SUPPLEMENT TO THE FIDELITY SMALL CAP STOCK FUND, FIDELITY MID-CAP
STOCK FUND AND FIDELITY LARGE CAP STOCK FUND JUNE 19, 1998 PROSPECTUS
The following information replaces similar information on the cover of
the prospectus:
FIDELITY SMALL CAP STOCK FUND (CLOSED TO NEW ACCOUNTS)
The following information replaces similar information found in the
"Who May Want to Invest" section on page 3:
Effective the close of business on November 17, 1998, shareholders of
Small Cap Stock may purchase additional shares of Small Cap Stock in
accounts existing on that date. Investors who do not own shares of
Small Cap Stock on November 17, 1998, generally will not be allowed to
purchase shares of Small Cap Stock except that new accounts may be
established: 1) by participants in most group employer retirement
plans (and their successor plans) in which Small Cap Stock has been
established as an investment option by May 14, 1998, and 2) for
accounts managed on a discretionary basis by certain registered
investment advisors that have discretionary assets of at least $500
million invested in mutual funds and have included Small Cap Stock in
their discretionary account program since May 14, 1998. These
restrictions generally will apply to investments made directly with
Fidelity and investments made through intermediaries. Investors may be
required to demonstrate eligibility to purchase shares of the fund
before an investment is accepted.
The following information replaces similar information found in the
"How to Buy Shares" section on page 24:
Your shares will be purchased at the next NAV calculated after your
investment is received in proper form. Each fund's NAV is normally
calculated each business day at 4:00 p.m. Eastern time.
Shares of Small Cap Stock are offered to current shareholders only.
