-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 B4LJcZO3LpKznsJYBovvtKswMj5zRjmhWGHBL+hxSrlyLtrgDngB93rGq6aHs/D0
 MJPeNgi7m6+vsbIwTgvYOQ==

<SEC-DOCUMENT>0000878662-97-000014.txt : 19970313
<SEC-HEADER>0000878662-97-000014.hdr.sgml : 19970313
ACCESSION NUMBER:		0000878662-97-000014
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19970312
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIDELITY PHILLIPS STREET TRUST
		CENTRAL INDEX KEY:			0000278001
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				042667982
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-02890
		FILM NUMBER:		97555378

	BUSINESS ADDRESS:	
		STREET 1:		82 DEVONSHIRE ST
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		2142816360

	MAIL ADDRESS:	
		STREET 1:		FIDLEITY INVESTMENTS MAILZONE DW4B
		STREET 2:		P.O. BOX 650471
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75265-0471

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIDELITY CASH RESERVES
		DATE OF NAME CHANGE:	19930122
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<TEXT>
 
 
  YOUR VOTE IS IMPORTANT!
Dear Shareholder:
 
To facilitate receiving your voted proxy as quickly as possible, we have
instructed our independent proxy
tabulator to forward the enclosed proxy material to you by overnight
delivery.
The attached Federal Express envelope has been provided to speed the return
of your signed proxy. To use this 
return envelope, simply call Federal Express at 1-800-238-5355. Federal
will pick up the envelope at your location.
There is no charge for either the phone call or the pick-up. 
If it is more convenient for you, you may fax your voted proxy to our
tabulator at 1-617-871-2569. Please be sure to
fax both the FRONT AND BACK of your card. 
Your vote is important. Please accept our thanks in advance for your
cooperation and prompt attention to this
matter.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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