BOSTON and WAYNE, Pa, August 1, 2006 – Fidelity Investments and SunGard (www.sungard.com) today announced an exclusive agreement to integrate the brokerage services of Fidelity’s Registered Investment Advisor Group with the transaction processing capabilities of the SunGard Transaction Network (STN).

Through the joint offering, approximately 600 financial intermediary customers with assets of over $100 billion, currently using STN, will have access to an enhanced set of services accessible through a single connection, helping them to more effectively process their clients’ wealth management and retirement plan needs. The offering also will be available to Fidelity’s 170 bank trust and third-party administrator customers, as well as other financial intermediaries in these markets.

The ability to access a complete set of trade automation technology and brokerage services from a single platform will help intermediaries, such as banks, trust providers and retirement plan recordkeepers, conduct mutual fund trading and settlement, and simplify administration, accounting and reporting, while achieving straight-through processing.

As part of the agreement, Fidelity will be the provider of brokerage, custody and clearing services for customers of STN Funds.1 STN Funds will continue to provide trade automation, systems integration and software solutions. Fidelity and SunGard will jointly market and distribute the enhanced service to financial intermediaries, including existing customers of STN Funds. Both firms are also committed to investing in technology to further enhance the joint offering and integration with SunGard’s recordkeeping and trust systems.

Kevin Rafferty, president of the SunGard Transaction Network, said, “Our goal is to provide our customers with the most comprehensive set of trading capabilities available. One of the ways we’re enhancing STN Funds is through the incorporation of brokerage services via our alliance with Fidelity. By providing access to Fidelity’s brokerage services through an STN connection, our institutional benefit administration, trust and wealth management customers will receive an expanded set of integrated investment and trade processing capabilities that can help them grow their businesses at a more rapid pace.”

“We are very excited about integrating our brokerage services with SunGard’s trade automation capabilities. We believe that the enhanced set of services offered by this single platform sets a new standard in the bank trust and retirement plan recordkeeper industries by offering a full-service solution that not only can help them drive operational efficiencies, but also more effectively meet the evolving investment management needs of their clients, such as the growing demand for trusts among the maturing boomer generation,” said William C. Carey, president, Fidelity Registered Investment Advisor Group. “Our business continues to experience significant growth, and our alliance with SunGard accelerates that growth and adds further scale to our business, helping benefit all our clients.”

1 Through its registered broker/dealers, Fidelity Brokerage Services LLC and National Financial Services LLC.

In addition to its 3,100 Registered Investment Advisor clients, Fidelity has been providing clearing, custody and brokerage services to bank trust departments and third-party administrators (TPAs) for nearly 15 years. As of June 30, 2006, Fidelity served 170 bank trust departments and TPAs with assets of more than $50 billion. As demand for the professional services offered by these segments increases, Fidelity will continue to make the investments, such as the one it is making with SunGard, to ensure that these financial intermediaries have access to the technology, products and services that meet their distinct and evolving needs.

About Fidelity Registered Investment Advisor Group

Fidelity is a leading provider of wealth management, custody and brokerage services to financial intermediaries. The company custodies more than $210 billion in assets on behalf of 3,100 RIAs and 170 bank trust and TPA firms, as of June 30, 2006. Fidelity provides access to a flexible, open technology environment, extensive practice management resources, and wealth management investments and services – all backed by the long-term commitment of a private company. Dedicated relationship professionals work consultatively to help clients choose the products and services that are in the best interests of their clients and make the most sense for their business. For more information about Fidelity’s services, please visit http://ria.fidelity.com.

About Fidelity Investments

Fidelity Investments is one of the world’s largest providers of financial services, with custodied assets of more than $2.6 trillion, including managed assets of $1.3 trillion as of June 30, 2006. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 22 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit www.fidelity.com .

About the SunGard Transaction Network

A trade automation and connectivity solution, the SunGard Transaction Network (STN) links institutions throughout the financial services value chain, facilitating the purchase and sale of multiple asset classes, including US and foreign equities, fixed income, mutual funds, money market funds, certificates of deposit, and commercial paper. Integrated directly with SunGard systems and with third-party systems, STN helps automate the transaction lifecycle. To learn more about STN, visit us on the Web at www.sungard.com/stn.

About SunGard

With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 50 largest financial services companies. Visit SunGard at www.sungard.com.

SunGard and Fidelity Investments are independent organizations and are not affiliated.

Trademark Information: SunGard, the SunGard logo, and STN are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

Brokerage products and services offered by STN are provided by SunGard Institutional Brokerage Inc., Member NASD/SIPC.

Clearing, custody or other brokerage services may be provided by National Financial Services LLC, or Fidelity Brokerage Services LLC, Members NYSE, SIPC.