FIDELITY CONTRAFUND
497, 1995-11-09
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   SUPPLEMENT TO 
 
FIDELITY CONTRAFUND
 
PROSPECTUS
DATED FEBRUARY 17, 1995
The following information 
replaces similar information 
found under the "Waivers" 
section beginning on page 28:
    9.    If you invest as part of a 
payroll deduction program 
through an employer who 
also maintains a 
Fidelity-sponsored employee 
benefit plan or is a member 
of the Fidelity Retail Advisory 
Group, provided the 
employer enters into a load 
waiver agreement which 
specifies certain qualifying 
restrictions and operating 
provisions.    
   
 
   
   
   
   
   SUPPLEMENT TO 
 
FIDELITY CONTRAFUND
 
PROSPECTUS
DATED FEBRUARY 17, 1995
The following information 
replaces similar information 
found under the "Waivers" 
section beginning on page 28:
    9.    If you invest as part of a 
payroll deduction program 
through an employer who 
also maintains a 
Fidelity-sponsored employee 
benefit plan or is a member 
of the Fidelity Retail Advisory 
Group, provided the 
employer enters into a load 
waiver agreement which 
specifies certain qualifying 
restrictions and operating 
provisions.    
   
 
   
   
   
   
   CON-95-1 October 23, 1995
CON-95-1 October 23, 1995
FIDELITY CONTRAFUND
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED FEBRUARY 17, 1995
The following information replaces that found in the section entitled
"Additional Purchase and Redemption Information" beginning on page 14.
10. to shares purchased as part of a payroll deduction program (including
shares purchased in an amount less than $5,000 by participants in the
program within three months of the commencement of their participation in
the program from sources other than payroll deduction) through an employer
who has entered into a load waiver agreement and who (i) maintains an
employee benefit plan that either qualifies for exemption (1) above or is
in the CORPORATEplan for Retirement Program and has at least some of its
plan assets in Fidelity-managed products, or (ii) is a member of the
Fidelity Retail Advisory Group and has more than 500 employees.
CONB-95-1 October 23, 1995    



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