Fidelity National Capital Investors, Inc.

Securities Exchange Act of 1934
Release No. 50493 / October 5, 2004

ADMINISTRATIVE PROCEEDING
File No. 3-11514

Notice is hereby given pursuant to Rule 1103 of the Commission's Rules on Fair Fund and Disgorgement Plans, 17 C.F.R. § 201.1103, that the Division of Enforcement has filed its proposed plan for the distribution of monies placed into a Fair Fund authorized by the Commission pursuant to Section 308(a) of the Sarbanes Oxley Act of 2002 ("Distribution Plan"), in the Matter of Fidelity National Capital, Inc. The Commission issued an Order Instituting Administrative Proceedings, Making Findings, and Imposing Remedial Sanctions Pursuant to Section 15(b) of the Securities Exchange Act of 1934 as to Fidelity National Capital Investors, Inc. (Release No. 34-49824, June 8, 2004). The Distribution Plan generally provides for distribution to investors who had money deposited into the account of Mark Drucker at Fidelity National Capital Investors, Inc. (Account # 28309219, formerly Account # 4G-01295-8) from the inception of the account in December 1997 through September 1999, or who otherwise participated in the investment scheme of Mark Drucker (the "Claimants"). Each Claimant shall receive a proportionate share of the funds paid by Fidelity National Capital Investors, Inc., comprised of disgorgement and prejudgment interest in the amount of $50,000.00, and civil penalties in the amount of $75,000.00. A copy of the Distribution Plan may be obtained by submitting a written request to Nancy Chase Burton, U. S. Securities and Exchange Commission, 450 5th Street N.W., Room 9007, Washington D.C. 20549-0911.

All persons desiring to comment on the Distribution Plan may submit their views, in writing, no later than November 4, 2004 to the Office of the Secretary, U. S. Securities and Exchange Commission, 450 5th Street, N.W., Washington, D. C. 20549.

For the Commission, by its Secretary, pursuant to delegated authority.