Transaction in Own Shares

Fidelity European Values PLC announces that the Company on 14 March 2012
repurchased for cancellation 27,000 of its own shares at a price of 1138.9
pence per share. The total number of shares now in issue is 43,621,142.

Anchna Devi

For and on behalf of FIL Investments International

Company Secretary

01737 837132

14 March 2012