Fidelity Nasdaq Composite Index Tracking Stock to Declare Distribution

Business Wire, Sept 16, 2004

BOSTON -- Fidelity(R) Nasdaq Composite Index(R) Tracking Stock (NASDAQ: ONEQ) announced today that it will declare a quarterly distribution payable to shareholders of record at the close of business on September 21, 2004. The amount of such distribution will be determined after the close of the market on September 16, 2004. The dividend will be paid on September 23, 2004.

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 July 31, 2004. Fidelity offers investment management, retirement planning, brokerage, human resources and benefits outsourcing services to 21 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.

The ETF may trade at a discount to NAV.

Differences between the index and the ETF's portfolio, as well as costs and expenses, may cause differences in performance.

The ETF is managed by Fidelity Management and Research Co. NASDAQ is the listing market; licensor of the index and provides marketing services for the ETF. ETF shares are not individually redeemable from the fund.

Consistent with its investment objective, the ETF may hire or terminate money managers at any time without prior notification.

ETFs are subject to market fluctuations of their underlying investments.

NASDAQ(R), NASDAQ Composite(R), and NASDAQ Composite Index(R) are registered trademarks of The Nasdaq Stock Market, Inc. (which with its Affiliates are the "Corporations") and are licensed for use by Fidelity.

Fidelity Investments & Pyramid (design) is a registered trademark of FMR Corp. ONEQ is a trademark of FMR Corp.

Please carefully consider the Fidelity(R) Nasdaq Composite Index(R) Tracking Stocks investment objectives, risks, charges and expenses before investing. For this and other information, call 800-FIDELITY or write to Fidelity or visit fidelity.com for a free prospectus. Read it carefully before you invest or send money.

Fidelity Distributors Corporation