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 Brokerage and Investment Management 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 07:34:25 PM

EXHIBIT A

VOTE SUMMARY REPORT
Select Brokerage and Investment Management 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: 3I GROUP PLC (FORMERLY INVESTORS IN INDUSTRY PLC) MEETING DATE: 07/07/2004
TICKER: --     SECURITY ID: G4708P104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE AND CONSIDER THE COMPANY S ACCOUNTS FOR THE YE 31 MAR 2004 AND THE DIRECTORS REPORT AND THE AUDITORS REPORT THEREON	Management	Unknown	For
2	APPROVE THE DIRECTORS REMUNERATION REPORT FOR THE YE 31 MAR 2004	Management	Unknown	For
3	DECLARE A FINAL DIVIDEND OF 8.9P PER SHARE NET, PAYABLE TO SHAREHOLDERS ON THE REGISTER OF MEMBERS ON 18 JUN 2004	Management	Unknown	For
4	RE-APPOINT MR. BARONESS HOGG AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
5	RE-APPOINT MR. P.E YEA AS A DIRECTOR OF THE COMPANY	Management	Unknown	For
6	RE-APPOINT ERNST & YOUNG LLP AS THE AUDITORS OF THE COMPANY UNTIL THE CONCLUSION OF THE NEXT GENERAL MEETING AT WHICH ACCOUNTS ARE LAID BEFORE THE MEMBERS1	Management	Unknown	For
7	AUTHORIZE THE BOARD TO FIX THE AUDITORS REMUNERATION	Management	Unknown	For
8	AUTHORIZE THE EXECUTIVE DIRECTORS TO PARTICIPATE IN THE INCENTIVE ARRANGEMENTS	Management	Unknown	For
9	AUTHORIZE THE DIRECTORS, IN SUBSTITUTION FOR ALL SUBSISTING AUTHORITIES, TO ALLOT RELEVANT SECURITIES SECTION 80 OF THE COMPANIES ACT 1985 UP TO AN AGGREGATE NOMINAL AMOUNT OF GBP 102,257,000; AUTHORITY EXPIRES EARLIER AT THE CONCLUSION OF THE AGM OF THE COMPANY HELD ON 2009 OR 06 JUL 2009 ; AND THE DIRECTORS MAY ALLOT RELEVANT SECURITIES AFTER THE EXPIRY OF THIS AUTHORITY IN PURSUANCE OF SUCH AN OFFER OR AGREEMENT MADE PRIOR TO SUCH EXPIRY	Management	Unknown	For
10	AUTHORIZE THE DIRECTORS, IN SUBSTITUTION FOR ALL SUBSISTING AUTHORITIES, SUBJECT TO THE PASSING OF RESOLUTION 9 AND PURSUANT TO SECTION 95 OF THE COMPANIES ACT 1985, TO ALLOT EQUITY SECURITIES SECTION 94 FOR CASH PURSUANT TO THE AUTHORITY CONFERRED BY RESOLUTION 9, DISAPPLYING THE STATUTORY PRE-EMPTION RIGHTS SECTION 89(1) , PROVIDED THAT THIS POWER IS LIMITED TO THE ALLOTMENT OF EQUITY SECURITIES A) IN CONNECTION WITH AN OFFER OF SUCH SECURITIES BY WAY OF RIGHTS OR THE PRE-EMPTIVE OFFER OR ...1	Management	Unknown	For
11	AUTHORIZE THE COMPANY, IN ACCORDANCE WITH THE ARTICLE 7 OF THE COMPANY S ARTICLES OF ASSOCIATION, TO MAKE MARKET PURCHASES SECTION 163(3) OF THE COMPANIES ACT 1985 OF UP TO 61,353,706 ORDINARY SHARES 10% OF THE COMPANY ISSUED SHARE CAPITAL AS ON 10 MAY 2004 OF 50P EACH IN THE CAPITAL OF THE COMPANY, AT A MINIMUM PRICE OF 50P FOR EACH ORDINARY SHARE AND NOT MORE THAN 5% ABOVE THE AVERAGE OF THE CLOSING MID-MARKET PRICE OF THE ORDINARY SHARES DERIVED FROM THE LONDON STOCK EXCHANGE DAILY OFFI...1	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: AFFILIATED MANAGERS GROUP, INC. MEETING DATE: 06/01/2005
TICKER: AMG     SECURITY ID: 008252108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD E. FLOOR AS A DIRECTOR	Management	For	For
1.2	ELECT SEAN M. HEALEY AS A DIRECTOR	Management	For	For
1.3	ELECT HAROLD J. MEYERMAN AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM J. NUTT AS A DIRECTOR	Management	For	For
1.5	ELECT ROBERT C. PUFF, JR. AS A DIRECTOR	Management	For	For
1.6	ELECT RITA M. RODRIGUEZ AS A DIRECTOR	Management	For	For
2	TO APPROVE THE MATERIAL TERMS OF THE COMPANY S LONG-TERM EXECUTIVE INCENTIVE PLAN, AS AMENDED.	Management	For	For
3	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE CURRENT FISCAL YEAR.	Management	For	For

ISSUER NAME: ALLIED CAPITAL CORPORATION MEETING DATE: 05/17/2005
TICKER: ALD     SECURITY ID: 01903Q108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN D. FIRESTONE AS A DIRECTOR	Management	For	For
1.2	ELECT ANTHONY T. GARCIA AS A DIRECTOR	Management	For	For
1.3	ELECT LAWRENCE I. HEBERT AS A DIRECTOR	Management	For	For
1.4	ELECT MARC F. RACICOT AS A DIRECTOR	Management	For	For
1.5	ELECT LAURA W. VAN ROIJEN AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE SELECTION OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR ALLIED CAPITAL CORPORATION FOR THE YEAR ENDING DECEMBER 31, 2005.	Management	For	For

ISSUER NAME: AMERICAN CAPITAL STRATEGIES, LTD. MEETING DATE: 06/20/2005
TICKER: ACAS     SECURITY ID: 024937104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT NEIL M. HAHL AS A DIRECTOR	Management	For	For
1.2	ELECT STAN LUNDINE AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE COMPANY S 2005 EMPLOYEE STOCK OPTION PLAN.	Management	For	Against
3	APPROVAL OF AN AMENDMENT TO THE COMPANY S FUNDAMENTAL POLICIES REPEALING SUCH POLICIES.	Management	For	For
4	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS AUDITORS.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: AMERICAN EXPRESS COMPANY MEETING DATE: 04/27/2005
TICKER: AXP     SECURITY ID: 025816109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT D.F. AKERSON AS A DIRECTOR	Management	For	For
1.2	ELECT C. BARSHEFSKY AS A DIRECTOR	Management	For	For
1.3	ELECT W.G. BOWEN AS A DIRECTOR	Management	For	For
1.4	ELECT U.M. BURNS AS A DIRECTOR	Management	For	For
1.5	ELECT K.I. CHENAULT AS A DIRECTOR	Management	For	For
1.6	ELECT P.R. DOLAN AS A DIRECTOR	Management	For	For
1.7	ELECT V.E. JORDAN, JR. AS A DIRECTOR	Management	For	For
1.8	ELECT J. LESCHLY AS A DIRECTOR	Management	For	For
1.9	ELECT R.A. MCGINN AS A DIRECTOR	Management	For	For
1.10	ELECT E.D. MILLER AS A DIRECTOR	Management	For	For
1.11	ELECT F.P. POPOFF AS A DIRECTOR	Management	For	For
1.12	ELECT R.D. WALTER AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS.	Management	For	For
3	SHAREHOLDER PROPOSAL RELATING TO STOCK OPTIONS.	Shareholder	Against	Against
4	SHAREHOLDER PROPOSAL REQUESTING A SEPARATE ANNUAL REPORT DESCRIBING THE COMPANY S POLITICAL CONTRIBUTIONS.	Shareholder	Against	Against

ISSUER NAME: AMERITRADE HOLDING CORPORATION MEETING DATE: 02/16/2005
TICKER: AMTD     SECURITY ID: 03074K100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT J. JOE RICKETTS AS A DIRECTOR	Management	For	For
1.2	ELECT DAN W. COOK III AS A DIRECTOR	Management	For	For
2	AUDITORS. RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2005.1	Management	For	For
3	TO VOTE, IN ITS DISCRETION, UPON ANY OTHER BUSINESS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY POSTPONEMENT OR ADJOURNMENT THEREOF. MANAGEMENT IS NOT AWARE OF ANY OTHER MATTERS THAT SHOULD COME BEFORE THE ANNUAL MEETING.	Management	For	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: ARCHIPELAGO HOLDINGS, INC. MEETING DATE: 05/10/2005
TICKER: AX     SECURITY ID: 03957A104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT GERALD D. PUTNAM AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD C. BREEDEN AS A DIRECTOR	Management	For	For
1.3	ELECT PHILIP D. DEFEO AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM E. FORD AS A DIRECTOR	Management	For	For
1.5	ELECT JAMES J. MCNULTY AS A DIRECTOR	Management	For	For
1.6	ELECT GEORGE MUNOZ AS A DIRECTOR	Management	For	For
1.7	ELECT MICHAEL J. PASSARELLA AS A DIRECTOR	Management	For	For
1.8	ELECT STUART M. ROBBINS AS A DIRECTOR	Management	For	For
1.9	ELECT ROBERT G. SCOTT AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS 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: BANGKOK BANK PUBLIC CO LTD MEETING DATE: 04/12/2005
TICKER: --     SECURITY ID: Y0606R119
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE THE MINUTES OF THE 11TH AGM HELD ON 09 APR 2004	Management	Unknown	For
2	ACKNOWLEDGE THE REPORTS ON THE RESULTS OF OPERATIONS FOR THE YEAR 2004 AS PRESENTED IN THE ANNUAL REPORT	Management	Unknown	For
3	ACKNOWLEDGE THE REPORT OF THE AUDIT COMMITTEE	Management	Unknown	For
4	APPROVE THE BALANCE SHEET AND THE INCOME STATEMENT FOR THE YEAR 2004	Management	Unknown	For
5	APPROVE THE APPROPRIATION OF THE PROFIT AND PAYMENT OF DIVIDEND FOR THE YEAR 2004	Management	Unknown	For
6	ELECT THE DIRECTOR(S) IN PLACE OF THOSE RETIRING BY ROTATION1	Management	Unknown	For
7	APPOINT THE AUDITORS AND DETERMINE THE REMUNERATION	Management	Unknown	For
8	APPROVE THE AMENDMENT TO CLAUSE 4 THE REGISTERED CAPITAL OF THE BANK OF THE BANK S MEMORANDUM OF ASSOCIATION	Management	Unknown	For
9	APPROVE THE RECONSIDERATION OF THE RESOLUTIONS REGARDING THE ALLOCATIONS OF SHARES AND ISSUANCE OF VARIOUS TYPES OF THE BANK S SECURITIES	Management	Unknown	Abstain
10	OTHER BUSINESS	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: BLACKROCK, INC. MEETING DATE: 04/27/2005
TICKER: BLK     SECURITY ID: 09247X101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT WILLIAM S. DEMCHAK AS A DIRECTOR	Management	For	For
1.2	ELECT MURRY S. GERBER AS A DIRECTOR	Management	For	For
1.3	ELECT JAMES GROSFELD AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM C. MUTTERPERL AS A DIRECTOR	Management	For	For
1.5	ELECT LINDA GOSDEN ROBINSON AS A DIRECTOR	Management	For	For

ISSUER NAME: BOSTON PRIVATE FINANCIAL HOLDINGS, I MEETING DATE: 04/27/2005
TICKER: BPFH     SECURITY ID: 101119105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PETER C. BENNETT AS A DIRECTOR	Management	For	For
1.2	ELECT KATHLEEN M. GRAVELINE AS A DIRECTOR	Management	For	For
1.3	ELECT WALTER M. PRESSEY AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM J. SHEA AS A DIRECTOR	Management	For	For

ISSUER NAME: CALAMOS ASSET MANAGEMENT, INC. MEETING DATE: 06/07/2005
TICKER: CLMS     SECURITY ID: 12811R104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ARTHUR L. KNIGHT AS A DIRECTOR	Management	For	For
1.2	ELECT G. BRADFORD BULKLEY AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD W. GILBERT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE COMPANY S FISCAL YEAR ENDING DECEMBER 31, 2005.	Management	For	For

ISSUER NAME: CUMULUS MEDIA INC. MEETING DATE: 04/29/2005
TICKER: CMLS     SECURITY ID: 231082108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT LEWIS W. DICKEY, JR. AS A DIRECTOR	Management	For	For
2	PROPOSAL TO AMEND THE COMPANY S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE AGGREGATE NUMBER OF SHARES THAT THE COMPANY IS AUTHORIZED TO ISSUE FROM 170,262,000 TO 270,262,000 AND TO INCREASE THE NUMBER OF SHARES DESIGNATED AS CLASS A COMMON STOCK FROM 100,000,000 TO 200,000,000.	Management	For	For
3	PROPOSAL TO RATIFY THE BOARD S APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT AUDITORS FOR 2005.	Management	For	For

ISSUER NAME: D. CARNEGIE & CO AB MEETING DATE: 03/17/2005
TICKER: --     SECURITY ID: W20708116
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED. SHOULD YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE AT ADP. THANK YOU.1	N/A	N/A	N/A
2	MARKET RULES REQUIRE ADP TO DISCLOSE BENEFICIAL OWNER INFORMATION FOR ALL VOTED ACCOUNTS. IF AN ACCOUNT HAS MULTIPLE BENEFICIAL OWNERS, YOU WILL NEED TO PROVIDE THE BREAKDOWN OF EACH BENEFICIAL OWNER NAME, ADDRESS AND SHARE POSITION TO YOUR ADP CLIENT SERVICE REPRESENTATIVE. THIS INFORMATION IS REQUIRED IN ORDER FOR ADP TO LODGE YOUR VOTE.	N/A	N/A	N/A
3	PLEASE NOTE THAT ABSTAIN IS NOT A VALID VOTE OPTION IN SWEDEN. THANK YOU	N/A	N/A	N/A
4	ELECT THE CHAIRMAN OF THE MEETING	Management	Unknown	Take No Action
5	APPROVE THE VOTING REGISTER	Management	Unknown	Take No Action
6	APPROVE THE AGENDA	Management	Unknown	Take No Action
7	ELECT 1 OR 2 PERSONS TO ATTEST THE MINUTES	Management	Unknown	Take No Action
8	APPROVE TO DETERMINE WHETHER THE MEETING HAS BEEN DULY CONVENED	Management	Unknown	Take No Action
9	RECEIVE THE REPORT OF THE AUDITOR	Management	Unknown	Take No Action
10	RECEIVE THE REPORT OF THE CEO	Management	Unknown	Take No Action
11	RECEIVE THE REPORT OF THE CHAIRMAN OF THE BOARD	Management	Unknown	Take No Action
12	RECEIVE THE REPORTS CONCERNING THE AUDIT COMMITTEE AND THE REMUNERATION COMMITTEE	Management	Unknown	Take No Action
13	ADOPT THE INCOME STATEMENT AND THE BALANCE SHEET AS PER 31 DEC 2004	Management	Unknown	Take No Action
14	APPROVE THE APPROPRIATION OF EARNINGS AND TO MAKE DIVIDEND PAYMENTS TO THE SHAREHOLDERS AND THAT THE DIVIDEND SHALL AMOUNT SEK 5 AND 93 ORE PER SHARE AND THE RECORD DATE FOR PAYMENT OF THE DIVIDEND SHALL BE 22 MAR 2005	Management	Unknown	Take No Action
15	GRANT RELEASE TO THE MEMBERS OF THE BOARD OF DIRECTORS AND THE MANAGING DIRECTOR FROM LIABILITY	Management	Unknown	Take No Action
16	APPROVE TO DETERMINE THE REMUNERATION TO THE BOARD OF DIRECTORS; APPROVE THAT REMUNERATION SHALL BE PAID ACCORDING TO THE PRINCIPLES SPECIFIED BELOW: THE REMUNERATION SHALL NOT BE PAID TO THOSE DIRECTORS OF THE BOARD THAT ARE EMPLOYED BY THE COMPANY OR ANY ITS SUBSIDIARIES; THE CHAIRMAN OF THE BOARD WILL RECEIVE SEK 1,000,000, THE VICE CHAIRMAN OF THE BOARD WILL RECEIVE SEK 450,000 AND THE OTHER BOARD MEMBERS WILL EACH RECEIVE SEK 300,000 FOR THEIR ASSIGNMENT IN THE BOARD OF COMPANY; FOR THE ASS...	Management	Unknown	Take No Action
17	RE-ELECT MESSRS. LARS BERTMAR, CHRISTER ZETTERBERG, ANDERS LJUNGH, KARIN FORSEKE, FIELDS WICKER-MIURIN, HUGO ANDERSEN AND DAG SEHLIN AS THE BOARD OF DIRECTORS; AND ELECT MR. B. THOR BJORGOLFSSON AS A BOARD MEMBER	Management	Unknown	Take No Action
18	APPROVE THAT THE AGM OF THE COMPANY ADOPT A RESOLUTION PURSUANT TO WHICH, FOR THE PERIOD THROUGH THE 2006 AGM, THOSE SUBSIDIARIES IN THE COMPANY S GROUP THAT ENGAGE IN SECURITIES OPERATIONS SHALL BE ENTITLED TO ACQUIRE AND SELL SHARES IN THE COMPANY WITHIN THE SECURITIES OPERATIONS IN ACCORDANCE WITH THE CONDITIONS SPECIFIED IN CHAPTER 4, SECTION 5 OF THE SECURITIES OPERATIONS ACT; THE PRICE SHALL EQUAL THE MARKET PRICE APPLICABLE FROM TIME TO TIME AND THE AGGREGATE SHAREHOLDING FROM TIME TO TIM...	Management	Unknown	Take No Action
19	APPROVE THAT THE NOMINATING PROCESS FOR THE AGM IN 2006 SHALL BE THAT THE CHAIRMAN OF THE BOARD BE MANDATED TO CONTACT THE LARGEST SHAREHOLDERS OF THE COMPANY, IN ORDER TO APPOINT A NOMINATION COMMITTEE CONSISTING OF NOT LESS THAN THREE AND NOT MORE THAN FIVE REPRESENTATIVES OF LARGER SHAREHOLDERS, WHO TOGETHER WITH THE CHAIRMAN OF THE BOARD ARE TO FORM THE NOMINATION COMMITTEE	Management	Unknown	Take No Action
20	CLOSING OF THE MEETING	Management	Unknown	Take No Action
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: DEUTSCHE BOERSE AG, FRANKFURT AM MAIN MEETING DATE: 05/25/2005
TICKER: --     SECURITY ID: D1882G119
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING 205292 DUE TO CHANGE IN THE 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
2	PLEASE BE ADVISED THAT DEUTSCHE BOERSE AG, FRANKFURT SHARES ARE ISSUED IN REGISTERED FORM AND AS SUCH DO NOT REQUIRE SHARE BLOCKING IN ORDER TO ENTITLE YOU TO VOTE. THANK YOU.	N/A	N/A	N/A
3	PRESENTATION OF THE APPROVED ANNUAL AND CONSOLIDATED ANNUAL FINANCIAL STATEMENTS, THE MANAGEMENT REPORT OF DEUTSCHE BOERSE AG AND THE GROUP MANAGEMENT REPORT AS OF DECEMBER 31, 2004, AS WELL AS THE REPORT OF THE SUPERVISORY BOARD AND THE PROPOSAL FOR THE APPROPRIATION OF DISTRIBUTABLE PROFITS	Management	Unknown	Take No Action
4	THE EXECUTIVE BOARD AND THE SUPERVISORY BOARD PROPOSE THAT THE DISTRIBUTABLE PROFIT DISCLOSED IN THE APPROVED ANNUAL FINANCIAL STATEMENTS AS OF DECEMBER 31, 2004 TOTALING EUR 226,825,000.00 BE USED TO PAY A DIVIDEND OF EUR 0.70 FOR EACH SHARE CARRYING DIVIDEND RIGHTS, I.E. EUR 78,262,016.00 IN TOTAL, AND THAT THE REMAINING AMOUNT OF EUR 148,562,984.00 BE ALLOCATED TO OTHER RETAINED EARNINGS; THE NUMBER OF SHARES CARRYING DIVIDEND RIGHTS MAY INCREASE OR DECREASE BEFORE THE ANNUAL GENERAL MEETING ...	Management	Unknown	Take No Action
5	THE SUPERVISORY BOARD AND THE EXECUTIVE BOARD PROPOSE THAT THE ACTS OF THE EXECUTIVE BOARD IN FISCAL YEAR 2004 BE APPROVED	Management	Unknown	Take No Action
6	THE SUPERVISORY BOARD AND THE EXECUTIVE BOARD PROPOSE THAT THE ACTS OF THE SUPERVISORY BOARD IN FISCAL YEAR 2004 BE APPROVED	Management	Unknown	Take No Action
7	THE EXISTING AUTHORIZED CAPITAL I IN ACCORDANCE WITH SECTION 4 SUB-SECTION 3 OF THE ARTICLES OF ASSOCIATION EXPIRES ON DECEMBER 31, 2005 AND SHALL THEREFORE BE RENEWED; THE SUPERVISORY BOARD AND THE EXECUTIVE BOARD THEREFORE PROPOSE TO RESOLVE THE FOLLOWING: A) THE CANCELLATION OF SECTION 4 SUB-SECTION 3 OF THE ARTICLES OF ASSOCIATION CANCELS THE EXISTING AUTHORIZATION OF THE EXECUTIVE BOARD UNDER SECTION 4 SUB-SECTION 3 OF THE ARTICLES OF ASSOCIATION TO INCREASE, WITH THE CONSENT OF THE SUPERVI...1	Management	Unknown	Take No Action
8	THE SUPERVISORY BOARD AND THE EXECUTIVE BOARD PROPOSE TO RESOLVE THE FOLLOWING: THE EXECUTIVE BOARD IS AUTHORIZED TO ACQUIRE OWN SHARES UP TO A MAXIMUM OF 10% OF THE SHARE CAPITAL BEFORE OCTOBER 31, 2006; THE COMBINED TOTAL OF THE SHARES ACQUIRED AS A RESULT OF THIS AUTHORIZATION, AND OWN SHARES ACQUIRED FOR ANY OTHER REASONS AND EITHER OWNED BY THE COMPANY OR ATTRIBUTABLE TO THE COMPANY IN ACCORDANCE WITH SECTIONS 71A ET SEQ. AKTG, MUST NOT EXCEED 10% OF THE COMPANY S SHARE CAPITAL AT ANY GIVEN...	Management	Unknown	Take No Action
9	THE RECENT RULING BY THE GERMAN FEDERAL COURT OF JUSTICE RAISES QUESTIONS WITH REGARD TO THE ADMISSIBILITY OF THE SHARE PRICE-RELATED COMPONENTS CONTAINED IN THE REMUNERATION OF THE SUPERVISORY BOARD; IN ORDER TO MEET THESE CONCERNS THE REMUNERATION OF THE SUPERVISORY BOARD SHALL CONSIST OF A FIXED AND, IN ACCORDANCE WITH THE GERMAN CORPORATE GOVERNANCE CODE ACCEPTED BY DEUTSCHE BOERSE AG, VARIABLE REMUNERATION WHEREBY THE LATTER SHALL CONSIST OF TWO COMPONENTS ONE BEING LINKED TO THE GROUP S RE...	Management	Unknown	Take No Action
10	THE SUPERVISORY BOARD AND THE EXECUTIVE BOARD PROPOSE TO RESOLVE THE FOLLOWING: IN SECTION 9 SUB-SECTION 1 OF THE ARTICLES OF ASSOCIATION, THE FOLLOWING NEW SENTENCE 4 SHALL BE ADDED: THE ANNUAL GENERAL MEETING MAY SET A SHORTER TERM OF OFFICE FOR ONE OR SEVERAL SHAREHOLDER REPRESENTATIVES	Management	Unknown	Take No Action
11	THE SUPERVISORY BOARD PROPOSES TO APPOINT THE FOLLOWING COMPANY AS THE AUDITORS AND GROUP AUDITORS FOR FISCAL YEAR 2005: KPMG DEUTSCHE TREUHAND-GESELLSCHAFT AKTIENGESELLSCHAFT WIRTSCHAFTSPRFUNGSGESELLSCHAFT BASED IN BERLIN AND FRANKFURT AM MAIN	Management	Unknown	Take No Action
12	PLEASE NOTE THAT THIS IS A SHAREHOLDER PROPOSAL: STATEMENT WITH REGARDS TO THE MOTION OF MORGAN STANLEY BANK AG REPRESENTED BY MR. CHRISTOPHER HOHN THE EXECUTIVE BOARD OF DEUTSCHE BOERSE AG REJECTS THE MOTION BY MORGAN STANLEY BANK AG TO REMOVE DR. BREUER AS A MEMBER OF THE SUPERVISORY BOARD OF THE COMPANY AT THE ANNUAL GENERAL MEETING ON 25 MAY 2005 AND PROPOSES TO VOTE AGAINST THE MOTION. AFTER THE COMPANY HAD CALLED THE ANNUAL GENERAL MEETING FOR WEDNESDAY, MAY 25, 2005 IN FRANKFURT /MAIN (P...1	Management	Unknown	Take No Action
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: E*TRADE FINANCIAL CORPORATION MEETING DATE: 05/26/2005
TICKER: ET     SECURITY ID: 269246104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MITCHELL H. CAPLAN AS A DIRECTOR	Management	For	For
1.2	ELECT C. CATHLEEN RAFFAELI AS A DIRECTOR	Management	For	For
1.3	ELECT DARYL G. BREWSTER AS A DIRECTOR	Management	For	For
1.4	ELECT STEPHEN H. WILLARD AS A DIRECTOR	Management	For	For
2	TO APPROVE THE 2005 EQUITY INCENTIVE PLAN.	Management	For	Against
3	TO APPROVE THE 2005 EXECUTIVE BONUS PLAN.	Management	For	For
4	TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT PUBLIC ACCOUNTANTS FOR THE COMPANY 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: EBAY INC. MEETING DATE: 06/23/2005
TICKER: EBAY     SECURITY ID: 278642103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT FRED D. ANDERSON AS A DIRECTOR	Management	For	For
1.2	ELECT EDWARD W. BARNHOLT AS A DIRECTOR	Management	For	For
1.3	ELECT SCOTT D. COOK AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT C. KAGLE AS A DIRECTOR	Management	For	For
2	TO APPROVE OUR EBAY INCENTIVE PLAN IN ORDER TO QUALIFY IT UNDER SECTION 162(M) OF THE INTERNAL REVENUE CODE.1	Management	For	For
3	TO APPROVE AN AMENDMENT TO OUR CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED NUMBER OF SHARES OF COMMON STOCK FROM 1,790,000,000 TO 3,580,000,000 SHARES.	Management	For	For
4	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT AUDITORS FOR OUR FISCAL YEAR ENDING DECEMBER 31, 2005.	Management	For	For
5	STOCKHOLDER PROPOSAL REGARDING GRANTING OF PERFORMANCE-VESTING SHARES TO SENIOR EXECUTIVES.	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL REGARDING THE VOTING STANDARD FOR DIRECTOR ELECTIONS.	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: ESPEED, INC. MEETING DATE: 10/20/2004
TICKER: ESPD     SECURITY ID: 296643109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HOWARD W. LUTNICK AS A DIRECTOR	Management	For	For
1.2	ELECT LEE M. AMAITIS AS A DIRECTOR	Management	For	For
1.3	ELECT KEVIN FOLEY AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN H. DALTON AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM J. MORAN AS A DIRECTOR	Management	For	For
1.6	ELECT HENRY MORRIS AS A DIRECTOR	Management	For	For
1.7	ELECT ALBERT M. WEIS AS A DIRECTOR	Management	For	For

ISSUER NAME: FIRST MARBLEHEAD CORPORATION MEETING DATE: 11/18/2004
TICKER: FMD     SECURITY ID: 320771108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DANIEL MAXWELL MEYERS AS A DIRECTOR	Management	For	For
1.2	ELECT STEPHEN E. ANBINDER AS A DIRECTOR	Management	For	For
1.3	ELECT LESLIE L. ALEXANDER AS A DIRECTOR	Management	For	For
1.4	ELECT WILLIAM R. BERKLEY AS A DIRECTOR	Management	For	For
1.5	ELECT DORT A. CAMERON III AS A DIRECTOR	Management	For	For
1.6	ELECT GEORGE G. DALY AS A DIRECTOR	Management	For	For
1.7	ELECT PETER S. DROTCH AS A DIRECTOR	Management	For	For
1.8	ELECT WILLIAM D. HANSEN AS A DIRECTOR	Management	For	For
2	APPROVE AN AMENDMENT TO OUR RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED NUMBER OF SHARES OF CAPITAL STOCK.	Management	For	For
3	APPROVE OUR EXECUTIVE INCENTIVE COMPENSATION PLAN.	Management	For	For

ISSUER NAME: FRANKLIN RESOURCES, INC. MEETING DATE: 01/25/2005
TICKER: BEN     SECURITY ID: 354613101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT SAMUEL H. ARMACOST AS A DIRECTOR	Management	For	For
1.2	ELECT HARMON E. BURNS AS A DIRECTOR	Management	For	For
1.3	ELECT CHARLES CROCKER AS A DIRECTOR	Management	For	For
1.4	ELECT ROBERT D. JOFFE AS A DIRECTOR	Management	For	For
1.5	ELECT CHARLES B. JOHNSON AS A DIRECTOR	Management	For	For
1.6	ELECT RUPERT H. JOHNSON, JR. AS A DIRECTOR	Management	For	For
1.7	ELECT THOMAS H. KEAN AS A DIRECTOR	Management	For	For
1.8	ELECT CHUTTA RATNATHICAM AS A DIRECTOR	Management	For	For
1.9	ELECT PETER M. SACERDOTE AS A DIRECTOR	Management	For	For
1.10	ELECT ANNE M. TATLOCK AS A DIRECTOR	Management	For	For
1.11	ELECT LOUIS E. WOODWORTH AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2005.	Management	For	For
3	APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE FRANKLIN RESOURCES, INC. 2002 UNIVERSAL STOCK INCENTIVE PLAN.	Management	For	Against
4	APPROVAL OF THE AMENDMENT OF THE CERTIFICATE OF INCORPORATION, AS AMENDED, TO INCREASE THE NUMBER OF SHARES OF COMMON STOCK AUTHORIZED FOR ISSUANCE.	Management	For	Against

ISSUER NAME: GREENHILL & CO., INC. MEETING DATE: 05/18/2005
TICKER: GHL     SECURITY ID: 395259104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ROBERT F. GREENHILL AS A DIRECTOR	Management	For	For
1.2	ELECT SCOTT L. BOK AS A DIRECTOR	Management	For	For
1.3	ELECT SIMON A. BORROWS AS A DIRECTOR	Management	For	For
1.4	ELECT JOHN C. DANFORTH AS A DIRECTOR	Management	For	For
1.5	ELECT STEVEN F. GOLDSTONE AS A DIRECTOR	Management	For	For
1.6	ELECT STEPHEN L. KEY AS A DIRECTOR	Management	For	For
1.7	ELECT ISABEL V. SAWHILL AS A DIRECTOR	Management	For	For
2	RATIFICATION OF SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS1	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: HSBC HOLDINGS PLC MEETING DATE: 05/27/2005
TICKER: HBC     SECURITY ID: 404280406
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO RECEIVE THE REPORT AND ACCOUNTS FOR 2004	Management	For	For
2.1	ELECT SIR JOHN BOND AS A DIRECTOR	Management	For	For
2.2	ELECT R K F CH'IEN AS A DIRECTOR	Management	For	For
2.3	ELECT J D COOMBE AS A DIRECTOR	Management	For	For
2.4	ELECT BARONESS DUNN AS A DIRECTOR	Management	For	For
2.5	ELECT D J FLINT AS A DIRECTOR	Management	For	For
2.6	ELECT J W J HUGHES-HALLETT AS A DIRECTOR	Management	For	For
2.7	ELECT SIR BRIAN MOFFAT AS A DIRECTOR	Management	For	For
2.8	ELECT S W NEWTON AS A DIRECTOR	Management	For	For
2.9	ELECT H SOHMEN AS A DIRECTOR	Management	For	For
3	TO REAPPOINT THE AUDITOR AT REMUNERATION TO BE DETERMINED BY THE GROUP AUDIT COMMITTEE	Management	For	For
4	TO APPROVE THE DIRECTORS REMUNERATION REPORT FOR 2004	Management	For	For
5	TO AUTHORISE THE DIRECTORS TO ALLOT SHARES	Management	For	For
6	TO DISAPPLY PRE-EMPTION RIGHTS (SPECIAL RESOLUTION)1	Management	For	For
7	TO AUTHORISE THE COMPANY TO PURCHASE ITS OWN ORDINARY SHARES	Management	For	For
8	TO AMEND THE HSBC HOLDINGS SAVINGS-RELATED SHARE OPTION PLAN.	Management	For	For
9	TO AMEND THE HSBC HOLDINGS SAVINGS-RELATED SHARE OPTION PLAN: INTERNATIONAL	Management	For	For
10	TO APPROVE THE HSBC US EMPLOYEE STOCK PLAN	Management	For	For
11	TO APPROVE THE HSBC SHARE PLAN	Management	For	For
12	TO ALTER THE ARTICLES OF ASSOCIATION (SPECIAL RESOLUTION)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: INDIABULLS FINANCIAL SERVICES LTD MEETING DATE: 02/07/2005
TICKER: --     SECURITY ID: Y39129104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	AUTHORIZE THE BOARD OF DIRECTORS BOARD , IN ACCORDANCE WITH THE PROVISIONS OF SECTION 81 AND ALL OTHER APPLICABLE PROVISIONS OF THE COMPANIES ACT 1956 INCLUDING ANY STATUTORY MODIFICATION(S) OR RE-ENACTMENT THEREOF AND RELEVANT PROVISIONS OF THE MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION OF THE COMPANY AND THE ISSUE OF FOREIGN CURRENCY CONVERTIBLE BONDS AND ORDINARY SHARES THROUGH DEPOSITARY RECEIPT MECHANISM) SCHEME 1993 AND SUBJECT TO THE APPROVAL, CONSENT, PERMISSION AND/OR SAN...1	Management	Unknown	For
2	APPROVE, PURSUANT TO THE PROVISIONS OF SECTION 94 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT 1956 INCLUDING ANY STATUTORY MODIFICATION(S) OR RE-ENACTMENT THEREOF, FOR THE TIME BEING IN FORCE , TO INCREASE THE AUTHORIZED CAPITAL OF THE COMPANY INR 25,00,00,000 TO INR 50,00,00,000 BY CREATION OF FURTHER 12,50,00,000 SHARES OF INR 2 EACH AND AMEND CLAUSE V OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY: THE AUTHORIZED SHARE CAPITAL OF THE COMPANY IS INR 50,00,00,000/- DIVID...1	Management	Unknown	For
3	AMEND, PURSUANT TO THE PROVISIONS OF SECTION 31 AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT 1956 INCLUDING ANY STATUTORY MODIFICATION(S) OR RE-ENACTMENT THEREOF, FOR THE TIME BEING IN FORCE , ARTICLE 4 OF THE ARTICLES OF ASSOCIATION OF THE COMPANY AS: THE AUTHORIZED SHARE CAPITAL OF THE COMPANY IS AS MENTIONED IN CLAUSE V OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY1	Management	Unknown	For
4	APPROVE, PURSUANT TO THE PROVISIONS OF SECTION 372A AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT 1956 INCLUDING ANY STATUTORY MODIFICATION(S) OR RE-ENACTMENT THEREOF, FOR THE TIME BEING IN FORCE AND SUBJECT TO THE APPROVAL/CONSENT OF SUCH APPROPRIATE AUTHORITIES INCLUDING THAT OF THE CENTRAL GOVERNMENT AND RESERVE BANK OF INDIA, WHERE NECESSARY, CONSENT OF THE COMPANY BE ACCORDED TO THE BOARD OF DIRECTORS OF THE COMPANY TO FURTHER INVEST COMPANY S FUNDS IN TO ITS SUBSIDIARY CO...1	Management	Unknown	For
5	APPROVE, THE PARTIAL MODIFICATION OF THE RESOLUTION PASSED AT THE EGM ITEM NO. 1 OF THE EGM DATED 05 AUG 2004 OF THE COMPANY HELD ON 03 SEP 2004 WHEREBY THE SHAREHOLDERS CONSENTED TO THE BOARD OF DIRECTORS GIVING LOAN(S), PROVIDING GUARANTEE OR SECURITY IN CONNECTION WITH THE LOAN(S) AND/OR INVESTING UP TO AN AGGREGATE OF INR 250 CRORE IN THE COMPANY S SUBSIDIARY, INDIABULLS SECURITIES LIMITED ISL AND PURSUANT TO THE PROVISIONS OF SECTION 372A AND OTHER APPLICABLE PROVISIONS, IF ANY, OF THE ...1	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: INSTINET GROUP INCORPORATED MEETING DATE: 05/16/2005
TICKER: INGP     SECURITY ID: 457750107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DAVID J. GRIGSON AS A DIRECTOR	Management	For	For
1.2	ELECT EDWARD J. NICOLL AS A DIRECTOR	Management	For	For
1.3	ELECT IAN STRACHAN AS A DIRECTOR	Management	For	For
1.4	ELECT ROBIN JOSEPHS AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INSTINET GROUP INCORPORATED S INDEPENDENT AUDITORS FOR THE 2005 FISCAL YEAR.	Management	For	For
3	APPROVE THE INSTINET GROUP 2005 ANNUAL CASH INCENTIVE PLAN.	Management	For	For

ISSUER NAME: JANUS CAPITAL GROUP INC. MEETING DATE: 05/10/2005
TICKER: JNS     SECURITY ID: 47102X105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT PAUL F. BALSER AS A DIRECTOR	Management	For	For
1.2	ELECT GARY D. BLACK AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT SKIDELSKY AS A DIRECTOR	Management	For	For
2	RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS.1	Management	For	For
3	APPROVE THE 2005 LONG TERM INCENTIVE STOCK 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: JEFFERIES GROUP, INC. MEETING DATE: 05/23/2005
TICKER: JEF     SECURITY ID: 472319102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT W. PATRICK CAMPBELL AS A DIRECTOR	Management	For	For
1.2	ELECT RICHARD G. DOOLEY AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD B. HANDLER AS A DIRECTOR	Management	For	For
1.4	ELECT FRANK J. MACCHIAROLA AS A DIRECTOR	Management	For	For
1.5	ELECT JOHN C. SHAW, JR. AS A DIRECTOR	Management	For	For

ISSUER NAME: JPMORGAN CHASE & CO. MEETING DATE: 05/17/2005
TICKER: JPM     SECURITY ID: 46625H100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HANS W. BECHERER AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN H. BIGGS AS A DIRECTOR	Management	For	For
1.3	ELECT LAWRENCE A. BOSSIDY AS A DIRECTOR	Management	For	For
1.4	ELECT STEPHEN B. BURKE AS A DIRECTOR	Management	For	For
1.5	ELECT JAMES S. CROWN AS A DIRECTOR	Management	For	For
1.6	ELECT JAMES DIMON AS A DIRECTOR	Management	For	For
1.7	ELECT ELLEN V. FUTTER AS A DIRECTOR	Management	For	For
1.8	ELECT WILLIAM H. GRAY III AS A DIRECTOR	Management	For	For
1.9	ELECT WILLIAM B. HARRISON JR. AS A DIRECTOR	Management	For	For
1.10	ELECT LABAN P. JACKSON JR. AS A DIRECTOR	Management	For	For
1.11	ELECT JOHN W. KESSLER AS A DIRECTOR	Management	For	For
1.12	ELECT ROBERT I. LIPP AS A DIRECTOR	Management	For	For
1.13	ELECT RICHARD A. MANOOGIAN AS A DIRECTOR	Management	For	For
1.14	ELECT DAVID C. NOVAK AS A DIRECTOR	Management	For	For
1.15	ELECT LEE R. RAYMOND AS A DIRECTOR	Management	For	For
1.16	ELECT WILLIAM C. WELDON AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
3	APPROVAL OF 2005 LONG-TERM INCENTIVE PLAN	Management	For	For
4	DIRECTOR TERM LIMITS	Shareholder	Against	Against
5	SEPARATION OF CHAIRMAN AND CEO	Shareholder	Against	Against
6	COMPETITIVE PAY	Shareholder	Against	Against
7	RECOUP UNEARNED MANAGEMENT BONUSES	Shareholder	Against	Against

ISSUER NAME: KNIGHT TRADING GROUP, INC. MEETING DATE: 05/11/2005
TICKER: NITE     SECURITY ID: 499063105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO APPROVE THE CHANGE OF THE COMPANY S NAME TO KNIGHT CAPITAL GROUP, INC.	Management	For	For
2.1	ELECT WILLIAM L. BOLSTER AS A DIRECTOR	Management	For	For
2.2	ELECT CHARLES V. DOHERTY AS A DIRECTOR	Management	For	For
2.3	ELECT GARY R. GRIFFITH AS A DIRECTOR	Management	For	For
2.4	ELECT THOMAS M. JOYCE AS A DIRECTOR	Management	For	For
2.5	ELECT ROBERT M. LAZAROWITZ AS A DIRECTOR	Management	For	For
2.6	ELECT THOMAS C. LOCKBURNER AS A DIRECTOR	Management	For	For
2.7	ELECT JAMES T. MILDE AS A DIRECTOR	Management	For	For
2.8	ELECT RODGER O. RINEY AS A DIRECTOR	Management	For	For
3	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT AUDITOR FOR 2005.	Management	For	For

ISSUER NAME: LEGG MASON, INC. MEETING DATE: 07/20/2004
TICKER: LM     SECURITY ID: 524901105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT HAROLD L. ADAMS AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES W. BRINKLEY AS A DIRECTOR	Management	For	For
1.3	ELECT RAYMOND A. MASON AS A DIRECTOR	Management	For	For
1.4	ELECT MARGARET M. RICHARDSON AS A DIRECTOR	Management	For	For
1.5	ELECT KURT L. SCHMOKE AS A DIRECTOR	Management	For	For
2	AMENDMENT OF THE LEGG MASON, INC. 1996 EQUITY INCENTIVE PLAN.	Management	For	Against
3	AMENDMENT OF THE LEGG MASON, INC. STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS.	Management	For	For

ISSUER NAME: LEHMAN BROTHERS HOLDINGS INC. MEETING DATE: 04/05/2005
TICKER: LEH     SECURITY ID: 524908100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT MICHAEL L. AINSLIE AS A DIRECTOR	Management	For	For
1.2	ELECT JOHN F. AKERS AS A DIRECTOR	Management	For	For
1.3	ELECT RICHARD S. FULD, JR. AS A DIRECTOR	Management	For	For
2	RATIFICATION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR 2005.1	Management	For	For
3	APPROVAL OF 2005 STOCK INCENTIVE PLAN.	Management	For	Against
4	SHAREHOLDER PROPOSAL REGARDING CEO COMPENSATION.	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: MARKETAXESS HOLDINGS, INC. MEETING DATE: 06/01/2005
TICKER: MKTX     SECURITY ID: 57060D108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RICHARD M. MCVEY AS A DIRECTOR	Management	For	For
1.2	ELECT STEPHEN P. CASPER AS A DIRECTOR	Management	For	For
1.3	ELECT DAVID G. GOMACH AS A DIRECTOR	Management	For	For
1.4	ELECT RONALD M. HERSCH AS A DIRECTOR	Management	For	For
1.5	ELECT WAYNE D. LYSKI AS A DIRECTOR	Management	For	For
1.6	ELECT JEROME S. MARKOWITZ AS A DIRECTOR	Management	For	For
1.7	ELECT NICOLAS S. ROHATYN AS A DIRECTOR	Management	For	For
1.8	ELECT JOHN STEINHARDT AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005.	Management	For	For

ISSUER NAME: MBNA CORPORATION MEETING DATE: 05/02/2005
TICKER: KRB     SECURITY ID: 55262L100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES H. BERICK AS A DIRECTOR	Management	For	For
1.2	ELECT MARY M. BOIES AS A DIRECTOR	Management	For	For
1.3	ELECT BENJAMIN R. CIVILETTI AS A DIRECTOR	Management	For	For
1.4	ELECT BRUCE L. HAMMONDS AS A DIRECTOR	Management	For	For
1.5	ELECT WILLIAM L. JEWS AS A DIRECTOR	Management	For	For
1.6	ELECT RANDOLPH D. LERNER AS A DIRECTOR	Management	For	For
1.7	ELECT STUART L. MARKOWITZ AS A DIRECTOR	Management	For	For
1.8	ELECT WILLIAM B. MILSTEAD AS A DIRECTOR	Management	For	For
1.9	ELECT THOMAS G. MURDOUGH, JR. AS A DIRECTOR	Management	For	For
1.10	ELECT LAURA S. UNGER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
3	STOCKHOLDER PROPOSAL	Shareholder	Against	Against
4	STOCKHOLDER PROPOSAL	Shareholder	Against	Against

ISSUER NAME: MCF CORPORATION MEETING DATE: 05/06/2005
TICKER: MEM     SECURITY ID: 580395101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT D. JONATHAN MERRIMAN AS A DIRECTOR	Management	For	For
1.2	ELECT PATRICK ARBOR AS A DIRECTOR	Management	For	For
1.3	ELECT DONALD H. SLEDGE AS A DIRECTOR	Management	For	For
1.4	ELECT RONALD SPEARS AS A DIRECTOR	Management	For	For
1.5	ELECT STEVEN W. TOWN AS A DIRECTOR	Management	For	For
1.6	ELECT RAYMOND MINEHAN AS A DIRECTOR	Management	For	For
1.7	ELECT DENNIS SCHMAL AS A DIRECTOR	Management	For	For
1.8	ELECT ANTHONY B. HELFET AS A DIRECTOR	Management	For	For
1.9	ELECT SCOTT POTTER AS A DIRECTOR	Management	For	For
2	TO APPROVE THE AMENDMENT TO THE 2003 STOCK OPTION AND INCENTIVE PLAN.	Management	For	Against

ISSUER NAME: MERRILL LYNCH & CO., INC. MEETING DATE: 04/22/2005
TICKER: MER     SECURITY ID: 590188108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JILL K. CONWAY AS A DIRECTOR	Management	For	For
1.2	ELECT HEINZ-JOACHIM NEUBURGER AS A DIRECTOR	Management	For	For
1.3	ELECT E. STANLEY O'NEAL AS A DIRECTOR	Management	For	For
2	RATIFY APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.1	Management	For	For
3	APPROVE THE DIRECTOR STOCK UNIT PLAN.	Management	For	For
4	INSTITUTE CUMULATIVE VOTING.	Shareholder	Against	Abstain
5	LIMIT CHIEF EXECUTIVE OFFICER COMPENSATION.	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: MORGAN STANLEY MEETING DATE: 03/15/2005
TICKER: MWD     SECURITY ID: 617446448
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN E. JACOB AS A DIRECTOR	Management	For	For
1.2	ELECT CHARLES F. KNIGHT AS A DIRECTOR	Management	For	For
1.3	ELECT MILES L. MARSH AS A DIRECTOR	Management	For	For
1.4	ELECT LAURA D'ANDREA TYSON AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS.1	Management	For	For
3	TO AMEND THE CERTIFICATE OF INCORPORATION TO INSTITUTE ANNUAL ELECTION OF DIRECTORS.	Management	For	For
4	SHAREHOLDER PROPOSAL TO LIMIT CEO COMPENSATION.	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: NASDAQ STOCK MARKET, INC. MEETING DATE: 05/25/2005
TICKER: NDAQ     SECURITY ID: 631103108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DANIEL COLEMAN AS A DIRECTOR	Management	For	For
1.2	ELECT PATRICK J. HEALY AS A DIRECTOR	Management	For	For
1.3	ELECT MERIT E. JANOW AS A DIRECTOR	Management	For	For
1.4	ELECT THOMAS G. STEMBERG AS A DIRECTOR	Management	For	For
1.5	ELECT MARY JO WHITE AS A DIRECTOR	Management	For	For
2	REORGANIZATION OF NASDAQ INTO A NEW HOLDING COMPANY STRUCTURE	Management	For	For
3	AMEND NASDAQ S RESTATED CERTIFICATE OF INCORPORATION	Management	For	For
4	APPOINTMENT OF INDEPENDENT REGISTERED ACCOUNTING FIRM	Management	For	For

ISSUER NAME: NATIONAL FINANCIAL PARTNERS CORP. MEETING DATE: 05/10/2005
TICKER: NFP     SECURITY ID: 63607P208
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT STEPHANIE ABRAMSON AS A DIRECTOR	Management	For	For
1.2	ELECT ARTHUR AINSBERG AS A DIRECTOR	Management	For	For
1.3	ELECT MARC BECKER AS A DIRECTOR	Management	For	For
1.4	ELECT JESSICA BIBLIOWICZ AS A DIRECTOR	Management	For	For
1.5	ELECT JOHN ELLIOTT AS A DIRECTOR	Management	For	For
1.6	ELECT SHARI LOESSBERG AS A DIRECTOR	Management	For	For
1.7	ELECT MARC ROWAN AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005.	Management	For	For

ISSUER NAME: NORTHERN TRUST CORPORATION MEETING DATE: 04/19/2005
TICKER: NTRS     SECURITY ID: 665859104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT DUANE L. BURNHAM AS A DIRECTOR	Management	For	For
1.2	ELECT SUSAN CROWN AS A DIRECTOR	Management	For	For
1.3	ELECT ROBERT A. HELMAN AS A DIRECTOR	Management	For	For
1.4	ELECT DIPAK C. JAIN AS A DIRECTOR	Management	For	For
1.5	ELECT ARTHUR L. KELLY AS A DIRECTOR	Management	For	For
1.6	ELECT ROBERT C. MCCORMACK AS A DIRECTOR	Management	For	For
1.7	ELECT EDWARD J. MOONEY AS A DIRECTOR	Management	For	For
1.8	ELECT WILLIAM A. OSBORN AS A DIRECTOR	Management	For	For
1.9	ELECT JOHN W. ROWE AS A DIRECTOR	Management	For	For
1.10	ELECT HAROLD B. SMITH AS A DIRECTOR	Management	For	For
1.11	ELECT WILLIAM D. SMITHBURG AS A DIRECTOR	Management	For	For
1.12	ELECT CHARLES A. TRIBBETT III AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS THE CORPORATION S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS.	Management	For	For

ISSUER NAME: OM HEX AB MEETING DATE: 08/31/2004
TICKER: --     SECURITY ID: W6124S101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED. SHOULD YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE AT ADP. THANK YOU1	N/A	N/A	N/A
2	OPENING OF THE GENERAL MEETING OF SHAREHOLDERS	Management	Unknown	Take No Action
3	ELECT A CHAIRMAN FOR THE MEETING	Management	Unknown	Take No Action
4	APPROVE THE VOTING REGISTER	Management	Unknown	Take No Action
5	APPROVE TO ADOPT THE AGENDA FOR THE MEETING	Management	Unknown	Take No Action
6	ELECT 1 OR 2 PERSONS TO ATTEST THE MINUTES OF THE MEETING	Management	Unknown	Take No Action
7	APPROVE TO DETERMINE WHETHER THE MEETING WAS DULY CONVENED	Management	Unknown	Take No Action
8	AMEND THE WORDING OF ARTICLE 1 OF THE COMPANY S ARTICLES OF ASSOCIATION	Management	Unknown	Take No Action
9	CLOSING OF THE MEETING	Management	Unknown	Take No Action
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: OMX AB MEETING DATE: 02/03/2005
TICKER: --     SECURITY ID: W6124S101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	IMPORTANT MARKET PROCESSING REQUIREMENT: A BENEFICIAL OWNER SIGNED POWER OF ATTORNEY (POA) IS REQUIRED IN ORDER TO LODGE AND EXECUTE YOUR VOTING INSTRUCTIONS IN THIS MARKET. ABSENCE OF A POA, MAY CAUSE YOUR INSTRUCTIONS TO BE REJECTED. SHOULD YOU HAVE ANY QUESTIONS, PLEASE CONTACT YOUR CLIENT SERVICE REPRESENTATIVE AT ADP. THANK YOU1	N/A	N/A	N/A
2	MARKET RULES REQUIRE ADP TO DISCLOSE BENEFICIAL OWNER INFORMATION FOR ALL VOTED ACCOUNTS. IF AN ACCOUNT HAS MULTIPLE BENEFICIAL OWNERS, YOU WILL NEED TO PROVIDE THE BREAKDOWN OF EACH BENEFICIAL OWNER NAME, ADDRESS AND SHARE POSITION TO YOUR ADP CLIENT SERVICE REPRESENTATIVE. THIS INFORMATION IS REQUIRED IN ORDER FOR ADP TO LODGE YOUR VOTE	N/A	N/A	N/A
3	OPENING	Management	Unknown	Take No Action
4	ELECT THE CHAIRMAN FOR THE MEETING	Management	Unknown	Take No Action
5	APPROVE THE VOTING REGISTER	Management	Unknown	Take No Action
6	APPROVE THE AGENDA	Management	Unknown	Take No Action
7	ELECT 1 OR 2 PERSONS TO VERIFY THE MINUTES	Management	Unknown	Take No Action
8	APPROVE TO DETERMINE WHETHER THE MEETING WAS DULY CONVENED	Management	Unknown	Take No Action
9	AUTHORIZE THE BOARD IN 1 OR SEVERAL OCCASIONS TO INCREASE THE COMPANY S SHARECAPITAL BY NO MORE THEN SEK 14,014,694 BY WAY OF A NEW ISSUE OF NO MORE THAN A TOTAL OF 7,007,347 SHARES EACH WITH A NOMINAL VALUE OF SEK 2 AND THE ISSUE SHALL BE A NON-CASH ISSUE IN RESPECT OF THE PUBLIC OFFER BY OMX TO THE SHAREHOLDERS OF COPENHAGEN STOCK EXCHANGES A/S, WHEREBY THE RIGHT TO SUBSCRIBE FOR THE NEW SHARES SHALL ONLY BE GRANTED TO HOLDERS OF SHARES IN COPENHAGEN STOCK EXCHANGE WITH THE RIGHT AND OBLIGATIO...	Management	Unknown	Take No Action
10	APPROVE TO REDUCE THE SHARE PREMIUM RESERVE BE MADE BY AN AMOUNT EQUIVALENT TO THE AMOUNT ADDED TO THE SHARE CAPITAL AND SHARE PREMIUM RESERVE THROUGH AN ISSUE OF NEW SHARES ACCORDING TO RESOLUTION 7 AND THE AMOUNT BY WHICH THE SHARE PREMIUM RESERVE SHALL BE REDUCED SHALL BE TRANSFERRED TO OMX S PROFIT BROUGHT FORWARD IN ORDER TO INCREASE THE POSSIBILITY HENCEFORTH OF DISTRIBUTING A DIVIDEND TO THE COMPANY S SHAREHOLDERS AND IN ACCORDANCE WITH THE PROPOSAL SHALL ONLY APPLY SUBJECT TO A RESOLUTIO...	Management	Unknown	Take No Action
11	APPROVE THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS BE 7	Management	Unknown	Take No Action
12	ELECT MESSRS. ADINE GRATE AXEN, URBAN BACKSTROM, BENGT HALSE, BIRGITTA KLASEN, TARMO KORPELA, MARKKU POHJOLA AND OLOF STENHAMMAR AS THE MEMBERS OF THE BOARD OF DIRECTORS	Management	Unknown	Take No Action
13	APPROVE THE REMUNERATION TO BE PAID TO THE NEWLY ELECTED MEMBERS OF THE BOARDOF DIRECTORS AND TO THE RESIGNED BOARD MEMBERS AS FOLLOWS: EACH NEWLY ELECTED MEMBER OF THE BOARD SHALL RECEIVE SEK 200,000, REDUCED BY AN AMOUNT MEASURED AGAINST THE PERIOD CALCULATED FROM THE BOARD S ORDINARY VOTE IN 2004 DURING WHICH THE PERSON WAS NOT A MEMBER OF THE BOARD AND TO RESIGNED MEMBERS OF THE BOARD SHALL RECEIVE SEK 200,000 REDUCED BY AN AMOUNT MEASURED AGAINST THE PERIOD UP UNTIL THE ORDINARY SHAREHOLDER...	Management	Unknown	Take No Action
14	AMEND SECTIONS 6, 10 AND 11 IN THE COMPANY S ARTICLES OF ASSOCIATION	Management	Unknown	Take No Action
15	CLOSING	Management	Unknown	Take No Action
16	PLEASE NOTE THAT ABSTAIN IS NOT A VALID VOTE OPTION IN SWEDEN. THANK YOU	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.

ISSUER NAME: RAYMOND JAMES FINANCIAL, INC. MEETING DATE: 02/17/2005
TICKER: RJF     SECURITY ID: 754730109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT ANGELA M. BIEVER AS A DIRECTOR	Management	For	For
1.2	ELECT JONATHAN A. BULKLEY AS A DIRECTOR	Management	For	For
1.3	ELECT FRANCIS S. GODBOLD AS A DIRECTOR	Management	For	For
1.4	ELECT H WILLIAM HABERMEYER JR AS A DIRECTOR	Management	For	For
1.5	ELECT CHET HELCK AS A DIRECTOR	Management	For	For
1.6	ELECT THOMAS A. JAMES AS A DIRECTOR	Management	For	For
1.7	ELECT PAUL W. MARSHALL AS A DIRECTOR	Management	For	For
1.8	ELECT KENNETH A. SHIELDS AS A DIRECTOR	Management	For	For
1.9	ELECT HARDWICK SIMMONS AS A DIRECTOR	Management	For	For
1.10	ELECT ADELAIDE SINK AS A DIRECTOR	Management	For	For
2	TO APPROVE THE SENIOR MANAGEMENT INCENTIVE PLAN FOR THE COMPANY S EXECUTIVE OFFICERS.	Management	For	For
3	TO RATIFY THE APPOINTMENT BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF KPMG LLP AS THE COMPANY S INDEPENDENT AUDITORS.	Management	For	For
4	TO APPROVE AMENDMENT OF THE COMPANY S ARTICLES OF INCORPORATION TO INCREASE THE AUTHORIZED SHARES OF COMMON STOCK TO 180 MILLION SHARES, $.01 PAR VALUE.	Management	For	For
5	TO APPROVE THE 2005 RESTRICTED STOCK PLAN.	Management	For	Against

ISSUER NAME: SCOTTISH RE GROUP LIMITED MEETING DATE: 04/07/2005
TICKER: SCT     SECURITY ID: G7885T104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	AMENDMENTS TO THE COMPANY S ARTICLES OF ASSOCIATION.	Management	For	For
2	ISSUANCE OF ORDINARY SHARES UPON CONVERSION OF CERTAIN NOTES WHICH WERE ISSUED TO THE CYPRESS ENTITIES ON DECEMBER 31, 2004 (OR UPON EXERCISE OF CERTAIN WARRANTS FOR WHICH THE NOTES ARE EXCHANGEABLE PURSUANT TO THEIR TERMS, AS APPLICABLE).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: SEI INVESTMENTS COMPANY MEETING DATE: 05/25/2005
TICKER: SEIC     SECURITY ID: 784117103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT SARAH W. BLUMENSTEIN AS A DIRECTOR	Management	For	For
1.2	ELECT KATHRYN M. MCCARTHY AS A DIRECTOR	Management	For	For
1.3	ELECT HENRY H. PORTER, JR. AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS SEI INVESTMENTS COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR 2005.	Management	For	For

ISSUER NAME: STATE STREET CORPORATION MEETING DATE: 04/20/2005
TICKER: STT     SECURITY ID: 857477103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT T. ALBRIGHT AS A DIRECTOR	Management	For	For
1.2	ELECT K. BURNES AS A DIRECTOR	Management	For	For
1.3	ELECT T. CASNER AS A DIRECTOR	Management	For	For
1.4	ELECT N. DAREHSHORI AS A DIRECTOR	Management	For	For
1.5	ELECT A. GOLDSTEIN AS A DIRECTOR	Management	For	For
1.6	ELECT D. GRUBER AS A DIRECTOR	Management	For	For
1.7	ELECT L. HILL AS A DIRECTOR	Management	For	For
1.8	ELECT C. LAMANTIA AS A DIRECTOR	Management	For	For
1.9	ELECT R. LOGUE AS A DIRECTOR	Management	For	For
1.10	ELECT R. SERGEL AS A DIRECTOR	Management	For	For
1.11	ELECT R. SKATES AS A DIRECTOR	Management	For	For
1.12	ELECT G. SUMME AS A DIRECTOR	Management	For	For
1.13	ELECT D. WALSH AS A DIRECTOR	Management	For	For
1.14	ELECT R. WEISSMAN AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 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: T. ROWE PRICE GROUP, INC. MEETING DATE: 04/26/2005
TICKER: TROW     SECURITY ID: 74144T108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT EDWARD C. BERNARD AS A DIRECTOR	Management	For	For
1.2	ELECT JAMES T. BRADY AS A DIRECTOR	Management	For	For
1.3	ELECT J. ALFRED BROADDUS, JR. AS A DIRECTOR	Management	For	For
1.4	ELECT DONALD B. HEBB, JR. AS A DIRECTOR	Management	For	For
1.5	ELECT JAMES A.C. KENNEDY AS A DIRECTOR	Management	For	For
1.6	ELECT JAMES S. RIEPE AS A DIRECTOR	Management	For	For
1.7	ELECT GEORGE A. ROCHE AS A DIRECTOR	Management	For	For
1.8	ELECT BRIAN C. ROGERS AS A DIRECTOR	Management	For	For
1.9	ELECT DR. ALFRED SOMMER AS A DIRECTOR	Management	For	For
1.10	ELECT DWIGHT S. TAYLOR AS A DIRECTOR	Management	For	For
1.11	ELECT ANNE MARIE WHITTEMORE AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS PRICE GROUP S INDEPENDENT ACCOUNTANT FOR FISCAL YEAR 2005.	Management	For	For
3	IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AND FURTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENTS AND POSTPONEMENTS THEREOF.	Management	For	Abstain

ISSUER NAME: THE BEAR STEARNS COMPANIES INC. MEETING DATE: 04/07/2005
TICKER: BSC     SECURITY ID: 073902108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JAMES E. CAYNE AS A DIRECTOR	Management	For	For
1.2	ELECT HENRY S. BIENEN AS A DIRECTOR	Management	For	For
1.3	ELECT CARL D. GLICKMAN AS A DIRECTOR	Management	For	For
1.4	ELECT ALAN C. GREENBERG AS A DIRECTOR	Management	For	For
1.5	ELECT DONALD J. HARRINGTON AS A DIRECTOR	Management	For	For
1.6	ELECT FRANK T. NICKELL AS A DIRECTOR	Management	For	For
1.7	ELECT PAUL A. NOVELLY AS A DIRECTOR	Management	For	For
1.8	ELECT FREDERIC V. SALERNO AS A DIRECTOR	Management	For	For
1.9	ELECT ALAN D. SCHWARTZ AS A DIRECTOR	Management	For	For
1.10	ELECT WARREN J. SPECTOR AS A DIRECTOR	Management	For	For
1.11	ELECT VINCENT TESE AS A DIRECTOR	Management	For	For
1.12	ELECT WESLEY S. WILLIAMS JR. AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENTS TO THE PERFORMANCE COMPENSATION PLAN.	Management	For	For
3	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING NOVEMBER 30, 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 CHARLES SCHWAB CORPORATION MEETING DATE: 05/19/2005
TICKER: SCH     SECURITY ID: 808513105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT FRANK C. HERRINGER AS A DIRECTOR	Management	For	For
1.2	ELECT STEPHEN T. MCLIN AS A DIRECTOR	Management	For	For
1.3	ELECT CHARLES R. SCHWAB AS A DIRECTOR	Management	For	For
1.4	ELECT ROGER O. WALTHER AS A DIRECTOR	Management	For	For
1.5	ELECT ROBERT N. WILSON AS A DIRECTOR	Management	For	For
2	APPROVAL OF AN AMENDMENT TO THE 2004 STOCK INCENTIVE PLAN REGARDING GRANTS TO NON-EMPLOYEE DIRECTORS.	Management	For	Against
3	APPROVAL OF AN AMENDMENT TO THE CORPORATE EXECUTIVE BONUS PLAN REGARDING PERFORMANCE MEASURES.	Management	For	For
4	STOCKHOLDER PROPOSAL REGARDING TERMS OF DIRECTORS	Shareholder	Against	For

ISSUER NAME: THE GOLDMAN SACHS GROUP, INC. MEETING DATE: 04/06/2005
TICKER: GS     SECURITY ID: 38141G104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT JOHN H. BRYAN AS A DIRECTOR	Management	For	For
1.2	ELECT STEPHEN FRIEDMAN AS A DIRECTOR	Management	For	For
1.3	ELECT WILLIAM W. GEORGE AS A DIRECTOR	Management	For	For
1.4	ELECT HENRY M. PAULSON, JR. AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENTS TO OUR AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO PROVIDE FOR THE ANNUAL ELECTION OF ALL OF OUR DIRECTORS.	Management	For	For
3	RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT AUDITORS FOR OUR 2005 FISCAL YEAR.	Management	For	For

ISSUER NAME: TRADESTATION GROUP, INC. MEETING DATE: 07/21/2004
TICKER: TRAD     SECURITY ID: 89267P105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1.1	ELECT RALPH L. CRUZ AS A DIRECTOR	Management	For	For
1.2	ELECT WILLIAM R. CRUZ AS A DIRECTOR	Management	For	For
1.3	ELECT MICHAEL W. FIPPS AS A DIRECTOR	Management	For	For
1.4	ELECT STEPHEN C. RICHARDS AS A DIRECTOR	Management	For	For
1.5	ELECT SALOMON SREDNI AS A DIRECTOR	Management	For	For
1.6	ELECT CHARLES F. WRIGHT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE SELECTION OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT PUBLIC ACCOUNTANTS FOR THE YEAR ENDING DECEMBER 31, 2004.1	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: UBS AG MEETING DATE: 04/21/2005
TICKER: UBS     SECURITY ID: H8920M855
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ANNUAL REPORT, GROUP AND PARENT COMPANY ACCOUNTS FOR 2004. REPORTS OF THE GROUP AND STATUTORY AUDITORS	Management	For	None
2	APPROPRIATION OF RETAINED EARNINGS. DIVIDEND FOR FINANCIAL YEAR 2004	Management	For	None
3	DISCHARGE OF THE MEMBERS OF THE BOARD OF DIRECTORS AND THE GROUP EXECUTIVE BOARD	Management	For	None
4	RE-ELECTION OF BOARD MEMBER: MARCEL OSPEL	Management	For	None
5	RE-ELECTION OF BOARD MEMBER: LAWRENCE A. WEINBACH	Management	For	None
6	ELECTION OF NEW BOARD MEMBER: MARCO SUTER	Management	For	None
7	ELECTION OF NEW BOARD MEMBER: PETER R. VOSER	Management	For	None
8	RE-ELECTION OF GROUP AND STATUTORY AUDITORS: ERNST & YOUNG LTD., BASEL1	Management	For	None
9	CANCELLATION OF SHARES REPURCHASED UNDER THE 2004/2005 SHARE BUYBACK PROGRAM AND RESPECTIVE AMENDMENT OF ARTICLE 4 OF THE ARTICLES OF ASSOCIATION	Management	For	None
10	APPROVAL OF A NEW 2005/2006 SHARE BUYBACK PROGRAM	Management	For	None
11	IN CASE OF AD-HOC SHAREHOLDERS MOTIONS DURING THE ANNUAL GENERAL MEETING, I/WE AUTHORIZE MY/OUR PROXY TO VOTE IN ACCORDANCE WITH THE BOARD OF DIRECTORS	Management	Unknown	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.