FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

INVESTMENT COMPANY ACT FILE NUMBER: 811-01352

EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Devonshire Trust

Fund Name: Fidelity Utilities Fund

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: JANUARY 31

DATE OF REPORTING PERIOD: 06/30/2007

SIGNATURES

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

Fidelity Devonshire Trust

BY:  /s/ KIMBERLEY MONASTERIO*
KIMBERLEY MONASTERIO, TREASURER
DATE: 08/13/2007 02:42:56 PM

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

VOTE SUMMARY REPORT
Fidelity Utilities Fund
07/01/2006- 06/30/2007

Note: The Security ID will be the CUSIP (Committee on Uniform Securities Identification Procedures) when available. When CUSIP is not available, an alternate identifier, e.g., CINS, will be provided.

ISSUER NAME: ALLEGHENY ENERGY, INC. MEETING DATE: 05/17/2007
TICKER: AYE     SECURITY ID: 017361106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT H. FURLONG BALDWIN AS A DIRECTOR	Management	For	For
1. 2	ELECT ELEANOR BAUM AS A DIRECTOR	Management	For	For
1. 3	ELECT PAUL J. EVANSON AS A DIRECTOR	Management	For	For
1. 4	ELECT CYRUS F. FREIDHEIM, JR. AS A DIRECTOR	Management	For	For
1. 5	ELECT JULIA L. JOHNSON AS A DIRECTOR	Management	For	For
1. 6	ELECT TED J. KLEISNER AS A DIRECTOR	Management	For	For
1. 7	ELECT STEVEN H. RICE AS A DIRECTOR	Management	For	For
1. 8	ELECT GUNNAR E. SARSTEN AS A DIRECTOR	Management	For	For
1. 9	ELECT MICHAEL H. SUTTON AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
3	STOCKHOLDER PROPOSAL TO RECOUP UNEARNED MANAGEMENT BONUSES.	Shareholder	Against	For
4	STOCKHOLDER PROPOSAL TO SEPARATE THE ROLES OF CEO AND CHAIRMAN.	Shareholder	Against	Against
5	STOCKHOLDER PROPOSAL REQUESTING A DIRECTOR ELECTION MAJORITY VOTE STANDARD.	Shareholder	Against	Against
6	STOCKHOLDER PROPOSAL REGARDING SPECIAL SHAREHOLDER MEETINGS.	Shareholder	Against	For
7	STOCKHOLDER PROPOSAL REGARDING PERFORMANCE BASED STOCK OPTIONS.	Shareholder	Against	Against
8	STOCKHOLDER PROPOSAL REQUESTING A REPORT ON UTILIZING THE NIETC.	Shareholder	Against	Abstain
9	STOCKHOLDER PROPOSAL REQUESTING A REPORT ON CLIMATE CHANGE.	Shareholder	Against	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALLIANT ENERGY CORPORATION MEETING DATE: 05/10/2007
TICKER: LNT     SECURITY ID: 018802108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES A. LEACH* AS A DIRECTOR	Management	For	For
1. 2	ELECT MICHAEL L. BENNETT** AS A DIRECTOR	Management	For	For
1. 3	ELECT DARRYL B. HAZEL** AS A DIRECTOR	Management	For	For
1. 4	ELECT DAVID A. PERDUE** AS A DIRECTOR	Management	For	For
1. 5	ELECT JUDITH D. PYLE** AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALLTEL CORPORATION MEETING DATE: 05/15/2007
TICKER: AT     SECURITY ID: 020039103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT SCOTT T. FORD AS A DIRECTOR	Management	For	For
1. 2	ELECT L.L GELLERSTEDT, III AS A DIRECTOR	Management	For	For
1. 3	ELECT EMON A. MAHONY, JR. AS A DIRECTOR	Management	For	For
1. 4	ELECT RONALD TOWNSEND AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AMERICAN ELECTRIC POWER COMPANY, INC MEETING DATE: 04/24/2007
TICKER: AEP     SECURITY ID: 025537101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT E.R. BROOKS AS A DIRECTOR	Management	For	For
1. 2	ELECT D.M. CARLTON AS A DIRECTOR	Management	For	For
1. 3	ELECT R.D. CROSBY, JR. AS A DIRECTOR	Management	For	For
1. 4	ELECT J.P. DESBARRES AS A DIRECTOR	Management	For	For
1. 5	ELECT R.W. FRI AS A DIRECTOR	Management	For	For
1. 6	ELECT L.A. GOODSPEED AS A DIRECTOR	Management	For	For
1. 7	ELECT W.R. HOWELL AS A DIRECTOR	Management	For	For
1. 8	ELECT L.A. HUDSON, JR. AS A DIRECTOR	Management	For	For
1. 9	ELECT M.G. MORRIS AS A DIRECTOR	Management	For	For
1. 10	ELECT L.L. NOWELL III AS A DIRECTOR	Management	For	For
1. 11	ELECT R.L. SANDOR AS A DIRECTOR	Management	For	For
1. 12	ELECT D.G. SMITH AS A DIRECTOR	Management	For	For
1. 13	ELECT K.D. SULLIVAN AS A DIRECTOR	Management	For	For
2	APPROVAL OF AEP SENIOR OFFICER INCENTIVE PLAN.	Management	For	For
3	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AT&T INC. MEETING DATE: 07/21/2006
TICKER: T     SECURITY ID: 00206R102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE ISSUANCE OF AT&T COMMON SHARES REQUIRED TO BE ISSUED PURSUANT TO THE MERGER AGREEMENT, DATED AS OF MARCH 4, 2006, BY AND AMONG BELLSOUTH CORPORATION, AT&T INC. AND ABC CONSOLIDATION CORP., AS IT MAY BE AMENDED.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AT&T INC. MEETING DATE: 04/27/2007
TICKER: T     SECURITY ID: 00206R102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: WILLIAM F. ALDINGER III	Management	For	For
2	ELECTION OF DIRECTOR: GILBERT F. AMELIO	Management	For	For
3	ELECTION OF DIRECTOR: REUBEN V. ANDERSON	Management	For	For
4	ELECTION OF DIRECTOR: JAMES H. BLANCHARD	Management	For	For
5	ELECTION OF DIRECTOR: AUGUST A. BUSCH III	Management	For	For
6	ELECTION OF DIRECTOR: JAMES P. KELLY	Management	For	For
7	ELECTION OF DIRECTOR: CHARLES F. KNIGHT	Management	For	For
8	ELECTION OF DIRECTOR: JON C. MADONNA	Management	For	For
9	ELECTION OF DIRECTOR: LYNN M. MARTIN	Management	For	For
10	ELECTION OF DIRECTOR: JOHN B. MCCOY	Management	For	For
11	ELECTION OF DIRECTOR: MARY S. METZ	Management	For	For
12	ELECTION OF DIRECTOR: TONI REMBE	Management	For	For
13	ELECTION OF DIRECTOR: JOYCE M. ROCHE	Management	For	For
14	ELECTION OF DIRECTOR: RANDALL L. STEPHENSON	Management	For	For
15	ELECTION OF DIRECTOR: LAURA D ANDREA TYSON	Management	For	For
16	ELECTION OF DIRECTOR: PATRICIA P. UPTON	Management	For	For
17	ELECTION OF DIRECTOR: EDWARD E. WHITACRE, JR.	Management	For	For
18	RATIFY APPOINTMENT OF INDEPENDENT AUDITORS	Management	For	For
19	APPROVE THE AT&T SEVERANCE POLICY	Management	For	Against
20	STOCKHOLDER PROPOSAL A	Shareholder	Against	Abstain
21	STOCKHOLDER PROPOSAL B	Shareholder	Against	For
22	STOCKHOLDER PROPOSAL C	Shareholder	Against	Against
23	STOCKHOLDER PROPOSAL D	Shareholder	Against	Abstain
24	STOCKHOLDER PROPOSAL E	Shareholder	Against	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: BELLSOUTH CORPORATION MEETING DATE: 07/21/2006
TICKER: BLS     SECURITY ID: 079860102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE THE AGREEMENT AND PLAN OF MERGER, DATED AS OF MARCH 4, 2006, AS AMENDED, AMONG BELLSOUTH, AT&T INC. AND A WHOLLY-OWNED SUBSIDIARY OF AT&T INC.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CABLEVISION SYSTEMS CORPORATION MEETING DATE: 06/14/2007
TICKER: CVC     SECURITY ID: 12686C109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT GROVER C. BROWN AS A DIRECTOR	Management	For	For
1. 2	ELECT ZACHARY W. CARTER AS A DIRECTOR	Management	For	For
1. 3	ELECT CHARLES D. FERRIS AS A DIRECTOR	Management	For	For
1. 4	ELECT RICHARD H. HOCHMAN AS A DIRECTOR	Management	For	For
1. 5	ELECT VICTOR ORISTANO AS A DIRECTOR	Management	For	For
1. 6	ELECT THOMAS V. REIFENHEISER AS A DIRECTOR	Management	For	For
1. 7	ELECT JOHN R. RYAN AS A DIRECTOR	Management	For	For
1. 8	ELECT VINCENT TESE AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR FISCAL YEAR 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CAMECO CORPORATION MEETING DATE: 05/16/2007
TICKER: CCJ     SECURITY ID: 13321L108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN S. AUSTON AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN H. CLAPPISON AS A DIRECTOR	Management	For	For
1. 3	ELECT JOE F. COLVIN AS A DIRECTOR	Management	For	For
1. 4	ELECT HARRY D. COOK AS A DIRECTOR	Management	For	For
1. 5	ELECT JAMES R. CURTISS AS A DIRECTOR	Management	For	For
1. 6	ELECT GEORGE S. DEMBROSKI AS A DIRECTOR	Management	For	For
1. 7	ELECT GERALD W. GRANDEY AS A DIRECTOR	Management	For	For
1. 8	ELECT NANCY E. HOPKINS AS A DIRECTOR	Management	For	For
1. 9	ELECT OYVIND HUSHOVD AS A DIRECTOR	Management	For	For
1. 10	ELECT J.W. GEORGE IVANY AS A DIRECTOR	Management	For	For
1. 11	ELECT A. ANNE MCLELLAN AS A DIRECTOR	Management	For	For
1. 12	ELECT A. NEIL MCMILLAN AS A DIRECTOR	Management	For	For
1. 13	ELECT ROBERT W. PETERSON AS A DIRECTOR	Management	For	For
1. 14	ELECT VICTOR J. ZALESCHUK AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF KPMG LLP AS AUDITORS.	Management	For	For
3	A RESOLUTION AMENDING CAMECO S STOCK OPTION PLAN, AS DESCRIBED IN THE ACCOMPANYING MANAGEMENT PROXY CIRCULAR.	Management	For	For
4	THE UNDERSIGNED HEREBY DECLARES THAT ALL SHARES REPRESENTED HEREBY ARE HELD, BENEFICIALLY OWNED OR CONTROLLED BY ONE OR MORE RESIDENTS (PLEASE MARK THE FOR BOX) OR ONE OR MORE NON-RESIDENTS (PLEASE MARK THE ABSTAIN BOX).	Management	Unknown	Abstain
5	IF THE UNDERSIGNED IS A RESIDENT PLEASE MARK THE FOR BOX, IF THE UNDERSIGNED IS A NON-RESIDENT PLEASE MARK THE ABSTAIN BOX.	Management	Unknown	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CENTERPOINT ENERGY, INC. MEETING DATE: 05/24/2007
TICKER: CNP     SECURITY ID: 15189T107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MICHAEL E. SHANNON* AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT DONALD R. CAMPBELL** AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT MILTON CARROLL** AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT PETER S. WAREING** AS A DIRECTOR	Management	For	Withhold
2	RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR 2007.	Management	For	For
3	SHAREHOLDER PROPOSAL RELATING TO ELECTING ALL DIRECTORS ANNUALLY AND ELIMINATING DIRECTOR CLASSES WITH STAGGERED TERMS.	Shareholder	Against	For
4	WITHHOLD GRANTING OF AUTHORITY TO VOTE ON ALL OTHER MATTERS THAT MAY PROPERLY COME BEFORE THE ANNUAL MEETING.	Management	Unknown	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CINCINNATI BELL INC. MEETING DATE: 05/03/2007
TICKER: CBB     SECURITY ID: 171871106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT PHILLIP R. COX AS A DIRECTOR	Management	For	For
1. 2	ELECT MICHAEL G. MORRIS AS A DIRECTOR	Management	For	For
1. 3	ELECT JOHN M. ZRNO AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM TO AUDIT THE FINANCIAL STATEMENTS OF THE COMPANY FOR THE YEAR 2007.	Management	For	For
3	THE APPROVAL OF THE CINCINNATI BELL INC. 2007 LONG TERM INCENTIVE PLAN.	Management	For	Against
4	THE APPROVAL OF THE CINCINNATI BELL INC. 2007 STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CMS ENERGY CORPORATION MEETING DATE: 05/18/2007
TICKER: CMS     SECURITY ID: 125896100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MERRIBEL S. AYRES AS A DIRECTOR	Management	For	For
1. 2	ELECT JON E. BARFIELD AS A DIRECTOR	Management	For	For
1. 3	ELECT RICHARD M. GABRYS AS A DIRECTOR	Management	For	For
1. 4	ELECT DAVID W. JOOS AS A DIRECTOR	Management	For	For
1. 5	ELECT PHILIP R. LOCHNER, JR. AS A DIRECTOR	Management	For	For
1. 6	ELECT MICHAEL T. MONAHAN AS A DIRECTOR	Management	For	For
1. 7	ELECT JOSEPH F. PAQUETTE, JR. AS A DIRECTOR	Management	For	For
1. 8	ELECT PERCY A. PIERRE AS A DIRECTOR	Management	For	For
1. 9	ELECT KENNETH L. WAY AS A DIRECTOR	Management	For	For
1. 10	ELECT KENNETH WHIPPLE AS A DIRECTOR	Management	For	For
1. 11	ELECT JOHN B. YASINSKY AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: COMCAST CORPORATION MEETING DATE: 05/23/2007
TICKER: CMCSA     SECURITY ID: 20030N101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT S. DECKER ANSTROM AS A DIRECTOR	Management	For	For
1. 2	ELECT KENNETH J. BACON AS A DIRECTOR	Management	For	For
1. 3	ELECT SHELDON M. BONOVITZ AS A DIRECTOR	Management	For	For
1. 4	ELECT EDWARD D. BREEN AS A DIRECTOR	Management	For	For
1. 5	ELECT JULIAN A. BRODSKY AS A DIRECTOR	Management	For	For
1. 6	ELECT JOSEPH J. COLLINS AS A DIRECTOR	Management	For	For
1. 7	ELECT J. MICHAEL COOK AS A DIRECTOR	Management	For	For
1. 8	ELECT JEFFREY A. HONICKMAN AS A DIRECTOR	Management	For	For
1. 9	ELECT BRIAN L. ROBERTS AS A DIRECTOR	Management	For	For
1. 10	ELECT RALPH J. ROBERTS AS A DIRECTOR	Management	For	For
1. 11	ELECT DR. JUDITH RODIN AS A DIRECTOR	Management	For	For
1. 12	ELECT MICHAEL I. SOVERN AS A DIRECTOR	Management	For	For
2	INDEPENDENT AUDITORS	Management	For	For
3	PREVENT THE ISSUANCE OF NEW STOCK OPTIONS	Shareholder	Against	Against
4	REQUIRE THAT THE CHAIRMAN OF THE BOARD NOT BE AN EMPLOYEE	Shareholder	Against	Against
5	REQUIRE SUSTAINABILITY REPORT	Shareholder	Against	Abstain
6	ADOPT A RECAPITALIZATION PLAN	Shareholder	Against	For
7	REQUIRE ANNUAL VOTE ON EXECUTIVE COMPENSATION	Shareholder	Against	Abstain
8	REQUIRE PAY DIFFERENTIAL REPORT	Shareholder	Against	Against
9	REQUIRE DISCLOSURE OF POLITICAL CONTRIBUTIONS	Shareholder	Against	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CONSTELLATION ENERGY GROUP, INC. MEETING DATE: 12/08/2006
TICKER: CEG     SECURITY ID: 210371100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DOUGLAS L. BECKER AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT EDWARD A. CROOKE AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT MAYO A. SHATTUCK III AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT MICHAEL D. SULLIVAN AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2006.	Management	For	For
3	SHAREHOLDER PROPOSAL.	Shareholder	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: CONSTELLATION ENERGY GROUP, INC. MEETING DATE: 05/18/2007
TICKER: CEG     SECURITY ID: 210371100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	THE ELECTION OF YVES C. DE BALMANN FOR A TERM TO EXPIRE IN 2008.	Management	For	For
2	THE ELECTION OF DOUGLAS L. BECKER FOR A TERM TO EXPIRE IN 2008.	Management	For	For
3	THE ELECTION OF JAMES T. BRADY FOR A TERM TO EXPIRE IN 2008.	Management	For	For
4	THE ELECTION OF EDWARD A. CROOKE FOR A TERM TO EXPIRE IN 2008.	Management	For	For
5	THE ELECTION OF JAMES R. CURTISS FOR A TERM TO EXPIRE IN 2008.	Management	For	For
6	THE ELECTION OF FREEMAN A. HRABOWSKI, III FOR A TERM TO EXPIRE IN 2008.	Management	For	For
7	THE ELECTION OF NANCY LAMPTON FOR A TERM TO EXPIRE IN 2008.	Management	For	For
8	THE ELECTION OF ROBERT J. LAWLESS FOR A TERM TO EXPIRE IN 2008.	Management	For	For
9	THE ELECTION OF LYNN M. MARTIN FOR A TERM TO EXPIRE IN 2008.	Management	For	For
10	THE ELECTION OF MAYO A. SHATTUCK III FOR A TERM TO EXPIRE IN 2008.	Management	For	For
11	THE ELECTION OF MICHAEL D. SULLIVAN FOR A TERM TO EXPIRE IN 2008.	Management	For	For
12	RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
13	APPROVAL OF THE 2007 LONG-TERM INCENTIVE PLAN.	Management	For	Against
14	APPROVAL OF THE EXECUTIVE ANNUAL INCENTIVE PLAN.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DOBSON COMMUNICATIONS CORPORATION MEETING DATE: 06/04/2007
TICKER: DCEL     SECURITY ID: 256069105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT FRED J. HALL AS A DIRECTOR	Management	For	For
1. 2	ELECT STEVEN P. DUSSEK AS A DIRECTOR	Management	For	For
2	APPROVE THE 2007 PERFORMANCE BONUS PLAN FOR OFFICERS.	Management	For	For
3	RATIFY AND APPROVE THE SELECTION OF KPMG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR DOBSON COMMUNICATIONS CORPORATION FOR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DPL INC. MEETING DATE: 04/27/2007
TICKER: DPL     SECURITY ID: 233293109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT D. BIGGS AS A DIRECTOR	Management	For	For
1. 2	ELECT W AUGUST HILLENBRAND AS A DIRECTOR	Management	For	For
1. 3	ELECT NED J. SIFFERLEN AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE AMENDMENT TO THE REGULATIONS OF DPL INC. REGARDING MAJORITY VOTE ALTERNATIVE FOR THE ELECTION OF DIRECTORS.	Management	For	For
3	SHAREHOLDER PROPOSAL ON EXECUTIVE BONUSES.	Shareholder	Against	For
4	SHAREHOLDER PROPOSAL ON MAJORITY VOTE REINCORPORATION PROPOSAL.	Shareholder	Against	Against
5	RATIFICATION OF KPMG LLP AS INDEPENDENT AUDITORS.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DTE ENERGY COMPANY MEETING DATE: 05/03/2007
TICKER: DTE     SECURITY ID: 233331107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ANTHONY F. EARLEY, JR. AS A DIRECTOR	Management	For	For
1. 2	ELECT ALLAN D. GILMOUR AS A DIRECTOR	Management	For	For
1. 3	ELECT FRANK M. HENNESSEY AS A DIRECTOR	Management	For	For
1. 4	ELECT GAIL J. MCGOVERN AS A DIRECTOR	Management	For	For
1. 5	ELECT JAMES H. VANDENBERGHE AS A DIRECTOR	Management	For	For
2	INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM DELOITTE & TOUCHE LLP	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DUKE ENERGY CORPORATION MEETING DATE: 10/24/2006
TICKER: DUK     SECURITY ID: 26441C105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROGER AGNELLI AS A DIRECTOR	Management	For	For
1. 2	ELECT PAUL M. ANDERSON AS A DIRECTOR	Management	For	For
1. 3	ELECT WILLIAM BARNET, III AS A DIRECTOR	Management	For	For
1. 4	ELECT G. ALEX BERNHARDT, SR. AS A DIRECTOR	Management	For	For
1. 5	ELECT MICHAEL G. BROWNING AS A DIRECTOR	Management	For	For
1. 6	ELECT PHILLIP R. COX AS A DIRECTOR	Management	For	For
1. 7	ELECT WILLIAM T. ESREY AS A DIRECTOR	Management	For	For
1. 8	ELECT ANN MAYNARD GRAY AS A DIRECTOR	Management	For	For
1. 9	ELECT JAMES H. HANCE, JR. AS A DIRECTOR	Management	For	For
1. 10	ELECT DENNIS R. HENDRIX AS A DIRECTOR	Management	For	For
1. 11	ELECT MICHAEL E.J. PHELPS AS A DIRECTOR	Management	For	For
1. 12	ELECT JAMES T. RHODES AS A DIRECTOR	Management	For	For
1. 13	ELECT JAMES E. ROGERS AS A DIRECTOR	Management	For	For
1. 14	ELECT MARY L. SCHAPIRO AS A DIRECTOR	Management	For	For
1. 15	ELECT DUDLEY S. TAFT AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE DUKE ENERGY CORPORATION 2006 LONG-TERM INCENTIVE PLAN.	Management	For	Against
3	RATIFICATION OF DELOITTE & TOUCHE LLP AS DUKE ENERGY S INDEPENDENT PUBLIC ACCOUNTANT FOR 2006.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DUKE ENERGY CORPORATION MEETING DATE: 05/10/2007
TICKER: DUK     SECURITY ID: 26441C105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILLIAM BARNET, III AS A DIRECTOR	Management	For	For
1. 2	ELECT G. ALEX BERNHARDT, SR. AS A DIRECTOR	Management	For	For
1. 3	ELECT MICHAEL G. BROWNING AS A DIRECTOR	Management	For	For
1. 4	ELECT PHILLIP R. COX AS A DIRECTOR	Management	For	For
1. 5	ELECT ANN MAYNARD GRAY AS A DIRECTOR	Management	For	For
1. 6	ELECT JAMES H. HANCE, JR. AS A DIRECTOR	Management	For	For
1. 7	ELECT JAMES T. RHODES AS A DIRECTOR	Management	For	For
1. 8	ELECT JAMES E. ROGERS AS A DIRECTOR	Management	For	For
1. 9	ELECT MARY L. SCHAPIRO AS A DIRECTOR	Management	For	For
1. 10	ELECT DUDLEY S. TAFT AS A DIRECTOR	Management	For	For
2	RATIFICATION OF DELOITTE & TOUCHE LLP AS DUKE ENERGY S INDEPENDENT PUBLIC ACCOUNTANT FOR 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: EDISON INTERNATIONAL MEETING DATE: 04/26/2007
TICKER: EIX     SECURITY ID: 281020107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT J.E. BRYSON AS A DIRECTOR	Management	For	For
1. 2	ELECT V.C.L. CHANG AS A DIRECTOR	Management	For	For
1. 3	ELECT F.A. CORDOVA AS A DIRECTOR	Management	For	For
1. 4	ELECT C.B. CURTIS AS A DIRECTOR	Management	For	For
1. 5	ELECT B.M. FREEMAN AS A DIRECTOR	Management	For	For
1. 6	ELECT L.G. NOGALES AS A DIRECTOR	Management	For	For
1. 7	ELECT R.L. OLSON AS A DIRECTOR	Management	For	For
1. 8	ELECT J.M. ROSSER AS A DIRECTOR	Management	For	For
1. 9	ELECT R.T. SCHLOSBERG, III AS A DIRECTOR	Management	For	For
1. 10	ELECT R.H. SMITH AS A DIRECTOR	Management	For	For
1. 11	ELECT T.C. SUTTON AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF THE INDEPENDENT PUBLIC ACCOUNTING FIRM.	Management	For	For
3	MANAGEMENT PROPOSAL TO APPROVE THE EDISON INTERNATIONAL 2007 PERFORMANCE INCENTIVE PLAN.	Management	For	Against
4	SHAREHOLDER PROPOSAL REGARDING PERFORMANCE-BASED STOCK OPTIONS.	Shareholder	Against	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ENERGEN CORPORATION MEETING DATE: 04/25/2007
TICKER: EGN     SECURITY ID: 29265N108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEPHEN D. BAN AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT JULIAN W. BANTON AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT T. MICHAEL GOODRICH AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT WM. MICHAEL WARREN, JR. AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT JAMES T. MCMANUS, II AS A DIRECTOR	Management	For	Withhold
2	PROPOSAL TO APPROVE AMENDMENTS TO AND RATIFY ENERGEN CORPORATION S 1997 STOCK INCENTIVE PLAN	Management	For	For
3	PROPOSAL TO APPROVE ENERGEN CORPORATION S ANNUAL INCENTIVE COMPENSATION PLAN	Management	For	For
4	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
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ISSUER NAME: ENTERGY CORPORATION MEETING DATE: 05/04/2007
TICKER: ETR     SECURITY ID: 29364G103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: M.S. BATEMAN	Management	For	For
2	ELECTION OF DIRECTOR: W.F. BLOUNT	Management	For	For
3	ELECTION OF DIRECTOR: S.D. DEBREE	Management	For	For
4	ELECTION OF DIRECTOR: G.W. EDWARDS	Management	For	For
5	ELECTION OF DIRECTOR: A.M. HERMAN	Management	For	For
6	ELECTION OF DIRECTOR: D.C. HINTZ	Management	For	For
7	ELECTION OF DIRECTOR: J.W. LEONARD	Management	For	For
8	ELECTION OF DIRECTOR: S.L. LEVENICK	Management	For	For
9	ELECTION OF DIRECTOR: J.R. NICHOLS	Management	For	For
10	ELECTION OF DIRECTOR: W.A. PERCY, II	Management	For	For
11	ELECTION OF DIRECTOR: W.J. TAUZIN	Management	For	For
12	ELECTION OF DIRECTOR: S.V. WILKINSON	Management	For	For
13	RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR 2007.	Management	For	For
14	SHAREHOLDER PROPOSAL RELATING TO POLITICAL CONTRIBUTION POLICY.	Shareholder	Against	Abstain
15	SHAREHOLDER PROPOSAL RELATING TO LIMITATIONS ON MANAGEMENT COMPENSATION.	Shareholder	Against	Against
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ISSUER NAME: EXELON CORPORATION MEETING DATE: 05/08/2007
TICKER: EXC     SECURITY ID: 30161N101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: MR. N. DEBENEDICTIS	Management	For	For
2	ELECTION OF DIRECTOR: MS. SUE L. GIN	Management	For	For
3	ELECTION OF DIRECTOR: MR. W.C. RICHARDSON PHD	Management	For	For
4	ELECTION OF DIRECTOR: MR. THOMAS J. RIDGE	Management	For	Against
5	ELECTION OF DIRECTOR: MR. DON THOMPSON	Management	For	For
6	ELECTION OF DIRECTOR: MR. STEPHEN D. STEINOUR	Management	For	For
7	RATIFICATION OF INDEPENDENT ACCOUNTANT	Management	For	For
8	AMENDMENT TO ARTICLES OF INCORPORATION TO ALLOW FOR THE ANNUAL ELECTION OF ALL DIRECTORS BEGINNING IN 2008	Management	For	For
9	SHAREHOLDER PROPOSAL TO REQUIRE SHAREHOLDER APPROVAL OF FUTURE EXECUTIVE SEVERANCE BENEFITS	Shareholder	Against	For
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ISSUER NAME: FIRSTENERGY CORP. MEETING DATE: 05/15/2007
TICKER: FE     SECURITY ID: 337932107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT PAUL T. ADDISON AS A DIRECTOR	Management	For	For
1. 2	ELECT ANTHONY J. ALEXANDER AS A DIRECTOR	Management	For	For
1. 3	ELECT MICHAEL J. ANDERSON AS A DIRECTOR	Management	For	For
1. 4	ELECT DR. CAROL A. CARTWRIGHT AS A DIRECTOR	Management	For	For
1. 5	ELECT WILLIAM T. COTTLE AS A DIRECTOR	Management	For	For
1. 6	ELECT ROBERT B. HEISLER, JR. AS A DIRECTOR	Management	For	For
1. 7	ELECT ERNEST J. NOVAK, JR. AS A DIRECTOR	Management	For	For
1. 8	ELECT CATHERINE A. REIN AS A DIRECTOR	Management	For	For
1. 9	ELECT GEORGE M. SMART AS A DIRECTOR	Management	For	For
1. 10	ELECT WES M. TAYLOR AS A DIRECTOR	Management	For	For
1. 11	ELECT JESSE T. WILLIAMS, SR. AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
3	APPROVAL OF THE FIRSTENERGY CORP. 2007 INCENTIVE PLAN	Management	For	Against
4	SHAREHOLDER PROPOSAL	Shareholder	Against	Against
5	SHAREHOLDER PROPOSAL	Shareholder	Against	Against
6	SHAREHOLDER PROPOSAL	Shareholder	Against	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: FPL GROUP, INC. MEETING DATE: 12/15/2006
TICKER: FPL     SECURITY ID: 302571104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT SHERRY S. BARRAT AS A DIRECTOR	Management	For	For
1. 2	ELECT ROBERT M. BEALL, II AS A DIRECTOR	Management	For	For
1. 3	ELECT J. HYATT BROWN AS A DIRECTOR	Management	For	For
1. 4	ELECT JAMES L. CAMAREN AS A DIRECTOR	Management	For	For
1. 5	ELECT J. BRIAN FERGUSON AS A DIRECTOR	Management	For	For
1. 6	ELECT LEWIS HAY, III AS A DIRECTOR	Management	For	For
1. 7	ELECT RUDY E. SCHUPP AS A DIRECTOR	Management	For	For
1. 8	ELECT MICHAEL H. THAMAN AS A DIRECTOR	Management	For	For
1. 9	ELECT HANSEL E. TOOKES II AS A DIRECTOR	Management	For	For
1. 10	ELECT PAUL R. TREGURTHA AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR 2006.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: FPL GROUP, INC. MEETING DATE: 05/25/2007
TICKER: FPL     SECURITY ID: 302571104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT SHERRY S. BARRAT AS A DIRECTOR	Management	For	For
1. 2	ELECT ROBERT M. BEALL, II AS A DIRECTOR	Management	For	For
1. 3	ELECT J. HYATT BROWN AS A DIRECTOR	Management	For	For
1. 4	ELECT JAMES L. CAMAREN AS A DIRECTOR	Management	For	For
1. 5	ELECT J. BRIAN FERGUSON AS A DIRECTOR	Management	For	For
1. 6	ELECT LEWIS HAY, III AS A DIRECTOR	Management	For	For
1. 7	ELECT TONI JENNINGS AS A DIRECTOR	Management	For	For
1. 8	ELECT OLIVER D. KINGSLEY, JR. AS A DIRECTOR	Management	For	For
1. 9	ELECT RUDY E. SCHUPP AS A DIRECTOR	Management	For	For
1. 10	ELECT MICHAEL H. THAMAN AS A DIRECTOR	Management	For	For
1. 11	ELECT HANSEL E. TOOKES, II AS A DIRECTOR	Management	For	For
1. 12	ELECT PAUL R. TREGURTHA AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR 2007.	Management	For	For
3	APPROVAL OF THE 2007 NON-EMPLOYEE DIRECTORS STOCK PLAN.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: GREAT PLAINS ENERGY INCORPORATED MEETING DATE: 05/01/2007
TICKER: GXP     SECURITY ID: 391164100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT D.L. BODDE AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT M.J. CHESSER AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT W.H. DOWNEY AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT M.A. ERNST AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT R.C. FERGUSON, JR. AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT W.K. HALL AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT L.A. JIMENEZ AS A DIRECTOR	Management	For	Withhold
1. 8	ELECT J.A. MITCHELL AS A DIRECTOR	Management	For	Withhold
1. 9	ELECT W.C. NELSON AS A DIRECTOR	Management	For	Withhold
1. 10	ELECT L.H. TALBOTT AS A DIRECTOR	Management	For	Withhold
1. 11	ELECT R.H. WEST AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR 2007.	Management	For	For
3	APPROVE AMENDMENTS TO LONG-TERM INCENTIVE PLAN.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: INTEGRYS ENERGY GROUP INC MEETING DATE: 05/17/2007
TICKER: TEG     SECURITY ID: 45822P105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT P. SAN JUAN CAFFERTY AS A DIRECTOR	Management	For	For
1. 2	ELECT ELLEN CARNAHAN AS A DIRECTOR	Management	For	For
1. 3	ELECT MICHAEL E. LAVIN AS A DIRECTOR	Management	For	For
1. 4	ELECT WILLIAM F. PROTZ, JR. AS A DIRECTOR	Management	For	For
1. 5	ELECT LARRY L. WEYERS AS A DIRECTOR	Management	For	For
2	APPROVE THE INTEGRYS ENERGY GROUP 2007 OMNIBUS INCENTIVE COMPENSATION PLAN, WHICH AUTHORIZES 3.5 MILLION SHARES OF COMMON STOCK FOR FUTURE GRANTS.	Management	For	Against
3	APPROVE AN AMENDMENT TO THE INTEGRYS ENERGY GROUP DEFERRED COMPENSATION PLAN THAT AUTHORIZES THE ISSUANCE OF AN ADDITIONAL 0.7 MILLION SHARES OF COMMON STOCK UNDER THE PLAN.	Management	For	For
4	RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR INTEGRYS ENERGY GROUP AND ITS SUBSIDIARIES FOR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: INTERNATIONAL POWER PLC MEETING DATE: 05/15/2007
TICKER: --     SECURITY ID: G4890M109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE THE ACCOUNTS FOR THE FYE 31 DEC 2006 AND THE REPORT OF THE DIRECTORS;THE DIRECTORS REMUNERATION REPORT AND THE REPORT OF THE AUDITORS ON THE AUDITABLE PART OF THE DIRECTORS REMUNERATION REPORT	Management	For	For
2	RE-APPOINT SIR. NEVILLE SIMMS AS A DIRECTOR	Management	For	For
3	RE-APPOINT MR. TONY CONCANNON AS A DIRECTOR	Management	For	For
4	RE-APPOINT MR. STEVE RILEY AS A DIRECTOR	Management	For	For
5	RE-APPOINT MR. JOHN ROBERTS AS A DIRECTOR	Management	For	For
6	APPROVE TO DECLARE A FINAL DIVIDEND OF 7.9P PER ORDINARY SHARE IN RESPECT OF THE FYE 31 DEC 2006	Management	For	For
7	RE-APPOINT KPMG AUDIT PLC AS THE AUDITORS OF THE COMPANY TO HOLD OFFICE FROM THE CONCLUSION OF THE AGM TO THE CONCLUSION OF THE NEXT AGM AT WHICH ACCOUNTS ARE LAID BEFORE THE COMPANY AND AUTHORIZE THE DIRECTORS TO SET THEIR REMUNERATION	Management	For	For
8	APPROVE THE DIRECTORS REMUNERATION REPORT FOR THE FYE 31 DEC 2006	Management	For	For
9	AUTHORIZE THE DIRECTORS, PURSUANT TO AND IN ACCORDANCE WITH SECTION 80 OF THECOMPANIES ACT 1985 BTHE ACTC, TO ALLOT RELEVANT SECURITIES BSECTION 80(2) OF THE ACTC UP TO AN AGGREGATE NOMINAL AMOUNT OF GBP 248,730,120C; BAUTHORITY EXPIRES THE EARLIER OF THE CONCLUSION OF THE AGM OF THE COMPANY HELD IN 2008 OR 15 AUG 2008C; AND THE DIRECTORS MAY MAKE ALLOTMENTS DURING THE RELEVANT PERIOD WHICH MAY BE EXERCISED AFTER THE RELEVANT PERIOD	Management	For	For
10	AUTHORIZE THE DIRECTORS, SUBJECT TO THE PASSING OF RESOLUTION 9 AND PURSUANT TO SECTION 95(1) OF THE COMPANIES ACT 1985, TO ALLOT EQUITY SECURITIES BSECTION 94(2) OF THE ACTC FOR CASH PURSUANT TO THE AUTHORITY CONFERRED BY RESOLUTION 9, DISAPPLYING THE STATUTORY PRE-EMPTION RIGHTS BSECTION 89(1) OF THE ACTC, PROVIDED THAT THIS POWER IS LIMITED TO THE ALLOTMENT OF EQUITY SECURITIES: A) IN CONNECTION WITH A RIGHTS ISSUE, OPEN OFFER OR OTHER OFFERS IN FAVOR OF ORDINARY SHAREHOLDERS; AND B) UP TO AN...	Management	For	For
11	AUTHORIZE THE COMPANY, IN ACCORDANCE WITH SECTION 166 OF THE COMPANIES ACT 1985, TO MAKE MARKET PURCHASES BSECTION 163(3) OF THE ACTC OF UP TO 149,238,221 ORDINARY SHARES B10% OF THE ISSUED SHARE CAPITAL AS AT 06 MAR 2007C, AT A MINIMUM PRICE OF 50P AND NOT MORE THAN 105% ABOVE THE AVERAGE MARKET VALUE FOR SUCH SHARES DERIVED FROM THE LONDON STOCK EXCHANGE DAILY OFFICIAL LIST, FOR THE 5 BUSINESS DAYS PRECEDING THE DATE OF PURCHASE; BAUTHORITY EXPIRES THE EARLIER OF THE CONCLUSION OF THE AGM OF T...	Management	For	For
12	AMEND THE COMPANY S ARTICLES OF ASSOCIATION, AS SPECIFIED	Management	For	For
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ISSUER NAME: ITC HOLDINGS CORP MEETING DATE: 06/08/2007
TICKER: ITC     SECURITY ID: 465685105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILLIAM J. MUSELER*$ AS A DIRECTOR	Management	For	For
1. 2	ELECT G.B. STEWART, III**$ AS A DIRECTOR	Management	For	For
1. 3	ELECT LEE C. STEWART**$ AS A DIRECTOR	Management	For	For
1. 4	ELECT EDWARD G. JEPSEN***$ AS A DIRECTOR	Management	For	For
1. 5	ELECT JOSEPH L. WELCH***$ AS A DIRECTOR	Management	For	For
2	APPROVAL OF THE AMENDMENT TO THE COMPANY S ARTICLES OF INCORPORATION TO CREATE A STAGGERED BOARD.	Management	For	Against
3	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS FOR 2007.	Management	For	For
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ISSUER NAME: LEAP WIRELESS INTERNATIONAL, INC. MEETING DATE: 05/17/2007
TICKER: LEAP     SECURITY ID: 521863308
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES D. DONDERO AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN D. HARKEY, JR. AS A DIRECTOR	Management	For	For
1. 3	ELECT S. DOUGLAS HUTCHESON AS A DIRECTOR	Management	For	For
1. 4	ELECT ROBERT V. LAPENTA AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT MARK H. RACHESKY, M.D. AS A DIRECTOR	Management	For	For
1. 6	ELECT MICHAEL B. TARGOFF AS A DIRECTOR	Management	For	For
2	TO APPROVE THE SECOND AMENDMENT TO THE 2004 STOCK OPTION, RESTRICTED STOCK AND DEFERRED STOCK UNIT PLAN, AS AMENDED, INCREASING THE NUMBER OF SHARES OF COMMON STOCK RESERVED FOR ISSUANCE THEREUNDER FROM 4,800,000 TO 8,300,000 SHARES, AND SUCH PLAN, AS AMENDED, INCLUDING THE SECOND AMENDMENT.	Management	For	Against
3	TO APPROVE THE LEAP WIRELESS INTERNATIONAL, INC. EXECUTIVE INCENTIVE BONUS PLAN.	Management	For	For
4	TO RATIFY THE SELECTION OF PRICEWATERHOUSECOOPERS LLP AS LEAP S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: LEVEL 3 COMMUNICATIONS, INC. MEETING DATE: 05/24/2007
TICKER: LVLT     SECURITY ID: 52729N100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WALTER SCOTT, JR. AS A DIRECTOR	Management	For	For
1. 2	ELECT JAMES Q. CROWE AS A DIRECTOR	Management	For	For
1. 3	ELECT ROBERT E. JULIAN AS A DIRECTOR	Management	For	For
1. 4	ELECT ARUN NETRAVALI AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN T. REED AS A DIRECTOR	Management	For	For
1. 6	ELECT MICHAEL B. YANNEY AS A DIRECTOR	Management	For	For
2	TO APPROVE THE GRANTING TO THE LEVEL 3 BOARD OF DIRECTORS OF DISCRETIONARY AUTHORITY TO AMEND LEVEL 3 S RESTATED CERTIFICATE OF INCORPORATION TO EFFECT A REVERSE STOCK SPLIT AT ONE OF FOUR RATIOS.	Management	For	For
3	TO AUTHORIZE THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE ANNUAL MEETING OR ANY ADJOURNMENTS OR POSTPONEMENTS THEREOF.	Management	For	Abstain
4	STOCKHOLDER PROPOSAL TO ELIMINATE SUPERMAJORITY PROVISIONS IN THE LEVEL 3 RESTATED CERTIFICATE OF INCORPORATION AND BY-LAWS.	Shareholder	Against	For
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ISSUER NAME: MDU RESOURCES GROUP, INC. MEETING DATE: 04/24/2007
TICKER: MDU     SECURITY ID: 552690109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT TERRY D. HILDESTAD AS A DIRECTOR	Management	For	For
1. 2	ELECT DENNIS W. JOHNSON AS A DIRECTOR	Management	For	For
1. 3	ELECT JOHN L. OLSON AS A DIRECTOR	Management	For	For
1. 4	ELECT JOHN K. WILSON AS A DIRECTOR	Management	For	For
2	AMEND ARTICLE FOURTH OF OUR RESTATED CERTIFICATE OF INCORPORATION TO INCREASE OUR AUTHORIZED SHARES OF COMMON STOCK	Management	For	For
3	AMEND ARTICLE THIRTEENTH OF OUR RESTATED CERTIFICATE OF INCORPORATION TO DECLASSIFY OUR BOARD OF DIRECTORS	Management	For	For
4	RATIFICATION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT AUDITORS FOR 2007	Management	For	For
5	STOCKHOLDER PROPOSAL REQUESTING SUSTAINABILITY REPORT	Shareholder	Against	Abstain
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ISSUER NAME: MIRANT CORPORATION MEETING DATE: 05/08/2007
TICKER: MIR     SECURITY ID: 60467R100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT THOMAS W. CASON AS A DIRECTOR	Management	For	For
1. 2	ELECT A.D. (PETE) CORRELL AS A DIRECTOR	Management	For	For
1. 3	ELECT TERRY G. DALLAS AS A DIRECTOR	Management	For	For
1. 4	ELECT THOMAS H. JOHNSON AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN T. MILLER AS A DIRECTOR	Management	For	For
1. 6	ELECT EDWARD R. MULLER AS A DIRECTOR	Management	For	For
1. 7	ELECT ROBERT C. MURRAY AS A DIRECTOR	Management	For	For
1. 8	ELECT JOHN M. QUAIN AS A DIRECTOR	Management	For	For
1. 9	ELECT WILLIAM L. THACKER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF KPMG LLP AS INDEPEDENT AUDITOR FOR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: NII HOLDINGS, INC. MEETING DATE: 05/16/2007
TICKER: NIHD     SECURITY ID: 62913F201
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN DONOVAN AS A DIRECTOR	Management	For	For
1. 2	ELECT STEVEN P. DUSSEK AS A DIRECTOR	Management	For	For
1. 3	ELECT STEVEN M. SHINDLER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: NISOURCE INC. MEETING DATE: 05/08/2007
TICKER: NI     SECURITY ID: 65473P105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	TO ELECT STEVEN C. BEERING TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
2	TO ELECT DENNIS E. FOSTER TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
3	TO ELECT MARTY K. KITTRELL TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
4	TO ELECT PETER MCCAUSLAND TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
5	TO ELECT STEVEN R. MCCRACKEN TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
6	TO ELECT W. LEE NUTTER TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
7	TO ELECT IAN M. ROLLAND TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
8	TO ELECT ROBERT C. SKAGGS, JR. TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
9	TO ELECT RICHARD L. THOMPSON TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
10	TO ELECT CAROLYN Y. WOO TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
11	TO ELECT ROGER A. YOUNG TO SERVE ON THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM	Management	For	For
12	RATIFICATION OF INDEPENDENT PUBLIC ACCOUNTANTS.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: NORTHEAST UTILITIES MEETING DATE: 05/08/2007
TICKER: NU     SECURITY ID: 664397106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT RICHARD H. BOOTH AS A DIRECTOR	Management	For	For
1. 2	ELECT COTTON MATHER CLEVELAND AS A DIRECTOR	Management	For	For
1. 3	ELECT SANFORD CLOUD, JR. AS A DIRECTOR	Management	For	For
1. 4	ELECT JAMES F. CORDES AS A DIRECTOR	Management	For	For
1. 5	ELECT E. GAIL DE PLANQUE AS A DIRECTOR	Management	For	For
1. 6	ELECT JOHN G. GRAHAM AS A DIRECTOR	Management	For	For
1. 7	ELECT ELIZABETH T. KENNAN AS A DIRECTOR	Management	For	For
1. 8	ELECT KENNETH R. LEIBLER AS A DIRECTOR	Management	For	For
1. 9	ELECT ROBERT E. PATRICELLI AS A DIRECTOR	Management	For	For
1. 10	ELECT CHARLES W. SHIVERY AS A DIRECTOR	Management	For	For
1. 11	ELECT JOHN F. SWOPE AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF DELOITTE & TOUCHE LLP AS OUR INDEPENDENT AUDITORS FOR 2007.	Management	For	For
3	TO APPROVE THE ADOPTION OF THE NORTHEAST UTILITIES INCENTIVE PLAN, AS AMENDED AND RESTATED.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: NRG ENERGY, INC. MEETING DATE: 04/25/2007
TICKER: NRG     SECURITY ID: 629377508
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DAVID CRANE AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT STEPHEN L. CROPPER AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT MAUREEN MISKOVIC AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT THOMAS H. WEIDEMEYER AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ONEOK, INC. MEETING DATE: 05/17/2007
TICKER: OKE     SECURITY ID: 682680103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILLIAM M. BELL AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT JOHN W. GIBSON AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT PATTYE L. MOORE AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT DAVID J. TIPPECONNIC AS A DIRECTOR	Management	For	Withhold
2	A SHAREHOLDER PROPOSAL RELATING TO THE SEPARATION OF THE POSITIONS OF CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER.	Shareholder	Against	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PEPCO HOLDINGS, INC. MEETING DATE: 05/18/2007
TICKER: POM     SECURITY ID: 713291102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JACK B. DUNN, IV AS A DIRECTOR	Management	For	For
1. 2	ELECT TERENCE C. GOLDEN AS A DIRECTOR	Management	For	For
1. 3	ELECT FRANK O. HEINTZ AS A DIRECTOR	Management	For	For
1. 4	ELECT BARBARA J. KRUMSIEK AS A DIRECTOR	Management	For	For
1. 5	ELECT GEORGE F. MACCORMACK AS A DIRECTOR	Management	For	For
1. 6	ELECT RICHARD B. MCGLYNN AS A DIRECTOR	Management	For	For
1. 7	ELECT LAWRENCE C. NUSSDORF AS A DIRECTOR	Management	For	For
1. 8	ELECT FRANK K. ROSS AS A DIRECTOR	Management	For	For
1. 9	ELECT LESTER P. SILVERMAN AS A DIRECTOR	Management	For	For
1. 10	ELECT WILLIAM T. TORGERSON AS A DIRECTOR	Management	For	For
2	A PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY FOR 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PPL CORPORATION MEETING DATE: 05/23/2007
TICKER: PPL     SECURITY ID: 69351T106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STUART HEYDT AS A DIRECTOR	Management	For	For
1. 2	ELECT CRAIG A. ROGERSON AS A DIRECTOR	Management	For	For
1. 3	ELECT W. KEITH SMITH AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
3	SHAREOWNER PROPOSAL	Shareholder	Against	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PROGRESS ENERGY, INC. MEETING DATE: 05/09/2007
TICKER: PGN     SECURITY ID: 743263105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: J. BOSTIC.	Management	For	For
2	ELECTION OF DIRECTOR: D. BURNER.	Management	For	For
3	ELECTION OF DIRECTOR: R. DAUGHERTY.	Management	For	For
4	ELECTION OF DIRECTOR: H. DELOACH.	Management	For	For
5	ELECTION OF DIRECTOR: R. JONES.	Management	For	For
6	ELECTION OF DIRECTOR: W. JONES.	Management	For	For
7	ELECTION OF DIRECTOR: R. MCGEHEE.	Management	For	For
8	ELECTION OF DIRECTOR: E. MCKEE.	Management	For	For
9	ELECTION OF DIRECTOR: J. MULLIN.	Management	For	For
10	ELECTION OF DIRECTOR: C. SALADRIGAS.	Management	For	For
11	ELECTION OF DIRECTOR: T. STONE.	Management	For	For
12	ELECTION OF DIRECTOR: A. TOLLISON.	Management	For	For
13	RATIFICATION OF THE SELECTION OF DELOITTE & TOUCHE LLP AS PROGRESS ENERGY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
14	THE PROPOSAL RELATING TO THE APPROVAL OF THE PROGRESS ENERGY, INC. 2007 EQUITY INCENTIVE PLAN.	Management	For	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PUBLIC SERVICE ENTERPRISE GROUP INC. MEETING DATE: 11/21/2006
TICKER: PEG     SECURITY ID: 744573106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CAROLINE DORSA * AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT E. JAMES FERLAND * AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT ALBERT R. GAMPER, JR. * AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT RALPH IZZO ** AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITOR FOR THE YEAR 2006.	Management	For	For
3	STOCKHOLDER PROPOSAL RELATING TO EXECUTIVE COMPENSATION.	Shareholder	Against	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PUBLIC SERVICE ENTERPRISE GROUP INC. MEETING DATE: 04/17/2007
TICKER: PEG     SECURITY ID: 744573106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ERNEST H. DREW* AS A DIRECTOR	Management	For	For
1. 2	ELECT WILLIAM V. HICKEY** AS A DIRECTOR	Management	For	For
1. 3	ELECT RALPH IZZO** AS A DIRECTOR	Management	For	For
1. 4	ELECT RICHARD J. SWIFT** AS A DIRECTOR	Management	For	For
2	APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED COMMON STOCK FROM 500 MILLION TO 1 BILLION SHARES.	Management	For	Against
3	APPROVE THE ADOPTION OF THE 2007 EQUITY COMPENSATION PLAN FOR OUTSIDE DIRECTORS.	Management	For	Against
4	APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO ELIMINATE CLASSIFICATION OF THE BOARD OF DIRECTORS, IF ELIMINATION OF CUMULATIVE VOTING PURSUANT TO PROPOSAL 5 IS APPROVED.	Management	For	For
5	APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO ELIMINATE CUMULATIVE VOTING IF THE ELIMINATION OF THE CLASSIFIED BOARD PURSUANT TO PROPOSAL 4 IS APPROVED.	Management	For	For
6	APPROVE AN AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO ELIMINATE PRE-EMPTIVE RIGHTS.	Management	For	Against
7	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITOR FOR THE YEAR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PUGET ENERGY, INC. MEETING DATE: 05/04/2007
TICKER: PSD     SECURITY ID: 745310102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT PHYLLIS J. CAMPBELL AS A DIRECTOR	Management	For	For
1. 2	ELECT STEPHEN E. FRANK AS A DIRECTOR	Management	For	For
1. 3	ELECT DR. KENNETH P. MORTIMER AS A DIRECTOR	Management	For	For
1. 4	ELECT STEPHEN P. REYNOLDS AS A DIRECTOR	Management	For	For
1. 5	ELECT GEORGE W. WATSON AS A DIRECTOR	Management	For	For
2	APPROVAL OF AMENDMENTS TO THE COMPANY S ARTICLES OF INCORPORATION TO ADOPT A MAJORITY VOTING STANDARD IN UNCONTESTED ELECTIONS OF PUGET ENERGY, INC. DIRECTORS.	Management	For	For
3	APPROVAL OF AMENDMENTS TO THE PUGET ENERGY, INC. EMPLOYEE STOCK PURCHASE PLAN, INCLUDING INCREASING THE NUMBER OF SHARES AVAILABLE FOR PURCHASE UNDER THE PLAN.	Management	For	For
4	RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS PUGET ENERGY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: QUESTAR CORPORATION MEETING DATE: 05/15/2007
TICKER: STR     SECURITY ID: 748356102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT TERESA BECK AS A DIRECTOR	Management	For	For
1. 2	ELECT R.D. CASH AS A DIRECTOR	Management	For	For
1. 3	ELECT ROBERT E. MCKEE AS A DIRECTOR	Management	For	For
1. 4	ELECT GARY G. MICHAEL AS A DIRECTOR	Management	For	For
1. 5	ELECT CHARLES B. STANLEY AS A DIRECTOR	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: QWEST COMMUNICATIONS INTERNATIONAL I MEETING DATE: 05/23/2007
TICKER: Q     SECURITY ID: 749121109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: RICHARD C. NOTEBAERT	Management	For	For
2	ELECTION OF DIRECTOR: LINDA G. ALVARADO	Management	For	For
3	ELECTION OF DIRECTOR: CHARLES L. BIGGS	Management	For	For
4	ELECTION OF DIRECTOR: K. DANE BROOKSHER	Management	For	For
5	ELECTION OF DIRECTOR: PETER S. HELLMAN	Management	For	For
6	ELECTION OF DIRECTOR: R. DAVID HOOVER	Management	For	For
7	ELECTION OF DIRECTOR: PATRICK J. MARTIN	Management	For	For
8	ELECTION OF DIRECTOR: CAROLINE MATTHEWS	Management	For	For
9	ELECTION OF DIRECTOR: WAYNE W. MURDY	Management	For	For
10	ELECTION OF DIRECTOR: FRANK P. POPOFF	Management	For	For
11	ELECTION OF DIRECTOR: JAMES A. UNRUH	Management	For	For
12	ELECTION OF DIRECTOR: ANTHONY WELTERS	Management	For	For
13	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT AUDITOR FOR 2007	Management	For	For
14	APPROVAL OF THE AMENDED AND RESTATED EQUITY INCENTIVE PLAN	Management	For	For
15	STOCKHOLDER PROPOSAL - REQUESTING THAT OUR BOARD ESTABLISH A POLICY WHEREBY AT LEAST 75% OF FUTURE EQUITY COMPENSATION AWARDED TO SENIOR EXECUTIVES BE PERFORMANCE-BASED AND THE RELATED PERFORMANCE METRICS BE DISCLOSED TO STOCKHOLDERS	Shareholder	Against	Against
16	STOCKHOLDER PROPOSAL - REQUESTING THAT OUR BOARD ESTABLISH A POLICY THAT STOCKHOLDERS HAVE THE OPPORTUNITY AT EACH ANNUAL MEETING TO VOTE ON AN ADVISORY RESOLUTION PROPOSED BY MANAGEMENT TO RATIFY CERTAIN COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS	Shareholder	Against	Abstain
17	STOCKHOLDER PROPOSAL - REQUESTING THAT WE SEEK STOCKHOLDER APPROVAL OF CERTAIN BENEFITS FOR SENIOR EXECUTIVES UNDER OUR NON-QUALIFIED PENSION PLAN OR ANY SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN	Shareholder	Against	Against
18	STOCKHOLDER PROPOSAL - REQUESTING THAT OUR BOARD ESTABLISH A POLICY OF SEPARATING THE ROLES OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER WHENEVER POSSIBLE	Shareholder	Against	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: RELIANT ENERGY, INC. MEETING DATE: 05/16/2007
TICKER: RRI     SECURITY ID: 75952B105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION TO REMOVE UNNECESSARY AND OUTDATED PROVISIONS.	Management	For	For
2	PROPOSAL TO AMEND THE CERTIFICATE OF INCORPORATION TO ELIMINATE THE CLASSIFIED STRUCTURE OF THE BOARD.	Management	For	For
3	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): E. WILLIAM BARNETT	Management	For	For
4	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): SARAH M. BARPOULIS	Management	For	For
5	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): DONALD J. BREEDING	Management	For	For
6	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): KIRBYJON H. CALDWELL	Management	For	For
7	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): STEVEN L. MILLER	Management	For	For
8	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): LAREE E. PEREZ	Management	For	For
9	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): EVAN J. SILVERSTEIN	Management	For	For
10	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): JOEL V. STAFF	Management	For	For
11	ELECTION OF DIRECTOR (IF STOCKHOLDERS APPROVE ITEM 2): WILLIAM L. TRANSIER	Management	For	For
12	ELECTION OF DIRECTOR (IF STOCKHOLDERS DO NOT APPROVE ITEM 2): SARAH M. BARPOULIS	Management	For	For
13	ELECTION OF DIRECTOR (IF STOCKHOLDERS DO NOT APPROVE ITEM 2): LAREE E. PEREZ	Management	For	For
14	ELECTION OF DIRECTOR (IF STOCKHOLDERS DO NOT APPROVE ITEM 2): WILLIAM L. TRANSIER	Management	For	For
15	PROPOSAL TO RATIFY THE SELECTION OF KPMG LLP AS RELIANT ENERGY, INC. S INDEPENDENT AUDITOR.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SEMPRA ENERGY MEETING DATE: 04/26/2007
TICKER: SRE     SECURITY ID: 816851109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILFORD D. GODBOLD, JR. AS A DIRECTOR	Management	For	For
1. 2	ELECT RICHARD G. NEWMAN AS A DIRECTOR	Management	For	For
1. 3	ELECT NEAL E. SCHMALE AS A DIRECTOR	Management	For	For
2	RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
3	ADOPT SIMPLE MAJORITY VOTE PROPOSAL	Shareholder	Against	For
4	DIRECTOR ELECTION MAJORITY VOTE STANDARD PROPOSAL	Shareholder	Against	For
5	SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN POLICY PROPOSAL	Shareholder	Against	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SIERRA PACIFIC RESOURCES MEETING DATE: 05/07/2007
TICKER: SRP     SECURITY ID: 826428104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WALTER M. HIGGINS AS A DIRECTOR	Management	For	For
1. 2	ELECT BRIAN J. KENNEDY AS A DIRECTOR	Management	For	For
1. 3	ELECT JOHN F. O'REILLY AS A DIRECTOR	Management	For	For
1. 4	ELECT MICHAEL W. YACKIRA AS A DIRECTOR	Management	For	For
2	TO CONSIDER WHETHER TO ADOPT A SHAREHOLDER PROPOSAL REQUESTING DIRECTORS TO TAKE THE STEPS NECESSARY, IN THE MOST EXPEDITOUS MANNER POSSIBLE, TO ADOPT ANNUAL ELECTION OF EACH DIRECTOR.	Shareholder	Against	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SOUTHERN UNION COMPANY MEETING DATE: 05/01/2007
TICKER: SUG     SECURITY ID: 844030106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DAVID BRODSKY AS A DIRECTOR	Management	For	For
1. 2	ELECT FRANK W. DENIUS AS A DIRECTOR	Management	For	For
1. 3	ELECT KURT A. GITTER, M.D. AS A DIRECTOR	Management	For	For
1. 4	ELECT HERBERT H. JACOBI AS A DIRECTOR	Management	For	For
1. 5	ELECT ADAM M. LINDEMANN AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT GEORGE L. LINDEMANN AS A DIRECTOR	Management	For	For
1. 7	ELECT THOMAS N. MCCARTER, III AS A DIRECTOR	Management	For	For
1. 8	ELECT GEORGE ROUNTREE, III AS A DIRECTOR	Management	For	For
1. 9	ELECT ALLAN D. SCHERER AS A DIRECTOR	Management	For	For
2	THE RATIFICATION OF THE APPOINTMENT OF PRICEWATERCOOPERS LLP AS SOUTHERN UNION S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SPRINT NEXTEL CORPORATION MEETING DATE: 05/08/2007
TICKER: S     SECURITY ID: 852061100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: KEITH J. BANE	Management	For	For
2	ELECTION OF DIRECTOR: ROBERT R. BENNETT	Management	For	For
3	ELECTION OF DIRECTOR: GORDON M. BETHUNE	Management	For	For
4	ELECTION OF DIRECTOR: FRANK M. DRENDEL	Management	For	For
5	ELECTION OF DIRECTOR: GARY D. FORSEE	Management	For	For
6	ELECTION OF DIRECTOR: JAMES H. HANCE, JR.	Management	For	For
7	ELECTION OF DIRECTOR: V. JANET HILL	Management	For	For
8	ELECTION OF DIRECTOR: IRVINE O. HOCKADAY, JR.	Management	For	For
9	ELECTION OF DIRECTOR: LINDA KOCH LORIMER	Management	For	For
10	ELECTION OF DIRECTOR: WILLIAM H. SWANSON	Management	For	For
11	TO RATIFY APPOINTMENT OF KPMG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF SPRINT NEXTEL FOR 2007.	Management	For	For
12	TO APPROVE THE 2007 OMNIBUS INCENTIVE PLAN.	Management	For	Against
13	SHAREHOLDER PROPOSAL CONCERNING ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS.	Shareholder	Against	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: TELEPHONE AND DATA SYSTEMS, INC. MEETING DATE: 09/12/2006
TICKER: TDS     SECURITY ID: 879433100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT C.D. O'LEARY AS A DIRECTOR	Management	For	For
1. 2	ELECT M.H. SARANOW AS A DIRECTOR	Management	For	For
1. 3	ELECT M.L. SOLOMON AS A DIRECTOR	Management	For	For
1. 4	ELECT H.S. WANDER AS A DIRECTOR	Management	For	For
2	RATIFY ACCOUNTANTS FOR 2006	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: THE AES CORPORATION MEETING DATE: 06/25/2007
TICKER: AES     SECURITY ID: 00130H105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT RICHARD DARMAN AS A DIRECTOR	Management	For	For
1. 2	ELECT PAUL HANRAHAN AS A DIRECTOR	Management	For	For
1. 3	ELECT KRISTINA M. JOHNSON AS A DIRECTOR	Management	For	For
1. 4	ELECT JOHN A. KOSKINEN AS A DIRECTOR	Management	For	For
1. 5	ELECT PHILIP LADER AS A DIRECTOR	Management	For	For
1. 6	ELECT JOHN H. MCARTHUR AS A DIRECTOR	Management	For	For
1. 7	ELECT SANDRA O. MOOSE AS A DIRECTOR	Management	For	For
1. 8	ELECT PHILIP A. ODEEN AS A DIRECTOR	Management	For	For
1. 9	ELECT CHARLES O. ROSSOTTI AS A DIRECTOR	Management	For	For
1. 10	ELECT SVEN SANDSTROM AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: TIME WARNER TELECOM INC. MEETING DATE: 06/06/2007
TICKER: TWTC     SECURITY ID: 887319101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT GREGORY J. ATTORRI AS A DIRECTOR	Management	For	For
1. 2	ELECT SPENCER B. HAYS AS A DIRECTOR	Management	For	For
1. 3	ELECT LARISSA L. HERDA AS A DIRECTOR	Management	For	For
1. 4	ELECT KEVIN W. MOONEY AS A DIRECTOR	Management	For	For
1. 5	ELECT KIRBY G. PICKLE AS A DIRECTOR	Management	For	For
1. 6	ELECT ROSCOE C. YOUNG, II AS A DIRECTOR	Management	For	For
2	APPROVE CERTAIN AMENDMENTS TO OUR RESTATED CERTIFICATE OF INCORPORATION TO REFLECT THAT WE NO LONGER HAVE CLASS B COMMON STOCK OUTSTANDING.	Management	For	For
3	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP TO SERVE AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: VERIZON COMMUNICATIONS INC. MEETING DATE: 05/03/2007
TICKER: VZ     SECURITY ID: 92343V104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: JAMES R. BARKER	Management	For	For
2	ELECTION OF DIRECTOR: RICHARD L. CARRION	Management	For	For
3	ELECTION OF DIRECTOR: M. FRANCES KEETH	Management	For	For
4	ELECTION OF DIRECTOR: ROBERT W. LANE	Management	For	For
5	ELECTION OF DIRECTOR: SANDRA O. MOOSE	Management	For	For
6	ELECTION OF DIRECTOR: JOSEPH NEUBAUER	Management	For	For
7	ELECTION OF DIRECTOR: DONALD T. NICOLAISEN	Management	For	For
8	ELECTION OF DIRECTOR: THOMAS H. O BRIEN	Management	For	For
9	ELECTION OF DIRECTOR: CLARENCE OTIS, JR.	Management	For	For
10	ELECTION OF DIRECTOR: HUGH B. PRICE	Management	For	For
11	ELECTION OF DIRECTOR: IVAN G. SEIDENBERG	Management	For	For
12	ELECTION OF DIRECTOR: WALTER V. SHIPLEY	Management	For	For
13	ELECTION OF DIRECTOR: JOHN W. SNOW	Management	For	For
14	ELECTION OF DIRECTOR: JOHN R. STAFFORD	Management	For	For
15	ELECTION OF DIRECTOR: ROBERT D. STOREY	Management	For	For
16	RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
17	ELIMINATE STOCK OPTIONS	Shareholder	Against	Against
18	SHAREHOLDER APPROVAL OF FUTURE SEVERANCE AGREEMENTS	Shareholder	Against	For
19	COMPENSATION CONSULTANT DISCLOSURE	Shareholder	Against	Against
20	ADVISORY VOTE ON EXECUTIVE COMPENSATION	Shareholder	Against	Abstain
21	LIMIT SERVICE ON OUTSIDE BOARDS	Shareholder	Against	Against
22	SHAREHOLDER APPROVAL OF FUTURE POISON PILL	Shareholder	Against	For
23	REPORT ON CHARITABLE CONTRIBUTIONS	Shareholder	Against	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: WINDSTREAM CORPORATION MEETING DATE: 05/09/2007
TICKER: WIN     SECURITY ID: 97381W104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT S.E. "SANDY" BEALL, III AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT DENNIS E. FOSTER AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT FRANCIS X. FRANTZ AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT JEFFERY R. GARDNER AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT JEFFREY T. HINSON AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT JUDY K. JONES AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT WILLIAM A. MONTGOMERY AS A DIRECTOR	Management	For	Withhold
1. 8	ELECT FRANK E. REED AS A DIRECTOR	Management	For	Withhold
2	APPROVE THE WINDSTREAM PERFORMANCE INCENTIVE COMPENSATION PLAN	Management	For	For
3	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS WINDSTREAM S INDEPENDENT REGISTERED PUBLIC ACCOUNTANT FOR 2007	Management	For	For
4	REQUIRED EQUITY AWARDS TO BE HELD	Shareholder	Against	Against
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: WISCONSIN ENERGY CORPORATION MEETING DATE: 05/03/2007
TICKER: WEC     SECURITY ID: 976657106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOHN F. AHEARNE AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN F. BERGSTROM AS A DIRECTOR	Management	For	For
1. 3	ELECT BARBARA L. BOWLES AS A DIRECTOR	Management	For	For
1. 4	ELECT PATRICIA W. CHADWICK AS A DIRECTOR	Management	For	For
1. 5	ELECT ROBERT A. CORNOG AS A DIRECTOR	Management	For	For
1. 6	ELECT CURT S. CULVER AS A DIRECTOR	Management	For	For
1. 7	ELECT THOMAS J. FISCHER AS A DIRECTOR	Management	For	For
1. 8	ELECT GALE E. KLAPPA AS A DIRECTOR	Management	For	For
1. 9	ELECT ULICE PAYNE JR AS A DIRECTOR	Management	For	For
1. 10	ELECT FREDERICK P STRATTON JR AS A DIRECTOR	Management	For	For
2	RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

POWER OF ATTORNEY

I, the undersigned Treasurer of the following investment companies:

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

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

WITNESS my hand on this 10th of July 2007.

/s/ Kimberley Monasterio

Kimberley Monasterio

Treasurer