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PROXY RESULTS (unaudited)
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During the year ended May 31, 2000, Hyperion 2002 Term Trust, Inc.
shareholders voted on the following proposals at a shareholders' meeting on
October 12, 1999. The description of each proposal and number of shares
voted are as follows:
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Shares Voted Shares Voted
For Without Authority
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1.To elect to the Harry E. Petersen, Jr. 25,576,186 272,824
the Trust's Board
of Directors: Leo M. Walsh, Jr. 25,607,961 241,049
Robert F. Birch 25,572,938 276,072
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Shares Voted Shares Voted Shares Voted
For Against Abstain
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2.To select
PricewaterhouseCoopers LLP 25,616,856 67,405 164,749
as the Trust's independent
accountants:
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