Net Asset Value(s)

Daily NAVAnnouncement

Fidelity Asian Values PLC

The net asset value (unaudited) for the above company as at close of business
on 22/07/2010 was:

Undiluted:

With debt at par: 191.68p

With debt at fair value: 191.54p

Diluted:

With debt at par: 191.57p

With debt at fair value: 191.45p

NB. Applicable accounting standards and AIC recommendations are followed.