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 811-08839 streetTRACKS(R) Series Trust (Exact name of registrant as specified in charter) One Lincoln Street, Boston, MA 02111 (Address of principal executive offices) (Zip code) Scott M. Zoltowski, One Lincoln Street, Boston, MA 02111 -------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (866) 787-2257 Date of fiscal year end: June 30 Date of reporting period: June 30, 2005 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 07/01/04 - A BED BATH & BEYOND INC. *BBBY* 075896100 05/05/04 4,195 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Glass Ceiling Against Against ShrHoldr 5 Adopt Retention Ratio for Executives Against Against ShrHoldr 07/16/04 - A DELL INC. *DELL* 24702R101 05/21/04 32,038 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Expense Stock Options Against Against ShrHoldr 07/29/04 - A ELECTRONIC ARTS INC. *ERTS* 285512109 06/08/04 4,574 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Employee Stock Purchase Plan For For Mgmt 4 Amend Articles to Consolidate Common Stock For For Mgmt 5 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (150%). 6 Ratify Auditors For For Mgmt 08/05/04 - A XILINX, INC. *XLNX* 983919101 06/07/04 5,307 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 08/11/04 - A FOREST LABORATORIES, INC. *FRX* 345838106 06/21/04 5,881 1 Elect Directors For Split Mgmt 1.1 Elect Director Howard Solomon --- For 1.2 Elect Director William J. Candee, III --- For 1.3 Elect Director George S. Cohan --- For 1.4 Elect Director Dan L. Goldwasser --- For 1.5 Elect Director Lester B. Salans --- For 1.6 Elect Director Kenneth E. Goodman --- For 1.7 Elect Director Phillip M. Satow --- Withhold WITHHOLD votes from Phillip M. Satow for standing as an affiliated outsider on the Audit Committee. 2 Increase Authorized Common Stock For For Mgmt Mgmt Rec - Company Mangement Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Approve Stock Option Plan For For Mgmt 4 Ratify Auditors For For Mgmt 08/25/04 - A VERITAS SOFTWARE CORP. 923436109 06/28/04 6,837 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 08/26/04 - A MEDTRONIC, INC. *MDT* 585055106 07/02/04 19,815 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Charitable Contributions Against Against ShrHoldr 09/15/04 - A SYMANTEC CORP. *SYMC* 871503108 07/20/04 5,338 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Amend Outside Director Stock in Lieu of For For Mgmt Cash Plan 5 Ratify Auditors For For Mgmt 09/17/04 - S MAXIM INTEGRATED PRODUCTS, INC. *MXIM* 57772K101 07/21/04 5,440 1 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 09/20/04 - A NIKE, INC. *NKE* 654106103 07/26/04 3,140 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/27/04 - A FEDEX CORPORATION *FDX* 31428X106 08/02/04 4,718 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt Mgmt Rec - Company Mangement Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 10/06/04 - A PAYCHEX, INC. *PAYX* 704326107 08/09/04 5,718 1 Elect Directors For Split Mgmt 1.1 Elect Director B. Thomas Golisano --- For 1.2 Elect Director G. Thomas Clark --- Withhold WITHHOLD votes from G. Thomas Clark for standing as an affiliated outsider on the Audit Committee and Joseph M. Tucci for standing as an affiliated outsider on the Compensation and Nominating committees. 1.3 Elect Director David J. S. Flaschen --- For 1.4 Elect Director Phillip Horsley --- For 1.5 Elect Director Grant M. Inman --- For 1.6 Elect Director J. Robert Sebo --- For 1.7 Elect Director Joseph M. Tucci --- Withhold WITHHOLD votes from G. Thomas Clark for standing as an affiliated outsider on the Audit Committee and Joseph M. Tucci for standing as an affiliated outsider on the Compensation and Nominating committees. 10/12/04 - A THE PROCTER & GAMBLE COMPANY *PG* 742718109 07/30/04 43,727 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Declassify the Board of Directors Against Against Mgmt 5 Implement/ Report on Animal Welfare Against Against ShrHoldr Standards 10/18/04 - A KLA-TENCOR CORP. *KLAC* 482480100 08/23/04 3,427 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 11/03/04 - A LINEAR TECHNOLOGY CORP. *LLTC* 535678106 09/08/04 5,575 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/09/04 - A AUTOMATIC DATA PROCESSING, INC. *ADP* 053015103 09/10/04 10,641 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Mangement Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 11/09/04 - A MICROSOFT CORP. *MSFT* 594918104 09/10/04 183,612 1 Elect Directors For For Mgmt 2 Amend Bundled Compensation Plans For For Mgmt 3 Amend Bundled Compensation Plans For For Mgmt 4 Amend Stock Option Plan For For Mgmt 5 Ratify Auditors For For Mgmt 11/12/04 - A SYSCO CORPORATION *SYY* 871829107 09/14/04 11,525 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Stock Option Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Report on Genetically Engineered Products Against Against ShrHoldr 11/16/04 - A FOX ENTERTAINMENT GROUP, INC. 35138T107 09/24/04 3,316 1 Elect Directors For Split Mgmt 1.1 Elect Director K. Rupert Murdoch --- Withhold WITHHOLD votes from Peter Chernin and K. Rupert Murdoch for standing as insiders on the Compensation Committe. 1.2 Elect Director Peter Chernin --- Withhold 1.3 Elect Director David F. Devoe --- For 1.4 Elect Director Arthur M. Siskind --- For 1.5 Elect Director Lachlan K. Murdoch --- For 1.6 Elect Director Christos M. Cotsakos --- For 1.7 Elect Director Peter Powers --- For 2 Ratify Auditors For For Mgmt 11/18/04 - A CISCO SYSTEMS, INC. *CSCO* 17275R102 09/20/04 122,018 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Pay Disparity Against Against ShrHoldr 11/18/04 - A MAXIM INTEGRATED PRODUCTS, INC. *MXIM* 57772K101 09/27/04 6,022 1 Elect Directors For Split Mgmt 1.1 Elect Director James R. Bergman --- Mgmt Rec - Company Mangement Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Withhold WITHHOLD votes from James R. Bergman for standing as an affiliated outsider on the Audit, Compensation and Nominating committees. 1.2 Elect Director John F. Gifford --- For 1.3 Elect Director B. Kipling Hagopian --- For 1.4 Elect Director M.D. Sampels --- For 1.5 Elect Director A.R. Frank Wazzan --- For 2 Amend Employee Stock Purchase Plan For For Mgmt 3 Ratify Auditors For For Mgmt 12/08/04 - A CARDINAL HEALTH, INC. *CAH* 14149Y108 10/25/04 8,016 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 12/09/04 - A INTUIT INC. *INTU* 461202103 10/11/04 3,338 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 01/12/05 - A WALGREEN CO. *WAG* 931422109 11/15/04 19,817 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 01/25/05 - A FRANKLIN RESOURCES, INC. *BEN* 354613101 11/30/04 2,818 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Increase Authorized Common Stock For For Mgmt 02/01/05 - A BECTON, DICKINSON AND COMPANY *BDX* 075887109 12/06/04 4,686 1 Elect Directors For Split Mgmt Mgmt Rec - Company Mangement Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director Basil L. Anderson --- Withhold Basil L. Anderson is an affiliated outsider on the audit commmittee. 1.2 Elect Director Gary A. Mecklenburg --- Withhold Gary A. Mecklenburg is an affiliated outsider on the audit and nominating commmittees. 1.3 Elect Director James E. Perrella --- For 1.4 Elect Director Alfred Sommer --- For 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Restore or Provide for Cumulative Voting Against Against ShrHoldr 02/01/05 - A EMERSON ELECTRIC CO. *EMR* 291011104 11/24/04 8,449 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Amend Equal Employment Policy Regarding Against For ShrHoldr Sexual Orientation Emerson Electric has not been the subject of any recent, significant controversies related to discrimination based on sexual orientation. The company has established annual nondiscrimination training programs for all employees that specifically address discrimination based on sexual orientation. That said; the company has not included language specifically prohibiting discrimination based on sexual orientation in its formal EEO statement. The inclusion of such language in corporate EEO statements has become the norm at many large companies. Furthermore, the adoption of an EEO statement that includes reference to sexual orientation has proven beneficial to many companies through improved employee morale and increased access to certain consumer bases and pools of eligible candidates for employment. Therefore, considering the substantial benefits that may be recognized by amending an EEO statement to include language prohibiting discrimination based on sexual orientation, shareholders support for this proposal is warranted. Mgmt Rec - Company Mangement Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 02/02/05 - A ACCENTURE LTD BERMUDA *ACN* G1150G111 12/06/04 8,978 1 Elect Directors For For Mgmt 2 APPROVAL OF BYE-LAW AMENDMENTS TO RELOCATE For For Mgmt INTO THE BYE-LAWS EXISTING CONTRACTUAL RESTRICTIONS APPLICABLE TO CLASS A COMMON SHARES OF PARTNERS AND FORMER PARTNERS BENEFICIALLY OWNED BY THEM PRIOR TO ACCENTURES INITIAL PUBLIC OFFERING. 3 Ratify Auditors For For Mgmt 02/09/05 - A STARBUCKS CORP. *SBUX* 855244109 12/02/04 7,964 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 4 Commit to Free Trade certified Coffee Against Against ShrHoldr 03/01/05 - A INTERNATIONAL GAME TECHNOLOGY *IGT* 459902102 01/06/05 7,456 1 Elect Directors For Split Mgmt 1.1 Elect Director Neil Barsky --- For 1.2 Elect Director Robert A. Bittman --- For 1.3 Elect Director Richard R. Burt --- For 1.4 Elect Director Leslie S. Heisz --- For 1.5 Elect Director Robert A. Mathewson --- For 1.6 Elect Director Thomas J. Matthews --- For 1.7 Elect Director Robert Miller --- Withhold WITHHOLD votes for standing as an affiliated outsider on the Compensation Committee. 1.8 Elect Director Frederick B. Rentschler --- For 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 03/08/05 - A ANALOG DEVICES, INC. *ADI* 032654105 01/14/05 7,959 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Mangement Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Expense Stock Options Against Against ShrHoldr 03/08/05 - A QUALCOMM INC. *QCOM* 747525103 01/07/05 34,508 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert E. Kahn --- For 1.2 Elect Director Duane A. Nelles --- Withhold WITHHOLD votes from Duane A. Nelles for standing as an affiliated outsider on the Audit and Nominating committees. 1.3 Elect Director Brent Scowcroft --- For 2 Declassify the Board of Directors and For For Mgmt Eliminate Cumulative Voting 3 Increase Authorized Common Stock For For Mgmt 4 Amend Articles For For Mgmt 5 Ratify Auditors For For Mgmt 03/08/05 - A WM. WRIGLEY JR. CO. *WWY* 982526105 01/14/05 2,895 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For Against Mgmt The number of additional authorized shares sought in this proposal exceeds guidelines (150% and 275%). The company has not offered a specific purpose for the additional shares. 3 Ratify Auditors For For Mgmt 4 Proposal Regarding a Change to Proxy Card Against Against ShrHoldr Features 03/22/05 - A FIFTH THIRD BANCORP *FITB* 316773100 01/31/05 10,524 1 Elect Directors For For Mgmt 2 Approve Decrease in Size of Board For For Mgmt 3 Ratify Auditors For For Mgmt 04/13/05 - A CARNIVAL CORP. *CCL* 143658300 02/14/05 9,295 MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For For Mgmt 2 TO APPROVE THE AMENDED AND RESTATED For For Mgmt CARNIVAL CORPORATION 2001 OUTSIDE DIRECTOR STOCK PLAN. 3 TO APPROVE THE CARNIVAL PLC 2005 EMPLOYEE For For Mgmt SHARE PLAN. 4 TO APPROVE THE CARNIVAL PLC 2005 EMPLOYEE For For Mgmt STOCK PURCHASE PLAN. 5 Ratify Auditors For For Mgmt Mgmt Rec - Company Mangement Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 6 TO AUTHORIZE THE AUDIT COMMITTEE OF For For Mgmt CARNIVAL PLC TO AGREE THE REMUNERATION OF THE INDEPENDENT AUDITORS. 7 TO RECEIVE THE ACCOUNTS AND REPORTS FOR For For Mgmt CARNIVAL PLC FOR THE FINANCIAL YEAR ENDED NOVEMBER 30, 2004. 8 TO APPROVE THE DIRECTORS REMUNERATION For For Mgmt REPORT OF CARNIVAL PLC. 9 TO APPROVE LIMITS ON THE AUTHORITY TO ALLOT For For Mgmt SHARES BY CARNIVAL PLC. 10 TO APPROVE THE DISAPPLICATION OF For For Mgmt PRE-EMPTION RIGHTS FOR CARNIVAL PLC. 11 TO APPROVE A GENERAL AUTHORITY FOR CARNIVAL For For Mgmt PLC TO BUY BACK CARNIVAL PLC ORDINARY SHARES IN THE OPEN MARKET. 04/13/05 - A CATERPILLAR INC. *CAT* 149123101 02/14/05 7,479 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 4 Report on Equipment Sales to Israel Against Against ShrHoldr 5 Report on Operational Imact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 04/13/05 - A SCHLUMBERGER LTD. *SLB* 806857108 03/02/05 12,875 MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For Split Mgmt 1.1 Elect Director J. Deutch --- Withhold 1.2 Elect Director J.S. Gorelick --- For 1.3 Elect Director A. Gould --- For 1.4 Elect Director T. Isaac --- For 1.5 Elect Director A. Lajous --- For 1.6 Elect Director A. Levy-Lang --- For Mgmt Rec -Company Mangement Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.7 Elect Director M.E. Marks --- For 1.8 Elect Director D. Primat --- For 1.9 Elect Director T.I. Sandvold --- For 1.10 Elect Director N. Seydoux --- For 1.11 Elect Director L.G. Stuntz --- For 1.12 Elect Director R. Talwar --- For 2 ADOPTION AND APPROVAL OF FINANCIALS AND For For Mgmt DIVIDENDS 3 ADOPTION OF MANDATORY AMENDMENTS TO THE For For Mgmt ARTICLES OF INCORPORATION 4 ADOPTION OF VOLUNTARY AMENDMENTS TO THE For For Mgmt ARTICLES OF INCORPORATION 5 APPROVAL OF ADOPTION OF THE SCHLUMBERGER For For Mgmt 2005 OPTION PLAN 6 APPROVAL OF ADOPTION OF AN AMENDMENT TO THE For For Mgmt SCHLUMBERGER DISCOUNTED STOCK PURCHASE PLAN 7 APPROVAL OF INDEPENDENT REGISTERED PUBLIC For For Mgmt ACCOUNTING FIRM 04/13/05 - A UNITED TECHNOLOGIES CORP. *UTX* 913017109 02/15/05 11,176 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Increase Disclosure of Executive Against Against ShrHoldr Compensation 5 Adopt Ethical Criteria for Military Against Against ShrHoldr Contracts 6 Limit Executive Compensation Against Against ShrHoldr 04/14/05 - A GANNETT CO., INC. *GCI* 364730101 03/04/05 5,929 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation proposals. 4 Require a Majority Vote for the Election Against Against ShrHoldr of Directors 04/14/05 - A GENENTECH, INC. *DNA* 368710406 02/14/05 10,196 1 Elect Directors For Split Mgmt Mgmt Rec - Company Mangement Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director Herbert W. Boyer --- For 1.2 Elect Director William M. Burns --- Withhold WITHHOLD votes from Jonathan K.C. Knowles for standing as an insider on the compensation committee and from Erich Hunziker and William M. Burns for standing as insiders on the compensation and nominating committees. 1.3 Elect Director Erich Hunziker --- Withhold 1.4 Elect Director Jonathan K.C. Knowles --- Withhold 1.5 Elect Director Arthur D. Levinson --- For 1.6 Elect Director Charles A. Sanders --- For 2 Ratify Auditors For For Mgmt 04/15/05 - A THE PROGRESSIVE CORP. *PGR* 743315103 02/17/05 3,845 1 Elect Directors For For Mgmt 2 Authorize Board to Fill Vacancies For For Mgmt 3 Ratify Auditors For For Mgmt 04/18/05 - A ELI LILLY AND CO. *LLY* 532457108 02/15/05 21,050 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 4 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 5 Report on Product Availability in Canada Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Adopt Policy on Performance-based Stock Against For ShrHoldr Option Grants SSGA supports proposals that ask for performance-based compensation. 8 Eliminate Animal Testing Against Against ShrHoldr 04/19/05 - A M & T BANK CORP. *MTB* 55261F104 02/28/05 1,830 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/19/05 - A THE COCA-COLA COMPANY *KO* 191216100 02/22/05 50,470 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Review Labor Rights in Columbia Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 5 Submit Severance Agreement to Shareholder Against Against ShrHoldr Vote 04/20/05 - A STATE STREET CORP. (BOSTON) *STT* 857477103 02/25/05 7,365 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/26/05 - A ALLERGAN, INC. *AGN* 018490102 03/10/05 2,833 1 Elect Directors For For Mgmt 04/26/05 - A CLEAR CHANNEL COMMUNICATIONS, INC. 184502102 03/11/05 11,141 *CCU* 1 Elect Directors For Split Mgmt 1.1 Elect Director Alan D. Feld --- For 1.2 Elect Director Perry J. Lewis --- For 1.3 Elect Director L. Lowry Mays --- For 1.4 Elect Director Mark P. Mays --- For 1.5 Elect Director Randall T. Mays --- For 1.6 Elect Director B.J. McCombs --- Withhold WITHHOLD votes from B.J. McCombs for standing as an affiliated outsider on the Compensation and Nominating committees. 1.7 Elect Director Phyllis B. Riggins --- For 1.8 Elect Director Theodore H. Strauss --- For 1.9 Elect Director J.C. Watts --- For 1.10 Elect Director John H. Williams --- For 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A FORTUNE BRANDS, INC. *FO* 349631101 02/25/05 3,150 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 12 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Approve Non-Employee Director Stock Option For For Mgmt Plan 04/26/05 - A GOLDEN WEST FINANCIAL CORP. *GDW* 381317106 03/01/05 6,674 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A INTERNATIONAL BUSINESS MACHINES CORP. 459200101 02/25/05 37,564 *IBM* 1 Elect Directors For Split Mgmt 1.1 Elect Director Cathleen Black --- For 1.2 Elect Director Kenneth I. Chenault --- For 1.3 Elect Director Juergen Dormann --- For 1.4 Elect Director Michael L. Eskew --- Withhold WITHHOLD votes for standing as an affiliated outsider on the Audit Committee. 1.5 Elect Director Carlos Ghosn --- For 1.6 Elect Director Charles F. Knight --- For 1.7 Elect Director Minoru Makihara --- For 1.8 Elect Director Lucio A. Noto --- For 1.9 Elect Director Samuel J. Palmisano --- For 1.10 Elect Director Joan E. Spero --- For 1.11 Elect Director Sidney Taurel --- For 1.12 Elect Director Charles M. Vest --- For 1.13 Elect Director Lorenzo H. Zambrano --- For 2 Ratify Auditors For For Mgmt 3 Restore or Provide for Cumulative Voting Against Against ShrHoldr 4 Eliminate Age Discrimination in Retirement Against Against ShrHoldr Benefits 5 Calculate Executive Salary Without Regard Against Against ShrHoldr to Pension Income 6 Expense Stock Options Against Against ShrHoldr 7 Report on Executive Compensation Against Against ShrHoldr 8 Report on Outsourcing Against Against ShrHoldr 04/26/05 - A MOODY'S CORPORATION *MCO* 615369105 03/01/05 2,752 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 13 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/26/05 - A STRYKER CORP. *SYK* 863667101 02/28/05 6,080 1 Elect Directors For For Mgmt 04/27/05 - A AMERICAN EXPRESS CO. *AXP* 025816109 02/28/05 24,506 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Company-Specific--Compensation-Related Against Against ShrHoldr 4 Report on Political Contributions Against Against ShrHoldr 04/27/05 - A ANHEUSER-BUSCH COMPANIES, INC. *BUD* 035229103 02/28/05 17,485 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Ratify Auditors For For Mgmt 04/27/05 - S GUIDANT CORP. *GDT* 401698105 03/21/05 6,484 1 Approve Merger Agreement For For Mgmt 04/27/05 - A KOHL'S CORP. *KSS* 500255104 03/02/05 6,636 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 4 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 04/27/05 - A NEWMONT MINING CORP. (HOLDING 651639106 03/03/05 8,873 COMPANY) *NEM* 1 Elect Directors For Split Mgmt 1.1 Elect Director Glen A. Barton --- For 1.2 Elect Director Vincent A. Calarco --- For 1.3 Elect Director Michael s. Hamson --- For 1.4 Elect Director Leo I. Higdon, Jr. --- For 1.5 Elect Director Pierre Lassonde --- For 1.6 Elect Director Robert J. Miller --- Withhold WITHHOLD votes from Robert J. Miller for standing as an affiliated outsider on the Nominating Committee. Mgmt Rec - Company Management Recommended Vote Page 14 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.7 Elect Director Wayne W. Murdy --- For 1.8 Elect Director Robin A. Plumbridge --- For 1.9 Elect Director John B. Prescott --- For 1.10 Elect Director Donald C. Roth --- For 1.11 Elect Director Seymour Schulich --- For 1.12 Elect Director James V. Taranik --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 04/27/05 - A THE MCGRAW-HILL COMPANIES, INC. *MHP* 580645109 03/08/05 4,203 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 5 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 04/28/05 - A ADOBE SYSTEMS INC. *ADBE* 00724F101 03/01/05 5,238 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Expense Stock Options Against Against ShrHoldr 5 Review/Limit Executive Compensation Against Against ShrHoldr 6 Ratify Auditors For For Mgmt 04/28/05 - A BAKER HUGHES INCORPORATED *BHI* 057224107 02/25/05 7,278 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Act on Shareholder Resolutions that Receive Against For ShrHoldr Majority Support The company's Governance Committee evaluates shareholder proposals (which may include direct communication with the shareholder proponent) and Mgmt Rec - Company Management Recommended Vote Page 15 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- makes recommendations, as appropriate, to the board. However, the company's current process does not mandate direct communication between the board and the shareholder proponent. Although the company has recently acted on a majority-supported shareholder proposal to declassify the board, the company has ignored this proposal for the last five years. In light of a majority-supported shareholder proposal which has been ignored by management, it is best practice to ensure direct communication with the respective shareholder proponent(s). 04/28/05 - A CAPITAL ONE FINANCIAL CORP. *COF* 14040H105 02/28/05 5,229 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Report on Pay Disparity Against Against ShrHoldr 04/28/05 - A JOHNSON & JOHNSON *JNJ* 478160104 03/01/05 64,803 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/28/05 - A LEXMARK INTERNATIONAL, INC. *LXK* 529771107 03/04/05 2,812 1 Elect Directors For Split Mgmt 1.1 Elect Director B. Charles Ames --- For 1.2 Elect Director Ralph E. Gomory --- For 1.3 Elect Director Marvin L. Mann --- Withhold WITHHOLD votes from Marvin L. Mann for standing as an affiliated outsider on the Audit Committee. 1.4 Elect Director Teresa Beck --- For 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Ratify Auditors For For Mgmt 04/28/05 - A LOCKHEED MARTIN CORP. *LMT* 539830109 03/01/05 7,751 1 Elect Directors For Split Mgmt 1.1 Elect Director E.C. 'Pete' Aldridge, Jr. --- For 1.2 Elect Director Nolan D. Archibald --- For Mgmt Rec - Company Management Recommended Vote Page 16 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.3 Elect Director Marcus C. Bennett --- For 1.4 Elect Director James O. Ellis, Jr. --- For 1.5 Elect Director Gwendolyn S. King --- For 1.6 Elect Director Douglas H. McCorkindale --- For 1.7 Elect Director Eugene F. Murphy --- For 1.8 Elect Director Joseph W. Ralston --- Withhold WITHHOLD votes from Frank Savage for standing as an affiliated outsider on the Compensation Committee and Joseph W. Ralston for standing as an affiliated outsider on the Nominating Committee. 1.9 Elect Director Frank Savage --- Withhold 1.10 Elect Director Anne Stevens --- For 1.11 Elect Director Robert J. Stevens --- For 1.12 Elect Director James R. Ukropina --- For 1.13 Elect Director Douglas C. Yearley --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Performance-Based/Indexed Options Against Against ShrHoldr 5 Adopt Simple Majority Vote Requirement for Against For ShrHoldr All Issues A simple majority of voting shares should be sufficient to effect changes in a company's corporate governance. Requiring more than a simple majority may permit management to entrench itself by blocking amendments that are in shareholders' best interests. 6 Report on Pay Disparity Against Against ShrHoldr 7 and amend its code of conduct and policies Against Against ShrHoldr related to bidding Review Code of Conduct on Military Contracts 04/30/05 - A HARLEY-DAVIDSON, INC. *HDI* 412822108 03/09/05 6,449 1 Elect Directors For Split Mgmt 1.1 Elect Director George H. Conrades --- Withhold George H. Conrades is an affiliated outsider on the compensation and nominating committees. 1.2 Elect Director Sara L. Levinson --- For 1.3 Elect Director George L. Miles, Jr. --- For 2 Approve/Amend Employee Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 17 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Ratify Auditors For For Mgmt 05/02/05 - A AFLAC INCORPORATED *AFL* 001055102 02/23/05 11,401 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/02/05 - A ZIMMER HOLDINGS INC *ZMH* 98956P102 03/15/05 5,016 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 05/03/05 - A ALCON INC. *ACL* H01301102 03/24/05 1,620 MEETING FOR HOLDERS OF ADR'S 1 APPROVAL OF THE 2004 ANNUAL REPORT AND For For Mgmt ACCOUNTS OF ALCON, INC. AND THE 2004 CONSOLIDATED FINANCIAL STATEMENTS OF ALCON, INC. AND SUBSIDIARIES 2 APPROPRIATION OF AVAILABLE EARNINGS AND For For Mgmt PROPOSED DIVIDEND TO SHAREHOLDERS FOR THE FINANCIAL YEAR 2004 3 DISCHARGE OF THE MEMBERS OF THE BOARD OF For For Mgmt DIRECTORS 4 ELECTION TO THE BOARD OF DIRECTORS OF: For For Mgmt THOMAS G. PLASKETT 5 ELECTION TO THE BOARD OF DIRECTORS OF: For For Mgmt WOLFGANG H. REICHENBERGER 6 ELECTION TO THE BOARD OF DIRECTORS OF: CARY For For Mgmt RAYMENT 7 ELECTION OF KPMG KLYNVELD PEAT MARWICK For For Mgmt GOERDELER SA, ZURICH, AS GROUP AND PARENT COMPANY AUDITORS 8 ELECTION OF ZENSOR REVISIONS AG, ZUG, AS For For Mgmt SPECIAL AUDITORS 05/03/05 - A UNITEDHEALTH GROUP INCORPORATED *UNH* 91324P102 03/07/05 14,535 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Performance- Based/Indexed Options Against For ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 18 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Given that: (1) the company currently does not incorporate a substantial portion of performance-based awards in its long-term executive compensation program and (2) the proposal is not overly restrictive as it does not request that all awards to all employees be performance-based or that all awards to top executives must be of a particular type, this item warrants shareholder support. 4 Performance- Based/Indexed Options Against For ShrHoldr Given that: (1) the company currently does not incorporate a substantial portion of performance-based awards in its long-term executive compensation program and (2) the proposal is not overly restrictive as it does not request that all awards to all employees be performance-based or that all awards to top executives must be of a particular type, this item warrants shareholder support. 05/04/05 - A COLGATE-PALMOLIVE CO. *CL* 194162103 03/07/05 11,609 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Stock Option Plan For For Mgmt 4 Approve Non-Employee Director Stock Option For For Mgmt Plan 5 Review/Limit Executive Compensation Against Against ShrHoldr 05/04/05 - A DANAHER CORP. *DHR* 235851102 03/07/05 5,591 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/04/05 - A GENERAL DYNAMICS CORP. *GD* 369550108 03/11/05 3,446 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 4 Report on Foreign Weapons Sales Against Against ShrHoldr 05/04/05 - A PEPSICO, INC. *PEP* 713448108 03/11/05 34,930 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Corporate Political Contributions Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 19 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/05/05 - A AVON PRODUCTS, INC. *AVP* 054303102 03/16/05 9,814 1 Elect Directors For Split Mgmt 1.1 Elect Director Fred Hassan --- For 1.2 Elect Director Ann S. Moore --- Withhold Ann S. Moore is an affiliated director on the compensation and nominating committees. 1.3 Elect Director Lawrence A. Weinbach --- For 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 5 Disclose Charitable Contributions and Against Against ShrHoldr Fundraising Efforts 6 Reformulate Products to Remove Chemicals Against Against ShrHoldr Banned by EU 05/05/05 - A UNITED PARCEL SERVICE, INC. *UPS* 911312106 03/07/05 12,606 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/06/05 - A ILLINOIS TOOL WORKS INC. *ITW* 452308109 03/08/05 5,676 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Implement China Principles Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/10/05 - A 3M CO *MMM* 88579Y101 03/11/05 14,796 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Eliminate Animal Testing Against Against ShrHoldr 5 Implement China Principles Against Against ShrHoldr 05/10/05 - A BOSTON SCIENTIFIC CORP. *BSX* 101137107 03/18/05 12,441 1 Elect Directors For Split Mgmt 1.1 Elect Director Ray J. Groves --- Withhold Ray J. Groves is an affiliated outsider on the compensation and nominating committees. 1.2 Elect Director Peter M. Nicholas --- For Mgmt Rec - Company Management Recommended Vote Page 20 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.3 Elect Director Warren B. Rudman --- For 1.4 Elect Director James R. Tobin --- For 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/10/05 - A GILEAD SCIENCES, INC. *GILD* 375558103 03/22/05 8,860 1 Elect Directors For Split Mgmt 1.1 Elect Director Paul Berg --- Withhold Paul Berg is an affiliated outsider on the nominating committee. 1.2 Elect Director Etienne F. Davignon --- For 1.3 Elect Director James M. Denny --- For 1.4 Elect Director John C. Martin --- For 1.5 Elect Director Gordon E. Moore --- For 1.6 Elect Director Nicholas G. Moore --- For 1.7 Elect Director George P. Shultz --- For 1.8 Elect Director Gayle E. Wilson --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Report on Impact of HIV/AIDS, TB, and Against Against ShrHoldr Malaria Pandemics 05/10/05 - A WELLPOINT INC *WLP* 94973V107 03/18/05 6,124 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 05/11/05 - A AMGEN, INC. *AMGN* 031162100 03/18/05 26,107 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Eliminate Animal Testing Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr 5 Adopt Retention Ratio for Executives Against Against ShrHoldr 05/11/05 - A CAREMARK RX, INC. *CMX* 141705103 03/29/05 9,027 1 Elect Directors For Split Mgmt 1.1 Elect Director Edwin M. Crawford --- For 1.2 Elect Director Kristen Gibney Williams --- Withhold Mgmt Rec - Company Management Recommended Vote Page 21 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Kristen Gibney Williams is an affiliated outsider on the audit committee. 1.3 Elect Director Edward L. Hardin --- For 2 Report on Political Contributions Against Against ShrHoldr 05/11/05 - A FIRST DATA CORP. *FDC* 319963104 03/14/05 17,693 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Report on Outsourcing Against Against ShrHoldr 6 Amend Director/Officer Against Against ShrHoldr Liability/Indemnifications Provisions 05/11/05 - A ST. JUDE MEDICAL, INC. *STJ* 790849103 03/14/05 7,304 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 05/12/05 - A GOOGLE INC *GOOG* 38259P508 03/28/05 1,900 1 Elect Directors For Split Mgmt 1.1 Elect Director Eric Schmidt --- For 1.2 Elect Director Larry Page --- For 1.3 Elect Director Sergey Brin --- For 1.4 Elect Director L. John Doerr --- Withhold WITHHOLD votes from L. John Doerr for sitting on more than six boards. 1.5 Elect Director John L. Hennessy --- For 1.6 Elect Director Arthur D. Levinson --- For 1.7 Elect Director Michael Moritz --- For 1.8 Elect Director Paul S. Otellini --- For 1.9 Elect Director K. Ram Shriram --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The plan permits the administrator at any time to offer to buy out for a payment in cash or shares an option previously granted based on terms and conditions as the administrator shall establish and communicate to the participant at the time that such offer is made. The buy out of awards and issuance of cash in substitution is considered to be repricing. Mgmt Rec - Company Management Recommended Vote Page 22 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/17/05 - A AMAZON.COM, INC. *AMZN* 023135106 04/01/05 5,851 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/18/05 - A INTEL CORP. *INTC* 458140100 03/21/05 132,155 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 05/18/05 - A JUNIPER NETWORKS, INC. *JNPR* 48203R104 03/21/05 10,203 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A TARGET CORPORATION *TGT* 87612E106 03/21/05 17,035 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A SLM CORP. *SLM* 78442P106 03/21/05 8,953 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A YAHOO!, INC. *YHOO* 984332106 03/23/05 23,001 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Ratify Auditors For For Mgmt 05/19/05 - A YUM BRANDS, INC. *YUM* 988498101 03/21/05 6,036 1 Declassify the Board of Directors For For Mgmt 2 Elect Directors For Split Mgmt 2.1 Elect Director David W. Dorman --- Withhold David W. Dorman is an affiliated outsider on the compensation committee. Mgmt Rec - Company Management Recommended Vote Page 23 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 2.2 Elect Director Massimo Ferragamo --- For 2.3 Elect Director J. David Grissom --- For 2.4 Elect Director Bonnie Hill --- For 2.5 Elect Director Robert Holland, Jr. --- For 2.6 Elect Director Kenneth G. Langone --- For 2.7 Elect Director Jonathan S. Linen --- Withhold Jonathan S. Linen is an affiliated outsider on the audit committee. 2.8 Elect Director David C. Novak --- For 2.9 Elect Director Andrall E. Pearson --- For 2.10 Elect Director Thomas M. Ryan --- Withhold Thomas M. Ryan is an affiliated outsider on the compensation and nominating committees. 2.11 Elect Director Jackie Trujillo --- For 2.12 Elect Director Robert J. Ulrich --- Withhold Robert J. Ulrich is an affiliated outsider on the compensation committee. 3 Elect Directors David W. Dorman, Massimo For Against Mgmt Ferragamo, Thomas M. Ryan, Robert Ulrich and Jonathan Linen 4 Ratify Auditors For For Mgmt 5 Sustainability Report Against Against ShrHoldr 6 Prepare a Diversity Report Against Against ShrHoldr 7 Adopt MacBride Principles Against Against ShrHoldr 8 Report on Genetically Modified Organisms Against Against ShrHoldr (GMO) 9 Report on Animal Welfare Standards Against Against ShrHoldr 05/24/05 - A OMNICOM GROUP INC. *OMC* 681919106 04/08/05 3,770 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/26/05 - A GENZYME CORP. *GENZ* 372917104 03/31/05 4,500 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Declassify the Board of Directors Against For ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 24 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 05/26/05 - A HOME DEPOT, INC. (THE) *HD* 437076102 03/28/05 43,832 1 Elect Directors For Split Mgmt 1.1 Elect Director Gregory D. Brenneman --- For 1.2 Elect Director Richard H. Brown --- For 1.3 Elect Director John L. Clendenin --- For 1.4 Elect Director Berry R. Cox --- For 1.5 Elect Director Claudio X. Gonzalez --- Withhold WITHHOLD votes from Claudio X. Gonzalez for sitting on more than four boards. 1.6 Elect Director Milledge A. Hart, III --- For 1.7 Elect Director Bonnie G. Hill --- For 1.8 Elect Director Laban P. Jackson, Jr. --- For 1.9 Elect Director Lawrence R. Johnston --- For 1.10 Elect Director Kenneth G. Langone --- For 1.11 Elect Director Robert L. Nardelli --- For 1.12 Elect Director Thomas J. Ridge --- For 2 Ratify Auditors For For Mgmt 3 Amend Nomination Procedures for the Board For Against Mgmt The proposed time frame for director nominations is not appropriate. A reasonable time frame for submittals would be no later than 60 days prior to the meeting with a submittal window of at least 60 days. 4 Approve Omnibus Stock Plan For For Mgmt 5 Prepare Diversity Report Against Against ShrHoldr 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 7 Limit Executive Compensation Against Against ShrHoldr 8 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 9 Performance- Based/Indexed Options Against Against ShrHoldr 10 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation of Mgmt Rec - Company Management Recommended Vote Page 25 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- this type. 11 Affirm Political Nonpartisanship Against Against ShrHoldr 05/26/05 - A VIACOM INC. *VIA* 925524100 03/31/05 799 1 Elect Directors For Split Mgmt 1.1 Elect Director George S. Abrams --- For 1.2 Elect Director David R. Andelman --- For 1.3 Elect Director Joseph A. Califano, Jr. --- For 1.4 Elect Director William S. Cohen --- For 1.5 Elect Director Philippe P. Dauman --- For 1.6 Elect Director Alan C. Greenberg --- For 1.7 Elect Director Charles E. Phillips, Jr. --- For 1.8 Elect Director Shari Redstone --- For 1.9 Elect Director Sumner M. Redstone --- For 1.10 Elect Director Frederic V. Salerno --- Withhold WITHHOLD votes from Frederic V. Salerno for standing as an affiliated outsider on the Audit, Compensation and Nominating committees. WITHHOLD votes from William Schwartz for standing as an affiliated outsider on the Compensation and Nominating committees. 1.11 Elect Director William Schwartz --- Withhold 1.12 Elect Director Robert D. Walter --- For 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 4 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 05/27/05 - A LOWE'S COMPANIES, INC. *LOW* 548661107 04/01/05 14,169 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 3 Ratify Auditors For For Mgmt 06/01/05 - A COMCAST CORP. *CMCSA* 20030N101 03/24/05 25,151 1 Elect Directors For Split Mgmt 1.1 Elect Director S. Decker Anstrom --- Withhold Mgmt Rec - Company Management Recommended Vote Page 26 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- S. Decker Anstrom is an affiliated outsider on the compensation and nominating committees. 1.2 Elect Director Kenneth J. Bacon --- For 1.3 Elect Director Sheldon M. Bonovitz --- For 1.4 Elect Director Edward D. Breen --- For 1.5 Elect Director Julian A. Brodsky --- For 1.6 Elect Director Joseph L. Castle, II --- For 1.7 Elect Director Joseph J. Collins --- For 1.8 Elect Director J. Michael Cook --- For 1.9 Elect Director Brian L. Roberts --- For 1.10 Elect Director Ralph J. Roberts --- For 1.11 Elect Director Dr. Judith Rodin --- For 1.12 Elect Director Michael I. Sovern --- For 2 Ratify Auditors For For Mgmt 3 Amend Restricted Stock Plan For For Mgmt 4 Report on Political Contributions Against Against ShrHoldr 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 7 Approve Recapitalization Plan Against For ShrHoldr SSGA supports the request that the company take steps to develop a recapitalization plan whereby all of the company's outstanding stock would have one vote. 06/03/05 - A BIOGEN IDEC, INC. *BIIB* 09062X103 04/06/05 6,747 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 06/03/05 - A WAL-MART STORES, INC. *WMT* 931142103 04/05/05 52,061 1 Elect Directors For Split Mgmt 1.1 Elect Director James W. Breyer --- For 1.2 Elect Director M. Michele Burns --- For 1.3 Elect Director Douglas N. Daft --- For 1.4 Elect Director David D. Glass --- For 1.5 Elect Director Roland A. Hernandez --- Mgmt Rec - Company Management Recommended Vote Page 27 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Withhold 1.6 Elect Director John D. Opie --- For 1.7 Elect Director J. Paul Reason --- For 1.8 Elect Director H. Lee Scott, Jr. --- For 1.9 Elect Director Jack C. Shewmaker --- For 1.10 Elect Director Jose H. Villarreal --- For 1.11 Elect Director John T. Walton --- For 1.12 Elect Director S. Robson Walton --- For 1.13 Elect Director Christopher J. Williams --- For 1.14 Elect Director Linda S. Wolf --- For 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Report on Executive Compensation Against Against ShrHoldr 5 Prepare Sustainability Report Against Against ShrHoldr 6 Report on Stock Option Distribution by Race Against Against ShrHoldr and Gender 7 Report on Political Contributions Against Against ShrHoldr 8 Prepare Equal Opportunity Report Against Against ShrHoldr 9 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 10 Require Majority of Independent Directors Against Against ShrHoldr on Board 11 Performance- Based/Indexed Options Against Against ShrHoldr 06/13/05 - A STAPLES, INC. *SPLS* 855030102 04/19/05 9,942 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 06/23/05 - A BEST BUY CO., INC. *BBY* 086516101 04/25/05 5,232 1 Elect Directors For Split Mgmt 1.1 Elect Director Ronald James --- Withhold Ronald James is an affiliated outsider on the nominating committee. 1.2 Elect Director Elliot S. Kaplan --- For 1.3 Elect Director Matthew H. Paull --- Withhold Mgmt Rec - Company Management Recommended Vote Page 28 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Matthew H. Paull is an affiliated outsider on the audit committee. 1.4 Elect Director Richard M. Schulze --- For 1.5 Elect Director Mary A. Tolan --- For 1.6 Elect Director Hatim A. Tyabji --- For 2 Ratify Auditors For For Mgmt 06/23/05 - A EBAY INC. *EBAY* 278642103 04/25/05 19,785 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 5 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 06/24/05 - S SYMANTEC CORP. *SYMC* 871503108 05/12/05 14,181 1 Approve Merger Agreement For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 06/24/05 - S VERITAS SOFTWARE CORP. 923436109 05/12/05 8,648 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 06/30/05 - A BED BATH & BEYOND INC. *BBBY* 075896100 05/05/05 5,959 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Adopt ILO-based Code of Conduct Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 29 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP GROWTH INDEX FUND - J924 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 5 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 06/30/05 - S NEWS CORPORATION *NWS* 65248E203 05/23/05 11,325 1 Approve Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 30 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 08/17/04 - S COUNTRYWIDE FINANCIAL CORP. *CFC* 222372104 07/09/04 6,558 1 Increase Authorized Common Stock For For Mgmt 09/08/04 - A H. J. HEINZ CO. *HNZ* 423074103 06/03/04 7,794 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/15/04 - S SUNTRUST BANKS, INC. *STI* 867914103 07/30/04 6,350 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 09/23/04 - A CONAGRA FOODS INC. *CAG* 205887102 07/26/04 12,414 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Limit Awards to Executives Against Against ShrHoldr 09/23/04 - A FLEXTRONICS INTERNATIONAL LTD. *FLEX* Y2573F102 08/05/04 13,389 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 2 RE-APPOINTMENT OF PATRICK FOLEY AS A For For Mgmt DIRECTOR OF THE COMPANY. 3 Ratify Auditors For For Mgmt 4 TO APPROVE AN AMENDMENT TO THE COMPANY S For For Mgmt 1997 EMPLOYEE SHARE PURCHASE PLAN. 5 TO APPROVE AMENDMENTS TO THE COMPANY S 2001 For For Mgmt EQUITY INCENTIVE PLAN. 6 TO APPROVE AN AMENDMENT TO THE COMPANY S For For Mgmt 2001 EQUITY INCENTIVE PLAN TO ALLOW FOR ISSUANCES OF STOCK BONUSES. 7 TO APPROVE THE CONSOLIDATION OF ORDINARY For For Mgmt SHARES AVAILABLE UNDER OUR ASSUMED PLANS INTO OUR 2001 EQUITY INCENTIVE PLAN. Mgmt Rec - Company Management Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 8 TO APPROVE THE AUTHORIZATION FOR THE For For Mgmt DIRECTORS OF THE COMPANY TO ALLOT AND ISSUE ORDINARY SHARES. 9 TO APPROVE THE AUTHORIZATION FOR THE For For Mgmt COMPANY TO PROVIDE $37,200 OF ANNUAL CASH COMPENSATION TO EACH OF ITS NON-EMPLOYEE DIRECTORS. 10 TO APPROVE THE AUTHORIZATION FOR THE For For Mgmt COMPANY TO PROVIDE AN ADDITIONAL $10,000 OF ANNUAL CASH COMPENSATION FOR EACH OF ITS NON-EMPLOYEE DIRECTORS FOR COMMITTEE PARTICIPATION. 11 TO APPROVE THE AUTHORIZATION OF THE For For Mgmt PROPOSED RENEWAL OF THE SHARE REPURCHASE MANDATE RELATING TO ACQUISITIONS BY THE COMPANY OF ITS OWN ISSUED ORDINARY SHARES. 12 TO APPROVE THE AUTHORIZATION OF THE For For Mgmt PROPOSAL APPROVAL OF A BONUS ISSUE. 09/27/04 - A GENERAL MILLS, INC. *GIS* 370334104 07/29/04 7,007 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Establish Range For Board Size For For Mgmt 10/28/04 - A SARA LEE CORP. *SLE* 803111103 09/01/04 22,517 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Charitable Contributions Against Against ShrHoldr 10/28/04 - A SEAGATE TECHNOLOGY *STX* G7945J104 09/03/04 4,326 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 2 PROPOSAL TO APPROVE THE SEAGATE TECHNOLOGY For Against Mgmt 2004 STOCK COMPENSATION PLAN. Excessive potential dilution of 19.8 percent. 3 Ratify Auditors For For Mgmt 4 PROPOSAL TO ADOPT SEAGATE TECHNOLOGY S For For Mgmt THIRD AMENDED AND RESTATED MEMORANDUM Mgmt Rec - Company Management Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- AND ARTICLES OF ASSOCIATION, WHICH IS BEING PROPOSED AS A SPECIAL RESOLUTION. 10/28/04 - S SOUTHTRUST CORP. 844730101 09/21/04 7,310 1 Approve Merger Agreement For For Mgmt 10/28/04 - S WACHOVIA CORP. *WB* 929903102 08/20/04 37,384 1 Approve Merger Agreement For For Mgmt 10/29/04 - A ORACLE CORP. *ORCL* 68389X105 09/02/04 112,129 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 5 Implement China Principles Against Against ShrHoldr 11/04/04 - A ARCHER-DANIELS-MIDLAND COMPANY *ADM* 039483102 09/15/04 12,973 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Employee Stock Purchase Plan For For Mgmt 4 Report on Genetically Engineered Products Against Against ShrHoldr 11/04/04 - A FREDDIE MAC *FRE* 313400301 09/10/04 19,468 1 Elect Directors For Split Mgmt 1.1 Elect Director Barbara T. Alexander --- For 1.2 Elect Director Geoffrey T. Boisi --- For 1.3 Elect Director Michelle Engler --- Withhold Michelle Engler is an affiliated outsider on the compensation committee. 1.4 Elect Director Richard Karl Goeltz --- For 1.5 Elect Director Thomas S. Johnson --- For 1.6 Elect Director William M. Lewis, Jr. --- For 1.7 Elect Director John B. Mccoy --- For 1.8 Elect Director Eugene M. Mcquade --- For Mgmt Rec - Company Management Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.9 Elect Director Shaun F. O'Malley --- For 1.10 Elect Director Ronald F. Poe --- For 1.11 Elect Director Stephen A. Ross --- For 1.12 Elect Director Richard F. Syron --- For 1.13 Elect Director William J. Turner --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Amend Employee Stock Purchase Plan For For Mgmt 11/10/04 - A SUN MICROSYSTEMS, INC. *SUNW* 866810104 09/13/04 93,748 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/18/04 - A CAMPBELL SOUP CO. *CPB* 134429109 09/21/04 5,623 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 01/27/05 - A AIR PRODUCTS & CHEMICALS, INC. *APD* 009158106 11/30/04 5,309 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 02/11/05 - A THE WALT DISNEY COMPANY *DIS* 254687106 12/17/04 51,620 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Prohibit Greenmail Payments Against For ShrHoldr SSGA supports proposals that seek to repeal or prohibit greenmail provisions. 5 Report on Vendor Standards in China Against Against ShrHoldr 02/16/05 - A LUCENT TECHNOLOGIES INC. *LU* 549463107 12/20/04 108,092 1 Elect Directors For For Mgmt 2 Approve Reverse Stock Split For For Mgmt 3 Report on Political Contributions Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr Given the fact that Lucent does not grant a "substantial" portion of performance-based awards, shareholder support of the proposal is warranted at this time. Mgmt Rec - Company Management Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 5 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 6 Approve Future Golden Parachute Provision Against Against ShrHoldr 03/10/05 - A TYCO INTERNATIONAL LTD. *TYC* 902124106 01/10/05 49,995 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For Split Mgmt 1.1 Elect Director Dennis C. Blair --- For 1.2 Elect Director Edward D. Breen --- For 1.3 Elect Director George W. Buckley --- For 1.4 Elect Director Brian Duperreault --- For 1.5 Elect Director Bruce S. Gordon --- For 1.6 Elect Director Rajiv L. Gupta --- For 1.7 Elect Director John A. Krol --- For 1.8 Elect Director Mackey J. Mcdonald --- Withhold Nominee is the CEO and Chair of VF Corporation and sits on 3 outside boards. 1.9 Elect Director H. Carl Mccall --- For 1.10 Elect Director Brendan R. O'Neill --- For 1.11 Elect Director Sandra S. Wijnberg --- For 1.12 Elect Director Jerome B. York --- For 2 Ratify Auditors For For Mgmt 03/15/05 - A MORGAN STANLEY *MWD* 617446448 01/14/05 24,907 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Limit Executive Compensation Against Against ShrHoldr 03/16/05 - A HEWLETT-PACKARD CO. *HPQ* 428236103 01/18/05 68,118 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Employee Stock Purchase Plan For For Mgmt 03/24/05 - S SEARS, ROEBUCK & CO. 812387108 01/26/05 4,917 1 Approve Merger Agreement For For Mgmt 04/05/05 - A LEHMAN BROTHERS HOLDINGS INC. *LEH* 524908100 02/11/05 6,722 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Limit Executive Compensation Against Against ShrHoldr 04/12/05 - A THE BANK OF NEW YORK CO., INC. *BK* 064057102 02/22/05 19,312 1 Elect Directors For Split Mgmt 1.1 Elect Director Frank J. Biondi Jr. --- For 1.2 Elect Director Nicholas M. Donofrio --- For 1.3 Elect Director Gerald L. Hassell --- For 1.4 Elect Director Richard J. Kogan --- For 1.5 Elect Director Michael J. Kowalski --- For 1.6 Elect Director John A. Luke Jr. --- For 1.7 Elect Director John C. Malone --- Withhold John C. Malone is an affiliated outsider on the compensation and nominating committees. 1.8 Elect Director Paul Myners --- For 1.9 Elect Director Catherine A.Rein --- For 1.10 Elect Director Thomas A. Renyi --- For 1.11 Elect Director William C. Richardson --- For 1.12 Elect Director Brian L. Roberts --- For 1.13 Elect Director Samuel C. Scott --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Limit Executive Compensation Against Against ShrHoldr 04/19/05 - A CITIGROUP INC. *C* 172967101 02/25/05 129,101 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Limit/Prohibit Awards to Executives Against Against ShrHoldr 5 Report on Political Contributions Against Against ShrHoldr 6 Prohibit Chairman From Management Duties, Against Against ShrHoldr Titles or Responsibilities 7 Limit Executive Compensation Against Against ShrHoldr 8 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 9 Review/Limit Executive Compensation Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 10 Adopt Simple Majority Vote Against For ShrHoldr SSGA supports shareholder proposals seeking to eliminate supermajority vote requirements, as they may serve as entrenchment devices for management and therefore are not in the shareholders' best interest. 04/19/05 - A MELLON FINANCIAL CORP. *MEL* 58551A108 02/11/05 10,672 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/19/05 - A SUNTRUST BANKS, INC. *STI* 867914103 02/25/05 8,945 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Management Incentive Plan For For Mgmt 4 Approve Performance Unit Plan For For Mgmt 04/19/05 - A U.S. BANCORP *USB* 902973304 02/28/05 46,947 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Reduce Supermajority Vote Requirement For For Mgmt 4 Performance- Based/Indexed Options Against For ShrHoldr Since the company does not grant a substantial portion of the awards as performance-based awards, this proposal warrants support. 5 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 04/19/05 - A WACHOVIA CORP. *WB* 929903102 02/16/05 40,063 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/19/05 - A WASHINGTON MUTUAL, INC *WM* 939322103 02/28/05 21,771 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/20/05 - A BURLINGTON NORTHERN SANTA FE CORP. 12189T104 02/22/05 9,333 *BNI* 1 Elect Directors For Split Mgmt 1.1 Elect Director A.L. Boeckmann --- For 1.2 Elect Director V.S. Martinez --- Withhold Mgmt Rec - Company Management Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- WITHHOLD votes from Mark F. Racicot and Vilma S. Martinez for standing as affiliated outsiders on the Directors and Corporate Governance Committee which serves as the nominating committee. 1.3 Elect Director M.F. Racicot --- Withhold 1.4 Elect Director R.S. Roberts --- For 1.5 Elect Director M.K. Rose --- For 1.6 Elect Director M.J. Shapiro --- For 1.7 Elect Director J.C. Watts, Jr. --- For 1.8 Elect Director R.H. West --- For 1.9 Elect Director J.S. Whisler --- Withhold WITHHOLD votes from J. Steven Whisler for standing as affiliated outsiders on the audit and compensation committees. 1.10 Elect Director E.E. Whitacre, Jr. --- For 2 Ratify Auditors For For Mgmt 04/20/05 - A PG&E CORP. *PCG* 69331C108 02/22/05 9,909 1 Elect Directors For Split Mgmt 1.1 Elect Director David R. Andrews --- For 1.2 Elect Director Leslie S. Biller --- For 1.3 Elect Director David A. Coulter --- Withhold WITHHOLD votes from David A. Coulter for standing as an affiliated outsider on the Nominating, Compensation, and Governance Committee. 1.4 Elect Director C. Lee Cox --- For 1.5 Elect Director Peter A. Darbee --- For 1.6 Elect Director Robert D. Glynn, Jr --- For 1.7 Elect Director Mary S. Metz --- For 1.8 Elect Director Barbara L. Rambo --- For 1.9 Elect Director Barry Lawson Williams --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Expense Stock Options Against Against ShrHoldr 5 Adopt Policy on Nuclear Waste Storage Against Against ShrHoldr 6 Amend Terms of Existing Poison Pill Against Against ShrHoldr 7 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 8 Allow Vote on Golden Parachutes Against For ShrHoldr The compensation committee is not entirely independent therefore this proposal will be supported by SSGA Mgmt Rec - Company Management Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/21/05 - A ALLTEL CORP. *AT* 020039103 02/24/05 7,679 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A PPG INDUSTRIES, INC. *PPG* 693506107 02/22/05 4,249 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A WEYERHAEUSER CO. *WY* 962166104 02/25/05 5,548 1 Elect Directors For For Mgmt 2 Expense Stock Options Against Against ShrHoldr 3 Declassify the Board of Directors Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 5 Report on Eliminating the Purchase of Against Against ShrHoldr Timber from National Forests 6 Ratify Auditors For For Mgmt 04/21/05 - A WYETH *WYE* 983024100 03/04/05 33,349 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Discontinue Promotion of Premarin and Against Against ShrHoldr Report on Animal Testing 04/22/05 - A ABBOTT LABORATORIES *ABT* 002824100 02/23/05 38,999 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Link Executive Compensation to Government Against Against ShrHoldr Fines 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports perforamance-based compensation. 5 Eliminate Animal Testing Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Report on Operational Imact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 8 Separate Chairman and CEO Positions Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/22/05 - A ALCOA INC. *AA* 013817101 01/24/05 21,601 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/22/05 - A DOMINION RESOURCES, INC. *D* 25746U109 02/25/05 8,549 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Report on Greenhouse Gas Emissions Against Against ShrHoldr 04/22/05 - A ELECTRONIC DATA SYSTEMS CORP. *EDS* 285661104 03/01/05 12,756 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Eliminate Supermajority Vote Requirement For For Mgmt 04/22/05 - A MERRILL LYNCH & CO., INC. *MER* 590188108 02/22/05 21,462 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 4 Provide for Cumulative Voting Against Against ShrHoldr 5 Limit Executive Compensation Against Against ShrHoldr 04/25/05 - A BELLSOUTH CORP. *BLS* 079860102 03/07/05 45,530 1 Elect Directors For Split Mgmt 1.1 Elect Director F. Duane Ackerman --- For 1.2 Elect Director Reuben V. Anderson --- For 1.3 Elect Director James H. Blanchard --- For 1.4 Elect Director J. Hyatt Brown --- Withhold WITHHOLD votes from J. Hyatt Brown for sitting on more than four public boards. 1.5 Elect Director Armando M. Codina --- For 1.6 Elect Director Kathleen F. Feldstein --- For Mgmt Rec - Company Management Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.7 Elect Director James P. Kelly --- For 1.8 Elect Director Leo F. Mullin --- For 1.9 Elect Director William S. Stavropoulos --- For 1.10 Elect Director Robin B. Smith --- For 2 Ratify Auditors For For Mgmt 3 Political Contributions Against Against ShrHoldr 04/25/05 - A HONEYWELL INTERNATIONAL, INC. *HON* 438516106 02/25/05 19,549 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Amend the Certificate of Incorporation and For For Mgmt By-laws 5 Establish Other Board Committee Against Against ShrHoldr 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Report on Pay Disparity Against Against ShrHoldr 8 Performance- Based/Indexed Options Against Against ShrHoldr 9 Approve Commonsense Executive Compensation Against Against ShrHoldr Framework 04/26/05 - A AMERICAN ELECTRIC POWER CO. *AEP* 025537101 03/02/05 9,761 1 Elect Directors For Split Mgmt 1.1 Elect Director E.R. Brooks --- Withhold WITHHOLD votes from E.R. Brooks for standing as an affiliated outsider on the Compensation Committee. 1.2 Elect Director Donald M. Carlton --- For 1.3 Elect Director John P. DesBarres --- For 1.4 Elect Director Robert W. Fri --- For 1.5 Elect Director William R. Howell --- For 1.6 Elect Director Lester A. Hudson, Jr. --- For 1.7 Elect Director Michael G. Morris --- For 1.8 Elect Director Lionel L. Nowell III --- For 1.9 Elect Director Richard L. Sandor --- For 1.10 Elect Director Donald G. Smith --- For 1.11 Elect Director Kathryn D. Sullivan --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Submit Executive Retirement Plan to Against For ShrHoldr Shareholder Vote The compensation committee is not entirely Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- independent, therefore the proposal will be supported. 04/26/05 - A BB&T CORPORATION *BBT* 054937107 03/07/05 13,798 1 Elect Directors For Split Mgmt 1.1 Elect Director Alfred E. Cleveland --- Withhold WITHHOLD votes from Albert F. Zettlemoyer and Alfred E. Cleveland for standing as affiliated outsiders on the Compensation Committee and Nominating Committee. 1.2 Elect Director Anna R. Cablik --- For 1.3 Elect Director John P. Howe, III --- For 1.4 Elect Director Nido R. Qubein --- For 1.5 Elect Director Albert F. Zettlemoyer --- Withhold 2 Ratify Auditors For For Mgmt 04/26/05 - A CENDANT CORPORATION *CD* 151313103 02/28/05 25,277 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Outside Director Stock For For Mgmt Awards/Options in Lieu of Cash 4 Approve Qualified Employee Stock Purchase For For Mgmt Plan 5 Report on Pay Disparity Against Against ShrHoldr 6 Eliminate or Restrict Severance Agreements Against Against ShrHoldr (Change-in-Control) 04/26/05 - A KRAFT FOODS INC *KFT* 50075N104 03/02/05 6,581 1 Elect Directors For Split Mgmt 1.1 Elect Director Jan Bennink --- For 1.2 Elect Director Louis C. Camilleri --- For 1.3 Elect Director Roger K. Deromedi --- For 1.4 Elect Director Dinyar S. Devitre --- For 1.5 Elect Director W. James Farrell --- Withhold WITHHOLD votes from W. James Farrell for sitting on more than four boards. 1.6 Elect Director Betsy D. Holden --- For 1.7 Elect Director Richard A. Lerner, M.D. --- For 1.8 Elect Director John C. Pope --- For 1.9 Elect Director Mary L. Schapiro --- For Mgmt Rec - Company Management Recommended Vote Page 12 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.10 Elect Director Charles R. Wall --- For 1.11 Elect Director Deborah C. Wright --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Report on Genetically Modified Organisms Against Against ShrHoldr (GMO) 04/26/05 - A MERCK & CO., INC. *MRK* 589331107 02/25/05 55,441 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prohibit Awards to Executives Against Against ShrHoldr 4 Limit Executive Compensation Against Against ShrHoldr 5 Eliminate Animal Testing Against Against ShrHoldr 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Report on Product Availability in Canada Against Against ShrHoldr 8 Report on Political Contributions Against Against ShrHoldr 9 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 04/26/05 - A METLIFE, INC *MET* 59156R108 03/01/05 10,417 1 Elect Directors For Split Mgmt 1.1 Elect Director Cheryl W. Grise --- For 1.2 Elect Director James R. Houghton --- For 1.3 Elect Director Helene L. Kaplan --- Withhold WITHHOLD votes from Helene L. Kaplan for standing as an affiliated outsider on the Nominating Committee. 1.4 Elect Director Sylvia M. Mathews --- For 1.5 Elect Director William C. Steere, Jr. --- For 2 Ratify Auditors For For Mgmt 3 Establish Other Board Committee Against Against ShrHoldr 04/26/05 - A NATIONAL CITY CORP. *NCC* 635405103 03/04/05 14,398 1 Elect Directors For For Mgmt 2 Ratify Auditor For For Mgmt 04/26/05 - A PNC FINANCIAL SERVICES GROUP, INC. 693475105 02/28/05 7,062 *PNC* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 13 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/26/05 - A SCHERING-PLOUGH CORP. *SGP* 806605101 03/04/05 36,623 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 4 Eliminate Animal Testing Against Against ShrHoldr 04/26/05 - A THE CHUBB CORP. *CB* 171232101 03/07/05 4,731 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/26/05 - A WELLS FARGO & COMPANY *WFC* 949746101 03/08/05 42,126 1 Elect Directors For Split Mgmt 1.1 Elect Director J.A. Blanchard III --- For 1.2 Elect Director Susan E. Engel --- For 1.3 Elect Director Enrique Hernandez, Jr. --- Withhold Enrique Hernandez, Jr. is an affiliated outsider on the audit committee. 1.4 Elect Director Robert L. Joss --- For 1.5 Elect Director Reatha Clark King --- For 1.6 Elect Director Richard M. Kovacevich --- For 1.7 Elect Director Richard D. McCormick --- For 1.8 Elect Director Cynthia H. Milligan --- Withhold WITHHOLD votes from Cynthia H. Milligan for standing as an affiliated outsider on the Audit and Nominating committees and from Judith M. Runstad for standing as an affiliated outsider on the Audit Committee. WITHHOLD votes from Michael W. Wright and Donald B. Rice for standing as affiliated outsiders on the Compensation and Nominating committees. 1.9 Elect Director Philip J. Quigley --- Withhold 1.10 Elect Director Donald B. Rice --- Withhold 1.11 Elect Director Judith M. Runstad --- Withhold 1.12 Elect Director Stephen W. Sanger --- For 1.13 Elect Director Susan G. Swenson --- For 1.14 Elect Director Michael W. Wright --- For Mgmt Rec - Company Management Recommended Vote Page 14 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Adopt Policy on Payday Lenders Against Against ShrHoldr 5 Link Executive Compensation to Predatory Against Against ShrHoldr Lending 6 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 7 Limit Executive Compensation Against Against ShrHoldr 8 Separate Chairman and CEO Positions Against Against ShrHoldr 04/27/05 - A BANK OF AMERICA CORP. *BAC* 060505104 03/04/05 101,472 1 Elect Directors For Split Mgmt 1.1 Elect Director William Barnet, III --- For 1.2 Elect Director Charles W. Coker --- For 1.3 Elect Director John T. Collins --- For 1.4 Elect Director Gary L. Countryman --- Withhold WITHHOLD votes from Gary L. Countryman for standing as an affiliated outsider on the Compensation Committee. 1.5 Elect Director Paul Fulton --- For 1.6 Elect Director Charles K. Gifford --- For 1.7 Elect Director W. Steven Jones --- For 1.8 Elect Director Kenneth D. Lewis --- For 1.9 Elect Director Walter E. Massey --- For 1.10 Elect Director Thomas J. May --- For 1.11 Elect Director Patricia E. Mitchell --- For 1.12 Elect Director Edward L. Romero --- For 1.13 Elect Director Thomas M. Ryan --- For 1.14 Elect Director O. Temple Sloan, Jr. --- For 1.15 Elect Director Meredith R. Spangler --- For 1.16 Elect Director Robert L. Tillman --- For 1.17 Elect Director Jackie M. Ward --- For 2 Ratify Auditors For For Mgmt 3 Report on Political Contributions Against Against ShrHoldr 4 Director Nominee Amendment Against Against ShrHoldr 04/27/05 - A CHEVRON CORP *CVX* 166764100 03/01/05 53,202 1 Elect Directors For Split Mgmt 1.1 Elect Director Samuel H. Armacost --- For 1.2 Elect Director Robert E. Denham --- Mgmt Rec - Company Management Recommended Vote Page 15 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Withhold Robert E. Denham is an affiliated outsider on the audit committee. 1.3 Elect Director Robert J. Eaton --- For 1.4 Elect Director Sam Ginn --- For 1.5 Elect Director Carla Anderson Hills --- For 1.6 Elect Director Franklyn G. Jenifer --- For 1.7 Elect Director Sam Nunn --- For 1.8 Elect Director David J. O'Reilly --- For 1.9 Elect Director Peter J. Robertson --- For 1.10 Elect Director Charles R. Shoemate --- For 1.11 Elect Director Ronald D. Sugar --- For 1.12 Elect Director Carl Ware --- For 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 4 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 5 Expense Stock Options Against Against ShrHoldr 6 Eliminate Animal Testing Against Against ShrHoldr 7 Report on Drilling in Protected Areas Against Against ShrHoldr 8 Report on Remediation Programs in Ecuador Against Against ShrHoldr 04/27/05 - A E.I. DU PONT DE NEMOURS & CO. *DD* 263534109 03/07/05 24,956 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Government Service of Employees Against Against ShrHoldr 4 Implement ILO Code of Conduct Against Against ShrHoldr 5 Executive Compensation Against Against ShrHoldr 6 Eliminate Animal Testing Against Against ShrHoldr 7 Report on Genetically Modified Organisms Against Against ShrHoldr 8 Performance- Based/Indexed Options Against Against ShrHoldr 9 Report on PFOA Chemical Remediation Against Against ShrHoldr 04/27/05 - A GENERAL ELECTRIC CO. *GE* 369604103 02/28/05 263,465 1 Elect Directors For Split Mgmt 1.1 Elect Director James I. Cash, Jr. --- For 1.2 Elect Director William M. Castell --- For 1.3 Elect Director Dennis D. Dammerman --- For Mgmt Rec - Company Management Recommended Vote Page 16 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.4 Elect Director Ann M. Fudge --- For 1.5 Elect Director Claudio X. Gonzalez --- Withhold WITHHOLD votes for sitting on more than four boards. 1.6 Elect Director Jeffrey R. Immelt --- For 1.7 Elect Director Andrea Jung --- For 1.8 Elect Director Alan G. Lafley --- For 1.9 Elect Director Ralph S. Larsen --- For 1.10 Elect Director Rochelle B. Lazarus --- For 1.11 Elect Director Sam Nunn --- For 1.12 Elect Director Roger S. Penske --- For 1.13 Elect Director Robert J. Swieringa --- For 1.14 Elect Director Douglas A. Warner III --- For 1.15 Elect Director Robert C. Wright --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Report on Nuclear Fuel Storage Risks Against Against ShrHoldr 5 Report on PCB Clean-up Costs Against Against ShrHoldr 6 Adopt Policy on Overboarded Directors Against Against ShrHoldr 7 Prepare a Sustainability Report Against Against ShrHoldr 8 Political Contributions/Activities Against Against ShrHoldr 9 Eliminate Animal Testing Against Against ShrHoldr 04/27/05 - A MARATHON OIL CORP *MRO* 565849106 02/28/05 8,542 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 4 Amend Governance Documents Regarding Against Against ShrHoldr Director Nominees by Affirmative Votes 04/28/05 - A ALTRIA GROUP, INC. *MO* 02209S103 03/07/05 51,240 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Ratify Auditors For For Mgmt 5 Eliminate Animal Testing Against Against ShrHoldr 6 Product Warnings for Pregnant Women Against Against ShrHoldr 7 Cease Use of Light and Ultra Light in Against Against ShrHoldr Cigarette Marketing 8 Apply Fire Safety Standards for Cigarettes Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 17 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/28/05 - A CORNING INC. *GLW* 219350105 03/01/05 34,524 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/28/05 - A PFIZER INC. *PFE* 717081103 03/02/05 188,488 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Establish Term Limits for Directors Against Against ShrHoldr 4 Report on Pharmaceutical Price Restraint Against Against ShrHoldr 5 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 6 Report on Political Contributions Against Against ShrHoldr 7 Report on Product Availability in Canada Against Against ShrHoldr 8 Separate Chairman and CEO Positions Against Against ShrHoldr 04/29/05 - A COCA-COLA ENTERPRISES INC. *CCE* 191219104 03/02/05 6,268 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Limit Executive Compensation Against Against ShrHoldr 5 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 6 Amendment of Governance Documents to Against Against ShrHoldr Require Election of Directors by Majority Vote 7 Performance and Time-Based Restricted Share Against Against ShrHoldr Grant Program for Senior Executives 04/29/05 - A FREESCALE SEMICONDUCTOR, INC. *FSL* 35687M206 03/01/05 6,508 1 Elect Directors For For Mgmt 2 Amend Articles For For Mgmt 3 Amend Bylaws For For Mgmt 4 Approve Omnibus Stock Plan For For Mgmt 5 Ratify Auditors For For Mgmt 04/29/05 - A KELLOGG CO. *K* 487836108 03/01/05 5,958 1 Elect Directors For Split Mgmt Mgmt Rec - Company Management Recommended Vote Page 18 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director Claudio X. Gonzalez --- Withhold WITHHOLD votes from Claudio X. Gonzalez for sitting on more than four boards. 1.2 Elect Director A. D. David Mackay --- For 1.3 Elect Director William C. Richardson --- For 1.4 Elect Director John L. Zabriskie --- For 2 Ratify Auditors For For Mgmt 3 Report on Genetically Modified Organisms Against Against ShrHoldr (GMO) 4 Employ Financial Advisor to Explore Against Against ShrHoldr Alternatives to Maximize Value 04/29/05 - A SBC COMMUNICATIONS INC. *SBC* 78387G103 03/01/05 82,699 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 4 Report on Political Contributions Against Against ShrHoldr 5 Report on Executive Compensation Against Against ShrHoldr 6 Performance- Based/Indexed Options Against Against ShrHoldr 7 Adopt Simple Majority Vote Against For ShrHoldr Supermajority vote requirements generally serve to lock in provisions that are harmful to shareholders. Requiring approval by more than a simple majority of voting shares may entrench management by preventing action that may benefit shareholders. 04/29/05 - A XL CAPITAL LTD (FORMERLY EXEL LTD.) G98255105 03/14/05 3,411 *XL* MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 TO APPROVE THE AMENDMENT AND RESTATEMENT OF For For Mgmt THE COMPANY S 1991 PERFORMANCE INCENTIVE PROGRAM. 05/02/05 - A MBNA CORP. *KRB* 55262L100 02/04/05 28,012 1 Elect Directors For Split Mgmt 1.1 Elect Director James H. Berick --- Withhold WITHHOLD votes from James H. Berick for standing Mgmt Rec - Company Management Recommended Vote Page 19 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- as an affiliated outsider on the Audit Committee, from Benjamin R. Civiletti and James H. Berick for standing as affiliated outsiders on the Compensation Committee, from Benjamin R. Civiletti and James H. Berick for standing as affiliated outsiders on the Nominating Committee. 1.2 Elect Director Mary M. Boies --- For 1.3 Elect Director Benjamin R. Civiletti --- Withhold 1.4 Elect Director Bruce L. Hammonds --- For 1.5 Elect Director William L. Jews --- For 1.6 Elect Director Randolph D. Lerner --- For 1.7 Elect Director Stuart L. Markowitz, M.D. --- For 1.8 Elect Director William B. Milstead --- For 1.9 Elect Director Thomas G. Murdough, Jr. --- For 1.10 Elect Director Laura S. Unger --- For 2 Ratify Auditors For For Mgmt 3 Expense Stock Options Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 05/02/05 - A MOTOROLA, INC. *MOT* 620076109 03/04/05 58,249 1 Elect Directors For For Mgmt 2 Limit Executive Compensation Against Against ShrHoldr 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/03/05 - A BAXTER INTERNATIONAL INC. *BAX* 071813109 03/04/05 15,252 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Restore or Provide for Cumulative Voting Against Against ShrHoldr 4 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 5 Declassify the Board of Directors None Against ShrHoldr 05/03/05 - A BRISTOL-MYERS SQUIBB CO. *BMY* 110122108 03/07/05 48,390 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Articles to Eliminate Certain For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 20 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Supermajority Vote Requirements 4 Report on Political Contributions Against Against ShrHoldr 5 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 6 Eliminate Animal Testing Against Against ShrHoldr 7 Separate Chairman and CEO Positions Against Against ShrHoldr 8 Proposal Regarding Restatement Situations Against Against ShrHoldr 9 Limit/Prohibit Awards to Executives Against For ShrHoldr SSGA supports performance based compensation. 10 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/03/05 - A NORTH FORK BANCORPORATION, INC. *NFB* 659424105 03/04/05 10,800 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt 05/03/05 - A THE ST. PAUL TRAVELERS COMPANIES, 792860108 03/11/05 16,587 INC. *STA* 1 Elect Directors For Split Mgmt 1.1 Elect Director John H. Dasburg --- For 1.2 Elect Director Leslie B. Disharoon --- For 1.3 Elect Director Janet M. Dolan --- For 1.4 Elect Director Kenneth M. Duberstein --- For 1.5 Elect Director Jay S. Fishman --- For 1.6 Elect Director Lawrence G. Graev --- Withhold WITHHOLD votes from Lawrence G. Graev for standing as an affiliated outsider on the Compensation and Nominating committees. 1.7 Elect Director Thomas R. Hodgson --- For 1.8 Elect Director Robert I. Lipp --- For 1.9 Elect Director Blythe J. McGarvie --- For 1.10 Elect Director Glen D. Nelson, M.D. --- For 1.11 Elect Director Clarence Otis, Jr. --- For 1.12 Elect Director Charles W. Scharf --- For 1.13 Elect Director Laurie J. Thomsen --- For 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 21 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/04/05 - A RAYTHEON CO. *RTN* 755111507 03/09/05 11,237 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 5 Amend Non-Employee Director Restricted For For Mgmt Stock Plan 6 Adopt MacBride Principles Against Against ShrHoldr 7 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 8 Require Director Nominee Qualifications Against Against ShrHoldr 05/05/05 - A APACHE CORP. *APA* 037411105 03/16/05 6,745 1 Elect Directors For For Mgmt 2 Approve Stock Option Plan For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 5 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 05/05/05 - A CONOCOPHILLIPS *COP* 20825C104 03/10/05 15,620 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/05/05 - A EMC CORP. *EMC* 268648102 03/07/05 60,086 1 Elect Directors For Split Mgmt 1.1 Elect Director Michael J. Cronin --- For 1.2 Elect Director W. Paul Fitzgerald --- Withhold WITHHOLD votes from W. Paul Fitzgerald for standing as an affiliated outsider on the audit committee and nominating committee. 1.3 Elect Director Joseph M. Tucci --- For 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 5 Creation of an Independent Audit Committee Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 22 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/05/05 - A KEYCORP *KEY* 493267108 03/08/05 10,064 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A UNION PACIFIC CORP. *UNP* 907818108 02/25/05 6,484 1 Elect Directors For Split Mgmt 1.1 Elect Director Philip F. Anschutz --- Withhold Philip F. Anschutz is a CEO director on the nominating committee. 1.2 Elect Director Erroll B. Davis, Jr. --- For 1.3 Elect Director Richard K. Davidson --- For 1.4 Elect Director Thomas J. Donohue --- For 1.5 Elect Director Archie W. Dunham --- For 1.6 Elect Director Spencer F. Eccles --- For 1.7 Elect Director Judith Richards Hope --- For 1.8 Elect Director Michael W. McConnell --- For 1.9 Elect Director Steven R. Rogel --- For 1.10 Elect Director James R. Young --- For 1.11 Elect Director Ernesto Zedillo Ponce de Leon --- For 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Performance- Based/Indexed Options Against Against ShrHoldr 05/05/05 - A VERIZON COMMUNICATIONS *VZ* 92343V104 03/07/05 69,162 1 Elect Directors For Split Mgmt 1.1 Elect Director James R. Barker --- For 1.2 Elect Director Richard L. Carrion --- Withhold Richard L. Carrion is an affiliated outsider on the compensation committee. 1.3 Elect Director Robert W. Lane --- For 1.4 Elect Director Sandra O. Moose --- Withhold Sandra O. Moose is an affiliated outsider on the audit and nominating committees. 1.5 Elect Director Joseph Neubauer --- Withhold WITHHOLD votes for sitting on more than four Mgmt Rec - Company Management Recommended Vote Page 23 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- boards while serving as CEO. 1.6 Elect Director Thomas H. O' Brien --- For 1.7 Elect Director Hugh B. Price --- For 1.8 Elect Director Ivan G. Seidenberg --- For 1.9 Elect Director Walter V. Shipley --- For 1.10 Elect Director John R. Stafford --- For 1.11 Elect Director Robert D. Storey --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 5 Require Majority of Independent Directors Against For ShrHoldr on Board SSGA supports proposals urging a standard of a two-thirds majority independent board, which the company currently does not meet. 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Amend Director/Officer Against Against ShrHoldr Liability/Indemnifications Provisions 8 Report on Political Contributions Against Against ShrHoldr 05/06/05 - A OCCIDENTAL PETROLEUM CORP. *OXY* 674599105 03/03/05 9,786 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Proposal Regarding Board Sponsored Proposals Against Against ShrHoldr 5 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 05/09/05 - A PITNEY BOWES INC. *PBI* 724479100 03/11/05 5,685 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A INTERNATIONAL PAPER CO. *IP* 460146103 03/17/05 10,018 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 05/10/05 - A LOEWS CORP. *LTR* 540424108 03/14/05 3,167 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 24 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Amend Stock Option Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Provide for Cumulative Voting Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Support Legislation and Make Public Against Against ShrHoldr Statements on Environmental Tobacco Smoke 8 Apply Fire Safety Standards for Cigarettes Against Against ShrHoldr 05/10/05 - A MASCO CORP. *MAS* 574599106 03/15/05 9,121 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/10/05 - A THE GAP, INC. *GPS* 364760108 03/14/05 16,484 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 05/11/05 - A EASTMAN KODAK CO. *EK* 277461109 03/15/05 6,027 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Declassify the Board of Directors For For Mgmt 6 Amend Articles For For Mgmt 7 Amend Articles For For Mgmt 05/11/05 - A MCDONALD'S CORP. *MCD* 580135101 03/14/05 31,499 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Genetically Modified Organisms Against Against ShrHoldr 05/11/05 - A PROGRESS ENERGY, INC. *PGN* 743263105 03/04/05 6,195 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/12/05 - A ANADARKO PETROLEUM CORP. *APC* 032511107 03/14/05 6,206 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Report on Political Contributions Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 25 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/12/05 - A CVS CORPORATION *CVS* 126650100 03/15/05 8,305 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Performance- Based/Indexed Options Against Against ShrHoldr 5 Review/Limit Executive Compensation Against Against ShrHoldr 05/12/05 - A DUKE ENERGY CORP. *DUK* 264399106 03/14/05 23,324 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt 05/12/05 - A FORD MOTOR COMPANY *F* 345370860 03/16/05 36,308 1 Elect Directors For Split Mgmt 1.1 Elect Director John R.H. Bond --- Withhold Vote FOR the directors with the exception of affiliated outsiders Robert E. Rubin and John R.H. Bond, from whom we recommend shareholders WITHHOLD votes for standing as affiliated outsiders on the Compensation and Nominating & Corporate Governance committees. 1.2 Elect Director Stephen G. Butler --- For 1.3 Elect Director Kimberly A. Casiano --- For 1.4 Elect Director Edsel B. Ford II --- For 1.5 Elect Director William Clay Ford, Jr. --- For 1.6 Elect Director Irvine O. Hockaday, Jr. --- For 1.7 Elect Director Marie-Josee Kravis --- For 1.8 Elect Director Richard A. Manoogian --- For 1.9 Elect Director Ellen R. Marram --- For 1.10 Elect Director Homer A. Neal --- For 1.11 Elect Director Jorma Ollila --- For 1.12 Elect Director James J. Padilla --- For 1.13 Elect Director Carl E. Reichardt --- For 1.14 Elect Director Robert E. Rubin --- Withhold 1.15 Elect Director John L. Thornton --- For 2 Ratify Auditors For For Mgmt 3 Increase Disclosure on Executive Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 26 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Compensation 4 Report on Lobbying Efforts - CAFE Standards Against Against ShrHoldr 5 Prohibit Awards to Executives Against Against ShrHoldr 6 Link Executive Compensation to Greenhouse Against Against ShrHoldr Gas Reduction 7 Adopt Recapitalization Plan Against For ShrHoldr SSGA does not support dual-class with unequal voting rights. 8 Establish Other Board Committee Against Against ShrHoldr 05/12/05 - A NORFOLK SOUTHERN CORP. *NSC* 655844108 03/07/05 9,800 1 Elect Directors For Split Mgmt 1.1 Elect Director Gerald L. Baliles --- Withhold WITHHOLD votes from Gerald L. Baliles for standing as an affiliated outsider on the Nominating Committee. 1.2 Elect Director Gene R. Carter --- For 1.3 Elect Director Charles W. Moorman --- For 1.4 Elect Director J. Paul Reason --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 05/12/05 - A THE DOW CHEMICAL COMPANY *DOW* 260543103 03/14/05 23,415 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Persistent Bioaccumulative and Against Against ShrHoldr Toxic Chemicals 05/13/05 - A ENTERGY CORP. *ETR* 29364G103 03/16/05 4,684 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require the Chairman of the Board Be an Against Against ShrHoldr Independent Director 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 27 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/13/05 - A WASTE MANAGEMENT, INC. *WMI* 94106L109 03/18/05 11,929 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Privatization Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 5 Report on Political Contributions Against Against ShrHoldr 6 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 05/16/05 - A LIMITED BRANDS *LTD* 532716107 03/31/05 7,331 1 Elect Directors For For Mgmt 05/17/05 - A COMERICA INC. *CMA* 200340107 03/18/05 3,561 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A FIRSTENERGY CORPORATION *FE* 337932107 03/22/05 6,872 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Political Contributions Against Against ShrHoldr 4 Amend Vote Requirements to Amend Against For ShrHoldr Articles/Bylaws/Charter SSGA supports proposals that ask the company to reduce its supermajority vote requirements. 5 Performance- Based/Indexed Options Against Against ShrHoldr 05/17/05 - A JPMORGAN CHASE & CO. *JPM* 46625H100 03/22/05 74,003 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Establish Term Limits for Directors Against Against ShrHoldr 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Limit Executive Compensation Against Against ShrHoldr 7 Adopt Executive Benefit Policy Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 28 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/17/05 - A PRINCIPAL FINANCIAL GROUP, INC. *PFG* 74251V102 03/18/05 6,534 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Ratify Auditors For For Mgmt 4 Approve Omnibus Stock Plan For For Mgmt 05/17/05 - A THE ALLSTATE CORP. *ALL* 020002101 03/18/05 14,401 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 05/18/05 - A HALLIBURTON CO. *HAL* 406216101 03/21/05 9,229 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/18/05 - A THE HARTFORD FINANCIAL SERVICES 416515104 03/22/05 6,013 GROUP, INC. *HIG* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 05/19/05 - A MATTEL, INC. *MAT* 577081102 03/23/05 8,687 1 Elect Directors For For Mgmt 2 Ratify Auditor For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 5 Workplace Code of Conduct Against Against ShrHoldr 05/19/05 - A REGIONS FINANCIAL CORP. *RF* 7591EP100 03/24/05 9,959 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 29 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/19/05 - A THE CHARLES SCHWAB CORP. *SCH* 808513105 03/21/05 23,290 1 Elect Directors For Split Mgmt 1.1 Elect Director Frank C. Herringer --- For 1.2 Elect Director Stephen T. McLin --- Withhold WITHHOLD votes from Stephen T. McLin for standing as an affiliated outsider on the Audit and Nominating committees. 1.3 Elect Director Charles R. Schwab --- For 1.4 Elect Director Roger O. Walther --- For 1.5 Elect Director Robert N. Wilson --- For 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 05/19/05 - A XEROX CORP. *XRX* 984121103 03/24/05 20,479 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/20/05 - A FPL GROUP, INC. *FPL* 302571104 03/22/05 6,988 1 Elect Directors For Split Mgmt 1.1 Elect Director Director H. Jesse Arnelle --- For 1.2 Elect Director Director Sherry S. Barrat --- For 1.3 Elect Director Director Robert M. Beall, II --- For 1.4 Elect Director Director J. Hyatt Brown --- Withhold We recommend a vote FOR the director with the exception of independent outsider J. Hyatt Brown. We recommend that shareholders WITHHOLD votes from J. Hyatt Brown for sitting on more than four boards. 1.5 Elect Director Director James L. Camaren --- For 1.6 Elect Director Director Lewis Hay, III --- For Mgmt Rec - Company Management Recommended Vote Page 30 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.7 Elect Director Director Rudy E. Schupp --- For 1.8 Elect Director Director Michael H. Thaman --- For 1.9 Elect Director Director Hansel E. Tookes, II --- For 1.10 Elect Director Director Paul R. Tregurtha --- For 1.11 Elect Director Director Frank G. Zarb --- For 2 Ratify Auditors For For Mgmt 05/20/05 - A J. C. PENNEY CO., INC (HLDG CO) *JCP* 708160106 03/21/05 5,221 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 05/20/05 - A TIME WARNER INC *TWX* 887317105 03/24/05 94,750 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Pay Disparity Against Against ShrHoldr 05/20/05 - A TXU CORP. *TXU* 873168108 03/21/05 6,124 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/23/05 - A UNOCAL CORP. *UCL* 915289102 04/01/05 5,693 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 05/24/05 - A EQUITY OFFICE PROPERTIES TRUST *EOP* 294741103 03/17/05 8,434 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 31 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/25/05 - A EXXON MOBIL CORP. *XOM* 30231G102 04/06/05 138,863 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Political Contributions/Activities Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr 5 Nominate Independent Directors with Against Against ShrHoldr Industry Experience 6 Report on Payments to Indonesian Military Against Against ShrHoldr 7 Adopt Policy Prohibiting Discrimination Against Against ShrHoldr based on Sexual Orientation 8 Report on Potential Damage of Drilling in Against Against ShrHoldr Protected Regions 9 Disclose Information Supporting the Company Against Against ShrHoldr Position on Climate Change 10 Report on Company Policies for Compliance Against Against ShrHoldr with the Kyoto Protocol 05/25/05 - A SAFEWAY INC. *SWY* 786514208 03/28/05 9,617 1 Elect Directors For Split Mgmt 1.1 Elect Director Steven A. Burd --- For 1.2 Elect Director Janet E. Grove --- For 1.3 Elect Director Mohan Gyani --- For 1.4 Elect Director Paul Hazen --- For 1.5 Elect Director Robert I. MacDonnell --- Withhold Robert I. MacDonnell is an affiliated outsider by SSGA standards, on the Audit and Compensation committees. 1.6 Elect Director Douglas J. MacKenzie --- For 1.7 Elect Director Rebecca A. Stirn --- For 1.8 Elect Director William Y. Tauscher --- Withhold William Y. Tauscher is an affiliated outsider by SSGA standards, on the compensation committee. 1.9 Elect Director Raymond G. viault --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Seek Sale of Company Against Against ShrHoldr 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Prepare a Sustainability Report Against Against ShrHoldr 7 Limit Awards to Executives Against Against ShrHoldr 8 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 9 Limit Composition of Committee(s) to Against Against ShrHoldr Independent Directors Mgmt Rec - Company Management Recommended Vote Page 32 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 10 Proposal Regarding the Office of The Board Against Against ShrHoldr of Directors 05/25/05 - A SOUTHERN COMPANY *SO* 842587107 03/28/05 15,929 1 Elect Directors For Split Mgmt 1.1 Elect Director Daniel P. Amos --- For 1.2 Elect Director Dorrit J. Bern --- For 1.3 Elect Director Francis S. Blake --- Withhold Francis S. Blake is an affiliated outsider on the audit committee. 1.4 Elect Director Thomas F. Chapman --- Withhold Thomas F. Chapman is an affiliated director on the compensation and nominating committees. 1.5 Elect Director Bruce S. Gordon --- For 1.6 Elect Director Donald M. James --- Withhold Donald M. James is an affiliated outsider on the audit committee. 1.7 Elect Director Zack T. Pate --- For 1.8 Elect Director J. Neal Purcell --- For 1.9 Elect Director David M. Ratcliffe --- For 1.10 Elect Director Gerald J. St. Pe --- For 2 Ratify Auditors For For Mgmt 3 Report on Political Contributions Against Against ShrHoldr 05/26/05 - A ACE LTD. *ACE* G0070K103 04/08/05 6,075 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/01/05 - A INGERSOLL-RAND COMPANY LIMITED G4776G101 04/04/05 3,800 MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For For Mgmt 2 APPROVAL OF AMENDMENT TO BYE-LAW 10 OF THE For For Mgmt BYE-LAWS TO ELIMINATE THE CLASSIFICATION OF THE BOARD OF DIRECTORS. 3 APPROVAL OF AMENDMENT TO BYE-LAW 10 OF THE For For Mgmt BYE-LAWS TO ELIMINATE CUMULATIVE VOTING IN THE ELECTION OF DIRECTORS. 4 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 33 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 06/02/05 - A ALBERTSON'S, INC. *ABS* 013104104 04/13/05 6,891 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Adopt Simply Majority Vote Requirement Against For ShrHoldr SSGA supports the reduction of a company's voting requirements. 5 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Performance- Based/Indexed Options Against For ShrHoldr The proposal requests that a significant portion of future stock option grants to senior executives shall be performance-based. This is not unduly restrictive. 06/07/05 - A GENERAL MOTORS CORP. *GM* 370442105 04/08/05 9,922 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prohibit Awards to Executives Against Against ShrHoldr 4 Provide for Cumulative Voting Against Against ShrHoldr 5 Report on Greenhouse Gas Emissions Against Against ShrHoldr 6 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 7 Adopt Simple Majority Vote Requirement for Against Against ShrHoldr All Issues 06/07/05 - A PRUDENTIAL FINANCIAL INC *PRU* 744320102 04/11/05 11,174 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Approve Qualified Employee Stock Purchase For For Mgmt Plan 06/08/05 - A DEVON ENERGY CORP. *DVN* 25179M103 04/11/05 9,888 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 34 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. LARGE CAP VALUE INDEX FUND - J925 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 06/15/05 - A COUNTRYWIDE FINANCIAL CORP. *CFC* 222372104 04/20/05 12,128 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/23/05 - A THE KROGER CO. *KR* 501044101 04/25/05 15,566 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Eliminate super-majority provision Against For ShrHoldr SSGA generally supports a simple majority vote to effect changes in a company's corporate governance or to engage in major transactions. Requiring a higher voting threshold could permit management to entrench itself by blocking amendments that are in shareholders' best interests. 5 Report on Feasibility of Improving Animal Against For ShrHoldr Welfare Standards 6 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 06/30/05 - A AT&T CORP. *T* 001957505 05/27/05 20,369 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 3 Elect Directors For For Mgmt 4 Ratify Auditors For For Mgmt 5 Limit Awards to Executives Against Against ShrHoldr 6 Performance- Based/Indexed Options Against Against ShrHoldr 7 Report on Executive Compensation Against Against ShrHoldr 8 Redeem or Vote Poison Pill Against For ShrHoldr SSGA supports proposals that asks the company to submit it's poison pill to shareholder vote. 9 Review Executive Compensation Against Against ShrHoldr 10 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote Mgmt Rec - Company Management Recommended Vote Page 35 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 07/01/04 - A COST PLUS, INC. *CPWM* 221485105 05/07/04 3,014 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Non-Employee Director Stock Option Plan For For Mgmt 4 Ratify Auditors For For Mgmt 07/21/04 - A PLANTRONICS, INC. *PLT* 727493108 05/24/04 6,528 1 Elect Directors For Split Mgmt 1.1 Elect Director Patti Hart --- For 1.2 Elect Director Ken Kannappan --- For 1.3 Elect Director Trude Taylor --- For 1.4 Elect Director Marv Tseu --- For 1.5 Elect Director David Wegmann --- For 1.6 Elect Director Roger Wery --- Withhold WITHHOLD votes from Roger Wery for standing as an affiliated outsider on the Nominating Committee. 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Ratify Auditors For For Mgmt 07/26/04 - A MACROMEDIA, INC. *MACR* 556100105 06/09/04 9,008 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the total level of potential dilution under all plans is above the allowable cap of 18% and the plan permits repricing. 3 Ratify Auditors For For Mgmt 07/28/04 - A CHRISTOPHER & BANKS CORP *CBK* 171046105 05/21/04 5,242 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 07/28/04 - A CORPORATE EXECUTIVE BOARD CO. (THE) *EXBD* 21988R102 06/23/04 4,986 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 07/28/04 - A STERIS CORP. *STE* 859152100 06/14/04 9,335 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors and Change For For Mgmt Range for Size of the Board 3 Amend Articles For For Mgmt 4 Adopt a Policy that will Establish an Engagement Against Against ShrHoldr Process with the Proponents of Shareholder Proposals 08/03/04 - A ALLIANT TECHSYSTEMS INC. *ATK* 018804104 06/07/04 5,172 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on the Weaponization of Space Against Against ShrHoldr 08/05/04 - A TARO PHARMACEUTICALS INDUSTRIES M8737E108 06/28/04 3,686 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 APPROVE THE AUDITORS REPORT AND CONSOLIDATED For For Mgmt FINANCIAL STATEMENTS OF THE COMPANY FOR THE YEAR ENDED DECEMBER 31, 2003. 4 APPROVE AN AMENDMENT TO THE COMPANY S 1999 STOCK For Against Mgmt INCENTIVE PLAN AUTHORIZING THE GRANT OF STOCK OPTIONS TO THE COMPANY S INDEPENDENT DIRECTORS. Items 4-5. Due to the administrative structure of the plan, which allows discretionary grants of stock options to administering directors, as well as the lack of disclosure of key provisions, it is recommended that shareholders oppose both Items 4 and 5. 5 APPROVE THE GRANT OF STOCK OPTIONS TO THE COMPANY S For Against Mgmt INDEPENDENT DIRECTORS. Mgmt Rec - Company Management Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 08/10/04 - A BLACK BOX CORP. *BBOX* 091826107 06/11/04 2,351 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Amend Non-Employee Director Stock Option Plan For For Mgmt 4 Ratify Auditors For For Mgmt 08/11/04 - A PRECISION CASTPARTS CORP. *PCP* 740189105 06/18/04 8,628 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 08/12/04 - S TULARIK, INC. 899165104 06/25/04 7,341 1 Approve Merger Agreement For For Mgmt 09/14/04 - A PFF BANCORP, INC. *PFB* 69331W104 07/19/04 1,831 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 09/15/04 - S ENGINEERED SUPPORT SYSTEMS, INC. *EASI* 292866100 08/02/04 3,317 1 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (183%). The company has not offered a specific purpose for the additional shares. 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. Mgmt Rec - Company Management Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 09/15/04 - A JOHN WILEY & SONS, INC. *JW.A* 968223206 07/19/04 5,295 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the size of the requested authorization and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Approve Outside Director Stock Options in Lieu of For For Mgmt Cash 09/17/04 - A POLYMEDICA CORP. *PLMD* 731738100 07/26/04 3,529 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 09/21/04 - A ASYST TECHNOLOGIES, INC. *ASYT* 04648X107 07/23/04 5,916 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 09/21/04 - A GLOBAL PAYMENTS, INC. *GPN* 37940X102 08/06/04 4,849 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 09/21/04 - A SCHOLASTIC CORP. *SCHL* 807066105 07/26/04 4,557 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 09/23/04 - A ALKERMES, INC. *ALKS* 01642T108 07/19/04 12,193 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For For Mgmt 09/24/04 - S UCBH HOLDINGS, INC. *UCBH* 90262T308 08/31/04 5,782 1 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 09/28/04 - A CYBERONICS, INC. *CYBX* 23251P102 08/23/04 2,379 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 09/28/04 - S EVERGREEN RESOURCES, INC. 299900308 07/30/04 5,888 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 09/28/04 - A OMNIVISION TECHNOLOGIES, INC. *OVTI* 682128103 08/27/04 7,124 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/28/04 - A SCIENTIFIC GAMES CORPORATION *SGMS* 80874P109 09/01/04 8,089 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/30/04 - S HEWITT ASSOCIATES, INC. *HEW* 42822Q100 08/17/04 4,022 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough Mgmt Rec - Company Management Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 10/05/04 - A RUBY TUESDAY, INC. *RI* 781182100 08/10/04 8,525 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Report on Genetically Modified Organisms (GMO) Against Against ShrHoldr 10/13/04 - S CHELSEA PROPERTY GROUP, INC. 163421100 08/23/04 5,653 1 Approve Merger Agreement For For Mgmt 10/15/04 - A ACTEL CORP. *ACTL* 004934105 09/01/04 3,396 1 Elect Directors For Split Mgmt 1.1 Elect Director John C. East --- For 1.2 Elect Director James R. Fiebiger --- For 1.3 Elect Director Jacob S. Jacobsson --- For 1.4 Elect Director J. Daniel McCranie --- For 1.5 Elect Director Henry L. Perret --- Withhold WITHHOLD votes from Henry L. Perret for standing as an affiliated outsider on the Audit Committee. 1.6 Elect Director Robert G. Spencer --- For 2 Ratify Auditors For For Mgmt 10/20/04 - A BRIGGS & STRATTON CORP. *BGG* 109043109 08/25/04 2,874 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the size of the requested authorization and the total level of potential dilution under all plans is above the allowable cap of 15%. Mgmt Rec - Company Management Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------- 10/20/04 - S CHARLES RIVER LABORATORIES INTERNATIONAL, 159864107 09/13/04 6,007 INC. *CRL* 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 10/21/04 - A APPLERA CORP *ABI* 038020202 08/30/04 9,529 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Employee Stock Purchase Plan For For Mgmt 4 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, and the total level of potential dilution under all plans is above the allowable cap of 18%. 5 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, and the total level of potential dilution under all plans is above the allowable cap of 18%. 10/21/04 - A TECHNE CORP. *TECH* 878377100 09/10/04 5,261 1 Fix Number of Directors For For Mgmt 2 Elect Directors For Split Mgmt 2.1 Elect Director Thomas E. Oland --- For 2.2 Elect Director Roger C. Lucas, Ph.D --- Withhold WITHHOLD votes from Roger C. Lucas, Ph.D. for standing as an affiliated outsider on the Nominating Committee. 2.3 Elect Director Howard V. O'Connell --- For 2.4 Elect Director G. Arthur Herbert --- For 2.5 Elect Director Randolph C Steer M.D. Ph.D --- For 2.6 Elect Director Robert V. Baumgartner --- For 10/22/04 - A DIONEX CORP. *DNEX* 254546104 09/07/04 2,673 1 Elect Directors For Split Mgmt 1.1 Elect Director David L. Anderson --- For Mgmt Rec - Company Management Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------- 1.2 Elect Director A. Blaine Bowman --- For 1.3 Elect Director Lukas Braunschweiler --- For 1.4 Elect Director B.J. Moore --- For 1.5 Elect Director Riccardo Pigliucci --- For 1.6 Elect Director Michael W. Pope --- Withhold WITHHOLD votes from Michael W. Pope for standing as an affiliated outsider on the Audit, Compensation and Nominating committees 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 10/26/04 - A KENNAMETAL, INC. *KMT* 489170100 09/07/04 4,671 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 10/28/04 - A INTEGRATED CIRCUIT SYSTEMS, INC. *ICST* 45811K208 09/09/04 9,295 1 Elect Directors For Split Mgmt 1.1 Elect Director Lewis C. Eggebrecht --- For 1.2 Elect Director Henry I. Boreen --- Withhold WITHHOLD votes from Henry I. Boreen for standing as an affiliated outsider on the Audit Committee. 1.3 Elect Director David Dominik --- For 10/28/04 - PC NDCHEALTH CORP. *NDC* 639480102 09/03/04 4,059 MANAGEMENT PROXY (WHITE CARD) 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt 3 Hire Advisor/Maximize Shareholder Value None For ShrHoldr DISSIDENT PROXY (BLUE CARD) 1 Approve Omnibus Stock Plan For None Mgmt 2 Hire Advisor/Maximize Shareholder Value For None ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 10/28/04 - A REGIS CORP. *RGS* 758932107 09/20/04 5,669 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Other Business For Against Mgmt Details of other business items not disclosed 10/28/04 - A VICURON PHAMACEUTICALS, INC. *MICU* 926471103 09/08/04 6,994 1 Elect Directors For Split Mgmt 1.1 Elect Director Christopher T Walsh Phd --- Withhold Christopher T. Walsh, Ph.D. is an affiliated outsider on all key committees. 1.2 Elect Director Cheryl A. Wenzinger Cpa --- For 2 Ratify Auditors For For Mgmt 11/04/04 - A CREE, INC. *CREE* 225447101 09/07/04 9,604 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 11/04/04 - A M-SYSTEMS FLASH DISK PIONEER *FLSH* M7061C100 09/27/04 3,817 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 APPROVAL OF THE GRANT OF STOCK OPTIONS TO None Against Mgmt DIRECTORS OF THE COMPANY. Excessive potential dilution of 18.5 percent. 4 APPROVAL OF THE INCREASE IN THE NUMBER OF For Against Mgmt ORDINARY SHARES RESERVED FOR ISSUANCE UNDER THE COMPANY S 2003 STOCK OPTION AND RESTRICTED STOCK INCENTIVE PLAN. Excessive potential dilution of 23.3 percent. 11/08/04 - A MEREDITH CORP. *MDP* 589433101 09/09/04 5,294 1 Elect Directors For Split Mgmt Mgmt Rec - Company Management Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director Mary Sue Coleman --- For 1.2 Elect Director D Mell Meredith Frazier --- Withhold WITHHOLD votes for standing as an affiliated outsider on the Compensation and Nominating committees. 1.3 Elect Director Joel W. Johnson --- For 1.4 Elect Director Stephen M. Lacy --- For 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 11/10/04 - A HYPERION SOLUTIONS CORP. *HYSL* 44914M104 09/12/04 4,995 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 11/10/04 - S MACROMEDIA, INC. *MACR* 556100105 10/04/04 8,155 1 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants abd the total level of potential dilution under all plans is above the allowable cap of 18%. 11/11/04 - A G&K SERVICES, INC. *GKSRA* 361268105 09/14/04 2,515 1 Elect Directors For Split Mgmt 1.1 Elect Director John S. Bronson --- For 1.2 Elect Director Wayne M. Fortun --- Withhold Wayne M. Fortun is an affiliated outsider on the compensation committee. 2 Ratify Auditors For For Mgmt 11/11/04 - A MYRIAD GENETICS, INC. *MYGN* 62855J104 09/24/04 3,626 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------- 2 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 11/15/04 - A LANCASTER COLONY CORP. *LANC* 513847103 09/17/04 3,640 1 Elect Directors For For Mgmt 11/15/04 - S MERCURY COMPUTER SYSTEMS, INC. *MRCY* 589378108 09/17/04 2,717 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Increase Authorized Common Stock For For Mgmt 11/16/04 - A DEVRY INC. *DV* 251893103 09/17/04 7,839 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/16/04 - A ETHAN ALLEN INTERIORS INC. *ETH* 297602104 09/17/04 4,775 1 Elect Directors For For Mgmt 11/16/04 - A RESPIRONICS, INC. *RESP* 761230101 10/04/04 4,561 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/16/04 - S THE COOPER COMPANIES, INC. *COO* 216648402 10/04/04 3,854 1 Approve Merger Agreement For For Mgmt 11/17/04 - A MEDICIS PHARMACEUTICAL CORP. *MRX* 584690309 10/08/04 6,589 1 Elect Directors For For Mgmt 2 Approve Stock Option Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 3 Ratify Auditors For For Mgmt 11/18/04 - A RESMED, INC. *RMD* 761152107 09/23/04 4,039 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/19/04 - A DONALDSON CO., INC. *DCI* 257651109 09/28/04 8,973 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/19/04 - A MICROS SYSTEMS, INC. *MCRS* 594901100 10/06/04 2,212 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 11/22/04 - A ACCREDO HEALTH, INC. *ACDO* 00437V104 10/08/04 5,692 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 11/23/04 - A CBRL GROUP, INC. *CBRL* 12489V106 09/24/04 5,723 1 Elect Directors For Split Mgmt 1.1 Elect Director James D. Carreker --- For 1.2 Elect Director Robert V. Dale --- For 1.3 Elect Director Robert C. Hilton --- For 1.4 Elect Director Charles E. Jones, Jr. --- Withhold WITHHOLD votes from Jimmie D. White for standing as an affiliated outsider on the Audit and Compensation committees and from Martha M. Mitchell for standing as an affiliated outsider on the Nominating Committee. WITHHOLD votes from Charles E. Jones, Jr. for standing as an affiliated outsider on the nominating committee. 1.5 Elect Director B.F. (Jack) Lowery --- For 1.6 Elect Director Martha M. Mitchell --- Withhold 1.7 Elect Director Andrea M. Weiss --- For 1.8 Elect Director Jimmie D. White --- Withhold Mgmt Rec - Company Management Recommended Vote Page 12 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.9 Elect Director Michael A. Woodhouse --- For 2 Amend Omnibus Stock Plan For Against Mgmt initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 11/23/04 - A EDUCATION MANAGEMENT CORP. *EDMC* 28139T101 09/30/04 7,053 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 12/01/04 - A CACI INTERNATIONAL, INC. *CAI* 127190304 10/04/04 3,400 1 Elect Directors For Split Mgmt 1.1 Elect Director Herbert W. Anderson --- For 1.2 Elect Director Michael J. Bayer --- For 1.3 Elect Director Peter A. Derow --- For 1.4 Elect Director Richard L. Leatherwood --- For 1.5 Elect Director J. Phillip London --- For 1.6 Elect Director Barbara A. McNamara --- For 1.7 Elect Director Arthur L. Money --- For 1.8 Elect Director Warren R. Phillips --- For 1.9 Elect Director Charles P. Revoile --- Withhold WITHHOLD votes from Charles P. Revoile for standing as an affiliated outsider on the Compensation and Nominating committees. 1.10 Elect Director John M. Toups --- For 1.11 Elect Director Larry D. Welch --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 12/07/04 - A COPART, INC. *CPRT* 217204106 10/15/04 7,967 1 Elect Directors For Split Mgmt 1.1 Elect Director Willis J. Johnson --- For Mgmt Rec - Company Management Recommended Vote Page 13 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 1.2 Elect Director A. Jayson Adair --- For 1.3 Elect Director Harold Blumenstein --- For 1.4 Elect Director James Grosfeld --- For 1.5 Elect Director James E. Meeks --- For 1.6 Elect Director Steven D. Cohan --- Withhold WITHHOLD votes from Steven D. Cohan for standing as an affiliated outsider on the Audit Committee and for failure to establish majority independent board. 1.7 Elect Director Jonathan Vannini --- For 2 Ratify Auditors For For Mgmt 12/07/04 - A ENZON PHARMACEUTICALS, INC. *ENZN* 293904108 10/25/04 5,238 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 12/08/04 - A ALLIANCE GAMING CORP. *AGI* 01859P609 11/05/04 5,589 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 12/08/04 - A LTX CORPORATION *LTXX* 502392103 10/29/04 7,224 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 12/10/04 - A ALEXION PHARMACEUTICALS, INC. *ALXN* 015351109 10/27/04 3,235 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 01/04/05 - A MSC INDUSTRIAL DIRECT CO., INC. *MSM* 553530106 11/26/04 5,363 1 Elect Directors For For Mgmt 2 Amend Restricted Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 14 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 3 Amend Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Other Business For Against Mgmt Details of other business items not disclosed 01/10/05 - A ACTUANT CORP *ATU* 00508X203 11/17/04 2,833 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 01/11/05 - A WINNEBAGO INDUSTRIES, INC. *WGO* 974637100 11/02/04 3,963 1 Elect Directors For For Mgmt 01/14/05 - A THE NEIMAN MARCUS GROUP, INC. *NMG.A* 640204202 11/17/04 3,501 1 Ratify Auditors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 01/20/05 - A ADVO, INC. *AD* 007585102 11/26/04 3,883 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 01/20/05 - A SONIC CORP. *SONC* 835451105 11/30/04 7,491 1 Elect Directors For For Mgmt 2 Other Business For Against Mgmt Details of other business items not disclosed 01/26/05 - A FLORIDA ROCK INDUSTRIES, INC. *FRK* 341140101 12/06/04 4,710 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 01/27/05 - A THE SCOTTS MIRACLE-GRO CO. *SMG* 810186106 12/01/04 2,818 1 Elect Directors For For Mgmt 2 Approve Employee Stock Purchase Plan For For Mgmt 3 Approve Formation of Holding Company For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 15 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 01/28/05 - A HARBOR FLORIDA BANCSHARES, INC. *HARB* 411901101 12/03/04 2,784 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 01/31/05 - S LNR PROPERTY CORP. 501940100 12/15/04 2,496 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 02/01/05 - A OSHKOSH TRUCK CORP. *OSK* 688239201 12/08/04 4,305 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (200%). The company has not offered a specific purpose for the additional shares. 02/02/05 - A HEWITT ASSOCIATES, INC. *HEW* 42822Q100 12/06/04 5,307 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 02/02/05 - A RALCORP HOLDINGS, INC. *RAH* 751028101 11/26/04 3,748 1 Elect Directors For Split Mgmt 1.1 Elect Director Bill G. Armstrong --- For 1.2 Elect Director David R. Banks --- For 1.3 Elect Director Kevin J. Hunt --- For 1.4 Elect Director David W. Kemper --- Withhold WITHHOLD votes for standing as an affiliated outsider on the Audit, Compensation, and Nominating committees. 1.5 Elect Director David P. Skarie --- For 2 Amend Omnibus Stock Plan For For Mgmt 02/03/05 - A BEAZER HOMES USA, INC. 07556Q105 12/06/04 1,643 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 16 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 2 Increase Authorized Common Stock For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 02/03/05 - A VARIAN INC *VARI* 922206107 12/13/04 4,437 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the size of the requested authorization and the total level of potential dilution under all plans is above the allowable cap of 18%. 02/07/05 - A NBTY, INC. *NTY* 628782104 01/04/05 7,666 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 02/08/05 - A JACOBS ENGINEERING GROUP INC. *JEC* 469814107 01/03/05 7,088 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 02/08/05 - A SYBRON DENTAL SPECIALTIES, INC. *SYD* 871142105 12/17/04 4,933 1 Elect Directors For Withhold Mgmt 1.1 Elect Director Dennis Brown --- Withhold WITHHOLD votes from Dennis Brown for standing as an affiliated outsider on the Audit Committee and from Kenneth F. Yontz for standing as an affiliated outsider on the Compensation and Nominating committees. 1.2 Elect Director Kenneth F. Yontz --- Withhold 2 Approve Non-Employee Director Stock Option Plan For For Mgmt 3 Approve Stock Option Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 02/10/05 - A ATWOOD OCEANICS, INC. *ATW* 050095108 12/31/04 1,607 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 17 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 02/10/05 - A KRONOS INC. *KRON* 501052104 12/17/04 3,872 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 02/17/05 - A MATTHEWS INTERNATIONAL CORP. *MATW* 577128101 12/31/04 4,030 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 02/22/05 - A NORDSON CORP. *NDSN* 655663102 12/31/04 3,321 1 Elect Directors For For Mgmt 02/23/05 - A LEE ENTERPRISES, INC. *LEE* 523768109 01/03/05 4,660 1 Elect Directors For Split Mgmt 1.1 Elect Director Nancy S. Donovan --- For 1.2 Elect Director Herbert W. Moloney III --- Withhold Herbert W. Moloney III is an affiliated outsider on the audit and nominating committee. 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed 02/23/05 - A THE VALSPAR CORP. *VAL* 920355104 12/31/04 5,985 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Stock Option Plan For For Mgmt 3 Ratify Auditors For For Mgmt 02/24/05 - A F5 NETWORKS, INC. *FFIV* 315616102 12/17/04 3,741 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. Mgmt Rec - Company Management Recommended Vote Page 18 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 02/24/05 - S SELECT MEDICAL CORP. 816196109 01/21/05 12,856 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 02/24/05 - A VARIAN SEMICONDUCTOR EQUIPMENT ASSOCIATES, 922207105 12/29/04 4,644 INC. *VSEA* 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 5 Amend Omnibus Stock Plan For For Mgmt 6 Ratify Auditors For For Mgmt 03/01/05 - A ENGINEERED SUPPORT SYSTEMS, INC. *EASI* 292866100 01/14/05 3,319 1 Elect Directors For For Mgmt 2 Approve Stock Option Plan For For Mgmt 03/02/05 - A HELMERICH & PAYNE, INC. *HP* 423452101 01/10/05 5,813 1 Elect Directors For For Mgmt 03/02/05 - A MULTIMEDIA GAMES, INC. *MGAM* 625453105 01/13/05 3,536 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 03/07/05 - A PHOTON DYNAMICS, INC. *PHTNE* 719364101 01/24/05 2,129 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Approve Qualified Employee Stock Purchase Plan For For Mgmt 4 Approve Non-Employee Director Stock Option Plan For Against Mgmt The initiative cannot be supported due to the total number of shares to be authorized under the terms of this plan. Mgmt Rec - Company Management Recommended Vote Page 19 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 5 Ratify Auditors For For Mgmt 03/08/05 - A CABOT MICROELECTRONICS CORP. *CCMP* 12709P103 01/18/05 3,094 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 03/08/05 - A HOVNANIAN ENTERPRISES, INC. *HOV* 442487203 01/14/05 4,349 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 03/11/05 - S VARCO INTERNATIONAL, INC. 922122106 02/03/05 11,589 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 3 Other Business For Against Mgmt Details of other business items not disclosed 03/15/05 - A THE TORO COMPANY *TTC* 891092108 01/18/05 3,118 1 Increase Authorized Common Stock For For Mgmt 2 Approve Increase in Size of Board For For Mgmt 3 Elect Directors For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 6 Ratify Auditors For For Mgmt 7 Other Business For Against Mgmt Details of other business items not disclosed 03/16/05 - A OSI PHARMACEUTICALS, INC. *OSIP* 671040103 01/21/05 5,873 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert A. Ingram --- Withhold WITHHOLD votes from from Robert A. Ingram for sitting on more than six boards. Mgmt Rec - Company Management Recommended Vote Page 20 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------- 1.2 Elect Director Colin Goddard, Ph.D. --- For 1.3 Elect Director Michael G. Atieh --- For 1.4 Elect Director G. Morgan Browne --- For 1.5 Elect Director Daryl K. Granner, M.D. --- For 1.6 Elect Director Walter M Lovenberg, Ph.D. --- Withhold WITHHOLD voted from Walter M Lovenberg, Ph.D. for for standing as an affiliated outsider on the Audit and Compensation committees. 1.7 Elect Director Viren Mehta --- For 1.8 Elect Director Herbert Pinedo, M.D., Ph.D. --- For 1.9 Elect Director Sir Mark Richmond, Ph.D --- For 1.10 Elect Director John P. White --- Withhold WITHHOLD votes from John P. White for standing as an affiliated outsider on the Nominating Committee. 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 03/17/05 - A MARTEK BIOSCIENCES CORP. *MATK* 572901106 01/21/05 3,737 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 03/21/05 - A CLARCOR, INC. *CLC* 179895107 01/28/05 3,180 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 03/22/05 - A IDEX CORP. *IEX* 45167R104 02/17/05 5,860 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 03/22/05 - A THE COOPER COMPANIES, INC. *COO* 216648402 02/03/05 4,789 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 21 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 03/23/05 - A CREDENCE SYSTEMS CORP. *CMOS* 225302108 02/11/05 11,345 1 Elect Directors For For Mgmt 2 Approve Incentive Stock Option Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 03/28/05 - S LIFEPOINT HOSPITALS, INC. *LPNT* 53219L109 02/18/05 4,247 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 03/29/05 - A FUELCELL ENERGY, INC. *FCEL* 35952H106 02/08/05 5,203 1 Elect Directors For Split Mgmt 1.1 Elect Director Warren D. Bagatelle --- For 1.2 Elect Director Michael Bode --- For 1.3 Elect Director Thomas R. Casten --- For 1.4 Elect Director James D. Gerson --- For 1.5 Elect Director Thomas L. Kempner --- Withhold WITHHOLD votes from Thomas L. Kempner for sitting on more than six boards. 1.6 Elect Director William A. Lawson --- For 1.7 Elect Director Jerry D. Leitman --- For 1.8 Elect Director Charles J. Murphy --- For 1.9 Elect Director George K. Petty --- For 1.10 Elect Director John A. Rolls --- For 04/07/05 - A COHERENT, INC. *COHR* 192479103 02/11/05 3,525 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/18/05 - A PARK NATIONAL CORP. *PRK* 700658107 02/22/05 1,368 1 Elect Directors For For Mgmt 2 Approve Stock Option Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 22 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 04/20/05 - A APRIA HEALTHCARE GROUP, INC. *AHG* 037933108 03/11/05 6,070 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/20/05 - A CARLISLE COMPANIES INC. *CSL* 142339100 02/25/05 3,713 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Omnibus Stock Plan For For Mgmt 04/20/05 - A FIRSTFED FINANCIAL CORP. *FED* 337907109 03/01/05 1,985 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/20/05 - A FLIR SYSTEMS, INC. *FLIR* 302445101 02/28/05 8,036 1 Elect Directors For Split Mgmt 1.1 Elect Director John C. Hart --- Withhold WITHHOLD votes for standing as an affiliated outsider on the Audit and Corporate Governance committees. 1.2 Elect Director Angus L. Macdonald --- For 2 Increase Authorized Common Stock For For Mgmt 04/20/05 - A THE RYLAND GROUP, INC. *RYL* 783764103 02/07/05 5,581 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (150%). The company has not offered a specific purpose for the additional shares. 4 Report on Greenhouse Gas Emissions Against Against ShrHoldr 04/21/05 - S COGNEX CORP. *CGNX* 192422103 03/04/05 4,659 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 23 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 04/21/05 - A CYTEC INDUSTRIES INC. *CYT* 232820100 02/23/05 4,301 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A M.D.C. HOLDINGS, INC. *MDC* 552676108 02/22/05 3,670 1 Elect Directors For For Mgmt 04/21/05 - A POLARIS INDUSTRIES, INC. *PII* 731068102 02/22/05 5,130 1 Elect Directors For For Mgmt 2 Approve Outside Director Stock Awards/Options in For For Mgmt Lieu of Cash 3 Amend Restricted Stock Plan For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed 04/21/05 - A SILICON LABORATORIES, INC. *SLAB* 826919102 02/21/05 4,661 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A SVB FINANCIAL GROUP *SIVB* 827064106 02/28/05 4,220 1 Elect Directors For Split Mgmt 1.1 Elect Director Eric A. Benhamou --- For 1.2 Elect Director David M. Clapper --- For 1.3 Elect Director Roger F. Dunbar --- For 1.4 Elect Director Joel P. Friedman --- For 1.5 Elect Director G. Felda Hardymon --- Withhold WITHHOLD votes from Larry W. Sonsini for standing as an affiliated outsider on the Nominating Committee. 1.6 Elect Director Alex W. 'Pete' Hart --- For 1.7 Elect Director C. Richard Kramlich --- Withhold C. Richard Kramlich is an affiliated outsider on the compensation committee. 1.8 Elect Director James R. Porter --- For 1.9 Elect Director Michaela K. Rodeno --- Withhold Michaela K. Rodeno is an affiliated outsider on the compensation committee. 1.10 Elect Director Larry W. Sonsini --- For Mgmt Rec - Company Management Recommended Vote Page 24 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------------------- 1.11 Elect Director Kenneth P. Wilcox --- For 2 Change Company Name For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Approve Stock Award to Executive For For Mgmt 5 Ratify Auditors For For Mgmt 04/21/05 - A TRACTOR SUPPLY CO. *TSCO* 892356106 03/01/05 4,192 1 Declassify the Board of Directors For For Mgmt 2 Amend Articles to Remove Directors Without Cause For For Mgmt 3 Elect Directors For For Mgmt 4 Ratify Auditors For For Mgmt 04/21/05 - A WEBSTER FINANCIAL CORP. *WBS* 947890109 02/25/05 6,396 1 Elect Directors For Split Mgmt 1.1 Elect Director George T. Carpenter --- Withhold WITHHOLD votes from George T. Carpenter for standing as an affiliated outsider on the compensation committee. 1.2 Elect Director John J. Crawford --- For 1.3 Elect Director C. Michael Jacobi --- Withhold WITHHOLD votes from C. Michael Jacobi for standing as an affiliated outsider on the Audit Committee. 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/22/05 - A GRACO INC. *GGG* 384109104 02/22/05 8,191 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/25/05 - A LONE STAR TECHNOLOGIES, INC. *LSS* 542312103 03/07/05 3,400 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 25 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------- 04/25/05 - A TEXAS REGIONAL BANKSHARES, INC. *TRBS* 882673106 02/28/05 5,399 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Approve Stock Option Plan For For Mgmt 4 Approve Stock Option Plan For For Mgmt 5 Ratify Auditors For For Mgmt 04/26/05 - A AMETEK, INC. *AME* 031100100 03/11/05 8,147 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A BANTA CORP. *BN* 066821109 03/04/05 3,005 1 Elect Directors For Split Mgmt 1.1 Elect Director Jameson A. Baxter --- For 1.2 Elect Director John F. Bergstrom --- For 1.3 Elect Director Henry T. Denero --- For 1.4 Elect Director David T. Gibbons --- For 1.5 Elect Director Paul C. Reyelts --- For 1.6 Elect Director Ray C. Richelsen --- For 1.7 Elect Director Stephanie A. Streeter --- For 1.8 Elect Director Michael J. Winkler --- Withhold WITHHOLD votes from Michael J. Winkler for standing as an affiliated outsider on the Nominating Committee. 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 04/26/05 - A BIO-RAD LABORATORIES, INC. *BIO* 090572207 02/25/05 1,945 1 Elect Directors For Split Mgmt 1.1 Elect Director Albert J. Hillman --- Withhold Class A shareholders WITHHOLD votes from Albert J. Hillman for standing as an affiliated outsider on the Audit and Compensation committees. 1.2 Elect Director Philip L. Padou --- For 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 26 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 04/26/05 - A ERESEARCH TECHNOLOGY, INC. *ERES* 29481V108 03/03/05 5,601 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/26/05 - A HARSCO CORP. *HSC* 415864107 03/03/05 4,908 1 Declassify the Board of Directors For For Mgmt 2 Elect Directors For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A R.H. DONNELLEY CORP. *RHD* 74955W307 03/04/05 3,726 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the size of the requested authorization, the total level of potential dilution under all plans is above the allowable cap of 15%, and other terms of the plan. 3 Ratify Auditors For For Mgmt 4 Submit Shareholder Rights Plan (Poison Pill) to Against For ShrHoldr Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 04/26/05 - A THE HOUSTON EXPLORATION CO. *THX* 442120101 03/10/05 3,336 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt 04/27/05 - A BORG-WARNER, INC. *BWA* 099724106 03/04/05 6,654 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/27/05 - A DOWNEY FINANCIAL CORP. *DSL* 261018105 02/25/05 2,424 1 Elect Directors For Split Mgmt Mgmt Rec - Company Management Recommended Vote Page 27 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director Gerald E. Finnell --- For 1.2 Elect Director Maurice L. Mcalister --- Withhold WITHHOLD votes from Maurice L. McAlister for standing as an insider on the Nominating Committee. 1.3 Elect Director Daniel D. Rosenthal --- For 2 Ratify Auditors For For Mgmt 04/27/05 - A ENERGEN CORP. *EGN* 29265N108 03/04/05 3,900 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 04/27/05 - A MILLIPORE CORP. *MIL* 601073109 03/04/05 5,894 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 04/27/05 - A PIPER JAFFRAY COS *PJC* 724078100 03/02/05 2,270 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/27/05 - A STERICYCLE, INC. *SRCL* 858912108 02/28/05 5,388 1 Elect Directors For Split Mgmt 1.1 Elect Director Jack W. Schuler --- Withhold WITHHOLD votes from Jack W. Schuler for standing as an insider on the Audit and Nominating committees. 1.2 Elect Director Mark C. Miller --- For 1.3 Elect Director Rod F. Dammeyer --- For 1.4 Elect Director Patrick F. Graham --- For 1.5 Elect Director Jonathan T. Lord, M.D. --- For 1.6 Elect Director John Patience --- For 1.7 Elect Director Thomas R. Reusche --- For 1.8 Elect Director Peter Vardy --- For 1.9 Elect Director L. John Wilkerson, Ph.D. --- For 2 Approve Stock Option Plan For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 28 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------------ 4 Report on Waste Incineration Against Against ShrHoldr 04/28/05 - A ANNTAYLOR STORES CORP. *ANN* 036115103 03/03/05 8,138 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/28/05 - A COVANCE INC. *CVD* 222816100 03/10/05 7,500 1 Elect Directors For For Mgmt 04/28/05 - A FIRST BANCORP(PUERTO RICO) *FBP* 318672102 03/14/05 4,451 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 04/28/05 - A FMC TECHNOLOGIES, INC. *FTI* 30249U101 02/28/05 7,532 1 Elect Directors For For Mgmt 04/28/05 - A MEDIA GENERAL, INC. *MEG* 584404107 03/04/05 2,477 1 Elect Directors For For Mgmt 04/28/05 - A PHILADELPHIA CONSOLIDATED HOLDING CORP. 717528103 03/30/05 2,062 *PHLY* 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 04/28/05 - A WESTAMERICA BANCORPORATION *WABC* 957090103 02/28/05 3,774 1 Elect Directors For For Mgmt 04/29/05 - A BANK OF HAWAII CORP *BOH* 062540109 02/28/05 6,200 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 29 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 3 Ratify Auditors For For Mgmt 04/29/05 - A CUMULUS MEDIA INC. *CMLS* 231082108 03/11/05 6,200 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt 04/29/05 - A PAN PACIFIC RETAIL PROPERTIES, INC. *PNP* 69806L104 02/24/05 4,800 1 Elect Directors For For Mgmt 2 Amend Articles of Incorporation Against For ShrHoldr The authorization and issuance of blank check preferred stock is not in shareholders' best interests. Intended or not, that blank check preferred stock can deter takeover attempts and that empirical evidence supports this. Blank check preferred stock poses a barrier to a potential favorable acquisition, thus penalizing shareholders by limiting their options. Such measures can entrench management and restrict the ability of shareholders to act, and as such, we recommend that the creation of such an authorization be subjected to shareholder approval. Furthermore, Mr. Armstrong's resolution is a non binding resolution and only asks that the board take the steps necessary to amend the articles of incorporation to provide that the authorized preferred stock be issued only in connection with increasing capital and making certain acquisitions, and does not state explicitly that the board should prohibit any issuance that may have a dilutive effect or serve as an anti-takeover device. As such, this proposal warrants shareholder approval. 04/29/05 - A TELEFLEX INC. *TFX* 879369106 03/01/05 4,329 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/02/05 - A TOOTSIE ROLL INDUSTRIES, INC. *TR* 890516107 03/11/05 2,617 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A COX RADIO, INC. *CXR* 224051102 03/07/05 4,569 1 Elect Directors For Split Mgmt 1.1 Elect Director Juanita P. Baranco --- For Mgmt Rec - Company Management Recommended Vote Page 30 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- For 1.2 Elect Director G. Dennis Berry --- For 1.3 Elect Director Richard A. Ferguson --- For 1.4 Elect Director Paul M. Hughes --- For 1.5 Elect Director James C. Kennedy --- For 1.6 Elect Director Marc W. Morgan --- For 1.7 Elect Director Robert F. Neil --- For 1.8 Elect Director Nicholas D. Trigony --- Withhold WITHHOLD votes from Nicholas D. Trigony for standing as an affiliated outsider on the audit committee and the compensation committee. 2 Amend Omnibus Stock Plan For For Mgmt 05/03/05 - A HILB ROGAL & HOBBS CO *HRH* 431294107 03/15/05 3,711 1 Elect Directors For Split Mgmt 1.1 Elect Director Theodore L. Chandler Jr --- For 1.2 Elect Director Norwood H. Davis, Jr. --- Withhold Norwood H. Davis, Jr. is an affiliated outsider on the compensation and nominating committees. 1.3 Elect Director Timothy J. Korman --- For 1.4 Elect Director Thomas H. O'Brien --- For 1.5 Elect Director Warren M. Thompson --- For 2 Ratify Auditors For For Mgmt 05/03/05 - A HNI CORP *HNI* 404251100 03/04/05 5,560 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 05/03/05 - A ITT EDUCATIONAL SERVICES, INC. *ESI* 45068B109 03/04/05 5,461 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 05/03/05 - A O'REILLY AUTOMOTIVE, INC. *ORLY* 686091109 02/25/05 6,544 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 31 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Non-Employee Director Omnibus Stock For For Mgmt Plan 5 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (178%). The company has not offered a specific purpose for the additional shares. 05/03/05 - A PAPA JOHN *PZZA* 698813102 03/23/05 1,311 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Ratify Auditors For For Mgmt 05/03/05 - A REEBOK INTERNATIONAL LTD. *RBK* 758110100 02/22/05 5,872 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A STRAYER EDUCATION, INC. *STRA* 863236105 03/14/05 1,663 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/03/05 - A UNITED STATES CELLULAR CORP. *USM* 911684108 03/24/05 1,736 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/03/05 - A YOUNG BROADCASTING INC. *YBTVA* 987434107 03/28/05 2,075 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/04/05 - A APTARGROUP, INC. *ATR* 038336103 03/10/05 4,056 1 Elect Directors For For Mgmt 05/04/05 - S BLACK BOX CORP. *BBOX* 091826107 03/28/05 1,958 1 Amend Stock Option Plan For Against Mgmt Mgmt Rec - Company Management Recommended Vote Page 32 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 05/04/05 - A FEDERAL REALTY INVESTMENT TRUST *FRT* 313747206 03/16/05 6,261 1 Elect Directors For Split Mgmt 1.1 Elect Director Mark S. Ordan --- Withhold Mark S. Ordan is an affiliated outsider on the compensation and nominating commmittees. 1.2 Elect Director Donald C. Wood --- For 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/04/05 - A IMATION CORP. *IMN* 45245A107 03/11/05 4,210 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 05/04/05 - A MCDERMOTT INTERNATIONAL, INC. 580037109 03/28/05 6,600 MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For For Mgmt 2 RATIFICATION OF RETENTION OF For For Mgmt PRICEWATERHOUSECOOPERS LLP AS MCDERMOTT S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2005. 05/04/05 - A UNIT CORPORATION *UNT* 909218109 03/07/05 4,606 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A AMERICAN MEDICAL SYSTEMS HOLDINGS, 02744M108 03/23/05 3,500 INC. *AMMD* 1 Elect Directors For Split Mgmt 1.1 Elect Director Martin J. Emerson --- For 1.2 Elect Director Richard B. Emmitt --- For 1.3 Elect Director Christopher H. Porter, Ph.D. --- Withhold WITHHOLD votes from Christopher H. Porter, Ph.D. for Mgmt Rec - Company Management Recommended Vote Page 33 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- for standing as an affiliated outsider on the Nominating Committee. 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/05/05 - A CHURCH & DWIGHT CO., INC. *CHD* 171340102 03/11/05 7,354 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Approve Qualified Employee Stock Purchase For For Mgmt Plan 4 Ratify Auditors For For Mgmt 05/05/05 - A FILENET CORP. *FILE* 316869106 03/14/05 4,653 1 Elect Directors For Split Mgmt 1.1 Elect Director L. George Klaus --- For 1.2 Elect Director Lee. D. Roberts --- For 1.3 Elect Director John C. Savage --- For 1.4 Elect Director Roger S. Siboni --- For 1.5 Elect Director Theodore J. Smith --- Withhold WITHHOLD votes from Theodore J. Smith for standing as an affiliated outsider on the Nominating Committee. 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 05/05/05 - A GUITAR CENTER, INC. *GTRC* 402040109 03/11/05 2,959 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/05/05 - A LINENS 'N' THINGS, INC *LIN* 535679104 03/07/05 5,387 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 34 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 05/05/05 - A REDWOOD TRUST, INC. *RWT* 758075402 03/31/05 2,592 1 Elect Directors For For Mgmt 05/06/05 - A HUDSON HIGHLAND GROUP, INC. *HHGP* 443792106 03/16/05 2,496 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/06/05 - A LITTELFUSE, INC. *LFUS* 537008104 03/18/05 2,599 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The plan permits repricing. 4 Approve Outside Director Stock For For Mgmt Awards/Options in Lieu of Cash 05/06/05 - A P.F. CHANG *PFCB* 69333Y108 03/14/05 2,911 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/06/05 - A PEDIATRIX MEDICAL GROUP, INC. *PDX* 705324101 03/15/05 2,826 1 Elect Directors For Split Mgmt 1.1 Elect Director Cesar L. Alvarez --- For 1.2 Elect Director Waldemar A. Carlo, M.D. --- For 1.3 Elect Director Michael B. Fernandez --- For 1.4 Elect Director Roger K. Freeman, M.D. --- For 1.5 Elect Director Paul G. Gabos --- For 1.6 Elect Director Roger J. Medel M.D. --- For 1.7 Elect Director Lawrence M. Mullen --- Withhold Lawrence M. Mullen is an affiliated outsider on the Audit comittee. 1.8 Elect Director Enrique J. Sosa, Ph. D. --- For Mgmt Rec - Company Management Recommended Vote Page 35 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- 05/06/05 - A WESTERN GAS RESOURCES, INC. *WGR* 958259103 03/15/05 6,968 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/09/05 - A CATHAY GENERAL BANCORP *CATY* 149150104 03/17/05 5,083 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/09/05 - A CBL & ASSOCIATES PROPERTIES, INC. 124830100 03/14/05 3,470 *CBL* 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles B. Lebovitz --- For 1.2 Elect Director Claude M. Ballard --- For 1.3 Elect Director Gary L. Bryenton --- Withhold WITHHOLD votes from Gary L. Bryenton for standing as an affiliated outsider on the Audit and Nominating Committees. 1.4 Elect Director Leo Fields --- For 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt 05/09/05 - A CHARLES RIVER LABORATORIES 159864107 03/11/05 7,210 INTERNATIONAL, INC. *CRL* 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/09/05 - A STANCORP FINANCIAL GROUP, INC. *SFG* 852891100 03/04/05 3,406 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A CAL DIVE INTERNATIONAL, INC. *CDIS* 127914109 03/23/05 4,000 1 Elect Directors For For Mgmt 2 Amend Articles For For Mgmt 3 Amend Articles For For Mgmt 4 Approve Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 36 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- 05/10/05 - A CLEVELAND-CLIFFS INC. *CLF* 185896107 03/14/05 2,579 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A CORRECTIONS CORPORATION OF AMERICA 22025Y407 03/28/05 3,600 *CXW* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A ESSEX PROPERTY TRUST, INC. *ESS* 297178105 02/28/05 2,496 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A IMAGISTICS INTERNATIONAL INC *IGI* 45247T104 03/14/05 2,022 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A MGI PHARMA, INC. *MOGN* 552880106 03/14/05 8,514 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A NATIONAL INSTRUMENTS CORP. *NATI* 636518102 03/14/05 6,145 1 Elect Directors For For Mgmt 2 Approve Restricted Stock Plan For For Mgmt 05/10/05 - A OCEANEERING INTERNATIONAL, INC. *OII* 675232102 03/21/05 2,980 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/10/05 - A SCP POOL CORP. *POOL* 784028102 03/14/05 6,274 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A STANDARD PACIFIC CORP. *SPF* 85375C101 03/11/05 3,600 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 37 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- 05/10/05 - A TASER INTERNATIONAL INC. *TASR* 87651B104 03/15/05 6,600 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A UNITED DEFENSE INDS INC 91018B104 03/21/05 5,804 1 Approve Merger Agreement For For Mgmt 2 Elect Directors For Split Mgmt 2.1 Elect Directors Frank C. Carlucci --- For 2.2 Elect Directors Peter J. Clare --- Withhold Peter J. Clare is an affiliated outsider on the audit committee. 2.3 Elect Directors William E. Conway, Jr. --- Withhold William E. Conway, Jr. is an affiliated outsider on the compensation and nominating committees. 2.4 Elect Directors C. Thomas Faulders, III --- For 2.5 Elect Directors Robert J. Natter --- For 2.6 Elect Directors J.H. Binford Peay, III --- For 2.7 Elect Directors Thomas W. Rabaut --- For 2.8 Elect Directors Francis Raborn --- For 2.9 Elect Directors John M. Shalikashvili --- For 3 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 05/11/05 - A AMERIGROUP CORP. *AGP* 03073T102 03/28/05 5,513 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. Mgmt Rec - Company Management Recommended Vote Page 38 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 05/11/05 - A BENCHMARK ELECTRONICS, INC. *BHE* 08160H101 03/31/05 4,297 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - A DENBURY RESOURCES INC. *DNR* 247916208 03/31/05 6,100 1 Elect Directors For For Mgmt 2 Amend Nonqualified Employee Stock Purchase For For Mgmt Plan 05/11/05 - A MERITAGE HOMES CORP *MTH* 59001A102 03/31/05 2,400 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - A NETFLIX. INC *NFLX* 64110L106 03/15/05 3,176 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - S PATINA OIL & GAS CORP. 703224105 03/31/05 7,373 1 Approve Merger Agreement For For Mgmt 05/11/05 - A SUNRISE SENIOR LIVING INC. *SRZ* 86768K106 03/15/05 2,151 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 05/11/05 - A UNITED STATIONERS INC. *USTR* 913004107 03/18/05 4,023 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 05/12/05 - A APPLEBEE'S INTERNATIONAL, INC. *APPB* 037899101 03/18/05 9,952 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Report on Feasibility of Improving Animal Against Against ShrHoldr Welfare Standards Mgmt Rec - Company Management Recommended Vote Page 39 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 05/12/05 - A EDWARDS LIFESCIENCES CORPORATION *EW* 28176E108 03/18/05 7,201 1 Elect Directors For Split Mgmt 1.1 Elect Director John T. Cardis --- Withhold John T. Cardis is an affiliated outsider on the audit committee. 1.2 Elect Director Philip M. Neal --- For 1.3 Elect Director David E.I. Pyott --- For 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/12/05 - A HCC INSURANCE HOLDINGS, INC. *HCC* 404132102 04/04/05 7,600 1 Elect Directors For For Mgmt 05/12/05 - A INTERGRAPH CORP. *INGR* 458683109 03/15/05 4,300 1 Elect Directors For For Mgmt 2 Approve Qualified Employee Stock Purchase For For Mgmt Plan 3 Ratify Auditors For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed 05/12/05 - A LANDSTAR SYSTEM, INC. *LSTR* 515098101 03/18/05 7,218 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 05/12/05 - A MACDERMID, INC. *MRD* 554273102 03/14/05 2,965 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed Mgmt Rec - Company Management Recommended Vote Page 40 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- 05/12/05 - A NPS PHARMACEUTICALS, INC. *NPSP* 62936P103 03/30/05 4,546 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/12/05 - A WABASH NATIONAL CORP. *WNC* 929566107 04/01/05 3,430 1 Elect Directors For For Mgmt 05/13/05 - A TEKELEC *TKLC* 879101103 03/24/05 6,945 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert V. Adams --- For 1.2 Elect Director Jean-Claude Asscher --- For 1.3 Elect Director Daniel L. Brenner --- For 1.4 Elect Director Mark A. Floyd --- For 1.5 Elect Director Martin A. Kaplan --- Withhold WITHHOLD votes from Martin A. Kaplan for standing as an affiliated outsider on the Compensation and Nominating committees. 1.6 Elect Director Frederick M. Lax --- For 1.7 Elect Director Jon F. Rager --- For 2 Approve Qualified Employee Stock Purchase For For Mgmt Plan 3 Ratify Auditors For For Mgmt 05/16/05 - A CENTERPOINT PROPERTIES TRUST *CNT* 151895109 03/10/05 5,774 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/16/05 - A CHEMED CORP. *CHE* 16359R103 03/31/05 1,338 1 Elect Directors For Split Mgmt 1.1 Elect Director Edward L. Hutton --- For 1.2 Elect Director Kevin J. McNamara --- For 1.3 Elect Director Donald Breen, Jr. --- For 1.4 Elect Director Charles H. Erhart, Jr. --- For 1.5 Elect Director Joel F. Gemunder --- Mgmt Rec - Company Management Recommended Vote Page 41 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- Withhold Joel F. Gemunder is an affiliated outsider on the nominating comittee. 1.6 Elect Director Patrick P. Grace --- For 1.7 Elect Director Thomas C. Hutton --- For 1.8 Elect Director Walter L. Krebs --- For 1.9 Elect Director Sandra E. Laney --- For 1.10 Elect Director Timothy S. O'Toole --- For 1.11 Elect Director Donald E. Saunders --- For 1.12 Elect Director George J. Walsh III --- For 1.13 Elect Director Frank E. Wood --- For 2 Ratify Auditors For For Mgmt 05/16/05 - A PRIORITY HEALTHCARE CORP. *PHCC* 74264T102 03/14/05 4,387 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A GEORGIA GULF CORP. *GGC* 373200203 03/28/05 3,700 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A NEW CENTURY FINANCIAL CORP. *NEW* 6435EV108 03/15/05 5,701 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 05/17/05 - A TUESDAY MORNING CORP. *TUES* 899035505 03/21/05 3,160 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A ADTRAN, INC. *ADTN* 00738A106 03/21/05 5,125 1 Elect Directors For Split Mgmt 1.1 Elect Director Mark C. Smith --- For Mgmt Rec - Company Management Recommended Vote Page 42 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 1.2 Elect Director Howard A. Thrailkill --- For 1.3 Elect Director Richard A. Anderson --- For 1.4 Elect Director W. Frank Blount --- Withhold WITHHOLD votes from W. Frank Blount for standing as an affiliated outsider on the Audit, Compensation, and Nominating committees. 1.5 Elect Director H. Fenwick Huss --- For 1.6 Elect Director William L. Marks --- For 1.7 Elect Director Roy J. Nichols --- For 2 Ratify Auditors For For Mgmt 3 Amend Non-Employee Director Stock Option For Against Mgmt Plan The plan contains a history of repricing. 05/18/05 - A CULLEN/FROST BANKERS, INC. *CFR* 229899109 04/08/05 5,733 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 05/18/05 - A FTI CONSULTING, INC. *FCN* 302941109 03/16/05 5,085 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/18/05 - A IDEXX LABORATORIES, INC. *IDXX* 45168D104 03/22/05 4,148 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A PACIFIC SUNWEAR OF CALIFORNIA, INC. 694873100 04/04/05 8,549 *PSUN* 1 Elect Directors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 43 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 05/18/05 - A PERFORMANCE FOOD GROUP CO. *PFGC* 713755106 03/21/05 5,537 1 Elect Directors For For Mgmt 05/18/05 - A PHARMACEUTICAL PRODUCT DEVELOPMENT, 717124101 03/21/05 6,030 INC. *PPDI* 1 Elect Directors For For Mgmt 2 Other Business For Against Mgmt Details of other business items not disclosed 05/18/05 - A RANGE RESOURCES CORPORATION *RRC* 75281A109 04/01/05 8,300 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For Against Mgmt The size of the increase (150%) requested falls within guidelines. 3 Amend Director & Officer For For Mgmt Indemnification/Liability Provisions 4 Approve Omnibus Stock Plan For For Mgmt 5 Amend Omnibus Stock Plan For For Mgmt 6 Ratify Auditors For For Mgmt 05/18/05 - A RENT-A-CENTER, INC. *RCII* 76009N100 03/25/05 7,579 1 Elect Directors For Split Mgmt 1.1 Elect Director Mark E. Speese --- For 1.2 Elect Director Richard K. Armey --- Withhold Richard K. Armey is an affiliated outsider on the audit and compensation committees. 1.3 Elect Director Laurence M. Berg --- For 05/18/05 - A TAUBMAN CENTERS, INC. *TCO* 876664103 03/23/05 5,200 1 Elect Directors For For Mgmt 2 Approve Restricted Stock Plan For For Mgmt 3 Approve Outside Director Stock For For Mgmt Awards/Options in Lieu of Cash 4 Ratify Auditors For For Mgmt 05/18/05 - A THE MCCLATCHY COMPANY *MNI* 579489105 03/21/05 2,397 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 44 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 3 Approve Director & Officer For For Mgmt Indemnification/Liability Provisions 4 Ratify Auditors For For Mgmt 05/19/05 - A ALEXANDRIA REAL ESTATE EQUITIES, INC. 015271109 03/31/05 2,114 *ARE* 1 Elect Directors For Split Mgmt 1.1 Elect Director Jerry M. Sudarsky --- Withhold WITHHOLD votes from Jerry M. Sudarsky for standing as an affiliated outsider on the Audit and Nominating committees. 1.2 Elect Director Joel S. Marcus --- For 1.3 Elect Director James H. Richardson --- For 1.4 Elect Director Richard B. Jennings --- For 1.5 Elect Director Richard H. Klein --- For 1.6 Elect Director Alan G. Walton --- For 1.7 Elect Director Richmond A. Wolf --- For 2 Ratify Auditors For For Mgmt 05/19/05 - A CEC ENTERTAINMENT, INC. *CEC* 125137109 03/24/05 4,040 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 05/19/05 - A CURTISS-WRIGHT CORP. *CW* 231561408 04/01/05 936 1 Elect Directors For Split Mgmt 1.1 Elect Director Martin R. Benante --- For 1.2 Elect Director James B. Busey IV --- For 1.3 Elect Director David Lasky --- For 1.4 Elect Director Carl G. Miller --- Withhold Carl G. Miller is an affiliated outsider on the audit committee. 1.5 Elect Director William B. Mitchell --- For 1.6 Elect Director John R. Myers --- For 1.7 Elect Director William W. Sihler --- For 1.8 Elect Director J. McLain Stewart --- For 2 Eliminate Class of Common Stock For For Mgmt 3 Increase Authorized Common Stock For Against Mgmt Mgmt Rec - Company Management Recommended Vote Page 45 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- The number of additional authorized common shares sought in this proposal exceeds guidelines (122%). The company has not offered a specific purpose for the additional shares. 4 Approve Omnibus Stock Plan For For Mgmt 5 Approve Non-Employee Director Omnibus Stock For Against Mgmt Plan The exercise price is less than FMV. 6 Ratify Auditors For For Mgmt 05/19/05 - S CYBERONICS, INC. *CYBX* 23251P102 04/11/05 2,419 1 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 05/19/05 - A CYMER, INC. *CYMI* 232572107 03/31/05 4,091 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles J. Abbe --- For 1.2 Elect Director Robert P. Akins --- For 1.3 Elect Director Edward H. Braun --- For 1.4 Elect Director Michael R. Gaulke --- For 1.5 Elect Director William G. Oldham --- For 1.6 Elect Director Peter J. Simone --- Withhold WITHHOLD votes from Peter J. Simone for standing as an affiliated outsider on the Audit and Nominating committees. 1.7 Elect Director Young K. Sohn --- For 1.8 Elect Director Jon D. Tompkins --- For 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 05/19/05 - A DELTA AIR LINES, INC. *DAL* 247361108 03/25/05 13,596 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Adopt Policy to Prohibit Discrimination Against Against ShrHoldr based on Sexual Orientation Mgmt Rec - Company Management Recommended Vote Page 46 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 5 Limit Executive Compensation Against Against ShrHoldr 6 Company-Specific--Compensation-Related Against Against ShrHoldr 7 Company-Specific--Compensation-Related Against Against ShrHoldr 8 Provide for Cumulative Voting Against Against ShrHoldr 9 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/19/05 - A GEN-PROBE, INC. *GPRO* 36866T103 03/23/05 5,477 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A HUGHES SUPPLY, INC. *HUG* 444482103 03/25/05 7,312 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Other Business For Against Mgmt Details of other business items not disclosed 05/19/05 - A RAYONIER INC. *RYN* 754907103 03/21/05 5,916 1 Elect Directors For Split Mgmt 1.1 Elect Director James H. Hance, Jr. --- Withhold James H. Hance, Jr. is an affiliated outsider on the audit committee. 1.2 Elect Director Paul G. Kirk, Jr. --- For 1.3 Elect Director Carl S. Sloane --- For 1.4 Elect Director Richard D. Kincaid --- For 05/19/05 - A SL GREEN REALTY CORP. *SLG* 78440X101 03/30/05 4,500 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 05/19/05 - A STEEL DYNAMICS, INC. *STLD* 858119100 03/21/05 5,600 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A THE TIMBERLAND CO. *TBL* 887100105 03/24/05 2,380 1 Fix Number of and Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 47 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- 1 Elect Directors For For Mgmt 05/19/05 - A TRIMBLE NAVIGATION LTD. *TRMB* 896239100 03/21/05 6,251 1 Elect Directors For Split Mgmt 1.1 Elect Director Steven W. Berglund --- For 1.2 Elect Director Robert S. Cooper --- For 1.3 Elect Director John B. Goodrich --- Withhold WITHHOLD votes from Bradford W. Parkinson for standing as an affiliated outsider on the Audit Committee, and from John B. Goodrich for standing as an affiliated outsider on Compensation and Nominating committees. 1.4 Elect Director William Hart --- For 1.5 Elect Director Ulf J. Johansson --- For 1.6 Elect Director Bradford W. Parkinson --- Withhold 1.7 Elect Director Nickolas W. Vande Steeg --- For 2 Amend Stock Option Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A UCBH HOLDINGS, INC. *UCBH* 90262T308 03/31/05 4,993 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A YELLOW ROADWAY CORP. *YELL* 985577105 03/31/05 5,000 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/20/05 - A INTUITIVE SURGICAL INC *ISRG* 46120E602 04/04/05 3,700 1 Elect Directors For For Mgmt 05/20/05 - A THE COMMERCE GROUP, INC. *CGI* 200641108 03/24/05 3,300 1 Fix Number of and Elect Directors For For Mgmt 1 Elect Directors For For Mgmt 05/20/05 - A VICURON PHAMACEUTICALS, INC. *MICU* 926471103 04/07/05 6,682 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 48 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/23/05 - A DADE BEHRING HLDGS INC *DADE* 23342J206 03/31/05 4,781 1 Elect Directors For For Mgmt 2 Increase Authorized Preferred and Common For For Mgmt Stock 05/23/05 - A JEFFERIES GROUP, INC *JEF* 472319102 04/04/05 5,444 1 Elect Directors For For Mgmt 05/24/05 - A AKAMAI TECHNOLOGIES, INC. *AKAM* 00971T101 03/31/05 13,130 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A ARBITRON, INC. *ARB* 03875Q108 04/01/05 3,395 1 Elect Directors For For Mgmt 05/24/05 - A ASK JEEVES, INC. 045174109 04/07/05 6,374 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A ATMI, INC. *ATMI* 00207R101 04/11/05 3,528 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A CHENIERE ENERGY, INC. *LNG* 16411R208 03/28/05 2,700 1 Elect Directors For Split Mgmt 1.1 Elect Director Charif Souki --- For 1.2 Elect Director Keith F. Carney --- Withhold WITHHOLD votes from Keith F. Carney for standing as an affiliated outsider on the Audit and Compensation committees. 1.3 Elect Director Walter L. Williams --- For 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed Mgmt Rec - Company Management Recommended Vote Page 49 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 05/24/05 - A DELPHI FINANCIAL GROUP, INC. *DFG* 247131105 03/31/05 3,000 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (275%). The company has not offered a specific purpose for the additional shares. 3 Increase Authorized Preferred Stock For Against Mgmt In this case, management has not specifically stated that the shares may not be used for antitakeover purposes. When a company fails to provide a specific financing purpose for the shares, the possibility that they will be used for management entrenchment purposes outweighs any potential benefits that they would bring. 4 Other Business For Against Mgmt Details of other business items not disclosed 05/24/05 - A IDX SYSTEMS CORP. *IDXC* 449491109 03/24/05 2,330 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 05/24/05 - A MACROVISION CORP. *MVSN* 555904101 03/31/05 5,488 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the size of the requested authorization, the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Non-Employee Director Stock Option For Against Mgmt Plan The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 5 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 50 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 05/24/05 - A NOVEN PHARMACEUTICALS, INC. *NOVN* 670009109 03/28/05 2,793 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A PACKETEER, INC. *PKTR* 695210104 03/31/05 3,873 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 05/24/05 - A PAR PHARMACEUTICAL COS INC *PRX* 69888P106 04/06/05 3,791 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 05/24/05 - A SIERRA HEALTH SERVICES, INC. *SIE* 826322109 04/06/05 2,700 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A THE CHEESECAKE FACTORY, INC. *CAKE* 163072101 04/04/05 8,647 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 05/25/05 - A DIGITAL RIVER, INC. *DRIV* 25388B104 03/28/05 3,571 1 Elect Director Thomas F. Madison For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/25/05 - A EAST WEST BANCORP, INC. *EWBC* 27579R104 03/29/05 5,604 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 51 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- 3 Ratify Auditors For For Mgmt 05/25/05 - A FOSSIL, INC. *FOSL* 349882100 03/28/05 4,327 1 Elect Directors For For Mgmt 05/25/05 - A INVACARE CORP. *IVC* 461203101 03/31/05 3,301 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/25/05 - A MEDICINES COMPANY (THE) *MDCO* 584688105 04/08/05 4,935 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 05/25/05 - A MINERALS TECHNOLOGIES, INC. *MTX* 603158106 03/28/05 2,253 1 Elect Directors For Split Mgmt 1.1 Elect Director Paula H.J. Cholmondeley --- For 1.2 Elect Director Duane R. Dunham --- For 1.3 Elect Director Steven J. Golub --- Withhold WITHHOLD votes from Steven J. Golub for standing as an affiliated outsider on the Compensation Committee and Jean-Paul Valles for standing as an affiliated outsider on the Nominating Committee. 1.4 Elect Director Jean-Paul Valles --- Withhold 2 Ratify Auditors For For Mgmt 05/25/05 - A NEUROCRINE BIOSCIENCES, INC. *NBIX* 64125C109 04/01/05 4,042 1 Elect Director Gary A. Lyons For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/25/05 - A WASTE CONNECTIONS, INC. *WCN* 941053100 03/28/05 5,312 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 52 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 05/26/05 - A ADVANCED MEDICAL OPTICS, INC. *EYE* 00763M108 04/14/05 4,000 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - S ADVANCED MEDICAL OPTICS, INC. *EYE* 00763M108 04/20/05 4,000 1 Issue Shares in Connection with an For For Mgmt Acquisition 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 5 Amend Qualified Employee Stock Purchase Plan For For Mgmt 05/26/05 - A CV THERAPEUTICS INC. *CVTX* 126667104 03/31/05 3,509 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/26/05 - A GENERAL MARITIME CORP *GMR* Y2692M103 04/27/05 4,000 MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For For Mgmt 2 RATIFICATION OF APPOINTMENT OF INDEPENDENT For For Mgmt ACCOUNTANTS 3 RATIFICATION OF AMENDMENT TO AND For For Mgmt RESTATEMENT OF THE 2001 STOCK INCENTIVE PLAN TO INCREASE THE MAXIMUM NUMBER OF SHARES ISSUABLE UNDER THE PLAN. 05/26/05 - A TELIK, INC. *TELK* 87959M109 03/28/05 5,775 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - S VISX, INC. 92844S105 04/14/05 5,500 1 Approve Merger Agreement For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 53 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- 05/27/05 - A CERNER CORP. *CERN* 156782104 04/01/05 3,107 1 Elect Directors For Split Mgmt 1.1 Elect Director John C. Danforth --- Withhold WITHHOLD votes from all the other nominees. We recommend that shareholders WITHHOLD votes from John C. Danforth for standing as an affiliated outsider on the Compensation and Nominating committees. 1.2 Elect Director Neal L. Patterson --- For 1.3 Elect Director William D. Zollars --- For 2 Ratify Auditors For For Mgmt 05/31/05 - A EGL, INC. *EAGL* 268484102 04/20/05 3,800 1 Elect Directors For For Mgmt 06/01/05 - A AFFILIATED MANAGERS GROUP, INC. *AMG* 008252108 04/15/05 3,257 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/01/05 - A BARNES & NOBLE, INC. *BKS* 067774109 04/08/05 6,189 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/01/05 - A ONYX PHARMACEUTICALS, INC. *ONXX* 683399109 04/20/05 3,701 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/01/05 - A PENN NATIONAL GAMING, INC. *PENN* 707569109 04/08/05 6,900 1 Elect Directors For For Mgmt 06/02/05 - A INTERDIGITAL COMMUNICATIONS CORP. 45866A105 04/15/05 6,109 *IDCC* 1 Elect Directors For Split Mgmt 1.1 Elect Director Harry G. Campagna --- Withhold Mgmt Rec - Company Management Recommended Vote Page 54 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- WITHHOLD votes from Harry G. Campagna for standing as an affiliated outsider on the Compensation and Nominating Committees. 1.2 Elect Director Steven T. Clontz --- For 1.3 Elect Director Edward Kamins --- For 2 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 3 Ratify Auditors For For Mgmt 06/02/05 - A NEKTAR THERAPEUTICS *NKTR* 640268108 04/04/05 9,279 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/02/05 - A PANERA BREAD COMPANY *PNRA* 69840W108 04/06/05 3,217 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For Against Mgmt The plan permits repricing. 3 Ratify Auditors For For Mgmt 06/02/05 - A THE YANKEE CANDLE COMPANY, INC. *YCC* 984757104 04/07/05 5,501 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/03/05 - A FLOWERS FOODS, INC. *FLO* 343498101 04/15/05 4,500 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/03/05 - A POWER INTEGRATIONS, INC. *POWI* 739276103 04/12/05 3,477 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/06/05 - A ROPER INDUSTRIES, INC. *ROP* 776696106 04/15/05 4,653 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 55 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 2 Increase Authorized Common Stock For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 06/06/05 - A VCA ANTECH INC *WOOF* 918194101 05/06/05 9,100 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/07/05 - A OVERSEAS SHIPHOLDING GROUP, INC. 690368105 04/15/05 3,000 *OSG* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/07/05 - A STEIN MART, INC. *SMRT* 858375108 04/08/05 3,000 1 Elect Directors For Split Mgmt 1.1 Elect Director Alvin R. Carpenter --- For 1.2 Elect Director Linda McFarland Farthing --- For 1.3 Elect Director Michael D. Fisher --- For 1.4 Elect Director Mitchell W. Legler --- For 1.5 Elect Director Michael D. Rose --- For 1.6 Elect Director Richard L. Sisisky --- For 1.7 Elect Director Jay Stein --- For 1.8 Elect Director Martin E. Stein, Jr. --- Withhold Martin E. Stein, Jr. is an affiliated outsider on the compensation and nominating committees. 1.9 Elect Director J. Wayne Weaver --- For 1.10 Elect Director John H. Williams, Jr. --- For 1.11 Elect Director James H. Winston --- For 2 Approve Executive Incentive Bonus Plan For For Mgmt 06/07/05 - A TECH DATA CORP. *TECD* 878237106 04/11/05 6,500 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 06/07/05 - A WEBSENSE, INC. *WBSN* 947684106 04/11/05 2,600 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 56 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 06/08/05 - A PROTEIN DESIGN LABS, INC. *PDLI* 74369L103 04/25/05 11,387 1 Elect Directors For Split Mgmt 1.1 Elect Director Jon S. Saxe, Esq. --- Withhold WITHHOLD votes from Jon S. Saxe, Esq. for sitting on more than six boards. Jon S. Saxe, Esq. is an affiliated outsider on the compensation committee. 1.2 Elect Director L. Patrick Gage, Ph.D. --- For 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Change Company Name For For Mgmt 5 Ratify Auditors For For Mgmt 6 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 06/08/05 - A RENAL CARE GROUP, INC. *RCI* 759930100 04/15/05 7,480 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 06/09/05 - A JARDEN CORP. *JAH* 471109108 04/28/05 3,000 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the total level of potential dilution under all plans is above the allowable cap of 15%, and other terms of the plan. 3 Ratify Auditors For For Mgmt 4 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (200%). The company has not offered a specific purpose for the additional shares. 5 Approve Conversion of Securities For For Mgmt 6 Amend Articles/Bylaws/Charter-Non-Routine For Against Mgmt Discriminatory exceptions to a freezeout may put certain investors at an unfair advantage in any potential contest for control. If the company is truly Mgmt Rec - Company Management Recommended Vote Page 57 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- concerned with the charter's antitakeover provisions, it should remove the provision entirely. 06/13/05 - S EMMIS COMMUNICATIONS CORP. *EMMS* 291525103 05/25/05 5,584 1 Approve/Amend Conversion of Securities For For Mgmt 06/14/05 - A SCIENTIFIC GAMES CORPORATION *SGMS* 80874P109 05/19/05 7,245 1 Elect Directors For Split Mgmt 1.1 Elect Director A. Lorne Weil --- For 1.2 Elect Director Peter A. Cohen --- For 1.3 Elect Director Colin J. O'Brien --- For 1.4 Elect Director Ronald O. Perelman --- For 1.5 Elect Director Howard Gittis --- Withhold WITHHOLD vote from Howard Gittis for sitting on more than four public boards while serving as CEO of a publicly-traded company. 1.6 Elect Director Barry F. Schwartz --- For 1.7 Elect Director Eric M. Turner --- For 1.8 Elect Director Sir Brian G. Wolfson --- For 1.9 Elect Director Joseph R. Wright, Jr. --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 06/15/05 - A AEROPOSTALE, INC *ARO* 007865108 04/29/05 6,222 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/15/05 - A HOT TOPIC, INC. *HOTT* 441339108 04/21/05 5,106 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15/%. 3 Amend Non-Employee Director Stock Option For Against Mgmt Plan The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15/%. Mgmt Rec - Company Management Recommended Vote Page 58 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 4 Ratify Auditors For For Mgmt 06/15/05 - A SILICON IMAGE, INC. *SIMG* 82705T102 04/25/05 8,342 1 Elect Director Steve Tirado For For Mgmt 2 Ratify Auditors For For Mgmt 06/16/05 - A EMCOR GROUP, INC. *EME* 29084Q100 04/20/05 1,709 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Approve Outside Director Stock Awards in For For Mgmt Lieu of Cash 4 Ratify Auditors For For Mgmt 06/16/05 - A SEMTECH CORP. *SMTC* 816850101 04/22/05 8,305 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/16/05 - A TAKE-TWO INTERACTIVE SOFTWARE, INC. 874054109 05/09/05 7,443 *TTWO* 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 06/17/05 - A BIOSITE INC *BSTE* 090945106 04/22/05 1,771 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15% and the plan permits repricing. 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 06/17/05 - A CELL THERAPEUTICS, INC. *CTIC* 150934107 04/18/05 6,402 1 Elect Directors For Split Mgmt 1.1 Elect Director Dr. Max E. Link --- Withhold WITHHOLD votes from Dr. Max E. Link for sitting on more than six boards. 1.2 Elect Director Dr. James A. Bianco --- For 1.3 Elect Director Dr. Vartan Gregorian --- For 2 Amend Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 59 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 3 Ratify Auditors For For Mgmt 06/21/05 - A LAUREATE EDUCATION INC. *LAUR* 518613104 04/15/05 4,986 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/22/05 - A ARMOR HOLDINGS, INC. *AH* 042260109 04/28/05 3,400 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 06/23/05 - A AVOCENT CORPORATION *AVCT* 053893103 04/30/05 5,459 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 06/23/05 - A THE CHILDREN *PLCE* 168905107 04/29/05 1,548 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 06/27/05 - A SEACOR HOLDINGS, INC *CKH* 811904101 05/18/05 1,880 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles Fabrikant --- For 1.2 Elect Director Andrew R. Morse --- Withhold WITHHOLD votes from Andrew R. Morse for standing as an affiliated outsider on the Compensation and Nominating committees. 1.3 Elect Director Michael E. Gellert --- For 1.4 Elect Director Stephen Stamas --- For 1.5 Elect Director R.M. Fairbanks, III --- For 1.6 Elect Director Pierre De Demandolx --- For Mgmt Rec - Company Management Recommended Vote Page 60 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------- 1.7 Elect Director John C. Hadjipateras --- For 1.8 Elect Director Oivind Lorentzen --- For 1.9 Elect Director James A.F. Cowderoy --- For 1.10 Elect Director Steven J. Wisch --- For 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Issue Shares in Connection with an For For Mgmt Acquisition 06/29/05 - A COST PLUS, INC. *CPWM* 221485105 05/02/05 2,418 1 Elect Directors For Split Mgmt 1.1 Elect Director Joseph H. Coulombe --- For 1.2 Elect Director Barry J. Feld --- For 1.3 Elect Director Danny W. Gurr --- Withhold WITHHOLD votes from Danny W. Gurr for standing as an insider on the Nominating Committee. 1.4 Elect Director Kim D. Robbins --- For 1.5 Elect Director Fredric M. Roberts --- For 1.6 Elect Director Thomas D. Willardson --- For 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 3 Ratify Auditors For For Mgmt 06/29/05 - A UNITED THERAPEUTICS CORP. *UTHR* 91307C102 05/02/05 2,354 1 Elect Directors For Split Mgmt 1.1 Elect Director Raymond Dwek --- Withhold Raymond Dwek, F.R.S is an affiliated outsider on the nominating committee. 1.2 Elect Director Roger Jeffs --- For 1.3 Elect Director Christopher Patusky --- For 06/30/05 - A LIFEPOINT HOSPITALS, INC. *LPNT* 53219L109 05/16/05 5,447 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 61 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP GROWTH INDEX FUND - J922 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 06/30/05 - A NORTHWEST AIRLINES CORP. *NWAC* 667280101 05/02/05 8,656 1 Elect Directors For Split Mgmt 1.1 Elect Directors Roy J. Bostock --- For 1.2 Elect Directors John M. Engler --- For 1.3 Elect Directors Robert L. Friedman --- For 1.4 Elect Directors Doris Kearns Goodwin --- For 1.5 Elect Directors Dennis F. Hightower --- For 1.6 Elect Directors Jeffrey G. Katz --- For 1.7 Elect Directors Frederic V. Malek --- Withhold Frederic V. Malek is an affiliated outsider on the compensation committee. 1.8 Elect Directors V.A. Ravindran --- For 1.9 Elect Directors Douglas M. Steenland --- For 1.10 Elect Directors Leo M. van Wijk --- For 1.11 Elect Directors Gary L. Wilson --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. Mgmt Rec - Company Management Recommended Vote Page 62 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 07/09/04 - A STEWART & STEVENSON SERVICES, 860342104 05/24/04 5,560 INC. *SVC* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Non-Employee Director Stock Option Plan For For Mgmt 4 Amend Stock Option Plan For For Mgmt 5 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 07/12/04 - A SAVIENT PHARMACEUTICALS, INC *SVNT* 80517Q100 05/24/04 12,580 1 Elect Directors For Split Mgmt 1.1 Elect Director Christopher Clement --- For 1.2 Elect Director Herbert Conrad --- For 1.3 Elect Director Sim Fass --- For 1.4 Elect Director Jeremy Hayward-Surry --- For 1.5 Elect Director Stephen O. Jaeger --- For 1.6 Elect Director Carl E. Kaplan --- Withhold WITHHOLD votes from Carl E. Kaplan for standing as an affiliated outsider on the Compensation & Stock Option and Nominating/Corporate Governance committees. 1.7 Elect Director David Tendler --- For 1.8 Elect Director Virgil Thompson --- For 1.9 Elect Director Faye Wattleton --- For 1.10 Elect Director Herbert Weissbach --- For 2 Approve Omnibus Stock Plan For For Mgmt 07/15/04 - S BELDEN CDT INC *BDC* 126924109 05/24/04 9,103 1 Issue Shares in Connection with an Acquisition For For Mgmt 2 Increase Authorized Preferred and Common Stock For For Mgmt 3 Approve Reverse Stock Split For For Mgmt 4 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Mgmt Rec - Company Management Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 07/21/04 - A KEMET CORPORATION *KEM* 488360108 06/02/04 15,661 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 07/21/04 - A MODINE MANUFACTURING CO. *MOD* 607828100 06/01/04 6,041 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 07/21/04 - A POWERWAVE TECHNOLOGIES, INC. *PWAV* 739363109 06/18/04 21,552 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 07/26/04 - S DUANE READE INC. 263578106 06/03/04 4,574 1 Approve Merger Agreement For Against Mgmt There are risks in not supporting the merger, such as the uncertainty of another bid, however, based on the low premium and conflict of interests, this proposal does not warrant support 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 07/27/04 - A ANCHOR BANCORP WISCONSIN, INC. *ABCWE* 032839102 06/04/04 4,292 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 07/27/04 - A RF MICRO DEVICES, INC. *RFMD* 749941100 06/04/04 35,916 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 07/28/04 - A AGILYSYS INC. *AGYS* 00847J105 06/17/04 5,788 1 Elect Directors For For Mgmt 2 Establish Range For Board Size For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 07/29/04 - A BALLY TOTAL FITNESS HOLDING 05873K108 06/18/04 6,042 CORP. *BFT* 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 3 Separate Chairman and CEO Positions Against Against ShrHoldr 4 Removal of the Stockholder Rights Plan Agreement Against For ShrHoldr Because poison pills greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 5 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 6 Other Business For Against Mgmt Details of other business items not disclosed 08/04/04 - A ACXIOM CORP. *ACXM* 005125109 06/16/04 16,533 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 08/06/04 - A THQ INC. *THQI* 872443403 06/18/04 7,355 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 08/10/04 - A LA-Z-BOY INC. *LZB* 505336107 06/23/04 10,497 1 Elect Directors For Split Mgmt 1.1 Elect Director David K. Hehl --- For 1.2 Elect Director Rocque E. Lipford --- Withhold WITHHOLD votes from Rocque E. Lipford for standing as an affiliated outsider on the Compensation and Nominating committees. 1.3 Elect Director Mel R. Martinez --- For 1.4 Elect Director Jack L. Thompson --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 08/16/04 - A STRATEX NETWORKS, INC. *STXN* 86279T109 06/18/04 12,943 1 Elect Directors For Split Mgmt 1.1 Elect Director Richard C. Alberding --- Withhold WITHHOLD votes from Richard C. Alberding for standing as an affiliated outsider on the Audit Committee. 1.2 Elect Director John W. Combs --- For 1.3 Elect Director William A. Hasler --- For 1.4 Elect Director Charles D. Kissner --- For 1.5 Elect Director James D. Meindl --- For 1.6 Elect Director V. Frank Mendicino --- For 1.7 Elect Director Edward F. Thompson --- For 2 Ratify Auditors For For Mgmt 08/19/04 - A MANUGISTICS GROUP, INC. *MANU* 565011103 06/04/04 12,613 1 Elect Directors For For Mgmt 2 Approve Employee Stock Purchase For For Mgmt Plan 3 Ratify Auditors For For Mgmt 08/19/04 - A PSS WORLD MEDICAL, INC. *PSSI* 69366A100 06/14/04 13,017 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director For For Mgmt Omnibus Stock Plan Mgmt Rec - Company Management Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 08/20/04 - S US ONCOLOGY. INC. 90338W103 07/16/04 17,239 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 3 Amend Stock Option Plan For For Mgmt 08/26/04 - A ADAPTEC, INC. *ADPT* 00651F108 06/28/04 21,381 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 08/26/04 - S OCA INC 68750P103 07/19/04 9,427 1 Change Company Name For For Mgmt 2 Require Majority of Independent Against For ShrHoldr Directors on Board This proposal sends an important message to management and is in shareholders' best interests. 08/26/04 - A WEBMETHODS, INC. *WEBM* 94768C108 07/01/04 10,247 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/02/04 - A QUANTUM CORP. *DSS* 747906204 07/06/04 31,005 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/09/04 - A OFFSHORE LOGISTICS, INC. *OLG* 676255102 07/12/04 4,255 1 Elect Directors For Split Mgmt 1.1 Elect Director Peter N. Buckley --- For 1.2 Elect Director Stephen J. Cannon --- For 1.3 Elect Director Jonathan H. Cartwright --- Withhold WITHHOLD votes from Jonathan H. Cartwright for standing as an affiliated outsider on the Audit and Mgmt Rec - Company Management Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- Nominating committees. 1.4 Elect Director William E. Chiles --- For 1.5 Elect Director David M. Johnson --- For 1.6 Elect Director Kenneth M. Jones --- For 1.7 Elect Director Pierre H. Jungels, CBE --- For 1.8 Elect Director Thomas C. Knudson --- For 1.9 Elect Director Ken C. Tamblyn --- For 1.10 Elect Director Robert W. Waldrup --- For 2 Approve Omnibus Stock Plan For For Mgmt 09/09/04 - S SAFEGUARD SCIENTIFICS, INC. *SFE* 786449108 07/06/04 22,521 1 Approve Merger Agreement For For Mgmt 09/10/04 - A JAKKS PACIFIC, INC. *JAKK* 47012E106 07/28/04 4,899 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 09/13/04 - A BOB EVANS FARMS, INC. *BOBE* 096761101 07/15/04 7,029 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/14/04 - A FLEETWOOD ENTERPRISES, INC. *FLE* 339099103 07/26/04 7,777 1 Elect Directors For For Mgmt 09/14/04 - A METHODE ELECTRONICS, INC. *METH* 591520200 07/26/04 7,025 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 09/17/04 - A CASEY'S GENERAL STORES, INC. *CASY* 147528103 07/28/04 9,192 1 Elect Directors For Split Mgmt 1.1 Elect Director Donald F. Lamberti --- For 1.2 Elect Director John R. Fitzgibbon --- Mgmt Rec - Company Management Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- Withhold WITHHOLD votes from Audit Committee members Jack P. Taylor, Patricia Clare Sullivan, and John R. Fitzgibbon for paying excessive non-audit fees. Non-audit fees are two-times greater than audit fees. 1.3 Elect Director Ronald M. Lamb --- For 1.4 Elect Director Patricia Clare Sullivan --- Withhold 1.5 Elect Director John G. Harmon --- For 1.6 Elect Director Kenneth H. Haynie --- For 1.7 Elect Director Jack P. Taylor --- Withhold 1.8 Elect Director William C. Kimball --- For 1.9 Elect Director Johnny Danos --- For 09/20/04 - S TOWER AUTOMOTIVE, INC. *TWRAQ* 891707101 08/19/04 9,691 1 Approve Conversion of Securities For For Mgmt 09/21/04 - A AGILE SOFTWARE CORP. *AGIL* 00846X105 07/30/04 8,656 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/28/04 - S FIRST NIAGARA FINANCIAL GROUP, 33582V108 08/05/04 15,664 INC. *FNFG* 1 Approve Merger Agreement For For Mgmt 2 Other Business For Against Mgmt Details of other business items not disclosed 09/30/04 - S COEUR D' ALENE MINES CORP. *CDE* 192108108 08/02/04 42,709 1 Approve Reorganization Plan For For Mgmt 2 Issue Shares of Common Stock For For Mgmt 3 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 09/30/04 - A VERITY, INC. *VRTY* 92343C106 08/11/04 7,368 1 Elect Directors For For Mgmt 2 Amend Employee Stock Purchase Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 3 Ratify Auditors For For Mgmt 09/30/04 - A WORTHINGTON INDUSTRIES INC. *WOR* 981811102 08/05/04 14,039 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 10/05/04 - A CASELLA WASTE SYSTEMS, INC. *CWST* 147448104 08/20/04 3,447 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 10/06/04 - S PRIME HOSPITALITY CORP. 741917108 09/10/04 8,378 1 Approve Merger Agreement For For Mgmt 10/08/04 - A RPM INTERNATIONAL INC. *RPM* 749685103 08/13/04 23,153 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Executive Incentive Bonus For For Mgmt Plan 10/12/04 - A C-COR INC *CCBL* 125010108 08/18/04 8,470 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15/%. 3 Ratify Auditors For For Mgmt 10/13/04 - A AAR CORP. *AIR* 000361105 08/16/04 6,123 1 Elect Directors For For Mgmt 10/19/04 - A TEXAS INDUSTRIES, INC. *TXI* 882491103 08/23/04 4,228 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Other Business For Against Mgmt Details of other business items not disclosed Mgmt Rec - Company Management Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 10/20/04 - A CONCURRENT COMPUTER CORP. *CCUR* 206710204 08/23/04 12,363 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The plan permits repricing. 10/20/04 - S IMC GLOBAL INC. 449669100 09/03/04 20,948 1 Approve Merger Agreement For For Mgmt 10/20/04 - A WINN-DIXIE STORES, INC. *WNDXQ* 974280109 08/20/04 16,600 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Submit Shareholder Rights Plan Against For ShrHoldr (Poison Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 10/21/04 - A NUI CORP. 629431107 09/07/04 3,371 1 Elect Directors For For Mgmt 2 Approve Merger Agreement For For Mgmt 3 Ratify Auditors For For Mgmt 10/21/04 - A UNIFI, INC. *UFI* 904677101 09/10/04 9,723 1 Elect Directors For Split Mgmt 1.1 Elect Director William J. Armfield, IV --- Withhold WITHHOLD votes from Donald F. Orr for standing as an affiliated outsider on the Audit and Compensation committees. WITHHOLD votes from William J. Armfield, IV for standing as an affiliated outsider on the Audit Committee and from J.B. Davis for standing as an affiliated outsider on the Nominating Committee. 1.2 Elect Director R. Wiley Bourne, Jr. --- For 1.3 Elect Director Charles R. Carter --- For 1.4 Elect Director Sue W. Cole --- For 1.5 Elect Director J.B. Davis --- Withhold 1.6 Elect Director Kenneth G. Langone --- For Mgmt Rec - Company Management Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 1.7 Elect Director Donald F. Orr --- Withhold 1.8 Elect Director Brian R. Parke --- For 10/25/04 - A CARPENTER TECHNOLOGY CORP. *CRS* 144285103 08/27/04 4,111 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 10/27/04 - A MCDATA CORPORATION *MCDT* 580031102 09/03/04 5,038 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 10/28/04 - A SOUTHERN UNION CO. *SUG* 844030106 09/08/04 11,407 1 Elect Directors For For Mgmt 10/29/04 - A PERRIGO CO. *PRGO* 714290103 09/01/04 12,245 1 Elect Directors For For Mgmt 2 Approve Increase in Size of For For Mgmt Board 11/01/04 - A TOMMY HILFIGER CORP. *TOM* G8915Z102 09/17/04 18,107 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/04/04 - A ANAREN INC. *ANEN* 032744104 09/10/04 4,049 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 11/05/04 - A ESS TECHNOLOGY, INC. *ESST* 269151106 10/01/04 6,590 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director For Against Mgmt Stock Option Plan The initiative cannot be supported due to the number of shares to be granted initially to each nonemployee director. 3 Approve Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 4 Ratify Auditors For For Mgmt 11/05/04 - A MATRIXONE, INC. *MONEE* 57685P304 09/10/04 9,482 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/10/04 - A AEROFLEX, INC. *ARXX* 007768104 10/01/04 15,815 1 Elect Directors For For Mgmt 11/10/04 - A SWS GROUP, INC. *SWS* 78503N107 09/23/04 2,860 1 Elect Directors For For Mgmt 2 Approve Deferred Compensation For For Mgmt Plan 11/17/04 - A THE DRESS BARN, INC. *DBRN* 261570105 10/04/04 4,320 1 Elect Directors For For Mgmt 11/18/04 - A WESTERN DIGITAL CORP. *WDC* 958102105 10/01/04 44,523 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 11/19/04 - A NETIQ CORPORATION *NTIQ* 64115P102 09/24/04 12,187 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/23/04 - A DYCOM INDUSTRIES, INC. *DY* 267475101 10/01/04 10,282 1 Elect Directors For For Mgmt 2 Approve Executive Incentive For For Mgmt Bonus Plan 11/30/04 - S MILLENNIUM CHEMICALS, INC. 599903101 10/14/04 13,970 1 Approve Merger Agreement For For Mgmt 12/01/04 - A EXTREME NETWORKS, INC. *EXTR* 30226D106 10/22/04 23,952 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 12/01/04 - A IMMUNOMEDICS, INC. *IMMU* 452907108 10/13/04 7,934 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ---------------------------------------------------------------------------------------------------------------- 2 Ratify Auditors For For Mgmt 12/02/04 - A THE HAIN CELESTIAL GROUP, INC. *HAIN* 405217100 10/29/04 6,010 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 12/08/04 - S MERISTAR HOSPITALITY CORPORATION *MHX* 58984Y103 08/11/04 15,852 1 Increase Authorized Common For For Mgmt Stock 12/08/04 - A SILICON GRAPHICS, INC. *SGI* 827056102 10/11/04 48,724 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 12/09/04 - A A. SCHULMAN, INC. *SHLM* 808194104 10/21/04 6,452 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 12/15/04 - S LONE STAR STEAKHOUSE & SALOON, 542307103 11/04/04 4,158 INC. *STAR* 1 Approve Stock Option Plan For Against Mgmt The initiative cannot be supported due to the size of the requested authorization, the total level of potential dilution under all plans is above the allowable cap of 15%. 12/15/04 - A MRV COMMUNICATIONS, INC. *MRVC* 553477100 10/29/04 21,989 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 12/16/04 - A PAREXEL INTERNATIONAL CORP. *PRXL* 699462107 10/18/04 5,322 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 12 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 12/20/04 - A SYCAMORE NETWORKS, INC. *SCMRE* 871206108 10/27/04 39,297 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 01/06/05 - A ACUITY BRANDS, INC. *AYI* 00508Y102 11/08/04 10,111 1 Elect Directors For Split Mgmt 1.1 Elect Director John L. Clendenin --- For 1.2 Elect Director Robert F. McCullough --- Withhold WITHHOLD votes from Robert F. McCullough for standing as an affiliated outsider on the Audit and Nominating committees 1.3 Elect Director Neil Williams --- For 2 Ratify Auditors For For Mgmt 01/19/05 - A WASHINGTON FEDERAL, INC. *WFSL* 938824109 11/26/04 20,482 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (200%). 3 Ratify Auditors For For Mgmt 01/24/05 - A THE SHAW GROUP INC. *SGR* 820280105 12/01/04 16,645 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed 01/24/05 - A VITESSE SEMICONDUCTOR CORP. *VTSS* 928497106 11/29/04 57,312 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 02/03/05 - A MICROMUSE INC. *MUSE* 595094103 12/10/04 20,524 1 Elect Directors For Split Mgmt 1.1 Elect Director Lloyd A. Carney --- For 1.2 Elect Director David C. Schwab --- Withhold WITHHOLD votes from independent outsider David Mgmt Rec - Company Management Recommended Vote Page 13 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- C. Schwab. We recommend that shareholders WITHHOLD votes from Audit Committee member David C. Schwab for paying excessive non-audit fees. 2 Ratify Auditors For Against Mgmt Non-audit fees are two-times greater than audit fees. 02/09/05 - A ATMOS ENERGY CORP. *ATO* 049560105 12/15/04 20,173 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 02/09/05 - A PLEXUS CORP. *PLXS* 729132100 12/10/04 11,648 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Approve Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 02/10/05 - A JACUZZI BRANDS, INC. *JJZ* 469865109 12/23/04 19,502 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 02/14/05 - A JACK IN THE BOX INC. *JBX* 466367109 12/23/04 9,115 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 02/16/05 - A ARVINMERITOR, INC. *ARM* 043353101 12/10/04 18,140 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 02/22/05 - S IONICS, INC. 462218108 01/03/05 4,526 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their Mgmt Rec - Company Management Recommended Vote Page 14 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 02/23/05 - A CONEXANT SYSTEMS, INC. *CNXT* 207142100 01/03/05 114,966 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 02/23/05 - A IKON OFFICE SOLUTIONS, INC. *IKN* 451713101 12/31/04 30,828 1 Elect Directors For For Mgmt 02/23/05 - A UGI CORP. *UGI* 902681105 12/10/04 13,243 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 02/23/05 - A WGL HOLDINGS, INC. *WGL* 92924F106 01/04/05 12,118 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 02/24/05 - A MINDSPEED TECHNOLOGIES, INC. *MSPD* 602682106 12/27/04 25,918 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 02/25/05 - A PEOPLES ENERGY CORP. *PGL* 711030106 12/31/04 9,375 1 Elect Directors For For Mgmt 2 Submit Shareholder Rights Plan (Poison None For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. Mgmt Rec - Company Management Recommended Vote Page 15 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 03/04/05 - A PIEDMONT NATURAL GAS CO., INC. *PNY* 720186105 01/12/05 17,968 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 03/08/05 - A MRO SOFTWARE, INC. *MROI* 55347W105 01/20/05 5,146 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 03/10/05 - A ADVANCED DIGITAL INFORMATION CORP. 007525108 01/12/05 15,656 *ADIC* 1 Elect Directors For For Mgmt 03/10/05 - A PARAMETRIC TECHNOLOGY CORP. *PMTC* 699173100 01/17/05 66,828 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Reverse Stock Split For Against Mgmt The reverse split would have the same effect as increasing the number of authorized shares by 150 percent which is above the allowable cap. 4 Ratify Auditors For For Mgmt 03/15/05 - S PERRIGO CO. *PRGO* 714290103 02/15/05 16,667 1 Issue Shares in Connection with an For For Mgmt Acquisition 03/22/05 - A PHOTRONICS, INC. *PLAB* 719405102 02/10/05 8,622 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 03/28/05 - S PROVINCE HEALTHCARE CO. 743977100 02/18/05 12,755 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. Mgmt Rec - Company Management Recommended Vote Page 16 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 03/29/05 - S KANSAS CITY SOUTHERN *KSU* 485170302 02/18/05 17,005 1 Issuance of Common Stock For For Mgmt 03/30/05 - A HOLLYWOOD ENTERTAINMENT CORP. 436141105 02/16/05 15,278 1 Elect Directors For For Mgmt 04/05/05 - A STEWART ENTERPRISES, INC. *STEI* 860370105 02/08/05 26,256 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/11/05 - A RYAN'S RESTAURANT GROUP, INC. *RYAN* 783520109 02/02/05 11,189 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles D. Way --- For 1.2 Elect Director G. Edwin McCranie --- For 1.3 Elect Director Barry L. Edwards --- For 1.4 Elect Director Brian S. MacKenzie --- For 1.5 Elect Director Harold K. Roberts, Jr. --- For 1.6 Elect Director James M. Shoemaker, Jr. --- Withhold WITHHOLD votes from James M. Shoemaker, Jr. for standing as an affiliated outsider on the Nominating Committee. 1.7 Elect Director Vivian A. Wong --- For 2 Adopt or Amend Shareholder Rights Plan For Against Mgmt (Poison Pill) SSGA does not support this proposal. 3 Ratify Auditors For For Mgmt 04/13/05 - A FULTON FINANCIAL CORP. *FULT* 360271100 02/24/05 33,135 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 04/14/05 - A H.B. FULLER CO. *FUL* 359694106 02/25/05 7,714 1 Elect Directors For Split Mgmt Mgmt Rec - Company Management Recommended Vote Page 17 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director J. Michael Losh --- Withhold J. Michael Losh is an affiliated outsider on the audit committee. 1.2 Elect Director Lee R. Mitau --- Withhold Lee R. Mitau is an affiliated outsider on the nominating and compensation committees. 1.3 Elect Director Robert William Van Sant --- For 2 Ratify Auditors For For Mgmt 04/14/05 - A THE STRIDE RITE CORP. *SRR* 863314100 02/15/05 10,406 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/15/05 - A ARIBA, INC. *ARBA* 04033V203 02/16/05 16,797 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/15/05 - S COLONIAL PROPERTIES TRUST *CLP* 195872106 02/09/05 7,414 1 Issue Shares in Connection with an For For Mgmt Acquisition 2 Increase Authorized Preferred and Common For For Mgmt Stock 3 Approve Authority to Issue Preferred Stock For For Mgmt 4 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 04/15/05 - A CORE LABORATORIES N V *CLB* N22717107 03/10/05 7,061 MEETING FOR THE HOLDERS OF ADRS 1 Elect Supervisory Board Member For For Mgmt 2 CONFIRMATION AND ADOPTION OF ANNUAL For For Mgmt ACCOUNTS AND DISCHARGE OF DIRECTORS. 3 APPROVAL OF CANCELLATION OF OUR For For Mgmt REPURCHASED SHARES. 4 APPROVAL OF EXTENSION OF AUTHORITY OF For For Mgmt MANAGEMENT BOARD TO REPURCHASE UP TO Mgmt Rec - Company Management Recommended Vote Page 18 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 10% OF THE ISSUED SHARE CAPITAL OF THE COMPANY UNTIL OCTOBER 15, 2006. 5 APPROVAL OF EXTENSION OF AUTHORITY OF For For Mgmt SUPERVISORY BOARD TO ISSUE SHARES AND/OR TO GRANT RIGHTS (INCLUDING OPTIONS TO PURCHASE) WITH RESPECT TO OUR COMMON AND/OR PREFERENCE SHARES UNTIL APRIL 15, 2010. 6 APPROVAL OF EXTENSION OF AUTHORITY OF For For Mgmt SUPERVISORY BOARD TO LIMIT OR ELIMINATE PREEMPTIVE RIGHTS OF HOLDERS OF COMMON SHARES UNTIL APRIL 15, 2010. 7 RATIFICATION OF APPOINTMENT OF For For Mgmt PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS FOR THE YEAR ENDED DECEMBER 31, 2005. 04/19/05 - A THE SOUTH FINANCIAL GROUP INC. *TSFG* 837841105 03/01/05 19,213 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/19/05 - A THORNBURG MORTGAGE, INC. *TMA* 885218107 03/09/05 22,625 1 Elect Directors For For Mgmt 04/19/05 - A TIMKEN CO. (THE) *TKR* 887389104 02/18/05 22,292 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 04/20/05 - A ALBEMARLE CORP. *ALB* 012653101 03/11/05 10,198 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/20/05 - A CHITTENDEN CORP. *CHZ* 170228100 03/04/05 12,518 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 19 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 4 Amend Omnibus Stock Plan For For Mgmt 04/20/05 - A FIRSTMERIT CORP. *FMER* 337915102 02/21/05 19,702 1 Elect Directors For For Mgmt 04/20/05 - A RYERSON TULL, INC. *RT* 78375P107 03/02/05 6,034 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/20/05 - A SKY FINANCIAL GROUP, INC. *SKYF* 83080P103 02/21/05 28,797 1 Elect Directors For For Mgmt 04/20/05 - A THE COLONIAL BANCGROUP, INC. *CNB* 195493309 02/22/05 36,468 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Authorize New Class of Preferred Stock For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 04/21/05 - A AGCO CORP. *AG* 001084102 03/11/05 24,535 1 Elect Directors For For Mgmt 04/21/05 - BEVERLY ENTERPRISES, INC. *BEV* 087851309 03/07/05 29,285 PC MANAGEMENT PROPOSALS (WHITE CARD) 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Fix Number of Directors Against Against Mgmt 4 Amend Articles/Bylaws/Charter-Non-Routine Against Against Mgmt 5 Other Business Against Against Mgmt DISSIDENT PROXY (BLUE CARD) 1 Fix Number of Directors For None Mgmt 2 Amend Articles/Bylaws/Charter-Non-Routine For None Mgmt 3 Elect Directors (Opposition Slate) For None Mgmt 4 Other Business For None Mgmt 5 Ratify Auditors For None Mgmt Mgmt Rec - Company Management Recommended Vote Page 20 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/21/05 - A OCEANFIRST FINANCIAL CORP. *OCFC* 675234108 03/07/05 2,816 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A SENSIENT TECHNOLOGIES CORP. *SXT* 81725T100 03/01/05 11,855 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt 04/21/05 - A TIBCO SOFTWARE, INC. *TIBX* 88632Q103 02/22/05 46,807 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A WAUSAU PAPER CORP *WPP* 943315101 02/18/05 13,117 1 Elect Directors For For Mgmt 2 Change Company Name For For Mgmt 04/21/05 - A WOLVERINE WORLD WIDE, INC. *WWW* 978097103 03/01/05 16,011 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Ratify Auditors For For Mgmt 04/22/05 - A ALLEGHENY TECHNOLOGIES, INC. *ATI* 01741R102 03/03/05 21,148 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Re-Approve Performance-Based Goals under For For Mgmt Incentive Plan 04/22/05 - A GATX CORP. *GMT* 361448103 02/25/05 11,776 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/22/05 - S HOLLYWOOD ENTERTAINMENT CORP. 436141105 03/18/05 15,678 1 Approve Merger Agreement For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 21 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/22/05 - A REGAL-BELOIT CORP. *RBC* 758750103 02/28/05 6,233 1 Elect Directors For For Mgmt 04/22/05 - A SNAP-ON INCORPORATED *SNA* 833034101 02/22/05 14,217 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/25/05 - A CRANE CO. *CR* 224399105 02/28/05 13,970 1 Elect Directors For Split Mgmt 1.1 Elect Director E.T. Bigelow, Jr. --- For 1.2 Elect Director J. Gaulin --- For 1.3 Elect Director C.J. Queenan, Jr. --- Withhold WITHHOLD votes from Charles J. Queenan, Jr. for standing as an affiliated outsider on the Audit and Nominating committees. 2 Ratify Auditors For For Mgmt 04/25/05 - A STERLING BANCSHARES, INC. /TX *SBIB* 858907108 02/24/05 12,173 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/25/05 - A THE LUBRIZOL CORP. *LZ* 549271104 03/04/05 17,793 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A CHEMTURA CORP *CEM* 227116100 02/25/05 31,116 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A HAWAIIAN ELECTRIC INDUSTRIES, INC. 419870100 02/16/05 21,887 *HE* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 22 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/26/05 - A INSIGHT COMMUNICATIONS COMPANY, INC. 45768V108 03/18/05 13,893 *ICCI* 1 Elect Directors For Split Mgmt 1.1 Elect Director Sidney R. Knafel --- For 1.2 Elect Director Michael S. Willner --- For 1.3 Elect Director Dinni Jain --- For 1.4 Elect Director Thomas L. Kempner --- Withhold WITHHOLD votes from Thomas L. Kempner for sitting on more than six boards. 1.5 Elect Director Geraldine B. Laybourne --- For 1.6 Elect Director David C. Lee --- For 1.7 Elect Director James S. Marcus --- For 2 Amend Omnibus Stock Plan For Against Mgmt The plan permits repricing. 3 Ratify Auditors For For Mgmt 04/26/05 - A PERKINELMER INC. *PKI* 714046109 02/28/05 32,826 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 04/26/05 - A PLATINUM UNDERWRITERS HOLDINGS LTD G7127P100 03/10/05 9,017 *PTP* MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For For Mgmt 2 TO CONSIDER AND TAKE ACTION UPON A PROPOSAL For For Mgmt TO RATIFY THE SELECTION OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2005 FISCAL YEAR. 04/26/05 - A THE GOODYEAR TIRE & RUBBER CO. *GT* 382550101 03/04/05 47,811 1 Elect Directors For For Mgmt 2 Amend Code of Regulations For For Mgmt 3 Declassify the Board of Directors None For Mgmt 4 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 5 Ratify Auditors For For Mgmt 6 Review/Limit Executive Compensation Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 23 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/27/05 - A AGL RESOURCES INC. *ATG* 001204106 02/18/05 19,326 1 Elect Directors For Split Mgmt 1.1 Elect Director Thomas D. Bell, Jr. --- Withhold Thomas D. Bell, Jr. is an affiliated outsider on the compensation and nominating committees. 1.2 Elect Director Arthur E. Johnson --- For 1.3 Elect Director Paula Rosput Reynolds --- For 1.4 Elect Director James A. Rubright --- For 1.5 Elect Director Bettina M. Whyte --- For 2 Amend Articles For For Mgmt 3 Amend Nonqualified Employee Stock Purchase For For Mgmt Plan 4 Ratify Auditors For For Mgmt 04/27/05 - A BANCORPSOUTH, INC. *BXS* 059692103 03/07/05 19,619 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Ratify Auditors For For Mgmt 04/27/05 - A CHESAPEAKE CORP. *CSK* 165159104 03/04/05 5,364 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 04/27/05 - A COLONIAL PROPERTIES TRUST *CLP* 195872106 03/08/05 7,414 1 Elect Directors For Split Mgmt 1.1 Elect Director Carl F. Bailey --- For 1.2 Elect Director M. Miller Gorrie --- For 1.3 Elect Director William M. Johnson --- For 1.4 Elect Director Glade M. Knight --- For 1.5 Elect Director James K. Lowder --- For 1.6 Elect Director Thomas H. Lowder --- For 1.7 Elect Director Herbert A. Meisler --- For Mgmt Rec - Company Management Recommended Vote Page 24 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.8 Elect Director Claude B. Nielsen --- For 1.9 Elect Director Harold W. Ripps --- For 1.10 Elect Director Donald T. Senterfitt --- For 1.11 Elect Director John W. Spiegel --- Withhold John W. Spiegel is an affiliated outsider on the audit and compensation committee. 2 Ratify Auditors For For Mgmt 04/27/05 - A HUDSON UNITED BANCORP *HU* 444165104 03/11/05 12,255 1 Elect Directors For For Mgmt 04/27/05 - A INSITUFORM TECHNOLOGIES, INC. *INSU* 457667103 03/01/05 7,277 1 Elect Directors For For Mgmt 2 Amend Articles For For Mgmt 3 Ratify Auditors For For Mgmt 04/27/05 - A LEXICON GENETICS, INC. *LEXG* 528872104 03/08/05 11,719 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 3 Ratify Auditors For For Mgmt 04/27/05 - A NATIONWIDE HEALTH PROPERTIES, INC. 638620104 03/04/05 18,039 *NHP* 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 04/27/05 - A PARKER DRILLING CO. *PKD* 701081101 03/10/05 25,174 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert L. Parker --- For 1.2 Elect Director Robert L. Parker Jr. --- For 1.3 Elect Director Roger B. Plank --- Withhold Roger B. Plank serves as an affiliated outsider on the audit committee. 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 25 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/27/05 - A PROVIDENT FINANCIAL SERVICES, INC. 74386T105 03/04/05 20,451 *PFS* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/27/05 - A REPUBLIC BANCORP, INC. *RBNC* 760282103 03/08/05 19,088 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 04/27/05 - A RUSSELL CORP. *RML* 782352108 03/11/05 7,896 1 Elect Directors For For Mgmt 04/27/05 - A VECTREN CORP. *VVC* 92240G101 03/04/05 20,676 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/28/05 - A ALEXANDER & BALDWIN, INC. *ALEX* 014482103 02/18/05 11,005 1 Elect Directors For Split Mgmt 1.1 Elect Director M.J. Chun --- For 1.2 Elect Director W.A. Doane --- For 1.3 Elect Director W.A. Dods, Jr. --- For 1.4 Elect Director C.G. King --- For 1.5 Elect Director C.H. Lau --- Withhold Constance H. Lau is an affiliated outsider on the audit committee. 1.6 Elect Director C.R. McKissick --- For 1.7 Elect Director D.M. Pasquale --- For 1.8 Elect Director M.G. Shaw --- For 1.9 Elect Director C.M. Stockholm --- For 1.10 Elect Director J.N. Watanabe --- For 2 Ratify Auditors For For Mgmt 3 Amend Stock Option Plan For For Mgmt 04/28/05 - A AMERUS GROUP CO. *AMH* 03072M108 03/01/05 10,694 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 26 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/28/05 - A CARRAMERICA REALTY CORP. *CRE* 144418100 03/04/05 14,764 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/28/05 - A CROWN HOLDINGS, INC. *CCK* 228368106 03/15/05 45,071 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Non-Employee Director Stock Plan For For Mgmt 04/28/05 - A FURNITURE BRANDS INTERNATIONAL, INC. 360921100 03/01/05 13,724 *FBN* 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Ratify Auditors For For Mgmt 04/28/05 - A NETBANK, INC. *NTBK* 640933107 03/07/05 13,090 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/28/05 - A OLD NATIONAL BANCORP *ONB* 680033107 02/24/05 18,884 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 04/28/05 - A OLIN CORP. *OLN* 680665205 03/03/05 18,970 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 3 Amend Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 04/28/05 - A PHOENIX COMPANIES, INC. *PNX* 71902E109 03/07/05 24,455 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 27 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Ratify Auditors For For Mgmt 04/28/05 - A SKYWORKS SOLUTIONS, INC. *SWKS* 83088M102 03/01/05 42,320 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Non-Employee Director Stock Option For Against Mgmt Plan The initiative cannot be supported due to the number of shares to be granted initially to each nonemployee director. 4 Ratify Auditors For For Mgmt 04/28/05 - A TREDEGAR CORPORATION *TG* 894650100 03/07/05 6,767 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/29/05 - S ASCENTIAL SOFTWARE CORP. 04362P207 03/29/05 16,510 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 04/29/05 - A CINCINNATI BELL INC. *CBB* 171871106 03/04/05 66,430 1 Elect Directors For Split Mgmt 1.1 Elect Director Bruce L. Byrnes --- Withhold Bruce L. Byrnes is an affiliated outsider on the compensation and nominating commmitees. 1.2 Elect Director John F. Cassidy --- For 1.3 Elect Director Robert W. Mahoney --- For 1.4 Elect Director Daniel J. Meyer --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 28 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/02/05 - A BRANDYWINE REALTY TRUST *BDN* 105368203 03/23/05 15,075 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/02/05 - A SIERRA PACIFIC RESOURCES *SRP* 826428104 03/18/05 31,838 1 Elect Directors For For Mgmt 2 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 05/03/05 - A AMCORE FINANCIAL, INC. *AMFI* 023912108 03/07/05 6,301 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the size of the requested authorization, the total level of potential dilution under all plans is above the allowable cap of 15%, and the plan permits repricing. 05/03/05 - A CATELLUS DEVELOPMENT CORP. *CDX* 149113102 03/15/05 23,963 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Shareholder Rights Plan (Poison Pill) For For Mgmt 05/03/05 - A CHAMPION ENTERPRISES, INC. *CHB* 158496109 03/07/05 19,104 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/03/05 - A CIBER, INC. *CBR* 17163B102 03/07/05 15,161 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 29 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/03/05 - A COOPER TIRE & RUBBER CO. *CTB* 216831107 03/07/05 20,357 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prepare Sustainability Report Against Against ShrHoldr 05/03/05 - A EARTHLINK, INC. *ELNK* 270321102 03/15/05 39,482 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A FIRST NIAGARA FINANCIAL GROUP, INC. 33582V108 03/09/05 29,853 *FNFG* 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/03/05 - A INFOCUS CORP. *INFS* 45665B106 03/04/05 11,299 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A LATTICE SEMICONDUCTOR CORP. *LSCC* 518415104 03/17/05 29,693 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A PINNACLE ENTERTAINMENT, INC. *PNK* 723456109 03/30/05 10,891 1 Elect Directors For Split Mgmt 1.1 Elect Director Daniel R. Lee --- For 1.2 Elect Director John V. Giovenco --- For 1.3 Elect Director Richard J. Goeglein --- For 1.4 Elect Director Bruce A. Leslie --- Withhold WITHHOLD votes from Bruce A. Leslie for standing as an affiliated outsider on the Audit Committee. 1.5 Elect Director James L. Martineau --- For 1.6 Elect Director Michael Ornest --- For 1.7 Elect Director Timothy J. Parrott --- For 1.8 Elect Director Lynn P. Reitnouer --- For 2 Approve Omnibus Stock Plan For Against Mgmt The initiative can be supported due to the size of the requested authorization, the resulting level of Mgmt Rec - Company Management Recommended Vote Page 30 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- potential dilution under all plans is within the allowable cap of 15%, and the reasonable terms of the plan. 3 Increase Authorized Common Stock For For Mgmt 05/03/05 - A POWER-ONE, INC. *PWER* 739308104 03/11/05 19,927 1 Declassify the Board of Directors For For Mgmt 2 Elect Directors For For Mgmt 3 Ratify Auditors For For Mgmt 05/03/05 - A PRG-SCHULTZ INTERNATIONAL, INC. *PRGX* 69357C107 03/24/05 14,744 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A SKYWEST, INC. *SKYW* 830879102 03/31/05 16,382 1 Elect Directors For Split Mgmt 1.1 Elect Director Jerry C. Atkin --- For 1.2 Elect Director J. Ralph Atkin --- Withhold WITHHOLD votes from Steven F. Udvar-Hazy and J. Ralph Atkin for standing as affiliated outsiders on the Compensation Committee and Ian M. Cumming for sitting on more than four boards. 1.3 Elect Director Steven F. Udvar-Hazy --- Withhold 1.4 Elect Director Ian M. Cumming --- Withhold 1.5 Elect Director W. Steve Albrecht --- For 1.6 Elect Director Mervyn K. Cox --- For 1.7 Elect Director Sidney J. Atkin --- For 1.8 Elect Director Hyrum W. Smith --- For 1.9 Elect Director Robert G. Sarver --- For 2 Ratify Auditors For For Mgmt 05/03/05 - A STILLWATER MINING CO. *SWC* 86074Q102 03/28/05 12,307 1 Elect Directors For Split Mgmt 1.1 Elect Director Craig L. Fuller --- For 1.2 Elect Director Patrick M. James --- For 1.3 Elect Director Steven S. Lucas --- For 1.4 Elect Director Joseph P. Mazurek --- Withhold WITHHOLD votes from Joseph P. Mazurek for standing as an affiliated outsider on the Nominating Committee. Mgmt Rec - Company Management Recommended Vote Page 31 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.5 Elect Director Francis R. Mcallister --- For 1.6 Elect Director Sheryl K. Pressler --- For 1.7 Elect Director Donald W. Riegle --- For 1.8 Elect Director Todd D. Schafer --- For 1.9 Elect Director Jack E. Thompson --- For 2 Ratify Auditors For For Mgmt 05/03/05 - A UNITED DOMINION REALTY TRUST, INC. 910197102 03/01/05 36,111 *UDR* 1 Elect Directors For Split Mgmt 1.1 Elect Director Eric J. Foss --- For 1.2 Elect Director Robert P. Freeman --- For 1.3 Elect Director Jon A. Grove --- Withhold Jon A. Grove is an affiliated outsider on the compensation committee. 1.4 Elect Director James D. Klingbeil --- Withhold James D. Klingbeil is an affiliated director on the compensation committee. 1.5 Elect Director Robert C. Larson --- For 1.6 Elect Director Thomas R. Oliver --- For 1.7 Elect Director Lynne B. Sagalyn --- For 1.8 Elect Director Mark J. Sandler --- For 1.9 Elect Director Robert W. Scharar --- For 1.10 Elect Director Thomas W. Toomey --- For 2 Ratify Auditors For For Mgmt 3 Approve Out-Performance Program For For Mgmt 4 Authorize New Class of Preferred Stock For For Mgmt 05/04/05 - A AQUILA INC. *ILA* 03840P102 03/07/05 63,756 1 Elect Directors For For Mgmt 05/04/05 - A CTS CORP. *CTS* 126501105 03/18/05 9,701 1 Elect Directors For Split Mgmt 1.1 Elect Director Walter S. Catlow --- For 1.2 Elect Director Lawrence J. Ciancia --- For 1.3 Elect Director Thomas G. Cody --- For 1.4 Elect Director Gerald H. Frieling, Jr. --- For Mgmt Rec - Company Management Recommended Vote Page 32 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 1.5 Elect Director Roger R. Hemminghaus --- For 1.6 Elect Director Michael A. Henning --- For 1.7 Elect Director Robert A. Profusek --- Withhold WITHHOLD votes from Robert A. Profusek for standing as an affiliated outsider on the Compensation and Nominating committees. 1.8 Elect Director Donald K. Schwanz --- For 1.9 Elect Director Patricia K. Vincent --- For 05/04/05 - A CURAGEN CORP. *CRGN* 23126R101 03/15/05 11,575 1 Elect Directors For For Mgmt 05/04/05 - A EL PASO ELECTRIC CO. *EE* 283677854 03/07/05 12,854 1 Elect Directors For Split Mgmt 1.1 Elect Director Gary R. Hedrick --- For 1.2 Elect Director Kenneth R. Heitz --- Withhold WITHHOLD votes from Kenneth R. Heitz for standing as an affiliated outsider on the Compensation Committee. 1.3 Elect Director Michael K. Parks --- For 1.4 Elect Director Eric B. Siegel --- For 05/04/05 - A GLENBOROUGH REALTY TRUST INC. *GLB* 37803P105 02/28/05 9,796 1 Elect Directors For For Mgmt 05/04/05 - A INPUT/OUTPUT, INC. *IO* 457652105 03/18/05 18,756 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 05/04/05 - A NATIONWIDE FINANCIAL SERVICES, INC. 638612101 03/07/05 15,426 *NFS* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 33 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/04/05 - A TESORO CORP. *TSO* 881609101 03/14/05 18,421 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Ratify Auditors For For Mgmt 05/04/05 - A THOMAS & BETTS CORP. *TNB* 884315102 03/07/05 16,067 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A CLECO CORPORATION *CNL* 12561W105 03/07/05 13,351 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/05/05 - A HEALTH CARE REIT, INC. *HCN* 42217K106 03/11/05 14,072 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/05/05 - A KANSAS CITY SOUTHERN *KSU* 485170302 03/07/05 17,005 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/05/05 - A PLAINS EXPLORATION & PRODUCTION CO 726505100 03/21/05 21,005 *PXP* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A POPE & TALBOT, INC. *POP* 732827100 03/17/05 4,192 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/05/05 - A TOLLGRADE COMMUNICATIONS, INC. *TLGD* 889542106 03/04/05 3,501 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/06/05 - A COMMSCOPE, INC. *CTV* 203372107 03/10/05 14,627 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 34 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 2 Ratify Auditors For For Mgmt 05/06/05 - A ENTRUST INC. *ENTU* 293848107 03/11/05 14,550 1 Elect Directors For Withhold Mgmt 1.1 Elect Director Butler C. Derrick, Jr. --- Withhold WITHHOLD votes from affiliated outsider Jerry C. Jones for standing as an affiliated outsider on the Audit and Compensation committees and from Butler C. Derrick, Jr. for standing as an affiliated outsider on the Nominating Committee. 1.2 Elect Director Jerry C. Jones --- Withhold 2 Ratify Auditors For For Mgmt 05/06/05 - A FINISAR CORP. *FNSR* 31787A101 04/01/05 50,800 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/06/05 - A HOME PROPERTIES INC *HME* 437306103 03/11/05 9,081 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Deferred Compensation Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/06/05 - A KAYDON CORP. *KDN* 486587108 03/11/05 7,650 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/06/05 - A RTI INTERNATIONAL METALS, INC. *RTI* 74973W107 04/14/05 5,864 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/06/05 - A SHURGARD STORAGE CENTERS, INC. *SHU* 82567D104 03/11/05 12,487 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 35 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/06/05 - A UNISOURCE ENERGY CORP. *UNS* 909205106 03/28/05 9,030 1 Elect Directors For For Mgmt 05/09/05 - A SOUTHERN UNION CO. *SUG* 844030106 03/28/05 27,554 1 Declassify the Board of Directors For For Mgmt 2 Amend Articles For For Mgmt 3 Eliminate Cumulative Voting For For Mgmt 4 Adopt Director Qualifications For Against Mgmt The presence of former officers on a company's board in and of itself is not adverse from a shareholder's perspective, as long as the board is substantially independent and key board committees are fully independent. As such, the proposal does not warrant shareholder approval. 5 Amend Articles For For Mgmt 6 Elect Directors For Split Mgmt 6.1 Elect Director David Brodsky --- For 6.2 Elect Director Frank W. Denius --- Withhold WITHHOLD votes from Frank W. Denius for standing as an affiliated outsider on the Audit and Compensation committees. 6.3 Elect Director Kurt A. Gitter, M.D. --- For 6.4 Elect Director Herbert H. Jacobi --- For 6.5 Elect Director Thomas F. Karam --- For 6.6 Elect Director Adam M. Lindemann --- For 6.7 Elect Director George L. Lindemann --- For 6.8 Elect Director Thomas N. McCarter, III --- For 6.9 Elect Director George Rountree, III --- For 7 Elect Director David Brodsky For For Mgmt 8 Elect Director Herbert H. Jacobi For For Mgmt 9 Elect Director Thomas F. Karam For For Mgmt 10 Elect Director George L. Lindemann For For Mgmt 11 Amend Omnibus Stock Plan For For Mgmt 05/09/05 - A TRINITY INDUSTRIES, INC. *TRN* 896522109 03/25/05 12,211 1 Elect Directors For Split Mgmt 1.1 Elect Director David W. Biegler --- For 1.2 Elect Director Craig J. Duchossois --- Mgmt Rec - Company Management Recommended Vote Page 36 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- Withhold WITHHOLD votes from Jess T. Hay and Craig J. Duchossois for standing as affiliated outsiders on the Compensation and Nominating committees. 1.3 Elect Director Ronald J. Gafford --- For 1.4 Elect Director Barry J. Galt --- For 1.5 Elect Director Clifford J. Grum --- For 1.6 Elect Director Jess T. Hay --- Withhold 1.7 Elect Director Diana S. Natalicio --- For 1.8 Elect Director Timothy R. Wallace --- For 2 Ratify Auditors For For Mgmt 05/09/05 - A TRUSTCO BANK CORP NY *TRST* 898349105 03/23/05 20,869 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A ALLETE INC. *ALE* 018522300 03/11/05 7,201 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 05/10/05 - A CAPITAL AUTOMOTIVE REIT *CARS* 139733109 03/01/05 11,880 1 Elect Directors For Split Mgmt 1.1 Elect Turstee Thomas D. Eckert --- For 1.2 Elect Turstee Craig L. Fuller --- For 1.3 Elect Turstee Paul M. Higbee --- For 1.4 Elect Turstee William E. Hoglund --- For 1.5 Elect Turstee David B. Kay --- For 1.6 Elect Turstee R. Michael McCullough --- For 1.7 Elect Turstee John J. Pohanka --- Withhold WITHHOLD votes from Vincent A. Sheehy for standing as an affiliated outsider on the Audit Committee. We also recommend that shareholders WITHHOLD votes from John J. Pohanka for standing as an affiliated outsider on the Compensation and Nominating committees. 1.8 Elect Turstee Robert M. Rosenthal --- For 1.9 Elect Turstee Vincent A. Sheehy --- Withhold Mgmt Rec - Company Management Recommended Vote Page 37 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 2 Ratify Auditors For For Mgmt 05/10/05 - A COHU, INC. *COHU* 192576106 03/15/05 5,613 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/10/05 - A COMMERCIAL FEDERAL CORP. *CFB* 201647104 03/24/05 11,191 1 Elect Directors For Split Mgmt 1.1 Elect Director William A. Fitzgerald --- For 1.2 Elect Director Robert D. Taylor --- For 1.3 Elect Director Aldo J. Tesi --- For 1.4 Elect Director Frederick R. Kulikowski --- For 1.5 Elect Director Daniel P. Neary --- Withhold Daniel P. Neary is an affiliated outsider on the compensation committee. 2 Ratify Auditors For For Mgmt 05/10/05 - A COUSINS PROPERTIES INC. *CUZ* 222795106 03/22/05 10,661 1 Elect Directors For Split Mgmt 1.1 Elect Director Thomas D. Bell, Jr. --- For 1.2 Elect Director Erskine B. Bowles --- For 1.3 Elect Director Richard W. Courts, II --- Withhold Richard W. Courts, II is an affiliated outisder on all key committees. 1.4 Elect Director Thomas G. Cousins --- For 1.5 Elect Director Lillian C. Giornelli --- For 1.6 Elect Director S. Taylor Glover --- For 1.7 Elect Director James H. Hance, Jr. --- For 1.8 Elect Director Boone A. Knox --- For 1.9 Elect Director John J. Mack --- For 1.10 Elect Director William Porter Payne --- For 2 Amend Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 38 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/10/05 - A FOREST OIL CORP. *FST* 346091705 03/14/05 13,840 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/10/05 - A GENERAL CABLE CORP. *BGC* 369300108 03/11/05 10,919 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 05/10/05 - A HRPT PROPERTIES TRUST *HRP* 40426W101 03/14/05 48,333 1 Elect Directors For For Mgmt 05/10/05 - A INVESTMENT TECHNOLOGY GROUP, INC. 46145F105 03/11/05 12,690 *ITG* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A LOEWS CORP. *LTR* 540424207 03/14/05 14,508 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Provide for Cumulative Voting Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Support Legislation and Make Public Against Against ShrHoldr Statements on Environmental Tobacco Smoke 8 Apply Fire Safety Standards for Cigarettes Against Against ShrHoldr 05/10/05 - A/S MERIDIAN GOLD INC. *MNG.* 589975101 03/15/05 27,005 1 Elect J.A. Eckersley, R.A. Horn, B.J. For For Mgmt Kennedy, C.R. Lattanzi, M.W. MacNaught, G.E. Munera, C.L. Renzoni as Directors 2 Approve KPMG LLP as Auditors and Authorize For For Mgmt Board to Fix Remuneration of Auditors 3 Amend Shareholder Rights Plan (Poison Pill) For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 39 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/10/05 - A TRUSTMARK CORP. *TRMK* 898402102 03/14/05 13,822 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/10/05 - A VIASYS HEALTHCARE, INC. *VAS* 92553Q209 03/22/05 7,278 1 Elect Directors For For Mgmt 05/10/05 - A VINTAGE PETROLEUM, INC. *VPI* 927460105 03/23/05 15,284 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The plan permits repricing. 3 Ratify Auditors For For Mgmt 4 Report on Greenhouse Gas Emissions Against Against ShrHoldr 05/10/05 - A W.P. STEWART & COMPANY LTD. *WPL* G84922106 03/24/05 6,140 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 3 Elect Director Richard D. Spurling For For Mgmt 2 ESTABLISH THE SIZE OF THE BOARD OF For For Mgmt DIRECTORS AND AUTHORIZE APPOINTMENT OF NEW DIRECTORS. 5 Ratify Auditors For For Mgmt 4 RATIFICATION OF ISSUANCE OF COMMON SHARES For For Mgmt TO DIRECTORS OFFICERS AND EMPLOYEES. 05/10/05 - A WERNER ENTERPRISES, INC. *WERN* 950755108 03/21/05 15,387 1 Elect Directors For For Mgmt 2 Amend Articles For Against Mgmt Amendments include antitakeover provisions. 3 Make Effort to Locate Women and Minorities Against Against ShrHoldr for Board Nomination 05/11/05 - A IOMEGA CORP. *IOM* 462030305 03/15/05 14,603 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Stock Option For For Mgmt Plan Mgmt Rec - Company Management Recommended Vote Page 40 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/11/05 - A KNIGHT CAPITAL GROUP INC *NITE* 499063105 03/21/05 31,616 1 Change Company Name For For Mgmt 2 Elect Directors For Split Mgmt 2.1 Elect Director William L. Bolster --- For 2.2 Elect Director Charles V. Doherty --- For 2.3 Elect Director Gary R. Griffith --- For 2.4 Elect Director Thomas M. Joyce --- For 2.5 Elect Director Robert M. Lazarowitz --- Withhold WITHHOLD votes from Robert M. Lazarowitz and Rodger O. Riney for standing as affiliated outisiders on the compensation and nominating committees. 2.6 Elect Director Thomas C. Lockburner --- For 2.7 Elect Director James T. Milde --- For 2.8 Elect Director Rodger O. Riney --- Withhold 3 Ratify Auditors For For Mgmt 05/11/05 - A OWENS-ILLINOIS, INC. *OI* 690768403 03/14/05 27,711 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/11/05 - A PEROT SYSTEMS CORP. *PER* 714265105 03/14/05 20,510 1 Elect Directors For Split Mgmt 1.1 Elect Director Ross Perot --- For 1.2 Elect Director Ross Perot, Jr. --- For 1.3 Elect Director Peter A. Altabef --- For 1.4 Elect Director Steve Blasnik --- For 1.5 Elect Director John S.T. Gallagher --- For 1.6 Elect Director Carl Hahn --- For 1.7 Elect Director Desoto Jordan --- Withhold WITHHOLD votes from DeSoto Jordan for standing as an affiliated outsider on the Compensation and Nominating committees. 1.8 Elect Director Thomas Meurer --- For 1.9 Elect Director Cecil H (c.H.) Moore Jr --- For 1.10 Elect Director Anuroop (tony) Singh --- For 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 41 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/11/05 - A PRENTISS PROPERTIES TRUST *PP* 740706106 03/18/05 10,549 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 05/11/05 - A TUPPERWARE CORP. *TUP* 899896104 03/14/05 14,156 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 05/11/05 - A USG CORP. *USG* 903293405 03/16/05 8,741 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - A VISTEON CORPORATION *VC* 92839U107 03/15/05 35,170 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 05/12/05 - A ALLEGHENY ENERGY, INC. *AYE* 017361106 03/17/05 34,664 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Management to Retain Stock Against Against ShrHoldr 4 Separate Chairman and CEO Positions Against Against ShrHoldr 5 Adopt Policy on Overboarded Directors Against Against ShrHoldr 6 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 05/12/05 - A AVISTA CORPORATION *AVA* 05379B107 03/11/05 13,072 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/12/05 - A AXCELIS TECHNOLOGIES INC *ACLS* 054540109 03/21/05 27,060 1 Elect Directors For Split Mgmt 1.1 Elect Director H. Brian Thompson --- For 1.2 Elect Director Stephen R. Hardis --- Withhold WITHHOLD votes from Stephen R. Hardis for Mgmt Rec - Company Management Recommended Vote Page 42 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- standing as an affiliated outsider on the Compensation and Nominating committee and for sitting on more than six boards. 1.3 Elect Director R. John Fletcher --- For 2 Ratify Auditors For For Mgmt 05/12/05 - A EQUITY INNS, INC. *ENN* 294703103 03/15/05 13,698 1 Elect Directors For For Mgmt 05/12/05 - A KEANE, INC. *KEA* 486665102 03/21/05 14,642 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/12/05 - A S1 CORPORATION *SONE* 78463B101 04/04/05 18,161 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 05/12/05 - A SERVICE CORPORATION INTERNATIONAL 817565104 03/22/05 92,013 *SCI* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/12/05 - A SINCLAIR BROADCAST GROUP, INC. *SBGI* 829226109 03/17/05 12,738 1 Elect Directors For Split Mgmt 1.1 Elect Director David D. Smith --- For 1.2 Elect Director Frederick G. Smith --- For 1.3 Elect Director J. Duncan Smith --- For 1.4 Elect Director Robert E. Smith --- For 1.5 Elect Director Basil A. Thomas --- Withhold WITHHOLD votes from affiliated outsider Basil A. Thomas for standing as an affiliated outsider on the Audit and Compensation committees. 1.6 Elect Director Lawrence E. McCanna --- For 1.7 Elect Director Daniel C. Keith --- For 1.8 Elect Director Martin R. Leader --- For 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 43 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/12/05 - A TRIQUINT SEMICONDUCTOR, INC. *TQNT* 89674K103 03/23/05 37,423 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 05/12/05 - A WASHINGTON REAL ESTATE INVESTMENT 939653101 03/17/05 11,368 TRUST *WRE* 1 Elect Directors For For Mgmt 2 Limit Awards to Executives Against Against ShrHoldr 05/13/05 - A BORLAND SOFTWARE CORP. *BORL* 099849101 03/31/05 22,645 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 5 Ratify Auditors For For Mgmt 05/13/05 - A MAXTOR CORP. *MXO* 577729205 04/01/05 69,531 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/13/05 - A NABI BIOPHARMACEUTICALS *NABI* 629519109 03/25/05 16,400 1 Elect Directors For For Mgmt 05/13/05 - A SUPERIOR INDUSTRIES INTERNATIONAL, 868168105 03/28/05 6,021 INC. *SUP* 1 Elect Directors For Split Mgmt Mgmt Rec - Company Management Recommended Vote Page 44 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director Louis L. Borick --- For 1.2 Elect Director Steven J. Borick --- For 1.3 Elect Director Raymond C. Brown --- Withhold Raymond C. Brown is an affiliated outsider on the nominating committee. 2 Approve Executive Incentive Bonus Plan For For Mgmt 05/16/05 - A JDA SOFTWARE GROUP, INC. *JDAS* 46612K108 03/31/05 8,240 1 Elect Director James D. Armstrong For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the size of the requested authorization, the total level of potential dilution under all plans is above the allowable cap of 18%. 05/16/05 - A NCO GROUP, INC. *NCOG* 628858102 04/06/05 8,293 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/16/05 - A UNITED BANKSHARES, INC. *UBSI* 909907107 03/28/05 11,542 1 Elect Directors For Split Mgmt 1.1 Elect Director Richard M. Adams --- For 1.2 Elect Director Robert G. Astorg --- For 1.3 Elect Director Thomas J. Blair, III --- For 1.4 Elect Director Harry L. Buch --- For 1.5 Elect Director W. Gaston Caperton, III --- For 1.6 Elect Director Lawrence K. Doll --- For 1.7 Elect Director H. Smoot Fahlgren --- Withhold WITHHOLD votes from F. T. Graff, Jr. and H. Smoot Fahlgren for standing as affiliated outsiders on the Compensation and Nominating committees. 1.8 Elect Director Theodore J. Georgelas --- For 1.9 Elect Director F. T. Graff, Jr. --- Withhold 1.10 Elect Director Russell L. Isaacs --- For 1.11 Elect Director John M. McMahon --- For 1.12 Elect Director J. Paul McNamara --- For Mgmt Rec - Company Management Recommended Vote Page 45 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 1.13 Elect Director G. Ogden Nutting --- For 1.14 Elect Director William C. Pitt, III --- For 1.15 Elect Director I. N. Smith, Jr. --- For 1.16 Elect Director Mary K. Weddle --- For 1.17 Elect Director P. Clinton Winter, Jr. --- For 2 Other Business For Against Mgmt Details of other business items not disclosed 05/17/05 - A AIRTRAN HOLDINGS, INC. *AAI* 00949P108 03/31/05 24,003 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 05/17/05 - A AK STEEL HOLDING CORP. *AKS* 001547108 03/25/05 29,003 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 05/17/05 - A ALASKA AIR GROUP, INC. *ALK* 011659109 03/18/05 7,519 1 Elect Directors For For Mgmt 2 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 3 Provide for Confidential Voting Against Against ShrHoldr 4 Provide for Cumulative Voting Against Against ShrHoldr 5 Declassify the Board of Directors Against Against ShrHoldr 6 Adopt Simple Majority Vote Requirement Against For ShrHoldr SSGA supports shareholder proposals seeking to eliminate supermajority vote requirements, as they serve as entrenchment devices for management and therefore are not in the shareholders' best interest. 7 Adopt Comprehensive Committment To Adopt Against For ShrHoldr Simple Majority Vote SSGA supports shareholder proposals seeking to eliminate supermajority vote requirements, as they serve as entrenchment devices for management and therefore are not in the shareholders' best interest. 8 Other Business None Against Mgmt Details of other business items not disclosed Mgmt Rec - Company Management Recommended Vote Page 46 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/17/05 - A ALLMERICA FINANCIAL CORP. *AFC* 019754100 03/21/05 14,456 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A BIG LOTS INC. *BLI* 089302103 03/25/05 32,425 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/17/05 - A CITIZENS BANKING CORP. *CBCF* 174420109 03/31/05 10,383 1 Elect Directors For For Mgmt 05/17/05 - A GABLES RESIDENTIAL TRUST *GBP* 362418105 03/18/05 7,896 1 Elect Directors For Split Mgmt 1.1 Elect Trustee David D. Fitch --- For 1.2 Elect Trustee John W. McIntyre --- Withhold John W. McIntyre is an affiliated outsider on all key committees. 1.3 Elect Trustee Chris D. Wheeler --- For 05/17/05 - A GLOBAL INDUSTRIES, LTD. *GLBL* 379336100 04/01/05 21,573 1 Elect Directors For Split Mgmt 1.1 Elect Director William J. Dore' --- For 1.2 Elect Director James C. Day --- For 1.3 Elect Director Edward P. Djerejian --- Withhold WITHHOLD votes from Edward P. Djerejian for standing as an affiliated outsider on the Nominating Committee. 1.4 Elect Director Edgar G. Hotard --- For 1.5 Elect Director Richard A. Pattarozzi --- For 1.6 Elect Director James L. Payne --- For 1.7 Elect Director Michael J. Pollock --- Withhold Michael J. Pollock is an affiliated outsider on the audit committee. 1.8 Elect Director Luis K. Te'llez --- For Mgmt Rec - Company Management Recommended Vote Page 47 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/17/05 - A GREY WOLF, INC. *GW* 397888108 03/29/05 47,905 1 Elect Directors For Split Mgmt 1.1 Elect Director Steven A. Webster --- Withhold WITHHOLD votes from Steven A. Webster for standing as an affiliated outsider on the Compensation Committee and for sitting on more than six boards. 1.2 Elect Director William R. Ziegler --- For 05/17/05 - A KILROY REALTY CORP. *KRC* 49427F108 03/15/05 7,763 1 Elect Directors For For Mgmt 05/17/05 - A LABRANCHE & CO INC. *LAB* 505447102 03/18/05 15,385 1 Elect Director Thomas E. Dooley For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A PNM RESOURCES INC *PNM* 69349H107 03/28/05 15,457 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Votes Per Share of Existing Stock For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 05/17/05 - A RADISYS CORP. *RSYS* 750459109 03/22/05 5,302 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 05/17/05 - A SPHERION CORP. *SFN* 848420105 03/24/05 17,133 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A SUSQUEHANNA BANCSHARES, INC. *SUSQ* 869099101 04/01/05 13,035 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 48 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/17/05 - A VIAD CORP. *VVI* 92552R406 03/23/05 6,154 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A WELLMAN, INC. *WLM* 949702104 03/31/05 8,926 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A WESTAR ENERGY, INC. *WR* 95709T100 03/25/05 23,775 1 Elect Directors For For Mgmt 2 Amend Articles For For Mgmt 3 Ratify Auditors For For Mgmt 4 Shareholder Nomination Procedures Against Against ShrHoldr 05/17/05 - A WILD OATS MARKETS, INC. *OATS* 96808B107 03/18/05 7,154 1 Elect Director David Gallitano For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A ALBANY MOLECULAR RESEARCH, INC. 012423109 03/25/05 5,990 *AMRI* 1 Elect Directors For For Mgmt 05/18/05 - A CARAUSTAR INDUSTRIES, INC. *CSAR* 140909102 03/11/05 8,038 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 05/18/05 - A CRT PROPERTIES INC *CRO* 22876P109 03/25/05 8,568 1 Elect Directors For For Mgmt 2 Change State of Incorporation from Florida For For Mgmt to Maryland 3 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 4 Ratify Auditors For For Mgmt 05/18/05 - A F.N.B CORP. *FNB* 302520101 03/09/05 13,250 1 Elect Directors For Split Mgmt 1.1 Elect Director Henry M. Ekker --- Mgmt Rec - Company Management Recommended Vote Page 49 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- Withhold WITHHOLD votes from Henry M. Ekker for standing as an affiliated outsider on the Nominating Committee. 1.2 Elect Director Peter Mortensen --- For 1.3 Elect Director Earl K. Wahl, Jr. --- For 1.4 Elect Director David J. Malone --- For 05/18/05 - A FIRST INDUSTRIAL REALTY TRUST, INC. 32054K103 03/22/05 11,223 *FR* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A FIRST MIDWEST BANCORP, INC. *FMBI* 320867104 03/24/05 13,056 1 Elect Directors For For Mgmt 05/18/05 - A MONACO COACH CORP. *MNC* 60886R103 03/21/05 7,465 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A NEWPORT CORP. *NEWP* 651824104 04/01/05 12,100 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A OHIO CASUALTY CORP. *OCAS* 677240103 03/15/05 16,710 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/18/05 - A PRESIDENTIAL LIFE CORP. *PLFE* 740884101 04/11/05 6,025 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A PROVIDENT BANKSHARES CORP. *PBKS* 743859100 04/01/05 9,300 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - S REMEC, INC. *REMC* 759543101 03/28/05 17,251 1 Approve Sale of Company Assets For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 50 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 2 Amend Articles For For Mgmt 05/18/05 - A TECHNITROL, INC. *TNL* 878555101 03/04/05 10,189 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Stock Option For For Mgmt Plan 05/18/05 - A WIRELESS FACILITIES, INC. *WFII* 97653A103 03/25/05 13,300 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the total level of potential dilution under all plans is above the allowable cap of 18% and the plan permits repricing. 3 Ratify Auditors For For Mgmt 05/19/05 - A AMERICAN FINANCIAL GROUP, INC. *AFG* 025932104 03/31/05 10,781 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A AQUA AMERICA, INC. *WTR* 03836W103 03/28/05 26,681 1 Elect Directors For For Mgmt 05/19/05 - A ASPECT COMMUNICATIONS CORP. *ASPT* 04523Q102 03/21/05 11,445 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A AUDIOVOX CORP. *VOXX* 050757103 03/28/05 5,185 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A BORDERS GROUP, INC. *BGP* 099709107 03/22/05 21,133 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A BRE PROPERTIES, INC. *BRE* 05564E106 03/15/05 13,690 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 51 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 2 Increase Authorized Preferred Stock For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A DIME COMMUNITY BANCSHARES, INC. 253922108 03/31/05 9,500 *DCOM* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A DYNEGY, INC. *DYN* 26816Q101 03/31/05 74,892 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles E. Bayless --- For 1.2 Elect Director David W. Biegler --- For 1.3 Elect Director Linda Walker Bynoe --- For 1.4 Elect Director Thomas D. Clarke, Jr. --- For 1.5 Elect Director Barry J. Galt --- Withhold WITHHOLD votes from Barry J. Galt for standing as an affiliated outsider on the Audit and Compensation committees. 1.6 Elect Director Patricia A. Hammick --- For 1.7 Elect Director George L. Mazanec --- For 1.8 Elect Director Robert C. Oelkers --- For 1.9 Elect Director Joe J. Stewart --- For 1.10 Elect Director William L. Trubeck --- For 1.11 Elect Director Bruce A. Williamson --- For 2 Change State of Incorporation from Illinois For For Mgmt to Delaware 3 Ratify Auditors For For Mgmt 4 Claw-Back of Awards Under Restatement Against Against ShrHoldr 05/19/05 - A E.PIPHANY, INC. *EPNY* 26881V100 03/31/05 21,114 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A EFUNDS CORPORATION *EFD* 28224R101 03/31/05 13,536 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 52 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 05/19/05 - A GATEWAY INC *GTW* 367626108 03/23/05 65,121 1 Elect Directors For Split Mgmt 1.1 Elect Director George H. Krauss --- For 1.2 Elect Director Joseph G. Parham, Jr. --- For 1.3 Elect Director Richard D. Synder --- Withhold Richard D. Snyder is an affiliated outside on the audit and nominating committee. 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election Against Against ShrHoldr of Directors 05/19/05 - A HANOVER COMPRESSOR CO. *HC* 410768105 04/06/05 18,905 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A IDACORP, INC. *IDA* 451107106 03/31/05 11,698 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 05/19/05 - A INTERFACE, INC. *IFSIA* 458665106 03/14/05 12,636 1 Elect Directors For For Mgmt 05/19/05 - A LA QUINTA CORP. *LQI* 50419U202 03/21/05 44,467 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 05/19/05 - A MEDAREX, INC. *MEDX* 583916101 03/22/05 21,409 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A MENTOR GRAPHICS CORP. *MENT* 587200106 03/21/05 20,525 1 Elect Directors For For Mgmt 05/19/05 - A MPS GROUP INC *MPS* 553409103 03/31/05 29,570 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 53 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 05/19/05 - A OGE ENERGY CORP. *OGE* 670837103 03/21/05 23,843 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A ONEOK, INC. *OKE* 682680103 03/23/05 27,105 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/19/05 - A PENNSYLVANIA REAL ESTATE 709102107 04/01/05 9,410 INVESTMENT TRUST *PEI* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A POST PROPERTIES, INC. *PPS* 737464107 03/28/05 11,130 1 Elect Directors For For Mgmt 2 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 05/19/05 - A RECKSON ASSOCIATES REALTY CORP. *RA* 75621K106 03/21/05 21,986 1 Elect Directors For Split Mgmt 1.1 Elect Director Scott H. Rechler --- For 1.2 Elect Director Douglas Crocker Ii --- For 1.3 Elect Director Elizabeth Mccaul --- For 1.4 Elect Director Ronald H. Menaker --- For 1.5 Elect Director Peter Quick --- For 1.6 Elect Director Lewis S. Ranieri --- Withhold Lewis S. Ranieri is an affiliated outsider on the compensation and nominating committees. 1.7 Elect Director John F. Ruffle --- For 1.8 Elect Director Stanley Steinberg --- For 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 54 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 05/19/05 - A WPS RESOURCES CORP. *WPS* 92931B106 03/24/05 10,322 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Approve Outside Director Stock For For Mgmt Awards/Options in Lieu of Cash 05/19/05 - A XOMA LTD. *XOMA* G9825R107 04/01/05 24,306 MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For Split Mgmt 1.1 Elect Director James G. Andress --- For 1.2 Elect Director William K. Bowes, Jr. --- For 1.3 Elect Director John L. Castello --- For 1.4 Elect Director Peter B. Hutt --- For 1.5 Elect Director Arthur Kornberg, M.D. --- For 1.6 Elect Director P.J. Scannon, Md, Ph.D --- For 1.7 Elect Director W. Denman Van Ness --- For 1.8 Elect Director Patrick J. Zenner --- Withhold Nominee sits on more than 6 outside boards 2 Ratify Auditors For For Mgmt 3 PROPOSAL TO APPROVE THE For For Mgmt INCREASE OF THE COMPANY S AUTHORIZED SHARE CAPITAL BY THE CREATION OF AN ADDITIONAL 75,000,000 COMMON SHARES, AS DESCRIBED IN THE PROXY STATEMENT. 05/20/05 - A ASTEC INDUSTRIES, INC. *ASTE* 046224101 03/15/05 4,243 1 Elect Directors For For Mgmt 2 Other Business For Against Mgmt Details of other business items not disclosed 05/20/05 - A CMS ENERGY CORP. *CMS* 125896100 03/31/05 53,515 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/21/05 - A DILLARD'S, INC. *DDS* 254067101 03/31/05 19,484 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 55 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 2 Ratify Auditors For For Mgmt 3 Approve Restricted Stock Plan For Against Mgmt The initiative cannot be supported as the total dilution under all plans is greater than the allowable cap of 15%. 4 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 5 Approve Non-Employee Director For Against Mgmt Restricted Stock Plan The initiative cannot be supported as the total dilution under all plans is greater than the allowable cap of 15% and other terms of the plan. 6 ILO Standards Against Against ShrHoldr 05/23/05 - A GRANITE CONSTRUCTION INC. *GVA* 387328107 03/25/05 9,045 1 Elect Directors For For Mgmt 2 Ratification of Directorship For For Mgmt 3 Ratify Auditors For For Mgmt 05/23/05 - S USF CORP. 91729Q101 04/21/05 7,870 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 05/24/05 - A CALLAWAY GOLF CO. *ELY* 131193104 03/25/05 18,331 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - S COMPUTER NETWORK TECHNOLOGY CORP. 204925101 04/12/05 7,873 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. Mgmt Rec - Company Management Recommended Vote Page 56 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 05/24/05 - A LONGS DRUG STORES CORP. *LDG* 543162101 03/11/05 8,085 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 4 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 05/24/05 - A MASSEY ENERGY COMPANY *MEE* 576206106 03/31/05 21,174 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Non-Employee Director For For Mgmt Omnibus Stock Plan 05/24/05 - S MCDATA CORPORATION *MCDT* 580031201 04/12/05 22,986 1 Issue Shares in Connection with an For For Mgmt Acquisition 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt We believe that all plan participants and former CMNT optionees should have the same rights regarding grants made to them under the company's equity compensation program. However, upon approval of the amendment, the Compensation Committee would have the discretion to determine who would be eligible to receive awards denominated in Class A common and Class B common stock, which going forward, may have the effect of disenfanchising plan participants who receive awards in Class B common stock. We recognize that a vote against this amendment would result in two temporary classes of optionees. However, the Class A option class would be eliminated once all former CMNT optionees exercise their options to purchase Class A common stock. Given: (1) that the company has not disclosed its intentions regarding the potential recipients of awards covering Class A common and Mgmt Rec - Company Management Recommended Vote Page 57 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- Class B common stock and (2) that approval of the proposed amendment may disenfranchise certain plan participants going forward, this item does not warrant shareholder support. 05/24/05 - A TELETECH HOLDINGS, INC. *TTEC* 879939106 04/01/05 10,832 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock For For Mgmt Purchase Plan 3 Ratify Auditors For For Mgmt 4 Adopt MacBride Principles Against Against ShrHoldr 05/24/05 - A VENTAS, INC. *VTR* 92276F100 03/28/05 23,653 1 Elect Directors For Split Mgmt 1.1 Elect Director Debra A. Cafaro --- For 1.2 Elect Director Ronald G. Geary --- Withhold Ronald G. Geary is an affiliated outsider on the audit committe. 1.3 Elect Director Douglas Crocker II --- For 1.4 Elect Director Christopher T. Hannon --- For 1.5 Elect Director Thomas C. Theobald --- For 1.6 Elect Director Jay M. Gellert --- For 1.7 Elect Director Sheli Z. Rosenberg --- For 2 Ratify Auditors For For Mgmt 3 Approve Qualified Employee Stock For For Mgmt Purchase Plan 05/25/05 - A ACTUATE CORP. *ACTU* 00508B102 04/04/05 16,468 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/25/05 - A ARDEN REALTY, INC. *ARI* 039793104 03/31/05 18,374 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Submit Severance Agreement Against For ShrHoldr (Change-in-Control) to Shareholder Vote The compensation committee is not entirely independent, therefore, this proposal will be supported. Mgmt Rec - Company Management Recommended Vote Page 58 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 05/25/05 - A ARRIS GROUP INC *ARRS* 04269Q100 04/08/05 23,163 1 Elect Directors For Split Mgmt 1.1 Elect Director Alex B. Best --- For 1.2 Elect Director Harry L. Bosco --- For 1.3 Elect Director John Anderson Craig --- For 1.4 Elect Director Matthew B. Kearney --- For 1.5 Elect Director William H. Lambert --- Withhold William H. Lambert is an affiliated outsider on the compensation and nominating committees. 1.6 Elect Director John R. Petty --- For 1.7 Elect Director Robert J. Stanzione --- For 2 Ratify Auditors For For Mgmt 05/25/05 - A BLACK HILLS CORP. *BKH* 092113109 04/06/05 9,150 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/25/05 - A CALPINE CORP. *CPN* 131347106 04/01/05 125,100 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt 05/25/05 - A GRAFTECH INTERNATIONAL, LTD. *GTI* 384313102 03/28/05 27,347 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/25/05 - A HELIX TECHNOLOGY CORP. *HELX* 423319102 05/02/05 7,300 1 Elect Directors For Split Mgmt 1.1 Elect Director Gideon Argov --- For 1.2 Elect Director Frank Gabron --- Withhold WITHHOLD votes from Frank Gabron for standing as an affiliated outsider on the Audit Committee. 1.3 Elect Director James Gentilcore --- For Mgmt Rec - Company Management Recommended Vote Page 59 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 1.4 Elect Director Robert H. Hayes --- For 1.5 Elect Director Robert J. Lepofsky --- For 1.6 Elect Director Marvin G. Schorr --- For 1.7 Elect Director Alfred Woollacott, III --- For 1.8 Elect Director Mark S. Wrighton --- For 05/25/05 - A SAFEGUARD SCIENTIFICS, INC. *SFE* 786449108 04/05/05 33,422 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/25/05 - A SUPERIOR ENERGY SERVICES, INC. *SPN* 868157108 03/31/05 21,073 1 Elect Directors For Split Mgmt 1.1 Elect Director Enoch L. Dawkins --- Withhold WITHHOLD votes from Enoch L. Dawkins for standing as an affiliated outsider on the Compensation and Nominating committees. 1.2 Elect Director James M. Funk --- For 1.3 Elect Director Terence E. Hall --- For 1.4 Elect Director Ernest E. Howard, III --- For 1.5 Elect Director Richard A. Pattarozzi --- For 1.6 Elect Director Justin L. Sullivan --- For 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/25/05 - A VEECO INSTRUMENTS, INC. *VECO* 922417100 04/01/05 7,300 1 Elect Directors For Split Mgmt 1.1 Elect Director Joel A. Elftmann --- Withhold Joel A. Elftmann is an affiliated outsider on the audit committee. 1.2 Elect Director Paul R. Low --- For 1.3 Elect Director Peter J. Simone --- Withhold Peter J. Simone is an affiliated outisider on the audit committe. 2 Amend Qualified Employee Stock For For Mgmt Purchase Plan 3 Amend Omnibus Stock Plan For Against Mgmt Mgmt Rec - Company Management Recommended Vote Page 60 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 4 Ratify Auditors For For Mgmt 05/26/05 - A ANNALY MORTGAGE MANAGEMENT *NLY* 035710409 03/25/05 33,484 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 05/26/05 - A BOWNE & CO., INC. *BNE* 103043105 04/01/05 9,595 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A CHIQUITA BRANDS INTERNATIONAL, 170032809 04/01/05 10,852 INC. *CQB* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A HARMONIC INC. *HLIT* 413160102 04/01/05 20,309 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A HORACE MANN EDUCATORS CORP. *HMN* 440327104 03/28/05 12,068 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/26/05 - A INFORMATICA CORPORATION *INFA* 45666Q102 04/04/05 24,300 1 Elect Directors For Split Mgmt 1.1 Elect Director A. Brooke Seawell --- For 1.2 Elect Director Mark A. Bertelsen --- Withhold WITHHOLD votes from Mark A. Bertelsen for standing as an affiliated outsider on the Nominating Committee. 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 61 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 05/26/05 - A MERISTAR HOSPITALITY CORPORATION *MHX* 58984Y103 04/20/05 24,576 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Stock For For Mgmt Option Plan 3 Ratify Auditors For For Mgmt 05/26/05 - A MICREL, INC. *MCRL* 594793101 04/01/05 18,665 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/26/05 - A NORTHWEST NATURAL GAS CO. *NWN* 667655104 04/07/05 7,665 1 Elect Directors For For Mgmt 05/26/05 - A PAYLESS SHOESOURCE, INC. *PSS* 704379106 04/01/05 19,157 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A QUANTA SERVICES, INC. *PWR* 74762E102 03/28/05 28,373 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A RSA SECURITY INC. *RSAS* 749719100 04/05/05 19,596 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%, and other terms of the plan. 3 Amend Qualified Employee Stock For For Mgmt Purchase Plan 4 Ratify Auditors For For Mgmt 05/26/05 - A SYBASE, INC. *SY* 871130100 04/01/05 27,000 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. Mgmt Rec - Company Management Recommended Vote Page 62 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Ratify Auditors For For Mgmt 05/26/05 - A THE CATO CORPORATION *CTR* 149205106 03/29/05 5,618 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert W. Bradshaw, Jr. ---Withhold WITHHOLD votes from Robert W. Bradshaw, Jr. for standing as an affiliated outsider on the Audit and Nominating Committees. 1.2 Elect Director Grant L. Hamrick --- For 1.3 Elect Director Michael O. Moore --- For 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 05/26/05 - A YORK INTERNATIONAL CORP 986670107 03/28/05 11,658 *YRK* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/27/05 - A CSG SYSTEMS INTERNATIONAL, INC. 126349109 03/29/05 13,737 *CSGS* 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the size of the requested authorization, the total level of potential dilution under all plans is above the allowable cap of 18%. 05/27/05 - A ECHELON CORPORATION *ELON* 27874N105 03/31/05 9,303 1 Elect Directors For Split Mgmt 1.1 Elect Director M. Kenneth Oshman --- For 1.2 Elect Director Larry W. Sonsini --- Withhold WITHHOLD votes from Larry W. Sonsini for standing as an affiliated outsider on the Nominating Committee. 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 63 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------- 05/27/05 - A VIGNETTE CORP. *VIGN* 926734104 04/01/05 81,219 1 Elect Directors For For Mgmt 2 Approve Reverse Stock Split For For Mgmt 3 Ratify Auditors For For Mgmt 05/31/05 - A GREATER BAY BANCORP *GBBK* 391648102 04/04/05 14,419 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Amend Articles to Remove Antitakeover Against For ShrHoldr Provisions In this case, the company's poison pill has a ten percent trigger, was not approved by shareholders, and does not embody favorable features. Therefore, the preferred shares should not be issued in connection with the existing shareholder rights plan. 06/01/05 - A INCYTE CORP. *INCY* 45337C102 04/07/05 23,207 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 3 Ratify Auditors For For Mgmt 06/01/05 - A INGRAM MICRO, INC. *IM* 457153104 04/04/05 35,237 1 Elect Directors For Split Mgmt 1.1 Elect Director Kent B. Foster --- For 1.2 Elect Director Howard I. Atkins --- For 1.3 Elect Director Martha R. Ingram --- Withhold Martha R. Ingram is an affiliate outsider on the nominating committee. 1.4 Elect Director Linda Fayne Levinson --- For 1.5 Elect Director Kevin M. Murai --- For 1.6 Elect Director G.M.E. Spierkel --- For 06/01/05 - A SAVIENT PHARMACEUTICALS, INC *SVNT* 80517Q100 04/11/05 17,129 1 Elect Directors For Split Mgmt 1.1 Elect Director Christopher Clement --- For Mgmt Rec - Company Management Recommended Vote Page 64 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------- 1.2 Elect Director Herbert Conrad --- For 1.3 Elect Director Jeremy Hayward-Surry --- For 1.4 Elect Director Stephen O. Jaeger --- For 1.5 Elect Director Carl E. Kaplan --- Withhold WITHHOLD votes from Carl E. Kaplan for standing as an affiliated outsider on the Compensation Committee. 1.6 Elect Director David Tendler --- For 1.7 Elect Director Virgil Thompson --- For 1.8 Elect Director Faye Wattleton --- For 1.9 Elect Director Herbert Weissbach --- For 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Seek Sale of Company Against Against ShrHoldr 06/01/05 - A TRIARC COMPANIES, INC. *TRY* 895927309 04/12/05 5,053 1 Elect Directors For Split Mgmt 1.1 Elect Director Nelson Peltz --- For 1.2 Elect Director Peter W. May --- For 1.3 Elect Director Hugh L. Carey --- For 1.4 Elect Director Clive Chajet --- For 1.5 Elect Director Edward P. Garden --- For 1.6 Elect Director Joseph A. Levato --- Withhold Joseph A. Levato is an affiliated outsider on the audit and compensation committees. 1.7 Elect Director Gregory H. Sachs --- For 1.8 Elect Director David E. Schwab II --- For 1.9 Elect Director Raymond S. Troubh --- For 1.10 Elect Director Gerald Tsai, Jr. --- For 1.11 Elect Director Jack G. Wasserman --- For 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/02/05 - A ARTESYN TECHNOLOGIES, INC. *ATSN* 043127109 04/08/05 10,654 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 65 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 06/02/05 - A ELECTRONICS FOR IMAGING, INC. *EFII* 286082102 04/12/05 15,100 1 Elect Directors For For Mgmt 06/02/05 - A INTERWOVEN, INC. *IWOV* 46114T508 04/15/05 10,227 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/02/05 - A SILICON STORAGE TECHNOLOGY, INC. 827057100 04/19/05 23,591 *SSTI* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/03/05 - A ACTEL CORP. *ACTL* 004934105 04/15/05 7,200 1 Elect Directors For Split Mgmt 1.1 Elect Director John C. East --- For 1.2 Elect Director James R. Fiebiger --- For 1.3 Elect Director Jacob S. Jacobsson --- For 1.4 Elect Director J. Daniel Mccranie --- For 1.5 Elect Director Henry L. Perret --- Withhold WITHHOLD votes from Henry L. Perret for standing as an affiliated outsider on the Audit Committee, and from Compensation Committee 1.6 Elect Director Robert G. Spencer --- For 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 06/03/05 - A COEUR D' ALENE MINES CORP. *CDE* 192108108 03/25/05 66,943 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 06/03/05 - A OAKLEY, INC. *OO* 673662102 03/31/05 7,293 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 66 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 2 Ratify Auditors For For Mgmt 06/03/05 - A WATCHGUARD TECHNOLOGIES, INC. *WGRD* 941105108 04/06/05 8,287 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/06/05 - A C&D TECHNOLOGIES, INC. *CHP* 124661109 04/18/05 7,071 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/06/05 - A NAUTILUS INC *NLS* 63910B102 04/11/05 8,655 1 Elect Directors For Split Mgmt 1.1 Elect Director Peter A. Allen --- For 1.2 Elect Director Robert S. Falcone --- For 1.3 Elect Director Greggory C. Hammann --- For 1.4 Elect Director Frederick T. Hull --- For 1.5 Elect Director Donald W. Keeble --- For 1.6 Elect Director Paul F. Little --- Withhold WITHHOLD votes from Paul F. Little for sitting on more than six boards. 1.7 Elect Director Diane L. Neal --- For 1.8 Elect Director James M. Weber --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 06/07/05 - A MAXYGEN, INC. *MAXY* 577776107 04/11/05 7,569 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/07/05 - A PRESSTEK, INC. *PRST* 741113104 04/18/05 7,913 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/07/05 - A STEWART & STEVENSON SERVICES, INC. 860342104 04/20/05 7,235 *SVC* 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 67 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 2 Ratify Auditors For For Mgmt 06/08/05 - A CHECKPOINT SYSTEMS, INC. *CKP* 162825103 04/19/05 10,539 1 Elect Directors For For Mgmt 06/08/05 - A NEWPARK RESOURCES, INC. *NR* 651718504 04/15/05 24,119 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/08/05 - A THE PEP BOYS - MANNY, MOE & JACK 713278109 04/08/05 16,283 *PBY* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 06/08/05 - A WIND RIVER SYSTEMS, INC. *WIND* 973149107 04/11/05 21,883 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 06/09/05 - A LEXAR MEDIA, INC. *LEXR* 52886P104 04/14/05 21,100 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/09/05 - A REALNETWORKS, INC. *RNWK* 75605L104 04/12/05 31,636 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. Mgmt Rec - Company Management Recommended Vote Page 68 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 06/10/05 - A REGENERON PHARMACEUTICALS, INC. 75886F107 04/15/05 9,802 *REGN* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/16/05 - A CONTINENTAL AIRLINES, INC. *CAL* 210795308 04/21/05 18,657 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed 06/16/05 - A HERCULES INC. *HPC* 427056106 04/18/05 28,321 1 Elect Directors For Split Mgmt 1.1 Elect Director Anna Cheng Catalano --- For 1.2 Elect Director Burton M. Joyce --- For 1.3 Elect Director Jeffrey M. Lipton --- Withhold Jeffrey M. Lipton is an affiliated outsider on the compensation and nominating committee. 1.4 Elect Director John K. Wulff --- For 2 Ratify Auditors For For Mgmt 06/21/05 - A LONE STAR STEAKHOUSE & SALOON, INC. 542307103 05/09/05 4,594 *STAR* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/21/05 - A SAXON CAPITAL INC. *SAX* 80556T106 03/31/05 14,000 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/23/05 - A ALPHARMA INC. *ALO* 020813101 04/25/05 11,136 1 Elect Directors For For Mgmt 06/23/05 - A CHARMING SHOPPES, INC. *CHRS* 161133103 05/04/05 29,948 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 69 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 06/23/05 - A MACK-CALI REALTY CORP. *CLI* 554489104 04/22/05 17,138 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 06/23/05 - A STEELCASE INC. *SCS* 858155203 04/27/05 15,142 1 Elect Directors For For Mgmt 06/23/05 - A VALUEVISION MEDIA, INC. *VVTV* 92047K107 04/29/05 7,206 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/24/05 - A AMERICAN GREETINGS CORP. *AM* 026375105 05/02/05 18,028 1 Elect Directors For Split Mgmt 1.1 Elect Director Stephen R. Hardis --- Withhold WITHHOLD votes from Stephen R. Hardis for sitting on more than six boards. 1.2 Elect Director Morry Weiss --- For 06/27/05 - A ESS TECHNOLOGY, INC. *ESST* 269151106 04/29/05 9,944 1 Elect Directors For For Mgmt 2 Change State of Incorporation From For Against Mgmt California to Delaware Reincorporation to state with more antitakeover provisions. 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the total level of potential dilution under all plans is above the allowable cap of 18%, and the plan permits repricing. 4 Approve Stock Option Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 18%. 5 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 70 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES U.S. SMALL CAP VALUE INDEX FUND - J923 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------- 06/28/05 - A IMPAC MORTGAGE HOLDINGS, INC. *IMH* 45254P102 04/25/05 20,949 1 Elect Directors For Split Mgmt 1.1 Elect Director Joseph R. Tomkinson --- For 1.2 Elect Director William S. Ashmore --- For 1.3 Elect Director James Walsh --- For 1.4 Elect Director Frank P. Filipps --- Withhold Frank P. Filipps is an affiliated outsider on the audit committee. 1.5 Elect Director Stephan R. Peers --- Withhold Stephan R. Peers is an affiliated outsider on the audit and nominating committees. 1.6 Elect Director William E. Rose --- For 1.7 Elect Director Leigh J. Abrams --- For 06/28/05 - A SIX FLAGS, INC. *PKS* 83001P109 04/29/05 20,984 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt 06/30/05 - A PIER 1 IMPORTS, INC *PIR* 720279108 04/27/05 22,321 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 71 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - -------------------------------------------------------------------------------------------------------------------- 07/16/04 - A DELL INC. *DELL* 24702R101 05/21/04 15,243 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Expense Stock Options Against Against ShrHoldr 07/27/04 - A VODAFONE GROUP PLC 92857W100 06/11/04 60,248 MEETING FOR HOLDERS OF ADRS 1 TO RECEIVE THE REPORT OF THE DIRECTORS AND For For Mgmt FINANCIAL STATEMENTS 2 TO APPROVE THE REMUNERATION REPORT For For Mgmt 3 TO RE-ELECT PETER BAMFORD AS A DIRECTOR For For Mgmt 4 TO RE-ELECT JULIAN HORN-SMITH AS A DIRECTOR For For Mgmt 5 TO RE-ELECT SIR DAVID SCHOLEY AS A DIRECTOR For For Mgmt (MEMBER OF THE NOMINATIONS AND GOVERNANCE AND AUDIT COMMITTEE) 6 TO ELECT LUC VANDEVELDE AS A DIRECTOR For For Mgmt (MEMBER OF THE REMUNERATION COMMITTEE) 7 TO APPROVE A FINAL DIVIDEND OF 1.07800 For For Mgmt PENCE PER ORDINARY SHARE 8 Ratify Auditors For For Mgmt 9 TO AUTHORIZE THE AUDIT COMMITTEE TO For For Mgmt DETERMINE THE AUDITORS REMUNERATION 10 TO AUTHORIZE DONATIONS UNDER THE POLITICAL For For Mgmt PARTIES, ELECTIONS AND REFERENDUMS ACT 2000 11 TO RENEW AUTHORITY TO ALLOT SHARES UNDER For For Mgmt ARTICLE 16.2 OF THE COMPANY S ARTICLES OF ASSOCIATION 12 TO RENEW AUTHORITY TO DISAPPLY PRE-EMPTION For For Mgmt RIGHTS UNDER ARTICLE 16.3 OF THE COMPANY S ARTICLES OF ASSOCIATION+ 13 TO AUTHORIZE THE COMPANY S PURCHASE OF ITS For For Mgmt OWN SHARES+ 14 TO AUTHORIZE THE COMPANY S PURCHASE OF ITS For For Mgmt OWN SHARES PURSUANT TO CONTINGENT PURCHASE CONTRACTS AND OFF-MARKET PURCHASES+ Mgmt Rec - Company Management Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 10/12/04 - A THE PROCTER & GAMBLE COMPANY *PG* 742718109 07/30/04 30,594 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Declassify the Board of Directors Against Against Mgmt 5 Implement/ Report on Animal Welfare Against Against ShrHoldr Standards 11/09/04 - A MICROSOFT CORP. *MSFT* 594918104 09/10/04 141,458 1 Elect Directors For For Mgmt 2 Amend Bundled Compensation Plans For For Mgmt 3 Amend Bundled Compensation Plans For For Mgmt 4 Amend Stock Option Plan For For Mgmt 5 Ratify Auditors For For Mgmt 11/18/04 - A CISCO SYSTEMS, INC. *CSCO* 17275R102 09/20/04 93,918 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Pay Disparity Against Against ShrHoldr 01/27/05 - A SIEMENS AG 826197501 12/10/04 12,625 MEETING FOR HOLDERS OF ADRS 1 TO CONSIDER AND VOTE UPON APPROPRIATION OF For For Mgmt THE NET INCOME OF SIEMENS AG TO A DIVIDEND PAYOUT. 2 TO RATIFY THE ACTS OF THE MANAGING BOARD. For For Mgmt 3 TO RATIFY THE ACTS OF THE SUPERVISORY BOARD. For For Mgmt 4 Ratify Auditors For For Mgmt 5 TO CONSIDER AND VOTE UPON AN ELECTION TO For For Mgmt THE SUPERVISORY BOARD. 6 TO CONSIDER AND VOTE UPON A RESOLUTION For For Mgmt AUTHORIZING THE ACQUISITION AND USE OF SIEMENS SHARES AND THE EXCLUSION OF SHAREHOLDERS PREEMPTIVE AND TENDER RIGHTS. 7 TO CONSIDER AND VOTE UPON ADJUSTMENTS TO For For Mgmt SUPERVISORY BOARD REMUNERATION AND RELATED AMENDMENTS TO THE ARTICLES OF ASSOCIATION. Mgmt Rec - Company Management Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 8 TO CONSIDER AND VOTE UPON AN AMENDMENT TO For For Mgmt THE ARTICLES OF ASSOCIATION TO ADJUST TO NEW LEGISLATION. 02/11/05 - A THE WALT DISNEY COMPANY *DIS* 254687106 12/17/04 30,780 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Prohibit Greenmail Payments Against For ShrHoldr SSGA supports proposals that seek to repeal or prohibit greenmail provisions. 5 Report on Vendor Standards in China Against Against ShrHoldr 02/28/05 - A SAMSUNG ELECTRONICS CO. LTD. 796050888 12/31/04 3,750 MEETING FOR HOLDERS OF ADRS 1 APPROVAL OF THE BALANCE SHEET, INCOME For For Mgmt STATEMENT AND STATEMENT OF APPROPRIATION OF RETAINED EARNINGS (DRAFT) FOR THE 36TH FISCAL YEAR (FROM JANUARY 1, 2004 TO DECEMBER 31, 2004), AS SET FORTH IN THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH. 2 APPROVAL OF THE APPOINTMENT OF IN-JOO KIM For For Mgmt AS AN EXECUTIVE DIRECTOR, AS SET FORTH IN THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH. 3 APPROVAL OF THE COMPENSATION CEILING FOR For For Mgmt THE DIRECTORS, AS SET FORTH IN THE COMPANY S NOTICE OF MEETING ENCLOSED HEREWITH. 03/01/05 - A NOVARTIS AG 66987V109 01/27/05 45,544 MEETING FOR HOLDERS OF ADRS 1 APPROVAL OF THE ANNUAL REPORT, THE For For Mgmt FINANCIAL STATEMENTS OF NOVARTIS AG AND THE GROUP CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR 2004. 2 APPROVAL OF THE ACTIVITIES OF THE BOARD OF For For Mgmt DIRECTORS. Mgmt Rec - Company Management Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 APPROPRIATION OF AVAILABLE EARNINGS OF For For Mgmt NOVARTIS AG AS PER BALANCE SHEET AND DECLARATION OF DIVIDEND. 4 REDUCTION OF SHARE CAPITAL. For For Mgmt 5 FURTHER SHARE REPURCHASE PROGRAM. For For Mgmt 6 RE-ELECTION OF DR. H.C. BIRGIT BREUEL FOR A For For Mgmt TWO-YEAR TERM. 7 RE-ELECTION OF PROF. DR. PETER BURCKHARDT For For Mgmt FOR A THREE-YEAR TERM. 8 RE-ELECTION OF ALEXANDRE F. JETZER FOR A For For Mgmt THREE-YEAR TERM. 9 RE-ELECTION OF PIERRE LANDOLT FOR A THREE For For Mgmt YEAR TERM. 10 RE-ELECTION OF PROF. DR. ULRICH LEHNER FOR For For Mgmt A THREE YEAR TERM. 11 Ratify Auditors For For Mgmt 03/15/05 - A MORGAN STANLEY *MWD* 617446448 01/14/05 15,011 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Limit Executive Compensation Against Against ShrHoldr 04/07/05 - A NOKIA CORP. 654902204 02/02/05 84,761 MEETING FOR HOLDERS OF ADRS 2 APPROVAL OF THE INCOME STATEMENTS AND THE For For Mgmt BALANCE SHEET. 3 APPROVAL OF A PROPOSAL TO THE ANNUAL For For Mgmt GENERAL MEETING OF A DIVIDEND OF EUR 0.33 PER SHARE. 4 DISCHARGE OF THE CHAIRMAN, THE MEMBERS OF For For Mgmt THE BOARD OF DIRECTORS, AND THE PRESIDENT, FROM LIABILITY. 6 PROPOSAL ON THE COMPOSITION OF THE BOARD AS For For Mgmt PROPOSED BY THE CORPORATE GOVERNANCE AND NOMINATION COMMITTEE. 7 Elect Directors For For Mgmt 8 APPROVAL OF THE REMUNERATION TO BE PAID TO For For Mgmt THE AUDITOR. 9 APPROVAL OF THE RE-ELECTION OF For For Mgmt PRICEWATERHOUSECOOPERS OY AS THE AUDITORS FOR FISCAL Mgmt Rec - Company Management Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- YEAR 2005. 10 APPROVAL OF THE PROPOSAL TO GRANT STOCK For For Mgmt OPTIONS TO SELECTED PERSONNEL OF THE COMPANY. 11 APPROVAL OF THE PROPOSAL OF THE BOARD TO For For Mgmt REDUCE THE SHARE CAPITAL THROUGH CANCELLATION OF NOKIA SHARES HELD BY COMPANY. 12 AUTHORIZATION TO THE BOARD TO INCREASE THE For For Mgmt SHARE CAPITAL OF THE COMPANY. 13 AUTHORIZATION TO THE BOARD TO REPURCHASE For For Mgmt NOKIA SHARES. 14 AUTHORIZATION TO THE BOARD TO DISPOSE NOKIA For For Mgmt SHARES HELD BY THE COMPANY. 15 MARK THE FOR BOX IF YOU WISH TO INSTRUCT For Against Mgmt NOKIA S LEGAL COUNSELS TO VOTE IN THEIR DISCRETION ON YOUR BEHALF ONLY UPON ITEM 15. Details of other business items not disclosed. 04/14/05 - A BP PLC (FORM. BP AMOCO PLC ) 055622104 02/18/05 65,393 MEETING FOR HOLDERS OF ADR'S 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 TO GIVE AUTHORITY TO ALLOT SHARES UP TO A For For Mgmt SPECIFIED AMOUNT 4 SPECIAL RESOLUTION: TO GIVE AUTHORITY TO For For Mgmt ALLOT A LIMITED NUMBER OF SHARES FOR CASH WITHOUT MAKING AN OFFER TO SHAREHOLDERS 5 SPECIAL RESOLUTION: TO GIVE LIMITED For For Mgmt AUTHORITY FOR THE PURCHASE OF ITS OWN SHARES BY THE COMPANY 6 TO APPROVE THE DIRECTORS REMUNERATION REPORT For For Mgmt 7 TO APPROVE THE RENEWAL OF EXECUTIVE For For Mgmt DIRECTORS INCENTIVE PLAN 8 TO RECEIVE THE DIRECTORS ANNUAL REPORT AND For For Mgmt THE ACCOUNTS Mgmt Rec - Company Management Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/14/05 - A NESTLE SA H57312466 None 7,365 MANAGEMENT PROPOSALS 1a Accept Financial Statements and Statutory For For Mgmt Reports 1b Accept Consolidated Financial Statements For For Mgmt and Statutory Reports 2 Approve Discharge of Board and Senior For For Mgmt Management 3 Approve Allocation of Income and Dividends For For Mgmt of CHF 8.00 per Share SHAREHOLDER PROPOSALS SUBMITTED BY ETHOS GROUP 4a Amend Articles of Association to Separate Against Against ShrHoldr Position of CEO and Chairman of the Board 4b Amend Articles of Association to Reduce Against For ShrHoldr Board Terms from Five Years to Three Years; Approve Individual Election of Board Members Though stock performance at Nestle is exemplary, the company's nominating committee contains an executive director. Because of the lack of fully independent board committees, it is recommended that shareholders vote in support of this proposal to reduce director terms to three years from five years. 4c Amend Articles of Association to Reduce Against Against ShrHoldr Threshold for Submitting Shareholder Proposals From CHF 1 Million to CHF 100,000 MANAGEMENT PROPOSALS 5 Elect Guenter Blobel as Director For For Mgmt 6 Ratify KPMG Klynveld Peat Marwick Goerdeler For For Mgmt SA as Auditors 04/18/05 - A ELI LILLY AND CO. *LLY* 532457108 02/15/05 17,504 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 4 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 5 Report on Product Availability in Canada Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Adopt Policy on Performance-based Stock Against For ShrHoldr Option Grants SSGA supports proposals that ask for performance-based compensation. Mgmt Rec - Company Management Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 8 Eliminate Animal Testing Against Against ShrHoldr 04/19/05 - A CITIGROUP INC. *C* 172967101 02/25/05 93,699 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Limit/Prohibit Awards to Executives Against Against ShrHoldr 5 Report on Political Contributions Against Against ShrHoldr 6 Prohibit Chairman From Management Duties, Against Against ShrHoldr Titles or Responsibilities 7 Limit Executive Compensation Against Against ShrHoldr 8 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 9 Review/Limit Executive Compensation Against Against ShrHoldr 10 Adopt Simple Majority Vote Against For ShrHoldr SSGA supports shareholder proposals seeking to eliminate supermajority vote requirements, as they may serve as entrenchment devices for management and therefore are not in the shareholders' best interest. 04/19/05 - A THE COCA-COLA COMPANY *KO* 191216100 02/22/05 40,808 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Review Labor Rights in Columbia Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 5 Submit Severance Agreement to Shareholder Against Against ShrHoldr Vote 04/20/05 - A ROYAL BANK OF SCOTLAND GROUP PLC G76891111 None 0 (The) 1 Accept Financial Statements and Statutory For Not Voted Mgmt Reports 2 Approve Remuneration Report For Not Voted Mgmt 3 Approve Final Dividend of 41.2 Pence Per For Not Voted Mgmt Share 4 Re-elect Jim Currie as Director For Not Voted Mgmt 5 Re-elect Sir Fred Goodwin as Director For Not Voted Mgmt 6 Re-elect Sir Steve Robson as Director For Not Voted Mgmt 7 Elect Archie Hunter as Director For Not Voted Mgmt 8 Elect Charles Koch as Director For Not Voted Mgmt 9 Elect Joe MacHale as Director For Not Voted Mgmt 10 Reappoint Deloitte & Touche LLP as Auditors For Not Voted Mgmt of the Company 11 Authorise Board to Fix Remuneration of Mgmt Rec - Company Management Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- the Auditors For Not Voted Mgmt 12 Approve Increase in Authorised Share For Not Voted Mgmt Capital; Authorise Issue of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 264,579,936 13 Authorise Issue of Equity or Equity-Linked For Not Voted Mgmt Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 39,686,990 14 Authorise 317,495,924 Shares for Market For Not Voted Mgmt Purchase 15 Approve 71 M Category II Non-Cumulative US$ For Not Voted Mgmt Pref. Shares; Allot the Newly Created and 179.5 M Unissued Category II Non-Cumulative US$ Pref. Shares, the 64.75 M Unissued Non-Cumulative Euro Pref. Shares and 300 M Unissued Non-Cumulative GBP Pref. Shares 16 Approve Citizens Financial Group, Inc. Long For Not Voted Mgmt Term Incentive Plan 04/21/05 - A UBS AG H8920M855 03/09/05 19,011 MEETING FOR THE HOLDERS OF ADRS 1 ANNUAL REPORT, GROUP AND PARENT COMPANY For For Mgmt ACCOUNTS FOR 2004. REPORTS OF THE GROUP AND STATUTORY AUDITORS 2 APPROPRIATION OF RETAINED EARNINGS. For For Mgmt DIVIDEND FOR FINANCIAL YEAR 2004 3 DISCHARGE OF THE MEMBERS OF THE BOARD OF For For Mgmt DIRECTORS AND THE GROUP EXECUTIVE BOARD 4 RE-ELECTION OF BOARD MEMBER: MARCEL OSPEL For For Mgmt 5 RE-ELECTION OF BOARD MEMBER: LAWRENCE A. For For Mgmt WEINBACH 6 ELECTION OF NEW BOARD MEMBER: MARCO SUTER For For Mgmt 7 ELECTION OF NEW BOARD MEMBER: PETER R. VOSER For For Mgmt 8 RE-ELECTION OF GROUP AND STATUTORY For For Mgmt AUDITORS: ERNST & YOUNG LTD., BASEL 9 CANCELLATION OF SHARES REPURCHASED UNDER For For Mgmt THE 2004/2005 SHARE BUYBACK PROGRAM AND RESPECTIVE AMENDMENT OF ARTICLE 4 OF THE Mgmt Rec - Company Management Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- ARTICLES OF ASSOCIATION 10 APPROVAL OF A NEW 2005/2006 SHARE BUYBACK For For Mgmt PROGRAM 11 IN CASE OF AD-HOC SHAREHOLDERS MOTIONS For Against Mgmt DURING THE ANNUAL GENERAL MEETING, I/WE AUTHORIZE MY/OUR PROXY TO VOTE IN ACCORDANCE WITH THE BOARD OF DIRECTORS There was not enough information available to make an informed voting decision. 04/21/05 - A WYETH *WYE* 983024100 03/04/05 24,191 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Discontinue Promotion of Premarin and Against Against ShrHoldr Report on Animal Testing 04/22/05 - A ABBOTT LABORATORIES *ABT* 002824100 02/23/05 28,345 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Link Executive Compensation to Government Against Against ShrHoldr Fines 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports perforamance-based compensation. 5 Eliminate Animal Testing Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Report on Operational Imact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 8 Separate Chairman and CEO Positions Against Against ShrHoldr 04/25/05 - A BELLSOUTH CORP. *BLS* 079860102 03/07/05 33,291 1 Elect Directors For Split Mgmt 1.1 Elect Director F. Duane Ackerman --- For 1.2 Elect Director Reuben V. Anderson --- For 1.3 Elect Director James H. Blanchard --- For 1.4 Elect Director J. Hyatt Brown --- Withhold WITHHOLD votes from J. Hyatt Brown for sitting on Mgmt Rec - Company Management Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- more than four public boards. 1.5 Elect Director Armando M. Codina --- For 1.6 Elect Director Kathleen F. Feldstein --- For 1.7 Elect Director James P. Kelly --- For 1.8 Elect Director Leo F. Mullin --- For 1.9 Elect Director William S. Stavropoulos --- For 1.10 Elect Director Robin B. Smith --- For 2 Ratify Auditors For For Mgmt 3 Political Contributions Against Against ShrHoldr 04/26/05 - A ING GROEP NV 456837103 03/21/05 35,403 MEETING FOR HOLDERS OF ADR'S 1 ANNUAL ACCOUNTS FOR 2004. For For Mgmt 2 DIVIDEND FOR 2004. For For Mgmt 3 DISCHARGE OF THE EXECUTIVE BOARD IN RESPECT For For Mgmt OF THE DUTIES PERFORMED DURING THE YEAR 2004. 4 DISCHARGE OF THE SUPERVISORY BOARD IN For For Mgmt RESPECT OF THE DUTIES PERFORMED DURING THE YEAR 2004. 5 ING S RESPONSE TO THE DUTCH CORPORATE For For Mgmt GOVERNANCE CODE. 6 REAPPOINTMENT OF LUELLA GROSS GOLDBERG. For For Mgmt 7 REAPPOINTMENT OF GODFRIED VAN DER LUGT. For For Mgmt 8 APPOINTMENT OF JAN HOMMEN. For For Mgmt 9 APPOINTMENT OF CHRISTINE LAGARDE. For For Mgmt 10 MAXIMUM NUMBER OF STOCK OPTIONS AND For For Mgmt PERFORMANCE SHARES TO BE GRANTED TO MEMBERS OF THE EXECUTIVE BOARD FOR 2004. 11 AUTHORIZATION TO ISSUE ORDINARY SHARES WITH For For Mgmt OR WITHOUT PREFERENTIAL RIGHTS. 12 AUTHORIZATION TO ISSUE PREFERENCE B SHARES For For Mgmt WITH OR WITHOUT PREFERENTIAL RIGHTS. 13 AUTHORIZATION TO ACQUIRE SHARES OR For For Mgmt DEPOSITARY RECEIPTS FOR SHARES IN ITS OWN CAPITAL. Mgmt Rec - Company Management Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/26/05 - A INTERNATIONAL BUSINESS MACHINES CORP. 459200101 02/25/05 31,138 *IBM* 1 Elect Directors For Split Mgmt 1.1 Elect Director Cathleen Black --- For 1.2 Elect Director Kenneth I. Chenault --- For 1.3 Elect Director Juergen Dormann --- For 1.4 Elect Director Michael L. Eskew --- Withhold WITHHOLD votes for standing as an affiliated outsider on the Audit Committee. 1.5 Elect Director Carlos Ghosn --- For 1.6 Elect Director Charles F. Knight --- For 1.7 Elect Director Minoru Makihara --- For 1.8 Elect Director Lucio A. Noto --- For 1.9 Elect Director Samuel J. Palmisano --- For 1.10 Elect Director Joan E. Spero --- For 1.11 Elect Director Sidney Taurel --- For 1.12 Elect Director Charles M. Vest --- For 1.13 Elect Director Lorenzo H. Zambrano --- For 2 Ratify Auditors For For Mgmt 3 Restore or Provide for Cumulative Voting Against Against ShrHoldr 4 Eliminate Age Discrimination in Retirement Against Against ShrHoldr Benefits 5 Calculate Executive Salary Without Regard Against Against ShrHoldr to Pension Income 6 Expense Stock Options Against Against ShrHoldr 7 Report on Executive Compensation Against Against ShrHoldr 8 Report on Outsourcing Against Against ShrHoldr 04/26/05 - A MERCK & CO., INC. *MRK* 589331107 02/25/05 40,320 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prohibit Awards to Executives Against Against ShrHoldr 4 Limit Executive Compensation Against Against ShrHoldr 5 Eliminate Animal Testing Against Against ShrHoldr 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Report on Product Availability in Canada Against Against ShrHoldr 8 Report on Political Contributions Against Against ShrHoldr 9 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/27/05 - A BANK OF AMERICA CORP. *BAC* 060505104 03/04/05 73,748 1 Elect Directors For Split Mgmt 1.1 Elect Director William Barnet, III --- For 1.2 Elect Director Charles W. Coker --- For 1.3 Elect Director John T. Collins --- For 1.4 Elect Director Gary L. Countryman --- Withhold WITHHOLD votes from Gary L. Countryman for standing as an affiliated outsider on the Compensation Committee. 1.5 Elect Director Paul Fulton --- For 1.6 Elect Director Charles K. Gifford --- For 1.7 Elect Director W. Steven Jones --- For 1.8 Elect Director Kenneth D. Lewis --- For 1.9 Elect Director Walter E. Massey --- For 1.10 Elect Director Thomas J. May --- For 1.11 Elect Director Patricia E. Mitchell --- For 1.12 Elect Director Edward L. Romero --- For 1.13 Elect Director Thomas M. Ryan --- For 1.14 Elect Director O. Temple Sloan, Jr. --- For 1.15 Elect Director Meredith R. Spangler --- For 1.16 Elect Director Robert L. Tillman --- For 1.17 Elect Director Jackie M. Ward --- For 2 Ratify Auditors For For Mgmt 3 Report on Political Contributions Against Against ShrHoldr 4 Director Nominee Amendment Against Against ShrHoldr 04/27/05 - A CHEVRON CORP *CVX* 166764100 03/01/05 38,668 1 Elect Directors For Split Mgmt 1.1 Elect Director Samuel H. Armacost --- For 1.2 Elect Director Robert E. Denham --- Withhold Robert E. Denham is an affiliated outsider on the audit committee. 1.3 Elect Director Robert J. Eaton --- For 1.4 Elect Director Sam Ginn --- For 1.5 Elect Director Carla Anderson Hills --- For 1.6 Elect Director Franklyn G. Jenifer --- For 1.7 Elect Director Sam Nunn --- For 1.8 Elect Director David J. O'Reilly --- For Mgmt Rec - Company Management Recommended Vote Page 12 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.9 Elect Director Peter J. Robertson --- For 1.10 Elect Director Charles R. Shoemate --- For 1.11 Elect Director Ronald D. Sugar --- For 1.12 Elect Director Carl Ware --- For 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 4 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 5 Expense Stock Options Against Against ShrHoldr 6 Eliminate Animal Testing Against Against ShrHoldr 7 Report on Drilling in Protected Areas Against Against ShrHoldr 8 Report on Remediation Programs in Ecuador Against Against ShrHoldr 04/27/05 - A GENERAL ELECTRIC CO. *GE* 369604103 02/28/05 191,387 1 Elect Directors For Split Mgmt 1.1 Elect Director James I. Cash, Jr. --- For 1.2 Elect Director William M. Castell --- For 1.3 Elect Director Dennis D. Dammerman --- For 1.4 Elect Director Ann M. Fudge --- For 1.5 Elect Director Claudio X. Gonzalez --- Withhold WITHHOLD votes for sitting on more than four boards. 1.6 Elect Director Jeffrey R. Immelt --- For 1.7 Elect Director Andrea Jung --- For 1.8 Elect Director Alan G. Lafley --- For 1.9 Elect Director Ralph S. Larsen --- For 1.10 Elect Director Rochelle B. Lazarus --- For 1.11 Elect Director Sam Nunn --- For 1.12 Elect Director Roger S. Penske --- For 1.13 Elect Director Robert J. Swieringa --- For 1.14 Elect Director Douglas A. Warner III --- For 1.15 Elect Director Robert C. Wright --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Report on Nuclear Fuel Storage Risks Against Against ShrHoldr 5 Report on PCB Clean-up Costs Against Against ShrHoldr 6 Adopt Policy on Overboarded Directors Against Against ShrHoldr 7 Prepare a Sustainability Report Against Against ShrHoldr 8 Political Contributions/Activities Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 13 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 9 Eliminate Animal Testing Against Against ShrHoldr 04/27/05 - A HBOS PLC G4364D106 None 69,485 1 Accept Financial Statements and Statutory For For Mgmt Reports 2 Approve Remuneration Report For For Mgmt 3 Approve Final Dividend of 22.15 Pence Per For For Mgmt Ordinary Share 4 Elect Mark Tucker as Director None None Mgmt 5 Re-elect Dennis Stevenson as Director For For Mgmt 6 Re-elect Charles Dunstone as Director For For Mgmt 7 Re-elect Colin Matthew as Director For For Mgmt 8 Re-elect Anthony Hobson as Director For For Mgmt 9 Reappoint KPMG Audit Plc as Auditors and For For Mgmt Authorise the Board to Determine Their Remuneration 10 Authorise Issue of Equity or Equity-Linked For For Mgmt Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 49,080,217 11 Authorise 392,565,936 Ordinary Shares for For For Mgmt Market Purchase 12 Approve EU Political Donations up to GBP For For Mgmt 100,000 and EU Political Expenditure up to GBP 100,000 13 Approve Increase in Authorised Capital to For For Mgmt GBP 4,685,000,000, EUR 3,000,000,000 and USD 4,500,000,000 by the Creation of Preference Shares 04/28/05 - A ALTRIA GROUP, INC. *MO* 02209S103 03/07/05 37,163 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Ratify Auditors For For Mgmt 5 Eliminate Animal Testing Against Against ShrHoldr 6 Product Warnings for Pregnant Women Against Against ShrHoldr 7 Cease Use of Light and Ultra Light in Against Against ShrHoldr Cigarette Marketing 8 Apply Fire Safety Standards for Cigarettes Against Against ShrHoldr 04/28/05 - A ASTRAZENECA PLC (FORMERLY ZENECA PLC) 046353108 03/09/05 28,340 MEETING FOR HOLDERS OF ADR'S 1 TO RECEIVE THE DIRECTORS REPORT AND For For Mgmt ACCOUNTS FOR THE Mgmt Rec - Company Management Recommended Vote Page 14 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- YEAR ENDED DECEMBER 31, 2004 2 TO CONFIRM DIVIDENDS For For Mgmt 3 Ratify Auditors For For Mgmt 4 TO AUTHORIZE THE DIRECTORS TO AGREE THE For For Mgmt REMUNERATION OF THE AUDITOR 5 Elect Directors For For Mgmt 6 TO APPROVE THE DIRECTORS REMUNERATION For For Mgmt REPORT FOR THE YEAR ENDED DECEMBER 31, 2004 7 TO APPROVE THE ASTRAZENECA PERFORMANCE For For Mgmt SHARE PLAN 8 TO AUTHORIZE LIMITED EU POLITICAL DONATIONS For For Mgmt 9 TO AUTHORIZE THE DIRECTORS TO ALLOT For For Mgmt UNISSUED SHARES 10 TO AUTHORIZE THE DIRECTORS TO DISAPPLY For For Mgmt PRE-EMPTION RIGHTS 11 TO AUTHORIZE THE COMPANY TO PURCHASE ITS For For Mgmt OWN SHARES 04/28/05 - A BARCLAYS PLC 06738E204 03/22/05 29,213 MEETING FOR HOLDERS OF ADR'S 1 TO RECEIVE THE DIRECTORS AND AUDITORS For For Mgmt REPORTS AND THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2004. 2 TO APPROVE THE REPORT ON REMUNERATION FOR For For Mgmt THE YEAR ENDED 31ST DECEMBER 2004. 3 THAT SIR ANDREW LIKIERMAN BE RE-ELECTED A For For Mgmt DIRECTOR OF THE COMPANY. 4 THAT LEIGH CLIFFORD BE RE-ELECTED A For For Mgmt DIRECTOR OF THE COMPANY. 5 THAT MATTHEW BARRETT BE RE-ELECTED A For For Mgmt DIRECTOR OF THE COMPANY. 6 THAT JOHN VARLEY BE RE-ELECTED A DIRECTOR For For Mgmt OF THE COMPANY. 7 THAT DAVID ARCULUS BE RE-ELECTED A DIRECTOR For For Mgmt OF THE COMPANY. 8 THAT SIR NIGEL RUDD BE RE-ELECTED A For For Mgmt DIRECTOR OF THE COMPANY. 9 Ratify Auditors For For Mgmt 10 TO AUTHORISE THE DIRECTORS TO SET THE For For Mgmt REMUNERATION OF THE Mgmt Rec - Company Management Recommended Vote Page 15 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- AUDITORS. 11 TO APPROVE THE PERFORMANCE SHARE PLAN (PSP). For For Mgmt 12 TO GIVE THE DIRECTORS THE AUTHORITY TO For For Mgmt ESTABLISH SUPPLEMENTS OR APPENDICES TO THE PSP. 13 TO RENEW THE AUTHORITY GIVEN TO DIRECTORS For For Mgmt TO ALLOT SECURITIES. 14 TO RENEW THE AUTHORITY GIVEN TO DIRECTORS For For Mgmt TO ALLOT SECURITIES FOR CASH OTHER THAN ON A PRO-RATA BASIS AND SELL TREASURY SHARES 15 TO RENEW THE COMPANY S AUTHORITY TO For For Mgmt PURCHASE ITS OWN SHARES. *** VOTING CUT-OFF DATE: NO LATER THAN APRIL 21, 2005 04/28/05 - A JOHNSON & JOHNSON *JNJ* 478160104 03/01/05 53,789 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/28/05 - A PFIZER INC. *PFE* 717081103 03/02/05 136,857 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Establish Term Limits for Directors Against Against ShrHoldr 4 Report on Pharmaceutical Price Restraint Against Against ShrHoldr 5 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 6 Report on Political Contributions Against Against ShrHoldr 7 Report on Product Availability in Canada Against Against ShrHoldr 8 Separate Chairman and CEO Positions Against Against ShrHoldr 04/29/05 - A SBC COMMUNICATIONS INC. *SBC* 78387G103 03/01/05 60,164 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 4 Report on Political Contributions Against Against ShrHoldr 5 Report on Executive Compensation Against Against ShrHoldr 6 Performance- Based/Indexed Options Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 16 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 7 Adopt Simple Majority Vote Against For ShrHoldr Supermajority vote requirements generally serve to lock in provisions that are harmful to shareholders. Requiring approval by more than a simple majority of voting shares may entrench management by preventing action that may benefit shareholders. 05/04/05 - A PEPSICO, INC. *PEP* 713448108 03/11/05 30,764 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Corporate Political Contributions Against Against ShrHoldr 05/05/05 - A VERIZON COMMUNICATIONS *VZ* 92343V104 03/07/05 50,214 1 Elect Directors For Split Mgmt 1.1 Elect Director James R. Barker --- For 1.2 Elect Director Richard L. Carrion --- Withhold Richard L. Carrion is an affiliated outsider on the compensation committee. 1.3 Elect Director Robert W. Lane --- For 1.4 Elect Director Sandra O. Moose --- Withhold Sandra O. Moose is an affiliated outsider on the audit and nominating committees. 1.5 Elect Director Joseph Neubauer --- Withhold WITHHOLD votes for sitting on more than four boards while serving as CEO. 1.6 Elect Director Thomas H. O' Brien --- For 1.7 Elect Director Hugh B. Price --- For 1.8 Elect Director Ivan G. Seidenberg --- For 1.9 Elect Director Walter V. Shipley --- For 1.10 Elect Director John R. Stafford --- For 1.11 Elect Director Robert D. Storey --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 5 Require Majority of Independent Directors Against For ShrHoldr on Board SSGA supports proposals urging a standard of a two- Mgmt Rec - Company Management Recommended Vote Page 17 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- thirds majority independent board, which the company currently does not meet. 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Amend Director/Officer Against Against ShrHoldr Liability/Indemnifications Provisions 8 Report on Political Contributions Against Against ShrHoldr 05/17/05 - A JPMORGAN CHASE & CO. *JPM* 46625H100 03/22/05 64,573 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Establish Term Limits for Directors Against Against ShrHoldr 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Limit Executive Compensation Against Against ShrHoldr 7 Adopt Executive Benefit Policy Against Against ShrHoldr 05/17/05 - A TOTAL SA (FORMERLY TOTAL FINA ELF S.A) 89151E109 04/08/05 21,035 MEETING FOR HOLDERS OF ADRS 1 APPROVAL OF THE PARENT COMPANY FINANCIAL For For Mgmt STATEMENTS 2 APPROVAL OF THE CONSOLIDATED FINANCIAL For For Mgmt STATEMENTS 3 ALLOCATION OF EARNINGS, DECLARATION OF For For Mgmt DIVIDEND 4 AGREEMENTS COVERED BY ARTICLE L. 225-38 OF For For Mgmt THE FRENCH COMMERCIAL CODE 5 AUTHORIZATION FOR THE BOARD OF DIRECTORS TO For For Mgmt TRADE SHARES OF THE COMPANY 6 RENEWAL OF THE APPOINTMENT OF MR. PAUL For For Mgmt DESMARAIS JR. AS A DIRECTOR 7 RENEWAL OF THE APPOINTMENT OF MR. BERTRAND For For Mgmt JACQUILLAT AS A DIRECTOR 8 RENEWAL OF THE APPOINTMENT OF MR. MAURICE For For Mgmt LIPPENS AS A DIRECTOR 9 APPOINTMENT OF LORD LEVENE OF PORTSOKEN, For For Mgmt KBE, AS A DIRECTOR Mgmt Rec - Company Management Recommended Vote Page 18 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 10 AUTHORITY TO BOARD TO RAISE CAPITAL BY For For Mgmt ISSUING EQUITY OR EQUITY- LINKED SECURITIES WITH PREFERENTIAL SUBSCRIPTION RIGHTS 11 AUTHORITY TO BOARD TO RAISE CAPITAL BY For For Mgmt ISSUING EQUITY OR EQUITY- LINKED SECURITIES WITHOUT PREFERENTIAL SUBSCRIPTION RIGHTS 12 AUTHORITY TO THE BOARD FOR THE PURPOSE OF For For Mgmt CAPITAL INCREASES PURSUANT TO ARTICLE L. 443-5 OF THE FRENCH LABOR CODE 13 AUTHORIZATION TO GRANT SHARES OF THE Against For Mgmt COMPANY TO EMPLOYEES AND EXECUTIVE OFFICERS OF THE COMPANY AND GROUP COMPANIES The initiative can be supported due to the size of the requested authorization, the resulting level of potential dilution under all plans and other favorable terms of the plan. A vote in favor of this proposal is recommended. 14 AMENDED AUTHORIZATION TO GRANT SHARES TO Against For ShrHoldr EMPLOYEES AND EXECUTIVE OFFICERS OF THE COMPANY AND GROUP COMPANIES 05/18/05 - A INTEL CORP. *INTC* 458140100 03/21/05 116,346 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 05/20/05 - A TIME WARNER INC *TWX* 887317105 03/24/05 78,065 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Pay Disparity Against Against ShrHoldr 05/25/05 - A EXXON MOBIL CORP. *XOM* 30231G102 04/06/05 113,847 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Political Contributions/Activities Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr 5 Nominate Independent Directors with Against Against ShrHoldr Industry Experience Mgmt Rec - Company Management Recommended Vote Page 19 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 6 Report on Payments to Indonesian Military Against Against ShrHoldr 7 Adopt Policy Prohibiting Discrimination Against Against ShrHoldr based on Sexual Orientation 8 Report on Potential Damage of Drilling in Against Against ShrHoldr Protected Regions 9 Disclose Information Supporting the Company Against Against ShrHoldr Position on Climate Change 10 Report on Company Policies for Compliance Against Against ShrHoldr with the Kyoto Protocol 05/25/05 - A GLAXOSMITHKLINE PLC (FORMERLY GLAXO 37733W105 03/11/05 53,298 WELLCOME PLC ) MEETING FOR HOLDERS OF ADR'S 1 DIRECTORS REPORT AND FINANCIAL STATEMENTS For For Mgmt 2 REMUNERATION REPORT For For Mgmt 3 TO ELECT SIR CHRISTOPHER GENT AS A DIRECTOR For For Mgmt 4 TO ELECT SIR DERYCK MAUGHAN AS A DIRECTOR For For Mgmt 5 TO ELECT MR JULIAN HESLOP AS A DIRECTOR For For Mgmt 6 TO RE-ELECT DR JEAN-PIERRE GARNIER AS A For For Mgmt DIRECTOR 7 TO RE-ELECT SIR IAN PROSSER AS A DIRECTOR For For Mgmt 8 TO RE-ELECT DR RONALDO SCHMITZ AS A DIRECTOR For For Mgmt 9 TO RE-ELECT DR LUCY SHAPIRO AS A DIRECTOR For For Mgmt 10 Ratify Auditors For For Mgmt 11 REMUNERATION OF AUDITORS For For Mgmt 12 TO AUTHORISE THE COMPANY TO MAKE DONATIONS For For Mgmt TO EU POLITICAL ORGANISATIONS AND INCUR EU POLITICAL EXPENDITURE 13 DISAPPLICATION OF PRE-EMPTION RIGHTS For For Mgmt 14 AUTHORITY FOR THE COMPANY TO PURCHASE ITS For For Mgmt OWN SHARES 15 INSERTION OF NEW ARTICLE 48A INTO ARTICLES For For Mgmt OF ASSOCIATION 16 DELETION OF ARTICLE 154.2 OF ARTICLES OF For For Mgmt ASSOCIATION 17 AMENDMENT OF ARTICLE 81 OF ARTICLES OF For For Mgmt ASSOCIATION Mgmt Rec - Company Management Recommended Vote Page 20 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/27/05 - A HSBC HOLDINGS PLC 404280406 03/28/05 39,661 MEETING FOR HOLDERS OF ADR'S 1 TO RECEIVE THE REPORT AND ACCOUNTS FOR 2004 For For Mgmt 2 Elect Directors For For Mgmt 3 Ratify Auditors For For Mgmt 4 TO APPROVE THE DIRECTORS REMUNERATION For For Mgmt REPORT FOR 2004 5 TO AUTHORISE THE DIRECTORS TO ALLOT SHARES For For Mgmt 6 TO DISPLAY PRE-EMPTION RIGHTS (SPECIAL For For Mgmt RESOLUTION) 7 TO AUTHORISE THE COMPANY TO PURCHASE ITS For For Mgmt OWN ORDINARY SHARES 8 TO AMEND THE HSBC HOLDINGS SAVINGS-RELATED For For Mgmt SHARE OPTION PLAN. 9 TO AMEND THE HSBC HOLDINGS SAVINGS-RELATED For For Mgmt SHARE OPTION PLAN: INTERNATIONAL 10 TO APPROVE THE HSBC US EMPLOYEE STOCK PLAN For For Mgmt 11 TO APPROVE THE HSBC SHARE PLAN For For Mgmt 12 TO ALTER THE ARTICLES OF ASSOCIATION For For Mgmt (SPECIAL RESOLUTION) 06/03/05 - A WAL-MART STORES, INC. *WMT* 931142103 04/05/05 46,092 1 Elect Directors For Split Mgmt 1.1 Elect Director James W. Breyer --- For 1.2 Elect Director M. Michele Burns --- For 1.3 Elect Director Douglas N. Daft --- For 1.4 Elect Director David D. Glass --- For 1.5 Elect Director Roland A. Hernandez --- Withhold 1.6 Elect Director John D. Opie --- For 1.7 Elect Director J. Paul Reason --- For 1.8 Elect Director H. Lee Scott, Jr. --- For 1.9 Elect Director Jack C. Shewmaker --- For 1.10 Elect Director Jose H. Villarreal --- For 1.11 Elect Director John T. Walton --- For 1.12 Elect Director S. Robson Walton --- For 1.13 Elect Director Christopher J. Williams --- For 1.14 Elect Director Linda S. Wolf --- For Mgmt Rec - Company Management Recommended Vote Page 21 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Report on Executive Compensation Against Against ShrHoldr 5 Prepare Sustainability Report Against Against ShrHoldr 6 Report on Stock Option Distribution by Race Against Against ShrHoldr and Gender 7 Report on Political Contributions Against Against ShrHoldr 8 Prepare Equal Opportunity Report Against Against ShrHoldr 9 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 10 Require Majority of Independent Directors Against Against ShrHoldr on Board 11 Performance- Based/Indexed Options Against Against ShrHoldr 06/23/05 - A TOYOTA MOTOR CORP. 892331307 03/30/05 27,347 MEETING FOR HOLDERS OF ADR'S 1 APPROVAL OF PROPOSED APPROPRIATION OF For For Mgmt RETAINED EARNINGS FOR THE 101ST TERM 2 ELECTION OF 26 DIRECTORS For For Mgmt 3 ELECTION OF 1 CORPORATE AUDITOR For Against Mgmt Because nominee began his working life with Denso Corp., one of the largest suppliers to Toyota and a key member of the Toyota keiretsu, in 1960; and he is now the chairman of Denso, he is not an appropriate candidate. 4 ISSUE OF STOCK ACQUISITION RIGHTS WITHOUT For For Mgmt CONSIDERATION TO DIRECTORS, MANAGING OFFICERS AND EMPLOYEES, ETC., OF TOYOTA MOTOR CORPORATION AND ITS AFFILIATES 5 REPURCHASE OF SHARES For For Mgmt 6 AWARD OF BONUS PAYMENTS TO RETIRING For For Mgmt DIRECTORS 7 AMENDMENT OF THE ARTICLES OF INCORPORATION Against For ShrHoldr (PART 1) (DISCLOSURE OF INDIVIDUAL REMUNERATION AND BONUS PAYMENTS UPON RETIREMENT, ETC. OF EACH DIRECTOR TO THE SHAREHOLDERS) As this is a reasonable request to increase disclosure of executive compensation, this is a supportable request. 8 AMENDMENT OF THE ARTICLES OF INCORPORATION Against Against ShrHoldr (PART 2) (DISCLOSURE OF POLITICAL Mgmt Rec - Company Management Recommended Vote Page 22 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- CONTRIBUTIONS) 06/28/05 - A ROYAL DUTCH SHELL PLC (FORMERLY ROYAL 780257804 05/23/05 36,791 DUTCH PETROLEUM CO.) MEETING FOR HOLDERS OF ADR'S 1 ANNUAL ACCOUNTS 2004 For For Mgmt 2 DECLARATION OF THE TOTAL DIVIDEND FOR THE For For Mgmt YEAR 2004 3 DISCHARGE OF THE MANAGING DIRECTORS For Against Mgmt Approving discharge for 2004 at this AGM will make it more difficult for shareholders to pursue legal action, e.g., if the outcome of the class action and other lawsuits would indicate that the management and supervisory boards of Royal Dutch could be held accountable. If it turns out that the latter is not the case, then discharge in this respect could, for instance, be granted at an EGM. As a precautionary measure, a vote against Items 4.A and 4.B is recommended. 4 DISCHARGE OF THE MEMBERS OF THE SUPERVISORY For Against Mgmt BOARD See item 3. 5 APPOINTMENT OF MR. L.R. RICCIARDI AS A For For Mgmt MEMBER OF THE SUPERVISORY BOARD 6 AUTHORIZATION FOR THE ACQUISITION OF For For Mgmt ORDINARY SHARES 7 CANCELLATION OF THE ORDINARY SHARES HELD BY For For Mgmt THE COMPANY 8 APPROVAL OF THE IMPLEMENTATION AGREEMENT For For Mgmt 9 PROPOSAL TO AMEND THE ARTICLES OF For Against Mgmt ASSOCIATION OF THE COMPANY As mentioned above, the timing of the proposed indemnification clause is awkward, since Royal Dutch and its board members are involved in several court cases following the restatements of the oil and gas reserves. Because of objections against the liability clause, a vote against this item is recommended. 10 APPOINTMENT OF MR A.G. JACOBS AS A For For Mgmt NON-EXECUTIVE DIRECTOR 11 APPOINTMENT OF MS CH. MORIN-POSTEL AS A For For Mgmt NON-EXECUTIVE DIRECTOR Mgmt Rec - Company Management Recommended Vote Page 23 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 DOW JONES GLOBAL TITANS INDEX FUND - J927 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 12 APPOINTMENT OF MR A.A. LOUDON AS A For For Mgmt NON-EXECUTIVE DIRECTOR 13 APPOINTMENT OF MR L.R. RICCIARDI AS A For For Mgmt NON-EXECUTIVE DIRECTOR 14 ADOPTION OF THE REMUNERATION POLICY FOR THE For For Mgmt BOARD OF DIRECTORS 15 APPROVAL OF AMENDED LONG-TERM INCENTIVE PLAN For For Mgmt 16 APPROVAL OF AMENDED RESTRICTED SHARE PLAN For For Mgmt 17 APPROVAL OF AMENDED DEFERRED BONUS PLAN For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 24 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 07/30/04 - S KEYSTONE PROPERTY TRUST 493596100 07/01/04 73,154 1 Approve Merger Agreement For For Mgmt 10/13/04 - S CHELSEA PROPERTY GROUP, INC. 163421100 08/23/04 84,772 1 Approve Merger Agreement For For Mgmt 11/09/04 - S THE ROUSE CO. 779273101 10/08/04 203,263 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 12/08/04 - S MERISTAR HOSPITALITY CORPORATION 58984Y103 08/11/04 156,451 *MHX* 1 Increase Authorized Common Stock For For Mgmt 02/28/05 - S CAMDEN PROPERTY TRUST *CPT* 133131102 01/24/05 92,623 1 Issue Shares in Connection with an For For Mgmt Acquisition 02/28/05 - S SUMMIT PROPERTIES INC. 866239106 01/24/05 72,994 1 Approve Merger Agreement For For Mgmt 04/01/05 - S CORNERSTONE REALTY INCOME TRUST, INC. 21922V102 02/09/05 129,772 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 04/15/05 - S COLONIAL PROPERTIES TRUST *CLP* 195872106 02/09/05 63,257 1 Issue Shares in Connection with an For For Mgmt Acquisition 2 Increase Authorized Preferred and Common For For Mgmt Stock Mgmt Rec - Company Management Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 3 Approve Authority to Issue Preferred Stock For For Mgmt 4 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 04/21/05 - A LASALLE HOTEL PROPERTIES *LHO* 517942108 02/11/05 65,148 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed 04/25/05 - A AMLI RESIDENTIAL PROPERTIES TRUST 001735109 03/04/05 67,344 *AML* 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt 04/27/05 - A COLONIAL PROPERTIES TRUST *CLP* 195872106 03/08/05 73,273 1 Elect Directors For Split Mgmt 1.1 Elect Director Carl F. Bailey --- For 1.2 Elect Director M. Miller Gorrie --- For 1.3 Elect Director William M. Johnson --- For 1.4 Elect Director Glade M. Knight --- For 1.5 Elect Director James K. Lowder --- For 1.6 Elect Director Thomas H. Lowder --- For 1.7 Elect Director Herbert A. Meisler --- For 1.8 Elect Director Claude B. Nielsen --- For 1.9 Elect Director Harold W. Ripps --- For 1.10 Elect Director Donald T. Senterfitt --- For 1.11 Elect Director John W. Spiegel --- Withhold John W. Spiegel is an affiliated outsider on the audit and compensation committee. 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 04/27/05 - A DUKE REALTY CORPORATION *DRE* 264411505 02/28/05 342,534 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Incentive Stock Option Plan For For Mgmt 4 Ratify Auditors For For Mgmt 04/28/05 - A CARRAMERICA REALTY CORP. *CRE* 144418100 03/04/05 144,215 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/29/05 - A APARTMENT INVESTMENT & MANAGEMENT CO. 03748R101 03/04/05 251,223 *AIV* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approval of the Sale of High Performance For For Mgmt Units 04/29/05 - A PAN PACIFIC RETAIL PROPERTIES, INC. 69806L104 02/24/05 97,385 *PNP* 1 Elect Directors For For Mgmt 2 Amend Articles of Incorporation Against For ShrHoldr The authorization and issuance of blank check preferred stock is not in shareholders' best interests. Intended or not, that blank check preferred stock can deter takeover attempts and that empirical evidence supports this. Blank check preferred stock poses a barrier to a potential favorable acquisition, thus penalizing shareholders by limiting their options. Such measures can entrench management and restrict the ability of shareholders to act, and as such, we recommend that the creation of such an authorization be subjected to shareholder approval. Furthermore, Mr. Armstrong's resolution is a non binding resolution and only asks that the board take the steps necessary to amend the articles of incorporation to provide that the authorized preferred stock be issued only in connection with increasing capital and making certain acquisitions, and does not state explicitly that the board should prohibit any issuance that may have a dilutive effect or serve as an anti-takeover device. As such, this proposal warrants shareholder approval. Mgmt Rec - Company Management Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/02/05 - A BRANDYWINE REALTY TRUST *BDN* 105368203 03/23/05 132,494 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/03/05 - A CATELLUS DEVELOPMENT CORP. *CDX* 149113102 03/15/05 277,142 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Shareholder Rights Plan (Poison Pill) For For Mgmt 05/03/05 - A PS BUSINESS PARKS, INC. *PSB* 69360J107 03/23/05 53,893 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A REGENCY CENTERS CORP. *REG* 758849103 03/18/05 164,530 1 Elect Directors For Split Mgmt 1.1 Elect Director Martin E. Stein, Jr. --- For 1.2 Elect Director Raymond L. Bank --- For 1.3 Elect Director C. Ronald Blankenship --- For 1.4 Elect Director A. R. Carpenter --- For 1.5 Elect Director J. Dix Druce, Jr. --- For 1.6 Elect Director Mary Lou Fiala --- For 1.7 Elect Director Bruce M. Johnson --- For 1.8 Elect Director Douglas S. Luke --- Withhold WITHHOLD votes from Douglas S. Luke for standing as an affiliated outsider on the Compensation Committee. 1.9 Elect Director John C. Schweitzer --- For 1.10 Elect Director Thomas G. Wattles --- For 1.11 Elect Director Terry N. Worrell --- For 05/03/05 - A UNITED DOMINION REALTY TRUST, INC. 910197102 03/01/05 319,218 *UDR* 1 Elect Directors For Split Mgmt 1.1 Elect Director Eric J. Foss --- For Mgmt Rec - Company Management Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 1.2 Elect Director Robert P. Freeman --- For 1.3 Elect Director Jon A. Grove --- Withhold Jon A. Grove is an affiliated outsider on the compensation committee. 1.4 Elect Director James D. Klingbeil --- Withhold James D. Klingbeil is an affiliated director on the compensation committee. 1.5 Elect Director Robert C. Larson --- For 1.6 Elect Director Thomas R. Oliver --- For 1.7 Elect Director Lynne B. Sagalyn --- For 1.8 Elect Director Mark J. Sandler --- For 1.9 Elect Director Robert W. Scharar --- For 1.10 Elect Director Thomas W. Toomey --- For 2 Ratify Auditors For For Mgmt 3 Approve Out-Performance Program For For Mgmt 4 Authorize New Class of Preferred Stock For For Mgmt 05/03/05 - A WEINGARTEN REALTY INVESTORS *WRI* 948741103 03/07/05 227,193 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 05/03/05 - A WINSTON HOTELS, INC. *WXH* 97563A102 03/09/05 71,046 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles M. Winston --- For 1.2 Elect Director Robert W. Winston, III --- For 1.3 Elect Director Thomas F. Darden, II, --- Withhold WITHHOLD votes from Thomas F. Darden, II for standing as an affiliated outsider on the Audit, Compensation and Nominating committees and for failure to establish a majority independent board. 1.4 Elect Director Richard L. Daugherty --- For 1.5 Elect Director Edwin B. Borden --- For 1.6 Elect Director David C. Sullivan --- For 2 Amend Articles of Incorporation For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/04/05 - A ARCHSTONE SMITH TRUST *ASN* 039583109 03/08/05 527,338 1 Elect Directors For For Mgmt 2 Declassify the Board of Trustees For For Mgmt 3 Ratify Auditors For For Mgmt 05/04/05 - A ASSOCIATED ESTATES REALTY CORP. *AEC* 045604105 03/18/05 53,129 1 Elect Directors For Split Mgmt 1.1 Elect Director Albert T. Adams --- Withhold WITHHOLD votes from Albert T. Adams for standing as an affiliated outsider on the Nominating Committee. 1.2 Elect Director James M. Delaney --- For 1.3 Elect Director Jeffrey I. Friedman --- For 1.4 Elect Director Michael E. Gibbons --- For 1.5 Elect Director Mark L. Milstein --- For 1.6 Elect Director Frank E. Mosier --- For 1.7 Elect Director Richard T. Schwarz --- For 2 Amend Omnibus Stock Plan For For Mgmt 05/04/05 - A FEDERAL REALTY INVESTMENT TRUST *FRT* 313747206 03/16/05 139,990 1 Elect Directors For Split Mgmt 1.1 Elect Director Mark S. Ordan --- Withhold Mark S. Ordan is an affiliated outsider on the compensation and nominating commmittees. 1.2 Elect Director Donald C. Wood --- For 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/04/05 - A GENERAL GROWTH PROPERTIES, INC. *GGP* 370021107 03/15/05 591,065 1 Elect Directors For Split Mgmt 1.1 Elect Director Matthew Bucksbaum --- For 1.2 Elect Director Bernard Freibaum --- For 1.3 Elect Director Beth Stewart --- Withhold Mgmt Rec - Company Management Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- Beth Stewart is an affiliated outsider on the audit and compensation committee. 2 Ratify Auditors For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/04/05 - A GLENBOROUGH REALTY TRUST INC. *GLB* 37803P105 02/28/05 86,535 1 Elect Directors For For Mgmt 05/04/05 - A INNKEEPERS USA TRUST *KPA* 4576J0104 03/01/05 101,959 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/04/05 - A THE TOWN AND COUNTRY TRUST *TCT* 892081100 03/18/05 47,102 1 Elect Directors For Split Mgmt 1.1 Elect Director Harvey Schulweis --- For 1.2 Elect Director Nancy F. Lerner --- Withhold WITHHOLD votes from for standing as an affiliated outsider on the Compensation and Nominating committees. 1.3 Elect Director James H. Berick --- For 1.4 Elect Director H. Grant Hathaway --- For 2 Ratify Auditors For For Mgmt 05/05/05 - A PARKWAY PROPERTIES, INC. *PKY* 70159Q104 03/22/05 35,167 1 Elect Directors For Split Mgmt 1.1 Elect Director Daniel P. Friedman --- For 1.2 Elect Director Roger P. Friou --- For 1.3 Elect Director Martin L. Garcia --- For 1.4 Elect Director Matthew W. Kaplan --- For 1.5 Elect Director Michael J. Lipsey --- Withhold WITHHOLD votes from Michael J. Lipsey for standing as an affiliated outsider on the Compensation and Nominating committees. Mgmt Rec - Company Management Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 1.6 Elect Director Joe F. Lynch --- For 1.7 Elect Director Steven G. Rogers --- For 1.8 Elect Director Leland R. Speed --- For 1.9 Elect Director Lenore M. Sullivan --- For 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 05/05/05 - A PUBLIC STORAGE, INC. *PSA* 74460D109 03/23/05 318,222 1 Elect Directors For Split Mgmt 1.1 Elect Director B. Wayne Hughes --- For 1.2 Elect Director Ronald L. Havner, Jr. --- For 1.3 Elect Director Harvey Lenkin --- For 1.4 Elect Director Robert J. Abernethy --- For 1.5 Elect Director Dann V. Angeloff --- Withhold Dann V. Angeloff is an affiliated outsider on the compensation and nominating committees. 1.6 Elect Director William C. Baker --- For 1.7 Elect Director John T. Evans --- For 1.8 Elect Director Uri P. Harkham --- For 1.9 Elect Director B. Wayne Hughes, Jr. --- For 1.10 Elect Director Daniel C. Staton --- For 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/06/05 - A CAMDEN PROPERTY TRUST *CPT* 133131102 03/14/05 156,557 1 Elect Directors For Split Mgmt 1.1 Elect Director Richard J. Campo --- For 1.2 Elect Director William R. Cooper --- Withhold William R. Cooper is an affiliated outsider on the compensation and nominating comittee. 1.3 Elect Director George A. Hrdlicka --- For 1.4 Elect Director Scott S. Ingraham --- Withhold WIHHOLD vote from from Scott S. Ingraham for standing as an affiliated outsider on the Audit Committee . 1.5 Elect Director Lewis A. Levey --- For Mgmt Rec - Company Management Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 1.6 Elect Director William B. McGuire, Jr. --- For 1.7 Elect Director D. Keith Oden --- For 1.8 Elect Director F. Gardner Parker --- For 1.9 Elect Director William F. Paulsen --- For 1.10 Elect Director Steven A. Webster --- Withhold WITHHOLD votes from from Steven A. Webster for sitting on more than six boards. 05/06/05 - A DIGITAL REALTY TRUST INC. 253868103 03/31/05 53,723 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/06/05 - A GLIMCHER REALTY TRUST *GRT* 379302102 03/14/05 95,777 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 05/06/05 - A HERITAGE PROPERTY INVESTMENT TRUST 42725M107 03/04/05 124,035 INC *HTG* 1 Elect Directors For Split Mgmt 1.1 Elect Director Bernard Cammarata --- Withhold Bernard Cammarata is an affiliate outsider on the compensation committee. 1.2 Elect Director Michael J. Joyce --- For 1.3 Elect Director Thomas C. Prendergast --- For 05/06/05 - A HOME PROPERTIES INC *HME* 437306103 03/11/05 89,775 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Deferred Compensation Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/06/05 - A SAUL CENTERS, INC. *BFS* 804395101 03/11/05 43,909 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed Mgmt Rec - Company Management Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/06/05 - A SHURGARD STORAGE CENTERS, INC. *SHU* 82567D104 03/11/05 124,049 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/09/05 - A CBL & ASSOCIATES PROPERTIES, INC. 124830100 03/14/05 83,249 *CBL* 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles B. Lebovitz --- For 1.2 Elect Director Claude M. Ballard --- For 1.3 Elect Director Gary L. Bryenton --- Withhold WITHHOLD votes from Gary L. Bryenton for standing as an affiliated outsider on the Audit and Nominating Committees. 1.4 Elect Director Leo Fields --- For 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt 05/10/05 - A COUSINS PROPERTIES INC. *CUZ* 222795106 03/22/05 122,419 1 Elect Directors For Split Mgmt 1.1 Elect Director Thomas D. Bell, Jr. --- For 1.2 Elect Director Erskine B. Bowles --- For 1.3 Elect Director Richard W. Courts, II --- Withhold Richard W. Courts, II is an affiliated outisder on all key committees. 1.4 Elect Director Thomas G. Cousins --- For 1.5 Elect Director Lillian C. Giornelli --- For 1.6 Elect Director S. Taylor Glover --- For 1.7 Elect Director James H. Hance, Jr. --- For 1.8 Elect Director Boone A. Knox --- For 1.9 Elect Director John J. Mack --- For 1.10 Elect Director William Porter Payne --- For 2 Amend Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/10/05 - A DEVELOPERS DIVERSIFIED REALTY CORP. 251591103 03/22/05 255,427 *DDR* 1 Fix Number of Directors For For Mgmt 2 Elect Directors For For Mgmt 3 Ratify Auditors For For Mgmt 05/10/05 - A EQUITY LIFESTYLE PROPERTIES INC *ELS* 29472R108 03/11/05 61,635 1 Elect Directors For For Mgmt 05/10/05 - A ESSEX PROPERTY TRUST, INC. *ESS* 297178105 02/28/05 55,268 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A HRPT PROPERTIES TRUST *HRP* 40426W101 03/14/05 478,472 1 Elect Directors For For Mgmt 05/11/05 - A AVALONBAY COMMUNITIES, INC. *AVB* 053484101 03/09/05 194,184 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - A BEDFORD PROPERTY INVESTORS, INC. 076446301 03/10/05 43,762 *BED* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - A BOSTON PROPERTIES INC. *BXP* 101121101 03/16/05 292,451 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors Against Against ShrHoldr 05/11/05 - A HOSPITALITY PROPERTIES TRUST *HPT* 44106M102 03/15/05 181,632 1 Elect Directors For For Mgmt 05/11/05 - A NEW PLAN EXCEL REALTY TRUST, INC. 648053106 03/01/05 246,249 *NXL* 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/11/05 - A PRENTISS PROPERTIES TRUST *PP* 740706106 03/18/05 121,298 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 05/11/05 - A SIMON PROPERTY GROUP, INC. *SPG* 828806109 03/14/05 596,591 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Greenhouse Gas Emissions and Against Against ShrHoldr Energy Efficiency 05/12/05 - A AMB PROPERTY CORP. *AMB* 00163T109 03/07/05 219,389 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/12/05 - A EQUITY INNS, INC. *ENN* 294703103 03/15/05 135,835 1 Elect Directors For For Mgmt 05/12/05 - A WASHINGTON REAL ESTATE INVESTMENT 939653101 03/17/05 112,988 TRUST *WRE* 1 Elect Directors For For Mgmt 2 Limit Awards to Executives Against Against ShrHoldr 05/13/05 - A KITE REALTY GROUP TRUST *KRG* 49803T102 03/15/05 51,789 1 Elect Directors For Split Mgmt 1.1 Elect Director Alvin E. Kite, Jr. --- For 1.2 Elect Director John A. Kite --- For 1.3 Elect Director William E. Bindley --- For 1.4 Elect Director Dr. Richard A. Cosier --- For 1.5 Elect Director Eugene Golub --- For 1.6 Elect Director Gerald L. Moss --- Withhold WITHHOLD votes from Gerald L. Moss for standing as an affiliated outsider on the Audit and Nominating committees. 1.7 Elect Director Michael L. Smith --- For Mgmt Rec - Company Management Recommended Vote Page 12 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/13/05 - A TANGER FACTORY OUTLET CENTERS, INC. 875465106 03/31/05 68,910 *SKT* 1 Elect Directors For For Mgmt 05/16/05 - A CENTERPOINT PROPERTIES TRUST *CNT* 151895109 03/10/05 130,228 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A FELCOR LODGING TRUST INCORPORATED 31430F101 03/21/05 160,521 *FCH* 1 Elect Directors For Split Mgmt 1.1 Elect Director Thomas J. Corcoran, Jr. --- For 1.2 Elect Director Donald J. McNamara --- Withhold WITHHOLD votes from Donald J. McNamara for standing as an affiliated outsider on the Audit, Compensation and Nominating committees. 1.3 Elect Director Michael D. Rose --- For 1.4 Elect Director David C. Kloeppel --- For 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/17/05 - A GABLES RESIDENTIAL TRUST *GBP* 362418105 03/18/05 79,092 1 Elect Directors For Split Mgmt 1.1 Elect Trustee David D. Fitch --- For 1.2 Elect Trustee John W. McIntyre --- Withhold John W. McIntyre is an affiliated outsider on all key committees. 1.3 Elect Trustee Chris D. Wheeler --- For 05/17/05 - A KILROY REALTY CORP. *KRC* 49427F108 03/15/05 76,823 1 Elect Directors For For Mgmt 05/17/05 - A KIMCO REALTY CORP. *KIM* 49446R109 03/22/05 277,746 1 Elect Directors For Split Mgmt 1.1 Elect Director Martin S. Kimmel --- For 1.2 Elect Director Milton Cooper --- For 1.3 Elect Director Richard G. Dooley --- Withhold Mgmt Rec - Company Management Recommended Vote Page 13 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- WITHHOLD votes from Richard G. Dooley for standing as an affiliated outsider on the Audit, Compensation and Nominating committees. WITHHOLD votes from Frank Lourenso standing as and affiliated outsiders on the Compensation and Nominating committees. 1.4 Elect Director Michael J. Flynn --- For 1.5 Elect Director Joe Grills --- For 1.6 Elect Director David B. Henry --- For 1.7 Elect Director F. Patrick Hughes --- For 1.8 Elect Director Frank Lourenso --- Withhold 1.9 Elect Director Richard Saltzman --- For 2 Increase Authorized Common Stock For For Mgmt 05/18/05 - A ACADIA REALTY TRUST *AKR* 004239109 03/31/05 73,585 1 Elect Directors For Split Mgmt 1.1 Elect Director Kenneth F. Bernstein --- For 1.2 Elect Director Douglas Crocker Ii --- For 1.3 Elect Director Alan S. Forman --- For 1.4 Elect Director Suzanne M. Hopgood --- For 1.5 Elect Director Lorrence T. Kellar --- For 1.6 Elect Director Wendy Luscombe --- For 1.7 Elect Director Lee S. Wielansky --- Withhold WITHHOLD votes from Lee S. Wielansky for standing as an affiliated outsider on the Nominating Committee. 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 05/18/05 - A BIOMED REALTY TRUST INC *BMR* 09063H107 04/01/05 78,780 1 Elect Directors For For Mgmt 05/18/05 - A CRT PROPERTIES INC *CRO* 22876P109 03/25/05 77,177 1 Elect Directors For For Mgmt 2 Change State of Incorporation from Florida For For Mgmt to Maryland 3 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 4 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 14 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/18/05 - A FIRST INDUSTRIAL REALTY TRUST, INC. 32054K103 03/22/05 103,035 *FR* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A PROLOGIS *PLD* 743410102 03/21/05 491,394 1 Elect Directors For For Mgmt 2 Declassify the Board of Trustees For For Mgmt 3 Ratify Auditors For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed 05/18/05 - A SOVRAN SELF STORAGE, INC. *SSS* 84610H108 04/01/05 39,590 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/18/05 - A TAUBMAN CENTERS, INC. *TCO* 876664103 03/23/05 123,461 1 Elect Directors For For Mgmt 2 Approve Restricted Stock Plan For For Mgmt 3 Approve Outside Director Stock For For Mgmt Awards/Options in Lieu of Cash 4 Ratify Auditors For For Mgmt 05/18/05 - A VORNADO REALTY TRUST *VNO* 929042109 04/15/05 315,967 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A ALEXANDRIA REAL ESTATE EQUITIES, INC. 015271109 03/31/05 48,651 *ARE* 1 Elect Directors For Split Mgmt 1.1 Elect Director Jerry M. Sudarsky --- Withhold WITHHOLD votes from Jerry M. Sudarsky for standing as an affiliated outsider on the Audit and Nominating committees. 1.2 Elect Director Joel S. Marcus --- For 1.3 Elect Director James H. Richardson --- For 1.4 Elect Director Richard B. Jennings --- For Mgmt Rec - Company Management Recommended Vote Page 15 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 1.5 Elect Director Richard H. Klein --- For 1.6 Elect Director Alan G. Walton --- For 1.7 Elect Director Richmond A. Wolf --- For 2 Ratify Auditors For For Mgmt 05/19/05 - A BRE PROPERTIES, INC. *BRE* 05564E106 03/15/05 135,411 1 Elect Directors For For Mgmt 2 Increase Authorized Preferred Stock For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A CORPORATE OFFICE PROPERTIES TRUST, 22002T108 03/15/05 97,608 INC. *OFC* 1 Elect Directors For For Mgmt 05/19/05 - A EQUITY ONE, INC. *EQY* 294752100 04/05/05 178,319 1 Elect Directors For For Mgmt 05/19/05 - A HOST MARRIOTT CORP. *HMT* 44107P104 03/30/05 870,834 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert M. Baylis --- For 1.2 Elect Director Terence C. Golden --- Withhold WITHHOLD votes from Terence C. Golden for standing as an affiliated outsider on the Audit Committee. 1.3 Elect Director Ann McLaughlin Korologos --- For 1.4 Elect Director Richard E. Marriott --- For 1.5 Elect Director Judith A. McHale --- For 1.6 Elect Director John B. Morse, Jr. --- For 1.7 Elect Director Christopher J. Nassetta --- For 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/19/05 - A LIBERTY PROPERTY TRUST *LRY* 531172104 03/14/05 228,607 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Establish Other Board Committee Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 16 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 05/19/05 - A MID-AMERICA APARTMENT COMMUNITIES, 59522J103 03/18/05 55,159 INC. *MAA* 1 Elect Directors For Split Mgmt 1.1 Elect Director H. Eric Bolton, Jr. --- For 1.2 Elect Director Alan B. Graf, Jr. --- Withhold Alan B. Graf, Jr. is an affiliated outsider on the audit committe. 1.3 Elect Director Ralph Horn --- For 2 Ratify Auditors For For Mgmt 05/19/05 - A PENNSYLVANIA REAL ESTATE INVESTMENT 709102107 04/01/05 90,524 TRUST *PEI* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A POST PROPERTIES, INC. *PPS* 737464107 03/28/05 98,194 1 Elect Directors For For Mgmt 2 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 05/19/05 - A RECKSON ASSOCIATES REALTY CORP. *RA* 75621K106 03/21/05 217,573 1 Elect Directors For Split Mgmt 1.1 Elect Director Scott H. Rechler --- For 1.2 Elect Director Douglas Crocker Ii --- For 1.3 Elect Director Elizabeth Mccaul --- For 1.4 Elect Director Ronald H. Menaker --- For 1.5 Elect Director Peter Quick --- For 1.6 Elect Director Lewis S. Ranieri --- Withhold Lewis S. Ranieri is an affiliated outsider on the compensation and nominating committees. 1.7 Elect Director John F. Ruffle --- For 1.8 Elect Director Stanley Steinberg --- For 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/19/05 - A SL GREEN REALTY CORP. *SLG* 78440X101 03/30/05 101,959 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 17 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 3 Approve Omnibus Stock Plan For For Mgmt 05/19/05 - A THE MACERICH CO. *MAC* 554382101 03/07/05 156,986 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A TRIZEC PROPERTIES, INC. *TRZ* 89687P107 03/24/05 375,658 1 Elect Directors For Split Mgmt 1.1 Elect Director Peter Munk --- For 1.2 Elect Director Timothy H. Callahan --- For 1.3 Elect Director L. Jay Cross --- For 1.4 Elect Director Brian Mulroney --- For 1.5 Elect Director James J. O'Connor --- For 1.6 Elect Director Glenn J. Rufrano --- For 1.7 Elect Director Richard M. Thomson --- For 1.8 Elect Director Polyvios C. Vintiadis --- For 1.9 Elect Director Stephen R. Volk --- Withhold Stephen R. Volk is an affiliated outsider on th compensation and nominating committees. 2 Ratify Auditors For For Mgmt 05/20/05 - A CEDAR SHOPPING CENTERS, INC. *CDR* 150602209 04/07/05 41,367 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A BOYKIN LODGING COMPANY *BOY* 103430104 03/28/05 42,966 1 Elect Directors For Split Mgmt 1.1 Elect Director Albert T. Adams --- Withhold WITHHOLD votes from Albert T. Adams for standing as an affiliated outsider on the Compensation and Corporate Governance & Nominating committees. 1.2 Elect Director Robert W. Boykin --- For 1.3 Elect Director Lee C. Howley, Jr. --- For 1.4 Elect Director James B. Meathe --- For 1.5 Elect Director Mark J. Nasca --- For 1.6 Elect Director William H. Schecter --- For Mgmt Rec - Company Management Recommended Vote Page 18 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------------ 1.7 Elect Director Ivan J. Winfield --- For 2 Approve Omnibus Stock Plan For For Mgmt 05/24/05 - A EQUITY OFFICE PROPERTIES TRUST *EOP* 294741103 03/17/05 1,088,943 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A SUN COMMUNITIES, INC. *SUI* 866674104 04/19/05 50,062 1 Elect Directors For For Mgmt 05/25/05 - A ARDEN REALTY, INC. *ARI* 039793104 03/31/05 164,452 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Submit Severance Agreement Against For ShrHoldr (Change-in-Control) to Shareholder Vote The compensation committee is not entirely independent, therefore, this proposal will be supported. 05/25/05 - A EDUCATION REALTY TRUST, INC. 28140H104 04/01/05 48,177 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A EQUITY RESIDENTIAL *EQR* 29476L107 03/31/05 703,306 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A MERISTAR HOSPITALITY CORPORATION 58984Y103 04/20/05 230,998 *MHX* 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 3 Ratify Auditors For For Mgmt 05/31/05 - A U-STORE-IT TRUST 91274F104 04/04/05 98,452 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 19 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 06/02/05 - A EASTGROUP PROPERTIES, INC. *EGP* 277276101 04/14/05 52,863 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 3 Other Business For Against Mgmt Details of other business items not disclosed 06/07/05 - A MAGUIRE PROPERTIES, INC. *MPG* 559775101 04/22/05 113,003 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/07/05 - A RAMCO-GERSHENSON PROPERTIES TRUST 751452202 04/12/05 42,231 *RPT* 1 Elect Directors For For Mgmt 06/07/05 - A THE MILLS CORPORATION *MLS* 601148109 04/22/05 142,080 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/08/05 - A GMH COMMUNITIES TRUST 36188G102 04/21/05 80,401 1 Elect Directors For Split Mgmt 1.1 Elect Director Gary M. Holloway, Sr. --- For 1.2 Elect Director Bruce F. Robinson --- For 1.3 Elect Director Frederick F. Buchholz --- For 1.4 Elect Director RADM J. Eastwood (Ret) --- For 1.5 Elect Director Steven J. Kessler --- For 1.6 Elect Director Denis J. Nayden --- For 1.7 Elect Director Dennis J. O'Leary --- For 1.8 Elect Director Richard A. Silfen --- Withhold Richard A. Silfen is an affiliated outsider on the audit and nominating committees. 06/13/05 - A CRESCENT REAL ESTATE EQUITIES COMPANY 225756105 04/28/05 263,399 *CEI* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 20 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 WILSHIRE REIT INDEX FUND - J926 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ----------------------------------------------------------------------------------------------------------------------------------- 06/23/05 - A MACK-CALI REALTY CORP. *CLI* 554489104 04/22/05 160,300 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 06/30/05 - A AFFORDABLE RESIDENTIAL COMMUNITIES, 008273104 04/15/05 108,406 INC. *ARC* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 21 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 Total Market ETF, (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 07/01/04 - A BED BATH & BEYOND INC. *BBBY* 075896100 05/05/04 3,300 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Glass Ceiling Against Against ShrHoldr 5 Adopt Retention Ratio for Executives Against Against ShrHoldr 07/07/04 - A OXFORD HEALTH PLANS, INC. 691471106 06/11/04 960 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 07/15/04 - A CENTEX CORP. *CTX* 152312104 05/27/04 1,465 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 07/16/04 - A DELL INC. *DELL* 24702R101 05/21/04 29,862 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Expense Stock Options Against Against ShrHoldr 07/28/04 - A MCKESSON CORP. *MCK* 58155Q103 06/01/04 3,438 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 07/28/04 - S REYNOLDS AMERICAN INC *RAI* 76182K105 06/16/04 979 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 07/28/04 - A THE ST. PAUL TRAVELERS COMPANIES, 792860108 06/04/04 7,761 INC. *STA* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 07/29/04 - S ENTERPRISE PRODUCTS PARTNERS L.P. 293792107 06/22/04 2,547 *EPD* 1 Approve Merger Agreement For For Mgmt 2 Approve Conversion of Securities For For Mgmt 08/02/04 - A FISHER SCIENTIFIC INTERNATIONAL INC. 338032204 05/14/04 727 *FSH* 1 Issue Shares in Connection with an For For Mgmt Acquisition 2 Elect Directors For For Mgmt 3 Ratify Auditors For For Mgmt 4 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 08/09/04 - A COMPUTER SCIENCES CORPORATION *CSC* 205363104 06/11/04 2,206 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 08/17/04 - S COUNTRYWIDE FINANCIAL CORP. *CFC* 222372104 07/09/04 3,211 1 Increase Authorized Common Stock For For Mgmt 08/24/04 - A CONSECO, INC. *CNO* 208464883 07/07/04 1,642 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 08/26/04 - A MEDTRONIC, INC. *MDT* 585055106 07/02/04 14,113 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Charitable Contributions Against Against ShrHoldr 09/01/04 - A SMITHFIELD FOODS, INC. *SFD* 832248108 07/12/04 1,294 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Corporate Political Contributions Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 4 Environmental Performance Against For ShrHoldr In the case of Smithfield Foods, the proponents' concerns focus specifically on the environmental performance of the company's contract farms rather than requesting a consolidated sustainability report. This distinction is important due to the nature of the proposal and inclusiveness of Smithfield Foods current disclosure. While the company's Stewardship Report and other environmental disclosures provide thorough and insightful information on certain U.S. operations, it does not provide similar information on its contract farms. Collecting and reviewing certain environmental data from the company's contract farms should not be overly costly based on Smithfield's current level of involvement in other facets of its contract farms' operations. Moreover, since the company relies on these farms for the majority of its pork production, the environmental performance and potential liabilities associated with these contracts could have significant impact on the company's performance. As such this proposal warrants support. 09/08/04 - A H&R BLOCK, INC. *HRB* 093671105 06/30/04 2,117 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Amend Stock Option Plan For For Mgmt 5 Ratify Auditors For For Mgmt 09/08/04 - A H. J. HEINZ CO. *HNZ* 423074103 06/03/04 4,152 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/13/04 - S VALERO ENERGY CORP. *VLO* 91913Y100 07/27/04 1,443 1 Increase Authorized Common Stock For For Mgmt 09/15/04 - S SUNTRUST BANKS, INC. *STI* 867914103 07/30/04 3,336 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. Mgmt Rec - Company Management Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 09/20/04 - A NIKE, INC. *NKE* 654106103 07/26/04 3,024 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 09/23/04 - A CONAGRA FOODS INC. *CAG* 205887102 07/26/04 6,146 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Limit Awards to Executives Against Against ShrHoldr 09/27/04 - A FEDEX CORPORATION *FDX* 31428X106 08/02/04 3,527 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 09/27/04 - A GENERAL MILLS, INC. *GIS* 370334104 07/29/04 4,366 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Establish Range For Board Size For For Mgmt 09/29/04 - A DARDEN RESTAURANTS, INC. *DRI* 237194105 07/26/04 2,011 1 Elect Directors For For Mgmt 2 Amend Employee Stock Purchase Plan For For Mgmt 3 Ratify Auditors For For Mgmt 10/12/04 - A THE PROCTER & GAMBLE COMPANY *PG* 742718109 07/30/04 30,022 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Declassify the Board of Directors Against Against Mgmt 5 Implement/ Report on Animal Welfare Against Against ShrHoldr Standards 10/13/04 - A COLLINS & AIKMAN CORP. *CKCRQ* 194830204 08/30/04 535 1 Elect Directors For Split Mgmt 1.1 Elect Director Anthony Hardwick --- Withhold Mgmt Rec - Company Management Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- WITHHOLD votes from Anthony Hardwick for standing as an affiliated outsider on the Audit Committee. 1.2 Elect Director Timothy D. Leuliette --- For 1.3 Elect Director W. Gerald McConnell --- For 1.4 Elect Director J. Michael Stepp --- For 10/20/04 - A WINN-DIXIE STORES, INC. *WNDXQ* 974280109 08/20/04 1,665 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 10/27/04 - A PARKER-HANNIFIN CORP. *PH* 701094104 08/31/04 1,396 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 10/28/04 - A AFFILIATED COMPUTER SERVICES, INC. 008190100 09/17/04 1,477 *ACS* 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 10/28/04 - A SARA LEE CORP. *SLE* 803111103 09/01/04 9,351 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Charitable Contributions Against Against ShrHoldr 10/28/04 - S WACHOVIA CORP. *WB* 929903102 08/20/04 15,292 1 Approve Merger Agreement For For Mgmt 10/29/04 - A ORACLE CORP. *ORCL* 68389X105 09/02/04 60,607 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Plan 3 Ratify Auditors For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 5 Implement China Principles Against Against ShrHoldr 11/04/04 - A ARCHER-DANIELS-MIDLAND COMPANY *ADM* 039483102 09/15/04 7,632 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Employee Stock Purchase Plan For For Mgmt 4 Report on Genetically Engineered Products Against Against ShrHoldr 11/04/04 - A BRINKER INTERNATIONAL, INC. *EAT* 109641100 09/07/04 1,040 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Adopt Smoke-Free Policy at all Against Against ShrHoldr company-owned restaurants 11/05/04 - A THE ESTEE LAUDER COMPANIES INC. *EL* 518439104 09/15/04 2,742 1 Elect Directors For Split Mgmt 1.1 Elect Director Aerin Lauder --- For 1.2 Elect Director William P. Lauder --- For 1.3 Elect Director Richard D. Parsons --- Withhold WITHHOLD votes from Richard D. Parsons for standing as an affiliated outsider on the Compensation committee. 1.4 Elect Director Lynn F. De Rothschild --- For 2 Ratify Auditors For For Mgmt 11/09/04 - A AUTOMATIC DATA PROCESSING, INC. *ADP* 053015103 09/10/04 6,883 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/09/04 - A MICROSOFT CORP. *MSFT* 594918104 09/10/04 125,944 1 Elect Directors For For Mgmt 2 Amend Bundled Compensation Plans For For Mgmt 3 Amend Bundled Compensation Plans For For Mgmt 4 Amend Stock Option Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 5 Ratify Auditors For For Mgmt 11/11/04 - A AVNET, INC. *AVT* 053807103 09/13/04 1,390 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/12/04 - A SYSCO CORPORATION *SYY* 871829107 09/14/04 7,517 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Stock Option Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Report on Genetically Engineered Products Against Against ShrHoldr 11/17/04 - A THE CLOROX COMPANY *CLX* 189054109 09/20/04 2,460 1 Elect Directors For For Mgmt 2 Approve Outside Director Stock For For Mgmt Awards/Options in Lieu of Cash 3 Ratify Auditors For For Mgmt 11/18/04 - A CAMPBELL SOUP CO. *CPB* 134429109 09/21/04 4,852 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 11/18/04 - A CISCO SYSTEMS, INC. *CSCO* 17275R102 09/20/04 78,873 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Pay Disparity Against Against ShrHoldr 11/18/04 - A EL PASO CORP *EP* 28336L109 09/20/04 7,083 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Expense Stock Options Against Against ShrHoldr 4 Limit Executive Compensation Against Against ShrHoldr 11/30/04 - S LYONDELL CHEMICAL CO. *LYO* 552078107 10/14/04 2,118 1 Approve Merger Agreement For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 12/08/04 - A CARDINAL HEALTH, INC. *CAH* 14149Y108 10/25/04 5,021 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 12/16/04 - A AUTOZONE, INC. *AZO* 053332102 10/21/04 935 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 12/16/04 - A FIDELITY NATIONAL FINANCIAL, INC. 316326107 11/08/04 2,086 *FNF* 1 Elect Directors For Split Mgmt 1.1 Elect Director William A. Imparato --- Withhold WITHHOLD votes from Cary H. Thompson for standing as an affiliated outsider on the Compensation Committee, and from William A. Imparato for standing as an affiliated outsider on the Audit and Compensation committees. 1.2 Elect Director Donald M. Koll --- For 1.3 Elect Director Gen. William Lyon --- For 1.4 Elect Director Cary H. Thompson --- Withhold 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Amend Stock Option Plan For For Mgmt 5 Amend Stock Option Plan For For Mgmt 6 Ratify Auditors For For Mgmt 01/12/05 - A WALGREEN CO. *WAG* 931422109 11/15/04 12,015 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 01/13/05 - A SOLECTRON CORP. *SLR* 834182107 11/18/04 11,201 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 01/20/05 - A FAMILY DOLLAR STORES, INC. *FDO* 307000109 11/24/04 2,033 1 Elect Directors For Split Mgmt 1.1 Elect Director Mark R. Bernstein --- Withhold Mark R. Bernstein is an affiliated director on the compensation and nominating committees. 1.2 Elect Director Sharon Allred Decker --- For 1.3 Elect Director Edward C. Dolby --- For 1.4 Elect Director Glenn A. Eisenberg --- For 1.5 Elect Director Howard R. Levine --- For 1.6 Elect Director George R. Mahoney, Jr. --- For 1.7 Elect Director James G. Martin --- For 2 Amend Stock Option Plan For For Mgmt 3 Ratify Auditors For For Mgmt 01/20/05 - A JABIL CIRCUIT, INC. *JBL* 466313103 11/22/04 2,345 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 01/20/05 - A MONSANTO CO. *MON* 61166W101 11/22/04 3,111 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Report on Genetically Modified Organisms Against Against ShrHoldr 5 Report on Export of Hazardous Pesticides Against Against ShrHoldr 6 Adopt Human Rights Policy Against Against ShrHoldr 7 Eliminate Animal Testing Against Against ShrHoldr 01/24/05 - A THE SHAW GROUP INC. *SGR* 820280105 12/01/04 673 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Other Business For Against Mgmt Details of other business items not disclosed 01/25/05 - A HORMEL FOODS CORP. *HRL* 440452100 11/29/04 1,636 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Report on Environmental Impact of Livestock Against For ShrHoldr Operations In the case of Hormel Foods, the proponents' concerns focus specifically on the environmental performance of the company's contract farms rather than requesting a consolidated sustainability report. This distinction is important due to the nature of the proposal and lack of Hormel Foods current disclosure. While the company's statement of environmental policies does include general guidelines, the overall level of environmental disclosure is minimal. Collecting and reviewing certain environmental data from the company's contract farms should not be overly costly based on Hormel's current level of involvement in other facets of its contract farms' operations. Moreover, since the company relies on these farms for the majority of its pork production, the environmental performance and potential liabilities associated with these contracts could have significant impact on the company's performance. 01/26/05 - A JOHNSON CONTROLS, INC. *JCI* 478366107 11/18/04 2,205 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 01/27/05 - A AIR PRODUCTS & CHEMICALS, INC. *APD* 009158106 11/30/04 2,685 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 01/27/05 - A ASHLAND INC. *ASH* 044204105 11/22/04 807 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 01/27/05 - A COSTCO WHOLESALE CORPORATION *COST* 22160K105 12/03/04 5,389 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For For Mgmt 3 Adopt Vendor Standards Against Against ShrHoldr 4 Develop Land Procurement Policy Against Against ShrHoldr 5 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 01/27/05 - A D.R. HORTON, INC. *DHI* 23331A109 12/02/04 2,770 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%, and the plan permits repricing. 3 Other Business For Against Mgmt Details of other business items not disclosed 02/01/05 - A BECTON, DICKINSON AND COMPANY *BDX* 075887109 12/06/04 3,009 1 Elect Directors For Split Mgmt 1.1 Elect Director Basil L. Anderson --- Withhold Basil L. Anderson is an affiliated outsider on the audit commmittee. 1.2 Elect Director Gary A. Mecklenburg --- Withhold Gary A. Mecklenburg is an affiliated outsider on the audit and nominating commmittees. 1.3 Elect Director James E. Perrella --- For 1.4 Elect Director Alfred Sommer --- For 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Restore or Provide for Cumulative Voting Against Against ShrHoldr 02/01/05 - A EMERSON ELECTRIC CO. *EMR* 291011104 11/24/04 4,974 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Amend Equal Employment Policy Regarding Against For ShrHoldr Sexual Orientation Emerson Electric has not been the subject of any recent, significant controversies related to discrimination based on sexual orientation. The company has established annual nondiscrimination training programs for all employees that specifically address discrimination based on sexual orientation. That said; the company has not included language specifically prohibiting discrimination based on sexual orientation in its formal EEO statement. The inclusion Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- of such language in corporate EEO statements has become the norm at many large companies. Furthermore, the adoption of an EEO statement that includes reference to sexual orientation has proven beneficial to many companies through improved employee morale and increased access to certain consumer bases and pools of eligible candidates for employment. Therefore, considering the substantial benefits that may be recognized by amending an EEO statement to include language prohibiting discrimination based on sexual orientation, shareholders support for this proposal is warranted. 02/01/05 - S MOLSON COORS BREWING CO *TAP* 217016104 11/22/04 415 1 Amend Certificate of Incorporation For For Mgmt 2 Increase Authorized Common Stock For None Mgmt 3 Authorize a New Class of Common Stock For None Mgmt 4 Amend Certificate/Governance-Related For None Mgmt 5 Amend Certificate/Dividend Right For None Mgmt 6 Convert Form of Securities For None Mgmt 7 Convert Form of Securities For None Mgmt 8 Company Specific--Board-Related For None Mgmt 9 Amend Certificate/Increase or Decrease For None Mgmt Authorized Class B Stock 10 Directors May be Removed With/Without Cause For None Mgmt 02/02/05 - A ROCKWELL AUTOMATION INC *ROK* 773903109 12/06/04 2,197 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 02/04/05 - A TYSON FOODS, INC. *TSN* 902494103 12/10/04 4,152 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Report on Political Contributions Against Against ShrHoldr 6 Report on Environmental Impact of Livestock Against For ShrHoldr Operations In the case of Tyson Foods, ISS notes that the proponents' concerns focus specifically on the environmental performance of the company's contract farms rather than requesting a consolidated sustainability report. This distinction is important due Mgmt Rec - Company Management Recommended Vote Page 12 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- to the nature of the proposal and level of fines and litigation at Tyson's regarding the environmental performance of certain animal feeding and processing operations.The company does have some information on its website regarding its environmental policies, and commends the company for taking steps towards implementing a company-wide EMS program; however, a consolidated report on the environmental risks and the potential impact that these risks have on the company's core business is not publicly available, and could prove beneficial to the company and its shareholders. Collecting and reviewing certain environmental data from the company's contract farms should not be overly costly based on Tyson's current level of involvement in other facets of its contract farms' operations. Moreover, since the company relies on these farms for the majority of its poultry production, the environmental performance and potential liabilities associated with these contracts could have significant impact on the company's overall performance. As such we recommend shareholder support for this resolution. 02/08/05 - A ARAMARK CORP *RMK* 038521100 12/13/04 2,163 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 02/08/05 - A JACOBS ENGINEERING GROUP INC. *JEC* 469814107 01/03/05 643 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 02/08/05 - A LAIDLAW INTERNATIONAL, INC. *LI* 50730R102 12/16/04 1,243 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 02/09/05 - A STARBUCKS CORP. *SBUX* 855244109 12/02/04 4,688 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the Mgmt Rec - Company Management Recommended Vote Page 13 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- allowable cap of 15%. 3 Ratify Auditors For For Mgmt 4 Commit to Free Trade certified Coffee Against Against ShrHoldr 02/11/05 - A THE WALT DISNEY COMPANY *DIS* 254687106 12/17/04 24,248 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Prohibit Greenmail Payments Against For ShrHoldr SSGA supports proposals that seek to repeal or prohibit greenmail provisions. 5 Report on Vendor Standards in China Against Against ShrHoldr 02/15/05 - A AVAYA INC *AV* 053499109 12/20/04 5,283 1 Elect Directors For Split Mgmt 1.1 Elect Director Philip A. Odeen --- Withhold Philip A. Odeen is an affiliated outsider on the compensation committee. 1.2 Elect Director Hellene S. Runtagh --- For 1.3 Elect Director Paula Stern --- For 1.4 Elect Director Richard F. Wallman --- For 02/16/05 - A ARVINMERITOR, INC. *ARM* 043353101 12/10/04 824 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 02/23/05 - A DEERE & CO. *DE* 244199105 12/31/04 2,931 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 02/23/05 - A IKON OFFICE SOLUTIONS, INC. *IKN* 451713101 12/31/04 1,711 1 Elect Directors For For Mgmt 02/28/05 - A SANMINA-SCI CORP. *SANM* 800907107 01/03/05 6,117 1 Elect Directors For Split Mgmt Mgmt Rec - Company Management Recommended Vote Page 14 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director Neil R. Bonke --- For 1.2 Elect Director Alain Couder --- For 1.3 Elect Director Randy W. Furr --- For 1.4 Elect Director Mario M. Rosati --- Withhold WITHHOLD votes from Mario M. Rosati for standing as an affiliated outsider on the Nominating Committee. 1.5 Elect Director A. Eugene Sapp, Jr. --- For 1.6 Elect Director Wayne Shortridge --- For 1.7 Elect Director Peter J. Simone --- For 1.8 Elect Director Jure Sola --- For 1.9 Elect Director Jacquelyn M. Ward --- For 2 Ratify Auditors For For Mgmt 03/01/05 - A AGILENT TECHNOLOGIES INC. *A* 00846U101 01/03/05 5,675 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 03/04/05 - A AMERISOURCEBERGEN CORP *ABC* 03073E105 01/10/05 1,304 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 03/08/05 - A QUALCOMM INC. *QCOM* 747525103 01/07/05 19,174 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert E. Kahn --- For 1.2 Elect Director Duane A. Nelles --- Withhold WITHHOLD votes from Duane A. Nelles for standing as an affiliated outsider on the Audit and Nominating committees. 1.3 Elect Director Brent Scowcroft --- For 2 Declassify the Board of Directors and For For Mgmt Eliminate Cumulative Voting 3 Increase Authorized Common Stock For For Mgmt 4 Amend Articles For For Mgmt 5 Ratify Auditors For For Mgmt 03/11/05 - S CAESARS ENTERTAINMENT, INC 127687101 01/18/05 3,557 1 Approve Merger Agreement For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 15 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 03/11/05 - S HARRAH'S ENTERTAINMENT, INC. *HET* 413619107 01/18/05 1,319 1 Issue Shares in Connection with an For For Mgmt Acquisition 2 Increase Authorized Common Stock For For Mgmt 03/15/05 - A MORGAN STANLEY *MWD* 617446448 01/14/05 12,876 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Limit Executive Compensation Against Against ShrHoldr 03/16/05 - A HEWLETT-PACKARD CO. *HPQ* 428236103 01/18/05 35,679 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Employee Stock Purchase Plan For For Mgmt 03/22/05 - A FIFTH THIRD BANCORP *FITB* 316773100 01/31/05 6,982 1 Elect Directors For For Mgmt 2 Approve Decrease in Size of Board For For Mgmt 3 Ratify Auditors For For Mgmt 03/23/05 - A APPLIED MATERIALS, INC. *AMAT* 038222105 01/28/05 20,074 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 03/23/05 - A NAVISTAR INTERNATIONAL CORP. *NAV* 63934E108 02/17/05 807 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 03/24/05 - A SEARS HOLDINGS CORP *SHLD* 498780105 01/26/05 1,037 1 Approve Merger Agreement For For Mgmt 2 Exclusion of Bankruptcy-Related Charter For For Mgmt Provision 3 Exclude Rights of Designated Stockholders For For Mgmt to Designate Directors to the Board of Directors 4 Approve Equity Grants to Aylwin B. Lewis For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 16 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 03/24/05 - S SEARS, ROEBUCK & CO. 812387108 01/26/05 2,430 1 Approve Merger Agreement For For Mgmt 03/29/05 - A LENNAR CORP. *LEN* 526057104 02/11/05 1,863 1 Elect Directors For For Mgmt 2 Report on Greenhouse Gas Emissions Against Against ShrHoldr 04/05/05 - A LEHMAN BROTHERS HOLDINGS INC. *LEH* 524908100 02/11/05 3,208 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Limit Executive Compensation Against Against ShrHoldr 04/05/05 - A SEMPRA ENERGY *SRE* 816851109 02/18/05 2,663 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Option Expensing Against Against ShrHoldr 4 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 5 Performance-Based/Indexed Options Against Against ShrHoldr 6 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 04/06/05 - A THE GOLDMAN SACHS GROUP, INC. *GS* 38141G104 02/07/05 5,736 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 17 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/07/05 - A KB HOME *KBH* 48666K109 02/14/05 567 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt 04/07/05 - A THE BEAR STEARNS COMPANIES INC. *BSC* 073902108 02/23/05 1,174 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/11/05 - S TELEPHONE AND DATA SYSTEMS, INC. 879433100 02/28/05 689 *TDS* 1 Increase Authorized Common Stock For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Amend Outside Director Stock in Lieu of Cash For For Mgmt 04/12/05 - S INTERNATIONAL STEEL GROUP, INC 460377104 03/14/05 1,141 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 04/12/05 - A THE BANK OF NEW YORK CO., INC. *BK* 064057102 02/22/05 9,121 1 Elect Directors For Split Mgmt 1.1 Elect Director Frank J. Biondi Jr. --- For 1.2 Elect Director Nicholas M. Donofrio --- For 1.3 Elect Director Gerald L. Hassell --- For 1.4 Elect Director Richard J. Kogan --- For 1.5 Elect Director Michael J. Kowalski --- For 1.6 Elect Director John A. Luke Jr. --- For 1.7 Elect Director John C. Malone --- Withhold John C. Malone is an affiliated outsider on the compensation and nominating committees. Mgmt Rec - Company Management Recommended Vote Page 18 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.8 Elect Director Paul Myners --- For 1.9 Elect Director Catherine A. Rein --- For 1.10 Elect Director Thomas A. Renyi --- For 1.11 Elect Director William C. Richardson --- For 1.12 Elect Director Brian L. Roberts --- For 1.13 Elect Director Samuel C. Scott --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Limit Executive Compensation Against Against ShrHoldr 04/13/05 - A CATERPILLAR INC. *CAT* 149123101 02/14/05 3,972 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 4 Report on Equipment Sales to Israel Against Against ShrHoldr 5 Report on Operational Imact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 04/13/05 - A UNITED TECHNOLOGIES CORP. *UTX* 913017109 02/15/05 5,974 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Increase Disclosure of Executive Against Against ShrHoldr Compensation 5 Adopt Ethical Criteria for Military Against Against ShrHoldr Contracts 6 Limit Executive Compensation Against Against ShrHoldr 04/14/05 - A GANNETT CO., INC. *GCI* 364730101 03/04/05 2,965 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation proposals. 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 19 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/14/05 - A UNITED AUTO GROUP INC. *UAG* 909440109 02/25/05 492 1 Elect Directors For Split Mgmt 1.1 Elect Director John Barr --- For 1.2 Elect Director Michael Eisenson --- For 1.3 Elect Director James Hislop --- For 1.4 Elect Director Hiroshi Ishikawa --- For 1.5 Elect Director William Lovejoy --- For 1.6 Elect Director Kimberly Mcwaters --- For 1.7 Elect Director Eustace Mita --- Withhold WITHHOLD votes from Eustace W. Mita for standing as an affiliated outsider on the Nominating Committee. 1.8 Elect Director Lucio Noto --- For 1.9 Elect Director Roger Penske --- For 1.10 Elect Director Richard Peters --- For 1.11 Elect Director Ronald Steinhart --- For 1.12 Elect Director Brian Thompson --- For 04/15/05 - A THE PROGRESSIVE CORP. *PGR* 743315103 02/17/05 2,374 1 Elect Directors For For Mgmt 2 Authorize Board to Fill Vacancies For For Mgmt 3 Ratify Auditors For For Mgmt 04/18/05 - A DANA CORP. *DCN* 235811106 02/22/05 1,756 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/18/05 - A ELI LILLY AND CO. *LLY* 532457108 02/15/05 13,317 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 4 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 5 Report on Product Availability in Canada Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Adopt Policy on Performance-based Stock Against For ShrHoldr Option Grants SSGA supports proposals that ask for performance-based compensation. 8 Eliminate Animal Testing Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 20 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/18/05 - A GENUINE PARTS CO. *GPC* 372460105 02/11/05 2,065 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/19/05 - A CITIGROUP INC. *C* 172967101 02/25/05 61,036 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Limit/Prohibit Awards to Executives Against Against ShrHoldr 5 Report on Political Contributions Against Against ShrHoldr 6 Prohibit Chairman From Management Duties, Against Against ShrHoldr Titles or Responsibilities 7 Limit Executive Compensation Against Against ShrHoldr 8 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 9 Review/Limit Executive Compensation Against Against ShrHoldr 10 Adopt Simple Majority Vote Against For ShrHoldr SSGA supports shareholder proposals seeking to eliminate supermajority vote requirements, as they may serve as entrenchment devices for management and therefore are not in the shareholders' best interest. 04/19/05 - A CNF INC. *CNF* 12612W104 03/01/05 588 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/19/05 - A DOVER CORP. *DOV* 260003108 02/28/05 2,392 1 Elect Directors For For Mgmt 2 Other Business For Against Mgmt Details of other business items not disclosed 04/19/05 - A GOODRICH CORPORATION *GR* 382388106 02/28/05 1,357 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 04/19/05 - A MELLON FINANCIAL CORP. *MEL* 58551A108 02/11/05 5,092 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 21 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/19/05 - A SUNTRUST BANKS, INC. *STI* 867914103 02/25/05 4,336 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Management Incentive Plan For For Mgmt 4 Approve Performance Unit Plan For For Mgmt 04/19/05 - A THE COCA-COLA COMPANY *KO* 191216100 02/22/05 28,459 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Review Labor Rights in Columbia Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 5 Submit Severance Agreement to Shareholder Against Against ShrHoldr Vote 04/19/05 - A THE HERSHEY CO *HSY* 427866108 02/22/05 2,892 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For Against Mgmt This proposal is bundled with an increase in supervoting stock. 4 Change Company Name For For Mgmt 04/19/05 - A TIMKEN CO. (THE) *TKR* 887389104 02/18/05 1,037 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 04/19/05 - A U.S. BANCORP *USB* 902973304 02/28/05 21,968 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Reduce Supermajority Vote Requirement For For Mgmt 4 Performance- Based/Indexed Options Against For ShrHoldr Since the company does not grant a substantial portion of the awards as performance-based awards, this proposal warrants support. 5 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 04/19/05 - A WACHOVIA CORP. *WB* 929903102 02/16/05 18,892 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 22 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/19/05 - A WASHINGTON MUTUAL, INC *WM* 939322103 02/28/05 10,316 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/19/05 - A WHIRLPOOL CORP. *WHR* 963320106 02/28/05 808 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Stock Option For For Mgmt Plan 04/20/05 - A BURLINGTON NORTHERN SANTA FE CORP. 12189T104 02/22/05 4,428 *BNI* 1 Elect Directors For Split Mgmt 1.1 Elect Director A.L. Boeckmann --- For 1.2 Elect Director V.S. Martinez --- Withhold WITHHOLD votes from Mark F. Racicot and Vilma S. Martinez for standing as affiliated outsiders on the Directors and Corporate Governance Committee which serves as the nominating committee. 1.3 Elect Director M.F. Racicot --- Withhold 1.4 Elect Director R.S. Roberts --- For 1.5 Elect Director M.K. Rose --- For 1.6 Elect Director M.J. Shapiro --- For 1.7 Elect Director J.C. Watts, Jr. --- For 1.8 Elect Director R.H. West --- For 1.9 Elect Director J.S. Whisler --- Withhold WITHHOLD votes from J. Steven Whisler for standing as affiliated outsiders on the audit and compensation committees. 1.10 Elect Director E.E. Whitacre, Jr. --- For 2 Ratify Auditors For For Mgmt 04/20/05 - A PG&E CORP. *PCG* 69331C108 02/22/05 4,727 1 Elect Directors For Split Mgmt 1.1 Elect Director David R. Andrews --- For 1.2 Elect Director Leslie S. Biller --- For 1.3 Elect Director David A. Coulter --- Withhold WITHHOLD votes from David A. Coulter for standing as an affiliated outsider on the Nominating, Compensation, and Governance Committee. 1.4 Elect Director C. Lee Cox --- For Mgmt Rec - Company Management Recommended Vote Page 23 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.5 Elect Director Peter A. Darbee --- For 1.6 Elect Director Robert D. Glynn, Jr --- For 1.7 Elect Director Mary S. Metz --- For 1.8 Elect Director Barbara L. Rambo --- For 1.9 Elect Director Barry Lawson Williams --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Expense Stock Options Against Against ShrHoldr 5 Adopt Policy on Nuclear Waste Storage Against Against ShrHoldr 6 Amend Terms of Existing Poison Pill Against Against ShrHoldr 7 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 8 Allow Vote on Golden Parachutes Against For ShrHoldr The compensation committee is not entirely independent therefore this proposal will be supported by SSGA 04/20/05 - A STATE STREET CORP. (BOSTON) *STT* 857477103 02/25/05 3,931 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/20/05 - A THE RYLAND GROUP, INC. *RYL* 783764103 02/07/05 620 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (150%). The company has not offered a specific purpose for the additional shares. 4 Report on Greenhouse Gas Emissions Against Against ShrHoldr 04/20/05 - A THE SHERWIN-WILLIAMS CO. *SHW* 824348106 02/28/05 1,665 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A AGCO CORP. *AG* 001084102 03/11/05 937 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 24 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/21/05 - A ALLTEL CORP. *AT* 020039103 02/24/05 3,580 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A APPLE COMPUTER, INC. *AAPL* 037833100 03/01/05 4,772 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 5 Ratify Auditors For For Mgmt 6 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 04/21/05 - A PPG INDUSTRIES, INC. *PPG* 693506107 02/22/05 2,004 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A SONIC AUTOMOTIVE, INC. *SAH* 83545G102 02/23/05 500 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 3 Ratify Auditors For For Mgmt 04/21/05 - A TEXAS INSTRUMENTS INC. *TXN* 882508104 02/22/05 20,454 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Qualified Employee Stock Purchase For For Mgmt Plan 4 Amend Stock Option Plan For For Mgmt 04/21/05 - A UNISYS CORP. *UIS* 909214108 02/28/05 3,862 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A WEYERHAEUSER CO. *WY* 962166104 02/25/05 2,823 1 Elect Directors For For Mgmt 2 Expense Stock Options Against Against ShrHoldr 3 Declassify the Board of Directors Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. Mgmt Rec - Company Management Recommended Vote Page 25 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 5 Report on Eliminating the Purchase of Against Against ShrHoldr Timber from National Forests 6 Ratify Auditors For For Mgmt 04/21/05 - A WYETH *WYE* 983024100 03/04/05 15,747 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Discontinue Promotion of Premarin and Against Against ShrHoldr Report on Animal Testing 04/22/05 - A ABBOTT LABORATORIES *ABT* 002824100 02/23/05 18,376 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Link Executive Compensation to Government Against Against ShrHoldr Fines 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports perforamance-based compensation. 5 Eliminate Animal Testing Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Report on Operational Imact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 8 Separate Chairman and CEO Positions Against Against ShrHoldr 04/22/05 - A ALCOA INC. *AA* 013817101 01/24/05 10,205 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/22/05 - A DOMINION RESOURCES, INC. *D* 25746U109 02/25/05 3,907 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Report on Greenhouse Gas Emissions Against Against ShrHoldr 04/22/05 - A ELECTRONIC DATA SYSTEMS CORP. *EDS* 285661104 03/01/05 5,939 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 26 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Declassify the Board of Directors For For Mgmt 4 Eliminate Supermajority Vote Requirement For For Mgmt 04/22/05 - A MERRILL LYNCH & CO., INC. *MER* 590188108 02/22/05 11,011 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 4 Provide for Cumulative Voting Against Against ShrHoldr 5 Limit Executive Compensation Against Against ShrHoldr 04/22/05 - A PPL CORP. *PPL* 69351T106 02/28/05 2,277 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/25/05 - A BELLSOUTH CORP. *BLS* 079860102 03/07/05 21,570 1 Elect Directors For Split Mgmt 1.1 Elect Director F. Duane Ackerman --- For 1.2 Elect Director Reuben V. Anderson --- For 1.3 Elect Director James H. Blanchard --- For 1.4 Elect Director J. Hyatt Brown --- Withhold WITHHOLD votes from J. Hyatt Brown for sitting on more than four public boards. 1.5 Elect Director Armando M. Codina --- For 1.6 Elect Director Kathleen F. Feldstein --- For 1.7 Elect Director James P. Kelly --- For 1.8 Elect Director Leo F. Mullin --- For 1.9 Elect Director William S. Stavropoulos --- For 1.10 Elect Director Robin B. Smith --- For 2 Ratify Auditors For For Mgmt 3 Political Contributions Against Against ShrHoldr 04/25/05 - A HONEYWELL INTERNATIONAL, INC. *HON* 438516106 02/25/05 10,075 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 27 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 4 Amend the Certificate of Incorporation and For For Mgmt By-laws 5 Establish Other Board Committee Against Against ShrHoldr 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Report on Pay Disparity Against Against ShrHoldr 8 Performance- Based/Indexed Options Against Against ShrHoldr 9 Approve Commonsense Executive Compensation Against Against ShrHoldr Framework 04/26/05 - A AMEREN CORPORATION *AEE* 023608102 03/04/05 2,307 1 Elect Directors For Split Mgmt 1.1 Elect Director Susan S. Elliott --- For 1.2 Elect Director Gayle P.W. Jackson --- For 1.3 Elect Director James C. Johnson --- For 1.4 Elect Director Richard A. Liddy --- For 1.5 Elect Director Gordon R. Lohman --- For 1.6 Elect Director Richard A. Lumpkin --- For 1.7 Elect Director Paul L. Miller, Jr. --- For 1.8 Elect Director Charles W. Mueller --- For 1.9 Elect Director Douglas R. Oberhelman --- Withhold Douglas R. Oberhelman is an affiliated outsider on the audit committee. 1.10 Elect Director Gary L. Rainwater --- For 1.11 Elect Director Harvey Saligman --- For 1.12 Elect Director Patrick T. Stokes --- For 2 Ratify Auditors For For Mgmt 3 Report on Risks of Nuclear Waste Storage Against Against ShrHoldr 4 Require Independent Director To Serve As Against Against ShrHoldr Chairman Of The Board 04/26/05 - A AMERICAN ELECTRIC POWER CO. *AEP* 025537101 03/02/05 4,680 1 Elect Directors For Split Mgmt 1.1 Elect Director E.R. Brooks --- Withhold WITHHOLD votes from E.R. Brooks for standing as an affiliated outsider on the Compensation Committee. 1.2 Elect Director Donald M. Carlton --- For 1.3 Elect Director John P. DesBarres --- For 1.4 Elect Director Robert W. Fri --- For Mgmt Rec - Company Management Recommended Vote Page 28 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.5 Elect Director William R. Howell --- For 1.6 Elect Director Lester A. Hudson, Jr. --- For 1.7 Elect Director Michael G. Morris --- For 1.8 Elect Director Lionel L. Nowell III --- For 1.9 Elect Director Richard L. Sandor --- For 1.10 Elect Director Donald G. Smith --- For 1.11 Elect Director Kathryn D. Sullivan --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Submit Executive Retirement Plan to Against For ShrHoldr Shareholder Vote The compensation committee is not entirely independent, therefore the proposal will be supported. 04/26/05 - A AUTOLIV INC. *ALV* 052800109 03/01/05 1,120 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/26/05 - A BB&T CORPORATION *BBT* 054937107 03/07/05 6,530 1 Elect Directors For Split Mgmt 1.1 Elect Director Alfred E. Cleveland --- Withhold WITHHOLD votes from Albert F. Zettlemoyer and Alfred E. Cleveland for standing as affiliated outsiders on the Compensation Committee and Nominating Committee. 1.2 Elect Director Anna R. Cablik --- For 1.3 Elect Director John P. Howe, III --- For 1.4 Elect Director Nido R. Qubein --- For 1.5 Elect Director Albert F. Zettlemoyer --- Withhold 2 Ratify Auditors For For Mgmt 04/26/05 - A CENDANT CORPORATION *CD* 151313103 02/28/05 12,409 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Outside Director Stock For For Mgmt Awards/Options in Lieu of Cash 4 Approve Qualified Employee Stock Purchase For For Mgmt Plan 5 Report on Pay Disparity Against Against ShrHoldr 6 Eliminate or Restrict Severance Agreements Against Against ShrHoldr (Change-in-Control) Mgmt Rec - Company Management Recommended Vote Page 29 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/26/05 - A CLEAR CHANNEL COMMUNICATIONS, INC. 184502102 03/11/05 6,747 *CCU* 1 Elect Directors For Split Mgmt 1.1 Elect Director Alan D. Feld --- For 1.2 Elect Director Perry J. Lewis --- For 1.3 Elect Director L. Lowry Mays --- For 1.4 Elect Director Mark P. Mays --- For 1.5 Elect Director Randall T. Mays --- For 1.6 Elect Director B.J. McCombs --- Withhold WITHHOLD votes from B.J. McCombs for standing as an affiliated outsider on the Compensation and Nominating committees. 1.7 Elect Director Phyllis B. Riggins --- For 1.8 Elect Director Theodore H. Strauss --- For 1.9 Elect Director J.C. Watts --- For 1.10 Elect Director John H. Williams --- For 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A FORTUNE BRANDS, INC. *FO* 349631101 02/25/05 1,657 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Non-Employee Director Stock Option For For Mgmt Plan 04/26/05 - A GOLDEN WEST FINANCIAL CORP. *GDW* 381317106 03/01/05 3,624 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A HUMANA INC. *HUM* 444859102 03/07/05 1,922 1 Elect Directors For For Mgmt 04/26/05 - A INTERNATIONAL BUSINESS MACHINES CORP. 459200101 02/25/05 19,578 *IBM* 1 Elect Directors For Split Mgmt 1.1 Elect Director Cathleen Black --- For 1.2 Elect Director Kenneth I. Chenault --- For Mgmt Rec - Company Management Recommended Vote Page 30 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.3 Elect Director Juergen Dormann --- For 1.4 Elect Director Michael L. Eskew --- Withhold WITHHOLD votes for standing as an affiliated outsider on the Audit Committee. 1.5 Elect Director Carlos Ghosn --- For 1.6 Elect Director Charles F. Knight --- For 1.7 Elect Director Minoru Makihara --- For 1.8 Elect Director Lucio A. Noto --- For 1.9 Elect Director Samuel J. Palmisano --- For 1.10 Elect Director Joan E. Spero --- For 1.11 Elect Director Sidney Taurel --- For 1.12 Elect Director Charles M. Vest --- For 1.13 Elect Director Lorenzo H. Zambrano --- For 2 Ratify Auditors For For Mgmt 3 Restore or Provide for Cumulative Voting Against Against ShrHoldr 4 Eliminate Age Discrimination in Retirement Against Against ShrHoldr Benefits 5 Calculate Executive Salary Without Regard Against Against ShrHoldr to Pension Income 6 Expense Stock Options Against Against ShrHoldr 7 Report on Executive Compensation Against Against ShrHoldr 8 Report on Outsourcing Against Against ShrHoldr 04/26/05 - A L-3 COMMUNICATIONS HOLDINGS, INC. 502424104 03/18/05 1,329 *LLL* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/26/05 - A MANPOWER INC. *MAN* 56418H100 02/15/05 1,022 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 04/26/05 - A MEADWESTVACO CORP. *MWV* 583334107 03/01/05 2,375 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 31 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/26/05 - A MERCK & CO., INC. *MRK* 589331107 02/25/05 26,163 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prohibit Awards to Executives Against Against ShrHoldr 4 Limit Executive Compensation Against Against ShrHoldr 5 Eliminate Animal Testing Against Against ShrHoldr 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Report on Product Availability in Canada Against Against ShrHoldr 8 Report on Political Contributions Against Against ShrHoldr 9 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 04/26/05 - A METLIFE, INC *MET* 59156R108 03/01/05 8,805 1 Elect Directors For Split Mgmt 1.1 Elect Director Cheryl W. Grise --- For 1.2 Elect Director James R. Houghton --- For 1.3 Elect Director Helene L. Kaplan --- Withhold WITHHOLD votes from Helene L. Kaplan for standing as an affiliated outsider on the Nominating Committee. 1.4 Elect Director Sylvia M. Mathews --- For 1.5 Elect Director William C. Steere, Jr. --- For 2 Ratify Auditors For For Mgmt 3 Establish Other Board Committee Against Against ShrHoldr 04/26/05 - A NATIONAL CITY CORP. *NCC* 635405103 03/04/05 7,723 1 Elect Directors For For Mgmt 2 Ratify Auditor For For Mgmt 04/26/05 - A PACCAR INC. *PCAR* 693718108 02/28/05 2,055 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors Against Against ShrHoldr 3 Amend Bylaws to Provide for Director Against Against ShrHoldr Nominees to be Elected by Majority Vote 04/26/05 - A PNC FINANCIAL SERVICES GROUP, INC. 693475105 02/28/05 3,354 *PNC* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 32 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/26/05 - A PRAXAIR, INC. *PX* 74005P104 03/01/05 3,831 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 3 Ratify Auditors For For Mgmt 04/26/05 - A SCHERING-PLOUGH CORP. *SGP* 806605101 03/04/05 17,341 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 4 Eliminate Animal Testing Against Against ShrHoldr 04/26/05 - A SMITH INTERNATIONAL, INC. *SII* 832110100 03/01/05 1,199 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 04/26/05 - A STRYKER CORP. *SYK* 863667101 02/28/05 4,688 1 Elect Directors For For Mgmt 04/26/05 - A THE BLACK & DECKER CORP. *BDK* 091797100 02/22/05 929 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Restricted Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Performance- Based/Indexed Options Against Against ShrHoldr 6 Limit Executive Compensation Against Against ShrHoldr 04/26/05 - A THE CHUBB CORP. *CB* 171232101 03/07/05 2,256 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/26/05 - A THE GOODYEAR TIRE & RUBBER CO. *GT* 382550101 03/04/05 2,073 1 Elect Directors For For Mgmt 2 Amend Code of Regulations For For Mgmt 3 Declassify the Board of Directors None For Mgmt 4 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. Mgmt Rec - Company Management Recommended Vote Page 33 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 5 Ratify Auditors For For Mgmt 6 Review/Limit Executive Compensation Against Against ShrHoldr 04/26/05 - A THE NEW YORK TIMES CO. *NYT* 650111107 02/28/05 1,695 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/26/05 - A UNITED STATES STEEL CORP. *X* 912909108 02/25/05 1,320 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 04/26/05 - A VF CORP. *VFC* 918204108 03/08/05 1,283 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/26/05 - A WELLS FARGO & COMPANY *WFC* 949746101 03/08/05 19,923 1 Elect Directors For Split Mgmt 1.1 Elect Director J.A. Blanchard III --- For 1.2 Elect Director Susan E. Engel --- For 1.3 Elect Director Enrique Hernandez, Jr. --- Withhold Enrique Hernandez, Jr. is an affiliated outsider on the audit committee. 1.4 Elect Director Robert L. Joss --- For 1.5 Elect Director Reatha Clark King --- For 1.6 Elect Director Richard M. Kovacevich --- For 1.7 Elect Director Richard D. McCormick --- For 1.8 Elect Director Cynthia H. Milligan --- Withhold WITHHOLD votes from Cynthia H. Milligan for standing as an affiliated outsider on the Audit and Nominating committees and from Judith M. Runstad for standing as an affiliated outsider on the Audit Committee. WITHHOLD votes from Michael W. Wright and Donald B. Rice for standing as affiliated outsiders on the Compensation and Nominating committees. Mgmt Rec - Company Management Recommended Vote Page 34 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.9 Elect Director Philip J. Quigley --- Withhold 1.10 Elect Director Donald B. Rice --- Withhold 1.11 Elect Director Judith M. Runstad --- Withhold 1.12 Elect Director Stephen W. Sanger --- For 1.13 Elect Director Susan G. Swenson --- For 1.14 Elect Director Michael W. Wright --- For 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Adopt Policy on Payday Lenders Against Against ShrHoldr 5 Link Executive Compensation to Predatory Against Against ShrHoldr Lending 6 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 7 Limit Executive Compensation Against Against ShrHoldr 8 Separate Chairman and CEO Positions Against Against ShrHoldr 04/27/05 - A AMERICAN EXPRESS CO. *AXP* 025816109 02/28/05 14,797 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Company-Specific--Compensation-Related Against Against ShrHoldr 4 Report on Political Contributions Against Against ShrHoldr 04/27/05 - A ANHEUSER-BUSCH COMPANIES, INC. *BUD* 035229103 02/28/05 9,271 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Ratify Auditors For For Mgmt 04/27/05 - A BALL CORP. *BLL* 058498106 03/01/05 1,346 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Bundled Compensation Plans For For Mgmt 4 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (129%). The company has not offered a specific purpose for the additional shares. 5 Declassify the Board of Directors Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 35 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/27/05 - A BANK OF AMERICA CORP. *BAC* 060505104 03/04/05 47,500 1 Elect Directors For Split Mgmt 1.1 Elect Director William Barnet, III --- For 1.2 Elect Director Charles W. Coker --- For 1.3 Elect Director John T. Collins --- For 1.4 Elect Director Gary L. Countryman --- Withhold WITHHOLD votes from Gary L. Countryman for standing as an affiliated outsider on the Compensation Committee. 1.5 Elect Director Paul Fulton --- For 1.6 Elect Director Charles K. Gifford --- For 1.7 Elect Director W. Steven Jones --- For 1.8 Elect Director Kenneth D. Lewis --- For 1.9 Elect Director Walter E. Massey --- For 1.10 Elect Director Thomas J. May --- For 1.11 Elect Director Patricia E. Mitchell --- For 1.12 Elect Director Edward L. Romero --- For 1.13 Elect Director Thomas M. Ryan --- For 1.14 Elect Director O. Temple Sloan, Jr. --- For 1.15 Elect Director Meredith R. Spangler --- For 1.16 Elect Director Robert L. Tillman --- For 1.17 Elect Director Jackie M. Ward --- For 2 Ratify Auditors For For Mgmt 3 Report on Political Contributions Against Against ShrHoldr 4 Director Nominee Amendment Against Against ShrHoldr 04/27/05 - A BURLINGTON RESOURCES INC. *BR* 122014103 02/28/05 4,556 1 Elect Directors For Split Mgmt 1.1 Elect Director B.T. Alexander --- For 1.2 Elect Director R.V. Anderson --- For 1.3 Elect Director L.I. Grant --- For 1.4 Elect Director R.J. Harding --- For 1.5 Elect Director J.T. LaMacchia --- For 1.6 Elect Director R.L. Limbacher --- For 1.7 Elect Director J.F. McDonald --- For 1.8 Elect Director K.W. Orce --- Withhold WITHHOLD votes from K.W. Orce for standing as an affiliated outsider on the Nominating Committee. 1.9 Elect Director D.M. Roberts --- For Mgmt Rec - Company Management Recommended Vote Page 36 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.10 Elect Director J.A. Runde --- For 1.11 Elect Director J.F. Schwarz --- For 1.12 Elect Director W. Scott, Jr. --- For 1.13 Elect Director B.S. Shackouls --- For 1.14 Elect Director S.J. Shapiro --- For 1.15 Elect Director W.E. Wade, Jr --- For 2 Ratify Auditors For For Mgmt 04/27/05 - A CHEVRON CORP *CVX* 166764100 03/01/05 24,932 1 Elect Directors For Split Mgmt 1.1 Elect Director Samuel H. Armacost --- For 1.2 Elect Director Robert E. Denham --- Withhold Robert E. Denham is an affiliated outsider on the audit committee. 1.3 Elect Director Robert J. Eaton --- For 1.4 Elect Director Sam Ginn --- For 1.5 Elect Director Carla Anderson Hills --- For 1.6 Elect Director Franklyn G. Jenifer --- For 1.7 Elect Director Sam Nunn --- For 1.8 Elect Director David J. O'Reilly --- For 1.9 Elect Director Peter J. Robertson --- For 1.10 Elect Director Charles R. Shoemate --- For 1.11 Elect Director Ronald D. Sugar --- For 1.12 Elect Director Carl Ware --- For 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 4 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 5 Expense Stock Options Against Against ShrHoldr 6 Eliminate Animal Testing Against Against ShrHoldr 7 Report on Drilling in Protected Areas Against Against ShrHoldr 8 Report on Remediation Programs in Ecuador Against Against ShrHoldr 04/27/05 - A CIGNA CORP. *CI* 125509109 02/28/05 1,550 1 Elect Directors For Split Mgmt 1.1 Elect Director Peter N. Larson --- For 1.2 Elect Director Carol Cox Wait --- For 1.3 Elect Director William D. Zollars --- Withhold Mgmt Rec - Company Management Recommended Vote Page 37 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.4 Elect Director Marilyn Ware --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 04/27/05 - A E.I. DU PONT DE NEMOURS & CO. *DD* 263534109 03/07/05 11,707 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Government Service of Employees Against Against ShrHoldr 4 Implement ILO Code of Conduct Against Against ShrHoldr 5 Executive Compensation Against Against ShrHoldr 6 Eliminate Animal Testing Against Against ShrHoldr 7 Report on Genetically Modified Organisms Against Against ShrHoldr 8 Performance- Based/Indexed Options Against Against ShrHoldr 9 Report on PFOA Chemical Remediation Against Against ShrHoldr 04/27/05 - A EATON CORP. *ETN* 278058102 02/28/05 1,762 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/27/05 - A FLUOR CORP. *FLR* 343412102 03/02/05 950 1 Elect Directors For Split Mgmt 1.1 Elect Director Peter J. Fluor --- Withhold WITHHOLD votes from Peter J. Fluor for standing as an affiliated outsider on the Compensation and Nominating committees. 1.2 Elect Director David P. Gardner --- For 1.3 Elect Director Joseph W. Prueher --- For 1.4 Elect Director Suzanne H. Woolsey --- For 2 Ratify Auditors For For Mgmt 3 Amend Governance Documents Regarding Against Against ShrHoldr Majority Votes for Directors 04/27/05 - A GENERAL ELECTRIC CO. *GE* 369604103 02/28/05 124,323 1 Elect Directors For Split Mgmt 1.1 Elect Director James I. Cash, Jr. --- For 1.2 Elect Director William M. Castell --- For 1.3 Elect Director Dennis D. Dammerman --- For 1.4 Elect Director Ann M. Fudge --- For 1.5 Elect Director Claudio X. Gonzalez --- Mgmt Rec - Company Management Recommended Vote Page 38 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Withhold WITHHOLD votes for sitting on more than four boards. 1.6 Elect Director Jeffrey R. Immelt --- For 1.7 Elect Director Andrea Jung --- For 1.8 Elect Director Alan G. Lafley --- For 1.9 Elect Director Ralph S. Larsen --- For 1.10 Elect Director Rochelle B. Lazarus --- For 1.11 Elect Director Sam Nunn --- For 1.12 Elect Director Roger S. Penske --- For 1.13 Elect Director Robert J. Swieringa --- For 1.14 Elect Director Douglas A. Warner III --- For 1.15 Elect Director Robert C. Wright --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Report on Nuclear Fuel Storage Risks Against Against ShrHoldr 5 Report on PCB Clean-up Costs Against Against ShrHoldr 6 Adopt Policy on Overboarded Directors Against Against ShrHoldr 7 Prepare a Sustainability Report Against Against ShrHoldr 8 Political Contributions/Activities Against Against ShrHoldr 9 Eliminate Animal Testing Against Against ShrHoldr 04/27/05 - S GUIDANT CORP. *GDT* 401698105 03/21/05 3,735 1 Approve Merger Agreement For For Mgmt 04/27/05 - A KOHL'S CORP. *KSS* 500255104 03/02/05 3,988 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 4 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 04/27/05 - A MARATHON OIL CORP *MRO* 565849106 02/28/05 4,074 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 4 Amend Governance Documents Regarding Against Against ShrHoldr Director Nominees by Affirmative Votes Mgmt Rec - Company Management Recommended Vote Page 39 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/27/05 - A NCR CORPORATION *NCR* 62886E108 02/14/05 2,104 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Eliminate Domestic Partner Benefits for Against Against ShrHoldr Executives 04/27/05 - A NEWMONT MINING CORP. (HOLDING 651639106 03/03/05 4,767 COMPANY) *NEM* 1 Elect Directors For Split Mgmt 1.1 Elect Director Glen A. Barton --- For 1.2 Elect Director Vincent A. Calarco --- For 1.3 Elect Director Michael s. Hamson --- For 1.4 Elect Director Leo I. Higdon, Jr. --- For 1.5 Elect Director Pierre Lassonde --- For 1.6 Elect Director Robert J. Miller --- Withhold WITHHOLD votes from Robert J. Miller for standing as an affiliated outsider on the Nominating Committee. 1.7 Elect Director Wayne W. Murdy --- For 1.8 Elect Director Robin A. Plumbridge --- For 1.9 Elect Director John B. Prescott --- For 1.10 Elect Director Donald C. Roth --- For 1.11 Elect Director Seymour Schulich --- For 1.12 Elect Director James V. Taranik --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 04/27/05 - A TEXTRON INC. *TXT* 883203101 03/04/05 1,608 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-bsaed compensation. 04/27/05 - A THE MCGRAW-HILL COMPANIES, INC. *MHP* 580645109 03/08/05 2,185 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 5 Submit Shareholder Rights Plan Against For ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 40 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- (Poison Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 04/27/05 - A W.W. GRAINGER, INC. *GWW* 384802104 03/07/05 1,076 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 04/28/05 - A ADVANCED MICRO DEVICES, INC. *AMD* 007903107 02/28/05 4,147 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Expense Stock Options Against Against ShrHoldr 04/28/05 - A ALTRIA GROUP, INC. *MO* 02209S103 03/07/05 24,109 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Ratify Auditors For For Mgmt 5 Eliminate Animal Testing Against Against ShrHoldr 6 Product Warnings for Pregnant Women Against Against ShrHoldr 7 Cease Use of Light and Ultra Light in Against Against ShrHoldr Cigarette Marketing 8 Apply Fire Safety Standards for Cigarettes Against Against ShrHoldr 04/28/05 - A AMERICAN AXLE & MANUFACTURING 024061103 03/01/05 580 HOLDINGS, INC. *AXL* 1 Elect Directors For For Mgmt 04/28/05 - A AVERY DENNISON CORP. *AVY* 053611109 02/28/05 1,301 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 41 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/28/05 - A BAKER HUGHES INCORPORATED *BHI* 057224107 02/25/05 3,969 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Act on Shareholder Resolutions that Receive Against For ShrHoldr Majority Support The company's Governance Committee evaluates shareholder proposals (which may include direct communication with the shareholder proponent) and makes recommendations, as appropriate, to the board. However, the company's current process does not mandate direct communication between the board and the shareholder proponent. Although the company has recently acted on a majority-supported shareholder proposal to declassify the board, the company has ignored this proposal for the last five years. In light of a majority-supported shareholder proposal which has been ignored by management, it is best practice to ensure direct communication with the respective shareholder proponent(s). 04/28/05 - A CAPITAL ONE FINANCIAL CORP. *COF* 14040H105 02/28/05 2,894 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Report on Pay Disparity Against Against ShrHoldr 04/28/05 - A CROWN HOLDINGS, INC. *CCK* 228368106 03/15/05 1,969 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Non-Employee Director Stock Plan For For Mgmt 04/28/05 - A DTE ENERGY CO. *DTE* 233331107 02/28/05 2,080 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/28/05 - A HARRAH'S ENTERTAINMENT, INC. *HET* 413619107 02/28/05 1,319 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 42 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/28/05 - A JOHNSON & JOHNSON *JNJ* 478160104 03/01/05 34,890 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 04/28/05 - A KIMBERLY-CLARK CORP. *KMB* 494368103 02/28/05 5,766 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Adopt ILO Based Code of Conduct Against Against ShrHoldr 04/28/05 - A LEXMARK INTERNATIONAL, INC. *LXK* 529771107 03/04/05 1,493 1 Elect Directors For Split Mgmt 1.1 Elect Director B. Charles Ames --- For 1.2 Elect Director Ralph E. Gomory --- For 1.3 Elect Director Marvin L. Mann --- Withhold WITHHOLD votes from Marvin L. Mann for standing as an affiliated outsider on the Audit Committee. 1.4 Elect Director Teresa Beck --- For 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Ratify Auditors For For Mgmt 04/28/05 - A LOCKHEED MARTIN CORP. *LMT* 539830109 03/01/05 5,180 1 Elect Directors For Split Mgmt 1.1 Elect Director E.C. 'Pete' Aldridge, Jr. --- For 1.2 Elect Director Nolan D. Archibald --- For 1.3 Elect Director Marcus C. Bennett --- For 1.4 Elect Director James O. Ellis, Jr. --- For 1.5 Elect Director Gwendolyn S. King --- For 1.6 Elect Director Douglas H. McCorkindale --- For 1.7 Elect Director Eugene F. Murphy --- For 1.8 Elect Director Joseph W. Ralston --- Withhold WITHHOLD votes from Frank Savage for standing as an affiliated outsider on the Compensation Committee and Joseph W. Ralston for standing as an affiliated outsider on the Nominating Committee. 1.9 Elect Director Frank Savage --- Withhold Mgmt Rec - Company Management Recommended Vote Page 43 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.10 Elect Director Anne Stevens --- For 1.11 Elect Director Robert J. Stevens --- For 1.12 Elect Director James R. Ukropina --- For 1.13 Elect Director Douglas C. Yearley --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Performance-Based/Indexed Options Against Against ShrHoldr 5 Adopt Simple Majority Vote Requirement for Against For ShrHoldr All Issues A simple majority of voting shares should be sufficient to effect changes in a company's corporate governance. Requiring more than a simple majority may permit management to entrench itself by blocking amendments that are in shareholders' best interests. 6 Report on Pay Disparity Against Against ShrHoldr 7 and amend its code of conduct and policies Against Against ShrHoldr related to bidding Review Code of Conduct on Military Contracts 04/28/05 - A PEPSIAMERICAS, INC. *PAS* 71343P200 03/04/05 1,762 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 4 Adopt and Report on Recycling Standards Against Against ShrHoldr 04/28/05 - A PFIZER INC. *PFE* 717081103 03/02/05 88,611 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Establish Term Limits for Directors Against Against ShrHoldr 4 Report on Pharmaceutical Price Restraint Against Against ShrHoldr 5 Review and Report on Drug Reimportation Against Against ShrHoldr Policy 6 Report on Political Contributions Against Against ShrHoldr 7 Report on Product Availability in Canada Against Against ShrHoldr 8 Separate Chairman and CEO Positions Against Against ShrHoldr 04/28/05 - A THE AES CORP. *AES* 00130H105 03/03/05 7,763 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 44 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/28/05 - A VALERO ENERGY CORP. *VLO* 91913Y100 03/01/05 2,986 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 04/29/05 - A AETNA INC. *AET* 00817Y108 02/25/05 1,780 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Restore or Provide for Cumulative Voting Against Against ShrHoldr 6 Expense Stock Options Against Against ShrHoldr 04/29/05 - A COCA-COLA ENTERPRISES INC. *CCE* 191219104 03/02/05 5,421 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Limit Executive Compensation Against Against ShrHoldr 5 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 6 Amendment of Governance Documents to Against Against ShrHoldr Require Election of Directors by Majority Vote 7 Performance and Time-Based Restricted Share Against Against ShrHoldr Grant Program for Senior Executives 04/29/05 - A KELLOGG CO. *K* 487836108 03/01/05 4,824 1 Elect Directors For Split Mgmt 1.1 Elect Director Claudio X. Gonzalez --- Withhold WITHHOLD votes from Claudio X. Gonzalez for sitting on more than four boards. 1.2 Elect Director A. D. David Mackay --- For 1.3 Elect Director William C. Richardson --- For 1.4 Elect Director John L. Zabriskie --- For 2 Ratify Auditors For For Mgmt 3 Report on Genetically Modified Organisms Against Against ShrHoldr (GMO) 4 Employ Financial Advisor to Explore Against Against ShrHoldr Alternatives to Maximize Value Mgmt Rec - Company Management Recommended Vote Page 45 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/29/05 - A SBC COMMUNICATIONS INC. *SBC* 78387G103 03/01/05 39,074 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 4 Report on Political Contributions Against Against ShrHoldr 5 Report on Executive Compensation Against Against ShrHoldr 6 Performance- Based/Indexed Options Against Against ShrHoldr 7 Adopt Simple Majority Vote Against For ShrHoldr Supermajority vote requirements generally serve to lock in provisions that are harmful to shareholders. Requiring approval by more than a simple majority of voting shares may entrench management by preventing action that may benefit shareholders. 04/30/05 - A HARLEY-DAVIDSON, INC. *HDI* 412822108 03/09/05 3,477 1 Elect Directors For Split Mgmt 1.1 Elect Director George H. Conrades --- Withhold George H. Conrades is an affiliated outsider on the compensation and nominating committees. 1.2 Elect Director Sara L. Levinson --- For 1.3 Elect Director George L. Miles, Jr. --- For 2 Approve/Amend Employee Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/02/05 - A AFLAC INCORPORATED *AFL* 001055102 02/23/05 5,981 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/02/05 - A JEFFERSON-PILOT CORP. *JP* 475070108 03/01/05 1,592 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/02/05 - A MBNA CORP. *KRB* 55262L100 02/04/05 15,003 1 Elect Directors For Split Mgmt 1.1 Elect Director James H. Berick --- Withhold WITHHOLD votes from James H. Berick for standing as an affiliated outsider on the Audit Committee, from Benjamin R. Civiletti and James H. Berick for Mgmt Rec - Company Management Recommended Vote Page 46 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- standing as affiliated outsiders on the Compensation Committee, from Benjamin R. Civiletti and James H. Berick for standing as affiliated outsiders on the Nominating Committee. 1.2 Elect Director Mary M. Boies --- For 1.3 Elect Director Benjamin R. Civiletti --- Withhold 1.4 Elect Director Bruce L. Hammonds --- For 1.5 Elect Director William L. Jews --- For 1.6 Elect Director Randolph D. Lerner --- For 1.7 Elect Director Stuart L. Markowitz, M.D. --- For 1.8 Elect Director William B. Milstead --- For 1.9 Elect Director Thomas G. Murdough, Jr. --- For 1.10 Elect Director Laura S. Unger --- For 2 Ratify Auditors For For Mgmt 3 Expense Stock Options Against Against ShrHoldr 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 05/02/05 - A MOTOROLA, INC. *MOT* 620076109 03/04/05 28,666 1 Elect Directors For For Mgmt 2 Limit Executive Compensation Against Against ShrHoldr 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/02/05 - A ROHM AND HAAS CO. *ROH* 775371107 03/04/05 2,617 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Stock Option For For Mgmt Plan 3 Amend 401(k)/Savings Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Other Business For Against Mgmt Details of other business items not disclosed 05/02/05 - A THE BOEING CO. *BA* 097023105 03/03/05 9,858 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Adopt Human Rights Policy Against Against ShrHoldr 4 Develop Ethical Criteria for Military Against Against ShrHoldr Contracts 5 Report on Political Contributions Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 47 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 6 Declassify the Board of Directors Against Against ShrHoldr 7 Adopt Simple Majority Vote Requirement Against For ShrHoldr SSGA supports shareholder proposals seeking to eliminate supermajority vote requirements, as they may serve as entrenchment devices for management and therefore are not in the shareholders' best interest. 8 Establish Other Board Committee Against Against ShrHoldr 9 Separate Chairman and CEO Positions Against Against ShrHoldr 05/03/05 - A AMERICAN STANDARD COMPANIES INC. 029712106 03/10/05 2,565 *ASD* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A BAXTER INTERNATIONAL INC. *BAX* 071813109 03/04/05 7,226 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Restore or Provide for Cumulative Voting Against Against ShrHoldr 4 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 5 Declassify the Board of Directors None Against ShrHoldr 05/03/05 - A BRISTOL-MYERS SQUIBB CO. *BMY* 110122108 03/07/05 22,976 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Articles to Eliminate Certain For For Mgmt Supermajority Vote Requirements 4 Report on Political Contributions Against Against ShrHoldr 5 Report on Operational Impact of HIV/AIDS, Against Against ShrHoldr TB, and Malaria Pandemic 6 Eliminate Animal Testing Against Against ShrHoldr 7 Separate Chairman and CEO Positions Against Against ShrHoldr 8 Proposal Regarding Restatement Situations Against Against ShrHoldr 9 Limit/Prohibit Awards to Executives Against For ShrHoldr SSGA supports performance based compensation. 10 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 48 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/03/05 - A COOPER TIRE & RUBBER CO. *CTB* 216831107 03/07/05 868 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prepare Sustainability Report Against Against ShrHoldr 05/03/05 - A GEORGIA-PACIFIC CORP. *GP* 373298108 03/01/05 3,061 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Declassify the Board of Directors Against For Mgmt 05/03/05 - A MGM MIRAGE *MGM* 552953101 03/14/05 1,615 1 Elect Directors For Split Mgmt 1.1 Elect Director James D. Aljian --- Withhold WITHHOLD votes from from James D. Aljian for standing as an insider on the compensation committee 1.2 Elect Director Robert H. Baldwin --- For 1.3 Elect Director Terry N. Christensen --- For 1.4 Elect Director Willie D. Davis --- Withhold WITHHOLD votes from Willie D. Davis for sitting on more than six boards. 1.5 Elect Director Alexander M. Haig, Jr. --- For 1.6 Elect Director Alexis M. Herman --- For 1.7 Elect Director Roland Hernandez --- For 1.8 Elect Director Gary N. Jacobs --- For 1.9 Elect Director Kirk Kerkorian --- For 1.10 Elect Director J. Terrence Lanni --- For 1.11 Elect Director George J. Mason --- For 1.12 Elect Director James J. Murren --- For 1.13 Elect Director Ronald M. Popeil --- For 1.14 Elect Director John T. Redmond --- For 1.15 Elect Director Daniel M. Wade --- For 1.16 Elect Director Melvin B. Wolzinger --- For 1.17 Elect Director Alex Yemenidjian --- For 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the Mgmt Rec - Company Management Recommended Vote Page 49 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- allowable cap of 15%. 4 Ratify Auditors For For Mgmt 05/03/05 - A REEBOK INTERNATIONAL LTD. *RBK* 758110100 02/22/05 706 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/03/05 - A THE ST. PAUL TRAVELERS COMPANIES, 792860108 03/11/05 7,961 INC. *STA* 1 Elect Directors For Split Mgmt 1.1 Elect Director John H. Dasburg --- For 1.2 Elect Director Leslie B. Disharoon --- For 1.3 Elect Director Janet M. Dolan --- For 1.4 Elect Director Kenneth M. Duberstein --- For 1.5 Elect Director Jay S. Fishman --- For 1.6 Elect Director Lawrence G. Graev --- Withhold WITHHOLD votes from Lawrence G. Graev for standing as an affiliated outsider on the Compensation and Nominating committees. 1.7 Elect Director Thomas R. Hodgson --- For 1.8 Elect Director Robert I. Lipp --- For 1.9 Elect Director Blythe J. McGarvie --- For 1.10 Elect Director Glen D. Nelson, M.D. --- For 1.11 Elect Director Clarence Otis, Jr. --- For 1.12 Elect Director Charles W. Scharf --- For 1.13 Elect Director Laurie J. Thomsen --- For 2 Ratify Auditors For For Mgmt 05/03/05 - A UNITEDHEALTH GROUP INCORPORATED *UNH* 91324P102 03/07/05 7,661 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Performance- Based/Indexed Options Against For ShrHoldr Given that: (1) the company currently does not incorporate a substantial portion of performance-based awards in its long-term executive compensation program and (2) the proposal is not overly restrictive as it does not request that all awards to all employees be performance-based or that all Mgmt Rec - Company Management Recommended Vote Page 50 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- awards to top executives must be of a particular type, this item warrants shareholder support. 4 Performance- Based/Indexed Options Against For ShrHoldr Given that: (1) the company currently does not incorporate a substantial portion of performance-based awards in its long-term executive compensation program and (2) the proposal is not overly restrictive as it does not request that all awards to all employees be performance-based or that all awards to top executives must be of a particular type, this item warrants shareholder support. 05/04/05 - A AMERADA HESS CORP. *AHC* 023551104 03/14/05 1,055 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/04/05 - A BRUNSWICK CORP. *BC* 117043109 03/03/05 1,153 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/04/05 - A COLGATE-PALMOLIVE CO. *CL* 194162103 03/07/05 6,262 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Stock Option Plan For For Mgmt 4 Approve Non-Employee Director Stock Option For For Mgmt Plan 5 Review/Limit Executive Compensation Against Against ShrHoldr 05/04/05 - A CSX CORP. *CSX* 126408103 03/04/05 2,537 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Subject Non-Deductible Executive Against Against ShrHoldr Compensation to Shareholder Vote 4 Adopt Simple Majority Vote Requirement Against For ShrHoldr SSGA support shareholder proposals seeking to eliminate supermajority vote requirements, as they may serve as entrenchment devices for management and therefore are not in the shareholders' best interest. 05/04/05 - A DANAHER CORP. *DHR* 235851102 03/07/05 3,612 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 51 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/04/05 - A GENERAL DYNAMICS CORP. *GD* 369550108 03/11/05 2,368 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 4 Report on Foreign Weapons Sales Against Against ShrHoldr 05/04/05 - A LEGGETT & PLATT, INC. *LEG* 524660107 02/28/05 2,296 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/04/05 - A PEPSICO, INC. *PEP* 713448108 03/11/05 19,798 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Corporate Political Contributions Against Against ShrHoldr 05/04/05 - A RAYTHEON CO. *RTN* 755111507 03/09/05 5,277 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 5 Amend Non-Employee Director Restricted For For Mgmt Stock Plan 6 Adopt MacBride Principles Against Against ShrHoldr 7 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 8 Require Director Nominee Qualifications Against Against ShrHoldr 05/04/05 - A SAFECO CORP. *SAFC* 786429100 03/07/05 1,538 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 05/04/05 - A TESORO CORP. *TSO* 881609101 03/14/05 735 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan Mgmt Rec - Company Management Recommended Vote Page 52 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 3 Ratify Auditors For For Mgmt 05/05/05 - A APACHE CORP. *APA* 037411105 03/16/05 3,836 1 Elect Directors For For Mgmt 2 Approve Stock Option Plan For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 5 Prohibit Auditor from Providing Non-Audit Against Against ShrHoldr Services 05/05/05 - A AVON PRODUCTS, INC. *AVP* 054303102 03/16/05 5,570 1 Elect Directors For Split Mgmt 1.1 Elect Director Fred Hassan --- For 1.2 Elect Director Ann S. Moore --- Withhold Ann S. Moore is an affiliated director on the compensation and nominating committees. 1.3 Elect Director Lawrence A. Weinbach --- For 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 5 Disclose Charitable Contributions and Against Against ShrHoldr Fundraising Efforts 6 Reformulate Products to Remove Chemicals Against Against ShrHoldr Banned by EU 05/05/05 - A CINERGY CORP. *CIN* 172474108 03/04/05 2,067 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A CONOCOPHILLIPS *COP* 20825C104 03/10/05 8,150 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/05/05 - A EASTMAN CHEMICAL CO. *EMN* 277432100 03/15/05 914 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 53 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/05/05 - A EMC CORP. *EMC* 268648102 03/07/05 28,166 1 Elect Directors For Split Mgmt 1.1 Elect Director Michael J. Cronin --- For 1.2 Elect Director W. Paul Fitzgerald --- Withhold WITHHOLD votes from W. Paul Fitzgerald for standing as an affiliated outsider on the audit committee and nominating committee. 1.3 Elect Director Joseph M. Tucci --- For 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 5 Creation of an Independent Audit Committee Against Against ShrHoldr 05/05/05 - A ENGELHARD CORP. *EC* 292845104 03/15/05 1,505 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A KEYCORP *KEY* 493267108 03/08/05 4,805 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A LEAR CORPORATION *LEA* 521865105 03/18/05 779 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 05/05/05 - A LYONDELL CHEMICAL CO. *LYO* 552078107 03/10/05 2,818 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A SCANA CORPORATION *SCG* 80589M102 03/10/05 1,314 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/05/05 - A STARWOOD HOTELS & RESORTS WORLDWIDE, 85590A203 03/17/05 2,475 INC. *HOT* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 54 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 3 Amend Executive Incentive Bonus Plan For For Mgmt 4 Provide for Confidential Voting Against For ShrHoldr SSGA supports confidential voting. 5 Expense Stock Options Against Against ShrHoldr 05/05/05 - A SUNOCO, INC. *SUN* 86764P109 02/10/05 910 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A TELEPHONE AND DATA SYSTEMS, INC. 879433100 03/24/05 689 *TDS* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/05/05 - A UNION PACIFIC CORP. *UNP* 907818108 02/25/05 3,104 1 Elect Directors For Split Mgmt 1.1 Elect Director Philip F. Anschutz --- Withhold Philip F. Anschutz is a CEO director on the nominating committee. 1.2 Elect Director Erroll B. Davis, Jr. --- For 1.3 Elect Director Richard K. Davidson --- For 1.4 Elect Director Thomas J. Donohue --- For 1.5 Elect Director Archie W. Dunham --- For 1.6 Elect Director Spencer F. Eccles --- For 1.7 Elect Director Judith Richards Hope --- For 1.8 Elect Director Michael W. McConnell --- For 1.9 Elect Director Steven R. Rogel --- For 1.10 Elect Director James R. Young --- For 1.11 Elect Director Ernesto Zedillo Ponce de Leon --- For 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Performance- Based/Indexed Options Against Against ShrHoldr 05/05/05 - A UNITED PARCEL SERVICE, INC. *UPS* 911312106 03/07/05 13,137 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 55 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/05/05 - A VERIZON COMMUNICATIONS *VZ* 92343V104 03/07/05 32,611 1 Elect Directors For Split Mgmt 1.1 Elect Director James R. Barker --- For 1.2 Elect Director Richard L. Carrion --- Withhold Richard L. Carrion is an affiliated outsider on the compensation committee. 1.3 Elect Director Robert W. Lane --- For 1.4 Elect Director Sandra O. Moose --- Withhold Sandra O. Moose is an affiliated outsider on the audit and nominating committees. 1.5 Elect Director Joseph Neubauer --- Withhold WITHHOLD votes for sitting on more than four boards while serving as CEO. 1.6 Elect Director Thomas H. O' Brien --- For 1.7 Elect Director Hugh B. Price --- For 1.8 Elect Director Ivan G. Seidenberg --- For 1.9 Elect Director Walter V. Shipley --- For 1.10 Elect Director John R. Stafford --- For 1.11 Elect Director Robert D. Storey --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 5 Require Majority of Independent Directors Against For ShrHoldr on Board SSGA supports proposals urging a standard of a two-thirds majority independent board, which the company currently does not meet. 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Amend Director/Officer Against Against ShrHoldr Liability/Indemnifications Provisions 8 Report on Political Contributions Against Against ShrHoldr 05/05/05 - A WISCONSIN ENERGY CORP. *WEC* 976657106 02/25/05 1,371 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 56 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/06/05 - A ARROW ELECTRONICS, INC. *ARW* 042735100 03/22/05 1,390 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 05/06/05 - A ECOLAB, INC. *ECL* 278865100 03/15/05 3,073 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Ratify Auditors For For Mgmt 05/06/05 - A FISHER SCIENTIFIC INTERNATIONAL INC. 338032204 03/22/05 1,353 *FSH* 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/06/05 - A ILLINOIS TOOL WORKS INC. *ITW* 452308109 03/08/05 3,433 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Implement China Principles Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/06/05 - A MARRIOTT INTERNATIONAL INC. (NEW) 571903202 03/15/05 2,659 *MAR* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Declassify the Board of Directors Against Against ShrHoldr 5 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/06/05 - A OCCIDENTAL PETROLEUM CORP. *OXY* 674599105 03/03/05 4,576 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Proposal Regarding Board Sponsored Proposals Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 57 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 5 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 05/06/05 - A REYNOLDS AMERICAN INC *RAI* 761713106 03/08/05 1,779 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Phase Out Sale of Conventional Cigarettes Against Against ShrHoldr 5 Adopt Policy on Internet Advertising Against Against ShrHoldr 6 Apply Fire Safety Standards for Cigarettes Against Against ShrHoldr 05/06/05 - A RYDER SYSTEM, INC. *R* 783549108 03/11/05 738 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 05/06/05 - A SPX CORP. *SPW* 784635104 03/18/05 944 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/06/05 - A TEMPLE-INLAND INC. *TIN* 879868107 03/09/05 637 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/06/05 - A THE BRINKS COMPANY *BCO* 109696104 03/15/05 644 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Approve Omnibus Stock Plan For For Mgmt 05/06/05 - A THE SERVICEMASTER COMPANY *SVM* 81760N109 03/09/05 3,553 1 Elect Directors For For Mgmt 2 Amend Articles For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 58 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/09/05 - A OFFICEMAX INC *BCC* 67622P101 03/21/05 1,032 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 05/09/05 - A PITNEY BOWES INC. *PBI* 724479100 03/11/05 2,690 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/10/05 - A 3M CO *MMM* 88579Y101 03/11/05 9,169 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Eliminate Animal Testing Against Against ShrHoldr 5 Implement China Principles Against Against ShrHoldr 05/10/05 - A BOSTON SCIENTIFIC CORP. *BSX* 101137107 03/18/05 9,948 1 Elect Directors For Split Mgmt 1.1 Elect Director Ray J. Groves --- Withhold Ray J. Groves is an affiliated outsider on the compensation and nominating committees. 1.2 Elect Director Peter M. Nicholas --- For 1.3 Elect Director Warren B. Rudman --- For 1.4 Elect Director James R. Tobin --- For 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/10/05 - A CUMMINS , INC. *CMI* 231021106 03/21/05 485 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert J. Darnall --- For 1.2 Elect Director John M. Deutch --- For 1.3 Elect Director Alexis M. Herman --- For 1.4 Elect Director William I. Miller --- Withhold William I. Miller is an affiliated outsider on the nominating committee. 1.5 Elect Director Georgia R. Nelson --- For 1.6 Elect Director Theodore M. Solso --- For 1.7 Elect Director Carl Ware --- For Mgmt Rec - Company Management Recommended Vote Page 59 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.8 Elect Director J. Lawrence Wilson --- For 2 Ratify Auditors For For Mgmt 3 Implement Labor Rights Standards in China Against Against ShrHoldr 05/10/05 - A INTERNATIONAL PAPER CO. *IP* 460146103 03/17/05 5,762 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 05/10/05 - A ITT INDUSTRIES, INC. *ITT* 450911102 03/18/05 1,086 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 05/10/05 - A LOEWS CORP. *LTR* 540424108 03/14/05 2,194 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Provide for Cumulative Voting Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Support Legislation and Make Public Against Against ShrHoldr Statements on Environmental Tobacco Smoke 8 Apply Fire Safety Standards for Cigarettes Against Against ShrHoldr 05/10/05 - A LOEWS CORP. *LTR* 540424207 03/14/05 666 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Provide for Cumulative Voting Against Against ShrHoldr 6 Report on Political Contributions Against Against ShrHoldr 7 Support Legislation and Make Public Against Against ShrHoldr Statements on Environmental Tobacco Smoke 8 Apply Fire Safety Standards for Cigarettes Against Against ShrHoldr 05/10/05 - A MASCO CORP. *MAS* 574599106 03/15/05 5,269 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 60 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/10/05 - A NISOURCE INC. *NI* 65473P105 03/15/05 3,111 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 5 Declassify the Board of Directors Against Against ShrHoldr 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/10/05 - A NORTHEAST UTILITIES *NU* 664397106 03/11/05 1,507 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Articles For For Mgmt 05/10/05 - A QUEST DIAGNOSTICS, INCORPORATED *DGX* 74834L100 03/14/05 1,145 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Non-Employee Director Stock Option For For Mgmt Plan 05/10/05 - A TENNECO AUTOMOTIVE INC. *TEN* 880349105 03/15/05 517 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles W. Cramb --- For 1.2 Elect Director Timothy R. Donovan --- For 1.3 Elect Director M. Kathryn Eickhoff --- For 1.4 Elect Director Mark P. Frissora --- For 1.5 Elect Director Frank E. Macher --- For 1.6 Elect Director Roger B. Porter --- For 1.7 Elect Director David B. Price, Jr. --- For 1.8 Elect Director Dennis G. Severance --- For 1.9 Elect Director Paul T. Stecko --- Withhold Paul T. Stecko is an affiliated outsider on the compensation and nominating committees. 1.10 Elect Director Jane L. Warner --- For 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 61 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/10/05 - A THE GAP, INC. *GPS* 364760108 03/14/05 10,265 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 05/10/05 - A W. R. BERKLEY CORP. *BER* 084423102 03/24/05 1,035 1 Elect Directors For Split Mgmt 1.1 Elect Director Rodney A. Hawes, Jr. --- For 1.2 Elect Director Jack H. Nusbaum --- Withhold WITHHOLD votes from Jack H. Nusbaum for standing as an affiliated outsider on the Nominating Committee. 1.3 Elect Director Mark L. Shapiro --- For 2 Ratify Auditors For For Mgmt 05/10/05 - A WELLPOINT INC *WLP* 94973V107 03/18/05 3,524 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 05/11/05 - A AMGEN, INC. *AMGN* 031162100 03/18/05 14,985 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Eliminate Animal Testing Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr 5 Adopt Retention Ratio for Executives Against Against ShrHoldr 05/11/05 - A AUTONATION, INC. *AN* 05329W102 03/25/05 3,098 1 Elect Directors For Split Mgmt 1.1 Elect Director Mike Jackson --- For 1.2 Elect Director Robert J. Brown --- For 1.3 Elect Director J.P. Bryan --- For 1.4 Elect Director Rick L. Burdick --- Withhold WITHHOLD votes from Rick L. Burdick for standing as an affiliated outsider on the Nominating Committee. 1.5 Elect Director William C. Crowley --- For 1.6 Elect Director Edward S. Lampert --- For Mgmt Rec - Company Management Recommended Vote Page 62 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.7 Elect Director Irene B. Rosenfeld --- For 2 Ratify Auditors For For Mgmt 05/11/05 - A CAREMARK RX, INC. *CMX* 141705103 03/29/05 5,397 1 Elect Directors For Split Mgmt 1.1 Elect Director Edwin M. Crawford --- For 1.2 Elect Director Kristen Gibney Williams --- Withhold Kristen Gibney Williams is an affiliated outsider on the audit committee. 1.3 Elect Director Edward L. Hardin --- For 2 Report on Political Contributions Against Against ShrHoldr 05/11/05 - A CDW CORP. *CDWC* 12512N105 03/18/05 949 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 05/11/05 - A CIT GROUP INC *CIT* 125581108 03/25/05 2,503 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 05/11/05 - A EASTMAN KODAK CO. *EK* 277461109 03/15/05 3,437 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Declassify the Board of Directors For For Mgmt 6 Amend Articles For For Mgmt 7 Amend Articles For For Mgmt 05/11/05 - A FIRST DATA CORP. *FDC* 319963104 03/14/05 9,734 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Report on Outsourcing Against Against ShrHoldr 6 Amend Director/Officer Against Against ShrHoldr Liability/Indemnifications Provisions Mgmt Rec - Company Management Recommended Vote Page 63 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/11/05 - A MCDONALD'S CORP. *MCD* 580135101 03/14/05 14,804 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Genetically Modified Organisms Against Against ShrHoldr 05/11/05 - A MOLSON COORS BREWING CO *TAP* 60871R209 03/28/05 615 1 Elect Directors For For Mgmt 05/11/05 - A MURPHY OIL CORP. *MUR* 626717102 03/15/05 1,083 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (125%). The company has not offered a specific purpose for the additional shares. 3 Ratify Auditors For For Mgmt 05/11/05 - A NEWELL RUBBERMAID INC. *NWL* 651229106 03/15/05 3,239 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 05/11/05 - A OWENS-ILLINOIS, INC. *OI* 690768403 03/14/05 1,753 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/11/05 - A PROGRESS ENERGY, INC. *PGN* 743263105 03/04/05 2,923 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - A SMURFIT - STONE CONTAINER CORP. 832727101 03/14/05 2,896 *SSCC* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - A UNITED STATIONERS INC. *USTR* 913004107 03/18/05 384 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 64 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/11/05 - A USG CORP. *USG* 903293405 03/16/05 518 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/11/05 - A VISTEON CORPORATION *VC* 92839U107 03/15/05 1,534 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 05/12/05 - A ANADARKO PETROLEUM CORP. *APC* 032511107 03/14/05 2,943 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Report on Political Contributions Against Against ShrHoldr 05/12/05 - A CVS CORPORATION *CVS* 126650100 03/15/05 4,748 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Performance- Based/Indexed Options Against Against ShrHoldr 5 Review/Limit Executive Compensation Against Against ShrHoldr 05/12/05 - A DUKE ENERGY CORP. *DUK* 264399106 03/14/05 10,989 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt 05/12/05 - A FORD MOTOR COMPANY *F* 345370860 03/16/05 21,482 1 Elect Directors For Split Mgmt 1.1 Elect Director John R.H. Bond --- Withhold Vote FOR the directors with the exception of affiliated outsiders Robert E. Rubin and John R.H. Bond, from whom we recommend shareholders WITHHOLD votes for standing as affiliated outsiders on the Compensation and Nominating & Corporate Governance committees. 1.2 Elect Director Stephen G. Butler --- For 1.3 Elect Director Kimberly A. Casiano --- For 1.4 Elect Director Edsel B. Ford II --- For Mgmt Rec - Company Management Recommended Vote Page 65 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.5 Elect Director William Clay Ford, Jr. --- For 1.6 Elect Director Irvine O. Hockaday, Jr. --- For 1.7 Elect Director Marie-Josee Kravis --- For 1.8 Elect Director Richard A. Manoogian --- For 1.9 Elect Director Ellen R. Marram --- For 1.10 Elect Director Homer A. Neal --- For 1.11 Elect Director Jorma Ollila --- For 1.12 Elect Director James J. Padilla --- For 1.13 Elect Director Carl E. Reichardt --- For 1.14 Elect Director Robert E. Rubin --- Withhold 1.15 Elect Director John L. Thornton --- For 2 Ratify Auditors For For Mgmt 3 Increase Disclosure on Executive Against Against ShrHoldr Compensation 4 Report on Lobbying Efforts - CAFE Standards Against Against ShrHoldr 5 Prohibit Awards to Executives Against Against ShrHoldr 6 Link Executive Compensation to Greenhouse Against Against ShrHoldr Gas Reduction 7 Adopt Recapitalization Plan Against For ShrHoldr SSGA does not support dual-class with unequal voting rights. 8 Establish Other Board Committee Against Against ShrHoldr 05/12/05 - A HEALTH NET, INC. *HNT* 42222G108 03/18/05 1,345 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/12/05 - A LINCOLN NATIONAL CORP. *LNC* 534187109 03/07/05 2,091 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/12/05 - A MAYTAG CORP. *MYG* 578592107 03/14/05 933 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Declassify the Board of Directors Against For ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 66 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 5 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 6 Report on Outsourcing Against Against ShrHoldr 7 Adopt ILO-based Code of Conduct Against Against ShrHoldr 05/12/05 - A NORFOLK SOUTHERN CORP. *NSC* 655844108 03/07/05 4,602 1 Elect Directors For Split Mgmt 1.1 Elect Director Gerald L. Baliles --- Withhold WITHHOLD votes from Gerald L. Baliles for standing as an affiliated outsider on the Nominating Committee. 1.2 Elect Director Gene R. Carter --- For 1.3 Elect Director Charles W. Moorman --- For 1.4 Elect Director J. Paul Reason --- For 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 05/12/05 - A NUCOR CORP. *NUE* 670346105 03/14/05 1,852 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Approve Omnibus Stock Plan For For Mgmt 05/12/05 - A PULTE HOMES INC. *PHM* 745867101 03/22/05 1,549 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 5 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 67 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/12/05 - A THE DOW CHEMICAL COMPANY *DOW* 260543103 03/14/05 11,117 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Persistent Bioaccumulative and Against Against ShrHoldr Toxic Chemicals 05/12/05 - A THE GILLETTE CO. *G* 375766102 03/14/05 11,696 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/12/05 - A UNUMPROVIDENT CORPORATION *UNM* 91529Y106 03/14/05 3,504 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Require a Majority Vote for the Election of None Against ShrHoldr Directors 5 Establish Board of Directors to Enable Against Against ShrHoldr Direct Communication on Corporate Governance Matters 05/13/05 - A ENTERGY CORP. *ETR* 29364G103 03/16/05 2,680 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require the Chairman of the Board Be an Against Against ShrHoldr Independent Director 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/13/05 - A OFFICE DEPOT, INC. *ODP* 676220106 03/10/05 3,655 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Review/Limit Executive Compensation Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/13/05 - A WASTE MANAGEMENT, INC. *WMI* 94106L109 03/18/05 6,719 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Privatization Against Against ShrHoldr 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 5 Report on Political Contributions Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 68 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 6 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 05/16/05 - A CONSOLIDATED EDISON, INC. *ED* 209115104 03/28/05 2,804 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Executive Compensation Against Against ShrHoldr 05/16/05 - A LIMITED BRANDS *LTD* 532716107 03/31/05 4,586 1 Elect Directors For For Mgmt 05/17/05 - A ALLMERICA FINANCIAL CORP. *AFC* 019754100 03/21/05 640 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A AMAZON.COM, INC. *AMZN* 023135106 04/01/05 4,634 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/17/05 - A BIG LOTS INC. *BLI* 089302103 03/25/05 1,377 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 05/17/05 - A COMERICA INC. *CMA* 200340107 03/18/05 1,965 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A FIRSTENERGY CORPORATION *FE* 337932107 03/22/05 3,858 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Political Contributions Against Against ShrHoldr 4 Amend Vote Requirements to Amend Against For ShrHoldr Articles/Bylaws/Charter SSGA supports proposals that ask the company to reduce its supermajority vote requirements. 5 Performance- Based/Indexed Options Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 69 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/17/05 - A JPMORGAN CHASE & CO. *JPM* 46625H100 03/22/05 41,961 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. 4 Establish Term Limits for Directors Against Against ShrHoldr 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Limit Executive Compensation Against Against ShrHoldr 7 Adopt Executive Benefit Policy Against Against ShrHoldr 05/17/05 - A LANDAMERICA FINANCIAL GROUP, INC. 514936103 03/31/05 200 *LFG* 1 Elect Directors For For Mgmt 2 Approve Qualified Employee Stock Purchase For For Mgmt Plan 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/17/05 - A NORTHROP GRUMMAN CORP. *NOC* 666807102 03/21/05 4,136 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Amend Nonemployee Director Plan (Stock For For Mgmt Awards in Lieu of Cash) 5 Adopt Simply Majority Vote Requirement Against For ShrHoldr SSGA supports shareholder proposals seeking to eliminate supermajority vote requirements. 05/17/05 - A OMNICARE, INC. *OCR* 681904108 03/30/05 1,199 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/17/05 - A PREMCOR INC *PCO* 74045Q104 03/22/05 1,019 1 Elect Directors For Split Mgmt 1.1 Elect Director Thomas D. O'Malley --- For 1.2 Elect Director Jefferson F. Allen --- For 1.3 Elect Director Wayne A. Budd --- For Mgmt Rec - Company Management Recommended Vote Page 70 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.4 Elect Director Stephen I. Chazen --- For 1.5 Elect Director Marshall A. Cohen --- Withhold WITHHOLD votes from Marshall A. Cohen for sitting on more than six boards. 1.6 Elect Director David I. Foley --- For 1.7 Elect Director Robert L. Friedman --- For 1.8 Elect Director Edward F. Kosnik --- For 1.9 Elect Director Richard C. Lappin --- For 1.10 Elect Director Eija Malmivirta --- For 1.11 Elect Director Wilkes McClave III --- For 2 Increase Authorized Common Stock For For Mgmt 3 Ratify Auditors For For Mgmt 05/17/05 - A PRINCIPAL FINANCIAL GROUP, INC. *PFG* 74251V102 03/18/05 3,635 1 Elect Directors For For Mgmt 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Ratify Auditors For For Mgmt 4 Approve Omnibus Stock Plan For For Mgmt 05/17/05 - A THE ALLSTATE CORP. *ALL* 020002101 03/18/05 8,111 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 05/18/05 - A ADVANCE AUTO PARTS INC *AAP* 00751Y106 03/30/05 819 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Adopt Policy to Prohibit Discrimination Against Against ShrHoldr based on Sexual Orientation 05/18/05 - A AMR CORP. *AMR* 001765106 03/21/05 1,667 1 Elect Directors For Split Mgmt 1.1 Elect Director Gerard J. Arpey --- For 1.2 Elect Director John W. Bachmann --- For 1.3 Elect Director David L. Boren --- For 1.4 Elect Director Edward A. Brennan --- For 1.5 Elect Director Armando M. Codina --- For Mgmt Rec - Company Management Recommended Vote Page 71 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.6 Elect Director Earl G. Graves --- For 1.7 Elect Director Ann M. Korologos --- For 1.8 Elect Director Michael A. Miles --- For 1.9 Elect Director Philip J. Purcell --- Withhold WITHHOLD votes from Philip J. Purcell for standing as an affiliated outsider on the Compensation Committee. 1.10 Elect Director Joe M. Rodgers --- For 1.11 Elect Director Judith Rodin --- For 1.12 Elect Director Matthew K. Rose --- For 1.13 Elect Director Roger T. Staubach --- For 2 Ratify Auditors For For Mgmt 3 Establish Term Limits for Directors Against Against ShrHoldr 05/18/05 - A FIRST AMERICAN CORP. *FAF* 318522307 03/31/05 1,022 1 Elect Directors For Split Mgmt 1.1 Elect Director Gary J. Beban --- For 1.2 Elect Director J. David Chatham --- For 1.3 Elect Director Hon. William G. Davis --- For 1.4 Elect Director James L. Doti --- For 1.5 Elect Director Lewis W. Douglas, Jr. --- For 1.6 Elect Director Paul B. Fay, Jr. --- For 1.7 Elect Director D.P. Kennedy --- For 1.8 Elect Director Parker S. Kennedy --- For 1.9 Elect Director Frank E. O'Bryan --- Withhold WITHHOLD votes from Frank E. O'Bryan for standing as an affiliated outsider on the Audit Committee. 1.10 Elect Director Roslyn B. Payne --- For 1.11 Elect Director D. Van Skilling --- For 1.12 Elect Director Herbert B. Tasker --- For 1.13 Elect Director Virginia M. Ueberroth --- For 05/18/05 - A HALLIBURTON CO. *HAL* 406216101 03/21/05 5,863 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 72 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/18/05 - A INTEL CORP. *INTC* 458140100 03/21/05 74,540 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 05/18/05 - A JONES APPAREL GROUP, INC. *JNY* 480074103 03/18/05 1,527 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 05/18/05 - A MOHAWK INDUSTRIES, INC. *MHK* 608190104 03/21/05 785 1 Elect Directors For For Mgmt 05/18/05 - A PERFORMANCE FOOD GROUP CO. *PFGC* 713755106 03/21/05 524 1 Elect Directors For For Mgmt 05/18/05 - A SOUTHWEST AIRLINES CO. *LUV* 844741108 03/23/05 9,294 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A TARGET CORPORATION *TGT* 87612E106 03/21/05 10,555 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A THE HARTFORD FINANCIAL SERVICES 416515104 03/22/05 3,509 GROUP, INC. *HIG* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt 05/18/05 - A TRIBUNE CO. *TRB* 896047107 03/23/05 3,776 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 73 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/18/05 - A WELLCHOICE INC *WC* 949475107 03/25/05 986 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/18/05 - A WESCO INTERNATIONAL, INC. *WCC* 95082P105 04/04/05 497 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A AMERICAN FINANCIAL GROUP, INC. *AFG* 025932104 03/31/05 796 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A BORDERS GROUP, INC. *BGP* 099709107 03/22/05 937 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A C.H. ROBINSON WORLDWIDE, INC. *CHRW* 12541W100 03/28/05 1,003 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 05/19/05 - A CABLEVISION SYSTEMS CORP. *CVC* 12686C109 04/04/05 3,373 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A COVENTRY HEALTH CARE INC. *CVH* 222862104 03/21/05 1,257 1 Elect Directors For Split Mgmt 1.1 Elect Director Joel Ackerman --- For 1.2 Elect Director Emerson D. Farley, Jr., M.D. --- For 1.3 Elect Director Lawrence N. Kugelman --- Withhold WITHHOLD votes from Lawrence N. Kugelman for standing as an affiliated outsider on the Audit Committee. Mgmt Rec - Company Management Recommended Vote Page 74 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.4 Elect Director Dale B. Wolf --- For 2 Ratify Auditors For For Mgmt 05/19/05 - A EDISON INTERNATIONAL *EIX* 281020107 03/21/05 3,850 1 Elect Directors For For Mgmt 2 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 05/19/05 - A HOST MARRIOTT CORP. *HMT* 44107P104 03/30/05 3,884 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert M. Baylis --- For 1.2 Elect Director Terence C. Golden --- Withhold WITHHOLD votes from Terence C. Golden for standing as an affiliated outsider on the Audit Committee. 1.3 Elect Director Ann McLaughlin Korologos --- For 1.4 Elect Director Richard E. Marriott --- For 1.5 Elect Director Judith A. McHale --- For 1.6 Elect Director John B. Morse, Jr. --- For 1.7 Elect Director Christopher J. Nassetta --- For 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/19/05 - A HUGHES SUPPLY, INC. *HUG* 444482103 03/25/05 772 1 Elect Directors For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Other Business For Against Mgmt Details of other business items not disclosed 05/19/05 - A LIZ CLAIBORNE, INC. *LIZ* 539320101 03/21/05 1,271 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential Mgmt Rec - Company Management Recommended Vote Page 75 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ dilution under all plans is above the allowable cap of 15%. 05/19/05 - A MARSH & MCLENNAN COMPANIES, INC. 571748102 03/21/05 6,141 *MMC* 1 Elect Directors For Split Mgmt 1.1 Elect Director Michael G. Cherkasky --- For 1.2 Elect Director Stephen R. Hardis --- Withhold WITHHOLD votes from Stephen R. Hardis for sitting on more than six boards. 1.3 Elect Director The Rt. Hon. Lord Lang of Monkton, DL --- For 1.4 Elect Director Morton O. Schapiro --- For 1.5 Elect Director Adele Simmons --- For 2 Ratify Auditors For For Mgmt 3 Approve Option Exchange Program For Against Mgmt SSGA does not support proposals that seek to approve the reprcing of options. 4 Limit Executive Compensation Against Against ShrHoldr 5 Request That the Board of Directors Adopt Against For ShrHoldr an Executive Compensation Policy That All Future Stock Option Grants to Senior Executives Shall be Performance-Based SSGA supports performance-based compensation. 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/19/05 - A MATTEL, INC. *MAT* 577081102 03/23/05 4,862 1 Elect Directors For For Mgmt 2 Ratify Auditor For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 5 Workplace Code of Conduct Against Against ShrHoldr 05/19/05 - A NTL INCORPORATED *NTLI* 62940M104 04/11/05 962 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Approve Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 76 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/19/05 - A OGE ENERGY CORP. *OGE* 670837103 03/21/05 1,041 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A PACIFICARE HEALTH SYSTEMS, INC. *PHS* 695112102 03/31/05 1,024 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A RADIOSHACK CORP. *RSH* 750438103 03/22/05 1,887 1 Elect Directors For For Mgmt 05/19/05 - A REGIONS FINANCIAL CORP. *RF* 7591EP100 03/24/05 5,468 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A ROSS STORES, INC. *ROST* 778296103 03/25/05 1,827 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A SLM CORP. *SLM* 78442P106 03/21/05 5,095 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A THE CHARLES SCHWAB CORP. *SCH* 808513105 03/21/05 16,003 1 Elect Directors For Split Mgmt 1.1 Elect Director Frank C. Herringer --- For 1.2 Elect Director Stephen T. McLin --- Withhold WITHHOLD votes from Stephen T. McLin for standing as an affiliated outsider on the Audit and Nominating committees. 1.3 Elect Director Charles R. Schwab --- For 1.4 Elect Director Roger O. Walther --- For 1.5 Elect Director Robert N. Wilson --- For Mgmt Rec - Company Management Recommended Vote Page 77 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 05/19/05 - A THE WILLIAMS COMPANIES, INC. *WMB* 969457100 03/28/05 6,517 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/19/05 - A XEROX CORP. *XRX* 984121103 03/24/05 11,230 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A YUM BRANDS, INC. *YUM* 988498101 03/21/05 3,490 1 Declassify the Board of Directors For For Mgmt 2 Elect Directors For Split Mgmt 2.1 Elect Director David W. Dorman --- Withhold David W. Dorman is an affiliated outsider on the compensation committee. 2.2 Elect Director Massimo Ferragamo --- For 2.3 Elect Director J. David Grissom --- For 2.4 Elect Director Bonnie Hill --- For 2.5 Elect Director Robert Holland, Jr. --- For 2.6 Elect Director Kenneth G. Langone --- For 2.7 Elect Director Jonathan S. Linen --- Withhold Jonathan S. Linen is an affiliated outsider on the audit committee. 2.8 Elect Director David C. Novak --- For 2.9 Elect Director Andrall E. Pearson --- For 2.10 Elect Director Thomas M. Ryan --- Withhold Thomas M. Ryan is an affiliated outsider on the Mgmt Rec - Company Management Recommended Vote Page 78 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ compensation and nominating committees. 2.11 Elect Director Jackie Trujillo --- For 2.12 Elect Director Robert J. Ulrich --- Withhold Robert J. Ulrich is an affiliated outsider on the compensation committee. 3 Elect Directors David W. Dorman, Massimo For Against Mgmt Ferragamo, Thomas M. Ryan, Robert Ulrich and Jonathan Linen 4 Ratify Auditors For For Mgmt 5 Sustainability Report Against Against ShrHoldr 6 Prepare a Diversity Report Against Against ShrHoldr 7 Adopt MacBride Principles Against Against ShrHoldr 8 Report on Genetically Modified Organisms Against Against ShrHoldr (GMO) 9 Report on Animal Welfare Standards Against Against ShrHoldr 05/20/05 - A ALLIED WASTE INDUSTRIES, INC. *AW* 019589308 04/01/05 3,650 1 Elect Directors For Split Mgmt 1.1 Elect Director Charles H. Cotros --- For 1.2 Elect Director Robert M. Agate --- For 1.3 Elect Director Leon D. Black --- For 1.4 Elect Director James W. Crownover --- For 1.5 Elect Director Michael S. Gross --- Withhold WITHHOLD votes from Michael S. Gross for sitting on more than four boards. 1.6 Elect Director Dennis R. Hendrix --- For 1.7 Elect Director J. Tomilson Hill --- For 1.8 Elect Director Nolan Lehmann --- For 1.9 Elect Director Howard A. Lipson --- For 1.10 Elect Director Antony P. Ressler --- For 2 Ratify Auditor For For Mgmt 3 Amend Non-Employee Director Omnibus Stock For For Mgmt Plan 05/20/05 - A AON CORP. *AOC* 037389103 03/23/05 3,668 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/20/05 - A CMS ENERGY CORP. *CMS* 125896100 03/31/05 2,185 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 79 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/20/05 - A CONSTELLATION ENERGY GROUP, INC. 210371100 03/18/05 2,051 *CEG* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/20/05 - A FPL GROUP, INC. *FPL* 302571104 03/22/05 4,322 1 Elect Directors For Split Mgmt 1.1 Elect Director Director H. Jesse Arnelle --- For 1.2 Elect Director Director Sherry S. Barrat --- For 1.3 Elect Director Director Robert M. Beall, II --- For 1.4 Elect Director Director J. Hyatt Brown --- Withhold We recommend a vote FOR the director with the exception of independent outsider J. Hyatt Brown. We recommend that shareholders WITHHOLD votes from J. Hyatt Brown for sitting on more than four boards. 1.5 Elect Director Director James L. Camaren --- For 1.6 Elect Director Director Lewis Hay, III --- For 1.7 Elect Director Director Rudy E. Schupp --- For 1.8 Elect Director Director Michael H. Thaman --- For 1.9 Elect Director Director Hansel E. Tookes, II --- For 1.10 Elect Director Director Paul R. Tregurtha --- For 1.11 Elect Director Director Frank G. Zarb --- For 2 Ratify Auditors For For Mgmt 05/20/05 - A J. C. PENNEY CO., INC (HLDG CO) *JCP* 708160106 03/21/05 3,382 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are Mgmt Rec - Company Management Recommended Vote Page 80 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ not acting in the best interest of shareholders until their term is completed. 05/20/05 - A KEYSPAN CORPORATION *KSE* 49337W100 03/22/05 1,847 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/20/05 - A PEPCO HOLDINGS, INC. *POM* 713291102 03/21/05 2,213 1 Elect Directors For Split Mgmt 1.1 Elect Director Edmund B. Cronin, Jr. --- For 1.2 Elect Director Pauline A. Schneider --- Withhold WITHHOLD votes from Pauline A. Schneider for standing as an affiliated outsider on the Nominating Committee. 1.3 Elect Director Dennis R. Wraase --- For 2 Declassify the Board of Directors For For Mgmt 3 Ratify Auditors For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/20/05 - A SEALED AIR CORP. *SEE* 81211K100 03/22/05 1,001 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/20/05 - A TIME WARNER INC *TWX* 887317105 03/24/05 55,137 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Pay Disparity Against Against ShrHoldr 05/20/05 - A TXU CORP. *TXU* 873168108 03/21/05 2,910 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/21/05 - A DILLARD'S, INC. *DDS* 254067101 03/31/05 962 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Restricted Stock Plan For Against Mgmt The initiative cannot be supported as the total dilution under all plans is greater than the allowable cap of 15%. Mgmt Rec - Company Management Recommended Vote Page 81 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 4 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 5 Approve Non-Employee Director Restricted For Against Mgmt Stock Plan The initiative cannot be supported as the total dilution under all plans is greater than the allowable cap of 15% and other terms of the plan. 6 ILO Standards Against Against ShrHoldr 05/23/05 - A UNOCAL CORP. *UCL* 915289102 04/01/05 3,036 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Separate Chairman and CEO Positions Against Against ShrHoldr 05/24/05 - A DEAN FOODS COMPANY *DF* 242370104 04/01/05 1,782 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prepare a Sustainability Report Against Against ShrHoldr 05/24/05 - A DOLLAR GENERAL CORP. *DG* 256669102 03/21/05 3,944 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/24/05 - A EQUITY OFFICE PROPERTIES TRUST *EOP* 294741103 03/17/05 4,738 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A HENRY SCHEIN, INC. *HSIC* 806407102 04/11/05 964 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 05/24/05 - A LONGS DRUG STORES CORP. *LDG* 543162101 03/11/05 454 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants and the total level of potential dilution under all plans is above the allowable cap of 15%. Mgmt Rec - Company Management Recommended Vote Page 82 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 3 Ratify Auditors For For Mgmt 4 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 05/24/05 - A NORDSTROM, INC. *JWN* 655664100 03/16/05 1,703 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/24/05 - A OMNICOM GROUP INC. *OMC* 681919106 04/08/05 2,457 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/24/05 - A TRIAD HOSPITALS, INC. *TRI* 89579K109 04/08/05 985 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 05/25/05 - A EXPRESS SCRIPTS, INC. *ESRX* 302182100 03/31/05 889 1 Elect Directors For Split Mgmt 1.1 Elect Director Gary G. Benanav --- For 1.2 Elect Director Frank J. Borelli --- For 1.3 Elect Director Maura C. Breen --- For 1.4 Elect Director Nicholas J. Lahawchic --- For 1.5 Elect Director Thomas P. MacMahon --- For 1.6 Elect Director John O. Parker, Jr. --- For 1.7 Elect Director George Paz --- For 1.8 Elect Director Samuel K. Skinner --- For 1.9 Elect Director Seymour Sternberg --- Withhold Seymour Sternberg is an affiliated outsider on the nominating committee. 1.10 Elect Director Barrett A. Toan --- For Mgmt Rec - Company Management Recommended Vote Page 83 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.11 Elect Director Howard L. Waltman --- For 2 Ratify Auditors For For Mgmt 05/25/05 - A EXXON MOBIL CORP. *XOM* 30231G102 04/06/05 83,271 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Political Contributions/Activities Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr 5 Nominate Independent Directors with Against Against ShrHoldr Industry Experience 6 Report on Payments to Indonesian Military Against Against ShrHoldr 7 Adopt Policy Prohibiting Discrimination Against Against ShrHoldr based on Sexual Orientation 8 Report on Potential Damage of Drilling in Against Against ShrHoldr Protected Regions 9 Disclose Information Supporting the Company Against Against ShrHoldr Position on Climate Change 10 Report on Company Policies for Compliance Against Against ShrHoldr with the Kyoto Protocol 05/25/05 - A FOOT LOCKER INC *FL* 344849104 04/01/05 1,802 1 Elect Directors For Split Mgmt 1.1 Elect Director Purdy Crawford --- Withhold WITHHOLD votes from Purdy Crawford for standing as an affiliated outsider on the Audit and Compensation committees. 1.2 Elect Director Nicholas DiPaolo --- For 1.3 Elect Director Philip H. Geier Jr. --- For 1.4 Elect Director Alan D. Feldman --- For 2 Ratify Auditors For For Mgmt 05/25/05 - A SAFEWAY INC. *SWY* 786514208 03/28/05 5,216 1 Elect Directors For Split Mgmt 1.1 Elect Director Steven A. Burd --- For 1.2 Elect Director Janet E. Grove --- For 1.3 Elect Director Mohan Gyani --- For 1.4 Elect Director Paul Hazen --- For 1.5 Elect Director Robert I. MacDonnell --- Withhold Robert I. MacDonnell is an affiliated outsider by SSGA standards, on the Audit and Compensation committees. 1.6 Elect Director Douglas J. MacKenzie --- For Mgmt Rec - Company Management Recommended Vote Page 84 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.7 Elect Director Rebecca A. Stirn --- For 1.8 Elect Director William Y. Tauscher --- Withhold William Y. Tauscher is an affiliated outsider by SSGA standards, on the compensation committee. 1.9 Elect Director Raymond G. viault --- For 2 Ratify Auditors For For Mgmt 3 Provide for Cumulative Voting Against Against ShrHoldr 4 Seek Sale of Company Against Against ShrHoldr 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Prepare a Sustainability Report Against Against ShrHoldr 7 Limit Awards to Executives Against Against ShrHoldr 8 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 9 Limit Composition of Committee(s) to Against Against ShrHoldr Independent Directors 10 Proposal Regarding the Office of The Board Against Against ShrHoldr of Directors 05/25/05 - A SOUTHERN COMPANY *SO* 842587107 03/28/05 8,667 1 Elect Directors For Split Mgmt 1.1 Elect Director Daniel P. Amos --- For 1.2 Elect Director Dorrit J. Bern --- For 1.3 Elect Director Francis S. Blake --- Withhold Francis S. Blake is an affiliated outsider on the audit committee. 1.4 Elect Director Thomas F. Chapman --- Withhold Thomas F. Chapman is an affiliated director on the compensation and nominating committees. 1.5 Elect Director Bruce S. Gordon --- For 1.6 Elect Director Donald M. James --- Withhold Donald M. James is an affiliated outsider on the audit committee. 1.7 Elect Director Zack T. Pate --- For 1.8 Elect Director J. Neal Purcell --- For 1.9 Elect Director David M. Ratcliffe --- For 1.10 Elect Director Gerald J. St. Pe --- For 2 Ratify Auditors For For Mgmt 3 Report on Political Contributions Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 85 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 05/25/05 - A THE PEPSI BOTTLING GROUP, INC. *PBG* 713409100 03/31/05 2,885 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 05/25/05 - A XCEL ENERGY INC. *XEL* 98389B100 03/28/05 4,713 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/26/05 - A BJ WHOLESALE CLUB, INC *BJ* 05548J106 04/11/05 764 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A EL PASO CORP *EP* 28336L109 03/28/05 7,583 1 Elect Directors For Withhold Mgmt 2 Approve Non-Employee Director Omnibus Stock For For Mgmt Plan 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For Against Mgmt Routine proposal seeking ratification of the company's auditors. 05/26/05 - A HCA, INC. *HCA* 404119109 03/28/05 5,155 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 05/26/05 - A HILTON HOTELS CORP. *HLT* 432848109 03/28/05 4,454 1 Elect Directors For Split Mgmt 1.1 Elect Director Stephen F. Bollenbach --- For 1.2 Elect Director Barbara Bell Coleman --- For 1.3 Elect Director Benjamin V. Lambert --- Withhold Benjamin V. Lambert is an affiliated outisider on the nominating committee. Mgmt Rec - Company Management Recommended Vote Page 86 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.4 Elect Director John L. Notter --- For 1.5 Elect Director Peter V. Ueberroth --- For 2 Ratify Auditors For For Mgmt 3 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/26/05 - A HOME DEPOT, INC. (THE) *HD* 437076102 03/28/05 25,906 1 Elect Directors For Split Mgmt 1.1 Elect Director Gregory D. Brenneman --- For 1.2 Elect Director Richard H. Brown --- For 1.3 Elect Director John L. Clendenin --- For 1.4 Elect Director Berry R. Cox --- For 1.5 Elect Director Claudio X. Gonzalez --- Withhold WITHHOLD votes from Claudio X. Gonzalez for sitting on more than four boards. 1.6 Elect Director Milledge A. Hart, III --- For 1.7 Elect Director Bonnie G. Hill --- For 1.8 Elect Director Laban P. Jackson, Jr. --- For 1.9 Elect Director Lawrence R. Johnston --- For 1.10 Elect Director Kenneth G. Langone --- For 1.11 Elect Director Robert L. Nardelli --- For 1.12 Elect Director Thomas J. Ridge --- For 2 Ratify Auditors For For Mgmt 3 Amend Nomination Procedures for the Board For Against Mgmt The proposed time frame for director nominations is not appropriate. A reasonable time frame for submittals would be no later than 60 days prior to the meeting with a submittal window of at least 60 days. 4 Approve Omnibus Stock Plan For For Mgmt 5 Prepare Diversity Report Against Against ShrHoldr 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 7 Limit Executive Compensation Against Against ShrHoldr 8 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote Mgmt Rec - Company Management Recommended Vote Page 87 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 9 Performance- Based/Indexed Options Against Against ShrHoldr 10 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation of this type. 11 Affirm Political Nonpartisanship Against Against ShrHoldr 05/26/05 - A KINDRED HEALTHCARE, INC. *KIND* 494580103 03/31/05 410 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/26/05 - A MITTAL STL CO N V 60684P101 05/05/05 1,286 MEETING FOR HOLDERS OF ADR'S 1 TO ADOPT THE ANNUAL ACCOUNTS FOR FISCAL For For Mgmt 2004. 2 REPORT ON THE POLICY OF THE COMPANY For For Mgmt CONCERNING RESERVES AND DIVIDEND PROPOSAL. 3 TO APPROVE THE MANAGEMENT PERFORMED BY THE For For Mgmt MANAGING BOARD DURING FISCAL 2004 4 TO RE-APPOINT MESSRS. ANDRES ROZENTAL, For For Mgmt NARAYANAN VAGHUL, MUNI KRISHNA T. REDDY AND RENE GERARD LOPEZ AS MANAGING DIRECTORS C. 5 TO DESIGNATE MRS. USHA MITTAL, AS THE For For Mgmt PERSON REFERRED TO IN ARTICLE 23 OF THE ARTICLES OF ASSOCIATION OF THE COMPANY. 6 TO RE-APPOINT DELOITTE ACCOUNTANTS AS THE For For Mgmt REGISTERED ACCOUNTANTS OF THE COMPANY. 7 TO DESIGNATE THE MANAGING BOARD AS For For Mgmt AUTHORIZED CORPORATE BODY (ORGAAN) TO REPURCHASE CLASS A SHARES IN THE CAPITAL. 8 TO EXTEND THE AUTHORITY OF THE MANAGING For For Mgmt BOARD TO ISSUE AND/OR GRANT RIGHTS TO SUBSCRIBE FOR SHARES 9 TO EXTEND THE AUTHORITY OF THE MANAGING For For Mgmt BOARD TO LIMIT OR EXCLUDE THE PRE-EMPTIVE RIGHTS TO CLASS A SHARES IN CAPITAL. Mgmt Rec - Company Management Recommended Vote Page 88 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 10 ADOPTION OF THE REMUNERATION POLICY FOR THE For For Mgmt MEMBERS OF THE MANAGING BOARD. 11 TO APPROVE AN INCREASE IN THE REMUNERATION For For Mgmt OF THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER AND PRESIDENT AND CHIEF FINANCIAL OFFICER. 12 TO AMEND THE ARTICLES OF ASSOCIATION OF THE For For Mgmt COMPANY. 05/26/05 - A R. R. DONNELLEY & SONS CO. *RRD* 257867101 04/01/05 2,500 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Limit Executive Compensation Against Against ShrHoldr 05/26/05 - A TENET HEALTHCARE CORP. *THC* 88033G100 04/01/05 5,387 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/26/05 - A VIACOM INC. *VIA* 925524100 03/31/05 19,382 1 Elect Directors For Split Mgmt 1.1 Elect Director George S. Abrams --- For 1.2 Elect Director David R. Andelman --- For 1.3 Elect Director Joseph A. Califano, Jr. --- For 1.4 Elect Director William S. Cohen --- For 1.5 Elect Director Philippe P. Dauman --- For 1.6 Elect Director Alan C. Greenberg --- For 1.7 Elect Director Charles E. Phillips, Jr. --- For 1.8 Elect Director Shari Redstone --- For 1.9 Elect Director Sumner M. Redstone --- For 1.10 Elect Director Frederic V. Salerno --- Withhold WITHHOLD votes from Frederic V. Salerno for standing as an affiliated outsider on the Audit, Compensation and Nominating committees. WITHHOLD votes from William Schwartz for standing as an affiliated outsider on the Compensation and Nominating committees. Mgmt Rec - Company Management Recommended Vote Page 89 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.11 Elect Director William Schwartz --- Withhold 1.12 Elect Director Robert D. Walter --- For 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 4 Approve Non-Employee Director Restricted For For Mgmt Stock Plan 05/26/05 - A YORK INTERNATIONAL CORP *YRK* 986670107 03/28/05 474 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/27/05 - A LOWE'S COMPANIES, INC. *LOW* 548661107 04/01/05 8,809 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Stock Option For For Mgmt Plan 3 Ratify Auditors For For Mgmt 05/27/05 - A OLD REPUBLIC INTERNATIONAL CORP. 680223104 03/21/05 2,176 *ORI* 1 Elect Directors For For Mgmt 05/27/05 - A PHELPS DODGE CORP. *PD* 717265102 04/07/05 1,278 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 05/31/05 - A MEDCO HEALTH SOLUTIONS INC *MHS* 58405U102 04/04/05 3,125 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Approve Qualified Employee Stock Purchase For For Mgmt Plan 5 Approve Executive Incentive Bonus Plan For For Mgmt 06/01/05 - A BARNES & NOBLE, INC. *BKS* 067774109 04/08/05 856 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 90 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 06/01/05 - A COMCAST CORP. *CMCSA* 20030N101 03/24/05 26,160 1 Elect Directors For Split Mgmt 1.1 Elect Director S. Decker Anstrom --- Withhold S. Decker Anstrom is an affiliated outsider on the compensation and nominating committees. 1.2 Elect Director Kenneth J. Bacon --- For 1.3 Elect Director Sheldon M. Bonovitz --- For 1.4 Elect Director Edward D. Breen --- For 1.5 Elect Director Julian A. Brodsky --- For 1.6 Elect Director Joseph L. Castle, II --- For 1.7 Elect Director Joseph J. Collins --- For 1.8 Elect Director J. Michael Cook --- For 1.9 Elect Director Brian L. Roberts --- For 1.10 Elect Director Ralph J. Roberts --- For 1.11 Elect Director Dr. Judith Rodin --- For 1.12 Elect Director Michael I. Sovern --- For 2 Ratify Auditors For For Mgmt 3 Amend Restricted Stock Plan For For Mgmt 4 Report on Political Contributions Against Against ShrHoldr 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 7 Approve Recapitalization Plan Against For ShrHoldr SSGA supports the request that the company take steps to develop a recapitalization plan whereby all of the company's outstanding stock would have one vote. 06/01/05 - A INGRAM MICRO, INC. *IM* 457153104 04/04/05 1,715 1 Elect Directors For Split Mgmt 1.1 Elect Director Kent B. Foster --- For 1.2 Elect Director Howard I. Atkins --- For 1.3 Elect Director Martha R. Ingram --- Withhold Martha R. Ingram is an affiliate outsider on the nominating committee. 1.4 Elect Director Linda Fayne Levinson --- For Mgmt Rec - Company Management Recommended Vote Page 91 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.5 Elect Director Kevin M. Murai --- For 1.6 Elect Director G.M.E. Spierkel --- For 06/02/05 - A ALBERTSON'S, INC. *ABS* 013104104 04/13/05 4,044 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 4 Adopt Simply Majority Vote Requirement Against For ShrHoldr SSGA supports the reduction of a company's voting requirements. 5 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 6 Separate Chairman and CEO Positions Against Against ShrHoldr 7 Performance- Based/Indexed Options Against For ShrHoldr The proposal requests that a significant portion of future stock option grants to senior executives shall be performance-based. This is not unduly restrictive. 06/02/05 - A CENTERPOINT ENERGY INC *CNP* 15189T107 04/04/05 3,469 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against Against ShrHoldr 4 Other Business Against Against Mgmt 06/02/05 - A UNIVERSAL HEALTH SERVICES, INC. *UHS* 913903100 04/22/05 644 1 Elect Directors For For Mgmt 2 Approve Stock Option Plan For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Approve Qualified Employee Stock Purchase For For Mgmt Plan 5 Adopt Policy to Prohibit Discrimination Against Against ShrHoldr based on Sexual Orientation 06/03/05 - A WAL-MART STORES, INC. *WMT* 931142103 04/05/05 55,188 1 Elect Directors For Split Mgmt 1.1 Elect Director James W. Breyer --- For 1.2 Elect Director M. Michele Burns --- For 1.3 Elect Director Douglas N. Daft --- For 1.4 Elect Director David D. Glass --- For Mgmt Rec - Company Management Recommended Vote Page 92 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.5 Elect Director Roland A. Hernandez --- Withhold 1.6 Elect Director John D. Opie --- For 1.7 Elect Director J. Paul Reason --- For 1.8 Elect Director H. Lee Scott, Jr. --- For 1.9 Elect Director Jack C. Shewmaker --- For 1.10 Elect Director Jose H. Villarreal --- For 1.11 Elect Director John T. Walton --- For 1.12 Elect Director S. Robson Walton --- For 1.13 Elect Director Christopher J. Williams --- For 1.14 Elect Director Linda S. Wolf --- For 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Report on Executive Compensation Against Against ShrHoldr 5 Prepare Sustainability Report Against Against ShrHoldr 6 Report on Stock Option Distribution by Race Against Against ShrHoldr and Gender 7 Report on Political Contributions Against Against ShrHoldr 8 Prepare Equal Opportunity Report Against Against ShrHoldr 9 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 10 Require Majority of Independent Directors Against Against ShrHoldr on Board 11 Performance- Based/Indexed Options Against Against ShrHoldr 06/07/05 - A GENERAL MOTORS CORP. *GM* 370442105 04/08/05 7,337 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Prohibit Awards to Executives Against Against ShrHoldr 4 Provide for Cumulative Voting Against Against ShrHoldr 5 Report on Greenhouse Gas Emissions Against Against ShrHoldr 6 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 7 Adopt Simple Majority Vote Requirement for Against Against ShrHoldr All Issues 06/07/05 - A KERR-MCGEE CORP. *KMG* 492386107 03/11/05 1,794 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Increase Authorized Common Stock For For Mgmt 5 Establish Office of the Board of Directors Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 93 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 06/07/05 - A PRUDENTIAL FINANCIAL INC *PRU* 744320102 04/11/05 5,728 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Approve Qualified Employee Stock Purchase For For Mgmt Plan 06/07/05 - A RELIANT ENERGY INC. *RRI* 75952B105 04/12/05 3,272 1 Elect Directors For Split Mgmt 1.1 Elect Director E. William Barnett --- Withhold E. William Barnett is an affiliated outsider on the Audit and Compensation committees. 1.2 Elect Director Donald J. Breeding --- For 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 06/07/05 - A TECH DATA CORP. *TECD* 878237106 04/11/05 620 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 06/07/05 - A THE TJX COMPANIES, INC. *TJX* 872540109 04/18/05 5,368 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Adopt ILO-Based Code of Conduct Against Against ShrHoldr 5 Review Vendor Standards Against Against ShrHoldr 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 06/08/05 - A DEVON ENERGY CORP. *DVN* 25179M103 04/11/05 5,234 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors Mgmt Rec - Company Management Recommended Vote Page 94 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 06/08/05 - A LIBERTY MEDIA CORP. *L* 530718105 04/26/05 29,100 1 Elect Directors For Split Mgmt 1.1 Elect Director David E. Rapley --- For 1.2 Elect Director Larry E. Romrell --- Withhold Larry E. Romrell is an affiliated outsider on the compensation and nominating committees. 2 Ratify Auditors For For Mgmt 06/09/05 - A ENERGY EAST CORPORATION *EAS* 29266M109 04/18/05 1,593 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/13/05 - A STAPLES, INC. *SPLS* 855030102 04/19/05 5,405 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 06/15/05 - A COUNTRYWIDE FINANCIAL CORP. *CFC* 222372104 04/20/05 6,332 1 Elect Directors For For Mgmt 2 Amend Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/15/05 - A SUPERVALU INC. *SVU* 868536103 04/18/05 1,466 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 06/16/05 - A CONTINENTAL AIRLINES, INC. *CAL* 210795308 04/21/05 704 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 95 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 4 Other Business For Against Mgmt Details of other business items not disclosed 06/20/05 - A WORLD FUEL SERVICES CORP. *INT* 981475106 04/22/05 200 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 06/21/05 - A CARMAX INC *KMX* 143130102 04/29/05 1,155 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Non-Employee Director Omnibus Stock For For Mgmt Plan 06/21/05 - A CIRCUIT CITY STORES, INC. *CC* 172737108 04/25/05 2,026 1 Elect Directors For Split Mgmt 1.1 Elect Director Carolyn H. Byrd --- For 1.2 Elect Director Ursula O. Fairbairn --- Withhold Ursula O. Fairbairn is an affiliated outsider on the compensation and nominating committees. 1.3 Elect Director Alan Kane --- For 1.4 Elect Director J. Patrick Spainhour --- For 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Nonqualified Employee Stock For For Mgmt Purchase Plan 4 Ratify Auditors For For Mgmt 06/22/05 - A FIDELITY NATIONAL FINANCIAL, INC. 316326107 04/25/05 1,940 *FNF* 1 Elect Directors For Split Mgmt 1.1 Elect Director William P. Foley, Ii --- For 1.2 Elect Director Frank P. Willey --- For 1.3 Elect Director Terry N. Christensen --- Withhold WITHHOLD votes from Terry N. Christensen for standing as an affiliated outsider on the Nominating Committee. 1.4 Elect Director Thomas M. Hagerty --- For 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 96 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 06/23/05 - A BEST BUY CO., INC. *BBY* 086516101 04/25/05 3,530 1 Elect Directors For Split Mgmt 1.1 Elect Director Ronald James --- Withhold Ronald James is an affiliated outsider on the nominating committee. 1.2 Elect Director Elliot S. Kaplan --- For 1.3 Elect Director Matthew H. Paull --- Withhold Matthew H. Paull is an affiliated outsider on the audit committee. 1.4 Elect Director Richard M. Schulze --- For 1.5 Elect Director Mary A. Tolan --- For 1.6 Elect Director Hatim A. Tyabji --- For 2 Ratify Auditors For For Mgmt 06/23/05 - A THE KROGER CO. *KR* 501044101 04/25/05 7,978 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Eliminate super-majority provision Against For ShrHoldr SSGA generally supports a simple majority vote to effect changes in a company's corporate governance or to engage in major transactions. Requiring a higher voting threshold could permit management to entrench itself by blocking amendments that are in shareholders' best interests. 5 Report on Feasibility of Improving Animal Against For ShrHoldr Welfare Standards 6 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 06/23/05 - S TOYS 'R' US, INC. *TOY* 892335100 05/20/05 2,250 1 Approve Merger Agreement For For Mgmt 06/24/05 - A CAESARS ENTERTAINMENT, INC 127687101 04/25/05 3,392 1 Elect Directors For For Mgmt 06/29/05 - S ASHLAND INC. *ASH* 044204105 05/12/05 717 1 Approve Transfer of Interest in Joint For For Mgmt Venture Mgmt Rec - Company Management Recommended Vote Page 97 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 06/30/05 - A AT&T CORP. *T* 001957505 05/27/05 8,356 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 3 Elect Directors For For Mgmt 4 Ratify Auditors For For Mgmt 5 Limit Awards to Executives Against Against ShrHoldr 6 Performance- Based/Indexed Options Against Against ShrHoldr 7 Report on Executive Compensation Against Against ShrHoldr 8 Redeem or Vote Poison Pill Against For ShrHoldr SSGA supports proposals that asks the company to submit it's poison pill to shareholder vote. 9 Review Executive Compensation Against Against ShrHoldr 10 Submit Severance Agreement Against Against ShrHoldr (Change-in-Control) to Shareholder Vote 06/30/05 - A BED BATH & BEYOND INC. *BBBY* 075896100 05/05/05 3,271 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Adopt ILO-based Code of Conduct Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr 5 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 06/30/05 - S NEWS CORPORATION *NWS* 65248E203 05/23/05 10,862 1 Approve Omnibus Stock Plan For For Mgmt 06/30/05 - A NORTHWEST AIRLINES CORP. *NWAC* 667280101 05/02/05 949 1 Elect Directors For Split Mgmt 1.1 Elect Directors Roy J. Bostock --- For 1.2 Elect Directors John M. Engler --- For 1.3 Elect Directors Robert L. Friedman --- For Mgmt Rec - Company Management Recommended Vote Page 98 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 TOTAL MARKET ETF (formerly, the FORTUNE 500 INDEX FUND) - J928 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - ------------------------------------------------------------------------------------------------------------------------------ 1.4 Elect Directors Doris Kearns Goodwin --- For 1.5 Elect Directors Dennis F. Hightower --- For 1.6 Elect Directors Jeffrey G. Katz --- For 1.7 Elect Directors Frederic V. Malek --- Withhold Frederic V. Malek is an affiliated outsider on the compensation committee. 1.8 Elect Directors V.A. Ravindran --- For 1.9 Elect Directors Douglas M. Steenland --- For 1.10 Elect Directors Leo M. van Wijk --- For 1.11 Elect Directors Gary L. Wilson --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. Mgmt Rec - Company Management Recommended Vote Page 99 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 10/28/04 - S SOUTHTRUST CORP. 844730101 09/21/04 4,581 1 Approve Merger Agreement For For Mgmt 11/16/04 - A JDS UNIPHASE CORP. *JDSU* 46612J101 09/15/04 20,010 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/18/04 - A CISCO SYSTEMS, INC. *CSCO* 17275R102 09/20/04 93,942 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Pay Disparity Against Against ShrHoldr 11/18/04 - A MAXIM INTEGRATED PRODUCTS, INC. 57772K101 09/27/04 4,476 *MXIM* 1 Elect Directors For Split Mgmt 1.1 Elect Director James R. Bergman --- Withhold WITHHOLD votes from James R. Bergman for standing as an affiliated outsider on the Audit, Compensation and Nominating committees. 1.2 Elect Director John F. Gifford --- For 1.3 Elect Director B. Kipling Hagopian --- For 1.4 Elect Director M.D. Sampels --- For 1.5 Elect Director A.R. Frank Wazzan --- For 2 Amend Employee Stock Purchase Plan For For Mgmt 3 Ratify Auditors For For Mgmt 12/09/04 - A INTUIT INC. *INTU* 461202103 10/11/04 6,205 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 01/27/05 - A COSTCO WHOLESALE CORPORATION *COST* 22160K105 12/03/04 19,782 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For For Mgmt 3 Adopt Vendor Standards Against Against ShrHoldr 4 Develop Land Procurement Policy Against Against ShrHoldr 5 Ratify Auditors For For Mgmt 02/08/05 - A ANDREW CORP. *ANDW* 034425108 12/10/04 8,226 1 Elect Directors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Other Business For Against Mgmt Details of other business items not disclosed 02/09/05 - A STARBUCKS CORP. *SBUX* 855244109 12/02/04 17,042 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Ratify Auditors For For Mgmt 4 Commit to Free Trade certified Coffee Against Against ShrHoldr 02/28/05 - A SANMINA-SCI CORP. *SANM* 800907107 01/03/05 17,345 1 Elect Directors For Split Mgmt 1.1 Elect Director Neil R. Bonke --- For 1.2 Elect Director Alain Couder --- For 1.3 Elect Director Randy W. Furr --- For 1.4 Elect Director Mario M. Rosati --- Withhold WITHHOLD votes from Mario M. Rosati for standing as an affiliated outsider on the Nominating Committee. 1.5 Elect Director A. Eugene Sapp, Jr. --- For 1.6 Elect Director Wayne Shortridge --- For 1.7 Elect Director Peter J. Simone --- For 1.8 Elect Director Jure Sola --- For 1.9 Elect Director Jacquelyn M. Ward --- For 2 Ratify Auditors For For Mgmt 03/01/05 - A ADC TELECOMMUNICATIONS, INC. *ADCT* 000886101 01/12/05 25,991 1 Elect Directors For For Mgmt 2 Redeem Shareholder Rights Plan Agreement Against For ShrHoldr SSGA supports shareholder proposal that allow for shareholder rights plans to be put to a vote or repealed. 3 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 03/08/05 - A QUALCOMM INC. *QCOM* 747525103 01/07/05 53,406 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert E. Kahn --- For 1.2 Elect Director Duane A. Nelles --- Withhold WITHHOLD votes from Duane A. Nelles for standing as an affiliated outsider on the Audit and Nominating committees. 1.3 Elect Director Brent Scowcroft --- For 2 Declassify the Board of Directors and For For Mgmt Eliminate Cumulative Voting 3 Increase Authorized Common Stock For For Mgmt 4 Amend Articles For For Mgmt 5 Ratify Auditors For For Mgmt 03/10/05 - A PARAMETRIC TECHNOLOGY CORP. *PMTC* 699173100 01/17/05 8,634 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Approve Reverse Stock Split For Against Mgmt The reverse split would have the same effect as increasing the number of authorized shares by 150 percent which is above the allowable cap. 4 Ratify Auditors For For Mgmt 03/16/05 - A CIENA CORPORATION *CIEN* 171779101 01/18/05 18,267 1 Elect Directors For For Mgmt 2 Amend Employee Stock Purchase Plan For For Mgmt 3 Ratify Auditors For For Mgmt 03/22/05 - A FIFTH THIRD BANCORP *FITB* 316773100 01/31/05 24,831 1 Elect Directors For For Mgmt 2 Approve Decrease in Size of Board For For Mgmt 3 Ratify Auditors For For Mgmt 03/23/05 - A APPLIED MATERIALS, INC. *AMAT* 038222105 01/28/05 55,402 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/06/05 - A FISERV, INC. *FISV* 337738108 02/14/05 8,194 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Approve Omnibus Stock Plan For For Mgmt 04/14/05 - A NOVELL, INC. *NOVL* 670006105 02/15/05 15,931 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend By-Laws for Performance-Based Equity Against Against ShrHoldr Compensation 04/18/05 - A COMPASS BANCSHARES, INC. *CBSS* 20449H109 03/04/05 5,144 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/19/05 - A NORTHERN TRUST CORP. *NTRS* 665859104 02/28/05 9,217 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/21/05 - A APPLE COMPUTER, INC. *AAPL* 037833100 03/01/05 16,806 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 5 Ratify Auditors For For Mgmt 6 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 04/21/05 - A TELLABS, INC. *TLAB* 879664100 02/22/05 19,654 1 Elect Directors For For Mgmt 2 Approve Qualified Employee Stock Purchase For For Mgmt Plan 3 Ratify Auditors For For Mgmt 04/23/05 - A CINCINNATI FINANCIAL CORP. *CINF* 172062101 02/25/05 6,975 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Approve Stock Option Plan For For Mgmt 5 Approve Outside Director Stock For For Mgmt Awards/Options in Lieu of Cash Mgmt Rec - Company Management Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/26/05 - A PACCAR INC. *PCAR* 693718108 02/28/05 7,225 1 Elect Directors For For Mgmt 2 Declassify the Board of Directors Against Against ShrHoldr 3 Amend Bylaws to Provide for Director Against Against ShrHoldr Nominees to be Elected by Majority Vote 04/26/05 - A T. ROWE PRICE GROUP, INC. *TROW* 74144T108 02/25/05 5,377 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Other Business For Against Mgmt Details of other business items not disclosed 04/27/05 - A HUNTINGTON BANCSHARES INC. *HBAN* 446150104 02/18/05 9,732 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 04/28/05 - A ADOBE SYSTEMS INC. *ADBE* 00724F101 03/01/05 10,014 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Expense Stock Options Against Against ShrHoldr 5 Review/Limit Executive Compensation Against Against ShrHoldr 6 Ratify Auditors For For Mgmt 04/28/05 - A BROADCOM CORP. *BRCM* 111320107 03/04/05 13,807 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the total level of potential dilution under all plans is above the allowable cap of 18%, and the plan permits repricing. 3 Ratify Auditors For For Mgmt 4 Link Executive Compensation to Social and Against Against ShrHoldr Financial Issues Mgmt Rec - Company Management Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/29/05 - A NOVELLUS SYSTEMS, INC. *NVLS* 670008101 03/01/05 5,765 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Qualified Employee Stock Purchase Plan For For Mgmt 4 Ratify Auditors For For Mgmt 05/03/05 - A POWER-ONE, INC. *PWER* 739308104 03/11/05 2,303 1 Declassify the Board of Directors For For Mgmt 2 Elect Directors For For Mgmt 3 Ratify Auditors For For Mgmt 05/03/05 - A SIGMA-ALDRICH CORP. *SIAL* 826552101 03/07/05 2,866 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/04/05 - A SAFECO CORP. *SAFC* 786429100 03/07/05 5,311 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 05/05/05 - A CITRIX SYSTEMS, INC. *CTXS* 177376100 03/15/05 4,863 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Approve Qualified Employee Stock Purchase For For Mgmt Plan 4 Ratify Auditors For For Mgmt 05/06/05 - A ZIONS BANCORPORATION *ZION* 989701107 03/02/05 3,713 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the total level of potential dilution under all plans is above the allowable cap of 15%. 3 Approve Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Other Business For Against Mgmt Mgmt Rec - Company Management Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- Details of other business items not disclosed 05/10/05 - A ALTERA CORP. *ALTR* 021441100 03/14/05 10,252 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 5 Ratify Auditors For For Mgmt 6 Expense Stock Options Against Against ShrHoldr 7 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/10/05 - A GILEAD SCIENCES, INC. *GILD* 375558103 03/22/05 8,054 1 Elect Directors For Split Mgmt 1.1 Elect Director Paul Berg --- Withhold Paul Berg is an affiliated outsider on the nominating committee. 1.2 Elect Director Etienne F. Davignon --- For 1.3 Elect Director James M. Denny --- For 1.4 Elect Director John C. Martin --- For 1.5 Elect Director Gordon E. Moore --- For 1.6 Elect Director Nicholas G. Moore --- For 1.7 Elect Director George P. Shultz --- For 1.8 Elect Director Gayle E. Wilson --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Report on Impact of HIV/AIDS, TB, and Against Against ShrHoldr Malaria Pandemics 05/11/05 - A AMGEN, INC. *AMGN* 031162100 03/18/05 35,446 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Eliminate Animal Testing Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr 5 Adopt Retention Ratio for Executives Against Against ShrHoldr 05/18/05 - A INTEL CORP. *INTC* 458140100 03/21/05 176,554 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/19/05 - A MEDIMMUNE, INC. *MEDI* 584699102 03/31/05 4,823 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 05/19/05 - A MERCURY INTERACTIVE CORP. *MERQ* 589405109 03/22/05 1,582 1 Elect Directors For Split Mgmt 1.1 Elect Director Amnon Landan --- For 1.2 Elect Director Brad Boston --- Withhold Brad Boston is an affiliated outsider on the audit and compensation committees. 1.3 Elect Director Igal Kohavi --- For 1.4 Elect Director Clyde Ostler --- Withhold Clyde Ostler is an affiliated outsider on the audit and nominating committees. 1.5 Elect Director Yair Shamir --- For 1.6 Elect Director Giora Yaron --- For 1.7 Elect Director Anthony Zingale --- For 2 Ratify Auditors For For Mgmt 05/19/05 - A YAHOO!, INC. *YHOO* 984332106 03/23/05 25,007 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Ratify Auditors For For Mgmt 05/25/05 - A CHIRON CORP. *CHIR* 170040109 03/28/05 2,840 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/25/05 - A EXPRESS SCRIPTS, INC. *ESRX* 302182100 03/31/05 1,437 1 Elect Directors For Split Mgmt 1.1 Elect Director Gary G. Benanav --- For 1.2 Elect Director Frank J. Borelli --- For 1.3 Elect Director Maura C. Breen --- For 1.4 Elect Director Nicholas J. Lahawchic --- For 1.5 Elect Director Thomas P. MacMahon --- For Mgmt Rec - Company Management Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.6 Elect Director John O. Parker, Jr. --- For 1.7 Elect Director George Paz --- For 1.8 Elect Director Samuel K. Skinner --- For 1.9 Elect Director Seymour Sternberg --- Withhold Seymour Sternberg is an affiliated outsider on the nominating committee. 1.10 Elect Director Barrett A. Toan --- For 1.11 Elect Director Howard L. Waltman --- For 2 Ratify Auditors For For Mgmt 05/25/05 - A PMC-SIERRA, INC. *PMCS* 69344F106 03/31/05 3,194 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert Bailey --- For 1.2 Elect Director Richard Belluzo --- For 1.3 Elect Director James Diller, Sr --- Withhold WITHHOLD votes from James Diller, Sr. for standing as an affiliated outsider on the Compensation and Nominating committees. 1.4 Elect Director Jonathan Judge --- For 1.5 Elect Director William Kurtz --- For 1.6 Elect Director Frank Marshall --- For 1.7 Elect Director Lewis Wilks --- For 2 Ratify Auditors For For Mgmt 05/26/05 - A GENZYME CORP. *GENZ* 372917104 03/31/05 4,740 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Amend Stock Option Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. 06/01/05 - A COMCAST CORP. *CMCSA* 20030N101 03/24/05 42,478 1 Elect Directors For Split Mgmt Mgmt Rec - Company Management Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 1.1 Elect Director S. Decker Anstrom --- Withhold S. Decker Anstrom is an affiliated outsider on the compensation and nominating committees. 1.2 Elect Director Kenneth J. Bacon --- For 1.3 Elect Director Sheldon M. Bonovitz --- For 1.4 Elect Director Edward D. Breen --- For 1.5 Elect Director Julian A. Brodsky --- For 1.6 Elect Director Joseph L. Castle, II --- For 1.7 Elect Director Joseph J. Collins --- For 1.8 Elect Director J. Michael Cook --- For 1.9 Elect Director Brian L. Roberts --- For 1.10 Elect Director Ralph J. Roberts --- For 1.11 Elect Director Dr. Judith Rodin --- For 1.12 Elect Director Michael I. Sovern --- For 2 Ratify Auditors For For Mgmt 3 Amend Restricted Stock Plan For For Mgmt 4 Report on Political Contributions Against Against ShrHoldr 5 Separate Chairman and CEO Positions Against Against ShrHoldr 6 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 7 Approve Recapitalization Plan Against For ShrHoldr SSGA supports the request that the company take steps to develop a recapitalization plan whereby all of the company's outstanding stock would have one vote. 06/03/05 - A BIOGEN IDEC, INC. *BIIB* 09062X103 04/06/05 6,332 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt 4 Amend Qualified Employee Stock Purchase Plan For For Mgmt 06/08/05 - A SIEBEL SYSTEMS, INC. *SEBL* 826170102 04/18/05 9,701 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 06/09/05 - A AMERICAN POWER CONVERSION CORP. 029066107 04/13/05 3,460 *APCC* 1 Fix Number of Directors For For Mgmt 2 Elect Directors For For Mgmt 3 Ratify Auditors For For Mgmt 06/13/05 - A STAPLES, INC. *SPLS* 855030102 04/19/05 14,141 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Submit Shareholder Rights Plan (Poison Against For ShrHoldr Pill) to Shareholder Vote Because shareholder rights plans greatly alter the balance of power between shareholders and management, shareholders should be allowed to make their own evaluation of such plans. 06/16/05 - A COMVERSE TECHNOLOGY, INC. *CMVT* 205862402 04/25/05 5,603 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 06/16/05 - A MONSTER WORLDWIDE, INC. *MNST* 611742107 05/04/05 3,380 1 Elect Directors For For Mgmt 2 Amend Non-Employee Director Omnibus Stock For For Mgmt Plan 06/23/05 - A AUTODESK, INC. *ADSK* 052769106 05/02/05 6,571 1 Elect Directors For For Mgmt 2 Approve Omnibus Stock Plan For For Mgmt 3 Approve Increase in Common Stock and a For For Mgmt Stock Split 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Ratify Auditors For For Mgmt 06/23/05 - A EBAY INC. *EBAY* 278642103 04/25/05 34,560 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 5 Performance- Based/Indexed Options Against For ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 SPDR O-STRIP ETF - J907 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- SSGA supports performance-based compensation. 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 06/24/05 - S SYMANTEC CORP. *SYMC* 871503108 05/12/05 20,191 1 Approve Merger Agreement For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 06/24/05 - S VERITAS SOFTWARE CORP. 923436109 05/12/05 12,116 1 Approve Merger Agreement For For Mgmt 2 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 06/30/05 - A BED BATH & BEYOND INC. *BBBY* 075896100 05/05/05 8,634 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Adopt ILO-based Code of Conduct Against Against ShrHoldr 4 Review/Limit Executive Compensation Against Against ShrHoldr 5 Declassify the Board of Directors Against For ShrHoldr Classified boards serve to entrench management and discourage bidders by preventing replacement of the board in one year. In addition, shareholders are prevented from removing board members who are not acting in the best interest of shareholders until their term is completed. Mgmt Rec - Company Management Recommended Vote Page 12 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 07/16/04 - A DELL INC. *DELL* 24702R101 05/21/04 19,696 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Expense Stock Options Against Against ShrHoldr 07/29/04 - A ELECTRONIC ARTS INC. *ERTS* 285512109 06/08/04 14,199 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For For Mgmt 3 Amend Employee Stock Purchase Plan For For Mgmt 4 Amend Articles to Consolidate Common Stock For For Mgmt 5 Increase Authorized Common Stock For Against Mgmt The number of additional authorized common shares sought in this proposal exceeds guidelines (150%). 6 Ratify Auditors For For Mgmt 08/05/04 - A XILINX, INC. *XLNX* 983919101 06/07/04 17,387 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 08/25/04 - A COMPUTER ASSOCIATES INTERNATIONAL, 204912109 06/30/04 26,119 INC. *CA* 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Review Executive Compensation Against Against ShrHoldr 08/25/04 - A VERITAS SOFTWARE CORP. 923436109 06/28/04 18,034 1 Elect Directors For For Mgmt 2 Amend Stock Option Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Ratify Auditors For For Mgmt 09/23/04 - A FLEXTRONICS INTERNATIONAL LTD. *FLEX* Y2573F102 08/05/04 43,908 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 2 RE-APPOINTMENT OF PATRICK FOLEY AS A For For Mgmt DIRECTOR OF THE COMPANY. 3 Ratify Auditors For For Mgmt 4 TO APPROVE AN AMENDMENT TO THE COMPANYS For For Mgmt 1997 EMPLOYEE SHARE PURCHASE PLAN. Mgmt Rec - Company Management Recommended Vote Page 1 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 5 TO APPROVE AMENDMENTS TO THE COMPANYS 2001 For For Mgmt EQUITY INCENTIVE PLAN. 6 TO APPROVE AN AMENDMENT TO THE COMPANYS For For Mgmt 2001 EQUITY INCENTIVE PLAN TO ALLOW FOR ISSUANCES OF STOCK BONUSES. 7 TO APPROVE THE CONSOLIDATION OF ORDINARY For For Mgmt SHARES AVAILABLE UNDER OUR ASSUMED PLANS INTO OUR 2001 EQUITY INCENTIVE PLAN. 8 TO APPROVE THE AUTHORIZATION FOR THE For For Mgmt DIRECTORS OF THE COMPANY TO ALLOT AND ISSUE ORDINARY SHARES. 9 TO APPROVE THE AUTHORIZATION FOR THE For For Mgmt COMPANY TO PROVIDE $37,200 OF ANNUAL CASH COMPENSATION TO EACH OF ITS NON-EMPLOYEE DIRECTORS. 10 TO APPROVE THE AUTHORIZATION FOR THE For For Mgmt COMPANY TO PROVIDE AN ADDITIONAL $10,000 OF ANNUAL CASH COMPENSATION FOR EACH OF ITS NON-EMPLOYEE DIRECTORS FOR COMMITTEE PARTICIPATION. 11 TO APPROVE THE AUTHORIZATION OF THE For For Mgmt PROPOSED RENEWAL OF THE SHARE REPURCHASE MANDATE RELATING TO ACQUISITIONS BY THE COMPANY OF ITS OWN ISSUED ORDINARY SHARES. 12 TO APPROVE THE AUTHORIZATION OF THE For For Mgmt PROPOSAL APPROVAL OF A BONUS ISSUE. 10/28/04 - A SEAGATE TECHNOLOGY *STX* G7945J104 09/03/04 37,083 MEETING FOR HOLDERS OF ADRS 1 Elect Directors For For Mgmt 2 PROPOSAL TO APPROVE THE SEAGATE TECHNOLOGY For Against Mgmt 2004 STOCK COMPENSATION PLAN. Excessive potential dilution of 19.8 percent. 3 Ratify Auditors For For Mgmt 4 PROPOSAL TO ADOPT SEAGATE TECHNOLOGYS For For Mgmt THIRD AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION, Mgmt Rec - Company Management Recommended Vote Page 2 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- WHICH IS BEING PROPOSED AS A SPECIAL RESOLUTION. 10/29/04 - A ORACLE CORP. *ORCL* 68389X105 09/02/04 49,900 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Amend Omnibus Stock Plan For For Mgmt 5 Implement China Principles Against Against ShrHoldr 11/09/04 - A AUTOMATIC DATA PROCESSING, INC. *ADP* 053015103 09/10/04 17,084 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 11/09/04 - A MICROSOFT CORP. *MSFT* 594918104 09/10/04 23,883 1 Elect Directors For For Mgmt 2 Amend Bundled Compensation Plans For For Mgmt 3 Amend Bundled Compensation Plans For For Mgmt 4 Amend Stock Option Plan For For Mgmt 5 Ratify Auditors For For Mgmt 11/18/04 - A CISCO SYSTEMS, INC. *CSCO* 17275R102 09/20/04 27,477 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Report on Pay Disparity Against Against ShrHoldr 11/18/04 - A MICRON TECHNOLOGY, INC. *MU* 595112103 09/20/04 53,090 1 Elect Directors For For Mgmt 2 Amend Employee Stock Purchase Plan For For Mgmt 3 Approve Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 4 Approve Executive Incentive Bonus Plan For For Mgmt 5 Ratify Auditors For For Mgmt 12/09/04 - A INTUIT INC. *INTU* 461202103 10/11/04 14,089 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Omnibus Stock Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 3 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 02/02/05 - A ACCENTURE LTD BERMUDA *ACN* G1150G111 12/06/04 30,633 1 Elect Directors For For Mgmt 2 APPROVAL OF BYE-LAW AMENDMENTS TO RELOCATE For For Mgmt INTO THE BYE-LAWS EXISTING CONTRACTUAL RESTRICTIONS APPLICABLE TO CLASS A COMMON SHARES OF PARTNERS AND FORMER PARTNERS BENEFICIALLY OWNED BY THEM PRIOR TO ACCENTURES INITIAL PUBLIC OFFERING. 3 Ratify Auditors For For Mgmt 03/01/05 - A AGILENT TECHNOLOGIES INC. *A* 00846U101 01/03/05 35,534 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 03/08/05 - A QUALCOMM INC. *QCOM* 747525103 01/07/05 19,701 1 Elect Directors For Split Mgmt 1.1 Elect Director Robert E. Kahn --- For 1.2 Elect Director Duane A. Nelles --- Withhold WITHHOLD votes from Duane A. Nelles for standing as an affiliated outsider on the Audit and Nominating committees. 1.3 Elect Director Brent Scowcroft --- For 2 Declassify the Board of Directors and For For Mgmt Eliminate Cumulative Voting 3 Increase Authorized Common Stock For For Mgmt 4 Amend Articles For For Mgmt 5 Ratify Auditors For For Mgmt 03/16/05 - A HEWLETT-PACKARD CO. *HPQ* 428236103 01/18/05 40,297 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Employee Stock Purchase Plan For For Mgmt 03/18/05 - A STMICROELECTRONICS N.V. 861012102 02/22/05 58,912 MEETING FOR THE HOLDERS OF ADR'S 1 Approve Financial Statements and Statutory For For Mgmt Reports Mgmt Rec - Company Management Recommended Vote Page 4 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 2 INFORMATION ON RETAINED EARNINGS AND None For Mgmt DIVIDEND POLICY AND ADOPTION OF A DIVIDEND OF $0.12 PER COMMON SHARE. 3 DISCHARGE OF THE SOLE MEMBER OF THE None For Mgmt MANAGING BOARD. 4 DISCHARGE OF THE MEMBERS OF THE SUPERVISORY None For Mgmt BOARD. 5 APPOINTMENT OF THE NEW SOLE MEMBER OF THE None For Mgmt MANAGING BOARD. 6 Elect Supervisory Board Member For For Mgmt 7 Ratify Auditors None For Mgmt 8 PPROVAL OF THE COMPENSATION POLICY FOR THE For For Mgmt MANAGING BOARD. 9 APPROVAL OF THE COMPENSATION OF THE MEMBERS None For Mgmt OF THE SUPERVISORY BOARD. 10 APPROVAL OF THE AMENDMENT TO THE COMPANY S None For Mgmt EXISTING 2001 EMPLOYEE STOCK OPTION PLAN. The initiative can be supported due to the size of the requested authorization, the resulting level of potential dilution under all plans and other favorable terms of the plan. A vote in favor of this proposal is recommended. 11 APPROVAL OF THE NEW THREE-YEAR STOCK-BASED None For Mgmt COMPENSATION PLAN FOR MEMBERS AND PROFESSIONALS OF THE SUPERVISORY BOARD. The initiative can be supported due to the size of the requested authorization, the resulting level of potential dilution under all plans and other favorable terms of the plan. A vote in favor of this proposal is recommended. 12 AMENDMENT TO THE ARTICLES OF ASSOCIATION None For Mgmt REQUIRED BY CHANGES IN DUTCH LAW AND CORPORATE GOVERNANCE STANDARDS. These are non contentious amendments that warrant shareholder support. 03/23/05 - A APPLIED MATERIALS, INC. *AMAT* 038222105 01/28/05 50,230 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 5 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/07/05 - A NOKIA CORP. 654902204 02/02/05 55,789 MEETING FOR HOLDERS OF ADRS 2 APPROVAL OF THE INCOME STATEMENTS AND THE For For Mgmt BALANCE SHEET. 3 APPROVAL OF A PROPOSAL TO THE ANNUAL For For Mgmt GENERAL MEETING OF A DIVIDEND OF EUR 0.33 PER SHARE. 4 DISCHARGE OF THE CHAIRMAN, THE MEMBERS OF For For Mgmt THE BOARD OF DIRECTORS, AND THE PRESIDENT, FROM LIABILITY. 6 PROPOSAL ON THE COMPOSITION OF THE BOARD AS For For Mgmt PROPOSED BY THE CORPORATE GOVERNANCE AND NOMINATION COMMITTEE. 7 Elect Directors For For Mgmt 8 APPROVAL OF THE REMUNERATION TO BE PAID TO For For Mgmt THE AUDITOR. 9 APPROVAL OF THE RE-ELECTION OF For For Mgmt PRICEWATERHOUSECOOPERS OY AS THE AUDITORS FOR FISCAL YEAR 2005. 10 APPROVAL OF THE PROPOSAL TO GRANT STOCK For For Mgmt OPTIONS TO SELECTED PERSONNEL OF THE COMPANY. 11 APPROVAL OF THE PROPOSAL OF THE BOARD TO For For Mgmt REDUCE THE SHARE CAPITAL THROUGH CANCELLATION OF NOKIA SHARES HELD BY COMPANY. 12 AUTHORIZATION TO THE BOARD TO INCREASE THE For For Mgmt SHARE CAPITAL OF THE COMPANY. 13 AUTHORIZATION TO THE BOARD TO REPURCHASE For For Mgmt NOKIA SHARES. 14 AUTHORIZATION TO THE BOARD TO DISPOSE NOKIA For For Mgmt SHARES HELD BY THE COMPANY. 15 MARK THE FOR BOX IF YOU WISH TO INSTRUCT For Against Mgmt NOKIA S LEGAL COUNSELS TO VOTE IN THEIR DISCRETION ON YOUR BEHALF ONLY UPON ITEM 15. Details of other business items not disclosed. Mgmt Rec - Company Management Recommended Vote Page 6 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 04/21/05 - A TEXAS INSTRUMENTS INC. *TXN* 882508104 02/22/05 48,049 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Approve Qualified Employee Stock Purchase For For Mgmt Plan 4 Amend Stock Option Plan For For Mgmt 04/22/05 - A ELECTRONIC DATA SYSTEMS CORP. *EDS* 285661104 03/01/05 38,359 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Declassify the Board of Directors For For Mgmt 4 Eliminate Supermajority Vote Requirement For For Mgmt 04/26/05 - A INTERNATIONAL BUSINESS MACHINES CORP. 459200101 02/25/05 11,758 *IBM* 1 Elect Directors For Split Mgmt 1.1 Elect Director Cathleen Black --- For 1.2 Elect Director Kenneth I. Chenault --- For 1.3 Elect Director Juergen Dormann --- For 1.4 Elect Director Michael L. Eskew --- Withhold WITHHOLD votes for standing as an affiliated outsider on the Audit Committee. 1.5 Elect Director Carlos Ghosn --- For 1.6 Elect Director Charles F. Knight --- For 1.7 Elect Director Minoru Makihara --- For 1.8 Elect Director Lucio A. Noto --- For 1.9 Elect Director Samuel J. Palmisano --- For 1.10 Elect Director Joan E. Spero --- For 1.11 Elect Director Sidney Taurel --- For 1.12 Elect Director Charles M. Vest --- For 1.13 Elect Director Lorenzo H. Zambrano --- For 2 Ratify Auditors For For Mgmt 3 Restore or Provide for Cumulative Voting Against Against ShrHoldr 4 Eliminate Age Discrimination in Retirement Against Against ShrHoldr Benefits 5 Calculate Executive Salary Without Regard Against Against ShrHoldr to Pension Income 6 Expense Stock Options Against Against ShrHoldr 7 Report on Executive Compensation Against Against ShrHoldr Mgmt Rec - Company Management Recommended Vote Page 7 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 8 Report on Outsourcing Against Against ShrHoldr 04/28/05 - A BROADCOM CORP. *BRCM* 111320107 03/04/05 27,127 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported due to the trend of recent option grants, the total level of potential dilution under all plans is above the allowable cap of 18%, and the plan permits repricing. 3 Ratify Auditors For For Mgmt 4 Link Executive Compensation to Social and Against Against ShrHoldr Financial Issues 05/02/05 - A MOTOROLA, INC. *MOT* 620076109 03/04/05 49,770 1 Elect Directors For For Mgmt 2 Limit Executive Compensation Against Against ShrHoldr 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/05/05 - A EMC CORP. *EMC* 268648102 03/07/05 59,495 1 Elect Directors For Split Mgmt 1.1 Elect Director Michael J. Cronin --- For 1.2 Elect Director W. Paul Fitzgerald --- Withhold WITHHOLD votes from W. Paul Fitzgerald for standing as an affiliated outsider on the audit committee and nominating committee. 1.3 Elect Director Joseph M. Tucci --- For 2 Approve Omnibus Stock Plan For For Mgmt 3 Ratify Auditors For For Mgmt 4 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 5 Creation of an Independent Audit Committee Against Against ShrHoldr 05/11/05 - A FIRST DATA CORP. *FDC* 319963104 03/14/05 20,240 1 Elect Directors For For Mgmt 2 Amend Qualified Employee Stock Purchase Plan For For Mgmt 3 Amend Executive Incentive Bonus Plan For For Mgmt 4 Ratify Auditors For For Mgmt 5 Report on Outsourcing Against Against ShrHoldr 6 Amend Director/Officer Against Against ShrHoldr Liability/Indemnifications Provisions Mgmt Rec - Company Management Recommended Vote Page 8 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/12/05 - A GOOGLE INC *GOOG* 38259P508 03/28/05 4,300 1 Elect Directors For Split Mgmt 1.1 Elect Director Eric Schmidt --- For 1.2 Elect Director Larry Page --- For 1.3 Elect Director Sergey Brin --- For 1.4 Elect Director L. John Doerr --- Withhold WITHHOLD votes from L. John Doerr for sitting on more than six boards. 1.5 Elect Director John L. Hennessy --- For 1.6 Elect Director Arthur D. Levinson --- For 1.7 Elect Director Michael Moritz --- For 1.8 Elect Director Paul S. Otellini --- For 1.9 Elect Director K. Ram Shriram --- For 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For Against Mgmt The plan permits the administrator at any time to offer to buy out for a payment in cash or shares an option previously granted based on terms and conditions as the administrator shall establish and communicate to the participant at the time that such offer is made. The buy out of awards and issuance of cash in substitution is considered to be repricing. 05/12/05 - A SAP AG 803054204 04/01/05 17,874 MEETING FOR HOLDERS OF ADR'S 1 RESOLUTION ON THE APPROPRIATION OF THE For For Mgmt RETAINED EARNINGS OF THE FISCAL YEAR 2004 2 RESOLUTION ON THE FORMAL APPROVAL OF THE For For Mgmt ACTS OF THE EXECUTIVE BOARD IN THE FISCAL YEAR 2004 3 RESOLUTION ON THE FORMAL APPROVAL OF THE For For Mgmt ACTS OF THE SUPERVISORY BOARD IN THE FISCAL YEAR 2004 4 Ratify Auditors For For Mgmt 5 ELECTION OF MEMBERS OF THE SUPERVISORY BOARD For For Mgmt 6 RESOLUTION ON THE ADJUSTMENT OF THE AMOUNTS For For Mgmt AND FIGURES STATED IN SECTION 4 (1) OF THE ARTICLES OF ASSOCIATION (CAPITAL STOCK) 7 RESOLUTION ON THE For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 9 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- CANCELLATION OF CONTINGENT CAPITAL IIA AND ON THE DELETION OF SECTION 4 (5) OF THE ARTICLES OF ASSOCIATION 8 REDUCTION OF CONTINGENT CAPITAL IIIA AND For For Mgmt ADJUSTMENT OF THE AMOUNTS AND FIGURES STATED IN SECTION 4 (7) OF THE ARTICLES 9 RESOLUTION ON THE AMENDMENT OF SECTION 1 For For Mgmt (1) OF THE ARTICLES OF ASSOCIATION (CORPORATE NAME) 10 RESOLUTION ON THE ADJUSTMENT OF THE For For Mgmt ARTICLES OF ASSOCIATION TO REFLECT THE PROVISIONS OF THE GERMAN ACT 11 CANCELLATION OF AUTHORIZED CAPITAL I AND For For Mgmt CREATION OF A NEW AUTHORIZED CAPITAL I 12 CANCELLATION OF AUTHORIZED CAPITAL II AND For For Mgmt CREATION OF A NEW AUTHORIZED CAPITAL II 13 RESOLUTION ON THE AUTHORIZATION TO ACQUIRE For For Mgmt AND USE TREASURY SHARES PURSUANT TO THE GERMAN STOCK CORPORATION ACT 14 RESOLUTION ON THE AUTHORIZATION TO USE For For Mgmt EQUITY DERIVATIVES IN CONNECTION WITH THE ACQUISITION OF TREASURY SHARES 05/17/05 - A AMAZON.COM, INC. *AMZN* 023135106 04/01/05 19,201 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 05/18/05 - A INTEL CORP. *INTC* 458140100 03/21/05 37,528 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 3 Amend Omnibus Stock Plan For For Mgmt 4 Amend Executive Incentive Bonus Plan For For Mgmt Mgmt Rec - Company Management Recommended Vote Page 10 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- 05/18/05 - A JUNIPER NETWORKS, INC. *JNPR* 48203R104 03/21/05 31,809 1 Elect Directors For For Mgmt 2 Ratify Auditors For For Mgmt 05/19/05 - A YAHOO!, INC. *YHOO* 984332106 03/23/05 25,293 1 Elect Directors For For Mgmt 2 Amend Omnibus Stock Plan For Against Mgmt The initiative cannot be supported as the total level of potential dilution under all plans is above the allowable cap of 18%. 3 Amend Non-Employee Director Stock Option For For Mgmt Plan 4 Ratify Auditors For For Mgmt 06/23/05 - A EBAY INC. *EBAY* 278642103 04/25/05 13,457 1 Elect Directors For For Mgmt 2 Approve Executive Incentive Bonus Plan For For Mgmt 3 Increase Authorized Common Stock For For Mgmt 4 Ratify Auditors For For Mgmt 5 Performance- Based/Indexed Options Against For ShrHoldr SSGA supports performance-based compensation. 6 Require a Majority Vote for the Election of Against Against ShrHoldr Directors 06/24/05 - S SYMANTEC CORP. *SYMC* 871503108 05/12/05 31,344 1 Approve Merger Agreement For For Mgmt 2 Increase Authorized Common Stock For For Mgmt 3 Adjourn Meeting For Against Mgmt In this case, shareholders already have enough information to make their vote decisions. Once their votes have been cast, there is no justification for spending more money to continue pressing shareholders for more votes. 06/29/05 - A NORTEL NETWORKS CORP. *NT.* 656568102 05/02/05 241,334 MANAGEMENT PROPOSALS 1 Elect Directors For For Mgmt 2 Ratify Deloitte & Touche LLP as Auditors For For Mgmt 3 Approve Adoption of the Nortel U.S. Stock For For Mgmt Purchase Plan, the Nortel Global Stock Purchase Plan, and the Nortel Stock Purchase Plan for Members of Mgmt Rec - Company Management Recommended Vote Page 11 VOTE SUMMARY REPORT Jul 01, 2004 - Jun 30, 2005 MORGAN STANLEY HIGH TECH 35 INDEX FUND - J920 Mtg Company/ Mgmt Vote Record Shares Date/Type Ballot Issues Security Rec Cast Date Prpnent Voted - --------------------------------------------------------------------------------------------------------------------------------- the Nortel Savings and Retirement Program 4 Approve Adoption of Nortel 2005 Stock For For Mgmt Incentive Plan SHAREHOLDER PROPOSALS 5 Require Shareholder Approval of the Against Against ShrHoldr Compensation of the Ten Highest Paid Executives 6 Exclude Senior Executive's Bonuses From Against Against ShrHoldr Calculation of Pensions 7 Require List of Nominees for Board of Against Against ShrHoldr Directors To Have a Minimum of 25% More Candidates Than There Are Spaces to Fill 8 Roll Back the Salary Level of All Senior Against Against ShrHoldr Executives to Their Salary Level on Jan. 1, 1998 9 Take Legal or other Appropriate Action to Against Against ShrHoldr Get Back Bonus and Salary Increases Given to Senior Executives (Past and Present) From 1998 through 2004 10 Take Legal or other Appropriate Action to Against Against ShrHoldr Exclude Executives (Past and Present)Bonuses and Salary Increases from 1998 through 2004 from Their Pensions Calculation 11 Take Legal or other Appropriate Action to Against Against ShrHoldr Get Back Compensation and Perks Paid to Board of Directors (former and present) From 1998 through 2004 12 Require Economy Class for All Business Against Against ShrHoldr Travel of All Senior Executives, Company Employees, and Board of Directors 13 Allow Shareholders in Attendance at AGM to Against Against ShrHoldr Elect Two Additional Directors to the Board in Addition to the Slate of Candidates Proposed by the Existing Board of Director's Nominating Committee at the AGM 14 Take Legal or other Appropriate Actions to Against Against ShrHoldr Get Back Fees Paid to External Auditors From 1998 through 2004; Require Future Auditor's Fees To Be Approved by Shareholders at AGM 15 Require Nortel To Provide Letter to Against Against ShrHoldr Regulatory Agencies With Information The Agencies Should Have Been Looking For to Protect Shareholders of Publicly Traded Companies Mgmt Rec - Company Management Recommended Vote Page 12 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. streetTRACKS(R) Series Trust (Registrant) By: /s/James Ross James Ross President Date: August 30, 2005