Item 1. Proxy Voting Record
| ISSUER NAME | TICKER | CUSIP | MTG DATE | MTG TYPE |
| | | | | Proposal Type | Voted | Vote | For/Agnst Mgmt |
| Adelaide Brighton | | Q0109N101 | 5/19/05 | Annual |
| 2.00 | Elect GF Pettigrew | MGMT | YES | AGNST | AGNST |
| 3.00 | Elect JD McNerney | MGMT | YES | AGNST | AGNST |
| 4.00 | Elect MA Kinnaird | MGMT | YES | AGNST | AGNST |
| 5.00 | Approve directors' fees | MGMT | YES | ABSTAIN | AGNST |
| 6.00 | Approve stock option grant | MGMT | YES | FOR | FOR |
| 7.00 | Amend articles--technical | MGMT | YES | FOR | FOR |
| |
| Alumina Ltd | | Q0269M109 | 4/27/05 | Annual |
| 2.00 | Elect Ronald John McNeilly | MGMT | YES | FOR | FOR |
| 3.00 | Elect Mark Richard Rayner | MGMT | YES | FOR | FOR |
| 4.00 | Require approval for partial takeover bids | MGMT | YES | FOR | FOR |
| |
| Amerada Hess Corp | AHC | 023551104 | 5/4/05 | Annual |
| 1.01 | Elect Edith E. Holiday | MGMT | YES | FOR | FOR |
| 1.02 | Elect John J. O'Connor | MGMT | YES | FOR | FOR |
| 1.03 | Elect F. Borden Walker | MGMT | YES | FOR | FOR |
| 1.04 | Elect Robert N. Wilson | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| |
| Apache Corp | APA | 037411105 | 5/5/05 | Annual |
| 1.01 | Elect G. Steven Farris | MGMT | YES | FOR | FOR |
| 1.02 | Elect Randolph M. Ferlic | MGMT | YES | FOR | FOR |
| 1.03 | Elect A. D. Frazier Jr. | MGMT | YES | FOR | FOR |
| 1.04 | Elect John A. Kocur | MGMT | YES | FOR | FOR |
| 2.00 | Adopt Stock Incentive Plan | MGMT | YES | FOR | FOR |
| 3.00 | Approve long-term bonus plan | MGMT | YES | FOR | FOR |
| 4.00 | Majority vote to elect directors | SHLDR | YES | AGNST | FOR |
| 5.00 | Limit non-audit fees | SHLDR | YES | AGNST | FOR |
| |
| Ashland Inc | ASH | 044204105 | 6/29/05 | Special |
| 1.00 | Approve sale of assets | MGMT | YES | FOR | FOR |
| |
| BASF AG | | D06216101 | 4/28/05 | Annual |
| 1.00 | NV -- Receive statutory reports | MGMT | NO | | |
| 2.00 | Set Dividend at 1.70 | MGMT | NO | | |
| 3.00 | Ratify board acts-symbolic | MGMT | NO | | |
| 4.00 | Ratify management acts-symbolic | MGMT | NO | | |
| 5.00 | Appoint outside auditors | MGMT | NO | | |
| 6.00 | Authorize share repurchase | MGMT | NO | | |
| | Reissuance of shares/treasury stock |
| 7.00 | Authorize share repurchase | MGMT | NO | | |
| 8.00 | Amend meeting procedures/change date | MGMT | NO | | |
| |
| BHP Billiton Ltd | BHP | 088606108 | 10/22/04 | Annual |
| 1.00 | Approve Financial Statements | MGMT | YES | FOR | FOR |
| 2.00 | Approve Financial Statements | MGMT | YES | FOR | FOR |
| 3.00 | Elect Donald R. Argus | MGMT | YES | FOR | FOR |
| 4.00 | Elect Donald R. Argus | MGMT | YES | FOR | FOR |
| 5.00 | Elect David A. Crawford | MGMT | YES | FOR | FOR |
| 6.00 | Elect David A. Crawford | MGMT | YES | FOR | FOR |
| 7.00 | Elect Charles Goodyear | MGMT | YES | FOR | FOR |
| 8.00 | Elect Charles Goodyear | MGMT | YES | FOR | FOR |
| 9.00 | Elect Dr John Schubert | MGMT | YES | FOR | FOR |
| 10.00 | Elect Dr John Schubert | MGMT | YES | FOR | FOR |
| 11.00 | Appoint Auditors and Set Their Fees | MGMT | YES | FOR | FOR |
| 12.00 | Issue Stock w/ Preemptive Rights | MGMT | YES | FOR | FOR |
| 13.00 | Issue Stock w/o Preemptive Rights | MGMT | YES | FOR | FOR |
| 14.00 | Authorize Share Repurchase | MGMT | YES | FOR | FOR |
| 15.00 | Approve Remuneration Policy | MGMT | YES | FOR | FOR |
| 16.00 | Amend Executive Profit Sharing/Bonus Plan | MGMT | YES | FOR | FOR |
| 17.00 | Approve Executive Profit Sharing/Bonus Plan | MGMT | YES | FOR | FOR |
| | Reauthorize Share Issue Limit |
| 18.00 | Approve Directors for Stock Opt/Purchase Plan | MGMT | YES | FOR | FOR |
| 19.00 | Approve Directors for Stock Opt/Purchase Plan | MGMT | YES | FOR | FOR |
| |
| Canadian Natural Resources | | 136385101 | 5/5/05 | Annual |
| 1.00 | Election of directors by slate | MGMT | YES | FOR | FOR |
| 2.00 | Appoint auditors and set their fees | MGMT | YES | FOR | FOR |
| 3.00 | Approve stock split | MGMT | YES | FOR | FOR |
| |
| Chevron Corp | CVX | 166764100 | 4/27/05 | Annual |
| 1.01 | Elect Samuel H. Armacost | MGMT | YES | FOR | FOR |
| 1.02 | Elect Robert E. Denham | MGMT | YES | FOR | FOR |
| 1.03 | Elect Robert J. Eaton | MGMT | YES | FOR | FOR |
| 1.04 | Elect Samuel L. Ginn | MGMT | YES | FOR | FOR |
| 1.05 | Elect Carla A. Hills | MGMT | YES | FOR | FOR |
| 1.06 | Elect Franklyn G. Jenifer | MGMT | YES | FOR | FOR |
| 1.07 | Elect Samuel A. Nunn Jr. | MGMT | YES | FOR | FOR |
| 1.08 | Elect David J. O'Reilly | MGMT | YES | FOR | FOR |
| 1.09 | Elect Peter J. Robertson | MGMT | YES | FOR | FOR |
| 1.10 | Elect Charles R. Shoemate | MGMT | YES | FOR | FOR |
| 1.11 | Elect Ronald.D. Sugar | MGMT | YES | FOR | FOR |
| 1.12 | Elect Carl Ware | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Restrict director compensation | SHLDR | YES | AGNST | FOR |
| 4.00 | Golden parachutes | SHLDR | YES | AGNST | FOR |
| 5.00 | Expense stock options | SHLDR | YES | AGNST | FOR |
| 6.00 | Review or promote animal welfare | SHLDR | YES | AGNST | FOR |
| 7.00 | Preserve/report on natural habitat | SHLDR | YES | AGNST | FOR |
| 8.00 | Control generation of pollutants | SHLDR | YES | AGNST | FOR |
| |
| ConocoPhillips | COP | 20825C104 | 5/5/05 | Annual |
| 1.01 | Elect J. J. Mulva | MGMT | YES | FOR | FOR |
| 1.02 | Elect Norman R. Augustine | MGMT | YES | FOR | FOR |
| 1.03 | Elect Larry D. Horner | MGMT | YES | FOR | FOR |
| 1.04 | Elect Charles C. Krulak | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Restrict executive compensation | SHLDR | YES | AGNST | FOR |
| 4.00 | Majority vote to elect directors | SHLDR | YES | AGNST | FOR |
| |
| CONSOL Energy Inc | CNX | 20854P109 | 5/3/05 | Annual |
| 1.01 | Elect John L. Whitmire | MGMT | YES | FOR | FOR |
| 1.02 | Elect J. Brett Harvey | MGMT | YES | FOR | FOR |
| 1.03 | Elect James E. Altmeyer Sr. | MGMT | YES | FOR | FOR |
| 1.04 | Elect Philip W. Baxter | MGMT | YES | FOR | FOR |
| 1.05 | Elect William E. Davis | MGMT | YES | FOR | FOR |
| 1.06 | Elect Raj K. Gupta | MGMT | YES | FOR | FOR |
| 1.07 | Elect Patricia A. Hammick | MGMT | YES | FOR | FOR |
| 1.08 | Elect William P. Powell | MGMT | YES | FOR | FOR |
| 1.09 | Elect Joseph T. Williams | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Add shares to the Equity Incentive Plan | MGMT | YES | FOR | FOR |
| | Amend Stock Incentive Plan |
| |
| Cooper Cameron Corp | CAM | 216640102 | 5/5/05 | Annual |
| 1.01 | Elect Peter J. Fluor | MGMT | YES | FOR | FOR |
| 1.02 | Elect David Ross III | MGMT | YES | FOR | FOR |
| 1.03 | Elect Bruce W. Wilkinson | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Reapprove option/bonus plan for OBRA | MGMT | YES | FOR | FOR |
| 4.00 | Adopt Stock Incentive Plan | MGMT | YES | AGNST | AGNST |
| |
| CRH PLC | | G25508105 | 5/4/05 | Annual |
| 1.00 | Approve financial statements | MGMT | YES | FOR | FOR |
| 2.00 | Set dividend/allocate profits | MGMT | YES | FOR | FOR |
| 3.01 | Elect Tom W. HIll | MGMT | YES | FOR | FOR |
| 3.02 | Elect David M. Kennedy | MGMT | YES | FOR | FOR |
| 3.03 | Elect Kieran McGowan | MGMT | YES | FOR | FOR |
| 3.04 | Elect Anthony O'Brien | MGMT | YES | FOR | FOR |
| 3.05 | Elect John L. Wittstock | MGMT | YES | FOR | FOR |
| 3.06 | Elect Nicky Hartery | MGMT | YES | FOR | FOR |
| 3.07 | Elect Joyce O'Connor | MGMT | YES | FOR | FOR |
| 4.00 | Set auditors' fees | MGMT | YES | FOR | FOR |
| 5.00 | Approve directors' fees | MGMT | YES | FOR | FOR |
| 6.00 | Authorize share repurchase | MGMT | YES | FOR | FOR |
| 7.00 | Set price of reissued treasury stock | MGMT | YES | FOR | FOR |
| 8.00 | Issue stock w/o preemptive rights | MGMT | YES | FOR | FOR |
| |
| Devon Energy Corp | DVN | 25179M103 | 6/8/05 | Annual |
| 1.01 | Elect John A. Hill | MGMT | YES | FOR | FOR |
| 1.02 | Elect William J. Johnson | MGMT | YES | FOR | FOR |
| 1.03 | Elect Robert A. Mosbacher Jr. | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Adopt the 2005 Long Term Incentive Plan | MGMT | YES | FOR | FOR |
| 4.00 | Majority vote to elect directors | SHLDR | YES | AGNST | FOR |
| |
| Dofasco | | 256900705 | 5/6/05 | Annual |
| 1.01 | Elect Sylvia D. Chrominska | MGMT | YES | FOR | FOR |
| 1.02 | Elect William E. Coyne | MGMT | YES | FOR | FOR |
| 1.03 | Elect Roger G. Doe | MGMT | YES | FOR | FOR |
| 1.04 | Elect William A. Etherington | MGMT | YES | FOR | FOR |
| 1.05 | Elect Dezso J. Horvath | MGMT | YES | FOR | FOR |
| 1.06 | Elect Frank H. Logan | MGMT | YES | FOR | FOR |
| 1.07 | Elect Brian F. MacNeill | MGMT | YES | AGNST | AGNST |
| 1.08 | Elect Peter C. Maurice | MGMT | YES | FOR | FOR |
| 1.09 | Elect Thomas C. O'Neill | MGMT | YES | FOR | FOR |
| 1.10 | Elect Donald A. Pether | MGMT | YES | FOR | FOR |
| 1.11 | Elect Brian Andrew Robbins | MGMT | YES | FOR | FOR |
| 2.00 | Appoint auditors and set their fees | MGMT | YES | FOR | FOR |
| |
| Dow Chemical | DOW | 260543103 | 5/12/05 | Annual |
| 1.01 | Elect Jacqueline K. Barton | MGMT | YES | FOR | FOR |
| 1.02 | Elect Anthony J. Carbone | MGMT | YES | FOR | FOR |
| 1.03 | Elect Barbara Hackman Franklin | MGMT | YES | FOR | FOR |
| 1.04 | Elect Andrew N. Liveris | MGMT | YES | FOR | FOR |
| 1.05 | Elect Harold T. Shapiro | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Control generation of pollutants | SHLDR | YES | AGNST | FOR |
| |
| Dowa Mining | 5714 | J12432126 | 6/28/05 | Annual |
| 1.00 | Allocate dividend | MGMT | YES | FOR | FOR |
| 2.01 | Elect Director Nominee No. 2.1 | MGMT | YES | FOR | FOR |
| 2.02 | Elect Director Nominee No. 2.2 | MGMT | YES | FOR | FOR |
| 2.03 | Elect Director Nominee No. 2.3 | MGMT | YES | FOR | FOR |
| 2.04 | Elect Director Nominee No. 2.4 | MGMT | YES | FOR | FOR |
| 2.05 | Elect Director Nominee No. 2.5 | MGMT | YES | FOR | FOR |
| 2.06 | Elect Director Nominee No. 2.6 | MGMT | YES | FOR | FOR |
| 2.07 | Elect Director Nominee No. 2.7 | MGMT | YES | FOR | FOR |
| 3.00 | Elect alternate statutory auditor | MGMT | YES | FOR | FOR |
| 4.00 | Approve bonuses for retiring directors | MGMT | YES | FOR | FOR |
| |
| Du Pont (E I) de Nemours | DD | 263534109 | 4/27/05 | Annual |
| 1.01 | Elect Alain J.P. Belda | MGMT | YES | FOR | FOR |
| 1.02 | Elect Richard H. Brown | MGMT | YES | FOR | FOR |
| 1.03 | Elect Curtis J. Crawford | MGMT | YES | FOR | FOR |
| 1.04 | Elect John T. Dillon | MGMT | YES | FOR | FOR |
| 1.05 | Elect Louisa C. Duemling | MGMT | YES | FOR | FOR |
| 1.06 | Elect Charles O. Holliday Jr. | MGMT | YES | FOR | FOR |
| 1.07 | Elect Lois D. Juliber | MGMT | YES | FOR | FOR |
| 1.08 | Elect Masahisa Naitoh | MGMT | YES | FOR | FOR |
| 1.09 | Elect William K. Reilly | MGMT | YES | FOR | FOR |
| 1.10 | Elect H. Rodney Sharp III | MGMT | YES | FOR | FOR |
| 1.11 | Elect Charles M. Vest | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Disclose prior government service | SHLDR | YES | AGNST | FOR |
| 4.00 | Monitor/adopt ILO conventions | SHLDR | YES | AGNST | FOR |
| 5.00 | Link executive pay to social criteria | SHLDR | YES | AGNST | FOR |
| 6.00 | Review or promote animal welfare | SHLDR | YES | AGNST | FOR |
| 7.00 | Review or curb bioengineering | SHLDR | YES | AGNST | FOR |
| 8.00 | Award performance-based stock options | SHLDR | YES | AGNST | FOR |
| 9.00 | Report on environmental impact or plans | SHLDR | YES | AGNST | FOR |
| |
| Energy Partners | | 29270U105 | 5/12/05 | Annual |
| 1.01 | Elect Richard A. Bachmann | MGMT | YES | FOR | FOR |
| 1.02 | Elect John Bumgarner | MGMT | YES | FOR | FOR |
| 1.03 | Elect Jerry D. Carlisle | MGMT | YES | FOR | FOR |
| 1.04 | Elect Harold D. Carter | MGMT | YES | FOR | FOR |
| 1.05 | Elect Enoch L. Dawkins | MGMT | YES | FOR | FOR |
| 1.06 | Elect Robert D. Gershen | MGMT | YES | FOR | FOR |
| 1.07 | Elect William R. Herrin | MGMT | YES | FOR | FOR |
| 1.08 | Elect William O. Hiltz | MGMT | YES | FOR | FOR |
| 1.09 | Elect John G. Phillips | MGMT | YES | FOR | FOR |
| 1.10 | Elect Norman D. Francis | MGMT | YES | FOR | FOR |
| 2.00 | Add shares to the 2000 Stock Incentive Plan for Non-employee Directors | MGMT | YES | AGNST | AGNST |
| | Amend Director Stock Incentive Plan |
| 3.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| |
| EOG Resources Inc | EOG | 26875P101 | 5/3/05 | Annual |
| 1.01 | Elect George A. Alcorn | MGMT | YES | FOR | FOR |
| 1.02 | Elect Charles R Crisp | MGMT | YES | FOR | FOR |
| 1.03 | Elect Mark G. Papa | MGMT | YES | FOR | FOR |
| 1.04 | Elect Edmund P. Segner III | MGMT | YES | FOR | FOR |
| 1.05 | Elect William D. Stevens | MGMT | YES | FOR | FOR |
| 1.06 | Elect H. Leighton Steward | MGMT | YES | WHOLD | AGNST |
| 1.07 | Elect Donald F. Textor | MGMT | YES | FOR | FOR |
| 1.08 | Elect Frank G. Wisner | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Increase authorized common stock | MGMT | YES | FOR | FOR |
| |
| Exxon Mobil Corp | XOM | 30231G102 | 5/25/05 | Annual |
| 1.01 | Elect Michael J. Boskin | MGMT | YES | FOR | FOR |
| 1.02 | Elect William W. George | MGMT | YES | FOR | FOR |
| 1.03 | Elect James R. Houghton | MGMT | YES | FOR | FOR |
| 1.04 | Elect William R. Howell | MGMT | YES | FOR | FOR |
| 1.05 | Elect Reatha Clark King | MGMT | YES | FOR | FOR |
| 1.06 | Elect Philip E. Lippincott | MGMT | YES | FOR | FOR |
| 1.07 | Elect Henry A. McKinnell Jr. | MGMT | YES | FOR | FOR |
| 1.08 | Elect Marilyn Carlson Nelson | MGMT | YES | FOR | FOR |
| 1.09 | Elect Lee R. Raymond | MGMT | YES | FOR | FOR |
| 1.10 | Elect Walter V. Shipley | MGMT | YES | FOR | FOR |
| 1.11 | Elect Rex W. Tillerson | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Affirm political nonpartisanship | SHLDR | YES | AGNST | FOR |
| 4.00 | Restrict director compensation | SHLDR | YES | AGNST | FOR |
| 5.00 | Nominate Directors with Energy Expertise | SHLDR | YES | AGNST | FOR |
| 6.00 | Review operations' impact on local groups | SHLDR | YES | AGNST | FOR |
| 7.00 | Adopt sexual orientation anti-bias policy | SHLDR | YES | AGNST | FOR |
| 8.00 | Preserve/report on natural habitat | SHLDR | YES | AGNST | FOR |
| 9.00 | Report or take action on climate change | SHLDR | YES | AGNST | FOR |
| 10.00 | Report or take action on climate change | SHLDR | YES | AGNST | FOR |
| |
| Halliburton Co | HAL | 406216101 | 5/18/05 | Annual |
| 1.01 | Elect Robert L. Crandall | MGMT | YES | FOR | FOR |
| 1.02 | Elect Kenneth T. Derr | MGMT | YES | FOR | FOR |
| 1.03 | Elect S. Malcolm Gillis | MGMT | YES | FOR | FOR |
| 1.04 | Elect William R. Howell | MGMT | YES | FOR | FOR |
| 1.05 | Elect Ray L. Hunt | MGMT | YES | FOR | FOR |
| 1.06 | Elect David J. Lesar | MGMT | YES | FOR | FOR |
| 1.07 | Elect J. Landis Martin | MGMT | YES | FOR | FOR |
| 1.08 | Elect Jay A. Precourt | MGMT | YES | FOR | FOR |
| 1.09 | Elect Debra L. Reed | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Golden parachutes | SHLDR | YES | AGNST | FOR |
| 4.00 | Majority vote to elect directors | SHLDR | YES | AGNST | FOR |
| |
| Hankuk Paper Manufacturing | | Y3056X107 | 3/11/05 | Annual |
| 1.00 | Approve financial statements | MGMT | YES | FOR | FOR |
| 2.00 | Approve undisclosed article amendments | MGMT | YES | AGNST | AGNST |
| 3.00 | Elect directors - other markets | MGMT | YES | AGNST | AGNST |
| 4.00 | Approve directors' fees | MGMT | YES | FOR | FOR |
| 5.00 | Set auditors' fees | MGMT | YES | FOR | FOR |
| 6.00 | Approve undisclosed article amendments | MGMT | YES | AGNST | AGNST |
| |
| IHC Caland NV | IHC | N44062128 | 5/20/05 | Annual |
| 2.01 | NV -- Receive statutory reports | MGMT | NO | | |
| 2.02 | NV -- Receive statutory reports | MGMT | NO | | |
| 2.03 | Approve financial statements | MGMT | NO | | |
| 3.00 | Set dividend/allocate profits | MGMT | NO | | |
| 4.01 | Ratify management acts-legal | MGMT | NO | | |
| 4.02 | Ratify board acts-legal | MGMT | NO | | |
| 5.00 | NV -- Misc non-U.S. mgt. non-voting | MGMT | NO | | |
| 6.00 | Approve remuneration policy | MGMT | NO | | |
| 7.00 | Authorize share repurchase | MGMT | NO | | |
| 8.01 | Issue stock w/ preemptive rights | MGMT | NO | | |
| 8.02 | Issue stock w/o preemptive rights | MGMT | NO | | |
| 9.00 | Elect R. van Gelder | MGMT | NO | | |
| 10.00 | Consider other business | MGMT | NO | | |
| |
| Linde AG | LIN | D50348107 | 6/8/05 | Annual |
| 1.00 | Receive financial statements | MGMT | NO | | |
| 2.00 | Set Final Dividend at 1.25 | MGMT | NO | | |
| 3.00 | Ratify management acts-symbolic | MGMT | NO | | |
| 4.00 | Ratify board acts-symbolic | MGMT | NO | | |
| 5.00 | Appoint outside auditors | MGMT | NO | | |
| 6.00 | Authorize share repurchase | MGMT | NO | | |
| | Reissuance of shares/treasury stock |
| 7.00 | Increase authorized capital | MGMT | NO | | |
| | Issue stock w/ or w/o preemptive rights |
| 8.00 | Increase authorized capital | MGMT | NO | | |
| | Issue stock w/ or w/o preemptive rights |
| 9.00 | Issue convertible debt instruments | MGMT | NO | | |
| | Issue stock w/o preemptive rights |
| | Increase authorized capital |
| 10.00 | Approve supervisory board/corp. assembly fees | MGMT | NO | | |
| |
| Marathon Oil Corp | MRO | 565849106 | 4/27/05 | Annual |
| 1.01 | Elect Shirley A. Jackson | MGMT | YES | FOR | FOR |
| 1.02 | Elect Philip Lader | MGMT | YES | FOR | FOR |
| 1.03 | Elect Seth E. Schofield | MGMT | YES | FOR | FOR |
| 1.04 | Elect Douglas C. Yearley | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Repeal classified board | SHLDR | YES | FOR | AGNST |
| 4.00 | Majority vote to elect directors | SHLDR | YES | AGNST | FOR |
| |
| Massey Energy Co | MEE | 576206106 | 5/24/05 | Annual |
| 1.01 | Elect Don L. Blankenship | MGMT | YES | FOR | FOR |
| 1.02 | Elect Bobby R. Inman | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Reapprove option/bonus plan for OBRA | MGMT | YES | FOR | FOR |
| 4.00 | Amend director stock award plan | MGMT | YES | FOR | FOR |
| |
| Nexen | | 65334H102 | 4/27/05 | Annual |
| 1.01 | Elect Charles W. Fischer | MGMT | YES | AGNST | AGNST |
| 1.02 | Elect Dennis G. Flanagan | MGMT | YES | AGNST | AGNST |
| 1.03 | Elect David A. Hentschel | MGMT | YES | AGNST | AGNST |
| 1.04 | Elect S. Barry Jackson | MGMT | YES | AGNST | AGNST |
| 1.05 | Elect Kevin J. Jenkins | MGMT | YES | AGNST | AGNST |
| 1.06 | Elect Thomas C. ONeill | MGMT | YES | AGNST | AGNST |
| 1.07 | Elect Eric P. Newell | MGMT | YES | AGNST | AGNST |
| 1.08 | Elect Francis M. Saville | MGMT | YES | AGNST | AGNST |
| 1.09 | Elect Richard M. Thomson | MGMT | YES | AGNST | AGNST |
| 1.10 | Elect John M. Wilson | MGMT | YES | AGNST | AGNST |
| 1.11 | Elect Victor Zaleschuk | MGMT | YES | AGNST | AGNST |
| 2.00 | Appoint outside auditors | MGMT | YES | FOR | FOR |
| 3.00 | Adopt poison-pill-style defense | MGMT | YES | FOR | FOR |
| 4.00 | Approve stock split | MGMT | YES | FOR | FOR |
| |
| Noble Corp | NE | G65422100 | 4/28/05 | Annual |
| 1.01 | Elect Lawrence J. Chazen | MGMT | YES | FOR | FOR |
| 1.02 | Elect Mary P. Ricciardello | MGMT | YES | FOR | FOR |
| 1.03 | Elect William A. Sears | MGMT | YES | FOR | FOR |
| 2.00 | Approve non-technical charter amendments | MGMT | YES | FOR | FOR |
| 3.00 | Add Shares to Director Stock Incentive Plan | MGMT | YES | FOR | FOR |
| | Amend Director Stock Incentive Plan |
| 4.00 | Add shares to director stock award plan | MGMT | YES | FOR | FOR |
| | Amend director stock award plan |
| 5.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| |
| Norsk Hydro ASA | NHY | 656531605 | 12/1/04 | Special |
| 1.00 | Cancel Authorized Stock | MGMT | NO | | |
| | Reduce Authorized Capital |
| | Authorize Share Repurchase |
| | Amend Articles for Capital Increase/Decrease |
| 2.00 | Authorize Share Repurchase | MGMT | NO | | |
| |
| Norsk Hydro ASA | NHY | 656531605 | 5/3/05 | Annual |
| 1.00 | Approve financial statements | MGMT | NO | | |
| | Set Final Dividend at 20.00 |
| 2.00 | Presentation of guidelines for the remuneration to the executive management | MGMT | NO | | |
| 3.00 | Set auditors' fees | MGMT | NO | | |
| 4.00 | Appoint board advisors/deputy dirs/alternate dirs | MGMT | NO | | |
| 5.00 | Restructure investments | SHLDR | NO | | |
| |
| OAO Lukoil | LUKOY | 677862104 | 1/24/05 | Special |
| 1.01 | Approve early termination of board | MGMT | YES | AGNST | AGNST |
| 1.02 | Election of directors by slate | MGMT | YES | AGNST | AGNST |
| 2.00 | Amend board powers/procedures/qualifications | MGMT | YES | AGNST | AGNST |
| |
| OAO Lukoil | LUKOY | 677862104 | 6/28/05 | Annual |
| 1.00 | Approve financial statements | MGMT | YES | FOR | FOR |
| | Set Final Dividend at 28.00 |
| 2.00 | Election of directors by slate | MGMT | YES | AGNST | AGNST |
| 3.01 | Appoint board advisors/deputy dirs/alternate dirs | MGMT | YES | ABSTAIN | AGNST |
| 3.02 | Appoint board advisors/deputy dirs/alternate dirs | MGMT | YES | ABSTAIN | AGNST |
| 3.03 | Appoint board advisors/deputy dirs/alternate dirs | MGMT | YES | ABSTAIN | AGNST |
| 4.00 | Approve directors' fees | MGMT | YES | ABSTAIN | AGNST |
| 5.00 | Appoint outside auditors | MGMT | YES | FOR | FOR |
| 6.00 | Amend articles--technical | MGMT | YES | ABSTAIN | AGNST |
| 7.00 | Amend meeting procedures/change date | MGMT | YES | ABSTAIN | AGNST |
| 8.00 | Amend board powers/procedures/qualifications | MGMT | YES | ABSTAIN | AGNST |
| 9.00 | Approve related party transactions | MGMT | YES | ABSTAIN | AGNST |
| | Indemnify directors/officers |
| | Approve intra-company contracts |
| |
| Owens-Illinois Inc | OI | 690768403 | 5/11/05 | Annual |
| 1.01 | Elect Anastasia D. Kelly | MGMT | YES | FOR | FOR |
| 1.02 | Elect Steven R. McCracken | MGMT | YES | FOR | FOR |
| 1.03 | Elect John J. McMackin Jr. | MGMT | YES | FOR | FOR |
| 2.00 | Adopt Stock Incentive Plan | MGMT | YES | FOR | FOR |
| |
| PPG Industries Inc | PPG | 693506107 | 4/21/05 | Annual |
| 1.01 | Elect Michele J. Hooper | MGMT | YES | FOR | FOR |
| 1.02 | Elect Raymond W. LeBoeuf | MGMT | YES | FOR | FOR |
| 1.03 | Elect Robert Mehrabian | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| |
| Pride International Inc | PDE | 74153Q102 | 5/12/05 | Annual |
| 1.01 | Elect Robert L. Barbanell | MGMT | YES | FOR | FOR |
| 1.02 | Elect Paul A. Bragg | MGMT | YES | FOR | FOR |
| 1.03 | Elect David A. B. Brown | MGMT | YES | FOR | FOR |
| 1.04 | Elect J.C. Burton | MGMT | YES | FOR | FOR |
| 1.05 | Elect Archie W. Dunham | MGMT | YES | FOR | FOR |
| 1.06 | Elect Ralph D. McBride | MGMT | YES | FOR | FOR |
| 1.07 | Elect David B. Robson | MGMT | YES | FOR | FOR |
| 2.00 | Add shares to employee stock purchase plan | MGMT | YES | FOR | FOR |
| |
| Putnam Prime Money Market Fund | | 746763432 | 11/11/04 | Special |
| 1.01 | Elect Trustee J.A. Baxter | MGMT | YES | FOR | FOR |
| 1.02 | Elect Trustee E.T. Kennan | MGMT | YES | FOR | FOR |
| 1.03 | Elect Trustee C.B. Curtis | MGMT | YES | FOR | FOR |
| 1.04 | Elect Trustee J.H. Mullin, III | MGMT | YES | FOR | FOR |
| 1.05 | Elect Trustee M.R. Drucker | MGMT | YES | FOR | FOR |
| 1.06 | Elect Trustee R.E. Patterson | MGMT | YES | FOR | FOR |
| 1.07 | Elect Trustee C.E. Haldeman, Jr. | MGMT | YES | FOR | FOR |
| 1.08 | Elect Trustee G. Putnam, III | MGMT | YES | FOR | FOR |
| 1.09 | Elect Trustee J.A. Hill | MGMT | YES | FOR | FOR |
| 1.10 | Elect Trustee A.J.C. Smith | MGMT | YES | FOR | FOR |
| 1.11 | Elect Trustee R. J. Jackson | MGMT | YES | FOR | FOR |
| 1.12 | Elect Trustee W.T. Stephens | MGMT | YES | FOR | FOR |
| 1.13 | Elect Trustee P.L. Joskow | MGMT | YES | FOR | FOR |
| 1.14 | Elect Trustee R.B. Worley | MGMT | YES | FOR | FOR |
| 2.00 | Amend fund's fundamental investment restriction with respect to borrowing | MGMT | N/A | N/A | N/A |
| 2.01 | Amend fund's fundamental investment restriction with respect to making loans | MGMT | N/A | N/A | N/A |
| 2.02 | Amend fund's fundamental investment restriction with respect to diversification of investments | MGMT | YES | FOR | FOR |
| 2.03 | Amend fund's fundamental investment restriction with respect to issuance of senior securities | MGMT | N/A | N/A | N/A |
| 2.04 | Amend fund's fundamental investment restriction with respect to purchasing or selling options, puts, calls, straddles and spreads | MGMT | N/A | N/A | N/A |
| 2.05 | Amend fund's fundamental investment restriction with respect to investments in commodities | MGMT | N/A | N/A | N/A |
| 3.00 | Amend fund's Agreement and Declaration of Trust | MGMT | YES | FOR | FOR |
| |
| Rinker Group Ltd | RIN | 76687M101 | 7/20/04 | Annual |
| 1.00 | Approve Financial Statements | MGMT | YES | FOR | FOR |
| 2.00 | Approve Remuneration Policy | MGMT | YES | FOR | FOR |
| 3.01 | Elect John Morschel | MGMT | YES | FOR | FOR |
| 3.02 | Elect John Ingram | MGMT | YES | FOR | FOR |
| 4.00 | Approve Directors' Fees | MGMT | YES | FOR | FOR |
| |
| Rowan Cos Inc | RDC | 779382100 | 4/22/05 | Annual |
| 1.01 | Elect R.G. Croyle | MGMT | YES | WHOLD | AGNST |
| 1.02 | Elect D.F. McNease | MGMT | YES | FOR | FOR |
| 1.03 | Elect Colin B. Moynihan | MGMT | YES | FOR | FOR |
| 2.00 | Adopt Stock Incentive Plan | MGMT | YES | FOR | FOR |
| |
| Royal Dutch Petroleum | RD | 780257804 | 6/28/05 | Annual |
| 2.00 | Approve financial statements | MGMT | NO | | |
| 3.02 | Set dividend/allocate profits | MGMT | NO | | |
| 4.01 | Ratify management acts-legal | MGMT | NO | | |
| 4.02 | Ratify board acts-legal | MGMT | NO | | |
| 5.00 | Elect supervisory board/corporate assembly | MGMT | NO | | |
| 6.00 | Authorize share repurchase | MGMT | NO | | |
| 7.00 | Reduce authorized capital | MGMT | NO | | |
| 9.02 | Approve restructuring/recapitalization | MGMT | NO | | |
| 10.00 | Cancel authorized stock class | MGMT | NO | | |
| 11.01 | Elect Mr. Jacobs | MGMT | NO | | |
| 11.02 | Elect Ms. Marin-Postel | MGMT | NO | | |
| 11.03 | Elect Mr. Loudon | MGMT | NO | | |
| 11.04 | Elect Mr. Ricciardi | MGMT | NO | | |
| 12.00 | Approve remuneration policy | MGMT | NO | | |
| 13.00 | Amend executive profit sharing/bonus plan | MGMT | NO | | |
| 14.00 | Amend stock purchase plan/SAYE/AESOP | MGMT | NO | | |
| 15.00 | Amend executive profit sharing/bonus plan | MGMT | NO | | |
| |
| Royal Dutch Petroleum | | N76277172 | 6/28/05 | Annual |
| 1.00 | NV -- Receive statutory reports | MGMT | NO | | |
| 2.00 | Approve financial statements | MGMT | NO | | |
| 3.01 | NV -- Misc non-U.S. mgt. non-voting | MGMT | NO | | |
| 3.02 | Set dividend/allocate profits | MGMT | NO | | |
| 4.01 | Ratify management acts-legal | MGMT | NO | | |
| 4.02 | Ratify board acts-legal | MGMT | NO | | |
| 5.00 | Elect supervisory board/corporate assembly | MGMT | NO | | |
| 6.00 | Authorize share repurchase | MGMT | NO | | |
| 7.00 | Reduce authorized capital | MGMT | NO | | |
| 8.00 | NV -- Misc non-U.S. mgt. non-voting | MGMT | NO | | |
| 9.01 | Approve restructuring/recapitalization | MGMT | NO | | |
| 9.02 | Approve restructuring/recapitalization | MGMT | NO | | |
| 10.00 | Cancel authorized stock class | MGMT | NO | | |
| 11.01 | Elect Mr. Jacobs | MGMT | NO | | |
| 11.02 | Elect Ms. Marin-Postel | MGMT | NO | | |
| 11.03 | Elect Mr. Loudon | MGMT | NO | | |
| 11.04 | Elect Mr. Ricciardi | MGMT | NO | | |
| 12.00 | Approve remuneration policy | MGMT | NO | | |
| 13.00 | Amend executive profit sharing/bonus plan | MGMT | NO | | |
| 14.00 | Amend stock purchase plan/SAYE/AESOP | MGMT | NO | | |
| 15.00 | Amend executive profit sharing/bonus plan | MGMT | NO | | |
| |
| Schlumberger Ltd | SLB | 806857108 | 4/13/05 | Annual |
| 1.01 | Elect John Deutch | MGMT | YES | WHOLD | AGNST |
| 1.02 | Elect Jamie S. Gorelick | MGMT | YES | WHOLD | AGNST |
| 1.03 | Elect Andrew Gould | MGMT | YES | WHOLD | AGNST |
| 1.04 | Elect Tony Isaac | MGMT | YES | WHOLD | AGNST |
| 1.05 | Elect Adrian Lajous | MGMT | YES | WHOLD | AGNST |
| 1.06 | Elect Andre Levy-Lang | MGMT | YES | WHOLD | AGNST |
| 1.07 | Elect Michael E. Marks | MGMT | YES | WHOLD | AGNST |
| 1.08 | Elect Didier Primat | MGMT | YES | WHOLD | AGNST |
| 1.09 | Elect Tore I. Sandvold | MGMT | YES | WHOLD | AGNST |
| 1.10 | Elect Nicolas Seydoux | MGMT | YES | WHOLD | AGNST |
| 1.11 | Elect Linda Gillespie Stuntz | MGMT | YES | WHOLD | AGNST |
| 1.12 | Elect Rana Talwar | MGMT | YES | WHOLD | AGNST |
| 2.00 | Approve financial statements | MGMT | YES | FOR | FOR |
| 3.01 | Approve non-technical charter amendments | MGMT | YES | FOR | FOR |
| | Restore special meeting |
| | Eliminate written consent |
| 3.02 | Approve non-technical charter amendments | MGMT | YES | FOR | FOR |
| 4.00 | Adopt Stock Incentive Plan | MGMT | YES | FOR | FOR |
| 5.00 | Add shares to employee stock purchase plan | MGMT | YES | FOR | FOR |
| 6.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| |
| Shin-Etsu Chemical | 4063 | J72810120 | 6/29/05 | Annual |
| 1.00 | Allocate dividend | MGMT | YES | FOR | FOR |
| 2.00 | Increase authorized capital | MGMT | YES | FOR | FOR |
| | Set board/supervisory board size limits |
| | Authorize changes to voting record date |
| 3.01 | Elect Director Nominee No. 3.1 | MGMT | YES | FOR | FOR |
| 3.02 | Elect Director Nominee No. 3.2 | MGMT | YES | FOR | FOR |
| 3.03 | Elect Director Nominee No. 3.3 | MGMT | YES | FOR | FOR |
| 3.04 | Elect Director Nominee No. 3.4 | MGMT | YES | FOR | FOR |
| 3.05 | Elect Director Nominee No. 3.5 | MGMT | YES | FOR | FOR |
| 3.06 | Elect Director Nominee No. 3.6 | MGMT | YES | FOR | FOR |
| 3.07 | Elect Director Nominee No. 3.7 | MGMT | YES | FOR | FOR |
| 3.08 | Elect Director Nominee No. 3.8 | MGMT | YES | FOR | FOR |
| 3.09 | Elect Director Nominee No. 3.9 | MGMT | YES | FOR | FOR |
| 4.01 | Elect statutory auditors | MGMT | YES | FOR | FOR |
| 5.00 | Approve directors' fees | MGMT | YES | AGNST | AGNST |
| 6.00 | Approve bonuses for retiring directors | MGMT | YES | AGNST | AGNST |
| | Approve bonuses for retiring statutory auditors |
| 7.00 | Approve stock option grant | MGMT | YES | FOR | FOR |
| |
| Smedvig | SME | R80454102 | 5/11/05 | Annual |
| 1.00 | Elect people to check the minutes | MGMT | NO | | |
| 2.00 | Agenda approval | MGMT | NO | | |
| 3.00 | Approve financial statements | MGMT | NO | | |
| | Set Final Dividend at 1.50 |
| 4.00 | Approve directors' fees | MGMT | NO | | |
| 5.00 | Set auditors' fees | MGMT | NO | | |
| 6.00 | Election of directors by slate | MGMT | NO | | |
| 7.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| 8.00 | Authorize share repurchase | MGMT | NO | | |
| 9.00 | Reduce authorized capital | MGMT | NO | | |
| 10.00 | Amend company purpose | MGMT | NO | | |
| |
| Solvay SA | | B82095116 | 5/3/05 | Special |
| 2.01 | Increase authorized capital | MGMT | NO | | |
| 2.02 | Authorize share repurchase | MGMT | NO | | |
| 2.03 | Authorize share repurchase | MGMT | NO | | |
| 2.04 | Amend board election rules | MGMT | NO | | |
| 2.05 | Amend board powers/procedures/qualifications | MGMT | NO | | |
| 2.06 | Amend meeting procedures/change date | MGMT | NO | | |
| 2.07 | Amend meeting procedures/change date | MGMT | NO | | |
| |
| Solvay SA | | B82095116 | 6/2/05 | Annual |
| 3.00 | Approve financial statements | MGMT | NO | | |
| | Set Dividend at 2.40 |
| 4.00 | Ratify board acts-legal | MGMT | NO | | |
| | Ratify acts of auditors |
| 5.01 | Elect Christian Jourquin | MGMT | NO | | |
| 5.02 | Elect Bernard de Laguiche | MGMT | NO | | |
| 5.03 | Election of directors by slate | MGMT | NO | | |
| 5.04 | Authorize legal formalities | MGMT | NO | | |
| 5.05 | Authorize legal formalities | MGMT | NO | | |
| 5.06 | Approve directors' fees | MGMT | NO | | |
| |
| Statoil Asa | | R8412T102 | 5/11/05 | Annual |
| 1.00 | Opening of the meeting by the chair of the corporate assembly | MGMT | NO | | |
| 2.00 | Registration of attending shareholders and proxies | MGMT | NO | | |
| 3.00 | Election of a chair of the meeting | MGMT | NO | | |
| 4.00 | Election of a person to co-sign the meeting minutes with the chair | MGMT | NO | | |
| 5.00 | Approval of the meeting notice and agenda | MGMT | NO | | |
| 6.00 | Approve financial statements | MGMT | NO | | |
| | Set Final Dividend at 5.30 |
| 7.00 | Set auditors' fees | MGMT | NO | | |
| 8.00 | Authorize share repurchase | MGMT | NO | | |
| |
| Svenska Cellulosa AB (SCA) | | W90152120 | 4/5/05 | Annual |
| 1.00 | Opening of meeting and election of chairman | MGMT | NO | | |
| 2.00 | Preparation and approval of the voting list | MGMT | NO | | |
| 3.00 | Election of two persons to verify the minutes | MGMT | NO | | |
| 4.00 | Determination whether the meeting has been duly convened | MGMT | NO | | |
| 5.00 | Approval of the agenda | MGMT | NO | | |
| 6.00 | NV -- Receive statutory reports | MGMT | NO | | |
| 7.01 | Approve financial statements | MGMT | NO | | |
| 7.02 | Set Final Dividend at 10.50 | MGMT | NO | | |
| 7.03 | Ratify board acts-legal | MGMT | NO | | |
| | Ratify management acts-legal |
| 8.00 | Set board/supervisory board size limits | MGMT | NO | | |
| 9.00 | Approve directors' fees | MGMT | NO | | |
| | Set auditors' fees |
| 10.00 | Election of directors by slate | MGMT | NO | | |
| 11.00 | Elect board committee | MGMT | NO | | |
| 12.00 | NV -- Closing of meeting | MGMT | NO | | |
| |
| Tonen General Sekiyu | 5012 | J8657U110 | 3/25/05 | Annual |
| 1.00 | Allocate dividend | MGMT | YES | FOR | FOR |
| 2.01 | Elect Nominee No. 2.1 | MGMT | YES | FOR | FOR |
| 2.02 | Elect Nominee No. 2.2 | MGMT | YES | FOR | FOR |
| 2.03 | Elect Nominee No. 2.3 | MGMT | YES | FOR | FOR |
| 2.04 | Elect Nominee No. 2.4 | MGMT | YES | FOR | FOR |
| 2.05 | Elect Nominee No. 2.5 | MGMT | YES | FOR | FOR |
| 2.06 | Elect Nominee No. 2.6 | MGMT | YES | FOR | FOR |
| 3.00 | Elect alternate statutory auditor | MGMT | YES | FOR | FOR |
| |
| TOTAL SA | TOT | 89151E109 | 5/17/05 | Annual |
| 1.00 | Approve financial statements | MGMT | NO | | |
| 2.00 | Approve financial statements | MGMT | NO | | |
| 3.00 | Set Dividend at 5.40 | MGMT | NO | | |
| 4.00 | Approve related party transactions | MGMT | NO | | |
| 5.00 | Authorize trade in company stock | MGMT | NO | | |
| 6.00 | Elect Paul Desmarais Jr. | MGMT | NO | | |
| 7.00 | Elect Bertrand Jacquillat | MGMT | NO | | |
| 8.00 | Elect Maurice Lippens | MGMT | NO | | |
| 9.00 | Elect Lord Peter Levene of Portsoken | MGMT | NO | | |
| 10.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| | Increase authorized capital |
| 11.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| | Increase authorized capital |
| 12.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| | Increase authorized capital |
| 13.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| 14.00 | Amend resolution 13 | SHLDR | NO | | |
| |
| TOTAL SA | | F92124100 | 5/17/05 | Annual |
| 1.00 | Approve financial statements | MGMT | NO | | |
| 2.00 | Approve financial statements | MGMT | NO | | |
| 3.00 | Set Dividend at 5.40 | MGMT | NO | | |
| 4.00 | Approve related party transactions | MGMT | NO | | |
| 5.00 | Authorize trade in company stock | MGMT | NO | | |
| 6.00 | Elect Paul Desmarais Jr. | MGMT | NO | | |
| 7.00 | Elect Bertrand Jacquillat | MGMT | NO | | |
| 8.00 | Elect Maurice Lippens | MGMT | NO | | |
| 9.00 | Elect Lord Peter Levene of Portsoken | MGMT | NO | | |
| 10.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| | Increase authorized capital |
| 11.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| | Increase authorized capital |
| 12.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| | Increase authorized capital |
| 13.00 | Issue stock w/o preemptive rights | MGMT | NO | | |
| 14.00 | Amend resolution 13 | SHLDR | NO | | |
| |
| TransCanada Corp | | 89353D107 | 4/29/05 | Annual |
| 1.01 | Elect Douglas D. Baldwin | MGMT | YES | FOR | FOR |
| 1.02 | Elect Kevin E. Benson | MGMT | YES | FOR | FOR |
| 1.03 | Elect Wendy K. Dobson | MGMT | YES | FOR | FOR |
| 1.04 | Elect The Hon. Paule Gauthier | MGMT | YES | FOR | FOR |
| 1.05 | Elect Kerry L. Hawkins | MGMT | YES | FOR | FOR |
| 1.06 | Elect S. Barry Jackson | MGMT | YES | FOR | FOR |
| 1.07 | Elect Paul L. Joskow | MGMT | YES | FOR | FOR |
| 1.08 | Elect Harold N. Kvisle | MGMT | YES | FOR | FOR |
| 1.09 | Elect David P. O'Brien | MGMT | YES | AGNST | AGNST |
| 1.10 | Elect Harry G. Schaefer | MGMT | YES | FOR | FOR |
| 1.11 | Elect W. Thomas Stephens | MGMT | YES | FOR | FOR |
| 2.00 | Appoint auditors and set their fees | MGMT | YES | FOR | FOR |
| |
| United States Steel Corp | X | 912909108 | 4/26/05 | Annual |
| 1.01 | Elect Richard A Gephardt | MGMT | YES | FOR | FOR |
| 1.02 | Elect Shirley A. Jackson | MGMT | YES | FOR | FOR |
| 1.03 | Elect Dan D. Sandman | MGMT | YES | FOR | FOR |
| 1.04 | Elect Thomas J. Usher | MGMT | YES | FOR | FOR |
| 1.05 | Elect Douglas C. Yearley | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| 3.00 | Adopt Stock Incentive Plan | MGMT | YES | AGNST | AGNST |
| 4.00 | Approve annual bonus plan | MGMT | YES | FOR | FOR |
| |
| Valero Energy Corp | VLO | 91913Y100 | 9/13/04 | Special |
| 1.00 | Increase Authorized Common Stock | MGMT | YES | FOR | FOR |
| |
| Varco International Inc | VRC | 922122106 | 3/11/05 | Special |
| 1.00 | Approve merger/acquisition | MGMT | YES | FOR | FOR |
| 2.00 | Adjourn meeting | MGMT | YES | AGNST | AGNST |
| 3.00 | Approve other business | MGMT | YES | AGNST | AGNST |
| |
| Vulcan Materials Co | VMC | 929160109 | 5/13/05 | Annual |
| 1.01 | Elect Livio D. DeSimone | MGMT | YES | FOR | FOR |
| 1.02 | Elect Philip J. Carroll Jr. | MGMT | YES | FOR | FOR |
| 1.03 | Elect Donald M. James | MGMT | YES | FOR | FOR |
| 2.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| |
| Weatherford International Ltd | WFT | G95089101 | 5/13/05 | Annual |
| 1.01 | Elect Nicholas F. Brady | MGMT | YES | FOR | FOR |
| 1.02 | Elect David J. Butters | MGMT | YES | FOR | FOR |
| 1.03 | Elect Bernard J. Duroc-Danner | MGMT | YES | FOR | FOR |
| 1.04 | Elect Sheldon B. Lubar | MGMT | YES | FOR | FOR |
| 1.05 | Elect William E. Macaulay | MGMT | YES | FOR | FOR |
| 1.06 | Elect Robert B. Millard | MGMT | YES | FOR | FOR |
| 1.07 | Elect Robert K. Moses Jr. | MGMT | YES | FOR | FOR |
| 1.08 | Elect Robert Anthony Rayne | MGMT | YES | FOR | FOR |
| 2.00 | Appoint auditors and set their fees | MGMT | YES | FOR | FOR |
| |
| Weyerhaeuser Co | WY | 962166104 | 4/21/05 | Annual |
| 1.01 | Elect D. Michael Steuert | MGMT | YES | WHOLD | AGNST |
| 1.02 | Elect Martha R. Ingram | MGMT | YES | WHOLD | AGNST |
| 1.03 | Elect John I. Kieckhefer | MGMT | YES | WHOLD | AGNST |
| 1.04 | Elect Arnold G. Langbo | MGMT | YES | WHOLD | AGNST |
| 1.05 | Elect Charles R. Williamson | MGMT | YES | WHOLD | AGNST |
| 2.00 | Expense stock options | SHLDR | YES | AGNST | FOR |
| 3.00 | Repeal classified board | SHLDR | YES | FOR | AGNST |
| 4.00 | Award performance-based stock options | SHLDR | YES | AGNST | FOR |
| 5.00 | Preserve/report on natural habitat | SHLDR | YES | AGNST | FOR |
| 6.00 | Ratify selection of auditors | MGMT | YES | FOR | FOR |
| |
| Wood Group (John) | | G9745T100 | 5/19/05 | Annual |
| 1.00 | Approve financial statements | MGMT | YES | FOR | FOR |
| 2.00 | To declare a dividend | MGMT | YES | FOR | FOR |
| 3.00 | Approve remuneration policy | MGMT | YES | FOR | FOR |
| 4.00 | To re-elect as a director Sir Ian C Wood | MGMT | YES | AGNST | AGNST |
| 5.00 | To re-elect as a director Allister G Langlands | MGMT | YES | AGNST | AGNST |
| 6.00 | To re-elect as a director Ewan Brown | MGMT | YES | AGNST | AGNST |
| 7.00 | To elect as a director Neil Smith | MGMT | YES | AGNST | AGNST |
| 8.00 | Appoint outside auditors | MGMT | YES | FOR | FOR |
| 9.00 | Set auditors' fees | MGMT | YES | FOR | FOR |
| 10.00 | Approve executive profit sharing/bonus plan | MGMT | YES | FOR | FOR |
| 11.00 | Issue stock w/ preemptive rights | MGMT | YES | FOR | FOR |
| 12.00 | Issue stock w/o preemptive rights | MGMT | YES | FOR | FOR |
| 13.00 | Authorize share repurchase | MGMT | YES | FOR | FOR |
| |
| XTO Energy Inc | XTO | 98385X106 | 5/17/05 | Annual |
| 1.01 | Elect Herbert D. Simons | MGMT | YES | FOR | FOR |
| 1.02 | Elect William H. Adams III | MGMT | YES | FOR | FOR |
| 1.03 | Elect Keith A. Hutton | MGMT | YES | FOR | FOR |
| 1.04 | Elect Jack P. Randall | MGMT | YES | FOR | FOR |
| |
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 or has recommended that shareholders 'Abstain.'
Where management has recommended that shareholders 'Abstain' from voting on a ballot item: 1) a ballot market 'Abstain' is considered to have been voted for management's recommendation to 'Abstain' and 2) a ballot voted 'For" or 'Against' is considered to have been voted against management's recommendation to 'Abstain.'
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.
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.
