FIDELITY SELECT PORTFOLIOS
24F-2NT, 1994-04-26
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<PAGE>

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549

"Rule 24f-2 Notice"

Fidelity Selects


(Name of Registrant)

File No. 2-69972


</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Air Transportation Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

4,831,385 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

4,831,385 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
4,831,385

$ 
74,377,762

Redemptions See Note (2) : 

        
(4,831,385)

$ 
(74,377,762)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
5,077,239
 and $78,501,131
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Air Transportation Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: American Gold Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

10,624,400 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

46,202,228 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

42,741,926 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
42,741,926

$ 
857,107,198

Redemptions:

        
(42,741,926)

$ 
(857,107,198)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

American Gold Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Automotive Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

3,344,238 shares


(iv)    Number of Securities Sold During Fiscal Year

12,377,664 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

9,033,426 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
9,033,426

$ 
222,020,633

Redemptions:

        
(9,033,426)

$ 
(210,814,302)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
11,206,331


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $3,864.28


Fidelity Selects
:

Automotive Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Biotechnology Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

5,952,584 shares


(iv)    Number of Securities Sold During Fiscal Year

16,958,709 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

16,958,709 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
16,958,709

$ 
441,347,879

Redemptions See Note (2) : 

        
(16,958,709)

$ 
(441,347,879)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
22,006,765
 and $573,106,933
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Biotechnology Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Multimedia Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

2,018,026 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

10,652,395 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

8,634,369 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
8,634,369

$ 
223,555,203

Redemptions:

        
(8,634,369)

$ 
(220,542,573)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
3,012,630


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $1,038.85


Fidelity Selects
:

 Multimedia Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Brokerage & Investment Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

1,467,815 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

14,759,782 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

13,291,967 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
13,291,967

$ 
251,776,188

Redemptions:

        
(13,291,967)

$ 
(233,513,002)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
18,263,186


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $6,297.69


Fidelity Selects
:

Brokerage & Investment Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Chemicals Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

4,615,546 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

335,897 shares


(iv)    Number of Securities Sold During Fiscal Year

1,911,622 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

1,045,994 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
1,045,994

$ 
31,346,756

Redemptions:

        
(1,045,994)

$ 
(31,346,756)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Chemicals Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Computers Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

7,631,888 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

7,631,888 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
7,631,888

$ 
184,524,437

Redemptions:

        
(5,706,315)

$ 
(128,419,730)

Net Sales Pursuant to Rule 24f-2:

        
1,925,573

$ 
56,104,707


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $19,346.59


Fidelity Selects
:

Computers Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Construction and Housing Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

5,578,570 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

5,578,570 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
5,578,570

$ 
103,795,147

Redemptions:

        
(3,497,427)

$ 
(62,476,673)

Net Sales Pursuant to Rule 24f-2:

        
2,081,143

$ 
41,318,474


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $14,247.85


Fidelity Selects
:

Construction and Housing Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Consumer Products Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

34,074 shares


(iv)    Number of Securities Sold During Fiscal Year

1,044,542 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

1,044,542 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
1,044,542

$ 
15,698,512

Redemptions See Note (2) : 

        
(1,044,542)

$ 
(15,698,512)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
1,089,262
 and $16,130,050
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Consumer Products Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Defense Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

151,733 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

1,666,363 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

1,514,630 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
1,514,630

$ 
27,795,626

Redemptions:

        
(1,187,524)

$ 
(21,129,974)

Net Sales Pursuant to Rule 24f-2:

        
327,106

$ 
6,665,652


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $2,298.52


Fidelity Selects
:

Defense Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Developing Communications Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

17,423,530 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

17,423,530 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
17,423,530

$ 
329,361,407

Redemptions:

        
(11,874,788)

$ 
(223,354,110)

Net Sales Pursuant to Rule 24f-2:

        
5,548,742

$ 
106,007,297


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $36,554.50


Fidelity Selects
:

Developing Communications Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Electric Utilities Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

430,668 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

15,244 shares


(iv)    Number of Securities Sold During Fiscal Year

1,341,006 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

1,341,006 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
1,341,006

$ 
18,871,561

Redemptions See Note (2):

        
(1,341,006)

$ 
(18,871,561)

Note (2):  The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
3,825,797
and $49,442,596
, respectively.  An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:



0

$
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Electric Utilities Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Electronics Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

13,902,581 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

13,902,581 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
13,902,581

$ 
235,055,489

Redemptions:

        
(11,413,385)

$ 
(189,780,938)

Net Sales Pursuant to Rule 24f-2:

        
2,489,196

$ 
45,274,551


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $15,612.02


Fidelity Selects
:

Electronics Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Energy Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

17,743,944 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

17,743,944 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
17,743,944

$ 
308,653,837

Redemptions See Note (2) : 

        
(17,743,944)

$ 
(308,653,837)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
20,523,434
 and $353,996,623
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Energy Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Energy Service Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

29,627,725 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

29,627,725 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
29,627,725

$ 
360,270,405

Redemptions See Note (2) : 

        
(29,627,725)

$ 
(360,270,405)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
33,889,248
 and $417,772,180
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Energy Service Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Environmental Services Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

3,458,404 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

118,353 shares


(iv)    Number of Securities Sold During Fiscal Year

4,126,128 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

4,126,128 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
4,126,128

$ 
47,060,652

Redemptions See Note (2) : 

        
(4,126,128)

$ 
(47,060,652)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
4,401,687
 and $48,886,268
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Environmental Services Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Financial Services Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

4,310,339 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

4,310,339 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
4,310,339

$ 
238,536,955

Redemptions See Note (2) : 

        
(4,310,339)

$ 
(238,536,955)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
6,431,527
 and $347,083,133
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Financial Services Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Food & Agriculture Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

395,381 shares


(iv)    Number of Securities Sold During Fiscal Year

3,975,362 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

3,975,362 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
3,975,362

$ 
125,081,996

Redemptions See Note (2) : 

        
(3,975,362)

$ 
(125,081,996)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
4,884,544
 and $149,706,361
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Food & Agriculture Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Health Care Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

3,285,486 shares


(iv)    Number of Securities Sold During Fiscal Year

4,521,405 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

4,521,405 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
4,521,405

$ 
257,324,292

Redemptions See Note (2) : 

        
(4,521,405)

$ 
(257,324,292)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
6,474,354
 and $370,922,213
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Health Care Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Home Finance Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

19,770,402 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

19,770,402 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
19,770,402

$ 
482,332,830

Redemptions See Note (2) : 

        
(19,770,402)

$ 
(482,332,830)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
29,193,857
 and $687,125,356
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Home Finance Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Industrial Equipment Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

14,282,723 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

14,282,723 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
14,282,723

$ 
268,244,700

Redemptions:

        
(5,349,531)

$ 
(95,571,492)

Net Sales Pursuant to Rule 24f-2:

        
8,933,192

$ 
172,673,208


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $59,542.90


Fidelity Selects
:

Industrial Equipment Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Industrial Materials Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

1,850,858 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

8,798,809 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

6,947,951 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
6,947,951

$ 
161,863,652

Redemptions:

        
(3,053,659)

$ 
(60,508,680)

Net Sales Pursuant to Rule 24f-2:

        
3,894,292

$ 
101,354,972


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $34,950.24


Fidelity Selects
:

Industrial Materials Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Insurance Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

1,431,358 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

1,431,358 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
1,431,358

$ 
32,023,764

Redemptions See Note (2) : 

        
(1,431,358)

$ 
(32,023,764)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
1,788,708
 and $39,665,244
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Insurance Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Leisure Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

2,005,717 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

3,957,420 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

3,033,266 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
3,033,266

$ 
133,273,761

Redemptions:

        
(3,033,266)

$ 
(133,273,761)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Leisure Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Medical Delivery Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

754,584 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

2,122,638 shares


(iv)    Number of Securities Sold During Fiscal Year

17,052,395 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

14,175,173 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
14,175,173

$ 
247,754,837

Redemptions:

        
(12,723,955)

$ 
(213,446,953)

Net Sales Pursuant to Rule 24f-2:

        
1,451,218

$ 
34,307,884


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $11,830.39


Fidelity Selects
:

Medical Delivery Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Money Market Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

636,956,789 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

121,118,282 shares


(iv)    Number of Securities Sold During Fiscal Year

4,535,732,020 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

4,459,028,175 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
4,459,028,175

$ 
4,459,028,175

Redemptions:

        
(4,459,028,175)

$ 
(4,459,028,175)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Money Market Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Natural Gas Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

15,170,940 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

15,170,940 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
15,170,940

$ 
155,694,450

Redemptions:

        
(8,591,717)

$ 
(87,329,043)

Net Sales Pursuant to Rule 24f-2:

        
6,579,223

$ 
68,365,407


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $23,574.44


Fidelity Selects
:

Natural Gas Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Paper & Forest Products Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

4,796,431 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

208,226 shares


(iv)    Number of Securities Sold During Fiscal Year

8,097,781 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

6,246,980 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
6,246,980

$ 
113,224,182

Redemptions:

        
(6,246,980)

$ 
(113,224,182)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Paper & Forest Products Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Precious Metals Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

23,052,028 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

119,380,060 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

109,070,745 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
109,070,745

$ 
1,649,222,991

Redemptions:

        
(109,070,745)

$ 
(1,649,222,991)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Precious Metals Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Regional Banks Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

13,266,789 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

13,266,789 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
13,266,789

$ 
279,757,857

Redemptions See Note (2) : 

        
(13,266,789)

$ 
(279,757,857)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
24,299,694
 and $500,062,192
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Regional Banks Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Retailing Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

3,246,217 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

3,246,217 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
3,246,217

$ 
83,770,672

Redemptions See Note (2) : 

        
(3,246,217)

$ 
(83,770,672)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
4,546,561
 and $112,598,899
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Retailing Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Software Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

14,575,603 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

14,575,603 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
14,575,603

$ 
414,150,347

Redemptions See Note (2) : 

        
(14,575,603)

$ 
(414,150,347)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
15,154,744
 and $429,424,876
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Software Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Technology Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

8,290,523 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

10,038,649 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

9,446,149 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
9,446,149

$ 
350,325,262

Redemptions:

        
(9,446,149)

$ 
(350,325,262)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Technology Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Telecommunications Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

1,231,595 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

19,999,193 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

18,767,598 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
18,767,598

$ 
767,323,566

Redemptions:

        
(14,984,685)

$ 
(596,254,864)

Net Sales Pursuant to Rule 24f-2:

        
3,782,913

$ 
171,068,702


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $58,989.62


Fidelity Selects
:

Telecommunications Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Transportation Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

1,225,390 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

1,225,390 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
1,225,390

$ 
25,213,486

Redemptions:

        
(1,225,390)

$ 
(25,177,172)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
36,314


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $12.52


Fidelity Selects
:

Transportation Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>

<PAGE>

FILE NO. 2-69972


Fidelity Selects
: Utilities Portfolio


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended February 28, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

6,222,531 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

6,222,531 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
6,222,531

$ 
261,473,033

Redemptions See Note (2) : 

        
(6,222,531)

$ 
(261,473,033)


Note (2) :    The total number of shares redeemed for the total dollar amount of
redemptions for the fiscal period ended February 28, 1994
, aggregated
7,406,487
 and $314,447,184
, respectively. An additional filing
pursuant to Rule 24e-2 can be made to register a number of shares
that will include the share redemptions not utilized under Rule 24f-2.

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Selects
:

Utilities Portfolio


By  John H. Costello

        Assistant Treasurer

</PAGE>



FMR Corp.
82 Devonshire Street
Boston MA 02109-3614  
617 570 7000


April 21, 1994

Mr. John Costello, Assistant Treasurer
Fidelity Select Portfolios
82 Devonshire Street
Boston, Massachusetts  02109

Dear Mr. Costello:

Fidelity Select Portfolios (the trust) is a Massachusetts business trust 
created under a written Declaration of Trust executed and delivered in 
Boston, Massachusetts on November 20, 1980.  A supplement to the 
Declaration of Trust was executed on June 9, 1981 and delivered in 
Boston, Massachusetts on July 1, 1981.  A second supplement to the 
Declaration of Trust was executed on May 15, 1987 and delivered in 
Boston, Massachusetts on May 19, 1987.  A Restatement of 
Declaration of Trust was executed and delivered in Boston, 
Massachusetts on December 20, 1989.  The trust currently consists of 
36 funds.

I have conducted such legal and factual inquiry as I deem necessary for 
the purpose of rendering this opinion.

Under Article III, Section 1 of the Declaration of Trust, there may be 
one or more classes of shares of beneficial interest in the trust.  The 
beneficial interest of each class is divided into an unlimited number of 
transferable shares, without par value, each of which represents an 
equal, proportionate interest in the class with each other share of the 
class outstanding, none having priority or preference over another.  
This section provides further that the Board of Trustees may, from time 
to time, divide or combine the shares of any class into a greater or 
lesser number without thereby changing the proportionate beneficial 
interest in the class.  Under Article III, Section 3, the Trustees are 
empowered to accept investments in the trust in cash or securities from 
such persons and on such terms as they may from time to time 
authorize.  Investments in the trust, subsequent to the initial 
contribution of capital, are credited to the shareholder's account in the 
form of full and fractional shares of the trust at the net asset value per 
share next determined after the investment is received; provided, 
however, that the Trustees may, in their sole discretion, impose a sales 
charge upon investments in the trust.

By a vote adopted on November 20, 1980 and amended on February 
22, 1985, the Trustees authorized the issue and sale of an unlimited 
number of shares of beneficial interest of this trust in accordance with 
the terms included in the Registration Statement and subject to the 
limitations of the Declaration of Trust and any amendments thereto.

I understand from you that, pursuant to Rule 24f-2 under the 
Investment Company Act of 1940, the trust has registered an indefinite 
number of shares of beneficial interest under the Securities Act of 1933.  
I further understand that, pursuant to the provisions of Rule 24f-2, the 
trust is about to file with the Securities and Exchange Commission a 
notice making definite the registration of 4,925,187,416 shares of the 
trust (the shares) sold in reliance upon Rule 24f-2 during the trust's 
fiscal period March 1, 1993 to February 28, 1994.

I am of the opinion that all necessary trust action precedent to the issue 
of shares has been duly taken, and that all the shares were legally and 
validly issued and are fully paid and nonassessable, except as described 
in the trust's Statement of Additional Information under the heading 
"Description of the Trust".  In rendering this opinion, I rely on the 
representation by the trust that it or its agent received consideration for  
the shares in accordance with the Declaration of Trust, and I express no 
opinion as to compliance with the Securities Act of 1933, the 
Investment Company Act of 1940 or applicable state "Blue Sky" or 
securities laws in connection with the sale of shares.

I hereby consent to the filing of this opinion with the Securities and 
Exchange Commission in connection with a Rule 24f-2 Notice which 
you are about to file under the 1940 Act with said Commission.

Very truly yours, 



/s/Arthur S. Loring
Arthur S. Loring, Esq.
Vice President - Legal





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