Net Asset Value(s)

Daily NAVAnnouncement

Fidelity European Values Plc

The net asset value (unaudited), with securities valued at bid, for the above
fund at close of business on 21/08/2007 was:

With debt at par: 1,300.07p.

With debt at fair value: 1,304.10p.

NB. Revenue to date is included in the Net Asset Value calculation.