Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 5 February 2007
repurchased 12,000 of its own shares for cancellation at a price of 1,244 pence
per share. The total number of shares now in issue is 62,061,051.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

6 February 2007