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Mar 30

The following portfolio contains some of the European Utility stocks that are traded as ADRs in the US markets. The average yield of this portfolio is 6.71%.

S.No. Company Ticker Country Sector Dividend Yield
1 AES Tiete AESAY Brazil Electricity 8.39%
2 Companhia Energetica de Minas Gerais-CEMIG CIG Brazil Electricity 10.33%
3 CPFL Energia CPL Brazil Electricity 8.20%
4 Eletrobras-Centrais Eletricas Brasileiras CAIGY Brazil Electricity 5.34%
5 SABESP SBS Brazil Gas,H20&Multiutility 1.31%
        Portfolio Yield: 6.71%

Note:
1. The Dividend (Yield) info. is acquired from various sources and is thought to be
accurate when posted.
2. The Dividend (Yield) info. is as of 3/21/08

written by David