Transaction in Own Shares

Fidelity Asian Values PLC announces that the Company has today, 20 March 2007, repurchased 450,000 of its own shares for cancellation at a price of 111.25 pence per share. The total number of shares now in issue is 111,857,200. Graham Symonds For and on behalf of Fidelity Investments International Company Secretary 20 March 2007
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