UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
COMPANY
Investment Company Act file number 811-04438
Aberdeen Australia Equity Fund, Inc.
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(Exact name of registrant as specified in charter)
Gateway Center 3
100 Mulberry Street
Newark, New Jersey 07102
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(Address of principal executive offices) (Zip code)
Mr Beverly Hendry
300 S.E. 2nd Street, Suite #820
Fort Lauderdale, Florida 33301
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(Name and address of agent for service)
Registrant's telephone number, including area code: 973-367-1495
Date of fiscal year end: 10/31
Date of reporting period: 07/01/2003 - 06/30/2004
ITEM 1. PROXY VOTING RECORD
The information contained herein discloses the following information for each
matter relating to a portfolio security considered at any shareholder meeting
held during the period covered by the report and with respect to which the
registrant was entitled to vote:
(a) The name of the issuer of the portfolio security;
(b) The exchange ticker symbol of the portfolio security;
(c) The Council on Uniform Securities Identification Procedures ("CUSIP") number
for the portfolio security;
(d) The shareholder meeting date;
(e) A brief identification of the matter voted on;
(f) Whether the matter was proposed by the issuer or by a security holder;
(g) Whether the registrant cast its vote on the matter;
(h) How the registrant cast its vote (e.g., for or against proposal, or abstain;
for or withhold regarding election of directors); and
(i) Whether the registrant cast its vote for or against management.
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 1 of 42
Aberdeen Australia Equity Fund Agenda Number: 700484974
APN NEWS AND MEDIA LIMITED
Security: Q1076J107 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 28-Apr-04
ISIN: AU000000APN4
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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Receive and approve the financial statements, the Non-Voting
Directors report and the independent audit report
for the YE 31 DEC 2003
1. Re-elect Mr. Kevin J. Luscombe as a Director, Mgmt For *
who retires by rotation
2. Re-elect Ms. Sallyanne Atkinson as a Director, Mgmt For *
who retires by rotation
3. Re-elect Mr. Liam P. Healy as a Director, Mgmt For *
who retires by rotation
4. Re-elect Mr. Albert E. Harris as a Director, who Mgmt For *
retires by rotation
5. Re-elect Mr. Donal J. Buggy as a Director, who Mgmt For *
retires by rotation
6. Re-elect Mr. Pierce P.J. Cody as a Director of the Mgmt For *
Company, who retires by rotation in accordance
with the Company s Constitution and the Listing
Rules of Australian Stock Exchange Limited ASX
7. Re-elect Mr. Peter M. Cosgrove as a Director of Mgmt For *
the Company, who retires by rotation in
accordance with the Company s Constitution and
the Listing Rules of Australian Stock Exchange
Limited ASX
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 2 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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8. Re-elect Mr. John H. Maasland as a Director of Mgmt For *
the Company, who retires by rotation in accordance
with the Company s Constitution and the Listing
Rules of Australian Stock Exchange Limited ASX
9. Approve to increase the maximum yearly Mgmt For *
aggregate sum payable to Directors of the
Company from AUD 250,000 to AUD 750,000 under
Article 71(1) of the Company s Constitution
10. Authorize the Directors of the Company, Mgmt Against *
pursuant to the Company s Executive and Director
Option Plan EDOP to issue to Mr. Brendan M.A.
Hopkins, a Director and the Company s Chief
Executive, options to subscribe for up to
1,500,000 fully paid oridnary shares in the
capital of the Company and to issue fully paid
oridnary shares following the exercise of any
options in accordance with the EDOP
Transact any other business Non-Voting
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 3 of 42
Aberdeen Australia Equity Fund Agenda Number: 700394303
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD
Security: Q09504137 Meeting Type: Ordinary General Meeting
Ticker: Meeting Date: 13-Aug-03
ISIN: AU000000ANZ3
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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S.1 Approve the specified terms of the selective buy- Mgmt For *
back agreement relating to the preference shares
issued by the Company in SEP 1998 and NOV 1998
S.2 Amend the Company s Constitution by adding Mgmt For *
Rule 23.10 immediately after Rule 23.9
3. Approve to issue, for all purposes including the Mgmt For *
listing rules of the Australian Stock Exchange
Ltd, of up to 12,500,000 reset preferred
securities at an issue price of AUD 100 each, to
raise up to AUD 1,250, substantially on the
specified general terms and conditions
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 4 of 42
Aberdeen Australia Equity Fund Agenda Number: 700434195
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD
Security: Q09504137 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 19-Dec-03
ISIN: AU000000ANZ3
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Approve the annual report, financial statements Non-Voting
and the reports of the Directors and the
Auditors for the YE 30 SEP 2003
2.a Re-elect Mr. J.C. Dahlsen as a Director, who Mgmt For *
retires in accordance with the Company s
Constitution
2.b Re-elect Mr. C.B. Goode as a Director, who Mgmt For *
retires in accordance with the Company s
Constitution
2.c PLEASE NOTE THAT THIS IS A Shr
SHAREHOLDERS PROPOSAL: Elect Ms. J.I. Buckland
as a Director
PLEASE NOTE THAT ALTHOUGH THERE ARE 3 CANDIDATES Non-Voting
TO BE ELECTED AS DIRECTORS, THERE ARE ONLY 2
VACANCIES AVAILABLE TO BE FILLED AT THE MEETING.
THE STANDING INSTRUCTIONS FOR THIS MEETING WILL
BE DISABLED AND, IF YOU CHOOSE, YOU ARE REQUIRED
TO VOTE FOR ONLY 2 OF THE 3 DIRECTORS. THANK YOU
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 5 of 42
Aberdeen Australia Equity Fund Agenda Number: 700414333
AUSTRALIAN STOCK EXCHANGE LTD
Security: Q1080Z105 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 23-Oct-03
ISIN: AU000000ASX7
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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1. Receive and consider the financial report, Mgmt For *
Directors report and the Auditor s report for
the Australian Stock Exchange Limited ASX and
controlled entities for the YE 30 JUN 2003
2. Receive the statement of financial position Mgmt For *
balance sheet and Auditor s report for the
National Guarantee Fund for the YE 30 JUN 2003
3. Elect Mr. Jillian Shirley Segal as a Director of Mgmt For *
the ASX in accordance with the Constitution of
ASX
4. Re-elect Mr. Michael John Sharpe as a Director Mgmt For *
of ASX, who retires in accordance with the
Constitution of ASX
5. Re-elect Ms. Catherine Mary Walter as a Mgmt For *
Director of ASX, who retires in accordance with
the Constitution of ASX
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 6 of 42
Aberdeen Australia Equity Fund Agenda Number: 700468689
AXA ASIA PACIFIC HOLDINGS LTD
Security: Q12354108 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 14-Apr-04
ISIN: AU000000AXA5
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Approve the financial report, Directors report Mgmt For *
and the Auditor s report for the YE 31 DEC 2003
2.a Re-elect Mr. R.H. Allert as a Director in Mgmt For *
accordance with the Company s Constitution, who
retires by rotation
2.b Re-elect Mr. M. Butler as a Director in Mgmt For *
accordance with the Company s Constitution, who
retires by rotation
2.c Re-elect Mr. T.B. Finn as a Director in Mgmt For *
accordance with the Company s Constitution, who
retires by rotation
2.d Re-elect Mr. B. Jantet as a Director in Mgmt For *
accordance with the Company s Constitution, who
retires by rotation
2.e Re-elect Mr. Lin Xizhong as a Director in Mgmt For *
accordance with the Company s Constitution, who
retires by rotation
2.f Re-elect Mr. A.R.D. Monro-Davies as a Director Mgmt For *
in accordance with the Company s Constitution,
who retires by rotation
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 7 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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3. Approve the participation of Mr. A.L. Owen Mgmt Against *
Group Chief Executive in the acquisition of
rights to acquire up to 1,000,000 allocation
rights and up to 1,000,000 ordinary shares in
AXA APH on the exercise of those rights and the
acquisition of up to 80,000 performance rights
and up to 80,000 ordinary shares in AXA APH on
the exercise of those rights, such participation
to be in accordance with terms of the Executive
performance plan
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 8 of 42
Aberdeen Australia Equity Fund Agenda Number: 700418228
BHP BILLITON LTD
Security: Q1498M100 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 13-Nov-03
ISIN: AU000000BHP4
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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1. Receive the financial statements for BHP Billiton Mgmt For *
Limited for the YE 30 JUN 2003, together with
the Directors report and the Auditors report
2. Receive the financial statements for BHP Billiton Mgmt For *
PLC for the YE 30 JUN 2003, together with the
Directors report and the Auditors report
3. Re-elect Dr. D C Brink as a Director of BHP Mgmt For *
Billiton Limited
4. Re-elect Dr. D C Brink as a Director of BHP Mgmt For *
Billiton PLC
5. Re-elect Mr. M A Chaney as a Director of BHP Mgmt For *
Billiton Limited
6. Re-elect Mr. M A Chaney as a Director of BHP Mgmt For *
Billiton PLC
7. Re-elect Lord Renwick of Clifton as a Director of Mgmt For *
BHP Billiton Limited
8. Re-elect Lord Renwick of Clifton as a Director of Mgmt For *
BHP Billiton PLC
9. Elect Mr. M Salamon as a Director of BHP Mgmt Abstain *
Billiton Limited
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 9 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
10. Elect Mr. M Salamon as a Director of BHP Mgmt Abstain *
Billiton PLC
11. Elect Dr. J G Buchanan as a Director of BHP Mgmt Abstain *
Billiton Limited
12. Elect Dr. J G Buchanan as a Director of BHP Mgmt Abstain *
Billiton PLC
13. Re-appointment KPMG Audit PLC and Mgmt For *
PricewaterhouseCoopers LLP as Auditors of BHP
Billiton PLC; and authorize the Directors to
agree their remuneration
14. Approve that the authority and power to allot Mgmt For *
relevant securities conferred on the Directors
by Article 9 of BHP Billiton PLC s Articles of
Association be renewed for the period ending on
the date of the BHP Billiton PLC AGM in 2004 or
on 23 JAN 2005 whichever is earlier, and for
such period the Section 80 amount (under the
United Kingdom Companies Act 1985) shall be USD
265,926,499.00
S.15 Approve that the authority and power to allot Mgmt For *
equity securities for cash conferred on the
Directors by Article 9 of BHP Billiton PLC s
Articles of Association be renewed for the
period referred to in such resolution and for
such period the Section 89 amount (under the
United Kingdom Companies Act 1985) shall be USD
61,703,675.00
S.16 Authorize BHP Billiton PLC, in accordance with Mgmt For *
Article 6 of its Articles of Association and
Section 166 of the United Kingdom Companies Act
1985, to make market purchases (as defined in
Section 163 of that Act) of ordinary shares of
USD 0.50 nominal value each in the capital of
BHP Billiton PLC (shares) provided that: a) the
maximum aggregate number of shares hereby
authorized to be purchased shall be 246,814,700,
being 10% of issued capital; b) the minimum
price which may be paid for each share is USD
0.50, being the nominal value of the shares; c)
the maximum price which may be paid for any
share
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 10 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
is not more than 5% above the average of the
middle market quotations for a share taken from
the London Stock Exchange Daily Official List
for the 5 business days immediately preceding
the date of purchase of the shares; and d) the
authority conferred by this resolution shall,
unless renewed prior to such time, expire on the
earlier of the end of the next AGM of BHP
Billiton to be held in 2004 or on 12 MAY 2005
(provided that BHP Billiton PLC may enter into a
contract for the purchase of shares before the
expiry of this authority which would or might be
completed wholly or partly after such expiry)
17. Approve the Remuneration Report for the YE 30 Mgmt For *
JUN 2003
18. Approve the grant of Deferred Shares, Options Mgmt Against *
and Performance Shares to Executive Director and
Chief Executive Officer, Mr C W Goodyear, under
the BHP Billiton Limited Group Incentive Scheme
for all purposes, including for the purpose of
ASX Listing Rule 10.14
19. Approve the grant of Deferred Shares, Options Mgmt Against *
and Performance Shares to Executive Director and
Senior Minerals Executive, Mr M Salamon, under
the BHP Billiton PLC Group Incentive Scheme for
all purposes, including for the purpose of ASX
Listing Rule 10.14
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 11 of 42
Aberdeen Australia Equity Fund Agenda Number: 700417593
COMMONWEALTH BANK OF AUSTRALIA
Security: Q26915100 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 31-Oct-03
ISIN: AU000000CBA7
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Discuss the financial report, the Directors report Mgmt For *
and the Auditor s report for the YE 30 JUN 2003
2.A Re-elect Mr. A B Daniels as a Director who Mgmt For *
retires and, being eligible, offers himself for
re-election, in accordance with Articles 11.1
and 11.2 of the Constitution of Commonwealth
Bank of Australia
2.B Re-elect Mr. W G Kent as a Director who retires Mgmt For *
and, being eligible, offers himself for
re-election, in accordance with Articles 11.1
and 11.2 of the Constitution of Commonwealth
Bank of Australia
2.C Re-elect Mr. F D Ryan as a Director who retires Mgmt For *
and, being eligible, offers himself for
re-election, in accordance with Articles 11.1
and 11.2 of the Constitution of Commonwealth
Bank of Australia
2.D Re-elect Mr. F J Swan as a Director who retires Mgmt For *
and, being eligible, offers himself for
re-election, in accordance with Articles 11.1
and 11.2 of the Constitution of Commonwealth
Bank of Australia
2.E Re-elect Ms. S C Kay as a Director who retires Mgmt For *
and, being eligible, offers herself for
re-election, in accordance with Articles 11.4(b)
of the Constitution of Commonwealth Bank of
Australia
S.3 PLEASE NOTE THAT THIS IS A SHAREHOLDER S PROPOSAL: Shr For *
Approve that the Board of Directors issue a report
(at reasonable cost and omitting proprietary
information) to shareholders by 1 MAY 2004 to
include: a discussion of the direct and indirect
environmental risks and opportunities that may
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 12 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
significantly affect the Company s short and
long term value and how they might impact on the
business; a description of the Company s
policies and procedures for managing direct and
indirect risks to short term and long term value
arising from environmental risks; Recognizing
the ongoing controversy surrounding the logging
of our old growth forests; the range of issues
covered by the report should also include but
not be limited to: 1) The risk of engaging in
any commercial relationship which approve or
ratify the development of, clearfelling of,
selective logging of, or expenditure of funds on
any activity which is likely to damage or
destroy, identified property as defined in
Clause 3 by a subsidiary, joint venture,
partnership, trust, or other entity in which the
Company has a pecuniary interest; 2) The impact
upon the bank of not engaging in any commercial
relationship that shall have the effect of
causing the company to develop, clearfell,
selectively log, or expend funds on any activity
which is likely to damage or destroy, identified
property as defined in Clause 3 below; 3) For
the purposes of Clauses 1 and 2 above identified
property means any real property or any part of
any real property that is of high conservation
value and old growth forest as defined by the
reserve system attached to this document
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 13 of 42
Aberdeen Australia Equity Fund Agenda Number: 700428091
FOODLAND ASSOCIATED LTD FOA
Security: Q3917P110 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 03-Dec-03
ISIN: AU000000FOA3
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and approve the financial statements of Non-Voting
the Company and the consolidated financial
statements of the Company and the entities it
controlled for the last FY, together with the
Directors report, the Directors declaration and
the Auditor s report
2.a Elect Mr. L.F. Bleasel as a Director of the Mgmt For *
Company, who retires in accordance with Article
10.3 of the Company s Constitution
2.b Elect Mr. E. Fraunschiel as a Director of the Mgmt For *
Company, who retires in accordance with Article
10.3 of the Company s Constitution
2.c Elect Mr. S. Crane as a Director of the Company, Mgmt For *
who retires in accordance with Article 10.11 of
the Company s Constitution
2.d Elect Mr. P.J. Mansell as a Director of the Mgmt For *
Company, who retires in accordance with Article
10.11 of the Company s Constitution
3. Approve, for the purposes of ASX Listing Rule Mgmt For *
10.14 and Article 2.3 of the Company s
Constitution and for all other purposes, the
acquisition by Mr. T.M. Coates, the Group
Managing Director, of up to 20,000 ordinary
shares in the Company under the FAL Employee
Share Ownership Plan, at any time prior to 04
DEC 2004
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 14 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
4. Approve, for the purposes of ASX Listing Rule Mgmt Against *
10.17 and Article 10.13 of the Company s
Constitution and for all other purposes, to
increase the maximum amount of remuneration
other than the salary of the Executive Directors
to be paid by the Company to all of its
Directors in each FY for their services to be
divided among themselves in accordance with
Article 10.13 of the Company s Constitution by
AUD 650,000 to a maximum of AUD 1,500,000
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 15 of 42
Aberdeen Australia Equity Fund Agenda Number: 700413482
FOSTER S GROUP LTD
Security: Q3944W187 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 27-Oct-03
ISIN: AU000000FGL6
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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Receive and consider the concise financial Non-Voting
report and the financial report (financial
statements, notes and Directors declaration)
for the YE 30 JUN 2003, together with the
consolidated accounts of the Company and its
controlled entities in accordance with the
Corporations Act 2001, and the respective
reports of the Directors and Auditors
1. Re-elect Mrs. M L Cattermole as a Director who Mgmt For *
retires by rotation in accorance with the
Company s Constitution
2. Approve, as an exception to ASX Listing Rule Mgmt For *
7.1, the issue of securities under the Foster s
Employee Share and Option Plan, the Foster s
2001 International Employee Share Plan (No.1)
and the Foster s 2001 International Employee
Share Plan (No.2)
3. Approve, as an exception to ASX Listing Rule Mgmt For *
7.1, the issue of securities under the Foster s
Long Term Incentive Plan
4. Approve, subject to the attainment of the Mgmt For *
relevant performance standards prescribed under
the Foster s Long Term Incentive Plan (Plan),
the acquisition of rights in respect of up to a
maximum of 558,000 shares in respect of the
2003/2004 financial year by Mr. E T Kunkel,
President and Chief Executive Officer of the
Company, under the Plan
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 16 of 42
Aberdeen Australia Equity Fund Agenda Number: 700455961
FOSTER S GROUP LTD
Security: Q3944W187 Meeting Type: Ordinary General Meeting
Ticker: Meeting Date: 17-Mar-04
ISIN: AU000000FGL6
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Approve that, for the purposes of Section Mgmt For *
257C(1) of the Corporations Act 2001, the buy-
back of up to 200 million fully paid ordinary
shares in the Company during the next 12 months
under an on-market buy-back, being in excess of
the 10/12 limit as defined in Section 257B(4) of
the Corporations Act 2001, as specified
2. Re-elect Mr. Maxwell G. Ould as a Director, who Mgmt For *
retires in accordance with the Company s
Constitution
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 17 of 42
Aberdeen Australia Equity Fund Agenda Number: 700505956
GASNET AUSTRALIA GROUP
Security: Q3974S106 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 21-May-04
ISIN: AU000000GAS2
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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1. Receive in respect of each Member of the Group Mgmt For *
the financial report, the Director s report and
the Auditor s report for the YE 31 DEC 2003
2. Re-elect Mr. Peter Lowe as a Director, who Mgmt For *
retires by rotation in accordance with the
constitution of GasNet Australia Investments
Limited
3. Re-elect Mr. Rod Keller as a Director, who retires Mgmt For *
by rotation in accordance with the constitution
of GasNet Australia Investments Limited
4. Approve, pursuant to Listing Rule 7.4, the Mgmt For *
placement of stapled securities
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 18 of 42
Aberdeen Australia Equity Fund Agenda Number: 700418002
ION LTD
Security: Q49800107 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 28-Oct-03
ISIN: AU000000ION0
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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Receive the financial statements of the Company Non-Voting
for the YE 30 JUN 2003
1. Re-elect Mr. Malcolm McComas as a Director, Mgmt For *
who is retiring by rotation
2. Ratify and approve the issue of the fully paid Mgmt For *
ordinary shares in the Company to Warramunga Pty
Ltd, in accordance with Listing Rule 7.4 of the
Listing Rules of the Australian Stock Exchange
Limited
Transact any other business Non-Voting
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 19 of 42
Aberdeen Australia Equity Fund Agenda Number: 700422443
LEIGHTON HOLDINGS LTD
Security: Q55190104 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 06-Nov-03
ISIN: AU000000LEI5
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and consider the financial report and Mgmt For *
reports of the Directors and Auditor for the YE
30 JUN 2003
2.1 Re-elect Mr. A. Drescher as a Director who Mgmt For *
retires by rotation in accordance with Clause 18
of the Company s Constitution
2.2 Re-elect Mr. R. Johnson as a Director who Mgmt For *
retires by rotation in accordance with Clause 18
of the Company s Constitution
2.3 Re-elect Mr. D.A. Mortimer as a Director who Mgmt For *
retires by rotation in accordance with Clause 18
of the Company s Constitution
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 20 of 42
Aberdeen Australia Equity Fund Agenda Number: 700432949
LION NATHAN LTD
Security: Q5585K109 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 17-Dec-03
ISIN: AU000000LNN6
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and approve the financial report, the Non-Voting
Directors report and the Auditors report of the
Company for the YE 30 SEP 2003
2.a Re-elect Mr. Naomichi Asano as a Director, who Mgmt For *
retires by rotation
2.b Re-elect Mr. Gienn Lawrene Lord Barnes as a Mgmt For *
Director, who retires by rotation
2.c Re-elect Mr. Hitoshi Oshima as a Director, who Mgmt For *
retires by rotation
2.d Re-elect Mr. Yasuhiro Satoh as a Director, who Mgmt For *
retires by rotation
2.e Re-elect Mr. Barbara Kay Ward as a Director, Mgmt For *
who retires by rotation
3. Approve that a AUD 200,000 increase in the Mgmt For *
maximum amount of remuneration payable in
aggregate to Non-Executive Directors to a
maximum amount of AUD 900,000 per annum,
commencing with effect from 01 JAN 2004, is
approved
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 21 of 42
Aberdeen Australia Equity Fund Agenda Number: 700434943
NATIONAL AUSTRALIA BANK LTD
Security: Q65336119 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 19-Dec-03
ISIN: AU000000NAB4
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Acknowledge the Chairman s address and Mgmt For *
presentation by the Managing Director and the
Chief Executive Officer
2. Receive and approve the financial report and the Mgmt For *
report of the Directors for the YE 30 SEP 2003,
together with the Independent Audit report to
the Members of the National
3.1 Re-elect Mr. P.J.B. Duncan as a Director, who Mgmt For *
retires in accordance with Article 10.3 of the
National s Constitution
3.2 Re-elect Dr. E.D. Tweddell as a Director, who Mgmt For *
retires in accordance with Article 10.3 of the
National s Constitution
3.3 Re-elect Mrs. C.M. Walter as a Director, who Mgmt For *
retires in accordance with Article 10.3 of the
National s Constitution
3.4 Appoint Mr. J.M. Stewart as a Director in Mgmt For *
accordance with Article 10.13 of the National s
Constitution
3.5 Appoint Mr. J.G. Thorn as a Director in Mgmt For *
accordance with Article 10.13 of the National s
Constitution
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 22 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
4. Approve to grant of options, performance rights Mgmt Against *
and shares to the Managing Director of National
Australian Group Europe Limited, Mr. J.M.
Stewart
5. Approve to grant of options, performance rights Mgmt Against *
and shares to the Managing Driector and Chief
Executive Officer, Mr. F.J. Cicutto
6. Approve: a) the amendment to the retirement Mgmt For *
benefits schemes for the Non-Executive Directors
of the National and its controlled entities; and
b) the acquisition of an interest in securities
of the National by or on or on behalf of such
Non-Executive Directors as determined by the
National, who would otherwise have become
entitled to a payment when they ceased to be a
Director under the relevant retirement benefits
scheme
7. Approve to increase maximum remuneration by Mgmt Against *
AUD 1,300,000 per annum to a maximum of AUD
500,000 per annum, provided by the National to
the Non-Executive Directors of the National for
their services both to the National and to
entities with which the National is associated
8. Approve the acquisition of an interest in Mgmt For *
securities of the National by or on behalf of
the Non-Executive Directors under the NED Non-
Executive Director Share Plan
S.9 Approve the terms of the buy-back agreements Mgmt For *
under the selective buy-back Scheme relating to
the 0% preference shares may in certain
circumstances convert
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 23 of 42
Aberdeen Australia Equity Fund Agenda Number: 700488681
PACIFICA GROUP LIMITED
Security: Q7207R108 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 07-May-04
ISIN: AU000000PBB7
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and consider the financial report of the Non-Voting
Company for the YE 31 DEC 2003 and the reports
of the Directors and the Auditors
2.a Re-elect Mr. Doug Curlewis as a Director Mgmt For *
2.b Re-elect Mr. Peter Hay as a Director Mgmt For *
3. Approve to increase the maximum aggregate Mgmt For *
remuneration which may be provided in each year
by the Company to its Non-Executive Directors
for their services as Directors from AUD 600,000
to AUD 800,000
4. Approve to grant performance rights over not Mgmt Against *
more than 250,000 unissued ordinary shares,
pursuant to the Pacific Group Limited Executive
Option and Performance Right Plan, to Mr. John
Robert MacKenzie, the Managing Director
5. Approve to grant performance rights over not Mgmt Against *
more than 100,000 unissued ordinary shares,
pursuant to the Pacific Group Limited Executive
Option and Performance Right Plan, to Mr.
Anthony John Clarke, the Finance Director
S.6 Approve to alter the Constitution of the Company Mgmt Abstain *
effective immediately from the passing of this
resolution
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 24 of 42
Aberdeen Australia Equity Fund Agenda Number: 700464465
QBE INSURANCE GROUP LTD
Security: Q78063114 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 02-Apr-04
ISIN: AU000000QBE9
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and approve the financial reports and Mgmt For *
the reports of the Directors and of the Auditor
for the YE 31 DEC 2003
2.a Re-elect Mr. L.F. Bleasel AM as a Director of the Mgmt For *
Company, who retires in rotation in accordance
with Clause 76 of the Company s Constitution
2.b Re-elect Honorable N.F. Greiner AC as a Mgmt For *
Director of the Company, who retires in rotation
in accordance with Clause 76 of the Company s
Constitution
3. Approve, for the purpose of ASX Listing Rule Mgmt For *
10.17 and for all other purposes, to increase
the maximum aggregate remuneration payable to
all Non-Executive Directors by AUD 700,000 to
AUD 2.2 million per FY, such remuneration to be
divided among the Non-Executive Directors in
fixed sums in such proportions and manner as
they may determine
S.4 Amend the Company s Constitution, subject to Mgmt For *
the passing of Resolution 3, by inserting the
new Clause 79A regarding the Non-Executive
Directors retirement allowances
5. Approve, for the purpose of ASX Listing Rule Mgmt For *
10.14 and for all other purposes, the grant to
the Chief Executive Officer, Mr. F.M. O Halloran
of conditional rights over a maximum of 46,474
unissued ordinary shares in the Company and an
option to subscribe for a maximum of 123,931
unissued ordinary shares of the Company and
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 25 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
the allotment of ordinary shares in the Company
on satisfaction of the conditions attached to
the conditional rights and on valid exercise of
the option under the Senior Executive Equity
Scheme
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 26 of 42
Aberdeen Australia Equity Fund Agenda Number: 700465467
RIO TINTO LTD
Security: Q81437107 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 22-Apr-04
ISIN: AU000000RIO1
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
S.1 Authorize the Company to: a) buy back from Mgmt For *
Tinto Holdings Australia Pty Limited of fully
paid ordinary shares in the Company, upon the
terms and conditions in the draft Buy Back
Agreement between the Company and Tinto Holdings
Australia Pty Limited; and b) on-market buy
backs by the Company of ordinary shares: i) make
market buy back of ordinary shares, which be
bought back on the market by the Company, not
exceeding 10% of the minimum number of ordinary
shares on issue excluding from that minimum
number those ordinary shares held by or on
behalf of Tinto Holdings Australia Pty Limited
or any other subsidy or Rio Tinto PLC during
such period; and ii) at a price per ordinary
share of not more than 5% above the average
market price of the ordinary shares calculated
over the previous 5 business days on the
Australian Stock Exchange
2. Approve the Mining Companies Comparative Mgmt Against *
Plan 2004 and the Share Option Plan 2004,
subject to such modifications deemed necessary
by the Directors to take account of the
requirements of Australian Stock Exchange
Limited, London Stock Exchange Limited or
prevailing practice and authorize the Directors
to adopt and carry the same into effect
3. Authorize the Directors, subject to the passing of Mgmt Against *
Resolution 2, to grant any or all of the
following before 22 APR 2007: a) options over
ordinary shares under the Mining Companies
Comparative Plan 2004; b) conditional awards of
ordinary shares under the Mining Companies
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 27 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
Comparative Plan 2004; and c) options under the
Share Savings Plan, to Mr. Leigh Oxford of
871,000 options and 580,000 shares and Mr. Oscar
Greeneveld of 303,000 and 212,000 shares
4. Elect Sir John Kerr as a Director Mgmt For *
5. Re-elect Mr. Leigh Clifford as a Director Mgmt For *
6. Re-elect Mr. Guy Elliott as a Director Mgmt For *
7. Re-elect Sir Richard Sykes as a Director Mgmt For *
8. Re-elect Sir Richard Giordano as a Director Mgmt For *
9. Approve the remuneration report set out in the Mgmt For *
2003 annual review an the 2003 annual report and
the financial statements
10 Re-appoint PricewaterhouseCoopers LLP as the Mgmt For *
Auditors of Rio Tinto Plc until the conclusion
of the next AGM and authorize the Audit
Committee to determine their remuneration
11. Receive the Company s financial statements, the Mgmt For *
report of the Directors and the report of the
Auditors for YE 31 DEC 2003
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 28 of 42
Aberdeen Australia Equity Fund Agenda Number: 700421984
TABCORP HOLDINGS LIMITED TAH
Security: Q8815D101 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 30-Oct-03
ISIN: AU000000TAH8
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and consider the financial statements Mgmt For *
and the reports of the Directors and of the
Auditor in respect of the YE 30 JUN 2003
2.A Re-elect Mr. A.G.Hodgson as a Director Mgmt For *
2.B Re-elect Mr. R.F.E. Warburton as a Director Mgmt For *
S.3 Approve that, subject to receiving the written Mgmt For *
approval of the New South Wales Casino Control
Authority and with effect from the later of the
passing of this resolution and the receipt of
that approval, the Constitution tabled at the
meeting and signed by the Chairman for the
purpose of identification be approved and
adopted as the Constitution of the Company in
substitution for and to the exclusion of the
existing Constitution of the Company
4. Approve that the maximum aggregate amount Mgmt Against *
out of which Directors fees may be paid to all
Directors by the Company and subsidiaries of the
Company for their services as Directors of the
Company or of such subsidiaries, in respect of
each financial year of the Company commencing 1
JUL 2003, be increased from a total of AUD
1,200,000 per annum to a total of AUD 1,500,000
per annum
5. Approve the implementation and administration Mgmt Against *
of the TABCORP Holdings Limited Long Term
Performance Plan for eligible Executives of the
Company in accordance with the Rules of the
TABCORP Holdings Limited Long Term Performance
Plan
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 29 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
6. Approve the implementation and administration Mgmt For *
of the TABCORP Holdings Limited Deferred Share
Plan for eligible employees of the Company in
accordance with the Rules of the TABCORP
Holdings Limited Deferred Share Plan
7. Approve that, subject to the passage of the Mgmt Against *
resolutions proposed in items 5 and 6, in
accordance with ASX Listing Rule 10,14, the
Company is hereby authorized to grant to the
Managing Director and Chief Executive Officer of
the Company, Mr. Matthew Slatter, any or all of
the following during the three year period
following the AGM on 30 OCT 2003: a. Performance
Options over ordinary shares pursuant to the
Company s Long Term Performance Plan; b. Share
Rights over ordinary shares pursuant to the
Company s Long Term Performance Plan; and c.
Fully paid ordinary shares (Shares) pursuant
to the Company s Deferred Share Plan; in
quantities not exceeding those set out below:
Securities Plan Maximum number Performance
Options Long Term Performance Plan 1.500,000
Share Rights Long Term Performance Plan 140,000
Shares Deferred Share Plan 190.000
8. Approve that, subject to the passage of the Mgmt Against *
resolutions proposed in Items 5 and 6, for the
purposes of ASX Listing Rule 7.2 Exception 9,
the Company hereby approves the issue of: a.
Performance Options over ordinary shares
pursuant to the Company s Long Term Performance
Plan; b. Share Rights over ordinary shares
pursuant to the Company s Long Term Performance
Plan; and c. Fully paid ordinary shares pursuant
to the Company s Deferred Share Plan, during the
three year period following the AGM on 30 OCT
2003 as an exception to ASX Listing Rule 7.1
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 30 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
9. Approve that, for the purpose of Exception 7 in Mgmt Abstain *
ASX Listing flule 7,2, Exception 3 in ASX
Listing Rule 10.12 and for all other purposes,
approval be given to the terms of the TABCORP
Holdings Limited Dividend Reinvestment Plan, a
copy of which is tabled at the meeting and
signed by the Chairman for the purposes of
identification
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 31 of 42
Aberdeen Australia Equity Fund Agenda Number: 700409320
TELECOM CORPORATION OF NEW ZEALAND LTD
Security: Q89499109 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 09-Oct-03
ISIN: NZTELE0001S4
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Authorize the Directors to fix the Auditors Mgmt
remuneration
2. Re-elect Dr. Roderick Deane as a Director of the Mgmt
Company
3. Re-elect Mr. Paul Baines as a Director of the Mgmt
Company
4. Grant authority to pay the remuneration of not Mgmt
more in aggregate than NZD 1,50,000 per annum to
the Directors of the Company for their services
as Directors of the Company and its subsidiaries
5. Elect Mr. Lindsay Pyne as a Director of the Mgmt
Company
6. Authorize the Company s Board of Directors to Mgmt
issue to Ms. Theresa Gattung during the period
to 30 SEP 2006 of up to 500,000 ordinary shares
in the Company, under the Performance Incentive
Scheme
7. Authorize the Company s Board of Directors to Mgmt
issue to Ms. Theresa Gattung during the period
to 30 SEP 2006 of up to 1,500,000 options to
acquire ordinary shares in the Company, under
the Performance Option Scheme
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 32 of 42
Aberdeen Australia Equity Fund Agenda Number: 700428332
TELSTRA CORPORATION LIMITED
Security: Q8975N105 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 14-Nov-03
ISIN: AU000000TLS2
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING Non-Voting
ID #114306 DUE TO THE CHANGE IN VOTE STATUS FOR
RESOLUTION NO. 1. ALL VOTES RECEIVED ON THE
PREVIOUS NOTICE OF MEETING WILL BE DISREGARDED
AND YOU WILL NEED TO REINSTRUCT ON THIS NOTICE
OF MEETING. WE APOLOGIZE FOR ANY INCONVENIENCE
THAT THIS MAY HAVE CAUSED. THANK YOU.
1. Chairman and CEO presentations Non-Voting
PLEASE NOTE THAT ALTHOUGH THERE ARE 7 CANDIDATES Non-Voting
STANDING FOR ELECTION, YOU MAY ONLY ELECT A
MAXIMUM OF 5 CANDIDATES.
2.A Re-elect Mr. John Fletcher as a Director Mgmt For *
2.B Re-elect Mr. Donald McGauchie as a Director Mgmt For *
2.C Elect Mr. Mervyn Vogt as a Director Mgmt
2.D Re-elect Mr. John Ralph as a Director Mgmt For *
2.E Re-elect Mr. John Stocker as a Director Mgmt For *
2.F Elect Mr. Leonard Cooper as a Director Mgmt
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 33 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
2.G Elect Mr. Kevin Bentley as a Director Mgmt
3. Approve that the maximum aggregate Mgmt For *
remuneration payable out of the funds of the
Company to non-Executive Directors of the
Company for their services as Directors
including their service on a committee of
Directors be increased by AUD 170,000 per annum
to AUD 1,320,000 per annum
S.4 Amend the Constitution of the Company to give Mgmt For *
the Board discretion as to the appointment of a
Deputy Chairman and that accordingly the
Constitution tabled at the meeting, and signed
for the purposes of identification by the
Company Secretary, be adopted as the
Constitution of the Company in place of the
present Constitution
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 34 of 42
Aberdeen Australia Equity Fund Agenda Number: 700414294
THE AUSTRALIAN GAS LIGHT COMPANY
Security: Q09680101 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 14-Oct-03
ISIN: AU000000AGL7
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and consider the annual financial report Mgmt For *
of the Company and the consolidated entity for
the YE 30 JUN 2003, and the reports of the
Directors and Auditor
2.a Re-elect Sir Ronald Brierley as a Director, who Mgmt For *
retires by rotation at the close of the meeting
in accordance with Clause 58 of the Company s
Constitution
2.b Re-elect Mr. G.J. Reaney as a Director, who Mgmt For *
retires by rotation at the close of the meeting
in accordance with Clause 58 of the Company s
Constitution
3. Approve the acquisition rights to acquire up to a Mgmt For *
maximum of 55,249 shares in the Australian Gas
Light Company in respect of the FYE 30 JUN 2003,
by MR. G.J.W. Martin, the Managing Director of
the Company, under and in accordance with the
Australian Gas Light Company s Long-Term
Incentive Plan
4. Approve to increase the maximum aggregate Mgmt For *
remuneration payable to Non-Executive Directors
of the Company by the Company and its
wholly-owned subsidiaries by AUD 300,000 to AUD
1,200,000 per annum, commencing 1 JUL 2004 and
in respect of each financial year thereafter and
until otherwise determined by a resolution of
shareholders
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 35 of 42
Aberdeen Australia Equity Fund Agenda Number: 700531759
WESTFIELD AMERICA TRUST
Security: Q9694X101 Meeting Type: Extraordinary General Meeting
Ticker: Meeting Date: 25-Jun-04
ISIN: AU000000WFA6
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Approve, subject to and with effect from the date Mgmt For *
if any on which an order of the Supreme Court of
New South Wales Court approving the scheme of
arrangement between Westfield Holdings Limited
and its ordinary shareholders to be considered
at a meeting of ordinary shareholders of
Westfield Holdings Limited on or about 25 JUN
2004, pursuant to an order of the court is
lodged with the Australian Securities and
Investments Commission, to amend the
constitution of the Westfield America Trust in
accordance with the provisions of the Supplement
Deed poll in the form tabled at the meeting and
signed by the Chairman of the meeting for the
purposes of identification
2. Approve, subject to the Supplement Deed Poll Mgmt For *
having first been lodge with the Australian
Securities and Investments Commission, the
proposal under which units in the Westfield
America Trust, shares in Westfield Holdings
Limited and units in the Westfield Trust will
become stapled securities and which involves a
distribution being made by the Westfield America
Trust so unit holders can acquire Westfield
Holdings Limited shares and Westfield Trust
units, as specified
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 36 of 42
Aberdeen Australia Equity Fund Agenda Number: 700531797
WESTFIELD TRUST
Security: Q97144101 Meeting Type: Extraordinary General Meeting
Ticker: Meeting Date: 25-Jun-04
ISIN: AU000000WFT6
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Amend, subject to the effective from the date on Mgmt
which an order of the Supreme Court of New South
Wales Court approving the Scheme of Arrangement
between Westfield Holdings Limited and its
shareholders to be considered, the constitution
of the Westfield Trust in accordance with the
provisions of the Supplemental Deed Poll as
prescribed
2. Approve, subject to the Supplemental Deed Poll Mgmt
having been lodged with the Australian
Securities and Investment Commission, that the
units in Westfield Trust, shares in Westfield
Holdings Limited and units in the Westfield
America Trust become stapled securities
involving a distribution being made by the
Westfield Trust so that its unitholders can
acquire Westfield Holdings Limited shares and
Westfield America Trust units as prescribed
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 37 of 42
Aberdeen Australia Equity Fund Agenda Number: 700431226
WESTPAC BANKING CORP
Security: Q97417101 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 11-Dec-03
ISIN: AU000000WBC1
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and consider the annual financial report, Non-Voting
Directors report and Auditors report of Westpac
for the YE 30 SEP 2003
2.a Re-elect Ms. Helen Ann Lynch who retires in Mgmt For *
accordance with Articles 9.2 and 9.3 of the
Constitution, as a Director of Westpac Banking
Corporation
2.b Elect Ms. Carolyn Judith Hewson, being a Mgmt For *
Director appointed since last AGM and who offers
herself for election pursuant to Article 9.7 of
the Constitution, as a Director of Westpac
Banking Corporation
2.c Elect Mr. Peter David Wilson, being a Director Mgmt For *
appointed since last AGM and who offers himself
for election pursuant to Article 9.7 of the
Constitution, as a Director of Westpac Banking
Corporation
3. Approve (a) for all purposes under the Listing Mgmt Against *
Rules of the ASX Limited for: (i) the grant of
performance options to Dr David Raymond Morgan,
in three tranches of 713,000 options each, on 01
MAR 2004, 01 MAR 2005 and 01 MAR 2006 and a
fourth tranche of 594,167 options on 01 DEC
2006, to subscribe for or acquire a total of
2,733,167 fully paid ordinary shares in the
capital of Westpac Banking Corporation.
Performance options will be exercisable at the
volume weighted average price per share of
Westpac Banking Corporation shares on the ASX
Limited over the five trading days before the
date of grant of the relevant tranche, subject
to and in accordance with the terms of the Chief
Executive Securities Agreement 2003; (ii) the
grant of options (being
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 38 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
performance share rights) to Dr Davis Raymond
Morgan in three tranches of 218,000 performance
share rights each on 01 MAR 2004, 01 MAR 2005,
01 MAR 2006 and a fourth tranche of 181,667
performance share rights on 01 DEC 2006, to
subscribe for or acquire a total of 835,667
fully paid ordinary shares in the capital of
Westpac Banking Corporation for no monetary
payment, subject to and in accordance with the
terms of the Agreement; and (iii) the allotment
to Dr David Raymond Morgan of a maximum of
3,568,834 fully paid ordinary shares in the
capital Westpac Banking Corporation upon the
valid exercise of the options described in
paragraphs (i) and (ii) subject to and in
accordance with the terms of the Agreement, (b)
for all purposes under the Corporation Act 2001
to permit Westpac Banking Corporation to give
effect to the Chief Executive Securities
Agreement 2003, pursuant to which Dr David
Raymond Morgan will be granted options to
subscribe for or acquire a maximum of 3,568,834
fully paid ordinary shares in the capital of
Westpac Banking Corporation, exercisable subject
to and in accordance with the terms of the
Agreement
4. Increase the yearly maximum sum available to Mgmt Against *
the Non-executive Directors of Westpac Banking
Corporation as remuneration for their services
form AUD 1.5 million to AUD 2.5 million, form
the year commencing 01 JAN 2004, to be divided
amongst them in a manner they may determine
5. Consider and approve that (a) Westpac Banking Mgmt For *
Corporation grant to each Director and former
Director of Westpac who, at Westpac s request,
holds office as a trustee of the Westpac
Foundation, being an indemnity upon or
substantially in accordance with terms in the
form of the deed; (b) Westpac execute and
deliver to each indemnified Director a deed in
or substantially to the effect of the form of
the deed; (c) approval be given to the due
performance by Westpac of each deed so executed
and delivered to such Indemnified Director; (d)
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 39 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
Westpac give to each Indemnified Director all
financial benefits involved in the execution and
the performance by Westpac of a deed so executed
and delivered to the Indemnified Director
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 40 of 42
Aberdeen Australia Equity Fund Agenda Number: 700468691
WOODSIDE PETROLEUM LTD
Security: 980228100 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 15-Apr-04
ISIN: AU000000WPL2
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
1. Receive and approve the financial report of the Mgmt For *
Company and the reports of the Directors and the
Auditor for the YE 31 DEC 2003
2.a Re-elect Mr. Rory Edward Stanley Argyle as a Mgmt For *
Director, in accordance with Rule 75(b) of the
Company s Constitution
2.b Re-elect Mr. Charles Barrington Goode A.C. as a Mgmt For *
Director, in accordance with Rule 75(b) of the
Company s Constitution
2.c Re-elect Mr. Peter Maas Van Rossum as a Mgmt For *
Director, in accordance with Rule 75(c) of the
Company s Constitution
3. Approve that: a) the accrual of the Non- Mgmt For *
Executive Directors retirement benefits will
cease with effect from 30 APR 2004; b) all the
Non-Executive Directors other than those
nominated by Shell will have their accrued
entitlements to benefits Accrued Entitlements ;
c) all the Non-Executive Directors with accrued
entitlements will be entitled to receive on
retirement either payment of the accrued
entitlement or a number of Woodside shares; and
d) the maximum aggregate amount of remuneration
to be paid to all the Non-Executive Directors in
any FY is increased by AUD 0.65 million, from
AUD 1.65 million to AUD 2.3 million
4. Approve that the Company enters into the Mgmt For *
Directors Deeds with the current and the future
Directors
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 41 of 42
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
----------------------------------------------------------------------------------------------
S.5 Adopt the Company s Constitution in substitution Mgmt For *
for both the existing Constitution and the
replaceable rules set out in the Corporations
Act 2001
* Management position unknown since information regarding non-U.S. issuers is
not readily available
Investment Company Report
Meeting Date Range: 01-jul-2003 - 30-jun-2004 Report Date: 18-Aug-2004
Page: Page 42 of 42
Aberdeen Australia Equity Fund Agenda Number: 700424170
WOOLWORTHS LTD
Security: Q98418108 Meeting Type: Annual General Meeting
Ticker: Meeting Date: 21-Nov-03
ISIN: AU000000WOW2
Proposal Proposal For/Against
Prop. # Proposal Type Vote Management
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1. Receive and consider the financial reports of the Mgmt For *
Company and the consolidated entity and the
declaration by the Directors and reports of the
Directors and the Auditors thereon for the
financial period ended 29 JUN 2003
2.a Re-elect Mr. James Alexander Strong as a Mgmt For *
Director, who retires by rotation in accordance
with Article 10.3 of the Company s Constitution
2.b Re-elect Dr. Roderick Sheldon Deane as a Mgmt For *
Director, who retires by rotation in accordance
with Article 10.3 of the Company s Constitution
S.3 Approve to alter Company s Constitution by: a) Mgmt For *
inserting new Articles 5.12 to 5.19, both
inclusive, relating to take-over approval
provisions on the same terms as Articles 5.12 to
5.19, both inclusive, of the Constitution which
will cease to apply from 21 NOV 2003 and; b)
inserting in Article 1.1 the new definition of
notice ; c) by capitalizing Notice where it
appears in the Constitution in relation to any
notice that may be given by the Company to any
Member Director or any other person
* Management position unknown since information regarding non-U.S. issuers is
not readily available
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) Aberdeen Australia Equity Fund, Inc.
By (Signature) /S/ Christian Pittard
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Name Christian Pittard
Title Treasurer and Assistant Secretary
Date 08-30-2004