Annual Information Update

Fidelity European Values PLC                          

In accordance with Prospectus Rule 5.2, the information published during the
period 27 March 2007 to 14 March 2008 in respect of Fidelity European Values
PLC is as follows:-

Further details may be obtained from the Company Secretary and the London Stock
Exchange website (www.londonstockexchange.com/rns) or the Registrar of
Companies (www.companieshouse.gov.uk)

Stock Exchange announcements

The following information was notified via PRNewswire. Please note that some of
the information announced during the period may now be out of date.

The Company's net asset values have been announced each business day during the
past year. These are not separately noted in the schedule below.

Notifiable event                                                 Date of       
                                                                 announcement  
                                                                               
Purchase of 25,000 shares                                        27.03.07      
                                                                               
Confirmation of filing annual report                             27.03.07      
                                                                               
Annual information update                                        27.03.07      
                                                                               
Loan - rollover of €15 million with Lloyds TSB                   30.03.07      
                                                                               
Purchase of 13,000 shares                                        30.03.07      
                                                                               
Voting Rights and Capital as at 31 March 2007                    02.04.07      
                                                                               
Portfolio update                                                 03.04.07      
                                                                               
Purchase of 22,000 shares                                        03.04.07      
                                                                               
Purchase of 24,000 shares                                        05.04.07      
                                                                               
Purchase of 75,000 shares                                        12.04.07      
                                                                               
Purchase of 40,000 shares                                        13.04.07      
                                                                               
Purchase of 13,500 shares                                        18.04.07      
                                                                               
Purchase of 29,500 shares                                        20.04.07      
                                                                               
Confirmation of filing monthly factsheet as at 31 March 2007     23.04.07      
                                                                               
Purchase of 10,000 shares                                        24.04.07      
                                                                               
Purchase of 15,000 shares                                        26.04.07      
                                                                               
Purchase of 12,500 shares                                        27.04.07      
                                                                               
Purchase of 60,000 shares                                        30.04.07      
                                                                               
Voting Rights and Capital as at 30 April 2007                    01.05.07      
                                                                               
Portfolio update - exceptions                                    02.05.07      
                                                                               
Purchase of 50,000 shares                                        11.05.07      
                                                                               
Purchase of 25,000 and 12,000 shares                             15.05.07      
                                                                               
Blocklisting interim return for ISA and share plan               17.05.07      
                                                                               
Confirmation of filing monthly factsheet as at 30 April 2007     17.05.07      
                                                                               
Results of AGM                                                   18.05.07      
                                                                               
Confirmation of filing AGM resolutions                           22.05.07      
                                                                               
Purchase of 43,000 shares                                        24.05.07      
                                                                               
Appointment of James Robinson and Humphrey van der Klugt as      29.05.07      
Directors with effect from 1 June 2007                                         
                                                                               
Revised Fee Arrangements                                         30.05.07      
                                                                               
Voting Rights and Capital as at 31 May 2007                      01.06.07      
                                                                               
Purchase of 29,000 shares                                        01.06.07      
                                                                               
Portfolio update - exceptions                                    04.06.07      
                                                                               
Purchase of 30,000 shares                                        12.06.07      
                                                                               
Director shareholding - Simon Fraser                             12.06.07      
                                                                               
Director shareholding - David Simpson                            12.06.07      
                                                                               
Purchase of 275,000 shares                                       19.06.07      
                                                                               
Confirmation of filing monthly factsheet as at 31 May 2007       19.06.07      
                                                                               
Purchase of 50,000 shares                                        25.06.07      
                                                                               
Purchase of 80,000 shares                                        27.06.07      
                                                                               
Purchase of 58,000 shares                                        28.06.07      
                                                                               
Loan - rollover of €15 million with Lloyds TSB                   29.06.07      
                                                                               
Purchase of 50,000 shares                                        29.06.07      
                                                                               
Portfolio update                                                 03.07.07      
                                                                               
Portfolio update - exceptions                                    03.07.07      
                                                                               
Voting Rights and Capital as at 30 June 2007                     03.07.07      
                                                                               
Purchase of 170,000 shares                                       09.07.07      
                                                                               
Purchase of 37,500 shares                                        11.07.07      
                                                                               
Major shareholding - Barclays PLC                                12.07.07      
                                                                               
Major shareholding - Barclays PLC                                13.07.07      
                                                                               
Confirmation of filing monthly factsheet as at 30 June 2007      24.07.07      
                                                                               
Purchase of 20,000 shares                                        26.07.07      
                                                                               
Purchase of 39,000 shares                                        27.07.07      
                                                                               
Voting Rights and capital as at 31 July 2007                     01.08.07      
                                                                               
Portfolio update - exceptions                                    02.08.07      
                                                                               
Interim results                                                  08.08.07      
                                                                               
Director shareholding - James Robinson                           09.08.07      
                                                                               
Director shareholding - Simon Duckworth                          15.08.07      
                                                                               
Director shareholding - Humphrey van der Klugt                   15.08.07      
                                                                               
Confirmation of filing of interim report 2007                    24.08.07      
                                                                               
Confirmation of filing monthly factsheet as at 31 July 2007      28.08.07      
                                                                               
Voting Rights and Capital as at 31 August 2007                   03.09.07      
                                                                               
Portfolio update - exceptions                                    04.09.07      
                                                                               
Blocklisting return - ISA                                        14.09.07      
                                                                               
Loan - rollover of €15,000,000 with Lloyds TSB Bank plc          28.09.07      
                                                                               
Voting Rights and Capital as at 30 September 2007                01.10.07      
                                                                               
Portfolio update - exceptions                                    02.10.07      
                                                                               
Portfolio update                                                 02.10.07      
                                                                               
Confirmation of filing monthly factsheet as at 31 August 2007    16.10.07      
                                                                               
Purchase of 11,000 shares                                        24.10.07      
                                                                               
Confirmation of filing monthly factsheet as at 30 September 2007 26.10.07      
                                                                               
Major shareholding - Legal and General Group Plc                 31.10.07      
                                                                               
Purchase of 15,000 shares                                        31.10.07      
                                                                               
Voting Rights and Capital as at 31 October 2007                  01.11.07      
                                                                               
Portfolio update - exceptions                                    02.11.07      
                                                                               
Purchase of 30,000 shares                                        02.11.07      
                                                                               
Purchase of 21,000 shares                                        05.11.07      
                                                                               
Purchase of 35,000 shares                                        06.11.07      
                                                                               
Purchase of 47,000 shares                                        08.11.07      
                                                                               
Purchase of 47,500 shares                                        09.11.07      
                                                                               
Purchase of 45,000 shares                                        12.11.07      
                                                                               
Purchase of 10,000 shares                                        16.11.07      
                                                                               
Blocklisting interim return for ISA and share plan               19.11.07      
                                                                               
Confirmation of filing monthly factsheet as at 31 October 2007   19.11.07      
                                                                               
Purchase of 44,000 shares                                        19.11.07      
                                                                               
Purchase of 50,000 shares                                        20.11.07      
                                                                               
Purchase of 148,000 shares                                       21.11.07      
                                                                               
Purchase of 22,000 shares                                        26.11.07      
                                                                               
Purchase of 22,000 shares                                        27.11.07      
                                                                               
Voting Rights and Capital as at 30 November 2007                 03.12.07      
                                                                               
Portfolio update - exceptions                                    04.12.07      
                                                                               
Purchase of 30,000 shares                                        05.12.07      
                                                                               
Purchase of 82,000 shares                                        06.12.07      
                                                                               
Purchase of 35,000 shares                                        07.12.07      
                                                                               
Purchase of 65,000 shares                                        10.12.07      
                                                                               
Purchase of 12,000 shares                                        11.12.07      
                                                                               
Purchase of 138,000 shares                                       12.12.07      
                                                                               
Purchase of 80,000 shares                                        13.12.07      
                                                                               
Purchase of 90,000 shares                                        17.12.07      
                                                                               
Purchase of 33,000 shares                                        17.12.07      
                                                                               
Confirmation of filing monthly factsheet as at 30 November 2007  19.12.07      
                                                                               
Purchase of 41,000 shares                                        19.12.07      
                                                                               
Purchase of 27,000 shares                                        20.12.07      
                                                                               
Purchase of 77,000 shares                                        21.12.07      
                                                                               
Purchase of 27,000 shares                                        24.12.07      
                                                                               
Purchase of 52,800 shares                                        28.12.07      
                                                                               
Loan - repayment of €15,000,000 with Lloyds TSB Bank plc.        31.12.07      
                                                                               
Model Code announcement                                          02.01.08      
                                                                               
Voting Rights and Capital as at 31 December 2007                 02.01.08      
                                                                               
Portfolio update - exceptions                                    02.01.08      
                                                                               
Portfolio update                                                 02.01.08      
                                                                               
Purchase of 59,500 shares                                        02.01.08      
                                                                               
Purchase of 34,500 shares                                        03.01.08      
                                                                               
Purchase of 52,000 shares                                        04.01.08      
                                                                               
Purchase of 26,000 shares                                        07.01.08      
                                                                               
Purchase of 32,000 shares                                        08.01.08      
                                                                               
Purchase of 25,000 shares                                        10.01.08      
                                                                               
Purchase of 11,000 shares                                        11.01.08      
                                                                               
Major shareholding - Rathbone Brothers PLC                       18.01.08      
                                                                               
Purchase of 33,000 shares                                        18.01.08      
                                                                               
Purchase of 57,000 shares                                        21.01.08      
                                                                               
Amendment announcements re purchase of 57,000 shares             22.01.08      
                                                                               
Confirmation of filing monthly factsheet as at 31 December 2007  23.01.08      
                                                                               
Announcement of appointment of Sudipto Banerji as next portfolio 30.01.08      
manager                                                                        
                                                                               
Voting Rights and Capital as at 31 January 2008                  01.02.08      
                                                                               
Portfolio update - exceptions                                    04.02.08      
                                                                               
Purchase of 248,000 shares                                       05.02.08      
                                                                               
Purchase of 31,000 shares                                        07.02.08      
                                                                               
Purchase of 105,000 shares                                       08.02.08      
                                                                               
Confirmation of filing monthly factsheet as at 31 January 2008   13.02.08      
                                                                               
Purchase of 26,500 shares                                        15.02.08      
                                                                               
Purchase of 39,000 shares                                        21.02.08      
                                                                               
Purchase of 34,000 shares                                        22.02.08      
                                                                               
Purchase of 22,500 shares                                        25.02.08      
                                                                               
Purchase of 112,000 shares                                       27.02.08      
                                                                               
Preliminary Announcement of Results                              27.02.08      
                                                                               
Purchase of 115,000 shares                                       03.03.08      
                                                                               
Voting Rights and Capital as at 29 February 2008                 03.03.08      
                                                                               
Portfolio update (exceptions)                                    03.03.08      
                                                                               
Purchase of 100,000 shares                                       04.03.08      
                                                                               
Purchase of 57,500 shares                                        05.03.08      
                                                                               
Purchase of 100,000 shares                                       06.03.08      
                                                                               
Purchase of 23,000 shares                                        07.03.08      
                                                                               
Purchase of 50,000 shares                                        10.03.08      
                                                                               
Major shareholding - Legal and General Group Plc                 10.03.08      
                                                                               
Purchase of 25,000 shares                                        11.03.08      
                                                                               
Purchase of 29,000 shares                                        12.03.08      
                                                                               
Purchase of 122,000 shares                                       13.03.08      

Companies House filings

The following information was filed with the Registrar of Companies. Please
note that some of the information announced during the period may now be out of
date.

Document filed                                                  Date sent to   
                                                                Companies House
                                                                               
Notification following each repurchase of shares for            Within 28 days 
cancellation                                                    of delivery of 
                                                                the shares to  
                                                                the Company    
                                                                               
AGM resolutions                                                 22.05.07       
                                                                               
Annual report                                                   22.05.07       
                                                                               
Appointments of James Robinson and Humphrey van der Klugt as    15.06.07       
Directors                                                                      
                                                                               
Auditor resignation letter                                      27.07.07       
                                                                               
Annual return                                                   15.08.07       
                                                                               
Form 403a - declaration of satisfaction of charge               25.01.08       

14 March 2008

Contact details for queries:

Rebecca Burtonwood

For and on behalf of

Fidelity Investments International

Company Secretary

01737 836 869