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SIGNATURE ARTHUR BRODY
TITLE PRESIDENT
<PAGE>
ITEM 77C - SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS
The Registrant's most recent Annual Meeting of Stockholders was held at 11:00
a.m. Pacific Time, on October 16, 1998. At that meeting, the shareholders
ratified the selection of Lavine, Lofgren, Morris & Engelberg as the
Registrant's accountants and selected each of the nominees listed in the
Registrant's Proxy Statement dated October 16, 1998, as a Director, to serve for
the ensuing year.
<PAGE>
SIGNATURE
This report is signed on behalf of the Registrant.
City of: Solana Beach State of: California
Date: 2/22/98
Name of Registrant: BDI Investment Corporation
By: /s/Arthur Brody Witness: /s/Teresa Whorton
------------ --------------
Arthur Brody Teresa Whorton
President and Assistant Treasurer
Chief Executive Officer
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