Fidelity Select Fundranker

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TOP EIGHT MODEL PORTFOLIO AUGUST 2005

1. Energy Service (FSESX)
2. Energy (FSENX)
3. Natural Gas (FSNGX)
4. Natural Resources (FNARX)
5. Construction & Housing (FSHOX)
6. Medical Delivery (FSHCX)
7. Brokerage & Investment Mgmt (FSLBX)
8. Wireless (FWRLX)

EXCHANGE FOR AUGUST 3, 2005

Sell Utilities Growth (FSUTX),
buy Wireless (FWRLX)