FIDELITY ADVISOR LIMITED TERM BOND PROPOSAL NUMBER PURPOSE 1 Elect Board of Trustees 2 Re-elect the accountants 3 Provide dollar-based voting rights 4 Change the way Fidelity notifies shareholders about trustee appointments 5 & 6 Permit investment in another open-ended investment company 7 Amend Bylaws of the Trust: no shareholder approval required for future amendments to the Bylaws 8 & 9 Removal of 144 month duration from the 12b-1 fee 10 & 11 Amend a sub-advisory agreement w/ FMR Far East & U.K. 12 Modify management contract to raise the Individual fee 13 Amend investment objective and eliminate certain fundamental investment policies 14 Replace fundamental investment policy with respect to maximum dollar-weighted average maturity with a non-fundamental policy 15 Replace fundamental investment policies with identical non-fundamental policies 16 Adopt a non-fundamental defensive policy 17 Amend fundamental investment limitation concerning borrowing 18 Diversification 20 Short Sales 21 Margin Purchases 23 Underwriting 24 Concentration of investments within a single industry 26 Investment in newly-formed issuers 27 Investing in oil, gas and minerla exploration 28 Investment in other investment companies 29 Investing in companies for the purpose of exercising control or management For Investment Professional Use Only