Result of General Meeting

20 MAY 2015

FIDELITY SPECIAL VALUES PLC

RESULTS OF GENERAL MEETING

Fidelity Special Values PLC (the "Company") is pleased to announce that the
resolutions proposed at a general meeting of the Company held earlier today
were duly approved by shareholders. As set out in the circular to shareholders
dated 23 April 2015 (the "Circular") resolutions were proposed to approve the
sub-division of the Company's issued share capital and certain amendments to
the Company's investment objective and policy. The Company's new investment
objective and policy will be adopted with immediate effect.

As set out in the Circular, following approval of the sub-division of the
Company's existing ordinary shares of 25 pence each (the "Existing Ordinary
Shares") into five ordinary shares of 5 pence each (the "New Ordinary Shares"),
it is expected that the last day of trading on the London Stock Exchange of the
Existing Ordinary Shares will be 26 June 2015 and the New Ordinary Shares will
commence trading on 29 June 2015 with the following identifiers: ISIN:
GB00BWXC7Y93 and SEDOL: BWXC7Y9.

The New Ordinary Shares will carry the same rights in all respects as the
Existing Ordinary Shares, including voting rights. The only change will be the
aggregate number of shares held and the nominal value per share.

The expected timetable for the implementation of the sub-division is as
follows:

                                                                           2015
                                                                               
Record date of the sub-division                            5.00 p.m. on 26 June
                                                                               
Trading in New Ordinary Shares commences                   8.00 a.m. on 29 June
                                                                               
CREST members' accounts credited in respect of the New     8.00 a.m. on 29 June
Ordinary Shares in uncertificated form                                         
                                                                               
Despatch of definitive share certificates for the New                by 13 July
Ordinary Shares held in certificated form                                      

Details of the proxy votes lodged before the meeting will be available shortly
at www.fidelity.co.uk/its. A copy of the resolutions passed at the general
meeting has been submitted to the National Storage Mechanism and will shortly
be available for inspection at www.morningstar.co.uk/uk/NSM.

Enquiries

For further information please contact:

 

Christopher Pirnie

For and on behalf of FIL Investments International

Company Secretary

01737 837929