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 27/07/2011 was:

Undiluted:

With debt at par: 234.44p

With debt at fair value: 234.37p

Diluted:
                                                                                                                                      

With debt at par: 227.61p

With debt at fair value: 227.54p

 

The above net asset value was calculated on a "cum" income basis in accordance
with applicable accounting standards and AIC recommendations.  The AIC
publishes the Company's "ex income" net asset value on a monthly basis.