Net Asset Value(s)

Daily NAV Announcement

Fidelity Asian Values PLC

The net asset value (unaudited) for the above company as at close of business
on 23/09/2010 was:

Undiluted:

With debt at par: 212.55p

With debt at fair value: 212.40p

Diluted:

With debt at par: 208.97p

With debt at fair value: 208.85p

NB. Applicable accounting standards and AIC recommendations are followed.