FIDELITY ADVISOR SERIES I
497, 2000-11-15
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Supplement to the
Fidelity
® Advisor
Large Cap Fund's
January 28, 2000
Prospectus
revised
February 3, 2000

The following information replaces similar information found under the heading "Conversion Feature" in the "Fund Distribution" section beginning on page 24.

Class A of the fund has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class A of the fund is authorized to pay FDC a monthly 12b-1 fee as compensation for providing services intended to result in the sale of Class A shares and/or shareholder support services. Class A of the fund may pay FDC a 12b-1 fee at an annual rate of 0.75% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class A of the fund currently pays FDC a monthly 12b-1 fee at an annual rate of 0.25% of its average net assets throughout the month. Class A's 12b-1 fee rate may be increased only when the Trustees believe that it is in the best interests of Class A shareholders to do so.


LC-00-01 November 15, 2000
1.749194.100



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