Fidelity Select Fundranker

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TOP EIGHT MODEL PORTFOLIO SEPTEMBER 2007

1. Energy Service (FSESX)
2. Wireless (FWRLX)
3. Computers (FDCPX)
4. Chemicals (FSCHX)
5. Energy (FSENX)
6. Defense & Aerospace (FSDAX)
7. Natural Resources (FNARX)
8. Technology (FSPTX)

EXCHANGE FOR SEPTEMBER 6, 2007

Sell Industrial Equipment (FSCGX),
buy Defense & Aerospace (FSDAX)