UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-6094
Latin America Equity Fund, Inc.
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(Exact name of registrant as specified in charter)
c/o Credit Suisse Asset Management, LLC
466 Lexington Avenue
New York, New York 10017
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(Address of principal executive offices) (Zip code)
Hal Liebes, Esq.
466 Lexington Avenue
New York, New York 10017
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(Name and address of agent for service)
Registrant's telephone number, including area code: (212) 875-3500
Date of fiscal year end: 12/31
Date of reporting period: July 1, 2003 - June 30, 2004
ITEM 1. PROXY VOTING RECORD
LATIN AMERICA EQUITY FUND, INC.
======================= LATIN AMERICA EQUITY FUND, INC. ========================
APASCO S.A. DE C.V.
Ticker: AASAY Security ID: P04102151
Meeting Date: OCT 7, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Amend Articles For Did Not Management
Vote
2 Designate Inspector or Shareholder For Did Not Management
Representative(s) of Minutes of Meeting Vote
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BANCO BRADESCO SA BRAD
Ticker: Security ID: P1808G117
Meeting Date: MAR 10, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Elect Management Board For For Management
3 Elect Supervisory Board For For Management
4 Approve Remuneration of Directors For For Management
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BANCO DE CHILE
Ticker: Security ID: P0939W108
Meeting Date: MAR 18, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income and For For Management
Dividends of CLP 1.92 Per Share
3 Approve Remuneration of Directors For For Management
4 Approve Budget and Remuneration of Audit For For Management
Committee
5 Approve Auditors For For Management
6 Approve Audit Committee Report For For Management
7 Approve Special Auditors' Report None For Management
Regarding Related-Party Transactions
8 Other Business (Voting) For Against Management
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BANCO ITAU HOLDING FINANCEIRA(FRMLY BANCO ITAU S.A.)
Ticker: Security ID: P1391K111
Meeting Date: APR 28, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Authorize BRL 3.2 Billion Capital For For Management
Increase Via Capitalization of Reserves
2 Cancel 664.3 Million Company Treasury For For Management
Shares
3 Approve 1,000:1 Reverse Stock Split For For Management
4 Approve Increase in Authorized Capital to For For Management
100 Million Ordinary Shares and 100
Million Preference Shares
5 Approve Creation of Audit Committee; Set For For Management
Committee Responsibilities
6 Restructure of Consulting Board and For For Management
International Consulting Committee
7 Amend Articles Re: Changes in Capital, For For Management
Audit Committee, and Restructuring of
Consulting Boards
8 Ammend Incentive Stock Option Plan For Against Management
9 Accept Financial Statements and Statutory For For Management
Reports
10 Approve Allocation of Income For For Management
11 Elect Directors and Supervisory Board For For Management
Members
12 Approve Remuneration of Board Members, For For Management
Executive Officer Board Members,
Consulting Board and International
Consulting Committee Members, and
Supervisory Board Members
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BANCO SANTANDER CHILE (FORMERLY BANCO SANTIAGO )
Ticker: Security ID: P1506A107
Meeting Date: APR 20, 2004 Meeting Type: Special
Record Date: APR 14, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Change Company Name For For Management
2 Authorize Board to Ratify and Execute For For Management
Approved Resolutions
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COLBUN S.A. (FRMRLY. EMPRESA ELECTRICA COLBUN MACHICURA)
Ticker: Security ID: P3615W103
Meeting Date: APR 19, 2004 Meeting Type: Annual
Record Date: APR 12, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Auditor's Report For For Management
2 Accept Financial Statements and Statutory For For Management
Reports
3 Approve Allocation of Income and For For Management
Dividends of CLP 1.9 Per Share
4 Approve Investment and Financing Policy For For Management
5 Approve Dividend and Income Allocation For For Management
Policy
6 Approve Auditors For For Management
7 Elect Supervisory Board and Fix Their For For Management
Remuneration
8 Approve Remuneration of Directors For For Management
9 Accept Report on Audit Committee's For For Management
Performance
10 Approve Budget and Remuneration for Audit For For Management
Committee
11 Special Auditors' Report Regarding None None Management
Related-Party Transactions
12 Other Business (Voting) For Against Management
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COMPANHIA SIDERURGICA NACIONAL (CSN)
Ticker: SID Security ID: P8661X103
Meeting Date: APR 29, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Ratify Correction on Revaluation of For For Management
Assets Approved at 4-29-03 AGM to BRL
10.8 Billion from BRL 10.5 Billion
2 Accept Financial Statements and Statutory For For Management
Reports
3 Approve BRL 1.1 Billion Allocation of For For Management
Income; Approve Distribution of BRL 471.8
Million as Dividends and BRL 245.5
Million as Interest on Capital
4 Approve Capital Budget For For Management
5 Elect Members to Management Board For For Management
6 Approve Annual Global Remuneration of For Against Management
Directors in the Amount of BRL 28 Million
7 Designate Newspaper to Publish Meeting For For Management
Announcements
8 Amend Articles Re: Extend Corporate For For Management
Purpose and Share Capital
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COMPANHIA SOUZA CRUZ
Ticker: Security ID: P26663107
Meeting Date: SEP 12, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Amend Articles Re: Corporate Purpose, New For For Management
Statutory Reserve Text, and Consolidation
of Amended Article
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COMPANIA DE TELECOMUNICACIONES DE CHILE S.A (TELEFONICA)
Ticker: CTC Security ID: 204449300
Meeting Date: JUL 11, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Extraordinary Dividends of CLP For For Management
17.5 Per Share Charged to Retained
Earnings
2 Amend Article 5 to Reflect Changes in For For Management
Capital Due to Capitalization of Share
Premium Account
3 Authorize Board to Ratify and Execute For For Management
Approved Resolutions
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COMPANIA DE TELECOMUNICACIONES DE CHILE S.A (TELEFONICA)
Ticker: CTC Security ID: P3058U127
Meeting Date: APR 15, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income For For Management
3 Elect Two Supervisory Board Members and For For Management
Alternates
4 Approve Deloitte & Touche as Auditors and For For Management
Fix Their Remuneration
5 Appoint 'Fitch Chile' and 'Humphrey's For For Management
Ltda.' as Credit Rating Agencies to Rate
the Company's Publicly Offered
Securities; Fix Their Remuneration
6 Elect Directors amd Deputy Directors For For Management
7 Approve Remuneration of Directors and For For Management
Deputy Directors for Fiscal Year 2004
8 Report Re: Directors' and Audit For For Management
Committee' Expense Account
9 Approve Budget and Remuneration of Audit For For Management
Committee
10 Special Auditors' Report Regarding None None Management
Related-Party Transactions
11 Approve Investment and Financing Policy For For Management
12 Present Dividend Policy for Fiscal Year For For Management
2004
13 Present Report Re: Processing, Printing, For For Management
and Mailing Information Required by
Chilean Law
14 Designate Newspaper (Diario Financiero) For For Management
to Publish Meeting Announcements
15 Other Business (Voting) For Against Management
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CONSORCIO ARA SA
Ticker: CNRFY Security ID: P3084R106
Meeting Date: OCT 20, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Designate Inspector or Shareholder For For Management
Representatuve(s) of Minutes of Meeting
2 Elect Members to Management Board and For For Management
Alternates
3 Amend Articles Re: Compliance With For For Management
Mexican Securities Regulations
4 Designate Inspector or Shareholder For For Management
Representative(s) of Minutes of Meeting
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CONSORCIO ARA SA
Ticker: CNRFY Security ID: P3084R106
Meeting Date: APR 22, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income For For Management
3 Accept Audit Committee Report For For Management
4 Elect Members to Management and For For Management
Supervisory Board; Elect Audit Committee,
Board Secretary, and Their Respective
Alternates
5 Set Aggregate Nominal Amount of Share For For Management
Repurchase Reserve
6 Designate Shareholder Representatives of For For Management
Minutes of Meeting
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CONTROLADORA COMERCIAL MEXICANA S.A.
Ticker: CRRXY Security ID: P3097R168
Meeting Date: MAR 31, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income and For Against Management
Dividends of MXN 0.1115 Per Share
3 Elect Members to Management Board, For For Management
Supervisory Board, Executive Committee
and Audit Committee
4 Approve Remuneration of Directors and For For Management
Supervisory Boards
5 Designate Inspector or Shareholder For For Management
Representative(s) of Minutes of Meeting
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CORPORACION GEO S A DE CV
Ticker: Security ID: P3142C117
Meeting Date: APR 21, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Removal of Poison Pill Approved For For Management
at 8-31-01 EGM
2 Approve Cancellation of Convertible For For Management
Debentures Authorized at EGM on August
31, 2001
3 Cancel Company MXN 50 Million Treasury For For Management
Shares; Approve Reduction in Capital
4 Approve 5:1 Stock Split For For Management
5 Amend Articles For For Management
6 Designate Inspector or Shareholder For For Management
Representative(s) of Minutes of Meeting
7 Approve Minutes of Meeting For For Management
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CRISTALERIAS DE CHILE S.A.
Ticker: CGW Security ID: P33196109
Meeting Date: APR 19, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements, Allocation For For Management
of Income and Distribution of Dividend of
CLP 25.20 Per Share
2 Approve Remuneration of Directors for For For Management
Fiscal Year
3 Elect Audit Committee and Fix Their For For Management
Remuneration
4 Approve External Auditors For For Management
5 Designate Newspaper to Publish Meeting For For Management
Announcements
6 Present Special Auditors' Report None None Management
Regarding Related-Party Transactions
7 Other Business (Voting) For Against Management
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ELETROBRAS, CENTRAIS ELETRICAS BRASILEIRAS S.A.
Ticker: Security ID: P22854122
Meeting Date: MAR 2, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect One Member to Management Board For For Management
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ELETROBRAS, CENTRAIS ELETRICAS BRASILEIRAS S.A.
Ticker: Security ID: P22854122
Meeting Date: APR 30, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income and For For Management
Dividends
3 Elect Supervisory Board Members and For For Management
Alternates
4 Approve Remuneration of Directors, For For Management
Executive Directors, and Supervisory
Board Members
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EMPRESAS CMPC SA(FORMELY COMPANIA MFR. DE PAPELES Y CARTONES
Ticker: Security ID: P3712V107
Meeting Date: APR 30, 2004 Meeting Type: Annual
Record Date: APR 24, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income and For For Management
Dividends
3 Special Auditors' Report Regarding None None Management
Related-Party Transactions
4 Approve Auditors and Risk Assessment For For Management
Companies
5 Approve Remuneration of Directors; For For Management
Approve Budget and Remuneration of Audit
Committee
6 Approve Dividend Policy For For Management
7 Other Business (Voting) For Against Management
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EMPRESAS COPEC (FRMELY COMPANIA DE PETROLEOS DE CHILE S. A.)
Ticker: Security ID: P7847L108
Meeting Date: APR 28, 2004 Meeting Type: Annual
Record Date: APR 22, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income and For For Management
Dividends of CLP 60 Per Share
3 Approve Remuneration of Directors For For Management
4 Approve Remuneration and Budget of Audit For For Management
Committee for 2004 and Expense Report for
2003
5 Approve Auditors For For Management
6 Designate Risk Assessment Companies For For Management
7 Special Auditors' Report Regarding None None Management
Related-Party Transactions
8 Other Business (Voting) For Against Management
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ENERSIS S.A.
Ticker: ENI Security ID: P37186106
Meeting Date: MAR 26, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Amend Articles Re: Re-Establishment of For Against Management
Ownership Concentration Limit
2 Authorization to Pledge Shares of CGTF For Against Management
Fortaleza S.A. Held by Enersis to
Corporacion Financiera Internacional as
Collateral on Debt Assumed by CGTF
Fortaleza S.A.
3 Authorize Board to Ratify and Execute For For Management
Approved Resolutions
4 Accept Financial Statements and Statutory For For Management
Reports
5 Approve Allocation of Income and For For Management
Dividends
6 Approve Remuneration of Directors For For Management
7 Accept Report Re: Board of Directors' For For Management
Expenses
8 Approve Budget and Remuneration of Audit For For Management
Committee
9 Approve Audit Committee Report For For Management
10 Approve External Auditors For For Management
11 Elect Two Supervisory Board Members and For For Management
Two Alternates; Approve Their
Remuneration
12 Approve Investment and Financing Policy For For Management
13 Approve Dividend Policy For For Management
14 Approve Special Auditors' Report None None Management
Regarding Related-Party Transactions
15 Present Report Re: Risk Assessment None None Management
Companies
16 Present Report Re: Processing, Printing, None None Management
and Mailing Information Required by
Chilean Law
17 Other Business (Voting) For Against Management
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ENTEL (EMPRESA NACIONAL DE TELECOMUNICACIONES S.A.)
Ticker: Security ID: P37115105
Meeting Date: APR 27, 2004 Meeting Type: Annual
Record Date: APR 20, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Dividend Policy For For Management
3 Approve Investment and Financing Policy For For Management
4 Elect Directors and Alternates For For Management
5 Approve Remuneration of Directors and For For Management
Alternates
6 Approve Remuneration and Budget for Audit For For Management
Committee
7 Approve Auditors For For Management
8 Designate Risk Assessment Companies For For Management
9 Auditors' Report Regarding Related-Party None None Management
Transactions
10 Designate Newspaper to Publish Meeting For For Management
Announcements
11 Other Business (Voting) For Against Management
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GERDAU S.A.
Ticker: Security ID: P2867P113
Meeting Date: APR 29, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income and For For Management
Dividends
3 Elect Directors and Fix Their For For Management
Remuneration
4 Elect Supervisory Board Members and For For Management
Alternates; Fix Their Respective
Remuneration
5 Ratify Remuneration of Supervisory Board For For Management
for Fiscal Year Ended in 12-31-03
6 Authorize Capitalization of Investment For For Management
and Working Capital Reserves of BRL 1.7
Billion for a Bonus Issue of 51.5 Million
Ordinary Shares and 96.9 Million
Preference Shares
7 Amend Article 4 to Reflect Changes in For For Management
Capital
8 Amend Incentive Stock Option Plan For Against Management
'Programa de Incentivo de Longo Prazo'
Approved at 4-30-03 EGM
9 Cancel 42,000 Debentures (4th Series) and For For Management
6,450 Debentures (10th Series) in
Treasury Approved at 6-10-83 EGM and
2-27-81 EGM Respectively
10 Approve 3:1 Class A and B Debenture Split For Against Management
for Series 3, 7, 8, 9 and 11
11 Re-ratify Incorporation of Assets of For Against Management
Meirelles, Carvalho, Bartilotti SA
Comercio e Industria Approved at 2-26-99
EGM
12 Re-ratify Incorporation of Assets of For Against Management
Gerdau Participacoes Ltda and CEA
Participacoes
13 Codify Amendment to Articles For For Management
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GRUPO FINANCIERO BANORTE S.A.
Ticker: Security ID: P49501201
Meeting Date: OCT 16, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Cash Dividend For For Management
2 Designate Inspector or Shareholder For For Management
Represntative(s) to Execute Dividend
Distribution
3 Approve Minutes of Meeting For For Management
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GRUPO FINANCIERO BANORTE S.A.
Ticker: Security ID: P49501201
Meeting Date: APR 29, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger by Absorption of Generali For Against Management
Mexico - Compania de Seguros S.A., and of
Another Financial Firm
2 Designate Inspector or Shareholder For For Management
Representative(s) of Minutes of Meeting
3 Approve Minutes of Meeting For For Management
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GRUPO FINANCIERO BANORTE S.A.
Ticker: Security ID: P49501201
Meeting Date: APR 29, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income For For Management
3 Elect Members to Management and For For Management
Supervisory Boards
4 Approve Remuneration of Directors and For For Management
Supervisory Board Members
5 Accept Director's Report on Share For For Management
Repurchase Plan; Set Limit for Share
Repurchase Reserve
6 Designate Inspector or Shareholder For For Management
Representative(s) of Minutes of Meeting
7 Approve Minutes of Meeting For For Management
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GRUPO FINANCIERO BBVA BANCOMER
Ticker: Security ID: P49505145
Meeting Date: JAN 7, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Amend Articles Re: Compliance With For For Management
Mexican Market Legislation
2 Designate Two Shareholders to Approve and For For Management
Sign Minutes of Meeting
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GRUPO MEXICO SA DE CV (FM. NUEVA GR. MEXICO SACV)
Ticker: Security ID: P49538112
Meeting Date: APR 30, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Accept Audit Committee Report For For Management
3 Approve Allocation of Income For For Management
4 Elect Members to Management and For For Management
Supervisory Boards and Audit, Executive,
and Remuneration Committees
5 Approve Remuneration of Directors and For For Management
Supervisory Board and Committee Members
6 Authorize Board to Ratify and Execute For For Management
Approved Resolutions
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S.A.C.I. FALABELLA
Ticker: Security ID: P3880F108
Meeting Date: APR 27, 2004 Meeting Type: Annual
Record Date: APR 20, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income For For Management
3 Approve Dividend Policy For For Management
4 Approve Remuneration of Directors For For Management
5 Approve Auditors and Designate Risk For For Management
Assessment Companies
6 Designate Newspaper to Publish Meeting For For Management
Announcements
7 Special Auditors' Report Regarding None None Management
Related-Party Transactions
8 Accept Auditors' Reports For For Management
9 Other Business (Voting) For Against Management
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S.A.C.I. FALABELLA
Ticker: Security ID: P3880F108
Meeting Date: OCT 17, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Authorize Capitalization of Reserves of For For Management
CLP 42.5 Billion
2 Approve Merger Agreement with Inversiones For Against Management
Sodimac SA
3 Approve Merger Balance Sheet For Against Management
4 Approve Sept. 1, 2003 as Effective Date For Against Management
of Merger
5 Issue 417.7 Million Shares in Connection For Against Management
with Merger
6 Amend Articles to Reflect Changes in For Against Management
Capital in Connection with Merger
7 Ratify Statements of Company For Against Management
Representative Re: Company's Financial
Situation and Make Necessary Changes if
Declarations Do Not Match 7-23-03
Agreement or Purchase Option of
Inmobiliaria Prodeco SA
8 Inform Shareholders of Purchase of 13.2 For Against Management
Million Shares of Sodimac SA
(Related-Party Transaction)
9 Change Board Size to Reflect New For Against Management
Ownership Structure
10 Authorize Board to Ratify and Execute For Against Management
Merger
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SABESP, COMPANHIA SANEAMENTO BASICO SAO PAULO
Ticker: Security ID: P8228H104
Meeting Date: OCT 28, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Appoint Firm to Perform Net Equity For For Management
Appraisal of Sistema de Saneamento do
Municipio de Sao Bernardo do Campo
2 Ratify Remuneration of Executive For For Management
Directors, Management Board, and
Suprvisory Board Members
3 Other Business (Voting) For Against Management
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SOCIEDAD QUIMICA Y MINERA DE CHILE SA (SQM)
Ticker: Security ID: P8716X108
Meeting Date: APR 30, 2004 Meeting Type: Annual
Record Date: APR 23, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Auditors For For Management
3 Special Auditors' Report Regarding None None Management
Related-Party Transactions
4 Approve Investment and Financing Policy For For Management
5 Approve Allocation of Income and For For Management
Dividends; Fix Dividend Policy
6 Approve Board Expenses for 2003 For For Management
7 Approve Remuneration of Directors For For Management
8 Issues Related to Audit Committee For Against Management
9 Other Business (Voting) For Against Management
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TELE NORTE LESTE PARTICIPACOES (TELEMAR)
Ticker: Security ID: P9036X117
Meeting Date: MAY 24, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Cancel 2.3 Billion Ordinary Shares and For For Management
4.6 Billion Preference Company's Treasury
Shares Without Reduction in Capital
2 Approve 1000:1 Reverse Stock Split For For Management
3 Grant Authority to Executive Officer For For Management
Board to Ratify and Execute Resolutions
Proposed in Items 1 and 2
4 Amend Articles Re: Changes in Capital, For For Management
Share Capital, Creation of Two New
Directorship Positions, and Executive
Officer Board Absence and Limitation
Policy
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TELE NORTE LESTE PARTICIPACOES (TELEMAR)
Ticker: Security ID: P9036X117
Meeting Date: MAY 13, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Cancel 2.3 Billion Ordinary Shares and For For Management
4.6 Billion Preference Company's Treasury
Shares Without Reduction in Capital
2 Approve 1000:1 Reverse Stock Split For For Management
3 Grant Authority to Executive Officer For For Management
Board to Ratify and Execute Resolutions
Proposed in Items 1 and 2
4 Amend Articles Re: Changes in Capital, For For Management
Share Capital, Creation of Two New
Directorship Positions, and Executive
Officer Board Absence and Limitation
Policy
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TELEMIG CELULAR PARTICIPACOES S.A.
Ticker: Security ID: P9036N119
Meeting Date: APR 14, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income and For For Management
Dividends
3 Elect Management Board For For Management
4 Elect Supervisory Board and Fix Their For For Management
Remuneration
5 Approve Aggregate Remuneration for For For Management
Directors
6 Capitalization of Goodwill Through For For Management
Issuance of Shares and Increase in
Capital
7 Capitalize Retained Earnings in Excess of For For Management
Share Capital
8 Amend Article 5 to Reflect Changes in For For Management
Capital
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TELESP CELULAR PARTICIPACOES S/A
Ticker: Security ID: P9036T108
Meeting Date: MAR 26, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Elect Supervisory Board For For Management
3 Approve Aggregate Remuneration for For For Management
Directors and Individual Remuneration for
Supervisory Board Members
4 Ratify Election of Two Board Members For For Management
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TELESP, TELECOMUNICACOES DE SAO PAULO S.A.
Ticker: Security ID: P90337117
Meeting Date: MAR 25, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Individual and Consolidated For For Management
Financial Statements and Statutory
Reports
2 Approve Allocation of Income and For For Management
Dividends
3 Approve 2004 Capital Budget For For Management
4 Elect Management Board For For Management
5 Elect Supervisory Board For For Management
6 Approve Remuneration of Directors, For For Management
Supervisory Members, and Executives
7 Amend Articles Re: Reorganization of For For Management
Executive Office Board
8 Codify Amendments to Articles For For Management
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VINA CONCHA Y TORO S.A.
Ticker: VCO Security ID: P9796J100
Meeting Date: APR 30, 2004 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Approve Allocation of Income and Dividend For For Management
Policy
3 Approve Auditors For For Management
4 Approve Remuneration of Directors For For Management
5 Approve Remuneration of Audit Committee; For For Management
Fix Budget of Committee
6 Designate Newspaper to Publish Meeting For For Management
Announcements
7 Approve Special Auditors' Report None None Management
Regarding Related-Party Transactions
8 Other Business (Voting) For Against Management
9 Authorize Share Repurchase Program Up to For For Management
3 Percent of Share Capital and Reissuance
of Repurchased Shares
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
LATIN AMERICA EQUITY FUND, INC.
By: /s/ Hal Liebes
----------------------------
Hal Liebes
Vice President and Secretary
Date: August 25, 2004