TR-1 Substantial Shareholding

For filings with the FCA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Fidelity Japanese Values Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Wells Capital Management, Inc.
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		June 5, 2015
6. Date on which issuer notified:		June 16, 2015
7. Threshold(s) that is/are crossed or reached: vi, vii		15%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB0003328555

16,172,728

16,172,728

17,448,728

17,448,728

15.30%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

17,448,728

15.30%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:		Wells Capital Management Inc.
11. Number of voting rights proxy holder acquire:		1,276,000
12. Date on which proxy holder will acquire voting rights:		June 5, 2015
13. Additional information:
14. Contact name:	Darrick Yong
15. Contact telephone number:	1-415-396-8848
B: Identity of the notifier, if applicable
Full name	Natalia de Sousa For and on behalf of FIL Investments International
Contact address	Kingswood Place, Millfield Lane, Lower Kingswood, Tadworth, Surrey KT20 6RB
Phone number & email	01737 837846
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)