Disney initially filed these additional soliciting materials in response to a “no recommendation” by ISS.

Disney later announced that it had removed tax gross-ups from its executive employment agreements.

Based on preliminary results announced at the shareholders meeting, 76% of shares voted to approve executive compensation under the say-on-pay vote.  81% of the shares voted to approve an annual say-on-pay vote.

Although Glass Lewis & Co. did not endorse the reelection of Steve Jobs because of his lack of attendance at director meetings, 85% of the votes cast were in favor of the reelection of each director.

Check dodd-frank.com frequently for updates on the Dodd-Frank Act and other important securities law matters.