Transaction in Own Shares

Fidelity Asian Values PLC announces that the Company, on 29 November 2007,
repurchased 90,000 of its own shares for cancellation at a price of 152 pence
per share. The total number of shares now in issue is 103,157,200.

Graham Symonds

For and on behalf of Fidelity Investments International

Company Secretary

01737 837345

29 November 2007