0000205323-01-500018 Sample Contracts

MANAGEMENT CONTRACT between FIDELITY BEACON STREET TRUST: FIDELITY ADVISOR TAX MANAGED STOCK FUND and FIDELITY MANAGEMENT & RESEARCH COMPANY
Management Contract • December 28th, 2001 • Fidelity Beacon Street Trust • Massachusetts

AGREEMENT made this 19th day of July 2001, by and between Fidelity Beacon Street Trust, a Delaware business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of Fidelity Advisor Tax Managed Stock Fund (hereinafter called the "Portfolio"), and Fidelity Management & Research Company, a Massachusetts corporation (hereinafter called the "Adviser") as set forth in its entirety below.

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SUB-ADVISORY AGREEMENT between FIDELITY MANAGEMENT & RESEARCH COMPANY and FIDELITY MANAGEMENT & RESEARCH (Far East) INC. and FIDELITY BEACON STREET TRUST ON BEHALF OF FIDELITY ADVISOR TAX MANAGED STOCK FUND
Sub-Advisory Agreement • December 28th, 2001 • Fidelity Beacon Street Trust • Massachusetts

AGREEMENT made this 19th day of July, 2001, by and between Fidelity Management & Research Company, a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the "Advisor"); Fidelity Management & Research (Far East) Inc. (hereinafter called the "Sub-Advisor"); and Fidelity Beacon Street Trust, a Delaware business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Trust") on behalf of Fidelity Advisor Tax Managed Stock Fund (hereinafter called the "Portfolio").

SUB-ADVISORY AGREEMENT between FMR CO., INC. and FIDELITY MANAGEMENT & RESEARCH COMPANY
Sub-Advisory Agreement • December 28th, 2001 • Fidelity Beacon Street Trust • Massachusetts

AGREEMENT made this 19th day of July, 2001, by and between FMR Co., Inc., a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the ´´Sub-Adviser") and Fidelity Management & Research Company, a Massachusetts corporation with principal offices at 82 Devonshire Street, Boston, Massachusetts (hereinafter called the ´´Adviser").

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