Blocklsiting

Fidelity Special Values PLC
1 August 2001


                         Fidelity Special Values PLC

The Company announces that as at 2 August 2001 1,500,000 ordinary shares of
25p each will be blocklisted on the Official List of the UK Listing Authority
and on the London Stock Exchange.

These shares will, on issue, rank pari pasu with the existing 25p ordinary
shares.