Pyramis Global Advisors Continues Global Expansion

Firm Hires Industry Sales Veteran To Expand Distribution Capacity in Europe and Scandinavia

Pyramis Global Advisors^® , a Fidelity Investments^® company and leading global institutional asset manager, today announced it has expanded its distribution capacity with the appointment of Ulrika Bergman as senior vice president of Nordic and Benelux Sales.

Bergman, who joins Pyramis from Principal Global Investors in London, will be based in the company’s London office.

“Ulrika’s appointment further reinforces our commitment to expanding our distribution capabilities globally and putting resources on-the-ground to support clients,” said Michael A. Jones, president and CEO of Pyramis Global Advisors. “She brings to Pyramis proven success in understanding the needs of institutional investors and assembling solutions to help clients achieve their business and investment objectives.”

With more than 15 years of industry experience, Bergman comes to Pyramis from Principal Global Investors in London, where, most recently, she served as head of Institutional Sales, Benelux & Scandinavia. Prior to Principal, Bergman was head of Sales, Nordic Countries, for Morley Fund Management based in London.

“As the global economic and market landscape continues to evolve and become more complex, so too do the needs of institutional investors,” said Jones. “To help our clients navigate this market environment, we remain focused on leveraging our growing global capabilities to deliver superior client service and customized multi-asset-class solutions.”

About Pyramis Global Advisors

Pyramis Global Advisors, a Fidelity Investments company, delivers asset management products and services designed to meet the needs of institutional investors around the world. Pyramis is a multi-asset class manager with extensive experience managing investments for and serving the needs of some of the world’s largest corporate and public defined benefit and defined contribution plans, endowments and foundations, insurance companies, and financial institutions. The firm offers traditional long-only and alternative equity, as well as fixed income and real estate debt and REIT investment strategies. As of March 31, 2012, assets under management totaled more than $180 billion USD. Headquartered in Smithfield, RI, USA, Pyramis offices are located in Boston, Toronto, Montreal, London, and Hong Kong.

Fidelity Brokerage Services LLC, Member NYSE, SIPC
900 Salem Street, Smithfield, RI 02917

Fidelity Investments Institutional Services Company, Inc.,
100 Salem Street, Smithfield, RI 02917

Pyramis Global Advisors
900 Salem Street, Smithfield, Rhode Island, USA 02917

616227.1.0

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Fidelity Investments
James Aber, 617-563-5055
james.aber@fmr.com
or
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617-563-5800