Wanger Advisors Trust NPX Annual report of proxy voting record

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FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-8748

Wanger Advisors Trust
(Exact name of registrant as specified in charter)

One Financial Center, Boston, Massachusetts			02111
(Address of principal executive offices)			(Zip code)

Vincent Pietropaolo, Esq.

Columbia Management Group, Inc.

One Financial Center Boston, MA 02111
(Name and address of agent for service)

Registrant’s telephone number, including area code:		1-617-772-3698

Date of fiscal year end:	12/31/04

Date of reporting period:	7/1/2003 - 6/30/2004

Item 1. Proxy Voting Record.

Disclose the following information for each matter relating to a portfolio security considered at any shareholder meeting held during the period covered by the report and with respect to which the registrant was entitled to vote:

(a)	The name of the issuer of the portfolio security;

(b)	The exchange ticker symbol of the portfolio security;

(c)	The Council on Uniform Securities Identification Procedures (“CUSIP”) number for the portfolio security;

(d)	The shareholder meeting date;

(e)	A brief identification of the matter voted on;

(f)	Whether the matter was proposed by the issuer or by a security holder;

(g)	Whether the registrant cast its vote on the matter;

(h)	How the registrant cast its vote (e.g., for or against proposal, or abstain; for or withhold regarding election of directors); and

(i)	Whether the registrant cast its vote for or against management.

FORM N-Px REPORT

ICA File Number: 811-08748

Reporting Period: 07/01/2003 - 06/30/2004

Wanger Advisors Trust

WANGER INTERNATIONAL SELECT

ANGLO-IRISH BANK CORP PLC SHS

Ticker:	IE; ANB	Security ID:	IE0001987894
Meeting Date:	JAN 23, 2004	Meeting Type:	Annual
Record Date:	DEC 26, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve to adopt the reports and accounts	For	For	Management
2	Declare a dividend	For	For	Management
3a	Re-elect Mr. Tiarnan O. Mahoney as a Director	For	For	Management
3b	Re-elect Mr. John Rowan as a Director	For	For	Management
3c	Re-elect Mr. Patrick Wright as a Director	For	For	Management
3d	Re-elect Mr. Patricia Jamal as a Director	For	For	Management
4	Authorize the Directors to fix the remuneration of the Auditors	For	For	Management
5	Grant authority for the share buy-backs and the re-issue price for treasury shares	For	For	Management
6	Authorize the Directors to disapply pre-emption rights	For	For	Management
7	Approve to determine the aggregate remuneration of the Non-Executive Directors in accordance with Article 78 of the Articles of Association	For	For	Management

AUTOGRILL SPA, NOVARA AZ.

Ticker:	IT;AGL	Security ID:	IT0001137345
Meeting Date:	APR 27, 2004	Meeting Type:	Mixed
Record Date:	APR 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
E.1	Amend some articles of the By-laws in order to cope with the new provisions set out by the Legislative Decree 17 JAN 2003 No. 6	None	Did Not Vote	Management
O.1	Approve the balance sheet report as of 31 DEC 2003 and the resolutions relatedthereto, the consolidate balance sheet report as of 31 DEC 2003	FOR	FOR	Management
O.2	Appoint the Directors for the year 2004 with possibility to increase their maximum number	FOR	FOR	Management
O.3	Approve the meeting regulations	FOR	FOR	Management

BG GROUP PLC. SHS

Ticker:	GB;BGO	Security ID:	GB0008762899
Meeting Date:	MAY 21, 2004	Meeting Type:	Annual
Record Date:	APR 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the accounts and reports of the Directors and the Auditors for the YE 31 DEC 2003	FOR	FOR	Management
2	Approve the remuneration report for the YE 31 DEC 2003	FOR	FOR	Management
3	Declare a final dividend in respect of the YE 31 DEC 2003 of 1.86 pence per ordinary share payable on 28 MAY 2004 to the holders of ordinary shares on the register on 16 APR 2003	FOR	FOR	Management
4	Re-elect Mr. Peter Backhouse as a Director of the Company	FOR	FOR	Management
5	Re-elect Mr. Paul Collins as a Director of the Company	FOR	FOR	Management
6	Re-elect Mr. William Friedrich as a Director of the Company	FOR	FOR	Management
7	Re-elect Mr. Lord Sharman as a Director of the Company	FOR	FOR	Management
8	Re-elect Mr. Keith Mackrell as a Director of the Company	FOR	FOR	Management
9	Re-appoint PricewaterhouseCoopers LLP as the Auditors of the Company until the conclusion of the next general meeting at which accounts are laid before theCompany	FOR	FOR	Management
10	Authorize the Audit Committee to determine the remuneration of the Auditors	FOR	FOR	Management
11	Authorize the Company and its subsidiary BG International Limited, in accordance with Part XA of the Companies Act 1985 the Act , to: a) make donations to EU political organizations not exceeding GBP 25,000 in total; and b) incur EU political expenditure	FOR	FOR	Management
12	Authorize the Directors to amend: BG Group Company Share Option Scheme, BG Group Sharesave Scheme, the trust deed, BG Group New Long Term Incentive Scheme and BG Group Share Incentive Plan	FOR	FOR	Management
13	Approve to renew the authority conferred on the Directors by Article 12.2 of the Company s Articles of Association and for this purpose the Section 80 amount be GBP 117, 730, 026; Authority expires earlier on the date of the AGM of theCompany in 2005	FOR	FOR	Management
S.14	Authorize the Directors to allot equity securities, disapplying the statutory pre-emption rights, up to an aggregate nominal amount of GBP 17,659,504	FOR	FOR	Management
S.15	Authorize the Company, to make market purchases Section 163 (3) of the Companies Act 1985 of ordinary shares of 10 pence each of the Company	FOR	FOR	Management

BRITISH SKY BROADCASTING SHS

Ticker:	GB;BSY	Security ID:	GB0001411924
Meeting Date:	NOV 4, 2003	Meeting Type:	Annual
Record Date:	OCT 16, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and adopt the financial statements for the YE 30 JUN 2003, together with the report of the Directors and the Auditors thereon	For	For	Management
2	Elect Mr. Lord Wilson of Dinton as a Director	For	For	Management
3	Elect Mr. James Murdoch as a Director	For	For	Management
4	Elect Mr. Chase Carey as a Director	For	For	Management
5	Re-appoint Mr. David Evans as a Director	For	For	Management
6	Re-appoint Mr. Lord St. John of Fawsky as a Director	For	For	Management
7	Re-appoint Mr. Martin Stewart as a Director	For	For	Management
8	Re-appoint Deloitte & Touche LLP as the Auditors and authorize the Directors to agree their remuneration	For	For	Management
9	Receive the remuneration report of the Directors for the YE 30 JUN 2003	For	For	Management
10	Authorize the Company to make donations to EU political organization and to incur EU political expenditure up to a maximum aggregate amount	For	Abstain	Management
11	Authorize the Directors to allot relevant securities up to an aggregate nominal amount	For	For	Management
12	Authorize the Directors to allot shares for cash on non pre-emptive basis up to a maximum nominal value of GBP 48,000,000 5% of the nominal issued ordinary share capital of the Company as at 09 SEP 2003	For	For	Management
13	Authorize the Directors to reduce the Company’s share premium account	For	For	Management

BURBERRY GROUP PLC SHS

Ticker:	GB;BRBY	Security ID:	GB0031743007
Meeting Date:	JUL 15, 2003	Meeting Type:	Annual
Record Date:	JUL 7, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the Company’s accounts for the YE 31 MAR 2003 and the reports of the Directors and the Auditors thereon	For	For	Management
2	Approve the Directors remuneration report for the YE 31 MAR 2003	For	For	Management
3	Declare a final dividend of 2p per ordinary share	For	For	Management
4	Elect Mrs. C.A. Marland as a Director of the Company	For	For	Management
5	Re-elect Mr. M.E. Metcalf as a Director of the Company	For	For	Management
6	Re-elect Mr. D.A. Tyler as a Director of the Company	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as the Auditors of the Company, until the conclusion of the next general meeting at which accounts are laid before the Company	For	For	Management
8	Authorize the Board to determine the Auditors’ remuneration	For	For	Management
9	Authorize the Company to make donations to EU political organizations and to incur political expenditure in an aggregate amount not exceeding GBP 25,000 during the period ending on the date of the Company’s AGM in 2004	For	For	Management
10	Authorize the Burberry Limited to make donations to EU political organizations and to incur political expenditure in an aggregate amount not exceeding GBP 25,000 during the period ending on the date of the Company’s AGM in 2004	For	For	Management
S11	Authorize the Company to repurchase company shares	For	For	Management
12	Approve to renew the authority to allot the Company’s shares, conferred on the Directors	For	For	Management
S13	Approve, subject to the passing of Resolution 12, to renew the power conferred on the Directors pursuant to Paragraph 10.3 (b) of Article 10 of the Companys Articles of Association for the period referred to in that resolution	Against	Against	Management
S14	Approve to renew the power conferred on the Directors.	Against	Against	Management

CIE GENERALE DOPTIQUE ESSILOR ACT.

Ticker:	FR;EF	Security ID:	FR0000121667
Meeting Date:	MAY 14, 2004	Meeting Type:	Ordinary
Record Date:	MAY 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the Board of Directors report and the General Auditors report	For	For	Management
2	Approve the appropriation of the profits and a dividend of EUR 0.56 with a corresponding tax credit of EUR 0.28, payable date 18 may 2004 in accordance with the provisions of the law	For	For	Management
3	Approve the Special Auditors report in accordance with the provisions of Article L.225-38 of the Commercial Law	For	For	Management
4	Approve to renew the term of office of Mr. Xavier Fontanet as a Director for a period of 3 years	For	For	Management
5	Approve Mr. Louis Lesperance as a Director in replacement of Mr. Robert Colucci for a period of 3 years	For	For	Management
6	Approve Mr. Jean-Pierre Martin as a Director in replacement of Mr. Alain-Claude Mathieu for a period of 1 year	For	For	Management
7	Approve Mr. Yves Chevillotte as a Director in replacement of Mr. Rene Thomas for a period of 3 years	For	For	Management
8	Approve to set an amount of EUR 165,000.00 to be allocated to the Board of Directors as attendance fees	For	For	Management
9	Authorizes the Board of Directors to trade the company’s shares of 10% on the stock exchange at a maximum purchase price of EUR 70.00 and at a minimum selling price of EUR 30.00	For	For	Management
10	Grants all powers to the bearer of a copy or an extract of the minutes of the present in order to accomplish all deposits and publications which are prescribed by law	For	For	Management

COBHAM PLC. SHS

Ticker:	GB;COB	Security ID:	GB0003430062
Meeting Date:	JUN 16, 2004	Meeting Type:	Annual
Record Date:	APR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the reports of the Directors and the Auditors and the audited financial statements	FOR	FOR	Management
2	Approve the Directors’ remuneration report	FOR	FOR	Management
3	Declare a final ordinary dividend	FOR	FOR	Management
4	Re-appoint Mr. A.E Cook as a Director	FOR	FOR	Management
5	Re-appoint Mr. G.C Cooper as a Director	FOR	FOR	Management
6	Re-appoint Mr. W.G Tucker as a Director	FOR	FOR	Management
7	Re-appoint Mr. A.J Stevens as a Director	FOR	FOR	Management
8	Re-appoint Mr. M. Beresford as a Director	FOR	FOR	Management
9	Re-appoint PricewaterhouseCoopers LLP as the Auditors of the Company to hold office until the conclusion of the next general meeting at which accounts are laid before the Company and that their remuneration be determined by the Directors	FOR	FOR	Management
10	Approve a summary of the principal terms and authorize, the Directors to make such modifications to establish such schedules to the Scheme in relation to employees in jurisdictions outside the UK.	FOR	FOR	Management
11	Approve a summary of the principal terms and authorize, the Directors to make such modifications to establish such schedules to the Scheme in relation to employees in jurisdictions outside the UK.	FOR	FOR	Management
12	Approve the fee paid to the each Directors for his services up to GBP 25,000 per annum under the Article 94 be increased to up to GBP 35,000 per annum	FOR	FOR	Management
13	Authorize the Directors to allot relevant securities up to an aggregate amount of GBP 9,156,161	FOR	FOR	Management
S.14	Authorize the Directors to allot equity securities limited to the allotment a) in connection with rights issue, open offer or other offers in favor of ordinary shareholders; and b) up to an aggregate nominal amount of GBP 1,391,191.	FOR	FOR	Management

COMPASS GROUP PLC SHS

Ticker:	GB;CPG	Security ID:	GB0005331532
Meeting Date:	FEB 16, 2004	Meeting Type:	Annual
Record Date:	JAN 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve adopt the financial statements of the Company for the FYE30 SEP 2003 and the reports of the Directors and the Auditors	For	For	Management
2	Approve the Remuneration Committee’s report for the FYE 30 SEP 2003	For	For	Management
3	Declare a final dividend on the Company’s ordinary shares for the FYE 30 SEP 2003	For	For	Management
4	Re-elect Mr. Michael Bailey as a Director	For	For	Management
5	Re-elect Mr. Denis P. Cassidy as a Director	For	For	Management
6	Re-elect Sir Francis H. Mackay as a Director	For	For	Management
7	Re-appoint Deloitte & Touche LLP as the Auditors	For	For	Management
8	Authorize the Directors to determine the Auditors remuneration	For	For	Management
9	Authorize the Company and any Company which is or becomes a subsidiary of the Company during the period to which this resolution relates, to make donations to EU political organization and to incur EU political expenditure up to GBP 125,000	For	For	Management
10	Approve to amend the rules of the Compass Group UK Saving-Related Share Option Scheme, the Compass Group Share Option Scheme Plan, the Compass Group Management Share Option Plan and the Compass Group Long-Term Incentive Plan.	For	For	Management
11	Authorize the Directors to allot equity securities without pre-emption rights up to an aggregate nominal amount of GBP 10.8 million.	For	For	Management
12	Authorize the Directors to repurchase of up to 10% of the Company’s issued ordinary shares.	For	For	Management

DAITO TRUST CONSTRUCTION SHS

Ticker:	JP;1878	Security ID:	JP3486800000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 30, Final JY 33, Special JY 0	For	Did Not Vote	Management
2	Authorize Share Repurchase Program	For	Did Not Vote	Management
3	Amend Articles to: Amend Articles to: Decrease Authorized Capital to Reflect Share Repurchase - Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’ Legal Liability	For	Did Not Vote	Management
4	Elect Director	For	Did Not Vote	Management
5.1	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
5.2	Appoint Internal Statutory Advisor	For	Did Not Vote	Management
6	Approve Retirement Bonuses for Director and Statutory Auditor	For	Did Not Vote	Management
7	Approve Executive Stock Option Plan	For	Did Not Vote	Management
8	Approve Amendment to Stock Option Plan Approved at 2001 AGM	For	Did Not Vote	Management

DEPFA BANK PLC, DUBLIN SHS

Ticker:	DE;DEPF	Security ID:	IE0072559994
Meeting Date:	APR 26, 2004	Meeting Type:	Annual
Record Date:	APR 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Received the financial statements and annual report for the FY 2003	For	Did Not Vote	Management
2	Approve the payment of a final dividend on the ordinary shares	For	Did Not Vote	Management
3	Elect the Board of Directors	For	Did Not Vote	Management
4	Authorize Board of Directors to determine the remuneration on for the Auditors	For	Did Not Vote	Management
5	Approve to replace 10-for-1 stock split, each ordinary EUR 3 share by 10 ordinary EUR 0.30 shares	For	Did Not Vote	Management
6	Approve to increase the authorized capital from EUR 130,000,002 to EUR 130,100,002	For	Did Not Vote	Management

DEUTSCHE BOERSE AG, FRANK NAMENS-AKT.

Ticker:	DE;DB1	Security ID:	DE0005810055
Meeting Date:	MAY 19, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the financial statements and the annual report for the 2003 FY with the report of the Supervisory Board, the Group financial statements and group annual report, and the proposal on the appropriation of the distributable profit	FOR	FOR	Management
2	Approve the appropriation of the distributable profit of EUR 135,000,000 as follows: Payment of a dividend of EUR 0.55 per no-par share EUR 73,508,416 shall allocated to the other revenue reserves Ex-dividend and payable date: 21 MAY 2004	FOR	FOR	Management
3	Ratify the acts of the Board of Managing Directors	FOR	FOR	Management
4	Ratify the acts of the Supervisory Board	FOR	FOR	Management
5	Elect the Supervisory Board	FOR	FOR	Management
6	Authorize the Board of Managing Director to acquire shares of the company up to 10% of the share capital and the shares may be used for acquisition purposes for the issue of employee shares or within the scope of the Company’s Stock Option Plan.	FOR	FOR	Management
7	Approve the profit transfer agreement with the Companys wholly-owned subsidiary Deutsche Boerse IT Holding GmbH	FOR	FOR	Management
8	Appoint the Auditors for the 2004 FY KPMG, Berlin and Frankfurt	FOR	FOR	Management

ESPRIT HOLDINGS LTD SHS

Ticker:	HK;0330	Security ID:	BMG3122U1291
Meeting Date:	NOV 26, 2003	Meeting Type:	Annual
Record Date:	NOV 21, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve the audited consolidated financial statements and the reports of the Directors and of the Auditors of the Group for the YE 30 JUN 2003	For	For	Management
2	Declare a final dividend for the YE 30 JUN 2003	For	For	Management
3	Declare a special dividend for the YE 30 JUN 2003	For	For	Management
4	Re-elect the Directors	For	For	Management
5	Re-appoint the Auditors and authorize the Board of Directors to fix their remuneration	For	For	Management
6	Authorize the Directors of the Company to purchase shares in the capital of the Company, not exceeding 10% of the aggregate nominal amount of the issued share capital.	For	For	Management
7	Authorize the Directors to allot, issue and deal with additional shares and make or grant offers, agreements and options, not exceeding the aggregate of 20% of the aggregate nominal amount of the issued share capital of the Company.	For	For	Management
8	Approve to extend the general mandate of Resolution 7, by the aggregate nominal amount of the share capital repurchased pursuant to Resolution 6 not to exceed 10% of the aggregate nominal amount of the issued share capital.	For	For	Management

EXEL PLC NEW SHS

Ticker:	GB;EXL	Security ID:	GB0004486881
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the audited accounts for the YE 31 DEC 2003 along with the reports of the Directors and the Auditors	FOR	FOR	Management
2	Approve the Directors remuneration report for the YE 31 DEC 2003	FOR	FOR	Management
3	Declare a final dividend of 16.8p per ordinary share	FOR	FOR	Management
4	Re-elect Mr. Dennis Millard as a Director	FOR	FOR	Management
5	Re-elect Mr. John McDonough as a Director	FOR	FOR	Management
6	Re-elect Mr. John Allan as a Director	FOR	FOR	Management
7	Re-elect Mr. Mick Fountain as a Director	FOR	FOR	Management
8	Re-elect Mr. Ian Smith as a Director	FOR	FOR	Management
9	Re-appoint Ernst & Young LLP as the Auditors of the Company and authorize the Board to agree their remuneration	FOR	FOR	Management
10	Authorize the Directors, in substitution for any existing authority, to allot relevant securities Section 80 of the Companies Act 1985 up to an aggregate nominal amount of GBP 23,831,000; Authority expires at the conclusion of the next AGM of the Company	FOR	FOR	Management
S.11	Authorize the Directors to allot equity securities Section 94 for cash	FOR	FOR	Management
S.12	Authorize the Company to make market purchases of ordinary shares in the capital of the Company	FOR	FOR	Management

FUNAI ELECTRIC CO LTD, OS SHS

Ticker:	JP;6839	Security ID:	JP3825850005
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 20, Special JY 0	For	For	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	Abstain	Management
3.2	Elect Director	For	Abstain	Management
3.3	Elect Director	For	Abstain	Management
3.4	Elect Director	For	Abstain	Management
3.5	Elect Director	For	Abstain	Management
3.6	Elect Director	For	Abstain	Management
3.7	Elect Director	For	Abstain	Management
4.1	Appoint Internal Statutory Auditor	For	Abstain	Management
4.2	Appoint Internal Statutory Auditor	For	Abstain	Management
4.3	Appoint Internal Statutory Auditor	For	Abstain	Management
4.4	Appoint Internal Statutory Auditor	For	Abstain	Management
5	Approve Executive Stock Option Plan	For	Abstain	Management
6	Approve Retirement Bonus for Director	For	Abstain	Management
7	Approve Retirement Bonuses for Statutory Auditors	For	Abstain	Management

GIVAUDAN SA, VERNIER ACT. NOM.

Ticker:	CH;GIV	Security ID:	CH0010645932
Meeting Date:	APR 16, 2004	Meeting Type:	Annual
Record Date:	MAR 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the annual report, the annual financial statements and the consolidated financial statements for the year 2003	For	Did Not Vote	Management
2	Discharge the Board of Directors	For	Did Not Vote	Management
3	Approve the appropriation of the retained earnings	For	Did Not Vote	Management
4	Approve the capital decrease	For	Did Not Vote	Management
5	Approve the authorized capital	For	Did Not Vote	Management
6	Elect the Board of Directors	For	Did Not Vote	Management
7	Elect the Auditors and the Group Auditors	For	Did Not Vote	Management

GIVAUDAN SA, VERNIER ACT.NOM.

Ticker:	CH;GIV	Security ID:	CH0010645932
Meeting Date:	APR 16, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the annual report, the annual financial statements and the consolidated financial statements for the year 2003	For	Did Not Vote	Management
2	Discharge the Board of Directors	For	Did Not Vote	Management
3	Approve the appropriation of the retained earnings	For	Did Not Vote	Management
4	Approve the capital decrease	For	Did Not Vote	Management
5	Approve the authorized capital	For	Did Not Vote	Management
6	Elect the Board of Directors	For	Did Not Vote	Management
7	Elect the Auditors and the Group Auditors	For	Did Not Vote	Management

GIVAUDAN SA, VERNIER ACT.NOM.

Ticker:	CH;GIV	Security ID:	CH0010645932
Meeting Date:	APR 16, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#		Proposal		Mgt Rec		Vote Cast		Sponsor
1		TO VOTE IN THE UPCOMING MEETING, YOUR NAME MUST BE NOTIFIED TO THE COMPANY REGISTRAR AS BENEFICIAL OWNER BEFORE THE RECORD DATE. PLEASE ADVISE US NOW IF YOU INTEND TO VOTE. A SECOND NOTIFICATION WILL BE ISSUED REQUESTING YOUR VOTING INSTRUCTIONS		For		Did Not Vote		Management

GRAFTON GROUP PLC. UNITS CONS OF 1 ORD SHS

Ticker:	IE;GFG.U	Security ID:	IE0031844511
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:	APR 12, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve the financial statements for the YE 31 DEC 2003	FOR	FOR	Management
2.A	Re-appoint Ms. Gillian Bowler as a Director of the Company	FOR	FOR	Management
2.B	Re-appoint Mr. Richard W. Jewson as a Director of the Company	FOR	FOR	Management
3	Authorize the Directors to fix the remuneration of the Auditors	FOR	FOR	Management
4	Authorize the Directors to allot shares	FOR	FOR	Management
5	Authorize the Directors to allot shares otherwise than in accordance with statutory pre-emption rights	FOR	FOR	Management
6	Grant authority to market purchase of the Company’s own shares	FOR	FOR	Management
7	Approve to determine the price range for the reissue of treasury shares off market	FOR	FOR	Management
8	Approve to cancel the Company’s redeemable shares	FOR	FOR	Management
9	Declare a dividend of 0.125 cent for ordinary share	FOR	FOR	Management
10	Approve to increase the Company’s authorized share capital by creating A ordinary shares	FOR	FOR	Management
11	Approve the proposed contingent purchase contract relating to A ordinary shares	FOR	FOR	Management
12	Amend the Company’s Articles of Association	FOR	FOR	Management

HIT ENTERTAINMENT PLC SHS

Ticker:	GB;THE	Security ID:	GB0009353409
Meeting Date:	DEC 3, 2003	Meeting Type:	Annual
Record Date:	NOV 14, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the Company’s annual accounts for the YE 31 JUL 2003, together with the Directors’ report and the Auditors’ report on those accounts	For	For	Management
2	Declare a final dividend for the YE 31 JUL 2003 of 0.322p per ordinary share	For	For	Management
3	Re-appoint Mr. Nigel Birrell as a Director of the Company	For	For	Management
4	Re-appoint Mr. Michael Luckwell as a Director of the Company	For	For	Management
5	Re-appoint PricewaterhouseCoopers LLP as the Auditors to hold Office until the conclusion of the next AGM of the Company at which the accounts are laid	For	For	Management
6	Authorize the Directors of the Company to determine the remuneration of the Auditors	For	For	Management
7	Approve the Directors remuneration report for the YE 31 JUL 2003	For	For	Management
8	Authorize the Directors, in accordance with Section 80 of the Companies Act 1985, to allot relevant securities Section 80(2) up to an aggregate nominal amount of GBP 996,779.	For	For	Management
9	Authorize the Directors to allot equity securities for cash, disapplying the statutory pre-emption rights Section up to an aggregate nominal amount of GBP 157,176.	For	For	Management
10	Authorize the Company to make market purchases Section 163 of the Companies Act 1985 of ordinary shares of 2p each in the capital of the Company,up to 15,717,605 (representing 10% of the Company’s issued ordinary share capital).	For	For	Management
11	Adopt the new Articles of Association of the Company in substitution for all existing Articles of Association of the Company	For	For	Management

HIT ENTERTAINMENT PLC SHS

Ticker:	GB;THE	Security ID:	GB0009353409
Meeting Date:	OCT 16, 2003	Meeting Type:	Extraordinary
Record Date:	OCT 2, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve and adopt the Hit Entertainment PLC SHS Long-Term Incentive Plan 2003 Plan, and authorize the Directors to take all steps necessary to establish and carry the Plan into effect	For	For	Management
2	Approve to amend Rule 2.11 of the Hit Entertainment PLC SHS Approved Share Option Plan 2001, & Rule 2.10 of the HIT Entertainment Plc unapproved Share Option Plan 2001 rule 2.10 of the HIT Entertainment Plc Long Term Incentive Plan 2001.	For	For	Management

HOYA CORP SHS

Ticker:	JP;7741	Security ID:	JP3837800006
Meeting Date:	JUN 18, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion	FOR	FOR	Management
2.1	Elect Director	FOR	ABSTAIN	Management
2.2	Elect Director	FOR	ABSTAIN	Management
2.3	Elect Director	FOR	ABSTAIN	Management
2.4	Elect Director	FOR	ABSTAIN	Management
2.5	Elect Director	FOR	ABSTAIN	Management
2.6	Elect Director	FOR	ABSTAIN	Management
2.7	Elect Director	FOR	ABSTAIN	Management
2.8	Elect Director	FOR	ABSTAIN	Management
3	Approve Executive Stock Option Plan	FOR	ABSTAIN	Management

IMERYS ACT

Ticker:	FR;NK	Security ID:	FR0000120859
Meeting Date:	MAY 3, 2004	Meeting Type:	Mixed
Record Date:	APR 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
O.1	Receive the Executive Committee’s, Supervisory Board’s reports, and the General Auditors’ report, and approve the accounts and the balance sheet for the FY2003	FOR	FOR	Management
O.2	Acknowledge the consolidated accounts were presented, and that the Executive Committee’s and the Supervisory’s reports for the Group is included in these reports	FOR	FOR	Management
O.3	Approve the Special Auditors’ report, in accordance with the provisions of Articles L.225-86 to L.225-90 of the French Commercial Law	FOR	FOR	Management
O.4	Approve Allocation of Income and Dividends of EUR 7.50 per Share	FOR	FOR	Management
O.5	Approve to renew the term of office of Mr. Paul Desmarais, Jr. as a Member of the Supervisory Board for a period of 3 years	FOR	FOR	Management
O.6	Approve to renew the term of office of Mr. Jocelyn Lefebvre as a Member of the Supervisory Board for a period of 3 years	FOR	FOR	Management
O.7	Approve to renews the term of office of Mr. Eric Le Moyne De Serigny as a Member of the Supervisory Board for a period of 3 years	FOR	FOR	Management
O.8	Approve to renew the term of office of Mr. Yves-Rene Nanot as a Member of the Supervisory Board for a period of 3 years	FOR	FOR	Management
O.9	Approve to renew the term of office of Mr. Edouard De Rothschild as a Member of the Supervisory Board for a period of 3 years	FOR	FOR	Management
O.10	Approve to renew the terms of office up to the year 2010 of the Firms Ernst and Young Audit, Deloitte Touche Tohmatsu as the Company’s Statutory Auditors Mr. Jean-Marc Montserrat and the Firm Beas as the Company’s Deputy Auditors	FOR	FOR	Management
O.11	Approve the Imerys Actionnariat Salarie 2003 Plan, applicable in the United States, relative to the Company’s shares offer of sale; and authorize the Executive Committee to take all necessary measures and accomplish all necessary formalities	FOR	FOR	Management
O.12	Authorize Repurchase of Up to Ten Percent of Issued Share Capital	FOR	FOR	Management
O.13	Approve Four-for-One Stock Split	FOR	FOR	Management
E.14	Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 60 Million	FOR	FOR	Management
E.15	Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights	FOR	FOR	Management
E.16	Authorize the Executive Committee in order to increase the Company share capital on its sole decision by a maximum nominal amount of EUR 60,000,000.00	FOR	FOR	Management

JARDINE LLOYD THOMPSON GROUP PLC.

Ticker:	GB;JLT	Security ID:	GB0005203376
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:	APR 28, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the Directors report and the financial statements for the YE 31 DEC 2003	For	For	Management
2	Approve the final dividend of 12p net per ordinary share	For	For	Management
3	Re-elect Mr. K. A. Carter as a Director, who retires in accordance with the Company’s Articles of Association	For	For	Management
4	Re-elect Mr. S. L. Keswick as a Director, who retires in accordance with the Company’s Articles of Association	For	For	Management
5	Re-elect Mr. S. P. McGill as a Director, who retires in accordance with the Company’s Articles of Association	For	For	Management
6	Re-elect Mrs. V. Y. A. C. Wade as a Director, who retires in accordance with the Articles of Association	For	For	Management
7	Approve the remuneration report for the YE 31 DEC 2003	For	For	Management
8	Re-appoint PricewaterhouseCoopers LLP, Chartered Accountants and Registered Auditors, as the Auditors to the Company	For	For	Management
S.9	Authorize the Company, subject to the passing of Resolution 10 and for the purpose of Section 166 of the Companies Act 1985, to make market purchases Section 163(3) of up to 20,165,010 10% of the issued share capital ordinary shares of 5p each in the capi	For	For	Management
10	Approve the waiver of the Panel on Takeovers and Mergers of any obligation on Jardinc Matheson Holdings to make a general offer as a result of any increase in aggregate percentage shareholding following the purchase of up to 20,165,010 shares in the Compa	For	For	Management
11	Authorize the Directors to allot relevant securities up to an aggregate nominal amount of GBP 2,417,494.60	For	For	Management
S.12	Authorize the Directors to allot equity securities for cash pursuant to the authority conferred by Resolution 11, disapplying the statutory pre-emption rights Section 89(1) up to anaggregate nominal amount of GBP 504,125.25	For	For	Management
S.13	Amend the Articles of Association	For	For	Management
14	Amend the Rules of the Jardine Lloyd Thompson Group LTIP and authorize the Directors to: i) adopt the scheme and ii) to vote and be counted in the quorum on any matter connected with the scheme	For	For	Management
15	Approve the terms of the Employee Share Ownership Trust and authorize the Directors to: i) to adopt the trust and ii) to vote and be counted in the quorum on any matter connected with the trust	For	For	Management
16	Amend the Rules of the Jardine Lloyd Thompson Group Plc Executive Share Option Scheme	For	For	Management

KERRY GROUP PLC SHS -A-

Ticker:	IE;KYG.A	Security ID:	IE0004906560
Meeting Date:	MAY 25, 2004	Meeting Type:	Annual
Record Date:	MAY 6, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve the accounts for the YE 31 DEC 2003 and the Directors’ and the Auditors’ reports thereon	For	For	Management
2	Declare a final dividend as recommended by the Directors	For	For	Management
3.ai	Re-elect Mr. Denis Buckley as a Director, who retires in accordance with Article 102 of the Articles of Association of the Company	For	For	Management
3.aii	Re-elect Mr. Flor Healy as a Director, who retires in accordance with Article 102 of the Articles of Association of the Company	For	For	Management
3.aiii	Re-elect Mr. Timothy G. Horan as a Director, who retires in accordance with Article 102 of the Articles of Association of the Company	For	For	Management
3.aiv	Re-elect Mr. Desmond O’Connor as a Director, who retires in accordance with Article 102 of the Articles of Association of the Company	For	For	Management
3.a.v	Re-elect Mr. Michael J. Sullivan as a Director, who retires in accordance with Article 102 of the Articles of Association of the Company	For	For	Management
3.b.i	Re-elect Mr. Kevin Kelly as a Director, who retires by rotation in accordance with the Articles of Association of the Company	For	For	Management
3.bii	Re-elect Mr. Brian Mehigan as a Director, who retires by rotation in accordance with the Articles of Association of the Company	For	For	Management
4	Authorize the Directors to fix the remuneration of the Auditors	For	For	Management
5	Approve the Section 20 authority	For	For	Management
s.6	Approve the disapplication of Section 23	For	For	Management

KOMERCNI BANKA A.S. SHS

Ticker:	CZ;KOMB	Security ID:	CZ0008019106
Meeting Date:	JUN 17, 2004	Meeting Type:	Annual
Record Date:	JUN 10, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Opening formalities	FOR	Did Not Vote	Management
2	Opening formalities	FOR	Did Not Vote	Management
3	Approve the report of the Board of Directors of the business activities and the state of the property of the Company in 2003	FOR	Did Not Vote	Management
4	Approve the regular financial statements with the proposal for the distribution of profit for the year 2003, and of the consolidated financial statements for the year 2003	FOR	Did Not Vote	Management
5	Approve the position of the Supervisory Board on the events mentioned in the item NR.4 and the report by the Supervisory Board on the results of its Supervisory activity, it’s position no events mentioned in #4, and position of the Supervisory Board on th	FOR	Did Not Vote	Management
6	Approve the regular financial statements for the year 2003	FOR	Did Not Vote	Management
7	Approve the distribution of profit for the year 2003	FOR	Did Not Vote	Management
8	Approve the consolidated financial statements for the year 2003	FOR	Did Not Vote	Management
9	Approve the acquisition of own shares	FOR	Did Not Vote	Management
10	Approve the remuneration of the Members of the bodies’ of the Bank	FOR	Did Not Vote	Management
11	Amend the Articles of Association	FOR	Did Not Vote	Management

LI & FUNG LTD. SHS

Ticker:	HK;0494	Security ID:	BMG5485F1445
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:	MAY 4, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and adopt the audited consolidated accounts and the reports of the Directors and the Auditors for the YE 31 DEC 2003	FOR	FOR	Management
2	Declare a final dividend for the YE 31 DEC 2003	FOR	FOR	Management
3.1	Re-elect Mr. Danny Lau Sai Wing as an Executive Director	FOR	FOR	Management
3.2	Re-elect Mr. Annabella Leung Wai Ping as an Executive Director	FOR	FOR	Management
3.3	Re-elect Mr. Paul Edward Selway-Swift as an Independent Non-Executive Director	FOR	FOR	Management
4	Approve to fix the Directors’ fees at HKD 80,000 per annum and an additional amount of HKD 50,000 per annum payable to the Non-Executive Directors who serve on the Audit Committee	FOR	FOR	Management
5	Re-appoint PricewaterhouseCoopers as the Auditors and authorize the Directors to fix their remuneration	FOR	FOR	Management
6	Authorize the Directors of the Company to repurchase shares of the Company not exceeding 10% of the aggregate nominal amount of the issued share capital of the Company	FOR	FOR	Management
7	Authorize the Directors to allot shares, not exceeding 20% of the aggregate nominal amount of issued share capital plus the nominal amount of share capital repurchased up to 10%	FOR	FOR	Management
8	Authorize the Directors of the Company to exercise the powers of the Company referred to in Resolution 7 in respect of the share capital of the Company referred to in Resolution 7	FOR	FOR	Management
S9	Amend the Bye-laws of the Company by: amending Bye-law 1, 85, 109, 110(A), 115	FOR	FOR	Management

LION NATHAN LTD SHS

Ticker:	AU;LNN	Security ID:	AU000000LNN6
Meeting Date:	DEC 17, 2003	Meeting Type:	Annual
Record Date:	NOV 25, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve the financial report, the Directors report and the Auditors report of the Company for the YE 30 SEP 2003	For	For	Management
2a	Re-elect Mr. Naomichi Asano as a Director, who retires by rotation	For	For	Management
2b	Re-elect Mr. Gienn Lawrene Lord Barnes as a Director, who retires by rotation	For	For	Management
2c	Re-elect Mr. Hitoshi Oshima as a Director, who retires by rotation	For	For	Management
2d	Re-elect Mr. Yasuhiro Satoh as a Director, who retires by rotation	For	For	Management
2e	Re-elect Mr. Barbara Kay Ward as a Director, who retires by rotation	For	For	Management
3	Approve that a AUD 200,000 increase in the maximum amount of remuneration payable in aggregate to Non-Executive Directors to a maximum amount of AUD 900,000 per annum, commencing with effect from 01 JAN 2004, is approved	For	For	Management

MARCONI CORP PLC SHS

Ticker:	GB;MONI	Security ID:	GB0033354423
Meeting Date:	SEP 25, 2003	Meeting Type:	Annual
Record Date:	SEP 17, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the accounts and the reports of the Directors and the Auditors thereon, for the YE 31 MAR 2003	For	For	Management
2	Approve the Directors’ remuneration report for the YE 31 MAR 2003	For	For	Management
3	Re-appoint Mr. C.C. Holden as a Director of the Company	For	For	Management
4	Re-appoint Mr. C.J. Shaw as a Director of the Company	For	For	Management
5	Re-appoint Mr. J.J. White as a Director of the Company	For	For	Management
6	Re-appoint Deloitte & Touche LLP as the Auditors of the Company and authorize the Directors to determine their remuneration	For	For	Management
S7	Approve to change the name of the Company to M (2003) PLC	For	For	Management

NEOPOST SA, BAGNEUX ACT.

Ticker:	FR,NEO	Security ID:	FR0000120560
Meeting Date:	JUN 30, 2004	Meeting Type:	Mixed Meeting
Record Date:	MAY 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the accounts and the balance sheet for the FY 2003	For	For	Management
2	Approve the financial statements including net dividend per share EUR 1.25.	For	For	Management
3	Approve the consolidated accounts	For	For	Management
4	Approve the Special Report of the Auditors on regulated agreements	For	For	Management
5	Approve the attendance fees allocated to the Board for the current FY will amount to EUR 250,000.00	For	For	Management
6	Approve to renew the term of office for 3 years of Mr. Jean Paul Willot	For	For	Management
7	Approve to renew the term of office for 3 years of Mr. Michel Guillot	For	For	Management
8	Approve to renew the term of office for 3 years of Mr. Jacques Clay	For	For	Management
9	Appoint Peronnet Et Associes as the Statutory Auditor for 6 years	For	For	Management
10	Appoint Duvernois Et Associ as the Deputy Auditor Cabinet es for 6 years	For	For	Management
11	Authorize the Board to repurchase company sharesup to 10% of issued share capital.	For	For	Management
12	Authorize Issuance of Equity or Equity-linked seurities with Preemptive Rights up to aggregate Nominal Amount of EUR 7.5 Million	For	For	Management
13	Authorize Issuance of Equity or Equity-linked seurities without Preemptive Rights up to aggregate Nominal Amount of EUR 7.5 Million	For	For	Management
14	Authorize Capital Increase of Up to EUR 7.5 Million for Future Exchange Offers.	For	For	Management
15	Approve that the securities issued per Resolutions 12-13-14 shall not exceed (a) EUR 7,500,000.00 for shares and similar securities and (b) EUR 375,000,000.00 for debt securities	For	For	Management
16	Authorize Capitalization of Reserves of Up to EUR 30 Million for Bonus Issue or Increase in Par Value.	For	For	Management
17	Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan.	For	For	Management
18	Approve Reduction in Share Capital via Cancellation of Repurchased Shares.	For	For	Management
19	Approve to grant all the powers to the bearer of a copy or an extract of the minutes of the present to accomplish all deposits and publications prescribed by Law	For	For	Management

NIDEC CORP SHS

Ticker:	JP;6594	Security ID:	JP3734800000
Meeting Date:	JUN 23, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 12.5, Final JY 15, Special JY 2.5	FOR	FOR	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	FOR	FOR	Management
3.1	Elect Director	FOR	ABSTAIN	Management
3.2	Elect Director	FOR	ABSTAIN	Management
3.3	Elect Director	FOR	ABSTAIN	Management
3.4	Elect Director	FOR	ABSTAIN	Management
3.5	Elect Director	FOR	ABSTAIN	Management
3.6	Elect Director	FOR	ABSTAIN	Management
3.7	Elect Director	FOR	ABSTAIN	Management
3.8	Elect Director	FOR	ABSTAIN	Management
3.9	Elect Director	FOR	ABSTAIN	Management
3.1	Elect Director	FOR	ABSTAIN	Management
3.11	Elect Director	FOR	ABSTAIN	Management
3.12	Elect Director	FOR	ABSTAIN	Management
3.13	Elect Director	FOR	ABSTAIN	Management
3.14	Elect Director	FOR	ABSTAIN	Management
4	Appoint Internal Statutory Auditor	FOR	FOR	Management
5	Approve Retirement Bonuses for Directors	FOR	ABSTAIN	Management

NORANDA INC.

Ticker:	NRD.	Security ID:	655422103
Meeting Date:	APR 26, 2004	Meeting Type:	Annual
Record Date:	MAR 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director Alex G. Balogh	For	For	Management
1.2	Elect Director Andre Berard	For	For	Management
1.3	Elect Director Jack L. Cockwell	For	For	Management
1.4	Elect Director V.M. Kempston Darkes	For	For	Management
1.5	Elect Director J. Trevor Eyton	For	For	Management
1.6	Elect Director J. Bruce Flatt	For	For	Management
1.7	Elect Director A.L. Flood	For	For	Management
1.8	Elect Director Norman R. Gish	For	For	Management
1.9	Elect Director Robert J. Harding	For	For	Management
1.10	Elect Director David W. Kerr	For	For	Management
1.11	Elect Director James W. McCutcheon	For	For	Management
1.12	Elect Director Frank J. McKenna	For	For	Management
1.13	Elect Director George E. Myhal	For	For	Management
1.14	Elect Director Derek J. Pannell	For	For	Management
2	Ratify Auditors	For	For	Management

POWER FINANCIAL CORP.

Ticker:	PWF	Security ID:	73927C100
Meeting Date:	MAY 11, 2004	Meeting Type:	Annual
Record Date:	MAR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Andre Desmarais, Paul Desmarais Sr., Paul Desmarais Jr., Gerald Frere, Anthony R. Graham, Robert Gratton, Donald F. Mazankowski, Jerry E.A. Nickerson, Michel Plessis-Belair, Raymond Royer, Guy St-Germain, Emoke J.E. Szathmary as Directors	For	For	Management
2	Ratify Auditors	For	For	Management
3	Amend Bylaws Re: Quorum Requirements	For	For	Management
4	Amend Stock Option Plan	For	For	Management

RED ELECTRICA DE ESPANA SA SHS

Ticker:	ES;REE	Security ID:	ES0173093115
Meeting Date:	MAY 5, 2004	Meeting Type:	Ordinary
Record Date:	APR 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the accounts, the annual report, the management report of Red Electrica, SA and its Consolidated Financial Group; approve the allocation of earnings of Red Electrica, SA and the performing of the Board of Directors	FOR	FOR	Management
2	Amend the Article 14, 15 and add the new Article 17 bis to the Company ByLaws	FOR	ABSTAIN	Management
3	Amend the Article 2, Article 10, Article 11 and Article 15 of the Regulations of the shareholders general meeting	FOR	ABSTAIN	Management
4	Approve the Regulations of the Board of Directors	FOR	ABSTAIN	Management
5	Appoint the Accounts Auditors of the Company and its Consolidated Financial Group	FOR	FOR	Management
6	Approve the authorization for the acquisition of treasury stock in accordance to the limits and legal requirements	FOR	FOR	Management
7	Authorize the Board of Directors for the issuance of fixed income securities and to request, if pertinent, their acceptance, permanence and exclusion from organized secondary markets	FOR	FOR	Management
8	Authorize the Board of Directors, with the powers for substitution, for full implement of the Resolutions adopted on the general meeting	FOR	FOR	Management

RED ELECTRICA DE ESPANA S SHS

Ticker:	ES;REE	Security ID:	ES0173093115
Meeting Date:	JUL 16, 2003	Meeting Type:	Extraordinary
Record Date:	JUL 11, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Amend Article 2,5,6,7,9,11,13,14,15,16,17,18,19,20, 21,22,25,28,33 and cancelArticles 21 and 23, and approve the new Corporate Statute	For	For	Management
2	Approve the rules of the meeting	For	For	Management
3	Approve to fix the number of Board Member	For	For	Management
4	Appoint the Board	For	For	Management
5	Authorize the Board to formalize, implement, rectify and execute the agreements adopted by the meeting	For	For	Management

RHOEN KLINIKUM AG AKT.

Ticker:	DE;RHK	Security ID:	DE0007042301
Meeting Date:	JUL 16, 2003	Meeting Type:	Annual
Record Date:	MAR 17, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the financial statements and the annual report for the FY 2002 with the report of the Supervisory Board, the Group financial statements and the Group annual report	For	For	Management
2	Approve the appropriation of the distributable profit of EUR 23,684,548.29 as follows: payment of a dividend of EUR 0.60 per preference share; payment of a dividend of EUR 0.58 per ordinary share; EUR 8,478,148.29 shall be carried forward.	For	For	Management
3	Ratify the acts of the Board of Managing Directors	For	For	Management
4	Ratify the acts of the Supervisory Board	For	For	Management
5	Authorize the Company to acquire own shares, not exceeding more than 10% of the share capital.	For	For	Management
6	Approve the amendments to the Articles of Association: amend Section 3 regarding announcements of the Company being published in the electronic Federal Gazette; amend Section 5(3) regarding Managing Directors deciding on the certification of shares.	For	For	Management
7	Elect the Supervisory Board	For	For	Management
8	Appoint PricewaterhouseCoopers, Frankfurt as the Auditors for the FY 2003	For	For	Management

SCHINDLER HOLDING AG, HER PARTIZIPSCH.

Ticker:	CH;SCH,P	Security ID:	CH0013914103
Meeting Date:	MAR 18, 2004	Meeting Type:	Annual
Record Date:	MAR 12, 2004

#		Proposal		Mgt Rec		Vote Cast		Sponsor
1		To vote in the upcoming meeting, your name must be notified to the company registrar as beneficial owner before the record date. Please advise us now if you intend to vote. A second notification will be issued requesting your voting instructions.		For		Did Not Vote		Management

SCHINDLER HOLDING AG, HER PARTIZIPSCH.

Ticker:	CH;SCH,P	Security ID:	CH0013914103
Meeting Date:	MAR 18, 2004	Meeting Type:	Ordinary
Record Date:	MAR 11, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the 76th annual report, annual financial statements and the consolidated statements for 2003, as well as the reports of the Auditors and the Group Auditors	For	Did Not Vote	Management
2	Approve the appropriation of the balance sheet profit	For	Did Not Vote	Management
3	Grant discharge to the Board of Directors and the Group Management	For	Did Not Vote	Management
4	Elect the Auditors and the Group Auditors for business year 2004	For	Did Not Vote	Management
5	Approve the reduction of participation certificate capital through obliteration owns participation certificate in consequence of buyback program from 01 MAR 2002 to 31 Dec 2003	For	Did Not Vote	Management
6	Approve to change Article 7 ABS.1 of Association	For	Did Not Vote	Management

SHIMANO INC (FORMERLY SHI SHS)

Ticker:	JP;7309	Security ID:	JP3358000002
Meeting Date:	MAR 24, 2004	Meeting Type:	Annual
Record Date:	DEC 31, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 9.5, Final JY 6.25, Special JY 3.25	FOR	FOR	Management
2	Authorize Share Repurchase Program	FOR	FOR	Management
3	Amend Articles to: Decrease Authorized Capital from 294.4 Million Shares to 281.3 Million Shares to Reflect Share Repurchase - Authorize Share Repurchases at Board’s Discretion	FOR	FOR	Management
4.1	Elect Director	FOR	ABSTAIN	Management
4.2	Elect Director	FOR	ABSTAIN	Management
4.3	Elect Director	FOR	ABSTAIN	Management
4.4	Elect Director	FOR	ABSTAIN	Management
4.5	Elect Director	FOR	ABSTAIN	Management
4.6	Elect Director	FOR	ABSTAIN	Management
4.7	Elect Director	FOR	ABSTAIN	Management
4.8	Elect Director	FOR	ABSTAIN	Management
5.1	Appoint Internal Statutory Auditor	FOR	ABSTAIN	Management
5.2	Appoint Internal Statutory Auditor	FOR	ABSTAIN	Management

SINOTRANS LTD SHS -H-

Ticker:	HK;0598	Security ID:	CN0001729671
Meeting Date:	JUN 2, 2004	Meeting Type:	Annual
Record Date:	APR 30, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve the report of the Board of Directors for the YE 31 DEC 2003	FOR	FOR	Management
2	Receive and approve the report of the Supervisory Committee for the YE 31 DEC 2003	FOR	FOR	Management
3	Receive and approve the audited accounts of the Company and the Auditors’ report for the YE 31 DEC 2003	FOR	FOR	Management
4	Re-appoint Messrs. PricewaterhouseCoopers as the International Auditors of theCompany and authorize the Directors of the Company to fix their remuneration	FOR	FOR	Management
5	Authorize the directors of the Company to decide on matter relating to the declaration, payment and recommendation of interim dividends for the year 2004	FOR	FOR	Management
6	Receive and approve the profit distribution proposal and final dividend of the Company for the YE 31 DEC 2003	FOR	FOR	Management
S.7	Amend the Articles 13, 65, 78, 94, 109, 130 of Articles of Association of the Company	FOR	FOR	Management

SMITH & NEPHEW PLC.SHS

Ticker:	GB;SN	Security ID:	GB0009223206
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve the audited accounts of the YE 31 DEC 2003 together with reports of the Directors and the Auditors thereon	FOR	FOR	Management
2	Declare a final dividend of 3.1 pence per ordinary share in respect of the YE 31 DEC 2003	FOR	FOR	Management
3	Re-elect Mr. Warren Knowlton as a Director of the Company	FOR	FOR	Management
4	Re-elect Sir Christopher O’Donnell as a Director of the Company	FOR	FOR	Management
5	Re-elect Mr. Richard De Schutler as a Director of the Company	FOR	FOR	Management
6	Re-elect Mr. Rolf Stomberg as a Director of the Company	FOR	FOR	Management
7	Re-appoint Ernst & Young LLP as the Auditors	FOR	FOR	Management
8	Approve to renew the Directors’ authorization to allot securities granted by article 9.2 of the Company’s Articles of Association	FOR	FOR	Management
9	Approve the remuneration report of the Directors for the YE 31 DEC 2003	FOR	FOR	Management
10	Approve the Smith & Nephew 2004 Performance Share Plan	FOR	FOR	Management
11	Approve the Smith & Nephew 2004 Executive Share Option Plan	FOR	FOR	Management
12	Approve the Smith & Nephew 2004 Co-Investment Plan	FOR	FOR	Management
13	Authorize the Directors to establish other schemes for employees resident or working outside the United Kingdom based on the Performance Share Plan, the 2004 Option Plan and the 2004 Co-Investment Plan Principal Schemes	FOR	FOR	Management
14	Authorize the Directors to establish the new discretionary trust for the benefit of employees and former employees of the Company and its subsidiaries	FOR	FOR	Management
15	Amend the rules of the Smith & Nephew 2001 UK approved Share Option Plan	FOR	FOR	Management
16	Amend the rules of the Smith & Nephew 2001 UK unapproved Share Option Plan	FOR	FOR	Management
S.17	Approve to reclassify the 1 issued ‘B’ ordinary share of 12 2/3 pence as an ordinary share having the same rights and subject to the same restrictions as the existing ordinary share of the Company	FOR	FOR	Management
S.18	Authorize the Company, pursuant to Section 166 of the Companies Act 1985, to make market purchases Section 163 (3) of up to 93,486,408 ordinary shares 10% of the issued share capital as at 16 MAR 2004 of 12 2/3 pence each in the capital of the Company	FOR	FOR	Management
S.19	Approve the Articles of Association of the Company in substitution for and to the exclusion of all previous Articles of Association, but without prejudice to the authorities granted under Resolutions 8 and 20.	FOR	FOR	Management
S.20	Approve to renew the Directors’ power to allot securities otherwise than to existing shareholders pro rata to their holdings granted by Article 9.3 of the Company’s Articles of Association adopted pursuant to Resolution 19	FOR	FOR	Management
21	Approve to increase the aggregate ordinary remuneration permitted to be paid to non-executive Directors, in accordance with Article 115 of the Company Articles of Association adopted pursuant to Resolution 19, to an amount not exceeding GBP 900,000	FOR	FOR	Management

SYNTHES-STRATEC INC COM

Ticker:	CH;SYST	Security ID:	US87162M1027
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:	MAR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the report on the business year 2003	For	Did Not Vote	Management
2	Approve the report on the FY, the annual accounts and the consolidated accounts for 2003	For	Did Not Vote	Management
3	Approve the report on dividend approved by the Board of Directors	For	Did Not Vote	Management
4	Elect the Board of Directors	For	Did Not Vote	Management
5	Ratify the selection of holding Company and Group Auditors for 2004	For	Did Not Vote	Management
6	Amend the certificate of incoproation: stock split	For	Did Not Vote	Management
7	Amend the certificate of incorporation: Change of company name	For	Did Not Vote	Management
8	Authorize the Board of Directors for a one-time issuance of common stock	For	Did Not Vote	Management

SYNTHES-STRATEC INC COM ACCREDITED INVS

Ticker:	CH;SYST	Security ID:	US87162M1027
Meeting Date:	OCT 23, 2003	Meeting Type:	Extraordinary
Record Date:	SEP 25, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve to increase the maximum number of members of the Board of Directors from nine to ten Directors and the proposed new Article SIXTH (b) (i)	For	For	Management
2	Authorize the issuance of 510,725 shares of common stock free of preemptive rights of current shareholders to subscribe for such shares	For	For	Management

TALISMAN ENERGY INC.

Ticker:	TLM.	Security ID:	87425E103
Meeting Date:	MAY 4, 2004	Meeting Type:	Annual/Special
Record Date:	MAR 18, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect Douglas D. Baldwin, James W. Buckee, Kevin S. Dunne, Al L. Flood, Dale G. Parker, Lawrence G. Tapp, Stella M. Thompson, Robert G. Welty, Charles W. Wilson as Directors	For	For	Management
2	Ratify Auditors	For	For	Management
3	Approve 3:1 Stock Split	For	For	Management

TENARIS SA, LUXEMBOURG

Ticker:		Security ID:	88031M109
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	APPROVAL OF THE COMPANY S CONSOLIDATED FINANCIAL STATEMENTS AS OF, AND FOR THE FISCAL YEAR ENDED, DECEMBER 31, 2003.	For	For	Management
2	APPROVAL OF THE COMPANY S ANNUAL ACCOUNTS AS OF, AND FOR THE FISCAL YEAR ENDED, DECEMBER 31, 2003. APPROVAL OF THE REPORT FROM THE BOARD OF DIRECTORS AND FROM THE INDEPENDENT AUDITOR OF THE ANNUAL ACCOUNTS.	For	For	Management
3	APPROVAL OF DIVIDEND PAYMENT.	For	For	Management
4	DISCHARGE OF BOARD OF DIRECTORS RESPONSIBILITIES.	For	For	Management
5	ELECTION OF MEMBERS OF THE BOARD OF DIRECTORS.	For	For	Management
6	AUTHORIZATION TO THE BOARD OF DIRECTORS TO DELEGATE THE DAY-TO- DAY MANAGEMENT OF THE BUSINESS TO ONE OR MORE OF ITS MEMBERS.	For	For	Management
7	DETERMINATION OF COMPENSATION TO THE MEMBERS OF THE BOARD OF DIRECTORS.	For	For	Management
8	Ratify Auditors	For	For	Management

THE SWATCH GROUP AG, NEUE AKT.

Ticker:	CH;UHR	Security ID:	CH0012255151
Meeting Date:	MAY 27, 2004	Meeting Type:	Annual
Record Date:	MAY 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the business report 2003	For	Did Not Vote	Management
2	Grant discharge to the Members fo the Board of Directors	For	Did Not Vote	Management
3	Approve the appropriation of the balance sheet profit	For	Did Not Vote	Management
4	Elect the Board of Directors	For	Did Not Vote	Management
5	Elect the Auditors and the Group Auditor	For	Did Not Vote	Management

UNI-CHARM CORP SHS

Ticker:	JP;8113	Security ID:	JP3951600000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 14, Final JY 14, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Expand Business Lines - Clarify Director Authorities in Connection with the Introduction of Executive Officer System - Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3.1	Elect Director	For	Did Not Vote	Management
3.2	Elect Director	For	Did Not Vote	Management
3.3	Elect Director	For	Did Not Vote	Management
3.4	Elect Director	For	Did Not Vote	Management
3.5	Elect Director	For	Did Not Vote	Management
4.1	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
4.2	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
4.3	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
4.4	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
5	Approve Executive Stock Option Plan	For	Did Not Vote	Management
6	Approve Retirement Bonus for Statutory Auditor	For	Did Not Vote	Management

USHIO INC SHS

Ticker:	JP;6925	Security ID:	JP3156400008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 15, Special JY 5	For	For	Management
2	Amend Articles to: Increase Number of Internal Auditors - Expand Board Eligibility - Authorize Share Repurchases at Board’s Discretion	For	For	Management
3.1	Elect Director	For	Abstain	Management
3.2	Elect Director	For	Abstain	Management
3.3	Elect Director	For	Abstain	Management
3.4	Elect Director	For	Abstain	Management
4.1	Appoint Internal Statutory Auditor	For	Abstain	Management
4.2	Appoint Internal Statutory Auditor	For	Abstain	Management
4.3	Appoint Internal Statutory Auditor	For	Abstain	Management
4.4	Appoint Internal Statutory Auditor	For	Abstain	Management
5	Approve Retirement Bonuses for Directors and Statutory Auditors	For	Abstain	Management
6	Approve Adjustment to Aggregate Compensation Ceiling for Statutory Auditors	For	Abstain	Management

USS CO. LTD, TOKAI SHS

Ticker:	JP;4732	Security ID:	JP3944130008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 25, Final JY 25, Special JY 0	For	Did Not Vote	Management
2	Amend Articles to: Authorize Share Repurchases at Board’s Discretion	For	Did Not Vote	Management
3.1	Elect Director	For	Did Not Vote	Management
3.2	Elect Director	For	Did Not Vote	Management
3.3	Elect Director	For	Did Not Vote	Management
3.4	Elect Director	For	Did Not Vote	Management
3.5	Elect Director	For	Did Not Vote	Management
3.6	Elect Director	For	Did Not Vote	Management
3.7	Elect Director	For	Did Not Vote	Management
3.8	Elect Director	For	Did Not Vote	Management
3.9	Elect Director	For	Did Not Vote	Management
3.1	Elect Director	For	Did Not Vote	Management
3.11	Elect Director	For	Did Not Vote	Management
3.12	Elect Director	For	Did Not Vote	Management
4	Approve Executive Stock Option Plan	For	Did Not Vote	Management

VENTURE CORPORATION LTD SHS

Ticker:	SG;VMS	Security ID:	SG0531000230
Meeting Date:	APR 30, 2004	Meeting Type:	Extraordinary
Record Date:	APR 13, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
S1	Amend the Articles of Association of the Company	For	For	Management
2	Authorize the Directors to issue shares and make or grant offers the aggregate number of shares not to exceed 50 per cent of the issued share capital of the Company	For	For	Management
3	Approve a new share option scheme to be known as the Venture Corporation Executives Share Option Scheme	For	Against	Management

VENTURE CORPORATION LTD SHS

Ticker:	SG;VMS	Security ID:	SG0531000230
Meeting Date:	APR 30, 2004	Meeting Type:	Annual
Record Date:	APR 12, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and adopt the Directors’ report and the audited accounts of the Company for the YE 31 DEC 2003 together with the Auditors’ report thereon	For	For	Management
2	Declare a final dividend of 25% tax-exempt and a bonus dividend of 50% less income tax for the YE 31 DEC 2003 2002 : final tax-exempt dividend of 15% and bonus tax-exempt dividend of 15%	For	For	Management
3	Re-elect Mr. Soo Eng Hiong as a Director, who retires pursuant to Article 74 of the Company’s Articles of Association	For	For	Management
4	Re-elect Mr. Goh Geok Ling as a Director, who retires pursuant to Article 74 of the Company’s Articles of Association and remains as the Member of the Audit Committee and will be considered independent for the purpose of Rule 704(8).	For	For	Management
5	Re-elect Mr. Goon Kok Loon as a Director, who retires pursuant to Article 74 of the Company’s Articles of Association and remains as the Member of the Audit and Compensation Committees and will be considered independent for the purpose of Rule 704(8).	For	For	Management
6	Re-elect Mr. Cecil Vivian Richard Wong as a Director, who retires under Section 153(6) of the Companies Act, Chapter 50 Committee and will be considered independent for the purpose of rule 704(8).	For	For	Management
7	Approve the payment of the Directors’ fees of SGD 86,000 for YE 31 DEC 2003 2002: SGD 86,000	For	For	Management
8	Re-appoint Deloitte & Touche as the Company’s Auditors; and authorize the Directors to fix their remuneration	For	For	Management
9	Authorize the Directors, pursuant to Section 161 of the Companies Act, Chapter 50, to allot and issue shares up to 10% of issued share capital.	For	For	Management
10	Authorize the Directors to allot and issue such number of shares in the capital of the Company as may be required to be issued pursuant to the exercise of options granted under the Venture Manufacturing Singapore Limited Executives’ Share Option Scheme.	For	Against	Management

WANGER INTERNATIONAL SMALL CAP

AALBERTS INDUSTRIES NV SHS

Ticker:	NL;AALB	Security ID:	NL0000331346
Meeting Date:	APR 22, 2004	Meeting Type:	Annual
Record Date:	APR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Opening	For	Did Not Vote	Management
2	Receive the report by the Management Board on FY 2003	For	Did Not Vote	Management
3	Adopt the annual accounts for 2003	For	Did Not Vote	Management
4	Approve the dividend for the FY 2003	For	Did Not Vote	Management
5	Grant discharge to Management Board	For	Did Not Vote	Management
6	Grant discharge to the Supervisory Board	For	Did Not Vote	Management
7	Authorize Management Board to purchase the Company’s own shares	For	Did Not Vote	Management
8	Authorize Management Board to issue shares and to take rights to take shares as well as to exclude the pre-emptive rights to exisitng shareholders	For	Did Not Vote	Management
9	Approve the corporate governance	For	Did Not Vote	Management
10	Approve the abolition of structure regime	For	Did Not Vote	Management
11	Amend the Articles of Association	For	Did Not Vote	Management
12	Appoint the Auditor	For	Did Not Vote	Management
13	Approve the composition of the Supervisory Board	For	Did Not Vote	Management
14	Announcement and questions	For	Did Not Vote	Management
15	Closing	For	Did Not Vote	Management

ABENGOA SA, SEVILLA SHS

Ticker:	ES;ABG	Security ID:	ES0105200416
Meeting Date:	JUN 26, 2004	Meeting Type:	Ordinary
Record Date:	JUN 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Renew and approve, if it were the case, the annual accounts and the Management report for the FY 2003 of the Company and its consolidated Group.	For	For	Management
2	Renew and approve, if it were the case, the resolution on the application of the result for the 2003	For	For	Management
3	Appoint the Auditor of the Company accounts and those of its consolidated Group for the FY 2004	For	For	Management
4	Ratify the Director appointed by cooptation	For	For	Management
5	Amend the Article 46 of the By-Laws increasing the maximum number of Members of the advisory Board from 10 to 12	For	For	Management
6	Authorize the Board of Directors to increase the share capital, within the limits established by law, without having to consult the shareholders meeting beforehand with express power to exclude the preference subscription	For	For	Management
7	Authorize the Board of Directors to issue bonds or other similar fixed or variable income securities, simple or non convertible into shares.	For	For	Management
8	Authorize the Board of Directors for the derivative acquisition of the Company’s own shares.	For	For	Management
9	Approve to delegate in the Board of Directors for the interpretation, rectification, execution, formalization and registering of the adopted resolutions	For	For	Management
10	Approve the minutes in any of the modalities foreseen by law	For	For	Management

AM N.V. SHS

Ticker:	NL;AMS	Security ID:	NL0000389799
Meeting Date:	JAN 6, 2004	Meeting Type:	Ordinary
Record Date:	JAN 2, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Opening	For	Did Not Vote	Management
2	Approve the announcements	For	Did Not Vote	Management
3	Approve minutes of the general meeting dated 10 DEC 2003	For	Did Not Vote	Management
4	Appoint Mr. P.G.A. Noordanus as an Interim Chairman to the Management Board with effect of 06 JAN	For	Did Not Vote	Management
5	Transact any other business	None	Did Not Vote	Management
6	Closure	For	Did Not Vote	Management

AM N.V. SHS

Ticker:	NL;AMS	Security ID:	NL0000389799
Meeting Date:	MAY 6, 2004	Meeting Type:	Annual
Record Date:	APR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Opening	None	Did Not Vote	Management
2	Receive the announcements	None	Did Not Vote	Management
3	Approve the notes general meeting shareholders 06 JAN 2004	None	Did Not Vote	Management
4	Approve the Corporate governance	None	Did Not Vote	Management
5	Approve the report by Management Board on FY 2003	None	Did Not Vote	Management
6	Adopt the annual accounts 2003	None	Did Not Vote	Management
7	Approve the Reserves policy and dividend proposal 2003	None	Did Not Vote	Management
8.a	Grant discharge from liability to Management Board for management conducted for the year 2003	None	Did Not Vote	Management
8.b	Grant discharge from liability to Supervisory Board for supervision exercised for the year 2003	None	Did Not Vote	Management
9	Appoint the External Auditor	None	Did Not Vote	Management
10	Approve the notification of expansion of the Management Board with new Members by Supervisory Board	None	Did Not Vote	Management
11	Authorize the Management Board for an 18 month period to purchase the Company’s own shares	None	Did Not Vote	Management
12	Authorize the Management Board to issue, grant rights to take unissued shares to restrict or to exclude the pre-emptive right for an 18 month period	None	Did Not Vote	Management
13	Questions	None	Did Not Vote	Management

AMPLIFON SPA, VIA RIAPAMO AZ.

Ticker:	IT;AMP	Security ID:	IT0003101059
Meeting Date:	APR 26, 2004	Meeting Type:	Mixed
Record Date:	APR 6, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
O.1	Approve the balance sheet reports as of 31 DEC 2003, Board of Directors’ reports on management activity, Internal Auditors reports, profit distribution, resolutions related thereto, and the consolidated balance sheet as of 31 DEC 2003	None	Did Not Vote	Management
O.2	Appoint the Board of Directors	FOR	FOR	Management
O.3	Approve the Directors emoluments for the FY 2004	FOR	FOR	Management
O.4	Appoint External Auditors for the period 2004/2006	FOR	FOR	Management
E.1	Amend some articles of the By-Laws also in order to reflect the reform of Italian Company Law	FOR	FOR	Management

AMPLIFON SPA, VIA RIAPAMONTI N 131, MILANO

Ticker:	IT;AMP	Security ID:	IT0003101059
Meeting Date:	OCT 21, 2003	Meeting Type:	Extraordinary
Record Date:	OCT 14, 2003

#		Proposal		Mgt Rec		Vote Cast		Sponsor
1		Approve and evaluate the merger by incorporation of the Company AmpliclinicalSpa; and approve the resolutions related thereto and the powers bestowal		For		For		Management

ANGLO-IRISH BANK CORP PLC SHS

Ticker:	IE; ANB	Security ID:	IE0001987894
Meeting Date:	JAN 23, 2004	Meeting Type:	Annual
Record Date:	DEC 26, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve to adopt the reports and accounts	For	For	Management
2	Declare a dividend	For	For	Management
3a	Re-elect Mr. Tiarnan O. Mahoney as a Director	For	For	Management
3b	Re-elect Mr. John Rowan as a Director	For	For	Management
3c	Re-elect Mr. Patrick Wright as a Director	For	For	Management
3d	Re-elect Mr. Patricia Jamal as a Director	For	For	Management
4	Authorize the Directors to fix the remuneration of the Auditors	For	For	Management
5	Grant authority for the share buy-backs and the re-issue price for treasury shares	For	For	Management
6	Authorize the Directors to disapply pre-emption rights	For	For	Management
7	Approve to determine the aggregate remuneration of the Non-Executive Directors in accordance with Article 78 of the Articles of Association	For	For	Management

ARRK CORP SHS

Ticker:	JP;7873	Security ID:	JP3100050008
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 20, Special JY 0	For	For	Management
2	Appoint Internal Statutory Auditor	For	For	Management

ASE TEST LTD

Ticker:	ASTSF	Security ID:	Y02516105
Meeting Date:	JUN 25, 2004	Meeting Type:	Annual
Record Date:	APR 1, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	TO ADOPT THE 2003 ACCOUNTS AND REPORTS	For	For	Management
2	Ratify Auditors	For	For	Management
3	AUTHORITY TO ISSUE SHARES	For	For	Management
4	AUTHORITY TO ISSUE SECURITIES	For	For	Management
5	TO APPROVE THE 2004 SHARE OPTION PLAN	For	Against	Management
6	TO APPROVE THE CONTINUED ADOPTION OF THE DIVIDEND POLICY OF THE COMPANY	For	For	Management

BACOU-DALLOZ (FORMERLY CHRISTIAN DALLOZ SA)

Ticker:	FR;DAL	Security ID:	FR0000060899
Meeting Date:	MAY 18, 2004	Meeting Type:	Mixed
Record Date:	MAY 6, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
O.1	Receive the group’s management report and the General Auditors’ report up on the consolidated accounts showing the net profit of EUR 15,059,000.00 and approve the financial accounts for the YE 31 DEC 2003	FOR	Did Not Vote	Management
O.2	Receive the Directors and the Auditors reports; approve the accounts and the balance sheet for the FY 31 DEC 2003 showing a loss of 3,186,482.93; grant discharge to the Directors for the completion of their assignment for the current year	FOR	Did Not Vote	Management
O.3	Approve the allocation of the results and decide to assign the loss of FY 2003 amounting to EUR 3,186,482.93 increased by the retained earnings of the EUR 15,448,057.64, which amounts to EUR 12,261,574.71	FOR	Did Not Vote	Management
O.4	Approve the allocation of attendance fees amount to EUR 225,000.00 to the Board of Directors	FOR	Did Not Vote	Management
O.5	Approve the Special Auditors report in accordance with the provisions of Article L.225-38 and French commercial law and the agreements mentioned in it	FOR	Did Not Vote	Management
O.6	Receive the Auditor’s special report upon the agreements concerned by the Articles L.225-42 and the Board of Directors notes and approve that no other agreement non-authorized before the Board of Directors was agreed during the FY closed on 31 DEC 2003	FOR	Did Not Vote	Management
O.7	Approve the renewal of the term of office of Mrs. Ginette Dalloz as a Member of the Board of Directors for 3 years	FOR	Did Not Vote	Management
O.8	Approve the renewal of the term of office of Mr. M. Philippe Bacou as a Member of the Board of Directors for 3 years	FOR	Did Not Vote	Management
O.9	Approve the renewal of the term of office of Mr. M. Norbert Majerholc as a Member of the Board of Directors for 3 years	FOR	Did Not Vote	Management
O.10	Approve the renewal of the term of office of Mr. M. Andre Talmon as a Member of the Board of Directors for 3 years	FOR	Did Not Vote	Management
O.11	Approve the renewal of the term of office of Idia Participations as a Member of the Board of Directors for 3 years	FOR	Did Not Vote	Management
O.12	Appoint Mr. M. Jacques Petit as a Member of Board of Directors for 3 years	FOR	Did Not Vote	Management
O.13	Authorize the Board to trade the Company’s shares on the stock exchange for a period of 18 months.	FOR	Did Not Vote	Management
O.14	Grant all powers to the bearer of a copy or an extract of the minutes of the present to accomplish all deposits and publications prescribed by law	FOR	Did Not Vote	Management
E.15	Grant all powers to the Board of Directors to decrease the share capital for 18 months	FOR	Did Not Vote	Management
E.16	Authorize the Board of Directors to proceed with the issue of shares up to a nominal amount of EUR 15,000,000.00 capital increase , 250,000,000.00 Debt securities for 26 months.	FOR	Did Not Vote	Management
E.17	Authorize the Board of Directors to proceed with the issue of shares up to a nominal amount of EUR 15,000,000.00 capital increase , 250,000,000.00 Debt securities for a period of 26 months.	FOR	Did Not Vote	Management
E.18	Authorize the Board of Directors to increase nominal maximum amount of EUR 15,000,000.00 as per the delegations in the above Resolutions 16 and 17 and EUR 250,000,000.00 in the Resolutions 16 and 17 regarding the debt securities	FOR	Did Not Vote	Management
E.19	Authorize the Board of Directors to increase the Company share capital for a period of 26 months.	FOR	Did Not Vote	Management
E.20	Grant all powers to the Board of Directors to proceed with the issue of ordinary shares to the Employees and to the Companies linked to it for 26 months.	FOR	Did Not Vote	Management
E.21	Grant all powers to the bearer of a copy or an extract of the minutes of the present to accomplish all deposits and publications prescribed by law	FOR	Did Not Vote	Management

BANK OF KAOHSIUNG CO LTD SHS

Ticker:	TW;2836	Security ID:	TW0002836004
Meeting Date:	JUN 10, 2004	Meeting Type:	Annual
Record Date:	APR 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Approve the report of business operation result for FY 2003	FOR	FOR	Management
1.2	Approve the Supervisors review of the financial reports for FY 2003	FOR	FOR	Management
2.1	Ratify the financial reports of FY 2003	FOR	FOR	Management
2.2	Ratify the net profit allocation	FOR	FOR	Management
2.3	Approve the issuing of new shares cash dividend: TWD 0.5 per share, stock dividend FM capital surplus:100/1000	FOR	FOR	Management
2.4	Amend the Company Articles	FOR	ABSTAIN	Management
3	Others and extraordinary proposals	None	ABSTAIN	Management

BANKINTER SA, MADRID REG. SHS

Ticker:	ES;BKT	Security ID:	ES0113679338
Meeting Date:	MAR 22, 2004	Meeting Type:	Ordinary
Record Date:	MAR 5, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve the 2003 financial statements, the management report and the distribution of income of Bankinter S.A., and the 2003 financial statements and the management report of the Consolidated Group	For	For	Management
2	Approve the Board of Directors conduct of business in 2003 and the rectify the distribution of interim dividends out of 2003 earnings	For	For	Management
3	Appoint, renew and ratify the Directors	For	For	Management
4	Re-appoint the Auditors for 2004	For	For	Management
5	Amend the Articles of the Company Bye-laws according to the Spanish Ley-Act-26/2003	For	For	Management
6	Approve the regulations on the shareholders meeting procedure according to Spanish Ley-Act 26/2003	For	For	Management
7	Authorize the Board of Directors to increase the capital stock, pursuant to Article 153.1B of the Spanish Corporations Law through the issue of shares of any kind, with the powers to exclude preemptive rights	For	For	Management
8	Authorize the Board of Directors to issue debentures and securities of any nature and form, including debentures convertible into exchangeable for shares, with the powers to exclude preemptive rights	For	For	Management
9	Authorize the Board of Directors to: make acquisitions of treasury stock, to sell or retire such treasury stock, to increase and reduce capital with a charge to reserves and to partially distribute to the shareholders the additional paid-in-capital	For	For	Management
10	Approve a compensation system tied to the value of the Banks shares in favor of Directors	For	For	Management
11	Authorize the Board of Directors to implement, execute, rectify and carry out the resolutions of the shareholders meeting, and to request admission to listing the securities issued and grant powers to deposit the financial statements	For	For	Management

BELLSYSTEM24 INC SHS

Ticker:	JP;9614	Security ID:	JP3835750005
Meeting Date:	AUG 28, 2003	Meeting Type:	Annual
Record Date:	MAY 31, 2003

#	Proposal	Mgt Rec	Vote Cast		Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 75, Final JY 5, Special JY 90	For	For		Management
2	Authorize Share Repurchase Program	For	For		Management
3	Amend Articles to: Introduce System for Selling Supplemental Shares to Odd-Lot Holders, Create Registry of Lost Share Certificates	For	For	��	Management
4	Approve Executive Stock Option Plan	For	Abstain		Management

BERU AG, LUDWIGSBURG AKT.

Ticker:	DE;BZL	Security ID:	DE0005072102
Meeting Date:	SEP 16, 2003	Meeting Type:	Annual
Record Date:	AUG 11, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the financial statements and annual report for the 2002/2003 financial year with the report of the Supervisory Board, the group financial statements and group annual report	For	For	Management
2	Approve the appropriation of the distributable profit of EUR 20,963,654.58 as follows: payment of a div. of EUR 1.10 per no-par share EUR 9,500,000 shall be allocated to the other revenue reserves ex-dividend and payable date: 17 SEP2003	For	For	Management
3	Ratify the acts of the Board of Managing Directors	For	For	Management
4	Ratify the acts of the Supervisory Board	For	For	Management
5	Authorize the Company to acquire its own shares	For	For	Management
6	Elect to the Supervisory Board	For	For	Management
7	Approve / Amend Supervisory Board remuneration	For	For	Management
8	Approve the control and profit transfer agreement with Hakatherm Elektronik Verwaltungs GmbH as the controlled Company, effective from 1 APR 2003, until 31MAR 2008	For	For	Management
9	Appoint the Auditors for the 2003/2004 fi-nancial year: Bayerische Treuhandgesellschaft AG, Munich	For	For	Management

BILFINGER BERGER AG (EX B AKT.

Ticker:	DE;GBF	Security ID:	DE0005909006
Meeting Date:	MAY 26, 2004	Meeting Type:	Annual
Record Date:	MAR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the financial statements and the annual report for the FY 2003, with the report of the Supervisory Board, the Group financial statements and the Group annual report	FOR	FOR	Management
2	Approve the appropriation of the distributable profit of EUR 47, 735, 524.20 as follows: payment of a dividend of EUR 0.65 plus a bonus of EUR 0.65 per no-par share ex-dividend and payable date 27 MAY 2004	FOR	FOR	Management
3	Ratify the acts of the Board of Managing Directors	FOR	FOR	Management
4	Ratify the acts of the Supervisory Board	FOR	FOR	Management
5	Elect the Supervisory Board	FOR	FOR	Management
6	Authorize the Board of Managing Directors with the consent of the Supervisory Board, to increase the share capital by up to EUR 20, 000, 000 through the issue of new shares against cash payment	FOR	FOR	Management
7	Authorize the Board of Managing Directors with the consent of the Supervisory Board, to increase the share capital by up to EUR 10,000,000 through the issue of new shares against payment in kind for acquisition purpose, on or before 26 MAY 2009 authorized	FOR	FOR	Management
8	Approve the contingent capital I will be reduced to EUR 319, 068, as required for the potential fulfillment of the 106, 356 remaining stock options and amend the Articles of Associaton	FOR	FOR	Management
9	Authorize the Board of Managing Directors to acquire shares of the Company of up to 10% of its share capital, at a price not deviating more than 20% from their average market price of the shares, on or before 25 NOV 2005	FOR	FOR	Management
10	Appoint PwC Deutsche Revision AG, Karlsruhe, and Ernst + Young AG, Mannheim, as the Auditors for the FY 2004	FOR	FOR	Management

BILLABONG INTERNATIONAL LTD

Ticker:	AU;BBG	Security ID:	AU000000BBG6
Meeting Date:	OCT 24, 2003	Meeting Type:	Annual
Record Date:	SEP 25, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the financial report, including the Directors declaration, for the YE30 JUN 2003 and the related Directors’ report and the Independent Auditor report	For	For	Management
2	Re-elect Ms. Colette Paull as a Director, who retires by rotation in accordance with Article 17.1 of the Company’s Constitution	For	For	Management
3	Re-elect Mr. Gordon Merchant as a Director, who retires by rotation in accordance with Article 17.1 of the Company’s Constitution	For	For	Management
4	Re-elect Mr. Paul Naude as the Executive Director, who retires in accordance with Article 16.4(b) of the Company’s Constitution	For	For	Management

BKW FMB ENERGIE AG, BERN NAMEN- AKT

Ticker:	CH;BKW.N	Security ID:	CH0014307109
Meeting Date:	MAY 27, 2004	Meeting Type:	Ordinary
Record Date:	MAY 7, 2004

#		Proposal		Mgt Rec		Vote Cast		Sponsor
1		TO VOTE IN THE UPCOMING MEETING, YOUR NAME MUST BE NOTIFIED TO THE COMPANY REGISTRAR AS BENEFICIAL OWNER BEFORE THE RECORD DATE. PLEASE ADVISE US NOW IF YOU INTEND TO VOTE. NOTE THAT THE COMPANY REGISTRAR HAS DISCRETION OVER GRANTING VOTING RIGHTS. ONC		For		Did Not Vote		Management

BLOOMSBURY PUBLISHING PLC SHS

Ticker:	GB;BMY	Security ID:	GB0033147751
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAY 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the report of the Directors and the audited accounts for the YE 31 DEC 2003	For	For	Management
2	Approve the Directors’ remuneration report for the YE 31 DEC 2003	For	For	Management
3	Declare a final dividend for the FYE 31 Dec 2003	For	For	Management
4	Re-elect Mr. K.M. Rooney as a Director of the Company	For	For	Management
5	Re-elect Mr. D.J. Coleman as a Director of the Company	For	For	Management
6	Re-elect Mr. M.N. Fry as a Director of the Company	For	For	Management
7	Re-elect Mr. Mayer as a Director of the Company	For	For	Management
8	Re-appoint Baker Tilly as the Auditors and authorize the Directors to fix their remuneration	For	For	Management
9	Authorize the Directors, pursuant to Section 80 of the Companies Act 1985 the Act , to allot to such persons and on such terms as they think proper, any relevant securities Section 80(2) of the Act up to a maximum aggregate nominal amount of GBP 268,715	For	For	Management
s.10	Authorize issuance of equity securities without pre-emptive rights.	For	For	Management
s.11	Authorize the Company, pursuant to Section 166 of the Act, to make market purchases Section 163 of the Act of up to 3,525,139 ordinary shares of 1.25p each Ordinary Shares in such manner and on such terms as the Directors may from time to time determine,.	For	For	Management

BONDUELLE SA, VILLENEUVE ACT.

Ticker:	FR;BON	Security ID:	FR0000063935
Meeting Date:	DEC 10, 2003	Meeting Type:	Mixed
Record Date:	NOV 20, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the Supervisory Board report, and the General Auditors report, approve the accounts and the balance sheet for the FY closed on 30 JUN 2003, and the profits for the FY: EUR 4,773,418.33	For	For	Management
2	Acknowledge the consolidated accounts, the management report as included in the Supervisory Board report; approve the consolidated net profit; grant permanent discharge to the Supervisory Board for the completion of its assignment for the current year.	For	For	Management
3	Approve the Special Auditors report, in accordance with the provisions of Article L. 226-10 of the Commercial Law	For	For	Management
4	Approve the Management and the Supervisory Board; approve the financial statements.	For	For	Management
5	Approve to set an amount of EUR 4,500.00 to be allocated to the supervisory Board as attendance fees	For	For	Management
6	Authorize the management to trade the Company’s shares on the stock exchange.	For	For	Management
7	Approve to renew the term of office of Mr. Bruno Bonduelle as a Member of Supervisory Board for a period of 3 years	For	For	Management
8	Approve renew the term of office of Mr. Felix Bonduelle as a Member of Supervisory Board for a period of 3 years	For	For	Management
9	Approve to renew the term of office of Ms. Jean-Marie Bonduelle as a Member of Supervisory Board for a period of 3 years	For	For	Management
10	Approve to renew the term of office of Mr. Andre Bonduelle as Member of Supervisory Board for a period of 3 years	For	For	Management
11	Approve to renew the term of office of Mr. Olivier Cavrois as Member of Supervisory Board for a period of 3 years	For	For	Management
12	Approve to renew the term of office of Mr. Stanislas Dalle as a Member of Supervisory Board for a period of 3 years	For	For	Management
13	Approve to renew the term of office of Mr. Francis Danjou as a Member of Supervisory Board for a period of 3 years	For	For	Management
14	Approve to renew the term of office of Ms. Jean Gueguen as a Member of Supervisory Board for a period of 3 years	For	For	Management
15	Appoint Mr. Andre Crespel as a new Member of Supervisory Board for a period of 3 years	For	For	Management
16	Appoint Mr. Daniel Bracquart as a new Member of the Supervisory Board for a period of 3 years	For	For	Management
17	Approve to delegates all powers to the management to proceed, in France or Abroad, with the issue of shares and transferable securities for a maximum nominal amount of EUR 10,000,000.00 for a period of 26 months	For	For	Management
18	Grant all powers to the bearer of a copy or an extract of the minutes of the present in order to accomplish all deposits and publications which are prescribed by law	For	For	Management

BURBERRY GROUP PLC SHS

Ticker:	GB;BRBY	Security ID:	GB0031743007
Meeting Date:	JUL 15, 2003	Meeting Type:	Annual
Record Date:	JUL 7, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the Company’s accounts for the YE 31 MAR 2003 and the reports of the Directors and the Auditors thereon	For	For	Management
2	Approve the Directors remuneration report for the YE 31 MAR 2003	For	For	Management
3	Declare a final dividend of 2p per ordinary share	For	For	Management
4	Elect Mrs. C.A. Marland as a Director of the Company	For	For	Management
5	Re-elect Mr. M.E. Metcalf as a Director of the Company	For	For	Management
6	Re-elect Mr. D.A. Tyler as a Director of the Company	For	For	Management
7	Re-appoint PricewaterhouseCoopers LLP as the Auditors of the Company, until the conclusion of the next general meeting at which accounts are laid before the Company	For	For	Management
8	Authorize the Board to determine the Auditors’ remuneration	For	For	Management
9	Authorize the Company to make donations to EU political organizations and to incur political expenditure in an aggregate amount not exceeding GBP 25,000 during the period ending on the date of the Company’s AGM in 2004	For	For	Management
10	Authorize the Burberry Limited to make donations to EU political organizations and to incur political expenditure in an aggregate amount not exceeding GBP 25,000 during the period ending on the date of the Company’s AGM in 2004	For	For	Management
S11	Authorize the Company to repurchase company shares	For	For	Management
12	Approve to renew the authority to allot the Company’s shares, conferred on the Directors	For	For	Management
S13	Approve, subject to the passing of Resolution 12, to renew the power conferred on the Directors pursuant to Paragraph 10.3 (b) of Article 10 of the Companys Articles of Association for the period referred to in that resolution	Against	Against	Management
S14	Approve to renew the power conferred on the Directors.	Against	Against	Management

BUSINESS POST GROUP PLC

Ticker:	GB;BPG	Security ID:	GB0001576163
Meeting Date:	JUL 10, 2003	Meeting Type:	Annual
Record Date:	JUN 11, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and consider the Directors’ report and the accounts for the YE 31 MAR 2003	For	For	Management
2	Declare a final dividend of 11.3p net per ordinary share for the YE 31 MAR 2003 payable on 24 Jul 2003 to the holders of 27 Jun 2003	For	For	Management
3	Consider and approve the remuneration report of the Directors	For	For	Management
4	Re-elect Mr. Dennis Clark as a Director	For	For	Management
5	Re-elect Mr. Peter Fitzwilliam as a Director	For	For	Management
6	Re-elect Mr. Peter Kane as a Director	For	For	Management
7	Appoint PricewaterhouseCoopers LLP as the Auditor and authorize the Directors to determine their renumeration	For	For	Management
8	Authorize the Directors to allot relevant securities Section 80 (2) up to an aggregate nominal amount of GBP 1,689,498	For	For	Management
s.9	Authorize the Directors to allot equity secruities without preemptive rights up to an aggregate nominal amount of GBP 265,525	For	For	Management
s.10	Authorize repurchase of up to 5,310,501 ordinary shares of 10p each in the capital of the company	For	For	Management

BUSINESS POST GROUP PLC SHS

Ticker:	GB;BPG	Security ID:	GB0001576163
Meeting Date:	JUL 10, 2003	Meeting Type:	Extraordinary
Record Date:	JUN 26, 2003

#		Proposal		Mgt Rec		Vote Cast		Sponsor
1		Authorize the Directors of the Company to amend the rules of the Executive Share Option Scheme 2001 required to maintain regulatory and other approvals to the Scheme.		For		For		Management

CAMAIEU SA, ROBAIX ACT.

Ticker:	FR;CAMA	Security ID:	FR0004008209
Meeting Date:	JUN 23, 2004	Meeting Type:	Ordinary
Record Date:	JUN 1, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the Executive Committee’s, the Supervisory Board’s, the Chairman of the Supervisory Board’s and the Auditors’ reports, approve the annual accounts, grant permanent discharge to the Members of the Executive Committee.	FOR	FOR	Management
2	Receive Executive Committee’s report inc. the report for the Group and the Auditors’ report on consolidated accounts, approve the 2003 consolidated accounts, showing a turnover of EUR 363,631,144.00 and a net profit group share of EUR 36,956,241.00	FOR	FOR	Management
3	Approve the special Auditors’ report, in accordance with the provisions of Articles L.225-86 and following of the French Commercial Law	FOR	FOR	Management
4	Approve the appropriation of the profits for the FY EUR 27,819,445.00	FOR	FOR	Management
5	Renew the terms of office of Messrs. Jean-Pierre Torck, Jean-Paul Giraud, Marion Torck, Guillaume Torck as Members of the Supervisory Board for 6 years	FOR	FOR	Management
6	Grant all powers to the bearer of a copy or an extract of the minutes of the present in order to accomplish all deposits and publications which are prescribed by law	FOR	FOR	Management

CAMAIEU SA, ROUBAIX ACT

Ticker:	FR;CAMA	Security ID:	FR0004008209
Meeting Date:	JAN 6, 2004	Meeting Type:	Mixed
Record Date:	DEC 17, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
O1	Authorize the Executive Committee to trade the Company’s shares on the stock exchange.	For	For	Management
E2	Delegate the Executive Committee all powers to grant to the benefit of members to be chosen by it, stock options granting the right to purchase the Company’s shares of a par value of 3 pct each.	For	For	Management
E3	Delegate all powers to the Executive Committee to proceed, in France or abroad, with the issue of cash in shares reserved to employees members of Company savings plan, for a maximum nominal amount of 1 pct.	For	For	Management
O4	Approve reduction in share capital via cancellation of repurchased shares within a limit of 10 pct over a 24-month period.	For	For	Management
O5	Grant all powers to the bearer of a copy or an extract of the minutes of the present in order to accomplish all deposits and publications which are prescribed by law	For	For	Management

CARE UK PLC (FORMERLY ANG SHS)

Ticker:	GB;CUK	Security ID:	GB0001766558
Meeting Date:	FEB 3, 2004	Meeting Type:	Annual
Record Date:	JAN 15, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and adopt the audited financial statements and the report of the Directors for the YE 30 SEP 2003	For	For	Management
2	Declare a final dividend of 1.90p per ordinary share for the YE 30 SEP 2003	For	For	Management
3	Re-elect Ms. L. James as a Director, who retires by rotation in accordance with Article 106 of the Company’s Articles of Association	For	For	Management
4	Re-elect Mr. F. Ternofsky as Director, who retires by rotation in accordance with Article 106 of the Company’s Articles of Association	For	For	Management
5	Re-appoint KPMG Audit PLC as the Auditors to the Company and authorize the Directors to determine their remuneration	For	For	Management
6	Approve the remuneration report for the YE 30 SEP 2003	For	For	Management
7	Authorize the Directors to allot, grant options over, offer or otherwise deal with or dispose of relevant securities Section 80 of the Companies Act 1985 up to an aggregate nominal amount of GBP 1,682,247.	For	For	Management
S.8	Authorize the Directors, subject to the passing of Resolution 7 and pursuant to Section 95 of the Companies Act 1985, to allot equity securities Section 94 for cash.	For	For	Management
9	Authorize the Company to repurchase up to 10% of issued share capital.	For	For	Management
10	Amend the Company’s Articles of Association by replacing figures in the first sentence in Article 86 and by deleting the word “Auditor” in the first sentence of Article 159.1	For	For	Management

CARE UK PLC (FORMERLY ANG SHS)

Ticker:	GB;CUK	Security ID:	GB0001766558
Meeting Date:	JUL 31, 2003	Meeting Type:	Extraordinary
Record Date:	JUL 16, 2003

#		Proposal		Mgt Rec		Vote Cast		Sponsor
2		Approve the Care UK Plc Employee Share Option Scheme ESOS, authorize the Directors of the Company to do all other acts and things necessary or in the opinion of the Directors or a duly authorized Committee of the Directors desirable.		For		For		Management

CARE UK PLC (FORMERLY ANG SHS)

Ticker:	GB;CUK	Security ID:	GB0001766558
Meeting Date:	JUL 31, 2003	Meeting Type:	Extraordinary
Record Date:	JUL 16, 2003

#		Proposal		Mgt Rec		Vote Cast		Sponsor
1		Approve the Care UK Long Term Incentive Plan LTIP,authorize the Directors of the Company to do all other acts and things necessary or in the opinion of the Directors or a duly authorized Committee of the Directors in order to establish the LTIP.		For		For		Management

CENTRAL EUROPEAN DISTRIBUTION CORPORATION

Ticker:	CEDC	Security ID:	US1534351028
Meeting Date:	MAY 3, 2004	Meeting Type:	Annual
Record Date:	MAR 12, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1.1	Elect Director William V. Carey	For	For	Management
1.2	Elect Director David Bailey	For	For	Management
1.3	Elect Director N. Scott Fine	For	For	Management
1.4	Elect Director Tony Housh	For	For	Management
1.5	Elect Director Robert P. Koch	For	For	Management
1.6	Elect Director Jan W. Laskowski	For	For	Management
1.7	Elect Director Richard Roberts	For	For	Management
2	Increase Authorized Common Stock	For	For	Management
3	Ratify Auditors	For	For	Management

CEREP SA, CELLE L EVESCAU ACT

Ticker:	FR;CERE	Security ID:	FR0004042232
Meeting Date:	JUN 21, 2004	Meeting Type:	Mixed
Record Date:	MAY 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
O.1	Receive the Board of Directors’ and the Auditor’s reports, and approve the accounts and grant permanent discharge to the Directors.	FOR	FOR	Management
O.2	Approve the Board of Directors’ report for the Group and the Auditors’ report on consolidated accounts and the consolidated accounts for the FY 2003	FOR	FOR	Management
O.3	Approve the appropriation of profits as follows: prior retained earnings: EUR (-) 1,466,740.00; profits for the FY: EUR 404,988.00; balance carried forward:EUR (-) 1,061,752.00	FOR	FOR	Management
O.4	Approve the Special Auditor’s report, in accordance with the provisions of Article L.225-38 and followings of the French Commercial Law	FOR	FOR	Management
O.5	Authorize the Board of Directors to trade the Company shares, maximum number of shares to be traded 10%. Authority expires at the end of 18 months.	FOR	FOR	Management
O.6	Approve to allocate EUR 100,000.00 to the Board of Directors as attendance fees	FOR	FOR	Management
E.7	Authorize the Board of Directors to decrease the share capital by cancelling the shares held by the Company in connection with a Stock Repurchase Plan, within a limit of 10%	FOR	FOR	Management
O.8	Grant all powers to the bearer of a copy or an extract of the minutes of the present to accomplish all deposits and publications prescribed by law	FOR	FOR	Management

CHARLES TAYLOR CONSULTING SHS

Ticker:	GB;CTR	Security ID:	GB0001883718
Meeting Date:	JAN 16, 2004	Meeting Type:	Extraordinary
Record Date:	JAN 5, 2004

#		Proposal		Mgt Rec		Vote Cast		Sponsor
1		Approve to increase the limit on the aggregate principal amount permitted to be outstanding from GBP 15 million to GBP 40 million.		FOR		FOR		Management

CHARLES TAYLOR CONSULTING SHS

Ticker:	GB;CTR	Security ID:	GB0001883718
Meeting Date:	MAY 7, 2004	Meeting Type:	Annual
Record Date:	APR 1, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the Directors’ report and accounts for the year to 31 DEC 2003	FOR	FOR	Management
2	Declare a final dividend of 4.93p per share	FOR	FOR	Management
3	Re-elect Mr. J.S.M. Rowe as a Director	FOR	FOR	Management
4	Re-elect Mr. R.J.W. Titley as a Director	FOR	FOR	Management
5	Re-elect Mr. M.A. Knight as a Director	FOR	FOR	Management
6	Re-elect Mr. M.C. Dean as a Director	FOR	FOR	Management
7	Re-elect Mr. S.A. Clarke as a Director	FOR	FOR	Management
8	Re-appoint Deloitte & Touche LLP as the Auditors of the Company and authorize the Directors to fix the Auditors’ remuneration	FOR	FOR	Management
9	Approve the report of the Remuneration Committee	FOR	FOR	Management
S.10	Approve the new Articles of Association	FOR	FOR	Management
11	Approve, for the purpose of the Section 80 the GBP amount 121,049; Authority expires the earlier of the AGM of the Company for 2005 or in 15 months	FOR	FOR	Management
S.12	Approve, for the purpose of the Section 89 the GBP amount 18,157; Authority expires the earlier of the AGM of the Company for 2005 or in 15 months	FOR	FOR	Management

CLEAR MEDIA LTD SHS

Ticker:	HK;0100	Security ID:	BMG219901094
Meeting Date:	MAY 28, 2004	Meeting Type:	Annual
Record Date:	MAY 20, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and approve the audited financial statements and the reports of the Directors and of the Auditors for the YE 31 DEC 2003	FOR	FOR	Management
2	Re-elect the retiring Directors, who retire by rotation and authorize the Board of Directors to fix the Directors’ remuneration	FOR	FOR	Management
3	Appoint the Auditors and authorize the Board of Directors to fix their remuneration	FOR	FOR	Management
4	Authorize the Directors to purchase shares not exceeding 10% of the aggregate nominal amount of the share capital of the Company in issue.	FOR	FOR	Management
5	Authorize the Directors to allot, issue and deal with additional shares and make or grant offers, agreements and options during and after the relevant period, not exceeding 20% of the aggregate nominal amount of the share capital of the Company in issue.	FOR	FOR	Management
6	Approve to add the aggregate nominal amount of shares purchased pursuant to the authority under Resolution 5, to the aggregate nominal amount of share capital that may be allotted pursuant to resolution 4	FOR	FOR	Management

CLEAR MEDIA LTD SHS

Ticker:	HK;0100	Security ID:	BMG219901094
Meeting Date:	MAY 28, 2004	Meeting Type:	Special
Record Date:	MAY 21, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve to grant options to Mr. Han Zi Jing.	FOR	FOR	Management
S.2	Amend Bye-laws 1, 2, 6, 43 (1) (a), 44, 51, 76, 84 (2), 88, 89 (1), 103, 153, 160 and 161 (b)	FOR	FOR	Management

COBHAM PLC. SHS

Ticker:	GB;COB	Security ID:	GB0003430062
Meeting Date:	JUN 16, 2004	Meeting Type:	Annual
Record Date:	APR 23, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the reports of the Directors and the Auditors and the audited financial statements	FOR	FOR	Management
2	Approve the Directors’ remuneration report	FOR	FOR	Management
3	Declare a final ordinary dividend	FOR	FOR	Management
4	Re-appoint Mr. A.E Cook as a Director	FOR	FOR	Management
5	Re-appoint Mr. G.C Cooper as a Director	FOR	FOR	Management
6	Re-appoint Mr. W.G Tucker as a Director	FOR	FOR	Management
7	Re-appoint Mr. A.J Stevens as a Director	FOR	FOR	Management
8	Re-appoint Mr. M. Beresford as a Director	FOR	FOR	Management
9	Re-appoint PricewaterhouseCoopers LLP as the Auditors of the Company to hold office until the conclusion of the next general meeting at which accounts are laid before the Company and that their remuneration be determined by the Directors	FOR	FOR	Management
10	Approve a summary of the principal terms and authorize, the Directors to make such modifications to establish such schedules to the Scheme in relation to employees in jurisdictions outside the UK.	FOR	FOR	Management
11	Approve a summary of the principal terms and authorize, the Directors to make such modifications to establish such schedules to the Scheme in relation to employees in jurisdictions outside the UK.	FOR	FOR	Management
12	Approve the fee paid to the each Directors for his services up to GBP 25,000 per annum under the Article 94 be increased to up to GBP 35,000 per annum	FOR	FOR	Management
13	Authorize the Directors to allot relevant securities up to an aggregate amount of GBP 9,156,161	FOR	FOR	Management
S.14	Authorize the Directors to allot equity securities limited to the allotment a) in connection with rights issue, open offer or other offers in favor of ordinary shareholders; and b) up to an aggregate nominal amount of GBP 1,391,191.	FOR	FOR	Management

COMFORTDELGRO CORPORATION SHS

Ticker:	SG;CD	Security ID:	SG1N31909426
Meeting Date:	APR 29, 2004	Meeting Type:	Annual
Record Date:	APR 14, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and adopt the Directors’ report and the audited accounts for the FYE 31 DEC 2003 together with the Auditors’ report	FOR	FOR	Management
2	Declare a final dividend of 12.25% per share less income tax for the YE 31 DEC 2003	FOR	FOR	Management
3	Approve the payment of Directors’ fees of SGD 377,891 for the YE 31 DEC 2003	FOR	FOR	Management
4	Re-elect Mr. Lim Jit Poh as a Director	FOR	FOR	Management
5	Re-elect Mr. Kua Hong Pak as a Director	FOR	FOR	Management
6	Re-elect Mr. Tow Heng Tan as a Director	FOR	FOR	Management
7	Re-elect Mr. David Wong Chin Huat as a Director	FOR	FOR	Management
8	Re-appoint Meesrs Deloitte and Touche as the Auditors and authorize the Directors to fix their remuneration	FOR	FOR	Management
9	Transact any other ordinary business	None	FOR	Management
10	Authorize the Directors to allot shares not exceeding 50% of the issued share capital of the Company.	FOR	FOR	Management
11	Authorize the Directors to allot time to time number of share in the Company provided that the aggregate number of shares to be issued not exceed 15% of the total issued share capital of the Company.	FOR	FOR	Management

COMPUTERSHARE LIMITED CPU SHS

Ticker:	AU;CPV	Security ID:	AU000000CPU5
Meeting Date:	NOV 11, 2003	Meeting Type:	Annual
Record Date:	OCT 24, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1a	Re-elect Ms. P. J. Maclagan as a Director of the Company	For	For	Management
1b	Re-elect Mr. A. N. Wales as a Director of the Company	For	For	Management
1c	Re-elect Mr. T. Butler as a Director of the Company	For	For	Management
1d	Re-elect Mr. W. E. Ford as a Director of the Company	For	For	Management
2	Approve to increase the maximum annual amount of Directors’ remuneration available be paid to all Non-Executive Directors in aggregate by AUD 250,000 from AUD 500,000 to AUD 750,000	For	For	Management

CONSORCIO ARA SA DE CV SHS

Ticker:	MX;ARA	Security ID:	MXP001161019
Meeting Date:	APR 22, 2004	Meeting Type:	Ordinary
Record Date:	APR 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive the annual inform of the Board, the financial statement as of 31 DEC 2003 and the Commissioner’s inform	FOR	FOR	Management
2	Approve the resolution on application of results	FOR	FOR	Management
3	Approve the Auditors annual report	FOR	FOR	Management
4	Ratify or designate the Members of the Board including Advisors and other officials from other Committees	FOR	FOR	Management
5	Approve the resolution on the amount that can be designated to repurchase shares according to current legislation	FOR	FOR	Management
6	Approve the designation of special delegates	FOR	FOR	Management

CONSORCIO ARA SA DE CV SHS

Ticker:	MX;ARA	Security ID:	MXP001161019
Meeting Date:	OCT 20, 2003	Meeting Type:	Mixed
Record Date:	OCT 10, 2003

#	Proposal	Mgt Rec	Vote Cast	Sponsor
O1	Approve to designate new alternate Members to compose the Board of Directors	For	For	Management
O2	Approve to designate special delegates to execute and formalize the resolutions adopted by the meeting	For	For	Management
E1	Approve to amend the Company By-laws in order to comply with the ‘general resolutions applicable to securities issuers and all other securities market players’, published in the Federal Official Gazette on 19 MAR 2003	For	For	Management
E2	Approve to designate special delegates to execute and formalize the resolutions adopted by the meeting	For	For	Management

CORTEFIEL SA SHS

Ticker:	ES;CTF	Security ID:	ES0124254311
Meeting Date:	APR 23, 2004	Meeting Type:	Ordinary
Record Date:	APR 16, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect the Members of the Board	FOR	FOR	Management
2	Grant authority to execute passed resolutions	None	Did Not Vote	Management
3	Approve the minutes of the meeting	None	Did Not Vote	Management

CORTEFIEL SA SHS

Ticker:	ES;CTF	Security ID:	ES0124254311
Meeting Date:	JUN 24, 2004	Meeting Type:	Ordinary
Record Date:	JUN 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Review and approve, if appropriate, the annual report, balance sheet, profit and loss account and the Management report of Cortefiel S.A and its consolidated Group, all the afore mentioned to the FY from 01 MAR 2003 to 29 FEB 2004	For	Did Not Vote	Management
2	Approve to allocate the earnings of the mentioned FY	For	Did Not Vote	Management
3	Approve, if appropriate, the performance of the Board of Directors related tothe FY from 01 MAR 2003 to 29 FEB 2004	For	Did Not Vote	Management
4	Re-elect the accounts Auditors of Cortefiel S.A and its consolidated Group forthe FY 2004 and 2005	For	Did Not Vote	Management
5	Grant authority the Board to acquire its treasury stock, within the legal requirements and limits, canceling the previous authorization granted to the Board	For	Did Not Vote	Management
6	Approve, if appropriate, the regulation of the AGM	For	Did Not Vote	Management
7	Amend the Articles 8,11,31,33,38 and 40 of the Corporate By-Laws	For	Did Not Vote	Management
8	Adopt the faculties to the Board to raise to public deed	For	Did Not Vote	Management
9	Approve to report the general meeting about the regulation of the Board of Directors	For	Did Not Vote	Management
10	Approve the minutes of the meeting or if appropriate, appoint the Inspectors for this purposes	For	Did Not Vote	Management

DAITO TRUST CONSTRUCTION SHS

Ticker:	JP;1878	Security ID:	JP3486800000
Meeting Date:	JUN 29, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 30, Final JY 33, Special JY 0	For	Did Not Vote	Management
2	Authorize Share Repurchase Program	For	Did Not Vote	Management
3	Amend Articles to: Amend Articles to: Decrease Authorized Capital to Reflect Share Repurchase - Authorize Share Repurchases at Board’s Discretion - Limit Directors’ and Internal Auditors’ Legal Liability	For	Did Not Vote	Management
4	Elect Director	For	Did Not Vote	Management
5.1	Appoint Internal Statutory Auditor	For	Did Not Vote	Management
5.2	Appoint Internal Statutory Advisor	For	Did Not Vote	Management
6	Approve Retirement Bonuses for Director and Statutory Auditor	For	Did Not Vote	Management
7	Approve Executive Stock Option Plan	For	Did Not Vote	Management
8	Approve Amendment to Stock Option Plan Approved at 2001 AGM	For	Did Not Vote	Management

DATAMIRROR CORPORATION

Ticker:	DMC.	Security ID:	237926100
Meeting Date:	JUN 10, 2004	Meeting Type:	Annual
Record Date:	MAY 3, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect P. Kirk Dixon, Donald Lenz, Bryan Plug, Keith Powell, Nigel Stokes, E. Herman Wallenburg and Donald Woodley as Directors	For	For	Management
2	Appoint Ernst & Young LLP as Auditors and Authorize Board to Fix Remuneration of Auditors	For	For	Management

DAVIDE CAMPARI - MILANO S AZ.

Ticker:	IT;CPR	Security ID:	IT0003101612
Meeting Date:	APR 29, 2004	Meeting Type:	Mixed
Record Date:	APR 28, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
O1	Approve the balance sheet reports as of 31 DEC 2003	FOR	FOR	Management
O2	Appoint the Board of Directors	FOR	FOR	Management
O3	Appoint the Internal Auditors	FOR	FOR	Management
O4	Appoint the External Auditors	FOR	FOR	Management
O5	Grant authority to buy or sell own shares	FOR	FOR	Management
E1	Approve the new By-laws to reflect legislative decree No. 6/2003	FOR	FOR	Management
E2	Approve the merger by incorporation project of Crodo S.P.A. into Campari	FOR	FOR	Management

DE LONGHI SPA, TREVISO AZ.

Ticker:	IT;DLG	Security ID:	IT0003115950
Meeting Date:	APR 28, 2004	Meeting Type:	Mixed
Record Date:	APR 2, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
O.1	Approve the balance sheet reports; the Board of Directors’ and the Internal Auditors’ reports and the External Auditors reports.	FOR	FOR	Management
O.2	Approve to renew the Board of Directors, after stating their number to the state the emoluments	FOR	FOR	Management
O.3	Approve to renew the Internal Auditors due to their office expiration and to state the emoluments	FOR	FOR	Management
O.4	Appoint External Auditors for the years 2004/2005/20006 as per Legislative Decree No. 58/1998 and related updated	FOR	FOR	Management
O.5	Approve to buy and dispose of own shares, as per Article 2357 of the Italian Civil Code	FOR	FOR	Management
E.1	Amend the By-laws, in order to reflect Legislative Decree No. 6/2003 Company Law Reform and appoint the Auditors by Slate Voting	FOR	FOR	Management

DEPFA BANK PLC, DUBLIN SHS

Ticker:	DE;DEPF	Security ID:	IE0072559994
Meeting Date:	APR 26, 2004	Meeting Type:	Annual
Record Date:	APR 9, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Received the financial statements and annual report for the FY 2003	For	Did Not Vote	Management
2	Approve the payment of a final dividend on the ordinary shares	For	Did Not Vote	Management
3	Elect the Board of Directors	For	Did Not Vote	Management
4	Authorize Board of Directors to determine the remuneration on for the Auditors	For	Did Not Vote	Management
5	Approve to replace 10-for-1 stock split, each ordinary EUR 3 share by 10 ordinary EUR 0.30 shares	For	Did Not Vote	Management
6	Approve to increase the authorized capital from EUR 130,000,002 to EUR 130,100,002	For	Did Not Vote	Management

DEUTSCHE BETEILIGUNGS AG AKT.

Ticker:	DE;DBA	Security ID:	DE0005508105
Meeting Date:	MAR 18, 2004	Meeting Type:	Annual
Record Date:	FEB 13, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the financial statements and annual report for the 2002/2003 financial year with the report of the Supervisory Board, the Group financial statements and Group annual report	For	Did Not Vote	Management
2	Approve the appropriation of the distrib. Profit of EUR 7,752,005.96 as follows: EUR 7,752,005.96 shall be carried forward	For	Did Not Vote	Management
3	Ratify the acts of the Board of Managing Directors	For	Did Not Vote	Management
4	Ratify the acts of the Supervisory Board	For	Did Not Vote	Management
5	Appoint auditors for the 2003/2004 financial year: KPMG, Frankfurt	For	Did Not Vote	Management
6	Elect the Supervisory Board	For	Did Not Vote	Management
7	Authorize repurchase of up to 10% of issued share capital.	For	Did Not Vote	Management
8	Approve Supervisory Board remuneration: From 2003/2004 on.	For	Did Not Vote	Management
9	Amend the Articles of Association in respect of the use of electronic means of communication for the issue of proxy-voting instructions	For	Did Not Vote	Management

DRAKE BEAM MORIN-JAPAN IN SHS

Ticker:	JP;4688	Security ID:	JP3741100006
Meeting Date:	JUN 24, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 80, Special JY 0	For	For	Management
2	Approve Stock-Swap Merger Agreement with Meitec Corp.	For	For	Management
3.1	Elect Director	For	For	Management
3.2	Elect Director	For	For	Management
3.3	Elect Director	For	For	Management
3.4	Elect Director	For	For	Management
4	Approve Retirement Bonus for Director	For	For	Management

ENERFLEX SYSTEMS LTD.

Ticker:	EFX.	Security ID:	29265B104
Meeting Date:	APR 15, 2004	Meeting Type:	Annual/Special
Record Date:	MAR 12, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Elect P. J. Aldred, P. D. Daniel, M. A. Grandin, D. J. Haughey, G. F. Hyland, J. R. King, J. N. Ross, B. J. Sparrow and R. C. Williams as Directors	For	For	Management
2	Ratify Deloitte & Touche LLP as Auditors	For	For	Management
3	Amend Stock Option Plan	For	For	Management

ENESERVE CORP, OSAKA SHS

Ticker:	JP;6519	Security ID:	JP3165770003
Meeting Date:	JUN 16, 2004	Meeting Type:	Annual
Record Date:	MAR 31, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve the profit appropriation for No. 39 term: dividends for the current term as JPY 35 per share	FOR	FOR	Management
2	Amend the Company’s Articles of Incorporation: the term of office for the Director has been changed to 1 year from the present 2 years; the Company will be allowed to purchase its own shares upon Board resolution.	FOR	FOR	Management
3.1	Elect Mr. Isao Fukao as a Director	FOR	FOR	Management
3.2	Elect Mr. Naohiro Horiguchi as a Director	FOR	FOR	Management
3.3	Elect Mr. Yoshio Kinoshita as a Director	FOR	FOR	Management
3.4	Elect Mr. Isamu Hayashi as a Director	FOR	FOR	Management
3.5	Elect Mr. Akio Kawaguchi as a Director	FOR	FOR	Management
3.6	Elect Mr. Masaake Matsuo as a Director	FOR	FOR	Management
3.7	Elect Mr. Ryouzou Tazeki as a Director	FOR	FOR	Management
3.8	Elect Mr. Toshirou Nishino as a Director	FOR	FOR	Management
3.9	Elect Mr. Mamoru Kume as a Director	FOR	FOR	Management
3.1	Elect Mr. Yoshirou Yamamoto as a Director	FOR	FOR	Management
3.11	Elect Mr. Shuuichi Furuno as a Director	FOR	FOR	Management
4.1	Elect Mr. Kiyoshi Kotera as a Statutory Auditor	FOR	FOR	Management
4.2	Elect Mr. Kiyoshi Hoshide as a Statutory Auditor	FOR	FOR	Management
4.3	Elect Mr. Keiki Kamegaya as a Statutory Auditor	FOR	FOR	Management
4.4	Elect Mr. Hiromichi Kitade as a Statutory Auditor	FOR	FOR	Management
5	Grant retirement allowances to retired Directors Messrs Nobushige Araki, Toshiyuki Yamamoto, Nobuo Fukao, Hiromichi Kameyama, Takuo Okazaki and Hiromichi Kitade according to the Company rule	FOR	ABSTAIN	Management
6	Approve the revision of remuneration for Directors and Statutory Auditors: the remunerations for Directors will be revised to JPY 650,000,000 a year from JPY 700,000,000 or less at present, and that for Statutory Auditors will be revised to JPY 110,000,00	FOR	FOR	Management

ESPRIT EXPL LTD

Ticker:	EEE.	Security ID:	29666K109
Meeting Date:	MAY 13, 2004	Meeting Type:	Annual/Special
Record Date:	APR 8, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Approve Auditors and Authorize Board to Fix Remuneration of Auditors	For	For	Management
2	Fix Number of Directors	For	For	Management
3	Elect George W. Watson, Donald R. Gardner, Kyle D. Kitawaga, John E. Panneton, D. Michael G. Stewart, Stephen J. Savidant as Directors	For	For	Management
4	Adopt New By-Law No. 1	For	For	Management

FAIRBORNE ENERGY LTD (FORMERLY PIVOTAL ENERGY LTD)

Ticker:	FEL	Security ID:	303626105
Meeting Date:	JUN 2, 2004	Meeting Type:	Annual/Special
Record Date:	APR 26, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Fix Number of Directors at six	For	For	Management
2	Elect Richard A. Walls, Gary F. Aitken, Donald J. Nelson, Michael E.J. Phelps, David L. Summers, and Rodney D. Wimer as Directors	For	For	Management
3	Appoint Auditors and Authorize Board to Fix Remuneration of Auditors	For	For	Management
4	Amend Stock Option Plan	For	For	Management

FININFO SA, PARIS ACT

Ticker:	FR; FIN	Security ID:	FR0000039075
Meeting Date:	MAY 26, 2004	Meeting Type:	Ordinary
Record Date:	APR 29, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Acknowledge the Board of Directors report and the general Auditors report and approve the accounts and the balance sheet for the FY 2003	FOR	FOR	Management
2	Approve the appropriation of the profits for the FY: EUR 24,859,289.08	FOR	FOR	Management
3	Acknowledge the consolidated accounts the Board of Directors report for the Group is included in the Board of Directors report	FOR	FOR	Management
4	Approve the Special Auditors report, in accordance with the provisions of Article L.225-38 French Commercial Code	FOR	FOR	Management
5	Grant discharge to the Directors for the completion of their assignment for the current year	FOR	FOR	Management
6	Approve to allot an amount of EUR 5,000.00 to the Board of Directors Membersas attendance fees	FOR	FOR	Management
7	Appoint Mr. Dominique Leblanc as a Director for 6 years	FOR	FOR	Management
8	Grant all powers to the bearer of a copy or an extract of the minutes of the present to accomplish all deposits and publications prescribed by law	FOR	FOR	Management

FRENCH CONNECTION GROUP P SHS

Ticker:	GB;FCCN	Security ID:	GB0033764746
Meeting Date:	MAY 5, 2004	Meeting Type:	Annual
Record Date:	APR 7, 2004

#	Proposal	Mgt Rec	Vote Cast	Sponsor
1	Receive and adopt the audited accounts and the report of the Directors and the Auditors for the FYE 31 JAN 2004	FOR	FOR	Management
2	Approve the Directors’ remuneration report for the FYE 31 JAN 2004	FOR	FOR	Management
3	Re-elect Mr. Neil Williams as a Director of the Company, who retires in accordance with the provisions of the Articles of Association of the Company	FOR	FOR	Management
4	Declare a final dividend in respect of the YE 31 JAN 2004 at the rate of 2.25p per ordinary share payable on 06 JUL 2004 to holders registered on 19 MAR 2004	FOR	FOR	Management
5	Re-appoint KPMG Audit PLC as the Auditors and authorize the Directors to determine their remuneration	FOR	FOR	Management
S.6	Authorize the Directors, to allot the authorized but unissued share capital of the Company	FOR	FOR	Management
S.7	Authorize the Directors to allot equity securities Section 94 for cash	FOR	FOR	Management

FRENCH CONNECTION GROUP PLC SHS

Ticker:	GB;FCCN	Security ID:	GB0003528311
Meeting Date:	DEC 4, 2003	Meeting Type:	Extraordinary
Record Date:	NOV 17, 2003

#		Proposal		Mgt Rec		Vote Cast		Sponsor
1		Approve to sub-divide each ordinary share of 5p each in the capital of the Company into 5 ordinary shares of 1p each in the capital of the Company new ordinary shares.		For		For		Management