Annual Information Update

Fidelity Special Values PLC                          

In accordance with Prospectus Rule 5.2, the information published during the
period 14 November 2007 to 14 November 2008 in respect of Fidelity Special
Values PLC is as follows:-

Further details may be obtained from the Company Secretary and the London Stock
Exchange website (www.londonstockexchange.com/rns) or the Registrar of
Companies (www.companieshouse.gov.uk)

Stock Exchange announcements

The following information was notified via PRNewswire. Please note that some of
the information announced during the period may now be out of date.

The Company's net asset values have been announced each business day during the
past year. These are not separately noted in the schedule below.

Notifiable event                                              Date of          
                                                              announcement     
                                                                               
Submission of annual report to UKLA for year to 31.8.07       15.11.07         
                                                                               
Annual disclosure announcement                                15.11.07         
                                                                               
Repurchase of 75,000 shares for cancellation                  16.11.07         
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  19.11.07         
19.11.07)                                                                      
                                                                               
Repurchase of 62,280 shares for cancellation                  20.11.07         
                                                                               
Voting Rights and Capital as at 30.11.07                      03.12.07         
                                                                               
Portfolio update                                              04.12.07         
                                                                               
Repurchase of 125,000 shares for cancellation                 11.12.07         
                                                                               
Results of AGM - 13 December 2007                             14.12.07         
                                                                               
Availability of Special Business Resolutions passed at AGM    18.12.07         
with UKLA                                                                      
                                                                               
Repurchase of 125,000 shares for cancellation                 19.12.07         
                                                                               
Interim Management Statement for the quarter to 30.11.07      20.12.07         
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  20.12.07         
20.12.07)                                                                      
                                                                               
Appointment of Ben Thomson                                    21.12.07         
                                                                               
Director shareholding Lynn Ruddick notification received      21.12.07         
21.12.07                                                                       
                                                                               
Director shareholding - Douglas Kinloch Anderson notification 02.01.08         
received 2.1.08                                                                
                                                                               
Voting Rights and Capital as at 31.12.07                      02.01.08         
                                                                               
Repurchase of 115,000 shares for cancellation                 08.01.08         
                                                                               
Blocklisting - general corporate purposes (from 10.7.07 to    11.01.08         
10.1.08)                                                                       
                                                                               
Repurchase of 137,000 shares for cancellation                 17.01.08         
                                                                               
Repurchase of 300,000 shares for cancellation                 23.01.08         
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  23.01.08         
23.01.08)                                                                      
                                                                               
Amendment re announcement of purchase of 300,000 shares       24.01.08         
                                                                               
Director shareholding Lynn Ruddick notification received      31.01.08         
31.1.08                                                                        
                                                                               
Voting Rights and Capital as at 31.1.08                       01.02.08         
                                                                               
Repurchase of 125,000 shares for cancellation                 08.02.08         
                                                                               
Blocklisting general corporate purposes (from 8.8.07 to       11.02.08         
8.2.08)                                                                        
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  13.02.08         
13.02.08)                                                                      
                                                                               
Compliance with Model Code                                    03.03.08         
                                                                               
Voting Rights and Capital as at 29.2.08                       03.03.08         
                                                                               
Portfolio update (exceptions)                                 03.03.08         
                                                                               
Portfolio update                                              04.03.08         
                                                                               
Substantial shareholder notification (Lloyds TSB Group plc)   10.03.08         
                                                                               
Blocklisting return - ISA 10.9.07 to 10.3.08                  11.03.08         
                                                                               
Appointment of Dresdner Kleinwort Limited to act as corporate 12.03.08         
broker                                                                         
                                                                               
Blocklisting return - Share Plan                              18.03.08         
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  20.03.08         
20.03.08)                                                                      
                                                                               
Voting Rights and Capital as at 31.3.08                       01.04.08         
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  18.04.08         
18.4.08)                                                                       
                                                                               
Half Yearly Report 6 months to 29.02.08                       18.04.08         
                                                                               
Revolving Facility Agreement with Abbey National Treasury     24.04.08         
Services Plc for £20 million                                                   
                                                                               
Repurchase of 40,000 shares for cancellation                  24.04.08         
                                                                               
Repurchase of 350,000 shares for cancellation                 30.04.08         
                                                                               
Voting Rights and Capital as at 30.4.08                       01.05.08         
                                                                               
Portfolio update (exceptions)                                 02.05.08         
                                                                               
Submission to UKLA of half yearly report for the six months   08.05.08         
to 29.2.08 and EGM proxy form                                                  
                                                                               
Repurchase of 175,000 shares for cancellation                 09.05.08         
                                                                               
Repurchase of 75,000 shares for cancellation                  27.05.08         
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  29.05.08         
29.5.08)                                                                       
                                                                               
Voting Rights and Capital as at 31.5.08                       02.06.08         
                                                                               
Repurchase of 102,500 shares for cancellation                 03.06.08         
                                                                               
Portfolio update (exceptions)                                 04.06.08         
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  12.06.08         
12.6.08)                                                                       
                                                                               
Voting Rights and Capital as at 30.6.08                       01.07.08         
                                                                               
Repurchase of 20,000 shares for cancellation                  04.07.08         
                                                                               
Further announcement re Extraordinary General Meeting (re     04.07.08         
dispute resolution procedure limiting any arbitration to the                   
UK) 10 July 2008                                                               
                                                                               
Portfolio update (exceptions)                                 03.07.08         
                                                                               
Result of EGM                                                 11.07.08         
                                                                               
Blocklisting return - general corporate purposes (10.1.08 to  11.07.08         
10.7.08)                                                                       
                                                                               
Interim Management Statement for the quarter to 31.5.08       14.07.08         
                                                                               
Availability of Resolutions passed at EGM on 10.7.08 and      15.07.08         
revised Articles of Association with UKLA                                      
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  18.07.08         
17.7.08)                                                                       
                                                                               
Voting Rights and Capital as at 31.7.08                       01.08.08         
                                                                               
Portfolio update (exceptions)                                 06.08.08         
                                                                               
Blocklisting general corporate purposes (from 8.2.08 to       11.08.08         
8.8.08)                                                                        
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  14.08.08         
14.8.08)                                                                       
                                                                               
Compliance with Model Code                                    01.09.08         
                                                                               
Voting Rights and Capital as at 31.8.08                       01.09.08         
                                                                               
Portfolio update (exceptions)                                 03.09.08         
                                                                               
Blocklisting return - Fidelity ISA (10.3.08 to 10.9.08)       11.09.08         
                                                                               
Blocklisting return - Fidelity Share Plan (17.3.08 to         18.09.08         
17.9.08)                                                                       
                                                                               
Substantial shareholder notification (FIL Limited; co sec     17.09.08         
notified on 16.9.08)                                                           
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  18.09.08         
17.9.08)                                                                       
                                                                               
Voting Rights and Capital as at 30.9.08                       01.10.08         
                                                                               
Portfolio update (exceptions)                                 02.10.08         
                                                                               
Confirmation of filing monthly factsheet (sent for filing on  20.10.08         
20.10.08)                                                                      
                                                                               
Preliminary Announcement of Audited Results for the year      31.10.08         
ended 31 August 2008                                                           
                                                                               
Portfolio update (exceptions)                                 05.11.08         
                                                                               
Voting Rights and Capital as at 31.10.08                      03.11.08         
                                                                               
Submission of annual report to UKLA for year to 31.8.08       11.11.08         
                                                                               
Further re: Preliminary announcement of results to 31.08.08   12.11.08         

Companies House filings

The following information was filed with the Registrar of Companies. Please
note that some of the information announced during the period may now be out of
date.

Document filed                                                Date sent to     
                                                              Companies House  
                                                                               
Notification following each repurchase of shares for          Within 28 days of
cancellation                                                  delivery of the  
                                                              shares to the    
                                                              Company          
                                                                               
AGM resolutions                                               17.12.07         
                                                                               
Annual report                                                 17.12.07         
                                                                               
Annual return                                                 03.10.08         

Contact details for queries:

Mrs Tracey Cousins

For and on behalf of

FIL Investments International

Company Secretary

01737 836 883

19 November 2008