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ANNUAL SHAREHOLDERS MEETING At the annual shareholders' meeting held June 20, 2000, shareholders approved the following by the votes indicated: Election of Directors: For Against Abstain Stephen Anthony Carbine 517,752 none 45,783 Winfred Thomas 517,752 none 45,783 William Hahn 517,752 none 45,783 Election of Independent Fund Advisors of Vermont, Inc. as advisor for the Fund: For Against Abstain Votes Cast 517,752 none 45,783
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