Lincoln National Variable Annuity Fund A NPX Annual report of proxy voting record

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act File Number 811-01434

Lincoln National Variable Annuity Fund A

(Exact name of registrant as specified in charter)

1300 South Clinton Street

Post Office Box 1110

Fort Wayne, IN 46801

(Address of principal executive offices)

Dennis L. Schoff, Esquire

1300 South Clinton Street

Post Office Box 1110

Fort Wayne, IN 46801

(Name and address of Agent for Service)

Copy to:

Colleen E. Tonn, Esquire

1300 South Clinton Street

Post Office Box 1110

Fort Wayne, IN 46801

Registrant’s telephone number, including area code: 260-455-2000

Date of fiscal year-end: December 31

Date of reporting period: June 30, 2007

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

04/27/07 - A

Abbott Laboratories *ABT*

002824100

02/28/07

10,500

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director R.S. Austin — For

1.2 Elect Director W.M. Daley — For

1.3 Elect Director W.J. Farrell — For

1.4 Elect Director H.L. Fuller — For

1.5 Elect Director R.A. Gonzalez — For

1.6 Elect Director D.A.L. Owen — For

1.7 Elect Director B. Powell Jr. — For

1.8 Elect Director W.A. Reynolds — For

1.9 Elect Director R.S. Roberts — For

1.10 Elect Director S.C. Scott III — Withhold

1.11 Elect Director W.D. Smithburg — For

1.12 Elect Director G.F. Tilton — For

1.13 Elect Director M.D. White — For

2 Ratify Auditors

For

Mgmt

3 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

4 Separate Chairman and CEO Positions

Against

ShrHoldr

06/13/07 - A

Abercrombie & Fitch Co. *ANF*

002896207

04/17/07

8,000

1 Elect Directors

For

Mgmt

2 Amend Executive Incentive Bonus Plan

For

Mgmt

3 Approve Omnibus Stock Plan

For

Against

Mgmt

4 Ratify Auditors

For

Mgmt

05/31/07 - A

Affiliated Managers Group, Inc. *AMG*

008252108

04/24/07

4,000

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

04/26/07 - A

AGCO Corp. *AG*

001084102

03/16/07

10,100

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director W. Wayne Booker — For

1.2 Elect Director Francisco R. Gros — Withhold

1.3 Elect Director Gerald B. Johanneson — For

1.4 Elect Director Curtis E. Moll — For

2 Ratify Auditors

For

Mgmt

04/26/07 - A

Altria Group, Inc. *MO*

02209S103

03/05/07

4,800

1 Elect Directors

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 1

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

2 Ratify Auditors

For

Mgmt

3 Provide for Cumulative Voting

Against

For

ShrHoldr

4 Disclose Information on Secondhand Smoke

Against

ShrHoldr

5 Cease Add Campaigns Oriented to Prevent Youth Smoking

Against

ShrHoldr

6 Cease Production, Promotion, and Marketing of Tobacco Products

Against

ShrHoldr

7 Adopt Animal Welfare Policy

Against

ShrHoldr

05/16/07 - A

American International Group, Inc. *AIG*

026874107

03/23/07

19,500

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Approve Omnibus Stock Plan

For

Mgmt

4 Performance-Based and/or Time-Based Equity Awards

Against

For

ShrHoldr

05/09/07 - A

Amgen, Inc. *AMGN*

031162100

03/12/07

14,900

1 Elect Director Frank J. Biondi, Jr.

For

Mgmt

2 Elect Director Jerry D. Choate

For

Mgmt

3 Elect Director Frank C. Herringer

For

Mgmt

4 Elect Director Gilbert S. Omenn

For

Mgmt

5 Ratify Auditors

For

Mgmt

6 Declassify the Board of Directors

For

Mgmt

7 Declassify the Board of Directors

For

Mgmt

8 Develop an Animal Welfare Policy

Against

ShrHoldr

9 Prepare a Sustainability Report

Against

ShrHoldr

03/14/07 - A

Applied Materials, Inc. *AMAT*

038222105

01/19/07

35,500

1 Elect Directors

For

Mgmt

2 Amend Omnibus Stock Plan

For

Mgmt

3 Amend Qualified Employee Stock Purchase Plan

For

Mgmt

4 Amend Executive Incentive Bonus Plan

For

Mgmt

5 Ratify Auditors

For

Mgmt

04/27/07 - A

AT&T Inc *T*

00206R102

02/28/07

12,500

1 Elect Director William F. Aldinger III

For

Mgmt

2 Elect Director Gilbert F. Amelio

For

Mgmt

3 Elect Director Reuben V. Anderson

For

Mgmt

4 Elect Director James H. Blanchard

For

Mgmt

5 Elect Director August A. Busch III

For

Mgmt

6 Elect Director James P. Kelly

For

Mgmt

7 Elect Director Charles F. Knight

For

Mgmt

8 Elect Director Jon C. Madonna

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 2

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

9 Elect Director Lynn M. Martin

For

Mgmt

10 Elect Director John B. McCoy

For

Mgmt

11 Elect Director Mary S. Metz

For

Mgmt

12 Elect Director Toni Rembe

For

Mgmt

13 Elect Director Joyce M. Roche

For

Mgmt

14 Elect Director Randall L. Stephenson

For

Mgmt

15 Elect Director Laura D’ Andrea Tyson

For

Mgmt

16 Elect Director Patricia P. Upton

For

Mgmt

17 Elect Director Edward E. Whitacre, Jr.

For

Mgmt

18 Ratify Auditors

For

Mgmt

19 Compensation Specific-Severance Payments to Executives

For

Mgmt

20 Report on Political Contributions

Against

ShrHoldr

21 Amend Articles/Bylaws/Charter - Call Special Meetings

Against

For

ShrHoldr

22 Pay For Superior Performance

Against

For

ShrHoldr

23 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

24 Establish SERP Policy

Against

For

ShrHoldr

04/25/07 - A

Bank of America Corp. *BAC*

060505104

03/02/07

29,700

1 Elect Director William Barnet, III

For

Mgmt

2 Elect Director Frank P. Bramble, Sr.

For

Mgmt

3 Elect Director John T. Collins

For

Mgmt

4 Elect Director Gary L. Countryman

For

Mgmt

5 Elect Director Tommy R. Franks

For

Mgmt

6 Elect Director Charles K. Gifford

For

Mgmt

7 Elect Director W. Steven Jones

For

Mgmt

8 Elect Director Kenneth D. Lewis

For

Mgmt

9 Elect Director Monica C. Lozano

For

Mgmt

10 Elect Director Walter E. Massey

For

Mgmt

11 Elect Director Thomas J. May

For

Mgmt

12 Elect Director Patricia E. Mitchell

For

Mgmt

13 Elect Director Thomas M. Ryan

For

Mgmt

14 Elect Director O. Temple Sloan, Jr.

For

Mgmt

15 Elect Director Meredith R. Spangler

For

Mgmt

16 Elect Director Robert L. Tillman

For

Mgmt

17 Elect Director Jackie M. Ward

For

Mgmt

18 Ratify Auditors

For

Mgmt

19 Prohibit Executive Stock-Based Awards

Against

ShrHoldr

20 Change Size of Board of Directors

Against

ShrHoldr

21 Separate Chairman and CEO Positions

Against

ShrHoldr

07/19/06 - A

BEA Systems, Inc. *BEAS*

073325102

05/26/06

27,600

1 Elect Directors

For

Mgmt

2 Approve Omnibus Stock Plan

For

Mgmt

3 Approve Executive Incentive Bonus Plan

For

Mgmt

4 Ratify Auditors

For

Mgmt

5 Act on Shareholder Resolutions that Receive Majority Support

Against

For

ShrHoldr

6 Declassify the Board of Directors

Against

For

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 3

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

06/27/07 - A

Best Buy Co., Inc. *BBY*

086516101

04/30/07

13,900

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Amend Omnibus Stock Plan

For

Mgmt

09/20/06 - A

Biomet, Inc. *BMET*

090613100

07/13/06

7,400

1 Elect Directors

For

Mgmt

2 Approve Omnibus Stock Plan

For

Mgmt

3 Ratify Auditors

For

Mgmt

08/22/06 - S

Capital One Financial Corp. *COF*

14040H105

07/07/06

3,750

1 Approve Merger Agreement

For

Mgmt

2 Adjourn Meeting

For

Mgmt

04/26/07 - A

Capital One Financial Corp. *COF*

14040H105

02/28/07

9,200

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Amend Articles of Incorporation - Remove Provision of Plurality Voting for the Election of Directors

For

Mgmt

4 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

06/13/07 - A

Caterpillar Inc. *CAT*

149123101

04/16/07

15,000

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director John T. Dillon — For

1.2 Elect Director Juan Gallardo — Withhold

1.3 Elect Director William A. Osborn — For

1.4 Elect Director Edward B. Rust, Jr. — For

2 Ratify Auditors

For

Mgmt

3 Separate Chairman and CEO Positions

Against

ShrHoldr

4 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

04/25/07 - A

Chevron Corporation *CVX*

166764100

03/12/07

7,600

1 Elect Director Samuel H. Armacost

For

Mgmt

2 Elect Director Linnet F. Deily

For

Mgmt

3 Elect Director Robert E. Denham

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 4

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

4 Elect Director Robert J. Eaton

For

Mgmt

5 Elect Director Sam Ginn

For

Mgmt

6 Elect Director Franklyn G. Jenifer

For

Mgmt

7 Elect Director Sam Nunn

For

Mgmt

8 Elect Director David J. O’Reilly

For

Mgmt

9 Elect Director Donald B. Rice

For

Mgmt

10 Elect Director Peter J. Robertson

For

Mgmt

11 Elect Director Kevin W. Sharer

For

Mgmt

12 Elect Director Charles R. Shoemate

For

Mgmt

13 Elect Director Ronald D. Sugar

For

Mgmt

14 Elect Director Carl Ware

For

Mgmt

15 Ratify Auditors

For

Mgmt

16 Reduce Supermajority Vote Requirement

For

Mgmt

17 Adopt Human Rights Policy

Against

For

ShrHoldr

18 Adopt Greenhouse Gas Emission Reduction Goals

Against

ShrHoldr

19 Adopt Animal Welfare Policy

Against

ShrHoldr

20 Separate Chairman and CEO Positions

Against

For

ShrHoldr

21 Approve/Amend Terms of Existing Poison Pill

Against

ShrHoldr

22 Report on Market Specific Environmental Laws

Against

ShrHoldr

11/15/06 - A

Cisco Systems, Inc. *CSCO*

17275R102

09/18/06

51,300

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Performance-Based and/or Time-Based Equity Awards

Against

For

ShrHoldr

4 Report on Pay Disparity

Against

ShrHoldr

5 Report on Internet Fragmentation

Against

For

ShrHoldr

05/08/07 - A

CIT Group Inc *CIT*

125581108

03/19/07

11,100

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

04/17/07 - A

Citigroup Inc. *C*

172967101

02/21/07

34,800

1 Elect Director C. Michael Armstrong

For

Mgmt

2 Elect Director Alain J.P. Belda

For

Mgmt

3 Elect Director George David

For

Mgmt

4 Elect Director Kenneth T. Derr

For

Mgmt

5 Elect Director John M. Deutch

For

Mgmt

6 Elect Director Roberto Hernandez Ramirez

For

Mgmt

7 Elect Director Klaus Kleinfeld

For

Mgmt

8 Elect Director Andrew N. Liveris

For

Mgmt

9 Elect Director Anne Mulcahy

For

Mgmt

10 Elect Director Richard D. Parsons

For

Mgmt

11 Elect Director Charles Prince

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 5

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

12 Elect Director Judith Rodin

For

Mgmt

13 Elect Director Robert E. Rubin

For

Mgmt

14 Elect Director Franklin A. Thomas

For

Mgmt

15 Ratify Auditors

For

Mgmt

16 Report on Government Service of Employees

Against

ShrHoldr

17 Report on Political Contributions

Against

For

ShrHoldr

18 Report on Charitable Contributions

Against

ShrHoldr

19 Approve Report of the Compensation Committee

Against

For

ShrHoldr

20 Report on Pay Disparity

Against

ShrHoldr

21 Separate Chairman and CEO Positions

Against

ShrHoldr

22 Stock Retention/Holding Period

Against

ShrHoldr

23 Restore or Provide for Cumulative Voting

Against

ShrHoldr

24 Amend Bylaws to Permit Shareholders to Call Special Meetings

Against

For

ShrHoldr

11/02/06 - A

Coach, Inc. *COH*

189754104

09/14/06

16,900

1 Elect Directors

For

Mgmt

05/23/07 - A

Comcast Corp. *CMCSA*

20030N101

03/15/07

17,150

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Prohibit Executive Stock-Based Awards

Against

ShrHoldr

4 Separate Chairman and CEO Positions

Against

For

ShrHoldr

5 Prepare Sustainability Report

Against

For

ShrHoldr

6 Company-Specific — Adopt Recapitalization Plan

Against

For

ShrHoldr

7 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

ShrHoldr

8 Report on Pay Disparity

Against

ShrHoldr

9 Report on Political Contributions

Against

ShrHoldr

05/09/07 - A

ConocoPhillips *COP*

20825C104

03/12/07

18,900

1 Elect Director James E. Copeland, Jr.

For

Mgmt

2 Elect Director Kenneth M. Duberstein

For

Mgmt

3 Elect Director Ruth R. Harkin

For

Mgmt

4 Elect Director William R. Rhodes

For

Mgmt

5 Elect Director J. Stapleton Roy

For

Mgmt

6 Elect Director William E. Wade, Jr.

For

Mgmt

7 Ratify Auditors

For

Mgmt

8 Report on Political Contributions

Against

ShrHoldr

9 Report on Renewable Energy Sources

Against

ShrHoldr

10 Require Director Nominee Qualifications

Against

ShrHoldr

11 Report on Environmental Damage from Drilling in the National Petroleum Reserve

Against

For

ShrHoldr

12 Report on Indigenous Peoples Rights Policies

Against

ShrHoldr

13 Report on Community Impact of Operations

Against

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 6

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

04/26/07 - A

Corning Inc. *GLW*

219350105

02/26/07

29,300

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director Robert F. Cummings, Jr. — For

1.2 Elect Director Eugene C. Sit — Withhold

1.3 Elect Director William D. Smithburg —Withhold

1.4 Elect Director Hansel E. Tookes Ii — Withhold

1.5 Elect Director Wendell P. Weeks — Withhold

2 Ratify Auditors

For

Mgmt

3 Declassify the Board of Directors

Against

For

ShrHoldr

03/15/07 - S

CVS Caremark Corp *CVS*

126650100

01/19/07

22,800

1 Amend Articles/Increase Common Stock and Change Company Name

For

Mgmt

2 Issue Shares in Connection with an Acquisition

For

Mgmt

3 Adjourn Meeting

For

Mgmt

05/09/07 - A

CVS Caremark Corp *CVS*

126650100

03/30/07

22,300

1 Elect Director Edwin M. Banks

For

Mgmt

2 Elect Director C. David Brown II

For

Mgmt

3 Elect Director Edwin Mac Crawford

For

Mgmt

4 Elect Director David W. Dorman

For

Mgmt

5 Elect Director Kristen E. Gibney Williams

For

Mgmt

6 Elect Director Roger L. Headrick

For

Against

Mgmt

7 Elect Director Marian L. Heard

For

Mgmt

8 Elect Director William H. Joyce

For

Mgmt

9 Elect Director Jean-Pierre Million

For

Mgmt

10 Elect Director Terrence Murray

For

Mgmt

11 Elect Director C.A. Lance Piccolo

For

Against

Mgmt

12 Elect Director Sheli Z. Rosenberg

For

Mgmt

13 Elect Director Thomas M. Ryan

For

Mgmt

14 Elect Director Richard J. Swift

For

Mgmt

15 Ratify Auditors

For

Mgmt

16 Approve Qualified Employee Stock Purchase Plan

For

Mgmt

17 Approve Executive Incentive Bonus Plan

For

Mgmt

18 Limit Executive Compensation

Against

ShrHoldr

19 Separate Chairman and CEO Positions

Against

For

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 7

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

20 Prepare Sustainability Report

Against

For

ShrHoldr

21 Disclose Information on Compensation Consultant

Against

For

ShrHoldr

22 Compensation Specific- Policy on Stock Option Grants/Option Backdating

Against

For

ShrHoldr

01/25/07 - A

D.R. Horton, Inc. *DHI*

23331A109

12/01/06

19,100

1 Elect Directors

For

Mgmt

2 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

3 Other Business

For

Against

Mgmt

07/21/06 - A

Dell Inc. *DELL*

24702R101

05/26/06

13,900

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Adopt ILO-Based Code of Conduct

Against

ShrHoldr

4 Compensation Company Specific—Declaration of Dividend

Against

ShrHoldr

05/08/07 - A

Developers Diversified Realty Corp. *DDR*

251591103

03/19/07

6,800

1 Fix Number of Directors

For

Mgmt

2 Elect Directors

For

Split

Mgmt

2.1 Elect Director Dean S. Adler — For

2.2 Elect Director Terrance R. Ahern — For

2.3 Elect Director Robert H. Gidel — For

2.4 Elect Director Victor B. MacFarlane — For

2.5 Elect Director Craig Macnab — Withhold

2.6 Elect Director Scott D. Roulston — For

2.7 Elect Director Barry A. Sholem — For

2.8 Elect Director William B. Summers, Jr. — For

2.9 Elect Director Scott A. Wolstein — For

3 Increase Authorized Common Stock

For

Mgmt

4 Amend Articles/Bylaws/Charter-Non-Routine — authorize the Company to notify shareholders of record of shareholder meetings by electronic or other means of communication authorized by the shareholders.

For

Mgmt

5 Amend Articles/Bylaws/Charter-Non-Routine —authorize shareholders and other persons entitled to vote at shareholder meetings to appoint proxies by electronic or other verifiable communications.

For

Mgmt

6 Company Specific-Equity-Related —Issue Shares without Physical Certificates

For

Mgmt

7 Ratify Auditors

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 8

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

05/31/07 - A

Digital River, Inc. *DRIV*

25388B104

04/12/07

3,700

1 Elect Directors

For

Mgmt

2 Approve Omnibus Stock Plan

For

Mgmt

3 Ratify Auditors

For

Mgmt

04/25/07 - A

E.I. Du Pont De Nemours & Co. *DD*

263534109

03/02/07

13,000

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Approve Omnibus Stock Plan

For

Mgmt

4 Report on Genetically Modified Organisms

Against

ShrHoldr

5 Evaluate Community Impact of Plant Closures or Layoffs

Against

ShrHoldr

6 Report on PFOA Compounds in DuPont Products

Against

For

ShrHoldr

7 Report on Lobbying Expenditures related to Environmental Pollution

Against

ShrHoldr

8 Prepare a Global Warming Report

Against

ShrHoldr

9 Report on Security of Chemical Facilities

Against

ShrHoldr

04/26/07 - A

Embarq Corp *EQ*

29078E105

03/05/07

11,200

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

05/03/07 - A

EMC Corp. *EMC*

268648102

03/05/07

38,600

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Amend Omnibus Stock Plan

For

Mgmt

4 Amend Qualified Employee Stock Purchase Plan

For

Mgmt

5 Declassify the Board of Directors

For

Mgmt

6 Limit Composition of Committee(s) to Independent Directors

Against

ShrHoldr

7 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

8 Company Specific-Adopt Simple Majority Vote

Against

For

ShrHoldr

9 Pay For Superior Performance

Against

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 9

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

04/24/07 - A

EOG Resources, Inc. *EOG*

26875P101

03/01/07

6,800

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

05/23/07 - A

Everest Re Group LTD *RE*

G3223R108

03/27/07

3,600

Meeting for Holders of ADRs

1 Elect Directors

For

Mgmt

2 TO APPOINT PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2007 AND AUTHORIZE THE BOARD OF DIRECTORS ACTING BY THE AUDIT COMMITTEE OF THE BOARD TO SET THE FEES FOR THE REGISTERED PUBLIC ACCOU

For

Mgmt

05/23/07 - A

Express Scripts, Inc. *ESRX*

302182100

03/30/07

8,200

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

05/30/07 - A

Exxon Mobil Corp. *XOM*

30231G102

04/05/07

23,400

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Restore or Provide for Cumulative Voting

Against

For

ShrHoldr

4 Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

ShrHoldr

5 Separate Chairman and CEO Positions

Against

For

ShrHoldr

6 Initiate Payment of Cash Dividend

Against

ShrHoldr

7 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

8 Company-Specific- Amend Article IX of the Corporation’s by-laws

Against

ShrHoldr

9 Review Executive Compensation

Against

ShrHoldr

10 Limit Executive Compensation

Against

ShrHoldr

11 Claw-back of Payments under Restatements

Against

For

ShrHoldr

12 Report on Political Contributions

Against

For

ShrHoldr

13 Amend Equal Employment Opportunity Policy to Prohibit Discrimination Based on Sexual Orientation

Against

For

ShrHoldr

14 Report on Environmental Accountability

Against

ShrHoldr

15 Report on Emission Reduction Goals

Against

For

ShrHoldr

16 Report on Carbon Dioxide Emissions Information at Gas Stations

Against

ShrHoldr

17 Adopt Policy to Increase Renewable Energy Portfolio

Against

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 10

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

09/25/06 - A

FedEx Corporation *FDX*

31428X106

07/31/06

3,200

1 Elect Directors

For

Mgmt

2 Reduce Supermajority Vote Requirement

For

Mgmt

3 Ratify Auditors

For

Mgmt

4 Report on Environmental Policy

Against

ShrHoldr

5 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

04/24/07 - A

Fortune Brands, Inc. *FO*

349631101

02/23/07

9,300

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Amend Executive Incentive Bonus Plan

For

Mgmt

4 Approve Omnibus Stock Plan

For

Mgmt

5 Declassify the Board of Directors

Against

For

ShrHoldr

6 Pay For Superior Performance

Against

For

ShrHoldr

09/08/06 - A

Freddie Mac *FRE*

313400301

06/30/06

8,700

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Report on Charitable Contributions

Against

ShrHoldr

06/08/07 - A

Freddie Mac *FRE*

313400301

03/30/07

8,200

1 Elect Director Barbara T. Alexander

For

Mgmt

2 Elect Director Geoffrey T. Boisi

For

Mgmt

3 Elect Director Michelle Engler

For

Mgmt

4 Elect Director Robert R. Glauber

For

Mgmt

5 Elect Director Richard Karl Goeltz

For

Mgmt

6 Elect Director Thomas S. Johnson

For

Mgmt

7 Elect Director William M. Lewis, Jr

For

Mgmt

8 Elect Director Eugene M. McQuade

For

Mgmt

9 Elect Director Shaud F. O Malley

For

Mgmt

10 Elect Director Jeffrey M. Peek

For

Mgmt

11 Elect Director Nicolas P. Retsinas

For

Mgmt

12 Elect Director Stephen A. Ross

For

Mgmt

13 Elect Director Richard F. Syron

For

Mgmt

14 Ratify Auditors

For

Mgmt

15 Amend Omnibus Stock Plan

For

Mgmt

03/14/07 - S

Freeport-McMoRan Copper & Gold Inc. *FCX*

35671D857

02/12/07

7,100

1 Increase Authorized Common Stock

For

Mgmt

2 Issue Shares in Connection with an Acquisition

For

Mgmt

3 Adjourn Meeting

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 11

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

05/16/07 - A

Gemstar - TV Guide International, Inc. *GMST*

36866W106

03/19/07

273

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director Anthea Disney — For

1.2 Elect Director Richard Battista — For

1.3 Elect Director Peter Chernin — For

1.4 Elect Director David F. DeVoe — Withhold

1.5 Elect Director Nicholas Donatiello, Jr. — For

1.6 Elect Director James E. Meyer — For

1.7 Elect Director K. Rupert Murdoch — For

1.8 Elect Director James P. O’Shaughnessy — For

1.9 Elect Director Ruthann Quindlen — For

2 Ratify Auditors

For

Mgmt

3 Approve Omnibus Stock Plan

For

Mgmt

05/31/07 - A

Gen-Probe, Inc. *GPRO*

36866T103

04/09/07

7,100

1 Elect Director Mae C. Jemison, M.D.

For

Against

Mgmt

2 Elect Director Armin M. Kessler

For

Mgmt

3 Approve Executive Incentive Bonus Plan

For

Mgmt

4 Ratify Auditors

For

Mgmt

04/20/07 - A

Genentech, Inc. *DNA*

368710406

02/20/07

6,500

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director Herbert W. Boyer, Ph.D. — Withhold

1.2 Elect Director William M. Burns — Withhold

1.3 Elect Director Erich Hunziker, Ph.D. — Withhold

1.4 Elect Director Jonathan K.C. Knowles, Ph.D. — Withhold

1.5 Elect Director Arthur D. Levinson, Ph.D. — Withhold

1.6 Elect Director Debra L. Reed — For

1.7 Elect Director Charles A. Sanders, M.D. — For

2 Ratify Auditors

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 12

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

04/25/07 - A

General Electric Co. *GE*

369604103

02/26/07

35,300

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director James I. Cash, Jr. — For

1.2 Elect Director William M. Castell — For

1.3 Elect Director Ann M. Fudge — For

1.4 Elect Director Claudio X. Gonzalez — Withhold

1.5 Elect Director Susan Hockfield — For

1.6 Elect Director Jerry R. Immelt — For

1.7 Elect Director Andrea Jung — For

1.8 Elect Director Alan G. Lafley — For

1.9 Elect Director Robert W. Lane — For

1.10 Elect Director Ralph S. Larsen — For

1.11 Elect Director Rochelle B. Lazarus — For

1.12 Elect Director Sam Nunn — For

1.13 Elect Director Roger S. Penske — For

1.14 Elect Director Robert J. Swieringa — For

1.15 Elect Director Douglas A. Warner III — For

1.16 Elect Director Robert C. Wright — For

2 Ratify Auditors

For

Mgmt

3 Adopt Majority Vote Standard in Director Elections

For

Mgmt

4 Approve Omnibus Stock Plan

For

Mgmt

5 Company-Specific-Approve Material Terms of Senior Officer Performance Goals

For

Mgmt

6 Provide for Cumulative Voting

Against

For

ShrHoldr

7 Company-Specific — Adopt Policy on Overboarded Directors

Against

For

ShrHoldr

8 Company-Specific— One Director from the Ranks of Retirees

Against

ShrHoldr

9 Separate Chairman and CEO Positions

Against

For

ShrHoldr

10 Limit Dividend and Dividend Equivalent Payments to Executives

Against

For

ShrHoldr

11 Report on Charitable Contributions

Against

ShrHoldr

12 Report on Global Warming

Against

ShrHoldr

13 Adopt Ethical Criteria for Military Contracts

Against

ShrHoldr

14 Report on Pay Disparity

Against

ShrHoldr

05/09/07 - A

Gilead Sciences, Inc. *GILD*

375558103

03/22/07

7,900

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director Paul Berg — For

1.2 Elect Director John F. Cogan — For

1.3 Elect Director Etienne F. Davignon — Withhold


Mgmt Rec - Company Management Recommended Vote		Page 13

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

1.4 Elect Director James M. Denny — For

1.5 Elect Director Carla A. Hills — For

1.6 Elect Director John W. Madigan — For

1.7 Elect Director John C. Martin — For

1.8 Elect Director Gordon E. Moore — For

1.9 Elect Director Nicholas Moore — For

1.10 Elect Director Gayle E. Wilson — For

2 Ratify Auditors

For

Mgmt

3 Amend Omnibus Stock Plan

For

Mgmt

4 Amend Qualified Employee Stock Purchase Plan

For

Mgmt

04/24/07 - A

Goodrich Corporation *GR*

382388106

03/05/07

15,000

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Pay For Superior Performance

Against

For

ShrHoldr

05/10/07 - A

Google Inc *GOOG*

38259P508

03/22/07

1,700

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Amend Omnibus Stock Plan

For

Against

Mgmt

4 Approve Executive Incentive Bonus Plan

For

Mgmt

5 Adopt Policies to Protect Freedom of Access to the Internet

Against

For

ShrHoldr

05/17/07 - A

Grant Prideco Inc *GRP*

38821G101

03/28/07

17,000

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director David J. Butters — For

1.2 Elect Director Eliot M. Fried — For

1.3 Elect Director Dennis R. Hendrix — For

1.4 Elect Director Harold E. Layman — For

1.5 Elect Director Michael McShane — For

1.6 Elect Director Robert K. Moses, Jr. — For

1.7 Elect Director Joseph E. Reid — For

1.8 Elect Director David A. Trice — Withhold

05/15/07 - A

Hanover Insurance Group Inc *THG*

410867105

03/23/07

12,800

1 Elect Director Michael P. Angelini

For

Mgmt

2 Elect Director P. Kevin Condron

For

Mgmt

3 Elect Director Neal F. Finnegan

For

Mgmt

4 Ratify Auditors

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 14

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

03/14/07 - A

Hewlett-Packard Co. *HPQ*

428236103

01/16/07

23,800

1 Elect Director L.T. Babbio, Jr.

For

Mgmt

2 Elect Director S.M. Baldauf

For

Mgmt

3 Elect Director R.A. Hackborn

For

Mgmt

4 Elect Director J.H. Hammergren

For

Mgmt

5 Elect Director M.V. Hurd

For

Mgmt

6 Elect Director R.L. Ryan

For

Mgmt

7 Elect Director L.S. Salhany

For

Mgmt

8 Elect Director G.K.Thompson

For

Mgmt

9 Ratify Auditors

For

Mgmt

10 Require Director Nominee Qualifications

Against

For

ShrHoldr

11 Separate Chairman and CEO Positions

Against

ShrHoldr

12 Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote

Against

For

ShrHoldr

13 Performance-Based Equity Awards

Against

For

ShrHoldr

05/17/07 - A

Host Hotels & Resorts, Inc. *HST*

44107P104

03/29/07

14,900

1 Elect Director Roberts M. Baylis

For

Mgmt

2 Elect Director Terence C. Golden

For

Against

Mgmt

3 Elect Director Ann M. Korologos

For

Mgmt

4 Elect Director Richard E. Marriott

For

Mgmt

5 Elect Director Judith A. Mchale

For

Mgmt

6 Elect Director John B. Morse Jr

For

Mgmt

7 Elect Director Christopher J. Nassetta

For

Mgmt

8 Ratify Auditors

For

Mgmt

05/16/07 - A

Intel Corp. *INTC*

458140100

03/19/07

57,900

1 Elect Director Craig R. Barrett

For

Mgmt

2 Elect Director Charlene Barshefsky

For

Against

Mgmt

3 Elect Director Susan L. Decker

For

Mgmt

4 Elect Director D. James Guzy

For

Mgmt

5 Elect Director Reed E. Hundt

For

Mgmt

6 Elect Director Paul S. Otellini

For

Mgmt

7 Elect Director James D. Plummer

For

Mgmt

8 Elect Director David S. Pottruck

For

Mgmt

9 Elect Director Jane E. Shaw

For

Mgmt

10 Elect Director John L. Thornton

For

Mgmt

11 Elect Director David B. Yoffie

For

Mgmt

12 Ratify Auditors

For

Mgmt

13 Amend Omnibus Stock Plan

For

Mgmt

14 Approve Executive Incentive Bonus Plan

For

Mgmt

15 Limit Executive Compensation

Against

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 15

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

04/24/07 - A

International Business Machines Corp. *IBM*

459200101

02/23/07

13,900

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Reduce Supermajority Vote Requirement

For

Mgmt

4 Reduce Supermajority Vote Requirement

For

Mgmt

5 Reduce Supermajority Vote Requirement

For

Mgmt

6 Reduce Supermajority Vote Requirement

For

Mgmt

7 Restore or Provide for Cumulative Voting

Against

For

ShrHoldr

8 Evaluate Age Discrimination in Retirement Plans

Against

ShrHoldr

9 Review Executive Compensation

Against

For

ShrHoldr

10 Report on Outsourcing

Against

ShrHoldr

11 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

05/17/07 - A

Jarden Corp. *JAH*

471109108

03/28/07

800

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

04/26/07 - A

Johnson & Johnson *JNJ*

478160104

02/27/07

22,000

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

4 Submit Supplemental Executive Retirement Plans to Shareholder vote

Against

For

ShrHoldr

05/15/07 - A

JPMorgan Chase & Co. *JPM*

46625H100

03/16/07

27,400

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Put Repricing of Stock Options to Shareholder Vote

Against

ShrHoldr

4 Performance-Based and/or Time-Based Equity Awards

Against

For

ShrHoldr

5 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

6 Separate Chairman and CEO Positions

Against

ShrHoldr

7 Provide for Cumulative Voting

Against

For

ShrHoldr

8 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

9 Report on Political Contributions

Against

ShrHoldr

10 Report on Management Initiatives to Address Links to Slavery and Human Rights Abuse

Against

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 16

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

04/27/07 - A

Kellogg Co. *K*

487836108

03/01/07

5,800

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Prepare a Sustainability Report

Against

ShrHoldr

4 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

04/26/07 - A

Kimberly-Clark Corp. *KMB*

494368103

02/26/07

7,000

1 Elect Director James M. Jenness

For

Mgmt

2 Elect Director Linda Johnson Rice

For

Mgmt

3 Elect Director Marc J. Shapiro

For

Mgmt

4 Ratify Auditors

For

Mgmt

5 Declassify the Board of Directors

For

Mgmt

6 Adopt Simple Majority Vote

Against

For

ShrHoldr

7 Adopt ILO Standards

Against

ShrHoldr

8 Report on Feasibility of Phasing Out the Use of Non-certified Wood Fiber

Against

ShrHoldr

05/18/07 - A

Macy’s Inc *M*

31410H101

03/23/07

16,700

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Change Company Name

For

Mgmt

4 Amend Executive Incentive Bonus Plan

For

Mgmt

5 Approve Deferred Compensation Plan

For

Mgmt

05/02/07 - A

Manpower Inc. *MAN*

56418H100

02/21/07

4,400

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Approve Executive Incentive Bonus Plan

For

Mgmt

4 MacBride Principles

Against

ShrHoldr

04/27/07 - A

Marriott International Inc. *MAR*

571903202

03/06/07

12,000

1 Elect Director J.W. Marriott, Jr.

For

Mgmt

2 Elect Director John W. Marriott, III

For

Mgmt

3 Elect Director Richard S. Braddock

For

Mgmt

4 Elect Director Lawrence W. Kellner

For

Mgmt

5 Elect Director Debra L. Lee

For

Mgmt

6 Elect Director Floretta Dukes McKenzie

For

Mgmt

7 Elect Director George Munoz

For

Mgmt

8 Elect Director Steven S Reinemund

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 17

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

9 Elect Director Harry J. Pearce

For

Mgmt

10 Elect Director William J. Shaw

For

Mgmt

11 Elect Director Lawrence M. Small

For

Mgmt

12 Ratify Auditors

For

Mgmt

05/24/07 - A

McDonald’s Corp. *MCD*

580135101

03/26/07

17,600

1 Elect Director Edward A. Brennan

For

Mgmt

2 Elect Director Walter E. Massey

For

Mgmt

3 Elect Director John W. Rogers, Jr.

For

Mgmt

4 Elect Director Roger W. Stone

For

Mgmt

5 Ratify Auditors

For

Mgmt

6 Label Genetically Modified Organisms

��

Against

ShrHoldr

7 Adopt and Implement ILO Based Code of Conduct

Against

ShrHoldr

08/24/06 - A

Medtronic, Inc. *MDT*

585055106

06/26/06

13,600

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director Richard H. Anderson — For

1.2 Elect Director Michael R. Bonsignore — For

1.3 Elect Director Robert C. Pozen — For

1.4 Elect Director Gordon M. Sprenger — Withhold

2 Ratify Auditors

For

Mgmt

3 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

04/17/07 - A

Mellon Financial Corp.

58551A108

02/09/07

11,500

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director Jared L. Cohon — For

1.2 Elect Director Ira J. Gumberg — For

1.3 Elect Director Robert P. Kelly — For

1.4 Elect Director David S. Shapira — For

1.5 Elect Director John P. Surma — Withhold

2 Declassify the Board of Directors

For

Mgmt

3 Amend Omnibus Stock Plan

For

Mgmt

4 Ratify Auditors

For

Mgmt

05/24/07 - S

Mellon Financial Corp.

58551A108

04/12/07

14,000

1 Approve Merger Agreement

For

Mgmt

2 Adopt Supermajority Vote Requirement for Mergers

For

Mgmt

3 Increase Authorized Preferred and Common Stock

For

Mgmt

4 Adjourn Meeting

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 18

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

04/24/07 - A

MetLife, Inc *MET*

59156R108

03/01/07

7,900

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

11/14/06 - A

Microsoft Corp. *MSFT*

594918104

09/08/06

66,200

1 Elect Director William H. Gates, III

For

Mgmt

2 Elect Director Steven A. Ballmer

For

Mgmt

3 Elect Director James I. Cash, Jr., Ph.D.

For

Mgmt

4 Elect Director Dina Dublon

For

Mgmt

5 Elect Director Raymond V. Gilmartin

For

Mgmt

6 Elect Director David F. Marquardt

For

Mgmt

7 Elect Director Charles H. Noski

For

Mgmt

8 Elect Director Helmut Panke

For

Mgmt

9 Elect Director Jon A. Shirley

For

Mgmt

10 Ratify Auditors

For

Mgmt

11 Cease Product Sales that Can Be Used to Violate Human Rights

Against

ShrHoldr

12 Amend EEO Statement to Not Reference Sexual Orientation

Against

ShrHoldr

13 Establish Shareholder Advisory Committee

Against

ShrHoldr

04/10/07 - A

Morgan Stanley

617446448

02/09/07

11,400

1 Elect Director Roy J. Bostock

For

Mgmt

2 Elect Director Erskine B. Bowles

For

Mgmt

3 Elect Director Howard J. Davies

For

Mgmt

4 Elect Director C. Robert Kidder

For

Mgmt

5 Elect Director John J. Mack

For

Mgmt

6 Elect Director Donald T. Nicolaisen

For

Mgmt

7 Elect Director Charles H. Noski

For

Mgmt

8 Elect Director Hutham S. Olayan

For

Mgmt

9 Elect Director Charles E. Phillips, Jr.

For

Mgmt

10 Elect Director Griffith Sexton

For

Mgmt

11 Elect Director Laura D. Tyson

For

Mgmt

12 Elect Director Klaus Zumwinkel

For

Against

Mgmt

13 Ratify Auditors

For

Mgmt

14 Approve Omnibus Stock Plan

For

Against

Mgmt

15 Amend Vote Requirements to Amend Articles/Bylaws/Charter

Against

For

ShrHoldr

16 Approve Report of the Compensation Committee

Against

For

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 19

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote

Cast

Record Date

Prpnent

Shares
Voted

05/07/07 - PC

Motorola, Inc. *MOT*

620076109

03/08/07

35,200

Management Proxy (White Card)

1 Elect Directors

For

DoNotVote

Mgmt

2 Amend Qualified Employee Stock Purchase Plan

For

DoNotVote

Mgmt

3 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

DoNotVote

ShrHoldr

4 Claw-back of Payments under Restatements

Against

DoNotVote

ShrHoldr

Dissident Proxy (Gold Card)

1 Elect Directors (Opposition Slate)

For

Mgmt

2 Amend Qualified Employee Stock Purchase Plan

None

For

Mgmt

3 Advisory Vote to Ratify Named Executive Officers’ Compensation

For

ShrHoldr

4 Claw-back of Payments under Restatements

None

For

ShrHoldr

06/05/07 - A

National Oilwell Varco, Inc. *NOV*

637071101

04/13/07

7,500

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

10/06/06 - A

National Semiconductor Corp. *NSM*

637640103

08/18/06

19,000

1 Elect Director Brian L. Halla

For

Mgmt

2 Elect Director Steven R. Appleton

For

Mgmt

3 Elect Director Gary P. Arnold

For

Mgmt

4 Elect Director Richard J. Danzig

For

Mgmt

5 Elect Director John T. Dickson

For

Mgmt

6 Elect Director Robert J. Frankenberg

For

Mgmt

7 Elect Director E. Floyd Kvamme

For

Mgmt

8 Elect Director Modesto A. Maidique

For

Mgmt

9 Elect Director Edward McCracken

For

Mgmt

10 Ratify Auditors

For

Mgmt

09/18/06 - A

Nike, Inc. *NKE*

654106103

07/25/06

5,300

1 Elect Directors

For

Mgmt

2 Report on Charitable Contributions

Against

ShrHoldr

3 Ratify Auditors

For

Mgmt

05/10/07 - A

Norfolk Southern Corp. *NSC*

655844108

03/05/07

10,700

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 20

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

08/22/06 - A

North Fork Bancorporation, Inc.

659424105

07/07/06

15,400

1 Approve Merger Agreement

For

Mgmt

2 Adjourn Meeting

For

Against

Mgmt

3 Elect Directors

For

Mgmt

4 Ratify Auditors

For

Mgmt

05/16/07 - A

Northrop Grumman Corp. *NOC*

666807102

03/20/07

9,600

1 Elect Director Lewis W. Coleman

For

Mgmt

2 Elect Director Victor H. Fazio

For

Mgmt

3 Elect Director Donald E. Felsinger

For

Mgmt

4 Elect Director Stephen E. Frank

For

Mgmt

5 Elect Director Charles R. Larson

For

Mgmt

6 Elect Director Richard B. Myers

For

Mgmt

7 Elect Director Philip A. Odeen

For

Mgmt

8 Elect Director Aulana L. Peters

For

Mgmt

9 Elect Director Kevin W. Sharer

For

Mgmt

10 Elect Director Ronald D. Sugar

For

Mgmt

11 Ratify Auditors

For

Mgmt

12 Approve Non-Employee Director Omnibus Stock Plan

For

Mgmt

13 Report on Foreign Arms Sales

Against

ShrHoldr

14 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

15 Separate Chairman and CEO Positions

Against

ShrHoldr

05/04/07 - A

Occidental Petroleum Corp. *OXY*

674599105

03/15/07

14,300

1 Elect Director Spencer Abraham

For

Against

Mgmt

2 Elect Director Ronald W. Burkle

For

Mgmt

3 Elect Director John S. Chalsty

For

Against

Mgmt

4 Elect Director Edward P. Djerejian

For

Mgmt

5 Elect Director R. Chad Dreier

For

Against

Mgmt

6 Elect Director John E. Feick

For

Mgmt

7 Elect Director Ray R. Irani

For

Mgmt

8 Elect Director Irvin W. Maloney

For

Against

Mgmt

9 Elect Director Rodolfo Segovia

For

Against

Mgmt

10 Elect Director Aziz D. Syriani

For

Mgmt

11 Elect Director Rosemary Tomich

For

Against

Mgmt

12 Elect Director Walter L. Weisman

For

Mgmt

13 Ratify Auditors

For

Mgmt

14 Amend Omnibus Stock Plan

For

Against

Mgmt

15 Publish a Scientific Global Warming Report

Against

ShrHoldr

16 Advisory Vote to Ratify Named Executive Officers Compensation

Against

For

ShrHoldr

17 Performance-Based and/or Time-Based Equity Awards

Against

For

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 21

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

10/09/06 - A

Oracle Corp. *ORCL*

68389X105

08/14/06

22,800

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director Jeffrey O. Henley — For

1.2 Elect Director Lawrence J. Ellison — For

1.3 Elect Director Donald L. Lucas — For

1.4 Elect Director Michael J. Boskin — For

1.5 Elect Director Jack F. Kemp — Withhold

1.6 Elect Director Jeffrey S. Berg — For

1.7 Elect Director Safra A. Catz — For

1.8 Elect Director Hector Garcia-Molina — For

1.9 Elect Director H. Raymond Bingham — For

1.10 Elect Director Charles E Phillips, Jr. — For

1.11 Elect Director Naomi O. Seligman — For

2 Approve Executive Incentive Bonus Plan

For

Mgmt

3 Ratify Auditors

For

Mgmt

4 Amend Non-Employee Director Omnibus Stock Plan

For

Mgmt

05/02/07 - A

PepsiCo, Inc. *PEP*

713448108

03/09/07

18,200

1 Elect Director Dina Dublon

For

Mgmt

2 Elect Director Victor J. Dzau, M.D.

For

Mgmt

3 Elect Director Ray L. Hunt

For

Mgmt

4 Elect Director Alberto Ibarguen

For

Mgmt

5 Elect Director Arthur C. Martinez

For

Mgmt

6 Elect Director Indra K. Nooyi

For

Mgmt

7 Elect Director Sharon Percy Rockefeller

For

Mgmt

8 Elect Director James J. Schiro

For

Mgmt

9 Elect Director Daniel Vasella

For

Mgmt

10 Elect Director Michael D. White

For

Mgmt

11 Ratify Auditors

For

Mgmt

12 Approve Omnibus Stock Plan

For

Mgmt

13 Report on Charitable Contributions

Against

ShrHoldr

04/26/07 - A

Pfizer Inc. *PFE*

717081103

03/01/07

39,100

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Restore or Provide for Cumulative Voting

Against

For

ShrHoldr

4 Report on Animal Testing Policies

Against

ShrHoldr

5 Amend Animal Welfare Policy

Against

ShrHoldr

6 Require Director Nominee Qualifications

Against

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 22

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

06/19/07 - A

Phillips-Van Heusen Corp. *PVH*

718592108

04/23/07

6,900

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

05/23/07 - A

PPL Corp. *PPL*

69351T106

02/28/07

16,900

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Adopt Simple Majority Vote

Against

For

ShrHoldr

05/15/07 - A

ProLogis *PLD*

743410102

03/12/07

6,700

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director K. Dane Brooksher — For

1.2 Elect Director Stephen L. Feinberg — For

1.3 Elect Director George L. Fotiades — For

1.4 Elect Director Christine N. Garvey — For

1.5 Elect Director Donald P. Jacobs — For

1.6 Elect Director Walter C. Rakowich — For

1.7 Elect Director Nelson C. Rising — For

1.8 Elect Director Jeffrey H. Schwartz — For

1.9 Elect Director D. Michael Steuert — For

1.10 Elect Director J. Andre Teixeira — For

1.11 Elect Director William D. Zollars — Withhold

1.12 Elect Director Andrea M. Zulberti — For

2 Ratify Auditors

For

Mgmt

05/08/07 - A

Prudential Financial Inc *PRU*

744320102

03/09/07

7,700

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

03/13/07 - A

QUALCOMM Inc. *QCOM*

747525103

01/12/07

20,200

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 23

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

05/08/07 - A

Quest Diagnostics, Incorporated *DGX*

74834L100

03/12/07

9,600

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

05/23/07 - A

Qwest Communications International Inc. *Q*

749121109

03/26/07

37,900

1 Elect Director Richard C. Notebaert

For

Mgmt

2 Elect Director Linda G. Alvarado

For

Mgmt

3 Elect Director Charles L. Biggs

For

Mgmt

4 Elect Director K. Dane Brooksher

For

Mgmt

5 Elect Director Peter S. Hellman

For

Mgmt

6 Elect Director R. David Hoover

For

Against

Mgmt

7 Elect Director Patrick J. Martin

For

Mgmt

8 Elect Director Caroline Matthews

For

Mgmt

9 Elect Director Wayne W. Murdy

For

Mgmt

10 Elect Director Frank P. Popoff

For

Mgmt

11 Elect Director James A. Unruh

For

Mgmt

12 Elect Director Anthony Welters

For

Mgmt

13 Ratify Auditors

For

Mgmt

14 Amend Omnibus Stock Plan

For

Against

Mgmt

15 Performance-Based and/or Time-Based Equity Awards

Against

For

ShrHoldr

16 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

17 Submit Supplemental Executive Retirement Plans to Shareholder vote

Against

For

ShrHoldr

18 Separate Chairman and CEO Positions

Against

For

ShrHoldr

05/17/07 - A

Republic Services, Inc. *RSG*

760759100

03/28/07

18,450

1 Elect Directors

For

Mgmt

2 Approve Omnibus Stock Plan

For

Mgmt

3 Ratify Auditors

For

Mgmt

05/03/07 - A

Robert Half International Inc. *RHI*

770323103

03/09/07

5,600

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Amend EEO Statement to Include Reference to Sexual Orientation

Against

ShrHoldr

05/15/07 - A

St. Mary Land & Exploration Co. *SM*

792228108

03/30/07

6,500

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 24

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

05/17/07 - A

Steel Dynamics, Inc. *STLD*

858119100

03/26/07

9,400

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

04/19/07 - A

Texas Instruments Inc. *TXN*

882508104

02/20/07

26,300

1 Elect Director James R. Adams

For

Mgmt

2 Elect Director David L. Boren

For

Mgmt

3 Elect Director Daniel A. Carp

For

Against

Mgmt

4 Elect Director Carrie S. Cox

For

Mgmt

5 Elect Director Thomas J. Engibous

For

Mgmt

6 Elect Director David R. Goode

For

Mgmt

7 Elect Director Pamela H. Patsley

For

Mgmt

8 Elect Director Wayne R. Sanders

For

Mgmt

9 Elect Director Ruth J. Simmons

For

Against

Mgmt

10 Elect Director Richard K. Templeton

For

Mgmt

11 Elect Director Christine Todd Whitman

For

Against

Mgmt

12 Ratify Auditors

For

Mgmt

04/25/07 - A

Textron Inc. *TXT*

883203101

03/02/07

9,300

1 Elect Director Kathleen M. Bader

For

Mgmt

2 Elect Director R. Kerry Clark

For

Against

Mgmt

3 Elect Director Ivor J. Evans

For

Against

Mgmt

4 Elect Director Lord Powell

For

Against

Mgmt

5 Elect Director James L. Ziemer

For

Mgmt

6 Approve Executive Incentive Bonus Plan

For

Mgmt

7 Approve Omnibus Stock Plan

For

Mgmt

8 Ratify Auditors

For

Mgmt

9 Social Proposal

Against

ShrHoldr

05/15/07 - A

The Allstate Corp. *ALL*

020002101

03/16/07

9,000

1 Elect Director F. Duane Ackerman

For

Mgmt

2 Elect Director James G. Andress

For

Mgmt

3 Elect Director Robert D. Beyer

For

Mgmt

4 Elect Director W. James Farrell

For

Mgmt

5 Elect Director Jack M. Greenberg

For

Mgmt

6 Elect Director Ronald T. LeMay

For

Mgmt

7 Elect Director Edward M. Liddy

For

Mgmt

8 Elect Director J. Christopher Reyes

For

Mgmt

9 Elect Director H. John Riley, Jr.

For

Mgmt

10 Elect Director Joshua I. Smith

For

Mgmt

11 Elect Director Judith A. Sprieser

For

Mgmt

12 Elect Director Mary Alice Taylor

For

Mgmt

13 Elect Director Thomas J. Wilson

For

Mgmt

14 Ratify Auditors

For

Mgmt

15 Reduce Supermajority Vote Requirement

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 25

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

05/10/07 - A

The Dow Chemical Company *DOW*

260543103

03/12/07

17,000

1 Elect Directors

For

Mgmt

1.9 WITHDRAWN

None

For

Mgmt

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Reduce Supermajority Vote Requirement

For

Mgmt

4 Report on Remediation Policies in Bhopal

Against

ShrHoldr

5 Report on Genetically Modified Organisms

Against

ShrHoldr

6 Report on Environmental Remediation

Against

For

ShrHoldr

7 Evaluate Potential Links Between Company Products and Asthma

Against

ShrHoldr

04/23/07 - A

The Lubrizol Corp. *LZ*

549271104

03/02/07

12,100

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

05/17/07 - A

The PMI Group, Inc. *PMI*

69344M101

03/30/07

10,200

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

10/10/06 - A

The Procter & Gamble Company *PG*

742718109

08/11/06

27,085

1 Elect Directors

For

Mgmt

2 Approve Decrease in Size of Board

For

Mgmt

3 Ratify Auditors

For

Mgmt

4 Amend Omnibus Stock Plan

For

Mgmt

5 Put Repricing of Stock Options to Shareholder Vote

Against

ShrHoldr

03/08/07 - A

The Walt Disney Company *DIS*

254687106

01/08/07

18,900

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Amend Omnibus Stock Plan

For

Mgmt

4 Amend Executive Incentive Bonus Plan

For

Mgmt

5 Company-Specific—Governance-Related - No Greenmail payments

Against

ShrHoldr

6 Approve/Amend Terms of Existing Poison Pill

Against

For

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 26

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

05/02/07 - A

Thomas & Betts Corp. *TNB*

884315102

03/05/07

7,300

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

07/20/06 - A

Tidewater Inc. *TDW*

886423102

05/24/06

7,300

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Declassify the Board of Directors

For

Mgmt

4 Approve Omnibus Stock Plan

For

Mgmt

05/18/07 - A

Time Warner Inc *TWX*

887317105

03/30/07

37,700

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Reduce Supermajority Vote Requirement

For

Mgmt

4 Advisory Vote to Ratify Named Executive Officers’Compensation

Against

For

ShrHoldr

5 Separate Chairman and CEO Positions

Against

ShrHoldr

6 Company Specific- Adopt Simple Majority Vote

Against

For

ShrHoldr

7 Amend Articles/Bylaws/Charter — Call Special Meetings

Against

For

ShrHoldr

8 Company-Specific- Stockholder Ratification of Director Compensation, When a Stockholder Rights Plan Has Been Adopted

Against

ShrHoldr

04/17/07 - A

U.S. Bancorp *USB*

902973304

02/26/07

24,500

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Approve Omnibus Stock Plan

For

Mgmt

4 Declassify the Board of Directors

For

Mgmt

5 Approve Report of the Compensation Committee

Against

For

ShrHoldr

6 Establish SERP Policy

Against

For

ShrHoldr

04/24/07 - A

United States Steel Corp. *X*

912909108

02/23/07

12,100

1 Elect Directors

For

Split

Mgmt

1.1 Elect Director Robert J. Darnall — For

1.2 Elect Director John G. Drosdick — For

1.3 Elect Director Charles R. Lee — For

1.4 Elect Director Jeffrey M. Lipton — Withhold

1.5 Elect Director Glenda G. McNeal — For

1.6 Elect Director Patricia A. Tracey — For

2 Ratify Auditors

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 27

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

04/11/07 - A

United Technologies Corp. *UTX*

913017109

02/13/07

14,400

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Establish Term Limits for Directors

Against

ShrHoldr

4 Report on Foreign Military Sales

Against

ShrHoldr

5 Report on Political Contributions

Against

ShrHoldr

6 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

7 Pay For Superior Performance

Against

For

ShrHoldr

05/29/07 - A

UnitedHealth Group Incorporated *UNH*

91324P102

04/09/07

18,300

1 Elect Directors

For

Mgmt

2 Company Specific—Majority Vote for the Election of Directors

For

Mgmt

3 Declassify the Board of Directors

For

Mgmt

4 Reduce Supermajority Vote Requirement for Removal of Directors

For

Mgmt

5 Reduce Supermajority Vote Requirement

For

Mgmt

6 Amend Articles-Make Stylistic, Clarifying and Conforming Changes

For

Mgmt

7 Ratify Auditors

For

Mgmt

8 Performance-Based and/or Time-Based Equity Awards

Against

For

ShrHoldr

9 Establish SERP Policy

Against

For

ShrHoldr

10 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr

11 Equal Access to the Proxy for Purpose of Electing a Director

Against

For

ShrHoldr

05/03/07 - A

Verizon Communications *VZ*

92343V104

03/05/07

28,100

1 Elect Director James R. Barker

For

Mgmt

2 Elect Director Richard L. Carrion

For

Mgmt

3 Elect Director M. Frances Keeth

For

Mgmt

4 Elect Director Robert W. Lane

For

Mgmt

5 Elect Director Sandra O. Moose

For

Mgmt

6 Elect Director Joseph Neubauer

For

Mgmt

7 Elect Director Donald T. Nicolaisen

For

Mgmt

8 Elect Director Thomas H. O’Brien

For

Mgmt

9 Elect Director Clarence Otis, Jr.

For

Mgmt

10 Elect Director Hugh B. Price

For

Mgmt

11 Elect Director Ivan G. Seidenberg

For

Mgmt

12 Elect Director Walter V. Shipley

For

Mgmt

13 Elect Director John W. Snow

For

Mgmt


Mgmt Rec - Company Management Recommended Vote		Page 28

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

14 Elect Director John R. Stafford

For

Mgmt

15 Elect Director Robert D. Storey

For

Mgmt

16 Ratify Auditors

For

Mgmt

17 Limit Executive Compensation

Against

ShrHoldr

18 Eliminate or Restrict Severance Agreements (Change-in-Control)

Against

For

ShrHoldr

19 Disclose Information on Compensation Consultant

Against

For

ShrHoldr

20 Advisory Vote to Ratify Named Executive Officer’s Compensation

Against

For

ShrHoldr

21 Adopt Policy on Overboarded Director

Against

ShrHoldr

22 Approve Terms of Existing Poison Pill

Against

ShrHoldr

23 Report on Charitable Contributions

Against

ShrHoldr

05/31/07 - A

Vertex Pharmaceuticals Inc. *VRTX*

92532F100

04/03/07

6,700

1 Elect Directors

For

Mgmt

05/08/07 - A

W. R. Berkley Corp. *BER*

084423102

03/19/07

13,200

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

06/01/07 - A

Wal-Mart Stores, Inc. *WMT*

931142103

04/05/07

4,700

1 Elect Director Aida M. Alvarez

For

Mgmt

2 Elect Director James W. Breyer

For

Mgmt

3 Elect Director M. Michele Burns

For

Mgmt

4 Elect Director James I. Cash, Jr.

For

Mgmt

5 Elect Director Roger C. Corbett

For

Mgmt

6 Elect Director Douglas N. Daft

For

Mgmt

7 Elect Director David D. Glass

For

Mgmt

8 Elect Director Roland A. Hernandez

For

Mgmt

9 Elect Director Allen I. Questrom

For

Mgmt

10 Elect Director H. Lee Scott, Jr.

For

Mgmt

11 Elect Director Jack C. Shewmaker

For

Against

Mgmt

12 Elect Director Jim C. Walton

For

Mgmt

13 Elect Director S. Robson Walton

For

Mgmt

14 Elect Director Christopher J. Williams

For

Mgmt

15 Elect Director Linda S. Wolf

For

Mgmt

16 Ratify Auditors

For

Mgmt

17 Report on Charitable Contributions

Against

ShrHoldr

18 Report on Healthcare Policies

Against

ShrHoldr

19 Pay For Superior Performance

Against

For

ShrHoldr

20 Report on Equity Compensation by Race and Gender

Against

For

ShrHoldr

21 Report on Pay Disparity

Against

ShrHoldr

22 Prepare Business Social Responsibility Report

Against

ShrHoldr

23 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 29

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

24 Report on Political Contributions

Against

For

ShrHoldr

25 Report on Social and Reputation Impact of Failure to Comply with ILO Conventions

Against

ShrHoldr

26 Restore or Provide for Cumulative Voting

Against

For

ShrHoldr

27 Require Director Nominee Qualifications

Against

ShrHoldr

04/17/07 - A

Washington Mutual, Inc *WM*

939322103

02/28/07

17,800

1 Elect Directors

For

Mgmt

2 Ratify Auditors

For

Mgmt

3 Establish SERP Policy

Against

For

ShrHoldr

4 Require a Majority Vote for the Election of Directors

Against

For

ShrHoldr

5 Require Director Nominee Qualifications

Against

ShrHoldr

05/16/07 - A

Wellpoint Inc *WLP*

94973V107

03/15/07

8,800

1 Elect Directors

For

Mgmt

2 Company Specific—Approve Majority Voting for the Non- Contested Election of Directors

For

Mgmt

3 Ratify Auditors

For

Mgmt

04/26/07 - A

Wyeth *WYE*

983024100

03/02/07

15,500

1 Elect Director Robert Essner

For

Mgmt

2 Elect Director John D. Feerick

For

Mgmt

3 Elect Director Frances D. Fergusson

For

Mgmt

4 Elect Director Victor F. Ganzi

For

Mgmt

5 Elect Director Robert Langer

For

Mgmt

6 Elect Director John P. Mascotte

For

Mgmt

7 Elect Director Raymond J. McGuire

For

Mgmt

8 Elect Director Mary Lake Polan

For

Mgmt

9 Elect Director Bernard Poussot

For

Mgmt

10 Elect Director Gary L. Rogers

For

Mgmt

11 Elect Director Ivan G. Seidenberg

For

Mgmt

12 Elect Director Walter V. Shipley

For

Mgmt

13 Elect Director John R. Torell III

For

Mgmt

14 Ratify Auditors

For

Mgmt

15 Reduce Supermajority Vote Requirement

For

Mgmt

16 Amend Omnibus Stock Plan

For

Mgmt

17 Adopt Animal Welfare Policy

Against

ShrHoldr

18 Report on Policy to Limit Drug Supply to Canada

Against

For

ShrHoldr

19 Report on Political Contributions

Against

For

ShrHoldr

20 Claw-back of Payments under Restatements

Against

For

ShrHoldr

21 Company-Specific - Interlocking Directorship

Against

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 30

Vote Summary Report

Jul 01, 2006 - Jun 30, 2007

Lincoln Variable Annuity Fund A (Seperate Acct. A) - SAA

Mtg

Date/Type

Company/

Ballot Issues

Security

Mgmt Rec

Vote Cast

Record Date

Prpnent

Shares
Voted

22 Disclose Information-Proposal Withdrawn. No Vote Required

Against

Abstain

ShrHoldr

23 Separate Chairman and CEO Positions

Against

For

ShrHoldr

24 Advisory Vote to Ratify Named Executive Officers’ Compensation

Against

For

ShrHoldr


Mgmt Rec - Company Management Recommended Vote		Page 31

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, thereunto duly authorized.


Lincoln National Variable Annuity Fund A (Registrant)

By:		/s/ Kevin J. Adamson
		(Signature)

		Kevin J. Adamson Second Vice President
		(Printed Name and Title)

Date:		August 24, 2007

Lincoln National Variable Annuity Fund A N-PXAnnual report of proxy voting record