Result of AGM

Fidelity Japanese Values PLC

At the Company's Annual General Meeting held on 12 May 2011, all resolutions
were duly passed. The resolutions passed under Special Business were as
follows:

- To renew the Directors' authority to allot a limited number of currently
unissued ordinary shares for cash;

- and to issue such shares without first offering them to existing ordinary
shareholders pro-rata to their existing holdings.

- The Company's authority to purchase up to 14,584,750 of its own ordinary
shares and 2,607,500 subscription shares for cancellation has been renewed.
This represents approximately 14.99% of each of the number of ordinary and
subscription shares in issue on 18 March 2011.

Proxy results will shortly be available online. Details of the website will be
announced when they become available.

Contact for queries:

Name: Rebecca Burtonwood, FIL Investments International, Company Secretary

Telephone: [phone]