FIDELITY ADVISOR SERIES V
DEFA14A, 1997-06-06
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SCHEDULE 14A INFORMATION
 
PROXY STATEMENT PURSUANT TO SECTION 14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934
                 Filed by the Registrant                      [X]    
 
                 Filed by a Party other than the Registrant   [  ]   
 
Check the appropriate box:
 
<TABLE>
<CAPTION>
<S>    <C>                                                                               
[  ]   Preliminary Proxy Statement                                                       
 
                                                                                         
 
[  ]   Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))   
 
                                                                                         
 
[  ]   Definitive Proxy Statement                                                        
 
                                                                                         
 
[X]    Definitive Additional Materials                                                   
 
                                                                                         
 
[  ]   Soliciting Material Pursuant to Sec. 240.14a-11(c) or Sec. 240.14a-12             
 
</TABLE>
 
      (Name of Registrant as Specified In Its Charter)         
       Fidelity Advisor Series V                               
 
            (Name of Person(s) Filing Proxy Statement, if other than the    
            Registrant) Arthur S. Loring, Secretary                         
 
Payment of Filing Fee (Check the appropriate box):
[X]    No fee required.                                                  
 
                                                             
 
[  ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.   
 
            (1)   Title of each class of securities to which                
 
                  transaction applies:                                      
 
                                                                            
 
            (2)   Aggregate number of securities to which                   
 
                  transaction applies:                                      
 
                                                                            
 
            (3)   Per unit price or other underlying value of transaction   
 
                  computed pursuant to Exchange Act Rule 0-11:              
 
                                                                            
 
            (4)   Proposed maximum aggregate value of transaction:          
 
                                                                            
 
            (5)   Total Fee Paid:                                           
 
 
<TABLE>
<CAPTION>
<S>    <C>                                                                                          
[  ]   Fee paid previously with preliminary materials.                                              
 
                                                                                                    
 
[  ]   Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a) (2)      
 
       and identify the filing for which the offsetting fee was paid previously.  Identify the      
 
       previous filing by registration statement number, or the Form or Schedule and the date of    
 
       its filing.                                                                                  
 
</TABLE>
 
      (1)   Amount Previously Paid:                         
 
                                                            
 
      (2)   Form, Schedule or Registration Statement No.:   
 
                                                            
 
      (3)   Filing Party:                                   
 
                                                            
 
      (4)   Date Filed:                                     
 
 
 
3RD REQUEST
URGENT PROXY INFORMATION...
PLEASE CAST YOUR VOTE NOW!
Dear Fidelity Advisor Funds Shareholder:
Several weeks ago, we mailed you proxy information so that you could vote
on important proposals that affect your fund(s).  This information
described each proposal and asked for your vote on all of the issues.  It
has been called to our attention that we have not yet received your ballot.
I AM WRITING TO REMIND YOU THAT YOUR PARTICIPATION IS EXTREMELY IMPORTANT. 
The shareholder meeting cannot be held until we receive a majority of the
votes.  Your vote affects the quorum, and your prompt attention to this
request will save the cost of further solicitations.
You may cast your vote for, against, or to abstain on the proposals by
completing the proxy card and returning it in the envelope provided. 
Remember, this is an opportunity to voice your opinion on matters
concerning your fund(s).  IT IS IMPORTANT THAT YOU TAKE PART IN THE VOTING
PROCESS NO MATTER HOW MANY OR HOW FEW SHARES YOU OWN.
To cast your ballot, simply record your vote on the enclosed proxy card. 
Be sure to sign the card before mailing it in the postage paid envelope
provided.  Your also have the option of voting your shares over the
telephone by calling toll-free 800-454-8683.
REMEMBER, VOTING IS QUICK AND EASY.  EVERYTHING YOU NEED IS ENCLOSED.
If you have already voted, thank you for your prompt response. If you have
any further questions, please contact your financial advisor.
Thank you.  We appreciate your immediate attention.
Sincerely,
Edward C. Johnson 3d
Chairman and Chief Executive Officer
    
          AVIII-MPXL2-0597



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