Issue of Equity

Fidelity Special Values PLC announces that on 26 September 2002 the Company
allotted 692 ordinary 25p shares at a price of 221 pence per share (which
represents a premium in excess of 2% over the latest net asset value) in
respect of the Fidelity ISA. The new shares will rank pari passu with existing
ordinary 25p shares. A total of 559,988 shares now remain available for issue
under the existing authority. The total number of ordinary 25p shares now in
issue is 42,241,607.