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to serve on the association's board. In his current position,
he is responsible for the company's global quality and customer satisfaction.

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Koenig is vice president , global health, safety, environment and security
for TRW Automotive, with a background in environmental and integrated
management systems, training and communication, product safety and energy
services .org.org.

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Studies of the relationships and influences between Nonprofit organizations and Corporate Operations; Nonprofits involved in socially responsible business or investing issues.

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The new study entitled "Mutual Funds, Proxy Voting, and Fiduciary
Responsibility: How Do Funds Rate on Voting Their Proxies and Disclosure
Practices?" concludes: "Socially responsible investing (SRI) funds as a
category support more shareholder-proposed corporate governance resolutions
and 'vote no' campaigns than their conventional peers by a 2-to-1 margin.

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com/cgi-bin/prnh/20040719/DEM007LOGO)
AIAG's board of directors represents a cross section of member companies
from automakers, truck manufacturers, suppliers and solution providers.

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Founded in 1982, AIAG is a globally recognized organization where OEMs and
suppliers unite to address and resolve issues affecting the worldwide
automotive supply chain .

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SRI funds are also more consistent in their support of popular
'plain vanilla' governance issues we examined (poison pills, expensing stock
options, golden parachutes, and declassifying the board) -- totaling 90
percent support for these four issues, opposed to 72 percent support by
'conventional' funds."

The full Social Investment Forum Foundation study is available online at
http://www.

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AIAG Board Announces Two New Members

DETROIT, The board of directors of the Automotive
Industry Action Group (AIAG) announced today the appointments of Thomas Koenig
from TRW Automotive and John S. Conventional Mutual Funds Lag SRI Funds by
Surprisingly Large 2-to-1 Margin;
As Expected: SRI Mutual Funds Also Stronger on
Social/Environmental Proxy Issues

WASHINGTON, Socially responsible mutual funds are
considerably stronger proponents of corporate governance shareholder
resolutions -- such as focusing on poison pills, expensing stock options,
golden parachutes, declassifying boards, and "vote no" director campaigns --
than are "conventional" mutual funds, according to the surprising conclusion
of an extensive new study by the nonprofit Social Investment Forum Foundation
(SIFF), http://www. The SIFF report analyzed the U.

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AIAG's goals are to reduce cost and complexity
through collaboration; improve product quality, health, safety and the
environment; and optimize speed to market throughout the supply chain.

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The
board provides strategic direction and oversees AIAG's collaborative efforts
to enhance the global automotive supply chain, including initiatives in
automatic identification, collaborative engineering and product development,
e-commerce, electronic data interchange, early warning standards, finance,
materials management, occupational health and safety, regulatory issues,
returnable containers, telecommunications, and truck and heavy equipment .

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Additional information is available on the Internet at
http://www.

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socialinvest.

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He is responsible for the leadership, service and governance of all
health, safety and environmental issues within TRW's facilities worldwide.

Study: Socially Responsible Mutual Funds Are Far Tougher on Traditional Corporate Governance Resolutions Than 'Conventional' Mutual Funds

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newscom. mutual
fund voting patterns that are now discernible as a result of the first 12
months of mandatory proxy disclosure, a requirement that was strenuously
opposed by most of the mutual fund industry.

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Sofia from American Axle + Manufacturing , Inc.
(Logo: http://www.
Sofia, vice president of quality assurance and customer satisfaction for
American Axle + Manufacturing, has more than 20 years of experience in
automotive manufacturing , engineering and quality.
Headquartered in the metro Detroit area, its more than 1,500 member companies
include North American, European and Asia-Pacific OEMs and suppliers to the
automotive industry .socialinvest.

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They also tend to support more controversial governance resolutions , like
separating the CEO and chair positions, or limiting nonaudit services by
auditors.

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