Document:

<PAGE>

                                                         For U.S. Intermediaries
                                                             Last Revised 2/1/99

               FIDELITY ADVISOR WORLD FUNDS INTERMEDIARY AGREEMENT

To       Fidelity Investments Institutional
          Services Company, Inc.
         82 Devonshire Street
         Boston, MA  02109

         We desire to enter into a Contract (the "Contract") with you for
         activities in connection with soliciting investors to purchase shares
         (the "Shares") of the Fidelity Advisor World Funds listed on Exhibit 1,
         as it may be amended by you from time to time, of which you are a
         non-exclusive general financial intermediary (each a "Fund" and
         collectively, the "Funds"). Each Fund is a limited liability company
         organized under the laws of Bermuda, except as noted on Exhibit 1.

         The terms and conditions of this Contract are as follows:

1.       Except to the extent otherwise contemplated by paragraph 2(d)(ii)
         below, we shall use our reasonable best efforts to solicit our clients
         to purchase Shares or to make them available to our clients for
         purchase.

         We agree to, and represent and warrant that we shall at all times,
         conduct our activities in accordance with any applicable United States
         or state laws, including securities laws and regulations and any
         obligation thereunder to disclose to our clients the receipt of fees in
         connection with their beneficial ownership of Shares. WE ACKNOWLEDGE
         (i) THAT THE SHARES ARE NOT REGISTERED UNDER THE UNITED STATES
         SECURITIES ACT OF 1933, AS AMENDED AND (ii) THAT EACH FUND IS NOT
         REGISTERED AS AN INVESTMENT COMPANY UNDER THE UNITED STATES INVESTMENT
         COMPANY ACT OF 1940, AS AMENDED.

2.       We agree that we shall not solicit orders for Shares, effect transfers
         of Shares on our records, or forward orders for Shares to any Fund
         except from or for the account or benefit of persons:

         (a)     who are Eligible Investors and not U.S. Persons as defined in
                 the By-Laws of each Fund as in effect from time to time and as
                 set forth in Exhibit 2 hereto;

         (b)     to whom any solicitation to purchase Shares has been made only
                 while such persons are not physically present in the United
                 States of America (which term includes its commonwealths,
                 territories and possessions);

         (c)     who are not placing an order to subscribe for Shares while such
                 persons are physically present in the United States of America;
                 and

<PAGE>

         (d)(i)  except as provided in (d)(ii) below with respect to accounts
                 over which we exercise investment discretion, who have first
                 furnished us, prior to their initial order, with a written
                 certification of their status as Eligible Investors the
                 substance of which is contained in the certificate annexed to
                 this Contract as Exhibit 2, each of whose certifications we
                 will preserve and make available for your inspection for a
                 period of six years from our receipt and with a current
                 Internal Revenue Code Certificate of Foreign Status on Form
                 W-8, on a successor Form thereto, or on a substantially
                 equivalent substitute therefor. Further, we agree that all
                 orders from an Eligible Investor will be accepted only if:

                 (A)   the Eligible Investor has completed said written
                       certification, or

                 (B)   we have completed said written certification on behalf of
                       the Eligible Investor pursuant to authorization from the
                       Eligible Investor.

         or (ii) as to whose accounts we exercise investment discretion,
                 provided that, with respect to such accounts: (A) we have
                 executed and delivered an investment letter in form and
                 substance acceptable to you and the Funds; (B) we have first
                 furnished you, prior to our initial order, with a written
                 certification of our status as an Eligible Investor the
                 substance of which is contained in the certificate annexed to
                 this Contract as Exhibit 2; and (C) no beneficiary of any such
                 account is a U.S. Person, as defined in Exhibit 2 hereto.
                 Further, we agree that all orders with respect to accounts over
                 which we exercise investment discretion will be accepted only
                 if we have completed said written certification.

         We further agree:

                     (i)  not to deliver Offering Circulars or other sales
                          literature to any person or party within the United
                          States (whether or not an Eligible Investor); and

                    (ii)  not to deliver broker-only materials to any investor;
                          and

                   (iii)  to notify you and the Fund immediately if it shall
                          come to our attention that any client who beneficially
                          owns Shares has become a U.S. Person or is otherwise
                          no longer an Eligible Investor.

         3. (a)  On any day on which we communicate to a Fund an order for the
                 purchase or redemption of Shares whether by a telex, telefax,
                 electro-mechanical or other written form (each an "Order"), we
                 hereby agree that either: (1) we will comply with the terms of
                 paragraph 2(d)(ii) above; or (2) the Fund may rely on such
                 Order as though it were in writing, duly authorized by our
                 client(s), and such Order shall be deemed to be (or shall be
                 accompanied by) a representation and

                                      -2-

<PAGE>

                 warranty by us in the form annexed to this Contract as Exhibit
                 3. We understand that: (i) a Fund's acceptance from us of any
                 Order shall be made in reliance upon such representation and
                 warranty; and (ii) the terms and conditions of the Fund's
                 then-current Offering Circular shall be deemed controlling
                 regarding the Fund's acceptance or rejection of any Order.

         (b)     Subject to any limitation(s) contained in a Fund's Offering
                 Circular, on the U.S. business day next following a Fund's
                 receipt of an Order, the Fund's transfer agent normally will
                 send to us confirmation of that Order.

4.       We agree to indemnify and hold harmless you, each Fund, each Fund's
         investment manager, any investment adviser of any Fund, and each Fund's
         fund manager, distributor and sub-distributor, from any and all direct
         or indirect liabilities or losses resulting from requests, directions,
         actions or inactions, of or by us or our officers, employees or agents
         regarding the purchase, redemption, transfer, offer, sale, solicitation
         or registration of Shares. Such duty to indemnify and hold harmless
         shall survive the termination of this Contract.

5.       Neither we nor any of our directors, officers, employees or agents, nor
         any person acting on our or their behalf are authorized to make any
         representation concerning any Fund or the Shares except those contained
         in that Fund's then-current Offering Circular or other sales literature
         or shareholder reports prepared by you or that Fund, and which are
         consistent with our capabilities under applicable law; and we shall
         have no authority to act as agent for any Fund or for you. We agree
         that nothing contained in this Contract or in any other writing shall
         be construed as creating any form of partnership, joint venture,
         principal-agent or fiduciary relationship between us.

6.       Neither we nor any of our directors, officers, employees or agents, nor
         any person acting on our or their behalf will offer to sell, offer for
         sale or sell any Shares by means of any form of general solicitation or
         general advertising in the United States. Neither we nor any of our
         officers, employees or agents, nor any person acting on our or their
         behalf will engage in any directed selling efforts, as defined in
         Regulation S under the Securities Act of 1933, with respect to the
         Shares.

7.       Neither we nor any of our directors, officers, employees or agents, nor
         any person acting on our or their behalf will offer to sell, offer for
         sale, sell or solicit an offer to buy any Shares: (i) in any
         jurisdiction in which such offer, sale or solicitation would be
         unlawful; or (ii) to any individual or entity to whom or to which such
         offer, sale or solicitation would be unlawful.

8.       In consideration of the services described herein, we shall be entitled
         to receive, and you shall cause to be paid to us, such fees as provided
         for in Exhibit 4 hereto, as it may be amended from time to time. We
         understand that such fees are subject to change by you during the term
         of this Contract and shall be payable only so long as this Contract is
         in effect. You advised us that you will review at least annually, and
         no less frequently than

                                      -3-

<PAGE>

         every three years, such fees, and that you expect to adjust such fees
         in response to conditions prevailing at the time of such reviews.
         Further, we understand that such fees shall be terminable at your sole
         discretion after a term not to exceed ten (10) years from the date the
         Shares are purchased. We agree that if we utilize the clearing
         brokerage services of a clearing broker that has entered into a
         Fidelity Advisor World Funds Clearing Agreement, you may make all
         payments hereunder to our clearing broker. Further, we agree that our
         right to sell Institutional Class Shares (I Shares) of each Fund is
         conditioned upon our entering into a separate Participation Agreement
         for Institutional Class of Fidelity Advisor World Funds.

9.       You reserve the right, at your discretion and without notice, to
         suspend the sale of Shares or withdraw the sale of Shares of any Fund.
         We understand that you reserve the right, at your discretion, to amend
         this Contract unilaterally, any such amendment to become effective upon
         our receipt of written notice from you.

10.      This Contract shall continue in force for one year from the effective
         date (as set forth on the signature page hereof), and thereafter shall
         continue automatically for successive annual periods, unless terminated
         as described below. This Contract also may be terminated by us, for any
         reason, at any time upon 60 days' written notice to you or by you, for
         any reason, at any time upon 60 days' written notice to us.
         Notwithstanding anything contained herein, in the event that we shall
         fail to perform or to perform properly the recordkeeping and client
         servicing functions contemplated by this Contract, such determination
         to be made in good faith by any Fund or you, this Contract is
         terminable effective upon receipt of notice thereof by us. This
         Contract shall also terminate automatically in the event of its
         assignment, as defined in the Investment Company Act of 1940, as
         amended.

11.      All communications to you concerning this Contract shall be sent to you
         at your offices, 82 Devonshire Street, Boston, MA 02109, Attn: Eric
         Roiter. Any notice to us shall be duly given if mailed, telegraphed or
         telefaxed to us at the address shown in this Contract.

12.      We undertake to you that, in carrying out this Contract, we will comply
         with all relevant laws and regulations concerning money laundering,
         sanctions and embargoes under the laws of the United States. In
         addition, we represent and warrant to you that we have put into place
         proper procedures, which we will carry out, to verify suspicious
         transactions and to verify the identity of our clients who wish to
         transact business in the Funds. These procedures include verification
         of the source of funds for settlement of transactions.

13.      If we utilize the National Securities Clearing Corporation Fund/serv
         System (or any other electronic or electromechanical transmission
         system) (each a "Transmission System") to transmit Orders, we
         understand and agree:

                                      -4-

<PAGE>

         (a)     The Transmission System will transmit all transaction
                 information with respect to Shares to the sub-transfer agent of
                 the Funds, State Street Cayman Trust Company, Ltd. ("State
                 Street Cayman");

         (b)     Acceptance or transmission by the Transmission System of any
                 Order from us concerning the Shares shall not constitute
                 acceptance or rejection of purchases or redemptions of the
                 Shares by the Transmission System;

         (c)     State Street Cayman will review purchases and redemptions of
                 the Shares at its offices in George Town, Grand Cayman and
                 advise the Funds whether such purchases and redemptions have
                 been accepted or rejected; and

         (d)     After acceptance or rejection of the purchases and redemptions
                 by State Street Cayman, State Street Cayman or its designee
                 will advise the Transmission System of such acceptance or
                 rejection through the DST System.

14.      This Contract shall be construed in accordance with the laws of
         Bermuda, shall be effective upon its acceptance by Fidelity
         Distributors International, Limited (FDIL) in Bermuda and FDIL shall be
         a beneficiary of the representations made herein and may rely upon such
         representations in accepting subscriptions from investors.

15.      With respect to any suit, action or proceedings relating to this
         Contract ("Proceedings"), we and Fidelity Investments Institutional
         Services Company, Inc. irrevocably: (i) submit to the exclusive
         jurisdiction of the Bermuda courts or the courts of the United States
         of America; and (ii) waive any objection existing at any time to the
         laying of venue of any Proceedings brought in any such court, waive any
         claim that such Proceedings have been brought in an inconvenient forum
         and, further, waive the right to object, with respect to such
         Proceedings, that such court does not have any jurisdiction over us or
         Fidelity Investments Institutional Services Company, Inc.

16.      We agree that we will not refer to our ability to purchase or make
         available to our clients shares of the Funds in our general sales
         literature or advertising without obtaining advance written approval
         from you or your designee.

17.      This Contract constitutes the entire understanding and agreement
         between you and us with respect to the subject matter hereof and,
         accordingly, supersedes, as of the effective date of this Contract, all
         agreements, whether oral or in writing, heretofore in effect between
         you and us.

18.      This Contract may be executed simultaneously in one or more
         counterparts, each of which taken together shall constitute one and the
         same instrument.

Very truly yours,

                                      -5-

<PAGE>

        CBNY Investment Services Corp.
-------------------------------------------------------
Name of Institution (Please Print or Type)

        320 Park Ave., NYC, NY 10022
-------------------------------------------------------
Street             City          State         Zip Code

By /s/ Jose A. Paulucci     Title  President
   -----------------------        ----------------------
    Authorized Signature

Name:  Jose A. Paulucci    Date   August 9, 2001
      --------------------      -----------------------
      (Please Print)

NOTE: Please return three signed copies of this Contract to Fidelity Investments
Institutional Services Company, Inc. Upon acceptance, one countersigned copy
will be returned to you.

FOR INTERNAL USE ONLY:

FIDELITY INVESTMENTS INSTITUTIONAL SERVICES COMPANY, INC.

/s/ Leon Kumpe                               /s/ Ken Rathgeber
--------------------------------            ------------------------------
  Leon Kumpe -- SVP                              Ken Rathgeber --EVP, COO

Date                                        Date
     ---------------------------                 -------------------------

Accepted by:

FIDELITY DISTRIBUTORS INTERNATIONAL, LIMITED

By /s/ Richard Ford                         Title  Director
   -----------------------------                  ------------------------

EFFECTIVE DATE: 5 September 2001
                ----------------

                                      -6-
<PAGE>

                                    EXHIBIT 1

                         Funds Covered by This Contract
                         ------------------------------

         Fidelity Advisor World U.S. Large-Cap Stock Fund (Bermuda) Ltd.

         Fidelity Advisor World Europe Fund (Bermuda) Ltd.

         Fidelity Advisor World Southeast Asia Fund (Bermuda) Ltd.

         Fidelity Advisor World Global High Income Fund (Bermuda) Ltd.

         Fidelity Advisor World U.S. Intermediate Bond Fund (Bermuda) Ltd.

         Fidelity Advisor World U.S. Treasury Money Fund (Bermuda) Ltd.

         Fidelity Advisor World Funds (Bermuda) Ltd.:

              Growth Funds:
                    America Fund
                    American Growth Fund
                    Asian Special Situations Fund
                    Emerging Markets Fund
                    Europe Fund
                    Greater China Fund
                    International Fund
                    Latin America Fund
                    Pacific Fund
                    Telecommunications Fund

              Income Funds:
                    International Bond Fund
                    US Dollar Bond Fund
                    U.S. High Income Fund
                    U.S. Intermediate Bond Fund

              Money Market Fund:
                    U.S. Dollar Money Fund

                                      -7-
<PAGE>

                                    EXHIBIT 2

               Form of Certificate to be Furnished With Respect to
                 Each Customer when Placing an Order for Shares
                 ----------------------------------------------

I/We acknowledge receipt of the Offering Circular for Fidelity Advisor World
Funds (the "Funds").

As inducement to each Fund to accept my/our application to subscribe for Shares
(the "Shares"), I/we represent and warrant that I am/we are an Eligible Investor
(as defined in the attachment to this certificate), and furthermore that I/we:

(1) either: (a) am not/are not a U.S. Person (as defined in the attachment to
    this Certificate) and am not/are not acquiring Shares for or on behalf of a
    U.S. Person; or (b) am/are a dealer or other professional fiduciary
    organized, incorporated or (if an individual) resident in the United States,
    holding discretionary investment authority with respect to discretionary
    accounts or similar accounts (other than an estate or trust) held by me/us
    exclusively for the benefit or account of persons who are not U.S. Persons,
    as defined below;

(2) did not obtain any funds from any U.S. Person in connection with the
    purchase of Shares;

(3) will not transfer any Shares or any interest therein to a U.S. Person;

(4) will not transfer any Shares within the United States of America;

(5) will immediately notify the Funds or you (my/our investment professional or
    financial institution through whom this order is placed) if I/we should at
    any time become a U.S. Person, except if I/we am/are a dealer or other
    professional fiduciary described in (1)(b), above, in which case, I/we will
    immediately notify the Funds or you if any beneficiary of the accounts
    described in (1)(b), above, should at any time become a U.S. Person;

(6) am/are acquiring the Shares for my/our own account and not for resale,
    except if I/we am/are a dealer or other professional fiduciary described in
    (1)(b), above, acquiring the Shares for a discretionary or similar account
    described in (1)(b), above;

(7) was not/were not solicited to purchase Shares while physically present in
    the United States of America, except if I/we am/are a dealer or other
    professional fiduciary described in (1)(b), above; and

(8) am/are placing this subscription order from outside the United States and
    made my/our investment decision to acquire Shares while outside the United
    States, except if I/we am/are a dealer or other professional fiduciary
    described in (1)(b), above.

<TABLE>
<CAPTION>
FOR INITIAL OR SUBSEQUENT PURCHASES:        FOR SUBSEQUENT PURCHASES:
------------------------------------        -------------------------
<S>                                         <C>
SIGNATURE(S) OF APPLICANT(S) OR U.S.        SIGNATURE OF INSTITUTION
PROFESSIONAL FIDUCIARY                      (on behalf of the following account: ________________) I
(all applicants must sign)                  certify that the above  representations  and  warranties are still true
                                            to my knowledge
---------------------------

___________________________                 By______________________Title______________
                                            Authorized Signature

Date _________________ 19____               Date _________________ 19____
</TABLE>

                                      -8-

<PAGE>

                              EXHIBIT 2 (Continued)

                         Definition of Eligible Investor
                         -------------------------------

"Eligible Investor" means (i) any person who is not a U.S. Person and whose
subscription or other acquisition of Shares (whether from the Fund or from any
other person) is not made (a) while such person is physically present in the
United States of America or (b) in connection with any solicitation to such
person to subscribe while such person was physically present in the United
States of America except that Eligible Investor shall include any person or
entity, notwithstanding the fact that such person or entity may be described in
(a) or (b) above, as to whom the Fund Manager or the Fund, acting through their
officers or Directors, shall determine that ownership of Shares or solicitation
for ownership of Shares shall not violate any securities law of the United
States of America or any state or other jurisdiction of the United States; (ii)
any dealer or other professional fiduciary organized, incorporated or (if an
individual) resident in the United States, holding discretionary investment
authority with respect to discretionary accounts or similar accounts (other than
an estate or trust) held by such dealer or other professional fiduciary
exclusively for the benefit or account of persons who are not U.S. Persons, as
defined below; or (iii) any persons or entity whose purchase of Shares would not
result in the violation of the laws of such jurisdiction other than the United
States wherein such person may reside or be physically present.

                            Definition of U.S. Person
                            -------------------------

"U.S. Person" means a citizen or resident of the United States (including any
corporation, partnership or other entity created or organized under the laws of
the United States or any political subdivision thereof), or any estate or trust
that is subject to United States federal income taxation regardless of the
source of its income.

        (Except that U.S. Person shall not include any Eligible Investor or any
        person or entity, notwithstanding the fact that such person or entity
        may come within any of the categories referred to above, as to whom
        Fidelity International Limited or the Fund, acting through their
        officers or Directors, shall determine that ownership of Shares or
        solicitation for ownership of Shares shall not violate any securities
        law of the United States of America or any state or other jurisdiction
        thereof or cause any additional tax or administrative burdens as
        determined by FDIL.)

                                      -9-

<PAGE>

                                    EXHIBIT 3

WE CONFIRM TO FIDELITY INVESTMENTS INSTITUTIONAL SERVICES COMPANY, INC. ("FIIS")
AND THE FUNDS THAT WE HAVE RECEIVED SUBSCRIPTION ORDERS FOR SHARES IN FULL
CONFORMITY WITH TERMS AND CONDITIONS OF THE INTERMEDIARY AGREEMENT BETWEEN US
AND FIIS. WE CONFIRM THAT WE HAVE RECEIVED FROM EACH CUSTOMER WRITTEN
CERTIFICATION OF THAT CUSTOMER'S STATUS AS AN ELIGIBLE INVESTOR IN FORM REQUIRED
BY EXHIBIT 2 TO SAID AGREEMENT OR BY THE FUNDS' APPLICATION FORM AND WE
REASONABLY BELIEVE, TO THE BEST OF OUR KNOWLEDGE, EACH CUSTOMER TO BE AN
ELIGIBLE INVESTOR, IN PARTICULAR THAT EACH CUSTOMER IS NOT A U.S. PERSON, HAS
NOT BEEN SOLICITED FOR AN INVESTMENT IN SHARES WHILE IN THE U.S. AND HAS NOT
PLACED AN ORDER WHILE IN THE U.S. WE HAVE TAKEN APPROPRIATE VERIFICATION
MEASURES CALLED FOR IN PARAGRAPH 12 OF THE FIDELITY ADVISOR WORLD FUNDS
INTERMEDIARY AGREEMENT.

                                      -10-

<PAGE>

                                    EXHIBIT 4
                            INTERMEDIARY FEE SCHEDULE

A Shares. Subject to the terms and conditions of the Fidelity Advisor World
Funds Intermediary Agreement, each calendar quarter, intermediaries that perform
support functions on behalf of shareholders of the Class A Shares ("A Shares")
of the Fidelity Advisor World Funds will earn a fee at the annualized rates
(each an "Annualized Rate"), set forth below, of average daily aggregate net
assets of their clients in the A Shares for that calendar quarter. The average
daily net aggregate assets attributable to an intermediary during each quarter
will be determined by Fidelity Investments Institutional Services Company, Inc.
("FIIS") or its designee. The fees paid to intermediaries will be paid
quarterly, normally by the eighth business day following the end of each
calendar quarter. It is understood that no fee will be payable on sales of the
Institutional Class (I Shares).

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------
                            A Shares Only                               Annualized Rate
----------------------------------------------------------------------------------------
<S>                                                                      <C>
Growth Funds, including:                                                      .50%
-----------------------
Fidelity Advisor World U.S. Large-Cap Stock Fund (Bermuda) Ltd.
Fidelity Advisor World Europe Fund (Bermuda) Ltd.
Fidelity Advisor World Southeast Asia Fund (Bermuda) Ltd.

Income Funds, including:                                                      .50%
-----------------------
Fidelity Advisor World Global High Income Fund (Bermuda) Ltd.
Fidelity Advisor World U.S. Intermediate Bond Fund (Bermuda) Ltd.

Money Market Funds, including:                                                .25%
-----------------------------
Fidelity Advisor World U.S. Treasury Money Fund (Bermuda) Ltd.
----------------------------------------------------------------------------------------
</TABLE>

The A Shares front-end sales charge, for Growth Funds and Income Funds, as
described in the Class A, Class B and Class L Offering Circular, will be paid to
intermediaries that settle client purchases gross of commissions. Amounts due to
such intermediaries normally will be paid by the second business day following
the 15th day and last day of each calendar month. It is understood that
intermediaries may instead deduct the front-end sales charge before settlement
(i.e., net of commissions).

B Shares. Subject to the terms and conditions of the Fidelity Advisor World
Funds Intermediary Agreement, each calendar quarter, intermediaries that perform
support functions on behalf of shareholders of the Class B Shares ("B Shares")
of the Fidelity Advisor World Funds will earn a fee at the annualized rates
(each an "Annualized Rate"), set forth below, of average daily aggregate net
assets of their clients in the B Shares for that calendar quarter; provided,
however, that the determination of such average daily aggregate net assets shall
include only such B share assets attributable to B Shares that have been owned
by such clients for at least one year. The average daily net aggregate net
assets attributable to an intermediary during each quarter will be determined by
FIIS or its designee, and will exclude B shares assets attributable to any B
Share that has not

                                      -11-
<PAGE>

                              EXHIBIT 4 (Continued)

reached the one-year anniversary of its date of purchase. The fees paid to
intermediaries will be paid quarterly, normally by the eighth business day
following the end of each calendar quarter. It is understood that no fee will be
payable on sales of the Institutional Class (I Shares).

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------
                           B Shares Only                                     Annualized Rate
--------------------------------------------------------------------------------------------
<S>                                                                         <C>
Growth Funds, including:                                                           .75%
-----------------------
Fidelity Advisor World U.S. Large-Cap Stock Fund (Bermuda) Ltd.
Fidelity Advisor World Europe Fund (Bermuda) Ltd.
Fidelity Advisor World Southeast Asia Fund (Bermuda) Ltd.

Income Funds, including:                                                           .75%
-----------------------
Fidelity Advisor World Global High Income Fund (Bermuda) Ltd.
Fidelity Advisor World U.S. Intermediate Bond Fund (Bermuda) Ltd.

Money Market Funds (available by B-Share exchange, only), including:               .25%
-------------------------------------------------------------------
Fidelity Advisor World U.S. Treasury Money Fund (Bermuda) Ltd.
--------------------------------------------------------------------------------------------
</TABLE>

The B Shares advanced commission, for Growth Funds and Income Funds, as
described in the Class A, Class B and Class L Offering Circular, normally will
be paid to intermediaries by the second business day following the 15th day and
last day of each calendar month.

L Shares. Subject to the terms and conditions of the Fidelity Advisor World
Funds Intermediary Agreement, each calendar quarter, intermediaries that perform
support functions on behalf of shareholders of the Class L Shares ("L Shares")
of the Fidelity Advisor World Funds will earn a fee at the annualized rates
(each an "Annualized Rate"), set forth below, of average daily aggregate net
assets of their clients in the L Shares for that calendar quarter. The average
daily net aggregate assets attributable to an intermediary during each quarter
will be determined by FIIS or its designee. The fees paid to intermediaries will
be paid quarterly, normally by the eighth business day following the end of each
calendar quarter. It is understood that no fee will be payable on sales of the
Institutional Class (I Shares).

                             [This space left blank]

                                      -12-
<PAGE>

                              EXHIBIT 4 (Continued)

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------
                   L Shares Only (formerly A Shares)                          Annualized Rate
----------------------------------------------------------------------------------------------
<S>                                                                           <C>
Growth Funds, including:                                                            .85%
-----------------------
Fidelity Advisor World U.S. Large-Cap Stock Fund (Bermuda) Ltd.
Fidelity Advisor World Europe Fund (Bermuda) Ltd.
Fidelity Advisor World Southeast Asia Fund (Bermuda) Ltd.

Income Funds, including:                                                            .85%
-----------------------
Fidelity Advisor World Global High Income Fund (Bermuda) Ltd.
Fidelity Advisor World U.S. Intermediate Bond Fund (Bermuda) Ltd.

Money Market Funds, including:                                                      .25%
-----------------------------
Fidelity Advisor World U.S. Treasury Money Fund (Bermuda) Ltd.
----------------------------------------------------------------------------------------------
</TABLE>

The L Shares front-end sales charge, for Growth Funds and Income Funds, as
described in the Class A, Class B and Class L Offering Circular, will be paid to
intermediaries that settle client purchases gross of commissions. Amounts due to
such intermediaries normally will be paid by the second business day following
the 15th day and last day of each calendar month. It is understood that
intermediaries may instead deduct the front-end sales charge before settlement
(i.e., net of commissions).

Name of Intermediary
                                            FIDELITY INVESTMENTS INSTITUTIONAL
CBNY Investment Services Corp.             SERVICES COMPANY, INC.
--------------------------------
(Please Print)

By: /s/ Jose A. Paulucci                      /s/ Leon Kumpe
   -----------------------------            ----------------------------------
                                              Leon Kumpe -- SVP
                                            ----------------------------------
Its:
    ----------------------------
(duly authorized)                             /s/ Ken Rathgeber
                                            --------------------------------
Name  Jose A. Paulucci                         Ken Rathgeber -- EVP, COO
    ----------------------------
    (please print)

                                      -13-<PAGE>

                                                                  Exhibit 10.11

                   WITHHOLDING AGENT INDEMNIFICATION AGREEMENT

         This AGREEMENT, effective as of August 9, 2001, by and between FMR
Corp. ("FMR"), a Massachusetts corporation with its principal place of business
in Boston, Massachusetts, and CBNY Investment Services Corp. ("CBNY"), a
broker-dealer organized under the laws of the State of New York with its
principal place of business in New York, New York;

                              W I T N E S S E T H:
                              -------------------

         WHEREAS, FMR, its subsidiaries, divisions, subsidiaries' divisions, all
of their respective affiliates and entities of which they are affiliates
(hereinafter referred to collectively, with FMR, as "Fidelity") provides, among
other things, brokerage services and brokerage accounts to CBNY and to other
entities that act for and on behalf of CBNY (including FundQuest Incorporated,
"Other Entities");

         WHEREAS, CBNY provides discretionary asset management services to its
clients, some of whom are not U.S. persons (each such person an "NRA Client")
under United States tax laws and regulations (hereinafter, "United States tax
laws"), which services include directing transactions in investment securities
and cash custodied in Fidelity brokerage accounts;

         WHEREAS, CBNY and Fidelity each could be treated as withholding agents
under United States tax laws with respect to payments made by Fidelity to CBNY
for the benefit of CBNY's NRA Clients (the "Payments"), and CBNY and Fidelity
each wish to ensure that, collectively, all United States tax laws tax
withholding and reporting requirements with respect to the Payments are
satisfied;

         WHEREAS, CBNY has requested that, under applicable U.S. Treasury
regulations, Fidelity forbear from: (i) soliciting from CBNY's NRA clients
Internal Revenue Service ("IRS") Forms W-8, Forms 1001, and any successor
form(s) thereto; (ii) withholding from the Payments the withholding taxes and
back-up withholding taxes Fidelity otherwise might be required to withhold; and
(iii) filing any informational reports regarding the Payments Fidelity otherwise
might be required to report; and

         WHEREAS, Fidelity, is willing to agree to such forbearance, in return
for the representations, warranties and promises contained herein.

         NOW, THEREFORE, in consideration of these premises, the mutual promises
contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

1.   CBNY represents to Fidelity that the following statements of fact are true
     and complete in all material respects:

<PAGE>

     (a) CBNY provides investment management services, on a discretionary basis,
         to NRA Clients, the assets of which are held in discretionary
         investment management accounts by CBNY.

     (b) CBNY desires Fidelity to custody, in individual brokerage accounts for
         each of the NRA Clients (the "Brokerage Accounts"), the assets,
         primarily investment securities, including shares of mutual funds, that
         CBNY and its agents (if any) manage for NRA clients.

     (c) Each Brokerage Account established at the direction of CBNY or its
         agents will be established with a registration "CBNY for the benefit
         of", followed by a numbered sequence that will correspond to an NRA
         Client.

     (d) For none of the Brokerage Accounts established at the direction of CBNY
         or its agents will CBNY or its agents identify to Fidelity the identity
         of the underlying NRA client. No IRS Forms W-8 will be provided to
         Fidelity by CBNY or its agents. Each CNBY client underlying a Brokerage
         Account will be an NRA Client. With respect to each Brokerage Account,
         Fidelity will receive an executed and complete IRS Form W-9 from CBNY
         or its agent, and CBNY understands that Fidelity will assign CBNY's TIN
         to each Brokerage Account.

     (e) FundQuest Incorporated ("FundQuest") will provide asset allocation
         information to CBNY for CBNY to use, in its sole discretion, in
         connection with the assets in the Brokerage Accounts.

     (f) CBNY, directly or through its agents (including FundQuest), will direct
         Fidelity to execute transactions affecting the Brokerage Accounts. CBNY
         and its agents instruct Fidelity that all transaction confirmations and
         periodic statements concerning the Brokerage Accounts are to be
         delivered to CBNY.

     (g) CBNY understands that Fidelity will provide standard accounting and
         account maintenance for all positions held in each Brokerage Account.
         CBNY agrees that Payments made by Fidelity from the Brokerage Accounts
         will be made payable to CBNY, exactly as each Brokerage Account is
         registered (i.e., "CBNY for the benefit of" followed by a numbered
         sequence). CBNY understands that Fidelity will designate the nature of
         these Payments according to their source (e.g., income, gains or
         proceeds from securities sales) and that Fidelity will not report or
         withhold under United States tax laws on these Payments.

     (h) CBNY will be the sole U.S. withholding and reporting agent with respect
         to Payments from the Brokerage Accounts. To the extent required under
         United States tax laws, CBNY will assume primary responsibility for
         deducting, withholding and depositing the appropriate amounts arising
         from such Payments under United States tax laws. Further, CBNY will be
         solely responsible for all withholding and reporting obligations,
         including receipt and maintenance of certified Forms W-8 (or successor
         form(s) thereto) for each NRA Client as required under the United
         States tax laws, including compliance with

<PAGE>

         anticipated changes to regulations thereunder, when applicable with
         respect to such Payments by Fidelity to CBNY.

2.   FMR and CBNY agree that CBNY is the sole and primary withholding agent
     under United States tax laws. As such, CBNY hereby agrees to fulfill all
     applicable tax certification requirements and tax withholding and reporting
     requirements required by United States tax laws, including anticipated
     changes to such laws on the date when such changes are enforceable by the
     IRS, which arise from or in connection with any of the Payments. Without
     limiting the foregoing sentence, CBNY agrees that it shall: (i) obtain,
     maintain, retain and recertify all necessary documentation to support any
     reduced withholding on Payments from Fidelity (including IRS Forms W-8, W-9
     and 1001, and any successor form(s) thereto, as applicable); (ii) deduct,
     withhold and deposit all United States tax payments and file all
     information and reporting forms with the IRS, as required under United
     States tax laws and arising from or in connection with the Payments; and
     (iii) provide all information returns or statements to its clients, as
     required under United States tax laws and arising from or in connection
     with the Payments.

3.   CBNY agrees to notify Fidelity immediately in writing of any change in
     circumstances or occurrence of any event that may result in CBNY being
     unable to fulfill its obligations and responsibilities either under
     Paragraph 2 hereof, or under United States tax laws in connection with the
     Payments.

4.   Fidelity may reasonably request, upon written notice, that CBNY verify that
     proper IRS documentation is on file in CBNY's records to support CBNY's NRA
     Client tax-withholding and reporting processes, as should occur by
     operation of this Agreement and under applicable United States tax laws. At
     Fidelity's reasonable written request, CBNY also will certify that either
     CBNY's internal or external auditors have reviewed CBNY's record-keeping to
     ensure reasonable and adequate record-keeping by CBNY. At Fidelity's own
     expense and upon reasonable written notice to CBNY, Fidelity also may
     retain an independent public accounting firm to review CBNY's
     record-keeping as it should occur by operation of this Agreement and under
     applicable United States tax laws. If Fidelity initiates such a review,
     Fidelity will exercise reasonable efforts, as determined by industry
     standards, to cause the independent public accounting firm to maintain the
     confidentiality of the identities of NRA Clients from all persons,
     including Fidelity. CBNY agrees to cooperate reasonably with any such
     Fidelity-initiated review, including providing the Fidelity-appointed
     reviewers with copies of the IRS Forms, filings, returns and statements
     required to be completed or made by operation of this Agreement and under
     applicable United States tax laws. If CBNY fails to make the foregoing
     certification, Fidelity may either withhold from the Payments at the
     highest back-up withholding or other applicable withholding tax rate, or at
     any lower tax rate that Fidelity deems appropriate, based upon information
     available to Fidelity.

5.   CBNY and Fidelity agree to cooperate with each other and with the IRS in
     responding to any IRS audit or other inquiry regarding satisfaction of
     United States tax laws requirements arising from or in connection with the
     Payments. CBNY's and Fidelity's agreement to cooperate under this paragraph
     shall survive the termination of this Agreement.

<PAGE>

6.   CBNY agrees to indemnify and hold harmless Fidelity (and each Fidelity
     officer, director, employee or agent) from any from any and all direct or
     indirect liabilities, losses, damages and costs (including reasonable
     attorneys, audits and accounting fees) arising or resulting from CBNY's
     failure to satisfy its obligations under this Agreement. Without limiting
     the foregoing, CBNY shall indemnify and hold Fidelity harmless from any and
     all liabilities, losses, damages and costs, including all taxes, interest
     and penalties owed by Fidelity to the IRS, arising or resulting from, or in
     connection with, the arrangements contemplated herein. CBNY's obligation(s)
     to indemnify and hold harmless under this paragraph shall survive the
     termination of this Agreement.

7.   This Agreement shall be governed by the laws of the Commonwealth of
     Massachusetts, without giving effect to the choice of laws provisions
     thereof.

     IN WITNESS WHEREOF, each of the parties hereto causes this Agreement to be
executed as an instrument under seal by its duly authorized representative,
effective as of the date first written above.

CBNY INVESTMENT SERVICES CORP.

By: /s/ Jose A. Paulucci
   -----------------------------------

Its:
    ----------------------------------
         (duly authorized)

Name:   Jose A. Paulucci
      --------------------------------
         (please print)

FMR CORP.

/s/ Lena G. Goldberg
--------------------------------------
Lena Goldberg, Senior Vice President

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