Fidelity Select Fundranker

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TOP EIGHT MODEL PORTFOLIO MARCH 2009

1. Gold (FSAGX)
2. Biotechnology (FBIOX)
3. Retailing (FSRPX)
4. Telecommunications (FSTCX)
5. Wireless (FWRLX)
6. IT Services (FBSOX)
7. Pharmaceuticals (FPHAX)
8. Medical Equipment & Systems (FSMEX)

EXCHANGES FOR MARCH 4, 2009

Sell Medical Delivery (FSHCX),
buy Retailing (FSRPX)
Sell Health Care (FSPHX),
buy Telecommunications (FSTCX)
Sell Utilities (FSUTX),
buy Wireless (FWRLX)
Sell Consumer Staples (FDFAX),
buy IT Services (FBSOX)