Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are               Fidelity Japanese Values Plc
attached:ii                                                                             
                                                                                        
2. Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to              X
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                  FIL Limited                   
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                            See section 9                 
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                         28th August 2014              
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                         16th September 2014           
                                                                                        
7. Threshold(s) that is/are crossed or                    19%, 20%                      
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/type   Situation previous      Resulting situation after the triggering           
of           to the triggering       transaction                                        
shares       transaction                                                                
                                                                                        
             Number     Number       Number      Number of voting     % of  voting      
if possible  of         of           of shares   rights               rights x          
using        Shares     Voting                                                          
the ISIN                Rights       Direct      Direct xi Indirect   Direct Indirect   
CODE                                                       xii                          
                                                                                        
                                                                                        
                                                                                        
GB0003328555 21,331,038 21,331,038               8,224,920 13,106,095 7.22   11.50      
                                                                                        
                                                                                        
                                                                                        
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of        Expiration   Exercise/             Number of voting          % of voting 
financial      date xiii    Conversion Period xiv rights that may be        rights      
instrument                                        acquired if the                       
                                                  instrument is                         
                                                  exercised/ converted.                 
                                                                                        
                                                                                        
                                                                                        
                                                                                        
C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of       Exercise  Expiration Exercise/     Number of voting rights % of voting    
financial     price     date xvii  Conversion    instrument refers to    rights xix, xx 
instrument                         period xviii                                         
                                                                                        
                                                                                        
Subscription                                     1,589,542               Nominal Delta     
shares        86.50p               29 April 2016                                        
                                                                              1.39%     
                                                                                        
                                                                                        
                                                                                        
Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                   Percentage of voting rights                   
                                                                                        
22,920,557                                20.11%                                        
                                                                                        



9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
Custodian                                Total      Management                          
                                                     Company                            
                                                                                        
BBHISL NOMINEES LIMITED                 8,844,585 FIL                                   
                                                                                        
JP MORGAN, BOURNEMOUTH                    743,404 FISL                                  
                                                                                        
FIL NOMINEE (SHAREHOLDINGS) LTD GENPEP  6,399,045 FIL                                   
                                                                                        
BNY MELLON NOMINEES LTD                 6,933,522 FIL                                   
                                                                                        
Grand Total                            22,920,557                                       
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                             FIL Limited                   
                                                                                        
11. Number of voting rights proxy holder will acquire:    1,589,519                     
                                                                                        
12. Date on which proxy holder will acquire voting        28th August 2014              
rights:                                                                                 
                                                                                        
                                                                                        
13. Additional information:              This filing is due to the listing of Japanese  
                                         Value Subscription Shares on the 28th August   
                                         2014.                                          
                                                                                        
14. Contact name:                        Nina Collomosse                                
                                                                                        
                                                                                        
15. Contact telephone number:            [e-mail], 01737 837092