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Supplement to the
Fidelity^® Equity-Income II Fund January 29, 2008 Prospectus

Fidelity Equity-Income II Fund is composed of multiple classes of shares. References to the fund are deemed to include class where applicable.

EII-08-01 May 9, 2008
1.734046.114

Supplement to the
Fidelity^® Independence Fund
January 29, 2008
Prospectus

Fidelity Independence Fund is composed of multiple classes of shares. References to the fund are deemed to include class where applicable.