Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 30 March 2011
repurchased for cancellation 75,000 of its own shares at a price of 1186.48
pence per share. The total number of shares now in issue is 48,794,986.

Rebecca Burtonwood

For and on behalf of FIL Investments International

Company Secretary

01737 836869

30 March 2011