Monday September 27, 8:33 am Eastern Time

Company Press Release

Fidelity Investments and CBS MarketWatch.com Website Continue Alliance With New Brokerage Service for Active Traders

Powerstreet Pro(SM) Online Trading Customers To Get Exclusive Access To MarketPulse Analytic Tool From MarketWatch.com

BOSTON--(BUSINESS WIRE)--Sept. 27, 1999-- Extending its alliance with MarketWatch.com, a leading web-based provider of financial news, programming and analytic tools, Fidelity Brokerage Services, Inc. will offer its active trader customers(1) exclusive access to the company's MarketPulse product for four months beginning this fall.

Powerstreet Pro(SM) Active Trader WebStation (located at fidelity.com) customers will have online access to MarketPulse, the Internet's first minute-by-minute, interactive tool that provides investors with a comprehensive, real-time view of U.S. securities market activity. The product features exclusive, real-time headlines and briefs on companies, markets and economies from CBS MarketWatch's reporting team in New York, San Francisco and international locations. Also included are quotes, interactive charting and an intra-day stock screener that screens stocks based on a series of key trading parameters - all designed to help active traders monitor the market and manage their investments more aggressively.

``Fidelity has always been about involved investing and providing our customers with the most comprehensive tools and information available to help them manage their personal investments,'' said Tracey Curvey, executive vice president, Fidelity Online Brokerage. ``Through our continuing alliance with MarketWatch.com, we're providing active traders with another new and powerful, web-based service to help them stay informed and in control of their finances.''

``We designed MarketPulse to go beyond traditional tools, providing timely news and commentary from our global teams of reporters and columnists,'' said MarketWatch.com President and CEO, Larry Kramer. ``That enhancement, available nowhere else, enables individuals to affordably track markets much like the professionals do.''

Fidelity Brokerage Services, Inc. offers its customers access to a full range of securities, IPOs and other public offerings for eligible brokerage customers; FundsNetwork® with more than 3,400 mutual funds; substantial commission savings; low margin rates; access to extensive independent research; a variety of cash management services for qualifying accounts and consolidated statement reporting.

Fidelity Investments is the nation's largest mutual fund company and a leading provider of financial services. Fidelity offers investment management, retirement, brokerage and shareholder services directly to individuals and institutions, and through financial intermediaries. The firm also is the No. 1 provider of 401(k) retirement savings plans, the second largest discount brokerage firm and the third largest provider of 403(b) retirement plans for not-for-profit institutions in the United States. At August 31, 1999, Fidelity had total managed assets of $846.0 billion.

For more complete information, including charges and expenses on any fund available through Fidelity, call or write for a free prospectus. Read it carefully before you invest or send money.

Fidelity Brokerage Services, Inc. Member NYSE, SIPC.

  • (1) Eligible customers are those who place at least 36 stock, bond or option trades per year.
    Contact:
         Fidelity Investments
         Corporate Communications
         (617) 563-5800