EX-99.77C VOTES
Shareholder Voting Results
On April 17, 2000, a special meeting of shareholders of Advantus
International Balanced Fund, Inc. was held. Shareholders of record on
February 28, 2000, were entitled to vote on the proposals described below.
(1) To elect a Board of Directors as follows:
Votes Votes
Director For Withheld
Charles E. Arner 3,818,544 9,963
Ellen S. Berscheid 3,819,169 9,338
Ralph D. Ebbott 3,818,544 9,963
Frederick P. Feuerherm 3,819,616 8,891
William N. Westhoff 3,819,532 8,975
(2) To approve the elimination or modification of the following investment
policies for:
Votes Votes Votes
For Against Withheld
A. Modify policy regarding borrowing
and the issuance of senior securities 3,379,627 5,061 31,986
B. Modify policy regarding concentration
in a particular industry 3,380,146 4,542 31,986
C. Modify policy regarding investments
in real estate and commodities 3,380,086 4,602 31,986
D. Modify policy regarding lending 3,374,823 9,865 31,986
E. Eliminate policy restricting
the pledging of assets 3,374,358 9,669 32,647
F. Eliminate policy restricting
margin purchases and short sales 3,373,738 10,950 31,986
(3) To approve an amendment to the
investment advisory agreement between
the Fund and Advantus Capital Management,
Inc., as described in the proxy statement 3,374,742 9,257 32,675
(4) To ratify the selection of KPMG LLP
as independent public accountants for
the Fund 3,793,212 1,695 33,601
