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 811-05921 --------------------------------------------- The Turkish Investment Fund, Inc. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) 1221 Avenue of the Americas, New York, New York 10020 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Amy Doberman, Esq. Managing Director Morgan Stanley Investment Advisors Inc. 1221 Avenue of the Americas New York, New York 10020 - -------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 800-869-6397 ------------ Date of fiscal year end: 10/31 ----- Date of reporting period: 7/1/05 - 6/30/06 ---------------- ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-05921 Reporting Period: 07/01/2005 - 06/30/2006 The Turkish Investment Fund, Inc. ====================== THE TURKISH INVESTMENT FUND, INC. ======================= A.F.M. ULUSLARARASI FILM PRODUKSIYON TICARET VE SANAYI A.S. Ticker: Security ID: TREAFMF00010 Meeting Date: MAY 18, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Accept Financial Statements For Did Not Management Vote 5 Amend Articles Re: 2005 Bonus Dividend For Did Not Management Policy Vote 6 Amend Articles Re: 2006 Bonus Dividend For Did Not Management Policy Vote 7 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 8 Fix Number of and Elect Directors For Did Not Management Proposed by A and B Group Shareholders, Vote and Determine Their Terms of Office and Remuneration 9 Elect Internal Auditors, and Determine For Did Not Management Their Terms of Office and Remuneration Vote 10 Ratify Independent External Auditors For Did Not Management Vote 11 Amend Articles Re: New Dividend Policy For Did Not Management Vote 12 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- ADANA CIMENTO Ticker: Security ID: TRAADANA91F0 Meeting Date: APR 4, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Accept Independent External Auditors' For Did Not Management Reports Vote 5 Accept Financial Statements For Did Not Management Vote 6 Ratify Directors and Internal Auditors For Did Not Management Appointed During the Year Vote 7 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 8 Approve Allocation of Income For Did Not Management Vote 9 Elect Directors and Determine Their For Did Not Management Remuneration Vote 10 Elect Internal Auditors and Determine For Did Not Management Their Remuneration Vote 11 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 12 Ratify Independent External Auditors For Did Not Management Vote 13 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 14 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- AKCANSA CIMENTO SA Ticker: Security ID: TRAAKCNS91F3 Meeting Date: MAR 27, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 5 Accept Financial Statements and For Did Not Management Allocation of Income Vote 6 Approve Allocation of Bonus Dividends For Did Not Management Vote 7 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 8 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 9 Elect Directors and Internal Auditors and For Did Not Management Determine Their Terms of Office Vote 10 Ratify Independent External Auditors For Did Not Management Vote 11 Amend Articles 6 and 27 of Bylaws, and For Did Not Management Cancellation of Provisional Article 1 Vote 12 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose - -------------------------------------------------------------------------------- AKCANSA CIMENTO SA Ticker: Security ID: TRAAKCNS91F3 Meeting Date: NOV 28, 2005 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Amend Articles 6, 9, and 33 of Bylaws, For Did Not Management and Creation of Provisional Art. 1 Re: Vote Consolidation of Shares and Share Bills - -------------------------------------------------------------------------------- AKSIGORTA Ticker: Security ID: TRAAKGRT91O5 Meeting Date: MAR 24, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Approve Allocation of Income For Did Not Management Vote 5 Approve Discharge of Board and Internal For Did Not Management Auditors Vote 6 Fix Number of and Elect Directors For Did Not Management Vote 7 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose - -------------------------------------------------------------------------------- ANADOLU EFES BIRACILIK VE MALT SAN Ticker: Security ID: TRAAEFES91A9 Meeting Date: MAY 15, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting and For Did Not Management Authorize Presiding Council to Sign Vote Minutes of Meeting 2 Accept Board and Statutory Reports For Did Not Management Vote 3 Accept Financial Statements For Did Not Management Vote 4 Approve Allocation of Income For Did Not Management Vote 5 Approve Directors Appointed During the For Did Not Management Year Vote 6 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 7 Amend Articles of Bylaws For Did Not Management Vote 8 Elect Directors; Determine Their Terms of For Did Not Management Office and Remuneration Vote 9 Elect Internal Auditors; Determine Their For Did Not Management Terms of Office and Remuneration Vote 10 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 11 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 12 Ratify Independent External Auditors For Did Not Management Vote 13 Close Meeting None Did Not Management Vote - -------------------------------------------------------------------------------- BATI CIMENTO Ticker: Security ID: TRABTCIM91F5 Meeting Date: MAR 28, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting and For Did Not Management Authorize Council to Sign Minutes of Vote Meeting 2 Accept Financial Statements and Statutory For Did Not Management Reports Vote 3 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 4 Approve Discharge of Board and Internal For Did Not Management Auditors Vote 5 Fix Number of and Elect Internal For Did Not Management Auditors, and Determine Their Terms of Vote Office and Remuneration 6 Approve Allocation of Income For Did Not Management Vote 7 Ratify Independent External Auditors For Did Not Management Vote 8 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 9 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- BIM BIRLESIK MAGAZALAR AS Ticker: Security ID: TREBIMM00018 Meeting Date: APR 4, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting and For Did Not Management Authorize Council ti Sign Minutes of Vote Meeting 2 Accept Board and Statutory Reports For Did Not Management Vote 3 Accept Financial Statements For Did Not Management Vote 4 Approve Allocation of Income For Did Not Management Vote 5 Approve Discharge of Board and Internal For Did Not Management Auditors Vote 6 Fix Number of and Elect Directors, and For Did Not Management Determine Their Terms of Office Vote 7 Fix Number of and Elect Internal For Did Not Management Auditors, and Determine Their Terms of Vote Office and Remuneration 8 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 9 Ratify Independent External Auditors For Did Not Management Vote 10 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- BORUSAN YATIRIM PAZARLAMA AS Ticker: Security ID: TRABRYAT91Q2 Meeting Date: APR 12, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 5 Accept Financial Statements For Did Not Management Vote 6 Approve Allocation of Income For Did Not Management Vote 7 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 8 Ratify Independent External Auditors For Did Not Management Vote 9 Fix Number of and Elect Directors, and For Did Not Management Determine Their Terms of Office and Vote Remuneration 10 Fix Number of and Elect Internal For Did Not Management Auditors, and Determine Their Terms of Vote Office and Remuneration 11 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 12 Amend Articles Re: New Currency For Did Not Management Vote 13 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- BOYNER BUYUK MAGAZACILIK (FORMERLY CARSI BUYUK MAGAZACILIK). Ticker: Security ID: TRACARSI91J0 Meeting Date: MAR 30, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Accept Financial Statements and Approve For Did Not Management Allocation of Income Vote 5 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 6 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 7 Elect Directors and Determine Their Terms For Did Not Management of Office Vote 8 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 9 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 10 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- COCA COLA ICECEK SANAYI A.S. Ticker: Security ID: TRECOLA00011 Meeting Date: JUN 29, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Open Meeting and Elect Presiding Council None Did Not Management of Meeting Vote 2 Approve Acquisition of Efes Smai Yatirim For Did Not Management Holding A.S. Vote 3 Elect John Pual Sechi as Director; For Did Not Management Determine Their Remuneration Vote 4 Ratify Mustafa Uysal as Independent For Did Not Management External Auditors for Fiscal 2006 Vote 5 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- DOGAN BURDA AS Ticker: Security ID: TRADOBUR91D3 Meeting Date: JUL 29, 2005 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Amend Articles Re: Edit Company Name For Did Not Management Vote 4 Amend Articles Re: Increase Board Size For Did Not Management from Eight to Ten Vote - -------------------------------------------------------------------------------- DOGAN BURDA AS Ticker: Security ID: TRADOBUR91D3 Meeting Date: MAY 1, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Financial Statements and Statutory For Did Not Management Reports Vote 4 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 5 Approve Allocation of Income For Did Not Management Vote 6 Elect Directors For Did Not Management Vote 7 Elect Internal Auditors For Did Not Management Vote 8 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 9 Ratify Independent External Auditors For Did Not Management Vote 10 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 11 Amend Articles Re: New Dividend Policy For Did Not Management Vote 12 Approve Donations Made in Financial Year For Did Not Management 2005 Vote - -------------------------------------------------------------------------------- DOGAN YAYIN HOLDING Ticker: Security ID: TRADYHOL91Q7 Meeting Date: MAY 29, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Financial Statements and Statutory For Did Not Management Reports Vote 4 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 5 Approve Allocation of Income For Did Not Management Vote 6 Elect Directors for Fiscal 2006 For Did Not Management Vote 7 Elect Internal Auditors for Fiscal 2006 For Did Not Management Vote 8 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 9 Ratify Independent External Auditors For Did Not Management Vote 10 Approve Board Powers Re: Exchange of For Did Not Management Shares and Assets Vote 11 Authorize Issuance of Bonds and/or For Did Not Management Commercial Papers Vote 12 Approve Distribution of Advance Dividends For Did Not Management Vote 13 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 14 Amend Articles Re: New Dividend Policy For Did Not Management Vote 15 Approve Non-Issuance of Donations in For Did Not Management Financial Year 2005 Vote 16 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- ECZACIBASI YAPI Ticker: Security ID: TRAECYAP91F9 Meeting Date: APR 7, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting and For Did Not Management Authorize Presiding Council to Sign Vote Minutes of Meeting 2 Accept Board and Statutory Reports For Did Not Management Vote 3 Approve Financial Statements and For Did Not Management Allocation of Income Vote 4 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 5 Elect Directors and Internal Auditors and For Did Not Management Determine Their Terms of Office Vote 6 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 7 Amend Article 6 of Bylaws For Did Not Management Vote 8 Ratify Independent External Auditors For Did Not Management Vote 9 Authorize Issuance of Bonds and For Did Not Management Commercial Papers Vote 10 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 11 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- ENKA INSAAT VE SANAYI A.S. Ticker: Security ID: TREENKA00011 Meeting Date: APR 21, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Accept Independent External Auditor's For Did Not Management Report Vote 5 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 6 Accept Financial Statements and Approve For Did Not Management Discharge of Directors and Internal Vote Auditors 7 Elect Directors For Did Not Management Vote 8 Elect Internal Auditors For Did Not Management Vote 9 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 10 Approve Allocation of Income For Did Not Management Vote 11 Amend Articles Re: New Dividend Policy For Did Not Management Vote 12 Ratify Independent External Auditors For Did Not Management Vote 13 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 14 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- ENKA INSAAT VE SANAYI A.S. Ticker: Security ID: TREENKA00011 Meeting Date: SEP 9, 2005 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Amend Art. 6 of the Company's Bylaws For Did Not Management Vote 4 Approve Amount in the Reserve Fund to Be For Did Not Management Met With the Extraordinary Reserve Fund Vote 5 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- FORD OTOMOTIV SANAYI(FORMERLY OTOSAN OTOMOBIL) Ticker: Security ID: TRAOTOSN91H6 Meeting Date: DEC 21, 2005 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Open Meeting and Election of Presiding For Did Not Management Committee Vote 2 Approve Aggregate Dividends in the Amount For Did Not Management of PKR 80.7 Million Charged to Vote Extraordinary Reserves 3 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote - -------------------------------------------------------------------------------- GALATASARAY SPORTIF SINAI VETICARI YATIRIMLAR A.S. Ticker: Security ID: TRAGSRAY91X9 Meeting Date: NOV 25, 2005 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Accept Financial Statements For Did Not Management Vote 5 Approve Allocation of Income For Did Not Management Vote 6 Approve Discharge of Board and Internal For Did Not Management Auditors Vote 7 Elect Directors For Did Not Management Vote 8 Elect Internal Auditors For Did Not Management Vote 9 Ratify Independent Internal Auditors For Did Not Management Vote 10 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 11 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- GIMA GIDA Ticker: Security ID: TRAGIMAW92J2 Meeting Date: MAY 10, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 5 Accept Financial Statements For Did Not Management Vote 6 Approve Allocation of Income For Did Not Management Vote 7 Approve Directors Appointed During the For Did Not Management Year Vote 8 Approve Internal Auditors Appointed For Did Not Management During the Year Vote 9 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 10 Elect Directors For Did Not Management Vote 11 Elect Internal Auditors For Did Not Management Vote 12 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 13 Ratify Independent External Auditors For Did Not Management Vote 14 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose - -------------------------------------------------------------------------------- HACI OMER SABANCI HOLDING A.S Ticker: Security ID: TRASAHOL91Q5 Meeting Date: MAY 12, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Financial Statements and Statutory For Did Not Management Reports Vote 4 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 5 Approve Allocation of Income For Did Not Management Vote 6 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 7 Approve Directors Appointed During the For Did Not Management Year Vote 8 Elect Internal Auditors, and Determine For Did Not Management Their Terms of Office and Remuneration Vote 9 Ratify Independent External Auditors For Did Not Management Vote 10 Authorize Repurchase of Founders and For Did Not Management Usufruct Shares Vote 11 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose - -------------------------------------------------------------------------------- HACI OMER SABANCI HOLDING A.S Ticker: Security ID: TRASAHOL91Q5 Meeting Date: MAY 12, 2006 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Increase Authorized and Issued Capital For Did Not Management Vote 4 Cancel Provisional Article 1 For Did Not Management Vote 5 Cancel Provisional Article 13 For Did Not Management Vote 6 Amend Articles Re: New Dividend Policy For Did Not Management Vote - -------------------------------------------------------------------------------- HURRIYET GAZETE Ticker: Security ID: TRAHURGZ91D9 Meeting Date: MAY 1, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Amend Articles of the Bylaws For Did Not Management Vote 4 Accept Financial Statements and Statutory For Did Not Management Reports Vote 5 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 6 Approve Allocation of Income For Did Not Management Vote 7 Elect Directors For Fiscal Year 2006 For Did Not Management Vote 8 Elect Internal Auditors For Fiscal Year For Did Not Management 2006 Vote 9 Approve Remuneration of Directors and For Did Not Management Internal Auditors for Fiscal Year 2006 Vote 10 Ratify Independent External Auditors For Did Not Management Vote 11 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 12 Approve Issuance of Different Securities For Did Not Management Vote 13 Approve Allocation of Bonus Dividend For Did Not Management Vote 14 Amend Articles Re: New Dividend Policy For Did Not Management Vote 15 Approve Donations Made in Financial Year For Did Not Management 2005 Vote - -------------------------------------------------------------------------------- RAY SIGORTA Ticker: Security ID: TRARAYSG91O8 Meeting Date: APR 5, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Ratify Directors Appointed During the For Did Not Management Year Vote 4 Accept Financial Statements and Statutory For Did Not Management Reports Vote 5 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 6 Approve Discharge of Board For Did Not Management Vote 7 Approve Discharge of Internal Auditors For Did Not Management Vote 8 Approve Allocation of Income For Did Not Management Vote 9 Approve Treatment of Earlier Years' For Did Not Management Losses Vote 10 Ratify Independent External Auditors For Did Not Management Vote 11 Approve Remuneration of Directors For Did Not Management Vote 12 Approve Remuneration of Internal Auditors For Did Not Management Vote 13 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 14 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- TAT KONSERVE Ticker: Security ID: TRATATKS91A5 Meeting Date: APR 11, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Accept Financial Statements and Statutory For Did Not Management Reports Vote 3 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 4 Fix Number of and Elect Directors, and For Did Not Management Determine Their Terms of Office Vote 5 Elect Internal Auditors For Did Not Management Vote 6 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 7 Amend Articles 8 of the Company's Bylaw For Did Not Management Vote 8 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 9 Ratify Independent External Auditors For Did Not Management Vote 10 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 11 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- TURK HAVA YOLLARI Ticker: Security ID: TRATHYAO91M5 Meeting Date: JUL 4, 2005 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Ratify Inpact Int. / Can Uluslararasi For Did Not Management Denetim A.S. as Independent External Vote Auditors 3 Accept Revised Financial Statements For Did Not Management Prepared in Accordance with UFRS Vote 4 Approve Allocation of Additional Income For Did Not Management Arising from UFRS Accounting to Previous Vote Years' Losses 5 Approve Undertaking of Legal Proceedings For Did Not Management in Accordance with Article 341 of Turkish Vote Commerical Code 6 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- TURKIYE GARANTI BANKASI Ticker: Security ID: TRAGARAN91N1 Meeting Date: APR 5, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Approve Financial Statements and For Did Not Management Allocation of Income Vote 5 Ratify Directors Appointed During the For Did Not Management Year Vote 6 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 7 Elect Directors and Internal Auditiors For Did Not Management Vote 8 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 9 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 10 Ratify Independent External Auditors For Did Not Management Vote 11 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose - -------------------------------------------------------------------------------- TURKIYE GARANTI BANKASI Ticker: Security ID: TRAGARAN91N1 Meeting Date: SEP 26, 2005 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Open Meeting and Elect Presiding Council For Did Not Management of Meeting Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Approve Transfer Agreement Re: Transfer For Did Not Management of Ana Konut Danismanlik to Garanti Bank, Vote of All of its Rights, Receivables, Obligations and Liabilities 4 Ratify Ana Konut Danismanlik's Financial For Did Not Management Statements and Statutory Reports Vote 5 Amend Bylaws Re: Increase in the Size of For Did Not Management the Board from the Current Eight Members Vote to Nine Members - -------------------------------------------------------------------------------- TURKIYE IS BANKASI AS Ticker: Security ID: TRAISCTR91N2 Meeting Date: MAR 31, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting and For Did Not Management Authorize Council to Sign Minutes of Vote Meeting 2 Accept Board and Statutory Reports For Did Not Management Vote 3 Accept Financial Statements and Approve For Did Not Management Discharge of Directors and Internal Vote Auditors 4 Approve Allocation of Income For Did Not Management Vote 5 Amend Articles Re: Adaptation of Articles For Did Not Management of Incorporation for NTL and Change in Vote Par Value 6 Approve Remuneration of Directors For Did Not Management Vote 7 Elect Internal Auditors For Did Not Management Vote 8 Approve Remuneration of Auditors For Did Not Management Vote - -------------------------------------------------------------------------------- TURKIYE VAKIFLAR BANKASI TAO Ticker: Security ID: TREVKFB00019 Meeting Date: JUN 26, 2006 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Open Meeting and Elect Presiding Council None Did Not Management of Meeting Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Approve Legal Action Against Former For Did Not Management Managers Vote 4 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 5 Ratify Independent External Auditors For Did Not Management Vote 6 Close Meeting None Did Not Management Vote - -------------------------------------------------------------------------------- TURKIYE VAKIFLAR BANKASI TAO Ticker: Security ID: TREVKFB00019 Meeting Date: MAR 31, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Approve Financial Statements For Did Not Management Vote 5 Approve Discharge of Directors and For Did Not Management Internal Auditors Vote 6 Approve Allocation of Income For Did Not Management Vote 7 Amend Articles Re: Dividend Policy as of For Did Not Management Fiscal Year 2006 Vote 8 Amend Articles 7, 8, and 11 of Bylaws For Did Not Management Vote 9 Accept Decision on Human Resources For Did Not Management Management Vote 10 Accept Decision on Ethical Guidelines For Did Not Management Vote 11 Elect Directors For Did Not Management Vote 12 Elect Internal Auditors For Did Not Management Vote 13 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 14 Wishes None Did Not Management Vote 15 Close Meeting None Did Not Management Vote - -------------------------------------------------------------------------------- TURKIYE VAKIFLAR BANKASI TAO Ticker: Security ID: TREVKFB00019 Meeting Date: MAY 8, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Amend Articles of Association For Did Not Management Vote 4 Close Meeting None Did Not Management Vote 5 Elect Presiding Council of Meeting For Did Not Management Vote 6 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 7 Amend Articles of Association For Did Not Management Vote 8 Close Meeting None Did Not Management Vote 9 Elect Presiding Council of Meeting For Did Not Management Vote 10 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 11 Amend Articles of Association For Did Not Management Vote 12 Close Meeting None Did Not Management Vote - -------------------------------------------------------------------------------- UZEL MAKINA SANAYI Ticker: Security ID: TRAUZELW91H7 Meeting Date: MAY 23, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Accept Financial Statements For Did Not Management Vote 5 Approve Allocation of Income For Did Not Management Vote 6 Approve Ibrahim Aksoy as Director For Did Not Management Vote 7 Discharge and Elect Directors For Did Not Management Vote 8 Discharge and Elect Internal Auditors For Did Not Management Vote 9 Approve Remuneration of Directors and For Did Not Management Internal Auditors Vote 10 Authorize Board Members With Respect to For Did Not Management Article 26 of Articles of Association Re: Vote Power and Authorities of General Assembly of Shareholders 11 Approve Spin Off Agreement with Uzel For Did Not Management Otomotiv Sistemleri A.S. Vote 12 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose . 13 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 14 Ratify Independent External Auditors For Did Not Management Vote 15 Wishes None Did Not Management Vote 16 Close Meeting None Did Not Management Vote - -------------------------------------------------------------------------------- YAPI KREDI KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S Ticker: Security ID: TRAYKGYO91Q7 Meeting Date: MAR 10, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Board and Statutory Reports For Did Not Management Vote 4 Accept Financial Statements For Did Not Management Vote 5 Company Specific: Announcement of Real For Did Not Management Estate Associations required by the CMB Vote 6 Approve Discharge of Board and Internal For Did Not Management Auditors Vote 7 Elect Directors and Auditors For Did Not Management Vote 8 Approve Remuneration and Attendance Fees For Did Not Management of Directors and Auditors Vote 9 Ratify Independent External Auditors For Did Not Management Vote - -------------------------------------------------------------------------------- YAPI KREDI KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S Ticker: Security ID: TRAYKGYO91Q7 Meeting Date: OCT 14, 2005 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Open Meeting None Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Directors and Auditors' Report For Did Not Management Vote 4 Approve Discharge of Board and Internal For Did Not Management Auditors Vote 5 Elect Directors and Auditors For Did Not Management Vote 6 Approve Remuneration and Attendance Fees For Did Not Management of Directors and Auditors Vote 7 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- YAPI VE KREDI BANKASI AS Ticker: Security ID: TRAYKBNK91N6 Meeting Date: JUN 29, 2006 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Open Meeting; Elect Presiding Council of None Did Not Management Meeting Vote 2 Receive Financial Statements and For Did Not Management Statutory Reports Pertaining to Merger Vote with Kocbank A.S. 3 Approve Merger Agreement with Kocbank For Did Not Management A.S. Vote 4 Close Meeting None Did Not Management Vote - -------------------------------------------------------------------------------- YAPI VE KREDI BANKASI AS Ticker: Security ID: TRAYKBNK91N6 Meeting Date: MAR 31, 2006 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Approve Discount on Debt Receivables with For Did Not Management Cukurova Holding A.S. Vote 4 Approve Disposal of Certain Real Estates For Did Not Management According to Agreement with Cukurova Vote Holding A.S. 5 Approve Discount on Option Contract to For Did Not Management the Extent of Turkcell According to Vote Agreement with Cukurova Holding A.S. 6 Approve Agreement on Option Contract to For Did Not Management the Extent of Business Activities Not Vote Relating to Banking with Cukurova Holding A.S. 7 Approve Agreement on Commerce and For Did Not Management Disposal of Fintur, Super Online, and Vote Digiturk with Cukurova Holding A.S. 8 Approve Advertisement Agreement with Beko For Did Not Management Ticaret A.S. and Cukurova Grubu Medya Vote Sirketleri 9 Approve Supplemental Agreement with Super For Did Not Management Online Vote 10 Accept Financial Statements and Statutory For Did Not Management Reports Vote 11 Approve Allocation of Income For Did Not Management Vote 12 Approve Treatment of Earlier Years' For Did Not Management Losses Vote 13 Approve Discharge of Board For Did Not Management Vote 14 Approve Discharge of Internal Auditors For Did Not Management Vote 15 Approve Remuneration of Directors For Did Not Management Vote 16 Approve Remuneration of Internal Auditors For Did Not Management Vote 17 Elect Directors and Determine Their Terms For Did Not Management of Office Vote 18 Elect Internal Auditors and Determine For Did Not Management Their Terms of Office Vote 19 Increase Authorized Capital from TRY 752 For Did Not Management Million to TRY 1,897 Million, and Amend Vote Article 8 and Include Provisional Article Accordingly 20 Approve Donations Made in Financial Year For Did Not Management 2005 Vote 21 Ratify Independent External Auditors For Did Not Management Vote 22 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 23 Wishes None Did Not Management Vote - -------------------------------------------------------------------------------- YAPI VE KREDI BANKASI AS Ticker: Security ID: TRAYKBNK91N6 Meeting Date: SEP 28, 2005 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Presiding Council of Meeting For Did Not Management Vote 2 Authorize Presiding Council to Sign For Did Not Management Minutes of Meeting Vote 3 Accept Financial Statements and Statutory For Did Not Management Reports for Period Ended 7-31-05 Vote 4 Fix Number of and Elect Board Members For Did Not Management Vote 5 Approve Remuneration of Directors For Did Not Management Vote 6 Elect Auditors For Did Not Management Vote 7 Fix Their Remuneration Auditors For Did Not Management Vote 8 Grant Permission for Board Members to For Did Not Management Engage in Commercial Transactions with Vote Company and Be Involved with Companies with Similar Corporate Purpose 9 Wishes None Did Not Management Vote ========== END NPX REPORT 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. (Registrant): The Turkish Investment Fund, Inc. ------------------------------------------------------------------ By (Signature and Title): /s/ Ronald E. Robison President and Principal Executive Officer - Office of the Funds --------------------------------------------------------------- Date August 28, 2006 --------------------------------------------------------------------------- 2
