Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 13 June 2008
repurchased for cancellation 50,000 of its own shares at a price of 1326 pence
per share. The total number of shares now in issue is 55,762,851.

Rebecca Burtonwood

For and on behalf of Fidelity Investments International

Company Secretary

01737 836869

16 June 2008