FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-03010
EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Advisor Series VII
Fund Name: Fidelity Advisor Telecommunications & Utilities Growth Fund
82 DEVONSHIRE STREET, BOSTON, MA 02109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
ERIC D. ROITER, SECRETARY, 82 DEVONSHIRE STREET, BOSTON, MA 02109
(NAME AND ADDRESS OF AGENT FOR SERVICE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 617-563-7000
DATE OF FISCAL YEAR END: JULY 31
DATE OF REPORTING PERIOD: 06/30/2005
SIGNATURES
PURSUANT TO THE REQUIREMENTS OF THE INVESTMENT COMPANY ACT OF 1940, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THERE UNTO DULY AUTHORIZED.
Fidelity Advisor Series VII
BY: /s/ CHRISTINE REYNOLDS
-----------------------------------------------------
CHRISTINE REYNOLDS, TREASURER, FIDELITY MANAGEMENT & RESEARCH COMPANY
DATE: 08/09/2005 05:51:28 PM
EXHIBIT A
VOTE SUMMARY REPORT
Fidelity Advisor Telecommunications & Utilities Growth Fund
07/01/2004 - 06/30/2005
Note: The Security ID will be the CUSIP (Committee on Uniform Securities Identification Procedures) when available. When CUSIP is not available, an alternate identifier, e.g., CINS, will be provided.
| ISSUER NAME: ADESA, INC. MEETING DATE: 05/17/2005 | ||||
| TICKER: KAR SECURITY ID: 00686U104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT WYNN V. BUSSMANN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT THOMAS L. CUNNINGHAM AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT DONALD C. WEGMILLER AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP (AN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM) AS ADESA S INDEPENDENT AUDITORS.1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: ALAMOSA HOLDINGS, INC. MEETING DATE: 02/15/2005 | ||||
| TICKER: APCS SECURITY ID: 011589108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO APPROVE THE ISSUANCE OF SHARES OF COMMON STOCK, PAR VALUE $0.01 PER SHARE, OF ALAMOSA PURSUANT TO THE AGREEMENT AND PLAN OF MERGER, DATED AS OF DECEMBER 7, 2004, BY AND AMONG ALAMOSA, A-CO. MERGER SUB, INC. AND AIRGATE PCS, INC. (THE MERGER AGREEMENT ), AS DESCRIBED IN THE JOINT PROXY STATEMENT- PROSPECTUS AND THE MERGER AGREEMENT.1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: ALAMOSA HOLDINGS, INC. MEETING DATE: 06/02/2005 | ||||
| TICKER: APCS SECURITY ID: 011589108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT KENDALL W. COWAN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT SCHUYLER B. MARSHALL AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT THOMAS F. RILEY AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT JANE E. SHIVERS AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF AMENDMENT TO OUR THIRD AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN. | Management | For | For |
| 3 | APPROVAL OF AMENDMENT TO OUR AMENDED AND RESTATED 1999 LONG-TERM INCENTIVE PLAN. | Management | For | For |
| 4 | RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2005 FISCAL YEAR. | Management | For | For |
| ISSUER NAME: ALLEGHENY ENERGY, INC. MEETING DATE: 05/12/2005 | ||||
| TICKER: AYE SECURITY ID: 017361106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT H. FURLONG BALDWIN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT ELEANOR BAUM AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT PAUL J. EVANSON AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT CYRUS F. FREIDHEIM, JR. AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT JULIA L. JOHNSON AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT TED J. KLEISNER AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT STEVEN H. RICE AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT GUNNAR E. SARSTEN AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT MICHAEL H. SUTTON AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | For |
| 3 | STOCKHOLDER PROPOSAL REQUIRING MANAGEMENT TO RETAIN STOCK. | Shareholder | Against | Against |
| 4 | STOCKHOLDER PROPOSAL REGARDING AN INDEPENDENT BOARD CHAIRMAN. | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL TO DISCOURAGE ANY OVEREXTENDED DIRECTORS. | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL REGARDING PERFORMANCE-BASED OPTIONS. | Shareholder | Against | Against |
| ISSUER NAME: ALLETE, INC. MEETING DATE: 05/10/2005 | ||||
| TICKER: ALE SECURITY ID: 018522300 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT EDDINS AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JOHNSON AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT LUDLOW AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT MAYER AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT PEIRCE AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT RAJALA AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT SHIPPAR AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT SMITH AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT STENDER AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS ALLETE S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | For |
| 3 | APPROVAL OF THE CONTINUATION OF THE ALLETE EXECUTIVE LONG-TERM INCENTIVE COMPENSATION PLAN. | Management | For | Against |
| ISSUER NAME: ALLTEL CORPORATION MEETING DATE: 04/21/2005 | ||||
| TICKER: AT SECURITY ID: 020039103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JOHN R. BELK AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT GREGORY W. PENSKE AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT WARREN A. STEPHENS AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | For |
| ISSUER NAME: AMERICAN TOWER CORPORATION MEETING DATE: 05/26/2005 | ||||
| TICKER: AMT SECURITY ID: 029912201 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT RAYMOND P. DOLAN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT CAROLYN F. KATZ AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT GUSTAVO LARA CANTU AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT FRED R. LUMMIS AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT PAMELA D.A. REEVE AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT JAMES D. TAICLET, JR. AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2005.1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: AQUA AMERICA, INC. MEETING DATE: 05/19/2005 | ||||
| TICKER: WTR SECURITY ID: 03836W103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MARY C. CARROLL AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT DR. C. PAPADAKIS AS A DIRECTOR | Management | For | For |
| ISSUER NAME: AT&T CORP. MEETING DATE: 06/30/2005 | ||||
| TICKER: T SECURITY ID: 001957505 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | ADOPT THE MERGER AGREEMENT AMONG SBC, AT&T AND MERGER SUB1 | Management | For | For |
| 2 | ADJOURNMENT TO PERMIT FURTHER SOLICITATION OF PROXIES IN FAVOR OF ITEM 1 | Management | For | For |
| 3.1 | ELECT W.F. ALDINGER AS A DIRECTOR | Management | For | For |
| 3.2 | ELECT K.T. DERR AS A DIRECTOR | Management | For | For |
| 3.3 | ELECT D.W. DORMAN AS A DIRECTOR | Management | For | For |
| 3.4 | ELECT M.K. EICKHOFF-SMITH AS A DIRECTOR | Management | For | For |
| 3.5 | ELECT H.L. HENKEL AS A DIRECTOR | Management | For | For |
| 3.6 | ELECT F.C. HERRINGER AS A DIRECTOR | Management | For | For |
| 3.7 | ELECT J.C. MADONNA AS A DIRECTOR | Management | For | For |
| 3.8 | ELECT D.F. MCHENRY AS A DIRECTOR | Management | For | For |
| 3.9 | ELECT T.L. WHITE AS A DIRECTOR | Management | For | For |
| 4 | RATIFICATION OF AUDITORS | Management | For | For |
| 5 | NO FUTURE STOCK OPTIONS | Shareholder | Against | Against |
| 6 | LINK RESTRICTED STOCK UNIT VESTING TO PERFORMANCE | Shareholder | Against | Against |
| 7 | EXECUTIVE COMPENSATION | Shareholder | Against | Against |
| 8 | POISON PILL | Shareholder | Against | Against |
| 9 | SHAREHOLDER APPROVAL OF FUTURE SERPS | Shareholder | Against | Against |
| 10 | SHAREHOLDER RATIFICATION OF SEVERANCE AGREEMENTS | Shareholder | Against | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: BELLSOUTH CORPORATION MEETING DATE: 04/25/2005 | ||||
| TICKER: BLS SECURITY ID: 079860102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT F. DUANE ACKERMAN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT REUBEN V. ANDERSON AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JAMES H. BLANCHARD AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT J. HYATT BROWN AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT ARMANDO M. CODINA AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT KATHLEEN F. FELDSTEIN AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT JAMES P. KELLY AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT LEO F. MULLIN AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT ROBIN B. SMITH AS A DIRECTOR | Management | For | For |
| 2 | RATIFY THE APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | For |
| 3 | SHAREHOLDER PROPOSAL RE: DISCLOSURE OF POLITICAL CONTRIBUTIONS | Shareholder | Against | Against |
| ISSUER NAME: CITIZENS COMMUNICATIONS COMPANY MEETING DATE: 05/26/2005 | ||||
| TICKER: CZN SECURITY ID: 17453B101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JERRY ELLIOTT AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT LAWTON WEHLE FITT AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT STANLEY HARFENIST AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT WILLIAM M. KRAUS AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT SCOTT N. SCHNEIDER AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT LARRAINE D. SEGIL AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT ROBERT A. STANGER AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT EDWIN TORNBERG AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT DAVID H. WARD AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT MYRON A. WICK, III AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT MARY AGNES WILDEROTTER AS A DIRECTOR | Management | For | For |
| 2 | TO CONSIDER AND VOTE UPON AN AMENDMENT TO THE CITIZENS COMMUNICATIONS COMPANY AMENDED AND RESTATED 2000 EQUITY INCENTIVE PLAN TO REMOVE THE 2,500,000 SHARE SUB-LIMIT FOR STOCK-BASED AWARDS OTHER THAN STOCK OPTIONS, WITHOUT INCREASING THE TOTAL NUMBER OF SHARES AVAILABLE FOR ISSUANCE UNDER THE 2000 PLAN. | Management | For | Against |
| 3 | TO RATIFY THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2005. | Management | For | For |
| 4 | TO TRANSACT ANY OTHER BUSINESS THAT MAY PROPERLY BE BROUGHT BEFORE THE MEETING OR ANY ADJOURNMENT OR POSTPONEMENT OF THE MEETING. | Management | For | Abstain |
| ISSUER NAME: CONSTELLATION ENERGY GROUP, INC. MEETING DATE: 05/20/2005 | ||||
| TICKER: CEG SECURITY ID: 210371100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT YVES C. DE BALMANN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT F.A. HRABOWSKI, III AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT NANCY LAMPTON AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT LYNN M. MARTIN AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR 2005. | Management | For | For |
| ISSUER NAME: CROWN CASTLE INTERNATIONAL CORP. MEETING DATE: 05/26/2005 | ||||
| TICKER: CCI SECURITY ID: 228227104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT DALE N. HATFIELD AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT LEE W. HOGAN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT ROBERT F. MCKENZIE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ROBERT E. GARRISON II AS A DIRECTOR | Management | For | For |
| 2 | THE RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS FOR 2005. | Management | For | For |
| ISSUER NAME: DOMINION RESOURCES, INC. MEETING DATE: 04/22/2005 | ||||
| TICKER: D SECURITY ID: 25746U109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT PETER W. BROWN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT RONALD J. CALISE AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT THOS. E. CAPPS AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT GEORGE A. DAVIDSON, JR. AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT THOMAS F. FARRELL, II AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT JOHN W. HARRIS AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT ROBERT S. JEPSON, JR. AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT MARK J. KINGTON AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT BENJAMIN J. LAMBERT III AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT RICHARD L. LEATHERWOOD AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT MARGARET A. MCKENNA AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT KENNETH A. RANDALL AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT FRANK S. ROYAL AS A DIRECTOR | Management | For | For |
| 1.14 | ELECT S. DALLAS SIMMONS AS A DIRECTOR | Management | For | For |
| 1.15 | ELECT DAVID A. WOLLARD AS A DIRECTOR | Management | For | For |
| 2 | APPROVE THE ADOPTION OF THE NON-EMPLOYEE DIRECTORS COMPENSATION PLAN. | Management | For | Against |
| 3 | APPROVE THE ADOPTION OF THE 2005 INCENTIVE COMPENSATION PLAN. | Management | For | For |
| 4 | RATIFY THE APPOINTMENT OF INDEPENDENT AUDITORS FOR THE 2005 FINANCIAL STATEMENTS. | Management | For | For |
| 5 | SHAREHOLDER PROPOSAL. | Shareholder | Against | Against |
| ISSUER NAME: DUKE ENERGY CORPORATION MEETING DATE: 05/12/2005 | ||||
| TICKER: DUK SECURITY ID: 264399106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT ROGER AGNELLI* AS A DIRECTOR1 | Management | For | For |
| 1.2 | ELECT G. ALEX BERNHARDT, SR.* AS A DIRECTOR1 | Management | For | For |
| 1.3 | ELECT DENNIS R. HENDRIX* AS A DIRECTOR1 | Management | For | For |
| 1.4 | ELECT A. MAX LENNON** AS A DIRECTOR1 | Management | For | For |
| 2 | APPROVAL OF AMENDMENTS TO DUKE ENERGY S RESTATED ARTICLES OF INCORPORATION TO ELIMINATE CLASSIFICATION OF DUKE ENERGY S BOARD OF DIRECTORS. | Management | For | For |
| 3 | RATIFICATION OF DELOITTE & TOUCHE LLP AS DUKE ENERGY S INDEPENDENT AUDITORS FOR 2005.1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: DYCOM INDUSTRIES, INC. MEETING DATE: 11/23/2004 | ||||
| TICKER: DY SECURITY ID: 267475101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT CHARLES M. BRENNAN, III AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JOSEPH M. SCHELL AS A DIRECTOR | Management | For | For |
| 2 | THE APPROVAL OF THE COMPANY S ANNUAL INCENTIVE PLAN. | Management | For | For |
| ISSUER NAME: ENTERGY CORPORATION MEETING DATE: 05/13/2005 | ||||
| TICKER: ETR SECURITY ID: 29364G103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT M.S. BATEMAN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT W.F. BLOUNT AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT S.D. DEBREE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT C.P. DEMING AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT A.M. HERMAN AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT D.C. HINTZ AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT J.W. LEONARD AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT R. V.D. LUFT AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT K.A. MURPHY AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT J.R. NICHOLS AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT W.A. PERCY, II AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT D.H. REILLEY AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT S.V. WILKINSON AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF EXTERNAL AUDITORS. | Management | For | For |
| 3 | STOCKHOLDER PROPOSAL REGARDING INDEPENDENT CHAIRMAN OF BOARD OF DIRECTORS. | Shareholder | Against | Against |
| 4 | STOCKHOLDER PROPOSAL REGARDING MAJORITY ELECTION OF DIRECTORS. | Shareholder | Against | Against |
| ISSUER NAME: EQUITABLE RESOURCES, INC. MEETING DATE: 04/13/2005 | ||||
| TICKER: EQT SECURITY ID: 294549100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | ELECTION OF DIRECTOR - TERM EXPIRING 2007 NOMINEE: VICKY A. BAILEY | Management | For | For |
| 2.1 | ELECT PHYLLIS A DOMM ED.D* AS A DIRECTOR1 | Management | For | For |
| 2.2 | ELECT DAVID L. PORGES* AS A DIRECTOR1 | Management | For | For |
| 2.3 | ELECT JAMES E. ROHR* AS A DIRECTOR1 | Management | For | For |
| 2.4 | ELECT DAVID S. SHAPIRA* AS A DIRECTOR1 | Management | For | For |
| 3 | RATIFY APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: FIRSTENERGY CORP. MEETING DATE: 05/17/2005 | ||||
| TICKER: FE SECURITY ID: 337932107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT A.J. ALEXANDER AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT R.W. MAIER AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT R.N. POKELWALDT AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT W.M. TAYLOR AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT J.T. WILLIAMS, SR. AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | For |
| 3 | SHAREHOLDER PROPOSAL | Shareholder | Against | Against |
| 4 | SHAREHOLDER PROPOSAL | Shareholder | Against | For |
| 5 | SHAREHOLDER PROPOSAL | Shareholder | Against | Against |
| ISSUER NAME: GOLDEN TELECOM, INC. MEETING DATE: 05/19/2005 | ||||
| TICKER: GLDN SECURITY ID: 38122G107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT VLADIMIR ANDROSIK AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT PETR AVEN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT MICHAEL CALVEY AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ASHLEY DUNSTER AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT DAVID HERMAN AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT KJELL JOHNSEN AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT DMITRY KOROL AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT ANDREY KOSOGOV AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT PAVEL KULIKOV AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT JAN THYGESEN AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE SELECTION OF OOO ERNST & YOUNG AS INDEPENDENT PUBLIC AUDITORS OF THE COMPANY1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: INPHONIC, INC. MEETING DATE: 06/23/2005 | ||||
| TICKER: INPC SECURITY ID: 45772G105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT DAVID A. STEINBERG AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JAY HOAG AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE SELECTION OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | For |
| ISSUER NAME: IOWA TELECOMMUNICATIONS SERVICES INC MEETING DATE: 06/16/2005 | ||||
| TICKER: IWA SECURITY ID: 462594201 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MR. ALAN L. WELLS AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT MR. BRIAN P. FRIEDMAN AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS IOWA TELECOM S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2005.1 | Management | For | For |
| 3 | TO RATIFY AND ADOPT THE 2005 STOCK INCENTIVE PLAN. | Management | For | Against |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: KEYSPAN CORPORATION MEETING DATE: 05/20/2005 | ||||
| TICKER: KSE SECURITY ID: 49337W100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT ROBERT B. CATELL AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT ANDREA S. CHRISTENSEN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT ROBERT J. FANI AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ALAN H. FISHMAN AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT JAMES R. JONES AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT JAMES L.LAROCCA AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT GLORIA C. LARSON AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT STEPHEN W. MCKESSY AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT EDWARD D. MILLER AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT VIKKI L. PRYOR AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED ACCOUNTANTS.1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: MCI INC. MEETING DATE: 05/16/2005 | ||||
| TICKER: MCIP SECURITY ID: 552691107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT N. KATZENBACH AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT D. BERESFORD AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT M. CAPELLAS AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT W. GREGORY AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT J. HABERKORN AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT L. HARRIS AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT E. HOLDER AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT M. NEPORENT AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT C. ROGERS, JR. AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT OF KPMG AS INDEPENDENT AUDITORS FOR 2005. | Management | For | For |
| ISSUER NAME: NEXTEL PARTNERS, INC. MEETING DATE: 05/12/2005 | ||||
| TICKER: NXTP SECURITY ID: 65333F107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT ADAM ARON AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JOHN CHAPPLE AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT STEVEN B. DODGE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT TIMOTHY DONAHUE AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT ARTHUR W. HARRIGAN, JR. AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT JAMES N. PERRY, JR. AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT CAROLINE H. RAPKING AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT DENNIS M. WEIBLING AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT BY THE AUDIT COMMITTEE OF INDEPENDENT PUBLIC ACCOUNTANTS. | Management | For | For |
| ISSUER NAME: NII HOLDINGS, INC. MEETING DATE: 04/27/2005 | ||||
| TICKER: NIHD SECURITY ID: 62913F201 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT NEAL P. GOLDMAN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT CHARLES M. HERINGTON AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JOHN W. RISNER AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2005. | Management | For | For |
| ISSUER NAME: NRG ENERGY, INC. MEETING DATE: 05/24/2005 | ||||
| TICKER: NRG SECURITY ID: 629377508 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT LAWRENCE S. COBEN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT HERBERT H. TATE AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT WALTER R. YOUNG AS A DIRECTOR | Management | For | For |
| 2 | AMENDMENT TO ARTICLE SEVEN OF THE AMENDED AND RESTATED CERTIFICATE OF INCORPORATION | Management | For | Against |
| 3 | AMENDMENT DELETING ARTICLE SIXTEEN OF THE AMENDED AND RESTATED CERTIFICATE OF INCORPORATION | Management | For | For |
| 4 | RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | For |
| ISSUER NAME: NTL INCORPORATED MEETING DATE: 05/19/2005 | ||||
| TICKER: NTLI SECURITY ID: 62940M104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JAMES F. MOONEY AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT WILLIAM R. HUFF AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT GEORGE R. ZOFFINGER AS A DIRECTOR | Management | For | For |
| 2 | RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005.1 | Management | For | For |
| 3 | ADOPTION OF SHARE ISSUANCE FEATURE OF THE NTL GROUP 2005 BONUS SCHEME. | Management | For | For |
| 4 | ADOPTION OF SHARE ISSUANCE FEATURE OF THE NTL LONG TERM INCENTIVE. | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: ONEOK, INC. MEETING DATE: 05/19/2005 | ||||
| TICKER: OKE SECURITY ID: 682680103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JAMES C. DAY* AS A DIRECTOR1 | Management | For | For |
| 1.2 | ELECT DAVID L. KYLE* AS A DIRECTOR1 | Management | For | For |
| 1.3 | ELECT BERT H. MACKIE* AS A DIRECTOR1 | Management | For | For |
| 1.4 | ELECT MOLLIE B. WILLIFORD* AS A DIRECTOR1 | Management | For | For |
| 1.5 | ELECT EDUARDO A. RODRIGUEZ** AS A DIRECTOR1 | Management | For | For |
| 2 | TO APPROVE THE ONEOK, INC. EQUITY COMPENSATION PLAN. | Management | For | Against |
| 3 | TO APPROVE AN AMENDMENT TO THE ONEOK, INC. EMPLOYEE STOCK PURCHASE PLAN. | Management | For | For |
| 4 | TO RATIFY THE SELECTION OF KPMG LLP AS INDEPENDENT AUDITOR OF THE CORPORATION FOR THE 2005 FISCAL YEAR. | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: PEOPLES ENERGY CORPORATION MEETING DATE: 02/25/2005 | ||||
| TICKER: PGL SECURITY ID: 711030106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT K.E. BAILEY AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT J.R. BORIS AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT W.J. BRODSKY AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT P. CAFFERTY AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT D.S. FERGUSON AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT J.W. HIGGINS AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT D.C. JAIN AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT M.E. LAVIN AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT H.J. LIVINGSTON, JR. AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT T.M. PATRICK AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT R.P. TOFT AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT A.R. VELASQUEZ AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF SHAREHOLDER PROPOSAL | Management | Unknown | For |
| ISSUER NAME: PG&E CORPORATION MEETING DATE: 04/20/2005 | ||||
| TICKER: PCG SECURITY ID: 69331C108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT DAVID R. ANDREWS AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT LESLIE S. BILLER AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT DAVID A. COULTER AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT C. LEE COX AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT PETER A. DARBEE AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT ROBERT D. GLYNN, JR AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT MARY S. METZ AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT BARBARA L. RAMBO AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT BARRY LAWSON WILLIAMS AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT PUBLIC ACCOUNTANTS | Management | For | For |
| 3 | ADOPTION OF A NEW LONG-TERM INCENTIVE PLAN | Management | For | Against |
| 4 | EXPENSE STOCK OPTIONS | Shareholder | Against | Against |
| 5 | RADIOACTIVE WASTES | Shareholder | Against | Against |
| 6 | POISON PILL | Shareholder | Against | Against |
| 7 | PERFORMANCE-BASED OPTIONS | Shareholder | Against | Against |
| 8 | FUTURE GOLDEN PARACHUTES | Shareholder | Against | Against |
| ISSUER NAME: PIEDMONT NATURAL GAS COMPANY, INC. MEETING DATE: 03/04/2005 | ||||
| TICKER: PNY SECURITY ID: 720186105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MALCOLM E. EVERETT III AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT MURIEL W. HELMS AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT FRANK B. HOLDING, JR. AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT MINOR M. SHAW AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: PPL CORPORATION MEETING DATE: 04/22/2005 | ||||
| TICKER: PPL SECURITY ID: 69351T106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT FREDERICK M. BERNTHAL AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JOHN R. BIGGAR AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT LOUISE K. GOESER AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITOR | Management | For | For |
| ISSUER NAME: PRICE COMMUNICATIONS CORPORATION MEETING DATE: 05/03/2005 | ||||
| TICKER: PR SECURITY ID: 741437305 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT STUART B. ROSENSTEIN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT FRANK OSBORN AS A DIRECTOR | Management | For | For |
| ISSUER NAME: QWEST COMMUNICATIONS INTERNATIONAL I MEETING DATE: 05/24/2005 | ||||
| TICKER: Q SECURITY ID: 749121109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT LINDA G. ALVARADO AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT CANNON Y. HARVEY AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT RICHARD C. NOTEBAERT AS A DIRECTOR | Management | For | For |
| 2 | MANAGEMENT PROPOSAL - RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT AUDITOR FOR 2005 YOUR BOARD OF DIRECTORS RECOMMENDS YOU VOTE FOR ITEM 2. | Management | For | For |
| 3 | STOCKHOLDER PROPOSAL - REQUESTING WE ADOPT A POLICY THAT ALL MEMBERS OF CERTAIN COMMITTEES OF THE BOARD OF DIRECTORS SHALL BE INDEPENDENT UNDER A DEFINITION OF INDEPENDENCE ADOPTED BY THE COUNCIL OF INSTITUTIONAL INVESTORS YOUR BOARD OF DIRECTORS RECOMMENDS YOU VOTE AGAINST ITEM 3. | Shareholder | Against | Against |
| 4 | STOCKHOLDER PROPOSAL - REQUESTING WE SEEK STOCKHOLDER APPROVAL OF CERTAIN BENEFITS FOR SENIOR EXECUTIVES UNDER OUR NON-QUALIFIED PENSION PLAN OR ANY SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN YOUR BOARD OF DIRECTORS RECOMMENDS YOU VOTE AGAINST ITEM 4. | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL - REQUESTING WE ADOPT A POLICY WHEREBY, IN THE EVENT OF A SUBSTANTIAL RESTATEMENT OF FINANCIAL RESULTS, OUR BOARD SHALL REVIEW CERTAIN PERFORMANCE-BASED COMPENSATION MADE TO EXECUTIVE OFFICERS AND PURSUE LEGAL REMEDIES TO RECOVER SUCH COMPENSATION YOUR BOARD OF DIRECTORS RECOMMENDS YOU VOTE AGAINST ITEM 5. | Shareholder | Against | Against |
| ISSUER NAME: SBC COMMUNICATIONS INC. MEETING DATE: 04/29/2005 | ||||
| TICKER: SBC SECURITY ID: 78387G103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT GILBERT F. AMELIO AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT AUGUST A. BUSCH III AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT MARTIN K. EBY, JR. AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT JAMES A. HENDERSON AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT CHARLES F. KNIGHT AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT LYNN M. MARTIN AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT JOHN B. MCCOY AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT MARY S. METZ AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT TONI REMBE AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT S. DONLEY RITCHEY AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT JOYCE M. ROCHE AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT LAURA D'ANDREA TYSON AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT PATRICIA P. UPTON AS A DIRECTOR | Management | For | For |
| 1.14 | ELECT EDWARD E. WHITACRE, JR AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | For |
| 3 | APPROVAL OF STOCK PURCHASE AND DEFERRAL PLAN | Management | For | For |
| 4 | STOCKHOLDER PROPOSAL A | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL B | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL C | Shareholder | Against | Against |
| 7 | STOCKHOLDER PROPOSAL D | Shareholder | Against | For |
| ISSUER NAME: SOUTHERN UNION COMPANY MEETING DATE: 05/09/2005 | ||||
| TICKER: SUG SECURITY ID: 844030106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO APPROVE AN AMENDMENT TO THE COMPANY S CERTIFICATE OF INCORPORATION TO ELIMINATE THE CLASSIFICATION OF DIRECTORS. | Management | For | For |
| 2 | TO APPROVE AMENDMENTS TO THE COMPANY S CERTIFICATE OF INCORPORATION TO ELIMINATE THE REQUIREMENT THAT DIRECTORS MAY BE REMOVED ONLY FOR CAUSE AND THE PROVISION SPECIFYING WHEN CAUSE FOR REMOVAL SHALL BE CONSTRUED TO EXIST. | Management | For | For |
| 3 | TO APPROVE AN AMENDMENT TO THE COMPANY S CERTIFICATE OF INCORPORATION TO ELIMINATE CUMULATIVE VOTING. | Management | For | Against |
| 4 | TO APPROVE AN AMENDMENT TO THE COMPANY S CERTIFICATE OF INCORPORATION TO ADD A DIRECTOR QUALIFICATION THAT PERMITS ANY INDIVIDUAL WHO IS AN OFFICER OF THE COMPANY TO BE ELIGIBLE TO BE A DIRECTOR, AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT. | Management | For | For |
| 5 | TO REMOVE ALL OF THE CURRENT DIRECTORS WITHOUT CAUSE. | Management | For | For |
| 6.1 | ELECT DAVID BRODSKY AS A DIRECTOR | Management | For | For |
| 6.2 | ELECT FRANK W. DENIUS AS A DIRECTOR | Management | For | For |
| 6.3 | ELECT KURT A. GITTER, M.D. AS A DIRECTOR | Management | For | For |
| 6.4 | ELECT HERBERT H. JACOBI AS A DIRECTOR | Management | For | For |
| 6.5 | ELECT THOMAS F. KARAM AS A DIRECTOR | Management | For | For |
| 6.6 | ELECT ADAM M. LINDEMANN AS A DIRECTOR | Management | For | For |
| 6.7 | ELECT GEORGE L. LINDEMANN AS A DIRECTOR | Management | For | For |
| 6.8 | ELECT THOMAS N. MCCARTER, III AS A DIRECTOR | Management | For | For |
| 6.9 | ELECT GEORGE ROUNTREE, III AS A DIRECTOR | Management | For | For |
| 7 | TO ELECT DAVID BRODSKY.**1 | Management | For | For |
| 8 | TO ELECT HERBERT H. JACOBI.**1 | Management | For | For |
| 9 | TO ELECT THOMAS F. KARAM.**1 | Management | For | For |
| 10 | TO ELECT GEORGE L. LINDEMANN.**1 | Management | For | For |
| 11 | TO AMEND THE COMPANY S 2003 STOCK AND INCENTIVE PLAN. | Management | For | Against |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: SPECTRASITE, INC. MEETING DATE: 05/02/2005 | ||||
| TICKER: SSI SECURITY ID: 84761M104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT STEPHEN H. CLARK AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT TIMOTHY G. BILTZ AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT PAUL M. ALBERT, JR. AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT JOHN F. CHLEBOWSKI AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT DEAN J. DOUGLAS AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT PATRICIA L. HIGGINS AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT SAMME L. THOMPSON AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT KARI-PEKKA WILSKA AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE THE SPECTRASITE, INC. 2005 INCENTIVE PLAN. | Management | For | For |
| 3 | TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2005.1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: THE AES CORPORATION MEETING DATE: 04/28/2005 | ||||
| TICKER: AES SECURITY ID: 00130H105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT RICHARD DARMAN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT PAUL T. HANRAHAN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT KRISTINA M. JOHNSON AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT JOHN A. KOSKINEN AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT PHILIP LADER AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT JOHN H. MCARTHUR AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT SANDRA O. MOOSE AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT PHILIP A. ODEEN AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT CHARLES O. ROSSOTTI AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT SVEN SANDSTROM AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT ROGER W. SANT AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS. | Management | For | For |
| ISSUER NAME: THE DIRECTV GROUP, INC. MEETING DATE: 06/01/2005 | ||||
| TICKER: DTV SECURITY ID: 25459L106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT RALPH F. BOYD, JR. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JAMES M. CORNELIUS AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT DAVID F. DEVOE AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT PUBLIC ACCOUNTANTS | Management | For | For |
| ISSUER NAME: TXU CORP. MEETING DATE: 05/20/2005 | ||||
| TICKER: TXU SECURITY ID: 873168108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT DEREK C. BONHAM AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT E. GAIL DE PLANQUE AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT WILLIAM M. GRIFFIN AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT KERNEY LADAY AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT JACK E. LITTLE AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT ERLE NYE AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT J.E. OESTERREICHER AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT MICHAEL W. RANGER AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT HERBERT H. RICHARDSON AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT C. JOHN WILDER AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF THE 2005 OMNIBUS INCENTIVE PLAN | Management | For | Against |
| 3 | APPROVAL OF AUDITORS - DELOITTE & TOUCHE LLP1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: UGI CORPORATION MEETING DATE: 02/23/2005 | ||||
| TICKER: UGI SECURITY ID: 902681105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT J.W. STRATTON AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT S.D. BAN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT R.C. GOZON AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT L.R. GREENBERG AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT T.F. DONOVAN AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT M.O. SCHLANGER AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT A. POL AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT E.E. JONES AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT PUBLIC ACCOUNTANTS | Management | For | For |
| ISSUER NAME: VERIZON COMMUNICATIONS INC. MEETING DATE: 05/05/2005 | ||||
| TICKER: VZ SECURITY ID: 92343V104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT J.R. BARKER AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT R.L. CARRION AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT R.W. LANE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT S.O. MOOSE AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT J. NEUBAUER AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT T.H. O'BRIEN AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT H.B. PRICE AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT I.G. SEIDENBERG AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT W.V. SHIPLEY AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT J.R. STAFFORD AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT R.D. STOREY AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | For |
| 3 | CUMULATIVE VOTING | Shareholder | Against | Abstain |
| 4 | MAJORITY VOTE FOR ELECTION OF DIRECTORS | Shareholder | Against | Against |
| 5 | BOARD COMPOSITION | Shareholder | Against | Against |
| 6 | SEPARATE CHAIRMAN AND CEO | Shareholder | Against | Against |
| 7 | DIRECTORS LIABILITY | Shareholder | Against | Against |
| 8 | REPORT ON POLITICAL CONTRIBUTIONS | Shareholder | Against | Against |
| ISSUER NAME: VODAFONE GROUP PLC MEETING DATE: 07/27/2004 | ||||
| TICKER: VOD SECURITY ID: 92857W100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO RECEIVE THE REPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS | Management | For | For |
| 2 | TO APPROVE THE REMUNERATION REPORT | Management | For | For |
| 3 | TO RE-ELECT PETER BAMFORD AS A DIRECTOR | Management | For | For |
| 4 | TO RE-ELECT JULIAN HORN-SMITH AS A DIRECTOR | Management | For | For |
| 5 | TO RE-ELECT SIR DAVID SCHOLEY AS A DIRECTOR (MEMBER OF THE NOMINATIONS AND GOVERNANCE AND AUDIT COMMITTEE)1 | Management | For | For |
| 6 | TO ELECT LUC VANDEVELDE AS A DIRECTOR (MEMBER OF THE REMUNERATION COMMITTEE)1 | Management | For | For |
| 7 | TO APPROVE A FINAL DIVIDEND OF 1.07800 PENCE PER ORDINARY SHARE | Management | For | For |
| 8 | TO RE-APPOINT DELOITTE & TOUCHE LLP AS AUDITORS1 | Management | For | For |
| 9 | TO AUTHORIZE THE AUDIT COMMITTEE TO DETERMINE THE AUDITORS REMUNERATION | Management | For | For |
| 10 | TO AUTHORIZE DONATIONS UNDER THE POLITICAL PARTIES, ELECTIONS AND REFERENDUMS ACT 2000 | Management | For | For |
| 11 | TO RENEW AUTHORITY TO ALLOT SHARES UNDER ARTICLE 16.2 OF THE COMPANY S ARTICLES OF ASSOCIATION | Management | For | For |
| 12 | TO RENEW AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS UNDER ARTICLE 16.3 OF THE COMPANY S ARTICLES OF ASSOCIATION+1 | Management | For | For |
| 13 | TO AUTHORIZE THE COMPANY S PURCHASE OF ITS OWN SHARES+1 | Management | For | For |
| 14 | TO AUTHORIZE THE COMPANY S PURCHASE OF ITS OWN SHARES PURSUANT TO CONTINGENT PURCHASE CONTRACTS AND OFF-MARKET PURCHASES+1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: WESTAR ENERGY, INC. MEETING DATE: 05/17/2005 | ||||
| TICKER: WR SECURITY ID: 95709T100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MOLLIE H. CARTER AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JERRY B. FARLEY AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JAMES S. HAINES, JR. AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ARTHUR B. KRAUSE AS A DIRECTOR | Management | For | For |
| 2 | AMENDMENT TO ARTICLES OF INCORPORATION THAT CHANGES THE NOTICE PERIOD FOR SUBMITTING SHAREHOLDER PROPOSALS AND SHAREHOLDER NOMINEES | Management | For | For |
| 3 | RATIFICATION AND CONFIRMATION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 20051 | Management | For | For |
| 4 | SHAREHOLDER PROPOSAL REGARDING THE PROCESS FOR NOMINATION OF A DIRECTOR | Shareholder | Against | Against |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: WISCONSIN ENERGY CORPORATION MEETING DATE: 05/05/2005 | ||||
| TICKER: WEC SECURITY ID: 976657106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JOHN F. AHEARNE AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JOHN F. BERGSTROM AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT BARBARA L. BOWLES AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ROBERT A. CORNOG AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT CURT S. CULVER AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT GALE E. KLAPPA AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT ULICE PAYNE, JR. AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT F.P. STRATTON, JR. AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT GEORGE E. WARDEBERG AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR 2005.1 | Management | For | For |
| 1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: XM SATELLITE RADIO HOLDINGS INC. MEETING DATE: 05/26/2005 | ||||
| TICKER: XMSR SECURITY ID: 983759101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT GARY M. PARSONS AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT HUGH PANERO AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT NATHANIEL A. DAVIS AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT THOMAS J. DONOHUE AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT EDDY W. HARTENSTEIN AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT GEORGE W. HAYWOOD AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT CHESTER A. HUBER, JR. AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT JOHN MENDEL AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT JARL MOHN AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT PIERCE J. ROBERTS, JR. AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT JACK SHAW AS A DIRECTOR | Management | For | For |
| 2 | RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS. | Management | For | For |