FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-03114
EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Select Portfolios
Fund Name: Select Construction and Housing Portfolio
82 DEVONSHIRE STREET, BOSTON, MA 02109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
SCOTT C.GOEBEL, 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: FEBRUARY 29
DATE OF REPORTING PERIOD: 06/30/2008
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 Select Portfolios
BY: /s/ KENNETH B. ROBINS*
KENNETH B. ROBINS, TREASURER
DATE: 08/12/2008 01:28:34 PM
*BY: /s/ CLAIRE S. WALPOLE
CLAIRE S. WALPOLE, VICE PRESIDENT, FIDELITY MANAGEMENT & RESEARCH COMPANY, PURSUANT TO A POWER OF ATTORNEY DATED JUNE 11, 2008 AND FILED HEREWITH.
VOTE SUMMARY REPORT
Select Construction and Housing Portfolio
07/01/2007- 06/30/2008
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: AMERICAN STANDARD COMPANIES INC. MEETING DATE: 09/28/2007 | ||||
| TICKER: ASD SECURITY ID: 029712106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO VOTE ON A PROPOSAL TO AMEND THE COMPANY S CERTIFICATE OF INCORPORATION TO CHANGE THE NAME OF THE COMPANY FROM AMERICAN STANDARD COMPANIES INC. TO TRANE INC. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: APARTMENT INVESTMENT AND MANAGEMENT CO. MEETING DATE: 04/28/2008 | ||||
| TICKER: AIV SECURITY ID: 03748R101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT JAMES N. BAILEY AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT TERRY CONSIDINE AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT RICHARD S. ELLWOOD AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT THOMAS L. KELTNER AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT J. LANDIS MARTIN AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT ROBERT A. MILLER AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT THOMAS L. RHODES AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT MICHAEL A. STEIN AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE SELECTION OF ERNST & YOUNG LLP, TO SERVE AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: AVALONBAY COMMUNITIES, INC. MEETING DATE: 05/21/2008 | ||||
| TICKER: AVB SECURITY ID: 053484101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT BRYCE BLAIR AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT BRUCE A. CHOATE AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT JOHN J. HEALY, JR. AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT GILBERT M. MEYER AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT TIMOTHY J. NAUGHTON AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT LANCE R. PRIMIS AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT PETER S. RUMMELL AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT H. JAY SARLES AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: BRE PROPERTIES, INC. MEETING DATE: 05/15/2008 | ||||
| TICKER: BRE SECURITY ID: 05564E106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT PAULA F. DOWNEY AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT ROBERT A. FIDDAMAN AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT IRVING F. LYONS III AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT EDWARD E. MACE AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT CHRISTOPHER J. MCGURK AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT MATTHEW T. MEDEIROS AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT CONSTANCE B. MOORE AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT JEANNE R. MYERSON AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT THOMAS E. ROBINSON AS A DIRECTOR | Management | For | For |
| 2 | APPROVE THE AMENDED AND RESTATED 1999 BRE STOCK INCENTIVE PLAN TO, AMONG OTHER THINGS, EXTEND THE TERM OF THE 1999 BRE STOCK INCENTIVE PLAN, AS PREVIOUSLY AMENDED, FOR 10 YEARS AND TO INCREASE THE MAXIMUM NUMBER OF SHARES RESERVED FOR ISSUANCE AT ANY TIME THEREAFTER FROM 3,500,000 SHARES TO 4,500,000. | Management | For | Against |
| 3 | RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: BROOKDALE SENIOR LIVING INC. MEETING DATE: 06/05/2008 | ||||
| TICKER: BKD SECURITY ID: 112463104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT WESLEY R. EDENS AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT FRANK M. BUMSTEAD AS A DIRECTOR | Management | For | For |
| 2 | THE RATIFICATION OF THE AUDIT COMMITTEE S APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR BROOKDALE SENIOR LIVING INC. FOR THE 2008 FISCAL YEAR. | Management | For | For |
| 3 | THE ADOPTION OF THE BROOKDALE SENIOR LIVING INC. ASSOCIATE STOCK PURCHASE PLAN. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CAMDEN PROPERTY TRUST MEETING DATE: 05/06/2008 | ||||
| TICKER: CPT SECURITY ID: 133131102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT RICHARD J. CAMPO AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT WILLIAM R. COOPER AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT SCOTT S. INGRAHAM AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT LEWIS A. LEVEY AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT WILLIAM B. MCGUIRE, JR. AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT WILLIAM F. PAULSEN AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT D. KEITH ODEN AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT F. GARDNER PARKER AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT STEVEN A. WEBSTER AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CB RICHARD ELLIS GROUP, INC. MEETING DATE: 06/02/2008 | ||||
| TICKER: CBG SECURITY ID: 12497T101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT RICHARD C. BLUM AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT PATRICE M. DANIELS AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT SENATOR T.A. DASCHLE AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT CURTIS F. FEENY AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT BRADFORD M. FREEMAN AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT MICHAEL KANTOR AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT FREDERIC V. MALEK AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT ROBERT E. SULENTIC AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT JANE J. SU AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT BRETT WHITE AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT GARY L. WILSON AS A DIRECTOR | Management | For | For |
| 1. 12 | ELECT RAY WIRTA AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | For |
| 3 | APPROVAL OF THE SECOND AMENDED AND RESTATED 2004 STOCK INCENTIVE PLAN | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CBL & ASSOCIATES PROPERTIES, INC. MEETING DATE: 05/05/2008 | ||||
| TICKER: CBL SECURITY ID: 124830100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT CHARLES B. LEBOVITZ AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT CLAUDE M. BALLARD AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT LEO FIELDS AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT GARY L. BRYENTON AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE SELECTION OF DELOITTE & TOUCHE, LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE COMPANY S FISCAL YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CENTEX CORPORATION MEETING DATE: 07/12/2007 | ||||
| TICKER: CTX SECURITY ID: 152312104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT CLINT W. MURCHISON, III AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT FREDERIC M. POSES AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT DAVID W. QUINN AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CHAMPION ENTERPRISES, INC. MEETING DATE: 05/07/2008 | ||||
| TICKER: CHB SECURITY ID: 158496109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT ROBERT W. ANESTIS AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT ERIC S. BELSKY AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT WILLIAM C. GRIFFITHS AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT SELWYN ISAKOW AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT BRIAN D. JELLISON AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT G. MICHAEL LYNCH AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT THOMAS A. MADDEN AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT SHIRLEY D. PETERSON AS A DIRECTOR | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CHICAGO BRIDGE & IRON COMPANY N.V. MEETING DATE: 11/16/2007 | ||||
| TICKER: CBI SECURITY ID: 167250109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO APPROVE AND AUTHORIZE THE ACQUISITION OF THE LUMMUS GLOBAL BUSINESS OF ABB ASEA BROWN BOVERI LTD. BY CB&I OR DIRECT OR INDIRECT WHOLLY-OWNED SUBSIDIARIES OF CB&I. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CHICAGO BRIDGE & IRON COMPANY N.V. MEETING DATE: 05/08/2008 | ||||
| TICKER: CBI SECURITY ID: 167250109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT GARY L. NEALE AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT MARSHA C. WILLIAMS AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT J. CHARLES JENNETT AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT LARRY D. MCVAY AS A DIRECTOR | Management | For | For |
| 2 | TO AUTHORIZE THE PREPARATION OF THE ANNUAL ACCOUNTS OF THE COMPANY AND THE ANNUAL REPORT IN THE ENGLISH LANGUAGE AND TO ADOPT THE DUTCH STATUTORY ANNUAL ACCOUNTS OF THE COMPANY FOR THE YEAR ENDED DECEMBER 31, 2007. | Management | For | For |
| 3 | TO DISCHARGE THE SOLE MEMBER OF THE MANAGEMENT BOARD FROM LIABILITY IN RESPECT OF THE EXERCISE OF ITS DUTIES DURING THE YEAR ENDED DECEMBER 31, 2007. | Management | For | For |
| 4 | TO DISCHARGE THE MEMBERS OF THE SUPERVISORY BOARD FROM LIABILITY IN RESPECT OF THE EXERCISE OF THEIR DUTIES DURING THE YEAR ENDED DECEMBER 31, 2007. | Management | For | For |
| 5 | TO APPROVE THE FINAL DIVIDEND FOR THE YEAR ENDED DECEMBER 31, 2007. | Management | For | For |
| 6 | TO APPROVE THE EXTENSION OF THE AUTHORITY OF THE MANAGEMENT BOARD TO REPURCHASE UP TO 10% OF THE ISSUED SHARE CAPITAL OF THE COMPANY UNTIL NOVEMBER 8, 2009. | Management | For | For |
| 7 | TO APPOINT ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| 8 | TO APPROVE THE AMENDMENT OF THE ARTICLES OF ASSOCIATION TO PERMIT RECORD DATES UP TO 30 DAYS PRIOR TO THE DATE OF A SHAREHOLDER MEETING. | Management | For | For |
| 9 | TO APPROVE THE AMENDMENT OF THE 1999 LONG-TERM INCENTIVE PLAN. | Management | For | For |
| 10 | TO APPROVE THE EXTENSION OF THE AUTHORITY OF THE SUPERVISORY BOARD TO ISSUE AND/OR GRANT RIGHTS TO ACQUIRE SHARES (INCLUDING OPTIONS TO SUBSCRIBE FOR SHARES) AND TO LIMIT OR EXCLUDE THE PREEMPTIVE RIGHTS OF SHAREHOLDERS OF THE COMPANY UNTIL MAY 8, 2013. | Management | For | For |
| 11 | TO APPROVE THE COMPENSATION OF THE SUPERVISORY BOARD MEMBER WHO SERVES AS THE NON-EXECUTIVE CHAIRMAN. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CHINA OVERSEAS LAND & INVESTMENT LTD MEETING DATE: 12/27/2007 | ||||
| TICKER: -- SECURITY ID: Y15004107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | APPROVE AND RATIFY THE SHAREHOLDERS AGREEMENT AS SPECIFIED, AND THE TRANSACTIONS CONTEMPLATED THEREUNDER AND IMPLEMENTATION THEREOF; AND AUTHORIZE ANY ONE DIRECTOR OF THE COMPANY AND ON BEHALF OF THE COMPANY TO EXECUTE ALL SUCH DOCUMENTS, INSTRUMENTS AND AGREEMENTS AND TO DO ALL SUCH ACTS OR THINGS DEEMED BY HIM TO BE INCIDENTAL TO, ANCILLARY TO OR IN CONNECTION WITH THE MATTERS CONTEMPLATED IN THE SHAREHOLDERS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED THEREUNDER INCLUDING THE AFFIXING OF COM... | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CHINA OVERSEAS LAND & INVESTMENT LTD MEETING DATE: 06/12/2008 | ||||
| TICKER: -- SECURITY ID: Y15004107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | RECEIVE AND ADOPT THE AUDITED FINANCIAL STATEMENTS AND THE REPORTS OF THE DIRECTORS AND THE AUDITORS FOR THE YE 31 DEC 2007 | Management | For | For |
| 2 | RE-ELECT MR. HAO JIAN MIN AS A DIRECTOR | Management | For | For |
| 3 | RE-ELECT MR. WU JIANBIN AS A DIRECTOR | Management | For | For |
| 4 | RE-ELECT MR. LAM KWONG SIU AS A DIRECTOR | Management | For | For |
| 5 | RE-ELECT DR. WONG YING HO, KENNEDY AS A DIRECTOR | Management | For | For |
| 6 | AUTHORIZE THE BOARD TO FIX THE REMUNERATION OF THE DIRECTORS | Management | For | For |
| 7 | DECLARE A FINAL DIVIDEND FOR THE YE 31 DEC 2007 OF HKD 7 CENTS PER SHARE | Management | For | For |
| 8 | RE-APPOINT DELOITTE TOUCHE TOHMATSU AS THE AUDITORS AND AUTHORIZE THE BOARD TO FIX THEIR REMUNERATION | Management | For | For |
| 9 | AUTHORIZE THE DIRECTORS OF THE COMPANY TO PURCHASE SHARES IN THE CAPITAL OF THE COMPANY DURING THE RELEVANT PERIOD, ON THE STOCK EXCHANGE OF HONG KONG LIMITED THE STOCK EXCHANGE OR ANY OTHER STOCK EXCHANGE RECOGNIZED FOR THIS PURPOSE BY THE SECURITIES AND FUTURES COMMISSION OF HONG KONG AND THE STOCK EXCHANGE UNDER THE HONG KONG CODE ON SHARE REPURCHASES, NOT EXCEEDING 10% OF THE AGGREGATE NOMINAL AMOUNT OF THE SHARE CAPITAL OF THE COMPANY IN ISSUE AS AT THE DATE OF PASSING THIS RESOLUTION; AUTH... | Management | For | For |
| 10 | AUTHORIZE THE DIRECTORS OF THE COMPANY, PURSUANT TO SECTION 57B OF THE COMPANIES ORDINANCE CHAPTER 32 OF THE LAWS OF HONG KONG TO ALLOT, ISSUE AND DEAL WITH ADDITIONAL SHARES IN THE CAPITAL OF THE COMPANY AND TO MAKE OR GRANT OFFERS, AGREEMENTS, OPTIONS AND RIGHTS OF EXCHANGE DURING THE RELEVANT PERIOD, NOT EXCEEDING THE AGGREGATE OF A) 20% OF THE SHARE CAPITAL OF THE COMPANY; AND B) THE NOMINAL AMOUNT OF SHARE CAPITAL REPURCHASED UP TO 10% OF THE AGGREGATE NOMINAL AMOUNT OF THE SHARE CAPITAL, O... | Management | For | Abstain |
| 11 | APPROVE, CONDITIONAL UPON THE PASSING OF THE RESOLUTIONS 6 AND 7 TO EXTEND THE GENERAL MANDATE GRANTED TO THE DIRECTORS OF THE COMPANY PURSUANT TO THE RESOLUTION 7, BY AN AMOUNT REPRESENTING THE AGGREGATE NOMINAL AMOUNT OF SHARE CAPITAL OF THE COMPANY PURCHASED BY THE COMPANY UNDER THE AUTHORITY GRANTED PURSUANT TO THE RESOLUTION 6, PROVIDED THAT SUCH AMOUNT SHALL NOT EXCEED 10% OF THE AGGREGATE NOMINAL AMOUNT OF THE ISSUED SHARE CAPITAL OF THE COMPANY AS AT THE DATE OF PASSING THIS RESOLUTION | Management | For | Abstain |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: D.R. HORTON, INC. MEETING DATE: 01/31/2008 | ||||
| TICKER: DHI SECURITY ID: 23331A109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT DONALD R. HORTON AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT BRADLEY S. ANDERSON AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT MICHAEL R. BUCHANAN AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT RICHARD I. GALLAND AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT MICHAEL W. HEWATT AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT BOB G. SCOTT AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT DONALD J. TOMNITZ AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT BILL W. WHEAT AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE AN AMENDMENT AND RESTATEMENT OF THE AMENDED AND RESTATED 2000 INCENTIVE BONUS PLAN WITH RESPECT TO CURRENT AND FUTURE COVERED EMPLOYEES (DETERMINED UNDER SECTION 162(M) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED) AND OTHER PARTICIPANTS. | Management | For | For |
| 3 | TO APPROVE THE 2008 PERFORMANCE UNIT PLAN WITH RESPECT TO CURRENT AND FUTURE COVERED EMPLOYEES (DETERMINED UNDER SECTION 162(M) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED) AND OTHER PARTICIPANTS. | Management | For | For |
| 4 | TO VOTE ON A STOCKHOLDER PROPOSAL CONCERNING A PAY-FOR-SUPERIOR-PERFORMANCE STANDARD FOR EXECUTIVE COMPENSATION. | Shareholder | Against | Against |
| 5 | TO CONDUCT OTHER BUSINESS PROPERLY BROUGHT BEFORE THE MEETING. | Management | For | Abstain |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: DEVELOPERS DIVERSIFIED REALTY CORP. MEETING DATE: 05/13/2008 | ||||
| TICKER: DDR SECURITY ID: 251591103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT DEAN S. ADLER AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT TERRANCE R. AHERN AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT ROBERT H. GIDEL AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT VICTOR B. MACFARLANE AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT CRAIG MACNAB AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT SCOTT D. ROULSTON AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT BARRY A. SHOLEM AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT WILLIAM B. SUMMERS, JR. AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT SCOTT A. WOLSTEIN AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE THE 2008 DEVELOPERS DIVERSIFIED REALTY CORPORATION EQUITY-BASED AWARD PLAN. | Management | For | For |
| 3 | TO APPROVE AN AMENDMENT TO THE COMPANY S AMENDED AND RESTATED ARTICLES OF INCORPORATION TO ADOPT A MAJORITY VOTE STANDARD IN UNCONTESTED ELECTIONS OF DIRECTORS. | Management | For | For |
| 4 | TO APPROVE AN AMENDMENT TO THE COMPANY S AMENDED AND RESTATED ARTICLES OF INCORPORATION TO CHANGE THE PAR VALUE OF THE COMPANY S COMMON SHARES FROM WITHOUT PAR VALUE TO $0.10 PAR VALUE PER SHARE. | Management | For | For |
| 5 | TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR THE COMPANY S FISCAL YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: EMCOR GROUP, INC. MEETING DATE: 09/18/2007 | ||||
| TICKER: EME SECURITY ID: 29084Q100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | APPROVAL OF AMENDMENT TO THE RESTATED CERTIFICATE OF INCORPORATION, AS AMENDED OF EMCOR GROUP, INC. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: EMCOR GROUP, INC. MEETING DATE: 06/18/2008 | ||||
| TICKER: EME SECURITY ID: 29084Q100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT F. MACINNIS AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT S. BERSHAD AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT D. BROWN AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT L. BUMP AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT A. FRIED AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT R. HAMM AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT J. RYAN AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT M. YONKER AS A DIRECTOR | Management | For | For |
| 2 | REAPPROVAL OF THE KEY EXECUTIVE INCENTIVE BONUS PLAN. | Management | For | For |
| 3 | APPROVAL OF THE EMPLOYEE STOCK PURCHASE PLAN. | Management | For | For |
| 4 | APPOINTMENT OF ERNST & YOUNG AS INDEPENDENT AUDITORS. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: EMERITUS CORPORATION MEETING DATE: 08/29/2007 | ||||
| TICKER: ESC SECURITY ID: 291005106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | APPROVAL OF THE ISSUANCE OF UP TO 8,500,000 SHARES OF COMMON STOCK, PURSUANT TO THE TERMS OF AN AGREEMENT AND PLAN OF MERGER DATED AS OF MARCH 29, 2007, AMONG EMERITUS, BOSTON PROJECT ACQUISITION CORP., SUMMERVILLE SENIOR LIVING, INC., AP SUMMERVILLE, LLC, AP SUMMERVILLE II, LLC, DANIEL R. BATY AND SARATOGA PARTNERS IV, LP. | Management | For | For |
| 2. 1 | ELECT STANLEY L. BATY AS A DIRECTOR | Management | For | For |
| 2. 2 | ELECT RAYMOND R. BRANDSTROM AS A DIRECTOR | Management | For | For |
| 2. 3 | ELECT T. MICHAEL YOUNG AS A DIRECTOR | Management | For | For |
| 3 | APPROVAL OF AMENDMENTS TO OUR RESTATED ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF EMERITUS COMMON STOCK TO 100 MILLION AND TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF EMERITUS PREFERRED STOCK TO 20 MILLION. | Management | For | For |
| 4 | APPROVAL OF AMENDMENTS TO OUR 2006 EQUITY INCENTIVE PLAN TO INCREASE THE NUMBER OF SHARES TO 3 MILLION AND TO INCREASE THE SHARE LIMIT ON INDIVIDUAL AWARDS. | Management | For | Against |
| 5 | RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2007. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: EQUITY RESIDENTIAL MEETING DATE: 06/10/2008 | ||||
| TICKER: EQR SECURITY ID: 29476L107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT JOHN W. ALEXANDER AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT CHARLES L. ATWOOD AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT STEPHEN O. EVANS AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT BOONE A. KNOX AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT JOHN E. NEAL AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT DAVID J. NEITHERCUT AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT DESIREE G. ROGERS AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT SHELI Z. ROSENBERG AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT GERALD A. SPECTOR AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT B. JOSEPH WHITE AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT SAMUEL ZELL AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR THE YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: FLUOR CORPORATION MEETING DATE: 05/07/2008 | ||||
| TICKER: FLR SECURITY ID: 343412102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | ELECTION OF CLASS III DIRECTOR: ILESANMI ADESIDA | Management | For | For |
| 2 | ELECTION OF CLASS III DIRECTOR: PETER J. FLUOR | Management | For | For |
| 3 | ELECTION OF CLASS III DIRECTOR: JOSEPH W. PRUEHER | Management | For | For |
| 4 | ELECTION OF CLASS III DIRECTOR: SUZANNE H. WOOLSEY | Management | For | For |
| 5 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS REGISTERED PUBLIC ACCOUNTING FIRM FOR 2008. | Management | For | For |
| 6 | AMENDMENT OF THE CERTIFICATE OF INCORPORATION TO INCREASE AUTHORIZED SHARES. | Management | For | Against |
| 7 | APPROVAL OF THE 2008 EXECUTIVE PERFORMANCE INCENTIVE PLAN. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: FOSTER WHEELER LTD. MEETING DATE: 01/08/2008 | ||||
| TICKER: FWLT SECURITY ID: G36535139 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | INCREASE IN THE AUTHORIZED SHARE CAPITAL OF THE COMPANY DESCRIBED IN THE PROXY STATEMENT. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: FOSTER WHEELER LTD. MEETING DATE: 05/06/2008 | ||||
| TICKER: FWLT SECURITY ID: G36535139 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT JACK A. FUSCO AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT EDWARD G. GALANTE AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT RAYMOND J. MILCHOVICH AS A DIRECTOR | Management | For | For |
| 2 | APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS FOSTER WHEELER LTD S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2008 AND AUTHORIZATION OF THE BOARD, THROUGH THE AUDIT COMMITTEE, TO SET THE FIRM S REMUNERATION. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: GENERAL GROWTH PROPERTIES, INC. MEETING DATE: 05/14/2008 | ||||
| TICKER: GGP SECURITY ID: 370021107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT MATTHEW BUCKSBAUM AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT BERNARD FREIBAUM AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT BETH STEWART AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE SELECTION OF INDEPENDENT PUBLIC ACCOUNTANTS. | Management | For | For |
| 3 | STOCKHOLDER PROPOSAL TO DECLASSIFY THE BOARD OF DIRECTORS. | Shareholder | Against | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: GRANITE CONSTRUCTION INCORPORATED MEETING DATE: 05/19/2008 | ||||
| TICKER: GVA SECURITY ID: 387328107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT DAVID H. WATTS AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT J. FERNANDO NIEBLA AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT GARY M. CUSUMANO AS A DIRECTOR | Management | For | For |
| 2 | TO ACT UPON A PROPOSAL TO AMEND THE GRANITE CONSTRUCTION INCORPORATED AMENDED AND RESTATED 1999 EQUITY INCENTIVE PLAN. | Management | For | For |
| 3 | TO RATIFY THE APPOINTMENT BY GRANITE S AUDIT/COMPLIANCE COMMITTEE OF PRICEWATERHOUSECOOPERS LLP AS GRANITE S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: GREAT LAKES DREDGE & DOCK CORPORATION MEETING DATE: 05/14/2008 | ||||
| TICKER: GLDD SECURITY ID: 390607109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT PETER R. DEUTSCH AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT NATHAN D. LEIGHT AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT DOUGLAS B. MACKIE AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE APPOINTMENT OF DELOITTE AND TOUCHE LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: HOME PROPERTIES, INC. MEETING DATE: 05/01/2008 | ||||
| TICKER: HME SECURITY ID: 437306103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT JOSH E. FIDLER AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT ALAN L. GOSULE AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT LEONARD F. HELBIG, III AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT ROGER W. KOBER AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT NORMAN P. LEENHOUTS AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT NELSON B. LEENHOUTS AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT EDWARD J. PETTINELLA AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT CLIFFORD W. SMITH, JR. AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT PAUL L. SMITH AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT AMY L. TAIT AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE THE COMPANY S 2008 STOCK BENEFIT PLAN. | Management | For | For |
| 3 | TO APPROVE AN AMENDMENT TO THE COMPANY S DEFERRED BONUS PLAN. | Management | For | For |
| 4 | TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: INFRASOURCE SERVICES, INC. MEETING DATE: 08/30/2007 | ||||
| TICKER: IFS SECURITY ID: 45684P102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | THE ADOPTION OF THE AGREEMENT AND PLAN OF MERGER, DATED AS OF MARCH 18, 2007, BY AND AMONG QUANTA SERVICES, INC., QUANTA MS ACQUISITION, INC. AND THE COMPANY (THE MERGER AGREEMENT ). | Management | For | For |
| 2 | ANY ADJOURNMENT OR POSTPONEMENT OF THE SPECIAL MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL PROXIES IN FAVOR OF THE PROPOSAL TO ADOPT THE MERGER AGREEMENT. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: INGERSOLL-RAND COMPANY LIMITED MEETING DATE: 06/04/2008 | ||||
| TICKER: IR SECURITY ID: G4776G101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT A.C. BERZIN AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT G.D. FORSEE AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT P.C. GODSOE AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT H.L. HENKEL AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT C.J. HORNER AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT H.W. LICHTENBERGER AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT T.E. MARTIN AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT P. NACHTIGAL AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT O.R. SMITH AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT R.J. SWIFT AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT T.L. WHITE AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF THE AMENDED AND RESTATED BYE-LAWS OF THE COMPANY. | Management | For | For |
| 3 | APPOINTMENT OF INDEPENDENT AUDITORS AND AUTHORIZATION OF BOARD OF DIRECTORS TO FIX THE AUDITORS REMUNERATION. | Management | For | For |
| 4 | SHAREHOLDER PROPOSAL TO REQUIRE A SHAREHOLDER VOTE ON AN ADVISORY RESOLUTION WITH RESPECT TO EXECUTIVE COMPENSATION. | Shareholder | Against | Abstain |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: JACOBS ENGINEERING GROUP INC. MEETING DATE: 01/24/2008 | ||||
| TICKER: JEC SECURITY ID: 469814107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT JOHN P. JUMPER AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT LINDA FAYNE LEVINSON AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT CRAIG L. MARTIN AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: KB HOME MEETING DATE: 04/03/2008 | ||||
| TICKER: KBH SECURITY ID: 48666K109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | ELECTION OF DIRECTOR: STEPHEN F. BOLLENBACH | Management | For | For |
| 2 | ELECTION OF DIRECTOR: TIMOTHY W. FINCHEM | Management | For | For |
| 3 | ELECTION OF DIRECTOR: J. TERRENCE LANNI | Management | For | For |
| 4 | PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS KB HOME S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING NOVEMBER 30, 2008. | Management | For | For |
| 5 | STOCKHOLDER PROPOSAL RELATING TO EXECUTIVE COMPENSATION. | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL RELATING TO STOCKHOLDER APPROVAL OF SEVERANCE AGREEMENTS. | Shareholder | Against | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: KBR, INC. MEETING DATE: 09/27/2007 | ||||
| TICKER: KBR SECURITY ID: 48242W106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT WILLIAM P. "BILL" UTT AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT JEFFREY E. CURTISS AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE SELECTION OF KMPG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM TO EXAMINE THE FINANCIAL STATEMENTS AND BOOKS AND RECORDS OF KBR, INC. FOR 2007. | Management | For | For |
| 3 | TO APPROVE THE KBR, INC. 2006 STOCK AND INCENTIVE PLAN, AS AMENDED. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: KBR, INC. MEETING DATE: 05/07/2008 | ||||
| TICKER: KBR SECURITY ID: 48242W106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT JOHN R. HUFF AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT LESTER L. LYLES AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT RICHARD J. SLATER AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE SELECTION OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM TO AUDIT THE CONSOLIDATED FINANCIAL STATEMENTS OF KBR, INC. FOR THE YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| 3 | TO APPROVE THE KBR, INC. 2009 EMPLOYEE STOCK PURCHASE PLAN. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: LENNAR CORPORATION MEETING DATE: 04/08/2008 | ||||
| TICKER: LEN SECURITY ID: 526057104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT STUART A. MILLER AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT JEFFREY SONNENFELD AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED ACCOUNTING FIRM. | Management | For | For |
| 3 | PROPOSAL TO DECLASSIFY THE BOARD OF DIRECTORS. | Management | For | For |
| 4 | STOCKHOLDER PROPOSAL REGARDING EXECUTIVE PAY FOR SUPERIOR PERFORMANCE. | Shareholder | Against | Against |
| 5 | STOCKHOLDER PROPOSAL REGARDING A COMPLIANCE COMMITTEE. | Shareholder | Against | Against |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: LOWE'S COMPANIES, INC. MEETING DATE: 05/30/2008 | ||||
| TICKER: LOW SECURITY ID: 548661107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT ROBERT A. INGRAM AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT ROBERT L. JOHNSON AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT RICHARD K. LOCHRIDGE AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | For |
| 3 | TO APPROVE THE AMENDMENTS TO LOWE S ARTICLES OF INCORPORATION ELIMINATING THE CLASSIFIED STRUCTURE OF THE BOARD OF DIRECTORS. | Management | For | For |
| 4 | SHAREHOLDER PROPOSAL REGARDING SUPERMAJORITY VOTE REQUIREMENTS. | Shareholder | Against | For |
| 5 | SHAREHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION PLAN. | Shareholder | Against | Against |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: M.D.C. HOLDINGS, INC. MEETING DATE: 04/29/2008 | ||||
| TICKER: MDC SECURITY ID: 552676108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT WILLIAM B. KEMPER AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT DAVID D. MANDARICH AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE THE M.D.C. HOLDINGS, INC. AMENDED EXECUTIVE OFFICER PERFORMANCE-BASED COMPENSATION PLAN. | Management | For | For |
| 3 | TO APPROVE A PLAN AMENDMENT TO AUTHORIZE STOCK OPTION REPRICING AND AN EXCHANGE PROGRAM TO REPRICE STOCK OPTIONS HELD BY COMPANY EMPLOYEES. | Management | For | Against |
| 4 | TO APPROVE A PLAN AMENDMENT TO REPRICE STOCK OPTIONS HELD BY THE COMPANY S INDEPENDENT DIRECTORS AND IMPLEMENT A RESTRICTIVE EXERCISABILITY PERIOD. | Management | For | Against |
| 5 | TO VOTE ON A SHAREOWNER PROPOSAL CONCERNING ESTABLISHMENT OF A NEW COMPLIANCE COMMITTEE AND REVIEW OF REGULATORY, LITIGATION AND COMPLIANCE RISKS. | Shareholder | Against | Abstain |
| 6 | TO APPROVE THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2008 FISCAL YEAR. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: MARTIN MARIETTA MATERIALS, INC. MEETING DATE: 05/28/2008 | ||||
| TICKER: MLM SECURITY ID: 573284106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT SUE W. COLE AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT MICHAEL J. QUILLEN AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT STEPHEN P. ZELNAK, JR. AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: MASCO CORPORATION MEETING DATE: 05/13/2008 | ||||
| TICKER: MAS SECURITY ID: 574599106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | ELECTION OF DIRECTOR: VERNE G. ISTOCK | Management | For | For |
| 2 | ELECTION OF DIRECTOR: DAVID L. JOHNSTON | Management | For | For |
| 3 | ELECTION OF DIRECTOR: J. MICHAEL LOSH | Management | For | For |
| 4 | ELECTION OF DIRECTOR: TIMOTHY WADHAMS | Management | For | For |
| 5 | RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS TO AUDIT THE COMPANY S FINANCIAL STATEMENTS FOR 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: MERITAGE HOMES CORPORATION MEETING DATE: 05/15/2008 | ||||
| TICKER: MTH SECURITY ID: 59001A102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT STEVEN J. HILTON AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT RAYMOND OPPEL AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT RICHARD T. BURKE, SR. AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE SELECTION OF THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | For |
| 3 | TO APPROVE THE AMENDMENT TO THE 2006 STOCK INCENTIVE PLAN TO INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE. | Management | For | Against |
| 4 | TO APPROVE THE AMENDMENT TO THE 2006 STOCK INCENTIVE PLAN TO INCREASE THE LIMIT ON THE NUMBER OF SHARES THAT MAY BE GRANTED TO A PARTICIPANT DURING A CALENDAR YEAR. | Management | For | Against |
| 5 | TO APPROVE AUTHORIZATION OF PREFERRED STOCK. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: MRV ENGENHARIA PARTICIPACOES SA MEETING DATE: 04/14/2008 | ||||
| TICKER: -- SECURITY ID: P6986W107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE | N/A | N/A | N/A |
| 2 | APPROVE TO EXAMINE, DISCUSS AND VOTE UPON THE BOARD OF DIRECTORS ANNUAL REPORT AND THE FINANCIAL STATEMENTS TO FYE 31 DEC 2007 | Management | For | For |
| 3 | APPROVE THE DESTINATION OF THE YEAR END RESULTS OF 2007, AND THE DISTRIBUTIONOF DIVIDENDS | Management | For | For |
| 4 | APPROVE TO DECIDE ON THE NEWSPAPERS IN WHICH COMPANY NOTICES WILL BE PUBLISHED | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: NCI BUILDING SYSTEMS, INC. MEETING DATE: 03/06/2008 | ||||
| TICKER: NCS SECURITY ID: 628852105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT NORMAN C. CHAMBERS AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT WILLIAM D. BREEDLOVE AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT PHILLIP J. HAWK AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF ERNST & YOUNG LLP FOR FISCAL 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: PULTE HOMES, INC. MEETING DATE: 05/15/2008 | ||||
| TICKER: PHM SECURITY ID: 745867101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT RICHARD G. WOLFORD* AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT CHERYL W. GRISE** AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT WILLIAM B. SMITH** AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT BRIAN P. ANDERSON** AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT PATRICK J. O'LEARY** AS A DIRECTOR | Management | For | For |
| 2 | THE APPROVAL OF THE PULTE HOMES, INC. 2008 SENIOR MANAGEMENT INCENTIVE PLAN. | Management | For | For |
| 3 | TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS PULTE HOMES INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| 4 | A SHAREHOLDER PROPOSAL REQUESTING THE ELECTION OF DIRECTORS BY A MAJORITY, RATHER THAN PLURALITY, VOTE. | Shareholder | Against | Against |
| 5 | A SHAREHOLDER PROPOSAL REQUESTING THE DECLASSIFICATION OF THE BOARD OF DIRECTORS. | Shareholder | Against | For |
| 6 | A SHAREHOLDER PROPOSAL REGARDING THE USE OF PERFORMANCE-BASED OPTIONS. | Shareholder | Against | Against |
| 7 | A SHAREHOLDER PROPOSAL REQUESTING ANNUAL ADVISORY VOTES ON EXECUTIVE COMPENSATION. | Shareholder | Against | Abstain |
| 8 | A SHAREHOLDER PROPOSAL REQUESTING A REPORT REGARDING CLIMATE CHANGE. | Shareholder | Against | Abstain |
| 9 | A SHAREHOLDER PROPOSAL REQUESTING THE CREATION OF AN OVERSIGHT COMMITTEE WITH RESPECT TO NONTRADITIONAL MORTGAGE LOANS. | Shareholder | Against | Against |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: QUANTA SERVICES, INC. MEETING DATE: 08/30/2007 | ||||
| TICKER: PWR SECURITY ID: 74762E102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | APPROVAL OF THE ISSUANCE OF SHARES OF QUANTA COMMON STOCK PURSUANT TO THE AGREEMENT AND PLAN OF MERGER, DATED AS OF MARCH 18, 2007, BY AND AMONG QUANTA, QUANTA MS ACQUISITION, INC., AND INFRASOURCE SERVICES, INC. | Management | For | For |
| 2 | APPROVAL OF ADJOURNMENTS OR POSTPONEMENTS OF THE SPECIAL MEETING, IF NECESSARY TO SOLICIT ADDITIONAL PROXIES. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: QUANTA SERVICES, INC. MEETING DATE: 05/22/2008 | ||||
| TICKER: PWR SECURITY ID: 74762E102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT JAMES R. BALL AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT JOHN R. COLSON AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT J. MICHAL CONAWAY AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT RALPH R. DISIBIO AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT BERNARD FRIED AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT LOUIS C. GOLM AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT WORTHING F. JACKMAN AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT BRUCE RANCK AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT JOHN R. WILSON AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT PAT WOOD, III AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: STANDARD PACIFIC CORP. MEETING DATE: 12/11/2007 | ||||
| TICKER: SPF SECURITY ID: 85375C101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO AMEND OUR RESTATED CERTIFICATE OF INCORPORATION ( CERTIFICATE ) TO INCREASE THE TOTAL NUMBER OF SHARES OF CAPITAL STOCK THAT THE COMPANY IS AUTHORIZED TO ISSUE FROM 110,000,000 SHARES TO 210,000,000 SHARES BY INCREASING THE TOTAL NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 100,000,000 SHARES TO 200,000,000 SHARES. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: TEXAS INDUSTRIES, INC. MEETING DATE: 10/16/2007 | ||||
| TICKER: TXI SECURITY ID: 882491103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT MEL G. BREKHUS AS A DIRECTOR | Management | For | Withhold |
| 1. 2 | ELECT ROBERT D. ROGERS AS A DIRECTOR | Management | For | Withhold |
| 1. 3 | ELECT RONALD G. STEINHART AS A DIRECTOR | Management | For | Withhold |
| 2 | TO AMEND THE CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED COMMON STOCK FROM 40 MILLION TO 100 MILLION SHARES. | Management | For | Against |
| 3 | TO APPROVE THE SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT AUDITORS. | Management | For | For |
| 4 | TO CONSIDER A SHAREHOLDER PROPOSAL REGARDING A SUSTAINABILITY REPORT. | Shareholder | Against | Abstain |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: THE HOME DEPOT, INC. MEETING DATE: 05/22/2008 | ||||
| TICKER: HD SECURITY ID: 437076102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | ELECTION OF DIRECTOR: F. DUANE ACKERMAN | Management | For | For |
| 2 | ELECTION OF DIRECTOR: DAVID H. BATCHELDER | Management | For | For |
| 3 | ELECTION OF DIRECTOR: FRANCIS S. BLAKE | Management | For | For |
| 4 | ELECTION OF DIRECTOR: ARI BOUSBIB | Management | For | For |
| 5 | ELECTION OF DIRECTOR: GREGORY D. BRENNEMAN | Management | For | For |
| 6 | ELECTION OF DIRECTOR: ALBERT P. CAREY | Management | For | For |
| 7 | ELECTION OF DIRECTOR: ARMANDO CODINA | Management | For | For |
| 8 | ELECTION OF DIRECTOR: BRIAN C. CORNELL | Management | For | For |
| 9 | ELECTION OF DIRECTOR: BONNIE G. HILL | Management | For | For |
| 10 | ELECTION OF DIRECTOR: KAREN L. KATEN | Management | For | For |
| 11 | TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR THE FISCAL YEAR ENDING FEBRUARY 1, 2009 | Management | For | For |
| 12 | TO APPROVE THE MATERIAL TERMS OF OFFICER PERFORMANCE GOALS UNDER THE MANAGEMENT INCENTIVE PLAN | Management | For | For |
| 13 | TO APPROVE AN AMENDMENT TO THE COMPANY S EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF RESERVED SHARES | Management | For | For |
| 14 | SHAREHOLDER PROPOSAL REGARDING POLITICAL NONPARTISANSHIP | Shareholder | Against | Abstain |
| 15 | SHAREHOLDER PROPOSAL REGARDING SPECIAL SHAREHOLDER MEETINGS | Shareholder | Against | Against |
| 16 | SHAREHOLDER PROPOSAL REGARDING EMPLOYMENT DIVERSITY REPORT DISCLOSURE | Shareholder | Against | Abstain |
| 17 | SHAREHOLDER PROPOSAL REGARDING EXECUTIVE OFFICER COMPENSATION | Shareholder | Against | Abstain |
| 18 | SHAREHOLDER PROPOSAL REGARDING PAY-FOR-SUPERIOR PERFORMANCE | Shareholder | Against | Against |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: THE RYLAND GROUP, INC. MEETING DATE: 04/23/2008 | ||||
| TICKER: RYL SECURITY ID: 783764103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT R. CHAD DREIER AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT LESLIE M. FRECON AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT WILLIAM L. JEWS AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT ROLAND A. HERNANDEZ AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT NED MANSOUR AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT ROBERT E. MELLOR AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT NORMAN J. METCALFE AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT CHARLOTTE ST. MARTIN AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF THE RYLAND GROUP, INC. 2008 EQUITY INCENTIVE PLAN. | Management | For | For |
| 3 | RE-APPROVE RYLAND S SENIOR EXECUTIVE PERFORMANCE PLAN TO COMPLY WITH THE REQUIREMENTS OF SECTION 162(M) OF THE INTERNAL REVENUE CODE. | Management | For | For |
| 4 | RE-APPROVE RYLAND S TRG INCENTIVE PLAN TO COMPLY WITH THE REQUIREMENTS OF SECTION 162(M) OF THE INTERNAL REVENUE CODE. | Management | For | For |
| 5 | RE-APPROVE RYLAND S PERFORMANCE AWARD PROGRAM TO COMPLY WITH THE REQUIREMENTS OF SECTION 162(M) OF THE INTERNAL REVENUE CODE. | Management | For | For |
| 6 | CONSIDERATION OF A PROPOSAL FROM THE NATHAN CUMMINGS FOUNDATION (A STOCKHOLDER). | Shareholder | Against | Abstain |
| 7 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS RYLAND S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: THE SHAW GROUP INC. MEETING DATE: 01/29/2008 | ||||
| TICKER: SGR SECURITY ID: 820280105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT J.M. BERNHARD, JR. AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT JAMES F. BARKER AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT THOS. E. CAPPS AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT L. LANE GRIGSBY AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT DANIEL A. HOFFLER AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT DAVID W. HOYLE AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT MICHAEL J. MANCUSO AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT ALBERT D. MCALISTER AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO RATIFY THE AUDIT COMMITTEE S APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2008 FISCAL YEAR. | Management | For | For |
| 3 | TRANSACT SUCH OTHER BUSINESS, INCLUDING ACTION ON SHAREHOLDER PROPOSALS, AS MAY PROPERLY COME BEFORE THE ANNUAL MEETING AND ANY ADJOURNMENT OR POSTPONEMENT THEREOF. | Management | For | Abstain |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: THE SHERWIN-WILLIAMS COMPANY MEETING DATE: 04/16/2008 | ||||
| TICKER: SHW SECURITY ID: 824348106 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT A.F. ANTON AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT J.C. BOLAND AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT C.M. CONNOR AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT D.E. EVANS AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT D.F. HODNIK AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT S.J. KROPF AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT R.W. MAHONEY AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT G.E. MCCULLOUGH AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT A.M. MIXON, III AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT C.E. MOLL AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT R.K. SMUCKER AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | Management | For | For |
| 3 | SHAREHOLDER PROPOSAL RELATING TO MAJORITY VOTING | Shareholder | Against | Against |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: THE ST. JOE COMPANY MEETING DATE: 05/13/2008 | ||||
| TICKER: JOE SECURITY ID: 790148100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT MICHAEL L. AINSLIE AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT HUGH M. DURDEN AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT THOMAS A. FANNING AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT HARRY H. FRAMPTON, III AS A DIRECTOR | Management | For | Withhold |
| 1. 5 | ELECT WM. BRITTON GREENE AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT ADAM W. HERBERT, JR. AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT DELORES M. KESLER AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT JOHN S. LORD AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT WALTER L. REVELL AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT PETER S. RUMMELL AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE ST. JOE COMPANY FOR THE 2008 FISCAL YEAR. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: TOLL BROTHERS, INC. MEETING DATE: 03/12/2008 | ||||
| TICKER: TOL SECURITY ID: 889478103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT ROBERT I. TOLL AS A DIRECTOR | Management | For | Withhold |
| 1. 2 | ELECT BRUCE E. TOLL AS A DIRECTOR | Management | For | Withhold |
| 1. 3 | ELECT JOEL H. RASSMAN AS A DIRECTOR | Management | For | Withhold |
| 2 | THE APPROVAL OF THE TOLL BROTHERS, INC. CEO CASH BONUS PLAN. | Management | For | For |
| 3 | THE APPROVAL OF AN AMENDMENT TO THE TOLL BROTHERS, INC. STOCK INCENTIVE PLAN FOR EMPLOYEES (2007). | Management | For | For |
| 4 | THE APPROVAL OF AN AMENDMENT TO THE TOLL BROTHERS, INC. STOCK INCENTIVE PLAN FOR NON-EMPLOYEE DIRECTORS (2007). | Management | For | For |
| 5 | THE APPROVAL OF PLAN AMENDMENTS TO AUTHORIZE A STOCK OPTION EXCHANGE PROGRAM FOR EMPLOYEES OTHER THAN EXECUTIVE OFFICERS AND DIRECTORS. | Management | For | For |
| 6 | THE RATIFICATION OF THE RE-APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2008 FISCAL YEAR. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: UDR, INC. MEETING DATE: 05/30/2008 | ||||
| TICKER: UDR SECURITY ID: 902653104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT KATHERINE A. CATTANACH AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT ERIC J. FOSS AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT ROBERT P. FREEMAN AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT JON A. GROVE AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT JAMES D. KLINGBEIL AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT ROBERT C. LARSON AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT THOMAS R. OLIVER AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT LYNNE B. SAGALYN AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT MARK J. SANDLER AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT THOMAS W. TOOMEY AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT THOMAS C. WAJNERT AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS OUR INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: UNIVERSAL FOREST PRODUCTS, INC. MEETING DATE: 04/16/2008 | ||||
| TICKER: UFPI SECURITY ID: 913543104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT JOHN W. GARSIDE AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT GARY F. GOODE AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT MARK A. MURRAY AS A DIRECTOR | Management | For | For |
| 2 | APPROVE THE COMPANY S AMENDED EMPLOYEE STOCK PURCHASE PLAN. | Management | For | For |
| 3 | RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT PUBLIC ACCOUNTANTS OF THE COMPANY FOR FISCAL 2008. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: URS CORPORATION MEETING DATE: 11/15/2007 | ||||
| TICKER: URS SECURITY ID: 903236107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | APPROVAL OF THE ISSUANCE OF SHARES OF URS COMMON STOCK PURSUANT TO THE AGREEMENT AND PLAN OF MERGER, DATED AS OF MAY 27, 2007, BY AND AMONG URS CORPORATION, ELK MERGER CORPORATION, A WHOLLY OWNED SUBSIDIARY OF URS, BEAR MERGER SUB, INC., A WHOLLY OWNED SUBSIDIARY OF URS, AND WASHINGTON GROUP INTERNATIONAL, INC. | Management | For | For |
| 2 | ADJOURNMENT OR POSTPONEMENT OF THE URS SPECIAL MEETING, IF NECESSARY, TO PERMIT FURTHER SOLICITATION OF PROXIES IF THERE ARE NOT SUFFICIENT VOTES AT THE TIME OF THE URS SPECIAL MEETING IN FAVOR OF THE FOREGOING. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: URS CORPORATION MEETING DATE: 05/22/2008 | ||||
| TICKER: URS SECURITY ID: 903236107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | ELECTION OF DIRECTOR: H. JESSE ARNELLE | Management | For | For |
| 2 | ELECTION OF DIRECTOR: ARMEN DER MARDEROSIAN | Management | For | For |
| 3 | ELECTION OF DIRECTOR: MICKEY P. FORET | Management | For | For |
| 4 | ELECTION OF DIRECTOR: MARTIN M. KOFFEL | Management | For | For |
| 5 | ELECTION OF DIRECTOR: JOSEPH W. RALSTON | Management | For | For |
| 6 | ELECTION OF DIRECTOR: JOHN D. ROACH | Management | For | For |
| 7 | ELECTION OF DIRECTOR: DOUGLAS W. STOTLAR | Management | For | For |
| 8 | ELECTION OF DIRECTOR: WILLIAM P. SULLIVAN | Management | For | For |
| 9 | ELECTION OF DIRECTOR: WILLIAM D. WALSH | Management | For | For |
| 10 | ELECTION OF DIRECTOR: LYDIA H. KENNARD | Management | For | For |
| 11 | TO APPROVE AN AMENDMENT TO OUR CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF OUR COMMON STOCK. | Management | For | For |
| 12 | TO APPROVE OUR 2008 EQUITY INCENTIVE PLAN. | Management | For | For |
| 13 | TO APPROVE OUR 2008 EMPLOYEE STOCK PURCHASE PLAN. | Management | For | For |
| 14 | TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: VULCAN MATERIALS COMPANY MEETING DATE: 05/09/2008 | ||||
| TICKER: VMC SECURITY ID: 929160109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT DONALD M. JAMES AS A DIRECTOR | Management | For | Withhold |
| 1. 2 | ELECT A. MCLAUGHLIN KOROLOGOS AS A DIRECTOR | Management | For | Withhold |
| 1. 3 | ELECT PHILIP J. CARROLL, JR. AS A DIRECTOR | Management | For | Withhold |
| 1. 4 | ELECT ORIN R. SMITH AS A DIRECTOR | Management | For | Withhold |
| 2 | PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS VULCAN MATERIAL COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR 2008. | Management | For | For |
| 3 | PROPOSAL TO ADOPT THE LEGACY VULCAN CORP. RESTATED CERTIFICATE OF INCORPORATION. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: WASHINGTON GROUP INTERNATIONAL, INC. MEETING DATE: 11/15/2007 | ||||
| TICKER: WNG SECURITY ID: 938862208 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | ADOPTION OF THE AGREEMENT AND PLAN OF MERGER, DATED AS OF MAY 27, 2007, BY AND AMONG URS CORPORATION, ELK MERGER CORPORATION, A WHOLLY OWNED SUBSIDIARY OF URS, BEAR MERGER SUB, INC., A WHOLLY OWNED SUBSIDIARY OF URS, AND WASHINGTON GROUP INTERNATIONAL, INC., PURSUANT TO WHICH ELK MERGER CORPORATION WILL MERGE, ALL AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT. | Management | For | Against |
| 2 | ADJOURNMENT OR POSTPONEMENT OF THE WASHINGTON GROUP INTERNATIONAL SPECIAL MEETING, IF NECESSARY, TO PERMIT FURTHER SOLICITATION OF PROXIES IF THERE ARE NOT SUFFICIENT VOTES AT THE TIME OF THE WASHINGTON GROUP INTERNATIONAL SPECIAL MEETING IN FAVOR OF THE FOREGOING. | Management | For | Against |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
POWER OF ATTORNEY
I, the undersigned Treasurer of the following investment companies:
Fidelity Advisor Series I Fidelity Advisor Series VII Fidelity Advisor Series VIII Fidelity Beacon Street Trust Fidelity Capital Trust Fidelity Central Investment Portfolios LLC Fidelity Commonwealth Trust Fidelity Concord Street Trust Fidelity Congress Street Fund Fidelity Contrafund Fidelity Covington Trust Fidelity Destiny Portfolios Fidelity Devonshire Trust Fidelity Exchange Fund Fidelity Financial Trust | Fidelity Hanover Street Trust Fidelity Hastings Street Trust Fidelity Investment Trust Fidelity Magellan Fund Fidelity Mt. Vernon Street Trust Fidelity Puritan Trust Fidelity Securities Fund Fidelity Select Portfolios Fidelity Summer Street Trust Fidelity Trend Fund Variable Insurance Products Fund Variable Insurance Products Fund II Variable Insurance Products Fund III Variable Insurance Products Fund IV |
in addition to any other investment company for which Fidelity Management & Research Company or an affiliate acts as investment adviser and for which the undersigned individual serves as Treasurer (collectively, the "Funds"), hereby constitute and appoint Claire Walpole my true and lawful attorney-in-fact, with full power of substitution, and with full power to sign for me and in my name in the appropriate capacity, all Reports of the Proxy Voting Records of the Funds on Form N-PX under the Investment Company Act of 1940, as amended (the "Act"), or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorney-in-fact deems necessary or appropriate to cause such Form to be completed and filed in accordance with the Act and all related requirements of the Securities and Exchange Commission. I hereby ratify and confirm all that said attorney-in-fact or her substitute may do or cause to be done by virtue hereof. This power of attorney is effective for all documents filed on or after June 11, 2008.
WITNESS my hand on this 11th day of June 2008.
/s/ Kenneth B. Robins
Kenneth B. Robins
Treasurer