Doc re. Revolving Facility Agreement

Fidelity Asian Values PLC

Fidelity Asian Values PLC ("the Company") announces that on 28 February 2012,
the Company entered into a Revolving Facility Agreement with Scotiabank Europe
PLC ("the Lender") for US$15,000,000.

On 28 February 2012, a utilisation notice was submitted by the Company to the
Lender requesting the drawdown of the full US$15,000,000 which was received on
29 February 2012, on which date, the Company repaid its overdraft facility
which had been utilised to repay the previous Revolving Facility Agreement with
ING Bank N.V.

The Revolving Facility with Scotiabank Europe PLC will be used with the
intention that the proceeds of the facility will be invested in a manner
consistent with the Company's investment objective.

The above transactions leave the gearing and equity exposure levels of the
Company unchanged.

Enquiries:

Christopher Pirnie,

FIL Investments International, Company Secretary 01737 837929

1 March 2012