Appointment of Audit Committee Chairman

Fidelity Asian Values PLC

The Board of Fidelity Asian Values PLC is pleased to announce that Mr Hugh
Bolland has today been appointed as the Chairman of the Audit Committee of the
Board. Although stepping down as its Chairman Sir Victor Garland remains a
member of the Audit Committee.

For further information please contact:

Barbara Powley

Fidelity Investments 01737 836883