Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 15 March 2011
repurchased for cancellation 25,000 of its own shares at a price of 1125.3
pence per share. The total number of shares now in issue is 49,044,986.

Christopher Pirnie

For and on behalf of FIL Investments International

Company Secretary

01737 837929

15 March 2011