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                           14 November 2014            
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                           17 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 of    Situation previous    Resulting situation after the triggering         
shares           to the triggering     transaction                                      
                 transaction                                                            
                                                                                        
if possible      Number     Number     Number     Number of voting   % of  voting rights
using            of         of         of shares  rights             x                  
the ISIN CODE    Shares     Voting                                                      
                            Rights     Indirect   Direct  Indirect   Direct   Indirect  
                                                  xi      xii                           
                                                                                        
GB0003325106                                                                            
                 17,237,380 17,237,380 17,230,374         17,230,374          31.99%    
                                                                                        
                                                                                        

 

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 xiv  rights that may be     rights      
                                                     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 rights   % of voting    
financial  price    date xvii    Conversion    instrument refers to      rights xix, xx 
instrument                       period xviii                                           
                                                                                        
                                                                                        
                                                                         Nominal   Delta
                                                                                        
                                                                                        
                                                                                        

 

Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                  Percentage of voting rights                    
                                                                                        
17,230,374                               31.99%                                         
                                                                                        

 

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      11,175,458       FIL                          
                                                                                        
BNY MELLON NOMINEES LTD                      5,667,512       FIL                          
                                                                                        
Grand Total                                 17,230,374                              
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                             FIL Limited                   
                                                                                        
11. Number of voting rights proxy holder will cease to    7,006                         
hold:                                                                                   
                                                                                        
12. Date on which proxy holder will cease to hold voting  14 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)