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 Biotechnology 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: 06/30/2007

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/ KIMBERLEY MONASTERIO*
KIMBERLEY MONASTERIO, TREASURER
DATE: 08/10/2007 07:33:20 PM

*BY:  /s/ CLAIRE S. WALPOLE
CLAIRE S. WALPOLE, VICE PRESIDENT, FIDELITY MANAGEMENT & RESEARCH COMPANY, PURSUANT TO A POWER OF ATTORNEY DATED JULY 10, 2007 AND FILED HEREWITH.

VOTE SUMMARY REPORT
Select Biotechnology Portfolio
07/01/2006- 06/30/2007

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: ACADIA PHARMACEUTICALS INC. MEETING DATE: 06/15/2007
TICKER: ACAD     SECURITY ID: 004225108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT GORDON BINDER AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT LESLIE L. IVERSEN AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION BY THE AUDIT COMMITTEE OF OUR BOARD OF DIRECTORS OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ACORDA THERAPEUTICS, INC. MEETING DATE: 06/05/2007
TICKER: ACOR     SECURITY ID: 00484M106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT SANDRA PANEM, PH.D. AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT WISE YOUNG, PH.D., M.D AS A DIRECTOR	Management	For	Withhold
2	TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
3	TO TRANSACT SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.	Management	For	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AFFYMAX, INC. MEETING DATE: 05/31/2007
TICKER: AFFY     SECURITY ID: 00826A109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT KATHLEEN LAPORTE AS A DIRECTOR	Management	For	For
1. 2	ELECT ELIZABETH A. CZEREPAK AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF AFFYMAX FOR ITS FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AKORN, INC. MEETING DATE: 05/24/2007
TICKER: AKRX     SECURITY ID: 009728106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN N. KAPOOR, PH.D. AS A DIRECTOR	Management	For	For
1. 2	ELECT ARTHUR S. PRZYBYL AS A DIRECTOR	Management	For	For
1. 3	ELECT JERRY N. ELLIS AS A DIRECTOR	Management	For	For
1. 4	ELECT RONALD M. JOHNSON AS A DIRECTOR	Management	For	For
1. 5	ELECT JERRY I. TREPPEL AS A DIRECTOR	Management	For	For
1. 6	ELECT SUBHASH KAPRE, PH.D. AS A DIRECTOR	Management	For	For
1. 7	ELECT RANDALL J. WALL AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE SELECTION OF BDO SEIDMAN, LLP TO SERVE AS AKORN S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALEXION PHARMACEUTICALS, INC. MEETING DATE: 05/03/2007
TICKER: ALXN     SECURITY ID: 015351109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT LEONARD BELL AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT DAVID W. KEISER AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT MAX LINK AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT JOSEPH A. MADRI AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT LARRY L. MATHIS AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT R. DOUGLAS NORBY AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT ALVIN S. PARVEN AS A DIRECTOR	Management	For	Withhold
1. 8	ELECT RUEDI E. WAEGER AS A DIRECTOR	Management	For	Withhold
2	APPROVAL OF THE AMENDMENT TO 2004 INCENTIVE PLAN, AS DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT, INCLUDING TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AVAILABLE FOR ISSUANCE BY 1.2 MILLION SHARES (SUBJECT TO ADJUSTMENT IN THE EVENT OF STOCK SPLITS AND OTHER SIMILAR EVENTS).	Management	For	For
3	RATIFICATION OF APPOINTMENT BY THE BOARD OF DIRECTORS OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALKERMES, INC. MEETING DATE: 09/21/2006
TICKER: ALKS     SECURITY ID: 01642T108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT FLOYD E. BLOOM AS A DIRECTOR	Management	For	For
1. 2	ELECT ROBERT A. BREYER AS A DIRECTOR	Management	For	For
1. 3	ELECT GERRI HENWOOD AS A DIRECTOR	Management	For	For
1. 4	ELECT PAUL J. MITCHELL AS A DIRECTOR	Management	For	For
1. 5	ELECT RICHARD F. POPS AS A DIRECTOR	Management	For	For
1. 6	ELECT ALEXANDER RICH AS A DIRECTOR	Management	For	For
1. 7	ELECT PAUL SCHIMMEL AS A DIRECTOR	Management	For	For
1. 8	ELECT MARK B. SKALETSKY AS A DIRECTOR	Management	For	For
1. 9	ELECT MICHAEL A. WALL AS A DIRECTOR	Management	For	For
2	TO APPROVE AN AMENDMENT TO THE 1999 STOCK OPTION PLAN TO INCREASE THE NUMBER OF SHARES ISSUABLE UPON EXERCISE OF OPTIONS GRANTED THEREUNDER, BY 1,000,000 SHARES.	Management	For	For
3	TO APPROVE AN AMENDMENT TO THE 2002 RESTRICTED STOCK AWARD PLAN TO INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE THEREUNDER, BY 300,000 SHARES.	Management	For	Against
4	TO APPROVE THE 2006 STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS WHICH PROVIDES FOR THE ISSUANCE OF OPTIONS TO ACQUIRE UP TO 240,000 SHARES OF COMMON STOCK OF THE COMPANY.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALNYLAM PHARMACEUTICALS, INC. MEETING DATE: 06/01/2007
TICKER: ALNY     SECURITY ID: 02043Q107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT VICTOR J. DZAU, M.D. AS A DIRECTOR	Management	For	For
1. 2	ELECT KEVIN P. STARR AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT BY THE BOARD OF DIRECTORS OF PRICEWATERHOUSECOOPERS LLP, AN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALTUS PHARMACEUTICALS, INC. MEETING DATE: 07/27/2006
TICKER: ALTU     SECURITY ID: 02216N105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN P. RICHARD AS A DIRECTOR	Management	For	For
1. 2	ELECT STEWART HEN AS A DIRECTOR	Management	For	For
1. 3	ELECT HARRY H. PENNER, JR. AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR OUR FISCAL YEAR ENDING DECEMBER 31, 2006.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALTUS PHARMACEUTICALS, INC. MEETING DATE: 06/27/2007
TICKER: ALTU     SECURITY ID: 02216N105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JONATHAN S. LEFF* AS A DIRECTOR	Management	For	For
1. 2	ELECT DAVID D. PENDERGAST* AS A DIRECTOR	Management	For	For
1. 3	ELECT JONATHAN D. ROOT* AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR OUR FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AMGEN INC. MEETING DATE: 05/09/2007
TICKER: AMGN     SECURITY ID: 031162100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: MR. FRANK J. BIONDI, JR.	Management	For	For
2	ELECTION OF DIRECTOR: MR. JERRY D. CHOATE	Management	For	For
3	ELECTION OF DIRECTOR: MR. FRANK C. HERRINGER	Management	For	For
4	ELECTION OF DIRECTOR: DR. GILBERT S. OMENN	Management	For	For
5	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE YEAR ENDING DECEMBER 31, 2007.	Management	For	For
6	TO APPROVE THE AMENDMENTS TO THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION ELIMINATING THE CLASSIFICATION OF THE BOARD OF DIRECTORS.	Management	For	For
7	TO APPROVE THE AMENDMENTS TO THE COMPANY S AMENDED AND RESTATED BYLAWS ELIMINATING THE CLASSIFICATION OF THE BOARD OF DIRECTORS.	Management	For	For
8	STOCKHOLDER PROPOSAL #1 (ANIMAL WELFARE POLICY).	Shareholder	Against	Abstain
9	STOCKHOLDER PROPOSAL #2 (SUSTAINABILITY REPORT).	Shareholder	Against	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AMYLIN PHARMACEUTICALS, INC. MEETING DATE: 05/23/2007
TICKER: AMLN     SECURITY ID: 032346108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEVEN R. ALTMAN AS A DIRECTOR	Management	For	For
1. 2	ELECT TERESA BECK AS A DIRECTOR	Management	For	For
1. 3	ELECT DANIEL M. BRADBURY AS A DIRECTOR	Management	For	For
1. 4	ELECT JOSEPH C. COOK, JR. AS A DIRECTOR	Management	For	For
1. 5	ELECT KARIN EASTHAM AS A DIRECTOR	Management	For	For
1. 6	ELECT JAMES R. GAVIN III AS A DIRECTOR	Management	For	For
1. 7	ELECT GINGER L. GRAHAM AS A DIRECTOR	Management	For	For
1. 8	ELECT HOWARD E. GREENE, JR. AS A DIRECTOR	Management	For	For
1. 9	ELECT JAY S. SKYLER AS A DIRECTOR	Management	For	For
1. 10	ELECT JOSEPH P. SULLIVAN AS A DIRECTOR	Management	For	For
1. 11	ELECT JAMES N. WILSON AS A DIRECTOR	Management	For	For
2	TO APPROVE AN INCREASE OF 250,000,000 SHARES IN THE AGGREGATE NUMBER OF SHARES OF THE COMPANY S COMMON STOCK AUTHORIZED FOR ISSUANCE UNDER THE COMPANY S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION.	Management	For	For
3	TO APPROVE AN INCREASE OF 1,000,000 SHARES IN THE AGGREGATE NUMBER OF SHARES OF THE COMPANY S COMMON STOCK AUTHORIZED FOR ISSUANCE UNDER THE COMPANY S 2001 EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
4	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS OF THE COMPANY FOR ITS FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: APPLERA CORPORATION MEETING DATE: 10/19/2006
TICKER: ABI     SECURITY ID: 038020103
TICKER: CRA     SECURITY ID: 038020202
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT RICHARD H. AYERS AS A DIRECTOR	Management	For	For
1. 2	ELECT JEAN-LUC BELINGARD AS A DIRECTOR	Management	For	For
1. 3	ELECT ROBERT H. HAYES AS A DIRECTOR	Management	For	For
1. 4	ELECT ARNOLD J. LEVINE AS A DIRECTOR	Management	For	For
1. 5	ELECT WILLIAM H. LONGFIELD AS A DIRECTOR	Management	For	For
1. 6	ELECT THEODORE E. MARTIN AS A DIRECTOR	Management	For	For
1. 7	ELECT CAROLYN W. SLAYMAN AS A DIRECTOR	Management	For	For
1. 8	ELECT ORIN R. SMITH AS A DIRECTOR	Management	For	For
1. 9	ELECT JAMES R. TOBIN AS A DIRECTOR	Management	For	For
1. 10	ELECT TONY L. WHITE AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING JUNE 30, 2007.	Management	For	For
3	APPROVAL OF AMENDMENTS TO THE APPLERA CORPORATION RESTATED CERTIFICATE OF INCORPORATION.	Management	For	For
4	APPROVAL OF AMENDMENTS TO THE APPLERA CORPORATION/APPLIED BIOSYSTEMS GROUP AMENDED AND RESTATED 1999 STOCK INCENTIVE PLAN.	Management	For	Against
5	APPROVAL OF AMENDMENTS TO THE APPLERA CORPORATION/CELERA GENOMICS GROUP AMENDED AND RESTATED 1999 STOCK INCENTIVE PLAN.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ARENA PHARMACEUTICALS, INC. MEETING DATE: 06/11/2007
TICKER: ARNA     SECURITY ID: 040047102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JACK LIEF AS A DIRECTOR	Management	For	For
1. 2	ELECT DOMINIC P. BEHAN, PH.D. AS A DIRECTOR	Management	For	For
1. 3	ELECT DONALD D. BELCHER AS A DIRECTOR	Management	For	For
1. 4	ELECT SCOTT H. BICE AS A DIRECTOR	Management	For	For
1. 5	ELECT HARRY F HIXSON, JR, PHD AS A DIRECTOR	Management	For	For
1. 6	ELECT J.C. LA FORCE, JR, PHD AS A DIRECTOR	Management	For	For
1. 7	ELECT TINA S. NOVA, PH.D. AS A DIRECTOR	Management	For	For
1. 8	ELECT CHRISTINE A. WHITE, MD AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ARIAD PHARMACEUTICALS, INC. MEETING DATE: 06/19/2007
TICKER: ARIA     SECURITY ID: 04033A100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ATHANASE LAVIDAS, PH.D. AS A DIRECTOR	Management	For	For
1. 2	ELECT PETER J. NELSON AS A DIRECTOR	Management	For	For
2	THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS HAS SELECTED DELOITTE & TOUCHE LLP TO BE OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2007. THE BOARD OF DIRECTORS HAS RATIFIED THIS SELECTION. DELOITTE & TOUCHE LLP HAS SERVED AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM SINCE 1991.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: BIOGEN IDEC INC. MEETING DATE: 05/31/2007
TICKER: BIIB     SECURITY ID: 09062X103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. MULLEN AS A DIRECTOR	Management	For	For
1. 2	ELECT BRUCE R. ROSS AS A DIRECTOR	Management	For	For
1. 3	ELECT MARIJN E. DEKKERS AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CARDIOME PHARMA CORP. MEETING DATE: 06/11/2007
TICKER: CRME     SECURITY ID: 14159U202
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT W. RIEDER AS A DIRECTOR	Management	For	For
1. 2	ELECT PETER W. ROBERTS AS A DIRECTOR	Management	For	For
1. 3	ELECT JACKIE CLEGG AS A DIRECTOR	Management	For	For
1. 4	ELECT RICHARD M. GLICKMAN AS A DIRECTOR	Management	For	For
1. 5	ELECT HAROLD H. SHLEVIN AS A DIRECTOR	Management	For	For
1. 6	ELECT DOUGLAS G. JANZEN AS A DIRECTOR	Management	For	For
1. 7	ELECT WILLIAM L. HUNTER AS A DIRECTOR	Management	For	For
2	TO APPOINT KPMG LLP, CHARTERED ACCOUNTANTS, AS AUDITORS FOR THE CORPORATION	Management	For	For
3	TO AUTHORIZE THE DIRECTORS TO FIX THE AUDITORS REMUNERATION	Management	For	For
4	TO PASS THE ORDINARY RESOLUTION, THE FULL TEXT OF WHICH IS SET OUT IN THE INFORMATION CIRCULAR, TO RATIFY, CONFIRM AND APPROVE CERTAIN AMENDMENTS AND RELATED RESOLUTIONS RESPECTING THE CORPORATION S 2001 INCENTIVE STOCK OPTION PLAN.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CELGENE CORPORATION MEETING DATE: 06/12/2007
TICKER: CELG     SECURITY ID: 151020104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT SOL J. BARER, PH.D. AS A DIRECTOR	Management	For	For
1. 2	ELECT ROBERT J. HUGIN AS A DIRECTOR	Management	For	For
1. 3	ELECT MICHAEL D. CASEY AS A DIRECTOR	Management	For	For
1. 4	ELECT RODMAN L. DRAKE AS A DIRECTOR	Management	For	For
1. 5	ELECT A. HULL HAYES, JR., MD AS A DIRECTOR	Management	For	For
1. 6	ELECT GILLA KAPLAN, PH.D. AS A DIRECTOR	Management	For	For
1. 7	ELECT JAMES J. LOUGHLIN AS A DIRECTOR	Management	For	For
1. 8	ELECT RICHARD C.E. MORGAN AS A DIRECTOR	Management	For	For
1. 9	ELECT WALTER L. ROBB, PH.D. AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CEPHALON, INC. MEETING DATE: 05/17/2007
TICKER: CEPH     SECURITY ID: 156708109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT FRANK BALDINO, JR., PHD AS A DIRECTOR	Management	For	For
1. 2	ELECT WILLIAM P. EGAN AS A DIRECTOR	Management	For	For
1. 3	ELECT MARTYN D. GREENACRE AS A DIRECTOR	Management	For	For
1. 4	ELECT VAUGHN M. KAILIAN AS A DIRECTOR	Management	For	For
1. 5	ELECT KEVIN E. MOLEY AS A DIRECTOR	Management	For	For
1. 6	ELECT CHARLES A. SANDERS, M.D AS A DIRECTOR	Management	For	For
1. 7	ELECT GAIL R. WILENSKY, PH.D. AS A DIRECTOR	Management	For	For
1. 8	ELECT DENNIS L. WINGER AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENT TO THE CERTIFICATE OF INCORPORATION INCREASING THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE	Management	For	For
3	APPROVAL OF AMENDMENT TO THE 2004 EQUITY COMPENSATION PLAN INCREASING THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE	Management	For	Against
4	RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE YEAR ENDING DECEMBER 31, 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: COMBINATORX INC MEETING DATE: 05/31/2007
TICKER: CRXX     SECURITY ID: 20010A103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT SALLY CRAWFORD AS A DIRECTOR	Management	For	For
1. 2	ELECT MICHAEL KAUFFMAN AS A DIRECTOR	Management	For	For
1. 3	ELECT RICHARD POPS AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF ERNST & YOUNG LLP, AN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: COUGAR BIOTECHNOLOGY, INC. MEETING DATE: 06/11/2007
TICKER: CGRB     SECURITY ID: 222083107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT A.S. BELLDEGRUN MD FACS AS A DIRECTOR	Management	For	For
1. 2	ELECT ALAN H. AUERBACH AS A DIRECTOR	Management	For	For
1. 3	ELECT LINDSAY A ROSENWALD, MD AS A DIRECTOR	Management	For	For
1. 4	ELECT HAROLD J. MEYERS AS A DIRECTOR	Management	For	For
1. 5	ELECT MICHAEL S. RICHMAN AS A DIRECTOR	Management	For	For
1. 6	ELECT R.H. ELLISON, MD, MSC AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF J.H. COHN LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007	Management	For	For
3	PROPOSAL TO RATIFY AN AMENDMENT TO THE COMPANY S 2003 STOCK OPTION PLAN	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CUBIST PHARMACEUTICALS, INC. MEETING DATE: 06/07/2007
TICKER: CBST     SECURITY ID: 229678107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MICHAEL W. BONNEY AS A DIRECTOR	Management	For	For
1. 2	ELECT WALTER R. MAUPAY, JR. AS A DIRECTOR	Management	For	For
1. 3	ELECT SYLVIE GREGOIRE AS A DIRECTOR	Management	For	For
2	A PROPOSAL TO AMEND OUR RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 100,000,000 SHARES TO 150,000,000 SHARES.	Management	For	For
3	A PROPOSAL TO AMEND OUR AMENDED AND RESTATED 1997 EMPLOYEE STOCK PURCHASE PLAN TO EXTEND THE PLAN FOR AN ADDITIONAL TEN YEARS AND INCREASE THE NUMBER OF SHARES ISSUABLE UNDER THE PLAN BY 250,000.	Management	For	Against
4	A PROPOSAL TO AMEND OUR AMENDED AND RESTATED 2002 DIRECTORS EQUITY INCENTIVE PLAN TO ALLOW FOR THE ISSUANCE OF STOCK AWARDS AND TO INCREASE THE NUMBER OF SHARES ISSUABLE UNDER THE PLAN BY 300,000.	Management	For	Against
5	A PROPOSAL TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT AUDITOR FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CYPRESS BIOSCIENCE, INC. MEETING DATE: 06/11/2007
TICKER: CYPB     SECURITY ID: 232674507
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROGER L. HAWLEY AS A DIRECTOR	Management	For	For
1. 2	ELECT TINA S. NOVA AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP BY THE AUDIT COMMITTEE OF THE COMPANY S BOARD OF DIRECTORS AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CYTOKINETICS, INCORPORATED MEETING DATE: 05/24/2007
TICKER: CYTK     SECURITY ID: 23282W100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEPHEN DOW AS A DIRECTOR	Management	For	For
1. 2	ELECT MARK MCDADE AS A DIRECTOR	Management	For	For
1. 3	ELECT MICHAEL SCHMERTZLER AS A DIRECTOR	Management	For	For
2	SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CYTOS BIOTECHNOLOGY AG, SCHLIEREN MEETING DATE: 04/25/2007
TICKER: --     SECURITY ID: H1754L101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	THE PRACTICE OF SHARE BLOCKING VARIES WIDELY IN THIS MARKET. PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE TO OBTAIN BLOCKING INFORMATION FOR YOUR ACCOUNTS.	N/A	N/A	N/A
2	TO VOTE IN THE UPCOMING MEETING, YOUR NAME MUST BE NOTIFIED TO THE COMPANY REGISTRAR AS BENEFICIAL OWNER BEFORE THE RECORD DATE. PLEASE ADVISE US NOW IF YOU INTEND TO VOTE. NOTE THAT THE COMPANY REGISTRAR HAS DISCRETION OVER GRANTING VOTING RIGHTS. ONCE THE AGENDA IS AVAILABLE, A SECOND NOTIFICATION WILL BE ISSUED REQUESTING YOUR VOTING INSTRUCTIONS	Management	Unknown	Take No Action
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CYTOS BIOTECHNOLOGY AG, SCHLIEREN MEETING DATE: 04/25/2007
TICKER: --     SECURITY ID: H1754L101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	THE PRACTICE OF SHARE BLOCKING VARIES WIDELY IN THIS MARKET. PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE TO OBTAIN BLOCKING INFORMATION FOR YOUR ACCOUNTS.	N/A	N/A	N/A
2	PLEASE NOTE THAT THIS IS THE PART II OF THE MEETING NOTICE SENT UNDER MEETING367021, INCLUDING THE AGENDA. TO VOTE IN THE UPCOMING MEETING, YOUR NAME MUST BE NOTIFIED TO THE COMPANY REGISTRAR AS BENEFICIAL OWNER BEFORE THE RE-REGISTRATION DEADLINE. PLEASE NOTE THAT THOSE INSTRUCTIONS THAT ARE SUBMITTED AFTER THE CUTOFF DATE WILL BE PROCESSED ON A BEST EFFORT BASIS. THANK YOU.	N/A	N/A	N/A
3	RECEIVE THE ANNUAL REPORT, THE ANNUAL FINANCIAL STATEMENTS AND THE CONSOLIDATED FINANCIAL STATEMENTS FOR 2006 AND ACKNOWLEDGE THE REPORTS OF THE AUDITOR AND THE GROUP AUDITOR	Management	Unknown	Take No Action
4	APPROVE THE APPROPRIATION OF BALANCE SHEET LOSS	Management	Unknown	Take No Action
5	GRANT DISCHARGE TO THE BOARD OF DIRECTORS AND THE MANAGEMENT	Management	Unknown	Take No Action
6	APPROVE THE EXTENSION OF AUTHORIZED CAPITAL OF CHF 100,000	Management	Unknown	Take No Action
7	APPROVE TO INCREASE THE CONDITIONAL SHARE CAPITAL OF CHF 20,000	Management	Unknown	Take No Action
8	RE-ELECT DR. FRANCOIS L. EPLATTENIER AS A MEMBER OF THE BOARD OF DIRECTORS	Management	Unknown	Take No Action
9	RE-ELECT DR. WOLFGANG A. RENNER AS A MEMBERS OF THE BOARD OF DIRECTORS	Management	Unknown	Take No Action
10	ELECT THE AUDITOR AND THE GROUP AUDITOR	Management	Unknown	Take No Action
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DENDREON CORPORATION MEETING DATE: 06/06/2007
TICKER: DNDN     SECURITY ID: 24823Q107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT GERARDO CANET AS A DIRECTOR	Management	For	For
1. 2	ELECT B. DZIURZYNSKI, D.P.A. AS A DIRECTOR	Management	For	For
1. 3	ELECT DOUGLAS G. WATSON AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE CURRENT YEAR.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ELAN CORPORATION, PLC MEETING DATE: 05/24/2007
TICKER: ELN     SECURITY ID: 284131208
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO RECEIVE AND CONSIDER THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2006 TOGETHER WITH THE REPORTS OF THE DIRECTORS AND AUDITORS THEREON.	Management	For	For
2	TO RE-ELECT MR. LAURENCE CROWLEY WHO RETIRES FROM THE BOARD IN ACCORDANCE WITH THE COMBINED CODE.	Management	For	For
3	TO RE-ELECT MR. KYRAN MCLAUGHLIN WHO RETIRES FROM THE BOARD BY ROTATION IN ACCORDANCE WITH THE ARTICLES OF ASSOCIATION.	Management	For	For
4	TO RE-ELECT DR. DENNIS SELKOE WHO RETIRES FROM THE BOARD BY ROTATION IN ACCORDANCE WITH THE ARTICLES OF ASSOCIATION.	Management	For	For
5	TO ELECT MR. WILLIAM ROHN WHO RETIRES FROM THE BOARD IN ACCORDANCE WITH THE ARTICLES OF ASSOCIATION.	Management	For	For
6	TO AUTHORISE THE DIRECTORS TO FIX THE REMUNERATION OF THE AUDITORS.	Management	For	For
7	TO AUTHORISE THE DIRECTORS TO ISSUE SECURITIES.	Management	For	For
8	TO AUTHORISE THE DISAPPLICATION OF PRE-EMPTION RIGHTS ON THE ALLOTMENT OF UP TO 40 MILLION SHARES FOR CASH.	Management	For	For
9	TO AUTHORISE THE COMPANY TO MAKE MARKET PURCHASES OF ITS OWN SHARES.	Management	For	For
10	TO SET THE RE-ISSUE PRICE RANGE FOR TREASURY SHARES.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ENCYSIVE PHARMACEUTICALS INC. MEETING DATE: 05/09/2007
TICKER: ENCY     SECURITY ID: 29256X107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN M. PIETRUSKI AS A DIRECTOR	Management	For	For
1. 2	ELECT RON J. ANDERSON AS A DIRECTOR	Management	For	For
1. 3	ELECT J. KEVIN BUCHI AS A DIRECTOR	Management	For	For
1. 4	ELECT ROBERT J. CRUIKSHANK AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN H. DILLON, II AS A DIRECTOR	Management	For	For
1. 6	ELECT RICHARD A.F. DIXON AS A DIRECTOR	Management	For	For
1. 7	ELECT BRUCE D. GIVEN AS A DIRECTOR	Management	For	For
1. 8	ELECT SUZANNE OPARIL AS A DIRECTOR	Management	For	For
1. 9	ELECT JAMES A. THOMSON AS A DIRECTOR	Management	For	For
1. 10	ELECT JAMES T. WILLERSON AS A DIRECTOR	Management	For	For
2	PROPOSAL TO ADOPT THE 2007 INCENTIVE PLAN.	Management	For	Against
3	PROPOSAL TO RATIFY KPMG LLP AS OUR INDEPENDENT AUDITOR FOR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ENZON PHARMACEUTICALS, INC. MEETING DATE: 05/16/2007
TICKER: ENZN     SECURITY ID: 293904108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JEFFREY H. BUCHALTER AS A DIRECTOR	Management	For	For
1. 2	ELECT GORAN A. ANDO, M.D. AS A DIRECTOR	Management	For	For
1. 3	ELECT VICTOR P. MICATI AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE ADOPTION OF THE 2007 EMPLOYEE STOCK PURCHASE PLAN.	Management	For	Against
3	RATIFICATION OF THE SELECTION OF KPMG LLP TO AUDIT THE CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: EXELIXIS, INC. MEETING DATE: 05/01/2007
TICKER: EXEL     SECURITY ID: 30161Q104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ALAN M. GARBER AS A DIRECTOR	Management	For	For
1. 2	ELECT VINCENT T. MARCHESI AS A DIRECTOR	Management	For	For
1. 3	ELECT CARL B. FELDBAUM AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS EXELIXIS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 28, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: GEN-PROBE INCORPORATED MEETING DATE: 05/31/2007
TICKER: GPRO     SECURITY ID: 36866T103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: MAE C. JEMISON, M.D.	Management	For	Against
2	ELECTION OF DIRECTOR: ARMIN M. KESSLER	Management	For	For
3	TO APPROVE THE GEN-PROBE INCORPORATED 2007 EXECUTIVE BONUS PLAN.	Management	For	For
4	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: GENENTECH, INC. MEETING DATE: 04/20/2007
TICKER: DNA     SECURITY ID: 368710406
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT HERBERT W. BOYER AS A DIRECTOR	Management	For	For
1. 2	ELECT WILLIAM M. BURNS AS A DIRECTOR	Management	For	For
1. 3	ELECT ERICH HUNZIKER AS A DIRECTOR	Management	For	For
1. 4	ELECT JONATHAN K.C. KNOWLES AS A DIRECTOR	Management	For	For
1. 5	ELECT ARTHUR D. LEVINSON AS A DIRECTOR	Management	For	For
1. 6	ELECT DEBRA L. REED AS A DIRECTOR	Management	For	For
1. 7	ELECT CHARLES A. SANDERS AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF GENENTECH FOR THE YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: GENZYME CORPORATION MEETING DATE: 05/24/2007
TICKER: GENZ     SECURITY ID: 372917104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DOUGLAS A. BERTHIAUME AS A DIRECTOR	Management	For	For
1. 2	ELECT GAIL K. BOUDREAUX AS A DIRECTOR	Management	For	For
2	A PROPOSAL TO AMEND THE 2004 EQUITY INCENTIVE PLAN TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK COVERED BY THE PLAN BY 3,500,000 SHARES AND TO MERGE OUR 1997 EQUITY INCENTIVE PLAN INTO THE 2004 PLAN.	Management	For	Against
3	A PROPOSAL TO APPROVE THE 2007 DIRECTOR EQUITY PLAN.	Management	For	Against
4	A PROPOSAL TO AMEND THE 1999 EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK COVERED BY THE PLAN BY 1,500,000 SHARES.	Management	For	Against
5	A PROPOSAL TO AMEND OUR BYLAWS TO PROVIDE FOR MAJORITY VOTING FOR THE ELECTION OF DIRECTORS IN UNCONTESTED ELECTIONS.	Management	For	For
6	A PROPOSAL TO RATIFY THE SELECTION OF INDEPENDENT AUDITORS FOR 2007.	Management	For	For
7	A SHAREHOLDER PROPOSAL THAT EXECUTIVE SEVERANCE AGREEMENTS BE APPROVED BY SHAREHOLDERS.	Shareholder	Against	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: GILEAD SCIENCES, INC. MEETING DATE: 05/09/2007
TICKER: GILD     SECURITY ID: 375558103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT PAUL BERG AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN F. COGAN AS A DIRECTOR	Management	For	For
1. 3	ELECT ETIENNE F. DAVIGNON AS A DIRECTOR	Management	For	For
1. 4	ELECT JAMES M. DENNY AS A DIRECTOR	Management	For	For
1. 5	ELECT CARLA A. HILLS AS A DIRECTOR	Management	For	For
1. 6	ELECT JOHN W. MADIGAN AS A DIRECTOR	Management	For	For
1. 7	ELECT JOHN C. MARTIN AS A DIRECTOR	Management	For	For
1. 8	ELECT GORDON E. MOORE AS A DIRECTOR	Management	For	For
1. 9	ELECT NICHOLAS G. MOORE AS A DIRECTOR	Management	For	For
1. 10	ELECT GAYLE E. WILSON AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF GILEAD FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
3	TO APPROVE THE PROPOSED AMENDMENT TO GILEAD S 2004 EQUITY INCENTIVE PLAN.	Management	For	For
4	TO APPROVE THE PROPOSED AMENDMENT TO GILEAD S EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: GTX, INC. MEETING DATE: 05/02/2007
TICKER: GTXI     SECURITY ID: 40052B108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MICHAEL G. CARTER, M.D. AS A DIRECTOR	Management	For	For
1. 2	ELECT J.R. HYDE, III AS A DIRECTOR	Management	For	For
1. 3	ELECT TIMOTHY R.G. SEAR AS A DIRECTOR	Management	For	For
1. 4	ELECT MITCH S. STEINER, M.D. AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS GTX S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: HALOZYME THERAPEUTICS, INC. MEETING DATE: 05/15/2007
TICKER: HTI     SECURITY ID: 40637H109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT L. ENGLER AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT GREGORY I. FROST AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT CONNIE L. MATSUI AS A DIRECTOR	Management	For	Withhold
2	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: HUMAN GENOME SCIENCES, INC. MEETING DATE: 05/02/2007
TICKER: HGSI     SECURITY ID: 444903108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT RICHARD J DANZIG AS A DIRECTOR	Management	For	For
1. 2	ELECT JURGEN DREWS, M.D. AS A DIRECTOR	Management	For	For
1. 3	ELECT A N JERRY KARABELAS PHD AS A DIRECTOR	Management	For	For
2	TO APPROVE THE ADOPTION OF THE COMPANY S EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
3	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: IMCLONE SYSTEMS INCORPORATED MEETING DATE: 09/20/2006
TICKER: IMCL     SECURITY ID: 45245W109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ANDREW G. BODNAR AS A DIRECTOR	Management	For	For
1. 2	ELECT WILLIAM W. CROUSE AS A DIRECTOR	Management	For	For
1. 3	ELECT ALEXANDER J. DENNER AS A DIRECTOR	Management	For	For
1. 4	ELECT VINCENT T. DEVITA, JR. AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN A. FAZIO AS A DIRECTOR	Management	For	For
1. 6	ELECT JOSEPH L. FISCHER AS A DIRECTOR	Management	For	For
1. 7	ELECT CARL C. ICAHN AS A DIRECTOR	Management	For	For
1. 8	ELECT DAVID M. KIES AS A DIRECTOR	Management	For	For
1. 9	ELECT WILLIAM R. MILLER AS A DIRECTOR	Management	For	For
1. 10	ELECT RICHARD C. MULLIGAN AS A DIRECTOR	Management	For	For
1. 11	ELECT DAVID SIDRANSKY AS A DIRECTOR	Management	For	For
1. 12	ELECT CHARLES WOLER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP TO SERVE AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2006.	Management	For	For
3	APPROVAL OF THE IMCLONE SYSTEMS INCORPORATED 2006 STOCK INCENTIVE PLAN.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: INFINITY PHARMACEUTICALS, INC. MEETING DATE: 05/30/2007
TICKER: INFI     SECURITY ID: 45665G303
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF CLASS I DIRECTOR: ERIC S. LANDER, PH.D.	Management	For	For
2	ELECTION OF CLASS I DIRECTOR: FRANKLIN H. MOSS, PH.D.	Management	For	For
3	ELECTION OF CLASS I DIRECTOR: HERM ROSENMAN	Management	For	For
4	ELECTION OF CLASS I DIRECTOR: JAMES B. TANANBAUM, PH.D.	Management	For	For
5	TO APPROVE THE AMENDMENT AND RESTATEMENT OF OUR CERTIFICATE OF INCORPORATION TO DECLASSIFY OUR BOARD AND PROVIDE FOR THE ANNUAL ELECTION OF DIRECTORS BEGINNING AT THE 2008 ANNUAL MEETING OF STOCKHOLDERS AND TO ALLOW FOR THE REMOVAL OF DIRECTORS WITHOUT CAUSE AND CERTAIN OTHER CHANGES.	Management	For	For
6	TO APPROVE THE AMENDMENT OF ARTICLE III, SECTIONS 1 AND 13 AND ARTICLE X, SECTION 1(B) AND (C) OF OUR BY-LAWS TO DECLASSIFY OUR BOARD AND PROVIDE FOR THE ANNUAL ELECTION OF DIRECTORS BEGINNING AT THE 2008 ANNUAL MEETING OF STOCKHOLDERS AND TO ALLOW FOR THE REMOVAL OF DIRECTORS WITHOUT CAUSE AND CERTAIN OTHER CHANGES.	Management	For	For
7	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE CURRENT FISCAL YEAR.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ISIS PHARMACEUTICALS, INC. MEETING DATE: 05/17/2007
TICKER: ISIS     SECURITY ID: 464330109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STANLEY T. CROOKE AS A DIRECTOR	Management	For	For
1. 2	ELECT JOSEPH KLEIN, III AS A DIRECTOR	Management	For	For
1. 3	ELECT JOHN C. REED AS A DIRECTOR	Management	For	Withhold
2	TO RATIFY THE AUDIT COMMITTEE S SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR OUR 2007 FISCAL YEAR.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ITHAKA ACQUISITION CORP. MEETING DATE: 06/21/2007
TICKER: ITHK     SECURITY ID: 465707107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO ADOPT THE AGREEMENT AND PLAN OF MERGER, AS AMENDED.	Management	For	For
2	IF YOU HAVE VOTED AGAINST PROPOSAL 1 AND ARE EXERCISING YOUR CONVERSION RIGHTS, YOU MUST CHECK THE AGAINST BOX. PLEASE CALL PAUL BROOKE AT 212-380-2242 FOR ADDITIONAL INFORMATION ON EXERCISING YOUR CONVERSION RIGHTS.	Management	Unknown	Abstain
3	TO APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO CHANGE THE NAME OF ITHAKA TO ALSIUS CORPORATION.	Management	For	For
4	THE APPROVAL OF AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES.	Management	For	For
5	THE APPROVAL OF AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO REMOVE THE PREAMBLE AND SECTIONS A THROUGH D, AND TO REDESIGNATE SECTION E OF ARTICLE SIXTH AS ARTICLE SIXTH.	Management	For	For
6	TO APPROVE THE ITHAKA 2006 EQUITY INCENTIVE PLAN.	Management	For	Against
7	A PROPOSAL TO ADJOURN THE SPECIAL MEETING, IF NECESSARY, TO PERMIT FURTHER SOLICITATION AND VOTE OF PROXIES.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: LIGAND PHARMACEUTICALS INCORPORATED MEETING DATE: 02/12/2007
TICKER: LGND     SECURITY ID: 53220K207
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE THE SALE OF ALL OR SUBSTANTIALLY ALL OF OUR ASSETS UNDER DELAWARE LAW THROUGH THE SALE OF OUR RIGHTS IN AND TO AVINZA (MORPHINE SULFATE EXTENDED-RELEASE CAPSULES), IN THE UNITED STATES, ITS TERRITORIES AND CANADA, PURSUANT TO THE ASSET PURCHASE AGREEMENT.	Management	For	For
2	TO AMEND LIGAND S 2002 STOCK INCENTIVE PLAN TO ALLOW EQUITABLE ADJUSTMENTS TO BE MADE TO OPTIONS OUTSTANDING UNDER THE PLAN IN THE EVENT OF THE PAYMENT OF A LARGE NON-RECURRING CASH DIVIDEND.	Management	For	Against
3	TO APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY, TO FACILITATE THE APPROVAL OF PROPOSALS 1 OR 2, INCLUDING TO PERMIT THE SOLICITATION OF ADDITIONAL PROXIES IF THERE ARE NOT SUFFICIENT VOTES AT THE TIME OF THE SPECIAL MEETING TO ESTABLISH A QUORUM OR TO APPROVE 1 OR 2.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: LIGAND PHARMACEUTICALS INCORPORATED MEETING DATE: 05/31/2007
TICKER: LGND     SECURITY ID: 53220K207
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JASON ARYEH AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT TODD C. DAVIS AS A DIRECTOR	Management	For	For
1. 3	ELECT ELIZABETH M. GREETHAM AS A DIRECTOR	Management	For	For
1. 4	ELECT JOHN L. HIGGINS AS A DIRECTOR	Management	For	For
1. 5	ELECT DAVID M. KNOTT AS A DIRECTOR	Management	For	For
1. 6	ELECT JOHN W. KOZARICH AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT JEFFREY R. PERRY AS A DIRECTOR	Management	For	Withhold
2	AMENDMENT OF 2002 STOCK INCENTIVE PLAN	Management	For	Against
3	RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED ACCOUNTING FIRM	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MANNKIND CORPORATION MEETING DATE: 05/24/2007
TICKER: MNKD     SECURITY ID: 56400P201
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ALFRED E. MANN AS A DIRECTOR	Management	For	For
1. 2	ELECT HAKAN S. EDSTROM AS A DIRECTOR	Management	For	For
1. 3	ELECT BARRY E. COHEN AS A DIRECTOR	Management	For	For
1. 4	ELECT RONALD J. CONSIGLIO AS A DIRECTOR	Management	For	For
1. 5	ELECT MICHAEL A. FRIEDMAN, MD AS A DIRECTOR	Management	For	For
1. 6	ELECT HEATHER MAY MURREN AS A DIRECTOR	Management	For	For
1. 7	ELECT KENT KRESA AS A DIRECTOR	Management	For	For
1. 8	ELECT DAVID H. MACCALLUM AS A DIRECTOR	Management	For	For
1. 9	ELECT HENRY L. NORDHOFF AS A DIRECTOR	Management	For	For
2	INCREASE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 90 MILLION TO 150 MILLION	Management	For	For
3	RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MARTEK BIOSCIENCES CORPORATION MEETING DATE: 03/15/2007
TICKER: MATK     SECURITY ID: 572901106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: DOUGLAS J. MACMASTER, JR.	Management	For	For
2	ELECTION OF DIRECTOR: EUGENE H. ROTBERG	Management	For	For
3	TO APPROVE A PROPOSED AMENDMENT TO OUR CERTIFICATE OF INCORPORATION TO DECLASSIFY OUR BOARD SO THAT, BEGINNING IN 2008, DIRECTORS WILL BE ELECTED FOR ONE-YEAR TERMS	Management	For	For
4	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MEDAREX, INC. MEETING DATE: 05/17/2007
TICKER: MEDX     SECURITY ID: 583916101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MR. ABHIJEET J. LELE* AS A DIRECTOR	Management	For	For
1. 2	ELECT MR. IRWIN LERNER* AS A DIRECTOR	Management	For	For
1. 3	ELECT DR. JULIUS A. VIDA* AS A DIRECTOR	Management	For	For
1. 4	ELECT MR. R.C. DINERSTEIN** AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE SELECTION BY THE BOARD OF ERNST & YOUNG LLP AS MEDAREX S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MEDIVATION INC MEETING DATE: 05/30/2007
TICKER: MDVN     SECURITY ID: 58501N101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DANIEL D. ADAMS AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT GREGORY H. BAILEY, M.D. AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT KIM D. BLICKENSTAFF AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT DAVID T. HUNG, M.D. AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT W. ANTHONY VERNON AS A DIRECTOR	Management	For	Withhold
2	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP, AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR ITS FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
3	TO APPROVE THE AMENDED AND RESTATED 2004 EQUITY INCENTIVE AWARD PLAN.	Management	For	Against
4	TO TRANSACT SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT OR POSTPONEMENT THEREOF.	Management	For	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MOMENTA PHARMACEUTICALS, INC. MEETING DATE: 06/13/2007
TICKER: MNTA     SECURITY ID: 60877T100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT PETER BARRETT AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT RAM SASISEKHARAN AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT BENNETT M. SHAPIRO AS A DIRECTOR	Management	For	Withhold
2	TO RATIFY THE SELECTION BY THE AUDIT COMMITTEE OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MYRIAD GENETICS, INC. MEETING DATE: 11/16/2006
TICKER: MYGN     SECURITY ID: 62855J104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT S. ATTIYEH AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN T. HENDERSON, M.D. AS A DIRECTOR	Management	For	For
2	PROPOSAL TO AMEND THE 2003 EMPLOYEE, DIRECTOR AND CONSULTANT STOCK OPTION PLAN TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AVAILABLE FOR ISSUANCE THEREUNDER BY 1,500,000 SHARES.	Management	For	Against
3	PROPOSAL TO AMEND THE EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AVAILABLE FOR ISSUANCE THEREUNDER BY 400,000 SHARES.	Management	For	Against
4	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING JUNE 30, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: NEUROCRINE BIOSCIENCES, INC. MEETING DATE: 06/01/2007
TICKER: NBIX     SECURITY ID: 64125C109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CORINNE H. LYLE AS A DIRECTOR	Management	For	For
1. 2	ELECT RICHARD F. POPS AS A DIRECTOR	Management	For	For
1. 3	ELECT STEPHEN A. SHERWIN AS A DIRECTOR	Management	For	For
2	TO APPROVE AN AMENDMENT TO THE COMPANY S 2003 INCENTIVE STOCK PLAN, AS AMENDED, TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK RESERVED FOR ISSUANCE THEREUNDER FROM 4,300,000 TO 4,800,000.	Management	For	For
3	TO CONSIDER A STOCKHOLDER PROPOSAL TO DECLASSIFY THE BOARD OF DIRECTORS.	Shareholder	Against	For
4	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: NOVACEA, INC. MEETING DATE: 06/08/2007
TICKER: NOVC     SECURITY ID: 66987B103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. BLAIR AS A DIRECTOR	Management	For	For
1. 2	ELECT CAMILLE D. SAMUELS AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF NOVACEA, INC. FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: OMRIX BIOPHARMACEUTICALS, INC. MEETING DATE: 05/31/2007
TICKER: OMRI     SECURITY ID: 681989109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT FREDRIC D. PRICE AS A DIRECTOR	Management	For	For
1. 2	ELECT LARRY ELLBERGER AS A DIRECTOR	Management	For	For
1. 3	ELECT BERNARD HOROWITZ, PH.D. AS A DIRECTOR	Management	For	For
1. 4	ELECT KEVIN RAKIN AS A DIRECTOR	Management	For	For
1. 5	ELECT PHILIPPE ROMAGNOLI AS A DIRECTOR	Management	For	For
1. 6	ELECT STEVEN ST. PETER, M.D. AS A DIRECTOR	Management	For	For
1. 7	ELECT ROBERT TAUB AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE SELECTION BY THE BOARD OF KOST FORER GABBAY & KASIERER, A MEMBER OF ERNST & YOUNG GLOBAL, AS OMRIX INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ONYX PHARMACEUTICALS, INC. MEETING DATE: 05/25/2007
TICKER: ONXX     SECURITY ID: 683399109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CORINNE H. LYLE AS A DIRECTOR	Management	For	For
1. 2	ELECT THOMAS G. WIGGANS AS A DIRECTOR	Management	For	For
2	TO APPROVE AN AMENDMENT TO THE COMPANY S 2005 EQUITY INCENTIVE PLAN TO INCREASE THE AGGREGATE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE UNDER THAT PLAN BY 1,600,000 SHARES.	Management	For	For
3	TO APPROVE AN AMENDMENT TO THE COMPANY S 1996 EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE AGGREGATE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE UNDER THAT PLAN BY 500,000 SHARES.	Management	For	For
4	TO RATIFY THE SELECTION BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR OUR FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: OSI PHARMACEUTICALS, INC. MEETING DATE: 06/13/2007
TICKER: OSIP     SECURITY ID: 671040103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT A. INGRAM AS A DIRECTOR	Management	For	For
1. 2	ELECT COLIN GODDARD, PHD AS A DIRECTOR	Management	For	For
1. 3	ELECT SANTO J. COSTA AS A DIRECTOR	Management	For	For
1. 4	ELECT DARYL K. GRANNER, M.D. AS A DIRECTOR	Management	For	For
1. 5	ELECT JOSEPH KLEIN, III AS A DIRECTOR	Management	For	For
1. 6	ELECT KENNETH B. LEE, JR. AS A DIRECTOR	Management	For	For
1. 7	ELECT VIREN MEHTA AS A DIRECTOR	Management	For	For
1. 8	ELECT DAVID W. NIEMIEC AS A DIRECTOR	Management	For	For
1. 9	ELECT HERBERT PINEDO, MD, PHD AS A DIRECTOR	Management	For	For
1. 10	ELECT KATHARINE B. STEVENSON AS A DIRECTOR	Management	For	For
1. 11	ELECT JOHN P. WHITE AS A DIRECTOR	Management	For	For
2	PROPOSAL TO AMEND THE OSI PHARMACEUTICALS, INC. AMENDED AND RESTATED STOCK INCENTIVE PLAN TO INCREASE THE NUMBER OF SHARES AVAILABLE UNDER THE PLAN.	Management	For	For
3	PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE CORPORATION FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PDL BIOPHARMA, INC. MEETING DATE: 06/20/2007
TICKER: PDLI     SECURITY ID: 69329Y104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT LAURENCE J. KORN, PH.D. AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT SAMUEL BRODER, M.D. AS A DIRECTOR	Management	For	Withhold
2	TO APPROVE AN AMENDMENT TO THE COMPANY S 2005 EQUITY INCENTIVE PLAN TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE UNDER THE PLAN BY 2,900,000 SHARES.	Management	For	Against
3	TO APPROVE AN AMENDMENT TO THE COMPANY S 1993 EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE UNDER THE PLAN BY 500,000 SHARES.	Management	For	For
4	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PHARMION CORPORATION MEETING DATE: 06/06/2007
TICKER: PHRM     SECURITY ID: 71715B409
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT BRIAN G. ATWOOD AS A DIRECTOR	Management	For	For
1. 2	ELECT M. JAMES BARRETT AS A DIRECTOR	Management	For	For
1. 3	ELECT EDWARD J. MCKINLEY AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS PHARMION CORPORATION S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: QIAGEN N.V. MEETING DATE: 06/20/2007
TICKER: QGEN     SECURITY ID: N72482107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PROPOSAL TO ADOPT THE ANNUAL ACCOUNTS FOR THE YEAR ENDED DECEMBER 31, 2006 ( FISCAL YEAR 2006 ).	Management	For	For
2	PROPOSAL TO APPROVE THE PERFORMANCE OF THE MANAGING BOARD DURING FISCAL YEAR 2006, INCLUDING A DISCHARGE FROM LIABILITY WITH RESPECT TO THE EXERCISE OF THEIR DUTIES DURING FISCAL YEAR 2006.	Management	For	For
3	PROPOSAL TO APPROVE THE PERFORMANCE OF THE SUPERVISORY BOARD DURING FISCAL YEAR 2006, INCLUDING A DISCHARGE FROM LIABILITY.	Management	For	For
4	PROPOSAL TO (RE-)APPOINT SIX SUPERVISORY DIRECTORS OF THE COMPANY FOR A TERM ENDING ON THE DATE OF THE ANNUAL GENERAL MEETING IN 2008.	Management	For	For
5	PROPOSAL TO REAPPOINT FOUR MANAGING DIRECTORS OF THE COMPANY FOR A TERM ENDING ON THE DATE OF THE ANNUAL GENERAL MEETING IN 2008.	Management	For	For
6	PROPOSAL TO REAPPOINT ERNST & YOUNG ACCOUNTANTS AS AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
7	PROPOSAL TO EXTEND THE AUTHORITY OF THE MANAGING BOARD UNTIL DECEMBER 20, 2008, AS MORE FULLY DESCRIBED IN THE STATEMENT.	Management	For	For
8	PROPOSAL TO APPROVE AN AMENDMENT TO THE COMPANY S AMENDED AND RESTATED 2005 STOCK PLAN (THE AMENDED PLAN ).	Management	For	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: QUIDEL CORPORATION MEETING DATE: 05/07/2007
TICKER: QDEL     SECURITY ID: 74838J101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT THOMAS D. BROWN AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT RODNEY F. DAMMEYER AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT D.S. HARRINGTON, M.D. AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT CAREN L. MASON AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT M.L. POLAN, MD,PHD,MPH AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT MARK A. PULIDO AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT JACK W. SCHULER AS A DIRECTOR	Management	For	Withhold
2	TO RATIFY THE SELECTION BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR OUR FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
3	TO APPROVE THE AMENDMENT AND RESTATEMENT OF THE QUIDEL CORPORATION 2001 EQUITY INCENTIVE PLAN TO INCREASE THE AUTHORIZED SHARES, AMONG OTHER MATTERS.	Management	For	Against
4	TO APPROVE THE PERFORMANCE GOALS USED TO ESTABLISH COMPENSATION PROGRAMS AND AWARDS UNDER THE QUIDEL CORPORATION 2001 EQUITY INCENTIVE PLAN.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: REGENERON PHARMACEUTICALS, INC. MEETING DATE: 06/08/2007
TICKER: REGN     SECURITY ID: 75886F107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT L S SCHLEIFER, MD PHD AS A DIRECTOR	Management	For	For
1. 2	ELECT ERIC M. SHOOTER, PHD AS A DIRECTOR	Management	For	For
1. 3	ELECT G D YANCOPOULOS, MD PHD AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ROSETTA GENOMICS LTD MEETING DATE: 05/30/2007
TICKER: ROSG     SECURITY ID: M82183100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO ELECT MS. TALI YARON-ELDAR AND MR. GERALD DOGON AS EXTERNAL DIRECTORS OF THE COMPANY.	Management	For	For
2	TO AMEND OUR ARTICLES OF ASSOCIATION TO AMEND NOTICE PROVISIONS IN ACCORDANCE WITH THE ISRAEL COMPANIES LAW.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SEPRACOR INC. MEETING DATE: 05/15/2007
TICKER: SEPR     SECURITY ID: 817315104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DIGBY BARRIOS AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT ALAN STEIGROD AS A DIRECTOR	Management	For	Withhold
2	TO APPROVE AN AMENDMENT TO SEPRACOR S 2000 STOCK INCENTIVE PLAN (THE 2000 PLAN ) INCREASING FROM 11,500,000 TO 13,500,000 THE NUMBER OF SHARES OF COMMON STOCK OF SEPRACOR INC. RESERVED FOR ISSUANCE UNDER THE 2000 PLAN.	Management	For	For
3	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS SEPRACOR S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE CURRENT FISCAL YEAR.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: TECHNE CORPORATION MEETING DATE: 10/26/2006
TICKER: TECH     SECURITY ID: 878377100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO SET THE NUMBER OF DIRECTORS AT SEVEN	Management	For	For
2. 1	ELECT THOMAS E. OLAND AS A DIRECTOR	Management	For	For
2. 2	ELECT ROGER C. LUCAS, PH.D. AS A DIRECTOR	Management	For	For
2. 3	ELECT HOWARD V. O'CONNELL AS A DIRECTOR	Management	For	For
2. 4	ELECT G. ARTHUR HERBERT AS A DIRECTOR	Management	For	For
2. 5	ELECT R.C. STEER, M.D., PH.D. AS A DIRECTOR	Management	For	For
2. 6	ELECT ROBERT V. BAUMGARTNER AS A DIRECTOR	Management	For	For
2. 7	ELECT C.A. DINARELLO, M.D. AS A DIRECTOR	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: TERCICA, INC. MEETING DATE: 10/12/2006
TICKER: TRCA     SECURITY ID: 88078L105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE THE ISSUANCE OF SECURITIES TO IPSEN, S.A. OR ITS DESIGNATED AFFILIATE IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED BY THE STOCK PURCHASE AND MASTER TRANSACTION AGREEMENT, DATED JULY 18, 2006, BETWEEN TERCICA AND IPSEN S.A., AS DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT.	Management	For	For
2	TO APPROVE AMENDMENTS TO TERCICA S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION AND AMENDED AND RESTATED BYLAWS, AS DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT.	Management	For	For
3	TO APPROVE ADDITIONAL AMENDMENTS TO TERCICA S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION, AS DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT.	Management	For	For
4	TO APPROVE THE ADOPTION BY TERCICA OF A RIGHTS AGREEMENT IMPLEMENTING A STOCKHOLDER RIGHTS PLAN, AS DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: THERAVANCE, INC. MEETING DATE: 04/25/2007
TICKER: THRX     SECURITY ID: 88338T104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT P. ROY VAGELOS, M.D. AS A DIRECTOR	Management	For	For
1. 2	ELECT RICK E. WINNINGHAM AS A DIRECTOR	Management	For	For
1. 3	ELECT JEFFREY M. DRAZAN AS A DIRECTOR	Management	For	For
1. 4	ELECT ROBERT V. GUNDERSON, JR AS A DIRECTOR	Management	For	For
1. 5	ELECT ARNOLD J. LEVINE, PH.D. AS A DIRECTOR	Management	For	For
1. 6	ELECT EVE E. SLATER, M.D. AS A DIRECTOR	Management	For	For
1. 7	ELECT WILLIAM H. WALTRIP AS A DIRECTOR	Management	For	For
1. 8	ELECT G.M. WHITESIDES, PH.D. AS A DIRECTOR	Management	For	For
1. 9	ELECT WILLIAM D. YOUNG AS A DIRECTOR	Management	For	For
2	APPROVE AN AMENDMENT TO THE THERAVANCE, INC. 2004 EQUITY INCENTIVE PLAN (THE INCENTIVE PLAN ) TO, AMONG OTHER THINGS, INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE UNDER THE INCENTIVE PLAN FROM 3,700,000 TO 7,200,000 SHARES, AS DESCRIBED IN THE PROXY STATEMENT.	Management	For	Against
3	APPROVE AN AMENDMENT TO THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION TO ENABLE THE COMPANY TO ISSUE SHARES OF CLASS A COMMON STOCK AND COMMON STOCK TO GLAXOSMITHKLINE PLC OR ITS DESIGNATED AFFILIATE IN THE EVENT OF THE CALL OR THE PUT AND TO ISSUE COMMON STOCK WITH RESPECT TO ANY STOCK DIVIDENDS ON CLASS A COMMON STOCK AFTER THE CALL AND PUT DATES.	Management	For	For
4	RATIFY THE SELECTION BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR ITS FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: TRUBION PHARMACEUTICALS INC. MEETING DATE: 05/25/2007
TICKER: TRBN     SECURITY ID: 89778N102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEVEN GILLIS, PH.D. AS A DIRECTOR	Management	For	For
1. 2	ELECT PATRICK J. HERON AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: UNITED THERAPEUTICS CORPORATION MEETING DATE: 06/26/2007
TICKER: UTHR     SECURITY ID: 91307C102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CHRISTOPHER CAUSEY AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT R. PAUL GRAY AS A DIRECTOR	Management	For	Withhold
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: VANDA PHARMACEUTICALS, INC. MEETING DATE: 05/16/2007
TICKER: VNDA     SECURITY ID: 921659108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DR. JAMES B. TANANBAUM AS A DIRECTOR	Management	For	For
1. 2	ELECT MR. DAVID RAMSAY AS A DIRECTOR	Management	For	For
1. 3	ELECT MR. H. THOMAS WATKINS AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: VERTEX PHARMACEUTICALS INCORPORATED MEETING DATE: 05/31/2007
TICKER: VRTX     SECURITY ID: 92532F100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOSHUA S. BOGER AS A DIRECTOR	Management	For	For
1. 2	ELECT CHARLES A. SANDERS AS A DIRECTOR	Management	For	For
1. 3	ELECT ELAINE S. ULLIAN AS A DIRECTOR	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: VIACELL, INC. MEETING DATE: 05/30/2007
TICKER: VIAC     SECURITY ID: 92554J105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MARC D. BEER AS A DIRECTOR	Management	For	For
1. 2	ELECT VAUGHN M. KAILIAN AS A DIRECTOR	Management	For	For
1. 3	ELECT JAMES SIGLER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS, LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: XENON PHARMACEUTICALS INC. MEETING DATE: 06/26/2007
TICKER: --     SECURITY ID: 98799P236
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF MICHAEL TARNOW	Management	For	For
2	ELECTION OF MOHAMMAD AZAB	Management	For	For
3	ELECTION OF CHARLES COHEN	Management	For	For
4	ELECTION OF CHRIS EHRLICH	Management	For	For
5	ELECTION OF MICHAEL HAYDEN	Management	For	For
6	ELECTION OF FRANK HOLLER	Management	For	For
7	ELECTION OF ALAN KITTNER	Management	For	For
8	ELECTION OF GARY PATOU	Management	For	For
9	ELECTION OF SIMON PIMSTONE	Management	For	For
10	ELECTION OF EVAN STEIN	Management	For	For
11	RATIFY APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITORS	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: XENOPORT, INC. MEETING DATE: 05/30/2007
TICKER: XNPT     SECURITY ID: 98411C100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT PAUL L. BERNS AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN G. FREUND, M.D. AS A DIRECTOR	Management	For	For
1. 3	ELECT KENNETH J. NUSSBACHER AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ZYMOGENETICS, INC. MEETING DATE: 06/21/2007
TICKER: ZGEN     SECURITY ID: 98985T109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT BRUCE L.A. CARTER, PHD AS A DIRECTOR	Management	For	For
1. 2	ELECT JAMES A. HARPER AS A DIRECTOR	Management	For	For
1. 3	ELECT EDWARD E. PENHOET, PHD AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

POWER OF ATTORNEY

I, the undersigned Treasurer of the following investment companies:

Colchester Street Trust Fidelity Aberdeen Street Trust Fidelity Advisor Series I Fidelity Advisor Series II Fidelity Advisor Series IV Fidelity Advisor Series VII Fidelity Advisor Series VIII Fidelity Beacon Street Trust Fidelity Boylston Street Trust Fidelity California Municipal Trust Fidelity California Municipal Trust II Fidelity Capital Trust Fidelity Central Investment Portfolios LLC Fidelity Central Investment Portfolios II LLC Fidelity Charles Street Trust Fidelity Commonwealth Trust Fidelity Concord Street Trust Fidelity Congress Street Trust Fidelity Contrafund Fidelity Court Street Trust Fidelity Court Street Trust II Fidelity Covington Trust Fidelity Destiny Portfolios Fidelity Devonshire Trust Fidelity Exchange Fund Fidelity Financial Trust Fidelity Fixed-Income Trust Fidelity Garrison Street Trust Fidelity Hanover Street Trust Fidelity Hastings Street Trust Fidelity Hereford Street Trust Fidelity Income Fund Fidelity Investment Trust Fidelity Magellan Fund Fidelity Massachusetts Municipal Trust Fidelity Money Market Trust Fidelity Mt. Vernon Street Trust Fidelity Municipal Trust Fidelity Municipal Trust II Fidelity New York Municipal Trust Fidelity New York Municipal Trust II Fidelity Oxford Street Trust Fidelity Phillips Street Trust Fidelity Puritan Trust Fidelity Revere Street Trust Fidelity School Street Trust Fidelity Securities Fund Fidelity Select Portfolios Fidelity Summer Street Trust Fidelity Trend Fund Fidelity Union Street Trust Fidelity Union Street Trust II Newbury Street Trust Variable Insurance Products Fund Variable Insurance Products Fund II Variable Insurance Products Fund III Variable Insurance Products Fund IV Variable Insurance Products Fund V

plus any other investment company for which Fidelity Management & Research Company or an affiliate acts as investment adviser and for which the undersigned individual serves as Treasurer (collectively, the "Funds"), hereby constitute and appoint Nicholas Steck and Claire Walpole my true and lawful attorneys-in-fact, each of them singly, with full power of substitution, and with full power to sign for me and in my name in the appropriate capacities, all Reports of the Proxy Voting Records of the Funds on Form N-PX under the Investment Company Act of 1940, as amended (the "Act"), or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate to cause such Form to be completed and filed in accordance with the Act and all related requirements of the Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitute may do or cause to be done by virtue hereof. This power of attorney is effective for all documents filed on or after August 1, 2007.

WITNESS my hand on this 10th of July 2007.

/s/ Kimberley Monasterio

Kimberley Monasterio

Treasurer