529 Plan Comparison Tool and 529 State Tax Deduction Calculator Now Available

BOSTON, May 1, 2008 - Fidelity Investments^® today announced that it has introduced two new online college planning tools on its College Planning Web Portal on Fidelity.com. The 529 Plan Comparison Tool and the 529 State Tax Deduction Calculator are now available to help families make more informed college planning decisions.

The 529 Plan Comparison Tool allows investors to conduct a side-by-side review of the features and benefits of 529 college savings plans. Investors simply enter their state of residence, select a 529 plan offered in that state, and choose up to four more 529 plans to compare and contrast information such as investment options, fees and expenses, rewards programs and contribution minimums.

The 529 State Tax Deduction Calculator helps investors determine if there is a significant tax advantage to investing in the 529 college savings plan offered in their state of residence. While withdrawals from 529 plans that are used for qualified higher education expenses are federal income tax-free, the Calculator can be used to determine the state income tax deduction available with specific 529 contributions. Fidelity's new online college planning tools are supported by Archimedes Systems, Inc.

"Customers are looking for help in trying to compare the investment options, associated costs and overall tax benefits of the more than 100 different 529 plans available in the market today," said Joe Ciccariello, vice president of college planning, Fidelity Personal & Workplace Investing. "Whether you are a Fidelity customer or not, our goal is to make it easier for every family to research and understand their college savings options, so they can make the right choices that will ensure a successful educational experience."

In addition, Fidelity redesigned its College Planning Web Portal, streamlining the content to make it easier for investors to navigate, find the information they are looking for, and learn more about the 529 plans managed by Fidelity.

Fidelity is a leading provider of 529 plans. The firm manages the UNIQUE College Investing Plan and the Fidelity Advisor 529 Plan for the State of New Hampshire, the U.Fund^® College Investing Plan for the Commonwealth of Massachusetts, the Delaware College Investment Plan, the Fidelity Arizona College Savings Plan, the ScholarShare^® College Savings Plan and the ScholarShare^® Advisor College Savings Plan for the State of California.

For more information on Fidelity-managed 529 Plans, investors may visit Fidelity's Web site at www.fidelity.com/college or call 1-800-544-1914.

About Fidelity Investments

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of more than $3.2 trillion, including managed assets of more than $1.5 trillion as of March 31, 2008. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to 24 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.

Fidelity Investments manages seven state-sponsored 529 Plans, all open to residents of any state. The ScholarShare^® College Savings Plan, the ScholarShare^® Advisor College Savings Plan, the U.Fund^®College Investing Plan, the UNIQUE College Investing Plan, the Fidelity Advisor 529 Plan, the Delaware College Investment Plan and the Fidelity Arizona College Savings Plan are offered by the ScholarShare Investment Board, an agency of the state of California, MEFA, the State of New Hampshire, the State of Delaware, and the Arizona Commission for Postsecondary Education, respectively, and managed by Fidelity Investments. If you or the designated beneficiary are not a California, Massachusetts, New Hampshire, Delaware, or Arizona resident, you may want to consider, before investing, whether your state or the designated beneficiary's home state offers its residents a Plan with alternate state tax advantages or other benefits.

Units of the portfolios are municipal securities and may be subject to market volatility and fluctuation.

Archimedes Systems, Inc. is an independent entity and not affiliated with Fidelity Investments.

Fidelity Investments is a registered trademark of FMR LLC.

Please carefully consider each Plan'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 Fact Kit or request a free Offering Statement from your advisor or through advisor.fidelity.com. Read it carefully before you invest or send money.

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Fidelity Brokerage Services LLC, Member NYSE, SIPC
100 Summer Street, Boston MA 02110