Edgar Filing: HERZFELD CARIBBEAN BASIN FUND INC

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT

INVESTMENT COMPANY

Investment Company Act file number 811-06445

The Herzfeld Caribbean Basin Fund, Inc.

(Exact name of registrant as specified in charter)

PO Box 161465, Miami, FL	33116
(Address of principal executive offices)	(Zip code)

(Name and address of agent for service)

Registrant's telephone number, including area code: 305-271-1900

Date of fiscal year end: 6/30

Date of reporting period: year-ended 6/30/07

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507.

SEC 2451 (4-03)

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

ITEM 1. PROXY VOTING RECORD:

Meeting Date	Company - Ticker Symbol	Security ID/	Mgmt	Vote	Shares	Shares
/Type	/Ballot Issues	Proponent	Rec	Cast	Available	Voted

8/17/2006	Grupo Financiero Banorte S.A.	MXP370711014
EGM					16,400	16,400
	Approve Absorption of Banco del Centro	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

8/31/2006	Cemex S.A.	MXP225611567			46,718	46,718
EGM
	Special Meeting for CPO Holders	Mgmt	For	For
	Amend Certificate of Issuance Act and Contract Trust No. 11033-9 Signed with Banco Nacional de Mexico for CPO Certificates 'CEMEX.CPO' to Effect Resolutions Adopted at the 4-27-06 EGM	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

9/12/2006	Empresas Ica S. A.	MXP371491046			3,583	0
EGM

	Amend Bylaws in Compliance with New Mexican Securities Law	Mgmt	For
	Consolidate Amendments to Articles	Mgmt	For
	Approve Resolutions to Cancel, Issue, and/or Exchange Securities In Compliance with New Statutory Provisions	Mgmt	For
	Appointment and Election of New Board Members	Mgmt	For
	Elect Chairman of Compliance and Audit Committee	Mgmt	For
	Approve Remuneration of Directors and Members of the Different Committees	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For

9/26/2006	Urbi Desarrollos Urbanos, SA de CV	MX01UR000007			1,500	1,500
EGM

	Amend Bylaws in Compliance with New Mexican Securities Law	Mgmt	For	For
	Approve Resolution Regarding the Integration of All Corporate Bodies in Accordance with New Mexican Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

9/27/2006	Vitro S.A. DE C.V.	MXP9802B1093			2,900	2,900
EGM

	Only Class A Shareholders who are Mexican Nationals May Vote	Mgmt	For	For
	Approve Increase in Variable Portion of Capital	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

9/28/2006	Kimberly Clark De Mexico S.A. De C.V.	MXP606941179			6,100	6,100
EGM

	Meeting for Class A and Class B Shares; Only Mexican May Hold Class A Shares	Mgmt	For	For
	Approve Partial Spin-Off of Company's Industrial Products Division; Approve Allocation of Funds Resulting from this Transaction Including an Investment Plan; Approve Share Repurchase Program; and Approve Payment of Extraordinary Dividends	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

10/9/2006	Telefonos De Mexico S.A. De C.V.	MXP904131085			23,800	23,800
EGM

	Only AA and A Shares Can Vote, and AA Shares Must be Held by Mexican Nationals	Mgmt	For	For
	Authorize Increase in Share Repurchase Funds by Up to MXN 15 Billion; Approve Share Repurchase	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

10/12/2006	Grupo Financiero Banorte S.A.	MXP370711014			16,400	16,400
EGM

	Approve Cash Dividends of MXN 0.375 Per Share	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

10/13/2006	Alfa S.A.	MXP000511016			5,400	5,400
EGM

	Only Class A Shareholders Who Are Mexican Nationals Can Vote
	Approve Merger by Absorption of Alpek SA de CV	Mgmt	For	For
	Approve Inclusion of Safeguard Provisions in Company's Bylaws in Accordance with Article 48 of Mexican Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

10/19/2006	Consorcio Ara Sa	MXP001161019			4,300	4,300
EGM

	Special Business	Mgmt	For	For
	Renumber All Articles of Association and Subsequent Amend Bylaws to Comply with New Mexican Securities Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Ordinary Business
	Elect/Ratify Directors	Mgmt	For	For
	Appoint the Chairman of Audit Committee	Mgmt	For	For
	Appoint the Chairman of Corporate Practices Committee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

10/31/2006	Grupo Imsa Sa De Cv	MX01IM000008			600	600
EGM

	Approve Merger Agreement with Tarida SA de CV and Subsequent Dissolution of the Merged Company	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) to Execute All Resolutions Approved Regarding the Merger and Confirm Minutes of Meeting	Mgmt	For	For
	Appoint New Board Members Until the End of the 2006 Fiscal Year	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

11/14/2006	Grupo Bimbo	MXP495211262			7,600	7,600
EGM

	Special Meeting Agenda
	Amend Entire Articles Re: Formation of Board Sub-committees as Well as Adaptation to the Revised Corporate Law	Mgmt	For	For
	Approve Dividends of MXN 0.31 Per Share	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s)	Mgmt	For	For

11/14/2006	Wal-Mart de Mexico S.A. de C.V. (frmrly. Cifra S.A.)	MXP810081010			44,612	44,612
EGM

	Special Meeting Agenda - Only V Shares Have Voting Rights
	Amend Articles	Mgmt	For	For
	Elect Members to the Board of Directors	Mgmt	For	For
	Elect Audit Committee Chairman	Mgmt	For	For
	Elect Company Practices' Committee Chairman	Mgmt	For	For

11/16/2006	Alsea S.A. de C.V.	MXP001391012			300	300
EGM

	Approve Capital Reduction via Cancellation of Company Treasury Shares; Determine Company's Subscribed and Paid Capital	Mgmt	For	For
	Ratify and/or Amend the Terms and Conditions of the Company's Employee Stock Incentive Plan for Fiscal Year 2005	Mgmt	For	For
	Approve Stock Split; Approve Subsequent Cancellation and Exchange of Shares Titles; Amend Article 6 of Bylaws Accordingly	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

11/29/2006	Vitro S.A. DE C.V.	MXP9802B1093			2,900	2,900
EGM

	Only A shares who are Mexican Nationals can vote; One class A share equivalent to one CPO
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Elect Members of Audit and Corporate Practices Committee	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For
	Only A Shares Who are Mexican National May Vote. 1 ADR = 3 CPO
	Amend Bylaws in Order to Comply with New Mexican Securities Law	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For

11/30/2006	Gruma S.A. (Grupo Maseca)	MXP4948K1056			800	800
EGM

	Amend Bylaws in Compliance with New Mexican Securities Law	Mgmt	For	For
	Elect Board Members and Board Secretary, and Their Respective Alternates, Including Independent Directors; Approve Their Remuneration	Mgmt	For	For
	Approve Integration of Audit Committee and Corporate Practices Committee; Elect Their Respective Chairman	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

12/4/2006	Grupo Cementos de Chihuahua	MX01GC2M0006			800	800
EGM

	Amend Bylaws in Order to Comply with New Mexican Securities Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

12/4/2006	Grupo Cementos de Chihuahua	MX01GC2M0006			800	0
EGM
	Elect Directors and Approve Their Remuneration	Mgmt	For
	Elect Chairman of the Audit Committee	Mgmt	For
	Elect Chairman of the Corporate Practices Committee	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Approve Minutes of Meeting	Mgmt	For

12/5/2006	Coca-Cola Femsa S.A.	MXP2861W1067			200	200
EGM

	Amend Bylaws in Order to Comply with New Mexican Securities Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

12/5/2006	Coca-Cola Femsa S.A.	MXP2861W1067			200	0
EGM

	Elect Members of Board of Directors, Board Secretaries and their Respective Alternates, Including Independent Members in Accordance with New Mexican Securities Law; Approve their Remuneration	Mgmt	For
	Approve Integration of Board Committees including Audit and Corporate Practices Committees, Elect the Chairman of Each Board Committee and Approve their Remuneration	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Approve Minutes of Meeting	Mgmt	For

12/5/2006	Carso Global Telecom	MXP740451010			11,900	11,900
EGM

	Only A1 Shareholders Who are Mexican National Can Vote at This Meeting
	Ordinary Business
	Elect/Reelect Members of the Board of Directors	Mgmt	For	For
	Elect Chairman of the Audit Committee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Special Business
	Amend Baylaws in Compliance with New Mexican Securities Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/5/2006	Telefonos De Mexico S.A. De C.V.	MXP904131325			78,600	78,600
EGM

	Only AA and A Shares Can Vote, and AA Shares Must be Held by Mexican Nationals
	Amend Bylaws in Compliance with New Mexican Securities Law	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For
	Approve Minutes of Meeting and Compliance with Approved Resolutions	Mgmt	For	For

12/5/2006	Desc, S.A. De C.V.	MXP300061415			1,580	1,580
EGM

	Only Holders of A and B Shares Are Entitled to Vote
	Amend Bylaws in Compliance with New Mexican Securities Law	Mgmt	For	For
	Elect/Reelect Board Members, Members of the Different Board Committees, and Their Respective Chairman	Mgmt	For	For
	Approve Remuneration of Directors	Mgmt	For	For
	Approve Spin-Off Agreement, Creation of a New Entity, and Financial Statements	Mgmt	For	For
	Approve Issuance and Exchange of Shares Representives of Capital	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

12/6/2006	Mexichem SA (frmely Grupo Industrial Camesa)	MX01ME050007			100	100
EGM

	Ordinary Business
	Amend Articles to Comply With New Securities Market Law, Reflect Related Changes in Share Capital	Mgmt	For	For
	Elect Chairman of Audit Committee and Chairman of Corporate Practices	Mgmt	For	For
	Approve Cash Dividends of MXN 0.44 Share	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Business

12/7/2006	CEMEX S.A.B. de C.V.	MXP225611567			46,718	46,718
EGM

	Each CPO is Composed of 2 Class A Shares and 1 Class B Shares; Only Mexican Nationals Who Own Class A Shares Are Entitled to Vote
	Discuss and Authorize a Corporate Transaction after Listening to the Report of the CEO and the Opinion of the Board of Directors	Mgmt	For	For
	Approve Minutes of Meeting; Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/7/2006	Tv Azteca Sa De Cv	MXP740471117			13,900	13,900
EGM

	Only Series A Shareholders and Mexican Nationals Can Vote
	Ordinary Business
	Accept Financial Statements and Statutory Reports	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Business
	Authorize Capitalization of Reserves for Bonus Issue; Amend Articles Accordingly	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/7/2006	Fomento Economico Mexicano S.A. (Femsa)	MXP320321310			6,300	6,300
EGM

	Voting Rights Limited to Class B Shares
	Amend Bylaws in Order to Comply with New Mexican Securities Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

12/7/2006	Grupo Carso Sa De Cv	MXP461181085			11,000	11,000
EGM

	Only Series A Shareholders and Mexican Nationals Can Vote
	Amend Bylaws in Order to Comply with New Mexeican Securities Law	Mgmt	For	For
	Adopt Resolutions Related to the Previous Item	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For

12/7/2006	Fomento Economico Mexicano S.A. (Femsa)	MXP320321310			6,300	0
EGM

	Ordinary Business
	Elect/Reelect Directors and Verify Independence Under New Securities Market Law	Mgmt	For
	Elect Board Committee Members and Fix Their Remuneration	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Approve Minutes of Meeting	Mgmt	For
	Special Business
	Amend Articles to Comply With New Mexican Securities Law	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Approve Minutes of Meeting	Mgmt	For

12/13/2006	Grupo Financiero Banorte S.A.	MXP370711014			16,400	0
EGM

	Special Business
	Amend Bylaws in Order to Comply with New Mexican Securities Law	Mgmt	For
	Amend Bylaws Re: Compliance with Various Credit Institutions Laws	Mgmt	For
	Approve Spin-Off of Finanzas Banorte, S.A. de C.V.	Mgmt	For
	Amend Bylaws Re: Record Changes to Arrendadora Banorte, Factor Banorte and Creditos Pronegocio as Companies with Diverse Business Objectives	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Approve Minutes of Meeting	Mgmt	For

12/13/2006	Grupo Financiero Banorte S.A.	MXP370711014			16,400	16,400
EGM

	Ordinary Business
	Elect Members and Chairman to the Audit and Corporate Practices Committee; Fix Their Remuneration; Revoke Nomination of Supervisory Board Members	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

12/13/2006	America Movil SA de CV	MXP001691015			35,600	35,600
EGM

	Only Class A and AA Shares Are Entitled to Vote at this Meeting
	Accept Financial Statements as of 10-31-2006; Merger Between America Telecom, SA de CV and Corporativo Empresarial de Comunicaciones, SA de CV	Mgmt	For	For
	Approve Merger Agreement Between America Telecom S.A. de C.V. and Corporativo Empresarial de Comunicaciones S.A. de C.V.	Mgmt	For	For
	Approve Adjustments in Capital Pursuant to Merger	Mgmt	For	For
	Amend Bylaws in Order to Comply with New Mexican Securities Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Only Class A and AA Shares Are Entitled to Vote
	Ratify Members of the Board of Directors Elected During the Annual General Meeting Last April 26, 2006	Mgmt	For	For
	Ratify Members of Executive Committee, Audit Committee and Compensation Committee Elected During the Annual General Meeting Last April 26, 2006	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/13/2006	America Telecom S.A. de C.V	MX01AM060000			12,500	0
EGM

	Only Class A1 Shareholders May Vote at this Meeting
	Accept Financial Statements as of 10-31-2006; Merger Between the Company and Corporativo Empresarial de Comunicaciones, SA de CV and America Movil, S.A. de C.V.	Mgmt	For
	Approve Merger Agreement Between the Company and Corporativo Empresarial de Comunicaciones, SA de CV and America Movil, S.A. de C.V.	Mgmt	For
	Amend Bylaws in Order to Comply with New Mexican Securities Law	Mgmt
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For

12/14/2006	Grupo Financiero Inbursa S.A. De C.V.	MXP370641013			9,900	9,900
EGM

	Amend Articles to Comply With New Securities Market Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/21/2006	Grupo Televisa, S.A.	MXP4987V1378			13,400	13,400
EGM

	Only Holders of Series A and Series B Shares Entitled to Vote, Series A Shareholders Must Be Mexican Nationals
	Special Business
	Amend Bylaws in Order to Comply with New Mexican Securities Law Including Renumbering and Reorganizing Order of Bylaws of Association	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Ordinary Business
	Elect/Ratify Chairman and Members to Audit Committee and Corporate Practices Committee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

12/22/2006	Corporacion Interamericana De Entretenimiento, S.A.	MXP201161017			3,200	0
EGM

	Special Business
	Amend ByLaws in Order to Comply with New Mexican Securties Law	Mgmt	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Ordinary Business
	Approve Discharge, Elect or Ratify Members of the Board of Directors and Qualify Independence of Directors	Mgmt	For
	Approve Discharge of Alejandro Torres Hernandez, Supervisory Board Member	Mgmt	For
	Elect Chairmen of Audit Committee and Corporate Practices Committee	Mgmt	For
	Approve Remuneration of Directors and Members of Audit Committee and Corporate Practices Committee	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For

12/27/2006	US Comercial Corp.,SA	MX01US000006			3,300	3,300
EGM

	Amend Bylaws in Order to Comply with New Mexican Securties Law	Mgmt	For	For
	Adopt Resolutions Related to the Previous Item	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

1/17/2007	Grupo Mexico SA de CV (fm. Nueva Gr. Mexico SACV)	MXP370841019			1,200	1,200
EGM

	Accept Balance Sheet and 'Proforma' Balance Sheet as of 9-30-06	Mgmt	For	For
	Approve Merger by Absorption of Subsidiary Grupo Minero Mexico Internacional SA de CV to be Effective 12-31-06	Mgmt	For	For
	Approve Cancellation, Issuance, and Exchange of Shares Representatives of Company's Capital	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

2/6/2006	Grupo Iusacell Sa De Cv	MX01CE080006			725	725
EGM

	Ordinary Business
	Approve Increase in Variable Capital	Mgmt	For	For
	Discuss Report on Debt Reestructuring of Grupo Iusacell SA de CV	Mgmt	For	For
	Approve Granting of Powers	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Business
	Approve Reduction of Capital; Cancellation Treasury Shares; Amend Articles of Company Bylaws	Mgmt	For	For
	Approve Granting of Powers	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

2/23/2007	America Movil SA de CV	MXP001691015			35,600	35,600
EGM

	Only Class A and AA Shares Are Entitled to Vote. Only AA Holders Who Are Mexican Nationals Have Voting Rights.
	Amend First and Sixth Transitory Clauses of the Company Bylaws	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

3/2/2007	Kimberly-Clark de Mexico S.A. de C.V.	MXP606941179			6,100	6,100
AGM

	Meeting for Class A and Class B Shares; Only Mexican May Hold Class A Shares
	Ordinary Business
	Approve Individual and Consolidated Financial Statements and Statutory Report for Fiscal Year Ended 12-31-06, Approve Allocation of Income, and Approve Audit Committee and Corporate Practices Committee Reports	Mgmt	For	For
	Approve Dividends of MXN 2.52 Per Class A and B Share and Special Class T Shares; Such Dividends will be Distributed in 4 Installments of MNX 0.63 Each	Mgmt	For	For
	Elect/Reelect Principal and Alternates Members of the Board of Directors, and the Chairman of the Audit Committee and Corporate Practices Committee; Verify Director's Independence as Set Forth in Article 26 of Mexican Securities Law	Mgmt	For	For
	Approve Remuneration of Board of Directors and Members of Different Committess, Principals and Alternates Respectively	Mgmt	For	For
	Special Business
	Approve Repurchase and Reissuance of Shares; Approve Cancellation of 7.24 Million Ordinary Treasury Class I Shares or 3.73 Million Class A Shares and 3.51 Million Class B Shares; Set Aggregate Nominal Amount of Share Repurchase Program	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

3/5/2007	US Commercial Corp.,SA de CV	MX01US000006			3,300	3,300
EGM

	Approve Increase in Authorized Capital	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For

3/6/2007	Wal-Mart de Mexico S.A. de C.V. (frmrly. Cifra S.A.)	MXP810081010			44,612	44,612
AGM

	Accept Board of Directors Report	Mgmt	For	For
	Accept Audit Committee's Report	Mgmt	For	For
	Approve Financial Statements for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Present Report on the Share Repurchase Reserves	Mgmt	For	For
	Approve to Cancel 158.4 Million Company Treasury Shares	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Project to Distribute Dividends where Shareholder Decides Either Compensated in Cash Charged to Retained Earnings Account at MNX 0.51 per Share or Company Shares	Mgmt	For	For
	Approve MXN 4.37 Billion Capital Increase Through the Issuance of 109.23 Million Ordinary Shares to Service Stock Dividend Payment	Mgmt	For	For
	Accept Report on Adherence to Fiscal Obligations	Mgmt	For	For
	Report on Employee Stock Purchase Plan	Mgmt	For	For
	Accept Report Re: Wal-Mart de Mexico Foundation	Mgmt	For	For
	Ratify Board of Directors' Actions between Fiscal Year January 1 - December 31, 2006	Mgmt	For	For
	Ratify and Elect Board Members	Mgmt	For	For
	Ratify Audit and Corporate Governance Committee Chairs	Mgmt	For	For
	Authorize Board to Ratify and Execute Approved Resolutions	Mgmt	For	For

3/26/2007	Grupo Elektra SA de CV	MX01EL000003			1,380	1,380
AGM

	Discussion and Ratification of Javier Sarro Cortina's Resignation as CEO	Mgmt	For	For
	Analysis, Discussion and Possible Election of Carlos Septien Michel as New CEO; Determine CEO's Resposibilities	Mgmt	For	For
	Accept Board of Director's Report for Year Ended Dec. 31, 2006	Mgmt	For	For
	Approve Financial Statements, Statutory Reports, and Allocation of Income for Fiscal Year Dec. 31, 2006	Mgmt	For	For
	Approve Audit Committe Report for Fiscal Year Dec. 31, 2006	Mgmt	For	For
	Approve Directors' Report Re: Share Repurchase Program, Cancellation of Shares, and Limit for Share Repurchase Reserve	Mgmt	For	For
	Elect Directors and Supervisory Board Members; Approve Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

3/27/2007	Coca-Cola FEMSA SAB de CV	MXP2861W1067			200	200
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year 2006	Mgmt	For	For
	Accept Report on Compliance with Tax Obligations Re: External Auditor	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 0.438 Per Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve at MXN 400 Million	Mgmt	For	For
	Elect Principal and Alternates Memebers to the Board of Directors and Board Secretary; Verify Director's Independency as Per New Mexican Securities Law; Approve Their Respective Remuneration	Mgmt	For	For
	Approve Inne Classn Plan of Financing and Planning Committee, Audit Committee, and Corporate Practices Committee; Elect Chairman of the Said Committees; and Fix Their Respective Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/28/2007	Controladora Comercial Mexicana SAB de CV	MXP200821413			3,700	3,700
AGM

	Only Class B Shareholders May Vote
	Approve Financial Statements and Statutory Reports for 2006, Approve Report on Share Repurchase and Reissuance of Shares, and Approve Discharge Directors	Mgmt	For	For
	Approve Allocation of Income and Dividends; Set Maximum Limit for Share Repurchase for Fiscal Year 2007	Mgmt	For	For
	Elect Members of Management Board, Supervisory Board, Executive Committee, and Audit & Corporate Practices Committee and Approve Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

3/28/2007	Mexichem SA de CV (frmely Grupo Industrial Camesa)	MX01ME050007			100	100
EGM

	Ratify Decisions Made by the Audit Committe and the Board of Directors in Regard to Various Acqusitions	Mgmt	For	For
	Approve Terms and Conditions in Regard to Financing of Operations	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

3/28/2007	Alfa SAB de CV	MXP000511016			5,400	5,400
AGM

	Only Class A Shareholders Who Are Mexican Nationals Can Vote at this Meeting
	Accept Financial Statements and Statutory Reports for Fiscal Year 2006	Mgmt	For	For
	Approve Allocation of Income and Dividends; Set Maximum Limit of Share Repurchase Reserve	Mgmt	For	For
	Elect Directors and Chairman of the Audit & Corporate Practices Committee; Determine Their Respective Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/28/2007	Desc, S.A. De C.V.	MXP300061415			1,580	1,580
AGM

	Only Holders of A and B Shares Are Entitled to Vote.
	Annual Meeting Agenda
	Present Board of Directors and Audit Committee's Report for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Discharge of Management and Board Committees	Mgmt	For	For
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Accept Report on Adherence to Fiscal Obligations	Mgmt	For	For
	Elect Members of Board of Directors, Committee of Directors, and Supervisory Board	Mgmt	For	For
	Approve Remuneration of Directors and Supervisory Board	Mgmt	For	For
	Present Report Re: Compliance with Article 60 (III) of Regulations Set Forth by National Banking and Securities Commission (CNBV)	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For
	Special Meeting Agenda
	Elect or Ratify Directors for DINE SAB de CV; Elect Board Committees and Their Respective Chaimen	Mgmt	For	For
	Approve Remuneration of Directors	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/28/2007	Vitro S.A. DE C.V.	MXP9802B1093			2,900	2,900
AGM

	Only Class A Sharesholders Who Are Mexican Nationals Can Vote; Ocrease a A Share Equivalent to One CPO
	Present Board of Directors and Board Committees' Reports for Fiscal Year 2006	Mgmt	For	For
	Accept Financial Statements and Statutory Reports for Fiscal Year 2006	Mgmt	For	For
	Accept Report on Adherence to Fiscal Obligations	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 0.37 Per Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Ratify or Elect Directors and Determine Their Remuneration	Mgmt	For	For
	Ratify or Elect Chairs of Audit Committee and Corporate Practices Committee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

3/29/2007	Fomento Economico Mexicano S.A. (Femsa)	MXP320321310			6,300	6,300
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year 2006	Mgmt	For	For
	Accept Report on Compliance with Tax Obligations Re: External Auditor	Mgmt	For	For
	Approve Allocation of Income and Final Dividends of MXN 0.22217 per Class B Shares and MXN 0.27771 per Class D Share, Bringing the Total Dividend to MXN 1.11085 Per Class B Share and MXN 1.33301 Per Class BD Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve at MXN 3 Billion	Mgmt	For	For
	Approve Increase in Share Capital Re: Exchange Existing Series B and D Shares, Currently under Class B and BD, for Three New Shares of Same Serie and Class	Mgmt	For	For
	Elect Board Members and Board Secretary, Elect Their Respective Alternates, and Approve Their Remuneration	Mgmt	For	For
	Approve Integration Process Re: Finance and Planning Committee, Audit Committee, and Corporate Practices Committee; Elect Their Respective Chairman; And Approve Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

3/30/2007	Grupo Financiero Banorte SA de CV	MXP370711014			16,400	16,400
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2006	Mgmt	For	For
	Accept Auditors' Report	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect Members, Verify Director's Independency as Per New Mexican Securities Law, and Approve Their Respective Remuneration	Mgmt	For	For
	Elect Members to Audit Committee and Corporate Practices, Elect Their Respective Chairman, and Approve Their Remuneration	Mgmt	For	For
	Present Report on Company's 2006 Share Repurchase Program; Set Maximum Nominal Amount of Share Repurchase Reserve for 2007	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt
	Approve Minutes of Meeting	Mgmt	For	For

4/16/2007	Grupo Iusacell Sa De Cv	MX01CE080006			725	725
AGM

	Ordinary Business
	Approve Directors and Supervisory Boards' Reports	Mgmt	For	For
	Accept Audit Committee Report	Mgmt	For	For
	Approve Financial Statements and Allocation of Income	Mgmt	For	For
	Elect Directors for Fiscal Year 2007	Mgmt	For	For
	Approve Remuneration of Directors	Mgmt	For	For
	Approve Resolutions Related to Increase in Variable Capital Approved by the February 6, 2007 EGM	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Business
	Receive Financial Statements as of Dec. 31, 2006, to Carry Out the Merger by Absorption Proposed in Item 3	Mgmt	For	For
	Approvmount of Shand/or Reduction of Variable and/or Fix Capital	Mgmt	For	For
	Approve Merger by Absorption of Unefon Holdings, S.A.	Mgmt	For	For
	Approve Changes in Capital as a Consequence of Merger, if Merger is Approved	Mgmt	For	For
	Amend Articles of Bylaws	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/17/2007	Grupo Imsa SAB de CV	MX01IM000008			600	600
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Accept Report on Fiscal Obligations	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect Board Members and Fix Their Remuneration; Verify Their Independecy in Accordance with New Law	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Present Report on Resolution Adopted at EGM Held on 10-31-06	Mgmt	For	For
	Amend Articles 19, 23, 31, 32, 34, 35, 39 BIS of Bylaws	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/18/2007	Mexichem SA de CV (frmely Grupo Industrial Camesa)	MX01ME050007			100	100
EGM

	Authorize Increase in Capital Via Cash Contribution; Issuance of Convertible Debt Securities and/or Through Both Instruments; Amend Article 6 of Bylaws	Mgmt	For	For
	Approve Cancellation, Issuance, and Swap/Exchange of Shares Representatives of the Company's Capital	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Accept Board of Directors, Audit Committee and Corporate Practice Committee Reports, and CEO's Report on Compliance of Fiscal Obligations for 2006 Fiscal Year	Mgmt	For	For
	Accept Financial Statements and Statutory Reports	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Discharge of Board of Directors	Mgmt	For	For
	Integration of Corporate Boadies and Secretary Office	Mgmt	For	For
	Elect Chairman of Both Audit Committee and Corporate Practice Committee	Mgmt	For	For
	Approve Remuneration of Directors and Board Secretary	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/19/2007	Grupo Bimbo SA de CV	MXP495211262			7,600	7,600
AGM

	Accept Individual and Consolidated Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2006	Mgmt	For	For
	Accept Report on Adherence to Fiscal Obligations	Mgmt	For	For
	Approve Allocation of Income for Fiscal Year Ended Dec. 31, 2006	Mgmt	For	For
	Approve Dividends of MXN 0.40 Per Share	Mgmt	For	For
	Approve Swap of Share Title Representative of the Company's Outstanding Capital	Mgmt	For	For
	Elect Directors; Fix their Remuneration	Mgmt	For	For
	Elect Chairs of Audit and Corporate Practices Committees	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/20/2007	Carso Global Telecom SA de CV	MXP740451010			11,900	11,900
AGM

	Only A1 Shareholders Who are Mexican National Can Vote at This Meeting
	Accept Board of Directors and Audit Committee Reports; Accept Compliance of Fiscal Obligations Report for 2006 Fiscal Year; Approve Discharge of Directors; Accept Individual and Consolidated Financial Statements and Statutory Reports	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Discharge of Management Board; Elect/Reelect Directors and Chair to Audit Committee and Fix Their Remuneration	Mgmt	For	For
	Elect Board Committees and Fix Their Remuneration	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve; Approve Share Repurchase Policy	Mgmt	For	For
	Designate Inspector of Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/23/2007	Consorcio Ara SAB de CV	MXP001161019			17,200	17,200
AGM

	Accept Individual and Consolidated Financial Statements, Statutory Reports, and Supervisory's Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Accept Report on Adherence to Fiscal Obligations	Mgmt	For	For
	Approve Allocation of Income and Payment of Dividend	Mgmt	For	For
	Elect Directors, Board Secretary and Alternate, and Supervisory Board; Approve Discharge and Remuneration of Directors, Board Secretary and Alternate, and Supervisory Board	Mgmt	For	For
	Elect or Ratify Chairman to Audit Committee	Mgmt	For	For
	Elect or Ratify Chairman to Corporate Practices Committee	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/23/2007	Grupo Modelo SAB de CV	MXP4833F1044			7,700	7,700
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Allocation of Income and Payment of Cash Dividends	Mgmt	For	For
	Approve Remuneration of Directors and Alternates, Board Secretary and Deputy Secretary	Mgmt	For	For
	Elect Principal and Alternate Members to the Board of Directors; Elect Board Secretary and Deputy Secretary	Mgmt	For	For
	Nominate/Ratify Members of the Executive Officer Board	Mgmt	For	For
	Elect Chairman of Both Audit Committee and Corporate Practices Committee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/25/2007	Grupo Cementos de Chihuahua SA de CV	MX01GC2M0006			800	800
AGM

	Accept Board of Directors and Board Committees' Reports; Accept Compliance of Fiscal Obligations Report for 2006 Fiscal Year; Accept Individual and Consolidated Financial Statements and Statutory Reports	Mgmt	For	For
	Approve Discharge of Management Board and Officers	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 0.46 per Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Elect Members to the Board of Directors; Fix Their Remuneration	Mgmt	For	For
	Elect or Ratify Chairman to Corporate Practices Committee	Mgmt	For	For
	Elect or Ratify Chairman to Audit Committee	Mgmt	For	For
	Set Indemnity Limits Against Negative Effects Due to Directors and Executive Actions, According to Article 33 of the Mexican Market Law	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/26/2007	CEMEX S.A.B. de C.V.	MXP225611567			46,718	46,718
AGM

	Each CPO is Composed of 2 Class A Shares and 1 Class B Shares; Only Mexican Nationals Who Own Class A Shares Are Entitled to Vote
	Accept Financial Statements and Statutory Reports for 2006 Fiscal Year	Mgmt	For	For
	Approve Allocation of Income; Set Aggregate Nominal Amount of Share Repurchase	Mgmt	For	For
	Authorize Increase in Variable Portion of Capital via Capitalization of Accumulated Profits Account	Mgmt	For	For
	Elect Board Members; Elect Members and Chairman of Both Audit and Corporate Practices Committee	Mgmt	For	For
	Approve Remuneration of Directors and Members of the Board Committees	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2007	Desarrolladora Homex SAB de CV	MX01HO000007			100	100
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect Members of the board of Directors and Board Secretary	Mgmt	For	For
	Elect Chairmen and Members of Audit and Corporate Practices Committees;Elect Executive Committee Members	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Amend Articles of Company's Bylaws	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2007	Sare Holding SAB de CV	MX01SA030007			400	400
AGM

	Accept Financial Statements and Statutory Reports	Mgmt	For	For
	Accept General Director's Report and Auditor's Opinion	Mgmt	For	For
	Accept Audit and Corporate Practices Committee's Report	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Elect/Ratify Members of Board of Directors, Including the Executive Chairman,Secretary and Alternate Secretary	Mgmt	For	For
	Elect Chairmen and Members of the Audit and Corporate Practices Committee	Mgmt	For	For
	Approve Remuneration of Directors and Alternates, Secretary, and Members of the Audit and Corporate Practices Commmittee	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2007	Grupo Financiero Inbursa S.A. De C.V.	MXP370641013			9,900	9,900
AGM

	Accept Financial Statements and Statutory Reports, Including report of Fiscal Obligations for Fiscal year Ended 12-31-06	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Dividends	Mgmt	For	For
	Elect/Ratify Directors, Board Secretary and Deputy Secretary	Mgmt	For	For
	Approve Remunaration of Directors, Board Secretary and Alternate Secretary	Mgmt	For	For
	Elect Members of Audit and Corporate Practices Committee	Mgmt	For	For
	Approve Remunaration of Audit and Corporate Practices Committee	Mgmt	For	For
	Present Report of Share Repurchase Program and Set Aggregate Nominal Amount to Repurchase Shares in 2007	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2007	Grupo Carso Sa De Cv	MXP461181085			11,000	11,000
AGM

	Only Series A Shareholders and Mexican Nationals Can Vote
	Accept Board of Directors and Board Committees' Reports; Accept Compliance of Fiscal Obligations Report for 2006 Fiscal Year; Accept Individual and Consolidated Financial Statements and Statutory Reports	Mgmt	For	For
	Approve Allocation of Income and Dividends of MXN 0.50 Per Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Approve Discharge of Management Board for Fiscal Year 2006	Mgmt	For	For
	Elect Directors and Supervisory Board Members; Elect Chairs to Audit and Corporate Practices Committees;Fix Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2007	Corporacion Interamericana de Entretenimiento SAB de CV	MXP201161017			3,200	3,200
AGM

	Accept CEO's Report and Statutory Reports	Mgmt	For	For
	Accept Board of Director's Report	Mgmt	For	For
	Accept Supervisory Board's Report	Mgmt	For	For
	Accept Financial Statements	Mgmt	For	For
	Accept Report on Compliance With Fiscal Obligations	Mgmt	For	For
	Elect Directors and Approve Their Remuneration	Mgmt	For	For
	Elect Chairmen to Audit & Corporate Practices Committee	Mgmt	For	For
	Accept Audit & Corporate Practices Committee Report	Mgmt	For	For
	Accept Report on Board's Activities	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2007	Alsea S.A. de C.V.	MXP001391012			1,200	1,200
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Dividends	Mgmt	For	For
	Accept Annual Report of Audit Committee, Planning and Financing Committee, Evaluation and Compensation Committee	Mgmt	For	For
	Elect Directors, Executives, Supervisory Board Members and Members of Mid-Level Positions of the Company	Mgmt	For	For
	Approve Remuneration of Directors, Supervisory Board Members and Members of Mid-Level Positions of the Company	Mgmt	For	For
	Presentation Re:Share Repurchase Program and Future Reissurance	Mgmt	For	For
	Ratify Approved Resolutions by the Board of Directors Regarding Terms and Conditons of the Stock Option Plan for Fiscal Year2006	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/26/2007	Grupo Financiero Inbursa S.A. De C.V.	MXP370641013			9,900	9,900
EGM

	Amend Article 2 of Bylaws	Mgmt	For	For
	Amend Sole Responsibility Agreement	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2007	Gruma SAB de CV (Grupo Maseca)	MXP4948K1056			800	0
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2006	Mgmt	For
	Present Supervisory Board Report for the Period Ended Nov. 30, 2006	Mgmt	For
	Present Financial Statements and Statutory Reports and Supervisory Board Reports for Fiscal Year Ended Dec. 31, 2006	Mgmt	For
	Accept Report on Adherence to Fiscal Obligations	Mgmt	For
	Approve Allocation of Income and Dividends	Mgmt	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For
	Elect Management Board and Supervisory Board, and Their Alternates; Fix Their Remuneration	Mgmt	For
	Elect Chairs to Audit and Corporate Practices Committees	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For
	Approve Minutes of Meeting	Mgmt	For

4/27/2007	Grupo Aeroportuario del Sureste SAB de CV	MXP001661018			700	700
AGM

	Ordinary Meeting
	Present CEO and Auditors' Report on Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Present Board's Report on Accounting Criteria Policy and Disclosure Policy in Accordance with Article 172-B of Company Law	Mgmt	For	For
	Present Report Re: Activities and Operations Undertaken by the Board in Accordance with Article 28 IV (E) of Company Law	Mgmt	For	For
	Accept Individual and Consolidated Financial Statements and Statutory Reports	Mgmt	For	For
	Present Audit Committee's Report Regarding Company's Subsidiaries in Accordance with Article 43 of Company Law	Mgmt	For	For
	Present Report on Tax Obligations in Accordance with Article 86 of Tax Law	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Approve Increase in Capital Reserves	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve for 2007; Approve Policy Related to Acquisition of Own Shares	Mgmt	For	For
	Approve Ordinary Dividends to Series B and BB Shares	Mgmt	For	For
	Approve Discharge of Management and CEO	Mgmt	For	For
	Appoint or Ratify Members to the Board of Directors; Verify Independecy of Board Members	Mgmt	For	For
	Ratify/Elect Chairman of Audit Committee	Mgmt	For	For
	Elect/Ratify Members to the Different Board Committees; Approve Their Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Meeting
	Amend Bylaws	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2007	Empresas Ica S. A.	MXP371491046			3,583	3,583
AGM

	Present Report on Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Accept Report on Adherence to Fiscal Obligations	Mgmt	For	For
	Accept Audit Committee's Report	Mgmt	For	For
	Accept Corporate Governance Committee Report	Mgmt	For	For
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Allocation of Income and Dividends	Mgmt	For	For
	Elect/Reelect Directors	Mgmt	For	For
	Approve Remuneration of Directors and Supervisory Board Members	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2007	Grupo Televisa, S.A.	MXP4987V1378			13,400	0
EGM

	Only Holders of Series A and B Can Vote; Holders of Series A Shares Must be Mexicans
	Deliberate on Cancellation Company Shares and Subsequent Reduction in Capital; Amend Article 6 Accordingly	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For

4/27/2007	Grupo Televisa, S.A.	MXP4987V1378			13,400	13,400
EGM

	Only Class L Shares Are Entitled to Vote at this Meeting
	Elect Class L Shares Representatives to the Board of Directors in Accordance with Articles 26 and 27 of Bylaws	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Meeting for Class D Shares
	Elect Representatives of Class D Shares to the Board of Directors	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2007	Grupo Televisa, S.A.	MXP4987V1378			13,400	0
AGM

	Only Holders of Series A and B Can Vote; Holders of Series A Shares Must be Mexicans
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For
	Present Fiscal Obligations Report	Mgmt	For
	Approve Allocation of Income	Mgmt	For
	Set Aggregate Nominal Amount for Share Repurchase; Present Report on Share Repurchase Program	Mgmt	For
	Elect/Ratify Members of the Board of Directors, Board Secretary and Deputy Secretary, and Executives Members	Mgmt	For
	Elect/Ratify Members to the Executive Committee	Mgmt	For
	Elect Chairman for Both the Audit Committee and Corporate Practices Committee	Mgmt	For
	Approve Remuneration of Board Members, Executive Committee Members, Audit Committee, Corporate Practices Committee, and Board Secretary and Deputy Secretary	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For

4/27/2007	Promotora Ambiental SAB de CV	MX01PA0B0006			100	100
AGM

	Accept Statutory Reports	Mgmt	For	For
	Accept Supervisory Board's Report	Mgmt	For	For
	Approve Financial Statements; Allocation of Income	Mgmt	For	For
	Elect Directors and Committee Members; Fix Their Remuneration	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve; Receive Report on Transactions with Company Shares	Mgmt	For	For
	Accept Report on Company's Compliance with Fiscal Obligations	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2007	Corporacion Geo SAB de CV	MXP3142C1177			1,700	1,700
AGM

	Present Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Accept Financial Statements	Mgmt	For	For
	Approve Discharge of Board of Directors	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect/Ratify Board Members and Secretary of the Board	Mgmt	For	For
	Elect Chairmen of Audit Committee and Corporate Practices Committee	Mgmt	For	For
	Approve Remuneration of Directors, Members of the Board Committees, and Secretaries of the Board	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/27/2007	Telefonos de Mexico SA de CV	MXP904131085			102,400	23,800
AGM

	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Allocation of Income and Total Dividends of MXN 0.45 Per Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve at MXN 15 Billion	Mgmt	For	For
	Approve Discharge of Board of Directors and CEO	Mgmt	For	For
	Elect/Ratify Board Members, Members of the Executive Committee; Elect Chairmen of Audit and Corporate Practices Committees; Verify Independency of Directors; Approve Their Respective Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Allocation of Income and Total Dividends of MXN 0.45 Per Share	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve at MXN 15 Billion	Mgmt	For	For
	Approve Discharge of Board of Directors and CEO	Mgmt	For	For
	Elect/Ratify Board Members, Members of the Executive Committee; Elect Chairmen of Audit and Corporate Practices Committees; Verify Independency of Directors; Approve Their Respective Remuneration	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2007	America Movil SA de CV	MXP001691213			50,891	50,891
EGM

	Only L Shares are Entitled to Vote at this Meeting
	Elect Representatives of Class L Shares to the Board of Directors	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2007	America Movil SA de CV	MXP001691015			35,600	35,600
AGM

	Only Class A and AA Shares Are Entitled to Vote at This Meeting
	Accept CEO's and Auditor's Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Accept Report of Practices and Accounting Policies	Mgmt	For	For
	Report on Board's Actions in Accordance with Article 28 IV of Mexican Law	Mgmt	For	For
	Accept Audit Committee Report	Mgmt	For	For
	Accept Financial Statements and Statutory Reports for Fiscal Year Ended 12-31-06; Approve Allocation of Inceme and Distribution of Dividends	Mgmt	For	For
	Accept Report of Fiscal Obligations	Mgmt	For	For
	Approve Discharge of Board of Directors and CEO; Elect/Ratify Board Members, Board Secretary and Deputy Secretary, Chairman of Audit Committee; Fix Their Respective Remuneration	Mgmt	For	For
	Approve Discharge of Executive Committee, Audit Committee, and Remuneration Committee; Elect/Ratify Their Respective Members and Their Remuneration	Mgmt	For	For
	Present Report on Company's Share Repurchase Policy; Set Aggregate Nominal Amount of Share Repurchase for 2007	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/27/2007	Telefonos de Mexico SA de CV	MXP904131325			78,600	78,600
EGM

	Meeting for Series L Shares
	Elect Series L Representatives to the Board	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/30/2007	Grupo Mexico SA de CV (fm. Nueva Gr. Mexico SACV)	MXP370841019			1,200	1,200
AGM

	Present CEO's Report	Mgmt	For	For
	Accept Statutory Reports for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Accept Individual and Consolidated Financial Statements for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Accept Report on Company's Fiscal Obligations	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Present Report on Share Repurchase Program for 2005 and 2006 Fiscal Years; Set Aggregate Nominal Amount of Share Repurchase for 2007	Mgmt	For	For
	Approve Discharge of Board of Directors, CEO, and Committee Members	Mgmt	For	For
	Elect/Reelect Board Members, Members of the Committees and Their Respective Chairman; Verify Independency of Board Members	Mgmt	For	For
	Approve Remuneration of Directors and Committee Members	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/30/2007	Urbi Desarrollos Urbanos, SA de CV	MX01UR000007			1,500	1,500
AGM

	Accept Financial Statements and Statutory Reports	Mgmt	For	For
	Approve Allocation of Income	Mgmt	For	For
	Elect Directors and Approve Their Remuneration	Mgmt	For	For
	Elect or Ratify Chairs to Audit and Corporate Practices Committees	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/30/2007	US Commercial Corp.,SA de CV	MX01US000006			3,300	3,300
AGM

	Accept Financial Statements and Statutory Reports for the Period Ending Dec. 31, 2006	Mgmt	For	For
	Approve Discharge of Management Board for Fiscal Year 2006, Elect Directors, Approve External Auditor, Fix their Remuneration	Mgmt	For	For
	Elect Members to Board Committees, Fix their Remuneration	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase Reserve; Approve Policy on Share Repurchase Program	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

4/30/2007	Tv Azteca Sa De Cv	MXP740471117			13,900	13,900
EGM

	Only Holders of CPOs Who Are Mexican Nationals May Vote
	Open Meeting/Verify Quorum	Mgmt	For	For
	Amend Trust Agreement 987-8	Mgmt	For	For
	Amend Registrar Book of Non-Amortizable CPOs	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Approve Minutes of Meeting	Mgmt	For	For

4/30/2007	Tv Azteca Sa De Cv	MXP740471117			13,900	13,900
AGM

	Only A Shares Have Voting Rights; Only Holders of CPOs Who Are Mexican Nationals May Vote
	Ordinary Business
	Accept Board's Report, Audit Committee Report, CEO's Report for Fiscal Year Ended 12-31-06	Mgmt	For	For
	Accept Supervisory Board Report of Board of Directors' Actions Taken in Fiscal Year Ended 12-31-06	Mgmt	For	For
	Approve Financial Statements and Allocation of Income	Mgmt	For	For
	Report of Cash Reimbursement Resolution Approved at the EGM Held on 12-07-06; Approve Dividends of MXN 0.004055 Per Serie D-A and Series D-L Shares	Mgmt	For	For
	Set Aggregate Nominal Amount of Share Repurchase	Mgmt	For	For
	Elect/Ratify Members to the Board of Directors; Elect/Ratify Chairman of Audit Committee, Board Secretary and Supervisory Board; Fix Their Respective Remuneration	Mgmt	For	For
	Accept Report on Fiscal Obligations	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For
	Special Business
	Amend Trust Agreement 987-8 Related to the Non-Amortizable CPOs Issued by the Company; Amend Article 7 of Bylaws Accordingly	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

6/15/2007	Grupo Imsa SAB de CV	MX01IM000008			600	600
EGM

	Approve Resolution Re: Financing Plan up to the Amount of USD 1.64 Billion Obtained from Different Debt Instruments to be Explained in the Subsequent Agenda Items	Mgmt	For	For
	Authorize Issuance of Convertible Bonds up to Aggregate Nominal Amount of USD 525 Million	Mgmt	For	For
	Approve Signing of Credit Agreements and Other Financing Debt Instruments up to USD 669 Million; Approve Terms and Conditions	Mgmt	For	For
	Approve Signing of Credit Agreements and Other Financing Debt Instruments up to USD 450 Million; Approve Terms and Conditions	Mgmt	For	For
	Authorize Allocation of Treasury Shares to Service Conversion of Bonds and/or Capitalization Proposed under Items 3 and 4	Mgmt	For	For
	Accept Balance Sheet as of Mar. 31, 2007 Re: Financing Plan	Mgmt	For	For
	Approve Reduction in Share Capital of 256.88 Million Shares	Mgmt	For	For
	Approve Pro-Forma Financial Statements Re: Capital Reduction	Mgmt	For	For
	Approve Delisting of Shares from National Securities Registry and Mexican Stock Exchange	Mgmt	For	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For	For

6/29/2007	Grupo Televisa, S.A.	MXP4987V1378			13,400	0
EGM

	Only Holders of Series A and B and D Can Vote; Holders of Series A Shares Must be Mexicans
	Approve Financial Statements for the Period Ended March 31, 2007 to be the Basis of the Proposed Merger	Mgmt	For
	Approve Merger Agreement with Campus America S.A. de C.V and Linking Media S.A. de C.V.; Approve Resolutions Corresponding to the Merger	Mgmt	For
	Designate Inspector or Shareholder Representative(s) of Minutes of Meeting	Mgmt	For

1/26/2007	Siderurgica Vanezolana "Sivensa" S.A.	825865603			843	0
AGM

	Consider and Resolve on the Report and Accounts to be Presented by the Board of Directors	Mgmt
	Consider and Resolve on the modification of Paragraph 3 of Article 19 of the Charter	Mgmt
	Consider and Resolve on the Decree of Dividends Against the Profits of the Fiscal Year Ended 9-30-06	Mgmt
	Consider and Resolve the Designation of the Principal and Alternate Members of the Board of Directors	Mgmt
	Consider and Resolve on the Designation of the Principal Examiners and their Alternates	Mgmt
	Consider and Resolve on the Designation of the Judicial Representative and it’s Alternate	Mgmt
	Presentation of the Annual Report	Mgmt

1/26/2007	Siderurgica Vanezolana "Sivensa" S.A.	825865702			75	0
AGM

	Consider and Resolve on the Report and Accounts to be Presented by the Board of Directors	Mgmt
	Consider and Resolve on the modification of Paragraph 3 of Article 19 of the Charter	Mgmt
	Consider and Resolve on the Decree of Dividends Against the Profits of the Fiscal Year Ended 9-30-06	Mgmt
	Consider and Resolve the Designation of the Principal and Alternate Members of the Board of Directors	Mgmt
	Consider and Resolve on the Designation of the Principal Examiners and their Alternates	Mgmt
	Consider and Resolve on the Designation of the Judicial Representative and it’s Alternate	Mgmt
	Presentation of the Annual Report	Mgmt

7/21/2006	Garmin, LTD	G37260109			5,500	5,500
EGM

	Approval of Proposal to Effetst a Two-for- One Stock Split of the Company's Common Shares	Mgmt	for	for

8/25/2006	Caribbean Utilities Company, LTD	G1899E146			12,000	12,000
EGM

	Vote for Election of Directors of the Company	Mgmt	for	for
	Reapointment of Practicewatrhousecoopers as Auditors of the Company	Mgmt	for	for
	Approve Amendment of the Stock Option Plan	Mgmt	for	for

8/31/2006	Cemex, S.A.B. de C.v	151290889			4,000	4,000
EGM

	Presentationn, Discussion and Approval of the Project THAT	Mgmt	for	for

10/24/2006	Doral Financial Corporation	25811P100			8,000	8,000
AGM

	Vote for Election of Directors
	Appiontment of Pricewaterhousecoopers LLP	Mgmt	for	for

12/5/2006	Grupo Casa Saba, S.A de C.V.	40048P104			5,900	5,900
EGM

	Presentation, and in its Case Appproval to Amend Completely the Corporation By-Laws of the Company	Mgmt		for
	Designation of Delegates Who Will Formilize the Resolutions Taken at the Meeting	Mgmt		for
	Appointment or Ratification, as the Case May Be, of the Members of the Board of Directors	Mgmt		for
	Appointment or Ratification, as the Case May Be, of the Members of the Audit Committee	Mgmt		for
	Appointment of the Members of the corporate Governance Committee	Mgmt		for
	Appointment or Ratification, as the Case May Be, of the Chief Executive Officer of the Company	Mgmt		for
	Designation of Delegates Who Will Formilize the Resolutions Taken at the Meeting	Mgmt		for

15/5/2006	Coca-Cola Femsa, S.A de C.V.	191241108			4,800	4,800
AGM

	Amend thr By-Laws of the Company to Include the Formation of Committees	Mgmt		for
	Appointment of Delegates to Execute and Formalize the Resolutions Adopted During the Meeting	Mgmt		for
	Minutes of the Shareholder's Meetiong	Mgmt		for
	Election and/or Ratification of Members of the Board of Directors and Secretary and their Alternates	Mgmt		for
	Proposal to Form Committees of the Board of Directors	Mgmt		for
	Appointment of Delegates to Execute and Formalize the Resolutions Adopted During the Meeting	Mgmt		for
	Minutes of the Shareholder's Meetiong	Mgmt		for

12/7/2006	Cemex,S.A.B de C.V.	151290889			4,000	4,000
AGM

	Consideration and, if Applicable, Authorization of a Transaction	Mgmt	for	for

3/27/2007	Coca-Cola Femsa, S.A de C.V.	191241108			4,500	4,500
EGM

	Election of the Members of the Board of Directors	Mgmt	for	for

4/16/2007	Carnival Corpporation	143658300			10,500	10,500
AGM

	Vote for Election of Directors	Mgmt		For
	To Re-Appoint Pricewaterhousecoopers LLP as Independent Auditors	Mgmt	For	For
	To Authorize the Audit Committee of Carnival PLC to Agree to the Remuneration of the Independent Auditors	Mgmt	For	For
	Receive the Accounts and Reports for Carnival PLC for the Financial Year Ended 11-30-06	Mgmt	For	For
	Approve the Directors Remuneration Report of Carnival PLC	Mgmt	For	For
	Approve Limits on the Authority to Allot Shares by Carnival PLC	Mgmt	For	For
	Approve the Disapplication of Pre-Emption rights for Carnival	Mgmt	For	For
	Approve a General Authority for Carnival to Buy Back Carnival PLC Ordinary Shares in the Open Market	Mgmt	For	For
	Approve Electronic Communication With Carnival PLC Shareholders	Mgmt	For	For

4/18/2007	Banco Latinoamericano de Exportaciones, S.A.	P16994132			19,720	19,720
AGM

	Vote for the Election of Directors	Mgmt		for
	Approve the Banks Audited Financial Statements for the Fiscal Year Ended 12-31-06	Mgmt	for	for
	Appointe Deloitte as the Banks New independent Auditors for the Fiscal Year Ending 12-31-07	Mgmt	for	for

4/23/2007	Seaboard Corporation	811543107			700	700
AGM

	Vote for Election of Directors	Mgmt		for
	Proposal to Ratify the Appointment of KPMG LLP as Independent Auditors of the Company	Mgmt	for	for

4/26/207	Grupo Casa Saba, S.A de C.V.	40048P104			5,900	5,900
AGM

	Presentation, and in its Case Approval of the Report Submitted by the Board of Directors	Mgmt		for
	Approval of Allocation of Profits Which Shall Include the Approval And Payment of Dividend to the Shareholders	Mgmt		for
	Presentation, and in its Case Approval of the Report Submitted by the Chief Executive Officer of the Company	Mgmt		for
	Presentation, and in its Case Approval of the Oppinion Submitted by the Board of Directors	Mgmt		for
	Presentation, and in its Case Approval of the Audit Committee's Annual Report and Executive Committee's Annual Report	Mgmt		for
	Proposal to Appoint, and I its case, Ratification of the Members of the Board of Directors	Mgmt		for
	Proposal to Appoint, and I its case, Ratification of the Members of the Audit Committee	Mgmt		for
	Proposal to Appoint, and I its case, Ratification of the Members of the Executive Committee	Mgmt		for
	Appointment or Ratification, As the Case May Be, of the Chief Executive Officer of the Company	Mgmt		for
	Remuneration for the Members of the Board of Directors	Mgmt		for
	Designation of Delegates who Will Formalize the Resolutions Taken at This Meeting	Mgmt		for

4/26/2007	Cemex, S.A.B de C.V	151290889			4,000	4,000
AGM

	Representation of the Report By the Chief Executive Officer	Mgmt	For	For
	Proposal for the Allocation of Profits and the Maximum Amount of Funds to be Used for the Purchase of Company Shares	Mgmt	For	For
	Proposal to Increase the Capital Stock of the Company	Mgmt	For	For
	Appointment of Directors, and Members and President of the Audit	Mgmt	For	For
	Compensation of Directors and Members of the Audit and Corporate Practices Committee	Mgmt	For	For
	Appointment of Delegates to Formalize the Resolutions Adopted at the Meeting	Mgmt	For	For

4/27/2007	America Movil S.A.B de CV	12364W105			2,000	0
EMG

	Appointment or as the Case May be, Reelection of the Members of the Board of Directors	Mgmt
	Appointment of Delegates to Execute and if Applicable Formalize the Resolutions Adopted by the Meeting	Mgmt

5/11/2007	Consolidated Water Co.	G23773107			42,241	42,241
AGM

	Vote for Election of Directors	Mgmt		For
	Vote in Favor of the Issuance of the Company's Ordinary Shares to David W Sasnett	Mgmt	For	For
	Vote in Favor of the Ammendment to the Companys Amended and Restated Articles of Association	Mgmt	For	For
	To Ratify the Selection of Rachilin Cohen & Holtz LLP as the Independent Accountant	Mgmt	For	For
	To Transact Such Other Business as May Properly Come Before the Meeting	Mgmt	For	For

5/24/2007	Atlantic Tele-Network, Inc	49079205			10,950	10,950
AGM

	Vote for Election of Dorectors	Mgmt		For
	Approval of Amendments to 1998 Stock Option PlanS	Mgmt	For	For

5/24/2007	Mastec, Inc	576323109			20,950	0
AGM

	Vote for Election of Dorectors	Mgmt		For

5/31/2007	Florida East Coast Industries, Inc	340632108			41,500	41,500
AGM

	Vote for Election of Directors	Mgmt		For
	The Ratification of KPMG LLP as the Independent Registered Public Accounting Firm	Mgmt	For	For

5/31/2007	Royal Caribbean Cruises LTD	V7780T103			13,500	0
AGM

	Vote for Election of Dierctors	Mgmt		For
	Ratification of Appointment of Pricewaterhousecoopers LLP as the Company's Independent Registered Certified Public Accountant	Mgmt	For	For

6/13/2007	Trailer Bridge, Inc	892782103			42,699	42,699
AGM

	Vote for Election of Directors	Mgmt		For
	Approve the Amendment to the Company's Stock Incentive Plan	Mgmt	For	For

6/20/2007	Orthofix International N.V.	N6748L102			9,660	9,660
AGM

	Vote for Election of Directors	Mgmt		For
	Proposal to Approve Amendment and Restatement of the Amend and Restated 2004 Long-Term Incentive Plan	Mgmt	For	For
	Proposal to Approve Amendments to Section 8.3 of the Articles of Association	Mgmt	For	For
	Proposal to Approve Amendments to Article 14 of the Articles of Association	Mgmt	For	For
	Proposal to Approve the Balance Sheet and Income Statement at and for the Year Ended 12-31-06	Mgmt	For	For
	Proposal to Ratify the Selection of Ernst & Young as the Independent Registered Public Accountant	Mgmt	For	For

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 Herzfeld Caribbean Basin Fund, Inc.

By (Signature and Title)* /s/ Thomas J. Herzfeld - President & Chairman

Date August 27, 2007

* Print the name and title of each signing officer under his or her signature.