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February 12, 2005
Disney Shareholder Voting Results
Shareholders of The Walt Disney Company today displayed strong support for the Company's Board of Directors at the Company's 2005 Annual Meeting of Shareholders, voting at least 92 percent in favor of each member of Disney's Board of Directors. Shareholders voted as recommended by the Board of Directors on four of five proposals presented, including election of 12 existing directors to new one-year terms, ratification of PricewaterhouseCoopers LLP as the company's independent accountants for the current fiscal year, and approval of the 2005 Stock Incentive Plan. Shareholders rejected a shareholder proposal regarding China labor standards, and approved a non-binding shareholder resolution to bar payment of greenmail.
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Posted By: Ray @ 2:37 AM | 
