Active Traders Gain No-Cost Access to Integrated and Easy-to-Use Strategic Trading Technology

BOSTON, Nov. 15, 2004 - Fidelity Investments today announced the introduction of Wealth-Lab Pro^TM, strategic trading technology that provides active traders¹ with unique portfolio-level simulation and drag-and-drop programming functionality to quickly and easily design, build, backtest and execute customized trading strategies².

Now fully integrated into Fidelity's Active Trader Pro^TM trading platform and market data, Wealth-Lab Pro was acquired from Chicago-based Wealth-Lab, Inc. in the spring and is available to customers who trade more than 120 times over a rolling 12-month period, at no extra charge.

"We're helping active traders gain an edge in the marketplace by trading more strategically, faster and easier than ever before," said Jeffrey R. Carney, president, Fidelity Personal Investments. "This comprehensive suite of professional-grade analysis tools enhances our already competitive offering and provides active traders with unsurpassed value."

Wealth-Lab Pro enables traders to easily build and test personalized trading systems though its core tool, ChartScripts - trading strategies written in the WealthScript programming language. While programmers can use this language to create original ChartScripts, non-programmers can use drag-anddrop "wizards" or select from 1,000 pre-programmed ChartScripts to easily craft trading strategies.

"Technical trading and analysis has traditionally been extremely expensive, complex and time-consuming for active traders," said Sanjiv Mirchandani, executive vice president of Fidelity Personal Investments. "Wealth-Lab Pro eliminates these barriers by helping active traders formulate, implement, and execute tested trading strategies without having to learn an entire programming language. And for the first time, they can do so at no additional cost."

In addition to ChartScripts, Wealth-Lab Pro also offers:

•		Free market data - 10 years of daily historical trading data from Fidelity plus 10 months intra-day minute bars.
•		Technical Indicators - a sophisticated and comprehensive drag-and-drop list, which includes Relative Strength Index, Moving Average Convergence Divergence, Average Direction Movement, Commodity Channel Index and Exponential Moving Average, that can be applied to a price series or another individual indicator.
•		Charting - using the technical indicators, traders can easily chart the performance of individual stocks over specified time periods, including intra-day.
•		Portfolio Analysis and Simulation - a trading simulation, including money management rules, that helps traders analyze an entire portfolio and back-test against an individual or list of securities.
•		Real-time scanning - monitors list of selected securities and alerts traders when market opportunities match trade execution strategies.
•		Automated trading - allows traders to execute trades "hands off" in real-time, based on selected market entrance and exit strategies.

The introduction of Wealth-Lab Pro strengthens Fidelity's comprehensive active trader offering, which includes $8 flat commissions³ and a dedicated team of experienced trading representatives. Active Trader Pro⁴, Fidelity's active trader platform, combines advanced trading with sophisticated portfolio management and exclusive decision making tools. Features include directed trading⁵, streaming market data and depth-of-book level II quotes, advanced technical filters and real-time and historical time and sales. Sophisticated trading functionality includes advanced online options capabilities and automated order types - contingent orders, one cancels the other, one triggers the other and trailing stops.

About Fidelity Investments

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of $1.9 trillion, including managed assets of $1.0 trillion as of October 31, 2004. Fidelity offers investment management, retirement planning, brokerage, human resources and benefits outsourcing services to more than 19 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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Fidelity Brokerage Services, LLC, Member NYSE, SIPC. 100 Summer Street, Boston, MA 02110

¹ Investors in households that place 120 stock, bond, or options trades in a rolling 12-month period, plus $30,000 in assets across their eligible Fidelity brokerage accounts are eligible for Active Trader Services.

² System availability and response times are subject to market conditions.

³ Eligible households pay $8 flat commissions (Gold Schedule) for online market and limit orders. Eligible household accounts are those which qualify for Active Trader Services or have $1M in assets. Some restrictions apply: Directed Trading orders, stocks trading under $1, Extended Hours trades are subject to the $8 base rate up to 1,000 shares plus $0.005 per share thereafter. Online stock trades for others may start at $19.95, see a Fidelity commission schedule for complete details on all pricing levels. Fidelity reserves the right to terminate an account at any time for abusive trading practices or any other reason.

⁴ Fidelity Active Trader Pro^® is available to those customers with annual household trading activity of 36 or more trades. Streaming watch lists, Dow Jones News, and static Level II quotes are available to customers with 72+ trades a year. Certain features including streaming Level II quotes, streaming interactive charting, time and sales data and directed trading are available to those customers with annual household trading activity of 120 or more trades.

⁵ Direct Trading orders directed to ECN or Exchange of customers choice. National Financial Services is the executing broker dealer.