Net Asset Value(s)

Daily NAV Announcement

Fidelity Asian Values Plc

The net asset value (unaudited), with securities valued at bid, for the above
fund at close of business on 15/05/2007 was:

With debt at par (undiluted):  140.54p

With debt at fair value (undiluted):  139.95p

NB. Revenue to date is included in the Net Asset Value calculations.