Compliance with Model Code

Fidelity Asian Values PLC

Transactions in a close period - Listing Rule 15.5.1

Pursuant to LR15.5.1(4) the Company is satisfied that all inside information
which the Directors and the Company may have in the period leading up to the
announcement of the Company's interim results for the half year to 31 January
2008 has previously been notified to PRNewswire (a Regulated Information
Service).

Graham Symonds

For and on behalf of Fidelity Investments International

Company Secretary

01737 837345

1 February 2008