NEWS RELEASE

For immediate release: [7 pages] For more information:

Friday April 29, 2011 Bill Mahoney 518 817-3738
Russ Haven 518 436-0876

2010 Political Activity by Companies invested in by the New York State Pension Fund

In the past week, attention has been brought to actions by placement agents and state legislators to influence
investments made by New York State’s Common Retirement Fund.

In 2010, 265 of the companies whose shares and funds are invested in by the New York State Common
Retirement Fund spent a total of $31,931,816 lobbying in the state.1 The Fund currently invests
$26,861,288,051, or 44.1% of its domestic and international equity, in these companies.2 Additionally, these
companies gave $2,595,055 to the legislative leaders’ campaign committees in 2010, representing half (49.18%)
of the money these leadership committees received directly from businesses.

Since April of 2009, the use of placement agents and lobbying the Comptroller on investment decisions has been
banned. Thus, the companies identified lobbied on issues other than investments by the pension fund, as
disclosed in reports filed with the Commission on Public Integrity. As the public discussion unfolds about what
role, if any, lobbying should play in investment decisions, this information provides a window into the resources
deployed and the potential influence wielded by major players in the state’s pension fund.

Pension Fund
Company Name Investment Lobbying
3M Company $220,456,741 $60,000
Abbott Laboratories $284,426,590 $51,579
Acciona S.A. $1,572,108 $101,162
Ace Ltd $25,717,479 $134,708
Adobe Systems Inc $75,979,323 $10,626
Aecom Technology Corp $12,251,471 $120,000
Aeon Company Ltd $20,717,081 $59,800
AES Corp/The $24,871,484 $15,250
Aetna Inc $65,839,817 $144,450
Air Products & Chemicals Inc $58,442,759 $96,828
Alcatel-Lucent $5,531,272 $124,739
Alcoa Inc $50,189,777 $32,187
Alexandria Real Estate Equities Inc $13,124,540 $24,000

1
These 265 companies are the only ones that directly lobbied and were invested in the state’s pension fund.
2
Investment totals were current as of 2010, and obtained from
http://www.osc.state.ny.us/retire/word_and_pdf_documents/publications/cafr/asset_listings_10.pdf.
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The New York Public Interest Research Group (NYPIRG) is a not-for-profit, nonpartisan research and advocacy organization established, directed and supported by New York State college and university students.
NYPIRG’s staff of lawyers, researchers and organizers works with students and other citizens, developing citizenship skills and shaping public policy. Environmental preservation, consumer protection, fiscal
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Align Technology Inc $5,598,447 $50,294

Allergan Inc $91,632,202 $126,197
Allianz AG $54,278,082 $3,781
Allstate Corp/The $84,306,257 $125,800
Altria Group Inc $139,981,961 $1,067,502
American Express Company $174,301,220 $70,968
American International Group Inc $15,491,196 $216,696
Amerigroup Corp $19,011,618 $150,340
Amgen Inc $227,651,477 $88,612
Amylin Pharmaceuticals Inc $443,053 $24,931
Anheuser-Busch InBev Nv $39,977,271 $124,541
AOL Inc $10,596,618 $125,540
Apple Inc $819,353,615 $131,798
Applied Materials Inc $60,807,309 $35,000
Astellas Pharma Inc $44,529,849 $70,155
Astrazeneca plc $60,339,402 $175,695
AT&T Inc $568,539,510 $418,358
Atco Ltd - Non-Voting Shares $241,053 $24,000
Avalonbay Communities Inc $23,193,869 $60,027
Avis Budget Group Inc $2,947,450 $78,486
Bank of America Corp $657,690,926 $176,747
Bank of New York Mellon Corp $127,307,154 $137,135
Barclays plc $34,717,818 $28,595
Barnes & Noble Inc $2,968,426 $48,132
BASF AG $49,131,903 $850
Baxter International Inc $155,382,826 $49,608
Bayer AG $68,811,723 $79,352
Bio-Reference Laboratories Inc $2,805,286 $59,458
BJ's Wholesale Club Inc $8,770,329 $67,138
Blackboard Inc $904,022 $30,050
Blackrock Inc $12,369,857 $177,132
Blackstone Group LP/The $9,338,560 $123,486
Bombardier Inc - Class B $4,906,996 $140,343
Boston Beer Company Inc/The - Class A $1,068,717 $90,882
BP plc - Sponsored ADR $10,998,873 $66,930
Bridgestone Corp $6,813,164 $53,482
Bristol-Myers Squibb Company $172,947,488 $162,743
CA Inc $33,067,352 $191,640
Cablevision Systems Corp NY Group - Class A $74,834 $980,191
Calpine Corp $2,197,272 $7,008
Canon Inc $109,918,561 $120,622
Cantel Medical Corp $571,680 $28,000
Capital One Financial Corp $69,764,048 $88,541
Cardtronics Inc $2,602,619 $49,482
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Caterpillar Inc $131,597,153 $37,443

CBS Corp - Class B $40,499,004 $8,913
CGI Group Inc $7,329,455 $209,175
Chesapeake Energy Corp $54,614,381 $1,090,958
Chubb Corp/The $65,242,803 $30,949
Ciena Corp $5,160,066 $3,000
Cigna Corp $34,002,829 $155,630
Cisco Systems Inc $571,816,628 $216,733
Citigroup Inc $269,641,208 $215,529
Citrix Systems Inc $41,554,004 $44,037
CNA Financial Corp $336,672 $125,320
Coach Inc $53,679,423 $63,341
Coca-Cola Company/The $475,456,514 $471,293
Comcast Corp - Class A $192,076,882 $40,000
CommVault Systems Inc $1,799,805 $24,537
Computer Sciences Corp $40,951,033 $135,731
ConocoPhillips Company $284,552,942 $37,401
Consolidated Edison Inc $43,048,133 $242,264
Constellation Energy Group Inc $32,267,846 $122,151
Continental Airlines - Class B $11,760,541 $36,614
Corning Inc $109,204,775 $53,540
Covanta Holding Corp $1,559,259 $342,066
CSX Corp $66,760,236 $88,496
CVS Caremark Corp $173,015,008 $105,164
Daiichi Sankyo Company Ltd $7,179,962 $46,456
Darden Restaurants Inc $21,132,671 $77,261
Delta Air Lines Inc $2,611,610 $98,591
Deutsche Bank AG - Registered $190,113,602 $0
DeVry Inc $14,991,436 $151,821
Diageo plc $21,258,061 $4,284
DIRECTV - Class A $115,199,258 $48,750
DISH Network Corp - Class A $3,176,799 $120,180
Dollar Thrifty Automotive Group Inc $2,445,093 $37,404
Dominion Resources Inc $91,758,630 $11,968
Dr Pepper Snapple Group Inc $32,998,956 $42,490
Dun & Bradstreet Corp/The $13,394,856 $67,200
Dynegy Inc - Class A $3,364,147 $36,000
Eastman Kodak Company $6,116,463 $89,068
Ebay Inc $108,478,763 $118,221
Education Management Corp $615,390 $84,132
Eisai Company Ltd $1,695,768 $38,865
Eli Lilly & Company $139,953,428 $362,401
EMC Corp $147,021,454 $124,700
Endo Pharmaceuticals Holdings Inc $14,147,668 $58,546
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Entergy Corp $60,152,468 $460,770

Equity One Inc $2,365,028 $83,792
Estee Lauder Companies Inc - Class A $47,158,349 $91,293
Expedia Inc $19,238,744 $88,516
Exxon Mobil Corp $1,114,812,374 $186,549
Fedex Corp $146,987,316 $99,000
Fidelity National Financial Inc - Class A $13,403,252 $236,977
First American Corp $12,735,684 $147,239
Ford Motor Company $147,763,807 $48,000
Forest City Enterprises Inc - Class A $563,431 $54,430
Forest Laboratories Inc $42,824,652 $10,000
Frontier Communications Corp $7,747,257 $7,945
Gartner Inc $18,999,209 $36,037
General Electric Company $682,534,671 $351,485
Genting International Ltd $686,199 $75,000
Genworth Financial Inc - Class A $35,073,691 $85,722
Gilead Sciences Inc $171,984,530 $76,624
Glaxosmithkline plc $115,883,523 $137,010
Goldman Sachs Group Inc/The $379,822,551 $915,611
Goldman Sachs Ssga Emerging Markets Fund $147,849,716 $202,701
Google Inc - Class A $550,819,029 $64,857
H&R Block Inc $19,675,586 $58,458
Hartford Financial Services Group Inc/The $41,749,833 $127,457
Health Management Associates Inc - Class A $13,931,140 $85,566
Heineken Nv $9,848,876 $37,351
Hertz Global Holdings Inc $2,062,386 $51,814
Hess Corp $61,943,578 $120,998
Hewlett-Packard Company $471,933,838 $355,691
Honda Motor Company $42,066,736 $74,410
Honeywell International Inc $121,637,185 $98,486
HSBC Holdings plc $152,357,335 $135,880
Hub Group Inc - Class A $2,090,106 $20,000
Iberdrola Renovables $12,868,772 $140,000
Iberdrola S.A. $52,115,652 $24,196
Illinois Tool Works Inc $85,690,437 $18,401
ING Groep Nv $50,253,627 $0
Intel Corp $472,839,596 $83,750
International Business Machines Corp $603,497,304 $172,043
International Paper Company $37,037,509 $31,619
Janus Capital Group Inc $7,914,802 $24,834
JC Penney Company Inc $33,505,473 $100,804
Johnson & Johnson $656,823,887 $149,406
Johnson Controls Inc $92,337,558 $42,600
Jones Lang Lasalle Inc $22,565,432 $135,000
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JPMorgan Chase & Company $689,231,311 $171,966

Keycorp $24,566,965 $63,729
Kraft Foods Inc $204,872,855 $137,205
Lafarge-Coppee S.A. $17,332,201 $150,972
Lamar Advertising Company $7,117,320 $96,666
Lloyds Tsb Group $34,044,387 $2,226
Lockheed Martin Corp $100,404,514 $12,000
Lorillard Inc $40,312,764 $7,200
Lubrizol Corp/The $43,617,446 $0
Macerich Company/The $14,596,111 $90,000
Macy's Inc $41,897,127 $10,712
Magellan Health Services Inc $6,283,730 $26,320
Marriott International Inc - Class A $30,112,002 $11,351
Mastercard Inc - Class A $92,769,436 $68,582
Maximus Inc $4,099,675 $180,395
McAfee Inc $25,943,042 $38,500
McDonald's Corp $251,261,849 $67,688
McGraw-Hill Companies Inc/The $40,224,537 $42,057
McKesson Corp $77,104,873 $17,005
Medco Health Solutions Inc $132,786,362 $66,428
Medtronic Inc $187,928,157 $164,881
Merck & Company Inc $449,244,531 $120,660
Metlife Inc $122,563,396 $162,375
Microsoft Corp $807,861,074 $207,919
Molson Coors Brewing Company - Class B $21,458,255 $1,099
Monsanto Company $138,286,261 $46,703
Morgan Stanley $144,740,870 $244,111
Motorola Inc $70,552,636 $212,479
National Fuel Gas Company $16,744,182 $51,440
National Grid plc $12,190,849 $185,941
Nationwide Health Properties Inc $15,119,773 $115,477
Navistar International Corp $3,615,526 $13,668
Nestle S.A. - Registered $180,502,574 $134,029
Netapp Inc $55,111,186 $72,000
News Corp - Class A $110,891,435 $57,296
Noble Energy Inc $75,126,052 $63,486
Norfolk Southern Corp $89,371,799 $113,033
Northrop Grumman Corp $90,154,947 $277,472
Novartis AG - Regular Shares $110,650,460 $77,087
Novell Inc $5,818,045 $54,037
Novo Nordisk A/S $48,795,145 $55,588
NRG Energy Inc $19,693,694 $443,225
Nucor Corp $60,271,129 $114,343
Office Depot Inc $8,655,236 $40,914
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Oracle Corp $378,849,578 $242,564

OSI Pharmaceuticals Inc $14,119,186 $51,962
Owens-Illinois Inc $34,249,010 $80,268
Paetec Holding Corp $7,125,122 $26,287
Pearson plc $26,991,804 $61,799
Penn National Gaming Inc $451,722 $60,239
Pepco Holdings Inc $12,414,028 $9,000
Pepsico Inc $429,509,529 $152,076
Pfizer Inc $529,012,021 $553,026
Pitney Bowes Inc $16,614,851 $126,716
Portfolio Recovery Associates Inc $3,275,739 $22,800
Procter & Gamble Company/The $646,363,346 $64,541
Progressive Corp/The $56,640,755 $49,057
Prudential Corp $8,048,817 $30,951
Qwest Communications International Inc $30,829,106 $30,504
Reckitt Benckiser Group plc $7,219,085 $185,755
Red Hat Inc $18,837,587 $5,000
Reed Elsevier Nv $30,825,107 $10,167
Reed Elsevier plc $18,531,015 $54,105
Rent-A-Center Inc $10,271,952 $62,976
Res-Care Inc $601,898 $72,000
Reynolds American Inc $31,416,360 $90,000
Roche Holding AG - Genuss $174,729,166 $60,759
Royal Dutch Shell plc - A Shares $154,846,593 $64,541
RPM International Inc $10,998,295 $86,552
Sabmiller plc $4,350,492 $105,718
Sanofi-Aventis $153,973,538 $55,283
Scholastic Corp $2,667,700 $55,063
Scotts Miracle-Gro Company/The - Class A $12,834,315 $61,483
Sealy Corp $1,993,600 $20,000
Shuffle Master Inc $6,849,256 $63,486
Siemens AG $131,312,959 $140,746
SL Green Realty Corp $19,414,530 $220,132
Sony Corp $36,784,874 $48,273
Sotheby's $7,639,217 $31,068
Spectra Energy Corp $57,163,003 $265,487
Sprint Nextel Corp $37,699,532 $82,554
Standard Register Company/The $111,815 $30,947
Starbucks Corp $79,428,332 $60,896
Sunoco Inc $14,803,721 $121,851
Symantec Corp $54,506,173 $90,000
Takeda Pharmaceutical Company $54,163,732 $59,970
Talecris Biotherapeutics Holdings Corp $1,992 $12,487
Taubman Centers Inc $1,936,120 $123,486
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TD Ameritrade Holding Corp $3,515,617 $235,004

Teva Pharmaceutical Industries Ltd - Sponsored ADR $21,585,976 $49,179
Thomson Reuters Corp $82,514 $98,667
Time Warner Cable Inc $70,920,745 $152,296
Time Warner Inc $135,334,653 $238,708
Toll Brothers Inc $12,116,250 $5,025
Toyota Industries Corp $80,674,907 $61,704
Travelers Companies/The $104,592,249 $99,737
UBS AG - Registered $53,785,615 $72,487
United Parcel Service Inc - Class B $235,666,593 $96,511
United Technologies Corp $274,028,094 $61,022
Vectren Corp $7,843,038 $900
Verisign Inc $18,102,960 $144,389
Verizon Communications Inc $335,871,314 $1,314,306
Visa Inc - Class A $175,648,029 $145,650
Vornado Realty Trust $43,737,492 $494,209
Walgreen Company $124,378,756 $12,126
Wal-Mart Stores Inc $426,859,627 $113,432
Walt Disney Company/The $268,007,736 $93,486
Waste Management Inc $65,822,138 $361,303
WellCare Health Plans Inc $4,797,800 $173,810
WellPoint Inc $112,344,645 $484,825
Wells Fargo & Company $603,472,847 $41,005
Wendys/Arbys Group Inc - Class A $8,434,485 $62,976
Western Union Company $44,651,389 $46,746
Whole Foods Market Inc $21,375,495 $130,000
Williams Companies Inc/The $56,757,093 $270,129
Xerox Corp $54,311,605 $55,898
Yahoo! Inc $66,124,793 $60,039
Yum! Brands Inc $64,897,826 $92,793
Zurich Financial Services Ltd $29,137,341 $81,387