SR28,1,43 Whereas, on July 23, 2004, the United States Congress declared that "the
4atrocities unfolding in Darfur, Sudan, are genocide"; and

SR28,1,85 Whereas, on September 21, 2004, addressing the United Nations General
6Assembly, President George W. Bush stated, "[A]t this hour, the world is witnessing
7terrible suffering and horrible crimes in the Darfur region of Sudan, crimes my
8government has concluded are genocide"; and

SR28,1,149 Whereas, on September 25 and 26, 2006, the U.S. Congress reaffirmed that the
10atrocities in Darfur included "mass murder, rape, and sexual violence," and that "an
11estimated 300,000 to 400,000 people have been killed by the Government of Sudan
12and its Janjaweed allies since the [Darfur] crisis began in 2003," and that "more than
132,000,000 people have been displaced from their homes, and more than 250,000
14people from Darfur remain in refugee camps in Chad"; and

SR28,2,5

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1Whereas, since 1993, the U.S. secretary of state has determined that Sudan's
2government has repeatedly provided support for acts of international terrorism,
3therefor restricting United States defense, financial, and other transactions with the
4government of Sudan, and since 1997, the U.S. government has imposed sanctions
5against the government of Sudan; and

SR28,2,106 Whereas, on December 31st, 2007, President George W. Bush signed the Sudan
7Accountability and Divestment Act, which passed both houses of congress
8unanimously, authorizing state and local governments to adopt targeted Sudan
9divestment policies and prohibiting federal contracts with problematic companies
10that operate in Sudan's oil, power, mineral, and military sectors; and

SR28,2,1311 Whereas, the current Sudan divestment movement encompasses nearly 100
12states, cities, universities, and private pension plans, and companies facing such
13divestment present further material risk to remaining investors; and

SR28,2,1814 Whereas, a 2006 U.S. house of representatives' report states that "a company's
15association with sponsors of terrorism and human rights abuses, no matter how
16large or small, can have a materially adverse result on a public company's operations,
17financial condition, earnings, and stock prices, all of which can negatively affect the
18value of an investment"; and

SR28,2,2119 Whereas, companies operating in Sudan's oil, power, mining, and defense
20sectors have severely underperformed their peers in financial markets over one year
21and three year periods; and

SR28,3,322 Whereas, under IB 2.02 (7), Wis.Adm.Code, the State of Wisconsin Investment
23Board "will seek investments in organizations which respect basic human rights and
24will encourage managements to respect basic human rights of their employees and
25clientele in any country, because such conduct is conducive to long run success," and

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1divestment is in accordance both with this administrative rule as well as the
2principle that the State of Wisconsin Investment Board seek the best rate of return
3for the portfolio for which it serves as fiduciary; now, therefore, be it