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 Special Values Plc
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
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 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                           18 November 2014            
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                           20 November 2014            
                                                                                        
7. Threshold(s) that is/are crossed or                      32%                         
reached: vi, vii                                                                        
                                                                                        

8. Notified details:                                                                                                     
                                                                                                                         
A: Voting rights attached to shares viii, ix                                                                             
                                                                                                                         
Class/type   Situation previous                         Resulting situation after the triggering transaction     
of           to the triggering                                                                                   
shares       transaction                                                                                         
                                                                                                                 
             Number                   Number            Number     Number of voting                 % of  voting rightsx
if possible  of                       of                of shares  rights                                          
using        Shares                   Voting                                                                       
the ISIN                              Rights            Indirect   Direct xi             Indirect   Direct Indirect
CODE                                                                                     xii                       
                                                                                                                   
GB0003325106                                                                                                       
             17,223,474               17,223,474        17,039,834                       17,039,834        31.66%  
                                                                                                                   
                                                                                                                   
                                                                                                                   
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 price          Expiration date Exercise/    Number of voting rights instrument  % of votingrights
financial                             xvii            Conversion   refers to                           xix, xx          
instrument                                            period xviii                                             

                                                                                                       Nominal Delta       




Total (A+B+C)                                                                                                            
Number of voting rights                                        Percentage of voting rights                               
17,039,834                                                     31.66%                                                    
                                                                                                                         


 

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         
                                                                                        
JP MORGAN, BOURNEMOUTH                             387,404 FISL                         
                                                                                        
FIL NOMINEE (SHAREHOLDINGS) LTD GENPEP          11,157,814 FIL                          
                                                                                        
BNY MELLON NOMINEES LTD                          5,494,616 FIL                          
                                                                                        
Grand Total                                     17,039,834                              
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                             FIL Limited                   
                                                                                        
11. Number of voting rights proxy holder will cease to    183,640                       
hold:                                                                                   
                                                                                        
12. Date on which proxy holder will cease to hold voting  18 November 2014              
rights:                                                                                 
                                                                                        
                                                                                        
                                                                                        
                                        FIL may exercise any voting rights attaching to 
13. Additional information:             Fidelity ISA or Fidelity Share plan clients     
                                        beneficial shareholding unless the client has   
                                        elected to exercise such rights themselves.     
                                                                                        
                                                                                        
                                                                                        
                                        FIL Limited is restricted to voting 29.9% of the
                                        issued share capital (formula as provided by the
                                        Takeover Panel).                                
                                                                                        
14. Contact name:                       Nina Collomosse                                 
                                                                                        
                                                                                        
                                                                                        
15. Contact telephone number:           [e-mail], 01737 837092          
                                                                                        
                                                                                        
                                                                                        

 

B: Identity of the notifier, if applicable                                              
                                                                                        
Full name                                                                 Faith Pengelly
                                                                                        
                                                    For and on behalf of FIL Investments
                                                                           International
                                                                                        
Contact address                                   Kingswood Place, Millfield Lane, Lower
                                                    Kingswood, Tadworth, Surrey KT20 6RP
                                                                                        
                                                                                        
Phone number & email                                                                    
                                                                            01737 834156
                                                                                        
                                                                                        
Other useful information                                                                
                                                                                        
(e.g. functional relationship with the person or                Senior Company Secretary
legal entity subject to the notification                                                
obligation)