CURRENT INCOME SHARES, INC.
NOTICE OF ANNUAL MEETING OF
SHAREHOLDERS
TO BE HELD MAY 11, 2000
To the Shareholders of
Current Income Shares, Inc.
The Annual Meeting of Shareholders (the
"Meeting") of Current Income Shares, Inc., a
Delaware corporation (the "Company"), will be held
in the Conference Room on the 3rd floor of the
Union Bank of California Building at 445 South
Figueroa Street, Los Angeles, California 90071, on
Thursday, May 11, 2000 at 11:00 a.m. Pacific time,
for the following purposes:
Shares represented at the meeting:
2,843,152
Total shares outstanding at the
record date: 3,673,334
(1) To elect the Board of Directors of the
Company, and the nominees are Mr.
Willard H. Altman, Mr. Clark R. Gates,
Ms. Kathleen Kellogg, Mr. Michael L.
Noel, and Mr. Robert M. Whitler;
Shares
For 2,796,367
Against 46,785
(2) To approve or disapprove the selection
of Deloitte & Touche LLP as the
independent auditors for the Company
for the fiscal year ending December 31,
2000;
Shares
For 2,780,568
Against 62,584
(3) To approve or disapprove the
amendment and continuation of the
Investment Advisory Agreement
between the Company and HighMark
Capital Management, Inc., the
Company's adviser.
Shares
For 2,764,768
Against 78,384
