TR-1 Clarification of previous announcement

For filings with the FCA include the annex                                                                          
                                                                               
For filings with issuer exclude the annex                                                                          
                                    
                                           
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                

                                                                               
1. Identity of the issuer or the underlying     Fidelity Japanese Values PLC       
issuer of existing shares to which voting
rights are 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 qualifying financial instruments                                            
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please    Replacing previous notification which was made in        X    
specify):        error. The below details are a current reflection of          
                 our position.                                                 
                     
                                                          
3. Full name of person(s) subject to Lazard Asset Management LLC               
the notification obligation: iii                                                   
                                                                               
4. Full name of shareholder(s)       J.P.Morgan Chase - SWIFT                  
(if different from 3.):iv                                                      
                                     Mellon Trust                              
                                                                               
                                     Morgan Guaranty - Personal Custody        
                                                                               
                                     Northern Trust Co                         
                                                                               
                                     State Street Bank - Master Tr - ETC       
                                                                               
                                     State Street Bank - Custody Master Trust  
                                                                               
                                     US Bank N.A                               
                                                                               
5. Date of the transaction and date  N/A                                       
on which the threshold is crossed or                                              
reached: v                                                                     
                                                                               
6. Date on which issuer notified:    25 March 2015                             
                                                                               
7. Threshold(s) that is/are crossed  Not actual threshold crossed.             
or 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 rights 
if possible  of        of          of shares rights             x                  
using        Shares    Voting                                                      
the ISIN               Rights      Direct    Direct  Indirect   Direct    Indirect 
CODE                                         xi      xii                           
                                                                                   
GB0003328555                                         20,223,919           17.74%   
                     

                                                              
B: Qualifying Financial Instruments                                                
                                                                                   
Resulting situation after the triggering transaction                               
                                                                                   
Type of financial Expiration Exercise/           Number of voting   % of voting    
instrument        date xiii  Conversion Period   rights that may be rights         
                             xiv                 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     % of voting      
financial     price    date xvii  Conversion rights instrument    rights xix, xx   
instrument                        period     refers to                             
                                  xviii                                            
                                                                  Nominal    Delta 
                                                              

                     
Total (A+B+C)                                                                      
                                                                                   
Number of voting rights                 Percentage of voting rights                
                                                                                   
20,223,919                              17.74%                                     




9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi                 
                                                                               
Lazard Asset Management LLC controls all the voting rights held of this issuer.
              

                                                                 
Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                     N/A                          
                                                                               
11. Number of voting rights proxy holder will                                  
cease                                                                          
to hold:                                                                       
                                                                               
12. Date on which proxy holder will cease to hold                              
voting rights:                                                                 
                                                                               
                                                                               
13. Additional information:            Clarification of a previous announcement
                                                                               
14. Contact name:                      Legal & Compliance Department           
                                                                               
15. Contact telephone number:          0207 448 2119                           

B: Identity of the notifier, if applicable                                     
                                                                               
Full name                                 Natalia de Sousa For and on behalf of
                                                  FIL Investments International
                                                                               
Contact address                          Kingswood Place, Millfield Lane, Lower
                                           Kingswood, Tadworth, Surrey KT20 6RB
                                                                               
Phone number & email                                               01737 837846
                                                                               
Other useful information                                                       
                                                                               
(e.g. functional relationship with the                                         
person or legal entity subject to the                                          
notification obligation)                                                       
                                                                               
C: Additional information