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 Telecommunications 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 07:44:00 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 Telecommunications 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: @ROAD, INC. MEETING DATE: 02/16/2007
TICKER: ARDI     SECURITY ID: 04648K105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO ADOPT THE AGREEMENT AND PLAN OF MERGER ( MERGER AGREEMENT ), DATED AS OF DECEMBER 10, 2006, BY AND AMONG TRIMBLE NAVIGATION LIMITED ( TRIMBLE ), ROADRUNNER ACQUISITION CORP., A WHOLLY OWNED SUBSIDIARY OF TRIMBLE, AND @ROAD, INC. AND THE TRANSACTIONS CONTEMPLATED BY THE MERGER AGREEMENT, INCLUDING THE MERGER.	Management	For	For
2	TO GRANT THE PERSONS NAMED AS PROXIES DISCRETIONARY AUTHORITY TO VOTE TO ADJOURN THE SPECIAL MEETING, IF NECESSARY, TO SOLICIT ADDITIONAL PROXIES IF THERE ARE NOT SUFFICIENT VOTES IN FAVOR OF ADOPTING THE MERGER AGREEMENT AND THE TRANSACTIONS CONTEMPLATED BY THE MERGER AGREEMENT, INCLUDING THE MERGER.	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: ALASKA COMMUNICATIONS SYSTEMS GROUP, MEETING DATE: 07/24/2006
TICKER: ALSK     SECURITY ID: 01167P101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT LIANE J. PELLETIER AS A DIRECTOR	Management	For	For
1. 2	ELECT BRIAN D. ROGERS AS A DIRECTOR	Management	For	For
1. 3	ELECT JOHN M. EGAN AS A DIRECTOR	Management	For	For
1. 4	ELECT PATRICK PICHETTE AS A DIRECTOR	Management	For	For
1. 5	ELECT GARY R. DONAHEE AS A DIRECTOR	Management	For	For
1. 6	ELECT EDWARD J. HAYES, JR. AS A DIRECTOR	Management	For	For
1. 7	ELECT ANNETTE JACOBS AS A DIRECTOR	Management	For	For
1. 8	ELECT DAVID SOUTHWELL AS A DIRECTOR	Management	For	For
2	RATIFICATION 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: ALCATEL MEETING DATE: 09/07/2006
TICKER: ALU     SECURITY ID: 013904305
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVAL OF THE ANNUAL FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2005.	Management	For	For
2	APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2005.	Management	For	For
3	RESULTS FOR THE FISCAL YEAR - APPROPRIATION.	Management	For	For
4	APPOINTMENT OF 2 DIRECTORS.	Management	For	For
5	APPOINTMENT OF 12 DIRECTORS UNDER THE CONDITION PRECEDENT THAT THE MERGER WITH LUCENT IS CONCLUDED.	Management	For	For
6	APPOINTMENT OF A CENSUR (BOARD OBSERVER) UNDER THE CONDITION PRECEDENT THAT THE MERGER WITH LUCENT IS CONCLUDED.	Management	For	For
7	APPOINTMENT OF A CENSUR UNDER THE CONDITION PRECEDENT THAT THE MERGER WITH LUCENT IS CONCLUDED.	Management	For	For
8	RENEWAL OF THE APPOINTMENT OF DELOITTE & ASSOCIES AS PRINCIPAL STATUTORY AUDITORS.	Management	For	For
9	RENEWAL OF THE APPOINTMENT OF ERNST & YOUNG ET AUTRES AS PRINCIPAL STATUTORY AUDITORS.	Management	For	For
10	END OF THE APPOINTMENT OF MR. OLIVIER AZLERES AS DEPUTY STATUTORY AUDITOR AND APPOINTMENT OF BEAS AS DEPUTY STATUTORY AUDITORS.	Management	For	For
11	END OF THE APPOINTMENT OF MR. PHILIPPE PEUCH-LESTRADE AS DEPUTY STATUTORY AUDITOR AND APPOINTMENT OF AUDITEX AS DEPUTY STATUTORY AUDITORS.	Management	For	For
12	APPROVAL OF REGULATED AGREEMENTS WHICH REMAINED IN FORCE DURING THE FISCAL YEAR.	Management	For	For
13	APPROVAL OF A REGULATED AGREEMENT BETWEEN THE COMPANY AND ONE OF ITS DIRECTORS.	Management	For	For
14	AUTHORIZATION TO BE GIVEN TO THE BOARD OF DIRECTORS TO ALLOW THE COMPANY TO PURCHASE AND SELL ITS OWN SHARES.	Management	For	For
15	DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO DECIDE THE ISSUE OF ORDINARY SHARES OF THE COMPANY, WITHOUT SHAREHOLDERS PREFERENTIAL SUBSCRIPTION RIGHTS, TO THE SHAREHOLDERS OF LUCENT TECHNOLOGIES INC., IN ACCORDANCE WITH ARTICLE L. 225-148 OF THE FRENCH COMMERCIAL CODE.	Management	For	For
16	DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO ACKNOWLEDGE, WITH CANCELLATION OF SHAREHOLDERS PREFERENTIAL SUBSCRIPTION RIGHTS, TO WARRANTS AND DEBT ISSUED BY LUCENT, THAT SUCH WARRANTS AND DEBT ARE SECURITIES GIVING ACCESS TO THE SHARE CAPITAL OF THE COMPANY .	Management	For	For
17	DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO DECIDE THE ISSUE, WITH CANCELLATION OF SHAREHOLDERS PREFERENTIAL SUBSCRIPTION RIGHTS OF ORDINARY SHARES OF SECURITIES GIVING ACCESS TO THE SHARE CAPITAL OF THE COMPANY TO LUCENT TECHNOLOGIES, INC.	Management	For	For
18	AMENDMENT OF THE COMPANY S BYLAWS SUBJECT TO THE CONDITION PRECEDENT OF THE COMPLETION OF THE MERGER WITH LUCENT TECHNOLOGIES INC.	Management	For	For
19	EXTENSION OF THE TERM OF OFFICE OF THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER IN LIGHT OF THE EXCEPTIONAL CIRCUMSTANCES OF THE MERGER TRANSACTION WITH LUCENT TECHNOLOGIES INC.	Management	For	For
20	AMENDMENT OF ARTICLE 15 OF THE BYLAWS RELATING TO MEETINGS OF THE BOARD OF DIRECTORS.	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: ALCATEL MEETING DATE: 09/07/2006
TICKER: ALU     SECURITY ID: 013904305
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	AUTHORIZATION TO BE GIVEN TO THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL OF THE COMPANY.	Management	For	For
2	DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO PROCEED WITH THE ISSUE OF ORDINARY SHARES AND ANY SECURITIES CONFERRING AN IMMEDIATE OR FUTURE RIGHT TO THE SHARE CAPITAL OF THE COMPANY OR ITS AFFILIATES COMPANIES.	Management	For	For
3	AUTHORIZATION TO BE GIVEN TO THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL OF THE COMPANY BY THE ISSUANCE OF SHARES OR OTHER SECURITIES CONFERRING A RIGHT TO SHARES OF THE COMPANY, RESERVED TO PARTICIPANTS IN A COMPANY SAVINGS PLAN.	Management	For	For
4	AUTHORIZATION TO BE GIVEN TO THE BOARD OF DIRECTORS TO DISTRIBUTE EXISTING SHARES OF THE COMPANY, OR SHARES TO BE ISSUED BY THE COMPANY, FREE OF CHARGE.	Management	For	For
5	RESOLUTION PROPOSED BY SHAREHOLDERS - NOT APPROVED BY THE BOARD OF DIRECTORS: MODIFCATION OF ARTICLE 22 OF THE BYLAWS - CANCELLATION OF THE PROVISIONS LIMITING VOTING RIGHTS.	Shareholder	Against	Against
6	POWERS.	Management	For	For
7	AMENDMENTS OR NEW RESOLUTIONS PROPOSED AT 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: ALLTEL CORPORATION MEETING DATE: 05/15/2007
TICKER: AT     SECURITY ID: 020039103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT SCOTT T. FORD AS A DIRECTOR	Management	For	For
1. 2	ELECT L.L GELLERSTEDT, III AS A DIRECTOR	Management	For	For
1. 3	ELECT EMON A. MAHONY, JR. AS A DIRECTOR	Management	For	For
1. 4	ELECT RONALD TOWNSEND AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF 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: AMERICA MOVIL, S.A.B. DE C.V. MEETING DATE: 04/27/2007
TICKER: AMX     SECURITY ID: 02364W105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPOINTMENT OR, AS THE CASE MAY BE, REELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS OF THE COMPANY THAT THE HOLDERS OF THE SERIES L SHARES ARE ENTITLED TO APPOINT. ADOPTION OF RESOLUTIONS THEREON.	Management	For	For
2	APPOINTMENT OF DELEGATES TO EXECUTE AND, IF APPLICABLE, FORMALIZE THE RESOLUTIONS ADOPTED BY THE MEETING. ADOPTION OF RESOLUTIONS THEREON.	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: AMERICAN TOWER CORPORATION MEETING DATE: 05/09/2007
TICKER: AMT     SECURITY ID: 029912201
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT RAYMOND P. DOLAN AS A DIRECTOR	Management	For	For
1. 2	ELECT RONALD M. DYKES AS A DIRECTOR	Management	For	For
1. 3	ELECT CAROLYN F. KATZ AS A DIRECTOR	Management	For	For
1. 4	ELECT GUSTAVO LARA CANTU AS A DIRECTOR	Management	For	For
1. 5	ELECT PAMELA D.A. REEVE AS A DIRECTOR	Management	For	For
1. 6	ELECT DAVID E. SHARBUTT AS A DIRECTOR	Management	For	For
1. 7	ELECT JAMES D. TAICLET, JR. AS A DIRECTOR	Management	For	For
1. 8	ELECT SAMME L. THOMPSON AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE AMERICAN TOWER CORPORATION 2007 EQUITY INCENTIVE PLAN.	Management	For	For
3	RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT 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: AT&T INC. MEETING DATE: 07/21/2006
TICKER: T     SECURITY ID: 00206R102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE ISSUANCE OF AT&T COMMON SHARES REQUIRED TO BE ISSUED PURSUANT TO THE MERGER AGREEMENT, DATED AS OF MARCH 4, 2006, BY AND AMONG BELLSOUTH CORPORATION, AT&T INC. AND ABC CONSOLIDATION CORP., AS IT MAY BE AMENDED.	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: AT&T INC. MEETING DATE: 04/27/2007
TICKER: T     SECURITY ID: 00206R102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: WILLIAM F. ALDINGER III	Management	For	For
2	ELECTION OF DIRECTOR: GILBERT F. AMELIO	Management	For	For
3	ELECTION OF DIRECTOR: REUBEN V. ANDERSON	Management	For	For
4	ELECTION OF DIRECTOR: JAMES H. BLANCHARD	Management	For	For
5	ELECTION OF DIRECTOR: AUGUST A. BUSCH III	Management	For	For
6	ELECTION OF DIRECTOR: JAMES P. KELLY	Management	For	For
7	ELECTION OF DIRECTOR: CHARLES F. KNIGHT	Management	For	For
8	ELECTION OF DIRECTOR: JON C. MADONNA	Management	For	For
9	ELECTION OF DIRECTOR: LYNN M. MARTIN	Management	For	For
10	ELECTION OF DIRECTOR: JOHN B. MCCOY	Management	For	For
11	ELECTION OF DIRECTOR: MARY S. METZ	Management	For	For
12	ELECTION OF DIRECTOR: TONI REMBE	Management	For	For
13	ELECTION OF DIRECTOR: JOYCE M. ROCHE	Management	For	For
14	ELECTION OF DIRECTOR: RANDALL L. STEPHENSON	Management	For	For
15	ELECTION OF DIRECTOR: LAURA D ANDREA TYSON	Management	For	For
16	ELECTION OF DIRECTOR: PATRICIA P. UPTON	Management	For	For
17	ELECTION OF DIRECTOR: EDWARD E. WHITACRE, JR.	Management	For	For
18	RATIFY APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
19	APPROVE THE AT&T SEVERANCE POLICY	Management	For	Against
20	STOCKHOLDER PROPOSAL A	Shareholder	Against	Abstain
21	STOCKHOLDER PROPOSAL B	Shareholder	Against	For
22	STOCKHOLDER PROPOSAL C	Shareholder	Against	Against
23	STOCKHOLDER PROPOSAL D	Shareholder	Against	Abstain
24	STOCKHOLDER PROPOSAL E	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: BELLSOUTH CORPORATION MEETING DATE: 07/21/2006
TICKER: BLS     SECURITY ID: 079860102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE THE AGREEMENT AND PLAN OF MERGER, DATED AS OF MARCH 4, 2006, AS AMENDED, AMONG BELLSOUTH, AT&T INC. AND A WHOLLY-OWNED SUBSIDIARY OF AT&T INC.	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: BHARTI AIRTEL LTD MEETING DATE: 08/21/2006
TICKER: --     SECURITY ID: Y0885K108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE AND ADOPT THE AUDITED BALANCE SHEET OF THE COMPANY AS AT 31 MAR 2006,THE PROFIT AND LOSS ACCOUNT FOR THE YE ON THE DATE AND THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON	Management	For	For
2	RE-APPOINT MR. BASHIR CURRIMJEE AS A DIRECTOR, WHO RETIRES BY ROTATION	Management	For	For
3	RE-APPOINT MS. CHUA SOCK KOONG AS A DIRECTOR, WHO RETIRES BY ROTATION	Management	For	For
4	RE-APPOINT MR. DONALD CAMERON AS A DIRECTOR, WHO RETIRES BY ROTATION	Management	For	For
5	APPOINT THE AUDITORS TO HOLD THE OFFICE UNTIL THE CONCLUSION OF NEXT AGM AND AUTHORIZE THE BOARD OF DIRECTORS TO FIX THEIR REMUNERATION	Management	For	For
6	RE-APPOINT MR. AJAY LAL AS A DIRECTOR OF THE COMPANY, WHO RETIRE BY ROTATION	Management	For	For
7	RE-APPOINT MR. GAVIN JOHN DARBY AS A DIRECTOR OF THE COMPANY, WHO RETIRE BY ROTATION	Management	For	For
8	RE-APPOINT MR. PAUL DONOVAN AS A DIRECTOR OF THE COMPANY, WHO RETIRE BY ROTATION	Management	For	For
9	RE-APPOINT MS. SYEDA BILGRAMI IMAM AS A DIRECTOR OF THE COMPANY, WHO RETIRE BY ROTATION	Management	For	For
10	RE-APPOINT MR. ARUN BHARAT RAM AS A DIRECTOR OF THE COMPANY, WHO RETIRE BY ROTATION	Management	For	For
11	RE-APPOINT MR. YORK CHYE CHANG AS A DIRECTOR OF THE COMPANY, WHO RETIRE BY ROTATION	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: BHARTI AIRTEL LTD MEETING DATE: 10/31/2006
TICKER: --     SECURITY ID: Y0885K108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PLEASE NOTE THAT THIS IS A POSTAL MEETING ANNOUNCEMENT. A PHYSICAL MEETING IS NOT BEING HELD FOR THIS COMPANY. THEREFORE, MEETING ATTENDANCE REQUESTS ARE NOT VALID FOR THIS MEETING. IF YOU WISH TO VOTE, YOU MUST RETURN YOUR INSTRUCTIONS BY THE INDICATED CUTOFF DATE. THANK YOU	N/A	N/A	N/A
2	ADOPT AND APPROVE, SUBJECT TO THE APPROVAL OF HONORABLE HIGH COURT OF DELHI, THE SHAREHOLDERS OF BHARTI AIRTEL LIMITED THROUGH THE PROCESS OF POSTAL BALLOT(S) CIRCULATED PURSUANT TO THE NOTICE DATED 23 SEP 2006 UNDER THE ORDER DATED 25 AUG 2006 AND 20 SEP 2006 OF THE HONORABLE HIGH COURT OF DELHI, IN COMPANY APPLICATION (M) NO. 143, THE SCHEME OF AMALGAMATION BETWEEN SATCORM BROAD EQUIPMENT LIMITED TRANSFEROR COMPANY NO.1 , BHARATI BROADBAND LIMITED TRANSFEROR COMPANY NO.2 AND BHARATI AIRTEL ...	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: BHARTI AIRTEL LTD MEETING DATE: 11/20/2006
TICKER: --     SECURITY ID: Y0885K108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PLEASE NOTE THAT THIS IS A POSTAL MEETING ANNOUNCEMENT. A PHYSICAL MEETING ISNOT BEING HELD FOR THIS COMPANY. THEREFORE, MEETING ATTENDANCE REQUESTS ARE NOT VALID FOR THIS MEETING. IF YOU WISH TO VOTE, YOU MUST RETURN YOUR INSTRUCTIONS BY THE INDICATED CUTOFF DATE. THANK YOU	N/A	N/A	N/A
2	PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING ID 343509 DUE TO ADDITIONAL RESOLUTIONS. ALL VOTES RECEIVED ON THE PREVIOUS MEETING WILL BE DISREGARDED AND YOU WILL NEED TO REINSTRUCT ON THIS MEETING NOTICE. THANK YOU.	N/A	N/A	N/A
3	RE-APPOINT, PURSUANT TO THE PROVISIONS OF SECTIONS 198, 269, 309, 310 311, SCHEDULE XIII AND OTHER APPLICABLE PROVISIONS OF THE COMPANIES ACT 1956, INCLUDING ANY STATUTORY MODIFICATION OR RE-ENACTMENT THEREOF OR ANY OTHER LAW AND SUBJECT TO SUCH CONSENT(S), APPROVAL(S) AND PERMISSION(S) AS MAY BE NECESSARY IN THIS REGARD AND SUBJECT TO SUCH CONDITIONS AS MAY BE IMPOSED BY ANY AUTHORITY WHILE GRANTING SUCH CONSENT(S), PERMISSION(S) AND APPROVAL(S) AND AS ARE AGREED TO BY THE BOARD OF DIRECTORS B...	Management	For	For
4	RE-APPOINT, PURSUANT TO THE PROVISIONS OF SECTIONS 198, 269, 309, 310 311, SCHEDULE XIII AND OTHER APPLICABLE PROVISIONS OF THE COMPANIES ACT 1956, INCLUDING ANY STATUTORY MODIFICATION OR RE-ENACTMENT THEREOF OR ANY OTHER LAW AND SUBJECT TO SUCH CONDITIONS AS MAY BE IMPOSED BY ANY AUTHORITY WHILE GRANTING SUCH CONSENT(S), APPROVAL(S) AND PERMISSION(S) AND AS ARE AGREED TO BE THE BOARD OF DIRECTORS BOARD WHICH TERM SHALL UNLESS REPUGNANT TO THE CONTEXT OR MEANING THEREOF, BE DEEMED TO INCLUDE AN...	Management	For	For
5	RE-APPOINT, PURSUANT TO THE PROVISIONS OF SECTIONS 198, 269, 309, 310 311, SCHEDULE XIII AND OTHER APPLICABLE PROVISIONS OF THE COMPANIES ACT 1956, INCLUDING ANY STATUTORY MODIFICATION OR RE-ENACTMENT THEREOF OR ANY OTHER LAW AND SUBJECT TO SUCH CONSENT(S), APPROVAL(S) AND PERMISSION(S) AS MAY BE NECESSARY IN THIS REGARD AND SUBJECT TO SUCH CONDITIONS AS MAY BE IMPOSED BY ANY AUTHORITY WHILE GRANTING SUCH CONSENT(S), APPROVAL(S) AND PERMISSION(S) AND AS AGREED TO BY THE BOARD OF DIRECTORS BOARD...	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: BROADWING CORPORATION MEETING DATE: 01/03/2007
TICKER: BWNG     SECURITY ID: 11161E101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE AND ADOPT THE MERGER AGREEMENT, DATED AS OF OCTOBER 16, 2006, AS AMENDED, AMONG LEVEL 3 COMMUNICATIONS, INC., LEVEL 3 SERVICES, LLC, LEVEL 3 COLORADO, INC. AND BROADWING, AND TO APPROVE THE MERGER PURSUANT TO THE MERGER AGREEMENT.	Management	For	For
2	TO APPROVE THE AMENDMENT AND RESTATEMENT OF BROADWING S EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
3	SUCH OTHER MATTERS 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: CBEYOND, INC. MEETING DATE: 06/08/2007
TICKER: CBEY     SECURITY ID: 149847105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN H. CHAPPLE AS A DIRECTOR	Management	For	For
1. 2	ELECT D. SCOTT LUTTRELL AS A DIRECTOR	Management	For	For
1. 3	ELECT ROBERT ROTHMAN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF ERNST & YOUNG LLP AS INDEPENDENT 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: CISCO SYSTEMS, INC. MEETING DATE: 11/15/2006
TICKER: CSCO     SECURITY ID: 17275R102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CAROL A. BARTZ AS A DIRECTOR	Management	For	For
1. 2	ELECT M. MICHELE BURNS AS A DIRECTOR	Management	For	For
1. 3	ELECT MICHAEL D. CAPELLAS AS A DIRECTOR	Management	For	For
1. 4	ELECT LARRY R. CARTER AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN T. CHAMBERS AS A DIRECTOR	Management	For	For
1. 6	ELECT DR. JOHN L. HENNESSY AS A DIRECTOR	Management	For	For
1. 7	ELECT RICHARD M. KOVACEVICH AS A DIRECTOR	Management	For	For
1. 8	ELECT RODERICK C. MCGEARY AS A DIRECTOR	Management	For	For
1. 9	ELECT STEVEN M. WEST AS A DIRECTOR	Management	For	For
1. 10	ELECT JERRY YANG AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS CISCO S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING JULY 28, 2007.	Management	For	For
3	PROPOSAL SUBMITTED BY A SHAREHOLDER URGING THE BOARD OF DIRECTORS TO ADOPT A POLICY THAT A SIGNIFICANT PORTION OF FUTURE EQUITY COMPENSATION GRANTS TO SENIOR EXECUTIVES SHALL BE SHARES OF STOCK THAT REQUIRE THE ACHIEVEMENT OF PERFORMANCE GOALS AS A PREREQUISITE TO VESTING, AS SET FORTH IN THE ACCOMPANYING PROXY STATEMENT.	Shareholder	Against	Against
4	PROPOSAL SUBMITTED BY SHAREHOLDERS REQUESTING THE BOARD S COMPENSATION COMMITTEE INITIATE A REVIEW OF CISCO S EXECUTIVE COMPENSATION POLICIES AND TO MAKE AVAILABLE, UPON REQUEST, A REPORT OF THAT REVIEW BY JANUARY 1, 2007, AS SET FORTH IN THE ACCOMPANYING PROXY STATEMENT.	Shareholder	Against	Against
5	PROPOSAL SUBMITTED BY SHAREHOLDERS REQUESTING THE BOARD TO PUBLISH A REPORT TO SHAREHOLDERS WITHIN SIX MONTHS PROVIDING A SUMMARIZED LISTING AND ASSESSMENT OF CONCRETE STEPS CISCO COULD REASONABLY TAKE TO REDUCE THE LIKELIHOOD THAT ITS BUSINESS PRACTICES MIGHT ENABLE OR ENCOURAGE THE VIOLATION OF HUMAN RIGHTS, AS SET FORTH IN THE ACCOMPANYING PROXY STATEMENT.	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: COGENT COMMUNICATIONS GROUP INC. MEETING DATE: 04/30/2007
TICKER: CCOI     SECURITY ID: 19239V302
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DAVE SCHAEFFER AS A DIRECTOR	Management	For	For
1. 2	ELECT STEVEN BROOKS AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT LEWIS H. FERGUSON, III. AS A DIRECTOR	Management	For	For
1. 4	ELECT EREL N. MARGALIT AS A DIRECTOR	Management	For	For
1. 5	ELECT TIMOTHY WEINGARTEN AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT RICHARD T. LIEBHABER AS A DIRECTOR	Management	For	For
1. 7	ELECT D. BLAKE BATH AS A DIRECTOR	Management	For	For
2	AMENDMENT TO INCREASE 2004 INCENTIVE AWARD PLAN BY AN ADDITIONAL 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: COMCAST CORPORATION MEETING DATE: 05/23/2007
TICKER: CMCSA     SECURITY ID: 20030N101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT S. DECKER ANSTROM AS A DIRECTOR	Management	For	For
1. 2	ELECT KENNETH J. BACON AS A DIRECTOR	Management	For	For
1. 3	ELECT SHELDON M. BONOVITZ AS A DIRECTOR	Management	For	For
1. 4	ELECT EDWARD D. BREEN AS A DIRECTOR	Management	For	For
1. 5	ELECT JULIAN A. BRODSKY AS A DIRECTOR	Management	For	For
1. 6	ELECT JOSEPH J. COLLINS AS A DIRECTOR	Management	For	For
1. 7	ELECT J. MICHAEL COOK AS A DIRECTOR	Management	For	For
1. 8	ELECT JEFFREY A. HONICKMAN AS A DIRECTOR	Management	For	For
1. 9	ELECT BRIAN L. ROBERTS AS A DIRECTOR	Management	For	For
1. 10	ELECT RALPH J. ROBERTS AS A DIRECTOR	Management	For	For
1. 11	ELECT DR. JUDITH RODIN AS A DIRECTOR	Management	For	For
1. 12	ELECT MICHAEL I. SOVERN AS A DIRECTOR	Management	For	For
2	INDEPENDENT AUDITORS	Management	For	For
3	PREVENT THE ISSUANCE OF NEW STOCK OPTIONS	Shareholder	Against	Against
4	REQUIRE THAT THE CHAIRMAN OF THE BOARD NOT BE AN EMPLOYEE	Shareholder	Against	Against
5	REQUIRE SUSTAINABILITY REPORT	Shareholder	Against	Abstain
6	ADOPT A RECAPITALIZATION PLAN	Shareholder	Against	For
7	REQUIRE ANNUAL VOTE ON EXECUTIVE COMPENSATION	Shareholder	Against	Abstain
8	REQUIRE PAY DIFFERENTIAL REPORT	Shareholder	Against	Against
9	REQUIRE DISCLOSURE OF POLITICAL CONTRIBUTIONS	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: CROWN CASTLE INTERNATIONAL CORP. MEETING DATE: 01/11/2007
TICKER: CCI     SECURITY ID: 228227104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE THE ISSUANCE OF SHARES OF COMMON STOCK OF CROWN CASTLE INTERNATIONAL CORP. TO THE STOCKHOLDERS OF GLOBAL SIGNAL INC. PURSUANT TO THE TERMS OF THE AGREEMENT AND PLAN OF MERGER, DATED OCTOBER 5, 2006, AMONG GLOBAL SIGNAL INC., CROWN CASTLE INTERNATIONAL CORP. AND CCGS HOLDINGS LLC.	Management	For	For
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ISSUER NAME: CROWN CASTLE INTERNATIONAL CORP. MEETING DATE: 05/24/2007
TICKER: CCI     SECURITY ID: 228227104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT EDWARD C. HUTCHESON, JR AS A DIRECTOR	Management	For	For
1. 2	ELECT J. LANDIS MARTIN AS A DIRECTOR	Management	For	For
1. 3	ELECT W. BENJAMIN MORELAND AS A DIRECTOR	Management	For	For
2	TO APPROVE THE AMENDMENT TO THE COMPANY S 2004 STOCK INCENTIVE PLAN TO INCREASE BY 3,000,000 THE NUMBER OF SHARES OF COMPANY COMMON STOCK AUTHORIZED FOR THE ISSUANCE OF AWARDS UNDER SUCH PLAN.	Management	For	Against
3	TO APPROVE THE AMENDMENT AND RESTATEMENT OF THE COMPANY S RESTATED CERTIFICATE OF AMENDMENT, AS AMENDED.	Management	For	Against
4	TO APPROVE RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR FISCAL YEAR 2007.	Management	For	For
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ISSUER NAME: DOBSON COMMUNICATIONS CORPORATION MEETING DATE: 06/04/2007
TICKER: DCEL     SECURITY ID: 256069105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT FRED J. HALL AS A DIRECTOR	Management	For	For
1. 2	ELECT STEVEN P. DUSSEK AS A DIRECTOR	Management	For	For
2	APPROVE THE 2007 PERFORMANCE BONUS PLAN FOR OFFICERS.	Management	For	For
3	RATIFY AND APPROVE THE SELECTION OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR DOBSON COMMUNICATIONS CORPORATION FOR 2007.	Management	For	For
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ISSUER NAME: GLOBAL CROSSING LIMITED MEETING DATE: 06/12/2007
TICKER: GLBC     SECURITY ID: G3921A175
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CHARLES MACALUSO AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT MICHAEL RESCOE AS A DIRECTOR	Management	For	Withhold
2	TO INCREASE THE AUTHORIZED SHARE CAPITAL OF GLOBAL CROSSING FROM 85,000,000 COMMON SHARES TO 110,000,000 COMMON SHARES.	Management	For	For
3	TO AMEND THE 2003 GLOBAL CROSSING LIMITED STOCK INCENTIVE PLAN, TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF GLOBAL CROSSING COMMON STOCK RESERVED FOR ISSUANCE UNDER THAT PLAN.	Management	For	Against
4	TO AMEND THE BYE-LAWS OF GLOBAL CROSSING AS SET FORTH IN APPENDIX A OF THE PROXY STATEMENT.	Management	For	For
5	TO APPOINT ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF GLOBAL CROSSING FOR THE YEAR ENDING DECEMBER 31, 2007 AND TO AUTHORIZE THE AUDIT COMMITTEE TO DETERMINE THEIR REMUNERATION.	Management	For	For
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ISSUER NAME: GOOGLE INC. MEETING DATE: 05/10/2007
TICKER: GOOG     SECURITY ID: 38259P508
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ERIC SCHMIDT AS A DIRECTOR	Management	For	For
1. 2	ELECT SERGEY BRIN AS A DIRECTOR	Management	For	For
1. 3	ELECT LARRY PAGE AS A DIRECTOR	Management	For	For
1. 4	ELECT L. JOHN DOERR AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN L. HENNESSY AS A DIRECTOR	Management	For	For
1. 6	ELECT ARTHUR D. LEVINSON AS A DIRECTOR	Management	For	For
1. 7	ELECT ANN MATHER AS A DIRECTOR	Management	For	For
1. 8	ELECT PAUL S. OTELLINI AS A DIRECTOR	Management	For	For
1. 9	ELECT K. RAM SHRIRAM AS A DIRECTOR	Management	For	For
1. 10	ELECT SHIRLEY M. TILGHMAN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF GOOGLE INC. FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
3	APPROVAL OF AN AMENDMENT TO GOOGLE S 2004 STOCK PLAN TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF CLASS A COMMON STOCK ISSUABLE THEREUNDER BY 4,500,000.	Management	For	Against
4	APPROVAL OF GOOGLE S EXECUTIVE BONUS PLAN.	Management	For	For
5	STOCKHOLDER PROPOSAL TO REQUEST THAT MANAGEMENT INSTITUTE POLICIES TO HELP PROTECT FREEDOM OF ACCESS TO THE INTERNET.	Shareholder	Against	Abstain
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ISSUER NAME: ILIAD, PARIS MEETING DATE: 05/29/2007
TICKER: --     SECURITY ID: F4958P102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	FRENCH RESIDENT SHAREOWNERS MUST COMPLETE, SIGN AND FORWARD THE PROXY CARD DIRECTLY TO THE SUB CUSTODIAN. PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE TO OBTAIN THE NECESSARY CARD, ACCOUNT DETAILS AND DIRECTIONS. THE FOLLOWING APPLIES TO NON-RESIDENT SHAREOWNERS: PROXY CARDS: VOTING INSTRUCTIONS WILL BE FORWARDED TO THE GLOBAL CUSTODIANS THAT HAVE BECOME REGISTERED INTERMEDIARIES, ON THE VOTE DEADLINE DATE. IN CAPACITY AS REGISTERED INTERMEDIARY, THE GLOBAL CUSTODIAN WILL SIGN THE PROX...	N/A	N/A	N/A
2	RECEIVE THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS, APPROVE THE COMPANY S FINANCIAL STATEMENTS FOR THE YE 2006, AS PRESENTED, NET EARNINGS. AFTER TAXATION, FOR THE FY: EUR 77,586,950.00	Management	For	For
3	APPROVE THE RECOMMENDATIONS OF THE BOARD OF DIRECTORS AND RESOLVES THAT THE INCOME FOR THE FY BE APPROPRIATED AS FOLLOWS, INCOME FOR THE FINANCIAL YEAR, EUR 77,586,950.00 ABSORPTION OF THE PRIOR LOSSES, EUR 0.00 LEGAL RESERVE, EUR 0.00 INCREASED OF PRIOR RETAINED EARNINGS, EUR 50,149,855.00 DISTRIBUTABLE INCOME, EUR 127,736,805.00 DIVIDENDS, EUR 14,620,918.50 (I.E. EUR 0.27 FOR EACH SHARE) BALANCE, EUR 113,115,886.50, APPROPRIATE THE REMAINING EUR 113,115,886.50 TO THE RETAINED EARNINGS ACCOUNT,...	Management	For	For
4	RECEIVE THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS, APPROVE THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE SAID FY, IN THE FORM PRESENTED TO THE MEETING SHOWING PROFIT OF EUR 123,900,000.00.	Management	For	For
5	APPROVE SAID REPORT AND THE AGREEMENTS REFERRED TO THEREIN, AFTER HEARING THE SPECIAL REPORT OF THE AUDITORS ON AGREEMENTS GOVERNED BY ARTICLE L.225-38 OF THE FRENCH COMMERCIAL CODE	Management	For	For
6	APPROVE TO AWARD TOTAL ANNUAL FEES OF EUR 60,000.00 TO THE BOARD OF DIRECTORS.	Management	For	For
7	RATIFY THE CO-OPTATION OF MRS. ANTOINETTE WILLARD AS A DIRECTOR TO REPLACE MR. SHAHRIAR TAJBAKHSH FOR THE REMAINDER OF MR. SHAHRIAR TAJBAKHSH S TERM OF OFFICE, I.E. UNTIL THE SHAREHOLDERS MEETING CALLED TO APPROVE THE FINANCIAL STATEMENTS FOR THE FY 2008	Management	For	For
8	APPOINT MR. MAXIME LOMBARDINI AS DIRECTOR, FOR A 6-YEAR PERIOD.	Management	For	For
9	AUTHORIZE THE BOARD OF DIRECTORS TO BUY BACK THE COMPANY S SHARES ON THE OPEN MARKET, SUBJECT TO THE CONDITIONS DESCRIBED BELOW: MAXIMUM PURCHASE PRICE: EUR 200.00, MAXIMUM NUMBER OF SHARES TO BE ACQUIRED: 4% OF THE SHARE CAPITAL, MAXIMUM FUNDS INVESTED IN THE SHARE BUYBACKS: EUR 433,200,000.00, THIS AUTHORIZATION IS GIVEN FOR AN L8-MONTH PERIOD, TO TAKE ALL NECESSARY MEASURES AND ACCOMPLISH ALL NECESSARY FORMALITIES, THIS DELEGATION OF POWERS SUPERSEDES ANY AND ALL EARLIER DELEGATIONS TO THE SA...	Management	For	Against
10	AUTHORIZE THE BOARD OF DIRECTORS TO INCREASE ON 1 OR MORE OCCASIONS, IN FRANCE OR ABROAD, THE SHARE CAPITAL TO A MAXIMUM NOMINAL AMOUNT OF EUR 4,000,000.00, BY ISSUANCE, WITH THE SHAREHOLDERS PREFERRED SUBSCRIPTION RIGHTS MAINTAINED, OF SHARES OR SECURITIES GIVING ACCESS TO THE CAPITAL OF THE COMPANY, UNDER THE CONTROL OF A COMPANY AND RELATED COMPANIES, OR GIVING RIGHT TO THE ALLOCATION OF DEBT SECURITIES, THE PRESENT DELEGATION IS GIVEN FOR A 26-MONTH PERIOD THIS DELEGATION OF POWERS SUPERSED...	Management	For	For
11	AUTHORIZE THE BOARD OF DIRECTORS TO INCREASE ON 1 OR MORE OCCASIONS, IN FRANCE OR ABROAD, THE SHARE CAPITAL TO A MAXIMUM NOMINAL AMOUNT OF EUR 4,000,000.00, BY ISSUANCE, WITH CANCELLATION OF THE SHAREHOLDERS PREFERRED SUBSCRIPTION RIGHTS, OF SHARES OR SECURITIES GIVING ACCESS TO THE CAPITAL OF THE COMPANY, UNDER THE CONTROL OF A COMPANY AND RELATED COMPANIES, OR GIVING RIGHT TO THE ALLOCATION OF DEBT SECURITIES AND UP TO 10% OF THE SHARE CAPITAL, THE ISSUANCE PRICE OF THE SECURITIES GIVING ACCE...	Management	For	For
12	AUTHORIZE THE BOARD OF DIRECTORS TO INCREASE THE NUMBER OF SECURITIES TO BE ISSUED IN THE EVENT OF A CAPITAL INCREASE WITH OR WITHOUT PREFERENTIAL SUBSCRIPTION RIGHT OF SHAREHOLDERS, AT THE SAME PRICE AS THE INITIAL ISSUE, WITHIN 30 DAYS OF THE CLOSING OF THE SUBSCRIPTION PERIOD AND UP TO A MAXIMUM OF 15% OF THE INITIAL ISSUE, THE NOMINAL AMOUNT OF THE CAPITAL INCREASES DECIDED BY TILE PRESENT RESOLUTION SHALL COUNT AGAINST THE AMOUNT OF THE CEILING OF EUR 4,000,000.00 SET FORTH IN RESOLUTION NU...	Management	For	For
13	AUTHORIZE THE BOARD OF DIRECTORS: TO INCREASE THE SHARE CAPITAL, ON 1 OR MORE OCCASIONS, AT ITS SOLE DISCRETION, IN FAVOR OF EMPLOYEES OF THE COMPANY AND THE RELATED COMPANIES, WHO ARE MEMBERS OF A COMPANY SAVINGS PLAN THIS DELETION IS GIVEN FOR A 26-MONTH PERIOD AND FOR A NOMINAL AMOUNT THAT SHALL NOT EXCEED EUR 100,000.00; TO TAKE ALL NECESSARY MEASURES AND ACCOMPLISH ALL NECESSARY FORMALITIES; TO CHARGE THE SHARE ISSUANCE COSTS AGAINST THE RELATED PREMIUMS AND DEDUCT FROM THE PREMIUMS THE AMO...	Management	For	For
14	AUTHORIZE THE BOARD OF DIRECTORS IN ORDER TO INCREASE THE SHARE CAPITAL, IN 1 OR MORE OCCASIONS AND AT ITS SOLE DISCRETION BY A MAXIMUM NOMINAL AMOUNT OF EUR 75,000,000.00 BY WAY OF CAPITALIZING RESERVES PROFITS, PREMIUMS OR OTHER MEANS PROVIDED THAT SUCH CAPITALIZATION IS ALLOWED BY LAW AND UNDER THE BY-LAWS, BY ISSUING BONUS SHARES OR RAISING THE PAR VALUE OF EXISTING SHARES OR BY A COMBINATION OF THESE METHODS THIS AUTHORIZATION IS GIVEN FOR A 26-MONTH PERIOD; TO TAKE ALL NECESSARY MEASURES A...	Management	For	For
15	AUTHORIZE THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL, ON 1 OR MORE OCCASIONS AND AT ITS SOLE DISCRETION, BY CANCELING ALL OR PART OF THE SHARES HELD BY THE COMPANY IN CONNECTION WITH A STOCK REPURCHASE PLAN, UP TO A MAXIMUM OF 10% OF THE SHARE CAPITAL OVER A 24-MONTH PERIOD THIS AUTHORIZATION IS GIVEN FOR A 26-MONTH PERIOD; TO TAKE ALL NECESSARY MEASURES AND ACCOMPLISH ALL NECESSARY FORMALITIES	Management	For	For
16	AMEND ARTICLE NUMBER 26 OF THE BYLAWS - ACCESS TO THE SHAREHOLDERS MEETINGS- POWERS	Management	For	For
17	GRANT FULL POWERS TO THE BEARER OF AN ORIGINAL A COPY OR EXTRACT OF THE MINUTES OF THIS MEETING TO CARRY OUT ALL FILINGS, PUBLICATIONS AND OTHER FORMALITIES PRESCRIBED BY LAW	Management	For	For
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ISSUER NAME: JUNIPER NETWORKS, INC. MEETING DATE: 05/17/2007
TICKER: JNPR     SECURITY ID: 48203R104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT M. CALDERONI AS A DIRECTOR	Management	For	For
1. 2	ELECT PRADEEP SINDHU AS A DIRECTOR	Management	For	For
2	RATIFICATION OF ERNST & YOUNG LLP, AN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, AS AUDITORS.	Management	For	For
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ISSUER NAME: LEAP WIRELESS INTERNATIONAL, INC. MEETING DATE: 05/17/2007
TICKER: LEAP     SECURITY ID: 521863308
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES D. DONDERO AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN D. HARKEY, JR. AS A DIRECTOR	Management	For	For
1. 3	ELECT S. DOUGLAS HUTCHESON AS A DIRECTOR	Management	For	For
1. 4	ELECT ROBERT V. LAPENTA AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT MARK H. RACHESKY, M.D. AS A DIRECTOR	Management	For	For
1. 6	ELECT MICHAEL B. TARGOFF AS A DIRECTOR	Management	For	For
2	TO APPROVE THE SECOND AMENDMENT TO THE 2004 STOCK OPTION, RESTRICTED STOCK AND DEFERRED STOCK UNIT PLAN, AS AMENDED, INCREASING THE NUMBER OF SHARES OF COMMON STOCK RESERVED FOR ISSUANCE THEREUNDER FROM 4,800,000 TO 8,300,000 SHARES, AND SUCH PLAN, AS AMENDED, INCLUDING THE SECOND AMENDMENT.	Management	For	Against
3	TO APPROVE THE LEAP WIRELESS INTERNATIONAL, INC. EXECUTIVE INCENTIVE BONUS PLAN.	Management	For	For
4	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS LEAP S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
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ISSUER NAME: LEVEL 3 COMMUNICATIONS, INC. MEETING DATE: 05/24/2007
TICKER: LVLT     SECURITY ID: 52729N100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WALTER SCOTT, JR. AS A DIRECTOR	Management	For	For
1. 2	ELECT JAMES Q. CROWE AS A DIRECTOR	Management	For	For
1. 3	ELECT ROBERT E. JULIAN AS A DIRECTOR	Management	For	For
1. 4	ELECT ARUN NETRAVALI AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN T. REED AS A DIRECTOR	Management	For	For
1. 6	ELECT MICHAEL B. YANNEY AS A DIRECTOR	Management	For	For
2	TO APPROVE THE GRANTING TO THE LEVEL 3 BOARD OF DIRECTORS OF DISCRETIONARY AUTHORITY TO AMEND LEVEL 3 S RESTATED CERTIFICATE OF INCORPORATION TO EFFECT A REVERSE STOCK SPLIT AT ONE OF FOUR RATIOS.	Management	For	For
3	TO AUTHORIZE THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.	Management	For	Abstain
4	STOCKHOLDER PROPOSAL TO ELIMINATE SUPERMAJORITY PROVISIONS IN THE LEVEL 3 RESTATED CERTIFICATE OF INCORPORATION AND BY-LAWS.	Shareholder	Against	For
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ISSUER NAME: LIBERTY GLOBAL, INC. MEETING DATE: 06/19/2007
TICKER: LBTYA     SECURITY ID: 530555101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN W. DICK AS A DIRECTOR	Management	For	For
1. 2	ELECT J.C. SPARKMAN AS A DIRECTOR	Management	For	For
1. 3	ELECT J. DAVID WARGO AS A DIRECTOR	Management	For	For
2	AUDITORS RATIFICATION	Management	For	For
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ISSUER NAME: NTELOS HOLDINGS CORP MEETING DATE: 05/04/2007
TICKER: NTLS     SECURITY ID: 67020Q107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT TIMOTHY G. BILTZ AS A DIRECTOR	Management	For	For
1. 2	ELECT CHRISTOPHER BLOISE AS A DIRECTOR	Management	For	For
1. 3	ELECT ANDREW GESELL AS A DIRECTOR	Management	For	For
1. 4	ELECT DANIEL J. HENEGHAN AS A DIRECTOR	Management	For	For
1. 5	ELECT ERIC B. HERTZ AS A DIRECTOR	Management	For	For
1. 6	ELECT MICHAEL HUBER AS A DIRECTOR	Management	For	For
1. 7	ELECT JAMES S. QUARFORTH AS A DIRECTOR	Management	For	For
1. 8	ELECT STEVEN RATTNER AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS TO SERVE AS NTELOS 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: ORASCOM TELECOM S A E MEETING DATE: 04/18/2007
TICKER: --     SECURITY ID: 68554W205
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. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE.	N/A	N/A	N/A
2	RATIFY THE BOARD OF DIRECTORS REPORT ON THE ACTIVITIES OF THE COMPANY FOR THE FYE 31 DEC 2006	Management	Unknown	Take No Action
3	RATIFY THE AUDITORS REPORT ON THE BALANCE SHEET AND INCOME STATEMENT OF THE COMPANY FOR THE FYE 31 DEC 2006	Management	Unknown	Take No Action
4	APPROVE THE FINANCIAL STATEMENTS OF THE COMPANY AS WELL AS THE ENDORSEMENT OFTHE COMPANY S GENERAL BUDGET AND CALCULATIONS OF PROFITS AND LOSSES INCURRED, FOR THE FYE 31 DEC 2006	Management	Unknown	Take No Action
5	APPROVE THE DIVIDEND DISTRIBUTION FOR THE FYE 31 DEC 2006	Management	Unknown	Take No Action
6	APPROVE THE INDEMNIFICATION OF THE BOARD MEMBERS FOR ACTIONS PERFORMED DURINGTHE FYE 31 DEC 2006	Management	Unknown	Take No Action
7	RATIFY THE REMUNERATION OF THE BOARD OF DIRECTORS FOR THE FYE 31 DEC 2006 ANDAPPROVE THE REMUNERATION OF THE BOARD DIRECTORS FOR THE FYE 31 DEC 2006	Management	Unknown	Take No Action
8	RE-APPOINT THE COMPANY S AUDITORS AT THE CONCLUSION OF THE NEXT MEETING AT A REMUNERATION TO BE DETERMINED AT THE MEETING	Management	Unknown	Take No Action
9	AUTHORIZE THE BOARD OF DIRECTORS TO ENTER INTO AND EXECUTE RELATED PARTY CONTRACTS WITH THE SUBSIDIARIES AND SISTER COMPANIES OF THE COMPANY	Management	Unknown	Take No Action
10	AUTHORIZE THE BOARD OF DIRECTORS OF THE COMPANY FOR ENTERING INTO PLEDGE CONTRACTS AS WELL AS THE ISSUANCE OF SECURITY TO LENDERS ON BEHALF OF THE COMPANY, THE SUBSIDIARIES AND SISTER COMPANIES THEREOF	Management	Unknown	Take No Action
11	RATIFY THE DONATIONS MADE DURING THE FYE 31 DEC 2006 AND AUTHORIZE THE BOARD OF DIRECTORS TO MAKE DONATIONS DURING THE FYE 31 DEC 2006 WITHIN THE LIMITS TO BE DETERMINED AT THE MEETING	Management	Unknown	Take No Action
12	RATIFY THE CHANGES TO THE MEMBERSHIP OF THE BOARD OF DIRECTORS OF THE COMPANYAND THE RE-CONSTITUTION OF THE BOARD OF DIRECTORS	Management	Unknown	Take No Action
13	APPROVE TO REDUCE THE CAPITAL OF THE COMPANY BY CANCELING THE TREASURY STOCKSPURCHASED BY THE COMPANY AND AMEND THE ARTICLES (6,7) OF THE ARTICLES OF ASSOCIATION OF THE COMPANY ACCORDING TO THE PROVISIONS OF ARTICLE (150) OF THE EXECUTIVE REGULATIONS OF LAW NUMBER (159) FOR THE YEAR 1981	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: POWERWAVE TECHNOLOGIES, INC. MEETING DATE: 10/27/2006
TICKER: PWAV     SECURITY ID: 739363109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DANIEL A. ARTUSI AS A DIRECTOR	Management	For	For
1. 2	ELECT RONALD J. BUSCHUR AS A DIRECTOR	Management	For	For
1. 3	ELECT JOHN L. CLENDENIN AS A DIRECTOR	Management	For	For
1. 4	ELECT BRUCE C. EDWARDS AS A DIRECTOR	Management	For	For
1. 5	ELECT DAVID L. GEORGE AS A DIRECTOR	Management	For	For
1. 6	ELECT EUGENE L. GODA AS A DIRECTOR	Management	For	For
1. 7	ELECT CARL W. NEUN AS A DIRECTOR	Management	For	For
1. 8	ELECT ANDREW J. SUKAWATY AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS: TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS.	Management	For	For
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ISSUER NAME: QWEST COMMUNICATIONS INTERNATIONAL I MEETING DATE: 05/23/2007
TICKER: Q     SECURITY ID: 749121109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: RICHARD C. NOTEBAERT	Management	For	For
2	ELECTION OF DIRECTOR: LINDA G. ALVARADO	Management	For	For
3	ELECTION OF DIRECTOR: CHARLES L. BIGGS	Management	For	For
4	ELECTION OF DIRECTOR: K. DANE BROOKSHER	Management	For	For
5	ELECTION OF DIRECTOR: PETER S. HELLMAN	Management	For	For
6	ELECTION OF DIRECTOR: R. DAVID HOOVER	Management	For	For
7	ELECTION OF DIRECTOR: PATRICK J. MARTIN	Management	For	For
8	ELECTION OF DIRECTOR: CAROLINE MATTHEWS	Management	For	For
9	ELECTION OF DIRECTOR: WAYNE W. MURDY	Management	For	For
10	ELECTION OF DIRECTOR: FRANK P. POPOFF	Management	For	For
11	ELECTION OF DIRECTOR: JAMES A. UNRUH	Management	For	For
12	ELECTION OF DIRECTOR: ANTHONY WELTERS	Management	For	For
13	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT AUDITOR FOR 2007	Management	For	For
14	APPROVAL OF THE AMENDED AND RESTATED EQUITY INCENTIVE PLAN	Management	For	For
15	STOCKHOLDER PROPOSAL - REQUESTING THAT OUR BOARD ESTABLISH A POLICY WHEREBY AT LEAST 75% OF FUTURE EQUITY COMPENSATION AWARDED TO SENIOR EXECUTIVES BE PERFORMANCE-BASED AND THE RELATED PERFORMANCE METRICS BE DISCLOSED TO STOCKHOLDERS	Shareholder	Against	Against
16	STOCKHOLDER PROPOSAL - REQUESTING THAT OUR BOARD ESTABLISH A POLICY THAT STOCKHOLDERS HAVE THE OPPORTUNITY AT EACH ANNUAL MEETING TO VOTE ON AN ADVISORY RESOLUTION PROPOSED BY MANAGEMENT TO RATIFY CERTAIN COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS	Shareholder	Against	Abstain
17	STOCKHOLDER PROPOSAL - REQUESTING THAT WE SEEK STOCKHOLDER APPROVAL OF CERTAIN BENEFITS FOR SENIOR EXECUTIVES UNDER OUR NON-QUALIFIED PENSION PLAN OR ANY SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN	Shareholder	Against	Against
18	STOCKHOLDER PROPOSAL - REQUESTING THAT OUR BOARD ESTABLISH A POLICY OF SEPARATING THE ROLES OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER WHENEVER POSSIBLE	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: RURAL CELLULAR CORPORATION MEETING DATE: 05/25/2007
TICKER: RCCC     SECURITY ID: 781904107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES V. CONTINENZA AS A DIRECTOR	Management	For	For
1. 2	ELECT JACQUES LEDUC AS A DIRECTOR	Management	For	For
1. 3	ELECT WESLEY E. SCHULTZ AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE COMPANY S 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: SBA COMMUNICATIONS CORPORATION MEETING DATE: 05/17/2007
TICKER: SBAC     SECURITY ID: 78388J106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JACK LANGER AS A DIRECTOR	Management	For	For
1. 2	ELECT JEFFREY A. STOOPS AS A DIRECTOR	Management	For	For
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ISSUER NAME: SPRINT NEXTEL CORPORATION MEETING DATE: 05/08/2007
TICKER: S     SECURITY ID: 852061100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: KEITH J. BANE	Management	For	For
2	ELECTION OF DIRECTOR: ROBERT R. BENNETT	Management	For	For
3	ELECTION OF DIRECTOR: GORDON M. BETHUNE	Management	For	For
4	ELECTION OF DIRECTOR: FRANK M. DRENDEL	Management	For	For
5	ELECTION OF DIRECTOR: GARY D. FORSEE	Management	For	For
6	ELECTION OF DIRECTOR: JAMES H. HANCE, JR.	Management	For	For
7	ELECTION OF DIRECTOR: V. JANET HILL	Management	For	For
8	ELECTION OF DIRECTOR: IRVINE O. HOCKADAY, JR.	Management	For	For
9	ELECTION OF DIRECTOR: LINDA KOCH LORIMER	Management	For	For
10	ELECTION OF DIRECTOR: WILLIAM H. SWANSON	Management	For	For
11	TO RATIFY APPOINTMENT OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF SPRINT NEXTEL FOR 2007.	Management	For	For
12	TO APPROVE THE 2007 OMNIBUS INCENTIVE PLAN.	Management	For	Against
13	SHAREHOLDER PROPOSAL CONCERNING ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS.	Shareholder	Against	Abstain
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ISSUER NAME: SYNCHRONOSS TECHNOLOGIES INC MEETING DATE: 05/10/2007
TICKER: SNCR     SECURITY ID: 87157B103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CHARLES E. HOFFMAN AS A DIRECTOR	Management	For	For
1. 2	ELECT JAMES M. MCCORMICK AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG, LLP AS THE COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS FOR THE FISCAL YEARS 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: TEKELEC MEETING DATE: 08/04/2006
TICKER: TKLC     SECURITY ID: 879101103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT V. ADAMS AS A DIRECTOR	Management	For	For
1. 2	ELECT JEAN-CLAUDE ASSCHER AS A DIRECTOR	Management	For	For
1. 3	ELECT DANIEL L. BRENNER AS A DIRECTOR	Management	For	For
1. 4	ELECT MARK A. FLOYD AS A DIRECTOR	Management	For	For
1. 5	ELECT MARTIN A. KAPLAN AS A DIRECTOR	Management	For	For
1. 6	ELECT FRANCO PLASTINA AS A DIRECTOR	Management	For	For
1. 7	ELECT JON F. RAGER AS A DIRECTOR	Management	For	For
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ISSUER NAME: TELEFONICA SA MEETING DATE: 05/10/2007
TICKER: --     SECURITY ID: 879382109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING ID 365237 DUE TO RECEIPT OF DIRECTORS NAMES AND CHANGE IN MEETING DATE. ALL VOTES RECEIVED ON THE PREVIOUS MEETING WILL BE DISREGARDED AND YOU WILL NEED TO REINSTRUCT ON THIS MEETING NOTICE. THANK YOU.	N/A	N/A	N/A
2	PLEASE NOTE THAT THIS IS AN OGM. THANK YOU.	N/A	N/A	N/A
3	EXAMINATION AND APPROVAL, IF APPROPRIATE, OF THE INDIVIDUAL ANNUAL ACCOUNTS, OF THE CONSOLIDATED FINANCIAL STATEMENTS (CONSOLIDATED ANNUAL ACCOUNTS) AND OF THE MANAGEMENT REPORT OF TELEFONICA, S.A. AND ITS CONSOLIDATED GROUP OF COMPANIES, AS WELL AS OF THE PROPOSED ALLOCATION OF PROFITS/LOSSES OF TELEFONICA, S.A. AND OF THE MANAGEMENT OF ITS BOARD OF DIRECTORS, ALL WITH RESPECT TO THE FISCAL YEAR 2006.	Management	For	For
4	RE-ELECTION OF MR. CESAR ALIERTA IZUEL.	Management	For	For
5	RE-ELECTION OF MR. MAXIMINO CARPIO GARCIA.	Management	For	For
6	RE-ELECTION OF MR. GONZALO HINOJOSA FERNANDEZ DE ANGULO.	Management	For	For
7	RE-ELECTION OF MR. PABLO ISLA ALVAREZ DE TEJERA.	Management	For	For
8	RE-ELECTION OF MR. ENRIQUE USED AZNAR.	Management	For	For
9	RE-ELECTION OF MR. GREGORIO VILLALABEITIA GALARRAGA.	Management	For	For
10	RATIFICATION OF THE INTERIM APPOINTMENT OF MR. JOSE MARIA ALVAREZ-PALLETE LOPEZ.	Management	For	For
11	AUTHORIZATION TO ACQUIRE THE COMPANY S OWN SHARES, EITHER DIRECTLY OR THROUGH GROUP COMPANIES.	Management	For	For
12	DELEGATION TO THE BOARD OF DIRECTORS OF THE POWER TO ISSUE DEBENTURES, BONDS, NOTES AND OTHER FIXED-INCOME SECURITIES, BE THEY SIMPLE, EXCHANGEABLE AND/OR CONVERTIBLE, WITH AN ALLOCATION IN THE LAST CASE OF THE POWER TO EXCLUDE THE PRE-EMPTIVE RIGHTS OF SHAREHOLDERS AND HOLDERS OF CONVERTIBLE SECURITIES, THE POWER TO ISSUE PREFERRED SHARES, AND THE POWER TO GUARANTEE THE ISSUANCES OF SUBSIDIARIES.	Management	For	For
13	REDUCTION IN SHARE CAPITAL BY MEANS OF THE REPURCHASE OF THE COMPANY S OWN SHARES, WITH THE EXCLUSION OF CREDITORS RIGHT TO CHALLENGE THE REPURCHASE, AND REVISING THE TEXT OF THE ARTICLE OF THE BY-LAWS RELATING TO SHARE CAPITAL.	Management	For	For
14	AMENDMENTS REGARDING THE GENERAL SHAREHOLDERS MEETING: AMENDMENT OF ARTICLE 14 (POWERS OF THE SHAREHOLDERS ACTING AT A GENERAL SHAREHOLDER MEETING); AMENDMENT OF PARAGRAPHS 1 AND 3 OF ARTICLE 15 (ORDINARY AND EXTRAORDINARY SHAREHOLDERS MEETING); AMENDMENT OF PARAGRAPH 1 OF AND ADDITION OF PARAGRAPH 4 TO ARTICLE 16 (CALL TO THE GENERAL SHAREHOLDERS MEETING); AMENDMENT OF ARTICLE 18 (SHAREHOLDERS RIGHT TO RECEIVE INFORMATION); AMENDMENT OF ARTICLE 19 (CHAIRMANSHIP OF THE MEETING AND PREPARATI...	Management	For	For
15	AMENDMENTS REGARDING PROXY-GRANTING AND VOTING BY MEANS OF LONG-DISTANCE COMMUNICATION AND REMOTE ATTENDANCE AT THE MEETING: AMENDMENT OF ARTICLE 17 (RIGHT TO ATTEND); INSERTION OF A NEW ARTICLE 17 BIS (REMOTE ATTENDANCE BY ELECTRONIC OR DATA TRANSMISSION MEANS); AND INSERTION OF A NEW ARTICLE 20 BIS (CASTING OF VOTES FROM A DISTANCE PRIOR TO THE MEETING).	Management	For	For
16	AMENDMENTS REGARDING THE BOARD OF DIRECTORS: ELIMINATION OF PARAGRAPH 4 OF ARTICLE 24 (COMPOSITION AND APPOINTMENT OF THE BOARD OF DIRECTORS); AMENDMENT OF PARAGRAPH 2 OF ARTICLE 25 (REQUIREMENTS FOR APPOINTMENT AS DIRECTOR); AMENDMENT OF ARTICLE 27 (MEETINGS, QUORUM AND ADOPTION OF RESOLUTIONS BY THE BOARD); AMENDMENT OF ARTICLE 30 (POWERS OF THE BOARD OF DIRECTORS); AND AMENDMENT OF ARTICLE 31 BIS (AUDIT AND CONTROL COMMITTEE).	Management	For	For
17	AMENDMENT OF ARTICLE 5 (POWERS OF THE SHAREHOLDERS AT THE GENERAL SHAREHOLDERS MEETING).	Management	For	For
18	AMENDMENTS RELATING TO THE CALL TO AND PREPARATION OF THE GENERAL SHAREHOLDERS MEETING: AMENDMENT OF PARAGRAPH 2 OF ARTICLE 7 (POWER AND OBLIGATION TO CALL TO MEETING); INSERTION OF A NEW SUB-SECTION 3 IN ARTICLE 8 (PUBLICATION AND NOTICE OF THE CALL TO MEETING); AMENDMENT OF SUB-SECTION 2 OF ARTICLE 9 (INFORMATION AVAILABLE TO THE SHAREHOLDERS FROM PUBLICATION OF THE NOTICE OF THE CALL TO MEETING); AMENDMENT OF SUB-SECTION 3 OF ARTICLE 10 (RIGHT TO RECEIVE INFORMATION).	Management	For	For
19	AMENDMENTS RELATING TO PROXY-GRANTING AND VOTING BY MEANS OF LONG-DISTANCE COMMUNICATION AND REMOTE ATTENDANCE AT THE MEETING: AMENDMENT OF SUB-SECTION 1 AND INSERTION OF NEW SUB-SECTIONS 5 THROUGH 7 OF ARTICLE 13 (PROXY-GRANTING AND REPRESENTATION); AMENDMENT OF SUB-SECTION 6 OF ARTICLE 15 (PREPARATION OF THE ATTENDANCE ROLL); INSERTION OF A NEW ARTICLE 17 BIS (REMOTE ATTENDANCE BY ELECTRONIC OR DATA TRANSMISSION MEANS); AND INSERTION OF A NEW ARTICLE 20 BIS (CASTING OF VOTES FROM A DISTANCE PR...	Management	For	For
20	OTHER AMENDMENTS: AMENDMENT OF ARTICLE 21 (VOTING ON THE PROPOSED RESOLUTIONS) AND AMENDMENT OF ARTICLE 24 (CONTINUATION).	Management	For	For
21	DELEGATION OF POWERS TO FORMALIZE, INTERPRET, CURE AND CARRY OUT THE RESOLUTIONS ADOPTED BY THE SHAREHOLDERS AT THE GENERAL SHAREHOLDERS MEETING.	Management	For	For
22	PLEASE NOTE THAT THIS ADDITIONAL INFORMATION IS DIRECTED TO INVESTORS: PLEASEBE ADVISED THAT ADDITIONAL INFORMATION CONCERNING TELEF NICA, S.A. CAN ALSO BE VIEWED ON THE COMPANY WEBSITE: HTTP://WWW.TELEFONICA.ES/INVESTORS/	N/A	N/A	N/A
23	PLEASE NOTE THAT THIS ADDITIONAL INFORMATION IS DIRECTED TO CUSTDIAN BANKS: PLEASE BE ADVISED THAT ADDITIONAL INFORMATION CONCERNING TELEF NICA, S.A. CAN ALSO BE VIEWED ON THE COMPANY WEBSITE: HTTP://WWW.TELEFONICA.ES/INVESTORS/	N/A	N/A	N/A
24	PLEASE NOTE THAT THIS IS A REVISION DUE TO THE MEETING BEING REVISED AS AN ISSUER PAY MEETING AND ADDITIONAL COMMENTS. IF YOU HAVE ALREADY SENT IN YOUR VOTES, PLEASE DO NOT RETURN THIS PROXY FORM UNLESS YOU DECIDE TO AMEND YOUR ORIGINAL INSTRUCTIONS.THANK YOU.	N/A	N/A	N/A
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: TELEFONICA, S.A. MEETING DATE: 05/09/2007
TICKER: TEF     SECURITY ID: 879382208
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	EXAMINATION AND APPROVAL, IF APPROPRIATE, OF THE INDIVIDUAL ANNUAL ACCOUNTS, OF THE CONSOLIDATED FINANCIAL STATEMENTS AND OF THE MANAGEMENT REPORT OF TELEFONICA, S.A.	Management	For	For
2. 1	ELECT MR. C. ALIERTA IZUEL+ AS A DIRECTOR	Management	For	For
2. 2	ELECT MR. M. CARPIO GARCIA+ AS A DIRECTOR	Management	For	For
2. 3	ELECT MR. G.H.F. DE ANGULO+ AS A DIRECTOR	Management	For	For
2. 4	ELECT MR. P.I.A. DE TEJERA+ AS A DIRECTOR	Management	For	For
2. 5	ELECT ENRIQUE USED AZNAR+ AS A DIRECTOR	Management	For	For
2. 6	ELECT G.V. GALARRAGA+ AS A DIRECTOR	Management	For	For
2. 7	ELECT MR. J.M.A.P. LOPEZ# AS A DIRECTOR	Management	For	For
3	AUTHORIZATION TO ACQUIRE THE COMPANY S OWN SHARES, EITHER DIRECTLY OR THROUGH GROUP COMPANIES.	Management	For	For
4	DELEGATION TO THE BOARD OF DIRECTORS THE POWER TO ISSUE DEBENTURES, BONDS, NOTES AND OTHER FIXED-INCOME SECURITIES.	Management	For	For
5	REDUCTION IN SHARE CAPITAL BY MEANS OF THE REPURCHASE OF THE COMPANY S OWN SHARES.	Management	For	For
6	AMENDMENTS REGARDING THE GENERAL SHAREHOLDERS MEETING.	Management	For	For
7	AMENDMENTS REGARDING PROXY-GRANTING AND VOTING BY MEANS OF LONG-DISTANCE COMMUNICATION AND REMOTE ATTENDANCE.	Management	For	For
8	AMENDMENTS REGARDING THE BOARD OF DIRECTORS.	Management	For	For
9	AMENDMENT OF ARTICLE 5 (POWERS OF THE SHAREHOLDERS AT THE GENERAL SHAREHOLDERS MEETING).	Management	For	For
10	AMENDMENTS RELATING TO THE CALL TO AND PREPARATION OF THE GENERAL SHAREHOLDERS MEETING.	Management	For	For
11	AMENDMENTS RELATING TO PROXY-GRANTING AND VOTING BY MEANS OF LONG-DISTANCE COMMUNICATION AND REMOTE ATTENDANCE.	Management	For	For
12	OTHER AMENDMENTS: AMENDMENT OF ARTICLE 21 AND AMENDMENT OF ARTICLE 24.	Management	For	For
13	DELEGATION OF POWERS TO FORMALIZE, INTERPRET, CURE AND CARRY OUT THE RESOLUTIONS ADOPTED BY THE SHAREHOLDERS.	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: TELENOR ASA MEETING DATE: 05/15/2007
TICKER: --     SECURITY ID: R21882106
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. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE	N/A	N/A	N/A
2	MARKET RULES REQUIRE 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 CLIENT SERVICE REPRESENTATIVE. THIS INFORMATION IS REQUIRED IN ORDER TO LODGE YOUR VOTE	N/A	N/A	N/A
3	PLEASE NOTE THAT THIS IS AN AGM. THANK YOU.	N/A	N/A	N/A
4	APPROVE THE NOTICE OF THE AGM	Management	Unknown	Take No Action
5	ELECT A REPRESENTATIVE TO SIGN THE MINUTES OF THE AGM TOGETHER WITH THE CHAIRMAN OF THE MEETING	Management	Unknown	Take No Action
6	APPROVE THE ANNUAL ACCOUNTS AND ANNUAL REPORT FOR THE FINANCIAL YEAR 2006 ANDTO PAY A DIVIDEND OF NOK 2.50 PER SHARE	Management	Unknown	Take No Action
7	APPROVE THE REMUNERATION TO THE COMPANY S AUDITOR	Management	Unknown	Take No Action
8	APPROVE THE BOARD S DECLARATION REGARDING THE DETERMINATION OF SALARY AND OTHER REMUNERATION TO SENIOR EMPLOYEES, PURSUANT TO SECTION 6-16A IN THE ACT RELATING TO PUBLIC LIMITED COMPANIES	Management	Unknown	Take No Action
9	APPROVE NOK 5 BILLION TRANSFER FROM SHARE PREMIUM ACCOUNT TO UNRESTRICTED SHAREHOLDER S EQUITY	Management	Unknown	Take No Action
10	GRANT AUTHORITY TO REPURCHASE UP TO 9.80% OF ISSUED SHARE CAPITAL FOR ACQUISITION OF BUSINESSES AND UP TO 0.15% OF ISSUED SHARE CAPITAL IN CONNECTION WITH THE COMPANY S EXISTIING SHARE INCENTIVE PLANS	Management	Unknown	Take No Action
11	ELECT THE SHAREHOLDERS REPRESENTATIVES AND DEPUTY SHAREHOLDER REPRESENTATIVESTO THE CORPORATE ASSEMBLY	Management	Unknown	Take No Action
12	APPROVE THE DETERMINATION OF REMUNERATION TO MEMBERS OF THE CORPORATE ASSEMBLY	Management	Unknown	Take No Action
13	ELECT THE MEMBERS TO THE ELECTION COMMITTEE	Management	Unknown	Take No Action
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ISSUER NAME: TIME WARNER CABLE INC MEETING DATE: 05/23/2007
TICKER: TWC     SECURITY ID: 88732J108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DAVID C. CHANG AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT JAMES E. COPELAND, JR. AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF AUDITORS.	Management	For	For
3	APPROVAL OF THE TIME WARNER CABLE INC. 2006 STOCK INCENTIVE PLAN.	Management	For	For
4	APPROVAL OF THE TIME WARNER CABLE INC. 2007 ANNUAL BONUS PLAN.	Management	For	For
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ISSUER NAME: TIME WARNER TELECOM INC. MEETING DATE: 06/06/2007
TICKER: TWTC     SECURITY ID: 887319101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT GREGORY J. ATTORRI AS A DIRECTOR	Management	For	For
1. 2	ELECT SPENCER B. HAYS AS A DIRECTOR	Management	For	For
1. 3	ELECT LARISSA L. HERDA AS A DIRECTOR	Management	For	For
1. 4	ELECT KEVIN W. MOONEY AS A DIRECTOR	Management	For	For
1. 5	ELECT KIRBY G. PICKLE AS A DIRECTOR	Management	For	For
1. 6	ELECT ROSCOE C. YOUNG, II AS A DIRECTOR	Management	For	For
2	APPROVE CERTAIN AMENDMENTS TO OUR RESTATED CERTIFICATE OF INCORPORATION TO REFLECT THAT WE NO LONGER HAVE CLASS B COMMON STOCK OUTSTANDING.	Management	For	For
3	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS OUR INDEPENDENT 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: TRIMBLE NAVIGATION LIMITED MEETING DATE: 05/17/2007
TICKER: TRMB     SECURITY ID: 896239100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEVEN W. BERGLUND AS A DIRECTOR	Management	For	For
1. 2	ELECT ROBERT S. COOPER AS A DIRECTOR	Management	For	For
1. 3	ELECT JOHN B. GOODRICH AS A DIRECTOR	Management	For	For
1. 4	ELECT WILLIAM HART AS A DIRECTOR	Management	For	For
1. 5	ELECT ULF J. JOHANSSON AS A DIRECTOR	Management	For	For
1. 6	ELECT BRADFORD W. PARKINSON AS A DIRECTOR	Management	For	For
1. 7	ELECT NICKOLAS W. VANDE STEEG AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITORS OF THE COMPANY FOR THE CURRENT 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: VERIZON COMMUNICATIONS INC. MEETING DATE: 05/03/2007
TICKER: VZ     SECURITY ID: 92343V104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: JAMES R. BARKER	Management	For	For
2	ELECTION OF DIRECTOR: RICHARD L. CARRION	Management	For	For
3	ELECTION OF DIRECTOR: M. FRANCES KEETH	Management	For	For
4	ELECTION OF DIRECTOR: ROBERT W. LANE	Management	For	For
5	ELECTION OF DIRECTOR: SANDRA O. MOOSE	Management	For	For
6	ELECTION OF DIRECTOR: JOSEPH NEUBAUER	Management	For	For
7	ELECTION OF DIRECTOR: DONALD T. NICOLAISEN	Management	For	For
8	ELECTION OF DIRECTOR: THOMAS H. O BRIEN	Management	For	For
9	ELECTION OF DIRECTOR: CLARENCE OTIS, JR.	Management	For	For
10	ELECTION OF DIRECTOR: HUGH B. PRICE	Management	For	For
11	ELECTION OF DIRECTOR: IVAN G. SEIDENBERG	Management	For	For
12	ELECTION OF DIRECTOR: WALTER V. SHIPLEY	Management	For	For
13	ELECTION OF DIRECTOR: JOHN W. SNOW	Management	For	For
14	ELECTION OF DIRECTOR: JOHN R. STAFFORD	Management	For	For
15	ELECTION OF DIRECTOR: ROBERT D. STOREY	Management	For	For
16	RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
17	ELIMINATE STOCK OPTIONS	Shareholder	Against	Against
18	SHAREHOLDER APPROVAL OF FUTURE SEVERANCE AGREEMENTS	Shareholder	Against	For
19	COMPENSATION CONSULTANT DISCLOSURE	Shareholder	Against	Against
20	ADVISORY VOTE ON EXECUTIVE COMPENSATION	Shareholder	Against	Abstain
21	LIMIT SERVICE ON OUTSIDE BOARDS	Shareholder	Against	Against
22	SHAREHOLDER APPROVAL OF FUTURE POISON PILL	Shareholder	Against	For
23	REPORT ON CHARITABLE CONTRIBUTIONS	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: VIRGIN MEDIA INC MEETING DATE: 05/16/2007
TICKER: VMED     SECURITY ID: 92769L101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JEFFREY D. BENJAMIN AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT DAVID ELSTEIN AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT GORDON MCCALLUM AS A DIRECTOR	Management	For	Withhold
2	RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT AUDITORS OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
3	APPROVAL OF THE VIRGIN MEDIA 2007 SHARESAVE 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: VODAFONE GROUP PLC MEETING DATE: 07/25/2006
TICKER: VOD     SECURITY ID: 92857W100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE THE RETURN OF CAPITAL BY WAY OF A B SHARE SCHEME AND SHARE CONSOLIDATION AND THE CONSEQUENTIAL AMENDMENT TO THE ARTICLES OF ASSOCIATION	Management	For	For
2	TO RECEIVE THE REPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS	Management	For	For
3. 1	ELECT SIR JOHN BOND, 2,3 AS A DIRECTOR	Management	For	For
3. 2	ELECT ARUN SARIN, 2 AS A DIRECTOR	Management	For	For
3. 3	ELECT THOMAS GEITNER AS A DIRECTOR	Management	For	For
3. 4	ELECT DR MICHAEL BOSKIN, 1,3 AS A DIRECTOR	Management	For	For
3. 5	ELECT LORD BROERS, 1,2 AS A DIRECTOR	Management	For	For
3. 6	ELECT JOHN BUCHANAN, 1 AS A DIRECTOR	Management	For	For
3. 7	ELECT ANDREW HALFORD AS A DIRECTOR	Management	For	For
3. 8	ELECT PROF J. SCHREMPP, 2,3 AS A DIRECTOR	Management	For	For
3. 9	ELECT LUC VANDEVELDE, 3 AS A DIRECTOR	Management	For	For
3. 10	ELECT PHILIP YEA, 3 AS A DIRECTOR	Management	For	For
3. 11	ELECT ANNE LAUVERGEON AS A DIRECTOR	Management	For	For
3. 12	ELECT ANTHONY WATSON AS A DIRECTOR	Management	For	For
4	TO APPROVE A FINAL DIVIDEND OF 3.87P PER ORDINARY SHARE	Management	For	For
5	TO APPROVE THE REMUNERATION REPORT	Management	For	For
6	TO RE-APPOINT DELOITTE & TOUCHE LLP AS AUDITORS	Management	For	For
7	TO AUTHORISE THE AUDIT COMMITTEE TO DETERMINE THE REMUNERATION OF THE AUDITORS	Management	For	For
8	TO ADOPT NEW ARTICLES OF ASSOCIATION +	Management	For	For
9	TO AUTHORISE DONATIONS UNDER THE POLITICAL PARTIES, ELECTIONS AND REFERENDUMS ACT 2000	Management	For	For
10	TO RENEW AUTHORITY TO ALLOT SHARES UNDER ARTICLE 16.2 OF THE COMPANY S ARTICLES OF ASSOCIATION	Management	For	For
11	TO RENEW AUTHORITY TO DISAPPLY PRE-EMPTION RIGHTS UNDER ARTICLE 16.3 OF THE COMPANY S ARTICLES OF ASSOCIATION +	Management	For	For
12	TO AUTHORISE THE COMPANY S PURCHASE OF ITS OWN SHARES (SECTION 166, COMPANIES ACT 1985) +	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: WINDSTREAM CORPORATION MEETING DATE: 05/09/2007
TICKER: WIN     SECURITY ID: 97381W104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT S.E. "SANDY" BEALL, III AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT DENNIS E. FOSTER AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT FRANCIS X. FRANTZ AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT JEFFERY R. GARDNER AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT JEFFREY T. HINSON AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT JUDY K. JONES AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT WILLIAM A. MONTGOMERY AS A DIRECTOR	Management	For	Withhold
1. 8	ELECT FRANK E. REED AS A DIRECTOR	Management	For	Withhold
2	APPROVE THE WINDSTREAM PERFORMANCE INCENTIVE COMPENSATION PLAN	Management	For	For
3	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS WINDSTREAM S INDEPENDENT REGISTERED PUBLIC ACCOUNTANT FOR 2007	Management	For	For
4	REQUIRED EQUITY AWARDS TO BE HELD	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.

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