| Security Name | Ticker | Security ID/CUSIP | Meeting Date | Description of Matter/Proposal | Proposed by Management (M) or Shareholders (S) | Vote? (Yes or No) | Vote For, Against or Abstain | Fund Cast its Vote For or Against Management |
| Investors Financial Services Corp. | IFIN | 461915100 | 04/14/05 | Election of Nominees | M | Yes | For | For |
| To approve the company’s incentive plan | M | Yes | For | For | ||||
| To ratify the selection of the company’s independent public accounting firm for ‘05 | M | Yes | For | For | ||||
| Doral Financial Corp. | DRL | 25811P100 | 04/20/05 | Election of Nominees | M | Yes | For | For |
| Appointment of independent registered public accounting firm | M | Yes | For | For | ||||
| Lyondell Chemical Company | LYO | 552078107 | 05/05/05 | Election of Nominees | M | Yes | For | For |
| Proposal to ratify the appointment of independent registered public accounting firm | M | Yes | For | For | ||||
| Administaff Inc. | ASF | 007094105 | 05/05/05 | Election of Nominees | M | Yes | For | For |
| To approve the amendment and restatement of ’01 incentive plan | M | Yes | For | For | ||||
| Ratification of the appointment of independent auditor for ‘05 | M | Yes | For | For | ||||
| Orbital Sciences Corporation | ORB | 685564106 | 04/28/05 | Election of Nominees | M | Yes | For | For |
| To approve the adoption of the Orbital Sciences Corp ’05 stock incentive plan | M | Yes | For | For | ||||
| To ratify the appointment of the company’s independent auditors for ‘05 | M | Yes | For | For | ||||
| Astoria Financial Corp. | AF | 046265104 | 05/18/05 | Election of Nominees | M | Yes | For | For |
| The approval of the changes of the stock incentive plan | M | Yes | For | For | ||||
| The ratification of the appointment of Ind. Reg. public accounting firm for ‘05 | M | Yes | For | For | ||||
| Cephalon Inc. | CEPH | 156708109 | 05/18/05 | Election of Nominees | M | Yes | For | For |
| Ratification of appointment of Ind. Reg. public accountants for “05 | M | Yes | For | For | ||||
| Urban Outfitters Inc. | URBN | 917047102 | 05/24/05 | Election of Nominees | M | Yes | For | For |
| The amendment of the company’s 2004 stock incentive plan | M | Yes | For | For | ||||
| The adoption of the Urban Outfitters Executive Incentive Plan | M | Yes | For | For | ||||
| Tsakos Energy Navigation Ltd | TNP | G9108L108 | 05/25/05 | Election of Nominees | M | Yes | For | For |
| Approval of financial statements together with auditor’s report | M | Yes | For | For | ||||
| Ratification of auditors | M | Yes | For | For | ||||
| Increase of the authorized share capital of the company | M | Yes | For | For | ||||
| Authorization of the remuneration of directors | M | Yes | For | For | ||||
| Community Health Systems Inc. | CYH | 203668108 | 05/25/05 | Election of nominees | M | Yes | For | For |
| Proposal to approve the changes of the Community Health Systems stock option award plan | M | Yes | For | For | ||||
| Proposal to ratify the selection of the company’s independent accountants for ‘05 | M | Yes | For | For | ||||
| Stockholder proposal entitled stock option expensing | S | No | Against | For | ||||
| Jones Lang Lasalle Inc. | JLL | 48020Q107 | 05/26/05 | Elections of Nominees | M | Yes | For | For |
| Ratification of the appointment of an independent registered public accounting firm for ‘05 | M | Yes | For | For | ||||
| To approve a proposed amendment for the stock award and incentive plan | M | Yes | For | For | ||||
| To approve a proposal by our board of directors to amend the JLL Art. Of Inc. | M | Yes | For | For | ||||
| Noerthern Dynasty Minerals Ltd. | NAK | 66510M204 | 07/04/05 | Election of Board Nominees | M | Yes | For | For |
| To determine the # of directors at eleven | M | Yes | For | For | ||||
| To appoint accountants as auditor of the company | M | Yes | For | For | ||||
| To authorize the directors to fix the auditors renumeration | M | Yes | For | For | ||||
| To approve a special resolution to remove the pre-existing company provisions | M | Yes | For | For | ||||
| To approve a special resolution to adopt new articles | M | Yes | For | For | ||||
| To increase the share options plan | M | Yes | For | For | ||||
| To transact such other business as may properly come before the meeting | M | Yes | For | For | ||||
| IShares S&P Midcap 400 Index Fund | IJH | 464287507 | 07/14/05 | Election of nominees | M | Yes | For | For |
| To approve the modification or elimination of certain funds fundamental investment policies regarding senior securities | M | Yes | For | For | ||||
| To approve the modification or elimination of certain funds fundamental investment policies regarding loans | M | Yes | For | For | ||||
| To approve a change in the classification of certain funds investment objectives from fundamental investment policies to non-fundamental inv. policies | M | Yes | For | For | ||||
| To transact such other business as may properly come before the special meeting | M | Yes | For | For | ||||
| IShares Dow Jones US Util Sector Index | IDU | 464287697 | 07/14/05 | Election of nominees | M | Yes | For | For |
| To approve the modification or elimination of certain funds fundamental investment policy regarding senior securities | M | Yes | For | For | ||||
| To approve the modification or elimination of certain funds fundamental investment policy regarding loans | M | Yes | For | For | ||||
| To approve a change in the classification of certain funds investment objectives from fundamental investment policies to non-fundamental investment policies | M | Yes | For | For | ||||
| To transact such other business as may properly come before the special meeting | M | Yes | For | For | ||||
| IShares S&P Global Energy Sect Index | IXC | 464287341 | 07/14/05 | Election of Nominees | M | Yes | For | For |
| To approve the modification or elimination of certain funds fundamental investment policies and restrictions regarding loans | M | Yes | For | For | ||||
| To approve a change in the classification of certain funds investment objectives from fundamental investment policies to non fundamental policies | M | Yes | For | For | ||||
| To transact such other business as may properly come before the special meeting | M | Yes | For | For | ||||
| Satyam Computer Sevices | SAY | 804098101 | 07/22/05 | Approval of the audited balance sheet, and audited profit and loss account | M | Yes | For | For |
| Approval to declare final dividend on equity shares | M | Yes | For | For | ||||
| Approval to re-appoint Director | M | Yes | For | For | ||||
| Approval to appoint auditor of the company | M | Yes | For | For |
