Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 22 October 2008
repurchased for cancellation 25,000 of its own shares at a price of 891.00
pence per share. The total number of shares now in issue is 55,008,910

Rebecca Burtonwood

For and on behalf of FIL Investments International

Company Secretary

01737 836869

22 October 2008