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SIGNATURE ROBERT ANDERSON
TITLE COMPLIANCE OFFICER
[DESCRIPTION] PROXY RESULTS
Shareholder Meeting Results (unaudited)
The Annual Meeting of Shareholders of Narragansett Insured Tax-Free
income Fund (the "Fund") was held on October 1, 1999. The holders of
shares representing 83% of the total net asset value of the shares
entitled to vote were present in person or by proxy. At the meeting,
the following matters were voted upon and approved by the shareholders
(the resulting votes for each matter are presented below).
1. To elect Trustees.
Number of Votes:
Trustee For Withheld
Lacy B. Herrmann 62,263,543.54 331,043.28
Vernon R. Alden 62,226,632.26 367,954.56
Paul Y. Clinton 62,263,543.54 331,043.28
David A. Duffy 62,263,543.54 331,043.28
Willian J. Nightingale 62,226,632.26 367,954.16
J. William Weeks 62,226,632.26 367,954.16
2. To ratify the selection of KPMG LLP as the Fund's independent
auditors.
Number of Votes:
For Against Abstain
62,132,824.98 88,849.20 372,902.48
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