Statement re draw down of loan

The Board of Fidelity Asian Values PLC announces that on 19 November 2010 an
amount of US$6,000,000 has been drawn down under the Company's 364 day
revolving loan facility with ING Bank N.V. The rate of interest applicable to
an advance pursuant to this agreement during its term shall be the rate per
annum equal to the aggregate of LIBOR and the agreed margin. The proceeds of
the drawdown are being invested in a manner consistent with the Company's
investment objective.

Enquiries: Miss Rebecca Tyerman, FIL Investments International, 01737 837758

19 November 2010