BOSTON, March 12, 2004 -- Fidelity^® Nasdaq Composite^® Index Tracking Stock (NASDAQ: ONEQ) announced today that it will declare a quarterly income dividend payable to shareholders of record at the close of business on Tuesday, March 23, 2003. The amount of the dividend will be determined after the close of the market on Thursday, March 18, 2004. The dividend will be paid on Friday, March 26, 2004.

About Fidelity

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of $1.8 trillion, including managed assets of $1,004.7 billion as of January 31, 2004. 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.

Differences between the index and the ETF's portfolio, as well as costs and expenses, may cause differences in performance.

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.

Please consider the fund's investment objectives, risks, charges and expenses before investing. For this and other information, call or write to Fidelity or visit fidelity.com for a free prospectus. Read it carefully before you invest or send money.

Fidelity Distributors Corporation, 82 Devonshire Street, Boston, MA 02109