Reduction in Fees

Fidelity China Special Situations PLC

Changes to the Annual Management Charge and Performance Fee

The Board of Fidelity China Special Situations PLC ("the Company") announces
that it has agreed with the Manager the following changes to the annual
management charge and performance fee of the Company.

Annual Management        * The annual management charge will reduce from 1.2%  
Charge                     per annum to 1% per annum with effect from 1st April
                           2014.                                               
                                                                               
Performance Fee          * The performance fee cap will be reduced from 1.5% to
                           1% per annum to ensure that performance related fees
                           cannot exceed the basic management fee in any year. 
                                                                               
                         * The previous arrangement whereby any outperformance 
                           above the performance fee cap could be carried      
                           forward will cease but any underperformance against 
                           the Company's benchmark (including the 2% hurdle    
                           rate) must still be made good before a performance  
                           fee begins to accrue.                               
                                                                               
                         * The Manager has also agreed to give up the carry    
                           forward of outperformance in excess of the new 1%   
                           performance fee cap in respect of the financial year
                           ending 31 March 2014.                               
                                                                               
                         * The changes to the performance fee will take        
                           immediate effect and therefore will be applied to   
                           the current financial year of the Company ending 31 
                           March 2014.                                         

As a consequence of these fee changes, the maximum fee ongoing investors in the
Company will pay is 2% per annum and a performance fee will only become payable
in the circumstance that the Manager achieves greater than 2% outperformance
against the benchmark in any one year.

Christopher Pirnie

Head of UK Company Secretariat

For and on behalf of FIL Investments International

Company Secretary

01737 837929

19 March 2014

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