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: 811-02679___

		 DAVIS SERIES, INC.
__________________________________________________________
     (Exact name of registrant as specified in charter)


DAVIS SERIES, INC.
2949 East Elvira Road, Suite 101
Tucson, Arizona 85706
__________________________________________________________
(Address of principal executive offices)	(Zip code)

Registrant's telephone number, including area code:

(520) 806-7600

Date of fiscal year end: 12/31

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

			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.

Davis Series, Inc.
___________________________________________________________
                       (Registrant)


Person signing this Report on Behalf of reporting Registrant:

Name:  Kenneth C Eich
Title:    Principal Executive Officer
Phone:    (520) 806-7600
Signature, Place, and Date of Signing:
Kenneth C Eich, Arizona  August 30, 2006


******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-02679
Reporting Period: 07/01/2005 - 06/30/2006
Davis Series, Inc.


======================= DAVIS APPRECIATION & INCOME FUND =======================

AMERICAN INTERNATIONAL GROUP, INC.

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

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


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AUTOZONE, INC.

Ticker:       AZO            Security ID:  053332102
Meeting Date: DEC 14, 2005   Meeting Type: A
Record Date:  OCT 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Elect Charles M. Elson                    For       For        Management
1.02  Elect Sue E. Gove                         For       For        Management
1.03  Elect Earl G. Graves Jr.                  For       For        Management
1.04  Elect N. Gerry House                      For       For        Management
1.05  Elect J.R. Hyde III                       For       For        Management
1.06  Elect Edward S. Lampert                   For       For        Management
1.07  Elect W. Andrew McKenna                   For       For        Management
1.08  Elect William C. Rhodes                   For       For        Management
2     Ratify selection of auditors              For       For        Management


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

AVON PRODUCTS, INC.

Ticker:       AVP            Security ID:  054303102
Meeting Date: MAY 4, 2006    Meeting Type: Annual
Record Date:  MAR 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director W. Don Cornwell            For       For        Management
1.2   Elect Director Edward T. Fogarty          For       For        Management
1.3   Elect Director Stanley C. Gault           For       For        Management
1.4   Elect Director Fred Hassan                For       For        Management
1.5   Elect Director Andrea Jung                For       For        Management
1.6   Elect Director Maria Elena Lagomasino     For       For        Management
1.7   Elect Director Ann S. Moore               For       For        Management
1.8   Elect Director Paul S. Pressler           For       For        Management
1.9   Elect Director Paula Stern, Ph.D.         For       For        Management
1.10  Elect Director Lawrence A. Weinbach       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
4     Report on Charitable Contributions        Against   Against    Shareholder
5     Performance-Based Equity Awards           Against   Against    Shareholder
6     Report on Toxic Chemicals                 Against   Against    Shareholder


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

CITIGROUP INC.

Ticker:       C              Security ID:  172967101
Meeting Date: APR 18, 2006   Meeting Type: Annual
Record Date:  FEB 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director C. Michael Armstrong       For       For        Management
1.2   Elect Director Alain J.P. Belda           For       For        Management
1.3   Elect Director George David               For       For        Management
1.4   Elect Director Kenneth T. Derr            For       For        Management
1.5   Elect Director John M. Deutch             For       For        Management
1.6   Elect Director Roberto Hernandez Ramirez  For       For        Management
1.7   Elect Director Ann Dibble Jordan          For       For        Management
1.8   Elect Director Klaus Kleinfeld            For       For        Management
1.9   Elect Director Andrew N. Liveris          For       For        Management
1.10  Elect Director Dudley C. Mecum            For       For        Management
1.11  Elect Director Anne M. Mulcahy            For       For        Management
1.12  Elect Director Richard D. Parsons         For       For        Management
1.13  Elect Director Charles Prince             For       For        Management
1.14  Elect Director Dr. Judith Rodin           For       For        Management
1.15  Elect Director Robert E. Rubin            For       For        Management
1.16  Elect Director Franklin A. Thomas         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Reduce Supermajority Vote Requirement     For       For        Management
4     Reduce Supermajority Vote Requirement     For       For        Management
5     Reduce Supermajority Vote Requirement     For       For        Management
6     End Issuance of Options and Prohibit      Against   Against    Shareholder
      Repricing
7     Report on Political Contributions         Against   Against    Shareholder
8     Report on Charitable Contributions        Against   Against    Shareholder
9     Performance-Based Equity Awards           Against   For        Shareholder
10    Reimbursement of Expenses Incurred by     Against   Against    Shareholder
      Shareholder(s)
11    Separate Chairman and CEO Positions       Against   Against    Shareholder
12    Clawback of Payments Under Restatement    Against   Against    Shareholder


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

COSTCO WHOLESALE CORPORATION

Ticker:       COST           Security ID:  22160K105
Meeting Date: JAN 25, 2006   Meeting Type: Annual
Record Date:  DEC 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James D. Sinegal           For       For        Management
1.2   Elect Director Jeffrey H. Brotman         For       For        Management
1.3   Elect Director Richard A. Galanti         For       For        Management
1.4   Elect Director Daniel J. Evans            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder
4     Adopt Vendor Standards                    Against   Against    Shareholder
5     Ratify Auditors                           For       For        Management


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

GENERAL GROWTH PROPERTIES, INC.

Ticker:       GGP            Security ID:  370021107
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:  APR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Adam Metz                  For       For        Management
1.2   Elect Director Robert Michaels            For       For        Management
1.3   Elect Director Thomas Nolan               For       For        Management
1.4   Elect Director John Riordan               For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

HSBC HOLDINGS PLC

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

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


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

J. C. PENNEY CO., INC (HLDG CO)

Ticker:       JCP            Security ID:  708160106
Meeting Date: MAY 19, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Vernon E. Jordan, Jr.      For       For        Management
1.2   Elect Director Burl Osborne               For       For        Management
1.3   Elect Director Mary Beth Stone West       For       For        Management
1.4   Elect Director R. Gerald Turner           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Performance-Based Equity Awards           Against   Against    Shareholder


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

MASCO CORP.

Ticker:       MAS            Security ID:  574599106
Meeting Date: MAY 9, 2006    Meeting Type: Annual
Record Date:  MAR 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas G. Denomme          For       For        Management
1.2   Elect Director Richard A. Manoogian       For       For        Management
1.3   Elect Director Mary Ann Van Lokeren       For       For        Management
2     Ratify Auditors                           For       For        Management


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

OCCIDENTAL PETROLEUM CORP.

Ticker:       OXY            Security ID:  674599105
Meeting Date: MAY 5, 2006    Meeting Type: Annual
Record Date:  MAR 6, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Spencer Abraham            For       For        Management
1.2   Elect Director Ronald W. Burkle           For       Withhold   Management
1.3   Elect Director John S. Chalsty            For       Withhold   Management
1.4   Elect Director Edward P. Djerejian        For       For        Management
1.5   Elect Director R. Chad Dreier             For       Withhold   Management
1.6   Elect Director John E. Feick              For       For        Management
1.7   Elect Director Ray R. Irani               For       For        Management
1.8   Elect Director Irvin W. Maloney           For       Withhold   Management
1.9   Elect Director Rodolfo Segovia            For       For        Management
1.10  Elect Director Aziz D. Syriani            For       For        Management
1.11  Elect Director Rosemary Tomich            For       Withhold   Management
1.12  Elect Director Walter L. Weisman          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Limit Executive Compensation              Against   Against    Shareholder
5     Report on Global Warming                  Against   Against    Shareholder
6     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


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

QUANTA SERVICES, INC.

Ticker:       PWR            Security ID:  74762E102
Meeting Date: MAY 24, 2006   Meeting Type: Annual
Record Date:  MAR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James R. Ball              For       For        Management
1.2   Elect Director John R. Colson             For       For        Management
1.3   Elect Director Ralph R. DiSibio           For       For        Management
1.4   Elect Director Bernard Fried              For       For        Management
1.5   Elect Director Louis C. Golm              For       For        Management
1.6   Elect Director Worthing F. Jackman        For       For        Management
1.7   Elect Director Bruce Ranck                For       For        Management
1.8   Elect Director Gary A. Tucci              For       For        Management
1.9   Elect Director John R. Wilson             For       For        Management
1.10  Elect Director Pat Wood, III              For       For        Management
2     Ratify Auditors                           For       For        Management


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

SAP AG

Ticker:       SAP            Security ID:  803054204
Meeting Date: MAY 9, 2006    Meeting Type: Annual
Record Date:  MAR 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     RESOLUTION ON THE APPROPRIATION OF THE    For       For        Management
      RETAINED EARNINGS OF THE FISCAL YEAR 2005
2     RESOLUTION ON THE FORMAL APPROVAL OF THE  For       For        Management
      ACTS OF THE EXECUTIVE BOARD IN THE FISCAL
      YEAR 2005
3     RESOLUTION ON THE FORMAL APPROVAL OF THE  For       For        Management
      ACTS OF THE SUPERVISORY BOARD IN THE
      FISCAL YEAR 2005
4     Ratify Auditors                           For       For        Management
5     RESOLUTION ON A CAPITAL INCREASE FROM     For       For        Management
      COMPANY FUNDS BY THREE TIMES THE AMOUNT
      OF THE EXISTING CAPITAL STOCK BY
      CONVERTING PARTIAL AMOUNTS OF THE CAPITAL
      RESERVES
6     RESOLUTION ON THE IMPLEMENTATION OF THE   For       For        Management
      CAPITAL INCREASE FROM COMPANY FUNDS BY
      THREE TIMES THE AMOUNT OF THE EXISTING
      CAPITAL STOCK BY CONVERTING PARTIAL
      AMOUNTS OF THE CAPITAL RESERVES
7     RESOLUTION ON A CHANGE IN THE             For       For        Management
      REMUNERATION OF THE MEMBERS OF THE
      SUPERVISORY BOARD AND ON A CORRESPONDING
      AMENDMENT OF THE ARTICLES OF ASSOCIATION
8     RESOLUTION ON THE CREATION OF A NEW       For       For        Management
      AUTHORIZED CAPITAL LA AGAINST
      CONTRIBUTIONS IN CASH WITH THE OPTION TO
      EXCLUDE THE SHAREHOLDERS  SUBSCRIPTION
      RIGHTS
9     RESOLUTION ON THE CREATION OF A NEW       For       For        Management
      AUTHORIZED CAPITAL LLA AGAINST
      CONTRIBUTIONS IN CASH OR IN KIND WITH THE
      OPTION TO EXCLUDE THE SHAREHOLDERS
      SUBSCRIPTION RIGHTS
10    RESOLUTION ON THE AUTHORIZATION TO USE    For       For        Management
      TREASURY SHARES WITH A PRO RATA AMOUNT OF
      CAPITAL STOCK REPRESENTED BY SUCH SHARES
      OF UP TO EUR 30 MILLION IN AGGREGATE
11    RESOLUTION ON AN AUTHORIZATION TO ACQUIRE For       For        Management
      ADDITIONAL TREASURY SHARES WITH A PRO
      RATE AMOUNT OF CAPITAL STOCK REPRESENTED
      BY SUCH SHARES OF UP TO EUR 90 MILLION IN
      AGGREGATE
12    RESOLUTION ON THE AUTHORIZATION TO USE    For       For        Management
      EQUITY DERIVATIVES IN CONNECTION WITH THE
      ACQUISITION OF TREASURY SHARES
13    RESOLUTION ON THE AUTHORIZATION TO ISSUE  For       For        Management
      CONVERTIBLE AND/OR WARRANT-LINKED BONDS,
      ON THE CANCELLATION OF THE EXISTING
      CONTINGENT CAPITAL IV, ON THE CREATION OF
      A NEW CONTINGENT CAPITAL IV
14    RESOLUTION ON AN ADDITIONAL AUTHORIZATION For       For        Management
      TO ISSUE CONVERTIBLE AND/OR
      WARRANT-LINKED BONDS, ON THE CREATION OF
      A NEW CONTINGENT CAPITAL IVA
15    RESOLUTION ON THE APPROVAL OF THE CONTROL For       For        Management
      AND PROFIT AND LOSS TRANSFER AGREEMENT
      BETWEEN SAP AG AND SAP ERSTE
      BETEILIGUNGS- UND VERMOGENSVERWALTUNGS
      GMBH
16    RESOLUTION ON THE APPROVAL OF THE CONTROL For       For        Management
      AND PROFIT AND LOSS TRANSFER AGREEMENT
      BETWEEN SAP AG AND SAP ZWEITE
      BETEILIGUNGS- UND VERMOGENSVERWALTUNGS
      GMBH


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

SL GREEN REALTY CORP.

Ticker:       SLG            Security ID:  78440X101
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John H. Alschuler, Jr.     For       For        Management
1.2   Elect Director Stephen L. Green           For       For        Management
2     Ratify Auditors                           For       For        Management


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

WASTE CONNECTIONS, INC.

Ticker:       WCN            Security ID:  941053100
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  MAR 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael W. Harlan          For       For        Management
1.2   Elect Director William J. Razzouk         For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management




============================= DAVIS FINANCIAL FUND =============================


ALTRIA GROUP, INC.

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

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


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

AMERICAN EXPRESS CO.

Ticker:       AXP            Security ID:  025816109
Meeting Date: APR 24, 2006   Meeting Type: Annual
Record Date:  FEB 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Daniel F. Akerson          For       For        Management
1.2   Elect Director Charlene Barshefsky        For       For        Management
1.3   Elect Director Ursula M. Burns            For       For        Management
1.4   Elect Director Kenneth I. Chenault        For       For        Management
1.5   Elect Director Peter Chernin              For       For        Management
1.6   Elect Director Peter R. Dolan             For       For        Management
1.7   Elect Director Vernon E. Jordan, Jr.      For       For        Management
1.8   Elect Director Jan Leschly                For       For        Management
1.9   Elect Director Ricahrd A. McGinn          For       Withhold   Management
1.10  Elect Director Edward D. Miller           For       For        Management
1.11  Elect Director Frank P. Popoff            For       For        Management
1.12  Elect Director Robert D. Walter           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Limit/Prohibit Executive Stock-Based      Against   Against    Shareholder
      Awards
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
5     Exclude Reference to Sexual Orientation   Against   Against    Shareholder
      from the Company's EEO Statement
6     Company-Specific -- Reimbursement of      Against   Against    Shareholder
      Expenses for Certain
      Shareholder-Nominated Director Candidates

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

AMERICAN INTERNATIONAL GROUP

Ticker:       AIG            Security ID:  026874107
Meeting Date: AUG 11, 2005   Meeting Type: A
Record Date:  JUN 24, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Elect M. Bernard Aidinoff                 For       For        Management
1.02  Elect  Chia Pei-Yuan                      For       For        Management
1.03  Elect Marshall A. Cohen                   For       For        Management
1.04  Elect William S. Cohen                    For       For        Management
1.05  Elect Martin S. Feldstein                 For       For        Management
1.06  Elect Ellen V. Futter                     For       For        Management
1.07  Elect Stephen L. Hammerman                For       For        Management
1.08  Elect Carla A. Hills                      For       For        Management
1.09  Elect Richard C. Holbrooke                For       For        Management
1.10  Elect Donald P. Kanak                     For       For        Management
1.11  Elect George L. Miles Jr.                 For       For        Management
1.12  Elect Morris W Offit                      For       For        Management
1.13  Elect Martin J. Sullivan                  For       For        Management
1.14  Elect Edmund Sze-Wing Tse                 For       For        Management
1.15  Elect Frank G. Zarb                       For       For        Management
2     Ratify selection of auditors

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


AMERICAN INTERNATIONAL GROUP, INC.

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

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


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AMERIPRISE FINANCIAL, INC.

Ticker:       AMP            Security ID:  03076C106
Meeting Date: APR 26, 2006   Meeting Type: Annual
Record Date:  FEB 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ira D. Hall                For       For        Management
1.2   Elect Director Jeffrey Noddle             For       For        Management
1.3   Elect Director Richard F. Powers, III     For       For        Management
2     Ratify Auditors                           For       For        Management


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BERKSHIRE HATHAWAY INC.

Ticker:       BRK.A          Security ID:  084670108
Meeting Date: MAY 6, 2006    Meeting Type: Annual
Record Date:  MAR 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Warren E. Buffett          For       For        Management
1.2   Elect Director Charles T. Munger          For       For        Management
1.3   Elect Director Howard G. Buffett          For       For        Management
1.4   Elect Director Malcolm G. Chace           For       For        Management
1.5   Elect Director William H. Gates, III      For       For        Management
1.6   Elect Director David S. Gottesman         For       For        Management
1.7   Elect Director Charlotte Guyman           For       For        Management
1.8   Elect Director Donald R. Keough           For       For        Management
1.9   Elect Director Thomas S. Murphy           For       For        Management
1.10  Elect Director Ronald L. Olson            For       For        Management
1.11  Elect Director Walter Scott, Jr.          For       For        Management


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CHINA LIFE INSURANCE CO LTD

Ticker:       LFC            Security ID:  16939P106
Meeting Date: JUL 29, 2005   Meeting Type: S
Record Date:  JUN 28, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect  Yang Chao                          For       For        Management


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

CHINA LIFE INSURANCE CO LTD

Ticker:       LFC            Security ID:  16939P106
Meeting Date: JUN 16, 2006   Meeting Type: Annual
Record Date:  MAY 16, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     TO REVIEW AND APPROVE THE REPORT OF THE   For       For        Management
      BOARD OF DIRECTORS OF THE COMPANY FOR THE
      YEAR 2005.
2     TO REVIEW AND APPROVE THE REPORT OF THE   For       For        Management
      SUPERVISORY COMMITTEE OF THE COMPANY FOR
      THE YEAR 2005.
3     TO REVIEW AND APPROVE THE AUDITED         For       For        Management
      FINANCIAL STATEMENTS AND THE AUDITORS
      REPORT FOR THE YEAR ENDED DECEMBER 31,
      2005.
4     TO REVIEW AND APPROVE THE RECOMMENDATION  For       For        Management
      FOR A FINAL DIVIDEND.
5.1   Elect  Director Yang Chao                 For       For        Management
5.2   Elect  Director Wu Yan                    For       For        Management
5.3   Elect  Director Shi Guoqing               For       For        Management
5.4   Elect  Director Long Yongtu               For       For        Management
5.5   Elect  Director Chau Tak Hay              For       For        Management
5.6   Elect  Director Sun Shuyi                 For       For        Management
5.7   Elect  Director Cai Rang                  For       For        Management
5.8   Elect  Director Ma Yongwei                For       For        Management
5.9   Elect  Director Wan Feng                  For       For        Management
5.10  Elect  Director Zhuang Zuojin             For       For        Management
5.11  Elect  Director Xia Zhihua                For       For        Management
5.12  Elect  Director Wu Weimin                 For       For        Management
5.13  Elect  Director Tian Hui                  For       For        Management
6     TO AUTHORIZE THE BOARD OF DIRECTORS TO    For       For        Management
      DETERMINE THE REMUNERATION OF THE
      DIRECTORS AND SUPERVISORS.
7     Ratify Auditors                           For       For        Management
8     TO AMEND THE ARTICLES OF ASSOCIATION OF   For       For        Management
      THE COMPANY.
9     TO GIVE A GENERAL MANDATE TO THE BOARD OF For       For        Management
      DIRECTORS TO ISSUE, ALLOT AND DEAL WITH
      ADDITIONAL DOMESTIC SHARES AND OVERSEAS
      LISTED FOREIGN SHARES OF THE COMPANY NOT
      EXCEEDING 20% OF EACH OF THE AGGREGATE
      NOMINAL AMOUNT OF THE DOMESTIC SHARES.


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

CHINA LIFE INSURANCE CO LTD

Ticker:       LFC            Security ID:  16939P106
Meeting Date: MAR 16, 2006   Meeting Type: Special
Record Date:  FEB 13, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     THAT MR. MA YONGWEI BE APPOINTED AS AN    For       For        Management
      ADDITIONAL DIRECTOR OF THE COMPANY .
2     THAT MS. XIA ZHIHUA BE APPOINTED AS AN    For       For        Management
      ADDITIONAL SUPERVISOR OF THE COMPANY .
3     THAT THE ARTICLES OF ASSOCIATION OF THE   For       For        Management
      COMPANY BE AMENDED AS FOLLOWS: THE TWO
      OCCASIONS OF  9 DIRECTORS  BE REVISED TO
      11 DIRECTORS  IN ARTICLE 88, ALL AS MORE
      FULLY DESCRIBED IN THE AGENDA.


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

COMMERCE BANCORP, INC.

Ticker:       CBH            Security ID:  200519106
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:  APR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Vernon W. Hill, II         For       For        Management
1.2   Elect Director Jack R. Bershad            For       For        Management
1.3   Elect Director Joseph E. Buckelew         For       For        Management
1.4   Elect Director Donald T. DiFrancesco      For       For        Management
1.5   Elect Director Morton N. Kerr             For       For        Management
1.6   Elect Director Steven M. Lewis            For       For        Management
1.7   Elect Director John K. Lloyd              For       For        Management
1.8   Elect Director George E. Norcross, III    For       For        Management
1.9   Elect Director Daniel J. Ragone           For       For        Management
1.10  Elect Director William A. Schwartz, Jr.   For       For        Management
1.11  Elect Director Joseph T. Tarquini, Jr.    For       For        Management
1.12  Elect Director Joseph S. Vassalluzzo      For       For        Management
2     Ratify Auditors                           For       For        Management


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

DUN & BRADSTREET CORP, THE

Ticker:       DNB            Security ID:  26483E100
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James N. Fernandez         For       For        Management
1.2   Elect Director Sandra E. Peterson         For       For        Management
1.3   Elect Director Michael R. Quinlan         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan


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

EVEREST RE GROUP LTD

Ticker:       RE             Security ID:  G3223R108
Meeting Date: MAY 23, 2006   Meeting Type: Annual
Record Date:  MAR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin Abrahams           For       For        Management
1.2   Elect  Director John R. Dunne             For       For        Management
1.3   Elect  Director John A. Weber             For       For        Management
2     Ratify Auditors                           For       For        Management
3     TO APPROVE AN AMENDMENT TO THE EVEREST RE For       For        Management
      GROUP, LTD. 2002 STOCK INCENTIVE PLAN.


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

FPIC INSURANCE GROUP, INC.

Ticker:       FPIC           Security ID:  302563101
Meeting Date: JUN 14, 2006   Meeting Type: Annual
Record Date:  APR 12, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard J. Bagby, M.D.     For       For        Management
1.2   Elect Director Robert O. Baratta, M.D.    For       For        Management
1.3   Elect Director John R. Byers              For       For        Management
1.4   Elect Director Terence P. McCoy, M.D.     For       For        Management


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

GOLDEN WEST FINANCIAL CORP.

Ticker:       GDW            Security ID:  381317106
Meeting Date: MAY 3, 2006    Meeting Type: Annual
Record Date:  MAR 2, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Maryellen C. Herringer     For       For        Management
1.2   Elect Director Kenneth T. Rosen           For       For        Management
1.3   Elect Director Herbert M. Sandler         For       For        Management
2     Ratify Auditors                           For       For        Management


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

H&R BLOCK INC

Ticker:       HRB            Security ID:  093671105
Meeting Date: SEP 7, 2005    Meeting Type: A
Record Date:  JUL 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Elect Thomas M. Bloch                     For       For        Management
1.02  Elect Mark A. Ernst                       For       For        Management
1.03  Elect David Baker Lewis                   For       For        Management
1.04  Elect Tom D. Seip                         For       For        Management
2     Adopt the Executive Performance Plan      For       For        Management
3     Ratify selection of auditors              For       For        Management


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

JPMORGAN CHASE & CO.

Ticker:       JPM            Security ID:  46625H100
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:  MAR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John H. Biggs              For       For        Management
1.2   Elect Director Stephen B. Burke           For       For        Management
1.3   Elect Director James S. Crown             For       For        Management
1.4   Elect Director James Dimon                For       For        Management
1.5   Elect Director Ellen V. Futter            For       For        Management
1.6   Elect Director William H. Gray, III       For       For        Management
1.7   Elect Director William B. Harrison, Jr.   For       For        Management
1.8   Elect Director Laban P. Jackson, Jr.      For       For        Management
1.9   Elect Director John W. Kessler            For       For        Management
1.10  Elect Director Robert I. Lipp             For       For        Management
1.11  Elect Director Richard A. Manoogian       For       For        Management
1.12  Elect Director David C. Novak             For       For        Management
1.13  Elect Director Lee R. Raymond             For       For        Management
1.14  Elect Director William C. Weldon          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Put Repricing of Stock Options to         Against   Against    Shareholder
      Shareholder Vote
4     Performance-Based Equity Awards           Against   For        Shareholder
5     Separate Chairman and CEO Positions       Against   Against    Shareholder
6     Remove Reference to Sexual Orientation    Against   Against    Shareholder
      from EEO Statement
7     Amend Articles/Bylaws/Charter -- Call     Against   Against    Shareholder
      Special Meetings
8     Report on Lobbying Activities             Against   Against    Shareholder
9     Report on Political Contributions         Against   Against    Shareholder
10    Approve Terms of Existing Poison Pill     Against   Against    Shareholder
11    Provide for Cumulative Voting             Against   For        Shareholder
12    Claw-back of Payments under Restatements  Against   Against    Shareholder
13    Require Director Nominee Qualifications   Against   Against    Shareholder


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

LOEWS CORP.

Ticker:       LTR            Security ID:  540424108
Meeting Date: MAY 8, 2006    Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ann E. Berman              For       For        Management
1.2   Elect Director Joseph L. Bower            For       For        Management
1.3   Elect Director Charles M. Diker           For       For        Management
1.4   Elect Director Paul J. Fribourg           For       For        Management
1.5   Elect Director Walter L. Harris           For       For        Management
1.6   Elect Director Philip A. Laskawy          For       For        Management
1.7   Elect Director Gloria R. Scott            For       For        Management
1.8   Elect Director Andrew H. Tisch            For       For        Management
1.9   Elect Director James S. Tisch             For       For        Management
1.10  Elect Director Jonathan M. Tisch          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   For        Shareholder
4     Prohibit Smoking in Public Facilities     Against   Against    Shareholder


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

MARKEL CORP.

Ticker:       MKL            Security ID:  570535104
Meeting Date: MAY 22, 2006   Meeting Type: Annual
Record Date:  MAR 30, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J. Alfred Broaddus, Jr.    For       For        Management
1.2   Elect Director Douglas C. Eby             For       For        Management
1.3   Elect Director Leslie A. Grandis          For       For        Management
1.4   Elect Director Stewart M. Kasen           For       For        Management
1.5   Elect Director Alan I. Kirshner           For       For        Management
1.6   Elect Director Anthony F. Markel          For       For        Management
1.7   Elect Director Steven A. Markel           For       For        Management
1.8   Elect Director Jay M. Weinberg            For       For        Management
2     Ratify Auditors                           For       For        Management


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

MOODY'S CORPORATION

Ticker:       MCO            Security ID:  615369105
Meeting Date: APR 25, 2006   Meeting Type: Annual
Record Date:  MAR 1, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ewald Kist                 For       For        Management
1.2   Elect Director Henry A. McKinnell         For       For        Management
1.3   Elect Director John K. Wulff              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder


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

PROGRESSIVE CORP., THE

Ticker:       PGR            Security ID:  743315103
Meeting Date: APR 21, 2006   Meeting Type: Annual
Record Date:  FEB 22, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stephen R. Hardis          For       For        Management
1.2   Elect Director Philip A. Laskawy          For       For        Management
1.3   Elect Director Norman S. Matthews         For       For        Management
1.4   Elect Director Bradley T. Sheares, Ph. D  For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


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

SEALED AIR CORP.

Ticker:       SEE            Security ID:  81211K100
Meeting Date: MAY 12, 2006   Meeting Type: Annual
Record Date:  MAR 14, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Hank Brown                 For       For        Management
2     Elect Director Michael Chu                For       For        Management
3     Elect Director Lawrence R. Codey          For       For        Management
4     Elect Director T. J. Dermot Dunphy        For       For        Management
5     Elect Director Charles F. Farrell, Jr.    For       For        Management
6     Elect Director William V. Hickey          For       For        Management
7     Elect Director Jacqueline B. Kosecoff     For       For        Management
8     Elect Director Kenneth P. Manning         For       For        Management
9     Elect Director William J. Marino          For       For        Management
10    Ratify Auditors                           For       For        Management


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

TRANSATLANTIC HOLDINGS, INC.

Ticker:       TRH            Security ID:  893521104
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  MAR 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James Balog                For       For        Management
1.2   Elect Director Steven J. Bensinger        For       For        Management
1.3   Elect Director C. Fred Bergsten           For       For        Management
1.4   Elect Director John J. Mackowski          For       For        Management
1.5   Elect Director Diana K. Mayer             For       For        Management
1.6   Elect Director Robert F. Orlich           For       For        Management
1.7   Elect Director Martin J. Sullivan         For       For        Management
1.8   Elect Director Thomas R. Tizzio           For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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

TYCO INTERNATIONAL LTD.

Ticker:       TYC            Security ID:  902124106
Meeting Date: MAR 9, 2006    Meeting Type: Annual
Record Date:  JAN 9, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     SET THE MAXIMUM NUMBER OF DIRECTORS AT 12 For       For        Management
2.1   Elect  Director Dennis C. Blair           For       For        Management
2.2   Elect  Director Edward D. Breen           For       For        Management
2.3   Elect  Director Brian Duperreault         For       For        Management
2.4   Elect  Director Bruce S. Gordon           For       For        Management
2.5   Elect  Director Rajiv L. Gupta            For       For        Management
2.6   Elect  Director John A. Krol              For       For        Management
2.7   Elect  Director Mackey J. Mcdonald        For       For        Management
2.8   Elect  Director H. Carl Mccall            For       For        Management
2.9   Elect  Director Brendan R. O'Neill        For       For        Management
2.10  Elect  Director Sandra S. Wijnberg        For       For        Management
2.11  Elect  Director Jerome B. York            For       For        Management
3     AUTHORIZATION FOR THE BOARD OF DIRECTORS  For       For        Management
      TO APPOINT AN ADDITIONAL DIRECTOR TO FILL
      THE VACANCY PROPOSED TO BE CREATED ON THE
      BOARD
4     Ratify Auditors                           For       For        Management




============================ DAVIS OPPORTUNITY FUND ============================


99 CENTS ONLY STORES

Ticker:       NDN            Security ID:  65440K106
Meeting Date: OCT 18, 2005   Meeting Type: A
Record Date:  SEP 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Elect Eric Schiffer                       For       For        Management
1.02  Elect Lawrence Glascott                   For       Withhold   Management
1.03  Elect David Gold                          For       For        Management
1.04  Elect Jeff Gold                           For       For        Management
1.05  Elect Marvin Holen                        For       For        Management
1.06  Elect Thomas Unterman                     For       For        Management
1.07  Elect Eric G. Flamholtz                   For       For        Management
2     SP-Redeem or vote on poison pill          Against   For        Shareholder


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

ADVANCE AUTO PARTS INC

Ticker:       AAP            Security ID:  00751Y106
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 29, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John C. Brouillard         For       For        Management
1.2   Elect Director Lawrence P. Castellani     For       For        Management
1.3   Elect Director Michael N. Coppola         For       For        Management
1.4   Elect Director Darren R. Jackson          For       For        Management
1.5   Elect Director Nicholas J. LaHowchic      For       For        Management
1.6   Elect Director William S. Oglesby         For       For        Management
1.7   Elect Director Gilbert T. Ray             For       For        Management
1.8   Elect Director Carlos A. Saladrigas       For       For        Management
1.9   Elect Director William L. Salter          For       For        Management
1.10  Elect Director Francesca M. Spinelli      For       For        Management
2     Ratify Auditors                           For       For        Management


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

AFLAC INCORPORATED

Ticker:       AFL            Security ID:  001055102
Meeting Date: MAY 1, 2006    Meeting Type: Annual
Record Date:  FEB 22, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Daniel P. Amos             For       For        Management
1.2   Elect Director John Shelby Amos, II       For       For        Management
1.3   Elect Director Michael H. Armacost        For       For        Management
1.4   Elect Director Kriss Cloninger, III       For       For        Management
1.5   Elect Director Joe Frank Harris           For       For        Management
1.6   Elect Director Elizabeth J. Hudson        For       For        Management
1.7   Elect Director Kenneth S. Janke Sr.       For       For        Management
1.8   Elect Director Douglas W. Johnson         For       For        Management
1.9   Elect Director Robert B. Johnson          For       For        Management
1.10  Elect Director Charles B. Knapp           For       For        Management
1.11  Elect Director Hidefumi Matsui            For       For        Management
1.12  Elect Director E. Stephen Purdom, M.D.    For       For        Management
1.13  Elect Director Barbara K. Rimer, Dr. Ph   For       For        Management
1.14  Elect Director Marvin R. Schuster         For       For        Management
1.15  Elect Director David Gary Thompson        For       For        Management
1.16  Elect Director Tohru Tonoike              For       For        Management
1.17  Elect Director Robert L. Wright           For       For        Management
2     Ratify Auditors                           For       For        Management


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

AGILENT TECHNOLOGIES INC.

Ticker:       A              Security ID:  00846U101
Meeting Date: MAR 1, 2006    Meeting Type: Annual
Record Date:  JAN 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William P. Sullivan        For       For        Management
1.2   Elect Director Robert J. Herbold          For       For        Management
1.3   Elect Director Koh Boon Hwee              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management


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

AMBAC FINANCIAL GROUP, INC.

Ticker:       ABK            Security ID:  023139108
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:  MAR 6, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Phillip B. Lassiter        For       For        Management
1.2   Elect Director Michael A. Callen          For       For        Management
1.3   Elect Director Jill M. Considine          For       For        Management
1.4   Elect Director Robert J. Genader          For       For        Management
1.5   Elect Director W. Grant Gregory           For       For        Management
1.6   Elect Director Thomas C. Theobald         For       For        Management
1.7   Elect Director Laura S. Unger             For       For        Management
1.8   Elect Director Henry D.G. Wallace         For       For        Management
2     Ratify Auditors                           For       For        Management


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

AMERICAN STANDARD COMPANIES INC.

Ticker:       ASD            Security ID:  029712106
Meeting Date: MAY 3, 2006    Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Steven F. Goldstone        For       For        Management
1.2   Elect Director Kirk S. Hachigian          For       For        Management
1.3   Elect Director Edward E. Hagenlocker      For       For        Management
1.4   Elect Director Dale F. Morrison           For       For        Management
2     Ratify Auditors                           For       For        Management


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

AMERISOURCEBERGEN CORP

Ticker:       ABC            Security ID:  03073E105
Meeting Date: FEB 9, 2006    Meeting Type: Annual
Record Date:  DEC 29, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard C. Gozon           For       For        Management
1.2   Elect Director J. Lawrence Wilson         For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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

AMOREPACIFIC CORP. (FORMERLY PACIFIC CORP)

Ticker:                      Security ID:  Y01243107
Meeting Date: APR 27, 2006   Meeting Type: Special
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Spin-Off Agreement                For       For        Management
2     Elect Directors                           For       For        Management
3     Appoint Auditor                           For       For        Management
4     Approve Limit on Remuneration of Auditor  For       For        Management


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

AMOREPACIFIC CORP. (FORMERLY PACIFIC CORP)

Ticker:                      Security ID:  Y01243107
Meeting Date: FEB 28, 2006   Meeting Type: Annual
Record Date:  DEC 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 3000 Per Common Share
2     Amend Articles of Incorporation to Expand For       For        Management
      Business Objectives, to Shorten
      Share-block Date, to Increase Number of
      Committees
3.1   Elect Executive Directors                 For       For        Management
3.2   Elect Independent Non-Executive Directors For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Amend Terms of Severance Payments to      For       For        Management
      Executives


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

ANGLO IRISH BANK CORPORATION PLC

Ticker:                      Security ID:  G03815118
Meeting Date: JAN 27, 2006   Meeting Type: Annual
Record Date:  JAN 25, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Dividends                         For       For        Management
3a    Reelect F. Drury as Director              For       For        Management
3b    Reelect S. FitzPatrick as Director        For       For        Management
3c    Reelect M. Jacob as Director              For       For        Management
4     Authorize Board to Fix Remuneration of    For       For        Management
      Auditors
5     Approve Remuneration of Non-executive     For       For        Management
      Directors
6     Authorize Share Repurchase Program and    For       For        Management
      Reissuance of Repurchased Shares
7     Authorize Issuance of Equity or           For       For        Management
      Equity-Linked Securities with Preemptive
      Rights
8     Approve Issuance of Equity or             For       For        Management
      Equity-Linked Securities without
      Preemptive Rights


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

AUTOLIV INC.

Ticker:       ALV            Security ID:  052800109
Meeting Date: MAY 4, 2006    Meeting Type: Annual
Record Date:  MAR 7, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director George A. Lorch            For       For        Management
1.2   Elect Director James M. Ringler           For       For        Management
1.3   Elect Director Tetsuo Sekiya              For       For        Management
1.4   Elect Director Per Welin                  For       For        Management
2     Ratify Auditors                           For       For        Management


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

AUTONATION, INC.

Ticker:       AN             Security ID:  05329W102
Meeting Date: JUN 1, 2006    Meeting Type: Annual
Record Date:  APR 26, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Mike Jackson               For       For        Management
1.2   Elect Director Robert J. Brown            For       For        Management
1.3   Elect Director Rick L. Burdick            For       For        Management
1.4   Elect Director William C. Crowley         For       For        Management
1.5   Elect Director Edward S. Lampert          For       For        Management
1.6   Elect Director Michael E. Maroone         For       For        Management
1.7   Elect Director Irene B. Rosenfeld         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Provide for Cumulative Voting             Against   For        Shareholder


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

AUTOZONE, INC.

Ticker:       AZO            Security ID:  053332102
Meeting Date: DEC 14, 2005   Meeting Type: A
Record Date:  OCT 17, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Elect Charles M. Elson                    For       For        Management
1.02  Elect Sue E. Gove                         For       For        Management
1.03  Elect Earl G. Graves Jr.                  For       For        Management
1.04  Elect N. Gerry House                      For       For        Management
1.05  Elect J.R. Hyde III                       For       For        Management
1.06  Elect Edward S. Lampert                   For       For        Management
1.07  Elect W. Andrew McKenna                   For       For        Management
1.08  Elect William C. Rhodes                   For       For        Management
2     Ratify selection of auditors              For       For        Management


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

BLOUNT INTERNATIONAL, INC.

Ticker:       BLT            Security ID:  095180105
Meeting Date: APR 25, 2006   Meeting Type: Annual
Record Date:  FEB 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director R. Eugene Cartledge        For       For        Management
1.2   Elect Director Joshua L. Collins          For       For        Management
1.3   Elect Director Eliot M. Fried             For       For        Management
1.4   Elect Director Thomas J. Fruechtel        For       For        Management
1.5   Elect Director E. Daniel James            For       For        Management
1.6   Elect Director Robert D. Kennedy          For       For        Management
1.7   Elect Director Harold E. Layman           For       For        Management
1.8   Elect Director James S. Osterman          For       For        Management
2     Approve Executive Incentive Bonus Plan    For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Ratify Auditors                           For       For        Management


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

BROWN & BROWN, INC.

Ticker:       BRO            Security ID:  115236101
Meeting Date: MAY 10, 2006   Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J. Hyatt Brown             For       For        Management
1.2   Elect Director Samuel P. Bell, III        For       For        Management
1.3   Elect Director Hugh M. Brown              For       For        Management
1.4   Elect Director Bradley Currey, Jr.        For       For        Management
1.5   Elect Director Jim W. Henderson           For       For        Management
1.6   Elect Director Theodore J. Hoepner        For       For        Management
1.7   Elect Director David H. Hughes            For       For        Management
1.8   Elect Director John R. Riedman            For       For        Management
1.9   Elect Director Jan E. Smith               For       For        Management
1.10  Elect Director Chilton D. Varner          For       For        Management


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

CARDINAL HEALTH, INC.

Ticker:       CAH            Security ID:  14149Y108
Meeting Date: NOV 2, 2005    Meeting Type: A
Record Date:  SEP 9, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Elect J. Michael Losh                     For       For        Management
1.02  Elect John B. McCoy                       For       Withhold   Management
1.03  Elect Michael D. O''Halleran              For       For        Management
1.04  Elect Jean G. Spaulding                   For       Withhold   Management
1.05  Elect Matthew D. Walter                   For       For        Management
2     Adopt the 2005 Long Term Incentive Plan   For       For        Management
3     Repeal classified board                   For       For        Management


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

CINCINNATI FINANCIAL CORP.

Ticker:       CINF           Security ID:  172062101
Meeting Date: MAY 6, 2006    Meeting Type: Annual
Record Date:  MAR 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William F. Bahl            For       For        Management
1.2   Elect Director James E. Benoski           For       For        Management
1.3   Elect Director Gretchen W. Price          For       For        Management
1.4   Elect Director John J. Schiff, Jr.        For       For        Management
1.5   Elect Director E. Anthony Woods           For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management


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

COMMERCE BANCORP, INC.

Ticker:       CBH            Security ID:  200519106
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:  APR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Vernon W. Hill, II         For       For        Management
1.2   Elect Director Jack R. Bershad            For       For        Management
1.3   Elect Director Joseph E. Buckelew         For       For        Management
1.4   Elect Director Donald T. DiFrancesco      For       For        Management
1.5   Elect Director Morton N. Kerr             For       For        Management
1.6   Elect Director Steven M. Lewis            For       For        Management
1.7   Elect Director John K. Lloyd              For       For        Management
1.8   Elect Director George E. Norcross, III    For       For        Management
1.9   Elect Director Daniel J. Ragone           For       For        Management
1.10  Elect Director William A. Schwartz, Jr.   For       For        Management
1.11  Elect Director Joseph T. Tarquini, Jr.    For       For        Management
1.12  Elect Director Joseph S. Vassalluzzo      For       For        Management
2     Ratify Auditors                           For       For        Management


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

COSTCO WHOLESALE CORPORATION

Ticker:       COST           Security ID:  22160K105
Meeting Date: JAN 25, 2006   Meeting Type: Annual
Record Date:  DEC 2, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James D. Sinegal           For       For        Management
1.2   Elect Director Jeffrey H. Brotman         For       For        Management
1.3   Elect Director Richard A. Galanti         For       For        Management
1.4   Elect Director Daniel J. Evans            For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Declassify the Board of Directors         Against   Against    Shareholder
4     Adopt Vendor Standards                    Against   Against    Shareholder
5     Ratify Auditors                           For       For        Management


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

COVAD COMMUNICATIONS GROUP, INC

Ticker:       DVW            Security ID:  222814204
Meeting Date: JUN 15, 2006   Meeting Type: Annual
Record Date:  APR 18, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Larry Irving               For       For        Management
1.2   Elect Director Richard A. Jalkut          For       For        Management
1.3   Elect Director Daniel C. Lynch            For       For        Management
2     Ratify Auditors                           For       For        Management


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

DUN & BRADSTREET CORP, THE

Ticker:       DNB            Security ID:  26483E100
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James N. Fernandez         For       For        Management
1.2   Elect Director Sandra E. Peterson         For       For        Management
1.3   Elect Director Michael R. Quinlan         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan


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

E*TRADE FINANCIAL CORP.

Ticker:       ET             Security ID:  269246104
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  APR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael K. Parks           For       For        Management
1.2   Elect Director Lewis E. Randall           For       For        Management
1.3   Elect Director Stephen H. Willard         For       For        Management
2     Ratify Auditors                           For       For        Management


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

ECHOSTAR COMMUNICATIONS CORP.

Ticker:       DISH           Security ID:  278762109
Meeting Date: MAY 11, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James DeFranco             For       For        Management
1.2   Elect Director Michael T. Dugan           For       For        Management
1.3   Elect Director Cantey Ergen               For       For        Management
1.4   Elect Director Charles W. Ergen           For       For        Management
1.5   Elect Director Steven R. Goodbarn         For       For        Management
1.6   Elect Director Gary S. Howard             For       For        Management
1.7   Elect Director David K. Moskowitz         For       For        Management
1.8   Elect Director Tom A. Ortolf              For       For        Management
1.9   Elect Director C. Michael Schroeder       For       For        Management
1.10  Elect Director Carl E. Vogel              For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Non-Employee Director Stock Option  For       For        Management
      Plan
4     Amend Qualified Employee Stock Purchase   For       For        Management
      Plan
5     Other Business                            For       For        Management


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

EVEREST RE GROUP LTD

Ticker:       RE             Security ID:  G3223R108
Meeting Date: MAY 23, 2006   Meeting Type: Annual
Record Date:  MAR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Martin Abrahams           For       For        Management
1.2   Elect  Director John R. Dunne             For       For        Management
1.3   Elect  Director John A. Weber             For       For        Management
2     Ratify Auditors                           For       For        Management
3     TO APPROVE AN AMENDMENT TO THE EVEREST RE For       For        Management
      GROUP, LTD. 2002 STOCK INCENTIVE PLAN.


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

EXPEDIA INC

Ticker:       EXPE           Security ID:  30212P105
Meeting Date: MAY 24, 2006   Meeting Type: Annual
Record Date:  APR 12, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director A. G. 'Skip' Battle        For       For        Management
1.2   Elect Director Barry Diller               For       For        Management
1.3   Elect Director Jonathan Dolgen            For       For        Management
1.4   Elect Director William R. Fitzgerald      For       For        Management
1.5   Elect Director David Goldhill             For       For        Management
1.6   Elect Director Victor A. Kaufman          For       For        Management
1.7   Elect Director Peter Kern*                For       For        Management
1.8   Elect Director Dara Khosrowshahi          For       For        Management
1.9   Elect Director John C. Malone             For       For        Management
2     Ratify Auditors                           For       For        Management


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

FIRST MARBLEHEAD CORP

Ticker:       FMD            Security ID:  320771108
Meeting Date: OCT 27, 2005   Meeting Type: A
Record Date:  SEP 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Elect Stephen E. Anbinder                 For       For        Management
1.02  Elect Leslie L. Alexander                 For       For        Management
1.03  Elect William R. Berkley                  For       For        Management
1.04  Elect Dort A. Cameron III                 For       For        Management
1.05  Elect George G. Daly                      For       For        Management
1.06  Elect Peter S. Drotch                     For       For        Management
1.07  Elect William D. Hansen                   For       For        Management
1.08  Elect Peter B. Tarr                       For       For        Management
2     Add shares to the 2003 Stock Incentive    For       For        Management
      Plan


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

FISERV, INC.

Ticker:       FISV           Security ID:  337738108
Meeting Date: MAY 24, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Daniel P. Kearney          For       For        Management
1.2   Elect Director Jeffery W. Yabuki          For       For        Management
1.3   Elect Director L. William Seidman         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


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

FISHER SCIENTIFIC INTERNATIONAL INC.

Ticker:       FSH            Security ID:  338032204
Meeting Date: MAY 5, 2006    Meeting Type: Annual
Record Date:  MAR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Paul M. Montrone           For       For        Management
1.2   Elect Director Simon B. Rich              For       For        Management
1.3   Elect Director Scott M. Sterling          For       For        Management
2     Approve Qualified Employee Stock Purchase For       For        Management
      Plan
3     Ratify Auditors                           For       For        Management


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

FPIC INSURANCE GROUP, INC.

Ticker:       FPIC           Security ID:  302563101
Meeting Date: JUN 14, 2006   Meeting Type: Annual
Record Date:  APR 12, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard J. Bagby, M.D.     For       For        Management
1.2   Elect Director Robert O. Baratta, M.D.    For       For        Management
1.3   Elect Director John R. Byers              For       For        Management
1.4   Elect Director Terence P. McCoy, M.D.     For       For        Management


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

FRANKLIN ELECTRIC CO., INC.

Ticker:       FELE           Security ID:  353514102
Meeting Date: APR 28, 2006   Meeting Type: Annual
Record Date:  FEB 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jerome D. Brady            For       For        Management
1.2   Elect Director Diana S. Ferguson          For       For        Management
1.3   Elect Director David M. Wathen            For       For        Management
2     Ratify Auditors                           For       For        Management


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

GARMIN LTD

Ticker:       GRMN           Security ID:  G37260109
Meeting Date: JUN 9, 2006    Meeting Type: Annual
Record Date:  APR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Min H. Kao                For       For        Management
1.2   Elect  Director Charles W. Peffer         For       For        Management


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

GOLDEN WEST FINANCIAL CORP.

Ticker:       GDW            Security ID:  381317106
Meeting Date: MAY 3, 2006    Meeting Type: Annual
Record Date:  MAR 2, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Maryellen C. Herringer     For       For        Management
1.2   Elect Director Kenneth T. Rosen           For       For        Management
1.3   Elect Director Herbert M. Sandler         For       For        Management
2     Ratify Auditors                           For       For        Management


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

GROUPE BRUXELLES LAMBERT SA

Ticker: GBL      	    Security ID:
Meeting Date: APRIL 25,2006 Meeting Type: A
Record Date:  APRIL 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Presentation of Reports                   For       No Action  Management
                                                          Taken
2     Accounts & Reports                        For       No Action  Management
                                                          Taken
3     Ratification of Board Acts                For       No Action  Management
                                                          Taken
4     Ratification of Auditor Acts              For       No Action  Management
                                                          Taken
5     Elect Theirry de Rudder                   For       No Action  Management
                                                          Taken
6     Amendments to Articles                    For       No Action  Management
		                                          Taken
7     Authority to Repurchase Shares            For       No Action  Management
                                                          Taken
8     Transaction of Other Business             For       No Action  Management
                                                          Taken
--------------------------------------------------------------------------------

HARLEY-DAVIDSON, INC.

Ticker:       HDI            Security ID:  412822108
Meeting Date: APR 29, 2006   Meeting Type: Annual
Record Date:  MAR 9, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jeffrey L. Bluestein       For       For        Management
1.2   Elect Director Donald A. James            For       For        Management
1.3   Elect Director James A. Norling           For       For        Management
1.4   Elect Director James L. Ziemer            For       For        Management
2     Ratify Auditors                           For       For        Management


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

HEINEKEN HOLDING

Ticker:                      Security ID:  N39338194
Meeting Date: APR 20, 2006   Meeting Type: Annual
Record Date:  APR 13, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Accounts and Reports 			For       For        Management
1.02  Dividend Policy				None      None       Management
1.03  Allocation of Profits/Dividends		For	  For        Management
1.04  Ratification of Management Acts 		For       For        Management
1.05  Ratifiaction of Supervisory Board Acts	For       For        Management
2.00  Authority to Repurchase Shares		For	  For        Management
3.00  Authority to issues Shares w/ or
      without Preemptive Rights			For 	  For        Management
4.00  Election of Supervisory Board		For 	  For        Management
4.01  Elect Cornelis Van Lede			For       For        Management
4.02  Elect Jan Maarten de Jong			For       For        Management
4.03  Elect A. Fentener van Vlissingen		For       For        Management
4.04  Elect Ian Maclaurin			For       For 	     Management

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

HUNTER DOUGLAS

Ticker:                      Security ID:  N4327C122
Meeting Date: AUG 16, 2005   Meeting Type: A
Record Date:  AUG 1, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     NV Receive statutory reports              None      None       Management
2     Approve financial statements              For       For        Management
3     Ratify board acts-legal                   For       For        Management
4     Set dividend/allocate profits             For       For        Management
5     Election of directors by slate            For       For        Management
6     Appoint outside auditors                  For       For        Management
7     Consider other business                   For       Against    Management


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

HUNTER DOUGLAS NV

Ticker:                      Security ID:  N4327C122
Meeting Date: JUN 21, 2006   Meeting Type: Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Dividends                         For       Did Not    Management
                                                          Vote
2     Other Business                            For       Did Not    Management
                                                          Vote


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

HUNTER DOUGLAS NV

Ticker:                      Security ID:  N4327C122
Meeting Date: JUN 21, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Report to Shareholders                    For       Did Not    Management
                                                          Vote
2     Confirmation 2005 Annual Accounts         For       Did Not    Management
                                                          Vote
3     Approve Discharge of Management and       For       Did Not    Management
      Supervisory Board                                   Vote
4     Dividend Declaration Common Shares        For       Did Not    Management
                                                          Vote
5     Elect Directors and Substitutes           For       Did Not    Management
                                                          Vote
6     Ratify Auditors                           For       Did Not    Management
                                                          Vote
7     Amend Articles of Association             For       Did Not    Management
                                                          Vote
8     Other Business                            For       Did Not    Management
                                                          Vote


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

HUNTSMAN CORP

Ticker:       HUN            Security ID:  447011107
Meeting Date: NOV 2, 2005    Meeting Type: A
Record Date:  SEP 13, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.01  Elect Jon M. Huntsman                     For       For        Management
1.02  Elect Marsha J. Evans                     For       For        Management
1.03  Elect David J. Matlin                     For       For        Management
1.04  Elect Christopher R. Pechok               For       For        Management
2     Ratify selection of auditors              For       For        Management


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

IDEXX LABORATORIES, INC.

Ticker:       IDXX           Security ID:  45168D104
Meeting Date: MAY 10, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William T. End             For       For        Management
1.2   Elect Director Barry C. Johnson, Phd      For       For        Management
1.3   Elect Director Brian P. McKeon            For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Ratify Auditors                           For       For        Management


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

IRON MOUNTAIN INC.

Ticker:       IRM            Security ID:  462846106
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  APR 13, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Clarke H. Bailey           For       For        Management
1.2   Elect Director Constantin R. Boden        For       For        Management
1.3   Elect Director Kent P. Dauten             For       For        Management
1.4   Elect Director John F. Kenny, Jr.         For       For        Management
1.5   Elect Director Arthur D. Little           For       For        Management
1.6   Elect Director C. Richard Reese           For       For        Management
1.7   Elect Director Vincent J. Ryan            For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Amend Executive Incentive Bonus Plan      For       For        Management
5     Approve Executive Incentive Bonus Plan    For       For        Management
6     Ratify Auditors                           For       For        Management


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

JULIUS BAER HOLDING

Ticker:                      Security ID:  H4407G172
Meeting Date: NOV 10, 2005   Meeting Type: S
Record Date:  NOV 3, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase authorized capital               For       For        Management
2     Issue stock w/o preemptive rights         For       For        Management
3     Reissuance of shares/treasury stock       For       For        Management


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

JULIUS BAER HOLDING AG (FORMERLY BAER HOLDINGS)

Ticker:                      Security ID:  H4407G172
Meeting Date: APR 12, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of CHF 1 per Share                        Vote
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4.1   Reelect Paul Embrechts, Beatrice Speiser, For       Did Not    Management
      and Raymond Baer as Directors                       Vote
4.2   Elect Georges Gagnebin and Charles        For       Did Not    Management
      Stonehill as Directors                              Vote
5     Ratify KPMG Fides Peat as Auditors        For       Did Not    Management
                                                          Vote


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

LAGARDERE S.C.A.

Ticker:                      Security ID:  F5485U100
Meeting Date: MAY 2, 2006    Meeting Type: Annual/Special
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements and          For       Did Not    Management
      Discharge Directors                                 Vote
2     Accept Consolidated Financial Statements  For       Did Not    Management
      and Statutory Reports                               Vote
3     Approve Allocation of Income and          For       Did Not    Management
      Dividends of EUR 1.10 per Share                     Vote
4     Approve Special Auditors' Report          For       Did Not    Management
      Regarding Related-Party Transactions                Vote
5     Authorize Repurchase of Up to Ten Percent For       Did Not    Management
      of Issued Share Capital                             Vote
6     Reelect Georges Chodron de Courcel as     For       Did Not    Management
      Supervisory Board Member                            Vote
7     Reelect Christian Marbach as Supervisory  For       Did Not    Management
      Board Member                                        Vote
8     Reelect Bernard Mirat as Supervisory      For       Did Not    Management
      Board Member                                        Vote
9     Acknowledge Resignation of Manfred        For       Did Not    Management
      Bischoff as Supervisory Board Member                Vote
10    Approve Stock Option Plans Grants         For       Did Not    Management
                                                          Vote
11    Authorize Filing of Required              For       Did Not    Management
      Documents/Other Formalities                         Vote


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

LEXMARK INTERNATIONAL, INC.

Ticker:       LXK            Security ID:  529771107
Meeting Date: APR 27, 2006   Meeting Type: Annual
Record Date:  MAR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael J. Maples          For       For        Management
1.2   Elect Director Stephen R. Hardis          For       For        Management
1.3   Elect Director William R. Fields          For       For        Management
1.4   Elect Director Robert Holland, Jr.        For       For        Management
2     Ratify Auditors                           For       For        Management


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

LINCARE HOLDINGS, INC.

Ticker:       LNCR           Security ID:  532791100
Meeting Date: MAY 15, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J.P. Byrnes                For       For        Management
1.2   Elect Director S.H. Altman, Ph.D.         For       For        Management
1.3   Elect Director C.B. Black                 For       For        Management
1.4   Elect Director F.D. Byrne, M.D.           For       For        Management
1.5   Elect Director W.F. Miller, III           For       For        Management


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

LOTTE CHILSUNG BEVERAGE CO

Ticker:                      Security ID:  Y5345R106
Meeting Date: MAR 24, 2006   Meeting Type: Annual
Record Date:  DEC 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 2250 Per Common Share
2     Elect Directors                           For       For        Management
3     Approve Limit on Remuneration of          For       For        Management
      Directors
4     Approve Limit on Remuneration of Auditors For       For        Management


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

LOTTE CONFECTIONERY CO

Ticker:                      Security ID:  Y53468107
Meeting Date: MAR 24, 2006   Meeting Type: Annual
Record Date:  DEC 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividend of KRW 2500 Per Share
2     Amend Articles of Incorporation to Expand For       For        Management
      Business Objectives and to Shorten Share
      Registry Cancellation Period
3     Elect Directors                           For       For        Management
4     Appoint Auditor                           For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors
6     Approve Limit on Remuneration of Auditor  For       For        Management


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

MARKEL CORP.

Ticker:       MKL            Security ID:  570535104
Meeting Date: MAY 22, 2006   Meeting Type: Annual
Record Date:  MAR 30, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director J. Alfred Broaddus, Jr.    For       For        Management
1.2   Elect Director Douglas C. Eby             For       For        Management
1.3   Elect Director Leslie A. Grandis          For       For        Management
1.4   Elect Director Stewart M. Kasen           For       For        Management
1.5   Elect Director Alan I. Kirshner           For       For        Management
1.6   Elect Director Anthony F. Markel          For       For        Management
1.7   Elect Director Steven A. Markel           For       For        Management
1.8   Elect Director Jay M. Weinberg            For       For        Management
2     Ratify Auditors                           For       For        Management


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

MARSH & MCLENNAN COMPANIES, INC.

Ticker:       MMC            Security ID:  571748102
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Leslie M. Baker, Jr.       For       For        Management
1.2   Elect Director Gwendolyn S. King          For       For        Management
1.3   Elect Director Marc D. Oken               For       For        Management
1.4   Elect Director David A. Olsen             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors
4     Report on Political Contributions         Against   Against    Shareholder


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

MOHAWK INDUSTRIES, INC.

Ticker:       MHK            Security ID:  608190104
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Bruce C. Bruckmann         For       For        Management
1.2   Elect Director Frans G. De Cock           For       For        Management
1.3   Elect Director Larry W. McCurdy           For       For        Management


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

NETFLIX. INC

Ticker:       NFLX           Security ID:  64110L106
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 21, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Richard Barton             For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Stock Option Plan                   For       For        Management


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

NONGSHIM HOLDINGS CO.

Ticker:                      Security ID:  Y6355X108
Meeting Date: MAR 28, 2006   Meeting Type: Annual
Record Date:  DEC 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividend of KRW 2000 Per Share
2     Amend Articles of Incorporation to        For       For        Management
      Shorten Share Registry Cancellation
      Period and to Approve Limit of
      Convertible Bond Issuance
3     Elect Directors                           For       For        Management
4     Appoint Auditor                           For       For        Management
5     Approve Limit on Remuneration of          For       For        Management
      Directors
6     Approve Limit on Remuneration of Auditor  For       For        Management


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

NTL INC    (Formerly Telewest)

Ticker:       NTLI           Security ID:  87956T107
Meeting Date: MAR 2, 2006    Meeting Type: Special
Record Date:  JAN 12, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Amend Articles to Reclassify Each Share   For       For        Management
      of Common Stock
2     Issue Shares in Connection with an        For       For        Management
      Acquisition


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

NTL INC

Ticker:       NTLI           Security ID:  62941W101
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:  APR 12, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Edwin M. Banks             For       For        Management
1.2   Elect Director Stephen A. Burch           For       For        Management
1.3   Elect Director Simon P. Duffy             For       For        Management
1.4   Elect Director Charles C. Gallagher       For       For        Management
2     Ratify Auditors                           For       For        Management
3     Adoption of Share Issuance Bonus Scheme   For       For        Management
4     Approve Omnibus Stock Plan                For       For        Management


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

NTL INCORPORATED

Ticker:                      Security ID:  62940M104
Meeting Date: MAR 2, 2006    Meeting Type: Special
Record Date:  JAN 12, 2006

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


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

OFFICE DEPOT, INC.

Ticker:       ODP            Security ID:  676220106
Meeting Date: MAY 12, 2006   Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Lee A. Ault, III           For       For        Management
1.2   Elect Director Neil R. Austrian           For       For        Management
1.3   Elect Director David W. Bernauer          For       For        Management
1.4   Elect Director Abelardo E. Bru            For       For        Management
1.5   Elect Director David I. Fuente            For       For        Management
1.6   Elect Director Brenda J. Gaines           For       For        Management
1.7   Elect Director Myra M. Hart               For       For        Management
1.8   Elect Director W. Scott Hedrick           For       For        Management
1.9   Elect Director Michael J. Myers           For       For        Management
1.10  Elect Director Steve Odland               For       For        Management
2     Ratify Auditors                           For       For        Management
3     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


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

PARGESA HOLDING SA

Ticker:                      Security ID:  H60477207
Meeting Date: MAY 3, 2006    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       Did Not    Management
      Reports                                             Vote
2     Approve Allocation of Income and          For       Did Not    Management
      Dividends of CHF 0.215 per Registered               Vote
      Share and CHF 2.15 per Bearer Share
3     Approve Discharge of Board and Senior     For       Did Not    Management
      Management                                          Vote
4     Ratify Ernst & Young SA as Auditors       For       Did Not    Management
                                                          Vote
5     Renew Existing CHF 253 Million Pool of    For       Did Not    Management
      Capital with Preemptive Rights for                  Vote
      Further Two Years
6     Transact Other Business                   For       Did Not    Management
                                                          Vote


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

POWER CORPORATION OF CANADA

Ticker:       POW            Security ID:  739239101
Meeting Date: MAY 11, 2006   Meeting Type: Annual/Special
Record Date:  MAR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect P Beaudoin, L Dassault, A           For       For        Management
      Desmarais, P Desmarais, P Desmarais Jr, P
      Fribourg, A Graham, R Gratton, D
      Mazankowski, J Nickerson, J Nininger, R
      Orr, R Parizeau, M Plessis-Belair, J Rae,
      A de Seze, and E Szathmary as Directors
2     Ratify Deloitte & Touche LLP as Auditors  For       For        Management
3     Submit Any Increase in Executive          Against   Against    Shareholder
      Compensation to a Shareholder Vote
4     Prepare a Report on Human Rights in China Against   Against    Shareholder
      and Tibet


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

ROBBINS & MYERS, INC.

Ticker:       RBN            Security ID:  770196103
Meeting Date: JAN 11, 2006   Meeting Type: Annual
Record Date:  NOV 21, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director David T. Gibbons           For       Did Not    Management
                                                          Vote
1.2   Elect Director William D. Manning         For       Did Not    Management
                                                          Vote
1.3   Elect Director Peter C. Wallace           For       Did Not    Management
                                                          Vote
2     Ratify Auditors                           For       Did Not    Management
                                                          Vote


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

SEALED AIR CORP.

Ticker:       SEE            Security ID:  81211K100
Meeting Date: MAY 12, 2006   Meeting Type: Annual
Record Date:  MAR 14, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Elect Director Hank Brown                 For       For        Management
2     Elect Director Michael Chu                For       For        Management
3     Elect Director Lawrence R. Codey          For       For        Management
4     Elect Director T. J. Dermot Dunphy        For       For        Management
5     Elect Director Charles F. Farrell, Jr.    For       For        Management
6     Elect Director William V. Hickey          For       For        Management
7     Elect Director Jacqueline B. Kosecoff     For       For        Management
8     Elect Director Kenneth P. Manning         For       For        Management
9     Elect Director William J. Marino          For       For        Management
10    Ratify Auditors                           For       For        Management


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

SEMPRA ENERGY

Ticker:       SRE            Security ID:  816851109
Meeting Date: MAY 4, 2006    Meeting Type: Annual
Record Date:  MAR 10, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James G. Brocksmith, Jr.   For       For        Management
1.2   Elect Director Donald E. Felsinger        For       For        Management
1.3   Elect Director William D. Jones           For       For        Management
1.4   Elect Director William G. Ouchi, Ph.D.    For       For        Management
2     Ratify Auditors                           For       For        Management
3     Declassify the Board of Directors         For       For        Management
4     Performance-Based and/or Time-Based       Against   For        Shareholder
      Equity Awards


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

SERVICEMASTER COMPANY, THE

Ticker:       SVM            Security ID:  81760N109
Meeting Date: MAY 5, 2006    Meeting Type: Annual
Record Date:  MAR 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Eileen A. Kamerick         For       For        Management
1.2   Elect Director J. Patrick Spainhour       For       For        Management
1.3   Elect Director David K. Wessner           For       For        Management
2     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         None      For        Shareholder
5     Report on Toxic Substances                Against   Against    Shareholder


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

SIGMA-ALDRICH CORP.

Ticker:       SIAL           Security ID:  826552101
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:  MAR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Nina V. Fedoroff           For       For        Management
1.2   Elect Director David R. Harvey            For       For        Management
1.3   Elect Director W. Lee McCollum            For       For        Management
1.4   Elect Director Jai P. Nagarkatti          For       For        Management
1.5   Elect Director Avi M. Nash                For       For        Management
1.6   Elect Director William C. O'Neil, Jr.     For       For        Management
1.7   Elect Director J. Pedro Reinhard          For       For        Management
1.8   Elect Director Timothy R.G. Sear          For       For        Management
1.9   Elect Director D. Dean Spatz              For       For        Management
1.10  Elect Director Barrett A. Toan            For       For        Management
2     Ratify Auditor                            For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


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

SK TELECOM

Ticker:       SKM            Security ID:  78440P108
Meeting Date: MAR 10, 2006   Meeting Type: Annual
Record Date:  DEC 30, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL OF THE BALANCE SHEETS, THE       For       For        Management
      STATEMENTS OF INCOME, AND STATEMENTS OF
      APPROPRIATIONS OF RETAINED EARNINGS OF
      THE 22ND FISCAL YEAR, AS SET FORTH IN
      ITEM 1 OF THE COMPANY S AGENDA ENCLOSED
      HEREWITH.
2     APPROVAL OF THE AMENDMENT TO THE ARTICLES For       For        Management
      OF INCORPORATION, AS SET FORTH IN ITEM 2
      OF THE COMPANY S AGENDA ENCLOSED
      HEREWITH.
3     APPROVAL OF THE CEILING AMOUNT OF THE     For       For        Management
      REMUNERATION OF DIRECTORS, AS SET FORTH
      IN THE COMPANY S AGENDA ENCLOSED
      HEREWITH.
4     APPROVAL OF THE APPOINTMENT OF            For       For        Management
      INDEPENDENT NON-EXECUTIVE DIRECTORS WHO
      WILL BE AUDIT COMMITTEE MEMBERS, AS SET
      FORTH IN ITEM 3 OF THE COMPANY S AGENDA
      ENCLOSED HEREWITH.


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

TAE YOUNG CORP

Ticker:                      Security ID:  Y8366E103
Meeting Date: MAR 17, 2006   Meeting Type: Annual
Record Date:  DEC 31, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appropriation of Income and       For       For        Management
      Dividends of KRW 1000 Per Common Share
2     Amend Articles of Incorporation to        For       For        Management
      Shorten Share Registry Cancellation
      Period
3     Elect Executive Director                  For       For        Management
4     Approve Limit on Remuneration of          For       For        Management
      Directors
5     Approve Limit on Remuneration of Auditors For       For        Management


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

TENARIS SA, LUXEMBOURG

Ticker:       TS             Security ID:  88031M109
Meeting Date: JUN 7, 2006    Meeting Type: Annual
Record Date:  APR 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     CONSIDERATION OF THE BOARD OF DIRECTORS   For       For        Management
      AND INDEPENDENT AUDITOR S REPORTS ON THE
      CONSOLIDATED FINANCIAL STATEMENTS.
2     CONSIDERATION OF THE BOARD OF DIRECTORS   For       For        Management
      AND INDEPENDENT AUDITOR S REPORTS ON THE
      UNCONSOLIDATED ANNUAL ACCOUNTS.
3     ALLOCATION OF RESULTS AND APPROVAL OF     For       For        Management
      DIVIDEND PAYMENT.
4     DISCHARGE TO THE MEMBERS OF THE BOARD OF  For       For        Management
      DIRECTORS.
5     ELECTION OF THE BOARD OF DIRECTORS        For       For        Management
      MEMBERS.
6     AUTHORIZATION TO THE BOARD OF DIRECTORS   For       For        Management
      TO DELEGATE THE DAY-TO-DAY MANAGEMENT OF
      THE COMPANY S BUSINESS AND THE POWER TO
      REPRESENT THE COMPANY AS  ADMINISTRATEUR
      DELEGUE  (CHIEF EXECUTIVE OFFICER) TO MR.
      PAOLO ROCCA.
7     AUTHORIZATION TO THE BOARD OF DIRECTORS   For       For        Management
      TO APPOINT ANY OR ALL OF ITS MEMBERS AS
      THE COMPANY S ATTORNEYS-IN-FACT.
8     AUTHORIZATION TO THE BOARD OF DIRECTORS   For       For        Management
      TO CAUSE THE DISTRIBUTION OF ALL
      SHAREHOLDER COMMUNICATIONS.
9     BOARD OF DIRECTORS  COMPENSATION.         For       For        Management
10    Ratify Auditors                           For       For        Management
11    AMENDMENT OF ARTICLE 11 OF THE ARTICLES   For       For        Management
      OF ASSOCIATION.


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

TRANSATLANTIC HOLDINGS, INC.

Ticker:       TRH            Security ID:  893521104
Meeting Date: MAY 25, 2006   Meeting Type: Annual
Record Date:  MAR 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director James Balog                For       For        Management
1.2   Elect Director Steven J. Bensinger        For       For        Management
1.3   Elect Director C. Fred Bergsten           For       For        Management
1.4   Elect Director John J. Mackowski          For       For        Management
1.5   Elect Director Diana K. Mayer             For       For        Management
1.6   Elect Director Robert F. Orlich           For       For        Management
1.7   Elect Director Martin J. Sullivan         For       For        Management
1.8   Elect Director Thomas R. Tizzio           For       For        Management
2     Amend Stock Option Plan                   For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management
4     Ratify Auditors                           For       For        Management


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

TRANSOCEAN INC.

Ticker:       RIG            Security ID:  G90078109
Meeting Date: MAY 11, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Victor E. Grijalva        For       For        Management
1.2   Elect  Director Arthur Lindenauer         For       For        Management
1.3   Elect  Director Kristian Siem             For       For        Management
2     APPROVAL OF THE APPOINTMENT OF ERNST &    For       For        Management
      YOUNG LLP TO SERVE AS OUR INDEPENDENT
      REGISTERED PUBLIC ACCOUNTING FIRM FOR
      2006.


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

TYCO INTERNATIONAL LTD.

Ticker:       TYC            Security ID:  902124106
Meeting Date: MAR 9, 2006    Meeting Type: Annual
Record Date:  JAN 9, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     SET THE MAXIMUM NUMBER OF DIRECTORS AT 12 For       For        Management
2.1   Elect  Director Dennis C. Blair           For       For        Management
2.2   Elect  Director Edward D. Breen           For       For        Management
2.3   Elect  Director Brian Duperreault         For       For        Management
2.4   Elect  Director Bruce S. Gordon           For       For        Management
2.5   Elect  Director Rajiv L. Gupta            For       For        Management
2.6   Elect  Director John A. Krol              For       For        Management
2.7   Elect  Director Mackey J. Mcdonald        For       For        Management
2.8   Elect  Director H. Carl Mccall            For       For        Management
2.9   Elect  Director Brendan R. O'Neill        For       For        Management
2.10  Elect  Director Sandra S. Wijnberg        For       For        Management
2.11  Elect  Director Jerome B. York            For       For        Management
3     AUTHORIZATION FOR THE BOARD OF DIRECTORS  For       For        Management
      TO APPOINT AN ADDITIONAL DIRECTOR TO FILL
      THE VACANCY PROPOSED TO BE CREATED ON THE
      BOARD
4     Ratify Auditors                           For       For        Management


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

WPP GROUP PLC

Ticker:                      Security ID:  G9787H105
Meeting Date: JUN 27, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 6.34 Pence Per  For       For        Management
      Ordinary Share
3     Elect Colin Day as Director               For       For        Management
4     Re-elect Philip Lader as Director         For       For        Management
5     Re-elect Esther Dyson as Director         For       For        Management
6     Re-elect Orit Gadiesh as Director         For       For        Management
7     Re-elect David Komansky as Director       For       For        Management
8     Re-elect Christopher Mackenzie as         For       For        Management
      Director
9     Re-elect Stanley Morten as Director       For       For        Management
10    Re-elect Koichiro Naganuma as Director    For       For        Management
11    Re-elect Lubna Olayan as Director         For       For        Management
12    Re-elect John Quelch as Director          For       For        Management
13    Re-elect Jeffrey Rosen as Director        For       For        Management
14    Re-elect Paul Spencer as Director         For       For        Management
15    Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
16    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 48,704,061.37
17    Authorise 125,022,397 Ordinary Shares for For       For        Management
      Market Purchase
18    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 6,251,119.84
19    Approve Remuneration Report               For       For        Management


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

WPP GROUP PLC

Ticker:                      Security ID:  G97974102
Meeting Date: SEP 26, 2005   Meeting Type: S
Record Date:  AUG 12, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve restructuring/recapitalization    For       For        Management
2     Approve stock option plan                 For       For        Management
3     Approve executive profit sharing/bonus    For       For        Management
      plan
4     Approve executive profit sharing/bonus    For       For        Management
      plan
5     Amend executive profit sharing/bonus plan For       For        Management


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

WPP GROUP PLC

Ticker:                      Security ID:  G97974102
Meeting Date: SEP 26, 2005   Meeting Type: U
Record Date:  SEP 5, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve restructuring/recapitalization    For       For        Management


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

ZIMMER HOLDINGS INC

Ticker:       ZMH            Security ID:  98956P102
Meeting Date: MAY 1, 2006    Meeting Type: Annual
Record Date:  MAR 8, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stuart M. Essig            For       For        Management
1.2   Elect Director Augustus A. White, III,    For       For        Management
      M.D., Ph.D.
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Declassify the Board of Directors         Against   For        Shareholder




============================ DAVIS REAL ESTATE FUND ============================


ALEXANDER & BALDWIN, INC.

Ticker:       ALEX           Security ID:  014482103
Meeting Date: APR 27, 2006   Meeting Type: Annual
Record Date:  FEB 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director M.J. Chun                  For       For        Management
1.2   Elect Director W.A. Doane                 For       For        Management
1.3   Elect Director W.A. Dods, Jr.             For       For        Management
1.4   Elect Director C.G. King                  For       For        Management
1.5   Elect Director C.H. Lau                   For       For        Management
1.6   Elect Director D.M. Pasquale              For       For        Management
1.7   Elect Director M.G. Shaw                  For       For        Management
1.8   Elect Director J.N. Watanabe              For       For        Management
2     Ratify Auditors                           For       For        Management


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

ALEXANDRIA REAL ESTATE EQUITIES, INC.

Ticker:       ARE            Security ID:  015271109
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Jerry M. Sudarsky          For       For        Management
1.2   Elect Director Joel S. Marcus             For       For        Management
1.3   Elect Director James H. Richardson        For       For        Management
1.4   Elect Director Richard B. Jennings        For       For        Management
1.5   Elect Director Richard H. Klein           For       For        Management
1.6   Elect Director Martin A. Simonetti        For       For        Management
1.7   Elect Director Alan G. Walton             For       For        Management
1.8   Elect Director Richmond A. Wolf           For       For        Management
2     Ratify Auditors                           For       For        Management


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

AMB PROPERTY CORP.

Ticker:       AMB            Security ID:  00163T109
Meeting Date: MAY 11, 2006   Meeting Type: Annual
Record Date:  MAR 7, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Hamid R. Moghadam          For       For        Management
1.2   Elect Director W. Blake Baird             For       For        Management
1.3   Elect Director Afsaneh M. Beschloss       For       For        Management
1.4   Elect Director T. Robert Burke            For       For        Management
1.5   Elect Director David A. Cole              For       For        Management
1.6   Elect Director Lydia H. Kennard           For       For        Management
1.7   Elect Director J. Michael Losh            For       For        Management
1.8   Elect Director Frederick W. Reid          For       For        Management
1.9   Elect Director Jeffrey L. Skelton         For       For        Management
1.10  Elect Director Thomas W. Tusher           For       For        Management
2     Ratify Auditors                           For       For        Management


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

AMERICAN CAMPUS COMMUNITIES, INC.

Ticker:       ACC            Security ID:  024835100
Meeting Date: MAY 11, 2006   Meeting Type: Annual
Record Date:  MAR 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William C. Bayless, Jr.    For       For        Management
1.2   Elect Director R.D. Burck                 For       For        Management
1.3   Elect Director G. Steven Dawson           For       For        Management
1.4   Elect Director Cydney Donnell             For       For        Management
1.5   Elect Director Michael J. Henneman        For       For        Management
1.6   Elect Director Edward Lowenthal           For       For        Management
1.7   Elect Director Brian B. Nickel            For       For        Management
1.8   Elect Director Scott H. Rechler           For       For        Management
1.9   Elect Director Winston W. Walker          For       For        Management
2     Ratify Auditors                           For       For        Management


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

BOSTON PROPERTIES INC.

Ticker:       BXP            Security ID:  101121101
Meeting Date: MAY 3, 2006    Meeting Type: Annual
Record Date:  MAR 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director William M. Daley           For       For        Management
1.2   Elect Director Edward H. Linde            For       For        Management
1.3   Elect Director David A. Twardock          For       For        Management
2     Declassify the Board of Directors         Against   Against    Shareholder
3     Performance-Based                         Against   Against    Shareholder


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

BRANDYWINE REALTY TRUST

Ticker:       BDN            Security ID:  105368203
Meeting Date: DEC 21, 2005   Meeting Type: S
Record Date:  NOV 15, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve merger/acquisition                For       For        Management


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

BRIXTON PLC (FORMERLY BRIXTON ESTATE PLC)

Ticker:                      Security ID:  G15932109
Meeting Date: MAY 10, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Reappoint Ernst & Young LLP as Auditors   For       For        Management
      and Authorise the Board to Determine
      Their Remuneration
4     Approve Final Dividend of 7.65 Pence Per  For       For        Management
      Ordinary Share
5     Re-elect Nicholas Fry as Director         For       For        Management
6     Re-elect David Scotland as Director       For       For        Management
7     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 12,619,706
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,364,014
9     Authorise 26,912,117 Ordinary Shares for  For       For        Management
      Market Purchase
10    Approve Brixton plc Share Matching Plan   For       For        Management
      2006
11    Amend Brixton plc 2002 Long-Term          For       For        Management
      Incentive Plan


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

CAPITAL & REGIONAL PLC (FRM. CAPITAL & REGIONAL PROP)

Ticker:                      Security ID:  G18676109
Meeting Date: JUN 5, 2006    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 11 Pence Per    For       For        Management
      Ordinary Share
3     Re-elect William Sunnucks as Director     For       For        Management
4     Re-elect Pierre-Yves Gerbeau as Director  For       For        Management
5     Re-elect Hans Mautner as Director         For       For        Management
6     Re-elect Paul Stobart as Director         For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Approve Remuneration Report               For       For        Management
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 2,366,682
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Value Equal to Five Percent of
      the Issued Ordinary Share Capital
11    Authorise 7,100,047 Ordinary Shares for   For       For        Management
      Market Purchase


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

COLUMBIA EQUITY TRUST INC

Ticker:       COE            Security ID:  197627102
Meeting Date: MAY 12, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect  Director Oliver T. Carr, III       For       For        Management
1.2   Elect  Director Bruce M. Johnson          For       For        Management
1.3   Elect  Director Robert J. Mcgovern        For       For        Management
1.4   Elect  Director Rebecca L. Owen           For       For        Management
1.5   Elect  Director John A. Schissel          For       For        Management
1.6   Elect  Director Hal A. Vasvari            For       For        Management
1.7   Elect  Director Thomas A. Young, Jr.      For       For        Management


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

CORPORATE OFFICE PROPERTIES TRUST, INC.

Ticker:       OFC            Security ID:  22002T108
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:  MAR 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas F. Brady            For       For        Management
1.2   Elect Director Steven D. Kesler           For       For        Management
1.3   Elect Director Kenneth D. Wethe           For       For        Management


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

COUSINS PROPERTIES INC.

Ticker:       CUZ            Security ID:  222795106
Meeting Date: MAY 9, 2006    Meeting Type: Annual
Record Date:  MAR 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas D. Bell, Jr.        For       For        Management
1.2   Elect Director Erskine B. Bowles          For       For        Management
1.3   Elect Director Richard W. Courts, II      For       For        Management
1.4   Elect Director Thomas G. Cousins          For       For        Management
1.5   Elect Director Lillian C. Giornelli       For       For        Management
1.6   Elect Director S. Taylor Glover           For       For        Management
1.7   Elect Director James H. Hance, Jr.        For       For        Management
1.8   Elect Director William B. Harrison, Jr.   For       For        Management
1.9   Elect Director Boone A. Knox              For       For        Management
1.10  Elect Director William Porter Payne       For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

DERWENT VALLEY HOLDINGS PLC

Ticker:                      Security ID:  G27300105
Meeting Date: MAY 23, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 9.725 Pence Per For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Re-elect John Ivey as Director            For       For        Management
5     Re-elect John Burns as Director           For       For        Management
6     Re-elect Robert Farns as Director         For       For        Management
7     Reappoint BDO Stoy Hayward LLP as         For       For        Management
      Auditors and Authorise the Board to
      Determine Their Remuneration
8     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 891,208.20
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 133,681.20
10    Authorise 5,347,249 Ordinary Shares for   For       For        Management
      Market Purchase


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

DEVELOPERS DIVERSIFIED REALTY CORP.

Ticker:       DDR            Security ID:  251591103
Meeting Date: MAY 9, 2006    Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Dean S. Adler              For       For        Management
1.2   Elect Director Terrance R. Ahern          For       For        Management
1.3   Elect Director Mohsen Anvari              For       For        Management
1.4   Elect Director Robert H. Gidel            For       For        Management
1.5   Elect Director Victor B. MacFarlane       For       For        Management
1.6   Elect Director Craig Macnab               For       For        Management
1.7   Elect Director Scott D. Roulston          For       For        Management
1.8   Elect Director Barry A. Sholem            For       For        Management
1.9   Elect Director William B. Summers, Jr.    For       For        Management
1.10  Elect Director Scott A. Wolstein          For       For        Management
2     Ratify Auditors                           For       For        Management


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

DUKE REALTY CORPORATION

Ticker:       DRE            Security ID:  264411505
Meeting Date: APR 26, 2006   Meeting Type: Annual
Record Date:  FEB 27, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Barrington H. Branch       For       For        Management
1.2   Elect Director Geoffrey Button            For       For        Management
1.3   Elect Director William Cavanaugh III      For       For        Management
1.4   Elect Director Ngaire E. Cuneo            For       For        Management
1.5   Elect Director Charles R. Eitel           For       For        Management
1.6   Elect Director R. Glenn Hubbard           For       For        Management
1.7   Elect Director Martin C. Jischke          For       For        Management
1.8   Elect Director L. Ben Lytle               For       For        Management
1.9   Elect Director William O. Mccoy           For       For        Management
1.10  Elect Director Dennis D. Oklak            For       For        Management
1.11  Elect Director Jack R. Shaw               For       For        Management
1.12  Elect Director Robert J. Woodward, Jr.    For       For        Management
2     Ratify Auditors                           For       For        Management


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

ESSEX PROPERTY TRUST, INC.

Ticker:       ESS            Security ID:  297178105
Meeting Date: MAY 9, 2006    Meeting Type: Annual
Record Date:  FEB 28, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director George M. Marcus           For       For        Management
1.2   Elect Director Gary P. Martin             For       For        Management
1.3   Elect Director William A. Millichap       For       For        Management
2     Ratify Auditors                           For       For        Management


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

FLORIDA EAST COAST INDUSTRIES, INC.

Ticker:       FLA            Security ID:  340632108
Meeting Date: JUN 1, 2006    Meeting Type: Annual
Record Date:  APR 24, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Armando Codina             For       For        Management
1.2   Elect Director David M. Foster            For       For        Management
1.3   Elect Director Adolfo Henriques           For       For        Management
1.4   Elect Director James E. Jordan            For       For        Management
1.5   Elect Director Gilbert H. Lamphere        For       For        Management
1.6   Elect Director Joseph Nemec               For       For        Management
1.7   Elect Director Jorge Perez                For       For        Management
1.8   Elect Director Wellford L. Sanders, Jr.   For       For        Management
1.9   Elect Director Rosa Sugranes              For       For        Management
1.10  Elect Director George R. Zoffinger        For       For        Management
2     Ratify Auditors                           For       For        Management


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

FOREST CITY ENTERPRISES, INC.

Ticker:       FCE.A          Security ID:  345550107
Meeting Date: JUN 15, 2006   Meeting Type: Annual
Record Date:  APR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael P. Esposito, Jr.   For       For        Management
1.2   Elect Director Joan K. Shafran            For       For        Management
1.3   Elect Director Louis Stokes               For       For        Management
1.4   Elect Director Stan Ross                  For       For        Management
1.5   Elect Director Albert Ratner              For       For        Management
1.6   Elect Director Samuel H. Miller           For       For        Management
1.7   Elect Director Charles Ratner             For       For        Management
1.8   Elect Director James A. Ratner            For       For        Management
1.9   Elect Director Jerry V. Jarrett           For       For        Management
1.10  Elect Director Ronald A. Ratner           For       For        Management
1.11  Elect Director Scott Cowen                For       For        Management
1.12  Elect Director Brian J. Ratner            For       For        Management
1.13  Elect Director Deborah R. Salzberg        For       For        Management
2     Increase Authorized Common Stock          For       For        Management
3     Increase Authorized Common Stock          For       For        Management
4     Company Specific-Eliminate Class Voting   For       For        Management
      Rights
5     Eliminate Reference to Common Stock       For       For        Management
      Preference Dividend
6     Increase Authorized Preferred Stock       For       For        Management
7     Authorize Board to Set Terms of Preferred For       For        Management
8     Modernization of the Existing Regulations For       For        Management
      in light of changes to the Ohio General
      Corporation Law
9     Company Specific--Establishment of the    For       For        Management
      size of the Board of Directors by
      shareholders
10    Amend Nomination Procedures for the Board For       For        Management
11    Amend Articles/Bylaws/Charter-Non-Routine For       For        Management
12    Amend Director and Officer                For       For        Management
      Indemnification/Liability Provisions
13    Company Specific-Issuance of              For       For        Management
      Uncertificated Shares
14    Ratify Auditors                           For       For        Management


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

GENERAL GROWTH PROPERTIES, INC.

Ticker:       GGP            Security ID:  370021107
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:  APR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Adam Metz                  For       For        Management
1.2   Elect Director Robert Michaels            For       For        Management
1.3   Elect Director Thomas Nolan               For       For        Management
1.4   Elect Director John Riordan               For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


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

GRAMERCY CAPITAL CORP

Ticker:       GKK            Security ID:  384871109
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Stephen L. Green           For       For        Management
1.2   Elect Director Allan J. Baum              For       For        Management
2     Ratify Auditors                           For       For        Management


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

HAMMERSON PLC

Ticker:                      Security ID:  G4273Q107
Meeting Date: MAY 4, 2006    Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Remuneration Report               For       For        Management
3     Approve Final Dividend of 13.91 Pence Per For       For        Management
      Ordinary Share
4     Re-elect Peter Cole as Director           For       For        Management
5     Elect Tony Watson as Director             For       For        Management
6     Elect John Nelson as Director             For       For        Management
7     Reappoint Deloitte & Touche LLP as        For       For        Management
      Auditors of the Company
8     Authorise Board to Fix Remuneration of    For       For        Management
      Auditors
9     Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 23,502,115
10    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 3,562,394
11    Authorise 42,463,740 Ordinary Shares for  For       For        Management
      Market Purchase
12    Approve the 2006 Share Award Scheme for   For       For        Management
      French Employees


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

KILROY REALTY CORP.

Ticker:       KRC            Security ID:  49427F108
Meeting Date: MAY 18, 2006   Meeting Type: Annual
Record Date:  MAR 3, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John B. Kilroy, Jr.        For       For        Management
1.2   Elect Director Dale F. Kinsella           For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management


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

KIMCO REALTY CORP.

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

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


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

LIBERTY INTERNATIONAL PLC (FORMERLY TRANSATLANTIC HOLDI

Ticker:                      Security ID:  G8995Y108
Meeting Date: MAR 31, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 15.25 Pence Per For       For        Management
      Ordinary Share
3     Re-elect David Fischel as Director        For       For        Management
4     Re-elect John Saggers as Director         For       For        Management
5     Re-elect Robin Buchanan as Director       For       For        Management
6     Re-elect Graeme Gordon as Director        For       For        Management
7     Re-elect Michael Rapp as Director         For       For        Management
8     Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors and Authorise the Audit
      Committee to Determine Their Remuneration
9     Approve Remuneration Report               For       For        Management
10    Authorise 33,777,267 Ordinary Shares for  For       For        Management
      Market Purchase
11    Amend Articles of Association and         For       For        Management
      Memorandum Re: Indemnification
12    Approve Increase in Remuneration of       For       For        Management
      Non-Executive Directors to GBP 750,000


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

MACERICH CO., THE

Ticker:       MAC            Security ID:  554382101
Meeting Date: JUN 1, 2006    Meeting Type: Annual
Record Date:  MAR 14, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Arthur M. Coppola          For       For        Management
1.2   Elect Director James S. Cownie            For       For        Management
1.3   Elect Director Mace Siegel                For       For        Management
2     Ratify Auditors                           For       For        Management
3     Performance-Based and/or Time Based       Against   Against    Shareholder
      Equity Awards


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

PAN PACIFIC RETAIL PROPERTIES, INC.

Ticker:       PNP            Security ID:  69806L104
Meeting Date: APR 28, 2006   Meeting Type: Annual
Record Date:  FEB 16, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Joseph P. Colmery          For       For        Management
1.2   Elect Director Bernard M. Feldman         For       For        Management
1.3   Elect Director Mark J. Riedy              For       For        Management
1.4   Elect Director Stuart A. Tanz             For       For        Management


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

PENNSYLVANIA REAL ESTATE INVESTMENT TRUST

Ticker:       PEI            Security ID:  709102107
Meeting Date: JUN 1, 2006    Meeting Type: Annual
Record Date:  APR 7, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Trustee Stephen B. Cohen            For       For        Management
1.2   Elect Trustee Joseph F. Coradino          For       For        Management
1.3   Elect Trustee M. Walter D'Alessio         For       For        Management
1.4   Elect Trustee Leonard I. Korman           For       For        Management
1.5   Elect Trustee Donald F. Mazziotti         For       For        Management
1.6   Elect Trustee Ronald Rubin                For       For        Management
2     Ratify Auditors                           For       For        Management


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

PROLOGIS

Ticker:       PLD            Security ID:  743410102
Meeting Date: MAY 26, 2006   Meeting Type: Annual
Record Date:  MAR 16, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director K. Dane Brooksher          For       For        Management
1.2   Elect Director Stephen L. Feinberg        For       For        Management
1.3   Elect Director George L. Fotiades         For       For        Management
1.4   Elect Director Christine N. Garvey        For       For        Management
1.5   Elect Director Donald P. Jacobs           For       For        Management
1.6   Elect Director Walter C. Rakowich         For       For        Management
1.7   Elect Director Nelson C. Rising           For       For        Management
1.8   Elect Director Jeffrey H. Schwartz        For       For        Management
1.9   Elect Director D. Michael Steuert         For       For        Management
1.10  Elect Director J. Andre Teixeira          For       For        Management
1.11  Elect Director William D. Zollars         For       For        Management
1.12  Elect Director Andrea M. Zulberti         For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Ratify Auditors                           For       For        Management
4     Other Business                            For       For        Management


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

PROLOGIS

Ticker:       PLD            Security ID:  743410102
Meeting Date: SEP 14, 2005   Meeting Type: S
Record Date:  AUG 8, 2005

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve merger/acquisition                For       For        Management


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

REGENCY CENTERS CORP.

Ticker:       REG            Security ID:  758849103
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:  MAR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Martin E. Stein, Jr.       For       For        Management
1.2   Elect Director Raymond L. Bank            For       For        Management
1.3   Elect Director C. Ronald Blankenship      For       For        Management
1.4   Elect Director A.R. Carpenter             For       For        Management
1.5   Elect Director J. Dix Druce               For       For        Management
1.6   Elect Director Mary Lou Fiala             For       For        Management
1.7   Elect Director Bruce M. Johnson           For       For        Management
1.8   Elect Director Douglas S. Luke            For       For        Management
1.9   Elect Director John C. Schweitzer         For       For        Management
1.10  Elect Director Thomas G. Wattles          For       For        Management
1.11  Elect Director Terry N. Worrell           For       For        Management
2     Ratify Auditors                           For       For        Management


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

SIMON PROPERTY GROUP, INC.

Ticker:       SPG            Security ID:  828806109
Meeting Date: MAY 11, 2006   Meeting Type: Annual
Record Date:  MAR 9, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Birch Bayh                 For       For        Management
1.2   Elect Director Melvyn E. Bergstein        For       For        Management
1.3   Elect Director Linda Walker Bynoe         For       For        Management
1.4   Elect Director Karen N. Horn, Ph.D.       For       For        Management
1.5   Elect Director Reuben S. Leibowitz        For       For        Management
1.6   Elect Director J. Albert Smith, Jr.       For       For        Management
1.7   Elect Director Pieter S. van den Berg     For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management
4     Require a Majority Vote for the Election  Against   Against    Shareholder
      of Directors


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

SL GREEN REALTY CORP.

Ticker:       SLG            Security ID:  78440X101
Meeting Date: MAY 17, 2006   Meeting Type: Annual
Record Date:  MAR 15, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director John H. Alschuler, Jr.     For       For        Management
1.2   Elect Director Stephen L. Green           For       For        Management
2     Ratify Auditors                           For       For        Management


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

SLOUGH ESTATES PLC

Ticker:                      Security ID:  G81821103
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Accept Financial Statements and Statutory For       For        Management
      Reports
2     Approve Final Dividend of 11 Pence Per    For       For        Management
      Ordinary Share
3     Approve Remuneration Report               For       For        Management
4     Elect Thom Wernink as Director            For       For        Management
5     Elect David Sleath as Director            For       For        Management
6     Re-elect Ian Coull as Director            For       For        Management
7     Re-elect John Heawood as Director         For       For        Management
8     Re-elect Lord Blackwell as Director       For       For        Management
9     Re-elect Paul Orchard-Lisle as Director   For       For        Management
10    Reappoint PricewaterhouseCoopers LLP as   For       For        Management
      Auditors of the Company
11    Authorise Board to Fix Remuneration of    For       For        Management
      Auditors
12    Authorise the Company to Make EU          For       For        Management
      Political Organisation Donations up to
      GBP 20,000 and Incur EU Political
      Expenditure up to GBP 20,000
13    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities with Pre-emptive
      Rights up to Aggregate Nominal Amount of
      GBP 35,252,267
14    Authorise Issue of Equity or              For       For        Management
      Equity-Linked Securities without
      Pre-emptive Rights up to Aggregate
      Nominal Amount of GBP 5,287,840
15    Authorise 10 Percent of the Issued        For       For        Management
      Ordinary Shares for Market Purchase


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

SPIRIT FINANCE CORPORATON

Ticker:       SFC            Security ID:  848568309
Meeting Date: MAY 19, 2006   Meeting Type: Annual
Record Date:  MAR 7, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Morton H. Fleischer        For       For        Management
1.2   Elect Director Christopher H. Volk        For       For        Management
1.3   Elect Director Willie R. Barnes           For       For        Management
1.4   Elect Director Linda J. Blessing          For       For        Management
1.5   Elect Director Dennis E. Mitchem          For       For        Management
1.6   Elect Director Paul F. Oreffice           For       For        Management
1.7   Elect Director James R. Parish            For       For        Management
1.8   Elect Director Kenneth B. Roath           For       For        Management
1.9   Elect Director Casey J. Sylla             For       For        Management
1.10  Elect Director Shelby Yastrow             For       For        Management
2     Ratify Auditors                           For       For        Management


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

ST. JOE COMPANY, THE

Ticker:       JOE            Security ID:  790148100
Meeting Date: MAY 16, 2006   Meeting Type: Annual
Record Date:  MAR 31, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Michael L. Ainslie         For       For        Management
1.2   Elect Director Hugh M. Durden             For       For        Management
1.3   Elect Director Thomas A. Fanning          For       For        Management
1.4   Elect Director Harry H. Frampton, III     For       For        Management
1.5   Elect Director Adam W. Herbert, Jr.       For       For        Management
1.6   Elect Director Delores M. Kesler          For       For        Management
1.7   Elect Director John S. Lord               For       For        Management
1.8   Elect Director Walter L. Revell           For       For        Management
1.9   Elect Director Peter S. Rummell           For       For        Management
1.10  Elect Director William H. Walton, III     For       For        Management
2     Approve/Amend Executive Incentive Bonus   For       For        Management
      Plan
3     Ratify Auditors                           For       For        Management


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

UNITED DOMINION REALTY TRUST, INC.

Ticker:       UDR            Security ID:  910197102
Meeting Date: MAY 2, 2006    Meeting Type: Annual
Record Date:  MAR 17, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Katherine A. Cattanach     For       For        Management
1.2   Elect Director Eric J. Foss               For       For        Management
1.3   Elect Director Robert P. Freeman          For       For        Management
1.4   Elect Director Jon A. Grove               For       For        Management
1.5   Elect Director James D. Klingbeil         For       For        Management
1.6   Elect Director Robert C. Larson           For       For        Management
1.7   Elect Director Thomas R. Oliver           For       For        Management
1.8   Elect Director Lynne B. Sagalyn           For       For        Management
1.9   Elect Director Mark J. Sandler            For       For        Management
1.10  Elect Director Thomas W. Toomey           For       For        Management
1.11  Elect Director Thomas C. Wajnert          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


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

VENTAS, INC.

Ticker:       VTR            Security ID:  92276F100
Meeting Date: MAY 19, 2006   Meeting Type: Annual
Record Date:  MAR 20, 2006

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Debra A. Cafaro            For       For        Management
1.2   Elect Director Douglas Crocker, II        For       For        Management
1.3   Elect Director Jay M. Gellert             For       For        Management
1.4   Elect Director Ronald G. Geary            For       For        Management
1.5   Elect Director Christopher T. Hannon      For       For        Management
1.6   Elect Director Sheli Z. Rosenberg         For       For        Management
1.7   Elect Director Thomas C. Theobald         For       For        Management
2     Ratify Auditors                           For       For        Management
3     Approve Omnibus Stock Plan                For       For        Management
4     Approve Non-Employee Director Omnibus     For       For        Management
      Stock Plan


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

VORNADO REALTY TRUST

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

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

=================================== DAVIS GOVERNMENT BOND FUND =================

The Fund held no securities entitled to vote at a meeting of
shareholders during the reported period.


=============================== DAVIS GOVERNMENT MONEY MARKET FUND =============

The Fund held no securities entitled to vote at a meeting of
shareholders during the reported period.

========== END NPX REPORT