Result of AGM

Fidelity European Values PLC - results of Annual General Meeting  

At the Company's Annual General Meeting held on 16 May 2008, all resolutions
were duly passed.

The resolutions passed as Special Business were as follows:

- To renew the Directors' authority to allot a limited number of currently
unissued ordinary shares for cash,

- and to issue such shares without first offering them to existing ordinary
shareholders pro-rata to their existing holdings.

- The Company's authority to purchase up to 14.99% of its own shares in issue
on 27 February 2008 for cancellation has been renewed. The maximum number of
shares to be purchased is 8,710,000 ordinary shares.

Contact for queries:

Name: Rebecca Burtonwood, Fidelity Investments International

Telephone: [phone]