Result of AGM

Fidelity Special Values PLC - results of Annual General Meeting

At the Company's Annual General Meeting held on 10 December 2014 all
resolutions were duly passed on a poll.

The resolutions passed under Special Business were as follows:

- to renew the Directors' authority to allot a limited number of currently
  unissued ordinary shares for cash;

- to issue such shares without first offering them to existing ordinary
  shareholders pro rata to their existing holdings;

- the Company's authority to purchase up to 14.99% of its own shares in issue
  on the date of passing the resolution; and

- to approve and adopt the Company's new Articles of Association.

Full details of the resolutions will soon be filed with Companies House.

The proxy results for the Company's Annual General Meeting held on 10 December
2014 will shortly be available at www.fidelity.com/its

10 December 2014

Contact for queries:
Faith Pengelly
FIL Investments International, Company Secretary
Telephone: [phone]