SUPPLEMENT TO THE
FIDELITY ADVISOR EMERGING ASIA FUND
CLASS A, CLASS T, CLASS B, CLASS C, AND INSTITUTIONAL CLASS
JUNE 15, 1999
STATEMENT OF ADDITIONAL INFORMATION
THE FOLLOWING INFORMATION SUPPLEMENTS INFORMATION FOUND IN THE
"INVESTMENT POLICIES AND LIMITATIONS" SECTION ON PAGE 3.
For purposes of normally investing at least 65% of the fund's total
assets in equity and debt securities of Asian emerging market issuers,
FMR interprets "total assets" to exclude collateral received for
securities lending transactions.
THE FOLLOWING TABLE REPLACES A SIMILAR TABLE FOUND IN THE "TRUSTEES
AND OFFICERS" SECTION BEGINNING ON PAGE 36.
The following table sets forth information describing the compensation
of each Trustee and Member of the Advisory Board of the fund for his
or her services for the calendar year ended December 31, 1998.
<TABLE>
<CAPTION>
<S> <C> <C>
COMPENSATION TABLE
Trustees and Members of the Aggregate Compensation from Total Compensation from the
Advisory Board the FundB,+ Fund Complex*,A
Edward C. Johnson 3d** $ 0 $ 0
Abigail P. Johnson** 0 0
J. Gary Burkhead** 0 0
Ralph F. Cox 25 223,500
Phyllis Burke Davis 24 220,500
Robert M. Gates 25 223,500
E. Bradley Jones 25 222,000
Donald J. Kirk 25 226,500
Peter S. Lynch** 0 0
William O. McCoy 25 223,500
Gerald C. McDonough 30 273,500
Marvin L. Mann 24 200,500
Robert C. Pozen** 0 0
Thomas R. Williams 25 223,500
</TABLE>
* Information is for the calendar year ended December 31, 1998 for 237
funds in the complex.
** Interested Trustees of the fund, Ms. Johnson and Mr. Burkhead, are
compensated by FMR.
+ Figures presented are estimated for the fund's first fiscal year
ending October 31, 1999.
A Compensation figures include cash, amounts required to be deferred,
and may include amounts deferred at the election of Trustees. For the
calendar year ended December 31, 1998, the Trustees accrued required
deferred compensation from the funds as follows: Ralph F. Cox,
$75,000; Phyllis Burke Davis, $75,000; Robert M. Gates, $75,000; E.
Bradley Jones, $75,000; Donald J. Kirk, $75,000; William O. McCoy,
$75,000; Gerald C. McDonough, $87,500; Marvin L. Mann, $75,000; and
Thomas R. Williams, $75,000. Certain of the non-interested Trustees
elected voluntarily to defer a portion of their compensation as
follows: Ralph F. Cox, $55,039; Marvin L. Mann, $55,039; Thomas R.
Williams, $63,433; and William O. McCoy, $55,039.
B Compensation figures include cash, and may include amounts required
to be deferred and amounts deferred at the election of Trustees.
