FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

INVESTMENT COMPANY ACT FILE NUMBER: 811-03114

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

Fund Name: Select Construction and Housing Portfolio

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

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

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

DATE OF FISCAL YEAR END: FEBRUARY 29

DATE OF REPORTING PERIOD: 06/30/2004

SIGNATURES

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

Fidelity Select Portfolios

BY:  /s/ CHRISTINE REYNOLDS
-----------------------------------------------------
CHRISTINE REYNOLDS, TREASURER, FIDELITY MANAGEMENT & RESEARCH COMPANY
DATE: 08/26/2004 12:44:11 PM

EXHIBIT A

VOTE SUMMARY REPORT
Select Construction and Housing Portfolio
07/01/2003 - 06/30/2004

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

ISSUER NAME: A.O. SMITH CORPORATION MEETING DATE: 04/05/2004
TICKER: AOS     SECURITY ID: 831865209
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM F. BUEHLER AS A DIRECTOR	Management	For	For
1.2	ELECT KATHLEEN J. HEMPEL AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE THE RATIFICATION OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITORS OF THE CORPORATION.	Management	For	For

ISSUER NAME: APPLICA INCORPORATED MEETING DATE: 05/11/2004
TICKER: APN     SECURITY ID: 03815A106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LEONARD GLAZER AS A DIRECTOR	Management	For	For
1.2	ELECT LAI KIN AS A DIRECTOR	Management	For	For
1.3	ELECT PAUL K. SUGRUE AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE REAPPOINTMENT OF GRANT THORNTON LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR THE YEAR ENDED DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: ASTEC INDUSTRIES, INC. MEETING DATE: 04/27/2004
TICKER: ASTE     SECURITY ID: 046224101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT J. DON BROCK AS A DIRECTOR	Management	For	For
1.2	ELECT ALBERT E. GUTH AS A DIRECTOR	Management	For	For
1.3	ELECT W. NORMAN SMITH AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM B. SANSOM AS A DIRECTOR	Management	For	For
2	TO VOTE FOR THE ELECTION AS DIRECTOR OF THE COMPANY IN CLASS II OF THE NOMINEE SET FORTH BELOW TO SERVE UNTIL THE 2006 ANNUAL MEETING OF SHAREHOLDERS, OR UNTIL HIS SUCCESSOR IS DULY ELECTED AND QUALIFIED, AS SET FORTH IN THE ACCOMPANYING PROXY STATEMENT: DOUGLAS MOFFAT	Management	For	For
3	TO VOTE IN ACCORDANCE WITH THEIR BEST JUDGMENT UPON SUCH OTHER MATTERS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENTS THEREOF.	Management	For	Abstain

ISSUER NAME: BEAZER HOMES USA, INC. MEETING DATE: 02/10/2004
TICKER: BZH     SECURITY ID: 07556Q105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LAURENT ALPERT AS A DIRECTOR	Management	For	For
1.2	ELECT KATIE J. BAYNE AS A DIRECTOR	Management	For	For
1.3	ELECT BRIAN C. BEAZER AS A DIRECTOR	Management	For	For
1.4	ELECT IAN J. MCCARTHY AS A DIRECTOR	Management	For	For
1.5	ELECT MAUREEN E. O'CONNELL AS A DIRECTOR	Management	For	For
1.6	ELECT LARRY T. SOLARI AS A DIRECTOR	Management	For	For
1.7	ELECT STEPHEN P. ZELNAK, JR. AS A DIRECTOR	Management	For	For
2	PROPOSAL TO AMEND THE AMENDED AND RESTATED 1999 STOCK INCENTIVE PLAN.	Management	For	For

ISSUER NAME: CATERPILLAR INC. MEETING DATE: 04/14/2004
TICKER: CAT     SECURITY ID: 149123101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN T. DILLON AS A DIRECTOR	Management	For	For
1.2	ELECT JUAN GALLARDO AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM A. OSBORN AS A DIRECTOR	Management	For	For
1.4	ELECT GORDON R. PARKER AS A DIRECTOR	Management	For	For
1.5	ELECT EDWARD B. RUST, JR. AS A DIRECTOR	Management	For	For
2	AMEND OPTION PLAN	Management	For	Against
3	RATIFY AUDITORS	Management	For	For
4	STOCKHOLDER PROPOSAL - RIGHTS PLAN	Shareholder	Against	For
5	STOCKHOLDER PROPOSAL - SALE OF EQUIPMENT TO ISRAEL	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL - HIV/AIDS	Shareholder	Against	Against

ISSUER NAME: CAVCO INDUSTRIES, INC. MEETING DATE: 06/22/2004
TICKER: CVCO     SECURITY ID: 149568107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF JACQUELINE DOUT AS A DIRECTOR TO SERVE UNTIL THE ANNUAL MEETING OF STOCKHOLDERS IN 2007.	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITOR FOR FISCAL YEAR 2005.	Management	For	For

ISSUER NAME: CENTEX CONSTRUCTION PRODUCTS, INC. MEETING DATE: 07/21/2003
TICKER: CXP     SECURITY ID: 15231R109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT F. WILLIAM BARNETT AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT L. CLARKE AS A DIRECTOR	Management	For	For
1.3	ELECT TIMOTHY R. ELLER AS A DIRECTOR	Management	For	For
1.4	ELECT LAURENCE E. HIRSCH AS A DIRECTOR	Management	For	For
1.5	ELECT MICHAEL R. NICOLAIS AS A DIRECTOR	Management	For	For
1.6	ELECT DAVID W. QUINN AS A DIRECTOR	Management	For	For

ISSUER NAME: CENTEX CONSTRUCTION PRODUCTS, INC. MEETING DATE: 01/08/2004
TICKER: CXP     SECURITY ID: 15231R109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVAL OF RECLASSIFICATION PROPOSAL	Management	For	For
2	APPROVAL OF STAGGERED BOARD PROPOSAL (THIS PROPOSAL IS CONDITIONED ON THE APPROVAL OF PROPOSAL 1)	Management	For	Against
3	APPROVAL OF WRITTEN CONSENT PROPOSAL (THIS PROPOSAL IS CONDITIONED ON THE APPROVAL OF PROPOSAL 1)	Management	For	Against
4	APPROVAL OF SPECIAL MEETING PROPOSAL (THIS PROPOSAL IS CONDITIONED ON THE APPROVAL OF PROPOSAL 1)	Management	For	Against
5	APPROVAL OF SUPERMAJORITY VOTING PROPOSAL (THIS PROPOSAL IS CONDITIONED ON THE APPROVAL OF PROPOSAL 1)	Management	For	Against
6	APPROVAL OF AUTHORIZED CAPITAL INCREASE PROPOSAL (THIS PROPOSAL IS CONDITIONED ON THE APPROVAL OF PROPOSAL 1)	Management	For	For
7	APPROVAL OF NAME CHANGE PROPOSAL (THIS PROPOSAL IS CONDITIONED ON THE APPROVAL OF PROPOSAL 1)	Management	For	For
8	APPROVAL OF STOCKHOLDERS RIGHTS PLAN PROPOSAL (THIS PROPOSAL IS CONDITIONED ON THE APPROVAL OF PROPOSAL 1)	Management	For	Against
9	APPROVAL OF INCENTIVE PLAN PROPOSAL	Management	For	For

ISSUER NAME: CENTEX CORP./3333 HOLDING CORP. MEETING DATE: 07/17/2003
TICKER: CTX     SECURITY ID: 152312104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAN W. COOK III* AS A DIRECTOR	Management	For	For
1.2	ELECT THOMAS J. FALK* AS A DIRECTOR	Management	For	For
1.3	ELECT LAURENCE E. HIRSCH* AS A DIRECTOR	Management	For	For
1.4	ELECT THOMAS M. SCHOEWE* AS A DIRECTOR	Management	For	For
1.5	ELECT JOSIAH O. LOW, III** AS A DIRECTOR	Management	For	For
1.6	ELECT DAVID M. SHERER** AS A DIRECTOR	Management	For	For
1.7	ELECT STEPHEN M. WEINBERG** AS A DIRECTOR	Management	For	For
1.8	ELECT ROGER O. WEST** AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE 2003 ANNUAL INCENTIVE COMPENSATION PLAN.*	Management	For	For
3	APPROVAL OF THE CENTEX CORPORATION 2003 EQUITY INCENTIVE PLAN.*	Management	For	Against
4	RATIFICATION OF THE APPOINTMENT OF INDEPENDENT AUDITOR FOR 2004.*	Management	For	For
5	RATIFICATION OF THE APPOINTMENT OF INDEPENDENT AUDITOR FOR 2004.**	Management	For	For

ISSUER NAME: CENTEX CORP./3333 HOLDING CORP. MEETING DATE: 02/25/2004
TICKER: CTX     SECURITY ID: 152312104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVAL TO AMEND THE RESTATED ARTICLES OF INCORPORATION.*	Management	For	For
2	APPROVAL TO TERMINATE THE NOMINEE AGREEMENT.*	Management	For	For
3	APPROVAL OF THE TRANSACTION, INCLUDING APPROVAL OF THE RELATED MERGER AGREEMENT FOR THE HOLDER MERGER.**	Management	For	For

ISSUER NAME: COUNTRYWIDE FINANCIAL CORPORATION MEETING DATE: 01/09/2004
TICKER: CFC     SECURITY ID: 222372104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE THE PROPOSAL TO AMEND THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED COMMON STOCK.	Management	For	For

ISSUER NAME: COUNTRYWIDE FINANCIAL CORPORATION MEETING DATE: 06/16/2004
TICKER: CFC     SECURITY ID: 222372104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HENRY G. CISNEROS AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT J. DONATO AS A DIRECTOR	Management	For	For
1.3	ELECT MICHAEL E. DOUGHERTY AS A DIRECTOR	Management	For	For
1.4	ELECT MARTIN R. MELONE AS A DIRECTOR	Management	For	For
1.5	ELECT HARLEY W. SNYDER AS A DIRECTOR	Management	For	For
2	TO APPROVE AND AMEND THE COMPANY S 2000 EQUITY INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: CRANE CO. MEETING DATE: 04/26/2004
TICKER: CR     SECURITY ID: 224399105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT K.E. DYKSTRA AS A DIRECTOR	Management	For	For
1.2	ELECT R.S. FORTE AS A DIRECTOR	Management	For	For
1.3	ELECT W.E. LIPNER AS A DIRECTOR	Management	For	For
1.4	ELECT J.L.L. TULLIS AS A DIRECTOR	Management	For	For
2	APPROVAL OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE COMPANY FOR 2004.	Management	For	For
3	APPROVAL OF THE 2004 STOCK INCENTIVE PLAN.	Management	For	Against
4	APPROVAL OF THE CORPORATE EVA INCENTIVE COMPENSATION PLAN.	Management	For	For
5	SHAREHOLDER PROPOSAL REGARDING MACBRIDE PRINCIPLES.	Shareholder	Against	Against

ISSUER NAME: CUMMINS INC. MEETING DATE: 04/06/2004
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 WILLIAM D. RUCKELSHAUS AS A DIRECTOR	Management	For	For
1.6	ELECT THEODORE M. SOLSO AS A DIRECTOR	Management	For	For
1.7	ELECT J. LAWRENCE WILSON AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS AUDITORS FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: D.R. HORTON, INC. MEETING DATE: 01/29/2004
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 TO THE D.R. HORTON, INC. 2000 INCENTIVE BONUS PLAN	Management	For	For
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: DANAHER CORPORATION MEETING DATE: 05/04/2004
TICKER: DHR     SECURITY ID: 235851102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MR. STEVEN M. RALES AS A DIRECTOR	Management	For	For
1.2	ELECT MR. JOHN T. SCHWIETERS AS A DIRECTOR	Management	For	For
1.3	ELECT MR. ALAN G. SPOON AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For
3	TO APPROVE THE AMENDED AND RESTATED DANAHER CORPORATION 1998 STOCK OPTION PLAN.	Management	For	Against
4	TO ACT UPON A SHAREHOLDER PROPOSAL REGARDING INCLUSION OF LANGUAGE ON BOARD DIVERSITY IN THE CHARTER OF THE NOMINATING AND GOVERNANCE COMMITTEE.	Shareholder	Against	Against

ISSUER NAME: DORAL FINANCIAL CORPORATION MEETING DATE: 04/21/2004
TICKER: DRL     SECURITY ID: 25811P100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD F. BONINI AS A DIRECTOR	Management	For	For
1.2	ELECT EDGAR M. CULLMAN, JR AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN L. ERNST AS A DIRECTOR	Management	For	For
1.4	ELECT PETER A. HOFFMAN AS A DIRECTOR	Management	For	For
1.5	ELECT EFRAIM KIER AS A DIRECTOR	Management	For	For
1.6	ELECT SALOMON LEVIS AS A DIRECTOR	Management	For	For
1.7	ELECT ZOILA LEVIS AS A DIRECTOR	Management	For	For
1.8	ELECT HAROLD D. VICENTE AS A DIRECTOR	Management	For	For
1.9	ELECT JOHN B. HUGHES AS A DIRECTOR	Management	For	For
2	AMENDMENT TO RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK.	Management	For	For
3	AMENDMENT TO RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF SERIAL PREFERRED STOCK.	Management	For	For
4	ADOPTION OF DORAL FINANCIAL CORPORATION OMNIBUS INCENTIVE PLAN.	Management	For	For
5	APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS.	Management	For	For

ISSUER NAME: EMCOR GROUP, INC. MEETING DATE: 06/10/2004
TICKER: EME     SECURITY ID: 29084Q100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT F. MACINNIS AS A DIRECTOR	Management	For	For
1.2	ELECT S. BERSHAD AS A DIRECTOR	Management	For	For
1.3	ELECT D. BROWN AS A DIRECTOR	Management	For	For
1.4	ELECT L. BUMP AS A DIRECTOR	Management	For	For
1.5	ELECT A. FRIED AS A DIRECTOR	Management	For	For
1.6	ELECT R. HAMM AS A DIRECTOR	Management	For	For
1.7	ELECT M. YONKER AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS.	Management	For	For

ISSUER NAME: FANNIE MAE MEETING DATE: 05/25/2004
TICKER: FNM     SECURITY ID: 313586109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT S.B. ASHLEY AS A DIRECTOR	Management	For	For
1.2	ELECT K.M. DUBERSTEIN AS A DIRECTOR	Management	For	For
1.3	ELECT T.P. GERRITY AS A DIRECTOR	Management	For	For
1.4	ELECT T. HOWARD AS A DIRECTOR	Management	For	For
1.5	ELECT A. KOROLOGOS AS A DIRECTOR	Management	For	For
1.6	ELECT F.V. MALEK AS A DIRECTOR	Management	For	For
1.7	ELECT D.B. MARRON AS A DIRECTOR	Management	For	For
1.8	ELECT D.H. MUDD AS A DIRECTOR	Management	For	For
1.9	ELECT A.M. MULCAHY AS A DIRECTOR	Management	For	For
1.10	ELECT J.K. PICKETT AS A DIRECTOR	Management	For	For
1.11	ELECT L. RAHL AS A DIRECTOR	Management	For	For
1.12	ELECT F.D. RAINES AS A DIRECTOR	Management	For	For
1.13	ELECT H.P. SWYGERT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF AUDITORS	Management	For	For
3	APPROVAL OF AN AMENDMENT TO THE FANNIE MAE EMPLOYEE STOCK PURCHASE PLAN	Management	For	For
4	STOCKHOLDER PROPOSAL TO REINSTATE CUMULATIVE VOTING	Shareholder	Against	Against

ISSUER NAME: FIDELITY CASH CENTRAL FUND MEETING DATE: 04/14/2004
TICKER: --     SECURITY ID: 31635A105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO AMEND THE TRUST INSTRUMENT TO ALLOW THE BOARD OF TRUSTEES, IF PERMITTED BY APPLICABLE LAW, TO AUTHORIZE FUND MERGERS WITHOUT SHAREHOLDER APPROVAL.	Management	For	For
2.1	ELECT J. MICHAEL COOK AS A DIRECTOR	Management	For	For
2.2	ELECT RALPH F. COX AS A DIRECTOR	Management	For	For
2.3	ELECT LAURA B. CRONIN AS A DIRECTOR	Management	For	For
2.4	ELECT ROBERT M. GATES AS A DIRECTOR	Management	For	For
2.5	ELECT GEORGE H. HEILMEIER AS A DIRECTOR	Management	For	For
2.6	ELECT ABIGAIL P. JOHNSON AS A DIRECTOR	Management	For	For
2.7	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	For
2.8	ELECT DONALD J. KIRK AS A DIRECTOR	Management	For	For
2.9	ELECT MARIE L. KNOWLES AS A DIRECTOR	Management	For	For
2.10	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	For
2.11	ELECT MARVIN L. MANN AS A DIRECTOR	Management	For	For
2.12	ELECT WILLIAM O. MCCOY AS A DIRECTOR	Management	For	For
2.13	ELECT ROBERT L. REYNOLDS AS A DIRECTOR	Management	For	For
2.14	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	For

ISSUER NAME: FIDELITY SECURITIES LENDING CASH CENTRAL FUND MEETING DATE: 04/14/2004
TICKER: --     SECURITY ID: 31635A303
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO AMEND THE DECLARATION OF TRUST TO ALLOW THE BOARD OF TRUSTEES, IF PERMITTED BY APPLICABLE LAW, TO AUTHORIZE FUND MERGERS WITHOUT SHAREHOLDER APPROVAL.	Management	For	For
2.1	ELECT J. MICHAEL COOK AS A DIRECTOR	Management	For	For
2.2	ELECT RALPH F. COX AS A DIRECTOR	Management	For	For
2.3	ELECT LAURA B. CRONIN AS A DIRECTOR	Management	For	For
2.4	ELECT ROBERT M. GATES AS A DIRECTOR	Management	For	For
2.5	ELECT GEORGE H. HEILMEIER AS A DIRECTOR	Management	For	For
2.6	ELECT ABIGAIL P. JOHNSON AS A DIRECTOR	Management	For	For
2.7	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	For
2.8	ELECT DONALD J. KIRK AS A DIRECTOR	Management	For	For
2.9	ELECT MARIE L. KNOWLES AS A DIRECTOR	Management	For	For
2.10	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	For
2.11	ELECT MARVIN L. MANN AS A DIRECTOR	Management	For	For
2.12	ELECT WILLIAM O. MCCOY AS A DIRECTOR	Management	For	For
2.13	ELECT ROBERT L. REYNOLDS AS A DIRECTOR	Management	For	For
2.14	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	For

ISSUER NAME: FLORIDA ROCK INDUSTRIES, INC. MEETING DATE: 02/04/2004
TICKER: FRK     SECURITY ID: 341140101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMPSON S. BAKER II* AS A DIRECTOR	Management	For	For
1.2	ELECT LUKE E. FICHTHORN III* AS A DIRECTOR	Management	For	For
1.3	ELECT TILLIE K. FOWLER* AS A DIRECTOR	Management	For	For
1.4	ELECT FRANCIS X. KNOTT* AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM H. WALTON III** AS A DIRECTOR	Management	For	For

ISSUER NAME: FLUOR CORPORATION MEETING DATE: 04/28/2004
TICKER: FLR     SECURITY ID: 343412102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES T. HACKETT AS A DIRECTOR	Management	For	For
1.2	ELECT KENT KRESA AS A DIRECTOR	Management	For	For
1.3	ELECT ROBIN W. RENWICK AS A DIRECTOR	Management	For	For
1.4	ELECT MARTHA R. SEGER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS AUDITORS FOR 2004.	Management	For	For
3	APPROVAL OF AMENDMENTS TO FLUOR CORPORATION 2000 RESTRICTED STOCK PLAN FOR NON-EMPLOYEE DIRECTORS.	Management	For	For

ISSUER NAME: FORTUNE BRANDS, INC. MEETING DATE: 04/27/2004
TICKER: FO     SECURITY ID: 349631101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ANNE M. TATLOCK AS A DIRECTOR	Management	For	For
1.2	ELECT NORMAN H. WESLEY AS A DIRECTOR	Management	For	For
1.3	ELECT PETER M. WILSON AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT AUDITORS FOR 2004.	Management	For	For
3	STOCKHOLDER PROPOSAL ENTITLED SHAREHOLDER VOTE ON POISON PILLS TO ADOPT THE FOLLOWING RESOLUTION: THE SHAREHOLDERS OF OUR COMPANY REQUEST THAT OUR BOARD OF DIRECTORS SEEK SHAREHOLDER APPROVAL AT THE EARLIEST SUBSEQUENT SHAREHOLDER ELECTION, FOR THE ADOPTION, MAINTENANCE OR EXTENSION OF ANY CURRENT OR FUTURE POISON PILL.	Shareholder	Against	For

ISSUER NAME: GRANITE CONSTRUCTION INCORPORATED MEETING DATE: 05/24/2004
TICKER: GVA     SECURITY ID: 387328107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT REBECCA A. MCDONALD AS A DIRECTOR	Management	For	For
1.2	ELECT GEORGE B. SEARLE AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM G. DOREY AS A DIRECTOR	Management	For	For
2	TO APPROVE GRANITE S 1999 EQUITY INCENTIVE PLAN, IN ORDER TO (1) EXTEND THE TERM OF THE PLAN FOR AN ADDITIONAL TEN YEARS ENDING MAY 24, 2014; (2) INCREASE BY 500,000 THE NUMBER OF SHARES OF COMMON STOCK; (3) AUTHORIZE THE ISSUANCE OF RESTRICTED STOCK UNITS AND (4) PRESERVE OUR ABILITY TO DEDUCT IN FULL CERTAIN PLAN-RELATED COMPENSATION UNDER SECTION 162(M).	Management	For	Against
3	TO VOTE ON THE STOCKHOLDER PROPOSAL, IF PROPERLY PRESENTED AT THE MEETING, REQUIRING AN INDEPENDENT DIRECTOR WHO HAS NOT SERVED AS CHIEF EXECUTIVE OFFICER OF GRANITE TO SERVE AS GRANITE S CHAIRMAN OF THE BOARD.	Shareholder	Against	Against
4	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS GRANITE S INDEPENDENT AUDITOR FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: GRIFFON CORPORATION MEETING DATE: 02/05/2004
TICKER: GFF     SECURITY ID: 398433102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HENRY A. ALPERT AS A DIRECTOR	Management	For	For
1.2	ELECT ABRAHAM M. BUCHMAN AS A DIRECTOR	Management	For	For
1.3	ELECT CLARENCE A. HILL AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM H. WALDORF AS A DIRECTOR	Management	For	For

ISSUER NAME: HON INDUSTRIES INC. MEETING DATE: 05/04/2004
TICKER: HNI     SECURITY ID: 438092108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN A. HALBROOK AS A DIRECTOR	Management	For	For
1.2	ELECT DENNIS J. MARTIN AS A DIRECTOR	Management	For	For
1.3	ELECT JACK D. MICHAELS AS A DIRECTOR	Management	For	For
1.4	ELECT ABBIE J. SMITH AS A DIRECTOR	Management	For	For
2	CHANGE THE CORPORATION S NAME TO HNI CORPORATION BY AMENDING SECTION 1.01 OF THE CORPORATION S ARTICLES OF INCORPORATION.	Management	For	For
3	UPDATE ANTI-TAKEOVER PROVISIONS OF THE CORPORATION S ARTICLES OF INCORPORATION TO BE MORE CONSISTENT WITH CURRENT IOWA LAW.	Management	For	For

ISSUER NAME: HOVNANIAN ENTERPRISES, INC. MEETING DATE: 03/05/2004
TICKER: HOV     SECURITY ID: 442487203
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT K. HOVNANIAN AS A DIRECTOR	Management	For	For
1.2	ELECT A. HOVNANIAN AS A DIRECTOR	Management	For	For
1.3	ELECT G. DECESARIS, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT A. GREENBAUM AS A DIRECTOR	Management	For	For
1.5	ELECT D. MCDONALD AS A DIRECTOR	Management	For	For
1.6	ELECT J. ROBBINS AS A DIRECTOR	Management	For	For
1.7	ELECT J. SORSBY AS A DIRECTOR	Management	For	For
1.8	ELECT S. WEINROTH AS A DIRECTOR	Management	For	For
1.9	ELECT E. KANGAS AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT ACCOUNTANTS FOR THE YEAR ENDED OCTOBER 31, 2004.	Management	For	For
3	THE APPROVAL OF AN AMENDMENT TO THE AMENDED CERTIFICATE OF INCORPORATION, WHICH WOULD INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK.	Management	For	For
4	THE APPROVAL OF THE COMPANY S AMENDED AND RESTATED SENIOR EXECUTIVE SHORT-TERM INCENTIVE PLAN.	Management	For	Against
5	THE APPROVAL OF THE COMPANY S AMENDED AND RESTATED 1999 STOCK INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: JACOBS ENGINEERING GROUP INC. MEETING DATE: 02/10/2004
TICKER: JEC     SECURITY ID: 469814107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT C. DAVIDSON, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT EDWARD V. FRITZKY AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT B. GWYN AS A DIRECTOR	Management	For	For
1.4	ELECT LINDA K. JACOBS AS A DIRECTOR	Management	For	For
1.5	ELECT BENJAMIN F. MONTOYA AS A DIRECTOR	Management	For	For
2	TO APPROVE ERNST & YOUNG LLP AS AUDITORS	Management	For	For

ISSUER NAME: KB HOME MEETING DATE: 04/01/2004
TICKER: KBH     SECURITY ID: 48666K109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RONALD W. BURKLE* AS A DIRECTOR	Management	For	For
1.2	ELECT DR. RAY R. IRANI* AS A DIRECTOR	Management	For	For
1.3	ELECT LESLIE MOONVES* AS A DIRECTOR	Management	For	For
1.4	ELECT LUIS G. NOGALES* AS A DIRECTOR	Management	For	For
1.5	ELECT MELISSA LORA** AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY ERNST & YOUNG LLP AS KB HOME S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING NOVEMBER 30, 2004	Management	For	For

ISSUER NAME: LA-Z-BOY INCORPORATED MEETING DATE: 08/12/2003
TICKER: LZB     SECURITY ID: 505336107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN H. FOSS AS A DIRECTOR	Management	For	For
1.2	ELECT PATRICK H. NORTON AS A DIRECTOR	Management	For	For
1.3	ELECT HELEN O. PETRAUSKAS AS A DIRECTOR	Management	For	For
2	APPROVAL OF RESTRICTED STOCK PLAN FOR NON-EMPLOYEE DIRECTORS.	Management	For	For

ISSUER NAME: LEGGETT & PLATT, INCORPORATED MEETING DATE: 05/05/2004
TICKER: LEG     SECURITY ID: 524660107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RAYMOND F. BENTELE AS A DIRECTOR	Management	For	For
1.2	ELECT RALPH W. CLARK AS A DIRECTOR	Management	For	For
1.3	ELECT HARRY M. CORNELL, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT TED ENLOE, III AS A DIRECTOR	Management	For	For
1.5	ELECT RICHARD T. FISHER AS A DIRECTOR	Management	For	For
1.6	ELECT KARL G. GLASSMAN AS A DIRECTOR	Management	For	For
1.7	ELECT DAVID S. HAFFNER AS A DIRECTOR	Management	For	For
1.8	ELECT JUDY C. ODOM AS A DIRECTOR	Management	For	For
1.9	ELECT MAURICE E. PURNELL, JR. AS A DIRECTOR	Management	For	For
1.10	ELECT FELIX E. WRIGHT AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE BOARD S APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For
3	THE APPROVAL OF AN AMENDMENT TO THE 1989 DISCOUNT STOCK PLAN TO AUTHORIZE AN ADDITIONAL 4 MILLION SHARES.	Management	For	For
4	THE APPROVAL OF THE 2004 KEY OFFICERS INCENTIVE PLAN.	Management	For	For

ISSUER NAME: LENNAR CORPORATION MEETING DATE: 03/30/2004
TICKER: LEN     SECURITY ID: 526057104
TICKER: LENB     SECURITY ID: 526057302
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT IRVING BOLOTIN AS A DIRECTOR	Management	For	For
1.2	ELECT R. KIRK LANDON AS A DIRECTOR	Management	For	For
1.3	ELECT DONNA E. SHALALA AS A DIRECTOR	Management	For	For
2	THE PROXIES ARE AUTHORIZED TO VOTE IN THEIR DISCRETION WITH REGARD TO ANY OTHER BUSINESS THAT MAY PROPERLY COME BEFORE THE MEETING.	Management	For	Abstain

ISSUER NAME: LNR PROPERTY CORPORATION MEETING DATE: 04/21/2004
TICKER: LNR     SECURITY ID: 501940100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BRIAN L. BILZIN AS A DIRECTOR	Management	For	For
1.2	ELECT CONNIE MACK AS A DIRECTOR	Management	For	For
1.3	ELECT JAMES M. CARR AS A DIRECTOR	Management	For	For
2	TO VOTE UPON A PROPOSAL TO APPROVE THE LNR PROPERTY CORPORATION 2003 INCENTIVE COMPENSATION PLAN.	Management	For	For
3	TO VOTE UPON A PROPOSAL TO ADOPT THE LNR PROPERTY CORPORATION 2003 NON-QUALIFIED DEFERRED COMPENSATION PLAN.	Management	For	Against

ISSUER NAME: LOUISIANA-PACIFIC CORPORATION MEETING DATE: 05/03/2004
TICKER: LPX     SECURITY ID: 546347105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DUSTAN E. MCCOY AS A DIRECTOR	Management	For	For
1.2	ELECT LEE C. SIMPSON AS A DIRECTOR	Management	For	For
1.3	ELECT COLIN D. WATSON AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENT OF 1997 INCENTIVE STOCK AWARD PLAN.	Management	For	Against
3	APPROVAL OF AMENDMENT OF 2000 NON-EMPLOYEE DIRECTOR RESTRICTED STOCK PLAN.	Management	For	Against
4	APPROVAL OF AMENDMENT OF 1992 NON-EMPLOYEE DIRECTOR STOCK OPTION PLAN.	Management	For	Against
5	APPROVAL OF PERFORMANCE GOALS UNDER AMENDED AND RESTATED ANNUAL CASH INCENTIVE AWARD PLAN.	Management	For	For
6	RATIFICATION OF SELECTION OF INDEPENDENT AUDITORS.	Management	For	For
7	STOCKHOLDER PROPOSAL, NOT RECOMMENDED BY MANAGEMENT, RELATING TO SEPARATION OF THE OFFICES OF CHAIRMAN AND CEO.	Shareholder	Against	Against
8	STOCKHOLDER PROPOSAL, NOT RECOMMENDED BY MANAGEMENT, RELATING TO ENVIRONMENTAL MATTERS.	Shareholder	Against	Against

ISSUER NAME: LOWE'S COMPANIES, INC. MEETING DATE: 05/28/2004
TICKER: LOW     SECURITY ID: 548661107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LEONARD L. BERRY AS A DIRECTOR	Management	For	For
1.2	ELECT PAUL FULTON AS A DIRECTOR	Management	For	For
1.3	ELECT DAWN E. HUDSON AS A DIRECTOR	Management	For	For
1.4	ELECT MARSHALL O. LARSEN AS A DIRECTOR	Management	For	For
1.5	ELECT ROBERT A. NIBLOCK AS A DIRECTOR	Management	For	For
1.6	ELECT STEPHEN F. PAGE AS A DIRECTOR	Management	For	For
1.7	ELECT O. TEMPLE SLOAN, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT ROBERT L. TILLMAN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE 2004 FISCAL YEAR.	Management	For	For

ISSUER NAME: MARTIN MARIETTA MATERIALS, INC. MEETING DATE: 05/25/2004
TICKER: MLM     SECURITY ID: 573284106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MARCUS C. BENNETT AS A DIRECTOR	Management	For	For
1.2	ELECT DENNIS L. REDIKER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: MASCO CORPORATION MEETING DATE: 05/11/2004
TICKER: MAS     SECURITY ID: 574599106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PETER A. DOW* AS A DIRECTOR	Management	For	For
1.2	ELECT ANTHONY F. EARLEY, JR.* AS A DIRECTOR	Management	For	For
1.3	ELECT WAYNE B. LYON* AS A DIRECTOR	Management	For	For
1.4	ELECT DAVID L. JOHNSTON** AS A DIRECTOR	Management	For	For
1.5	ELECT J. MICHAEL LOSH** AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE THE MASCO CORPORATION 2004 RESTRICTED STOCK AWARD PROGRAM.	Management	For	Against
3	RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT AUDITORS FOR THE COMPANY FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: MASTEC, INC. MEETING DATE: 12/10/2003
TICKER: MTZ     SECURITY ID: 576323109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE THE ADOPTION OF THE MASTEC, INC. AMENDED AND RESTATED 2003 STOCK INCENTIVE PLAN FOR NON-EMPLOYEES, AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT.	Management	For	Against

ISSUER NAME: MOHAWK INDUSTRIES, INC. MEETING DATE: 05/19/2004
TICKER: MHK     SECURITY ID: 608190104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LEO BENATAR AS A DIRECTOR	Management	For	For
1.2	ELECT PHYLLIS O. BONANNO AS A DIRECTOR	Management	For	For
1.3	ELECT DAVID L. KOLB AS A DIRECTOR	Management	For	For
1.4	ELECT W. CHRISTOPHER WELLBORN AS A DIRECTOR	Management	For	For

ISSUER NAME: MUELLER INDUSTRIES, INC. MEETING DATE: 04/29/2004
TICKER: MLI     SECURITY ID: 624756102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GENNARO J. FULVIO AS A DIRECTOR	Management	For	For
1.2	ELECT GARY S. GLADSTEIN AS A DIRECTOR	Management	For	For
1.3	ELECT TERRY HERMANSON AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT B. HODES AS A DIRECTOR	Management	For	For
1.5	ELECT HARVEY L. KARP AS A DIRECTOR	Management	For	For
1.6	ELECT WILLIAM D. O'HAGAN AS A DIRECTOR	Management	For	For
2	APPROVE THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS OF THE COMPANY.	Management	For	For

ISSUER NAME: NAVISTAR INTERNATIONAL CORPORATION MEETING DATE: 02/17/2004
TICKER: NAV     SECURITY ID: 63934E108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL N. HAMMES AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES H. KEYES AS A DIRECTOR	Management	For	For
1.3	ELECT SOUTHWOOD J. MORCOTT AS A DIRECTOR	Management	For	For
2	VOTE TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT AUDITOR.	Management	For	For
3	VOTE TO APPROVE OUR 2004 PERFORMANCE INCENTIVE PLAN.	Management	For	For

ISSUER NAME: NCI BUILDING SYSTEMS, INC. MEETING DATE: 03/12/2004
TICKER: NCS     SECURITY ID: 628852105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GARY L. FORBES AS A DIRECTOR	Management	For	For
1.2	ELECT MAX L. LUKENS AS A DIRECTOR	Management	For	For
1.3	ELECT GEORGE MARTINEZ AS A DIRECTOR	Management	For	For
1.4	ELECT NORMAN C. CHAMBERS AS A DIRECTOR	Management	For	For
2	IN THEIR DISCRETION, UPON ANY OTHER BUSINESS WHICH MAY PROPERLY COME BEFORE THE MEETING.	Management	For	For

ISSUER NAME: NVR, INC. MEETING DATE: 05/03/2004
TICKER: NVR     SECURITY ID: 62944T105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MANUEL H. JOHNSON AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID A. PREISER AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN M. TOUPS AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For
3	APPROVAL OF THE AMENDMENT TO NVR S RESTATED ARTICLES OF INCORPORATION.	Management	For	For
4	APPROVAL OF THE AMENDMENT TO NVR S BYLAWS TO PROVIDE THAT DIRECTOR INDEPENDENCE WILL BE DETERMINED BASED ON STANDARDS OF A NATIONAL SECURITY EXCHANGE.	Management	For	For
5	APPROVAL OF THE AMENDMENT TO NVR S BYLAWS TO PROVIDE THAT EACH STANDING COMMITTEE WILL HAVE POWERS DETERMINED BY THE BOARD.	Management	For	For
6	APPROVAL OF THE AMENDMENT TO NVR S BYLAWS TO PROVIDE THAT THE BOARD OF DIRECTORS SHALL CONSIST OF NO LESS THAN SEVEN AND NO MORE THAN THIRTEEN DIRECTORS, DIVIDED AS EQUALLY AMONG THE CLASSES AS POSSIBLE.	Management	For	For
7	APPROVAL OF AMENDMENTS TO NVR S BYLAWS TO ELIMINATE REFERENCES THAT ARE NO LONGER RELEVANT.	Management	For	For
8	SHAREHOLDER PROPOSAL REGARDING PREPARATION OF SUSTAINABILITY REPORT.	Shareholder	Against	Against

ISSUER NAME: PPG INDUSTRIES, INC. MEETING DATE: 04/15/2004
TICKER: PPG     SECURITY ID: 693506107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES G. BERGES AS A DIRECTOR	Management	For	For
1.2	ELECT ERROLL B. DAVIS, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT VICTORIA F. HAYNES AS A DIRECTOR	Management	For	For
1.4	ELECT ALLEN J. KROWE AS A DIRECTOR	Management	For	For
2	PROPOSAL TO ENDORSE THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS AUDITORS FOR 2004.	Management	For	For

ISSUER NAME: PULTE HOMES, INC. MEETING DATE: 05/13/2004
TICKER: PHM     SECURITY ID: 745867101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD J. DUGAS, JR.* AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID N. MCCAMMON* AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM J. PULTE* AS A DIRECTOR	Management	For	For
1.4	ELECT FRANCIS J. SEHN* AS A DIRECTOR	Management	For	For
1.5	ELECT MICHAEL E. ROSSI** AS A DIRECTOR	Management	For	For
2	A PROPOSAL TO ADOPT THE PULTE HOMES, INC. 2004 STOCK INCENTIVE PLAN.	Management	For	Against
3	A PROPOSAL BY A SHAREHOLDER REQUESTING THAT PULTE HOMES, INC. ADOPT A POLICY THAT THE SELECTION OF ITS INDEPENDENT AUDITOR BE SUBMITTED TO THE SHAREHOLDERS FOR RATIFICATION AT ANNUAL MEETINGS.	Shareholder	Against	Against

ISSUER NAME: SIMPSON MANUFACTURING CO., INC. MEETING DATE: 04/07/2004
TICKER: SSD     SECURITY ID: 829073105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT STEPHEN B. LAMSON AS A DIRECTOR	Management	For	For
1.2	ELECT PETER N. LOURAS, JR. AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE FROM 40,000,000 TO 80,000,000.	Management	For	For
3	RATIFICATION OF SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS.	Management	For	For

ISSUER NAME: SOUTHERN ENERGY HOMES, INC. MEETING DATE: 05/18/2004
TICKER: SEHI     SECURITY ID: 842814105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WENDELL L. BATCHELOR AS A DIRECTOR	Management	For	For
1.2	ELECT LOUIS C. HENDERSON, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT KEITH O. HOLDBROOKS AS A DIRECTOR	Management	For	For
1.4	ELECT CLINTON O. HOLDBROOKS AS A DIRECTOR	Management	For	For
1.5	ELECT JOHNNY R. LONG AS A DIRECTOR	Management	For	For
1.6	ELECT JAMES A. TAYLOR AS A DIRECTOR	Management	For	For

ISSUER NAME: STANDARD PACIFIC CORP. MEETING DATE: 05/12/2004
TICKER: SPF     SECURITY ID: 85375C101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ANDREW H. PARNES AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES L. DOTI AS A DIRECTOR	Management	For	For
1.3	ELECT FRANK E. O'BRYAN AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENT AND RESTATEMENT OF THE 2000 STOCK INCENTIVE PLAN	Management	For	For

ISSUER NAME: STEELCASE INC. MEETING DATE: 06/24/2004
TICKER: SCS     SECURITY ID: 858155203
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES P. HACKETT AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID W. JOOS AS A DIRECTOR	Management	For	For
1.3	ELECT P. CRAIG WELCH, JR. AS A DIRECTOR	Management	For	For

ISSUER NAME: TECHTRONIC INDUSTRIES CO LTD MEETING DATE: 05/28/2004
TICKER: --     SECURITY ID: Y8563B100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE AND CONSIDER THE STATEMENTS OF ACCOUNTS AND THE REPORTS OF THE DIRECTORS AND THE AUDITORS FOR THE YE 31 DEC 2003	Management	Unknown	For
2	DECLARE A FINAL DIVIDEND OF HKD 17.75 CENTS PER SHARE TO SHAREHOLDERS WHOSE NAME APPEAR ON THE REGISTER OF MEMBERS OF THE COMPANY ON 18 JUN 2004	Management	Unknown	For
3	RE-ELECT THE RETIRING DIRECTORS AND FIX THE DIRECTORS REMUNERATION	Management	Unknown	For
4	RE-ELECT THE RETIRING DIRECTORS AND FIX THE DIRECTORS REMUNERATION	Management	Unknown	For
5	APPROVE TO INCREASE THE AUTHORIZED CAPITAL OF THE COMPANY FROM HKD 160,000,000 TO HKD 240,000,000 BY CREATING 400,000,000 SHARES OF HKD 0.20 EACH RANKING PARI PASSU IN ALL RESPECTS WITH THE SHARES IN THE ORIGINAL CAPITAL OF THE COMPANY`	Management	Unknown	For
6	AUTHORIZE THE DIRECTORS TO ALLOT, ISSUE AND DEAL WITH ADDITIONAL SHARES IN THE CAPITAL OF THE COMPANY AND MAKE OR GRANT OFFERS, AGREEMENTS AND OPTIONS INCLUDING BONDS, NOTES, WARRANTS, DEBENTURES AND SECURITIES CONVERTIBLE INTO SHARES OF THE COMPANY DURING AND AFTER THE RELEVANT PERIOD, NOT EXCEEDING THE AGGREGATE OF A) 10% OF THE AGGREGATE NOMINAL AMOUNT OF THE ISSUED SHARE CAPITAL OF THE COMPANY, IN CASE OF ISSUE OF SHARES FOR CASH AND 20% OF THE AGGREGATE NOMINAL AMOUNT OF THE SHARE CAPITAL...	Management	Unknown	Against
7	AUTHORIZE THE DIRECTORS OF THE COMPANY TO REPURCHASE SHARES OF THE COMPANY DURING THE RELEVANT PERIOD, ON THE STOCK EXCHANGE OF HONG KONG LIMITED OR ANY OTHER STOCK EXCHANGE ON WHICH THE SHARES OF THE COMPANY HAVE BEEN OR MAY BE LISTED AND RECOGNIZED BY THE SECURITIES AND FUTURES COMMISSION UNDER THE HONG KONG CODE ON SHARE REPURCHASES FOR SUCH PURPOSES, SUBJECT TO AND IN ACCORDANCE WITH ALL APPLICABLE LAWS AND REGULATIONS, AT SUCH PRICE AS THE DIRECTORS MAY AT THEIR DISCRETION DETERMINE IN ACCO...	Management	Unknown	For
8	APPROVE, CONDITIONAL UPON THE PASSING OF RESOLUTIONS 6 AND 7, TO ADD THE AGGREGATE NOMINAL AMOUNT OF THE SHARES IN THE CAPITAL OF THE COMPANY PURCHASED BY THE COMPANY PURSUANT TO RESOLUTION 7, TO THE AGGREGATE NOMINAL AMOUNT OF THE SHARE CAPITAL OF THE COMPANY THAT MAY BE ALLOTTED PURSUANT TO RESOLUTION 6	Management	Unknown	For
9	AMEND THE ARTICLE OF ASSOCIATION OF THE COMPANY AS FOLLOWS: BY AMENDING THE ARTICLE 2; BY AMENDING THE ARTICLE 16; BY AMENDING THE ARTICLE 20; BY AMENDING THE ARTICLE 40(I); BY ADDING THE NEW ARTICLE 67A IMMEDIATELY AFTER THE ARTICLE 67; BY ADDING THE NEW ARTICLE 84A IMMEDIATELY AFTER THE ARTICLE 84; BY ADDING THE NEW ARTICLE 95(E) IMMEDIATELY AFTER THE ARTICLE 95(D); BY DELETING THE EXISTING PARAGRAPH (G) OF THE ARTICLE 102 AND REPLACING WITH THE NEW PARAGRAPH (G); BY AMENDING THE ARTICLE 107; ...	Management	Unknown	For

ISSUER NAME: TECHTRONIC INDUSTRIES CO LTD MEETING DATE: 05/28/2004
TICKER: --     SECURITY ID: Y8563B100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	AUTHORIZE THE DIRECTORS OF THE COMPANY TO GRANT TO MR. HORST JULIUS PUDWILL AND MR. ROY CHI PING CHUNG TOGETHER, THE GRANTEES OPTIONS SHARE OPTIONS TO SUBSCRIBE FOR 13,293,000 AND 6,646,000 ORDINARY SHARES OF HKD 0.20 EACH IN THE CAPITAL OF THE COMPANY, AS SPECIFIED, BECOMING EFFECTIVE, 26,586,000 AND 13,292,000 SUBDIVIDED SHARES IN RESOLUTION 2, IN EACH CASE, AT THE SUBSCRIPTION PRICE OF HKD 25.55 PER SHARE AND, UPON THE SHARE SUBDIVISION BECOMING EFFECTIVE, HKD 12.775 PER SUBDIVIDED SHARE...	Management	Unknown	Abstain
2	AUTHORIZE THE DIRECTORS OF THE COMPANY, SUBJECT TO AND CONDITIONAL UPON THE LISTING COMMITTEE OF THE STOCK EXCHANGE OF HONG KONG LIMITED GRANTING THE LISTING OF AND PERMISSION TO DEAL IN, THE SHARES OF THE COMPANY IN THEIR SUBDIVIDED FORM, EVERY SHARE OF HKD 0.20 IN THE ISSUED AND UNISSUED SHARE CAPITAL OF THE COMPANY BE AND IS HEREBY SUBDIVIDED SHARE SUBDIVISION INTO TWO SHARES OF HKD 0.10 EACH SUBDIVIDED SHARES , IMMEDIATELY FOLLOWING THE DATE ON WHICH THIS RESOLUTION IS PASSED	Management	Unknown	For
3	AMEND THE ARTICLES OF ASSOCIATION OF THE COMPANY, SUBJECT TO THE PASSING OF RESOLUTION 5 OF THE AGM AND THE PASSING OF RESOLUTION 2: BY DELETING THE EXISTING ARTICLE 3 THEREOF AND REPLACING WITH A NEW ARTICLE 3; THE AUTHORIZED SHARE CAPITAL OF THE COMPANY IS HKD 240,000,000 DIVIDED INTO 2,400,000,000 SHARES OF HKD 0.10 EACH	Management	Unknown	Abstain

ISSUER NAME: THE BLACK & DECKER CORPORATION MEETING DATE: 04/27/2004
TICKER: BDK     SECURITY ID: 091797100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT N.D. ARCHIBALD AS A DIRECTOR	Management	For	For
1.2	ELECT N.R. AUGUSTINE AS A DIRECTOR	Management	For	For
1.3	ELECT B.L. BOWLES AS A DIRECTOR	Management	For	For
1.4	ELECT M.A. BURNS AS A DIRECTOR	Management	For	For
1.5	ELECT K.B. CLARK AS A DIRECTOR	Management	For	For
1.6	ELECT M.A. FERNANDEZ AS A DIRECTOR	Management	For	For
1.7	ELECT B.H. GRISWOLD, IV AS A DIRECTOR	Management	For	For
1.8	ELECT A. LUISO AS A DIRECTOR	Management	For	For
2	RATIFICATION OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITOR.	Management	For	For
3	APPROVAL OF THE BLACK & DECKER CORPORATION 2004 RESTRICTED STOCK PLAN.	Management	For	Against
4	STOCKHOLDER PROPOSAL.	Shareholder	Against	Against

ISSUER NAME: THE HOME DEPOT, INC. MEETING DATE: 05/27/2004
TICKER: HD     SECURITY ID: 437076102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GREGORY D. BRENNEMAN AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD H. BROWN AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN L. CLENDENIN AS A DIRECTOR	Management	For	For
1.4	ELECT BERRY R. COX AS A DIRECTOR	Management	For	For
1.5	ELECT CLAUDIO X. GONZALEZ AS A DIRECTOR	Management	For	For
1.6	ELECT MILLEDGE A. HART, III AS A DIRECTOR	Management	For	For
1.7	ELECT BONNIE G. HILL AS A DIRECTOR	Management	For	For
1.8	ELECT KENNETH G. LANGONE AS A DIRECTOR	Management	For	For
1.9	ELECT ROBERT L. NARDELLI AS A DIRECTOR	Management	For	For
1.10	ELECT ROGER S. PENSKE AS A DIRECTOR	Management	For	For
2	COMPANY PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS OF THE COMPANY FOR FISCAL 2004.	Management	For	For
3	STOCKHOLDER PROPOSAL REGARDING OUTSIDE DIRECTOR TERM LIMITS.	Shareholder	Against	Against
4	STOCKHOLDER PROPOSAL REGARDING POISON PILL IMPLEMENTATION.	Shareholder	Against	For
5	STOCKHOLDER PROPOSAL REGARDING PERFORMANCE GOALS AS A PREREQUISITE TO VESTING.	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL REGARDING IMPLEMENTATION OF ILO HUMAN RIGHTS STANDARDS.	Shareholder	Against	Against
7	STOCKHOLDER PROPOSAL REGARDING FUTURE SEVERANCE AGREEMENTS.	Shareholder	Against	Against
8	STOCKHOLDER PROPOSAL REGARDING METHOD OF VOTING FOR DIRECTORS.	Shareholder	Against	Against

ISSUER NAME: THE RYLAND GROUP, INC. MEETING DATE: 04/21/2004
TICKER: RYL     SECURITY ID: 783764103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MR. DREIER AS A DIRECTOR	Management	For	For
1.2	ELECT MR. BANE AS A DIRECTOR	Management	For	For
1.3	ELECT MS. FRECON AS A DIRECTOR	Management	For	For
1.4	ELECT MR. HERNANDEZ AS A DIRECTOR	Management	For	For
1.5	ELECT MR. JEWS AS A DIRECTOR	Management	For	For
1.6	ELECT MR. MANSOUR AS A DIRECTOR	Management	For	For
1.7	ELECT MR. MELLOR AS A DIRECTOR	Management	For	For
1.8	ELECT MR. METCALFE AS A DIRECTOR	Management	For	For
1.9	ELECT MS. ST. MARTIN AS A DIRECTOR	Management	For	For
1.10	ELECT MR. VARELLO AS A DIRECTOR	Management	For	For
1.11	ELECT MR. WILSON AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE RYLAND GROUP, INC. 2004 NON-EMPLOYEE DIRECTOR EQUITY PLAN.	Management	For	For
3	CONSIDERATION OF A PROPOSAL FROM CALVERT ASSET MANAGEMENT COMPANY (A STOCKHOLDER) REGARDING THE PREPARATION OF A GRI-BASED SUSTAINABILITY REPORT.	Shareholder	Against	Against

ISSUER NAME: THE SHERWIN-WILLIAMS COMPANY MEETING DATE: 04/28/2004
TICKER: SHW     SECURITY ID: 824348106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT J.C. BOLAND AS A DIRECTOR	Management	For	For
1.2	ELECT J.G. BREEN AS A DIRECTOR	Management	For	For
1.3	ELECT D.E. COLLINS AS A DIRECTOR	Management	For	For
1.4	ELECT C.M. CONNOR AS A DIRECTOR	Management	For	For
1.5	ELECT D.E. EVANS AS A DIRECTOR	Management	For	For
1.6	ELECT S.J. KROPF AS A DIRECTOR	Management	For	For
1.7	ELECT R.W. MAHONEY AS A DIRECTOR	Management	For	For
1.8	ELECT G.E. MCCULLOUGH AS A DIRECTOR	Management	For	For
1.9	ELECT A.M. MIXON, III AS A DIRECTOR	Management	For	For
1.10	ELECT C.E. MOLL AS A DIRECTOR	Management	For	For
1.11	ELECT J.M. SCAMINACE AS A DIRECTOR	Management	For	For
1.12	ELECT R.K. SMUCKER AS A DIRECTOR	Management	For	For
2	AMENDMENTS TO REGULATIONS TO PERMIT USE OF COMMUNICATIONS EQUIPMENT AND OTHER CHANGES	Management	For	For
3	AMENDMENTS TO REGULATIONS TO PROVIDE NOTICE AND OTHER PROCEDURES FOR SHAREHOLDER MEETINGS	Management	For	For
4	AMENDMENTS TO REGULATIONS TO PROVIDE NOTICE AND OTHER PROCEDURES FOR SHAREHOLDERS TO NOMINATE DIRECTORS	Management	For	For
5	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: THE ST. JOE COMPANY MEETING DATE: 05/18/2004
TICKER: JOE     SECURITY ID: 790148100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL L. AINSLIE AS A DIRECTOR	Management	For	For
1.2	ELECT HUGH M. DURDEN AS A DIRECTOR	Management	For	For
1.3	ELECT ADAM W. HERBERT, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT DELORES KESLER AS A DIRECTOR	Management	For	For
1.5	ELECT JOHN S. LORD AS A DIRECTOR	Management	For	For
1.6	ELECT WALTER L. REVELL AS A DIRECTOR	Management	For	For
1.7	ELECT PETER S. RUMMELL AS A DIRECTOR	Management	For	For
1.8	ELECT WINFRED L. THORNTON AS A DIRECTOR	Management	For	For
1.9	ELECT WILLIAM H. WALTON, III AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENT OF ARTICLES OF INCORPORATION ELIMINATING PREEMPTIVE RIGHTS	Management	For	Against
3	RATIFICATION OF INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: THE STANLEY WORKS MEETING DATE: 04/23/2004
TICKER: SWK     SECURITY ID: 854616109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN G. BREEN AS A DIRECTOR	Management	For	For
1.2	ELECT VIRGIS W. COLBERT AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN F. LUNDGREN AS A DIRECTOR	Management	For	For
2	TO APPROVE ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2004.	Management	For	For
3	TO VOTE ON A SHAREHOLDER PROPOSAL URGING THAT THE BOARD OF DIRECTORS TAKE THE NECESSARY STEPS TO REQUIRE THAT ALL MEMBERS OF THE BOARD OF DIRECTORS BE ELECTED ANNUALLY.	Shareholder	Against	For

ISSUER NAME: TOLL BROTHERS, INC. MEETING DATE: 03/18/2004
TICKER: TOL     SECURITY ID: 889478103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ZVI BARZILAY AS A DIRECTOR	Management	For	For
1.2	ELECT EDWARD G. BOEHNE AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD J. BRAEMER AS A DIRECTOR	Management	For	For
1.4	ELECT CARL B. MARBACH AS A DIRECTOR	Management	For	For
2	THE APPROVAL OF ERNST & YOUNG LLP AS THE COMPANY S AUDITORS FOR THE 2004 FISCAL YEAR.	Management	For	For

ISSUER NAME: TREX COMPANY, INC. MEETING DATE: 04/28/2004
TICKER: TWP     SECURITY ID: 89531P105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM F. ANDREWS AS A DIRECTOR	Management	For	For
1.2	ELECT PAUL A. BRUNNER AS A DIRECTOR	Management	For	For
1.3	ELECT ANDREW U. FERRARI AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS TREX COMPANY S INDEPENDENT AUDITORS FOR 2004 FISCAL YEAR.	Management	For	For

ISSUER NAME: UNITED RENTALS, INC. MEETING DATE: 05/20/2004
TICKER: URI     SECURITY ID: 911363109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HOWARD L. CLARK, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT BRADLEY S. JACOBS AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN N. MILNE AS A DIRECTOR	Management	For	For
2	APPROVAL OF ANNUAL INCENTIVE COMPENSATION PLAN	Management	For	For
3	APPROVAL OF LONG-TERM INCENTIVE PLAN	Management	For	Against
4	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
5	STOCKHOLDER PROPOSAL CONCERNING BOARD INDEPENDENCE	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL CONCERNING FUTURE SEVERANCE AGREEMENTS	Shareholder	Against	Against

ISSUER NAME: URS CORPORATION MEETING DATE: 03/23/2004
TICKER: URS     SECURITY ID: 903236107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT H. JESSE ARNELLE AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD C. BLUM AS A DIRECTOR	Management	For	For
1.3	ELECT ARMEN DER MARDEROSIAN AS A DIRECTOR	Management	For	For
1.4	ELECT MICKEY P. FORET AS A DIRECTOR	Management	For	For
1.5	ELECT MARTIN M. KOFFEL AS A DIRECTOR	Management	For	For
1.6	ELECT RICHARD B. MADDEN AS A DIRECTOR	Management	For	For
1.7	ELECT GEN. JOSEPH W. RALSTON AS A DIRECTOR	Management	For	For
1.8	ELECT JOHN D. ROACH AS A DIRECTOR	Management	For	For
1.9	ELECT WILLIAM D. WALSH AS A DIRECTOR	Management	For	For
2	TO APPROVE THE AMENDMENT TO THE URS CORPORATION CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 50,000,000 SHARES TO 100,000,000 SHARES.	Management	For	For
3	TO RE-APPROVE THE URS CORPORATION INCENTIVE COMPENSATION PLAN.	Management	For	For

ISSUER NAME: VULCAN MATERIALS COMPANY MEETING DATE: 05/14/2004
TICKER: VMC     SECURITY ID: 929160109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ORIN R. SMITH* AS A DIRECTOR	Management	For	For
1.2	ELECT DOUGLAS J. MCGREGOR** AS A DIRECTOR	Management	For	For
1.3	ELECT DONALD B. RICE** AS A DIRECTOR	Management	For	For
1.4	ELECT VINCENT J. TROSINO** AS A DIRECTOR	Management	For	For
2	APPROVAL OF RESTRICTED STOCK PLAN FOR NONEMPLOYEE DIRECTORS.	Management	For	Against
3	RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2004.	Management	For	For

ISSUER NAME: YORK INTERNATIONAL CORPORATION MEETING DATE: 05/20/2004
TICKER: YRK     SECURITY ID: 986670107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT W. MICHAEL CLEVY AS A DIRECTOR	Management	For	For
1.2	ELECT J. RODERICK HELLER, III AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT F.B. LOGAN AS A DIRECTOR	Management	For	For
1.4	ELECT GERALD C. MCDONOUGH AS A DIRECTOR	Management	For	For
1.5	ELECT C. DAVID MYERS AS A DIRECTOR	Management	For	For
1.6	ELECT PAUL J. POWERS AS A DIRECTOR	Management	For	For
1.7	ELECT DONALD M. ROBERTS AS A DIRECTOR	Management	For	For
1.8	ELECT JAMES A. URRY AS A DIRECTOR	Management	For	For
2	ACT ON AN AMENDMENT TO THE COMPANY S EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
3	ACT ON AN AMENDMENT TO THE COMPANY S INCENTIVE COMPENSATION PLAN.	Management	For	For
4	ACT ON AN AMENDMENT TO THE COMPANY S OMNIBUS STOCK PLAN.	Management	For	For
5	RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS.	Management	For	For