Edgar Filing: GENERAL AMERICAN INVESTORS CO INC

gamnpx2012.htm - Generated by SEC Publisher for SEC Filing

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 811-41

General American Investors Company, Inc.

(Exact name of registrant as specified in charter)

100 Park Avenue New York, NY 10017

(Address of principal executive offices) (Zip code)

Eugene S. Stark Vice-President, Administration General American Investors Company, Inc.

100 Park Avenue New York, NY 10017 (Name and address of agent for service)

Registrant’s telephone number, including area code: 212-916-8400

Date of fiscal year end: December 31

Date of reporting period: July 1, 2011 — June 30, 2012

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant’s proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Proxy Voting Record


Meeting Date Range: 01-Jul-2011 To 30-Jun-2012
All Accounts
CEPHALON, INC.
Security:		156708109				Meeting Type:	Special
Ticker:		CEPH				Meeting Date:	14-Jul-2011
ISIN		US1567081096				Vote Deadline Date:	13-Jul-2011
Agenda		933482072	Management			Total Ballot Shares:	122600
Last Vote Date:		21-Jun-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	PROPOSAL TO ADOPT THE AGREEMENT AND PLAN			For	122600	0	0	0
	OF MERGER BY AND AMONG CEPHALON, INC., TEVA
	PHARMACEUTICAL INDUSTRIES LTD. AND COPPER
	ACQUISITION CORP. AS IT MAY BE AMENDED FROM
	TIME TO TIME.
2	PROPOSAL TO ADJOURN THE SPECIAL MEETING TO A			For	122600	0	0	0
	LATER DATE TO SOLICIT ADDITIONAL PROXIES IF
	THERE ARE INSUFFICIENT VOTES TO APPROVE
	PROPOSAL NUMBER 1 AT THE TIME OF THE SPECIAL
	MEETING.
3	NON-BINDING PROPOSAL TO APPROVE CERTAIN			For	122600	0	0	0
	COMPENSATION ARRANGEMENTS FOR CEPHALON,
	INC.'S NAMED EXECUTIVE OFFICERS IN CONNECTION
	WITH THE MERGER CONTEMPLATED IN THE
	AGREEMENT AND PLAN OF MERGER BY AND AMONG
	CEPHALON, INC., TEVA PHARMACEUTICAL
	INDUSTRIES LTD. AND COPPER ACQUISITION CORP.
	AS IT MAY BE AMENDED FROM TIME TO TIME.

Page 1 of 64

Proxy Voting Record


DELL INC.
Security:		24702R101				Meeting Type:	Annual
Ticker:		DELL				Meeting Date:	15-Jul-2011
ISIN		US24702R1014				Vote Deadline Date:	14-Jul-2011
Agenda		933470700	Management			Total Ballot Shares:	1015000
Last Vote Date:		12-Jul-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	JAMES W. BREYER			1015000	0	0	0
	2	DONALD J. CARTY			1015000	0	0	0
	3	MICHAEL S. DELL			1015000	0	0	0
	4	WILLIAM H. GRAY, III			1015000	0	0	0
	5	GERARD J. KLEISTERLEE			1015000	0	0	0
	6	THOMAS W. LUCE, III			1015000	0	0	0
	7	KLAUS S. LUFT			1015000	0	0	0
	8	ALEX J. MANDL			1015000	0	0	0
	9	SHANTANU NARAYEN			1015000	0	0	0
	10	H. ROSS PEROT, JR.			1015000	0	0	0
2	RATIFICATION OF SELECTION OF			For	1015000	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS DELL'S
	INDEPENDENT AUDITOR FOR FISCAL 2012
3	APPROVAL, ON AN ADVISORY BASIS, OF DELL'S			For	1015000	0	0	0
	COMPENSATION OF ITS NAMED EXECUTIVE
	OFFICERS AS DISCLOSED IN THE PROXY STATEMENT
Item	Proposal			Recommendation	1 Year	2 Years	3 Years	Abstain	Take No
4	ADVISORY VOTE ON WHETHER FUTURE ADVISORY			1 Year	1015000	0	0	0	0
	VOTES ON NAMED EXECUTIVE OFFICER
	COMPENSATION SHOULD OCCUR EVERY 1 YEAR,
	EVERY 2 YEARS OR EVERY 3 YEARS
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
5	INDEPENDENT CHAIRMAN			Against	1015000	0	0	0
6	STOCKHOLDER ACTION BY WRITTEN CONSENT			Against	0	0	1015000	0
7	DECLARATION OF DIVIDENDS			Against	1015000	0	0	0

Page 2 of 64

Proxy Voting Record


PONIARD PHARMACEUTICALS, INC.
Security:		732449301				Meeting Type:	Annual
Ticker:		PARD				Meeting Date:	22-Jul-2011
ISIN		US7324493011				Vote Deadline Date:	21-Jul-2011
Agenda		933437243	Management			Total Ballot Shares:	195344
Last Vote Date:		26-May-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	GERALD MCMAHON			195344	0	0	0
	2	ROBERT S. BASSO			195344	0	0	0
	3	FRED B. CRAVES			195344	0	0	0
	4	E. ROLLAND DICKSON			195344	0	0	0
	5	CARL S. GOLDFISCHER			195344	0	0	0
	6	ROBERT M. LITTAUER			195344	0	0	0
	7	RONALD A. MARTELL			195344	0	0	0
	8	NICHOLAS J. SIMON III			195344	0	0	0
	9	DAVID R. STEVENS			195344	0	0	0
	10	GARY A. LYONS			195344	0	0	0
2	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST			For	195344	0	0	0
	& YOUNG LLP AS THE COMPANY'S INDEPENDENT
	REGISTERED PUBLIC ACCOUNTING FIRM FOR 2011.
3	PROPOSAL TO APPROVE THE AMENDMENT OF THE			For	195344	0	0	0
	COMPANY'S AMENDED AND RESTATED ARTICLES OF
	INCORPORATION TO EFFECT A REVERSE STOCK
	SPLIT OF THE COMPANY'S OUTSTANDING COMMON
	STOCK AT AN EXCHANGE RATIO BETWEEN 1-FOR-15
	AND 1-FOR-25, AS DETERMINED BY THE COMPANY'S
	BOARD OF DIRECTORS.
4	PROPOSAL TO APPROVE THE ADJOURNMENT OF THE			For	195344	0	0	0
	ANNUAL MEETING, IF NECESSARY OR APPROPRIATE,
	TO SOLICIT ADDITIONAL PROXIES IF THERE ARE NOT
	SUFFICIENT VOTES TO APPROVE PROPOSAL 3.

Page 3 of 64

Proxy Voting Record


DIAGEO PLC
Security:		25243Q205				Meeting Type:	Annual
Ticker:		DEO				Meeting Date:	19-Oct-2011
ISIN		US25243Q2057				Vote Deadline Date:	10-Oct-2011
Agenda		933508650	Management			Total Ballot Shares:	350000
Last Vote Date:		29-Sep-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	REPORT AND ACCOUNTS 2011.			For	350000	0	0	0
2	DIRECTORS' REMUNERATION REPORT 2011.			For	350000	0	0	0
3	DECLARATION OF FINAL DIVIDEND.			For	350000	0	0	0
4	RE-ELECTION OF PB BRUZELIUS AS A DIRECTOR.			For	350000	0	0	0
	(AUDIT, NOMINATION & REMUNERATION COMMITTEE)
5	RE-ELECTION OF LM DANON AS A DIRECTOR. (AUDIT,			For	350000	0	0	0
	NOMINATION & REMUNERATION COMMITTEE)
6	RE-ELECTION OF LORD DAVIES AS A DIRECTOR.			For	350000	0	0	0
	(AUDIT, NOMINATION & REMUNERATION COMMITTEE)
7	RE-ELECTION OF BD HOLDEN AS A DIRECTOR.			For	350000	0	0	0
	(AUDIT, NOMINATION & REMUNERATION COMMITTEE)
8	RE-ELECTION OF DR FB HUMER AS A DIRECTOR.			For	350000	0	0	0
	(CHAIRMAN OF THE NOMINATION COMMITTEE)
9	RE-ELECTION OF D MAHLAN AS A DIRECTOR.			For	350000	0	0	0
	(EXECUTIVE COMMITTEE)
10	RE-ELECTION OF PG SCOTT AS A DIRECTOR. (AUDIT			For	350000	0	0	0
	(CHAIRMAN OF THE COMMITTEE), NOMINATION &
	REMUNERATION COMMITTEE)
11	RE-ELECTION OF HT STITZER AS A DIRECTOR.			For	350000	0	0	0
	(AUDIT, NOMINATION & REMUNERATION COMMITTEE)
12	RE-ELECTION OF PS WALSH AS A DIRECTOR.			For	350000	0	0	0
	(CHAIRMAN OF THE EXECUTIVE COMMITTEE)
13	RE-APPOINTMENT OF AUDITOR.			For	350000	0	0	0
14	REMUNERATION OF AUDITOR.			For	350000	0	0	0
15	AUTHORITY TO ALLOT SHARES.			For	350000	0	0	0
16	DISAPPLICATION OF PRE-EMPTION RIGHTS.			For	350000	0	0	0
17	AUTHORITY TO PURCHASE OWN ORDINARY SHARES.			For	350000	0	0	0
18	AUTHORITY TO MAKE POLITICAL DONATIONS AND/OR			For	350000	0	0	0
	TO INCUR POLITICAL EXPENDITURE IN THE EU.

Page 4 of 64

Proxy Voting Record


Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
19	REDUCED NOTICE OF A GENERAL MEETING OTHER	For	350000	0	0	0
	THAN AN ANNUAL GENERAL MEETING.

Page 5 of 64

Proxy Voting Record


TOWERS WATSON & CO
Security:		891894107				Meeting Type:	Annual
Ticker:		TW				Meeting Date:	11-Nov-2011
ISIN		US8918941076				Vote Deadline Date:	10-Nov-2011
Agenda		933509854	Management			Total Ballot Shares:	206000
Last Vote Date:		25-Oct-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: JOHN J. GABARRO			For	206000	0	0	0
2	ELECTION OF DIRECTOR: VICTOR F. GANZI			For	206000	0	0	0
3	ELECTION OF DIRECTOR: JOHN J. HALEY			For	206000	0	0	0
4	ELECTION OF DIRECTOR: BRENDAN R. O'NEILL			For	206000	0	0	0
5	ELECTION OF DIRECTOR: LINDA D. RABBITT			For	206000	0	0	0
6	ELECTION OF DIRECTOR: GILBERT T. RAY			For	206000	0	0	0
7	ELECTION OF DIRECTOR: PAUL THOMAS			For	206000	0	0	0
8	ELECTION OF DIRECTOR: WILHELM ZELLER			For	206000	0	0	0
9	RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP			For	206000	0	0	0
	AS THE COMPANY'S INDEPENDENT REGISTERED
	PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR
	ENDING JUNE 30, 2012.
10	TO APPROVE, BY NON-BINDING VOTE, THE			For	206000	0	0	0
	COMPENSATION OF OUR NAMED EXECUTIVE
	OFFICERS.
Item	Proposal			Recommendation	1 Year	2 Years	3 Years	Abstain	Take No
									Action
11	TO RECOMMEND, BY NON-BINDING VOTE, THE			1 Year	206000	0	0	0	0
	FREQUENCY OF NON-BINDING VOTES ON THE
	COMPENSATION OF OUR NAMED EXECUTIVE
	OFFICERS.

Page 6 of 64

Proxy Voting Record


MICROSOFT CORPORATION
Security:		594918104				Meeting Type:	Annual
Ticker:		MSFT				Meeting Date:	15-Nov-2011
ISIN		US5949181045				Vote Deadline Date:	14-Nov-2011
Agenda		933510706	Management			Total Ballot Shares:	770000
Last Vote Date:		14-Nov-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: STEVEN A. BALLMER			For	770000	0	0	0
2	ELECTION OF DIRECTOR: DINA DUBLON			For	770000	0	0	0
3	ELECTION OF DIRECTOR: WILLIAM H. GATES III			For	770000	0	0	0
4	ELECTION OF DIRECTOR: RAYMOND V. GILMARTIN			For	770000	0	0	0
5	ELECTION OF DIRECTOR: REED HASTINGS			For	770000	0	0	0
6	ELECTION OF DIRECTOR: MARIA M. KLAWE			For	770000	0	0	0
7	ELECTION OF DIRECTOR: DAVID F. MARQUARDT			For	770000	0	0	0
8	ELECTION OF DIRECTOR: CHARLES H. NOSKI			For	770000	0	0	0
9	ELECTION OF DIRECTOR: HELMUT PANKE			For	770000	0	0	0
10	ADVISORY VOTE ON NAMED EXECUTIVE OFFICER			For	770000	0	0	0
	COMPENSATION.
Item	Proposal			Recommendation	1 Year	2 Years	3 Years	Abstain	Take No
									Action
11	ADVISORY VOTE ON FREQUENCY OF ADVISORY VOTE			1 Year	770000	0	0	0	0
	ON NAMED EXECUTIVE OFFICER COMPENSATION.
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
12	RATIFICATION OF THE SELECTION OF DELOITTE &			For	770000	0	0	0
	TOUCHE LLP AS THE COMPANY'S INDEPENDENT
	AUDITOR.
13	SHAREHOLDER PROPOSAL 1. ESTABLISHMENT OF A			Against	0	770000	0	0
	BOARD COMMITTEE ON ENVIRONMENTAL
	SUSTAINABILITY.

Page 7 of 64

Proxy Voting Record


PONIARD PHARMACEUTICALS, INC.
Security:		732449301				Meeting Type:	Special
Ticker:		PARD				Meeting Date:	21-Nov-2011
ISIN		US7324493011				Vote Deadline Date:	18-Nov-2011
Agenda		933516633	Management			Total Ballot Shares:	195344
Last Vote Date:		08-Nov-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	TO APPROVE THE ISSUANCE OF PONIARD COMMON			For	195344	0	0	0
	STOCK AND THE RESULTING CHANGE OF CONTROL
	OF PONIARD PURSUANT TO THE AGREEMENT AND
	PLAN OF MERGER AND REORGANIZATION DATED AS
	OF JUNE 22, 2011, BY AND AMONG PONIARD, FV
	ACQUISITION CORP., A WHOLLY OWNED SUBSIDIARY
	OF PONIARD, AND ALLOZYNE, INC.
2	TO APPROVE AMENDMENT OF PONIARD'S ARTICLES			For	195344	0	0	0
	OF INCORPORATION TO EFFECT A REVERSE STOCK
	SPLIT OF PONIARD'S OUTSTANDING COMMON STOCK,
	AT A RATIO OF 1-FOR-40.
3	TO APPROVE ADJOURNMENT OF THE SPECIAL			For	195344	0	0	0
	MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL
	PROXIES IF THERE ARE NOT SUFFICIENT VOTES IN
	FAVOR OF PROPOSAL 1 AND/OR PROPOSAL 2.

Page 8 of 64

Proxy Voting Record


EPOCH HOLDING CORPORATION
Security:		29428R103				Meeting Type:	Annual
Ticker:		EPHC				Meeting Date:	01-Dec-2011
ISIN		US29428R1032				Vote Deadline Date:	30-Nov-2011
Agenda		933517596	Management			Total Ballot Shares:	1666667
Last Vote Date:		28-Nov-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	ALLAN R. TESSLER			1666667	0	0	0
	2	WILLIAM W. PRIEST			1666667	0	0	0
	3	ENRIQUE R. ARZAC			1666667	0	0	0
	4	JEFFREY L. BERENSON			1666667	0	0	0
	5	JOHN L. CECIL			1666667	0	0	0
	6	PETER A. FLAHERTY			1666667	0	0	0
	7	TIMOTHY T. TAUSSIG			1666667	0	0	0
2	TO APPROVE, IN A NONBINDING ADVISORY VOTE,			For	1666667	0	0	0
	THE COMPENSATION OF THE COMPANY'S NAMED
	EXECUTIVE OFFICERS.
Item	Proposal			Recommendation	1 Year	2 Years	3 Years	Abstain	Take No
									Action
3	TO DETERMINE, IN A NONBINDING ADVISORY VOTE,			1 Year	1666667	0	0	0	0
	WHETHER A STOCKHOLDER VOTE TO APPROVE THE
	COMPENSATION OF THE COMPANY'S NAMED
	EXECUTIVE OFFICERS SHOULD OCCUR EVERY ONE,
	TWO, OR THREE YEARS.
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
4	TO RATIFY THE APPOINTMENT OF CF & CO., L.L.P. AS			For	1666667	0	0	0
	THE COMPANY'S INDEPENDENT REGISTERED PUBLIC
	ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING
	JUNE 30, 2012.

Page 9 of 64

Proxy Voting Record


CISCO SYSTEMS, INC.
Security:		17275R102				Meeting Type:	Annual
Ticker:		CSCO				Meeting Date:	07-Dec-2011
ISIN		US17275R1023				Vote Deadline Date:	06-Dec-2011
Agenda		933516885	Management			Total Ballot Shares:	960000
Last Vote Date:		01-Dec-2011
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: CAROL A. BARTZ			For	0	960000	0	0
2	ELECTION OF DIRECTOR: M. MICHELE BURNS			For	960000	0	0	0
3	ELECTION OF DIRECTOR: MICHAEL D. CAPELLAS			For	960000	0	0	0
4	ELECTION OF DIRECTOR: LARRY R. CARTER			For	960000	0	0	0
5	ELECTION OF DIRECTOR: JOHN T. CHAMBERS			For	960000	0	0	0
6	ELECTION OF DIRECTOR: BRIAN L. HALLA			For	960000	0	0	0
7	ELECTION OF DIRECTOR: DR. JOHN L. HENNESSY			For	960000	0	0	0
8	ELECTION OF DIRECTOR: RICHARD M. KOVACEVICH			For	960000	0	0	0
9	ELECTION OF DIRECTOR: RODERICK C. MCGEARY			For	960000	0	0	0
10	ELECTION OF DIRECTOR: ARUN SARIN			For	960000	0	0	0
11	ELECTION OF DIRECTOR: STEVEN M. WEST			For	960000	0	0	0
12	ELECTION OF DIRECTOR: JERRY YANG			For	0	960000	0	0
13	APPROVAL OF AMENDMENT AND RESTATEMENT OF			For	960000	0	0	0
	THE CISCO 2005 STOCK INCENTIVE PLAN.
14	APPROVAL, ON AN ADVISORY BASIS, OF EXECUTIVE			For	960000	0	0	0
	COMPENSATION.
Item	Proposal			Recommendation	1 Year	2 Years	3 Years	Abstain	Take No
									Action
15	RECOMMENDATION, ON AN ADVISORY BASIS, ON THE			1 Year	960000	0	0	0	0
	FREQUENCY OF EXECUTIVE COMPENSATION VOTES.
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
16	RATIFICATION OF PRICEWATERHOUSECOOPERS LLP			For	960000	0	0	0
	AS CISCO'S INDEPENDENT REGISTERED PUBLIC
	ACCOUNTING FIRM FOR FISCAL 2012.
17	APPROVAL TO AMEND CISCO'S BYLAWS TO			Against	0	960000	0	0
	ESTABLISH A BOARD COMMITTEE ON
	ENVIRONMENTAL SUSTAINABILITY.

Page 10 of 64

Proxy Voting Record


Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
18	APPROVAL TO REQUIRE THE BOARD TO PUBLISH	Against	0	960000	0	0
	INTERNET FRAGMENTATION REPORT TO
	SHAREHOLDERS WITHIN SIX MONTHS.
19	APPROVAL TO REQUIRE THAT CISCO EXECUTIVES	Against	960000	0	0	0
	RETAIN A SIGNIFICANT PERCENTAGE OF STOCK
	UNTIL TWO YEARS FOLLOWING TERMINATION.

Page 11 of 64

Proxy Voting Record


COSTCO WHOLESALE CORPORATION
Security:		22160K105				Meeting Type:	Annual
Ticker:		COST				Meeting Date:	26-Jan-2012
ISIN		US22160K1051				Vote Deadline Date:	25-Jan-2012
Agenda		933536344	Management			Total Ballot Shares:	394500
Last Vote Date:		23-Jan-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	JAMES D. SINEGAL			394500	0	0	0
	2	JEFFREY H. BROTMAN			394500	0	0	0
	3	RICHARD A. GALANTI			394500	0	0	0
	4	DANIEL J. EVANS			394500	0	0	0
	5	JEFFREY S. RAIKES			394500	0	0	0
2	RATIFICATION OF SELECTION OF INDEPENDENT			For	394500	0	0	0
	AUDITORS.
3	AMENDMENT OF COMPANY'S FIFTH RESTATED			For	394500	0	0	0
	STOCK INCENTIVE PLAN.
4	APPROVAL, ON AN ADVISORY BASIS, OF EXECUTIVE			For	394500	0	0	0
	COMPENSATION.

Page 12 of 64

Proxy Voting Record


APPLE INC.
Security:		037833100				Meeting Type:	Annual
Ticker:		AAPL				Meeting Date:	23-Feb-2012
ISIN		US0378331005				Vote Deadline Date:	22-Feb-2012
Agenda		933542474	Management			Total Ballot Shares:	60000
Last Vote Date:		15-Feb-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	WILLIAM V. CAMPBELL			60000	0	0	0
	2	TIMOTHY D. COOK			60000	0	0	0
	3	MILLARD S. DREXLER			60000	0	0	0
	4	AL GORE			60000	0	0	0
	5	ROBERT A. IGER			60000	0	0	0
	6	ANDREA JUNG			60000	0	0	0
	7	ARTHUR D. LEVINSON			60000	0	0	0
	8	RONALD D. SUGAR			60000	0	0	0
2	RATIFICATION OF THE APPOINTMENT OF ERNST &			For	60000	0	0	0
	YOUNG LLP AS THE COMPANY'S INDEPENDENT
	REGISTERED PUBLIC ACCOUNTING FIRM FOR 2012.
3	ADVISORY VOTE ON EXECUTIVE COMPENSATION.			For	60000	0	0	0
4	A SHAREHOLDER PROPOSAL ENTITLED "CONFLICT			Against	0	60000	0	0
	OF INTEREST REPORT"
5	A SHAREHOLDER PROPOSAL ENTITLED			Against	0	60000	0	0
	"SHAREHOLDER SAY ON DIRECTOR PAY"
6	A SHAREHOLDER PROPOSAL ENTITLED "REPORT ON			Against	0	60000	0	0
	POLITICAL CONTRIBUTIONS AND EXPENDITURES"
7	A SHAREHOLDER PROPOSAL ENTITLED "ADOPT A			Against	0	60000	0	0
	MAJORITY VOTING STANDARD FOR DIRECTOR
	ELECTIONS"

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Proxy Voting Record


INTERNATIONAL GAME TECHNOLOGY
Security:		459902102				Meeting Type:	Annual
Ticker:		IGT				Meeting Date:	05-Mar-2012
ISIN		US4599021023				Vote Deadline Date:	02-Mar-2012
Agenda		933544567	Management			Total Ballot Shares:	750000
Last Vote Date:		16-Feb-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	PAGET L. ALVES			750000	0	0	0
	2	JANICE CHAFFIN			750000	0	0	0
	3	GREG CREED			750000	0	0	0
	4	PATTI S. HART			750000	0	0	0
	5	ROBERT J. MILLER			750000	0	0	0
	6	DAVID E. ROBERSON			750000	0	0	0
	7	VINCENT L. SADUSKY			750000	0	0	0
	8	PHILIP G. SATRE			750000	0	0	0
2	TO APPROVE, BY NON-BINDING VOTE, EXECUTIVE			For	750000	0	0	0
	COMPENSATION.
3	RATIFICATION OF THE APPOINTMENT OF			For	750000	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS IGT'S
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM FOR THE FISCAL YEAR ENDING SEPTEMBER 30,
	2012.

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Proxy Voting Record


QUALCOMM INCORPORATED
Security:		747525103				Meeting Type:	Annual
Ticker:		QCOM				Meeting Date:	06-Mar-2012
ISIN		US7475251036				Vote Deadline Date:	05-Mar-2012
Agenda		933543933	Management			Total Ballot Shares:	700000
Last Vote Date:		23-Feb-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	BARBARA T. ALEXANDER			700000	0	0	0
	2	STEPHEN M. BENNETT			700000	0	0	0
	3	DONALD G. CRUICKSHANK			700000	0	0	0
	4	RAYMOND V. DITTAMORE			700000	0	0	0
	5	THOMAS W. HORTON			700000	0	0	0
	6	PAUL E. JACOBS			700000	0	0	0
	7	ROBERT E. KAHN			700000	0	0	0
	8	SHERRY LANSING			700000	0	0	0
	9	DUANE A. NELLES			700000	0	0	0
	10	FRANCISCO ROS			700000	0	0	0
	11	BRENT SCOWCROFT			700000	0	0	0
	12	MARC I. STERN			700000	0	0	0
2	TO RATIFY THE SELECTION OF			For	0	0	700000	0
	PRICEWATERHOUSECOOPERS LLP AS OUR
	INDEPENDENT PUBLIC ACCOUNTANTS FOR OUR
	FISCAL YEAR ENDING SEPTEMBER 30, 2012.
3	TO HOLD AN ADVISORY VOTE ON EXECUTIVE			For	700000	0	0	0
	COMPENSATION.
4	TO APPROVE AN AMENDMENT TO THE COMPANY'S			For	700000	0	0	0
	RESTATED CERTIFICATE OF INCORPORATION TO
	ELIMINATE THE PLURALITY VOTING PROVISION.

Page 15 of 64

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AON CORPORATION
Security:		037389103				Meeting Type:	Special
Ticker:		AON				Meeting Date:	16-Mar-2012
ISIN		US0373891037				Vote Deadline Date:	15-Mar-2012
Agenda		933551221	Management			Total Ballot Shares:	330492
Last Vote Date:		15-Feb-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	TO ADOPT THE AGREEMENT AND PLAN OF MERGER			For	330492	0	0	0
	AND REORGANIZATION, DATED AS OF JANUARY 12,
	2012, BY AND BETWEEN AON CORPORATION AND
	MARKET MERGECO INC.
2	TO APPROVE THE IMPLEMENTATION OF A			For	330492	0	0	0
	REDUCTION OF CAPITAL OF AON UK THROUGH A
	CUSTOMARY COURT-APPROVED PROCESS SO THAT
	IT WILL HAVE SUFFICIENT DISTRIBUTABLE RESERVES
	UNDER U.K. LAW.
3	TO APPROVE, ON AN ADVISORY AND NON-BINDING			For	330492	0	0	0
	BASIS, COMPENSATION THAT MAY BE PAYABLE TO
	CERTAIN NAMED EXECUTIVE OFFICERS OF AON
	CORPORATION IN CONNECTION WITH THE MERGER
	AND THEIR RELOCATION TO THE U.K.
4	TO ADJOURN THE SPECIAL MEETING, IF NECESSARY,			For	330492	0	0	0
	TO SOLICIT ADDITIONAL PROXIES IF THERE ARE NOT
	SUFFICIENT VOTES IN FAVOR OF PROPOSAL 1.

Page 16 of 64

Proxy Voting Record


UNITED TECHNOLOGIES CORPORATION
Security:		913017109				Meeting Type:	Annual
Ticker:		UTX				Meeting Date:	11-Apr-2012
ISIN		US9130171096				Vote Deadline Date:	10-Apr-2012
Agenda		933554253	Management			Total Ballot Shares:	325000
Last Vote Date:		10-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: LOUIS R. CHENEVERT			For	325000	0	0	0
2	ELECTION OF DIRECTOR: JOHN V. FARACI			For	325000	0	0	0
3	ELECTION OF DIRECTOR: JEAN-PIERRE GARNIER			For	325000	0	0	0
4	ELECTION OF DIRECTOR: JAMIE S. GORELICK			For	325000	0	0	0
5	ELECTION OF DIRECTOR: EDWARD A. KANGAS			For	325000	0	0	0
6	ELECTION OF DIRECTOR: ELLEN J. KULLMAN			For	325000	0	0	0
7	ELECTION OF DIRECTOR: RICHARD D. MCCORMICK			For	325000	0	0	0
8	ELECTION OF DIRECTOR: HAROLD MCGRAW III			For	325000	0	0	0
9	ELECTION OF DIRECTOR: RICHARD B. MYERS			For	325000	0	0	0
10	ELECTION OF DIRECTOR: H. PATRICK SWYGERT			For	325000	0	0	0
11	ELECTION OF DIRECTOR: ANDRE VILLENEUVE			For	325000	0	0	0
12	ELECTION OF DIRECTOR: CHRISTINE TODD WHITMAN			For	325000	0	0	0
13	APPOINTMENT OF THE FIRM OF			For	325000	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT
	AUDITOR.
14	ADVISORY VOTE TO APPROVE NAMED EXECUTIVE			For	325000	0	0	0
	OFFICER COMPENSATION.

Page 17 of 64

Proxy Voting Record


M&T BANK CORPORATION
Security:		55261F104				Meeting Type:	Annual
Ticker:		MTB				Meeting Date:	17-Apr-2012
ISIN		US55261F1049				Vote Deadline Date:	16-Apr-2012
Agenda		933559126	Management			Total Ballot Shares:	110000
Last Vote Date:		16-Mar-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	BRENT D. BAIRD			110000	0	0	0
	2	C. ANGELA BONTEMPO			110000	0	0	0
	3	ROBERT T. BRADY			110000	0	0	0
	4	T.J. CUNNINGHAM III			110000	0	0	0
	5	MARK J. CZARNECKI			110000	0	0	0
	6	GARY N. GEISEL			110000	0	0	0
	7	PATRICK W.E. HODGSON			110000	0	0	0
	8	RICHARD G. KING			110000	0	0	0
	9	JORGE G. PEREIRA			110000	0	0	0
	10	MICHAEL P. PINTO			110000	0	0	0
	11	MELINDA R. RICH			110000	0	0	0
	12	ROBERT E. SADLER, JR.			110000	0	0	0
	13	HERBERT L. WASHINGTON			110000	0	0	0
	14	ROBERT G. WILMERS			110000	0	0	0
2	TO APPROVE THE COMPENSATION OF M&T BANK			For	110000	0	0	0
	CORPORATION'S NAMED EXECUTIVE OFFICERS.
3	TO RATIFY THE APPOINTMENT OF			For	110000	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS THE
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM OF M&T BANK CORPORATION FOR THE YEAR
	ENDING DECEMBER 31, 2012.

Page 18 of 64

Proxy Voting Record


TERADATA CORPORATION
Security:		88076W103				Meeting Type:	Annual
Ticker:		TDC				Meeting Date:	20-Apr-2012
ISIN		US88076W1036				Vote Deadline Date:	19-Apr-2012
Agenda		933557742	Management			Total Ballot Shares:	230000
Last Vote Date:		10-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: MICHAEL F. KOEHLER			For	230000	0	0	0
2	ELECTION OF DIRECTOR: JAMES M. RINGLER			For	230000	0	0	0
3	ELECTION OF DIRECTOR: JOHN G. SCHWARZ			For	230000	0	0	0
4	APPROVAL OF THE TERADATA 2012 STOCK			For	230000	0	0	0
	INCENTIVE PLAN.
5	APPROVAL OF THE TERADATA CORPORATION			For	230000	0	0	0
	EMPLOYEE STOCK PURCHASE PLAN, AS AMENDED
	AND RESTATED.
6	AN ADVISORY (NON-BINDING) VOTE ON EXECUTIVE			For	230000	0	0	0
	COMPENSATION.
7	APPROVAL OF AN AMENDMENT OF THE COMPANY'S			For	230000	0	0	0
	CERTIFICATE OF INCORPORATION TO PROVIDE FOR
	THE ANNUAL ELECTION OF DIRECTORS.
8	APPROVAL OF THE RATIFICATION OF THE			For	230000	0	0	0
	APPOINTMENT OF INDEPENDENT REGISTERED
	PUBLIC ACCOUNTING FIRM FOR 2012.

Page 19 of 64

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METLIFE, INC.
Security:		59156R108				Meeting Type:	Annual
Ticker:		MET				Meeting Date:	24-Apr-2012
ISIN		US59156R1086				Vote Deadline Date:	23-Apr-2012
Agenda		933574584	Management			Total Ballot Shares:	325000
Last Vote Date:		04-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	JOHN M. KEANE			325000	0	0	0
	2	CATHERINE R. KINNEY			325000	0	0	0
	3	HUGH B. PRICE			325000	0	0	0
	4	KENTON J. SICCHITANO			325000	0	0	0
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE &			For	325000	0	0	0
	TOUCHE LLP AS INDEPENDENT AUDITOR FOR 2012
3	ADVISORY VOTE TO APPROVE THE COMPENSATION			For	325000	0	0	0
	PAID TO THE COMPANY'S NAMED EXECUTIVE
	OFFICERS

Page 20 of 64

Proxy Voting Record


PLATINUM UNDERWRITERS HOLDINGS, LTD.
Security:		G7127P100				Meeting Type:	Annual
Ticker:		PTP				Meeting Date:	24-Apr-2012
ISIN		BMG7127P1005				Vote Deadline Date:	23-Apr-2012
Agenda		933572958	Management			Total Ballot Shares:	435000
Last Vote Date:		02-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	DAN R. CARMICHAEL			435000	0	0	0
	2	A. JOHN HASS			435000	0	0	0
	3	ANTONY P.D. LANCASTER			435000	0	0	0
	4	EDMUND R. MEGNA			435000	0	0	0
	5	MICHAEL D. PRICE			435000	0	0	0
	6	JAMES P. SLATTERY			435000	0	0	0
	7	CHRISTOPHER J. STEFFEN			435000	0	0	0
2	TO APPROVE THE COMPENSATION PAID TO THE			For	435000	0	0	0
	COMPANY'S NAMED EXECUTIVE OFFICERS, AS
	DISCLOSED IN THE PROXY STATEMENT FOR THE
	COMPANY'S 2012 ANNUAL GENERAL MEETING OF
	SHAREHOLDERS UNDER THE HEADING "EXECUTIVE
	COMPENSATION" PURSUANT TO ITEM 402 OF
	REGULATION S-K, INCLUDING THE COMPENSATION
	DISCUSSION AND ANALYSIS, COMPENSATION TABLES
	AND NARRATIVE DISCUSSION.
3	TO APPROVE THE NOMINATION OF KPMG, A			For	435000	0	0	0
	BERMUDA PARTNERSHIP, AS THE COMPANY'S
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM FOR THE 2012 FISCAL YEAR.

Page 21 of 64

Proxy Voting Record


ASML HOLDINGS N.V.
Security:		N07059186				Meeting Type:	Annual
Ticker:		ASML				Meeting Date:	25-Apr-2012
ISIN		USN070591862				Vote Deadline Date:	17-Apr-2012
Agenda		933560268	Management			Total Ballot Shares:	575000
Last Vote Date:		15-Mar-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DISCUSSION OF THE 2011 ANNUAL REPORT,			For	575000	0	0	0
	INCLUDING ASML'S CORPORATE GOVERNANCE
	CHAPTER, AND THE 2011 REMUNERATION REPORT,
	AND PROPOSAL TO ADOPT THE STATUTORY ANNUAL
	ACCOUNTS FOR THE FINANCIAL YEAR ("FY") 2011, AS
	PREPARED IN ACCORDANCE WITH DUTCH LAW.
2	PROPOSAL TO DISCHARGE THE MEMBERS OF THE			For	575000	0	0	0
	BOARD OF MANAGEMENT FROM LIABILITY FOR THEIR
	RESPONSIBILITIES IN THE FY 2011.
3	PROPOSAL TO DISCHARGE THE MEMBERS OF THE			For	575000	0	0	0
	SUPERVISORY BOARD FROM LIABILITY FOR THEIR
	RESPONSIBILITIES IN THE FY 2011.
4	PROPOSAL TO ADOPT A DIVIDEND OF EUR 0.46 PER			For	575000	0	0	0
	ORDINARY SHARE.
5	PROPOSAL TO APPROVE THE NUMBER OF			For	575000	0	0	0
	PERFORMANCE SHARES FOR THE BOARD OF
	MANAGEMENT AND AUTHORIZATION OF THE BOARD
	OF MANAGEMENT TO ISSUE THE SHARES.
6	PROPOSAL TO APPROVE THE NUMBER OF STOCK			For	575000	0	0	0
	OPTIONS, RESPECTIVELY SHARES, FOR EMPLOYEES
	AND AUTHORIZATION OF THE BOARD OF
	MANAGEMENT TO ISSUE THE STOCK OPTIONS,
	RESPECTIVELY SHARES.
7	PROPOSAL TO REAPPOINT MR. O. BILOUS AS			For	575000	0	0	0
	MEMBER OF THE SUPERVISORY BOARD, EFFECTIVE
	APRIL 25, 2012.
8	PROPOSAL TO REAPPOINT MR. F.W. FROHLICH AS			For	575000	0	0	0
	MEMBER OF THE SUPERVISORY BOARD, EFFECTIVE
	APRIL 25, 2012.
9	PROPOSAL TO REAPPOINT MR. A.P.M. VAN DER POEL			For	575000	0	0	0
	AS MEMBER OF THE SUPERVISORY BOARD,
	EFFECTIVE APRIL 25, 2012.

Page 22 of 64

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
10	PROPOSAL TO REAPPOINT THE EXTERNAL AUDITOR	For	575000	0	0	0
	FOR THE REPORTING YEAR 2013.
11	PROPOSAL TO AUTHORIZE THE BOARD OF	For	575000	0	0	0
	MANAGEMENT TO ISSUE (RIGHTS TO SUBSCRIBE
	FOR) SHARES, WHICH AUTHORIZATION IS LIMITED TO
	5% OF THE ISSUED CAPITAL.
12	PROPOSAL TO AUTHORIZE THE BOARD OF	For	575000	0	0	0
	MANAGEMENT TO RESTRICT OR EXCLUDE THE PRE-
	EMPTION RIGHTS ACCRUING TO SHAREHOLDERS IN
	CONNECTION WITH AGENDA ITEM 14A.
13	PROPOSAL TO AUTHORIZE THE BOARD OF	For	575000	0	0	0
	MANAGEMENT TO ISSUE (RIGHTS TO SUBSCRIBE
	FOR) SHARES, FOR AN ADDITIONAL 5% OF THE
	ISSUED CAPITAL, ONLY TO BE USED IN CONNECTION
	WITH MERGERS, ACQUISITIONS AND/OR (STRATEGIC)
	ALLIANCES.
14	PROPOSAL TO AUTHORIZE THE BOARD OF	For	575000	0	0	0
	MANAGEMENT TO RESTRICT OR EXCLUDE THE PRE-
	EMPTION RIGHTS ACCRUING TO SHAREHOLDERS IN
	CONNECTION WITH AGENDA ITEM 14C.
15	PROPOSAL TO AUTHORIZE THE BOARD OF	For	575000	0	0	0
	MANAGEMENT TO ACQUIRE SHARES IN THE
	COMPANY'S CAPITAL.
16	PROPOSAL TO AUTHORIZE THE BOARD OF	For	575000	0	0	0
	MANAGEMENT TO ACQUIRE ADDITIONAL SHARES IN
	THE COMPANY'S CAPITAL.
17	PROPOSAL TO CANCEL ORDINARY SHARES (TO BE)	For	575000	0	0	0
	REPURCHASED BY THE COMPANY.

Page 23 of 64

Proxy Voting Record


ABB LTD
Security:		000375204				Meeting Type:	Annual
Ticker:		ABB				Meeting Date:	26-Apr-2012
ISIN		US0003752047				Vote Deadline Date:	19-Apr-2012
Agenda		933583381	Management			Total Ballot Shares:	1200000
Last Vote Date:		10-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	APPROVAL OF THE ANNUAL REPORT, THE			For	1200000	0	0	0
	CONSOLIDATED FINANCIAL STATEMENTS, AND THE
	ANNUAL FINANCIAL STATEMENTS FOR 2011
2	CONSULTATIVE VOTE ON THE 2011 REMUNERATION			For	1200000	0	0	0
	REPORT
3	DISCHARGE OF THE BOARD OF DIRECTORS AND THE			For	1200000	0	0	0
	PERSONS ENTRUSTED WITH MANAGEMENT
4	APPROPRIATION OF AVAILABLE EARNINGS AND			For	1200000	0	0	0
	DISTRIBUTION OF CAPITAL CONTRIBUTION RESERVE
5	RE-ELECTION TO THE BOARD OF DIRECTOR: ROGER			For	1200000	0	0	0
	AGNELLI
6	RE-ELECTION TO THE BOARD OF DIRECTOR: LOUIS R.			For	1200000	0	0	0
	HUGHES
7	RE-ELECTION TO THE BOARD OF DIRECTOR: HANS			For	1200000	0	0	0
	ULRICH MARKI
8	RE-ELECTION TO THE BOARD OF DIRECTOR: MICHEL			For	1200000	0	0	0
	DE ROSEN
9	RE-ELECTION TO THE BOARD OF DIRECTOR:			For	1200000	0	0	0
	MICHAEL TRESCHOW
10	RE-ELECTION TO THE BOARD OF DIRECTOR: JACOB			For	1200000	0	0	0
	WALLENBERG
11	RE-ELECTION TO THE BOARD OF DIRECTOR: YING			For	1200000	0	0	0
	YEH
12	RE-ELECTION TO THE BOARD OF DIRECTOR:			For	1200000	0	0	0
	HUBERTUS VON GRUNBERG
13	RE-ELECTION OF THE AUDITORS			For	1200000	0	0	0

Page 24 of 64

Proxy Voting Record


PFIZER INC.
Security:		717081103				Meeting Type:	Annual
Ticker:		PFE				Meeting Date:	26-Apr-2012
ISIN		US7170811035				Vote Deadline Date:	25-Apr-2012
Agenda		933560472	Management			Total Ballot Shares:	755808
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: DENNIS A. AUSIELLO			For	755808	0	0	0
2	ELECTION OF DIRECTOR: M. ANTHONY BURNS			For	755808	0	0	0
3	ELECTION OF DIRECTOR: W. DON CORNWELL			For	755808	0	0	0
4	ELECTION OF DIRECTOR: FRANCES D. FERGUSSON			For	755808	0	0	0
5	ELECTION OF DIRECTOR: WILLIAM H. GRAY, III			For	755808	0	0	0
6	ELECTION OF DIRECTOR: HELEN H. HOBBS			For	755808	0	0	0
7	ELECTION OF DIRECTOR: CONSTANCE J. HORNER			For	755808	0	0	0
8	ELECTION OF DIRECTOR: JAMES M. KILTS			For	755808	0	0	0
9	ELECTION OF DIRECTOR: GEORGE A. LORCH			For	755808	0	0	0
10	ELECTION OF DIRECTOR: JOHN P. MASCOTTE			For	755808	0	0	0
11	ELECTION OF DIRECTOR: SUZANNE NORA JOHNSON			For	755808	0	0	0
12	ELECTION OF DIRECTOR: IAN C. READ			For	755808	0	0	0
13	ELECTION OF DIRECTOR: STEPHEN W. SANGER			For	755808	0	0	0
14	ELECTION OF DIRECTOR: MARC TESSIER-LAVIGNE			For	755808	0	0	0
15	RATIFY THE SELECTION OF KPMG LLP AS			For	755808	0	0	0
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM FOR 2012.
16	ADVISORY APPROVAL OF EXECUTIVE			For	755808	0	0	0
	COMPENSATION.
17	SHAREHOLDER PROPOSAL REGARDING			Against	0	755808	0	0
	PUBLICATION OF POLITICAL CONTRIBUTIONS.
18	SHAREHOLDER PROPOSAL REGARDING ACTION BY			Against	0	755808	0	0
	WRITTEN CONSENT.
19	SHAREHOLDER PROPOSAL REGARDING SPECIAL			Against	0	755808	0	0
	SHAREHOLDER MEETINGS.
20	SHAREHOLDER PROPOSAL REGARDING ADVISORY			Against	0	755808	0	0
	VOTE ON DIRECTOR PAY.

Page 25 of 64

Proxy Voting Record


AMERICAN EXPRESS COMPANY
Security:		025816109				Meeting Type:	Annual
Ticker:		AXP				Meeting Date:	30-Apr-2012
ISIN		US0258161092				Vote Deadline Date:	27-Apr-2012
Agenda		933566094	Management			Total Ballot Shares:	315000
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	C. BARSHEFSKY			315000	0	0	0
	2	U.M. BURNS			315000	0	0	0
	3	K.I. CHENAULT			315000	0	0	0
	4	P. CHERNIN			315000	0	0	0
	5	T.J. LEONSIS			315000	0	0	0
	6	J. LESCHLY			315000	0	0	0
	7	R.C. LEVIN			315000	0	0	0
	8	R.A. MCGINN			315000	0	0	0
	9	E.D. MILLER			315000	0	0	0
	10	S.S REINEMUND			315000	0	0	0
	11	R.D. WALTER			315000	0	0	0
	12	R.A. WILLIAMS			315000	0	0	0
2	RATIFICATION OF APPOINTMENT OF			For	315000	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS OUR
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM FOR 2012.
3	ADVISORY RESOLUTION TO APPROVE EXECUTIVE			For	315000	0	0	0
	COMPENSATION.
4	APPROVAL OF PERFORMANCE GOALS AND AWARD			For	315000	0	0	0
	LIMITS UNDER 2007 INCENTIVE COMPENSATION
	PLAN.
5	SHAREHOLDER PROPOSAL RELATING TO			Against	0	315000	0	0
	CUMULATIVE VOTING FOR DIRECTORS.
6	SHAREHOLDER PROPOSAL RELATING TO			Against	0	315000	0	0
	SEPARATION OF CHAIRMAN AND CEO ROLES.

Page 26 of 64

Proxy Voting Record


THE MANITOWOC COMPANY, INC.
Security:		563571108				Meeting Type:	Annual
Ticker:		MTW				Meeting Date:	01-May-2012
ISIN		US5635711089				Vote Deadline Date:	30-Apr-2012
Agenda		933564040	Management			Total Ballot Shares:	900000
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	ROY V. ARMES			900000	0	0	0
	2	CYNTHIA M. EGNOTOVICH			900000	0	0	0
	3	JAMES L. PACKARD			900000	0	0	0
2	THE APPROVAL OF THE COMPANY'S SHORT-TERM			For	900000	0	0	0
	INCENTIVE PLAN.
3	THE APPROVAL OF AN AMENDMENT TO THE			For	900000	0	0	0
	COMPANY'S 2003 INCENTIVE STOCK AND AWARDS
	PLAN.
4	THE RATIFICATION OF THE APPOINTMENT OF			For	900000	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS THE
	COMPANY'S INDEPENDENT REGISTERED PUBLIC
	ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING
	DECEMBER 31, 2012.
5	AN ADVISORY VOTE TO APPROVE THE			For	900000	0	0	0
	COMPENSATION OF THE COMPANY'S NAMED
	EXECUTIVE OFFICERS.

Page 27 of 64

Proxy Voting Record


PEPSICO, INC.
Security:		713448108				Meeting Type:	Annual
Ticker:		PEP				Meeting Date:	02-May-2012
ISIN		US7134481081				Vote Deadline Date:	01-May-2012
Agenda		933566842	Management			Total Ballot Shares:	325000
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: S.L. BROWN			For	325000	0	0	0
2	ELECTION OF DIRECTOR: I.M. COOK			For	325000	0	0	0
3	ELECTION OF DIRECTOR: D. DUBLON			For	325000	0	0	0
4	ELECTION OF DIRECTOR: V.J. DZAU			For	325000	0	0	0
5	ELECTION OF DIRECTOR: R.L. HUNT			For	325000	0	0	0
6	ELECTION OF DIRECTOR: A. IBARGUEN			For	325000	0	0	0
7	ELECTION OF DIRECTOR: I.K. NOOYI			For	325000	0	0	0
8	ELECTION OF DIRECTOR: S.P. ROCKEFELLER			For	325000	0	0	0
9	ELECTION OF DIRECTOR: J.J. SCHIRO			For	325000	0	0	0
10	ELECTION OF DIRECTOR: L.G. TROTTER			For	325000	0	0	0
11	ELECTION OF DIRECTOR: D. VASELLA			For	325000	0	0	0
12	ELECTION OF DIRECTOR: A. WEISSER			For	325000	0	0	0
13	RATIFY THE APPOINTMENT KPMG LLP AS OUR			For	325000	0	0	0
	INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS
	FOR FISCAL YEAR 2012.
14	APPROVAL, BY NON-BINDING VOTE, OF EXECUTIVE			For	325000	0	0	0
	COMPENSATION.
15	RE-APPROVAL OF THE PERFORMANCE MEASURES			For	325000	0	0	0
	UNDER OUR 2007 LONG-TERM INCENTIVE PLAN.
16	SHAREHOLDER PROPOSAL - LOBBYING PRACTICES			Against	0	325000	0	0
	REPORT.
17	SHAREHOLDER PROPOSAL - FORMATION OF RISK			Against	0	325000	0	0
	OVERSIGHT COMMITTEE.
18	SHAREHOLDER PROPOSAL - CHAIRMAN OF THE			Against	0	325000	0	0
	BOARD SHALL BE AN INDEPENDENT DIRECTOR.

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CANADIAN NATURAL RESOURCES LIMITED
Security:		136385101				Meeting Type:	Annual and Special Meeting
Ticker:		CNQ				Meeting Date:	03-May-2012
ISIN		CA1363851017				Vote Deadline Date:	01-May-2012
Agenda		933573342	Management			Total Ballot Shares:	300000
Last Vote Date:		02-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	CATHERINE M. BEST			300000	0	0	0
	2	N. MURRAY EDWARDS			300000	0	0	0
	3	TIMOTHY W. FAITHFULL			300000	0	0	0
	4	HON. GARY A. FILMON			300000	0	0	0
	5	CHRISTOPHER L. FONG			300000	0	0	0
	6	AMB. GORDON D. GIFFIN			300000	0	0	0
	7	WILFRED A. GOBERT			300000	0	0	0
	8	STEVE W. LAUT			300000	0	0	0
	9	KEITH A.J. MACPHAIL			300000	0	0	0
	10	ALLAN P. MARKIN			300000	0	0	0
	11	HON. FRANK J. MCKENNA			300000	0	0	0
	12	JAMES S. PALMER			300000	0	0	0
	13	ELDON R. SMITH			300000	0	0	0
	14	DAVID A. TUER			300000	0	0	0
2	THE APPOINTMENT OF			For	300000	0	0	0
	PRICEWATERHOUSECOOPERS LLP, CHARTERED
	ACCOUNTANTS, CALGARY, ALBERTA, AS AUDITORS
	OF THE CORPORATION FOR THE ENSUING YEAR AND
	THE AUTHORIZATION OF THE AUDIT COMMITTEE OF
	THE BOARD OF DIRECTORS OF THE CORPORATION
	TO FIX THEIR REMUNERATION.

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
3	THE SPECIAL RESOLUTION AMENDING THE	For	300000	0	0	0
	CORPORATION'S ARTICLES TO CHANGE THE
	PROVISIONS OF THE CURRENTLY AUTHORIZED
	CLASS OF PREFERRED SHARES TO A CLASS OF
	PREFERRED SHARES ISSUABLE IN A SERIES, AND
	AUTHORIZING THE BOARD OF DIRECTORS TO FIX THE
	NUMBER OF SHARES IN EACH SERIES AND TO
	DETERMINE THE DESIGNATION, RIGHTS, PRIVILEGES,
	RESTRICTIONS AND CONDITIONS ATTACHING TO THE
	SHARES OF EACH SERIES AT THE TIME THE SHARES
	ARE ISSUED AS DESCRIBED IN THE INFORMATION
	CIRCULAR.
4	ON AN ADVISORY BASIS, ACCEPTING THE	For	300000	0	0	0
	CORPORATION'S APPROACH TO EXECUTIVE
	COMPENSATION AS DESCRIBED IN THE
	INFORMATION CIRCULAR.

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Proxy Voting Record


BERKSHIRE HATHAWAY INC.
Security:		084670108				Meeting Type:	Annual
Ticker:		BRKA				Meeting Date:	05-May-2012
ISIN		US0846701086				Vote Deadline Date:	04-May-2012
Agenda		933565092	Management			Total Ballot Shares:	110
Last Vote Date:		04-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	WARREN E. BUFFETT			110	0	0	0
	2	CHARLES T. MUNGER			110	0	0	0
	3	HOWARD G. BUFFETT			110	0	0	0
	4	STEPHEN B. BURKE			110	0	0	0
	5	SUSAN L. DECKER			110	0	0	0
	6	WILLIAM H. GATES III			110	0	0	0
	7	DAVID S. GOTTESMAN			110	0	0	0
	8	CHARLOTTE GUYMAN			110	0	0	0
	9	DONALD R. KEOUGH			110	0	0	0
	10	THOMAS S. MURPHY			110	0	0	0
	11	RONALD L. OLSON			110	0	0	0
	12	WALTER SCOTT, JR.			110	0	0	0
2	SHAREHOLDER PROPOSAL REGARDING SUCCESSION			Against	0	110	0	0
	PLANNING.

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ARCH CAPITAL GROUP LTD.
Security:		G0450A105				Meeting Type:	Annual
Ticker:		ACGL				Meeting Date:	09-May-2012
ISIN		BMG0450A1053				Vote Deadline Date:	08-May-2012
Agenda		933570257	Management			Total Ballot Shares:	875000
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF CLASS II DIRECTOR FOR A TERM OF			For	875000	0	0	0
	THREE YEARS: ERIC W. DOPPSTADT
2	ELECTION OF CLASS II DIRECTOR FOR A TERM OF			For	875000	0	0	0
	THREE YEARS: CONSTANTINE IORDANOU
3	ELECTION OF CLASS II DIRECTOR FOR A TERM OF			For	875000	0	0	0
	THREE YEARS: JAMES J. MEENAGHAN
4	ELECTION OF CLASS II DIRECTOR FOR A TERM OF			For	875000	0	0	0
	THREE YEARS: JOHN M. PASQUESI
5	ELECT THE NOMINEE AS DESIGNATED COMPANY			For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: ANTHONY ASQUITH
6	ELECT THE NOMINEE AS DESIGNATED COMPANY			For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: EDGARDO BALOIS
7	ELECT THE NOMINEE AS DESIGNATED COMPANY			For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: WILLIAM E. BEVERIDGE
8	ELECT THE NOMINEE AS DESIGNATED COMPANY			For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: DENNIS R. BRAND
9	ELECT THE NOMINEE AS DESIGNATED COMPANY			For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: PETER CALLEO
10	ELECT THE NOMINEE AS DESIGNATED COMPANY			For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: KNUD CHRISTENSEN

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
11	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: PAUL COLE
12	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: GRAHAM B.R. COLLIS
13	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: WILLIAM J. COONEY
14	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: MICHAEL FEETHAM
15	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: STEPHEN FOGARTY
16	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: ELIZABETH FULLERTON-ROME
17	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: MARC GRANDISSON
18	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: MICHAEL A. GREENE
19	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: JOHN C.R. HELE
20	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: DAVID W. HIPKIN

Page 33 of 64

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
21	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: W. PRESTON HUTCHINGS
22	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: CONSTANTINE IORDANOU
23	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: WOLBERT H. KAMPHUIJS
24	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: MICHAEL H. KIER
25	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: LIN LI-WILLIAMS
26	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: MARK D. LYONS
27	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: ADAM MATTESON
28	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: DAVID MCELROY
29	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: ROMMEL MERCADO
30	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: MARTIN J. NILSEN

Page 34 of 64

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
31	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: MARK NOLAN
32	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: NICOLAS PAPADOPOULO
33	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: ELISABETH QUINN
34	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: MAAMOUN RAJEH
35	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: JOHN F. RATHGEBER
36	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: ANDREW RIPPERT
37	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: PAUL S. ROBOTHAM
38	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: CARLA SANTAMARIA-SENA
39	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: SCOTT SCHENKER
40	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: SOREN SCHEUER

Page 35 of 64

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
41	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: BUDHI SINGH
42	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: HELMUT SOHLER
43	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: IWAN VAN MUNSTER
44	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: ANGUS WATSON
45	ELECT THE NOMINEE AS DESIGNATED COMPANY	For	875000	0	0	0
	DIRECTOR SO THAT HE/SHE MAY BE ELECTED
	DIRECTOR OF CERTAIN OF OUR NON-U.S.
	SUBSIDIARIES: JAMES R. WEATHERSTONE
46	TO APPROVE THE ARCH CAPITAL GROUP LTD. 2012	For	875000	0	0	0
	LONG TERM INCENTIVE AND SHARE AWARD PLAN AS
	SET FORTH IN AN APPENDIX TO, AND DESCRIBED IN,
	THE PROXY STATEMENT.
47	TO APPOINT PRICEWATERHOUSECOOPERS LLP AS	For	875000	0	0	0
	THE COMPANY'S INDEPENDENT REGISTERED PUBLIC
	ACCOUNTING FIRM FOR THE YEAR ENDING
	DECEMBER 31, 2012.
48	ADVISORY VOTE TO APPROVE NAMED EXECUTIVE	For	875000	0	0	0
	OFFICER COMPENSATION.

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EVEREST RE GROUP, LTD.
Security:		G3223R108				Meeting Type:	Annual
Ticker:		RE				Meeting Date:	09-May-2012
ISIN		BMG3223R1088				Vote Deadline Date:	08-May-2012
Agenda		933597710	Management			Total Ballot Shares:	245000
Last Vote Date:		17-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	JOHN R. DUNNE			245000	0	0	0
	2	JOHN A. WEBER			245000	0	0	0
2	TO APPOINT PRICEWATERHOUSECOOPERS LLP AS			For	245000	0	0	0
	THE COMPANY'S REGISTERED PUBLIC ACCOUNTING
	FIRM FOR THE YEAR ENDING DECEMBER 31, 2012
	AND AUTHORIZE THE BOARD OF DIRECTORS ACTING
	BY THE AUDIT COMMITTEE OF THE BOARD TO SET
	THE FEES FOR THE REGISTERED PUBLIC
	ACCOUNTING FIRM.
3	ADVISORY VOTE TO APPROVE 2011 EXECUTIVE			For	245000	0	0	0
	COMPENSATION.

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FORD MOTOR COMPANY
Security:		345370860				Meeting Type:	Annual
Ticker:		F				Meeting Date:	10-May-2012
ISIN		US3453708600				Vote Deadline Date:	09-May-2012
Agenda		933571499	Management			Total Ballot Shares:	1264063
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: STEPHEN G. BUTLER			For	1264063	0	0	0
2	ELECTION OF DIRECTOR: KIMBERLY A. CASIANO			For	1264063	0	0	0
3	ELECTION OF DIRECTOR: ANTHONY F. EARLEY, JR.			For	1264063	0	0	0
4	ELECTION OF DIRECTOR: EDSEL B. FORD II			For	1264063	0	0	0
5	ELECTION OF DIRECTOR: WILLIAM CLAY FORD, JR.			For	1264063	0	0	0
6	ELECTION OF DIRECTOR: RICHARD A. GEPHARDT			For	1264063	0	0	0
7	ELECTION OF DIRECTOR: JAMES H. HANCE, JR.			For	1264063	0	0	0
8	ELECTION OF DIRECTOR: WILLIAM W. HELMAN IV			For	1264063	0	0	0
9	ELECTION OF DIRECTOR: IRVINE O. HOCKADAY, JR.			For	1264063	0	0	0
10	ELECTION OF DIRECTOR: JON M. HUNTSMAN, JR.			For	1264063	0	0	0
11	ELECTION OF DIRECTOR: RICHARD A. MANOOGIAN			For	1264063	0	0	0
12	ELECTION OF DIRECTOR: ELLEN R. MARRAM			For	1264063	0	0	0
13	ELECTION OF DIRECTOR: ALAN MULALLY			For	1264063	0	0	0
14	ELECTION OF DIRECTOR: HOMER A. NEAL			For	1264063	0	0	0
15	ELECTION OF DIRECTOR: GERALD L. SHAHEEN			For	1264063	0	0	0
16	ELECTION OF DIRECTOR: JOHN L. THORNTON			For	1264063	0	0	0
17	RATIFICATION OF SELECTION OF INDEPENDENT			For	1264063	0	0	0
	REGISTERED PUBLIC ACCOUNTING FIRM.
18	SAY ON PAY - AN ADVISORY VOTE TO APPROVE THE			For	1264063	0	0	0
	COMPENSATION OF THE NAMED EXECUTIVES.
19	RELATING TO CUMULATIVE VOTING FOR THE			Against	0	1264063	0	0
	ELECTION OF DIRECTORS.
20	RELATING TO CONSIDERATION OF A			Against	0	1264063	0	0
	RECAPITALIZATION PLAN TO PROVIDE THAT ALL OF
	THE COMPANY'S OUTSTANDING STOCK HAVE ONE
	VOTE PER SHARE.

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
21	RELATING TO ALLOWING HOLDERS OF 10% OF	Against	0	1264063	0	0
	OUTSTANDING COMMON STOCK TO CALL SPECIAL
	MEETINGS OF SHAREHOLDERS.

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GILEAD SCIENCES, INC.
Security:		375558103				Meeting Type:	Annual
Ticker:		GILD				Meeting Date:	10-May-2012
ISIN		US3755581036				Vote Deadline Date:	09-May-2012
Agenda		933574483	Management			Total Ballot Shares:	214300
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	JOHN F. COGAN			214300	0	0	0
	2	ETIENNE F. DAVIGNON			214300	0	0	0
	3	JAMES M. DENNY			214300	0	0	0
	4	CARLA A. HILLS			214300	0	0	0
	5	KEVIN E. LOFTON			214300	0	0	0
	6	JOHN W. MADIGAN			214300	0	0	0
	7	JOHN C. MARTIN			214300	0	0	0
	8	GORDON E. MOORE			214300	0	0	0
	9	NICHOLAS G. MOORE			214300	0	0	0
	10	RICHARD J. WHITLEY			214300	0	0	0
	11	GAYLE E. WILSON			214300	0	0	0
	12	PER WOLD-OLSEN			214300	0	0	0
2	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP			For	214300	0	0	0
	BY THE AUDIT COMMITTEE OF THE BOARD OF
	DIRECTORS AS THE INDEPENDENT REGISTERED
	PUBLIC ACCOUNTING FIRM OF GILEAD FOR THE
	FISCAL YEAR ENDING DECEMBER 31, 2012.
3	TO APPROVE, ON AN ADVISORY BASIS, THE			For	214300	0	0	0
	COMPENSATION OF GILEAD'S NAMED EXECUTIVE
	OFFICERS AS PRESENTED IN THE PROXY
	STATEMENT.
4	IF PROPERLY PRESENTED AT THE MEETING, TO VOTE			Against	0	214300	0	0
	ON A STOCKHOLDER PROPOSAL REQUESTING THAT
	THE BOARD TAKE STEPS TO PERMIT STOCKHOLDER
	ACTION BY WRITTEN CONSENT.

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
5	IF PROPERLY PRESENTED AT THE MEETING, TO VOTE	Against	0	214300	0	0
	ON A STOCKHOLDER PROPOSAL REQUESTING THAT
	THE BOARD TAKE STEPS TO REDEEM GILEAD'S
	POISON PILL UNLESS THE PLAN IS SUBJECT TO A
	STOCKHOLDER VOTE.

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KOHL'S CORPORATION
Security:		500255104				Meeting Type:	Annual
Ticker:		KSS				Meeting Date:	10-May-2012
ISIN		US5002551043				Vote Deadline Date:	09-May-2012
Agenda		933565763	Management			Total Ballot Shares:	100000
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: PETER BONEPARTH			For	100000	0	0	0
2	ELECTION OF DIRECTOR: STEVEN A. BURD			For	100000	0	0	0
3	ELECTION OF DIRECTOR: JOHN F. HERMA			For	100000	0	0	0
4	ELECTION OF DIRECTOR: DALE E. JONES			For	100000	0	0	0
5	ELECTION OF DIRECTOR: WILLIAM S. KELLOGG			For	100000	0	0	0
6	ELECTION OF DIRECTOR: KEVIN MANSELL			For	100000	0	0	0
7	ELECTION OF DIRECTOR: JOHN E. SCHLIFSKE			For	100000	0	0	0
8	ELECTION OF DIRECTOR: FRANK V. SICA			For	100000	0	0	0
9	ELECTION OF DIRECTOR: PETER M. SOMMERHAUSER			For	100000	0	0	0
10	ELECTION OF DIRECTOR: STEPHANIE A. STREETER			For	100000	0	0	0
11	ELECTION OF DIRECTOR: NINA G. VACA			For	100000	0	0	0
12	ELECTION OF DIRECTOR: STEPHEN E. WATSON			For	100000	0	0	0
13	RATIFY APPOINTMENT OF ERNST & YOUNG LLP AS			For	100000	0	0	0
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM.
14	ADVISORY VOTE ON APPROVAL OF NAMED			For	100000	0	0	0
	EXECUTIVE OFFICER COMPENSATION.
15	SHAREHOLDER PROPOSAL: ANIMAL FUR POLICY.			Against	0	100000	0	0
16	SHAREHOLDER PROPOSAL: SUCCESSION PLANNING			Against	0	100000	0	0
	AND REPORTING.
17	SHAREHOLDER PROPOSAL: EXECUTIVES TO RETAIN			Against	100000	0	0	0
	SIGNIFICANT STOCK.

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Proxy Voting Record


NUCOR CORPORATION
Security:		670346105				Meeting Type:	Annual
Ticker:		NUE				Meeting Date:	10-May-2012
ISIN		US6703461052				Vote Deadline Date:	09-May-2012
Agenda		933573544	Management			Total Ballot Shares:	150000
Last Vote Date:		02-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	CLAYTON C. DALEY, JR.			150000	0	0	0
	2	JOHN J. FERRIOLA			150000	0	0	0
	3	HARVEY B. GANTT			150000	0	0	0
	4	BERNARD L. KASRIEL			150000	0	0	0
2	RATIFICATION OF THE APPOINTMENT OF			For	150000	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS NUCOR'S
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM FOR THE YEAR ENDING DECEMBER 31, 2012
3	STOCKHOLDER PROPOSAL REGARDING MAJORITY			Against	0	150000	0	0
	VOTE

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WASTE MANAGEMENT, INC.
Security:		94106L109				Meeting Type:	Annual
Ticker:		WM				Meeting Date:	10-May-2012
ISIN		US94106L1098				Vote Deadline Date:	09-May-2012
Agenda		933577441	Management			Total Ballot Shares:	630000
Last Vote Date:		19-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: BRADBURY H. ANDERSON			For	630000	0	0	0
2	ELECTION OF DIRECTOR: PASTORA SAN JUAN			For	630000	0	0	0
	CAFFERTY
3	ELECTION OF DIRECTOR: FRANK M. CLARK, JR.			For	630000	0	0	0
4	ELECTION OF DIRECTOR: PATRICK W. GROSS			For	630000	0	0	0
5	ELECTION OF DIRECTOR: JOHN C. POPE			For	630000	0	0	0
6	ELECTION OF DIRECTOR: W. ROBERT REUM			For	630000	0	0	0
7	ELECTION OF DIRECTOR: STEVEN G. ROTHMEIER			For	630000	0	0	0
8	ELECTION OF DIRECTOR: DAVID P. STEINER			For	630000	0	0	0
9	ELECTION OF DIRECTOR: THOMAS H. WEIDEMEYER			For	630000	0	0	0
10	RATIFY THE APPOINTMENT OF ERNST & YOUNG, LLP			For	630000	0	0	0
	AS THE INDEPENDENT REGISTERED PUBLIC
	ACCOUNTING FIRM FOR 2012.
11	TO APPROVE OUR EXECUTIVE COMPENSATION.			For	630000	0	0	0
12	TO AMEND OUR EMPLOYEE STOCK PURCHASE PLAN			For	630000	0	0	0
	TO INCREASE THE NUMBER OF SHARES AUTHORIZED
	FOR ISSUANCE.
13	STOCKHOLDER PROPOSAL RELATING TO A STOCK			Against	0	630000	0	0
	RETENTION POLICY REQUIRING SENIOR EXECUTIVES
	TO RETAIN A SIGNIFICANT PERCENTAGE OF STOCK
	ACQUIRED THROUGH EQUITY PAY PROGRAMS UNTIL
	ONE YEAR FOLLOWING TERMINATION OF
	EMPLOYMENT, IF PROPERLY PRESENTED AT THE
	MEETING.
14	STOCKHOLDER PROPOSAL TO AMEND OUR BY-LAWS			Against	0	630000	0	0
	AND OTHER GOVERNING DOCUMENTS TO GIVE
	STOCKHOLDERS OF THE LOWEST PERCENTAGE OF
	OUR OUTSTANDING COMMON STOCK PERMITTED BY
	STATE LAW THE POWER TO CALL SPECIAL
	STOCKHOLDER MEETINGS, IF PROPERLY
	PRESENTED AT THE MEETING.

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JPMORGAN CHASE & CO.
Security:		46625H100				Meeting Type:	Annual
Ticker:		JPM				Meeting Date:	15-May-2012
ISIN		US46625H1005				Vote Deadline Date:	14-May-2012
Agenda		933581301	Management			Total Ballot Shares:	520000
Last Vote Date:		03-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: JAMES A. BELL			For	520000	0	0	0
2	ELECTION OF DIRECTOR: CRANDALL C. BOWLES			For	520000	0	0	0
3	ELECTION OF DIRECTOR: STEPHEN B. BURKE			For	520000	0	0	0
4	ELECTION OF DIRECTOR: DAVID M. COTE			For	520000	0	0	0
5	ELECTION OF DIRECTOR: JAMES S. CROWN			For	520000	0	0	0
6	ELECTION OF DIRECTOR: JAMES DIMON			For	520000	0	0	0
7	ELECTION OF DIRECTOR: TIMOTHY P. FLYNN			For	520000	0	0	0
8	ELECTION OF DIRECTOR: ELLEN V. FUTTER			For	520000	0	0	0
9	ELECTION OF DIRECTOR: LABAN P. JACKSON, JR.			For	520000	0	0	0
10	ELECTION OF DIRECTOR: LEE R. RAYMOND			For	520000	0	0	0
11	ELECTION OF DIRECTOR: WILLIAM C. WELDON			For	520000	0	0	0
12	APPOINTMENT OF INDEPENDENT REGISTERED			For	520000	0	0	0
	PUBLIC ACCOUNTING FIRM
13	ADVISORY RESOLUTION TO APPROVE EXECUTIVE			For	520000	0	0	0
	COMPENSATION
14	POLITICAL NON-PARTISANSHIP			Against	0	520000	0	0
15	INDEPENDENT DIRECTOR AS CHAIRMAN			Against	0	520000	0	0
16	LOAN SERVICING			Against	0	520000	0	0
17	CORPORATE POLITICAL CONTRIBUTIONS REPORT			Against	0	520000	0	0
18	GENOCIDE-FREE INVESTING			Against	0	520000	0	0
19	SHAREHOLDER ACTION BY WRITTEN CONSENT			Against	0	520000	0	0
20	STOCK RETENTION			Against	0	520000	0	0

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HALLIBURTON COMPANY
Security:		406216101				Meeting Type:	Annual
Ticker:		HAL				Meeting Date:	16-May-2012
ISIN		US4062161017				Vote Deadline Date:	15-May-2012
Agenda		933585082	Management			Total Ballot Shares:	750000
Last Vote Date:		03-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: A.M. BENNETT			For	750000	0	0	0
2	ELECTION OF DIRECTOR: J.R. BOYD			For	750000	0	0	0
3	ELECTION OF DIRECTOR: M. CARROLL			For	750000	0	0	0
4	ELECTION OF DIRECTOR: N.K. DICCIANI			For	750000	0	0	0
5	ELECTION OF DIRECTOR: M.S. GERBER			For	750000	0	0	0
6	ELECTION OF DIRECTOR: S.M. GILLIS			For	750000	0	0	0
7	ELECTION OF DIRECTOR: A.S. JUM'AH			For	750000	0	0	0
8	ELECTION OF DIRECTOR: D.J. LESAR			For	750000	0	0	0
9	ELECTION OF DIRECTOR: R.A. MALONE			For	750000	0	0	0
10	ELECTION OF DIRECTOR: J.L. MARTIN			For	750000	0	0	0
11	ELECTION OF DIRECTOR: D.L. REED			For	750000	0	0	0
12	PROPOSAL FOR RATIFICATION OF THE SELECTION			For	750000	0	0	0
	OF AUDITORS.
13	ADVISORY APPROVAL OF THE COMPANY'S			For	750000	0	0	0
	EXECUTIVE COMPENSATION.
14	PROPOSAL TO AMEND AND RESTATE THE			For	750000	0	0	0
	HALLIBURTON COMPANY STOCK AND INCENTIVE
	PLAN.

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PARTNERRE LTD.
Security:		G6852T105				Meeting Type:	Annual
Ticker:		PRE				Meeting Date:	16-May-2012
ISIN		BMG6852T1053				Vote Deadline Date:	15-May-2012
Agenda		933586440	Management			Total Ballot Shares:	285000
Last Vote Date:		03-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	JAN H. HOLSBOER			285000	0	0	0
	2	ROBERTO MENDOZA			285000	0	0	0
	3	KEVIN M. TWOMEY			285000	0	0	0
	4	DAVID ZWIENER			285000	0	0	0
2	TO RE-APPOINT DELOITTE & TOUCHE LTD., THE			For	285000	0	0	0
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM, AS OUR INDEPENDENT AUDITORS, TO SERVE
	UNTIL THE 2013 ANNUAL GENERAL MEETING, AND TO
	REFER DECISIONS ABOUT THE AUDITORS'
	COMPENSATION TO THE BOARD OF DIRECTORS.
3	TO APPROVE AMENDMENTS TO OUR 2003 NON-			For	285000	0	0	0
	EMPLOYEE DIRECTORS SHARE PLAN, AS AMENDED
	AND RESTATED.
4	TO APPROVE THE EXECUTIVE COMPENSATION			For	285000	0	0	0
	DISCLOSED PURSUANT TO ITEM 402 REGULATION S-K
	(NON-BINDING ADVISORY VOTE).

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ALPHA NATURAL RESOURCES, INC.
Security:		02076X102				Meeting Type:	Annual
Ticker:		ANR				Meeting Date:	17-May-2012
ISIN		US02076X1028				Vote Deadline Date:	16-May-2012
Agenda		933588937	Management			Total Ballot Shares:	467700
Last Vote Date:		03-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: KEVIN S. CRUTCHFIELD			For	467700	0	0	0
2	ELECTION OF DIRECTOR: WILLIAM J. CROWLEY, JR.			For	467700	0	0	0
3	ELECTION OF DIRECTOR: E. LINN DRAPER, JR.			For	467700	0	0	0
4	ELECTION OF DIRECTOR: GLENN A. EISENBERG			For	467700	0	0	0
5	ELECTION OF DIRECTOR: P. MICHAEL GIFTOS			For	467700	0	0	0
6	ELECTION OF DIRECTOR: DEBORAH M. FRETZ			For	467700	0	0	0
7	ELECTION OF DIRECTOR: JOEL RICHARDS, III			For	467700	0	0	0
8	ELECTION OF DIRECTOR: JAMES F. ROBERTS			For	467700	0	0	0
9	ELECTION OF DIRECTOR: TED G. WOOD			For	467700	0	0	0
10	APPROVAL OF THE 2012 LONG-TERM INCENTIVE			For	467700	0	0	0
	PLAN.
11	ADVISORY APPROVAL OF THE COMPANY'S			For	467700	0	0	0
	EXECUTIVE COMPENSATION.
12	RATIFICATION OF INDEPENDENT REGISTERED			For	467700	0	0	0
	PUBLIC ACCOUNTING FIRM, KPMG LLP.

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REPUBLIC SERVICES, INC.
Security:		760759100				Meeting Type:	Annual
Ticker:		RSG				Meeting Date:	17-May-2012
ISIN		US7607591002				Vote Deadline Date:	16-May-2012
Agenda		933587341	Management			Total Ballot Shares:	957100
Last Vote Date:		03-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: JAMES W. CROWNOVER			For	957100	0	0	0
2	ELECTION OF DIRECTOR: WILLIAM J. FLYNN			For	957100	0	0	0
3	ELECTION OF DIRECTOR: MICHAEL LARSON			For	957100	0	0	0
4	ELECTION OF DIRECTOR: NOLAN LEHMANN			For	957100	0	0	0
5	ELECTION OF DIRECTOR: W. LEE NUTTER			For	957100	0	0	0
6	ELECTION OF DIRECTOR: RAMON A. RODRIGUEZ			For	957100	0	0	0
7	ELECTION OF DIRECTOR: DONALD W. SLAGER			For	957100	0	0	0
8	ELECTION OF DIRECTOR: ALLAN C. SORENSEN			For	957100	0	0	0
9	ELECTION OF DIRECTOR: JOHN M. TRANI			For	957100	0	0	0
10	ELECTION OF DIRECTOR: MICHAEL W. WICKHAM			For	957100	0	0	0
11	ADVISORY VOTE TO APPROVE THE COMPENSATION			For	957100	0	0	0
	OF OUR NAMED EXECUTIVE OFFICERS.
12	RATIFICATION OF THE APPOINTMENT OF ERNST &			For	957100	0	0	0
	YOUNG LLP AS THE COMPANY'S INDEPENDENT
	REGISTERED PUBLIC ACCOUNTANTS FOR 2012.
13	STOCKHOLDER PROPOSAL REGARDING PAYMENTS			Against	0	0	957100	0
	UPON THE DEATH OF A SENIOR EXECUTIVE.
14	STOCKHOLDER PROPOSAL REGARDING POLITICAL			Against	0	957100	0	0
	CONTRIBUTIONS AND EXPENDITURES.

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AON PLC
Security:		G0408V102				Meeting Type:	Annual
Ticker:		AON				Meeting Date:	18-May-2012
ISIN		GB00B5BT0K07				Vote Deadline Date:	17-May-2012
Agenda		933610075	Management			Total Ballot Shares:	330492
Last Vote Date:		30-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: LESTER B. KNIGHT			For	330492	0	0	0
2	ELECTION OF DIRECTOR: GREGORY C. CASE			For	330492	0	0	0
3	ELECTION OF DIRECTOR: FULVIO CONTI			For	330492	0	0	0
4	ELECTION OF DIRECTOR: CHERYL A. FRANCIS			For	330492	0	0	0
5	ELECTION OF DIRECTOR: EDGAR D. JANNOTTA			For	330492	0	0	0
6	ELECTION OF DIRECTOR: J. MICHAEL LOSH			For	330492	0	0	0
7	ELECTION OF DIRECTOR: ROBERT S. MORRISON			For	330492	0	0	0
8	ELECTION OF DIRECTOR: RICHARD B. MYERS			For	330492	0	0	0
9	ELECTION OF DIRECTOR: RICHARD C. NOTEBAERT			For	330492	0	0	0
10	ELECTION OF DIRECTOR: GLORIA SANTONA			For	330492	0	0	0
11	ELECTION OF DIRECTOR: CAROLYN Y. WOO			For	330492	0	0	0
12	RATIFICATION OF THE APPOINTMENT OF ERNST &			For	330492	0	0	0
	YOUNG LLP AS AON'S INDEPENDENT REGISTERED
	PUBLIC ACCOUNTING FIRM.
13	ADVISORY VOTE TO APPROVE EXECUTIVE			For	330492	0	0	0
	COMPENSATION.

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CYTOKINETICS, INCORPORATED
Security:		23282W100				Meeting Type:	Annual
Ticker:		CYTK				Meeting Date:	22-May-2012
ISIN		US23282W1009				Vote Deadline Date:	21-May-2012
Agenda		933602749	Management			Total Ballot Shares:	529900
Last Vote Date:		20-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	ROBERT I. BLUM			529900	0	0	0
	2	DENISE M. GILBERT			529900	0	0	0
	3	SANDFORD D. SMITH			529900	0	0	0
2	RATIFICATION OF SELECTION OF			For	529900	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS THE
	INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM OF CYTOKINETICS, INCORPORATED FOR THE
	FISCAL YEAR ENDING DECEMBER 31, 2012.
3	APPROVAL OF AMENDMENT TO THE 2004 EQUITY			For	529900	0	0	0
	INCENTIVE PLAN, AS AMENDED, TO INCREASE THE
	NUMBER OF AUTHORIZED SHARES RESERVED FOR
	ISSUANCE THEREUNDER BY 2,500,000 SHARES.

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GEORGIA GULF CORPORATION
Security:		373200302				Meeting Type:	Annual
Ticker:		GGC				Meeting Date:	22-May-2012
ISIN		US3732003021				Vote Deadline Date:	21-May-2012
Agenda		933611469	Management			Total Ballot Shares:	101501
Last Vote Date:		07-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: PAUL D. CARRICO			For	101501	0	0	0
2	ELECTION OF DIRECTOR: T. KEVIN DENICOLA			For	101501	0	0	0
3	ELECTION OF DIRECTOR: PATRICK J. FLEMING			For	101501	0	0	0
4	ELECTION OF DIRECTOR: ROBERT M. GERVIS			For	101501	0	0	0
5	ELECTION OF DIRECTOR: WAYNE C. SALES			For	101501	0	0	0
6	PROPOSAL TO APPROVE, ON AN ADVISORY BASIS,			For	101501	0	0	0
	THE COMPENSATION OF THE COMPANY'S NAMED
	EXECUTIVE OFFICERS.
7	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST			For	101501	0	0	0
	& YOUNG LLP TO SERVE AS THE INDEPENDENT
	REGISTERED PUBLIC ACCOUNTING FIRM FOR THE
	YEAR ENDING DECEMBER 31, 2012.

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WEATHERFORD INTERNATIONAL LTD
Security:		H27013103				Meeting Type:	Annual
Ticker:		WFT				Meeting Date:	23-May-2012
ISIN		CH0038838394				Vote Deadline Date:	22-May-2012
Agenda		933622145	Management			Total Ballot Shares:	2050000
Last Vote Date:		03-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	APPROVAL OF THE 2011 ANNUAL REPORT, THE			For	2050000	0	0	0
	CONSOLIDATED FINANCIAL STATEMENTS OF
	WEATHERFORD INTERNATIONAL LTD. FOR THE YEAR
	ENDED DECEMBER 31, 2011 AND THE STATUTORY
	FINANCIAL STATEMENTS OF WEATHERFORD
	INTERNATIONAL LTD. FOR THE YEAR ENDED
	DECEMBER 31, 2011.
2	DISCHARGE OF THE BOARD OF DIRECTORS AND			For	2050000	0	0	0
	EXECUTIVE OFFICERS FROM LIABILITY UNDER SWISS
	LAW FOR ACTIONS OR OMISSIONS DURING THE YEAR
	ENDED DECEMBER 31, 2011.
3	ELECTION OF DIRECTOR: BERNARD J. DUROC-			For	2050000	0	0	0
	DANNER
4	ELECTION OF DIRECTOR: SAMUEL W. BODMAN, III			For	2050000	0	0	0
5	ELECTION OF DIRECTOR: NICHOLAS F. BRADY			For	2050000	0	0	0
6	ELECTION OF DIRECTOR: DAVID J. BUTTERS			For	2050000	0	0	0
7	ELECTION OF DIRECTOR: WILLIAM E. MACAULAY			For	2050000	0	0	0
8	ELECTION OF DIRECTOR: ROBERT K. MOSES, JR.			For	2050000	0	0	0
9	ELECTION OF DIRECTOR: GUILLERMO ORTIZ			For	2050000	0	0	0
10	ELECTION OF DIRECTOR: EMYR JONES PARRY			For	2050000	0	0	0
11	ELECTION OF DIRECTOR: ROBERT A. RAYNE			For	2050000	0	0	0
12	RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP			For	2050000	0	0	0
	AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
	FIRM FOR YEAR ENDING DECEMBER 31, 2012 AND
	THE RE-ELECTION OF ERNST & YOUNG LTD, ZURICH
	AS STATUTORY AUDITOR FOR YEAR ENDING
	DECEMBER 31, 2012.

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Item	Proposal	Recommendation	For	Against	Abstain	Take No Action
13	APPROVAL OF AN AMENDMENT TO THE ARTICLES OF	For	2050000	0	0	0
	ASSOCIATION TO EXTEND THE BOARD'S
	AUTHORIZATION TO ISSUE SHARES FROM
	AUTHORIZED SHARE CAPITAL TO MAY 23, 2014 AND
	TO INCREASE ISSUABLE AUTHORIZED CAPITAL TO AN
	AMOUNT EQUAL TO 50% OF CURRENT STATED
	CAPITAL.
14	APPROVAL OF AN AMENDMENT TO THE	For	2050000	0	0	0
	WEATHERFORD INTERNATIONAL LTD. 2010 OMNIBUS
	INCENTIVE PLAN TO INCREASE THE NUMBER OF
	SHARES ISSUABLE UNDER THE PLAN TO 28,144,000
	SHARES.
15	APPROVAL OF AN ADVISORY RESOLUTION	For	2050000	0	0	0
	REGARDING EXECUTIVE COMPENSATION.

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APACHE CORPORATION
Security:		037411105				Meeting Type:	Annual
Ticker:		APA				Meeting Date:	24-May-2012
ISIN		US0374111054				Vote Deadline Date:	23-May-2012
Agenda		933591100	Management			Total Ballot Shares:	296478
Last Vote Date:		16-Apr-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: SCOTT D. JOSEY			For	296478	0	0	0
2	ELECTION OF DIRECTOR: GEORGE D. LAWRENCE			For	296478	0	0	0
3	ELECTION OF DIRECTOR: RODMAN D. PATTON			For	296478	0	0	0
4	ELECTION OF DIRECTOR: CHARLES J. PITMAN			For	296478	0	0	0
5	RATIFICATION OF ERNST & YOUNG LLP AS APACHE'S			For	296478	0	0	0
	INDEPENDENT AUDITORS
6	ADVISORY VOTE TO APPROVE THE COMPENSATION			For	296478	0	0	0
	OF APACHE'S NAMED EXECUTIVE OFFICERS
7	SHAREHOLDER PROPOSAL TO REPEAL APACHE'S			Against	0	296478	0	0
	CLASSIFIED BOARD OF DIRECTORS

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NELNET, INC.
Security:		64031N108				Meeting Type:	Annual
Ticker:		NNI				Meeting Date:	24-May-2012
ISIN		US64031N1081				Vote Deadline Date:	23-May-2012
Agenda		933597669	Management			Total Ballot Shares:	645000
Last Vote Date:		03-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: MICHAEL S. DUNLAP			For	645000	0	0	0
2	ELECTION OF DIRECTOR: STEPHEN F. BUTTERFIELD			For	645000	0	0	0
3	ELECTION OF DIRECTOR: JAMES P. ABEL			For	645000	0	0	0
4	ELECTION OF DIRECTOR: WILLIAM R. CINTANI			For	645000	0	0	0
5	ELECTION OF DIRECTOR: KATHLEEN A. FARRELL			For	645000	0	0	0
6	ELECTION OF DIRECTOR: THOMAS E. HENNING			For	645000	0	0	0
7	ELECTION OF DIRECTOR: KIMBERLY K. RATH			For	645000	0	0	0
8	ELECTION OF DIRECTOR: MICHAEL D. REARDON			For	645000	0	0	0
9	RATIFY THE APPOINTMENT OF KPMG LLP AS THE			For	645000	0	0	0
	COMPANY'S INDEPENDENT REGISTERED PUBLIC
	ACCOUNTING FIRM FOR 2012.
10	ADVISORY APPROVAL OF THE COMPANY'S			For	645000	0	0	0
	EXECUTIVE COMPENSATION.

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WAL-MART STORES, INC.
Security:		931142103				Meeting Type:	Annual
Ticker:		WMT				Meeting Date:	01-Jun-2012
ISIN		US9311421039				Vote Deadline Date:	31-May-2012
Agenda		933607408	Management			Total Ballot Shares:	191050
Last Vote Date:		03-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: AIDA M. ALVAREZ			For	191050	0	0	0
2	ELECTION OF DIRECTOR: JAMES W. BREYER			For	191050	0	0	0
3	ELECTION OF DIRECTOR: M. MICHELE BURNS			For	191050	0	0	0
4	ELECTION OF DIRECTOR: JAMES I. CASH, JR.			For	191050	0	0	0
5	ELECTION OF DIRECTOR: ROGER C. CORBETT			For	191050	0	0	0
6	ELECTION OF DIRECTOR: DOUGLAS N. DAFT			For	191050	0	0	0
7	ELECTION OF DIRECTOR: MICHAEL T. DUKE			For	191050	0	0	0
8	ELECTION OF DIRECTOR: MARISSA A. MAYER			For	191050	0	0	0
9	ELECTION OF DIRECTOR: GREGORY B. PENNER			For	191050	0	0	0
10	ELECTION OF DIRECTOR: STEVEN S REINEMUND			For	191050	0	0	0
11	ELECTION OF DIRECTOR: H. LEE SCOTT, JR.			For	191050	0	0	0
12	ELECTION OF DIRECTOR: ARNE M. SORENSON			For	191050	0	0	0
13	ELECTION OF DIRECTOR: JIM C. WALTON			For	191050	0	0	0
14	ELECTION OF DIRECTOR: S. ROBSON WALTON			For	191050	0	0	0
15	ELECTION OF DIRECTOR: CHRISTOPHER J. WILLIAMS			For	191050	0	0	0
16	ELECTION OF DIRECTOR: LINDA S. WOLF			For	191050	0	0	0
17	RATIFICATION OF ERNST & YOUNG LLP AS			For	191050	0	0	0
	INDEPENDENT ACCOUNTANTS
18	ADVISORY VOTE TO APPROVE NAMED EXECUTIVE			For	191050	0	0	0
	OFFICER COMPENSATION
19	POLITICAL CONTRIBUTIONS REPORT			Against	191050	0	0	0
20	DIRECTOR NOMINATION POLICY			Against	0	191050	0	0
21	REPORT REGARDING INCENTIVE COMPENSATION			Against	0	191050	0	0
	PROGRAMS

Page 57 of 64

Proxy Voting Record


DEVON ENERGY CORPORATION
Security:		25179M103				Meeting Type:	Annual
Ticker:		DVN				Meeting Date:	06-Jun-2012
ISIN		US25179M1036				Vote Deadline Date:	05-Jun-2012
Agenda		933612839	Management			Total Ballot Shares:	130062
Last Vote Date:		01-Jun-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	ROBERT H. HENRY			130062	0	0	0
	2	JOHN A. HILL			130062	0	0	0
	3	MICHAEL M. KANOVSKY			130062	0	0	0
	4	ROBERT A. MOSBACHER, JR			130062	0	0	0
	5	J. LARRY NICHOLS			130062	0	0	0
	6	DUANE C. RADTKE			130062	0	0	0
	7	MARY P. RICCIARDELLO			130062	0	0	0
	8	JOHN RICHELS			130062	0	0	0
2	APPROVE, IN AN ADVISORY VOTE, EXECUTIVE			For	130062	0	0	0
	COMPENSATION.
3	RATIFY THE APPOINTMENT OF THE INDEPENDENT			For	130062	0	0	0
	AUDITORS FOR 2012.
4	APPROVE AMENDING THE AMENDED AND RESTATED			For	130062	0	0	0
	CERTIFICATE OF INCORPORATION TO GRANT
	STOCKHOLDERS THE RIGHT TO CALL A SPECIAL
	MEETING.
5	APPROVE THE 2012 INCENTIVE COMPENSATION			For	130062	0	0	0
	PLAN.
6	APPROVE THE 2012 AMENDMENT TO THE 2009 LONG-			For	130062	0	0	0
	TERM INCENTIVE COMPENSATION PLAN.
7	REPORT ON THE DISCLOSURE OF LOBBYING			Against	0	130062	0	0
	POLICIES AND PRACTICES.

Page 58 of 64

Proxy Voting Record


IDENIX PHARMACEUTICALS, INC.
Security:		45166R204				Meeting Type:	Annual
Ticker:		IDIX				Meeting Date:	07-Jun-2012
ISIN		US45166R2040				Vote Deadline Date:	06-Jun-2012
Agenda		933627525	Management			Total Ballot Shares:	124306
Last Vote Date:		04-Jun-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	BRIAN GOFF			124306	0	0	0
	2	W.T. HOCKMEYER, PH.D.			124306	0	0	0
	3	THOMAS R. HODGSON			124306	0	0	0
	4	TAMAR D. HOWSON			124306	0	0	0
	5	ROBERT E. PELZER			124306	0	0	0
	6	D. POLLARD-KNIGHT, PH.D			124306	0	0	0
	7	RONALD C. RENAUD, JR.			124306	0	0	0
	8	MICHAEL S. WYZGA			124306	0	0	0
2	TO APPROVE THE ADOPTION OF THE 2012 STOCK			For	124306	0	0	0
	INCENTIVE PLAN.
3	TO RATIFY THE SELECTION OF			For	124306	0	0	0
	PRICEWATERHOUSECOOPERS LLP AS THE
	COMPANY'S INDEPENDENT REGISTERED PUBLIC
	ACCOUNTING FIRM FOR THE CURRENT FISCAL YEAR
	ENDING DECEMBER 31, 2012.

Page 59 of 64

Proxy Voting Record


CELGENE CORPORATION
Security:		151020104				Meeting Type:	Annual
Ticker:		CELG				Meeting Date:	13-Jun-2012
ISIN		US1510201049				Vote Deadline Date:	12-Jun-2012
Agenda		933620189	Management			Total Ballot Shares:	150000
Last Vote Date:		31-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	ROBERT J. HUGIN			150000	0	0	0
	2	R.W. BARKER, D. PHIL.			150000	0	0	0
	3	MICHAEL D. CASEY			150000	0	0	0
	4	CARRIE S. COX			150000	0	0	0
	5	RODMAN L. DRAKE			150000	0	0	0
	6	M.A. FRIEDMAN, M.D.			150000	0	0	0
	7	GILLA KAPLAN, PH.D.			150000	0	0	0
	8	JAMES J. LOUGHLIN			150000	0	0	0
	9	ERNEST MARIO, PH.D.			150000	0	0	0
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP			For	150000	0	0	0
	AS THE COMPANY'S INDEPENDENT REGISTERED
	PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR
	ENDING DECEMBER 31, 2012.
3	APPROVAL OF AN AMENDMENT TO THE COMPANY'S			For	150000	0	0	0
	2008 STOCK INCENTIVE PLAN.
4	APPROVAL, BY NON-BINDING VOTE, OF EXECUTIVE			For	150000	0	0	0
	COMPENSATION OF THE COMPANY'S NAMED
	EXECUTIVE OFFICERS.
5	STOCKHOLDER PROPOSAL DESCRIBED IN MORE			Against	0	150000	0	0
	DETAIL IN THE PROXY STATEMENT.

Page 60 of 64

Proxy Voting Record


TARGET CORPORATION
Security:		87612E106				Meeting Type:	Annual
Ticker:		TGT				Meeting Date:	13-Jun-2012
ISIN		US87612E1064				Vote Deadline Date:	12-Jun-2012
Agenda		933623539	Management			Total Ballot Shares:	460000
Last Vote Date:		31-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: ROXANNE S. AUSTIN			For	460000	0	0	0
2	ELECTION OF DIRECTOR: CALVIN DARDEN			For	460000	0	0	0
3	ELECTION OF DIRECTOR: MARY N. DILLON			For	460000	0	0	0
4	ELECTION OF DIRECTOR: JAMES A. JOHNSON			For	460000	0	0	0
5	ELECTION OF DIRECTOR: MARY E. MINNICK			For	460000	0	0	0
6	ELECTION OF DIRECTOR: ANNE M. MULCAHY			For	460000	0	0	0
7	ELECTION OF DIRECTOR: DERICA W. RICE			For	460000	0	0	0
8	ELECTION OF DIRECTOR: STEPHEN W. SANGER			For	460000	0	0	0
9	ELECTION OF DIRECTOR: GREGG W. STEINHAFEL			For	460000	0	0	0
10	ELECTION OF DIRECTOR: JOHN G. STUMPF			For	460000	0	0	0
11	ELECTION OF DIRECTOR: SOLOMON D. TRUJILLO			For	460000	0	0	0
12	COMPANY PROPOSAL TO RATIFY THE APPOINTMENT			For	460000	0	0	0
	OF ERNST & YOUNG LLP AS OUR INDEPENDENT
	REGISTERED PUBLIC ACCOUNTING FIRM.
13	COMPANY PROPOSAL TO APPROVE THE TARGET			For	460000	0	0	0
	CORPORATION OFFICER SHORT-TERM INCENTIVE
	PLAN.
14	COMPANY PROPOSAL TO APPROVE, ON AN			For	460000	0	0	0
	ADVISORY BASIS,OUR EXECUTIVE COMPENSATION
	("SAY-ON-PAY").
15	SHAREHOLDER PROPOSAL ON ELECTRONICS			Against	0	460000	0	0
	RECYCLING.
16	SHAREHOLDER PROPOSAL ON PROHIBITING USE OF			Against	460000	0	0	0
	CORPORATE FUNDS FOR POLITICAL ELECTIONS OR
	CAMPAIGNS.

Page 61 of 64

Proxy Voting Record


THE TJX COMPANIES, INC.
Security:		872540109				Meeting Type:	Annual
Ticker:		TJX				Meeting Date:	13-Jun-2012
ISIN		US8725401090				Vote Deadline Date:	12-Jun-2012
Agenda		933628995	Management			Total Ballot Shares:	2140708
Last Vote Date:		11-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: ZEIN ABDALLA			For	2140708	0	0	0
2	ELECTION OF DIRECTOR: JOSE B. ALVAREZ			For	2140708	0	0	0
3	ELECTION OF DIRECTOR: ALAN M. BENNETT			For	2140708	0	0	0
4	ELECTION OF DIRECTOR: BERNARD CAMMARATA			For	2140708	0	0	0
5	ELECTION OF DIRECTOR: DAVID T. CHING			For	2140708	0	0	0
6	ELECTION OF DIRECTOR: MICHAEL F. HINES			For	2140708	0	0	0
7	ELECTION OF DIRECTOR: AMY B. LANE			For	2140708	0	0	0
8	ELECTION OF DIRECTOR: CAROL MEYROWITZ			For	2140708	0	0	0
9	ELECTION OF DIRECTOR: JOHN F. O'BRIEN			For	2140708	0	0	0
10	ELECTION OF DIRECTOR: WILLOW B. SHIRE			For	2140708	0	0	0
11	RATIFICATION OF APPOINTMENT OF INDEPENDENT			For	2140708	0	0	0
	REGISTERED PUBLIC ACCOUNTING FIRM.
12	APPROVAL OF MATERIAL TERMS OF EXECUTIVE			For	2140708	0	0	0
	OFFICER PERFORMANCE GOALS UNDER CASH
	INCENTIVE PLANS.
13	ADVISORY APPROVAL OF TJX'S EXECUTIVE			For	2140708	0	0	0
	COMPENSATION.

Page 62 of 64

Proxy Voting Record


FREEPORT-MCMORAN COPPER & GOLD INC.
Security:		35671D857				Meeting Type:	Annual
Ticker:		FCX				Meeting Date:	14-Jun-2012
ISIN		US35671D8570				Vote Deadline Date:	13-Jun-2012
Agenda		933621989	Management			Total Ballot Shares:	200000
Last Vote Date:		01-Jun-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	DIRECTOR			For
	1	RICHARD C. ADKERSON			200000	0	0	0
	2	ROBERT J. ALLISON, JR.			200000	0	0	0
	3	ROBERT A. DAY			200000	0	0	0
	4	GERALD J. FORD			200000	0	0	0
	5	H. DEVON GRAHAM, JR.			200000	0	0	0
	6	CHARLES C. KRULAK			200000	0	0	0
	7	BOBBY LEE LACKEY			200000	0	0	0
	8	JON C. MADONNA			200000	0	0	0
	9	DUSTAN E. MCCOY			200000	0	0	0
	10	JAMES R. MOFFETT			200000	0	0	0
	11	B. M. RANKIN, JR.			200000	0	0	0
	12	STEPHEN H. SIEGELE			200000	0	0	0
2	APPROVAL, ON AN ADVISORY BASIS, OF THE			For	200000	0	0	0
	COMPENSATION OF OUR NAMED EXECUTIVE
	OFFICERS.
3	RATIFICATION OF THE APPOINTMENT OF ERNST &			For	200000	0	0	0
	YOUNG LLP AS OUR INDEPENDENT REGISTERED
	PUBLIC ACCOUNTING FIRM.
4	STOCKHOLDER PROPOSAL REGARDING THE			Against	0	200000	0	0
	SELECTION OF A CANDIDATE WITH ENVIRONMENTAL
	EXPERTISE TO BE RECOMMENDED FOR ELECTION TO
	THE BOARD OF DIRECTORS.

Page 63 of 64

Proxy Voting Record


VISTEON CORPORATION
Security:		92839U206				Meeting Type:	Annual
Ticker:		VC				Meeting Date:	14-Jun-2012
ISIN		US92839U2069				Vote Deadline Date:	13-Jun-2012
Agenda		933621763	Management			Total Ballot Shares:	275713
Last Vote Date:		31-May-2012
Item	Proposal			Recommendation	For	Against	Abstain	Take No Action
1	ELECTION OF DIRECTOR: DUNCAN H. COCROFT			For	275713	0	0	0
2	ELECTION OF DIRECTOR: KEVIN I. DOWD			For	275713	0	0	0
3	ELECTION OF DIRECTOR: JEFFREY D. JONES			For	275713	0	0	0
4	ELECTION OF DIRECTOR: TIMOTHY D. LEULIETTE			For	275713	0	0	0
5	ELECTION OF DIRECTOR: ROBERT MANZO			For	275713	0	0	0
6	ELECTION OF DIRECTOR: DONALD J. STEBBINS			For	275713	0	0	0
7	ELECTION OF DIRECTOR: HARRY J. WILSON			For	275713	0	0	0
8	RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP			For	275713	0	0	0
	AS THE COMPANY'S INDEPENDENT REGISTERED
	PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2012.
9	PROVIDE ADVISORY APPROVAL OF THE COMPANY'S			For	275713	0	0	0
	EXECUTIVE COMPENSATION.
Item	Proposal			Recommendation	1 Year	2 Years	3 Years	Abstain	Take No
									Action
10	PROVIDE AN ADVISORY VOTE ON THE FREQUENCY			1 Year	275713	0	0	0	0
	OF THE ADVISORY VOTE ON EXECUTIVE
	COMPENSATION.

Page 64 of 64

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Registrant	General American Investors Company, Inc.
By (Signature and Title)*	/s/Spencer Davidson

Spencer Davidson, Chairman & Chief Executive Officer
(Principal Executive Officer)

Date: August 30, 2012

*Print name and title of each signing officer under his or her signature