SUPPLEMENT TO THE
FIDELITY TAX-EXEMPT
MONEY MARKET TRUST
PROSPECTUS
DATED DECEMBER 13, 1994
The following information
replaces the similar
information found in the
Expenses section beginning
on page 4.
SHAREHOLDER TRANSACTION
EXPENSES are charges you
pay when you buy, sell, or
hold shares of a fund. See
page 21 for more information
about these fees.
Maximum sales charge on
purchases and
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee
$12.00
(for accounts under $2,500)
T he following information
replaces the wire instructions
found in the "How to Buy
Shares" table on page 15.
Wire to:
Chemical Bank*,
Bank Routing #021000128,
FFC Fidelity/SAS INST DEP
Account #323039502.
Specify "Fidelity Tax-Exempt
Money Market Trust" and
include your account
number and your name.
*Shareholders must call
1-800-343-6310 before 12:00
noon to receive that day's
dividends.
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 20.
FIDELITY RESERVES THE RIGHT
TO DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500, subject to
an annual maximum charge
of $60.00 per shareholder. It
is expected that accounts will
be valued on the second
Friday in November of each
year. Accounts opened after
September 30 will not be
subject to the fee for that
year. The fee, which is
payable to the transfer agent,
is designed to offset in part
the relatively higher costs of
servicing smaller accounts.
The fee will not be deducted
from retirement accounts,
accounts using regular
investment plans, core
accounts for a Fidelity Ultra
Service Account or a
FidelityPlus brokerage
account, or if total assets in
Fidelity funds exceed
$50,000. Eligibility for the
$50,000 waiver is determined
by aggregating Fidelity
mutual fund accounts
maintained by FSC or FBSI
which are registered under
the same social security
number or which list the
same social security number
for the custodian of a
Uniform Gifts/Transfers to
Minors Act account.
SUPPLEMENT TO THE
FIDELITY TAX-EXEMPT
MONEY MARKET TRUST
PROSPECTUS
DATED DECEMBER 13, 1994
The following information
replaces the similar
information found in the
Expenses section beginning
on page 4.
SHAREHOLDER TRANSACTION
EXPENSES are charges you
pay when you buy, sell, or
hold shares of a fund. See
page 21 for more information
about these fees.
Maximum sales charge on
purchases and
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee
$12.00
(for accounts under $2,500)
T he following information
replaces the wire instructions
found in the "How to Buy
Shares" table on page 15.
Wire to:
Chemical Bank*,
Bank Routing #021000128,
FFC Fidelity/SAS INST DEP
Account #323039502.
Specify "Fidelity Tax-Exempt
Money Market Trust" and
include your account
number and your name.
*Shareholders must call
1-800-343-6310 before 12:00
noon to receive that day's
dividends.
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 20.
FIDELITY RESERVES THE RIGHT
TO DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500, subject to
an annual maximum charge
of $60.00 per shareholder. It
is expected that accounts will
be valued on the second
Friday in November of each
year. Accounts opened after
September 30 will not be
subject to the fee for that
year. The fee, which is
payable to the transfer agent,
is designed to offset in part
the relatively higher costs of
servicing smaller accounts.
The fee will not be deducted
from retirement accounts,
accounts using regular
investment plans, core
accounts for a Fidelity Ultra
Service Account or a
FidelityPlus brokerage
account, or if total assets in
Fidelity funds exceed
$50,000. Eligibility for the
$50,000 waiver is determined
by aggregating Fidelity
mutual fund accounts
maintained by FSC or FBSI
which are registered under
the same social security
number or which list the
same social security number
for the custodian of a
Uniform Gifts/Transfers to
Minors Act account.
TEM-95-2 July 17, 1995
TEM-95-2 July 17, 1995
