Resolutions Passed at AGM

Fidelity Asian Values PLC
25 November 1999

At the Annual General Meeting held on 25 November 1999, all resolutions were
duly passed.  The resolutions passed under 'Special Business' were as follows:

The Directors authority to allot a limited number of currently unissued
ordinary shares for cash without first offering such shares to existing
ordinary shareholders pro rata to their existing holdings has been renewed.

The Company's authority to purchase its shares for cancellation has been
renewed up to a limit of 14.8% of the number of ordinary shares in issue on 22
September 1999.

It was resolved by a substantial majority that the Company continue to carry
on business as an investment trust, with votes in favour amounting to
19,654,987 and votes against amounting to 77,550.

Enquiries : Barbara Powley - Fidelity Investments International
            01737 836882