Transaction in Own Shares

Fidelity Asian Values PLC announces that the Company, on 11 September 2007,
repurchased 250,000 of its own shares for cancellation at a price of 134.25
pence per share. The total number of shares now in issue is 108,097,200.

Graham Symonds

For and on behalf of Fidelity Investments International

Company Secretary

01737 837345

11 September 2007