SUPPLEMENT TO THE SPARTAN(registered trademark) MARYLAND MUNICIPAL
INCOME FUND OCTOBER 20, 1998 PROSPECTUS
The following information replaces similar information found under the
heading "FMR and Its Affiliates" in the "Charter" section on page 9.
Citibank, N.A. is the fund's transfer agent, and is located at 111
Wall Street, New York, New York. Citibank, N.A. employs Fidelity
Service Company (FSC) to perform transfer agent servicing functions
for the fund.
The following information replaces similar information found under the
heading "Management Fee" in the "Breakdown of Expenses" section on
page 15.
Citibank, N.A. is the transfer and service agent for the fund.
Citibank, N.A. has entered into sub-agreements with FSC under which
FSC performs transfer agency, dividend disbursing, shareholder
servicing, and accounting functions for the fund. These services
include processing shareholder transactions, valuing the fund's
investments, and calculating the fund's share price and dividends.
FMR, not the fund, pays for these services.
SUPPLEMENT TO THE SPARTAN(Registered trademark) MARYLAND
MUNICIPAL INCOME FUND
A FUND OF FIDELITY UNION STREET TRUST
OCTOBER 20, 1998
STATEMENT OF ADDITIONAL INFORMATION
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "TRANSFER AGENT" ON THE COVER PAGE.
TRANSFER AGENT
Citibank, N.A. and
Fidelity Service Company, Inc. (FSC)
THE FOLLOWING INFORMATION REPLACES THE INFORMATION FOUND IN THE FIRST,
FOURTH, AND SIXTH PARAGRAPHS FOUND IN THE "CONTRACTS WITH FMR
AFFILIATES" SECTION BEGINNING ON PAGE 26.
CONTRACTS WITH FMR AFFILIATES
The fund has entered into a transfer agent agreement with Citibank,
N.A., which is located at 111 Wall Street, New York, New York. Under
the terms of the agreement, Citibank, N.A. provides transfer agency,
dividend disbursing, and shareholder services for the fund. Citibank,
N.A. in turn has entered into a sub-transfer agent agreement with FSC,
an affiliate of FMR. Under the terms of the sub-agreement, FSC
performs all processing activities associated with providing these
services for the fund and receives all related transfer agency fees
paid to Citibank, N.A.
In addition, Citibank, N.A. receives the pro rata portion of the
transfer agency fees applicable to shareholder accounts in a qualified
state tuition program (QSTP), as defined under the Small Business Job
Protection Act of 1996, managed by FMR or an affiliate and each
Fidelity Freedom Fund, a fund of funds managed by an FMR affiliate,
according to the percentage of the QSTP's or Freedom Fund's assets
that is invested in the fund.
The fund has also entered into a service agent agreement with
Citibank, N.A. Under the terms of the agreement, Citibank, N.A.
provides pricing and bookkeeping services for the fund. Citibank, N.A.
in turn has entered into a sub-service agent agreement with FSC. Under
the terms of the sub-agreement, FSC performs all processing activities
associated with providing these services, including calculating the
NAV and dividends for the fund and maintaining the fund's portfolio
and general accounting records, and receives all related pricing and
bookkeeping fees paid to Citibank, N.A.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "CUSTODIAN" IN THE "DESCRIPTION OF THE TRUST" SECTION ON PAGE
28.
CUSTODIAN. Citibank, N.A., 111 Wall Street, New York, New York, is
custodian of the assets of the fund. The custodian is responsible for
the safekeeping of a fund's assets and the appointment of any
subcustodian banks and clearing agencies. The custodian takes no part
in determining the investment policies of a fund or in deciding which
securities are purchased or sold by a fund. However, a fund may invest
in obligations of the custodian and may purchase securities from or
sell securities to the custodian.
SUPPLEMENT TO THE SPARTAN(registered trademark) SHORT-INTERMEDIATE
MUNICIPAL INCOME FUND
OCTOBER 20, 1998 PROSPECTUS
The following information replaces similar information found under the
heading "FMR and Its Affiliates" in the "Charter" section on page 9.
Citibank, N.A. is the fund's transfer agent, and is located at 111
Wall Street, New York, New York. Citibank, N.A. employs Fidelity
Service Company, Inc. (FSC) to perform transfer agent servicing
functions for the fund.
The following information replaces similar information found under the
heading "Management Fee" in the "Breakdown of Expenses" section
beginning on page 14.
Citibank, N.A. is the transfer and service agent for the fund.
Citibank, N.A. has entered into sub-agreements with FSC under which
FSC performs transfer agency, dividend disbursing, shareholder
servicing, and accounting functions for the fund. These services
include processing shareholder transactions, valuing the fund's
investments, and calculating the fund's share price and dividends.
FMR, not the fund, pays for these services.
SUPPLEMENT TO THE
SPARTAN(registered trademark) SHORT-INTERMEDIATE MUNICIPAL INCOME FUND
OCTOBER 20, 1998
STATEMENT OF ADDITIONAL INFORMATION
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "TRANSFER AGENT" ON THE COVER PAGE.
TRANSFER AGENT
Citibank, N.A.
and Fidelity Service Company, Inc. (FSC)
THE FOLLOWING INFORMATION REPLACES THE INFORMATION FOUND IN THE FIRST,
FOURTH, AND SIXTH PARAGRAPHS FOUND IN THE "CONTRACTS WITH FMR
AFFILIATES" SECTION ON PAGE 21.
The fund has entered into a transfer agent agreement with Citibank,
N.A. Under the terms of the agreement, Citibank, N.A. provides
transfer agency, dividend disbursing, and shareholder services for the
fund. Citibank, N.A. in turn has entered into a sub-transfer agent
agreement with FSC, an affiliate of FMR. Under the terms of the
sub-agreement, FSC performs all processing activities associated with
providing these services for the fund and receives all related
transfer agency fees paid to Citibank, N.A.
In addition, Citibank, N.A. receives the pro rata portion of the
transfer agency fees applicable to shareholder accounts in a qualified
state tuition program (QSTP), as defined under the Small Business Job
Protection Act of 1996, managed by FMR or an affiliate and each
Fidelity Freedom Fund, a fund of funds managed by an FMR affiliate,
according to the percentage of the QSTP's or Freedom Fund's assets
that is invested in the fund.
The fund has also entered into a service agent agreement with
Citibank, N.A. Under the terms of the agreement, Citibank, N.A.
provides pricing and bookkeeping services for the fund. Citibank, N.A.
in turn has entered into a sub-service agent agreement with FSC. Under
the terms of the sub-agreement, FSC performs all processing activities
associated with providing these services, including calculating the
NAV and dividends for the fund and maintaining the fund's portfolio
and general accounting records, and receives all related pricing and
bookkeeping fees paid to Citibank, N.A.
THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "CUSTODIAN" IN THE "DESCRIPTION OF THE TRUST" SECTION ON PAGE
22.
CUSTODIAN. Citibank, N.A., 111 Wall Street, New York, New York, is
custodian of the assets of the fund. The custodian is responsible for
the safekeeping of a fund's assets and the appointment of any
subcustodian banks and clearing agencies. The custodian takes no part
in determining the investment policies of a fund or in deciding which
securities are purchased or sold by a fund. However, a fund may invest
in obligations of the custodian and may purchase securities from or
sell securities to the custodian.