Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 3 November 2006
repurchased 19,123 of its own shares for cancellation at a price of 1,148.21
pence per share. The total number of shares now in issue is 62,774,821.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

3 November 2006