SPECIAL MEETING OF SHAREHOLDERS PRINCIPAL CAPITAL VALUE FUND, INC.
HELD NOVEMBER 2, 1999
1. Election of the Board of Directors.
For Withheld
Aschenbrenner 12,538,898 238,010
Davis 12,541,368 235,541
Eucher 12,541,399 235,509
Ferguson 12,545,240 231,668
Gilbert 12,550,868 226,040
Griswell 12,530,824 246,084
Kimball 12,550,802 226,106
Lukavsky 12,535,776 241,132
2. Ratification of selection of Ernst & Young LLP as independent public
auditors.
In Favor Opposed Abstain
12,475,417 92,974 208,517
3. Amendment of Management Agreement to:
A. Provide transfer agency services through a separate agreement.
In Favor Opposed Abstain
12,156,804 290,555 329,549
B. Clarify changes to delegation provision.
In Favor Opposed Abstain
12,197,462 241,745 337,701
C. Modify management fee schedule.
In Favor Opposed Abstain Broker Non-Votes
11,137,907 816,480 339,395 483,125
4. Approval of changes to fundamental investment restrictions regarding:
A. Financial Futures and Options.
In Favor Opposed Abstain Broker Non-Votes
11,585,937 378,819 329,028 483,125
B. Short Sales.
In Favor Opposed Abstain Broker Non-Votes
11,537,426 401,707 354,650 438,125
C. Lending of Portfolio Securities.
In Favor Opposed Abstain Broker Non-Votes
11,477,058 465,783 350,942 483,125
D. Diversification.
In Favor Opposed Abstain Broker Non-Votes
11,680,055 299,467 314,260 483,125
