<DOCUMENT>
<TYPE>EX-99.77C VOTES
<SEQUENCE>3
<FILENAME>swiss0630-semi1.txt
<DESCRIPTION>MATTERS SUBMITTED TO A VOTE OF SECURITY HOLDERS
<TEXT>
                                 Sub-Item 77(C)
                 Matters Submitted to a Vote of Security Holders


At the Annual Meeting of Stockholders held on May 23, 2002, shares were voted as
follows on the five proposals presented to the Stockholders:

1.   To elect  three  Class II  Directors  to service  for a three year term and
     until their successors are elected and qualified.
<TABLE>
<S>                                          <C>                      <C>

         ---------------------------------- ------------------------ --------------------------------
         Director                           Votes For                Votes Withheld
         ---------------------------------- ------------------------ --------------------------------
         The Baron Hottinger                17,407,675               3,271,700
         ---------------------------------- ------------------------ --------------------------------
         Didier Pineau-Valencienne          17,369,780               3,309,595
         ---------------------------------- ------------------------ --------------------------------
         Samual B. Witt, III                17,398,173               3,281,202
         ---------------------------------- ------------------------ --------------------------------
</TABLE>

     As of June 30, 2002, the Directors of The Swiss  Helvetia  Fund,  Inc. (the
     "Fund")were Paul Hottinguer,  Eric R. Gabus,  Alexandre de Takacsy,  Claude
     Frey, Baron Hottinger,  Claude Mosseri-Marlio,  Didier  Pineau-Valencienne,
     Stephen K. West, Esq. and Samual B. Witt III, Esq.

2.   To  approve  the  continuation  of  an  amendment  of  the  Fund's  By-Laws
     specifying minimum director qualifications.

         --------------------------- -------------------------------
                 Votes For                   Votes Withheld
         --------------------------- -------------------------------
                 7,842,089                     5,388,159
         --------------------------- -------------------------------

3.   To approve the continuation of an amendment of the Fund's By-Laws providing
     that  stockholders  seeking to act under the Fund's  advanced notice By-Law
     indicate whether they will solicit proxies.

         --------------------------- -------------------------------
                 Votes For                   Votes Withheld
         --------------------------- -------------------------------
                 7,648,667                     5,537,458
         --------------------------- -------------------------------

4.   To approve the continuation of an amendment of the Fund's By-Laws providing
     that only  stockholders  of records may submit  proposals  under the Fund's
     advanced notice By-Law.

         --------------------------- -------------------------------
                 Votes For                   Votes Withheld
         --------------------------- -------------------------------
                 8,016,598                     5,246,060
         --------------------------- -------------------------------

5.   To  approve  the  continuation  of  an  amendment  of  the  Fund's  By-Laws
     increasing to 75 percent from a majority the percent of outstanding  shares
     required to amend the By-Laws.

         --------------------------- -------------------------------
                 Votes For                   Votes Withheld
         --------------------------- -------------------------------
                 6,733,482                     6,486,327
         --------------------------- -------------------------------



</TEXT>
</DOCUMENT>
