Blocklisting application

11 February 2010

                 FIDELITY JAPANESE VALUES PLC ("the Company")                  

Application has been made to the Financial Services Authority and to the London
Stock Exchange Plc for 19,115,381 Ordinary shares of 25p each ("shares") to be
admitted to the Official List.

It is expected that admission will be granted on 12 February 2010 and trading
will commence on 15 February 2010.

These shares are being reserved under a block listing and will be issued
pursuant to the following scheme:

19,115,381 Ordinary shares of 25 pence each arising upon exercise of
Subscription Shares of 5 pence each

When issued these shares will rank pari passu with the existing Ordinary
shares.

Contact for queries:

Name: Rebecca Burtonwood, FIL Investments International, Company Secretary

Telephone: [phone]