Transaction in Own Shares

Fidelity Asian Values PLC announces that the Company, on 19 September 2008,
repurchased 4,804 of its own shares for cancellation at a price of 105 pence
per share. The total number of shares now in issue is 61,419,330.

Graham Symonds

For and on behalf of FIL Investments International

Company Secretary

01737 837345

19 September 2008