Transaction in Own Shares

Fidelity Asian Values PLC announces that the Company, on 24 September 2008,
repurchased 50,000 of its own shares for cancellation at a price of 107 pence
per share. The total number of shares now in issue is 61,244,330.

Graham Symonds

For and on behalf of FIL Investments International

Company Secretary

01737 837345

24 September 2008