Directorate Change

Fidelity Asian Values PLC

The Board of Fidelity Asian Values PLC is pleased to announce that Mr Hugh
Bolland has been appointed as a non-executive director of the Company with
effect from 11 March 2004.

Mr Bolland's current directorships are set out below:-

EuroCommercial Properties N.V. (listed in Amsterdam)

Mr Bolland's past directorships are set out below:-

Schroder Split Fund (retired 2002)

It is confirmed that there is no information to be disclosed under paragraph
6.F.2 (b) to (g).

For further information please contact:

Barbara Powley

Fidelity Investments 01737 836883