Fidelity Select Fundranker

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TOP EIGHT MODEL PORTFOLIO SEPTEMBER 2005

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

EXCHANGE FOR SEPTEMBER 2, 2005

Sell Construction & Housing (FSHOX),
buy Biotechnology (FBIOX)