Investigation Announced on Behalf of Fidelity Utlra-Short Bond Fund Investors

DENVER, April 28, 2008 (Lawfuel) — The law firm of Dyer &
Berens LLP (www.berenslaw.com) announced today that it has initiated an
investigation on behalf of investors in the Fidelity Ultra-Short Bond
Fund (Ticker: FUSFX) concerning whether Fidelity Investments and others
may have misrepresented the risks associated with the investment and/or
failed to adequately disclose that the Fidelity Ultra-Short Bond Fund
was so heavily invested in high-risk mortgage-back securities. Dyer &
Berens LLP believes that investors may have legal claims under the
federal securities laws for losses associated with the potential
misrepresentations and/or omissions.

If you purchased Fidelity Ultra-Short Bond Fund shares and suffered
losses, or have information relevant to the investigation, you may
contact Jeffrey A. Berens, Esq. at 1-888-300-3362, 303-861-1764 or via
email at [email protected]

Dyer & Berens LLP specializes in complex class action litigation on
behalf of injured investors throughout the nation. The firm’s extensive
experience in securities litigation, particularly in cases brought
under the Private Securities Litigation Reform Act, has contributed to
the recovery of hundreds of millions of dollars for aggrieved
investors. Its attorneys have served as lead or liaison counsel in many
securities fraud class actions, including: In re Qwest Comm’ns Int’l
Sec. Litig.; Croker v. Carrier Access Corp.; UFCW Local 880-Retail
Employers Joint Pension Fund v. Newmont Mining Corp.; Rasner v.
FirstWorld Comm’ns, Inc.; In re ICG Comm’ns Sec. Litig.; Angres v.
Smallworldwide, PLC; In re Ultimate Electronics, Inc. Sec. Litig.;
Kerns v. SpectraLink Corp.; Queen Uno Ltd. v. Coeur d’Alene Mines
Corp.; Toothman v. One-Stop Wireless of America; and In re
Tele-Communications, Inc. Sec. Litig.

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