Correction : Net Asset Value(s)

Please be advised that this announcement replaces the announcement made earlier
today at 11:44. The previous announcement was published with an incorrect 
headline - Notice of EGM. The content of the announcement remains unchanged.

Daily NAV Announcement

Fidelity European Values PLC

The net asset value (unaudited) for the above company as at close of business
on 18/05/2010 was:

With debt at par: 1,217.15p

With debt at fair value: 1,210.77p

NB. Applicable accounting standards and AIC recommendations are followed.