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 Air Transportation 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: 06/30/2005

SIGNATURES

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

Fidelity Select Portfolios

BY:  /s/ CHRISTINE REYNOLDS
-----------------------------------------------------
CHRISTINE REYNOLDS, TREASURER, FIDELITY MANAGEMENT & RESEARCH COMPANY
DATE: 08/09/2005 07:34:17 PM

EXHIBIT A

VOTE SUMMARY REPORT
Select Air Transportation Portfolio
07/01/2004 - 06/30/2005

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: AIR FRANCE MEETING DATE: 09/15/2004
TICKER: AKH     SECURITY ID: 009119108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVAL OF THE ANNUAL INDIVIDUAL FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED 31 MARCH 2004.	Management	For	None
2	APPROVAL OF THE ANNUAL CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED 31 MARCH 2004.	Management	For	None
3	APPROVAL OF THE APPROPRIATION OF RESULTS.	Management	For	None
4	APPROVAL OF RELATED PARTY AGREEMENTS.	Management	For	None
5	APPROVAL OF THE AUTHORIZATION GRANTED TO THE COMPANY TO BUY AND SELL ITS OWN SHARES.	Management	For	None
6	APPROVAL OF THE RENEWAL OF THE APPOINTMENT OF CABINET DELOITTE TOUCHE AS THE STATUTORY AUDITOR.	Management	For	None
7	APPROVAL OF THE RENEWAL OF THE APPOINTMENT OF SOCIETE B.E.A.S. AS AN ALTERNATE AUDITOR.	Management	For	None
8	APPROVAL OF THE RATIFICATION OF THE CO-OPTING OF MR. GIANCARLO CIMOLI AS A DIRECTOR FOR THE PERIOD OF SIX YEARS.	Management	For	None
9	APPROVAL OF DESIGNATION OF THE DIRECTOR REPRESENTING EMPLOYEE SHAREHOLDERS BELONGING TO THE CATEGORY OF FLIGHT DECK CREW.	Management	For	None
10	APPROVAL OF DESIGNATION OF THE DIRECTOR REPRESENTING EMPLOYEE SHAREHOLDERS BELONGING TO THE CATEGORY OF OTHER PERSONNEL.	Management	For	None
11	REPORT OF THE DIRECTORS, THE AUDITOR FOR THE DIVISION AND APPROVAL OF THE PROPOSED CONTRIBUTION OF ASSETS WITH AIR FRANCE.	Management	For	None
12	SPECIAL APPROVAL OF THE PROVISIONS RELATING TO THE CONTRIBUTION PREMIUM AND THE ALLOCATION THEREOF.	Management	For	None
13	EFFECTING THE PARTIAL CONTRIBUTION OF SHARES, SUBJECT TO CONDITION PRECEDENT.	Management	For	None
14	APPROVAL OF THE CHANGES TO THE ARTICLES OF ASSOCIATION.	Management	For	None
15	APPROVAL TO GRANT DIRECTORS AND OTHER PARTIES POWERS TO PERFORM FORMALITIES REQUIRED. **VOTING CUT-OFF: SEPT. 8, 2004-10 AM EDT1	Management	For	None
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AIRTRAN HOLDINGS, INC. MEETING DATE: 05/17/2005
TICKER: AAI     SECURITY ID: 00949P108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PETER D'ALOIA AS A DIRECTOR	Management	For	For
1.2	ELECT JERE A. DRUMMOND AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN F. FIEDLER AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM J. USURY AS A DIRECTOR	Management	For	For
2	TO AMEND THE COMPANY S 2002 LONG-TERM INCENTIVE COMPENSATION PLAN.	Management	For	For

ISSUER NAME: ALASKA AIR GROUP, INC. MEETING DATE: 05/17/2005
TICKER: ALK     SECURITY ID: 011659109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PHYLLIS J. CAMPBELL AS A DIRECTOR	Management	For	For
1.2	ELECT MARK R. HAMILTON AS A DIRECTOR	Management	For	For
1.3	ELECT BYRON I. MALLOTT AS A DIRECTOR	Management	For	For
1.4	ELECT RICHARD A. WIEN AS A DIRECTOR	Management	For	For
2	STOCKHOLDER PROPOSAL ON POISON PILL	Shareholder	Against	Against
3	STOCKHOLDER PROPOSAL ON CONFIDENTIAL SHAREHOLDER VOTING	Shareholder	Against	For
4	STOCKHOLDER PROPOSAL ON CUMULATIVE VOTING	Shareholder	Against	Abstain
5	STOCKHOLDER PROPOSAL ON ANNUAL ELECTION OF DIRECTORS	Shareholder	Against	For
6	STOCKHOLDER PROPOSAL TO ADOPT SIMPLE MAJORITY VOTE WHEN AMENDING BYLAWS	Shareholder	Against	For
7	STOCKHOLDER PROPOSAL TO ADOPT COMPREHENSIVE COMMITMENT TO ADOPT SIMPLE MAJORITY VOTE.	Shareholder	Against	Against
8	I WISH TO WITHHOLD AUTHORITY FROM THE COMPANY S PROXY COMMITTEE TO VOTE MY SHARES IN CONNECTION WITH ANY OTHER BUSINESS THAT MAY PROPERLY COME BEFORE THE MEETING. *PLEASE MARK THE ABSTAIN BOX IF YOU WISH TO WITHHOLD AUTHORITY1	Management	Unknown	Abstain
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALEXANDER & BALDWIN, INC. MEETING DATE: 04/28/2005
TICKER: ALEX     SECURITY ID: 014482103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT M.J. CHUN AS A DIRECTOR	Management	For	For
1.2	ELECT W.A. DOANE AS A DIRECTOR	Management	For	For
1.3	ELECT W.A. DODS, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT C.G. KING AS A DIRECTOR	Management	For	For
1.5	ELECT C.H. LAU AS A DIRECTOR	Management	For	For
1.6	ELECT C.R. MCKISSICK AS A DIRECTOR	Management	For	For
1.7	ELECT D.M. PASQUALE AS A DIRECTOR	Management	For	For
1.8	ELECT M.G. SHAW AS A DIRECTOR	Management	For	For
1.9	ELECT C.M. STOCKHOLM AS A DIRECTOR	Management	For	For
1.10	ELECT J.N. WATANABE AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE AUDITORS OF THE CORPORATION.1	Management	For	For
3	PROPOSAL TO AMEND THE 1998 STOCK OPTION/STOCK INCENTIVE PLAN.	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AMERICA WEST HOLDINGS CORPORATION MEETING DATE: 05/17/2005
TICKER: AWA     SECURITY ID: 023657208
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MATTHEW J. HART AS A DIRECTOR	Management	For	For
1.2	ELECT ROBERT J. MILLER AS A DIRECTOR	Management	For	For
1.3	ELECT W. DOUGLAS PARKER AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN F. TIERNEY AS A DIRECTOR	Management	For	For

ISSUER NAME: AMR CORPORATION MEETING DATE: 05/18/2005
TICKER: AMR     SECURITY ID: 001765106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GERARD J. ARPEY AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN W. BACHMANN AS A DIRECTOR	Management	For	For
1.3	ELECT DAVID L. BOREN AS A DIRECTOR	Management	For	For
1.4	ELECT EDWARD A. BRENNAN AS A DIRECTOR	Management	For	For
1.5	ELECT ARMANDO M. CODINA AS A DIRECTOR	Management	For	For
1.6	ELECT EARL G. GRAVES AS A DIRECTOR	Management	For	For
1.7	ELECT ANN M. KOROLOGOS AS A DIRECTOR	Management	For	For
1.8	ELECT MICHAEL A. MILES AS A DIRECTOR	Management	For	For
1.9	ELECT PHILIP J. PURCELL AS A DIRECTOR	Management	For	For
1.10	ELECT JOE M. RODGERS AS A DIRECTOR	Management	For	For
1.11	ELECT JUDITH RODIN AS A DIRECTOR	Management	For	For
1.12	ELECT MATTHEW K. ROSE AS A DIRECTOR	Management	For	For
1.13	ELECT ROGER T. STAUBACH AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2005.1	Management	For	For
3	STOCKHOLDER PROPOSAL RELATING TO TERM LIMITS FOR NON-EMPLOYEE DIRECTORS.	Shareholder	Against	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: BOMBARDIER INC MEETING DATE: 06/07/2005
TICKER: --     SECURITY ID: 097751200
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECT MR. LAURENT BEAUDOIN AS A DIRECTOR	Management	Unknown	For
2	ELECT MR. PIERRE BEAUDOIN AS A DIRECTOR	Management	Unknown	For
3	ELECT MR. ANDR; B; RARD AS A DIRECTOR	Management	Unknown	For
4	ELECT MR. J.R. ANDR; BOMBARDIER AS A DIRECTOR	Management	Unknown	For
5	ELECT MR. JANINE BOMBARDIER AS A DIRECTOR	Management	Unknown	For
6	ELECT MR. L. DENIS DESAUTELS AS A DIRECTOR	Management	Unknown	For
7	ELECT MR. MICHAEL J. DURHAM AS A DIRECTOR	Management	Unknown	For
8	ELECT MR. JEAN-LOUIS FONTAINE AS A DIRECTOR	Management	Unknown	For
9	ELECT MR. DANIEL JOHNSON AS A DIRECTOR	Management	Unknown	For
10	ELECT MR. JEAN C. MONTY AS A DIRECTOR	Management	Unknown	For
11	ELECT MR. ANDR; NAVARRI AS A DIRECTOR	Management	Unknown	For
12	ELECT MR. JAMES E. PERRELLA AS A DIRECTOR	Management	Unknown	For
13	ELECT MR. CARLOS E. REPRESAS AS A DIRECTOR	Management	Unknown	For
14	ELECT MR. FEDERICO SADA G. AS A DIRECTOR	Management	Unknown	For
15	ELECT MR. HEINRICH WEISS AS A DIRECTOR	Management	Unknown	For
16	APPOINT ERNST & YOUNG LLP, CHARTERED ACCOUNTANTS AS THE AUDITORS1	Management	Unknown	For
17	APPROVE THE SHAREHOLDER PROPOSAL AS SPECIFIED	Management	Unknown	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: BRITISH AIRWAYS PLC MEETING DATE: 07/20/2004
TICKER: BAB     SECURITY ID: 110419306
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	REPORT AND ACCOUNTS	Management	For	For
2	REMUNERATION REPORT	Management	For	For
3	RE-ELECTION OF MICHAEL STREET	Management	For	For
4	RE-ELECTION OF BARONESS O CATHAIN	Management	For	For
5	ELECTION OF ALISON REED	Management	For	For
6	RE-APPOINTMENT OF AUDITOR	Management	For	For
7	REMUNERATION OF AUDITOR	Management	For	For

ISSUER NAME: C.H. ROBINSON WORLDWIDE, INC. MEETING DATE: 05/19/2005
TICKER: CHRW     SECURITY ID: 12541W100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT EZRILOV AS A DIRECTOR	Management	For	For
1.2	ELECT WAYNE M. FORTON AS A DIRECTOR	Management	For	For
1.3	ELECT BRIAN P. SHORT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.1	Management	For	For
3	APPROVAL OF THE 2005 MANAGEMENT BONUS PLAN.	Management	For	For
4	APPROVAL OF THE AMENDED AND RESTATED 1997 OMNIBUS STOCK PLAN.	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CONTINENTAL AIRLINES, INC. MEETING DATE: 06/16/2005
TICKER: CAL     SECURITY ID: 210795308
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT THOMAS J. BARRACK, JR. AS A DIRECTOR	Management	For	Withhold
1.2	ELECT KIRBYJON H. CALDWELL AS A DIRECTOR	Management	For	Withhold
1.3	ELECT LAWRENCE W. KELLNER AS A DIRECTOR	Management	For	Withhold
1.4	ELECT DOUGLAS H. MCCORKINDALE AS A DIRECTOR	Management	For	Withhold
1.5	ELECT HENRY L. MEYER III AS A DIRECTOR	Management	For	Withhold
1.6	ELECT OSCAR MUNOZ AS A DIRECTOR	Management	For	Withhold
1.7	ELECT GEORGE G.C. PARKER AS A DIRECTOR	Management	For	Withhold
1.8	ELECT JEFFERY A. SMISEK AS A DIRECTOR	Management	For	Withhold
1.9	ELECT KAREN HASTIE WILLIAMS AS A DIRECTOR	Management	For	Withhold
1.10	ELECT RONALD B. WOODARD AS A DIRECTOR	Management	For	Withhold
1.11	ELECT CHARLES A. YAMARONE AS A DIRECTOR	Management	For	Withhold
2	PROPOSAL TO RE-APPROVE THE MATERIAL TERMS OF THE PERFORMANCE GOAL UNDER THE PERFORMANCE AWARD PROVISIONS OF THE INCENTIVE PLAN 2000	Management	For	For
3	RATIFICATION OF INDEPENDENT AUDITORS	Management	For	For
4	PLEASE MARK THE FOR BOX ONLY IF ANY STOCK OWNED OF RECORD OR BENEFICIALLY BY YOU IS OWNED OR CONTROLLED BY NON-U.S. CITIZENS (AS DEFINED IN THE PROXY STATEMENT).1	Management	Unknown	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DELTA AIR LINES, INC. MEETING DATE: 05/19/2005
TICKER: DAL     SECURITY ID: 247361108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT EDWARD H. BUDD AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID R. GOODE AS A DIRECTOR	Management	For	For
1.3	ELECT GERALD GRINSTEIN AS A DIRECTOR	Management	For	For
1.4	ELECT ARTHUR E. JOHNSON AS A DIRECTOR	Management	For	For
1.5	ELECT KARL J. KRAPEK AS A DIRECTOR	Management	For	For
1.6	ELECT PAULA ROSPUT REYNOLDS AS A DIRECTOR	Management	For	For
1.7	ELECT JOHN F. SMITH, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT JOAN E. SPERO AS A DIRECTOR	Management	For	For
1.9	ELECT KENNETH B. WOODROW AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS DELTA S INDEPENDENT AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2005.1	Management	For	For
3	AMENDMENT TO THE CERTIFICATE OF INCORPORATION	Management	For	For
4	SHAREOWNER PROPOSAL REGARDING SEXUAL ORIENTATION AND GENDER IDENTITY POLICIES	Shareholder	Against	Against
5	SHAREOWNER PROPOSAL REGARDING COMPENSATION OR BENEFIT INCREASES FOR EXECUTIVES	Shareholder	Against	Against
6	SHAREOWNER PROPOSAL REGARDING DELTA S EXECUTIVE COMPENSATION STRUCTURE	Shareholder	Against	Against
7	SHAREOWNER PROPOSAL REGARDING COMPENSATION OF FORMER DELTA EXECUTIVES	Shareholder	Against	Against
8	SHAREOWNER PROPOSAL REGARDING CUMULATIVE VOTING IN THE ELECTION OF DIRECTORS	Shareholder	Against	Abstain
9	SHAREOWNER PROPOSAL REGARDING DIRECTOR ELECTION THRESHOLD	Shareholder	Against	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DYNAMEX INC. MEETING DATE: 01/11/2005
TICKER: DDN     SECURITY ID: 26784F103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD K. MCCLELLAND AS A DIRECTOR	Management	For	For
1.2	ELECT KENNETH H. BISHOP AS A DIRECTOR	Management	For	For
1.3	ELECT BRIAN J. HUGHES AS A DIRECTOR	Management	For	For
1.4	ELECT WAYNE KERN AS A DIRECTOR	Management	For	For
1.5	ELECT BRUCE E. RANCK AS A DIRECTOR	Management	For	For
1.6	ELECT STEPHEN P. SMILEY AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	APPROVAL OF THE SECOND AMENDMENT TO THE COMPANY S AMENDED AND RESTATED 1996 STOCK OPTION PLAN	Management	For	For
4	IN THE DISCRETION OF THE PROXY, ON ANY OTHER MATTER THAT MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF	Management	For	Abstain

ISSUER NAME: EGL, INC. MEETING DATE: 05/31/2005
TICKER: EAGL     SECURITY ID: 268484102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES R. CRANE AS A DIRECTOR	Management	For	For
1.2	ELECT FRANK J. HEVRDEJS AS A DIRECTOR	Management	For	For
1.3	ELECT PAUL WILLIAM HOBBY AS A DIRECTOR	Management	For	For
1.4	ELECT MICHAEL K. JHIN AS A DIRECTOR	Management	For	For
1.5	ELECT MILTON CARROLL AS A DIRECTOR	Management	For	For
1.6	ELECT NEIL E. KELLEY AS A DIRECTOR	Management	For	For
1.7	ELECT REBECCA A. MCDONALD AS A DIRECTOR	Management	For	For
1.8	ELECT JAMES C. FLAGG AS A DIRECTOR	Management	For	For
1.9	ELECT ELIJIO V. SERRANO AS A DIRECTOR	Management	For	For

ISSUER NAME: EXPEDITORS INT'L OF WASHINGTON, INC. MEETING DATE: 05/04/2005
TICKER: EXPD     SECURITY ID: 302130109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT P.J. ROSE AS A DIRECTOR	Management	For	For
1.2	ELECT J.L.K. WANG AS A DIRECTOR	Management	For	For
1.3	ELECT R.J. GATES AS A DIRECTOR	Management	For	For
1.4	ELECT J.J. CASEY AS A DIRECTOR	Management	For	For
1.5	ELECT D.P. KOURKOUMELIS AS A DIRECTOR	Management	For	For
1.6	ELECT M.J. MALONE AS A DIRECTOR	Management	For	For
1.7	ELECT J.W. MEISENBACH AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE 2005 STOCK OPTION PLAN AS DESCRIBED IN THE COMPANY S PROXY STATEMENT DATED MARCH 31, 2005.	Management	For	Against
3	SHAREHOLDER PROPOSAL CONCERNING SHAREHOLDER RATIFICATION OF THE INDEPENDENT AUDITOR SELECTION.	Shareholder	Against	Against

ISSUER NAME: EXPRESSJET HOLDINGS, INC. MEETING DATE: 05/11/2005
TICKER: XJT     SECURITY ID: 30218U108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES B. REAM AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD REITZ AS A DIRECTOR	Management	For	For
1.3	ELECT THOMAS E. SCHICK AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT AUDITORS.	Management	For	For
3	PLEASE MARK THIS BOX ONLY IF STOCK OWNED OF RECORD OR BENEFICIALLY BY YOU IS OWNED OR CONTROLLED BY PERSONS WHO ARE NOT U.S. CITIZENS (AS DEFINED IN THE PROXY STATEMENT)1	Management	Unknown	Abstain
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: FEDEX CORPORATION MEETING DATE: 09/27/2004
TICKER: FDX     SECURITY ID: 31428X106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT CHARLES T. MANATT* AS A DIRECTOR1	Management	For	For
1.2	ELECT JUDITH L. ESTRIN** AS A DIRECTOR1	Management	For	For
1.3	ELECT PHILIP GREER** AS A DIRECTOR1	Management	For	For
1.4	ELECT J.R. HYDE, III** AS A DIRECTOR1	Management	For	For
1.5	ELECT SHIRLEY A. JACKSON** AS A DIRECTOR1	Management	For	For
1.6	ELECT FREDERICK W. SMITH** AS A DIRECTOR1	Management	For	For
2	APPROVAL OF AMENDMENTS TO FEDEX S BYLAWS TO PROVIDE FOR THE ANNUAL ELECTION OF DIRECTORS.	Management	For	For
3	APPROVAL OF AMENDMENT TO FEDEX S INCENTIVE STOCK PLAN TO INCREASE THE NUMBER OF SHARES RESERVED FOR ISSUANCE UNDER THE PLAN.	Management	For	Against
4	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: FORWARD AIR CORPORATION MEETING DATE: 05/26/2005
TICKER: FWRD     SECURITY ID: 349853101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT BRUCE A. CAMPBELL AS A DIRECTOR	Management	For	For
1.2	ELECT ANDREW C. CLARKE AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD W. HANSELMAN AS A DIRECTOR	Management	For	For
1.4	ELECT C. JOHN LANGLEY, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT RAY A. MUNDY AS A DIRECTOR	Management	For	For
1.6	ELECT B. CLYDE PRESLAR AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.1	Management	For	For
3	APPROVAL OF THE 2005 EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: FRONTIER AIRLINES, INC. MEETING DATE: 09/09/2004
TICKER: FRNT     SECURITY ID: 359065109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT SAMUEL D. ADDOMS AS A DIRECTOR	Management	For	For
1.2	ELECT HANK BROWN AS A DIRECTOR	Management	For	For
1.3	ELECT D. DALE BROWNING AS A DIRECTOR	Management	For	For
1.4	ELECT PAUL S. DEMPSEY AS A DIRECTOR	Management	For	For
1.5	ELECT PATRICIA A. ENGELS AS A DIRECTOR	Management	For	For
1.6	ELECT WILLIAM B. MCNAMARA AS A DIRECTOR	Management	For	For
1.7	ELECT B. LARAE ORULLIAN AS A DIRECTOR	Management	For	For
1.8	ELECT JEFF S. POTTER AS A DIRECTOR	Management	For	For
1.9	ELECT JAMES B. UPCHURCH AS A DIRECTOR	Management	For	For
2	TO CONSIDER AND VOTE UPON A PROPOSAL TO APPROVE THE FRONTIER AIRLINES, INC. 2004 EQUITY INCENTIVE PLAN.	Management	For	For

ISSUER NAME: FRONTLINE LTD MEETING DATE: 12/17/2004
TICKER: --     SECURITY ID: G3682E127
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING 209470 DUE TO ADDITIONAL RESOLUTION. 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	RECEIVE AND ADOPT THE FINANCIAL STATEMENTS OF THE COMPANY FOR THE YE 31 DEC 2003	Management	Unknown	For
3	RE-ELECT MR. JOHN FREDRIKSEN AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
4	RE-ELECT MR. TOR OLAV TROEIM AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
5	RE-ELECT MR. KATE BLANKENSHIP AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
6	APPOINT PRICEWATERHOUSECOOPERS DA OF OSLO, AS THE AUDITORS AND AUTHORIZE THE DIRECTORS TO DETERMINE THEIR REMUNERATION	Management	Unknown	For

ISSUER NAME: GENERAL DYNAMICS CORPORATION MEETING DATE: 05/04/2005
TICKER: GD     SECURITY ID: 369550108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT N.D. CHABRAJA AS A DIRECTOR	Management	For	For
1.2	ELECT J.S. CROWN AS A DIRECTOR	Management	For	For
1.3	ELECT L. CROWN AS A DIRECTOR	Management	For	For
1.4	ELECT W.P. FRICKS AS A DIRECTOR	Management	For	For
1.5	ELECT C.H. GOODMAN AS A DIRECTOR	Management	For	For
1.6	ELECT J.L. JOHNSON AS A DIRECTOR	Management	For	For
1.7	ELECT G.A. JOULWAN AS A DIRECTOR	Management	For	For
1.8	ELECT P.G. KAMINSKI AS A DIRECTOR	Management	For	For
1.9	ELECT J.M. KEANE AS A DIRECTOR	Management	For	For
1.10	ELECT L.L. LYLES AS A DIRECTOR	Management	For	For
1.11	ELECT C.E. MUNDY, JR. AS A DIRECTOR	Management	For	For
1.12	ELECT R. WALMSLEY AS A DIRECTOR	Management	For	For
2	SELECTION OF INDEPENDENT AUDITORS	Management	For	For
3	SHAREHOLDER PROPOSAL WITH REGARD TO FUTURE SEVERANCE AGREEMENTS	Shareholder	Against	Against
4	SHAREHOLDER PROPOSAL WITH REGARD TO FOREIGN MILITARY SALES	Shareholder	Against	Against

ISSUER NAME: GOODRICH CORPORATION MEETING DATE: 04/19/2005
TICKER: GR     SECURITY ID: 382388106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DIANE C. CREEL AS A DIRECTOR	Management	For	For
1.2	ELECT GEORGE A. DAVIDSON, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT HARRIS E. DELOACH, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT JAMES W. GRIFFITH AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM R. HOLLAND AS A DIRECTOR	Management	For	For
1.6	ELECT MARSHALL O. LARSEN AS A DIRECTOR	Management	For	For
1.7	ELECT DOUGLAS E. OLESEN AS A DIRECTOR	Management	For	For
1.8	ELECT ALFRED M. RANKIN, JR. AS A DIRECTOR	Management	For	For
1.9	ELECT JAMES R. WILSON AS A DIRECTOR	Management	For	For
1.10	ELECT A. THOMAS YOUNG AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2005.1	Management	For	For
3	APPROVE AN AMENDMENT AND RESTATEMENT OF THE 2001 STOCK OPTION PLAN.	Management	For	Against
4	APPROVE AN AMENDMENT AND RESTATEMENT OF THE SENIOR EXECUTIVE MANAGEMENT INCENTIVE PLAN.	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: HONEYWELL INTERNATIONAL INC. MEETING DATE: 04/25/2005
TICKER: HON     SECURITY ID: 438516106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MARSHALL N. CARTER AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID M. COTE AS A DIRECTOR	Management	For	For
1.3	ELECT BRADLEY T. SHEARES AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN R. STAFFORD AS A DIRECTOR	Management	For	For
1.5	ELECT MICHAEL W. WRIGHT AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF INDEPENDENT ACCOUNTANTS	Management	For	For
3	PROPOSAL TO AMEND THE RESTATED CERTIFICATE OF INCORPORATION AND BY-LAWS TO ELIMINATE THE CLASSIFIED STRUCTURE OF THE BOARD OF DIRECTORS	Management	For	For
4	PROPOSAL TO AMEND THE RESTATED CERTIFICATE OF INCORPORATION AND BY-LAWS TO ELIMINATE SUPERMAJORITY VOTING PROVISIONS	Management	For	For
5	MAJORITY VOTE SHAREHOLDER COMMITTEE	Shareholder	Against	Against
6	SEPARATION OF CHAIRMAN/CEO	Shareholder	Against	Against
7	EXECUTIVE PAY DISPARITY REPORT	Shareholder	Against	Against
8	EXECUTIVE COMPENSATION LIMIT	Shareholder	Against	Against
9	COMMONSENSE EXECUTIVE COMPENSATION FRAMEWORK PROPOSAL	Shareholder	Against	Against

ISSUER NAME: HORNBECK OFFSHORE SERVICES, INC. MEETING DATE: 05/03/2005
TICKER: HOS     SECURITY ID: 440543106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT TODD M. HORNBECK AS A DIRECTOR	Management	For	For
1.2	ELECT PATRICIA B. MELCHER AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE HORNBECK OFFSHORE SERVICES, INC. 2005 EMPLOYEE STOCK PURCHASE PLAN	Management	For	For
3	APPROVAL OF AN AMENDMENT TO THE COMPANY S CERTIFICATE OF INCORPORATION, WHICH LIMITS THE LIABILITY OF DIRECTORS AS CONTEMPLATED UNDER SECTION 102(B)(7) OF THE DELAWARE GENERAL CORPORATION LAW1	Management	For	For
4	RATIFICATION OF SELECTION OF AUDITORS - TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS AND AUDITORS FOR THE CURRENT FISCAL YEAR1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: HUB GROUP, INC. MEETING DATE: 05/04/2005
TICKER: HUBG     SECURITY ID: 443320106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PHILLIP C. YEAGER AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID P. YEAGER AS A DIRECTOR	Management	For	For
1.3	ELECT MARK A. YEAGER AS A DIRECTOR	Management	For	For
1.4	ELECT GARY D. EPPEN AS A DIRECTOR	Management	For	For
1.5	ELECT CHARLES R. REAVES AS A DIRECTOR	Management	For	For
1.6	ELECT MARTIN P. SLARK AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO INCREASE AUTHORIZED SHARES OF CLASS A COMMON STOCK.	Management	For	For

ISSUER NAME: JETBLUE AIRWAYS CORPORATION MEETING DATE: 05/18/2005
TICKER: JBLU     SECURITY ID: 477143101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL LAZARUS AS A DIRECTOR	Management	For	For
1.2	ELECT DAVID NEELEMAN AS A DIRECTOR	Management	For	For
1.3	ELECT FRANK SICA AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: LOCKHEED MARTIN CORPORATION MEETING DATE: 04/28/2005
TICKER: LMT     SECURITY ID: 539830109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT E.C."PETE"ALDRIDGE, JR. AS A DIRECTOR	Management	For	For
1.2	ELECT NOLAN D. ARCHIBALD AS A DIRECTOR	Management	For	For
1.3	ELECT MARCUS C. BENNETT AS A DIRECTOR	Management	For	For
1.4	ELECT JAMES O. ELLIS, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT GWENDOLYN S. KING AS A DIRECTOR	Management	For	For
1.6	ELECT DOUGLAS H. MCCORKINDALE AS A DIRECTOR	Management	For	For
1.7	ELECT EUGENE F. MURPHY AS A DIRECTOR	Management	For	For
1.8	ELECT JOSEPH W. RALSTON AS A DIRECTOR	Management	For	For
1.9	ELECT FRANK SAVAGE AS A DIRECTOR	Management	For	For
1.10	ELECT ANNE STEVENS AS A DIRECTOR	Management	For	For
1.11	ELECT ROBERT J. STEVENS AS A DIRECTOR	Management	For	For
1.12	ELECT JAMES R. UKROPINA AS A DIRECTOR	Management	For	For
1.13	ELECT DOUGLAS C. YEARLEY AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	MANAGEMENT PROPOSAL-AMENDMENTS TO THE 2003 PERFORMANCE INCENTIVE AWARD PLAN	Management	For	For
4	STOCKHOLDER PROPOSAL BY EVELYN Y. DAVIS	Shareholder	Against	Against
5	STOCKHOLDER PROPOSAL BY JOHN CHEVEDDEN	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL BY THE CATHOLIC FUNDS AND OTHER GROUPS	Shareholder	Against	Against
7	STOCKHOLDER PROPOSAL BY THE SISTERS OF MERCY AND OTHER GROUPS	Shareholder	Against	Against

ISSUER NAME: MESA AIR GROUP, INC. MEETING DATE: 02/08/2005
TICKER: MESA     SECURITY ID: 590479101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JONATHAN G. ORNSTEIN AS A DIRECTOR	Management	For	Withhold
1.2	ELECT DANIEL J. ALTOBELLO AS A DIRECTOR	Management	For	Withhold
1.3	ELECT ROBERT BELESON AS A DIRECTOR	Management	For	Withhold
1.4	ELECT RONALD R. FOGLEMAN AS A DIRECTOR	Management	For	Withhold
1.5	ELECT JOSEPH L. MANSON AS A DIRECTOR	Management	For	Withhold
1.6	ELECT MAURICE A. PARKER AS A DIRECTOR	Management	For	Withhold
1.7	ELECT JULIE SILCOCK AS A DIRECTOR	Management	For	Withhold
2	PROPOSAL TO RATIFY THE COMPANY S 2005 EMPLOYEE STOCK INCENTIVE PLAN	Management	For	Against
3	RATIFICATION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: OMI CORPORATION MEETING DATE: 05/19/2005
TICKER: OMM     SECURITY ID: Y6476W104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT BUGBEE AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES N. HOOD AS A DIRECTOR	Management	For	For
1.3	ELECT PHILIP J. SHAPIRO AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE CORPORATION S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PRECISION CASTPARTS CORP. MEETING DATE: 08/11/2004
TICKER: PCP     SECURITY ID: 740189105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PETER R. BRIDENBAUGH AS A DIRECTOR	Management	For	For
1.2	ELECT STEVEN G. ROTHMEIER AS A DIRECTOR	Management	For	For
1.3	ELECT J. FRANK TRAVIS AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For

ISSUER NAME: QANTAS AIRWAYS LTD MEETING DATE: 10/21/2004
TICKER: --     SECURITY ID: Q77974105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE THE FINANCIAL REPORT, THE DIRECTORS REPORT AND THE INDEPENDENT AUDITREPORT OF QANTAS AIRWAYS LIMITED FOR THE FYE 30 JUN 2004	N/A	N/A	N/A
2	QUESTIONS AND COMMENTS	N/A	N/A	N/A
3	RE-ELECT MR. MARGARET JACKSON AS A NON-EXECUTIVE DIRECTOR OF QANTAS AIRWAYS LIMITED, WHO RETIRES IN ACCORDANCE WITH THE CONSTITUTION	Management	Unknown	For
4	RE-ELECT MR. MIKE CODD AS A NON-EXECUTIVE DIRECTOR OF QANTAS AIRWAYS LIMITED,WHO RETIRES IN ACCORDANCE WITH THE CONSTITUTION	Management	Unknown	For
5	ELECT MR. PATRICIA CROSS AS A NON-EXECUTIVE DIRECTOR OF QANTAS AIRWAYS LIMITED, PURSUANT TO CLAUSE 6.5(A) OF THE CONSTITUTION1	Management	Unknown	For
6	ELECT MR. JAMES PACKER AS A NON-EXECUTIVE DIRECTOR OF QANTAS AIRWAYS LIMITED,PURSUANT TO CLAUSE 6.5(A) OF THE CONSTITUTION1	Management	Unknown	For
7	APPROVE THE MAXIMUM AGGREGATE AMOUNT PAYABLE TO THE NON-EXECUTIVE DIRECTORS BY WAY OF DIRECTORS FEES TO BE INCREASED FROM AUD 1,500,000 TO 2,500,000 PER ANNUM	Management	Unknown	For
8	APPROVE, PURSUANT TO THE LISTING RULE 10.14 AND UNDER THE TERMS AND CONDITIONS OF THE QANTAS DEFERRED SHARE PLAN, THE PARTICIPATION OF MR. GEOFF DIXON, CHIEF EXECUTIVE DIRECTOR, IN THE QANTAS DEFERRED SHARE PLAN AS SPECIFIED	Management	Unknown	For
9	APPROVE, PURSUANT TO THE LISTING RULE 10.14 AND UNDER THE TERMS AND CONDITIONS OF THE QANTAS DEFERRED SHARE PLAN, THE PARTICIPATION OF MR. PETER GREGG, CHIEF FINANCIAL OFFICER, IN THE QANTAS DEFERRED SHARE PLAN AS SPECIFIED	Management	Unknown	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ROCKWELL COLLINS, INC. MEETING DATE: 02/15/2005
TICKER: COL     SECURITY ID: 774341101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT M.P.C. CARNS AS A DIRECTOR	Management	For	For
1.2	ELECT C.A. DAVIS AS A DIRECTOR	Management	For	For
1.3	ELECT J.F. TOOT, JR. AS A DIRECTOR	Management	For	For
2	THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR AUDITORS FOR FISCAL YEAR 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SABRE HOLDINGS CORPORATION MEETING DATE: 05/17/2005
TICKER: TSG     SECURITY ID: 785905100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL S. GILLILAND AS A DIRECTOR	Management	For	For
1.2	ELECT BOB L. MARTIN AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD L. THOMAS AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2005.1	Management	For	For
3	APPROVAL OF THE AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO DECLASSIFY THE BOARD OF DIRECTORS.	Management	For	For
4	APPROVAL OF THE AMENDMENTS TO THE CERTIFICATE OF INCORPORATION TO BETTER REFLECT CORPORATE GOVERNANCE PRACTICES AND CLARIFY EXISTING WORDING.	Management	For	For
5	APPROVAL OF THE AMENDED AND RESTATED 2005 LONG-TERM INCENTIVE PLAN.	Management	For	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SHIP FINANCE INTERNATIONAL LIMITED MEETING DATE: 12/17/2004
TICKER: SFL     SECURITY ID: G81075106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO RE-ELECT PAUL LEAND AS A DIRECTOR OF THE COMPANY.	Management	For	For
2	TO RE-ELECT TOR OLAV TROIM AS A DIRECTOR OF THE COMPANY.	Management	For	For
3	TO RE-ELECT KATE BLANKENSHIP AS A DIRECTOR OF THE COMPANY.	Management	For	For
4	TO APPOINT MOORE STEPHENS AS AUDITORS AND TO AUTHORISE THE DIRECTORS TO DETERMINE THEIR REMUNERATION.	Management	For	For

ISSUER NAME: SKYWEST, INC. MEETING DATE: 05/03/2005
TICKER: SKYW     SECURITY ID: 830879102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JERRY C. ATKIN AS A DIRECTOR	Management	For	For
1.2	ELECT J. RALPH ATKIN AS A DIRECTOR	Management	For	For
1.3	ELECT STEVEN F. UDVAR-HAZY AS A DIRECTOR	Management	For	For
1.4	ELECT IAN M. CUMMING AS A DIRECTOR	Management	For	For
1.5	ELECT W. STEVE ALBRECHT AS A DIRECTOR	Management	For	For
1.6	ELECT MERVYN K. COX AS A DIRECTOR	Management	For	For
1.7	ELECT SIDNEY J. ATKIN AS A DIRECTOR	Management	For	For
1.8	ELECT HYRUM W. SMITH AS A DIRECTOR	Management	For	For
1.9	ELECT ROBERT G. SARVER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS THE INDEPENDENT AUDITOR OF THE COMPANY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SOUTHWEST AIRLINES CO. MEETING DATE: 05/18/2005
TICKER: LUV     SECURITY ID: 844741108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT COLLEEN C. BARRETT AS A DIRECTOR	Management	For	For
1.2	ELECT GARY C. KELLY AS A DIRECTOR	Management	For	For
1.3	ELECT JOHN T. MONTFORD AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: THE BOEING COMPANY MEETING DATE: 05/02/2005
TICKER: BA     SECURITY ID: 097023105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT KENNETH M. DUBERSTEIN AS A DIRECTOR	Management	For	For
1.2	ELECT W. JAMES MCNERNEY, JR. AS A DIRECTOR	Management	For	For
1.3	ELECT LEWIS E. PLATT AS A DIRECTOR	Management	For	For
1.4	ELECT MIKE S. ZAFIROVSKI AS A DIRECTOR	Management	For	For
2	ADVISE ON APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS.1	Management	For	For
3	ADOPT HUMAN RIGHTS POLICIES.	Shareholder	Against	Against
4	PREPARE A REPORT ON MILITARY CONTRACTS.	Shareholder	Against	Against
5	PREPARE A REPORT ON POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against
6	DECLASSIFY THE BOARD OF DIRECTORS.	Shareholder	Against	For
7	ADOPT SIMPLE MAJORITY VOTE.	Shareholder	Against	For
8	CREATE A MAJORITY VOTE SHAREHOLDER COMMITTEE.	Shareholder	Against	Against
9	REQUIRE AN INDEPENDENT BOARD CHAIRMAN.	Shareholder	Against	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: THE BRINK'S COMPANY MEETING DATE: 05/06/2005
TICKER: BCO     SECURITY ID: 109696104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RONALD M. GROSS* AS A DIRECTOR1	Management	For	For
1.2	ELECT MARC C. BRESLAWSKY** AS A DIRECTOR1	Management	For	For
1.3	ELECT JOHN S. BRINZO** AS A DIRECTOR1	Management	For	For
1.4	ELECT MICHAEL T. DAN** AS A DIRECTOR1	Management	For	For
2	TO APPROVE THE SELECTION OF KPMG LLP AS INDEPENDENT PUBLIC ACCOUNTANTS TO AUDIT THE ACCOUNTS OF THE COMPANY AND ITS SUBSIDIARIES FOR THE YEAR 2005.	Management	For	For
3	TO APPROVE THE MATERIAL TERMS OF THE PERFORMANCE GOALS UNDER THE BRINK S COMPANY MANAGEMENT PERFORMANCE IMPROVEMENT PLAN.	Management	For	For
4	TO APPROVE THE BRINK S COMPANY 2005 EQUITY INCENTIVE PLAN.	Management	For	Against
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: UNITED PARCEL SERVICE, INC. MEETING DATE: 05/05/2005
TICKER: UPS     SECURITY ID: 911312106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN J. BEYSTEHNER AS A DIRECTOR	Management	For	For
1.2	ELECT MICHAEL L. ESKEW AS A DIRECTOR	Management	For	For
1.3	ELECT JAMES P. KELLY AS A DIRECTOR	Management	For	For
1.4	ELECT ANN M. LIVERMORE AS A DIRECTOR	Management	For	For
1.5	ELECT GARY E. MACDOUGAL AS A DIRECTOR	Management	For	For
1.6	ELECT VICTOR A. PELSON AS A DIRECTOR	Management	For	For
1.7	ELECT LEA N. SOUPATA AS A DIRECTOR	Management	For	For
1.8	ELECT JOHN W. THOMPSON AS A DIRECTOR	Management	For	For
1.9	ELECT CAROL B. TOME AS A DIRECTOR	Management	For	For
1.10	ELECT BEN VERWAAYEN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS UPS S AUDITORS FOR THE YEAR ENDING DECEMBER 31, 2005.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: UNITED TECHNOLOGIES CORPORATION MEETING DATE: 04/13/2005
TICKER: UTX     SECURITY ID: 913017109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GEORGE DAVID AS A DIRECTOR	Management	For	For
1.2	ELECT JEAN-PIERRE GARNIER AS A DIRECTOR	Management	For	For
1.3	ELECT JAMIE S. GORELICK AS A DIRECTOR	Management	For	For
1.4	ELECT CHARLES R. LEE AS A DIRECTOR	Management	For	For
1.5	ELECT RICHARD D. MCCORMICK AS A DIRECTOR	Management	For	For
1.6	ELECT HAROLD MCGRAW III AS A DIRECTOR	Management	For	For
1.7	ELECT FRANK P. POPOFF AS A DIRECTOR	Management	For	For
1.8	ELECT H. PATRICK SWYGERT AS A DIRECTOR	Management	For	For
1.9	ELECT ANDRE VILLENEUVE AS A DIRECTOR	Management	For	For
1.10	ELECT H.A. WAGNER AS A DIRECTOR	Management	For	For
1.11	ELECT CHRISTINE TODD WHITMAN AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	APPROVAL OF UNITED TECHNOLOGIES CORPORATION 2005 LONG TERM INCENTIVE PLAN	Management	For	For
4	SHAREOWNER PROPOSAL CONCERNING DISCLOSURE OF EXECUTIVE COMPENSATION	Shareholder	Against	Against
5	SHAREOWNER PROPOSAL CONCERNING ETHICAL CRITERIA FOR MILITARY CONTRACTS	Shareholder	Against	Against
6	SHAREOWNER PROPOSAL CONCERNING CEO COMPENSATION	Shareholder	Against	Against

ISSUER NAME: UTI WORLDWIDE INC. MEETING DATE: 06/13/2005
TICKER: UTIW     SECURITY ID: G87210103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LEON J. LEVEL AS A DIRECTOR	Management	For	For
1.2	ELECT J. SIMON STUBBINGS AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS OF THE COMPANY.1	Management	For	For
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: WESTJET AIRLINES LTD MEETING DATE: 04/27/2005
TICKER: --     SECURITY ID: 960410108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE AND APPROVE THE FINANCIAL STATEMENTS OF THE CORPORATION FOR THE YE 31DEC 2004, THE AUDITORS REPORT THEREON AND THE REPORT OF THE BOARD OF DIRECTORS	N/A	N/A	N/A
2	APPROVE TO FIX THE NUMBER OF DIRECTORS TO BE ELECTED AT THE MEETING AT 9	Management	Unknown	For
3	ELECT MR. CLIVE J. BEDDOE AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
4	ELECT MR. THOMAS (TIM) W. MORGAN AS A DIRECTOR OF THE COMPANY1	Management	Unknown	For
5	ELECT MR. JAMES HOMENIUK AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
6	ELECT MR. RONALD G. GREENE AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
7	ELECT MR. WILMOT L. MATTHEWS AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
8	ELECT MR. MURPH N. HANNON AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
9	ELECT MR. L.M. (LARRY) POLLOCK AS A DIRECTOR OF THE COMPANY1	Management	Unknown	For
10	ELECT MR. DONALD MACDONALD AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
11	ELECT MR. ALLAN JACKSON AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
12	APPOINT KPMG LLP, CHARTERED ACCOUNTS, ALBERTA, AS THE AUDITORS OF THE CORPORATION FOR THE ENSUING YEAR AND AUTHORIZE THE DIRECTORS OF THE CORPORATION TO FIX THEIR REMUNERATION	Management	Unknown	For
13	AMEND THE 2003 THE WESTJET STOCK OPTION PLAN BY CHANGING THE MAXIMUM NUMBER OF COMMON SHARES WHICH MAY BE ISSUED UNDER THE PLAN TO 5,523,026 COMMON SHARES; AND AUTHORIZE ANY SINGLE OFFICER OR DIRECTOR OF THE CORPORATION AND INSTRUCTED TO EXECUTE ALL SUCH INSTRUMENTS AND CARRY OUT ALL SUCH ACTS AS ARE NECESSARY TO GIVE EFFECT TO THIS RESOLUTION	Management	Unknown	For
14	APPROVE THE 2005 SHARE OPTION PLAN IN SUBSTITUTION FOR THE CORPORATION S 2004SHARE OPTION PLAN; AND AUTHORIZE ANY OFFICER OR DIRECTOR OF THE CORPORATION AND DIRECTED TO EXECUTE, DELIVER AND FILE ALL SUCH DOCUMENTS AND OTHER INSTRUMENTS AND TO OTHERWISE DO AND PERFORM ALL SUCH ACTS AND THINGS AS ARE PERSONALLY DETERMINED TO BE NECESSARY OR DESIRABLE FOR THE IMPLEMENTATION OF THIS RESOLUTION	Management	Unknown	For
15	AMEND, PURSUANT TO SUBSECTION 173(1)(L) OF THE BUSINESS CORPORATIONS ACT (ALBERTA) THAT: THE ARTICLES OF INCORPORATION OF THE CORPORATION BY THE INCREASE OF THE MAXIMUM NUMBER OF DIRECTORS TO 13 THIRTEEN ; AUTHORIZE THE DIRECTORS OF THE CORPORATION TO REVOKE THIS RESOLUTION BEFORE IT IS ACTED ON WITHOUT FURTHER APPROVAL OF THE SHAREHOLDERS AND AUTHORIZE ANY SINGLE OFFICER OR THE DIRECTOR OF THE CORPORATION AND INSTRUCTED TO EXECUTE ALL SUCH INSTRUMENTS AND CARRY OUT ALL SUCH ACTS AS ARE NECESSA...1	Management	Unknown	For
16	TRANSACT ANY OTHER BUSINESS	N/A	N/A	N/A
1. Fidelity displays agenda items and descriptions, including the use of characters (such as page numbers, percentage and pound signs, ampersands and, in particular, asterisks and other footnote designations) as they are provided by the issuer and the vote processing agent. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.