Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 15 October 2008
repurchased for cancellation 17,500 of its own shares at a price of 920.26
pence per share. The total number of shares now in issue is 55,033,910.

Rebecca Burtonwood

For and on behalf of FIL Investments International

Company Secretary

01737 836869

16 October 2008