FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

INVESTMENT COMPANY ACT FILE NUMBER: 811-03114

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

Fund Name: Select Construction and Housing Portfolio

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

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

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

DATE OF FISCAL YEAR END: FEBRUARY 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 07:30:47 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 Construction and Housing 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: AMERICAN STANDARD COMPANIES, INC. MEETING DATE: 05/03/2007
TICKER: ASD     SECURITY ID: 029712106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEVEN E. ANDERSON AS A DIRECTOR	Management	For	For
1. 2	ELECT STEVEN F. GOLDSTONE AS A DIRECTOR	Management	For	For
1. 3	ELECT RUTH ANN MARSHALL AS A DIRECTOR	Management	For	For
2	DIRECTORS PROPOSAL - AMENDMENT TO THE AMERICAN STANDARD COMPANIES INC. 2002 OMNIBUS INCENTIVE PLAN.	Management	For	Against
3	DIRECTORS PROPOSAL - RATIFICATION OF 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: AVJENNINGS LTD MEETING DATE: 08/17/2006
TICKER: --     SECURITY ID: Q1226E107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	CHAIRMAN S ADDRESS	N/A	N/A	N/A
2	RECEIVE AND APPROVE THE FINANCIAL REPORT, TOGETHER WITH THE DIRECTOR AND AUDITORS REPORT FOR THE FYE 31 MAR 2006	N/A	N/A	N/A
3	ELECT MR. BOBBY CHIN AS A DIRECTOR, PURSUANT TO ARTICLE 76(2) OF THE CONSTITUTION, UNTIL THE END OF THIS AGM	Management	For	For
4	ELECT MR. BRUCE HAYMAN AS A DIRECTOR, PURSUANT TO ARTICLE 76(2) OF THE CONSTITUTION, UNTIL THE END OF THIS AGM	Management	For	For
5	RE-ELECT MR. PETER SUMMERS AS A DIRECTOR, WHO RETIRES BY ROTATION	Management	For	For
6	ADOPT THE REMUNERATION REPORT AS SPECIFIED IN THE DIRECTORS REPORT FOR THE YE 31 MAR 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: BARRATT DEVELOPMENTS PLC MEETING DATE: 11/28/2006
TICKER: --     SECURITY ID: G08288105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE AND ADOPT THE REPORTS OF THE AUDITORS AND THE DIRECTORS AND THE ACCOUNTS FOR THE YE 30 JUN 2006	Management	For	For
2	DECLARE A FINAL DIVIDEND	Management	For	For
3	RE-ELECT MR. S.J. BOYES AS A DIRECTOR, WHO RETIRES BY ROTATION	Management	For	For
4	RE-ELECT MR. C. FENTON AS A DIRECTOR, WHO RETIRES BY ROTATION	Management	For	For
5	RE-ELECT MR. G.K. HESTER AS A DIRECTOR, WHO RETIRES BY ROTATION	Management	For	For
6	RE-ELECT MR. M.A. PAIN AS A DIRECTOR	Management	For	For
7	RE-ELECT MR. R. MACEACHRANE AS A DIRECTOR	Management	For	For
8	RE-ELECT MR. M.S CLARE AS A DIRECTOR	Management	For	For
9	RE-APPOINT PRICEWATERHOUSECOOPERS LLP AS THE AUDITORS OF THE COMPANY TO HOLD OFFICE UNTIL THE CONCLUSION OF THE NEXT GENERAL MEETING AT WHICH ACCOUNTS ARE LAID BEFORE THE COMPANY AND AUTHORIZE THE DIRECTORS TO FIX THEIR REMUNERATION	Management	For	For
10	APPROVE THE DIRECTORS REMUNERATION REPORT FOR YE 30 JUN 2006	Management	For	For
11	AUTHORIZE THE BOARD TO ALLOT RELEVANT SECURITIES SECTION 80 OF THE COMPANIESACT 1985 UP TO AN AGGREGATE NOMINAL AMOUNT OF GBP 5,684,804 23.88% OF THE NOMINAL VALUE OF THE EXISTING ISSUED SHARE CAPITAL AS AT 27 SEP 2006 ; AUTHORITY EXPIRES AT THE DATE OF THE NEXT AGM ; AND THE DIRECTORS MAY ALLOT RELEVANT SECURITIES AFTER THE EXPIRY OF THIS AUTHORITY IN PURSUANCE OF SUCH AN OFFER OR AGREEMENT MADE PRIOR TO SUCH EXPIRY	Management	For	For
12	AUTHORIZE THE BOARD, SUBJECT TO THE PASSING OF RESOLUTION 11 AND PURSUANT TO SECTION 95 OF THE COMPANIES ACT 1985, TO ALLOT EQUITY SECURITIES SECTION 94 FOR CASH PURSUANT TO THE AUTHORITY CONFERRED BY RESOLUTION 11, DISAPPLYING THE STATUTORY PRE-EMPTION RIGHTS SECTION 89(1) , PROVIDED THAT THIS POWER IS LIMITED TO THE ALLOTMENT OF EQUITY SECURITIES: A) IN CONNECTION WITH A RIGHTS ISSUE IN FAVOR OF ORDINARY SHAREHOLDERS; AND B) UP TO AN AGGREGATE NOMINAL AMOUNT OF GBP 1,215,760 5% OF THE ISSU...	Management	For	For
13	AUTHORIZE THE COMPANY TO MAKE ONE OR MORE MARKET PURCHASES SECTION 163(3) OFTHE COMPANIES ACT 1985 OF UP TO 24,315,195 ORDINARY SHARES OF 10P EACH, AT A MINIMUM PRICE OF 10P EXCLUSIVE OF EXPENSES , AND UP TO 105% OF THE AVERAGE MIDDLE MARKET QUOTATIONS FOR SUCH SHARES DERIVED FROM THE LONDON STOCK EXCHANGE DAILY OFFICIAL LIST, OVER THE PREVIOUS 5 BUSINESS DAYS AND THE HIGHER OF THE PRICE OF THE LAST INDEPENDENT TRADE AND THE HIGHEST CURRENT INDEPENDENT BID ON THE LONDON STOCK EXCHANGE OFFICIA...	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: BROOKDALE SENIOR LIVING INC. MEETING DATE: 06/05/2007
TICKER: BKD     SECURITY ID: 112463104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILLIAM B. DONIGER AS A DIRECTOR	Management	For	For
1. 2	ELECT JACKIE M. CLEGG AS A DIRECTOR	Management	For	For
1. 3	ELECT JEFFREY G. EDWARDS AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE AUDIT COMMITTEE S APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR BROOKDALE SENIOR LIVING INC. FOR THE 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: BUCYRUS INTERNATIONAL, INC. MEETING DATE: 04/25/2007
TICKER: BUCY     SECURITY ID: 118759109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT EDWARD G. NELSON AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT THEODORE C. ROGERS AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT ROBERT C. SCHARP AS A DIRECTOR	Management	For	Withhold
2	PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP TO SERVE AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
3	PROPOSAL TO APPROVE AN AMENDMENT TO, AND RESTATEMENT OF, THE BUCYRUS INTERNATIONAL, INC. 2004 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: CB RICHARD ELLIS GROUP, INC. MEETING DATE: 06/01/2007
TICKER: CBG     SECURITY ID: 12497T101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT RICHARD C. BLUM AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT PATRICE MARIE DANIELS AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT SENATOR T.A. DASCHLE AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT CURTIS F. FEENY AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT BRADFORD M. FREEMAN AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT MICHAEL KANTOR AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT FREDERIC V. MALEK AS A DIRECTOR	Management	For	Withhold
1. 8	ELECT ROBERT E. SULENTIC AS A DIRECTOR	Management	For	Withhold
1. 9	ELECT JANE J. SU AS A DIRECTOR	Management	For	Withhold
1. 10	ELECT BRETT WHITE AS A DIRECTOR	Management	For	Withhold
1. 11	ELECT GARY L. WILSON AS A DIRECTOR	Management	For	Withhold
1. 12	ELECT RAY WIRTA AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
3	APPROVAL OF THE EXECUTIVE 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: CEMEX, S.A.B. DE C.V. MEETING DATE: 08/31/2006
TICKER: CX     SECURITY ID: 151290889
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PRESENTATION, DISCUSSION AND APPROVAL OF THE PROJECT THAT MODIFIES THE ISSUANCE DEED OF THE ORDINARY PARTICIPATION CERTIFICATES DENOMINATED CEMEX.CPO , AS WELL AS THE TRUST AGREEMENT NUMBER 111033-9 EXECUTED BY BANCO NACIONAL DE MEXICO, S.A. AS CEMEX.CPO TRUSTEE, ALL AS MORE FULLY DESCRIBED IN THE PROXY STATEMENT.	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: CHICAGO BRIDGE & IRON COMPANY N.V. MEETING DATE: 07/28/2006
TICKER: CBI     SECURITY ID: 167250109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF L. RICHARD FLURY	Management	For	None
2	ELECTION OF DAVID P. BORDAGES	Management	Unknown	None
3	ELECTION OF VINCENT L. KONTNY	Management	For	None
4	ELECTION OF SAMUEL C. LEVENTRY	Management	Unknown	None
5	ELECTION OF PHILIP K. ASHERMAN	Management	For	None
6	ELECTION OF LUCIANO REYES	Management	Unknown	None
7	TO ELECT CHICAGO BRIDGE & IRON COMPANY B.V. AS A MEMBER OF THE MANAGEMENT BOARD	Management	For	None
8	TO ELECT LEALAND FINANCE COMPANY B.V. AS A MEMBER OF THE MANAGEMENT BOARD	Management	Unknown	None
9	TO AUTHORIZE THE PREPARATION OF THE ANNUAL ACCOUNTS AND THE ANNUAL REPORT	Management	For	None
10	TO DISCHARGE THE MEMBERS OF THE MANAGEMENT BOARD FROM LIABILITY IN RESPECT OF THE EXERCISE OF THEIR DUTIES	Management	For	None
11	TO DISCHARGE THE MEMBERS OF THE SUPERVISORY BOARD FROM LIABILITY IN RESPECT OF THE EXERCISE OF THEIR DUTIES	Management	For	None
12	TO RESOLVE ON THE FINAL DIVIDEND FOR THE YEAR ENDED DECEMBER 31, 2005	Management	For	None
13	TO DETERMINE THE COMPENSATION OF THE NON-EXECUTIVE CHAIRMAN OF THE SUPERVISORY BOARD	Management	For	None
14	TO APPROVE THE EXTENSION OF THE AUTHORITY OF THE MANAGEMENT BOARD TO REPURCHASE UP TO 10% OF THE ISSUED SHARE CAPITAL	Management	For	None
15	TO APPROVE THE EXTENSION OF THE AUTHORITY OF THE SUPERVISORY BOARD TO ISSUE AND/OR GRANT RIGHTS TO ACQUIRE SHARES	Management	For	None
16	TO APPOINT ERNST & YOUNG LLP OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2006.	Management	For	None
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: CHICAGO BRIDGE & IRON COMPANY N.V. MEETING DATE: 05/10/2007
TICKER: CBI     SECURITY ID: 167250109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO ELECT A) JERRY H. BALLENGEE AS MEMBER OF THE SUPERVISORY BOARD SELECT THE FOR OPTION. TO ELECT B) DAVID P. BORDAGES AS MEMBER OF THE SUPERVISORY BOARD SELECT THE AGAINST OPTION. TO ABSTAIN FROM VOTING ON EITHER NOMINEE SELECT THE ABSTAIN OPTION.	Management	For	For
2	TO ELECT C) MICHAEL L. UNDERWOOD AS MEMBER OF THE SUPERVISORY BOARD SELECT THE FOR OPTION. TO ELECT D) SAMUEL C. LEVENTRY AS MEMBER OF THE SUPERVISORY BOARD SELECT THE AGAINST OPTION. TO ABSTAIN FROM VOTING ON EITHER NOMINEE SELECT THE ABSTAIN OPTION.	Management	For	For
3	TO AUTHORIZE THE PREPARATION OF THE ANNUAL ACCOUNTS AND THE ANNUAL REPORT AND TO ADOPT THE DUTCH STATUTORY ANNUAL ACCOUNTS.	Management	For	For
4	TO DISCHARGE THE MEMBERS OF THE MANAGEMENT BOARD FROM LIABILITY IN RESPECT OF THE EXERCISE OF THEIR DUTIES.	Management	For	For
5	TO DISCHARGE THE MEMBERS OF THE SUPERVISORY BOARD FROM LIABILITY IN RESPECT OF THE EXERCISE OF THEIR DUTIES.	Management	For	For
6	TO RESOLVE ON THE FINAL DIVIDEND FOR THE YEAR ENDED DECEMBER 31, 2006.	Management	For	For
7	TO APPROVE THE EXTENSION OF THE AUTHORITY OF THE MANAGEMENT BOARD TO REPURCHASE UP TO 10% OF THE ISSUED SHARE CAPITAL OF THE COMPANY UNTIL NOVEMBER 10, 2008.	Management	For	For
8	TO APPROVE THE EXTENSION OF THE AUTHORITY OF THE SUPERVISORY BOARD TO ISSUE AND/OR GRANT RIGHTS TO ACQUIRE SHARES	Management	For	For
9	TO APPOINT ERNST & YOUNG LLP OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 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: CHINA OVERSEAS LAND & INVESTMENT LTD MEETING DATE: 07/12/2006
TICKER: --     SECURITY ID: Y15004107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	AUTHORIZE THE DIRECTORS, SUBJECT TO THE LISTING COMMITTEE OF THE STOCK EXCHANGE OF HONG KONG LIMITED GRANTING LISTINGS OF, AND PERMISSION TO DEAL IN, THE WARRANTS AS HEREINAFTER DEFINED AND ANY SHARES IN THE CAPITAL OF THE COMPANY FALLING TO BE ISSUED UPON ANY EXERCISE OF THE SUBSCRIPTION RIGHTS ATTACHING TO THE WARRANTS, TO CREATE WARRANTS WARRANTS IN REGISTERED FORM TO SUBSCRIBE, AT THE INITIAL SUBSCRIPTION PRICE OF HKD 4.5 PER SHARE, SUBJECT TO ADJUSTMENT, FOR SHARES IN THE SHARE CAPITAL ...	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: CHINA OVERSEAS LAND & INVESTMENT LTD MEETING DATE: 07/12/2006
TICKER: --     SECURITY ID: Y15004107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE AND RATIFY THE CSCEC GROUP ENGAGEMENT AGREEMENT AS SPECIFIED AND THE CONTINUING CONNECTED TRANSACTION CONTEMPLATED THEREUNDER AND THE IMPLEMENTATION THEREOF AND ALSO THE CAP AS SPECIFIED FOR THE 3 FYE 31 DEC 2008; AUTHORIZE ANY 1 DIRECTOR OF THE COMPANY, OR ANY 2 DIRECTORS OF THE COMPANY IF THE AFFIXATION OF THE COMMON SEAL IS NECESSARY, FOR AND ON BEHALF OF THE COMPANY TO EXECUTE ALL SUCH OTHER DOCUMENTS, INSTRUMENTS AND AGREEMENTS AND TO DO ALL SUCH ACTS AND THINGS DEEMED BY HIM/HE...	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: CHINA OVERSEAS LAND & INVESTMENT LTD MEETING DATE: 06/05/2007
TICKER: --     SECURITY ID: Y15004107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE AND ADOPT THE AUDITED FINANCIAL STATEMENTS AND THE REPORTS OF THE DIRECTORS AND THE AUDITORS FOR THE YE 31 DEC 2006	Management	For	For
2	RE-ELECT MR. KONG QINGPING AS A DIRECTOR	Management	For	For
3	RE-ELECT MR. XIAO XIAO AS A DIRECTOR	Management	For	For
4	RE-ELECT MR. WANG MAN KWAN, PAUL AS A DIRECTOR	Management	For	For
5	RE-ELECT MR. CHEN BIN AS A DIRECTOR	Management	For	For
6	RE-ELECT MR. ZHU YIJIAN AS A DIRECTOR	Management	For	For
7	RE-ELECT MR. LUO LIANG AS A DIRECTOR	Management	For	For
8	AUTHORIZE THE BOARD TO FIX THE REMUNERATION OF THE DIRECTORS	Management	For	For
9	DECLARE A FINAL DIVIDEND FOR THE YE 31 DEC 2006 OF HK6 CENTS PER SHARE	Management	For	For
10	RE-APPOINT DELOITTE TOUCHE TOHMATSU AS THE AUDITORS AND AUTHORIZE THE BOARD TO FIX THEIR REMUNERATION	Management	For	For
11	AUTHORIZE THE DIRECTORS OF THE COMPANY TO PURCHASE SHARES IN THE CAPITAL OF THE COMPANY DURING THE RELEVANT PERIOD, ON THE STOCK EXCHANGE OF HONG KONG LIMITED BTHE STOCK EXCHANGEC OR ANY OTHER STOCK EXCHANGE RECOGNIZED FOR THIS PURPOSE BY THE SECURITIES AND FUTURES COMMISSION OF HONG KONG AND THE STOCK EXCHANGE UNDER THE HONG KONG CODE ON SHARE REPURCHASES, NOT EXCEEDING 10% OF THE AGGREGATE NOMINAL AMOUNT OF THE SHARE CAPITAL OF THE COMPANY IN ISSUE AS AT THE DATE OF PASSING THIS RESOLUTION; BA...	Management	For	For
12	AUTHORIZE THE DIRECTORS OF THE COMPANY, PURSUANT TO SECTION 57B OF THE COMPANIES ORDINANCE BCHAPTER 32 OF THE LAWS OF HONG KONGC TO ALLOT, ISSUE AND DEAL WITH ADDITIONAL SHARES IN THE CAPITAL OF THE COMPANY AND TO MAKE OR GRANT OFFERS, AGREEMENTS, OPTIONS AND RIGHTS OF EXCHANGE DURING THE RELEVANT PERIOD, NOT EXCEEDING THE AGGREGATE OF A) 20% OF THE SHARE CAPITAL OF THE COMPANY; AND B) THE NOMINAL AMOUNT OF SHARE CAPITAL REPURCHASED BUP TO 10% OF THE AGGREGATE NOMINAL AMOUNT OF THE SHARE CAPITA...	Management	For	Against
13	APPROVE, CONDITIONAL UPON THE PASSING OF THE RESOLUTIONS 6 AND 7 TO EXTEND THE GENERAL MANDATE GRANTED TO THE DIRECTORS OF THE COMPANY PURSUANT TO THE RESOLUTION 7, BY AN AMOUNT REPRESENTING THE AGGREGATE NOMINAL AMOUNT OF SHARE CAPITAL OF THE COMPANY PURCHASED BY THE COMPANY UNDER THE AUTHORITY GRANTED PURSUANT TO THE RESOLUTION 6, PROVIDED THAT SUCH AMOUNT SHALL NOT EXCEED 10% OF THE AGGREGATE NOMINAL AMOUNT OF THE ISSUED SHARE CAPITAL OF THE COMPANY AS AT THE DATE OF PASSING THIS RESOLUTION	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: D.R. HORTON, INC. MEETING DATE: 01/25/2007
TICKER: DHI     SECURITY ID: 23331A109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DONALD R. HORTON AS A DIRECTOR	Management	For	For
1. 2	ELECT BRADLEY S. ANDERSON AS A DIRECTOR	Management	For	For
1. 3	ELECT MICHAEL R. BUCHANAN AS A DIRECTOR	Management	For	For
1. 4	ELECT RICHARD I. GALLAND AS A DIRECTOR	Management	For	For
1. 5	ELECT MICHAEL W. HEWATT AS A DIRECTOR	Management	For	For
1. 6	ELECT DONALD J. TOMNITZ AS A DIRECTOR	Management	For	For
1. 7	ELECT BILL W. WHEAT AS A DIRECTOR	Management	For	For
2	TO VOTE ON A SHAREHOLDER PROPOSAL CONCERNING A MAJORITY VOTE STANDARD FOR THE ELECTION OF DIRECTORS.	Shareholder	Against	Against
3	TO CONDUCT OTHER BUSINESS PROPERLY BROUGHT BEFORE THE MEETING.	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: DYCOM INDUSTRIES, INC. MEETING DATE: 11/21/2006
TICKER: DY     SECURITY ID: 267475101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEPHEN C. COLEY AS A DIRECTOR	Management	For	For
1. 2	ELECT STEVEN E. NIELSEN AS A DIRECTOR	Management	For	For
1. 3	ELECT JACK H. SMITH AS A DIRECTOR	Management	For	For
2	TO APPROVE THE AMENDMENT TO THE COMPANY S 2003 LONG-TERM INCENTIVE PLAN INCREASING THE NUMBER OF SHARES OF COMPANY COMMON STOCK RESERVED FOR ISSUANCE UNDER THE PLAN BY 2,000,000 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: EAGLE MATERIALS INC. MEETING DATE: 07/27/2006
TICKER: EXP     SECURITY ID: 26969P108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT F. WILLIAM BARNETT AS A DIRECTOR	Management	For	For
1. 2	ELECT O.G. DAGNAN AS A DIRECTOR	Management	For	For
1. 3	ELECT DAVID W. QUINN AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR 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: EMCOR GROUP, INC. MEETING DATE: 06/20/2007
TICKER: EME     SECURITY ID: 29084Q100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT F. MACINNIS AS A DIRECTOR	Management	For	For
1. 2	ELECT S. BERSHAD AS A DIRECTOR	Management	For	For
1. 3	ELECT D. BROWN AS A DIRECTOR	Management	For	For
1. 4	ELECT L. BUMP AS A DIRECTOR	Management	For	For
1. 5	ELECT A. FRIED AS A DIRECTOR	Management	For	For
1. 6	ELECT R. HAMM AS A DIRECTOR	Management	For	For
1. 7	ELECT M. YONKER AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE 2007 INCENTIVE PLAN.	Management	For	Against
3	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: EQUITY RESIDENTIAL MEETING DATE: 05/24/2007
TICKER: EQR     SECURITY ID: 29476L107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN W. ALEXANDER AS A DIRECTOR	Management	For	For
1. 2	ELECT CHARLES L. ATWOOD AS A DIRECTOR	Management	For	For
1. 3	ELECT STEPHEN O. EVANS AS A DIRECTOR	Management	For	For
1. 4	ELECT BOONE A. KNOX AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN E. NEAL AS A DIRECTOR	Management	For	For
1. 6	ELECT DAVID J. NEITHERCUT AS A DIRECTOR	Management	For	For
1. 7	ELECT DESIREE G. ROGERS AS A DIRECTOR	Management	For	For
1. 8	ELECT SHELI Z. ROSENBERG AS A DIRECTOR	Management	For	For
1. 9	ELECT GERALD A. SPECTOR AS A DIRECTOR	Management	For	For
1. 10	ELECT B. JOSEPH WHITE AS A DIRECTOR	Management	For	For
1. 11	ELECT SAMUEL ZELL AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR THE YEAR ENDING DECEMBER 31, 2007. THE BOARD RECOMMENDS A VOTE AGAINST PROPOSAL 3.	Management	For	For
3	SHAREHOLDER PROPOSAL: ADOPTION OF A MAJORITY VOTE STANDARD FOR THE ELECTION OF TRUSTEES.	Shareholder	Against	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: FLORIDA ROCK INDUSTRIES, INC. MEETING DATE: 02/07/2007
TICKER: FRK     SECURITY ID: 341140101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT THOMPSON S. BAKER II AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN A. DELANEY AS A DIRECTOR	Management	For	For
1. 3	ELECT LUKE E. FICHTHORN III AS A DIRECTOR	Management	For	For
1. 4	ELECT FRANCIS X. KNOTT AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE AUDIT COMMITTEE S SELECTION OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (AUDITORS) 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: FLUOR CORPORATION MEETING DATE: 05/02/2007
TICKER: FLR     SECURITY ID: 343412102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: JAMES T. HACKETT	Management	For	For
2	ELECTION OF DIRECTOR: KENT KRESA	Management	For	For
3	ELECTION OF DIRECTOR: LORD ROBIN W. RENWICK	Management	For	For
4	ELECTION OF DIRECTOR: PETER S. WATSON	Management	For	For
5	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS REGISTERED PUBLIC ACCOUNTING FIRM 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: FOREST CITY ENTERPRISES, INC. MEETING DATE: 06/21/2007
TICKER: FCEA     SECURITY ID: 345550107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MICHAEL P. ESPOSITO, JR AS A DIRECTOR	Management	For	For
1. 2	ELECT JOAN K. SHAFRAN AS A DIRECTOR	Management	For	For
1. 3	ELECT LOUIS STOKES AS A DIRECTOR	Management	For	For
1. 4	ELECT STAN ROSS AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF PRICEWATERHOUSECOOPERS LLP, PUBLIC ACCOUNTANTS, AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE COMPANY FOR THE FISCAL YEAR ENDING JANUARY 31, 2008.	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: FOSTER WHEELER LTD. MEETING DATE: 05/08/2007
TICKER: FWLT     SECURITY ID: G36535139
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT EUGENE D. ATKINSON AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT STEPHANIE HANBURY-BROWN AS A DIRECTOR	Management	For	Withhold
2	APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS FOSTER WHEELER LTD. S INDEPENDENT AUDITORS AND AUTHORIZATION OF THE BOARD OF DIRECTORS, ACTING THROUGH THE AUDIT COMMITTEE, TO SET THE INDEPENDENT AUDITORS REMUNERATION, IN EACH CASE 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: GENERAL GROWTH PROPERTIES, INC. MEETING DATE: 05/15/2007
TICKER: GGP     SECURITY ID: 370021107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN BUCKSBAUM AS A DIRECTOR	Management	For	For
1. 2	ELECT ALAN COHEN AS A DIRECTOR	Management	For	For
1. 3	ELECT ANTHONY DOWNS AS A DIRECTOR	Management	For	For
2	AMENDMENT AND RESTATEMENT OF THE EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
3	RATIFICATION OF THE SELECTION OF INDEPENDENT PUBLIC ACCOUNTANTS.	Management	For	For
4	STOCKHOLDER PROPOSAL TO DECLASSIFY THE BOARD OF DIRECTORS.	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: HEALTH CARE PROPERTY INVESTORS, INC. MEETING DATE: 05/10/2007
TICKER: HCP     SECURITY ID: 421915109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT M.A. CIRILLO-GOLDBERG AS A DIRECTOR	Management	For	For
1. 2	ELECT ROBERT R. FANNING, JR. AS A DIRECTOR	Management	For	For
1. 3	ELECT JAMES F. FLAHERTY III AS A DIRECTOR	Management	For	For
1. 4	ELECT DAVID B. HENRY AS A DIRECTOR	Management	For	For
1. 5	ELECT MICHAEL D. MCKEE AS A DIRECTOR	Management	For	For
1. 6	ELECT HAROLD M. MESSMER, JR. AS A DIRECTOR	Management	For	For
1. 7	ELECT PETER L. RHEIN AS A DIRECTOR	Management	For	For
1. 8	ELECT KENNETH B. ROATH AS A DIRECTOR	Management	For	For
1. 9	ELECT RICHARD M. ROSENBERG AS A DIRECTOR	Management	For	For
1. 10	ELECT JOSEPH P. SULLIVAN AS A DIRECTOR	Management	For	For
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
3	STOCKHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION.	Shareholder	Against	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: JACOBS ENGINEERING GROUP INC. MEETING DATE: 01/25/2007
TICKER: JEC     SECURITY ID: 469814107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT C. DAVIDSON, JR. AS A DIRECTOR	Management	For	For
1. 2	ELECT EDWARD V. FRITZKY AS A DIRECTOR	Management	For	For
1. 3	ELECT ROBERT B. GWYN AS A DIRECTOR	Management	For	For
1. 4	ELECT BENJAMIN F. MONTOYA AS A DIRECTOR	Management	For	For
2	TO APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED NUMBER OF SHARES OF COMMON STOCK TO 240 MILLION SHARES.	Management	For	Against
3	TO APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO PROVIDE THAT ANY DIRECTOR ELECTED BY THE BOARD TO FILL A VACANCY OR A NEWLY CREATED DIRECTORSHIP SHALL STAND FOR ELECTION AT THE NEXT ANNUAL MEETING OF SHAREHOLDERS.	Management	For	For
4	TO APPROVE ERNST & YOUNG LLP AS 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: JOY GLOBAL INC. MEETING DATE: 02/22/2007
TICKER: JOYG     SECURITY ID: 481165108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEVEN L. GERARD AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN NILS HANSON AS A DIRECTOR	Management	For	For
1. 3	ELECT KEN C. JOHNSEN AS A DIRECTOR	Management	For	For
1. 4	ELECT GALE E. KLAPPA AS A DIRECTOR	Management	For	For
1. 5	ELECT RICHARD B. LOYND AS A DIRECTOR	Management	For	For
1. 6	ELECT P. ERIC SIEGERT AS A DIRECTOR	Management	For	For
1. 7	ELECT MICHAEL W. SUTHERLIN AS A DIRECTOR	Management	For	For
1. 8	ELECT JAMES H. TATE AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE JOY GLOBAL INC. 2007 STOCK INCENTIVE PLAN.	Management	For	For
3	APPROVAL OF THE AMENDMENT TO THE CORPORATION S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION.	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: KB HOME MEETING DATE: 04/05/2007
TICKER: KBH     SECURITY ID: 48666K109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT RONALD W. BURKLE* AS A DIRECTOR	Management	For	For
1. 2	ELECT LESLIE MOONVES* AS A DIRECTOR	Management	For	For
1. 3	ELECT LUIS G. NOGALES* AS A DIRECTOR	Management	For	For
1. 4	ELECT DR. RAY R. IRANI** AS A DIRECTOR	Management	For	For
2	PROPOSAL TO AMEND THE AMENDED CERTIFICATE OF INCORPORATION OF KB HOME TO DECLASSIFY THE BOARD OF DIRECTORS AND PROVIDE FOR THE ANNUAL ELECTION OF DIRECTORS.	Management	For	For
3	PROPOSAL TO AMEND THE AMENDED CERTIFICATE OF INCORPORATION OF KB HOME TO REPEAL ITS FAIR PRICE PROVISION.	Management	For	For
4	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS KB HOME S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING NOVEMBER 30, 2007.	Management	For	For
5	STOCKHOLDER PROPOSAL RELATING TO SENIOR EXECUTIVE AND DIRECTOR HOLDINGS OF EQUITY-BASED COMPENSATION.	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL RELATING TO PERFORMANCE-VESTING SHARES.	Shareholder	Against	Against
7	STOCKHOLDER PROPOSAL RELATING TO STOCKHOLDER APPROVAL OF SEVERANCE AGREEMENTS.	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: LENNAR CORPORATION MEETING DATE: 03/28/2007
TICKER: LEN     SECURITY ID: 526057104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT IRVING BOLOTIN AS A DIRECTOR	Management	For	For
1. 2	ELECT R. KIRK LANDON AS A DIRECTOR	Management	For	For
1. 3	ELECT DONNA E. SHALALA AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE LENNAR CORPORATION 2007 EQUITY INCENTIVE PLAN. PROXIES EXECUTED AND RETURNED WILL BE SO VOTED UNLESS CONTRARY INSTRUCTIONS ARE INDICATED ON THIS PROXY.	Management	For	Against
3	APPROVAL OF THE LENNAR CORPORATION 2007 INCENTIVE COMPENSATION PLAN. PROXIES EXECUTED AND RETURNED WILL BE SO VOTED UNLESS CONTRARY INSTRUCTIONS ARE INDICATED ON THIS PROXY.	Management	For	For
4	STOCKHOLDER PROPOSAL REGARDING SUSTAINABILITY REPORT. PROXIES EXECUTED AND RETURNED WILL BE SO VOTED UNLESS CONTRARY INSTRUCTIONS ARE INDICATED ON THIS PROXY.	Shareholder	Against	Abstain
5	STOCKHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION. PROXIES EXECUTED AND RETURNED WILL BE SO VOTED UNLESS CONTRARY INSTRUCTIONS ARE INDICATED ON THIS PROXY.	Shareholder	Against	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: LOWE'S COMPANIES, INC. MEETING DATE: 05/25/2007
TICKER: LOW     SECURITY ID: 548661107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DAVID W. BERNAUER AS A DIRECTOR	Management	For	For
1. 2	ELECT LEONARD L. BERRY AS A DIRECTOR	Management	For	For
1. 3	ELECT DAWN E. HUDSON AS A DIRECTOR	Management	For	For
1. 4	ELECT ROBERT A. NIBLOCK AS A DIRECTOR	Management	For	For
2	TO APPROVE AN AMENDMENT TO THE LOWE S COMPANIES EMPLOYEE STOCK PURCHASE PLAN - STOCK OPTIONS FOR EVERYONE - TO INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE UNDER THE PLAN.	Management	For	For
3	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS.	Management	For	For
4	SHAREHOLDER PROPOSAL ESTABLISHING MINIMUM SHARE OWNERSHIP REQUIREMENTS FOR DIRECTOR NOMINEES.	Shareholder	Against	Against
5	SHAREHOLDER PROPOSAL REQUESTING ANNUAL REPORT ON WOOD PROCUREMENT.	Shareholder	Against	Abstain
6	SHAREHOLDER PROPOSAL REGARDING ANNUAL ELECTION OF EACH DIRECTOR.	Shareholder	Against	For
7	SHAREHOLDER PROPOSAL REGARDING EXECUTIVE SEVERANCE AGREEMENTS.	Shareholder	Against	For
8	SHAREHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION PLAN.	Shareholder	Against	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: MARTIN MARIETTA MATERIALS, INC. MEETING DATE: 05/22/2007
TICKER: MLM     SECURITY ID: 573284106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MARCUS C. BENNETT AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT LAREE E. PEREZ AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT DENNIS L. REDIKER AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF SELECTION 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: MASCO CORPORATION MEETING DATE: 05/08/2007
TICKER: MAS     SECURITY ID: 574599106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF CLASS I DIRECTOR: DENNIS W. ARCHER	Management	For	For
2	ELECTION OF CLASS I DIRECTOR: ANTHONY F. EARLEY, JR.	Management	For	For
3	ELECTION OF CLASS I DIRECTOR: LISA A. PAYNE	Management	For	For
4	ELECTION OF CLASS II DIRECTOR: PETER A. DOW	Management	For	For
5	RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT ACCOUNTANTS TO AUDIT THE COMPANY S FINANCIAL STATEMENTS 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: MOVE, INC. MEETING DATE: 06/14/2007
TICKER: MOVE     SECURITY ID: 62458M108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILLIAM E. KELVIE AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT KENNETH K. KLEIN AS A DIRECTOR	Management	For	For
1. 3	ELECT GERALDINE B. LAYBOURNE 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: NCI BUILDING SYSTEMS, INC. MEETING DATE: 03/09/2007
TICKER: NCS     SECURITY ID: 628852105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT GARY L. FORBES AS A DIRECTOR	Management	For	For
1. 2	ELECT MAX L. LUKENS AS A DIRECTOR	Management	For	For
1. 3	ELECT GEORGE MARTINEZ AS A DIRECTOR	Management	For	For
2	THE APPROVAL OF AN AMENDMENT TO THE COMPANY S RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE TOTAL NUMBER OF SHARES OF COMMON STOCK THAT THE COMPANY HAS AUTHORITY TO ISSUE FROM 50,000,000 SHARES TO 100,000,000 SHARES.	Management	For	For
3	RATIFICATION OF ERNST & YOUNG LLP FOR FISCAL 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: PULTE HOMES, INC. MEETING DATE: 05/10/2007
TICKER: PHM     SECURITY ID: 745867101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILLIAM J. PULTE AS A DIRECTOR	Management	For	For
1. 2	ELECT RICHARD J. DUGAS, JR. AS A DIRECTOR	Management	For	For
1. 3	ELECT DAVID N. MCCAMMON AS A DIRECTOR	Management	For	For
1. 4	ELECT FRANCIS J. SEHN AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS PULTE HOMES INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
3	A SHAREHOLDER PROPOSAL REQUESTING THE ELECTION OF DIRECTORS BY A MAJORITY, RATHER THAN PLURALITY, VOTE.	Shareholder	Against	Against
4	A SHAREHOLDER PROPOSAL REQUESTING THE DECLASSIFICATION OF THE BOARD OF DIRECTORS.	Shareholder	Against	For
5	A SHAREHOLDER PROPOSAL REQUESTING THE FORMATION OF A MAJORITY VOTE SHAREHOLDER COMMITTEE.	Shareholder	Against	Against
6	A SHAREHOLDER PROPOSAL REGARDING THE USE OF PERFORMANCE-BASED OPTIONS.	Shareholder	Against	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: QUIXOTE CORPORATION MEETING DATE: 11/16/2006
TICKER: QUIX     SECURITY ID: 749056107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES H. DEVRIES AS A DIRECTOR	Management	For	For
1. 2	ELECT LAWRENCE C. MCQUADE AS A DIRECTOR	Management	For	For
2	APPROVING THE SELECTION OF GRANT THORNTON 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: RINKER GROUP LIMITED MEETING DATE: 07/18/2006
TICKER: RIN     SECURITY ID: 76687M101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO RECEIVE AND CONSIDER THE FINANCIAL AND OTHER REPORTS	Management	For	For
2	TO ADOPT THE REMUNERATION REPORT	Management	For	For
3	TO RE-ELECT MR WALTER REVELL AS A DIRECTOR	Management	For	For
4	TO ELECT MR JACK THOMPSON AS A DIRECTOR	Management	For	For
5	TO INCREASE THE MAXIMUM AGGREGATE REMUNERATION OF NON-EXECUTIVE DIRECTORS	Management	For	For
6	TO APPROVE A RETURN OF CAPITAL TO SHAREHOLDERS	Management	For	For
7	TO AMEND THE CONSTITUTION TO RENEW THE PROPORTIONAL TAKEOVER PROVISIONS FOR A FURTHER THREE YEARS	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: STANDARD PACIFIC CORP. MEETING DATE: 05/09/2007
TICKER: SPF     SECURITY ID: 85375C101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT BRUCE A. CHOATE AS A DIRECTOR	Management	For	For
1. 2	ELECT JAMES L. DOTI AS A DIRECTOR	Management	For	For
1. 3	ELECT J. WAYNE MERCK AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS OUR 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: TEXAS INDUSTRIES, INC. MEETING DATE: 10/17/2006
TICKER: TXI     SECURITY ID: 882491103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT GORDON E. FORWARD AS A DIRECTOR	Management	For	For
1. 2	ELECT KEITH W. HUGHES AS A DIRECTOR	Management	For	For
1. 3	ELECT HENRY H. MAUZ, JR. AS A DIRECTOR	Management	For	For
2	TO APPROVE THE MASTER PERFORMANCE-BASED INCENTIVE PLAN.	Management	For	For
3	TO APPROVE THE SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT AUDITORS.	Management	For	For
4	TO TRANSACT ANY OTHER BUSINESS THAT MAY PROPERLY COME BEFORE THE ANNUAL 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: THE HOME DEPOT, INC. MEETING DATE: 05/24/2007
TICKER: HD     SECURITY ID: 437076102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: DAVID H. BATCHELDER	Management	For	For
2	ELECTION OF DIRECTOR: FRANCIS S. BLAKE	Management	For	For
3	ELECTION OF DIRECTOR: GREGORY D. BRENNEMAN	Management	For	For
4	ELECTION OF DIRECTOR: JOHN L. CLENDENIN	Management	For	For
5	ELECTION OF DIRECTOR: CLAUDIO X. GONZALEZ	Management	For	For
6	ELECTION OF DIRECTOR: MILLEDGE A. HART, III	Management	For	For
7	ELECTION OF DIRECTOR: BONNIE G. HILL	Management	For	For
8	ELECTION OF DIRECTOR: LABAN P. JACKSON, JR.	Management	For	For
9	ELECTION OF DIRECTOR: HELEN JOHNSON-LEIPOLD	Management	For	For
10	ELECTION OF DIRECTOR: LAWRENCE R. JOHNSTON	Management	For	For
11	ELECTION OF DIRECTOR: KENNETH G. LANGONE	Management	For	For
12	TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR ENDING FEBRUARY 3, 2008	Management	For	For
13	SHAREHOLDER PROPOSAL REGARDING POISON PILL IMPLEMENTATION	Shareholder	Against	Against
14	SHAREHOLDER PROPOSAL REGARDING EMPLOYMENT DIVERSITY REPORT DISCLOSURE	Shareholder	Against	Abstain
15	SHAREHOLDER PROPOSAL REGARDING EXECUTIVE OFFICER COMPENSATION	Shareholder	Against	Abstain
16	SHAREHOLDER PROPOSAL REGARDING MANAGEMENT BONUSES	Shareholder	Against	For
17	SHAREHOLDER PROPOSAL REGARDING RETIREMENT BENEFITS	Shareholder	Against	Against
18	SHAREHOLDER PROPOSAL REGARDING EQUITY COMPENSATION	Shareholder	Against	Against
19	SHAREHOLDER PROPOSAL REGARDING PAY-FOR-SUPERIOR PERFORMANCE	Shareholder	Against	Against
20	SHAREHOLDER PROPOSAL REGARDING POLITICAL NONPARTISANSHIP	Shareholder	Against	Abstain
21	SHAREHOLDER PROPOSAL REGARDING CHAIRMAN AND CEO	Shareholder	Against	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: THE RYLAND GROUP, INC. MEETING DATE: 04/25/2007
TICKER: RYL     SECURITY ID: 783764103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT R. CHAD DREIER AS A DIRECTOR	Management	For	For
1. 2	ELECT DANIEL T. BANE AS A DIRECTOR	Management	For	For
1. 3	ELECT LESLIE M. FRECON AS A DIRECTOR	Management	For	For
1. 4	ELECT ROLAND A. HERNANDEZ AS A DIRECTOR	Management	For	For
1. 5	ELECT WILLIAM L. JEWS AS A DIRECTOR	Management	For	For
1. 6	ELECT NED MANSOUR AS A DIRECTOR	Management	For	For
1. 7	ELECT ROBERT E. MELLOR AS A DIRECTOR	Management	For	For
1. 8	ELECT NORMAN J. METCALFE AS A DIRECTOR	Management	For	For
1. 9	ELECT CHARLOTTE ST. MARTIN AS A DIRECTOR	Management	For	For
1. 10	ELECT PAUL J. VARELLO AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE RYLAND GROUP, INC. 2007 EQUITY INCENTIVE PLAN.	Management	For	For
3	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS RYLAND 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: THE SHAW GROUP INC. MEETING DATE: 01/30/2007
TICKER: SGR     SECURITY ID: 820280105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT J.M. BERNHARD, JR. AS A DIRECTOR	Management	For	For
1. 2	ELECT JAMES F. BARKER AS A DIRECTOR	Management	For	For
1. 3	ELECT L. LANE GRIGSBY AS A DIRECTOR	Management	For	For
1. 4	ELECT DANIEL A. HOFFLER AS A DIRECTOR	Management	For	For
1. 5	ELECT DAVID W. HOYLE AS A DIRECTOR	Management	For	For
1. 6	ELECT MICHAEL J. MANCUSO AS A DIRECTOR	Management	For	For
1. 7	ELECT ALBERT D. MCALISTER AS A DIRECTOR	Management	For	For
1. 8	ELECT CHARLES E. ROEMER, III AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE AUDIT COMMITTEE S APPOINTMENT OF ERNST & YOUNG LLP AS OUR INDEPENDENT AUDITORS FOR FISCAL YEAR 2007.	Management	For	For
3	PROPOSAL TO AUTHORIZE REMOVAL OF THE RESTRICTION UPON THE ISSUANCE, PURSUANT TO OUR 2001 EMPLOYEE INCENTIVE COMPENSATION PLAN, OF 1,000,000 OF THE 4,000,000 SHARES OF OUR COMMON STOCK PREVIOUSLY AUTHORIZED BY OUR SHAREHOLDERS IN JANUARY 2006.	Management	For	For
4	PROPOSAL TO APPROVE AN AMENDMENT TO OUR ARTICLES OF INCORPORATION AND OUR BY-LAWS TO ELIMINATE TIME PHASE VOTING AND GIVE ALL OUTSTANDING SHARES OF OUR COMMON STOCK ONE VOTE ON MATTERS PROPERLY SUBMITTED TO OUR SHAREHOLDERS FOR THEIR VOTE.	Management	For	For
5	IF IT IS PROPERLY PRESENTED AT THE ANNUAL MEETING, THE SHAREHOLDER PROPOSAL REGARDING EXECUTIVE SEVERANCE AGREEMENTS DESCRIBED IN THE PROXY STATEMENT.	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: THE SHERWIN-WILLIAMS COMPANY MEETING DATE: 04/18/2007
TICKER: SHW     SECURITY ID: 824348106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT A.F. ANTON AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT J.C. BOLAND AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT C.M. CONNOR AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT D.E. EVANS AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT D.F. HODNIK AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT S.J. KROPF AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT R.W. MAHONEY AS A DIRECTOR	Management	For	Withhold
1. 8	ELECT G.E. MCCULLOUGH AS A DIRECTOR	Management	For	Withhold
1. 9	ELECT A.M. MIXON, III AS A DIRECTOR	Management	For	Withhold
1. 10	ELECT C.E. MOLL AS A DIRECTOR	Management	For	Withhold
1. 11	ELECT R.K. SMUCKER AS A DIRECTOR	Management	For	Withhold
2	APPROVAL OF THE 2007 EXECUTIVE PERFORMANCE BONUS PLAN	Management	For	For
3	RATIFICATION OF APPOINTMENT 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: THE ST. JOE COMPANY MEETING DATE: 05/15/2007
TICKER: JOE     SECURITY ID: 790148100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MICHAEL L. AINSLIE AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT HUGH M. DURDEN AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT THOMAS A. FANNING AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT HARRY H. FRAMPTON, III AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT ADAM W. HERBERT, JR. AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT DELORES M. KESLER AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT JOHN S. LORD AS A DIRECTOR	Management	For	Withhold
1. 8	ELECT WALTER L. REVELL AS A DIRECTOR	Management	For	Withhold
1. 9	ELECT PETER S. RUMMELL AS A DIRECTOR	Management	For	Withhold
1. 10	ELECT WILLIAM H. WALTON, III AS A DIRECTOR	Management	For	Withhold
2	TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE INDEPENDENT AUDITORS OF THE ST. JOE COMPANY FOR THE 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: TOLL BROTHERS, INC. MEETING DATE: 03/14/2007
TICKER: TOL     SECURITY ID: 889478103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ZVI BARZILAY AS A DIRECTOR	Management	For	For
1. 2	ELECT EDWARD G. BOEHNE AS A DIRECTOR	Management	For	For
1. 3	ELECT RICHARD J. BRAEMER AS A DIRECTOR	Management	For	For
1. 4	ELECT CARL B. MARBACH AS A DIRECTOR	Management	For	For
2	THE APPROVAL OF THE TOLL BROTHERS, INC. STOCK INCENTIVE PLAN FOR EMPLOYEES (2007).	Management	For	Against
3	THE APPROVAL OF THE TOLL BROTHERS, INC. STOCK INCENTIVE PLAN FOR NON-EMPLOYEE DIRECTORS (2007).	Management	For	Against
4	THE APPROVAL OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 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: UNITED DOMINION REALTY TRUST, INC. MEETING DATE: 05/08/2007
TICKER: UDR     SECURITY ID: 910197102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT KATHERINE A. CATTANACH AS A DIRECTOR	Management	For	For
1. 2	ELECT ERIC J. FOSS AS A DIRECTOR	Management	For	For
1. 3	ELECT ROBERT P. FREEMAN AS A DIRECTOR	Management	For	For
1. 4	ELECT JON A. GROVE AS A DIRECTOR	Management	For	For
1. 5	ELECT JAMES D. KLINGBEIL AS A DIRECTOR	Management	For	For
1. 6	ELECT ROBERT C. LARSON AS A DIRECTOR	Management	For	For
1. 7	ELECT THOMAS R. OLIVER AS A DIRECTOR	Management	For	For
1. 8	ELECT LYNNE B. SAGALYN AS A DIRECTOR	Management	For	For
1. 9	ELECT MARK J. SANDLER AS A DIRECTOR	Management	For	For
1. 10	ELECT THOMAS W. TOOMEY AS A DIRECTOR	Management	For	For
1. 11	ELECT THOMAS C. WAJNERT AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS OUR INDEPENDENT AUDITORS 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: URS CORPORATION MEETING DATE: 05/24/2007
TICKER: URS     SECURITY ID: 903236107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: H. JESSE ARNELLE	Management	For	Against
2	ELECTION OF DIRECTOR: ARMEN DER MARDEROSIAN	Management	For	Against
3	ELECTION OF DIRECTOR: MICKEY P. FORET	Management	For	Against
4	ELECTION OF DIRECTOR: MARTIN M. KOFFEL	Management	For	Against
5	ELECTION OF DIRECTOR: JOSEPH W. RALSTON	Management	For	Against
6	ELECTION OF DIRECTOR: JOHN D. ROACH	Management	For	Against
7	ELECTION OF DIRECTOR: DOUGLAS W. STOTIAR	Management	For	Against
8	ELECTION OF DIRECTOR: WILLIAM P. SULLIVAN	Management	For	Against
9	ELECTION OF DIRECTOR: WILLIAM D. WALSH	Management	For	Against
10	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS OUR 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: VULCAN MATERIALS COMPANY MEETING DATE: 05/11/2007
TICKER: VMC     SECURITY ID: 929160109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DOUGLAS J. MCGREGOR AS A DIRECTOR	Management	For	For
1. 2	ELECT DONALD B. RICE AS A DIRECTOR	Management	For	For
1. 3	ELECT VINCENT J. TROSINO AS A DIRECTOR	Management	For	For
2	RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE 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: WASHINGTON GROUP INTERNATIONAL, INC. MEETING DATE: 05/18/2007
TICKER: WNG     SECURITY ID: 938862208
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN R. ALM AS A DIRECTOR	Management	For	For
1. 2	ELECT DAVID H. BATCHELDER AS A DIRECTOR	Management	For	For
1. 3	ELECT MICHAEL R. D'APPOLONIA AS A DIRECTOR	Management	For	For
1. 4	ELECT C. SCOTT GREER AS A DIRECTOR	Management	For	For
1. 5	ELECT GAIL E. HAMILTON AS A DIRECTOR	Management	For	For
1. 6	ELECT STEPHEN G. HANKS AS A DIRECTOR	Management	For	For
1. 7	ELECT WILLIAM H. MALLENDER AS A DIRECTOR	Management	For	For
1. 8	ELECT MICHAEL P. MONACO AS A DIRECTOR	Management	For	For
1. 9	ELECT CORDELL REED AS A DIRECTOR	Management	For	For
1. 10	ELECT DENNIS R. WASHINGTON AS A DIRECTOR	Management	For	For
1. 11	ELECT DENNIS K. WILLIAMS AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE AUDIT REVIEW COMMITTEE S APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITOR	Management	For	For
3	PROPOSAL TO APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO ALLOW FOR ELECTION OF DIRECTORS BY MAJORITY VOTE	Management	For	For
4	STOCKHOLDER PROPOSAL TO REQUEST THAT THE BOARD OF DIRECTORS TAKE STEPS NECESSARY TO PROVIDE FOR CUMULATIVE VOTING IN THE ELECTION OF DIRECTORS	Shareholder	Against	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: YIT OYJ MEETING DATE: 03/16/2007
TICKER: --     SECURITY ID: X9862Q104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED. SHOULD YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE AT ADP. THANK YOU	N/A	N/A	N/A
2	MARKET RULES REQUIRE ADP TO DISCLOSE BENEFICIAL OWNER INFORMATION FOR ALL VOTED ACCOUNTS. IF AN ACCOUNT HAS MULTIPLE BENEFICIAL OWNERS, YOU WILL NEED TO PROVIDE THE BREAKDOWN OF EACH BENEFICIAL OWNER NAME, ADDRESS AND SHARE POSITION TO YOUR ADP CLIENT SERVICE REPRESENTATIVE. THIS INFORMATION IS REQUIRED IN ORDER FOR ADP TO LODGE YOUR VOTE	N/A	N/A	N/A
3	RECEIVE FINANCIAL STATEMENTS AND STATUTORY REPORTS	Management	Unknown	Take No Action
4	RECEIVE THE AUDITOR S REPORT	Management	Unknown	Take No Action
5	ACCEPT FINANCIAL STATEMENTS AND STATUTORY STATEMENTS	Management	Unknown	Take No Action
6	APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF EUR 0.65 PER SHARE	Management	Unknown	Take No Action
7	APPROVE RESOLUTION ON RECORD DATE REFERRED TO IN THE BOOK ENTRY SECURITIES SYSTEM	Management	Unknown	Take No Action
8	APPROVE DISCHARGE OF BOARD AND PRESIDENT	Management	Unknown	Take No Action
9	APPROVE TO FIX THE NUMBER OF DIRECTORS AT 5 AND APPROVE THEIR REMUNERATION	Management	Unknown	Take No Action
10	APPROVE THE REMUNERATION OF THE AUDITORS	Management	Unknown	Take No Action
11	RE-ELECT MR. REINO HANHINEN AS A DIRECTOR	Management	Unknown	Take No Action
12	RE-ELECT MR. EINO HALONEN AS A DIRECTOR	Management	Unknown	Take No Action
13	RE-ELECT MS. SARI BALDAUF AS A DIRECTOR	Management	Unknown	Take No Action
14	RE-ELECT MR. ANTTI HERLIN AS A DIRECTOR	Management	Unknown	Take No Action
15	RE-ELECT MR. TEUVO SALMINEN AS A DIRECTOR	Management	Unknown	Take No Action
16	RATIFY PRICEWATERHOUSECOOPERS AS THE AUDITORS	Management	Unknown	Take No Action
17	AMEND THE ARTICLES TO COMPLY WITH NEW FINNISH COMPANIES ACT REGARDING REPLACEREFERENCES TO NOMINAL VALUE OF SHARES AND MINIMUM AND MAXIMUM SHARE CAPITAL WITH STATEMENT THAT SHARES BELONG TO BOOK-ENTRY SECURITIES SYSTEM OTHER AMENDMENTS	Management	Unknown	Take No Action
18	AMEND THE STOCK OPTION PLAN TO DELETE PROVISION SETTING MAXIMUM AMOUNT BY WHICH SHARE CAPITAL CAN BE INCREASED	Management	Unknown	Take No Action
19	APPROVE TO INCREASE THE SHARE CAPITAL BY EUR 82.8 MILLION BY MEANS OF A RESERVE FUND TRANSFER	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.

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