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 Medical Delivery Portfolio
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: FEBRUARY 29
DATE OF REPORTING PERIOD: 06/30/2004
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/ CHRISTINE REYNOLDS
-----------------------------------------------------
CHRISTINE REYNOLDS, TREASURER, FIDELITY MANAGEMENT & RESEARCH COMPANY
DATE: 08/25/2004 09:55:34 AM
EXHIBIT A
VOTE SUMMARY REPORT
Select Medical Delivery Portfolio
07/01/2003 - 06/30/2004
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: ACCREDO HEALTH, INCORPORATED MEETING DATE: 11/25/2003 | ||||
| TICKER: ACDO SECURITY ID: 00437V104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT DICK R. GOURLEY* AS A DIRECTOR | Management | For | Withhold |
| 1.2 | ELECT THOMAS G. ROTHERHAM* AS A DIRECTOR | Management | For | Withhold |
| 1.3 | ELECT WILLIAM EDWARD EVANS** AS A DIRECTOR | Management | For | Withhold |
| 2 | RATIFICATION OF AUDITORS. ON THE PROPOSAL TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING JUNE 30, 2004. | Management | For | For |
| ISSUER NAME: AETNA INC. MEETING DATE: 04/30/2004 | ||||
| TICKER: AET SECURITY ID: 00817Y108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT BETSY Z. COHEN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT BARBARA H. FRANKLIN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JEFFREY E. GARTEN AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT EARL G. GRAVES AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT GERALD GREENWALD AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT ELLEN M. HANCOCK AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT MICHAEL H. JORDAN AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT JACK D. KUEHLER AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT EDWARD J. LUDWIG AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT JOSEPH P. NEWHOUSE AS A DIRECTOR | Management | For | For |
| 1.11 | ELECT JUDITH RODIN AS A DIRECTOR | Management | For | For |
| 1.12 | ELECT JOHN W. ROWE, M.D. AS A DIRECTOR | Management | For | For |
| 1.13 | ELECT RONALD A. WILLIAMS AS A DIRECTOR | Management | For | For |
| 1.14 | ELECT R. DAVID YOST AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF KPMG LLP AS INDEPENDENT AUDITORS | Management | For | For |
| 3 | SHAREHOLDER PROPOSAL ON CUMULATIVE VOTING | Shareholder | Against | Abstain |
| 4 | SHAREHOLDER PROPOSAL ON EXECUTIVE COMPENSATION | Shareholder | Against | Against |
| ISSUER NAME: AMERICAN HEALTHWAYS, INC. MEETING DATE: 01/21/2004 | ||||
| TICKER: AMHC SECURITY ID: 02649V104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT MR. FRANK A. EHMANN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT MR. W.C. O'NEIL, JR. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT MR. BEN R. LEEDLE, JR. AS A DIRECTOR | Management | For | For |
| 2 | AMENDMENTS TO THE 1996 STOCK INCENTIVE PLAN. | Management | For | Against |
| 3 | AMENDMENT TO CERTIFICATE OF INCORPORATION. | Management | For | For |
| ISSUER NAME: AMERIGROUP CORPORATION MEETING DATE: 05/12/2004 | ||||
| TICKER: AGP SECURITY ID: 03073T102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JEFFREY L. MCWATERS AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT UWE E. REINHARDT, PH.D. AS A DIRECTOR | Management | For | For |
| 2 | RESOLVED, THAT THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS FOR AMERIGROUP CORPORATION FOR THE YEAR ENDING DECEMBER 31, 2004 IS HEREBY RATIFIED. | Management | For | For |
| ISSUER NAME: APRIA HEALTHCARE GROUP INC. MEETING DATE: 04/21/2004 | ||||
| TICKER: AHG SECURITY ID: 037933108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT VICENTE ANIDO, JR. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT I.T. CORLEY AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT DAVID L. GOLDSMITH AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT LAWRENCE M. HIGBY AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT RICHARD H. KOPPES AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT PHILIP R. LOCHNER, JR. AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT JERI L. LOSE AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT BEVERLY B. THOMAS AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT RALPH V. WHITWORTH AS A DIRECTOR | Management | For | For |
| ISSUER NAME: CAREMARK RX, INC. MEETING DATE: 05/04/2004 | ||||
| TICKER: CMX SECURITY ID: 141705103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT EDWIN M. BANKS AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT COLLEEN C. WELCH, PH.D. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT ROGER L. HEADRICK AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT JEAN-PIERRE MILLON AS A DIRECTOR | Management | For | For |
| ISSUER NAME: CENTENE CORPORATION MEETING DATE: 05/04/2004 | ||||
| TICKER: CNC SECURITY ID: 15135B101 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT STEVE BARTLETT AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT RICHARD P. WIEDERHOLD AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO APPROVE CHARTER AMENDMENT TO INCREASE NUMBER OF AUTHORIZED SHARES OF CAPITAL STOCK. | Management | For | For |
| ISSUER NAME: COMMUNITY HEALTH SYSTEMS, INC. MEETING DATE: 05/25/2004 | ||||
| TICKER: CYH SECURITY ID: 203668108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT W. LARRY CASH AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT J. ANTHONY FORSTMANN AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT HARVEY KLEIN, M.D. AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT H. MITCHELL WATSON, JR. AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO APPROVE THE COMMUNITY HEALTH SYSTEMS, INC. 2004 EMPLOYEE PERFORMANCE INCENTIVE PLAN. | Management | For | For |
| 3 | PROPOSAL TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. | Management | For | For |
| 4 | STOCKHOLDER PROPOSAL ENTITLED SEPARATE CHAIR AND CEO PROPOSAL . | Shareholder | Against | Against |
| ISSUER NAME: COVENTRY HEALTH CARE, INC. MEETING DATE: 06/03/2004 | ||||
| TICKER: CVH SECURITY ID: 222862104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT L. DALE CRANDALL AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT ROBERT W. MOREY AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT ELIZABETH E. TALLETT AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT ALLEN F. WISE AS A DIRECTOR | Management | For | For |
| 2 | 2004 INCENTIVE PLAN. | Management | For | Against |
| 3 | RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG, LLP, AS THE COMPANY S INDEPENDENT AUDITORS FOR 2004. | Management | For | For |
| ISSUER NAME: FIDELITY CASH CENTRAL FUND MEETING DATE: 04/14/2004 | ||||
| TICKER: -- SECURITY ID: 31635A105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO AMEND THE TRUST INSTRUMENT TO ALLOW THE BOARD OF TRUSTEES, IF PERMITTED BY APPLICABLE LAW, TO AUTHORIZE FUND MERGERS WITHOUT SHAREHOLDER APPROVAL. | Management | For | For |
| 2.1 | ELECT J. MICHAEL COOK AS A DIRECTOR | Management | For | For |
| 2.2 | ELECT RALPH F. COX AS A DIRECTOR | Management | For | For |
| 2.3 | ELECT LAURA B. CRONIN AS A DIRECTOR | Management | For | For |
| 2.4 | ELECT ROBERT M. GATES AS A DIRECTOR | Management | For | For |
| 2.5 | ELECT GEORGE H. HEILMEIER AS A DIRECTOR | Management | For | For |
| 2.6 | ELECT ABIGAIL P. JOHNSON AS A DIRECTOR | Management | For | For |
| 2.7 | ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR | Management | For | For |
| 2.8 | ELECT DONALD J. KIRK AS A DIRECTOR | Management | For | For |
| 2.9 | ELECT MARIE L. KNOWLES AS A DIRECTOR | Management | For | For |
| 2.10 | ELECT NED C. LAUTENBACH AS A DIRECTOR | Management | For | For |
| 2.11 | ELECT MARVIN L. MANN AS A DIRECTOR | Management | For | For |
| 2.12 | ELECT WILLIAM O. MCCOY AS A DIRECTOR | Management | For | For |
| 2.13 | ELECT ROBERT L. REYNOLDS AS A DIRECTOR | Management | For | For |
| 2.14 | ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR | Management | For | For |
| ISSUER NAME: FIDELITY SECURITIES LENDING CASH CENTRAL FUND MEETING DATE: 04/14/2004 | ||||
| TICKER: -- SECURITY ID: 31635A303 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO AMEND THE DECLARATION OF TRUST TO ALLOW THE BOARD OF TRUSTEES, IF PERMITTED BY APPLICABLE LAW, TO AUTHORIZE FUND MERGERS WITHOUT SHAREHOLDER APPROVAL. | Management | For | For |
| 2.1 | ELECT J. MICHAEL COOK AS A DIRECTOR | Management | For | For |
| 2.2 | ELECT RALPH F. COX AS A DIRECTOR | Management | For | For |
| 2.3 | ELECT LAURA B. CRONIN AS A DIRECTOR | Management | For | For |
| 2.4 | ELECT ROBERT M. GATES AS A DIRECTOR | Management | For | For |
| 2.5 | ELECT GEORGE H. HEILMEIER AS A DIRECTOR | Management | For | For |
| 2.6 | ELECT ABIGAIL P. JOHNSON AS A DIRECTOR | Management | For | For |
| 2.7 | ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR | Management | For | For |
| 2.8 | ELECT DONALD J. KIRK AS A DIRECTOR | Management | For | For |
| 2.9 | ELECT MARIE L. KNOWLES AS A DIRECTOR | Management | For | For |
| 2.10 | ELECT NED C. LAUTENBACH AS A DIRECTOR | Management | For | For |
| 2.11 | ELECT MARVIN L. MANN AS A DIRECTOR | Management | For | For |
| 2.12 | ELECT WILLIAM O. MCCOY AS A DIRECTOR | Management | For | For |
| 2.13 | ELECT ROBERT L. REYNOLDS AS A DIRECTOR | Management | For | For |
| 2.14 | ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR | Management | For | For |
| ISSUER NAME: HEALTH MANAGEMENT ASSOCIATES, INC. MEETING DATE: 02/17/2004 | ||||
| TICKER: HMA SECURITY ID: 421933102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT WILLIAM J. SCHOEN AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JOSEPH V. VUMBACCO AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT KENT P. DAUTEN AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT DONALD E. KIERNAN AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT ROBERT A. KNOX AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT WILLIAM E. MAYBERRY, MD AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT WILLIAM C. STEERE, JR. AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT R.W. WESTERFIELD, PH.D. AS A DIRECTOR | Management | For | For |
| ISSUER NAME: HUMANA INC. MEETING DATE: 04/22/2004 | ||||
| TICKER: HUM SECURITY ID: 444859102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT DAVID A. JONES AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT DAVID A. JONES, JR. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT FRANK A. D'AMELIO AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT MICHAEL E. GELLERT AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT JOHN R. HALL AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT KURT J. HILZINGER AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT MICHAEL B. MCCALLISTER AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT W. ANN REYNOLDS, PH.D. AS A DIRECTOR | Management | For | For |
| ISSUER NAME: LINCARE HOLDINGS, INC. MEETING DATE: 05/17/2004 | ||||
| TICKER: LNCR SECURITY ID: 532791100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT J.P. BYRNES AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT S.H. ALTMAN, PH.D. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT C.B. BLACK AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT F.D. BYRNE, M.D. AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT F.T. CARY AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT W.F. MILLER, III AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF THE COMPANY S 2004 STOCK PLAN. | Management | For | Against |
| ISSUER NAME: MATRIA HEALTHCARE, INC. MEETING DATE: 06/03/2004 | ||||
| TICKER: MATR SECURITY ID: 576817209 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT PARKER H. PETIT AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT DONALD W. WEBER AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT MORRIS S. WEEDEN AS A DIRECTOR | Management | For | For |
| 2 | ELECTION OF WAYNE P. YETTER AS CLASS II DIRECTOR | Management | For | For |
| 3 | PROPOSAL TO APPROVE THE MATRIA HEALTHCARE, INC. 2004 STOCK INCENTIVE PLAN | Management | For | For |
| ISSUER NAME: MID ATLANTIC MEDICAL SERVICES, INC. MEETING DATE: 02/10/2004 | ||||
| TICKER: MME SECURITY ID: 59523C107 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO ADOPT THE AGREEMENT AND PLAN OF MERGER DATED AS OF OCTOBER 26, 2003, BY AND AMONG UNITEDHEALTH GROUP INCORPORATED, MU ACQUISITION LLC AND MID ATLANTIC MEDICAL SERVICES, INC. AND THE TRANSACTIONS CONTEMPLATED THEREBY, INCLUDING THE MERGER, AS MORE FULLY DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT/ PROSPECTUS. | Management | For | For |
| 2 | TO AUTHORIZE THE PROXIES TO VOTE TO ADJOURN OR POSTPONE THE SPECIAL MEETING OF STOCKHOLDERS, IN THEIR SOLE DISCRETION, FOR THE PURPOSE OF SOLICITING ADDITIONAL VOTES FOR PROPOSAL 1. | Management | For | Abstain |
| ISSUER NAME: MOLINA HEALTHCARE, INC. MEETING DATE: 12/04/2003 | ||||
| TICKER: MOH SECURITY ID: 60855R100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT GEORGE S. GOLDSTEIN PHD AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT RONALD LOSSETT, CPA DBA AS A DIRECTOR | Management | For | For |
| 2 | RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2003. | Management | For | For |
| ISSUER NAME: MOLINA HEALTHCARE, INC. MEETING DATE: 05/12/2004 | ||||
| TICKER: MOH SECURITY ID: 60855R100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT JOHN C. MOLINA, J.D. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT C.Z. FEDAK, CPA, M.B.A. AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT SALLY K. RICHARDSON AS A DIRECTOR | Management | For | For |
| ISSUER NAME: OMNICARE, INC. MEETING DATE: 05/18/2004 | ||||
| TICKER: OCR SECURITY ID: 681904108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT EDWARD L. HUTTON AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT JOEL F. GEMUNDER AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT CHARLES H. ERHART, JR. AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT DAVID W. FROESEL, JR. AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT SANDRA E. LANEY AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT ANDREA R. LINDELL, DNSC AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT SHELDON MARGEN, M.D. AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT JOHN H. TIMONEY AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT AMY WALLMAN AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE THE 2004 STOCK AND INCENTIVE PLAN. | Management | For | Against |
| 3 | TO RATIFY THE SELECTION OF INDEPENDENT ACCOUNTANTS. | Management | For | For |
| ISSUER NAME: PACIFICARE HEALTH SYSTEMS, INC. MEETING DATE: 05/20/2004 | ||||
| TICKER: PHS SECURITY ID: 695112102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT AIDA ALVAREZ AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT BRADLEY C. CALL AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT TERRY O. HARTSHORN AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT DOMINIC NG AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT HOWARD G. PHANSTIEL AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT WARREN E. PINCKERT II AS A DIRECTOR | Management | For | For |
| 1.7 | ELECT DAVID A. REED AS A DIRECTOR | Management | For | For |
| 1.8 | ELECT CHARLES R. RINEHART AS A DIRECTOR | Management | For | For |
| 1.9 | ELECT LINDA ROSENSTOCK AS A DIRECTOR | Management | For | For |
| 1.10 | ELECT LLOYD E. ROSS AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF AMENDMENT AND RESTATEMENT OF THE EMPLOYEE STOCK PURCHASE PLAN. | Management | For | For |
| 3 | RATIFICATION OF SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS. | Management | For | For |
| ISSUER NAME: SIERRA HEALTH SERVICES, INC. MEETING DATE: 05/20/2004 | ||||
| TICKER: SIE SECURITY ID: 826322109 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT ALBERT L. GREENE AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT ERIN E. MACDONALD AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT WILLIAM J. RAGGIO AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT CHARLES L. RUTHE AS A DIRECTOR | Management | For | For |
| 2 | TO AMEND THE COMPANY S EMPLOYEE STOCK PURCHASE PLAN TO INCREASE BY 900,000 THE NUMBER OF SHARES OF COMMON STOCK RESERVED FOR ISSUANCE TO PARTICIPANTS. | Management | For | Against |
| 3 | TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S AUDITORS FOR 2004. | Management | For | For |
| ISSUER NAME: TENET HEALTHCARE CORPORATION MEETING DATE: 07/23/2003 | ||||
| TICKER: THC SECURITY ID: 88033G100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT LAWRENCE BIONDI S.J. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT VAN B. HONEYCUTT AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT EDWARD A. KANGAS AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO APPROVE THE AMENDED AND RESTATED ARTICLES OF INCORPORATION TO PROVIDE FOR THE ANNUAL ELECTION OF DIRECTORS. | Management | For | For |
| 3 | PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2003. | Management | For | For |
| 4 | SHAREHOLDER PROPOSAL REGARDING INDEPENDENCE OF THE BOARD OF DIRECTORS. | Shareholder | Against | Against |
| ISSUER NAME: TENET HEALTHCARE CORPORATION MEETING DATE: 05/06/2004 | ||||
| TICKER: THC SECURITY ID: 88033G100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT TREVOR FETTER AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT VAN B. HONEYCUTT AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT JOHN C. KANE AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT EDWARD A. KANGAS AS A DIRECTOR | Management | For | For |
| 1.5 | ELECT J. ROBERT KERREY AS A DIRECTOR | Management | For | For |
| 1.6 | ELECT RICHARD R. PETTINGILL AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. | Management | For | For |
| ISSUER NAME: UNITEDHEALTH GROUP INCORPORATED MEETING DATE: 05/12/2004 | ||||
| TICKER: UNH SECURITY ID: 91324P102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT WILLIAM C. BALLARD, JR. AS A DIRECTOR | Management | For | For |
| 1.2 | ELECT RICHARD T. BURKE AS A DIRECTOR | Management | For | For |
| 1.3 | ELECT STEPHEN J. HEMSLEY AS A DIRECTOR | Management | For | For |
| 1.4 | ELECT DONNA E. SHALALA AS A DIRECTOR | Management | For | For |
| 2 | RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. | Management | For | For |
| 3 | SHAREHOLDER PROPOSAL REGARDING EXPENSING OF STOCK OPTIONS. | Shareholder | Against | Against |
| 4 | SHAREHOLDER PROPOSAL REGARDING REPLACEMENT OF STOCK OPTIONS WITH RESTRICTED SHARES. | Shareholder | Against | Against |
| ISSUER NAME: UNIVERSAL HEALTH SERVICES, INC. MEETING DATE: 05/19/2004 | ||||
| TICKER: UHS SECURITY ID: 913903100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1.1 | ELECT ROBERT H. HOTZ AS A DIRECTOR | Management | For | For |
| 2 | APPROVAL OF AN INCREASE IN THE NUMBER OF SHARES OF CLASS B COMMON STOCK AVAILABLE FOR ISSUANCE UNDER THE 2001 EMPLOYEES RESTRICTED STOCK PURCHASE PLAN BY 600,000 SHARES. | Management | For | Against |