News Release For Immediate Release
 
Fidelity Brokerage Company Launches Alternative Trading System For Clients

CrossStreamSM Anonymously Matches Trades
Against the Liquidity of Fidelity's $1.6 Trillion Brokerage Business

BOSTON, November 6, 2006 -- As part of an ongoing effort to offer its brokerage company clients advanced solutions needed to execute successful trading strategies, Fidelity Capital Markets Services, a unit of Fidelity Brokerage Company, today announced the availability of CrossStreamSM, a sophisticated alternative trading system (ATS). CrossStream anonymously matches brokerage clients' buy and sell orders against the diverse order flow of Fidelity Brokerage Company, without publishing bids and offers and before clients' orders ever hit the Street.

CrossStream helps Fidelity's institutional and retail brokerage clients find a natural match for their trades through the aggregated liquidity of one of the industry's largest brokerage firms with $1.6 trillion in assets under administration, 16.6 million client accounts and $3 billion of equity trading per day. Fidelity Brokerage Company serves millions of individual investors, 1,000 institutional firms, 350 correspondent broker/dealers and 3,200 registered investment advisors.1

"In today's competitive environment, keeping trading intentions private is critical to a firm's ability to minimize the market impact of their trades, while also improving execution quality," said Mark Haggerty, president, Fidelity Capital Markets Services. "CrossStream is a completely anonymous platform designed to let firms source liquidity with zero information leakage. As a non-quoted, non-displayed ATS, our new platform can help our clients trade large blocks of stock with less impact than would be likely in the public markets."

Run on advanced technology developed by Fidelity, CrossStream offers a range of order types, including market, limit, pegging, discretion, and minimum/maximum order quantity. CrossStream's sophisticated order-matching logic is conducted within the National Best Bid and Offer (NBBO) spread to help ensure quality executions with minimal market impact.

CrossStream is designed to offer users the ability to increase fill rates by providing access to both large, liquid securities that can be moved in bulk and a wide range of smaller, less-liquid issues that can be difficult to trade in the public markets.

"CrossStream is designed to offer our clients access to Fidelity Brokerage Company's significant order flow. And because we are an agency brokerage, users can be confident that their trading intentions will be kept private and that Fidelity Brokerage Company does not employ any competing proprietary trading strategies," said Haggerty.

About Fidelity Capital Markets Services

Fidelity Capital Markets Services, a division of National Financial LLC, is the institutional brokerage arm of Fidelity Brokerage Company, one of the nation's leading brokerage firms. Fidelity Capital Markets Services executes equity and fixed income trades, provides execution services in listed options and trades foreign exchange on behalf of a wide array of clients, including millions of individual investors, 1,000 institutional firms, 350 correspondent broker/dealers, 3,200 registered investment advisors and 16.6 million client accounts. The firm also has a full-service Syndicate and Prime Services desk. For more information about Fidelity Capital Markets Services, visit www.FidelityCapitalMarkets.com.

About Fidelity Investments

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of more than $2.7 trillion, including managed assets of over $1.3 trillion as of September 30, 2006. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 22 million individuals and institutions as well as through 5,500 financial intermediary firms. 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.

1As of September 30, 2006

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Clearing, custody, or other brokerage services may be provided by National Financial Services LLC or Fidelity Brokerage Services LLC. Member NYSE, SIPC

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