Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

 

Fidelity Asian Values PLC

 

2. Reason for the notification                                   State    
                                                                 Yes/No   
                                                                          
An acquisition or disposal of voting rights                       Yes     
                                                                          
An acquisition or disposal of financial instruments which may      No     
result in the                                                             
acquisition of shares already issued to which voting rights               
are attached                                                              
                                                                          
An event changing the breakdown of voting rights                   No     
                                                                          
Other (please specify):                                            No     
                                                                          

 

3. Full name of person(s) subject to the notification           City of   
obligation (iii):                                                London   
                                                               Investment 
                                                               Management 
                                                                Company   
                                                                Limited   
                                                                          
4. Full name of shareholder(s) (if different from 3.) (iv):   See schedule
                                                                 below    
                                                                          
5. Date of the transaction (and date on which the threshold   26 November 
is crossed                                                        2010    
or reached if different) (v):                                             
                                                                          
6. Date on which issuer notified:                             30 November 
                                                                  2010    
                                                                          
7. Threshold(s) that is/are crossed or reached:                   11%     
                                                                          
8. Notified details:                                                      
                                                                          

 

 

A: Voting rights attached to shares

 

  Class/type of    Situation previous      Resulting situation after the triggering    
     shares                to                         transaction (vii)                
   if possible       the Triggering                                                    
 using the ISIN     transaction (vi)                                                   
      CODE                                                                             
                                                                                       
                   Number     Number    Number   Number of voting       % of voting    
                     of         of        of        rights (ix)           rights       
                   Shares     Voting    shares                                         
                              Rights                                                   
                              (viii)                                                   
                                                                                       
                                        Direct   Direct   Indirect   Direct   Indirect 
                                                   (x)      (xi)                       
                                                                                       
 Fidelity Asian   6,486,029 6,486,029    n/a              6,736,029            11.04%  
Values PLC (ISIN                                                                       
- 03322319 - Ord                                                                       
    GBP 0.25                                                                           
                                                                                       
                                                                                       
                                                                                       
                                                                                       
                                                                                       

 

B: Financial Instruments

 

Resulting situation after the triggering transaction (xii)

 

   Type of       Expiration       Exercise/        Number of voting     % of voting 
  financial     date (xiii)      Conversion       rights that may be       rights   
  instrument                    Period/ Date       acquired if  the                 
                                    (xiv)             instrument                    
                                                is exercised/converted              
                                                                                    
                                                                                    
                                                                                    

 

 

Total (A+B)                                                              
                                                                         
Number of voting rights              % of voting rights                  
                                                                         
6,736,029                            11.04%                              
                                                                         

 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):


All Voting Rights on all Shares are controlled by City of London         
Investment Management Limited.                                           
                                                                         

 

Proxy Voting:



10. Name of the proxy holder:                            Held through    
                                                         City of London  
                                                         Investment      
                                                         Management      
                                                         Company Limited 
                                                                         
11. Number of voting rights proxy holder will cease to   N/A             
hold:                                                                    
                                                                         
12. Date on which proxy holder will cease to hold voting N/A             
rights:                                                                  
                                                                         

 

13. Additional information:                                                         
                                                                                    
14. Contact name:                                        Jay McKenna or Mike Sugrue 
                                                                                    
15. Contact telephone number:                            [e-mail] -   
                                                         001-610-380-0121 OR        
                                                                                    
                                                         [e-mail]
                                                         - 0207 860 8340            
                                                                                    

 

 

Annex Notification Of Major Interests In Shares (xvi)



A: Identity of the person or legal entity subject to the                 
notification obligation                                                  
                                                                         
Full name (including legal form for legal entities)                      
                                                                         
Contact address (registered office for legal entities)                   
                                                                         
Phone number                                                             
                                                                         
Other useful information (at least legal representative                  
for legal persons)                                                       
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
B: Identity of the notifier, if applicable (xvii)                        
                                                                         
Full name                                                Christopher     
                                                         Pirnie FIL      
                                                         Investments     
                                                         International   
                                                                         
Contact address                                          Kingswood Place,
                                                         Millfield Lane, 
                                                         Lower Kingswood,
                                                         Tadworth, Surrey
                                                         KT20 6RB        
                                                                         
Phone number                                             01737 837929    
                                                                         
Other useful information (e.g. functional relationship                   
with the person                                                          
or legal entity subject to the notification obligation)                  
                                                                         

 

C:  Additional information

 

                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         
                                                                         

 

 

Notes

 

i.           This form is to be sent to the issuer or underlying issuer and to
be filed with the competent authority.

ii.          Either the full name of the legal entity or another method for
identifying the issuer or underlying issuer, provided it is reliable and
accurate.

iii.         This should be the full name of (a) the shareholder; (b) the
person acquiring, disposing of or exercising voting rights in the cases
provided for in DTR5.2.1 (b) to (h);  (c) all the parties to the agreement
referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial
instruments entitled to acquire shares already issued to which voting rights
are attached, as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the
following list is provided as indication of the persons who should be
mentioned:

-           in the circumstances foreseen in  DTR5.2.1 (b), the person that
acquires the voting rights and is entitled to exercise them under the agreement
and the natural person or legal entity who is transferring temporarily for
consideration the voting rights;

-           in the circumstances foreseen in DTR 5.2.1 (c), the person holding
the collateral, provided the person or entity controls the voting rights and
declares its intention of exercising them, and person lodging the collateral
under these conditions;

-           in the circumstances foreseen in DTR5.2.1(d), the person who has a
life interest in shares if that person is entitled to exercise the voting
rights attached to the shares and the person who is disposing of the voting
rights when the life interest is created;

-           in the circumstances foreseen in DTR5.2.1 (e), the parent
undertaking and, provided it has a notification duty at an individual level
under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those
situations, the controlled undertaking;

-           in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of
the shares, if he can exercise the voting rights attached to the shares
deposited with him at his discretion, and the depositor of the shares allowing
the deposit taker to exercise the voting rights at his discretion;

-           in the circumstances foreseen in DTR5.2.1 (g), the person  that
controls the voting rights;

-           in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if
he can exercise the voting rights at his discretion, and the shareholder who
has given his proxy to the proxy holder allowing the latter to exercise the
voting rights at his discretion.

iv.         Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This
should be the full name of the shareholder or holder of financial instruments
who is the counterparty to the natural person or legal entity referred to in
DTR5.2.

v.          The date of the transaction should normally be, in the case of an
on exchange transaction, the date on which the matching of orders occurs; in
the case of an off exchange transaction, date of the entering into an
agreement. 

The date on which threshold is crossed should normally be the date on which the
acquisition, disposal or possibility to exercise voting rights takes effect
(see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event
took effect. [DEL::DEL]

These dates will usually be the same unless the transaction is subject to a
condition beyond the control of the parties.

vi.         Please refer to the situation disclosed in the previous
notification, In case the situation previous to the triggering transaction was
below 3%, please state 'below 3%'.

vii.        If the holding has fallen below the minimum threshold , the
notifying party should not be obliged to disclose the extent of the holding,
only that the new holding is less than 3%.

For the case provided for in DTR5.2.1(a), there should be no disclosure of
individual holdings per party to the agreement unless a party individually
crosses or reaches an Article 9 threshold. This applies upon entering into,
introducing changes to or terminating an agreement.

viii.            Direct and indirect

ix          In case of combined holdings of shares with voting rights attached
'direct holding' and voting rights 'indirect holdings', please split the voting
rights number and percentage into the direct and indirect columns-if there is
no combined holdings, please leave the relevant box blank.

x           Voting rights attached to shares in respect of which the notifying
party is a direct shareholder  (DTR 5.1)

xi.             Voting rights held by the notifying party as an indirect
shareholder (DTR 5.2.1)

xii          If the holding has fallen below the minimum threshold, the
notifying party should not be obliged to disclose the extent of the holding,
only that the new holding is below 3%.

xiii         date of maturity / expiration of the finical instrument i.e. the
date when the right to acquire shares ends.

xiv            If the financial instrument has such a period-please specify the
period- for example once every three months starting from the [date]

xv.         The notification should include the name(s) of the controlled
undertakings through which the voting rights are held. The notification should
also include the amount of voting rights and the percentage held by each
controlled undertaking, insofar as individually the controlled undertaking
holds 3% or more, and insofar as the notification by the parent undertaking is
intended to cover the notification obligations of the controlled undertaking.

xvi.         This annex is only to be filed with the competent authority.

xvii.        Whenever another person makes the notification on behalf of the
shareholder or the natural person/legal entity referred to in DTR5.2 and
DTR5.3.