Net Asset Value(s)

Daily NAV Announcement

Fidelity Asian Values Plc

The net asset value (unaudited), with securities valued at bid, for the above
fund at close of business on 22/08/2006 was:

With debt at par (undiluted):  108.67p.

With debt at fair value (undiluted):  108.69p.

With debt at par (diluted):  107.11p.

With debt at fair value (diluted):  107.13p.

NB. Revenue to date is included in the Net Asset Value calculations.