<DOCUMENT>
<TYPE>N-PX
<SEQUENCE>1
<FILENAME>g18466india_n-px.txt
<DESCRIPTION>OPPENHEIMER- INDIA FUND N-PX
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-PX

               ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                        MANAGEMENT INVESTMENT COMPANIES

                  Investment Company Act file number 811-08266

                              THE INDIA FUND, INC.
               (Exact name of registrant as specified in charter)

                                 200 PARK AVENUE
                               NEW YORK, NY 10166
               (Address of principal executive offices) (Zip code)

                         SIMPSON THACHER & BARTLETT LLP
                              425 LEXINGTON AVENUE
                               NEW YORK, NY 10017
                     (Name and address of agent for service)

        Registrant's telephone number, including area code: 212-667-4939

                      Date of fiscal year end: DECEMBER 31

             Date of reporting period: JULY 1, 2004 - JUNE 30, 2005

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 (ss.ss.  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 there under (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, 450 Fifth Street, NW, Washington,
DC 20549-0609.  The OMB has reviewed this  collection of  information  under the
clearance requirements of 44 U.S.C. ss. 3507.

<PAGE>

                               PROXY VOTING RECORD

                    FOR PERIOD JULY 1, 2004 TO JUNE 30, 2005

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>         <C>         <C>                   <C>           <C>            <C>      <C>
 State Bank of     SBIN IN   6100799  07/09/04     Mumbai      To receive Central   Management         Yes         For        For
     India                                                    Board's Report, the
                                                                Balance Sheet and
                                                                 Profit and Loss
                                                              account of the bank
                                                              made up to the 31st
                                                              March, 2004 and the
                                                              Auditors' Report on
                                                                the Balance Sheet
                                                                  and accounts.

    Housing        HDFC IN   6171900  07/19/04     Mumbai        To consider and    Management         Yes         For        For
  Development                                                   adopt the audited
    Finance                                                   financial statements
  Corporation
                                                              To declare dividend   Management         Yes         For        For
                                                                on equity shares

                                                                  To appoint a      Management         Yes         For        For
                                                              director in place of
                                                                Keshub Mahindra,
                                                                  eligible for
                                                                 re-appointment

                                                                  To appoint a      Management         Yes         For        For
                                                              director in place of
                                                                D. M. Sukthankar,
                                                                  eligible for
                                                                 re-appointment

                                                                  To appoint a      Management         Yes         For        For
                                                              director in place of
                                                                  N. M Munjee,
                                                                  eligible for
                                                                 re-appointment

                                                                  To appoint a      Management         Yes         For        For
                                                              director in place of
                                                                D. M. Satwalekar,
                                                                  eligible for
                                                                 re-appointment

                                                              To appoint auditors   Management         Yes         For        For
                                                                and to fix their
                                                                  remuneration

                                                              To re-appoint Messrs  Management         Yes         For        For
                                                              Pannell Kerr Forster
                                                               as branch auditors
                                                                    for Dubai

                                                                To pay commission   Management         Yes       Against    Against
                                                              subject to 1% of Net
                                                                profit ceiling in
                                                              addition to sitting
                                                                fees to non-whole
                                                                 time directors

                                                                To authorize the    Management         Yes         For        For
                                                              directors to borrow
                                                               money from time to
                                                              time for the purpose
                                                                 of business of
                                                              corporation, subject
                                                               to the total money
                                                               outstanding At any
                                                              time will not exceed
                                                                Rs.50,000 crore.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>          <C>    <C>          <C>         <C>                   <C>             <C>          <C>      <C>
                                                                To authorize the    Managemnet         Yes         For        For
                                                              directors to create,
                                                                offer, issue And
                                                              allot in one or more
                                                              tranches and in one
                                                                     or more

                                                                   Private or
                                                                  preferential
                                                               offerings, foreign
                                                                 currency bonds,
                                                                 debentures, or
                                                                 warrants or any
                                                                other instrument
                                                              whether convertible
                                                               or otherwise of an
                                                               aggregate value up
                                                               to USD 500 million

  Tata Motors      TTMT IN   6101509  07/08/04     Mumbai       Receive, consider   Managemnet         Yes         For        For
    Limited                                                   and adopt financial
                                                              statements as of 31
                                                                   March 2004

                                                               To confirm payment   Management         Yes         For        For
                                                              of interim dividend
                                                              and declare dividend
                                                               on ordinary shares

                                                              To appoint director   Management         Yes         For        For
                                                              in place of Ratan N
                                                                      Tata

                                                              To appoint director   Management         Yes         For        For
                                                                  in place of R
                                                                 Gopalakrishnan

                                                              To appoint director   Management         Yes         For        For
                                                              in place of S A Naik

                                                              To appoint auditors   Management         Yes         For        For
                                                                  and fix their
                                                                  remuneration

                                                              To alter Memorandum   Management       Abstain
                                                                 of Association

                                                              To alter Articles of  Management       Abstain
                                                                   Association

                                                               To revise terms of   Management         Yes         For        For
                                                              remuneration of Ravi
                                                                 Kant, Executive
                                                                    Director

                                                               To revise terms of   Manegement         Yes         For        For
                                                                 remuneration of
                                                                 Praveen Kadle,
                                                               Executive Director

                                                               To revise terms of   Management         Yes         For        For
                                                                remuneration of V
                                                                    Sumantran

   Oriental        OBC IN    6121507  07/07/04    New Delhi      To consider and    Management    Not Attended
    Bank of                                                     adopt the audited
   Commerce                                                   financial statements
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>          <C>    <C>          <C>         <C>                   <C>           <C>            <C>      <C>
                                                              To delist the equity  Management    Not Attended
                                                                 shares from the
                                                              Delhi Stock Exchange
                                                              Association Limited

   Indo Gulf       IGFL IN   6605476  08/10/04    Sultanpur      To consider and    Management    Not Attended
  Fertilisers                                                   adopt the audited
    Limited                                                         financial
                                                                   statements.

                                                              To declare dividend   Management    Not Attended
                                                                on equity shares

                                                                  To appoint a      Management    Not Attended
                                                              director in place of
                                                                Rajashree Birla,
                                                                  eligible for
                                                                 re-appointment

                                                                  To appoint a      Management    Not Attended
                                                              director in place of
                                                                 M. C. Bagrodia,
                                                                  eligible for
                                                                 re-appointment

                                                                  To appoint a      Management    Not Attended
                                                              director in place of
                                                                  Pravir Kumar,
                                                                  eligible for
                                                                 re-appointment

                                                              To appoint M/s Lodha  Management    Not Attended
                                                                & Co. and to fix
                                                               their remuneration

                                                                To appoint Rajesh   Management    Not Attended
                                                                Jain as Managing
                                                              Director for 5 years
                                                               and to approve his
                                                                  remuneration

    Grasim        GRASIM IN  6099927  07/17/04      Nagda        To consider and    Management    Not Attended
  Industries                                                    adopt the audited
    Limited                                                   financial statements

                                                              To declare dividend   Management    Not Attended
                                                                on equity shares

                                                                  To appoint a      Management    Not Attended
                                                              director in place of
                                                                 Kumar Mangalam
                                                              Birla, eligible for
                                                                 re-appointment

                                                                  To appoint a      Management    Not Attended
                                                              director in place of
                                                              M. L. Apte, eligible
                                                               for re-appointment

                                                                  To appoint a      Management    Not Attended
                                                              director in place of
                                                                  Cyril Shroff,
                                                                  eligible for
                                                                 re-appointment

                                                                To appoint Y. P.    Management    Not Attended
                                                                Gupta as director
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
                                                              To appoint auditors   Management    Not Attended
                                                              and branch auditors
                                                                and to fix their
                                                                  remuneration

                                                                  To re-appoint     Management    Not Attended
                                                               Shailendra K. Jain
                                                                  as Whole-time
                                                              director of company
                                                               for 3 Years and to
                                                                   approve his
                                                                  remuneration

                                                                To pay commission   Management    Not Attended
                                                               subject to 0.5% of
                                                               net profit ceiling
                                                                 in addition to
                                                                 sitting fees to
                                                                 non-whole time
                                                                    directors

    Biocon         BIOS IN   6741251  07/15/04    Bangalore      To consider and    Management    Not Attended
  Industries                                                    adopt the audited
    Limited                                                   financial statements

                                                              To declare dividend   Management    Not Attended
                                                              of Re. 1 per equity
                                                                     shares

                                                                  To appoint a      Management    Not Attended
                                                              director in place of
                                                                  Prof. Charles
                                                              Cooney, eligible for
                                                                 re-appointment

                                                                  To appoint a      Management    Not Attended
                                                              director in place of
                                                               Ms. Kiran Mazumdar
                                                               Shaw, eligible for
                                                                 re-appointment

                                                              To appoint auditors   Management    Not Attended
                                                                and to fix their
                                                                  remuneration

                                                              To appoint Mr. John    Mangement    Not Attended
                                                               Shaw as Whole-time
                                                              director of company
                                                                 for 5 Years, to
                                                                designate him as
                                                              Vice Chairman and to
                                                                   approve his
                                                                  remuneration

                                                              To approve revision   Management    Not Attended
                                                                   in terms of
                                                              remuneration Payable
                                                                  to Ms. Kiran
                                                                  Mazumdar Shaw

  ITC Limited      ITC IN    6124614  07/30/03     Kolkata      Accept Profit and   Management    Not Attended
                                                                 Loss statement,
                                                                 Balance sheet,
                                                                  Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                Declare dividend.   Management    Not Attended
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
                                                               Elect Directors in   Management    Not Attended
                                                                 place of those
                                                                   retiring by
                                                                    rotation.

                                                              Appoint auditors for  Management    Not Attended
                                                              one year term under
                                                              fixed remuneration.

                                                                  Reappoint as      Management    Not Attended
                                                                  Director Sri
                                                                Sahibzada Rehman

                                                              Fix remuneration of   Management    Not Attended
                                                                    directors

                                                               Modify the pricing   Management    Not Attended
                                                                policy of options
                                                                 with regard to
                                                                 exercise in the
                                                                 Employee Stock
                                                                 Option Scheme.

  Tata Iron &     TISCO IN   6101156  07/22/04     Mumbai       Accept Profit and   Management         Yes         For        For
     Steel                                                       Loss Statement,
    Company                                                      Balance Sheet,
    Limited                                                       Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                Declare dividend.  Management         Yes         For        For

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Keshub Mahindra

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                 Mr. Nusil Wadia

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                  Dr T Mkherjee

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                  Mr A.N. Singh

                                                                 Revise terms of    Management         Yes         For        For
                                                                 remuneration of
                                                                Managing Director

                                                                 Revise terms of    Management         Yes         For        For
                                                              remuneration of Dr.
                                                                   T Mukherjee

                                                                 Revise terms of    Management         Yes         For        For
                                                              remuneration of Mr.
                                                                   A.N. Singh

                                                              Increase authorized   Management         Yes         For        For
                                                               share capital from
                                                                Rs 6.9bn divided
                                                              into 440mn shares of
                                                                Rs 10 to Rs 8.5bn
                                                               divided into 600mn
                                                               ordinary shares of
                                                                      Rs 10
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
                                                                 Alterations of     Management         Yes         For        For
                                                                   articles of
                                                                   association

                                                                Issuance of bonus   Management         Yes         For        For
                                                                     shares

                                                              Appoint auditors for  Management         Yes         For        For
                                                              one year term under
                                                              fixed remuneration.

                                                                 Appoint branch     Management         Yes         For        For
                                                                auditors for one
                                                                 year term under
                                                              fixed remuneration.

    Thermax        TMX IN    6121433  07/27/04      Pune        Accept Profit and   Management    Not Attended
                                                                 Loss Statement,
                                                                 Balance Sheet,
                                                                  Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                              on preference shares

                                                                 Declare a final    Management    Not Attended
                                                              dividend on equity.

                                                               Appoint a Director   Management    Not Attended
                                                                in place of Mrs.
                                                              Meher Pudumjee, who
                                                              retires by rotation
                                                               and offers herself
                                                                     up for
                                                                 re-appointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Pheroz Pudumjee

                                                              Appoint auditors and  Management    Not Attended
                                                                fix remuneration.

                                                              Re-appoint managing   Management    Not Attended
                                                                 director of the
                                                                 Company Prakash
                                                                     Klkarni

                                                                 Delist from the    Management    Not Attended
                                                              Delhi, Calcutta and
                                                                   Pune Stock
                                                                   exchanges.

    Satyam         SCS IN    6241858  07/23/04    Hyberbad      Accept Profit and   Management    Not Attended
    Computers                                                    Loss Statement,
    Limited                                                       Balance Sheet,
                                                                  Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                 Declare a final    Management    Not Attended
                                                              dividend on equity.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                   Dr Mangalam
                                                                   Srinivasan
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
                                                              Appoint auditors for  Management    Not Attended
                                                              one year term under
                                                              fixed remuneration.

                                                              Re-appoint Ramalinga  Management    Not Attended
                                                              Raju as Chairman and
                                                                 Director of the
                                                                     company

                                                                Re-appoint Ramal    Management    Not Attended
                                                                Raju as Managing
                                                                 Director of the
                                                                     company

                                                                De-list from the    Management    Not Attended
                                                                 Hyderabad Stock
                                                                    Exchange

  Dr. Reddy's      DRRD IN   6410959  07/28/04    Hyperbad      Accept Profit and   Management    Not Attended
 Laboratories                                                    Loss Statement,
    Limited                                                      Balance Sheet,
                                                                  Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                    Dr. P Rao

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                  Dr. V. Mohna

                                                                  Take note of      Management    Not Attended
                                                              retirement of Mr A.
                                                                      Purl

                                                                Appoint Statutory   Management    Not Attended
                                                              auditors for 1 year
                                                                term under fixed
                                                                  remuneration.

                                                              Authorize the board   Management    Not Attended
                                                              to issue, allot, or
                                                              offer equity shares,
                                                                  equity linked
                                                                  securities or
                                                                convertible bonds
                                                              not exceeding 3% of
                                                                the paid up share
                                                                     capital

                                                              The exercise pricing  Management    Not Attended
                                                               and or pricing for
                                                                stock options be
                                                                 granted by the
                                                                 Company to the
                                                                  employees and
                                                                   Independent
                                                                    directors

                                                               Amend the articles   Management    Not Attended
                                                                 of association
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
     KPIT          KPIT IN   6704704  07/28/04      Pune           To receive,      Management    Not Attended
    Cummins                                                   consider, and adopt
  Infosystems                                                 the balance sheet as
    Limited                                                     at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                auditors thereon

                                                                Declare dividend

                                                              Appoint director in
                                                                place of Mr. Ajay
                                                                Bhagwat, eligible
                                                               for re-appointment

                                                              Appoint director in
                                                              place of Dr. Naushad
                                                              Forbes, eligible for
                                                                 re-appointment

                                                              Appoint director in
                                                               place of Mr. Anand
                                                              Khandekar, eligible
                                                               for re-appointment

                                                                Appoint auditors

                                                                Appoint Ms. Gail
                                                              Farnsley as director

                                                                Appoint Mr. Anant
                                                                  Talaulicar as
                                                                    director

                                                               Appoint Mr. Kishor
                                                                Patil as Managing
                                                              Director for 5 years
                                                               and to approve his
                                                                  remuneration

     Lupin         LPC IN    6143761  07/29/04     Mumbai          To receive,      Management         Yes         For        For
    Limited                                                   consider, and adopt
                                                              the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend    Management         Yes         For        For

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. D. K.
                                                              Contractor, eligible
                                                               for re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Dr. D. P.
                                                              Sinha, eligible for
                                                                 re-appointment

                                                              Appoint M/s Deloitte  Management         Yes         For        For
                                                               Haskins & Sells as
                                                                    auditors
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
                                                                Appoint Mr. K. K.   Management         Yes         For        For
                                                               Sharma as director

                                                                  Appoint Marc      Management         Yes         For        For
                                                                 Desaedeleer as
                                                                    director

                                                                Appoint Mr. Sunil   Management         Yes         For        For
                                                                Nair as director

                                                                Make Lupin Herbal   Management         Yes         For        For
                                                                 Private Ltd. A
                                                                subsidiary by the
                                                                    purchase

                                                              Create a subsidiary   Management         Yes         For        For
                                                              in Australia by the
                                                              name Lupin Australia
                                                                   (Pty) Ltd.

                                                                Appoint Dr. Anuja   Management         Yes         For        For
                                                                Gupta as Managing
                                                                   Director -
                                                                Speciality Brands
                                                               and to approve her
                                                                  remuneration

                                                              Authorize the board   Management         Yes         For        For
                                                              to borrow amount not
                                                               exceeding Rs. 1000
                                                              million against the
                                                                  assets of the
                                                                 company for the
                                                                company purposes.

  Mahindra &        MM IN    6100186  07/28/04     Mumbai          To receive,      Management         Yes         For        For
   Mahindra                                                   consider, and adopt
    Limited                                                   the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend    Management         Yes         For        For

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. R. K.
                                                               Pitamber, eligible
                                                               for re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Dr. A. S.
                                                                Ganguly, eligible
                                                               for re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. R. K.
                                                               Kulkarni, eligible
                                                               for re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                              place of Mr. Anupam
                                                               Puri, eligible for
                                                                 re-appointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                              Appoint director in   Management         Yes         For        For
                                                              place of Mr. Alan E.
                                                                Durante, eligible
                                                               for re-appointment

                                                                Appoint M/s A. F.   Management         Yes         For        For
                                                                Ferguson & Co. as
                                                                    auditors

                                                              Authorize the board   Management         Yes         For        For
                                                                to create, offer,
                                                                 issue and allot
                                                              19,55,814 shares in
                                                              one or more tranches
                                                               to employees under
                                                              company's Employees
                                                              Stock Option Scheme

   Hindalco        HNDL IN   6100142  07/31/04     Mumbai          To receive,      Management         Yes         For        For
  Industries                                                  consider, and adopt
    Limited                                                   the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend    Management         Yes         For        For

                                                              Appoint director in   Management         Yes         For        For
                                                                place of Kumar M
                                                              Birla, eligible for
                                                                 re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                                 place of A. K.
                                                               Agarwala, eligible
                                                               for re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                                 place of E. B.
                                                              Desai, eligible for
                                                                 re-appointment

                                                              Appoint M/s Singhi &  Management         Yes         For        For
                                                              Company as auditors

                                                              Appoint M/s Lodha &   Management         Yes         For        For
                                                                  Co. as branch
                                                                    auditors

                                                               Approve payment of   Management         Yes         For        For
                                                              revised remuneration
                                                                to A. K. Agarwala

                                                                  Appoint Mr. D     Management         Yes         For        For
                                                                 Bhatacharya as
                                                                Managing Director
                                                               for 5 years and to
                                                                   approve his
                                                                  remuneration
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                              To pay non managing   Management         Yes         For        For
                                                                  directors, in
                                                                 addition to the
                                                                  sitting fees,
                                                               commission subject
                                                                  to limits for
                                                              attending the board
                                                                    meetings.

     Kotak         KMB IN    6135661  07/26/04     Mumbai          To receive,      Management         Yes         For        For
   Mahindra                                                   consider, and adopt
     Bank                                                     the balance sheet as
    Limited                                                     at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend    Management         Yes         For        For

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. Anand
                                                               Mahindra, eligible
                                                               for re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. Cyril
                                                              Shroff, eligible for
                                                                 re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                                place of Mr. Ajay
                                                              Sondhi, eligible for
                                                                 re-appointment

                                                                 Appoint M/s S B    Management         Yes         For        For
                                                               Billimoria & Co as
                                                                    auditors

                                                              Authorize the board   Management         Yes         For        For
                                                                 to approve and
                                                               confirm the issue,
                                                              offer, and allotment
                                                                  of shares to
                                                              employees under the
                                                                  stock options
                                                                scheme, such that
                                                              the allotment shall
                                                              not exceed 5% of the
                                                                equity capital of
                                                                    the bank.

                                                                Authorized share    Management         Yes         For        For
                                                              capital of the bank
                                                              to be increased form
                                                                   current Rs.
                                                                1,000,000,000 to
                                                                  2,000,000,000

                                                                 Revise related     Management         Yes         For        For
                                                              clause in Memorandum
                                                               of Association for
                                                                 increase in the
                                                               authorised capital

                                                                 To issue bonus     Management         Yes         For        For
                                                              shares in the ratio
                                                                1 bonus share for
                                                                every 1 existing
                                                               equity share as on
                                                                   record date
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
  Bajaj Auto       BJA IN    6124142  07/31/04      Pune           To receive,      Management    Not Attended
    Limited                                                   consider, and adopt
                                                              the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend

                                                              Appoint director in
                                                              place of Kantikumar
                                                                R Podar, eligible
                                                               for re-appointment

                                                              Appoint director in
                                                              place of J N Godrej,
                                                                  eligible for
                                                                 re-appointment

                                                              Appoint director in
                                                                place of Shekhar
                                                              Bajaj, eligible for
                                                                 re-appointment

                                                              Appoint the auditors

    Matrix         HDPH IN   6652416  07/23/04    Hyderabad      To conside and     Management    Not Attended
 Laboratories                                                  approve the scheme
    Limited                                                      of amalgamation
                                                              proposed to be made
                                                                  between Vera
                                                                  Laboratories
                                                              Limited, Fine Drugs
                                                                  and Chemicals
                                                                Limited, Medikon
                                                                  Laboratories
                                                                Limited, Callbre
                                                              Engineering Private
                                                               Limited and Matrix
                                                              Laboratories Limited

      Sun          SUNP IN   6582483  07/31/04     Mumbai       Approve the draft   Management         Yes         For        For
Pharmaceuticals                                                     scheme of
  Industries                                                  amalgamation/merger
    Limited                                                         of Phiox
                                                                 Pharmaceuticals
                                                                Limited with the
                                                                    company.

                                                              Authorize the board   Management         Yes         For        For
                                                               to issue and allot
                                                                 such number of
                                                              equity shares of Rs.
                                                                  5 each of the
                                                                 company to the
                                                                 shareholders of
                                                                      Phiox
                                                                 Pharmaceuticals
                                                              Limited in exchange
                                                                of such number of
                                                                equity shares of
                                                                Rs.10 each fully
                                                               paid up @ Re.1 per
                                                                  share paid up
                                                              respectively held by
                                                                 them in Phiox.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
    Maruti         MUL IN    6633712  07/27/04    New Delhi        To receive,      Management    Not Attended
     Udyog                                                    consider, and adopt
    Limited                                                   the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend

                                                              Appoint director in
                                                               place of Mr. Junzo
                                                               Sugumori, eligible
                                                               for re-appointment

                                                              Appoint director in
                                                               place of Mr. Kinji
                                                              Saito, eligible for
                                                                 re-appointment

                                                                Appoint M/s Price
                                                                  Waterhouse as
                                                                    auditors

                                                              Re-appoint Mr. R. C.  Shareholder
                                                              Bhargava as director

                                                              Re-appoint Mr. Amal   Shareholder
                                                              Ganguly as director

                                                               Re-appoint Mr. S V   Shareholder
                                                                Bhave as director

                                                              Re-appoint Mr. Kumar  Shareholder
                                                                Mangalam Birla as
                                                                    director

                                                                 Re-appoint Mr.     Shareholder
                                                                 Manvinder Singh
                                                                Banga as director

                                                                 Re-appoint Mr.
                                                              Shinichi Takeuchi as
                                                                managing director
                                                                  for 3 years.

                                                              To pay non executive
                                                              directors commission
                                                                for 5 years, not
                                                              exceeding 1% of net
                                                                 profits, to be
                                                              divided amongst the
                                                                   directors.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
   The Jammu      J&KBK IN   6142917  07/24/04    Srinagar    Approve, pursuant to  Management    Not Attended
   & Kashmir                                                       applicable
 Bank Limited                                                   provisions of the
                                                                Foreign Exchange
                                                              Management Act, 1999
                                                                FEMA , Para 4 of
                                                                Schedule 2 of the
                                                                Foreign Exchange
                                                              Management transfer
                                                                   or issue of
                                                                 securities by a
                                                              person resident out
                                                                    of India
                                                              Regulations, 2000 as
                                                                amended till date
                                                              and other applicable
                                                               Rules, Regulations
                                                               and Laws including
                                                                  any statutory
                                                                 modification or
                                                              re-enactment thereof
                                                               for the time being
                                                                in force and all
                                                                other applicable
                                                                 provisions and
                                                                 subject to the
                                                              approval, permission
                                                              and sanction of the
                                                                 Reserve Bank of
                                                              India RBI and other
                                                                    concerned
                                                                 authorities, if
                                                              required and subject
                                                               to such conditions
                                                              as prescribed by the
                                                                    concerned
                                                                authorities while
                                                                  granting such
                                                                   approvals,
                                                                  permissions,
                                                              sanctions agreed by
                                                                  the Board of
                                                                Directors of the
                                                                Company and/or a
                                                                 duly authorized
                                                                Committee thereof
                                                               for the time being
                                                                 exercising the
                                                              powers conferred by
                                                                  the Board of
                                                                Directors Board ,
                                                                the investment by
                                                                     Foreign
                                                                  Institutional
                                                              Investors, including
                                                              their Securities and
                                                                Exchange Board of
                                                                 India approved
                                                              subsidiary-accounts
                                                              FIIs , in the equity
                                                                  shares of the
                                                              Company, by purchase
                                                              or acquisition from
                                                              the market under the
                                                              Portfolio Investment
                                                               Scheme under FEMA,
                                                                 subject to the
                                                                 conditions that
                                                                total holdings of
                                                                  all FIIs put
                                                               together shall not
                                                                exceed 33% of the
                                                              paid up equity share
                                                                  capital; and
                                                              authorize the Board
                                                                 to increase the
                                                              limit of investments
                                                                 of FIIs in the
                                                              equity shares of the
                                                               Company, under the
                                                              portfolio Investment
                                                                Scheme, up to the
                                                                maximum limits as
                                                                prescribed by the
                                                                  Government of
                                                              India/FIPB/RBI from
                                                                time to time; and
                                                              authorize the Board
                                                              to do all such acts,
                                                              deeds and things and
                                                                execute all such
                                                                  documents and
                                                                 undertakings as
                                                                   required or
                                                                  necessary or
                                                                expedient for the
                                                                purpose of giving
                                                              effect to the above
                                                              said resolution and
                                                                   for matters
                                                              connected therewith
                                                                  or incidental
                                                                     thereto
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
 NIIT Limited      NIIT IN   B01TR82  07/29/04    New Delhi        To receive,      Management    Not Attended
                                                              consider, and adopt
                                                              the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend

                                                              Appoint director in
                                                                  place of Mr.
                                                                 Surendra Singh,
                                                                  eligible for
                                                                 re-appointment

                                                              Appoint director in
                                                              place of Mr. Shardul
                                                               S Shroff, eligible
                                                               for re-appointment

                                                                Appoint M/s Price
                                                                  Waterhouse as
                                                                auditors and fix
                                                               their remuneration

                                                                   Revision of
                                                              remuneration payable
                                                                to Mr. Rajendra S
                                                              Pawar, chairman and
                                                               managing director.

                                                                   Revision of
                                                              remuneration payable
                                                                 to Mr. Vijay K
                                                               Thadani, wholetime
                                                                    director.

                                                                   Revision of
                                                              remuneration payable
                                                              to Mr. P Rajendran,
                                                              wholetime director.

                                                                   Revision of
                                                              remuneration payable
                                                                  to Mr. Arvind
                                                                Thakur, wholetime
                                                                    director.

                                                               Approve payment of
                                                                  Rs. 20,000 as
                                                                 sitting fees to
                                                                  non-executive
                                                                directors of the
                                                                     company

                                                              To delist the equity
                                                                  shares of the
                                                                  company from
                                                              Ahmedabad, Chennai,
                                                                Delhi and Kolkata
                                                                stock exchanges.

     Ashok          AL IN    B01NFT1  07/29/04     Chennai         To receive,      Management    Not Attended
    Leyland                                                   consider, and adopt
    Limited                                                   the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend

                                                              Appoint director in
                                                                place of Mr. R J
                                                               Shahaney, eligible
                                                               for re-appointment

                                                                Mr. P K Choksey,
                                                                   retiring by
                                                               rotation, does not
                                                              seek re-appointment.
                                                               The Board does not
                                                              propose to fill the
                                                                     vacancy

                                                              Appoint director in
                                                                place of Mr. A K
                                                                Das, eligible for
                                                                 re-appointment

                                                              Appoint director in
                                                                 place of Mr. F
                                                                Saharni, eligible
                                                               for re-appointment

                                                              Appoint the auditors
                                                                and to fix their
                                                                  remuneration

                                                                To authorize the
                                                                board to mortgage
                                                                and/or charge the
                                                                immovable and/or
                                                               movable properties
                                                                of the company in
                                                               favor of (I) State
                                                                Bank of India as
                                                                  trustees for
                                                                debentureholders
                                                               (ii) State Bank of
                                                                      India

    Mphasis        BFL IN    6151593  07/30/04    Bangalore        To receive,      Management    Not Attended
  BFL Limited                                                 consider, and adopt
                                                              the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend

                                                              Appoint director in
                                                              place of Mr. Jereon
                                                                Tas, eligible for
                                                                 re-appointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
                                                              Appoint director in
                                                               place of Mr. Rahul
                                                              Bhasin, eligible for
                                                                 re-appointment

                                                              Appoint M/s Bharat S
                                                                  Raut & Co. as
                                                                auditors and fix
                                                               their remuneration

                                                                 Re-appoint Mr.     Shareholder
                                                               Nawshir H Mirza as
                                                                    director

                                                               Re-appoint Mr. D S   Shareholder
                                                                Brar as director

                                                               To approve payment
                                                               of remuneration by
                                                                way of commission
                                                              not exceeding 1% of
                                                                the net profit of
                                                               the company to the
                                                                directors (other
                                                                  then managing
                                                                  director and
                                                              executive directors)
                                                                 for period of 5
                                                                     years.

     Mirc          MIRC IN   6722319  08/12/04     Mumbai          To receive,      Management         Yes         For        For
  Electronics                                                 consider, and adopt
    Limited                                                   the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend    Management         Yes         For        For

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. Vimal
                                                               Bhandari, eligible
                                                               for re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. Manoj
                                                              Maheshwari, eligible
                                                               for re-appointment

                                                              Appoint the auditors  Management         Yes         For        For
                                                                and to fix their
                                                                  remuneration

                                                                To authorize the    Management         Yes         For        For
                                                              Board to appoint Mr.
                                                              Sasha G Mirchandani
                                                              in management cadre,
                                                              being a relative of
                                                              Mr. G L Mirchandani,
                                                              Chairman & Managing
                                                                 Director of the
                                                                    company.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
    Mahavir        MSM IN    6374884  08/28/04    Ludhiana         To receive,      Management    Not Attended
   Spinning                                                   consider, and adopt
  Mills Ltd.                                                  the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend    Management

                                                              Appoint director in
                                                               place of Dr. T. N.
                                                              Kapoor, eligible for
                                                                 re-appointment

                                                              Appoint the auditors
                                                                and to fix their
                                                                  remuneration

                                                                To authorize the
                                                                  directors to
                                                                 mortgage and/or
                                                              charge, in addition
                                                                     to the
                                                                mortgages/charges
                                                                  created/to be
                                                                 created by the
                                                              company, all or any
                                                                 of the movable
                                                                and/or immovable
                                                                  properties in
                                                                certain events of
                                                                default to or in
                                                              favor of GE Capital
                                                                 Services India
                                                                    Limited,
                                                                  Co-operative
                                                                    Centarle
                                                               Raiffeisen-Berefen
                                                                Bank, ICICI Bank,
                                                                  Singapore and
                                                                Corporation Bank

                                                                 To approve the
                                                               enhancement of the
                                                              sitting fees payable
                                                                to the directors

                                                              To delist the equity
                                                                  shares of the
                                                                  company from
                                                                 Ludhiana stock
                                                                    exchange

     Trent        LAKME IN   6261878  09/03/04     Mumbai          To receive,      Management         Yes         For        For
    Limited                                                   consider, and adopt
                                                              the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend    Management         Yes         For        For

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. B. S.
                                                               Bhesania, eligible
                                                               for re-appointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>       <C>
                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. A. D.
                                                              Cooper, eligible for
                                                                 re-appointment

                                                                Appoint Mr. N. N.   Management         Yes         For        For
                                                                Tata as Managing
                                                                 Director and to
                                                                   approve his
                                                                  remuneration

                                                              Appoint the auditors  Management         Yes         For        For
                                                                and to fix their
                                                                  remuneration

   Mercator        MRLN IN   6351371  08/31/04     Mumbai          To receive,      Management         Yes         For        For
     Lines                                                    consider, and adopt
    Limited                                                   the balance sheet as
                                                                at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors

                                                                Declare dividend    Management         Yes         For        For

                                                              Appoint director in   Management         Yes         For        For
                                                              place of Mr. Manohar
                                                              Bidaye, eligible for
                                                                 re-appointment

                                                              Appoint the auditors  Management         Yes         For        For
                                                                and to fix their
                                                                  remuneration

                                                                 To increase the    Management         Yes         For        For
                                                                authorized share
                                                                 capital of the
                                                              company from Rs. 25
                                                                Crores to Rs. 225
                                                                     Crores

                                                              Authorize the board   Management         Yes         For        For
                                                              to borrow amount not
                                                               exceeding Rs. 5000
                                                               Crores against the
                                                                  assets of the
                                                                 company for the
                                                                company purposes.

                                                              Appoint Mr. Atul J.   Management         Yes         For        For
                                                                Agarwal as Joint
                                                                Managing Director

    Bharat         BPCL IN   6099723  08/30/04     Mumbai          To receive,      Management         Yes         For        For
   Petroleum                                                  consider, and adopt
  Corporation                                                 the balance sheet as
    Limited                                                     at March 31, 2004
                                                               and the profit and
                                                              loss account for the
                                                              period ended on that
                                                              date and the reports
                                                              of the directors and
                                                                    auditors
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                Declare dividend    Management         Yes         For        For

                                                              Appoint director in   Management         Yes         For        For
                                                               place of Mr. Ashok
                                                              Sinha, eligible for
                                                                 re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                                 place of Mr. M.
                                                                Rohatgi, eligible
                                                               for re-appointment

                                                              Appoint director in   Management         Yes         For        For
                                                                 place of Mr. S.
                                                                 Radhakrishnan,
                                                                  eligible for
                                                                 re-appointment

                                                              Appoint the auditors  Management         Yes         For        For
                                                                and to fix their
                                                                  remuneration

                                                              To appoint Mr. A. K.  Management         Yes         For        For
                                                                Srivastava, Joint
                                                              Secretary, Ministry
                                                                of Petroleum and
                                                                 Natural Gas as
                                                                 director of the
                                                                     company

                                                                To appoint V. D.    Management         Yes         For        For
                                                                  Gupta as the
                                                                 director of the
                                                                     company

                                                              To appoint P. C. Sen  Management         Yes         For        For
                                                               as the director of
                                                                   the company

                                                                To appoint A. H.    Management         Yes         For        For
                                                                  Kalro as the
                                                                 director of the
                                                                     company

 Bharti Tele-     BHARTI IN  6442327  08/20/04    New Delhi     Accept Profit and   Management    Not Attended
   Ventures                                                      Loss Statement,
    Limited                                                      Balance Sheet,
                                                                  Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                   Mr. N Kumar

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr Paul O'Sullivan

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                  Pulak Prasad
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr Lung Chien Ping

                                                              Appoint auditors for  Management    Not Attended
                                                              one year term under
                                                              fixed remuneration.

                                                               Prof. V.S. Raju be   Management    Not Attended
                                                                 appointed as an
                                                              additional director

                                                              Prof. Kurt Hellstrom  Management    Not Attended
                                                               be appointed as an
                                                              additional director

                                                              Approve for payment   Management    Not Attended
                                                                of commission to
                                                                  Non-executive
                                                                directors of the
                                                                   company not
                                                              exceeding 1% of the
                                                               net profits of the
                                                                 company in each
                                                                 financial year

                                                              Authorize the board   Management    Not Attended
                                                                to contribute to
                                                                  Charities not
                                                                  exceeding an
                                                               aggregae amount of
                                                               INR 200mn or 5% of
                                                                 its average net
                                                                     proftis

                                                                Amend the current   Management    Not Attended
                                                              Bharti Tele-Ventures
                                                                 Employee Stock
                                                                  Option Scheme

                                                                  Authorize the     Management    Not Attended
                                                              issuance of ADRs of
                                                              par value Rs 10 - up
                                                                 to 200,000,000
                                                                  equity shares

    Balaji         BLJT IN   6545538  08/27/04     Mumbai       Accept Profit and   Management         yes         For        For
   Telefilms                                                     Loss Statement,
    Limited                                                      Balance Sheet,
                                                                  Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         yes         For        For
                                                                on equity shares.

                                                                   Appoint (or      Management         yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                               MR Ashay Chudasama

                                                                Appoint Statutory   Management         yes         For        For
                                                              auditors for 1 year
                                                                term under fixed
                                                                  remuneration.

                                                                Amend Articles of   Management         yes         For        For
                                                                   Association
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                 Propose that Mr    Management         yes         For        For
                                                              Pradeeep Sarda as a
                                                                candidate for the
                                                                  office of the
                                                                 director of the
                                                               company, be and is
                                                              hereby appointed as
                                                                a Director of the
                                                                Company liable to
                                                               retire by rotation

                                                                 Appoint Tusshar    Management         yes         For        For
                                                                  Kapoor as an
                                                               executive director

                                                                re-appoint Shobha   Management         yes         For        For
                                                               Kapoor as Managing
                                                                 Director for a
                                                              period of five years

                                                              appoint Ekta Kapoor   Management         yes         For        For
                                                                  as whole-time
                                                              director designated
                                                              as creative director
                                                              of the company for a
                                                                five year period

Voltas Limited     VOLT IN   6135940  08/27/04     Mumbai       Accept Profit and   Management         yes         For        For
                                                                 Loss Statement,
                                                                 Balance Sheet,
                                                                  Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         yes         For        For
                                                                on equity shares.

                                                                   Appoint (or
                                                                  reappoint) a
                                                              Director in place of
                                                                   Mr. A Soni

                                                                   Appoint (or      Management         yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                 Mr. N J Jhaveri

                                                                   Appoint (or      Management         yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                 Mr. SN Tripathi

                                                                 Contribute for     Management         yes       abstain    abstain
                                                              charitable purposes
                                                                from time to time
                                                               which the Board of
                                                              Directors deem fit,
                                                                5% of its average
                                                                   net profits

                                                                  Commission to     Management         yes         For        For
                                                                  Non-executive
                                                                    directors

                                                                 Appointment of     Management         yes         For        For
                                                                    Auditors

  Hero Honda        HH IN    6327327  08/17/04    New Delhi     Accept Profit and   Management    Not Attended
Motors Limited                                                   Loss Statement,
                                                                 Balance Sheet,
                                                                  Report of the
                                                                  Directors and
                                                                    Auditors.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Satoshi Toshida

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Satyanand Munjal

                                                              Mr Om Prakash Gupta,  Management    Not Attended
                                                              retires by rotation
                                                               and requests to be
                                                                relieved from his
                                                                 responsibility

                                                                 Mr Mahendra Pal    Management    Not Attended
                                                              Wadhawan, retires by
                                                                  rotation and
                                                                 requests to be
                                                                relieved from his
                                                                 responsibility

                                                              Appoint the auditors  Management    Not Attended

                                                                   Keeping of       Management    Not Attended
                                                               registers/returns/
                                                              documents at a place
                                                                 other than the
                                                                registered office

                                                                amendment in the    Management    Not Attended
                                                                   articles of
                                                                   association

   Geodesic        BVH IN    6701374  08/25/04     Mumbai      Accept Profit and    Management         yes         for        for
  Information                                                   Loss Statement,
Systems Limited                                                  Balance Sheet,
                                                                 Report of the
                                                                 Directors and
                                                                   Auditors.

                                                               Declare a dividend   Management         yes         for        for
                                                                on equity shares.

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr Prashant Mulekar,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr Rahul Patwardhan,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                              Appoint the auditors  Management         yes         for        for

                                                                Appoint Mr. Vinod   Management         yes         for        for
                                                              Sethi as director of
                                                                   the company
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                  Appoint Rahul     Management         yes         for        for
                                                                  Patwardhan as
                                                                 director of the
                                                                     company

                                                              Authorize the board   Management         yes         for        for
                                                                to establish the
                                                                 Employee Stock
                                                              Option Plan and make
                                                                   any further
                                                                 modifications,
                                                              changes, variations,
                                                               alterations to the
                                                                    said plan

                                                              Authorize the board   Management         yes         for        for
                                                              to grant, offer and
                                                              issue options under
                                                               the company's ESOP
                                                                not exceeding the
                                                                  limit set by
                                                                  shareholders

Centurion Bank    CENTD IN   6438519  09/04/04       Goa        Accept Profit and   Management    Not Attended
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                 Mr Shital Kumar
                                                              Jain, who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr Kamiesh Vikamsey,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                              Appoint the auditors  Management    Not Attended

                                                                   Appoint Mr       Management    Not Attended
                                                              Shaliendra Vhandari
                                                              as Managing Director
                                                                for a period of 5
                                                                      years

                                                                   Appoint Mr.      Management    Not Attended
                                                                Gurvirendra Singh
                                                               Talwar as Director
                                                                   of the Bank

                                                              Appoint Mr. J Sunder  Management    Not Attended
                                                               George as Director
                                                                   of the Bank

                                                              Appoint Mr. KK Abdul  Management    Not Attended
                                                              Razak as Director of
                                                                    the Bank

                                                              Appoint Mr. YK Modi   Management    Not Attended
                                                               as Director of the
                                                                      Bank
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                The Directors are   Management    Not Attended
                                                                  accorded the
                                                               consent, authority
                                                              and approval of the
                                                               sharholders be and
                                                               is hereby accorded
                                                              for the acquisition
                                                                 and holding of
                                                              equity shares in the
                                                               bank by FIIs up to
                                                               an aggregate limit
                                                                     of 49%

                                                               Amend the articles   Management    Not Attended
                                                                 of association

                                                              cancel 150 crores of  Management    Not Attended
                                                                 equity share of
                                                               Rs.1/- each of the
                                                              bank lying unissued
                                                                   out of the
                                                                authorized share
                                                              capital of the bank

Larsen & Toubro     LT IN    B0166K8  09/23/04     Mumbai       Accept Profit and   Management         yes         for        for
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         yes         for        for
                                                                on equity shares.

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr A Ramakrishna,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr K Venkataramanan,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                               The vacancy caused   Management         yes         for        for
                                                              by the retirement by
                                                              rotation of Mr S.S.
                                                              Marathe, who has not
                                                                     sought
                                                                reappointment, be
                                                                not filled in at
                                                               this meeting or at
                                                                 any ajournment
                                                                     thereof

                                                               The vacancy caused   Management         yes         for        for
                                                              by the retirement by
                                                              rotation of Dr. D.V.
                                                              Kapoor Marathe, who
                                                                 has not sought
                                                                reappointment, be
                                                                not filled in at
                                                               this meeting or at
                                                                 any ajournment
                                                                     thereof

                                                                SN Talwar who was   Management         yes         for        for
                                                                 appointed as a
                                                              director in a casual
                                                               vacany is eligible
                                                               for re-appointment

                                                               AB Saharya who was   Management         yes         for        for
                                                                 appointed as a
                                                              director in a casual
                                                               vacany is eligible
                                                               for re-appointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                Mr VK Magapu, who   Management         yes         for        for
                                                                was appointed as
                                                              additional director
                                                                 is eligible for
                                                                 re-appointment

                                                              Mr Lt Gen Surinder,   Management         yes         for        for
                                                              who was appointed as
                                                              additional director
                                                                 is eligible for
                                                                 re-appointment

                                                               Mr U Sundararajan,   Management         yes         for        for
                                                              who was appointed as
                                                              additional director
                                                                 is eligible for
                                                                 re-appointment

                                                                 Approve board's    Management         yes         for        for
                                                                renumeration and
                                                                 consent to hold
                                                              office on the boards
                                                                of its subsidiary
                                                                    companies

                                                                Re-appointment AM   Management         yes         for        for
                                                              Naik, designated as
                                                                 the chairman &
                                                              managing director of
                                                                the company for a
                                                              period of five years

                                                                Re-appointment K    Management         yes         for        for
                                                                 Venkataramanan,
                                                                designated as the
                                                              whole-time director
                                                              of the company for a
                                                              period of five years

                                                                Re-appointment VK   Management         yes         for        for
                                                               Magapu, designated
                                                               as the whole- time
                                                                 director of the
                                                              company for a period
                                                                  of five years

                                                              Authorize the board   Management         yes         for        for
                                                                to issue or allot
                                                              depository receipts
                                                                not exceeding US
                                                                     $250mn

                                                                 Re-appoint the     Management         yes         for        for
                                                                    auditors

  Indian Oil       IOCL IN   6253767  09/24/04     Mumbai       Accept Profit and   Management         yes         for        for
  Corporation                                                         Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         yes         for        for
                                                                on equity shares.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr Shri RS Sharma,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr Shri P Sugavanam,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                                 Mr Shri Vineet
                                                              Nayyar, who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr SK Barua, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr AM Uplenchwar,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

   Hindustan       HPCL IN   6100476  09/09/04     Mumbai       Accept Profit and   Management         yes         for        for
   Petroleum                                                          Loss
  Corporation                                                   Statement, Balance
    Limited                                                   Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         yes         for        for
                                                                on equity shares.

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                                  Mr Shri Arun
                                                                Balakrishnan, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                                 Mr Shri Raja G
                                                                  Kulkarni, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                                    Mr Shri M
                                                                 Nandagopal, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                   Appoint (or      Management         yes         for        for
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr DS Mathur, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                              Fix remuneration for  Management         yes         for        for
                                                                  the auditors

                                                               Shri AK Srivastava   Management         yes         for        for
                                                              who was appointed as
                                                              Additional Director
                                                                of the Company by
                                                                    the board

                                                              Shri S Roy Choudhury  Management         yes         for        for
                                                              who was appointed as
                                                              Additional Director
                                                                of the Company by
                                                                    the board

   Indo Gulf       IGFL IN   6605476  09/14/04      Uttar       Accept Profit and   Management    Not Attended
  Fertilisers                                      Pradesh            Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend
                                                                on equity shares.

                                                                   Appoint (or
                                                                  reappoint) a
                                                              Director in place of
                                                                 Mrs Rajashreee
                                                               Birla, who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                              Mr BN Puranmalka who
                                                                was appointed as
                                                                 Director of the
                                                              Company by the board

                                                               Mr Anil Swarup who
                                                                was appointed as
                                                                 Director of the
                                                              Company by the board

                                                              Appoint the auditors

   Tata Tea         TT IN    6121488  09/08/04    Calcutta      Accept Profit and   Management    Not Attended
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend
                                                                on equity shares.

                                                                   Appoint (or
                                                                  reappoint) a
                                                              Director in place of
                                                                 Mr Malegan, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                   Appoint (or
                                                                  reappoint) a
                                                              Director in place of
                                                                  Mr Ghosh, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr Kavarana, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                              Appoint auditors and
                                                                    fix their
                                                                  remuneration

                                                               Appoint additional
                                                                    director

                                                                 Appointment and
                                                                 remuneration of
                                                                Managing Director

                                                                 Appointment of
                                                              additional wholetime
                                                                    director

                                                                 Remuneration of
                                                               wholetime director

                                                              Revision in terms of
                                                               remuneration of Mr
                                                                    Mansandor

                                                              Revision in terms of
                                                               remuneration of Mr
                                                                  Venkiteswaran

 Pritish Nandy     PRTN IN   6417994  09/17/04     Mumbai       Accept Profit and   Management         Yes         For        For
Communications                                                        Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         Yes         For        For
                                                                on equity shares.

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                              Satyajit Mitra, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                              Appoint auditors and  Management         Yes         For        For
                                                                    fix their
                                                                  remuneration

                                                              Modify the Articles   Management         Yes         For        For
                                                                 of Association
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
    Balaji         BLJT IN   6545538  09/17/04     Mumbai     Increase authorized   Management         Yes         For        For
   Telefilms                                                  share capital - from
    Limited                                                      Rs 110,000,000
                                                                  divided into
                                                              55,000,000 shares of
                                                                 Rs. 2/- into Rs
                                                              150,000,000 divided
                                                                 into 75,000,000
                                                                shares of Rs. 2/-

                                                                 Alterations to     Management         Yes         For        For
                                                                  Memorandum of
                                                                   Association

                                                                  Alteration of     Management         Yes         For        For
                                                                   Articles of
                                                                   Association

                                                                  Preferential      Management         Yes       Abstain    Abstain
                                                               allotment to Asian
                                                                  Broadcasting
                                                               representing up to
                                                               aggregate of 25.1%
                                                               of post issue paid
                                                                 up equity share
                                                                 capital of the
                                                                     company

     Hotel         LELA IN   6100335  09/20/04     Mumbai       Accept Profit and   Management         Yes         For        For
 Leelaventure                                                         Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                              Satyajit Mitra, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                              Satyajit Mitra, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                              Appoint auditors and  Management         Yes         For        For
                                                                    fix their
                                                                  remuneration

                                                               The vacancy caused   Management         Yes         For        For
                                                              by the retirement of
                                                              Air Vice Marshall HM
                                                              Shahul, not seeking
                                                               re-election is not
                                                                     filled

                                                              Re-appoint Mr Dinesh  Management         Yes         For        For
                                                                  Nair as Joint
                                                                Managing Director

                                                                  Re-appoint R      Management         Yes         For        For
                                                                Venkatachalam as
                                                              Director of Finance
                                                                      - CFO

  Amtek Auto       AMTK IN   6341800  09/10/04     Gurgaon            Issue         Management    Not Attended
    Limited                                                    shares/warrants up
                                                              to US $60 million of
                                                              the company through
                                                              Public Issue, Rights
                                                                 Issue, Private
                                                              Placement, Preferred
                                                                   Issue or a
                                                                  combination.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                 Subdivision of     Management    Not Attended
                                                              shares - One equity
                                                                share of nominal
                                                                  value of Rs.
                                                              10/-each fully paid
                                                                up in the equity
                                                                 capitol of the
                                                                   company be
                                                                sub-divided into
                                                               five shares of Rs.
                                                              2/- each fully paid
                                                                       up.

                                                                 Increase share     Management    Not Attended
                                                                 capitol of the
                                                                company from Rs.
                                                              55,00,00,000 divided
                                                              into Rs. 2,00,00,000
                                                              equity shares of Rs.
                                                                  2/- each and
                                                              35,00,000 Preference
                                                              shares of Rs. 100/-
                                                                   each to Rs.
                                                              70,00,00,000 divided
                                                                into 17,50,00,000
                                                              equity shares of Rs.
                                                                  2/- each and
                                                              35,00,000 Preference
                                                              shares of Rs. 100/-
                                                                      each.

                                                                Amend Clause V of   Management    Not Attended
                                                                the Memorandum of
                                                               Association of the
                                                                    Company.

                                                               Amend Article 3 of   Management    Not Attended
                                                                 the Articles of
                                                               Association of the
                                                                    company.

                                                                  Allow Foreign     Management    Not Attended
                                                                  Institutional
                                                              Investors (FII's) to
                                                                acquire shares of
                                                              the company through
                                                               Stock Exchanges in
                                                                   India under
                                                              Portfolio Investment
                                                              Scheme up to 74% of
                                                               the paid up Equity
                                                                 capitol of the
                                                                    company.

  ICICI Bank     ICICIBC IN  6100368  09/20/04    Vadodara      Accept Profit and   Management    Not Attended
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                  on preference
                                                                     shares.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Uday M. Chitale,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr. L. M. Mittal,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. P.M. Sinha, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                 Appoint as a      Management    Not Attended
                                                               Director Mr. S.B.
                                                              Mathur in place of
                                                              Dr. Satish C. Jah,
                                                                who retires by
                                                                   rotation

                                                              Appoint auditors and  Management    Not Attended
                                                                    fix their
                                                                  remuneration

                                                                 Appoint branch     Management    Not Attended
                                                                auditors and fix
                                                               their remuneration

                                                                  Appoint as a      Management    Not Attended
                                                              Director Mr. V. Prem
                                                                 Watsa liable to
                                                              retire by rotation.

                                                                 Revise monthly     Management    Not Attended
                                                                salary range and
                                                                bonus of Mr. K.V.
                                                                     Kamath

                                                                 Revise monthly     Management    Not Attended
                                                                salary range and
                                                              bonus of Ms. Lalita
                                                                     Gupte.

                                                                 Revise monthly     Management    Not Attended
                                                                salary range and
                                                              bonus of Ms. Kalpana
                                                                    Morparia.

                                                                 Revise monthly     Management    Not Attended
                                                                salary range and
                                                              bonus of Ms. Chanda
                                                                   D. Kochhar.

                                                                 Revise monthly     Management    Not Attended
                                                                salary range and
                                                                  bonus of Dr.
                                                                  Nachiket Mor.

                                                               Create for benefit   Management    Not Attended
                                                               of such persons as
                                                              are in the permanent
                                                               employment and the
                                                                directors of the
                                                                 company, equity
                                                                  shares of the
                                                                 company not to
                                                                exceed 5% of the
                                                                aggregate of the
                                                              issued equity shares
                                                                 of the company.

                                                               Create for benefit   Management    Not Attended
                                                               of such persons as
                                                              are in the permanent
                                                                 employment of a
                                                               subsidiary company
                                                              and holding company
                                                               of the company and
                                                                 the directors,
                                                              equity shares of the
                                                                 company not to
                                                                exceed 5% of the
                                                                aggregate of the
                                                              issued equity shares
                                                                 of the company.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
    Bharat         BHEL IN   6129523  09/20/04    Bangalore     Accept Profit and   Management    Not Attended
  Electronics                                                         Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Dr. M. Rommohan Rao,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                    Prof. N.
                                                                Balakrishnan, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. K. N. Gupta, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                Appoint Mr. K.U.    Management    Not Attended
                                                               Limaye as Director
                                                                 of the company.

                                                                Appoint Mr. Mohd    Management    Not Attended
                                                                 Haleem Khan as
                                                                 Director of the
                                                                    company.

                                                              Appoint Vice Admiral  Management    Not Attended
                                                                P. Jaithly, PVSM,
                                                                  AVSM, VSM as
                                                                 Director of the
                                                                    company.

                                                                Appoint Lt. Gen.    Management    Not Attended
                                                              Davinder Kumar, VSM
                                                              & Bar as Director of
                                                                  the company.

                                                                Appoint Mr. M. L.   Management    Not Attended
                                                              Shanmukh as Director
                                                                 of the company.

    Sintex         BVML IN   6312721  09/25/04      Kalol       Accept Profit and   Management    Not Attended
  Industries                                                          Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Shri Ashwin Laibhai
                                                              Shah, who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Shri S.B. Dangayach,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                Shri Rooshikumar
                                                              Pandya, who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                              Appoint Auditors and  Management    Not Attended
                                                                Branch Auditors.

                                                              Appoint Dr. Lavkumar  Management    Not Attended
                                                              Kanbial as Director
                                                                 of the company.

  Bongaigaon       BRPL IN   6313939  09/04/04   Bongaigaon     Accept Profit and   Management    Not Attended
  Refinery &                                                          Loss
Petrochemicals                                                  Statement, Balance
     Ltd.                                                     Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Shri R. M. Hazarika,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                Appoint Shri P.C.   Management    Not Attended
                                                               Sharma as Director
                                                                 of the company.

                                                              Appoint Shri Ajay as  Management    Not Attended
                                                                 Director of the
                                                                    company.

                                                                Appoint Shri C.P.   Management    Not Attended
                                                              Joshi as Director of
                                                                  the company.

                                                               Appoint Shri K. K.   Management    Not Attended
                                                              Acharya as Director
                                                                 of the company.

 Zee Telefilms      Z IN     6188535  09/28/04     Mumbai       Accept Profit and   Management         Yes         For        For
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         Yes         For        For
                                                                on equity shares.

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr. Laxmi N. Goel,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr. D.P. Naganand,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                Appoint statutory   Management         Yes         For        For
                                                                    auditors.

                                                              Approve appointment   Management         Yes         For        For
                                                                 of Mr. Subhash
                                                                Chandra, Chairman
                                                                  and Managing
                                                                 Director of the
                                                              company as Managing
                                                              Director of Asia TV
                                                                 Limited, UK, a
                                                              wholly owned foreign
                                                                subsidiary of the
                                                                    company.

                                                                Allow Mr. Jawahar   Management         Yes         For        For
                                                              Goel, brother of Mr.
                                                              Subhash Chandra and
                                                                 Mr. Laxmi Goel,
                                                                Directors of the
                                                              company, to hold an
                                                              office and place of
                                                              profit as President
                                                              of Sitcable Networks
                                                                 Limited, wholly
                                                              owned subsidiary of
                                                                  the company.

   Container       CCRI IN   6100982  09/20/04    New Delhi     Accept Profit and   Management    Not Attended
Corporation of                                                        Loss
 India Limited                                                  Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Shri A.K. Kohli, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                Shri R.K. Narang,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Dr. P.S. Sarma, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                              To appoint M/s. S.N.  Management    Not Attended
                                                                Dhawan & Co., as
                                                                    chartered
                                                               accountants and to
                                                                    fix their
                                                                 renumberation.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                 To appoint Shri    Management    Not Attended
                                                              Pradeep Bhatnagar as
                                                                    Director.

                                                              To appoint Shri Arun  Management    Not Attended
                                                              N. Pai as Director.

     Jyoti         JYS IN    6135650  09/22/04     Mumbai       Accept Profit and   Management         Yes         For        For
  Structures                                                          Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr. M.P. Tejwani,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                    Mr. S.H.
                                                                Mirchandani, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                Appoint Auditors.   Management         Yes         For        For

                                                                To authorize the    Management         Yes         For        For
                                                                Board to appoint
                                                                  auditors and
                                                               accountants and to
                                                                    fix their
                                                                  remuneration.

                                                                To reappoint Mr.    Management         Yes         For        For
                                                                 K.R. Thakur as
                                                              Managing Director of
                                                                the company for a
                                                              further period of 3
                                                                years with effect
                                                              from April 1, 2004.

 Welspun India     WLSP IN   6948104  09/25/04     Gujarat      Accept Profit and   Management    Not Attended
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr. GR Goenka, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. RR Mandawewala,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr. MG Diwan, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                              Reappoint Sri Apurba  Management    Not Attended
                                                                Kumar Dasgupta as
                                                              additional director
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                To authorize the    Management    Not Attended
                                                                Board to appoint
                                                                  auditors and
                                                               accountants and to
                                                                    fix their
                                                                  remuneration.

                                                                  To appoint RR     Management    Not Attended
                                                                 Mandawewala as
                                                               executive director
                                                                   and fix his
                                                                  remuneration

    Dishman        DISH IN   B00L1L0  09/24/04    Ahmedabad     Accept Profit and   Management    Not Attended
Pharmaceuticals                                                       Loss
 and Chemicals                                                  Statement, Balance
    Limited                                                   Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                               Dr Klaas Zljlstra,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr. Rajnikan Vyas,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mrs. Deohooti Vyas,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                              Appoint the auditors  Management    Not Attended
                                                                  and fix their
                                                                  remuneration

                                                               To appoint Dr Henk   Management    Not Attended
                                                              Pluim as Additional
                                                                 Director of the
                                                                     Company

                                                                  To appoint Dr     Management    Not Attended
                                                               Yagneshkumar Desai
                                                                  as Additional
                                                                 Director of the
                                                                     Company

                                                              To appoint Dr Sanjay  Management    Not Attended
                                                                   Majmudar as
                                                              Additional Director
                                                                 of the Company

                                                              To appoint Dr Ashok   Management    Not Attended
                                                              Gandhi as Additional
                                                                 Director of the
                                                                     Company

                                                                To reappoint Shru   Management    Not Attended
                                                                Janmejay Vyas as
                                                                Managing Director
                                                              for 5 years from 1st
                                                               March, 2005 and to
                                                              fix his remuneration
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
 Gammon India      GMON IN   6361897  09/29/04     Mumbai       Accept Profit and   Management         Yes         For        For
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         Yes         For        For
                                                                on equity shares.

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                Dr SA Reddi, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                Dr CC Dayal, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                               Dr Atul Dayal, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                              Dr SK Guha Thakurta,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                To reappoint the    Management         Yes         For        For
                                                                auditors and fix
                                                               their remuneration

                                                                To authorize the    Management         Yes         For        For
                                                              board to acquire the
                                                                securities of any
                                                              other body corporate
                                                                 and to give any
                                                                guarantee and or
                                                              provide any security
                                                              including by way of
                                                              pledge of shares or
                                                                other securities
                                                              held by the company
                                                               in any other boday
                                                                  corporate in
                                                                connection with a
                                                                loan made by any
                                                               other person to or
                                                              to any other person
                                                                   by any body
                                                              corporate from time
                                                                 to time and in
                                                                 particular the
                                                              transactions of the
                                                                above nature with
                                                                  the companies
                                                              hereafter mentioned.

Van Information    VANS IN   6258643  09/30/04     Mumbai       Accept Profit and   Management         Yes         For        For
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                                Dr CC Dayal, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                               Dr Atul Dayal, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                 To appoint the     Management         Yes         For        For
                                                                auditors and fix
                                                               their remuneration

 Bharti Tele-     BHARTI IN  6442327  10/09/04    New Delhi      Issue of equity    Management    Not Attended
   Ventures                                                       shares of the
    Limited                                                   company to M/s. DSS
                                                              Enterprises Private
                                                               Limited consequent
                                                                  upon merger.

                                                                Authorization for   Management    Not Attended
                                                              borrowing in excess
                                                                of paid up share
                                                                capitol and share
                                                                    reserves.

                                                                Authorization for   Management    Not Attended
                                                              charging/mortgaging
                                                                properties of the
                                                                    company.

   Dredging        DCIL IN   6724564  09/24/04    New Delhi     Accept Profit and   Management    Not Attended
Corporation of                                                        Loss
 India Limited                                                  Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Shri A.K. Dhar, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Shri C.V. Dikshith,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                Dr. S. Kathiroli,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint M/s      Management    Not Attended
                                                              Sriamamurthy & Co.as
                                                              auditors and to fix
                                                              their remuneration.

Gujarat Ambuja     GAMB IN   6100119  10/18/04     Gujarat      Accept Profit and   Management    Not Attended
Cements Limited                                                       Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Nimesh Kampani,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                Mr. Harshavardhan
                                                              Neotia, who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                   Mr. Pulkit
                                                                 Sekhsaria, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr. Nasser Munjee,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Nimesh Kampani,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr. P.B. Kulkarni,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                Appoint M/s Dalal   Management    Not Attended
                                                                and Shah and M/s.
                                                                 S.R. Batlibol &
                                                                  Associates.as
                                                              auditors and to fix
                                                              their remuneration.

                                                                 Apoint Mr. N.P.    Shareholder   Not Attended
                                                                 Ghuwalewala as
                                                                    Director.

                                                              Authorize the Board   Management    Not Attended
                                                              to create, offer and
                                                               grant an aggregate
                                                               of up to 10,00,000
                                                               (Ten Lacs) options
                                                                to the employees.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                              Authorize the Board   Management    Not Attended
                                                              to create, offer and
                                                                grant options to
                                                                  employees of
                                                                    Company's
                                                               subsidiaries under
                                                               the Employee Stock
                                                              Option Scheme of the
                                                               company within the
                                                                overall limit of
                                                              10,00,000 (Ten Lacs)
                                                              Options for the year
                                                                   2004-2005.

                                                               Reappoint Mr. P.B.   Management    Not Attended
                                                                   Kulkarni as
                                                              Whole-time Director
                                                              of the company for 5
                                                              years, starting 1st
                                                              February, 2004, and
                                                                   to fix his
                                                                  remuneration.

     SB&T          SBT IN    6372576  09/30/04     Mumbai       Accept Profit and   Management         Yes         For        For
 International                                                        Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management         Yes         For        For
                                                                on equity shares.

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                               Mr. Virendra Kumar
                                                               Sethi, who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Sanjiv Chainani,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management         Yes         For        For
                                                                  reappoint) a
                                                              Director in place of
                                                              Mr. Sunill Talreja,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                Appoint M/s M.M.    Management         Yes         For        For
                                                                  Dubey & Co.,
                                                                    Chartered
                                                              Accounts.as auditors
                                                                and to fix their
                                                                  remuneration.

                                                                Appoint M/s RSM &   Management         Yes         For        For
                                                                 Co., Chartered
                                                                 Accountants.as
                                                              auditors and to fix
                                                              their remuneration.

                                                               Appoint Mr. Martin   Shareholder        Yes         For        For
                                                              Feinstein, a foreign
                                                                  national, as
                                                                 Director of the
                                                                    company.

  Jaoprakash       JPA IN    B01GVY7  09/29/04     Lucknow      Accept Profit and   Management    Not Attended
  Associates                                                          Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.
                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                  Shri Prabodh
                                                               Varaglal Vana, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                                Shri Rahul Kumar,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint (or      Management    Not Attended
                                                                  reappoint) a
                                                              Director in place of
                                                              Shri Ramvijay Singh,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                Appoint M/s M.P.    Management    Not Attended
                                                              Singh & Associates,
                                                                    Chartered
                                                              Accounts.as auditors
                                                                and to fix their
                                                                  remuneration.

                                                                    To start        Management    Not Attended
                                                                remuneration for
                                                               Manoj Gaur who was
                                                                  appointed as
                                                              Managing Director in
                                                                      2001

                                                                To appoint Sunil    Management    Not Attended
                                                                 Kumar Sharma as
                                                                Managing Director
                                                                 and to fix the
                                                                  remuneration

                                                                  To revise the     Management    Not Attended
                                                                 remuneration of
                                                              Sunny Gaur, director
                                                              w.e.f 1st April 2004

                                                                  To revise the     Management    Not Attended
                                                                 remuneration of
                                                                  Rahul Kumar,
                                                               director w.e.f 1st
                                                                   April 2004

                                                                To appoint Samir    Management    Not Attended
                                                                Gaur as director

                                                                To appoint Pankaj   Management    Not Attended
                                                                Gaur as director

                                                                To appoint S. O.    Management    Not Attended
                                                               Natwal as director

                                                                To appoint Suresh   Management    Not Attended
                                                                Jain as director

                                                                To appoint Rakesh   Management    Not Attended
                                                               Sharma as director

                                                              To appoint S. C. K.   Management    Not Attended
                                                                Patna as director
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                To authorize the    Management    Not Attended
                                                                  directors to
                                                                 mortgage/charge
                                                                properties of the
                                                               company to various
                                                                      banks

                                                                To authorize the    Management    Not Attended
                                                                  directors to
                                                                 mortgage/charge
                                                                properties of the
                                                                company to secure
                                                              the working capital
                                                                to consortium of
                                                                banks with Canara
                                                                Bank as the lead

                                                                To authorize the    Management    Not Attended
                                                                  directors to
                                                              mortgage/charge land
                                                                 admeasuring 312
                                                              acres to secure term
                                                              loan in consultation
                                                                with ICICI Bank.

                                                                To authorize the    Management    Not Attended
                                                                  directors to
                                                              mortgage/charge land
                                                                 admeasuring 250
                                                              acres to secure term
                                                              loan in consultation
                                                                  with Jamu and
                                                                  Kashmir Bank.

                                                                To authorize the    Management    Not Attended
                                                              directors to borrow,
                                                              subject to aggregate
                                                                not over Rs. 5000
                                                                     Crores.

   Sterlite        STLT IN   6289494  09/28/04   Aurangabad     Accept Profit and   Management    Not Attended
  Industries                                                          Loss
(India) Limited                                                 Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                               Appoint a Director   Management    Not Attended
                                                                 in place of Mr.
                                                                  Dwarkaprasad
                                                              Agarwal, who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                                 in place of Mr.
                                                               Ishwarlal Patwari,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                              To appoint auditors   Management    Not Attended
                                                                and to fix their
                                                                  remuneration

                                                              To appoint Mr. C.V.   Shareholder   Not attended
                                                              Krishnan as director
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                To authorize the    Management    Not Attended
                                                              board to acquire, by
                                                              way of subscription,
                                                                   purchase or
                                                                otherwise, equity
                                                                 shares or other
                                                                 securities, in
                                                                "Bharat Aluminium
                                                              Company Limited", a
                                                                subsidiary of the
                                                                 company upto an
                                                              amount not exceeding
                                                                Rs. 2500 Crore in
                                                              aggregate, in one or
                                                                 more tranches.

                                                                To authorize the    Management    Not Attended
                                                              board to acquire, by
                                                              way of subscription,
                                                                   purchase or
                                                                otherwise, equity
                                                                 shares or other
                                                                 securities, in
                                                                "Vedanta Alumina
                                                                   Limited", a
                                                                subsidiary of the
                                                                 company upto an
                                                              amount not exceeding
                                                                Rs. 1000 Crore in
                                                              aggregate, in one or
                                                                 more tranches.

                                                                   To intimate      Management    Not Attended
                                                               shareholders about
                                                              their right to make
                                                               the nomination for
                                                              shares held by them
                                                                in physical form.

   Mahanagar       MTNL IN   6117807  09/29/04    New Delhi     Accept Profit and   Management    Not Attended
   Telephone                                                          Loss
     Nigam                                                      Statement, Balance
    Limited                                                   Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                               Appoint a Director   Management    Not Attended
                                                                 in place of Mr.
                                                               Jagdish Shettigar,
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                               Appoint a Director   Management    Not Attended
                                                               in place of Mr. A.
                                                              S. Vyas, who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                               in place of Mr. A.
                                                                  C. Padhi, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   To fix the       Management    Not Attended
                                                              remuneration of the
                                                              Statutory and Branch
                                                                 Auditors to be
                                                                appointed by the
                                                                  Comptroller &
                                                               Auditor General of
                                                                  India for the
                                                                 Financial Year
                                                                   2004-2005.

    Bharat         BHEL IN   6129523  09/28/04    New Delhi     Accept Profit and   Management    Not Attended
     Heavy                                                            Loss
  Electricals                                                   Statement, Balance
    Limited                                                   Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                               Declare a dividend   Management    Not Attended
                                                                on equity shares.

                                                               Appoint a Director   Management    Not Attended
                                                                in place of H. W.
                                                                 Bhatnagar, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                               in place of Mr. C.
                                                                 Srinivasan, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                                 in place of Mr.
                                                              Sharad Upasani, who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   To fix the       Management    Not Attended
                                                                 remuneration of
                                                                    auditors

                                                              To appoint Ramji Rai    himself     Not Attended
                                                                   as director

                                                                To appoint S. K.      himself     Not Attended
                                                                Jain as director

                                                                To appoint A. H.      himself     Not Attended
                                                                Jung as director

                                                                To appoint S. S.      himself     Not Attended
                                                                Supe as director

                                                                To appoint Ranjan     himself     Not Attended
                                                                Pant as director

                                                                To appoint Vineet     himself     Not Attended
                                                               Nayyar as director

                                                                To appoint A. K.      himself     Not Attended
                                                                Puri as director

                                                                To appoint Naresh     himself     Not Attended
                                                                  Chaturvedi as
                                                                    director

                                                              To appoint D. R. S.     himself     Not Attended
                                                                  Chaudhary as
                                                                    director

                                                              To delist the equity  Management    Not Attended
                                                                shares of company
                                                              from The Delhi Stock
                                                                  Exchange Ltd,
                                                                 Ahmedabad Stock
                                                                Exchange, Madras
                                                               Stock Exchange Ltd
                                                                and the Calcutta
                                                                 Stock Exchange.

 Shyam Telecom     SHY IN    6230373  09/27/04     Jaipur       Accept Profit and   Management    Not Attended
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                               Appoint a Director   Management    Not Attended
                                                              in place of Ravikant
                                                              Jaipuria who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                                in place of Ashok
                                                                Jhunjhunwala who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                                in place of Rajiv
                                                              Mehrotra who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                              To appoint auditors   Management    Not Attended
                                                                and to fix their
                                                                  remuneration

                                                                 To appoint Ajay    Management    Not Attended
                                                               Khanna as Managing
                                                              Director and to fix
                                                                his remuneration

                                                                 To appoint Alok    Management    Not Attended
                                                               Tandon as Managing
                                                              Director and to fix
                                                                his remuneration

                                                              To appoint Achintya   Management    Not Attended
                                                               Karati as Director

Oil and Natural    ONGC IN   6139362  09/29/04    New Delhi     Accept Profit and   Management    Not Attended
Gas Corporation                                                       Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               To confirm interim   Management    Not Attended
                                                              dividend and declare
                                                                 final dividend

                                                               Appoint a Director   Management    Not Attended
                                                                 in place of U.
                                                                Sundararajan who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                              in place of Rajesh V
                                                              Shah who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                               Appoint a Director   Management    Not Attended
                                                                in place of M. M.
                                                              Chitale who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                                in place of Y. B.
                                                              Sinha who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                               Appoint a Director   Management    Not Attended
                                                                in place of A. K.
                                                               Balyan who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                              To fix remuneration   Management    Not Attended
                                                                 of the auditors

                                                              To delist the equity  Management    Not Attended
                                                                shares from Delhi
                                                                 Stock Exchange

                                                                  To modify the     Management    Not Attended
                                                                   Articles of
                                                               association of the
                                                                     company

                                                                To keep copies of   Management    Not Attended
                                                                   the company
                                                                documents at the
                                                              office of Registrar
                                                                & share transfer
                                                                      agent

 Gammon India      GMON IN   6361897  10/29/04     Mumbai       To authorize the    Management         Yes       Against    Against
    Limited                                                      Board to offer,
                                                                issues, and allot
                                                              upto 2,178,218 fully
                                                                 paid up equity
                                                                  shares to Uno
                                                                Investments, on a
                                                                  preferential
                                                              allotment basis at a
                                                              price of INR 505 per
                                                                      share

                                                                To authorize the    Management         Yes         For        For
                                                                Board to create,
                                                                offer, issue, and
                                                              allot securities to
                                                              any person including
                                                                foreign/resident
                                                               investors, foreign
                                                                  institutional
                                                                   investors,
                                                              promoters, direcors
                                                              and their relatives,
                                                                   friends and
                                                               associates through
                                                               public issue(s) of
                                                              prospectus, private
                                                               placement(s), or a
                                                              combination thereof
                                                                 at such time or
                                                                 times, at such
                                                                  prices, at a
                                                              discount or premium
                                                               to market price in
                                                               such manner and on
                                                                 such terms and
                                                              conditions including
                                                                security, rate of
                                                                interest, etc. as
                                                                may be decided by
                                                                   and deemed
                                                               appropriate by the
                                                                  Board at its
                                                              absolute discretion
                                                              in consultation with
                                                              lead managers for an
                                                              amount not exceeding
                                                               US $ 12 million in
                                                                 any convertible
                                                                foreign currency.

HCL Infosystems    HCLI IN   6139919  10/21/04    New Delhi     Accept Profit and   Management    Not Attended
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               To confirm interim   Management    Not Attended
                                                              dividend and declare
                                                                 final dividend
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                               Appoint a Director   Management    Not Attended
                                                                in place of Ajay
                                                              Chowdry who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                                  in place of S
                                                                Bhattacharya who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management    Not Attended
                                                                 in place of TS
                                                                Purushothaman who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                Re-appointment of   Management    Not Attended
                                                                 Ajay Chowdry as
                                                               chairman and chief
                                                                    executive

                                                              Re-appointment of TS  Management    Not Attended
                                                                Purushothaman as
                                                               chairman and chief
                                                                    executive

                                                              Fix remuneration of   Management    Not Attended
                                                              Ravi Thumboochetty,
                                                              whole-time directior

                                                              de-list shares from   Management    Not Attended
                                                               Stock Exchanges of
                                                                Delhi and Madras

                                                                Amend the options   Management    Not Attended
                                                                    exercise
                                                                  price/pricing
                                                                     formula

   Hindalco        HNDL IN   6100142  11/16/04     Mumbai      Approve the Scheme   Management         Yes         For        For
Industires Ltd.                                                  of Arrangement
                                                               between the Indian
                                                                Aluminium Company
                                                              Limited the Demerged
                                                                 Company and the
                                                              Hindalco Industries
                                                                   Limited the
                                                                Applicant Company
                                                              and their respective
                                                              shareholders and the
                                                              creditors the Scheme

  ITC Limited      ITC IN    6124614  11/19/04     Kolkata     Approve the Scheme   Management    Not Attended
                                                                 of Arrangement
                                                               between ITC Hotels
                                                                and Ansal Hotels
                                                                with ITC Limited

   HDFC Bank      HDFCB IN   6100131  11/30/04     Mumbai       To authorize the    Management         Yes         For        For
    Limited                                                      Board to offer,
                                                              issue and allot. In
                                                                  the course of
                                                                  international
                                                              offering(s), through
                                                              a public issue or on
                                                              a private placement
                                                                  basis, equity
                                                                securities in the
                                                                form of American
                                                                Depository Shares
                                                              representing equity
                                                               shares of the bank
                                                              to be listed on New
                                                              York Stock Exchange,
                                                               not exceeding US $
                                                               300 million and to
                                                              authorize the Board
                                                              to do all necessary
                                                                  formalities.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
    Matrix         HDPH IN   6652416   Postal      Postal         To alter the      Management         Yes         For        For
 Laboratories                                                     Memorandum of
    Limited                                                      Association of
                                                                 Company (Object
                                                                Clause) to allow
                                                              company to carry out
                                                                business done by
                                                              Calibre Engineering
                                                              Limited pursuant to
                                                               merger approved by
                                                                 the High Court

                                                                To authorize the    Management         Yes         For        For
                                                                Board to create,
                                                              offer, and issue to
                                                              shareholders of Vera
                                                                  Laboratories
                                                              Limited, Fine Drugs
                                                                  and Chemicals
                                                                Limited, Medikon
                                                              Laboratories Limited
                                                                   and Calibre
                                                              Engineering Private
                                                              Limited, on approval
                                                                of the scheme of
                                                                 arrangement for
                                                              amalgamation of the
                                                              said companies with
                                                              matrix Laboratories
                                                              Limited, such number
                                                              of equity shares of
                                                              face value of Rs. 10
                                                              each not exceeeding
                                                               425,000 in number.

     Jyoti         JYS IN    6135650  12/15/04     Mumbai         Authorize the     Manangement        Yes         For        For
  Structures                                                       issuance of
    Limited                                                     2,000,000 shares
                                                              'New Equity Shares'
                                                              of Rs 10/- each for
                                                              a cash premium of Rs
                                                              101/- per share and
                                                               offer the same for
                                                                 subscription on
                                                               preferential basis
                                                               to Reliance Energy
                                                              Investments Private
                                                                     Limited

Kotak Mahindra     KMB IN    6135661  12/27/04     Mumbai         Authorize the     Management         Yes         For        For
 Bank Limited                                                      issuance of
                                                                3,300,000 shares
                                                              'New Equity Shares'
                                                              of Rs 10/- each for
                                                              a cash premium of Rs
                                                              220/- per share and
                                                               offer the same for
                                                                 subscription on
                                                               preferential basis
                                                               to the subaccounts
                                                                 of M/s. Warburg
                                                              Pincus International
                                                                       LLC

                                                              increase ceiling on   Management         Yes         For        For
                                                              total investments by
                                                                     foreign
                                                                  institutional
                                                                investors to 30%
                                                                    from 24%

Hindustan Lever    HLVR IN   6261674  12/24/04     Postal     Transter by the way   Management         Yes       Abstain    Abstain
    Limited                                                   of sale or otherwise
                                                                 its undertaking
                                                                 involved in the
                                                               manufacter of soap
                                                                    and soap
                                                                intermediares at
                                                              Haji Bunder, Sewri,
                                                              Mumbai, Maharashtra
                                                                  to one of its
                                                                  subsidiaries

                                                               Transfer by way of   Management         Yes       Abstain    Abstain
                                                                    sale its
                                                                  functionlized
                                                              biopolymers business
                                                                    including
                                                                  manufacturing
                                                                  facilities at
                                                                Pondicherry to a
                                                              suitable third pary
                                                               or to a subsidiary
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
Centurion Bank    CENTD IN   6438519  12/23/04     Postal        To carry on the    Management         Yes       Abstain    Abstain
    Limited                                                        business of
                                                                  factoring by
                                                                 purchasing and
                                                                  selling debt
                                                                 receivables and
                                                                claims including
                                                              invoice discounting
                                                               and rendering bill
                                                              collection and debt
                                                              collection and other
                                                               factoring services
                                                                and to solicit or
                                                                procure insurance
                                                                  business as a
                                                              corporate agent and
                                                                     broker

    Infosys        INFO IN   6205122  12/18/04    Bangalore   Authorize ADS issue   Management    Not Attended     Not
 Technologies                                                 of par value Rs 5/-                               Attended
    Limited                                                   share not exceeding
                                                               16,000,000 shares.

    Matrix         HDPH IN   6652416  12/16/04    Hyderabad     Accept Profit and   Management    Not Attended     Not
 Laboratories                                                         Loss                                      Attended
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               To confirm interim
                                                              dividend and declare
                                                                 final dividend

                                                               Appoint a Director
                                                              in place of N Prasad
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                               Appoint a Director
                                                                  in place of C
                                                                Satyanarayana who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                   Appoint the
                                                              auditors: Deloitte,
                                                                 Haskins & Sell

                                                               Appoint Mr. Puneet
                                                               Bhatla as director

                                                              Appoint Mr. Fred E.
                                                                Cohen as director

                                                                  Appoint Mr. S
                                                              Iewaran as director

                                                                 Appoint Michael
                                                                  Woolridge as
                                                                    director

                                                              Revise remuneration
                                                              of Mr. N Prasad CEO

                                                              Revise remuneration
                                                                    of Mr. C
                                                                Satyanarayana COO

                                                                   Payment of
                                                                  commission to
                                                                  non-executive
                                                                    directors
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>           <C>            <C>      <C>
                                                                 Enhancement of
                                                                authorized share
                                                                     capital

                                                                 Sub-division of
                                                                     shares

                                                                 Issue of bonus
                                                                     shares

                                                                 Employee stock
                                                                  option scheme

      Sun          SUNP IN   6582483  12/30/04    Vadodara      Accept Profit and   Management    Not Attended     Not
Pharmaceuticals                                                       Loss                                      Attended
  Industries                                                    Statement, Balance
    Limited                                                   Sheet, Report of the
                                                                  Directors and
                                                                    Auditors.

                                                               To confirm interim
                                                              dividend and declare
                                                                 final dividend

                                                               Appoint a Director
                                                                in place of Mr S
                                                              Mohanchand Dadha who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director
                                                              in place of Sudir V
                                                              Valia who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                   Appoint the
                                                              auditors: Deloitte,
                                                                 Haskins & Sell

                                                                   reclassify
                                                                authorized share
                                                                     capital

                                                              modify the articles
                                                                 of association

                                                               Delist shares from
                                                               the Calcutta Stock
                                                                    Exchange

    Satyam         SCS IN    6241858  01/07/05  Secunderabad      Authorize the     Management    Not Attended     Not
   Computer                                                   issuance of ADRs of                               Attended
   Services                                                     par value of Rs 2
                                                                  per share not
                                                              exceeding 30,000,000
                                                                     shares

    Sintex         BVML IN   6312712  12/30/04      North          Authorize a      Management    Not Attended     Not
  Industries                                       Gujarat        preferential                                  Attended
    Limited                                                   allotment of shares
                                                                of 3mn shares tto
                                                                    Lightwood
                                                                Investments at a
                                                              price of Rs 280.10,
                                                                 2.9mn warrants
                                                                convertible into
                                                              2.9n equity shares.
                                                                1.2mn warrants to
                                                                BVM Finance, Opal
                                                              Securities and Kolon
                                                                   Investments
                                                                convertible into
                                                              1.2mn equity shares.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
  Jaiprakash       JPA IN    BO1GVY7  01/19/05     Postal     Approval to provide   Management         yes       abstain    abstain
  Associates                                                  corporate guarantees
    Limited

                                                               Approval to pledge   Management         yes       abstain    abstain
                                                                 shares to JDVL

                                                                Approval to make    Management         yes       abstain    abstain
                                                                investment in JCL

                                                                Approval to raise   Management         yes       abstain    abstain
                                                                   money from
                                                              international market

                                                                   Approval to      Management         yes       abstain    abstain
                                                                   re-appoint
                                                              whole-time director

                                                               Approval to create   Management         yes       abstain    abstain
                                                                    security

  ICICI Bank     ICICIBC IN  6100368  01/24/04     Postal         To sponsor an     Management         yes         for        for
    Limited                                                   offering of American
                                                              Depository Shares by
                                                              the existing equity
                                                              shareholders against
                                                               the shares held by
                                                                them and to carry
                                                                out all necessary
                                                                   formalities

 Tata Cemicals     TTCH IN   6101167  01/18/04     Mumbai     Authorize the board   Management         yes         for        for
    Limited                                                   to raise additional
                                                              long term resources,
                                                                not to exceed US$
                                                                150mn at any time

                                                                 To increase the    Management         yes         for        for
                                                                authorized share
                                                               capital of company
                                                                  from INR 2.35
                                                              billion to INR 2.70
                                                                     billion

                                                                  To amend the      Management         yes         for        for
                                                                  memorandum of
                                                                 association to
                                                              reflect increase in
                                                                authorized share
                                                                    capital.

                                                                  To amend the      Management         yes         for        for
                                                                   articles of
                                                                 association to
                                                              reflect increase in
                                                                authorized share
                                                                    capital.

                                                                To authorize the    Management         yes         for        for
                                                                 board to borrow
                                                                subject to total
                                                                 limit of INR 35
                                                                     billion

                                                                To authorize the    Management         yes         for        for
                                                                 board to create
                                                                charge on company
                                                              assets for borrowing

  Siemans Ltd      SIEM IN   6099659  01/27/04     Mumbai       Accept Profit and   Management         Yes         for        for
                                                                      Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 30th
                                                                 September 2004

                                                               To confirm interim   Management         Yes         for        for
                                                                 dividend and to
                                                                  declare final
                                                                    dividend

                                                               Appoint a Director   Management         Yes         for        for
                                                               in place of Mr D C
                                                               Shroff who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                               Appoint a Director   Management         Yes         for        for
                                                               in place of Mr Y H
                                                              Malegam who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management         Yes         for        for
                                                               in place of Mr A B
                                                              Nadkarni who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                              To re-appoint BSR &   Management         Yes         for        for
                                                                Co. as statutory
                                                                    auditors

                                                              To re-appoint Mr. J   Management         Yes       abstain    abstain
                                                              Schubert as Managing
                                                              Director and fix his
                                                                  remuneration

                                                                  To reimburse      Management         Yes       abstain    abstain
                                                              children's education
                                                                expenses to Mr. H
                                                                Gelis, Executive
                                                                    Director

                                                               To approve payment   Management         Yes         For        For
                                                              of commission to non
                                                              executive directors

                                                               To change place of   Management         Yes         For        For
                                                              keeping register and
                                                                index of members,
                                                                      etc.

 Welspun India     WLSP IN    694840  01/31/05     Gujarat    consider the scheme   Management    Not Attended     Not
    Limited                                                      of arrangement                                 Attended
                                                                 between Glofame
                                                                Cotspin Inds and
                                                                Welspun India Ltd
                                                              and their respective
                                                                   members and
                                                                    creditors

   S.B. & T        SBT IN    6372576  02/05/05     Mumbai        increase share     Management         Yes         For        For
 International                                                   capital from Rs
    Limited                                                   165,000,000 divided
                                                               into 16,500,000 to
                                                              200,000,000 divided
                                                                 into 20,000,000

                                                              amend memorandum of   Management         Yes         For        For
                                                                association with
                                                                 respect to the
                                                                 change in share
                                                                     capital

                                                                amend articles of   Management         Yes         For        For
                                                                association with
                                                                 respect to the
                                                                 change in share
                                                                     capital

                                                              authorize the board   Management         Yes       Abstain    Abstain
                                                                 to offer, on a
                                                               preferential basis
                                                                  up to 500,000
                                                                warrants carrying
                                                                 entitlement to
                                                              convert to an equal
                                                              amount of shares of
                                                              rs/10- each at a Rs
                                                                  95/- to SETHI
                                                               MERCANTILE PRIVATE
                                                                     LIMITED
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                              authorize the board   Management         Yes       Abstain    Abstain
                                                                 to offer, on a
                                                               preferential basis
                                                                  up to 500,000
                                                                warrants carrying
                                                                 entitlement to
                                                              convert to an equal
                                                              amount of shares of
                                                              rs/10- each at a Rs
                                                               100/- to WSS MEDIA
                                                                      INC,

                                                              authorize the board   Management         Yes       Abstain    Abstain
                                                                 to offer, on a
                                                               preferential basis
                                                                  up to 900,000
                                                                warrants carrying
                                                                 entitlement to
                                                              convert to an equal
                                                                amount of FCDs of
                                                              rs/10- each at a Rs
                                                                     80/- to

                                                              authorize the board   Management         Yes       Abstain    Abstain
                                                                 to offer, on a
                                                               preferential basis
                                                                up to 1,9000,000
                                                                 warrants equity
                                                                shares of rs/10-
                                                              each at a Rs 80/- to
                                                                     various

   Geodesic         BHV IN   6701374  02/10/05     Mumbai     Approve Bonus Issue   Management         Yes         For        For
  Information
    Systems
    Limited

                                                                Change par value    Management         Yes         For        For
                                                               from Rs 10/- to Rs
                                                                       2/-

                                                              Amend the Memorandum  Management         Yes         For        For
                                                                of Association of
                                                                 the company to
                                                               reflect the change
                                                                  in par value

      Sun          SUNP IN   6582483  02/08/05     Mumbai     Appoint the auditors  Management         Yes         For        For
Pharmaceutical                                                Deloitte, Haskins &
  Industries                                                    Sells in place of
    Limited                                                     Price Waterhouse

Centurion Bank    CENTD IN   6438519  02/07/05       Goa        To authorize the    Management    Not attended     Not
    Limited                                                      Board to offer,                                attended
                                                              issue and allot. In
                                                                  the course of
                                                                  international
                                                              offering(s), through
                                                              a public issue or on
                                                              a private placement
                                                                  basis, equity
                                                                securities in the
                                                               form of American /
                                                                Global Depository
                                                              Shares representing
                                                                equity shares or
                                                                Foreign currency
                                                              convertible bonds or
                                                              any other permitted
                                                                 instrument, not
                                                                exceeding Rs. 600
                                                                  Crores and to
                                                              authorize the Board
                                                              to do all necessary
                                                                  formalities.

    Balaji         BLJT IN   6545538  02/25/05     Mumbai      Amend the articles   Management         Yes         For        For
   Telefilms                                                     of association
    Limited

                                                                   Revision in      Management         Yes         For        For
                                                              remuneration of the
                                                                Managing Driector
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                Revisions in the    Management         Yes         For        For
                                                              remuneration of the
                                                                creative director

                                                                   Payment of       Management         Yes         For        For
                                                                commission to Mr.
                                                                Jeetendra Kapoor

                                                                Appointment of Ms   Management         Yes         For        For
                                                              Michelle Guthrie as
                                                              a non-retiring non-
                                                               executive director
                                                                 of the company

                                                               Appointment of Mr.   Management         Yes         For        For
                                                              John Yu Leng Law as
                                                                  non-executive
                                                                 director of the
                                                                     company

Jindal Steel &     JSP IN    6726816  03/19/05     Postal      Special resolution   Management         Yes         For        For
 Power Limited                                     Ballot     of shifting location
                                                              of registered office

 NIIT Limited      NIIT IN   B01TR82  02/24/05    New Delhi   authorize the board   Management    not attended     not
                                                               to offer and allot                               attended
                                                              in the course of an
                                                                  international
                                                                offering to intol
                                                              capital corporation,
                                                                by way of private
                                                               placement, foreign
                                                              currency convertible
                                                               bonds in aggregate
                                                              principal amount of
                                                                   $10,000,000

 KPIT Cummins      KPIT IN   6704704  02/18/05      Pune      authorize the board   Management    not attended     not
  Infosystems                                                 to offer additional                               attended
    Limited                                                          shares

                                                               sub divide the par
                                                              value of 1 share of
                                                              rs 10/- to 2 shares
                                                                    of rs 5/-

                                                               amend the articles
                                                                 of association

                                                               cap FII investment
                                                                     at 49%

                                                              approve appointment
                                                              and remuneration of
                                                                  President and
                                                               Executive director
                                                                 of the company

     Hotel         LELA IN   6100335  02/26/05     Mumbai      authorize board to   Management         Yes       abstain    abstain
 Leelaventure                                                   allot shares not
    Limtied                                                   exceeding 10,475,000
                                                              shares at a premium
                                                                  of Rs 141 to
                                                              proposed independent
                                                                    allottees

                                                               to offer, allot in   Management         Yes       Abstain    Abstain
                                                              one or more private
                                                                   offerings,
                                                                 securities not
                                                                  exceeding an
                                                               aggregate value of
                                                              $60 million on terms
                                                              to be decided by the
                                                                      board

                                                                 increase share     Management         Yes       Abstain    Abstain
                                                                 capital of the
                                                                     company
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                              authorize the board   Management         Yes       Abstain    Abstain
                                                              to borrow funds for
                                                                 the purposes on
                                                              conducting business

                                                               Amend the Articles   Management         Yes       Abstain    Abstain
                                                                 of Association

    Sintex         BVML IN   6312721  03/07/05     Gujarat      Amend Articles of   Management         NO          Not        Not
  Industries                                                       Association                                  Attended   Attended
    Limited

                                                               appoint P. Pranand   Management         NO          Not        Not
                                                              as non-exec director                              Attended   Attended
                                                              after formalities of
                                                                 open offer are
                                                                    completed

    Mahavir        MSM IN    6374884  03/05/05    Ludhiana       name change to     Management         NO          Not        Not
   Spinning                                                    "Vardhman Textiles                               Attended   Attended
 Mills Limited                                                      Limited"

Siemens Limited    SIEM IN   6099659  04/25/05     Mumbai       Approve scheme of   Management         Yes         FOR        FOR
                                                                 amalgamation of
                                                                   Siemens VDO
                                                               Automotive Limited
                                                              with Siemens Limited

   Wockhardt       WPL IN    B00YYSY  04/20/05     Mumbai       Accept Profit and   Management         Yes         FOR        FOR
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 30th
                                                                 September 2004
                                                               To confirm interim   Management         Yes         FOR        FOR
                                                                 dividend and to
                                                                  declare final
                                                                    dividend
                                                               Appoint a Director   Management         Yes         FOR        FOR
                                                                 in place of Mr
                                                                Shekhar Datta who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment
                                                               Appoint a Director   Management         Yes         FOR        FOR
                                                                in place of Mr BL
                                                                 Maheshwari who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment
                                                              Appoint the Auditors  Management         Yes         FOR        FOR
                                                                   Approve the      Management         Yes         FOR        FOR
                                                              renumeration to the
                                                                    Directors
                                                              Re-Appoint Chariman   Management         Yes         FOR        FOR
                                                                  and Managing
                                                                 Director of the
                                                                     Company

  Tata Motors      TTMT IN   6101509  04/26/05     Mumbai       Approving with or   Management         Yes         FOR        FOR
    Limited                                                          without
                                                                modifications the
                                                               proposed scheme of
                                                               reorganization and
                                                              amalgamation of Tata
                                                              Finance Limited with
                                                              Tata Motors Limited

   Infotech       INFTC IN   6115500  04/21/05    Hyderabad   allot in one or more  Management         NO          Not        Not
  Enterprises                                                    tranches, on a                                 Attended   Attended
    Limited                                                   private placement or
                                                              preferrential basis,
                                                                equity shares not
                                                                exceeding 450,000
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
 KPIT Cummins      KPIT IN   B06C3W2  04/18/05      Pune      Revise the Articles   Management         NO          Not        Not
  Infosystems                                                   of Association of                               Attended   Attended
    Limted                                                         the Company

                                                              Issue equity shares   Management         NO          Not        Not
                                                                  to permanent                                  Attended   Attended
                                                              employees...options
                                                               excersizeable into
                                                                equity shares not
                                                                more than 10% of
                                                                 issued capital

                                                                 Create options     Management         NO          Not        Not
                                                              exercisable into eq                               Attended   Attended
                                                              shares not more than
                                                              the prescribed limit

Hindustan Lever    HLVR IN   6261674   Postal      Postal       To authorize the    Management         Yes         Yes        For
    Limited                                                       directors to
                                                               transfer by way of
                                                                  sale its tea
                                                              plantation business
                                                                in Assam known as
                                                              Doom Dooma Division
                                                                to a wholly owned
                                                                  subsidiary of
                                                                     company

                                                                To authorize the    Management         Yes         Yes        For
                                                                  directors to
                                                               transfer by way of
                                                                  sale its tea
                                                              plantation business
                                                              in Tamil Nadu known
                                                              as Tea Estates India
                                                                to a wholly owned
                                                                  subsidiary of
                                                                     company

     NIIT         NITEC IN   B02PD81   Postal      Postal       To authorize the    Management         Yes         Yes        For
 Technologies                                                  board of directors
   Limirted                                                     to create, offer,
                                                                 and grant upto
                                                                aggregate 3850000
                                                                options under the
                                                               company's employee
                                                                stock option plan

                                                                To authorize the    Management         Yes         Yes        For
                                                               board of directors
                                                                to create, offer,
                                                                 and grant upto
                                                                aggregate 3850000
                                                                options under the
                                                               company's employee
                                                                stock option plan

 NIIT Limirted     NIIT IN   B01TR82   Postal      Postal       To authorize the    Management         Yes         Yes        For
                                                               board of directors
                                                                to create, offer,
                                                                 and grant upto
                                                                aggregate 1925000
                                                                options under the
                                                               company's employee
                                                                stock option plan

                                                                To authorize the    Management         Yes         Yes        For
                                                               board of directors
                                                                to create, offer,
                                                                 and grant upto
                                                                aggregate 1925000
                                                                options under the
                                                               company's employee
                                                                stock option plan

   National        NATP IN   B037HF1   Postal      Postal     amend the memorandum  Management         Yes         Yes        For
 Thermal Power                                                  of association of
  Corporation                                                      the company
    Limited

  ABB Limited      ABB IN    6124540  05/24/05    Bangalore     Accept Profit and   Management       Did not
                                                                      Loss                           attend
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                  December 2004
                                                              To declare dividend   Management
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                               Appoint a Director   Management
                                                                 in place of Mr
                                                               Dinesh Pallwal who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment
                                                               Appoint a Director   Management
                                                               in place of Mr N S
                                                              Raghavan who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment
                                                              Appoint the Auditors  Management
                                                                To keep company's   Management
                                                              register of members
                                                                at the office of
                                                              registrar and share
                                                                 transfer agent
                                                                   instead of
                                                              registered office of
                                                                     company

Gujarat Ambuja     GAMB IN   6100119  05/26/05    Junagadh      To subdivide each   Management       Did not
Cements Limited                                               equity share of face                   attend
                                                              value of Rs.10 into
                                                                5 shares of face
                                                                   value Rs.2

                                                               To issue and allot   Management
                                                              bonus shares in the
                                                              proportion of 1 new
                                                                 share for every
                                                                existing 2 shares

  Amtek Auto       AMTK IN   B02ZJ27  05/20/05     Haryana      To authorize the    Management       Did not
    Limited                                                    board of directors                    attend
                                                              to issue, offer and
                                                                  allot equity
                                                                 shares/warrants
                                                                   and/or any
                                                                   instruments
                                                                convertible into
                                                                  equity shares
                                                                To authorize the    Management
                                                               board of directors
                                                              to borrow any sum or
                                                                sums of money on
                                                               behalf of company,
                                                                not exceeding Rs.
                                                                2000 Crores total

  The Arvind      ARVND IN   6099712  05/30/05    Ahmedabad     To authorize the    Management       Did not
 Mills Limited                                                 board of directors                    attend
                                                              to issue, offer and
                                                                allot pursuant to
                                                                  international
                                                               offering in one or
                                                                  more foreign
                                                              markets, GDRs or any
                                                              other equity related
                                                                   instrument

   UTI Bank        UTIB IN   6136482   Postal      Postal        To carry on the    Management         Yes         Yes        For
    Limited                                                       biusiness of
                                                                  distributing
                                                               non-life insurance
                                                              or life insurance or
                                                               insurance products
                                                              as a corporate agent

    Dishman        DISH IN   B00L1L0  06/03/05    Ahmedabad     To authorize the    Management       Did not
Pharmaceuticals                                                board of directors                    attend
 and Chemicals                                                to issue, offer and
    Limited                                                       allot equity
                                                                 securities not
                                                                 exceeding USD75
                                                                     million

                                                                To authorize the    Management
                                                               board of directors
                                                              to borrow any sum or
                                                                sums of money on
                                                               behalf of company,
                                                                not exceeding Rs.
                                                              750 Crores total
                                                                To increase the     Management
                                                               capital of company
                                                               from Rs. 15 Crores
                                                                to Rs. 20 Crores

      HCL          HCLI IN   6139919   Postal      Postal       To subdivide each   Management         Yes         For        For
  Infosystems                                                 equity share of face
     Ltd.                                                     value of Rs.10 into
                                                                5 shares of face
                                                                   value Rs.2
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                  To amend the      Management         Yes         For        For
                                                                   articles of
                                                                 association to
                                                                reflect the above
                                                                  To authorise      Management         Yes         For        For
                                                               creation of equity
                                                              shares for the stock
                                                                 options to the
                                                              permanent employees
                                                                  To authorise      Management         Yes         For        For
                                                               creation of equity
                                                              shares for the stock
                                                                 options to the
                                                              permanent employees
                                                                T confer right to   Management         Yes         For        For
                                                              the employees to get
                                                              eqivalent of equity
                                                                shares of Rs. 10
                                                                upon subdivision

   Hindustan       HCC IN    6428543  06/08/05     Mumbai       Accept Profit and   Management         Yes         for        for
 Construction                                                         Loss
    Company                                                     Statement, Balance
    Limited                                                   Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                   March 2005

                                                              To declare dividend   Management         Yes         for        for

                                                               Appoint a Director   Management         Yes         for        for
                                                               in place of Mr Y H
                                                              Malegam who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management         Yes         for        for
                                                              in place of Mr Ram P
                                                               Gandhi who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management         Yes         for        for
                                                                 in place of Mr
                                                                Nirmal P Bhogilal
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                                To re-appoint K S   Management         Yes         for        for
                                                                  Aiyer Co. as
                                                               statutory auditors

                                                                T apprive to pay    Management         Yes         for        for
                                                                  non-executive
                                                                directors of the
                                                              company, in addition
                                                              to the sitting fees,
                                                               a commission of an
                                                              amount not exceeding
                                                                 Rs. 36 lacs per
                                                               annum for a period
                                                                   of 3 years

    Infosys        INFO IN   6205122  06/11/05    Bangalore     Accept Profit and   Management       Did not     Did not    Did not
 Technologies                                                         Loss                           attend      attend     attend
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                   March 2005

                                                              To declare dividend   Management

                                                               Appoint a Director   Management
                                                               in place of Mr N R
                                                              Narayana Murthy who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                               Appoint a Director   Management
                                                                 in place of Mr
                                                                Nandan M Nilekani
                                                                 who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                               Appoint a Director   Management
                                                                in place of Mr K
                                                               Dinesh who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management
                                                                 in place of Mr
                                                                Claude Smadja who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                To resolve not to   Management
                                                              fill the vacancy for
                                                                the time being in
                                                                the Board due to
                                                                retirement of Mr.
                                                                   Philip Yeo

                                                              To re-appoint BSR &   Management
                                                                Co. as statutory
                                                                    auditors

                                                              To re-appoint Mr. T   Management
                                                                V Mohandas Pai as
                                                               wholetime director
                                                               and to approve his
                                                                  remuneration

                                                                To re-appoint Mr.   Management
                                                                Srinath Batni as
                                                               wholetime director
                                                               and to approve his
                                                                  remuneration

                                                                To keep company's   Management
                                                              register of members
                                                                at the office of
                                                              registrar and share
                                                                 transfer agent
                                                                   instead of
                                                              registered office of
                                                                     company

     Patni        PATNI IN   6734745  06/14/05      Pune        Accept Profit and   Management       Did not
   Computer                                                           Loss                           attend
    Systems                                                     Statement, Balance
    Limited                                                   Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                  December 2004

                                                              To declare dividend   Management

                                                               Appoint a Director   Management
                                                                 in place of Mr
                                                              William O Grabe who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management
                                                              in place of Mr Arun
                                                               Duggal who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                              To appoint auditors   Management
                                                                and to fix their
                                                                  remuneration
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                To appoint branch   Management
                                                                    auditors

                                                              Issuance of American  Management
                                                              Depository Receipts

                                                               Appointment of Mr.   Management
                                                               Louis Theodoor van
                                                              den Boog as director

   HDFC Bank      HDFCB IN   6100131  06/17/05     Mumbai       Accept Profit and   Management         For         For        For
    Limited                                                           Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                   March 2005

                                                              To declare dividend   Management         For         For        For

                                                               Appoint a Director   Management         For         For        For
                                                                 in place of Mr
                                                                 Vineet Jain who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director   Management         For         For        For
                                                                 in place of Mr
                                                                Arvind Pande who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                                To resolve not to   Management         For         For        For
                                                              fill the vacancy for
                                                                the time being in
                                                                the Board due to
                                                                retirement of Mr.
                                                                   Anil Ahuja

                                                                To re-appoint P C   Management         For         For        For
                                                                Hansotia & Co. as
                                                               statutory auditors

                                                              To appoint Mr Ashim   Management         For         For        For
                                                              Samanta as director

                                                                  To authorise      Management         For         For        For
                                                                directors sitting
                                                               fees upto Rs 10000
                                                                   per meeting

                                                                To authorize the    Management         For         For        For
                                                              Board to issue upto
                                                                 one crore stock
                                                              options convertible
                                                               into equity shares

   UTI Bank        UTIB IN   6136482  06/10/05    Ahmedabad     Accept Profit and   Management       Did not     Did not    Did not
    Limited                                                           Loss                           attend      attend     attend
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                   March 2005

                                                              To declare dividend
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                               Appoint a Director
                                                                 in place of Mr
                                                               Surendra Singh who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment

                                                               Appoint a Director
                                                               in place of Mr N C
                                                              Singhal who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                              To re-appoint BSR &
                                                                Co. as statutory
                                                                    auditors

                                                              To appoint R H Patil
                                                               as director of the
                                                                      bank

                                                              To appoint R H Patil
                                                               as director of the
                                                                      bank

                                                                To appoint R B L
                                                              Vaish as director of
                                                                    the bank

                                                                  To appoint S
                                                                  Cahtterjee as
                                                              director of the bank

                                                                   To approve
                                                              remuneration of P J
                                                              Nayak, Chairman and
                                                                Managing Director

                                                                   To approve
                                                                remuneration of S
                                                                   Cahtterjee,
                                                               Executive Director

                                                                 To alter object
                                                              clause of Memorandum
                                                                 of Association

    Matrix         HDPH IN   B05GYX3   Postal      Postal       Raising of funds    Management         For         For        For
 Laboratories                                                 thriugh debt and/or
    limited                                                      equity related
                                                                   instruments

                                                                 Enhancement of     Management         For         For        For
                                                                borrowing limits

                                                                   Transfer of      Management         For         For        For
                                                                   undertaking

  The Jammu &     J&KBK IN   6142917  06/08/05    Srinagar      Accept Profit and   Management       Did not     Did not    Did not
 Kashmir Bank                                                         Loss                           attend      attend     attend
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                   March 2005

                                                              To declare dividend

                                                               Appoint a Director
                                                              in place of Mr Mohd
                                                               Yaseen who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                               Appoint a Director
                                                               in place of Mr B L
                                                              Dogra who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                              To fix remuneration
                                                                   of auditors

                                                              To alter Articles of
                                                                 Association for
                                                                 appointment of
                                                               Executive Director

                                                              To alter Articles of
                                                              Association relating
                                                                  to payment of
                                                                    dividend

                                                              To delist company's
                                                               share from certain
                                                                    exchanges

                                                                  Reissuance of
                                                                forefeited shares

                                                                 Cancellation of
                                                                     shares

  Vijaya Bank     VJYBK IN   6701686  06/22/05    Bangalore      To discuss the     Management       Did not     Did not    Did not
                                                                  audited P & L                      attend      attend     attend
                                                                account for year
                                                                ended 31st March
                                                              2005 and the balance
                                                                sheet as at 31st
                                                                   March 2005

                                                                 To discuss the
                                                              report of the board
                                                              of directors on the
                                                                   working and
                                                                activities of the
                                                              bank for the period
                                                                 covered by the
                                                                    accounts

                                                              To discuss auditors
                                                                  report on the
                                                                balance sheet and
                                                                    accounts

    Ranbaxy        RBXY IN   6101071  06/30/05     Punjab       Accept Profit and   Management       Did not     Did not    Did not
 Laboratories                                                         Loss                           attend      attend     attend
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                  December 2004

                                                              To declare dividend

                                                               Appoint a Director
                                                               in place of Mr P S
                                                              Joshi who retires by
                                                               rotation and being
                                                                 eligible offers
                                                                 himself up for
                                                                  reappointment

                                                               Appoint a Director
                                                                 in place of Mr
                                                                    Surendra
                                                                Daulet-Singh who
                                                              retires by rotation
                                                               and being eligible
                                                                offers himself up
                                                                for reappointment
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                               Appoint a Director
                                                               in place of Mr J W
                                                               Balani who retires
                                                                 by rotation and
                                                                 being eligible
                                                                offers himself up
                                                                for reappointment

                                                                  To re-appoint
                                                               Walker, Chandick &
                                                                Co. as statutory
                                                                    auditors

                                                              To appoint Mr Ramesh
                                                              L Adige as director
                                                                 of the company

                                                              To appoint Mr Ramesh
                                                                 L Adige as Vice
                                                              President-Corporate
                                                                Affairs & Global
                                                                    Corporate
                                                               Communications and
                                                               wholetime director
                                                               of the company and
                                                                 to approve his
                                                                  remuneration.

                                                                To authorize the
                                                              Board to issue upto
                                                                  40 lacs stock
                                                              options convertible
                                                               into equity shares

                                                                  To subdivide
                                                                company's equity
                                                              shares of face value
                                                              Rs. 10 into 5 equity
                                                              shares of face value
                                                                   Rs. 2 each

                                                               To revise existing
                                                                  Article 4 of
                                                                   Articles of
                                                                 Association of
                                                                     company

   Hindustan       HLVR IN   6261674  06/24/05     Mumbai       Accept Profit and   Management         For         For        For
     Lever                                                            Loss
    Limited                                                     Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                  December 2004

                                                              To declare dividend   Management         For         For        For

                                                               To elect directors   Management         For         For        For

                                                                  T appoint M/s     Management         For         For        For
                                                              Lovelock & Lewes as
                                                                auditors and fix
                                                               their remuneration

                                                              To amend Article 107  Management         For         For        For
                                                                   of company

                                                                To authoroze the    Management         For         For        For
                                                               company to pay its
                                                              directors commission
                                                              upto 1% of company's
                                                                   net profit
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                       SHARE-                                       WHO PROPOSED
   ISSUER OF      EXCHANGE             HOLDER     LOCATION                            MATTER:     WHETHER FUND             VOTE FOR
   PORTFOLIO       TICKER             MEETING        OF         SUMMARY OF MATTER     ISSUER/       CAST VOTE    FUND'S   OR AGAINST
    SECURITY       SYMBOL     SEDOL     DATE       MEETING          VOTED ON        SHAREHOLDER     ON MATTER     VOTE    MANAGEMENT
------------------------------------------------------------------------------------------------------------------------------------
<S>              <C>         <C>      <C>       <C>           <C>                   <C>             <C>          <C>       <C>
                                                                To authorize the    Management         For         For        For
                                                              board to issue upto
                                                               2268 equity shares
                                                                as fully paid to
                                                                   members of
                                                                  International
                                                                Fisheries Ltd/TDC
                                                                Disinfectants Ltd

  State Bank       SBIN IN   6100799  06/30/05     Mumbai        To receive the     Management         For         For        For
   of India                                                      Central Board'd
                                                              report, the balance
                                                              sheet and profit and
                                                              loss account of the
                                                              bank made upto 31st
                                                               March 2005 and the
                                                              auditor's report on
                                                                      that

 Gammon India      GMON IN   B06mc20  06/28/05     Mumbai       Accept Profit and   Management         Yes         For        For
                                                                      Loss
                                                                Statement, Balance
                                                              Sheet, Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                  December 2004

                                                              To declare dividend   Management         Yes         For        For

                                                               To elect directors   Management         Yes         For        For

                                                                  To re-appoint     Management         Yes         For        For
                                                                    auditors

                                                               re-appoint and fix   Management         Yes         For        For
                                                                 remuneration of
                                                              executive directors
                                                                  and directors

                                                              approve the register  Management         Yes         For        For
                                                              of Members, Indexes
                                                              of Members, register
                                                                  and index of
                                                              debentureholders and
                                                              copies of all annual
                                                              returns prepared by
                                                                   the company

                                                               allow the board to   Management         Yes       abstain    abstain
                                                              offer loans/advances
                                                               /deposits to other
                                                                body corportates

  Corporation     CRPBK IN   6100993  06/29/05    Mangalore     Accept Profit and   Management         No          Not        Not
     Bank                                                        Loss Statement,                                Attended   Attended
                                                                 Balance Sheet,
                                                                  Report of the
                                                                  Directors and
                                                              Auditors as of 31st
                                                                   March 2005
</TABLE>

<PAGE>

                                   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 THE INDIA FUND, INC.
           ---------------------------------------------------------------------


By (Signature and Title)* /S/ BRYAN MCKIGNEY
                          ------------------------------------------------------
                          Bryan McKigney, Director, President and Chairman
                          (Principal Executive Officer)

Date       August 29, 2005
    ----------------------------------------------------------------------------
*Print the name and title of each signing officer under his or her signature.

</TEXT>
</DOCUMENT>
