Per Share                        Vote
9     Approve Record Date (May 3) for Dividend  For       Did Not    Management
                                                          Vote
10    Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
11    Determine Number of Members (8) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
12    Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of SEK 500,000 for Chairman and              Vote
      SEK 225,000 for Other Directors; Approve
      Remuneration for Committee Work in the
      Aggregate Amount of SEK 300,000
13    Approve Remuneration of Auditors          For       Did Not    Management
                                                          Vote
14    Receive Report about Director Nominees'   None      Did Not    Management
      Other Board Memberships                             Vote
15    Reelect Elisbet Annell, Bengt Larsson,    For       Did Not    Management
      Berthold Lindqvist, Johan Skoglund, and             Vote
      Torbjoern Torell as Directors; Elect Jens
      Engwall, Eva-Britt Gustafsson, and Lars
      Lundquist (Chairman) as New Directors
16    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
17.1  Approve SEK 18.7 Reduction in Share       For       Did Not    Management
      Capital via Share Cancellation                      Vote
17.2  Amend Articles Re: Auhtorize Issuance of  For       Did Not    Management
      Up to 4.7 Million Class C Shares                    Vote
17.3  Approve Issuance of 4.7 Million Class C   For       Did Not    Management
      Shares                                              Vote
17.4  Approve SEK 18.7 Million Reduction in     For       Did Not    Management
      Share Capital via Cancellation of Class C           Vote
      Shares (4.7 Million Shares)


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

JUST GROUP LTD

Ticker:                      Security ID:  AU000000JST6
Meeting Date: NOV 23, 2004   Meeting Type: Annual
Record Date:  NOV 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Jonathan Pinshaw as Director        For       For        Management
2b    Elect Laura Anderson as Director          For       For        Management
2c    Elect Ian Pollard as Director             For       For        Management
2d    Elect Alison Watkins as Director          For       For        Management


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

KENNEDY-WILSON JAPAN

Ticker:                      Security ID:  JP3281630008
Meeting Date: MAR 24, 2005   Meeting Type: Annual
Record Date:  DEC 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 1500, Special JY 0
2     Amend Articles to: Change Company Name to For       For        Management
      Kenedix Inc. - Expand Business Lines
3     Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       Against    Management
6     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Directors and
      Statutory Auditors


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

KOBENHAVNS LUFTHAVNE

Ticker:                      Security ID:  DK0010201102
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Discharge of Management and Board For       For        Management
4     Approve Allocation of Income and          For       For        Management
      Dividends of DKK 35.58 Per Share
5.1   Approve DKK 48.2 Million Reduction in     For       For        Management
      Share Capital via Share Cancellation
5.2   Amend Articles Re: Set Number of Auditors For       For        Management
      (One)
5.3   Amend Articles Re: Amend Corporate        For       For        Management
      Purpose; Remove Requirement that Certain
      Resolutions Must Be Approved By Minister
      of Transport
5.4   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Elect Rolf Boerjesson, Henrik Guertler,   For       For        Management
      Bjarne Hansen, Ole Gjessoe Andersen,
      Annette Sadolin, and Ivar Samren as
      Directors
7     Ratify PricewaterhouseCoopers as Auditors For       For        Management
8     Other Business (Non-Voting)               None      None       Management


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

KRONES AG

Ticker:                      Security ID:  DE0006335003
Meeting Date: JUN 22, 2005   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 1.30 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance or Cancellation of Repurchased           Vote
      Shares
6     Approve Merger by Absorption of Anton     For       Did Not    Management
      Steinecker Maschinenfabrik GmbH                     Vote
7     Approve Merger by Absorption of Syskron   For       Did Not    Management
      GmbH                                                Vote
8     Ratify Bayerische Treuhandgesellschaft AG For       Did Not    Management
      as Auditors for Fiscal 2005                         Vote


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

MACARTHUR COAL LTD

Ticker:                      Security ID:  AU000000MCC0
Meeting Date: NOV 18, 2004   Meeting Type: Annual
Record Date:  NOV 16, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Keith De Lacy as Director           For       For        Management
2     Elect Don Nissen as Director              For       For        Management
3     Approve Remuneration of Non-Executive     For       For        Management
      Directors in the Amount of AUD 350,000
      Per Annum
4     Approve Grant of Shares to Non-Executive  For       For        Management
      Directors in the Amount of AUD 10,000
      Each Director Per Annum in Lieu of
      Director's Fees


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

MASSMART HOLDINGS LIMITED

Ticker:                      Security ID:  ZAE000029534
Meeting Date: DEC 7, 2004    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports for Year Ended June 30, 2004
2     Reelect J.C. Hodkinson as Director        For       For        Management
3     Reelect P. Langeni as Director            For       For        Management
4     Approve Remuneration of Directors         For       For        Management
5     Ratify Reappintment of Deloitte and       For       For        Management
      Touche  as Auditors
6     Place Authorized But Unissued Shares      For       For        Management
      under Control of Directors
7     Approve Issuance of Shares without        For       For        Management
      Preemptive Rights up to a Maximum of 5
      Percent of Issued Capital
8     Authorize Repurchase of Up to 20 Percent  For       For        Management
      of Issued Share Capital


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

MIGROS TURKEY

Ticker:                      Security ID:  TRAMIGRS91J6
Meeting Date: APR 8, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Presiding Council of Meeting        For       Did Not    Management
                                                          Vote
2     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
3     Approve Discharge of Board and Internal   For       Did Not    Management
      Auditors                                            Vote
4     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
5     Elect Directors and Determine Their Terms For       Did Not    Management
      of Office                                           Vote
6     Elect Internal Auditors and Determine     For       Did Not    Management
      Their Terms of Office                               Vote
7     Approve Remuneration of Directors and     For       Did Not    Management
      Internal Auditors                                   Vote
8     Approve Donations Made in Financial Year  For       Did Not    Management
      2004                                                Vote
9     Ratify Independent External Auditors      For       Did Not    Management
                                                          Vote
10    Amend Articles Re: Corporate Purpose,     For       Did Not    Management
      Capital, Reponsibilities of Board of                Vote
      Directors, Allocation of Income, and
      Announcements
11    Grant Permission for Board Members to     For       Did Not    Management
      Engage in Commercial Transactions with              Vote
      Company and Be Involved with Companies
      with Similar Corporate Purpose
12    Authorize Presiding Council to Sign       For       Did Not    Management
      Minutes of Meeting                                  Vote
13    Wishes                                    None      Did Not    Management
                                                          Vote


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

MORGAN CRUCIBLE COMPANY PLC (THE)

Ticker:                      Security ID:  GB0006027295
Meeting Date: APR 22, 2005   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     Re-elect Lars Kylberg as Director         For       For        Management
4     Re-elect Mark Robertshaw as Director      For       For        Management
5     Re-elect Martin Flower as Director        For       For        Management
6     Re-elect Simon Heale as Director          For       For        Management
7     Re-elect Hartmut Eisele as Director       For       For        Management
8     Re-elect Mark Lejman as Director          For       For        Management
9     Reappoint KPMG Audit Plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 24,187,624
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,628,143.50
12    Authorise 28,996,123 Ordinary Shares for  For       For        Management
      Market Purchase


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

MOTHERCARE PLC (FORMERLY STOREHOUSE PLC)

Ticker:                      Security ID:  GB0009067447
Meeting Date: JUL 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 Final Dividend of 4 Pence Per     For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Elect Karren Brady as Director            For       For        Management
5     Re-elect Angela Heylin as Director        For       For        Management
6     Re-elect Ian Peacock 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     Authorise 7.1 Million Ordinary Shares for For       For        Management
      Market Purchase


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

MUSASHINO BANK LTD.

Ticker:                      Security ID:  JP3912800004
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 25,
      Final JY 25, 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
3     Appoint External Auditor                  For       For        Management


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

NETELLER PLC

Ticker:                      Security ID:  GB0034264548
Meeting Date: APR 18, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Re-elect John Lefebvre as Director        For       For        Management
3     Reappoint Deloitte & Touche as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
4     To Defer Until the Next AGM all Matters   For       For        Management
      Relating to the Company's Activities for
      2004 Calendar Year


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

NETELLER PLC

Ticker:                      Security ID:  GB0034264548
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Re-elect Donald Lindsay as Director       For       For        Management
3     Re-elect Gordon Herman as Director        For       For        Management
4     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
5     Amend Neteller plc Share Option Plan      For       For        Management


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

NEXITY

Ticker:                      Security ID:  FR0010112524
Meeting Date: MAY 31, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Article 19 of Bylaws Re: Attendance For       Did Not    Management
      to Shareholder Meetings                             Vote
2     Amend Articles Board Related Re:          For       Did Not    Management
      Employee-Shareholder Representatives                Vote
3     Amend Articles Board Related Re: Reduce   For       Did Not    Management
      Board Members Term from Six to Four Years           Vote
4     Limit Shares Reserved Under Stock Option  For       Did Not    Management
      Plan Approved Under Item 5 at Sep. 28,              Vote
      2004 Shareholder Meeting to 3.18 Percent
      of Issued Capital
5     Authorize Up to 393,654 Shares For Use in For       Did Not    Management
      Restricted Stock Plan and Set Global                Vote
      Limit at Ten Percent of Issued Capital
6     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors                                 Vote
7     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1 per Share                        Vote
8     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
9     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
10    Approve Nomination of                     For       Did Not    Management
      Employee-Shareholder Representatives to             Vote
      the Board Appointed by Supervisory Board
      of FCPE Nexity
11    Elect Martine Carette as Representative   None      Did Not    Management
      of Employee Shareholders to the Board               Vote
12    Elect Veronique Mattis as Representative  None      Did Not    Management
      of Employee Shareholders to the Board               Vote
13    Confirm Election of Employee-Shareholder  For       Did Not    Management
      Representative as Director                          Vote
14    Change Location of Registered             For       Did Not    Management
      Office/Headquarters                                 Vote
15    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 280,000                     Vote
16    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
17    Ratify Appointment of Pascal Oddo as      For       Did Not    Management
      Director                                            Vote
18    Ratify Appointment of Jacques Brion as    For       Did Not    Management
      Director                                            Vote
19    Ratify Appointment of Miguel Sieler as    For       Did Not    Management
      Director                                            Vote
20    Elect Caisse des Depots et Consignations  For       Did Not    Management
      as Director                                         Vote
21    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

NEXTGENTEL

Ticker:                      Security ID:  NO0010204498
Meeting Date: MAY 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Prepare List of             None      Did Not    Management
      Shareholders                                        Vote
2     Approve Notice of Meeting and Agenda      For       Did Not    Management
                                                          Vote
3     Elect Chairman of Meeting; Designate      For       Did Not    Management
      Inspector or Shareholder                            Vote
      Representative(s) of Minutes of Meeting
4     Receive Management Report on Company's    None      Did Not    Management
      Status                                              Vote
5     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports; Approve Treatment of             Vote
      Losses and Omission of Dividends
6     Approve Remuneration of Auditors in the   For       Did Not    Management
      Amount of NOK 501,000 for Audit Fees and            Vote
      NOK 191,000 for Other Services
7     Approve Remuneration of Directors in the  For       Did Not    Management
      Amount of NOK 300,000 for Chairman, NOK             Vote
      200,000 for Other Board Members, and NOK
      100,000 for Employee Representatives
8     Relect Bengt Thuresson, Bjoern Stray,     For       Did Not    Management
      Hege Norheim, Kaare Frydenberg, and                 Vote
      Lawrence Leppard as Directors
9.1   Approve Creation of NOK 2.7 Million Pool  For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
9.2   Approve Employee Stock Option Plan;       For       Did Not    Management
      Approve Creation of NOK 550,000 Pool of             Vote
      Condition Capital to Guarantee Conversion
      Rights
9.3   Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote


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

NISHIMATSUYA CHAIN

Ticker:                      Security ID:  JP3659300002
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  FEB 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 10, 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
3     Appoint Internal Statutory Auditor        For       For        Management
4     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceiling for Statutory
      Auditors
5     Approve Executive Stock Option Plan       For       For        Management


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

NIWS CO., LTD

Ticker:                      Security ID:  JP3654200009
Meeting Date: SEP 17, 2004   Meeting Type: Annual
Record Date:  JUN 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to: Abolish U.S.-Style     For       Against    Management
      Board Structure - Introduce Provisions
      re: Board of Statutory Auditors -
      Authorize Share 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
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
4     Establish Aggregate Compensation Ceilings For       For        Management
      for Directors and Statutory Auditors


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

NOKIAN TYRES

Ticker:                      Security ID:  FI0009005318
Meeting Date: APR 5, 2005    Meeting Type: Annual
Record Date:  MAR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
1.4   Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 2.17 Per Share                     Vote
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
1.7   Fix Number of Directors and Auditors      For       Did Not    Management
                                                          Vote
1.8   Elect Directors                           For       Did Not    Management
                                                          Vote
1.9   Appoint Auditors                          For       Did Not    Management
                                                          Vote
2     Approve Dividend of EUR 2.17 Per Share    For       Did Not    Management
                                                          Vote
3     Approve Lowering of Par Value from EUR 2  For       Did Not    Management
      to EUR 0.20 via a 10:1 (Ten New Shares              Vote
      for Every One Currently Held) Stock Split
4     Approve Creation of EUR 4 Million Pool of For       Did Not    Management
      Conditional Capital without Preemptive              Vote
      Rights
5     Elect Directors                           For       Did Not    Management
                                                          Vote


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

NORDDEUTSCHE AFFINERIE AG

Ticker:                      Security ID:  DE0006766504
Meeting Date: MAR 31, 2005   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 0.65 per  Share                    Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal Year 2003/2004                               Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal Year 2003/2004                           Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors for            Vote
      Fiscal Year 2004/2005
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of  Repurchased Shares                   Vote
7     Approve Creation of EUR 42.8 Million Pool For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
8     Approve Issuance of Convertible Bonds     For       Did Not    Management
      and/or Bonds with Warrants Attached up to           Vote
      Aggregate Nominal Amount of EUR 300
      Million with Preemptive Rights; Approve
      Creation of EUR 41.5 Million Pool of
      Conditional Capital to Guarantee
      Conversion  Rights
9     Amend Articles Re: Responsibilities of    For       Did Not    Management
      the Supervisory Board; Submission of                Vote
      Reports


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

OPTION NV

Ticker:                      Security ID:  BE0164937378
Meeting Date: MAR 31, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Directors' Reports                None      Did Not    Management
                                                          Vote
2     Receive Auditors' Reports                 None      Did Not    Management
                                                          Vote
3     Receive Consolidated Financial Statements None      Did Not    Management
      and Statutory Reports (Non-Voting)                  Vote
4     Accept Financial Statements               For       Did Not    Management
                                                          Vote
5     Approve Discharge of Directors            For       Did Not    Management
                                                          Vote
6     Approve Discharge of Auditors             For       Did Not    Management
                                                          Vote
7     Approve Dismissal of Alex Brabers and     For       Did Not    Management
      Dick Beeusaert and Decide Upon Their                Vote
      Replacements


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

PACIFIC BASIN SHIPPING LIMITED

Ticker:                      Security ID:  BMG684371393
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  APR 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.16 Per     For       For        Management
      Share
3a    Reelect Mark M. Harris as Director        For       For        Management
3b    Reelect Richard M. Hext as Director       For       For        Management
3c    Reelect Patrick B. Paul as Director       For       For        Management
3d    Reelect Robert C. Nicholas as Director    For       For        Management
3e    Reelect The Earl of Cromer as Director    For       For        Management
3f    Authorize Board to Fix the Remuneration   For       For        Management
      of the Directors
4     Reappoint PricewaterhouseCoopers,         For       For        Management
      Certified Public Accountants as 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 Bylaws Re: Retirement by Rotation   For       For        Management
      of Directors


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

PACIFIC BASIN SHIPPING LIMITED

Ticker:                      Security ID:  BMG684371393
Meeting Date: JUN 8, 2005    Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Share Option Scheme and Grant a     For       Against    Management
      Mandate to Directors to Allot and Issue
      Up to 88.7 Million New Shares to Satisfy
      Options and Share Awards Granted and to
      be Granted Under the Long Term Incentive
      Scheme


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

PADDY POWER (FRMRLY. POWER LEISURE)

Ticker:                      Security ID:  IE0002588105
Meeting Date: MAY 17, 2005   Meeting Type: Annual
Record Date:  MAY 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Declare Final Dividend of EUR 0.1252 per  For       Did Not    Management
      Share                                               Vote
3a    Relect Breon Corcoran as Director         For       Did Not    Management
                                                          Vote
3b    Relect Brody Sweeney as Director          For       Did Not    Management
                                                          Vote
4     Relect Ross Ivers as Director             For       Did Not    Management
                                                          Vote
5     Authorize Board to Fix Remuneration of    For       Did Not    Management
      Auditors                                            Vote
6     Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to the Amount of the Authorized
      but Unissued Share Capital
7     Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities for Cash without           Vote
      Preemptive Rights up to Five Percent of
      the Issued Share Capital
8     Authorize Share Repurchase Program        For       Did Not    Management
                                                          Vote


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

PALFINGER AG

Ticker:                      Security ID:  AT0000758305
Meeting Date: APR 13, 2005   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              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6     Amend Existing Pool of Capital by         For       Did Not    Management
      Extending Expiry Date                               Vote
7     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees                                           Vote
8     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote


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

PERLOS OYJ

Ticker:                      Security ID:  FI0009007819
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  MAR 20, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
1.2   Receive Auditors' Report                  None      Did Not    Management
                                                          Vote
1.3   Receive Report about Any Qualifications   None      Did Not    Management
      Made by Auditor                                     Vote
1.4   Accept Financial Statements and Statutory For       Did Not    Management
      Reports; Approve Allocation of Income and           Vote
      Dividends of EUR 0.20 Per Share
1.5   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
1.6   Approve Remuneration of Directors and     For       Did Not    Management
      Auditors                                            Vote
1.7   Fix Number of Directors                   For       Did Not    Management
                                                          Vote
1.8   Fix Number of Auditors                    For       Did Not    Management
                                                          Vote
1.9   Elect Matti Aura, Matti Kavetvuo, Timo    For       Did Not    Management
      Leinilae, Heikki Mairinoja, Kari                    Vote
      Sohlberg, Teppo Taberman, and Anni
      Veplaelaeinen as Directors; Elect
      PricewaterhouseCoopers Ltd as Auditor
2     Approve EUR 87,719 Reduction in Share     For       Did Not    Management
      Capital via Share Cancellation                      Vote
3     Approve Stock Option Plan for Key         For       Did Not    Management
      Personnel; Approve Creation of EUR                  Vote
      600,000 Pool of Conditional Capital to
      Guarantee Conversion Rights
4     Approve Creation of EUR 6.4 Million Pool  For       Did Not    Management
      of Conditional Capital without Preemptive           Vote
      Rights
5     Authorize Repurchase of Up to Five        For       Did Not    Management
      Percent of Issued Share Capital                     Vote
6     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


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

PETROLEUM GEO-SERVICES ASA

Ticker:                      Security ID:  NO0010199151
Meeting Date: JUN 8, 2005    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     Receive Information About Remuneration    None      None       Management
      Policy For Executive Management
3     Accept Financial Statements and Statutory For       For        Management
      Reports
4     Approve Remuneration of Auditors in the   For       For        Management
      Amount of NOK 1.3 Million
5     Approve Remuneration of Directors in the  For       For        Management
      Amount of USD 553,250 for 2004
6.1   Amend Articles Re: Stipulate that Members For       For        Management
      of Board of Directors Are Elected For
      One-Year Terms
6.2   Reelect Jens Ulltveit-Moe, Keith Henry,   For       For        Management
      Francis Gugen, Rolf Rolfsen, Clare
      Spottiswoode, Harald Norvik, and Anthony
      Tripodo as Directors; Reelect All Deputy
      Directors For a Term Until Nov. 5, 2005
7.1   Approve Establishment of Nominating       For       For        Management
      Committee
7.2   Elect Roger O'Neil, Hanne Harlem, and One For       For        Management
      More Person as Members of Nominating
      Committee
7.3   Approve Mandate for Nominating Committee  For       For        Management
7.4   Approve Remuneration of Members of        For       For        Management
      Nominating Committee
8     Approve 3:1 Stock Split                   For       For        Management
9     Approve Creation of NOK 60 Million Pool   For       For        Management
      of Conditional Capital without Preemptive
      Rights
10    Approve Discharge of Board                For       For        Management


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

PEYTO ENERGY TRUST (FORMERLY PEYTO EXPL. & DEV. CORP.)

Ticker:       PEY.U          Security ID:  CA7170451081
Meeting Date: MAY 17, 2005   Meeting Type: Annual/Special
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors at Seven          For       For        Management
2     Elect Rick Braund, Donald Gray, Brian     For       For        Management
      Craig, John Boyd, Roberto Bosdachin,
      Michael MacBean, C. Ian Mottershead as
      Directors
3     Appoint Deloitte & Touche LLP as Auditors For       For        Management
      and Authorize Board to Fix Remuneration
      of Auditors
4     Approve 2:1 Stock Split                   For       For        Management


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

PFLEIDERER AG

Ticker:                      Security ID:  DE0006764749
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  JUN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Discharge of Management Board for For       For        Management
      Fiscal 2004
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2004
4     Elect Wolfgang Haupt and Friedhelm        For       For        Management
      Paefgen to the Supervisory Board
5     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration Scheme
6     Amend Articles Re: Calling of and         For       For        Management
      Registration for Shareholder Meetings Due
      to Proposed Changes in German Law (Law on
      Company Integrity and Modernization of
      Shareholder Lawsuits)
7     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
8     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors


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

PHOENIX ELECTRIC CO. LTD.

Ticker:                      Security ID:  JP3802700009
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 7.5, 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


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

POINT INC.

Ticker:                      Security ID:  JP3856000009
Meeting Date: MAY 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     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 20, Special JY 0
2     Amend Articles to Introduce Executive     For       Did Not    Management
      Officer System                                      Vote
3.1   Elect Director                            For       Did Not    Management
                                                          Vote
3.2   Elect Director                            For       Did Not    Management
                                                          Vote
3.3   Elect Director                            For       Did Not    Management
                                                          Vote
3.4   Elect Director                            For       Did Not    Management
                                                          Vote
3.5   Elect Director                            For       Did Not    Management
                                                          Vote
3.6   Elect Director                            For       Did Not    Management
                                                          Vote
3.7   Elect Director                            For       Did Not    Management
                                                          Vote
3.8   Elect Director                            For       Did Not    Management
                                                          Vote
4     Approve Adjustment to Aggregate           For       Did Not    Management
      Compensation Ceiling for Directors and              Vote
      Statutory Auditors


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

PROSEGUR COMPANIA DE SEGURIDAD S.A.

Ticker:                      Security ID:  ES0175438235
Meeting Date: JUN 27, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual and Consolidated       For       For        Management
      Financial Statements and Allocation of
      Income for Fiscal Year 2004
2     Approve Discharge of Directors for Fiscal For       For        Management
      Year 2004
3     Approve Distribution of Dividends Charged For       For        Management
      to Free Reserves Account
4     Approve Merger by Absorption of CESS      For       For        Management
      Compania Europea de Seguridad; Approval
      of Merger Balance Sheet as of 12-31-04;
      Approval of Merger Agreement; and
      Approval of Record Date as 01-01-05 for
      Accounting Purposes
5     Approve Merger by Absorption of Atecyr,   For       For        Management
      Nordes Instalaciones, Nordes Sistemas,
      and Nordes Mantenimiento; Approval of
      Merger Balance Sheet as of 12-31-04;
      Approval of Merger Agreement; and
      Approval of Record Date as 05-01-05 for
      Accounting Purposes
6     Authorize Board to Fix Their Aggregate    For       For        Management
      Annual Remuneration in Accordance to the
      Limits Set in the Bylaws
7     Authorize Share Repurchase Program        For       For        Management
8     Approve Auditors                          For       For        Management
9     Elect Directors                           For       For        Management
10    Amend Several Articles of the Bylaws and  For       For        Management
      Approve Reorganized Text of the Bylaws as
      Approved at the Board Meetings Held on
      12-21-04 and 03-29-05
11    Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions
12    Allow Questions                           For       For        Management
13    Approve Minutes of Meeting                For       For        Management


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

RATIONAL AG

Ticker:                      Security ID:  DE0007010803
Meeting Date: MAY 10, 2005   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 5.00 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify Allrevision Dornhof Kloss und      For       Did Not    Management
      Partner GmbH as Auditors for Fiscal 2005            Vote
6     Amend Articles Re: Preparation and        For       Did Not    Management
      Submission of Report                                Vote
7     Approve Affiliation Agreements with       For       Did Not    Management
      Subsidiaries                                        Vote


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

ROLAND DG CORP.

Ticker:                      Security ID:  JP3983450002
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 32,
      Final JY 32, Special JY 0
2     Amend Articles to: Increase Authorized    For       Against    Management
      Capital from 32.8 Million Shares to 71.2
      Million Shares - Abolish Retirement Bonus
      System
3     Elect Director                            For       For        Management
4     Approve Retirement Bonus for Director and For       Against    Management
      Special Payments to Continuing Directors
      and Statutory Auditors in Connection with
      Abolition of Retirement Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors


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

ROTORK PLC

Ticker:                      Security ID:  GB0007506958
Meeting Date: APR 22, 2005   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 9.7 Pence Per   For       For        Management
      Share
3     Re-elect Robert Arnold as Director        For       For        Management
4     Re-elect Robert Slater as Director        For       For        Management
5     Re-elect Roger Lockwood as Director       For       For        Management
6     Elect Graham Ogden as Director            For       For        Management
7     Elect Ian King as Director                For       For        Management
8     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
9     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
10    Approve Remuneration Report               For       For        Management
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to 22,959,049 Ordinary Shares
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to 4,299,743
      Ordinary Shares
13    Authorise 8,500,000 Ordinary Shares for   For       For        Management
      Market Purchase
14    Authorise 47,170 Preference Shares for    For       For        Management
      Market Purchase


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

SANEI-INTERNATIONAL CO. LTD.

Ticker:                      Security ID:  JP3324550007
Meeting Date: NOV 29, 2004   Meeting Type: Annual
Record Date:  AUG 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 30, Special JY 0
2     Amend Articles to: Authorize Appointment  For       For        Management
      of Alternate Statutory Auditors
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
3.4   Elect Director                            For       For        Management
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
5     Approve Executive Stock Option Plan       For       Against    Management
6     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditors


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

SBS BROADCASTING SYSTEM S.A.(FORMERLY SCANDINAVIAN BROADCASTING

Ticker:       SBTV           Security ID:  L8137F102
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAY 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Harry Evans Sloan         For       For        Management
1.2   Elect  Director Anthony Ghee              For       For        Management
1.3   Elect  Director Ferdinand Kayser          For       For        Management
1.4   Elect  Director Benjamin Lorenz           For       For        Management
1.5   Elect  Director Edward Mckinley           For       For        Management
1.6   Elect  Director James Mcnamara            For       For        Management
1.7   Elect  Director Shane O'Neill             For       For        Management
1.8   Elect  Director Mark Schneider            For       For        Management
1.9   Elect  Director Markus Tellenbach         For       For        Management
2     TO AUTHORIZE THE REPURCHASE BY THE        For       For        Management
      COMPANY OF UP TO 10% OF ITS SUBSCRIBED
      CAPITAL
3     TO APPROVE THE CONSOLIDATED AND           For       For        Management
      UNCONSOLIDATED FINANCIAL STATEMENTS OF
      THE COMPANY
4     TO APPROVE THE DETERMINATION THAT NO      For       For        Management
      DIVIDENDS FOR THE YEAR ENDED DECEMBER 31,
      2004 SHALL BE DISTRIBUTED BY THE COMPANY
      TO ITS SHAREHOLDERS
5     TO DISCHARGE THE BOARD OF DIRECTORS AND   For       For        Management
      STATUTORY AUDITORS OF THE COMPANY
6     Ratify Auditors                           For       For        Management


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

SFE CORPORATION LTD

Ticker:                      Security ID:  AU000000SFE6
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory None      None       Management
      Reports
2a    Elect Alan Cameron as Director            For       For        Management
2b    Elect Ian Payne as Director               For       For        Management
2c    Elect Peter Warne as Director             For       For        Management
3     Approve Grant of One Million Options to   For       Against    Management
      Robert Elstone, Managing Director and CEO


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

SIG PLC (FORMERLY SHEFFIELD INSULATION GROUP PLC)

Ticker:                      Security ID:  GB0008025412
Meeting Date: MAY 4, 2005    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 9.4 Pence Per   For       For        Management
      Ordinary Share
4     Re-elect Peter Blackburn as Director      For       For        Management
5     Re-elect Les Tench as Director            For       For        Management
6     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 4,042,805
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 607,027
9     Authorise 12,140,500 Ordinary Shares for  For       For        Management
      Market Purchase


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

SINGAMAS CONTAINER HOLDINGS LTD

Ticker:                      Security ID:  HK0716002271
Meeting Date: MAY 20, 2005   Meeting Type: Annual
Record Date:  MAY 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend                    For       Against    Management
3     Reelect Chang Yun Chung, Hsueh Chao En,   For       For        Management
      Jin Xu Chu, Teo Tiou Seng, Kuan Kim Kin,
      Ngan Man Kit, Alexander, Ong Ka Thai and
      Soh Kim Soon as Directors and Fix Their
      Remuneration
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    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 Re: Term of Office of      For       For        Management
      Directors, Appointment of Director to
      Fill Vacancy


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

SOFTWARE AG

Ticker:                      Security ID:  DE0003304002
Meeting Date: MAY 13, 2005   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 0.75 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Ratify BDO Deutsche Warentreuhand AG as   For       Did Not    Management
      Auditors for Fiscal 2005                            Vote
6     Approve Issuance of Convertible Bonds     For       Did Not    Management
      and/or Bonds with Warrants Attached up to           Vote
      Aggregate Nominal Amount of EUR 500
      Million with Preemptive Rights; Approve
      Creation of EUR 33 Million Pool of
      Conditional Capital to Guarantee
      Conversion Rights
7     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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

SPIR COMMUNICATION

Ticker:                      Security ID:  FR0000131732
Meeting Date: MAY 19, 2005   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors and Auditors                    Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 5 per Share                        Vote
3     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
4     Approve Accounting Transfer of EUR 2.97   For       Did Not    Management
      Million from Gessie Publicite S.A.                  Vote
      Long-Term Capital Gains Accounts to Other
      Reserve Pursuant to Merger by Absorption
      of Gessie Publicite S.A. by Spir
      Communication
5     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 78,400                      Vote
6     Approve Increase of Directors             For       Did Not    Management
      Remuneration for Fiscal Year 2005 in the            Vote
      Aggregate Amount of EUR 160,000
7     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
8     Reelect Philippe Amyot d'Inville as       For       Did Not    Management
      Director                                            Vote
9     Reelect Francis Teitgen as Director       For       Did Not    Management
                                                          Vote
10    Reelect Philippe Toulemonde as Director   For       Did Not    Management
                                                          Vote
11    Elect Camille Thiery as Director          For       Did Not    Management
                                                          Vote
12    Ratify Ernst & Young Audit as Auditor     For       Did Not    Management
                                                          Vote
13    Ratify Jacques Mariacci as Alternate      For       Did Not    Management
      Auditor                                             Vote
14    Change Location of Headquarters           For       Did Not    Management
                                                          Vote
15    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote
16    Approve Merger by Absorption of Wholly    For       Did Not    Management
      Owned Subsidiary Media Plus by Spir                 Vote
      Communication
17    Approve Dissolution of Media Plus without For       Did Not    Management
      Liquidation                                         Vote
18    Authorize Board to Ratify and Execute     For       Did Not    Management
      Approved Resolutions Re: Merger by                  Vote
      Absorption
19    Approve Stock Option Plan Grants          For       Did Not    Management
                                                          Vote
20    Authorize 4 Percent of Issued Capital for For       Did Not    Management
      Use in Restricted Stock Plan                        Vote
21    Authorize Repurchase of Up to Four        For       Did Not    Management
      Percent of Issued Share Capital                     Vote
22    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

SR TELEPERFORMANCE (FORMERLY ROCHEFORTAISE COMMUNICATION)

Ticker:                      Security ID:  FR0000051807
Meeting Date: JUN 23, 2005   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 Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
4     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.25 per Share                     Vote
5     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Reserve Account             Vote
      to Ordinary Reserve Account
6     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 84,500                      Vote
7     Reelect Daniel Bergstein as Supervisory   For       Did Not    Management
      Board Member                                        Vote
8     Reelect Jacques Berrebi as Supervisory    For       Did Not    Management
      Board Member                                        Vote
9     Reelect Philippe Stantini as Supervisory  For       Did Not    Management
      Board Member                                        Vote
10    Acknowledge End of Term and Non           For       Did Not    Management
      Reappointment of Michel Renard as                   Vote
      Supervisory Board Member
11    Reappoint KPMG as Auditor                 For       Did Not    Management
                                                          Vote
12    Reappoint Sofintex as Auditor             For       Did Not    Management
                                                          Vote
13    Ratify Jean-Claude Andre et Autres as     For       Did Not    Management
      Alternate Auditor                                   Vote
14    Ratify Joel Assayah as Alternate Auditor  For       Did Not    Management
                                                          Vote
15    Elect Eric Delorme as Supervisory Board   For       Did Not    Management
      Member                                              Vote
16    Elect Bernard Canetti as Supervisory      For       Did Not    Management
      Board Member                                        Vote
17    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
18    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
19    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

STEINER LEISURE LTD.

Ticker:       STNR           Security ID:  P8744Y102
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Leonard I. Fluxman        For       Did Not    Management
                                                          Vote
1.2   Elect  Director Michele Steiner Warshaw   For       Did Not    Management
                                                          Vote
1.3   Elect  Director Steven J. Preston         For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

STOLT OFFSHORES SA (FORMERLY STOLT COMEX SEAWAY S.A.)

Ticker:                      Security ID:  861567105
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  MAR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF ANNUAL MEETING DATE           For       For        Management
2     APPROVAL OF UNCONSOLIDATED FINANCIAL      For       For        Management
      STATEMENTS
3     APPROVAL OF CONSOLIDATED FINANCIAL        For       For        Management
      STATEMENTS
4     DISCHARGE OF DIRECTORS AND STATUTORY      For       Against    Management
      AUDITORS
5     APPROVAL OF AUTHORIZATION OF SHARE        For       For        Management
      REPURCHASES
6.1   Elect  Director George Doremus            For       For        Management
6.2   Elect  Director Haakon Lorentzen          For       For        Management
6.3   Elect  Director James B. Hurlock          For       For        Management
6.4   Elect  Director J. Frithjof Skouveroe     For       For        Management
6.5   Elect  Director Mark Woolveridge          For       For        Management
6.6   Elect  Director Tom Ehret                 For       For        Management
6.7   Elect  Director Trond Westlie             For       For        Management
7     ELECTION OF INDEPENDENT AUDITORS AND      For       For        Management
      STATUTORY AUDITORS


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

STOLT OFFSHORES SA (FORMERLY STOLT COMEX SEAWAY S.A.)

Ticker:                      Security ID:  LU0075646355
Meeting Date: MAY 27, 2005   Meeting Type: Annual
Record Date:  MAR 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve the Holding of the Annual Meeting For       For        Management
      on May 27, 2005 Rather Than the Third
      Thursday in April as Set Forth in the
      Articles of Incorporation
2     Approve Unconsolidated Balance Sheet and  For       For        Management
      Profit and Loss Statement for the Fiscal
      Year Ended November 30, 2004
3     Approve Consolidated Balance Sheet and    For       For        Management
      Profit and Loss Statement for the Fiscal
      Year Ended November 30, 2004
4     Approve Discharge of Board and Auditors   For       For        Management
5     Authorize Share Repurchase Program        For       Against    Management
6a    Elect George Doremus as Director          For       For        Management
6a    Elect Haakon Lorentzen as Director        For       For        Management
6b    Elect James B. Hurlock as Director        For       For        Management
6c    Elect J. Frithjog Skouveroe as Director   For       For        Management
6d    Elect Tom Ehret as Director               For       For        Management
6e    Elect Mark Woolveridge as Director        For       For        Management
6f    Elect Trond Westlie as Director           For       For        Management
6g    Elect George Doremus as Director          For       For        Management
7     Ratify Statutory Auditors and Independent For       For        Management
      Auditors


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

STORK NV

Ticker:                      Security ID:  NL0000390664
Meeting Date: MAR 4, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting / Announcements              None      Did Not    Management
                                                          Vote
2     Receive Report of Management Board        None      Did Not    Management
                                                          Vote
3     Receive Presentation on Corporate         None      Did Not    Management
      Governance                                          Vote
4     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
5     Receive Explanation of Company's Reserves None      Did Not    Management
      and Dividend Policy (Non-Voting)                    Vote
6     Approve Dividends of EUR 0.90 per Share   For       Did Not    Management
                                                          Vote
7     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
8     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
9     Amend Articles to Reflect Recommendations For       Did Not    Management
      of Dutch Corporate Governance Code and              Vote
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
10    Discuss Outline Profile of the            None      Did Not    Management
      Supervisory Board (Non-Voting)                      Vote
11    Elect Mr. J. Aalberts, Mr. C. den Hartog  For       Did Not    Management
      and Mr. A van der Velden to Supervisory             Vote
      Board
12    Approve Remuneration Report Containing    For       Did Not    Management
      Remuneration Policy for Management Board            Vote
13    Receive Report from Shareholders'         None      Did Not    Management
      Committee (Non-Voting)                              Vote
14.a  Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Ordinary Shares and Options            Vote
      hereto up to 25% of Issued Shares and All
      Cumulative Preference A Shares (Financing
      Preference Shares) and Options hereto
14.b  Authorize Board to Exclude Preemptive     For       Did Not    Management
      Rights from Issuance of Ordinary Shares             Vote
      Under Item 14.a
15    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
16    Questions / Close Meeting                 None      Did Not    Management
                                                          Vote


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

SYSMEX CORP (FORMERLY TOA MEDICAL ELECTRONICS CO)

Ticker:                      Security ID:  JP3351100007
Meeting Date: JUN 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 15,
      Final JY 25, 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
3     Approve Retirement Bonus for Director and For       For        Management
      Special Payments to Continuing Directors
      and Statutory Auditors in Connection with
      Abolition of Retirement Bonus System


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

TAKE AND GIVE NEEDS CO. LTD.

Ticker:                      Security ID:  JP3539350003
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, with No     For       For        Management
      Dividends
2     Amend Articles to: Authorize Public       For       For        Management
      Announcements in Electronic Format
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


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

TANDBERG TELEVISION ASA

Ticker:                      Security ID:  NO0003070906
Meeting Date: APR 13, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting; Prepare and Approve List of For       For        Management
      Shareholders
2     Elect Chairman of Meeting; Designate      For       For        Management
      Inspector or Shareholder
      Representative(s) of Minutes of Meeting
3     Approve Notice of Meeting and Agenda      For       For        Management
4     Receive Management's Report               None      None       Management
5     Approve Financial Statements and          For       For        Management
      Statutory Reports; Approve Allocation of
      Income
6     Amend Articles Re: Stipulate that a       For       For        Management
      Nominating Committee Consisting of
      Between Two and Four Members Be Elected
      by General Meeting
7     Approve Remuneration of Directors in the  For       For        Management
      Amount of NOK 600,000 (Chairman), NOK
      330,000 (Deputy Chairman), NOK 275,000
      (Non-Executive Directors), NOK 165,000
      (Executive Directors) and NOK 20,000
      (Committee Members); Approve Remuneration
      of Auditors
8     Reelect Jan Opsahl, Bengt Thuresson, and  For       For        Management
      Arne Jensen as Directors; Elect Toril Nag
      as New Director; Elect Eric Cooney and
      Reggie Bradford as Deputy Directors;
      Elect Stein Annexstad, Rolf Nilsen, and
      Jan Opsahl as Members of Nominating
      Committee
9.1   Approve Creation of NOK 13 Million Pool   For       For        Management
      of Conditional Capital without Preemptive
      Rights
9.2   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital


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

TANDBERG TELEVISION ASA

Ticker:                      Security ID:  NO0003070906
Meeting Date: DEC 20, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Chairman of Meeting; Designate      For       For        Management
      Inspector or Shareholder
      Representative(s) of Minutes of Meeting
2     Receive Information about Company's       None      None       Management
      Status
3     Approve Creation of NOK 12 Million Pool   For       For        Management
      of Conditional Capital without Preemptive
      Rights


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

TECHEM AG

Ticker:                      Security ID:  DE0005471601
Meeting Date: MAR 3, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports for Fiscal 2003/2004              Vote
2     Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2003/2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2003/2004                                Vote
5     Ratify PwC Deutsche Revision              For       Did Not    Management
      Aktiengesellschaft                                  Vote
      Wirtschaftspruefungsgesellschaft as
      Auditors for Fiscal 2003/2004
6     Elect Ursula Felten, Harald Bieler,       For       Did Not    Management
      Martin Ott, Volker Riebel, Horst Ziegler,           Vote
      and Stefan Zuschke to the Supervisory
      Board
7     Amend Articles Re: Supervisory Board      For       Did Not    Management
      Remuneration Scheme                                 Vote
8     Approve Merger by Absorption of Techem    For       Did Not    Management
      Geschaeftsfuehrungs GmbH                            Vote
9     Approve Affiliation Agreement with a      For       Did Not    Management
      Subsidiary (Techem Energy Services GmbH)            Vote
10    Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance or Cancellation of Repurchased           Vote
      Shares


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

TECHTRONIC INDUSTRIES

Ticker:                      Security ID:  HK0669013440
Meeting Date: JAN 3, 2005    Meeting Type: Special
Record Date:  DEC 28, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Conditional Stock Purchase by     For       For        Management
      Techtronic Industries Co. Ltd., Ryobi
      Technologies GmbH and Techtronic
      Industries North America, Inc. from Atlas
      Copco AB, Atlas Copco North America Inc.
      and Atlas Copco Hldg. GmbH


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

TECHTRONIC INDUSTRIES

Ticker:                      Security ID:  HK0669013440
Meeting Date: MAY 30, 2005   Meeting Type: Annual
Record Date:  MAY 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.125 Per    For       Against    Management
      Share
3a    Reelect Horst Julius Pudwill as Group     For       For        Management
      Executive Director
3b    Reelect Vincent Ting Kau Cheung as        For       For        Management
      Non-Executive Director
3c    Reelect Christopher Patrick Langley as    For       For        Management
      Independent Non-Executive Director
3d    Reelect Manfred Kuhlmann as Independent   For       For        Management
      Non-Executive Director
3e    Authorize Board to Fix the Remuneration   For       For        Management
      of Directors for 2005
4     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    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     Approve Issuance of Shares Pursuant to    For       Against    Management
      the Share Option Scheme


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

TELELOGIC AB

Ticker:                      Security ID:  SE0000468571
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     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 Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
8.1   Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
8.2   Approve Allocation of Income and Omission For       Did Not    Management
      of Dividends                                        Vote
8.3   Approve Discharge of Board and President  For       Did Not    Management
                                                          Vote
9     Determine Number of Members (7) and       For       Did Not    Management
      Deputy Members (0) of Board                         Vote
10    Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of SEK 1.2 Million                 Vote
11    Reelect Bo Dimert, Kjell Duveblad, Eik    For       Did Not    Management
      Gabrielson, Anders Lidbeck, Risto                   Vote
      Silander, and Maria Borelius as
      Directors; Elect Joergen Centerman as New
      Director
12    Authorize Chairman of Board and           For       Did Not    Management
      Representatives of Four of Company's                Vote
      Largest Shareholders to Serve on
      Nominating Committee
13    Approve Creation of SEK 235,000 Pool of   For       Did Not    Management
      Conditional Capital without Preemptive              Vote
      Rights
14    Approve Allocation of 4.2 Million Options For       Did Not    Management
      to Key Employees                                    Vote
15    Approve Creation of SEK 42,000 Pool of    For       Did Not    Management
      Conditional Capital to Guarantee                    Vote
      Conversion Rights of Option Plan Proposed
      Under Item 14
16    Close Meeting                             None      Did Not    Management
                                                          Vote


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

TGS NOPEC GEOPHYSICAL CO. ASA

Ticker:                      Security ID:  NO0003078800
Meeting Date: JUN 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting; Designate      For       For        Management
      Inspector or Shareholder
      Representative(s) of Minutes of Meeting
3     Approve Notice of Meeting and Agenda      For       For        Management
4     Approve Financial Statements, Statutory   For       For        Management
      Reports, and Allocation of Income
5     Approve Remuneration of Directors in the  For       For        Management
      Amount of NOK 250,000 & 1,350 Restricted
      Shares for Chairman, NOK 150,000 & 900
      Restricted Shares for Other Directors,
      and NOK 75,000 for Other Directors
      (Excluding CEO) for Committee Work
6     Approve Remuneration of Auditors in the   For       For        Management
      Amount of NOK 150,000 for Group and NOK
      300,000 for Parent Company (Audit Fees),
      and NOK 68,000 For Other Services
7     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
8     Approve Stock Option Plan; Approve        For       For        Management
      Creation of up to NOK 400,000 Pool of
      Conditional Capital to Guarantee
      Conversion Rights
9     Approve Creation of NOK 5.2 Million Pool  For       For        Management
      of Conditional Capital without Preemptive
      Rights
10    Amend Articles Re: Number of Members in   For       For        Management
      Nominating Committee (3) and Their Term
      Length (2 Years)
11    Elect David W. Worthington (Chairman) and For       For        Management
      Jarl Ulvin as Members of Nominating
      Committee
12    Elect Claus Kampmann, David W.            For       For        Management
      Worthington, Henry H. Hamilton, Arne-K.
      Maeland, Nils B. Gulnes, and Rabbe E.
      Lund as Directors


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

TOAGOSEI CO. LTD.

Ticker:                      Security ID:  JP3556400004
Meeting Date: MAR 30, 2005   Meeting Type: Annual
Record Date:  DEC 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 1
2     Amend Articles to Delete Provisions       For       For        Management
      Related to Timing of Implementation of
      Changes in Directors' and Auditors' Terms
      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
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       Against    Management


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

TOHO TENAX CO. LTD. (FORMERLY TOHO RAYON)

Ticker:                      Security ID:  JP3603000005
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, with No     For       For        Management
      Dividends
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
3     Appoint Alternate Internal Statutory      For       Against    Management
      Auditor
4     Approve Retirement Bonus for Director     For       For        Management


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

TOPDANMARK AS

Ticker:                      Security ID:  DK0010259530
Meeting Date: APR 19, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Report of Board                   None      None       Management
2     Accept Financial Statements and Statutory For       For        Management
      Reports
3     Approve Allocation of Income              For       For        Management
4     Reelect All Directors                     For       For        Management
5     Ratify Auditors                           For       For        Management
6.1   Approve Reduction in Share Capital via    For       For        Management
      Share Cancellation
6.2   Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6.3   Approve Stock Option Plan for Key         For       Against    Management
      Employees; Approve Reservation of 215,000
      Shares for Plan
6.4   Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of DKK 2.4 Million (DKK
      200,000 Per Director)
7     Other Business (Non-Voting)               None      None       Management


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

TOPDANMARK AS

Ticker:                      Security ID:  DK0010259530
Meeting Date: AUG 16, 2004   Meeting Type: Special
Record Date:  AUG 5, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve DKK 8 Million Reduction in Share  For       Did Not    Management
      Capital via Share Cancellation                      Vote


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

TOPDANMARK AS

Ticker:                      Security ID:  DK0010259530
Meeting Date: JAN 3, 2005    Meeting Type: Special
Record Date:  DEC 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve DKK 6.1 Million Reduction in      For       Did Not    Management
      Share Capital via Share Cancellation                Vote


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

TOYO TIRE & RUBBER CO. LTD.

Ticker:                      Security ID:  JP3610600003
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 0,
      Final JY 9, 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
3     Approve Retirement Bonuses for Directors  For       For        Management


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

TRADER CLASSIFIED MEDIA (FORMERLY TRADER.COM NV)

Ticker:                      Security ID:  NL0000233187
Meeting Date: JUN 30, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Amend Articles                            For       Did Not    Management
                                                          Vote
3     Allow Questions                           None      Did Not    Management
                                                          Vote
4     Close Meeting                             None      Did Not    Management
                                                          Vote


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

TRADER CLASSIFIED MEDIA (FORMERLY TRADER.COM NV)

Ticker:                      Security ID:  NL0000233187
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Discuss Annual Report                     None      Did Not    Management
                                                          Vote
3     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
4     Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
5     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
6     Ratify PricewaterhouseCoopers N.V. as     For       Did Not    Management
      Auditors                                            Vote
7.1   Elect William Altman to Supervisory Board For       Did Not    Management
                                                          Vote
7.2   Elect Robert Fetherstonhaugh to           For       Did Not    Management
      Supervisory Board                                   Vote
7.3   Elect Barry Nalebuff to Supervisory Board For       Did Not    Management
                                                          Vote
7.4   Elect Rene Rijntjes to Supervisory Board  For       Did Not    Management
                                                          Vote
7.5   Elect Sean Riley to Supervisory Board     For       Did Not    Management
                                                          Vote
7.6   Elect Donald Sobey to Supervisory Board   For       Did Not    Management
                                                          Vote
7.7   Elect Eric Teyssonniere de Gramont to     For       Did Not    Management
      Supervisory Board                                   Vote
7.8   Elect Christian Antonius Van den Berg to  For       Did Not    Management
      Supervisory Board                                   Vote
8     Amend Articles                            For       Did Not    Management
                                                          Vote
9     Authorize Board to Exclude Preemptive     For       Did Not    Management
      Rights from Issuance of Shares for Five             Vote
      Years
10    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
11    Authorize Board to Set Record Date        For       Did Not    Management
                                                          Vote
12    Approve Remuneration of Supervisory Board For       Did Not    Management
      and Committees Members                              Vote
13    Approve Remuneration Policy for           For       Did Not    Management
      Management Board Members                            Vote
14    Discussion on Corporate Governance        None      Did Not    Management
      (Non-Voting)                                        Vote
15    Discussion on Dividend Policy             None      Did Not    Management
      (Non-Voting)                                        Vote
16    Allow Questions                           None      Did Not    Management
                                                          Vote
17    Close Meeting                             None      Did Not    Management
                                                          Vote


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

TRANSAT A.T. INC.

Ticker:       TRZ.RV.A       Security ID:  CA89351T1049
Meeting Date: FEB 24, 2005   Meeting Type: Special
Record Date:  FEB 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles Re: Creation of Class A &  For       For        Management
      B Shares and Conversion of Common Shares
2     Amend Bylaw No. 1999-1 Re: Restrictions   For       For        Management
      on the Issue, Transfer and Ownership of
      Shares
3     Amend Bylaw No. 2003-1 Re: Compulsory     For       For        Management
      Ballot Vote


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

TUBACEX S.A. COMPANIA ESPANOLA DE TUBOS POR EXTRUSION

Ticker:                      Security ID:  ES0132945017
Meeting Date: MAY 16, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       For        Management
      Discharge Directors for Fiscal Year Ended
      12-31-04
2     Approve Allocation of Income              For       For        Management
3     Authorize Share Repurchase Program        For       For        Management
4     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

ULTRA ELECTRONICS HOLDINGS PLC

Ticker:                      Security ID:  GB0009123323
Meeting Date: APR 22, 2005   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 9.2 Pence Per   For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect Chris Bailey as Director         For       For        Management
5     Re-elect Julian Blogh as Director         For       For        Management
6     Re-elect Frank Hope as Director           For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 1,115,075
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 167,261
10    Authorise 3,345,226 Shares for Market     For       For        Management
      Purchase


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

UNIBET GROUP PLC

Ticker:                      Security ID:  SE0001192485
Meeting Date: APR 26, 2005   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 Final Dividend of SEK 9 Per Share For       Did Not    Management
                                                          Vote
3     Approve Remuneration Report               For       Did Not    Management
                                                          Vote
4     Fix Number of Directors                   For       Did Not    Management
                                                          Vote
5     Determine Board Members' Fees             For       Did Not    Management
                                                          Vote
6     Re-elect Peter Lindell as Director        For       Did Not    Management
                                                          Vote
7     Re-elect Johan Lindgren as Director       For       Did Not    Management
                                                          Vote
8     Re-elect Peter Boggs as Director          For       Did Not    Management
                                                          Vote
9     Re-elect Henrik Tjarnstrom as Director    For       Did Not    Management
                                                          Vote
10    Re-elect Anders Strom as Director         For       Did Not    Management
                                                          Vote
11    Elect Daniel Johannesson as Director      For       Did Not    Management
                                                          Vote
12    Appoint the Nomination Committee          For       Did Not    Management
                                                          Vote
13    Reappoint Deloitte & Touche LLP as        For       Did Not    Management
      Auditors and Authorise the Board to                 Vote
      Determine Their Remuneration
14    Authorise Issue of Equity or              For       Did Not    Management
      Equity-Linked Securities with Pre-emptive           Vote
      Rights up to Aggregate Nominal Amount of
      GBP 1,200
15    Authorise Issue of Equity or              For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,200
16    Approve Sub-Division of 50,000,000 Shares For       Did Not    Management
      of 2 Pence Each Into 200,000,000 Shares             Vote
      of 0.5 Pence


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

UNITED DRUG PLC

Ticker:                      Security ID:  IE0033024807
Meeting Date: FEB 16, 2005   Meeting Type: Annual
Record Date:  FEB 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Declare Dividend of EUR 0.0348 per Share  For       For        Management
3a    Reelect D. Egan as Director               For       For        Management
3b    Reelect A. Flynn as Director              For       For        Management
3c    Reelect A. Gray as Director               For       For        Management
3d    Reelect G. McGann as Director             For       For        Management
3e    Reelect B. McGrane as Director            For       For        Management
3f    Reelect M. Rafferty as Director           For       For        Management
4     Approve Increase in Director Remuneration For       For        Management
      to EUR 850,000
5     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
6     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities for Cash without
      Preemptive Rights up to an Aggregate
      Nomnial Value of EUR 558,220
7     Authorize Share Repurchase of up to       For       For        Management
      22,328,806 Shares
8     Authorize Reissuance of Repurchased       For       For        Management
      Shares


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

UNITED SERVICES GROUP NV (FORMERLY UNIQUE INTERNATIONAL )

Ticker:                      Security ID:  NL0000354462
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      Did Not    Management
                                                          Vote
2     Receive Report of Executive Board         None      Did Not    Management
                                                          Vote
3     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
4     Receive Explanation on Company's Reserves None      Did Not    Management
      and Dividend Policy                                 Vote
5     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
6     Approve Discharge of Executive Board      For       Did Not    Management
                                                          Vote
7     Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
8     Reelect J.H. van Heijningen Nanniga to    For       Did Not    Management
      Supervisory Board                                   Vote
9     Discussion on Company's Corporate         None      Did Not    Management
      Governance                                          Vote
10    Approve Remuneration Report Containing    For       Did Not    Management
      Remuneration Policy for Executive Board             Vote
      Members
11    Approve Remuneration of Supervisory Board For       Did Not    Management
                                                          Vote
12    Discussion on Supervisory Board Profile   None      Did Not    Management
                                                          Vote
13    Amend Articles to Reflect Recommendations For       Did Not    Management
      of Dutch Corporate Governance Code and              Vote
      Amendments to Book 2 of Dutch Civil Code
      on Two-tiered Company Regime
14    Grant Board Authority to Issue Authorized For       Did Not    Management
      Yet Unissued Shares Up to Ten Percent of            Vote
      Issued Share Capital
      Restricting/Excluding Preemptive Rights
15    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
16    Other Business (Non-Voting)               None      Did Not    Management
                                                          Vote
17    Close Meeting                             None      Did Not    Management
                                                          Vote


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

URALITA S.A.

Ticker:                      Security ID:  ES0182170615
Meeting Date: MAY 18, 2005   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 for
      Fiscal Year Ended 12-31-04
2     Approve Dividend Distribution             For       For        Management
3     Approve Auditors for Individual and       For       For        Management
      Consolidated Group
4     Accept Report Re: Corporate Governance    For       For        Management
5     Elect One Member to Board of Directors    For       For        Management
6     Authorize Repurchase Program              For       For        Management
7     Authorize Board to Ratify and Execute     For       For        Management
      Approved Resolutions


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

URBAN CORP.

Ticker:                      Security ID:  JP3100180003
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     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: Expand Business Lines  For       For        Management
      - Abolish Retirement Bonus System
3.1   Elect Director                            For       For        Management
3.2   Elect Director                            For       For        Management
3.3   Elect Director                            For       For        Management
4     Approve Special Payments to Continuing    For       Against    Management
      Directors and Statutory Auditors
      Connection with Abolition of Retirement
      Bonus System
5     Approve Adjustment to Aggregate           For       For        Management
      Compensation Ceilings for Directors and
      Statutory Auditors
6     Approve Executive Stock Option Plan       For       Against    Management


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

VIVACON AG

Ticker:                      Security ID:  DE0006048911
Meeting Date: MAY 19, 2005   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
      Ommission of Dividends                              Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2004                                         Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2004                                     Vote
5     Elect Ulrich Hoeller, Horst Graef,        For       Did Not    Management
      Eckhard Rodemer to the Supervisory Board            Vote
6     Ratify BFJM Bachem Fervers Janssen        For       Did Not    Management
      Mehrhoff GmbH as Auditors for Fiscal 2005           Vote
7     Approve Creation of EUR 7 Million Pool of For       Did Not    Management
      Conditional Capital without Preemptive              Vote
      Rights
8     Approve Stock Option Plan for Key         For       Did Not    Management
      Employees; Approve Creation of EUR                  Vote
      350,000 Pool of Conditional Capital to
      Guarantee Conversion Rights
9     Amend Stock Option Plan 2004 for Key      For       Did Not    Management
      Employees                                           Vote
10    Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote
11    Amend Articles Re: Location and Calling   For       Did Not    Management
      of Shareholder Meetings; Registration for           Vote
      Shareholder Meetings
12    Amend Articles Re: Time Designation at    For       Did Not    Management
      Shareholder Meetings                                Vote
13    Approve EUR 2.8 Million Capitalization of For       Did Not    Management
      Reserves                                            Vote
14    Authorize Issuance of Investment          For       Did Not    Management
      Certificates up to Aggregate Nominal                Vote
      Value of EUR 30 Million
15    Approve Issuance of Convertible Bonds     For       Did Not    Management
      and/or Bonds with Warrants Attached up to           Vote
      Aggregate Nominal Amount of EUR 100
      Million without Preemptive Rights;
      Approve Creation of EUR 2.9 Million Pool
      of Conditional Capital to Guarantee
      Conversion Rights


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

VOLGATELECOM (FRMRLY. NIZHNOSVYZINFORM)

Ticker:                      Security ID:  RU0009058234
Meeting Date: JUN 28, 2005   Meeting Type: Annual
Record Date:  MAY 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Annual Report, Financial          For       For        Management
      Statements, and Allocation of Income
2     Approve Dividends of RUB 1.38 Per         For       For        Management
      Ordinary Share and RUB 2.06 Per Preferred
      Share
3.1   Amend Charter                             For       For        Management
3.2   Amend Charter                             For       For        Management
3.3   Amend Charter                             For       For        Management
3.4   Amend Charter                             For       For        Management
3.5   Amend Charter                             For       For        Management
3.6   Amend Charter                             For       For        Management
3.7   Amend Charter                             For       For        Management
3.8   Amend Charter                             For       For        Management
3.9   Amend Charter                             For       For        Management
4     Amend Regulations on Board of Directors   For       For        Management
5.1   Amend Regulations of General Meetings     For       For        Management
5.2   Amend Regulations of General Meetings     For       For        Management
6.1   Elect Vladimir Andreev as Director        For       Abstain    Management
6.2   Elect Konstantin Beliaev as Director      For       Abstain    Management
6.3   Elect Maxim Bobin as Director             For       For        Management
6.4   Elect Sergei Bulancha as Director         For       Abstain    Management
6.5   Elect Alla Grigorieva as Director         For       Abstain    Management
6.6   Elect Ludmila Deviatkina as Director      For       Abstain    Management
6.7   Elect Valery Degtiarev as Director        For       Abstain    Management
6.8   Elect Sergei Kuznetsov as Director        For       Abstain    Management
6.9   Elect Denis Kulikov as Director           For       For        Management
6.10  Elect Georgy Romsky as Director           For       Abstain    Management
6.11  Elect Vitaly Slizen as Director           For       Abstain    Management
6.12  Elect Oleg Fedorov as Director            For       For        Management
6.13  Elect Michael Haywood as Director         For       Abstain    Management
6.14  Elect Sergei Chernogrodsky as Director    For       Abstain    Management
6.15  Elect Evgeny Chechelnitsky as Director    For       Abstain    Management
7.1   Elect Bogdan Golubitsky as Member of      For       For        Management
      Inspection Committee (Audit Commission)
7.2   Elect Tatiana Zubova as Member of         For       For        Management
      Inspection Committee (Audit Commission)
7.3   Elect Alexander Kachurin as Member of     For       For        Management
      Inspection Committee (Audit Commission)
7.4   Elect Olga Koroleva as Member of          For       For        Management
      Inspection Committee (Audit Commission)
7.5   Elect Natalia Feoktistova as Member of    For       For        Management
      Inspection Committee (Audit Commission)
8     Ratify Ernst and Young Vneshaudit as      For       For        Management
      Auditor
9     Approve Remuneration of Board of          For       For        Management
      Directors
10    Teminate Company's Membership in          For       For        Management
      Association of Operators of Federal
      Network of Business Servicing 'Iskra'
11    Teminate Company's Membership in          For       For        Management
      Association of Operators of Federal
      Cellular Newtork NMT-450
12    Teminate Company's Membership in Union of For       For        Management
      Manufacturers and Consumers of
      Communication Facilities Equipment


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

WEST AUSTRALIAN NEWSPAPERS HOLDINGS LTD.

Ticker:                      Security ID:  AU000000WAN0
Meeting Date: NOV 3, 2004    Meeting Type: Annual
Record Date:  NOV 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect M.K. Ward as Director               For       For        Management


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

WHATMAN PLC

Ticker:                      Security ID:  GB0006066574
Meeting Date: NOV 30, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Acquisition of Schleicher &       For       For        Management
      Schuell GmbH Pursuant to the Acquisition
      Agreement
2     Approve Executive Share Option Plan for   For       Against    Management
      Bob Thian


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

WINCOR NIXDORF AG

Ticker:                      Security ID:  DE000A0CAYB2
Meeting Date: JAN 25, 2005   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 1.21 per Share                     Vote
3     Approve Discharge of Management Board for For       Did Not    Management
      Fiscal 2003/2004                                    Vote
4     Approve Discharge of Supervisory Board    For       Did Not    Management
      for Fiscal 2003/2004                                Vote
5     Ratify KPMG Deutsche                      For       Did Not    Management
      Treuhand-Gesellschaft AG as Auditors                Vote
6     Authorize Share Repurchase Program and    For       Did Not    Management
      Reissuance of Repurchased Shares                    Vote


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

YODOGAWA STEEL WORKS LTD.

Ticker:                      Security ID:  JP3959400007
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 5,
      Final JY 9, 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
3     Appoint Alternate Internal Statutory      For       Against    Management
      Auditor
4     Approve Deep Discount Stock Option Plan   For       For        Management




================================ LIFE SCIENCES =================================


ABBOTT LABORATORIES

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

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


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

AETNA INC.

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

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


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

AMERICAN MEDICAL SYSTEMS HOLDINGS, INC.

Ticker:       AMMD           Security ID:  02744M108
Meeting Date: MAY 5, 2005    Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin J. Emerson         For       For        Management
1.2   Elect  Director Richard B. Emmitt         For       For        Management
1.3   Elect  Director Christopher H. Porter,    For       Withhold   Management
      Ph.D.
2     Approve Omnibus Stock Plan                For       Against    Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management


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

AMGEN, INC.

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

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dr. David Baltimore       For       For        Management
1.2   Elect  Director Ms. Judith C. Pelham      For       For        Management
1.3   Elect  Director Mr. Kevin W. Sharer       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Eliminate Animal Testing                  Against   Against    Shareholder
4     Review/Limit Executive Compensation       Against   Against    Shareholder
5     Adopt Retention Ratio for Executives      Against   Against    Shareholder


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

APPLERA CORP

Ticker:       ABI            Security ID:  038020103
Meeting Date: OCT 21, 2004   Meeting Type: Annual
Record Date:  AUG 30, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Richard H. Ayers          For       For        Management
1.2   Elect  Director Jean-Luc Belingard        For       For        Management
1.3   Elect  Director Robert H. Hayes           For       For        Management
1.4   Elect  Director Arnold J. Levine          For       For        Management
1.5   Elect  Director William H. Longfield      For       For        Management
1.6   Elect  Director Theodore E. Martin        For       For        Management
1.7   Elect  Director Carolyn W. Slayman        For       For        Management
1.8   Elect  Director Orin R. Smith             For       For        Management
1.9   Elect  Director James R. Tobin            For       For        Management
1.10  Elect  Director Tony L. White             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Employee Stock Purchase Plan        For       For        Management
4     Amend Omnibus Stock Plan                  For       Against    Management
5     Amend Omnibus Stock Plan                  For       Against    Management


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

APRIA HEALTHCARE GROUP, INC.

Ticker:       AHG            Security ID:  037933108
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  MAR 11, 2005

#     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
2     Ratify Auditors                           For       For        Management


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

BECKMAN COULTER, INC.

Ticker:       BEC            Security ID:  075811109
Meeting Date: APR 7, 2005    Meeting Type: Annual
Record Date:  FEB 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Hugh K. Coble             For       For        Management
1.2   Elect  Director Kevin M. Farr             For       For        Management
1.3   Elect  Director Van B. Honeycutt          For       For        Management
1.4   Elect  Director Betty Woods               For       For        Management
2     Increase Authorized Common Stock          For       For        Management


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

BIOMET, INC.

Ticker:       BMET           Security ID:  090613100
Meeting Date: SEP 18, 2004   Meeting Type: Annual
Record Date:  JUL 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director M. Ray Harroff            For       Withhold   Management
1.2   Elect  Director Jerry L. Miller           For       For        Management
1.3   Elect  Director Charles E. Niemier        For       Withhold   Management
1.4   Elect  Director L. Gene Tanner            For       For        Management
2     Ratify Auditors                           For       For        Management


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

C. R. BARD, INC.

Ticker:       BCR            Security ID:  067383109
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director T. Kevin Dunnigan          For       For        Management
1.2   Elect Director Gail K. Naughton, Ph.D.    For       For        Management
1.3   Elect Director John H. Weiland            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adopt ILO based Code of Conduct           Against   Against    Shareholder


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

CAMBRIDGE ANTIBODY TECHNOLOGY GROUP PLC

Ticker:                      Security ID:  GB0001662252
Meeting Date: DEC 16, 2004   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 1,021,798.30
      Pursuant to Subscription Agreement with
      AstraZeneca
2     Authorise Issuance of Equity or           For       Against    Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 1,710,941 and without Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 256,641


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

CAMBRIDGE ANTIBODY TECHNOLOGY GROUP PLC

Ticker:                      Security ID:  GB0001662252
Meeting Date: FEB 4, 2005    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     Re-elect Sir Aaron Klug as Director       For       For        Management
4     Elect Christopher Marshall as Director    For       For        Management
5     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise Board to Fix
      Remuneration of Auditors
6     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 1,712,935
7     Authorise Issuance of Equity or           For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 256,954
8     Authorise EU Political Donations up to    For       For        Management
      Aggregate Nominal Amount of GBP 5,000
9     Amend Cambridge Antibody Technology Group For       For        Management
      plc Executive Incentive Plan


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

CARDIODYNAMICS INTERNATIONAL CORPORATION

Ticker:       CDIC           Security ID:  141597104
Meeting Date: JUL 15, 2004   Meeting Type: Annual
Record Date:  JUN 1, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Connie R. Curran          For       For        Management
1.2   Elect  Director Peter C. Farrell          For       For        Management
1.3   Elect  Director James C. Gilstrap         For       For        Management
1.4   Elect  Director Richard O. Martin         For       For        Management
1.5   Elect  Director Ronald A. Matricaria      For       For        Management
1.6   Elect  Director Ronald L. Merriman        For       For        Management
1.7   Elect  Director Michael K. Perry          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       Against    Management


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

CAREMARK RX, INC.

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

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


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

CHARLES RIVER LABORATORIES INTERNATIONAL, INC.

Ticker:       CRL            Security ID:  159864107
Meeting Date: OCT 20, 2004   Meeting Type: Special
Record Date:  SEP 13, 2004

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


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

CIGNA CORP.

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

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


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

COMMUNITY HEALTH SYSTEMS, INC.

Ticker:       CYH            Security ID:  203668108
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dale F. Frey              For       For        Management
1.2   Elect  Director John A. Fry               For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Expense Stock Options                     Against   For        Shareholder


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

COOPER COMPANIES, INC., THE

Ticker:       COO            Security ID:  216648402
Meeting Date: MAR 22, 2005   Meeting Type: Annual
Record Date:  FEB 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director A. Thomas Bender          For       For        Management
1.2   Elect  Director Edgar J. Cummins          For       For        Management
1.3   Elect  Director John D. Fruth             For       For        Management
1.4   Elect  Director Michael H. Kalkstein      For       For        Management
1.5   Elect  Director Moses Marx                For       For        Management
1.6   Elect  Director Donald Press              For       For        Management
1.7   Elect  Director Steven Rosenberg          For       For        Management
1.8   Elect  Director Allan E Rubenstein M.D.   For       For        Management
1.9   Elect  Director Robert S. Weiss           For       For        Management
1.10  Elect  Director Stanley Zinberg, M.D.     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management


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

COOPER COMPANIES, INC., THE

Ticker:       COO            Security ID:  216648402
Meeting Date: NOV 16, 2004   Meeting Type: Special
Record Date:  OCT 4, 2004

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


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

COVANCE INC.

Ticker:       CVD            Security ID:  222816100
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 10, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Randall Macdonald      For       Withhold   Management
1.2   Elect  Director Kathleen G. Murray        For       Withhold   Management
1.3   Elect  Director William C. Ughetta        For       Withhold   Management


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

DAVITA INC.

Ticker:       DVA            Security ID:  23918K108
Meeting Date: MAY 13, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nancy-Ann DeParle         For       For        Management
1.2   Elect  Director Richard B. Fontaine       For       For        Management
1.3   Elect  Director Peter T. Grauer           For       For        Management
1.4   Elect  Director Michele J. Hooper         For       For        Management
1.5   Elect  Director C. Raymond Larkin, Jr.    For       For        Management
1.6   Elect  Director John M. Nehra             For       For        Management
1.7   Elect  Director William L. Roper, M.D.    For       For        Management
1.8   Elect  Director Kent J. Thiry             For       For        Management
2     Amend Executive Incentive Bonus Plan      For       For        Management
3     Ratify Auditors                           For       For        Management


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

EDWARDS LIFESCIENCES CORPORATION

Ticker:       EW             Security ID:  28176E108
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John T. Cardis            For       For        Management
1.2   Elect  Director Philip M. Neal            For       For        Management
1.3   Elect  Director David E.I. Pyott          For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management


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

FISHER SCIENTIFIC INTERNATIONAL INC.

Ticker:       FSH            Security ID:  338032204
Meeting Date: MAY 6, 2005    Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Rosanne F. Coppola         For       For        Management
1.2   Elect Director Bruce L. Koepfgen          For       For        Management
1.3   Elect Director Paul M. Meister            For       For        Management
1.4   Elect Director W. Clayton Stephens        For       For        Management
1.5   Elect Director Richard W. Vieser          For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Ratify Auditors                           For       For        Management


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

GILEAD SCIENCES, INC.

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

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Paul Berg                  For       For        Management
1.2   Elect Director Etienne F. Davignon        For       For        Management
1.3   Elect Director James M. Denny             For       For        Management
1.4   Elect Director John C. Martin             For       For        Management
1.5   Elect Director Gordon E. Moore            For       For        Management
1.6   Elect Director Nicholas G. Moore          For       For        Management
1.7   Elect Director George P. Shultz           For       For        Management
1.8   Elect Director Gayle E. Wilson            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management
4     Report on Impact of HIV/AIDS, TB, and     Against   Against    Shareholder
      Malaria Pandemics


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

HENRY SCHEIN, INC.

Ticker:       HSIC           Security ID:  806407102
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stanley M. Bergman        For       Did Not    Management
                                                          Vote
1.2   Elect  Director Gerald A. Benjamin        For       Did Not    Management
                                                          Vote
1.3   Elect  Director James P. Breslawski       For       Did Not    Management
                                                          Vote
1.4   Elect  Director Mark E. Mlotek            For       Did Not    Management
                                                          Vote
1.5   Elect  Director Steven Paladino           For       Did Not    Management
                                                          Vote
1.6   Elect  Director Barry J. Alperin          For       Did Not    Management
                                                          Vote
1.7   Elect  Director Paul Brons                For       Did Not    Management
                                                          Vote
1.8   Elect  Director Dr. Margaret A. Hamburg   For       Did Not    Management
                                                          Vote
1.9   Elect  Director Donald J. Kabat           For       Did Not    Management
                                                          Vote
1.10  Elect  Director Philip A. Laskawy         For       Did Not    Management
                                                          Vote
1.11  Elect  Director Norman S. Matthews        For       Did Not    Management
                                                          Vote
1.12  Elect  Director Marvin H. Schein          For       Did Not    Management
                                                          Vote
1.13  Elect  Director Dr. Louis W. Sullivan     For       Did Not    Management
                                                          Vote
2     Amend Executive Incentive Bonus Plan      For       Did Not    Management
                                                          Vote
3     Increase Authorized Common Stock          For       Did Not    Management
                                                          Vote
4     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

INVERESK RESEARCH GROUP, INC

Ticker:       IRGI           Security ID:  461238107
Meeting Date: OCT 20, 2004   Meeting Type: Special
Record Date:  SEP 13, 2004

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


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

INVITROGEN CORP.

Ticker:       IVGN           Security ID:  46185R100
Meeting Date: APR 20, 2005   Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Balakrishnan S. Iyer      For       For        Management
1.2   Elect  Director Ronald A. Matricaria      For       For        Management
1.3   Elect  Director W. Ann Reynolds, Ph.D.    For       For        Management
1.4   Elect  Director Jay M. Short, Ph.D.       For       For        Management
2     Ratify Auditors                           For       For        Management


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

IVAX CORP.

Ticker:       IVX            Security ID:  465823102
Meeting Date: JUL 15, 2004   Meeting Type: Annual
Record Date:  MAY 24, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Betty G. Amos             For       Withhold   Management
1.2   Elect  Director Mark Andrews              For       Withhold   Management
1.3   Elect  Director Ernst Biekert, Ph.D.      For       Withhold   Management
1.4   Elect  Director Paul L. Cejas             For       For        Management
1.5   Elect  Director Jack Fishman, Ph.D.       For       Withhold   Management
1.6   Elect  Director Neil Flanzraich           For       Withhold   Management
1.7   Elect  Director Phillip Frost, M.D.       For       Withhold   Management
1.8   Elect  Director Bruce W. Greer            For       For        Management
1.9   Elect  Director Jane Hsiao, Ph.D.         For       Withhold   Management
1.10  Elect  Director David A. Lieberman        For       Withhold   Management
1.11  Elect  Director Richard C. Pfenniger, Jr. For       Withhold   Management
1.12  Elect  Director Bertram Pitt, M.D.        For       Withhold   Management
2     Approve Omnibus Stock Plan                For       Against    Management


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

JOHNSON & JOHNSON

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

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


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

LIFEPOINT HOSPITALS, INC.

Ticker:       LPNT           Security ID:  53219L109
Meeting Date: JUN 30, 2005   Meeting Type: Annual
Record Date:  MAY 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kenneth C. Donahey        For       For        Management
1.2   Elect  Director Richard H. Evans          For       For        Management
1.3   Elect  Director Michael P. Haley          For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


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

MEDICIS PHARMACEUTICAL CORP.

Ticker:       MRX            Security ID:  584690309
Meeting Date: NOV 17, 2004   Meeting Type: Annual
Record Date:  OCT 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jonah Shacknai             For       For        Management
1.2   Elect Director Michael A. Pietrangelo     For       For        Management
1.3   Elect Director Lottie H. Shackelford      For       For        Management
2     Approve Stock Option Plan                 For       Against    Management
3     Ratify Auditors                           For       For        Management


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

MEDTRONIC, INC.

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

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


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

MENTOR CORP.

Ticker:       MNT            Security ID:  587188103
Meeting Date: SEP 15, 2004   Meeting Type: Annual
Record Date:  JUL 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Increase in Size of Board         For       For        Management
2.1   Elect  Director Christopher J. Conway     For       For        Management
2.2   Elect  Director Walter W. Faster          For       For        Management
2.3   Elect  Director Eugene G. Glover          For       For        Management
2.4   Elect  Director Michael Nakonechny        For       For        Management
2.5   Elect  Director Ronald J. Rossi           For       For        Management
2.6   Elect  Director Jeffrey W. Ubben          For       For        Management
2.7   Elect  Director Richard W. Young          For       Withhold   Management
2.8   Elect  Director Michael L. Emmons         For       For        Management
2.9   Elect  Director Joshua H. Levine          For       For        Management
2.10  Elect  Director Adel Michael              For       For        Management
2.11  Elect  Director Joseph E. Whitters        For       For        Management
3     Ratify Auditors                           For       For        Management


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

MOLINA HEALTHCARE, INC.

Ticker:       MOH            Security ID:  60855R100
Meeting Date: APR 27, 2005   Meeting Type: Annual
Record Date:  MAR 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director J. Mario Molina, M.D.     For       For        Management
1.2   Elect  Director Ronna Romney              For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management


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

MYLAN LABORATORIES INC.

Ticker:       MYL            Security ID:  628530107
Meeting Date: JUL 30, 2004   Meeting Type: Annual
Record Date:  JUN 11, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Milan Puskar              For       For        Management
1.2   Elect  Director Robert J. Coury           For       For        Management
1.3   Elect  Director Wendy Cameron             For       For        Management
1.4   Elect  Director Laurence S. Delynn        For       Withhold   Management
1.5   Elect  Director Douglas J. Leech          For       Withhold   Management
1.6   Elect  Director Joseph C. Maroon, M.D.    For       For        Management
1.7   Elect  Director Rod Piatt                 For       For        Management
1.8   Elect  Director Patricia A. Sunseri       For       For        Management
1.9   Elect  Director C.B. Todd                 For       For        Management
1.10  Elect  Director R.L. Vanderveen, Ph.D.    For       For        Management
1.11  Elect  Director Stuart A. Williams, Esq   For       For        Management


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

NOVARTIS AG

Ticker:       NVS            Security ID:  CH0012005267
Meeting Date: MAR 1, 2005    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          For       Did Not    Management
      Dividends of CHF 1.05 per Share                     Vote
4     Approve CHF 19 Million Reduction in Share For       Did Not    Management
      Capital via Share Cancellation                      Vote
5     Authorize Repurchase of up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
6.1   Reelect Birgit Breuel as Director         For       Did Not    Management
                                                          Vote
6.2   Reelect Peter Burckhardt as Director      For       Did Not    Management
                                                          Vote
6.3   Reelect Alexandre Jetzer as Director      For       Did Not    Management
                                                          Vote
6.4   Reelect Pierre Landolt as Director        For       Did Not    Management
                                                          Vote
6.5   Reelect Ulrich Lehner as Director         For       Did Not    Management
                                                          Vote
7     Ratify PricewaterhouseCoopers AG as       For       Did Not    Management
      Auditors                                            Vote


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

PACIFICARE HEALTH SYSTEMS, INC.

Ticker:       PHS            Security ID:  695112102
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Aida Alvarez              For       For        Management
1.2   Elect  Director Bradley C. Call           For       For        Management
1.3   Elect  Director Terry O. Hartshorn        For       Withhold   Management
1.4   Elect  Director Dominic Ng                For       For        Management
1.5   Elect  Director Howard G. Phanstiel       For       For        Management
1.6   Elect  Director Warren E. Pinckert II     For       For        Management
1.7   Elect  Director David A. Reed             For       For        Management
1.8   Elect  Director Charles R. Rinehart       For       For        Management
1.9   Elect  Director Linda Rosenstock          For       For        Management
1.10  Elect  Director Lloyd E. Ross             For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Ratify Auditors                           For       For        Management


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

PATTERSON  COS INC.

Ticker:       PDCO           Security ID:  703395103
Meeting Date: SEP 13, 2004   Meeting Type: Annual
Record Date:  JUL 19, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Ellen A. Rudnick          For       For        Management
1.2   Elect  Director Peter L. Frechette        For       For        Management
1.3   Elect  Director David K. Beecken          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

PERKINELMER INC.

Ticker:       PKI            Security ID:  714046109
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Tamara J. Erickson         For       For        Management
1.2   Elect Director Nicholas A. Lopardo        For       For        Management
1.3   Elect Director Alexis P. Michas           For       For        Management
1.4   Elect Director James C. Mullen            For       For        Management
1.5   Elect Director Vicki L. Sato              For       For        Management
1.6   Elect Director Gabriel Schmergel          For       For        Management
1.7   Elect Director Kenton J. Sicchitano       For       For        Management
1.8   Elect Director Gregory L. Summe           For       For        Management
1.9   Elect Director G. Robert Tod              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       Against    Management


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

QIAGEN N.V.

Ticker:       QGEN           Security ID:  N72482107
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  MAY 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PROPOSAL TO ADOPT THE ANNUAL ACCOUNTS FOR For       For        Management
      THE YEAR ENDED DECEMBER 31, 2004 ( FISCAL
      YEAR 2004 ).
2     PROPOSAL TO APPROVE THE PERFORMANCE OF    For       For        Management
      THE MANAGING BOARD DURING FISCAL YEAR
      2004, INCLUDING A DISCHARGE FROM
      LIABILITY.
3     PROPOSAL TO APPROVE THE PERFORMANCE OF    For       For        Management
      THE SUPERVISORY BOARD DURING FISCAL YEAR
      2004, INCLUDING A DISCHARGE FROM
      LIABILITY.
4     PROPOSAL TO REAPPOINT DR. METIN COLPAN,   For       For        Management
      DR. HEINRICH HORNEF, MR. ERIK HORNNAESS,
      PROF. DR. MANFRED KAROBATH, PROF. DR.
      DETLEV H. RIESNER, MR. JOCHEN WALTER AND
      DR. FRANZ A. WIRTZ AS SUPERVISORY
      DIRECTORS OF THE COMPANY.
5     PROPOSAL TO REAPPOINT MR. PEER M. SCHATZ, For       For        Management
      DR. JOACHIM SCHORR AND MR. BERND UDER AS
      MANAGING DIRECTORS OF THE COMPANY.
6     PROPOSAL TO ADOPT THE REMUNERATION POLICY For       Against    Management
      WITH RESPECT TO THE MANAGING BOARD AND
      APPROVE GUIDELINES REGARDING
      REMUNERATION.
7     PROPOSAL TO ADOPT CASH REMUNERATION OF    For       For        Management
      THE SUPERVISORY BOARD.
8     PROPOSAL TO ADOPT EQUITY-BASED            For       Against    Management
      REMUNERATION OF THE SUPERVISORY BOARD.
9     Ratify Auditors                           For       For        Management
10    PROPOSAL TO EXTEND THE AUTHORITY OF THE   For       Against    Management
      MANAGING BOARD UNTIL DECEMBER 14, 2006,
      PURSUANT TO ARTICLE 6 OF THE ARTICLES OF
      ASSOCIATION.
11    PROPOSAL TO AMEND THE ARTICLES OF         For       For        Management
      ASSOCIATION OF THE COMPANY.
12    PROPOSAL TO APPROVE THE AMENDED AND       For       Against    Management
      RESTATED 2005 STOCK PLAN.


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

RENAL CARE GROUP, INC.

Ticker:       RCI            Security ID:  759930100
Meeting Date: JUN 8, 2005    Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter J. Grua             For       For        Management
1.2   Elect  Director William P. Johnston       For       For        Management
1.3   Elect  Director C. Thomas Smith           For       For        Management
2     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan


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

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  80105N105
Meeting Date: DEC 23, 2004   Meeting Type: Special
Record Date:  NOV 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Aventis   For       For        Management
      by Sanofi-Aventis; Authorize Issuance of
      19.1 Million Shares to Compensate Aventis
      Minority Shareholders
2     Approve Accounting Treatment of           For       For        Management
      Absorption
3     Assume Obligations of 257,248 Outstanding For       For        Management
      Aventis Warrants; Authorize Issuance of
      Up to 301,984 Sanofi-Aventis Shares to
      Satisfy Conversion of Aventis Warrants
4     Assume Obligations of 48.08 Million       For       For        Management
      Outstanding Aventis Stock Options;
      Authorize Issuance of Sanofi-Aventis
      Shares to Satisfy Conversion of Aventis
      Stock Options
5     Set Dec. 31, 2004, as Effective Date of   For       For        Management
      Merger and Related Capital Increase to
      Aventis Minority Shareholders
6     Amend Articles to Reflect Changes in      For       For        Management
      Capital
7     Approve Capital Increase Reserved for     For       For        Management
      Employees Participating in
      Savings-Related Share Purchase Plan
8     Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


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

SANOFI-AVENTIS (FORMERLY SANOFI-SYNTHELABO )

Ticker:                      Security ID:  80105N105
Meeting Date: MAY 31, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE INDIVIDUAL COMPANY        For       Did Not    Management
      FINANCIAL STATEMENTS                                Vote
2     APPROVAL OF THE CONSOLIDATED FINANCIAL    For       Did Not    Management
      STATEMENTS                                          Vote
3     APPROPRIATION OF PROFITS; DECLARATION OF  For       Did Not    Management
      DIVIDEND                                            Vote
4     APPROVAL OF TRANSACTIONS COVERED BY THE   For       Did Not    Management
      STATUTORY AUDITORS SPECIAL REPORT                   Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     AUTHORIZATION TO THE BOARD OF DIRECTORS   For       Did Not    Management
      TO CARRY OUT TRANSACTIONS IN SHARES                 Vote
      ISSUED BY THE COMPANY
8     TERMINATION OF THE AUTHORITY TO ISSUE     For       Did Not    Management
      BONDS                                               Vote
9     TO CARRY OUT INCREASES IN THE SHARE       For       Did Not    Management
      CAPITAL BY ISSUANCE, WITH PREEMPTIVE                Vote
      RIGHTS MAINTAINED
10    TO CARRY OUT INCREASES IN THE SHARE       For       Did Not    Management
      CAPITAL BY ISSUANCE, WITHOUT PREEMPTIVE             Vote
      RIGHTS
11    TO CARRY OUT INCREASES IN THE SHARE       For       Did Not    Management
      CAPITAL BY INCORPORATION OF SHARE                   Vote
      PREMIUM, RESERVES, PROFITS OR OTHER ITEMS
12    TO INCREASE THE NUMBER OF SHARES TO BE    For       Did Not    Management
      ISSUED IN THE EVENT OF A CAPITAL INCREASE           Vote
      WITH OR WITHOUT PREEMPTIVE RIGHTS
13    TO CARRY OUT INCREASES IN THE SHARE       For       Did Not    Management
      CAPITAL BY ISSUANCE OF SHARES RESERVED              Vote
      FOR EMPLOYEES WITH WAIVER OF PREEMPTIVE
      RIGHTS
14    DELEGATION TO THE BOARD OF DIRECTORS OF   For       Did Not    Management
      AUTHORITY TO GRANT OPTIONS TO SUBSCRIBE             Vote
      FOR OR PURCHASE SHARES
15    DELEGATION TO THE BOARD TO ALLOT EXISTING For       Did Not    Management
      OR NEW SHARES FREE OF CHARGE TO ALL OR              Vote
      SOME SALARIED EMPLOYEES OF THE GROUP
16    DELEGATION TO THE BOARD OF DIRECTORS OF   For       Did Not    Management
      POWERS TO REDUCE THE SHARE CAPITAL BY               Vote
      CANCELLATION OF TREASURY SHARES
17    POWERS FOR THE ACCOMPLISHMENT OF          For       Did Not    Management
      FORMALITIES                                         Vote


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

SCHERING-PLOUGH CORP.

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

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


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

SENIOR HOUSING PROPERTIES TRUST

Ticker:       SNH            Security ID:  81721M109
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director F.N. Zeytoonjian          For       For        Management


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

SEROLOGICALS CORP.

Ticker:       SERO           Security ID:  817523103
Meeting Date: MAY 11, 2005   Meeting Type: Annual
Record Date:  MAR 23, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert J. Clanin          For       For        Management
1.2   Elect  Director Gerard M. Moufflet        For       For        Management
1.3   Elect  Director Lawrence E. Tilton        For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Increase Authorized Common Stock          For       Against    Management
4     Ratify Auditors                           For       For        Management


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

SFBC INTERNATIONAL INC

Ticker:       SFCC           Security ID:  784121105
Meeting Date: JUN 21, 2005   Meeting Type: Annual
Record Date:  APR 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Lisa Krinsky, M.D.        For       For        Management
1.2   Elect  Director Arnold Hantman            For       For        Management
1.3   Elect  Director Jeffrey P. Mcmullen       For       For        Management
1.4   Elect  Director Jack Levine               For       For        Management
1.5   Elect  Director David Lucking             For       For        Management
1.6   Elect  Director Dr. Leonard Weinstein     For       For        Management
1.7   Elect  Director Arnold Golieb             For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management
5     Other Business                            For       Against    Management


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

STRYKER CORP.

Ticker:       SYK            Security ID:  863667101
Meeting Date: APR 26, 2005   Meeting Type: Annual
Record Date:  FEB 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director John W. Brown             For       For        Management
1.2   Elect  Director Howard E. Cox, Jr.        For       For        Management
1.3   Elect  Director Donald M. Engelman, Ph.D. For       For        Management
1.4   Elect  Director Jerome H. Grossman, M.D.  For       For        Management
1.5   Elect  Director Stephen P. MacMillan      For       For        Management
1.6   Elect  Director William U. Parfet         For       For        Management
1.7   Elect  Director Ronda E. Stryker          For       For        Management


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

SYMBION, INC.

Ticker:       SMBI           Security ID:  871507109
Meeting Date: MAY 10, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jack Tyrrell              For       For        Management
1.2   Elect  Director Frederick L. Bryant       For       For        Management
1.3   Elect  Director Richard E. Francis, Jr.   For       For        Management
2     Ratify Auditors                           For       For        Management


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

UNITED THERAPEUTICS CORP.

Ticker:       UTHR           Security ID:  91307C102
Meeting Date: JUN 29, 2005   Meeting Type: Annual
Record Date:  MAY 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Raymond Dwek              For       For        Management
1.2   Elect  Director Roger Jeffs               For       For        Management
1.3   Elect  Director Christopher Patusky       For       For        Management


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

UNITEDHEALTH GROUP INCORPORATED

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

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


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

UROLOGIX, INC.

Ticker:       ULGX           Security ID:  917273104
Meeting Date: NOV 9, 2004    Meeting Type: Annual
Record Date:  SEP 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bobby I. Griffin          For       For        Management
1.2   Elect  Director Guy C. Jackson            For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Other Business                            For       Against    Management


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

WELLPOINT INC

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

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




================================== TECHNOLOGY ==================================


AFFILIATED COMPUTER SERVICES, INC.

Ticker:       ACS            Security ID:  008190100
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  SEP 17, 2004

#     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


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

ALAMOSA HOLDINGS, INC.

Ticker:       APCS           Security ID:  011589108
Meeting Date: FEB 15, 2005   Meeting Type: Special
Record Date:  JAN 12, 2005

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


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

AMERICAN POWER CONVERSION CORP.

Ticker:       APCC           Security ID:  029066107
Meeting Date: JUN 9, 2005    Meeting Type: Annual
Record Date:  APR 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Fix Number of Directors                   For       For        Management
2.1   Elect  Director Rodger B. Dowdell, Jr.    For       For        Management
2.2   Elect  Director Neil E. Rasmussen         For       For        Management
2.3   Elect  Director Ervin F. Lyon             For       For        Management
2.4   Elect  Director James D. Gerson           For       For        Management
2.5   Elect  Director John G. Kassakian         For       For        Management
2.6   Elect  Director John F. Keane, Sr.        For       For        Management
2.7   Elect  Director Ellen B. Richstone        For       For        Management
3     Ratify Auditors                           For       For        Management


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

APPLE COMPUTER, INC.

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

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


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

AQUANTIVE, INC.

Ticker:       AQNT           Security ID:  03839G105
Meeting Date: MAY 25, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Nicolas J. Hanauer        For       Withhold   Management
1.2   Elect  Director Brian P. McAndrews        For       For        Management
1.3   Elect  Director Jack Sansolo, Ph.D.       For       For        Management


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

ARROW ELECTRONICS, INC.

Ticker:       ARW            Security ID:  042735100
Meeting Date: MAY 6, 2005    Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Daniel W. Duval           For       Did Not    Management
                                                          Vote
1.2   Elect  Director John N. Hanson            For       Did Not    Management
                                                          Vote
1.3   Elect  Director M.F. (fran) Keeth         For       Did Not    Management
                                                          Vote
1.4   Elect  Director Roger King                For       Did Not    Management
                                                          Vote
1.5   Elect  Director Karen Gordon Mills        For       Did Not    Management
                                                          Vote
1.6   Elect  Director William E. Mitchell       For       Did Not    Management
                                                          Vote
1.7   Elect  Director Stephen C. Patrick        For       Did Not    Management
                                                          Vote
1.8   Elect  Director Barry W. Perry            For       Did Not    Management
                                                          Vote
1.9   Elect  Director John C. Waddell           For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote
3     Other Business                            For       Did Not    Management
                                                          Vote


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

ASYST TECHNOLOGIES, INC.

Ticker:       ASYT           Security ID:  04648X107
Meeting Date: SEP 21, 2004   Meeting Type: Annual
Record Date:  JUL 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Stephen S. Schwartz,      For       For        Management
      Ph.D.
1.2   Elect  Director P. Jackson Bell           For       For        Management
1.3   Elect  Director Stanley Grubel            For       For        Management
1.4   Elect  Director Tsuyoshi Kawanishi        For       Withhold   Management
1.5   Elect  Director Robert A. McNamara        For       For        Management
1.6   Elect  Director Anthony E. Santelli       For       For        Management
1.7   Elect  Director Walter W. Wilson          For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


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

ATI TECHNOLOGIES INC.

Ticker:       ATY.           Security ID:  001941103
Meeting Date: JAN 25, 2005   Meeting Type: Annual/Special
Record Date:  DEC 15, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect John E. Caldwell, Ronald Chwang,    For       For        Management
      James D. Fleck, K.Y. Ho, Alan D. Horn,
      Paul Russo and Robert A. Young as
      Directors
2     Ratify KPMG LLP as Auditors               For       For        Management
3     Approve Continuation of Company Under     For       For        Management
      Canadian Business Corporation Act
4     Confirmation of CBCA By-Law               For       For        Management
5     Amend Stock Option Plan                   For       Against    Management
6     Amend Stock Option Plan : Tandem SAR      For       Against    Management


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

BROADCOM CORP.

Ticker:       BRCM           Security ID:  111320107
Meeting Date: APR 28, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     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 Scott A. McGregor         For       For        Management
1.4   Elect  Director Alan E. Ross              For       For        Management
1.5   Elect  Director Henry Samueli, Ph.D.      For       For        Management
1.6   Elect  Director Robert E. Switz           For       For        Management
1.7   Elect  Director Werner F. Wolfen          For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management
4     Link Executive Compensation to Social and Against   Against    Shareholder
      Financial Issues


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

BROCADE COMMUNICATIONS SYSTEMS

Ticker:       BRCDE          Security ID:  111621108
Meeting Date: APR 22, 2005   Meeting Type: Annual
Record Date:  FEB 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael Klayko            For       For        Management
1.2   Elect  Director Nicholas G. Moore         For       For        Management
2     Ratify Auditors                           For       For        Management


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

CACI INTERNATIONAL, INC.

Ticker:       CAI            Security ID:  127190304
Meeting Date: DEC 1, 2004    Meeting Type: Annual
Record Date:  OCT 4, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Herbert W. Anderson       For       For        Management
1.2   Elect  Director Michael J. Bayer          For       For        Management
1.3   Elect  Director Peter A. Derow            For       For        Management
1.4   Elect  Director Richard L. Leatherwood    For       For        Management
1.5   Elect  Director J. Phillip London         For       For        Management
1.6   Elect  Director Barbara A. McNamara       For       For        Management
1.7   Elect  Director Arthur L. Money           For       For        Management
1.8   Elect  Director Warren R. Phillips        For       For        Management
1.9   Elect  Director Charles P. Revoile        For       Withhold   Management
1.10  Elect  Director John M. Toups             For       For        Management
1.11  Elect  Director Larry D. Welch            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management
4     Adjourn Meeting                           For       Against    Management


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

CHENG UEI PRECISIO

Ticker:                      Security ID:  TW0002392008
Meeting Date: JUN 10, 2005   Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 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 Cash     For       For        Management
      Dividend of NTD 1.50 per Share and Stock
      Dividend of 100 Shares per 1000 Shares
3.1   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
3.2   Amend Procedures Governing the            For       Against    Management
      Acquisition or Disposal of Assets
3.3   Amend Articles of Association             For       Against    Management
3.4   Elect Directors and Supervisors           For       For        Management
3.5   Approve Release of Restrictions of        For       For        Management
      Competitive Activities of Directors
4     Other Business                            For       Against    Management


- --------------------------------------------------------------------------------

CHINA MOBILE (HONG KONG) LIMITED

Ticker:       CHL            Security ID:  HK0941009539
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of HK$0.46 Per     For       For        Management
      Share
3a    Reelect Wang Jianzhou as Director         For       For        Management
3b    Reelect Zhang Chenshuang as Director      For       For        Management
3c    Reelect Li Mofang as Director             For       For        Management
3d    Reelect Julian Michael Horn-Smith as      For       For        Management
      Director
3e    Reelect Li Yue as Director                For       For        Management
3f    Reelect He Ning as Director               For       For        Management
3g    Reelect Frank Wong Kwong Shing as         For       For        Management
      Director
4     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
5     Approve Repurchase of Up to 10 Percent of For       For        Management
      Issued Capital
6     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares


- --------------------------------------------------------------------------------

CHINA UNICOM

Ticker:                      Security ID:  HK0762009410
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Final Dividend of RMB 0.10 Per    For       Did Not    Management
      Share                                               Vote
3a    Reelect Shang Bing as Director            For       Did Not    Management
                                                          Vote
3b    Reelect Wu Jinglian as Director           For       Did Not    Management
                                                          Vote
3c    Reelect Shan Weijian as Director          For       Did Not    Management
                                                          Vote
3d    Reelect Zhao Le as Director               For       Did Not    Management
                                                          Vote
3e    Authorize Board to Fix the Remuneration   For       Did Not    Management
      of Directors for the Year Ending Dec. 31,           Vote
      2005
4     Reappoint PricewaterhouseCoopers as       For       Did Not    Management
      Auditors and Authorize Board to Fix Their           Vote
      Remuneration for the Year Ending Dec. 31,
      2005
5     Approve Repurchase of Up to 10 Percent of For       Did Not    Management
      Issued Capital                                      Vote
6     Approve Issuance of Equity or             For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights
7     Authorize Reissuance of Repurchased       For       Did Not    Management
      Shares                                              Vote


- --------------------------------------------------------------------------------

CHINA UNICOM

Ticker:                      Security ID:  HK0762009410
Meeting Date: MAY 12, 2005   Meeting Type: Special
Record Date:  MAY 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Transfer Agreement of the New     For       Did Not    Management
      CDMA Lease                                          Vote
2     Approve Transfer Agreement of the New     For       Did Not    Management
      Comprehensive Services Agreements                   Vote
3     Approve Transfer Agreement of the New     For       Did Not    Management
      Comprehensive Operator Services Agreement           Vote
4     Approve New Guoxin Premises Leasing       For       Did Not    Management
      Agreement                                           Vote
5     Approve Caps for Each of the Financial    For       Did Not    Management
      Years Ending Dec. 31, 2005 and 2006 on              Vote
      Each of the Capped Continuing Connected
      Transactions
6     Approve That There Be No Caps on the      For       Did Not    Management
      Transaction Amount of Each of the No Caps           Vote
      Continuing Connected Transactions
7     Authorize Directors to Do All Acts        For       Did Not    Management
      Necessary to Implement the Terms of the             Vote
      Continuing Connected Transactions


- --------------------------------------------------------------------------------

CINCINNATI BELL INC.

Ticker:       CBB            Security ID:  171871106
Meeting Date: APR 29, 2005   Meeting Type: Annual
Record Date:  MAR 4, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bruce L. Byrnes           For       For        Management
1.2   Elect  Director John F. Cassidy           For       For        Management
1.3   Elect  Director Robert W. Mahoney         For       For        Management
1.4   Elect  Director Daniel J. Meyer           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management


- --------------------------------------------------------------------------------

COGNIZANT TECHNOLOGY SOLUTIONS CORP.

Ticker:       CTSH           Security ID:  192446102
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert W. Howe            For       Did Not    Management
                                                          Vote
1.2   Elect  Director Robert E. Weissman        For       Did Not    Management
                                                          Vote
2     Amend Omnibus Stock Plan                  For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

COMVERSE TECHNOLOGY, INC.

Ticker:       CMVT           Security ID:  205862402
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kobi Alexander            For       Did Not    Management
                                                          Vote
1.2   Elect  Director Raz Alon                  For       Did Not    Management
                                                          Vote
1.3   Elect  Director Itsik Danziger            For       Did Not    Management
                                                          Vote
1.4   Elect  Director John H. Friedman          For       Did Not    Management
                                                          Vote
1.5   Elect  Director Ron Hiram                 For       Did Not    Management
                                                          Vote
1.6   Elect  Director Sam Oolie                 For       Did Not    Management
                                                          Vote
1.7   Elect  Director William F. Sorin          For       Did Not    Management
                                                          Vote
2     Approve Omnibus Stock Plan                For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

CORPORATE EXECUTIVE BOARD CO. (THE)

Ticker:       EXBD           Security ID:  21988R102
Meeting Date: JUL 28, 2004   Meeting Type: Annual
Record Date:  JUN 23, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director James J. Mcgonigle        For       For        Management
1.2   Elect  Director Robert C. Hall            For       For        Management
1.3   Elect  Director Nancy J. Karch            For       For        Management
1.4   Elect  Director David W. Kenny            For       For        Management
1.5   Elect  Director Daniel O. Leemon          For       For        Management
1.6   Elect  Director Thomas L. Monahan III     For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

COVANSYS CORPORATION

Ticker:       CVNS           Security ID:  22281W103
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Hugh R. Harris            For       Did Not    Management
                                                          Vote
1.2   Elect  Director William C. Brooks         For       Did Not    Management
                                                          Vote
1.3   Elect  Director John A. Stanley           For       Did Not    Management
                                                          Vote
1.4   Elect  Director Gary C. Wendt             For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

CREE, INC.

Ticker:       CREE           Security ID:  225447101
Meeting Date: NOV 4, 2004    Meeting Type: Annual
Record Date:  SEP 7, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director F. Neal Hunter            For       Withhold   Management
1.2   Elect  Director Charles M. Swoboda        For       Withhold   Management
1.3   Elect  Director John W. Palmour, Ph.D.    For       Withhold   Management
1.4   Elect  Director Dolph W. von Arx          For       Withhold   Management
1.5   Elect  Director James E. Dykes            For       Withhold   Management
1.6   Elect  Director Robert J. Potter, Ph.D.   For       Withhold   Management
1.7   Elect  Director Harvey A. Wagner          For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

DITECH COMMUNICATIONS CORP

Ticker:       DITC           Security ID:  25500M103
Meeting Date: SEP 17, 2004   Meeting Type: Annual
Record Date:  JUL 27, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mr. Hasler                For       For        Management
1.2   Elect  Director Mr. Montgomery            For       For        Management
2     Amend Option Plan and Delete the Ability  For       Against    Management
      of the Board to Reprice Stock Options
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

DREAMWORKS ANIMATION SKG, INC.

Ticker:       DWA            Security ID:  26153C103
Meeting Date: JUN 22, 2005   Meeting Type: Annual
Record Date:  APR 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jeffrey Katzenberg        For       Withhold   Management
1.2   Elect  Director Roger A. Enrico           For       Withhold   Management
1.3   Elect  Director Paul G. Allen             For       Withhold   Management
1.4   Elect  Director Lewis W. Coleman          For       For        Management
1.5   Elect  Director David Geffen              For       Withhold   Management
1.6   Elect  Director Mellody Hobson            For       For        Management
1.7   Elect  Director Nathan Myhrvold           For       Withhold   Management
1.8   Elect  Director Howard Schultz            For       For        Management
1.9   Elect  Director Margaret C. Whitman       For       Withhold   Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

ELECTRO SCIENTIFIC INDUSTRIES, INC.

Ticker:       ESIO           Security ID:  285229100
Meeting Date: OCT 15, 2004   Meeting Type: Annual
Record Date:  AUG 6, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Frederick A. Ball         For       For        Management
1.2   Elect  Director Nicholas Konidaris        For       For        Management
1.3   Elect  Director Robert R. Walker          For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Amend Omnibus Stock Plan                  For       Against    Management
4     Amend Employee Stock Purchase Plan        For       For        Management


- --------------------------------------------------------------------------------

F5 NETWORKS, INC.

Ticker:       FFIV           Security ID:  315616102
Meeting Date: FEB 24, 2005   Meeting Type: Annual
Record Date:  DEC 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Rich Malone               For       For        Management
1.2   Elect  Director A. Gary Ames              For       For        Management
2     Approve Omnibus Stock Plan                For       Against    Management


- --------------------------------------------------------------------------------

FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC.

Ticker:       FCS            Security ID:  303726103
Meeting Date: MAY 4, 2005    Meeting Type: Annual
Record Date:  MAR 10, 2005

#     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 Charles M. Clough         For       For        Management
1.5   Elect  Director Robert F. Friel           For       For        Management
1.6   Elect  Director Thomas L. Magnanti        For       For        Management
1.7   Elect  Director Bryan R. Roub             For       For        Management
1.8   Elect  Director Ronald W. Shelly          For       For        Management
1.9   Elect  Director William N. Stout          For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

GOOGLE INC

Ticker:       GOOG           Security ID:  38259P508
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Eric Schmidt              For       For        Management
1.2   Elect  Director Larry Page                For       For        Management
1.3   Elect  Director Sergey Brin               For       For        Management
1.4   Elect  Director L. John Doerr             For       For        Management
1.5   Elect  Director John L. Hennessy          For       For        Management
1.6   Elect  Director Arthur D. Levinson        For       For        Management
1.7   Elect  Director Michael Moritz            For       For        Management
1.8   Elect  Director Paul S. Otellini          For       For        Management
1.9   Elect  Director K. Ram Shriram            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management


- --------------------------------------------------------------------------------

HARMAN INTERNATIONAL INDUSTRIES, INC.

Ticker:       HAR            Security ID:  413086109
Meeting Date: NOV 10, 2004   Meeting Type: Annual
Record Date:  SEP 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Bernard A. Girod          For       For        Management
1.2   Elect  Director Ann Korologos             For       For        Management


- --------------------------------------------------------------------------------

HIGH TECH COMPUTER CORP

Ticker:                      Security ID:  TW0002498003
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on Business Operation      None      None       Management
      Results of FY 2004
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Indirect Investments in None      None       Management
      Mainland China
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 5 per Share and Stock
      Dividend of 200 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
3     Other Business                            For       Against    Management


- --------------------------------------------------------------------------------

HON HAI PRECISION INDUSTRY

Ticker:                      Security ID:  TW0002317005
Meeting Date: JUN 14, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Indirect Investments in None      None       Management
      Mainland China
1.4   Receive Other Reports                     None      None       Management
2.1   Accept Financial Statements and Statutory For       For        Management
      Reports
2.2   Approve Allocation of Income and Cash     For       For        Management
      Dividend of NTD 2.50 per Share and Stock
      Dividend of 200 Shares per 1000 Shares
2.3   Approve Capitalization of 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Approve Increase of Registered Capital    For       Against    Management
      and Issuance of Ordinary Shares to
      Participate the Issuance of Global
      Depository Receipt
2.5   Amend Articles of Association             For       Against    Management
2.6   Amend Procedures Governing Derivative     For       Against    Management
      Financial Instruments
3     Other Business                            None      None       Management


- --------------------------------------------------------------------------------

II-VI INC.

Ticker:       IIVI           Security ID:  902104108
Meeting Date: NOV 5, 2004    Meeting Type: Annual
Record Date:  SEP 8, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Peter W. Sognefest        For       For        Management
1.2   Elect  Director Francis J. Kramer         For       For        Management
2     Increase Authorized Common Stock          For       Against    Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 18, 2005   Meeting Type: Annual
Record Date:  MAR 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Craig R. Barrett           For       For        Management
1.2   Elect Director Charlene Barshefsky        For       For        Management
1.3   Elect Director E. John P. Browne          For       For        Management
1.4   Elect Director D. James Guzy              For       For        Management
1.5   Elect Director Reed E. Hundt              For       For        Management
1.6   Elect Director Paul S. Otellini           For       For        Management
1.7   Elect Director David S. Pottruck          For       For        Management
1.8   Elect Director Jane E. Shaw               For       For        Management
1.9   Elect Director John L. Thornton           For       For        Management
1.10  Elect Director David B. Yoffie            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       Against    Management
4     Amend Executive Incentive Bonus Plan      For       For        Management


- --------------------------------------------------------------------------------

KRONOS INC.

Ticker:       KRON           Security ID:  501052104
Meeting Date: FEB 10, 2005   Meeting Type: Annual
Record Date:  DEC 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director D. Bradley Mcwilliams     For       For        Management
1.2   Elect  Director Lawrence J. Portner       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

LSI LOGIC CORP.

Ticker:       LSI            Security ID:  502161102
Meeting Date: MAY 12, 2005   Meeting Type: Annual
Record Date:  MAR 18, 2005

#     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       Withhold   Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

MACROMEDIA, INC.

Ticker:       MACR           Security ID:  556100105
Meeting Date: JUL 26, 2004   Meeting Type: Annual
Record Date:  JUN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert K. Burgess         For       For        Management
1.2   Elect  Director John (Ian) Giffen         For       Withhold   Management
1.3   Elect  Director Steven Gomo               For       For        Management
1.4   Elect  Director William H. Harris, Jr.    For       For        Management
1.5   Elect  Director Donald L. Lucas           For       For        Management
1.6   Elect  Director Timothy O'Reilly          For       For        Management
1.7   Elect  Director William B. Welty          For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

MAXIM INTEGRATED PRODUCTS, INC.

Ticker:       MXIM           Security ID:  57772K101
Meeting Date: SEP 17, 2004   Meeting Type: Special
Record Date:  JUL 21, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Omnibus Stock Plan                  For       Against    Management


- --------------------------------------------------------------------------------

MERCURY COMPUTER SYSTEMS, INC.

Ticker:       MRCY           Security ID:  589378108
Meeting Date: NOV 15, 2004   Meeting Type: Special
Record Date:  SEP 17, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dr. Albert P. Belle Isle  For       For        Management
1.2   Elect  Director Lee C. Steele             For       For        Management
1.3   Elect  Director Dr. Richard P. Wishner    For       For        Management
2     Amend Omnibus Stock Plan                  For       Against    Management
3     Increase Authorized Common Stock          For       For        Management


- --------------------------------------------------------------------------------

MERCURY INTERACTIVE CORP.

Ticker:       MERQ           Security ID:  589405109
Meeting Date: MAY 19, 2005   Meeting Type: Annual
Record Date:  MAR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Amnon Landan              For       For        Management
1.2   Elect  Director Brad Boston               For       For        Management
1.3   Elect  Director Igal Kohavi               For       For        Management
1.4   Elect  Director Clyde Ostler              For       For        Management
1.5   Elect  Director Yair Shamir               For       For        Management
1.6   Elect  Director Giora Yaron               For       For        Management
1.7   Elect  Director Anthony Zingale           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

MICROCHIP TECHNOLOGY, INC.

Ticker:       MCHP           Security ID:  595017104
Meeting Date: AUG 20, 2004   Meeting Type: Annual
Record Date:  JUN 25, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steve Sanghi              For       For        Management
1.2   Elect  Director Albert J. Hugo-Martinez   For       For        Management
1.3   Elect  Director L.B. Day                  For       For        Management
1.4   Elect  Director Matthew W. Chapman        For       For        Management
1.5   Elect  Director Wade F. Meyercord         For       For        Management
2     Amend Employee Stock Purchase Plan        For       For        Management
3     Approve Omnibus Stock Plan                For       Against    Management


- --------------------------------------------------------------------------------

MICROSEMI CORP.

Ticker:       MSCC           Security ID:  595137100
Meeting Date: FEB 23, 2005   Meeting Type: Annual
Record Date:  JAN 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Dennis R. Leibel          For       For        Management
1.2   Elect  Director James J. Peterson         For       For        Management
1.3   Elect  Director Thomas R. Anderson        For       For        Management
1.4   Elect  Director Harold A. Blomquist       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 Paul F. Folino            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 9, 2004    Meeting Type: Annual
Record Date:  SEP 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director William H. Gates III      For       For        Management
1.2   Elect  Director Steven A. Ballmer         For       For        Management
1.3   Elect  Director James I. Cash Jr., Ph.D.  For       For        Management
1.4   Elect  Director Raymond V. Gilmartin      For       For        Management
1.5   Elect  Director Ann McLaughlin Korologos  For       For        Management
1.6   Elect  Director David F. Marquardt        For       For        Management
1.7   Elect  Director Charles H. Noski          For       For        Management
1.8   Elect  Director Dr. Helmut Panke          For       For        Management
1.9   Elect  Director Jon A. Shirley            For       For        Management
2     Amend Bundled Compensation Plans          For       For        Management
3     Amend Bundled Compensation Plans          For       For        Management
4     Amend Stock Option Plan                   For       For        Management
5     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

MOTECH INDUSTRIES CO LTD

Ticker:                      Security ID:  TW0006244007
Meeting Date: JUN 17, 2005   Meeting Type: Annual
Record Date:  APR 18, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      Did Not    Management
      Results                                             Vote
1.2   Receive Supervisors' Report               None      Did Not    Management
                                                          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 2.8 per Share and Stock             Vote
      Dividend of 620 Shares per 1000 Shares
3.1   Amend Articles of Association             For       Did Not    Management
                                                          Vote
3.2   Approve Capitalization of 2004 Dividends  For       Did Not    Management
      and Employee Profit Sharing                         Vote
3.3   Approve Investment in People's Republic   For       Did Not    Management
      of China                                            Vote
4     Other Business                            For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

MRV COMMUNICATIONS, INC.

Ticker:       MRVC           Security ID:  553477100
Meeting Date: DEC 15, 2004   Meeting Type: Annual
Record Date:  OCT 29, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Noam Lotan                For       For        Management
1.2   Elect  Director Shlomo Margalit           For       For        Management
1.3   Elect  Director Igal Shidlovsky           For       For        Management
1.4   Elect  Director Guenter Jaensch           For       For        Management
1.5   Elect  Director Daniel Tsui               For       For        Management
1.6   Elect  Director Baruch Fischer            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

NAM TAI ELECTRONICS, INC.

Ticker:       NTE            Security ID:  629865205
Meeting Date: JUN 6, 2005    Meeting Type: Annual
Record Date:  APR 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Charles Chu               For       For        Management
1.2   Elect  Director Peter R. Kellogg          For       For        Management
1.3   Elect  Director Ming Kown Koo             For       For        Management
1.4   Elect  Director William Lo                For       For        Management
1.5   Elect  Director Tadao Murakami            For       For        Management
1.6   Elect  Director Stephen Seung             For       For        Management
1.7   Elect  Director Mark Waslen               For       For        Management
2     APPROVAL OF THE SELECTION OF DELOITTE     For       For        Management
      TOUCHE TOHMATSU AS INDEPENDENT
      ACCOUNTANTS OF THE COMPANY FOR THE YEAR
      ENDING DECEMBER 31, 2005.
3     APPROVE THE AMENDMENTS TO THE COMPANY S   For       For        Management
      2001 STOCK OPTION PLAN IN THE MANNER SET
      FORTH IN EXHIBIT A ATTACHED WITH THE
      NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
      DATED MAY 3, 2005.


- --------------------------------------------------------------------------------

PACKETEER, INC.

Ticker:       PKTR           Security ID:  695210104
Meeting Date: MAY 24, 2005   Meeting Type: Annual
Record Date:  MAR 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Steven J. Campbell        For       Did Not    Management
                                                          Vote
1.2   Elect  Director Craig W. Elliott          For       Did Not    Management
                                                          Vote
1.3   Elect  Director Joseph A. Graziano        For       Did Not    Management
                                                          Vote
2     Amend Omnibus Stock Plan                  For       Did Not    Management
                                                          Vote
3     Ratify Auditors                           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

RESEARCH IN MOTION LTD

Ticker:       RIM            Security ID:  760975102
Meeting Date: JUL 12, 2004   Meeting Type: Annual
Record Date:  JUN 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Michael Lazaridis, James Balsillie, For       For        Management
      Douglas Fregin, Kendall Cork, James
      Estill, John Richardson, Douglas Wright
      as Directors
2     Approve Ernst & Young LLP as Auditors and For       For        Management
      Authorize Board to Fix Remuneration of
      Auditors
3     Make Greater Effort to Locate Women for   Against   Against    Shareholder
      Board Nomination and Senior Officer
      Positions


- --------------------------------------------------------------------------------

SCANSOURCE, INC.

Ticker:       SCSC           Security ID:  806037107
Meeting Date: DEC 2, 2004    Meeting Type: Annual
Record Date:  OCT 18, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Michael L. Baur           For       For        Management
1.2   Elect  Director Steven R. Fischer         For       Withhold   Management
1.3   Elect  Director James G. Foody            For       Withhold   Management
1.4   Elect  Director Michael J. Grainger       For       For        Management
1.5   Elect  Director Steven H. Owings          For       For        Management
1.6   Elect  Director John P. Reilly            For       Withhold   Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       Against    Management


- --------------------------------------------------------------------------------

SILICON LABORATORIES, INC.

Ticker:       SLAB           Security ID:  826919102
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  FEB 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Navdeep S. Sooch          For       For        Management
1.2   Elect  Director William P. Wood           For       For        Management
1.3   Elect  Director Laurence G. Walker        For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SYMANTEC CORP.

Ticker:       SYMC           Security ID:  871503108
Meeting Date: SEP 15, 2004   Meeting Type: Annual
Record Date:  JUL 20, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Tania Amochaev            For       For        Management
1.2   Elect  Director William T. Coleman        For       For        Management
1.3   Elect  Director Franciscus Lion           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 George Reyes              For       For        Management
1.7   Elect  Director Daniel H. Schulman        For       For        Management
1.8   Elect  Director John W. Thompson          For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Approve Omnibus Stock Plan                For       Against    Management
4     Amend Outside Director Stock in Lieu of   For       For        Management
      Cash Plan
5     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SYMMETRICOM, INC.

Ticker:       SYMM           Security ID:  871543104
Meeting Date: OCT 28, 2004   Meeting Type: Annual
Record Date:  SEP 13, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert T. Clarkson        For       For        Management
1.2   Elect  Director Thomas W. Steipp          For       Withhold   Management
1.3   Elect  Director Alfred Boschulte          For       Withhold   Management
1.4   Elect  Director Elizabeth A. Fetter       For       For        Management
1.5   Elect  Director Robert M. Neumeister Jr   For       For        Management
1.6   Elect  Director Dr. Richard W. Oliver     For       Withhold   Management
1.7   Elect  Director Richard N. Snyder         For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Other Business                            For       Against    Management


- --------------------------------------------------------------------------------

TIBCO SOFTWARE, INC.

Ticker:       TIBX           Security ID:  88632Q103
Meeting Date: APR 21, 2005   Meeting Type: Annual
Record Date:  FEB 22, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Vivek Y. Ranadive         For       For        Management
1.2   Elect  Director Bernard Bourigeaud        For       For        Management
1.3   Elect  Director Eric Dunn                 For       For        Management
1.4   Elect  Director Naren Gupta               For       For        Management
1.5   Elect  Director Peter Job                 For       For        Management
1.6   Elect  Director Philip K. Wood            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

VERINT SYSTEMS, INC.

Ticker:       VRNT           Security ID:  92343X100
Meeting Date: JUL 27, 2004   Meeting Type: Annual
Record Date:  JUN 9, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Kobi Alexander            For       Withhold   Management
1.2   Elect  Director Paul Baker                For       Abstain    Management
1.3   Elect  Director Dan Bodner                For       Withhold   Management
1.4   Elect  Director Victor De Marines         For       For        Management
1.5   Elect  Director David Kreinberg           For       Withhold   Management
1.6   Elect  Director David Ledwell             For       Withhold   Management
1.7   Elect  Director Kenneth Minihan           For       For        Management
1.8   Elect  Director Larry Myers               For       For        Management
1.9   Elect  Director Igal Nissim               For       Withhold   Management
1.10  Elect  Director Harris Oliner             For       Withhold   Management
1.11  Elect  Director Paul Robinson             For       Abstain    Management
1.12  Elect  Director Howard Safir              For       For        Management
1.13  Elect  Director William Sorin             For       Abstain    Management
2     Approve Omnibus Stock Plan                For       Against    Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

VIA TECHNOLOGIES

Ticker:                      Security ID:  TW0002388006
Meeting Date: JUN 13, 2005   Meeting Type: Annual
Record Date:  APR 14, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Report on the Assets Depreciation None      None       Management
1.3   Receive Supervisors' Report               None      None       Management
1.4   Receive Report on Issuance of Domestic    None      None       Management
      Secured Corporate Bonds
1.5   Receive Report on the Status of           None      None       Management
      Endorsement and Guarantee
1.6   Receive Report on Indirect Investments in None      None       Management
      Mainland China
1.7   Receive Report on the Execution of        None      None       Management
      Treasury Shares
2.1   Change of Distribution Plan for 2003      For       For        Management
      Employee Profit Sharing
2.2   Accept Financial Statements and Statutory For       For        Management
      Reports
2.3   Approve Compensation of the Net Losses of For       For        Management
      the Company
2.4   Amend Articles of Association             For       Against    Management
3     Other Business                            For       Against    Management


- --------------------------------------------------------------------------------

VIEWPOINT CORP.

Ticker:       VWPT           Security ID:  92672P108
Meeting Date: AUG 5, 2004    Meeting Type: Annual
Record Date:  JUN 10, 2004

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Jerry S. Amato            For       For        Management
1.2   Elect  Director Thomas Bennett            For       For        Management
1.3   Elect  Director James E. Crabbe           For       Withhold   Management
1.4   Elect  Director Stephen Duff              For       For        Management
1.5   Elect  Director Samuel H. Jones, Jr.      For       Withhold   Management
1.6   Elect  Director Dennis R. Raney           For       For        Management
1.7   Elect  Director Robert E. Rice            For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       Against    Management


- --------------------------------------------------------------------------------

WEBSENSE, INC.

Ticker:       WBSN           Security ID:  947684106
Meeting Date: JUN 7, 2005    Meeting Type: Annual
Record Date:  APR 11, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Mark S. St.Clare          For       For        Management
1.2   Elect  Director Peter C. Waller           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

WINTEK CORPORATION

Ticker:                      Security ID:  TW0002384005
Meeting Date: JUN 16, 2005   Meeting Type: Annual
Record Date:  APR 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Report on 2004 Business Operation None      None       Management
      Results
1.2   Receive Supervisors' Report               None      None       Management
1.3   Receive Report on Endorsement Guaranty to None      None       Management
      Third Party
1.4   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 2004 Dividends  For       For        Management
      and Employee Profit Sharing
2.4   Amend Articles of Association             For       Against    Management
3     Other Business                            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.



(Registrant)    AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
             -------------------------------------------------------------------


By (Signature and Title)     /s/ William M. Lyons
                         -------------------------------------------------------
                             William M. Lyons
                             President

Date   August 23, 2005
     ---------------------------------------------------------------------------