Fidelity (logo) InvestmentsR||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 245 Summer Street
Boston MA  02210
617 563 7000

|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| February 1, 2016

U.S. Securities & Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Attention:  File Room

Re:	Fidelity Phillips Street Trust (the trust):
	Fidelity Government Cash Reserves (the fund)
	File Nos. 002-63350 and 811-02890

__________________________________________________________________________

Ladies and Gentlemen:

Transmitted herewith pursuant to Rule 497(j) under the Securities Act of 1933 is certification that the Prospectuses and Statement of Additional Information with respect to the above referenced fund do not differ from those filed in the most recent post-effective amendment, which was filed electronically.

||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||	Very truly yours,
	/s/ Marc Bryant
	Marc Bryant
	Secretary of the Trust