497 1 main.htm

Supplement to the

Fund

Class A

Class T

Class B

Class C

Institutional
Class

Fidelity AdvisorSM Diversified International Fund

FDVAX

FADIX

FDIBX

FADCX

FDVIX

Fidelity Advisor Emerging Asia Fund

FEAAX

FEATX

FERBX

FERCX

FERIX

Fidelity Advisor Emerging Markets Fund

FAMKX

FTMKX

FBMKX

FMCKX

FIMKX

Fidelity Advisor Europe Capital Appreciation Fund

FAEAX

FAECX

FBEAX

FCEAX

FIEAX

Fidelity Advisor Global Capital Appreciation Fund

FGEAX

FGETX

FGEBX

FEUCX

FEUIX

Fidelity Advisor International Capital Appreciation Fund

FCPAX

FIATX

FCPBX

FCPCX

FCPIX

Fidelity Advisor Overseas Fund

FAOAX

FAERX

FAOBX

FAOCX

FAOIX

Fidelity Advisor Value Leaders Fund

FVLAX

FVLTX

FVLBX

FVLCX

FVLIX

Funds of Fidelity Advisor Series VIII

STATEMENT OF ADDITIONAL INFORMATION

December 30, 2010

Effective immediately, the general research services agreement with Fidelity Research & Analysis Company has been terminated on behalf of the funds.

ACOM10BB-11-01 February 8, 2011
1.909881.103

Supplement to the

Fund

Class A

Class T

Class B

Class C

Institutional
Class

Fidelity® Advisor Emerging Markets Income Fund

FMKAX

FAEMX

FBEMX

FMKCX

FMKIX

Fidelity Advisor Mid Cap II Fund

FIIAX

FITIX

FIIBX

FIICX

FIIMX

Fidelity Advisor New Insights Fund

FNIAX

FNITX

FNIBX

FNICX

FINSX

Funds of Fidelity Advisor Series I, Fidelity Advisor Series VIII, and Fidelity Contrafund®

STATEMENT OF ADDITIONAL INFORMATION

March 1, 2010

Effective immediately, the general research services agreement with Fidelity Research & Analysis Company has been terminated on behalf of the funds.

Effective October 1, 2010, the master international research agreement with FIL Investment Advisors and the sub-research agreements with FIL Investment Advisors (U.K.) Ltd. and FIL Investments (Japan) Limited have been terminated on behalf of the funds.

ACOM12B-11-01 February 8, 2011
1.863512.105