0001141980-03-000033 Sample Contracts

MANAGEMENT CONTRACT between FIDELITY SECURITIES FUND: FIDELITY REAL ESTATE INCOME FUND and FIDELITY MANAGEMENT & RESEARCH COMPANY
Management Contract • July 30th, 2003 • Fidelity Securities Fund • Massachusetts

AGREEMENT made this 16th day of January, 2003, by and between Fidelity Securities Fund, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of Fidelity Real Estate Income 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 (U.K.) INC. and FIDELITY SECURITIES FUND ON BEHALF OF FIDELITY REAL ESTATE INCOME FUND
Sub-Advisory Agreement • July 30th, 2003 • Fidelity Securities Fund • Massachusetts

AGREEMENT made this 16th day of January, 2003, 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 Securities Fund, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Trust") on behalf of Fidelity Real Estate Income Fund (hereinafter called the "Portfolio").

SUB-ADVISORY AGREEMENT between FMR CO., INC. and FIDELITY MANAGEMENT & RESEARCH COMPANY
Sub-Advisory Agreement • July 30th, 2003 • Fidelity Securities Fund • Massachusetts

AGREEMENT made this 16th day of January, 2003, 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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