Survey Results: Disclosure Committees

1. Back in mid-2008, we conducted a survey on disclosure committees (here are the results) - we are now canvassing to see if practices have changed:

Our company:(Total responses: n=32)

(select only one)
n=31 (96.88%) has a disclosure committee
n=1 (3.13%) doesn't have a disclosure committee (if you check this box, you are done)

2. Our disclosure committee has: (Total responses: n=30)
(select only one)
n=10 (33.33%) more than 10 members
n=12 (40.00%) between 8-9 members
n=6 (20.00%) between 6-7 members
n=2 (6.67%) between 4-5 members
n=0 (0.00%) has less than 4 members

3. Our disclosure committee has the following types of members: (Total responses: n=31)
(select all that apply, may total more than 100%)
n=9 (29.03%) CEO
n=23 (74.19%) CFO
n=27 (87.10%) Controller
n=27 (87.10%) General Counsel
n=26 (83.87%) Securities Counsel
n=14 (45.16%) Compliance or Risk Management
n=23 (74.19%) Investor Relations Officer
n=18 (58.06%) Internal Auditor
n=17 (54.84%) Officer from a Business Unit
n=17 (54.84%) Other

4. For our disclosure committee: (Total responses: n=31)
(select only one)
n=23 (74.19%) Someone takes minutes of meetings
n=8 (25.81%) We don't keep minutes of our meetings