Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 8 November 2007
repurchased for cancellation 47,000 of its own shares at a price of 1,335 pence
per share. The total number of shares now in issue is 60,290,051.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

01737 836869

8 November 2007