Share Allottment in Respect of Warrant Exercise

Fidelity Asian Values PLC
6 December 1999

On 6 December 1999 (with effect from 30 November 1999), Fidelity Asian Values
PLC issued and allotted a further 4,400 ordinary shares, in respect of the
exercise of warrants. The total issued share capital is now 100,420,796 and the
number of warrants outstanding is 20,474,404.