SCHWAB MONEY MARKET PORTFOLIO
Proxy Voting Results
A special meeting of the shareholders of the Schwab Annuity
Portfolios was held on June 1, 2000. The number of votes
necessary to conduct the meeting and approve each proposal
was obtained, and the results of the votes of shareholders on
proposals before them are listed below:
Proposal 1
Election of Trustees.
Number of Number of
Shares Voted For Shares Withheld
Charles R. Schwab 125,968,273 1,733,505
Mariann Byerwalter 125,568,665 2,133,113
Jeremiah H. Chafkin 125,620,059 2,081,719
Donald F. Dorward 123,479,638 4,222,140
William A. Hasler 123,430,400 4,271,378
Robert G. Holmes 123,479,638 4,222,140
Steven L. Scheid 125,916,879 1,784,899
Gerald B. Smith 123,481,793 4,219,985
Donald R. Stephens 125,619,640 2,082,138
Michael W. Wilsey 125,568,246 2,133,532
Proposal 2A1
To approve changes to restrictions regarding borrowing.
# of Shares Voted
For 105,384,434
Against 5,057,125
Abstain (includes broker non-votes) 10,096,974
Proposal 2A2
To approve changes to restrictions regarding lending.
# of Shares Voted
For 103,249,538
Against 7,203,317
Abstain (includes broker non-votes) 10,096,974
Proxy Voting Results (Continued)
Proposal 2A3
To approve changes to restrictions regarding the issuance of senior
securities and pledging, mortgaging or hypothecating fund assets.
# of Shares Voted
For 103,294,721
Against 6,130,221
Abstain (includes broker non-votes) 11,113,592
Proposal 2B
To approve changes to restrictions regarding diversification.
# of Shares Voted
For 104,751,872
Against 6,017,264
Abstain (includes broker non-votes) 9,780,694
Proposal 2C
To approve changes to restrictions regarding investments in
"unseasoned issuers".
# of Shares Voted
For 102,187,738
Against 7,564,781
Abstain (includes broker non-votes) 10,786,015
Proposal 2D
To approve changes to restrictions regarding investments in
restricted or illiquid securities.
# of Shares Voted
For 101,950,528
Against 7,485,710
Abstain (includes broker non-votes) 11,113,592
Proxy Voting Results (Continued)
Proposal 2E
To approve changes to restrictions regarding investments in securities
of other investment companies.
# of Shares Voted
For 103,136,581
Against 6,299,657
Abstain (includes broker non-votes) 11,113,592
Proposal 2F
To approve changes to restrictions regarding the beneficial ownership of
securities by fund officers and trustees.
# of Shares Voted
For 106,129,953
Against 3,622,566
Abstain (includes broker non-votes) 10,786,015
Proposal 2G
To approve changes to restrictions regarding industry concentration.
# of Shares Voted
For 103,644,889
Against 6,118,925
Abstain (includes broker non-votes) 10,786,015
Proposal 2H
To approve changes to restrictions regarding investments in commodities,
futures contracts and real estate.
# of Shares Voted
For 101,656,732
Against 8,389,370
Abstain (includes broker non-votes) 10,503,192
Proxy Voting Results (Continued)
Proposal 2I
To approve changes to restrictions regarding the underwriting of securities.
# of Shares Voted
For 104,898,611
Against 4,763,436
Abstain (includes broker non-votes) 10,875,952
Proposal 2J
To approve changes to restrictions regarding control of an issuer.
# of Shares Voted
For 104,537,253
Against 4,898,985
Abstain (includes broker non-votes) 11,113,592
Proposal 2K
To approve changes to restrictions regarding purchases of
oil, gas, or mineral interests.
# of Shares Voted
For 104,977,787
Against 5,463,772
Abstain (includes broker non-votes) 10,096,974
