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:  811-21522

           BlackRock S&P Quality Rankings Global Equity Managed Trust
           ----------------------------------------------------------
               (Exact name of registrant as specified in charter)

                    100 Bellevue Parkway, Wilmington DE 19809
                    -----------------------------------------
               (Address of principal executive offices) (Zip code)

                           Robert S. Kapito, President
                               40 East 52nd Street
                            New York, New York 10022
                         ------------------------------
                     (name and address of agent for service)

Registrant's telephone number, including area code: (888) 825-2257

Date of fiscal year end: 10/31

Date of reporting period:  07/01/2005 - 06/30/2006






========== BLACKROCK S&P QUALITY RANKINGS GLOBAL EQUITY MANAGED TRUST ==========

ITEM 1 PROXY VOTING RECORD

ABBOTT LABORATORIES

Ticker:       ABT            Security ID:  002824100
Meeting Date: APR 28, 2006   Meeting Type: Annual
Record Date:  MAR 1, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Roxanne S. Austin          For       For        Management
1.2   Elect Director William M. Daley           For       For        Management
1.3   Elect Director W. James Farrell           For       For        Management
1.4   Elect Director H. Laurance Fuller         For       For        Management
1.5   Elect Director Richard A. Gonzalez        For       For        Management
1.6   Elect Director Jack M. Greenberg          For       For        Management
1.7   Elect Director Lord Owen                  For       For        Management
1.8   Elect Director Boone Powell, Jr.          For       For        Management
1.9   Elect Director W. Ann Reynolds, Ph.D.     For       For        Management
1.10  Elect Director Roy S. Roberts             For       For        Management
1.11  Elect Director William D. Smithburg       For       For        Management
1.12  Elect Director John R. Walter             For       For        Management
1.13  Elect Director Miles D. White             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Performance-Based Equity Awards           Against   For        Shareholder
4     Report on Political Contributions         Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   For        Shareholder


- --------------------------------------------------------------------------------

ABN AMRO HOLDING NV

Ticker:       ABNHF          Security ID:  N0030P459
Meeting Date: APR 27, 2006   Meeting Type: Annual
Record Date:  APR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Minutes of Previous Meeting       None      Did Not    Management
                                                          Vote
2     Receive Report of Management Board        None      Did Not    Management
                                                          Vote
3a    Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
3b    Approve Dividends of EUR 1.10 Per Share   For       Did Not    Management
                                                          Vote
3c    Approve Discharge of Management Board     For       Did Not    Management
                                                          Vote
3d    Approve Discharge of Supervisory Board    For       Did Not    Management
                                                          Vote
4     Approve Remuneration Report Containing    For       Did Not    Management
      Remuneration Policy for Management Board            Vote
      Members
5     Approve Amendments to Remuneration of     For       Did Not    Management
      Supervisory Board                                   Vote
6     Approve Company's Corporate Governance    For       Did Not    Management
      Structure                                           Vote
7a    Elect G.J. Kramer to Supervisory Board    For       Did Not    Management
                                                          Vote
7b    Elect G. Randa to Supervisory Board       For       Did Not    Management
                                                          Vote
7c    Reelect A.C. Martinez to Supervisory      For       Did Not    Management
      Board                                               Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
9a    Grant Board Authority to Issue Ordinary   For       Did Not    Management
      Shares, Convertible Preference Shares and           Vote
      Preference Financing Shares Up To 20
      Percent of Issued Capital
9b    Authorize Board to Exclude Preemptive     For       Did Not    Management
      Rights from Issuance Under Item 9a                  Vote
10    Any Other Business (Non-Voting)           None      Did Not    Management
                                                          Vote



- --------------------------------------------------------------------------------

ABN AMRO HOLDING NV

Ticker:       ABNHF          Security ID:  N0030P459
Meeting Date: NOV 24, 2005   Meeting Type: Special
Record Date:  NOV 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
a     Discuss Corporate Governance re: Election None      None       Management
      New Management Board Members
b     Elect Huibert Boumeester to Management    For       For        Management
      Board
c     Elect Pieter Overmars to Management Board For       For        Management
d     Elect Ronald Teerlink to Management Board For       For        Management


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AGREE REALTY CORP.

Ticker:       ADC            Security ID:  008492100
Meeting Date: MAY 8, 2006    Meeting Type: Annual
Record Date:  MAR 13, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard Agree              For       For        Management
1.2   Elect Director Michael Rotchford          For       For        Management



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ALCOA INC.

Ticker:       AA             Security ID:  013817101
Meeting Date: APR 21, 2006   Meeting Type: Annual
Record Date:  JAN 23, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Kathryn S. Fuller          For       For        Management
1.2   Elect Director Judith M. Gueron           For       For        Management
1.3   Elect Director Ernesto Zedillo            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

ALLIANCE & LEICESTER PLC

Ticker:                      Security ID:  G0178P103
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 34.7 Pence Per  For       For        Management
      Ordinary Share
3     Re-elect Richard Pym as Director          For       For        Management
4     Re-elect David Bennett as Director        For       For        Management
5     Re-elect Mike McTighe as Director         For       For        Management
6     Elect Malcolm Aish as Director            For       For        Management
7     Elect Sir Derek Higgs as Director         For       For        Management
8     Elect Rodney Duke as Director             For       For        Management
9     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
10    Approve Remuneration Report               For       For        Management
11    Approve Increase in Authorized Capital    For       For        Management
      from GBP 388,000,000 to GBP 688,000,000
      plus USD 500,000,000 and EUD 400,000,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 74,800,000 (Ord. Shares); GBP
      300,000,000 (Preference Shares); USD
      500,000,000 (Preference Shares); EUD
      400,000,000 (Preference Shares)
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 11,200,000
14    Adopt New Articles of Association         For       For        Management
15    Authorise 67,300,000 Ordinary Shares for  For       For        Management
      Market Purchase
16    Amend Alliance & Leicester Plc Share      For       For        Management
      Incentive Plan
17    Approve Alliance & Leicester Plc 2006     For       For        Management
      Restricted Share Plan
18    Approve Alliance & Leicester Plc 2006     For       For        Management
      Company Share Option Plan
19    Approve Alliance & Leicester Plc 2006     For       For        Management
      ShareSave Plan
20    Approve Alliance & Leicester Plc 2006     For       For        Management
      Deferred Bonus Plan



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ALLIED CAPITAL CORPORATION

Ticker:       ALD            Security ID:  01903Q108
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:  FEB 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ann Torre Bates            For       For        Management
1.2   Elect Director Edwin L. Harper            For       For        Management
1.3   Elect Director John I. Leahy              For       For        Management
1.4   Elect Director Alex J. Pollock            For       For        Management
1.5   Elect Director Guy T. Steuart, II         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Issuance of Shares of Common      For       For        Management
      Stock Granted to Certain Officers and
      Directors


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ALTRIA GROUP, INC.

Ticker:       MO             Security ID:  02209S103
Meeting Date: APR 27, 2006   Meeting Type: Annual
Record Date:  MAR 6, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Elizabeth E. Bailey        For       For        Management
1.2   Elect Director Harold Brown               For       For        Management
1.3   Elect Director Mathis Cabiallavetta       For       For        Management
1.4   Elect Director Louis C. Camilleri         For       For        Management
1.5   Elect Director J. Dudley Fishburn         For       For        Management
1.6   Elect Director Robert E. R. Huntley       For       For        Management
1.7   Elect Director Thomas W. Jones            For       For        Management
1.8   Elect Director George Munoz               For       For        Management
1.9   Elect Director Lucio A. Noto              For       For        Management
1.10  Elect Director John S. Reed               For       For        Management
1.11  Elect Director Stephen M. Wolf            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Separate Chairman and CEO Positions       Against   Against    Shareholder
4     Adopt ILO Standards                       Against   Against    Shareholder
5     Inform African Americans of Health Risks  Against   Against    Shareholder
      Associated with Menthol Cigarettes
6     Establish Fire Safety Standards for       Against   Against    Shareholder
      Cigarettes
7     Adopt Animal Welfare Policy               Against   Against    Shareholder
8     Support Legislation to Reduce Smoking     Against   Against    Shareholder
9     Provide Information on Second Hand Smoke  Against   Against    Shareholder



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AMEREN CORPORATION

Ticker:       AEE            Security ID:  023608102
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:  MAR 6, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Susan S. Elliott           For       For        Management
1.2   Elect Director Gayle P.W. Jackson         For       For        Management
1.3   Elect Director James C. Johnson           For       For        Management
1.4   Elect Director Richard A. Liddy           For       For        Management
1.5   Elect Director Gordon R. Lohman           For       For        Management
1.6   Elect Director Richard A. Lumpkin         For       For        Management
1.7   Elect Director Charles W. Mueller         For       For        Management
1.8   Elect Director Douglas R. Oberhelman      For       For        Management
1.9   Elect Director Gary L. Rainwater          For       For        Management
1.10  Elect Director Harvey Saligman            For       For        Management
1.11  Elect Director Patrick T. Stokes          For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Report on Extending the Operating License Against   Against    Shareholder
      at the Callaway Nuclear Power Facility


- --------------------------------------------------------------------------------

AMERICAN INTERNATIONAL GROUP, INC.

Ticker:       AIG            Security ID:  026874107
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Pei-yuan Chia              For       For        Management
1.2   Elect Director Marshall A. Cohen          For       For        Management
1.3   Elect Director Martin S. Feldstein        For       For        Management
1.4   Elect Director Ellen V. Futter            For       For        Management
1.5   Elect Director Stephen L. Hammerman       For       For        Management
1.6   Elect Director Richard C. Holbrooke       For       For        Management
1.7   Elect Director Fred H. Langhammer         For       For        Management
1.8   Elect Director George L. Miles, Jr.       For       For        Management
1.9   Elect Director Morris W. Offit            For       For        Management
1.10  Elect Director James F. Orr, III          For       For        Management
1.11  Elect Director Martin J. Sullivan         For       For        Management
1.12  Elect Director Michael H. Sutton          For       For        Management
1.13  Elect Director Edmund S.W. Tse            For       For        Management
1.14  Elect Director Robert B. Willumstad       For       For        Management
1.15  Elect Director Frank G. Zarb              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


- --------------------------------------------------------------------------------

AMLI RESIDENTIAL PROPERTIES TRUST

Ticker:       AML            Security ID:  001735109
Meeting Date: FEB 2, 2006    Meeting Type: Special
Record Date:  DEC 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management



- --------------------------------------------------------------------------------

AT&T INC

Ticker:       T              Security ID:  00206R102
Meeting Date: APR 28, 2006   Meeting Type: Annual
Record Date:  MAR 1, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William F. Aldinger, III   For       For        Management
1.2   Elect Director Gilbert F. Amelio          For       For        Management
1.3   Elect Director August A. Busch, III       For       For        Management
1.4   Elect Director Martin K. Eby, Jr.         For       For        Management
1.5   Elect Director James A. Henderson         For       For        Management
1.6   Elect Director Charles F. Knight          For       For        Management
1.7   Elect Director Jon C. Madonna             For       For        Management
1.8   Elect Director Lynn M. Martin             For       For        Management
1.9   Elect Director John B. McCoy              For       For        Management
1.10  Elect Director Mary S. Metz               For       For        Management
1.11  Elect Director Toni Rembe                 For       For        Management
1.12  Elect Director S. Donley Ritchey          For       For        Management
1.13  Elect Director Joyce M. Roche             For       For        Management
1.14  Elect Director Randall L. Stephenson      For       For        Management
1.15  Elect Director Laura D'Andrea Tyson       For       For        Management
1.16  Elect Director Patricia P. Upton          For       For        Management
1.17  Elect Director Edward E. Whitacre, Jr.    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
5     Report on Political Contributions         Against   Against    Shareholder
6     Separate Chairman and CEO Positions       Against   For        Shareholder
7     Report on Pay Disparity                   Against   Against    Shareholder
8     Non-Employee Director Compensation        Against   Against    Shareholder
9     Submit Severance Agreement (Change in     Against   For        Shareholder
      Control) to shareholder Vote
10    Adopt Simple Majority Vote Requirement    Against   Against    Shareholder



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AXA (FORMERLY AXA-UAP)

Ticker:                      Security ID:  F06106102
Meeting Date: DEC 16, 2005   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger by Absorption of Finaxa    For       For        Management
      and Capital Increase in Connection with
      the Merger
2     Approve Accounting Treatment of Merger    For       For        Management
3     Approve Reduction in Share Capital        For       For        Management
4     Assume Obligations of 2.75% 1997/2006     For       For        Management
      Convertible Bonds Issued by Finaxa
5     Assume Obligations of Stock Options       For       For        Management
      Granted by Finaxa
6     Approve Dissolution of Finaxa without     For       For        Management
      Liquidation
7     Amend Articles to Reflect Changes in      For       For        Management
      Capital
8     Authorize Issuance of Convertible Bonds   None      None       Management
      to Holders of Finaxa 3% 1998/2007 Bonds
      Convertible Into Axa Shares
9     Reserve Convertible Bonds Issuance to     None      None       Management
      Holders of Finaxa 3% 1998/2007 Bonds
10    Approve Capital Increase Reserved for     Against   Against    Management
      Employees Participating in
      Savings-Related Share Purchase Plan
11    Authorize Filing of Required              For       For        Management
      Documents/Other Formalities


- --------------------------------------------------------------------------------

AXA (FORMERLY AXA-UAP)

Ticker:                      Security ID:  F06106102
Meeting Date: MAY 4, 2006    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.88 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Election of Norbert Dentressangle as      For       Did Not    Management
      Supervisory Board Member                            Vote
6     Ratify PricewaterhouseCoopers Audit as    For       Did Not    Management
      Auditor                                             Vote
7     Ratify Patrick Frotiee as Alternate       For       Did Not    Management
      Auditor                                             Vote
8     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
9     Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
10    Authorize Filling of Required             For       Did Not    Management
      Documents/Other Formalities                         Vote



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BANK OF AMERICA CORP.

Ticker:       BAC            Security ID:  060505104
Meeting Date: APR 26, 2006   Meeting Type: Annual
Record Date:  MAR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William Barnet, III        For       For        Management
1.2   Elect Director Frank P. Bramble, Sr.      For       For        Management
1.3   Elect Director John T. Collins            For       For        Management
1.4   Elect Director Gary L. Countryman         For       For        Management
1.5   Elect Director Tommy R. Franks            For       For        Management
1.6   Elect Director Paul Fulton                For       For        Management
1.7   Elect Director Charles K. Gifford         For       For        Management
1.8   Elect Director W. Steven Jones            For       For        Management
1.9   Elect Director Kenneth D. Lewis           For       For        Management
1.10  Elect Director Monica C. Lozano           For       For        Management
1.11  Elect Director Walter E. Massey           For       For        Management
1.12  Elect Director Thomas J. May              For       For        Management
1.13  Elect Director Patricia E. Mitchell       For       For        Management
1.14  Elect Director Thomas M. Ryan             For       For        Management
1.15  Elect Director O. Temple Sloan, Jr.       For       For        Management
1.16  Elect Director Meredith R. Spangler       For       For        Management
1.17  Elect Director Robert L. Tillman          For       For        Management
1.18  Elect Director Jackie M. Ward             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Publish Political Contributions           Against   Against    Shareholder
5     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
6     Provide for an Independent Chairman       Against   For        Shareholder
7     Exclude Reference to Sexual Orientation   Against   Against    Shareholder
      from the Company's EEO Statement


- --------------------------------------------------------------------------------

BANK OF MONTREAL

Ticker:       BMO.           Security ID:  063671101
Meeting Date: MAR 2, 2006    Meeting Type: Annual
Record Date:  JAN 12, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Directors Robert M. Astley          For       Did Not    Management
                                                          Vote
1.2   Elect Directors Stephen E. Bachand        For       Did Not    Management
                                                          Vote
1.3   Elect Directors David R. Beatty           For       Did Not    Management
                                                          Vote
1.4   Elect Directors Robert Chevrier           For       Did Not    Management
                                                          Vote
1.5   Elect Directors F. Anthony Comper         For       Did Not    Management
                                                          Vote
1.6   Elect Directors Ronald H. Farmer          For       Did Not    Management
                                                          Vote
1.7   Elect Directors David A. Galloway         For       Did Not    Management
                                                          Vote
1.8   Elect Directors Harold N. Kvisle          For       Did Not    Management
                                                          Vote
1.9   Elect Directors Eva Lee Kwok              For       Did Not    Management
                                                          Vote
1.10  Elect Directors Bruce H. Mitchell         For       Did Not    Management
                                                          Vote
1.11  Elect Directors Philip S. Orsino          For       Did Not    Management
                                                          Vote
1.12  Elect Directors J. Robert S. Prichard     For       Did Not    Management
                                                          Vote
1.13  Elect Directors Jeremy H. Reitman         For       Did Not    Management
                                                          Vote
1.14  Elect Directors Guylaine Saucier          For       Did Not    Management
                                                          Vote
1.15  Elect Directors Nancy C. Southern         For       Did Not    Management
                                                          Vote
2     Ratify KPMG LLP as Auditors               For       Did Not    Management
                                                          Vote
3     Include Financial Statements of Bank      Against   Did Not    Shareholder
      Subsidiaries in Tax Havens in Annual                Vote
      Report
4     Submit Any Increase in Executive          Against   Did Not    Shareholder
      Compensation to a Shareholder Vote                  Vote
5     Persons Tainted by Judicial Findings of   Against   Did Not    Shareholder
      Unethical Behaviour are Not Elible to               Vote
      Serve as Directors



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BARCLAYS PLC

Ticker:       BCLYF          Security ID:  G08036124
Meeting Date: APR 27, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Fulvio Conti as Director            For       For        Management
4     Elect Danie Cronje as Director            For       For        Management
5     Elect Robert Diamond Jr. as Director      For       For        Management
6     Elect Robert Steel as Director            For       For        Management
7     Elect John Sunderland as Director         For       For        Management
8     Re-elect Dame Dawson as Director          For       For        Management
9     Re-elect Sir Richard Broadbent as         For       For        Management
      Director
10    Re-elect Gary Hoffman as Director         For       For        Management
11    Re-elect Naguib Kheraj as Director        For       For        Management
12    Re-elect Sir Nigel Rudd as Director Nigel For       For        Management
      Rudd as Director
13    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
14    Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
15    Authorise the Company to make EU          For       For        Management
      Political Organisation Donations up to
      GBP 25,000 and Incur EU Political
      Expenditure up to GBP 25,000
16    Authorise Barclays Bank plc to make EU    For       For        Management
      Political Organisation Donations up to
      GBP 100,000 and Incur EU Political
      Expenditure up to GBP 100,000
17    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 541,215,604
18    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 81,182,340
19    Authorise 968,600,000 Ordinary Shares for For       For        Management
      Market Purchase



- --------------------------------------------------------------------------------

BASF AG

Ticker:       BFASF          Security ID:  D06216101
Meeting Date: MAY 4, 2006    Meeting Type: Annual
Record Date:  APR 13, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 2.00 per Share
3     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal 2005
4     Approve Discharge of Management Board for For       For        Management
      Fiscal 2005
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors for
      Fiscal 2006
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Authorize Use of Financial Derivatives    For       For        Management
      When Repurchasing Shares
8     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration Scheme; Conducting of
      Shareholder Meetings


- --------------------------------------------------------------------------------

BELLSOUTH CORP.

Ticker:       BLS            Security ID:  079860102
Meeting Date: APR 24, 2006   Meeting Type: Annual
Record Date:  MAR 6, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director F. D. Ackerman             For       For        Management
1.2   Elect Director R. V. Anderson             For       For        Management
1.3   Elect Director J. H. Blanchard            For       For        Management
1.4   Elect Director J. H. Brown                For       For        Management
1.5   Elect Director A. M. Codina               For       For        Management
1.6   Elect Director M. L. Feidler              For       For        Management
1.7   Elect Director K. F. Feldstein            For       For        Management
1.8   Elect Director J. P. Kelly                For       For        Management
1.9   Elect Director L. F. Mullin               For       For        Management
1.10  Elect Director R. B. Smith                For       For        Management
1.11  Elect Director W. S. Stavropoulos         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Political Contributions/Activities        Against   Against    Shareholder



- --------------------------------------------------------------------------------

BOEHLER-UDDEHOLM AG

Ticker:                      Security ID:  A1071G105
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Board                                   Vote
4     Approve Remuneration of Supervisory Board For       Did Not    Management
      Members                                             Vote
5     Ratify Auditors                           For       Did Not    Management
                                                          Vote
6     Approve EUR 9.3 Million Capitalization of For       Did Not    Management
      Reserves for Increase in Par Value                  Vote
7     Approve 4:1 Stock Split                   For       Did Not    Management
                                                          Vote
8     Amend Articles to Reflect Changes in      For       Did Not    Management
      Capital and Stock Split                             Vote
9     Elect Supervisory Board Members           For       Did Not    Management
                                                          Vote


- --------------------------------------------------------------------------------

BOUYGUES SA

Ticker:                      Security ID:  F11487125
Meeting Date: APR 27, 2006   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors                                 Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.90 per Share or                  Vote
      Investment Certificate
4     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Reserve Account             Vote
      to Other Reserves Account
5     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
6     Ratify Appointment of Patricia Barbizet   For       Did Not    Management
      as Director                                         Vote
7     Ratify Appointment of Francois-Jean-Henri For       Did Not    Management
      Pinault as Director                                 Vote
8     Reelect Martin Bouygues as Director       For       Did Not    Management
                                                          Vote
9     Reelect Monique Bouygues as Director      For       Did Not    Management
                                                          Vote
10    Reelect Georges Chodron de Courcel as     For       Did Not    Management
      Director                                            Vote
11    Elect Francois Bertiere as Director       For       Did Not    Management
                                                          Vote
12    Change Location of Registered Office      For       Did Not    Management
                                                          Vote
13    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital or Investment               Vote
      Certificates
14    Approve Issuance of Free Warrants Up to   For       Did Not    Management
      an Aggregate Nominal Amount of EUR 150              Vote
      Million During a Takeover
15    Approve Conversion of Investment          For       Did Not    Management
      Certificates and Voting Certificates into           Vote
      Ordinary Shares Pursuant to Approval of
      Conversion of Investment Certificates and
      Voting Certificates into Ordinary Shares
      by Special Meeting for Holders of Voting
      Certificates
16    Authorize Board to Increase Capital       For       Did Not    Management
      During Takeover                                     Vote
17    Approve Issuance of Free Warrants Up to   For       Did Not    Management
      an Aggregate Nominal Amount of EUR 150              Vote
      Million During a Takeover
18    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
19    Approve Issuance of Preference Shares     For       Did Not    Management
      without Voting Rights Up to an Aggregate            Vote
      Nominal Amount of EUR 10 Million
20    Amend Articles of Association Re: Term of For       Did Not    Management
      Mandate for Censors                                 Vote
21    Authorize Filling of Required             For       Did Not    Management
      Documents/Other Formalities                         Vote



- --------------------------------------------------------------------------------

BP PLC  (FORM. BP AMOCO PLC )

Ticker:       BPAQF          Security ID:  G12793181
Meeting Date: APR 20, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Re-elect David Allen as Director          For       For        Management
4     Re-elect Lord Browne of Madingley as      For       For        Management
      Director
5     Re-elect John Bryan as Director           For       For        Management
6     Re-elect Antony Burgmans as Director      For       For        Management
7     Re-elect Iain Conn as Director            For       For        Management
8     Re-elect Errol Davis Jr. as Director      For       For        Management
9     Re-elect Douglas Flint as Director        For       For        Management
10    Re-elect Byron Grote as Director          For       For        Management
11    Re-elect Anthony Hayward as Director      For       For        Management
12    Re-elect DeAnne Julius as Director        For       For        Management
13    Re-elect Sir Tom McKillop as Director     For       For        Management
14    Re-elect John Manzoni as Director         For       For        Management
15    Re-elect Walter Massey as Director        For       For        Management
16    Re-elect Sir Ian Prosser as Director      For       For        Management
17    Re-elect Michael Wilson as Director       For       For        Management
18    Re-elect Peter Sutherland as Director     For       For        Management
19    Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
20    Authorise 2,000,000,000 Ordinary Shares   For       For        Management
      for Market Purchase
21    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,690,000,000
22    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 253,000,000



- --------------------------------------------------------------------------------

CANADIAN IMPERIAL BANK OF COMMERCE

Ticker:       CM.            Security ID:  136069101
Meeting Date: MAR 2, 2006    Meeting Type: Annual
Record Date:  JAN 11, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Ratify Ernst & Young as Auditors          For       For        Management
2.1   Elect Director B.S. Belzberg              For       For        Management
2.2   Elect Director J.H. Bennett               For       For        Management
2.3   Elect Director G.F. Colter                For       For        Management
2.4   Elect Director W.L. Duke                  For       For        Management
2.5   Elect Director I.E.H. Duvar               For       For        Management
2.6   Elect Director W.A. Etherington           For       For        Management
2.7   Elect Director M.A. Franssen              For       For        Management
2.8   Elect Director G.D. Giffin                For       For        Management
2.9   Elect Director J.A. Grant                 For       For        Management
2.10  Elect Director L.S. Hasenfratz            For       For        Management
2.11  Elect Director P.M. Hayles                For       For        Management
2.12  Elect Director J.S. Lacey                 For       For        Management
2.13  Elect Director J.P. Manley                For       For        Management
2.14  Elect Director G.T. McCaughey             For       For        Management
2.15  Elect Director C. Sirois                  For       For        Management
2.16  Elect Director S.G. Snyder                For       For        Management
2.17  Elect Director C.M. Trudell               For       For        Management
2.18  Elect Director R.W. Tysoe                 For       For        Management
3     Persons Tainted by Judicial Findings of   Against   Against    Shareholder
      Unethical Behaviour are Not Eligible to
      Serve as Directors
4     Include Financial Statements of Bank      Against   Against    Shareholder
      Subsidiaries in Tax Havens in the Annual
      Report
5     Submit Any Increase in Senior Executive   Against   Against    Shareholder
      Compensation to a Shareholder Vote


- --------------------------------------------------------------------------------

CHEVRON CORPORATION

Ticker:       CVX            Security ID:  166764100
Meeting Date: APR 26, 2006   Meeting Type: Annual
Record Date:  MAR 6, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Samuel H. Armacost         For       For        Management
1.2   Elect Director Linnet F. Deily            For       For        Management
1.3   Elect Director Robert E. Denham           For       For        Management
1.4   Elect Director Robert J. Eaton            For       For        Management
1.5   Elect Director Sam Ginn                   For       For        Management
1.6   Elect Director Franklyn G. Jenifer        For       For        Management
1.7   Elect Director Sam Nunn                   For       For        Management
1.8   Elect Director David J. O'Reilly          For       For        Management
1.9   Elect Director Donald B. Rice             For       For        Management
1.10  Elect Director Peter J. Robertson         For       For        Management
1.11  Elect Director Charles R. Shoemate        For       For        Management
1.12  Elect Director Ronald D. Sugar            For       For        Management
1.13  Elect Director Carl Ware                  For       For        Management
2     Ratify Auditors                           For       For        Management
3     Company-Specific-Reimbursement of         Against   For        Shareholder
      Stockholder Proposal
4     Report on Environmental Impact of         Against   Against    Shareholder
      Drilling in Sensitive Areas
5     Report on Political Contributions         Against   Against    Shareholder
6     Adopt an Animal Welfare Policy            Against   Against    Shareholder
7     Adopt a Human Rights Policy               Against   Against    Shareholder
8     Report on Remediation Expenses in Ecuador Against   Against    Shareholder



- --------------------------------------------------------------------------------

CISCO SYSTEMS, INC.

Ticker:       CSCO           Security ID:  17275R102
Meeting Date: NOV 15, 2005   Meeting Type: Annual
Record Date:  SEP 16, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Carol A. Bartz            For       For        Management
1.2   Elect  Director M. Michele Burns          For       For        Management
1.3   Elect  Director Larry R. Carter           For       For        Management
1.4   Elect  Director John T. Chambers          For       For        Management
1.5   Elect  Director Dr. John L. Hennessy      For       For        Management
1.6   Elect  Director Richard M. Kovacevich     For       For        Management
1.7   Elect  Director Roderick C. McGeary       For       For        Management
1.8   Elect  Director James C. Morgan           For       For        Management
1.9   Elect  Director John P. Morgridge         For       For        Management
1.10  Elect  Director Steven M. West            For       For        Management
1.11  Elect  Director Jerry Yang                For       For        Management
2     Approve Stock Option Plan                 For       For        Management
3     Ratify Auditors                           For       For        Management
4     Review/Limit Executive Compensation       Against   For        Shareholder
5     Report on Pay Disparity                   Against   Against    Shareholder
6     Report on Human Rights Policy             Against   Against    Shareholder


- --------------------------------------------------------------------------------

COLONIAL PROPERTIES TRUST

Ticker:       CLP            Security ID:  195872106
Meeting Date: APR 26, 2006   Meeting Type: Annual
Record Date:  MAR 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Carl F. Bailey             For       For        Management
1.2   Elect Director M. Miller Gorrie           For       For        Management
1.3   Elect Director William M. Johnson         For       For        Management
1.4   Elect Director Glade M. Knight            For       For        Management
1.5   Elect Director James K. Lowder            For       For        Management
1.6   Elect Director Thomas H. Lowder           For       For        Management
1.7   Elect Director Herbert A. Meisler         For       For        Management
1.8   Elect Director Claude B. Nielsen          For       For        Management
1.9   Elect Director Harold W. Ripps            For       For        Management
1.10  Elect Director Donald T. Senterfitt       For       For        Management
1.11  Elect Director John W. Spiegel            For       For        Management
2     Ratify Auditors                           For       For        Management



- --------------------------------------------------------------------------------

COMERICA INC.

Ticker:       CMA            Security ID:  200340107
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:  MAR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lillian Bauder             For       For        Management
1.2   Elect Director Anthony F. Earley, Jr.     For       For        Management
1.3   Elect Director Robert S. Taubman          For       For        Management
1.4   Elect Director Reginald M. Turner, Jr.    For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

CONAGRA FOODS INC.

Ticker:       CAG            Security ID:  205887102
Meeting Date: SEP 22, 2005   Meeting Type: Annual
Record Date:  JUL 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Howard G. Buffett          For       For        Management
1.2   Elect Director John T. Chain, Jr.         For       For        Management
1.3   Elect Director Ronald W. Roskens          For       For        Management
1.4   Elect Director Kenneth E. Stinson         For       For        Management
2     Declassify the Board of Directors         For       Against    Management
3     Reduce Supermajority Vote Requirement     For       For        Management
4     Reduce Supermajority Vote Requirement     For       For        Management
5     Ratify Auditors                           For       For        Management
6     Report on Feasibility of Improving Animal Against   Against    Shareholder
      Welfare Standards
7     Report on Genetically Modified Organisms  Against   Against    Shareholder
      (GMO)
8     Review/Limit Executive Compensation       Against   Against    Shareholder


- --------------------------------------------------------------------------------

CONSOLIDATED EDISON, INC.

Ticker:       ED             Security ID:  209115104
Meeting Date: MAY 15, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Kevin Burke                For       For        Management
1.2   Elect Director Vincent A. Calarco         For       For        Management
1.3   Elect Director George Campbell, Jr.       For       For        Management
1.4   Elect Director Gordon J. Davis            For       For        Management
1.5   Elect Director Michael J. Del Giudice     For       For        Management
1.6   Elect Director Ellen V. Futter            For       For        Management
1.7   Elect Director Sally Hernandez            For       For        Management
1.8   Elect Director Peter W. Likins            For       For        Management
1.9   Elect Director Eugene R. McGrath          For       For        Management
1.10  Elect Director Frederick V. Salerno       For       For        Management
1.11  Elect Director L. Frederick Sutherland    For       For        Management
1.12  Elect Director Stephen R. Volk            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Disclosure of Executive          Against   Against    Shareholder
      Compensation



- --------------------------------------------------------------------------------

DANSKE BANK AS (FORMERLY DEN DANSKE BANK)

Ticker:                      Security ID:  K22272114
Meeting Date: MAR 14, 2006   Meeting Type: Annual
Record Date:  FEB 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements; Approve     For       For        Management
      Discharge of Management and Board;
      Approve Allocation of Income and
      Dividends of DKK 10 Per Share
2     Amend Articles Re: Reduce Board Term of   For       For        Management
      Directors From Four to Two Years; Reduce
      Range of Shareholder-Elected Board
      Members (6-10); Removal of Article
      Concerning Director Election
3     Reelect Sten Scheibye, Birgit             For       For        Management
      Aagaard-Svendsen, Alf Duch-Pedersen,
      Henning Christophersen, and Claus Vastrup
      to the Supervisory Board
4     Reappoint Grant Thornton and KPMG C.      For       For        Management
      Jespersen as Auditors
5     Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
6     Amend Articles Re: Delete Secondary Name; For       Against    Management
      Extend Authorisations to Increase Share
      Capital to March 1, 2011; Allow
      Electronic Publishing of Meeting Notice;
      Remove Clause Concerning Discharge of
      Directors
7     Shareholder Proposal Re: Danske Bank As   None      Against    Shareholder
      Place of Depository


- --------------------------------------------------------------------------------

DUKE ENERGY CORP.

Ticker:       DUK            Security ID:  264399106
Meeting Date: MAR 10, 2006   Meeting Type: Special
Record Date:  JAN 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management



- --------------------------------------------------------------------------------

ELECTROCOMPONENTS PLC

Ticker:                      Security ID:  G29848101
Meeting Date: JUL 15, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 12.6 Pence Per  For       For        Management
      Ordinary Share
4     Elect Kevin Abbott as Director            For       For        Management
5     Re-elect Robert Lawson as Director        For       For        Management
6     Re-elect Keith Hamill as Director         For       For        Management
7     Re-elect Dieter Lennertz as Director      For       For        Management
8     Reappoint KPMG Audit plc as Auditors and  For       For        Management
      Authorise the Board to Determine Their
      Remuneration
9     Authorise 43,525,000 Ordinary Shares for  For       For        Management
      Market Purchase
10    Amend Articles of Association Re:         For       For        Management
      Indemnification of Directors


- --------------------------------------------------------------------------------

ELI LILLY AND CO.

Ticker:       LLY            Security ID:  532457108
Meeting Date: APR 24, 2006   Meeting Type: Annual
Record Date:  FEB 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Martin S. Feldstein, Ph.D. For       For        Management
1.2   Elect Director J. Erik Fyrwald            For       For        Management
1.3   Elect Director Ellen R. Marram            For       For        Management
1.4   Elect Director Sidney Taurel              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Animal Welfare Policy           Against   Against    Shareholder
4     Separate Chairman and CEO Positions       Against   For        Shareholder
5     Declassify the Board of Directors         Against   Against    Shareholder
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


- --------------------------------------------------------------------------------

EMERSON ELECTRIC CO.

Ticker:       EMR            Security ID:  291011104
Meeting Date: FEB 7, 2006    Meeting Type: Annual
Record Date:  NOV 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director A. A. Busch,III            For       For        Management
1.2   Elect Director A. F. Golden               For       For        Management
1.3   Elect Director V. R. Loucks, Jr           For       For        Management
1.4   Elect Director J. B. Menzer               For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Submit Severance Agreement                Against   For        Shareholder
      (Change-in-Control) to Shareholder Vote



- --------------------------------------------------------------------------------

ENBRIDGE INC.

Ticker:       ENB.           Security ID:  29250N105
Meeting Date: MAY 3, 2006    Meeting Type: Annual
Record Date:  MAR 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David A. Arledge           For       For        Management
1.2   Elect Director James J. Blanchard         For       For        Management
1.3   Elect Director J. Lorne Braithwaite       For       For        Management
1.4   Elect Director Patrick D. Daniel          For       For        Management
1.5   Elect Director E. Susan Evans             For       For        Management
1.6   Elect Director William R. Fatt            For       For        Management
1.7   Elect Director David A. Leslie            For       For        Management
1.8   Elect Director Robert W. Martin           For       For        Management
1.9   Elect Director George K. Petty            For       For        Management
1.10  Elect Director Charles E. Shultz          For       For        Management
1.11  Elect Director Donald J. Taylor           For       For        Management
1.12  Elect Director Dan C. Tutcher             For       For        Management
2     Ratify PricewaterhouseCoopers LLP as      For       For        Management
      Auditors and Authorize Board to Fix
      Remuneration of Auditors


- --------------------------------------------------------------------------------

ENEL SPA

Ticker:       ESOCF          Security ID:  T3679P115
Meeting Date: MAY 26, 2006   Meeting Type: Annual
Record Date:  MAY 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements, Consolidated For       Did Not    Management
      Financial Statements and Statutory                  Vote
      Reports for the Fiscal Year 2005
2     Approve Allocation of Income              For       Did Not    Management
                                                          Vote
3     Approve 2006 Stock Option Plan for the    For       Did Not    Management
      Management of the Company and its                   Vote
      Subsidiaries



- --------------------------------------------------------------------------------

ENEL SPA

Ticker:       ESOCF          Security ID:  T3679P115
Meeting Date: MAY 26, 2006   Meeting Type: Special
Record Date:  MAY 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Capital Increase in the Maximum   For       Did Not    Management
      Amount of EUR 31.79 Million Through                 Vote
      Issuance of Shares (Without Preemptive
      Rights) Pursuant to 2006 Share Option
      Scheme in Favor of the Management of Enel
      SpA and its Subsidiaries; Amend Bylaws
      Accordingly (Art. 5)
2     Procedure for the Election of the         For       Did Not    Management
      Responsible for the Preparation of                  Vote
      Company's Accounting Records; Integrate
      Article 20 of the Bylaws


- --------------------------------------------------------------------------------

EQUITY RESIDENTIAL

Ticker:       EQR            Security ID:  29476L107
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John W. Alexander          For       For        Management
1.2   Elect Director Charles L. Atwood          For       For        Management
1.3   Elect Director Stephen O. Evans           For       For        Management
1.4   Elect Director James D. Harper, Jr.       For       For        Management
1.5   Elect Director Boone A. Knox              For       For        Management
1.6   Elect Director David J. Neithercut        For       For        Management
1.7   Elect Director Desiree G. Rogers          For       For        Management
1.8   Elect Director Sheli Z. Rosenberg         For       For        Management
1.9   Elect Director Gerald A. Spector          For       For        Management
1.10  Elect Director B. Joseph White            For       For        Management
1.11  Elect Director Samuel Zell                For       For        Management
2     Ratify Auditors                           For       For        Management



- --------------------------------------------------------------------------------

EXXON MOBIL CORP.

Ticker:       XOM            Security ID:  30231G102
Meeting Date: MAY 31, 2006   Meeting Type: Annual
Record Date:  APR 6, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael J. Boskin          For       For        Management
1.2   Elect Director William W. George          For       For        Management
1.3   Elect Director James R. Houghton          For       For        Management
1.4   Elect Director William R. Howell          For       For        Management
1.5   Elect Director Reatha Clark King          For       For        Management
1.6   Elect Director Philip E. Lippincott       For       For        Management
1.7   Elect Director Henry A. McKinnell, Jr.    For       For        Management
1.8   Elect Director Marilyn Carlson Nelson     For       For        Management
1.9   Elect Director Samuel J. Palmisano        For       For        Management
1.10  Elect Director Walter V. Shipley          For       For        Management
1.11  Elect Director J. Stephen Simon           For       For        Management
1.12  Elect Director Rex W. Tillerson           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   Against    Shareholder
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
5     Company-Specific-Nominate Independent     Against   Against    Shareholder
      Director with Industry Experience
6     Require Director Nominee Qualifications   Against   Against    Shareholder
7     Non-Employee Director Compensation        Against   Against    Shareholder
8     Separate Chairman and CEO Positions       Against   For        Shareholder
9     Review Executive Compensation             Against   Against    Shareholder
10    Link Executive Compensation to Social     Against   Against    Shareholder
      Issues
11    Report on Political Contributions         Against   Against    Shareholder
12    Report on Charitable Contributions        Against   Against    Shareholder
13    Amend Equal Employment Opportunity Policy Against   Against    Shareholder
      to Prohibit Discrimination Based on
      Sexual Orientation
14    Report on Damage Resulting from Drilling  Against   Against    Shareholder
      for Oil and gas in Protected Areas
15    Report Accountability for Company's       Against   Against    Shareholder
      Environmental Impacts due to Operation


- --------------------------------------------------------------------------------

FIRST INDUSTRIAL REALTY TRUST, INC.

Ticker:       FR             Security ID:  32054K103
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 21, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James F. Millar            For       For        Management
1.2   Elect Director John Rau                   For       For        Management
1.3   Elect Director Robert J. Slater           For       For        Management
1.4   Elect Director W. Ed Tyler                For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management



- --------------------------------------------------------------------------------

GALLAHER GROUP PLC

Ticker:       GLHGF          Security ID:  G3708C105
Meeting Date: MAY 10, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 22.9 Pence Per  For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect John Gildersleeve as Director    For       For        Management
5     Re-elect Sir Graham Hearne as Director    For       For        Management
6     Re-elect Ronnie Bell as Director          For       For        Management
7     Re-elect Mark Rolfe as Director           For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
9     Authorise the Company to Make EU          For       For        Management
      Political Organisations Donations and
      Incur EU Political Expenditure up to GBP
      50,000
10    Authorise Gallaher Ltd. to Make EU        For       For        Management
      Political Organisations Donations and
      Incur EU Political Expenditure up to GBP
      50,000
11    Authorise Austria Tabak GmbH & Co. KG to  For       For        Management
      Make EU Political Organisations Donations
      and Incur EU Political Expenditure up to
      GBP 50,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 21,867,530
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,280,130
14    Authorise 65,602,600 Ordinary Shares for  For       For        Management
      Market Purchase


- --------------------------------------------------------------------------------

GENERAL ELECTRIC CO.

Ticker:       GE             Security ID:  369604103
Meeting Date: APR 26, 2006   Meeting Type: Annual
Record Date:  FEB 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James I. Cash, Jr.         For       For        Management
1.2   Elect Director Sir William M. Castell     For       For        Management
1.3   Elect Director Ann M. Fudge               For       For        Management
1.4   Elect Director Claudio X. Gonzalez        For       For        Management
1.5   Elect Director Jeffrey R. Immelt          For       For        Management
1.6   Elect Director Andrea Jung                For       For        Management
1.7   Elect Director Alan G. Lafley             For       For        Management
1.8   Elect Director Robert W. Lane             For       For        Management
1.9   Elect Director Ralph S. Larsen            For       For        Management
1.10  Elect Director Rochelle B. Lazarus        For       For        Management
1.11  Elect Director Sam Nunn                   For       For        Management
1.12  Elect Director Roger S. Penske            For       For        Management
1.13  Elect Director Robert J. Swieringa        For       For        Management
1.14  Elect Director Douglas A. Warner, III     For       For        Management
1.15  Elect Director Robert C. Wright           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
4     Adopt Policy on Overboarded Directors     Against   Against    Shareholder
5     Company-Specific -- One Director from the Against   Against    Shareholder
      Ranks of the Retirees
6     Separate Chairman and CEO Positions       Against   Against    Shareholder
7     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
8     Report on Environmental Policies          Against   Against    Shareholder



- --------------------------------------------------------------------------------

GEORGE WIMPEY PLC

Ticker:                      Security ID:  G96872109
Meeting Date: APR 20, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 11.9 Pence Per  For       For        Management
      Share
3     Re-elect John Robinson as Director        For       For        Management
4     Re-elect David Williams as Director       For       For        Management
5     Elect Anthony Reading as Director         For       For        Management
6     Elect Robert Sharpe as Director           For       For        Management
7     Elect Steve Parker as Director            For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 33,070,976
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 4,960,646
11    Authorise 39,685,172 Ordinary Shares for  For       For        Management
      Market Purchase
12    Approve Remuneration Report               For       For        Management
13    Amend Articles of Association Re:         For       For        Management
      Indemnification


- --------------------------------------------------------------------------------

GLAXOSMITHKLINE PLC (FORMERLY GLAXO WELLCOME PLC )

Ticker:       GLAXF          Security ID:  G3910J112
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Moncef Slaoui as Director           For       For        Management
4     Elect Tom de Swaan as Director            For       For        Management
5     Re-elect Lawrence Culp as Director        For       For        Management
6     Re-elect Sir Crispin Davis as Director    For       For        Management
7     Re-elect Ronaldo Schmitz as Director      For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
9     Authorize Audit Committee to Fix          For       For        Management
      Remuneration of Auditors
10    Approve the Company to Make EU Political  For       For        Management
      Organisation Donations up to GBP 50,000
      and Incur EU Political Expenditure up to
      GBP 50,000
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 485,201,557
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 72,780,233
13    Authorise 582,241,869 Ordinary Shares for For       For        Management
      Market Purchase



- --------------------------------------------------------------------------------

GUNNS LTD.

Ticker:       GNS            Security ID:  Q4393F105
Meeting Date: OCT 27, 2005   Meeting Type: Annual
Record Date:  OCT 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Adopt Remuneration Report for Year Ended  For       For        Management
      30 June 2005
3a    Elect C. A. van der Kley as Director      For       For        Management
3b    Elect D. M. McQuestin as Director         For       For        Management
3c    Elect S. Mayne as Director                Against   Against    Shareholder


- --------------------------------------------------------------------------------

HANG SENG BANK

Ticker:                      Security ID:  Y30327103
Meeting Date: APR 26, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Elect Patrick K W Chan as Director        For       For        Management
2b    Elect Jenkin Hui as Director              For       For        Management
2c    Elect Peter T C Lee as Director           For       For        Management
2d    Elect Raymond C F Or as Director          For       For        Management
2e    Elect Michael R P Smith as Director       For       For        Management
2f    Elect Richard Y S Tang as Director        For       For        Management
2g    Elect Peter T S Wong as Director          For       For        Management
3     Approve Increase in Remuneration of       For       For        Management
      Chairman and Each of the Directors
      (Except Vice Chairman) to HK$230,000
      (2005:HK$200,000) Per Annum and
      HK$150,000 (2005:HK$125,000) Per Annum
      Respectively
4     Reappoint Auditors and Authorize Board to For       For        Management
      Fix Their Remuneration
5     Amend Articles of Association             For       For        Management
6     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
7     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights



- --------------------------------------------------------------------------------

HEALTH CARE REIT, INC.

Ticker:       HCN            Security ID:  42217K106
Meeting Date: MAY 4, 2006    Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Pier C. Borra              For       For        Management
1.2   Elect Director George L. Chapman          For       For        Management
1.3   Elect Director Sharon M. Oster            For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

HENNES & MAURITZ AB

Ticker:                      Security ID:  W41422101
Meeting Date: MAY 3, 2006    Meeting Type: Annual
Record Date:  APR 26, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting                 For       For        Management
3     Receive CEO's Report                      None      None       Management
4     Prepare and Approve List of Shareholders  For       For        Management
5     Approve Agenda of Meeting                 For       For        Management
6     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
7     Acknowledge Proper Convening of Meeting   For       For        Management
8a    Receive Auditors and Audit Committee's    None      None       Management
      Reports
8b    Receive Chairman's Report                 None      None       Management
8c    Receive Nominating Committee's Report     None      None       Management
9a    Approve Financial Statements and          For       For        Management
      Statutory Reports
9b    Approve Allocation of Income and          For       For        Management
      Dividends of SEK 9.5 per Share
9c    Approve Discharge of Board and President  For       For        Management
10    Determine Number of Members (8) and       For       For        Management
      Deputy Members (1) of Board
11    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 3.9 Million;
      Approve Remuneration of Auditors
12    Reelect Fred Andersson, Sussi Kvart, Bo   For       Against    Management
      Lundquist, Stig Nordfelt, Stefan Persson,
      and Melker Schoerling as Directors; Elect
      Karl-Johan Persson and Lottie Knutson as
      New Directors; Reelect Stefan Persson as
      Chairman
13    Authorize Chairman of Board and           For       For        Management
      Representatives of Five of Company's
      Largest Shareholders to Serve on
      Nominating Committee
14    Amend Articles Re: Various Changes to     For       For        Management
      Comply with the New Swedish Companies Act



- --------------------------------------------------------------------------------

HEWLETT-PACKARD CO.

Ticker:       HPQ            Security ID:  428236103
Meeting Date: MAR 15, 2006   Meeting Type: Annual
Record Date:  JAN 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director P.C. Dunn                  For       For        Management
1.2   Elect Director L.T. Babbio, Jr.           For       For        Management
1.3   Elect Director S.M. Baldauf               For       For        Management
1.4   Elect Director R.A. Hackborn              For       For        Management
1.5   Elect Director J.H. Hammergren            For       For        Management
1.6   Elect Director M.V. Hurd                  For       For        Management
1.7   Elect Director G.A. Keyworth Ii           For       For        Management
1.8   Elect Director T.J. Perkins               For       For        Management
1.9   Elect Director R.L. Ryan                  For       For        Management
1.10  Elect Director L.S. Salhany               For       For        Management
1.11  Elect Director R.P. Wayman                For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
5     Claw-Back of Payments under Restatement   Against   Against    Shareholder


- --------------------------------------------------------------------------------

HOME DEPOT, INC. (THE)

Ticker:       HD             Security ID:  437076102
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  MAR 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Gregory D. Brenneman       For       For        Management
1.2   Elect Director John L. Clendenin          For       For        Management
1.3   Elect Director Claudio X. Gonzalez        For       For        Management
1.4   Elect Director Milledge A. Hart, III      For       For        Management
1.5   Elect Director Bonnie G. Hill             For       For        Management
1.6   Elect Director Laban P. Jackson, Jr.      For       For        Management
1.7   Elect Director Lawrence R. Johnston       For       For        Management
1.8   Elect Director Kenneth G. Langone         For       For        Management
1.9   Elect Director Angelo R. Mozilo           For       For        Management
1.10  Elect Director Robert L. Nardelli         For       For        Management
1.11  Elect Director Thomas J. Ridge            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Disclosure of Executive          Against   For        Shareholder
      Compensation
4     Report on EEOC-Related Activities         Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   For        Shareholder
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
7     Submit Supplemental Executive Retirement  Against   For        Shareholder
      Plans to Shareholder vote
8     Report on Political Contributions         Against   Against    Shareholder
9     Increase Disclosure of Executive          Against   For        Shareholder
      Compensation
10    Affirm Political Non-partisanship         Against   Against    Shareholder



- --------------------------------------------------------------------------------

HONGKONG ELECTRIC HOLDINGS LTD.

Ticker:       HGKGF          Security ID:  Y33549117
Meeting Date: DEC 13, 2005   Meeting Type: Special
Record Date:  DEC 7, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Disposal by the Company of        For       For        Management
      Interests in CKI/HEI Electricity
      Distribution Hldgs. (Australia) Pty. Ltd.
      and ETSA Utilities and All Related
      Transactions


- --------------------------------------------------------------------------------

HONGKONG ELECTRIC HOLDINGS LTD.

Ticker:       HGKGF          Security ID:  Y33549117
Meeting Date: MAY 11, 2006   Meeting Type: Annual
Record Date:  MAY 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2a    Approve Final Dividend of HK$1.01 Per     For       For        Management
      Share
2b    Approve Special Dividend of HK$0.73 Per   For       For        Management
      Share
3a    Reelect Neil Douglas McGee as Director    For       For        Management
3b    Reelect Wan Chi-tin as Director           For       For        Management
3c    Reelect Ralph Raymond Shea as Director    For       For        Management
3d    Reelect Wong Chung-hin as Director        For       For        Management
4     Reappoint KPMG as Auditors and Authorize  For       For        Management
      Board to Fix Their Remuneration
5     Approve Issuance of Equity or             For       Against    Management
      Equity-Linked Securities without
      Preemptive Rights
6     Authorize Repurchase of Up to 10 Percent  For       For        Management
      of Issued Share Capital
7     Authorize Reissuance of Repurchased       For       For        Management
      Shares
8     Amend Articles of Association             For       For        Management



- --------------------------------------------------------------------------------

HOSPITALITY PROPERTIES TRUST

Ticker:       HPT            Security ID:  44106M102
Meeting Date: MAY 23, 2006   Meeting Type: Annual
Record Date:  MAR 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Trustee Frank J. Bailey             For       For        Management
1.2   Elect Trustee Gerard M. Martin            For       For        Management
2     Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
3     Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
4     Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
5     Adjourn Meeting                           For       For        Management


- --------------------------------------------------------------------------------

HSBC HOLDINGS PLC

Ticker:       HBCYF          Security ID:  G4634U169
Meeting Date: MAY 26, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3 (a) Re-elect Baroness Lydia Dunn as Director  For       For        Management
3 (b) Re-elect Michael Geoghegan as Director    For       For        Management
3 (c) Re-elect Stephen Green as Director        For       For        Management
3 (d) Re-elect Sir Mark Moody-Stuart as         For       For        Management
      Director
3 (e) Elect Simon Robertson as Director         For       For        Management
3 (f) Re-elect Helmut Sohmen as Director        For       For        Management
3 (g) Re-elect Sir Brian Williamson as Director For       For        Management
4     Reappoint KPMG Audit plc as Auditors and  For       For        Management
      Authorise the Audit Committee to
      Determine Their Remuneration
5     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      USD 1,137,200,000
6     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of USD 284,300,000
7     Authorise 10 Percent of Ordinary Shares   For       For        Management
      for Market Purchase
8     Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 65,000



- --------------------------------------------------------------------------------

INDRA SISTEMAS SA

Ticker:                      Security ID:  E6271Z155
Meeting Date: JUN 21, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Individual Financial Statements   For       For        Management
      and Allocation of Income
2     Accept Consolidated Financial Statements  For       For        Management
      and Statutory Reports
3     Approve Discharge of Directors            For       For        Management
4     Approve Merger by Absorption of           For       For        Management
      Algoritmos y Sistemas, S.L.; Approve
      Merged Balance Sheet Closing 12-31-05;
      Approve Fiscal Consolidation of the Tax
      Regime
5     Approve Merger by Absorption of Indra     For       For        Management
      ATM, S.L.; Approve Merged Balance Sheet
      Closing 12-31-05; Approve Fiscal
      Consolidation of the Tax Regime
6     Amend Article 13 of the Company Bylaws    For       For        Management
      Re: Convening of General Meeting
7     Amend Articles 2 and 31 of the Company    For       For        Management
      Bylaws Re: Company's Mission; Fiscal Year
      End
8     Amend Articles of the General Meeting     For       For        Management
      Guidelines Re: Convening of General
      Meeting
9     Approve Auditors for Fiscal Year 2006     For       For        Management
10    Authorize Repurchase of Shares            For       For        Management
11    Allow Questions                           None      None       Management
12    Approve Minutes of Meeting                For       For        Management


- --------------------------------------------------------------------------------

INTEL CORP.

Ticker:       INTC           Security ID:  458140100
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Craig R. Barrett           For       For        Management
2     Elect Director Charlene Barshefsky        For       For        Management
3     Elect Director E. John P. Browne          For       For        Management
4     Elect Director D. James Guzy              For       For        Management
5     Elect Director Reed E. Hundt              For       For        Management
6     Elect Director Paul S. Otellini           For       For        Management
7     Elect Director James D. Plummer           For       For        Management
8     Elect Director David S. Pottruck          For       For        Management
9     Elect Director Jane E. Shaw               For       For        Management
10    Elect Director John L. Thornton           For       For        Management
11    Elect Director David B. Yoffie            For       For        Management
12    Rescind Fair Price Provision              For       For        Management
13    Amend Articles/Bylaws/Repeal              For       For        Management
      Supermajority Vote
14    Ratify Auditors                           For       For        Management
15    Approve Omnibus Stock Plan                For       For        Management
16    Approve Qualified Employee Stock Purchase For       For        Management
      Plan



- --------------------------------------------------------------------------------

INTERNATIONAL BUSINESS MACHINES CORP.

Ticker:       IBM            Security ID:  459200101
Meeting Date: APR 25, 2006   Meeting Type: Annual
Record Date:  FEB 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Cathleen Black             For       For        Management
1.2   Elect Director Kenneth I. Chenault        For       For        Management
1.3   Elect Director Juergen Dormann            For       For        Management
1.4   Elect Director Michael L. Eskew           For       For        Management
1.5   Elect Director Shirley Ann Jackson        For       For        Management
1.6   Elect Director Minoru Makihara            For       For        Management
1.7   Elect Director Lucio A. Noto              For       For        Management
1.8   Elect Director James W. Owens             For       For        Management
1.9   Elect Director Samuel J. Palmisano        For       For        Management
1.10  Elect Director Joan E. Spero              For       For        Management
1.11  Elect Director Sidney Taurel              For       For        Management
1.12  Elect Director Charles M. Vest            For       For        Management
1.13  Elect Director Lorenzo H. Zambrano        For       Withhold   Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   Against    Shareholder
4     Evaluate Age Discrimination in Retirement Against   Against    Shareholder
      Plans
5     Time-Based Equity Awards                  Against   For        Shareholder
6     Increase Disclosure of Executive          Against   For        Shareholder
      Compensation
7     Report on Outsourcing                     Against   Against    Shareholder
8     Implement/ Increase Activity on the China Against   Against    Shareholder
      Principles
9     Report on Political Contributions         Against   Against    Shareholder
10    Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
11    Adopt Simple Majority Vote                Against   For        Shareholder


- --------------------------------------------------------------------------------

JOHNSON & JOHNSON

Ticker:       JNJ            Security ID:  478160104
Meeting Date: APR 27, 2006   Meeting Type: Annual
Record Date:  FEB 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Mary S. Coleman            For       For        Management
1.2   Elect Director James G. Cullen            For       For        Management
1.3   Elect Director Robert J. Darretta         For       For        Management
1.4   Elect Director Michael M. E. Johns        For       For        Management
1.5   Elect Director Ann D. Jordan              For       For        Management
1.6   Elect Director Arnold G. Langbo           For       For        Management
1.7   Elect Director Susan L. Lindquist         For       For        Management
1.8   Elect Director Leo F. Mullin              For       For        Management
1.9   Elect Director Christine A. Poon          For       For        Management
1.10  Elect Director Charles Prince             For       For        Management
1.11  Elect Director Steven S. Reinemund        For       For        Management
1.12  Elect Director David Satcher              For       For        Management
1.13  Elect Director William C. Weldon          For       For        Management
2     Amend Articles to Remove Antitakeover     For       For        Management
      Provision
3     Ratify Auditors                           For       For        Management
4     Disclose Charitable Contributions         Against   Against    Shareholder
5     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors



- --------------------------------------------------------------------------------

KESKO

Ticker:                      Security ID:  X44874109
Meeting Date: MAR 27, 2006   Meeting Type: Annual
Record Date:  MAR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      None       Management
      Statutory Reports
1.2   Receive Auditors' Report                  None      None       Management
1.3   Accept Financial Statements and Statutory For       For        Management
      Reports
1.4   Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.10 Per Share
1.5   Approve Discharge of Board and President  For       For        Management
1.6   Approve Remuneration of Directors and     For       For        Management
      Auditors
1.7   Fix Number of Directors                   For       For        Management
1.8   Elect Directors                           For       For        Management
1.9   Appoint PricewaterhouseCoopers Oy as      For       For        Management
      Auditors


- --------------------------------------------------------------------------------

KEYCORP

Ticker:       KEY            Security ID:  493267108
Meeting Date: MAY 11, 2006   Meeting Type: Annual
Record Date:  MAR 14, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ralph Alvarez              For       For        Management
1.2   Elect Director William G. Bares           For       For        Management
1.3   Elect Director Carol A. Cartwright        For       For        Management
1.4   Elect Director Thomas C. Stevens          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

KIMCO REALTY CORP.

Ticker:       KIM            Security ID:  49446R109
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:  MAR 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Martin S. Kimmel           For       For        Management
1.2   Elect Director Milton Cooper              For       For        Management
1.3   Elect Director Richard G. Dooley          For       For        Management
1.4   Elect Director Michael J. Flynn           For       For        Management
1.5   Elect Director Joe Grills                 For       For        Management
1.6   Elect Director David B. Henry             For       For        Management
1.7   Elect Director F. Patrick Hughes          For       For        Management
1.8   Elect Director Frank Lourenso             For       For        Management
1.9   Elect Director Richard Saltzman           For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Company-Specific -- Require Annual        Against   For        Shareholder
      Disclosure of Related Party Transactions
      between the Company and its Senior
      Executive Officers or the Company and its
      Directors



- --------------------------------------------------------------------------------

LIBERTY PROPERTY TRUST

Ticker:       LRY            Security ID:  531172104
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:  MAR 14, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William P. Hankowsky       For       For        Management
1.2   Elect Director David L. Lingerfelt        For       For        Management
1.3   Elect Director Jose A. Mejia              For       For        Management
1.4   Elect Director John A . Miller            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


- --------------------------------------------------------------------------------

LINEAR TECHNOLOGY CORP.

Ticker:       LLTC           Security ID:  535678106
Meeting Date: NOV 2, 2005    Meeting Type: Annual
Record Date:  SEP 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Robert H. Swanson, Jr.    For       For        Management
1.2   Elect  Director David S. Lee              For       For        Management
1.3   Elect  Director Lothar Maier              For       For        Management
1.4   Elect  Director Leo T. McCarthy           For       For        Management
1.5   Elect  Director Richard M. Moley          For       For        Management
1.6   Elect  Director Thomas S. Volpe           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Qualified Employee Stock Purchase For       For        Management
      Plan
4     Approve Executive Incentive Bonus Plan    For       For        Management
5     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

MAXIM INTEGRATED PRODUCTS, INC.

Ticker:       MXIM           Security ID:  57772K101
Meeting Date: NOV 10, 2005   Meeting Type: Annual
Record Date:  SEP 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James R. Bergman           For       For        Management
1.2   Elect Director Michael J. Byrd            For       For        Management
1.3   Elect Director Peter de Roeth             For       For        Management
1.4   Elect Director John F. Gifford            For       For        Management
1.5   Elect Director B. Kipling Hagopian        For       For        Management
1.6   Elect Director A.R. Frank Wazzan          For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
4     Ratify Auditors                           For       For        Management



- --------------------------------------------------------------------------------

MCDONALD'S CORP.

Ticker:       MCD            Security ID:  580135101
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  MAR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Robert A. Eckert           For       For        Management
1.2   Elect Director Enrique Hernandez, Jr.     For       For        Management
1.3   Elect Director Jeanne P. Jackson          For       For        Management
1.4   Elect Director Richard H. Lenny           For       For        Management
1.5   Elect Director Andrew J. McKenna          For       For        Management
1.6   Elect Director Sheila A. Penrose          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement (Change in     Against   For        Shareholder
      Control) to shareholder Vote
4     Identify Food Products Manufactured or    Against   Against    Shareholder
      Sold that Contain Genetically Engineered
      Ingredients


- --------------------------------------------------------------------------------

MERCK & CO., INC.

Ticker:       MRK            Security ID:  589331107
Meeting Date: APR 25, 2006   Meeting Type: Annual
Record Date:  FEB 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard T. Clark           For       For        Management
1.2   Elect Director Lawrence A. Bossidy        For       For        Management
1.3   Elect Director William G. Bowen, Ph.D.    For       For        Management
1.4   Elect Director Johnnetta B. Cole, Ph.D.   For       For        Management
1.5   Elect Director William B. Harrison, Jr.   For       For        Management
1.6   Elect Director William N. Kelley, M.D.    For       For        Management
1.7   Elect Director Rochelle B. Lazarus        For       For        Management
1.8   Elect Director Thomas E. Shenk, Ph.D.     For       For        Management
1.9   Elect Director Anne M. Tatlock            For       For        Management
1.10  Elect Director Samuel O. Thier, M.D.      For       For        Management
1.11  Elect Director Wendell P. Weeks           For       For        Management
1.12  Elect Director Peter C. Wendell           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan
5     Limit Executive Compensation              Against   Against    Shareholder
6     Adopt Simple Majority Vote                Against   For        Shareholder
7     Adopt Animal Welfare Standards            Against   Against    Shareholder



- --------------------------------------------------------------------------------

METROPOLE TELEVISION SA (M6)

Ticker:                      Security ID:  F6160D108
Meeting Date: APR 24, 2006   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 0.95 per Share                     Vote
4     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
5     Ratify Appointment of Ignace Van Meenen   For       Did Not    Management
      as Supervisory Board Member                         Vote
6     Ratify Appointment of Constantin Lange as For       Did Not    Management
      Supervisory Board Member                            Vote
7     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
8     Authorize Issuance of Bonds/Debentures in For       Did Not    Management
      the Aggregate Value of EUR 300 Million              Vote
9     Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares Up to            Vote
      10 Percent of Issued Capital
10    Authorize Filling of Required             For       Did Not    Management
      Documents/Other Formalities                         Vote


- --------------------------------------------------------------------------------

MICROSOFT CORP.

Ticker:       MSFT           Security ID:  594918104
Meeting Date: NOV 9, 2005    Meeting Type: Annual
Record Date:  SEP 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William H. Gates, III      For       For        Management
1.2   Elect Director Steven A. Ballmer          For       For        Management
1.3   Elect Director James I. Cash Jr.          For       For        Management
1.4   Elect Director Dina Dublon                For       For        Management
1.5   Elect Director Raymond V. Gilmartin       For       For        Management
1.6   Elect Director A. Mclaughlin Korologos    For       For        Management
1.7   Elect Director David F. Marquardt         For       For        Management
1.8   Elect Director Charles H. Noski           For       For        Management
1.9   Elect Director Helmut Panke               For       For        Management
1.10  Elect Director Jon A. Shirley             For       For        Management
2     Ratify Auditors                           For       For        Management



- --------------------------------------------------------------------------------

MITSUI & CO.

Ticker:       8031           Security ID:  J44690139
Meeting Date: JUN 23, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 14, Special JY 0
2     Amend Articles to: Limit Outside          For       For        Management
      Statutory Auditors' Legal Liability -
      Update Terminology to Match that of New
      Corporate Law
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
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       Against    Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management


- --------------------------------------------------------------------------------

MORGAN STANLEY

Ticker:       MS             Security ID:  617446448
Meeting Date: APR 4, 2006    Meeting Type: Annual
Record Date:  FEB 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Roy J. Bostock             For       For        Management
1.2   Elect Director Erskine B. Bowles          For       For        Management
1.3   Elect Director C. Robert Kidder           For       For        Management
1.4   Elect Director John J. Mack               For       For        Management
1.5   Elect Director Donald T. Nicolaisen       For       For        Management
1.6   Elect Director Hutham S. Olayan           For       For        Management
1.7   Elect Director O. Griffith Sexton         For       For        Management
1.8   Elect Director Howard J. Davies           For       For        Management
1.9   Elect Director Charles H. Noski           For       For        Management
1.10  Elect Director Laura D'Andrea Tyson       For       For        Management
1.11  Elect Director Klaus Zumwinkel            For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Amend Articles/Bylaws/Remove plurality    For       For        Management
      voting for directors
5     Amend Articles/Bylaws/Eliminate           For       For        Management
      supermajority voting requirements
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
7     Amend Vote Requirements to Amend          Against   For        Shareholder
      Articles/Bylaws/Charter
8     Submit Severance Agreement (Change in     Against   For        Shareholder
      Control) to shareholder Vote



- --------------------------------------------------------------------------------

MOTOROLA, INC.

Ticker:       MOT            Security ID:  620076109
Meeting Date: MAY 1, 2006    Meeting Type: Annual
Record Date:  MAR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director E. Zander                  For       For        Management
1.2   Elect Director H.L. Fuller                For       Against    Management
1.3   Elect Director J. Lewent                  For       For        Management
1.4   Elect Director T. Meredith                For       For        Management
1.5   Elect Director N. Negroponte              For       For        Management
1.6   Elect Director I. Nooyi                   For       For        Management
1.7   Elect Director S. Scott, III              For       For        Management
1.8   Elect Director R. Sommer                  For       For        Management
1.9   Elect Director J. Stengel                 For       For        Management
1.10  Elect Director D. Warner, III             For       For        Management
1.11  Elect Director J. White                   For       For        Management
1.12  Elect Director M. White                   For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Submit Shareholder Rights Plan (Poison    Against   For        Shareholder
      Pill) to Shareholder Vote


- --------------------------------------------------------------------------------

NATIONAL AUSTRALIA BANK LIMITED

Ticker:       NAB            Security ID:  Q65336119
Meeting Date: JAN 30, 2006   Meeting Type: Annual
Record Date:  JAN 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Chairman's Address and a Presentation by  None      None       Management
      the Managing Director and Group CEO
2     Accept Financial Statements and Statutory None      None       Management
      Reports
3.1a  Elect Peter Duncan as Director            For       For        Management
3.1b  Elect John Thorn as Director              For       For        Management
3.1c  Elect Geoff Tomlinson as Director         For       For        Management
3.1d  Elect Malcolm Williamson as Director      For       For        Management
3.2a  Elect Patricia Cross as Director          For       For        Management
3.2b  Elect Kerry McDonald as Director          For       For        Management
4     Approve Remuneration Report               For       For        Management
5     Approve Employee Equity Plans             For       For        Management
6     Approve the Grant of Shares, Performance  For       For        Management
      Options and Performance Rights to the
      Managing Director and Group Chief
      Executive
7     Approve the Grant of Shares, Performance  For       For        Management
      Options and Performance Rights to the
      Executive Director & Chief Executive
      Officer, Australia
8     Approve the Grant of Shares, Performance  For       For        Management
      Options and Performance Rights -
      Director, Finance & Risk (an Executive
      Director)
9     Approve the Selective Buy-Back Scheme     For       For        Management
      Relating to Preference Shares Associated
      with the National Income Securities



- --------------------------------------------------------------------------------

NATIONWIDE HEALTH PROPERTIES, INC.

Ticker:       NHP            Security ID:  638620104
Meeting Date: APR 21, 2006   Meeting Type: Annual
Record Date:  MAR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William K. Doyle           For       For        Management
1.2   Elect Director Robert D. Paulson          For       For        Management
1.3   Elect Director Keith P. Russell           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

NITTO DENKO CORP.

Ticker:       6988           Security ID:  J58472119
Meeting Date: JUN 23, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 30,
      Final JY 30, Special JY 0
2     Amend Articles to: Limit Rights of        For       For        Management
      Odd-lot Holders - Update Terminology to
      Match that of New Corporate Law - Limit
      Liability of Statutory Auditors
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
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
4     Approve Stock Option Plan and Deep        For       For        Management
      Discount Stock Option Plan for Directors



- --------------------------------------------------------------------------------

PEPSICO, INC.

Ticker:       PEP            Security ID:  713448108
Meeting Date: MAY 3, 2006    Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John F. Akers              For       For        Management
1.2   Elect Director Robert E. Allen            For       For        Management
1.3   Elect Director Dina Dublon                For       For        Management
1.4   Elect Director Victor J. Dzau, M.D.       For       For        Management
1.5   Elect Director Ray L. Hunt                For       For        Management
1.6   Elect Director Alberto Ibarguen           For       For        Management
1.7   Elect Director Arthur C. Martinez         For       For        Management
1.8   Elect Director Indra K. Nooyi             For       For        Management
1.9   Elect Director Steven S. Reinemund        For       For        Management
1.10  Elect Director Sharon Percy Rockefeller   For       For        Management
1.11  Elect Director James J. Schiro            For       For        Management
1.12  Elect Director Franklin A. Thomas         For       For        Management
1.13  Elect Director Cynthia M. Trudell         For       For        Management
1.14  Elect Director Daniel Vasella             For       For        Management
1.15  Elect Director Michael D. White           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Publish Political Contributions           Against   Against    Shareholder
4     Report on Charitable Contributions        Against   Against    Shareholder


- --------------------------------------------------------------------------------

PFIZER INC.

Ticker:       PFE            Security ID:  717081103
Meeting Date: APR 27, 2006   Meeting Type: Annual
Record Date:  MAR 1, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael S. Brown           For       For        Management
1.2   Elect Director M. Anthony Burns           For       For        Management
1.3   Elect Director Robert N. Burt             For       For        Management
1.4   Elect Director W. Don Cornwell            For       For        Management
1.5   Elect Director William H. Gray, III       For       For        Management
1.6   Elect Director Constance J. Horner        For       For        Management
1.7   Elect Director William R. Howell          For       For        Management
1.8   Elect Director Stanley O. Ikenberry       For       For        Management
1.9   Elect Director George A. Lorch            For       For        Management
1.10  Elect Director Henry A. McKinnell         For       For        Management
1.11  Elect Director Dana G. Mead               For       For        Management
1.12  Elect Director Ruth J. Simmons            For       For        Management
1.13  Elect Director William C. Steere, Jr.     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Reduce Supermajority Vote Requirement     For       For        Management
4     Establish Term Limits for Directors       Against   Against    Shareholder
5     Social Proposal                           Against   Against    Shareholder
6     Restore or Provide for Cumulative Voting  Against   Against    Shareholder
7     Separate Chairman and CEO Positions       Against   For        Shareholder
8     Report on Political Contributions         Against   Against    Shareholder
9     Report on Animal Welfare Policy           Against   Against    Shareholder
10    Reort on Animal-based Testing             Against   Against    Shareholder



- --------------------------------------------------------------------------------

PITNEY BOWES INC.

Ticker:       PBI            Security ID:  724479100
Meeting Date: MAY 8, 2006    Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Anne Sutherland Fuchs      For       For        Management
1.2   Elect Director James H. Keyes             For       For        Management
1.3   Elect Director David L. Shedlarz          For       For        Management
1.4   Elect Director David B. Snow, Jr.         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Executive Incentive Bonus Plan      For       For        Management
4     Approve Qualified Employee Stock Purchase For       For        Management
      Plan


- --------------------------------------------------------------------------------

PROGRESS ENERGY, INC.

Ticker:       PGN            Security ID:  743263105
Meeting Date: MAY 10, 2006   Meeting Type: Annual
Record Date:  MAR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director W. D. Frederick, Jr.       For       For        Management
1.2   Elect Director W. Steven Jones            For       For        Management
1.3   Elect Director Theresa M. Stone           For       For        Management
1.4   Elect Director Edwin B. Borden            For       For        Management
1.5   Elect Director James E. Bostic, Jr.       For       For        Management
1.6   Elect Director David L. Burner            For       For        Management
1.7   Elect Director Richard L. Daugherty       For       For        Management
1.8   Elect Director Harris E. DeLoach, Jr.     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       Against    Management
4     Company Specific--Elect Director by       For       For        Management
      Majority Vote
5     Improve Security at Nuclear Facilities    Against   Against    Shareholder


- --------------------------------------------------------------------------------

PUBLIC SERVICE ENTERPRISE GROUP INC.

Ticker:       PEG            Security ID:  744573106
Meeting Date: JUL 19, 2005   Meeting Type: Annual
Record Date:  MAY 27, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2.1   Elect  Director Conrad K. Harper          For       For        Management
2.2   Elect  Director Shirley Ann Jackson       For       For        Management
2.3   Elect  Director Thomas A. Renyi           For       For        Management
3     Ratify Auditors                           For       For        Management
4     Adjourn Meeting                           For       For        Management
5     Review/Limit Executive Compensation       Against   Against    Shareholder



- --------------------------------------------------------------------------------

RATOS AB

Ticker:                      Security ID:  W72177111
Meeting Date: APR 4, 2006    Meeting Type: Annual
Record Date:  MAR 29, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting and Elect Olof Stenhammar as For       For        Management
      Chairman of Meeting
2     Prepare and Approve List of Shareholders  For       For        Management
3     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
4     Acknowledge Proper Convening of Meeting   For       For        Management
5     Approve Agenda of Meeting                 For       For        Management
6     Receive President's Report                None      None       Management
7     Receive Financial Statements and          None      None       Management
      Statutory Reports
8     Allow Questions About Company's           None      None       Management
      Activities in 2005
9     Approve Financial Statements and          For       For        Management
      Statutory Reports
10    Approve Discharge of Board and President  For       For        Management
11    Approve Allocation of Income              For       For        Management
12    Determine Number of Members (8) and       For       For        Management
      Deputy Members (0) of Board
13    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 2.7 Million;
      Approve Supplementary Remuneration for
      Committee Work; Approve Remuneration of
      Auditors
14    Reelect Lars Berg, Staffan Bohman, Peggy  For       For        Management
      Bruzelius, Goeran Grosskopf, Arne
      Karlsson, Olof Stenhammar (Chairman), Jan
      Soederberg, and Per-Olof Soederberg as
      Directors
15    Authorize Chairman of Board and           For       For        Management
      Representatives of at Least Three of
      Company's Largest Shareholders to Serve
      on Nominating Committee
16    Approve Remuneration Policy And Other     For       Against    Management
      Terms of Employment For Executive
      Management
17    Approve Stock Option Plan for Key         For       For        Management
      Employees; Reserve 500,000 Repurchased
      Shares to Guarantee Conversion Rights
18    Amend Articles Re: Various Changes to     For       For        Management
      Comply with New Swedish Companies Act
19    Approve Increase in Capital Via           For       For        Management
      Capitalization of Reserves; Reduce Min.
      and Max. Range of Share Capital; Approve
      3:1 Stock Split; Approve Share Redemption
      Program Via Reduction in Share Capital;
      Authorize Editorial Changes to Adopted
      Resolutions
20    Authorize Repurchase of Up to Seven       For       For        Management
      Percent of Issued Share Capital
21    Other Business (Non-Voting)               None      None       Management
22    Receive 2005 Report about Foundations     None      None       Management
      (Torsten Soederberg Foundation and Ragnar
      Soederberg Foundation)
23    Close Meeting                             None      None       Management



- --------------------------------------------------------------------------------

RECKSON ASSOCIATES REALTY CORP.

Ticker:       RA             Security ID:  75621K106
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  MAR 21, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Scott H. Rechler           For       For        Management
1.2   Elect Director Michael Maturo             For       For        Management
1.3   Elect Director Douglas Crocker, II        For       For        Management
1.4   Elect Director Elizabeth McCaul           For       For        Management
1.5   Elect Director Ronald H. Menaker          For       For        Management
1.6   Elect Director Peter Quick                For       For        Management
1.7   Elect Director Lewis S. Ranieri           For       For        Management
1.8   Elect Director John F. Ruffle             For       For        Management
1.9   Elect Director Stanley Steinberg          For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

RENTOKIL INITIAL PLC(FORMERLY RENTOKIL GROUP PLC )

Ticker:                      Security ID:  G7494G105
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 5.25 Pence Per  For       For        Management
      Share
4i    Re-elect Douglas Flynn as Director        For       For        Management
4ii   Re-elect Peter Long as Director           For       For        Management
5i    Elect Andrew Macfarlane as Director       For       For        Management
5ii   Elect Duncan Tatton-Brown as Director     For       For        Management
6     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
7     Approve Rentokil Initial plc Performance  For       For        Management
      Share Plan
8     Authorise 90,692,862 Ordinary Shares for  For       For        Management
      Market Purchase



- --------------------------------------------------------------------------------

RICOH CO. LTD.

Ticker:       7752           Security ID:  J64683105
Meeting Date: JUN 28, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 12,
      Final JY 12, Special JY 0
2     Amend Articles to: Limit Rights of        For       For        Management
      Odd-lot Holders - Update Terminology to
      Match that of New Corporate Law - Limit
      Liability of Non-executive Directors and
      Statutory Auditors
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
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
4     Appoint Internal Statutory Auditor        For       For        Management
5     Appoint Alternate Internal Statutory      For       For        Management
      Auditor
6     Approve Retirement Bonuses for Director   For       Against    Management
      and Statutory Auditor


- --------------------------------------------------------------------------------

ROYAL DUTCH SHELL PLC

Ticker:                      Security ID:  G7690A100
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Elect Jorma Ollila as Director            For       For        Management
4     Elect Nick Land as Director               For       For        Management
5     Re-elect Lord Kerr of Kinlochard as       For       For        Management
      Director
6     Re-elect Jeroen van der Veer as Director  For       For        Management
7     Re-elect Rob Routs as Director            For       For        Management
8     Re-elect Wim Kok as Director              For       For        Management
9     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
10    Authorise Board to Fix Remuneration of    For       For        Management
      Auditors
11    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      EUD 155,000,000
12    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of EUD 23,000,000
13    Authorise 667,000,000 Ordinary Shares for For       For        Management
      Market Purchase
14    Authorise the Company to Make EU          For       For        Management
      Political Organisation Donations up to
      GBP 200,000 and Incur EU Political
      Expenditure up to GBP 200,000
15    Report on Social and Environment Impact   Against   Against    Shareholder
      Assessment



- --------------------------------------------------------------------------------

ROYAL KPN NV

Ticker:                      Security ID:  N4297B146
Meeting Date: APR 11, 2006   Meeting Type: Annual
Record Date:  APR 4, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Receive Report of Management Board        None      None       Management
3     Discussion on Company's Corporate         None      None       Management
      Governance Structure
4     Approve Financial Statements and          For       For        Management
      Statutory Reports
5     Receive Explanation on Company's Reserves None      None       Management
      and Dividend Policy
6     Approve Dividends of EUR 0.45 Per Share   For       For        Management
7     Approve Discharge of Management Board     For       For        Management
8     Approve Discharge of Supervisory Board    For       For        Management
9     Amend Articles Re: Approve Conversion of  For       For        Management
      Special Share into Two Ordinary Shares of
      EUR 0.24 Each; Delete Reference to
      Special Share; Other Amendments
10    Ratify PricewaterhouseCoopers Accountants For       For        Management
      N.V. as Auditors
11    Amend Remuneration Policy of Management   For       For        Management
      Board
12    Receive Notification of Appointment of E. None      None       Management
      Blok and S.P. Miller to Management Board
13    Opportunity to Nominate Supervisory Board None      None       Management
      Member
14    Elect D.I. Jager to Supervisory Board     For       For        Management
15    Announce Vacancies on Supervisory Board   None      None       Management
16    Authorize Repurchase of Up to Ten Percent For       For        Management
      of Issued Share Capital
17    Grant Board Authority to Issue Ordinary   For       For        Management
      Shares Up To 10 Percent of Issued Share
      Capital
18    Grant Board Authority to Issue All        For       Against    Management
      Authorized yet Unissued Class B Preferred
      Shares
19    Approve Reduction in Share Capital via    For       For        Management
      Cancellation of Shares
20    Close Meeting                             None      None       Management


- --------------------------------------------------------------------------------

SANTOS LTD.

Ticker:       STO            Security ID:  Q82869118
Meeting Date: MAY 4, 2006    Meeting Type: Annual
Record Date:  MAY 2, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2a    Elect Judith Sloan as Director            For       For        Management
2b    Elect Richard Michael Harding as Director For       For        Management
3     Adopt New Constitution                    For       For        Management
4     Renew Partial Takeover Provision          For       For        Management
5     Approve Ernst & Young as Auditors and     For       For        Management
      Authorize Board to Fix Their Remuneration
6     Approve Remuneration Report               For       For        Management
7     Approve the Grant of 2.50 Million Options For       For        Management
      to the Company's CEO and Managing
      Director John Ellice-Flint Under the
      Santos Executive Share Option Plan
8     Approve the Provision of a Loan of        For       For        Management
      A$500,000 Per Annum to the Company's CEO
      and Managing Director, John Ellice-Flint,
      in Each of 2006, 2007 and 2008, to be
      Used by Mr. Ellice-FLint to Acquire
      Shares in the Company



- --------------------------------------------------------------------------------

SAP AG

Ticker:       SAPGF          Security ID:  D66992104
Meeting Date: MAY 9, 2006    Meeting Type: Annual
Record Date:  APR 18, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.45 per Share
3     Approve Discharge of Management Board for For       For        Management
      Fiscal Year 2005
4     Approve Discharge of Supervisory Board    For       For        Management
      for Fiscal Year 2005
5     Ratify KPMG Deutsche                      For       For        Management
      Treuhand-Gesellschaft AG as Auditors for
      Fiscal Year 2006
6     Approve EUR 950 Million Capitalization of For       For        Management
      Reserves
7     Amend Articles Re: Supervisory Board      For       For        Management
      Remuneration
8a    Approve Creation of EUR 180 Million Pool  For       For        Management
      of Capital with Preemptive Rights
      (Conditional Capital Ia)
8b    Approve Creation of EUR 180 Million Pool  For       For        Management
      of Capital without Preemptive Rights
      (Conditional Capital IIa)
9     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
10    Authorize Use of Financial Derivatives    For       For        Management
      Method When Repurchasing Shares
11a   Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 5 Billion
      with Preemptive Rights; Approve Creation
      of EUR 25 Million Pool of Capital to
      Guarantee Conversion Rights (Conditional
      Capital IV)
11b   Approve Issuance of Convertible Bonds     For       For        Management
      and/or Bonds with Warrants Attached up to
      Aggregate Nominal Amount of EUR 5 Million
      with Preemptive Rights; Approve Creation
      of EUR 75 Million Pool of Capital to
      Guarantee Conversion Rights (Conditional
      Capital IVa)
12    Approve Affiliation Agreements with       For       For        Management
      Subsidiaries



- --------------------------------------------------------------------------------

SCANIA AB

Ticker:                      Security ID:  W76082119
Meeting Date: MAY 4, 2006    Meeting Type: Annual
Record Date:  APR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Open Meeting                              None      None       Management
2     Elect Chairman of Meeting                 For       For        Management
3     Prepare and Approve List of Shareholders  For       For        Management
4     Approve Agenda of Meeting                 For       For        Management
5     Designate Inspector or Shareholder        For       For        Management
      Representative(s) of Minutes of Meeting
6     Acknowledge Proper Convening of Meeting   For       For        Management
7     Receive Financial Statements and          None      None       Management
      Statutory Reports
8     Receive Nominating Committee Report       None      None       Management
9     Receive Board, Remuneration, and Audit    None      None       Management
      Committee Reports
10    Receive President's Report                None      None       Management
11    Allow Questions                           None      None       Management
12    Approve Financial Statements and          For       For        Management
      Statutory Reports
13    Approve Allocation of Income and          For       For        Management
      Dividends of SEK 15 per Share
14    Amend Articles Re: Amend Corporate        For       For        Management
      Purpose; Various Changes to Comply with
      the New Swedish Companies Act
15    Approve SEK 263 Million Reduction In      For       For        Management
      Share Capital via Share Cancellation
16    Approve Remuneration Policy And Other     For       For        Management
      Terms of Employment For Executive
      Management
17    Approve 2006 Incentive Program (Long Term For       For        Management
      and Short Term)
18    Approve Discharge of Board and President  For       For        Management
19    Determine Number of Members (9) and       For       For        Management
      Deputy Members (0) of Board
20    Approve Remuneration of Directors in the  For       For        Management
      Aggregate Amount of SEK 4.3 Million;
      Approve Fees for Committee Work
21    Approve Remuneration of Auditors          For       For        Management
22    Reelect All Current Directors (Vito       For       For        Management
      Baumgartner, Staffan Bohman, Peggy
      Bruzelius, Sune Carlsson, Andreas
      Deumeland, Bernd Pischetsrieder, Lothar
      Sander, Peter Wallenberg Jr, and Leif
      Oestling)
23    Reelect Bernd Pischetsrieder as Chairman  For       For        Management
24    Receive Information about Auditors        None      None       Management
25    Authorize Representatives of Four of      For       For        Management
      Company's Largest Shareholders to Serve
      on Nominating Committee
26    Close Meeting                             None      None       Management



- --------------------------------------------------------------------------------

SCOTTISH & SOUTHERN ENERGY PLC (FRM.HYDRO ELECTRIC POWER PLC

Ticker:       SSEZF          Security ID:  G7885V109
Meeting Date: JUL 28, 2005   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 30.3 Pence Per  For       For        Management
      Ordinary Share
4     Re-elect Colin Hood as Director           For       For        Management
5     Re-elect Rene Medori as Director          For       For        Management
6     Re-elect Sir Robert Smith as Director     For       For        Management
7     Reappoint KPMG Audit Plc as Auditors of   For       For        Management
      the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      the Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 143,137,431
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 21,470,614
11    Authorise 85,880,075 Ordinary Shares for  For       For        Management
      Market Purchase


- --------------------------------------------------------------------------------

SHARP CORP.

Ticker:       6753           Security ID:  J71434112
Meeting Date: JUN 22, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 10,
      Final JY 12, Special JY 0
2     Amend Articles to: Expand Business Lines  For       Against    Management
      - Increase Authorized Capital - Limit
      Outside Statutory Auditors' Legal
      Liability - Authorize Public
      Announcements in Electronic Format -
      Update Terminology to Match that of New
      Corporate Law
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
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
4     Approve Retirement Bonuses for Directors  For       For        Management



- --------------------------------------------------------------------------------

SINGAPORE PRESS HOLDINGS LTD.

Ticker:                      Security ID:  Y7990F106
Meeting Date: DEC 2, 2005    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Adopt Financial Statements and Directors' For       For        Management
      and Auditors' Reports
2     Declare Final Dividend of SGD 0.08 Per    For       For        Management
      Share and Special Dividend of SGD 0.078
      Per Share
3     Reelect Lee Ek Tieng as Director          For       For        Management
4a    Reelect Chan Heng Loon Alan as Director   For       For        Management
4b    Reelect Sum Soon Lim as Director          For       For        Management
4c    Reelect Philip N Pillai as Director       For       For        Management
4d    Reelect Tony Tan Keng Yam as Director     For       For        Management
5     Approve Directors' Fees of SGD 760,000    For       For        Management
      (2004: SGD 787,500)
6     Appoint Auditors and Authorize Board to   For       For        Management
      Fix Their Remuneration
7     Other Business (Voting)                   For       For        Management
8a    Approve Issuance of Shares without        For       For        Management
      Preemptive Rights
8b    Approve Issuance of Shares and Grant of   For       For        Management
      Options Pursuant to the Singapore Press
      Hldgs. Group (1999) Share Option Scheme
8c    Authorize Share Repurchase Program        For       For        Management


- --------------------------------------------------------------------------------

SOCIETE GENERALE

Ticker:                      Security ID:  F43638141
Meeting Date: MAY 30, 2006   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 4.50 per Share                     Vote
3     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Reelect Robert A. Day as Director         For       Did Not    Management
                                                          Vote
6     Reelect Elie Cohen as Director            For       Did Not    Management
                                                          Vote
7     Elect Gianemilio Osculati as Director     For       Did Not    Management
                                                          Vote
8     Elect Luc Vandevelde as Director          For       Did Not    Management
                                                          Vote
9     Approve Remuneration of Directors in the  For       Did Not    Management
      Aggregate Amount of EUR 750,000                     Vote
10    Ratify Deloitte & Associes as Auditor     For       Did Not    Management
                                                          Vote
11    Ratify Ernst & Young Audit as Auditor     For       Did Not    Management
                                                          Vote
12    Ratify Alain Pons as Alternate Auditor    For       Did Not    Management
                                                          Vote
13    Ratify Gabriel Galet as Alternate Auditor For       Did Not    Management
                                                          Vote
14    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
15    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities with Preemptive            Vote
      Rights up to Aggregate Nominal Amount of
      EUR 220 Million
16    Authorize Issuance of Equity or           For       Did Not    Management
      Equity-Linked Securities without                    Vote
      Preemptive Rights up to Aggregate Nominal
      Amount of EUR 110 Million
17    Authorize Board to Increase Capital in    For       Did Not    Management
      the Event of Demand Exceeding Amounts               Vote
      Submitted to Shareholder Vote Above
18    Authorize Capital Increase of up to 10    For       Did Not    Management
      Percent of Issued Capital for Future                Vote
      Acquisitions
19    Approve Employee Savings-Related Share    For       Did Not    Management
      Purchase Plan                                       Vote
20    Approve Stock Option Plans Grants         For       Did Not    Management
                                                          Vote
21    Authorize up to Two Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
22    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
23    Authorize Filling of Required             For       Did Not    Management
      Documents/Other Formalities                         Vote



- --------------------------------------------------------------------------------

STOCKMANN OY

Ticker:                      Security ID:  X86482142
Meeting Date: MAR 21, 2006   Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Receive Financial Statements and          None      None       Management
      Statutory Reports
1.2   Receive Auditors' Report                  None      None       Management
1.3   Accept Financial Statements and Statutory For       For        Management
      Reports
1.4   Approve Allocation of Income and          For       For        Management
      Dividends of EUR 1.10 Per Share
1.5   Approve Discharge of Board and President  For       For        Management
1.6   Approve Remuneration of Directors         For       For        Management
1.7   Approve Remuneration of Auditors          For       For        Management
1.8   Fix Number of Directors at 7              For       For        Management
1.9   Fix Number of Auditors and Deputy         For       For        Management
      Auditors
1.10  Reelect Lasse Koivu, Erkki Etola, Eva     For       For        Management
      Liljeblom, Kari Niemistoe, Christoffer
      Taxell, Carola Teir-Lehtinen, and Henry
      Wiklund as Directors
1.11  Elect Wilhelm Holmberg and Henrik Holmbom For       For        Management
      as Auditors; Elect KPMG Oy Ab as Deputy
      Auditor
2     Approve Stock Option Plan for Loyal       For       For        Management
      Customers; Approve Creation of EUR 5
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
3     Approve Stock Option Plan for Key         For       For        Management
      Employees; Approve Creation of EUR 3
      Million Pool of Conditional Capital to
      Guarantee Conversion Rights
4     Authorize Reissuance of 386,946           For       For        Management
      Repurchased Shares


- --------------------------------------------------------------------------------

TABCORP HOLDINGS LTD

Ticker:                      Security ID:  Q8815D101
Meeting Date: NOV 28, 2005   Meeting Type: Annual
Record Date:  NOV 26, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2     Elect P. J. Dwyer as Director             For       For        Management
3     Approve Remuneration Report               For       For        Management
4     Approve Increase in Remuneration of       For       For        Management
      Directors to a Maximum Sum of AUD 2
      Million



- --------------------------------------------------------------------------------

THORNBURG MORTGAGE, INC.

Ticker:       TMA            Security ID:  885218107
Meeting Date: APR 18, 2006   Meeting Type: Annual
Record Date:  MAR 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Garrett Thornburg          For       Withhold   Management
1.2   Elect Director Joseph H. Badal            For       Withhold   Management
1.3   Elect Director Eliot R. Cutler            For       Withhold   Management
1.4   Elect Director Stuart C. Sherman          For       Withhold   Management
1.5   Elect Director Michael B. Jeffers         For       For        Management


- --------------------------------------------------------------------------------

TORONTO DOMINION BANK

Ticker:       TD.            Security ID:  891160509
Meeting Date: MAR 30, 2006   Meeting Type: Annual
Record Date:  FEB 14, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect as Director William E. Bennett      For       For        Management
1.2   Elect as Director Hugh J. Bolton          For       For        Management
1.3   Elect as Director John L. Bragg           For       For        Management
1.4   Elect as Director W. Edmund Clark         For       For        Management
1.5   Elect as Director Wendy K. Dobson         For       For        Management
1.6   Elect as Director Darren Entwistle        For       For        Management
1.7   Elect as Director Donna M. Hayes          For       For        Management
1.8   Elect as Director Henry H. Ketcham        For       For        Management
1.9   Elect as Director Pierre H. Lessard       For       For        Management
1.10  Elect as Director Harold H. MacKay        For       For        Management
1.11  Elect as Director Brian F. MacNeill       For       For        Management
1.12  Elect as Director Roger Phillips          For       For        Management
1.13  Elect as Director Wilbur J. Prezzano      For       For        Management
1.14  Elect as Director William J. Ryan         For       For        Management
1.15  Elect as Director Helen K. Sinclair       For       For        Management
1.16  Elect as Director John M. Thompson        For       For        Management
2     Ratify Ernst & Young LLP as Auditors      For       For        Management
3     Include Financial Statements of Bank      Against   Against    Shareholder
      Subsidiaries in Tax Havens in Annual
      Report
4     Submit Any Increase in Executive          Against   Against    Shareholder
      Compensation to a Shareholder Vote
5     Persons Tainted by Judicial Findings of   Against   Against    Shareholder
      Unethical Behaviour are Not Eligible to
      Serve as Directors



- --------------------------------------------------------------------------------

TOTAL SA (FORMERLY TOTAL FINA ELF  S.A )

Ticker:       TTFNF          Security ID:  F92124100
Meeting Date: MAY 12, 2006   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 6.48 per Share                     Vote
4     Approve Accounting Transfer from Special  For       Did Not    Management
      Long-Term Capital Gains Reserve Account             Vote
      to Other Reserves Account
5     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
6     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
7     Reelect Anne Lauvergeon as Director       For       Did Not    Management
                                                          Vote
8     Reelect Daniel Bouton as Director         For       Did Not    Management
                                                          Vote
9     Reelect Bertrand Collomb as Director      For       Did Not    Management
                                                          Vote
10    Reelect Antoine Jeancourt-Galignani as    For       Did Not    Management
      Director                                            Vote
11    Reelect Michel Pebereau as Director       For       Did Not    Management
                                                          Vote
12    Reelect Pierre Vaillaud as Director       For       Did Not    Management
                                                          Vote
13    Elect Christophe de Margerie  as Director For       Did Not    Management
                                                          Vote
14    Approve Partial Spin-Off Agreement to     For       Did Not    Management
      Arkema                                              Vote
15    Approve 1-for-4 Stock Split               For       Did Not    Management
                                                          Vote
16    Amend Article 11 Regarding the Number of  For       Did Not    Management
      Shares to Be Held By Directors                      Vote
A     Amend Article 11 to Require a Majority of Against   Did Not    Shareholder
      Independent Directors on Board                      Vote
B     Grant a Second Board Mandate to an        Against   Did Not    Shareholder
      Employee Shareholder Representative                 Vote



- --------------------------------------------------------------------------------

TOYOTA MOTOR CORP.

Ticker:       7203           Security ID:  J92676113
Meeting Date: JUN 23, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Allocation of Income, Including   For       For        Management
      the Following Dividends: Interim JY 35,
      Final JY 55, Special JY 0
2     Amend Articles to: Update Terminology to  For       For        Management
      Match that of New Corporate Law - Limit
      Liability of Non-Executive Statutory
      Auditors
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
3.5   Elect Director                            For       For        Management
3.6   Elect Director                            For       For        Management
3.7   Elect Director                            For       For        Management
3.8   Elect Director                            For       For        Management
3.9   Elect Director                            For       For        Management
3.10  Elect Director                            For       For        Management
3.11  Elect Director                            For       For        Management
3.12  Elect Director                            For       For        Management
3.13  Elect Director                            For       For        Management
3.14  Elect Director                            For       For        Management
3.15  Elect Director                            For       For        Management
3.16  Elect Director                            For       For        Management
3.17  Elect Director                            For       For        Management
3.18  Elect Director                            For       For        Management
3.19  Elect Director                            For       For        Management
3.20  Elect Director                            For       For        Management
3.21  Elect Director                            For       For        Management
3.22  Elect Director                            For       For        Management
3.23  Elect Director                            For       For        Management
3.24  Elect Director                            For       For        Management
3.25  Elect Director                            For       For        Management
3.26  Elect Director                            For       For        Management
4.1   Appoint Internal Statutory Auditor        For       For        Management
4.2   Appoint Internal Statutory Auditor        For       Against    Management
4.3   Appoint Internal Statutory Auditor        For       For        Management
5     Approve Executive Stock Option Plan       For       For        Management
6     Authorize Share Repurchase Program        For       For        Management
7     Approve Retirement Bonuses for Statutory  For       For        Management
      Auditors and Special Payments to
      Continuing Directors in Connection with
      Abolition of Retirement Bonus System
8     Approve Increase in Aggregate             For       For        Management
      Compensation Ceiling for Directors



- --------------------------------------------------------------------------------

UNITED TECHNOLOGIES CORP.

Ticker:       UTX            Security ID:  913017109
Meeting Date: APR 12, 2006   Meeting Type: Annual
Record Date:  FEB 14, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Louis R. Chenevert         For       For        Management
1.2   Elect Director George David               For       For        Management
1.3   Elect Director John V. Faraci             For       For        Management
1.4   Elect Director Jean-Pierre Garnier        For       For        Management
1.5   Elect Director Jamie S. Gorelick          For       For        Management
1.6   Elect Director Charles R. Lee             For       For        Management
1.7   Elect Director Richard D. McCormick       For       For        Management
1.8   Elect Director Harold McGraw, III         For       For        Management
1.9   Elect Director Frank P. Popoff, III       For       For        Management
1.10  Elect Director H. Patrick Swygert         For       For        Management
1.11  Elect Director Andre Villeneuve           For       For        Management
1.12  Elect Director H.A. Wagner                For       For        Management
1.13  Elect Director Christine Todd Whitman     For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Establish Term Limits for Directors       Against   Against    Shareholder
5     Report on Foreign Sales of Military       Against   Against    Shareholder
      Products


- --------------------------------------------------------------------------------

UST INC.

Ticker:       UST            Security ID:  902911106
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:  MAR 9, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Patricia Diaz Dennis       For       For        Management
1.2   Elect Director Peter J. Neff              For       For        Management
1.3   Elect Director Andrew J. Parsons          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Internet Tobacco Advertisements to Against   Against    Shareholder
      Independent Review
4     Declassify the Board of Directors         Against   Against    Shareholder


- --------------------------------------------------------------------------------

VINCI (FORMERLY SOCIETE GENERALE D'ENTREPRISES)

Ticker:                      Security ID:  F5879X108
Meeting Date: MAY 16, 2006   Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
2     Approve Financial Statements and          For       Did Not    Management
      Statutory Reports                                   Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.30 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Ratify Appointment and Reelect Xavier     For       Did Not    Management
      Huillard as Director                                Vote
6     Reelect Dominique Ferrero as Director     For       Did Not    Management
                                                          Vote
7     Reelect Alain Minc as Director            For       Did Not    Management
                                                          Vote
8     Reelect Yves-Thibault de Silguy as        For       Did Not    Management
      Director                                            Vote
9     Reelect Willy Stricker as Director        For       Did Not    Management
                                                          Vote
10    Elect Henri Saint Olive as Director       For       Did Not    Management
                                                          Vote
11    Elect Bernard Val as Director             For       Did Not    Management
                                                          Vote
12    Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
13    Approve Reduction in Share Capital via    For       Did Not    Management
      Cancellation of Repurchased Shares                  Vote
14    Approve Employee Savings-Related Share    For       Did Not    Management
      Purchase Plan                                       Vote
15    Authorize up to 0.9 Percent of Issued     For       Did Not    Management
      Capital for Use in Restricted Stock Plan            Vote
16    Amend Articles of Association Re:         For       Did Not    Management
      Shareholding Disclosure Threshold                   Vote
17    Authorize Filling of Required             For       Did Not    Management
      Documents/Other Formalities                         Vote



- --------------------------------------------------------------------------------

VORNADO REALTY TRUST

Ticker:       VNO            Security ID:  929042109
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:  APR 14, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Steven Roth                For       For        Management
1.2   Elect Director Michael D. Fascitelli      For       For        Management
1.3   Elect Director Russell B. Wright, Jr.     For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

WACHOVIA CORP.

Ticker:       WB             Security ID:  929903102
Meeting Date: APR 18, 2006   Meeting Type: Annual
Record Date:  FEB 22, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William H. Goodwin, Jr.    For       For        Management
1.2   Elect Director Robert A. Ingram           For       For        Management
1.3   Elect Director Mackey J. McDonald         For       For        Management
1.4   Elect Director Lanty L. Smith             For       For        Management
1.5   Elect Director Ruth G. Shaw               For       For        Management
1.6   Elect Director Ernest S. Rady             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Submit Severance Agreement (Change in     Against   For        Shareholder
      Control) to shareholder Vote
4     Report on Political Contributions         Against   Against    Shareholder
5     Separate Chairman and CEO Positions       Against   Against    Shareholder
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


- --------------------------------------------------------------------------------

WAL-MART STORES, INC.

Ticker:       WMT            Security ID:  931142103
Meeting Date: JUN 2, 2006    Meeting Type: Annual
Record Date:  APR 5, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Aida M. Alvarez            For       For        Management
1.2   Elect Director James W. Breyer            For       For        Management
1.3   Elect Director M. Michele Burns           For       For        Management
1.4   Elect Director James I. Cash, Jr., Ph.D.  For       For        Management
1.5   Elect Director Douglas N. Daft            For       For        Management
1.6   Elect Director David D. Glass             For       For        Management
1.7   Elect Director Roland A. Hernandez        For       For        Management
1.8   Elect Director H. Lee Scott, Jr.          For       For        Management
1.9   Elect Director Jack C. Shewmaker          For       For        Management
1.10  Elect Director Jim C. Walton              For       For        Management
1.11  Elect Director S. Robson Walton           For       For        Management
1.12  Elect Director Christopher J. Williams    For       For        Management
1.13  Elect Director Linda S. Wolf              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Report on Animal Welfare Standards        Against   Against    Shareholder
4     Report on Political Contributions         Against   Against    Shareholder
5     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
6     Prepare a Sustainability Report           Against   Against    Shareholder
7     Report on Pay Disparity                   Against   Against    Shareholder
8     Report on Stock Option Distribution by    Against   Against    Shareholder
      Race and Gender



- --------------------------------------------------------------------------------

WASHINGTON FEDERAL, INC.

Ticker:       WFSL           Security ID:  938824109
Meeting Date: JAN 18, 2006   Meeting Type: Annual
Record Date:  NOV 25, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas J. Kelley           For       For        Management
1.2   Elect Director John F. Clearman           For       For        Management
1.3   Elect Director H. Dennis Halvorson        For       For        Management
1.4   Elect Director Roy M. Whitehead           For       For        Management
2     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

WELLS FARGO & COMPANY

Ticker:       WFC            Security ID:  949746101
Meeting Date: APR 25, 2006   Meeting Type: Annual
Record Date:  MAR 7, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lloyd H. Dean              For       For        Management
1.2   Elect Director Susan E. Engel             For       For        Management
1.3   Elect Director Enrique Hernandez, Jr.     For       For        Management
1.4   Elect Director Robert L. Joss             For       For        Management
1.5   Elect Director Richard M. Kovacevich      For       For        Management
1.6   Elect Director Richard D. McCormick       For       For        Management
1.7   Elect Director Cynthia H. Milligan        For       For        Management
1.8   Elect Director Nicholas G. Moore          For       For        Management
1.9   Elect Director Philip J. Quigley          For       For        Management
1.10  Elect Director Donald B. Rice             For       For        Management
1.11  Elect Director Judith M. Runstad          For       For        Management
1.12  Elect Director Stephen W. Sanger          For       For        Management
1.13  Elect Director Susan G. Swenson           For       For        Management
1.14  Elect Director Michael W. Wright          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
4     Separate Chairman and CEO Positions       Against   For        Shareholder
5     Compensation- Director Compensation       Against   Against    Shareholder
6     Report on Discrimination in Lending       Against   Against    Shareholder


- --------------------------------------------------------------------------------

WESFARMERS LTD.

Ticker:       WES            Security ID:  Q95870103
Meeting Date: NOV 8, 2005    Meeting Type: Annual
Record Date:  NOV 6, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Receive Financial Statements and          None      None       Management
      Statutory Reports
2a1   Elect T R Eastwood as Director            For       For        Management
2a2   Elect R D Lester as Director              For       For        Management
2a3   Elect G T Tilbrook as Director            For       For        Management
2b    Adopt Remuneration Report                 For       For        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.


                      BlackRock S&P Quality Rankings Global Equity Managed Trust



                    by /s/ Robert S. Kapito
                      ---------------------------
                      Robert S. Kapito
                      Principal Executive Officer

Date:  August 26, 2006