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Change of Fund Manager under Fidelity Liquid Plus Fund

Effective November 12, 2007, Mr. Prashant Pimple has been appointed as the fund manager under Fidelity Liquid Plus Fund. He has replaced Mr. Sameer Kulkarni who will continue to manage the other existing fixed income schemes.

Mr. Pimple has over 8 years of experience in the financial sector and prior to joining Fidelity Fund Management Private Limited he was with Reliance Capital Asset Management Limited managing the fixed income schemes.