Fidelity Magellan Fund (FMAGX) - Mutual Funds from Fidelity Investments

Morningstar Ratings

as of 10/31/2009

	3 Year Morningstar Ratings
	5 Year Morningstar Ratings
	10 Year Morningstar Ratings
	Overall Morningstar Ratings

An overall rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating Metrics as of the date stated. The number of funds in the Large Growth category tracked by Morningstar was 1515 for the 3 year period and Overall Ranking; 1255 for the 5 year period; and 653 for the 10 year period. Please click on the question mark above for additional Morningstar information.

Lipper Ranking

as of 09/30/2009

1 Year	#681 out of 2807 Growth
5 Year	#1262 out of 1706 Growth
10 Year	#467 out of 706 Growth

The fund is ranked based on total return. Each fund is ranked within a universe of funds with similar investment objectives. Rankings include the reinvestment of dividends and capital gains but exclude the effect of a fund's sales load, if applicable. Lipper Inc. is a nationally recognized organization that ranks the performance of mutual funds.

Past performance is no guarantee of future results.

No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. However, the fund may charge a short-term trading or redemption fee to protect the interests of long-term shareholders of the fund. See Expenses & Fees for more information.

Fidelity Magellan Fund

Ratings (FMAGX)

Morningstar Ratings

Lipper Ranking (FMAGX)

Lipper Ranking