Transaction in Own Shares

Fidelity Special Values PLC announces that the Company, on 25 July 2007,
repurchased 71,575 of its own shares for cancellation at a price of 581.88
pence per share. The total number of shares now in issue is 60,113,318.

Miss Tracey A Bennett

For and on behalf of Fidelity Investments International

Company Secretary

01737 836 883

26 July 2007