VARIABLE INSURANCE PRODUCTS III
497J, 1997-11-04
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FIDELITY (LOGO) INVESTMENTS(registered trademark)   FMR Corp.              
                                                    82 Devonshire Street   
                                                    Boston MA              
                                                    02109-3614             
                                                    617 563 7000           
 
                        November 4, 1997   
 
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC  20549
Attention:   File Room   
 
                                                          
 
RE:   Variable Insurance Products Fund III (the trust):   
 
      Balanced Portfolio, Growth & Income Portfolio       
 
      and Growth Opportunities Portfolio (the funds)      
 
      File Nos. 33-54837 and 811-7205                     
 
_____________________________________________________________________
____
Ladies and Gentlemen:
 Transmitted herewith pursuant to Rule 497(j) under the Securities Act
of 1933 is certification that the Prospectus and Statement of
Additional Information with respect to the above referenced funds does
not differ from that filed in the most recent post-effective
amendment, which was filed electronically.
                        Very truly yours,   
 
                                            
 
                                            
 
                                            
 
                        Arthur S. Loring    
 
                        Secretary           
 



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