Exhibit (g)(25)

**Form of**

FIRST AMENDMENT TO

JOINT TRADING ACCOUNT CUSTODY AGREEMENT

BETWEEN

THE BANK OF NEW YORK

AND

FIDELITY FUNDS

	FIRST AMENDMENT TO JOINT TRADING ACCOUNT CUSTODY AGREEMENTBETWEEN THE BANK OF NEW YORK AND FIDELITY FUNDS, dated as of July 14, 1995,by and between THE BANK OF NEW YORK ("Custodian") and each of the entities listed onSchedulesA-1, A-2, A-3 and A-4 hereto on behalf of itself or, (i) in the case of a series company,on behalf of one or more of its portfolios or series listed on SchedulesA-1 or A-2 hereto, (ii) inthe case of the accounts listed on Schedule A-3 hereto, acting through Fidelity Management &Research Company, and (iii)in the case of the commingled or individual accounts listed onSchedule A-4 hereto, acting through Fidelity Management Trust Company (collectively, the"Funds" and each, a "Fund").

WITNESSETH

	WHEREAS, Custodian and certain of the Funds have entered into that certain JointTrading Account Custody Agreement between The Bank of New York and Fidelity Funds, datedas of May 11, 1995 (the "Agreement"), pursuant to which the Funds have appointed theCustodian as its custodian for the purpose of establishing and administering one or more jointtrading accounts or subaccounts thereof (individually, an "Account" and collectively, the"Accounts") and holding cash and securities for the Funds in connection with repurchasetransactions effected through the Accounts; and

	WHEREAS, Seller and the Funds desire to amend the Agreement as set forth below.

	NOW, THEREFORE, in consideration of the premises and mutual promises andcovenants contained herein, the parties hereto agree as follows.  Unless otherwise defined hereinor the context otherwise requires, terms used in this Amendment, including the preamble andrecitals, have the meanings provided in the Agreement.

	The Agreement is hereby amended by deleting Paragraph2.03(f) in its entirety andsubstituting the following in lieu thereof:

	"(f)	Overdraft.  In the event that the Custodian is directed by Proper Instructions tomake any payment or transfer of funds on behalf of a Fund for which there would be, at the closeof business on the date of such payment or transfer, insufficient funds held by the Custodian onbehalf of such Fund, the Custodian may, in its discretion, provide an overdraft ("Overdraft") tothe Fund (such Fund being referred to herein as an "Overdraft Fund"), in an amount sufficient toallow the completion of such payment or transfer.  Any Overdraft provided hereunder:  (a) shallbe payable on the next Business Day, unless otherwise agreed by the Overdraft Fund and theCustodian; and (b) shall accrue interest from the date of the Overdraft to the date of payment infull by the Overdraft Fund at a rate agreed upon in writing, from time to time, by the Custodianand the Overdraft Fund.  The Custodian and the Funds acknowledge that the purpose of suchOverdrafts is to temporarily finance the purchase or sale of securities for prompt delivery inaccordance with the terms hereof.  The Custodian hereby agrees to notify each Overdraft Fundby 3:00 p.m., New York time, of the amount of any Overdraft.  Provided that Custodian hasgiven the notice required by this subparagraph (f), the Funds hereby agree that, as security forthe Overdraft of an Overdraft Fund, the Custodian shall have a continuing lien and securityinterest in and to all interest of such Overdraft Fund in Securities whose purchase is financed byCustodian and which are in Custodian's possession or in the possession or control of any thirdparty acting on Custodian's behalf and the proceeds thereof.  In this regard, Custodian shall beentitled to all the rights and remedies of a pledgee under common law and a secured party underthe New York Uniform Commercial Code and any other applicable laws or regulations as then ineffect."