UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act File Number 811-01434
Lincoln National Variable Annuity Fund A
(Exact name of registrant as specified in charter)
1300 South Clinton Street
Post Office Box 1110
Fort Wayne, IN 46801
(Address of principal executive offices)
Dennis L. Schoff, Esquire
1300 South Clinton Street
Post Office Box 1110
Fort Wayne, IN 46801
(Name and address of Agent for Service)
Copy to:
Colleen E. Tonn, Esquire
1300 South Clinton Street
Post Office Box 1110
Fort Wayne, IN 46801
Registrant’s telephone number, including area code: 260-455-2000
Date of fiscal year-end: December 31
Date of reporting period: June 30, 2006
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
04/28/06 - A | | Abbott Laboratories *ABT* | | 002824100 | | | | | | 03/01/06 | | | | 11,100 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Performance-Based Equity Awards | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Report on Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
06/14/06 - A | | Abercrombie & Fitch Co. *ANF* | | 002896207 | | | | | | 04/17/06 | | | | 7,500 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director James B. Bachmann — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Lauren J. Brisky — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Michael S. Jeffries — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director John W. Kessler — Withhold | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
08/24/05 - S | | Adobe Systems Inc. *ADBE* | | 00724F101 | | | | | | 07/19/05 | | | | 19,800 |
| | 1 | | Issue Shares in Connection with an Acquisition | | | | For | | For | | | | Mgmt | | |
| | 2 | | Adjourn Meeting | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
03/28/06 - A | | Adobe Systems Inc. *ADBE* | | 00724F101 | | | | | | 02/13/06 | | | | 10,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/31/06 - A | | Affiliated Managers Group, Inc. *AMG* | | 008252108 | | | | | | 04/19/06 | | | | 2,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Stock Option Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/21/06 - A | | Alcoa Inc. *AA* | | 013817101 | | | | | | 01/23/06 | | | | 11,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/27/06 - A | | Altria Group, Inc. *MO* | | 02209S103 | | | | | | 03/06/06 | | | | 9,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Separate Chairman and CEO Positions | | | | Against | | Against | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 1 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 4 | | Adopt ILO Standards | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Inform African Americans of Health Risks Associated with Menthol Cigarettes | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Establish Fire Safety Standards for Cigarettes | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Adopt Animal Welfare Policy | | | | Against | | Against | | | | ShrHoldr | | |
| | 8 | | Support Legislation to Reduce Smoking | | | | Against | | Against | | | | ShrHoldr | | |
| | 9 | | Provide Information on Second Hand Smoke | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
08/11/05 - A | | American International Group, Inc. *AIG* | | 026874107 | | | | | | 06/24/05 | | | | 14,900 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director M. Aidinoff — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director P. Chia — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director M. Cohen — Withhold | | | | | | | | | | | | |
| | 1.4 | | Elect Director W. Cohen — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director M. Feldstein — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director E. Futter — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director S. Hammerman — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director C. Hills — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director R. Holbrooke — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director D. Kanak — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director G. Miles, Jr — For | | | | | | | | | | | | |
| | 1.12 | | Elect Director M. Offit — For | | | | | | | | | | | | |
| | 1.13 | | Elect Director M. Sullivan — For | | | | | | | | | | | | |
| | 1.14 | | Elect Director E. Tse — For | | | | | | | | | | | | |
| | 1.15 | | Elect Director F. Zarb — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/17/06 - A | | American International Group, Inc. *AIG* | | 026874107 | | | | | | 03/24/06 | | | | 14,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/10/06 - A | | Amgen, Inc. *AMGN* | | 031162100 | | | | | | 03/13/06 | | | | 13,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Stock Retention | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Link Executive Compensation to Social Issues | | | | Against | | Against | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 2 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 5 | | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Develop an Animal Welfare Policy | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Report on Political Contributions | | | | For | | For | | | | ShrHoldr | | |
| | | | | | | |
03/22/06 - A | | Applied Materials, Inc. *AMAT* | | 038222105 | | | | | | 01/27/06 | | | | 42,800 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/26/06 - A | | Bank of America Corp. *BAC* | | 060505104 | | | | | | 03/03/06 | | | | 39,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Publish Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Provide for an Independent Chairman | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Exclude Reference to Sexual Orientation from the Company’s EEO Statement | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
01/31/06 - A | | Becton, Dickinson and Company *BDX* | | 075887109 | | | | | | 12/07/05 | | | | 6,100 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Report on Toxic Chemicals | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Provide for Cumulative Voting | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
06/21/06 - A | | Best Buy Co., Inc. *BBY* | | 086516101 | | | | | | 04/24/06 | | | | 8,350 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
09/23/05 - A | | Biomet, Inc. *BMET* | | 090613100 | | | | | | 07/26/05 | | | | 7,100 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Stock Option Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/27/06 - A | | Capital One Financial Corp. *COF* | | 14040H105 | | | | | | 02/28/06 | | | | 6,650 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 3 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
06/14/06 - A | | Caterpillar Inc. *CAT* | | 149123101 | | | | | | 04/17/06 | | | | 10,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Omnibus Stock Plan | | | | For | | Against | | | | Mgmt | | |
| | 4 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 5 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 6 | | Declassify the Board of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
04/26/06 - A | | Chevron Corporation *CVX* | | 166764100 | | | | | | 03/06/06 | | | | 16,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Company-Specific-Reimbursement of Stockholder Proposal | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Report on Environmental Impact of Drilling in Sensitive Areas | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Report on Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Adopt an Animal Welfare Policy | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Adopt a Human Rights Policy | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Report on Remediation Expenses in Ecuador | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
04/26/06 - A | | CIGNA Corp. *CI* | | 125509109 | | | | | | 02/28/06 | | | | 3,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
11/15/05 - A | | Cisco Systems, Inc. *CSCO* | | 17275R102 | | | | | | 09/16/05 | | | | 58,800 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Stock Option Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Review/Limit Executive Compensation | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Report on Pay Disparity | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Report on Human Rights Policy | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
05/09/06 - A | | CIT Group Inc *CIT* | | 125581108 | | | | | | 03/23/06 | | | | 9,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 4 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
04/18/06 - A | | Citigroup Inc. *C* | | 172967101 | | | | | | 02/24/06 | | | | 42,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Reduce Supermajority Vote Requirement | | | | For | | For | | | | Mgmt | | |
| | 4 | | Reduce Supermajority Vote Requirement | | | | For | | For | | | | Mgmt | | |
| | 5 | | Reduce Supermajority Vote Requirement | | | | For | | For | | | | Mgmt | | |
| | 6 | | End Issuance of Options and Prohibit Repricing | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Report on Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 8 | | Report on Charitable Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 9 | | Performance-Based Equity Awards | | | | Against | | For | | | | ShrHoldr | | |
| | 10 | | Reimbursement of Expenses Incurred by Shareholder(s) | | | | Against | | Against | | | | ShrHoldr | | |
| | 11 | | Separate Chairman and CEO Positions | | | | Against | | Against | | | | ShrHoldr | | |
| | 12 | | Clawback of Payments Under Restatement | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
11/02/05 - A | | Coach, Inc. *COH* | | 189754104 | | | | | | 09/14/05 | | | | 17,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/18/06 - A | | Comcast Corp. *CMCSA* | | 20030N101 | | | | | | 03/10/06 | | | | 9,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Amend Restricted Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 5 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 6 | | Put Repricing of Stock Options to Shareholder Vote | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Limit Executive Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 9 | | Company-Specific-Adopt Recapitalization Plan | | | | Against | | For | | | | ShrHoldr | | |
| | 10 | | Establish Other Board Committee | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/10/06 - A | | ConocoPhillips *COP* | | 20825C104 | | | | | | 03/10/06 | | | | 11,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Report Damage Resulting From Drilling Inside the National Petroleum Reserve | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 5 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 5 | | Submit Supplemental Executive Retirement Plans to Shareholder vote | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Report Accountability for Company’s Environmental Impacts due to Operation | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Non-Employee Director Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
06/14/06 - A | | Countrywide Financial Corp. *CFC* | | 222372104 | | | | | | 04/17/06 | | | | 11,800 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Approve Report of the Compensation Committee | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/09/06 - A | | Cummins , Inc. *CMI* | | 231021106 | | | | | | 03/20/06 | | | | 3,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/11/06 - A | | CVS Corporation *CVS* | | 126650100 | | | | | | 03/15/06 | | | | 18,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Submit Supplemental Executive Retirement Plans to Shareholder vote | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Report on Feasibility of Product Reformulation | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
01/26/06 - A | | D.R. Horton, Inc. *DHI* | | 23331A109 | | | | | | 12/01/05 | | | | 10,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Report on Energy Efficiency | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Other Business | | | | For | | Against | | | | Mgmt | | |
| | | | | | | |
07/15/05 - A | | Dell Inc. *DELL* | | 24702R101 | | | | | | 05/20/05 | | | | 23,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Expense Stock Options | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 6 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/09/06 - A | | Developers Diversified Realty Corp. *DDR* | | 251591103 | | | | | | 03/20/06 | | | | 7,200 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/28/06 - A | | Dominion Resources, Inc. *D* | | 25746U109 | | | | | | 02/24/06 | | | | 4,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Report on Greenhouse Gas Emissions | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Submit Supplemental Executive Retirement Plans to Shareholder vote | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/09/06 - A | | DST Systems, Inc. *DST* | | 233326107 | | | | | | 03/13/06 | | | | 7,300 |
| | 1 | | Elect Directors | | | | For | | Withhold | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/26/06 - A | | E.I. Du Pont De Nemours & Co. *DD* | | 263534109 | | | | | | 03/06/06 | | | | 13,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Review Executive Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Report on Genetically Modified Organisms | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Performance-Based | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Report on Feasibility of Phasing out PFOA | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Report on Security of Chemical Facilities | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
06/13/06 - A | | eBay Inc. *EBAY* | | 278642103 | | | | | | 04/17/06 | | | | 10,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Stock Option Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/27/06 - A | | Edison International *EIX* | | 281020107 | | | | | | 02/27/06 | | | | 11,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Articles To Eliminate Fair Price Provision | | | | For | | For | | | | Mgmt | | |
| | 3 | | Adopt Simple Majority Vote Requirement | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
07/28/05 - A | | Electronic Arts Inc. *ERTS* | | 285512109 | | | | | | 06/06/05 | | | | 7,300 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 7 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 1.1 | | Elect Director M. Richard Asher — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Leonard S. Coleman — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Gary M. Kusin — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Gregory B. Maffei — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director Timothy Mott — Withhold | | | | | | | | | | | | |
| | 1.6 | | Elect Director Vivek Paul — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Robert W. Pittman — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Lawrence F. Probst III — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director Linda J. Srere — For | | | | | | | | | | | | |
| | 2 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/04/06 - A | | EMC Corp. *EMC* | | 268648102 | | | | | | 03/06/06 | | | | 30,800 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Performance-Based and/or Time-Based Equity Awards | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Declassify the Board of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Limit Composition of Committee(s) to Independent Directors | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
05/09/06 - A | | Ensco International, Inc. *ESV* | | 26874Q100 | | | | | | 03/10/06 | | | | 7,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/23/06 - A | | Everest Re Group LTD *RE* | | G3223R108 | | | | | | 03/27/06 | | | | 3,900 |
| | | | Meeting for Holders of ADRs | | | | | | | | | | | | |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | TO APPROVE AN AMENDMENT TO THE EVEREST RE GROUP, LTD. 2002 STOCK INCENTIVE PLAN. | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
07/22/05 - A | | Exelon Corp. *EXC* | | 30161N101 | | | | | | 05/02/05 | | | | 11,400 |
| | 1 | | Issue Shares in Connection with an Acquisition | | | | For | | For | | | | Mgmt | | |
| | 2 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 8 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 5 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 6 | | Approve Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | 7 | | Adjourn Meeting | | | | For | | Against | | | | Mgmt | | |
| | | | | | | |
05/24/06 - A | | Express Scripts, Inc. *ESRX* | | 302182100 | | | | | | 03/31/06 | | | | 5,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/31/06 - A | | Exxon Mobil Corp. *XOM* | | 30231G102 | | | | | | 04/06/06 | | | | 39,800 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Michael J. Boskin — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director William W. George — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director James R. Houghton — Withhold | | | | | | | | | | | | |
| | 1.4 | | Elect Director William R. Howell — Withhold | | | | | | | | | | | | |
| | 1.5 | | Elect Director Reatha Clark King — Withhold | | | | | | | | | | | | |
| | 1.6 | | Elect Director Philip E. Lippincott — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Henry A. McKinnell, Jr. — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Marilyn Carlson Nelson — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director Samuel J. Palmisano — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director Walter V. Shipley — Withhold | | | | | | | | | | | | |
| | 1.11 | | Elect Director J. Stephen Simon — For | | | | | | | | | | | | |
| | 1.12 | | Elect Director Rex W. Tillerson — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Provide for Cumulative Voting | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Company-Specific-Nominate Independent Director with Industry Experience | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Require Director Nominee Qualifications | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Non-Employee Director Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 8 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 9 | | Review Executive Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 10 | | Link Executive Compensation to Social Issues | | | | Against | | Against | | | | ShrHoldr | | |
| | 11 | | Report on Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 12 | | Report on Charitable Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 13 | | Amend Equal Employment Opportunity Policy to Prohibit Discrimination Based on Sexual Orientation | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 9 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 14 | | Report on Damage Resulting from Drilling for Oil and gas in Protected Areas | | | | Against | �� | Against | | | | ShrHoldr | | |
| | 15 | | Report Accountability for Company’s Environmental Impacts due to Operation | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
07/13/05 - A | | Federated Department Stores, Inc. *FD* | | 31410H101 | | | | | | 05/20/05 | | | | 4,700 |
| | 1 | | Issue Shares in Connection with an Acquisition | | | | For | | For | | | | Mgmt | | |
| | 2 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Declassify the Board of Directors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 5 | | Adjourn Meeting | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/19/06 - A | | Federated Department Stores, Inc. *FD* | | 31410H101 | | | | | | 03/31/06 | | | | 4,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 5 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 6 | | Limit Boards on Which Directors May Concurrently Serve | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
09/26/05 - A | | FedEx Corporation *FDX* | | 31428X106 | | | | | | 08/01/05 | | | | 3,200 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Adopt Simple Majority Vote | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Report on Corporate Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
04/25/06 - A | | Fortune Brands, Inc. *FO* | | 349631101 | | | | | | 02/24/06 | | | | 6,900 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Declassify the Board of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Performance-Based and/or Time-Based Equity Awards | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
07/15/05 - A | | Freddie Mac *FRE* | | 313400301 | | | | | | 05/27/05 | | | | 12,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 10 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/04/06 - A | | Freeport-McMoRan Copper & Gold Inc. *FCX* | | 35671D857 | | | | | | 03/07/06 | | | | 8,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Review Payment Policy to Indonesian Military | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
05/17/06 - A | | Gen-Probe, Inc. *GPRO* | | 36866T103 | | | | | | 03/24/06 | | | | 7,200 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/20/06 - A | | Genentech, Inc. *DNA* | | 368710406 | | | | | | 02/22/06 | | | | 5,900 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Herbert W. Boyer — Withhold | | | | | | | | | | | | |
| | 1.2 | | Elect Director William M. Burns — Withhold | | | | | | | | | | | | |
| | 1.3 | | Elect Director Erich Hunziker — Withhold | | | | | | | | | | | | |
| | 1.4 | | Elect Director Jonathan K.C. Knowles — Withhold | | | | | | | | | | | | |
| | 1.5 | | Elect Director Arthur D. Levinson — Withhold | | | | | | | | | | | | |
| | 1.6 | | Elect Director Debra L. Reed — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Charles A. Sanders — For | | | | | | | | | | | | |
| | 2 | | Amend Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/26/06 - A | | General Electric Co. *GE* | | 369604103 | | | | | | 02/27/06 | | | | 53,900 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director James I. Cash, Jr. — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Sir William M. Castell — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Ann M. Fudge — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Claudio X. Gonzalez — Withhold | | | | | | | | | | | | |
| | 1.5 | | Elect Director Jeffrey R. Immelt — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Andrea Jung — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Alan G. Lafley — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Robert W. Lane — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director Ralph S. Larsen — For | | | | | | | | | | | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 11 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 1.10 | | Elect Director Rochelle B. Lazarus — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director Sam Nunn — For | | | | | | | | | | | | |
| | 1.12 | | Elect Director Roger S. Penske — For | | | | | | | | | | | | |
| | 1.13 | | Elect Director Robert J. Swieringa — For | | | | | | | | | | | | |
| | 1.14 | | Elect Director Douglas A. Warner, III — For | | | | | | | | | | | | |
| | 1.15 | | Elect Director Robert C. Wright — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Restore or Provide for Cumulative Voting | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Adopt Policy on Overboarded Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Company-Specific — One Director from the Ranks of the Retirees | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Separate Chairman and CEO Positions | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Require a Majority Vote for the Election of Directors | | | | Against | | Against | | | | ShrHoldr | | |
| | 8 | | Report on Environmental Policies | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
05/10/06 - A | | Gilead Sciences, Inc. *GILD* | | 375558103 | | | | | | 03/22/06 | | | | 8,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 5 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 6 | | Report on Impact of HIV/AIDS, TB, and Malaria Pandemics | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
04/25/06 - A | | Goodrich Corporation *GR* | | 382388106 | | | | | | 03/06/06 | | | | 7,700 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Diane C. Creel — Withhold | | | | | | | | | | | | |
| | 1.2 | | Elect Director George A. Davidson, Jr. — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Harris E. DeLoach, Jr. — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director James W. Griffith — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director William R. Holland — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director John P. Jumper — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Marshall O. Larsen — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Douglas E. Olesen — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director Alfred M. Rankin, Jr. — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director James R. Wilson — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director A. Thomas Young — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 12 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/11/06 - A | | Google Inc *GOOG* | | 38259P508 | | | | | | 03/17/06 | | | | 1,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | Against | | | | Mgmt | | |
| | 4 | | Company-Specific-Recapitalization Plan | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/10/06 - A | | Grant Prideco Inc *GRP* | | 38821G101 | | | | | | 03/21/06 | | | | 14,600 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director David J. Butters — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Eliot M. Fried — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Dennis R. Hendrix — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Harold E. Layman — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director Sheldon B. Lubar — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Michael McShane — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Robert K. Moses, Jr. — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Joseph E. Reid — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director David A. Trice — Withhold | | | | | | | | | | | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/25/06 - A | | Home Depot, Inc. (The) *HD* | | 437076102 | | | | | | 03/28/06 | | | | 23,800 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Gregory D. Brenneman — Withhold | | | | | | | | | | | | |
| | 1.2 | | Elect Director John L. Clendenin — Withhold | | | | | | | | | | | | |
| | 1.3 | | Elect Director Claudio X. Gonzalez — Withhold | | | | | | | | | | | | |
| | 1.4 | | Elect Director Milledge A. Hart, III — Withhold | | | | | | | | | | | | |
| | 1.5 | | Elect Director Bonnie G. Hill — Withhold | | | | | | | | | | | | |
| | 1.6 | | Elect Director Laban P. Jackson, Jr. — Withhold | | | | | | | | | | | | |
| | 1.7 | | Elect Director Lawrence R. Johnston — Withhold | | | | | | | | | | | | |
| | 1.8 | | Elect Director Kenneth G. Langone — Withhold | | | | | | | | | | | | |
| | 1.9 | | Elect Director Angelo R. Mozilo — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director Robert L. Nardelli — Withhold | | | | | | | | | | | | |
| | 1.11 | | Elect Director Thomas J. Ridge — Withhold | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 13 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 3 | | Increase Disclosure of Executive Compensation | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Report on EEOC-Related Activities | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Submit Supplemental Executive Retirement Plans to Shareholder vote | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Report on Political Contributions | | | | Against | | For | | | | ShrHoldr | | |
| | 9 | | Increase Disclosure of Executive Compensation | | | | Against | | For | | | | ShrHoldr | | |
| | 10 | | Affirm Political Non-partisanship | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
04/24/06 - A | | Honeywell International, Inc. *HON* | | 438516106 | | | | | | 02/24/06 | | | | 9,800 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Approve Non-Employee Director Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 5 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Compensation- Director Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Claw-back of Payments under Restatements | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Report on Public Welfare Initiative | | | | Against | | Against | | | | ShrHoldr | | |
| | 9 | | Eliminate or Restrict Severance Agreements (Change-in-Control) | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/17/06 - A | | Intel Corp. *INTC* | | 458140100 | | | | | | 03/20/06 | | | | 57,300 |
| | 1 | | Elect Director Craig R. Barrett | | | | For | | For | | | | Mgmt | | |
| | 2 | | Elect Director Charlene Barshefsky | | | | For | | For | | | | Mgmt | | |
| | 3 | | Elect Director E. John P. Browne | | | | For | | For | | | | Mgmt | | |
| | 4 | | Elect Director D. James Guzy | | | | For | | For | | | | Mgmt | | |
| | 5 | | Elect Director Reed E. Hundt | | | | For | | For | | | | Mgmt | | |
| | 6 | | Elect Director Paul S. Otellini | | | | For | | For | | | | Mgmt | | |
| | 7 | | Elect Director James D. Plummer | | | | For | | For | | | | Mgmt | | |
| | 8 | | Elect Director David S. Pottruck | | | | For | | For | | | | Mgmt | | |
| | 9 | | Elect Director Jane E. Shaw | | | | For | | For | | | | Mgmt | | |
| | 10 | | Elect Director John L. Thornton | | | | For | | For | | | | Mgmt | | |
| | 11 | | Elect Director David B. Yoffie | | | | For | | For | | | | Mgmt | | |
| | 12 | | Rescind Fair Price Provision | | | | For | | For | | | | Mgmt | | |
| | 13 | | Amend Articles/Bylaws/Repeal Supermajority Vote | | | | For | | For | | | | Mgmt | | |
| | 14 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 15 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 16 | | Approve Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 14 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
04/25/06 - A | | International Business Machines Corp. *IBM* | | 459200101 | | | | | | 02/24/06 | | | | 13,700 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Cathleen Black — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Kenneth I. Chenault — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Juergen Dormann — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Michael L. Eskew — Withhold | | | | | | | | | | | | |
| | 1.5 | | Elect Director Shirley Ann Jackson — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Minoru Makihara — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Lucio A. Noto — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director James W. Owens — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director Samuel J. Palmisano — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director Joan E. Spero — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director Sidney Taurel — For | | | | | | | | | | | | |
| | 1.12 | | Elect Director Charles M. Vest — For | | | | | | | | | | | | |
| | 1.13 | | Elect Director Lorenzo H. Zambrano — Withhold | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Provide for Cumulative Voting | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Evaluate Age Discrimination in Retirement Plans | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Time-Based Equity Awards | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Increase Disclosure of Executive Compensation | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Report on Outsourcing | | | | Against | | Against | | | | ShrHoldr | | |
| | 8 | | Implement/ Increase Activity on the China Principles | | | | Against | | Against | | | | ShrHoldr | | |
| | 9 | | Report on Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 10 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 11 | | Adopt Simple Majority Vote | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
04/27/06 - A | | Johnson & Johnson *JNJ* | | 478160104 | | | | | | 02/28/06 | | | | 22,900 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Articles to Remove Antitakeover Provision | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Disclose Charitable Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/16/06 - A | | JPMorgan Chase & Co. *JPM* | | 46625H100 | | | | | | 03/17/06 | | | | 29,900 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 15 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Put Repricing of Stock Options to Shareholder Vote | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Performance-Based Equity Awards | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Remove Reference to Sexual Orientation from EEO Statement | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Amend Articles/Bylaws/Charter — Call Special Meetings | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Report on Lobbying Activities | | | | Against | | For | | | | ShrHoldr | | |
| | 9 | | Report on Political Contributions | | | | Against | | For | | | | ShrHoldr | | |
| | 10 | | Approve Terms of Existing Poison Pill | | | | Against | | Against | | | | ShrHoldr | | |
| | 11 | | Provide for Cumulative Voting | | | | Against | | For | | | | ShrHoldr | | |
| | 12 | | Claw-back of Payments under Restatements | | | | Against | | Against | | | | ShrHoldr | | |
| | 13 | | Require Director Nominee Qualifications | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
05/18/06 - A | | Juniper Networks, Inc. *JNPR* | | 48203R104 | | | | | | 03/21/06 | | | | 19,500 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Scott Kriens — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Stratton Sclavos — Withhold | | | | | | | | | | | | |
| | 1.3 | | Elect Director William R. Stensrud — For | | | | | | | | | | | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/06/06 - A | | KB Home *KBH* | | 48666K109 | | | | | | 02/14/06 | | | | 7,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Reduce Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/21/06 - A | | Kellogg Co. *K* | | 487836108 | | | | | | 03/01/06 | | | | 5,800 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Sustainability Report | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
04/27/06 - A | | Kimberly-Clark Corp. *KMB* | | 494368103 | | | | | | 02/27/06 | | | | 7,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Declassify the Board of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Adopt ILO Standards | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 16 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 6 | | Report on Feasibility of Phasing Out the Use of Non-certified Wood Fiber | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
04/05/06 - A | | Lehman Brothers Holdings Inc. *LEH* | | 524908100 | | | | | | 02/10/06 | | | | 5,200 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Declassify the Board of Directors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/27/06 - A | | Lexmark International, Inc. *LXK* | | 529771107 | | | | | | 03/03/06 | | | | 9,800 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Michael J. Maples — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Stephen R. Hardis — Withhold | | | | | | | | | | | | |
| | 1.3 | | Elect Director William R. Fields — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Robert Holland, Jr. — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
11/02/05 - A | | Linear Technology Corp. *LLTC* | | 535678106 | | | | | | 09/06/05 | | | | 6,900 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Robert H. Swanson, Jr. — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director David S. Lee — Withhold | | | | | | | | | | | | |
| | 1.3 | | Elect Director Lothar Maier — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Leo T. McCarthy — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director Richard M. Moley — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Thomas S. Volpe — For | | | | | | | | | | | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 5 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/04/06 - A | | Lyondell Chemical Co. *LYO* | | 552078107 | | | | | | 03/09/06 | | | | 15,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/25/06 - A | | Manpower Inc. *MAN* | | 56418H100 | | | | | | 02/14/06 | | | | 9,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 17 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Implement MacBride Principles | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
04/28/06 - A | | Marriott International Inc. *MAR* | | 571903202 | | | | | | 03/07/06 | | | | 6,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Declassify the Board of Directors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Require a Majority Vote for the Election of Directors | | | | For | | For | | | | ShrHoldr | | |
| | | | | | | |
05/09/06 - A | | Masco Corp. *MAS* | | 574599106 | | | | | | 03/15/06 | | | | 8,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
11/03/05 - S | | MBNA Corp. | | 55262L100 | | | | | | 09/02/05 | | | | 33,400 |
| | 1 | | Approve Merger Agreement | | | | For | | For | | | | Mgmt | | |
| | 2 | | Adjourn Meeting | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/25/06 - A | | McDonald’s Corp. *MCD* | | 580135101 | | | | | | 03/27/06 | | | | 14,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Submit Severance Agreement (Change in Control) to shareholder Vote | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Identify Food Products Manufactured or Sold that Contain Genetically Engineered Ingredients | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
08/25/05 - A | | Medtronic, Inc. *MDT* | | 585055106 | | | | | | 07/01/05 | | | | 7,400 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Shirley Ann Jackson, Ph.D. — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Denise M. O’Leary — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Jean-Pierre Rosso — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Jack W. Schuler — Withhold | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Amend Non-Employee Director Stock Option Plan | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/18/06 - A | | Mellon Financial Corp. *MEL* | | 58551A108 | | | | | | 02/10/06 | | | | 14,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 18 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 2 | | Approve Non-Employee Director Restricted Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Vote Requirements to Amend Articles/Bylaws/Charter | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/28/06 - A | | Merrill Lynch & Co., Inc. *MER* | | 590188108 | | | | | | 02/27/06 | | | | 12,900 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Restore or Provide for Cumulative Voting | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Compensation- Director Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Review Executive Compensation | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
04/25/06 - A | | MetLife, Inc *MET* | | 59156R108 | | | | | | 03/01/06 | | | | 8,200 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
11/09/05 - A | | Microsoft Corp. *MSFT* | | 594918104 | | | | | | 09/09/05 | | | | 64,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/04/06 - A | | Morgan Stanley *MS* | | 617446448 | | | | | | 02/03/06 | | | | 17,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Declassify the Board of Directors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Amend Articles/Bylaws/Remove plurality voting for directors | | | | For | | For | | | | Mgmt | | |
| | 5 | | Amend Articles/Bylaws/Eliminate supermajority voting requirements | | | | For | | For | | | | Mgmt | | |
| | 6 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Amend Vote Requirements to Amend Articles/Bylaws/Charter | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Submit Severance Agreement (Change in Control) to shareholder Vote | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/01/06 - A | | Motorola, Inc. *MOT* | | 620076109 | | | | | | 03/03/06 | | | | 25,400 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director E. Zander — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director H.L. Fuller — Against | | | | | | | | | | | | |
| | 1.3 | | Elect Director J. Lewent — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director T. Meredith — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director N. Negroponte — For | | | | | | | | | | | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 19 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 1.6 | | Elect Director I. Nooyi — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director S. Scott, III — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director R. Sommer — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director J. Stengel — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director D. Warner, III — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director J. White — For | | | | | | | | | | | | |
| | 1.12 | | Elect Director M. White — For | | | | | | | | | | | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
03/30/06 - S | | Nabors Industries, Ltd. *NBR* | | G6359F103 | | | | | | 02/17/06 | | | | 5,000 |
| | | | Meeting for Holders of ADRs | | | | | | | | | | | | |
| | 1 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
06/30/06 - A | | Nabors Industries, Ltd. *NBR* | | G6359F103 | | | | | | 04/07/06 | | | | 5,000 |
| | | | Meeting for Holders of ADRs | | | | | | | | | | | | |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | MANAGEMENT PROPOSAL: APPROVAL OF THE COMPANY S AMENDED AND RESTATED 2003 EMPLOYEE STOCK PLAN. | | | | For | | Against | | | | Mgmt | | |
| | | | | | | |
07/22/05 - A | | National Oilwell Varco Inc. *NOV* | | 637071101 | | | | | | 06/08/05 | | | | 7,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/17/06 - A | | National Oilwell Varco Inc. *NOV* | | 637071101 | | | | | | 03/31/06 | | | | 10,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
09/30/05 - A | | National Semiconductor Corp. *NSM* | | 637640103 | | | | | | 08/11/05 | | | | 13,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Stock Option Plan | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 20 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/04/06 - A | | Newfield Exploration Co. *NFX* | | 651290108 | | | | | | 03/07/06 | | | | 7,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Non-Employee Director Restricted Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
07/13/05 - A | | Nextel Communications, Inc. | | 65332V103 | | | | | | 05/20/05 | | | | 17,000 |
| | 1 | | Approve Merger Agreement | | | | For | | For | | | | Mgmt | | |
| | 2 | | Adjourn Meeting | | | | For | | For | | | | Mgmt | | |
| | 3 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 5 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
09/20/05 - A | | Nike, Inc. *NKE* | | 654106103 | | | | | | 07/25/05 | | | | 5,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Amend Omnibus Stock Plan | | | | For | | Against | | | | Mgmt | | |
| | 5 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
03/30/06 - A | | Nokia Corp. | | 654902204 | | | | | | 02/06/06 | | | | 16,800 |
| | | | Meeting for Holders of ADRs | | | | | | | | | | | | |
| | 1 | | APPROVAL OF THE INCOME STATEMENTS AND THE BALANCE SHEETS. | | | | For | | For | | | | Mgmt | | |
| | 2 | | PROPOSAL TO THE ANNUAL GENERAL MEETING OF A DIVIDEND OF EUR 0.37 PER SHARE. | | | | For | | For | | | | Mgmt | | |
| | 3 | | APPROVAL OF THE DISCHARGE OF THE CHAIRMAN, THE MEMBERS OF THE BOARD OF DIRECTORS AND THE PRESIDENT FROM LIABILITY. | | | | For | | For | | | | Mgmt | | |
| | 4 | | APPROVAL OF THE REMUNERATION TO BE PAID TO THE MEMBERS OF THE BOARD OF DIRECTORS. | | | | For | | For | | | | Mgmt | | |
| | 5 | | PROPOSAL ON THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS AS PROPOSED BY THE CORPORATE GOVERNANCE AND NOMINATION COMMITTEE. | | | | For | | For | | | | Mgmt | | |
| | 6 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 7 | | APPROVAL OF THE REMUNERATION TO BE PAID TO THE AUDITOR. | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 21 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 8 | | APPROVAL OF THE RE-ELECTION OF PRICEWATERHOUSECOOPERS OY AS THE AUDITORS FOR FISCAL YEAR 2006. | | | | For | | For | | | | Mgmt | | |
| | 9 | | PROPOSAL OF THE BOARD TO REDUCE THE SHARE CAPITAL THROUGH CANCELLATION OF NOKIA SHARES HELD BY COMPANY. | | | | For | | For | | | | Mgmt | | |
| | 10 | | AUTHORIZATION TO THE BOARD TO INCREASE THE SHARE CAPITAL OF THE COMPANY. | | | | For | | For | | | | Mgmt | | |
| | 11 | | AUTHORIZATION TO THE BOARD TO REPURCHASE NOKIA SHARES. | | | | For | | For | | | | Mgmt | | |
| | 12 | | AUTHORIZATION TO THE BOARD TO DISPOSE NOKIA SHARES HELD BY THE COMPANY. | | | | For | | For | | | | Mgmt | | |
| | 13 | | MARK THE FOR BOX IF YOU WISH TO INSTRUCT NOKIA S LEGAL COUNSELS TO VOTE IN THEIR DISCRETION ON YOUR BEHALF ONLY UPON ITEM 13. | | | | For | | Against | | | | Mgmt | | |
| | | | | | | |
05/17/06 - A | | Northrop Grumman Corp. *NOC* | | 666807102 | | | | | | 03/21/06 | | | | 5,700 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director John T. Chain, Jr. — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Vic Fazio — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Stephen E. Frank — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Charles R. Larson — Withhold | | | | | | | | | | | | |
| | 1.5 | | Elect Director Richard B. Myers — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Ronald D. Sugar — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Articles/Bylaws/Charter-Non-Routine | | | | For | | For | | | | Mgmt | | |
| | 4 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/05/06 - A | | Occidental Petroleum Corp. *OXY* | | 674599105 | | | | | | 03/06/06 | | | | 9,300 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Spencer Abraham — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Ronald W. Burkle — Withhold | | | | | | | | | | | | |
| | 1.3 | | Elect Director John S. Chalsty — Withhold | | | | | | | | | | | | |
| | 1.4 | | Elect Director Edward P. Djerejian — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director R. Chad Dreier — Withhold | | | | | | | | | | | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 22 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 1.6 | | Elect Director John E. Feick — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Ray R. Irani — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Irvin W. Maloney — Withhold | | | | | | | | | | | | |
| | 1.9 | | Elect Director Rodolfo Segovia — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director Aziz D. Syriani — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director Rosemary Tomich — Withhold | | | | | | | | | | | | |
| | 1.12 | | Elect Director Walter L. Weisman — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Limit Executive Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Report on Global Warming | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
10/10/05 - A | | Oracle Corp. *ORCL* | | 68389X105 | | | | | | 08/15/05 | | | | 24,100 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Jeffrey O. Henley — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Lawrence J. Ellison — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Donald L. Lucas — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Michael J. Boskin — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director Jack F. Kemp — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Jeffrey S. Berg — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Safra A. Catz — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Hector Garcia-Molina — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director Joseph A. Grundfest — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director H. Raymond Bingham — Withhold | | | | | | | | | | | | |
| | 1.11 | | Elect Director Charles E. Phillips, Jr. — For | | | | | | | | | | | | |
| | 2 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/25/06 - A | | Paccar Inc. *PCAR* | | 693718108 | | | | | | 02/28/06 | | | | 6,000 |
| | 1 | | Elect Directors | | | | For | �� | For | | | | Mgmt | | |
| | 2 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Declassify the Board of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 23 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/03/06 - A | | PepsiCo, Inc. *PEP* | | 713448108 | | | | | | 03/10/06 | | | | 18,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Publish Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Report on Charitable Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
04/27/06 - A | | Pfizer Inc. *PFE* | | 717081103 | | | | | | 03/01/06 | | | | 55,600 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Michael S. Brown — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director M. Anthony Burns — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Robert N. Burt — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director W. Don Cornwell — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director William H. Gray, III — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Constance J. Horner — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director William R. Howell — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Stanley O. Ikenberry — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director George A. Lorch — Withhold | | | | | | | | | | | | |
| | 1.10 | | Elect Director Henry A. McKinnell — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director Dana G. Mead — Withhold | | | | | | | | | | | | |
| | 1.12 | | Elect Director Ruth J. Simmons — For | | | | | | | | | | | | |
| | 1.13 | | Elect Director William C. Steere, Jr. — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Reduce Supermajority Vote Requirement | | | | For | | For | | | | Mgmt | | |
| | 4 | | Establish Term Limits for Directors | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Social Proposal | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Restore or Provide for Cumulative Voting | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Report on Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 9 | | Report on Animal Welfare Policy | | | | Against | | Against | | | | ShrHoldr | | |
| | 10 | | Reort on Animal-based Testing | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
04/28/06 - A | | PPL Corp. *PPL* | | 69351T106 | | | | | | 02/28/06 | | | | 9,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Amend Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Adopt Simple Majority Vote | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
09/14/05 - S | | ProLogis *PLD* | | 743410102 | | | | | | 08/08/05 | | | | 6,800 |
| | 1 | | Issue Shares in Connection with an Acquisition | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 24 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/26/06 - A | | ProLogis *PLD* | | 743410102 | | | | | | 03/16/06 | | | | 6,800 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director K. Dane Brooksher — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Stephen L. Feinberg — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director George L. Fotiades — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Christine N. Garvey — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director Donald P. Jacobs — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Walter C. Rakowich — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Nelson C. Rising — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Jeffrey H. Schwartz — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director D. Michael Steuert — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director J. Andre Teixeira — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director William D. Zollars — Withhold | | | | | | | | | | | | |
| | 1.12 | | Elect Director Andrea M. Zulberti — For | | | | | | | | | | | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Other Business | | | | For | | Against | | | | Mgmt | | |
| | | | | | | |
05/09/06 - A | | Prudential Financial Inc *PRU* | | 744320102 | | | | | | 03/10/06 | | | | 7,200 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Eliminate or Restrict Severance Agreements (Change-in-Control) | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
03/07/06 - A | | QUALCOMM Inc. *QCOM* | | 747525103 | | | | | | 01/06/06 | | | | 17,200 |
| | 1 | | Elect Directors | | | | For | | Withhold | | | | Mgmt | | |
| | 2 | | Declassify the Board and Eliminate Cumulative Voting | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 5 | | Adjourn Meeting | | | | For | | Against | | | | Mgmt | | |
| | | | | | | |
05/04/06 - A | | Quest Diagnostics, Incorporated *DGX* | | 74834L100 | | | | | | 03/20/06 | | | | 5,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Approve Nonqualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 25 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
04/18/06 - A | | Sprint Nextel Corp *S* | | 852061100 | | | | | | 02/28/06 | | | | 28,387 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Restore or Provide for Cumulative Voting | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/17/06 - A | | St. Mary Land & Exploration Co. *SM* | | 792228108 | | | | | | 03/31/06 | | | | 6,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/20/06 - A | | Texas Instruments Inc. *TXN* | | 882508104 | | | | | | 02/21/06 | | | | 22,100 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/26/06 - A | | Textron Inc. *TXT* | | 883203101 | | | | | | 03/03/06 | | | | 7,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Report on Depleted Uranium Weapons Components | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/16/06 - A | | The Allstate Corp. *ALL* | | 020002101 | | | | | | 03/17/06 | | | | 8,100 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Approve Non-Employee Director Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 5 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Adopt Simple Majority Vote | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
11/16/05 - A | | The Clorox Company *CLX* | | 189054109 | | | | | | 09/20/05 | | | | 4,300 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 26 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
04/19/06 - A | | The Coca-Cola Company *KO* | | 191216100 | | | | | | 02/21/06 | | | | 7,300 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Herbert A. Allen — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Ronald W. Allen — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Cathleen P. Black — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Barry Diller — Withhold | | | | | | | | | | | | |
| | 1.5 | | Elect Director E. Neville Isdell — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Donald R. Keough — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Donald F. McHenry — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Sam Nunn — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director James D. Robinson, III — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director Peter V. Ueberroth — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director James B. Williams — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Restricted Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Report on Charitable Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Review/Report on Recycling Policy | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Performance-Based and/or Time-Based Equity Awards | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Report on Environmental Liabilities in India | | | | Against | | Against | | | | ShrHoldr | | |
| | 8 | | Sponsor Independent Inquiry into Operations in Columbia | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
05/11/06 - A | | The Dow Chemical Company *DOW* | | 260543103 | | | | | | 03/13/06 | | | | 18,000 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Report on Remediation Policies in Bhopal | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Report on Genetically Modified Organisms | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Evaluate Potential Links Between Company Products and Asthma | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Report on Security of Chemical Facilities | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
05/09/06 - A | | The Gap, Inc. *GPS* | | 364760108 | | | | | | 03/13/06 | | | | 23,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 27 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
07/12/05 - S | | The Gillette Co. | | 375766102 | | | | | | 05/19/05 | | | | 8,700 |
| | 1 | | Approve Merger Agreement | | | | For | | For | | | | Mgmt | | |
| | 2 | | Adjourn Meeting | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/24/06 - A | | The Lubrizol Corp. *LZ* | | 549271104 | | | | | | 03/03/06 | | | | 8,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/18/06 - A | | The PMI Group, Inc. *PMI* | | 69344M101 | | | | | | 03/31/06 | | | | 10,900 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Qualified Employee Stock Purchase Plan | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
07/12/05 - S | | The Procter & Gamble Company *PG* | | 742718109 | | | | | | 05/19/05 | | | | 13,200 |
| | 1 | | Approve Merger Agreement | | | | For | | For | | | | Mgmt | | |
| | 2 | | Adjourn Meeting | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
10/11/05 - A | | The Procter & Gamble Company *PG* | | 742718109 | | | | | | 08/12/05 | | | | 13,200 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Amend Articles | | | | For | | For | | | | Mgmt | | |
| | 4 | | Declassify the Board of Directors | | | | For | | For | | | | Mgmt | | |
| | 5 | | Report on Animal Welfare Policy | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Seek Sale of Company/Assets | | | | Against | | Against | | | | ShrHoldr | | |
| | 7 | | Report on Political Contributions | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
03/10/06 - A | | The Walt Disney Company *DIS* | | 254687106 | | | | | | 01/09/06 | | | | 19,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Company-Specific — Shareholder Miscellaneous | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Report on Vendor Standards in China | | | | Against | | Against | | | | ShrHoldr | | |
| | | | | | | |
07/21/05 - A | | Tidewater Inc. *TDW* | | 886423102 | | | | | | 05/24/05 | | | | 7,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Limit Executive Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Declassify the Board of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 28 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/19/06 - A | | Time Warner Inc *TWX* | | 887317105 | | | | | | 03/24/06 | | | | 49,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Adopt Simple Majority Vote Requirement | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Separate Chairman and CEO Positions | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Develop a Code Vendor of Conduct | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/11/06 - A | | Transocean Inc. *RIG* | | G90078109 | | | | | | 03/20/06 | | | | 4,800 |
| | | | Meeting for Holders of ADRs | | | | | | | | | | | | |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | APPROVAL OF THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2006. | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/19/06 - A | | TXU Corp. *TXU* | | 873168108 | | | | | | 03/21/06 | | | | 9,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Establish Range For Board Size | | | | For | | For | | | | Mgmt | | |
| | 4 | | Amend Articles/Bylaws/Charter-Non-Routine | | | | For | | For | | | | Mgmt | | |
| | 5 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
04/18/06 - A | | U.S. Bancorp *USB* | | 902973304 | | | | | | 02/27/06 | | | | 33,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Declassify the Board of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Approve Report of the Compensation Committee | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
04/25/06 - A | | United States Steel Corp. *X* | | 912909108 | | | | | | 02/24/06 | | | | 9,100 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/12/06 - A | | United Technologies Corp. *UTX* | | 913017109 | | | | | | 02/14/06 | | | | 11,400 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Establish Term Limits for Directors | | | | Against | | Against | | | | ShrHoldr | | |
| | 5 | | Report on Foreign Sales of Military Products | | | | Against | | Against | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 29 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/02/06 - A | | UnitedHealth Group Incorporated *UNH* | | 91324P102 | | | | | | 03/21/06 | | | | 12,700 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director James A. Johnson — Withhold | | | | | | | | | | | | |
| | 1.2 | | Elect Director Douglas W. Leatherdale — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director William W. McGuire, M.D. — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Mary O. Mundinger, Ph.D. — Withhold | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/23/06 - A | | Urban Outfitters, Inc. *URBN* | | 917047102 | | | | | | 03/29/06 | | | | 13,700 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Richard A. Hayne — Withhold | | | | | | | | | | | | |
| | 1.2 | | Elect Director Scott A. Belair — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Harry S. Cherken, Jr. — Withhold | | | | | | | �� | | | | | |
| | 1.4 | | Elect Director Joel S. Lawson, III — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director Glen T. Senk — Withhold | | | | | | | | | | | | |
| | 1.6 | | Elect Director Robert H. Strouse — For | | | | | | | | | | | | |
| | | | | | | |
12/01/05 - S | | Valero Energy Corp. *VLO* | | 91913Y100 | | | | | | 11/02/05 | | | | 2,800 |
| | 1 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/27/06 - A | | Valero Energy Corp. *VLO* | | 91913Y100 | | | | | | 03/01/06 | | | | 5,600 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/04/06 - A | | Verizon Communications *VZ* | | 92343V104 | | | | | | 03/06/06 | | | | 26,100 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director James R. Barker — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Richard L. Carrion — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Robert W. Lane — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Sandra O. Moose — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director Joseph Neubauer — Withhold | | | | | | | | | | | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 30 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 1.6 | | Elect Director Donald T. Nicolaisen — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Thomas H. O’Brien — For | | | | | | | | | | | | |
| | 1.8 | | Elect Director Clarence Otis, Jr. — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director Hugh B. Price — For | | | | | | | | | | | | |
| | 1.10 | | Elect Director Ivan G. Seidenberg — For | | | | | | | | | | | | |
| | 1.11 | | Elect Director Walter V. Shipley — For | | | | | | | | | | | | |
| | 1.12 | | Elect Director John R. Stafford — For | | | | | | | | | | | | |
| | 1.13 | | Elect Director Robert D. Storey — For | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Restore or Provide for Cumulative Voting | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Require Majority of Independent Directors on Board | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Company-Specific-Directors on Common Boards | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Performance-Based and/or Time-Based Equity Awards | | | | Against | | Against | | | | ShrHoldr | | |
| | 9 | | Report on Political Contributions | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/11/06 - A | | Vertex Pharmaceuticals Inc. *VRTX* | | 92532F100 | | | | | | 03/14/06 | | | | 5,700 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
05/16/06 - A | | W. R. Berkley Corp. *BER* | | 084423102 | | | | | | 03/20/06 | | | | 7,350 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Executive Incentive Bonus Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Increase Authorized Common Stock | | | | For | | For | | | | Mgmt | | |
| | 4 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
06/02/06 - A | | Wal-Mart Stores, Inc. *WMT* | | 931142103 | | | | | | 04/05/06 | | | | 4,800 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Report on Animal Welfare Standards | | | | Against | | Against | | | | ShrHoldr | | |
| | 4 | | Report on Political Contributions | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Prepare a Sustainability Report | | | | Against | | For | | | | ShrHoldr | | |
| | 7 | | Report on Pay Disparity | | | | Against | | Against | | | | ShrHoldr | | |
| | 8 | | Report on Stock Option Distribution by Race and Gender | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 31 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | | | | | | |
05/16/06 - A | | Wellpoint Inc *WLP* | | 94973V107 | | | | | | 03/24/06 | | | | 9,200 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | | | | | | |
04/25/06 - A | | Wells Fargo & Company *WFC* | | 949746101 | | | | | | 03/07/06 | | | | 4,900 |
| | 1 | | Elect Directors | | | | For | | Split | | | | Mgmt | | |
| | 1.1 | | Elect Director Lloyd H. Dean — For | | | | | | | | | | | | |
| | 1.2 | | Elect Director Susan E. Engel — For | | | | | | | | | | | | |
| | 1.3 | | Elect Director Enrique Hernandez, Jr. — For | | | | | | | | | | | | |
| | 1.4 | | Elect Director Robert L. Joss — For | | | | | | | | | | | | |
| | 1.5 | | Elect Director Richard M. Kovacevich — For | | | | | | | | | | | | |
| | 1.6 | | Elect Director Richard D. McCormick — For | | | | | | | | | | | | |
| | 1.7 | | Elect Director Cynthia H. Milligan — Withhold | | | | | | | | | | | | |
| | 1.8 | | Elect Director Nicholas G. Moore — For | | | | | | | | | | | | |
| | 1.9 | | Elect Director Philip J. Quigley — Withhold | | | | | | | | | | | | |
| | 1.10 | | Elect Director Donald B. Rice — Withhold | | | | | | | | | | | | |
| | 1.11 | | Elect Director Judith M. Runstad — For | | | | | | | | | | | | |
| | 1.12 | | Elect Director Stephen W. Sanger — For | | | | | | | | | | | | |
| | 1.13 | | Elect Director Susan G. Swenson — For | | | | | | | | | | | | |
| | 1.14 | | Elect Director Michael W. Wright — Withhold | | | | | | | | | | | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 4 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Compensation- Director Compensation | | | | Against | | Against | | | | ShrHoldr | | |
| | 6 | | Report on Discrimination in Lending | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
04/27/06 - A | | Wyeth *WYE* | | 983024100 | | | | | | 03/03/06 | | | | 15,900 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 3 | | Approve Non-Employee Director Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 4 | | Report on Product Availability in Canada | | | | Against | | For | | | | ShrHoldr | | |
| | 5 | | Report on Political Contributions | | | | Against | | For | | | | ShrHoldr | | |
| | 6 | | Report on Animal welfare Policy | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 32 |
Vote Summary Report
Jul 01, 2005 - Jun 30, 2006
Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA
| | | | | | | | | | | | | | | | |
Mtg Date/Type | | Company/ Ballot Issues | | Security | | Mgmt Rec | | Vote Cast | | Record Date | | Prpnent | | Shares Voted |
| | 7 | | Require a Majority Vote for the Election of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | 8 | | Separate Chairman and CEO Positions | | | | Against | | For | | | | ShrHoldr | | |
| | 9 | | Adopt Simple Majority Vote Requirement | | | | Against | | For | | | | ShrHoldr | | |
| | | | | | | |
05/01/06 - A | | Zimmer Holdings Inc *ZMH* | | 98956P102 | | | | | | 03/08/06 | | | | 3,500 |
| | 1 | | Elect Directors | | | | For | | For | | | | Mgmt | | |
| | 2 | | Approve Omnibus Stock Plan | | | | For | | For | | | | Mgmt | | |
| | 3 | | Ratify Auditors | | | | For | | For | | | | Mgmt | | |
| | 4 | | Declassify the Board of Directors | | | | Against | | For | | | | ShrHoldr | | |
| | |
Mgmt Rec - Company Management Recommended Vote | | Page 33 |
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.
| | |
Lincoln National Variable Annuity Fund A (Registrant) |
| |
By: | | /s/ Kelly D. Clevenger |
| | (Signature) |
| |
�� | | Kelly D. Clevenger, Chairman |
| | (Printed Name and Title) |
| |
Date: | | August 23, 2006 |