Select Sector Municipal Trust (VKL)
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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Richard F. Powers, III 3,940,095
Hugo F. Sonnenschein 3,940,120
With regards to the election of the following trustee by preferred shareholders
of the Trust:
# of Shares
---------------------------------------------
In Favor Withheld
-------------------------------------------------------------------------------
Theodore A. Myers 815
The other trustees of the Trust whose terms did not expire in 2000 are
David C. Arch, Rod Dammeyer, Howard J Kerr and Wayne W. Whalen.
2.) With regards to the ratification of Deloitte & Touche LLP as the independent
auditors for the Trust, 3,952,190 common shares, 816 preferred shares voted in
favor of the proposal, 19,732 shares voted against and 56,616 shares abstained.
