FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

INVESTMENT COMPANY ACT FILE NUMBER: 811-02841

EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Capital Trust

Fund Name: Fidelity Focused Stock Fund

82 DEVONSHIRE STREET, BOSTON, MA 02109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)

ERIC D. ROITER, SECRETARY, 82 DEVONSHIRE STREET, BOSTON, MA 02109
(NAME AND ADDRESS OF AGENT FOR SERVICE)

REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 617-563-7000

DATE OF FISCAL YEAR END: OCTOBER 31

DATE OF REPORTING PERIOD: 06/30/2005

SIGNATURES

PURSUANT TO THE REQUIREMENTS OF THE INVESTMENT COMPANY ACT OF 1940, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THERE UNTO DULY AUTHORIZED.

Fidelity Capital Trust

BY:  /s/ CHRISTINE REYNOLDS
-----------------------------------------------------
CHRISTINE REYNOLDS, TREASURER, FIDELITY MANAGEMENT & RESEARCH COMPANY
DATE: 08/10/2005 10:23:40 AM

EXHIBIT A

VOTE SUMMARY REPORT
Fidelity Focused Stock Fund
07/01/2004 - 06/30/2005

Note: The Security ID will be the CUSIP (Committee on Uniform Securities Identification Procedures) when available. When CUSIP is not available, an alternate identifier, e.g., CINS, will be provided.

ISSUER NAME: AETNA INC. MEETING DATE: 04/29/2005
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 EDWARD J. LUDWIG AS A DIRECTOR	Management	For	For
1.9	ELECT JOSEPH P. NEWHOUSE AS A DIRECTOR	Management	For	For
1.10	ELECT JOHN W. ROWE, M.D. AS A DIRECTOR	Management	For	For
1.11	ELECT RONALD A. WILLIAMS AS A DIRECTOR	Management	For	For
2	APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
3	APPROVAL OF 2000 STOCK INCENTIVE PLAN PEFORMANCE CRITERIA	Management	For	For
4	APPROVAL OF 2001 ANNUAL INCENTIVE PLAN PERFORMANCE CRITERIA	Management	For	For
5	SHAREHOLDER PROPOSAL ON CUMULATIVE VOTING	Shareholder	Against	Abstain
6	SHAREHOLDER PROPOSAL ON STOCK OPTION EXPENSING	Shareholder	Against	For

ISSUER NAME: AMBAC FINANCIAL GROUP, INC. MEETING DATE: 05/03/2005
TICKER: ABK     SECURITY ID: 023139108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PHILLIP B. LASSITER AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL A. CALLEN AS A DIRECTOR	Management	For	For
1.3	ELECT JILL M. CONSIDINE AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT J. GENADER AS A DIRECTOR	Management	For	For
1.5	ELECT W. GRANT GREGORY AS A DIRECTOR	Management	For	For
1.6	ELECT THOMAS C. THEOBALD AS A DIRECTOR	Management	For	For
1.7	ELECT LAURA S. UNGER AS A DIRECTOR	Management	For	For
1.8	ELECT HENRY D.G. WALLACE AS A DIRECTOR	Management	For	For
2	APPROVE AMENDMENTS TO THE AMBAC 1997 EXECUTIVE INCENTIVE PLAN.	Management	For	For
3	RATIFY SELECTION OF KPMG LLP AS INDEPENDENT AUDITORS FOR 2005.	Management	For	For

ISSUER NAME: AMERICAN EAGLE OUTFITTERS, INC. MEETING DATE: 06/15/2005
TICKER: AEOS     SECURITY ID: 02553E106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL G. JESSELSON AS A DIRECTOR	Management	For	For
1.2	ELECT ROGER S. MARKFIELD AS A DIRECTOR	Management	For	For
1.3	ELECT JAY L. SCHOTTENSTEIN AS A DIRECTOR	Management	For	For
2	APPROVE THE COMPANY S 2005 STOCK AWARD AND INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: AMERICAN MEDICAL SYSTEMS HOLDINGS, I MEETING DATE: 05/05/2005
TICKER: AMMD     SECURITY ID: 02744M108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MARTIN J. EMERSON AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD B. EMMITT AS A DIRECTOR	Management	For	For
1.3	ELECT C.H. PORTER, PH.D. AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE AND ADOPT THE 2005 STOCK INCENTIVE PLAN.	Management	For	For
3	PROPOSAL TO AMEND THE EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF SHARES RESERVED FOR ISSUANCE UNDER THE PLAN FROM 600,000 SHARES TO 1,000,000 SHARES.	Management	For	For
4	PROPOSAL TO RATIFY THE SELECTION OF ERNST & YOUNG AS INDEPENDENT AUDITORS FOR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: APPLE COMPUTER, INC. MEETING DATE: 04/21/2005
TICKER: AAPL     SECURITY ID: 037833100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT FRED D. ANDERSON AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM V. CAMPBELL AS A DIRECTOR	Management	For	For
1.3	ELECT MILLARD S. DREXLER AS A DIRECTOR	Management	For	For
1.4	ELECT ALBERT A. GORE, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT STEVEN P. JOBS AS A DIRECTOR	Management	For	For
1.6	ELECT ARTHUR D. LEVINSON AS A DIRECTOR	Management	For	For
1.7	ELECT JEROME B. YORK AS A DIRECTOR	Management	For	For
2	TO APPROVE THE APPLE COMPUTER, INC. PERFORMANCE BONUS PLAN.	Management	For	For
3	TO APPROVE AMENDMENTS TO THE 2003 EMPLOYEE STOCK OPTION PLAN, INCLUDING AN INCREASE IN THE NUMBER OF SHARES OF COMMON STOCK RESERVED FOR ISSUANCE THEREUNDER BY 49 MILLION SHARES.	Management	For	For
4	TO APPROVE AN AMENDMENT TO THE EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK RESERVED FOR ISSUANCE THEREUNDER BY 2 MILLION SHARES.	Management	For	For
5	TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS OF THE COMPANY FOR FISCAL YEAR 2005.	Management	For	For
6	TO CONSIDER A SHAREHOLDER PROPOSAL IF PROPERLY PRESENTED AT THE MEETING.	Shareholder	Against	Against

ISSUER NAME: AUTODESK, INC. MEETING DATE: 06/23/2005
TICKER: ADSK     SECURITY ID: 052769106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CAROL A. BARTZ AS A DIRECTOR	Management	For	For
1.2	ELECT MARK A. BERTELSEN AS A DIRECTOR	Management	For	For
1.3	ELECT CRAWFORD W. BEVERIDGE AS A DIRECTOR	Management	For	For
1.4	ELECT J. HALLAM DAWSON AS A DIRECTOR	Management	For	For
1.5	ELECT MICHAEL J. FISTER AS A DIRECTOR	Management	For	For
1.6	ELECT PER-KRISTIAN HALVORSEN AS A DIRECTOR	Management	For	For
1.7	ELECT STEVEN L. SCHEID AS A DIRECTOR	Management	For	For
1.8	ELECT MARY ALICE TAYLOR AS A DIRECTOR	Management	For	For
1.9	ELECT LARRY W. WANGBERG AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE AUTODESK S 2006 STOCK PLAN AND THE RESERVATION OF 25,000,000 SHARES OF AUTODESK S COMMON STOCK FOR ISSUANCE THEREUNDER.	Management	For	Against
3	PROPOSAL TO APPROVE AUTODESK S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION, INCREASING THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 400 MILLION SHARES TO 750 MILLION SHARES.	Management	For	For
4	PROPOSAL TO APPROVE AUTODESK S EXECUTIVE INCENTIVE PLAN.	Management	For	For
5	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS AUTODESK S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING JANUARY 31, 2006.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: BANK OF AMERICA CORPORATION MEETING DATE: 04/27/2005
TICKER: BAC     SECURITY ID: 060505104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM BARNET, III AS A DIRECTOR	Management	For	For
1.2	ELECT CHARLES W. COKER AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN T. COLLINS AS A DIRECTOR	Management	For	For
1.4	ELECT GARY L. COUNTRYMAN AS A DIRECTOR	Management	For	For
1.5	ELECT PAUL FULTON AS A DIRECTOR	Management	For	For
1.6	ELECT CHARLES K. GIFFORD AS A DIRECTOR	Management	For	For
1.7	ELECT W. STEVEN JONES AS A DIRECTOR	Management	For	For
1.8	ELECT KENNETH D. LEWIS AS A DIRECTOR	Management	For	For
1.9	ELECT WALTER E. MASSEY AS A DIRECTOR	Management	For	For
1.10	ELECT THOMAS J. MAY AS A DIRECTOR	Management	For	For
1.11	ELECT PATRICIA E. MITCHELL AS A DIRECTOR	Management	For	For
1.12	ELECT EDWARD L. ROMERO AS A DIRECTOR	Management	For	For
1.13	ELECT THOMAS M. RYAN AS A DIRECTOR	Management	For	For
1.14	ELECT O. TEMPLE SLOAN, JR. AS A DIRECTOR	Management	For	For
1.15	ELECT MEREDITH R. SPANGLER AS A DIRECTOR	Management	For	For
1.16	ELECT ROBERT L. TILLMAN AS A DIRECTOR	Management	For	For
1.17	ELECT JACKIE M. WARD AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT PUBLIC ACCOUNTANTS	Management	For	For
3	STOCKHOLDER PROPOSAL - POLITICAL CONTRIBUTIONS	Shareholder	Against	Against
4	STOCKHOLDER PROPOSAL - NOMINATION OF DIRECTORS	Shareholder	Against	Against

ISSUER NAME: BAUSCH & LOMB INCORPORATED MEETING DATE: 04/26/2005
TICKER: BOL     SECURITY ID: 071707103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PAUL A. FRIEDMAN AS A DIRECTOR	Management	For	For
1.2	ELECT JONATHAN S. LINEN AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM H. WALTRIP AS A DIRECTOR	Management	For	For
2	RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS FOR 2005	Management	For	For
3	PROPOSAL TO AMEND THE COMPANY S CERTIFICATE OF INCORPORATION AND BY-LAWS TO AUTHORIZE ANNUAL ELECTION OF ALL MEMBERS OF THE BOARD OF DIRECTORS (PROXY STATEMENT P. 23)1	Management	For	For
4	PROPOSAL TO AMEND THE COMPANY S CERTIFICATE OF INCORPORATION AND BY-LAWS TO PERMIT SETTING THE NUMBER OF DIRECTORS BY A MAJORITY VOTE OF THE SHAREHOLDERS	Management	For	For
5	PROPOSAL TO REMOVE PROVISIONS REGARDING FILLING OF NEWLY CREATED DIRECTORSHIPS AND VACANCIES ON THE BOARD OF DIRECTORS	Management	For	For
6	PROPOSAL TO AMEND THE COMPANY S CERTIFICATE OF INCORPORATION AND BY-LAWS TO PERMIT REMOVAL OF DIRECTORS FOR CAUSE BY A MAJORITY VOTE OF THE SHAREHOLDERS	Management	For	For
7	PROPOSAL TO AMEND THE COMPANY S CERTIFICATE OF INCORPORATION TO REMOVE SUPERMAJORITY VOTING PROVISIONS WITH RESPECT TO CERTAIN AMENDMENTS TO THE CERTIFICATE OF INCORPORATION	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: BJ'S WHOLESALE CLUB, INC. MEETING DATE: 05/26/2005
TICKER: BJ     SECURITY ID: 05548J106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PAUL DANOS AS A DIRECTOR	Management	For	For
1.2	ELECT RONALD R. DION AS A DIRECTOR	Management	For	For
1.3	ELECT LORNE R. WAXLAX AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE AUDIT COMMITTEE S SELECTION OF PRICEWATERHOUSECOOPERS, LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING JANUARY 28, 2006.	Management	For	For

ISSUER NAME: CITIGROUP INC. MEETING DATE: 04/19/2005
TICKER: C     SECURITY ID: 172967101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT C. MICHAEL ARMSTRONG AS A DIRECTOR	Management	For	For
1.2	ELECT ALAIN J.P. BELDA AS A DIRECTOR	Management	For	For
1.3	ELECT GEORGE DAVID AS A DIRECTOR	Management	For	For
1.4	ELECT KENNETH T. DERR AS A DIRECTOR	Management	For	For
1.5	ELECT JOHN M. DEUTCH AS A DIRECTOR	Management	For	For
1.6	ELECT R. HERNANDEZ RAMIREZ AS A DIRECTOR	Management	For	For
1.7	ELECT ANN DIBBLE JORDAN AS A DIRECTOR	Management	For	For
1.8	ELECT KLAUS KLEINFELD AS A DIRECTOR	Management	For	For
1.9	ELECT DUDLEY C. MECUM AS A DIRECTOR	Management	For	For
1.10	ELECT ANNE MULCAHY AS A DIRECTOR	Management	For	For
1.11	ELECT RICHARD D. PARSONS AS A DIRECTOR	Management	For	For
1.12	ELECT CHARLES PRINCE AS A DIRECTOR	Management	For	For
1.13	ELECT JUDITH RODIN AS A DIRECTOR	Management	For	For
1.14	ELECT ROBERT E. RUBIN AS A DIRECTOR	Management	For	For
1.15	ELECT FRANKLIN A. THOMAS AS A DIRECTOR	Management	For	For
1.16	ELECT SANFORD I. WEILL AS A DIRECTOR	Management	For	For
1.17	ELECT ROBERT B. WILLUMSTAD AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS CITIGROUP S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2005.	Management	For	For
3	PROPOSAL TO APPROVE THE AMENDED AND RESTATED CITIGROUP 1999 STOCK INCENTIVE PLAN.	Management	For	For
4	STOCKHOLDER PROPOSAL REQUESTING A CURB ON EXECUTIVE COMPENSATION, NO FUTURE STOCK OPTION GRANTS AND NO RENEWALS OR EXTENSIONS OF OPTION PLANS.	Shareholder	Against	Against
5	STOCKHOLDER PROPOSAL REQUESTING A REPORT ON POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL REQUESTING THAT THE CHAIRMAN OF THE BOARD HAVE NO MANAGEMENT DUTIES, TITLES OR RESPONSIBILITIES.	Shareholder	Against	Against
7	STOCKHOLDER PROPOSAL REQUESTING THAT CEO COMPENSATION BE LIMITED TO NO MORE THAN 100 TIMES THE AVERAGE COMPENSATION PAID TO THE COMPANY S NON-MANAGERIAL WORKERS UNLESS PRIOR STOCKHOLDER APPROVAL IS GRANTED.	Shareholder	Against	Against
8	STOCKHOLDER PROPOSAL REQUESTING ELECTION OF DIRECTOR NOMINEES BY A MAJORITY OF VOTES CAST.	Shareholder	Against	Against
9	STOCKHOLDER PROPOSAL REQUESTING A BY-LAW AMENDMENT PROHIBITING THE PAYMENT OF NON-DEDUCTIBLE COMPENSATION TO ANY OFFICER UNLESS PRIOR STOCKHOLDER APPROVAL IS GRANTED.	Shareholder	Against	Against
10	STOCKHOLDER PROPOSAL REQUESTING THAT A SIMPLE MAJORITY VOTE APPLY ON EACH ISSUE THAT CAN BE SUBJECT TO A SHAREHOLDER VOTE.	Shareholder	Against	For

ISSUER NAME: CORN PRODUCTS INTERNATIONAL, INC. MEETING DATE: 05/18/2005
TICKER: CPO     SECURITY ID: 219023108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD J. ALMEIDA AS A DIRECTOR	Management	For	For
1.2	ELECT GUENTHER E. GREINER AS A DIRECTOR	Management	For	For
1.3	ELECT GREGORY B. KENNY AS A DIRECTOR	Management	For	For
1.4	ELECT JAMES M. RINGLER AS A DIRECTOR	Management	For	For
2	TO APPROVE AMENDMENTS TO THE CORN PRODUCTS INTERNATIONAL, INC., 1998 STOCK INCENTIVE PLAN WHICH WILL BE REDESIGNATED AS THE CORN PRODUCTS INTERNATIONAL, INC. STOCK INCENTIVE PLAN.	Management	For	For
3	TO REAPPROVE THE CORN PRODUCTS INTERNATIONAL, INC. ANNUAL INCENTIVE PLAN.	Management	For	For
4	TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS FOR THE COMPANY FOR 2005.	Management	For	For

ISSUER NAME: COSTCO WHOLESALE CORPORATION MEETING DATE: 01/27/2005
TICKER: COST     SECURITY ID: 22160K105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD D. DICERCHIO AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD M. LIBENSON AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN W. MEISENBACH AS A DIRECTOR	Management	For	For
1.4	ELECT CHARLES T. MUNGER AS A DIRECTOR	Management	For	For
1.5	ELECT SUSAN L. DECKER AS A DIRECTOR	Management	For	For
2	AMENDMENTS TO THE 2002 STOCK INCENTIVE PLAN.	Management	For	Against
3	SHAREHOLDER PROPOSAL TO ADOPT A VENDOR CODE OF CONDUCT.	Shareholder	Against	Against
4	SHAREHOLDER PROPOSAL TO DEVELOP A POLICY FOR LAND PROCUREMENT AND USE.	Shareholder	Against	Against
5	RATIFICATION OF SELECTION OF INDEPENDENT AUDITORS.	Management	For	For

ISSUER NAME: COUNTRYWIDE FINANCIAL CORPORATION MEETING DATE: 08/17/2004
TICKER: CFC     SECURITY ID: 222372104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE THE AMENDMENT TO THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION INCREASING THE AUTHORIZED NUMBER OF SHARES OF COMMON STOCK.	Management	For	For

ISSUER NAME: CUMMINS INC. MEETING DATE: 05/10/2005
TICKER: CMI     SECURITY ID: 231021106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT J. DARNALL AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN M. DEUTCH AS A DIRECTOR	Management	For	For
1.3	ELECT ALEXIS M. HERMAN AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM I. MILLER AS A DIRECTOR	Management	For	For
1.5	ELECT GEORGIA R. NELSON AS A DIRECTOR	Management	For	For
1.6	ELECT THEODORE M. SOLSO AS A DIRECTOR	Management	For	For
1.7	ELECT CARL WARE AS A DIRECTOR	Management	For	For
1.8	ELECT J. LAWRENCE WILSON AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS AUDITORS FOR THE YEAR 2005.	Management	For	For
3	PROPOSAL REGARDING BUSINESS PRACTICES IN THE PEOPLE S REPUBLIC OF CHINA.	Shareholder	Against	Against

ISSUER NAME: D.R. HORTON, INC. MEETING DATE: 01/27/2005
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 FRANCINE I. NEFF AS A DIRECTOR	Management	For	For
1.6	ELECT DONALD J. TOMNITZ AS A DIRECTOR	Management	For	For
1.7	ELECT BILL W. WHEAT AS A DIRECTOR	Management	For	For
2	AMENDMENT AND RESTATEMENT OF THE D.R. HORTON, INC. 1991 STOCK INCENTIVE PLAN.	Management	For	Against
3	IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON OTHER BUSINESS PROPERLY BROUGHT BEFORE THE MEETING OR ANY ADJOURNMENT.	Management	For	Abstain

ISSUER NAME: DEERE & COMPANY MEETING DATE: 02/23/2005
TICKER: DE     SECURITY ID: 244199105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN R. BLOCK AS A DIRECTOR	Management	For	For
1.2	ELECT T. KEVIN DUNNIGAN AS A DIRECTOR	Management	For	For
1.3	ELECT DIPAK C. JAIN AS A DIRECTOR	Management	For	For
1.4	ELECT JOACHIM MILBERG AS A DIRECTOR	Management	For	For
2	RE-APPROVAL OF THE JOHN DEERE PERFORMANCE BONUS PLAN.	Management	For	For
3	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT AUDITORS FOR FISCAL 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DST SYSTEMS, INC. MEETING DATE: 05/10/2005
TICKER: DST     SECURITY ID: 233326107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS A. MCDONNELL AS A DIRECTOR	Management	For	For
1.2	ELECT M. JEANNINE STRANDJORD AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE 2005 EQUITY INCENTIVE PLAN.	Management	For	For
3	APPROVAL OF THE 2005 NON-EMPLOYEE DIRECTORS AWARD PLAN.	Management	For	For
4	RATIFICATION OF THE DST AUDIT COMMITTEE S SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For

ISSUER NAME: EXXON MOBIL CORPORATION MEETING DATE: 05/25/2005
TICKER: XOM     SECURITY ID: 30231G102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT M.J. BOSKIN AS A DIRECTOR	Management	For	For
1.2	ELECT W.W. GEORGE AS A DIRECTOR	Management	For	For
1.3	ELECT J.R. HOUGHTON AS A DIRECTOR	Management	For	For
1.4	ELECT W.R. HOWELL AS A DIRECTOR	Management	For	For
1.5	ELECT R.C. KING AS A DIRECTOR	Management	For	For
1.6	ELECT P.E. LIPPINCOTT AS A DIRECTOR	Management	For	For
1.7	ELECT H.A. MCKINNELL, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT M.C. NELSON AS A DIRECTOR	Management	For	For
1.9	ELECT L.R. RAYMOND AS A DIRECTOR	Management	For	For
1.10	ELECT W.V. SHIPLEY AS A DIRECTOR	Management	For	For
1.11	ELECT R.W. TILLERSON AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT AUDITORS (PAGE 28).1	Management	For	For
3	POLITICAL CONTRIBUTIONS (PAGE 30).1	Shareholder	Against	Against
4	BOARD COMPENSATION (PAGE 31).1	Shareholder	Against	Against
5	INDUSTRY EXPERIENCE (PAGE 32).1	Shareholder	Against	Against
6	ACEH SECURITY REPORT (PAGE 33).1	Shareholder	Against	Against
7	AMENDMENT OF EEO POLICY (PAGE 34).1	Shareholder	Against	Against
8	BIODIVERSITY IMPACT REPORT (PAGE 36).1	Shareholder	Against	Against
9	CLIMATE SCIENCE REPORT (PAGE 37).1	Shareholder	Against	Against
10	KYOTO COMPLIANCE REPORT (PAGE 40).1	Shareholder	Against	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: FIDELITY NATIONAL FINANCIAL, INC. MEETING DATE: 12/16/2004
TICKER: FNF     SECURITY ID: 316326107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM A. IMPARATO AS A DIRECTOR	Management	For	For
1.2	ELECT DONALD M. KOLL AS A DIRECTOR	Management	For	For
1.3	ELECT GEN. WILLIAM LYON AS A DIRECTOR	Management	For	For
1.4	ELECT CARY H. THOMPSON AS A DIRECTOR	Management	For	For
2	TO APPROVE THE ADOPTION OF THE FIDELITY NATIONAL FINANCIAL, INC. 2004 OMNIBUS INCENTIVE PLAN.	Management	For	Against
3	TO APPROVE THE SECOND AMENDMENT AND RESTATEMENT OF THE FIDELITY NATIONAL FINANCIAL, INC. AMENDED AND RESTATED 2001 STOCK INCENTIVE PLAN.	Management	For	For
4	TO APPROVE THE SECOND AMENDMENT AND RESTATEMENT OF THE FIDELITY NATIONAL FINANCIAL, INC. AMENDED AND RESTATED 1998 STOCK INCENTIVE PLAN.	Management	For	For
5	TO APPROVE THE AMENDMENT AND RESTATEMENT OF THE FIDELITY NATIONAL FINANCIAL, INC. 1987 STOCK OPTION PLAN.	Management	For	For
6	TO RATIFY THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT AUDITORS FOR THE 2004 FISCAL YEAR.	Management	For	For

ISSUER NAME: FRONTLINE LTD. MEETING DATE: 12/17/2004
TICKER: FRO     SECURITY ID: G3682E127
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO RE-ELECT JOHN FREDRIKSEN AS A DIRECTOR OF THE COMPANY.	Management	For	For
2	TO RE-ELECT TOR OLAV TROIM AS A DIRECTOR OF THE COMPANY.	Management	For	For
3	TO RE-ELECT KATE BLANKENSHIP AS A DIRECTOR OF THE COMPANY.	Management	For	For
4	TO APPOINT PRICEWATERHOUSECOOPERS DA OF OSLO, NORWAY AS AUDITORS AND TO AUTHORISE THE DIRECTORS TO DETERMINE THEIR REMUNERATION.	Management	For	For

ISSUER NAME: GENERAL ELECTRIC COMPANY MEETING DATE: 04/27/2005
TICKER: GE     SECURITY ID: 369604103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES I. CASH, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM M. CASTELL AS A DIRECTOR	Management	For	For
1.3	ELECT DENNIS D. DAMMERMAN AS A DIRECTOR	Management	For	For
1.4	ELECT ANN M. FUDGE AS A DIRECTOR	Management	For	For
1.5	ELECT CLAUDIO X. GONZALEZ AS A DIRECTOR	Management	For	For
1.6	ELECT JEFFREY R. IMMELT AS A DIRECTOR	Management	For	For
1.7	ELECT ANDREA JUNG AS A DIRECTOR	Management	For	For
1.8	ELECT ALAN G. LAFLEY AS A DIRECTOR	Management	For	For
1.9	ELECT RALPH S. LARSEN AS A DIRECTOR	Management	For	For
1.10	ELECT ROCHELLE B. LAZARUS AS A DIRECTOR	Management	For	For
1.11	ELECT SAM NUNN AS A DIRECTOR	Management	For	For
1.12	ELECT ROGER S. PENSKE AS A DIRECTOR	Management	For	For
1.13	ELECT ROBERT J. SWIERINGA AS A DIRECTOR	Management	For	For
1.14	ELECT DOUGLAS A. WARNER III AS A DIRECTOR	Management	For	For
1.15	ELECT ROBERT C. WRIGHT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF INDEPENDENT AUDITOR	Management	For	For
3	CUMULATIVE VOTING	Shareholder	Against	Against
4	REPORT ON NUCLEAR RISK	Shareholder	Against	Against
5	REPORT ON PCB CLEANUP COSTS	Shareholder	Against	Against
6	CURB OVER-EXTENDED DIRECTORS	Shareholder	Against	Against
7	REPORT ON SUSTAINABILITY	Shareholder	Against	Against
8	DISCLOSE POLITICAL CONTRIBUTIONS	Shareholder	Against	Against
9	ANIMAL TESTING	Shareholder	Against	Against

ISSUER NAME: INGRAM MICRO INC. MEETING DATE: 06/01/2005
TICKER: IM     SECURITY ID: 457153104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT KENT B. FOSTER* AS A DIRECTOR1	Management	For	For
1.2	ELECT HOWARD I. ATKINS* AS A DIRECTOR1	Management	For	For
1.3	ELECT MARTHA R. INGRAM* AS A DIRECTOR1	Management	For	For
1.4	ELECT LINDA FAYNE LEVINSON* AS A DIRECTOR1	Management	For	For
1.5	ELECT KEVIN M. MURAI** AS A DIRECTOR1	Management	For	For
1.6	ELECT G.M.E. SPIERKEL*** AS A DIRECTOR1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: JOHNSON & JOHNSON MEETING DATE: 04/28/2005
TICKER: JNJ     SECURITY ID: 478160104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MARY S. COLEMAN AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES G. CULLEN AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT J. DARRETTA AS A DIRECTOR	Management	For	For
1.4	ELECT MICHAEL M. E. JOHNS AS A DIRECTOR	Management	For	For
1.5	ELECT ANN D. JORDAN AS A DIRECTOR	Management	For	For
1.6	ELECT ARNOLD G. LANGBO AS A DIRECTOR	Management	For	For
1.7	ELECT SUSAN L. LINDQUIST AS A DIRECTOR	Management	For	For
1.8	ELECT LEO F. MULLIN AS A DIRECTOR	Management	For	For
1.9	ELECT CHRISTINE A. POON AS A DIRECTOR	Management	For	For
1.10	ELECT STEVEN S REINEMUND AS A DIRECTOR	Management	For	For
1.11	ELECT DAVID SATCHER AS A DIRECTOR	Management	For	For
1.12	ELECT WILLIAM C. WELDON AS A DIRECTOR	Management	For	For
2	APPROVAL OF 2005 LONG-TERM INCENTIVE PLAN.	Management	For	Against
3	RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS AS INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: KOMAG, INCORPORATED MEETING DATE: 05/11/2005
TICKER: KOMG     SECURITY ID: 500453204
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THIAN HOO TAN AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD A. KASHNOW AS A DIRECTOR	Management	For	For
1.3	ELECT DENNIS P. WOLF AS A DIRECTOR	Management	For	For
2	PROPOSAL TO AMEND AND RESTATE THE AMENDED AND RESTATED 2002 QUALIFIED STOCK PLAN, ALL AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT.	Management	For	Against
3	PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT ACCOUNTANTS FOR THE FISCAL YEAR ENDING JANUARY 1, 2006.	Management	For	For

ISSUER NAME: LANDAMERICA FINANCIAL GROUP, INC. MEETING DATE: 05/17/2005
TICKER: LFG     SECURITY ID: 514936103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GALE K. CARUSO AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT F. NORFLEET, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT JULIOUS P. SMITH, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT THOMAS G. SNEAD, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT EUGENE P. TRANI AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE LANDAMERICA FINANCIAL GROUP, INC. 423 EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
3	APPROVAL OF THE LANDAMERICA FINANCIAL GROUP, INC. EXECUTIVE OFFICER INCENTIVE PLAN.	Management	For	Against
4	RATIFICATION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2005 FISCAL YEAR.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: LONE STAR TECHNOLOGIES, INC. MEETING DATE: 04/25/2005
TICKER: LSS     SECURITY ID: 542312103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT KELLEY AS A DIRECTOR	Management	For	For
1.2	ELECT ALFRED M. MICALLEF AS A DIRECTOR	Management	For	For
1.3	ELECT JERRY E. RYAN AS A DIRECTOR	Management	For	For
2	APPROVE THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MBNA CORPORATION MEETING DATE: 05/02/2005
TICKER: KRB     SECURITY ID: 55262L100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES H. BERICK AS A DIRECTOR	Management	For	For
1.2	ELECT MARY M. BOIES AS A DIRECTOR	Management	For	For
1.3	ELECT BENJAMIN R. CIVILETTI AS A DIRECTOR	Management	For	For
1.4	ELECT BRUCE L. HAMMONDS AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM L. JEWS AS A DIRECTOR	Management	For	For
1.6	ELECT RANDOLPH D. LERNER AS A DIRECTOR	Management	For	For
1.7	ELECT STUART L. MARKOWITZ AS A DIRECTOR	Management	For	For
1.8	ELECT WILLIAM B. MILSTEAD AS A DIRECTOR	Management	For	For
1.9	ELECT THOMAS G. MURDOUGH, JR. AS A DIRECTOR	Management	For	For
1.10	ELECT LAURA S. UNGER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	STOCKHOLDER PROPOSAL	Shareholder	Against	Against
4	STOCKHOLDER PROPOSAL	Shareholder	Against	Against

ISSUER NAME: MICROSOFT CORPORATION MEETING DATE: 11/09/2004
TICKER: MSFT     SECURITY ID: 594918104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM H. GATES III AS A DIRECTOR	Management	For	For
1.2	ELECT STEVEN A. BALLMER AS A DIRECTOR	Management	For	For
1.3	ELECT JAMES I. CASH JR. AS A DIRECTOR	Management	For	For
1.4	ELECT RAYMOND V. GILMARTIN AS A DIRECTOR	Management	For	For
1.5	ELECT A. MCLAUGHLIN KOROLOGOS AS A DIRECTOR	Management	For	For
1.6	ELECT DAVID F. MARQUARDT AS A DIRECTOR	Management	For	For
1.7	ELECT CHARLES H. NOSKI AS A DIRECTOR	Management	For	For
1.8	ELECT HELMUT PANKE AS A DIRECTOR	Management	For	For
1.9	ELECT JON A. SHIRLEY AS A DIRECTOR	Management	For	For
2	ADOPTION OF THE AMENDMENTS TO THE 2001 STOCK PLAN AND THE 1991 STOCK OPTION PLAN	Management	For	For
3	ADOPTION OF THE AMENDMENTS TO THE 1999 STOCK PLAN FOR NON-EMPLOYEE DIRECTORS, THE STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS AND THE STOCK OPTION PLAN FOR CONSULTANTS AND ADVISORS	Management	For	For
4	APPROVAL OF MATERIAL TERMS OF THE PERFORMANCE CRITERIA FOR AWARDS UNDER THE 2001 STOCK PLAN	Management	For	For
5	RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT AUDITOR1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: NATIONAL SEMICONDUCTOR CORPORATION MEETING DATE: 10/01/2004
TICKER: NSM     SECURITY ID: 637640103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BRIAN L. HALLA AS A DIRECTOR	Management	For	For
1.2	ELECT STEVEN R. APPLETON AS A DIRECTOR	Management	For	For
1.3	ELECT GARY P. ARNOLD AS A DIRECTOR	Management	For	For
1.4	ELECT RICHARD J. DANZIG AS A DIRECTOR	Management	For	For
1.5	ELECT ROBERT J. FRANKENBERG AS A DIRECTOR	Management	For	For
1.6	ELECT E. FLOYD KVAMME AS A DIRECTOR	Management	For	For
1.7	ELECT MODESTO A. MAIDIQUE AS A DIRECTOR	Management	For	For
1.8	ELECT EDWARD R. MCCRACKEN AS A DIRECTOR	Management	For	For
2	TO APPROVE KPMG LLP AS AUDITORS OF THE COMPANY.	Management	For	For
3	TO APPROVE THE ADOPTION OF THE EXECUTIVE OFFICER INCENTIVE PLAN, AS AMENDED.	Management	For	For
4	TO APPROVE THE ADOPTION OF THE 2005 EXECUTIVE OFFICER EQUITY PLAN.	Management	For	For

ISSUER NAME: NORDSTROM, INC. MEETING DATE: 05/24/2005
TICKER: JWN     SECURITY ID: 655664100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT P.J. CAMPBELL AS A DIRECTOR	Management	For	For
1.2	ELECT E. HERNANDEZ, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT J.P. JACKSON AS A DIRECTOR	Management	For	For
1.4	ELECT R.G. MILLER AS A DIRECTOR	Management	For	For
1.5	ELECT B.W. NORDSTROM AS A DIRECTOR	Management	For	For
1.6	ELECT B.A. NORDSTROM AS A DIRECTOR	Management	For	For
1.7	ELECT J.N. NORDSTROM AS A DIRECTOR	Management	For	For
1.8	ELECT A.E. OSBORNE, JR. PH.D. AS A DIRECTOR	Management	For	For
1.9	ELECT A.A. WINTER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For

ISSUER NAME: OVERSEAS SHIPHOLDING GROUP, INC. MEETING DATE: 06/07/2005
TICKER: OSG     SECURITY ID: 690368105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MORTEN ARNTZEN AS A DIRECTOR	Management	For	For
1.2	ELECT OUDI RECANATI AS A DIRECTOR	Management	For	For
1.3	ELECT G. ALLEN ANDREAS III AS A DIRECTOR	Management	For	For
1.4	ELECT ALAN R. BATKIN AS A DIRECTOR	Management	For	For
1.5	ELECT THOMAS B. COLEMAN AS A DIRECTOR	Management	For	For
1.6	ELECT CHARLES A. FRIBOURG AS A DIRECTOR	Management	For	For
1.7	ELECT STANLEY KOMAROFF AS A DIRECTOR	Management	For	For
1.8	ELECT SOLOMON N. MERKIN AS A DIRECTOR	Management	For	For
1.9	ELECT JOEL I. PICKET AS A DIRECTOR	Management	For	For
1.10	ELECT ARIEL RECANATI AS A DIRECTOR	Management	For	For
1.11	ELECT THOMAS F. ROBARDS AS A DIRECTOR	Management	For	For
1.12	ELECT MICHAEL J. ZIMMERMAN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE CORPORATION S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PENN NATIONAL GAMING, INC. MEETING DATE: 06/01/2005
TICKER: PENN     SECURITY ID: 707569109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PETER M. CARLINO AS A DIRECTOR	Management	For	For
1.2	ELECT HAROLD CRAMER AS A DIRECTOR	Management	For	For

ISSUER NAME: PFIZER INC. MEETING DATE: 04/28/2005
TICKER: PFE     SECURITY ID: 717081103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL S. BROWN AS A DIRECTOR	Management	For	For
1.2	ELECT M. ANTHONY BURNS AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT N. BURT AS A DIRECTOR	Management	For	For
1.4	ELECT W. DON CORNWELL AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM H. GRAY III AS A DIRECTOR	Management	For	For
1.6	ELECT CONSTANCE J. HORNER AS A DIRECTOR	Management	For	For
1.7	ELECT WILLIAM R. HOWELL AS A DIRECTOR	Management	For	For
1.8	ELECT STANLEY O. IKENBERRY AS A DIRECTOR	Management	For	For
1.9	ELECT GEORGE A. LORCH AS A DIRECTOR	Management	For	For
1.10	ELECT HENRY A. MCKINNELL AS A DIRECTOR	Management	For	For
1.11	ELECT DANA G. MEAD AS A DIRECTOR	Management	For	For
1.12	ELECT RUTH J. SIMMONS AS A DIRECTOR	Management	For	For
1.13	ELECT WILLIAM C. STEERE, JR. AS A DIRECTOR	Management	For	For
1.14	ELECT JEAN-PAUL VALLES AS A DIRECTOR	Management	For	For
2	A PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2005.	Management	For	For
3	SHAREHOLDER PROPOSAL RELATING TO TERM LIMITS FOR DIRECTORS.	Shareholder	Against	Against
4	SHAREHOLDER PROPOSAL REQUESTING A REPORT ON INCREASING ACCESS TO PFIZER PRODUCTS.	Shareholder	Against	Against
5	SHAREHOLDER PROPOSAL RELATING TO IMPORTATION OF PRESCRIPTION DRUGS.	Shareholder	Against	Against
6	SHAREHOLDER PROPOSAL RELATING TO POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against
7	SHAREHOLDER PROPOSAL RELATING TO PRODUCT AVAILABILITY IN CANADA.	Shareholder	Against	Against
8	SHAREHOLDER PROPOSAL RELATING TO THE SEPARATION OF THE ROLES OF CHAIR AND CEO AND ACCESS TO PHARMACEUTICAL PRODUCTS.	Shareholder	Against	Against

ISSUER NAME: PHELPS DODGE CORPORATION MEETING DATE: 05/27/2005
TICKER: PD     SECURITY ID: 717265102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT A. DUNHAM AS A DIRECTOR	Management	For	For
1.2	ELECT W. FRANKE AS A DIRECTOR	Management	For	For
1.3	ELECT R. JOHNSON AS A DIRECTOR	Management	For	For
1.4	ELECT J. STEVEN WHISLER AS A DIRECTOR	Management	For	For
2	APPROVE THE PHELPS DODGE CORPORATION 2006 EXECUTIVE PERFORMANCE INCENTIVE PLAN	Management	For	For
3	APPROVE AN AMENDMENT TO THE CORPORATION S RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED COMMON SHARES	Management	For	For
4	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS FOR THE YEAR 2005	Management	For	For

ISSUER NAME: RADIAN GROUP INC. MEETING DATE: 05/10/2005
TICKER: RDN     SECURITY ID: 750236101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAVID C. CARNEY AS A DIRECTOR	Management	For	For
1.2	ELECT HOWARD B. CULANG AS A DIRECTOR	Management	For	For
1.3	ELECT STEPHEN T. HOPKINS AS A DIRECTOR	Management	For	For
1.4	ELECT SANFORD A. IBRAHIM AS A DIRECTOR	Management	For	For
1.5	ELECT JAMES W. JENNINGS AS A DIRECTOR	Management	For	For
1.6	ELECT ROY J. KASMAR AS A DIRECTOR	Management	For	For
1.7	ELECT RONALD W. MOORE AS A DIRECTOR	Management	For	For
1.8	ELECT JAN NICHOLSON AS A DIRECTOR	Management	For	For
1.9	ELECT ROBERT W. RICHARDS AS A DIRECTOR	Management	For	For
1.10	ELECT ANTHONY W. SCHWEIGER AS A DIRECTOR	Management	For	For
1.11	ELECT HERBERT WENDER AS A DIRECTOR	Management	For	For
2	TO CONSIDER AND VOTE ON A PROPOSAL TO APPROVE THE MATERIAL TERMS OF THE RADIAN GROUP INC. PERFORMANCE SHARE PLAN.	Management	For	For
3	TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS RADIAN S INDEPENDENT AUDITOR FOR THE YEAR ENDING DECEMBER 31, 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: RELIANCE STEEL & ALUMINUM CO. MEETING DATE: 05/18/2005
TICKER: RS     SECURITY ID: 759509102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DOUGLAS M. HAYES AS A DIRECTOR	Management	For	For
1.2	ELECT FRANKLIN R. JOHNSON AS A DIRECTOR	Management	For	For
1.3	ELECT LESLIE A. WAITE AS A DIRECTOR	Management	For	For
2	RATIFY AND APPROVE THE AMENDMENT OF THE DIRECTORS STOCK OPTION PLAN TO PROVIDE FOR ANNUAL GRANTS OF STOCK OPTIONS.	Management	For	For
3	RATIFY ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM TO PERFORM THE ANNUAL AUDIT OF OUR 2005 FINANCIAL STATEMENTS.1	Management	For	For
4	IN THEIR DISCRETION ON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE MEETING.	Management	For	Abstain
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SELECTIVE INSURANCE GROUP, INC. MEETING DATE: 04/27/2005
TICKER: SIGI     SECURITY ID: 816300107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PAUL D. BAUER AS A DIRECTOR	Management	For	For
1.2	ELECT JOAN M. LAMM-TENNANT AS A DIRECTOR	Management	For	For
1.3	ELECT RONALD L. O'KELLEY AS A DIRECTOR	Management	For	For
2	APPROVE THE SELECTIVE INSURANCE GROUP, INC. 2005 OMNIBUS STOCK PLAN.	Management	For	Against
3	APPROVE THE SELECTIVE INSURANCE GROUP, INC, CASH INCENTIVE PLAN.	Management	For	For
4	RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005.	Management	For	For

ISSUER NAME: SIERRA HEALTH SERVICES, INC. MEETING DATE: 05/24/2005
TICKER: SIE     SECURITY ID: 826322109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS Y. HARTLEY AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL E. LUCE AS A DIRECTOR	Management	For	For
1.3	ELECT ANTHONY M. MARLON, M.D. AS A DIRECTOR	Management	For	For
1.4	ELECT ANTHONY L. WATSON AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S AUDITORS FOR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: STORAGE TECHNOLOGY CORPORATION MEETING DATE: 04/27/2005
TICKER: STK     SECURITY ID: 862111200
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES R. ADAMS AS A DIRECTOR	Management	For	For
1.2	ELECT CHARLES E. FOSTER AS A DIRECTOR	Management	For	For
1.3	ELECT MERCEDES JOHNSON AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM T. KERR AS A DIRECTOR	Management	For	For
1.5	ELECT ROBERT E. LEE AS A DIRECTOR	Management	For	For
1.6	ELECT PATRICK J. MARTIN AS A DIRECTOR	Management	For	For
1.7	ELECT JUDY C. ODOM AS A DIRECTOR	Management	For	For
2	RATIFY THE SELECTION OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
3	APPROVAL OF A STOCKHOLDER PROPOSAL REGARDING CUMULATIVE VOTING.	Shareholder	Against	Abstain
4	APPROVAL OF A STOCKHOLDER PROPOSAL REGARDING COUNTING OF ABSTENTIONS.	Shareholder	Against	Against

ISSUER NAME: SUNOCO, INC. MEETING DATE: 05/05/2005
TICKER: SUN     SECURITY ID: 86764P109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT R.J. DARNALL AS A DIRECTOR	Management	For	For
1.2	ELECT J.G. DROSDICK AS A DIRECTOR	Management	For	For
1.3	ELECT U.O. FAIRBAIRN AS A DIRECTOR	Management	For	For
1.4	ELECT T.P. GERRITY AS A DIRECTOR	Management	For	For
1.5	ELECT R.B. GRECO AS A DIRECTOR	Management	For	For
1.6	ELECT J.G. KAISER AS A DIRECTOR	Management	For	For
1.7	ELECT R.H. LENNY AS A DIRECTOR	Management	For	For
1.8	ELECT R.A. PEW AS A DIRECTOR	Management	For	For
1.9	ELECT G.J. RATCLIFFE AS A DIRECTOR	Management	For	For
1.10	ELECT J.W. ROWE AS A DIRECTOR	Management	For	For
1.11	ELECT J.K. WULFF AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR FISCAL YEAR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: TECH DATA CORPORATION MEETING DATE: 06/07/2005
TICKER: TECD     SECURITY ID: 878237106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES M. CRACCHIOLO AS A DIRECTOR	Management	For	For
1.2	ELECT JEFFERY P. HOWELLS AS A DIRECTOR	Management	For	For
1.3	ELECT DAVID M. UPTON AS A DIRECTOR	Management	For	For
2	TO APPROVE A PROPOSAL TO AMEND THE 2000 EQUITY INCENTIVE PLAN OF TECH DATA CORPORATION TO ADD PROVISIONS ALLOWING FOR NON-EMPLOYEE DIRECTOR PARTICIPATION.	Management	For	For

ISSUER NAME: TESORO CORPORATION MEETING DATE: 05/04/2005
TICKER: TSO     SECURITY ID: 881609101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT W. GOLDMAN AS A DIRECTOR	Management	For	For
1.2	ELECT STEVEN H. GRAPSTEIN AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM J. JOHNSON AS A DIRECTOR	Management	For	For
1.4	ELECT A. MAURICE MYERS AS A DIRECTOR	Management	For	For
1.5	ELECT DONALD H. SCHMUDE AS A DIRECTOR	Management	For	For
1.6	ELECT BRUCE A. SMITH AS A DIRECTOR	Management	For	For
1.7	ELECT PATRICK J. WARD AS A DIRECTOR	Management	For	For
1.8	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	For
2	PROPOSAL TO ADOPT THE 2005 NON-EMPLOYEE DIRECTOR STOCK PLAN.	Management	For	For
3	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: THE AES CORPORATION MEETING DATE: 04/28/2005
TICKER: AES     SECURITY ID: 00130H105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD DARMAN AS A DIRECTOR	Management	For	For
1.2	ELECT PAUL T. HANRAHAN AS A DIRECTOR	Management	For	For
1.3	ELECT KRISTINA M. JOHNSON AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN A. KOSKINEN AS A DIRECTOR	Management	For	For
1.5	ELECT PHILIP LADER AS A DIRECTOR	Management	For	For
1.6	ELECT JOHN H. MCARTHUR AS A DIRECTOR	Management	For	For
1.7	ELECT SANDRA O. MOOSE AS A DIRECTOR	Management	For	For
1.8	ELECT PHILIP A. ODEEN AS A DIRECTOR	Management	For	For
1.9	ELECT CHARLES O. ROSSOTTI AS A DIRECTOR	Management	For	For
1.10	ELECT SVEN SANDSTROM AS A DIRECTOR	Management	For	For
1.11	ELECT ROGER W. SANT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS.	Management	For	For

ISSUER NAME: THE BEAR STEARNS COMPANIES INC. MEETING DATE: 04/07/2005
TICKER: BSC     SECURITY ID: 073902108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES E. CAYNE AS A DIRECTOR	Management	For	For
1.2	ELECT HENRY S. BIENEN AS A DIRECTOR	Management	For	For
1.3	ELECT CARL D. GLICKMAN AS A DIRECTOR	Management	For	For
1.4	ELECT ALAN C. GREENBERG AS A DIRECTOR	Management	For	For
1.5	ELECT DONALD J. HARRINGTON AS A DIRECTOR	Management	For	For
1.6	ELECT FRANK T. NICKELL AS A DIRECTOR	Management	For	For
1.7	ELECT PAUL A. NOVELLY AS A DIRECTOR	Management	For	For
1.8	ELECT FREDERIC V. SALERNO AS A DIRECTOR	Management	For	For
1.9	ELECT ALAN D. SCHWARTZ AS A DIRECTOR	Management	For	For
1.10	ELECT WARREN J. SPECTOR AS A DIRECTOR	Management	For	For
1.11	ELECT VINCENT TESE AS A DIRECTOR	Management	For	For
1.12	ELECT WESLEY S. WILLIAMS JR. AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENTS TO THE PERFORMANCE COMPENSATION PLAN.	Management	For	For
3	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING NOVEMBER 30, 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: THE BOEING COMPANY MEETING DATE: 05/02/2005
TICKER: BA     SECURITY ID: 097023105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT KENNETH M. DUBERSTEIN AS A DIRECTOR	Management	For	For
1.2	ELECT W. JAMES MCNERNEY, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT LEWIS E. PLATT AS A DIRECTOR	Management	For	For
1.4	ELECT MIKE S. ZAFIROVSKI AS A DIRECTOR	Management	For	For
2	ADVISE ON APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS.1	Management	For	For
3	ADOPT HUMAN RIGHTS POLICIES.	Shareholder	Against	Against
4	PREPARE A REPORT ON MILITARY CONTRACTS.	Shareholder	Against	Against
5	PREPARE A REPORT ON POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against
6	DECLASSIFY THE BOARD OF DIRECTORS.	Shareholder	Against	For
7	ADOPT SIMPLE MAJORITY VOTE.	Shareholder	Against	For
8	CREATE A MAJORITY VOTE SHAREHOLDER COMMITTEE.	Shareholder	Against	Against
9	REQUIRE AN INDEPENDENT BOARD CHAIRMAN.	Shareholder	Against	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: THE COMMERCE GROUP, INC. MEETING DATE: 05/20/2005
TICKER: CGI     SECURITY ID: 200641108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RANDALL V. BECKER AS A DIRECTOR	Management	For	For
1.2	ELECT JOSEPH A. BORSKI, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT ERIC G. BUTLER AS A DIRECTOR	Management	For	For
1.4	ELECT HENRY J. CAMOSSE AS A DIRECTOR	Management	For	For
1.5	ELECT GERALD FELS AS A DIRECTOR	Management	For	For
1.6	ELECT DAVID R. GRENON AS A DIRECTOR	Management	For	For
1.7	ELECT ROBERT W. HARRIS AS A DIRECTOR	Management	For	For
1.8	ELECT ROBERT S. HOWLAND AS A DIRECTOR	Management	For	For
1.9	ELECT JOHN J. KUNKEL AS A DIRECTOR	Management	For	For
1.10	ELECT RAYMOND J. LAURING AS A DIRECTOR	Management	For	For
1.11	ELECT NORMAND R. MAROIS AS A DIRECTOR	Management	For	For
1.12	ELECT SURYAKANT M. PATEL AS A DIRECTOR	Management	For	For
1.13	ELECT A.J. REMILLARD, JR. AS A DIRECTOR	Management	For	For
1.14	ELECT A.J. REMILLARD, III AS A DIRECTOR	Management	For	For
1.15	ELECT REGAN P. REMILLARD AS A DIRECTOR	Management	For	For
1.16	ELECT GURBACHAN SINGH AS A DIRECTOR	Management	For	For
1.17	ELECT JOHN W. SPILLANE AS A DIRECTOR	Management	For	For

ISSUER NAME: THE ESTEE LAUDER COMPANIES INC. MEETING DATE: 11/05/2004
TICKER: EL     SECURITY ID: 518439104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT AERIN LAUDER AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM P. LAUDER AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD D. PARSONS AS A DIRECTOR	Management	For	For
1.4	ELECT LYNN F. DE ROTHSCHILD AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS FOR THE 2005 FISCAL YEAR.	Management	For	For

ISSUER NAME: THE FIRST AMERICAN CORPORATION MEETING DATE: 05/18/2005
TICKER: FAF     SECURITY ID: 318522307
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GARY J. BEBAN AS A DIRECTOR	Management	For	For
1.2	ELECT J. DAVID CHATHAM AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM G. DAVIS AS A DIRECTOR	Management	For	For
1.4	ELECT JAMES L. DOTI AS A DIRECTOR	Management	For	For
1.5	ELECT LEWIS W. DOUGLAS, JR. AS A DIRECTOR	Management	For	For
1.6	ELECT PAUL B. FAY, JR. AS A DIRECTOR	Management	For	For
1.7	ELECT D.P. KENNEDY AS A DIRECTOR	Management	For	For
1.8	ELECT PARKER S. KENNEDY AS A DIRECTOR	Management	For	For
1.9	ELECT FRANK E. O'BRYAN AS A DIRECTOR	Management	For	For
1.10	ELECT ROSLYN B. PAYNE AS A DIRECTOR	Management	For	For
1.11	ELECT D. VAN SKILLING AS A DIRECTOR	Management	For	For
1.12	ELECT HERBERT B. TASKER AS A DIRECTOR	Management	For	For
1.13	ELECT VIRGINIA M. UEBERROTH AS A DIRECTOR	Management	For	For

ISSUER NAME: UICI MEETING DATE: 05/18/2005
TICKER: UCI     SECURITY ID: 902737105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RONALD L. JENSEN AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM J. GEDWED AS A DIRECTOR	Management	For	For
1.3	ELECT GLENN W. REED AS A DIRECTOR	Management	For	For
1.4	ELECT RICHARD T. MOCKLER AS A DIRECTOR	Management	For	For
1.5	ELECT MURAL R. JOSEPHSON AS A DIRECTOR	Management	For	For
1.6	ELECT R.H. MICK THOMPSON AS A DIRECTOR	Management	For	For
1.7	ELECT DENNIS C. MCCUISTION AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE 2005 RESTRICTED STOCK PLAN.	Management	For	For
3	PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE INDEPENDENT AUDITORS FOR THE COMPANY.	Management	For	For

ISSUER NAME: US ONCOLOGY, INC. MEETING DATE: 08/20/2004
TICKER: USON     SECURITY ID: 90338W103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE AND ADOPT THE AGREEMENT AND PLAN OF MERGER DATED AS OF MARCH 20, 2004, AMONG US ONCOLOGY, INC., US ONCOLOGY HOLDINGS, INC. (F/K/A/ OILER HOLDING COMPANY) AND OILER ACQUISITION CORP., AND THE MERGER CONTEMPLATED BY THE MERGER AGREEMENT, UNDER WHICH EACH SHARE OF US ONCOLOGY COMMON STOCK WILL BE CONVERTED INTO THE RIGHT TO RECEIVE $15.05 IN CASH.1	Management	For	For
2	TO APPROVE THE POSTPONEMENT OR ADJOURNMENT OF THE SPECIAL MEETING TO A LATER DATE TO SOLICIT ADDITIONAL PROXIES IN FAVOR OF THE APPROVAL AND ADOPTION OF THE MERGER AGREEMENT AND THE MERGER IF THERE ARE NOT SUFFICIENT VOTES FOR APPROVAL AND ADOPTION OF THE MERGER AGREEMENT AND THE MERGER AT THE SPECIAL MEETING.	Management	For	Abstain
3	TO APPROVE AND ADOPT THE AMENDMENT TO US ONCOLOGY, INC. S 2002 KEY EXECUTIVE PERFORMANCE STOCK OPTION PLAN TO ACCELERATE THE VESTING OF UNVESTED STOCK OPTIONS HELD BY KEY EXECUTIVE OFFICERS OF US ONCOLOGY, INC., AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT.	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: VALERO ENERGY CORPORATION MEETING DATE: 09/13/2004
TICKER: VLO     SECURITY ID: 91913Y100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVAL OF AN AMENDMENT TO VALERO S RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE TOTAL NUMBER OF SHARES OF COMMON STOCK, PAR VALUE $0.01 PER SHARE, THAT VALERO HAS THE AUTHORITY TO ISSUE FROM 300,000,000 SHARES TO 600,000,000 SHARES.	Management	For	For

ISSUER NAME: VALERO ENERGY CORPORATION MEETING DATE: 04/28/2005
TICKER: VLO     SECURITY ID: 91913Y100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT W.E. 'BILL' BRADFORD AS A DIRECTOR	Management	For	For
1.2	ELECT RONALD K. CALGAARD AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM E. GREEHEY AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF KPMG LLP AS VALERO S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2005.	Management	For	For
3	APPROVE THE 2005 OMNIBUS STOCK INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: W. R. BERKLEY CORPORATION MEETING DATE: 05/10/2005
TICKER: BER     SECURITY ID: 084423102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RODNEY A. HAWES, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT JACK H. NUSBAUM AS A DIRECTOR	Management	For	For
1.3	ELECT MARK L. SHAPIRO AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR W.R. BERKLEY CORPORATION FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005.	Management	For	For

ISSUER NAME: WACHOVIA CORPORATION MEETING DATE: 10/28/2004
TICKER: WB     SECURITY ID: 929903102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	A PROPOSAL TO APPROVE THE PLAN OF MERGER CONTAINED IN THE AGREEMENT AND PLAN OF MERGER, DATED AS OF JUNE 20, 2004, BETWEEN SOUTHTRUST CORPORATION AND WACHOVIA, PURSUANT TO WHICH SOUTHTRUST WILL MERGE WITH AND INTO WACHOVIA, AS MORE FULLY DESCRIBED IN THE JOINT PROXY STATEMENT-PROSPECTUS DATED SEPTEMBER 24, 2004.	Management	For	For

ISSUER NAME: WACHOVIA CORPORATION MEETING DATE: 04/19/2005
TICKER: WB     SECURITY ID: 929903102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN D. BAKER, II* AS A DIRECTOR1	Management	For	For
1.2	ELECT PETER C. BROWNING* AS A DIRECTOR1	Management	For	For
1.3	ELECT DONALD M. JAMES* AS A DIRECTOR1	Management	For	For
1.4	ELECT VAN L. RICHEY* AS A DIRECTOR1	Management	For	For
1.5	ELECT G. KENNEDY THOMPSON* AS A DIRECTOR1	Management	For	For
1.6	ELECT JOHN C. WHITAKER, JR.* AS A DIRECTOR1	Management	For	For
1.7	ELECT WALLACE D. MALONE, JR** AS A DIRECTOR1	Management	For	For
1.8	ELECT ROBERT J. BROWN*** AS A DIRECTOR1	Management	For	For
2	A WACHOVIA PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP AS AUDITORS FOR THE YEAR 2005.	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: WAL-MART STORES, INC. MEETING DATE: 06/03/2005
TICKER: WMT     SECURITY ID: 931142103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES W. BREYER AS A DIRECTOR	Management	For	For
1.2	ELECT M. MICHELE BURNS AS A DIRECTOR	Management	For	For
1.3	ELECT DOUGLAS N. DAFT AS A DIRECTOR	Management	For	For
1.4	ELECT DAVID D. GLASS AS A DIRECTOR	Management	For	For
1.5	ELECT ROLAND A. HERNANDEZ AS A DIRECTOR	Management	For	For
1.6	ELECT JOHN D. OPIE AS A DIRECTOR	Management	For	For
1.7	ELECT J. PAUL REASON AS A DIRECTOR	Management	For	For
1.8	ELECT H. LEE SCOTT, JR. AS A DIRECTOR	Management	For	For
1.9	ELECT JACK C. SHEWMAKER AS A DIRECTOR	Management	For	For
1.10	ELECT JOSE H. VILLARREAL AS A DIRECTOR	Management	For	For
1.11	ELECT JOHN T. WALTON AS A DIRECTOR	Management	For	For
1.12	ELECT S. ROBSON WALTON AS A DIRECTOR	Management	For	For
1.13	ELECT CHRISTOPHER J. WILLIAMS AS A DIRECTOR	Management	For	For
1.14	ELECT LINDA S. WOLF AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE WAL-MART STORES, INC. STOCK INCENTIVE PLAN OF 2005, AS AMENDED	Management	For	Against
3	RATIFICATION OF INDEPENDENT ACCOUNTANTS	Management	For	For
4	A SHAREHOLDER PROPOSAL REGARDING AN EXECUTIVE COMPENSATION FRAMEWORK	Shareholder	Against	Against
5	A SHAREHOLDER PROPOSAL REGARDING A SUSTAINABILITY REPORT	Shareholder	Against	Against
6	A SHAREHOLDER PROPOSAL REGARDING AN EQUITY COMPENSATION REPORT	Shareholder	Against	Against
7	A SHAREHOLDER PROPOSAL REGARDING A POLITICAL CONTRIBUTIONS REPORT	Shareholder	Against	Against
8	A SHAREHOLDER PROPOSAL REGARDING AN EQUAL EMPLOYMENT OPPORTUNITY REPORT	Shareholder	Against	Against
9	A SHAREHOLDER PROPOSAL REGARDING A DIRECTOR ELECTION MAJORITY VOTE STANDARD	Shareholder	Against	Against
10	A SHAREHOLDER PROPOSAL REGARDING BOARD INDEPENDENCE	Shareholder	Against	Against
11	A SHAREHOLDER PROPOSAL REGARDING PERFORMANCE-VESTING SHARES	Shareholder	Against	Against

ISSUER NAME: XEROX CORPORATION MEETING DATE: 05/19/2005
TICKER: XRX     SECURITY ID: 984121103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GLENN A. BRITT AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD J. HARRINGTON AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM CURT HUNTER AS A DIRECTOR	Management	For	For
1.4	ELECT VERNON E. JORDAN, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT HILMAR KOPPER AS A DIRECTOR	Management	For	For
1.6	ELECT RALPH S. LARSEN AS A DIRECTOR	Management	For	For
1.7	ELECT ROBERT A. MCDONALD AS A DIRECTOR	Management	For	For
1.8	ELECT ANNE M. MULCAHY AS A DIRECTOR	Management	For	For
1.9	ELECT N.J. NICHOLAS, JR. AS A DIRECTOR	Management	For	For
1.10	ELECT ANN N. REESE AS A DIRECTOR	Management	For	For
1.11	ELECT STEPHEN ROBERT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For