FIDELITY INVESTMENT TRUST
(the "Trust")
SPECIAL MEETING OF SHAREHOLDERS
December 15, 1999
Pursuant to notice duly given, a Special Meeting of Shareholders of
FIDELITY INVESTMENT TRUST
Fidelity Latin America Fund
Fidelity Hong Kong and China Fund
Fidelity Nordic Fund
(the "Funds")
was held on December 15, 1999 at 10:00 a.m. at the principal office of
the Trust, 82 Devonshire Street, Boston, Massachusetts.
Mr. Rich Silver acted as Chairman in the absence of Mr. Edward C.
Johnson 3d and Ms. Meg DiDonna, Senior Legal Counsel, acting as
Secretary Pro Tempore, recorded the minutes. Mr. Phyllis Davis, an
Independent Trustee of the Trust, and Mr. Eric Roiter, General Counsel
of FMR, were appointed to act as proxy agents for all shareholders who
had properly returned their proxy cards.
Mr. Silver noted that the Trust has shareholder voting rights based
on the proportionate value of a shareholder's investment.
Accordingly, each shareholder is entitled to one vote for each dollar
of net asset value held on the record date for the meeting.
Ms. DiDonna reported that proxies representing at least 50.001% of
each Fund had been received. Mr. Silver announced that a quorum was
present and called the meeting of the shareholders of the Funds to
order.
Mr. Silver stated that the Secretary had presented him with the
following documents relating to the meeting:
Notice of Meeting dated October 18, 1999
Proxy Statement dated October 18, 1999
Form of Proxy
Affidavit attesting to the mailing of these documents to the record
shareholders entitled to vote at this meeting
He indicated that a list of shareholders entitled to vote at this
meeting would be made available for viewing upon request.
Mr. Silver recommended that the reading of the Notice of Meeting be
waived. There was no objection to the recommendation.
Mr. Silver stated that the first and only item of business as stated
in the Notice of Meeting and described in the Proxy Statement was to
amend each Fund's fundamental investment limitation concerning
industry concentration to permit each Fund to invest up to 35% of its
total assets in certain industries.
Ms. DiDonna reported that the proposal to amend each Fund's
fundamental investment limitation concerning industry concentration,
as set forth in the Proxy Statement, received 112,119,957.88
affirmative votes of Fidelity Latin America Fund, or 79.946% of the
votes cast at the meeting; 64,799,241.34 affirmative votes of Fidelity
Hong Kong and China Fund, or 85.562% of the votes cast at the meeting
and 45,509,799.42 affirmative votes of Fidelity Nordic Fund, or
84.498% of the votes cast at the meeting. Whereupon, it was
VOTED: That each Fund's fundamental investment limitation concerning
industry concentration be, and it hereby is, amended as set forth in
the Proxy Statement dated October 18, 1999.
There being no further business to come before the meeting, upon
motion duly made and seconded, it was
VOTED: To Adjourn.
ADJOURNED.
A TRUE RECORD.
ATTEST:
Meg DiDonna
Secretary Pro Tempore
