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 Home Finance 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 11:01:41 AM

EXHIBIT A

VOTE SUMMARY REPORT
Select Home Finance 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: ASTORIA FINANCIAL CORPORATION MEETING DATE: 05/19/2004
TICKER: AF     SECURITY ID: 046265104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN J. CONEFRY, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT LAWRENCE W. PETERS AS A DIRECTOR	Management	For	For
1.3	ELECT THOMAS V. POWDERLY AS A DIRECTOR	Management	For	For
2	THE APPROVAL OF AN AMENDMENT TO THE ASTORIA FINANCIAL CORPORATION EXECUTIVE OFFICER ANNUAL INCENTIVE PLAN.	Management	For	For
3	THE RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS OF ASTORIA FINANCIAL CORPORATION FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: BANKNORTH GROUP, INC. MEETING DATE: 04/27/2004
TICKER: BNK     SECURITY ID: 06646R107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DANA S. LEVENSON AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN M. NAUGHTON AS A DIRECTOR	Management	For	For
1.3	ELECT ANGELO PIZZAGALLI AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF KPMG LLP AS BANKNORTH GROUP, INC. S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: CHARTER ONE FINANCIAL, INC. MEETING DATE: 04/21/2004
TICKER: CF     SECURITY ID: 160903100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PATRICK J. AGNEW AS A DIRECTOR	Management	For	For
1.2	ELECT DENISE MARIE FUGO AS A DIRECTOR	Management	For	For
1.3	ELECT CHARLES JOHN KOCH AS A DIRECTOR	Management	For	For
1.4	ELECT RONALD F. POE AS A DIRECTOR	Management	For	For
1.5	ELECT JEROME L. SCHOSTAK AS A DIRECTOR	Management	For	For
1.6	ELECT MARK SHAEVSKY AS A DIRECTOR	Management	For	For
2	TO APPROVE THE AMENDMENTS TO THE CHARTER ONE FINANCIAL INC. 1997 STOCK OPTION AND INCENTIVE PLAN.	Management	For	Against
3	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS CHARTER ONE FINANCIAL, INC. S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: CITIGROUP INC. MEETING DATE: 04/20/2004
TICKER: C     SECURITY ID: 172967101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT C. MICHAEL ARMSTRONG AS A DIRECTOR	Management	For	For
1.2	ELECT ALAIN J.P. BELDA AS A DIRECTOR	Management	For	For
1.3	ELECT GEORGE DAVID AS A DIRECTOR	Management	For	For
1.4	ELECT KENNETH T. DERR AS A DIRECTOR	Management	For	For
1.5	ELECT JOHN M. DEUTCH AS A DIRECTOR	Management	For	For
1.6	ELECT R. HERNANDEZ RAMIREZ AS A DIRECTOR	Management	For	For
1.7	ELECT ANN DIBBLE JORDAN AS A DIRECTOR	Management	For	For
1.8	ELECT DUDLEY C. MECUM AS A DIRECTOR	Management	For	For
1.9	ELECT RICHARD D. PARSONS AS A DIRECTOR	Management	For	For
1.10	ELECT ANDRALL E. PEARSON AS A DIRECTOR	Management	For	For
1.11	ELECT CHARLES PRINCE AS A DIRECTOR	Management	For	For
1.12	ELECT ROBERT E. RUBIN AS A DIRECTOR	Management	For	For
1.13	ELECT FRANKLIN A. THOMAS AS A DIRECTOR	Management	For	For
1.14	ELECT SANFORD I. WEILL AS A DIRECTOR	Management	For	For
1.15	ELECT ROBERT B. WILLUMSTAD AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS CITIGROUP S INDEPENDENT AUDITORS FOR 2004.	Management	For	For
3	STOCKHOLDER PROPOSAL REQUESTING A CURB ON EXECUTIVE COMPENSATION, NO FUTURE STOCK OPTION GRANTS AND NO RENEWALS OR EXTENSIONS OF OPTION PLANS.	Shareholder	Against	Against
4	STOCKHOLDER PROPOSAL REQUESTING A REPORT ON POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against
5	STOCKHOLDER PROPOSAL REQUESTING A DISCONTINUATION OF ALL RIGHTS, OPTIONS, SAR S AND POSSIBLE SEVERANCE PAYMENTS TO THE TOP 5 OF MANAGEMENT.	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL REQUESTING THAT THE CHAIRMAN OF THE BOARD HAVE NO MANAGEMENT DUTIES, TITLES OR RESPONSIBILITIES.	Shareholder	Against	Against

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: 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: DOWNEY FINANCIAL CORP. MEETING DATE: 04/28/2004
TICKER: DSL     SECURITY ID: 261018105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BRENT MCQUARRIE AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES H. HUNTER AS A DIRECTOR	Management	For	For
1.3	ELECT MARANGAL I. DOMINGO AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF KPMG LLP AS AUDITORS FOR THE YEAR 2004.	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 NATIONAL FINANCIAL, INC. MEETING DATE: 09/29/2003
TICKER: FNF     SECURITY ID: 316326107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DANIEL D. (RON) LANE AS A DIRECTOR	Management	For	For
1.2	ELECT J. THOMAS TALBOT AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN F. FARRELL, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT PHILIP G. HEASLEY AS A DIRECTOR	Management	For	For
1.5	ELECT TERRY N. CHRISTENSEN AS A DIRECTOR	Management	For	For
2	TO APPROVE AN AMENDMENT TO THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 150,000,000 TO 250,000,000.	Management	For	For

ISSUER NAME: FIRSTFED FINANCIAL CORP. MEETING DATE: 04/21/2004
TICKER: FED     SECURITY ID: 337907109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BABETTE E. HEIMBUCH AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES P. GIRALDIN AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN R. WOODHULL AS A DIRECTOR	Management	For	For
2	RATIFICATION OF KPMG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR 2004.	Management	For	For

ISSUER NAME: GOLDEN WEST FINANCIAL CORPORATION MEETING DATE: 04/27/2004
TICKER: GDW     SECURITY ID: 381317106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PATRICIA A. KING AS A DIRECTOR	Management	For	For
1.2	ELECT MARION O. SANDLER AS A DIRECTOR	Management	For	For
1.3	ELECT LESLIE TANG SCHILLING AS A DIRECTOR	Management	For	For
2	INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 200,000,000 TO 600,000,000.	Management	For	For
3	RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP TO SERVE AS THE COMPANY S INDEPENDENT OUTSIDE AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: GREENPOINT FINANCIAL CORP. MEETING DATE: 04/30/2004
TICKER: GPT     SECURITY ID: 395384100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BHARAT B. BHATT AS A DIRECTOR	Management	For	For
1.2	ELECT J. THOMAS PRESBY AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT F. VIZZA AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE CORPORATION S INDEPENDENT AUDITOR FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: HUDSON CITY BANCORP, INC. MEETING DATE: 05/21/2004
TICKER: HCBK     SECURITY ID: 443683107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM J. COSGROVE AS A DIRECTOR	Management	For	For
1.2	ELECT DONALD O. QUEST AS A DIRECTOR	Management	For	For
1.3	ELECT DENIS J. SALAMONE AS A DIRECTOR	Management	For	For
1.4	ELECT JOSEPH G. SPONHOLZ AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: IBERIABANK CORPORATION MEETING DATE: 04/28/2004
TICKER: IBKC     SECURITY ID: 450828108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ELAINE D. ABELL AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM H. FENSTERMAKER AS A DIRECTOR	Management	For	For
1.3	ELECT LARREY G. MOUTON AS A DIRECTOR	Management	For	For
1.4	ELECT O. MILES POLLARD AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF CASTAING, HUSSEY & LOLAN, LLC AS THE COMPANY S INDEPENDENT AUDITORS FOR 2004	Management	For	For

ISSUER NAME: INDEPENDENCE COMMUNITY BANK CORP. MEETING DATE: 06/24/2004
TICKER: ICBC     SECURITY ID: 453414104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROHIT M. DESAI* AS A DIRECTOR	Management	For	For
1.2	ELECT CHARLES J. HAMM* AS A DIRECTOR	Management	For	For
1.3	ELECT SCOTT M. HAND* AS A DIRECTOR	Management	For	For
1.4	ELECT DAVID L. HINDS* AS A DIRECTOR	Management	For	For
1.5	ELECT MARIA FIORINI RAMIREZ* AS A DIRECTOR	Management	For	For
1.6	ELECT DONALD M. KARP** AS A DIRECTOR	Management	For	For
1.7	ELECT ROBERT B. CATELL*** AS A DIRECTOR	Management	For	For
1.8	ELECT ROBERT W. GELFMAN*** AS A DIRECTOR	Management	For	For
2	TO APPROVE AN AMENDMENT TO INDEPENDENCE COMMUNITY BANK CORP. S CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK.	Management	For	For
3	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENCE COMMUNITY BANK CORP. S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: INDYMAC BANCORP, INC. MEETING DATE: 04/28/2004
TICKER: NDE     SECURITY ID: 456607100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL W. PERRY AS A DIRECTOR	Management	For	For
1.2	ELECT LOUIS E. CALDERA AS A DIRECTOR	Management	For	For
1.3	ELECT LYLE E. GRAMLEY AS A DIRECTOR	Management	For	For
1.4	ELECT HUGH M. GRANT AS A DIRECTOR	Management	For	For
1.5	ELECT PATRICK C. HADEN AS A DIRECTOR	Management	For	For
1.6	ELECT TERRANCE G. HODEL AS A DIRECTOR	Management	For	For
1.7	ELECT ROBERT L. HUNT II AS A DIRECTOR	Management	For	For
1.8	ELECT JAMES R. UKROPINA AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE INDYMAC BANCORP, INC. 2002 INCENTIVE PLAN, AS AMENDED AND RESTATED.	Management	For	Against
3	RATIFICATION OF APPOINTMENT OF INDYMAC S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: J.P. MORGAN CHASE & CO. MEETING DATE: 05/25/2004
TICKER: JPM     SECURITY ID: 46625H100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	MERGER PROPOSAL	Management	For	For
2.1	ELECT HANS W. BECHERER AS A DIRECTOR	Management	For	For
2.2	ELECT FRANK A. BENNACK, JR. AS A DIRECTOR	Management	For	For
2.3	ELECT JOHN H. BIGGS AS A DIRECTOR	Management	For	For
2.4	ELECT LAWRENCE A. BOSSIDY AS A DIRECTOR	Management	For	For
2.5	ELECT ELLEN V. FUTTER AS A DIRECTOR	Management	For	For
2.6	ELECT WILLIAM H. GRAY, III AS A DIRECTOR	Management	For	For
2.7	ELECT WILLIAM B. HARRISON, JR AS A DIRECTOR	Management	For	For
2.8	ELECT HELENE L. KAPLAN AS A DIRECTOR	Management	For	For
2.9	ELECT LEE R. RAYMOND AS A DIRECTOR	Management	For	For
2.10	ELECT JOHN R. STAFFORD AS A DIRECTOR	Management	For	For
3	APPOINTMENT OF EXTERNAL AUDITOR	Management	For	For
4	RE-APPROVAL OF KEY EXECUTIVE PERFORMANCE PLAN	Management	For	For
5	ADJOURNMENT OF MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL PROXIES	Management	For	Abstain
6	DIRECTOR TERM LIMIT	Shareholder	Against	Against
7	CHARITABLE CONTRIBUTIONS	Shareholder	Against	Against
8	POLITICAL CONTRIBUTIONS	Shareholder	Against	Against
9	SEPARATION OF CHAIRMAN AND CEO	Shareholder	Against	Against
10	DERIVATIVE DISCLOSURE	Shareholder	Against	Against
11	AUDITOR INDEPENDENCE	Shareholder	Against	Against
12	DIRECTOR COMPENSATION	Shareholder	Against	Against
13	PAY DISPARITY	Shareholder	Against	Against

ISSUER NAME: MGIC INVESTMENT CORPORATION MEETING DATE: 05/13/2004
TICKER: MTG     SECURITY ID: 552848103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES A. ABBOTT AS A DIRECTOR	Management	For	For
1.2	ELECT THOMAS M. HAGERTY AS A DIRECTOR	Management	For	For
1.3	ELECT MICHAEL E. LEHMAN AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT ACCOUNTANTS OF THE CORPORATION.	Management	For	For

ISSUER NAME: NEW YORK COMMUNITY BANCORP, INC. MEETING DATE: 10/29/2003
TICKER: NYB     SECURITY ID: 649445103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE AND ADOPT THE AGREEMENT AND PLAN OF MERGER, DATED AS OF JUNE 27, 2003, BY AND BETWEEN NEW YORK COMMUNITY BANCORP, INC., AND ROSLYN BANCORP, INC., PURSUANT TO WHICH ROSLYN WILL BE MERGED WITH AND INTO NEW YORK COMMUNITY.	Management	For	For
2	TO APPROVE AN AMENDMENT TO NEW YORK COMMUNITY S CERTIFICATE OF INCORPORATION INCREASING THE AMOUNT OF COMMON STOCK AUTHORIZED FOR ISSUANCE FROM 300 MILLION TO 600 MILLION SHARES.	Management	For	For

ISSUER NAME: NEW YORK COMMUNITY BANCORP, INC. MEETING DATE: 05/19/2004
TICKER: NYB     SECURITY ID: 649445103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DONALD M. BLAKE AS A DIRECTOR	Management	For	For
1.2	ELECT THOMAS A. DOHERTY AS A DIRECTOR	Management	For	For
1.3	ELECT MICHAEL J. LEVINE AS A DIRECTOR	Management	For	For
1.4	ELECT GUY V. MOLINARI AS A DIRECTOR	Management	For	For
1.5	ELECT JOHN A. PILESKI AS A DIRECTOR	Management	For	For
1.6	ELECT JOHN M. TSIMBINOS AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS OF NEW YORK COMMUNITY BANCORP, INC. FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: NORTH FORK BANCORPORATION, INC. MEETING DATE: 04/27/2004
TICKER: NFB     SECURITY ID: 659424105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES F. REEVE AS A DIRECTOR	Management	For	For
1.2	ELECT GEORGE H. ROWSOM AS A DIRECTOR	Management	For	For
1.3	ELECT DR. KURT R. SCHMELLER AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE SELECTION OF KPMG LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004	Management	For	For

ISSUER NAME: OLD REPUBLIC INTERNATIONAL CORPORATI MEETING DATE: 05/28/2004
TICKER: ORI     SECURITY ID: 680223104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JIMMY A. DEW AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN M. DIXON AS A DIRECTOR	Management	For	For
1.3	ELECT WILBUR S. LEGG AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN W. POPP AS A DIRECTOR	Management	For	For

ISSUER NAME: PEOPLE'S BANK MEETING DATE: 04/15/2004
TICKER: PBCT     SECURITY ID: 710198102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JANET M. HANSEN AS A DIRECTOR	Management	For	For
1.2	ELECT JEREMIAH J. LOWNEY, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT JACK E. MCGREGOR AS A DIRECTOR	Management	For	For
2	AMENDMENT OF LONG-TERM INCENTIVE PLAN	Management	For	Against
3	AMENDMENT OF ARTICLES OF INCORPORATION	Management	For	For

ISSUER NAME: RADIAN GROUP INC. MEETING DATE: 05/11/2004
TICKER: RDN     SECURITY ID: 750236101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES W. JENNINGS AS A DIRECTOR	Management	For	For
1.2	ELECT ROY J. KASMAR AS A DIRECTOR	Management	For	For
1.3	ELECT HERBERT WENDER AS A DIRECTOR	Management	For	For
1.4	ELECT JAN NICHOLSON AS A DIRECTOR	Management	For	For
2	TO AMEND AND RESTATE RADIAN S EQUITY COMPENSATION PLAN.	Management	For	Against
3	TO ADOPT RADIAN S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION.	Management	For	For
4	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS RADIAN S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: RAINIER PACIFIC FINANCIAL GROUP, INC MEETING DATE: 04/26/2004
TICKER: RPFG     SECURITY ID: 75087U101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CHARLES E. CUZZETTO AS A DIRECTOR	Management	For	For
1.2	ELECT STEPHEN M. BADER AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN A. HALL AS A DIRECTOR	Management	For	For
1.4	ELECT BRIAN E. KNUTSON AS A DIRECTOR	Management	For	For
1.5	ELECT ALAN M. SOMERS AS A DIRECTOR	Management	For	For
1.6	ELECT ALFRED H. TRELEVEN, III AS A DIRECTOR	Management	For	For
1.7	ELECT EDWARD J. BROOKS AS A DIRECTOR	Management	For	For
1.8	ELECT KARYN R. CLARKE AS A DIRECTOR	Management	For	For
1.9	ELECT ROBERT H. COMBS AS A DIRECTOR	Management	For	For
2	THE ADOPTION OF THE 2004 STOCK OPTION PLAN.	Management	For	For
3	THE ADOPTION OF THE 2004 MANAGEMENT RECOGNITION PLAN.	Management	For	For

ISSUER NAME: SEACOAST FINANCIAL SERVICES CORPORAT MEETING DATE: 06/28/2004
TICKER: SCFS     SECURITY ID: 81170Q106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE AND ADOPT THE AGREEMENT AND PLAN OF MERGER DATED AS OF JANUARY 26, 2004, AS AMENDED BY THE AMENDMENT TO AGREEMENT AND PLAN OF MERGER MADE APRIL 12, 2004, BETWEEN SOVEREIGN BANCORP, INC. AND SEACOAST FINANCIAL SERVICES CORPORATION.	Management	For	For
2	TO ADJOURN THE SPECIAL MEETING TO A LATER DATE OR DATES, IF NECESSARY TO PERMIT FURTHER SOLICITATION OF PROXIES IN THE EVENT THERE ARE NOT SUFFICIENT VOTES AT THE TIME OF THE SPECIAL MEETING TO APPROVE AND ADOPT THE AGREEMENT AND PLAN OF MERGER, AS AMENDED.	Management	For	Abstain

ISSUER NAME: SOVEREIGN BANCORP, INC. MEETING DATE: 04/22/2004
TICKER: SOV     SECURITY ID: 845905108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ANDREW C. HOVE, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT DANIEL K. ROTHERMEL AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS SOVEREIGN S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004.	Management	For	For
3	APPROVE AN AMENDMENT TO SOVEREIGN S ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 400 MILLION SHARES TO 800 MILLION SHARES.	Management	For	For
4	APPROVE SOVEREIGN S 2004 BROAD-BASED STOCK INCENTIVE PLAN AND THE CONTINUATION OF SOVEREIGN S EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
5	APPROVE SOVEREIGN S BONUS RECOGNITION AND RETENTION PROGRAM.	Management	For	For

ISSUER NAME: STATEN ISLAND BANCORP, INC. MEETING DATE: 03/08/2004
TICKER: SIB     SECURITY ID: 857550107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PROPOSAL TO ADOPT THE AGREEMENT AND PLAN OF MERGER, DATED AS OF NOVEMBER 24, 2003, BY AND BETWEEN INDEPENDENCE COMMUNITY BANK CORP. AND STATEN ISLAND BANCORP, INC. PURSUANT TO WHICH, AMONG OTHER THINGS, STATEN ISLAND WILL MERGE WITH AND INTO INDEPENDENCE.	Management	For	For

ISSUER NAME: TCF FINANCIAL CORPORATION MEETING DATE: 04/28/2004
TICKER: TCB     SECURITY ID: 872275102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LUELLA G. GOLDBERG AS A DIRECTOR	Management	For	For
1.2	ELECT GEORGE G. JOHNSON AS A DIRECTOR	Management	For	For
1.3	ELECT LYNN A. NAGORSKE AS A DIRECTOR	Management	For	For
1.4	ELECT RALPH STRANGIS AS A DIRECTOR	Management	For	For
2	RE-APPROVAL OF THE TCF PERFORMANCE-BASED COMPENSATION POLICY FOR COVERED EXECUTIVE OFFICERS.	Management	For	For
3	RENEWAL OF THE TCF INCENTIVE STOCK PROGRAM FOR AN ADDITIONAL TEN YEARS.	Management	For	Against
4	RE-APPROVAL OF THE PERFORMANCE-BASED GOALS AND LIMITS OF THE TCF INCENTIVE STOCK PROGRAM.	Management	For	For
5	ADVISORY VOTE ON THE APPOINTMENT OF KPMG LLP AS INDEPENDENT PUBLIC ACCOUNTANTS FOR 2004.	Management	For	For

ISSUER NAME: THE BANK OF NEW YORK COMPANY, INC. MEETING DATE: 04/13/2004
TICKER: BK     SECURITY ID: 064057102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MR. BIONDI AS A DIRECTOR	Management	For	Withhold
1.2	ELECT MR. DONOFRIO AS A DIRECTOR	Management	For	Withhold
1.3	ELECT MR. GRIFFITH AS A DIRECTOR	Management	For	Withhold
1.4	ELECT MR. HASSELL AS A DIRECTOR	Management	For	Withhold
1.5	ELECT MR. KOGAN AS A DIRECTOR	Management	For	Withhold
1.6	ELECT MR. KOWALSKI AS A DIRECTOR	Management	For	Withhold
1.7	ELECT MR. LUKE AS A DIRECTOR	Management	For	Withhold
1.8	ELECT MR. MALONE AS A DIRECTOR	Management	For	Withhold
1.9	ELECT MR. MYNERS AS A DIRECTOR	Management	For	Withhold
1.10	ELECT MR. POZEN AS A DIRECTOR	Management	For	Withhold
1.11	ELECT MS. REIN AS A DIRECTOR	Management	For	Withhold
1.12	ELECT MR. RENYI AS A DIRECTOR	Management	For	Withhold
1.13	ELECT MR. RICHARDSON AS A DIRECTOR	Management	For	Withhold
1.14	ELECT MR. ROBERTS AS A DIRECTOR	Management	For	Withhold
1.15	ELECT MR. SCOTT AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF AUDITORS	Management	For	For
3	APPROVAL OF AN AMENDMENT TO THE 2004 MANAGEMENT INCENTIVE COMPENSATION PLAN	Management	For	For
4	SHAREHOLDER PROPOSAL WITH RESPECT TO POLITICAL CONTRIBUTIONS	Shareholder	Against	Against
5	SHAREHOLDER PROPOSAL WITH RESPECT TO EXECUTIVE COMPENSATION	Shareholder	Against	Against
6	SHAREHOLDER PROPOSAL WITH RESPECT TO THE COMPOSITION OF THE RISK COMMITTEE	Shareholder	Against	Against
7	SHAREHOLDER PROPOSAL WITH RESPECT TO THE COMPANY S RIGHTS PLAN	Shareholder	Against	For

ISSUER NAME: UCBH HOLDINGS, INC. MEETING DATE: 04/29/2004
TICKER: UCBH     SECURITY ID: 90262T308
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ANTHONY Y. CHAN AS A DIRECTOR	Management	For	For
1.2	ELECT JOSEPH J. JOU AS A DIRECTOR	Management	For	For
1.3	ELECT DR. GODWIN WONG AS A DIRECTOR	Management	For	For
1.4	ELECT THOMAS S. WU AS A DIRECTOR	Management	For	For
2	THE APPROVAL OF THE AMENDMENT TO THE COMPANY S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO DELETE SECTION C OF ARTICLE FOURTH.	Management	For	For
3	THE RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: W HOLDING COMPANY, INC. MEETING DATE: 05/18/2004
TICKER: WHI     SECURITY ID: 929251106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CESAR A. RUIZ AS A DIRECTOR	Management	For	For
1.2	ELECT PEDRO R. DOMINGUEZ AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP, AS INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: WASHINGTON FEDERAL, INC. MEETING DATE: 01/21/2004
TICKER: WFSL     SECURITY ID: 938824109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS F. KENNEY* AS A DIRECTOR	Management	For	For
1.2	ELECT DEREK L. CHINN** AS A DIRECTOR	Management	For	For
1.3	ELECT W. ALDEN HARRIS** AS A DIRECTOR	Management	For	For
1.4	ELECT GUY C. PINKERTON** AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT AUDITORS OF WASHINGTON FEDERAL FOR FISCAL YEAR 2004.	Management	For	For

ISSUER NAME: WEBSTER FINANCIAL CORPORATION MEETING DATE: 04/22/2004
TICKER: WBS     SECURITY ID: 947890109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOEL S. BECKER AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM T. BROMAGE AS A DIRECTOR	Management	For	For
1.3	ELECT JAMES C. SMITH AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT BY THE BOARD OF DIRECTORS OF THE FIRM OF KPMG LLP AS INDEPENDENT AUDITORS OF WEBSTER FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004.	Management	For	For

ISSUER NAME: WELLS FARGO & COMPANY MEETING DATE: 04/27/2004
TICKER: WFC     SECURITY ID: 949746101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT J.A. BLANCHARD III AS A DIRECTOR	Management	For	For
1.2	ELECT SUSAN E. ENGEL AS A DIRECTOR	Management	For	For
1.3	ELECT ENRIQUE HERNANDEZ, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT L. JOSS AS A DIRECTOR	Management	For	For
1.5	ELECT REATHA CLARK KING AS A DIRECTOR	Management	For	For
1.6	ELECT RICHARD M. KOVACEVICH AS A DIRECTOR	Management	For	For
1.7	ELECT RICHARD D. MCCORMICK AS A DIRECTOR	Management	For	For
1.8	ELECT CYNTHIA H. MILLIGAN AS A DIRECTOR	Management	For	For
1.9	ELECT PHILIP J. QUIGLEY AS A DIRECTOR	Management	For	For
1.10	ELECT DONALD B. RICE AS A DIRECTOR	Management	For	For
1.11	ELECT JUDITH M. RUNSTAD AS A DIRECTOR	Management	For	For
1.12	ELECT STEPHEN W. SANGER AS A DIRECTOR	Management	For	For
1.13	ELECT SUSAN G. SWENSON AS A DIRECTOR	Management	For	For
1.14	ELECT MICHAEL W. WRIGHT AS A DIRECTOR	Management	For	For
2	PROPOSAL TO APPROVE THE COMPANY S SUPPLEMENTAL 401(K) PLAN.	Management	For	For
3	PROPOSAL TO RATIFY APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS FOR 2004.	Management	For	For
4	STOCKHOLDER PROPOSAL REGARDING EXPENSING STOCK OPTIONS.	Shareholder	Against	Against
5	STOCKHOLDER PROPOSAL REGARDING RESTRICTED STOCK.	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION AND PREDATORY LENDING.	Shareholder	Against	Against
7	STOCKHOLDER PROPOSAL REGARDING POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against