MEMORANDUM

DATE: September 20, 1999

TO: File

FROM: Tracey Kelly

RE: Item 77(d): Form N-SAR for Fidelity Income Fund

The following is an update to Fidelity Ginnie Mae, Fidelity Government Income, and Fidelity Intermediate Government Income pursuant to a Board approved vote on April 15, 1999.

Effective June 1, 1999, Fidelity Ginnie Mae, Fidelity Government Income,

and Fidelity Intermediate Government Income are

permitted to lend up to 15% of net assets to other funds through the

interfund lending program, and will be subject to the standard 1940

Act borrowing limit of 33 1/3% of total assets as set forth in the funds' standard fundamental borrowing limit.

The following is an additional update to Fidelity Ginnie Mae, Fidelity

Government Income, and Fidelity Intermediate Government Income pursuant to a Board approved vote on May 20,1999.

Effective June 1, 1999, Fidelity Fidelity Ginnie Mae, Fidelity

Government Income, and Fidelity Intermediate Government Income will define "total assets" for purposes of each fund's fundamental and non-fundamental name test policies to be total assets of each fund less collateral held for securities lending transactions.