**Multiple Class of Shares Plan**

**for**

**Fidelity Funds with Retail, Retirement and/or Advisor Classes**

**Dated April 17, 2008**

This Amended and Restated Multiple Class of Shares Plan (the"Plan"), when effective in accordance with its provisions, shall be the writtenplan contemplated by Rule 18f-3 under the Investment Company Act of 1940 (the"1940 Act") for the portfolios (each, a "Fund") of the respective FidelityTrusts (each, a "Trust") as listed on Schedule I to this Plan. For purposes ofthe Plan, the term Fidelity Advisor Fund includes any Fidelity fund that offersAdvisor classes of shares. 

1. Classes Offered. Each Fund may offer up to seven classesof its shares: Class A, Class T, Class B, Class C, Institutional Class, Class K,and a retail class. 

2. Distribution and Shareholder Service Fees. Distributionfees and/or shareholder service fees shall be calculated and paid in accordancewith the terms of the then-effective plan pursuant to Rule 12b-l under the 1940Act for the applicable class. Distribution and shareholder service feescurrently authorized are as set forth in Schedule I to this Plan. 

3. Conversion Privileges. After a maximum holding period ofseven years from the initial date of purchase, Class B shares convertautomatically to Class A shares of the same Fund. Simultaneously, a portion ofthe Class B shares purchased through the reinvestment of Class B dividends orcapital gains distributions ("Dividend Shares") will also convert to Class Ashares. The portion of Dividend Shares that will convert at that time isdetermined by the ratio of converting Class B non-Dividend Shares held by ashareholder to that shareholder's total Class B non-Dividend Shares. 

Retail class shares will be converted into Class K shares of thesame Fund if Class K is offered as an investment option under anemployer-sponsored retirement plan ("Retirement Plan"). If a Retirement Plan isno longer eligible to offer Class K, Class K shares will be converted intoretail class shares of the same Fund. Any conversion from Class K to retailclass will be preceded by written notice to the investor. 

All conversions pursuant to this paragraph 3 shall be made on thebasis of the relative net asset values of the two classes, without theimposition of any sales load, fee, or other charge. 

4. Exchange Privileges. Exchanges are subject to minimuminvestment limitations and other eligibility requirements of the applicableclass of shares of each fund. 

Class A: Shares of Class A may be exchanged for shares of(i) any other Fidelity Advisor Fund: Class A; (ii) Treasury Fund - Daily MoneyClass; (iii) Prime Fund - Daily Money Class; and (iv) Tax-Exempt Fund - DailyMoney Class. 

Class T: Shares of Class T may be exchanged for shares of(i) any other Fidelity Advisor Fund: Class T; (ii) Treasury Fund - Daily MoneyClass; (iii) Prime Fund - Daily Money Class; and (iv) Tax-Exempt Fund - DailyMoney Class. 

Class B: Shares of Class B may be exchanged for shares of(i) any other Fidelity Advisor Fund: Class B; and (ii) Treasury Fund - Advisor BClass. 

Class C: Shares of Class C may be exchanged for shares of(i) any other Fidelity Advisor Fund: Class C; and (ii) Treasury Fund - Advisor CClass. 

Institutional Class: Shares of Institutional Class may beexchanged for shares of (i) any other Fidelity Advisor Fund: InstitutionalClass; and (ii) any Fidelity Retail Fund offering an exchange privilege to otherFidelity Retail Funds. 

Class K: Shares of Class K may be exchanged for shares ofany class of a Fidelity Fund available through an investor's Retirement Plan.

A Retail Class: A retail class of a Fidelity Advisor Fundor a Fidelity Retail Fund may be exchanged for (i) shares of any Fidelity RetailFund or class offering an exchange privilege to other Fidelity Retail Funds orclasses, or (ii) if held through a Retirement Plan, shares of any class of aFidelity Fund available through an investor's Retirement Plan. 

Fidelity Mortgage Securities Fund: Shares of FidelityMortgage Securities Fund may be exchanged for shares of (i) Institutional Classof the same fund; and (ii) any Fidelity Retail Fund offering an exchangeprivilege to other Fidelity Retail Funds. 

5. Allocations. Income, gain, loss and expenses shall beallocated under this Plan as follows: 

A. Class Expenses: The following expenses shall beallocated exclusively to the applicable specific class of shares: (i)distribution and shareholder service fees; and (ii) transfer agent fees. 

B. Fund Income, Gain, Loss and Expenses: Income, gain, lossand expenses not allocated to specific classes as specified above shall becharged to the Fund and allocated daily to each class of an equity fund in amanner consistent with Rule 18f-3(c)(1)(i) and of a fixed-income and moneymarket fund in a manner consistent with Rule 18f-3(c)(1)(iii). As necessary tolimit class net asset value per share divergences and ensure that the annualizedrates of return of the classes generally differ only to the extent of theexpense differentials among the classes, dilution caused by share purchases andredemptions, booking of trades, and accrual of expenses based on prior-day netassets shall be allocated to each class based on relative net assets. 

6. Voting Rights. Each class of shares governed by thisPlan (i) shall have exclusive voting rights on any matter submitted toshareholders that relates solely to its arrangement; and (ii) shall haveseparate voting rights on any matter submitted to shareholders in which theinterests of one class differ from the interests of any other class. 

7. Effective Date of Plan. This Plan shall become effectiveupon approval by a vote of at least a majority of the Trustees of the Trust, anda majority of the Trustees of the Trust who are not "interested persons" of theTrust, which vote shall have found that this Plan as proposed to be adopted,including expense allocations, is in the best interests of each classindividually and of the Fund as a whole; or upon such other date as the Trusteesshall determine. 

8. Amendment of Plan. Any material amendment to this Planshall become effective upon approval by a vote of at least a majority of theTrustees of the Trust, and a majority of the Trustees of the Trust who are not"interested persons" of the Trust, which vote shall have found that this Plan asproposed to be amended, including expense allocations, is in the best interestsof each class individually and of the Fund as a whole; or upon such other dateas the Trustees shall determine. 

9. Severability. If any provision of this Plan shall beheld or made invalid by a court decision, statute, rule or otherwise, theremainder of the Plan shall not be affected thereby. 

10. Limitation of Liability. Consistent with the limitationof shareholder liability as set forth in each Trust's Declaration of Trust orother organizational document, any obligations assumed by any Fund or classthereof, and any agreements related to this Plan shall be limited in all casesto the relevant Fund and its assets, or class and its assets, as the case maybe, and shall not constitute obligations of any other Fund or class of shares.All persons having any claim against a Fund, or any class thereof, arising inconnection with this Plan, are expressly put on notice of such limitation ofshareholder liability, and agree that any such claim shall be limited in allcases to the relevant Fund and its assets, or class and its assets, as the casemay be, and such person shall not seek satisfaction of any such obligation fromthe shareholders or any shareholder of the Trust, class or Fund; nor shall suchperson seek satisfaction of any such obligation from the Trustees or anyindividual Trustee of the Trust.