Final Exercise of Subscription Shares

Fidelity Asian Values PLC (the "Company")                   

                     Final Exercise of Subscription Shares                     

3 June 2013

Further to the announcement made by the Company earlier today, the Company has
been informed by the Final Subscription Trustee, appointed pursuant to
paragraph 8(g) of Part IV of the prospectus published by the Company in
connection with the bonus issue of Subscription Shares dated 5 February 2010
(the "Prospectus"), that it is exercising the 5,072,002 outstanding
Subscription Shares on the same terms.

Subscription Shareholders, on whose behalf the Trustee has exercised the
outstanding Subscription Rights and is selling the resulting Ordinary Shares,
will receive the net proceeds of such sale after deduction of the Subscription
Price of 191p together with all associated fees, costs and expenses.  An
announcement regarding the quantum and timing of the distribution of the net
proceeds will be made in due course.

Total Voting Rights

Following the issue of the new Ordinary Shares noted above, the Company's
issued share capital consists of 67,680,213 Ordinary Shares, with each share
carrying the right to one vote.  The Company holds no shares in Treasury.

Therefore, the total number of voting rights in the Company is 67,680,213.

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FSA's
Disclosure and Transparency Rules.

Capitalised terms shall have the same meaning set out in the Prospectus unless
otherwise defined.

Contact for queries:

David Fallon
FIL Investments International
Company Secretary
Telephone: [phone]