UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-21629
SPECIAL VALUE EXPANSION FUND, LLC
(Exact Name of Registrant as Specified in Charter)
2951 28TH STREET, SUITE 1000
SANTA MONICA, CALIFORNIA 90405
(Address of Principal Executive Offices) (Zip Code)
DAVID A. HOLLANDER, SECRETARY
SPECIAL VALUE EXPANSION FUND, LLC
2951 28TH STREET, SUITE 1000
SANTA MONICA, CALIFORNIA 90405
(Name and Address of Agent for Service)
Registrant's telephone number, including area code: (310) 566-1000
Copies to:
RICHARD T. PRINS, ESQ.
SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
FOUR TIMES SQUARE
NEW YORK, NEW YORK 10036
Date of fiscal year end: SEPTEMBER 30
Date of reporting period: JULY 1, 2004 - JUNE 30, 2005
ITEM 1. PROXY VOTING RECORD.
- ---------------------------------------------------------------------------------------------------------------------------
Issuer Name: Intentia International AB
Ticker: INTA SS
CUSIP:
Meeting Date: Oct 19, 2004 Meeting Type: Extraordinary
Mgmt Vote
Proposal Proposed By Rec Cast
1 Elect Svante Johansson as Chairman of the meeting Shareholder N/A (1) Abstain
2 Approve the voting list Issuer N/A (1) Abstain
3 Approve the agenda Issuer N/A (1) Abstain
4 Elect 3 persons to certify the minutes Shareholder N/A (1) Abstain
5 Establish whether the meeting was duly convened Issuer N/A (1) Abstain
6 Approve adoption of employee stock plan Issuer N/A (1) N/A (2)
7 Authorize debenture issuance Issuer N/A (1) N/A (2)
8 Set number of Board members at 9, with no deputy members Shareholder N/A (1) For
9 Set total Board remuneration at SEK 1,100,000 Shareholder N/A (1) For
10 Elect Paul Wahl as Director Shareholder N/A (1) For
- ---------------------------------------------------------------------------------------------------------------------------
Issuer Name: Intentia International AB
Ticker: INTB SS
CUSIP:
Meeting Date: Oct 19, 2004 Meeting Type: Extraordinary
Mgmt Vote
Proposal Proposed By Rec Cast
1 Elect Svante Johansson as Chairman of the meeting Shareholder N/A (1) Abstain
2 Approve the voting list Issuer N/A (1) Abstain
3 Approve the agenda Issuer N/A (1) Abstain
4 Elect 3 persons to certify the minutes Shareholder N/A (1) Abstain
5 Establish whether the meeting was duly convened Issuer N/A (1) Abstain
6 Approve adoption of employee stock plan Issuer N/A (1) N/A (2)
7 Authorize debenture issuance Issuer N/A (1) N/A (2)
8 Set number of Board members at 9, with no deputy members Shareholder N/A (1) For
9 Set total Board remuneration at SEK 1,100,000 Shareholder N/A (1) For
10 Elect Paul Wahl as Director Shareholder N/A (1) For
- ---------------------------------------------------------------------------------------------------------------------------
Issuer Name: Intentia International AB
Ticker: INTA SS
CUSIP:
Meeting Date: May 12, 2005 Meeting Type: Annual
Mgmt Vote
Proposal Proposed By Rec Cast
1 Elect Svante Johansson as Chairman of the meeting Shareholder N/A (1) For
2 Approve the voting list Issuer N/A (1) For
3 Approve the agenda Issuer N/A (1) For
4 Elect 2 persons to certify the minutes Shareholder N/A (1) For
5 Establish whether the meeting was duly convened Issuer N/A (1) For
6 Presentation of annual reports, auditor's reports, & CEO
comments Issuer N/A (1) For
7 Ratify income statements and balance sheets Issuer N/A (1) For
8 Carry forward accumulated deficit to 2005 Issuer N/A (1) For
9 Exempt Directors & CEO from financial responsibility Issuer N/A (1) For
10 Set number of Board members at 8, with no deputy members Shareholder N/A (1) For
11 Set total Board remuneration at SEK 900,000 Shareholder N/A (1) For
12.1 Re-elect Romesh Wadhwani as Chairman of the Board Shareholder N/A (1) For
12.2 Re-elect Jan Carlzon as Director Shareholder N/A (1) For
12.3 Re-elect Steven Chang as Director Shareholder N/A (1) For
12.4 Re-elect William Chisholm as Director Shareholder N/A (1) For
12.5 Re-elect Tommy H. Karlsson as Director Shareholder N/A (1) For
12.6 Re-elect Paul Wahl as Director Shareholder N/A (1) For
12.7 Re-elect Bertrand Sciard as Director Shareholder N/A (1) For
12.8 Elect Scott Klein as Director Shareholder N/A (1) For
13 Establish a nominating committee Shareholder N/A (1) For
- ---------------------------------------------------------------------------------------------------------------------------
Issuer Name: Intentia International AB
Ticker: INTB SS
CUSIP:
Meeting Date: May 12, 2005 Meeting Type: Annual
Mgmt Vote
Proposal Proposed By Rec Cast
1 Elect Svante Johansson as Chairman of the meeting Shareholder N/A (1) For
2 Approve the voting list Issuer N/A (1) For
3 Approve the agenda Issuer N/A (1) For
4 Elect 2 persons to certify the minutes Shareholder N/A (1) For
5 Establish whether the meeting was duly convened Issuer N/A (1) For
6 Presentation of annual reports, auditor's reports, & CEO
comments Issuer N/A (1) For
7 Ratify income statements and balance sheets Issuer N/A (1) For
8 Carry forward accumulated deficit to 2005 Issuer N/A (1) For
9 Exempt Directors & CEO from financial responsibility Issuer N/A (1) For
10 Set number of Board members at 8, with no deputy members Shareholder N/A (1) For
11 Set total Board remuneration at SEK 900,000 Shareholder N/A (1) For
12.1 Re-elect Romesh Wadhwani as Chairman of the Board Shareholder N/A (1) For
12.2 Re-elect Jan Carlzon as Director Shareholder N/A (1) For
12.3 Re-elect Steven Chang as Director Shareholder N/A (1) For
12.4 Re-elect William Chisholm as Director Shareholder N/A (1) For
12.5 Re-elect Tommy H. Karlsson as Director Shareholder N/A (1) For
12.6 Re-elect Paul Wahl as Director Shareholder N/A (1) For
12.7 Re-elect Bertrand Sciard as Director Shareholder N/A (1) For
12.8 Elect Scott Klein as Director Shareholder N/A (1) For
13 Establish a nominating committee Shareholder N/A (1) For
- ---------------------------------------------------------------------------------------------------------------------------
Notes:
(1) Management did not make a recommendation regarding whether to vote for or
against the proposal.
(2) No vote was taken on this proposal since it was determined prior to the
meeting that there would not be a sufficient number of "for" votes to pass
the measure.
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.
Special Value Expansion Fund, LLC
By: /s/ Hugh Steven Wilson
----------------------------------
Name: Hugh Steven Wilson
Title: Chief Executive Officer
Date: August 31, 2005