Special Meeting (the "Meeting") of Shareholders
The Special Meeting of the shareholders of PIC
Investment Trust (the "Trust") was held on
October 27, 2000 at 10:00 a.m. local time at The
offices of Provident Investment Counsel, 300
North Lake Avenue, Pasadena, California 91101,
for the following purposes:
1. To approve a new management agreement between the
Portfolio in which the Fund invests and Provident
Investment Counsel, Inc. ("PIC") pursuant to which PIC
will act as adviser with respect to the assets of the
Portfolio, to become effective upon the closing of the
Transaction.
Fund For Against Abstain
Balanced Fund A, 2,055,138 , 1,914 , 18,819
Growth Fund A, 383,318 , - , -
Growth Fund I, 4,490,667 , 3,971 ,135,791
Mid Cap Fund A, 566,682 , 168 , 1,747
Small Cap Growth I, 6,252,236 , 951 , 3,514
