FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

INVESTMENT COMPANY ACT FILE NUMBER: 811-03114

EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Select Portfolios

Fund Name: Select Transportation Portfolio

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

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

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

DATE OF FISCAL YEAR END: FEBRUARY 28

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 Select Portfolios

BY:  /s/ CHRISTINE REYNOLDS
-----------------------------------------------------
CHRISTINE REYNOLDS, TREASURER, FIDELITY MANAGEMENT & RESEARCH COMPANY
DATE: 08/09/2005 09:24:39 AM

EXHIBIT A

VOTE SUMMARY REPORT
Select Transportation Portfolio
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: AIRTRAN HOLDINGS, INC. MEETING DATE: 05/17/2005
TICKER: AAI     SECURITY ID: 00949P108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PETER D'ALOIA AS A DIRECTOR	Management	For	For
1.2	ELECT JERE A. DRUMMOND AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN F. FIEDLER AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM J. USURY AS A DIRECTOR	Management	For	For
2	TO AMEND THE COMPANY S 2002 LONG-TERM INCENTIVE COMPENSATION PLAN.	Management	For	For

ISSUER NAME: ALASKA AIR GROUP, INC. MEETING DATE: 05/17/2005
TICKER: ALK     SECURITY ID: 011659109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PHYLLIS J. CAMPBELL AS A DIRECTOR	Management	For	For
1.2	ELECT MARK R. HAMILTON AS A DIRECTOR	Management	For	For
1.3	ELECT BYRON I. MALLOTT AS A DIRECTOR	Management	For	For
1.4	ELECT RICHARD A. WIEN AS A DIRECTOR	Management	For	For
2	STOCKHOLDER PROPOSAL ON POISON PILL	Shareholder	Against	Against
3	STOCKHOLDER PROPOSAL ON CONFIDENTIAL SHAREHOLDER VOTING	Shareholder	Against	For
4	STOCKHOLDER PROPOSAL ON CUMULATIVE VOTING	Shareholder	Against	Abstain
5	STOCKHOLDER PROPOSAL ON ANNUAL ELECTION OF DIRECTORS	Shareholder	Against	For
6	STOCKHOLDER PROPOSAL TO ADOPT SIMPLE MAJORITY VOTE WHEN AMENDING BYLAWS	Shareholder	Against	For
7	STOCKHOLDER PROPOSAL TO ADOPT COMPREHENSIVE COMMITMENT TO ADOPT SIMPLE MAJORITY VOTE.	Shareholder	Against	Against
8	I WISH TO WITHHOLD AUTHORITY FROM THE COMPANY S PROXY COMMITTEE TO VOTE MY SHARES IN CONNECTION WITH ANY OTHER BUSINESS THAT MAY PROPERLY COME BEFORE THE MEETING. *PLEASE MARK THE ABSTAIN BOX IF YOU WISH TO WITHHOLD AUTHORITY1	Management	Unknown	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: ALEXANDER & BALDWIN, INC. MEETING DATE: 04/28/2005
TICKER: ALEX     SECURITY ID: 014482103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT M.J. CHUN AS A DIRECTOR	Management	For	For
1.2	ELECT W.A. DOANE AS A DIRECTOR	Management	For	For
1.3	ELECT W.A. DODS, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT C.G. KING AS A DIRECTOR	Management	For	For
1.5	ELECT C.H. LAU AS A DIRECTOR	Management	For	For
1.6	ELECT C.R. MCKISSICK AS A DIRECTOR	Management	For	For
1.7	ELECT D.M. PASQUALE AS A DIRECTOR	Management	For	For
1.8	ELECT M.G. SHAW AS A DIRECTOR	Management	For	For
1.9	ELECT C.M. STOCKHOLM AS A DIRECTOR	Management	For	For
1.10	ELECT J.N. WATANABE AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE AUDITORS OF THE CORPORATION.1	Management	For	For
3	PROPOSAL TO AMEND THE 1998 STOCK OPTION/STOCK INCENTIVE PLAN.	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: AMR CORPORATION MEETING DATE: 05/18/2005
TICKER: AMR     SECURITY ID: 001765106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GERARD J. ARPEY AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN W. BACHMANN AS A DIRECTOR	Management	For	For
1.3	ELECT DAVID L. BOREN AS A DIRECTOR	Management	For	For
1.4	ELECT EDWARD A. BRENNAN AS A DIRECTOR	Management	For	For
1.5	ELECT ARMANDO M. CODINA AS A DIRECTOR	Management	For	For
1.6	ELECT EARL G. GRAVES AS A DIRECTOR	Management	For	For
1.7	ELECT ANN M. KOROLOGOS AS A DIRECTOR	Management	For	For
1.8	ELECT MICHAEL A. MILES AS A DIRECTOR	Management	For	For
1.9	ELECT PHILIP J. PURCELL AS A DIRECTOR	Management	For	For
1.10	ELECT JOE M. RODGERS AS A DIRECTOR	Management	For	For
1.11	ELECT JUDITH RODIN AS A DIRECTOR	Management	For	For
1.12	ELECT MATTHEW K. ROSE AS A DIRECTOR	Management	For	For
1.13	ELECT ROGER T. STAUBACH AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2005.1	Management	For	For
3	STOCKHOLDER PROPOSAL RELATING TO TERM LIMITS FOR NON-EMPLOYEE DIRECTORS.	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: ARKANSAS BEST CORPORATION MEETING DATE: 04/20/2005
TICKER: ABFS     SECURITY ID: 040790107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT A. DAVIDSON AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM M. LEGG AS A DIRECTOR	Management	For	For
1.3	ELECT ALAN J. ZAKON AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.1	Management	For	For
3	APPROVAL OF THE EXECUTIVE OFFICER ANNUAL INCENTIVE COMPENSATION PLAN.	Management	For	For
4	APPROVAL OF THE 2005 OWNERSHIP INCENTIVE PLAN.	Management	For	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: BOMBARDIER INC MEETING DATE: 06/07/2005
TICKER: --     SECURITY ID: 097751200
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECT MR. LAURENT BEAUDOIN AS A DIRECTOR	Management	Unknown	For
2	ELECT MR. PIERRE BEAUDOIN AS A DIRECTOR	Management	Unknown	For
3	ELECT MR. ANDR; B; RARD AS A DIRECTOR	Management	Unknown	For
4	ELECT MR. J.R. ANDR; BOMBARDIER AS A DIRECTOR	Management	Unknown	For
5	ELECT MR. JANINE BOMBARDIER AS A DIRECTOR	Management	Unknown	For
6	ELECT MR. L. DENIS DESAUTELS AS A DIRECTOR	Management	Unknown	For
7	ELECT MR. MICHAEL J. DURHAM AS A DIRECTOR	Management	Unknown	For
8	ELECT MR. JEAN-LOUIS FONTAINE AS A DIRECTOR	Management	Unknown	For
9	ELECT MR. DANIEL JOHNSON AS A DIRECTOR	Management	Unknown	For
10	ELECT MR. JEAN C. MONTY AS A DIRECTOR	Management	Unknown	For
11	ELECT MR. ANDR; NAVARRI AS A DIRECTOR	Management	Unknown	For
12	ELECT MR. JAMES E. PERRELLA AS A DIRECTOR	Management	Unknown	For
13	ELECT MR. CARLOS E. REPRESAS AS A DIRECTOR	Management	Unknown	For
14	ELECT MR. FEDERICO SADA G. AS A DIRECTOR	Management	Unknown	For
15	ELECT MR. HEINRICH WEISS AS A DIRECTOR	Management	Unknown	For
16	APPOINT ERNST & YOUNG LLP, CHARTERED ACCOUNTANTS AS THE AUDITORS1	Management	Unknown	For
17	APPROVE THE SHAREHOLDER PROPOSAL AS SPECIFIED	Management	Unknown	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: BRITISH AIRWAYS PLC MEETING DATE: 07/20/2004
TICKER: BAB     SECURITY ID: 110419306
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	REPORT AND ACCOUNTS	Management	For	For
2	REMUNERATION REPORT	Management	For	For
3	RE-ELECTION OF MICHAEL STREET	Management	For	For
4	RE-ELECTION OF BARONESS O CATHAIN	Management	For	For
5	ELECTION OF ALISON REED	Management	For	For
6	RE-APPOINTMENT OF AUDITOR	Management	For	For
7	REMUNERATION OF AUDITOR	Management	For	For

ISSUER NAME: BURLINGTON NORTHERN SANTA FE CORPORA MEETING DATE: 04/20/2005
TICKER: BNI     SECURITY ID: 12189T104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT A.L. BOECKMANN AS A DIRECTOR	Management	For	For
1.2	ELECT V.S. MARTINEZ AS A DIRECTOR	Management	For	For
1.3	ELECT M.F. RACICOT AS A DIRECTOR	Management	For	For
1.4	ELECT R.S. ROBERTS AS A DIRECTOR	Management	For	For
1.5	ELECT M.K. ROSE AS A DIRECTOR	Management	For	For
1.6	ELECT M.J. SHAPIRO AS A DIRECTOR	Management	For	For
1.7	ELECT J.C. WATTS, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT R.H. WEST AS A DIRECTOR	Management	For	For
1.9	ELECT J.S. WHISLER AS A DIRECTOR	Management	For	For
1.10	ELECT E.E. WHITACRE, JR. AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR 2005 (ADVISORY VOTE).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: C.H. ROBINSON WORLDWIDE, INC. MEETING DATE: 05/19/2005
TICKER: CHRW     SECURITY ID: 12541W100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT EZRILOV AS A DIRECTOR	Management	For	For
1.2	ELECT WAYNE M. FORTON AS A DIRECTOR	Management	For	For
1.3	ELECT BRIAN P. SHORT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.1	Management	For	For
3	APPROVAL OF THE 2005 MANAGEMENT BONUS PLAN.	Management	For	For
4	APPROVAL OF THE AMENDED AND RESTATED 1997 OMNIBUS STOCK PLAN.	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: CANADIAN NATL RY CO MEETING DATE: 04/21/2005
TICKER: --     SECURITY ID: 136375102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YE 31 DEC 2004, TOGETHER WITH THE AUDITORS REPORT THEREON	N/A	N/A	N/A
2	ELECT MR. MICHAEL R. ARMELLINO AS A DIRECTOR	Management	Unknown	For
3	ELECT MR. A. CHARLES BAILLIE AS A DIRECTOR	Management	Unknown	For
4	ELECT MR. HUGH J. BOLTON AS A DIRECTOR	Management	Unknown	For
5	ELECT MR. PURDY CRAWFORD AS A DIRECTOR	Management	Unknown	For
6	ELECT MR. J.V. RAYMOND CYR AS A DIRECTOR	Management	Unknown	For
7	ELECT AMBASSADOR GORDON D. GIFFIN AS A DIRECTOR	Management	Unknown	For
8	ELECT MR. JAMES K. GRAY AS A DIRECTOR	Management	Unknown	For
9	ELECT MR. E. HUNTER HARRISON AS A DIRECTOR	Management	Unknown	For
10	ELECT MR. EDITH E. HOLIDAY AS A DIRECTOR	Management	Unknown	For
11	ELECT MR. V. MAUREEN KEMPSTON DARKES AS A DIRECTOR	Management	Unknown	For
12	ELECT MR. GILBERT H. LAMPHERE AS A DIRECTOR	Management	Unknown	For
13	ELECT MR. DENIS LOSIER AS A DIRECTOR	Management	Unknown	For
14	ELECT THE HONOURABLE EDWARD C. LUMLEY AS A DIRECTOR	Management	Unknown	For
15	ELECT MR. DAVID G.A. MCLEAN AS A DIRECTOR	Management	Unknown	For
16	ELECT MR. ROBERT PACE AS A DIRECTOR	Management	Unknown	For
17	APPOINT KPMG LLP AS THE COMPANY S AUDITORS	Management	Unknown	For
18	APPROVE, SUBJECT TO REGULATORY APPROVAL, THE COMPANY S MANAGEMENT LONG-TERM INCENTIVE PLAN BE AMENDED TO INCREASE THE MAXIMUM NUMBER OF COMMON SHARES WHICH MAY BE ISSUED UNDER THE PLAN FROM 22,500,000 TO 30,000,000	Management	Unknown	For
19	TRANSACT SUCH OTHER BUSINESS	N/A	N/A	N/A

ISSUER NAME: CANADIAN PACIFIC RAILWAY LTD MEETING DATE: 05/05/2005
TICKER: --     SECURITY ID: 13645T100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DEC 2004 AND THE AUDITORS REPORT THEREON	N/A	N/A	N/A
2	ELECT MESSRS. STEPHEN E. BACHAND, JOHN E. CLEGHORN, TIM W. FAITHFULL, JAMES E. NEWALL, JAMES R. NININGER, MADELEINE PAQUIN, MICHAEL E.J. PHELPS, ROGER PHILLIPS, ROBERT J. RITCHIE AND MICHAEL W. WRIGHT AS THE DIRECTORS	Management	Unknown	For
3	APPOINT PRICEWATERHOUSECOOPERS LLP AS THE AUDITORS	Management	Unknown	For
4	APPROVE: THE SHAREHOLDER RIGHTS PLAN DATED AS OF 31 JUL 2001 AND AMEND AND RESTATE AS OF 19 FEB 2002 BETWEEN THE CANADIAN PACIFIC RAILWAY LIMITED AND THE COMPUTERSHARE TRUST COMPANY OF CANADA; THE MAKING ON OR PRIOR TO THE DATE HEREOF OF ANY REVISIONS TO THE SHAREHOLDER RIGHTS PLAN AS MAY BE REQUIRED BY ANY STOCK EXCHANGE OR BY PROFESSIONAL COMMENTATORS ON SHAREHOLDER RIGHTS PLANS IN ORDER TO GIVE EFFECT TO THE FOREGOING REVISIONS OR TO CONFORM THE SHAREHOLDER RIGHTS PLAN TO VERSIONS OF SHAREHOL...	Management	Unknown	For
5	TRANSACT ANY OTHER BUSINESS	N/A	N/A	N/A

ISSUER NAME: CNF INC. MEETING DATE: 04/19/2005
TICKER: CNF     SECURITY ID: 12612W104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL J. MURRAY AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT D. ROGERS AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM J. SCHROEDER AS A DIRECTOR	Management	For	For
1.4	ELECT CHELSEA C. WHITE III AS A DIRECTOR	Management	For	For
2	RATIFY APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: COMMERCIAL VEHICLE GROUP, INC. MEETING DATE: 06/13/2005
TICKER: CVGI     SECURITY ID: 202608105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAVID R. BOVEE AS A DIRECTOR	Management	For	For
1.2	ELECT SCOTT D. RUED AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR COMMERCIAL VEHICLE GROUP, INC. FOR THE FISCAL 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: CONTINENTAL AIRLINES, INC. MEETING DATE: 06/16/2005
TICKER: CAL     SECURITY ID: 210795308
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS J. BARRACK, JR. AS A DIRECTOR	Management	For	Withhold
1.2	ELECT KIRBYJON H. CALDWELL AS A DIRECTOR	Management	For	Withhold
1.3	ELECT LAWRENCE W. KELLNER AS A DIRECTOR	Management	For	Withhold
1.4	ELECT DOUGLAS H. MCCORKINDALE AS A DIRECTOR	Management	For	Withhold
1.5	ELECT HENRY L. MEYER III AS A DIRECTOR	Management	For	Withhold
1.6	ELECT OSCAR MUNOZ AS A DIRECTOR	Management	For	Withhold
1.7	ELECT GEORGE G.C. PARKER AS A DIRECTOR	Management	For	Withhold
1.8	ELECT JEFFERY A. SMISEK AS A DIRECTOR	Management	For	Withhold
1.9	ELECT KAREN HASTIE WILLIAMS AS A DIRECTOR	Management	For	Withhold
1.10	ELECT RONALD B. WOODARD AS A DIRECTOR	Management	For	Withhold
1.11	ELECT CHARLES A. YAMARONE AS A DIRECTOR	Management	For	Withhold
2	PROPOSAL TO RE-APPROVE THE MATERIAL TERMS OF THE PERFORMANCE GOAL UNDER THE PERFORMANCE AWARD PROVISIONS OF THE INCENTIVE PLAN 2000	Management	For	For
3	RATIFICATION OF INDEPENDENT AUDITORS	Management	For	For
4	PLEASE MARK THE FOR BOX ONLY IF ANY STOCK OWNED OF RECORD OR BENEFICIALLY BY YOU IS OWNED OR CONTROLLED BY NON-U.S. CITIZENS (AS DEFINED IN THE PROXY STATEMENT).1	Management	Unknown	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: CSX CORPORATION MEETING DATE: 05/04/2005
TICKER: CSX     SECURITY ID: 126408103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT E.E. BAILEY AS A DIRECTOR	Management	For	For
1.2	ELECT SEN. J.B. BREAUX AS A DIRECTOR	Management	For	For
1.3	ELECT E.J. KELLY, III AS A DIRECTOR	Management	For	For
1.4	ELECT R.D. KUNISCH AS A DIRECTOR	Management	For	For
1.5	ELECT S.J. MORCOTT AS A DIRECTOR	Management	For	For
1.6	ELECT D.M. RATCLIFFE AS A DIRECTOR	Management	For	For
1.7	ELECT C.E. RICE AS A DIRECTOR	Management	For	For
1.8	ELECT W.C. RICHARDSON AS A DIRECTOR	Management	For	For
1.9	ELECT F.S. ROYAL, M.D. AS A DIRECTOR	Management	For	For
1.10	ELECT D.J. SHEPARD AS A DIRECTOR	Management	For	For
1.11	ELECT M.J. WARD AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.1	Management	For	For
3	SHAREHOLDER PROPOSAL REGARDING NON-DEDUCTIBLE EXECUTIVE COMPENSATION.	Shareholder	Against	Against
4	SHAREHOLDER PROPOSAL REGARDING MAJORITY VOTE.	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: 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: DELTA AIR LINES, INC. MEETING DATE: 05/19/2005
TICKER: DAL     SECURITY ID: 247361108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT EDWARD H. BUDD AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID R. GOODE AS A DIRECTOR	Management	For	For
1.3	ELECT GERALD GRINSTEIN AS A DIRECTOR	Management	For	For
1.4	ELECT ARTHUR E. JOHNSON AS A DIRECTOR	Management	For	For
1.5	ELECT KARL J. KRAPEK AS A DIRECTOR	Management	For	For
1.6	ELECT PAULA ROSPUT REYNOLDS AS A DIRECTOR	Management	For	For
1.7	ELECT JOHN F. SMITH, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT JOAN E. SPERO AS A DIRECTOR	Management	For	For
1.9	ELECT KENNETH B. WOODROW AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS DELTA S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2005.1	Management	For	For
3	AMENDMENT TO THE CERTIFICATE OF INCORPORATION	Management	For	For
4	SHAREOWNER PROPOSAL REGARDING SEXUAL ORIENTATION AND GENDER IDENTITY POLICIES	Shareholder	Against	Against
5	SHAREOWNER PROPOSAL REGARDING COMPENSATION OR BENEFIT INCREASES FOR EXECUTIVES	Shareholder	Against	Against
6	SHAREOWNER PROPOSAL REGARDING DELTA S EXECUTIVE COMPENSATION STRUCTURE	Shareholder	Against	Against
7	SHAREOWNER PROPOSAL REGARDING COMPENSATION OF FORMER DELTA EXECUTIVES	Shareholder	Against	Against
8	SHAREOWNER PROPOSAL REGARDING CUMULATIVE VOTING IN THE ELECTION OF DIRECTORS	Shareholder	Against	Abstain
9	SHAREOWNER PROPOSAL REGARDING DIRECTOR ELECTION THRESHOLD	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: DOLLAR THRIFTY AUTOMOTIVE GROUP, INC MEETING DATE: 05/20/2005
TICKER: DTG     SECURITY ID: 256743105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MOLLY SHI BOREN AS A DIRECTOR	Management	For	For
1.2	ELECT THOMAS P. CAPO AS A DIRECTOR	Management	For	For
1.3	ELECT MARYANN N. KELLER AS A DIRECTOR	Management	For	For
1.4	ELECT THE HON. E.C. LUMLEY AS A DIRECTOR	Management	For	For
1.5	ELECT GARY L. PAXTON AS A DIRECTOR	Management	For	For
1.6	ELECT JOHN C. POPE AS A DIRECTOR	Management	For	For
1.7	ELECT JOHN P. TIERNEY AS A DIRECTOR	Management	For	For
1.8	ELECT EDWARD L. WAX AS A DIRECTOR	Management	For	For
2	RATIFICATION OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2005.1	Management	For	For
3	APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE LONG-TERM INCENTIVE PLAN OF DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.	Management	For	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DYNAMEX INC. MEETING DATE: 01/11/2005
TICKER: DDN     SECURITY ID: 26784F103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD K. MCCLELLAND AS A DIRECTOR	Management	For	For
1.2	ELECT KENNETH H. BISHOP AS A DIRECTOR	Management	For	For
1.3	ELECT BRIAN J. HUGHES AS A DIRECTOR	Management	For	For
1.4	ELECT WAYNE KERN AS A DIRECTOR	Management	For	For
1.5	ELECT BRUCE E. RANCK AS A DIRECTOR	Management	For	For
1.6	ELECT STEPHEN P. SMILEY AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	APPROVAL OF THE SECOND AMENDMENT TO THE COMPANY S AMENDED AND RESTATED 1996 STOCK OPTION PLAN	Management	For	For
4	IN THE DISCRETION OF THE PROXY, ON ANY OTHER MATTER THAT MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF	Management	For	Abstain

ISSUER NAME: EATON CORPORATION MEETING DATE: 04/27/2005
TICKER: ETN     SECURITY ID: 278058102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN R. MILLER AS A DIRECTOR	Management	For	For
1.3	ELECT GREGORY R. PAGE AS A DIRECTOR	Management	For	For
1.4	ELECT VICTOR A. PELSON AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: EGL, INC. MEETING DATE: 05/31/2005
TICKER: EAGL     SECURITY ID: 268484102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES R. CRANE AS A DIRECTOR	Management	For	For
1.2	ELECT FRANK J. HEVRDEJS AS A DIRECTOR	Management	For	For
1.3	ELECT PAUL WILLIAM HOBBY AS A DIRECTOR	Management	For	For
1.4	ELECT MICHAEL K. JHIN AS A DIRECTOR	Management	For	For
1.5	ELECT MILTON CARROLL AS A DIRECTOR	Management	For	For
1.6	ELECT NEIL E. KELLEY AS A DIRECTOR	Management	For	For
1.7	ELECT REBECCA A. MCDONALD AS A DIRECTOR	Management	For	For
1.8	ELECT JAMES C. FLAGG AS A DIRECTOR	Management	For	For
1.9	ELECT ELIJIO V. SERRANO AS A DIRECTOR	Management	For	For

ISSUER NAME: EXPEDITORS INT'L OF WASHINGTON, INC. MEETING DATE: 05/04/2005
TICKER: EXPD     SECURITY ID: 302130109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT P.J. ROSE AS A DIRECTOR	Management	For	For
1.2	ELECT J.L.K. WANG AS A DIRECTOR	Management	For	For
1.3	ELECT R.J. GATES AS A DIRECTOR	Management	For	For
1.4	ELECT J.J. CASEY AS A DIRECTOR	Management	For	For
1.5	ELECT D.P. KOURKOUMELIS AS A DIRECTOR	Management	For	For
1.6	ELECT M.J. MALONE AS A DIRECTOR	Management	For	For
1.7	ELECT J.W. MEISENBACH AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE 2005 STOCK OPTION PLAN AS DESCRIBED IN THE COMPANY S PROXY STATEMENT DATED MARCH 31, 2005.	Management	For	Against
3	SHAREHOLDER PROPOSAL CONCERNING SHAREHOLDER RATIFICATION OF THE INDEPENDENT AUDITOR SELECTION.	Shareholder	Against	Against

ISSUER NAME: EXPRESSJET HOLDINGS, INC. MEETING DATE: 05/11/2005
TICKER: XJT     SECURITY ID: 30218U108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES B. REAM AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD REITZ AS A DIRECTOR	Management	For	For
1.3	ELECT THOMAS E. SCHICK AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT AUDITORS.	Management	For	For
3	PLEASE MARK THIS BOX ONLY IF STOCK OWNED OF RECORD OR BENEFICIALLY BY YOU IS OWNED OR CONTROLLED BY PERSONS WHO ARE NOT U.S. CITIZENS (AS DEFINED IN THE PROXY STATEMENT)1	Management	Unknown	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: FEDEX CORPORATION MEETING DATE: 09/27/2004
TICKER: FDX     SECURITY ID: 31428X106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CHARLES T. MANATT* AS A DIRECTOR1	Management	For	For
1.2	ELECT JUDITH L. ESTRIN** AS A DIRECTOR1	Management	For	For
1.3	ELECT PHILIP GREER** AS A DIRECTOR1	Management	For	For
1.4	ELECT J.R. HYDE, III** AS A DIRECTOR1	Management	For	For
1.5	ELECT SHIRLEY A. JACKSON** AS A DIRECTOR1	Management	For	For
1.6	ELECT FREDERICK W. SMITH** AS A DIRECTOR1	Management	For	For
2	APPROVAL OF AMENDMENTS TO FEDEX S BYLAWS TO PROVIDE FOR THE ANNUAL ELECTION OF DIRECTORS.	Management	For	For
3	APPROVAL OF AMENDMENT TO FEDEX S INCENTIVE STOCK PLAN TO INCREASE THE NUMBER OF SHARES RESERVED FOR ISSUANCE UNDER THE PLAN.	Management	For	Against
4	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	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: FLORIDA EAST COAST INDUSTRIES, INC. MEETING DATE: 06/02/2005
TICKER: FLA     SECURITY ID: 340632108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT D. FAGAN AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID M. FOSTER AS A DIRECTOR	Management	For	For
1.3	ELECT ALLEN C. HARPER AS A DIRECTOR	Management	For	For
1.4	ELECT ADOLFO HENRIQUES AS A DIRECTOR	Management	For	For
1.5	ELECT JAMES E. JORDAN AS A DIRECTOR	Management	For	For
1.6	ELECT GILBERT H. LAMPHERE AS A DIRECTOR	Management	For	For
1.7	ELECT JOSEPH NEMEC AS A DIRECTOR	Management	For	For
1.8	ELECT JORGE PEREZ AS A DIRECTOR	Management	For	For
1.9	ELECT JAMES J. PIECZYNSKI AS A DIRECTOR	Management	For	For
1.10	ELECT WELLFORD L. SANDERS JR. AS A DIRECTOR	Management	For	For
2	THE APPROVAL OF THE AMENDED AND RESTATED FLORIDA EAST COAST INDUSTRIES 2002 STOCK INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: FORWARD AIR CORPORATION MEETING DATE: 05/26/2005
TICKER: FWRD     SECURITY ID: 349853101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BRUCE A. CAMPBELL AS A DIRECTOR	Management	For	For
1.2	ELECT ANDREW C. CLARKE AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD W. HANSELMAN AS A DIRECTOR	Management	For	For
1.4	ELECT C. JOHN LANGLEY, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT RAY A. MUNDY AS A DIRECTOR	Management	For	For
1.6	ELECT B. CLYDE PRESLAR AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.1	Management	For	For
3	APPROVAL OF THE 2005 EMPLOYEE STOCK PURCHASE PLAN.	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: FRONTIER AIRLINES, INC. MEETING DATE: 09/09/2004
TICKER: FRNT     SECURITY ID: 359065109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT SAMUEL D. ADDOMS AS A DIRECTOR	Management	For	For
1.2	ELECT HANK BROWN AS A DIRECTOR	Management	For	For
1.3	ELECT D. DALE BROWNING AS A DIRECTOR	Management	For	For
1.4	ELECT PAUL S. DEMPSEY AS A DIRECTOR	Management	For	For
1.5	ELECT PATRICIA A. ENGELS AS A DIRECTOR	Management	For	For
1.6	ELECT WILLIAM B. MCNAMARA AS A DIRECTOR	Management	For	For
1.7	ELECT B. LARAE ORULLIAN AS A DIRECTOR	Management	For	For
1.8	ELECT JEFF S. POTTER AS A DIRECTOR	Management	For	For
1.9	ELECT JAMES B. UPCHURCH AS A DIRECTOR	Management	For	For
2	TO CONSIDER AND VOTE UPON A PROPOSAL TO APPROVE THE FRONTIER AIRLINES, INC. 2004 EQUITY INCENTIVE PLAN.	Management	For	For

ISSUER NAME: FRONTLINE LTD MEETING DATE: 12/17/2004
TICKER: --     SECURITY ID: G3682E127
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING 209470 DUE TO ADDITIONAL RESOLUTION. ALL VOTES RECEIVED ON THE PREVIOUS MEETING WILL BE DISREGARDED AND YOU WILL NEED TO REINSTRUCT ON THIS MEETING NOTICE. THANK YOU.	N/A	N/A	N/A
2	RECEIVE AND ADOPT THE FINANCIAL STATEMENTS OF THE COMPANY FOR THE YE 31 DEC 2003	Management	Unknown	For
3	RE-ELECT MR. JOHN FREDRIKSEN AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
4	RE-ELECT MR. TOR OLAV TROEIM AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
5	RE-ELECT MR. KATE BLANKENSHIP AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
6	APPOINT PRICEWATERHOUSECOOPERS DA OF OSLO, AS THE AUDITORS AND AUTHORIZE THE DIRECTORS TO DETERMINE THEIR REMUNERATION	Management	Unknown	For

ISSUER NAME: GATX CORPORATION MEETING DATE: 04/22/2005
TICKER: GMT     SECURITY ID: 361448103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROD F. DAMMEYER AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES M. DENNY AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD FAIRBANKS AS A DIRECTOR	Management	For	For
1.4	ELECT DEBORAH M. FRETZ AS A DIRECTOR	Management	For	For
1.5	ELECT BRIAN A. KENNEY AS A DIRECTOR	Management	For	For
1.6	ELECT MILES L. MARSH AS A DIRECTOR	Management	For	For
1.7	ELECT MARK G. MCGRATH AS A DIRECTOR	Management	For	For
1.8	ELECT MICHAEL E. MURPHY AS A DIRECTOR	Management	For	For
1.9	ELECT CASEY J. SYLLA AS A DIRECTOR	Management	For	For
1.10	ELECT RONALD H. ZECH AS A DIRECTOR	Management	For	For
2	APPROVAL OF AUDITORS	Management	For	For

ISSUER NAME: GENERAL MARITIME CORPORATION MEETING DATE: 05/26/2005
TICKER: GMR     SECURITY ID: Y2692M103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT REX W. HARRINGTON AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN O. HATAB AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT ACCOUNTANTS	Management	For	For
3	RATIFICATION OF AMENDMENT TO AND RESTATEMENT OF THE 2001 STOCK INCENTIVE PLAN TO INCREASE THE MAXIMUM NUMBER OF SHARES ISSUABLE UNDER THE PLAN.	Management	For	For

ISSUER NAME: HEARTLAND EXPRESS, INC. MEETING DATE: 05/12/2005
TICKER: HTLD     SECURITY ID: 422347104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT R. GERDIN AS A DIRECTOR	Management	For	For
1.2	ELECT R. JACOBSON AS A DIRECTOR	Management	For	For
1.3	ELECT B. ALLEN AS A DIRECTOR	Management	For	For
1.4	ELECT M. GERDIN AS A DIRECTOR	Management	For	For
1.5	ELECT L. CROUSE AS A DIRECTOR	Management	For	For

ISSUER NAME: HUB GROUP, INC. MEETING DATE: 05/04/2005
TICKER: HUBG     SECURITY ID: 443320106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PHILLIP C. YEAGER AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID P. YEAGER AS A DIRECTOR	Management	For	For
1.3	ELECT MARK A. YEAGER AS A DIRECTOR	Management	For	For
1.4	ELECT GARY D. EPPEN AS A DIRECTOR	Management	For	For
1.5	ELECT CHARLES R. REAVES AS A DIRECTOR	Management	For	For
1.6	ELECT MARTIN P. SLARK AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO INCREASE AUTHORIZED SHARES OF CLASS A COMMON STOCK.	Management	For	For

ISSUER NAME: J.B. HUNT TRANSPORT SERVICES, INC. MEETING DATE: 04/21/2005
TICKER: JBHT     SECURITY ID: 445658107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHNELLE D. HUNT AS A DIRECTOR	Management	For	For
1.2	ELECT KIRK THOMPSON AS A DIRECTOR	Management	For	For
1.3	ELECT LELAND E. TOLLETT AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN A. WHITE AS A DIRECTOR	Management	For	For
1.5	ELECT COLEMAN H. PETERSON AS A DIRECTOR	Management	For	For
2	TO APPROVE AN AMENDMENT TO THE COMPANY S ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK	Management	For	Against
3	TO AMEND THE COMPANY S MANAGEMENT INCENTIVE PLAN	Management	For	Against

ISSUER NAME: JETBLUE AIRWAYS CORPORATION MEETING DATE: 05/18/2005
TICKER: JBLU     SECURITY ID: 477143101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL LAZARUS AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID NEELEMAN AS A DIRECTOR	Management	For	For
1.3	ELECT FRANK SICA AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL 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: KANSAS CITY SOUTHERN MEETING DATE: 03/29/2005
TICKER: KSU     SECURITY ID: 485170302
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PROPOSED ISSUANCE OF COMMON STOCK.	Management	For	For

ISSUER NAME: KANSAS CITY SOUTHERN MEETING DATE: 05/05/2005
TICKER: KSU     SECURITY ID: 485170302
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT J. DRUTEN AS A DIRECTOR	Management	For	For
1.2	ELECT RODNEY E. SLATER AS A DIRECTOR	Management	For	For
2	APPROVAL OF AN AMENDMENT TO THE AMENDED AND RESTATED 1991 STOCK OPTION AND PERFORMANCE AWARD PLAN TO INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE UNDER THE PLAN.	Management	For	Against
3	RATIFICATION OF THE AUDIT COMMITTEE S SELECTION OF KPMG LLP AS KCS S INDEPENDENT ACCOUNTANTS FOR 2005.	Management	For	For

ISSUER NAME: KIRBY CORPORATION MEETING DATE: 04/26/2005
TICKER: KEX     SECURITY ID: 497266106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WALTER E. JOHNSON AS A DIRECTOR	Management	For	For
1.2	ELECT GEORGE A. PETERKIN, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT G. STONE, JR. AS A DIRECTOR	Management	For	For
2	TO APPROVE THE KIRBY CORPORATION 2005 STOCK AND INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: KNIGHT TRANSPORTATION, INC. MEETING DATE: 05/26/2005
TICKER: KNX     SECURITY ID: 499064103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT TIMOTHY M. KOHL* AS A DIRECTOR1	Management	For	For
1.2	ELECT DONALD A. BLISS* AS A DIRECTOR1	Management	For	For
1.3	ELECT MARK SCUDDER* AS A DIRECTOR1	Management	For	For
1.4	ELECT KATHRYN L. MUNRO** AS A DIRECTOR1	Management	For	For
2	PROPOSAL TO AMEND THE COMPANY S 2003 STOCK OPTION PLAN TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK RESERVED AND AVAILABLE FOR ISSUANCE THEREUNDER FROM 1,500,000 TO 4,000,000.	Management	For	Against
3	PROPOSAL TO RATIFY DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 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: KNIGHTSBRIDGE TANKERS LIMITED MEETING DATE: 08/03/2004
TICKER: VLCCF     SECURITY ID: G5299G106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT OLA LORENTZON AS A DIRECTOR	Management	For	For
1.2	ELECT TOR OLAV TROIM AS A DIRECTOR	Management	For	For
1.3	ELECT DOUGLAS C. WOLCOTT AS A DIRECTOR	Management	For	For
1.4	ELECT DAVID M. WHITE AS A DIRECTOR	Management	For	For
1.5	ELECT TIMOTHY COUNSELL AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPOINT MOORE STEPHENS AS THE COMPANY S INDEPENDENT AUDITORS AND TO AUTHORIZE THE BOARD OF DIRECTORS TO FIX THE AUDITOR S REMUNERATION.	Management	For	For

ISSUER NAME: LANDSTAR SYSTEM, INC. MEETING DATE: 05/12/2005
TICKER: LSTR     SECURITY ID: 515098101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAVID G. BANNISTER AS A DIRECTOR	Management	For	For
1.2	ELECT JEFFREY C. CROWE AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 2005.	Management	For	For
3	TO CONSIDER APPROVAL OF AN AMENDMENT TO ARTICLE IV OF THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED SHARES OF COMMON STOCK OF THE COMPANY.	Management	For	For

ISSUER NAME: MESA AIR GROUP, INC. MEETING DATE: 02/08/2005
TICKER: MESA     SECURITY ID: 590479101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JONATHAN G. ORNSTEIN AS A DIRECTOR	Management	For	Withhold
1.2	ELECT DANIEL J. ALTOBELLO AS A DIRECTOR	Management	For	Withhold
1.3	ELECT ROBERT BELESON AS A DIRECTOR	Management	For	Withhold
1.4	ELECT RONALD R. FOGLEMAN AS A DIRECTOR	Management	For	Withhold
1.5	ELECT JOSEPH L. MANSON AS A DIRECTOR	Management	For	Withhold
1.6	ELECT MAURICE A. PARKER AS A DIRECTOR	Management	For	Withhold
1.7	ELECT JULIE SILCOCK AS A DIRECTOR	Management	For	Withhold
2	PROPOSAL TO RATIFY THE COMPANY S 2005 EMPLOYEE STOCK INCENTIVE PLAN	Management	For	Against
3	RATIFICATION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM1	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: NAVISTAR INTERNATIONAL CORPORATION MEETING DATE: 03/23/2005
TICKER: NAV     SECURITY ID: 63934E108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT EUGENIO CLARIOND AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN D. CORRENTI AS A DIRECTOR	Management	For	For
1.3	ELECT DANIEL C. USTIAN AS A DIRECTOR	Management	For	For
2	VOTE TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT AUDITOR.1	Management	For	For
3	VOTE TO APPROVE CERTAIN AMENDMENTS TO OUR 2004 PERFORMANCE INCENTIVE PLAN.	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: NAVTEQ CORPORATION MEETING DATE: 05/11/2005
TICKER: NVT     SECURITY ID: 63936L100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD J.A. DE LANGE AS A DIRECTOR	Management	For	For
1.2	ELECT CHRISTOPHER GALVIN AS A DIRECTOR	Management	For	For
1.3	ELECT JUDSON C. GREEN AS A DIRECTOR	Management	For	For
1.4	ELECT W.C.M. GROENHUYSEN AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM KIMSEY AS A DIRECTOR	Management	For	For
1.6	ELECT SCOTT D. MILLER AS A DIRECTOR	Management	For	For
1.7	ELECT DIRK-JAN VAN OMMEREN AS A DIRECTOR	Management	For	For

ISSUER NAME: NORFOLK SOUTHERN CORPORATION MEETING DATE: 05/12/2005
TICKER: NSC     SECURITY ID: 655844108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GERALD L. BALILES AS A DIRECTOR	Management	For	For
1.2	ELECT GENE R. CARTER AS A DIRECTOR	Management	For	For
1.3	ELECT CHARLES W. MOORMAN, IV AS A DIRECTOR	Management	For	For
1.4	ELECT J. PAUL REASON AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, AS AUDITORS.	Management	For	For
3	APPROVAL OF THE NORFOLK SOUTHERN CORPORATION LONG-TERM INCENTIVE PLAN, AS AMENDED.	Management	For	For
4	APPROVAL OF THE NORFOLK SOUTHERN CORPORATION EXECUTIVE MANAGEMENT INCENTIVE PLAN, AS AMENDED.	Management	For	For

ISSUER NAME: NORTHWEST AIRLINES CORPORATION MEETING DATE: 06/30/2005
TICKER: NWAC     SECURITY ID: 667280101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	DIRECTORS	Management	For	For
1.2	DIRECTORS	Management	For	For
1.3	DIRECTORS	Management	For	For
1.4	DIRECTORS	Management	For	For
1.5	DIRECTORS	Management	For	For
1.6	DIRECTORS	Management	For	For
1.7	DIRECTORS	Management	For	For
1.8	DIRECTORS	Management	For	For
1.9	DIRECTORS	Management	For	For
1.10	DIRECTORS	Management	For	For
1.11	DIRECTORS	Management	For	For
2	PROPOSAL TO APPROVE THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR 2005.1	Management	For	For
3	PROPOSAL TO APPROVE THE AMENDED AND RESTATED NORTHWEST AIRLINES CORPORATION 1999 STOCK INCENTIVE PLAN.	Management	For	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ODFJELL ASA MEETING DATE: 05/04/2005
TICKER: --     SECURITY ID: R64958110
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	OPENING OF THE AGM BY MR. B.D. ODFJELL JR., CHAIRMAN OF THE BOARD, AND REGISTRATION OF SHAREHOLDERS ATTENDING	Management	Unknown	Take No Action
2	ELECT THE CHAIRPERSON AND THE SHAREHOLDER TO SIGN THE MINUTES JOINTLY WITH THE CHAIRPERSON	Management	Unknown	Take No Action
3	APPROVE THE NOTICE OF THE MEETING AND THE AGENDA	Management	Unknown	Take No Action
4	ADOPT THE PARENT COMPANY S AND THE CONSOLIDATED PROFIT AND LOSS ACCOUNTS AND THE BALANCE SHEETS FOR THE 2004	Management	Unknown	Take No Action
5	APPROVE THE PARENT COMPANY S LOSS FOR THE YEAR	Management	Unknown	Take No Action
6	APPROVE THE DIVIDEND OF NOK 4.00 PER SHARE	Management	Unknown	Take No Action
7	APPROVE THE DIRECTORS REMUNERATION FOR THE 2004	Management	Unknown	Take No Action
8	ELECT THE DIRECTORS	Management	Unknown	Take No Action
9	GRANT AUTHORITY TO ACQUIRE TREASURY SHARES	Management	Unknown	Take No Action
10	AUTHORIZE THE BOARD TO INCREASE THE SHARE CAPITAL	Management	Unknown	Take No Action
11	APPROVE TO SPLIT THE CLASS A-SHARES AND CLASS B-SHARES INTO 2 WITH EFFECT FROM 06 MAY 2005	Management	Unknown	Take No Action
12	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED. SHOULD YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE AT ADP. THANK YOU.1	N/A	N/A	N/A
13	MULTIPLE BENEFICAL OWNER INFORMATION NOTE: MARKET RULES REQUIRE ADP TO DISCLOSE BENEFICIAL OWNER INFORMATION FOR ALL VOTED ACCOUNTS. IF AN ACCOUNT HAS MULTIPLE BENEFICIAL OWNERS, YOU WILL NEED TO PROVIDE THE BREAKDOWN OF EACH BENEFICIAL OWNER NAME, ADDRESS AND SHARE POSITION TO YOUR ADP CLIENT SERVICE REPRESENTATIVE. THIS INFORMATION IS REQUIRED IN ORDER FOR ADP TO LODGE YOUR VOTE.	N/A	N/A	N/A
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: OMI CORPORATION MEETING DATE: 05/19/2005
TICKER: OMM     SECURITY ID: Y6476W104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT BUGBEE AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES N. HOOD AS A DIRECTOR	Management	For	For
1.3	ELECT PHILIP J. SHAPIRO AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE 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: OSHKOSH TRUCK CORPORATION MEETING DATE: 02/01/2005
TICKER: OSK     SECURITY ID: 688239201
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD M. DONNELLY AS A DIRECTOR	Management	For	For
1.2	ELECT DONALD V. FITES AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD G. SIM AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE AN AMENDMENT TO THE RESTATED ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK AND CLASS A COMMON STOCK.	Management	For	Against

ISSUER NAME: OVERNITE CORPORATION MEETING DATE: 04/28/2005
TICKER: OVNT     SECURITY ID: 690322102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS N. ALLEN AS A DIRECTOR	Management	For	For
1.2	ELECT THOMAS J. DONOHUE, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT CHARLES H. FOSTER, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT PATRICK D. HANLEY AS A DIRECTOR	Management	For	For
1.5	ELECT MICHAEL D. JORDAN AS A DIRECTOR	Management	For	For
1.6	ELECT HAROLD D. MARSHALL AS A DIRECTOR	Management	For	For
1.7	ELECT GEORGE J. MATKOV, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT LEO H. SUGGS AS A DIRECTOR	Management	For	For
2	THE PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT PUBLIC ACCOUNTANTS FOR THE COMPANY FOR THE FISCAL 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: 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: PACCAR INC MEETING DATE: 04/26/2005
TICKER: PCAR     SECURITY ID: 693718108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN M. FLUKE, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT STEPHEN F. PAGE AS A DIRECTOR	Management	For	For
1.3	ELECT MICHAEL A. TEMBREULL AS A DIRECTOR	Management	For	For
2	STOCKHOLDER PROPOSAL REGARDING ANNUAL ELECTION OF THE ENTIRE BOARD OF DIRECTORS	Shareholder	Against	For
3	STOCKHOLDER PROPOSAL REGARDING DIRECTOR VOTE THRESHOLD	Shareholder	Against	Against

ISSUER NAME: PACER INTERNATIONAL, INC. MEETING DATE: 05/10/2005
TICKER: PACR     SECURITY ID: 69373H106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MARC E. BECKER AS A DIRECTOR	Management	For	For
1.2	ELECT ANDREW C. CLARKE AS A DIRECTOR	Management	For	For
1.3	ELECT JOSHUA J. HARRIS AS A DIRECTOR	Management	For	For

ISSUER NAME: PACIFIC BASIN SHIPPING LTD MEETING DATE: 06/08/2005
TICKER: --     SECURITY ID: G68437139
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	AMEND THE SHARE OPTION SCHEME AS SPECIFIED AND AUTHORIZE THE DIRECTORS OF THE COMPANY TO ALLOT, ISSUE AND DEAL WITH UP TO 88,690,742 NEW SHARES OF USD 0.10 EACH IN THE CAPITAL OF THE COMPANY SHARES TO SATISFY OPTIONS AND SHARE AWARDS GRANTED AND TO GRANTED UNDER THE LONG TERM INCENTIVE SCHEME AS SPECIFIED , THE AGGREGATE NOMINAL AMOUNT OF SHARE CAPITAL ALLOTTED OR AGREED CONDITIONALLY OR UNCONDITIONALLY TO BE ALLOTTED BY THE DIRECTORS OF THE COMPANY PURSUANT TO THIS RESOLUTION TO SATISFY SH...	Management	Unknown	Abstain

ISSUER NAME: PINNACLE AIRLINES CORP. MEETING DATE: 05/12/2005
TICKER: PNCL     SECURITY ID: 723443107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES E. MCGEHEE, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT PHILIP H. TRENARY AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT A. PEISER AS A DIRECTOR	Management	For	For

ISSUER NAME: QUALITY DISTRIBUTION, INC. MEETING DATE: 07/28/2004
TICKER: QLTY     SECURITY ID: 74756M102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS L. FINKBINER AS A DIRECTOR	Management	For	For
1.2	ELECT ANTHONY R. IGNACZAK AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD B. MARCHESE AS A DIRECTOR	Management	For	For
1.4	ELECT JOSHUA J. HARRIS AS A DIRECTOR	Management	For	For
1.5	ELECT MICHAEL D. WEINER AS A DIRECTOR	Management	For	For
1.6	ELECT MARC J. ROWAN AS A DIRECTOR	Management	For	For
1.7	ELECT MARC E. BECKER AS A DIRECTOR	Management	For	For
1.8	ELECT DONALD C. ORRIS AS A DIRECTOR	Management	For	For
1.9	ELECT ALAN H. SCHUMACHER AS A DIRECTOR	Management	For	For
1.10	ELECT ERIC L. PRESS AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF INDEPENDENT ACCOUNTANTS.	Management	For	For

ISSUER NAME: RYDER SYSTEM, INC. MEETING DATE: 05/06/2005
TICKER: R     SECURITY ID: 783549108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HANSEL E. TOOKES II AS A DIRECTOR	Management	For	For
1.2	ELECT LYNN M. MARTIN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF KPMG LLP AS AUDITORS.	Management	For	For
3	APPROVAL OF RYDER SYSTEM, INC. 2005 EQUITY COMPENSATION PLAN.	Management	For	For
4	APPROVAL OF AMENDMENT TO RYDER SYSTEM, INC. STOCK PURCHASE PLAN FOR EMPLOYEES TO INCREASE THE NUMBER OF SHARES ISSUABLE UNDER THE PLAN BY 1,000,000.	Management	For	For

ISSUER NAME: SABRE HOLDINGS CORPORATION MEETING DATE: 05/17/2005
TICKER: TSG     SECURITY ID: 785905100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL S. GILLILAND AS A DIRECTOR	Management	For	For
1.2	ELECT BOB L. MARTIN AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD L. THOMAS AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2005.1	Management	For	For
3	APPROVAL OF THE AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO DECLASSIFY THE BOARD OF DIRECTORS.	Management	For	For
4	APPROVAL OF THE AMENDMENTS TO THE CERTIFICATE OF INCORPORATION TO BETTER REFLECT CORPORATE GOVERNANCE PRACTICES AND CLARIFY EXISTING WORDING.	Management	For	For
5	APPROVAL OF THE AMENDED AND RESTATED 2005 LONG-TERM INCENTIVE PLAN.	Management	For	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SKYWEST, INC. MEETING DATE: 05/03/2005
TICKER: SKYW     SECURITY ID: 830879102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JERRY C. ATKIN AS A DIRECTOR	Management	For	For
1.2	ELECT J. RALPH ATKIN AS A DIRECTOR	Management	For	For
1.3	ELECT STEVEN F. UDVAR-HAZY AS A DIRECTOR	Management	For	For
1.4	ELECT IAN M. CUMMING AS A DIRECTOR	Management	For	For
1.5	ELECT W. STEVE ALBRECHT AS A DIRECTOR	Management	For	For
1.6	ELECT MERVYN K. COX AS A DIRECTOR	Management	For	For
1.7	ELECT SIDNEY J. ATKIN AS A DIRECTOR	Management	For	For
1.8	ELECT HYRUM W. SMITH AS A DIRECTOR	Management	For	For
1.9	ELECT ROBERT G. SARVER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS THE INDEPENDENT AUDITOR OF THE COMPANY FOR THE FISCAL 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: SOUTHWEST AIRLINES CO. MEETING DATE: 05/18/2005
TICKER: LUV     SECURITY ID: 844741108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT COLLEEN C. BARRETT AS A DIRECTOR	Management	For	For
1.2	ELECT GARY C. KELLY AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN T. MONTFORD AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL 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: STELMAR SHIPPING LTD. MEETING DATE: 11/16/2004
TICKER: SJH     SECURITY ID: V8726M103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO CONSIDER AND VOTE UPON A PROPOSAL TO APPROVE AND AUTHORIZE THE AGREEMENT AND PLAN OF MERGER, DATED SEPTEMBER 20, 2004, AMONG STELFORT III HOLDING INC. (AS ASSIGNEE OF CASTLEHILL TRADING LIMITED), STELFORT III ACQUISITION INC. (AS ASSIGNEE OF ANSBER TRADING LIMITED) AND STELMAR.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: STELMAR SHIPPING LTD. MEETING DATE: 11/16/2004
TICKER: SJH     SECURITY ID: V8726M103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO CONSIDER AND VOTE UPON A PROPOSAL TO APPROVE AND AUTHORIZE THE AGREEMENT AND PLAN OF MERGER, DATED SEPTEMBER 20, 2004, AMONG STELFORT III HOLDING INC. (AS ASSIGNEE OF CASTLEHILL TRADING LIMITED), STELFORT III ACQUISITION INC. (AS ASSIGNEE OF ANSBER TRADING LIMITED) AND STELMAR SHIPPING LTD.1	Opposition	Against	None
2	IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE SPECIAL MEETING OR ANY ADJOURNMENT OR POSTPONEMENT OF THE SPECIAL MEETING.	Opposition	For	None
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: STOLT NIELSEN S A MEETING DATE: 06/09/2005
TICKER: --     SECURITY ID: L88742108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING 240245 DUE TO ADDITIONAL RESOLUTIONS. ALL VOTES RECEIVED ON THE PREVIOUS MEETING WILL BE DISREGARDED AND YOU WILL NEED TO REINSTRUCT ON THIS MEETING NOTICE. THANK YOU.	N/A	N/A	N/A
2	APPROVE THE ANNUAL MEETING DATE	Management	Unknown	Take No Action
3	APPOINT THE STATUTORY AUDITORS	Management	Unknown	Take No Action
4	APPROVE THE FINANCIAL STATEMENTS	Management	Unknown	Take No Action
5	APPROVE THE DETERMINATION OF DIVIDENDS	Management	Unknown	Take No Action
6	GRANT DISCHARGE TO THE DIRECTORS AND THE STATUTORY AUDITORS	Management	Unknown	Take No Action
7	APPROVE TO EXTEND THE VALIDITY OF AUTHORIZED CAPITAL/SUPRESSION OF SHAREHOLDERS PREEMPTIVE RIGHTS	Management	Unknown	Take No Action
8	APPROVE THE AUTHORIZATION OF SHARE REPURCHASES	Management	Unknown	Take No Action
9	ELECT MR. JACOB STOLT-NIELSEN AS A DIRECTOR	Management	Unknown	Take No Action
10	ELECT MR. NIELS G. STOLT-NIELSEN AS A DIRECTOR	Management	Unknown	Take No Action
11	ELECT MR. ROELOF HENDRIKS AS A DIRECTOR	Management	Unknown	Take No Action
12	ELECT MR. JAMES B. HURLOCK AS A DIRECTOR	Management	Unknown	Take No Action
13	ELECT MR. CHRISTER OLSSON AS A DIRECTOR	Management	Unknown	Take No Action
14	ELECT MR. JACOB B. STOLT-NIELSEN AS A DIRECTOR	Management	Unknown	Take No Action
15	ELECT MR. CHRISTOPHER J. WRIGHT AS A DIRECTOR	Management	Unknown	Take No Action
16	ELECT THE INDEPENDENT AUDITORS AND THE STATUTORY AUDITORS	Management	Unknown	Take No Action

ISSUER NAME: SWIFT TRANSPORTATION CO., INC. MEETING DATE: 05/26/2005
TICKER: SWFT     SECURITY ID: 870756103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT KARL ELLER AS A DIRECTOR	Management	For	For
1.2	ELECT PAUL M. MECRAY, III AS A DIRECTOR	Management	For	For
1.3	ELECT KAREN E. RASMUSSEN AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT W. CUNNINGHAM AS A DIRECTOR	Management	For	For
2	APPROVAL OF ADOPTION OF 2005 NON-EMPLOYEE DIRECTOR STOCK OPTION PLAN	Management	For	Against
3	RATIFICATION OF SELECTION OF KPMG LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR FISCAL YEAR 2005	Management	For	For

ISSUER NAME: TEEKAY SHIPPING CORPORATION MEETING DATE: 06/01/2005
TICKER: TK     SECURITY ID: Y8564W103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS KUO-YUEN HSU AS A DIRECTOR	Management	For	For
1.2	ELECT AXEL KARLSHOEJ AS A DIRECTOR	Management	For	For
1.3	ELECT BJORN MOLLER AS A DIRECTOR	Management	For	For
2	RATIFY THE SELECTION OF ERNST & YOUNG LLP, CHARTERED ACCOUNTANTS, AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL 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: TOP TANKERS, INC. MEETING DATE: 06/30/2005
TICKER: TOPT     SECURITY ID: Y8897Y107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL G. DOCHERTY AS A DIRECTOR	Management	For	None
1.2	ELECT ROY GIBBS AS A DIRECTOR	Management	For	None
2	AMENDMENT OF THE ARTICLES OF INCORPORATION TO INCREASE THE AUTHORIZED COMMON STOCK TO 100,000,000 SHARES OF COMMON STOCK.	Management	For	None

ISSUER NAME: TRINITY INDUSTRIES, INC. MEETING DATE: 05/09/2005
TICKER: TRN     SECURITY ID: 896522109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAVID W. BIEGLER AS A DIRECTOR	Management	For	For
1.2	ELECT CRAIG J. DUCHOSSOIS AS A DIRECTOR	Management	For	For
1.3	ELECT RONALD J. GAFFORD AS A DIRECTOR	Management	For	For
1.4	ELECT BARRY J. GALT AS A DIRECTOR	Management	For	For
1.5	ELECT CLIFFORD J. GRUM AS A DIRECTOR	Management	For	For
1.6	ELECT JESS T. HAY AS A DIRECTOR	Management	For	For
1.7	ELECT DIANA S. NATALICIO AS A DIRECTOR	Management	For	For
1.8	ELECT TIMOTHY R. WALLACE AS A DIRECTOR	Management	For	For
2	TO APPROVE RATIFICATION OF ERNST & YOUNG AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 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: TRW AUTOMOTIVE HOLDINGS CORP. MEETING DATE: 05/13/2005
TICKER: TRW     SECURITY ID: 87264S106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOSHUA H. ASTROF AS A DIRECTOR	Management	For	For
1.2	ELECT FRANCOIS J. CASTAING AS A DIRECTOR	Management	For	For
1.3	ELECT PAUL H. O'NEILL AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF ERNST & YOUNG LLP AS INDEPENDENT PUBLIC ACCOUNTANTS TO AUDIT THE CONSOLIDATED FINANCIAL STATEMENTS OF TRW AUTOMOTIVE HOLDINGS CORP. 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: TSAKOS ENERGY NAVIGATION LTD MEETING DATE: 05/25/2005
TICKER: TNP     SECURITY ID: G9108L108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MR. T. JANHOLT AS A DIRECTOR	Management	For	None
1.2	ELECT MR. M. JOLLIFFE AS A DIRECTOR	Management	For	None
1.3	ELECT MR. A. PLAKOPITAS AS A DIRECTOR	Management	For	None
2	APPROVAL OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2004, TOGETHER WITH THE AUDITORS REPORT.	Management	For	None
3	RATIFICATION OF ERNST & YOUNG, ATHENS AS AUDITORS.1	Management	For	None
4	INCREASE OF THE AUTHORIZED SHARE CAPITAL OF THE COMPANY.	Management	For	None
5	AUTHORIZATION OF THE REMUNERATION OF DIRECTORS.	Management	For	None
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: UNION PACIFIC CORPORATION MEETING DATE: 05/05/2005
TICKER: UNP     SECURITY ID: 907818108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT P.F. ANSCHUTZ AS A DIRECTOR	Management	For	For
1.2	ELECT E.B. DAVIS, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT R.K. DAVIDSON AS A DIRECTOR	Management	For	For
1.4	ELECT T.J. DONOHUE AS A DIRECTOR	Management	For	For
1.5	ELECT A.W. DUNHAM AS A DIRECTOR	Management	For	For
1.6	ELECT S.F. ECCLES AS A DIRECTOR	Management	For	For
1.7	ELECT J.R. HOPE AS A DIRECTOR	Management	For	For
1.8	ELECT M.W. MCCONNELL AS A DIRECTOR	Management	For	For
1.9	ELECT S.R. ROGEL AS A DIRECTOR	Management	For	For
1.10	ELECT J.R. YOUNG AS A DIRECTOR	Management	For	For
1.11	ELECT E. ZEDILLO AS A DIRECTOR	Management	For	For
2	ADOPT THE UNION PACIFIC CORPORATION EXECUTIVE INCENTIVE PLAN.	Management	For	For
3	RATIFY APPOINTMENT OF DELOITTE & TOUCHE AS INDEPENDENT AUDITORS.1	Management	For	For
4	SHAREHOLDER PROPOSAL REGARDING A RESTRICTED SHARE GRANT PROGRAM.	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: UNITED PARCEL SERVICE, INC. MEETING DATE: 05/05/2005
TICKER: UPS     SECURITY ID: 911312106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN J. BEYSTEHNER AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL L. ESKEW AS A DIRECTOR	Management	For	For
1.3	ELECT JAMES P. KELLY AS A DIRECTOR	Management	For	For
1.4	ELECT ANN M. LIVERMORE AS A DIRECTOR	Management	For	For
1.5	ELECT GARY E. MACDOUGAL AS A DIRECTOR	Management	For	For
1.6	ELECT VICTOR A. PELSON AS A DIRECTOR	Management	For	For
1.7	ELECT LEA N. SOUPATA AS A DIRECTOR	Management	For	For
1.8	ELECT JOHN W. THOMPSON AS A DIRECTOR	Management	For	For
1.9	ELECT CAROL B. TOME AS A DIRECTOR	Management	For	For
1.10	ELECT BEN VERWAAYEN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS UPS S AUDITORS 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: USF CORPORATION MEETING DATE: 05/23/2005
TICKER: USFC     SECURITY ID: 91729Q101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO ADOPT THE AGREEMENT AND PLAN OF MERGER, DATED AS OF FEBRUARY 27, 2005, AND AMENDED AS OF MAY 1, 2005, BY AND AMONG YELLOW ROADWAY CORPORATION, YANKEE II LLC AND USF CORPORATION (THE MERGER AGREEMENT ).1	Management	For	For
2	TO APPROVE ADJOURNMENTS OR POSTPONEMENTS OF THE SPECIAL MEETING OF STOCKHOLDERS OF USF CORPORATION (THE SPECIAL MEETING ), IF NECESSARY, TO PERMIT FURTHER SOLICITATION OF PROXIES IF THERE ARE NOT SUFFICIENT VOTES AT THE TIME OF THE SPECIAL MEETING TO APPROVE THE ABOVE PROPOSAL.1	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: UTI WORLDWIDE INC. MEETING DATE: 06/13/2005
TICKER: UTIW     SECURITY ID: G87210103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LEON J. LEVEL AS A DIRECTOR	Management	For	For
1.2	ELECT J. SIMON STUBBINGS AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS OF THE COMPANY.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: WABASH NATIONAL CORPORATION MEETING DATE: 05/12/2005
TICKER: WNC     SECURITY ID: 929566107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAVID C. BURDAKIN AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM P. GREUBEL AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN T. HACKETT AS A DIRECTOR	Management	For	For
1.4	ELECT MARTIN C. JISCHKE AS A DIRECTOR	Management	For	For
1.5	ELECT STEPHANIE K. KUSHNER AS A DIRECTOR	Management	For	For
1.6	ELECT LARRY J. MAGEE AS A DIRECTOR	Management	For	For
1.7	ELECT SCOTT K. SORENSEN AS A DIRECTOR	Management	For	For
1.8	ELECT RONALD L. STEWART AS A DIRECTOR	Management	For	For

ISSUER NAME: WERNER ENTERPRISES, INC. MEETING DATE: 05/10/2005
TICKER: WERN     SECURITY ID: 950755108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GARY L. WERNER AS A DIRECTOR	Management	For	For
1.2	ELECT GREGORY L. WERNER AS A DIRECTOR	Management	For	For
1.3	ELECT MICHAEL L. STEINBACH AS A DIRECTOR	Management	For	For
2	TO AMEND ARTICLE X OF THE ARTICLES OF INCORPORATION REGARDING THE NUMBER OF CLASSES OF DIRECTORS AND THE NUMBER OF DIRECTORS IN EACH CLASS.	Management	For	Against
3	STOCKHOLDER PROPOSAL - BOARD DIVERSITY RESOLUTION.	Shareholder	Against	Against

ISSUER NAME: WESTJET AIRLINES LTD MEETING DATE: 04/27/2005
TICKER: --     SECURITY ID: 960410108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE AND APPROVE THE FINANCIAL STATEMENTS OF THE CORPORATION FOR THE YE 31DEC 2004, THE AUDITORS REPORT THEREON AND THE REPORT OF THE BOARD OF DIRECTORS	N/A	N/A	N/A
2	APPROVE TO FIX THE NUMBER OF DIRECTORS TO BE ELECTED AT THE MEETING AT 9	Management	Unknown	For
3	ELECT MR. CLIVE J. BEDDOE AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
4	ELECT MR. THOMAS (TIM) W. MORGAN AS A DIRECTOR OF THE COMPANY1	Management	Unknown	For
5	ELECT MR. JAMES HOMENIUK AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
6	ELECT MR. RONALD G. GREENE AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
7	ELECT MR. WILMOT L. MATTHEWS AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
8	ELECT MR. MURPH N. HANNON AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
9	ELECT MR. L.M. (LARRY) POLLOCK AS A DIRECTOR OF THE COMPANY1	Management	Unknown	For
10	ELECT MR. DONALD MACDONALD AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
11	ELECT MR. ALLAN JACKSON AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
12	APPOINT KPMG LLP, CHARTERED ACCOUNTS, ALBERTA, AS THE AUDITORS OF THE CORPORATION FOR THE ENSUING YEAR AND AUTHORIZE THE DIRECTORS OF THE CORPORATION TO FIX THEIR REMUNERATION	Management	Unknown	For
13	AMEND THE 2003 THE WESTJET STOCK OPTION PLAN BY CHANGING THE MAXIMUM NUMBER OF COMMON SHARES WHICH MAY BE ISSUED UNDER THE PLAN TO 5,523,026 COMMON SHARES; AND AUTHORIZE ANY SINGLE OFFICER OR DIRECTOR OF THE CORPORATION AND INSTRUCTED TO EXECUTE ALL SUCH INSTRUMENTS AND CARRY OUT ALL SUCH ACTS AS ARE NECESSARY TO GIVE EFFECT TO THIS RESOLUTION	Management	Unknown	For
14	APPROVE THE 2005 SHARE OPTION PLAN IN SUBSTITUTION FOR THE CORPORATION S 2004SHARE OPTION PLAN; AND AUTHORIZE ANY OFFICER OR DIRECTOR OF THE CORPORATION AND DIRECTED TO EXECUTE, DELIVER AND FILE ALL SUCH DOCUMENTS AND OTHER INSTRUMENTS AND TO OTHERWISE DO AND PERFORM ALL SUCH ACTS AND THINGS AS ARE PERSONALLY DETERMINED TO BE NECESSARY OR DESIRABLE FOR THE IMPLEMENTATION OF THIS RESOLUTION	Management	Unknown	For
15	AMEND, PURSUANT TO SUBSECTION 173(1)(L) OF THE BUSINESS CORPORATIONS ACT (ALBERTA) THAT: THE ARTICLES OF INCORPORATION OF THE CORPORATION BY THE INCREASE OF THE MAXIMUM NUMBER OF DIRECTORS TO 13 THIRTEEN ; AUTHORIZE THE DIRECTORS OF THE CORPORATION TO REVOKE THIS RESOLUTION BEFORE IT IS ACTED ON WITHOUT FURTHER APPROVAL OF THE SHAREHOLDERS AND AUTHORIZE ANY SINGLE OFFICER OR THE DIRECTOR OF THE CORPORATION AND INSTRUCTED TO EXECUTE ALL SUCH INSTRUMENTS AND CARRY OUT ALL SUCH ACTS AS ARE NECESSA...1	Management	Unknown	For
16	TRANSACT ANY OTHER BUSINESS	N/A	N/A	N/A
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: YELLOW ROADWAY CORPORATION MEETING DATE: 05/19/2005
TICKER: YELL     SECURITY ID: 985577105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CASSANDRA C. CARR AS A DIRECTOR	Management	For	For
1.2	ELECT HOWARD M. DEAN AS A DIRECTOR	Management	For	For
1.3	ELECT FRANK P. DOYLE AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN F. FIEDLER AS A DIRECTOR	Management	For	For
1.5	ELECT DENNIS E. FOSTER AS A DIRECTOR	Management	For	For
1.6	ELECT JOHN C. MCKELVEY AS A DIRECTOR	Management	For	For
1.7	ELECT PHILLIP J. MEEK AS A DIRECTOR	Management	For	For
1.8	ELECT WILLIAM L. TRUBECK AS A DIRECTOR	Management	For	For
1.9	ELECT CARL W. VOGT AS A DIRECTOR	Management	For	For
1.10	ELECT WILLIAM D. ZOLLARS AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS INDEPENDENT PUBLIC ACCOUNTANTS OF THE COMPANY FOR 2005.	Management	For	For