0000320351-01-500034 Sample Contracts

MANAGEMENT CONTRACT between FIDELITY SELECT PORTFOLIOS: SELECT PHARMACEUTICALS PORTFOLIO and FIDELITY MANAGEMENT & RESEARCH COMPANY
Management Contract • June 11th, 2001 • Fidelity Select Portfolios • Massachusetts

AGREEMENT made this 17th day of May 2001, by and between Fidelity Select Portfolios, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of Select Pharmaceuticals Portfolio (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 SELECT PORTFOLIOS ON BEHALF OF SELECT PHARMACEUTICALS PORTFOLIO
Sub-Advisory Agreement • June 11th, 2001 • Fidelity Select Portfolios • Massachusetts

AGREEMENT made this 17th day of May, 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 Select Portfolios, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Trust") on behalf of Select Pharmaceuticals Portfolio (hereinafter called the "Portfolio").

SUB-ADVISORY AGREEMENT between FMR CO., INC. and FIDELITY MANAGEMENT & RESEARCH COMPANY
Sub-Advisory Agreement • June 11th, 2001 • Fidelity Select Portfolios • Massachusetts

AGREEMENT made this 17th day of May, 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").

GENERAL DISTRIBUTION AGREEMENT between FIDELITY SELECT PORTFOLIOS and FIDELITY DISTRIBUTORS CORPORATION
General Distribution Agreement • June 11th, 2001 • Fidelity Select Portfolios • Massachusetts

Agreement made this 17th day of May, 2001, between Fidelity Select Portfolios, a Massachusetts business trust having its principal place of business in Boston, Massachusetts and which may issue one or more series of beneficial interest ("Issuer"), with respect to shares of Select Pharmaceuticals Portfolio, a series of the Issuer, and Fidelity Distributors Corporation, a Massachusetts corporation having its principal place of business in Boston, Massachusetts ("Distributors").

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