BOSTON, December 16, 2003 -- Fidelity^® Nasdaq Composite Index^® Tracking Stock (NASDAQ: ONEQ) announced today that it will declare a quarterly distribution payable to shareholders of record at the close of business on December 23, 2003. The amount of such distribution will be determined after the close of the market on December 18, 2003. The distribution will be paid on December 26, 2003.

Fidelity Investments^® is one of the world's largest providers of financial services, with custodied assets of $1.7 trillion, including managed assets of $940.3 billion as of October 31, 2003. Fidelity offers investment management, retirement planning, brokerage, human resources and benefits outsourcing services to 18 million individuals and institutions as well as through 5,500 financial intermediaries. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, one of the largest mutual fund supermarkets and a leading online brokerage firm. For more information about Fidelity Investments, visit www.Fidelity.com.

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The ETF may trade at a discount to NAV.

The ETF is managed by Fidelity Management and Research Co. NASDAQ is the listing market; licensor of the index and provides marketing services for the ETF.

Consistent with its investment objective, the ETF may hire or terminate money managers at any time without prior notification.

ETFs are subject to market fluctuations of their underlying investments.

NASDAQ®, NASDAQ Composite®, and NASDAQ Composite Index® are registered trademarks of The Nasdaq Stock Market, Inc. (which with its Affiliates are the "Corporations") and are licensed for use by Fidelity.

Fidelity Investments & Pyramid (design) is a registered trademark of FMR Corp. ONEQ is a trademark of FMR Corp.

For more complete information on Fidelity® Nasdaq Composite Index® Tracking Stock or Fidelity® Nasdaq Composite Index® Fund or any Fidelity fund, including fees and expenses, visit Fidelity.com or call any time at 800-FIDELITY for a free prospectus, which you should read carefully before you invest or send money.

Fidelity Distributors Corporation