0000754510-03-000025 Sample Contracts

SUB-ADVISORY AGREEMENT between FIDELITY MANAGEMENT & RESEARCH COMPANY and FIDELITY MANAGEMENT & RESEARCH (U.K.) INC. and FIDELITY PURITAN TRUST ON BEHALF OF FIDELITY VALUE DISCOVERY FUND
Sub-Advisory Agreement • September 26th, 2003 • Fidelity Puritan Trust • Massachusetts

AGREEMENT made this 14th day of November, 2002, 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 (U.K.) Inc. (hereinafter called the "Sub-Advisor"); and Fidelity Puritan Trust, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Trust") on behalf of Fidelity Value Discovery Fund (hereinafter called the "Portfolio").

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GENERAL DISTRIBUTION AGREEMENT between FIDELITY PURITAN TRUST and FIDELITY DISTRIBUTORS CORPORATION
General Distribution Agreement • September 26th, 2003 • Fidelity Puritan Trust • Massachusetts

Agreement made this 14th day of November, 2002, between Fidelity Puritan Trust, 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 Fidelity Value Discovery Fund, a series of the Issuer, and Fidelity Distributors Corporation, a Massachusetts corporation having its principal place of business in Boston, Massachusetts ("Distributors").

MANAGEMENT CONTRACT between FIDELITY PURITAN TRUST: FIDELITY VALUE DISCOVERY FUND and FIDELITY MANAGEMENT & RESEARCH COMPANY
Management Contract • September 26th, 2003 • Fidelity Puritan Trust • Massachusetts

AGREEMENT made this 14th day of November 2002, by and between Fidelity Puritan Trust, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of Fidelity Value Discovery Fund (hereinafter called the "Portfolio"), and Fidelity Management & Research Company, a Massachusetts corporation (hereinafter called the "Adviser") as set forth in its entirety below.

SUB-ADVISORY AGREEMENT between FMR CO., INC. and FIDELITY MANAGEMENT & RESEARCH COMPANY
Sub-Advisory Agreement • September 26th, 2003 • Fidelity Puritan Trust • Massachusetts

AGREEMENT made this 14th day of November, 2002, 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").

Contract
Fidelity Puritan Trust • September 26th, 2003

FAX: 212 848-7179 TELEX: 667290 WUI www.shearman.com SHEARMAN & STERLING LLP 599 LEXINGTON AVENUE NEW YORK, NY 10022-6069 212 848-4000 ABU DHABI BEIJING BRUSSELS DÜSSELDORF FRANKFURT HONG KONG LONDON MANNHEIM MENLO PARK MUNICH NEW YORK PARIS ROME SAN FRANCISCO SINGAPORE TOKYO TORONTO WASHINGTON, D.C.

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