Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 09 December 2010
repurchased for cancellation 25,000 of its own shares at a price of 1075.43
pence per share. The total number of shares now in issue is 49,574,986.

Christopher Pirnie

For and on behalf of FIL Investments International

Company Secretary

01737 837929

09 December 2010