Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 11 October 2006
repurchased 44,500 of its own shares for cancellation at a price of 1,150.703
pence per share. The total number of shares now in issue is 62,818,733.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

11 October 2006