FIDELITY UPDATE

This document is issued by Fidelity Investments Australia Limited ABN 34 006 773 575, AFSL No. 237 865 (“Fidelity Australia”). Fidelity Australia is a member of the Fidelity group of companies (“Fidelity”), comprising Fidelity International Limited, a company established in Bermuda, and FMR LLC, a company established in the United States, and their respective subsidiary companies and affiliates.

This document has been prepared without taking into account your objectives, financial situation or needs. You should consider these matters before acting on the information. You should consider the Product Disclosure Statements (PDS) for respective Fidelity Australia products before making a decision whether to acquire or hold the product. The relevant PDS can be obtained by contacting Fidelity Australia on 1800 119 270 or by downloading from our website at www.fidelity.com.au. The relevant PDS for the Wealth Personal Superannuation and Pension Fund is available at www.axa.com.au/axa/axa.nsf/Content/Super_ProtectedSuper. The issuer of the Wealth Personal Superannuation and Pension Fund is N.M. Superannuation Pty Ltd.

This document is intended for the general information of financial advisers and “wholesale” clients (as defined in the Corporations Act 2001) only. This document may not be reproduced or transmitted without the prior written permission of Fidelity (and must not be passed to retail investors). The issuer of the managed investment schemes mentioned is Perpetual Trust Services Limited (“Perpetual”) ABN 48 000 142 049. Perpetual is not the publisher of this document and takes no responsibility for its content. Details about Fidelity Australia’s provision of financial services to retail clients are set out in our Financial Services Guide, a copy of which can be downloaded from our website at www.fidelity.com.au

All views expressed in this document are those of Fidelity Investments and should not be construed as an offer or recommendation at any time. Unless otherwise indicated, the source of economic data is Bloomberg, DataStream and RIMES

Past performance is not indicative of future performance. The return of capital is not guaranteed.

© Fidelity Investments Australia Limited 2008