Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 14 December 2007
repurchased for cancellation 90,000 of its own shares at a price of 1301.4
pence per share. The total number of shares now in issue is 59,369,551.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

01737 836869

17 December 2007