Issue of Equity

Fidelity Asian Values PLC

Fidelity Asian Values PLC announces that on 2 April 2012 the Company issued and
allotted 12,457 ordinary 25p shares with effect from 30 March 2012 following
the exercise of the conversion rights attached to the subscription shares.

The total issued ordinary share capital is now 60,144,554.

The conversion rights attached to a total of 11,458,659 subscription shares
have not yet been exercised.

Ben McMechan

FIL Investments International

Company Secretary

01737 836883

 

2 April 2012