Annual Information Update

Fidelity Asian Values PLC                            

In accordance with Prospectus Rule 5.2, the information published during the 12
months ended 31 July 2005 in respect of Fidelity Asian Values PLC is as
follows:-

Further details may be obtained from the Company Secretary or from the London
Stock Exchange website (www.londonstockexchange.com/rns)

All of the information was notified via PRNewswire. Please note that some of
the information announced during the period may now be out of date.

The Company's net asset values have been announced each business day during the
past year. These are not separately noted in the schedule below.

Notifiable event                                                 Date of       
                                                                 announcement  
                                                                               
Confirmation of filing monthly factsheet                         08/09/04      
                                                                               
Blocklisting return - Warrants                                   20/09/04      
                                                                               
Announcement of Annual Results                                   23/09/04      
                                                                               
Confirmation of filing monthly factsheet                         26/10/04      
                                                                               
Confirmation of filing AGM documents                             28/10/04      
                                                                               
Portfolio disclosures                                            02/11/04      
                                                                               
Conformation of filing monthly factsheet                         10/11/04      
                                                                               
AGM results                                                      25/11/04      
                                                                               
Confirmation of filing monthly factsheet                         14/12/04      
                                                                               
Confirmation of filing monthly factsheet                         19/01/05      
                                                                               
Portfolio disclosures                                            02/02/05      
                                                                               
Appointment of Knight and Matthews and resignation of Haslam     10/02/05      
                                                                               
Confirmation of filing monthly factsheet                         16/02/05      
                                                                               
Confirmation of filing monthly factsheet                         08/03/05      
                                                                               
Announcement of Interim Results                                  23/03/05      
                                                                               
Confirmation of part repayment of debt                           29/03/05      
                                                                               
Availability if Interim report                                   04/04/05      
                                                                               
Confirmation of filing monthly factsheet                         15/04/05      
                                                                               
Portfolio disclosures                                            04/05/05      
                                                                               
Confirmation of filing monthly factsheet                         13/05/05      
                                                                               
Confirmation of filing monthly factsheet                         22/06/05      
                                                                               
Apppointment of Hugh Bolland as Chairman of Audit C'tee          23/06/05      
                                                                               
Confirmation of filing monthly factsheet                         15.07.05      

Contact details for queries:

Stephen Westwood

Head of Investment Trusts, Fidelity

Tel: [phone]

Rebecca Burtonwood

For and on behalf of

Fidelity Investments International

Company Secretary

01737 836 869