B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund

B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund as of June 30, 2012

Portfolio Holdings for B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund

B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund holds 159 positions in its portfolio as reported in the June 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares MSCI Brazil Index (EWZ) 3.9 $33M 93k 359.64
Apple (AAPL) 3.7 $32M 70k 448.95
Xcel Energy (XEL) 3.1 $26M 948k 27.48
iShares MSCI Emerging Markets Indx (EEM) 3.0 $26M 485k 52.96
Spectra Energy 2.9 $25M 2.1M 11.92
Exxon Mobil Corporation (XOM) 2.8 $24M 51k 465.59
Coca-Cola Company (KO) 2.2 $19M 44k 431.65
Microsoft Corporation (MSFT) 1.9 $16M 126k 127.54
Nextera Energy (NEE) 1.9 $16M 904k 17.76
NiSource (NI) 1.8 $16M 318k 48.72
Chunghwa Telecom Co Ltd - (CHT) 1.7 $15M 3.6M 4.11
Williams Companies (WMB) 1.5 $13M 221k 57.80
International Business Machines (IBM) 1.4 $12M 80k 153.97
Wells Fargo & Company (WFC) 1.4 $12M 54k 218.11
General Electric Company 1.4 $12M 18k 647.67
At&t (T) 1.3 $11M 77k 145.73
Southern Company (SO) 1.3 $11M 492k 22.48
Pfizer (PFE) 1.3 $11M 39k 280.47
Philip Morris International (PM) 1.2 $11M 38k 273.76
Exelon Corporation (EXC) 1.2 $11M 143k 73.67
Oracle Corporation (ORCL) 1.2 $11M 55k 191.97
Alliant Energy Corporation (LNT) 1.2 $10M 214k 48.27
JPMorgan Chase & Co. (JPM) 1.2 $10M 15k 665.19
American Electric Power Company (AEP) 1.2 $10M 183k 54.66
Philippine Long Distance Telephone 1.1 $9.4M 182k 51.91
Wal-Mart Stores (WMT) 1.1 $9.4M 32k 296.68
Intel Corporation (INTC) 1.0 $8.9M 96k 91.94
Chevron Corporation (CVX) 0.9 $8.1M 60k 135.54
Google 0.9 $8.0M 13k 626.74
Merck & Co (MRK) 0.9 $7.5M 95k 79.04
iShares MSCI Hong Kong Index Fund (EWH) 0.9 $7.4M 622k 11.92
Abbott Laboratories (ABT) 0.8 $7.1M 63k 113.09
Walt Disney Company (DIS) 0.8 $6.7M 33k 201.29
Johnson & Johnson (JNJ) 0.8 $6.5M 72k 90.70
Citigroup (C) 0.8 $6.6M 52k 126.04
Comcast Corporation (CMCSA) 0.8 $6.5M 54k 120.49
Home Depot (HD) 0.8 $6.5M 29k 222.59
Bristol Myers Squibb (BMY) 0.8 $6.4M 33k 196.57
Cisco Systems (CSCO) 0.8 $6.4M 242k 26.51
Qualcomm (QCOM) 0.8 $6.4M 108k 58.97
Boeing Company (BA) 0.7 $6.2M 21k 295.64
Schlumberger (SLB) 0.7 $6.2M 149k 41.45
iShares iBoxx $ High Yid Corp Bond (HYG) 0.7 $6.0M 2.0M 3.00
American Express Company (AXP) 0.7 $5.9M 139k 42.67
Procter & Gamble Company (PG) 0.7 $6.0M 108k 55.48
Berkshire Hathaway (BRK.B) 0.7 $5.8M 57k 103.23
CVS Caremark Corporation (CVS) 0.7 $5.5M 526k 10.46
PT Telekomunikasi Indonesia (TLK) 0.7 $5.5M 356k 15.54
Occidental Petroleum Corporation (OXY) 0.6 $5.4M 353k 15.30
Verizon Communications (VZ) 0.6 $4.9M 84k 58.68
Monsanto Company 0.6 $4.8M 37k 130.52
United Parcel Service (UPS) 0.6 $4.7M 129k 36.66
Visa (V) 0.6 $4.7M 45k 105.60
Colgate-Palmolive Company (CL) 0.5 $4.6M 65k 69.96
EMC Corporation 0.5 $4.5M 169k 26.62
American International (AIG) 0.5 $4.5M 60k 74.34
Time Warner Cable 0.5 $4.2M 58k 73.00
Eli Lilly & Co. (LLY) 0.5 $4.1M 70k 58.09
Target Corporation (TGT) 0.5 $4.1M 180k 22.68
Goldman Sachs (GS) 0.5 $4.0M 122k 32.51
Costco Wholesale Corporation (COST) 0.5 $4.0M 97k 41.01
Anadarko Petroleum Corporation 0.5 $4.0M 39k 100.96
Pepsi (PEP) 0.5 $4.0M 22k 187.34
Danaher Corporation (DHR) 0.5 $4.0M 70k 57.05
Express Scripts Holding 0.5 $4.0M 25k 161.81
Honeywell International (HON) 0.5 $3.9M 102k 38.12
Ford Motor Company (F) 0.5 $3.9M 43k 91.14
Starbucks Corporation (SBUX) 0.5 $3.9M 41k 95.61
Allergan 0.5 $3.9M 70k 55.37
W.W. Grainger (GWW) 0.4 $3.8M 41k 90.81
United Technologies Corporation 0.4 $3.7M 134k 27.52
Yum! Brands (YUM) 0.4 $3.7M 22k 166.56
Lowe's Companies (LOW) 0.4 $3.7M 163k 22.54
Macquarie Infrastructure Company 0.4 $3.6M 1.9M 1.88
U.S. Bancorp (USB) 0.4 $3.5M 27k 128.88
Apache Corporation 0.4 $3.5M 203k 17.08
EOG Resources (EOG) 0.4 $3.4M 277k 12.13
Dollar General (DG) 0.4 $3.4M 52k 64.87
Freeport-McMoRan Copper & Gold (FCX) 0.4 $3.3M 14k 240.53
Broadcom Corporation 0.4 $3.3M 129k 25.33
PNC Financial Services (PNC) 0.4 $3.1M 36k 86.38
CBS Corporation 0.4 $3.1M 5.7k 545.52
Mosaic (MOS) 0.4 $3.0M 31k 99.44
Beam 0.4 $3.1M 13k 243.45
FedEx Corporation (FDX) 0.3 $3.0M 17k 180.11
Baxter International (BAX) 0.3 $3.0M 44k 68.38
Travelers Companies (TRV) 0.3 $3.0M 180k 16.43
Precision Castparts 0.3 $2.9M 42k 69.93
National-Oilwell Var 0.3 $2.8M 47k 58.46
Bed Bath & Beyond 0.3 $2.7M 31k 86.85
Raytheon Company 0.3 $2.7M 138k 19.58
C.H. Robinson Worldwide (CHRW) 0.3 $2.7M 179k 15.29
Mead Johnson Nutrition 0.3 $2.7M 66k 41.03
MetLife (MET) 0.3 $2.7M 88k 31.23
State Street Corporation (STT) 0.3 $2.7M 73k 36.43
Morgan Stanley (MS) 0.3 $2.6M 138k 19.02
Prudential Financial (PRU) 0.3 $2.6M 57k 45.40
MasterCard Incorporated (MA) 0.3 $2.5M 11k 225.45
Adobe Systems Incorporated (ADBE) 0.3 $2.6M 42k 62.03
Marriott International (MAR) 0.3 $2.6M 45k 57.24
Citrix Systems 0.3 $2.5M 282k 8.77
DaVita (DVA) 0.3 $2.5M 49k 50.93
Discovery Communications 0.3 $2.4M 55k 43.74
Motorola Solutions (MSI) 0.3 $2.5M 158k 15.83
Becton, Dickinson and (BDX) 0.3 $2.3M 111k 21.02
D.R. Horton (DHI) 0.3 $2.4M 77k 30.75
Bunge 0.3 $2.3M 54k 43.26
Newell Rubbermaid (NWL) 0.3 $2.3M 25k 89.96
Invesco (IVZ) 0.3 $2.3M 126k 18.06
St. Jude Medical 0.3 $2.3M 46k 48.81
VMware 0.3 $2.3M 101k 22.77
Progressive Corporation (PGR) 0.3 $2.2M 114k 19.61
Coach 0.3 $2.2M 354k 6.25
Calpine Corporation 0.3 $2.2M 120k 18.14
Humana (HUM) 0.3 $2.2M 33k 68.56
Chipotle Mexican Grill (CMG) 0.3 $2.2M 5.8k 370.51
MGM Resorts International. (MGM) 0.3 $2.2M 20k 110.45
Noble Energy 0.2 $2.2M 86k 25.20
Tiffany & Co. 0.2 $2.2M 25k 84.92
ConocoPhillips (COP) 0.2 $2.2M 51k 41.97
CF Industries Holdings (CF) 0.2 $2.1M 95k 22.31
Nucor Corporation (NUE) 0.2 $2.1M 58k 35.21
Dow Chemical Company 0.2 $2.0M 33k 60.56
Capital One Financial (COF) 0.2 $2.0M 63k 32.10
Wynn Resorts (WYNN) 0.2 $2.0M 88k 23.40
Charles Schwab Corporation (SCHW) 0.2 $1.9M 35k 55.54
Stanley Black & Decker (SWK) 0.2 $2.0M 50k 39.28
Johnson Controls 0.2 $2.0M 95k 20.93
Darden Restaurants (DRI) 0.2 $1.9M 24k 81.48
Boston Scientific Corporation (BSX) 0.2 $1.9M 47k 40.41
Marvell Technology Group 0.2 $1.9M 18k 106.81
Hollyfrontier Corp 0.2 $1.9M 70k 26.94
McDonald's Corporation (MCD) 0.2 $1.8M 38k 47.62
Best Buy (BBY) 0.2 $1.8M 57k 31.06
Safeway 0.2 $1.8M 57k 31.49
Energizer Holdings 0.2 $1.7M 89k 19.67
Fluor Corporation (FLR) 0.2 $1.8M 18k 100.46
Dover Corporation (DOV) 0.2 $1.8M 64k 28.01
Rockwell Automation (ROK) 0.2 $1.8M 48k 37.27
Ralph Lauren Corp (RL) 0.2 $1.8M 33k 53.38
Huntington Bancshares Incorporated (HBAN) 0.2 $1.7M 332k 5.19
J.B. Hunt Transport Services (JBHT) 0.2 $1.7M 269k 6.23
Paychex (PAYX) 0.2 $1.7M 57k 30.10
Cameron International Corporation 0.2 $1.7M 97k 17.48
3M Company (MMM) 0.2 $1.6M 98k 16.15
Manpower (MAN) 0.2 $1.6M 23k 71.06
Taiwan Fund (TWN) 0.2 $1.6M 242k 6.52
Lincoln National Corporation (LNC) 0.2 $1.5M 60k 25.55
Caterpillar (CAT) 0.2 $1.4M 30k 47.99
Nabors Industries 0.2 $1.4M 20k 72.26
Bank of America Corporation (BAC) 0.2 $1.4M 239k 5.77
Comerica Incorporated (CMA) 0.2 $1.4M 40k 34.76
Newfield Exploration 0.2 $1.4M 126k 11.00
BorgWarner (BWA) 0.2 $1.4M 333k 4.14
Chubb Corporation 0.1 $1.1M 374k 2.95
FirstEnergy (FE) 0.1 $1.1M 84k 12.92
eBay (EBAY) 0.1 $988k 175k 5.64
General Dynamics Corporation (GD) 0.1 $901k 559k 1.61
Ocean Power Technologies 0.0 $373k 333k 1.12