Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 29 December 2009
repurchased for cancellation 50,000 of its own shares at a price of 1130.78
pence per share. The total number of shares now in issue is 51,229,875.

Christopher Pirnie

For and on behalf of FIL Investments International

Company Secretary

01737 837929

29 December 2009