The actual exercise of the proxy votes by SBI Funds Management Pvt. Ltd. in the AGMs/EGMs/ Postal Ballots of the investee companies for the F.Y. 2012 – 2013 are as follows: Date Name of the Type of meeting Proposals Management Vote Company Recommendation For/Against/A bstain 2-Apr-12 Spice Jet Ltd Postal Ballot 1)Issue of not exceeding 42,9222,000 equity shares, face value of Rs. 10.each In favor of all the For amounting up to RS.429000000 to Mr. Kalanithi Maran, Promoter of the proposals. Company on preferential basis. 2) Appointmentof Whole time director ( Mr. S.. Natrajhan) for a period of three years with effect from November 11,2011 and payment of remuneration. 5-Apr-12 Crisil Ltd Postal Ballot 1) Issue of Equity Shares to employees and wholetime Directors of Company In favor of all the For 2) Issue of Equity Shares of Company to employees and whole-time proposals. director(s) of subsidiary companies 9-Apr-12 Merck Ltd. AGM 1) To adopt the audited B/s, P &L A/c , directors report and auditors report. in favour of all the for 2) To appoint a director in place of Mr. R.L. Shenoy, who offers himself for re- proposal appointment. 3) To appoint a director in place of Mr. S.N.Talwar, who offers himself for re- appointment. 4) Appointment of auditors and to fix their remuneration. 5) Reappointment of Dr. Marek Dziki as Managing Director of the Company from June 16, 2011 to July 31, 2012; 6) Reappointment of Mr. R.L. Shenoy as Whole-time Director of the Company from December 27, 2011 to December 26, 2012 11-Apr-12 Siemens Ltd Court Convened To approve the proposed arrangement embodied in the Scheme of Abstain Meeting Amalgamation of Siemens Power Engineering Private Limited with Siemens Limited and their Respective Shareholders. 11-Apr-12 Hindustan Increasing the borrowing power of the Company from Rs. 20,000 crores to In favor of all the For Petroleum Rs. 30,000 crores in excess of the paid up Capital and Free Reserves and for proposals. Corporation Ltd creation of Charge/ providing of security of the assets of the Company. 16-Apr-12 CRISIL Limited AGM 1) To adopt the audited B/s, P &L A/c , directors report and auditors report. In favor of all the for 2) To confirm the payment of Interim Dividends on the Equity Shares & proposals. declare Final Dividend. 3) To appoint a director in place of Mr. David Pearce, who offers himself for re-appointment. 4) To appoint a director in place of Ms. Rama Bijapurkar, who offers herself for re-appointment. 5) Reappointment of Messrs S.R. Batliboi & Co. as Auditors of the Company & fix their remuneration. 6) To appoint Mr. Douglas Peterson, as Director of the Company, liable to retire by rotation. 7) To appoint Mr. Yann Le Pallec, as Director of the Company, liable to retire by rotation. 8) Re-appointment of Ms. Roopa Kudva as Managing Director & Chief Executive Officer, for 5 years w.e.f. July 27, 2012 16-Apr-12 Butterfly EGM 1) To make Preferential Issue of 24,51,000 Equity Shares of Rs.10 each for In favor of all the For Gandhimathi cash at a premium of Rs.398 per equity share aggregating to an issue price of proposals. Appliances Rs. 408 per equity share. Limited 2) To amend the Memorandum and Articles of Association. 17-Apr-12 SKF India Ltd 1) Adopt the audited B/s, P &L A/c , directors report and auditors report as at In favor of Voted for December 31,2011 resolutions No. 1-7 resoultion no. 2) Decalaration of dividend on Equity shares for the year ended December 31, & abstain from 1 to 7 and 2011 voting for resolution abstain from 3)Appointment of Director (Mr. K. C. Mehta) No.8. voting for 4)Appointment of Director (Mr. V. Vartanian) resolution 5) Re-apointment of auditors (M/s. B S R & Associates) and to fix their no.8 remuneration. 6) Re-appointment of director(Mr. Prasad R. Menon) 7) Pursuant to Section 31 alteration in the Articles of Association of the Company. 8) Pursuant ot the provisions of Sections 198, 309, 310 of Schedule XIII, payment of HRA The actual exercise of the proxy votes by SBI Funds Management Pvt. Ltd. in the AGMs/EGMs/ Postal Ballots of the investee companies for the F.Y. 2012 – 2013 are as follows: Date Name of the Type of meeting Proposals Management Vote Company Recommendation For/Against/A bstain 18-Apr-12 Divi's Postal Ballot 1) Re-appointment and revision in remuneration of Mr. Madhusudana Rao In favor of all the for Laboratories Divi as Director - Projects of the Company w.e.f. April1, 2012 for 3 years proposals. Limited 2) Re-appointment and revision in remuneration of Mr. Kiran S. Divi as Director & President - Operations of the Company w.e.f. April1, 2012 for 3 years; 3) Enhancement of remuneration of Dr. Murali K. Divi, Chairman & Managing Director of the Company w.e.f. 1st April 2012; 4) Enhancement of remuneration of Mr. N.V. Ramana, Executive Director of the Company w.e.f. 1st April 2012. 18-Apr-12 Goodricke Group AGM 1) To adopt the audited B/s, P &L A/c , directors report and auditors report. In favor of all the For Limited 2) Dividend Declaration. proposals. 3) To appoint a director in place of Mr. Peter John Field, who offers himself for re-appointment. 4) To appoint a director in place of Dr. Sudha Kaul, who offers herself for re- appointment. 5) Appointment of Auditors & remuneration thereof 6) Appointment of Mr. Arun Narain Singh as Managing Director & Chief Executive Officer of the Company from 1st January, 2012 till 31st December, 2014 20-Apr-12 FAG Bearings AGM 1) To adopt the audited B/s, P &L A/c , directors report and auditors report. In favour of all the for India Limited 2) To Declare Dividend. proposal 3) To appoint a director in place of Mr. Wolfgang Dangel, who offers himself for re-appointment. 4) To appoint a director in place of Mr. Frank Huber, who offers himself for re- appointment. 5) To appoint Auditors & fix their remuneration. 6) To appoint Mr. R. Sampath Kumar as Director of the Company. 23-Apr-12 Gammon India Postal Ballot 1) Authorizing the Board of Directors to make investments in, acquire by way In favor of resolution Voted against Limited of subscription, purchase or otherwise the securities of any other body No. 2 & against resolution no corporate, make/give loans/deposits/ guarantees/ securities to any other resolution No. 1. 1 and for body corporate and in particular to the Companies, viz; Patna Water Supply resolution no. Distribution Network Private Limited subject to a limit of Rs. 100/- Crs. & 2. Campo Puma Oriente S.A, subject to a limit of Rs. 500,00,00,000/-. 2) Re-appointment of Mr. Rajul Bhansali as Wholetime Director of the Company, designated as Executive Director, International Operations of the company for 3 years, w.e.f. 30th March 2012 to 29th March 2015. 24-Apr-12 Blue Dart AGM 1) To adopt the audited B/s, P &L A/c , directors report and auditors report. In favor of all the For Express Limited 2) Dividend Declaration on Equity Shares. proposals. 3) To appoint a director in place of Mr. Clyde Cooper, who offers himself for re-appointment. 4) To appoint a director in place of Mr. Suresh Sheth, who offers himself for re-appointment. 5) Appointment of Auditors & remuneration thereon. 6) Appointment of Mr. Jerry Hsu as a Director of the company liable to retire by rotation. 7) (a) Re-appointment of Mr. Anil Khanna as Managing Director of the Company for a further period of 3 yrs. w.e.f. 21st February, 2012 to 20th February, 2015 b) Revision in the remuneration terms of Mr. Anil Khanna as Managing Director for the period April 1, 2012 to March 31,2013 HRA : Rs. 0.825 lacs p.m. Special Allowance : Rs. 2.09 lacs p.m. Sr. Manager Allowance : Rs.0.856 lacs p.m. Incentive : Upto a max. of Rs.73 lacs. In addition he is entitled to other benefits & minimum remuneration as per the Companies Act, 1956. The actual exercise of the proxy votes by SBI Funds Management Pvt. Ltd. in the AGMs/EGMs/ Postal Ballots of the investee companies for the F.Y. 2012 – 2013 are as follows: Date Name of the Type of meeting Proposals Management Vote Company Recommendation For/Against/A bstain 27-Apr-12 Hexaware AGM 1) To adopt the audited B/s, P &L A/c , directors report and auditors report. Abstain Technologies 2) To declare Final Dividend on Equity Shares & to confirm the Interim Limited Dividends. 3) To appoint a director in place of Mr. L. S. Sarma, who offers himself for re- appointment. 4) To appoint a director in place of Mr. Shailesh V. Haribhakti, who offers himself for re-appointment. 5) To appoint a director in place of Mr. S. K. Mitra, who offers himself for re- appointment. 6) Re-appointment of Messrs Deloitte Haskins & Sells, as the Statutory Auditors of the Company & to fix their remuneration. 7) Appointment of Mr. Abhay Havaldar as a Director of the Company, liable to retire by rotation. 27-Apr-12 Zee EGM 1) Alterations to the Articles of Association of the Company. Vote against the Against Entertainment resolution. Enterprises Limited 2-May-12 Marico Limited EGM 1) Alteration of Authorised Share Capital of the Company.