Directorate Change

Fidelity European Values PLC (“the Company”)

Appointment of Director

The Board is pleased to announce the appointment of Fleur Meijs as a non-executive Director of the Company with effect from 1^st September 2017. She will also serve as a member of the Management Engagement, Nomination and Audit Committees of the Board.

Ms Meijs is an ACA qualified Chartered Accountant and a former Financial Services Partner at PricewaterhouseCoopers LLP. She has specialised in significant and complex audits and high profile advisory projects with top-tier financial institutions in the City. She is currently a Non-Executive Director of Invesco Asia Trust plc, a Director of Bridge to the Future, the endowment fund for UWC (United World College) Mostar and a Member of the Advisory Council for the British Museum Friends. She was also a member of the Dutch Parliamentary committee in respect of the structure of banks in the Netherlands.

As at the date of this announcement, Ms Meijs has no interest in the ordinary shares of the Company. There is no other information to be disclosed pursuant to LR 9.6.13R.

Bonita Guntrip

FIL Investments International

Company Secretary

Tel:  [phone]

20 December 2016