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 12/05/2010 was:

Undiluted:

With debt at par: 195.75p

With debt at fair value: 195.60p

Diluted:

With debt at par: 194.96p

With debt at fair value: 194.83p.

NB. Applicable accounting standards and AIC recommendations are followed.