New Covenant Growth Fd NPX Annual report of proxy voting record

Form N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT

Investment Company Act file number: 811-09025

New Covenant Funds

(Exact name of registrant as specified in charter)

200 East 12^th Street, Jeffersonville, IN 47130

(Address of principle executive offices)

Laura C. Plumley, E.S.Q. 200 East 12^th Street, Jeffersonville, IN 47130

(Name and address of agent for service)

Registrant ‘s telephone number, including area code: (502) 569-5984

Date of Fiscal year-end: 06/30/2004

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

Item 1. Proxy Voting Record

New Covenant Growth Fund:

Account Number 2: NCF-NCGFX Capital Guardian

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote

For/Agnst
Mgmt

Abitibi-Consolidated

2056807

4/29/2004

1.01 Elect Dong K. Cho

MGMT

YES

FOR

1.02 Elect Marlene Davidge

MGMT

YES

FOR

1.03 Elect William E. Davis

MGMT

YES

FOR

1.04 Elect Richard Drouin

MGMT

YES

FOR

1.05 Elect Lisa Lachapelle

MGMT

YES

FOR

1.06 Elect Gary J. Lukassen

MGMT

YES

FOR

1.07 Elect C. Edward Medland

MGMT

YES

FOR

1.08 Elect John A. Tory

MGMT

YES

FOR

1.09 Elect David A. Ward

MGMT

YES

FOR

1.10 Elect John W. Weaver

MGMT

YES

FOR

2.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

Advantest

6857

6870490

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Indemnify Directors/Officers

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Aeon

5754379

5/19/2004

1.00 Amend Company Purpose

MGMT

YES

AGAINST

1.00 Designate Presiding Director

MGMT

YES

AGAINST

1.00 Increase Authorized Capital

MGMT

YES

AGAINST

1.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

2.01 Elect Nominee No. 2.1

MGMT

YES

FOR

2.02 Elect Nominee No. 2.2

MGMT

YES

FOR

2.03 Elect Nominee No. 2.3

MGMT

YES

FOR

2.04 Elect Nominee No. 2.4

MGMT

YES

FOR

2.05 Elect Nominee No. 2.5

MGMT

YES

FOR

2.06 Elect Nominee No. 2.6

MGMT

YES

FOR

2.07 Elect Nominee No. 2.7

MGMT

YES

FOR

2.08 Elect Nominee No. 2.8

MGMT

YES

FOR

Aiful

8515

6019419

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Amend Company Purpose

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 3.15

MGMT

YES

AGAINST

3.16 Elect Nominee No. 3.16

MGMT

YES

AGAINST

3.17 Elect Nominee No. 3.17

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

6.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Alcan

0013246

4/22/2004

1.00 Elect Roland Berger

MGMT

YES

FOR

2.00 Elect L. Denis Desautels

MGMT

YES

FOR

3.00 Elect Travis Engen

MGMT

YES

FOR

4.00 Elect L. Yves Fortier

MGMT

YES

FOR

5.00 Elect Jean-Paul Jacamon

MGMT

YES

FOR

6.00 Elect William R. Loomis Jr.

MGMT

YES

FOR

7.00 Elect yves mansion

MGMT

YES

FOR

8.00 Elect C.J.M. Morin-Postel

MGMT

YES

FOR

9.00 Elect James M. E. Newall

MGMT

YES

FOR

10.00 Elect Guy Saint-Pierre

MGMT

YES

FOR

11.00 Elect Gerhard Schulmeyer

MGMT

YES

FOR

12.00 Elect Paul M. Tellier

MGMT

YES

FOR

13.00 Elect Milton K. Wong

MGMT

YES

FOR

14.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

Allianz

5231485

5/5/2004

1.00 Set Dividend at 1.50

MGMT

YES

FOR

2.00 Ratify Management Acts-Symbolic

MGMT

YES

FOR

3.00 Ratify Board Acts-Symbolic

MGMT

YES

FOR

4.00 Increase Authorized Capital

MGMT

YES

AGAINST

4.00 Issue Stock w/ or w/o Preemptive Rights

MGMT

YES

AGAINST

5.00 Increase Authorized Capital

MGMT

YES

FOR

5.00 Issue Stock w/ or w/o Preemptive Rights

MGMT

YES

FOR

6.00 Amend Articles for Capital Increase/Decrease

MGMT

YES

AGAINST

6.00 Increase Authorized Capital

MGMT

YES

AGAINST

6.00 Issue Convertible Debt Instruments

MGMT

YES

AGAINST

6.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

7.00 Authorize Trade in Company Stock

MGMT

YES

FOR

8.00 Authorize Share Repurchase

MGMT

YES

FOR

8.00 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

9.00 Approve Intra-company Contracts

MGMT

YES

FOR

Anglo American plc

0490151

4/21/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

3.01 Elect Maria Silvia Bastos Marques

MGMT

YES

FOR

3.02 Elect Barry Erskine Davison

MGMT

YES

FOR

3.03 Elect Chris Fay

MGMT

YES

FOR

3.04 Elect Anthony W. Lea

MGMT

YES

FOR

3.05 Elect Robert Margetts

MGMT

YES

FOR

3.06 Elect William A. Nairn

MGMT

YES

FOR

3.07 Elect Nicholas F. Oppenheimer

MGMT

YES

FOR

4.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

5.00 Approve Remuneration Policy

MGMT

YES

FOR

6.01 Approve Executive Profit Sharing/Bonus Plan

MGMT

YES

ABSTAIN

AGAINST

6.02 Approve Option/Purchase Plan - Overseas Employees

MGMT

YES

FOR

7.00 Issue Stock w/ Preemptive Rights

MGMT

YES

AGAINST

8.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

9.00 Authorize Share Repurchase

MGMT

YES

FOR

ANZ Banking Group

6065586

12/19/2003

1.10 Election of Directors by Nominee

MGMT

YES

AGAINST

1.20 Election of Directors by Nominee

MGMT

YES

AGAINST

1.30 Election of Directors by Nominee

MGMT

YES

NOT
VOTED

AGAINST

ANZ Banking Group

6065586

8/13/2003

1.00 Authorize Share Repurchase

MGMT

YES

FOR

2.00 Amend Share Class Rights

MGMT

YES

FOR

3.00 Approve Issue of Preferred Stock

MGMT

YES

FOR

AstraZeneca

4983884

4/29/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 0.54p

MGMT

YES

FOR

3.00 Appoint Outside Auditors

MGMT

YES

FOR

4.00 Set Auditors’ Fees

MGMT

YES

FOR

5.01 Elect Percy N. Barnevik

MGMT

YES

FOR

5.02 Elect Hakan Mogren

MGMT

YES

FOR

5.03 Elect Sir Tom McKillop

MGMT

YES

FOR

5.04 Elect Jonathan Symonds

MGMT

YES

FOR

5.05 Elect Sir Peter Bonfield

MGMT

YES

FOR

5.06 Elect John Buchanan

MGMT

YES

FOR

5.07 Elect Jane E. Henney

MGMT

YES

FOR

5.08 Elect Michele J. Hooper

MGMT

YES

FOR

5.09 Elect Joe Jimenez

MGMT

YES

FOR

5.10 Elect Erna Moller

MGMT

YES

FOR

5.11 Elect Bridget Ogilvie

MGMT

YES

FOR

5.12 Elect Louis Schweitzer

MGMT

YES

FOR

5.13 Elect Marcus Wallenberg

MGMT

YES

FOR

6.00 Approve Remuneration Policy

MGMT

YES

FOR

7.00 Amend Articles Regarding Treasury Shares

MGMT

YES

ABSTAIN

AGAINST

8.00 Approve Political Donation

MGMT

YES

AGAINST

9.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

10.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

11.00 Authorize Share Repurchase

MGMT

YES

FOR

12.00 Approve Directors’ Fees

MGMT

YES

FOR

Banco Bilbao Vizcaya Argentaria (BBVA)

0443694

2/27/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

1.00 Ratify Board Acts-Symbolic

MGMT

YES

FOR

1.00 Ratify Management Acts-Symbolic

MGMT

YES

FOR

1.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

2.00 Amend Articles for Capital Increase/Decrease

MGMT

YES

AGAINST

2.00 Increase Authorized Capital

MGMT

YES

AGAINST

2.00 Issue Stock w/ Preemptive Rights

MGMT

YES

AGAINST

3.00 Issue Debt Instruments

MGMT

YES

FOR

4.00 Amend Articles—Technical

MGMT

YES

FOR

4.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

FOR

4.00 Amend Board/Supervisory Board Size

MGMT

YES

FOR

4.00 Amend Meeting Procedures/Change Date

MGMT

YES

FOR

5.00 Authorize Legal Formalities

MGMT

YES

FOR

6.00 Authorize Legal Formalities

MGMT

YES

FOR

7.00 Authorize Share Repurchase

MGMT

YES

FOR

8.00 Appoint Outside Auditors

MGMT

YES

FOR

9.00 Election of Directors by Slate

MGMT

YES

FOR

10.00 Approve Use/Transfer of Reserves

MGMT

YES

FOR

11.00 Authorize Legal Formalities

MGMT

YES

FOR

Barclays

3134865

4/29/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Elect Sir Richard Broadbent

MGMT

YES

FOR

4.00 Elect Roger William John Davis

MGMT

YES

FOR

5.00 Elect Gary Hoffman

MGMT

YES

FOR

6.00 Elect Naguib Kheraj

MGMT

YES

FOR

7.00 Elect David Lawton Roberts

MGMT

YES

FOR

8.00 Elect Sir Peter Middleton

MGMT

YES

FOR

9.00 Elect Stephen George Russell

MGMT

YES

FOR

10.00 Elect Christopher John Lendrum

MGMT

YES

FOR

11.00 Elect Brian Garton Jenkins

MGMT

YES

FOR

12.00 Appoint Outside Auditors

MGMT

YES

FOR

13.00 Set Auditors’ Fees

MGMT

YES

FOR

14.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

15.00 Authorize Share Repurchase

MGMT

YES

AGAINST

BG Group PLC

5845455

5/21/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Set Final Dividend at 1.86p

MGMT

YES

FOR

4.00 Elect Peter Backhouse

MGMT

YES

FOR

5.00 Elect Paul J. Collins

MGMT

YES

FOR

6.00 Elect William Friedrich

MGMT

YES

FOR

7.00 Elect Lord Sharman

MGMT

YES

FOR

8.00 Elect Keith Mackrell

MGMT

YES

FOR

9.00 Appoint Outside Auditors

MGMT

YES

FOR

10.00 Set Auditors’ Fees

MGMT

YES

FOR

11.00 Approve Political Donation

MGMT

YES

AGAINST

12.00 Amend Articles—Treasury Shares

MGMT

YES

AGAINST

13.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

14.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

15.00 Authorize Share Repurchase

MGMT

YES

FOR

BHP Billiton Ltd.

6144690

11/13/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Financial Statements

MGMT

YES

FOR

3.00 Election of Directors by Nominee

MGMT

YES

FOR

4.00 Election of Directors by Nominee

MGMT

YES

FOR

5.00 Election of Directors by Nominee

MGMT

YES

FOR

6.00 Election of Directors by Nominee

MGMT

YES

FOR

7.00 Election of Directors by Nominee

MGMT

YES

FOR

8.00 Election of Directors by Nominee

MGMT

YES

FOR

9.00 Election of Directors by Nominee

MGMT

YES

FOR

10.00 Election of Directors by Nominee

MGMT

YES

FOR

11.00 Election of Directors by Nominee

MGMT

YES

FOR

12.00 Election of Directors by Nominee

MGMT

YES

FOR

13.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

14.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

15.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

16.00 Authorize Share Repurchase

MGMT

YES

FOR

17.00 Approve Remuneration Policy

MGMT

YES

FOR

18.00 Approve Directors for Stock Opt/Purchase Plan

MGMT

YES

FOR

19.00 Approve Directors for Stock Opt/Purchase Plan

MGMT

YES

FOR

Bombardier Inc

BBD

2109723

6/1/2004

1.01 Elect Laurent Beaudoin

MGMT

YES

FOR

1.02 Elect Jalynn H. Bennett

MGMT

YES

FOR

1.03 Elect Andre Berard

MGMT

YES

FOR

1.04 Elect J. R. Andre Bombardier

MGMT

YES

FOR

1.05 Elect Janine Bombardier

MGMT

YES

FOR

1.06 Elect L. Denis Desautels

MGMT

YES

FOR

1.07 Elect Jean-Louis Fontaine

MGMT

YES

FOR

1.08 Elect Daniel Johnson

MGMT

YES

FOR

1.09 Elect Michael H. McCain

MGMT

YES

FOR

1.10 Elect Jean C. Monty

MGMT

YES

FOR

1.11 Elect James E. Perrella

MGMT

YES

FOR

1.12 Elect Carlos E. Represas

MGMT

YES

FOR

1.13 Elect Federico Sada G.

MGMT

YES

FOR

1.14 Elect Paul M. Tellier

MGMT

YES

FOR

2.00 Appoint Outside Auditors

MGMT

YES

FOR

3.00 SP-Adopt Ethics Code

YES

FOR

AGAINST

Brambles Industries Ltd.

6120009

11/18/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Financial Statements

MGMT

YES

FOR

3.00 Approve Remuneration Policy

MGMT

YES

FOR

4.00 Election of Directors by Nominee

MGMT

YES

FOR

5.00 Election of Directors by Nominee

MGMT

YES

FOR

6.00 Election of Directors by Nominee

MGMT

YES

FOR

7.00 Election of Directors by Nominee

MGMT

YES

FOR

8.00 Election of Directors by Nominee

MGMT

YES

FOR

9.00 Election of Directors by Nominee

MGMT

YES

FOR

10.00 Election of Directors by Nominee

MGMT

YES

FOR

11.00 Election of Directors by Nominee

MGMT

YES

FOR

12.00 Appoint Outside Auditors

MGMT

YES

FOR

13.00 Set Auditors’ Fees

MGMT

YES

FOR

14.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

15.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

16.00 Authorize Share Repurchase

MGMT

YES

FOR

17.00 Approve Scrip Dividend/Dividend Reinvest

MGMT

YES

FOR

18.00 Approve Scrip Dividend/Dividend Reinvest

MGMT

YES

FOR

19.00 Amend Articles—Technical

MGMT

YES

FOR

Canon

5485271

3/30/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 15

MGMT

YES

AGAINST

3.16 Elect Nominee No. 16

MGMT

YES

AGAINST

3.17 Elect Nominee No. 17

MGMT

YES

AGAINST

3.18 Elect Nominee No. 18

MGMT

YES

AGAINST

3.19 Elect Nominee No. 19

MGMT

YES

AGAINST

3.20 Elect Nominee No. 20

MGMT

YES

AGAINST

3.21 Elect Nominee No. 21

MGMT

YES

AGAINST

3.22 Elect Nominee No. 22

MGMT

YES

AGAINST

3.23 Elect Nominee No. 23

MGMT

YES

AGAINST

3.24 Elect Nominee No. 24

MGMT

YES

AGAINST

3.25 Elect Nominee No. 25

MGMT

YES

AGAINST

3.26 Elect Nominee No. 26

MGMT

YES

AGAINST

3.27 Elect Nominee No. 27

MGMT

YES

AGAINST

4.00 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Appoint Auditors and Set Their Fees

MGMT

YES

ABSTAIN

AGAINST

6.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

7.00 Approve Directors’ Fees

MGMT

YES

FOR

7.00 Approve Maximum Statutory Auditor Fees

MGMT

YES

FOR

Centrica

0573438

5/10/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Set Final Dividend at 3.70p

MGMT

YES

FOR

4.00 Elect Phillip Bentley

MGMT

YES

FOR

5.00 Elect Mark Clare

MGMT

YES

FOR

6.00 Elect Roger Carr

MGMT

YES

FOR

7.00 Appoint Outside Auditors

MGMT

YES

FOR

8.00 Set Auditors’ Fees

MGMT

YES

FOR

9.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

10.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

11.00 Authorize Share Repurchase

MGMT

YES

FOR

12.00 Approve Political Donation

MGMT

YES

AGAINST

Cheung Kong Holdings

2191139

5/20/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 1.60

MGMT

YES

FOR

3.01 Elect Davy Chung Sun Keung

MGMT

YES

AGAINST

3.02 Elect Edmond Ip Tak Chuen

MGMT

YES

AGAINST

3.03 Elect Justin Chiu Kwok Hung

MGMT

YES

AGAINST

3.04 Elect Roland Chow Kun Chee

MGMT

YES

AGAINST

3.05 Elect Rosanna Wong Yick-Ming

MGMT

YES

AGAINST

3.06 Elect Anthony Yeh Yuan Chang

MGMT

YES

AGAINST

4.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

5.01 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

5.02 Authorize Share Repurchase

MGMT

YES

FOR

5.03 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

Cheung Kong Holdings

2191139

5/20/2004

1.00 Amend Articles—Technical

MGMT

YES

FOR

1.00 Amend Board Election Rules

MGMT

YES

FOR

1.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

FOR

1.00 Amend Meeting Procedures/Change Date

MGMT

YES

FOR

1.00 Amend Terms of Indemnification

MGMT

YES

FOR

China Mobile Hong Kong

00941

6073556

6/16/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 20.00

MGMT

YES

FOR

3.01 Elect Xue Taohai

MGMT

YES

AGAINST

3.02 Elect Li Gang

MGMT

YES

AGAINST

3.03 Elect Xu Long

MGMT

YES

AGAINST

3.04 Elect Moses Cheng Mo Chi

MGMT

YES

AGAINST

3.05 Elect J. Brian Clark

MGMT

YES

AGAINST

4.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

5.00 Approve Directors’ Fees

MGMT

YES

FOR

6.00 Authorize Share Repurchase

MGMT

YES

FOR

7.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

8.00 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

9.00 Amend Articles—Technical

MGMT

YES

AGAINST

9.00 Amend Board Election Rules

MGMT

YES

AGAINST

9.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

AGAINST

9.00 Amend Meeting Procedures/Change Date

MGMT

YES

AGAINST

China Mobile Hong Kong

00941

6073556

6/16/2004

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

1.00 Approve Related Party Transactions

MGMT

YES

FOR

Companhia Vale do Rio Doce

2933900

4/28/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Dividend at 5.04

MGMT

YES

FOR

3.00 Approve Directors’ Fees

MGMT

YES

AGAINST

4.00 Approve Maximum Statutory Auditor Fees

MGMT

YES

AGAINST

4.00 Elect Statutory Auditors

MGMT

YES

AGAINST

5.00 Amend Articles for Capital Increase/Decrease

MGMT

YES

FOR

5.00 Approve Use/Transfer of Reserves

MGMT

YES

FOR

5.00 Increase Authorized Capital

MGMT

YES

FOR

Compass Group

0533153

2/16/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

4.00 Elect Michael J. Bailey

MGMT

YES

FOR

5.00 Elect Denis P. Cassidy

MGMT

YES

FOR

6.00 Elect Francis H. Mackay

MGMT

YES

FOR

7.00 Appoint Outside Auditors

MGMT

YES

FOR

8.00 Set Auditors’ Fees

MGMT

YES

FOR

9.00 Approve Political Donation

MGMT

YES

AGAINST

10.00 Amend Stock Option Plan

MGMT

YES

ABSTAIN

AGAINST

11.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

12.00 Authorize Share Repurchase

MGMT

YES

FOR

CRH

0182704

5/5/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 19.90

MGMT

YES

FOR

3.01 Elect David M. Kennedy

MGMT

YES

AGAINST

3.02 Elect Pat J. Molloy

MGMT

YES

AGAINST

3.03 Elect W.I. (Liam) O’Mahony

MGMT

YES

AGAINST

3.04 Elect Declan W. Doyle

MGMT

YES

AGAINST

3.05 Elect J.M. de Jong

MGMT

YES

AGAINST

3.06 Elect Myles Lee

MGMT

YES

AGAINST

3.07 Elect Terry V. Neill

MGMT

YES

AGAINST

4.00 Set Auditors’ Fees

MGMT

YES

FOR

5.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

6.00 Approve Scrip Dividend/Dividend Reinvestment Plan

MGMT

YES

FOR

7.00 Amend Articles—Technical

MGMT

YES

FOR

8.00 Amend Terms of Indemnification

MGMT

YES

FOR

9.00 Amend Articles Re: Share Repurchases

MGMT

YES

FOR

10.00 Authorize Share Repurchase

MGMT

YES

FOR

11.00 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

Dai Nippon Printing

7912

6250906

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

Daiwa Securities Co Ltd

8601

6251448

6/23/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Establish Board Committees

MGMT

YES

AGAINST

2.00 Indemnify Directors/Officers

MGMT

YES

AGAINST

2.00 Set Board/Supervisory Board Size Limits

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Fanuc

6954

6356934

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Change Notation for Maximum Board Fees

MGMT

YES

FOR

6.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Fuji Photo Film Co

4901

6356525

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Indemnify Directors/Officers

MGMT

YES

AGAINST

2.00 Set Board/Supervisory Board Size Limits

MGMT

YES

AGAINST

2.00 Set Number of Statutory Auditors

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 3.15

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

6.00 Approve Maximum Statutory Auditors’ Fee

MGMT

YES

FOR

Furukawa Electric

5801

6357562

��

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Approve Intra-company Contracts

MGMT

YES

FOR

3.00 Authorize Creation of New Share Class

MGMT

YES

AGAINST

4.01 Elect Nominee No. 4.1

MGMT

YES

AGAINST

4.02 Elect Nominee No. 4.2

MGMT

YES

AGAINST

4.03 Elect Nominee No. 4.3

MGMT

YES

AGAINST

4.04 Elect Nominee No. 4.4

MGMT

YES

AGAINST

4.05 Elect Nominee No. 4.5

MGMT

YES

AGAINST

4.06 Elect Nominee No. 4.6

MGMT

YES

AGAINST

4.07 Elect Nominee No. 4.7

MGMT

YES

AGAINST

4.08 Elect Nominee No. 4.8

MGMT

YES

AGAINST

4.09 Elect Nominee No. 4.9

MGMT

YES

AGAINST

4.10 Elect Nominee No. 4.10

MGMT

YES

AGAINST

5.01 Elect Statutory Auditors

MGMT

YES

FOR

5.02 Elect Statutory Auditors

MGMT

YES

FOR

5.03 Elect Statutory Auditors

MGMT

YES

FOR

GlaxoSmithKline PLC

0925288

5/17/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Elect H. Lawrence Culp Jr.

MGMT

YES

FOR

4.00 Elect Crispin H.L. Davis

MGMT

YES

FOR

5.00 Elect Robert Peter Wilson

MGMT

YES

FOR

6.00 Elect Tadataka (Tachi) Yamada

MGMT

YES

FOR

7.00 Elect Christopher A. Hogg

MGMT

YES

FOR

8.00 Appoint Outside Auditors

MGMT

YES

FOR

9.00 Set Auditors’ Fees

MGMT

YES

FOR

10.00 Approve Political Donation

MGMT

YES

AGAINST

11.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

12.00 Authorize Share Repurchase

MGMT

YES

FOR

Great West Lifeco

2384951

4/29/2004

1.00 Amend Board/Supervisory Board Size

MGMT

YES

FOR

2.01 Elect Gail Asper

MGMT

YES

FOR

2.02 Elect James W. Burns

MGMT

YES

FOR

2.03 Elect Orest Dackow

MGMT

YES

FOR

2.04 Elect Andre Desmarais

MGMT

YES

FOR

2.05 Elect Paul Desmarais

MGMT

YES

FOR

2.06 Elect Robert Gratton

MGMT

YES

FOR

2.07 Elect Daniel Johnson

MGMT

YES

FOR

2.08 Elect Kevin Kavanagh

MGMT

YES

FOR

2.09 Elect Peter Kruyt

MGMT

YES

FOR

2.10 Elect J. Blair MacAulay

MGMT

YES

FOR

2.11 Elect Right Honorable Donald F. Manzankowski

MGMT

YES

FOR

2.12 Elect William McCallum

MGMT

YES

FOR

2.13 Elect Raymond McFeetors

MGMT

YES

FOR

2.14 Elect Randall L. Moffatt

MGMT

YES

FOR

2.15 Elect Jerry E.A. Nickerson

MGMT

YES

FOR

2.16 Elect David A. Nield

MGMT

YES

FOR

2.17 Elect Gordon F. Osbaldeston

MGMT

YES

FOR

2.18 Elect R. Jeffrey Orr

MGMT

YES

FOR

2.19 Elect Michel Plessis-Belair

MGMT

YES

FOR

2.20 Elect Guy St-Germain

MGMT

YES

FOR

2.21 Elect Gerard Veilleux

MGMT

YES

FOR

3.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

Hang Seng Bank

5687118

4/22/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.01 Elect Simon Jeremy Glass

MGMT

YES

AGAINST

2.02 Elect Jenkin Hui

MGMT

YES

AGAINST

2.03 Elect Ka Cheung (Eric) Li

MGMT

YES

AGAINST

2.04 Elect Wai Kin (David) Sin

MGMT

YES

AGAINST

3.00 Appoint Auditors and Set Their Fees

MGMT

YES

ABSTAIN

AGAINST

4.00 Appoint Officer(s) from Board

MGMT

YES

ABSTAIN

AGAINST

5.00 Authorize Share Repurchase

MGMT

YES

FOR

6.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

HBOS

3058750

4/27/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Set Dividend at 20.60p

MGMT

YES

FOR

4.00 Elect Kate Nealon

MGMT

YES

FOR

5.00 Elect David Shearer

MGMT

YES

FOR

6.00 Elect James Crosby

MGMT

YES

FOR

7.00 Elect Phil Hodkinson

MGMT

YES

FOR

8.00 Elect Brian Ivory

MGMT

YES

FOR

9.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

10.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

11.00 Authorize Share Repurchase

MGMT

YES

FOR

12.00 Approve Political Donation

MGMT

YES

AGAINST

13.00 Amend Articles—Technical

MGMT

YES

FOR

Hirose Electric

6806

6428725

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

Hongkong Land Holdings

0435765

5/5/2004

1.01 Approve Financial Statements

MGMT

YES

FOR

1.02 Set Final Dividend at 4.00

MGMT

YES

FOR

2.01 Elect Jenkin Hui

MGMT

YES

AGAINST

2.02 Elect Brian Keelan

MGMT

YES

AGAINST

2.03 Elect Henry Keswick

MGMT

YES

AGAINST

3.00 Approve Directors’ Fees

MGMT

YES

FOR

4.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

5.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

6.00 Authorize Share Repurchase

MGMT

YES

AGAINST

Hoya

5689374

6/18/2004

1.00 Amend Company Purpose

MGMT

YES

ABSTAIN

AGAINST

1.00 Waive Approval of Share Repurchase

MGMT

YES

ABSTAIN

AGAINST

2.01 Elect Nominee No. 2.1

MGMT

YES

FOR

2.02 Elect Nominee No. 2.2

MGMT

YES

FOR

2.03 Elect Nominee No. 2.3

MGMT

YES

FOR

2.04 Elect Nominee No. 2.4

MGMT

YES

FOR

2.05 Elect Nominee No. 2.5

MGMT

YES

FOR

2.06 Elect Nominee No. 2.6

MGMT

YES

FOR

2.07 Elect Nominee No. 2.7

MGMT

YES

FOR

2.08 Elect Nominee No. 2.8

MGMT

YES

FOR

3.00 Approve Stock Option Grants

MGMT

YES

AGAINST

HSBC Holdings PLC

0540528

5/28/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.01 Elect The Rt. Hon. Lord Butler of Brockwell

MGMT

YES

FOR

2.02 Elect Baroness Lydia Dunn

MGMT

YES

FOR

2.03 Elect Rona A. Fairhead

MGMT

YES

FOR

2.04 Elect William Kwok Lun Fung

MGMT

YES

FOR

2.05 Elect Michael F. Geoghegan

MGMT

YES

FOR

2.06 Elect Sharon Hintze

MGMT

YES

FOR

2.07 Elect Sir John Kemp-Welch

MGMT

YES

FOR

2.08 Elect Sir Mark Moody-Stuart

MGMT

YES

FOR

2.09 Elect Helmut Sohmen

MGMT

YES

FOR

3.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

4.00 Approve Remuneration Policy

MGMT

YES

FOR

5.00 Authorize Share Repurchase

MGMT

YES

FOR

6.00 Approve Issue of Preferred Stock

MGMT

YES

AGAINST

6.00 Issue Stock w/ Preemptive Rights

MGMT

YES

AGAINST

7.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

8.00 Approve Directors’ Fees

MGMT

YES

FOR

Hutchison Whampoa Ltd

5324910

5/20/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 122.00

MGMT

YES

FOR

3.01 Elect Li Ka-Shing

MGMT

YES

AGAINST

3.02 Elect Frank John Sixt

MGMT

YES

AGAINST

3.03 Elect George Colin Magnus

MGMT

YES

AGAINST

3.04 Elect The Hon. Michael D. Kadoorie

MGMT

YES

AGAINST

4.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

5.01 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

5.02 Authorize Share Repurchase

MGMT

YES

FOR

5.03 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

Hutchison Whampoa Ltd

HUWHY

2449043

5/20/2004

1.00 Amend Articles—Technical

MGMT

YES

FOR

1.00 Amend Board Election Rules

MGMT

YES

FOR

1.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

FOR

1.00 Amend Meeting Procedures/Change Date

MGMT

YES

FOR

1.00 Amend Terms of Indemnification

MGMT

YES

FOR

2.00 Approve Stock Option Plan for Subsidiary

MGMT

YES

AGAINST

3.00 Approve Stock Option Plan for Subsidiary

MGMT

YES

AGAINST

4.00 Approve Stock Option Plan for Subsidiary

MGMT

YES

AGAINST

Japan Telecom Holdings

9434

6475497

12/9/2003

1.00 Amend Articles—Technical

MGMT

YES

FOR

1.00 Change Company Name

MGMT

YES

FOR

1.00 Relocate Corporate Headquarters

MGMT

YES

FOR

2.00 Approve Use/Transfer of Reserves

MGMT

YES

FOR

3.00 Elect Directors

MGMT

YES

FOR

Johnson Electric Holdings

6126331

7/21/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

3.00 Election of Directors by Slate

MGMT

YES

FOR

4.00 Approve Directors’ Fees

MGMT

YES

FOR

5.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

6.00 Set Board/Supervisory Board Size Limits

MGMT

YES

FOR

7.10 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

7.20 Authorize Share Repurchase

MGMT

YES

FOR

7.30 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

Kansai Electric Power Co Inc

9503

6483489

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Statutory Auditors

MGMT

YES

FOR

4.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

5.00 SP-Reduce Maximum Board Size to 15

YES

AGAINST

FOR

6.00 SP-Reduce Statutory Auditor Board Size, + NGO Rep

YES

AGAINST

FOR

7.00 SP-Support Efforts Against Global Warming

YES

ABSTAIN

AGAINST

8.00 SP-Phase Out Nuclear Power

YES

ABSTAIN

AGAINST

9.00 SP-Draft and Adhere to a Corp. Ethics Charter

YES

ABSTAIN

AGAINST

10.00 SP-Improve Labor Practices

YES

ABSTAIN

AGAINST

11.00 SP-Don’t Cut Lifeline Programs in Recessions

YES

ABSTAIN

AGAINST

12.00 SP-Increase Dividend

YES

ABSTAIN

AGAINST

13.00 SP-Oust Director(s)

YES

ABSTAIN

AGAINST

14.00 SP-Reduce Board Size and Term in Office

YES

ABSTAIN

AGAINST

15.00 SP-Set Up Board Compensation Committee

YES

ABSTAIN

AGAINST

16.00 SP-Phase Out Nuclear Power

YES

ABSTAIN

AGAINST

17.00 SP-Set Up Committee on Donations

YES

ABSTAIN

AGAINST

18.00 SP-Committee on Abandoning Nuc., Large-Scale Power

YES

ABSTAIN

AGAINST

19.00 SP-Phase Out Nuclear Power

YES

ABSTAIN

AGAINST

20.00 SP-Phase Out Nuclear Power

YES

ABSTAIN

AGAINST

Keyence

6861

6490995

6/17/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Amend Articles—Technical

MGMT

YES

FOR

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

4.00 Elect Alternate Statutory Auditors

MGMT

YES

FOR

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Kyocera Corp

6971

6499260

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Statutory Auditors

MGMT

YES

FOR

3.02 Elect Statutory Auditors

MGMT

YES

FOR

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Li & Fung Ltd

6286257

5/11/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 25.00

MGMT

YES

FOR

3.01 Elect Danny Lau Sai Wing

MGMT

YES

AGAINST

3.02 Elect Annabella Leung Wai Ping

MGMT

YES

AGAINST

3.03 Elect Paul E. Selway-Swift

MGMT

YES

AGAINST

4.00 Approve Directors’ Fees

MGMT

YES

FOR

5.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

6.00 Authorize Share Repurchase

MGMT

YES

FOR

7.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

8.00 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

9.00 Amend Articles—Technical

MGMT

YES

FOR

9.00 Amend Board Election Rules

MGMT

YES

FOR

9.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

FOR

9.00 Amend Meeting Procedures/Change Date

MGMT

YES

FOR

Marks & Spencer

3127489

7/16/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Set Final Dividend at 6.5 p

MGMT

YES

FOR

4.00 Elect Justin King

MGMT

YES

FOR

5.00 Elect Vittorio Radice

MGMT

YES

FOR

6.00 Elect Roger Holmes

MGMT

YES

FOR

7.00 Elect Jack Keenan

MGMT

YES

FOR

8.00 Elect Laurel Powers-Freeling

MGMT

YES

FOR

9.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

10.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

11.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

12.00 Authorize Share Repurchase

MGMT

YES

FOR

Microsoft

MSFT

594918104

11/11/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Director Stock Option Plan

MGMT

YES

FOR

4.00 SP-Limit or End Charitable Giving

YES

AGAINST

FOR

Millea Holdings Inc

8766

6513126

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Mitsubishi Corp

8058

6596785

6/24/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Reduce Board Term to One Year

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

4.04 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Mitsubishi Estate

8802

6596729

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Amend Company Purpose

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

6.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

7.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Mitsubishi Motors

5507409

4/30/2004

1.00 Authorize Creation of Preferred Stock

MGMT

YES

AGAINST

1.00 Increase Authorized Capital

MGMT

YES

AGAINST

1.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

2.01 Elect Nominee No. 1

MGMT

YES

AGAINST

2.02 Elect Nominee No. 2

MGMT

YES

AGAINST

Mitsubishi Motors Corp

7211

6598446

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Amend Authorized Preferred Stock

MGMT

YES

FOR

3.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

4.01 Elect Nominee No. 4.1

MGMT

YES

AGAINST

4.02 Elect Nominee No. 4.2

MGMT

YES

AGAINST

4.03 Elect Nominee No. 4.3

MGMT

YES

AGAINST

4.04 Elect Nominee No. 4.4

MGMT

YES

AGAINST

4.05 Elect Nominee No. 4.5

��

MGMT

YES

AGAINST

4.06 Elect Nominee No. 4.6

MGMT

YES

AGAINST

4.07 Elect Nominee No. 4.7

MGMT

YES

AGAINST

5.01 Elect Statutory Auditors

MGMT

YES

FOR

Mitsubishi Tokyo Financial Group

8306

3198902

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Mitsui Fudosan

8801

6597603

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Amend Company Purpose

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Statutory Auditors

MGMT

YES

FOR

3.02 Elect Statutory Auditors

MGMT

YES

FOR

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Mitsui Sumitomo Insurance Co

8752

6870122

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Mizuho Financial Group

8411

6591014

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Approve Use/Transfer of Reserves

MGMT

YES

FOR

3.00 Repurchase Preferred Stock from Government

MGMT

YES

FOR

4.00 Amend Articles—Technical

MGMT

YES

FOR

5.01 Elect Nominee No. 5.1

MGMT

YES

AGAINST

5.02 Elect Nominee No. 5.2

MGMT

YES

AGAINST

5.03 Elect Nominee No. 5.3

MGMT

YES

AGAINST

6.01 Elect Statutory Auditors

MGMT

YES

FOR

6.02 Elect Statutory Auditors

MGMT

YES

FOR

7.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

7.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

8.00 SP-Improve Disclosure

YES

FOR

AGAINST

9.00 SP-Improve Disclosure

YES

FOR

AGAINST

MMO2

3087271

7/30/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Elect David Chance

MGMT

YES

FOR

4.00 Elect David Arculus

MGMT

YES

FOR

5.00 Elect Rudolf Groger

MGMT

YES

FOR

6.00 Elect David McGlade

MGMT

YES

FOR

7.00 Elect Kent Thexton

MGMT

YES

FOR

8.00 Elect Peter Erskine

MGMT

YES

FOR

9.00 Elect Neelie Kroes

MGMT

YES

FOR

10.00 Elect Paul Myners

MGMT

YES

FOR

11.00 Appoint Outside Auditors

MGMT

YES

FOR

12.00 Set Auditors’ Fees

MGMT

YES

FOR

13.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

14.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

15.00 Authorize Share Repurchase

MGMT

YES

FOR

Muenchener Rueck

4904409

5/26/2004

1.00 Set Dividend at 1.25

MGMT

YES

FOR

2.00 Ratify Management Acts-Symbolic

MGMT

YES

FOR

3.00 Ratify Board Acts-Symbolic

MGMT

YES

FOR

4.00 Elect Supervisory Board/Corporate Assembly

MGMT

YES

FOR

5.00 Authorize Share Repurchase

MGMT

YES

FOR

5.00 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

6.00 Increase Authorized Capital

MGMT

YES

FOR

6.00 Issue Stock w/ or w/o Preemptive Rights

MGMT

YES

FOR

Murata Manufacturing

6981

6610403

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonus

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

6.00 Approve Stock Option Grants

MGMT

YES

AGAINST

National Australia Bank

2297617

12/19/2003

1.10 Election of Directors by Nominee

MGMT

YES

AGAINST

1.20 Election of Directors by Nominee

MGMT

YES

AGAINST

1.30 Election of Directors by Nominee

MGMT

YES

AGAINST

1.40 Election of Directors by Nominee

MGMT

YES

AGAINST

1.50 Election of Directors by Nominee

MGMT

YES

AGAINST

2.00 Approve Directors for Stock Opt/Purchase Plan

MGMT

YES

AGAINST

3.00 Approve Directors for Stock Opt/Purchase Plan

MGMT

YES

AGAINST

4.00 Amend Director Retirement Benefit Scheme for the P

MGMT

YES

FOR

5.00 Approve Directors’ Fees

MGMT

YES

FOR

6.00 Reapprove Nonexecutive Director Equity Remuneratio

MGMT

YES

FOR

7.00 Authorize Share Repurchase

MGMT

YES

FOR

National Bank of Canada

7687934

3/10/2004

1.00 Amend Board/Supervisory Board Size

MGMT

YES

FOR

2.01 Elect Lawrence S. Bloomberg

MGMT

YES

FOR

2.02 Elect Pierre Bourgie

MGMT

YES

FOR

2.03 Elect Gerard Coulombe

MGMT

YES

FOR

2.04 Elect Bernard Cyr

MGMT

YES

FOR

2.05 Elect Shirley A. Dawe

MGMT

YES

FOR

2.06 Elect Nicole Diamond-Gelinas

MGMT

YES

FOR

2.07 Elect Jean Douville

MGMT

YES

FOR

2.08 Elect Marcel Dutil

MGMT

YES

FOR

2.09 Elect Jean Gaulin

MGMT

YES

FOR

2.10 Elect Paul Gobeil

MGMT

YES

FOR

2.11 Elect Suzanne Leclair

MGMT

YES

AGAINST

2.12 Elect E.A. Parkinson-Marcoux

MGMT

YES

FOR

2.13 Elect Real Raymond

MGMT

YES

FOR

2.14 Elect Roseanne Runte

MGMT

YES

FOR

2.15 Elect Jean Turmel

MGMT

YES

FOR

3.00 Approve Directors’ Fees

MGMT

YES

FOR

4.00 Appoint Outside Auditors

MGMT

YES

FOR

5.00 SP-Prohibit CEO Serving on Unrelated Boards

YES

FOR

AGAINST

6.00 SP-Disclose Director Board Experience

YES

FOR

AGAINST

7.00 SP-Disclose Retirement Benefits

YES

FOR

AGAINST

8.00 SP-Disclose Total Value of Executive Pensions

YES

FOR

AGAINST

9.00 SP-Provide Advance Notice of Share Trades

YES

AGAINST

FOR

10.00 SP-Prohibit Auditors from Non-Audit Work

YES

FOR

AGAINST

11.00 SP-Initiate Investigation

YES

AGAINST

FOR

11.00 SP-Oust Director(s)

YES

AGAINST

FOR

12.00 SP-Amend Board Election Procedures

YES

AGAINST

FOR

13.00 SP-Change Audit Policy; Increase Disclosure

YES

AGAINST

FOR

14.00 SP-Allow Greater Question Time

YES

AGAINST

FOR

15.00 SP-Improve Disclosure of Executive Loans

YES

AGAINST

FOR

National Grid

3122387

7/21/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 10.34 p

MGMT

YES

FOR

3.00 Elect Nick Winser

MGMT

YES

FOR

4.00 Elect John Parker

MGMT

YES

FOR

5.00 Elect Steve Lucas

MGMT

YES

FOR

6.00 Elect John Wybrew

MGMT

YES

FOR

7.00 Elect Kenneth Harvey

MGMT

YES

FOR

8.00 Elect Stephen Pettit

MGMT

YES

FOR

9.00 Elect George Rose

MGMT

YES

FOR

10.00 Elect Steve Holiday

MGMT

YES

FOR

11.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

12.00 Approve Remuneration Policy

MGMT

YES

FOR

13.00 Authorize Share Repurchase

MGMT

YES

FOR

NEC Corp

6701

6640400

6/22/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Reduce Board Term to One Year

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 3.15

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

NEC Electronics Corp

6723

6635677

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Indemnify Directors/Officers

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

7.00 Approve Directors’ Fees

MGMT

YES

FOR

7.00 Approve Maximum Statutory Auditors’ Fee

MGMT

YES

FOR

Nidec Corp

6594

6640682

6/23/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

Nikko Cordial

8603

6640284

6/24/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Establish Board Committees

MGMT

YES

AGAINST

2.00 Reduce Board Term to One Year

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

5.00 Approve Restricted Stock Grants

MGMT

YES

AGAINST

Nikon Corp

7731

6642321

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

6.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Nintendo

7974

6639550

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Nippon Steel Corp

5401

6642569

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Statutory Auditors

MGMT

YES

FOR

3.02 Elect Statutory Auditors

MGMT

YES

FOR

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Nissan Motor Co Ltd

7201

6642860

6/23/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.00 Approve Stock Option Grants

MGMT

YES

AGAINST

4.00 Authorize Share Repurchase

MGMT

YES

FOR

5.01 Elect Statutory Auditors

MGMT

YES

FOR

5.02 Elect Statutory Auditors

MGMT

YES

FOR

5.03 Elect Statutory Auditors

MGMT

YES

FOR

5.04 Elect Statutory Auditors

MGMT

YES

FOR

5.05 Elect Statutory Auditors

MGMT

YES

FOR

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Nitto Denko

6988

6641801

6/24/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Set Board/Supervisory Board Size Limits

MGMT

YES

ABSTAIN

AGAINST

2.00 Set Number of Statutory Auditors

MGMT

YES

ABSTAIN

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

ABSTAIN

AGAINST

3.00 Approve Stock Option Grants

MGMT

YES

AGAINST

4.01 Elect Nominee No. 4.1

MGMT

YES

AGAINST

4.02 Elect Nominee No. 4.2

MGMT

YES

AGAINST

4.03 Elect Nominee No. 4.3

MGMT

YES

AGAINST

4.04 Elect Nominee No. 4.4

MGMT

YES

AGAINST

4.05 Elect Nominee No. 4.5

MGMT

YES

AGAINST

5.01 Elect Statutory Auditors

MGMT

YES

FOR

5.02 Elect Statutory Auditors

MGMT

YES

FOR

5.03 Elect Statutory Auditors

MGMT

YES

FOR

5.04 Elect Statutory Auditors

MGMT

YES

FOR

6.00 Approve Restricted Stock Grants

MGMT

YES

FOR

7.00 Approve Maximum Statutory Auditors’ Fee

MGMT

YES

FOR

8.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

8.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

9.00 Approve Bonus

MGMT

YES

FOR

NK Yukos OAO

YUKOY

2740713

6/24/2004

1.00 Authorize Legal Formalities

MGMT

YES

FOR

2.00 Approve Financial Statements

MGMT

YES

FOR

3.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

4.00 Election of Directors by Slate

MGMT

YES

FOR

5.01 Appoint Board Commission

MGMT

YES

FOR

5.02 Appoint Board Commission

MGMT

YES

FOR

5.03 Appoint Board Commission

MGMT

YES

FOR

6.00 Appoint Outside Auditors

MGMT

YES

FOR

7.00 Approve Directors’ Fees

MGMT

YES

FOR

Nomura Holdings Inc

8604

6643108

6/26/2004

1.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

2.00 Approve Stock Option Grants

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

Orix Corp

8591

6661144

6/23/2004

1.00 Amend Company Purpose

MGMT

YES

ABSTAIN

AGAINST

1.00 Indemnify Directors/Officers

MGMT

YES

ABSTAIN

AGAINST

1.00 Synchronize Board Terms (Technical)

MGMT

YES

ABSTAIN

AGAINST

1.00 Waive Approval of Share Repurchase

MGMT

YES

ABSTAIN

AGAINST

2.01 Elect Nominee No. 2.1

MGMT

YES

AGAINST

2.02 Elect Nominee No. 2.2

MGMT

YES

AGAINST

2.03 Elect Nominee No. 2.3

MGMT

YES

AGAINST

2.04 Elect Nominee No. 2.4

MGMT

YES

AGAINST

2.05 Elect Nominee No. 2.5

MGMT

YES

AGAINST

2.06 Elect Nominee No. 2.6

MGMT

YES

AGAINST

2.07 Elect Nominee No. 2.7

MGMT

YES

AGAINST

2.08 Elect Nominee No. 2.8

MGMT

YES

AGAINST

2.09 Elect Nominee No. 2.9

MGMT

YES

AGAINST

2.10 Elect Nominee No. 2.10

MGMT

YES

AGAINST

2.11 Elect Nominee No. 2.11

MGMT

YES

AGAINST

2.12 Elect Nominee No. 2.12

MGMT

YES

AGAINST

3.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Pearson

0677608

4/30/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 14.80p

MGMT

YES

FOR

3.00 Elect Dennis Stevenson

MGMT

YES

AGAINST

4.00 Elect John C. Makinson

MGMT

YES

AGAINST

5.00 Elect Reuben Mark

MGMT

YES

AGAINST

6.00 Elect Vernon Sankey

MGMT

YES

AGAINST

7.00 Approve Remuneration Policy

MGMT

YES

FOR

8.00 Appoint Outside Auditors

MGMT

YES

FOR

9.00 Set Auditors’ Fees

MGMT

YES

FOR

10.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

11.00 Increase Authorized Capital

MGMT

YES

FOR

12.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

13.00 Authorize Share Repurchase

MGMT

YES

FOR

14.00 Amend Articles Regarding Treasury Shares

MGMT

YES

AGAINST

14.00 Amend Articles—Technical

MGMT

YES

AGAINST

14.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

AGAINST

14.00 Amend Meeting Procedures/Change Date

MGMT

YES

AGAINST

15.00 Amend Stock Purchase Plan/SAYE/AESOP

MGMT

YES

FOR

Promina Group

6608516

4/23/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.01 Elect Leo Tutt

MGMT

YES

FOR

2.02 Elect Allan Diplock

MGMT

YES

FOR

Prudential

0709954

5/6/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Elect Jonathan W. Bloomer

MGMT

YES

FOR

4.00 Elect Philip A. Broadley

MGMT

YES

FOR

5.00 Elect Robert O. Rowley

MGMT

YES

FOR

6.00 Elect Kathleen A. O’Donovan

MGMT

YES

FOR

7.00 Elect Bridget A. Macaskill

MGMT

YES

FOR

8.00 Elect Mark Norbom

MGMT

YES

FOR

9.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

10.00 Approve Political Donation

MGMT

YES

AGAINST

11.00 Approve Political Donation

MGMT

YES

AGAINST

12.00 Authorize Creation of Preferred Stock

MGMT

YES

FOR

13.00 Approve Issue of Preferred Stock

MGMT

YES

FOR

14.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

15.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

16.00 Authorize Share Repurchase

MGMT

YES

FOR

17.00 Amend Articles—Technical

MGMT

YES

FOR

17.00 Amend Share Class Rights

MGMT

YES

FOR

QBE Insurance Group

6715740

4/2/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.01 Elect Len Bleasel

MGMT

YES

FOR

2.02 Elect Nick Greiner

MGMT

YES

FOR

3.00 Approve Directors’ Fees

MGMT

YES

FOR

4.00 Misc. Non-U.S. Mgt Compensation

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Reed Elsevier

0730835

4/28/2004

1.01 Approve Financial Statements

MGMT

YES

FOR

1.02 Approve Remuneration Policy

MGMT

YES

FOR

2.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

3.01 Appoint Outside Auditors

MGMT

YES

FOR

3.02 Set Auditors’ Fees

MGMT

YES

FOR

4.01 Elect Gerald van de Aast

MGMT

YES

FOR

4.02 Elect Morris Tabaksblat

MGMT

YES

FOR

4.03 Elect Rolf W.H. Stromberg

MGMT

YES

FOR

4.04 Elect Colin M. Sharman

MGMT

YES

FOR

5.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

6.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

7.00 Authorize Share Repurchase

MGMT

YES

FOR

Ricoh Co Ltd

7752

6738220

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

Rohm

6963

6747204

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Statutory Auditors

MGMT

YES

FOR

3.02 Elect Statutory Auditors

MGMT

YES

FOR

3.03 Elect Statutory Auditors

MGMT

YES

FOR

3.04 Elect Statutory Auditors

MGMT

YES

FOR

3.05 Elect Statutory Auditors

MGMT

YES

FOR

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Royal Bank of Scotland

0754783

4/29/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Set Final Dividend at 35.70p

MGMT

YES

FOR

4.00 Elect Emilio Botin

MGMT

YES

AGAINST

5.00 Elect Lawrence K. Fish

MGMT

YES

AGAINST

6.00 Elect Sir Angus Grossart

MGMT

YES

AGAINST

7.00 Elect Sir George R. Mathewson

MGMT

YES

AGAINST

8.00 Elect Gordon F. Pell

MGMT

YES

AGAINST

9.00 Elect Iain S. Robertson

MGMT

YES

AGAINST

10.00 Elect Iain Vallance

MGMT

YES

AGAINST

11.00 Appoint Outside Auditors

MGMT

YES

FOR

12.00 Set Auditors’ Fees

MGMT

YES

FOR

13.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

14.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

15.00 Authorize Share Repurchase

MGMT

YES

FOR

16.00 Approve Issue of Preferred Stock

MGMT

YES

ABSTAIN

AGAINST

16.00 Increase Authorized Capital

MGMT

YES

ABSTAIN

AGAINST

17.00 Amend Dividend Distribution Rules

MGMT

YES

FOR

Samsung Electronics

05930

2763152

2/27/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

1.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

2.01 Election of Directors by Slate

MGMT

YES

AGAINST

2.02 Elect Board Committee

MGMT

YES

FOR

2.03 Election of Directors by Slate

MGMT

YES

FOR

3.00 Approve Directors’ Fees

MGMT

YES

FOR

Sankyo (drugs)

5477803

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Sekisui House

4798680

4/27/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

4.00 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

Shell Transport & Trading Co PLC

0803414

6/28/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Elect Malcolm Brinded

MGMT

YES

FOR

4.00 Elect Eileen Buttle

MGMT

YES

FOR

5.00 Elect Luis Giusti

MGMT

YES

FOR

6.00 Elect Mary R. (Nina) Henderson

MGMT

YES

FOR

7.00 Elect Lord Ernest R. Oxburgh

MGMT

YES

FOR

8.00 Appoint Outside Auditors

MGMT

YES

FOR

9.00 Set Auditors’ Fees

MGMT

YES

FOR

10.00 Authorize Share Repurchase

MGMT

YES

FOR

Shimamura

8227

6804035

5/14/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.00 Elect Statutory Auditors

MGMT

YES

FOR

4.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Shin-Etsu Chemical

4063

6804585

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Shionogi & Co Ltd

4507

6804682

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Amend Company Purpose

MGMT

YES

AGAINST

2.00 Reduce Board Term to One Year

MGMT

YES

AGAINST

2.00 Reduce Minimum Board Size

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Singapore Airlines

6811734

7/26/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

3.00 Election of Directors by Nominee

MGMT

YES

FOR

4.10 Election of Directors by Nominee

MGMT

YES

FOR

4.20 Election of Directors by Nominee

MGMT

YES

FOR

5.00 Election of Directors by Nominee

MGMT

YES

FOR

6.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

7.00 Approve Directors’ Fees

MGMT

YES

FOR

8.00 Authorize Legal Formalities

MGMT

YES

ABSTAIN

AGAINST

Singapore Press Holdings

6133342

12/5/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

3.10 Election of Directors by Nominee

MGMT

YES

AGAINST

3.20 Election of Directors by Nominee

MGMT

YES

AGAINST

3.30 Election of Directors by Nominee

MGMT

YES

AGAINST

3.40 Election of Directors by Nominee

MGMT

YES

AGAINST

4.00 Election of Directors by Nominee

MGMT

YES

AGAINST

5.10 Election of Directors by Nominee

MGMT

YES

AGAINST

5.20 Election of Directors by Nominee

MGMT

YES

AGAINST

6.00 Approve Directors’ Fees

MGMT

YES

FOR

7.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

8.00 Authorize Legal Formalities

MGMT

YES

FOR

9.10 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

9.10 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

9.20 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

9.30 Authorize Share Repurchase

MGMT

YES

FOR

Singapore Press Holdings

5822588

5/7/2004

1.00 Approve Bonus Dividend/Bonus Share Issue

MGMT

YES

FOR

1.00 Approve Stock Split

MGMT

YES

FOR

1.00 Cancel Authorized Stock

MGMT

YES

FOR

1.00 Reduce Share Premium Account

MGMT

YES

FOR

Singapore Telecom

6292931

8/29/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

3.10 Election of Directors by Nominee

MGMT

YES

FOR

3.20�� Election of Directors by Nominee

MGMT

YES

FOR

4.10 Election of Directors by Nominee

MGMT

YES

FOR

4.20 Election of Directors by Nominee

MGMT

YES

FOR

4.30 Election of Directors by Nominee

MGMT

YES

FOR

5.00 Approve Directors’ Fees

MGMT

YES

FOR

6.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

8.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

Singapore Telecom

6292931

8/29/2003

1.00 Approve Bonus

MGMT

YES

FOR

2.00 Approve Bonus

MGMT

YES

FOR

3.00 Approve directors’ participation in share bonus sc

MGMT

YES

FOR

4.00 Authorize Share Repurchase

MGMT

YES

FOR

5.00 Amend Articles—Technical

MGMT

YES

FOR

6.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

SMC

6273

6763965

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 3.15

MGMT

YES

AGAINST

3.16 Elect Nominee No. 3.16

MGMT

YES

AGAINST

3.17 Elect Nominee No. 3.17

MGMT

YES

AGAINST

3.18 Elect Nominee No. 3.18

MGMT

YES

AGAINST

3.19 Elect Nominee No. 3.19

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

6.00 Appoint Auditors and Set Their Fees

MGMT

YES

ABSTAIN

AGAINST

Smith & Nephew

0922320

5/6/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 3.10p

MGMT

YES

FOR

3.00 Elect Warren D. Knowlton

MGMT

YES

FOR

4.00 Elect Sir Christopher J. O’Donnell

MGMT

YES

FOR

5.00 Elect Richard U. De Schutter

MGMT

YES

FOR

6.00 Elect Rolf W.H. Stomberg

MGMT

YES

FOR

7.00 Appoint Auditors and Set Their Fees

MGMT

YES

AGAINST

8.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

9.00 Approve Remuneration Policy

MGMT

YES

FOR

10.00 Approve Executive Profit Sharing/Bonus Plan

MGMT

YES

FOR

11.00 Approve Stock Option Plan

MGMT

YES

FOR

12.00 Approve Stock Purchase Plan/SAYE/AESOP

MGMT

YES

FOR

13.00 Approve Option/Purchase Plan - Overseas Employees

MGMT

YES

FOR

14.00 Establish Employee Share Trust

MGMT

YES

FOR

15.00 Amend Stock Option Plan

MGMT

YES

FOR

16.00 Amend Stock Option Plan

MGMT

YES

FOR

17.00 Amend Share Class Rights

MGMT

YES

FOR

18.00 Authorize Share Repurchase

MGMT

YES

FOR

19.00 Amend Articles - Treasury Shares

MGMT

YES

FOR

19.00 Amend Articles—Technical

MGMT

YES

FOR

19.00 Amend Share Class Rights

MGMT

YES

FOR

20.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

21.00 Approve Directors’ Fees

MGMT

YES

FOR

Smiths Group

0818270

11/11/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Set Final Dividend at 17.25 p

MGMT

YES

FOR

4.00 Elect Keith Butler-Wheelhouse

MGMT

YES

FOR

5.00 Elect John Ferrie

MGMT

YES

FOR

6.00 Elect Julian Horn-Smith

MGMT

YES

FOR

7.00 Appoint Outside Auditors

MGMT

YES

FOR

8.00 Set Auditors’ Fees

MGMT

YES

FOR

9.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

10.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

11.00 Authorize Share Repurchase

MGMT

YES

FOR

Sompo Japan Insurance Inc

8755

6986063

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

4.04 Elect Statutory Auditors

MGMT

YES

FOR

4.05 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Sony Corp

6758

0821687

6/22/2004

1.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

2.01 Elect Nominee No. 2.1

MGMT

YES

FOR

2.02 Elect Nominee No. 2.2

MGMT

YES

FOR

2.03 Elect Nominee No. 2.3

MGMT

YES

FOR

2.04 Elect Nominee No. 2.4

MGMT

YES

FOR

2.05 Elect Nominee No. 2.5

MGMT

YES

FOR

2.06 Elect Nominee No. 2.6

MGMT

YES

FOR

2.07 Elect Nominee No. 2.7

MGMT

YES

FOR

2.08 Elect Nominee No. 2.8

MGMT

YES

FOR

2.09 Elect Nominee No. 2.9

MGMT

YES

FOR

2.10 Elect Nominee No. 2.10

MGMT

YES

FOR

2.11 Elect Nominee No. 2.11

MGMT

YES

FOR

2.12 Elect Nominee No. 2.12

MGMT

YES

FOR

2.13 Elect Nominee No. 2.13

MGMT

YES

FOR

2.14 Elect Nominee No. 2.14

MGMT

YES

FOR

2.15 Elect Nominee No. 2.15

MGMT

YES

FOR

2.16 Elect Nominee No. 2.16

MGMT

YES

FOR

3.00 Approve Stock Option Grants

MGMT

YES

AGAINST

4.00 Approve Stock Option Grants

MGMT

YES

AGAINST

5.00 SP-Disclose Compensation of Each Board Member

YES

AGAINST

FOR

Standard Chartered

STAN

0408284

5/11/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 36.49p

MGMT

YES

FOR

3.00 Approve Remuneration Policy

MGMT

YES

FOR

4.00 Elect J.F.T. Dundas

MGMT

YES

FOR

5.00 Elect Ruth Markland

MGMT

YES

FOR

6.00 Elect Paul David Skinner

MGMT

YES

FOR

7.00 Elect Evan M. Davies

MGMT

YES

FOR

8.00 Elect Michael B. DeNoma

MGMT

YES

FOR

9.00 Elect Rudy H.P. Markham

MGMT

YES

FOR

10.00 Elect Hugh Edward Norton

MGMT

YES

FOR

11.00 Appoint Outside Auditors

MGMT

YES

FOR

12.00 Set Auditors’ Fees

MGMT

YES

FOR

13.00 Issue Stock w/ or w/o Preemptive Rights

MGMT

YES

AGAINST

13.00 Issue Stock w/ Preemptive Rights

MGMT

YES

AGAINST

14.00 Reissuance of Shares/Treasury Stock

MGMT

YES

AGAINST

15.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

16.00 Authorize Share Repurchase

MGMT

YES

FOR

17.00 Authorize Share Repurchase

MGMT

YES

FOR

18.00 Amend Stock Purchase Plan/SAYE/AESOP

MGMT

YES

AGAINST

19.00 Approve Stock Purchase Plan/SAYE/AESOP

MGMT

YES

AGAINST

Sumitomo Chemical

4005

6858560

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Relocate Corporate Headquarters

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

4.00 Approve Bonus

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

Sumitomo Forestry

1911

6858861

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Relocate Corporate Headquarters

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Sumitomo Mitsui Financial Group

8316

6563024

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Sun Hung Kai Properties

6859927

11/18/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Dividend/Allocate Profits

MGMT

YES

FOR

3.00 Approve Directors’ Fees

MGMT

YES

FOR

3.00 Election of Directors by Slate

MGMT

YES

FOR

4.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

5.00 Authorize Share Repurchase

MGMT

YES

FOR

6.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

7.00 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

Suncor Energy

2985268

4/29/2004

1.01 Elect Mel E. Benson

MGMT

YES

FOR

1.02 Elect Brian Canfield

MGMT

YES

FOR

1.03 Elect Susan E. Crocker

MGMT

YES

FOR

1.04 Elect Bryan P. Davies

MGMT

YES

FOR

1.05 Elect Brian A. Felesky

MGMT

YES

FOR

1.06 Elect John T. Ferguson

MGMT

YES

FOR

1.07 Elect W. Douglas Ford

MGMT

YES

FOR

1.08 Elect Richard L. George

MGMT

YES

FOR

1.09 Elect John R. Huff

MGMT

YES

AGAINST

1.10 Elect Robert W. Korthals

MGMT

YES

FOR

1.11 Elect M. Ann McCaig

MGMT

YES

FOR

1.12 Elect Michael W. O’Brien

MGMT

YES

FOR

1.13 Elect JR Shaw

MGMT

YES

FOR

2.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

3.00 SP-Oppose/Change Executive Pay

YES

FOR

AGAINST

Suzuki Motor Corp

7269

6865504

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 3.15

MGMT

YES

AGAINST

3.16 Elect Nominee No. 3.16

MGMT

YES

AGAINST

3.17 Elect Nominee No. 3.17

MGMT

YES

AGAINST

3.18 Elect Nominee No. 3.18

MGMT

YES

AGAINST

3.19 Elect Nominee No. 3.19

MGMT

YES

AGAINST

3.20 Elect Nominee No. 3.20

MGMT

YES

AGAINST

3.21 Elect Nominee No. 3.21

MGMT

YES

AGAINST

3.22 Elect Nominee No. 3.22

MGMT

YES

AGAINST

3.23 Elect Nominee No. 3.23

MGMT

YES

AGAINST

3.24 Elect Nominee No. 3.24

MGMT

YES

AGAINST

3.25 Elect Nominee No. 3.25

MGMT

YES

AGAINST

3.26 Elect Nominee No. 3.26

MGMT

YES

AGAINST

3.27 Elect Nominee No. 3.27

MGMT

YES

AGAINST

3.28 Elect Nominee No. 3.28

MGMT

YES

AGAINST

3.29 Elect Nominee No. 3.29

MGMT

YES

AGAINST

3.30 Elect Nominee No. 3.30

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

4.04 Elect Statutory Auditors

MGMT

YES

FOR

4.05 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Swire Pacific

6867748

5/13/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.01 Elect Peter Johansen

MGMT

YES

AGAINST

2.02 Elect Adrian Swire

MGMT

YES

AGAINST

3.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

4.00 Authorize Share Repurchase

MGMT

YES

FOR

5.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

6.00 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

7.00 Amend Articles—Technical

MGMT

YES

FOR

7.00 Amend Board Election Rules

MGMT

YES

FOR

7.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

FOR

7.00 Amend Meeting Procedures/Change Date

MGMT

YES

FOR

Taiwan Semiconductor Manufacturing

6889106

5/11/2004

1.01 Approve Financial Statements

MGMT

YES

FOR

1.02 Set Final Dividend at 0.60

MGMT

YES

FOR

1.03 Approve Bonus Dividend/Bonus Share Issue

MGMT

YES

AGAINST

1.03 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

Takeda Chemical Industries

4502

6870445

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Change Company Name

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Telefonica

5720972

4/29/2004

1.00 Approve Financial Statements

MGMT

YES

AGAINST

2.00 Set Final Dividend at 0.40

MGMT

YES

FOR

3.00 Appoint Outside Auditors

MGMT

YES

FOR

4.00 Authorize Trade in Company Stock

MGMT

YES

FOR

5.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

FOR

6.00 Authorize Legal Formalities

MGMT

YES

FOR

Thomson Corp

TOC

2126067

5/5/2004

1.01 Elect David K.R. Thomson

MGMT

YES

FOR

1.02 Elect W. Geoffrey Beattie

MGMT

YES

FOR

1.03 Elect Richard J. Harrington

MGMT

YES

FOR

1.04 Elect Ron D. Barbaro

MGMT

YES

FOR

1.05 Elect W. Geoffrey Beattie

MGMT

YES

FOR

1.06 Elect Steven A. Denning

MGMT

YES

FOR

1.07 Elect John F. Fraser

MGMT

YES

FOR

1.08 Elect V. Maureen Kempston Darkes

MGMT

YES

FOR

1.09 Elect Roger L. Martin

MGMT

YES

FOR

1.10 Elect Vance K. Opperman

MGMT

YES

FOR

1.11 Elect David H. Shaffer

MGMT

YES

FOR

1.12 Elect John M. Thompson

MGMT

YES

FOR

1.13 Elect Kenneth Thomson

MGMT

YES

FOR

1.14 Elect Peter J. Thomson

MGMT

YES

FOR

1.15 Elect Richard M. Thomson

MGMT

YES

FOR

1.16 Elect John A. Tory

MGMT

YES

FOR

2.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

Tokyo Electron

5791707

6/22/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

6.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

7.00 Approve Directors’ Fees

MGMT

YES

FOR

8.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Toray Industries

5758650

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 3.15

MGMT

YES

AGAINST

3.16 Elect Nominee No. 3.16

MGMT

YES

AGAINST

3.17 Elect Nominee No. 3.17

MGMT

YES

AGAINST

3.18 Elect Nominee No. 3.18

MGMT

YES

AGAINST

3.19 Elect Nominee No. 3.19

MGMT

YES

AGAINST

3.20 Elect Nominee No. 3.20

MGMT

YES

AGAINST

3.21 Elect Nominee No. 3.21

MGMT

YES

AGAINST

3.22 Elect Nominee No. 3.22

MGMT

YES

AGAINST

3.23 Elect Nominee No. 3.23

MGMT

YES

AGAINST

3.24 Elect Nominee No. 3.24

MGMT

YES

AGAINST

3.25 Elect Nominee No. 3.25

MGMT

YES

AGAINST

3.26 Elect Nominee No. 3.26

MGMT

YES

AGAINST

3.27 Elect Nominee No. 3.27

MGMT

YES

AGAINST

3.28 Elect Nominee No. 3.28

MGMT

YES

AGAINST

3.29 Elect Nominee No. 3.29

MGMT

YES

AGAINST

3.30 Elect Nominee No. 3.30

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

Toyota Motor Corp

7203

6900643

6/23/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 3.15

MGMT

YES

AGAINST

3.16 Elect Nominee No. 3.16

MGMT

YES

AGAINST

3.17 Elect Nominee No. 3.17

MGMT

YES

AGAINST

3.18 Elect Nominee No. 3.18

MGMT

YES

AGAINST

3.19 Elect Nominee No. 3.19

MGMT

YES

AGAINST

3.20 Elect Nominee No. 3.20

MGMT

YES

AGAINST

3.21 Elect Nominee No. 3.21

MGMT

YES

AGAINST

3.22 Elect Nominee No. 3.22

MGMT

YES

AGAINST

3.23 Elect Nominee No. 3.23

MGMT

YES

AGAINST

3.24 Elect Nominee No. 3.24

MGMT

YES

AGAINST

3.25 Elect Nominee No. 3.25

MGMT

YES

AGAINST

3.26 Elect Nominee No. 3.26

MGMT

YES

AGAINST

3.27 Elect Nominee No. 3.27

MGMT

YES

AGAINST

4.00 Approve Stock Option Grants

MGMT

YES

AGAINST

5.00 Authorize Share Repurchase

MGMT

YES

FOR

6.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

7.00 SP-Increase Dividend

YES

ABSTAIN

AGAINST

8.00 SP-Disclose Compensation of Each Board Member

YES

ABSTAIN

AGAINST

9.00 SP-Ban Political Contributions

YES

ABSTAIN

AGAINST

UFJ Holdings

8307

6335223

6/25/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

Uni-Charm

8113

6911485

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Amend Company Purpose

MGMT

YES

AGAINST

2.00 Relocate Corporate Headquarters

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

4.04 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

6.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Unilever plc

0574873

5/12/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Set Final Dividend at 11.92p

MGMT

YES

FOR

4.00 Elect Niall W.A. FitzGerald

MGMT

YES

AGAINST

5.00 Elect Antony Burgmans

MGMT

YES

AGAINST

6.00 Elect A. Clive Butler

MGMT

YES

AGAINST

7.00 Elect Patrick Cescau

MGMT

YES

AGAINST

8.00 Elect Keki B. Dadiseth

MGMT

YES

AGAINST

9.00 Elect Andre Rene baron van Heemstra

MGMT

YES

AGAINST

10.00 Elect Rudy H.P. Markham

MGMT

YES

AGAINST

11.00 Elect C.J. van der Graaf

MGMT

YES

AGAINST

12.00 Elect Rt. Honorable Lord Brittan of Spennithorne

MGMT

YES

AGAINST

13.00 Elect Baroness Chalker of Wallasey

MGMT

YES

AGAINST

14.00 Elect Bertrand P. Collomb

MGMT

YES

AGAINST

15.00 Elect Wim Dik

MGMT

YES

AGAINST

16.00 Elect Oscar Fanjul

MGMT

YES

AGAINST

17.00 Elect Claudio X. Gonzalez Laporte

MGMT

YES

AGAINST

18.00 Elect Hilmar Kopper

MGMT

YES

AGAINST

19.00 Elect Lord Simon of Highbury

MGMT

YES

AGAINST

20.00 Elect Jaroen Van Der Veer

MGMT

YES

AGAINST

21.00 Appoint Outside Auditors

MGMT

YES

FOR

22.00 Set Auditors’ Fees

MGMT

YES

FOR

23.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

24.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

25.00 Authorize Share Repurchase

MGMT

YES

FOR

26.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

FOR

26.00 Approve Directors’ Fees

MGMT

YES

FOR

27.00 Amend Articles to Allow Use of Treasury Stock

MGMT

YES

AGAINST

27.00 Amend Articles—Technical

MGMT

YES

AGAINST

Venture Corporation

5430141

4/30/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 6.25

MGMT

YES

FOR

3.00 Elect Soo Eng Hiong

MGMT

YES

AGAINST

4.00 Elect Goh Geok Ling

MGMT

YES

AGAINST

5.00 Elect Goon Kok Loon

MGMT

YES

AGAINST

6.00 Elect Cecil Vivian Richard Wong

MGMT

YES

AGAINST

7.00 Approve Directors’ Fees

MGMT

YES

FOR

8.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

9.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

10.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

Venture Corporation

5430141

4/30/2004

1.00 Amend Articles on Stock Issues

MGMT

YES

AGAINST

1.00 Amend Articles—Technical

MGMT

YES

AGAINST

1.00 Amend Board Election Rules

MGMT

YES

AGAINST

2.00 Issue Stock w/ Preemptive Rights

MGMT

YES

AGAINST

2.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGAINST

3.00 Approve Stock Option Plan

MGMT

YES

AGAINST

Vodafone Group

0719210

7/30/2003

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Elect Lord Ian MacLaurin of Knebworth

MGMT

YES

FOR

4.00 Elect Kenneth Hydon

MGMT

YES

FOR

5.00 Elect Thomas Geitner

MGMT

YES

FOR

6.00 Elect Sir Alec Broers

MGMT

YES

FOR

7.00 Elect Jurgen Schrempp

MGMT

YES

FOR

8.00 Elect John Buchanan

MGMT

YES

FOR

9.00 Set Final Dividend at 0.8963 p

MGMT

YES

FOR

10.00 Appoint Outside Auditors

MGMT

YES

FOR

11.00 Set Auditors’ Fees

MGMT

YES

FOR

12.00 Approve Political Donation

MGMT

YES

FOR

13.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

14.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

15.00 Authorize Share Repurchase

MGMT

YES

FOR

Vodafone Holdings KK

9434

6475497

6/29/2004

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect Nominee No. 2.1

MGMT

YES

AGAINST

2.02 Elect Nominee No. 2.2

MGMT

YES

AGAINST

2.03 Elect Nominee No. 2.3

MGMT

YES

AGAINST

2.04 Elect Nominee No. 2.4

MGMT

YES

AGAINST

2.05 Elect Nominee No. 2.5

MGMT

YES

AGAINST

2.06 Elect Nominee No. 2.6

MGMT

YES

AGAINST

2.07 Elect Nominee No. 2.7

MGMT

YES

AGAINST

2.08 Elect Nominee No. 2.8

MGMT

YES

AGAINST

2.09 Elect Nominee No. 2.9

MGMT

YES

AGAINST

2.10 Elect Nominee No. 2.10

MGMT

YES

AGAINST

Wesfarmers

6948803

12/5/2003

1.00 Approve Return of Capital

MGMT

YES

FOR

WMC Resources

6571469

4/6/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.01 Elect Peter J. Knight

MGMT

YES

FOR

2.02 Elect Ian E. Webber

MGMT

YES

FOR

2.03 Elect Graeme W. McGregor

MGMT

YES

FOR

2.04 Elect G. John Pizzey

MGMT

YES

FOR

Xstrata

3141100

5/6/2004

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 13.30p

MGMT

YES

FOR

3.00 Approve Remuneration Policy

MGMT

YES

FOR

4.00 Elect Michael Davis

MGMT

YES

FOR

5.00 Elect David Issroff

MGMT

YES

FOR

6.00 Elect Sir Steve Robson

MGMT

YES

FOR

7.00 Elect David Rough

MGMT

YES

FOR

8.00 Appoint Auditors and Set Their Fees

MGMT

YES

AGAINST

9.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

10.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

Yahoo Japan

4689

6084848

6/17/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Amend Company Purpose

MGMT

YES

AGAINST

2.00 Increase Authorized Capital

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

AGAINST

Yamanouchi Pharmaceutical Co Ltd

4503

6985383

6/24/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.00 Approve Merger/Acquisition

MGMT

YES

AGAINST

3.00 Increase Authorized Capital

MGMT

YES

AGAINST

4.01 Elect Nominee No. 4.1

MGMT

YES

AGAINST

4.02 Elect Nominee No. 4.2

MGMT

YES

AGAINST

4.03 Elect Nominee No. 4.3

MGMT

YES

AGAINST

5.01 Elect Statutory Auditors

MGMT

YES

FOR

5.02 Elect Statutory Auditors

MGMT

YES

FOR

6.00 Approve Stock Option Grants

MGMT

YES

AGAINST

7.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

Yamato Transport

9064

6985565

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Set Board/Supervisory Board Size Limits

MGMT

YES

AGAINST

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Bonus

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

5.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Account Number 3: NCF-Seneca Large

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote

For/Agnst
Mgmt

3M Co

MMM

88579Y101

5/11/2004

1.01 Elect Edward A. Brennan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael L. Eskew

MGMT

YES

W’HOLD

AGAINST

1.03 Elect W. James McNerney Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Kevin W. Sharer

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

4.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Abbott Laboratories

ABT

002824100

4/23/2004

1.01 Elect Roxanne S. Austin

MGMT

YES

W’HOLD

AGAINST

1.02 Elect H. Laurance Fuller

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard A. Gonzalez

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jack M. Greenberg

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Jeffrey M. Leiden

MGMT

YES

W’HOLD

AGAINST

1.06 Elect David Owen

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Boone Powell Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Addison Barry Rand

MGMT

YES

W’HOLD

AGAINST

1.09 Elect W. Ann Reynolds

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Roy S. Roberts

MGMT

YES

W’HOLD

AGAINST

1.11 Elect William D. Smithburg

MGMT

YES

W’HOLD

AGAINST

1.12 Elect John R. Walter

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Miles D. White

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Drug Pricing or Distribution

YES

FOR

AGAINST

4.00 SP-Review Political Spending

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

AGAINST

American Express

AXP

025816109

4/26/2004

1.01 Elect Daniel F. Akerson

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charlene Barshefsky

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William G. Bowen

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Ursula M. Burns

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Kenneth I. Chenault

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Peter R. Dolan

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Vernon E. Jordan Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Jan Leschly

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Richard A. McGinn

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Edward D. Miller

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Frank P. Popoff

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Robert D. Walter

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 SP-Director Tenure/Retirement Age

YES

AGAINST

FOR

4.00 SP-Review Political Spending

YES

FOR

AGAINST

American International Group

AIG

026874107

5/19/2004

1.01 Elect M. Bernard Aidinoff

MGMT

YES

FOR

1.02 Elect Pei-Yuan Chia

MGMT

YES

FOR

1.03 Elect Marshall A. Cohen

MGMT

YES

FOR

1.04 Elect William S. Cohen

MGMT

YES

FOR

1.05 Elect Martin S. Feldstein

MGMT

YES

FOR

1.06 Elect Ellen V. Futter

MGMT

YES

FOR

1.07 Elect Maurice R. Greenberg

MGMT

YES

FOR

1.08 Elect Carla A. Hills

MGMT

YES

FOR

1.09 Elect Frank J. Hoenemeyer

MGMT

YES

FOR

1.10 Elect Richard C. Holbrooke

MGMT

YES

FOR

1.11 Elect Donald P. Kanak

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Howard I. Smith

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Martin J. Sullivan

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Edmund S.W. Tse

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Frank G. Zarb

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review Political Spending

YES

FOR

AGAINST

6.00 SP-Sever Links with Tobacco Industry

YES

FOR

AGAINST

7.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

Amgen Inc

AMGN

031162100

5/13/2004

1.01 Elect Frank J. Biondi Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Jerry D. Choate

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Frank C. Herringer

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Gilbert S. Omenn

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Report on EEO

YES

FOR

AGAINST

4.00 SP-Expense Stock Options

YES

FOR

AGAINST

Anthem Inc

ATH

03674B104

5/17/2004

1.01 Elect Victor S. Liss

MGMT

YES

W’HOLD

AGAINST

1.02 Elect James W. McDowell, Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect George A. Schaefer Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jackie M. Ward

MGMT

YES

W’HOLD

AGAINST

Applied Materials

AMAT

038222105

3/24/2004

1.01 Elect Michael H. Armacost

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Deborah A. Coleman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Herbert M. Dwight Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Philip V. Gerdine

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Paul R. Low

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Dan Maydan

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Steven L. Miller

MGMT

YES

W’HOLD

AGAINST

1.08 Elect James C. Morgan

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Gerhard Parker

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Michael R. Splinter

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

2.00 Amend Director Stock Option Plan

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

Baker Hughes

BHI

057224107

4/28/2004

1.01 Elect Edward P. Djerejian

MGMT

YES

FOR

1.02 Elect H. John Riley Jr.

MGMT

YES

FOR

1.03 Elect Charles L. Watson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

4.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

Biogen Idec Inc

BIIB

09062X103

6/16/2004

1.01 Elect Alan Belzer

MGMT

YES

FOR

1.02 Elect Mary L. Good

MGMT

YES

FOR

1.03 Elect James C. Mullen

MGMT

YES

FOR

1.04 Elect Bruce R. Ross

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Boston Scientific

BSX

101137107

10/6/2003

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

Boston Scientific Corp

BSX

101137107

5/11/2004

1.01 Elect Ursula M. Burns

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Marye Anne Fox

MGMT

YES

W’HOLD

AGAINST

1.03 Elect N. J. Nicholas, Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect John E. Pepper, Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Caremark Rx

CMX

141705103

5/4/2004

1.01 Elect Edwin M. Banks

MGMT

YES

FOR

1.02 Elect Colleen Conway-Welch

MGMT

YES

FOR

1.03 Elect Roger L. Headrick

MGMT

YES

FOR

1.04 Elect Jean-Pierre Millon

MGMT

YES

FOR

Caterpillar

CAT

149123101

4/14/2004

1.01 Elect John T. Dillon

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Juan Gallardo

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William A. Osborn

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Gordon R. Parker

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Edward B. Rust Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

5.00 SP-Review Operations’ Impact on Local Groups

YES

FOR

AGAINST

6.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

AGAINST

Cisco Systems

CSCO

17275R102

11/11/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 SP-Misc. Human/Political Rights Proposal

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Citigroup

172967101

4/20/2004

1.01 Elect C. Michael Armstrong

MGMT

YES

FOR

1.02 Elect Alain J.P. Belda

MGMT

YES

FOR

1.03 Elect George David

MGMT

YES

FOR

1.04 Elect Kenneth T. Derr

MGMT

YES

FOR

1.05 Elect John M. Deutch

MGMT

YES

FOR

1.06 Elect Roberto H. Ramirez

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Ann Dibble Jordan

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Dudley C. Mecum II

MGMT

YES

FOR

1.09 Elect Richard D. Parsons

MGMT

YES

FOR

1.10 Elect Andrall E. Pearson

MGMT

YES

FOR

1.11 Elect Charles Prince

MGMT

YES

FOR

1.12 Elect Robert E. Rubin

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Franklin A. Thomas

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Sanford I. Weill

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Robert B. Willumstad

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

4.00 SP-Review Political Spending

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Coca-Cola

191216100

4/21/2004

1.01 Elect Herbert A. Allen

MGMT

YES

FOR

1.02 Elect Ronald W. Allen

MGMT

YES

FOR

1.03 Elect Cathleen P. Black

MGMT

YES

FOR

1.04 Elect Warren E. Buffett

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Douglas N. Daft

MGMT

YES

FOR

1.06 Elect Barry Diller

MGMT

YES

FOR

1.07 Elect Donald R. Keough

MGMT

YES

FOR

1.08 Elect Susan B. King

MGMT

YES

FOR

1.09 Elect Maria Elena Lagomasino

MGMT

YES

FOR

1.10 Elect Donald F. McHenry

MGMT

YES

FOR

1.11 Elect Robert L. Nardelli

MGMT

YES

FOR

1.12 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.13 Elect J. Pedro Reinhard

MGMT

YES

FOR

1.14 Elect James D. Robinson III

MGMT

YES

FOR

1.15 Elect Peter V. Ueberroth

MGMT

YES

FOR

1.16 Elect James B. Williams

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

4.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

7.00 SP-Shareholder Approval of Deferred Plan

YES

FOR

AGAINST

8.00 SP-China—Adopt Code of Conduct

YES

FOR

AGAINST

9.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Deere

244199105

2/25/2004

1.01 Elect Robert W. Lane

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Antonio Madero

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Aulana L. Peters

MGMT

YES

W’HOLD

AGAINST

1.04 Elect John R. Walter

MGMT

YES

W’HOLD

AGAINST

Dow Chemical

DOW

260543103

5/13/2004

1.01 Elect Arnold A. Allemang

MGMT

YES

W’HOLD

AGAINST

1.02 Elect John C. Danforth

MGMT

YES

FOR

1.03 Elect Jeff M. Fettig

MGMT

YES

FOR

1.04 Elect Andrew N. Liveris

MGMT

YES

W’HOLD

AGAINST

1.05 Elect James M. Ringler

MGMT

YES

FOR

1.06 Elect William S. Stavropoulos

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Report on Environmental Impact or Plans

YES

FOR

AGAINST

EMC

268648102

5/5/2004

1.01 Elect John R. Egan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael C. Ruettgers

MGMT

YES

W’HOLD

AGAINST

1.03 Elect David N. Strohm

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

First Data Corp

FDC

319963104

5/19/2004

1.01 Elect Henry C. Duques

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles T. Fote

MGMT

YES

FOR

1.03 Elect Richard P. Kiphart

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Joan E. Spero

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

General Electric

369604103

4/28/2004

1.01 Elect James I. Cash Jr.

MGMT

YES

FOR

1.02 Elect Dennis D. Dammerman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Ann M. Fudge

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Claudio X. Gonzalez Laporte

MGMT

YES

FOR

1.05 Elect Jeffrey R. Immelt

MGMT

YES

FOR

1.06 Elect Andrea Jung

MGMT

YES

FOR

1.07 Elect Alan G. Lafley

MGMT

YES

FOR

1.08 Elect Kenneth G. Langone

MGMT

YES

FOR

1.09 Elect Ralph S. Larsen

MGMT

YES

FOR

1.10 Elect Rochelle B. Lazarus

MGMT

YES

FOR

1.11 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.12 Elect Roger S. Penske

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Robert J. Swieringa

MGMT

YES

FOR

1.14 Elect Douglas A. Warner III

MGMT

YES

FOR

1.15 Elect Robert C. Wright

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Long-term Bonus Plan

MGMT

YES

FOR

4.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

5.00 SP-Review or Promote Animal Welfare

YES

FOR

AGAINST

6.00 SP-Review Nuclear Facility/Waste

YES

FOR

AGAINST

7.00 SP-Report on Environmental Impact or Plans

YES

FOR

AGAINST

8.00 SP-Report on Risk to Image of Globalization Strate

YES

FOR

AGAINST

9.00 SP-Report on Sustainability

YES

FOR

AGAINST

10.00 SP-Increase Comp Committee Independence

YES

FOR

AGAINST

11.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

12.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

13.00 SP-Limit Number of Directorships

YES

FOR

AGAINST

14.00 SP-Independent Board Chairman

YES

FOR

AGAINST

15.00 SP-Study Sale or Spin-off

YES

AGAINST

FOR

16.00 SP-Require Option Shares to Be Held

YES

FOR

AGAINST

17.00 SP-Increase Board Independence

YES

FOR

AGAINST

18.00 SP-Review Political Spending

YES

FOR

AGAINST

General Mills

GIS

370334104

9/22/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

Goldman Sachs Group

38141G104

3/31/2004

1.01 Elect John P. Browne of Madingley

MGMT

YES

FOR

1.02 Elect Claes Dahlback

MGMT

YES

FOR

1.03 Elect James A. Johnson

MGMT

YES

FOR

1.04 Elect Lois D. Juliber

MGMT

YES

FOR

1.05 Elect Lloyd C. Blankfein

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

Hewlett-Packard

HPQ

428236103

3/17/2004

1.01 Elect Lawrence T. Babbio Jr.

MGMT

YES

FOR

1.02 Elect Patricia C. Dunn

MGMT

YES

FOR

1.03 Elect Carleton S. Fiorina

MGMT

YES

FOR

1.04 Elect Richard A. Hackborn

MGMT

YES

FOR

1.05 Elect George A. Keyworth II

MGMT

YES

FOR

1.06 Elect Robert E. Knowling Jr.

MGMT

YES

FOR

1.07 Elect Sanford M. Litvack

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Robert L. Ryan

MGMT

YES

FOR

1.09 Elect Lucille S. Salhany

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Expense Stock Options

YES

FOR

AGAINST

Intel Corp

INTC

458140100

5/19/2004

1.01 Elect Craig R. Barrett

MGMT

YES

FOR

1.02 Elect Charlene Barshefsky

MGMT

YES

W’HOLD

AGAINST

1.03 Elect E. John P. Browne

MGMT

YES

FOR

1.04 Elect Andrew S. Grove

MGMT

YES

W’HOLD

AGAINST

1.05 Elect D. James Guzy

MGMT

YES

FOR

1.06 Elect Reed E. Hundt

MGMT

YES

FOR

1.07 Elect Paul S. Otellini

MGMT

YES

W’HOLD

AGAINST

1.08 Elect David S. Pottruck

MGMT

YES

FOR

1.09 Elect Jane E. Shaw

MGMT

YES

FOR

1.10 Elect John L. Thornton

MGMT

YES

FOR

1.11 Elect David B. Yoffie

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Expense Stock Options

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Award Performance-based Stock Options

YES

FOR

AGAINST

International Business Machines

IBM

459200101

4/27/2004

1.01 Elect Cathleen P. Black

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Kenneth I. Chenault

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Carlos Ghosn

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Nannerl O. Keohane

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Charles F. Knight

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Lucio A. Noto

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Samuel J. Palmisano

MGMT

YES

W’HOLD

AGAINST

1.08 Elect John B. Slaughter

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Joan E. Spero

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Sidney Taurel

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Charles M. Vest

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Lorenzo H. Zambrano

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Ratify Auditors for Business Unit

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

6.00 SP-Provide Pension Choices

YES

FOR

AGAINST

7.00 SP-Pension Fund Surplus

YES

AGAINST

FOR

8.00 SP-Expense Stock Options

YES

FOR

AGAINST

9.00 SP-Disclose Executive Compensation

YES

��

FOR

AGAINST

10.00 SP-China—Adopt Code of Conduct

YES

FOR

AGAINST

11.00 SP-Review Political Spending

YES

FOR

AGAINST

12.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

J P Morgan Chase & Co

JPM

46625H100

5/25/2004

1.00 Approve Common Stock Issuance

MGMT

YES

ABSTAIN

AGAINST

1.00 Approve Merger/Acquisition

MGMT

YES

ABSTAIN

AGAINST

2.01 Elect Hans W. Becherer

MGMT

YES

W’HOLD

AGAINST

2.02 Elect Frank A. Bennack Jr.

MGMT

YES

W’HOLD

AGAINST

2.03 Elect John H. Biggs

MGMT

YES

W’HOLD

AGAINST

2.04 Elect Lawrence A. Bossidy

MGMT

YES

W’HOLD

AGAINST

2.05 Elect Ellen V. Futter

MGMT

YES

W’HOLD

AGAINST

2.06 Elect William H. Gray III

MGMT

YES

W’HOLD

AGAINST

2.07 Elect William B. Harrison Jr.

MGMT

YES

W’HOLD

AGAINST

2.08 Elect Helene L. Kaplan

MGMT

YES

W’HOLD

AGAINST

2.09 Elect Lee R. Raymond

MGMT

YES

W’HOLD

AGAINST

2.10 Elect John R. Stafford

MGMT

YES

W’HOLD

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 Adjourn Meeting

MGMT

YES

AGAINST

6.00 SP-Director Tenure/Retirement Age

YES

ABSTAIN

AGAINST

7.00 SP-Limit or End Charitable Giving

YES

AGAINST

FOR

8.00 SP-Review Political Spending

YES

FOR

AGAINST

9.00 SP-Independent Board Chairman

YES

FOR

AGAINST

10.00 SP-Failure to Disclose Derivatives

YES

ABSTAIN

AGAINST

11.00 SP-Limit Consulting by Auditors

YES

FOR

AGAINST

12.00 SP-Restrict Director Compensation

YES

FOR

AGAINST

13.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

Johnson & Johnson

JNJ

478160104

4/22/2004

1.01 Elect Gerard N. Burrow

MGMT

YES

FOR

1.02 Elect Mary S. Coleman

MGMT

YES

FOR

1.03 Elect James G. Cullen

MGMT

YES

FOR

1.04 Elect Robert J. Darretta

MGMT

YES

FOR

1.05 Elect M. Judah Folkman

MGMT

YES

FOR

1.06 Elect Ann Dibble Jordan

MGMT

YES

FOR

1.07 Elect Arnold G. Langbo

MGMT

YES

FOR

1.08 Elect Susan L. Lindquist

MGMT

YES

FOR

1.09 Elect Leo F. Mullin

MGMT

YES

FOR

1.10 Elect Steven S. Reinemund

MGMT

YES

FOR

1.11 Elect David Satcher

MGMT

YES

FOR

1.12 Elect Henry B. Schacht

MGMT

YES

FOR

1.13 Elect William C. Weldon

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Limit or End Charitable Giving

YES

AGAINST

FOR

Lowe’s Companies Inc

LOW

548661107

5/28/2004

1.01 Elect Leonard L. Berry

MGMT

YES

FOR

1.02 Elect Paul Fulton

MGMT

YES

FOR

1.03 Elect Dawn E. Hudson

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Marshall O. Larsen

MGMT

YES

FOR

1.05 Elect Robert A. Niblock

MGMT

YES

FOR

1.06 Elect Stephen F. Page

MGMT

YES

FOR

1.07 Elect O. Temple Sloan Jr.

MGMT

YES

FOR

1.08 Elect Robert L. Tillman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Medtronic

MDT

585055106

8/28/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Microsoft

MSFT

594918104

11/11/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Director Stock Option Plan

MGMT

YES

FOR

4.00 SP-Limit or End Charitable Giving

YES

AGAINST

FOR

Motorola

MOT

620076109

5/3/2004

1.01 Elect Edward J. Zander

MGMT

YES

W’HOLD

AGAINST

1.02 Elect H. Laurance Fuller

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Judy C. Lewent

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Walter E. Massey

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Nicholas Negroponte

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Indra K. Nooyi

MGMT

YES

W’HOLD

AGAINST

1.07 Elect John E. Pepper Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Samuel C. Scott III

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Douglas A. Warner III

MGMT

YES

W’HOLD

AGAINST

1.10 Elect John A. White

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Mike S. Zafirovski

MGMT

YES

W’HOLD

AGAINST

2.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Nokia

NOK

2640891

3/25/2004

1.01 Approve Financial Statements

MGMT

YES

FOR

1.02 Set Dividend/Allocate Profits

MGMT

YES

FOR

1.03 Ratify Board Acts-Legal

MGMT

YES

AGAINST

1.03 Ratify Management Acts-Legal

MGMT

YES

AGAINST

1.04 Approve Directors’ Fees

MGMT

YES

AGAINST

1.05 Election of Directors by Slate

MGMT

YES

AGAINST

1.06 Set Auditors’ Fees

MGMT

YES

FOR

1.07 Appoint Outside Auditors

MGMT

YES

FOR

2.00 Cancel Authorized Stock

MGMT

YES

FOR

2.00 Reduce Authorized Capital

MGMT

YES

FOR

3.00 Increase Authorized Capital

MGMT

YES

FOR

3.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

4.00 Authorize Share Repurchase

MGMT

YES

FOR

5.00 Authorize Trade in Company Stock

MGMT

YES

FOR

6.00 Authorize Charitable Donations

MGMT

YES

FOR

Pfizer

PFE

717081103

4/22/2004

1.01 Elect Michael S. Brown

MGMT

YES

W’HOLD

AGAINST

1.02 Elect M. Anthony Burns

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert N. Burt

MGMT

YES

W’HOLD

AGAINST

1.04 Elect W. Don Cornwell

MGMT

YES

W’HOLD

AGAINST

1.05 Elect William H. Gray III

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Constance J. Horner

MGMT

YES

W’HOLD

AGAINST

1.07 Elect William R. Howell

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Stanley O. Ikenberry

MGMT

YES

W’HOLD

AGAINST

1.09 Elect George A. Lorch

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Henry A. McKinnell Jr.

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Dana G. Mead

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Franklin D. Raines

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Ruth J. Simmons

MGMT

YES

W’HOLD

AGAINST

1.14 Elect William C. Steere Jr.

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Jean-Paul Valles

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

AGAINST

5.00 SP-Limit or End Political Spending

YES

AGAINST

FOR

6.00 SP-Review Political Spending

YES

FOR

AGAINST

7.00 SP-Director Tenure/Retirement Age

YES

AGAINST

FOR

8.00 SP-Review Drug Pricing or Distribution

YES

FOR

AGAINST

9.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

10.00 SP-Review or Promote Animal Welfare

YES

FOR

AGAINST

Target Corp

TGT

87612E106

5/19/2004

1.01 Elect Calvin Darden

MGMT

YES

FOR

1.02 Elect Michele J. Hooper

MGMT

YES

FOR

1.03 Elect Anne M. Mulcahy

MGMT

YES

FOR

1.04 Elect Stephen W. Sanger

MGMT

YES

FOR

1.05 Elect Warren R. Staley

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Xilinx

XLNX

983919101

8/7/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Wal-Mart Stores

WMT

931142103

6/4/2004

1.01 Elect James W. Breyer

MGMT

YES

FOR

1.02 Elect M. Michele Burns

MGMT

YES

FOR

1.03 Elect Thomas M. Coughlin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect David D. Glass

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Roland A. Hernandez

MGMT

YES

FOR

1.06 Elect Dawn G. Lepore

MGMT

YES

FOR

1.07 Elect John D. Opie

MGMT

YES

FOR

1.08 Elect J. Paul Reason

MGMT

YES

FOR

1.09 Elect H. Lee Scott Jr.

MGMT

YES

FOR

1.10 Elect Jack C. Shewmaker

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Jose H. Villarreal

MGMT

YES

FOR

1.12 Elect John T. Walton

MGMT

YES

W’HOLD

AGAINST

1.13 Elect S. Robson Walton

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Christopher J. Williams

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

AGAINST

4.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

6.00 SP-Independent Board Chairman

YES

FOR

AGAINST

7.00 SP-Report on Sustainability

YES

FOR

AGAINST

8.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

9.00 SP-Review or Curb Bioengineering

YES

FOR

AGAINST

10.00 SP-Report on EEO

YES

FOR

AGAINST

11.00 SP-Approve Extra Benefits Under Serps

YES

FOR

AGAINST

Zimmer Holdings

ZMH

98956P102

7/22/2003

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Account Number 4: NCF-Wellington

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote

For/Agnst
Mgmt

3M Co

MMM

88579Y101

5/11/2004

1.01 Elect Edward A. Brennan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael L. Eskew

MGMT

YES

W’HOLD

AGAINST

1.03 Elect W. James McNerney Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Kevin W. Sharer

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

4.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Abbott Laboratories

ABT

002824100

4/23/2004

1.01 Elect Roxanne S. Austin

MGMT

YES

W’HOLD

AGAINST

1.02 Elect H. Laurance Fuller

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard A. Gonzalez

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jack M. Greenberg

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Jeffrey M. Leiden

MGMT

YES

W’HOLD

AGAINST

1.06 Elect David Owen

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Boone Powell Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Addison Barry Rand

MGMT

YES

W’HOLD

AGAINST

1.09 Elect W. Ann Reynolds

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Roy S. Roberts

MGMT

YES

W’HOLD

AGAINST

1.11 Elect William D. Smithburg

MGMT

YES

W’HOLD

AGAINST

1.12 Elect John R. Walter

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Miles D. White

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Drug Pricing or Distribution

YES

FOR

AGAINST

4.00 SP-Review Political Spending

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

AGAINST

ABC Bancorp

ABCB

000400101

5/18/2004

1.01 Elect Johnny W. Floyd

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Eswin W. Hortman Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Daniel B. Jeter

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Approve Other Business

MGMT

YES

AGAINST

Adobe Systems

ADBE

00724F101

4/28/2004

1.01 Elect Michael R. Cannon

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Bruce R. Chizen

MGMT

YES

W’HOLD

AGAINST

1.03 Elect James E. Daley

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Charles M. Geschke

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Delbert W. Yocam

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 SP-Expense Stock Options

YES

FOR

AGAINST

4.00 SP-Require Option Shares to Be Held

YES

FOR

AGAINST

5.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Advisory Board

ABCO

00762W107

2/25/2004

1.01 Elect Marc N. Casper

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Frank J. Williams

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Michael A. D’Amato

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jeffrey D. Zients

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Kelt Kindick

MGMT

YES

W’HOLD

AGAINST

1.06 Elect LeAnne M. Zumwalt

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Joseph E. Laird Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Affiliated Computer Services-Cl A

ACS

008190100

10/30/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Albany International

AIN

012348108

5/6/2004

1.01 Elect Frank R. Schmeler

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Thomas R. Beecher Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Francis L. McKone

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Barbara P. Wright

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Joseph G. Morone

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Christine L. Standish

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Erland E. Kailbourne

MGMT

YES

W’HOLD

AGAINST

1.08 Elect John Standish

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Hugh J. Murphy

MGMT

YES

W’HOLD

AGAINST

2.00 Amend Stock Award Plan

MGMT

YES

AGAINST

Alexander & Baldwin

ALEX

014482103

4/22/2004

1.01 Elect Michael J. Chun

MGMT

YES

FOR

1.02 Elect W. Allen Doane

MGMT

YES

FOR

1.03 Elect Walter A. Dods Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Charles G. King

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Constance H. Lau

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Carson R. McKissick

MGMT

YES

FOR

1.07 Elect Maryanna G. Shaw

MGMT

YES

FOR

1.08 Elect Charles M. Stockholm

MGMT

YES

FOR

1.09 Elect Jeffrey N. Watanabe

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Add Shares to Director Stock Option Plan

MGMT

YES

FOR

3.00 Amend Director Stock Option Plan

MGMT

YES

FOR

Alkermes

ALKS

01642T108

9/9/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Add Shares to Director Stock Option Plan

MGMT

YES

FOR

Alliance Data Systems

ADS

018581108

6/8/2004

1.01 Elect Lawrence M. Benveniste

MGMT

YES

W’HOLD

AGAINST

1.02 Elect D. Keith Cobb

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Kenneth R. Jensen

MGMT

YES

W’HOLD

AGAINST

Altera Corp

ALTR

021441100

5/11/2004

1.01 Elect John P. Daane

MGMT

YES

FOR

1.02 Elect Robert W. Reed

MGMT

YES

FOR

1.03 Elect Charles M. Clough

MGMT

YES

FOR

1.04 Elect Robert J. Finocchio Jr.

MGMT

YES

FOR

1.05 Elect Kevin J. McGarity

MGMT

YES

FOR

1.06 Elect Paul Newhagen

MGMT

YES

FOR

1.07 Elect William E. Terry

MGMT

YES

FOR

1.08 Elect Susan Wang

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

��

MGMT

YES

FOR

5.00 SP-Expense Stock Options

YES

FOR

AGAINST

Ambac Financial Group

ABK

023139108

5/4/2004

1.01 Elect Phillip B. Lassiter

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael A. Callen

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Renso L. Caporali

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jill M. Considine

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Richard Dulude

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Robert j. Genader

MGMT

YES

W’HOLD

AGAINST

1.07 Elect W. Grant Gregory

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Laura S. Unger

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Henry D. G. Wallace

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Adopt Director Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Ameren

AEE

023608102

4/27/2004

1.01 Elect Susan S. Elliott

MGMT

YES

FOR

1.02 Elect Clifford L. Greenwalt

MGMT

YES

FOR

1.03 Elect Thomas A. Hays

MGMT

YES

FOR

1.04 Elect Richard A. Liddy

MGMT

YES

FOR

1.05 Elect Gordon R. Lohman

MGMT

YES

FOR

1.06 Elect Richard A. Lumpkin

MGMT

YES

FOR

1.07 Elect John P. MacCarthy

MGMT

YES

FOR

1.08 Elect Paul L. Miller Jr.

MGMT

YES

FOR

1.09 Elect Charles W. Mueller

MGMT

YES

FOR

1.10 Elect Douglas R. Oberhelman

MGMT

YES

FOR

1.11 Elect Gary L. Rainwater

MGMT

YES

FOR

1.12 Elect Harvey Saligman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Nuclear Facility/Waste

YES

FOR

AGAINST

American Electric Power

AEP

025537101

4/27/2004

1.01 Elect E. Richard Brooks

MGMT

YES

FOR

1.02 Elect Donald M. Carlton

MGMT

YES

FOR

1.03 Elect John P. DesBarres

MGMT

YES

FOR

1.04 Elect Robert W. Fri

MGMT

YES

FOR

1.05 Elect William R. Howell

MGMT

YES

FOR

1.06 Elect Lester A. Hudson Jr.

MGMT

YES

FOR

1.07 Elect Leonard J. Kujawa

MGMT

YES

FOR

1.08 Elect Michael G. Morris

MGMT

YES

FOR

1.09 Elect Richard L. Sandor

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Donald G. Smith

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Kathryn D. Sullivan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

YES

FOR

AGAINST

4.00 SP-Approve Extra Benefits Under Serps

YES

FOR

AGAINST

5.00 SP-Limit Consulting by Auditors

YES

FOR

AGAINST

6.00 SP-Director Tenure/Retirement Age

YES

AGAINST

FOR

American International Group

AIG

026874107

5/19/2004

1.01 Elect M. Bernard Aidinoff

MGMT

YES

FOR

1.02 Elect Pei-Yuan Chia

MGMT

YES

FOR

1.03 Elect Marshall A. Cohen

MGMT

YES

FOR

1.04 Elect William S. Cohen

MGMT

YES

FOR

1.05 Elect Martin S. Feldstein

MGMT

YES

FOR

1.06 Elect Ellen V. Futter

MGMT

YES

FOR

1.07 Elect Maurice R. Greenberg

MGMT

YES

FOR

1.08 Elect Carla A. Hills

MGMT

YES

FOR

1.09 Elect Frank J. Hoenemeyer

MGMT

YES

FOR

1.10 Elect Richard C. Holbrooke

MGMT

YES

FOR

1.11 Elect Donald P. Kanak

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Howard I. Smith

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Martin J. Sullivan

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Edmund S.W. Tse

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Frank G. Zarb

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review Political Spending

YES

FOR

AGAINST

6.00 SP-Sever Links with Tobacco Industry

YES

FOR

AGAINST

7.00 SP-Link Executive Pay to Social Criteria

YES

��

FOR

AGAINST

American Power Conversion

APCC

029066107

6/10/2004

1.00 Approve Board Size

MGMT

YES

FOR

2.01 Elect Rodger B. Dowdell Jr.

MGMT

YES

W’HOLD

AGAINST

2.02 Elect Emanuel E. Landsman

MGMT

YES

W’HOLD

AGAINST

2.03 Elect Neil E. Rasmussen

MGMT

YES

W’HOLD

AGAINST

2.04 Elect Ervin F. Lyon

MGMT

YES

W’HOLD

AGAINST

2.05 Elect James D. Gerson

MGMT

YES

W’HOLD

AGAINST

2.06 Elect John G. Kassakian

MGMT

YES

W’HOLD

AGAINST

2.07 Elect John F. Keane

MGMT

YES

W’HOLD

AGAINST

2.08 Elect Ellen B. Richstone

MGMT

YES

W’HOLD

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

AmerUs Group Co

AMH

03072M108

5/13/2004

1.01 Elect Roger K. Brooks

MGMT

YES

FOR

1.02 Elect Thomas C. Godlasky

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Stephen Strome

MGMT

YES

FOR

1.04 Elect F.A. Wittern Jr.

MGMT

YES

FOR

2.00 Amend Director Liability Provision

MGMT

YES

AGAINST

2.00 Amend Indemnification Provision

MGMT

YES

AGAINST

3.00 Amend Deferred Compensation Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Amphenol Corp

APH

032095101

5/26/2004

1.01 Elect Andrew E. Lietz

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Martin H. Loeffler

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Michael W. Michelson

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

4.00 Adopt Director Stock Option Plan

MGMT

YES

FOR

5.00 Approve Annual Bonus Plan

MGMT

YES

AGAINST

Anadarko Petroleum

APC

032511107

5/6/2004

1.01 Elect Larry Barcus

MGMT

YES

FOR

1.02 Elect James L. Bryan

MGMT

YES

FOR

1.03 Elect James T. Hackett

MGMT

YES

FOR

2.00 Amend Annual Bonus Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 SP-Report or Take Action on Climate Change

YES

FOR

AGAINST

Analog Devices

ADI

032654105

3/9/2004

1.01 Elect Jerald G. Fishman

MGMT

YES

FOR

1.02 Elect F. Grant Saviers

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Angelica Corp

AGL

034663104

5/25/2004

1.01 Elect Susan S. Elliott

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Don W. Hubble

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Kelvin R. Westbrook

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Ronald J. Kruszewski

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Adopt Director Stock Option Plan

MGMT

YES

AGAINST

Ansys

ANSS

03662Q105

5/6/2004

1.01 Elect Roger J. Heinen Jr.

MGMT

YES

FOR

1.02 Elect Jacqueline C. Morby

MGMT

YES

FOR

2.00 Amend Director Stock Option Plan

MGMT

YES

FOR

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Anthem Inc

ATH

03674B104

5/17/2004

1.01 Elect Victor S. Liss

MGMT

YES

W’HOLD

AGAINST

1.02 Elect James W. McDowell, Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect George A. Schaefer Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jackie M. Ward

MGMT

YES

W’HOLD

AGAINST

Anthem Inc

ATH

03674B104

6/28/2004

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Approve Name Change

MGMT

YES

FOR

Applera

ABI

038020202

10/16/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Applied Materials

AMAT

038222105

3/24/2004

1.01 Elect Michael H. Armacost

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Deborah A. Coleman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Herbert M. Dwight Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Philip V. Gerdine

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Paul R. Low

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Dan Maydan

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Steven L. Miller

MGMT

YES

W’HOLD

AGAINST

1.08 Elect James C. Morgan

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Gerhard Parker

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Michael R. Splinter

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

2.00 Amend Director Stock Option Plan

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

Arch Capital Group

ACGL

2740542

5/5/2004

1.01 Elect Robert Clements

MGMT

YES

AGAINST

1.03 Elect John L. Bunce Jr.

MGMT

YES

AGAINST

1.04 Elect Sean D. Carney

MGMT

YES

AGAINST

2.00 Authorize Legal Formalities

MGMT

YES

FOR

3.00 Appoint Outside Auditors

MGMT

YES

FOR

Arch Chemicals

ARJ

03937R102

4/23/2004

1.01 Elect Richard E. Cavanagh

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael O. Magdol

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Janice J. Teal

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Arkansas Best

ABFS

040790107

4/27/2004

1.01 Elect Robert A. Young III

MGMT

YES

FOR

1.02 Elect Frank Edelstein

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Aspect Communications Corp

ASPT

04523Q102

6/2/2004

1.01 Elect Barry M. Ariko

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Gary E. Barnett

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Norman A. Fogelsong

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Thomas Weatherford

MGMT

YES

W’HOLD

AGAINST

1.05 Elect David B. Wright

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Director Stock Option Plan

MGMT

YES

FOR

2.00 Amend Director Stock Option Plan

MGMT

YES

FOR

3.00 Add Shares to Director Stock Award Plan

MGMT

YES

FOR

3.00 Amend Director Stock Award Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

AT&T Corp

001957505

5/19/2004

1.01 Elect William F. Aldinger III

MGMT

YES

FOR

1.02 Elect Kenneth T. Derr

MGMT

YES

FOR

1.03 Elect David W. Dorman

MGMT

YES

FOR

1.04 Elect M. Kathryn Eickhoff

MGMT

YES

FOR

1.05 Elect Herbert L. Henkel

MGMT

YES

FOR

1.06 Elect Frank C. Herringer

MGMT

YES

FOR

1.07 Elect Shirley A. Jackson

MGMT

YES

FOR

1.08 Elect Jon C. Madonna

MGMT

YES

FOR

1.09 Elect Donald F. McHenry

MGMT

YES

FOR

1.10 Elect Tony L. White

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Director Tenure/Retirement Age

YES

AGAINST

FOR

5.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

6.00 SP-Independent Board Chairman

YES

FOR

AGAINST

7.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

Automatic Data Processing

ADP

053015103

11/11/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

AutoZone

AZO

053332102

12/11/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Avery Dennison

AVY

053611109

4/22/2004

1.01 Elect Philip M. Neal

MGMT

YES

FOR

1.02 Elect Frank V. Cahouet

MGMT

YES

FOR

1.03 Elect Peter W. Mullin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Bruce Karatz

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

BancFirst Corp

BANF

05945F103

5/27/2004

1.01 Elect Marion C. Bauman

MGMT

YES

W’HOLD

AGAINST

1.02 Elect William H. Crawford

MGMT

YES

W’HOLD

AGAINST

1.03 Elect K. Gordon Greer

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Donald B. Halverstadt

MGMT

YES

W’HOLD

AGAINST

1.05 Elect William O. Johnstone

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Melvin Moran

MGMT

YES

W’HOLD

AGAINST

1.07 Elect David E. Rainbolt

MGMT

YES

W’HOLD

AGAINST

1.08 Elect G. Rainey Williams, Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Bank Of America

BAC

060505104

3/17/2004

1.00 Approve Common Stock Issuance

MGMT

YES

NOT VOTED

AGAINST

1.00 Approve Merger/Acquisition

MGMT

YES

NOT VOTED

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

NOT VOTED

AGAINST

3.00 Increase Authorized Common Stock

MGMT

YES

NOT VOTED

AGAINST

4.00 Adjourn Meeting

MGMT

YES

NOT VOTED

AGAINST

Bank of America Corp

BAC

060505104

5/26/2004

1.01 Elect William Barnet III

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles W. Coker

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John T. Collins

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Gary L. Countryman

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Paul Fulton

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Charles K. Gifford

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Donald E. Guinn

MGMT

YES

W’HOLD

AGAINST

1.08 Elect James H. Hance Jr.

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Kenneth D. Lewis

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Walter E. Massey

MGMT

YES

W’HOLD

AGAINST

1.11 Elect J. Thomas May

MGMT

YES

W’HOLD

AGAINST

1.12 Elect C. Steven McMillan

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Eugene M. McQuade

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Patricia E. Mitchell

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Edward L. Romero

MGMT

YES

W’HOLD

AGAINST

1.16 Elect Thomas M. Ryan

MGMT

YES

W’HOLD

AGAINST

1.17 Elect O. Temple Sloan Jr.

MGMT

YES

W’HOLD

AGAINST

1.18 Elect Meredith R. Spangler

MGMT

YES

W’HOLD

AGAINST

1.19 Elect Jackie M. Ward

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Change Annual Meeting Date

YES

AGAINST

FOR

4.00 SP-Double Board Nominees

YES

ABSTAIN

AGAINST

5.00 SP-Limit or End Charitable Giving

YES

AGAINST

FOR

6.00 SP-Mutual Funds Review Committee

YES

FOR

AGAINST

7.00 SP-Ensure Customer Privacy

YES

FOR

AGAINST

Bank One Corp

ONE

06423A103

5/25/2004

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect John H. Bryan

MGMT

YES

FOR

2.02 Elect Stephen B. Burke

MGMT

YES

FOR

2.03 Elect James S. Crown

MGMT

YES

FOR

2.04 Elect James Dimon

MGMT

YES

FOR

2.05 Elect Maureen A. Fay

��

MGMT

YES

FOR

2.06 Elect Laban P. Jackson, Jr.

MGMT

YES

FOR

2.07 Elect John W. Kessler

MGMT

YES

FOR

2.08 Elect Robert I. Lipp

MGMT

YES

FOR

2.09 Elect Richard A. Manoogian

MGMT

YES

FOR

2.10 Elect David C. Novak

MGMT

YES

W’HOLD

AGAINST

2.11 Elect John W. Rogers Jr.

MGMT

YES

FOR

2.12 Elect Frederick P. Stratton Jr.

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Bausch & Lomb

BOL

071707103

4/27/2004

1.01 Elect Alan M. Bennett

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Domenico De Sole

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Kenneth L. Wolfe

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Ronald L. Zarrella

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Bay View Capital Corp

BVC

07262L101

6/24/2004

1.00 Approve Reverse Stock Split

MGMT

YES

FOR

BEA Systems Inc

BEAS

073325102

6/11/2004

1.01 Elect Dean O. Morton

MGMT

YES

W’HOLD

AGAINST

1.02 Elect George Reyes

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Beckman Coulter

BEC

075811109

4/1/2004

1.01 Elect Ronald W. Dollens

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles A. Haggerty

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William N. Kelley

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Becton Dickinson

BDX

075887109

2/11/2004

1.01 Elect Henry P. Becton Jr.

MGMT

YES

FOR

1.02 Elect Edward F. DeGraan

MGMT

YES

FOR

1.03 Elect James F. Orr

MGMT

YES

FOR

1.04 Elect Margaretha Af Ugglas

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

Benchmark Electronics Inc

BHE

08160H101

5/11/2004

1.01 Elect Donald E. Nigbor

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Cary T. Fu

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Steven A. Barton

MGMT

YES

W’HOLD

AGAINST

1.04 Elect John W. Cox

MGMT

YES

W’HOLD

AGAINST

1.05 Elect John C. Custer

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Peter G. Dorflinger

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Bernee D.L. Strom

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Best Buy Co Inc

BBY

086516101

6/24/2004

1.01 Elect Bradbury H. Anderson

MGMT

YES

FOR

1.02 Elect Kathy J. Higgins Victor

MGMT

YES

FOR

1.03 Elect Allen U. Lenzmeier

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Frank D. Trestman

MGMT

YES

FOR

1.05 Elect James C. Wetherbe

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Ronald James

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Mathew H. Paull

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Mary A. Tolan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Big 5 Sporting Goods

BGFV

08915P101

6/2/2004

1.01 Elect Sandra N. Bane

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael D. Miller

MGMT

YES

W’HOLD

AGAINST

Bisys Group

BSG

055472104

11/13/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Bowater Inc

BOW

102183100

5/12/2004

1.01 Elect Arnold M. Nemirow

MGMT

YES

FOR

1.02 Elect Arthur R. Sawchuk

MGMT

YES

FOR

1.03 Elect Gordon D. Giffin

MGMT

YES

FOR

1.04 Elect Douglas A. Pertz

MGMT

YES

FOR

Brinker International

EAT

109641100

11/13/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review or Curb Bioengineering

YES

FOR

AGAINST

Brookfield Homes

BHS

112723101

5/4/2004

1.01 Elect Gordon E. Arnell

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Ian G. Cockwell

MGMT

YES

FOR

1.03 Elect Robert A. Ferchat

MGMT

YES

FOR

1.04 Elect J. Bruce Flatt

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Bruce T. Lehman

MGMT

YES

FOR

1.06 Elect Alan Norris

MGMT

YES

W’HOLD

AGAINST

1.07 Elect David M. Sherman

MGMT

YES

FOR

1.08 Elect Robert L. Stelzl

MGMT

YES

FOR

1.09 Elect Michael D. Young

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Bunge Ltd

2788713

5/28/2004

1.00 Elect Jorge Born, Jr.

MGMT

YES

FOR

2.00 Elect Octavio Caraballo

MGMT

YES

FOR

3.00 Elect Bernard de La Tour d’Auvergne Lauraguais

MGMT

YES

FOR

4.00 Elect William Engels

MGMT

YES

FOR

5.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

6.00 Amend Outside Directors Stock Option Plan

MGMT

YES

FOR

Burlington Northern Santa Fe

BNI

12189T104

4/21/2004

1.01 Elect Alan L. Boeckmann

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Vilma S. Martinez

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Marc F. Racicot

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Roy S. Roberts

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Matthew K. Rose

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Marc J. Shapiro

MGMT

YES

W’HOLD

AGAINST

1.07 Elect J.C. Watts Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Robert H. West

MGMT

YES

W’HOLD

AGAINST

1.09 Elect J. Steven Whisler

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Edward E. Whitacre Jr.

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Michael B. Yanney

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Capital One Financial

COF

14040H105

4/29/2004

1.01 Elect W. Ronald Dietz

MGMT

YES

FOR

1.02 Elect Lewis Hay III

MGMT

YES

FOR

1.03 Elect Mayo A. Shattuck III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

CBL & Associates Properties

CBL

124830100

5/10/2004

1.01 Elect Stephen D. Lebovitz

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Winston W. Walker

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Cendant

151313103

4/20/2004

1.01 Elect M. Brian Mulroney

MGMT

YES

FOR

1.02 Elect Ronald L. Nelson

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert W. Pittman

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Myra J. Biblowit

MGMT

YES

FOR

1.05 Elect Sheli Z. Rosenberg

MGMT

YES

W’HOLD

AGAINST

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Independent Board Chairman

YES

FOR

AGAINST

5.00 SP-Cap Executive Pay

YES

FOR

AGAINST

Central Pacific Financial

CPF

154760102

4/27/2004

1.01 Elect Clint Arnoldus

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Christine H. H. Camp Friedman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Dennis I. Hirota

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Approve Other Business

MGMT

YES

AGAINST

CenturyTel

CTL

156700106

5/6/2004

1.01 Elect William R. Boles Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect W. Bruce Hanks

MGMT

YES

W’HOLD

AGAINST

1.03 Elect C. G. Melville Jr.

MGMT

YES

FOR

1.04 Elect Glen F. Post III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Cerner Corp

CERN

156782104

5/28/2004

1.01 Elect Gerald E. Bisbee Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael E. Herman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Nancy-Ann DeParle

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Charter Municipal Mortgage Acceptance

CHC

160908109

6/10/2004

1.01 Elect Peter T. Allen

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Jeff T. Blau

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Andrew L. Farkas

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Denise L. Kiley

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Robert A. Meister

MGMT

YES

W’HOLD

AGAINST

Checkpoint Systems

CKP

162825103

4/29/2004

1.01 Elect William S. Antle III

MGMT

YES

FOR

1.02 Elect W. Craig Burns

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John E. Davies

MGMT

YES

W’HOLD

AGAINST

1.04 Elect R. Keith Elliott

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

ChevronTexaco

CVX

166764100

4/28/2004

1.01 Elect Samuel H. Armacost

MGMT

YES

FOR

1.02 Elect Robert E. Denham

MGMT

YES

FOR

1.03 Elect Robert J. Eaton

MGMT

YES

FOR

1.04 Elect Samuel L. Ginn

MGMT

YES

FOR

1.05 Elect Carla A. Hills

MGMT

YES

FOR

1.06 Elect Franklyn G. Jenifer

MGMT

YES

FOR

1.07 Elect J. Bennett Johnston

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.09 Elect David J. O’Reilly

MGMT

YES

FOR

1.10 Elect Peter J. Robertson

MGMT

YES

FOR

1.11 Elect Charles R. Shoemate

MGMT

YES

FOR

1.12 Elect Carl Ware

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Poison Pill Policy

MGMT

YES

AGAINST

4.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

5.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

AGAINST

6.00 SP-Review Political Spending

YES

FOR

AGAINST

7.00 SP-Require Majority Vote to Elect Directors

YES

AGAINST

FOR

8.00 SP-Control Generation of Pollutants

YES

FOR

AGAINST

9.00 SP-Review Energy Efficiency & Renewables

YES

FOR

AGAINST

Cisco Systems

CSCO

17275R102

11/11/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 SP-Misc. Human/Political Rights Proposal

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

CIT Group Inc

CIT

125581108

5/12/2004

1.01 Elect Albert R. Gamper Jr.

MGMT

YES

FOR

1.02 Elect Gary C. Butler

MGMT

YES

FOR

1.03 Elect William A. Farlinger

MGMT

YES

FOR

1.04 Elect William M. Freeman

MGMT

YES

FOR

1.05 Elect Thomas H. Kean

MGMT

YES

FOR

1.06 Elect Edward J. Kelly III

MGMT

YES

FOR

1.07 Elect Marianne Miller Parrs

MGMT

YES

FOR

1.08 Elect Jeffrey M. Peek

MGMT

YES

FOR

1.09 Elect John R. Ryan

MGMT

YES

FOR

1.10 Elect Peter J. Tobin

MGMT

YES

FOR

1.11 Elect Lois M. Van Deusen

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGAINST

Citigroup

172967101

4/20/2004

1.01 Elect C. Michael Armstrong

MGMT

YES

FOR

1.02 Elect Alain J.P. Belda

MGMT

YES

FOR

1.03 Elect George David

MGMT

YES

FOR

1.04 Elect Kenneth T. Derr

MGMT

YES

FOR

1.05 Elect John M. Deutch

MGMT

YES

FOR

1.06 Elect Roberto H. Ramirez

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Ann Dibble Jordan

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Dudley C. Mecum II

MGMT

YES

FOR

1.09 Elect Richard D. Parsons

MGMT

YES

FOR

1.10 Elect Andrall E. Pearson

MGMT

YES

FOR

1.11 Elect Charles Prince

MGMT

YES

FOR

1.12 Elect Robert E. Rubin

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Franklin A. Thomas

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Sanford I. Weill

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Robert B. Willumstad

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

4.00 SP-Review Political Spending

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Citizens Communications Co

CZN

17453B101

5/18/2004

1.01 Elect Aaron I. Fleischman

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Rudy J. Graf

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Stanley Harfenist

MGMT

YES

FOR

1.04 Elect Andrew N. Heine

MGMT

YES

FOR

1.05 Elect William M. Kraus

MGMT

YES

FOR

1.06 Elect Scott N. Schneider

MGMT

YES

W’HOLD

AGAINST

1.07 Elect John L. Schroeder

MGMT

YES

FOR

1.08 Elect Robert A. Stanger

MGMT

YES

FOR

1.09 Elect Edwin Tornberg

MGMT

YES

FOR

1.10 Elect Claire L. Tow

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Leonard Tow

MGMT

YES

FOR

1.12 Elect David H. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

YES

FOR

AGAINST

Citrix Systems Inc

CTXS

177376100

5/13/2004

1.01 Elect Mark B. Templeton

MGMT

YES

FOR

1.02 Elect Kevin R. Compton

MGMT

YES

FOR

1.03 Elect Stephen M. Dow

MGMT

YES

FOR

2.00 SP-Expense Stock Options

YES

FOR

AGAINST

Claire’s Stores Inc

CLE

179584107

6/23/2004

1.01 Elect Marla L. Schaefer

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Ira D. Kaplan

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Steven H. Tishman

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Ann Spector Lieff

MGMT

YES

W’HOLD

AGAINST

1.05 Elect E. Bonnie Schaefer

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Bruce G. Miller

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Todd D. Jick

MGMT

YES

W’HOLD

AGAINST

2.00 SP-Review or Implement MacBride Principles

YES

ABSTAIN

AGAINST

CNF

12612W104

4/20/2004

1.01 Elect W. Keith Kennedy Jr.

MGMT

YES

FOR

1.02 Elect John C. Pope

MGMT

YES

FOR

1.03 Elect Gregory L. Quesnel

MGMT

YES

FOR

1.04 Elect Peter W. Stott

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Coca-Cola

191216100

4/21/2004

1.01 Elect Herbert A. Allen

MGMT

YES

FOR

1.02 Elect Ronald W. Allen

MGMT

YES

FOR

1.03 Elect Cathleen P. Black

MGMT

YES

FOR

1.04 Elect Warren E. Buffett

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Douglas N. Daft

MGMT

YES

FOR

1.06 Elect Barry Diller

MGMT

YES

FOR

1.07 Elect Donald R. Keough

MGMT

YES

FOR

1.08 Elect Susan B. King

MGMT

YES

FOR

1.09 Elect Maria Elena Lagomasino

��

MGMT

YES

FOR

1.10 Elect Donald F. McHenry

MGMT

YES

FOR

1.11 Elect Robert L. Nardelli

MGMT

YES

FOR

1.12 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.13 Elect J. Pedro Reinhard

MGMT

YES

FOR

1.14 Elect James D. Robinson III

MGMT

YES

FOR

1.15 Elect Peter V. Ueberroth

MGMT

YES

FOR

1.16 Elect James B. Williams

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

4.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

7.00 SP-Shareholder Approval of Deferred Plan

YES

FOR

AGAINST

8.00 SP-China—Adopt Code of Conduct

YES

FOR

AGAINST

9.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Coca-Cola Enterprises

CCE

191219104

4/30/2004

1.01 Elect John R. Alm

MGMT

YES

FOR

1.02 Elect J. Trevor Eyton

MGMT

YES

FOR

1.03 Elect Gary P. Fayard

MGMT

YES

W’HOLD

AGAINST

1.04 Elect L. Phillip Humann

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Paula G. Rosput

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

5.00 Adopt Subsidiary Purchase Plan

MGMT

YES

FOR

6.00 Adopt Subsidiary Savings Plan

MGMT

YES

FOR

7.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

8.00 SP-Golden Parachutes

YES

FOR

AGAINST

9.00 SP-Control Generation of Pollutants

YES

FOR

AGAINST

Cole Kenneth Productions Inc

KCP

193294105

5/27/2004

1.01 Elect Paul Blum

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Kenneth D. Cole

MGMT

YES

FOR

1.03 Elect Robert C. Grayson

MGMT

YES

FOR

1.04 Elect Denis F. Kelly

MGMT

YES

FOR

1.05 Elect Stanley A. Mayer

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Philip B. Miller

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Colgate-Palmolive

194162103

5/7/2004

1.01 Elect Jill K. Conway

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Ronald E. Ferguson

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Carlos M. Gutierrez

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Ellen M. Hancock

MGMT

YES

W’HOLD

AGAINST

1.05 Elect David W. Johnson

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Richard J. Kogan

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Delano E. Lewis

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Reuben Mark

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Elizabeth A. Monrad

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 SP-Golden Parachutes

YES

FOR

AGAINST

5.00 SP-Monitor/Adopt ILO Conventions

YES

FOR

AGAINST

6.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Comcast Corp

CMCSA

20030N101

5/26/2004

1.01 Elect Decker Anstrom

MGMT

YES

W’HOLD

AGAINST

1.02 Elect C. Michael Armstrong

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Kenneth J. Bacon

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Sheldon M. Bonovitz

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Julian A. Brodsky

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Joseph L. Castle II

MGMT

YES

W’HOLD

AGAINST

1.07 Elect J. Michael Cook

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Brian L. Roberts

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Ralph J. Roberts

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Judith Rodin

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Michael I. Sovern

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Award Plan

MGMT

YES

AGAINST

3.00 Amend Stock Award Plan

MGMT

YES

AGAINST

4.00 Approve Non-Technical Charter Amendments

MGMT

YES

FOR

5.00 SP-Increase Board Independence

YES

FOR

AGAINST

6.00 SP-Review Political Spending

YES

FOR

AGAINST

7.00 SP-Double Board Nominees

YES

AGAINST

FOR

8.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

9.00 SP-Eliminate Dual Class Stock

YES

AGAINST

FOR

Comerica Inc

CMA

200340107

5/18/2004

1.01 Elect Ralph W. Babb Jr.

MGMT

YES

FOR

1.02 Elect James F. Cordes

MGMT

YES

FOR

1.03 Elect Peter D. Cummings

MGMT

YES

FOR

1.04 Elect Todd W. Herrick

MGMT

YES

FOR

1.05 Elect William P. Vititoe

MGMT

YES

FOR

1.06 Elect Kenneth L. Way

MGMT

YES

FOR

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Community Trust Bancorp

CTBI

204149108

4/27/2004

1.01 Elect Charles J. Baird

MGMT

YES

FOR

1.02 Elect Burlin Coleman

MGMT

YES

FOR

1.03 Elect Nick A. Cooley

MGMT

YES

FOR

1.04 Elect William A. Graham Jr.

MGMT

YES

FOR

1.05 Elect Jean R. Hale

MGMT

YES

FOR

1.06 Elect M. Lynn Parrish

MGMT

YES

FOR

1.07 Elect Ernest M. Rogers

MGMT

YES

W’HOLD

AGAINST

1.08 Elect James R. Ramsey

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Computer Sciences

CSC

205363104

8/11/2003

1.00 Elect Directors

MGMT

YES

FOR

Comverse Technology

CMVT

205862402

12/16/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Concord EFS

206197105

10/28/2003

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Concord EFS

206197105

2/26/2004

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

ConocoPhillips

COP

20825C104

5/5/2004

1.01 Elect David L. Boren

MGMT

YES

FOR

1.02 Elect James E. Copeland Jr.

MGMT

YES

FOR

1.03 Elect Kenneth M. Duberstein

MGMT

YES

FOR

1.04 Elect Ruth R. Harkin

MGMT

YES

FOR

1.05 Elect William R. Rhodes

MGMT

YES

FOR

1.06 Elect J. Stapleton Roy

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Preserve/Report on Natural Habitat

YES

FOR

AGAINST

Corus Bankshares

CORS

220873103

4/21/2004

1.01 Elect Joseph C. Glickman

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Robert J. Glickman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert J. Buford

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Steven D. Fifield

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Rodney D. Lubeznik

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Michael J. McClure

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Peter C. Roberts

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Countrywide Financial

CFC

222372104

1/9/2004

1.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

Countrywide Financial Corp

CFC

222372104

6/16/2004

1.01 Elect Henry Cisneros

MGMT

YES

FOR

1.02 Elect Robert J. Donato

MGMT

YES

FOR

1.03 Elect Michael E. Dougherty

MGMT

YES

FOR

1.04 Elect Martin R. Melone

MGMT

YES

FOR

1.05 Elect Harley W. Snyder

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

Cox Communications

COX

224044107

5/18/2004

1.01 Elect G. Dennis Berry

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Janet M. Clarke

MGMT

YES

W’HOLD

AGAINST

1.03 Elect James C. Kennedy

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

CSX

126408103

5/5/2004

1.01 Elect Elizabeth E. Bailey

MGMT

YES

FOR

1.02 Elect Robert L. Burrus, Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Edward J. Kelly III

MGMT

YES

FOR

1.04 Elect Robert D. Kunisch

MGMT

YES

FOR

1.05 Elect Southwood J. Morcott

MGMT

YES

FOR

1.06 Elect David M. Ratcliffe

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Charles E. Rice

MGMT

YES

FOR

1.08 Elect William C. Richardson

MGMT

YES

FOR

1.09 Elect Frank S. Royal

MGMT

YES

FOR

1.10 Elect Donald J. Shepard

MGMT

YES

FOR

1.11 Elect Michael J. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

4.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

5.00 SP-Golden Parachutes

YES

FOR

AGAINST

CVS Corp

CVS

126650100

5/12/2004

1.01 Elect W. Don Cornwell

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Thomas P. Gerrity

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Stanley P. Goldstein

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Marian L. Heard

MGMT

YES

W’HOLD

AGAINST

1.05 Elect William H. Joyce

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Terry R. Lautenbach

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Terrence Murray

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Sheli Z. Rosenberg

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Thomas M. Ryan

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Director Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

D. R. Horton

DHI

23331A109

1/29/2004

1.01 Elect Donald R. Horton

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Bradley S. Anderson

MGMT

YES

FOR

1.03 Elect Michael R. Buchanan

MGMT

YES

FOR

1.04 Elect Richard I. Galland

MGMT

YES

FOR

1.05 Elect Francine I. Neff

MGMT

YES

FOR

1.06 Elect Donald J. Tomnitz

MGMT

YES

FOR

1.07 Elect Bill W. Wheat

MGMT

YES

W’HOLD

AGAINST

2.00 Amend Annual Bonus Plan

MGMT

YES

AGAINST

3.00 Approve Other Business

MGMT

YES

AGAINST

Dana

DCN

235811106

4/19/2004

1.01 Elect Benjamin F. Bailar

MGMT

YES

FOR

1.02 Elect A. Charles Baillie

MGMT

YES

FOR

1.03 Elect David E. Berges

MGMT

YES

FOR

1.04 Elect Michael J. Burns

MGMT

YES

FOR

1.05 Elect Edmund M. Carpenter

MGMT

YES

FOR

1.06 Elect Samir G. Gibara

MGMT

YES

FOR

1.07 Elect Cheryl W. Grise

MGMT

YES

FOR

1.08 Elect Glen H. Hiner

MGMT

YES

FOR

1.09 Elect James P. Kelly

MGMT

YES

FOR

1.10 Elect Marilyn R. Marks

MGMT

YES

FOR

1.11 Elect Richard B. Priory

MGMT

YES

FOR

2.00 Amend Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

AGAINST

4.00 Amend Stock Option Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

DELL COMPUTER CORPORATION

247025406

7/18/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 Approve Name Change

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Denbury Resources

DNR

247916208

5/12/2004

1.01 Elect Ronald G. Greene

MGMT

YES

FOR

1.02 Elect David I. Heather

MGMT

YES

FOR

1.03 Elect William S. Price III

MGMT

YES

FOR

1.04 Elect Gareth Roberts

MGMT

YES

FOR

1.05 Elect Wieland F. Wettstein

MGMT

YES

FOR

1.06 Elect Carrie A. Wheeler

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Dendrite International Inc

DRTE

248239105

5/17/2004

1.01 Elect John E. Bailye

MGMT

YES

FOR

1.02 Elect John A. Fazio

MGMT

YES

FOR

1.03 Elect Bernard M. Goldsmith

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Edward J. Kfoury

MGMT

YES

FOR

1.05 Elect Paul A. Margolis

MGMT

YES

FOR

1.06 Elect John H. Martinson

MGMT

YES

FOR

1.07 Elect Terry H. Osborne

MGMT

YES

FOR

1.08 Elect Patrick J. Zenner

MGMT

YES

W’HOLD

AGAINST

Devon Energy Corp

DVN

25179M103

6/8/2004

1.01 Elect Thomas F. Ferguson

MGMT

YES

FOR

1.02 Elect Peter J. Fluor

MGMT

YES

FOR

1.03 Elect David M. Gavrin

MGMT

YES

FOR

1.04 Elect Michael E. Gellert

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Require Majority Vote to Elect Directors

YES

AGAINST

FOR

Diagnostic Products

252450101

5/4/2004

1.01 Elect Sidney A. Aroesty

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Frederick Frank

MGMT

YES

FOR

1.03 Elect Kenneth A. Merchant

MGMT

YES

FOR

1.04 Elect Maxwell H. Salter

MGMT

YES

FOR

1.05 Elect James D. Watson

MGMT

YES

FOR

1.06 Elect Ira Ziering

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Michael Ziering

MGMT

YES

FOR

2.00 Approve Board Size

MGMT

YES

FOR

Diebold

DBD

253651103

4/22/2004

1.01 Elect Louis V. Bockius III

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Christopher M. Connor

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard L. Crandall

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Eric C. Evans

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Gale S. Fitzgerald

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Phillip B. Lassiter

MGMT

YES

W’HOLD

AGAINST

1.07 Elect John N. Lauer

MGMT

YES

W’HOLD

AGAINST

1.08 Elect William F. Massy

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Walden W. O’Dell

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Eric J. Roorda

MGMT

YES

W’HOLD

AGAINST

1.11 Elect William R. Timken Jr.

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Henry D. G. Wallace

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Dollar General Corp

256669102

5/25/2004

1.01 Elect David L. Bere

MGMT

YES

FOR

1.02 Elect Dennis C. Bottorff

MGMT

YES

FOR

1.03 Elect Barbara L. Bowles

MGMT

YES

FOR

1.04 Elect James L. Clayton

MGMT

YES

FOR

1.05 Elect Reginald D. Dickson

MGMT

YES

FOR

1.06 Elect E. Gordon Gee

MGMT

YES

FOR

1.07 Elect Barbara M. Knuckles

MGMT

YES

FOR

1.08 Elect David A. Perdue Jr.

MGMT

YES

FOR

1.09 Elect James D. Robbins

MGMT

YES

FOR

1.10 Elect David M. Wilds

MGMT

YES

FOR

1.11 Elect J. Neal Purcell

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Dow Chemical

DOW

260543103

5/13/2004

1.01 Elect Arnold A. Allemang

MGMT

YES

W’HOLD

AGAINST

1.02 Elect John C. Danforth

MGMT

YES

FOR

1.03 Elect Jeff M. Fettig

MGMT

YES

FOR

1.04 Elect Andrew N. Liveris

MGMT

YES

W’HOLD

AGAINST

1.05 Elect James M. Ringler

MGMT

YES

FOR

1.06 Elect William S. Stavropoulos

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Report on Environmental Impact or Plans

YES

FOR

AGAINST

EchoStar Communications

DISH

278762109

5/6/2004

1.01 Elect Michael T. Dugan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect James DeFranco

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Cantey Ergen

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Charles W. Ergen

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Raymond L. Friedlob

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Steven R. Goodbarn

MGMT

YES

W’HOLD

AGAINST

1.07 Elect David K. Moskowitz

MGMT

YES

W’HOLD

AGAINST

1.08 Elect C. Michael Schroeder

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGAINST

Edison International

EIX

281020107

5/20/2004

1.01 Elect John E. Bryson

MGMT

YES

W’HOLD

AGAINST

1.02 Elect France A. Cordova

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Bradford M. Freeman

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Bruce Karatz

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Luis G. Nogales

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Ronald L. Olson

MGMT

YES

W’HOLD

AGAINST

1.07 Elect James M. Rosser

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Richard T. Schlosberg III

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Robert H. Smith

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Thomas C. Sutton

MGMT

YES

W’HOLD

AGAINST

2.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

Embarcadero Technologies

EMBT

290787100

6/15/2004

1.01 Elect Timothy C. K. Chou

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Frank M. Polestra

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Emerson Electric

EMR

291011104

2/3/2004

1.01 Elect Carlos Fernandez G.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles F. Knight

MGMT

YES

W’HOLD

AGAINST

1.03 Elect G. A. Lodge

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Rozanne L. Ridgway

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Edward E. Whitacre Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Entergy Corp

ETR

29364G103

5/14/2004

1.01 Elect Maureen S. Bateman

MGMT

YES

FOR

1.02 Elect W. Frank Blount

MGMT

YES

FOR

1.03 Elect Simon D. deBree

MGMT

YES

FOR

1.04 Elect Claiborne P. Deming

MGMT

YES

FOR

1.05 Elect Alexis M. Herman

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Donald C. Hintz

MGMT

YES

FOR

1.07 Elect J. Wayne Leonard

MGMT

YES

FOR

1.08 Elect Robert v.d. Luft

MGMT

YES

FOR

1.09 Elect Kathleen A. Murphy

MGMT

YES

FOR

1.10 Elect Paul W. Murrill

MGMT

YES

FOR

1.11 Elect James R. Nichols

MGMT

YES

FOR

1.12 Elect William A. Percy II

MGMT

YES

FOR

1.13 Elect Dennis H. Reilley

MGMT

YES

FOR

1.14 Elect William Clifford Smith

MGMT

YES

FOR

1.15 Elect Bismark A. Steinhagen

MGMT

YES

FOR

1.16 Elect Steven V. Wilkinson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

YES

FOR

AGAINST

4.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Equifax

EFX

294429105

4/28/2004

1.01 Elect James E. Copeland Jr.

MGMT

YES

FOR

1.02 Elect Lee A. Ault III

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John L. Clendenin

MGMT

YES

FOR

1.04 Elect A. W. Dahlberg

MGMT

YES

FOR

1.05 Elect L. Phillip Humann

MGMT

YES

FOR

Equity Inns

ENN

294703103

5/13/2004

1.01 Elect Phillip H. McNeill, Sr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Raymond E. Schultz

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Howard A. Silver

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Robert P. Bowen

MGMT

YES

W’HOLD

AGAINST

Exelon

EXC

30161N101

4/27/2004

1.01 Elect Nicholas DeBenedictis

MGMT

YES

W’HOLD

AGAINST

1.02 Elect G. Fred DiBona Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Sue L. Gin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Edgar D. Jannotta

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Express Scripts Inc

ESRX

302182100

5/26/2004

1.01 Elect Gary G. Benanav

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Frank J. Borelli

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Nicholas J. LaHowchic

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Thomas P. Mac Mahon

MGMT

YES

W’HOLD

AGAINST

1.05 Elect John O. Parker Jr.

MGMT

YES

W’HOLD

AGAINST

1.06 Elect George Paz

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Samuel K. Skinner

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Seymour Sternberg

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Barrett A. Toan

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Howard L. Waltman

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Exxon Mobil Corp

XOM

30231G102

5/26/2004

1.01 Elect Michael J. Boskin

MGMT

YES

W’HOLD

AGAINST

1.02 Elect James R. Houghton

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William R. Howell

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Reatha Clark King

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Philip E. Lippincott

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Harry J. Longwell

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Henry A. McKinnell Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Marilyn Carlson Nelson

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Lee R. Raymond

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Walter V. Shipley

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Rex W. Tillerson

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 SP-Affirm Political Nonpartisanship

YES

FOR

AGAINST

5.00 SP-Review Political Spending

YES

FOR

AGAINST

6.00 SP-Review Operations’ Impact on Local Groups

YES

FOR

AGAINST

7.00 SP-Independent Board Chairman

YES

FOR

AGAINST

8.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

10.00 SP-Adopt Sexual Orientation Anti-Bias Policy

YES

ABSTAIN

AGAINST

11.00 SP-Report or Take Action on Climate Change

YES

FOR

AGAINST

Fairchild Semiconductor International

FCS

303726103

5/4/2004

1.01 Elect Kirk P. Pond

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Joseph R. Martin

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Charles P. Carinalli

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Richard M. Cashin Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Charles M. Clough

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Robert F. Friel

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Thomas L. Magnanti

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Bryan R. Roub

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Paul C. Schorr IV

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Ronald W. Shelly

MGMT

YES

W’HOLD

AGAINST

1.11 Elect William N. Stout

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Family Dollar Stores

FDO

307000109

1/15/2004

1.01 Elect Mark R. Bernstein

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Sharon Allred Decker

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Edward C. Dolby

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Glenn A. Eisenberg

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Howard R. Levine

MGMT

YES

W’HOLD

AGAINST

1.06 Elect George R. Mahoney Jr.

MGMT

YES

W’HOLD

AGAINST

1.07 Elect James G. Martin

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Fannie Mae

FNM

313586109

5/25/2004

1.01 Elect Stephen B. Ashley

MGMT

YES

FOR

1.02 Elect Kenneth M. Duberstein

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Thomas P. Gerrity

MGMT

YES

FOR

1.04 Elect Timothy Howard

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Ann McLaughlin Korologos

MGMT

YES

FOR

1.06 Elect Frederic V. Malek

MGMT

YES

FOR

1.07 Elect Donald B. Marron

MGMT

YES

FOR

1.08 Elect Daniel H. Mudd

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Anne M. Mulcahy

MGMT

YES

FOR

1.10 Elect Joe K. Pickett

MGMT

YES

FOR

1.11 Elect Leslie Rahl

MGMT

YES

FOR

1.12 Elect Franklin D. Raines

MGMT

YES

FOR

1.13 Elect H. Patrick Swygert

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

Federal Home Loan Mortgage

FRE

313400301

3/31/2004

1.01 Elect Joan E. Donaghue

MGMT

YES

FOR

1.02 Elect Michelle Engler

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard Karl Goeltz

MGMT

YES

FOR

1.04 Elect George D. Gould

MGMT

YES

FOR

1.05 Elect Henry Kaufman

MGMT

YES

FOR

1.06 Elect John B. McCoy

MGMT

YES

FOR

1.07 Elect Shaun F. O’Malley

MGMT

YES

FOR

1.08 Elect Ronald F. Poe

MGMT

YES

FOR

1.09 Elect Stephen A. Ross

MGMT

YES

FOR

1.10 Elect Donald J. Schuenke

MGMT

YES

FOR

1.11 Elect Christina Seix

MGMT

YES

FOR

1.12 Elect Richard F. Syron

MGMT

YES

FOR

1.13 Elect William J. Turner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Federated Dept Stores

31410H101

5/21/2004

1.01 Elect Sara L. Levinson

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Joseph Neubauer

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Joseph A. Pichler

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Karl M. von der Heyden

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

FedEx

FDX

31428X106

9/29/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Repeal Classified Board

YES

FOR

AGAINST

First Data

FDC

319963104

10/28/2003

1.00 Approve Common Stock Issuance

MGMT

YES

ABSTAIN

AGAINST

1.00 Approve Merger/Acquisition

MGMT

YES

ABSTAIN

AGAINST

First Data Corp

FDC

319963104

5/19/2004

1.01 Elect Henry C. Duques

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles T. Fote

MGMT

YES

FOR

1.03 Elect Richard P. Kiphart

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Joan E. Spero

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

First Federal Capital

FTFC

319960100

4/21/2004

1.01 Elect Jack C. Rusch

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Flagstar Bancorp Inc

FBC

337930101

6/1/2004

1.01 Elect Thomas J. Hammond

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Mark T. Hammond

MGMT

YES

FOR

1.03 Elect Kirstin A. Hammond

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Charles Bazzy

MGMT

YES

FOR

1.05 Elect Michael Lucci, Sr

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Frank D’Angelo

MGMT

YES

FOR

1.07 Elect Robert W. DeWitt

MGMT

YES

FOR

FleetBoston Financial

FBF

339030108

3/17/2004

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Adjourn Meeting

MGMT

YES

FOR

FLIR Systems

FLIR

302445101

4/21/2004

1.01 Elect John D. Carter

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael T. Smith

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

Fluor

FLR

343412102

4/28/2004

1.01 Elect James T. Hackett

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Kent Kresa

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robin W. Renwick

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Martha R. Seger

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Director Stock Award Plan

MGMT

YES

FOR

3.00 Amend Director Stock Award Plan

MGMT

YES

FOR

Foot Locker Inc

344849104

5/26/2004

1.01 Elect James E. Preston

MGMT

YES

FOR

1.02 Elect Matthew D. Serra

MGMT

YES

FOR

1.03 Elect Christopher A. Sinclair

MGMT

YES

FOR

1.04 Elect Dona Davis Young

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Forest Laboratories -Cl A

FRX

345838106

8/11/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Formfactor

FORM

346375108

5/13/2004

1.01 Elect William H. Davidow

MGMT

YES

FOR

1.02 Elect Dr. Igor Y. Khandros

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Franklin Resources

BEN

354613101

1/29/2004

1.01 Elect Harmon E. Burns

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles Crocker

MGMT

YES

FOR

1.03 Elect Robert D. Joffe

MGMT

YES

FOR

1.04 Elect Charles B. Johnson

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Rupert H. Johnson Jr.

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Thomas H. Kean

MGMT

YES

FOR

1.07 Elect James A. McCarthy

MGMT

YES

FOR

1.08 Elect Chutta Ratnathicam

MGMT

YES

FOR

1.09 Elect Peter M. Sacerdote

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Anne M. Tatlock

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Louis E. Woodworth

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Amend Annual Bonus Plan

MGMT

YES

AGAINST

Fremont General Corp

FMT

357288109

5/20/2004

1.01 Elect James A. McIntyre

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Louis J. Rampino

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Wayne R. Bailey

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Thomas W. Hayes

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Robert F. Lewis

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Russell K. Mayerfeld

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Dickinson C. Ross

MGMT

YES

W’HOLD

AGAINST

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

4.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Friedman, Billings, Ramsey Group

FBR

358434108

5/19/2004

1.01 Elect Emanuel J. Friedman

MGMT

YES

FOR

1.02 Elect Eric F. Billings

MGMT

YES

FOR

1.03 Elect W. Russell Ramsey

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Daniel J. Altobello

MGMT

YES

FOR

1.05 Elect Peter A. Gallagher

MGMT

YES

FOR

1.06 Elect Stephen D. Harlan

MGMT

YES

FOR

1.07 Elect Russell C. Lindner

MGMT

YES

FOR

1.08 Elect Wallace L. Timmeny

MGMT

YES

W’HOLD

AGAINST

1.09 Elect John T. Wall

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Gallagher (Arthur J) & Co

AJG

363576109

5/18/2004

1.01 Elect T. Kimball Brooker

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Robert E. Gallagher

MGMT

YES

W’HOLD

AGAINST

1.03 Elect David S. Johnson

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Gannett Co

GCI

364730101

5/4/2004

1.01 Elect James A. Johnson

MGMT

YES

FOR

1.02 Elect Douglas H. McCorkindale

MGMT

YES

FOR

1.03 Elect Stephen P. Munn

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Gap Inc

GPS

364760108

5/12/2004

1.01 Elect Adrian D.P. Bellamy

MGMT

YES

FOR

1.02 Elect Donald G. Fisher

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Doris F. Fisher

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Robert J. Fisher

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Glenda A. Hatchett

MGMT

YES

FOR

1.06 Elect Penelope L. Hughes

MGMT

YES

FOR

1.07 Elect Bob L. Martin

MGMT

YES

FOR

1.08 Elect Jorge P. Montoya

MGMT

YES

FOR

1.09 Elect Paul S. Pressler

MGMT

YES

FOR

1.10 Elect James M. Schneider

MGMT

YES

FOR

1.11 Elect Mayo A. Shattuck III

MGMT

YES

FOR

1.12 Elect Howard P. Behar

MGMT

YES

FOR

1.13 Elect Margaret C. Whitman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Annual Bonus Plan

MGMT

YES

AGAINST

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

General Electric

369604103

4/28/2004

1.01 Elect James I. Cash Jr.

MGMT

YES

FOR

1.02 Elect Dennis D. Dammerman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Ann M. Fudge

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Claudio X. Gonzalez Laporte

MGMT

YES

FOR

1.05 Elect Jeffrey R. Immelt

MGMT

YES

FOR

1.06 Elect Andrea Jung

MGMT

YES

FOR

1.07 Elect Alan G. Lafley

MGMT

YES

FOR

1.08 Elect Kenneth G. Langone

MGMT

YES

FOR

1.09 Elect Ralph S. Larsen

MGMT

YES

FOR

1.10 Elect Rochelle B. Lazarus

MGMT

YES

FOR

1.11 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.12 Elect Roger S. Penske

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Robert J. Swieringa

MGMT

YES

FOR

1.14 Elect Douglas A. Warner III

MGMT

YES

FOR

1.15 Elect Robert C. Wright

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Long-term Bonus Plan

MGMT

YES

FOR

4.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

5.00 SP-Review or Promote Animal Welfare

YES

FOR

AGAINST

6.00 SP-Review Nuclear Facility/Waste

YES

FOR

AGAINST

7.00 SP-Report on Environmental Impact or Plans

YES

FOR

AGAINST

8.00 SP-Report on Risk to Image of Globalization Strate

YES

FOR

AGAINST

9.00 SP-Report on Sustainability

YES

FOR

AGAINST

10.00 SP-Increase Comp Committee Independence

YES

FOR

AGAINST

11.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

12.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

13.00 SP-Limit Number of Directorships

YES

FOR

AGAINST

14.00 SP-Independent Board Chairman

YES

FOR

AGAINST

15.00 SP-Study Sale or Spin-off

YES

AGAINST

FOR

16.00 SP-Require Option Shares to Be Held

YES

FOR

AGAINST

17.00 SP-Increase Board Independence

YES

FOR

AGAINST

18.00 SP-Review Political Spending

YES

FOR

AGAINST

General Growth Properties

GGP

370021107

11/20/2003

1.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

General Mills

GIS

370334104

9/22/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

General Motors Corp

370442105

6/2/2004

1.01 Elect Percy N. Barnevik

MGMT

YES

FOR

1.02 Elect John H. Bryan

MGMT

YES

FOR

1.03 Elect Armando M. Codina

MGMT

YES

FOR

1.04 Elect George M.C. Fisher

MGMT

YES

FOR

1.05 Elect Karen Katen

MGMT

YES

FOR

1.06 Elect Kent Kresa

MGMT

YES

FOR

1.07 Elect Alan G. Lafley

MGMT

YES

FOR

1.08 Elect Philip A. Laskawy

MGMT

YES

FOR

1.09 Elect E. Stanley O’Neal

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Eckhard Pfeiffer

MGMT

YES

FOR

1.11 Elect G. Richard Wagoner Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

5.00 SP-Independent Board Chairman

YES

FOR

AGAINST

6.00 SP-Increase Key Committee Independence

YES

FOR

AGAINST

7.00 SP-Report or Take Action on Climate Change

YES

FOR

AGAINST

8.00 SP-Golden Parachutes

YES

FOR

AGAINST

9.00 SP-Require Option Shares to Be Held

YES

FOR

AGAINST

Genlyte Group

GLYT

372302109

4/29/2004

1.01 Elect Larry K. Powers

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Zia Eftekhar

MGMT

YES

W’HOLD

AGAINST

Genzyme Corp

GENZ

372917104

5/27/2004

1.01 Elect Douglas A. Berthiaume

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Henry E. Blair

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Gail K. Boudreaux

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Add Shares to Director Stock Option Plan

MGMT

YES

FOR

4.00 Amend Director Stock Option Plan

MGMT

YES

FOR

5.00 Cancel Series of Preferred Stock

MGMT

YES

FOR

5.00 Eliminate Dual Class Stock

MGMT

YES

FOR

6.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

7.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

GEO Group

GGI

36159R103

5/6/2004

1.01 Elect Wayne H. Calabrese

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Norman A. Carlson

MGMT

YES

FOR

1.03 Elect Benjamin R. Civiletti

MGMT

YES

FOR

1.04 Elect G. Fred DiBona, Jr.

MGMT

YES

FOR

1.05 Elect Anne Newman Foreman

MGMT

YES

FOR

1.06 Elect Richard H. Glanton

MGMT

YES

FOR

1.07 Elect George C. Zoley

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Gilead Sciences Inc

GILD

375558103

5/25/2004

1.01 Elect Paul Berg

MGMT

YES

FOR

1.02 Elect Etienne Davignon

MGMT

YES

FOR

1.03 Elect James M. Denny

MGMT

YES

FOR

1.04 Elect John C. Martin

MGMT

YES

FOR

1.05 Elect Gordon E. Moore

MGMT

YES

FOR

1.06 Elect Nicholas G. Moore

MGMT

YES

FOR

1.07 Elect George P. Shultz

MGMT

YES

FOR

1.08 Elect Gayle E. Wilson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

Gillette Co

375766102

5/20/2004

1.01 Elect Edward F. DeGraan

MGMT

YES

FOR

1.02 Elect Wilbur H. Gantz

MGMT

YES

FOR

1.03 Elect James M. Kilts

MGMT

YES

FOR

1.04 Elect Jorge Paulo Lemann

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

5.00 SP-Limit Consulting by Auditors

YES

FOR

AGAINST

6.00 SP-Expense Stock Options

YES

FOR

AGAINST

Glatfelter

GLT

377316104

4/28/2004

1.01 Elect Kathleen Dahlberg

MGMT

YES

FOR

1.02 Elect Richard C. Ill

MGMT

YES

FOR

1.03 Elect Lee C. Stewart

MGMT

YES

FOR

2.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

Golden West Financial

GDW

381317106

4/27/2004

1.01 Elect Patricia A. King

MGMT

YES

FOR

1.02 Elect Marion O. Sandler

MGMT

YES

FOR

1.03 Elect Leslie Tang Schilling

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Goldman Sachs Group

38141G104

3/31/2004

1.01 Elect John P. Browne of Madingley

MGMT

YES

FOR

1.02 Elect Claes Dahlback

MGMT

YES

FOR

1.03 Elect James A. Johnson

MGMT

YES

FOR

1.04 Elect Lois D. Juliber

MGMT

YES

FOR

1.05 Elect Lloyd C. Blankfein

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

Graco

GGG

384109104

4/23/2004

1.01 Elect William G. Van Dyke

MGMT

YES

FOR

1.02 Elect Mark H. Rauenhorst

MGMT

YES

FOR

1.03 Elect J. Kevin Gilligan

MGMT

YES

FOR

1.04 Elect R. William Van Sant

MGMT

YES

FOR

1.05 Elect Jack W. Eugster

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

GreenPoint Financial

GPT

395384100

4/30/2004

1.01 Elect Bharat B. Bhatt

MGMT

YES

FOR

1.02 Elect J. Thomas Presby

MGMT

YES

FOR

1.03 Elect Robert F. Vizza

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Guidant Corp

GDT

401698105

5/18/2004

1.01 Elect Maurice A. Cox Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Nancy-Ann DeParle

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Ronald W. Dollens

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Enrique C. Falla

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Kristina M. Johnson

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

YES

FOR

AGAINST

Halliburton Co

HAL

406216101

5/19/2004

1.01 Elect Robert L. Crandall

MGMT

YES

FOR

1.02 Elect Kenneth T. Derr

MGMT

YES

FOR

1.03 Elect Charles J. DiBona

MGMT

YES

FOR

1.04 Elect William R. Howell

MGMT

YES

FOR

1.05 Elect Ray L. Hunt

MGMT

YES

FOR

1.06 Elect David J. Lesar

MGMT

YES

FOR

1.07 Elect Aylwin B. Lewis

MGMT

YES

FOR

1.08 Elect J. Landis Martin

MGMT

YES

FOR

1.09 Elect Jay A. Precourt

MGMT

YES

FOR

1.10 Elect Debra L. Reed

MGMT

YES

FOR

1.11 Elect C. J. Silas

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 SP-Report on Ties to State Sponsors of Terror

YES

FOR

AGAINST

4.00 SP-Require Majority Vote to Elect Directors

YES

AGAINST

FOR

5.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Harland (John H.)

412693103

4/22/2004

1.01 Elect John J. McMahon Jr.

MGMT

YES

FOR

1.02 Elect Larry L. Prince

MGMT

YES

FOR

1.03 Elect Jesse J. Spikes

MGMT

YES

FOR

Hartford Financial Services Group Inc

HIG

416515104

5/20/2004

1.01 Elect Ramani Ayer

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Ronald E. Ferguson

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Edward J. Kelly III

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Paul G. Kirk Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Thomas M. Marra

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Gail J. McGovern

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Robert W. Selander

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Charles B. Strauss

MGMT

YES

W’HOLD

AGAINST

1.09 Elect H. Patrick Swygert

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Gordon I. Ulmer

MGMT

YES

W’HOLD

AGAINST

1.11 Elect David K. Zwiener

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Hasbro Inc

HAS

418056107

5/20/2004

1.01 Elect Alan R. Batkin

MGMT

YES

FOR

1.02 Elect Frank J. Biondi Jr.

MGMT

YES

FOR

1.03 Elect John M. Connors Jr.

MGMT

YES

FOR

1.04 Elect Jack M. Greenberg

MGMT

YES

FOR

1.05 Elect Alan G. Hassenfeld

MGMT

YES

FOR

1.06 Elect Claudine B. Malone

MGMT

YES

FOR

1.07 Elect Edward M. Philip

MGMT

YES

FOR

1.08 Elect Paula Stern

MGMT

YES

FOR

1.09 Elect Alfred J. Verrecchia

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Monitor/Adopt ILO Conventions

YES

FOR

AGAINST

Heinz (H.J.)

HNZ

423074103

9/12/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Hibernia

HIB

428656102

4/21/2004

1.01 Elect E. R. Campbell

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Richard W. Freeman Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Randall E. Howard

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Elton R. King

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

HON Industries

HNI

438092108

5/4/2004

1.01 Elect John A. Halbrook

MGMT

YES

FOR

1.02 Elect Dennis J. Martin

MGMT

YES

FOR

1.03 Elect Jack D. Michaels

MGMT

YES

FOR

1.04 Elect Abbie J. Smith

MGMT

YES

FOR

2.00 Approve Name Change

MGMT

YES

FOR

3.00 Repeal Fair Price Provision

MGMT

YES

FOR

Houston Exploration

THX

442120101

6/3/2004

1.01 Elect Robert B. Catell

MGMT

YES

W’HOLD

AGAINST

1.02 Elect John U. Clarke

MGMT

YES

FOR

1.03 Elect David G. Elkins

MGMT

YES

FOR

1.04 Elect Robert J. Fani

MGMT

YES

W’HOLD

AGAINST

1.05 Elect William G. Hargett

MGMT

YES

FOR

1.06 Elect Harold R. Logan Jr.

MGMT

YES

FOR

1.07 Elect Gerald Luterman

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Stephen W. McKessy

MGMT

YES

FOR

1.09 Elect H. Neil Nichols

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Donald C. Vaughn

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Hudson United Bancorp

444165104

4/21/2004

1.01 Elect Directors

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Award Plan

MGMT

YES

AGAINST

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Humana

HUM

444859102

4/22/2004

1.01 Elect David A. Jones

MGMT

YES

W’HOLD

AGAINST

1.02 Elect David A. Jones Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Frank A. D’Amelio

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Michael E. Gellert

MGMT

YES

W’HOLD

AGAINST

1.05 Elect John R. Hall

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Kurt J. Hilzinger

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Michael B. McCallister

MGMT

YES

W’HOLD

AGAINST

1.08 Elect W. Ann Reynolds

MGMT

YES

W’HOLD

AGAINST

Huntington Bancshares

HBAN

446150104

4/27/2004

1.01 Elect Karen A. Holbrook

MGMT

YES

W’HOLD

AGAINST

1.02 Elect David P. Lauer

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Kathleen H. Ransier

MGMT

YES

W’HOLD

AGAINST

1.04 Elect David L. Porteous

MGMT

YES

W’HOLD

AGAINST

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Hutchinson Technology

HTCH

448407106

1/28/2004

1.01 Elect W. Thomas Brunberg

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Archibald Cox Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Wayne M. Fortun

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jeffrey W. Green

MGMT

YES

W’HOLD

AGAINST

1.06 Elect R. Frederick McCoy Jr.

MGMT

YES

W’HOLD

AGAINST

1.07 Elect William T. Monahan

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Richard B. Solum

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Idex

IEX

45167R104

3/23/2004

1.01 Elect Paul E. Raether

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Neil A. Springer

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Dennis K. Williams

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

IMS Health

449934108

5/7/2004

1.01 Elect James D. Edwards

MGMT

YES

W’HOLD

AGAINST

1.02 Elect David M. Thomas

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William C. Van Faasen

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

4.00 SP-Golden Parachutes

YES

FOR

AGAINST

IndyMac Bancorp

NDE

456607100

4/28/2004

1.01 Elect Michael W. Perry

MGMT

YES

FOR

1.02 Elect Louis E. Caldera

MGMT

YES

FOR

1.03 Elect Lyle E. Gramley

MGMT

YES

FOR

1.04 Elect Hugh M. Grant

MGMT

YES

FOR

1.05 Elect Patrick C. Haden

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Terrance G. Hodel

MGMT

YES

FOR

1.07 Elect Robert L. Hunt II

MGMT

YES

FOR

1.08 Elect James R. Ukropina

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Information Holdings

IHI

456727106

4/20/2004

1.01 Elect Michael E. Danziger

MGMT

YES

W’HOLD

AGAINST

1.02 Elect David R. Haas

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Keith B. Jarrett

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Sidney Lapidus

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Martin D. Payson

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Mason P. Slaine

MGMT

YES

W’HOLD

AGAINST

1.07 Elect John L. Vogelstein

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Innkeepers USA Trust

KPA

4576J0104

5/5/2004

1.01 Elect Randy L. Churchey

MGMT

YES

FOR

1.02 Elect Jack P. DeBoer

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Joel F. Zemans

MGMT

YES

FOR

Intel Corp

INTC

458140100

5/19/2004

1.01 Elect Craig R. Barrett

MGMT

YES

FOR

1.02 Elect Charlene Barshefsky

MGMT

YES

W’HOLD

AGAINST

1.03 Elect E. John P. Browne

MGMT

YES

FOR

1.04 Elect Andrew S. Grove

MGMT

YES

W’HOLD

AGAINST

1.05 Elect D. James Guzy

MGMT

YES

FOR

1.06 Elect Reed E. Hundt

MGMT

YES

FOR

1.07 Elect Paul S. Otellini

MGMT

YES

W’HOLD

AGAINST

1.08 Elect David S. Pottruck

MGMT

YES

FOR

1.09 Elect Jane E. Shaw

MGMT

YES

FOR

1.10 Elect John L. Thornton

MGMT

YES

FOR

1.11 Elect David B. Yoffie

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Expense Stock Options

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Award Performance-based Stock Options

YES

FOR

AGAINST

International Business Machines

IBM

459200101

4/27/2004

1.01 Elect Cathleen P. Black

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Kenneth I. Chenault

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Carlos Ghosn

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Nannerl O. Keohane

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Charles F. Knight

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Lucio A. Noto

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Samuel J. Palmisano

MGMT

YES

W’HOLD

AGAINST

1.08 Elect John B. Slaughter

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Joan E. Spero

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Sidney Taurel

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Charles M. Vest

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Lorenzo H. Zambrano

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Ratify Auditors for Business Unit

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

6.00 SP-Provide Pension Choices

YES

FOR

AGAINST

7.00 SP-Pension Fund Surplus

YES

AGAINST

FOR

8.00 SP-Expense Stock Options

YES

FOR

AGAINST

9.00 SP-Disclose Executive Compensation

YES

FOR

AGAINST

10.00 SP-China—Adopt Code of Conduct

YES

FOR

AGAINST

11.00 SP-Review Political Spending

YES

FOR

AGAINST

12.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

International Paper Co

460146103

5/11/2004

1.01 Elect Martha F. Brooks

MGMT

YES

FOR

1.02 Elect James A. Henderson

MGMT

YES

FOR

1.03 Elect Robert D. Kennedy

MGMT

YES

FOR

1.04 Elect W. Craig McClelland

MGMT

YES

FOR

1.05 Elect Robert M. Amen

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Stock Option Plan

MGMT

YES

AGAINST

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 SP-Cap Executive Pay

YES

FOR

AGAINST

Inter-Tel

INTL

458372109

4/27/2004

1.01 Elect Steven G. Mihaylo

MGMT

YES

W’HOLD

AGAINST

1.02 Elect J. Robert Anderson

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Jerry W. Chapman

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Gary D. Edens

MGMT

YES

W’HOLD

AGAINST

1.05 Elect C. Roland Haden

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGAINST

Invacare Corp

IVC

461203101

5/26/2004

1.01 Elect Gerald B. Blouch

MGMT

YES

W’HOLD

AGAINST

1.02 Elect John R. Kasich

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Dan T. Moore III

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Joseph B. Richey II

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Iron Mountain Inc

IRM

462846106

5/27/2004

1.01 Elect Clarke H. Bailey

MGMT

YES

FOR

1.02 Elect Constantin R. Boden

MGMT

YES

FOR

1.03 Elect Kent P. Dauten

MGMT

YES

FOR

1.04 Elect B. Thomas Golisano

MGMT

YES

FOR

1.05 Elect John F. Kenny Jr.

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Arthur D. Little

MGMT

YES

FOR

1.07 Elect C. Richard Reese

MGMT

YES

FOR

1.08 Elect Vincent J. Ryan

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

IStar Financial

SFI

45031U101

5/25/2004

1.01 Elect Jay Sugarman

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Willis Andersen Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert W. Holman Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Robin Josephs

MGMT

YES

W’HOLD

AGAINST

1.05 Elect John G. McDonald

MGMT

YES

W’HOLD

AGAINST

1.06 Elect George R. Puskar

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Jeffrey A. Weber

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

3.00 Approve Executive Investment Program

MGMT

YES

ABSTAIN

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

ITT Educational Services

ESI

45068B109

5/4/2004

1.01 Elect Rene R. Champagne

MGMT

YES

FOR

1.02 Elect John F. Cozzi

MGMT

YES

FOR

1.03 Elect James D. Fowler Jr.

MGMT

YES

FOR

1.04 Elect Harris N. Miller

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

Johnson & Johnson

JNJ

478160104

4/22/2004

1.01 Elect Gerard N. Burrow

MGMT

YES

FOR

1.02 Elect Mary S. Coleman

MGMT

YES

FOR

1.03 Elect James G. Cullen

MGMT

YES

FOR

1.04 Elect Robert J. Darretta

MGMT

YES

FOR

1.05 Elect M. Judah Folkman

MGMT

YES

FOR

1.06 Elect Ann Dibble Jordan

MGMT

YES

FOR

1.07 Elect Arnold G. Langbo

MGMT

YES

FOR

1.08 Elect Susan L. Lindquist

MGMT

YES

FOR

1.09 Elect Leo F. Mullin

MGMT

YES

FOR

1.10 Elect Steven S. Reinemund

MGMT

YES

FOR

1.11 Elect David Satcher

MGMT

YES

FOR

1.12 Elect Henry B. Schacht

MGMT

YES

FOR

1.13 Elect William C. Weldon

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Limit or End Charitable Giving

YES

AGAINST

FOR

Johnson Controls

JCI

478366107

1/28/2004

1.01 Elect Robert L. Barnett

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Willie D. Davis

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Jeffrey A. Joerres

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Richard F. Teerlink

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

4.00 Amend Annual Bonus Plan

MGMT

YES

AGAINST

5.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

6.00 Add Shares to Stock Award Plan

MGMT

YES

FOR

Kansai Electric Power Co Inc

9503

6483489

6/29/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Statutory Auditors

MGMT

YES

FOR

4.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

4.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

5.00 SP-Reduce Maximum Board Size to 15

YES

AGAINST

FOR

6.00 SP-Reduce Statutory Auditor Board Size, + NGO Rep

YES

AGAINST

FOR

7.00 SP-Support Efforts Against Global Warming

YES

ABSTAIN

AGAINST

8.00 SP-Phase Out Nuclear Power

YES

ABSTAIN

AGAINST

9.00 SP-Draft and Adhere to a Corp. Ethics Charter

YES

ABSTAIN

AGAINST

10.00 SP-Improve Labor Practices

YES

ABSTAIN

AGAINST

11.00 SP-Don’t Cut Lifeline Programs in Recessions

YES

ABSTAIN

AGAINST

12.00 SP-Increase Dividend

YES

ABSTAIN

AGAINST

13.00 SP-Oust Director(s)

YES

ABSTAIN

AGAINST

14.00 SP-Reduce Board Size and Term in Office

YES

ABSTAIN

AGAINST

15.00 SP-Set Up Board Compensation Committee

YES

ABSTAIN

AGAINST

16.00 SP-Phase Out Nuclear Power

YES

ABSTAIN

AGAINST

17.00 SP-Set Up Committee on Donations

YES

ABSTAIN

AGAINST

18.00 SP-Committee on Abandoning Nuc., Large-Scale Power

YES

ABSTAIN

AGAINST

19.00 SP-Phase Out Nuclear Power

YES

ABSTAIN

AGAINST

20.00 SP-Phase Out Nuclear Power

YES

ABSTAIN

AGAINST

Kerr-McGee Corp

KMG

492386107

5/11/2004

1.01 Elect William E. Bradford

MGMT

YES

FOR

1.02 Elect Luke R. Corbett

MGMT

YES

FOR

1.03 Elect David C. Genever-Watling

MGMT

YES

FOR

1.04 Elect Farah M. Walters

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Indep. Director-Shareholder Dialogue

YES

AGAINST

FOR

Kerr-McGee Corp

KMG

492386107

6/25/2004

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

KeyCorp

KEY

493267108

5/13/2004

1.01 Elect Alexander M. Cutler

MGMT

YES

FOR

1.02 Elect Douglas J. McGregor

MGMT

YES

FOR

1.03 Elect Eduardo R. Menasce

MGMT

YES

FOR

1.04 Elect Henry L. Meyer III

MGMT

YES

FOR

1.05 Elect Peter G. Ten Eyck II

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Kimberly-Clark

KMB

494368103

4/29/2004

1.01 Elect Pastora San Juan Cafferty

MGMT

YES

FOR

1.02 Elect Claudio X. Gonzalez Laporte

MGMT

YES

FOR

1.03 Elect Linda Johnson Rice

MGMT

YES

FOR

1.04 Elect Marc J. Shapiro

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

Koger Equity

500228101

6/3/2004

1.01 Elect D. Pike Aloian

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Benjamin C. Bishop Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Thomas J. Crocker

MGMT

YES

W’HOLD

AGAINST

1.04 Elect David B. Hiley

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Victor A. Hughes Jr.

MGMT

YES

W’HOLD

AGAINST

1.06 Elect George F. Staudter

MGMT

YES

W’HOLD

AGAINST

1.07 Elect James C. Teagle

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Approve Name Change

MGMT

YES

FOR

4.00 Amend Stock Option Plan

MGMT

YES

FOR

Kosan Biosciences

KOSN

50064W107

5/27/2004

1.01 Elect Chaitan Khosla

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles J. Homcy

MGMT

YES

W’HOLD

AGAINST

Kraft Foods

KFT

50075N104

4/27/2004

1.01 Elect Loius C. Camilleri

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Roger K. Deromedi

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Dinyar S. Devitre

MGMT

YES

W’HOLD

AGAINST

1.04 Elect W. James Farrell

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Betsy D. Holden

MGMT

YES

W’HOLD

AGAINST

1.06 Elect John C. Pope

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Mary L. Shapiro

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Charles R. Wall

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Deborah C. Wright

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Kronos

KRON

501052104

2/12/2004

1.01 Elect Richard J. Dumler

MGMT

YES

FOR

1.02 Elect Samuel Rubinovitz

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 Approve Other Business

MGMT

YES

AGAINST

K-Swiss

KSWS

482686102

5/6/2004

1.01 Elect David Lewin

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Mark Louie

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

LaSalle Hotel Properties

LHO

517942108

4/22/2004

1.01 Elect Donald S. Perkins

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Stuart L. Scott

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Lear Corp

LEA

521865105

5/13/2004

1.01 Elect Larry W. McCurdy

MGMT

YES

FOR

1.02 Elect Roy E. Parrott

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard F. Wallman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

Lennar

LEN

526057104

3/30/2004

1.01 Elect Irving Bolotin

MGMT

YES

W’HOLD

AGAINST

1.02 Elect R. Kirk Landon

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Donna E. Shalala

MGMT

YES

W’HOLD

AGAINST

2.00 Approve Other Business

MGMT

YES

AGAINST

Lifepoint Hospitals Inc

LPNT

53219L109

6/15/2004

1.01 Elect DeWitt Ezell Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect William V. Lapham

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Director Stock Option Plan

MGMT

YES

FOR

3.00 Amend Director Stock Option Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Lilly (Eli)

LLY

532457108

4/19/2004

1.01 Elect Steven C. Beering

MGMT

YES

FOR

1.02 Elect Winfried F.W. Bischoff

MGMT

YES

FOR

1.03 Elect Franklyn G. Prendergast

MGMT

YES

FOR

1.04 Elect Kathi P. Seifert

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

5.00 SP-Review Drug Pricing or Distribution

YES

FOR

AGAINST

Longview Fibre

LFB

543213102

3/2/2004

1.01 Elect Robert E. Wertheimer

MGMT

YES

W’HOLD

AGAINST

1.02 Elect John R. Kretchmer

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert A. Kirchner

MGMT

YES

W’HOLD

AGAINST

2.00 SP-Study Sale or Spin-off

YES

AGAINST

FOR

Lowe’s Companies Inc

LOW

548661107

5/28/2004

1.01 Elect Leonard L. Berry

MGMT

YES

FOR

1.02 Elect Paul Fulton

MGMT

YES

FOR

1.03 Elect Dawn E. Hudson

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Marshall O. Larsen

MGMT

YES

FOR

1.05 Elect Robert A. Niblock

MGMT

YES

FOR

1.06 Elect Stephen F. Page

MGMT

YES

FOR

1.07 Elect O. Temple Sloan Jr.

MGMT

YES

FOR

1.08 Elect Robert L. Tillman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Mack Cali Realty Corp

CLI

554489104

5/20/2004

1.01 Elect Alan S. Bernikow

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Martin D. Gruss

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Vincent S. Tese

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Roy J. Zuckerberg

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Implement Policy on Related Party Transactions

YES

FOR

AGAINST

Masco Corp

MAS

574599106

5/11/2004

1.01 Elect Peter A. Dow

MGMT

YES

FOR

1.02 Elect Anthony F. Earley Jr.

MGMT

YES

FOR

1.03 Elect Wayne B. Lyon

MGMT

YES

FOR

1.04 Elect David L. Johnston

MGMT

YES

FOR

1.05 Elect J. Michael Losh

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Maxtor Corp

MXO

577729205

5/20/2004

1.01 Elect Paul J. Tufano

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles M. Boesenberg

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Michael R. Cannon

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

MBIA

MBI

55262C100

5/6/2004

1.01 Elect Joseph W. Brown

MGMT

YES

FOR

1.02 Elect C. Edward Chaplin

MGMT

YES

FOR

1.03 Elect David C. Clapp

MGMT

YES

FOR

1.04 Elect Gary C. Dunton

MGMT

YES

FOR

1.05 Elect Claire L. Gaudiani

MGMT

YES

FOR

1.06 Elect Freda S. Johnson

MGMT

YES

FOR

1.07 Elect Daniel P. Kearney

MGMT

YES

FOR

1.08 Elect James A. Lebenthal

MGMT

YES

FOR

1.09 Elect Debra J. Perry

MGMT

YES

FOR

1.10 Elect John A. Rolls

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

MBNA

KRB

55262L100

5/3/2004

1.01 Elect James H. Berick

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Benjamin R. Civiletti

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Bruce L. Hammonds

MGMT

YES

W’HOLD

AGAINST

1.04 Elect William L. Jews

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Randolph D. Lerner

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Stuart L. Markowitz

MGMT

YES

W’HOLD

AGAINST

1.07 Elect William B. Milstead

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 SP-Expense Stock Options

YES

FOR

AGAINST

4.00 SP-Increase Board Independence

YES

FOR

AGAINST

MBT Financial

MBTF

578877102

5/6/2004

1.01 Elect Connie S. Cape

MGMT

YES

W’HOLD

AGAINST

1.02 Elect H. Douglas Chaffin

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Joseph S. Daly

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Thomas M. Huner

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Gerald L. Kiser

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Rocque E. Lipford

MGMT

YES

W’HOLD

AGAINST

1.07 Elect William D. McIntyre Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Michael J. Miller

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Richard A. Sieb

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Philip P. Swy

MGMT

YES

W’HOLD

AGAINST

2.00 Eliminate Supermajority Requirement

MGMT

YES

FOR

McDonald’s Corp

MCD

580135101

5/20/2004

1.01 Elect Edward A. Brennan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Walter E. Massey

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John W. Rogers Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Anne-Marie Slaughter

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Roger W. Stone

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Stock Option Plan

MGMT

YES

AGAINST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

McKesson

MCK

58155Q103

7/30/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

YES

FOR

AGAINST

MDU Resources Group

MDU

552690109

4/27/2004

1.01 Elect Dennis W. Johnson

MGMT

YES

FOR

1.02 Elect John L. Olson

MGMT

YES

FOR

1.03 Elect Martin A. White

MGMT

YES

FOR

1.04 Elect John K. Wilson

MGMT

YES

FOR

2.00 Add Shares to Director Stock Option Plan

MGMT

YES

FOR

Medco Health Solutions

MHS

58405U102

4/21/2004

1.01 Elect David B. Snow, Jr.

MGMT

YES

FOR

1.02 Elect Howard W. Barker Jr.

MGMT

YES

FOR

1.03 Elect Brian L. Strom

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Merck

MRK

589331107

4/27/2004

1.01 Elect Peter C. Wendell

MGMT

YES

W’HOLD

AGAINST

1.02 Elect William G. Bowen

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William M. Daley

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Thomas E. Shenk

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Wendell P. Weeks

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

5.00 SP-Develop Ethical Criteria for Patent Extension

YES

FOR

AGAINST

6.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

7.00 SP-Review Political Spending

YES

FOR

AGAINST

8.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

AGAINST

Merrill Lynch

MER

590188108

4/23/2004

1.01 Elect David K. Newbigging

MGMT

YES

W’HOLD

AGAINST

1.02 Elect J.W. Prueher

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

4.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Michaels Stores Inc

MIK

594087108

6/17/2004

1.01 Elect Charles J. Wyly Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Sam Wyly

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard E. Hanlon

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Richard C. Marcus

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Liz Minyard

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Cece Smith

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

Moog

MOG

615394202

1/14/2004

1.00 Approve Board Size

MGMT

YES

FOR

2.01 Elect Kraig H. Kayser

MGMT

YES

W’HOLD

AGAINST

2.02 Elect Robert H. Maskrey

MGMT

YES

W’HOLD

AGAINST

2.03 Elect Albert F. Myers

MGMT

YES

W’HOLD

AGAINST

2.04 Elect Raymond W. Boushie

MGMT

YES

W’HOLD

AGAINST

2.05 Elect Robert R. Banta

MGMT

YES

W’HOLD

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Morgan Stanley

MWD

617446448

4/20/2004

1.01 Elect John W. Madigan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Klaus Zumwinkel

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Howard Davies

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

4.00 SP-Golden Parachutes

YES

FOR

AGAINST

5.00 SP-Review Political Spending

YES

FOR

AGAINST

Motorola

MOT

620076109

5/3/2004

1.01 Elect Edward J. Zander

MGMT

YES

W’HOLD

AGAINST

1.02 Elect H. Laurance Fuller

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Judy C. Lewent

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Walter E. Massey

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Nicholas Negroponte

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Indra K. Nooyi

MGMT

YES

W’HOLD

AGAINST

1.07 Elect John E. Pepper Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Samuel C. Scott III

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Douglas A. Warner III

MGMT

YES

W’HOLD

AGAINST

1.10 Elect John A. White

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Mike S. Zafirovski

MGMT

YES

W’HOLD

AGAINST

2.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Nacco Industries

629579103

5/12/2004

1.01 Elect Owsley Brown II

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Robert M. Gates

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Leon J. Hendrix Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect David H. Hoag

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Dennis W. LaBarre

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Richard de J. Osborne

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Alfred M. Rankin Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Ian M. Ross

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Michael E. Shannon

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Britton T. Taplin

MGMT

YES

W’HOLD

AGAINST

1.11 Elect David F. Taplin

MGMT

YES

W’HOLD

AGAINST

1.12 Elect John F. Turben

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Netgear

NTGR

64111Q104

6/16/2004

1.01 Elect Patrick C.S. Lo

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Ralph E. Faison

MGMT

YES

W’HOLD

AGAINST

1.03 Elect A. Timothy Godwin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Linwood A. Lacy, Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Gerald A. Poch

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Gregory J. Rossmann

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Stephen D. Royer

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Network Appliance

NTAP

64120L104

9/2/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 Approve Other Business

MGMT

YES

AGAINST

Neurogen

NRGN

64124E106

4/19/2004

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

Nextel Communications

NXTL

65332V103

5/27/2004

1.01 Elect Keith Bane

MGMT

YES

FOR

1.02 Elect Janet Hill

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

Nike -Cl B

NKE

654106103

9/22/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Nu Skin Enterprises

NUS

67018T105

5/17/2004

1.01 Elect Blake M. Roney

MGMT

YES

W’HOLD

AGAINST

1.02 Elect M. Truman Hunt

MGMT

YES

FOR

1.03 Elect Sandra N. Tillotson

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Edwin J. Garn

MGMT

YES

FOR

1.05 Elect Paula Hawkins

MGMT

YES

FOR

1.06 Elect Daniel W. Campbell

MGMT

YES

FOR

1.07 Elect Andrew D. Lipman

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Jose Ferreira, Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Ocular Sciences

OCLR

675744106

5/21/2004

1.01 Elect Edgar J. Cummins

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Stephen J. Fanning

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John D. Fruth

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Terence M. Fruth

MGMT

YES

W’HOLD

AGAINST

1.05 Elect William R. Grant

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Terrance H. Gregg

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Howard P. Liszt

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Mary J. Potter

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Old Republic International Corp

ORI

680223104

5/28/2004

1.01 Elect Jimmy A. Dew

MGMT

YES

W’HOLD

AGAINST

1.02 Elect John M. Dixon

MGMT

YES

FOR

1.03 Elect Wilbur S. Legg

MGMT

YES

FOR

1.04 Elect John W. Popp

MGMT

YES

FOR

Omega Healthcare Investors

OHI

681936100

6/3/2004

1.01 Elect Edward Lowenthal

MGMT

YES

FOR

1.02 Elect Stephen D. Plavin

MGMT

YES

FOR

2.00 Increase Authorized Preferred Stock

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Omnicom Group

OMC

681919106

5/25/2004

1.01 Elect John D. Wren

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Bruce Crawford

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert Charles Clark

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Leonard S. Coleman Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Errol M. Cook

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Susan S. Denison

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Michael A. Henning

MGMT

YES

W’HOLD

AGAINST

1.08 Elect John R. Murphy

MGMT

YES

W’HOLD

AGAINST

1.09 Elect John R. Purcell

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Linda Johnson Rice

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Gary L. Roubos

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

On Semiconductor Corp

ONNN

682189105

5/19/2004

1.01 Elect J. Daniel McCranie

MGMT

YES

FOR

1.02 Elect Kevin Burns

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Justin T. Chang

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Emmanuel T. Hernandez

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Amend Authorized Preferred Stock

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Pactiv Corp

PTV

695257105

5/14/2004

1.01 Elect Larry D. Brady

MGMT

YES

W’HOLD

AGAINST

1.02 Elect K. Dane Brooksher

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert J. Darnall

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Mary R. (Nina) Henderson

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Roger B. Porter

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Richard L. Wambold

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Norman H. Wesley

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Penney (J C) Co

JCP

708160106

5/14/2004

1.01 Elect Colleen C. Barrett

MGMT

YES

W’HOLD

AGAINST

1.02 Elect M. Anthony Burns

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Maxine K. Clark

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Allen Questrom

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Pentair

PNR

709631105

4/30/2004

1.01 Elect Glynis A. Bryan

MGMT

YES

FOR

1.02 Elect David A. Jones

MGMT

YES

FOR

1.03 Elect William T. Monahan

MGMT

YES

FOR

1.04 Elect Karen E. Welke

MGMT

YES

FOR

2.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Stock Option Plan

MGMT

YES

AGAINST

4.00 Adopt Employee Stock Purchase Plan

MGMT

YES

AGAINST

5.00 Adopt Employee Stock Purchase Plan

MGMT

YES

AGAINST

6.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Pepsi Bottling Group Inc

PBG

713409100

5/26/2004

1.01 Elect Linda G. Alvarado

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Barry H. Beracha

MGMT

YES

FOR

1.03 Elect John T. Cahill

MGMT

YES

FOR

1.04 Elect Ira D. Hall

MGMT

YES

FOR

1.05 Elect Thomas H. Kean

MGMT

YES

FOR

1.06 Elect Susan D. Kronick

MGMT

YES

FOR

1.07 Elect Blythe J. McGarvie

MGMT

YES

FOR

1.08 Elect Margaret D. Moore

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Rogelio Rebolledo

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Clay G. Small

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

PepsiAmericas

PAS

71343P200

4/22/2004

1.01 Elect Brenda C. Barnes

MGMT

YES

FOR

1.02 Elect Herbert M. Baum

MGMT

YES

FOR

1.03 Elect Richard G. Cline

MGMT

YES

FOR

1.04 Elect Pierre S. du Pont IV

MGMT

YES

FOR

1.05 Elect Archie R. Dykes

MGMT

YES

FOR

1.06 Elect Jarobin Gilbert Jr.

MGMT

YES

FOR

1.07 Elect Matthew M. McKenna

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Lionel L. Nowell III

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Robert C. Pohlad

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

5.00 SP-Control Generation of Pollutants

YES

FOR

AGAINST

PepsiCo

PEP

713448108

5/5/2004

1.01 Elect John F. Akers

MGMT

YES

FOR

1.02 Elect Robert E. Allen

MGMT

YES

FOR

1.03 Elect Ray L. Hunt

MGMT

YES

FOR

1.04 Elect Arthur C. Martinez

MGMT

YES

FOR

1.05 Elect Indra K. Nooyi

MGMT

YES

FOR

1.06 Elect Franklin D. Raines

MGMT

YES

FOR

1.07 Elect Steven S. Reinemund

MGMT

YES

FOR

1.08 Elect Sharon Percy Rockefeller

MGMT

YES

FOR

1.09 Elect James J. Schiro

MGMT

YES

FOR

1.10 Elect Franklin A. Thomas

MGMT

YES

FOR

1.11 Elect Cynthia M. Trudell

MGMT

YES

FOR

1.12 Elect Solomon D. Trujillo

MGMT

YES

FOR

1.13 Elect Daniel Vasella

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Review Political Spending

YES

AGAINST

FOR

5.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

AGAINST

Perrigo

PRGO

714290103

10/28/2003

1.00 Elect Directors

MGMT

YES

W’HOLD
SOME

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Per-Se Technologies Inc

PSTIE

713569309

6/7/2004

1.01 Elect Steven A. George

MGMT

YES

FOR

1.02 Elect David R. Holbrooke

MGMT

YES

FOR

1.03 Elect Craig Macnab

MGMT

YES

FOR

1.04 Elect David E. McDowell

MGMT

YES

FOR

1.05 Elect Philip M. Pead

MGMT

YES

FOR

1.06 Elect John C. Pope

MGMT

YES

FOR

1.07 Elect C. Christopher Trower

MGMT

YES

FOR

1.08 Elect Jeffrey W. Ubben

MGMT

YES

FOR

Pfizer

PFE

717081103

4/22/2004

1.01 Elect Michael S. Brown

MGMT

YES

W’HOLD

AGAINST

1.02 Elect M. Anthony Burns

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert N. Burt

MGMT

YES

W’HOLD

AGAINST

1.04 Elect W. Don Cornwell

MGMT

YES

W’HOLD

AGAINST

1.05 Elect William H. Gray III

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Constance J. Horner

MGMT

YES

W’HOLD

AGAINST

1.07 Elect William R. Howell

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Stanley O. Ikenberry

MGMT

YES

W’HOLD

AGAINST

1.09 Elect George A. Lorch

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Henry A. McKinnell Jr.

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Dana G. Mead

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Franklin D. Raines

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Ruth J. Simmons

MGMT

YES

W’HOLD

AGAINST

1.14 Elect William C. Steere Jr.

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Jean-Paul Valles

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Review AIDS Pandemic’s Impact on Company

YES

FOR

AGAINST

5.00 SP-Limit or End Political Spending

YES

AGAINST

FOR

6.00 SP-Review Political Spending

YES

FOR

AGAINST

7.00 SP-Director Tenure/Retirement Age

YES

AGAINST

FOR

8.00 SP-Review Drug Pricing or Distribution

YES

FOR

AGAINST

9.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

10.00 SP-Review or Promote Animal Welfare

YES

FOR

AGAINST

Pinnacle Airlines

PNCL

723443107

5/14/2004

1.01 Elect James E. McGehee Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Philip H. Trenary

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert A. Peiser

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

Pinnacle West Capital

PNW

723484101

5/19/2004

1.01 Elect Roy A. Herberger, Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Humberto S. Lopez

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Kathryn L. Munro

MGMT

YES

W’HOLD

AGAINST

1.04 Elect William L. Stewart

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Nuclear Facility/Waste

YES

FOR

AGAINST

Pitney Bowes

PBI

724479100

5/10/2004

1.01 Elect Linda G. Alvarado

MGMT

YES

FOR

1.02 Elect Ernest Green

MGMT

YES

FOR

1.03 Elect John S. McFarlane

MGMT

YES

FOR

1.04 Elect Eduardo R. Menasce

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Political Spending

YES

FOR

AGAINST

PPG Industries

PPG

693506107

4/15/2004

1.01 Elect James G. Berges

MGMT

YES

FOR

1.02 Elect Erroll B. Davis Jr.

MGMT

YES

FOR

1.03 Elect Victoria F. Haynes

MGMT

YES

FOR

1.04 Elect Allen J. Krowe

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

PPL

69351T106

4/23/2004

1.01 Elect William F. Hecht

MGMT

YES

FOR

1.02 Elect Stuart Heydt

MGMT

YES

FOR

1.03 Elect W. Keith Smith

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Praxair

74005P104

4/27/2004

1.01 Elect Alejandro Achaval

MGMT

YES

FOR

1.02 Elect Ronald L. Kuehn Jr.

MGMT

YES

FOR

1.03 Elect H. Mitchell Watson Jr.

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

4.00 Adopt Poison Pill

MGMT

YES

AGAINST

Precision Castparts

PCP

740189105

8/13/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

Progress Software

PRGS

743312100

4/22/2004

1.00 Approve Board Size

MGMT

YES

FOR

2.01 Elect Joseph W. Alsop

MGMT

YES

W’HOLD

AGAINST

2.02 Elect Larry R. Harris

MGMT

YES

W’HOLD

AGAINST

2.03 Elect Roger J. Heinen Jr.

MGMT

YES

W’HOLD

AGAINST

2.04 Elect Michael L. Mark

MGMT

YES

W’HOLD

AGAINST

2.05 Elect Scott A. McGregor

MGMT

YES

W’HOLD

AGAINST

2.06 Elect Amram Rasiel

MGMT

YES

W’HOLD

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

Qwest Communications International

749121109

12/16/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

2.00 Amend Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 SP-Pension Fund Surplus

YES

FOR

4.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

5.00 SP-Golden Parachutes

YES

FOR

6.00 SP-Increase Board Independence

YES

FOR

AGAINST

7.00 SP-Award Performance-based Stock Opt

YES

FOR

AGAINST

8.00 SP-Award Performance-based Stock Opt

YES

AGAINST

FOR

9.00 SP-Expense Stock Options

YES

FOR

AGAINST

R&G Financial

RGF

749136107

4/23/2004

1.01 Elect Victor L. Galan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Rafael Nin

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Benigno Fernandez

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

2.00 Increase Authorized Dual Class Stock

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Rainbow Technologies

RNBO

750862104

3/15/2004

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Adjourn Meeting

MGMT

YES

FOR

Rayonier Inc

RYN

754907103

5/20/2004

1.01 Elect Ronald M. Gross

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Thomas I. Morgan

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Katherine D. Ortega

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Stock Option Plan

MGMT

YES

AGAINST

Rayovac

ROV

755081106

7/23/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Regions Financial Corp

758940100

6/8/2004

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect Margaret H. Greene

MGMT

YES

W’HOLD

AGAINST

2.02 Elect Carl E. Jones Jr.

MGMT

YES

FOR

2.03 Elect Susan Matlock

MGMT

YES

FOR

2.04 Elect John H. Watson

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 Adjourn Meeting

MGMT

YES

FOR

5.00 SP-Require Majority Vote to Elect Directors

YES

AGAINST

FOR

Reinsurance Group of America Inc

RGA

759351109

5/26/2004

1.01 Elect William J. Bartlett

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Alan C. Henderson

MGMT

YES

W’HOLD

AGAINST

1.03 Elect A. Greig Woodring

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Eliminate Dual Class Stock

MGMT

YES

FOR

4.00 Approve Board Size

MGMT

YES

FOR

5.00 Approve Non-Technical Charter Amendments

MGMT

YES

AGAINST

6.00 Amend Director Liability Provision

MGMT

YES

AGAINST

7.00 Approve Common Stock Issuance

MGMT

YES

FOR

7.00 Approve Issuance/Conversion of Pref’d Stock

MGMT

YES

FOR

7.00 Approve Warrants Exercisable for Common Stock

MGMT

YES

FOR

8.00 Amend Stock Option Plan

MGMT

YES

FOR

Rent-A-Center Inc

RCII

76009N100

5/19/2004

1.01 Elect Mitchell E. Fadel

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Peter P. Copses

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Mary Elizabeth Burton

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

Republic Services Inc

RSG

760759100

5/11/2004

1.01 Elect James E. O’Connor

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Harris W. Hudson

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John W. Croghan

MGMT

YES

W’HOLD

AGAINST

1.04 Elect W. Lee Nutter

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Ramon A. Rodriguez

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Allan C. Sorensen

MGMT

YES

W’HOLD

AGAINST

2.00 Adjourn Meeting

MGMT

YES

FOR

Respironics

RESP

761230101

11/18/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

Rockwell Collins

COL

774341101

2/10/2004

1.01 Elect Donald R. Beall

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Richard J. Ferris

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Rofin Sinar Technologies

RSTI

775043102

3/18/2004

1.01 Elect Carl F. Baasel

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Gary K. Willis

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Daniel J Smoke

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Ruddick

RDK

781258108

2/19/2004

1.01 Elect Alan T. Dickson

MGMT

YES

FOR

1.02 Elect Anna Spangler Nelson

MGMT

YES

FOR

1.03 Elect Bailey W. Patrick

MGMT

YES

FOR

1.04 Elect Robert H. Spilman Jr.

MGMT

YES

FOR

Ryder System

783549108

5/7/2004

1.01 Elect John M. Berra

MGMT

YES

FOR

1.02 Elect David I. Fuente

MGMT

YES

FOR

1.03 Elect Eugene A. Renna

MGMT

YES

FOR

1.04 Elect Abbie J. Smith

MGMT

YES

FOR

1.05 Elect Christine A. Varney

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Ryland Group

RYL

783764103

4/21/2004

1.01 Elect R. Chad Dreier

MGMT

YES

FOR

1.02 Elect Daniel T. Bane

MGMT

YES

FOR

1.03 Elect Leslie M. Frecon

MGMT

YES

FOR

1.04 Elect Roland A. Hernandez

MGMT

YES

FOR

1.05 Elect William L. Jews

MGMT

YES

FOR

1.06 Elect Ned Mansour

MGMT

YES

FOR

1.07 Elect Robert E. Mellor

MGMT

YES

FOR

1.08 Elect Norman J. Metcalfe

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Charlotte St. Martin

MGMT

YES

FOR

1.10 Elect Paul J. Varello

MGMT

YES

W’HOLD

AGAINST

1.11 Elect John O. Wilson

MGMT

YES

FOR

2.00 Adopt Director Stock Option Plan

MGMT

YES

FOR

3.00 SP-Report on Sustainability

YES

FOR

AGAINST

Saks Inc

SKS

79377W108

6/8/2004

1.01 Elect Stanton J. Bluestone

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Robert B. Carter

MGMT

YES

FOR

1.03 Elect Julius W. Erving II

MGMT

YES

FOR

1.04 Elect Donald E. Hess

MGMT

YES

W’HOLD

AGAINST

1.05 Elect George L. Jones

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Stephen I. Sadove

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

5.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

SBC Communications

SBC

78387G103

4/30/2004

1.01 Elect James E. Barnes

MGMT

YES

FOR

1.02 Elect James A. Henderson

MGMT

YES

FOR

1.03 Elect John B. McCoy

MGMT

YES

FOR

1.04 Elect S. Donley Ritchey

MGMT

YES

FOR

1.05 Elect Joyce M. Roche

MGMT

YES

FOR

1.06 Elect Patricia P. Upton

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Review Political Spending

YES

FOR

AGAINST

5.00 SP-Reduce Board Size

YES

AGAINST

FOR

Schering-Plough

SGP

806605101

4/27/2004

1.01 Elect Fred Hassan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Philip Leder

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Eugene R. McGrath

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Richard de J. Osborne

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Senior Housing Properties Trust

SNH

81721M109

5/11/2004

1.01 Elect John L. Harrington

MGMT

YES

FOR

1.02 Elect Gerard M. Martin

MGMT

YES

W’HOLD

AGAINST

Sherwin-Williams

SHW

824348106

4/28/2004

1.01 Elect James C. Boland

MGMT

YES

W’HOLD

AGAINST

1.02 Elect John G. Breen

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Duane E. Collins

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Christopher M. Connor

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Daniel E. Evans

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Susan J. Kropf

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Robert W. Mahoney

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Gary E. McCullough

MGMT

YES

W’HOLD

AGAINST

1.09 Elect A. Malachi Mixon III

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Curtis E. Moll

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Joseph M. Scaminace

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Richard K. Smucker

MGMT

YES

W’HOLD

AGAINST

2.00 Approve Non-Technical Charter Amendments

MGMT

YES

AGAINST

3.00 Adopt Advance Notice Requirement

MGMT

YES

FOR

4.00 Adopt Advance Notice Requirement

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Siliconix

SILI

827079203

6/10/2004

1.01 Elect Hanspeter Eberhardt

MGMT

YES

W’HOLD

AGAINST

1.02 Elect King Owyang

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Glyndwr Smith

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Timothy V. Talbert

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Thomas C. Wertheimer

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

SourceCorp Inc

SRCP

836167106

5/26/2004

1.01 Elect Thomas C. Walker

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Ed H. Bowman, Jr.

MGMT

YES

FOR

1.03 Elect David Lowenstein

MGMT

YES

W’HOLD

AGAINST

1.04 Elect G. Michael Bellenghi

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Michael J. Bradley

MGMT

YES

FOR

1.06 Elect Donald F. Moorehead Jr.

MGMT

YES

FOR

1.07 Elect Edward M. Rowell

MGMT

YES

FOR

Sprint

FON

852061100

4/20/2004

1.01 Elect Gordon M. Bethune

MGMT

YES

FOR

1.02 Elect E. Linn Draper Jr.

MGMT

YES

FOR

1.03 Elect Deborah A. Henretta

MGMT

YES

FOR

1.04 Elect Linda Koch Lorimer

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Award Performance-based Stock Options

YES

FOR

AGAINST

4.00 SP-Cap Executive Pay

YES

FOR

AGAINST

5.00 SP-Independent Board Chairman

YES

FOR

AGAINST

6.00 SP-Report on Risk to Image of Globalization Strate

YES

FOR

AGAINST

SPX

SPW

784635104

4/28/2004

1.01 Elect Sarah R. Coffin

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles E. Johnson II

MGMT

YES

W’HOLD

AGAINST

1.03 Elect David P. Williams

MGMT

YES

W’HOLD

AGAINST

St. Paul

SPC

792860108

3/19/2004

1.00 Approve Common Stock Issuance

MGMT

YES

NOT VOTED

AGAINST

1.00 Approve Merger/Acquisition

MGMT

YES

NOT VOTED

AGAINST

2.00 Approve Non-Technical Bylaw Amendments

MGMT

YES

NOT VOTED

AGAINST

3.00 Approve Name Change

MGMT

YES

NOT VOTED

AGAINST

3.00 Approve Non-Technical Charter Amendments

MGMT

YES

NOT VOTED

AGAINST

3.00 Increase Authorized Common Stock

MGMT

YES

NOT VOTED

AGAINST

4.00 Eliminate Supermajority Requirement

MGMT

YES

NOT VOTED

AGAINST

Stage Stores Inc

STGS

85254C305

6/3/2004

1.01 Elect James Scarborough

MGMT

YES

FOR

1.02 Elect Michael McCreery

MGMT

YES

FOR

1.03 Elect Scott Davido

MGMT

YES

FOR

1.04 Elect Alan Gilman

MGMT

YES

FOR

1.05 Elect Michael L. Glazer

MGMT

YES

FOR

1.06 Elect John Mentzer

MGMT

YES

FOR

1.07 Elect Walter J. Salmon

MGMT

YES

FOR

1.08 Elect Margaret T. Monaco

MGMT

YES

FOR

1.09 Elect William Montgoris

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

4.00 Amend Stock Option Plan

MGMT

YES

AGAINST

Standard Pacific Corp

SPF

85375C101

5/12/2004

1.01 Elect Andrew H. Parnes

MGMT

YES

W’HOLD

AGAINST

1.02 Elect James L. Doti

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Frank E. O Bryan

MGMT

YES

W’HOLD

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

FOR

Stanley Furniture

STLY

854305208

4/14/2004

1.01 Elect Thomas L. Millner

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Jeffrey R. Scheffer

MGMT

YES

W’HOLD

AGAINST

Staples Inc

SPLS

855030102

6/17/2004

1.01 Elect Arthur M. Blank

MGMT

YES

FOR

1.02 Elect Gary L. Crittenden

MGMT

YES

FOR

1.03 Elect Martin Trust

MGMT

YES

FOR

1.04 Elect Paul F. Walsh

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

6.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

7.00 SP-Redeem or Vote on Poison Pill

YES

��

FOR

AGAINST

8.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

9.00 SP-Limit Consulting by Auditors

YES

FOR

AGAINST

Stewart Information Services

STC

860372101

4/30/2004

1.01 Elect Lloyd Bentsen, III

MGMT

YES

FOR

1.02 Elect Nita B. Hanks

MGMT

YES

W’HOLD

AGAINST

1.03 Elect E. Douglas Hodo

MGMT

YES

FOR

1.04 Elect W. Arthur Porter

MGMT

YES

FOR

1.05 Elect John P. LaWare

MGMT

YES

FOR

Stone Energy Corp

SGY

861642106

5/20/2004

1.01 Elect George R. Christmas

MGMT

YES

FOR

1.02 Elect B.J. Duplantis

MGMT

YES

FOR

1.03 Elect John P. Laborde

MGMT

YES

FOR

1.04 Elect Richard A. Pattarozzi

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Sungard Data Systems Inc

SDS

867363103

5/14/2004

1.01 Elect Gregory S. Bentley

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael C. Brooks

MGMT

YES

FOR

1.03 Elect Cristobal Conde

MGMT

YES

FOR

1.04 Elect Ramon de Oliveira

MGMT

YES

FOR

1.05 Elect Henry C. Duques

MGMT

YES

FOR

1.06 Elect Albert A. Eisenstat

MGMT

YES

FOR

1.07 Elect Bernard Goldstein

MGMT

YES

FOR

1.08 Elect Janet B. Haugen

MGMT

YES

FOR

1.09 Elect James L. Mann

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Malcolm I. Ruddock

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

SunTrust Banks

STI

867914103

4/20/2004

1.01 Elect J. Hicks Lanier

MGMT

YES

FOR

1.02 Elect Larry L. Prince

MGMT

YES

FOR

1.03 Elect Frank S. Royal M.D.

MGMT

YES

FOR

1.04 Elect Robert M. Beall II

MGMT

YES

FOR

1.05 Elect Jeffrey C. Crowe

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

SuperValu Inc

SVU

868536103

5/26/2004

1.01 Elect Charles M. Lillis

MGMT

YES

FOR

1.02 Elect Jeffrey Noddle

MGMT

YES

FOR

1.03 Elect Steven S. Rogers

MGMT

YES

FOR

1.04 Elect Ronald E. Daly

MGMT

YES

FOR

1.05 Elect Marissa Peterson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Require Majority Vote to Elect Directors

YES

AGAINST

FOR

Symantec

SYMC

871503108

8/21/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Temple-Inland

TIN

879868107

5/7/2004

1.01 Elect Donald M. Carlton

MGMT

YES

W’HOLD

AGAINST

1.02 Elect E. Linn Draper Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Jeffrey M. Heller

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Kenneth M. Jastrow II

MGMT

YES

W’HOLD

AGAINST

1.05 Elect James A. Johnson

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Texas Instruments

TXN

882508104

4/15/2004

1.01 Elect James R. Adams

MGMT

YES

W’HOLD

AGAINST

1.02 Elect David L. Boren

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Daniel A. Carp

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Thomas J. Engibous

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Gerald W. Fronterhouse

MGMT

YES

W’HOLD

AGAINST

1.06 Elect David R. Goode

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Wayne R. Sanders

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Ruth J. Simmons

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Richard K. Templeton

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Christine Todd Whitman

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

YES

FOR

AGAINST

Thornburg Mortgage

TMA

885218107

4/20/2004

1.01 Elect Anne-Drue M. Anderson

MGMT

YES

W’HOLD

AGAINST

1.02 Elect David A. Ater Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Larry A. Goldstone

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Ike Kalangis

MGMT

YES

W’HOLD

AGAINST

Timberland Co

TBL

887100105

5/20/2004

1.01 Elect Sidney W. Swartz

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Jeffrey B. Swartz

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John E. Beard

MGMT

YES

W’HOLD

AGAINST

1.04 Elect John F. Brennan

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Ian W. Diery

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Irene M. Esteves

MGMT

YES

W’HOLD

AGAINST

1.07 Elect John A. Fitzsimmons

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Virginia H. Kent

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Bill Shore

MGMT

YES

W’HOLD

AGAINST

Time Warner Inc

TWX

887317105

5/21/2004

1.01 Elect James L. Barksdale

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Stephen F. Bollenbach

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Stephen M. Case

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Frank J. Caufield

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Robert C. Clark

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Miles R. Gilburne

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Carla A. Hills

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Reuben Mark

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Michael A. Miles

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Kenneth J. Novack

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Richard D. Parsons

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Robert E. Turner

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Francis T. Vincent Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-China—Adopt Code of Conduct

YES

FOR

AGAINST

4.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

Torchmark

TMK

891027104

4/29/2004

1.01 Elect Charles E. Adair

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Joseph M. Farley

MGMT

YES

W’HOLD

AGAINST

1.03 Elect C. B. Hudson

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Joseph L. Lanier Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect R. K. Richey

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

4.00 SP-Sever Links with Tobacco Industry

YES

FOR

AGAINST

Transaction System Architects

TSAI

893416107

3/9/2004

1.01 Elect Roger K. Alexander

MGMT

YES

FOR

1.02 Elect John D Curtis

MGMT

YES

FOR

1.03 Elect Gregory D. Derkacht

MGMT

YES

FOR

1.04 Elect Jim D. Kever

MGMT

YES

FOR

1.05 Elect Frank R. Sanchez

MGMT

YES

FOR

1.06 Elect Harlan F. Seymour

MGMT

YES

FOR

1.07 Elect John E. Stokely

MGMT

YES

FOR

2.00 Amend Director Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

TriCo Bancshares

TCBK

896095106

5/4/2004

1.01 Elect William J. Casey

MGMT

YES

FOR

1.02 Elect Donald J. Amaral

MGMT

YES

FOR

1.03 Elect Craig S. Compton

MGMT

YES

FOR

1.04 Elect John S.A. Hasbrook

MGMT

YES

FOR

1.05 Elect Michael W. Koehnen

MGMT

YES

FOR

1.06 Elect Wendell J. Lundberg

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Donald E. Murphy

MGMT

YES

FOR

1.08 Elect Steve G. Nettleton

MGMT

YES

FOR

1.09 Elect Richard P. Smith

MGMT

YES

FOR

1.10 Elect Carroll R. Taresh

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Alex A. Vereschagin

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

TXU Corp

TXU

873168108

5/21/2004

1.01 Elect Derek C. Bonham

MGMT

YES

W’HOLD

AGAINST

1.02 Elect E. Gail De Planque

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William M. Griffin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Kerney Laday

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Jack E. Little

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Erle Nye

MGMT

YES

W’HOLD

AGAINST

1.07 Elect James E. Oesterreicher

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Michael W. Ranger

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Herbert H. Richardson

MGMT

YES

W’HOLD

AGAINST

1.10 Elect C. John Wilder

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Require Option Shares to Be Held

YES

FOR

AGAINST

Union Pacific

UNP

907818108

4/16/2004

1.01 Elect Phillip F. Anschutz

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Richard K. Davidson

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Thomas J. Donohue

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Archie W. Dunham

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Spencer F. Eccles

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Ivor J. Evans

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Judith R. Hope

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Michael W. McConnell

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Steven R. Rogel

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Ernesto Zedillo

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 Performance/Time-Based Restricted Shares

YES

FOR

AGAINST

5.00 SP-Report on Political Donations and Policy

YES

FOR

AGAINST

UnionBanCal

908906100

4/28/2004

1.01 Elect David R. Andrews

MGMT

YES

FOR

1.02 Elect L. Dale Crandall

MGMT

YES

FOR

1.03 Elect Richard D. Farman

MGMT

YES

FOR

1.04 Elect Stanley F. Farrar

MGMT

YES

FOR

1.05 Elect Philip B. Flynn

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Michael J. Gillfillan

MGMT

YES

FOR

1.07 Elect Richard C. Hartnack

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Norimichi Kanari

MGMT

YES

FOR

1.09 Elect Satoru Kishi

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Monica C. Lozano

MGMT

YES

FOR

1.11 Elect Mary S. Metz

MGMT

YES

FOR

1.12 Elect Takahiro Moriguchi

MGMT

YES

W’HOLD

AGAINST

1.13 Elect J. Fernando Niebla

MGMT

YES

FOR

1.14 Elect Takaharu Saegusa

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Tetsuo Shimura

MGMT

YES

W’HOLD

AGAINST

2.00 Amend Long-term Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

United Parcel Service

UPS

911312106

5/6/2004

1.01 Elect Calvin Darden

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael L. Eskew

MGMT

YES

W’HOLD

AGAINST

1.03 Elect James P. Kelly

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Ann M. Livermore

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Gary E. MacDougal

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Victor A. Pelson

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Lea N. Soupata

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Robert M. Teeter

MGMT

YES

W’HOLD

AGAINST

1.09 Elect John W. Thompson

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Carol B. Tome

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

United Stationers

USTR

913004107

5/6/2004

1.01 Elect Roy W. Haley

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Benson P. Shapiro

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Alex D. Zoghlin

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

UnitedGlobalCom

UCOMA

913247508

2/11/2004

1.00 Amend Director Stock Option Plan

MGMT

YES

FOR

1.00 Amend Stock Option Plan

MGMT

YES

FOR

UnitedHealth Group Inc

UNH

91324P102

5/12/2004

1.01 Elect William C. Ballard Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Richard T. Burke

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Stephen J. Hemsley

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Donna E. Shalala

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

YES

FOR

AGAINST

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Unocal Corp

UCL

915289102

5/24/2004

1.01 Elect Richard D. McCormick

MGMT

YES

FOR

1.02 Elect Marina v.N. Whitman

MGMT

YES

FOR

1.03 Elect Charles R. Williamson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Adopt Director Stock Award Plan

MGMT

YES

AGAINST

5.00 SP-Independent Board Chairman

YES

FOR

AGAINST

6.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

7.00 SP-Indep. Director-Shareholder Dialogue

YES

AGAINST

FOR

8.00 SP-Report or Take Action on Climate Change

YES

FOR

AGAINST

Valero Energy

VLO

91913Y100

4/29/2004

1.01 Elect E. Glenn Biggs

MGMT

YES

FOR

1.02 Elect Ruben M. Escobedo

MGMT

YES

FOR

1.03 Elect Bob Marbut

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Report or Take Action on Climate Change

YES

FOR

AGAINST

VeriSign Inc

VRSN

92343E102

5/27/2004

1.01 Elect D. James Bidzos

MGMT

YES

W’HOLD

AGAINST

1.02 Elect William L. Chenevich

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Gregory L. Reyes Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Verizon Communications

92343V104

4/28/2004

1.01 Elect James R. Barker

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Richard L. Carrion

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert W. Lane

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Sandra O. Moose

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Joseph Neubauer

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Thomas H. O’Brien

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Hugh B. Price

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Ivan G. Seidenberg

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Walter V. Shipley

MGMT

YES

W’HOLD

AGAINST

1.10 Elect John R. Stafford

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Robert D. Storey

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

4.00 SP-Increase Board Independence

YES

FOR

AGAINST

5.00 SP-Independent Board Chairman

YES

FOR

AGAINST

6.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

7.00 SP-Approve Extra Benefits Under Serps

YES

FOR

AGAINST

8.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

9.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

10.00 SP-Review Political Spending

YES

FOR

AGAINST

11.00 SP-Collecting Service Fees

YES

FOR

AGAINST

Vintage Petroleum Inc

VPI

927460105

5/11/2004

1.01 Elect William L. Abernathy

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Bryan H. Lawrence

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Gerald J. Maier

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Visteon Corp

92839U107

5/12/2004

1.01 Elect Steven K. Hamp

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael F. Johnston

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Karl J. Krapek

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Robert M. Teeter

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

5.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

6.00 SP-Review Global Labor Practices

YES

FOR

AGAINST

7.00 SP-Voting Leverage

YES

FOR

AGAINST

VISX Inc

EYE

92844S105

5/13/2004

1.01 Elect Elizabeth H. Davila

MGMT

YES

FOR

1.02 Elect Laureen De Buono

MGMT

YES

FOR

1.03 Elect Glendon E. French

MGMT

YES

FOR

1.04 Elect John W. Galiardo

MGMT

YES

FOR

1.05 Elect Jay T. Holmes

MGMT

YES

FOR

1.06 Elect Gary S. Petersmeyer

MGMT

YES

FOR

1.07 Elect Richard B. Sayford

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Wachovia

929903102

4/20/2004

1.01 Elect James S. Balloun

MGMT

YES

FOR

1.02 Elect John T. Casteen III

MGMT

YES

FOR

1.03 Elect Joseph Neubauer

MGMT

YES

FOR

1.04 Elect Lanty L. Smith

MGMT

YES

FOR

1.05 Elect Dona Davis Young

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Double Board Nominees

YES

AGAINST

FOR

4.00 SP-Review Political Spending

YES

FOR

AGAINST

5.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Wal-Mart Stores

WMT

931142103

6/4/2004

1.01 Elect James W. Breyer

MGMT

YES

FOR

1.02 Elect M. Michele Burns

MGMT

YES

FOR

1.03 Elect Thomas M. Coughlin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect David D. Glass

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Roland A. Hernandez

MGMT

YES

FOR

1.06 Elect Dawn G. Lepore

MGMT

YES

FOR

1.07 Elect John D. Opie

MGMT

YES

FOR

1.08 Elect J. Paul Reason

MGMT

YES

FOR

1.09 Elect H. Lee Scott Jr.

MGMT

YES

FOR

1.10 Elect Jack C. Shewmaker

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Jose H. Villarreal

MGMT

YES

FOR

1.12 Elect John T. Walton

MGMT

YES

W’HOLD

AGAINST

1.13 Elect S. Robson Walton

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Christopher J. Williams

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

AGAINST

4.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

6.00 SP-Independent Board Chairman

YES

FOR

AGAINST

7.00 SP-Report on Sustainability

YES

FOR

AGAINST

8.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

9.00 SP-Review or Curb Bioengineering

YES

FOR

AGAINST

10.00 SP-Report on EEO

YES

FOR

AGAINST

11.00 SP-Approve Extra Benefits Under Serps

YES

FOR

AGAINST

Waste Management Inc

WMI

94106L109

5/14/2004

1.01 Elect Pastora San Juan Cafferty

MGMT

YES

FOR

1.02 Elect Frank M. Clark Jr.

MGMT

YES

FOR

1.03 Elect Robert Stevens Miller Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect A. Maurice Myers

MGMT

YES

W’HOLD

AGAINST

1.05 Elect John C. Pope

MGMT

YES

FOR

1.06 Elect W. Robert Reum

MGMT

YES

FOR

1.07 Elect Steven G. Rothmeier

MGMT

YES

FOR

1.08 Elect David P. Steiner

MGMT

YES

FOR

1.09 Elect Carl W. Vogt

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Watson Pharmaceuticals Inc

WPI

942683103

5/17/2004

1.01 Elect Allen Y. Chao

MGMT

YES

FOR

1.02 Elect Michel J. Feldman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Fred G. Weiss

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Wausau-Mosinee Paper

WMO

943315101

4/22/2004

1.01 Elect Dennis J. Kuester

MGMT

YES

FOR

1.02 Elect Andrew N. Baur

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

Wellman

WLM

949702104

8/5/2003

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

WellPoint Health Networks

WLP

94973H108

6/28/2004

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Wells Fargo

WFC

949746101

4/27/2004

1.01 Elect John A. Blanchard III

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Susan E. Engel

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Enrique Hernandez Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Robert L. Joss

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Reatha Clark King

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Richard M. Kovacevich

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Richard D. McCormick

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Cynthia H. Milligan

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Philip J. Quigley

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Donald B. Rice

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Judith M. Runstad

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Stephen W. Sanger

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Susan G. Swenson

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Michael W. Wright

MGMT

YES

W’HOLD

AGAINST

2.00 Approve Savings Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

4.00 SP-Expense Stock Options

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

7.00 SP-Review Political Spending

YES

FOR

AGAINST

Weyerhaeuser

962166104

4/13/2004

1.01 Elect Steven R. Rogel

MGMT

YES

W’HOLD

AGAINST

1.02 Elect William D. Ruckelshaus

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard H. Sinkfield

MGMT

YES

W’HOLD

AGAINST

1.04 Elect James N. Sullivan

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Repeal Classified Board

MGMT

YES

FOR

AGAINST

4.00 SP-Expense Stock Options

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Report or Take Action on Climate Change

YES

FOR

AGAINST

7.00 SP-Preserve/Report on Natural Habitat

YES

FOR

AGAINST

8.00 Ratify Selection of Auditors

MGMT

YES

FOR

WFS Financial

WFSI

92923B106

4/26/2004

1.01 Elect Judith M. Bardwick

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Duane A. Nelles

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Ronald I. Simon

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Fredricka Taubitz

MGMT

YES

W’HOLD

AGAINST

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Woodward Governor

WGOV

980745103

1/28/2004

1.01 Elect John D. Cohn

MGMT

YES

FOR

1.02 Elect Michael H. Joyce

MGMT

YES

FOR

1.03 Elect James R. Rulseh

MGMT

YES

FOR

Wyeth

WYE

983024100

4/22/2004

1.01 Elect Clifford L. Alexander Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Frank A. Bennack Jr.

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard L. Carrion

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Robert Essner

MGMT

YES

W’HOLD

AGAINST

1.05 Elect John D. Feerick

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Robert S. Langer

MGMT

YES

W’HOLD

AGAINST

1.07 Elect John P. Mascotte

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Mary Lake Polan

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Ivan G. Seidenberg

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Walter V. Shipley

MGMT

YES

W’HOLD

AGAINST

1.11 Elect John R. Torell III

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Drug Pricing or Distribution

YES

FOR

AGAINST

4.00 SP-Review or Promote Animal Welfare

YES

FOR

AGAINST

Xcel Energy Inc

XEL

98389B100

5/20/2004

1.00 Repeal Classified Board

MGMT

YES

FOR

2.01 Elect David A. Christensen

MGMT

YES

W’HOLD

AGAINST

2.02 Elect Margaret R. Preska

MGMT

YES

W’HOLD

AGAINST

2.03 Elect W. Thomas Stephens

MGMT

YES

W’HOLD

AGAINST

2.04 Elect Richard H. Anderson

MGMT

YES

W’HOLD

AGAINST

2.05 Elect Robert C. Kelly

MGMT

YES

W’HOLD

AGAINST

2.06 Elect Ralph R. Peterson

MGMT

YES

W’HOLD

AGAINST

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

York International

YRK

986670107

5/20/2004

1.01 Elect W. Michael Clevy

MGMT

YES

FOR

1.02 Elect J. Roderick Heller III

MGMT

YES

FOR

1.03 Elect Robert F. B. Logan

MGMT

YES

FOR

1.04 Elect Gerald C. McDonough

MGMT

YES

FOR

1.05 Elect C. David Myers

MGMT

YES

FOR

1.06 Elect Paul J. Powers

MGMT

YES

FOR

1.07 Elect Donald M. Roberts

MGMT

YES

FOR

1.08 Elect James A. Urry

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Director Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Stock Option Plan

MGMT

YES

AGAINST

4.00 Amend Annual Bonus Plan

MGMT

YES

FOR

4.00 Amend Long-term Bonus Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Account Number 5: NCF-Seneca Mid

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote

For/Agnst
Mgmt

Aetna

AET

00817Y108

4/30/2004

1.01 Elect Betsy Z. Cohen

MGMT

YES

FOR

1.02 Elect Barbara Hackman Franklin

MGMT

YES

FOR

1.03 Elect Jeffery E. Garten

MGMT

YES

FOR

1.04 Elect Earl G. Graves Sr.

MGMT

YES

FOR

1.05 Elect Gerald Greenwald

MGMT

YES

FOR

1.06 Elect Ellen M. Hancock

MGMT

YES

FOR

1.07 Elect Michael H. Jordan

MGMT

YES

FOR

1.08 Elect Jack D. Kuehler

MGMT

YES

FOR

1.09 Elect Edward J. Ludwig

MGMT

YES

FOR

1.10 Elect Joseph P. Newhouse

MGMT

YES

FOR

1.11 Elect Judith Rodin

MGMT

YES

FOR

1.12 Elect John W. Rowe

MGMT

YES

FOR

1.13 Elect Ronald A. Williams

MGMT

YES

FOR

1.14 Elect R. David Yost

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Alliance Data Systems

ADS

018581108

6/8/2004

1.01 Elect Lawrence M. Benveniste

MGMT

YES

W’HOLD

AGAINST

1.02 Elect D. Keith Cobb

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Kenneth R. Jensen

MGMT

YES

W’HOLD

AGAINST

Avery Dennison

AVY

053611109

4/22/2004

1.01 Elect Philip M. Neal

MGMT

YES

FOR

1.02 Elect Frank V. Cahouet

MGMT

YES

FOR

1.03 Elect Peter W. Mullin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Bruce Karatz

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

Barr Laboratories

BRL

068306109

10/23/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Approve Reincorporation

MGMT

YES

AGAINST

3.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

BEA Systems Inc

BEAS

073325102

6/11/2004

1.01 Elect Dean O. Morton

MGMT

YES

W’HOLD

AGAINST

1.02 Elect George Reyes

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Belo Corp

BLC

080555105

5/11/2004

1.01 Elect Louis E. Caldera

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Judith B. Craven

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Stephen Hamblett

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Dealey D. Herndon

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Wayne R. Sanders

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Biogen Idec Inc

BIIB

09062X103

6/16/2004

1.01 Elect Alan Belzer

MGMT

YES

FOR

1.02 Elect Mary L. Good

MGMT

YES

FOR

1.03 Elect James C. Mullen

MGMT

YES

FOR

1.04 Elect Bruce R. Ross

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Caremark Rx

CMX

141705103

5/4/2004

1.01 Elect Edwin M. Banks

MGMT

YES

FOR

1.02 Elect Colleen Conway-Welch

MGMT

YES

FOR

1.03 Elect Roger L. Headrick

MGMT

YES

FOR

1.04 Elect Jean-Pierre Millon

MGMT

YES

FOR

Caremark Rx

CMX

141705103

3/22/2004

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

2.00 Approve Common Stock Issuance

MGMT

YES

FOR

3.00 Increase Authorized Preferred Stock

MGMT

YES

AGAINST

4.00 Adopt Stock Option Plan

MGMT

YES

FOR

5.00 Adjourn Meeting

MGMT

YES

FOR

Chico’s FAS Inc

CHS

168615102

6/22/2004

1.01 Elect Helene B. Gralnick

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Verna K. Gibson

MGMT

YES

FOR

1.03 Elect Betsy S. Atkins

MGMT

YES

FOR

1.04 Elect Scott A. Edmonds

MGMT

YES

FOR

2.00 Approve Board Size

MGMT

YES

FOR

3.00 Amend Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Comverse Technology

CMVT

205862402

12/16/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Fairchild Semiconductor International

FCS

303726103

5/4/2004

1.01 Elect Kirk P. Pond

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Joseph R. Martin

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Charles P. Carinalli

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Richard M. Cashin Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Charles M. Clough

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Robert F. Friel

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Thomas L. Magnanti

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Bryan R. Roub

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Paul C. Schorr IV

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Ronald W. Shelly

MGMT

YES

W’HOLD

AGAINST

1.11 Elect William N. Stout

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Foundry Networks

FDRY

35063R100

6/1/2004

1.01 Elect Bobby R. Johnson Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Andrew K. Ludwick

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Alfred J. Amoroso

MGMT

YES

W’HOLD

AGAINST

1.04 Elect C. Nicholas Keating Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect J. Steven Young

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Alan L. Earhart

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Gemstar-TV Guide International Inc

GMST

36866W106

6/3/2004

1.01 Elect Nicholas Donatiello Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect James A. Meyer

MGMT

YES

W’HOLD

AGAINST

1.03 Elect K. Rupert Murdoch

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Graftech International Ltd

GTI

384313102

5/26/2004

1.01 Elect Gilbert E. Playford

MGMT

YES

FOR

1.02 Elect R. Eugene Cartledge

MGMT

YES

FOR

1.03 Elect Mary B. Cranston

MGMT

YES

FOR

1.04 Elect John R. Hall

MGMT

YES

FOR

1.05 Elect Harold E. Layman

MGMT

YES

FOR

1.06 Elect Ferrell P. McClean

MGMT

YES

FOR

1.07 Elect Michael C. Nahl

MGMT

YES

FOR

1.08 Elect Craig S. Shular

MGMT

YES

FOR

2.00 SP-Increase Pension Benefits

YES

AGAINST

FOR

Ingersoll-Rand Co Ltd

G4776G101

6/2/2004

1.01 Elect Peter C. Godsoe

MGMT

YES

FOR

1.02 Elect Constance J. Horner

MGMT

YES

FOR

1.03 Elect Orin R. Smith

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Approve Non-Technical Bylaw Amendments

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Repeal Classified Board

YES

ABSTAIN

AGAINST

6.00 SP-Reincorporation

YES

AGAINST

FOR

7.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Invitrogen

IVGN

46185R100

4/29/2004

1.01 Elect Raymond V. Dittamore

MGMT

YES

FOR

1.02 Elect Bradley G. Lorimier

MGMT

YES

FOR

1.03 Elect David C. U’Prichard

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

Jabil Circuit

JBL

466313103

1/13/2004

1.01 Elect William D. Morean

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Thomas A. Sansone

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Timothy L. Main

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Lawrence J. Murphy

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Mel S. Lavitt

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Steven A. Raymund

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Frank A. Newman

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Laurence S. Grafstein

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

KLA-Tencor

KLAC

482480100

11/5/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Manor Care

HCR

564055101

5/5/2004

1.01 Elect Virgis W. Colbert

MGMT

YES

W’HOLD

AGAINST

1.02 Elect William H. Longfield

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Paul A. Ormond

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Manpower

MAN

56418H100

4/27/2004

1.01 Elect Stephanie A. Burns

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Willie D. Davis

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Jack M. Greenberg

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Terry A. Hueneke

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Mohawk Industries Inc

MHK

608190104

5/19/2004

1.01 Elect Leo Benatar

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Phyllis O. Bonanno

MGMT

YES

W’HOLD

AGAINST

1.03 Elect David L. Kolb

MGMT

YES

W’HOLD

AGAINST

1.04 Elect W. Christopher Wellborn

MGMT

YES

W’HOLD

AGAINST

New York Community Bancorp Inc

NYB

649445103

5/19/2004

1.01 Elect Donald M. Blake

MGMT

YES

FOR

1.02 Elect Thomas A. Doherty

MGMT

YES

FOR

1.03 Elect Michael J. Levine

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Guy V. Molinari

MGMT

YES

FOR

1.05 Elect John A. Pileski

MGMT

YES

FOR

1.06 Elect John M. Tsimbinos

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Northern Trust

NTRS

665859104

4/20/2004

1.01 Elect Duane L. Burnham

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Dolores E. Cross

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Susan Crown

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Robert S. Hamada

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Robert A. Helman

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Dipak C. Jain

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Arthur L. Kelly

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Robert C. McCormack

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Edward J. Mooney

MGMT

YES

W’HOLD

AGAINST

1.10 Elect William A. Osborn

MGMT

YES

W’HOLD

AGAINST

1.11 Elect John W. Rowe

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Harold B. Smith

MGMT

YES

W’HOLD

AGAINST

1.13 Elect William D. Smithburg

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Paccar

PCAR

693718108

4/27/2004

1.01 Elect David K. Newbigging

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Harry C. Stonecipher

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Harold A. Wagner

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Add Shares to Director Stock Award Plan

MGMT

YES

AGAINST

3.00 Amend Director Stock Award Plan

MGMT

YES

AGAINST

4.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

PMC-Sierra Inc

PMCS

69344F106

5/14/2004

1.01 Elect Robert L. Bailey

MGMT

YES

FOR

1.02 Elect Alexandre A. Balkanski

MGMT

YES

FOR

1.03 Elect Richard E. Belluzzo

MGMT

YES

W’HOLD

AGAINST

1.04 Elect James V. Diller

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Jonathan Judge

MGMT

YES

W’HOLD

AGAINST

1.06 Elect William Kurtz

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Frank J. Marshall

MGMT

YES

FOR

1.08 Elect Lewis Wilks

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Quest Diagnostics

DGX

74834L100

5/4/2004

1.01 Elect William R. Grant

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Surya N. Mohapatra

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John C. Baldwin

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Rohm & Haas

ROH

775371107

5/3/2004

1.01 Elect William J. Avery

MGMT

YES

W’HOLD

AGAINST

1.02 Elect J. Michael Fitzpatrick

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Earl G. Graves Sr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Rajiv L. Gupta

MGMT

YES

W’HOLD

AGAINST

1.05 Elect David W. Haas

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Thomas W. Haas

MGMT

YES

W’HOLD

AGAINST

1.07 Elect James A. Henderson

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Richard L. Keyser

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Jorge P. Montoya

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Sandra O. Moose

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Gilbert S. Omenn

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Gary L. Rogers

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Ronaldo H. Schmitz

MGMT

YES

W’HOLD

AGAINST

1.14 Elect Marna C. Whittington

MGMT

YES

W’HOLD

AGAINST

2.00 Approve Annual Bonus Plan

MGMT

YES

AGAINST

3.00 Approve Long-Term Bonus Plan

MGMT

YES

AGAINST

4.00 Adopt Stock Option Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Sanmina-SCI

SANM

800907107

1/26/2004

1.01 Elect John C. Bolger

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Neil R. Bonke

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Randy W. Furr

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Mario M. Rosati

MGMT

YES

W’HOLD

AGAINST

1.05 Elect A. Eugene Sapp Jr.

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Wayne Shortridge

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Peter J. Simone

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Jure Sola

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Bernard V. Vonderschmitt

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Jackie M. Ward

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Siebel Systems Inc

SEBL

826170102

6/23/2004

1.01 Elect C. Scott Hartz

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles R. Schwab

MGMT

YES

W’HOLD

AGAINST

1.03 Elect George T. Shaheen

MGMT

YES

W’HOLD

AGAINST

1.04 Elect John W. White

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 SP-Expense Stock Options

YES

FOR

AGAINST

Smucker (JM) Co

SJM

832696405

6/17/2004

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Adjourn Meeting

MGMT

YES

AGAINST

Staples Inc

SPLS

855030102

6/17/2004

1.01 Elect Arthur M. Blank

MGMT

YES

FOR

1.02 Elect Gary L. Crittenden

MGMT

YES

FOR

1.03 Elect Martin Trust

MGMT

YES

FOR

1.04 Elect Paul F. Walsh

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

6.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

7.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

8.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

9.00 SP-Limit Consulting by Auditors

YES

FOR

AGAINST

Starbucks

SBUX

855244109

3/30/2004

1.01 Elect William W. Bradley

MGMT

YES

FOR

1.02 Elect Gregory B. Maffei

MGMT

YES

FOR

1.03 Elect Orin C. Smith

MGMT

YES

FOR

1.04 Elect Olden Lee

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Symbol Technologies

SBL

871508107

4/26/2004

1.01 Elect William R. Nuti

MGMT

YES

FOR

1.02 Elect Robert J. Chrenc

MGMT

YES

FOR

1.03 Elect Edward R. Kozel

MGMT

YES

FOR

1.04 Elect Salvatore Iannuzzi

MGMT

YES

FOR

1.05 Elect George Samenuk

MGMT

YES

FOR

1.06 Elect Melvin A. Yellin

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Varian Medical Systems

VAR

92220P105

6/10/2004

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

VeriSign Inc

VRSN

92343E102

5/27/2004

1.01 Elect D. James Bidzos

MGMT

YES

W’HOLD

AGAINST

1.02 Elect William L. Chenevich

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Gregory L. Reyes Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Watson Pharmaceuticals Inc

WPI

942683103

5/17/2004

1.01 Elect Allen Y. Chao

MGMT

YES

FOR

1.02 Elect Michel J. Feldman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Fred G. Weiss

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Weight Watchers International Inc

WTW

948626106

5/12/2004

1.01 Elect Linda Huett

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Sam K. Reed

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Philippe J. Amouyal

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Westwood One Inc

WON

961815107

5/13/2004

1.01 Elect Norman J. Pattiz

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Mel Karmazin

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Joseph B. Smith

MGMT

YES

FOR

1.04 Elect Dennis F. Holt

MGMT

YES

FOR

1.05 Elect Shane Coppola

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Williams-Sonoma Inc

WSM

969904101

5/19/2004

1.01 Elect W. Howard Lester

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Edward A. Mueller

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Sanjiv Ahuja

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Adrian D.P. Bellamy

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Patrick J. Connolly

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Jeanne Jackson

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Michael R. Lynch

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Richard T. Robertson

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Zimmer Holdings

ZMH

98956P102

5/10/2004

1.01 Elect Larry C. Glasscock

MGMT

YES

W’HOLD

AGAINST

1.02 Elect John L. McGoldrick

MGMT

YES

W’HOLD

AGAINST

2.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

3.00 SP-Shareholder Approval of Auditors

YES

FOR

AGAINST

Account Number 6: NCF-Sound Shore

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote

For/Agnst
Mgmt

Aetna

AET

00817Y108

4/30/2004

1.01 Elect Betsy Z. Cohen

MGMT

YES

FOR

1.02 Elect Barbara Hackman Franklin

MGMT

YES

FOR

1.03 Elect Jeffery E. Garten

MGMT

YES

FOR

1.04 Elect Earl G. Graves Sr.

MGMT

YES

FOR

1.05 Elect Gerald Greenwald

MGMT

YES

FOR

1.06 Elect Ellen M. Hancock

MGMT

YES

FOR

1.07 Elect Michael H. Jordan

MGMT

YES

FOR

1.08 Elect Jack D. Kuehler

MGMT

YES

FOR

1.09 Elect Edward J. Ludwig

MGMT

YES

FOR

1.10 Elect Joseph P. Newhouse

MGMT

YES

FOR

1.11 Elect Judith Rodin

MGMT

YES

FOR

1.12 Elect John W. Rowe

MGMT

YES

FOR

1.13 Elect Ronald A. Williams

MGMT

YES

FOR

1.14 Elect R. David Yost

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Ambac Financial Group

ABK

023139108

5/4/2004

1.01 Elect Phillip B. Lassiter

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Michael A. Callen

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Renso L. Caporali

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jill M. Considine

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Richard Dulude

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Robert j. Genader

MGMT

YES

W’HOLD

AGAINST

1.07 Elect W. Grant Gregory

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Laura S. Unger

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Henry D. G. Wallace

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Adopt Director Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

AmerisourceBergen

ABC

03073E105

3/5/2004

1.01 Elect Edward E. Hagenlocker

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Kurt J Hilzinger

MGMT

YES

W’HOLD

AGAINST

Baxter International

BAX

071813109

5/4/2004

1.01 Elect John D. Forsyth

MGMT

YES

FOR

1.02 Elect Gail D. Fosler

MGMT

YES

FOR

1.03 Elect Carole J. Uhrich

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

Berkshire Hathaway

BRK

084670108

5/1/2004

1.01 Elect Warren E. Buffett

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles T. Munger

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Susan T. Buffett

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Howard G. Buffett

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Malcolm G. Chace III

MGMT

YES

W’HOLD

AGAINST

1.06 Elect David S. Gottesman

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Charlotte Guyman

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Donald R. Keough

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Thomas S. Murphy

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Ronald L. Olson

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Walter Scott Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 SP-Review Political Spending

YES

AGAINST

FOR

CenturyTel

CTL

156700106

5/6/2004

1.01 Elect William R. Boles Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect W. Bruce Hanks

MGMT

YES

W’HOLD

AGAINST

1.03 Elect C. G. Melville Jr.

MGMT

YES

FOR

1.04 Elect Glen F. Post III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Chubb

171232101

4/27/2004

1.01 Elect Zoe Baird

MGMT

YES

FOR

1.02 Elect Sheila P. Burke

MGMT

YES

W’HOLD

AGAINST

1.03 Elect James I. Cash Jr.

MGMT

YES

FOR

1.04 Elect Joel J. Cohen

MGMT

YES

FOR

1.05 Elect James M. Cornelius

MGMT

YES

FOR

1.06 Elect John D. Finnegan

MGMT

YES

FOR

1.07 Elect David H. Hoag

MGMT

YES

FOR

1.08 Elect Klaus J. Mangold

MGMT

YES

W’HOLD

AGAINST

1.09 Elect David G. Scholey

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Raymond G. H. Seitz

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Lawrence M. Small

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Daniel E. Somers

MGMT

YES

FOR

1.13 Elect Karen Hastie Williams

MGMT

YES

W’HOLD

AGAINST

1.14 Elect James M. Zimmerman

MGMT

YES

FOR

1.15 Elect Alfred W. Zollar

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Adopt Director Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review Political Spending

YES

FOR

AGAINST

Cigna

125509109

4/28/2004

1.01 Elect Robert H. Campbell

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Jane E. Henney

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Charles R. Shoemate

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Louis W. Sullivan

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Citizens Communications Co

CZN

17453B101

5/18/2004

1.01 Elect Aaron I. Fleischman

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Rudy J. Graf

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Stanley Harfenist

MGMT

YES

FOR

1.04 Elect Andrew N. Heine

MGMT

YES

FOR

1.05 Elect William M. Kraus

MGMT

YES

FOR

1.06 Elect Scott N. Schneider

MGMT

YES

W’HOLD

AGAINST

1.07 Elect John L. Schroeder

MGMT

YES

FOR

1.08 Elect Robert A. Stanger

MGMT

YES

FOR

1.09 Elect Edwin Tornberg

MGMT

YES

FOR

1.10 Elect Claire L. Tow

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Leonard Tow

MGMT

YES

FOR

1.12 Elect David H. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

YES

FOR

AGAINST

Comerica Inc

CMA

200340107

5/18/2004

1.01 Elect Ralph W. Babb Jr.

MGMT

YES

FOR

1.02 Elect James F. Cordes

MGMT

YES

FOR

1.03 Elect Peter D. Cummings

MGMT

YES

FOR

1.04 Elect Todd W. Herrick

MGMT

YES

FOR

1.05 Elect William P. Vititoe

MGMT

YES

FOR

1.06 Elect Kenneth L. Way

MGMT

YES

FOR

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

ConocoPhillips

COP

20825C104

5/5/2004

1.01 Elect David L. Boren

MGMT

YES

FOR

1.02 Elect James E. Copeland Jr.

MGMT

YES

FOR

1.03 Elect Kenneth M. Duberstein

MGMT

YES

FOR

1.04 Elect Ruth R. Harkin

MGMT

YES

FOR

1.05 Elect William R. Rhodes

MGMT

YES

FOR

1.06 Elect J. Stapleton Roy

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

5.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

6.00 SP-Preserve/Report on Natural Habitat

YES

FOR

AGAINST

Countrywide Financial

CFC

222372104

1/9/2004

1.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

Countrywide Financial Corp

CFC

222372104

6/16/2004

1.01 Elect Henry Cisneros

MGMT

YES

FOR

1.02 Elect Robert J. Donato

MGMT

YES

FOR

1.03 Elect Michael E. Dougherty

MGMT

YES

FOR

1.04 Elect Martin R. Melone

MGMT

YES

FOR

1.05 Elect Harley W. Snyder

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

Dana

DCN

235811106

4/19/2004

1.01 Elect Benjamin F. Bailar

MGMT

YES

FOR

1.02 Elect A. Charles Baillie

MGMT

YES

FOR

1.03 Elect David E. Berges

MGMT

YES

FOR

1.04 Elect Michael J. Burns

MGMT

YES

FOR

1.05 Elect Edmund M. Carpenter

MGMT

YES

FOR

1.06 Elect Samir G. Gibara

MGMT

YES

FOR

1.07 Elect Cheryl W. Grise

MGMT

YES

FOR

1.08 Elect Glen H. Hiner

MGMT

YES

FOR

1.09 Elect James P. Kelly

MGMT

YES

FOR

1.10 Elect Marilyn R. Marks

MGMT

YES

FOR

1.11 Elect Richard B. Priory

MGMT

YES

FOR

2.00 Amend Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

AGAINST

4.00 Amend Stock Option Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Devon Energy Corp

DVN

25179M103

6/8/2004

1.01 Elect Thomas F. Ferguson

MGMT

YES

FOR

1.02 Elect Peter J. Fluor

MGMT

YES

FOR

1.03 Elect David M. Gavrin

MGMT

YES

FOR

1.04 Elect Michael E. Gellert

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Require Majority Vote to Elect Directors

YES

AGAINST

FOR

Equifax

EFX

294429105

4/28/2004

1.01 Elect James E. Copeland Jr.

MGMT

YES

FOR

1.02 Elect Lee A. Ault III

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John L. Clendenin

MGMT

YES

FOR

1.04 Elect A. W. Dahlberg

MGMT

YES

FOR

1.05 Elect L. Phillip Humann

MGMT

YES

FOR

Federal Home Loan Mortgage

FRE

313400301

3/31/2004

1.01 Elect Joan E. Donaghue

MGMT

YES

FOR

1.02 Elect Michelle Engler

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Richard Karl Goeltz

MGMT

YES

FOR

1.04 Elect George D. Gould

MGMT

YES

FOR

1.05 Elect Henry Kaufman

MGMT

YES

FOR

1.06 Elect John B. McCoy

MGMT

YES

FOR

1.07 Elect Shaun F. O’Malley

MGMT

YES

FOR

1.08 Elect Ronald F. Poe

MGMT

YES

FOR

1.09 Elect Stephen A. Ross

MGMT

YES

FOR

1.10 Elect Donald J. Schuenke

MGMT

YES

FOR

1.11 Elect Christina Seix

MGMT

YES

FOR

1.12 Elect Richard F. Syron

MGMT

YES

FOR

1.13 Elect William J. Turner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Georgia-Pacific

373298108

5/4/2004

1.01 Elect Barbara L. Bowles

MGMT

YES

FOR

1.02 Elect Donald V. Fites

MGMT

YES

FOR

1.03 Elect David R. Goode

MGMT

YES

FOR

1.04 Elect Karen N. Horn

MGMT

YES

FOR

1.05 Elect William R. Johnson

MGMT

YES

FOR

1.06 Elect James B. Williams

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Halliburton Co

HAL

406216101

5/19/2004

1.01 Elect Robert L. Crandall

MGMT

YES

FOR

1.02 Elect Kenneth T. Derr

MGMT

YES

FOR

1.03 Elect Charles J. DiBona

MGMT

YES

FOR

1.04 Elect William R. Howell

MGMT

YES

FOR

1.05 Elect Ray L. Hunt

MGMT

YES

FOR

1.06 Elect David J. Lesar

MGMT

YES

FOR

1.07 Elect Aylwin B. Lewis

MGMT

YES

FOR

1.08 Elect J. Landis Martin

MGMT

YES

FOR

1.09 Elect Jay A. Precourt

MGMT

YES

FOR

1.10 Elect Debra L. Reed

MGMT

YES

FOR

1.11 Elect C. J. Silas

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 SP-Report on Ties to State Sponsors of Terror

YES

FOR

AGAINST

4.00 SP-Require Majority Vote to Elect Directors

YES

AGAINST

FOR

5.00 SP-Independent Board Chairman

YES

FOR

AGAINST

Honda Motor Co

HMC

2435279

6/23/2004

1.00 Allocate Dividend

MGMT

YES

FOR

2.00 Waive Approval of Share Repurchase

MGMT

YES

AGAINST

3.01 Elect Nominee No. 3.1

MGMT

YES

AGAINST

3.02 Elect Nominee No. 3.2

MGMT

YES

AGAINST

3.03 Elect Nominee No. 3.3

MGMT

YES

AGAINST

3.04 Elect Nominee No. 3.4

MGMT

YES

AGAINST

3.05 Elect Nominee No. 3.5

MGMT

YES

AGAINST

3.06 Elect Nominee No. 3.6

MGMT

YES

AGAINST

3.07 Elect Nominee No. 3.7

MGMT

YES

AGAINST

3.08 Elect Nominee No. 3.8

MGMT

YES

AGAINST

3.09 Elect Nominee No. 3.9

MGMT

YES

AGAINST

3.10 Elect Nominee No. 3.10

MGMT

YES

AGAINST

3.11 Elect Nominee No. 3.11

MGMT

YES

AGAINST

3.12 Elect Nominee No. 3.12

MGMT

YES

AGAINST

3.13 Elect Nominee No. 3.13

MGMT

YES

AGAINST

3.14 Elect Nominee No. 3.14

MGMT

YES

AGAINST

3.15 Elect Nominee No. 3.15

MGMT

YES

AGAINST

3.16 Elect Nominee No. 3.16

MGMT

YES

AGAINST

3.17 Elect Nominee No. 3.17

MGMT

YES

AGAINST

3.18 Elect Nominee No. 3.18

MGMT

YES

AGAINST

3.19 Elect Nominee No. 3.19

MGMT

YES

AGAINST

3.20 Elect Nominee No. 3.20

MGMT

YES

AGAINST

3.21 Elect Nominee No. 3.21

MGMT

YES

AGAINST

3.22 Elect Nominee No. 3.22

MGMT

YES

AGAINST

3.23 Elect Nominee No. 3.23

MGMT

YES

AGAINST

3.24 Elect Nominee No. 3.24

MGMT

YES

AGAINST

3.25 Elect Nominee No. 3.25

MGMT

YES

AGAINST

3.26 Elect Nominee No. 3.26

MGMT

YES

AGAINST

3.27 Elect Nominee No. 3.27

MGMT

YES

AGAINST

3.28 Elect Nominee No. 3.28

MGMT

YES

AGAINST

3.29 Elect Nominee No. 3.29

MGMT

YES

AGAINST

3.30 Elect Nominee No. 3.30

MGMT

YES

AGAINST

3.31 Elect Nominee No. 3.31

MGMT

YES

AGAINST

3.32 Elect Nominee No. 3.32

MGMT

YES

AGAINST

3.33 Elect Nominee No. 3.33

MGMT

YES

AGAINST

3.34 Elect Nominee No. 3.34

MGMT

YES

AGAINST

3.35 Elect Nominee No. 3.35

MGMT

YES

AGAINST

3.36 Elect Nominee No. 3.36

MGMT

YES

AGAINST

4.01 Elect Statutory Auditors

MGMT

YES

FOR

4.02 Elect Statutory Auditors

MGMT

YES

FOR

4.03 Elect Statutory Auditors

MGMT

YES

FOR

5.00 Approve Directors’ Fees

MGMT

YES

FOR

6.00 Approve Bonus

MGMT

YES

FOR

7.00 Approve Bonuses for Retiring Directors

MGMT

YES

AGAINST

7.00 Approve Bonuses for Retiring Statutory Auditors

MGMT

YES

AGAINST

Interpublic Group of Cos

IPG

460690100

5/18/2004

1.01 Elect David A. Bell

MGMT

YES

FOR

1.02 Elect Frank J. Borelli

MGMT

YES

FOR

1.03 Elect Reginald K. Brack Jr.

MGMT

YES

FOR

1.04 Elect Jill M. Considine

MGMT

YES

FOR

1.05 Elect Christopher J. Coughlin

MGMT

YES

W’HOLD

AGAINST

1.06 Elect John J. Dooner Jr.

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Richard A. Goldstein

MGMT

YES

FOR

1.08 Elect H. John Greeniaus

MGMT

YES

FOR

1.09 Elect Michael I. Roth

MGMT

YES

FOR

1.10 Elect J. Phillip Samper

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

5.00 SP-Review or Implement MacBride Principles

YES

ABSTAIN

AGAINST

King Pharmaceuticals

495582108

11/4/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Laboratory Corp of America Holdings

50540R409

5/12/2004

1.01 Elect Thomas P. Mac Mahon

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Jean-Luc Belingard

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Wendy E. Lane

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Robert E. Mittelstaedt Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Andrew G. Wallace

MGMT

YES

W’HOLD

AGAINST

1.06 Elect M. Keith Weikel

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Craig M. Watson

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Liberty Media Corp

530718105

6/9/2004

1.01 Elect Robert R. Bennett

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Paul A. Gould

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John C. Malone

MGMT

YES

W’HOLD

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Marathon Oil

MRO

565849106

4/28/2004

1.01 Elect Charles F. Bolden Jr.

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles R. Lee

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Dennis H. Reilley

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Thomas J. Usher

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Report or Take Action on Climate Change

YES

FOR

AGAINST

4.00 SP-Golden Parachutes

YES

FOR

AGAINST

MBIA

MBI

55262C100

5/6/2004

1.01 Elect Joseph W. Brown

MGMT

YES

FOR

1.02 Elect C. Edward Chaplin

MGMT

YES

FOR

1.03 Elect David C. Clapp

MGMT

YES

FOR

1.04 Elect Gary C. Dunton

MGMT

YES

FOR

1.05 Elect Claire L. Gaudiani

MGMT

YES

FOR

1.06 Elect Freda S. Johnson

MGMT

YES

FOR

1.07 Elect Daniel P. Kearney

MGMT

YES

FOR

1.08 Elect James A. Lebenthal

MGMT

YES

FOR

1.09 Elect Debra J. Perry

MGMT

YES

FOR

1.10 Elect John A. Rolls

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

McDonald’s Corp

MCD

580135101

5/20/2004

1.01 Elect Edward A. Brennan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Walter E. Massey

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John W. Rogers Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Anne-Marie Slaughter

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Roger W. Stone

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Stock Option Plan

MGMT

YES

AGAINST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

Nokia

NOK

2640891

3/25/2004

1.01 Approve Financial Statements

MGMT

YES

FOR

1.02 Set Dividend/Allocate Profits

MGMT

YES

FOR

1.03 Ratify Board Acts-Legal

MGMT

YES

AGAINST

1.03 Ratify Management Acts-Legal

MGMT

YES

AGAINST

1.04 Approve Directors’ Fees

MGMT

YES

AGAINST

1.05 Election of Directors by Slate

MGMT

YES

AGAINST

1.06 Set Auditors’ Fees

MGMT

YES

FOR

1.07 Appoint Outside Auditors

MGMT

YES

FOR

2.00 Cancel Authorized Stock

MGMT

YES

FOR

2.00 Reduce Authorized Capital

MGMT

YES

FOR

3.00 Increase Authorized Capital

MGMT

YES

FOR

3.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

4.00 Authorize Share Repurchase

MGMT

YES

FOR

5.00 Authorize Trade in Company Stock

MGMT

YES

FOR

6.00 Authorize Charitable Donations

MGMT

YES

FOR

Occidental Petroleum

OXY

674599105

4/30/2004

1.01 Elect Ronald W. Burkle

MGMT

YES

FOR

1.02 Elect John S. Chalsty

MGMT

YES

FOR

1.03 Elect Edward P. Djerejian

MGMT

YES

FOR

1.04 Elect R. Chad Dreier

MGMT

YES

FOR

1.05 Elect John E. Feick

MGMT

YES

FOR

1.06 Elect Ray R. Irani

MGMT

YES

FOR

1.07 Elect Dale R. Laurance

MGMT

YES

FOR

1.08 Elect Irvin W. Maloney

MGMT

YES

FOR

1.09 Elect Rodolfo Segovia

MGMT

YES

FOR

1.10 Elect Aziz D. Syriani

MGMT

YES

FOR

1.11 Elect Rosemary Tomich

MGMT

YES

FOR

1.12 Elect Walter L. Weisman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Director Stock Award Plan

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Omnicare Inc

OCR

681904108

5/18/2004

1.01 Elect Edward L. Hutton

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Joel F. Gemunder

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Charles H. Erhart Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect David W. Froesel Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Sandra E. Laney

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Andrea R. Lindell

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Sheldon Margen

MGMT

YES

W’HOLD

AGAINST

1.08 Elect John H. Timoney

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Amy Wallman

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Quest Diagnostics

DGX

74834L100

5/4/2004

1.01 Elect William R. Grant

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Surya N. Mohapatra

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John C. Baldwin

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Republic Services Inc

RSG

760759100

5/11/2004

1.01 Elect James E. O’Connor

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Harris W. Hudson

MGMT

YES

W’HOLD

AGAINST

1.03 Elect John W. Croghan

MGMT

YES

W’HOLD

AGAINST

1.04 Elect W. Lee Nutter

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Ramon A. Rodriguez

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Allan C. Sorensen

MGMT

YES

W’HOLD

AGAINST

2.00 Adjourn Meeting

MGMT

YES

FOR

Safeway Inc

SWY

786514208

5/20/2004

1.01 Elect Steven A. Burd

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Robert I. MacDonnell

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William Y. Tauscher

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 Exchange Underwater Options

MGMT

YES

AGAINST

5.00 SP-Independent Board Chairman

YES

FOR

AGAINST

6.00 SP-Adopt Cumulative Voting

YES

FOR

AGAINST

7.00 SP-Review or Curb Bioengineering

YES

FOR

AGAINST

8.00 SP-Report on Sustainability

YES

FOR

AGAINST

9.00 SP-Review Political Spending

YES

FOR

AGAINST

10.00 SP-Expense Stock Options

YES

FOR

AGAINST

SPX

SPW

784635104

4/28/2004

1.01 Elect Sarah R. Coffin

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Charles E. Johnson II

MGMT

YES

W’HOLD

AGAINST

1.03 Elect David P. Williams

MGMT

YES

W’HOLD

AGAINST

Textron

TXT

883203101

4/28/2004

1.01 Elect Kathleen M. Bader

MGMT

YES

W’HOLD

AGAINST

1.02 Elect R. Kerry Clark

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Ivor J. Evans

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Charles D. Powell

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review Foreign Military Sales

YES

FOR

AGAINST

6.00 SP-Review Political Spending

YES

FOR

AGAINST

7.00 SP-Limit or End Charitable Giving

YES

AGAINST

FOR

Thermo Electron Corp

TMO

883556102

5/18/2004

1.01 Elect Marijn E. Dekkers

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Robert A. McCabe

MGMT

YES

FOR

1.03 Elect Robert W. O’Leary

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Time Warner Inc

TWX

887317105

5/21/2004

1.01 Elect James L. Barksdale

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Stephen F. Bollenbach

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Stephen M. Case

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Frank J. Caufield

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Robert C. Clark

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Miles R. Gilburne

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Carla A. Hills

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Reuben Mark

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Michael A. Miles

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Kenneth J. Novack

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Richard D. Parsons

MGMT

YES

W’HOLD

AGAINST

1.12 Elect Robert E. Turner

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Francis T. Vincent Jr.

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-China—Adopt Code of Conduct

YES

FOR

AGAINST

4.00 SP-Link Executive Pay to Social Criteria

YES

FOR

AGAINST

Tyco International

TYC

902124106

3/25/2004

1.01 Elect Dennis C. Blair

MGMT

YES

FOR

1.02 Elect Edward D. Breen

MGMT

YES

FOR

1.03 Elect George W. Buckley

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Bruce S. Gordon

MGMT

YES

FOR

1.05 Elect John A. Krol

MGMT

YES

FOR

1.06 Elect H. Carl McCall

MGMT

YES

FOR

1.07 Elect Mackey J. McDonald

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Brendan R. O’Neill

MGMT

YES

FOR

1.09 Elect Sandra S. Wijnberg

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Jerome B. York

MGMT

YES

FOR

1.11 Elect Brian Duperreault

MGMT

YES

W’HOLD

AGAINST

2.00 Authorize Committee to Set Auditors’ Fees

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt New Bylaws

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

FOR

5.00 SP-Review and reduce toxic emissions

YES

FOR

6.00 Reincorporate to U.S. State

YES

FOR

AGAINST

7.00 Implement Executive Compensation Plan

YES

FOR

AGAINST

Watson Pharmaceuticals Inc

WPI

942683103

5/17/2004

1.01 Elect Allen Y. Chao

MGMT

YES

FOR

1.02 Elect Michel J. Feldman

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Fred G. Weiss

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

YES

FOR

AGAINST

Account Number 7: NCF-Seneca Small

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote

For/Agnst
Mgmt

Alaris Medical Systems

AMI

011637105

4/28/2004

1.01 Elect Hank Brown

MGMT

YES

FOR

1.02 Elect Norman M. Dean

MGMT

YES

FOR

1.03 Elect Henry Green

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Jacqueline B. Kosecoff

MGMT

YES

FOR

1.05 Elect David L. Schlotterbeck

MGMT

YES

FOR

1.06 Elect Barry D. Shalov

MGMT

YES

W’HOLD

AGAINST

1.07 Elect William T. Tumber

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

BJ’s Wholesale Club Inc

05548J106

5/20/2004

1.01 Elect S. James Coppersmith

MGMT

YES

FOR

1.02 Elect Thomas J. Shields

MGMT

YES

FOR

1.03 Elect Herbert J. Zarkin

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

2.00 Amend Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Boise Cascade

BCC

097383103

12/9/2003

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

Cathay General Bancorp

CATY

149150104

4/19/2004

1.01 Elect Kelly L. Chan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Dunson K. Cheng

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Thomas C.T. Chiu

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Chi-Hung Joseph Poon

MGMT

YES

W’HOLD

AGAINST

CNET Networks

CNET

12613R104

5/4/2004

1.01 Elect John C. Colligan

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Jarl Mohn

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Cott

COT

2228941

4/27/2004

1.00 Elect Colin J. Adair

MGMT

YES

FOR

2.00 Elect W. John Bennett

MGMT

YES

FOR

3.00 Elect C. Hunter Boll

MGMT

YES

FOR

4.00 Elect Serge Gouin

MGMT

YES

FOR

5.00 Elect Thomas M. Hagerty

MGMT

YES

FOR

6.00 Elect Stephen H. Halperin

MGMT

YES

FOR

7.00 Elect David V. Harkins

MGMT

YES

FOR

8.00 Elect Philip B. Livingston

MGMT

YES

FOR

9.00 Elect Christine Magee

MGMT

YES

FOR

10.00 Elect John K. Sheppard

MGMT

YES

FOR

11.00 Elect Donald G. Watt

MGMT

YES

FOR

12.00 Elect Frank E. Weiss III

MGMT

YES

AGAINST

13.00 Appoint Outside Auditors

MGMT

YES

FOR

14.00 Approve Executive Profit Sharing/Bonus Plan

MGMT

YES

ABSTAIN

AGAINST

15.00 Amend Stock Option Plan

MGMT

YES

FOR

Crane

224399105

4/26/2004

1.01 Elect Karen E. Dykstra

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Richard S. Forte

MGMT

YES

W’HOLD

AGAINST

1.03 Elect William E. Lipner

MGMT

YES

W’HOLD

AGAINST

1.04 Elect James L.L. Tullis

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 SP-Review or Implement MacBride Principles

YES

ABSTAIN

AGAINST

Dendrite International Inc

DRTE

248239105

5/17/2004

1.01 Elect John E. Bailye

MGMT

YES

FOR

1.02 Elect John A. Fazio

MGMT

YES

FOR

1.03 Elect Bernard M. Goldsmith

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Edward J. Kfoury

MGMT

YES

FOR

1.05 Elect Paul A. Margolis

MGMT

YES

FOR

1.06 Elect John H. Martinson

MGMT

YES

FOR

1.07 Elect Terry H. Osborne

MGMT

YES

FOR

1.08 Elect Patrick J. Zenner

MGMT

YES

W’HOLD

AGAINST

DJ Orthopedics

DJO

23325G104

6/3/2004

1.01 Elect Jack R. Blair

MGMT

YES

FOR

1.02 Elect Mitchell J. Blutt

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Dycom Industries

267475101

11/25/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

Embarcadero Technologies

EMBT

290787100

6/15/2004

1.01 Elect Timothy C. K. Chou

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Frank M. Polestra

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

F5 Networks

FFIV

315616102

4/29/2004

1.01 Elect John McAdam

MGMT

YES

FOR

1.02 Elect Alan J. Higginson

MGMT

YES

W’HOLD

AGAINST

2.01 Elect Rich Malone

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

4.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

Furniture Brands International

FBN

360921100

4/29/2004

1.01 Elect Katherine Button Bell

MGMT

YES

FOR

1.02 Elect John T. Foy

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Wilbert G. Holliman

MGMT

YES

FOR

1.04 Elect John R. Jordan, Jr.

MGMT

YES

FOR

1.05 Elect Donald E. Lasater

MGMT

YES

FOR

1.06 Elect Lee M. Liberman

MGMT

YES

FOR

1.07 Elect Richard B. Loynd

MGMT

YES

FOR

1.08 Elect Bob L. Martin

MGMT

YES

FOR

1.09 Elect Aubrey B. Patterson

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Albert E. Suter

MGMT

YES

FOR

Gen-Probe

GPRO

36866T103

5/28/2004

1.01 Elect Mae C. Jemison

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Brian A. McNamee

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Armin M. Kessler

MGMT

YES

W’HOLD

AGAINST

2.00 Increase Authorized Common Stock

MGMT

YES

AGAINST

3.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Global Payments

GPN

37940X102

10/22/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

Graftech International Ltd

GTI

384313102

5/26/2004

1.01 Elect Gilbert E. Playford

MGMT

YES

FOR

1.02 Elect R. Eugene Cartledge

MGMT

YES

FOR

1.03 Elect Mary B. Cranston

MGMT

YES

FOR

1.04 Elect John R. Hall

MGMT

YES

FOR

1.05 Elect Harold E. Layman

MGMT

YES

FOR

1.06 Elect Ferrell P. McClean

MGMT

YES

FOR

1.07 Elect Michael C. Nahl

MGMT

YES

FOR

1.08 Elect Craig S. Shular

MGMT

YES

FOR

2.00 SP-Increase Pension Benefits

YES

AGAINST

FOR

Harmonic Inc

HLIT

413160102

5/27/2004

1.01 Elect Anthony J. Ley

MGMT

YES

FOR

1.02 Elect E. Floyd Kvamme

MGMT

YES

FOR

1.03 Elect William F. Reddersen

MGMT

YES

FOR

1.04 Elect Lewis Solomon

MGMT

YES

FOR

1.05 Elect Michel L. Vaillaud

MGMT

YES

FOR

1.06 Elect David R. Van Valkenburg

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

4.00 Amend Director Stock Option Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Hughes Supply Inc

HUG

444482103

5/20/2004

1.01 Elect John D. Baker II

MGMT

YES

FOR

1.02 Elect Dale E. Jones

MGMT

YES

FOR

1.03 Elect William P. Kennedy

MGMT

YES

FOR

1.04 Elect Patrick J. Knipe

MGMT

YES

FOR

2.00 Approve Other Business

MGMT

YES

AGAINST

International Rectifier

IRF

460254105

11/24/2003

1.00 Elect Directors

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Jos A Bank Clothiers

JOSB

480838101

6/25/2004

1.01 Elect Gary S. Gladstein

MGMT

YES

ABSTAIN

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Linens ‘n’ Things

LIN

535679104

5/6/2004

1.01 Elect Stanley P. Goldstein

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Robert J. Kamerschen

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

MGI Pharma

MOGN

552880106

5/11/2004

1.01 Elect Andrew J. Ferrara

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Gilla Kaplan

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Edward W. Mehrer

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Hugh E. Miller

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Leon O. Moulder, Jr.

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Lee J. Schroeder

MGMT

YES

W’HOLD

AGAINST

1.07 Elect David B. Sharrock

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Waneta C. Tuttle

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Arthur L. Weaver

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

MKS Instruments

MKSI

55306N104

5/13/2004

1.01 Elect James G. Berges

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Richard S. Chute

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Owen W. Robbins

MGMT

YES

W’HOLD

AGAINST

2.00 Adopt Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Director Stock Option Plan

MGMT

YES

FOR

4.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

6.00 Ratify Selection of Auditors

MGMT

YES

FOR

Netgear

NTGR

64111Q104

6/16/2004

1.01 Elect Patrick C.S. Lo

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Ralph E. Faison

MGMT

YES

W’HOLD

AGAINST

1.03 Elect A. Timothy Godwin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Linwood A. Lacy, Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Gerald A. Poch

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Gregory J. Rossmann

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Stephen D. Royer

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Pacific Sunwear of California Inc

PSUN

694873100

5/19/2004

1.01 Elect Sally Frame Kasaks

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Peter M. Starrett

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Thomas M. Murnane

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Pep Boys-Manny Moe & Jack

PBY

713278109

6/2/2004

1.01 Elect M. Shan Atkins

MGMT

YES

FOR

1.02 Elect Peter A. Bassi

MGMT

YES

FOR

1.03 Elect Bernard J. Korman

MGMT

YES

FOR

1.04 Elect J. Richard Leaman Jr.

MGMT

YES

FOR

1.05 Elect William Leonard

MGMT

YES

FOR

1.06 Elect Malcolmn D. Pryor

MGMT

YES

FOR

1.07 Elect Jane Scaccetti

MGMT

YES

FOR

1.08 Elect Lawrence N. Stevenson

MGMT

YES

FOR

1.09 Elect Benjamin Strauss

MGMT

YES

W’HOLD

AGAINST

1.10 Elect John T. Sweetwood

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 SP-Redeem or Vote on Poison Pill

YES

FOR

AGAINST

PerkinElmer

PKI

714046109

4/27/2004

1.01 Elect Tamara J. Erickson

MGMT

YES

FOR

1.02 Elect Nicholas A. Lopardo

MGMT

YES

FOR

1.03 Elect Alexis P. Michas

MGMT

YES

FOR

1.04 Elect James C. Mullen

MGMT

YES

FOR

1.05 Elect Vicki L. Sato

MGMT

YES

FOR

1.06 Elect Gabriel Schmergel

MGMT

YES

FOR

1.07 Elect Kenton J. Sicchitano

MGMT

YES

FOR

1.08 Elect Gregory L. Summe

MGMT

YES

FOR

1.09 Elect G. Robert Tod

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

YES

FOR

AGAINST

Plexus

PLXS

729132100

2/11/2004

1.01 Elect Stephen P. Cortinovis

MGMT

YES

W’HOLD

AGAINST

1.02 Elect David Drury

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Dean A. Foate

MGMT

YES

W’HOLD

AGAINST

1.04 Elect John L. Nussbaum

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Thomas J. Prosser

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Charles M. Strother

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Jan K. Ver Hagen

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Quest Software

QSFT

74834T103

6/9/2004

1.01 Elect Vincent C. Smith

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Doran G. Machin

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Jerry Murdock Jr.

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Raymond J. Lane

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Augustine L. Nieto II

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Kevin M. Klausmeyer

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Approve Board Size

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Ryder System

783549108

5/7/2004

1.01 Elect John M. Berra

MGMT

YES

FOR

1.02 Elect David I. Fuente

MGMT

YES

FOR

1.03 Elect Eugene A. Renna

MGMT

YES

FOR

1.04 Elect Abbie J. Smith

MGMT

YES

FOR

1.05 Elect Christine A. Varney

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

SonicWALL

SNWL

835470105

6/4/2004

1.01 Elect David W. Garrison

MGMT

YES

FOR

1.02 Elect Charles D. Kissner

MGMT

YES

FOR

1.03 Elect Matthew Medeiros

MGMT

YES

FOR

1.04 Elect Cary H. Thompson

MGMT

YES

FOR

1.05 Elect Robert M. Williams

MGMT

YES

FOR

1.06 Elect Edward F. Thompson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGAINST

Sports Authority Inc

TSA

84917U109

6/4/2004

1.01 Elect Gordon D. Barker

MGMT

YES

FOR

1.02 Elect Mary Elizabeth Burton

MGMT

YES

FOR

1.03 Elect Cynthia R. Cohen

MGMT

YES

FOR

1.04 Elect Peter R. Formanek

MGMT

YES

FOR

1.05 Elect Martin E. Hanaka

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Kevin M. McGovern

MGMT

YES

FOR

1.07 Elect John Douglas Morton

MGMT

YES

FOR

1.08 Elect Jonathan D. Sokoloff

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Terex Corp

TEX

880779103

5/25/2004

1.01 Elect Ronald M. DeFeo

MGMT

YES

FOR

1.02 Elect G. Chris Andersen

MGMT

YES

FOR

1.03 Elect Don DeFosset

MGMT

YES

FOR

1.04 Elect William H. Fike

MGMT

YES

FOR

1.05 Elect Donald P. Jacobs

MGMT

YES

FOR

1.06 Elect David A. Sachs

MGMT

YES

FOR

1.07 Elect J.C. Watts Jr.

MGMT

YES

FOR

1.08 Elect Helge H. Wehmeier

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

6.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

7.00 Adopt Director Stock Option Plan

MGMT

YES

AGAINST

Tetra Tech

TTEK

88162G103

2/26/2004

1.01 Elect Li-San Hwang

MGMT

YES

W’HOLD

AGAINST

1.02 Elect James A. Jaska

MGMT

YES

W’HOLD

AGAINST

1.03 Elect J. Christopher Lewis

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Patrick C. Haden

MGMT

YES

W’HOLD

AGAINST

1.05 Elect James J. Shelton

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Daniel A. Whalen

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Hugh M. Grant

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Richard H Truly

MGMT

YES

W’HOLD

AGAINST

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Texas Capital Bancshares

TCBI

88224Q107

5/18/2004

1.01 Elect Peter B. Bartholow

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Leo Corrigan III

MGMT

YES

W’HOLD

AGAINST

1.03 Elect James R. Erwin

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Joseph M. Grant

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Frederick B. Hegi Jr.

MGMT

YES

W’HOLD

AGAINST

1.06 Elect James R. Holland, Jr.

MGMT

YES

W’HOLD

AGAINST

1.07 Elect George F. Jones, Jr.

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Larry A. Makel

MGMT

YES

W’HOLD

AGAINST

1.09 Elect Walter W. McAllister III

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Lee Roy Mitchell

MGMT

YES

W’HOLD

AGAINST

1.11 Elect Steve Rosenberg

MGMT

YES

W’HOLD

AGAINST

1.12 Elect John C. Snyder

MGMT

YES

W’HOLD

AGAINST

1.13 Elect Robert W. Stallings

MGMT

YES

W’HOLD

AGAINST

1.14 Elect James Cleo Thompson, Jr.

MGMT

YES

W’HOLD

AGAINST

1.15 Elect Ian J. Turpin

MGMT

YES

W’HOLD

AGAINST

Toro

TTC

891092108

3/12/2004

1.01 Elect Robert C. Buhrmaster

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Winslow H. Buxton

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Robert H. Nassau

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Christopher A. Twomey

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGAINST

Tractor Supply

TSCO

892356106

4/15/2004

1.01 Elect James F. Wright

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Gerard E. Jones

MGMT

YES

W’HOLD

AGAINST

1.03 Elect Edna K. Morris

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Trimble Navigation Ltd

TRMB

896239100

5/19/2004

1.01 Elect Steven W. Berglund

MGMT

YES

FOR

1.02 Elect Robert S. Cooper

MGMT

YES

FOR

1.03 Elect John B. Goodrich

MGMT

YES

FOR

1.04 Elect William Hart

MGMT

YES

FOR

1.05 Elect Ulf J. Johansson

MGMT

YES

FOR

1.06 Elect Bradford W. Parkinson

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Nickolas W. VandeSteeg

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGAINST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

AGAINST

Westamerica Bancorporation

WABC

957090103

4/22/2004

1.01 Elect Etta Allen

MGMT

YES

W’HOLD

AGAINST

1.02 Elect Louis E. Bartolini

MGMT

YES

W’HOLD

AGAINST

1.03 Elect E. Joseph Bowler

MGMT

YES

W’HOLD

AGAINST

1.04 Elect Arthur C. Latno Jr.

MGMT

YES

W’HOLD

AGAINST

1.05 Elect Patrick D. Lynch

MGMT

YES

W’HOLD

AGAINST

1.06 Elect Catherine Cope MacMillan

MGMT

YES

W’HOLD

AGAINST

1.07 Elect Ronald A. Nelson

MGMT

YES

W’HOLD

AGAINST

1.08 Elect Carl R. Otto

MGMT

YES

W’HOLD

AGAINST

1.09 Elect David L. Payne

MGMT

YES

W’HOLD

AGAINST

1.10 Elect Edward B. Sylvester

MGMT

YES

W’HOLD

AGAINST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

New Covenant Income Fund: Not Applicable

New Covenant Balanced Growth Fund: Not Applicable

New Covenant Balanced Income Fund: Not Applicable

Any ballot marked ‘Abstain’ is considered to have been voted. Ballots marked ‘Abstain’ are considered to be have been voted against management’s recommendation, regardless of whether the recommendation is ‘For’ or ‘Against,’ except where management has made no recommendation.

Where management has made no recommendation on a ballot item, the abbreviation N/A is used to denote that there is no applicable recommendation compared to which a vote may be ‘For’ or ‘Against’ the recommendation of 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.

Frank Kenneth Bateman, Jr.

(Registrant)


By (Signature & Title)		/s/ Frank Kenneth Bateman, Jr.
		Frank Kenneth Bateman, Jr.
		President of New Covenant Funds

Date August 18, 2004

New Covenant Growth Fd (NCGFX) N-PXAnnual report of proxy voting record