CREF Holds Annual Meeting

New York, July 18, 2006 -- The College Retirement Equities Fund (CREF), an investment company within the TIAA-CREF financial services organization, held its annual meeting today at the company’s New York headquarters.

“Over the past year, we have made great strides toward improving your company while remaining committed to offering the exceptional quality, strong ethic and sound financial management our participants count on over the long term,” said TIAA-CREF Chief Executive Herb Allison.

“We are transforming many aspects of our operations to meet the financial needs of the community we serve in the 21st century. Our massive effort is on track and nearly all elements of it will be in place by the end of this year,” Allison added. In meeting-related actions, CREF participants:

Elected one new trustee to the CREF Board, Laura T. Starks.
Re-elected current trustees: Eugene Flood, Jr.; Howell Jackson; Nancy L. Jacob; Bridget A. Macaskill; James M. Poterba; Maceo K. Sloan; and Ahmed H. Zewail.
Ratified the board of Trustees’ selection of PricewaterhouseCoopers as CREF’s independent auditors for the fiscal year ending December 31, 2006 (approximately 96% for, 1.5% against and 2.3% abstaining -- all voting results are preliminary, but are expected to be within 1% of final tallies)

About TIAA-CREF
TIAA-CREF is a national financial services organization and the leading provider of retirement services in the academic, research, medical and cultural fields with more than $380 billion in combined assets under management (6/30/06). Further information can be found at www.tiaa-cref.org.

TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., distribute securities products

Press Release Archive

2008
2007

C36336