**AMENDED AND RESTATED SUB-RESEARCH AGREEMENT**

**between**

**FIDELITY INTERNATIONAL INVESTMENT ADVISORS (U.K.) LIMITED**

**and**

**FIDELITY INTERNATIONAL INVESTMENT ADVISORS**

AGREEMENT as of this 1st day of August, 2007, by and betweenFidelity International Investment Advisors (U.K.) Limited, 27-28 Lovat Lane,London, England (hereinafter called the "U.K. Sub-Advisor") and FidelityInternational Investment Advisors, a Bermuda company with principal offices atPembroke Hall, Pembroke, Bermuda (hereinafter called the "Sub-Advisor"). 

WHEREAS Fidelity Management & Research Company, aMassachusetts corporation (hereinafter called the "Advisor"), has entered intovarious management contracts (each a "Management Contract") with thoseMassachusetts and Delaware business trusts, each a registered investment companyissuing one or more series of shares of beneficial interest (each a "Trust") onbehalf of each of their respective Portfolios listed on Schedule A attachedhereto, as the same may be amended from time to time (each a "Portfolio"),pursuant to which the Advisor is****to****act as investment advisor toeach of the Portfolios, 

WHEREAS, the Sub-Advisor has entered into a Sub-Advisory Agreementwith the Advisor (the "Sub-Advisory Agreement") pursuant to which theSub-Advisor, directly or through certain of its subsidiaries or other affiliatedpersons (including the U.K. Sub-Adviser and Fidelity Investments Japan Limited),may provide investment advice and research services to the Advisor on behalf ofthe Portfolios pursuant to a number of agreements, 

WHEREAS, the Sub-Advisor is willing to provide internationalinvestment advice and research services to the Advisor on behalf of each of thePortfolios listed on Schedule A, to the extent that such Portfolios may investin international assets from time to time, and the Advisor desires that theSub-Advisor provide such international investment advice and research servicesto the Advisor on behalf of such Portfolios under a Master InternationalResearch Agreement; 

WHEREAS the U.K. Sub-Advisor has personnel in Western Europe andhas been formed in part for the purpose of researching and compiling informationand recommendations with respect to the economies of various countries, andsecurities of issuers located outside of the United States and Canada,principally in the U.K. and Europe; and 

NOW THEREFORE, in consideration of the premises and the mutualpromises hereinafter set forth, the Sub-Advisor and the U.K. Sub-Advisor agreeas follows: 

1. ***Delegated Duties****:* The Sub-Advisor herebydelegates to the U.K. Sub-Advisor and the U.K. Sub-Advisor acceptsresponsibility for performing such investment advice and research services,particularly with respect to issuers, companies, governments and economicconditions located outside of the U.S. and Canada, principally in the U.K. andEurope, with respect to all or a portion of the investments of each Portfolio,in connection with the Sub-Advisor's duties under the Sub-Advisory Agreement, asmay be requested by the Sub-Advisor. The services and the portion of theinvestments of each Portfolio advised by the U.K. Sub-Advisor shall be as agreedupon from time to time by the Sub-Advisor and the U.K. Sub-Advisor. The U.K.Sub-Advisor shall pay the salaries and fees of all personnel of the U.K.Sub-Advisor performing the investment advice and research services for thePortfolios. 

(a) ***Investment Advice and Research Services****:*If and to the extent requested by the Sub-Advisor, the U.K. Sub-Advisorshall provide investment advice and research services to the Sub-Advisor withrespect to all or a portion of the investments of each Portfolio. In connectionwith providing such investment advice and research services, the U.K.Sub-Advisor shall furnish to the Sub-Advisor on behalf of each Portfolio suchfactual information, research reports and investment recommendations as theAdvisor may reasonably require. Such information may include written and oralreports and analyses. 

(b) **S*ubsidiaries and Affiliates***: The U.K.Sub-Advisor may perform any or all of the services contemplated by thisAgreement directly or through such of its subsidiaries or other affiliatedpersons as the U.K Sub-Advisor shall determine; provided, however, thatperformance of such services through such subsidiaries or other affiliatedpersons shall have been approved by the affected Trust(s) to the extent requiredpursuant to the Investment Company Act of 1940 (the "1940 Act") and rulesthereunder. 

2. ***Information to be Provided to the Trusts and theAdvisor****:* The U.K. Sub-Advisor shall furnish such reports,evaluations, information or analyses to the Trusts, the Advisor, and theSub-Advisor as the Trusts' Board of Trustees, the Advisor or the Sub-Advisor mayreasonably request from time to time, or as the U.K. Sub-Advisor may deem to bedesirable. 

3. ***Compensation****:* For investment advisory andresearch services provided under subparagraph (a) of paragraph 1 of thisAgreement, the Sub-Advisor agrees to pay the U.K. Sub-Advisor a sub-advisory fee(the "U.K. Sub-Advisory Fee"). The U.K. Sub-Advisory Fee shall be equal to theadministrative costs incurred by the U.K. Sub-Advisor in providing investmentadvice and research services hereunder. The U.K. Sub-Advisory Fee may be reducedto reflect expense reimbursements, fee waivers or aggregate caps, if any, ineffect from time to time upon mutual agreement of the Sub-Advisor and the U.K.Sub-Advisor. Notwithstanding the foregoing, a Portfolio that is party to asub-advisory agreement with the Sub-Advisor and the U.K. Sub-Advisor for theprovision of either discretionary or non-discretionary services ("FIIA/FIIALU.K. Sub-Advisory Agreement") shall not be allocated any portion of the U.K.Sub-Advisory Fee payable hereunder during any period in which such FIIA/FIIALU.K. Sub-Advisory Agreement is in effect and either discretionary ornon-discretionary services are being provided thereunder. As furtherconsideration, the Sub-Advisor shall provide the U.K. Sub-Advisor with access toany and all research produced or acquired by the Sub-Advisor. 

4. ***Expenses****:* It is understood that eachPortfolio will pay all of its expenses other than those expressly stated to bepayable by the U.K. Sub-Advisor hereunder, by the Sub-Advisor under theSub-Advisory Agreement or by the Advisor under the Management Contract with thePortfolio. 

5. ***Interested******Persons**:* It isunderstood that the Trustees, officers, and shareholders of the Trusts are ormay be or become interested in the Advisor, the Sub-Advisor or the U.K.Sub-Advisor as directors, officers or otherwise and that directors, officers andstockholders of the Advisor, the Sub-Advisor or the U.K. Sub-Advisor are or maybe or become similarly interested in the Trusts, and that the Advisor, theSub-Advisor or the U.K. Sub-Advisor may be or become interested in the Trusts asa shareholder or otherwise. 

6. ***Services to Other Companies or Accounts****:*The Services of the U.K. Sub-Advisor to the Sub-Advisor are not to be deemed tobe exclusive, the U.K. Sub-Advisor being free to render services to others andengage in other activities, provided, however, that such other services andactivities do not, during the term of this Agreement, interfere, in a materialmanner, with the U.K. Sub-Advisor's ability to meet all of its obligationshereunder. The U.K. Sub-Advisor shall for all purposes be an independentcontractor and not an agent or employee of the Advisor, the Sub-Advisor or theTrusts. 

Nothing in this Agreement will constitute a partnership betweenthe Advisor, the Sub-Advisor, the U.K. Sub-Advisor and the Trust. Nothing inthis Agreement makes the U.K. Sub-Advisor an agent of the Advisor, Sub-Advisoror the Trust and the U.K. Sub-Advisor has no authority whatsoever to exercisediscretionary powers over the global portfolios and investment funds, except asprovided pursuant to paragraph 1 herein, of the Advisor, Sub-Advisor and theTrust, or otherwise to bind the Advisor's and the Trust's assets undermanagement. 

The U.K. Sub-Advisor shall furnish services as an independentcontractor and not as an employee or agent of either the Advisor, Sub-Advisor orthe Trust. The U.K. Sub-Advisor has no power or authority to act for, represent,or bind the Advisor, Sub-Advisor or the Trust or any company affiliated witheither of them. 

7. ***Standard of Care****:* In the absence ofwillful misfeasance, bad faith, gross negligence or reckless disregard ofobligations or duties hereunder on the part of the U.K. Sub-Advisor, the U.K.Sub-Advisor shall not be subject to liability to the Sub-Advisor, the Advisor,the Trusts or to any shareholder of the Portfolios for any act or omission inthe course of, or connected with, rendering services hereunder or for any lossesthat may be sustained in the purchase, holding or sale of any security. 

8. ***Duration and Termination of Agreement;Amendments****:*

(a) Subject to prior termination as provided in subparagraph (d)of this paragraph 8, this Agreement shall continue in force until June 30, 2008for each Portfolio designated as a Fixed-Income Portfolio on Schedule A anduntil July 31, 2008 for each Portfolio designated as a Equity Portfolio onSchedule A and indefinitely thereafter, but only so long as the continuanceafter such period shall be specifically approved at least annually by vote ofthe affected Trust's Board of Trustees or by vote of a majority of theoutstanding voting securities of the Portfolio. 

(b) This Agreement may be modified by mutual consent of theAdvisor, the U.K. Sub-Advisor, the Sub-Advisor and the affected Trust(s)**subject to the provisions of Section 15 of the 1940 Act, as modified by orinterpreted by any applicable order or orders of the Securities and ExchangeCommission (the "Commission") or any rules or regulations adopted by, orinterpretative releases of, the Commission. 

(c) In addition to the requirements of subparagraphs (a) and (b)of this paragraph 8, the terms of any continuance or modification of thisAgreement must have been approved by the vote of a majority of those Trustees ofthe affected Trust(s) who are not parties to this Agreement or interestedpersons of any such party, cast in person at a meeting called for the purpose ofvoting on such approval. 

(d) The Advisor may, at any time and without any prior writtennotice to the other parties to this Agreement and the Board of Trustees of theaffected Trust(s), terminate this Agreement in respect of any or all of thePortfolios, without payment of any penalty. A Trust may at any time on sixty(60) days' prior written notice to the parties to this Agreement, terminate thisAgreement in respect of such Trust or a Portfolio, without payment of anypenalty, by action of the Board of Trustees of the affected Trust or by vote ofa majority of the Portfolio's outstanding voting securities. This Agreementshall terminate automatically in the event of its assignment. 

9. ***Limitation of Liability****:* The U.K.Sub-Advisor is hereby expressly put on notice of the limitation of shareholderliability as set forth in the Declaration of Trust or other organizationaldocument of the Trusts and agrees that any obligations of any Trust or Portfolioarising in connection with this Agreement shall be limited in all cases to theTrust or a Portfolio and its assets, and the U.K. Sub-Advisor shall not seeksatisfaction of any such obligation from the shareholders or any shareholder ofthe Trust or Portfolio. Nor shall the U.K. Sub-Advisor seek satisfaction of anysuch obligation from the Trustees or any individual Trustee of any Trust. 

10. ***Governing Law****:* This Agreement shall begoverned by, and construed in accordance with, the laws of the Commonwealth ofMassachusetts, without giving effect to the choice of laws provisions thereof.

The terms "registered investment company," "vote of a majority ofthe outstanding voting securities," "assignment," and "interested persons," whenused herein, shall have the respective meanings specified in the 1940 Act as nowin effect or as hereafter amended. 

IN WITNESS WHEREOF the parties hereto have caused this instrumentto be signed in their behalf by their respective officers thereunto dulyauthorized, and their respective seals to be hereunto affixed, all as of thedate written above.