News Release For Immediate Release
 
Fidelity Expands High-Net-Worth Services By Connecting Customers With Select Independent Advisors

Wealth Advisor SolutionsSM Program Offers Wealth Management Experience
From Registered Investment Advisor Clients of Fidelity

BOSTON, December 14, 2006 -- Fidelity Investments today announced the introduction of Wealth Advisor SolutionsSM, an expansion of the wealth management services the company currently offers its high-net-worth customers. The program offers Fidelity's customers the ability to establish relationships with qualified, independent registered investment advisor (RIA) clients of Fidelity.

As an extension of Fidelity's guidance offering for high-net-worth investors, Wealth Advisor Solutions is designed for customers who seek the personalized service offered by fee-based advisors, as well as investment advice and access to a broad range of investment products and services. These products and services might include separately managed accounts, discretionary management using individual securities and wealth preservation, legacy planning and wealth transfer strategies. The new program, which will be integrated into Fidelity's consumer marketing efforts, builds on the company's nationwide Fidelity AdvisorAccess®program and initially will be available in San Francisco, Chicago and New England, with a full-scale rollout expected in 2007.

"Some of our clients want to work with an independent advisor to complement the guidance they receive from Fidelity, or to receive more personalized service for which they are willing to pay an advisory fee," said Gail Graham, senior vice president, Fidelity Personal Investments. "Working with Fidelity's Registered Investment Advisor business, we developed Wealth Advisor Solutions to be able to offer more choices to our clients, whether they are self-directed or seeking the help of an independent advisor, as their portfolios and personal needs become more complex."

As part of Wealth Advisor Solutions, customers may be introduced to a qualified independent advisor based on the complexity of their financial situation, the breadth of their total assets and their request to work with a financial advisor.

For advisors to qualify for the program, they must meet certain criteria involving a detailed evaluation of their business model, level of experience and the products and services they offer. Fidelity will continue to review those advisors in the program through an annual due diligence process.

"Registered Investment Advisors can be the answer for many of Fidelity's customers who are seeking wealth management expertise," said Scott Dell'Orfano, executive vice president, Fidelity Registered Investment Advisor Group. "Through Wealth Advisor Solutions, we have created a program designed to benefit everyone -- helping Fidelity's high-net-worth customers identify an advisor to help them meet their distinct financial needs, and helping our advisor clients expand their client base and grow their business."

The Wealth Advisor Solutions program includes a broad range of advisors with more diverse offerings that focus on wealth management. Fidelity also has developed a more robust needs-based profiling process to identify advisors that might be appropriate for a customer based on a review of the customer's investment discipline, product preference and requested services, such as trust and estate planning. The program utilizes a new client satisfaction program to help ensure a quality investor and advisor experience.

About Fidelity Registered Investment Advisor Group

Fidelity is a leading provider of wealth management, custody and brokerage services to financial intermediaries. The company custodies more than $228 billion in assets on behalf of approximately 3,300 RIAs and 170 bank trust and TPA firms, as of October 31, 2006. Fidelity provides access to a flexible, open technology environment, extensive practice management resources, and wealth management investments and services - all backed by the long-term commitment of a private company. Dedicated relationship professionals work consultatively to help clients choose the products and services that are in the best interests of their clients and make the most sense for their business. For more information about Fidelity's services, please visit http://ria.fidelity.com.

About Fidelity Investments

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of more than $2.8 trillion, including managed assets of $1.3 trillion as of October 31, 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, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit www.fidelity.com.

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Estate planning and tax information provided by Fidelity is general in nature and should not be considered legal or tax advice. Fidelity does not provide legal or tax advice. Clients should consult with an attorney or tax professional regarding any specific legal or tax situation.

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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