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 28/10/2010 was:

Undiluted:

With debt at par: 219.97p

With debt at fair value: 219.82p

Diluted:

With debt at par: 215.16p

With debt at fair value: 215.04p

NB. Applicable accounting standards and AIC recommendations are followed.