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: 811-6120
The First Israel 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: 09/30
Date of reporting period: July 1, 2003 - June 30, 2004
ITEM 1. PROXY VOTING RECORD
THE FIRST ISRAEL FUND, INC.
=========================== FIRST ISRAEL FUND, INC. ============================
AGIS INDUSTRIES LTD.
Ticker: Security ID: M0229E100
Meeting Date: JUL 15, 2003 Meeting Type: Annual
Record Date: JUN 8, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive and Discuss Financial Statements None None Management
and Directors' Report for the Year Ended
December 31, 2002
2 Appoint Members of the Board of Directors For For Management
3 Approve Remuneration of Non-employee For For Management
Directors
4 Approve Auditors and Authorize Board to For For Management
Determine Their Remuneration
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AGIS INDUSTRIES LTD.
Ticker: Security ID: M0229E100
Meeting Date: MAR 10, 2004 Meeting Type: Special
Record Date: MAR 3, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Increase Annual Compensation of Director For For Management
and CEO Raphael Lebel, Amend Process for
Calculating Bonus, and Extend Contract
Until Dec. 31, 2006
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ALADDIN KNOWLEDGE SYSTEMS
Ticker: ALDN Security ID: M0392N101
Meeting Date: DEC 16, 2003 Meeting Type: Annual
Record Date: NOV 7, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Y. Margalit, D. Margalit, and D. For For Management
Assia as Directors
2 Ratify Y. Margalit as CEO of the Company For For Management
for the Upcoming Three Years
3 Reelect M. Gutterman as an Outside For For Management
Director
4 Approve Compensation of Directors For Against Management
5 Ratify an Option Grant to EVP and For Against Management
Director D. Margalit
6 Approve the Worldwide 2003 Share Option For Against Management
Plan
7 Ammend and Replace the Company's Articles For Against Management
of Association
8 Approve Director/Officer Indemnification For Against Management
Agreements
9 Approve Kost, Forer & Gabbay as Auditors For For Management
and Authorize Board to Fix Their
Remuneration
10 Indicate Here if you have a Personal None None Management
Interest in Proposal No. 5
11 Indicate Here if you have a Personal None None Management
Interest in Proposal No. 7
12 Indicate Here if you have a Personal None None Management
Interest in Proposal No. 8
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ALVARION LTD. (FORMERLY BREEZECOM LTD)
Ticker: Security ID: M0861T100
Meeting Date: SEP 30, 2003 Meeting Type: Annual
Record Date: AUG 27, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Amend Articles Re: Set Maximum Board Size For Against Management
at Ten, Classify Board, Set Majority
Required for Removal of Directors at 75
Percent, and Set Majority Required to
Amend the Articles Amended by this
Amendment at 75 Percent
2 Provided Item 1 Is Approved, Reelect For For Management
Directors to Three Seperate Classes, to
Serve Terms of One, Two, and Three Years;
If Item 1 is not Approved, Reelect
Directors to a One Year Term
3 Elect R. Amit as Director, and Grant Amit For For Management
Options to Purchase 40,000 Ordinary
Shares
4 Approve 2003 Bonus Plan Objectives for For For Management
director and CEO Z. Slonimsky
5 Approve Grant of Options to Purchase For Against Management
300,000 Shares to director and VP A.
Maher
6 Approve Grant of Options to Purchase For Against Management
20,000 Shares to director and A. Yacoby
7 Approve Grant of Options to Purchase For Against Management
40,000 Shares to director Candidate O.
Eran if Elected
8 Approve Kost Forer & Gabbay as Auditors For For Management
and Authorize Board to Fix Their
Remuneration
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AMPAL-AMERICAN ISRAEL CORP.
Ticker: AMPL Security ID: 032015109
Meeting Date: SEP 16, 2003 Meeting Type: Annual
Record Date: JUL 28, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Yosef A. Maiman For For Management
1.2 Elect Director Leo Malamud For For Management
1.3 Elect Director Michael Arnon For Withhold Management
1.4 Elect Director E. Haber For For Management
1.5 Elect Director Jack Bigio For Withhold Management
1.6 Elect Director Joseph Yerushalmi For For Management
1.7 Elect Director Yehuda Karni For For Management
2 Ratify Auditors For For Management
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AUDIOCODES LTD
Ticker: Security ID: M15342104
Meeting Date: OCT 29, 2003 Meeting Type: Annual
Record Date: SEP 23, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Shabati Adlersberg as a Director For For Management
2 Authorize Chairman of the Board to For For Management
Continue Serving as President and CEO for
a Three Year Term
3 Approve Stock Option Grant to Shabtai For Against Management
Aldersberg
4 Elect Joseph Tenne as a Director to Serve For For Management
Until 2005 AGM
5 Approve Stock Option Grant to Joseph For Against Management
Tenne, a Non-employee Director
6 Elect Doron Nevo as an Independent For For Management
Director to Serve for a Three Year Term
7 Approve Auditors and Authorize Board to For For Management
Fix Their Remuneration
8 Approve Stock Option Grants to For Against Management
Non-Employee Directors
9 Approve Director andOfficer For Against Management
Indemnification Provisions
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BANK HAPOALIM B.M.
Ticker: Security ID: M1586M115
Meeting Date: SEP 30, 2003 Meeting Type: Annual
Record Date: SEP 23, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Discuss Financial Statements and For For Management
Statutory Reports (Voting)
2a Approve Terms of Tenure of Directors For Against Management
2b Approve Terms of Tenure of Board Chairman For Against Management
3a Approve Auditors and Authorize Board to For For Management
Fix Their Remuneration
3b Report on Auditors' Remuneration For For Management
4 Renew Director/Officer Liability and For Against Management
Indemnification Insurance
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BANK HAPOALIM B.M.
Ticker: Security ID: M1586M115
Meeting Date: NOV 17, 2003 Meeting Type: Special
Record Date: NOV 10, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger Agreement with Mishkan, a For For Management
Wholly-Owned Subsidiary of the Company
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BANK LEUMI LE-ISRAEL
Ticker: Security ID: M16043107
Meeting Date: JUN 28, 2004 Meeting Type: Annual
Record Date: JUN 14, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Approve Final Dividend for 2003 For For Management
3a Reelect Eitan Raff as Director For For Management
3b Reelect Chaim Yaron as Director For For Management
3c Reelect Vered Raichman as Director For For Management
4a Elect Moshe Vidman as Director For For Management
4b Elect Shlomo Yanai as Director For For Management
5 Approve Compensation of Directors For For Management
6 Reelect Somekh Chaikin and Kost Forer For For Management
Gabbay & Kasierer as Auditors and
Authorize Board to Fix Their Remuneration
7 Approve Resolutions Concerning Approval For Against Management
of Holding Positions and Disclosure by
Officers
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BANK LEUMI LE-ISRAEL
Ticker: Security ID: M16043107
Meeting Date: JUL 24, 2003 Meeting Type: Annual
Record Date: JUL 14, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive and Discuss Financial Statements For For Management
and Statutory Reports for the Year Ending
December 31, 2002 (Voting)
2 Refrain from Distrubution of Final For For Management
Dividend
3 Elect Meir Dayan as External Director For For Management
4a Re-elect Barouch Bahat as Director For For Management
4b Re-elect Renana Gutman as Director For For Management
4c Re-elect Rena Shashua-Hasson as Director For For Management
5a Elect Yaakov Goldman as Director For For Management
5b Elect Nurit Segal as Director For For Management
6 Approve Remuneration of Directors and For For Management
External Directors in the Amount of NIS
1,785 ($417) Per Meeting and NIS 46,536
($10,872) Per Year
7 Approve Luboshitz Kasierer and Somekh For For Management
Chaikin as Auditors and Authorize Board
to Fix Their Remuneration
8 Approve Resolutions Concerning Approval For Against Management
of Holding Positions and Disclosures by
Officers, According to Text Presented to
the General Meeting
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BANK LEUMI LE-ISRAEL
Ticker: Security ID: M16043107
Meeting Date: FEB 15, 2004 Meeting Type: Special
Record Date: FEB 5, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Dividend of NIS 0.225 Per Share For For Management
on February 18, 2004
2 Approve Exemption for the Directors of For Against Management
the Bank
3 Approve Director/Officer Indemnification For Against Management
Agreements
4 Approve Director/Officer Liability and For Against Management
Indemnification Insurance, with Cover of
an Amount up to $200 Million
5 Approve Amendment to Employment Agreement For For Management
of the Board Chairman
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BEZEQ THE ISRAELI TELECOM CORP
Ticker: Security ID: M2012Q100
Meeting Date: AUG 6, 2003 Meeting Type: Special
Record Date: JUN 24, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Approval of the Company's Contracting For For Management
with the Government of Israel
2 Approve Compensation of Adv. Miriam For Against Management
Mazar, Chairperson of the Board of
Directors
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BEZEQ THE ISRAELI TELECOM CORP
Ticker: Security ID: M2012Q100
Meeting Date: SEP 25, 2003 Meeting Type: Annual
Record Date: SEP 15, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Approve Somekh Chaikin as Auditors and For For Management
Authorize Board to Fix Their Remuneration
3 Reelect Y. Aridor, A. Assad, A. Barak, D. For For Management
Braun, I. Dissentshik, B. Kaye, S. Levi,
S. Lifshitz, M. Mazar, R.
Kremmerman-Meridor, R. Nomkin, M. Perry,
H. Shecter, A. Shloss, B. Vaknin, and S.
Weinshal as Directors
4 Approve Increase in Registered Capital by For For Management
250 Million Shares of a Par Value of NIS
1 Each
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BEZEQ THE ISRAELI TELECOM CORP
Ticker: Security ID: M2012Q100
Meeting Date: MAY 13, 2004 Meeting Type: Special
Record Date: MAY 6, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Director/Officer Indemnification For Against Management
Agreements
2 Approve Bonus for Board Chairman of NIS For For Management
49,385 ($11,206)
3 Authorize Allocation of Shares and/or For For Management
Convertible Securities up to Company's
Registered Capital for an Issue According
to a Prospectus to Be Published in May,
2004
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BEZEQ THE ISRAELI TELECOM CORP
Ticker: Security ID: M2012Q100
Meeting Date: DEC 8, 2003 Meeting Type: Special
Record Date: NOV 26, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Replacement of the Existing Certificate For Against Management
of Incorporation and Amendments to the
Company's Memorandum.
2 Approve Director/Officer Indemnification For Against Management
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BEZEQ THE ISRAELI TELECOM CORP
Ticker: Security ID: M2012Q100
Meeting Date: JAN 26, 2004 Meeting Type: Special
Record Date: AUG 1, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Appoint Blanshe Key and Ygal Cohen-Orgad For For Management
as External Directors
2 Appoint Directors For For Management
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CAMTEK LTD
Ticker: CAMT Security ID: M20791105
Meeting Date: JUL 24, 2003 Meeting Type: Annual
Record Date: JUL 1, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Statements and None Did Not Management
Statutory Reports Vote
2 Reelect R. Amit, Y. Stern, and E. Bendoly For Did Not Management
as Directors Vote
3 Reelect M. Ben-Shoshan and H. Horowitz as For Did Not Management
Outside Directors Vote
4 Authorize Chairman to Serve as General For Did Not Management
Manager of the Company Vote
5 Appoint Goldstein Sabo Tevet CPA and For Did Not Management
Deloitte & Touche as Joint Auditors Vote
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CAMTEK LTD
Ticker: CAMT Security ID: M20791105
Meeting Date: OCT 28, 2003 Meeting Type: Special
Record Date: SEP 28, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Grant of Options to Purchase For Against Management
410,200 Ordinary Shares to Certain
Employees and Directors, Including Option
Grants for 2,400 Ordinary Shares to Each
of Directors H. Horowitz, M. Ben-Shoshan,
and E. Bendoly
2 Approve Grant of Options to Purchase For Against Management
55,000 Ordinary Shares to Chairman and
CEO R. Amit, and an Option Grant to
Purchase 36,000 Ordinary Shares to
Director and Executive VP Y. Stern
3 Approve 2003 Share Option Plan and its For Against Management
U.S. Sub-Plan for Grantees Subject to
U.S. Taxation
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CHECK POINT SOFTWARE TECHNOLOGIES INC
Ticker: CHKP Security ID: M22465104
Meeting Date: JUL 31, 2003 Meeting Type: Annual
Record Date: JUN 23, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Gil Shwed, Marius Nacht, David For For Management
Rubner, Alex Serge Vieux, and Dr. Tal
Shavit as Directors
2 Elect Irwin Federman and Ray Rothrock as For For Management
External Directors
3 Authorization for Chairman of the Board For For Management
to Serve as Chairman of the Board and
Cheif Executive Officer
4 Accept Financial Statements for the Year For For Management
Ended December 31, 2002
5 Approve Kost Forer & Gabbay as Auditors For For Management
and Authorize Board to Fix Their
Remuneration
6 Approve Options to Purchase Two Million For Against Management
Shares to Gil Shwed, Director and
Officer, and One Million Shares to Marius
Nacht, Director and Officer
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DAN VEHICLE & TRANSPORTATION (FORMERLY DAN RENT A CAR)
Ticker: Security ID: M2720K106
Meeting Date: JUN 3, 2004 Meeting Type: Annual
Record Date: MAY 30, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Reappoint Kesselman & Kesselman as For For Management
Auditors
3 Approve Final Dividend of NIS 18,000 For For Management
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DAN VEHICLE & TRANSPORTATION (FORMERLY DAN RENT A CAR)
Ticker: Security ID: M2720K106
Meeting Date: MAR 22, 2004 Meeting Type: Special
Record Date: MAR 18, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Israel Amir and Talma Barzani as For For Management
External Directors
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ECI TELECOM LTD.
Ticker: ECIL Security ID: 268258100
Meeting Date: JUL 30, 2003 Meeting Type: Annual
Record Date: JUN 22, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Reelect D. Biran, C. Green, J. Kolber, M. For For Management
Laiser, R. Liebhaber, K. Prabhu, M.
Shannie, and C. Skrzypczak as Directors
2 Elect A. Naveh as External Director For For Management
3 Amend Articles Re: Transmission of Notice For For Management
of General Meeting Shall Take Place at
Least 21 Days prior to the Meeting,
Without Regard to the Date upon such
Notice Is Received
4 Approve New Terms of Compensation for For For Management
External Directors
5 Approve New Terms of Compensation for K. For For Management
Prabhu
6 Approve Procurement of Directors and For Against Management
Officers Liability Insurance
6a If You Do Not Have a Personal Interest, None None Management
Vote FOR. If You Have a Personal
Interest, Vote AGAINST
7 Amend ECI Telecom Ltd. Employee Share For Against Management
Incentive Plan 2002 by Increasing the
Number of Shares Reserved for the Plan
from 26,760,700 to 29,760,700
8 Reappoint Somekh Chaikin as Independent For For Management
Auditors and Authorize Board to Fix Their
Remuneration
9 Discuss Financial Statements and None None Management
Statutory Reports
10 Transact Other Business ( Non-Voting) None None Management
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ELBIT MEDICAL IMAGING
Ticker: Security ID: M37605108
Meeting Date: DEC 24, 2003 Meeting Type: Annual
Record Date: NOV 24, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Reelect M. Zisser, S. Yitzhaki, R. For For Management
Lavine, A. Firer, J. Forer, and D. Rubner
as Directors
2 Approve Brightman Almagor as Auditors and For For Management
Authorize Board to Fix Their Remuneration
3 Approve Coverage of Executive Board For Against Management
Chairman and Indirect Controlling
Shareholder Mordechay Zisser Under the
Company's General Liability and
Indemnification Insurance Policy
4 Approve Stock Option Plan Grants to For Against Management
Purchase a Total of 150,000 Ordinary
Shares of Company Subsidiary Insightec to
President and Director Shimon Yitzhaki
and Director Elimelech Firer
5 Approve Liability and Indemnification For Against Management
Insurance Policies for Directors and
Officers of the Company and Company
Subsidiaries
6 Approve Annual Bonus for President and For For Management
Director Shimon Yitzhaki
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ELBIT SYSTEMS LTD
Ticker: Security ID: M3760D101
Meeting Date: APR 20, 2004 Meeting Type: Special
Record Date: MAR 28, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Amend Articles Re: Enhance Consistency For For Management
with Sarbanes-Oxley Corporate Compliance
and Nasdaq Listing Requirements
2 Approve Framework Resolution for Purchase For Against Management
of Director/Officer Liability and
Indemnification Insurance
3 Approve Three-Year Contract Extension for For For Management
President and CEO Joseph Ackerman, and
Increase Monthly Salary from $24,000 to
$30,000
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ELBIT SYSTEMS LTD
Ticker: Security ID: M3760D101
Meeting Date: AUG 6, 2003 Meeting Type: Annual
Record Date: JUL 10, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect M. Federmann, J. Ackerman, A. For For Management
Asheri, R. Baum, A. Beth-Halachmi, D.
Birger, A. Erel, A. Fischer, and D.
Ninveh as Directors, and Y. Lifshitz as
External Director
2 Appoint Luboshitz Kasierer as Auditors For For Management
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ELCO HOLDINGS
Ticker: Security ID: M3787F105
Meeting Date: SEP 16, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Director/Officer Indemnification For Against Management
Agreements
2 Approve Indemnification Agreements for For Against Management
the Following Three Office Holders:
Controlling Shareholder G. Zelkind and
his Two Sons
3 Approve Director/Officer Liability and For Against Management
Indemnification Insurance for all
Directors and Officers, Including Zelkind
and his Two Sons
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ELCO INDUSTRIES, INC.
Ticker: Security ID: M37849102
Meeting Date: FEB 2, 2004 Meeting Type: Special
Record Date: JAN 22, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Eliezer Berkowitz as External For Against Management
Director and Grant him Indemnification
and Liability Insurance
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ELCO INDUSTRIES, INC.
Ticker: Security ID: M37849102
Meeting Date: SEP 16, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Director/Officer Indemnification For Against Management
Agreements
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ELCO INDUSTRIES, INC.
Ticker: Security ID: M37849102
Meeting Date: SEP 16, 2003 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Statements and For For Management
Statutory Reports (Voting)
2 Ratify Auditor For For Management
3 Elect Directors For For Management
4 Approve Director/Officer Liability and For Against Management
Indemnification Insurance
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ELCO INDUSTRIES, INC.
Ticker: Security ID: M37849102
Meeting Date: APR 29, 2004 Meeting Type: Annual/Special
Record Date: APR 18, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Reappoint Rozinksi, Halipi, Meiri & Co. For For Management
as Auditors
3 Appoint Michael Zelkind, Shlomo Sharf, For For Management
and Daniel Zelkind as Directors
4 Change Company Name to Enerco Enterprises For For Management
Ltd. or a Name Authorized by Registrar of
Companies
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ELECTRA CONSUMER PRODUCTS
Ticker: Security ID: M3796Y103
Meeting Date: MAY 31, 2004 Meeting Type: Annual
Record Date: MAY 20, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Statements and None None Management
Statutory Reports
2 Reappoint Brightman Almagor & Co. as For For Management
Auditors
3 Reappoint Gershon Zalkind, Eliezer For For Management
Ben-Moshe, Michael Zalkind, and Dana
Margalit as Directors
4 Appoint Gavriella Heller and Shaul Amit For For Management
as External Directors for Three-Year
Terms
5 Approve Director/Officer Liability and For Management
Indemnification Insurance
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ELECTRA CONSUMER PRODUCTS
Ticker: Security ID: M3796Y103
Meeting Date: SEP 16, 2003 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Statements and For For Management
Statutory Reports (Voting)
2 Ratify Auditor For For Management
3 Elect Directors For For Management
4 Approve Director/Officer Liability and For Against Management
Indemnification Insurance
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ELECTRA ISRAEL LTD.
Ticker: Security ID: M38004103
Meeting Date: SEP 16, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Director/Officer Liability and For Against Management
Indemnification Insurance
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ELITE INDUSTRIES LIMITED
Ticker: Security ID: M3965H113
Meeting Date: MAR 22, 2004 Meeting Type: Special
Record Date: MAR 15, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger by Absorption Whereby For For Management
Majority Shareholder Strauss-Elite Will
Transfer Control of Strauss Dairy and
Strauss Salads in Exchange for 49.2
Million Ordinary Shares
2 Change Company Name to Strauss-Elite, For For Management
Ltd.
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ELITE INDUSTRIES LIMITED
Ticker: Security ID: M3965H113
Meeting Date: MAR 22, 2004 Meeting Type: Special
Record Date: MAR 15, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Increase of Director/Officer For Against Management
Liability and Indemnification Insurance
up to $40 Million at an Annual Premium of
up to $325,000, Which May Be Renewed
Annually at a Premium of up to $500,000
2 Approve Undertaking to Indemnify For Against Management
Directors and Officers up to 25 Percent
of Shareholders' Equity
3 Approve $50,000 Payment to a Director for For For Management
Efforts Regarding Proposed Merger with
Strauss
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ELITE INDUSTRIES LIMITED
Ticker: Security ID: M3965H113
Meeting Date: FEB 17, 2004 Meeting Type: Special
Record Date: FEB 10, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Consolidation through Conversion For For Management
of Each Par 5 NIS Ordinary Share Into
Five Par 1 NIS Ordinary Shares, For a
Total of 56,135,687 Issued Par 1 NIS
Ordinary Shares, and a Total of 130
Million Authorized Par 1 NIS Ordinary
Shares
2 Amend Article 4 of Memorandum and For For Management
Articles 14 and 17 of Articles of
Association to Reflect Changes in Capital
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FIRST INTERNATIONAL BANK ISRAEL,(FIBI )(FORMERLY FIBI HOLDI
Ticker: Security ID: M4252W102
Meeting Date: DEC 17, 2003 Meeting Type: Annual
Record Date: DEC 10, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports at the Year Ended December 31,
2002
2 Fix Number of Directors and Elect For For Management
Directors
3 Approve the Terms of Employment of the For For Management
Chairman of the Board of Directors
4 Approve Remuneration of Directors For Against Management
5 Report on the Remuneration of the For For Management
Auditors for the Year 2002
6 Approve Somekh Chaikin as Auditors and For For Management
Authorize Board to Fix Their Remuneration
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FORMULA SYSTEMS (1985)
Ticker: Security ID: M46518102
Meeting Date: FEB 29, 2004 Meeting Type: Annual
Record Date: FEB 2, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect D. Goldstein, G. Goldstein, S. For For Management
Beilis, and S. Nass as Directors
2 Approve Remuneration of Director Shlomo For For Management
Nass in the Amount of NIS 35,000 ($7,942)
Per Year and NIS 1,500 ($340) Per Meeting
Attended
3 Accept Financial Statements and Statutory For For Management
Reports (Voting)
4 Ratify BDO Ziv & Haft as Auditors For For Management
5 Approve Director/Officer Liability and For Against Management
Indemnification Insurance
6 Other Business (Voting) For Against Management
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GACHELET
Ticker: Security ID: M4714A102
Meeting Date: JUL 8, 2003 Meeting Type: Annual
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Reports and the For For Management
Directors' Report
2.1 Re-elect David Weisberg as Directors For For Management
2.2 Re-elect Zvi Lubertzky as Directors For For Management
2.3 Re-elect Emanuel Kook as Directors For For Management
2.4 Re-elect Gideon Freitag as Directors For For Management
3 Approve Compensation for Outside For For Management
Directors and the Fee Paid to
Non-employee Directors
4 Approve Ziv Haft Accountants as For For Management
Accountants and Comptroller of the
Company and Authorize Board to Fix Their
Remuneration
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GAN SHMUEL FOODS
Ticker: Security ID: M4742R101
Meeting Date: MAR 25, 2004 Meeting Type: Special
Record Date: MAR 18, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Shaul Ashkenazi and Eliahu For For Management
Goldshmidt External Directors
2 Approve Consolidation of Rental Agreement For For Management
with Limited Partnership Gam Shmuel
Haroshet Shimurim in which Controlling
Shareholder Gan Shmuel is a Partner
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HAREL INSURANCE INVESTMENT (FORMERLY HAREL HAMISHMAR)
Ticker: Security ID: M52635113
Meeting Date: MAY 31, 2004 Meeting Type: Annual
Record Date: MAY 25, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Reappoint Current Directors For For Management
3 Reappoint Somech Haikin as Auditors For For Management
4 Receive Report on Auditors' Fees None None Management
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IDB DEVELOPMENT CORP
Ticker: Security ID: M2798P102
Meeting Date: MAY 4, 2004 Meeting Type: Annual
Record Date: APR 22, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Statements and None None Management
Statutory Reports
2 Reappoint N. Dankner, R. Bisker, S. For For Management
Ben-Zeev, A. Ben Josef, S. Bergman, D.
Horvat, E. Cohen, Z. Livnat, D. Manor, Y.
Manor, A. Fischer, and Y. Schimmel as
Directors
3 Reappoint Somech Haikin as Auditors and For For Management
Authorize Board to Fix Their Remuneration
4 Approve Remuneration of Directors and For For Management
External Directors for 2003 - 2007
Inclusive
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IDB DEVELOPMENT CORP
Ticker: Security ID: M2798P102
Meeting Date: JAN 20, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Bonus Compensation and For Against Management
Reimbursement to Chairman of the Board
Nochi Dankner
2 Approve Bonus Compensation and For Against Management
Reimbursement to Deputy Chairmen Zvi
Livnat and Avi Fischer
3 Approve Related Party Transaction with For Against Management
IDB Holding Corporation Re: Azrieli
Center Office Rental
- --------------------------------------------------------------------------------
IDB DEVELOPMENT CORP
Ticker: Security ID: M2798P102
Meeting Date: OCT 22, 2003 Meeting Type: Annual
Record Date: OCT 9, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Reelect N. Dankner, R. Bisker, S. For For Management
Ben-Zeev, A. Ben Joseph, S.
Dankner-Bergman, D. Horvat, L. Hannes, E.
Cohen, Z. Livnat, D. Manor, I. Manor, and
J. Schimmel as Directors
3 Approve Somekh Chaikin as Auditors and For For Management
Authorize Board to Fix Their Remuneration
- --------------------------------------------------------------------------------
IDB HOLDINGS CORP
Ticker: Security ID: M5338Y111
Meeting Date: OCT 22, 2003 Meeting Type: Annual
Record Date: OCT 9, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Reelect N. Dankner, R. Bisker, S. For For Management
Ben-Zeev, S. Dankner-Bergman, D. Horvat,
L. Hannes, E. Cohen, Z. Livnat, D. Manor,
I. Manor, A. Fischer, M. Rosenne, and J.
Schimmel as Directors
3 Approve Ziv-Haft as Auditors and For For Management
Authorize Board to Fix Their Remuneration
- --------------------------------------------------------------------------------
IDB HOLDINGS CORP
Ticker: Security ID: M5338Y111
Meeting Date: AUG 4, 2003 Meeting Type: Special
Record Date: JUL 24, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Appoint Rolando Eisen as Independent For For Management
Director
2 Appoint Shmuel Lachman as Independent For For Management
Director
- --------------------------------------------------------------------------------
IDB HOLDINGS CORP
Ticker: Security ID: M5338Y111
Meeting Date: MAY 4, 2004 Meeting Type: Annual
Record Date: APR 22, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Statements and None None Management
Statutory Reports
2 Reappoint N. Dankner, R. Bisker, S. For For Management
Ben-Zeev, S. Bergman, D. Horvat, L.
Haness, E. Cohen, Z. Livnat, D. Manor, Y.
Manor, M. Rosenne, and Y. Schimmel as
Directors
3 Reappoint Ziv Haft as Auditors and For For Management
Authorize Board to Fix Their Remuneration
4 Approve Remuneration of Directors and For For Management
External Directors for 2003 - 2007
Inclusive
- --------------------------------------------------------------------------------
IDB HOLDINGS CORP
Ticker: Security ID: M5338Y111
Meeting Date: JAN 20, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1a Authorize Board to Approve Terms of For Against Management
Employment of Nochi Dankner to Serve as
Chairman of the Board and Chief Executive
Officer
1b Authorize Terms of Employment of Zvi For Against Management
Livnat and Avi Fischer to Serve as Deputy
CEO
1c Approve Related Party Transaction with For Against Management
Clal Industries
1d Approve Related Party Transaction with For Against Management
IDB Development Corporation Limited
- --------------------------------------------------------------------------------
IDB HOLDINGS CORP
Ticker: Security ID: M5338Y111
Meeting Date: OCT 22, 2003 Meeting Type: Special
Record Date: OCT 9, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Giving of an Undertaking by the For For Management
Company to the Supervisor of Insurance at
the Ministry of Finance
- --------------------------------------------------------------------------------
IDB HOLDINGS CORP
Ticker: Security ID: M5338Y111
Meeting Date: JUL 29, 2003 Meeting Type: Special
Record Date: JUL 20, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Appoint D. Doron as an Independent For For Management
Director
- --------------------------------------------------------------------------------
IDB HOLDINGS CORP
Ticker: Security ID: M5338Y111
Meeting Date: DEC 24, 2003 Meeting Type: Special
Record Date: DEC 18, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Authorize Chairman of the Board, Nochi For For Management
Dankner, to Serve Also as CEO
- --------------------------------------------------------------------------------
INDUSTRIAL BUILDINGS CORP.
Ticker: Security ID: M5514Q106
Meeting Date: OCT 22, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Unspecified Management Proposal For Against Management
2 Unspecified Non-Voting Proposal None None Management
- --------------------------------------------------------------------------------
INDUSTRIAL BUILDINGS CORP.
Ticker: Security ID: M5514Q106
Meeting Date: JUN 30, 2004 Meeting Type: Annual
Record Date: JUN 24, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Reappoint E. Fishman, R. Even, Y. For For Management
Ziskind, S. Milo, R. Fishman Ofir, Y.
Steinman, Y. Elinav, A. Kelner, and J.
Bichio as Directors and Appoint A.
Manipaz as a Director
3 Reappoint Kost Forer Gabbay & Kasierer as For For Management
Auditors and Authorize Board to Fix Their
Remuneration
4 Approve Director/Officer Indemnification For Against Management
Agreements
- --------------------------------------------------------------------------------
INDUSTRIAL BUILDINGS CORP.
Ticker: Security ID: M5514Q106
Meeting Date: JUL 8, 2003 Meeting Type: Annual
Record Date: JUL 3, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Statements, and the None None Management
Auditors' and Directors' Reports for the
Year Ended December 31, 2002
2 Re-appoint Kost, Forer and Gabbay as For For Management
Auditors
3 Re-appoint Directors For For Management
4 Change Company Name to Industrial For For Management
Buildings Corporation Ltd.
- --------------------------------------------------------------------------------
ISRAEL CHEMICALS LIMITED
Ticker: Security ID: M5920A109
Meeting Date: MAY 25, 2004 Meeting Type: Annual
Record Date: MAY 18, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Receive Financial Statements and None None Management
Statutory Reports
2 Reelect Y. Rosen, I. Ofer, C. Erez, M. For For Management
Dachla, M. Vidman, N. Yatziv, A. Paz, and
A. Sadeh as Directors, and Approve
Directors' Compensation
3 Approve Kesselman & Kesselman as Auditors For For Management
and Authorize Board to Fix Their
Remuneration
- --------------------------------------------------------------------------------
ISRAEL DISCOUNT BANK
Ticker: Security ID: 465074201
Meeting Date: JUN 14, 2004 Meeting Type: Special
Record Date: JUN 7, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Director/Officer Liability and For Against Management
Indemnification Insurance
2 Approve 10 Percent Pay Increase and Bonus For Against Management
of NIS 575,000 ($130,500) for Board
Chairman
3 Approve Severance Agreement for Board For Against Management
Chairman
- --------------------------------------------------------------------------------
ISRAEL DISCOUNT BANK
Ticker: Security ID: 465074201
Meeting Date: NOV 24, 2003 Meeting Type: Annual
Record Date: NOV 17, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Approve as Final Dividend the Interim For For Management
Dividend of 6 Percent Paid on Dec. 31,
2002, to Shareholders of 40,000, 6
Percent Cumulative Preference Shares,
Nominal Value of NIS 0.00504 Per Share
3 Reappoint Ziv Haft and Somekh Chaikin as For For Management
Auditors and Authorize Board to Fix Their
Remuneration
4 Elect Y. Lifshitz as a Director For For Management
5 Approve Director/Officer Liability and For Against Management
Indemnification Insurance
6 Approve Remuneration of Chairman for 1999 For Against Management
- --------------------------------------------------------------------------------
MAKHTESHIM - AGAN INDUSTRIES LTD
Ticker: Security ID: M67888103
Meeting Date: DEC 17, 2003 Meeting Type: Special
Record Date: DEC 2, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Appoint Avishai Braverman as External For For Management
Director
2 Appoint Ephraim Halevy as External For For Management
Director
- --------------------------------------------------------------------------------
MIND CTI LTD
Ticker: MNDO Security ID: M70240102
Meeting Date: AUG 27, 2003 Meeting Type: Annual
Record Date: JUL 22, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Reappoint K. Mohan as Class III Director For For Management
2 Reappoint Kesselman & Kesselman as For For Management
Auditors and Authorize Board to Fix Their
Remuneration
3 Approve Continuing Service of M. Eisinger For For Management
as President, Chief Executive Officer,
and Chairperson of the Board of Directors
and of the Company
4 Discuss Financial Statements and None None Management
Statutory Reports
5 Transact Other Business (Non-Voting) None None Management
- --------------------------------------------------------------------------------
NICE-SYSTEMS LTD.
Ticker: Security ID: 653656108
Meeting Date: DEC 2, 2003 Meeting Type: Annual
Record Date: OCT 24, 2003
# Proposal Mgt Rec Vote Cast Sponsor
A Elect J. Atsmon, R. Ben-Shaoul, Y. For For Management
Dauber, R. Gutler, J. Hughes, D. Kostman,
and T. Robinson as Directors
B Approve Directors' Remuneration of NIS For Against Management
42,681 Per Year and NIS 1,642 Per Meeting
Attended
C Approve Employee Stock Option Plan For Against Management
D Approve Employee Stock Purchase Plan For Against Management
E Approve Stock Option Plan Grants to For Against Management
Directors R. Gutler and J. Atsmon
F Reappoint Kost, Forer & Gabay as Auditors For For Management
and Authorize Board to Fix Their
Remuneration
G Receive Financial Statements and None None Management
Statutory Reports
- --------------------------------------------------------------------------------
RAPAC TECHNOLOGIES 2000 LTD
Ticker: Security ID: M8198A108
Meeting Date: DEC 16, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Services Agreement with CEO and For Against Management
Director Alex Milner and M.S. Miran Ltd.
- --------------------------------------------------------------------------------
SUPER-SOL LTD
Ticker: SUPLF Security ID: M8710D119
Meeting Date: NOV 27, 2003 Meeting Type: Special
Record Date: NOV 11, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Appoint M. Amit as Director For For Management
- --------------------------------------------------------------------------------
SUPER-SOL LTD
Ticker: SUPLF Security ID: M8710D119
Meeting Date: FEB 24, 2004 Meeting Type: Special
Record Date: FEB 11, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Yehezkiel Offir as External For For Management
Director
- --------------------------------------------------------------------------------
SUPER-SOL LTD
Ticker: SUPLF Security ID: M8710D119
Meeting Date: APR 20, 2004 Meeting Type: Annual
Record Date: APR 1, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Reappoint Ido Bergman, Rafi Bisker, and For For Management
Zehavit Yosef as Directors
3 Reappoint KPMG Somech Haik as Auditors For For Management
and Authorize Board to Fix Their
Remuneration
4 Approve Bonus/Compensation/Remuneration For For Management
of Directors
5 Approve Management Contract with Biger For For Management
Investment Company, a Private Company
Owned by Board Chairman Avraham Biger
- --------------------------------------------------------------------------------
TEVA PHARMACEUTICAL INDUSTRIES
Ticker: TEVA Security ID: 881624209
Meeting Date: OCT 27, 2003 Meeting Type: Special
Record Date: SEP 18, 2003
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect G. Shalev as an External Director For For Management
2 Approve Increase in Remuneration of For For Management
Directors other than the Chairman
- --------------------------------------------------------------------------------
UNITED MIZRAHI BANK
Ticker: Security ID: M9540S110
Meeting Date: JAN 27, 2004 Meeting Type: Special
Record Date: JAN 18, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger Agreement between United For For Management
Mizrahi Bank Ltd. and United Mizrahi
Investment Co.
- --------------------------------------------------------------------------------
UNITED MIZRAHI BANK
Ticker: Security ID: M9540S110
Meeting Date: JUN 1, 2004 Meeting Type: Annual
Record Date: MAY 20, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports (Voting)
2 Reappoint Y. Perry, Y. Ofer, I. Ofer, M. For For Management
Vartheim, L. Ofer, Z. Efrat, R. Israel,
R. Gazit, Y. Bahat, and G. Siterman as
Directors
3 Reappoint Brightman Almagor & Co. as For For Management
Auditors
4 Approve Bonus of $250,000 for Board For For Management
Chairman
5 Approve Remuneration of External For For Management
Directors
- --------------------------------------------------------------------------------
UNITED MIZRAHI BANK
Ticker: Security ID: M9540S110
Meeting Date: JUL 31, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Accept Financial Statements and Statutory For For Management
Reports
2 Appoint External Auditor For For Management
- --------------------------------------------------------------------------------
UNITED MIZRAHI BANK
Ticker: Security ID: M9540S110
Meeting Date: MAR 29, 2004 Meeting Type: Special
Record Date: MAR 24, 2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Director/Officer Liability and For Against Management
Indemnification Insurance to Be Shared by
the Company and Affiliates Tefahot
Mortgage Bank and Bank Adanin, with a
Limit of $50 Million Per Incident and $50
Million Cumulative
- --------------------------------------------------------------------------------
UNITED MIZRAHI BANK
Ticker: Security ID: M9540S110
Meeting Date: JAN 29, 2004 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger Agreement between United For For Management
Mizrahi Bank Ltd. and United Mizrahi
Investment Co.
- --------------------------------------------------------------------------------
UNITED MIZRAHI BANK
Ticker: Security ID: M9540S110
Meeting Date: OCT 8, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Bonus of $180,000 for Former For Against Management
Chairman I. Ofer
- --------------------------------------------------------------------------------
UNITED MIZRAHI BANK
Ticker: Security ID: M9540S110
Meeting Date: OCT 22, 2003 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Bonus to Previous Board Chairman For Against Management
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.
THE FIRST ISRAEL FUND, INC.
By: /s/ Hal Liebes
----------------------------
Hal Liebes
Vice President and Secretary
Date: August 25, 2004