| OMB APPROVAL | |
| OMB Number: | 3235-0582 |
| Expires: | April 30, 2009 |
| Estimated average burden hours per response 14.4 | |
| Monteagle Funds |
| Exact name of registrant as specified in charter) |
| 6550 Directors Parkway | |
| Abilene, TX | 79606 |
| (Address of principal executive offices) | (Zip code) |
Carl Clayton Peterson 6550 Directors Parkway Abilene, TX 79606 | |
| (Name and address of agent for service) | |
| SEC 2451 (4-03) | Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Vote Summary Report | ||||||||||
| Jul 01, 2005 - Jun 30, 2006 | ||||||||||
MEMORIAL FUND GROWTH EQUITY | ||||||||||
| Mtg | Company/ | Mgmt | Vote | Record | Shares | |||||
| Date/Type | Ballot Issues | Security | Rec | Cast | Date | Prpnent | Voted | |||
| 08/24/05 - S | Adobe Systems Inc. *ADBE* | 00724F101 | 07/19/05 | 10,800 | ||||||
| 1 | Issue Shares in Connection with an Acquisition | For | For | Mgmt | ||||||
| 2 | Adjourn Meeting | For | For | Mgmt | ||||||
| 03/28/06 - A | Adobe Systems Inc. *ADBE* | 00724F101 | 02/13/06 | 8,300 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/24/06 - A | American Express Co. *AXP* | 025816109 | 02/28/06 | 9,600 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Limit/Prohibit Executive Stock-Based Awards | Against | Against | ShrHoldr | ||||||
| 4 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 5 | Exclude Reference to Sexual Orientation from the Company's EEO Statement | Against | Against | ShrHoldr | ||||||
| 6 | Company-Specific -- Reimbursement of Expenses for Certain Shareholder-Nominated Director Candidates | Against | Against | ShrHoldr | ||||||
| 05/17/06 - A | American International Group, Inc. *AIG* | 026874107 | 03/24/06 | 5,900 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 05/04/06 - A | Apache Corp. *APA* | 037411105 | 03/15/06 | 2,800 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Frederick M. Bohen --- Withhold | |||||||||
| 1.2 | Elect Director George D. Lawrence --- Withhold | |||||||||
| 1.3 | Elect Director Rodman D. Patton --- For | |||||||||
| 1.4 | Elect Director Charles J. Pitman --- For | |||||||||
| 1.5 | Elect Director Jay A. Precourt --- For | |||||||||
| 2 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||
| 04/27/06 - A | Apple Computer, Inc. *AAPL* | 037833100 | 02/28/06 | 4,000 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Report on Computer Recycling Policy | Against | Against | ShrHoldr | ||||||
| 06/08/06 - A | Autodesk, Inc. *ADSK* | 052769106 | 04/17/06 | 7,100 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/26/06 - A | Bank of America Corp. *BAC* | 060505104 | 03/03/06 | 8,750 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Publish Political Contributions | Against | Against | ShrHoldr | ||||||
| 5 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 6 | Provide for an Independent Chairman | Against | For | ShrHoldr | ||||||
| 7 | Exclude Reference to Sexual Orientation from the Company's EEO Statement | Against | Against | ShrHoldr | ||||||
| 01/31/06 - A | BJ Services Company *BJS* | 055482103 | 12/06/05 | 5,850 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||
| 3 | Adjourn Meeting | For | Against | Mgmt | ||||||
| 04/19/06 - A | C. R. Bard, Inc. *BCR* | 067383109 | 02/27/06 | 2,900 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||
| 4 | Amend Qualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 5 | Ratify Auditors | For | For | Mgmt | ||||||
| 6 | Adopt ILO Standards | Against | For | ShrHoldr | ||||||
| 06/14/06 - A | Caterpillar Inc. *CAT* | 149123101 | 04/17/06 | 5,300 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||
| 3 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||
| 4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 5 | Ratify Auditors | For | For | Mgmt | ||||||
| 6 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||
| 7 | Separate Chairman and CEO Positions | Against | For | �� | ShrHoldr | |||||
| 8 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 11/15/05 - A | Cisco Systems, Inc. *CSCO* | 17275R102 | 09/16/05 | 12,975 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Approve Stock Option Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 4 | Review/Limit Executive Compensation | Against | For | ShrHoldr | ||||||
| 5 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||
| 6 | Report on Human Rights Policy | Against | Against | ShrHoldr | ||||||
| 06/13/06 - A | Cognizant Technology Solutions Corp. *CTSH* | 192446102 | 04/20/06 | 6,500 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/11/06 - A | CVS Corporation *CVS* | 126650100 | 03/15/06 | 14,350 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 4 | Submit Supplemental Executive Retirement Plans to Shareholder vote | Against | For | ShrHoldr | ||||||
| 5 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||
| 6 | Report on Feasibility of Product Reformulation | Against | Against | ShrHoldr | ||||||
| 05/02/06 - A | Danaher Corp. *DHR* | 235851102 | 03/06/06 | 7,375 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Mortimer M. Caplin --- For | |||||||||
| 1.2 | Elect Director Donald J. Ehrlich --- For | |||||||||
| 1.3 | Elect Director Linda P. Hefner --- For | |||||||||
| 1.4 | Elect Director Walter G. Lohr, Jr. --- Withhold | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 07/15/05 - A | Dell Inc. *DELL* | 24702R101 | 05/20/05 | 12,100 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 4 | Expense Stock Options | Against | For | ShrHoldr | ||||||
| 06/13/06 - A | eBay Inc. *EBAY* | 278642103 | 04/17/06 | 7,000 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Stock Option Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/12/06 - A | Ecolab, Inc. *ECL* | 278865100 | 03/14/06 | 8,650 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Leslie S. Biller --- For | |||||||||
| 1.2 | Elect Director Jerry A. Grundhofer --- For | |||||||||
| 1.3 | Elect Director Kasper Rorsted --- For | |||||||||
| 1.4 | Elect Director John J. Zillmer --- Withhold | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 02/07/06 - A | Emerson Electric Co. *EMR* | 291011104 | 11/29/05 | 6,125 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director A. A. Busch,III --- For | |||||||||
| 1.2 | Elect Director A. F. Golden --- Withhold | |||||||||
| 1.3 | Elect Director V. R. Loucks, Jr --- For | |||||||||
| 1.4 | Elect Director J. B. Menzer --- For | |||||||||
| 2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||
| 01/26/06 - A | Franklin Resources, Inc. *BEN* | 354613101 | 11/30/05 | 3,300 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/20/06 - A | Genentech, Inc. *DNA* | 368710406 | 02/22/06 | 3,400 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Herbert W. Boyer --- Withhold | |||||||||
| 1.2 | Elect Director William M. Burns --- Withhold | |||||||||
| 1.3 | Elect Director Erich Hunziker --- Withhold | |||||||||
| 1.4 | Elect Director Jonathan K.C. Knowles --- Withhold | |||||||||
| 1.5 | Elect Director Arthur D. Levinson --- Withhold | |||||||||
| 1.6 | Elect Director Debra L. Reed --- For | |||||||||
| 1.7 | Elect Director Charles A. Sanders --- For | |||||||||
| 2 | Amend Qualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/26/06 - A | General Electric Co. *GE* | 369604103 | 02/27/06 | 15,570 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director James I. Cash, Jr. --- For | |||||||||
| 1.2 | Elect Director Sir William M. Castell --- For | |||||||||
| 1.3 | Elect Director Ann M. Fudge --- For | |||||||||
| 1.4 | Elect Director Claudio X. Gonzalez --- Withhold | |||||||||
| 1.5 | Elect Director Jeffrey R. Immelt --- For | |||||||||
| 1.6 | Elect Director Andrea Jung --- For | |||||||||
| 1.7 | Elect Director Alan G. Lafley --- For | |||||||||
| 1.8 | Elect Director Robert W. Lane --- For | |||||||||
| 1.9 | Elect Director Ralph S. Larsen --- For | |||||||||
| 1.10 | Elect Director Rochelle B. Lazarus --- For | |||||||||
| 1.11 | Elect Director Sam Nunn --- For | |||||||||
| 1.12 | Elect Director Roger S. Penske --- For | |||||||||
| 1.13 | Elect Director Robert J. Swieringa --- For | |||||||||
| 1.14 | Elect Director Douglas A. Warner, III --- For | |||||||||
| 1.15 | Elect Director Robert C. Wright --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Restore or Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||
| 4 | Adopt Policy on Overboarded Directors | Against | For | ShrHoldr | ||||||
| 5 | Company-Specific -- One Director from the Ranks of the Retirees | Against | Against | ShrHoldr | ||||||
| 6 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||
| 7 | Require a Majority Vote for the Election of Directors | Against | Against | ShrHoldr | ||||||
| 8 | Report on Environmental Policies | Against | Against | ShrHoldr | ||||||
| 05/25/06 - A | Genzyme Corp. *GENZ* | 372917104 | 03/31/06 | 5,150 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||
| 4 | Declassify the Board of Directors | For | For | Mgmt | ||||||
| 5 | Ratify Auditors | For | For | Mgmt | ||||||
| 6 | Submit Severance Agreement (Change in Control) to shareholder Vote | Against | For | ShrHoldr | ||||||
| 05/02/06 - A | Getty Images, Inc. *GYI* | 374276103 | 03/02/06 | 4,100 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/10/06 - A | Gilead Sciences, Inc. *GILD* | 375558103 | 03/22/06 | 4,777 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 5 | Increase Authorized Common Stock | For | For | Mgmt | ||||||
| 6 | Report on Impact of HIV/AIDS, TB, and Malaria Pandemics | Against | For | ShrHoldr | ||||||
| 10/28/05 - A | Harris Corp. *HRS* | 413875105 | 08/31/05 | 4,500 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Approve/Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/19/06 - A | J. C. Penney Co., Inc (HLDG CO) *JCP* | 708160106 | 03/20/06 | 3,750 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Declassify the Board of Directors | For | For | Mgmt | ||||||
| 4 | Performance-Based Equity Awards | Against | Against | ShrHoldr | ||||||
| 01/19/06 - A | Jabil Circuit, Inc. *JBL* | 466313103 | 11/28/05 | 10,550 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Laurence S. Grafstein --- For | |||||||||
| 1.2 | Elect Director Mel S. Lavitt --- For | |||||||||
| 1.3 | Elect Director Timothy L. Main --- For | |||||||||
| 1.4 | Elect Director William D. Morean --- For | |||||||||
| 1.5 | Elect Director Lawrence J. Murphy --- For | |||||||||
| 1.6 | Elect Director Frank A. Newman --- Withhold | |||||||||
| 1.7 | Elect Director Steven A. Raymund --- For | |||||||||
| 1.8 | Elect Director Thomas A. Sansone --- For | |||||||||
| 1.9 | Elect Director Kathleen A. Walters --- For | |||||||||
| 2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||
| 3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 4 | Amend Qualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 5 | Ratify Auditors | For | For | Mgmt | ||||||
| 6 | Other Business | For | Against | Mgmt | ||||||
| 05/25/06 - A | Lowe's Companies, Inc. *LOW* | 548661107 | 03/31/06 | 7,550 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 5 | Company Specific--RELATING TO THE BOARD OF DIRECTORS | For | For | Mgmt | ||||||
| 6 | Report on Wood Procurement Policy | Against | Against | ShrHoldr | ||||||
| 11/10/05 - A | Maxim Integrated Products, Inc. *MXIM* | 57772K101 | 09/28/05 | 5,600 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director James R. Bergman --- Withhold | |||||||||
| 1.2 | Elect Director Michael J. Byrd --- For | |||||||||
| 1.3 | Elect Director Peter de Roeth --- For | |||||||||
| 1.4 | Elect Director John F. Gifford --- Withhold | |||||||||
| 1.5 | Elect Director B. Kipling Hagopian --- For | |||||||||
| 1.6 | Elect Director A.R. Frank Wazzan --- For | |||||||||
| 2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||
| 3 | Amend Qualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/24/06 - A | MEDCO Health Solutions Inc *MHS* | 58405U102 | 03/29/06 | 8,600 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 08/15/05 - A | Microchip Technology, Inc. *MCHP* | 595017104 | 06/16/05 | 6,425 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 11/09/05 - A | Microsoft Corp. *MSFT* | 594918104 | 09/09/05 | 25,125 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/01/06 - A | Motorola, Inc. *MOT* | 620076109 | 03/03/06 | 20,100 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director E. Zander --- For | |||||||||
| 1.2 | Elect Director H.L. Fuller --- Against | |||||||||
| 1.3 | Elect Director J. Lewent --- For | |||||||||
| 1.4 | Elect Director T. Meredith --- For | |||||||||
| 1.5 | Elect Director N. Negroponte --- For | |||||||||
| 1.6 | Elect Director I. Nooyi --- For | |||||||||
| 1.7 | Elect Director S. Scott, III --- For | |||||||||
| 1.8 | Elect Director R. Sommer --- For | |||||||||
| 1.9 | Elect Director J. Stengel --- For | |||||||||
| 1.10 | Elect Director D. Warner, III --- For | |||||||||
| 1.11 | Elect Director J. White --- For | |||||||||
| 1.12 | Elect Director M. White --- For | |||||||||
| 2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||
| 04/26/06 - A | NII Holdings, Inc. *NIHD* | 62913F201 | 03/21/06 | 7,400 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 4 | Adjourn Meeting | For | Against | Mgmt | ||||||
| 10/12/05 - A | Paychex, Inc. *PAYX* | 704326107 | 08/15/05 | 4,800 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Require a Majority Vote for the Election of Directors | Against | Against | ShrHoldr | ||||||
| 05/03/06 - A | PepsiCo, Inc. *PEP* | 713448108 | 03/10/06 | 9,950 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Publish Political Contributions | Against | Against | ShrHoldr | ||||||
| 4 | Report on Charitable Contributions | Against | Against | ShrHoldr | ||||||
| 03/07/06 - A | QUALCOMM Inc. *QCOM* | 747525103 | 01/06/06 | 4,425 | ||||||
| 1 | Elect Directors | For | Withhold | Mgmt | ||||||
| 2 | Declassify the Board and Eliminate Cumulative Voting | For | For | Mgmt | ||||||
| 3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 5 | Adjourn Meeting | For | Against | Mgmt | ||||||
| 02/01/06 - A | Rockwell Automation Inc *ROK* | 773903109 | 12/05/05 | 5,300 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/12/06 - A | Schlumberger Ltd. *SLB* | 806857108 | 03/01/06 | 4,500 | ||||||
Meeting for Holders of ADRs | ||||||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | ADOPTION AND APPROVAL OF FINANCIALS AND DIVIDENDS | For | For | Mgmt | ||||||
| 3 | ADOPTION OF AMENDMENT TO THE ARTICLES OF INCORPORATION | For | For | Mgmt | ||||||
| 4 | APPROVAL OF AMENDMENT AND RESTATEMENT OF THE SCHLUMBERGER 2005 STOCK OPTION PLAN | For | For | Mgmt | ||||||
| 5 | APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | For | For | Mgmt | ||||||
| 05/18/06 - A | SLM Corp. *SLM* | 78442P106 | 03/20/06 | 8,900 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 07/13/05 - A | Sprint Nextel Corp *S* | 852061100 | 05/20/05 | 13,850 | ||||||
| 1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||
| 2 | Amend Articles/Bylaws/Charter-Non-Routine | For | For | Mgmt | ||||||
| 3 | Change Company Name | For | For | Mgmt | ||||||
| 4 | Issue Shares in Connection with an Acquisition | For | For | Mgmt | ||||||
| 5 | Adjourn Meeting | For | For | Mgmt | ||||||
| 6 | Elect Directors | For | For | Mgmt | ||||||
| 7 | Ratify Auditors | For | For | Mgmt | ||||||
| 8 | Review Executive Compensation | Against | For | ShrHoldr | ||||||
| 04/18/06 - A | Sprint Nextel Corp *S* | 852061100 | 02/28/06 | 15,550 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 4 | Restore or Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||
| 05/10/06 - A | St. Jude Medical, Inc. *STJ* | 790849103 | 03/13/06 | 9,350 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Approve Stock Option Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 02/08/06 - A | Starbucks Corp. *SBUX* | 855244109 | 12/01/05 | 7,650 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Declassify the Board of Directors | For | For | Mgmt | ||||||
| 04/26/06 - A | Textron Inc. *TXT* | 883203101 | 03/03/06 | 3,900 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Report on Depleted Uranium Weapons Components | Against | Against | ShrHoldr | ||||||
| 4 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 05/31/06 - A | The Cheesecake Factory, Inc. *CAKE* | 163072101 | 04/11/06 | 5,762 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/17/06 - A | The Hartford Financial Services Group, Inc. *HIG* | 416515104 | 03/20/06 | 3,775 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/18/06 - A | The Hershey Co *HSY* | 427866108 | 02/17/06 | 5,100 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Jon A. Boscia --- For | |||||||||
| 1.2 | Elect Director Robert H. Campbell --- For | |||||||||
| 1.3 | Elect Director Robert F. Cavanaugh --- For | |||||||||
| 1.4 | Elect Director Gary P. Coughlan --- For | |||||||||
| 1.5 | Elect Director Harriet Edelman --- For | |||||||||
| 1.6 | Elect Director Bonnie G. Hill --- For | |||||||||
| 1.7 | Elect Director Alfred F. Kelly, Jr. --- For | |||||||||
| 1.8 | Elect Director Richard H. Lenny --- For | |||||||||
| 1.9 | Elect Director Mackey J. McDonald --- Withhold | |||||||||
| 1.10 | Elect Director Marie J. Toulantis --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Report on Cocoa Supply | Against | Against | ShrHoldr | ||||||
| 07/12/05 - S | The Procter & Gamble Company *PG* | 742718109 | 05/19/05 | 10,875 | ||||||
| 1 | Approve Merger Agreement | For | For | Mgmt | ||||||
| 2 | Adjourn Meeting | For | For | Mgmt | ||||||
| 10/11/05 - A | The Procter & Gamble Company *PG* | 742718109 | 08/12/05 | 10,875 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Amend Articles | For | For | Mgmt | ||||||
| 4 | Declassify the Board of Directors | For | For | Mgmt | ||||||
| 5 | Report on Animal Welfare Policy | Against | Against | ShrHoldr | ||||||
| 6 | Seek Sale of Company/Assets | Against | Against | ShrHoldr | ||||||
| 7 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||
| 05/02/06 - A | UnitedHealth Group Incorporated *UNH* | 91324P102 | 03/21/06 | 7,950 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director James A. Johnson --- Withhold | |||||||||
| 1.2 | Elect Director Douglas W. Leatherdale --- For | |||||||||
| 1.3 | Elect Director William W. McGuire, M.D. --- For | |||||||||
| 1.4 | Elect Director Mary O. Mundinger, Ph.D. --- Withhold | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 05/23/06 - A | Urban Outfitters, Inc. *URBN* | 917047102 | 03/29/06 | 11,620 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Richard A. Hayne --- Withhold | |||||||||
| 1.2 | Elect Director Scott A. Belair --- For | |||||||||
| 1.3 | Elect Director Harry S. Cherken, Jr. --- Withhold | |||||||||
| 1.4 | Elect Director Joel S. Lawson, III --- For | |||||||||
| 1.5 | Elect Director Glen T. Senk --- Withhold | |||||||||
| 1.6 | Elect Director Robert H. Strouse --- For | |||||||||
| 03/06/06 - A | Whole Foods Market, Inc. *WFMI* | 966837106 | 01/09/06 | 2,650 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||
| 4 | Report on Energy Efficiency | Against | Against | ShrHoldr | ||||||
| 5 | Report on Toxic Substances | Against | Against | ShrHoldr | ||||||
| 6 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | Against | ShrHoldr | ||||||
| 05/25/06 - A | Yahoo!, Inc. *YHOO* | 984332106 | 03/29/06 | 13,800 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
Vote Summary Report | ||||||||||
| Jul 01, 2005 - Jun 30, 2006 | ||||||||||
Memorial Value Equity Fund | ||||||||||
| Mtg | Company/ | Mgmt | Vote | Record | Shares | |||||
| Date/Type | Ballot Issues | Security | Rec | Cast | Date | Prpnent | Voted | |||
| 05/09/06 - A | 3M CO *MMM* | 88579Y101 | 03/10/06 | 3,356 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Declassify the Board of Directors | For | For | Mgmt | ||||||
| 4 | Performance-Based | Against | For | ShrHoldr | ||||||
| 5 | Adopt Animal Welfare Policy | Against | Against | ShrHoldr | ||||||
| 6 | Implement China Principles | Against | Against | ShrHoldr | ||||||
| 04/21/06 - A | Alcoa Inc. *AA* | 013817101 | 01/23/06 | 12,234 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 08/11/05 - A | American International Group, Inc. *AIG* | 026874107 | 06/24/05 | 3,840 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director M. Aidinoff --- For | |||||||||
| 1.2 | Elect Director P. Chia --- For | |||||||||
| 1.3 | Elect Director M. Cohen --- Against | |||||||||
| 1.4 | Elect Director W. Cohen --- For | |||||||||
| 1.5 | Elect Director M. Feldstein --- For | |||||||||
| 1.6 | Elect Director E. Futter --- For | |||||||||
| 1.7 | Elect Director S. Hammerman --- For | |||||||||
| 1.8 | Elect Director C. Hills --- For | |||||||||
| 1.9 | Elect Director R. Holbrooke --- For | |||||||||
| 1.10 | Elect Director D. Kanak --- For | |||||||||
| 1.11 | Elect Director G. Miles, Jr --- For | |||||||||
| 1.12 | Elect Director M. Offit --- For | |||||||||
| 1.13 | Elect Director M. Sullivan --- For | |||||||||
| 1.14 | Elect Director E. Tse --- For | |||||||||
| 1.15 | Elect Director F. Zarb --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/17/06 - A | American International Group, Inc. *AIG* | 026874107 | 03/24/06 | 4,309 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 04/26/06 - A | Anheuser-Busch Companies, Inc. *BUD* | 035229103 | 02/28/06 | 5,833 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Declassify the Board of Directors | For | For | Mgmt | ||||||
| 3 | Approve Non-Employee Director Restricted Stock Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 03/22/06 - A | Applied Materials, Inc. *AMAT* | 038222105 | 01/27/06 | 18,739 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/28/06 - A | AT&T Inc *T* | 00206R102 | 03/01/06 | 12,688 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Amend Articles/Bylaws/Charter-Non-Routine | For | For | Mgmt | ||||||
| 5 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||
| 6 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||
| 7 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||
| 8 | Non-Employee Director Compensation | Against | Against | ShrHoldr | ||||||
| 9 | Submit Severance Agreement (Change in Control) to shareholder Vote | Against | For | ShrHoldr | ||||||
| 10 | Adopt Simple Majority Vote Requirement | Against | Against | ShrHoldr | ||||||
| 04/27/06 - A | Avery Dennison Corp. *AVY* | 053611109 | 02/27/06 | 4,355 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/27/06 - A | Baker Hughes Incorporated *BHI* | 057224107 | 03/01/06 | 2,000 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 4 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | For | ShrHoldr | ||||||
| 04/26/06 - A | Bank of America Corp. *BAC* | 060505104 | 03/03/06 | 6,425 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Publish Political Contributions | Against | Against | ShrHoldr | ||||||
| 5 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 6 | Provide for an Independent Chairman | Against | For | ShrHoldr | ||||||
| 7 | Exclude Reference to Sexual Orientation from the Company's EEO Statement | Against | Against | ShrHoldr | ||||||
| 04/24/06 - A | BellSouth Corp. *BLS* | 079860102 | 03/06/06 | 11,647 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director F. D. Ackerman --- For | |||||||||
| 1.2 | Elect Director R. V. Anderson --- For | |||||||||
| 1.3 | Elect Director J. H. Blanchard --- For | |||||||||
| 1.4 | Elect Director J. H. Brown --- Withhold | |||||||||
| 1.5 | Elect Director A. M. Codina --- For | |||||||||
| 1.6 | Elect Director M. L. Feidler --- For | |||||||||
| 1.7 | Elect Director K. F. Feldstein --- For | |||||||||
| 1.8 | Elect Director J. P. Kelly --- For | |||||||||
| 1.9 | Elect Director L. F. Mullin --- For | |||||||||
| 1.10 | Elect Director R. B. Smith --- For | |||||||||
| 1.11 | Elect Director W. S. Stavropoulos --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Political Contributions/Activities | Against | Against | ShrHoldr | ||||||
| 05/04/06 - A | Bemis Company, Inc. *BMS* | 081437105 | 03/10/06 | 11,485 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Approve Stock Option Plan | For | Against | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/02/06 - A | Bristol-Myers Squibb Co. *BMY* | 110122108 | 03/06/06 | 14,262 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditor | For | For | Mgmt | ||||||
| 3 | Increase Disclosure of Executive Compensation | Against | Against | ShrHoldr | ||||||
| 4 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||
| 5 | Claw-back of Payments under Restatements | Against | Against | ShrHoldr | ||||||
| 6 | Report on Animal Welfare | Against | Against | ShrHoldr | ||||||
| 7 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||
| 05/03/06 - A | Brunswick Corp. *BC* | 117043109 | 03/02/06 | 6,394 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/26/06 - A | Chevron Corporation *CVX* | 166764100 | 03/06/06 | 2,500 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Company-Specific-Reimbursement of Stockholder Proposal | Against | For | ShrHoldr | ||||||
| 4 | Report on Environmental Impact of Drilling in Sensitive Areas | Against | Against | ShrHoldr | ||||||
| 5 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||
| 6 | Adopt an Animal Welfare Policy | Against | Against | ShrHoldr | ||||||
| 7 | Adopt a Human Rights Policy | Against | For | ShrHoldr | ||||||
| 8 | Report on Remediation Expenses in Ecuador | Against | Against | ShrHoldr | ||||||
| 04/18/06 - A | Citigroup Inc. *C* | 172967101 | 02/24/06 | 6,167 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||
| 4 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||
| 5 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||
| 6 | End Issuance of Options and Prohibit Repricing | Against | Against | ShrHoldr | ||||||
| 7 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||
| 8 | Report on Charitable Contributions | Against | Against | ShrHoldr | ||||||
| 9 | Performance-Based Equity Awards | Against | For | ShrHoldr | ||||||
| 10 | Reimbursement of Expenses Incurred by Shareholder(s) | Against | Against | ShrHoldr | ||||||
| 11 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||
| 12 | Clawback of Payments Under Restatement | Against | Against | ShrHoldr | ||||||
| 04/26/06 - A | Clear Channel Communications, Inc. *CCU* | 184502102 | 03/10/06 | 8,537 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Alan D. Feld --- For | |||||||||
| 1.2 | Elect Director Perry J. Lewis --- For | |||||||||
| 1.3 | Elect Director L. Lowry Mays --- For | |||||||||
| 1.4 | Elect Director Mark P. Mays --- For | |||||||||
| 1.5 | Elect Director Randall T. Mays --- For | |||||||||
| 1.6 | Elect Director B. J. McCombs --- For | |||||||||
| 1.7 | Elect Director Phyllis B. Riggins --- For | |||||||||
| 1.8 | Elect Director Theodore H. Strauss --- For | |||||||||
| 1.9 | Elect Director J. C. Watts, Jr. --- For | |||||||||
| 1.10 | Elect Director John H. Williams --- Withhold | |||||||||
| 1.11 | Elect Director John B. Zachry --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Report on Political Contributions | Against | For | ShrHoldr | ||||||
| 4 | Establish a Compensation Committee | Against | For | ShrHoldr | ||||||
| 04/28/06 - A | Coca-Cola Enterprises Inc. *CCE* | 191219104 | 03/01/06 | 13,399 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Eliminate or Restrict Severance Agreements (Change-in-Control) | Against | For | ShrHoldr | ||||||
| 05/04/06 - A | Colgate-Palmolive Co. *CL* | 194162103 | 03/07/06 | 10,974 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||
| 4 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||
| 5 | Performance-Based Equity Awards | Against | For | ShrHoldr | ||||||
| 05/03/06 - A | CSX Corp. *CSX* | 126408103 | 03/03/06 | 9,694 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||
| 5 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||
| 6 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||
| 04/26/06 - A | E.I. Du Pont De Nemours & Co. *DD* | 263534109 | 03/06/06 | 7,188 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Review Executive Compensation | Against | Against | ShrHoldr | ||||||
| 4 | Report on Genetically Modified Organisms | Against | Against | ShrHoldr | ||||||
| 5 | Performance-Based | Against | For | ShrHoldr | ||||||
| 6 | Report on Feasibility of Phasing out PFOA | Against | For | ShrHoldr | ||||||
| 7 | Report on Security of Chemical Facilities | Against | Against | ShrHoldr | ||||||
| 04/26/06 - A | Eaton Corp. *ETN* | 278058102 | 02/27/06 | 4,270 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 06/13/06 - A | eBay Inc. *EBAY* | 278642103 | 04/17/06 | 5,324 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Stock Option Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 03/28/06 - A | Fifth Third Bancorp *FITB* | 316773100 | 01/31/06 | 7,013 | ||||||
| 1 | Elect Directors | For | Withhold | Mgmt | ||||||
| 2 | Amend Articles/Bylaws/Eliminate super-majority voting requirements | For | For | Mgmt | ||||||
| 3 | Declassify the Board of Directors | For | For | Mgmt | ||||||
| 4 | Amend Nonqualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 5 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/10/06 - A | First Data Corp. *FDC* | 319963104 | 03/13/06 | 7,445 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Elect Director David A. Coulter | For | For | Mgmt | ||||||
| 3 | Elect Director Henry C. Duques | For | For | Mgmt | ||||||
| 4 | Elect Director Peter B. Ellwood | For | For | Mgmt | ||||||
| 5 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/25/06 - A | Fortune Brands, Inc. *FO* | 349631101 | 02/24/06 | 1,275 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||
| 4 | Performance-Based and/or Time-Based Equity Awards | Against | For | ShrHoldr | ||||||
| 04/26/06 - A | General Electric Co. *GE* | 369604103 | 02/27/06 | 7,457 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director James I. Cash, Jr. --- For | |||||||||
| 1.2 | Elect Director Sir William M. Castell --- For | |||||||||
| 1.3 | Elect Director Ann M. Fudge --- For | |||||||||
| 1.4 | Elect Director Claudio X. Gonzalez --- Withhold | |||||||||
| 1.5 | Elect Director Jeffrey R. Immelt --- For | |||||||||
| 1.6 | Elect Director Andrea Jung --- For | |||||||||
| 1.7 | Elect Director Alan G. Lafley --- For | |||||||||
| 1.8 | Elect Director Robert W. Lane --- For | |||||||||
| 1.9 | Elect Director Ralph S. Larsen --- For | |||||||||
| 1.10 | Elect Director Rochelle B. Lazarus --- For | |||||||||
| 1.11 | Elect Director Sam Nunn --- For | |||||||||
| 1.12 | Elect Director Roger S. Penske --- For | |||||||||
| 1.13 | Elect Director Robert J. Swieringa --- For | |||||||||
| 1.14 | Elect Director Douglas A. Warner, III --- For | |||||||||
| 1.15 | Elect Director Robert C. Wright --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Restore or Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||
| 4 | Adopt Policy on Overboarded Directors | Against | For | ShrHoldr | ||||||
| 5 | Company-Specific -- One Director from the Ranks of the Retirees | Against | Against | ShrHoldr | ||||||
| 6 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||
| 7 | Require a Majority Vote for the Election of Directors | Against | Against | ShrHoldr | ||||||
| 8 | Report on Environmental Policies | Against | Against | ShrHoldr | ||||||
| 09/26/05 - A | General Mills, Inc. *GIS* | 370334104 | 07/28/05 | 3,178 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Hire Advisor/Maximize Shareholder Value | Against | Against | ShrHoldr | ||||||
| 04/29/06 - A | Harley-Davidson, Inc. *HDI* | 412822108 | 03/09/06 | 5,278 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/25/06 - A | HCA, Inc. *HCA* | 404119109 | 03/31/06 | 5,091 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director C. Michael Armstrong --- For | |||||||||
| 1.2 | Elect Director Magdalena H. Averhoff, M.D. --- For | |||||||||
| 1.3 | Elect Director Jack O. Bovender, Jr. --- For | |||||||||
| 1.4 | Elect Director Richard M. Bracken --- For | |||||||||
| 1.5 | Elect Director Martin Feldstein --- For | |||||||||
| 1.6 | Elect Director Thomas F. Frist, Jr., M.D. --- For | |||||||||
| 1.7 | Elect Director Frederick W. Gluck --- For | |||||||||
| 1.8 | Elect Director Glenda A. Hatchett --- For | |||||||||
| 1.9 | Elect Director Charles O. Holliday, Jr. --- For | |||||||||
| 1.10 | Elect Director T. Michael Long --- For | |||||||||
| 1.11 | Elect Director John H. McArthur --- For | |||||||||
| 1.12 | Elect Director Kent C. Nelson --- For | |||||||||
| 1.13 | Elect Director Frank S. Royal, M.D. --- Withhold | |||||||||
| 1.14 | Elect Director Harold T. Shapiro --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Performance-Based | Against | For | ShrHoldr | ||||||
| 4 | Stock Retention/Holding Period | Against | For | ShrHoldr | ||||||
| 05/25/06 - A | Home Depot, Inc. (The) *HD* | 437076102 | 03/28/06 | 2,520 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Gregory D. Brenneman --- Withhold | |||||||||
| 1.2 | Elect Director John L. Clendenin --- Withhold | |||||||||
| 1.3 | Elect Director Claudio X. Gonzalez --- Withhold | |||||||||
| 1.4 | Elect Director Milledge A. Hart, III --- Withhold | |||||||||
| 1.5 | Elect Director Bonnie G. Hill --- Withhold | |||||||||
| 1.6 | Elect Director Laban P. Jackson, Jr. --- Withhold | |||||||||
| 1.7 | Elect Director Lawrence R. Johnston --- Withhold | |||||||||
| 1.8 | Elect Director Kenneth G. Langone --- Withhold | |||||||||
| 1.9 | Elect Director Angelo R. Mozilo --- For | |||||||||
| 1.10 | Elect Director Robert L. Nardelli --- Withhold | |||||||||
| 1.11 | Elect Director Thomas J. Ridge --- Withhold | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Increase Disclosure of Executive Compensation | Against | For | ShrHoldr | ||||||
| 4 | Report on EEOC-Related Activities | Against | For | ShrHoldr | ||||||
| 5 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||
| 6 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 7 | Submit Supplemental Executive Retirement Plans to Shareholder vote | Against | For | ShrHoldr | ||||||
| 8 | Report on Political Contributions | Against | For | ShrHoldr | ||||||
| 9 | Increase Disclosure of Executive Compensation | Against | For | ShrHoldr | ||||||
| 10 | Affirm Political Non-partisanship | Against | Against | ShrHoldr | ||||||
| 05/05/06 - A | Illinois Tool Works Inc. *ITW* | 452308109 | 03/07/06 | 2,975 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||
| 3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 5 | Adopt/ Implement China Principles | Against | Against | ShrHoldr | ||||||
| 6 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 04/25/06 - A | International Business Machines Corp. *IBM* | 459200101 | 02/24/06 | 3,681 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Cathleen Black --- For | |||||||||
| 1.2 | Elect Director Kenneth I. Chenault --- For | |||||||||
| 1.3 | Elect Director Juergen Dormann --- For | |||||||||
| 1.4 | Elect Director Michael L. Eskew --- Withhold | |||||||||
| 1.5 | Elect Director Shirley Ann Jackson --- For | |||||||||
| 1.6 | Elect Director Minoru Makihara --- For | |||||||||
| 1.7 | Elect Director Lucio A. Noto --- For | |||||||||
| 1.8 | Elect Director James W. Owens --- For | |||||||||
| 1.9 | Elect Director Samuel J. Palmisano --- For | |||||||||
| 1.10 | Elect Director Joan E. Spero --- For | |||||||||
| 1.11 | Elect Director Sidney Taurel --- For | |||||||||
| 1.12 | Elect Director Charles M. Vest --- For | |||||||||
| 1.13 | Elect Director Lorenzo H. Zambrano --- Withhold | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||
| 4 | Evaluate Age Discrimination in Retirement Plans | Against | Against | ShrHoldr | ||||||
| 5 | Time-Based Equity Awards | Against | For | ShrHoldr | ||||||
| 6 | Increase Disclosure of Executive Compensation | Against | For | ShrHoldr | ||||||
| 7 | Report on Outsourcing | Against | Against | ShrHoldr | ||||||
| 8 | Implement/ Increase Activity on the China Principles | Against | Against | ShrHoldr | ||||||
| 9 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||
| 10 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 11 | Adopt Simple Majority Vote | Against | For | ShrHoldr | ||||||
| 03/07/06 - A | International Game Technology *IGT* | 459902102 | 01/09/06 | 9,295 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Amend Qualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/08/06 - A | International Paper Co. *IP* | 460146103 | 03/16/06 | 10,294 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 4 | Sustainable Forestry Report | Against | Against | ShrHoldr | ||||||
| 5 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||
| 04/27/06 - A | Johnson & Johnson *JNJ* | 478160104 | 02/28/06 | 1,730 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Amend Articles to Remove Antitakeover Provision | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 4 | Disclose Charitable Contributions | Against | Against | ShrHoldr | ||||||
| 5 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 05/16/06 - A | JPMorgan Chase & Co. *JPM* | 46625H100 | 03/17/06 | 7,593 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Put Repricing of Stock Options to Shareholder Vote | Against | Against | ShrHoldr | ||||||
| 4 | Performance-Based Equity Awards | Against | For | ShrHoldr | ||||||
| 5 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||
| 6 | Remove Reference to Sexual Orientation from EEO Statement | Against | Against | ShrHoldr | ||||||
| 7 | Amend Articles/Bylaws/Charter -- Call Special Meetings | Against | For | ShrHoldr | ||||||
| 8 | Report on Lobbying Activities | Against | For | ShrHoldr | ||||||
| 9 | Report on Political Contributions | Against | For | ShrHoldr | ||||||
| 10 | Approve Terms of Existing Poison Pill | Against | Against | ShrHoldr | ||||||
| 11 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||
| 12 | Claw-back of Payments under Restatements | Against | Against | ShrHoldr | ||||||
| 13 | Require Director Nominee Qualifications | Against | Against | ShrHoldr | ||||||
| 04/26/06 - A | Kohl's Corp. *KSS* | 500255104 | 03/01/06 | 4,765 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Declassify the Board of Directors | For | For | Mgmt | ||||||
| 4 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 05/10/06 - A | Leggett & Platt, Inc. *LEG* | 524660107 | 03/06/06 | 12,215 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Amend EEO Statement to Prohibit Discrimination Based on Sexual Orientation | Against | For | ShrHoldr | ||||||
| 05/09/06 - A | Masco Corp. *MAS* | 574599106 | 03/15/06 | 9,128 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 08/25/05 - A | Medtronic, Inc. *MDT* | 585055106 | 07/01/05 | 3,149 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Shirley Ann Jackson, Ph.D. --- For | |||||||||
| 1.2 | Elect Director Denise M. O'Leary --- For | |||||||||
| 1.3 | Elect Director Jean-Pierre Rosso --- For | |||||||||
| 1.4 | Elect Director Jack W. Schuler --- Withhold | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Approve Qualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 4 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||
| 05/09/06 - A | Newell Rubbermaid Inc. *NWL* | 651229106 | 03/15/06 | 10,425 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Thomas E. Clarke --- Withhold | |||||||||
| 1.2 | Elect Director Elizabeth Cuthbert Millett --- Withhold | |||||||||
| 1.3 | Elect Director Steven J. Strobel --- For | |||||||||
| 2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Approve Qualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 4 | Ratify Auditors | For | For | Mgmt | ||||||
| 5 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||
| 6 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||
| 04/27/06 - A | NOBLE CORP *NE* | G65422100 | 03/02/06 | 2,000 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify PricewaterhouseCoopers LLC as Auditors | For | For | Mgmt | ||||||
| 3 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||
| 04/20/06 - A | PPG Industries, Inc. *PPG* | 693506107 | 02/17/06 | 5,035 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 10/27/05 - A | Sara Lee Corp. *SLE* | 803111103 | 09/01/05 | 9,137 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Brenda C. Barnes --- For | |||||||||
| 1.2 | Elect Director J.T. Battenberg, III --- For | |||||||||
| 1.3 | Elect Director Charles W. Coker --- For | |||||||||
| 1.4 | Elect Director James S. Crown --- For | |||||||||
| 1.5 | Elect Director Willie D. Davis --- For | |||||||||
| 1.6 | Elect Director Laurette T. Koellner --- For | |||||||||
| 1.7 | Elect Director Cornelis J.A. Van Lede --- Withhold | |||||||||
| 1.8 | Elect Director Sir Ian Prosser --- For | |||||||||
| 1.9 | Elect Director Rozanne L. Ridgway --- For | |||||||||
| 1.10 | Elect Director Richard L. Thomas --- For | |||||||||
| 1.11 | Elect Director Jonathan P. Ward --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Approve Qualified Employee Stock Purchase Plan | For | For | Mgmt | ||||||
| 4 | Adopt ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||
| 5 | Eliminate or Restrict Severance Agreements (Change-in-Control) | Against | For | ShrHoldr | ||||||
| 6 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||
| 05/04/06 - A | Sunoco, Inc. *SUN* | 86764P109 | 02/09/06 | 1,160 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||
| 3 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/01/06 - A | Symbol Technologies, Inc. *SBL* | 871508107 | 03/24/06 | 36,303 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/11/06 - A | The Bank Of New York Co., Inc. *BK* | 064057102 | 02/21/06 | 9,013 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Frank J. Biondi --- For | |||||||||
| 1.2 | Elect Director Nicholas M. Donofrio --- For | |||||||||
| 1.3 | Elect Director Gerald L. Hassel --- For | |||||||||
| 1.4 | Elect Director Richard J. Kogan --- For | |||||||||
| 1.5 | Elect Director Michael J. Kowalski --- For | |||||||||
| 1.6 | Elect Director John A. Luke, Jr. --- For | |||||||||
| 1.7 | Elect Director John C. Malone --- Withhold | |||||||||
| 1.8 | Elect Director Paul Myners --- For | |||||||||
| 1.9 | Elect Director Catherine A. Rein --- For | |||||||||
| 1.10 | Elect Director Thomas A. Renyi --- For | |||||||||
| 1.11 | Elect Director William C. Richardson --- For | |||||||||
| 1.12 | Elect Director Brian l. Roberts --- For | |||||||||
| 1.13 | Elect Director Samuel C. Scott, III --- For | |||||||||
| 1.14 | Elect Director Richard C. Vaughan --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||
| 4 | Reimbursement of Expenses of Opposition Candidates | Against | Against | ShrHoldr | ||||||
| 04/19/06 - A | The Coca-Cola Company *KO* | 191216100 | 02/21/06 | 5,844 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director Herbert A. Allen --- For | |||||||||
| 1.2 | Elect Director Ronald W. Allen --- For | |||||||||
| 1.3 | Elect Director Cathleen P. Black --- For | |||||||||
| 1.4 | Elect Director Barry Diller --- Withhold | |||||||||
| 1.5 | Elect Director E. Neville Isdell --- For | |||||||||
| 1.6 | Elect Director Donald R. Keough --- For | |||||||||
| 1.7 | Elect Director Donald F. McHenry --- For | |||||||||
| 1.8 | Elect Director Sam Nunn --- For | |||||||||
| 1.9 | Elect Director James D. Robinson, III --- For | |||||||||
| 1.10 | Elect Director Peter V. Ueberroth --- For | |||||||||
| 1.11 | Elect Director James B. Williams --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Amend Restricted Stock Plan | For | For | Mgmt | ||||||
| 4 | Report on Charitable Contributions | Against | Against | ShrHoldr | ||||||
| 5 | Review/ Report on Recycling Policy | Against | Against | ShrHoldr | ||||||
| 6 | Performance-Based and/or Time-Based Equity Awards | Against | For | ShrHoldr | ||||||
| 7 | Report on Environmental Liabilities in India | Against | Against | ShrHoldr | ||||||
| 8 | Sponsor Independent Inquiry into Operations in Columbia | Against | Against | ShrHoldr | ||||||
| 05/04/06 - A | United Parcel Service, Inc. *UPS* | 911312106 | 03/09/06 | 3,434 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director John J. Beystehner --- For | |||||||||
| 1.2 | Elect Director Michael J. Burns --- For | |||||||||
| 1.3 | Elect Director D. Scott Davis --- For | |||||||||
| 1.4 | Elect Director Stuart E. Eizenstat --- For | |||||||||
| 1.5 | Elect Director Michael L. Eskew --- For | |||||||||
| 1.6 | Elect Director James P. Kelly --- Withhold | |||||||||
| 1.7 | Elect Director Ann M. Livermore --- For | |||||||||
| 1.8 | Elect Director Gary E. MacDougal --- For | |||||||||
| 1.9 | Elect Director Victor A. Pelson --- For | |||||||||
| 1.10 | Elect Director John W. Thompson --- For | |||||||||
| 1.11 | Elect Director Carol B. Tome --- For | |||||||||
| 1.12 | Elect Director Ben Verwaayen --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 04/27/06 - A | Valero Energy Corp. *VLO* | 91913Y100 | 03/01/06 | 2,600 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/04/06 - A | Verizon Communications *VZ* | 92343V104 | 03/06/06 | 9,576 | ||||||
| 1 | Elect Directors | For | Split | Mgmt | ||||||
| 1.1 | Elect Director James R. Barker --- For | |||||||||
| 1.2 | Elect Director Richard L. Carrion --- For | |||||||||
| 1.3 | Elect Director Robert W. Lane --- For | |||||||||
| 1.4 | Elect Director Sandra O. Moose --- For | |||||||||
| 1.5 | Elect Director Joseph Neubauer --- Withhold | |||||||||
| 1.6 | Elect Director Donald T. Nicolaisen --- For | |||||||||
| 1.7 | Elect Director Thomas H. O'Brien --- For | |||||||||
| 1.8 | Elect Director Clarence Otis, Jr. --- For | |||||||||
| 1.9 | Elect Director Hugh B. Price --- For | |||||||||
| 1.10 | Elect Director Ivan G. Seidenberg --- For | |||||||||
| 1.11 | Elect Director Walter V. Shipley --- For | |||||||||
| 1.12 | Elect Director John R. Stafford --- For | |||||||||
| 1.13 | Elect Director Robert D. Storey --- For | |||||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Restore or Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||
| 4 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 5 | Require Majority of Independent Directors on Board | Against | Against | ShrHoldr | ||||||
| 6 | Company-Specific-Directors on Common Boards | Against | Against | ShrHoldr | ||||||
| 7 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||
| 8 | Performance-Based and/or Time-Based Equity Awards | Against | Against | ShrHoldr | ||||||
| 9 | Report on Political Contributions | Against | For | ShrHoldr | ||||||
| 04/25/06 - A | VF Corp. *VFC* | 918204108 | 03/07/06 | 4,190 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 05/24/06 - A | Viacom Inc. *VIA.B* | 92553P201 | 03/31/06 | 4,146 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 06/02/06 - A | Wal-Mart Stores, Inc. *WMT* | 931142103 | 04/05/06 | 6,762 | ||||||
| 1 | Elect Directors | For | For | Mgmt | ||||||
| 2 | Ratify Auditors | For | For | Mgmt | ||||||
| 3 | Report on Animal Welfare Standards | Against | Against | ShrHoldr | ||||||
| 4 | Report on Political Contributions | Against | For | ShrHoldr | ||||||
| 5 | Require a Majority Vote for the Election of Directors | Against | For | ShrHoldr | ||||||
| 6 | Prepare a Sustainability Report | Against | For | ShrHoldr | ||||||
| 7 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||
| 8 | Report on Stock Option Distribution by Race and Gender | Against | For | ShrHoldr | ||||||
| By (Signature and Title)* | /s/ Carl C. Peterson | ||
Carl C. Peterson, President |
