New Jersey Value Municipal Income Trust (VJV)
Results of Shareholder Votes
The Annual Meeting of Shareholders of the Trust was held on June 21, 2000, where
shareholders voted on the election of trustees and the ratification of Deloitte
& Touche LLP as the independent auditors.
1) With regards to the election of the following trustee by common shareholders
of the Trust:
# of Shares
---------------------------------------------
In Favor Withheld
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David C. Arch 2,320,210
Howard J Kerr 2,320,210
With regards to the election of the following trustee by preferred shareholders
of the Trust:
# of Shares
---------------------------------------------
In Favor Withheld
-------------------------------------------------------------------------------
The other trustees of the Trust whose terms did not expire in 2000 are
Rod Dammeyer, Theodore A. Myers, Richard F. Powers, III, Hugo F. Sonnenschein
and Wayne W. Whalen.
2.) With regards to the ratification of Deloitte & Touche LLP as the independent
auditors for the Trust, 2,310,904 common shares, 6,734 shares voted against and
13,968 shares abstained.
