UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-05071
SATURNA INVESTMENT TRUST
(Exact Name of Registrant as Specified in Charter)
1300 N. State Street
Bellingham, Washington 98225-4730
(Address of Principal Executive Offices, including ZIP Code)
Nicholas F. Kaiser
1300 N. State Street
Bellingham, Washington 98225-4730
(Name and Address of Agent for Service)
Registrant’s Telephone Number- (360) 734-9900
Date of fiscal year end: November 30, 2007
Date of reporting period: June 30, 2007
Saturna Investment Trust, Sextant Growth Fund (SSGFX) | ||||||
Proxy Voting Record relating to shareholder meetings held from July 1, 2006 through June 30, 2007 | ||||||
Proposal # | Issue / Proposals | Shares / Proposed by | Symbol / Directors Recommend | CUSIP / Vote | Meeting Date | |
Patterson-UTI Energy, INC | 7,000 | PTEN | 703481101 | 7/12/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
Restoration Hardware | 15,203 | RSTO | 760981100 | 7/19/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratify the selection of Deloitte & Touche LLP as the independent auditors of the fiscal year ending February 3, 2007 | Issuer | For | For | ||
3Com Corporation | 30,000 | COMS | 885535104 | 9/20/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To ratify the appointment of Deloitte & Touche LLP as the company's independent registered public accountants for the fiscal year ending June 1, 2007 | Issuer | For | For | ||
John Wiley & Sons INC | 5,000 | JW/A | 968223206 | 9/21/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Proposal to ratify the appointment of KPMG LLP as independent accountants | Issuer | For | For | ||
Phelps Dodge | 2,660 | PD | 717265102 | 9/25/06 | ||
1 | Approve the amendment to and restatement of Phelps Dodge's restated certificate of incorporation to (1) change the company's name to Phelps Dodge Inco Corporation from Phelps Dodge Corporation (2) increase the number of authorized shares of Phelps dodge common stock from 300 million to 800 million shares and (3) increase the maximum number of members of Phelps Dodge's board of directors from 12 to 15 | Issuer | For | For | ||
2 | Approve the issuance of Phelps Dodge common stock, par value 6.25 per share | Issuer | For | For | ||
3 | Approve the postponement or adjournment of the special meeting to later date or dates if necessary, to permit further solicitation of proxies if there are not sufficient votes at the time of the special meeting to approve the charter amendment proposal | Issuer | For | For | ||
4 | Approve the postponement or adjournment of the special meeting to later date or dates if necessary, to permit further solicitation of proxies if there are not sufficient votes at the time of the special meeting to approve the share issuance proposal | Issuer | For | For | ||
Oracle Corporation | 15,000 | ORCL | 68389X105 | 10/9/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Proposal for the approval of the adoption of the fiscal year 2007 executive bonus plan | Issuer | For | For | ||
3 | Proposal to ratify the selection of Ernst & Young LLP as independent registered public accounting firm of the company for the fiscal year ending May 31, 2007 | Issuer | For | For | ||
4 | Proposal for the approval of the amended and restated 1993 directors stock plan | Issuer | For | For | ||
Duke Energy Corporation | 6,000 | DUK | 26441C105 | 10/24/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Approval of the Duke Energy Corporation 2006 long-term incentive plan | Issuer | For | For | ||
3 | Ratification of Deloitte & Touche LLP as Duke Energy's independent public accountant for 2006 | Issuer | For | For | ||
Harman International Industries | 2,800 | HAR | 413086109 | 11/2/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
Barr Pharmaceuticals INC | 4,500 | BRL | 68306109 | 11/9/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of the selection of Deloitte & Touche LLP as the independent auditor of the company for the six month period ending December 31, 2006 | Issuer | For | For | ||
FPL Group INC | 7,000 | FPL | 302571104 | 12/15/06 | ||
A | Directors recommendation for election | Issuer | For | For all nominees | ||
B | Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the year 2006 | Issuer | For | For | ||
Intuit INC | 11,000 | INTU | 461202103 | 12/15/06 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratify the selection of Ernst 7 Young LLP as our independent registered public accounting firm for the fiscal year 2007 | Issuer | For | For | ||
3 | Approve the amendment to our 2005 equity incentive plan | Issuer | For | For | ||
4 | Approve the amendment to our employee stock purchase plan | Issuer | For | For | ||
Symbol Technologies INC | 10,092 | SBL | 871508107 | 1/9/07 | ||
1 | Proposal to approve and adopt the agreement and plan of merger, dated as of September 18, 2006, as amended of October 30, 2006, by and among Symbol Technologies, INC, Motorola INC, and Motorola GTG subsidiary I Corp. As such agreement may be amended from time to time, and the merger provided for therein | Issuer | For | For | ||
Oshkosh Truck Corporation | 3,000 | OSK | 688239201 | 2/6/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of the appointment of Deloitte & Touche LLP, an independent registered public accounting firm, as the company's independent auditors for the fiscal year ending September 30, 2007 | Issuer | For | For | ||
Ligand Pharmaceuticals INC | 10,000 | LGND | 53220K207 | 2/12/07 | ||
1 | To approve the sale of all or substantially all of our assets under Delaware law through the sale of our rights in and to Avinza in the United States, its territories and Canada, pursuant to the asset purchase agreement | Issuer | For | For | ||
2 | To amend Ligand's 2002 stock incentive plan to allow equitable adjustments to be made to options outstanding under the plan in the event of the payment of a large non-recurring cash dividend | Issuer | For | For | ||
3 | To approve the adjournment of the special meeting, if necessary, to facilitate the approval of proposals 1 or 2, including to permit the solicitation of additional proxies if there are not sufficient votes at the time of the special meeting to establish a quorum or to approve 1 or 2 | Issuer | For | For | ||
MapInfo Corporation | 8,000 | MAPS | 565105103 | 2/13/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Approval of an amendment to the company's 2005 stock incentive plan, as set forth in the accompanying proxy statement | Issuer | For | For | ||
3 | Approval of an amendment to the company's 1993 employee stock repurchase plan, as set forth in the accompanying proxy statement | Issuer | For | For | ||
4 | Ratification of appointment of registered public accounting firm for fiscal year 2007 | Issuer | For | For | ||
Caremark RX INC (also received white and gold proxies) | 5,000 | CMX | 141705103 | 2/20/07 | ||
1 | To adopt the agreement and plan of merger. Dated Nov. 1, 2006 by and among CVS Corporation, Caremark and Twain Mergersub LLC, as amended by amendment no. 1, dated January 16, 2007 and to approve the merger of Caremark RX, Inc with and into Twain Mergersub LLC, all as more fully described in the proxy statement | Issuer | For | For | ||
2 | To approve any adjournment or postponement of the special meeting, including if necessary, to solicit additional proxies in favor of the adoption of the merger agreement and the approval of the merger | Issuer | For | For | ||
Agilent Technologies INC | 8,000 | A | 00846U101 | 2/27/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | The ratification of the audit and finance committee's appointment of Pricewaterhousecoopers LLP as Agilent's independent registered public accounting firm | Issuer | For | For | ||
Hewlett-Packard Company | 7,000 | HPQ | 428236103 | 3/14/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To ratify the appointment of the independent registered public accounting firm for the fiscal year ending October 31, 2007 | Issuer | For | For | ||
3 | Stockholder proposal relating to stockholder nominees for election to the board of directors | Stockholder | Against | Against | ||
4 | Stockholder proposal entitled "Separate the roles of Ceo and Chairman" | Stockholder | Against | Against | ||
5 | Stockholder proposal entitled "Subject any future poison pill to shareholder vote" | Stockholder | Against | Against | ||
6 | Stockholder proposal entitled "Link pay to performance" | Stockholder | Against | Against | ||
Phelps Dodge Corporation | 2,660 | PD | 717265102 | 3/14/07 | ||
1 | Approve and adopt the agreement and plan of merger, dated as of November 18, 2006, among Freeport-mcMoran copper and gold INC, Phelps Dodge Corporation and Panther Acquisition Corporation, as amended | Issuer | For | For | ||
2 | Approve the adjournment of the special meeting, if necessary, to permit solicitation of additional proxies in favor of proposal 1 | Issuer | For | For | ||
KB Home | 5,000 | KBH | 48666K109 | 4/5/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Proposal to amend the amended certificate of incorporation of KB Home to declassify the board of directors and provide for the annual election of directors | Issuer | For | For | ||
3 | Proposal to amend the amended certificate of incorporation of KB Home to repeal its fair price provision | Issuer | For | For | ||
4 | Proposal to ratify the appointment of Ernst & Young LLP as KB Home's independent registered public accounting firm for the fiscal year ending Nov. 30, 2007 | Issuer | For | For | ||
5 | Stockholder proposal relating to senior executive and director holdings of equity-based compensation | Stockholder | Against | Against | ||
6 | Stockholder proposal relating to performance vesting shares | Stockholder | Against | Against | ||
7 | Stockholder proposal relating to stockholder approval of severance agreements | Stockholder | Against | Against | ||
Adobe Systems Incorporated | 7,600 | ADBE | 00724F101 | 4/5/07 | ||
1 | Directors recommendations for election | Issuer | For | For all nominees | ||
2 | Approval of the amendment and restatement of the Adobe Systems INC 2003 equity incentive plan | Issuer | For | For | ||
3 | Stockholder proposal | Stockholder | Against | Against | ||
4 | Ratification of the appointment of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending Nov. 30, 2007 | Issuer | For | For | ||
Eli Lilly and Company | 3,500 | LLY | 532457108 | 4/16/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of the appointment by the audit committee of the board of directors of Ernst & Young LLP as principal independent auditors for 2007 | Issuer | For | For | ||
3 | Approve amendments to the articles of incorporation to provide for annual election of directors | Issuer | For | For | ||
4 | Reapprove performance goals for the company's stock plans | Issuer | For | For | ||
5 | Proposal by shareholders on extending the company's animal care and use policy to contract labs | Shareholder | Against | For | ||
6 | Proposal by shareholders on international outsourcing of animal research | Shareholder | Against | For | ||
7 | Proposal by shareholders on separating the roles of chairman and chief executive officer | Shareholder | Against | Against | ||
8 | Proposal by shareholders on amending the articles of incorporation to allow shareholders to amend the bylaws | Shareholder | Against | Against | ||
9 | Proposal by shareholders on adopting a simple majority vote standard | Shareholder | Against | Against | ||
Washington Mutual INC | 6,750 | WM | 939322103 | 4/17/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Company proposal to ratify the appointment of Deloitte & Touche LLP as the company's independent auditor for 2007 | Issuer | For | For | ||
3 | Shareholder proposal relating to the company's executive retirement plan policies | Shareholder | Against | For | ||
4 | Shareholder proposal relating to the company's director election process | Shareholder | Against | Against | ||
5 | Shareholder proposal relating to the company's director nominee qualification requirements | Shareholder | Against | Against | ||
Frontier Financial Corporation | 15,000 | FTBK | 35907K105 | 4/18/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratify Moss Adams LLP as the auditors for Frontier Financial Corporation and subsidiaries | Issuer | For | For | ||
Weyerhaeuser Company | 4,200 | WY | 962166104 | 4/19/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Shareholder proposal on political contributions | Shareholder | Against | Against | ||
3 | Shareholder proposal on majority vote | Shareholder | Against | Against | ||
4 | Shareholder proposal on wood supply | Shareholder | Against | For | ||
5 | Approval, on an advisory basis, of the appointment of auditors | Issuer | For | For | ||
Genentech INC | 2,000 | DNA | 368710406 | 4/20/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To ratify the selection of Ernst & Young LLP as independent registered public accounting firm of Genentech for the year ending December 31, 2007 | Issuer | For | For | ||
Regal-Beloit Corporation | 4,000 | RBC | 758750103 | 4/20/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To approve an amendment to the company's articles of incorporation that will increase the number of shares of common stock that the company is authorized to issue | |||||
3 | To approve the Regal Beloit Corporation 2007 Equity incentive plan | Issuer | For | For | ||
4 | To ratify the selection of Deloitte & Touche LLP as the company's independent auditors for 2007 | Issuer | For | For | ||
Alcoa INC | 6,000 | AA | 13817101 | 4/20/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Proposal to ratify the independent auditor | Issuer | For | For | ||
Alcoa INC | 6,000 | AA | 13817101 | 4/20/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Proposal to ratify the independent auditor | Issuer | For | For | ||
Honeywell International INC | 3,500 | HON | 438516106 | 4/23/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Approval of independent accountants | Issuer | For | For | ||
3 | 2007 Honeywell global employee stock plan | Issuer | For | For | ||
4 | Recoup unearned management bonuses | Stockholder | Against | Against | ||
5 | Performance based stock options | Stockholder | Against | Against | ||
6 | Special shareholder meetings | Stockholder | Against | For | ||
7 | Six sigma | Stockholder | Against | For | ||
Chubb Corporation | 5,000 | CB | 171232101 | 4/24/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To ratify the appointment of Ernst & Young LLP as independent auditor | Issuer | For | For | ||
3 | To vote on the adoption of an amendment to the Chubb Corporation restated certificate of incorporation | Issuer | For | For | ||
4 | To vote on a shareholder proposal regarding political contributions | Shareholder | Against | Against | ||
Noble Corporation | 4,000 | NE | G65422100 | 4/26/07 | ||
1 | Directors recommendation for election | Issuer | For | For | ||
2 | Approval of the appointment of Pricewaterhousecoopers LLP as independent auditors for 2007 | Issuer | For | For | ||
Washington Banking Company | 6,250 | WBCO | 937303105 | 4/26/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
Sempra Energy | 3,000 | SRE | 816851109 | 4/26/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of independent registered public accounting firm | Issuer | For | For | ||
3 | Adopt simple majority voting | Stockholder | Against | Against | ||
4 | Director election majority vote standard proposal | Stockholder | Against | Against | ||
5 | Supplemental executive retirement plan policy proposal | Stockholder | Against | Against | ||
Abbott Laboratories | 4,000 | ABT | 2824100 | 4/27/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of Deloitte & Touche LLP as auditors | Issuer | For | For | ||
3 | Shareholder proposal- advisory vote | Shareholder | Against | Against | ||
4 | Shareholder proposal- the roles of chairman and Ceo | Shareholder | Against | Against | ||
Lincoln Electric Holdings INC | 4,000 | LECO | 533900106 | 4/27/07 | ||
1 | Directors recommendation for election | Issuer | For | For | ||
2 | Approval of 2007 management incentive compensation plan | Issuer | For | For | ||
3 | Ratification of independent auditors | Issuer | For | For | ||
Pepsico INC | 4,500 | PEP | 713448108 | 5/2/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Approval of independent registered public accountants | Issuer | For | For | ||
3 | Approval of 2007 long-term incentive plan | Issuer | For | For | ||
4 | Shareholder proposal- charitable contributions | Shareholder | Against | Against | ||
Advanced Micro Devices INC | 10,000 | AMD | 7903107 | 5/3/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of appointment of independent registered public accounting firm | Issuer | For | For | ||
3 | Approval of an amendment to our restated certificate of incorporation | Issuer | For | For | ||
Amgen INC | 3,700 | AMGN | 31162100 | 5/9/07 | ||
1 | Directors recommendations for election | Issuer | For | For all nominees | ||
2 | To ratify the selection of Ernst & Young LLP as the company's independent registered public accounting firm for the year ending December 31, 2007 | Issuer | For | For | ||
3 | To approve the amendments to the company's restated certificate of incorporation eliminating the classification of the board of directors | Issuer | For | For | ||
4 | To approve the amendments to the company's amended and restated bylaws eliminating the classification of the board of directors | Issuer | For | For | ||
5A | Animal welfare proposal | Stockholder | Against | Against | ||
5B | Sustainability proposal | Stockholder | Against | Against | ||
United Parcel Service, INC | 2,500 | UPS | 911312106 | 5/10/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of the appointment of Deloitte & Touche LLP as UPS's independent registered public accounting firm for the year ending December 31, 2007 | Issuer | For | For | ||
Nucor Corporation | 4,000 | NUE | 670346105 | 5/10/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratify the appointment of Pricewaterhousecoopers LLP as Nucor's independent registered public accounting firm for the year ending December 31, 2007 | Issuer | For | For | ||
3 | Stockholder proposal | Stockholder | Against | Against | ||
Apple INC | 8,000 | AAPL | 37833100 | 5/10/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To approve amendments to the Apple INC 2003 employee stock plan | Issuer | For | For | ||
3 | To approve amendments to the Apple INC employee stock purchase plan | Issuer | For | For | ||
4 | To approve amendments to the 1997 director stock option plan | Issuer | For | For | ||
5 | To ratify the appointment of KPMG LLP as the company's independent registered public accounting firm for the fiscal year 2007 | Issuer | For | For | ||
6 | To consider a shareholder proposal entitled "Option dating policy" if properly presented at the meeting | Shareholder | Against | Against | ||
7 | To consider a shareholder proposal entitled "Pay for performance standard" if properly presented at the meeting | Shareholder | Against | Against | ||
8 | To consider a shareholder proposal entitled "Environmental report" if properly presented at the meeting | Shareholder | Against | Against | ||
9 | To consider a shareholder proposal entitled "Equity retention policy" if properly presented at the meeting | Shareholder | Against | Against | ||
10 | To consider a shareholder proposal entitled "Electronic waste take back and recycling" if properly presented at the meeting | Shareholder | Against | For | ||
11 | To consider a shareholder proposal entitled "Advisory vote on compensation" if properly presented at the meeting | Shareholder | Against | Against | ||
Duke Energy | 6,000 | DUK | 26441C105 | 5/10/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of Deloitte & Touche LLP as Duke Energy's independent public accountant for 2007 | Issuer | For | For | ||
UAL Corporation | 5,500 | UAUA | 902549807 | 5/10/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
Norfolk Southern Corporation | 4,500 | NSC | 655844108 | 5/10/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of the appointment of KPMG LLP, independent registered public accounting firm, as Norfolk Southern's independent auditors for the year ending December 31, 2007 | Issuer | For | For | ||
Build-A-Bear Workshop INC | 7,000 | BBW | 120076104 | 5/10/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Approval of U.K. stock plan | Issuer | For | For | ||
3 | Ratification of appointment of independent accountants | Issuer | For | For | ||
Performance Food Group Company | 3,000 | PFGC | 713755106 | 5/15/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
Pharmaceutical Product Development INC | 15,000 | PPDI | 717124101 | 5/16/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | In their discretion, the proxies are authorized to vote upon such other matters as may properly come before the meeting | Issuer | For | For | ||
The Charles Schwab Corporation | 25,000 | SCHW | 808513105 | 5/17/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Approval of employee stock purchase plan | Issuer | For | For | ||
3 | Approval of amendments to 2004 stock incentive plan | Issuer | For | For | ||
4 | Stockholder proposal regarding political contributions | Stockholder | Against | Against | ||
5 | Stockholder proposal to require a bylaw amendment for majority voting | Stockholder | Against | Against | ||
Barr Pharmaceuticals | 4,500 | BRL | 68306109 | 5/17/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To ratify the audit committees selection of the company's independent registered public accounting firm for the year ending December 31, 2007 | Issuer | For | For | ||
3 | To approve the Barr Pharmaceuticals, INC 2007 stock and incentive award plan | Issuer | For | For | ||
4 | To approve the Barr Pharmaceuticals, INC 2007 executive officer incentive plan | Issuer | For | For | ||
Idacorp INC | 6,000 | IDA | 451107106 | 5/17/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2007 | Issuer | For | For | ||
Trimble Navigation Limited | 14,000 | TRMB | 896239100 | 5/17/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To ratify the appointment of Ernst & Young LLP as the independent auditors of the company for the current fiscal year ending December 28, 2007 | Issuer | For | For | ||
Red Lion Hotels Corporation | 21,000 | RLH | 95750P106 | 5/17/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of selection of BDO Seidman LLP to serve as our independent registered public accounting firm for 2007 | Issuer | For | For | ||
Lowe's Companies, INC | 6,500 | LOW | 548661107 | 5/25/07 | ||
1 | Directors recommendations for election | Issuer | For | For all nominees | ||
2 | To approve an amendment to the Lowe's Companies employee stock purchase plan-stock options for everyone-to increase the number of shares authorized for issuance under the plan | Issuer | For | For | ||
3 | To ratify the appointment of Deloitte & Touche LLP as the company's independent accountants | Issuer | For | For | ||
4 | Shareholder proposal establishing minimum share ownership requirements for director nominees | Shareholder | Against | Against | ||
5 | Shareholder proposal requesting annual report on wood procurement | Shareholder | Against | Against | ||
6 | Shareholder proposal regarding annual election of each director | Shareholder | Against | Against | ||
7 | Shareholder proposal regarding executive severance agreements | Shareholder | Against | For | ||
8 | Shareholder proposal regarding executive compensation plan | Shareholder | Against | Against | ||
FPL Group, INC | 7,000 | FPL | 302571104 | 5/25/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the year 2007 | Issuer | For | For | ||
3 | Approval of the 2007 non-employee directors stock plan | Issuer | For | For | ||
Ligand Pharmaceuticals Incorporated | 10,000 | LGND | 53220K2007 | 5/31/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Amendment to the 2002 stock incentive plan | Issuer | For | For | ||
3 | Ratification of appointment of independent registered accounting firm | Issuer | For | For | ||
VCA Antech INC | 8,000 | WOOF | 918194101 | 6/4/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To ratify the appointment of KPMG LLP as the company's independent registered public accounting firm | Issuer | For | For | ||
3 | To approve the VCA Antech INC 2007 annual cash incentive plan | Issuer | For | For | ||
Devon Energy Corporation | 3,000 | DVN | 25179M103 | 6/6/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratify the appointment of the company's independent auditors for 2007 | Issuer | For | For | ||
Staples INC | 6,000 | SPLS | 855030102 | 6/11/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | To approve an amendment to staples by-laws to change the voting standard for election of directors in uncontested elections from plurality to majority | Issuer | For | For | ||
3 | To ratify the selection by the audit committee of Ernst & Young LLP as Staples' independent registered public accounting firm for the current fiscal year | Issuer | For | For | ||
4 | To act on a shareholder proposal on simple majority voting | Shareholder | Against | Against | ||
Amazon. COM INC | 5,000 | AMZN | 23135106 | 6/14/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of appointment of Ernst & Young LLP as independent auditors | Issuer | For | For | ||
3 | Re-approval of material terms of performance goals in 1997 stock incentive plan pursuant to section 162(M) of internal revenue code | Issuer | For | For | ||
Best Buy co. INC | 4,000 | BBY | 86516101 | 6/27/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | ||
2 | Ratification of the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending March 1, 2008 | Issuer | For | For | ||
3 | Approval of an amendment to the best Buy Co. INC 2004 omnibus stock and incentive plan to increase the number of shares subject to the plan to 38 million shares | Issuer | For | For |
Saturna Investment Trust, Sextant International Fund (SSIFX) | |||||
Proxy Voting Record relating to shareholder meetings held from July 1, 2006 through June 30, 2007 | |||||
Proposal # | Issue / Proposals | Shares / Proposed by | Symbol / Directors Recommend | CUSIP / Vote | Meeting Date |
Korea Electric Power Corporation | 7,000 | KEP | 500631106 | 8/9/06 | |
1 | Elect Mr. Jong Hwak Park, manager secretariat, as a standing director | Issuer | For | For | |
2 | Elect Mr. Myoung Chul Jang, general manager, personal & general affairs department, as a standing director | Issuer | For | For | |
3 | Elect Mr. Ho Mun, general manager, Choongnam district head office, as a standing director | Issuer | For | For | |
The Boc Group Plc | 2,000 | BOX | 55617609 | 8/16/06 | |
1 | Scheme | Issuer | For | For | |
2 | Special resolution giving effect to the scheme (as described more particularly in the notice convening the meeting) | Issuer | For | For | |
Satyam Computer Services Limited | 3,000 | SAY | 804098101 | 8/21/06 | |
1 | Approval of the audited balance sheet, the audited profit and loss account, the auditors' report and the directors' report. | Issuer | For | For | |
2 | Approval to declare final dividend on equity shares | Issuer | For | For | |
3 | Approval to re-appoint Mr. Vinod K Dham, as director | Issuer | For | For | |
4 | Approval to re-appoint M/S. Price waterhouse as auditors of the company. | Issuer | For | For | |
5 | Approval to appoint Prof. Rammohan Rao Mendu, as director | Issuer | For | For | |
6 | Approval to appoint Mr. Ram Mohan Rao Mynampati as director. | Issuer | For | For | |
7 | Approval for the payment of remuneration to prof. Krishna G Palepu, non-executive director | Issuer | For | For | |
8 | Approval for the increase of the authorized share capital of the company and the alteration of the Memorandum of Association | Issuer | For | For | |
9 | Approval for the issuance and allotment of bonus shares by the company | Issuer | For | For | |
10 | Approval to issue, offer and allot to any one or more or all of the permanent employees and directors restricted stock units | Issuer | For | For | |
11 | Approval to issue, offer and allot to any one or more or all of the permanent employees and directors of the subsidiary companies whether in India or overseas restricted stock units | Issuer | For | For | |
James Hardie Industries N.V. | 3,000 | JHX | 47030M106 | 9/25/06 | |
1 | Receive and adopt annual report and accounts for the fiscal year ended 31 March 2006 | Issuer | For | For | |
2 | Adopt the remuneration report for financial year ended March 2006 | Issuer | For | For | |
3a | Re-elect Ms. M Hllicar to the supervisory and joint boards | Issuer | For | For | |
3b | Re-elect Mr M J Gillillian to the supervisory and joint boards | Issuer | For | For | |
3c | Re-elect Mr. D. G McGauchie to the supervisory and joint boards | Issuer | For | For | |
4 | To increase the aggregate maximum remuneration payable to members of the Supervisory board | Issuer | For | For | |
5a | Approve the Supervisory Board Share Plan 2005 and the issues of shares under it | Issuer | For | For | |
5b | Approve participation in the SBSP by Ms M Hellicar | Issuer | For | For | |
5c | Approve participation in the SBSP by Mr. J D Barr | Issuer | For | For | |
5d | Approve participation in the SBSP by Mr. M R Brown | Issuer | For | For | |
5e | Approve participation in the SBSP by Mr. M J Gillillian | Issuer | For | For | |
5f | Approve participation in the SBSP by Mr. J R H Loudon | Issuer | For | For | |
5g | Approve participation in the SBSP by Mr. D G McGauchie | Issuer | For | For | |
6a | Approve establishment of the Long Term Incentive plan 2006 and the issue of securities | Issuer | For | For | |
6b | Approve participation in the LTIP and issue of options to Mr. L Gries | Issuer | For | For | |
6c | Approve participation in the LTIP and issue of options to Mr. R L Chenu | Issuer | For | For | |
6d | Approve participation in the LTIP and issue of options to B P Butterfield | Issuer | For | For | |
7 | Renewal of authority for the company to acquire its own shares | Issuer | For | For | |
8 | Renewal of rights relating to the takeover provisions | Issuer | For | For | |
Telecom Corporation of New Zealand LTD | 2,500 | NZT | 879278208 | 10/5/06 | |
1 | To authorize the Directors to fix the remuneration of the auditors | Issuer | For | For | |
2 | To re-elect Mr. Mcleod as a director | Issuer | For | For | |
3 | To re-elect Mr. Mcgeoch as a director | Issuer | For | For | |
Intrawest Corporation | 4,600 | IDR | 460915200 | 10/17/06 | |
1 | Resolutions in the form set forth in appendix A of the management information circular of Intrawest dated September 20, 2006 to approve an arrangement under section 192 of the Canada Business Corporations Act involving, among other things, the acquisition by Winter games Acquisition ULC, a corporation that is indirectly owned by 18 private equity funds managed by Fortress Investment Group LLC or one of its affiliates, of all the issued and outstanding common shares in exchange for 35.00 in cash per share. | Issuer | For | For | |
American Oriental Bioengineering, INC | 15,000 | AOB | 28731107 | 11/21/06 | |
1 | Directors recommendation for election | Issuer | For | For all nominees | |
2 | Proposal to ratify the appointment of Weinberg & Company, P.A. as the company's independent auditors | Issuer | For | For | |
3 | Proposal to approve a new 2006 equity incentive plan | Issuer | For | For | |
Coca-cola Femsa, S.A. DE C.V. | 4,300 | KOF | 191241108 | 12/5/06 | |
E1 | To amend the by-laws of the company to include the formation of committees, and other adjusts to comply with the provisions of the Mexican Securities Market Law | Issuer | For | For | |
E2 | Appointment of Delegates to execute and formalize the resolutions adopted during the meeting | Issuer | For | For | |
E3 | Minutes of the shareholders' meeting | Issuer | For | For | |
O1 | Election and/or ratification of members of the Board of Directors and Secretary and their alternates; qualification of their independence in accordance with the Mexican Securities Market Law, and resolution with respect to their remuneration | Issuer | For | For | |
O2 | Proposal to form committees of the Board of Directors, including the audit and corporate practices committees, appointment of the Chairman for such committees, and resolution with respect to their remuneration | Issuer | For | For | |
O3 | Appointment of Delegates to execute and formalize the resolutions adopted during the meeting | Issuer | For | For | |
O4 | Minutes of the shareholders' meeting | Issuer | For | For | |
Audiocodes LTD | 8,000 | AUDC | 1082965 | 12/5/06 | |
1 | To re-elect Shabtai Adlersberg as a class III Director | Issuer | For | For | |
2 | To re-elect Doron Nevo as an outside Director | Issuer | For | For | |
3 | To elect Karen Sarid as an outside Director | Issuer | For | For | |
4 | To authorize the chairman of the board to serve as CEO of the company | Issuer | For | For | |
5 | To ratify the appointment of the company's independent auditors for 2006 and to authorize the compensation of the auditors | Issuer | For | For | |
6 | To approve the grant of options to purchase ordinary shares of the company to Karen Sarid and Doron Nevo | Issuer | For | For | |
Australia & New Zealand Banking Grp LTD | 1,000 | ANZ | 52528304 | 12/15/06 | |
2A | To re-elect a director : Mr. J.K. Ellis | Issuer | For | For | |
2B | To re-elect a director: Ms. M.A. Jackson, AC | Issuer | For | For | |
3 | Adoption of the remuneration report | Issuer | For | For | |
Transportadora De Gas Del Sur S.A. | 1,500 | TGS | 893870204 | 12/21/06 | |
1 | Appointment of two shareholders to approve and sign the meeting minutes | Issuer | For | For | |
2 | Consideration of the actions carried out by the resigning directors appointed by the shareholders' meeting held on March 20, 2006 | Issuer | For | For | |
3 | Appointment of a regular director | Issuer | For | For | |
4 | Consideration of a global program to be created for the issue of unsecured non-convertible debt notes, denominated in US dollars or any other currency, in different classes or series, in a maximum aggregate amount of 650,000,000, or its equivalent in other currencies under the provisions of law 23,574 as amended, and other applicable regulations, as fully described in the notice | Issuer | For | For | |
5 | Delegation to the board of directors to set up program's remaining terms and conditions that are not expressly established by the shareholder meeting as well as the issuance terms and conditions for each class and/or series of the notes, as fully described in the notice | Issuer | For | For | |
Serono S.A. | 5,000 | SRA | 589345107 | 1/5/07 | |
1 | Amendment to the articles of association | Issuer | For | For | |
2 | Directors recommendation for election | Issuer | For | For all nominees | |
James Hardie Industries N.V. | 3,000 | JHX | 47030M106 | 2/7/07 | |
1 | Approval of matters related to the FFA | Issuer | For | For | |
2A | Re-election of Brian Anderson | Issuer | For | For | |
2B | Re-election of Don Defosset | Issuer | For | For | |
2C | Election of Michael Hammes | Issuer | For | For | |
2D | Election of Rudy Van Der Meer | Issuer | For | For | |
Infineon Technologies AG | 5,000 | IFX | 45662N103 | 2/15/07 | |
2A | Approval of the acts of the management board for the 2005/2006 financial year | Issuer | For | For | |
2B | Disapproval of the acts of Dr. V. Zitzewitz for the 2004/2005 financial year | Issuer | For | For | |
3 | Approval of the acts of the supervisory board | Issuer | For | For | |
4 | Appointment of auditors | Issuer | For | For | |
5 | Authorized capital 2007 | Issuer | For | For | |
6 | Convertible bonds/conditional capital | Issuer | For | For | |
7 | Repurchase of own shares | Issuer | For | For | |
8 | Relocation of registered office | Issuer | For | For | |
9 | Right to speak and ask questions | Issuer | For | For | |
Lan Airlines | 3,500 | LFL | 501723100 | 1/26/07 | |
A | Increase the company's capital by virtue of an issuance of 7,500,000 shares, at the price and conditions that the shareholders' meeting shall determine | Issuer | For | For | |
B | Designate a portion of the above mentioned capital increase to compensation plans, in accordance with article 24 of law 18.046 | Issuer | For | For | |
C | Amend the company's bylaws to reflect the resolutions adopted by the shareholders' meeting | Issuer | For | For | |
D | Authorize the company's board of directors to request the registration of the shares representing the capital increase with the registry of the Superintendence of Securities and Issuance; to proceed with the settlement of the shares; and to agree on the terms pertaining to the compensation plans mentioned above | Issuer | For | For | |
E | Adopt any other resolutions necessary to implement the above mentioned resolution | Issuer | For | For | |
Epcos AG | 2,500 | EPC | 29410P107 | 2/14/07 | |
2 | Resolution on appropriation of net income of Epcos AG | Issuer | For | For | |
3 | Resolution on exoneration of the members of the management board | Issuer | For | For | |
4 | Resolution on exoneration of the members of the Supervisory board | Issuer | For | For | |
5 | Resolution on appointment of independent auditor for fiscal year 2006/2007 | Issuer | For | For | |
6A | Supervisory board election: Dr. Bodo Luettge | Issuer | For | For | |
6B | Supervisory board election: Prof. Dr. Claus Weyrich | Issuer | For | For | |
Novartis AG | 1,600 | NVS | 66987V109 | 3/6/07 | |
1 | Approval of the annual report, the financial statements of Novartis AG and the group consolidated financial statement for the year 2006 | Issuer | For | For | |
2 | Approval of the activities of the board of directors | Issuer | For | For | |
3 | Appropriation of available earnings of Novartis AG per balance sheet and declaration of dividend | Issuer | For | For | |
4A | Election to the board of directors: Re-election of Hans-Loerg Rudloff for a three year term | Issuer | For | For | |
4B | Election to the board of directors: re-election of Dr. Daniel Vasella for a three year term | Issuer | For | For | |
4C | Election to the board of directors: Election of new member Marjorie M. Yang for a term of office beginning on 1 January 2008 and ending on the day of the AGM in 2010 | Issuer | For | For | |
5 | Appointment of the auditors and the group auditors | Issuer | For | For | |
6 | Votes regarding additional and/or counter-proposals at the AGM of Novartis AG | Issuer | For | For | |
SK Telecom CO LTD | 5,000 | SKM | 78440P108 | 3/9/07 | |
1 | Approval of the balance sheets, the statements of income, and statements of appropriation of retained earnings of the 23rd fiscal year, as set forth in item 1 of the company's agenda enclosed herewith | Issuer | For | For | |
2 | Approval of the ceiling amount of the remuneration of directors | Issuer | For | For | |
3 | Directors recommendation for election | Issuer | For | For | |
Banco Bilbao Vizcaya Agentaria S.A. | 7,500 | BBV | 05946K101 | 3/16/07 | |
1 | Approval of the annual accounts and management report | Issuer | For | For | |
2 | Directors recommendation for election | Issuer | For | For all nominees | |
3 | Increase the maximum nominal amount by 30,000,000,000. | Issuer | For | For | |
4 | Authorization for the company to acquire treasury stock | Issuer | For | For | |
5 | Re-election of the auditors for the 2007 accounts | Issuer | For | For | |
6 | Amendment of article 36, in the corporate bylaws | Issuer | For | For | |
7 | Constitution of a foundation for economic and social development and cooperation through microfinance activities | Issuer | For | For | |
Coca-cola Femsa S.A.B DE C.V. | 4,300 | KOF | 19124101108 | 3/27/07 | |
5 | Election of members of the board of directors, qualification of their independence in accordance with the Mexican Securities Market Law, and resolution with respect to their remuneration | Issuer | For | For | |
The Toronto-Dominion Bank | 2,400 | TD | 891160509 | 3/28/07 | |
1 | Directors recommendation for election | Issuer | For | For all nominees | |
2 | Appointment of auditor named in the management proxy circular | Issuer | For | For | |
3 | First amendment to bylaw no. 1 | Issuer | For | For | |
4 | Second amendment to bylaw no. 1 | Issuer | For | For | |
5 | First amendment to the bank's stock plan options | Issuer | For | For | |
6 | Second amendment to the bank's stock option plans | Issuer | For | For | |
7 | Shareholder proposal A | Shareholder | Against | Against | |
8 | Shareholder proposal B | Shareholder | Against | Against | |
9 | Shareholder proposal C | Shareholder | Against | Against | |
10 | Shareholder proposal D | Shareholder | Against | Against | |
11 | Shareholder proposal E | Shareholder | Against | Against | |
12 | Shareholder proposal F | Shareholder | Against | Against | |
13 | Shareholder proposal G | Shareholder | Against | Against | |
14 | Shareholder proposal H | Shareholder | Against | Against | |
Canon INC | 3,300 | CAJ | 138006309 | 3/29/07 | |
1 | Dividend from surplus | Issuer | For | For | |
2 | Partial amendment to the articles of incorporation | Issuer | For | For | |
3 | Election of 27 directors | Issuer | For | For | |
4 | Election of one corporate auditor | Issuer | For | For | |
5 | Grant of retirement allowance to directors to be retired | Issuer | For | For | |
6 | Grant of bonus to directors | Issuer | For | For | |
Lan Airlines S.A. | 3,500 | LFL | 501723100 | 4/5/07 | |
O1 | Approval of the annual report, balance of payments and financial statements of the company for the year ended December 31, 2006 | Issuer | For | For | |
O2 | Approval of the distribution of a dividend for the fiscal year 2006, as more fully described in the proxy statement | Issuer | For | For | |
O3 | Agreement on the remunerations of the board for the year 2007 | Issuer | For | For | |
O4 | Agreement on the remunerations of the directors' committee and determination of its budget for the year 2007 | Issuer | For | For | |
O5 | Designation of the external auditors; designation of the risk classifiers, all as more fully described in the proxy statement | Issuer | For | For | |
O6 | Information regarding the cost of processing, printing, and distributing the information | Issuer | For | For | |
O7 | Other known matters of interest to the ordinary shareholders' meeting | Issuer | For | For | |
E1 | To annul the increase in capital by 7,500,000 payable shares | Issuer | For | For | |
E2 | To increase capital stock of Lan Airlines S.A. via the issuance of 22,090,910 | Issuer | For | For | |
E3 | To assign one part of the stated increase in capital to the compensatory plan described in the terms of articles 24 of the law 18.046 | Issuer | For | For | |
E4 | To modify the bylaws in order to adjust them to the framework adopted by the meeting | Issuer | For | For | |
E5 | To empower the board of directors of the company to request the registration of the share representative | Issuer | For | For | |
E6 | To adopt the rest of the agreements necessary to implement the previously mentioned agreements | Issuer | For | For | |
Transportadora DE Gas Del Sur S.A. | 1,500 | TGS | 893870204 | 4/13/07 | |
1 | Approval of two shareholders to approve and sign the meeting minutes | Issuer | For | For | |
2 | Consideration of the annual report, inventory, financial statements, information required by section 68 of the Buenos Aires stock exchange regulations, auditors report and statutory audit committee's report, all as more fully described in the proxy statement | Issuer | For | For | |
3 | Consideration of the allocation of the fiscal year net income | Issuer | For | For | |
4 | Consideration of the actions carried out by the board of directors and the statutory audit committee during the fiscal year ended December 31, 2006 | Issuer | For | For | |
5 | Appointment of regular directors and alternate directors, and statutory audit committee members and determination of their term of office | Issuer | For | For | |
6 | Appointment of an independent accountant to certify the financial statements | Issuer | For | For | |
Rio Tinto PLC | 750 | RTP | 767204100 | 4/13/07 | |
1 | Authority to allot relevant securities under section 80 of the companies act 1985 | Issuer | For | For | |
2 | Authority to allot equity securities for cash under section 89 of the companies act 1985 | Issuer | For | For | |
3 | Authority to purchase Rio Tinto PLC shares by the company or Rio Tinto Limited | Issuer | For | For | |
4 | To approve the amendments to the articles of association of the company and the constitution of Rio Tinto Limited | Issuer | For | For | |
5 | Election of Michael Fitzpatrick | Issuer | For | For | |
6 | Re-election of Ashton Calvert | Issuer | For | For | |
7 | Re-election of Guy Elliot | Issuer | For | For | |
8 | Re-election of Lord Kerr | Issuer | For | For | |
9 | Re-election of Sir Richard Sykes | Issuer | For | For | |
10 | re-appointment of Pricewaterhousecoopers LLP as auditors of Rio Tinto PLC and to authorize the audit committee to determine their remuneration | Issuer | For | For | |
11 | Approval of the remuneration report | Issuer | For | For | |
12 | To receive the financial statements ad the reports of the directors ad auditors for the year ended 31 December 2006 | Issuer | For | For | |
Ritchie Bros. Auctioneers Inc. | 3,000 | RBA | 767744105 | 4/13/07 | |
1 | Directors recommendation for election | Issuer | For | For all nominees | |
2 | Appointment of KPMG LLP as auditors of the company for the ensuing year and authorizing the directors to fix their remuneration | Issuer | For | For | |
3 | Approval of the amended and restated stock option plan of the company, and the proposed amendments contained therein as substantially described in the information circular of the company dated March 14, 2007 | Issuer | For | For | |
4 | Approval of the adoption of a shareholder rights plan in accordance with a shareholder rights plan agreement dated as of Feb 22, 2007 between he company and Computershare Investor Service INC | Issuer | For | For | |
Shire PLC | 2,000 | SHPGY | 82481R106 | 4/16/07 | |
1 | To approve the acquisition by the company of New River Pharmaceuticals INC and approve the increase in the borrowing limits of the company | Issuer | For | For | |
Petro-Canada | 2,000 | PCZ | 71644 E102 | 4/20/07 | |
1 | Directors recommendation for election | Issuer | For | For | |
2 | Appointment of Deloitte & Touche LLP as auditors of the company | Issuer | For | For | |
Embraer-Empresa Brasileira | 3,400 | ERJ | 29081M102 | 4/23/07 | |
A1 | Examine, discuss and vote on the financial statements for the year ended December 31, 2006 | Issuer | For | For | |
A2 | Allocate the net profits recorded in such fiscal year | Issuer | For | For | |
A3 | Appoint the members of the fiscal committee for the 2007/2008 term of office | Issuer | For | For | |
A4 | Set the aggregate annual compensation to be received by the company's officers and members of the committee of its board of directors | Issuer | For | For | |
A5 | Set the compensation of the members of the fiscal committee | Issuer | For | For | |
E1 | Confirm the increase in the company's capital stock in the amount of R$11,119,509.06, as approved by the board of directors at its meetings held in September and December 2006 and March 2007 | Issuer | For | For | |
E2 | Amend article 6 of the company's bylaws, as a result of the confirmation of the increase in capital stock | Issuer | For | For | |
E3 | Amend the company's bylaws in order to remove article10 and its sole paragraph and include them, with amendments, as paragraph 3 and paragraph 4 of article 7, renumbering, as a consequence, the remaining articles of the bylaws | Issuer | For | For | |
E4 | Consolidate the company's bylaws | Issuer | For | For | |
Ing Groep N.V. | 4,000 | ING | 456837103 | 4/24/07 | |
2 | C. Annual accounts for 2006 | Issuer | For | For | |
3 | B. Dividend for 2006 | Issuer | For | For | |
4 | B. Maximum number of stock options and performance shares to be granted to members of the executive board for 2006 | Issuer | For | For | |
5 | B. Amendment of the articles of association | Issuer | For | For | |
7 | A. Discharge of the executive board in respect of the duties performed during the year 2006 | Issuer | For | For | |
7 | B. Discharge of the supervisory board in respect of the duties performed during the year 2006 | Issuer | For | For | |
9,10 | Directors recommendation for election | Issuer | For | For all nominees | |
11 | A. Authorization to issue ordinary shares with or without preferential rights | Issuer | For | For | |
11 | B. Authorization to issue preference B shares with or without preferential rights | Issuer | For | For | |
12 | A. Authorization to acquire ordinary shares or depositary receipts for ordinary shares in the company's own capital | Issuer | For | For | |
12 | B. Authorization to acquire preference A shares or depository receipts for preference A shares in the company's own capital | Issuer | For | For | |
13 | Cancellation of (depositary receipts of) preference A shares which are held by ING Broep N.V. | Issuer | For | For | |
Hanson PLC | 2,100 | HAN | 411349103 | 4/24/07 | |
O1 | To receive and adopt the financial statements and reports of the directors and auditors for the year ended 12/31/06 | Issuer | For | For | |
O2 | To approve the remuneration report as set out in the annual report and form 20-f for the year ended December 31, 2006 | Issuer | For | For | |
O3 | Declaration of a final dividend of 15.35 pence for ordinary share | Issuer | For | For | |
O4 | Directors recommendations for election | Issuer | For | For all nominees | |
O5 | Re-appointment Of Ernst & Young LLP as auditors and to authorize the directors to determine remuneration | Issuer | For | For | |
O6A | Authority to allot relevant shares or securities generally | Issuer | For | For | |
S6B | Limited authority to allot equity securities for cash | Issuer | For | For | |
S7 | Limited authority to make market purchases of shares | Issuer | For | For | |
O8 | Approval of the Hanson sharesave scheme 2007 | Issuer | For | For | |
S9 | Approval for Hansen to send or supply documents or information to members by making them available on a website in accordance with schedule 5 of the companies act 2006 | Issuer | For | For | |
Enersis S.A. | 9,000 | ENI | 29274F104 | 4/24/07 | |
O1 | Approval of the annual report, balance sheet, financial statements and report from the external auditors and account inspectors for the year ended on December 31, 2006 | Issuer | For | For | |
O2 | Profit distribution for the period and dividend payments | Issuer | For | For | |
O3 | Setting of the directors remuneration | Issuer | For | For | |
O4 | Setting of compensation for directors' committee and audit committee and budget determinations for 2007 | Issuer | For | For | |
O6 | Appointment of independent external auditors | Issuer | For | For | |
O7 | Appointment of two account inspectors, including two deputies, and setting of their compensation | Issuer | For | For | |
O8 | Appointment of private rating agencies | Issuer | For | For | |
O9 | Approval of the company's "investments and finance policy" | Issuer | For | For | |
O14 | Other necessary resolutions for the proper implementation of agreements | Issuer | For | For | |
Aegon N.V. | 5,000 | AEG | 7924103 | 4/25/07 | |
2 | Approval of the adoption of te annual accounts 2006 | Issuer | For | For | |
3 | Approval of the final dividend 2006 | Issuer | For | For | |
4 | Approval to release the members of the executive board from liability of their duties | Issuer | For | For | |
5 | Approval to release the members of the supervisory board from liability of their duties | Issuer | For | For | |
6 | Approval to appoint the independent auditor | Issuer | For | For | |
7 | Approval to adopt the new Aegon N.V. Executive board remuneration policy | Issuer | For | For | |
8 | Approval to withdrawal 11,600,000 common shares repurchased in 2006 | Issuer | For | For | |
9 | Approval to amend the articles of incorporation of the company | Issuer | For | For | |
10, 11, 12, 13 | Directors recommendation for election | Issuer | For | For all nominees | |
14 | Approval to authorize the executive board to issue common shares of the company | Issuer | For | For | |
15 | Approval to authorize the executive board to restrict or exclude pre-emptive rights upon issuing common shares of the company | Issuer | For | For | |
16 | Approval to authorize the executive board to issue common shares related to incentive plans | Issuer | For | For | |
17 | Approval to authorize the executive board to acquire shares of the company | Issuer | For | For | |
Encana Corporation | 3,000 | ECA | 292505104 | 4/25/07 | |
1 | Directors recommendations for election | Issuer | For | For all nominees | |
2 | Appointment of auditors- Pricewaterhousecoopers LLP at a remuneration to be fixed by the board of directors | Issuer | For | For | |
3 | Reconfirmation of the shareholder rights plan | Issuer | For | For | |
4 | Amendment No. 1 to the employee stock option plan | Issuer | For | For | |
5 | Amendment No. 2 to the employee stock option plan | Issuer | For | For | |
Basf Aktiengesellschaft | 1,700 | BF | 55262505 | 4/26/07 | |
2 | Adoption of a resolution on the appropriation of profit | Issuer | For | For | |
3 | Adoption of a resolution giving formal approval to the actions of the supervisory board | Issuer | For | For | |
4 | Adoption of a resolution giving formal approval to the actions of the board of executive directors | Issuer | For | For | |
5 | Election of an auditor for the financial year 2007 | Issuer | For | For | |
6 | Authorization to by back shares and to put them to further use including the authorization to redeem bought-back shares and reduce capital | Issuer | For | For | |
7 | Conversion of Bask Aktiengesellschaft into a European company | Issuer | For | For | |
America Movil, S.A.B. DE C.V. | 6,000 | AMX | 02364W105 | 4/27/07 | |
I | Appointment or, as the case may be, re-election of the members of the board of directors of the company that the holders of the series "L" shares are entitled to appoint | Issuer | For | For | |
II | Appointment of delegates to execute and, if applicable, formalize the resolutions adopted by the meeting | Issuer | For | For | |
Pearson PLC | 6,000 | PSO | 705015105 | 4/27/07 | |
1 | To receive the company's accounts and reports of the directors and auditors | Issuer | For | For | |
2 | To declare a final dividend | Issuer | For | For | |
3 | To re-elect Patrick Cescau as a director | Issuer | For | For | |
4 | To re-elect Rona Fairhead as a director | Issuer | For | For | |
5 | To re-elect Susan Fuhrman as a director | Issuer | For | For | |
6 | To re-elect John Makinson as a director | Issuer | For | For | |
7 | To re-appoint Robin Freestone as a director | Issuer | For | For | |
8 | To receive and approve the reports on directors' remuneration | Issuer | For | For | |
9 | To re-appoint Pricewaterhousecoopers LLP as auditors | Issuer | For | For | |
10 | To authorize the directors to determine the remuneration of the auditors | Issuer | For | For | |
11 | To authorize the directors to exercise the powers of the company to allot ordinary shares | Issuer | For | For | |
12 | To increase the authorized share capital of the company | Issuer | For | For | |
13 | To waive the pre-emptive rights conferred under the companies act 1985 to a limited extent | Issuer | For | For | |
14 | To authorize the company to purchase its own shares | Issuer | For | For | |
15 | To authorize the company to send documents electronically | Issuer | For | For | |
Potash Corporation of Saskatchewan INC | 1,000 | POT | 73755L107 | 5/3/07 | |
1 | Directors recommendation for election | Issuer | For | For all nominees | |
2 | The appointment of Deloitte & Touche LLP as auditors for the corporation | Issuer | For | For | |
3 | The resolution approving the adoption of a new performance option plan | Issuer | For | For | |
CRH PLC | 4,000 | CRH | 12626K203 | 5/9/07 | |
1 | Consideration of financial statements and reports of directors and auditors | Issuer | For | For | |
2 | Declaration of a dividend | Issuer | For | For | |
3 | Directors recommendation for election | Issuer | For | For all nominees | |
4 | Remuneration of auditors | Issuer | For | For | |
5 | Disapplication of pre-emption rights | Issuer | For | For | |
6 | Authority to purchase own ordinary shares | Issuer | For | For | |
7 | Authority in relation to re-issue price range of treasury shares | Issuer | For | For | |
8 | Amendment to articles of association | Issuer | For | For | |
9 | Authority to re-issue treasury shares | Issuer | For | For | |
Telefonica, S.A. | 2,200 | TEF | 879382208 | 5/9/07 | |
2 | Directors recommendations for election | Issuer | For | For all nominees | |
1 | Examination and approval, if appropriate, of the individual annual accounts, of the consolidated financial statements and of the management report of Telefonica, S.A. | Issuer | For | For | |
3 | Authorization to acquire the company's own shares, either directly or through group companies | Issuer | For | For | |
4 | Delegation to the board of directors the power to issue debentures, bonds, notes and other fixed-income securities | Issuer | For | Against | |
5 | Reduction in share capital by means of the repurchase of the company's own shares | Issuer | For | For | |
6A | Amendments regarding the general shareholders' meeting | Issuer | For | For | |
6B | Amendments regarding proxy-gathering and voting by means of long-distance communication and remote attendance | Issuer | For | For | |
6C | Amendments regarding the board of directors | Issuer | For | For | |
7A | Amendment of article 5 (powers of the shareholders' meeting) | Issuer | For | For | |
7B | Amendments relating to the call to and preparation of the general shareholders' meeting | Issuer | For | For | |
7C | Amendments relating to proxy-granting and voting by means of long distance communication and remote attendance | Issuer | For | For | |
7D | Other amendments: Amendment of article 21 and amendment of article 24 | Issuer | For | For | |
8 | Delegation of powers to formalize, interpret, cure, and carry out the resolutions adopted by the shareholders | Issuer | For | For | |
Canadian Pacific Railway Limited | 3,200 | CP | 13645T100 | 5/11/07 | |
1 | Directors recommendation for election | Issuer | For | For all nominees | |
2 | Appointment of Pricewaterhousecoopers LLP as auditors | Issuer | For | For | |
China Mobile Limited | 5,500 | CHL | 16941M109 | 5/16/07 | |
1 | To receive and consider the audited financial statements and the reports of directors and auditors | Issuer | For | For | |
2A | To declare an ordinary final dividend for the year ended 31 December 2006 | Issuer | For | For | |
2B | To declare a special final dividend for the year ended 31 December 2006 | Issuer | For | For | |
3 | Directors recommendations for election | Issuer | For | For all nominees | |
4 | To re-appoint Messes. KPMG as auditors and to authorize the directors to fix their remuneration | Issuer | For | For | |
5 | To give a general mandate to the directors to repurchase shares in the company not exceeding 10% of the aggregate nominal amount of the existing issued share capital | Issuer | For | For | |
6 | To give a general mandate to the directors to issue, allot, and deal with additional shares in the company | Issuer | For | For | |
7 | To extend the general mandate granted to the directors to issue, allot and deal with shares by the number of shares repurchased | Issuer | For | For | |
Enel S.P.A. | 1,300 | EN | 29265W108 | 5/23/07 | |
O1 | Financial statements of Enel for the year ended December 31, 2006. Reports of the board of directors, the board of statutory auditors, and external auditors, related resolutions, presentation of the consolidated financial statements for the year ended December 31, 2006 | Issuer | For | For | |
O2 | Allocation of net income for the year | Issuer | For | For | |
O3 | Election of the board of statutory auditors | Issuer | For | For | |
O4 | Determination of the compensation of the regular members of the board of statutory auditors | Issuer | For | For | |
O5 | Extension of the external auditors' mandate to the years 2008, 2009 and 2010 | Issuer | For | For | |
O6 | 2007 stock-option plan for the executives of Enel and/or subsidiaries thereof pursuant to the article 2359 of the civil code | Issuer | For | For | |
E1 | Harmonization of the bylaws with the provisions of law N. 262 of December 28, 2005 and legislative decree N. 303 of December 29, 2006. Amendment of articles 14.3, 14.5, and 20.4 of the bylaws | Issuer | For | For | |
E2 | Delegation to the board of directors of the power to increase the share capital in connection with the 2007 stock-option plan | Issuer | For | For | |
Glaxosmithkline PLC | 3,000 | GSK | 37733W105 | 5/23/07 | |
O1 | To receive and adopt the directors' report and the financial statements | Issuer | For | For | |
O2 | To approve the remuneration report | Issuer | For | For | |
O3 | To elect Dr. Daniel Podolsky as a director | Issuer | For | For | |
O4 | To elect Dr. Stephanie Burns as a director | Issuer | For | For | |
O5 | To re-elect Mr. Julian Heslop as a director | Issuer | For | For | |
O6 | To re-elect Sir Deryck Maughan as a director | Issuer | For | For | |
O7 | To re-elect Dr. Ronaldo Schmitz as a director | Issuer | For | For | |
O8 | To re-elect Sir Robert Wilson as a director | Issuer | For | For | |
O9 | Re-appointment of auditors | Issuer | For | For | |
O10 | Remuneration of auditors | Issuer | For | For | |
S11 | To authorize the company to make donations to Eu political organizations and insure Eu Political expenditure | Issuer | For | For | |
S12 | Authority to allot shares | Issuer | For | For | |
S13 | Disapplication of pre-emption rights | Issuer | For | For | |
S14 | Authority for the company to purchase its own shares | Issuer | For | For | |
S15 | Amendment of the articles of association | Issuer | For | For | |
Cadbury Schweppes PLC | 2,500 | CSG | 127209302 | 5/24/07 | |
1 | Financial statements | Issuer | For | For | |
2 | Declaration of final dividend 2006 | Issuer | For | For | |
3 | Directors' remuneration report | Issuer | For | For | |
4,5,6,7,8 | Directors recommendation for election | Issuer | For | For all nominees | |
9 | Re-appointment of auditors | Issuer | For | For | |
10 | Remuneration of auditors | Issuer | For | For | |
11 | Approve proposed amendments to the group share plans | Issuer | For | For | |
12 | Authority to allot relevant securities | Issuer | For | For | |
13 | Authority to serve communications by electronic means | Issuer | For | For | |
14 | Authority to allot equity securities | Issuer | For | For | |
15 | Authority to make market purchases | Issuer | For | For | |
BCE INC | BCE | 05534B760 | 6/6/07 | ||
1 | Directors recommendation for election | Issuer | For | For all nominees | |
2 | Deloitte & Touche LLP as auditors | Issuer | For | For | |
3 | Approving the special resolution to approve the name change of the corporation | Issuer | For | For | |
4 | Approving the resolution to approve amendments to the company's equity-based compensation plans | Issuer | For | For | |
Tenaris, S.A. | 2,500 | TS | 88031m109 | 6/6/07 | |
A1 | Consideration of the boards and independent auditor's reports. Approval of the company's consolidated financial statements | Issuer | For | For | |
A2 | Consideration of the board of director's and independent auditors reports on the company's annual accounts. Approval of the company's annual accounts at December 31, 2006 | Issuer | For | For | |
A3 | Allocation of results and approval of dividend payment | Issuer | For | For | |
A4 | Discharge to the members of the board of directors | Issuer | For | For | |
A5 | Election of the members of the board of directors | Issuer | For | For | |
A6 | Compensation of the members of the board of directors | Issuer | For | For | |
A7 | Authorization to the board of directors to cause the distribution of all shareholder communications | Issuer | For | For | |
A8 | Appointment of the independent auditors and approval of their fees | Issuer | For | For | |
E1 | The renewal of the validity period of the company's authorized share capital to issue shares from time to time within the limits. The waiver of any preferential subscription rights of existing shareholders provided for by law and the authorization to the board to suppress any preferential subscription rights of existing shareholders | Issuer | For | For | |
Orient-Express Hotels LTD | 3,500 | OEH | 683699102 | 6/15/07 | |
1 | Directors recommendation for election | Issuer | For | For all nominees | |
2 | Appointment of Deloitte & Touche LLP as the company's auditor and authorization to fix the auditor's remuneration | Issuer | For | For | |
3 | Approval of amendments to the company's 2004 stock option plan | Issuer | For | For | |
4 | Approval of the company's 2007 performance share plan | Issuer | For | For | |
5 | Approval of amendments to the company's memorandum of association conferring unrestricted company's objects and powers | Issuer | For | For | |
6 | Confirmation of amendments to the company's by-laws to delete all references in the by-laws to Sea Containers LTD | Issuer | For | For | |
7 | Confirmation of amendments to the company's by-laws to permit electronic delivery of shareholder communications | Issuer | For | For | |
8 | Confirmation of amendments to the company's by-laws not to require two officers also serve as directors | Issuer | For | For | |
9 | Confirmation of amendments to the company's by-laws to allow execution of documents without the company's seal | Issuer | For | For | |
Nissan Motor co. LTD | 5,500 | NSANY | 654744408 | 6/20/07 | |
3 | Directors recommendation for election | Issuer | For | For all nominees | |
1 | Approval of appropriation of retained earnings for the 108th fiscal year | Issuer | For | For | |
2 | Approval of the delegation to the board of directors in deciding the terms and conditions of the issuance of Shinkabu-Yoyakuken without consideration as stock option to employees of the company and directors and employees of its affiliates | Issuer | For | For | |
4 | Granting of share appreciation rights to the directors | Issuer | For | For | |
5 | Granting of retirement allowances to the directors and statutory auditors in relation to the abolition of such allowances | Issuer | For | For | |
Shire PLC | 2,000 | SHPGY | 82481R106 | 6/20/07 | |
1 | To receive the directors' report and accounts for the year ended December 31, 2006 | Issuer | For | For | |
2,3,4,5,6,7,8 | Directors recommendation for election | Issuer | For | For all nominees | |
9 | To re-appoint Deloitte & Touche LLP as auditors of the company | Issuer | For | For | |
10 | To authorize the audit committee to determine the remuneration of the auditors | Issuer | For | For | |
11 | To approve the directors remuneration report for the year ended December 31, 2006 | Issuer | For | For | |
12 | To authorize the allotment of shares | Issuer | For | For | |
13 | To authorize the disapplication of pre-emption rights | Issuer | For | For | |
14 | To authorize market purchases | Issuer | For | For | |
15 | To authorize donations to EU political organizations and the incurring of EU political expenditure | Issuer | For | For | |
16 | To approve the rules of the 2007 Shire PLC employee stock purchase plan and to authorize the directors to make modifications and to establish further plans | Issuer | For | For | |
Sony Corporation | 3,000 | SNE | 835699307 | 6/21/07 | |
1 | Directors recommendation for election | Issuer | For | For all nominees | |
2 | To elect the independent auditor | Issuer | For | For | |
3 | To issue stock acquisition rights for the purpose of granting stock options | Issuer | For | For | |
4 | To amend the articles of incorporation with respect to disclosure to shareholders regarding remuneration paid to each director | Issuer | For | For | |
Nidec Corporation | 5,000 | NJ | 654090109 | 6/22/07 | |
2 | Directors recommendation for election | Issuer | For | For all nominees | |
1 | To amend partly the articles of incorporation | Issuer | For | For | |
3A | Elect Hideo Asahina as a corporate auditor | Issuer | For | For | |
3B | Elect Ryoji Takahashi as a corporate auditor | Issuer | For | For | |
3C | Elect Susumu Oono as a corporate auditor | Issuer | For | For | |
4 | To elect an accounting auditor | Issuer | For | For | |
5 | To pay bonuses to officers | Issuer | For | For | |
6 | To change the limitation of compensation for directors and auditors | Issuer | For | For | |
Nomura Holdings INC | 10,000 | NMR | 65535H208 | 6/27/07 | |
1 | Amendment to the articles of incorporation | Issuer | For | For | |
2 | Directors recommendation for election | Issuer | For | For all nominees | |
3 | Issue of stock acquisition rights as stock options to executives and employees of subsidiaries of the company | Issuer | For | For | |
Mitsubishi UFJ Financial Group INC | 10,000 | MTU | 606822104 | 6/28/07 | |
1 | Appropriation of surplus | Issuer | For | For | |
2 | Partial amendments to the articles of incorporation | Issuer | For | For | |
3 | Election of 15 directors | Issuer | For | For | |
4 | Election of one corporate auditor | Issuer | For | For | |
5 | Granting pf retirement gratuities to retiring directors and corporate auditors and payment of lump-sum retirement gratuities to directors and corporate auditors due to the abolition of retirement gratuities program for officers | Issuer | For | For | |
6 | Revision of the amount of remuneration, etc. for directors and corporate auditors, and determination of the amount and details of stock option remuneration etc. | Issuer | For | For |
Saturna Investment Trust, Sextant Core Fund (SCORX) | |||||
Proxy Voting Record relating to shareholder meetings held from July 1, 2006 through June 30, 2007 | |||||
Proposal # | Issue / Proposals | Shares / Proposed by | Symbol / Directors Recommend | CUSIP / Vote | Meeting Date |
Telefonica, S.A. | 250 | TEF | 879382208 | 5/9/07 | |
2 | Directors recommendations for election | Issuer | For | For all nominees | |
1 | Examination and approval, if appropriate, of the individual annual accounts, of the consolidated financial statements and of the management report of Telefonica, S.A. | Issuer | For | For | |
3 | Authorization to acquire the company's own shares, either directly or through group companies | Issuer | For | For | |
4 | Delegation to the board of directors the power to issue debentures, bonds, notes and other fixed-income securities | Issuer | For | Against | |
5 | Reduction in share capital by means of the repurchase of the company's own shares | Issuer | For | For | |
6A | Amendments regarding the general shareholders' meeting | Issuer | For | For | |
6B | Amendments regarding proxy-gathering and voting by means of long-distance communication and remote attendance | Issuer | For | For | |
6C | Amendments regarding the board of directors | Issuer | For | For | |
7A | Amendment of article 5 (powers of the shareholders' meeting) | Issuer | For | For | |
7B | Amendments relating to the call to and preparation of the general shareholders' meeting | Issuer | For | For | |
7C | Amendments relating to proxy-granting and voting by means of long distance communication and remote attendance | Issuer | For | For | |
7D | Other amendments: Amendment of article 21 and amendment of article 24 | Issuer | For | For | |
8 | Delegation of powers to formalize, interpret, cure, and carry out the resolutions adopted by the shareholders | Issuer | For | For | |
China Mobile (Hong Kong) Limited | 300 | CHL | 16941M109 | 5/16/07 | |
1 | To receive and consider the audited financial statements and the reports of the directors and auditors | Issuer | For | For | |
2A | To declare an ordinary final dividend for the year ended 31 December 2006 | Issuer | For | For | |
2B | To declare a special final dividend for the year ended 31 December 2006 | Issuer | For | For | |
3A | To re-elect Wang Jianzhou as a director | Issuer | For | For | |
3B | To re-elect Li Yue as a director | Issuer | For | For | |
3C | To re-elect Zhang Chenshuang as a director | Issuer | For | For | |
3D | To re-elect Frank Wong Kwong Shing as a director | Issuer | For | For | |
3E | To re-elect Paul Michael Donovan as a director | Issuer | For | For | |
4 | To re-appoint Messrs KPMG as auditors and to authorize the directors to fix their remuneration | Issuer | For | For | |
5 | To give a general mandate to the directors to repurchase shares in the company not exceeding 10% of the aggregate nominal amount of existing issued share capital | Issuer | For | For | |
6 | To give a general mandate to the directors to issue, allot and deal with additional shares in the company | Issuer | For | For | |
7 | To extend the general mandate granted to the directors to issue, allot and deal with shares by the number of shares repurchased | Issuer | For | For | |
Enel S.P.A. | 300 | EN | 29265W108 | 5/23/07 | |
O1 | Financial statements of Enel for the year ended December 31 2006. Reports of the board of directors, the board of statutory auditors, and the external auditors. Related resolutions, presentation of the consolidated financial statements for the year ended December 31, 2006. | Issuer | For | For | |
O2 | Allocation of net income for the year | Issuer | For | For | |
O3 | Election of the board of statutory auditors | Issuer | For | For | |
O4 | Determination of the compensation of the regular members of the board of statutory auditors | Issuer | For | For | |
O5 | Extension of the external auditors' mandate to the years 2008, 2009, and 2010 | Issuer | For | For | |
O6 | 2007 stock-option plan for executives of Enel and/or subsidiaries thereof pursuant to article 2359 of the civil code | Issuer | For | For | |
E1 | Harmonization of the bylaws with the provisions of law N. 262 of December 25, 2005 and legislative decree N. 303 of December 29, 2006. Amendment of articles 14.3, 14.5 and 20.4 of the bylaws | Issuer | For | For | |
E2 | Delegation to the board of directors of the power to increase the share capital in connection with the 2007 stock option plan | Issuer | For | For | |
Tomkins PLC | 750 | TKS | 890030208 | 6/13/07 | |
1 | Receive the directors report and financial statement | Issuer | For | For | |
2 | Approve the remuneration committee report | Issuer | For | For | |
3 | Declare a dividend | Issuer | For | For | |
4 | Reappoint Mr. D.B. Newlands | Issuer | For | For | |
5 | Reappoint the independent auditors | Issuer | For | For | |
6 | Authorize the directors to determine the independent auditors' remuneration | Issuer | For | For | |
7 | Authorize allotment of relevant securities | Issuer | For | For | |
8 | Authorize disapplication of pre-emption rights | Issuer | For | For | |
9 | Authorize purchase of own shares | Issuer | For | For | |
10 | Authorize electronic communication with shareholders | Issuer | For | For |
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 durly authorized.
SATURNA INVESTMENT TRUST
By /s/ Nicholas Kaiser
Nicholas Kaiser, President
Date: August 1, 2007