What states are investing in businesses who do business with terrorism sponsoring nations?
All of them.  Here are some of the companies who have Maryland funds invested in them:

MARYLAND

Maryland State Retirement & Pension Systems (MSRPS)

120 E. Baltimore Street

16 th Floor

Baltimore, MD 21202-2305

(410) 767-4050

Exposure Levels

Companies held by MSRPS with Ties to Terrorist-Sponsoring States:  89

Amount Invested $1,775,533,889.27

Companies held by MSRPS with Ties to Proliferation-Related Concerns:12

$150,182,262.97

Total Exposure: 101 $1,925,716,152.24

Total Holdings vs. Total Exposure

Total Exposure, 24%

Total MSRPS Assets Under Management in Equities:

$8,055,257,237.42

This graph illustrates that 24% of MSRPS’ total equity holdings are in companies with ties to terrorist- terroristsponsoring states or proliferation-related sponsoring concerns.

Financial Impact of Publicly Traded Companies on the Economies of Terrorist-Sponsoring States:

Companies Held by MSRPS with Ties to:

Number of Companies

Iran 70

Saddam’s Iraq 20

Libya 17

North Korea 10

Sudan 26

Syria 32

The 89 Companies that MSRPS is Invested in Are Involved in Projects in Terrorist-Sponsoring States Worth, at a Minimum,

$28,314,890,000

Sample Holdings

Company Name                 Total Exposure

Siemens AG               $7,695,852.13

ENI                           $54,648,652.55

Statoil ASA                 $7,419,702.59

Total SA                     $59,572,122.97

UBS AG                        $71,839,803.82

76 76%

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