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: [ ] 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 (Name of Registrant as Specified In Its Charter) Advisor Series I (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: [ ] 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. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: FIDELITY ADVISOR EQUITY GROWTH FUND, FIDELITY ADVISOR MID CAP FUND, FIDELITY ADVISOR LARGE CAP FUND, FIDELITY ADVISOR TECHNOQUANT GROWTH FUND, FIDELITY ADVISOR GROWTH & INCOME FUND Telephone Voting Script Introduction HELLO, MR./MS. (SHAREHOLDER). MY NAME IS ___________. I AM CALLING ON BEHALF OF FIDELITY INVESTMENTS FOLLOWING UP ON A RECENT PROXY MAILING THEY SENT YOU REGARDING THE ______ (FIVE OPTIONS HERE: Fidelity Advisor Equity Growth Fund, Fidelity Advisor Mid Cap Fund, Fidelity Advisor Large Cap Fund, Fidelity Advisor Technoquant Growth Fund, Fidelity Advisor Growth & Income Fund). I'M ASSISTING FIDELITY IN CONNECTION WITH THE PROXY VOTE TO APPROVE SEVERAL IMPORTANT PROPOSALS THAT AFFECT THE FUND AND YOUR INVESTMENT IN IT. I AM CALLING YOU TO ENCOURAGE YOU TO VOTE YOUR PROXY IF YOU HAVE NOT YET DONE SO. THE SHAREHOLDER MEETING SCHEDULED FOR JULY 16, 1997 HAD TO BE ADJOURNED BECAUSE FIDELITY DID NOT RECEIVE ENOUGH VOTES TO REACH QUORUM ON ALL PROPOSALS. THE SHAREHOLDER MEETING HAS BEEN RESCHEDULED FOR AUGUST 4TH AT 3:00 P.M. FIDELITY IS ASKING FOR YOUR HELP TO ACHIEVE QUORUM FOR THE RESCHEDULED MEETING. HAVE YOU RECEIVED THE ______ (FIVE OPTIONS HERE: Fidelity Advisor Equity Growth Fund, Fidelity Advisor Mid Cap Fund, Fidelity Advisor Large Cap Fund, Fidelity Advisor Technoquant Growth Fund, Fidelity Advisor Growth & Income Fund) PROXY MATERIAL? THE PACKAGE WAS DATED LATE MAY. (Describe the mailings to the shareholder if he/she does not recall it ==> 6"x9" envelope with yellow and black bar down the side.) If NO: Confirm shareholder's address for the purpose of sending proxy materials. Q: COULD I PLEASE CONFIRM YOUR ADDRESS FOR THE PURPOSE OF SENDING PROXY MATERIALS TO YOU? (If address is incorrect, please write down correct address at end of script under "Comments" and forward to Fidelity.) Tell the shareholder that a new package will be mailed to him/her. Ask the shareholder to review the material upon receipt and vote his/her shares by signing, dating and mailing the proxy card in the return envelope provided, before the re-scheduled shareholder meeting on August 4, 1997. Inform the shareholder that if he/she wishes to vote by fax, he/she may do so. Thank the shareholder for his/ her time. (End phone call.) I WILL HAVE A NEW PROXY PACKAGE MAILED TO YOU. PLEASE REVIEW THE MATERIAL WHEN YOU RECEIVE IT AND VOTE YOUR SHARES BY SIGNING, DATING AND MAILING THE PROXY CARD IN THE RETURN ENVELOPE PROVIDED, TO ENSURE THAT YOUR VOTE IS COUNTED AT THE RE-SCHEDULED SHAREHOLDER MEETING FOR AUGUST 4TH. IF YOU WOULD LIKE TO VOTE BY FAX, YOU MAY FAX YOUR SIGNED PROXY CARD TO 1-888-451-8683. THANK YOU FOR YOUR TIME THIS EVENING. (End call.) If YES: Q: HAVE YOU REVIEWED THE MATERIAL? If NO: PLEASE REVIEW THE MATERIAL AT YOUR EARLIEST CONVENIENCE AND VOTE YOUR SHARES BY SIGNING, DATING AND MAILING THE PROXY CARD IN THE RETURN ENVELOPE PROVIDED, TO ENSURE THAT YOUR VOTE IS COUNTED AT THE RE- SCHEDULED MEETING: If YES: DO YOU HAVE ANY QUESTIONS? If YES: Only answer questions using the proxy material. (See attached list of approved Q&A). (DO NOT GUESS). If the shareholder has questions that are account-specific and outside the scope of the proxy statement, ask if they would like to be transferred to a Fidelity representative. If YES: Conference in Fidelity at 1-800-522-7297, introduce the customer, and transfer the call. (End call.) I'D BE GLAD TO TRANSFER YOU TO A FIDELITY REPRESENTATIVE RIGHT NOW TO HELP ANSWER YOUR QUESTIONS. PLEASE HOLD WHILE I CALL FIDELITY. (Once Fidelity rep answers and customer is still on hold ==> THIS IS ______FROM DF KING. WE ARE ASSISTING FIDELITY IN CALLING ________ (FIVE OPTIONS HERE: Fidelity Advisor Equity Growth Fund, Fidelity Advisor Mid Cap Fund, Fidelity Advisor Large Cap Fund, Fidelity Advisor Technoquant Growth Fund, Fidelity Advisor Growth & Income Fund) SHAREHOLDERS TO ENCOURAGE THEM TO VOTE THE PROXY THAT WAS RECENTLY MAILED TO THEM. I HAVE A SHAREHOLDER ON HOLD AND THEY HAVE FURTHER QUESTIONS I AM UNABLE TO ANSWER. COULD YOU PLEASE SPEAK TO HIM/HER? (Then conference call in customer and introduce customer to Fidelity rep ==> HELLO, MR./MS. ______, I HAVE ________ FROM FIDELITY ON THE LINE AND HE/SHE'LL BE HAPPY TO HELP ANSWER YOUR QUESTIONS. THANK YOU. (Transfer customer and end call.) If NO: Politely refer them to Fidelity at 1-800-522-7297. Thank the shareholder for his/ her time. (End phone call.) If shareholder sounds hostile: Thank the shareholder for his/her time. (End phone call.) OKAY, I WILL GIVE YOU FIDELITY'S PHONE NUMBER IN CASE YOU'D LIKE TO CALL THEM AT ANOTHER TIME. THE PHONE NUMBER IS 1-800-522-7297. THANK YOU FOR YOUR TIME THIS EVENING. (End call.) If not hostile: After answering all questions, offer the shareholder the opportunity to vote by telephone. Let the shareholder know that you will be recording the next part of the call, to ensure accuracy in his/her vote. Confirm the shareholder's identity by having him/her repeat his/her full name, address and the last 4 digits of his/her social security number. Record the shareholder's vote on the proposal. If the shareholder asks how the Board of Trustees voted, inform him/her that the Board of Trustees recommends a vote in favor of the proposals. Inform the shareholder that a confirmation letter will be sent to him/her, with a phone number to call if an error was made in recording his/her vote, or if he/she wishes to change his/her vote for any reason. Thank the shareholder for his/her time, and end the phone call. TO FACILITATE YOUR VOTING OF THE PROXY, YOU CAN VOTE BY TELEPHONE. IF YOU WOULD LIKE TO VOTE BY TELEPHONE, THE NEXT PART OF OUR CALL WILL BE RECORDED. THIS IS TO ENSURE THE ACCURACY OF YOUR VOTE. ALSO, WE WILL BE SENDING YOU A CONFIRMATION LETTER FOR YOUR RECORDS WITH A PHONE NUMBER TO CALL IN CASE ANY ERROR WAS MADE IN RECORDING YOUR VOTE, OR IF YOU WISH TO CHANGE YOUR VOTE FOR ANY REASON. WOULD YOU LIKE TO VOTE BY TELEPHONE? If NO: Politely refer him/her to Fidelity at 1-800- 522-7297. (end call) If YES: Confirm the shareholder's identity by having him/her repeat their full name, address and the last 4 digits of his/her social security number. Record the shareholder's vote on the proposal(s). COULD I PLEASE HAVE THE LAST FOUR DIGITS OF YOUR SOCIAL SECURITY NUMBER? (If it doesn't match, ask for the last four digits of the social security number on the account.) (If customer does not feel comfortable giving any part of his/her social security number, empathize and say that we require identification through this method to take a vote over the phone. If the customer is still uncomfortable, explain that while you cannot take the vote over the phone, you can mail him/her proxy materials and they can vote by mail.) I UNDERSTAND THAT YOU MAY FEEL UNCOMFORTABLE GIVING PART OF YOUR SOCIAL SECURITY NUMBER OVER THE PHONE. IT IS PART OF OUR REQUIRED PROCEDURES, HOWEVER, TO ENSURE PROPER IDENTIFICATION BEFORE WE TAKE ANY VOTES OVER THE PHONE. IS THIS OK WITH YOU? (If customer agrees, proceed with vote. If customer doesn't agree, offer to send proxy materials.) AGREES TO GIVE LAST FOUR DIGITS OF SSN: NOW I WILL READ YOU THE PROPOSALS AND ASK YOU WHETHER YOU VOTE "FOR", "AGAINST", OR "ABSTAIN.": ADVISOR I FIDELITY ADVISOR EQUITY GROWTH FUND, FIDELITY ADVISOR MID CAP FUND, FIDELITY ADVISOR LARGE CAP FUND, FIDELITY ADVISOR TECHNOQUANT GROWTH FUND, FIDELITY ADVISOR GROWTH & INCOME FUND Please see the following grid for the applicable proposals FOR each fund and share class. FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR EQUITY GROWTH MID CAP LARGE CAP TECHNOQUANT GROWTH GROWTH & FUND FUND FUND FUND INCOME FUND Class Class Class Class Class A B T I A B T I A B T I A B T I A B T I (1) To elect a Board of Trustees x x x x x x x x x x x x x x x x x x x x (2) To ratify the selection of x x x x x x x x x x x x x x x x x x x x Coopers & Lybrand L.L.P. and Price Waterhouse L.L.P. as independent accountants of the trust (3) To amend the Declaration of x x x x x x x x x x x x x x x x x x x x Trust to provide dollar-based voting rights for shareholders of the trust (4) To amend the Declaration of x x x x x x x x x x x x x x x x x x x x Trust regarding shareholder notification of appointment of Trustees FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR EQUITY GROWTH MID CAP LARGE CAP TECHNOQUANT GROWTH GROWTH & FUND FUND FUND FUND INCOME FUND Class Class Class Class Class A B T I A B T I A B T I A B T I A B T I (5) To amend the Declaration of x x x x x x x x x x x x x x x x x x x x Trust to provide each fund with the ability to invest all of its assets in another open-end investment company with substantially the same investment objective and policies (6) To amend the Bylaws of the x x x x x x x x x x x x x x x x x x x x trust to require only Trustee approval of changes to the Bylaws (7) To adopt a new fundamental x x x x investment policy for Equity Growth Fund to permit the fund to invest all of its assets in another open-end investment company with substantially the same investment objective and policies (8) To approve an amended x x x x Management Contract for Equity Growth Fund (9) To approve an amended x x x x Sub-Advisory Agreement between Equity Growth Fund and FMR Far East (10) To approve an amended x x x x Sub-Advisory Agreement between Equity Growth Fund and FMR U.K. (11) To amend the Class T x Distribution and Service Plan for Equity Growth Fund (12) To amend the fundamental x x x x investment limitation on diversification for Equity Growth Fund to permit increased investment in the securities of any single issuer (13) To amend the fundamental x x x x x x x x x x x x investment limitation concerning diversification for Equity Growth Fund, Mid Cap Fund and Large Cap Fund to exclude investments in other investment companies from the limitation FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR FIDELITY ADVISOR EQUITY GROWTH MID CAP LARGE CAP TECHNOQUANT GROWTH GROWTH & FUND FUND FUND FUND INCOME FUND Class Class Class Class Class A B T I A B T I A B T I A B T I A B T I (14) To replace Equity Growth x x x x Fund's fundamental name test policy with a non-fundamental policy based on total assets (15) To eliminate Equity Growth x x x x Fund's fundamental investment policy relating to permissible repurchase agreement counterparties. (16) To amend Equity Growth x x x x Fund's fundamental investment limitation concerning real-estate (17) To adopt a fundamental x x x x investment limitation concerning the issuance of senior securities for Equity Growth Fund (18) To eliminate Equity Growth x x x x Fund's fundamental investment limitation concerning short sales of securities and replace it with a similar non-fundamental investment limitation (19) To eliminate Equity Growth x x x x Fund's fundamental investment limitation concerning margin purchases and replace it with a similar non-fundamental investment limitation (20) To amend Equity Growth x x x x Fund's fundamental investment limitation concerning borrowing (21) To amend Equity Growth x x x x Fund's fundamental investment limitation concerning lending (22) To eliminate Equity Growth x x x x Fund's fundamental investment limitation concerning investments in other investment companies (23) To eliminate Equity Growth x x x x Fund's fundamental investment limitation concerning investments in securities of newly-formed issuers (24) To eliminate Equity Growth x x x x Fund's fundamental investment limitation concerning investing in oil, gas, and mineral exploration programs. FIDELITY ADVISOR EQUITY GROWTH FUND, FIDELITY ADVISOR MID CAP FUND, FIDELITY ADVISOR LARGE CAP FUND, FIDELITY ADVISOR TECHNOQUANT GROWTH FUND, FIDELITY ADVISOR GROWTH & INCOME FUND LOG SHEET Date__________________ DF King Rep_________________ Address Correction Social Security No. (record from database; do not ask shareholder)________________ Shareholder Name_______________________________________________________ Street Address _________________________________________________________ City_________________________State_____________Zip Code_________________ Materials to Be Sent Advisor I Advisor II Proxy Card Only ________ ____________ ___________ Full Proxy Kit __________ ____________ ___________ Comments Notable Shareholder Response____________________________________________ _____________________________________________________________________ _____________________________________________________________________ Other Comments________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ Was Shareholder Transferred to Fidelity Representative? Yes_______No________