Transaction in Own Shares

Fidelity Asian Values PLC announces that the Company, on 4 April 2012
repurchased 100,000 of its own shares for cancellation at a price of 190.5
pence per share. The total number of shares now in issue is 60,044,554.

Christopher Pirnie

For and on behalf of FIL Investments International

Company Secretary

01737 837929

4 April 2012