Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 2 January 2008
repurchased for cancellation 59,500 of its own shares at a price of 1369.22
pence per share. The total number of shares now in issue is 58,891,251.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International,

Company Secretary

01737 836869

2 January 2008