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 176 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
Nextera Energy (NEE) 3.1 $30M 367k 81.48
Spectra Energy 3.0 $29M 849k 34.46
Xcel Energy (XEL) 2.7 $26M 915k 28.34
NiSource (NI) 2.3 $23M 789k 28.64
Apple (AAPL) 2.3 $22M 57k 396.52
Exxon Mobil Corporation (XOM) 1.8 $18M 197k 90.35
Duke Energy (DUK) 1.8 $17M 256k 67.50
Southern Company (SO) 1.7 $16M 373k 44.13
Google 1.6 $15M 17k 880.37
Chunghwa Telecom Co Ltd - (CHT) 1.5 $15M 483k 30.42
JPMorgan Chase & Co. (JPM) 1.5 $15M 276k 52.79
Wells Fargo & Company (WFC) 1.5 $14M 346k 41.27
At&t (T) 1.4 $14M 394k 35.40
Alliant Energy Corporation (LNT) 1.4 $13M 308k 42.62
Pfizer (PFE) 1.3 $13M 461k 28.01
Procter & Gamble Company (PG) 1.2 $12M 153k 76.99
Microsoft Corporation (MSFT) 1.2 $12M 340k 34.55
Integrys Energy 1.2 $12M 198k 58.53
International Business Machines (IBM) 1.2 $11M 59k 191.11
Citigroup (C) 1.2 $11M 237k 47.97
American Electric Power Company (AEP) 1.2 $11M 250k 44.78
Transcanada Corp 1.2 $11M 250k 45.06
General Electric Company 1.1 $11M 476k 23.19
Enbridge (ENB) 1.1 $11M 250k 42.50
Express Scripts Holding 1.1 $11M 170k 61.74
Verizon Communications (VZ) 1.1 $10M 206k 50.34
Philippine Long Distance Telephone 1.0 $9.4M 143k 65.93
Home Depot (HD) 0.9 $9.2M 119k 77.47
Williams Companies (WMB) 0.9 $9.0M 279k 32.47
Cisco Systems (CSCO) 0.9 $8.9M 366k 24.34
Chevron Corporation (CVX) 0.9 $8.9M 75k 118.34
Exelon Corporation (EXC) 0.9 $8.6M 280k 30.88
Johnson & Johnson (JNJ) 0.8 $8.1M 94k 85.86
Walt Disney Company (DIS) 0.8 $7.9M 125k 63.15
Abbvie (ABBV) 0.8 $8.0M 193k 41.34
Berkshire Hathaway (BRK.B) 0.8 $7.7M 69k 111.92
Oracle Corporation (ORCL) 0.8 $7.7M 250k 30.71
Boeing Company (BA) 0.8 $7.6M 74k 102.45
PT Telekomunikasi Indonesia (TLK) 0.8 $7.4M 239k 30.87
iShares MSCI Brazil Index (EWZ) 0.7 $7.0M 102k 68.77
Qualcomm (QCOM) 0.7 $6.8M 112k 61.09
Ford Motor Company (F) 0.7 $6.9M 445k 15.47
Schlumberger (SLB) 0.7 $6.7M 93k 71.67
Honeywell International (HON) 0.7 $6.6M 83k 79.34
American International (AIG) 0.6 $6.1M 136k 44.70
Visa (V) 0.6 $6.1M 33k 182.74
iShares iBoxx $ High Yid Corp Bond (HYG) 0.6 $5.9M 65k 90.91
American Express Company (AXP) 0.6 $5.8M 78k 74.76
Bristol Myers Squibb (BMY) 0.6 $5.8M 130k 44.69
CVS Caremark Corporation (CVS) 0.6 $5.8M 102k 57.18
Occidental Petroleum Corporation (OXY) 0.6 $5.5M 62k 89.23
Merck & Co (MRK) 0.6 $5.4M 117k 46.45
Starbucks Corporation (SBUX) 0.6 $5.4M 83k 65.51
Mondelez Int (MDLZ) 0.5 $5.2M 181k 28.53
Goldman Sachs (GS) 0.5 $5.0M 33k 151.25
United Parcel Service (UPS) 0.5 $5.1M 59k 86.48
Gilead Sciences (GILD) 0.5 $5.0M 97k 51.27
Colgate-Palmolive Company (CL) 0.5 $4.9M 86k 57.29
Wal-Mart Stores (WMT) 0.5 $4.9M 65k 74.48
EOG Resources (EOG) 0.5 $4.8M 37k 131.68
Monsanto Company 0.5 $4.7M 48k 98.80
Target Corporation (TGT) 0.5 $4.7M 69k 68.86
Comcast Corporation (CMCSA) 0.5 $4.6M 110k 41.75
Costco Wholesale Corporation (COST) 0.5 $4.6M 41k 110.58
Allergan 0.5 $4.5M 54k 84.24
EMC Corporation 0.5 $4.6M 194k 23.62
W.W. Grainger (GWW) 0.5 $4.4M 18k 252.19
Invesco (IVZ) 0.5 $4.4M 139k 31.80
Dollar General (DG) 0.5 $4.4M 88k 50.43
Lowe's Companies (LOW) 0.5 $4.4M 107k 40.90
Yum! Brands (YUM) 0.4 $4.3M 62k 69.33
Via 0.4 $4.1M 61k 68.02
Intel Corporation (INTC) 0.4 $4.2M 174k 24.23
Anadarko Petroleum Corporation 0.4 $4.2M 49k 85.93
Union Pacific Corporation (UNP) 0.4 $4.1M 26k 154.27
Dow Chemical Company 0.4 $4.1M 126k 32.17
Celgene Corporation 0.4 $4.0M 35k 116.99
Time Warner 0.4 $4.0M 70k 57.81
Bank of America Corporation (BAC) 0.4 $4.0M 312k 12.86
Precision Castparts 0.4 $4.0M 18k 226.03
MetLife (MET) 0.4 $4.0M 87k 45.75
Prudential Financial (PRU) 0.4 $3.8M 53k 73.02
iShares MSCI Malaysia Index Fund 0.4 $3.9M 250k 15.56
U.S. Bancorp (USB) 0.4 $3.8M 106k 36.15
Caterpillar (CAT) 0.4 $3.7M 45k 82.50
Baxter International (BAX) 0.4 $3.8M 55k 69.27
Morgan Stanley (MS) 0.4 $3.8M 155k 24.43
Capital One Financial (COF) 0.4 $3.8M 60k 62.82
Halliburton Company (HAL) 0.4 $3.8M 91k 41.71
PNC Financial Services (PNC) 0.4 $3.7M 50k 72.93
Marsh & McLennan Companies (MMC) 0.4 $3.7M 93k 39.92
Directv 0.4 $3.7M 60k 61.65
Lockheed Martin Corporation (LMT) 0.4 $3.6M 33k 108.45
Macquarie Infrastructure Company 0.4 $3.6M 120k 29.95
Coca-Cola Company (KO) 0.4 $3.5M 87k 40.11
FedEx Corporation (FDX) 0.3 $3.4M 34k 98.59
Johnson Controls 0.3 $3.4M 94k 35.79
General Mills (GIS) 0.3 $3.4M 70k 48.53
MasterCard Incorporated (MA) 0.3 $3.3M 5.7k 574.45
State Street Corporation (STT) 0.3 $3.2M 49k 65.21
UnitedHealth (UNH) 0.3 $3.2M 49k 65.49
Freeport-McMoRan Copper & Gold (FCX) 0.3 $3.2M 115k 27.61
Broadcom Corporation 0.3 $3.2M 94k 33.80
Bed Bath & Beyond 0.3 $3.1M 43k 70.96
Stanley Black & Decker (SWK) 0.3 $3.1M 40k 77.29
Raytheon Company 0.3 $3.1M 47k 66.12
Beam 0.3 $3.1M 49k 63.10
Chubb Corporation 0.3 $3.0M 35k 84.65
Corning Incorporated (GLW) 0.3 $3.0M 208k 14.23
Abbott Laboratories (ABT) 0.3 $3.0M 85k 34.88
Noble Energy 0.3 $3.0M 50k 60.05
Boston Scientific Corporation (BSX) 0.3 $3.0M 326k 9.27
DaVita (DVA) 0.3 $3.0M 25k 120.80
Safeway 0.3 $3.0M 126k 23.66
Kroger (KR) 0.3 $3.0M 88k 34.54
Becton, Dickinson and (BDX) 0.3 $3.0M 31k 98.82
Deere & Company (DE) 0.3 $3.0M 37k 81.25
Coach 0.3 $2.9M 51k 57.10
National-Oilwell Var 0.3 $2.9M 42k 68.89
St. Jude Medical 0.3 $2.9M 64k 45.63
Mosaic (MOS) 0.3 $2.9M 54k 53.82
Moody's Corporation (MCO) 0.3 $2.8M 46k 60.93
Waste Management (WM) 0.3 $2.8M 69k 40.33
Franklin Resources (BEN) 0.3 $2.8M 21k 136.03
Progressive Corporation (PGR) 0.3 $2.7M 105k 25.42
Intuit (INTU) 0.3 $2.7M 44k 61.05
SanDisk Corporation 0.3 $2.7M 44k 61.09
Cardinal Health (CAH) 0.3 $2.6M 55k 47.20
Adobe Systems Incorporated (ADBE) 0.3 $2.6M 57k 45.57
Newell Rubbermaid (NWL) 0.3 $2.6M 99k 26.25
Marriott International (MAR) 0.3 $2.6M 64k 40.37
ConAgra Foods (CAG) 0.3 $2.6M 74k 34.92
Calpine Corporation 0.3 $2.6M 124k 21.24
Mead Johnson Nutrition 0.3 $2.6M 33k 79.22
Motorola Solutions (MSI) 0.3 $2.6M 45k 57.72
United Rentals (URI) 0.3 $2.6M 47k 54.32
Macy's (M) 0.3 $2.6M 53k 48.01
Pepsi (PEP) 0.3 $2.6M 31k 81.80
Danaher Corporation (DHR) 0.3 $2.5M 40k 63.30
Dover Corporation (DOV) 0.3 $2.5M 33k 77.65
Wynn Resorts (WYNN) 0.3 $2.5M 19k 127.98
Tiffany & Co. 0.2 $2.4M 33k 72.85
Forest Laboratories 0.2 $2.5M 60k 41.00
Philip Morris International (PM) 0.2 $2.3M 27k 86.60
Cameron International Corporation 0.2 $2.4M 39k 61.17
MGM Resorts International. (MGM) 0.2 $2.2M 159k 13.76
Rockwell Automation (ROK) 0.2 $2.2M 26k 83.13
VMware 0.2 $2.2M 23k 98.91
CSX Corporation (CSX) 0.2 $2.1M 90k 23.19
Fluor Corporation (FLR) 0.2 $2.1M 36k 59.31
Huntington Bancshares Incorporated (HBAN) 0.2 $2.1M 264k 7.87
Chipotle Mexican Grill (CMG) 0.2 $2.0M 5.6k 364.34
3M Company (MMM) 0.2 $1.9M 17k 109.35
J.M. Smucker Company (SJM) 0.2 $1.9M 19k 103.13
Concho Resources 0.2 $1.9M 25k 79.40
Nabors Industries 0.2 $1.9M 127k 15.31
BlackRock (BLK) 0.2 $1.8M 7.0k 256.86
Republic Services (RSG) 0.2 $1.9M 55k 33.95
Darden Restaurants (DRI) 0.2 $1.9M 37k 50.48
Foot Locker (FL) 0.2 $1.9M 53k 35.11
CF Industries Holdings (CF) 0.2 $1.8M 11k 171.53
Marathon Petroleum Corp (MPC) 0.2 $1.9M 26k 71.06
Bunge 0.2 $1.7M 25k 70.77
Citrix Systems 0.2 $1.7M 29k 60.37
Energizer Holdings 0.2 $1.7M 22k 76.40
Hershey Company (HSY) 0.2 $1.8M 20k 89.30
BorgWarner (BWA) 0.2 $1.8M 21k 86.14
Taiwan Fund (TWN) 0.2 $1.6M 93k 16.98
American Tower Reit (AMT) 0.2 $1.6M 22k 73.19
CBS Corporation 0.1 $1.5M 30k 48.86
Hollyfrontier Corp 0.1 $1.3M 30k 42.78
Newfield Exploration 0.1 $1.1M 46k 23.88
FirstEnergy (FE) 0.1 $803k 22k 37.32
Mobile TeleSystems OJSC 0.1 $693k 37k 18.93
Symantec Corporation 0.1 $674k 30k 22.47
Ocean Power Technologies 0.0 $179k 112k 1.60