FORM NSAR Q77.O Transactions effected pursuant to Rule 10F3 Fidelity Select Portfolios

Series Number

Fund

Trade Date

Settle Date

Security Name:

Size of Offering:

Aggregate Offering Value

Price:

Shares Purchased

Transaction Value

Underwriter Fidelity Purchased From

Underwriting Members:(1)

Underwriting Members:(2)

Underwriting Members:(3)

Underwriting Members:(4)

Underwriting Members:(5)

20

SELECT ENERGY

23-Apr-01

27-Apr-01

Aquila Inc

16500000

396000000

24

1000

472800

MOTC

Lehman Brothers

Merrill Lynch & Co.

Salomon Smith Barney

Credit Lyonnais Securities (USA) Inc

JP Morgan

20

SELECT ENERGY

22-May-01

25-May-01

Peabody Energy

15000000

420000000

28

500

332000

LEHM

Bear Stearns & Co. Inc.

Merrill Lynch & Co.

Morgan Stanley Dean Witter

UBS Warburg

A.G. Edwards & Sons, Inc.

5

SELECT UTILITIES GROWTH

23-Apr-01

27-Apr-01

Aquila Inc

16500000

396000000

24

1500

472800

MOTC

Lehman Brothers

Merrill Lynch & Co.

Salomon Smith Barney

Credit Lyonnais Securities (USA) Inc

JP Morgan

40

SELECT NATURAL GAS FUND

23-Apr-01

27-Apr-01

Aquila Inc

16500000

396000000

24

100

472800

MOTC

Lehman Brothers

Merrill Lynch & Co.

Salomon Smith Barney

Credit Lyonnais Securities (USA) Inc

JP Morgan

40

SELECT NATURAL GAS FUND

23-Apr-01

27-Apr-01

Aquila Inc

16500000

396000000

24

500

472800

MOTC

Lehman Brothers

Merrill Lynch & Co.

Salomon Smith Barney

Credit Lyonnais Securities (USA) Inc

JP Morgan

42

SELECT NATURAL RESOURCE

22-May-01

25-May-01

Peabody Energy

15000000

420000000

28

100

332000

LEHM

Bear Stearns & Co. Inc.

Merrill Lynch & Co.

Morgan Stanley Dean Witter

UBS Warburg

A.G. Edwards & Sons, Inc.