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 Materials Portfolio

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

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

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

DATE OF FISCAL YEAR END: FEBRUARY 28

DATE OF REPORTING PERIOD: 06/30/2007

SIGNATURES

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

Fidelity Select Portfolios

BY:  /s/ KIMBERLEY MONASTERIO*
KIMBERLEY MONASTERIO, TREASURER
DATE: 08/10/2007 07:41:23 PM

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

VOTE SUMMARY REPORT
Select Materials Portfolio
07/01/2006- 06/30/2007

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

ISSUER NAME: A.M. CASTLE & CO. MEETING DATE: 04/26/2007
TICKER: CAS     SECURITY ID: 148411101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT BRIAN P. ANDERSON AS A DIRECTOR	Management	For	For
1. 2	ELECT THOMAS A. DONAHOE AS A DIRECTOR	Management	For	For
1. 3	ELECT ANN M. DRAKE AS A DIRECTOR	Management	For	For
1. 4	ELECT MICHAEL. H. GOLDBERG AS A DIRECTOR	Management	For	For
1. 5	ELECT WILLIAM K. HALL AS A DIRECTOR	Management	For	For
1. 6	ELECT ROBERT S. HAMADA AS A DIRECTOR	Management	For	For
1. 7	ELECT PATRICK J. HERBERT, III AS A DIRECTOR	Management	For	For
1. 8	ELECT PAMELA FORBES LIEBERMAN AS A DIRECTOR	Management	For	For
1. 9	ELECT JOHN MCCARTNEY AS A DIRECTOR	Management	For	For
1. 10	ELECT MICHAEL SIMPSON 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: AGNICO EAGLE MINES LTD MEETING DATE: 04/27/2007
TICKER: --     SECURITY ID: 008474108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECT MR. LEANNE M. BAKER AS A DIRECTOR	Management	For	For
2	ELECT MR. DOUGLAS R. BEAUMONT AS A DIRECTOR	Management	For	For
3	ELECT MR. SEAN BOYD AS A DIRECTOR	Management	For	For
4	ELECT MR. BERNARD KRAFT AS A DIRECTOR	Management	For	For
5	ELECT MR. MEL LEIDERMAN AS A DIRECTOR	Management	For	For
6	ELECT MR. JAMES D. NASSO AS A DIRECTOR	Management	For	For
7	ELECT MR. EBERHARD SCHERKUS AS A DIRECTOR	Management	For	For
8	ELECT MR. HOWARD R. STOCKFORD AS A DIRECTOR	Management	For	For
9	ELECT MR. PERTTI VOUTILAINEN AS A DIRECTOR	Management	For	For
10	APPOINT ERNST & YOUNG LLP AS THE AUDITORS OF THE CORPORATION AND AUTHORIZE THE DIRECTORS TO FIX THEIR REMUNERATION	Management	For	For
11	AMEND THE CORPORATION S STOCK OPTION 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: AGRIUM INC MEETING DATE: 05/09/2007
TICKER: --     SECURITY ID: 008916108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	RECEIVE AND CONSIDER OUR 2006 AUDITED FINANCIAL STATEMENTS AND THE AUDITOR S REPORT THEREON	N/A	N/A	N/A
2	ELECT MR. NEIL CARRAGHER AS A DIRECTOR	Management	For	For
3	ELECT MR. RALPH S. CUNNINGHAM AS A DIRECTOR	Management	For	For
4	ELECT MR. D. GRANT DEVINE AS A DIRECTOR	Management	For	For
5	ELECT MR. GERMAINE GIBRA AS A DIRECTOR	Management	For	For
6	ELECT MR. RUSSELL K. GIRLING AS A DIRECTOR	Management	For	For
7	ELECT MR. SUSAN A. HENRY AS A DIRECTOR	Management	For	For
8	ELECT MR. RUSSELL J. HORNER AS A DIRECTOR	Management	For	For
9	ELECT MR. ANNE MCLELLAN AS A DIRECTOR	Management	For	For
10	ELECT MR. FRANK W. PROTO AS A DIRECTOR	Management	For	For
11	ELECT MR. MICHAEL M. WILSON AS A DIRECTOR	Management	For	For
12	ELECT MR. VICTOR J. ZALESCHUK AS A DIRECTOR	Management	For	For
13	APPOINT KPMG LLP, CHARTERED ACCOUNTANTS, OF CALGARY, ALBERTA, AS THE AUDITORSOF THE CORPORATION FOR 2007 AND AUTHORIZE THE DIRECTORS TO FIX THEIR REMUNERATION	Management	For	For
14	APPROVE A RESOLUTION TO MAKE CERTAIN AMANDMENTS TO THE CORPORATIONS AMENDED AND RESTATED STOCK OPTION AND TANDEM SAR PLAN	Management	For	For
15	APPROVE A RESOLUTION TO RESERVE AN ADDITIONAL 1,000,000 COMMON SHARES FOR THEGRANTING OF STOCK OPTION WITH TANDEM SARS UNDER THE CORPORATIONS AMENDED AND RESTATED STOCK OPTION AND TANDEM SAR PLAN	Management	For	For
16	APPROVE THE CORPORATION AMENDED AND RESTATED SHAREHOLDERS RIGHTS PLAN	Management	For	For
17	TRANSACT SUCH OTHER BUSINESS	N/A	N/A	N/A
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: AGRIUM INC. MEETING DATE: 05/09/2007
TICKER: AGU     SECURITY ID: 008916108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT NEIL CARRAGHER AS A DIRECTOR	Management	For	For
1. 2	ELECT RALPH S. CUNNINGHAM AS A DIRECTOR	Management	For	For
1. 3	ELECT D. GRANT DEVINE AS A DIRECTOR	Management	For	For
1. 4	ELECT GERMAINE GIBARA AS A DIRECTOR	Management	For	For
1. 5	ELECT RUSSELL K. GIRLING AS A DIRECTOR	Management	For	For
1. 6	ELECT SUSAN A. HENRY AS A DIRECTOR	Management	For	For
1. 7	ELECT RUSSELL J. HORNER AS A DIRECTOR	Management	For	For
1. 8	ELECT ANNE MCLELLAN AS A DIRECTOR	Management	For	For
1. 9	ELECT FRANK W. PROTO AS A DIRECTOR	Management	For	For
1. 10	ELECT MICHAEL M. WILSON AS A DIRECTOR	Management	For	For
1. 11	ELECT VICTOR J. ZALESCHUK AS A DIRECTOR	Management	For	For
2	THE APPOINTMENT OF KPMG LLP, CHARTERED ACCOUNTANTS, AS AUDITORS OF THE CORPORATION.	Management	For	For
3	A RESOLUTION TO MAKE CERTAIN AMENDMENTS TO THE CORPORATION S AMENDED AND RESTATED STOCK OPTION AND TANDEM SAR PLAN.	Management	For	For
4	A RESOLUTION TO RESERVE AN ADDITIONAL 1,000,000 COMMON SHARES FOR THE GRANTING OF STOCK OPTIONS WITH TANDEM SARS UNDER THE CORPORATION S AMENDED AND RESTATED STOCK OPTION AND TANDEM SAR PLAN.	Management	For	For
5	A RESOLUTION TO APPROVE THE CORPORATION S AMENDED AND RESTATED SHAREHOLDER RIGHTS 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: AIR PRODUCTS AND CHEMICALS, INC. MEETING DATE: 01/25/2007
TICKER: APD     SECURITY ID: 009158106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILLIAM L. DAVIS III AS A DIRECTOR	Management	For	For
1. 2	ELECT W. DOUGLAS FORD AS A DIRECTOR	Management	For	For
1. 3	ELECT EVERT HENKES AS A DIRECTOR	Management	For	For
1. 4	ELECT MARGARET G. MCGLYNN AS A DIRECTOR	Management	For	For
2	APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS. RATIFICATION OF APPOINTMENT OF KPMG LLP, AS INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS 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: AIRGAS, INC. MEETING DATE: 08/09/2006
TICKER: ARG     SECURITY ID: 009363102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES W. HOVEY AS A DIRECTOR	Management	For	For
1. 2	ELECT PAULA A. SNEED AS A DIRECTOR	Management	For	For
1. 3	ELECT DAVID M. STOUT AS A DIRECTOR	Management	For	For
2	APPROVE THE 2006 EQUITY INCENTIVE PLAN.	Management	For	For
3	APPROVE THE AMENDED AND RESTATED 2003 EMPLOYEE STOCK PURCHASE PLAN.	Management	For	For
4	RATIFY THE SELECTION OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALBEMARLE CORPORATION MEETING DATE: 04/11/2007
TICKER: ALB     SECURITY ID: 012653101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT J. ALFRED BROADDUS, JR. AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT JOHN D. GOTTWALD AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT WILLIAM M. GOTTWALD AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT R. WILLIAM IDE III AS A DIRECTOR	Management	For	Withhold
1. 5	ELECT RICHARD L. MORRILL AS A DIRECTOR	Management	For	Withhold
1. 6	ELECT SEYMOUR S. PRESTON III AS A DIRECTOR	Management	For	Withhold
1. 7	ELECT MARK C. ROHR AS A DIRECTOR	Management	For	Withhold
1. 8	ELECT JOHN SHERMAN, JR. AS A DIRECTOR	Management	For	Withhold
1. 9	ELECT CHARLES E. STEWART AS A DIRECTOR	Management	For	Withhold
1. 10	ELECT HARRIETT TEE TAGGART AS A DIRECTOR	Management	For	Withhold
1. 11	ELECT ANNE MARIE WHITTEMORE AS A DIRECTOR	Management	For	Withhold
2	THE PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: ALLEGHENY TECHNOLOGIES INCORPORATED MEETING DATE: 05/02/2007
TICKER: ATI     SECURITY ID: 01741R102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT H. KENT BOWEN AS A DIRECTOR	Management	For	For
1. 2	ELECT L. PATRICK HASSEY AS A DIRECTOR	Management	For	For
1. 3	ELECT JOHN D. TURNER AS A DIRECTOR	Management	For	For
2	APPROVAL OF 2007 INCENTIVE PLAN.	Management	For	For
3	RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS.	Management	For	For
4	STOCKHOLDER PROPOSAL REGARDING SUSTAINABILITY REPORTING.	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: ARCELOR MITTAL MEETING DATE: 06/12/2007
TICKER: MT     SECURITY ID: 03937E101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PROPOSAL TO ADOPT THE ANNUAL ACCOUNTS FOR FISCAL 2006.	Management	For	None
2	PROPOSAL TO CONTINUE TO PAY A QUARTERLY DIVIDEND OF US$ 0.325 PER SHARE, SUBJECT TO FINAL DETERMINATION BY THE BOARD.	Management	For	None
3	PROPOSAL TO APPROVE THE MANAGEMENT PERFORMED BY THE DIRECTORS A OF THE BOARD OF DIRECTORS DURING FISCAL 2006.	Management	For	None
4	PROPOSAL TO APPROVE THE SUPERVISION PERFORMED BY THE DIRECTORS C OF THE BOARD OF DIRECTORS DURING FISCAL 2006.	Management	For	None
5	PROPOSAL TO RATIFY THE DECISION OF THE BOARD OF DIRECTORS TO APPOINT MR. LAKSHMI N. MITTAL AS CHIEF EXECUTIVE OFFICER OF THE COMPANY AS OF 5 NOVEMBER 2006.	Management	For	None
6	PROPOSAL TO DESIGNATE MRS. USHA MITTAL AS THE PERSON REFERRED TO IN ARTICLE 23 OF THE ARTICLES OF ASSOCIATION OF THE COMPANY.	Management	For	None
7	PROPOSAL TO RE-APPOINT DELOITTE ACCOUNTANTS AS THE REGISTERED ACCOUNTANT OF THE COMPANY.	Management	For	None
8	PROPOSAL TO CHANGE THE REMUNERATION OF THE DIRECTORS C OF THE BOARD OF DIRECTORS.	Management	For	None
9	PROPOSAL TO DESIGNATE THE BOARD OF DIRECTORS AS AUTHORIZED CORPORATE BODY (ORGAAN) TO REPURCHASE CLASS A SHARES IN THE CAPITAL OF THE COMPANY UNTIL 12 DECEMBER 2008.	Management	For	None
10	PROPOSAL TO EXTEND THE AUTHORITY OF THE BOARD OF DIRECTORS FOR A PERIOD OF ONE (1) YEAR TO ISSUE AND/OR GRANT RIGHTS.	Management	For	None
11	PROPOSAL TO EXTEND THE AUTHORITY OF THE BOARD OF DIRECTORS FOR A PERIOD OF ONE YEAR TO LIMIT OR EXCLUDE THE PRE-EMPTIVE RIGHTS.	Management	For	None
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: BALL CORPORATION MEETING DATE: 04/25/2007
TICKER: BLL     SECURITY ID: 058498106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT HANNO C. FIEDLER AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT JOHN F. LEHMAN AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT GEORGIA R. NELSON AS A DIRECTOR	Management	For	Withhold
1. 4	ELECT ERIK H. VAN DER KAAY AS A DIRECTOR	Management	For	Withhold
2	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT AUDITOR FOR THE 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: CAMECO CORP MEETING DATE: 05/16/2007
TICKER: --     SECURITY ID: 13321L108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECT MR. JOHN S. AUSTON AS A DIRECTOR	Management	For	For
2	ELECT MR. JOHN H. CLAPPISON AS A DIRECTOR	Management	For	For
3	ELECT MR. JOE F. COLVIN AS A DIRECTOR	Management	For	For
4	ELECT MR. HARRY D. COOK AS A DIRECTOR	Management	For	For
5	ELECT MR. JAMES R. CURTISS AS A DIRECTOR	Management	For	For
6	ELECT MR. GEORGE S. DEMBROSKI AS A DIRECTOR	Management	For	For
7	ELECT MR. GERALD W. GRANDEY AS A DIRECTOR	Management	For	For
8	ELECT MR. NANCY E. HOPKINS AS A DIRECTOR	Management	For	For
9	ELECT MR. OYVIND HUSHOVD AS A DIRECTOR	Management	For	For
10	ELECT MR. J.W. GEORGE IVANY AS A DIRECTOR	Management	For	For
11	ELECT MR. A. ANNE MCLELLAN AS A DIRECTOR	Management	For	For
12	ELECT MR. NEIL MCMILLAN AS A DIRECTOR	Management	For	For
13	ELECT MR. ROBERT W. PETERSON AS A DIRECTOR	Management	For	For
14	ELECT MR. VICTOR J. ZALESCHUK AS A DIRECTOR	Management	For	For
15	APPOINT KPMG LLP AS THE AUDITORS	Management	For	For
16	AMEND CAMECO S STOCK OPTION PLAN AS SPECIFIED	Management	For	For
17	ACKNOWLEDGE THE UNDERSIGNED DECLARED HEREBY THAT ALL SHARES REPRESENT HEREBY ARE HELD BENEFICIALLY OWNED OR CONTROLLED BY ONE OR MORE RESIDENTS, OR ONE OR MORE NON RESIDENTS	Management	Unknown	Abstain
18	ACKNOWLEDGE IF THE UNDERSIGENED IS A RESIDENT PLEASE MARK THE FOR BOX, IF THEUNDERSIGENED 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: CF INDUSTRIES HOLDINGS INC. MEETING DATE: 05/09/2007
TICKER: CF     SECURITY ID: 125269100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT C. ARZBAECHER AS A DIRECTOR	Management	For	For
1. 2	ELECT EDWARD A. SCHMITT AS A DIRECTOR	Management	For	For
2	TO RATIFY THE SELECTION OF KPMG LLP AS CF INDUSTRIES HOLDINGS, INC 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: CHAPARRAL STEEL COMPANY MEETING DATE: 08/29/2006
TICKER: CHAP     SECURITY ID: 159423102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT EUGENIO CLARIOND AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT JOSEPH D. MAHAFFEY AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT ELIZABETH C. WILLIAMS AS A DIRECTOR	Management	For	Withhold
2	TO RATIFY THE AMENDED AND RESTATED 2005 OMNIBUS EQUITY COMPENSATION PLAN	Management	For	Against
3	TO APPROVE THE 2006 OMNIBUS 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: CHEMTURA CORPORATION MEETING DATE: 04/25/2007
TICKER: CEM     SECURITY ID: 163893100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MARTIN M. HALE AS A DIRECTOR	Management	For	For
1. 2	ELECT C.A. (LANCE) PICCOLO AS A DIRECTOR	Management	For	For
1. 3	ELECT BRUCE F. WESSON 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: COALCORP MINING INC MEETING DATE: 10/17/2006
TICKER: --     SECURITY ID: ADPV09476
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECT THE DIRECTORS	Management	For	For
2	APPOINT DELOITTE & TOUCHE LLP AS THE AUDITORS OF THE CORPORATION FOR THE ENSUING YEAR AND AUTHORIZE THE DIRECTORS TO FIX THEIR REMUNERATION	Management	For	For
3	ANY OTHER BUSINESS	Management	For	Abstain
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: COALCORP MINING INC MEETING DATE: 05/30/2007
TICKER: --     SECURITY ID: ADPV09476
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE, SUBJECT TO THE APPROVAL OF THE TORONTO STOCK EXCHANGE, THE CONSOLIDATION OF THE CORPORATION S ISSUED AND OUTSTANDING COMMON SHARES ON A 1-FOR-7 BASIS	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: COMPANHIA VALE DO RIO DOCE MEETING DATE: 04/27/2007
TICKER: RIO     SECURITY ID: 204412209
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPRECIATION OF THE MANAGEMENTS REPORT AND ANALYSIS, DISCUSSION AND VOTE ON THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2006.	Management	For	For
2	PROPOSAL FOR THE DESTINATION OF PROFITS OF THE SAID FISCAL YEAR AND APPROVAL OF THE INVESTMENT BUDGET OF THE COMPANY.	Management	For	For
3	APPOINTMENT OF THE MEMBERS OF THE BOARD OF DIRECTORS.	Management	For	For
4	APPOINTMENT OF THE MEMBERS OF THE FISCAL COUNCIL.	Management	For	For
5	ESTABLISHMENT OF THE REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS, THE BOARD OF EXECUTIVE OFFICERS AND THE FISCAL COUNCIL.	Management	For	For
6	PROPOSAL FOR THE CAPITAL INCREASE, THROUGH CAPITALIZATION OF RESERVES, WITHOUT THE ISSUANCE OF SHARES, AND THE CONSEQUENT CHANGE OF THE HEAD OF ARTICLE 5 OF THE COMPANY S BY-LAWS.	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: CROWN HOLDINGS, INC. MEETING DATE: 04/26/2007
TICKER: CCK     SECURITY ID: 228368106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JENNE K. BRITELL AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN W. CONWAY AS A DIRECTOR	Management	For	For
1. 3	ELECT ARNOLD W. DONALD AS A DIRECTOR	Management	For	For
1. 4	ELECT WILLIAM G. LITTLE AS A DIRECTOR	Management	For	For
1. 5	ELECT HANS J. LOLIGER AS A DIRECTOR	Management	For	For
1. 6	ELECT THOMAS A. RALPH AS A DIRECTOR	Management	For	For
1. 7	ELECT HUGUES DU ROURET AS A DIRECTOR	Management	For	For
1. 8	ELECT ALAN W. RUTHERFORD AS A DIRECTOR	Management	For	For
1. 9	ELECT JIM L. TURNER AS A DIRECTOR	Management	For	For
1. 10	ELECT WILLIAM S. URKIEL AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF INDEPENDENT AUDITORS FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007, WHICH THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS.	Management	For	For
3	TO CONSIDER AND ACT UPON A SHAREHOLDER S PROPOSAL REGARDING MANAGEMENT REMUNERATION, WHICH PROPOSAL THE BOARD OF DIRECTORS UNANIMOUSLY OPPOSES.	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: CYTEC INDUSTRIES INC. MEETING DATE: 04/19/2007
TICKER: CYT     SECURITY ID: 232820100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CHRIS A. DAVIS AS A DIRECTOR	Management	For	For
1. 2	ELECT LOUIS L. HOYNES, JR. AS A DIRECTOR	Management	For	For
1. 3	ELECT WILLIAM P. POWELL AS A DIRECTOR	Management	For	For
2	RATIFICATION OF KPMG LLP AS THE COMPANY S AUDITORS FOR 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: DEERE & COMPANY MEETING DATE: 02/28/2007
TICKER: DE     SECURITY ID: 244199105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: ROBERT W. LANE	Management	For	For
2	ELECTION OF DIRECTOR: ANTONIO MADERO B.	Management	For	For
3	ELECTION OF DIRECTOR: AULANA L. PETERS	Management	For	For
4	RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 2007	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: E. I. DU PONT DE NEMOURS AND COMPANY MEETING DATE: 04/25/2007
TICKER: DD     SECURITY ID: 263534109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT RICHARD H. BROWN AS A DIRECTOR	Management	For	For
1. 2	ELECT ROBERT A. BROWN AS A DIRECTOR	Management	For	For
1. 3	ELECT BERTRAND P. COLLOMB AS A DIRECTOR	Management	For	For
1. 4	ELECT CURTIS J. CRAWFORD AS A DIRECTOR	Management	For	For
1. 5	ELECT JOHN T. DILLON AS A DIRECTOR	Management	For	For
1. 6	ELECT ELEUTHERE I. DU PONT AS A DIRECTOR	Management	For	For
1. 7	ELECT CHARLES O. HOLLIDAY, JR AS A DIRECTOR	Management	For	For
1. 8	ELECT LOIS D. JULIBER AS A DIRECTOR	Management	For	For
1. 9	ELECT MASAHISA NAITOH AS A DIRECTOR	Management	For	For
1. 10	ELECT SEAN O'KEEFE AS A DIRECTOR	Management	For	For
1. 11	ELECT WILLIAM K. REILLY AS A DIRECTOR	Management	For	For
2	ON RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
3	ON DUPONT EQUITY AND INCENTIVE PLAN	Management	For	Against
4	ON GENETICALLY MODIFIED FOOD	Shareholder	Against	Abstain
5	ON PLANT CLOSURE	Shareholder	Against	Abstain
6	ON REPORT ON PFOA	Shareholder	Against	Abstain
7	ON COSTS	Shareholder	Against	Abstain
8	ON GLOBAL WARMING	Shareholder	Against	Abstain
9	ON CHEMICAL FACILITY SECURITY	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: GOLDCORP INC, VANCOUVER BC MEETING DATE: 05/02/2007
TICKER: --     SECURITY ID: 380956409
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	AUTHORIZE THE DIRECTORS TO DETERMINE THE NUMBER OF DIRECTORS OF THE COMPANY WITHIN THE MINIMUM AND MAXIMUM NUMBER SET FORTH IN THE ARTICLES AND THE NUMBER OF DIRECTORS OF THE COMPANY TO BE ELECTED AT THE ANNUAL MEETING OF SHAREHOLDERS OF THE COMPANY, AS SPECIFIED	Management	For	For
2	ELECT MR. IAN W. TELFER AS A DIRECTOR	Management	For	For
3	ELECT MR. DOUGLAS M. HOLTBY AS A DIRECTOR	Management	For	For
4	ELECT MR. C. KEVIN MCARTHUR AS A DIRECTOR	Management	For	For
5	ELECT MR. JOHN P. BELL AS A DIRECTOR	Management	For	For
6	ELECT MR. LAWRENCE I. BELL AS A DIRECTOR	Management	For	For
7	ELECT MR. BEVERLEY BRISCOE AS A DIRECTOR	Management	For	For
8	ELECT MR. PETER DEY AS A DIRECTOR	Management	For	For
9	ELECT MR. P. RANDY REIFEL AS A DIRECTOR	Management	For	For
10	ELECT MR. A. DAN ROVIG AS A DIRECTOR	Management	For	For
11	ELECT MR. KENNETH F. WILLIAMSON AS A DIRECTOR	Management	For	For
12	APPOINT DELOITTE & TOUCHE LLP, CHARTERED ACCOUNTANT AS THE AUDITORS AND AUTHORIZE THE DIRECTORS TO FIX THEIR REMUNERATION	Management	For	For
13	AMEND THE COMPANY S 2005 STOCK OPTION PLAN AS SPECIFIED	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: GRANITE CONSTRUCTION INCORPORATED MEETING DATE: 05/21/2007
TICKER: GVA     SECURITY ID: 387328107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT WILLIAM G. DOREY AS A DIRECTOR	Management	For	For
1. 2	ELECT REBECCA A. MCDONALD AS A DIRECTOR	Management	For	For
1. 3	ELECT WILLIAM H. POWELL AS A DIRECTOR	Management	For	For
1. 4	ELECT CLAES G. BJORK AS A DIRECTOR	Management	For	For
2	TO AMEND GRANITE S BYLAWS TO PROVIDE THAT IN UNCONTESTED ELECTIONS DIRECTOR NOMINEES BE ELECTED BY AFFIRMATIVE VOTE OF THE MAJORITY OF VOTES CAST AT THE ANNUAL MEETING OF SHAREHOLDERS.	Management	For	For
3	TO RATIFY THE APPOINTMENT BY GRANITE S AUDIT/COMPLIANCE COMMITTEE OF PRICEWATERHOUSECOOPERS LLP AS GRANITE 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: INCO LIMITED MEETING DATE: 09/07/2006
TICKER: INCLF     SECURITY ID: 453258402
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	THE SPECIAL RESOLUTION AUTHORIZING, APPROVING AND ADOPTING, AMONG OTHER THINGS, THE ARRANGEMENT UNDER SECTION 192 OF THE CANADA BUSINESS CORPORATIONS ACT INVOLVING THE INDIRECT ACQUISITION BY PHELPS DODGE CORPORATION OF ALL THE OUTSTANDING COMMON SHARES OF THE COMPANY, IN THE FORM ATTACHED AS APPENDIX A TO THE PROXY CIRCULAR AND STATEMENT.	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: INCO LTD MEETING DATE: 09/07/2006
TICKER: --     SECURITY ID: 453258402
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE AND ADOPT THE ARRANGEMENT UNDER SECTION 192 OF THE CANADA BUSINESS CORPORATIONS ACT INVOLVING THE INDIRECT ACQUISITION BY PHELPS DODGE CORPORATION OF ALL THE OUTSTANDING COMMON SHARES OF THE COMPANY, AS SPECIFIED	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: INTERNATIONAL PAPER COMPANY MEETING DATE: 05/07/2007
TICKER: IP     SECURITY ID: 460146103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DAVID J. BRONCZEK AS A DIRECTOR	Management	For	For
1. 2	ELECT MARTHA F. BROOKS AS A DIRECTOR	Management	For	For
1. 3	ELECT LYNN LAVERTY ELSENHANS AS A DIRECTOR	Management	For	For
1. 4	ELECT JOHN L. TOWNSEND, III AS A DIRECTOR	Management	For	For
2	RATIFICATION OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
3	SHAREHOLDER PROPOSAL CONCERNING MAJORITY VOTING.	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: LYONDELL CHEMICAL COMPANY MEETING DATE: 05/03/2007
TICKER: LYO     SECURITY ID: 552078107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT CAROL A. ANDERSON AS A DIRECTOR	Management	For	For
1. 2	ELECT SUSAN K. CARTER AS A DIRECTOR	Management	For	For
1. 3	ELECT STEPHEN I. CHAZEN AS A DIRECTOR	Management	For	For
1. 4	ELECT TRAVIS ENGEN AS A DIRECTOR	Management	For	For
1. 5	ELECT PAUL S. HALATA AS A DIRECTOR	Management	For	For
1. 6	ELECT DANNY W. HUFF AS A DIRECTOR	Management	For	For
1. 7	ELECT DAVID J. LESAR AS A DIRECTOR	Management	For	For
1. 8	ELECT DAVID J.P. MEACHIN AS A DIRECTOR	Management	For	For
1. 9	ELECT DANIEL J. MURPHY AS A DIRECTOR	Management	For	For
1. 10	ELECT DAN F. SMITH AS A DIRECTOR	Management	For	For
1. 11	ELECT WILLIAM R. SPIVEY AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM, AS THE COMPANY S AUDITORS FOR THE YEAR 2007.	Management	For	For
3	SHAREHOLDER PROPOSAL REGARDING A POLITICAL CONTRIBUTION REPORT.	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: MARTIN MARIETTA MATERIALS, INC. MEETING DATE: 05/22/2007
TICKER: MLM     SECURITY ID: 573284106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT MARCUS C. BENNETT AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT LAREE E. PEREZ AS A DIRECTOR	Management	For	Withhold
1. 3	ELECT DENNIS L. REDIKER AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT AUDITORS.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MEADWESTVACO CORPORATION MEETING DATE: 04/30/2007
TICKER: MWV     SECURITY ID: 583334107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES M. KILTS AS A DIRECTOR	Management	For	For
1. 2	ELECT DOUGLAS S. LUKE AS A DIRECTOR	Management	For	For
1. 3	ELECT ROBERT C. MCCORMACK AS A DIRECTOR	Management	For	For
1. 4	ELECT EDWARD M. STRAW AS A DIRECTOR	Management	For	For
1. 5	ELECT JANE L. WARNER AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
3	STOCKHOLDER PROPOSAL TO AMEND THE COMPANY S CORPORATE GOVERNANCE DOCUMENTS TO PROVIDE FOR THE ELECTION OF DIRECTORS BY MAJORITY VOTE.	Shareholder	Against	For
4	STOCKHOLDER PROPOSAL TO REDEEM THE COMPANY S SHAREHOLDER RIGHTS PLAN.	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: MERIDIAN GOLD INC MEETING DATE: 05/01/2007
TICKER: --     SECURITY ID: 589975101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECT MR. EDWARD C. DOWLING AS A DIRECTOR	Management	For	For
2	ELECT MR. RICHARD P. GRAFF AS A DIRECTOR	Management	For	For
3	ELECT MR. BRIAN J. KENNEDY AS A DIRECTOR	Management	For	For
4	ELECT MR. ROBERT A. HORN AS A DIRECTOR	Management	For	For
5	ELECT MR. CHRISTOPHER R. LATTANZI AS A DIRECTOR	Management	For	For
6	ELECT MR. MALCOLM W. MACNAUGHT AS A DIRECTOR	Management	For	For
7	ELECT MR. GERARD E. MUNERA AS A DIRECTOR	Management	For	For
8	ELECT MR. CARL L. RENZONI AS A DIRECTOR	Management	For	For
9	APPOINT KPMG LLP AS AUDITORS OF THE CORPORATION AND AUTHORIZE THE BOARD OF DIRECTORS TO FIX THEIR REMUNERATION	Management	For	For
10	APPROVE THE 2007 SHARE 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: MINERALS TECHNOLOGIES INC. MEETING DATE: 05/23/2007
TICKER: MTX     SECURITY ID: 603158106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOSEPH C. MUSCARI AS A DIRECTOR	Management	For	For
1. 2	ELECT WILLIAM C. STIVERS AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: MONSANTO COMPANY MEETING DATE: 01/17/2007
TICKER: MON     SECURITY ID: 61166W101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT FRANK V. ATLEE III AS A DIRECTOR	Management	For	For
1. 2	ELECT ARTHUR H. HARPER AS A DIRECTOR	Management	For	For
1. 3	ELECT GWENDOLYN S. KING AS A DIRECTOR	Management	For	For
1. 4	ELECT SHARON R. LONG, PH.D. AS A DIRECTOR	Management	For	For
2	RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
3	APPROVAL OF SHAREOWNER 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: NALCO HOLDING COMPANY MEETING DATE: 05/03/2007
TICKER: NLC     SECURITY ID: 62985Q101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DR. WILLIAM H. JOYCE AS A DIRECTOR	Management	For	Withhold
1. 2	ELECT MR. RODNEY F. CHASE AS A DIRECTOR	Management	For	Withhold
2	RATIFICATION OF APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
3	APPROVAL OF THE AMENDED AND RESTATED NALCO HOLDING COMPANY 2004 STOCK 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: NOVELIS INC MEETING DATE: 10/26/2006
TICKER: --     SECURITY ID: 67000X106
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	PLEASE NOTE THAT THIS IS AN AGM. THANK YOU	N/A	N/A	N/A
2	ELECT MR. WILLIAM T. MONAHAN AS A DIRECTOR	Management	For	For
3	ELECT MR. EDWARD A. BLECHSCHMIDT AS A DIRECTOR	Management	For	For
4	ELECT MR. JACQUES BOUGIE, O.C. AS A DIRECTOR	Management	For	For
5	ELECT MR. CHARLES G. CAVELL AS A DIRECTOR	Management	For	For
6	ELECT MR. CLARENCE J. CHANDRAN AS A DIRECTOR	Management	For	For
7	ELECT MR. C. ROBERTO CORDARO AS A DIRECTOR	Management	For	For
8	ELECT MR. HELMUT ESCHWEY AS A DIRECTOR	Management	For	For
9	ELECT MR. DAVID J. FITZPATRICK AS A DIRECTOR	Management	For	For
10	ELECT MS. SUZANNE LABARGE AS A DIRECTOR	Management	For	For
11	ELECT MR. RUDOLF RUPPRECHT AS A DIRECTOR	Management	For	For
12	ELECT MR. KEVIN M. TWOMEY AS A DIRECTOR	Management	For	For
13	ELECT MR. JOHN D. WATSON AS A DIRECTOR	Management	For	For
14	ELECT MR. EDWARD V. YANG AS A DIRECTOR	Management	For	For
15	APPOINT PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM AND AUTHORIZE THE DIRECTORS TO FIX REMUNERATION	Management	For	For
16	APPROVE THE NOVELIS INC. 2006 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: NUCOR CORPORATION MEETING DATE: 05/10/2007
TICKER: NUE     SECURITY ID: 670346105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DANIEL R. DIMICCO AS A DIRECTOR	Management	For	For
1. 2	ELECT J.D. HLAVACEK, PH.D. AS A DIRECTOR	Management	For	For
1. 3	ELECT RAYMOND J. MILCHOVICH AS A DIRECTOR	Management	For	For
2	RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS NUCOR S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2007	Management	For	For
3	STOCKHOLDER 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: OWENS-ILLINOIS, INC. MEETING DATE: 05/09/2007
TICKER: OI     SECURITY ID: 690768403
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ALBERT P.L. STROUCKEN AS A DIRECTOR	Management	For	For
1. 2	ELECT DENNIS K. WILLIAMS AS A DIRECTOR	Management	For	For
1. 3	ELECT THOMAS L. YOUNG AS A DIRECTOR	Management	For	For
2	RATIFY THE SELECTION OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: PACKAGING CORPORATION OF AMERICA MEETING DATE: 05/24/2007
TICKER: PKG     SECURITY ID: 695156109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT HENRY F. FRIGON AS A DIRECTOR	Management	For	For
1. 2	ELECT LOUIS A. HOLLAND AS A DIRECTOR	Management	For	For
1. 3	ELECT SAMUEL M. MENCOFF AS A DIRECTOR	Management	For	For
1. 4	ELECT ROGER B. PORTER AS A DIRECTOR	Management	For	For
1. 5	ELECT THOMAS S. SOULELES AS A DIRECTOR	Management	For	For
1. 6	ELECT PAUL T. STECKO AS A DIRECTOR	Management	For	For
1. 7	ELECT RAYFORD K. WILLIAMSON AS A DIRECTOR	Management	For	For
2	PROPOSAL TO RATIFY APPOINTMENT OF ERNST & YOUNG LLP AS THE 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: PACTIV CORP. MEETING DATE: 05/18/2007
TICKER: PTV     SECURITY ID: 695257105
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: LARRY D. BRADY	Management	For	Against
2	ELECTION OF DIRECTOR: K. DANE BROOKSHER	Management	For	Against
3	ELECTION OF DIRECTOR: ROBERT J. DARNALL	Management	For	Against
4	ELECTION OF DIRECTOR: MARY R. (NINA) HENDERSON	Management	For	Against
5	ELECTION OF DIRECTOR: N. THOMAS LINEBARGER	Management	For	Against
6	ELECTION OF DIRECTOR: ROGER B. PORTER	Management	For	Against
7	ELECTION OF DIRECTOR: RICHARD L. WAMBOLD	Management	For	Against
8	ELECTION OF DIRECTOR: NORMAN H. WESLEY	Management	For	Against
9	RATIFY THE SELECTION OF ERNST & YOUNG LLP AS 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: PHELPS DODGE CORPORATION MEETING DATE: 03/14/2007
TICKER: PD     SECURITY ID: 717265102
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE AND ADOPT THE AGREEMENT AND PLAN OF MERGER, DATED AS OF NOVEMBER 18, 2006, AMONG FREEPORT-MCMORAN COPPER AND GOLD INC., PHELPS DODGE CORPORATION AND PANTHER ACQUISITION CORPORATION, AS AMENDED.	Management	For	For
2	APPROVE THE ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY, TO PERMIT SOLICITATION OF ADDITIONAL PROXIES IN FAVOR OF PROPOSAL 1.	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: POLARIS MINERALS CORP MEETING DATE: 06/07/2007
TICKER: --     SECURITY ID: 731074100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	APPROVE TO FIX THE NUMBER OF DIRECTORS AT 9	Management	For	For
2	ELECT MR. MARCO ROMERO AS A DIRECTOR	Management	For	For
3	ELECT MR. ROMAN SHKLANKA AS A DIRECTOR	Management	For	For
4	ELECT MR. R. STUART ANGUS AS A DIRECTOR	Management	For	For
5	ELECT MR. ROBERT M. EDSEL AS A DIRECTOR	Management	For	For
6	ELECT MR. TERRENCE A. LYONS AS A DIRECTOR	Management	For	For
7	ELECT MR. GARY D. NORDIN AS A DIRECTOR	Management	For	For
8	ELECT MR. JOHN H. PURKIS AS A DIRECTOR	Management	For	For
9	ELECT MR. DAVID F. SINGLETON AS A DIRECTOR	Management	For	For
10	ELECT MR. PAUL B. SWEENEY AS A DIRECTOR	Management	For	Against
11	APPOINT PRICEWATERHOUSECOOPERS AS THE AUDITORS OF THE COMPANY	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: POTASH CORP SASK INC MEETING DATE: 05/03/2007
TICKER: --     SECURITY ID: 73755L107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECT MR. F.J. BLESI AS A DIRECTOR	Management	For	For
2	ELECT MR. W.J. DOYLE AS A DIRECTOR	Management	For	For
3	ELECT MR. J.W. ESTEY AS A DIRECTOR	Management	For	For
4	ELECT MR. W. FETZER III AS A DIRECTOR	Management	For	For
5	ELECT MR. D.J. HOWE AS A DIRECTOR	Management	For	For
6	ELECT MR. A.D. LABERGE AS A DIRECTOR	Management	For	For
7	ELECT MR. K.G. MARTELL AS A DIRECTOR	Management	For	For
8	ELECT MR. J.J. MCCAIG AS A DIRECTOR	Management	For	For
9	ELECT MR. M. MOGFORD AS A DIRECTOR	Management	For	For
10	ELECT MR. P.J. SCHOENHALS AS A DIRECTOR	Management	For	For
11	ELECT MR. E.R. STROMBERG AS A DIRECTOR	Management	For	For
12	ELECT MR. E. VIYELLA DE PALIZA AS A DIRECTOR	Management	For	For
13	APPOINT DELOITTE & TOUCHE LLP AS THE AUDITORS OF THE CORPORATION	Management	For	For
14	ADOPT A NEW PERFORMANCE OPTION 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: POTASH CORPORATION OF SASKATCHEWAN I MEETING DATE: 05/03/2007
TICKER: POT     SECURITY ID: 73755L107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT F.J. BLESI AS A DIRECTOR	Management	For	For
1. 2	ELECT W.J. DOYLE AS A DIRECTOR	Management	For	For
1. 3	ELECT J.W. ESTEY AS A DIRECTOR	Management	For	For
1. 4	ELECT W. FETZER III AS A DIRECTOR	Management	For	For
1. 5	ELECT D.J. HOWE AS A DIRECTOR	Management	For	For
1. 6	ELECT A.D. LABERGE AS A DIRECTOR	Management	For	For
1. 7	ELECT K.G. MARTELL AS A DIRECTOR	Management	For	For
1. 8	ELECT J.J. MCCAIG AS A DIRECTOR	Management	For	For
1. 9	ELECT M. MOGFORD AS A DIRECTOR	Management	For	For
1. 10	ELECT P.J. SCHOENHALS AS A DIRECTOR	Management	For	For
1. 11	ELECT E.R. STROMBERG AS A DIRECTOR	Management	For	For
1. 12	ELECT E. VIYELLA DE PALIZA AS A DIRECTOR	Management	For	For
2	THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS AUDITORS OF THE CORPORATION	Management	For	For
3	THE RESOLUTION (ATTACHED AS APPENDIX B TO THE ACCOMPANYING MANAGEMENT PROXY CIRCULAR) APPROVING THE ADOPTION OF A NEW PERFORMANCE OPTION PLAN, THE FULL TEXT OF WHICH IS ATTACHED AS APPENDIX C TO THE ACCOMPANYING MANAGEMENT PROXY CIRCULAR.	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: PPG INDUSTRIES, INC. MEETING DATE: 04/19/2007
TICKER: PPG     SECURITY ID: 693506107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES G. BERGES AS A DIRECTOR	Management	For	For
1. 2	ELECT ERROLL B. DAVIS, JR. AS A DIRECTOR	Management	For	For
1. 3	ELECT VICTORIA F. HAYNES AS A DIRECTOR	Management	For	For
2	PROPOSAL TO ENDORSE THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.	Management	For	For
3	PROPOSAL TO IMPLEMENT A MAJORITY VOTE STANDARD FOR THE ELECTION OF DIRECTORS IN UNCONTESTED ELECTIONS, RETAINING A PLURALITY VOTE STANDARD IN CONTESTED ELECTIONS.	Management	For	For
4	PROPOSAL TO ELIMINATE CUMULATIVE VOTING IN ALL ELECTIONS OF DIRECTORS.	Management	For	For
5	SHAREHOLDER PROPOSAL RELATED TO FUTURE SEVERANCE AGREEMENTS WITH SENIOR EXECUTIVES.	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: PRAXAIR, INC. MEETING DATE: 04/24/2007
TICKER: PX     SECURITY ID: 74005P104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JOSE P. ALVES AS A DIRECTOR	Management	For	For
1. 2	ELECT RONALD L. KUEHN, JR. AS A DIRECTOR	Management	For	For
1. 3	ELECT H. MITCHELL WATSON, JR. AS A DIRECTOR	Management	For	For
1. 4	ELECT ROBERT L. WOOD AS A DIRECTOR	Management	For	For
2	SHAREHOLDER PROPOSAL REGARDING DIRECTOR ELECTION PROCESS.	Shareholder	Against	For
3	SHAREHOLDER PROPOSAL REGARDING STOCKHOLDER RIGHTS PLAN VOTE.	Shareholder	Against	Against
4	PROPOSAL TO RATIFY THE APPOINTMENT OF THE 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: RIO TINTO PLC MEETING DATE: 04/13/2007
TICKER: RTP     SECURITY ID: 767204100
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	AUTHORITY TO ALLOT RELEVANT SECURITIES UNDER SECTION 80 OF THE COMPANIES ACT 1985	Management	For	For
2	AUTHORITY TO ALLOT EQUITY SECURITIES FOR CASH UNDER SECTION 89 OF THE COMPANIES ACT 1985	Management	For	For
3	AUTHORITY TO PURCHASE RIO TINTO PLC SHARES BY THE COMPANY OR RIO TINTO LIMITED	Management	For	For
4	TO APPROVE AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY AND THE CONSTITUTION OF RIO TINTO LIMITED	Management	For	For
5	ELECTION OF MICHAEL FITZPATRICK	Management	For	For
6	RE-ELECTION OF ASHTON CALVERT	Management	For	For
7	RE-ELECTION OF GUY ELLIOTT	Management	For	For
8	RE-ELECTION OF LORD KERR	Management	For	For
9	RE-ELECTION OF SIR RICHARD SYKES	Management	For	For
10	RE-APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS AUDITORS OF RIO TINTO PLC AND TO AUTHORISE THE AUDIT COMMITTEE TO DETERMINE THEIR REMUNERATION	Management	For	For
11	APPROVAL OF THE REMUNERATION REPORT	Management	For	For
12	TO RECEIVE THE FINANCIAL STATEMENTS AND THE REPORTS OF THE DIRECTORS AND AUDITORS FOR THE YEAR ENDED 31 DECEMBER 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: ROHM AND HAAS COMPANY MEETING DATE: 05/07/2007
TICKER: ROH     SECURITY ID: 775371107
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1	ELECTION OF DIRECTOR: W.J. AVERY	Management	For	For
2	ELECTION OF DIRECTOR: R.L. GUPTA	Management	For	For
3	ELECTION OF DIRECTOR: D.W. HAAS	Management	For	For
4	ELECTION OF DIRECTOR: T.W. HAAS	Management	For	For
5	ELECTION OF DIRECTOR: R.L. KEYSER	Management	For	For
6	ELECTION OF DIRECTOR: R.J. MILLS	Management	For	For
7	ELECTION OF DIRECTOR: S.O. MOOSE	Management	For	For
8	ELECTION OF DIRECTOR: G.S. OMENN	Management	For	For
9	ELECTION OF DIRECTOR: G.L. ROGERS	Management	For	For
10	ELECTION OF DIRECTOR: R.H. SCHMITZ	Management	For	For
11	ELECTION OF DIRECTOR: G.M. WHITESIDES	Management	For	For
12	ELECTION OF DIRECTOR: M.C. WHITTINGTON	Management	For	For
13	RATIFICATION OF PRICEWATERHOUSECOOPERS LLP AS ROHM AND HAAS 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: SIGMA-ALDRICH CORPORATION MEETING DATE: 05/01/2007
TICKER: SIAL     SECURITY ID: 826552101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT NINA V. FEDOROFF AS A DIRECTOR	Management	For	For
1. 2	ELECT DAVID R. HARVEY AS A DIRECTOR	Management	For	For
1. 3	ELECT W. LEE MCCOLLUM AS A DIRECTOR	Management	For	For
1. 4	ELECT JAI P. NAGARKATTI AS A DIRECTOR	Management	For	For
1. 5	ELECT AVI M. NASH AS A DIRECTOR	Management	For	For
1. 6	ELECT WILLIAM C. O'NEIL, JR. AS A DIRECTOR	Management	For	For
1. 7	ELECT STEVEN M. PAUL AS A DIRECTOR	Management	For	For
1. 8	ELECT J. PEDRO REINHARD AS A DIRECTOR	Management	For	For
1. 9	ELECT TIMOTHY R.G. SEAR AS A DIRECTOR	Management	For	For
1. 10	ELECT D. DEAN SPATZ AS A DIRECTOR	Management	For	For
1. 11	ELECT BARRETT A. TOAN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS THE COMPANY S INDEPENDENT REGISTERED 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: SILGAN HOLDINGS INC. MEETING DATE: 05/31/2007
TICKER: SLGN     SECURITY ID: 827048109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT R. PHILIP SILVER AS A DIRECTOR	Management	For	For
1. 2	ELECT WILLIAM C. JENNINGS AS A DIRECTOR	Management	For	For
2	TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: SMURFIT-STONE CONTAINER CORPORATION MEETING DATE: 05/09/2007
TICKER: SSCC     SECURITY ID: 832727101
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES R. BORIS AS A DIRECTOR	Management	For	For
1. 2	ELECT CONNIE K. DUCKWORTH AS A DIRECTOR	Management	For	For
1. 3	ELECT ALAN E. GOLDBERG AS A DIRECTOR	Management	For	For
1. 4	ELECT WILLIAM T. LYNCH, JR. AS A DIRECTOR	Management	For	For
1. 5	ELECT PATRICK J. MOORE AS A DIRECTOR	Management	For	For
1. 6	ELECT JAMES J. O'CONNOR AS A DIRECTOR	Management	For	For
1. 7	ELECT JERRY K. PEARLMAN AS A DIRECTOR	Management	For	For
1. 8	ELECT THOMAS A. REYNOLDS, III AS A DIRECTOR	Management	For	For
1. 9	ELECT EUGENE C. SIT AS A DIRECTOR	Management	For	For
1. 10	ELECT WILLIAM D. SMITHBURG AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 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: THE DOW CHEMICAL COMPANY MEETING DATE: 05/10/2007
TICKER: DOW     SECURITY ID: 260543103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ARNOLD A. ALLEMANG AS A DIRECTOR	Management	For	For
1. 2	ELECT JACQUELINE K. BARTON AS A DIRECTOR	Management	For	For
1. 3	ELECT JAMES A. BELL AS A DIRECTOR	Management	For	For
1. 4	ELECT JEFF M. FETTIG AS A DIRECTOR	Management	For	For
1. 5	ELECT BARBARA H. FRANKLIN AS A DIRECTOR	Management	For	For
1. 6	ELECT JOHN B. HESS AS A DIRECTOR	Management	For	For
1. 7	ELECT ANDREW N. LIVERIS AS A DIRECTOR	Management	For	For
1. 8	ELECT GEOFFERY E. MERSZEI AS A DIRECTOR	Management	For	For
1. 9	ELECT WITHDRAWN AS A DIRECTOR	Management	For	For
1. 10	ELECT JAMES M. RINGLER AS A DIRECTOR	Management	For	For
1. 11	ELECT RUTH G. SHAW AS A DIRECTOR	Management	For	For
1. 12	ELECT PAUL G. STERN AS A DIRECTOR	Management	For	For
2	RATIFICATION OF THE APPOINTMENT OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.	Management	For	For
3	AMENDMENT OF THE RESTATED CERTIFICATE OF INCORPORATION.	Management	For	For
4	STOCKHOLDER PROPOSAL ON BHOPAL.	Shareholder	Against	Abstain
5	STOCKHOLDER PROPOSAL ON GENETICALLY ENGINEERED SEED.	Shareholder	Against	Abstain
6	STOCKHOLDER PROPOSAL ON ENVIRONMENTAL REMEDIATION IN THE MIDLAND AREA.	Shareholder	Against	Abstain
7	STOCKHOLDER PROPOSAL ON CHEMICALS WITH LINKS TO RESPIRATORY PROBLEMS.	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: UNITED STATES STEEL CORPORATION MEETING DATE: 04/24/2007
TICKER: X     SECURITY ID: 912909108
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT ROBERT J. DARNALL AS A DIRECTOR	Management	For	For
1. 2	ELECT JOHN G. DROSDICK AS A DIRECTOR	Management	For	For
1. 3	ELECT CHARLES R. LEE AS A DIRECTOR	Management	For	For
1. 4	ELECT JEFFREY M. LIPTON AS A DIRECTOR	Management	For	For
1. 5	ELECT GLENDA G. MCNEAL AS A DIRECTOR	Management	For	For
1. 6	ELECT PATRICIA A. TRACEY AS A DIRECTOR	Management	For	For
2	ELECTION OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: VULCAN MATERIALS COMPANY MEETING DATE: 05/11/2007
TICKER: VMC     SECURITY ID: 929160109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT DOUGLAS J. MCGREGOR AS A DIRECTOR	Management	For	For
1. 2	ELECT DONALD B. RICE AS A DIRECTOR	Management	For	For
1. 3	ELECT VINCENT J. TROSINO AS A DIRECTOR	Management	For	For
2	RATIFICATION OF DELOITTE & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE YEAR 2007.	Management	For	For
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

ISSUER NAME: WEYERHAEUSER COMPANY MEETING DATE: 04/19/2007
TICKER: WY     SECURITY ID: 962166104
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT STEVEN R. ROGEL AS A DIRECTOR	Management	For	For
1. 2	ELECT DEBRA A. CAFARO AS A DIRECTOR	Management	For	For
1. 3	ELECT RICHARD H. SINKFIELD AS A DIRECTOR	Management	For	For
1. 4	ELECT D. MICHAEL STEUERT AS A DIRECTOR	Management	For	For
1. 5	ELECT JAMES N. SULLIVAN AS A DIRECTOR	Management	For	For
1. 6	ELECT KIM WILLIAMS AS A DIRECTOR	Management	For	For
2	SHAREHOLDER PROPOSAL ON POLITICAL CONTRIBUTIONS	Shareholder	Against	Abstain
3	SHAREHOLDER PROPOSAL ON MAJORITY VOTE	Shareholder	Against	For
4	SHAREHOLDER PROPOSAL ON WOOD SUPPLY	Shareholder	Against	Abstain
5	APPROVAL, ON AN ADVISORY BASIS, OF THE APPOINTMENT OF 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.

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