Fidelity Congress Street Fund (CNGRX) Inactive
Filed: 27 Aug 04, 12:00am
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-00971
EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Congress Street Fund
Fund Name: Fidelity Congress Street Fund
82 DEVONSHIRE STREET, BOSTON, MA 02109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
ERIC D. ROITER, SECRETARY, 82 DEVONSHIRE STREET, BOSTON, MA 02109
(NAME AND ADDRESS OF AGENT FOR SERVICE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 617-563-7000
DATE OF FISCAL YEAR END: DECEMBER 31
DATE OF REPORTING PERIOD: 06/30/2004
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, THERE UNTO DULY AUTHORIZED.
Fidelity Congress Street Fund
BY: /s/ CHRISTINE REYNOLDS
-----------------------------------------------------
CHRISTINE REYNOLDS, TREASURER, FIDELITY MANAGEMENT & RESEARCH COMPANY
DATE: 08/12/2004 11:37:30 AM
EXHIBIT A
VOTE SUMMARY REPORT
Fidelity Congress Street Fund
07/01/2003 - 06/30/2004
Note: The Security ID will be the CUSIP (Committee on Uniform Securities Identification Procedures) when available. When CUSIP is not available, an alternate identifier, e.g., CINS, will be provided.
| ISSUER NAME: AGILENT TECHNOLOGIES, INC. MEETING DATE: 03/02/2004 | ||||
| TICKER: A SECURITY ID: 00846U101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JAMES G. CULLEN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT ROBERT L. JOSS AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT WALTER B. HEWLETT AS A DIRECTOR | Management | For | For |
| 2 | THE RATIFICATION OF THE AUDIT AND FINANCE COMMITTEE S APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP, AS AGILENT S INDEPENDENT AUDITORS. | Management | For | For |
| ISSUER NAME: ALTRIA GROUP, INC. MEETING DATE: 04/29/2004 | ||||
| TICKER: MO SECURITY ID: 02209S103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT ELIZABETH E. BAILEY AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT MATHIS CABIALLAVETTA AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT LOUIS C. CAMILLERI AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT J. DUDLEY FISHBURN AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT ROBERT E. R. HUNTLEY AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT THOMAS W. JONES AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT LUCIO A. NOTO AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT JOHN S. REED AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT CARLOS SLIM HELU AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT STEPHEN M. WOLF AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE SELECTION OF INDEPENDENT AUDITORS | Management | For | For |
| 3 | STOCKHOLDER PROPOSAL NO. 1 | Shareholder | Against | Against |
| 4 | STOCKHOLDER PROPOSAL NO. 2 | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL NO. 3 | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL NO. 4 | Shareholder | Against | Against |
| 7 | STOCKHOLDER PROPOSAL NO. 5 | Shareholder | Against | Against |
| 8 | STOCKHOLDER PROPOSAL NO. 6 | Shareholder | Against | Against |
| ISSUER NAME: ANHEUSER-BUSCH COMPANIES, INC. MEETING DATE: 04/28/2004 | ||||
| TICKER: BUD SECURITY ID: 035229103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT AUGUST A. BUSCH III AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT CARLOS FERNANDEZ G. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JAMES R. JONES AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ANDREW C. TAYLOR AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT DOUGLAS A. WARNER III AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF INDEPENDENT AUDITORS | Management | For | For |
| ISSUER NAME: BANK ONE CORPORATION MEETING DATE: 05/25/2004 | ||||
| TICKER: ONE SECURITY ID: 06423A103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | MERGER PROPOSAL | Management | For | For |
| 2.1 | ELECT BRYAN AS A DIRECTOR | Management | For | For |
| 2.2 | ELECT BURKE AS A DIRECTOR | Management | For | For |
| 2.3 | ELECT CROWN AS A DIRECTOR | Management | For | For |
| 2.4 | ELECT DIMON AS A DIRECTOR | Management | For | For |
| 2.5 | ELECT FAY AS A DIRECTOR | Management | For | For |
| 2.6 | ELECT JACKSON AS A DIRECTOR | Management | For | For |
| 2.7 | ELECT KESSLER AS A DIRECTOR | Management | For | For |
| 2.8 | ELECT LIPP AS A DIRECTOR | Management | For | For |
| 2.9 | ELECT MANOOGIAN AS A DIRECTOR | Management | For | For |
| 2.10 | ELECT NOVAK AS A DIRECTOR | Management | For | For |
| 2.11 | ELECT ROGERS AS A DIRECTOR | Management | For | For |
| 2.12 | ELECT STRATTON AS A DIRECTOR | Management | For | For |
| 3 | RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITOR | Management | For | For |
| ISSUER NAME: CHEVRONTEXACO CORPORATION MEETING DATE: 04/28/2004 | ||||
| TICKER: CVX SECURITY ID: 166764100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT S.H. ARMACOST AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT R.E. DENHAM AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT R.J. EATON AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT S. GINN AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT C.A. HILLS AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT F.G. JENIFER AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT J.B. JOHNSTON AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT S. NUNN AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT D.J. O'REILLY AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT P.J. ROBERTSON AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT C.R. SHOEMATE AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT C. WARE AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF INDEPENDENT ACCOUNTANTS | Management | For | For |
| 3 | SHOW SUPPORT FOR THE STOCKHOLDER RIGHTS PLAN POLICY | Management | For | For |
| 4 | APPROVAL OF THE LONG-TERM INCENTIVE PLAN | Management | For | For |
| 5 | HIV/AIDS, TUBERCULOSIS, AND MALARIA | Shareholder | Against | Against |
| 6 | POLITICAL DISCLOSURE | Shareholder | Against | Against |
| 7 | DIRECTOR ELECTION VOTE THRESHOLD | Shareholder | Against | Against |
| 8 | REPORT ON ECUADOR | Shareholder | Against | Against |
| 9 | RENEWABLE ENERGY | Shareholder | Against | Against |
| ISSUER NAME: CITIGROUP INC. MEETING DATE: 04/20/2004 | ||||
| TICKER: C SECURITY ID: 172967101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT C. MICHAEL ARMSTRONG AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT ALAIN J.P. BELDA AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT GEORGE DAVID AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT KENNETH T. DERR AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT JOHN M. DEUTCH AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT R. HERNANDEZ RAMIREZ AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT ANN DIBBLE JORDAN AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT DUDLEY C. MECUM AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT RICHARD D. PARSONS AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT ANDRALL E. PEARSON AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT CHARLES PRINCE AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT ROBERT E. RUBIN AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT FRANKLIN A. THOMAS AS A DIRECTOR | Management | For | For |
| 1.14 | ELECT SANFORD I. WEILL AS A DIRECTOR | Management | For | For |
| 1.15 | ELECT ROBERT B. WILLUMSTAD AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS CITIGROUP S INDEPENDENT AUDITORS FOR 2004. | Management | For | For |
| 3 | STOCKHOLDER PROPOSAL REQUESTING A CURB ON EXECUTIVE COMPENSATION, NO FUTURE STOCK OPTION GRANTS AND NO RENEWALS OR EXTENSIONS OF OPTION PLANS. | Shareholder | Against | Against |
| 4 | STOCKHOLDER PROPOSAL REQUESTING A REPORT ON POLITICAL CONTRIBUTIONS. | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL REQUESTING A DISCONTINUATION OF ALL RIGHTS, OPTIONS, SAR S AND POSSIBLE SEVERANCE PAYMENTS TO THE TOP 5 OF MANAGEMENT. | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL REQUESTING THAT THE CHAIRMAN OF THE BOARD HAVE NO MANAGEMENT DUTIES, TITLES OR RESPONSIBILITIES. | Shareholder | Against | Against |
| ISSUER NAME: COLGATE-PALMOLIVE COMPANY MEETING DATE: 05/07/2004 | ||||
| TICKER: CL SECURITY ID: 194162103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT J.K. CONWAY AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT R.E. FERGUSON AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT C.M. GUTIERREZ AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT E.M. HANCOCK AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT D.W. JOHNSON AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT R.J. KOGAN AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT D.E. LEWIS AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT R. MARK AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT E.A. MONRAD AS A DIRECTOR | Management | For | For |
| 2 | RATIFY SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT AUDITORS | Management | For | For |
| 3 | REAPPROVAL OF PORTIONS OF THE COMPANY S STOCKHOLDER-APPROVED EXECUTIVE INCENTIVE COMPENSATION PLAN | Management | For | For |
| 4 | STOCKHOLDER PROPOSAL ON GOLDEN PARACHUTE SEVERANCE PAY | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL ON WORKPLACE HUMAN RIGHTS | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL ON INDEPENDENT CHAIRMAN | Shareholder | Against | Against |
| ISSUER NAME: CONSOLIDATED EDISON, INC. MEETING DATE: 05/17/2004 | ||||
| TICKER: ED SECURITY ID: 209115104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT V.A. CALARCO AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT G. CAMPBELL, JR. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT G.J. DAVIS AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT M.J. DEL GIUDICE AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT J.S. FREILICH AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT E.V. FUTTER AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT S. HERNANDEZ-PINERO AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT P.W. LIKINS AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT E.R. MCGRATH AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT F.V. SALERNO AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT S.R. VOLK AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT ACCOUNTANTS. | Management | For | For |
| 3 | APPROVAL OF STOCK PURCHASE PLAN. | Management | For | Against |
| 4 | ADDITIONAL COMPENSATION INFORMATION. | Shareholder | Against | Against |
| ISSUER NAME: DEL MONTE FOODS COMPANY MEETING DATE: 09/12/2003 | ||||
| TICKER: DLM SECURITY ID: 24522P103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT SAMUEL H. ARMACOST AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT TERENCE D. MARTIN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT RICHARD G. WOLFORD AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE DEL MONTE FOODS COMPANY S ANNUAL INCENTIVE PLAN, AS AMENDED, TO COMPLY WITH SECTION 162(M) OF THE INTERNAL REVENUE CODE. | Management | For | For |
| 3 | TO RATIFY THE APPOINTMENT OF KPMG LLP AS DEL MONTE FOODS COMPANY S INDEPENDENT AUDITORS FOR ITS FISCAL YEAR ENDING MAY 2, 2004. | Management | For | For |
| ISSUER NAME: EASTMAN CHEMICAL COMPANY MEETING DATE: 05/06/2004 | ||||
| TICKER: EMN SECURITY ID: 277432100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT RENEE J. HORNBAKER AS A DIRECTOR | Management | For | Withhold |
| 1.2 | ELECT THOMAS H. MCLAIN AS A DIRECTOR | Management | For | Withhold |
| 1.3 | ELECT PETER M. WOOD AS A DIRECTOR | Management | For | Withhold |
| 2 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS | Management | For | For |
| 3 | ADOPTION OF STOCKHOLDER PROPOSAL TO UTILIZE RESTRICTED SHARES IN LIEU OF STOCK OPTIONS AS EXECUTIVE STOCK-BASED COMPENSATION | Shareholder | Against | Against |
| ISSUER NAME: ELI LILLY AND COMPANY MEETING DATE: 04/19/2004 | ||||
| TICKER: LLY SECURITY ID: 532457108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT S.C. BEERING AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT W. BISCHOFF AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT F.G. PRENDERGAST AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT K.P. SEIFERT AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF ERNST & YOUNG LLP AS PRINCIPAL INDEPENDENT AUDITORS FOR 2004. | Management | For | For |
| 3 | APPROVE THE ELI LILLY AND COMPANY BONUS PLAN. | Management | For | For |
| 4 | PROPOSAL BY SHAREHOLDERS THAT THE BOARD ADOPT A COMPENSATION PROGRAM LIMITING THE COMPENSATION OF SENIOR EXECUTIVES TO SPECIFIED LEVELS. | Shareholder | Against | Against |
| 5 | PROPOSAL BY SHAREHOLDERS THAT THE BOARD REPORT ON HOW THE COMPANY WILL RESPOND TO PRESSURE TO INCREASE ACCESS TO AND AFFORDABILITY OF PRESCRIPTION DRUGS. | Shareholder | Against | Against |
| ISSUER NAME: EXXON MOBIL CORPORATION MEETING DATE: 05/26/2004 | ||||
| TICKER: XOM SECURITY ID: 30231G102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT M.J. BOSKIN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT J.R. HOUGHTON AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT W.R. HOWELL AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT R.C. KING AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT P.E. LIPPINCOTT AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT H.J. LONGWELL AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT H.A. MCKINNELL, JR. AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT M.C. NELSON AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT L.R. RAYMOND AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT W.V. SHIPLEY AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT R.W. TILLERSON AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF INDEPENDENT AUDITORS (PAGE 27). | Management | For | For |
| 3 | APPROVAL OF 2004 NON-EMPLOYEE DIRECTOR RESTRICTED STOCK PLAN (PAGE 28). | Management | For | For |
| 4 | POLITICAL CONTRIBUTIONS (PAGE 30). | Shareholder | Against | Against |
| 5 | POLITICAL CONTRIBUTIONS REPORT (PAGE 32). | Shareholder | Against | Against |
| 6 | MEDIA RESPONSE ON EQUATORIAL GUINEA (PAGE 34). | Shareholder | Against | Against |
| 7 | BOARD CHAIRMAN AND CEO (PAGE 37). | Shareholder | Against | Against |
| 8 | EXECUTIVE COMPENSATION (PAGE 39). | Shareholder | Against | Against |
| 9 | EQUITY COMPENSATION REPORT (PAGE 40). | Shareholder | Against | Against |
| 10 | AMENDMENT OF EEO POLICY (PAGE 42). | Shareholder | Against | Against |
| 11 | CLIMATE SCIENCE REPORT (PAGE 44). | Shareholder | Against | Against |
| ISSUER NAME: GENERAL ELECTRIC COMPANY MEETING DATE: 04/28/2004 | ||||
| TICKER: GE SECURITY ID: 369604103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JAMES I. CASH, JR. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT DENNIS D. DAMMERMAN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT ANN M. FUDGE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT CLAUDIO X. GONZALEZ AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT JEFFREY R. IMMELT AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT ANDREA JUNG AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT ALAN G. LAFLEY AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT KENNETH G. LANGONE AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT RALPH S. LARSEN AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT ROCHELLE B. LAZARUS AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT SAM NUNN AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT ROGER S. PENSKE AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT ROBERT J. SWIERINGA AS A DIRECTOR | Management | For | For |
| 1.14 | ELECT DOUGLAS A. WARNER III AS A DIRECTOR | Management | For | For |
| 1.15 | ELECT ROBERT C. WRIGHT AS A DIRECTOR | Management | For | For |
| 2 | INDEPENDENT AUDITOR | Management | For | For |
| 3 | REVENUE MEASUREMENT ADDED TO EXECUTIVE OFFICER PERFORMANCE GOALS | Management | For | For |
| 4 | CUMULATIVE VOTING | Shareholder | Against | Abstain |
| 5 | ANIMAL TESTING | Shareholder | Against | Against |
| 6 | NUCLEAR RISK | Shareholder | Against | Against |
| 7 | REPORT ON PCB CLEANUP COSTS | Shareholder | Against | Against |
| 8 | OFFSHORE SOURCING | Shareholder | Against | Against |
| 9 | SUSTAINABILITY INDEX | Shareholder | Against | Against |
| 10 | COMPENSATION COMMITTEE INDEPENDENCE | Shareholder | Against | Against |
| 11 | PAY DISPARITY | Shareholder | Against | Against |
| 12 | END STOCK OPTIONS AND BONUSES | Shareholder | Against | Against |
| 13 | LIMIT OUTSIDE DIRECTORSHIPS | Shareholder | Against | Against |
| 14 | INDEPENDENT BOARD CHAIRMAN | Shareholder | Against | Against |
| 15 | EXPLORE SALE OF COMPANY | Shareholder | Against | Against |
| 16 | HOLDING STOCK FROM STOCK OPTIONS | Shareholder | Against | Against |
| 17 | BOARD INDEPENDENCE | Shareholder | Against | Against |
| 18 | POLITICAL CONTRIBUTIONS | Shareholder | Against | Against |
| ISSUER NAME: GUIDANT CORPORATION MEETING DATE: 05/18/2004 | ||||
| TICKER: GDT SECURITY ID: 401698105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MAURICE A. COX, JR. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT NANCY-ANN MIN DEPARLE AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT RONALD W. DOLLENS AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ENRIQUE C. FALLA AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT KRISTINA M. JOHNSON PHD AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR 2004. | Management | For | For |
| 3 | PROPOSAL BY SHAREHOLDER THAT THE BOARD ADOPT A POLICY OF EXPENSING IN THE COMPANY S ANNUAL INCOME STATEMENT THE COST OF ALL FUTURE STOCK OPTIONS ISSUED BY THE COMPANY. | Shareholder | Against | Against |
| ISSUER NAME: H.J. HEINZ COMPANY MEETING DATE: 09/12/2003 | ||||
| TICKER: HNZ SECURITY ID: 423074103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT W.R. JOHNSON AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT C.E. BUNCH AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT M.C. CHOKSI AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT L.S. COLEMAN, JR. AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT P.H. COORS AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT E.E. HOLIDAY AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT C. KENDLE AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT D.R. O'HARE AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT L.C. SWANN AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT T.J. USHER AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT J.M. ZIMMERMAN AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF AUDITORS. | Management | For | For |
| ISSUER NAME: HEWLETT-PACKARD COMPANY MEETING DATE: 03/17/2004 | ||||
| TICKER: HPQ SECURITY ID: 428236103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT L.T. BABBIO, JR. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT P.C. DUNN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT C.S. FIORINA AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT R.A. HACKBORN AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT G.A. KEYWORTH II AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT R.E. KNOWLING, JR. AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT S.M. LITVACK AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT R.L. RYAN AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT L.S. SALHANY AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO RATIFY ERNST & YOUNG LLP AS HEWLETT-PACKARD COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING OCTOBER 31, 2004. | Management | For | For |
| 3 | APPROVAL OF THE HEWLETT-PACKARD COMPANY 2004 STOCK INCENTIVE PLAN | Management | For | Against |
| 4 | SHAREOWNER PROPOSAL ENTITLED STOCK OPTION EXPENSING PROPOSAL | Shareholder | Against | Against |
| ISSUER NAME: INTEL CORPORATION MEETING DATE: 05/19/2004 | ||||
| TICKER: INTC SECURITY ID: 458140100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT CRAIG R. BARRETT AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT CHARLENE BARSHEFSKY AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT E. JOHN P. BROWNE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ANDREW S. GROVE AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT D. JAMES GUZY AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT REED E. HUNDT AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT PAUL S. OTELLINI AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT DAVID S. POTTRUCK AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT JANE E. SHAW AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT JOHN L. THORNTON AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT DAVID B. YOFFIE AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF SELECTION OF INDEPENDENT AUDITORS | Management | For | For |
| 3 | APPROVAL OF THE 2004 EQUITY INCENTIVE PLAN | Management | For | For |
| 4 | STOCKHOLDER PROPOSAL REQUESTING THE EXPENSING OF STOCK OPTIONS | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL REQUESTING THE USE OF PERFORMANCE-VESTING STOCK | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL REQUESTING THE USE OF PERFORMANCE-BASED STOCK OPTIONS | Shareholder | Against | Against |
| ISSUER NAME: INTERNATIONAL BUSINESS MACHINES CORP MEETING DATE: 04/27/2004 | ||||
| TICKER: IBM SECURITY ID: 459200101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT C. BLACK AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT K.I. CHENAULT AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT C. GHOSN AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT N.O. KEOHANE AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT C.F. KNIGHT AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT L.A. NOTO AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT S.J. PALMISANO AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT J.B. SLAUGHTER AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT J.E. SPERO AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT S. TAUREL AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT C.M. VEST AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT L.H. ZAMBRANO AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT ACCOUNTANTS (PRICEWATERHOUSECOOPERS LLP) (PAGE 22) | Management | For | For |
| 3 | RATIFICATION OF APPOINTMENT OF INDEPENDENT ACCOUNTANTS FOR THE BUSINESS CONSULTING SERVICES UNIT (ERNST & YOUNG LLP) (PAGE 22) | Management | For | For |
| 4 | APPROVAL OF LONG-TERM INCENTIVE PERFORMANCE TERMS FOR CERTAIN EXECUTIVES (PAGE 23) | Management | For | For |
| 5 | STOCKHOLDER PROPOSAL ON: CUMULATIVE VOTING (PAGE 25) | Shareholder | Against | Abstain |
| 6 | STOCKHOLDER PROPOSAL ON: PENSION AND RETIREMENT MEDICAL (PAGE 25) | Shareholder | Against | Against |
| 7 | STOCKHOLDER PROPOSAL ON: EXECUTIVE COMPENSATION (PAGE 26) | Shareholder | Against | Against |
| 8 | STOCKHOLDER PROPOSAL ON: EXPENSING STOCK OPTIONS (PAGE 28) | Shareholder | Against | Against |
| 9 | STOCKHOLDER PROPOSAL ON: DISCLOSURE OF EXECUTIVE COMPENSATION (PAGE 29) | Shareholder | Against | Against |
| 10 | STOCKHOLDER PROPOSAL ON: CHINA BUSINESS PRINCIPLES (PAGE 30) | Shareholder | Against | Against |
| 11 | STOCKHOLDER PROPOSAL ON: POLITICAL CONTRIBUTIONS (PAGE 31) | Shareholder | Against | Against |
| 12 | STOCKHOLDER PROPOSAL ON: A REVIEW OF EXECUTIVE COMPENSATION POLICIES (PAGE 32) | Shareholder | Against | Against |
| ISSUER NAME: INTERNATIONAL PAPER COMPANY MEETING DATE: 05/11/2004 | ||||
| TICKER: IP SECURITY ID: 460146103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MARTHA F. BROOKS* AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JAMES A. HENDERSON* AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT ROBERT D. KENNEDY* AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT W. CRAIG MCCLELLAND* AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT ROBERT M. AMEN** AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR 2004. | Management | For | For |
| 3 | APPROVAL OF THE AMENDED LONG-TERM INCENTIVE COMPENSATION PLAN. | Management | For | For |
| 4 | REAFFIRMATION OF THE PERFORMANCE GOALS UNDER THE LONG-TERM INCENTIVE COMPENSATION PLAN. | Management | For | For |
| 5 | PROPOSAL RELATING TO LIMITING COMPENSATION OF CHIEF EXECUTIVE OFFICER. | Shareholder | Against | Against |
| ISSUER NAME: JOHNSON & JOHNSON MEETING DATE: 04/22/2004 | ||||
| TICKER: JNJ SECURITY ID: 478160104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT GERARD N. BURROW AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT MARY S. COLEMAN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JAMES G. CULLEN AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ROBERT J. DARRETTA AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT M. JUDAH FOLKMAN AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT ANN D. JORDAN AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT ARNOLD G. LANGBO AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT SUSAN L. LINDQUIST AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT LEO F. MULLIN AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT STEVEN S REINEMUND AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT DAVID SATCHER AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT HENRY B. SCHACHT AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT WILLIAM C. WELDON AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS AS INDEPENDENT AUDITORS | Management | For | For |
| 3 | PROPOSAL ON CHARITABLE CONTRIBUTIONS | Shareholder | Against | Against |
| ISSUER NAME: KNIGHT-RIDDER, INC. MEETING DATE: 05/04/2004 | ||||
| TICKER: KRI SECURITY ID: 499040103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MARK A. ERNST AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT K. FOLEY FELDSTEIN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT THOMAS P. GERRITY AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT GONZALO F. VALDES-FAULI AS A DIRECTOR | Management | For | For |
| 2 | RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP | Management | For | For |
| ISSUER NAME: MEDCO HEALTH SOLUTIONS, INC. MEETING DATE: 04/21/2004 | ||||
| TICKER: MHS SECURITY ID: 58405U102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT DAVID B. SNOW, JR. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT HOWARD W. BARKER, JR. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT BRIAN L. STROM, MD, MPH AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 25, 2004. | Management | For | For |
| ISSUER NAME: MERCK & CO., INC. MEETING DATE: 04/27/2004 | ||||
| TICKER: MRK SECURITY ID: 589331107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT PETER C. WENDELL* AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT WILLIAM G. BOWEN** AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT WILLIAM M. DALEY** AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT THOMAS E. SHENK** AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT WENDELL P. WEEKS** AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT OF THE COMPANY S INDEPENDENT AUDITORS FOR 2004 | Management | For | For |
| 3 | PROPOSAL TO AMEND THE RESTATED CERTIFICATE OF INCORPORATION TO DECLASSIFY THE BOARD OF DIRECTORS THE BOARD OF DIRECTORS RECOMMENDS A VOTE AGAINST ITEMS 4 THROUGH 8 | Management | For | For |
| 4 | STOCKHOLDER PROPOSAL CONCERNING MANAGEMENT COMPENSATION | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL CONCERNING EXTENSION OF PRESCRIPTION DRUG PATENTS | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL CONCERNING ETHICAL AND SOCIAL PERFORMANCE OF THE COMPANY | Shareholder | Against | Against |
| 7 | STOCKHOLDER PROPOSAL CONCERNING USE OF SHAREHOLDER RESOURCES FOR POLITICAL PURPOSES | Shareholder | Against | Against |
| 8 | STOCKHOLDER PROPOSAL CONCERNING A REPORT RELATED TO THE GLOBAL HIV/AIDS PANDEMIC | Shareholder | Against | Against |
| ISSUER NAME: MICROSOFT CORPORATION MEETING DATE: 11/11/2003 | ||||
| TICKER: MSFT SECURITY ID: 594918104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT WILLIAM H. GATES III AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT STEVEN A. BALLMER AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JAMES I. CASH JR. AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT RAYMOND V. GILMARTIN AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT A. MCLAUGHLIN KOROLOGOS AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT DAVID F. MARQUARDT AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT CHARLES H. NOSKI AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT HELMUT PANKE AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT WM. G. REED JR. AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT JON A. SHIRLEY AS A DIRECTOR | Management | For | For |
| 2 | ADOPTION OF THE AMENDMENTS TO THE 2001 STOCK PLAN | Management | For | Against |
| 3 | ADOPTION OF THE AMENDMENTS TO THE 1999 STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS | Management | For | Against |
| 4 | SHAREHOLDER PROPOSAL (THE BOARD RECOMMENDS A VOTE AGAINST THIS PROPOSAL) | Shareholder | Against | Against |
| ISSUER NAME: MONSANTO COMPANY MEETING DATE: 01/29/2004 | ||||
| TICKER: MON SECURITY ID: 61166W101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT FRANK V. ATLEE III AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT GWENDOLYN S. KING AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT SHARON R. LONG AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT ACCOUNTANTS | Management | For | For |
| 3 | APPROVAL OF AMENDMENTS TO LONG-TERM INCENTIVE PLAN | Management | For | Against |
| 4 | APPROVAL OF SHAREOWNER PROPOSAL ONE | Shareholder | Against | Against |
| 5 | APPROVAL OF SHAREOWNER PROPOSAL TWO | Shareholder | Against | Against |
| 6 | APPROVAL OF SHAREOWNER PROPOSAL THREE | Shareholder | Against | For |
| ISSUER NAME: MOTOROLA, INC. MEETING DATE: 05/03/2004 | ||||
| TICKER: MOT SECURITY ID: 620076109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT E. ZANDER AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT H.L. FULLER AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT J. LEWENT AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT W. MASSEY AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT N. NEGROPONTE AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT I. NOOYI AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT J. PEPPER, JR. AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT S. SCOTT III AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT D. WARNER III AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT J. WHITE AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT M. ZAFIROVSKI AS A DIRECTOR | Management | For | For |
| 2 | SHAREHOLDER PROPOSAL RE: COMMONSENSE EXECUTIVE COMPENSATION | Shareholder | Against | Against |
| 3 | SHAREHOLDER PROPOSAL RE: PERFORMANCE AND TIME-BASED RESTRICTED SHARES | Shareholder | Against | Against |
| ISSUER NAME: PFIZER INC. MEETING DATE: 04/22/2004 | ||||
| TICKER: PFE SECURITY ID: 717081103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MICHAEL S. BROWN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT M. ANTHONY BURNS AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT ROBERT N. BURT AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT W. DON CORNWELL AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT WILLIAM H. GRAY III AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT CONSTANCE J. HORNER AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT WILLIAM R. HOWELL AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT STANLEY O. IKENBERRY AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT GEORGE A. LORCH AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT HENRY A. MCKINNELL AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT DANA G. MEAD AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT FRANKLIN D. RAINES AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT RUTH J. SIMMONS AS A DIRECTOR | Management | For | For |
| 1.14 | ELECT WILLIAM C. STEERE, JR. AS A DIRECTOR | Management | For | For |
| 1.15 | ELECT JEAN-PAUL VALLES AS A DIRECTOR | Management | For | For |
| 2 | A PROPOSAL TO APPROVE THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS FOR 2004. | Management | For | For |
| 3 | A PROPOSAL TO APPROVE THE PFIZER INC. 2004 STOCK PLAN. | Management | For | For |
| 4 | SHAREHOLDER PROPOSAL REQUESTING REVIEW OF THE ECONOMIC EFFECTS OF THE HIV/AIDS, TB AND MALARIA PANDEMICS ON THE COMPANY S BUSINESS STRATEGY. | Shareholder | Against | Against |
| 5 | SHAREHOLDER PROPOSAL RELATING TO POLITICAL CONTRIBUTIONS. | Shareholder | Against | Against |
| 6 | SHAREHOLDER PROPOSAL RELATING TO AN ANNUAL REPORT ON CORPORATE RESOURCES DEVOTED TO SUPPORTING POLITICAL ENTITIES OR CANDIDATES. | Shareholder | Against | Against |
| 7 | SHAREHOLDER PROPOSAL SEEKING TO IMPOSE TERM LIMITS ON DIRECTORS. | Shareholder | Against | Against |
| 8 | SHAREHOLDER PROPOSAL REQUESTING A REPORT ON INCREASING ACCESS TO PFIZER PRODUCTS. | Shareholder | Against | Against |
| 9 | SHAREHOLDER PROPOSAL ON STOCK OPTIONS. | Shareholder | Against | Against |
| 10 | SHAREHOLDER PROPOSAL ON IN VITRO TESTING. | Shareholder | Against | Against |
| ISSUER NAME: THE BOEING COMPANY MEETING DATE: 05/03/2004 | ||||
| TICKER: BA SECURITY ID: 097023105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JOHN H. BIGGS AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JOHN E. BRYSON AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT LINDA Z. COOK AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ROZANNE L. RIDGWAY AS A DIRECTOR | Management | For | For |
| 2 | APPROVE AMENDMENTS TO ELIMINATE CERTAIN SUPERMAJORITY VOTE REQUIREMENTS. | Management | For | For |
| 3 | ADVISE ON APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS. | Management | For | For |
| 4 | PREPARE A REPORT ON MILITARY CONTRACTS. | Shareholder | Against | Against |
| 5 | ADOPT HUMAN RIGHTS POLICIES. | Shareholder | Against | Against |
| 6 | DECLASSIFY THE BOARD OF DIRECTORS. | Shareholder | Against | For |
| 7 | ADOPT SIMPLE MAJORITY VOTE. | Shareholder | Against | For |
| 8 | REQUIRE APPROVAL OF SEVERANCE AGREEMENTS. | Shareholder | Against | Against |
| 9 | ADOPT RETENTION OF STOCK POLICY. | Shareholder | Against | Against |
| 10 | GIVE EMPLOYEES CHOICE OF PENSION PLANS AT RETIREMENT OR TERMINATION. | Shareholder | Against | Against |
| ISSUER NAME: THE COCA-COLA COMPANY MEETING DATE: 04/21/2004 | ||||
| TICKER: KO SECURITY ID: 191216100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT HERBERT A. ALLEN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT RONALD W. ALLEN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT CATHLEEN P. BLACK AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT WARREN E. BUFFETT AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT DOUGLAS N. DAFT AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT BARRY DILLER AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT DONALD R. KEOUGH AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT SUSAN BENNETT KING AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT MARIA ELENA LAGOMASINO AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT DONALD F. MCHENRY AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT ROBERT L. NARDELLI AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT SAM NUNN AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT J. PEDRO REINHARD AS A DIRECTOR | Management | For | For |
| 1.14 | ELECT JAMES D. ROBINSON III AS A DIRECTOR | Management | For | For |
| 1.15 | ELECT PETER V. UEBERROTH AS A DIRECTOR | Management | For | For |
| 1.16 | ELECT JAMES B. WILLIAMS AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS | Management | For | For |
| 3 | SHARE-OWNER PROPOSAL REGARDING REPORT RELATED TO GLOBAL HIV/AIDS PANDEMIC | Shareholder | For | For |
| 4 | SHARE-OWNER PROPOSAL REGARDING STOCK OPTION GLASS CEILING REPORT | Shareholder | Against | Against |
| 5 | SHARE-OWNER PROPOSAL REGARDING EXECUTIVE COMPENSATION | Shareholder | Against | Against |
| 6 | SHARE-OWNER PROPOSAL REGARDING RESTRICTED STOCK | Shareholder | Against | Against |
| 7 | SHARE-OWNER PROPOSAL REGARDING SENIOR EXECUTIVE PARTICIPATION IN COMPANY S COMPENSATION AND DEFERRAL INVESTMENT PROGRAM | Shareholder | Against | Against |
| 8 | SHARE-OWNER PROPOSAL ON CHINA BUSINESS PRINCIPLES | Shareholder | Against | Against |
| 9 | SHARE-OWNER PROPOSAL REGARDING SEPARATE POSITIONS OF CEO AND CHAIRMAN | Shareholder | Against | Against |
| ISSUER NAME: TRAVELERS PROPERTY CASUALTY CORP. MEETING DATE: 03/19/2004 | ||||
| TICKER: TAPA SECURITY ID: 89420G109 | ||||
| TICKER: TAPB SECURITY ID: 89420G406 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | PROPOSAL TO APPROVE THE AGREEMENT AND PLAN OF MERGER DATED AS OF NOVEMBER 16, 2003, AS AMENDED, AMONG THE ST. PAUL COMPANIES, INC., TRAVELERS PROPERTY CASUALTY CORP. AND ADAMS ACQUISITION CORP., AND THE TRANSACTIONS CONTEMPLATED BY THE MERGER AGREEMENT, INCLUDING THE MERGER. | Management | For | For |
| ISSUER NAME: UNION PACIFIC CORPORATION MEETING DATE: 04/16/2004 | ||||
| TICKER: UNP SECURITY ID: 907818108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT P.F. ANSCHUTZ AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT R.K. DAVIDSON AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT T.J. DONOHUE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT A.W. DUNHAM AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT S.F. ECCLES AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT I.J. EVANS AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT J.R. HOPE AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT M.W. MCCONNELL AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT S.R. ROGEL AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT E. ZEDILLO AS A DIRECTOR | Management | For | For |
| 2 | ADOPT THE UNION PACIFIC CORPORATION 2004 STOCK INCENTIVE PLAN. | Management | For | Against |
| 3 | RATIFY APPOINTMENT OF DELOITTE & TOUCHE AS INDEPENDENT AUDITORS. | Management | For | For |
| 4 | SHAREHOLDER PROPOSAL REGARDING SENIOR EXECUTIVE EQUITY PLANS. | Shareholder | Against | Against |
| 5 | SHAREHOLDER PROPOSAL REGARDING POLITICAL CONTRIBUTIONS. | Shareholder | Against | Against |
| ISSUER NAME: UNITED TECHNOLOGIES CORPORATION MEETING DATE: 04/14/2004 | ||||
| TICKER: UTX SECURITY ID: 913017109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT BETSY J. BERNARD AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT GEORGE DAVID AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JEAN-PIERRE GARNIER AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT JAMIE S. GORELICK AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT CHARLES R. LEE AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT RICHARD D. MCCORMICK AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT HAROLD MCGRAW III AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT FRANK P. POPOFF AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT H. PATRICK SWYGERT AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT ANDRE VILLENEUVE AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT H.A. WAGNER AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT CHRISTINE TODD WHITMAN AS A DIRECTOR | Management | For | For |
| 2 | APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | For |
| 3 | SHAREOWNER PROPOSAL CONCERNING DISCLOSURE OF EXECUTIVE COMPENSATION | Shareholder | Against | Against |
| 4 | SHAREOWNER PROPOSAL CONCERNING ETHICAL CRITERIA FOR MILITARY CONTRACTS | Shareholder | Against | Against |
| 5 | SHAREOWNER PROPOSAL CONCERNING PERFORMANCE BASED SENIOR EXECUTIVE STOCK OPTIONS | Shareholder | Against | Against |
| 6 | SHAREOWNER PROPOSAL CONCERNING AN INDEPENDENT CHAIRMAN OF THE BOARD | Shareholder | Against | Against |
| ISSUER NAME: VERIZON COMMUNICATIONS INC. MEETING DATE: 04/28/2004 | ||||
| TICKER: VZ SECURITY ID: 92343V104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT J.R. BARKER AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT R.L. CARRION AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT R.W. LANE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT S.O. MOOSE AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT J. NEUBAUER AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT T.H. O'BRIEN AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT H.B. PRICE AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT I.G. SEIDENBERG AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT W.V. SHIPLEY AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT J.R. STAFFORD AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT R.D. STOREY AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF INDEPENDENT AUDITOR | Management | For | For |
| 3 | CUMULATIVE VOTING | Shareholder | Against | Abstain |
| 4 | BOARD COMPOSITION | Shareholder | Against | Against |
| 5 | SEPARATE CHAIRMAN AND CEO | Shareholder | Against | Against |
| 6 | FUTURE POISON PILL | Shareholder | Against | Against |
| 7 | SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS | Shareholder | Against | Against |
| 8 | OPTIONS OR STOCK GRANTS BASED ON TRACKING STOCK | Management | Against | Against |
| 9 | DIVERSITY REPORT ON OPTION GRANTS TO EMPLOYEES | Management | Against | Against |
| 10 | REPORT ON POLITICAL CONTRIBUTIONS | Shareholder | Against | Against |
| 11 | COLLECTION OF UNIVERSAL SERVICE AND NUMBER PORTABILIY FEES | Shareholder | Against | Against |
| ISSUER NAME: WASTE MANAGEMENT, INC. MEETING DATE: 05/14/2004 | ||||
| TICKER: WMI SECURITY ID: 94106L109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT PASTORA CAFFERTY AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT FRANK M. CLARK, JR. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT ROBERT S. MILLER AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT A. MAURICE MYERS AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT JOHN C. POPE AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT W. ROBERT REUM AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT STEVEN G. ROTHMEIER AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT DAVID P. STEINER AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT CARL W. VOGT AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITORS FOR 2004. | Management | For | For |
| 3 | TO VOTE ON A PROPOSAL TO APPROVE OUR 2004 STOCK INCENTIVE PLAN. | Management | For | Against |
| 4 | TO VOTE ON A PROPOSAL TO APPROVE OUR 2005 ANNUAL INCENTIVE PLAN. | Management | For | Against |
| ISSUER NAME: WYETH MEETING DATE: 04/22/2004 | ||||
| TICKER: WYE SECURITY ID: 983024100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT C.L. ALEXANDER, JR. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT F.A. BENNACK, JR. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT R.L. CARRION AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT R. ESSNER AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT J.D. FEERICK AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT R. LANGER AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT J.P. MASCOTTE AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT M.L. POLAN AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT I.G. SEIDENBERG AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT W.V. SHIPLEY AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT J.R. TORELL III AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF PRINCIPAL INDEPENDENT PUBLIC ACCOUNTANTS | Management | For | For |
| 3 | ADOPTION OF THE STOCKHOLDER PROPOSAL ON ACCESS TO AND AFFORDABILITY OF PRESCRIPTION DRUGS | Shareholder | Against | Against |
| 4 | ADOPTION OF STOCKHOLDER PROPOSAL ON ANIMAL TESTING | Shareholder | Against | Against |