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 17/05/2010 was:

Undiluted:

With debt at par: 198.20p

With debt at fair value: 198.04p

Diluted:

With debt at par: 197.00p

With debt at fair value: 196.87p

NB. Applicable accounting standards and AIC recommendations are followed.