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: 811-22049 NAME OF REGISTRANT: International Income Portfolio ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 255 State Street Boston, MA 02109 NAME AND ADDRESS OF AGENT FOR SERVICE: Alan R. Dynner, Esq. 255 State Street Boston, MA 02109 REGISTRANT'S TELEPHONE NUMBER: 617-482-8260 DATE OF FISCAL YEAR END: 10/31 DATE OF REPORTING PERIOD: 07/01/2006 - 06/30/2007 International Income Portfolio - -------------------------------------------------------------------------------------------------------------------------- FORTUM CORPORATION, ESPOO Agenda Number: 701148024 - -------------------------------------------------------------------------------------------------------------------------- Security: X2978Z118 Meeting Type: AGM Meeting Date: 28-Mar-2007 Ticker: ISIN: FI0009007132 - -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL Non-Voting Non-Votable OWNER SIGNED POWER OF ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED. SHOULD YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE AT ADP. THANK YOU. MARKET RULES REQUIRE ADP TO DISCLOSE BENEFICIAL Non-Voting Non-Votable OWNER INFORMATION FOR ALL VOTED ACCOUNTS. IF AN ACCOUNT HAS MULTIPLE BENEFICIAL OWNERS, YOU WILL NEED TO PROVIDE THE BREAKDOWN OF EACH BENEFICIAL OWNER NAME, ADDRESS AND SHARE POSITION TO YOUR ADP CLIENT SERVICE REPRESENTATIVE. THIS INFORMATION IS REQUIRED IN ORDER FOR ADP TO LODGE YOUR VOTE. 1.1 Approve to adopt the accounts Mgmt For For 1.2 Approve the actions on profit or loss to pay Mgmt For For a dividend of EUR 1.26 per share 1.3 Grant discharge from liability Mgmt For For 1.4 Approve the remuneration of the Board Members Mgmt For For 1.5 Approve the remuneration of the Auditors Mgmt Against Against 1.6 Approve the number of the Board Members Mgmt For For 1.7 Elect the Board Mgmt For For 1.8 Elect the Auditors Mgmt For For 1.9 Approve the remuneration of Supervisory Board Mgmt For For 1.10 Approve the number of Supervisory Board Members Mgmt For For 1.11 Elect the Supervisory Board Mgmt For For 2. Amend or delete Paragraphs 3, 4, 9, 11, 18 and Mgmt For For 19-32 of Articles of Association 3. Authorize the Board to decide to repurchase Mgmt For For Company s own shares 4. Approve the proposal by the state of Finland Mgmt Against Against to appoint a Nomination Committee 5. PLEASE NOTE THAT THIS IS A SHAREHOLDERS PROPOSAL: Shr Against For Approve to abolish Supervisory Board * Management position unknown 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. (Registrant) International Income Portfolio By (Signature) /s/ Mark S. Venezia Name Mark S. Venezia Title President Date 08/28/2007