On June 11, 2009, Beacon Power Corporation (the "Company") held its Annual Meeting of Stockholders. The following matters were considered and voted upon:
(1) the election of six members of the Company's Board of Directors for the ensuing year and until each of their successors is duly elected and qualified;
(2) a proposal to amend the Company's Sixth Amended and Restated Certificate of Incorporation to increase the authorized number of shares of common stock of the Company to 400,000,000; (3) a proposal to approve the issuance and sale of shares of common stock to Seaside 88, LP, pursuant to a Common Stock Purchase Agreement between Seaside and the Company dated February 19, 2009, in an amount greater than 19.9% of the Company's outstanding shares of common stock as of the date of such agreement, for the purpose of complying with Nasdaq Marketplace Rules 5635(b) and 5635(d); and (4) a proposal to ratify the selection of Miller Wachman LLP as independent auditors to audit the Company's books and accounts for the fiscal year ending December 31, 2009.

Only stockholders of record as of the close of business on April 24, 2009 were entitled to vote at the Annual Meeting. As of April 24, 2009, 114,490,887 shares of common stock of the Company were outstanding and entitled to vote at the Annual Meeting. Set forth below is the vote tabulation relating to the four items presented to the stockholders at the Annual Meeting:

(1) The stockholders elected each of the six nominees to the Board of Directors:

Name of Director Nominees    For     Withheld
F. William Capp           88,776,925 3,340,836
Stephen P. Adik           86,304,106 5,813,655
Daniel E. Kletter         86,898,742 5,219,019
Virgil G. Rose            86,906,489 5,211,272
Jack P. Smith             86,268,838 5,848,923
Edward A. Weihman         86,880,020 5,237,741

(2) The stockholders approved the amendment to the Company's Sixth Amended and Restated Certificate of Incorporation:

For Against Abstain Broker Non-Votes 77,044,778 14,383,034 689,949 0

(3) The stockholders approved the issuance and sale of shares representing more than 19.9% of the Company's outstanding common stock to Seaside 88, LP, for the purposes of complying with applicable Nasdaq rules:

For Against Abstain Broker Non-Votes 25,749,055 6,059,006 538,694 59,771,006

(4) The stockholders ratified the appointment of the Company's independent auditors:

For Against Abstain Broker Non-Votes 88,795,936 747,118 2,574,707 0