Exhibit (e)(15)

FORM OF

GENERAL DISTRIBUTION AGREEMENT

between

FIDELITY INESTMENT TRUST

and

FIDELITY DISTRIBUTORS CORPORATION

	Agreement made this ___ day of , 200, between Fidelity Investment Trust, a Massachusetts business trusthaving its principal place of business in Boston, Massachusetts and which may issue one or more series of beneficialinterest ("Issuer"), with respect to shares of Fidelity International Small Cap Opportunities Fund, a series of the Issuer, andFidelity Distributors Corporation, a Massachusetts corporation having its principal place of business in Boston,Massachusetts ("Distributors").

	In consideration of the mutual promises and undertakings herein contained, the parties agree as follows:

1.	Sale of Shares - The Issuer grants to Distributors the right to sell shares on behalf of the Issuer during the term ofthis Agreement and subject to the registration requirements of the Securities Act of 1933, as amended ("1933 Act"), and ofthe laws governing the sale of securities in the various states ("Blue Sky Laws") under the following terms and conditions:Distributors (i) shall have the right to sell, as agent on behalf of the Issuer, shares authorized for issue and registered underthe 1933 Act, and (ii) may sell shares under offers of exchange, if available, between and among the funds advised byFidelity Management & Research Company ("FMR") or any of its affiliates.

2.	Sale of Shares by the Issuer - The rights granted to Distributors shall be nonexclusive in that the Issuer reserves theright to sell its shares to investors on applications received and accepted by the Issuer.  Further, the Issuer reserves the rightto issue shares in connection with the merger or consolidation, or acquisition by the Issuer through purchase or otherwise,with any other investment company, trust, or personal holding company.

3.	Shares Covered by this Agreement - This Agreement shall apply to unissued shares of the Issuer, shares of theIssuer held in its treasury in the event that in the discretion of the Issuer treasury shares shall be sold, and shares of theIssuer repurchased for resale.

4.	Public Offering Price - Except as otherwise noted in the Issuer's current Prospectus and/or Statement of AdditionalInformation, all shares sold to investors by Distributors or the Issuer will be sold at the public offering price.  The publicoffering price for all accepted subscriptions will be the net asset value per share, as determined in the manner described in theIssuer's current Prospectus and/or Statement of Additional Information, plus a sales charge (if any) described in the Issuer'scurrent Prospectus and/or Statement of Additional Information.  The Issuer shall in all cases receive the net asset value per shareon all sales.  If a sales charge is in effect, Distributors shall have the right subject to such rules or regulations of the Securitiesand Exchange Commission as may then be in effect pursuant to Section 22 of the Investment Company Act of 1940 to pay aportion of the sales charge to dealers who have sold shares of the Issuer.  If a fee in connection with shareholder redemptions isin effect, the Issuer shall collect the fee on behalf of Distributors and, unless otherwise agreed upon by the Issuer andDistributors, Distributors shall be entitled to receive all of such fees.

5.	Suspension of Sales - If and whenever the determination of net asset value is suspended and until such suspension isterminated, no further orders for shares shall be processed by Distributors except such unconditional orders as may have beenplaced with Distributors before it had knowledge of the suspension.  In addition, the Issuer reserves the right to suspend salesand Distributors' authority to process orders for shares on behalf of the Issuer if, in the judgment of the Issuer, it is in the bestinterests of the Issuer to do so.  Suspension will continue for such period as may be determined by the Issuer.

6.	Solicitation of Sales - In consideration of these rights granted to Distributors, Distributors agrees to use all reasonableefforts, consistent with its other business, to secure purchasers for shares of the Issuer.  This shall not prevent Distributors fromentering into like arrangements (including arrangements involving the payment of underwriting commissions) with otherissuers.  This does not obligate Distributors to register as a broker or dealer under the Blue Sky Laws of any jurisdiction inwhich it is not now registered or to maintain its registration in any jurisdiction in which it is now registered.  If a sales charge isin effect, Distributors shall have the right to enter into sales agreements with dealers of its choice for the sale of shares of theIssuer to the public at the public offering price only and fix in such agreements the portion of the sales charge which may beretained by dealers, provided that the Issuer shall approve the form of the dealer agreement and the dealer discounts set forththerein and shall evidence such approval by filing said form of dealer agreement and amendments thereto as an exhibit to itscurrently effective Registration Statement under the 1933 Act.

7.	Authorized Representations - Distributors is not authorized by the Issuer to give any information or to make anyrepresentations other than those contained in the appropriate registration statements or Prospectuses and Statements ofAdditional Information filed with the Securities and Exchange Commission under the 1933 Act (as these registration statements,Prospectuses and Statements of Additional Information may be amended from time to time), or contained in shareholder reportsor other material that may be prepared by or on behalf of the Issuer for Distributors' use.  This shall not be construed to preventDistributors from preparing and distributing sales literature or other material as it may deem appropriate.

8.	Portfolio Securities - Portfolio securities of the Issuer may be bought or sold by or through Distributors, and Distributorsmay participate directly or indirectly in brokerage commissions or "spreads" for transactions in portfolio securities of the Issuer.

9.	Registration of Shares - The Issuer agrees that it will take all action necessary to register shares under the 1933 Act(subject to the necessary approval of its shareholders) so that there will be available for sale the number of shares Distributorsmay reasonably be expected to sell.  The Issuer shall make available to Distributors such number of copies of its currentlyeffective Prospectus and Statement of Additional Information as Distributors may reasonably request.  The Issuer shall furnishto Distributors copies of all information, financial statements and other papers which Distributors may reasonably request foruse in connection with the distribution of shares of the Issuer.

10.	Expenses - The Issuer shall pay all fees and expenses (a) in connection with the preparation, setting in type and filing ofany registration statement, Prospectus and Statement of Additional Information under the 1933 Act and amendments for theissue of its shares, (b) in connection with the registration and qualification of shares for sale in the various states in which theBoard of Trustees of the Issuer shall determine it advisable to qualify such shares for sale (including registering the Issuer as abroker or dealer or any officer of the Issuer as agent or salesman in any state), (c) of preparing, setting in type, printing andmailing any report or other communication to shareholders of the Issuer in their capacity as such, and (d) of preparing, setting intype, printing and mailing Prospectuses, Statements of Additional Information and any supplements thereto sent to existingshareholders.

	As provided in the Distribution and Service Plan adopted by the Issuer, it is recognized by the Issuer that FMR maymake payment to Distributors with respect to any expenses incurred in the distribution of shares of the Issuer, such paymentspayable from the past profits or other resources of FMR including management fees paid to it by the Issuer.

11.	Indemnification - The Issuer agrees to indemnify and hold harmless Distributors and each of its directors and officersand each person, if any, who controls Distributors within the meaning of Section 15 of the 1933 Act against any loss, liability,claim, damages or expense (including the reasonable cost of investigating or defending any alleged loss, liability, claim,damages, or expense and reasonable counsel fees incurred in connection therewith) arising by reason of any person acquiringany shares, based upon the ground that the registration statement, Prospectus, Statement of Additional Information, shareholderreports or other information filed or made public by the Issuer (as from time to time amended) included an untrue statement of amaterial fact or omitted to state a material fact required to be stated or necessary in order to make the statements not misleadingunder the 1933 Act, or any other statute or the common law.  However, the Issuer does not agree to indemnify Distributors orhold it harmless to the extent that the statement or omission was made in reliance upon, and in conformity with, informationfurnished to the Issuer by or on behalf of Distributors.  In no case (i) is the indemnity of the Issuer in favor of Distributors orany person indemnified to be deemed to protect Distributors or any person against any liability to the Issuer or its securityholders to which Distributors or such person would otherwise be subject by reason of wilful misfeasance, bad faith or grossnegligence in the performance of its duties or by reason of its reckless disregard of its obligations and duties under thisAgreement, or (ii) is the Issuer to be liable under its indemnity agreement contained in this paragraph with respect to any claimmade against Distributors or any person indemnified unless Distributors or person, as the case may be, shall have notified theIssuer in writing of the claim within a reasonable time after the summons or other first written notification giving information ofthe nature of the claim shall have been served upon Distributors or any such person (or after Distributors or such person shallhave received notice of service on any designated agent).  However, failure to notify the Issuer of any claim shall not relieve theIssuer from any liability which it may have to Distributors or any person against whom such action is brought otherwise than onaccount of its indemnity agreement contained in this paragraph.  The Issuer shall be entitled to participate at its own expense inthe defense, or, if it so elects, to assume the defense of any suit brought to enforce any claims, but if the Issuer elects to assumethe defense, the defense shall be conducted by counsel chosen by it and satisfactory to Distributors or person or persons,defendant or defendants in the suit.  In the event the Issuer elects to assume the defense of any suit and retain counsel,Distributors, officers or directors or controlling person or persons, defendant or defendants in the suit, shall bear the fees andexpenses of any additional counsel retained by them.  If the Issuer does not elect to assume the defense of any suit, it willreimburse Distributors, officers or directors or controlling person or persons, defendant or defendants in the suit, for thereasonable fees and expenses of any counsel retained by them.  The Issuer agrees to notify Distributors promptly of thecommencement of any litigation or proceedings against it or any of its officers or trustees in connection with the issuance or saleof any of the shares.

	Distributors also covenants and agrees that it will indemnify and hold harmless the Issuer and each of its Board membersand officers and each person, if any, who controls the Issuer within the meaning of Section 15 of the 1933 Act, against any loss,liability, damages, claim or expense (including the reasonable cost of investigating or defending any alleged loss, liability,damages, claim or expense and reasonable counsel fees incurred in connection therewith) arising by reason of any personacquiring any shares, based upon the 1933 Act or any other statute or common law, alleging any wrongful act of Distributors orany of its employees or alleging that the registration statement, Prospectus, Statement of Additional Information, shareholderreports or other information filed or made public by the Issuer (as from time to time amended) included an untrue statement of amaterial fact or omitted to state a material fact required to be stated or necessary in order to make the statements not misleading,insofar as the statement or omission was made in reliance upon, and in conformity with information furnished to the Issuer by oron behalf of Distributors.  In no case (i) is the indemnity of Distributors in favor of the Issuer or any person indemnified to bedeemed to protect the Issuer or any person against any liability to which the Issuer or such person would otherwise be subject byreason of willful misfeasance, bad faith or gross negligence in the performance of its duties or by reason of its reckless disregardof its obligations and duties under this Agreement, or (ii) is Distributors to be liable under its indemnity agreement contained inthis paragraph with respect to any claim made against the Issuer or any person indemnified unless the Issuer or person, as thecase may be, shall have notified Distributors in writing of the claim within a reasonable time after the summons or other firstwritten notification giving information of the nature of the claim shall have been served upon the Issuer or any such person (orafter the Issuer or such person shall have received notice of service on any designated agent).  However, failure to notifyDistributors of any claim shall not relieve Distributors from any liability which it may have to the Issuer or any person againstwhom the action is brought otherwise than on account of its indemnity agreement contained in this paragraph.  In the case ofany notice to Distributors, it shall be entitled to participate, at its own expense, in the defense or, if it so elects, to assume thedefense of any suit brought to enforce the claim, but if Distributors elects to assume the defense, the defense shall be conductedby counsel chosen by it and satisfactory to the Issuer, to its officers and Board and to any controlling person or persons,defendant or defendants in the suit.  In the event that Distributors elects to assume the defense of any suit and retain counsel, theIssuer or controlling persons, defendant or defendants in the suit, shall bear the fees and expense of any additional counselretained by them.  If Distributors does not elect to assume the defense of any suit, it will reimburse the Issuer, officers and Boardor controlling person or persons, defendant or defendants in the suit, for the reasonable fees and expenses of any counselretained by them.  Distributors agrees to notify the Issuer promptly of the commencement of any litigation or proceedingsagainst it in connection with the issue and sale of any of the shares.

12.	Effective Date - This agreement shall be effective upon its execution, and unless terminated as provided, shall continuein force until May 31, 200  and thereafter from year to year, provided continuance is approved annually by the vote of amajority of the Board members of the Issuer, and by the vote of those Board members of the Issuer who are not "interestedpersons" of the Issuer and, if a plan under Rule 12b-1 under the Investment Company Act of 1940 is in effect, by the vote ofthose Board members of the Issuer who are not "interested persons" of the Issuer and who are not parties to the Distribution andService Plan or this Agreement and have no financial interest in the operation of the Distribution and Service Plan or in anyagreements related to the Distribution and Service Plan, cast in person at a meeting called for the purpose of voting on theapproval.  This Agreement shall automatically terminate in the event of its assignment.  As used in this paragraph, the terms"assignment" and "interested persons" shall have the respective meanings specified in the Investment Company Act of 1940 asnow in effect or as hereafter amended.  In addition to termination by failure to approve continuance or by assignment, thisAgreement may at any time be terminated by either party upon not less than sixty days' prior written notice to the other party.

13.	Notice - Any notice required or permitted to be given by either party to the other shall be deemed sufficient if sent byregistered or certified mail, postage prepaid, addressed by the party giving notice to the other party at the last address furnishedby the other party to the party giving notice: if to the Issuer, at 82 Devonshire Street, Boston, Massachusetts, and if toDistributors, at 82 Devonshire Street, Boston, Massachusetts.

14.	Limitation of Liability - Distributors is expressly put on notice of the limitation of shareholder liability as set forth in theDeclaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer underthis contract shall be limited in all cases to the Issuer and its assets.  Distributors shall not seek satisfaction of any suchobligation from the shareholders or any shareholder of the Issuer.  Nor shall Distributors seek satisfaction of any such obligationfrom the Trustees or any individual Trustee of the Issuer.  Distributors understands that the rights and obligations of each seriesof shares of the Issuer under the Issuer's Declaration of Trust or other organizational document are separate and distinct fromthose of any and all other series.

15.	This agreement shall be governed by, and construed in accordance with, the laws of the Commonwealth ofMassachusetts, without giving effect to the choice of laws provisions thereof.

	IN WITNESS WHEREOF, the Issuer has executed this instrument in its name and behalf, and its seal affixed, by one ofits officers duly authorized, and Distributors has executed this instrument in its name and behalf by one of its officers dulyauthorized, as of the day and year first above written.