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CalSTRS Turns to Broadridge for Electronic Voting Proxy Services

LAKE SUCCESS, New York -- May 27, 2009 -- Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that the California State Teachers' Retirement System (CalSTRS) -- the nation's second-largest public pension fund and an advocate for good corporate governance -- has become the first institutional investor to pre-disclose their voting decisions through Broadridge's ProxyEdge® integrated vote recommendation service. This will now allow other institutional investors with voting policies similar to CalSTRS to compare and align their votes with them.

ProxyEdge is Broadridge's suite of electronic voting services that help simplify the management of institutional proxies by providing access to third-party recommendations and/or pre-disclosure of third-party vote decisions. ProxyEdge allows institutions to manage, track, reconcile and report proxy voting through electronic delivery of ballots, online voting, and integrated reporting and record keeping to help institutions satisfy their SEC requirements.

CalSTRS' assets under management totaled $111.6 billion, as of March 31, 2009. As long-term owners and lenders to corporations around the world, CalSTRS' responsibility is to protect those assets through the pursuit of good governance and operational accountability.

Broadridge offers a full-range of comprehensive e-solutions that enhance institutional investor communication. “Our partnership with CalSTRS is an example of Broadridge's goal to provide more market participants with the ability to meet their voting objectives thoughtfully and efficiently,” said MaryEllen Andersen, Vice President, Issuer & Institutional Relations, Broadridge. Ms. Anderson added, “By pre-disclosing votes via ProxyEdge, institutional investors which have voting policies similar to CalSTRS are able to weigh their proxy decisions against those of CalSTRS, enabling greater voting consistency among like-minded investors.”

About CalSTRS

The California State Teachers' Retirement System administers retirement, disability and survivor benefits for California's 833,000 public school educators and their families from the state's 1,400 school districts, county offices of education and community college districts. CalSTRS has developed robust policies and standards for fair and open governance of corporations. As long-term owners and lenders to corporations around the world, the Fund's duty is to protect those assets through the pursuit of good governance and operational accountability. The investment portfolio is broadly diversified into six asset categories. For more information, www.calstrs.com

To contact media relations, please email us at mediarelations@broadridge.com.