Compliance with Model Code

Fidelity Special Values PLC

Transactions in a close period - Listing Rule 15.5.1

Pursuant to LR15.5.1(4) the Company is satisfied that all inside information
which the Directors and the Company may have in the period leading up to the
announcement of the Company's final results for the year to 31 August 2010 has
previously been notified to PRNewswire (a Regulated Information Service).

Rebecca Burtonwood

For and on behalf of FIL Investments International

Company Secretary

01737 836869

1 September 2010