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 March 31, 2013

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 176 positions in its portfolio as reported in the March 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Nextera Energy (NEE) 3.0 $29M 367k 77.68
Xcel Energy (XEL) 2.9 $27M 915k 29.70
Spectra Energy 2.8 $26M 849k 30.75
Apple (AAPL) 2.5 $24M 54k 442.66
NiSource (NI) 2.4 $23M 789k 29.34
Williams Companies (WMB) 2.4 $23M 602k 37.46
Duke Energy (DUK) 2.0 $19M 256k 72.59
Exxon Mobil Corporation (XOM) 1.9 $18M 197k 90.11
Southern Company (SO) 1.8 $18M 373k 46.92
Chunghwa Telecom Co Ltd - (CHT) 1.6 $15M 483k 30.42
At&t (T) 1.5 $15M 394k 36.69
Google 1.4 $14M 17k 794.19
Pfizer (PFE) 1.4 $13M 461k 28.86
JPMorgan Chase & Co. (JPM) 1.4 $13M 276k 47.46
Wells Fargo & Company (WFC) 1.4 $13M 346k 36.99
General Electric Company 1.3 $13M 548k 23.12
International Business Machines (IBM) 1.3 $13M 59k 213.30
American Electric Power Company (AEP) 1.3 $12M 250k 48.63
Alliant Energy Corporation (LNT) 1.3 $12M 241k 50.18
Transcanada Corp 1.2 $12M 250k 46.80
Microsoft Corporation (MSFT) 1.2 $12M 404k 28.60
Enbridge (ENB) 1.2 $11M 250k 44.14
PT Telekomunikasi Indonesia (TLK) 1.1 $11M 239k 45.08
Citigroup (C) 1.1 $11M 237k 44.24
Exelon Corporation (EXC) 1.0 $9.7M 280k 34.48
Philippine Long Distance Telephone 1.0 $9.4M 143k 65.93
Verizon Communications (VZ) 1.0 $9.1M 186k 49.15
Chevron Corporation (CVX) 0.9 $8.9M 75k 118.82
Home Depot (HD) 0.9 $8.3M 119k 69.78
Oracle Corporation (ORCL) 0.8 $8.1M 250k 32.33
Johnson & Johnson (JNJ) 0.8 $7.7M 94k 81.53
Cisco Systems (CSCO) 0.8 $7.6M 366k 20.89
Qualcomm (QCOM) 0.8 $7.5M 112k 66.94
Procter & Gamble Company (PG) 0.8 $7.3M 95k 77.06
Coca-Cola Company (KO) 0.8 $7.2M 179k 40.44
Berkshire Hathaway (BRK.B) 0.8 $7.1M 69k 104.20
Walt Disney Company (DIS) 0.8 $7.1M 125k 56.80
Boeing Company (BA) 0.7 $7.0M 82k 85.85
Schlumberger (SLB) 0.7 $7.0M 93k 74.89
Wal-Mart Stores (WMT) 0.7 $6.8M 90k 74.83
Macquarie Infrastructure Company 0.7 $6.5M 120k 54.04
CVS Caremark Corporation (CVS) 0.7 $6.3M 115k 54.99
Monsanto Company 0.7 $6.3M 60k 105.63
Honeywell International (HON) 0.7 $6.3M 83k 75.35
Bristol Myers Squibb (BMY) 0.7 $6.2M 150k 41.19
iShares iBoxx $ High Yid Corp Bond (HYG) 0.7 $6.1M 65k 94.34
American Express Company (AXP) 0.6 $6.0M 88k 67.46
Ford Motor Company (F) 0.6 $5.8M 445k 13.15
Visa (V) 0.6 $5.6M 33k 169.85
iShares MSCI Brazil Index (EWZ) 0.6 $5.6M 102k 54.48
Goldman Sachs (GS) 0.6 $5.4M 37k 147.14
Eli Lilly & Co. (LLY) 0.6 $5.3M 93k 56.79
American International (AIG) 0.6 $5.3M 136k 38.82
Merck & Co (MRK) 0.5 $5.2M 117k 44.20
United Parcel Service (UPS) 0.5 $5.1M 59k 85.91
Colgate-Palmolive Company (CL) 0.5 $5.1M 43k 118.03
Express Scripts Holding 0.5 $4.9M 85k 57.62
Occidental Petroleum Corporation (OXY) 0.5 $4.8M 62k 78.37
Starbucks Corporation (SBUX) 0.5 $4.7M 83k 56.96
Target Corporation (TGT) 0.5 $4.7M 69k 68.45
EOG Resources (EOG) 0.5 $4.7M 37k 128.07
Comcast Corporation (CMCSA) 0.5 $4.6M 110k 41.98
Yum! Brands (YUM) 0.5 $4.5M 62k 71.94
United Technologies Corporation 0.5 $4.5M 48k 93.42
Dollar General (DG) 0.5 $4.4M 88k 50.58
Costco Wholesale Corporation (COST) 0.5 $4.4M 41k 106.11
Philip Morris International (PM) 0.5 $4.4M 47k 92.71
Abbvie (ABBV) 0.5 $4.4M 108k 40.78
Anadarko Petroleum Corporation 0.5 $4.2M 49k 87.45
EMC Corporation 0.4 $4.1M 172k 23.89
Lowe's Companies (LOW) 0.4 $4.0M 107k 37.92
Time Warner 0.4 $4.0M 70k 57.63
Baxter International (BAX) 0.4 $4.0M 55k 72.64
W.W. Grainger (GWW) 0.4 $4.0M 18k 225.00
Kellogg Company (K) 0.4 $4.0M 62k 64.44
Bank of America Corporation (BAC) 0.4 $3.8M 312k 12.18
Abbott Laboratories (ABT) 0.4 $3.8M 108k 35.32
Union Pacific Corporation (UNP) 0.4 $3.8M 26k 142.39
Intel Corporation (INTC) 0.4 $3.8M 174k 21.83
Allergan 0.4 $3.8M 34k 111.62
Bank of New York Mellon Corporation (BK) 0.4 $3.7M 131k 27.99
Via 0.4 $3.7M 61k 61.48
Halliburton Company (HAL) 0.4 $3.7M 91k 40.41
Gilead Sciences (GILD) 0.4 $3.7M 75k 48.93
iShares MSCI Malaysia Index Fund 0.4 $3.7M 250k 14.96
U.S. Bancorp (USB) 0.4 $3.6M 106k 33.93
Marsh & McLennan Companies (MMC) 0.4 $3.5M 93k 37.97
Adobe Systems Incorporated (ADBE) 0.4 $3.4M 78k 43.51
Morgan Stanley (MS) 0.4 $3.4M 155k 21.98
PNC Financial Services (PNC) 0.3 $3.3M 50k 66.49
FedEx Corporation (FDX) 0.3 $3.3M 34k 98.21
Johnson Controls 0.3 $3.3M 94k 35.06
Freeport-McMoRan Copper & Gold (FCX) 0.3 $3.3M 100k 33.10
Precision Castparts 0.3 $3.3M 18k 189.62
MetLife (MET) 0.3 $3.3M 87k 38.02
Stanley Black & Decker (SWK) 0.3 $3.2M 40k 80.98
Deere & Company (DE) 0.3 $3.2M 37k 85.98
Broadcom Corporation 0.3 $3.3M 94k 34.68
Mosaic (MOS) 0.3 $3.2M 54k 59.61
Chubb Corporation 0.3 $3.1M 35k 87.54
MasterCard Incorporated (MA) 0.3 $3.1M 5.7k 541.07
Franklin Resources (BEN) 0.3 $3.1M 21k 150.82
Prudential Financial (PRU) 0.3 $3.1M 53k 58.98
Macy's (M) 0.3 $3.1M 73k 41.83
Beam 0.3 $3.1M 49k 63.54
Apache Corporation 0.3 $3.0M 39k 77.17
DaVita (DVA) 0.3 $2.9M 25k 118.58
National-Oilwell Var 0.3 $3.0M 42k 70.75
Kroger (KR) 0.3 $2.9M 88k 33.14
Becton, Dickinson and (BDX) 0.3 $2.9M 31k 95.62
State Street Corporation (STT) 0.3 $2.9M 49k 59.09
Noble Energy 0.3 $2.9M 25k 115.67
Intuit (INTU) 0.3 $2.9M 44k 65.66
Motorola Solutions (MSI) 0.3 $2.9M 45k 64.03
Corning Incorporated (GLW) 0.3 $2.8M 208k 13.33
Bed Bath & Beyond 0.3 $2.8M 43k 64.42
Raytheon Company 0.3 $2.7M 47k 58.79
UnitedHealth (UNH) 0.3 $2.8M 49k 57.21
Progressive Corporation (PGR) 0.3 $2.7M 105k 25.27
Waste Management (WM) 0.3 $2.7M 69k 39.20
Dow Chemical Company 0.3 $2.7M 84k 31.84
Marriott International (MAR) 0.3 $2.7M 64k 42.23
Discovery Communications 0.3 $2.7M 34k 78.73
ConAgra Foods (CAG) 0.3 $2.7M 74k 35.81
Boston Scientific Corporation (BSX) 0.3 $2.5M 326k 7.81
Newell Rubbermaid (NWL) 0.3 $2.6M 99k 26.11
Safeway 0.3 $2.5M 96k 26.35
Calpine Corporation 0.3 $2.5M 124k 20.59
Mead Johnson Nutrition 0.3 $2.5M 33k 77.44
St. Jude Medical 0.3 $2.6M 64k 40.44
Cameron International Corporation 0.3 $2.5M 39k 65.21
Moody's Corporation (MCO) 0.3 $2.5M 46k 53.32
Nucor Corporation (NUE) 0.3 $2.4M 53k 46.14
Pepsi (PEP) 0.3 $2.5M 31k 79.12
Danaher Corporation (DHR) 0.3 $2.5M 40k 62.15
Invesco (IVZ) 0.3 $2.4M 84k 28.96
Fluor Corporation (FLR) 0.2 $2.4M 36k 66.33
Dover Corporation (DOV) 0.2 $2.4M 33k 72.89
Wynn Resorts (WYNN) 0.2 $2.4M 19k 125.14
Concho Resources 0.2 $2.4M 25k 97.43
SanDisk Corporation 0.2 $2.4M 44k 54.95
Marathon Petroleum Corp (MPC) 0.2 $2.4M 26k 89.61
Tiffany & Co. 0.2 $2.3M 33k 69.55
Rockwell Automation (ROK) 0.2 $2.3M 26k 86.35
CSX Corporation (CSX) 0.2 $2.2M 90k 24.63
Coach 0.2 $2.2M 44k 49.99
Energizer Holdings 0.2 $2.2M 22k 99.74
Citrix Systems 0.2 $2.1M 29k 72.16
MGM Resorts International. (MGM) 0.2 $2.1M 159k 13.15
Nabors Industries 0.2 $2.1M 127k 16.22
McDonald's Corporation (MCD) 0.2 $2.0M 20k 99.70
CF Industries Holdings (CF) 0.2 $2.0M 11k 190.33
Huntington Bancshares Incorporated (HBAN) 0.2 $1.9M 264k 7.37
Paychex (PAYX) 0.2 $1.9M 54k 35.06
Darden Restaurants (DRI) 0.2 $1.9M 37k 51.69
Bunge 0.2 $1.8M 25k 73.82
3M Company (MMM) 0.2 $1.8M 17k 106.30
Best Buy (BBY) 0.2 $1.8M 82k 22.15
J.M. Smucker Company (SJM) 0.2 $1.8M 19k 99.16
Chipotle Mexican Grill (CMG) 0.2 $1.8M 5.6k 325.81
VMware 0.2 $1.8M 23k 78.87
United Rentals (URI) 0.2 $1.7M 32k 54.31
BorgWarner (BWA) 0.2 $1.6M 21k 77.35
American Tower Reit (AMT) 0.2 $1.7M 22k 76.91
Taiwan Fund (TWN) 0.2 $1.5M 93k 16.37
Hollyfrontier Corp 0.2 $1.6M 30k 51.46
Caterpillar (CAT) 0.1 $1.4M 16k 86.94
CBS Corporation 0.1 $1.4M 30k 46.70
eBay (EBAY) 0.1 $1.2M 23k 54.22
Newfield Exploration 0.1 $1.0M 46k 22.41
salesforce (CRM) 0.1 $1.0M 5.8k 178.79
FirstEnergy (FE) 0.1 $908k 22k 42.21
Mondelez Int (MDLZ) 0.1 $925k 30k 30.62
Mobile TeleSystems OJSC 0.1 $759k 37k 20.74
Symantec Corporation 0.1 $740k 30k 24.67
Ocean Power Technologies 0.0 $170k 112k 1.52