Transaction in Own Shares

Fidelity Special Values PLC announces that the Company, on 7 August 2007,
repurchased 50,770 of its own shares for cancellation at a price of 579.2 pence
per share. The total number of shares now in issue is 59,965,688.

Miss Tracey A Bennett

For and on behalf of Fidelity Investments International

Company Secretary

01737 836 883

7 August 2007