UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-06574 The Latin American Discovery Fund, Inc. (Exact name of registrant as specified in charter) 522 Fifth Avenue, New York, New York 10036 (Address of principal executive offices) (Zip code) Stefanie V. Chang Yu, Esq. Managing Director Morgan Stanley Investment Management Inc. 522 Fifth Avenue New York, New York 10036 (Name and address of agent for service) Registrant's telephone number, including area code: 800-869-6397 Date of fiscal year end: 12/31 Date of reporting period: 7/1/09 - 6/30/10 ******************************* FORM N-Px REPORT ******************************* ICA File Number: 811-06574 Reporting Period: 07/01/2009 - 06/30/2010 The Latin America Discovery Fund, Inc. =================== THE LATIN AMERICAN DISCOVERY FUND, INC. ==================== AMERICA MOVIL S.A.B. DE C.V. Ticker: AMXL Security ID: 02364W105 Meeting Date: APR 7, 2010 Meeting Type: Special Record Date: MAR 26, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Directors for Class L Shares For Abstain Management 2 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- AMERICA MOVIL, S.A.B. DE C.V. Ticker: AMXL Security ID: 02364W105 Meeting Date: MAR 17, 2010 Meeting Type: Special Record Date: MAR 8, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Board to Carry Out Operations For Against Management that Represent 20 Percent or More of the Assets of the Consolidated Group, in Compliance with Clause 17 of Company Bylaws and Article 47 of the Mexican Stock Exchange Law 2 Authorize Board to Ratify and Execute For Against Management Approved Resolutions -------------------------------------------------------------------------------- AMIL PARTICIPACOES S.A. Ticker: AMIL3 Security ID: P0R997100 Meeting Date: APR 15, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends -------------------------------------------------------------------------------- AMIL PARTICIPACOES S.A. Ticker: AMIL3 Security ID: P0R997100 Meeting Date: APR 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Agreement to Absorb Amil For For Management Assistencia Media International SA 2 Appoint Independent Firm to Appraise For For Management Proposed Merger 3 Approve Appraisal of Independent Firm For For Management about Proposed Merger 4 Approve Issuance of Shares in For For Management Connection with the Absortion -------------------------------------------------------------------------------- BANCO BRADESCO S.A. Ticker: BBD Security ID: P1808G117 Meeting Date: MAR 10, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Cancel Treasury Shares and Amend For For Management Article 6 Accordingly 2 Reduce Executive Board Minimum Size to For For Management 52 from 59 and Amend Article 12 Accordingly 3 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 4 Approve Allocation of Income and For For Management Dividends 5 Elect Directors For Against Management 6 Elect Fiscal Council Members For Against Management 7 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- BR MALLS PARTICIPACOES S.A. Ticker: BRML3 Security ID: P1908S102 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors For Against Management -------------------------------------------------------------------------------- BR MALLS PARTICIPACOES S.A. Ticker: BRML3 Security ID: P1908S102 Meeting Date: APR 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- BRF - BRASIL FOODS SA Ticker: BRFS3 Security ID: BRPRGAACNOR4 Meeting Date: JUL 8, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Change Company Name to BRF - Brasil For For Management Foods SA, and Amend Article 1 Accordingly 2 Change Location of Company Headquarters For For Management to Itajai in Santa Catarina, and Amend Article 2 Accordingly 3 Increase Size of the Board From Eight For For Management to a Minumum of Nine and a Maximum of 11 Members, and Amend Article 16 Accordingly 4 Create Temporary Position of For For Management Co-Chairman of the Board and Amend Article 51 Accordingly 5 Elect Three New Directors, Including For For Management the Co-Chairman 6 Increase Authorized Capital from 250 For For Management Million Common Shares to 500 Million Common Shares, and Amend Article 5 Accordingly 7 Amend Articles 18 to Transfer the For For Management Responsibility of Approving the Opening and Closing of Company Offices from the Board of Directors to the Executive Officer Board 8 Approve Agreement to Acquire HFF For For Management Participacoes SA 9 Appoint Independent Firms to Appraise For For Management Proposed Acquisition 10 Approve Appraisal Reports Produced by For For Management Independent Firms 11 Approve Acquisition of HFF For For Management Participacoes SA -------------------------------------------------------------------------------- BRF - BRASIL FOODS SA Ticker: BRFS3 Security ID: BRPRGAACNOR4 Meeting Date: AUG 18, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Agreement to Acquire All Common For For Management and Preferred Shares of Sadia SA Not Already Held by the Company 2 Appoint Banco de Investimentos Credit For For Management Suisse SA to Evaluate Share Swap Ratio, and Appoint Planconsult Planejamento e Consultoria Ltda to Evaluate Increase in Share Capital 3 Approve Reports by Credit Suisse and For For Management Planconsult 4 Approve Acquisition of Sadia SA and For For Management Amend Article 5 to Reflect Increase in Share Capital -------------------------------------------------------------------------------- BRF - BRASIL FOODS SA Ticker: BRFS3 Security ID: P1905C100 Meeting Date: MAR 31, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Financial Statements and For For Management Allocation of Income 2 Approve Dividends For For Management 3 Elect Roberto Faldini as Director For Against Management 4 Elect Fiscal Council and Audit For For Management Committee 5 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors, and Fiscal Council Members 6 Approve Issuance of Shares without For For Management Preemptive Rights 7 Approve Share-Based Plan and Stock For Against Management Option Plan for BRF Executive Officers 8 Approve Share-Based Plan and Stock For For Management Option Plan for Sadia Executive Officers 9 Approve 1:2 Stock Split For For Management 10 Ratify Auditors For For Management 11 Appoint Independent Firm to Appraise For For Management Proposed Absorption 12 Approve Absorption of Avipal Nordeste For For Management SA and HHF Participacoes SA by BRF 13 Designate Newspapers to Publish Company For For Management Announcements -------------------------------------------------------------------------------- CIELO SA Ticker: CIEL3 Security ID: P3063Y106 Meeting Date: DEC 14, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Change Company Name to Cielo SA; Amend For Did Not Vote Management and Consolidate Company Bylaws Accordingly 2 Elect Fiscal Council Members and Their For Did Not Vote Management Alternates for The Fiscal Year Ended on Dec 31, 2009 -------------------------------------------------------------------------------- CIELO SA Ticker: CIEL3 Security ID: P2859E100 Meeting Date: APR 30, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors For For Management 4 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members 5 Authorize Capitalization of Reserves For For Management without Issuing New Shares 6 Amend Articles to Reflect Changes in For For Management Capital 7 Amend the Term of Board Members For Against Management 8 Amend the Term of Executive Officers For For Management 9 Amend Article 13 to Reflect Change in For Against Management the Term of Board Members 10 Amend Article 18 to Reflect Change in For For Management the Term of Executive Officers -------------------------------------------------------------------------------- COMPANHIA DE BEBIDAS DAS AMERICAS - AMBEV Ticker: AMBV3 Security ID: 20441W203 Meeting Date: APR 28, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and None Did Not Vote Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and None Did Not Vote Management Dividends 3 Approve Remuneration of Executive None Did Not Vote Management Officers, Non-Executive Directors 4 Elect Fiscal Council Members and Fix For Did Not Vote Management Their Remuneration -------------------------------------------------------------------------------- COMPANHIA DE CONCESSOES RODOVIARIAS Ticker: CCRO3 Security ID: P1413U105 Meeting Date: APR 28, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Capital Budget for Upcoming For For Management Fiscal Year 3 Approve Allocation of Income and For For Management Dividends 4 Fix Number of Directors For For Management 5 Elect Directors For For Management 6 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members 7 Elect Fiscal Council Members For For Management -------------------------------------------------------------------------------- COMPANHIA DE CONCESSOES RODOVIARIAS Ticker: CCRO3 Security ID: P1413U105 Meeting Date: MAY 31, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Deliberate about Agreement to Absorb For For Management Actua Servicos Compartilhados SA (Actua Servicos) 2 Appoint Independent Firm to Appraise For For Management Proposed Absorption 3 Approve Appraisal of the Proposed For For Management Absorption 4 Approve Agreement to Absorb Actua For For Management Servicos Compartilhados SA (Actua Servicos) 5 Approve Change of Address of the For For Management Company's Subsidiary 6 Elect Mauro Martin Costa as an For For Management Alternate Director -------------------------------------------------------------------------------- COMPANIA CERVECERIAS UNIDAS S.A. Ticker: CCU Security ID: P24905104 Meeting Date: APR 20, 2010 Meeting Type: Annual Record Date: APR 12, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Chairman's Report For For Management 2 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 3 Approve Allocation of Income and For For Management Dividends 4 Approve Dividends Policy For For Management 5 Approve Remuneration of Directors for For For Management Fiscal Year 2010 6 Approve Directors Committee Report for For For Management Fiscal Year 2009 7 Approve Remuneration and Budget of For For Management Directors Committee for Fiscal Year 2010 8 Approve Remuneration and Budget of For For Management Audit Committee for Fiscal Year 2010 9 Elect External Auditors for Fiscal For For Management Year 2010 10 Receive Special Auditors' Report None None Management Regarding Related-Party Transactions 11 Other Business For Against Management -------------------------------------------------------------------------------- COMPANIA DE MINAS BUENAVENTURA S.A. Ticker: BUENAVC1 Security ID: 204448104 Meeting Date: OCT 12, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Repurchase of Shares For For Management -------------------------------------------------------------------------------- CREDICORP LTD. Ticker: BAP Security ID: G2519Y108 Meeting Date: MAR 26, 2010 Meeting Type: Annual Record Date: FEB 5, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports (Voting) 2 Accept Consolidated Financial For For Management Statements and Statutory Reports 3 Approve Ernst & Young Global in Peru as For Abstain Management Auditors and Authorize Audit Committee to Fix Their Remuneration -------------------------------------------------------------------------------- EMPRESA NACIONAL DE ELECTRICIDAD S.A. ENDESA Ticker: ENDESA Security ID: P3710M109 Meeting Date: APR 22, 2010 Meeting Type: Annual/Special Record Date: APR 15, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Annual Report, Financial For For Management Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Receive Information from Board of For For Management Directors on Distributable Profit Calculation Policy and the Option Determined by the Board for the Treatment of First-Time Adjustments in Accordance with Circular 1945 of the Securities and Insurance Superintendency 3 Approve Allocation of Income and For For Management Dividends 4 Approve Dividend Policy and For For Management Distribution Procedures 5 Approve Investment and Financing Policy For For Management 6 Elect Directors For Abstain Management 7 Approve Remuneration of Directors For Abstain Management 8 Approve Remuneration of Directors' For Abstain Management Committee and their Budget for 2010 9 Approve Annual Reports of the For For Management Directors' and Audit Committees 10 Elect External Auditor for 2010 For For Management 11 Elect 2 Supervisory Board Members; Fix For Abstain Management their Remuneration 12 Receive Special Auditors' Report None None Management Regarding Related-Party Transactions 13 Other Business (Voting) For Against Management 1 Modify Various Articles of the Company For For Management Bylaws in Accordance with New Provisions of the Chilean Companies Act, Chilean Securities Market Law and the Chilean Companies Act Regulation 2 Approve Modified Text of the Company For For Management Bylaws 3 Authorize Pledges and Grant of For Abstain Management Concession of Rights Over the Credits Corresponding to the Subordinated Debts of GNL Quintero S.A. with the Company 4 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- ENERSIS S.A. Ticker: ENERSIS Security ID: 29274F104 Meeting Date: APR 22, 2010 Meeting Type: Annual/Special Record Date: MAR 19, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports 2 Receive Information from Board of None None Management Directors On Option Selected for the Treatment of First Application Adjustments, as Referred to in Circular 1945 3 Approve Allocation of Income and For For Management Distribution of Dividends 4 Elect Directors For Abstain Management 5 Fix Remuneration of Directors For Abstain Management 6 Fix Remuneration and Budget of For Abstain Management Directors Committee for Fiscal Year 2010 7 Present Information on Board Reports on None None Management Board Expenses, Annual Management Report of the Directors' Committee and Expenditures and Activities of the Audit Committee 8 Elect External Auditors For Abstain Management 9 Elect Two Supervisory Board Members and For Abstain Management their Respective Alternates; Determine their Remunerations 10 Designate Risk Assessment Companies For For Management 11 Approve Investment and Financing Policy For For Management 12 Present Information on Dividend Policy None None Management and Procedures for Dividend Distribution 13 Present Information on Special Board None None Management Report Regarding Related-Party Transactions 14 Present Report Re: Processing, None None Management Printing, and Mailing Information Required by Chilean Law 15 Other Business For Against Management 16 Authorize Board to Ratify and Execute For For Management Approved Resolutions 1 Amend Articles of Company Bylaws in For For Management Compliance with the New Provisions of the Chilean Companies Act and the Securities Market Law 2 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- FOMENTO ECONOMICO MEXICANO S.A.B. DE C.V. (FEMSA) Ticker: FEMSAUBD Security ID: 344419106 Meeting Date: APR 26, 2010 Meeting Type: Annual Record Date: MAR 22, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Proposal to Exchange 100 For For Management Percent of Shares from the Beer Operations of the Company and/or its Subsidiaries for a Share Participation in Heineken Holdings N.V. and Heineken N.V. 2 Accept Report of Board of Directors on For For Management Financial Statements and Statutory Reports for Fiscal Year 2009, Receive CEO's Report and Audit and Corporate Practices Committees Chairmen Report 3 Approve Tax Report on Fiscal For For Management Obligations 4 Approve Allocation of Income and For For Management Distribution of Dividends of MXN 0.13 per Series B Shares; MXN 0.16 per Series D Shares; Corresponding to a Total of MXN 0.65 per B Unit and MXN 0.78 per BD Unit 5 Set Aggregate Nominal Share Repurchase For For Management Reserve to a Maximum Amount of up to MXN 3 Billion 6 Elect Directors and Secretaries, Verify For For Management Independence of Directors, and Approve their Remuneration 7 Elect Members and Chairmen of Finance For For Management and Planning Committee, Audit Committee and Corporate Practices Committee; Approve Their Remuneration 8 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 9 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- GERDAU S.A. Ticker: GGBR3 Security ID: P2867P113 Meeting Date: APR 28, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors and Approve Their For Against Management Remuneration 4 Elect Fiscal Council Members and Fix For For Management Their Remuneration 5 Amend Stock Option Plan For Against Management 6 Grant Stock Options as a Result of Plan For Against Management Amendment -------------------------------------------------------------------------------- GRUPO FINANCIERO BANORTE S.A.B. DE C.V. Ticker: GFNORTEO Security ID: MXP370711014 Meeting Date: OCT 5, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Cash Dividends of MXN 0.18 Per For For Management Share 2 Approve External Auditor Report For For Management 3 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 4 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- GRUPO FINANCIERO BANORTE S.A.B. DE C.V. Ticker: GFNORTEO Security ID: P49501201 Meeting Date: FEB 15, 2010 Meeting Type: Special Record Date: FEB 1, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Cash Dividends of MXN 0.17 Per For For Management Share 2 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 3 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- GRUPO FINANCIERO BANORTE S.A.B. DE C.V. Ticker: GFNORTEO Security ID: P49501201 Meeting Date: APR 23, 2010 Meeting Type: Annual Record Date: APR 9, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income For For Management 3 Approve Dividends of MXN 0.17 Per Share For For Management 4 Elect Directors; Verify Independence of For Abstain Management Board Members 5 Approve Remuneration of Directors For Abstain Management 6 Elect Members of Audit and Corporate For Abstain Management Practices Committee 7 Present Report on Company's 2009 Share For Abstain Management Repurchase Program; Set Maximum Nominal Amount of Share Repurchase Reserve for 2010 8 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting 9 Approve Minutes of Meeting For For Management -------------------------------------------------------------------------------- GRUPO MEXICO S.A.B. DE C.V. Ticker: GMEXICOB Security ID: P49538112 Meeting Date: APR 29, 2010 Meeting Type: Annual Record Date: APR 13, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For Abstain Management Statutory Reports; Accept CEO, Board and Board Committee Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Report on Tax Obligations in For Abstain Management Accordance with Article 86 of Tax Law 3 Approve Allocation of Income for Fiscal For For Management Year 2009 4 Approve Policy Related to Acquisition For Abstain Management of Own Shares; Set Aggregate Nominal Amount of Share Repurchase Reserve for 2010 5 Elect or Ratify Directors; Verify For Abstain Management Independence of Board Members; Elect or Ratify Chairmen and Members of the Board Committees 6 Approve Remuneration of Directors and For Abstain Management Members of Board Committees 7 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- GRUPO TELEVISA S.A. Ticker: TV Security ID: 40049J206 Meeting Date: DEC 10, 2009 Meeting Type: Special Record Date: NOV 23, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Dividends For For Management 2 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- GRUPO TELEVISA S.A. Ticker: TV Security ID: 40049J206 Meeting Date: APR 30, 2010 Meeting Type: Special Record Date: APR 15, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Elect or Ratify Directors for Class L For Abstain Management Shareholders 2 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- ITAU UNIBANCO HOLDING SA Ticker: BIHFI Security ID: P5968U113 Meeting Date: APR 26, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Corporate Bodies For Against Management 4 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- ITAUSA, INVESTIMENTOS ITAU S.A. Ticker: ITSA4 Security ID: P58711105 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Corporate Bodies For For Management 4 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- LAN AIRLINES S.A. Ticker: LAN Security ID: 501723100 Meeting Date: OCT 29, 2009 Meeting Type: Special Record Date: SEP 29, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1 Set Share Price or Authorize Board to For For Management Fix Share Price of the Shares Included in the Compensation Plan Adopted by the AGM on April 5, 2007 2 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- LAN AIRLINES S.A. Ticker: LAN Security ID: 501723100 Meeting Date: APR 29, 2010 Meeting Type: Annual Record Date: MAR 22, 2010 # Proposal Mgt Rec Vote Cast Sponsor a Approve Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 b Approve Final Dividends Based on Income For For Management of Fiscal Year 2009 Including $0.10 per Share and $0.20 per Share Paid in Aug. 2009 and Jan. 2010 Respectively c Elect Directors For Abstain Management d Approve Remuneration of Directors for For Abstain Management Fiscal Year 2010 Ending on Dec. 31, 2010 e Approve Remuneration of Directors For Abstain Management Committee and their Budget for 2010 f Approve External Auditors, Designate For Abstain Management Risk-Assessment Companies; Present Special Auditors' Report Regarding Related-Party Transactions g Present Report Re: Processing, For For Management Printing, and Mailing Information Required by Chilean Law h Designate Newspaper to Publish Meeting For For Management Announcements i Other Business (Voting) For Against Management -------------------------------------------------------------------------------- LOCALIZA RENT A CAR SA Ticker: RENT3 Security ID: P6330Z111 Meeting Date: DEC 28, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Absorption of Localiza For For Management Franchising Internacional 2 Approve Agreement to Absorb Localiza For For Management Franchising Internacional 3 Appoint Independent Firm to Appraise For For Management Proposed Merger 4 Approve Appraisal of Proposed Merger For For Management -------------------------------------------------------------------------------- LOJAS ARAPUA Ticker: Security ID: P6327T102 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors 4 Elect Directors For Against Management 5 Elect Fiscal Council Members For Against Management -------------------------------------------------------------------------------- MARFRIG ALIMENTOS SA Ticker: MRFG3 Security ID: P64389102 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Fiscal Council Members For For Management 4 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- METALURGICA GERDAU S.A. Ticker: GOAU4 Security ID: P4834C118 Meeting Date: APR 27, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors and Approve Their For Against Management Remuneration 4 Elect Fiscal Council Members and For For Management Approve Their Remuneration 5 Amend Stock Option Plan For Against Management -------------------------------------------------------------------------------- MRV ENGENHARIA PARTICIPACOES SA Ticker: MRVE3 Security ID: BRMRVEACNOR2 Meeting Date: SEP 30, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Joao Baptista de Abreu as an For For Management Independent Director -------------------------------------------------------------------------------- MRV ENGENHARIA PARTICIPACOES SA Ticker: MRVE3 Security ID: P6986W107 Meeting Date: DEC 17, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve 2:1 Stock Split For For Management 2 Amend Article 5 to Reflect Capital For For Management Stock Split 3 Amend Stock Option Plan to Reflect For Abstain Management Changes from Stock Split -------------------------------------------------------------------------------- MRV ENGENHARIA PARTICIPACOES SA Ticker: MRVE3 Security ID: P6986W107 Meeting Date: MAR 8, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Eduardo Luiz de Mascarenhas For For Management Picchioni as Director Following the Resignation of Robert Charles Gibbins 2 Amend Article 24 For For Management 3 Consolidate Company Bylaws to Reflect For For Management Change in Article 24 -------------------------------------------------------------------------------- MRV ENGENHARIA PARTICIPACOES SA Ticker: MRVE3 Security ID: P6986W107 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends -------------------------------------------------------------------------------- MRV ENGENHARIA PARTICIPACOES SA Ticker: MRVE3 Security ID: P6986W107 Meeting Date: APR 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve the Creation of Legal Executive For Against Management Officer and Investor Relations Executive Officer Positions 2 Amend Article 24 to Reflect the New For Against Management Executive Positions 3 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors -------------------------------------------------------------------------------- MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS SA Ticker: MULT3 Security ID: P69913104 Meeting Date: DEC 28, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Agreement to Absorb Solucao For For Management Imobiliaria Participacoes e Empreendimentos, Industrias Luna, and JPL Empreendimentos 2 Appoint Apsis Consultoria as the For For Management Independent Firm to Appraise Proposed Absorption 3 Approve Appraisal Reports For For Management 4 Formalize Absorption For For Management 5 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS SA Ticker: MULT3 Security ID: P69913104 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors For Against Management 4 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors -------------------------------------------------------------------------------- MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS SA Ticker: MULT3 Security ID: P69913104 Meeting Date: APR 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Articles re: Fix Board Term For Against Management 2 Amend Articles to Reflect Changes in For For Management Capital -------------------------------------------------------------------------------- NET SERVICOS DE COMUNICACAO S.A.(FRMLY GLOBO CABO S.A.) Ticker: NETC Security ID: P7161A100 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For Against Management Dividends 3 Elect Directors and Approve Their For Against Management Remuneration 4 Elect Fiscal Council Members For For Management -------------------------------------------------------------------------------- OGX PETROLEO E GAS PARTICIPACOES SA Ticker: OGXP3 Security ID: BROGXPACNOR3 Meeting Date: SEP 23, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Raphael Hermeto de Almeida as For For Management Director 2 Approve Issuance of Options in Favor of For For Management Raphael Hermeto de Almeida 3 Amend Article 5 of Company Bylaws For For Management -------------------------------------------------------------------------------- OGX PETROLEO E GAS PARTICIPACOES SA Ticker: OGXP3 Security ID: P7356Y103 Meeting Date: DEC 18, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve 1:100 Stock Split For For Management 2 Amend Article 5 to Reflect Capital For For Management Stock Split -------------------------------------------------------------------------------- OGX PETROLEO E GAS PARTICIPACOES SA Ticker: OGXP3 Security ID: P7356Y103 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors For For Management 4 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors -------------------------------------------------------------------------------- OGX PETROLEO E GAS PARTICIPACOES SA Ticker: OGXP3 Security ID: P7356Y103 Meeting Date: APR 30, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Grant of Shares Under Stock For For Management Option Plan -------------------------------------------------------------------------------- PDG REALTY SA EMPREENDIMENTOS E PARTICIPACOES Ticker: PDGR3 Security ID: BRPDGRACNOR8 Meeting Date: AUG 31, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Issuance of up to BRL 300 For For Management Million in Non-Convertible Debentures 2 Authorize Board of Directors to Set the For For Management Terms of the Debenture Issuance 3 Authorize Executive Officers to Execute For For Management Resolutions to Issue Debentures 4 Ratify the Acts Taken by the Board of For For Management Directors With Respect to the Issuance of Bonds and the Company's First Program of Securities Distribution 5 Approve 1:2 Stock Split For For Management 6 Approve Cancellation of Treasury Shares For For Management -------------------------------------------------------------------------------- PDG REALTY SA EMPREENDIMENTOS E PARTICIPACOES Ticker: PDGR3 Security ID: BRPDGRACNOR8 Meeting Date: SEP 9, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Stock Split For For Management 2 Approve Cancellation of Treasury Shares For For Management -------------------------------------------------------------------------------- PDG REALTY SA EMPREENDIMENTOS E PARTICIPACOES Ticker: PDGR3 Security ID: P7649U108 Meeting Date: APR 29, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Directors For Against Management 4 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors 5 Elect Fiscal Council Members For For Management -------------------------------------------------------------------------------- PDG REALTY SA EMPREENDIMENTOS E PARTICIPACOES Ticker: PDGR3 Security ID: P7649U108 Meeting Date: APR 29, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Articles For Against Management 2 Authorize Issuance of BRL 600 Million For For Management in Non-Convertible Debentures 3 Authorize the Board to Set Terms of the For For Management Issuance of Debentures 4 Authorize Executives to Carry Out For For Management Debenture Issuance 5 Approve Discharge of Executive Officer For For Management Board -------------------------------------------------------------------------------- PDG REALTY SA EMPREENDIMENTOS E PARTICIPACOES Ticker: PDGR3 Security ID: P7649U108 Meeting Date: JUN 10, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Merger Agreement between the For For Management Company and Agre Empreendimentos Imobiliarios SA 2 Appoint Independent Firm to Appraise For For Management Proposed Merger 3 Approve Appraisal of the Proposed For For Management Merger 4 Approve Increase in Capital in For For Management Connection with Acquisition 5 Amend Articles to Reflect Changes in For For Management Capital 6 Authorize Board to Ratify and Execute For For Management Approved Resolutions -------------------------------------------------------------------------------- PETROLEO BRASILEIRO Ticker: PBR Security ID: P78331140 Meeting Date: APR 22, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Capital Budget for Upcoming For For Management Fiscal Year 3 Approve Allocation of Income and For For Management Dividends 4 Elect Directors For Abstain Management 5 Elect Board Chairman For Abstain Management 6 Elect Fiscal Council Members For Abstain Management 7 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- PETROLEO BRASILEIRO Ticker: PBR Security ID: 71654V101 Meeting Date: APR 22, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Capital Budget for Upcoming For For Management Fiscal Year 3 Approve Allocation of Income and For For Management Dividends 4 Elect Directors For Abstain Management 5 Elect Board Chairman For Abstain Management 6 Elect Fiscal Council Members For Abstain Management 7 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors, and Fiscal Council Members 1 Authorize Capitalization of Reserves For For Management 2 Eliminate Preemptive Rights For For Management -------------------------------------------------------------------------------- PETROLEO BRASILEIRO Ticker: PBR Security ID: 71654V408 Meeting Date: APR 22, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Capital Budget for Upcoming For For Management Fiscal Year 3 Approve Allocation of Income and For For Management Dividends 4 Elect Directors For Abstain Management 5 Elect Board Chairman For Abstain Management 6 Elect Fiscal Council Members For Abstain Management 7 Approve Remuneration of Executive For Abstain Management Officers, Non-Executive Directors, and Fiscal Council Members 1 Authorize Capitalization of Reserves For For Management 2 Eliminate Preemptive Rights For For Management -------------------------------------------------------------------------------- PETROLEO BRASILEIRO Ticker: PBR Security ID: 71654V408 Meeting Date: JUN 22, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Amend Company's Bylaws to Increase the For For Management Number of Authorized Preferred Shares 2 Amend Company's Bylaws to Increase the For For Management Number of Authorized Common Shares 3 Amend Company's Bylaws to Include For For Management Transitory Provision to Issue Shares with or without Preemptive Rights 4 Amend Article 4 of Company's Bylaws to For For Management Reflect the Changes in its Capital Structure -------------------------------------------------------------------------------- S.A.C.I. FALABELLA Ticker: FALABELLA Security ID: P3880F108 Meeting Date: APR 27, 2010 Meeting Type: Annual Record Date: APR 20, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income for Fiscal For For Management Year Ended Dec. 31, 2009 3 Approve Dividends Policy For For Management 4 Elect Directors For Abstain Management 5 Approve Remuneration of Directors For Abstain Management 6 Elect External Auditors and Risk For Abstain Management Assessment Companies for Fiscal Year 2010 7 Designate Newspaper to Publish Meeting For For Management Announcements 8 Present Special Auditors' Report None None Management Regarding Related-Party Transactions 9 Receive Directors Committee's Report; For Abstain Management Approve Remuneration and Budget of Directors' Committee 10 Other Business (Voting) For Against Management -------------------------------------------------------------------------------- SOCIEDAD QUIMICA Y MINERA DE CHILE S.A. (SQM) Ticker: SQM Security ID: 833635105 Meeting Date: APR 29, 2010 Meeting Type: Annual/Special Record Date: APR 8, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Change in Company's Name, For For Management Address and Corporate Objective; Reflect Capital; Approve Changes in Punctuations, Transcription and Wording of the Articles in Company Bylaws; Amend Bylaws Accordance with Law No. 18.046 and No. 20.382 2 Amend Company Bylaws to Reflect Changes For For Management on Item 1 3 Authorize Board to Ratify and Execute For For Management Approved Resolutions 1 Accept Annual Report, Financial For For Management Statements, Supervisory Board's Report and External Auditor Reports, and Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Elect External Auditors and Supervisory For Abstain Management Board for Fiscal Year 2010 3 Receive Special Auditors' Report For For Management Regarding Related-Party Transactions 4 Approve Investment and Financing Policy For For Management 5 Approve Allocation of Income and For For Management Dividends, and Dividend Policy 6 Approve Board Expenses for Fiscal Year For Abstain Management 2009 7 Approve Remuneration of Directors For Abstain Management 8 Approve Issues Related to Directors and For Against Management Audit Committees 9 Other Business (Voting) For Against Management -------------------------------------------------------------------------------- TELECOM ARGENTINA S.A. Ticker: TECO2 Security ID: 879273209 Meeting Date: SEP 9, 2009 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Approve Explanation of Motives on New For Did Not Vote Management General Meeting Date; Designate Two Shareholders to Sign Minutes of Meeting 2 Consider Board Proposal on the For Did Not Vote Management Constitution of Legal Reserves and Allocate the Balance of Non-Allocated Profits Accounts to the Recomposition of Legal Reserves that was Attributed to the Absorption of Previously Accumulated Losses 3 Accept Financial Statements and For Did Not Vote Management Statutory Reports for the Fiscal Year Ended Dec. 31, 2008 4 Approve Discharge of Directors and For Did Not Vote Management Internal Statutory Auditors Committee 5 Approve Remuneration of Directors in For Did Not Vote Management the Amount of ARS 4.7 Million Corresponding to Fiscal Year Ended Dec. 31, 2008 6 Authorize Board to Allocate Allowance For Did Not Vote Management of Up to ARS 4 Million to Directors for the Fiscal Year 2009, Ad-referendum to Shareholder Decisions during the Shareholder Meeting 7 Determine Remuneration of Internal For Did Not Vote Management Statutory Auditors Committee Members for the Fiscal Year 2009, Ad-referendum to Shareholder Decisions during the Shareholder Meeting 8 Fix Number of and Elect Directors and For Did Not Vote Management Alternates 9 Elect Internal Statutory Auditors For Did Not Vote Management Committee Members and their Alternates 10 Approve External Auditors for the For Did Not Vote Management Fiscal Year 2009 and Authorize Board to Fix Their Remuneration 11 Approve Budget of Audit Committee for For Did Not Vote Management Fiscal Year 2009 12 Approve Consolidated Balance Sheets for For Did Not Vote Management the Merger of Cubecorp Argentina SA and Telecom Argentina SA for the Period Ended Dec. 31, 2008, Including Report of the Internal Statutory Auditors 13 Approve Previous Compromise Merger For Did Not Vote Management Agreement Subscribed by Cubecorp Argentina SA and Telecom Argentina SA as Approved by the Board on March 6, 2009 14 Approve Authorities to Grant Definite For Did Not Vote Management Agreement of the Merger and Related Complimentary Documents 15 Approve Authorities to Ratify and For Did Not Vote Management Execute Approved Resolutions Related to the Merger -------------------------------------------------------------------------------- TELECOM ARGENTINA S.A. Ticker: TECO2 Security ID: 879273209 Meeting Date: APR 28, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Designate Two Shareholders to Sign For Did Not Vote Management Minutes of Meeting 2 Present Explanation of Reasons in For Did Not Vote Management Connection with Delayed Call of AGM 2008 3 Accept Financial Statements and For Did Not Vote Management Statutory Reports for the Fiscal Year Ended Dec. 31, 2008 Including English Version 4 Approve Allocation of Income for Fiscal For Did Not Vote Management Year 2008; Allocate ARS12.63 Million to Legal Reserves and Allocate Balance to Non-Allocated Profits Account to Recomposition of Legal Reserves 5 Accept Financial Statements and For Did Not Vote Management Statutory Reports for the Fiscal Year Ended Dec. 31, 2009 Including English Version 6 Approve Allocation of Income for Fiscal For Did Not Vote Management Year 2009 and Approve Cash Dividend Distribution on May 5, 2010 in the Amount of ARS 689.1 Million and on Dec. 20, 2010 in the Amount of ARS 364.22 Million 7 Approve Discharge of Directors and For Did Not Vote Management Members of Internal Statutory Auditors Committee from April 29, 2008 Up to AGM Date 8 Approve Remuneration of Directors For Did Not Vote Management Designated on April 29, 2008 Up to the AGM Date 9 Authorize Board to Allocate Allowance For Did Not Vote Management Up to ARS 4.5 Million to Directors Appointed for the Current Fiscal Year 2010 10 Determine Remuneration of Internal For Did Not Vote Management Statutory Auditors Appointed on April 29, 2008 Up to AGM Date in the Amount of ARS 1.18 Million; Approve Allocation of Allowances of the Internal Statutory Auditors in the Amount of ARS 700,000 for Fiscal Year 2010 11 Fix Number of Directors and Alternates For Did Not Vote Management for Fiscal Year 2010 12 Elect Directors and Alternates for For Did Not Vote Management Fiscal Year 2010 13 Fix Number of and Elect Internal For Did Not Vote Management Statutory Auditors Committee Members Including Their Alternates for Fiscal Year 2010 14 Re-elect Price Waterhouse & Co. S.R.L. For Did Not Vote Management as External Auditors of the Company 15 Approve Remuneration of Auditors for For Did Not Vote Management Fiscal Year 2008 and 2009 16 Approve Auditors and Authorize Board to For Did Not Vote Management Fix Their Remuneration for Fiscal Year 2010 17 Approve Expenses for Fiscal Year 2009 For Did Not Vote Management and Approve Budget for Fiscal Year 2010 of Audit Committee 18 Approve Consolidated Balance Sheets for For Did Not Vote Management the Merger of Cubecorp Argentina SA and Telecom Argentina SA for the Period Ended Dec. 31, 2008, Including Report of the Internal Statutory Auditors 19 Approve Previous Compromise Merger For Did Not Vote Management Agreement Subscribed by Cubecorp Argentina SA and Telecom Argentina SA as Approved by the Board on March 6, 2009 20 Approve Authorities to Grant Definitive For Did Not Vote Management Merger Agreement and Related Complimentary Documents 21 Rectify Non Approval of Discharge of For Did Not Vote Management Gerardo Werthein as Director During the Nineteenth Fiscal Year -------------------------------------------------------------------------------- ULTRAPAR PARTICIPACOES S.A. Ticker: UGP Security ID: P94396101 Meeting Date: APR 28, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Capital Budget for Upcoming For For Management Fiscal Year 3 Approve Allocation of Income and For For Management Dividends 4 Elect Directors and Approve Their For For Management Remuneration 5 Elect Fiscal Council Members and For For Management Approve Their Remuneration -------------------------------------------------------------------------------- USINAS SIDERURGICAS DE MINAS GERAIS S.A. - USIMINAS Ticker: USNMY Security ID: P9632E117 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors 4 Elect Directors For For Management 5 Elect Fiscal Council Members and Fix For For Management Their Remuneration -------------------------------------------------------------------------------- USINAS SIDERURGICAS DE MINAS GERAIS S.A. - USIMINAS Ticker: USNMY Security ID: P9632E125 Meeting Date: APR 30, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Approve Remuneration of Executive For For Management Officers, Non-Executive Directors 4 Elect Directors For For Management 5 Elect Fiscal Council Members and Fix For For Management Their Remuneration -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE Security ID: P2605D109 Meeting Date: JAN 22, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Ratify Nomination of Alternate Member For For Management of Board of Directors 2 Approve Agreement to Absorb Mineracao For For Management Estrela de Apolo and Mineracao Vale Corumba 3 Appoint Domingues e Pinho Contadores to For For Management Appraise Proposed Merger 4 Approve Appraisal of Proposed Merger For For Management 5 Approve Absorption of Mineracao Estrela For For Management de Apolo and Mineracao Vale Corumba -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE.P Security ID: 91912E105 Meeting Date: JAN 22, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Ratify Nomination of Alternate Member For For Management of Board of Directors 2 Approve Agreement to Absorb Mineracao For For Management Estrela de Apolo and Mineracao Vale Corumba 3 Appoint Domingues e Pinho Contadores to For For Management Appraise Proposed Merger 4 Approve Appraisal of Proposed Merger For For Management 5 Approve Absorption of Mineracao Estrela For For Management de Apolo and Mineracao Vale Corumba -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE.P Security ID: 91912E204 Meeting Date: JAN 22, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Ratify Nomination of Alternate Member For For Management of Board of Directors 2 Approve Agreement to Absorb Mineracao For For Management Estrela de Apolo and Mineracao Vale Corumba 3 Appoint Domingues e Pinho Contadores to For For Management Appraise Proposed Merger 4 Approve Appraisal of Proposed Merger For For Management 5 Approve Absorption of Mineracao Estrela For For Management de Apolo and Mineracao Vale Corumba -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE Security ID: P2605D109 Meeting Date: APR 27, 2010 Meeting Type: Annual Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Fiscal Council Members For For Management 4 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE3 Security ID: 91912E105 Meeting Date: APR 27, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Fiscal Council Members For For Management 4 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members 1 Authorize Capitalization of Reserves For For Management 2 Elect Director For Abstain Management -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE3 Security ID: 91912E204 Meeting Date: APR 27, 2010 Meeting Type: Annual/Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Financial Statements and For For Management Statutory Reports for Fiscal Year Ended Dec. 31, 2009 2 Approve Allocation of Income and For For Management Dividends 3 Elect Fiscal Council Members For For Management 4 Approve Remuneration of Executive For Against Management Officers, Non-Executive Directors, and Fiscal Council Members 1 Authorize Capitalization of Reserves For For Management 2 Elect Director For Abstain Management -------------------------------------------------------------------------------- VALE S.A. Ticker: RIO.PR Security ID: P2605D109 Meeting Date: MAY 19, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Authorize Capitalization of Reserves For For Management without Issuance of Shares -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE Security ID: P2605D109 Meeting Date: JUN 22, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Jose Mauro Mettrau Carneiro da For For Management Cunha as Director -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE Security ID: P96609139 Meeting Date: JUN 22, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Jose Mauro Mettrau Carneiro da For For Management Cunha as Director -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE3 Security ID: 91912E105 Meeting Date: JUN 22, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Jose Mauro Mettrau Carneiro da For For Management Cunha as Director -------------------------------------------------------------------------------- VALE S.A. Ticker: VALE3 Security ID: 91912E204 Meeting Date: JUN 22, 2010 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor 1 Elect Jose Mauro Mettrau Carneiro da For For Management Cunha as Director -------------------------------------------------------------------------------- VIVO PARTICIPACOES SA (FRMLY TELESP CELULAR PARTICIPACOES) Ticker: VIVO3 Security ID: 92855S200 Meeting Date: JUL 27, 2009 Meeting Type: Special Record Date: # Proposal Mgt Rec Vote Cast Sponsor a Approve Acquisition Agreement between For For Management the Company and Telemig Celular Participacoes SA b Appoint Independent Firms to Appraise For For Management Proposed Acquisition c Approve Appraisal Reports by For For Management Independent Firms, and Amend Article 5 Accordingly d Approve Acquisition of Telemig Celular For For Management Participacoes SA -------------------------------------------------------------------------------- WAL-MART DE MEXICO, S.A.B. DE C.V. Ticker: WALMEXV Security ID: P98180105 Meeting Date: DEC 22, 2009 Meeting Type: Special Record Date: DEC 8, 2009 # Proposal Mgt Rec Vote Cast Sponsor 1 Present Board Report on the Acquisition For For Management of Wal-Mart Centroamerica 2 Approve Merger Proposal with WM Maya S For For Management de RL de CV by Wal-Mart de Mexico, S.A.B. de C.V. 3 Amend Company Bylaws Re: Capital For For Management Increase and Share Issuance as a Consequence of the Merger in Item 2 4 Designate Inspector or Shareholder For For Management Representative(s) of Minutes of Meeting -------------------------------------------------------------------------------- WAL-MART DE MEXICO, S.A.B. DE C.V. Ticker: WALMEXV Security ID: P98180105 Meeting Date: MAR 11, 2010 Meeting Type: Annual Record Date: FEB 23, 2010 # Proposal Mgt Rec Vote Cast Sponsor 1 Accept Board of Directors Report For For Management 2 Accept CEO's Report For For Management 3 Accept Report of Audit and Corporate For For Management Governance Committees 4 Approve Financial Statements for Fiscal For For Management Year Ended Dec. 31, 2009 5 Present Report on the Share Repurchase For For Management Reserves 6 Approve to Cancel Company Treasury For For Management Shares 7 Approve Allocation of Income for Fiscal For For Management Year Ended Dec. 31, 2009 8 Approve Dividends of MXN 0.70 Per Share For For Management 9 Amend Clause Five of Company Bylaws For Abstain Management 10 Accept Report on Adherence to Fiscal For For Management Obligations 11 Accept Report Re: Employee Stock For For Management Purchase Plan 12 Accept Report Re: Wal-Mart de Mexico For For Management Foundation 13 Accept Report on Acquisition and For For Management Integration Plan of Wal-mart Centroamerica 14 Ratify Board of Directors' Actions For For Management Between Fiscal Year Jan. 1 - Dec. 31, 2009 15 Elect Board Members For Abstain Management 16 Elect Audit and Corporate Governance For Abstain Management Committee Chairs 17 Authorize Board to Ratify and Execute For For Management Approved Resolutions ========== END NPX REPORT SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) The Latin American Discovery Fund, Inc. By (Signature and Title)* /s/ Randy Takian ----------------------------------------- Randy Takian President and Principal Executive Officer Date August 25, 2010 * Print the name and title of each signing officer under his or her signature.