Transaction in Own Shares

Fidelity Special Values PLC announces that the Company, on 26 July 2007,
repurchased 40,250 of its own shares for cancellation at a price of 573.35
pence per share. The total number of shares now in issue is 60,073,068.

Miss Tracey A Bennett

For and on behalf of Fidelity Investments International

Company Secretary

01737 836 883

27 July 2007